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
₽93996
₽119824
₽88427
₽104380
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
243 000
income

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

-
-
-
83 720
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.

-
-
-
4 604
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.

-
-
-
6 414
trade
-
-
-
31 397
total
-
-
-
126 135
Employee

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

35 910
-
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.

55
-
4 604
-
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.

1 003
-
83 720
-
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.

6 414
-
6 414
-
total
7 472
-
94 738
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
207 090
243 000
-
-
income
31 064
36 450
-
-
surtax

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

1 709
2 004
-
-
chamber of commerce
440
492
-
-
trade
32 616
38 273
-
-
total
65 829
77 219
-
-
Dividends
141 261
165 781
-
-
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.

1 922
2 259
-
-
withholding
34 959
41 088
-
-
total
36 881
43 347
-
-
Income
243 000
243 000
243 000
243 000
Total tax
110 182
120 566
94 738
126 135
After tax
132 818
122 434
148 262
116 865
Living cost
28 438
28 438
28 438
28 438
Free-cash
104 380
93 996
119 824
88 427

Estimated living cost  is ₽28438 per week

₽17888
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3316
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6703
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽101681
₽88235
₽86931
₽100851
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
243 000
social contributions
-
-
-
2 612
municipal
-
-
-
27 112
national
-
-
-
47 234
pensions
-
-
-
29 160
total
-
-
-
106 118
Employee
77 434
-
210 071
-
municipal
9 564
-
28 053
-
pensions
3 097
-
8 403
-
national
14 821
-
49 294
-
total
27 482
-
85 750
-
Employer
77 434
-
210 071
-
pensions
6 195
-
16 806
-
social contributions
832
-
2 258
-
total
7 027
-
19 064
-
Corporate
153 429
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%.

30 686
48 600
-
-
total
30 686
48 600
-
-
Dividends
122 743
194 400
-
-
withholding
27 003
42 768
-
-
total
27 003
42 768
-
-
Income
243 000
243 000
243 000
243 000
Total tax
92 198
91 368
104 814
106 118
After tax
150 802
151 632
138 186
136 882
Living cost
49 951
49 951
49 951
49 951
Free-cash
100 851
101 681
88 235
86 931

Estimated living cost  is ₽49951 per week

₽33951
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4643
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽748
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10609
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽174868
₽87791
₽70989
₽167165
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

As of 1 January, 2018 a microenterprise tax rate for microenterprise turnover of up to €40,000 is 15%. This tax is inclusive of all other taxes and contributions.

Microenterprise tax could also be applied to a company but as the only exception is a limitation of liability, we advise to register as a sole-trader.

-
-
-
243 000
income
-
-
-
54 539
surtax
-
-
-
61 966
social contributions

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

-
-
-
35 973
microenterprise
-
-
-
-
total
-
-
-
152 478
Employee
27 434
-
194 634
-
surtax
-
-
28 222
-
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.

3 018
-
12 308
-
income
4 884
-
46 782
-
total
7 902
-
87 312
-
Employer
27 434
-
194 634
-
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.

6 608
-
26 955
-
surtax
-
-
21 409
-
total
6 608
-
48 364
-
Corporate
208 957
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%.

41 792
48 599
-
-
total
41 792
48 599
-
-
Dividends

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

167 166
194 401
-
-
total
-
-
-
-
Income
243 000
243 000
243 000
243 000
Total tax
56 302
48 599
135 676
152 478
After tax
186 698
194 401
107 324
90 522
Living cost
19 533
19 533
19 533
19 533
Free-cash
167 165
174 868
87 791
70 989

Estimated living cost  is ₽19533 per week

₽12461
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1860
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽444
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4768
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82136
₽116023
₽89424
₽76382
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
243 000
income
-
-
-
91 668
health
-
-
-
11 577
pensions
-
-
-
11 000
total
-
-
-
114 245
Employee
80 176
80 176
225 552
-
pensions
14 432
11 000
11 000
-
income

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

13 124
13 124
47 621
-
health
12 306
10 467
11 577
-
total
39 862
34 591
70 198
-
Employer
80 176
80 176
225 552
-
health
5 573
5 573
6 925
-
pensions
5 580
5 580
6 936
-
unemployment
2 886
2 886
3 587
-
total
14 039
14 039
17 448
-
Corporate
149 767
148 784
-
-
income
29 954
29 756
-
-
total
29 954
29 756
-
-
Dividends
119 813
119 028
-
-
income
25 460
25 293
-
-
withholding
17 972
17 854
-
-
total
43 432
43 147
-
-
Income
243 000
243 000
243 000
243 000
Total tax
127 287
121 533
87 646
114 245
After tax
115 713
121 467
155 354
128 755
Living cost
39 331
39 331
39 331
39 331
Free-cash
76 382
82 136
116 023
89 424

Estimated living cost  is ₽39331 per week

₽27873
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3546
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽625
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7287
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94915
₽81393
₽82309
₽94065
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
243 000
accident
-
-
-
165
other
-
-
-
9 617
unemployment
-
-
-
83
health
-
-
-
5 164
municipal
-
-
-
65 313
national
-
-
-
33 639
pensions
-
-
-
8 947
total
-
-
-
122 928
Employee
53 808
-
216 996
-
municipal
16 046
-
64 708
-
national
-
-
33 132
-
total
16 046
-
97 840
-
Employer
53 808
-
216 996
-
health
3 309
-
5 090
-
pensions
5 817
-
8 947
-
accident
108
-
165
-
unemployment
1 421
-
2 185
-
other
6 253
-
9 617
-
total
16 908
-
26 004
-
Corporate
172 285
243 000
-
-
income
37 903
53 460
-
-
total
37 903
53 460
-
-
Dividends
134 382
189 540
-
-
withholding
40 315
56 862
-
-
total
40 315
56 862
-
-
Income
243 000
243 000
243 000
243 000
Total tax
111 172
110 322
123 844
122 928
After tax
131 828
132 678
119 156
120 072
Living cost
37 763
37 763
37 763
37 763
Free-cash
94 065
94 915
81 393
82 309

Estimated living cost  is ₽37763 per week

₽25028
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3706
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8456
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84301
₽111379
₽78587
₽97492
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
243 000
income

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

-
-
-
83 720
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.

-
-
-
4 604
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.

-
-
-
6 414
trade
-
-
-
32 792
total
-
-
-
127 530
Employee

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

47 612
-
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.

224
-
4 604
-
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.

4 091
-
83 720
-
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.

6 414
-
6 414
-
total
10 729
-
94 738
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
195 388
243 000
-
-
income
29 309
36 450
-
-
surtax

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

1 612
2 004
-
-
chamber of commerce
420
488
-
-
trade
32 142
39 974
-
-
total
63 483
78 916
-
-
Dividends
131 904
164 083
-
-
surtax

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

1 794
2 236
-
-
withholding
32 619
40 664
-
-
total
34 413
42 900
-
-
Income
243 000
243 000
243 000
243 000
Total tax
108 625
121 816
94 738
127 530
After tax
134 375
121 184
148 262
115 470
Living cost
36 883
36 883
36 883
36 883
Free-cash
97 492
84 301
111 379
78 587

Estimated living cost  is ₽36883 per week

₽24668
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3889
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽7775
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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
₽146565
₽129822
₽131750
₽142673
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
243 000
income
-
-
-
59 409
social contributions
-
-
-
15 191
health
-
-
-
6 197
total
-
-
-
80 797
Employee
72 195
72 195
230 651
-
social contributions
3 508
5 992
8 082
-
income
7 581
6 683
58 372
-
health
718
1 228
3 922
-
total
11 807
13 903
70 376
-
Employer
72 195
72 195
230 651
-
health
782
1 336
4 267
-
social contributions
3 508
5 992
8 082
-
total
4 290
7 328
12 349
-
Corporate
196 450
163 477
-
-
income
24 555
20 434
-
-
total
24 555
20 434
-
-
Dividends
171 894
143 042
-
-
withholding
29 222
24 317
-
-
total
29 222
24 317
-
-
Income
243 000
243 000
243 000
243 000
Total tax
69 874
65 982
82 725
80 797
After tax
173 126
177 018
160 275
162 203
Living cost
30 453
30 453
30 453
30 453
Free-cash
142 673
146 565
129 822
131 750

Estimated living cost  is ₽30453 per week

₽20817
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2379
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6746
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽119512
₽124045
₽151514
₽119863
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

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

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

The minimum wage is 138,000 HUF per month.

