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
₽87865
₽118815
₽103226
₽92164
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
243 000
trade
-
-
-
30 950
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.

-
-
-
6 831
income

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

-
-
-
82 529
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.

-
-
-
4 539
total
-
-
-
124 849
Employee

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

38 244
-
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.

59
-
4 539
-
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.

1 068
-
82 529
-
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.

6 831
-
6 831
-
total
7 958
-
93 899
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
204 756
243 000
-
-
trade
32 249
38 272
-
-
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.

1 689
2 006
-
-
income
30 713
36 450
-
-
chamber of commerce
446
501
-
-
total
65 097
77 229
-
-
Dividends
139 660
165 771
-
-
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.

1 899
2 258
-
-
withholding
34 534
41 063
-
-
total
36 433
43 321
-
-
Income
243 000
243 000
243 000
243 000
Total tax
109 488
120 550
93 899
124 849
After tax
133 512
122 450
149 101
118 151
Living cost
30 286
30 286
30 286
30 286
Free-cash
103 226
92 164
118 815
87 865

Estimated living cost  is ₽30286 per week

₽19051
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3531
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.
₽7138
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86598
₽87902
₽100350
₽101190
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
27 100
national
-
-
-
47 088
pensions
-
-
-
29 160
total
-
-
-
105 960
Employee
78 195
-
210 071
-
pensions
3 128
-
8 403
-
national
14 966
-
49 148
-
municipal
9 658
-
28 041
-
total
27 752
-
85 592
-
Employer
78 195
-
210 071
-
pensions
6 256
-
16 806
-
social contributions
841
-
2 258
-
total
7 097
-
19 064
-
Corporate
152 548
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%.

30 510
48 600
-
-
total
30 510
48 600
-
-
Dividends
122 039
194 400
-
-
withholding
26 849
42 768
-
-
total
26 849
42 768
-
-
Income
243 000
243 000
243 000
243 000
Total tax
92 208
91 368
104 656
105 960
After tax
150 792
151 632
138 344
137 040
Living cost
50 442
50 442
50 442
50 442
Free-cash
100 350
101 190
87 902
86 598

Estimated living cost  is ₽50442 per week

₽34285
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4689
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽755
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10713
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68797
₽85798
₽165395
₽173598
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
243 000
social contributions

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

-
-
-
38 310
income
-
-
-
53 125
microenterprise
-
-
-
-
surtax
-
-
-
61 966
total
-
-
-
153 401
Employee
29 217
-
193 057
-
income
5 201
-
45 355
-
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.

3 214
-
13 108
-
surtax
-
-
27 993
-
total
8 415
-
86 456
-
Employer
29 217
-
193 057
-
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.

7 038
-
28 707
-
surtax
-
-
21 237
-
total
7 038
-
49 944
-
Corporate
206 745
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%.

41 350
48 600
-
-
total
41 350
48 600
-
-
Dividends

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

165 395
194 400
-
-
total
-
-
-
-
Income
243 000
243 000
243 000
243 000
Total tax
56 803
48 600
136 400
153 401
After tax
186 197
194 400
106 600
89 599
Living cost
20 802
20 802
20 802
20 802
Free-cash
165 395
173 598
85 798
68 797

Estimated living cost  is ₽20802 per week

₽13271
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1981
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5078
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87616
₽113490
₽73294
₽79419
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
12 330
income
-
-
-
89 452
pensions
-
-
-
11 715
total
-
-
-
113 497
Employee
85 386
85 386
224 418
-
income

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

13 976
13 976
44 996
-
pensions
15 370
11 715
11 715
-
health
13 106
11 148
12 330
-
total
42 452
36 839
69 041
-
Employer
85 386
85 386
224 418
-
pensions
5 943
5 943
7 387
-
health
5 935
5 935
7 375
-
unemployment
3 074
3 074
3 820
-
total
14 952
14 952
18 582
-
Corporate
143 709
142 662
-
-
income
28 741
28 532
-
-
total
28 741
28 532
-
-
Dividends
114 968
114 129
-
-
withholding
17 244
17 119
-
-
income
24 430
24 252
-
-
total
41 674
41 371
-
-
Income
243 000
243 000
243 000
243 000
Total tax
127 819
121 694
87 623
113 497
After tax
115 181
121 306
155 377
129 503
Living cost
41 887
41 887
41 887
41 887
Free-cash
73 294
79 419
113 490
87 616

Estimated living cost  is ₽41887 per week

₽29684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3776
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽666
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7761
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81811
₽80879
₽93368
₽94230
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 792
unemployment
-
-
-
84
accident
-
-
-
168
municipal
-
-
-
65 183
health
-
-
-
5 258
national
-
-
-
33 147
pensions
-
-
-
9 109
total
-
-
-
122 741
Employee
54 785
-
216 524
-
national
-
-
32 630
-
municipal
16 337
-
64 567
-
total
16 337
-
97 197
-
Employer
54 785
-
216 524
-
pensions
5 922
-
9 109
-
other
6 366
-
9 792
-
accident
110
-
168
-
health
3 369
-
5 182
-
unemployment
1 446
-
2 225
-
total
17 213
-
26 476
-
Corporate
171 002
243 000
-
-
income
37 620
53 460
-
-
total
37 620
53 460
-
-
Dividends
133 381
189 540
-
-
withholding
40 014
56 862
-
-
total
40 014
56 862
-
-
Income
243 000
243 000
243 000
243 000
Total tax
111 184
110 322
123 673
122 741
After tax
131 816
132 678
119 327
120 259
Living cost
38 448
38 448
38 448
38 448
Free-cash
93 368
94 230
80 879
81 811

Estimated living cost  is ₽38448 per week

₽25482
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3773
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8610
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77496
₽109821
₽95969
₽81920
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
243 000
trade
-
-
-
32 325
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.

-
-
-
6 831
income

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

-
-
-
82 529
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.

-
-
-
4 539
total
-
-
-
126 224
Employee

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

50 706
-
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.

239
-
4 539
-
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.

4 357
-
82 529
-
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.

6 831
-
6 831
-
total
11 427
-
93 899
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
192 294
243 000
-
-
trade
31 633
39 974
-
-
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.

1 586
2 006
-
-
income
28 844
36 450
-
-
chamber of commerce
425
497
-
-
total
62 488
78 927
-
-
Dividends
129 806
164 073
-
-
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.

1 765
2 235
-
-
withholding
32 071
40 638
-
-
total
33 836
42 873
-
-
Income
243 000
243 000
243 000
243 000
Total tax
107 751
121 800
93 899
126 224
After tax
135 249
121 200
149 101
116 776
Living cost
39 280
39 280
39 280
39 280
Free-cash
95 969
81 920
109 821
77 496

Estimated living cost  is ₽39280 per week

₽26271
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4142
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽586
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8281
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽130310
₽128355
₽140476
₽144623
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 178
health
-
-
-
6 197
income
-
-
-
57 884
total
-
-
-
80 259
Employee
76 887
76 887
230 135
-
income
8 074
7 117
56 829
-
social contributions
3 736
6 381
8 607
-
health
765
1 307
3 913
-
total
12 575
14 805
69 349
-
Employer
76 887
76 887
230 135
-
health
833
1 423
4 258
-
social contributions
3 736
6 381
8 607
-
total
4 569
7 804
12 865
-
Corporate
193 425
158 309
-
-
income
24 178
19 789
-
-
total
24 178
19 789
-
-
Dividends
169 247
138 520
-
-
withholding
28 771
23 548
-
-
total
28 771
23 548
-
-
Income
243 000
243 000
243 000
243 000
Total tax
70 093
65 946
82 214
80 259
After tax
172 907
177 054
160 786
162 741
Living cost
32 431
32 431
32 431
32 431
Free-cash
140 476
144 623
128 355
130 310

Estimated living cost  is ₽32431 per week

₽22170
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2533
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7184
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Limassol model

Close
Budapest , Hungary
₽150102
₽122633
₽118509
₽118130
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

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

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

The minimum wage is 138,000 HUF per month.

