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
₽ 244000
per

Your estimated
City
free-cash

Dresden , Germany
₽104799
₽120306
₽94364
₽88783
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
244 000
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.

-
-
-
6 445
trade
-
-
-
31 523
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.

-
-
-
84 054
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.

-
-
-
4 622
total
-
-
-
126 644
Employee

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

36 081
-
244 000
-
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.

6 445
-
6 445
-
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.

1 008
-
84 054
-
surtax

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

55
-
4 622
-
total
7 508
-
95 121
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
207 919
244 000
-
-
income
31 188
36 600
-
-
chamber of commerce
442
494
-
-
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.

1 715
2 012
-
-
trade
32 747
38 429
-
-
total
66 092
77 535
-
-
Dividends
141 826
166 464
-
-
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.

1 930
2 270
-
-
withholding
35 098
41 258
-
-
total
37 028
43 528
-
-
Income
244 000
244 000
244 000
244 000
Total tax
110 628
121 063
95 121
126 644
After tax
133 372
122 937
148 879
117 356
Living cost
28 573
28 573
28 573
28 573
Free-cash
104 799
94 364
120 306
88 783

Estimated living cost  is ₽28573 per week

₽17973
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3331
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽533
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6735
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽101530
₽88775
₽102360
₽87465
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
244 000
social contributions
-
-
-
2 623
municipal
-
-
-
27 230
pensions
-
-
-
29 280
national
-
-
-
47 506
total
-
-
-
106 639
Employee
77 348
-
210 936
-
pensions
3 094
-
8 437
-
municipal
9 554
-
28 175
-
national
14 804
-
49 574
-
total
27 452
-
86 186
-
Employer
77 348
-
210 936
-
pensions
6 188
-
16 875
-
social contributions
831
-
2 268
-
total
7 019
-
19 143
-
Corporate
154 528
244 000
-
-
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%.

30 906
48 800
-
-
total
30 906
48 800
-
-
Dividends
123 622
195 200
-
-
withholding
27 197
42 944
-
-
total
27 197
42 944
-
-
Income
244 000
244 000
244 000
244 000
Total tax
92 574
91 744
105 329
106 639
After tax
151 426
152 256
138 671
137 361
Living cost
49 896
49 896
49 896
49 896
Free-cash
101 530
102 360
88 775
87 465

Estimated living cost  is ₽49896 per week

₽33914
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4638
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽747
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10597
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽167835
₽88132
₽175575
₽71263
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
244 000
social contributions

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

-
-
-
36 143
income
-
-
-
54 748
surtax
-
-
-
62 221
microenterprise
-
-
-
-
total
-
-
-
153 112
Employee
27 565
-
195 420
-
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.

3 033
-
12 366
-
income
4 907
-
46 961
-
surtax
-
-
28 337
-
total
7 940
-
87 664
-
Employer
27 565
-
195 420
-
surtax
-
-
21 496
-
social contributions

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

6 640
-
27 083
-
total
6 640
-
48 579
-
Corporate
209 795
244 000
-
-
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%.

41 960
48 800
-
-
total
41 960
48 800
-
-
Dividends

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

167 836
195 200
-
-
total
-
-
-
-
Income
244 000
244 000
244 000
244 000
Total tax
56 540
48 800
136 243
153 112
After tax
187 460
195 200
107 757
90 888
Living cost
19 625
19 625
19 625
19 625
Free-cash
167 835
175 575
88 132
71 263

Estimated living cost  is ₽19625 per week

₽12520
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1869
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽446
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4790
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76666
₽116476
₽82445
₽89775
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
244 000
health
-
-
-
11 632
income
-
-
-
92 023
pensions
-
-
-
11 052
total
-
-
-
114 707
Employee
80 557
80 557
226 469
-
pensions
14 500
11 052
11 052
-
health
12 365
10 517
11 632
-
income

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

13 186
13 186
47 791
-
total
40 051
34 755
70 475
-
Employer
80 557
80 557
226 469
-
pensions
5 607
5 607
6 969
-
health
5 600
5 600
6 958
-
unemployment
2 900
2 900
3 604
-
total
14 107
14 107
17 531
-
Corporate
150 324
149 336
-
-
income
30 064
29 867
-
-
total
30 064
29 867
-
-
Dividends
120 260
119 469
-
-
income
25 555
25 388
-
-
withholding
18 039
17 920
-
-
total
43 594
43 308
-
-
Income
244 000
244 000
244 000
244 000
Total tax
127 816
122 037
88 006
114 707
After tax
116 184
121 963
155 994
129 293
Living cost
39 518
39 518
39 518
39 518
Free-cash
76 666
82 445
116 476
89 775

Estimated living cost  is ₽39518 per week

₽28005
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3562
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽628
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7322
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93386
₽80942
₽94261
₽81888
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
244 000
accident
-
-
-
171
health
-
-
-
5 328
municipal
-
-
-
65 384
pensions
-
-
-
9 231
other
-
-
-
9 923
unemployment
-
-
-
85
national
-
-
-
33 027
total
-
-
-
123 149
Employee
55 519
-
217 169
-
municipal
16 556
-
64 760
-
national
-
-
32 504
-
total
16 556
-
97 264
-
Employer
55 519
-
217 169
-
pensions
6 002
-
9 231
-
other
6 451
-
9 923
-
health
3 414
-
5 252
-
unemployment
1 466
-
2 254
-
accident
111
-
171
-
total
17 444
-
26 831
-
Corporate
171 037
244 000
-
-
income
37 628
53 680
-
-
total
37 628
53 680
-
-
Dividends
133 409
190 320
-
-
withholding
40 023
57 096
-
-
total
40 023
57 096
-
-
Income
244 000
244 000
244 000
244 000
Total tax
111 651
110 776
124 095
123 149
After tax
132 349
133 224
119 905
120 851
Living cost
38 963
38 963
38 963
38 963
Free-cash
93 386
94 261
80 942
81 888

Estimated living cost  is ₽38963 per week

₽25823
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3823
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8725
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97878
₽111821
₽84625
₽78898
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
244 000
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.

-
-
-
6 445
trade
-
-
-
32 923
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.

-
-
-
84 054
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.

-
-
-
4 622
total
-
-
-
128 044
Employee

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

47 839
-
244 000
-
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.

6 445
-
6 445
-
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.

4 110
-
84 054
-
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
-
4 622
-
total
10 781
-
95 121
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
196 161
244 000
-
-
income
29 425
36 600
-
-
chamber of commerce
422
491
-
-
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.

1 618
2 012
-
-
trade
32 268
40 137
-
-
total
63 733
79 240
-
-
Dividends
132 428
164 760
-
-
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.

1 801
2 245
-
-
withholding
32 749
40 832
-
-
total
34 550
43 077
-
-
Income
244 000
244 000
244 000
244 000
Total tax
109 064
122 317
95 121
128 044
After tax
134 936
121 683
148 879
115 956
Living cost
37 058
37 058
37 058
37 058
Free-cash
97 878
84 625
111 821
78 898

Estimated living cost  is ₽37058 per week

₽24785
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3908
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7812
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽143238
₽130345
₽147149
₽132279
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
244 000
social contributions
-
-
-
15 263
health
-
-
-
6 223
income
-
-
-
59 638
total
-
-
-
81 124
Employee
72 538
72 538
231 596
-
health
721
1 233
3 937
-
social contributions
3 525
6 020
8 120
-
income
7 617
6 715
58 597
-
total
11 863
13 968
70 654
-
Employer
72 538
72 538
231 596
-
health
786
1 343
4 284
-
social contributions
3 525
6 020
8 120
-
total
4 311
7 363
12 404
-
Corporate
197 229
164 099
-
-
income
24 654
20 512
-
-
total
24 654
20 512
-
-
Dividends
172 575
143 587
-
-
withholding
29 337
24 411
-
-
total
29 337
24 411
-
-
Income
244 000
244 000
244 000
244 000
Total tax
70 165
66 254
83 058
81 124
After tax
173 835
177 746
160 942
162 876
Living cost
30 597
30 597
30 597
30 597
Free-cash
143 238
147 149
130 345
132 279

Estimated living cost  is ₽30597 per week

₽20916
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2390
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽514
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6778
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽119884
₽124062
₽119521
₽151645
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
244 000
health
-
-
-
17 080
income
-
-
-
29 829
pensions
-
-
-
24 400
unemployment
-
-
-
3 660
total
-
-
-
74 969
Employee

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

The minimum wage is 138,000 HUF per month.