24 286
9 665
203 347
-
unemployment
364
145
3 050
-
pensions
2 429
967
20 335
-
income
2 969
1 182
24 859
-
health
1 700
677
14 234
-
total
7 462
2 971
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.

24 286
9 665
203 347
-
pensions
4 736
1 885
39 653
-
total
4 736
1 885
39 653
-
Corporate
213 979
231 450
-
-
income
19 258
20 830
-
-
total
19 258
20 830
-
-
Dividends
194 721
210 619
-
-
social contributions
37 860
40 960
-
-
withholding
36 997
40 018
-
-
total
74 857
80 978
-
-
Income
243 000
243 000
243 000
243 000
Total tax
106 313
106 664
102 131
74 662
After tax
136 687
136 336
140 869
168 338
Living cost
16 824
16 824
16 824
16 824
Free-cash
119 863
119 512
124 045
151 514

Estimated living cost  is ₽16824 per week

₽11481
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1377
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽336
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3630
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽171724
₽117385
₽107572
₽165889
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
243 000
income
-
-
-
32 562
health
-
-
-
31 590
pensions
-
-
-
48 599
total
-
-
-
112 751
Employee
26 635
-
181 613
-
unemployment
426
-
2 906
-
pensions
533
-
3 633
-
income
2 999
-
35 016
-
total
3 958
-
41 555
-
Employer
26 635
-
181 613
-
health
3 462
-
23 609
-
pensions
5 327
-
36 322
-
unemployment
214
-
1 452
-
total
9 003
-
61 383
-
Corporate
207 363
243 000
-
-
income
41 473
48 599
-
-
total
41 473
48 599
-
-
Dividends
165 890
194 401
-
-
total
-
-
-
-
Income
243 000
243 000
243 000
243 000
Total tax
54 434
48 599
102 938
112 751
After tax
188 566
194 401
140 062
130 249
Living cost
22 677
22 677
22 677
22 677
Free-cash
165 889
171 724
117 385
107 572

Estimated living cost  is ₽22677 per week

₽15554
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1351
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5317
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1248
₽113711
₽144912
₽16471
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
243 000
accident
-
-
-
240
income
-
-
-
70 530
other
-
-
-
353
health
-
-
-
2 075
pensions
-
-
-
3 959
total
-
-
-
77 157
Employee
32 926
-
223 317
-
pensions
3 708
-
7 259
-
income
4 517
-
55 847
-
health
3 770
-
25 570
-
total
11 995
-
88 676
-
Employer
32 926
-
223 317
-
pensions
5 354
-
10 482
-
accident
550
-
3 729
-
unemployment
807
-
5 471
-
total
6 711
-
19 682
-
Corporate
203 364
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.

183 028
218 700
-
-
total
183 028
218 700
-
-
Dividends
20 336
24 300
-
-
withholding
3 864
4 617
-
-
total
3 864
4 617
-
-
Income
243 000
243 000
243 000
243 000
Total tax
205 598
223 317
108 358
77 157
After tax
37 402
19 683
134 642
165 843
Living cost
20 931
20 931
20 931
20 931
Free-cash
16 471
-1 248
113 711
144 912

Estimated living cost  is ₽20931 per week

₽15341
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1160
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽437
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3994
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽223299
₽186849
₽233019
₽221884
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 438
-
243 000
-
income
1 887
-
48 600
-
total
1 887
-
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%.

233 562
243 000
-
-
total
-
-
-
-
Dividends
233 562
243 000
-
-
withholding
11 678
12 150
-
-
total
11 678
12 150
-
-
Income
243 000
243 000
243 000
243 000
Total tax
13 565
12 150
48 600
2 430
After tax
229 435
230 850
194 400
240 570
Living cost
7 551
7 551
7 551
7 551
Free-cash
221 884
223 299
186 849
233 019

Estimated living cost  is ₽7551 per week

₽4680
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽628
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽208
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2036
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽153515
₽123776
₽125709
₽147175
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
243 000
income
-
-
-
44 945
other
-
-
-
6 781
health
-
-
-
6 282
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.

-
-
-
34 266
total
-
-
-
92 274
Employee
34 090
-
206 513
-
unemployment
340
-
1 427
-
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.

2 386
-
9 994
-
income
5 869
-
44 300
-
health
477
-
1 999
-
total
9 072
-
57 720
-
Employer
34 090
-
206 513
-
health
477
-
1 999
-
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.

5 796
-
24 272
-
accident
273
-
1 652
-
unemployment
340
-
1 427
-
other
1 705
-
7 137
-
total
8 591
-
36 487
-
Corporate
200 319
243 000
-
-
income
42 068
51 030
-
-
total
42 068
51 030
-
-
Dividends
158 251
191 970
-
-
withholding
11 077
13 438
-
-
total
11 077
13 438
-
-
Income
243 000
243 000
243 000
243 000
Total tax
70 808
64 468
94 207
92 274
After tax
172 192
178 532
148 793
150 726
Living cost
25 017
25 017
25 017
25 017
Free-cash
147 175
153 515
123 776
125 709

Estimated living cost  is ₽25017 per week

₽17676
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1689
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽5249
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87758
₽70786
₽92353
₽95341
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
77 635
pensions
-
-
-
10 016
total
-
-
-
87 651
Employee
89 130
-
211 562
-
pensions
8 599
-
11 756
-
income
16 067
-
63 256
-
health
1 469
-
2 768
-
total
26 135
-
77 780
-
Employer
89 130
-
211 562
-
health
1 693
-
4 020
-
pensions
10 524
-
27 418
-
total
12 217
-
31 438
-
Corporate
141 653
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.

26 914
46 169
-
-
total
26 914
46 169
-
-
Dividends
114 739
196 831
-
-
withholding
19 397
46 077
-
-
total
19 397
46 077
-
-
Income
243 000
243 000
243 000
243 000
Total tax
84 663
92 246
109 218
87 651
After tax
158 337
150 754
133 782
155 349
Living cost
62 996
62 996
62 996
62 996
Free-cash
95 341
87 758
70 786
92 353

Estimated living cost  is ₽62996 per week

₽47204
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7402
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7879
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽195455
₽195848
₽185483
₽191096
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
243 000
income
-
-
-
36 450
unemployment
-
-
-
131
health
-
-
-
3 772
pensions

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

-
-
-
4 854
total
-
-
-
45 207
Employee
16 300
-
236 566
-
accident

We are using the highest rate at 1.1%.

179
-
361
-
pensions

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

1 431
-
2 880
-
income
1 630
-
23 657
-
health
750
-
1 509
-
total
3 990
-
28 407
-
Employer
16 300
-
236 566
-
health
1 125
-
2 263
-
pensions

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

1 796
-
3 614
-
accident

We are using the highest rate at 1.1%.