26 323
10 476
203 347
-
income
3 218
1 281
24 859
-
pensions
2 632
1 048
20 335
-
unemployment
395
157
3 050
-
health
1 843
733
14 234
-
total
8 088
3 219
62 478
-
Employer

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

The minimum wage is 138,000 HUF per month.

26 323
10 476
203 347
-
pensions
5 133
2 043
39 653
-
total
5 133
2 043
39 653
-
Corporate
211 544
230 481
-
-
income
19 039
20 743
-
-
total
19 039
20 743
-
-
Dividends
192 505
209 738
-
-
social contributions
37 419
40 779
-
-
withholding
36 576
39 850
-
-
total
73 995
80 629
-
-
Income
243 000
243 000
243 000
243 000
Total tax
106 255
106 634
102 131
74 662
After tax
136 745
136 366
140 869
168 338
Living cost
18 236
18 236
18 236
18 236
Free-cash
118 509
118 130
122 633
150 102

Estimated living cost  is ₽18236 per week

₽12444
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1492
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽364
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3935
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽106097
₽115910
₽164038
₽170249
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
31 589
income
-
-
-
32 563
pensions
-
-
-
48 600
total
-
-
-
112 752
Employee
28 365
-
181 613
-
income
3 193
-
35 016
-
pensions
567
-
3 632
-
unemployment
453
-
2 905
-
total
4 213
-
41 553
-
Employer
28 365
-
181 613
-
pensions
5 673
-
36 323
-
health
3 687
-
23 610
-
unemployment
228
-
1 453
-
total
9 588
-
61 386
-
Corporate
205 047
243 000
-
-
income
41 010
48 600
-
-
total
41 010
48 600
-
-
Dividends
164 037
194 400
-
-
total
-
-
-
-
Income
243 000
243 000
243 000
243 000
Total tax
54 811
48 600
102 939
112 752
After tax
188 189
194 400
140 061
130 248
Living cost
24 151
24 151
24 151
24 151
Free-cash
164 038
170 249
115 910
106 097

Estimated living cost  is ₽24151 per week

₽16565
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1438
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5662
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽143958
₽112452
₽16322
-₽2231
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
369
accident
-
-
-
252
health
-
-
-
2 172
income
-
-
-
70 190
pensions
-
-
-
4 145
total
-
-
-
77 128
Employee
34 472
-
222 845
-
income
4 729
-
55 364
-
pensions
3 882
-
7 599
-
health
3 947
-
25 516
-
total
12 558
-
88 479
-
Employer
34 472
-
222 845
-
pensions
5 605
-
10 974
-
accident
575
-
3 721
-
unemployment
845
-
5 460
-
total
7 025
-
20 155
-
Corporate
201 503
243 000
-
-
income

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

181 353
218 700
-
-
total
181 353
218 700
-
-
Dividends
20 151
24 300
-
-
withholding
3 828
4 617
-
-
total
3 828
4 617
-
-
Income
243 000
243 000
243 000
243 000
Total tax
204 764
223 317
108 634
77 128
After tax
38 236
19 683
134 366
165 872
Living cost
21 914
21 914
21 914
21 914
Free-cash
16 322
-2 231
112 452
143 958

Estimated living cost  is ₽21914 per week

₽16061
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1214
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.
₽4182
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽231559
₽185389
₽220150
₽221839
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
11 263
-
243 000
-
income
2 252
-
48 600
-
total
2 252
-
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%.

231 737
243 000
-
-
total
-
-
-
-
Dividends
231 737
243 000
-
-
withholding
11 587
12 150
-
-
total
11 587
12 150
-
-
Income
243 000
243 000
243 000
243 000
Total tax
13 839
12 150
48 600
2 430
After tax
229 161
230 850
194 400
240 570
Living cost
9 011
9 011
9 011
9 011
Free-cash
220 150
221 839
185 389
231 559

Estimated living cost  is ₽9011 per week

₽5584
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽749
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽248
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2430
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽122036
₽120070
₽145138
₽151888
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
243 000
other
-
-
-
7 222
health
-
-
-
6 690
income
-
-
-
43 917
pensions

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

-
-
-
36 492
total
-
-
-
94 321
Employee
36 305
-
204 267
-
income
6 250
-
43 262
-
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.

2 541
-
10 643
-
unemployment
362
-
1 520
-
health
509
-
2 129
-
total
9 662
-
57 554
-
Employer
36 305
-
204 267
-
pensions

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

6 172
-
25 849
-
other
1 816
-
7 601
-
accident
290
-
1 634
-
health
509
-
2 129
-
unemployment
362
-
1 520
-
total
9 149
-
38 733
-
Corporate
197 545
243 000
-
-
income
41 484
51 031
-
-
total
41 484
51 031
-
-
Dividends
156 061
191 969
-
-
withholding
10 924
13 438
-
-
total
10 924
13 438
-
-
Income
243 000
243 000
243 000
243 000
Total tax
71 219
64 469
96 287
94 321
After tax
171 781
178 531
146 713
148 679
Living cost
26 643
26 643
26 643
26 643
Free-cash
145 138
151 888
120 070
122 036

Estimated living cost  is ₽26643 per week

₽18825
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1799
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽429
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5590
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88937
₽67309
₽92806
₽84709
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
243 000
income
-
-
-
76 445
pensions
-
-
-
10 365
total
-
-
-
86 810
Employee
95 153
-
211 665
-
income
17 152
-
62 023
-
pensions
9 180
-
12 267
-
health
1 568
-
2 813
-
total
27 900
-
77 103
-
Employer
95 153
-
211 665
-
pensions
11 235
-
27 313
-
health
1 807
-
4 022
-
total
13 042
-
31 335
-
Corporate
134 805
243 000
-
-
income

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

25 612
46 171
-
-
total
25 612
46 171
-
-
Dividends
109 192
196 829
-
-
withholding
16 387
44 867
-
-
total
16 387
44 867
-
-
Income
243 000
243 000
243 000
243 000
Total tax
82 941
91 038
108 438
86 810
After tax
160 059
151 962
134 562
156 190
Living cost
67 253
67 253
67 253
67 253
Free-cash
92 806
84 709
67 309
88 937

Estimated living cost  is ₽67253 per week

₽50394
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7902
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.
₽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

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
₽184119
₽194371
₽190014
₽194658
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
243 000
unemployment
-
-
-
140
health
-
-
-
4 016
income
-
-
-
36 450
pensions

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

-
-
-
5 168
total
-
-
-
45 774
Employee
17 356
-
236 149
-
income
1 735
-
23 615
-
pensions

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

1 524
-
3 066
-
health
798
-
1 606
-
accident

We are using the highest rate at 1.1%.

191
-
384
-
total
4 248
-
28 671
-
Employer
17 356
-
236 149
-
pensions

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

1 913
-
3 848
-
accident

We are using the highest rate at 1.1%.

191
-
384
-
health
1 198
-
2 409
-
unemployment
104
-
210
-
total
3 406
-
6 851
-
Corporate
222 238
243 000
-
-
income
22 224
24 300
-
-
total
22 224
24 300
-
-
Dividends
200 015
218 700
-
-
withholding
10 001
10 935
-
-
total
10 001
10 935
-
-
Income
243 000
243 000
243 000
243 000
Total tax
39 879
35 235
35 522
45 774
After tax
203 121
207 765
207 478
197 226
Living cost
13 107
13 107
13 107
13 107
Free-cash
190 014
194 658
194 371
184 119

Estimated living cost  is ₽13107 per week

₽7652
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽936
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽347
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4172
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Varna model

Close
Amsterdam , Netherlands
₽74058
₽99932
₽68375
₽65861
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
12 330
income
-
-
-
89 452
pensions
-
-
-
11 715
total
-
-
-
113 497
Employee
92 702
85 386
224 418
-
income

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

13 976
13 976
44 996
-
pensions
11 715
11 715
11 715
-
health
11 565
11 148
12 330
-
total
37 256
36 839
69 041
-
Employer
92 702
85 386
224 418
-
pensions
6 451
5 943
7 387
-
health
6 442
5 935
7 375
-
unemployment
3 338
3 074
3 820
-
total
16 231
14 952
18 582
-
Corporate
134 067
142 662
-
-
income
26 813
28 532
-
-
total
26 813
28 532
-
-
Dividends
107 254
114 129
-
-
withholding
16 089
17 119
-
-
income
22 791
24 252
-
-
total
38 880
41 371
-
-
Income
243 000
243 000
243 000
243 000
Total tax
119 180
121 694
87 623
113 497
After tax
123 820
121 306
155 377
129 503
Living cost
55 445
55 445
55 445
55 445
Free-cash
68 375
65 861
99 932
74 058