25 096
9 988
204 184
-
unemployment
376
150
3 063
-
pensions
2 510
999
20 418
-
health
1 757
699
14 293
-
income
3 068
1 221
24 962
-
total
7 711
3 069
62 736
-
Employer

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

The minimum wage is 138,000 HUF per month.

25 096
9 988
204 184
-
pensions
4 894
1 948
39 816
-
total
4 894
1 948
39 816
-
Corporate
214 010
232 064
-
-
income
19 261
20 886
-
-
total
19 261
20 886
-
-
Dividends
194 749
211 179
-
-
social contributions
37 862
41 066
-
-
withholding
37 002
40 124
-
-
total
74 864
81 190
-
-
Income
244 000
244 000
244 000
244 000
Total tax
106 730
107 093
102 552
74 969
After tax
137 270
136 907
141 448
169 031
Living cost
17 386
17 386
17 386
17 386
Free-cash
119 884
119 521
124 062
151 645

Estimated living cost  is ₽17386 per week

₽11864
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1422
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.
₽3752
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽166554
₽117852
₽172415
₽107999
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
244 000
health
-
-
-
31 720
income
-
-
-
32 696
pensions
-
-
-
48 800
total
-
-
-
113 216
Employee
26 761
-
182 361
-
unemployment
428
-
2 918
-
pensions
535
-
3 647
-
income
3 013
-
35 159
-
total
3 976
-
41 724
-
Employer
26 761
-
182 361
-
pensions
5 353
-
36 473
-
health
3 478
-
23 707
-
unemployment
215
-
1 459
-
total
9 046
-
61 639
-
Corporate
208 193
244 000
-
-
income
41 639
48 800
-
-
total
41 639
48 800
-
-
Dividends
166 554
195 200
-
-
total
-
-
-
-
Income
244 000
244 000
244 000
244 000
Total tax
54 661
48 800
103 363
113 216
After tax
189 339
195 200
140 637
130 784
Living cost
22 785
22 785
22 785
22 785
Free-cash
166 554
172 415
117 852
107 999

Estimated living cost  is ₽22785 per week

₽15628
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1357
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5342
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16533
₽114112
-₽1306
₽145457
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
244 000
accident
-
-
-
242
health
-
-
-
2 089
income
-
-
-
70 802
pensions
-
-
-
3 985
other
-
-
-
355
total
-
-
-
77 473
Employee
33 145
-
224 211
-
pensions
3 732
-
7 307
-
health
3 795
-
25 672
-
income
4 547
-
56 050
-
total
12 074
-
89 029
-
Employer
33 145
-
224 211
-
pensions
5 390
-
10 552
-
unemployment
812
-
5 493
-
accident
553
-
3 744
-
total
6 755
-
19 789
-
Corporate
204 101
244 000
-
-
income

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

183 690
219 600
-
-
total
183 690
219 600
-
-
Dividends
20 410
24 400
-
-
withholding
3 878
4 636
-
-
total
3 878
4 636
-
-
Income
244 000
244 000
244 000
244 000
Total tax
206 397
224 236
108 818
77 473
After tax
37 603
19 764
135 182
166 527
Living cost
21 070
21 070
21 070
21 070
Free-cash
16 533
-1 306
114 112
145 457

Estimated living cost  is ₽21070 per week

₽15443
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1167
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽440
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4021
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽222661
₽187504
₽224104
₽233864
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
244 000
microenterprise

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

-
-
-
2 440
total
-
-
-
2 440
Employee
9 619
-
244 000
-
income
1 924
-
48 800
-
total
1 924
-
48 800
-
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%.

234 381
244 000
-
-
total
-
-
-
-
Dividends
234 381
244 000
-
-
withholding
11 719
12 200
-
-
total
11 719
12 200
-
-
Income
244 000
244 000
244 000
244 000
Total tax
13 643
12 200
48 800
2 440
After tax
230 357
231 800
195 200
241 560
Living cost
7 696
7 696
7 696
7 696
Free-cash
222 661
224 104
187 504
233 864

Estimated living cost  is ₽7696 per week

₽4769
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽640
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽212
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2075
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽147760
₽124249
₽154132
₽126192
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
244 000
health
-
-
-
6 312
income
-
-
-
45 119
pensions

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

-
-
-
34 428
other
-
-
-
6 813
total
-
-
-
92 672
Employee
34 252
-
207 339
-
unemployment
342
-
1 434
-
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.

2 397
-
10 041
-
health
480
-
2 009
-
income
5 897
-
44 471
-
total
9 116
-
57 955
-
Employer
34 252
-
207 339
-
pensions

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

5 823
-
24 387
-
other
1 713
-
7 171
-
health
480
-
2 009
-
unemployment
342
-
1 434
-
accident
274
-
1 659
-
total
8 632
-
36 660
-
Corporate
201 116
244 000
-
-
income
42 234
51 240
-
-
total
42 234
51 240
-
-
Dividends
158 883
192 760
-
-
withholding
11 122
13 492
-
-
total
11 122
13 492
-
-
Income
244 000
244 000
244 000
244 000
Total tax
71 104
64 732
94 615
92 672
After tax
172 896
179 268
149 385
151 328
Living cost
25 136
25 136
25 136
25 136
Free-cash
147 760
154 132
124 249
126 192

Estimated living cost  is ₽25136 per week

₽17760
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1697
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.
₽5274
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96666
₽72355
₽89237
₽93987
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
244 000
income
-
-
-
78 391
pensions
-
-
-
9 931
total
-
-
-
88 322
Employee
87 284
-
212 394
-
pensions
8 421
-
11 616
-
health
1 438
-
2 763
-
income
15 734
-
63 969
-
total
25 593
-
78 348
-
Employer
87 284
-
212 394
-
pensions
10 306
-
27 571
-
health
1 658
-
4 035
-
total
11 964
-
31 606
-
Corporate
144 753
244 000
-
-
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.

27 502
46 361
-
-
total
27 502
46 361
-
-
Dividends
117 250
197 639
-
-
withholding
20 584
46 711
-
-
total
20 584
46 711
-
-
Income
244 000
244 000
244 000
244 000
Total tax
85 643
93 072
109 954
88 322
After tax
158 357
150 928
134 046
155 678
Living cost
61 691
61 691
61 691
61 691
Free-cash
96 666
89 237
72 355
93 987

Estimated living cost  is ₽61691 per week

₽46226
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7248
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽502
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7716
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽191865
₽196635
₽196248
₽186227
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
244 000
health
-
-
-
3 791
income
-
-
-
36 600
pensions

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

-
-
-
4 878
unemployment
-
-
-
132
total
-
-
-
45 401
Employee
16 383
-
237 533
-
accident

We are using the highest rate at 1.1%.

180
-
363
-
pensions

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

1 438
-
2 894
-
health
754
-
1 516
-
income
1 638
-
23 753
-
total
4 010
-
28 526
-
Employer
16 383
-
237 533
-
pensions

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

1 806
-
3 632
-
health
1 131
-
2 274
-
unemployment
98
-
198
-
accident

We are using the highest rate at 1.1%.