179
-
361
-
unemployment
97
-
197
-
total
3 197
-
6 435
-
Corporate
223 501
243 000
-
-
income
22 350
24 300
-
-
total
22 350
24 300
-
-
Dividends
201 151
218 700
-
-
withholding
10 057
10 935
-
-
total
10 057
10 935
-
-
Income
243 000
243 000
243 000
243 000
Total tax
39 594
35 235
34 842
45 207
After tax
203 406
207 765
208 158
197 793
Living cost
12 310
12 310
12 310
12 310
Free-cash
191 096
195 455
195 848
185 483

Estimated living cost  is ₽12310 per week

₽7187
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽879
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽326
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3918
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69405
₽103292
₽76693
₽71766
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
243 000
income
-
-
-
91 668
health
-
-
-
11 577
pensions
-
-
-
11 000
total
-
-
-
114 245
Employee
87 046
80 176
225 552
-
pensions
11 000
11 000
11 000
-
income

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

13 124
13 124
47 621
-
health
10 859
10 467
11 577
-
total
34 983
34 591
70 198
-
Employer
87 046
80 176
225 552
-
health
6 049
5 573
6 925
-
pensions
6 058
5 580
6 936
-
unemployment
3 134
2 886
3 587
-
total
15 241
14 039
17 448
-
Corporate
140 713
148 784
-
-
income
28 142
29 756
-
-
total
28 142
29 756
-
-
Dividends
112 572
119 028
-
-
income
23 921
25 293
-
-
withholding
16 885
17 854
-
-
total
40 806
43 147
-
-
Income
243 000
243 000
243 000
243 000
Total tax
119 172
121 533
87 646
114 245
After tax
123 828
121 467
155 354
128 755
Living cost
52 062
52 062
52 062
52 062
Free-cash
71 766
69 405
103 292
76 693

Estimated living cost  is ₽52062 per week

₽38405
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4650
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽597
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8411
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽144316
₽112079
₽123089
₽136114
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
243 000
income
-
-
-
26 567
social contributions
-
-
-
33 082
solidarity contribution
-
-
-
4 467
health
-
-
-
32 805
total
-
-
-
96 921
Employee
33 809
-
196 951
-
solidarity contribution
-
-
3 479
-
social contributions
2 198
-
7 364
-
income
4 057
-
24 450
-
health
4 564
-
26 588
-
total
10 819
-
61 881
-
Employer
33 809
-
196 951
-
health
3 043
-
17 726
-
social contributions
8 452
-
28 324
-
total
11 495
-
46 050
-
Corporate
197 695
243 000
-
-
income
37 562
46 170
-
-
total
37 562
46 170
-
-
Dividends
160 133
196 830
-
-
withholding
24 020
29 524
-
-
total
24 020
29 524
-
-
Income
243 000
243 000
243 000
243 000
Total tax
83 896
75 694
107 931
96 921
After tax
159 104
167 306
135 069
146 079
Living cost
22 990
22 990
22 990
22 990
Free-cash
136 114
144 316
112 079
123 089

Estimated living cost  is ₽22990 per week

₽15969
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1636
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽452
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4933
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90033
₽71528
₽79486
₽85131
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
46 991
regional
-
-
-
3 224
municipal
-
-
-
1 568
national
-
-
-
72 114
total
-
-
-
123 897
Employee
83 442
-
243 000
-
municipal
442
-
1 450
-
national
14 458
-
65 830
-
regional
787
-
2 969
-
social contributions
28 137
-
61 606
-
total
43 824
-
131 855
-
Employer
83 442
-
243 000
-
total
-
-
-
-
Corporate
159 558
243 000
-
-
municipal
6 223
9 477
-
-
nationa
38 294
58 320
-
-
total
44 517
67 797
-
-
Dividends
115 041
175 203
-
-
withholding
29 911
45 553
-
-
total
29 911
45 553
-
-
Income
243 000
243 000
243 000
243 000
Total tax
118 252
113 350
131 855
123 897
After tax
124 748
129 650
111 145
119 103
Living cost
39 617
39 617
39 617
39 617
Free-cash
85 131
90 033
71 528
79 486

Estimated living cost  is ₽39617 per week

₽27616
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2598
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽608
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8794
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽132128
₽87509
₽93248
₽129209
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
243 000
income
-
-
-
80 788
other
-
-
-
-
surtax
-
-
-
14 075
unemployment
-
-
-
214
health
-
-
-
8 896
pensions
-
-
-
25 061
total
-
-
-
129 034
Employee
31 048
-
216 624
-
other
-
-
-
-
unemployment
2 161
-
8 721
-
pensions
2 070
-
8 358
-
surtax
102
-
12 951
-
income
5 204
-
75 173
-
health
793
-
3 195
-
total
10 330
-
108 398
-
Employer
31 048
-
216 624
-
health
1 413
-
5 701
-
pensions
4 139
-
16 703
-
unemployment
983
-
3 971
-
other
-
-
-
-
total
6 535
-
26 375
-
Corporate
205 417
243 000
-
-
income
53 408
63 181
-
-
total
53 408
63 181
-
-
Dividends
152 008
179 819
-
-
withholding
22 800
26 973
-
-
total
22 800
26 973
-
-
Income
243 000
243 000
243 000
243 000
Total tax
93 073
90 154
134 773
129 034
After tax
149 927
152 846
108 227
113 966
Living cost
20 718
20 718
20 718
20 718
Free-cash
129 209
132 128
87 509
93 248

Estimated living cost  is ₽20718 per week

₽12668
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1912
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5660
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽107717
₽90745
₽112312
₽113938
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
77 635
pensions
-
-
-
10 016
total
-
-
-
87 651
Employee
59 733
-
211 562
-
pensions
5 070
-
11 756
-
income
10 758
-
63 256
-
health
867
-
2 768
-
total
16 695
-
77 780
-
Employer
59 733
-
211 562
-
health
1 135
-
4 020
-
pensions
6 466
-
27 418
-
total
7 601
-
31 438
-
Corporate
175 666
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.

33 376
46 169
-
-
total
33 376
46 169
-
-
Dividends
142 290
196 831
-
-
withholding
28 353
46 077
-
-
total
28 353
46 077
-
-
Income
243 000
243 000
243 000
243 000
Total tax
86 025
92 246
109 218
87 651
After tax
156 975
150 754
133 782
155 349
Living cost
43 037
43 037
43 037
43 037
Free-cash
113 938
107 717
90 745
112 312

Estimated living cost  is ₽43037 per week

₽32243
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3226
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.
₽7117
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽36836
₽109190
₽116560
₽68616
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
243 000
other

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

-
-
-
4 859
regional
-
-
-
14 352
health
-
-
-
548
city
-
-
-
2 562
national
-
-
-
7 484
pensions
-
-
-
22 355
total
-
-
-
52 160
Employee
86 926
-
219 311
-
unemployment
-
-
-
-
pensions
7 303
-
16 395
-
national
411
-
6 144
-
regional
2 846
-
12 841
-
city
933
-
2 381
-
health
197
-
494
-
total
11 690
-
38 255
-
Employer
86 926
-
219 311
-
health
197
-
494
-
pensions
7 303
-
16 395
-
unemployment
-
-
-
-
other

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

1 738
-
4 386
-
total
9 238
-
21 275
-
Corporate
145 880
243 000
-
-
regional
30 855
51 394
-
-
national
12 401
20 656
-
-
total
43 256
72 050
-
-
Dividends
102 625
170 951
-
-
withholding
35 920
59 834
-
-
total
35 920
59 834
-
-
Income
243 000
243 000
243 000
243 000
Total tax
100 104
131 884
59 530
52 160
After tax
142 896
111 116
183 470
190 840
Living cost
74 280
74 280
74 280
74 280
Free-cash
68 616
36 836
109 190
116 560

Estimated living cost  is ₽74280 per week

₽48303
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6666
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽912
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18399
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽76923
₽105251
₽71062
₽92148
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
243 000
income

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

-
-
-
83 720
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.

-
-
-
4 604
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.

-
-
-
6 414
trade
-
-
-
34 189
total
-
-
-
128 927
Employee

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

56 425
-
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.

365
-
4 604
-
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.

6 635
-
83 720
-
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.