Estimated living cost  is ₽55445 per week

₽40900
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4952
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽636
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8958
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽121273
₽110376
₽134728
₽143293
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
243 000
social contributions
-
-
-
34 552
health
-
-
-
32 805
income
-
-
-
26 346
solidarity contribution
-
-
-
4 012
total
-
-
-
97 715
Employee
35 311
-
195 796
-
income
4 237
-
24 251
-
solidarity contribution
-
-
3 034
-
social contributions
2 295
-
7 691
-
health
4 767
-
26 432
-
total
11 299
-
61 408
-
Employer
35 311
-
195 796
-
health
3 178
-
17 622
-
social contributions
8 828
-
29 582
-
total
12 006
-
47 204
-
Corporate
195 683
243 000
-
-
income
37 180
46 170
-
-
total
37 180
46 170
-
-
Dividends
158 503
196 830
-
-
withholding
23 775
29 525
-
-
total
23 775
29 525
-
-
Income
243 000
243 000
243 000
243 000
Total tax
84 260
75 695
108 612
97 715
After tax
158 740
167 305
134 388
145 285
Living cost
24 012
24 012
24 012
24 012
Free-cash
134 728
143 293
110 376
121 273

Estimated living cost  is ₽24012 per week

₽16679
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1708
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5153
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76050
₽67572
₽82237
₽87456
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
50 044
municipal
-
-
-
1 545
national
-
-
-
70 011
regional
-
-
-
3 158
total
-
-
-
124 758
Employee
88 864
-
243 000
-
national
15 398
-
63 319
-
social contributions
29 965
-
65 609
-
municipal
471
-
1 419
-
regional
838
-
2 889
-
total
46 672
-
133 236
-
Employer
88 864
-
243 000
-
total
-
-
-
-
Corporate
154 136
243 000
-
-
nationa
36 993
58 321
-
-
municipal
6 011
9 478
-
-
total
43 004
67 799
-
-
Dividends
111 132
175 201
-
-
withholding
28 895
45 553
-
-
total
28 895
45 553
-
-
Income
243 000
243 000
243 000
243 000
Total tax
118 571
113 352
133 236
124 758
After tax
124 429
129 648
109 764
118 242
Living cost
42 192
42 192
42 192
42 192
Free-cash
82 237
87 456
67 572
76 050

Estimated living cost  is ₽42192 per week

₽29411
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2767
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽647
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9366
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92042
₽85931
₽127670
₽130783
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
243 000
other
-
-
-
-
unemployment
-
-
-
228
health
-
-
-
9 474
income
-
-
-
78 933
surtax
-
-
-
13 569
pensions
-
-
-
26 690
total
-
-
-
128 894
Employee
33 066
-
214 910
-
income
5 543
-
72 952
-
pensions
2 205
-
8 901
-
unemployment
2 302
-
9 288
-
health
844
-
3 402
-
other
-
-
-
-
surtax
108
-
12 372
-
total
11 002
-
106 915
-
Employer
33 066
-
214 910
-
pensions
4 408
-
17 789
-
other
-
-
-
-
health
1 505
-
6 072
-
unemployment
1 047
-
4 229
-
total
6 960
-
28 090
-
Corporate
202 974
243 000
-
-
income
52 773
63 180
-
-
total
52 773
63 180
-
-
Dividends
150 202
179 820
-
-
withholding
22 531
26 973
-
-
total
22 531
26 973
-
-
Income
243 000
243 000
243 000
243 000
Total tax
93 266
90 153
135 005
128 894
After tax
149 734
152 847
107 995
114 106
Living cost
22 064
22 064
22 064
22 064
Free-cash
127 670
130 783
85 931
92 042

Estimated living cost  is ₽22064 per week

₽13491
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2036
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽509
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6028
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽110244
₽88616
₽112657
₽106016
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
243 000
income
-
-
-
76 445
pensions
-
-
-
10 365
total
-
-
-
86 810
Employee
63 769
-
211 665
-
income
11 485
-
62 023
-
pensions
5 413
-
12 267
-
health
926
-
2 813
-
total
17 824
-
77 103
-
Employer
63 769
-
211 665
-
pensions
6 903
-
27 313
-
health
1 211
-
4 022
-
total
8 114
-
31 335
-
Corporate
171 116
243 000
-
-
income

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

32 513
46 171
-
-
total
32 513
46 171
-
-
Dividends
138 603
196 829
-
-
withholding
25 946
44 867
-
-
total
25 946
44 867
-
-
Income
243 000
243 000
243 000
243 000
Total tax
84 397
91 038
108 438
86 810
After tax
158 603
151 962
134 562
156 190
Living cost
45 946
45 946
45 946
45 946
Free-cash
112 657
106 016
88 616
110 244

Estimated living cost  is ₽45946 per week

₽34422
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3444
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.
₽7598
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽115584
₽107999
₽67875
₽35537
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
243 000
other

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

-
-
-
4 861
health
-
-
-
547
city
-
-
-
2 560
national
-
-
-
7 283
regional
-
-
-
14 227
pensions
-
-
-
22 357
total
-
-
-
51 835
Employee
88 449
-
219 220
-
pensions
7 431
-
16 490
-
national
419
-
5 955
-
unemployment
-
-
-
-
city
949
-
2 378
-
health
200
-
493
-
regional
2 896
-
12 736
-
total
11 895
-
38 052
-
Employer
88 449
-
219 220
-
pensions
7 431
-
16 490
-
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.

1 768
-
4 385
-
health
200
-
493
-
unemployment
-
-
-
-
total
9 399
-
21 368
-
Corporate
144 179
243 000
-
-
regional
30 494
51 395
-
-
national
12 255
20 654
-
-
total
42 749
72 049
-
-
Dividends
101 430
170 951
-
-
withholding
35 501
59 833
-
-
total
35 501
59 833
-
-
Income
243 000
243 000
243 000
243 000
Total tax
99 544
131 882
59 420
51 835
After tax
143 456
111 118
183 580
191 165
Living cost
75 581
75 581
75 581
75 581
Free-cash
67 875
35 537
107 999
115 584

Estimated living cost  is ₽75581 per week

₽49149
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6783
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽928
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18721
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽69595
₽103296
₽90362
₽74147
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
243 000
trade
-
-
-
33 701
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.

-
-
-
6 831
income

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

-
-
-
82 529
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.

-
-
-
4 539
total
-
-
-
127 600
Employee

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

60 091
-
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.

389
-
4 539
-
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.

7 066
-
82 529
-
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.

6 831
-
6 831
-
total
14 286
-
93 899
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
182 909
243 000
-
-
trade
31 369
41 674
-
-
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.

1 508
2 006
-
-
income
27 436
36 450
-
-
chamber of commerce
410
493
-
-
total
60 723
80 623
-
-
Dividends
122 186
162 376
-
-
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.