180
-
363
-
total
3 215
-
6 467
-
Corporate
224 403
244 000
-
-
income
22 440
24 400
-
-
total
22 440
24 400
-
-
Dividends
201 962
219 600
-
-
withholding
10 098
10 980
-
-
total
10 098
10 980
-
-
Income
244 000
244 000
244 000
244 000
Total tax
39 763
35 380
34 993
45 401
After tax
204 237
208 620
209 007
198 599
Living cost
12 372
12 372
12 372
12 372
Free-cash
191 865
196 248
196 635
186 227

Estimated living cost  is ₽12372 per week

₽7223
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽884
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽328
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3938
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72027
₽103684
₽69653
₽76983
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
244 000
health
-
-
-
11 632
income
-
-
-
92 023
pensions
-
-
-
11 052
total
-
-
-
114 707
Employee
87 459
80 557
226 469
-
pensions
11 052
11 052
11 052
-
health
10 911
10 517
11 632
-
income

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

13 186
13 186
47 791
-
total
35 149
34 755
70 475
-
Employer
87 459
80 557
226 469
-
pensions
6 087
5 607
6 969
-
health
6 078
5 600
6 958
-
unemployment
3 149
2 900
3 604
-
total
15 314
14 107
17 531
-
Corporate
141 227
149 336
-
-
income
28 245
29 867
-
-
total
28 245
29 867
-
-
Dividends
112 982
119 469
-
-
income
24 008
25 388
-
-
withholding
16 947
17 920
-
-
total
40 955
43 308
-
-
Income
244 000
244 000
244 000
244 000
Total tax
119 663
122 037
88 006
114 707
After tax
124 337
121 963
155 994
129 293
Living cost
52 310
52 310
52 310
52 310
Free-cash
72 027
69 653
103 684
76 983

Estimated living cost  is ₽52310 per week

₽38587
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4672
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽600
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8451
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽136214
₽111977
₽144571
₽122994
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
244 000
social contributions
-
-
-
33 705
health
-
-
-
32 940
income
-
-
-
26 603
solidarity contribution
-
-
-
4 335
total
-
-
-
97 583
Employee
34 446
-
197 379
-
solidarity contribution
-
-
3 346
-
health
4 650
-
26 646
-
social contributions
2 239
-
7 503
-
income
4 134
-
24 484
-
total
11 023
-
61 979
-
Employer
34 446
-
197 379
-
health
3 100
-
17 764
-
social contributions
8 612
-
28 857
-
total
11 712
-
46 621
-
Corporate
197 842
244 000
-
-
income
37 590
46 360
-
-
total
37 590
46 360
-
-
Dividends
160 252
197 640
-
-
withholding
24 038
29 646
-
-
total
24 038
29 646
-
-
Income
244 000
244 000
244 000
244 000
Total tax
84 363
76 006
108 600
97 583
After tax
159 637
167 994
135 400
146 417
Living cost
23 423
23 423
23 423
23 423
Free-cash
136 214
144 571
111 977
122 994

Estimated living cost  is ₽23423 per week

₽16270
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1666
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.
₽5026
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85453
₽71780
₽90377
₽79778
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
244 000
social contributions
-
-
-
47 214
municipal
-
-
-
1 574
regional
-
-
-
3 237
national
-
-
-
72 391
total
-
-
-
124 416
Employee
83 838
-
244 000
-
regional
791
-
2 981
-
municipal
444
-
1 457
-
national
14 527
-
66 077
-
social contributions
28 270
-
61 899
-
total
44 032
-
132 414
-
Employer
83 838
-
244 000
-
total
-
-
-
-
Corporate
160 162
244 000
-
-
municipal
6 246
9 517
-
-
nationa
38 438
58 560
-
-
total
44 684
68 077
-
-
Dividends
115 478
175 924
-
-
withholding
30 025
45 740
-
-
total
30 025
45 740
-
-
Income
244 000
244 000
244 000
244 000
Total tax
118 741
113 817
132 414
124 416
After tax
125 259
130 183
111 586
119 584
Living cost
39 806
39 806
39 806
39 806
Free-cash
85 453
90 377
71 780
79 778

Estimated living cost  is ₽39806 per week

₽27748
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2610
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽610
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8836
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽129722
₽87850
₽132661
₽93620
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
244 000
health
-
-
-
8 938
income
-
-
-
81 103
surtax
-
-
-
14 128
pensions
-
-
-
25 180
other
-
-
-
-
unemployment
-
-
-
215
total
-
-
-
129 564
Employee
31 196
-
217 498
-
unemployment
2 171
-
8 763
-
pensions
2 080
-
8 398
-
health
797
-
3 210
-
income
5 229
-
75 461
-
other
-
-
-
-
surtax
102
-
13 000
-
total
10 379
-
108 832
-
Employer
31 196
-
217 498
-
pensions
4 159
-
16 783
-
other
-
-
-
-
health
1 420
-
5 729
-
unemployment
988
-
3 990
-
total
6 567
-
26 502
-
Corporate
206 238
244 000
-
-
income
53 623
63 440
-
-
total
53 623
63 440
-
-
Dividends
152 615
180 560
-
-
withholding
22 893
27 083
-
-
total
22 893
27 083
-
-
Income
244 000
244 000
244 000
244 000
Total tax
93 462
90 523
135 334
129 564
After tax
150 538
153 477
108 666
114 436
Living cost
20 816
20 816
20 816
20 816
Free-cash
129 722
132 661
87 850
93 620

Estimated living cost  is ₽20816 per week

₽12728
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1921
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5687
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽114878
₽91900
₽108782
₽113532
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
244 000
income
-
-
-
78 391
pensions
-
-
-
9 931
total
-
-
-
88 322
Employee
58 495
-
212 394
-
pensions
4 965
-
11 616
-
health
849
-
2 763
-
income
10 535
-
63 969
-
total
16 349
-
78 348
-
Employer
58 495
-
212 394
-
pensions
6 332
-
27 571
-
health
1 111
-
4 035
-
total
7 443
-
31 606
-
Corporate
178 061
244 000
-
-
income

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

33 832
46 361
-
-
total
33 832
46 361
-
-
Dividends
144 229
197 639
-
-
withholding
29 352
46 711
-
-
total
29 352
46 711
-
-
Income
244 000
244 000
244 000
244 000
Total tax
86 976
93 072
109 954
88 322
After tax
157 024
150 928
134 046
155 678
Living cost
42 146
42 146
42 146
42 146
Free-cash
114 878
108 782
91 900
113 532

Estimated living cost  is ₽42146 per week

₽31575
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3159
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽441
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6970
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽68622
₽109206
₽36503
₽116673
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
244 000
health
-
-
-
550
pensions
-
-
-
22 449
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.

-
-
-
4 880
regional
-
-
-
14 364
city
-
-
-
2 572
national
-
-
-
7 440
total
-
-
-
52 255
Employee
87 853
-
220 182
-
unemployment
-
-
-
-
pensions
7 381
-
16 497
-
regional
2 877
-
12 855
-
national
416
-
6 088
-
health
199
-
496
-
city
943
-
2 389
-
total
11 816
-
38 325
-
Employer
87 853
-
220 182
-
pensions
7 381
-
16 497
-
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.

1 757
-
4 404
-
health
199
-
496
-
unemployment
-
-
-
-
total
9 337
-
21 397
-
Corporate
145 845
244 000
-
-
regional
30 846
51 606
-
-
national
12 396
20 741
-
-
total
43 242
72 347
-
-
Dividends
102 603
171 653
-
-
withholding
35 911
60 078
-
-
total
35 911
60 078
-
-
Income
244 000
244 000
244 000
244 000
Total tax
100 306
132 425
59 722
52 255
After tax
143 694
111 575
184 278
191 745
Living cost
75 072
75 072
75 072
75 072
Free-cash
68 622
36 503
109 206
116 673

Estimated living cost  is ₽75072 per week

₽48818
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6737
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽922
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18595
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽92509
₽105664
₽77211
₽71339
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
244 000
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.

-
-
-
6 445
trade
-
-
-
34 325
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.

-
-
-
84 054
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.

-
-
-
4 622
total
-
-
-
129 446
Employee

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

56 693
-
244 000
-
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.

6 445
-
6 445
-
income

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

6 667
-
84 054
-
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.

367
-
4 622
-
total
13 479
-
95 121
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
187 307
244 000
-
-
income
28 097
36 600
-
-
chamber of commerce
406
487
-
-
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.

1 545
2 012
-
-
trade
32 123
41 847
-
-
total
62 171
80 946
-
-
Dividends
125 136
163 054
-
-
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.