6 414
-
6 414
-
total
13 414
-
94 738
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
186 575
243 000
-
-
income
27 987
36 450
-
-
surtax

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

1 539
2 004
-
-
chamber of commerce
404
485
-
-
trade
31 998
41 674
-
-
total
61 928
80 613
-
-
Dividends
124 647
162 387
-
-
surtax

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

1 694
2 213
-
-
withholding
30 806
40 240
-
-
total
32 500
42 453
-
-
Income
243 000
243 000
243 000
243 000
Total tax
107 842
123 066
94 738
128 927
After tax
135 158
119 934
148 262
114 073
Living cost
43 010
43 010
43 010
43 010
Free-cash
92 148
76 923
105 251
71 062

Estimated living cost  is ₽43010 per week

₽31413
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3440
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7599
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90351
₽88960
₽98097
₽95897
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
49 694
other
-
-
-
7 533
surtax
-
-
-
-
social contributions
-
-
-
6 924
health
-
-
-
12 698
pensions
-
-
-
35 932
total
-
-
-
112 781
Employee
40 183
-
183 962
-
pensions
4 543
-
14 494
-
surtax
-
-
-
-
social contributions
1 146
-
5 242
-
income
2 371
-
43 145
-
total
8 060
-
62 881
-
Employer
40 183
-
183 962
-
health
2 813
-
19 037
-
pensions
6 601
-
24 096
-
unemployment
1 627
-
7 451
-
social contributions
121
-
552
-
other
1 386
-
7 901
-
total
12 548
-
59 037
-
Corporate
190 269
243 000
-
-
income
53 275
68 040
-
-
surtax
-
-
-
-
total
53 275
68 040
-
-
Dividends
136 994
174 960
-
-
surtax
-
-
-
-
social contributions
23 563
30 093
-
-
withholding
17 535
22 394
-
-
total
41 098
52 487
-
-
Income
243 000
243 000
243 000
243 000
Total tax
114 981
120 527
121 918
112 781
After tax
128 019
122 473
121 082
130 219
Living cost
32 122
32 122
32 122
32 122
Free-cash
95 897
90 351
88 960
98 097

Estimated living cost  is ₽32122 per week

₽20254
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2612
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.
₽8711
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93533
₽92142
₽101279
₽98749
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
49 694
other
-
-
-
7 533
surtax
-
-
-
-
social contributions
-
-
-
6 924
health
-
-
-
12 698
pensions
-
-
-
35 932
total
-
-
-
112 781
Employee
35 869
-
183 962
-
pensions
4 057
-
14 494
-
surtax
-
-
-
-
social contributions
1 023
-
5 242
-
income
1 849
-
43 145
-
total
6 929
-
62 881
-
Employer
35 869
-
183 962
-
health
2 510
-
19 037
-
pensions
5 894
-
24 096
-
unemployment
1 452
-
7 451
-
social contributions
107
-
552
-
other
1 238
-
7 901
-
total
11 201
-
59 037
-
Corporate
195 930
243 000
-
-
income
54 860
68 040
-
-
surtax
-
-
-
-
total
54 860
68 040
-
-
Dividends
141 070
174 960
-
-
surtax
-
-
-
-
social contributions
24 263
30 093
-
-
withholding
18 058
22 394
-
-
total
42 321
52 487
-
-
Income
243 000
243 000
243 000
243 000
Total tax
115 311
120 527
121 918
112 781
After tax
127 689
122 473
121 082
130 219
Living cost
28 940
28 940
28 940
28 940
Free-cash
98 749
93 533
92 142
101 279

Estimated living cost  is ₽28940 per week

₽16784
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2940
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽549
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8668
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽128344
₽69804
₽136146
₽128831
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
243 000
income
-
-
-
36 450
social contributions
-
-
-
33 533
health
-
-
-
16 962
total
-
-
-
86 945
Employee
31 834
-
243 000
-
social contributions
4 394
-
33 533
-
income
5 309
-
102 792
-
health
2 222
-
16 962
-
total
11 925
-
153 287
-
Employer
31 834
-
243 000
-
total
-
-
-
-
Corporate
211 166
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%.

10 558
12 149
-
-
total
10 558
12 149
-
-
Dividends
200 608
230 851
-
-
social contributions
27 684
31 857
-
-
withholding
30 091
34 627
-
-
health
14 002
16 114
-
-
total
71 777
82 598
-
-
Income
243 000
243 000
243 000
243 000
Total tax
94 260
94 747
153 287
86 945
After tax
148 740
148 253
89 713
156 055
Living cost
19 909
19 909
19 909
19 909
Free-cash
128 831
128 344
69 804
136 146

Estimated living cost  is ₽19909 per week

₽13324
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1228
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.
₽4898
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽100629
₽29806
₽90887
₽99174
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
83 433
surtax
-
-
-
185
unemployment
-
-
-
5 758
chamber of commerce
-
-
-
973
health
-
-
-
8 390
pensions
-
-
-
20 292
total
-
-
-
119 031
Employee
46 921
37 416
204 337
-
other
469
374
1 098
-
unemployment
1 408
1 122
3 291
-
pensions
4 805
3 831
11 232
-
income
5 342
2 760
71 391
-
health
1 816
1 449
4 244
-
total
13 840
9 536
91 256
-
Employer
46 921
37 416
204 337
-
chamber of commerce
187
150
818
-
health
1 773
1 415
4 146
-
pensions
5 889
4 697
13 765
-
accident
609
486
1 425
-
unemployment
1 408
1 122
3 291
-
surtax
185
185
185
-
payroll
1 408
1 122
6 131
-
other
2 229
1 776
8 901
-
total
13 688
10 953
38 662
-
Corporate
182 392
194 630
200 774
-
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.

45 597
48 658
50 194
-
total
45 597
48 658
50 194
-
Dividends
136 795
145 972
-
-
withholding
37 619
40 142
-
-
total
37 619
40 142
-
-
Income
243 000
243 000
243 000
243 000
Total tax
110 744
109 289
180 112
119 031
After tax
132 256
133 711
62 888
123 969
Living cost
33 082
33 082
33 082
33 082
Free-cash
99 174
100 629
29 806
90 887

Estimated living cost  is ₽33082 per week

₽22065
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2822
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽543
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7652
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97343
₽46994
₽71619
₽87428
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
243 000
communal

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

-
-
-
13 176
social contributions
-
-
-
23 408
national
-
-
-
100 564
total
-
-
-
137 148
Employee

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

67 159
-
188 209
-
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.

584
-
1 637
-
communal

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

3 503
-
9 817
-
pensions

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

5 037
-
14 116
-
national
20 647
-
72 574
-
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.

3 155
-
8 846
-
total
32 926
-
106 990
-
Employer

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

67 159
-
188 209
-
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.

4 130
-
11 574
-
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.

5 951
-
16 675
-
accident

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

873
-
2 446
-
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.

980
-
2 747
-
surtax
7 615
-
21 341
-
total
19 549
-
54 783
-
Corporate
156 293
243 000
-
-
income
31 258
54 434
-
-
surtax
625
1 089
-
-
total
31 883
55 523
-
-
Dividends
124 409
187 477
-
-
withholding

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

36 981
55 901
-
-
total
36 981
55 901
-
-
Income
243 000
243 000
243 000
243 000
Total tax
121 339
111 424
161 773
137 148
After tax
121 661
131 576
81 227
105 852
Living cost
34 233
34 233
34 233
34 233
Free-cash
87 428
97 343
46 994
71 619

Estimated living cost  is ₽34233 per week

₽22050
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2993
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.
₽8654
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽127131
₽97654
₽101595
₽120700
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
243 000
accident
-
-
-
784
income
-
-
-
81 391
other
-
-
-
87
unemployment
-
-
-
609
pensions
-
-
-
24 627
total
-
-
-
107 498
Employee
46 735
-
215 257
-
other
46
-
87
-
unemployment
725
-
1 349
-
pensions
2 197
-
4 091
-
income
9 861
-
78 168
-
total
12 829
-
83 695
-
Employer
46 735
-
215 257
-
pensions
11 029
-
20 538
-
accident
925
-
1 723
-
unemployment
2 571
-
4 786
-
other
372
-
697
-
total
14 897
-
27 744
-
Corporate
181 368
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.