1 658
2 212
-
-
withholding
30 166
40 213
-
-
total
31 824
42 425
-
-
Income
243 000
243 000
243 000
243 000
Total tax
106 833
123 048
93 899
127 600
After tax
136 167
119 952
149 101
115 400
Living cost
45 805
45 805
45 805
45 805
Free-cash
90 362
74 147
103 296
69 595

Estimated living cost  is ₽45805 per week

₽33454
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3664
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽596
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8093
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97197
₽88933
₽94170
₽88263
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
243 000
other
-
-
-
7 533
social contributions
-
-
-
6 924
health
-
-
-
12 364
income
-
-
-
47 817
surtax
-
-
-
-
pensions
-
-
-
36 956
total
-
-
-
111 594
Employee
42 794
-
184 565
-
income
2 526
-
41 875
-
pensions
4 839
-
14 288
-
social contributions
1 220
-
5 260
-
surtax
-
-
-
-
total
8 585
-
61 423
-
Employer
42 794
-
184 565
-
pensions
7 030
-
23 791
-
other
1 476
-
7 818
-
health
2 996
-
18 798
-
unemployment
1 732
-
7 474
-
social contributions
129
-
554
-
total
13 363
-
58 435
-
Corporate
186 842
243 000
-
-
surtax
-
-
-
-
income
52 315
68 040
-
-
total
52 315
68 040
-
-
Dividends
134 527
174 960
-
-
surtax
-
-
-
-
social contributions
23 138
30 094
-
-
withholding
17 220
22 394
-
-
total
40 358
52 488
-
-
Income
243 000
243 000
243 000
243 000
Total tax
114 621
120 528
119 858
111 594
After tax
128 379
122 472
123 142
131 406
Living cost
34 209
34 209
34 209
34 209
Free-cash
94 170
88 263
88 933
97 197

Estimated living cost  is ₽34209 per week

₽21570
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2782
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽583
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9277
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽100586
₽92322
₽97205
₽91652
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
243 000
other
-
-
-
7 533
social contributions
-
-
-
6 924
health
-
-
-
12 364
income
-
-
-
47 817
surtax
-
-
-
-
pensions
-
-
-
36 956
total
-
-
-
111 594
Employee
38 199
-
184 565
-
income
1 970
-
41 875
-
pensions
4 321
-
14 288
-
social contributions
1 089
-
5 260
-
surtax
-
-
-
-
total
7 380
-
61 423
-
Employer
38 199
-
184 565
-
pensions
6 277
-
23 791
-
other
1 319
-
7 818
-
health
2 674
-
18 798
-
unemployment
1 546
-
7 474
-
social contributions
114
-
554
-
total
11 930
-
58 435
-
Corporate
192 871
243 000
-
-
surtax
-
-
-
-
income
54 004
68 040
-
-
total
54 004
68 040
-
-
Dividends
138 867
174 960
-
-
surtax
-
-
-
-
social contributions
23 885
30 094
-
-
withholding
17 776
22 394
-
-
total
41 661
52 488
-
-
Income
243 000
243 000
243 000
243 000
Total tax
114 975
120 528
119 858
111 594
After tax
128 025
122 472
123 142
131 406
Living cost
30 820
30 820
30 820
30 820
Free-cash
97 205
91 652
92 322
100 586

Estimated living cost  is ₽30820 per week

₽17874
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3131
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9231
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽134852
₽127876
₽127570
₽127051
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
243 000
social contributions
-
-
-
33 534
health
-
-
-
16 962
income
-
-
-
36 450
total
-
-
-
86 946
Employee
33 902
-
243 000
-
income
5 654
-
43 426
-
social contributions
4 679
-
33 534
-
health
2 366
-
16 962
-
total
12 699
-
93 922
-
Employer
33 902
-
243 000
-
total
-
-
-
-
Corporate
209 098
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%.

10 455
12 150
-
-
total
10 455
12 150
-
-
Dividends
198 643
230 850
-
-
social contributions
27 413
31 857
-
-
health
13 865
16 113
-
-
withholding
29 796
34 627
-
-
total
71 074
82 597
-
-
Income
243 000
243 000
243 000
243 000
Total tax
94 228
94 747
93 922
86 946
After tax
148 772
148 253
149 078
156 054
Living cost
21 202
21 202
21 202
21 202
Free-cash
127 570
127 051
127 876
134 852

Estimated living cost  is ₽21202 per week

₽14189
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1307
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.
₽5216
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88961
₽28066
₽97036
₽98583
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
243 000
chamber of commerce
-
-
-
972
unemployment
-
-
-
6 133
health
-
-
-
8 935
income
-
-
-
80 960
surtax
-
-
-
197
pensions
-
-
-
21 610
total
-
-
-
118 807
Employee
49 970
39 847
202 901
-
income
5 689
2 939
68 671
-
pensions
5 117
4 080
11 962
-
unemployment
1 499
1 195
3 505
-
health
1 934
1 543
4 520
-
other
499
398
1 169
-
total
14 738
10 155
89 827
-
Employer
49 970
39 847
202 901
-
pensions
6 271
5 002
14 660
-
other
2 374
1 892
8 905
-
accident
649
518
1 518
-
health
1 888
1 507
4 415
-
payroll
1 499
1 195
6 087
-
chamber of commerce
199
159
812
-
unemployment
1 499
1 195
3 505
-
surtax
197
197
197
-
total
14 576
11 665
40 099
-
Corporate
178 454
191 487
199 106
-
income

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

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

44 613
47 871
49 776
-
total
44 613
47 871
49 776
-
Dividends
133 840
143 616
-
-
withholding
36 805
39 494
-
-
total
36 805
39 494
-
-
Income
243 000
243 000
243 000
243 000
Total tax
110 732
109 185
179 702
118 807
After tax
132 268
133 815
63 298
124 193
Living cost
35 232
35 232
35 232
35 232
Free-cash
97 036
98 583
28 066
88 961

Estimated living cost  is ₽35232 per week

₽23498
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3006
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽579
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8150
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69323
₽45362
₽84311
₽95884
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
24 929
communal

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

-
-
-
13 085
national
-
-
-
99 206
total
-
-
-
137 220
Employee

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

71 523
-
188 212
-
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.

5 364
-
14 115
-
national
21 989
-
71 975
-
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.

622
-
1 638
-
communal

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

3 730
-
9 818
-
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.

3 360
-
8 846
-
total
35 065
-
106 392
-
Employer

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

71 523
-
188 212
-
pensions

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

6 338
-
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.

930
-
2 448
-
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.

4 398
-
11 575
-
unemployment

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

1 044
-
2 748
-
surtax
8 110
-
21 343
-
total
20 820
-
54 789
-
Corporate
150 658
243 000
-
-
surtax
603
1 068
-
-
income
30 132
53 393
-
-
total
30 735
54 461
-
-
Dividends
119 923
188 539
-
-
withholding

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

35 612
56 198
-
-
total
35 612
56 198
-
-
Income
243 000
243 000
243 000
243 000
Total tax
122 232
110 659
161 181
137 220
After tax
120 768
132 341
81 819
105 780
Living cost
36 457
36 457
36 457
36 457
Free-cash
84 311
95 884
45 362
69 323

Estimated living cost  is ₽36457 per week

₽23483
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3188
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9216
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99513
₽95317
₽118209
₽125058
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
93
unemployment
-
-
-
649
accident
-
-
-
835
income
-
-
-
79 573
pensions
-
-
-
26 227
total
-
-
-
107 377
Employee
49 772
-
213 454
-
income
10 502
-
76 141
-
pensions
2 340
-
4 357
-
unemployment
772
-
1 436
-
other
49
-
93
-
total
13 663
-
82 027
-
Employer
49 772
-
213 454
-
pensions
11 745
-
21 872
-
other
397
-
742
-
accident
985
-
1 835
-
unemployment
2 738
-
5 097
-
total
15 865
-
29 546
-
Corporate
177 363
243 000
-
-
income

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

26 604
36 450
-
-
total
26 604
36 450
-
-
Dividends
150 759
206 550
-
-
withholding
32 549
45 382
-
-
total
32 549
45 382
-
-
Income
243 000
243 000
243 000
243 000
Total tax
88 681
81 832
111 573
107 377
After tax
154 319
161 168
131 427
135 623
Living cost
36 110
36 110
36 110
36 110
Free-cash
118 209
125 058
95 317
99 513

Estimated living cost  is ₽36110 per week

₽26591
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.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6436
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58986
₽67997
₽67937
₽81692
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 004
health
-
-
-
16 690
income
-
-
-
47 880
communal
-
-
-
15 358
surtax
-
-
-
12 134
pensions
-
-
-
35 610
total
-
-
-
129 676
Employee
75 721
-
217 060
-
income
7 314
-
54 396
-
pensions
6 057
-
17 366
-
health
3 370
-
9 660
-
surtax
4 641
-
13 303
-
total
21 382
-
94 725
-
Employer
75 721
-
217 060
-
pensions
6 057
-
17 366
-
accident
681
-
1 954
-
health
2 309
-
6 620
-
total
9 047
-
25 940
-
Corporate
158 232
243 000
-
-
communal
10 681
16 402
-
-
surtax
1 662
2 552
-
-
income
23 736
36 450
-
-
total
36 079
55 404
-
-
Dividends
122 154
187 596
-
-
withholding
18 324
28 140
-
-
income
35 893
23 426
-
-
total
54 217
51 566
-
-
Income
243 000
243 000
243 000
243 000
Total tax
120 725
106 970
120 665
129 676
After tax
122 275
136 030
122 335
113 324
Living cost
54 338
54 338
54 338
54 338
Free-cash
67 937
81 692
67 997
58 986