1 701
2 222
-
-
withholding
30 925
40 406
-
-
total
32 626
42 628
-
-
Income
244 000
244 000
244 000
244 000
Total tax
108 276
123 574
95 121
129 446
After tax
135 724
120 426
148 879
114 554
Living cost
43 215
43 215
43 215
43 215
Free-cash
92 509
77 211
105 664
71 339

Estimated living cost  is ₽43215 per week

₽31562
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3457
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽562
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7635
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96273
₽89324
₽90701
₽98491
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
244 000
social contributions
-
-
-
6 953
health
-
-
-
12 748
income
-
-
-
49 880
surtax
-
-
-
-
pensions
-
-
-
36 090
other
-
-
-
7 563
total
-
-
-
113 234
Employee
40 373
-
184 726
-
pensions
4 565
-
14 552
-
social contributions
1 151
-
5 263
-
income
2 383
-
43 311
-
surtax
-
-
-
-
total
8 099
-
63 126
-
Employer
40 373
-
184 726
-
pensions
6 633
-
24 193
-
other
1 393
-
7 933
-
health
2 827
-
19 113
-
unemployment
1 634
-
7 481
-
social contributions
122
-
555
-
total
12 609
-
59 275
-
Corporate
191 018
244 000
-
-
income
53 485
68 320
-
-
surtax
-
-
-
-
total
53 485
68 320
-
-
Dividends
137 534
175 680
-
-
surtax
-
-
-
-
social contributions
23 655
30 218
-
-
withholding
17 604
22 486
-
-
total
41 259
52 704
-
-
Income
244 000
244 000
244 000
244 000
Total tax
115 452
121 024
122 401
113 234
After tax
128 548
122 976
121 599
130 766
Living cost
32 275
32 275
32 275
32 275
Free-cash
96 273
90 701
89 324
98 491

Estimated living cost  is ₽32275 per week

₽20351
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2624
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8752
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99138
₽92522
₽93899
₽101689
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
244 000
social contributions
-
-
-
6 953
health
-
-
-
12 748
income
-
-
-
49 880
surtax
-
-
-
-
pensions
-
-
-
36 090
other
-
-
-
7 563
total
-
-
-
113 234
Employee
36 039
-
184 726
-
pensions
4 076
-
14 552
-
social contributions
1 028
-
5 263
-
income
1 858
-
43 311
-
surtax
-
-
-
-
total
6 962
-
63 126
-
Employer
36 039
-
184 726
-
pensions
5 922
-
24 193
-
other
1 244
-
7 933
-
health
2 522
-
19 113
-
unemployment
1 459
-
7 481
-
social contributions
107
-
555
-
total
11 254
-
59 275
-
Corporate
196 706
244 000
-
-
income
55 078
68 320
-
-
surtax
-
-
-
-
total
55 078
68 320
-
-
Dividends
141 628
175 680
-
-
surtax
-
-
-
-
social contributions
24 362
30 218
-
-
withholding
18 129
22 486
-
-
total
42 491
52 704
-
-
Income
244 000
244 000
244 000
244 000
Total tax
115 785
121 024
122 401
113 234
After tax
128 215
122 976
121 599
130 766
Living cost
29 077
29 077
29 077
29 077
Free-cash
99 138
93 899
92 522
101 689

Estimated living cost  is ₽29077 per week

₽16863
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2954
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8709
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽129347
₽129376
₽128859
₽136694
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
244 000
social contributions
-
-
-
33 671
health
-
-
-
17 032
income
-
-
-
36 600
total
-
-
-
87 303
Employee
31 985
-
244 000
-
health
2 232
-
17 032
-
social contributions
4 415
-
33 671
-
income
5 335
-
43 918
-
total
11 982
-
94 621
-
Employer
31 985
-
244 000
-
total
-
-
-
-
Corporate
212 015
244 000
-
-
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%.

10 601
12 200
-
-
total
10 601
12 200
-
-
Dividends
201 414
231 800
-
-
health
14 058
16 180
-
-
social contributions
27 796
31 988
-
-
withholding
30 213
34 770
-
-
total
72 067
82 938
-
-
Income
244 000
244 000
244 000
244 000
Total tax
94 650
95 138
94 621
87 303
After tax
149 350
148 862
149 379
156 697
Living cost
20 003
20 003
20 003
20 003
Free-cash
129 347
128 859
129 376
136 694

Estimated living cost  is ₽20003 per week

₽13387
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1233
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4921
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99565
₽29913
₽101021
₽91241
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
244 000
health
-
-
-
8 430
surtax
-
-
-
186
income
-
-
-
83 753
chamber of commerce
-
-
-
976
pensions
-
-
-
20 388
unemployment
-
-
-
5 786
total
-
-
-
119 519
Employee
47 144
37 593
205 166
-
unemployment
1 414
1 128
3 306
-
pensions
4 828
3 849
11 285
-
health
1 824
1 455
4 264
-
income
5 367
2 773
71 658
-
other
471
376
1 103
-
total
13 904
9 581
91 616
-
Employer
47 144
37 593
205 166
-
chamber of commerce
188
150
820
-
pensions
5 916
4 719
13 831
-
other
2 239
1 785
8 938
-
health
1 781
1 421
4 166
-
unemployment
1 414
1 128
3 306
-
accident
612
489
1 432
-
surtax
186
186
186
-
payroll
1 414
1 128
6 155
-
total
13 750
11 006
38 834
-
Corporate
183 104
195 401
201 586
-
income

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

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

45 776
48 850
50 397
-
total
45 776
48 850
50 397
-
Dividends
137 328
146 551
-
-
withholding
37 765
40 302
-
-
total
37 765
40 302
-
-
Income
244 000
244 000
244 000
244 000
Total tax
111 195
109 739
180 847
119 519
After tax
132 805
134 261
63 153
124 481
Living cost
33 240
33 240
33 240
33 240
Free-cash
99 565
101 021
29 913
91 241

Estimated living cost  is ₽33240 per week

₽22169
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2836
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽546
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7689
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87758
₽47164
₽97729
₽71892
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
244 000
social contributions
-
-
-
23 519
communal

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

-
-
-
13 229
national
-
-
-
100 965
total
-
-
-
137 713
Employee

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

67 478
-
188 985
-
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.

587
-
1 643
-
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.

5 061
-
14 175
-
national
20 745
-
72 867
-
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.

3 170
-
8 883
-
communal

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

3 519
-
9 857
-
total
33 082
-
107 425
-
Employer

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

67 478
-
188 985
-
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.

5 979
-
16 743
-
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.

4 150
-
11 624
-
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.

985
-
2 759
-
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.

877
-
2 458
-
surtax
7 651
-
21 432
-
total
19 642
-
55 016
-
Corporate
156 881
244 000
-
-
income
31 376
54 648
-
-
surtax
628
1 094
-
-
total
32 004
55 742
-
-
Dividends
124 876
188 258
-
-
withholding

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

37 119
56 134
-
-
total
37 119
56 134
-
-
Income
244 000
244 000
244 000
244 000
Total tax
121 847
111 876
162 441
137 713
After tax
122 153
132 124
81 559
106 287
Living cost
34 395
34 395
34 395
34 395
Free-cash
87 758
97 729
47 164
71 892

Estimated living cost  is ₽34395 per week

₽22155
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3007
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8695
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽121172
₽98036
₽127634
₽101992
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
244 000
accident
-
-
-
788
income
-
-
-
81 708
pensions
-
-
-
24 744
other
-
-
-
88
unemployment
-
-
-
612
total
-
-
-
107 940
Employee
46 957
-
216 125
-
unemployment
729
-
1 355
-
pensions
2 207
-
4 110
-
income
9 908
-
78 469
-
other
47
-
88
-
total
12 891
-
84 022
-
Employer
46 957
-
216 125
-
pensions
11 081
-
20 635
-
other
374
-
700
-
unemployment
2 583
-
4 808
-
accident
929
-
1 731
-
total
14 967
-
27 874
-
Corporate
182 075
244 000
-
-
income

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

27 311
36 600
-
-
total
27 311
36 600
-
-
Dividends
154 765
207 400
-
-
withholding
33 591
45 698
-
-
total
33 591
45 698
-
-
Income
244 000
244 000
244 000
244 000
Total tax
88 760
82 298
111 896
107 940
After tax
155 240
161 702
132 104
136 060
Living cost
34 068
34 068
34 068
34 068
Free-cash
121 172
127 634
98 036
101 992