27 205
36 450
-
-
total
27 205
36 450
-
-
Dividends
154 163
206 550
-
-
withholding
33 462
45 512
-
-
total
33 462
45 512
-
-
Income
243 000
243 000
243 000
243 000
Total tax
88 393
81 962
111 439
107 498
After tax
154 607
161 038
131 561
135 502
Living cost
33 907
33 907
33 907
33 907
Free-cash
120 700
127 131
97 654
101 595

Estimated living cost  is ₽33907 per week

₽24969
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2405
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6044
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83804
₽69998
₽63009
₽70892
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
243 000
communal
-
-
-
15 358
accident
-
-
-
1 873
income
-
-
-
50 466
surtax
-
-
-
12 381
health
-
-
-
15 604
pensions
-
-
-
33 286
total
-
-
-
128 968
Employee
71 101
-
217 062
-
pensions
5 687
-
17 364
-
surtax
4 358
-
13 302
-
income
6 868
-
55 715
-
health
3 164
-
9 660
-
total
20 077
-
96 041
-
Employer
71 101
-
217 062
-
health
2 168
-
6 621
-
pensions
5 687
-
17 364
-
accident
640
-
1 953
-
total
8 495
-
25 938
-
Corporate
163 404
243 000
-
-
communal
11 030
16 402
-
-
income
24 511
36 450
-
-
surtax
1 716
2 551
-
-
total
37 257
55 403
-
-
Dividends
126 147
187 596
-
-
income
36 334
24 630
-
-
withholding
18 922
28 140
-
-
total
55 256
52 770
-
-
Income
243 000
243 000
243 000
243 000
Total tax
121 085
108 173
121 979
128 968
After tax
121 915
134 827
121 021
114 032
Living cost
51 023
51 023
51 023
51 023
Free-cash
70 892
83 804
69 998
63 009

Estimated living cost  is ₽51023 per week

₽38274
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3091
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9115
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽131758
₽87139
₽92878
₽128773
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
243 000
income
-
-
-
80 788
other
-
-
-
-
surtax
-
-
-
14 075
unemployment
-
-
-
214
health
-
-
-
8 896
pensions
-
-
-
25 061
total
-
-
-
129 034
Employee
31 618
-
216 624
-
other
-
-
-
-
unemployment
2 200
-
8 721
-
pensions
2 110
-
8 358
-
surtax
112
-
12 951
-
income
5 301
-
75 173
-
health
807
-
3 195
-
total
10 530
-
108 398
-
Employer
31 618
-
216 624
-
health
1 438
-
5 701
-
pensions
4 216
-
16 703
-
unemployment
1 003
-
3 971
-
other
-
-
-
-
total
6 657
-
26 375
-
Corporate
204 725
243 000
-
-
income
53 228
63 181
-
-
total
53 228
63 181
-
-
Dividends
151 497
179 819
-
-
withholding
22 724
26 973
-
-
total
22 724
26 973
-
-
Income
243 000
243 000
243 000
243 000
Total tax
93 139
90 154
134 773
129 034
After tax
149 861
152 846
108 227
113 966
Living cost
21 088
21 088
21 088
21 088
Free-cash
128 773
131 758
87 139
92 878

Estimated living cost  is ₽21088 per week

₽12732
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1833
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6035
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽102436
₽85141
₽93057
₽100352
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
46 991
regional
-
-
-
3 979
municipal
-
-
-
1 568
national
-
-
-
72 114
total
-
-
-
124 652
Employee
52 081
-
243 000
-
municipal
276
-
1 450
-
national
8 251
-
65 830
-
regional
701
-
3 682
-
social contributions
17 562
-
61 606
-
total
26 790
-
132 568
-
Employer
52 081
-
243 000
-
total
-
-
-
-
Corporate
190 919
243 000
-
-
municipal
9 489
12 076
-
-
nationa
45 820
58 320
-
-
total
55 309
70 396
-
-
Dividends
135 610
172 603
-
-
withholding
35 258
44 877
-
-
total
35 258
44 877
-
-
Income
243 000
243 000
243 000
243 000
Total tax
117 357
115 273
132 568
124 652
After tax
125 643
127 727
110 432
118 348
Living cost
25 291
25 291
25 291
25 291
Free-cash
100 352
102 436
85 141
93 057

Estimated living cost  is ₽25291 per week

₽15729
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2562
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽433
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6567
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽138976
₽106739
₽117749
₽128868
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
243 000
income
-
-
-
26 567
social contributions
-
-
-
33 082
solidarity contribution
-
-
-
4 467
health
-
-
-
32 805
total
-
-
-
96 921
Employee
41 662
-
196 951
-
solidarity contribution
-
-
3 479
-
social contributions
2 708
-
7 364
-
income
4 999
-
24 450
-
health
5 624
-
26 588
-
total
13 331
-
61 881
-
Employer
41 662
-
196 951
-
health
3 750
-
17 726
-
social contributions
10 416
-
28 324
-
total
14 166
-
46 050
-
Corporate
187 173
243 000
-
-
income
35 563
46 170
-
-
total
35 563
46 170
-
-
Dividends
151 610
196 830
-
-
withholding
22 742
29 524
-
-
total
22 742
29 524
-
-
Income
243 000
243 000
243 000
243 000
Total tax
85 802
75 694
107 931
96 921
After tax
157 198
167 306
135 069
146 079
Living cost
28 330
28 330
28 330
28 330
Free-cash
128 868
138 976
106 739
117 749

Estimated living cost  is ₽28330 per week

₽21068
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1569
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5203
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽103856
₽32979
₽94200
₽103391
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
83 433
surtax
-
-
-
-
unemployment
-
-
-
5 758
chamber of commerce
-
-
-
973
health
-
-
-
8 390
pensions
-
-
-
20 292
total
-
-
-
118 846
Employee
41 041
37 416
204 510
-
other
410
374
1 098
-
unemployment
1 231
1 122
3 291
-
pensions
4 203
3 831
11 232
-
income
3 656
2 760
71 476
-
health
1 587
1 449
4 244
-
total
11 087
9 536
91 341
-
Employer
41 041
37 416
204 510
-
chamber of commerce
164
150
818
-
health
1 552
1 415
4 146
-
pensions
5 151
4 697
13 765
-
accident
533
486
1 425
-
unemployment
1 231
1 122
3 291
-
surtax
-
-
-
-
payroll
1 231
1 122
6 136
-
other
1 949
1 776
8 908
-
total
11 811
10 768
38 489
-
Corporate
190 148
194 816
200 947
-
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.

47 538
48 705
50 237
-
total
47 538
48 705
50 237
-
Dividends
142 610
146 111
-
-
withholding
39 219
40 181
-
-
total
39 219
40 181
-
-
Income
243 000
243 000
243 000
243 000
Total tax
109 655
109 190
180 067
118 846
After tax
133 345
133 810
62 933
124 154
Living cost
29 954
29 954
29 954
29 954
Free-cash
103 391
103 856
32 979
94 200

Estimated living cost  is ₽29954 per week

₽17968
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3059
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽535
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8392
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽219083
₽182633
₽228803
₽216876
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
14 709
-
243 000
-
income
2 942
-
48 600
-
total
2 942
-
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%.

228 291
243 000
-
-
total
-
-
-
-
Dividends
228 291
243 000
-
-
withholding
11 415
12 150
-
-
total
11 415
12 150
-
-
Income
243 000
243 000
243 000
243 000
Total tax
14 357
12 150
48 600
2 430
After tax
228 643
230 850
194 400
240 570
Living cost
11 767
11 767
11 767
11 767
Free-cash
216 876
219 083
182 633
228 803

Estimated living cost  is ₽11767 per week

₽7963
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽494
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽395
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2915
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽142123
₽79001
₽84278
₽134269
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

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

-
-
-
243 000
income
-
-
-
64 883
unemployment
-
-
-
365
health
-
-
-
23 912
pensions
-
-
-
44 379
total
-
-
-
133 539
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.

41 517
-
210 261
-
unemployment
59
-
294
-
pensions
6 435
-
32 591
-
income
7 160
-
59 608
-
health
2 681
-
13 584
-
total
16 335
-
106 077
-
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.