Estimated living cost  is ₽54338 per week

₽40762
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3292
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9707
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91647
₽85536
₽127206
₽130388
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
243 000
other
-
-
-
-
unemployment
-
-
-
228
health
-
-
-
9 474
income
-
-
-
78 933
surtax
-
-
-
13 569
pensions
-
-
-
26 690
total
-
-
-
128 894
Employee
33 673
-
214 910
-
income
5 645
-
72 952
-
pensions
2 247
-
8 901
-
unemployment
2 343
-
9 288
-
health
860
-
3 402
-
other
-
-
-
-
surtax
120
-
12 372
-
total
11 215
-
106 915
-
Employer
33 673
-
214 910
-
pensions
4 489
-
17 789
-
other
-
-
-
-
health
1 531
-
6 072
-
unemployment
1 068
-
4 229
-
total
7 088
-
28 090
-
Corporate
202 238
243 000
-
-
income
52 583
63 180
-
-
total
52 583
63 180
-
-
Dividends
149 656
179 820
-
-
withholding
22 449
26 973
-
-
total
22 449
26 973
-
-
Income
243 000
243 000
243 000
243 000
Total tax
93 335
90 153
135 005
128 894
After tax
149 665
152 847
107 995
114 106
Living cost
22 459
22 459
22 459
22 459
Free-cash
127 206
130 388
85 536
91 647

Estimated living cost  is ₽22459 per week

₽13559
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1953
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.
₽6427
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90548
₽82118
₽98573
₽100790
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
50 044
municipal
-
-
-
1 545
national
-
-
-
70 011
regional
-
-
-
3 917
total
-
-
-
125 517
Employee
55 465
-
243 000
-
national
8 787
-
63 319
-
social contributions
18 703
-
65 609
-
municipal
294
-
1 419
-
regional
747
-
3 600
-
total
28 531
-
133 947
-
Employer
55 465
-
243 000
-
total
-
-
-
-
Corporate
187 535
243 000
-
-
nationa
45 008
58 321
-
-
municipal
9 320
12 077
-
-
total
54 328
70 398
-
-
Dividends
133 206
172 602
-
-
withholding
34 633
44 877
-
-
total
34 633
44 877
-
-
Income
243 000
243 000
243 000
243 000
Total tax
117 492
115 275
133 947
125 517
After tax
125 508
127 725
109 053
117 483
Living cost
26 935
26 935
26 935
26 935
Free-cash
98 573
100 790
82 118
90 548

Estimated living cost  is ₽26935 per week

₽16751
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2729
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6994
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽115696
₽104799
₽127161
₽137716
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
243 000
social contributions
-
-
-
34 552
health
-
-
-
32 805
income
-
-
-
26 346
solidarity contribution
-
-
-
4 012
total
-
-
-
97 715
Employee
43 513
-
195 796
-
income
5 222
-
24 251
-
solidarity contribution
-
-
3 034
-
social contributions
2 828
-
7 691
-
health
5 874
-
26 432
-
total
13 924
-
61 408
-
Employer
43 513
-
195 796
-
health
3 916
-
17 622
-
social contributions
10 878
-
29 582
-
total
14 794
-
47 204
-
Corporate
184 693
243 000
-
-
income
35 092
46 170
-
-
total
35 092
46 170
-
-
Dividends
149 601
196 830
-
-
withholding
22 440
29 525
-
-
total
22 440
29 525
-
-
Income
243 000
243 000
243 000
243 000
Total tax
86 250
75 695
108 612
97 715
After tax
156 750
167 305
134 388
145 285
Living cost
29 589
29 589
29 589
29 589
Free-cash
127 161
137 716
104 799
115 696

Estimated living cost  is ₽29589 per week

₽22004
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1639
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.
₽5434
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92490
₽31443
₽101526
₽102020
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
243 000
chamber of commerce
-
-
-
972
unemployment
-
-
-
6 133
health
-
-
-
8 935
income
-
-
-
80 960
surtax
-
-
-
-
pensions
-
-
-
21 610
total
-
-
-
118 610
Employee
43 708
39 847
203 085
-
income
3 894
2 939
68 764
-
pensions
4 476
4 080
11 962
-
unemployment
1 311
1 195
3 505
-
health
1 691
1 543
4 520
-
other
436
398
1 169
-
total
11 808
10 155
89 920
-
Employer
43 708
39 847
203 085
-
pensions
5 486
5 002
14 660
-
other
2 076
1 892
8 912
-
accident
567
518
1 518
-
health
1 653
1 507
4 415
-
payroll
1 311
1 195
6 093
-
chamber of commerce
175
159
812
-
unemployment
1 311
1 195
3 505
-
surtax
-
-
-
-
total
12 579
11 468
39 915
-
Corporate
186 714
191 685
199 290
-
income

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

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

46 678
47 921
49 822
-
total
46 678
47 921
49 822
-
Dividends
140 036
143 764
-
-
withholding
38 509
39 536
-
-
total
38 509
39 536
-
-
Income
243 000
243 000
243 000
243 000
Total tax
109 574
109 080
179 657
118 610
After tax
133 426
133 920
63 343
124 390
Living cost
31 900
31 900
31 900
31 900
Free-cash
101 526
102 020
31 443
92 490

Estimated living cost  is ₽31900 per week

₽19136
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3258
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8937
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽226529
₽180359
₽214176
₽216809
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
17 552
-
243 000
-
income
3 511
-
48 600
-
total
3 511
-
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%.

225 448
243 000
-
-
total
-
-
-
-
Dividends
225 448
243 000
-
-
withholding
11 272
12 150
-
-
total
11 272
12 150
-
-
Income
243 000
243 000
243 000
243 000
Total tax
14 783
12 150
48 600
2 430
After tax
228 217
230 850
194 400
240 570
Living cost
14 041
14 041
14 041
14 041
Free-cash
214 176
216 809
180 359
226 529

Estimated living cost  is ₽14041 per week

₽9502
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽589
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3479
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84094
₽78817
₽132120
₽140487
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

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

-
-
-
243 000
unemployment
-
-
-
364
health
-
-
-
23 910
income
-
-
-
63 435
pensions
-
-
-
44 378
total
-
-
-
132 087
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.

44 215
-
210 263
-
income
7 625
-
58 158
-
pensions
6 854
-
32 591
-
unemployment
63
-
294
-
health
2 856
-
13 584
-
total
17 398
-
104 627
-
Employer

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

44 215
-
210 263
-
pensions
3 913
-
18 609
-
health
2 945
-
14 003
-
unemployment
27
-
125
-
total
6 885
-
32 737
-
Corporate
191 901
243 000
-
-
income
36 462
46 169
-
-
total
36 462
46 169
-
-
Dividends
155 439
196 831
-
-
withholding
23 316
29 525
-
-
total
23 316
29 525
-
-
Income
243 000
243 000
243 000
243 000
Total tax
84 061
75 694
137 364
132 087
After tax
158 939
167 306
105 636
110 913
Living cost
26 819
26 819
26 819
26 819
Free-cash
132 120
140 487
78 817
84 094