Estimated living cost  is ₽34068 per week

₽25087
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2417
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6072
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71155
₽70264
₽84127
₽63231
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
244 000
accident
-
-
-
1 881
health
-
-
-
15 678
income
-
-
-
50 648
surtax
-
-
-
12 431
pensions
-
-
-
33 446
communal
-
-
-
15 420
total
-
-
-
129 504
Employee
71 438
-
217 955
-
pensions
5 714
-
17 436
-
health
3 179
-
9 699
-
income
6 900
-
55 933
-
surtax
4 379
-
13 358
-
total
20 172
-
96 426
-
Employer
71 438
-
217 955
-
pensions
5 714
-
17 436
-
health
2 179
-
6 647
-
accident
643
-
1 962
-
total
8 536
-
26 045
-
Corporate
164 026
244 000
-
-
income
24 604
36 600
-
-
communal
11 072
16 470
-
-
surtax
1 722
2 562
-
-
total
37 398
55 632
-
-
Dividends
126 628
188 369
-
-
income
36 480
24 720
-
-
withholding
18 994
28 256
-
-
total
55 474
52 976
-
-
Income
244 000
244 000
244 000
244 000
Total tax
121 580
108 608
122 471
129 504
After tax
122 420
135 392
121 529
114 496
Living cost
51 265
51 265
51 265
51 265
Free-cash
71 155
84 127
70 264
63 231

Estimated living cost  is ₽51265 per week

₽38456
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3106
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽542
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9158
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽129284
₽87478
₽132289
₽93248
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
244 000
health
-
-
-
8 938
income
-
-
-
81 103
surtax
-
-
-
14 128
pensions
-
-
-
25 180
other
-
-
-
-
unemployment
-
-
-
215
total
-
-
-
129 564
Employee
31 768
-
217 498
-
unemployment
2 211
-
8 763
-
pensions
2 120
-
8 398
-
health
811
-
3 210
-
income
5 326
-
75 461
-
other
-
-
-
-
surtax
113
-
13 000
-
total
10 581
-
108 832
-
Employer
31 768
-
217 498
-
pensions
4 236
-
16 783
-
other
-
-
-
-
health
1 445
-
5 729
-
unemployment
1 008
-
3 990
-
total
6 689
-
26 502
-
Corporate
205 544
244 000
-
-
income
53 442
63 440
-
-
total
53 442
63 440
-
-
Dividends
152 102
180 560
-
-
withholding
22 816
27 083
-
-
total
22 816
27 083
-
-
Income
244 000
244 000
244 000
244 000
Total tax
93 528
90 523
135 334
129 564
After tax
150 472
153 477
108 666
114 436
Living cost
21 188
21 188
21 188
21 188
Free-cash
129 284
132 289
87 478
93 248

Estimated living cost  is ₽21188 per week

₽12793
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1842
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6063
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽100747
₽85459
₽102839
₽93414
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
244 000
social contributions
-
-
-
47 214
municipal
-
-
-
1 574
regional
-
-
-
3 995
national
-
-
-
72 391
total
-
-
-
125 174
Employee
52 328
-
244 000
-
regional
704
-
3 696
-
municipal
277
-
1 457
-
national
8 290
-
66 077
-
social contributions
17 646
-
61 899
-
total
26 917
-
133 129
-
Employer
52 328
-
244 000
-
total
-
-
-
-
Corporate
191 672
244 000
-
-
municipal
9 525
12 127
-
-
nationa
46 002
58 560
-
-
total
55 527
70 687
-
-
Dividends
136 144
173 314
-
-
withholding
35 397
45 062
-
-
total
35 397
45 062
-
-
Income
244 000
244 000
244 000
244 000
Total tax
117 841
115 749
133 129
125 174
After tax
126 159
128 251
110 871
118 826
Living cost
25 412
25 412
25 412
25 412
Free-cash
100 747
102 839
85 459
93 414

Estimated living cost  is ₽25412 per week

₽15804
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2574
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽435
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6599
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽128833
₽106536
₽139130
₽117553
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
244 000
social contributions
-
-
-
33 705
health
-
-
-
32 940
income
-
-
-
26 603
solidarity contribution
-
-
-
4 335
total
-
-
-
97 583
Employee
42 446
-
197 379
-
solidarity contribution
-
-
3 346
-
health
5 730
-
26 646
-
social contributions
2 759
-
7 503
-
income
5 094
-
24 484
-
total
13 583
-
61 979
-
Employer
42 446
-
197 379
-
health
3 820
-
17 764
-
social contributions
10 612
-
28 857
-
total
14 432
-
46 621
-
Corporate
187 122
244 000
-
-
income
35 553
46 360
-
-
total
35 553
46 360
-
-
Dividends
151 569
197 640
-
-
withholding
22 735
29 646
-
-
total
22 735
29 646
-
-
Income
244 000
244 000
244 000
244 000
Total tax
86 303
76 006
108 600
97 583
After tax
157 697
167 994
135 400
146 417
Living cost
28 864
28 864
28 864
28 864
Free-cash
128 833
139 130
106 536
117 553

Estimated living cost  is ₽28864 per week

₽21465
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1599
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽499
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5300
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽103801
₽33099
₽104266
₽94571
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
244 000
health
-
-
-
8 430
surtax
-
-
-
-
income
-
-
-
83 753
chamber of commerce
-
-
-
976
pensions
-
-
-
20 388
unemployment
-
-
-
5 786
total
-
-
-
119 333
Employee
41 236
37 593
205 340
-
unemployment
1 237
1 128
3 306
-
pensions
4 223
3 849
11 285
-
health
1 595
1 455
4 264
-
income
3 673
2 773
71 746
-
other
412
376
1 103
-
total
11 140
9 581
91 704
-
Employer
41 236
37 593
205 340
-
chamber of commerce
165
150
822
-
pensions
5 175
4 719
13 831
-
other
1 958
1 785
8 944
-
health
1 559
1 421
4 166
-
unemployment
1 237
1 128
3 306
-
accident
535
489
1 432
-
surtax
-
-
-
-
payroll
1 237
1 128
6 160
-
total
11 866
10 820
38 661
-
Corporate
190 897
195 587
201 759
-
income

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

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

47 724
48 897
50 440
-
total
47 724
48 897
50 440
-
Dividends
143 173
146 690
-
-
withholding
39 373
40 340
-
-
total
39 373
40 340
-
-
Income
244 000
244 000
244 000
244 000
Total tax
110 103
109 638
180 805
119 333
After tax
133 897
134 362
63 195
124 667
Living cost
30 096
30 096
30 096
30 096
Free-cash
103 801
104 266
33 099
94 571

Estimated living cost  is ₽30096 per week

₽18054
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3074
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽537
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8432
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽217559
₽183208
₽219808
₽229568
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
244 000
microenterprise

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

-
-
-
2 440
total
-
-
-
2 440
Employee
14 990
-
244 000
-
income
2 998
-
48 800
-
total
2 998
-
48 800
-
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%.

229 010
244 000
-
-
total
-
-
-
-
Dividends
229 010
244 000
-
-
withholding
11 451
12 200
-
-
total
11 451
12 200
-
-
Income
244 000
244 000
244 000
244 000
Total tax
14 449
12 200
48 800
2 440
After tax
229 551
231 800
195 200
241 560
Living cost
11 992
11 992
11 992
11 992
Free-cash
217 559
219 808
183 208
229 568

Estimated living cost  is ₽11992 per week

₽8115
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽503
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽402
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2971
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽134802
₽79328
₽142692
₽84624
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
244 000
health
-
-
-
24 010
income
-
-
-
65 138
pensions
-
-
-
44 561
unemployment
-
-
-
365
total
-
-
-
134 074
Employee

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

41 715
-
211 127
-
unemployment
59
-
295
-
pensions
6 466
-
32 724
-
health
2 694
-
13 639
-
income
7 194
-
59 839
-
total
16 413
-
106 497
-
Employer

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

41 715
-
211 127
-
pensions
3 691
-
18 684
-
health
2 778
-
14 062
-
unemployment
25
-
127
-
total
6 494
-
32 873
-
Corporate
195 791
244 000
-
-
income
37 200
46 360
-
-
total
37 200
46 360
-
-
Dividends
158 591
197 640
-
-
withholding
23 789
29 645
-
-
total
23 789
29 645
-
-
Income
244 000
244 000
244 000
244 000
Total tax
83 896
76 005
139 370
134 074
After tax
160 104
167 995
104 630
109 926
Living cost
25 302
25 302
25 302
25 302
Free-cash
134 802
142 692
79 328
84 624