41 517
-
210 261
-
health
2 765
-
14 004
-
pensions
3 674
-
18 608
-
unemployment
25
-
127
-
total
6 464
-
32 739
-
Corporate
195 019
243 000
-
-
income
37 054
46 169
-
-
total
37 054
46 169
-
-
Dividends
157 965
196 831
-
-
withholding
23 695
29 525
-
-
total
23 695
29 525
-
-
Income
243 000
243 000
243 000
243 000
Total tax
83 548
75 694
138 816
133 539
After tax
159 452
167 306
104 184
109 461
Living cost
25 183
25 183
25 183
25 183
Free-cash
134 269
142 123
79 001
84 278

Estimated living cost  is ₽25183 per week

₽17282
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1614
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5799
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽107740
₽190673
₽127831
₽63533
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
243 000
income
-
-
-
47 366
social contributions
-
-
-
27 702
total
-
-
-
75 068
Employee
57 499
-
-
-
social contributions
4 715
-
672
-
income
12 683
-
-
-
total
17 398
-
672
-
Employer
57 499
-
-
-
social contributions
81 074
-
11 554
-
total
81 074
-
11 554
-
Corporate
104 426
243 000
-
-
income
22 974
53 460
-
-
total
22 974
53 460
-
-
Dividends
81 452
189 540
-
-
income
17 920
41 699
-
-
total
17 920
41 699
-
-
Income
243 000
243 000
243 000
243 000
Total tax
139 366
95 159
12 226
75 068
After tax
103 634
147 841
230 774
167 932
Living cost
40 101
40 101
40 101
40 101
Free-cash
63 533
107 740
190 673
127 831

Estimated living cost  is ₽40101 per week

₽26019
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3772
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9799
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽108768
₽75546
₽95707
₽107823
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
243 000
income
-
-
-
33 401
surtax
-
-
-
-
social contributions

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

-
-
-
84 442
total
-
-
-
117 843
Employee
43 181
-
196 364
-
surtax
-
-
805
-
social contributions
4 750
-
21 600
-
income
8 982
-
68 963
-
total
13 732
-
91 368
-
Employer
43 181
-
196 364
-
social contributions
10 255
-
46 636
-
total
10 255
-
46 636
-
Corporate
189 563
243 000
-
-
income
39 809
51 030
-
-
surtax
-
-
-
-
total
39 809
51 030
-
-
Dividends
149 755
191 970
-
-
withholding
41 931
53 752
-
-
total
41 931
53 752
-
-
Income
243 000
243 000
243 000
243 000
Total tax
105 727
104 782
138 004
117 843
After tax
137 273
138 218
104 996
125 157
Living cost
29 450
29 450
29 450
29 450
Free-cash
107 823
108 768
75 546
95 707

Estimated living cost  is ₽29450 per week

₽22034
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1737
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5187
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77126
₽75735
₽84872
₽83579
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
49 694
other
-
-
-
7 533
surtax
-
-
-
-
social contributions
-
-
-
6 924
health
-
-
-
12 698
pensions
-
-
-
35 932
total
-
-
-
112 781
Employee
58 804
-
183 962
-
pensions
6 651
-
14 494
-
surtax
-
-
-
-
social contributions
1 675
-
5 242
-
income
5 131
-
43 145
-
total
13 457
-
62 881
-
Employer
58 804
-
183 962
-
health
4 116
-
19 037
-
pensions
9 662
-
24 096
-
unemployment
2 382
-
7 451
-
social contributions
176
-
552
-
other
2 029
-
7 901
-
total
18 365
-
59 037
-
Corporate
165 830
243 000
-
-
income
46 433
68 040
-
-
surtax
-
-
-
-
total
46 433
68 040
-
-
Dividends
119 398
174 960
-
-
surtax
-
-
-
-
social contributions
20 536
30 093
-
-
withholding
15 283
22 394
-
-
total
35 819
52 487
-
-
Income
243 000
243 000
243 000
243 000
Total tax
114 074
120 527
121 918
112 781
After tax
128 926
122 473
121 082
130 219
Living cost
45 347
45 347
45 347
45 347
Free-cash
83 579
77 126
75 735
84 872

Estimated living cost  is ₽45347 per week

₽30690
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3709
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽622
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10325
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽190477
₽154522
₽148066
₽187323
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
13 252
social contributions
-
-
-
53 460
total
-
-
-
66 712
Employee
30 184
-
210 390
-
income
-
-
13 970
-
social contributions
1 962
-
13 676
-
total
1 962
-
27 646
-
Employer
30 184
-
210 390
-
social contributions
4 679
-
32 610
-
total
4 679
-
32 610
-
Corporate
208 137
243 000
-
-
income
20 814
24 301
-
-
total
20 814
24 301
-
-
Dividends
187 323
218 699
-
-
total
-
-
-
-
Income
243 000
243 000
243 000
243 000
Total tax
27 455
24 301
60 256
66 712
After tax
215 545
218 699
182 744
176 288
Living cost
28 222
28 222
28 222
28 222
Free-cash
187 323
190 477
154 522
148 066

Estimated living cost  is ₽28222 per week

₽18248
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2127
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7316
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38442
₽38442
₽93615
₽19324
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
243 000
labour market
-
-
-
19 375
municipal
-
-
-
52 923
national
-
-
-
31 057
pensions
-
-
-
814
total
-
-
-
104 169
Employee
190 844
190 844
190 844
-
municipal
40 639
40 639
40 639
-
labour market
15 246
15 246
15 246
-
pensions
271
271
271
-
national
23 315
23 315
23 315
-
total
79 471
79 471
79 471
-
Employer
190 844
190 844
190 844
-
national
23 356
23 356
23 356
-
labour market
15 268
15 268
15 268
-
pensions
543
543
543
-
municipal
40 704
40 704
40 704
-
total
79 871
79 871
79 871
-
Corporate
38 443
-
-
-
income
8 458
-
-
-
total
8 458
-
-
-
Dividends
29 986
-
-
-
withholding
10 660
-
-
-
total
10 660
-
-
-
Income
243 000
243 000
243 000
243 000
Total tax
178 460
159 342
159 342
104 169
After tax
64 540
83 658
83 658
138 831
Living cost
45 216
45 216
45 216
45 216
Free-cash
19 324
38 442
38 442
93 615

Estimated living cost  is ₽45216 per week

₽30946
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4000
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽695
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9574
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽939
₽114020
₽145221
₽16520
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
243 000
accident
-
-
-
240
income
-
-
-
70 530
other
-
-
-
353
health
-
-
-
2 075
pensions
-
-
-
3 959
total
-
-
-
77 157
Employee
32 441
-
223 317
-
pensions
3 653
-
7 259
-
income
4 450
-
55 847
-
health
3 715
-
25 570
-
total
11 818
-
88 676
-
Employer
32 441
-
223 317
-
pensions
5 275
-
10 482
-
accident
542
-
3 729
-
unemployment
795
-
5 471
-
total
6 612
-
19 682
-
Corporate
203 948
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.

183 553
218 700
-
-
total
183 553
218 700
-
-
Dividends
20 395
24 300
-
-
withholding
3 875
4 617
-
-
total
3 875
4 617
-
-
Income
243 000
243 000
243 000
243 000
Total tax
205 858
223 317
108 358
77 157
After tax
37 142
19 683
134 642
165 843
Living cost
20 622
20 622
20 622
20 622
Free-cash
16 520
-939
114 020
145 221

Estimated living cost  is ₽20622 per week

₽15011
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1176
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽387
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4049
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

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
₽110381
₽81575
₽109408
₽114300
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
243 000
health
-
-
-
3 350
municipal
-
-
-
43 137
national
-
-
-
51 059
total
-
-
-
97 546
Employee
49 396
-
204 424
-
municipal
8 091
-
33 264
-
unemployment
741
-
3 066
-
pensions
3 334
-
13 799
-
national
816
-
33 919
-
health
369
-
2 756
-
total
13 351
-
86 804
-
Employer
49 396
-
204 424
-
health
380
-
1 573
-
pensions
8 570
-
35 468
-
accident
50
-
205
-
unemployment
321
-
1 329
-
total
9 321
-
38 575
-
Corporate
184 284
243 000
-
-
income
36 856
48 599
-
-
total
36 856
48 599
-
-
Dividends

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

110 571
145 800
-
-
municipal
19 903
26 244
-
-
national
13 223
21 730
-
-
total
33 126
47 974
-
-
Income
243 000
243 000
243 000
243 000
Total tax
92 654
96 573
125 379
97 546
After tax
150 346
146 427
117 621
145 454
Living cost
36 046
36 046
36 046
36 046
Free-cash
114 300
110 381
81 575
109 408