Estimated living cost  is ₽26819 per week

₽18406
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1719
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6176
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽124892
₽186838
₽57354
₽104801
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
243 000
social contributions
-
-
-
27 702
income
-
-
-
47 366
total
-
-
-
75 068
Employee
61 714
-
-
-
income
13 613
-
-
-
social contributions
5 061
-
721
-
total
18 674
-
721
-
Employer
61 714
-
-
-
social contributions
87 016
-
12 401
-
total
87 016
-
12 401
-
Corporate
94 270
243 000
-
-
income
20 739
53 460
-
-
total
20 739
53 460
-
-
Dividends
73 531
189 540
-
-
income
16 177
41 699
-
-
total
16 177
41 699
-
-
Income
243 000
243 000
243 000
243 000
Total tax
142 606
95 159
13 122
75 068
After tax
100 394
147 841
229 878
167 932
Living cost
43 040
43 040
43 040
43 040
Free-cash
57 354
104 801
186 838
124 892

Estimated living cost  is ₽43040 per week

₽27926
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4048
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10517
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94484
₽74832
₽105849
₽106854
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
243 000
social contributions

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

-
-
-
84 443
income
-
-
-
32 710
surtax
-
-
-
-
total
-
-
-
117 153
Employee
45 987
-
196 364
-
income
9 565
-
67 993
-
social contributions
5 059
-
21 601
-
surtax
-
-
575
-
total
14 624
-
90 169
-
Employer
45 987
-
196 364
-
social contributions
10 922
-
46 636
-
total
10 922
-
46 636
-
Corporate
186 091
243 000
-
-
surtax
-
-
-
-
income
39 078
51 031
-
-
total
39 078
51 031
-
-
Dividends
147 013
191 969
-
-
withholding
41 164
53 752
-
-
total
41 164
53 752
-
-
Income
243 000
243 000
243 000
243 000
Total tax
105 788
104 783
136 805
117 153
After tax
137 212
138 217
106 195
125 847
Living cost
31 363
31 363
31 363
31 363
Free-cash
105 849
106 854
74 832
94 484

Estimated living cost  is ₽31363 per week

₽23466
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1850
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5524
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83113
₽74849
₽81051
₽74179
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
243 000
other
-
-
-
7 533
social contributions
-
-
-
6 924
health
-
-
-
12 364
income
-
-
-
47 817
surtax
-
-
-
-
pensions
-
-
-
36 956
total
-
-
-
111 594
Employee
62 625
-
184 565
-
income
5 464
-
41 875
-
pensions
7 083
-
14 288
-
social contributions
1 784
-
5 260
-
surtax
-
-
-
-
total
14 331
-
61 423
-
Employer
62 625
-
184 565
-
pensions
10 290
-
23 791
-
other
2 161
-
7 818
-
health
4 383
-
18 798
-
unemployment
2 537
-
7 474
-
social contributions
188
-
554
-
total
19 559
-
58 435
-
Corporate
160 816
243 000
-
-
surtax
-
-
-
-
income
45 029
68 040
-
-
total
45 029
68 040
-
-
Dividends
115 787
174 960
-
-
surtax
-
-
-
-
social contributions
19 916
30 094
-
-
withholding
14 821
22 394
-
-
total
34 737
52 488
-
-
Income
243 000
243 000
243 000
243 000
Total tax
113 656
120 528
119 858
111 594
After tax
129 344
122 472
123 142
131 406
Living cost
48 293
48 293
48 293
48 293
Free-cash
81 051
74 179
74 849
83 113

Estimated living cost  is ₽48293 per week

₽32684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3951
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽662
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10996
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽146603
₽153060
₽185284
₽188645
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
53 459
income
-
-
-
12 882
total
-
-
-
66 341
Employee
32 145
-
210 388
-
social contributions
2 089
-
13 675
-
income
-
-
13 599
-
total
2 089
-
27 274
-
Employer
32 145
-
210 388
-
social contributions
4 983
-
32 610
-
total
4 983
-
32 610
-
Corporate
205 872
243 000
-
-
income
20 588
24 299
-
-
total
20 588
24 299
-
-
Dividends
185 284
218 701
-
-
total
-
-
-
-
Income
243 000
243 000
243 000
243 000
Total tax
27 660
24 299
59 884
66 341
After tax
215 340
218 701
183 116
176 659
Living cost
30 056
30 056
30 056
30 056
Free-cash
185 284
188 645
153 060
146 603

Estimated living cost  is ₽30056 per week

₽19434
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2266
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.
₽7791
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91285
₽25076
₽13404
₽25076
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
243 000
municipal
-
-
-
52 602
national
-
-
-
30 705
labour market
-
-
-
19 371
pensions
-
-
-
867
total
-
-
-
103 545
Employee
203 314
203 314
203 314
-
labour market
16 242
16 242
16 242
-
pensions
289
289
289
-
national
24 839
24 839
24 839
-
municipal
43 295
43 295
43 295
-
total
84 665
84 665
84 665
-
Employer
203 314
203 314
203 314
-
pensions
578
578
578
-
municipal
43 364
43 364
43 364
-
national
24 882
24 882
24 882
-
labour market
16 265
16 265
16 265
-
total
85 089
85 089
85 089
-
Corporate
25 077
-
-
-
income
5 517
-
-
-
total
5 517
-
-
-
Dividends
19 560
-
-
-
withholding
6 155
-
-
-
total
6 155
-
-
-
Income
243 000
243 000
243 000
243 000
Total tax
181 426
169 754
169 754
103 545
After tax
61 574
73 246
73 246
139 455
Living cost
48 170
48 170
48 170
48 170
Free-cash
13 404
25 076
25 076
91 285

Estimated living cost  is ₽48170 per week

₽32968
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4261
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽741
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10200
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽144281
₽112775
₽16372
-₽1908
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
369
accident
-
-
-
252
health
-
-
-
2 172
income
-
-
-
70 190
pensions
-
-
-
4 145
total
-
-
-
77 128
Employee
33 964
-
222 845
-
income
4 659
-
55 364
-
pensions
3 825
-
7 599
-
health
3 889
-
25 516
-
total
12 373
-
88 479
-
Employer
33 964
-
222 845
-
pensions
5 522
-
10 974
-
accident
567
-
3 721
-
unemployment
832
-
5 460
-
total
6 921
-
20 155
-
Corporate
202 115
243 000
-
-
income

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

181 903
218 700
-
-
total
181 903
218 700
-
-
Dividends
20 211
24 300
-
-
withholding
3 840
4 617
-
-
total
3 840
4 617
-
-
Income
243 000
243 000
243 000
243 000
Total tax
205 037
223 317
108 634
77 128
After tax
37 963
19 683
134 366
165 872
Living cost
21 591
21 591
21 591
21 591
Free-cash
16 372
-1 908
112 775
144 281

Estimated living cost  is ₽21591 per week

₽15716
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1231
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽405
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4239
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽108628
₽80795
₽112815
₽109586
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
243 000
municipal
-
-
-
43 141
health
-
-
-
3 324
national
-
-
-
49 519
total
-
-
-
95 984
Employee
52 606
-
204 424
-
pensions
3 550
-
13 798
-
national
869
-
32 379
-
municipal
8 616
-
33 268
-
unemployment
789
-
3 066
-
health
393
-
2 730
-
total
14 217
-
85 241
-
Employer
52 606
-
204 424
-
pensions
9 127
-
35 468
-
accident
53
-
205
-
health
404
-
1 575
-
unemployment
342
-
1 328
-
total
9 926
-
38 576
-
Corporate
180 468
243 000
-
-
income
36 094
48 600
-
-
total
36 094
48 600
-
-
Dividends

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

108 281
145 800
-
-
municipal
19 491
26 244
-
-
national
12 069
20 182
-
-
total
31 560
46 426
-
-
Income
243 000
243 000
243 000
243 000
Total tax
91 797
95 026
123 817
95 984
After tax
151 203
147 974
119 183
147 016
Living cost
38 388
38 388
38 388
38 388
Free-cash
112 815
109 586
80 795
108 628