Estimated living cost  is ₽25302 per week

₽17365
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1622
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5827
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61962
₽190320
₽107312
₽127486
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
244 000
social contributions
-
-
-
27 816
income
-
-
-
47 560
total
-
-
-
75 376
Employee
58 987
-
-
-
social contributions
4 837
-
689
-
income
13 011
-
-
-
total
17 848
-
689
-
Employer
58 987
-
-
-
social contributions
83 171
-
11 853
-
total
83 171
-
11 853
-
Corporate
101 842
244 000
-
-
income
22 405
53 680
-
-
total
22 405
53 680
-
-
Dividends
79 437
190 320
-
-
income
17 476
41 870
-
-
total
17 476
41 870
-
-
Income
244 000
244 000
244 000
244 000
Total tax
140 900
95 550
12 542
75 376
After tax
103 100
148 450
231 458
168 624
Living cost
41 138
41 138
41 138
41 138
Free-cash
61 962
107 312
190 320
127 486

Estimated living cost  is ₽41138 per week

₽26692
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3869
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.
₽10053
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽108248
₽75847
₽109198
₽96090
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
244 000
social contributions

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

-
-
-
84 789
income
-
-
-
33 531
surtax
-
-
-
-
total
-
-
-
118 320
Employee
43 386
-
197 171
-
social contributions
4 773
-
21 690
-
income
9 024
-
69 237
-
surtax
-
-
807
-
total
13 797
-
91 734
-
Employer
43 386
-
197 171
-
social contributions
10 304
-
46 829
-
total
10 304
-
46 829
-
Corporate
190 310
244 000
-
-
income
39 965
51 240
-
-
surtax
-
-
-
-
total
39 965
51 240
-
-
Dividends
150 344
192 760
-
-
withholding
42 096
53 973
-
-
total
42 096
53 973
-
-
Income
244 000
244 000
244 000
244 000
Total tax
106 162
105 213
138 563
118 320
After tax
137 838
138 787
105 437
125 680
Living cost
29 590
29 590
29 590
29 590
Free-cash
108 248
109 198
75 847
96 090

Estimated living cost  is ₽29590 per week

₽22139
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1745
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5211
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83898
₽76037
₽77414
₽85204
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
244 000
social contributions
-
-
-
6 953
health
-
-
-
12 748
income
-
-
-
49 880
surtax
-
-
-
-
pensions
-
-
-
36 090
other
-
-
-
7 563
total
-
-
-
113 234
Employee
59 083
-
184 726
-
pensions
6 683
-
14 552
-
social contributions
1 683
-
5 263
-
income
5 155
-
43 311
-
surtax
-
-
-
-
total
13 521
-
63 126
-
Employer
59 083
-
184 726
-
pensions
9 708
-
24 193
-
other
2 039
-
7 933
-
health
4 135
-
19 113
-
unemployment
2 393
-
7 481
-
social contributions
177
-
555
-
total
18 452
-
59 275
-
Corporate
166 464
244 000
-
-
income
46 611
68 320
-
-
surtax
-
-
-
-
total
46 611
68 320
-
-
Dividends
119 853
175 680
-
-
surtax
-
-
-
-
social contributions
20 614
30 218
-
-
withholding
15 342
22 486
-
-
total
35 956
52 704
-
-
Income
244 000
244 000
244 000
244 000
Total tax
114 540
121 024
122 401
113 234
After tax
129 460
122 976
121 599
130 766
Living cost
45 562
45 562
45 562
45 562
Free-cash
83 898
77 414
76 037
85 204

Estimated living cost  is ₽45562 per week

₽30836
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽625
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10374
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽188075
₽155143
₽191244
₽148661
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
244 000
social contributions
-
-
-
53 680
income
-
-
-
13 303
total
-
-
-
66 983
Employee
30 327
-
211 254
-
social contributions
1 971
-
13 731
-
income
-
-
14 024
-
total
1 971
-
27 755
-
Employer
30 327
-
211 254
-
social contributions
4 701
-
32 746
-
total
4 701
-
32 746
-
Corporate
208 972
244 000
-
-
income
20 897
24 400
-
-
total
20 897
24 400
-
-
Dividends
188 075
219 600
-
-
total
-
-
-
-
Income
244 000
244 000
244 000
244 000
Total tax
27 569
24 400
60 501
66 983
After tax
216 431
219 600
183 499
177 017
Living cost
28 356
28 356
28 356
28 356
Free-cash
188 075
191 244
155 143
148 661

Estimated living cost  is ₽28356 per week

₽18335
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2137
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽533
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7350
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19428
₽38653
₽38653
₽94010
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
244 000
municipal
-
-
-
53 142
pensions
-
-
-
817
labour market
-
-
-
19 455
national
-
-
-
31 186
total
-
-
-
104 600
Employee
191 582
191 582
191 582
-
pensions
272
272
272
-
municipal
40 796
40 796
40 796
-
national
23 405
23 405
23 405
-
labour market
15 305
15 305
15 305
-
total
79 778
79 778
79 778
-
Employer
191 582
191 582
191 582
-
municipal
40 861
40 861
40 861
-
pensions
545
545
545
-
national
23 446
23 446
23 446
-
labour market
15 327
15 327
15 327
-
total
80 179
80 179
80 179
-
Corporate
38 653
-
-
-
income
8 504
-
-
-
total
8 504
-
-
-
Dividends
30 149
-
-
-
withholding
10 721
-
-
-
total
10 721
-
-
-
Income
244 000
244 000
244 000
244 000
Total tax
179 182
159 957
159 957
104 600
After tax
64 818
84 043
84 043
139 400
Living cost
45 390
45 390
45 390
45 390
Free-cash
19 428
38 653
38 653
94 010

Estimated living cost  is ₽45390 per week

₽31066
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4015
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽698
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9611
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16581
₽114423
-₽995
₽145768
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
244 000
accident
-
-
-
242
health
-
-
-
2 089
income
-
-
-
70 802
pensions
-
-
-
3 985
other
-
-
-
355
total
-
-
-
77 473
Employee
32 656
-
224 211
-
pensions
3 677
-
7 307
-
health
3 739
-
25 672
-
income
4 480
-
56 050
-
total
11 896
-
89 029
-
Employer
32 656
-
224 211
-
pensions
5 310
-
10 552
-
unemployment
800
-
5 493
-
accident
545
-
3 744
-
total
6 655
-
19 789
-
Corporate
204 689
244 000
-
-
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.

184 220
219 600
-
-
total
184 220
219 600
-
-
Dividends
20 469
24 400
-
-
withholding
3 889
4 636
-
-
total
3 889
4 636
-
-
Income
244 000
244 000
244 000
244 000
Total tax
206 660
224 236
108 818
77 473
After tax
37 340
19 764
135 182
166 527
Living cost
20 759
20 759
20 759
20 759
Free-cash
16 581
-995
114 423
145 768

Estimated living cost  is ₽20759 per week

₽15111
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1183
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽390
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4076
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽114758
₽81900
₽110827
₽109851
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
244 000
health
-
-
-
3 364
municipal
-
-
-
43 315
national
-
-
-
51 253
total
-
-
-
97 932
Employee
49 631
-
205 266
-
unemployment
745
-
3 079
-
pensions
3 349
-
13 856
-
municipal
8 129
-
33 401
-
national
820
-
34 044
-
health
371
-
2 768
-
total
13 414
-
87 148
-
Employer
49 631
-
205 266
-
pensions
8 611
-
35 614
-
health
381
-
1 581
-
unemployment
322
-
1 334
-
accident
50
-
206
-
total
9 364
-
38 735
-
Corporate
185 005
244 000
-
-
income
37 001
48 800
-
-
total
37 001
48 800
-
-
Dividends

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

111 003
146 400
-
-
national
13 266
21 805
-
-
municipal
19 980
26 351
-
-
total
33 246
48 156
-
-
Income
244 000
244 000
244 000
244 000
Total tax
93 025
96 956
125 883
97 932
After tax
150 975
147 044
118 117
146 068
Living cost
36 217
36 217
36 217
36 217
Free-cash
114 758
110 827
81 900
109 851