Estimated living cost  is ₽36046 per week

₽23545
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3467
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8461
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽155280
₽138537
₽140465
₽150170
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
243 000
income
-
-
-
59 409
social contributions
-
-
-
15 191
health
-
-
-
6 197
total
-
-
-
80 797
Employee
72 195
72 195
230 651
-
social contributions
2 730
5 992
8 082
-
income
7 861
6 683
58 372
-
health
559
1 228
3 922
-
total
11 150
13 903
70 376
-
Employer
72 195
72 195
230 651
-
health
608
1 336
4 267
-
social contributions
2 730
5 992
8 082
-
total
3 338
7 328
12 349
-
Corporate
206 775
163 477
-
-
income
25 847
20 434
-
-
total
25 847
20 434
-
-
Dividends
180 928
143 042
-
-
withholding
30 757
24 317
-
-
total
30 757
24 317
-
-
Income
243 000
243 000
243 000
243 000
Total tax
71 092
65 982
82 725
80 797
After tax
171 908
177 018
160 275
162 203
Living cost
21 738
21 738
21 738
21 738
Free-cash
150 170
155 280
138 537
140 465

Estimated living cost  is ₽21738 per week

₽13028
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2133
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6097
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽186321
₽174499
₽193332
₽181546
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
243 000
income
-
-
-
25 364
unemployment
-
-
-
27
health
-
-
-
3 398
pensions
-
-
-
5 972
total
-
-
-
34 761
Employee

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

21 550
-
233 824
-
unemployment
107
-
445
-
pensions
3 232
-
13 363
-
income
1 473
-
23 038
-
health
1 832
-
7 572
-
total
6 644
-
44 418
-
Employer

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

21 550
-
233 824
-
health
926
-
3 831
-
pensions
1 185
-
4 900
-
unemployment
107
-
445
-
total
2 218
-
9 176
-
Corporate
219 231
243 000
-
-
income
19 731
21 870
-
-
total
19 731
21 870
-
-
Dividends
199 501
221 130
-
-
withholding
17 954
19 902
-
-
total
17 954
19 902
-
-
Income
243 000
243 000
243 000
243 000
Total tax
46 547
41 772
53 594
34 761
After tax
196 453
201 228
189 406
208 239
Living cost
14 907
14 907
14 907
14 907
Free-cash
181 546
186 321
174 499
193 332

Estimated living cost  is ₽14907 per week

₽9511
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1074
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽444
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3877
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽135220
₽105743
₽109684
₽131075
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
243 000
accident
-
-
-
784
income
-
-
-
81 391
other
-
-
-
87
unemployment
-
-
-
609
pensions
-
-
-
24 627
total
-
-
-
107 498
Employee
34 716
-
215 257
-
other
34
-
87
-
unemployment
538
-
1 349
-
pensions
1 632
-
4 091
-
income
6 693
-
78 168
-
total
8 897
-
83 695
-
Employer
34 716
-
215 257
-
pensions
8 192
-
20 538
-
accident
688
-
1 723
-
unemployment
1 910
-
4 786
-
other
278
-
697
-
total
11 068
-
27 744
-
Corporate
197 216
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.

29 582
36 450
-
-
total
29 582
36 450
-
-
Dividends
167 635
206 550
-
-
withholding
36 560
45 512
-
-
total
36 560
45 512
-
-
Income
243 000
243 000
243 000
243 000
Total tax
86 107
81 962
111 439
107 498
After tax
156 893
161 038
131 561
135 502
Living cost
25 818
25 818
25 818
25 818
Free-cash
131 075
135 220
105 743
109 684

Estimated living cost  is ₽25818 per week

₽17427
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2482
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.
₽5457
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽149735
₽154805
₽154939
₽149423
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
83 777
health
-
-
-
1 003
pensions
-
-
-
1 384
total
-
-
-
86 164
Employee
2 889
-
241 443
-
unemployment
29
-
69
-
pensions
260
-
623
-
income
559
-
83 704
-
health
144
-
346
-
total
992
-
84 742
-
Employer
2 889
-
241 443
-
health
275
-
657
-
pensions
318
-
761
-
unemployment
58
-
138
-
total
651
-
1 556
-
Corporate
239 460
243 000
-
-
income
52 681
53 460
-
-
total
52 681
53 460
-
-
Dividends
186 779
189 540
-
-
withholding
37 356
37 908
-
-
total
37 356
37 908
-
-
Income
243 000
243 000
243 000
243 000
Total tax
91 680
91 368
86 298
86 164
After tax
151 320
151 632
156 702
156 836
Living cost
1 897
1 897
1 897
1 897
Free-cash
149 423
149 735
154 805
154 939

Estimated living cost  is ₽1897 per week

₽1127
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽43
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽572
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽159323
₽143687
₽143688
₽154698
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
243 000
income
-
-
-
56 826
unemployment
-
-
-
1 041
health
-
-
-
7 150
pensions
-
-
-
18 050
total
-
-
-
83 067
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.

24 497
-
230 574
-
unemployment
184
-
521
-
pensions
3 430
-
9 719
-
income
3 377
-
56 826
-
health
1 262
-
3 575
-
total
8 253
-
70 641
-
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.

24 497
-
230 574
-
health
1 262
-
3 575
-
pensions
2 940
-
8 331
-
unemployment
184
-
521
-
total
4 386
-
12 427
-
Corporate
214 118
243 000
-
-
income
32 118
36 450
-
-
total
32 118
36 450
-
-
Dividends
182 001
206 550
-
-
withholding
27 300
30 982
-
-
total
27 300
30 982
-
-
Income
243 000
243 000
243 000
243 000
Total tax
72 057
67 432
83 068
83 067
After tax
170 943
175 568
159 932
159 933
Living cost
16 245
16 245
16 245
16 245
Free-cash
154 698
159 323
143 687
143 688

Estimated living cost  is ₽16245 per week

₽10938
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1257
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.
₽3581
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽112906
₽79684
₽99845
₽112569
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
243 000
income
-
-
-
33 401
surtax
-
-
-
-
social contributions

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

-
-
-
84 442
total
-
-
-
117 843
Employee
36 440
-
196 364
-
surtax
-
-
805
-
social contributions
4 009
-
21 600
-
income
7 120
-
68 963
-
total
11 129
-
91 368
-
Employer
36 440
-
196 364
-
social contributions
8 654
-
46 636
-
total
8 654
-
46 636
-
Corporate
197 906
243 000
-
-
income
41 560
51 030
-
-
surtax
-
-
-
-
total
41 560
51 030
-
-
Dividends
156 346
191 970
-
-
withholding
43 776
53 752
-
-
total
43 776
53 752
-
-
Income
243 000
243 000
243 000
243 000
Total tax
105 119
104 782
138 004
117 843
After tax
137 881
138 218
104 996
125 157
Living cost
25 312
25 312
25 312
25 312
Free-cash
112 569
112 906
79 684
99 845

Estimated living cost  is ₽25312 per week

₽17927
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1759
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5178
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽128042
₽98565
₽102506
₽121900
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
243 000
accident
-
-
-
784
income
-
-
-
81 391
other
-
-
-
87
unemployment
-
-
-
609
pensions
-
-
-
24 627
total
-
-
-
107 498
Employee
45 344
-
215 257
-
other
45
-
87
-
unemployment
702
-
1 349
-
pensions
2 131
-
4 091
-
income
9 471
-
78 168
-
total
12 349
-
83 695
-
Employer
45 344
-
215 257
-
pensions
10 701
-
20 538
-
accident
898
-
1 723
-
unemployment
2 494
-
4 786
-
other
363
-
697
-
total
14 456
-
27 744
-
Corporate
183 200
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.

27 479
36 450
-
-
total
27 479
36 450
-
-
Dividends
155 721
206 550
-
-
withholding
33 820
45 512
-
-
total
33 820
45 512
-
-
Income
243 000
243 000
243 000
243 000
Total tax
88 104
81 962
111 439
107 498
After tax
154 896
161 038
131 561
135 502
Living cost
32 996
32 996
32 996
32 996
Free-cash
121 900
128 042
98 565
102 506

Estimated living cost  is ₽32996 per week

₽23697
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2566
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.
₽6270
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽191614
₽192007
₽181642
₽185891
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
243 000
income
-
-
-
36 450
unemployment
-
-
-
131
health
-
-
-
3 772
pensions

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

-
-
-
4 854
total
-
-
-
45 207
Employee
21 387
-
236 566
-
accident

We are using the highest rate at 1.1%.