Estimated living cost  is ₽38388 per week

₽25075
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3692
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽611
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9011
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽139591
₽137636
₽148461
₽153904
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 178
health
-
-
-
6 197
income
-
-
-
57 884
total
-
-
-
80 259
Employee
76 887
76 887
230 135
-
income
8 372
7 117
56 829
-
social contributions
2 907
6 381
8 607
-
health
596
1 307
3 913
-
total
11 875
14 805
69 349
-
Employer
76 887
76 887
230 135
-
health
647
1 423
4 258
-
social contributions
2 907
6 381
8 607
-
total
3 554
7 804
12 865
-
Corporate
204 421
158 309
-
-
income
25 553
19 789
-
-
total
25 553
19 789
-
-
Dividends
178 868
138 520
-
-
withholding
30 407
23 548
-
-
total
30 407
23 548
-
-
Income
243 000
243 000
243 000
243 000
Total tax
71 389
65 946
82 214
80 259
After tax
171 611
177 054
160 786
162 741
Living cost
23 150
23 150
23 150
23 150
Free-cash
148 461
153 904
137 636
139 591

Estimated living cost  is ₽23150 per week

₽13874
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2271
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.
₽6493
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽191843
₽171788
₽180266
₽185352
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
243 000
unemployment
-
-
-
28
health
-
-
-
3 618
income
-
-
-
25 276
pensions
-
-
-
6 360
total
-
-
-
35 282
Employee

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

22 951
-
233 228
-
income
1 569
-
22 796
-
pensions
3 442
-
14 231
-
unemployment
114
-
474
-
health
1 951
-
8 064
-
total
7 076
-
45 565
-
Employer

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

22 951
-
233 228
-
pensions
1 262
-
5 218
-
health
987
-
4 080
-
unemployment
114
-
474
-
total
2 363
-
9 772
-
Corporate
217 687
243 000
-
-
income
19 591
21 870
-
-
total
19 591
21 870
-
-
Dividends
198 095
221 130
-
-
withholding
17 829
19 903
-
-
total
17 829
19 903
-
-
Income
243 000
243 000
243 000
243 000
Total tax
46 859
41 773
55 337
35 282
After tax
196 141
201 227
187 663
207 718
Living cost
15 875
15 875
15 875
15 875
Free-cash
180 266
185 352
171 788
191 843

Estimated living cost  is ₽15875 per week

₽10129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1144
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4129
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽108127
₽103931
₽129257
₽133672
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
93
unemployment
-
-
-
649
accident
-
-
-
835
income
-
-
-
79 573
pensions
-
-
-
26 227
total
-
-
-
107 377
Employee
36 972
-
213 454
-
income
7 128
-
76 141
-
pensions
1 738
-
4 357
-
unemployment
573
-
1 436
-
other
36
-
93
-
total
9 475
-
82 027
-
Employer
36 972
-
213 454
-
pensions
8 725
-
21 872
-
other
296
-
742
-
accident
732
-
1 835
-
unemployment
2 034
-
5 097
-
total
11 787
-
29 546
-
Corporate
194 241
243 000
-
-
income

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

29 136
36 450
-
-
total
29 136
36 450
-
-
Dividends
165 105
206 550
-
-
withholding
35 849
45 382
-
-
total
35 849
45 382
-
-
Income
243 000
243 000
243 000
243 000
Total tax
86 247
81 832
111 573
107 377
After tax
156 753
161 168
131 427
135 623
Living cost
27 496
27 496
27 496
27 496
Free-cash
129 257
133 672
103 931
108 127

Estimated living cost  is ₽27496 per week

₽18559
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2643
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽482
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5812
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽153604
₽153408
₽148444
₽148894
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
1 448
income
-
-
-
83 213
pensions
-
-
-
1 997
total
-
-
-
86 658
Employee
4 171
-
240 753
-
income
807
-
83 108
-
pensions
375
-
899
-
unemployment
42
-
100
-
health
209
-
499
-
total
1 433
-
84 606
-
Employer
4 171
-
240 753
-
pensions
459
-
1 099
-
health
396
-
949
-
unemployment
83
-
200
-
total
938
-
2 248
-
Corporate
237 891
243 000
-
-
income
52 336
53 460
-
-
total
52 336
53 460
-
-
Dividends
185 555
189 540
-
-
withholding
37 111
37 908
-
-
total
37 111
37 908
-
-
Income
243 000
243 000
243 000
243 000
Total tax
91 818
91 368
86 854
86 658
After tax
151 182
151 632
156 146
156 342
Living cost
2 738
2 738
2 738
2 738
Free-cash
148 444
148 894
153 408
153 604

Estimated living cost  is ₽2738 per week

₽1627
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽222
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽63
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽826
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽141200
₽141200
₽153354
₽158275
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
243 000
unemployment
-
-
-
1 108
health
-
-
-
7 612
income
-
-
-
56 573
pensions
-
-
-
19 214
total
-
-
-
84 507
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.

26 076
-
229 772
-
income
3 594
-
56 573
-
pensions
3 651
-
10 346
-
unemployment
196
-
554
-
health
1 343
-
3 806
-
total
8 784
-
71 279
-
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.

26 076
-
229 772
-
pensions
3 129
-
8 868
-
health
1 343
-
3 806
-
unemployment
196
-
554
-
total
4 668
-
13 228
-
Corporate
212 256
243 000
-
-
income
31 838
36 450
-
-
total
31 838
36 450
-
-
Dividends
180 418
206 550
-
-
withholding
27 063
30 982
-
-
total
27 063
30 982
-
-
Income
243 000
243 000
243 000
243 000
Total tax
72 353
67 432
84 507
84 507
After tax
170 647
175 568
158 493
158 493
Living cost
17 293
17 293
17 293
17 293
Free-cash
153 354
158 275
141 200
141 200

Estimated living cost  is ₽17293 per week

₽11643
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1338
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3811
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98891
₽79239
₽110902
₽111261
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
243 000
social contributions

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

-
-
-
84 443
income
-
-
-
32 710
surtax
-
-
-
-
total
-
-
-
117 153
Employee
38 808
-
196 364
-
income
7 583
-
67 993
-
social contributions
4 269
-
21 601
-
surtax
-
-
575
-
total
11 852
-
90 169
-
Employer
38 808
-
196 364
-
social contributions
9 216
-
46 636
-
total
9 216
-
46 636
-
Corporate
194 976
243 000
-
-
surtax
-
-
-
-
income
40 946
51 031
-
-
total
40 946
51 031
-
-
Dividends
154 030
191 969
-
-
withholding
43 128
53 752
-
-
total
43 128
53 752
-
-
Income
243 000
243 000
243 000
243 000
Total tax
105 142
104 783
136 805
117 153
After tax
137 858
138 217
106 195
125 847
Living cost
26 956
26 956
26 956
26 956
Free-cash
110 902
111 261
79 239
98 891

Estimated living cost  is ₽26956 per week

₽19092
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1873
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5514
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽100483
₽96287
₽119487
₽126028
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
93
unemployment
-
-
-
649
accident
-
-
-
835
income
-
-
-
79 573
pensions
-
-
-
26 227
total
-
-
-
107 377
Employee
48 290
-
213 454
-
income
10 086
-
76 141
-
pensions
2 269
-
4 357
-
unemployment
748
-
1 436
-
other
47
-
93
-
total
13 150
-
82 027
-
Employer
48 290
-
213 454
-
pensions
11 396
-
21 872
-
other
387
-
742
-
accident
956
-
1 835
-
unemployment
2 656
-
5 097
-
total
15 395
-
29 546
-
Corporate
179 314
243 000
-
-
income

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

26 897
36 450
-
-
total
26 897
36 450
-
-
Dividends
152 417
206 550
-
-
withholding
32 931
45 382
-
-
total
32 931
45 382
-
-
Income
243 000
243 000
243 000
243 000
Total tax
88 373
81 832
111 573
107 377
After tax
154 627
161 168
131 427
135 623
Living cost
35 140
35 140
35 140
35 140
Free-cash
119 487
126 028
96 287
100 483

Estimated living cost  is ₽35140 per week

₽25236
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2732
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6677
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽180029
₽190281
₽184475
₽190568
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
243 000
unemployment
-
-
-
140
health
-
-
-
4 016
income
-
-
-
36 450
pensions

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

-
-
-
5 168
total
-
-
-
45 774
Employee
22 772
-
236 149
-
income
2 278
-
23 615
-
pensions

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

1 999
-
3 066
-
health
1 048
-
1 606
-
accident

We are using the highest rate at 1.1%.

250
-
384
-
total
5 575
-
28 671
-
Employer
22 772
-
236 149
-
pensions

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

2 509
-
3 848
-
accident

We are using the highest rate at 1.1%.