Estimated living cost  is ₽36217 per week

₽23657
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3484
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽576
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8501
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽150773
₽139101
₽155905
₽141035
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
244 000
social contributions
-
-
-
15 263
health
-
-
-
6 223
income
-
-
-
59 638
total
-
-
-
81 124
Employee
72 538
72 538
231 596
-
health
562
1 233
3 937
-
social contributions
2 743
6 020
8 120
-
income
7 898
6 715
58 597
-
total
11 203
13 968
70 654
-
Employer
72 538
72 538
231 596
-
health
610
1 343
4 284
-
social contributions
2 743
6 020
8 120
-
total
3 353
7 363
12 404
-
Corporate
207 603
164 099
-
-
income
25 950
20 512
-
-
total
25 950
20 512
-
-
Dividends
181 653
143 587
-
-
withholding
30 880
24 411
-
-
total
30 880
24 411
-
-
Income
244 000
244 000
244 000
244 000
Total tax
71 386
66 254
83 058
81 124
After tax
172 614
177 746
160 942
162 876
Living cost
21 841
21 841
21 841
21 841
Free-cash
150 773
155 905
139 101
141 035

Estimated living cost  is ₽21841 per week

₽13090
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2143
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6126
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽182284
₽175192
₽187079
₽194112
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
244 000
health
-
-
-
3 414
income
-
-
-
25 469
pensions
-
-
-
6 001
unemployment
-
-
-
27
total
-
-
-
34 911
Employee

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

21 653
-
234 781
-
unemployment
107
-
448
-
pensions
3 247
-
13 426
-
health
1 840
-
7 608
-
income
1 480
-
23 129
-
total
6 674
-
44 611
-
Employer

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

21 653
-
234 781
-
pensions
1 190
-
4 923
-
health
931
-
3 849
-
unemployment
107
-
448
-
total
2 228
-
9 220
-
Corporate
220 118
244 000
-
-
income
19 810
21 960
-
-
total
19 810
21 960
-
-
Dividends
200 308
222 040
-
-
withholding
18 027
19 984
-
-
total
18 027
19 984
-
-
Income
244 000
244 000
244 000
244 000
Total tax
46 739
41 944
53 831
34 911
After tax
197 261
202 056
190 169
209 089
Living cost
14 977
14 977
14 977
14 977
Free-cash
182 284
187 079
175 192
194 112

Estimated living cost  is ₽14977 per week

₽9556
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1079
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽446
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3895
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽131594
₽106163
₽135761
₽110119
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
244 000
accident
-
-
-
788
income
-
-
-
81 708
pensions
-
-
-
24 744
other
-
-
-
88
unemployment
-
-
-
612
total
-
-
-
107 940
Employee
34 881
-
216 125
-
unemployment
541
-
1 355
-
pensions
1 640
-
4 110
-
income
6 725
-
78 469
-
other
34
-
88
-
total
8 940
-
84 022
-
Employer
34 881
-
216 125
-
pensions
8 231
-
20 635
-
other
279
-
700
-
unemployment
1 919
-
4 808
-
accident
691
-
1 731
-
total
11 120
-
27 874
-
Corporate
197 999
244 000
-
-
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.

29 701
36 600
-
-
total
29 701
36 600
-
-
Dividends
168 298
207 400
-
-
withholding
36 704
45 698
-
-
total
36 704
45 698
-
-
Income
244 000
244 000
244 000
244 000
Total tax
86 465
82 298
111 896
107 940
After tax
157 535
161 702
132 104
136 060
Living cost
25 941
25 941
25 941
25 941
Free-cash
131 594
135 761
106 163
110 119

Estimated living cost  is ₽25941 per week

₽17510
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2494
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5483
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽150117
₽155554
₽150419
₽155684
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
244 000
health
-
-
-
971
income
-
-
-
84 168
pensions
-
-
-
1 340
total
-
-
-
86 479
Employee
2 797
-
242 493
-
unemployment
28
-
67
-
pensions
252
-
603
-
health
140
-
335
-
income
541
-
84 097
-
total
961
-
85 102
-
Employer
2 797
-
242 493
-
pensions
308
-
737
-
health
266
-
636
-
unemployment
56
-
134
-
total
630
-
1 507
-
Corporate
240 573
244 000
-
-
income
52 926
53 680
-
-
total
52 926
53 680
-
-
Dividends
187 647
190 320
-
-
withholding
37 529
38 064
-
-
total
37 529
38 064
-
-
Income
244 000
244 000
244 000
244 000
Total tax
92 046
91 744
86 609
86 479
After tax
151 954
152 256
157 391
157 521
Living cost
1 837
1 837
1 837
1 837
Free-cash
150 117
150 419
155 554
155 684

Estimated living cost  is ₽1837 per week

₽1091
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽149
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽42
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽554
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽155341
₽144286
₽159981
₽144287
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
244 000
health
-
-
-
7 178
income
-
-
-
57 061
pensions
-
-
-
18 120
unemployment
-
-
-
1 045
total
-
-
-
83 404
Employee

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

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

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

24 593
-
231 525
-
unemployment
184
-
523
-
pensions
3 443
-
9 757
-
health
1 267
-
3 589
-
income
3 390
-
57 061
-
total
8 284
-
70 930
-
Employer

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

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

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

24 593
-
231 525
-
pensions
2 951
-
8 363
-
health
1 267
-
3 589
-
unemployment
184
-
523
-
total
4 402
-
12 475
-
Corporate
215 005
244 000
-
-
income
32 251
36 600
-
-
total
32 251
36 600
-
-
Dividends
182 755
207 400
-
-
withholding
27 413
31 110
-
-
total
27 413
31 110
-
-
Income
244 000
244 000
244 000
244 000
Total tax
72 350
67 710
83 405
83 404
After tax
171 650
176 290
160 595
160 596
Living cost
16 309
16 309
16 309
16 309
Free-cash
155 341
159 981
144 286
144 287

Estimated living cost  is ₽16309 per week

₽10981
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1262
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.
₽3595
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽113016
₽80005
₽113355
₽100248
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
244 000
social contributions

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

-
-
-
84 789
income
-
-
-
33 531
surtax
-
-
-
-
total
-
-
-
118 320
Employee
36 613
-
197 171
-
social contributions
4 028
-
21 690
-
income
7 154
-
69 237
-
surtax
-
-
807
-
total
11 182
-
91 734
-
Employer
36 613
-
197 171
-
social contributions
8 695
-
46 829
-
total
8 695
-
46 829
-
Corporate
198 692
244 000
-
-
income
41 725
51 240
-
-
surtax
-
-
-
-
total
41 725
51 240
-
-
Dividends
156 967
192 760
-
-
withholding
43 950
53 973
-
-
total
43 950
53 973
-
-
Income
244 000
244 000
244 000
244 000
Total tax
105 552
105 213
138 563
118 320
After tax
138 448
138 787
105 437
125 680
Living cost
25 432
25 432
25 432
25 432
Free-cash
113 016
113 355
80 005
100 248

Estimated living cost  is ₽25432 per week

₽18013
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1767
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5202
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽122377
₽98951
₽128549
₽102907
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
244 000
accident
-
-
-
788
income
-
-
-
81 708
pensions
-
-
-
24 744
other
-
-
-
88
unemployment
-
-
-
612
total
-
-
-
107 940
Employee
45 559
-
216 125
-
unemployment
705
-
1 355
-
pensions
2 141
-
4 110
-
income
9 516
-
78 469
-
other
45
-
88
-
total
12 407
-
84 022
-
Employer
45 559
-
216 125
-
pensions
10 752
-
20 635
-
other
365
-
700
-
unemployment
2 506
-
4 808
-
accident
902
-
1 731
-
total
14 525
-
27 874
-
Corporate
183 916
244 000
-
-
income

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

27 588
36 600
-
-
total
27 588
36 600
-
-
Dividends
156 327
207 400
-
-
withholding
33 950
45 698
-
-
total
33 950
45 698
-
-
Income
244 000
244 000
244 000
244 000
Total tax
88 470
82 298
111 896
107 940
After tax
155 530
161 702
132 104
136 060
Living cost
33 153
33 153
33 153
33 153
Free-cash
122 377
128 549
98 951
102 907

Estimated living cost  is ₽33153 per week

₽23809
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2578
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.
₽6300
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽186636
₽192774
₽192387
₽182366
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
244 000
health
-
-
-
3 791
income
-
-
-
36 600
pensions

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

-
-
-
4 878
unemployment
-
-
-
132
total
-
-
-
45 401
Employee
21 495
-
237 533
-
accident

We are using the highest rate at 1.1%.

236
-
363
-
pensions

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

1 887
-
2 894
-
health
989
-
1 516
-
income
2 150
-
23 753
-
total
5 262
-
28 526
-
Employer
21 495
-
237 533
-
pensions

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

2 369
-
3 632
-
health
1 483
-
2 274
-
unemployment
129
-
198
-
accident

We are using the highest rate at 1.1%.