235
-
361
-
pensions

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

1 878
-
2 880
-
income
2 139
-
23 657
-
health
984
-
1 509
-
total
5 236
-
28 407
-
Employer
21 387
-
236 566
-
health
1 476
-
2 263
-
pensions

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

2 357
-
3 614
-
accident

We are using the highest rate at 1.1%.

235
-
361
-
unemployment
128
-
197
-
total
4 196
-
6 435
-
Corporate
217 417
243 000
-
-
income
21 742
24 300
-
-
total
21 742
24 300
-
-
Dividends
195 675
218 700
-
-
withholding
9 784
10 935
-
-
total
9 784
10 935
-
-
Income
243 000
243 000
243 000
243 000
Total tax
40 958
35 235
34 842
45 207
After tax
202 042
207 765
208 158
197 793
Living cost
16 151
16 151
16 151
16 151
Free-cash
185 891
191 614
192 007
181 642

Estimated living cost  is ₽16151 per week

₽10682
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽925
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽385
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4160
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88684
₽112014
₽83407
₽100967
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
243 000
income

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

-
-
-
83 720
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.

-
-
-
4 604
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.

-
-
-
6 414
trade
-
-
-
28 607
total
-
-
-
123 345
Employee

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

46 715
-
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.

212
-
4 604
-
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.

3 841
-
83 720
-
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.

6 414
-
6 414
-
total
10 467
-
94 738
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
196 285
243 000
-
-
income
29 443
36 450
-
-
surtax

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

1 620
2 004
-
-
chamber of commerce
431
499
-
-
trade
28 167
34 870
-
-
total
59 661
73 823
-
-
Dividends
136 625
169 177
-
-
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.

1 858
2 307
-
-
withholding
33 799
41 938
-
-
total
35 657
44 245
-
-
Income
243 000
243 000
243 000
243 000
Total tax
105 785
118 068
94 738
123 345
After tax
137 215
124 932
148 262
119 655
Living cost
36 248
36 248
36 248
36 248
Free-cash
100 967
88 684
112 014
83 407

Estimated living cost  is ₽36248 per week

₽25004
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3900
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽526
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6817
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽116617
₽65496
₽65496
₽118691
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
243 000
income
-
-
-
81 682
social contributions
-
-
-
42 339
total
-
-
-
124 021
Employee
73 441
-
243 000
-
income
13 858
-
81 682
-
social contributions
6 101
-
42 339
-
total
19 959
-
124 021
-
Employer
73 441
-
243 000
-
total
-
-
-
-
Corporate
169 559
243 000
-
-
income
21 195
30 374
-
-
total
21 195
30 374
-
-
Dividends
148 364
212 626
-
-
withholding
29 672
42 526
-
-
total
29 672
42 526
-
-
Income
243 000
243 000
243 000
243 000
Total tax
70 826
72 900
124 021
124 021
After tax
172 174
170 100
118 979
118 979
Living cost
53 483
53 483
53 483
53 483
Free-cash
118 691
116 617
65 496
65 496

Estimated living cost  is ₽53483 per week

₽40689
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4358
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7925
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽118909
₽133958
₽166788
₽122190
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

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

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

-
-
-
5 680
total
-
-
-
42 130
Employee
43 070
-
238 681
-
income
4 673
-
66 322
-
social contributions
4 315
-
4 319
-
total
8 988
-
70 641
-
Employer
43 070
-
238 681
-
social contributions
4 315
-
4 319
-
total
4 315
-
4 319
-
Corporate
195 615
243 000
-
-
income
68 465
85 049
-
-
total
68 465
85 049
-
-
Dividends
127 149
157 951
-
-
social contributions
4 960
4 960
-
-
total
4 960
4 960
-
-
Income
243 000
243 000
243 000
243 000
Total tax
86 728
90 009
74 960
42 130
After tax
156 272
152 991
168 040
200 870
Living cost
34 082
34 082
34 082
34 082
Free-cash
122 190
118 909
133 958
166 788

Estimated living cost  is ₽34082 per week

₽22449
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2687
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽8422
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽115766
₽98794
₽120361
₽121342
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
77 635
pensions
-
-
-
10 016
total
-
-
-
87 651
Employee
48 026
-
211 562
-
pensions
3 666
-
11 756
-
income
8 746
-
63 256
-
health
626
-
2 768
-
total
13 038
-
77 780
-
Employer
48 026
-
211 562
-
health
913
-
4 020
-
pensions
4 852
-
27 418
-
total
5 765
-
31 438
-
Corporate
189 209
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.

35 950
46 169
-
-
total
35 950
46 169
-
-
Dividends
153 259
196 831
-
-
withholding
31 917
46 077
-
-
total
31 917
46 077
-
-
Income
243 000
243 000
243 000
243 000
Total tax
86 670
92 246
109 218
87 651
After tax
156 330
150 754
133 782
155 349
Living cost
34 988
34 988
34 988
34 988
Free-cash
121 342
115 766
98 794
120 361

Estimated living cost  is ₽34988 per week

₽24001
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3217
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.
₽7329
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽2981
₽111978
₽143179
₽16208
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
243 000
accident
-
-
-
240
income
-
-
-
70 530
other
-
-
-
353
health
-
-
-
2 075
pensions
-
-
-
3 959
total
-
-
-
77 157
Employee
35 652
-
223 317
-
pensions
4 014
-
7 259
-
income
4 891
-
55 847
-
health
4 082
-
25 570
-
total
12 987
-
88 676
-
Employer
35 652
-
223 317
-
pensions
5 797
-
10 482
-
accident
595
-
3 729
-
unemployment
873
-
5 471
-
total
7 265
-
19 682
-
Corporate
200 083
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.

180 075
218 700
-
-
total
180 075
218 700
-
-
Dividends
20 008
24 300
-
-
withholding
3 801
4 617
-
-
total
3 801
4 617
-
-
Income
243 000
243 000
243 000
243 000
Total tax
204 128
223 317
108 358
77 157
After tax
38 872
19 683
134 642
165 843
Living cost
22 664
22 664
22 664
22 664
Free-cash
16 208
-2 981
111 978
143 179

Estimated living cost  is ₽22664 per week

₽16633
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1321
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4254
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽173208
₽168421
₽147770
₽170366
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
243 000
income
-
-
-
41 238
unemployment
-
-
-
1 802
work injury
-
-
-
751
health insurance
-
-
-
11 115
pensions
-
-
-
27 637
total
-
-
-
82 543
Employee

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

20 298
-
243 000
-
health insurance
1 502
-
5 558
-
unemployment
244
-
901
-
work injury
101
-
376
-
pensions
3 735
-
13 819
-
income
2 030
-
41 238
-
total
7 612
-
61 892
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
222 702
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%.

22 270
24 300
-
-
total
22 270
24 300
-
-
Dividends
200 431
218 700
-
-
withholding
30 065
32 805
-
-
total
30 065
32 805
-
-
Income
243 000
243 000
243 000
243 000
Total tax
59 947
57 105
61 892
82 543
After tax
183 053
185 895
181 108
160 457
Living cost
12 687
12 687
12 687
12 687
Free-cash
170 366
173 208
168 421
147 770

Estimated living cost  is ₽12687 per week

₽7860
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽922
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽396
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3509
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90592
₽70802
₽78514
₽86321
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
46 991
regional
-
-
-
6 214
municipal
-
-
-
1 764
national
-
-
-
72 114
total
-
-
-
127 083
Employee
79 116
-
243 000
-
municipal
472
-
1 632
-
national
13 370
-
65 830
-
regional
1 194
-
5 727
-
social contributions
26 677
-
61 606
-
total
41 713
-
134 795
-
Employer
79 116
-
243 000
-
total
-
-
-
-
Corporate
163 884
243 000
-
-
municipal
7 900
11 713
-
-
nationa
39 333
58 320
-
-
total
47 233
70 033
-
-
Dividends
116 651
172 967
-
-
withholding
30 330
44 972
-
-
total
30 330
44 972
-
-
Income
243 000
243 000
243 000
243 000
Total tax
119 276
115 005
134 795
127 083
After tax
123 724
127 995
108 205
115 917
Living cost
37 403
37 403
37 403
37 403
Free-cash
86 321
90 592
70 802
78 514

Estimated living cost  is ₽37403 per week

₽26273
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2573
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7991
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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