250
-
384
-
health
1 571
-
2 409
-
unemployment
137
-
210
-
total
4 467
-
6 851
-
Corporate
215 760
243 000
-
-
income
21 576
24 300
-
-
total
21 576
24 300
-
-
Dividends
194 185
218 700
-
-
withholding
9 710
10 935
-
-
total
9 710
10 935
-
-
Income
243 000
243 000
243 000
243 000
Total tax
41 328
35 235
35 522
45 774
After tax
201 672
207 765
207 478
197 226
Living cost
17 197
17 197
17 197
17 197
Free-cash
184 475
190 568
190 281
180 029

Estimated living cost  is ₽17197 per week

₽11374
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽985
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽410
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4429
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82298
₽110498
₽99425
₽86346
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
243 000
trade
-
-
-
28 200
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.

-
-
-
6 831
income

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

-
-
-
82 529
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.

-
-
-
4 539
total
-
-
-
122 099
Employee

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

49 751
-
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.

226
-
4 539
-
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
-
82 529
-
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.

6 831
-
6 831
-
total
11 148
-
93 899
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
193 249
243 000
-
-
trade
27 732
34 870
-
-
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.

1 594
2 006
-
-
income
28 988
36 450
-
-
chamber of commerce
435
509
-
-
total
58 749
73 835
-
-
Dividends
134 502
169 165
-
-
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.

1 829
2 305
-
-
withholding
33 246
41 911
-
-
total
35 075
44 216
-
-
Income
243 000
243 000
243 000
243 000
Total tax
104 972
118 051
93 899
122 099
After tax
138 028
124 949
149 101
120 901
Living cost
38 603
38 603
38 603
38 603
Free-cash
99 425
86 346
110 498
82 298

Estimated living cost  is ₽38603 per week

₽26629
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽560
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7260
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63278
₽63278
₽115348
₽113143
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
243 000
social contributions
-
-
-
42 091
income
-
-
-
80 673
total
-
-
-
122 764
Employee
78 213
-
243 000
-
social contributions
6 498
-
42 091
-
income
14 759
-
80 673
-
total
21 257
-
122 764
-
Employer
78 213
-
243 000
-
total
-
-
-
-
Corporate
164 787
243 000
-
-
income
20 599
30 375
-
-
total
20 599
30 375
-
-
Dividends
144 188
212 625
-
-
withholding
28 838
42 524
-
-
total
28 838
42 524
-
-
Income
243 000
243 000
243 000
243 000
Total tax
70 694
72 899
122 764
122 764
After tax
172 306
170 101
120 236
120 236
Living cost
56 958
56 958
56 958
56 958
Free-cash
115 348
113 143
63 278
63 278

Estimated living cost  is ₽56958 per week

₽43333
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4641
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8440
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽163579
₽132402
₽119865
₽116371
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
243 000
health

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

-
-
-
6 675
income
-
-
-
36 450
total
-
-
-
43 125
Employee
45 869
-
238 401
-
social contributions
4 596
-
4 599
-
income
4 977
-
65 104
-
total
9 573
-
69 703
-
Employer
45 869
-
238 401
-
social contributions
4 596
-
4 599
-
total
4 596
-
4 599
-
Corporate
192 535
243 000
-
-
income
67 387
85 050
-
-
total
67 387
85 050
-
-
Dividends
125 148
157 950
-
-
social contributions
5 283
5 283
-
-
total
5 283
5 283
-
-
Income
243 000
243 000
243 000
243 000
Total tax
86 839
90 333
74 302
43 125
After tax
156 161
152 667
168 698
199 875
Living cost
36 296
36 296
36 296
36 296
Free-cash
119 865
116 371
132 402
163 579

Estimated living cost  is ₽36296 per week

₽23908
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2861
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8969
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽118838
₽97210
₽120566
₽114610
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
243 000
income
-
-
-
76 445
pensions
-
-
-
10 365
total
-
-
-
86 810
Employee
51 271
-
211 665
-
income
9 337
-
62 023
-
pensions
3 913
-
12 267
-
health
669
-
2 813
-
total
13 919
-
77 103
-
Employer
51 271
-
211 665
-
pensions
5 180
-
27 313
-
health
974
-
4 022
-
total
6 154
-
31 335
-
Corporate
185 574
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.

35 259
46 171
-
-
total
35 259
46 171
-
-
Dividends
150 315
196 829
-
-
withholding
29 750
44 867
-
-
total
29 750
44 867
-
-
Income
243 000
243 000
243 000
243 000
Total tax
85 082
91 038
108 438
86 810
After tax
157 918
151 962
134 562
156 190
Living cost
37 352
37 352
37 352
37 352
Free-cash
120 566
114 610
97 210
118 838

Estimated living cost  is ₽37352 per week

₽25623
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3435
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽467
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7824
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽142144
₽110638
₽16043
-₽4045
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
369
accident
-
-
-
252
health
-
-
-
2 172
income
-
-
-
70 190
pensions
-
-
-
4 145
total
-
-
-
77 128
Employee
37 325
-
222 845
-
income
5 121
-
55 364
-
pensions
4 203
-
7 599
-
health
4 274
-
25 516
-
total
13 598
-
88 479
-
Employer
37 325
-
222 845
-
pensions
6 069
-
10 974
-
accident
623
-
3 721
-
unemployment
914
-
5 460
-
total
7 606
-
20 155
-
Corporate
198 068
243 000
-
-
income

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

178 261
218 700
-
-
total
178 261
218 700
-
-
Dividends
19 807
24 300
-
-
withholding
3 764
4 617
-
-
total
3 764
4 617
-
-
Income
243 000
243 000
243 000
243 000
Total tax
203 229
223 317
108 634
77 128
After tax
39 771
19 683
134 366
165 872
Living cost
23 728
23 728
23 728
23 728
Free-cash
16 043
-4 045
110 638
142 144

Estimated living cost  is ₽23728 per week

₽17414
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1383
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4454
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽144465
₽166443
₽169370
₽172394
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
work injury
-
-
-
799
unemployment
-
-
-
1 918
income
-
-
-
41 077
health insurance
-
-
-
11 829
pensions
-
-
-
29 411
total
-
-
-
85 034
Employee

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

21 601
-
243 000
-
income
2 160
-
41 077
-
work injury
108
-
400
-
pensions
3 975
-
14 706
-
unemployment
259
-
959
-
health insurance
1 598
-
5 914
-
total
8 100
-
63 056
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
221 399
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%.

22 140
24 300
-
-
total
22 140
24 300
-
-
Dividends
199 259
218 700
-
-
withholding
29 889
32 805
-
-
total
29 889
32 805
-
-
Income
243 000
243 000
243 000
243 000
Total tax
60 129
57 105
63 056
85 034
After tax
182 871
185 895
179 944
157 966
Living cost
13 501
13 501
13 501
13 501
Free-cash
169 370
172 394
166 443
144 465

Estimated living cost  is ₽13501 per week

₽8364
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽981
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽421
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3735
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75284
₽67069
₽83615
₽88161
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
50 044
municipal
-
-
-
1 736
national
-
-
-
70 011
regional
-
-
-
6 092
total
-
-
-
127 883
Employee
84 257
-
243 000
-
national
14 239
-
63 319
-
social contributions
28 411
-
65 609
-
municipal
503
-
1 596
-
regional
1 272
-
5 574
-
total
44 425
-
136 098
-
Employer
84 257
-
243 000
-
total
-
-
-
-
Corporate
158 743
243 000
-
-
nationa
38 097
58 321
-
-
municipal
7 651
11 713
-
-
total
45 748
70 034
-
-
Dividends
112 995
172 966
-
-
withholding
29 379
44 972
-
-
total
29 379
44 972
-
-
Income
243 000
243 000
243 000
243 000
Total tax
119 552
115 006
136 098
127 883
After tax
123 448
127 994
106 902
115 117
Living cost
39 833
39 833
39 833
39 833
Free-cash
83 615
88 161
67 069
75 284

Estimated living cost  is ₽39833 per week

₽27980
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2740
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽601
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8510
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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