236
-
363
-
total
4 217
-
6 467
-
Corporate
218 288
244 000
-
-
income
21 829
24 400
-
-
total
21 829
24 400
-
-
Dividends
196 459
219 600
-
-
withholding
9 823
10 980
-
-
total
9 823
10 980
-
-
Income
244 000
244 000
244 000
244 000
Total tax
41 131
35 380
34 993
45 401
After tax
202 869
208 620
209 007
198 599
Living cost
16 233
16 233
16 233
16 233
Free-cash
186 636
192 387
192 774
182 366

Estimated living cost  is ₽16233 per week

₽10736
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽929
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽387
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4181
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽101368
₽112459
₽89027
₽83739
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
244 000
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.

-
-
-
6 445
trade
-
-
-
28 720
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.

-
-
-
84 054
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.

-
-
-
4 622
total
-
-
-
123 841
Employee

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

46 937
-
244 000
-
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.

6 445
-
6 445
-
income

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

3 860
-
84 054
-
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.

213
-
4 622
-
total
10 518
-
95 121
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
197 063
244 000
-
-
income
29 559
36 600
-
-
chamber of commerce
431
501
-
-
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.

1 625
2 012
-
-
trade
28 279
35 014
-
-
total
59 894
74 127
-
-
Dividends
137 168
169 873
-
-
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.

1 867
2 316
-
-
withholding
33 933
42 110
-
-
total
35 800
44 426
-
-
Income
244 000
244 000
244 000
244 000
Total tax
106 212
118 553
95 121
123 841
After tax
137 788
125 447
148 879
120 159
Living cost
36 420
36 420
36 420
36 420
Free-cash
101 368
89 027
112 459
83 739

Estimated living cost  is ₽36420 per week

₽25123
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3919
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6849
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽119146
₽65745
₽117063
₽65745
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
244 000
social contributions
-
-
-
42 511
income
-
-
-
82 007
total
-
-
-
124 518
Employee
73 790
-
244 000
-
social contributions
6 130
-
42 511
-
income
13 924
-
82 007
-
total
20 054
-
124 518
-
Employer
73 790
-
244 000
-
total
-
-
-
-
Corporate
170 210
244 000
-
-
income
21 276
30 501
-
-
total
21 276
30 501
-
-
Dividends
148 934
213 499
-
-
withholding
29 787
42 699
-
-
total
29 787
42 699
-
-
Income
244 000
244 000
244 000
244 000
Total tax
71 117
73 200
124 518
124 518
After tax
172 883
170 800
119 482
119 482
Living cost
53 737
53 737
53 737
53 737
Free-cash
119 146
117 063
65 745
65 745

Estimated living cost  is ₽53737 per week

₽40882
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4379
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽514
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7963
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽122668
₽134497
₽119373
₽167369
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
244 000
income
-
-
-
36 600
health

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

-
-
-
5 788
total
-
-
-
42 388
Employee
43 275
-
239 661
-
social contributions
4 336
-
4 339
-
income
4 696
-
66 582
-
total
9 032
-
70 921
-
Employer
43 275
-
239 661
-
social contributions
4 336
-
4 339
-
total
4 336
-
4 339
-
Corporate
196 389
244 000
-
-
income
68 737
85 400
-
-
total
68 737
85 400
-
-
Dividends
127 652
158 600
-
-
social contributions
4 984
4 984
-
-
total
4 984
4 984
-
-
Income
244 000
244 000
244 000
244 000
Total tax
87 089
90 384
75 260
42 388
After tax
156 911
153 616
168 740
201 612
Living cost
34 243
34 243
34 243
34 243
Free-cash
122 668
119 373
134 497
167 369

Estimated living cost  is ₽34243 per week

₽22556
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2700
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8462
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽122127
₽99783
₽116665
₽121415
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
244 000
income
-
-
-
78 391
pensions
-
-
-
9 931
total
-
-
-
88 322
Employee
47 031
-
212 394
-
pensions
3 590
-
11 616
-
health
614
-
2 763
-
income
8 565
-
63 969
-
total
12 769
-
78 348
-
Employer
47 031
-
212 394
-
pensions
4 752
-
27 571
-
health
894
-
4 035
-
total
5 646
-
31 606
-
Corporate
191 323
244 000
-
-
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.

36 351
46 361
-
-
total
36 351
46 361
-
-
Dividends
154 972
197 639
-
-
withholding
32 844
46 711
-
-
total
32 844
46 711
-
-
Income
244 000
244 000
244 000
244 000
Total tax
87 610
93 072
109 954
88 322
After tax
156 390
150 928
134 046
155 678
Living cost
34 263
34 263
34 263
34 263
Free-cash
122 127
116 665
99 783
121 415

Estimated living cost  is ₽34263 per week

₽23504
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3151
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.
₽7177
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽16265
₽112367
-₽3051
₽143712
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
244 000
accident
-
-
-
242
health
-
-
-
2 089
income
-
-
-
70 802
pensions
-
-
-
3 985
other
-
-
-
355
total
-
-
-
77 473
Employee
35 888
-
224 211
-
pensions
4 041
-
7 307
-
health
4 109
-
25 672
-
income
4 924
-
56 050
-
total
13 074
-
89 029
-
Employer
35 888
-
224 211
-
pensions
5 835
-
10 552
-
unemployment
879
-
5 493
-
accident
599
-
3 744
-
total
7 313
-
19 789
-
Corporate
200 798
244 000
-
-
income

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

180 718
219 600
-
-
total
180 718
219 600
-
-
Dividends
20 080
24 400
-
-
withholding
3 815
4 636
-
-
total
3 815
4 636
-
-
Income
244 000
244 000
244 000
244 000
Total tax
204 920
224 236
108 818
77 473
After tax
39 080
19 764
135 182
166 527
Living cost
22 815
22 815
22 815
22 815
Free-cash
16 265
-3 051
112 367
143 712

Estimated living cost  is ₽22815 per week

₽16743
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1329
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4282
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽171073
₽169128
₽173926
₽148399
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
244 000
income
-
-
-
41 408
health insurance
-
-
-
11 156
pensions
-
-
-
27 740
unemployment
-
-
-
1 809
work injury
-
-
-
754
total
-
-
-
82 867
Employee

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

20 374
-
244 000
-
unemployment
244
-
905
-
pensions
3 749
-
13 870
-
work injury
102
-
377
-
income
2 037
-
41 408
-
health insurance
1 508
-
5 578
-
total
7 640
-
62 138
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
223 626
244 000
-
-
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%.

22 363
24 400
-
-
total
22 363
24 400
-
-
Dividends
201 263
219 600
-
-
withholding
30 190
32 940
-
-
total
30 190
32 940
-
-
Income
244 000
244 000
244 000
244 000
Total tax
60 193
57 340
62 138
82 867
After tax
183 807
186 660
181 862
161 133
Living cost
12 734
12 734
12 734
12 734
Free-cash
171 073
173 926
169 128
148 399

Estimated living cost  is ₽12734 per week

₽7889
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽925
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽397
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3522
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86653
₽71055
₽90942
₽78807
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
244 000
social contributions
-
-
-
47 214
municipal
-
-
-
1 770
regional
-
-
-
6 238
national
-
-
-
72 391
total
-
-
-
127 613
Employee
79 492
-
244 000
-
regional
1 200
-
5 749
-
municipal
474
-
1 640
-
national
13 433
-
66 077
-
social contributions
26 804
-
61 899
-
total
41 911
-
135 365
-
Employer
79 492
-
244 000
-
total
-
-
-
-
Corporate
164 508
244 000
-
-
municipal
7 929
11 761
-
-
nationa
39 482
58 560
-
-
total
47 411
70 321
-
-
Dividends
117 098
173 679
-
-
withholding
30 445
45 157
-
-
total
30 445
45 157
-
-
Income
244 000
244 000
244 000
244 000
Total tax
119 767
115 478
135 365
127 613
After tax
124 233
128 522
108 635
116 387
Living cost
37 580
37 580
37 580
37 580
Free-cash
86 653
90 942
71 055
78 807

Estimated living cost  is ₽37580 per week

₽26398
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2585
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽567
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8029
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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