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
₽94517
₽120390
₽88830
₽104896
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
84 152
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.

-
-
-
4 628
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.

-
-
-
6 410
trade
-
-
-
31 560
total
-
-
-
126 750
Employee

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

35 888
-
244 000
-
surtax

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

55
-
4 628
-
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.

1 002
-
84 152
-
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.

6 410
-
6 410
-
total
7 467
-
95 190
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
208 112
244 000
-
-
income
31 216
36 600
-
-
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.

1 717
2 014
-
-
chamber of commerce
442
493
-
-
trade
32 777
38 429
-
-
total
66 152
77 536
-
-
Dividends
141 960
166 463
-
-
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.

1 932
2 268
-
-
withholding
35 133
41 259
-
-
total
37 065
43 527
-
-
Income
244 000
244 000
244 000
244 000
Total tax
110 684
121 063
95 190
126 750
After tax
133 316
122 937
148 810
117 250
Living cost
28 420
28 420
28 420
28 420
Free-cash
104 896
94 517
120 390
88 830

Estimated living cost  is ₽28420 per week

₽17877
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3314
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6699
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽102300
₽88735
₽87424
₽101470
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
27 229
national
-
-
-
47 488
pensions
-
-
-
29 280
total
-
-
-
106 620
Employee
77 442
-
210 936
-
municipal
9 565
-
28 173
-
pensions
3 098
-
8 437
-
national
14 822
-
49 556
-
total
27 485
-
86 166
-
Employer
77 442
-
210 936
-
pensions
6 195
-
16 875
-
social contributions
832
-
2 268
-
total
7 027
-
19 143
-
Corporate
154 419
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%.

30 884
48 800
-
-
total
30 884
48 800
-
-
Dividends
123 536
195 200
-
-
withholding
27 178
42 944
-
-
total
27 178
42 944
-
-
Income
244 000
244 000
244 000
244 000
Total tax
92 574
91 744
105 309
106 620
After tax
151 426
152 256
138 691
137 380
Living cost
49 956
49 956
49 956
49 956
Free-cash
101 470
102 300
88 735
87 424

Estimated living cost  is ₽49956 per week

₽33955
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4644
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽748
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10610
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽175680
₽88297
₽71442
₽167982
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
54 866
surtax
-
-
-
62 220
social contributions

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

-
-
-
35 951
microenterprise
-
-
-
-
total
-
-
-
153 037
Employee
27 418
-
195 551
-
surtax
-
-
28 354
-
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.

3 016
-
12 300
-
income
4 881
-
47 079
-
total
7 897
-
87 733
-
Employer
27 418
-
195 551
-
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.

6 604
-
26 939
-
surtax
-
-
21 510
-
total
6 604
-
48 449
-
Corporate
209 978
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%.

41 996
48 799
-
-
total
41 996
48 799
-
-
Dividends

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

167 982
195 201
-
-
total
-
-
-
-
Income
244 000
244 000
244 000
244 000
Total tax
56 497
48 799
136 182
153 037
After tax
187 503
195 201
107 818
90 963
Living cost
19 521
19 521
19 521
19 521
Free-cash
167 982
175 680
88 297
71 442

Estimated living cost  is ₽19521 per week

₽12454
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1859
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽443
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4765
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82669
₽116685
₽89924
₽76919
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
92 206
health
-
-
-
11 570
pensions
-
-
-
10 993
total
-
-
-
114 769
Employee
80 127
80 127
226 562
-
pensions
14 423
10 993
10 993
-
income

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

13 116
13 116
48 008
-
health
12 299
10 461
11 570
-
total
39 838
34 570
70 571
-
Employer
80 127
80 127
226 562
-
health
5 570
5 570
6 921
-
pensions
5 577
5 577
6 932
-
unemployment
2 885
2 885
3 584
-
total
14 032
14 032
17 437
-
Corporate
150 824
149 841
-
-
income
30 165
29 968
-
-
total
30 165
29 968
-
-
Dividends
120 659
119 874
-
-
income
25 641
25 473
-
-
withholding
18 098
17 981
-
-
total
43 739
43 454
-
-
Income
244 000
244 000
244 000
244 000
Total tax
127 774
122 024
88 008
114 769
After tax
116 226
121 976
155 992
129 231
Living cost
39 307
39 307
39 307
39 307
Free-cash
76 919
82 669
116 685
89 924

Estimated living cost  is ₽39307 per week

₽27856
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3543
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.
₽7283
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95740
₽82054
₽82964
₽94898
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
164
other
-
-
-
9 546
unemployment
-
-
-
82
health
-
-
-
5 126
municipal
-
-
-
65 664
national
-
-
-
34 089
pensions
-
-
-
8 881
total
-
-
-
123 552
Employee
53 411
-
218 188
-
municipal
15 927
-
65 064
-
national
-
-
33 586
-
total
15 927
-
98 650
-
Employer
53 411
-
218 188
-
health
3 285
-
5 052
-
pensions
5 774
-
8 881
-
accident
107
-
164
-
unemployment
1 410
-
2 169
-
other
6 206
-
9 546
-
total
16 782
-
25 812
-
Corporate
173 807
244 000
-
-
income
38 238
53 680
-
-
total
38 238
53 680
-
-
Dividends
135 569
190 320
-
-
withholding
40 671
57 096
-
-
total
40 671
57 096
-
-
Income
244 000
244 000
244 000
244 000
Total tax
111 618
110 776
124 462
123 552
After tax
132 382
133 224
119 538
120 448
Living cost
37 484
37 484
37 484
37 484
Free-cash
94 898
95 740
82 054
82 964

Estimated living cost  is ₽37484 per week

₽24843
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3678
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8394
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84818
₽111950
₽78989
₽98005
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
84 152
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.

-
-
-
4 628
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.

-
-
-
6 410
trade
-
-
-
32 961
total
-
-
-
128 151
Employee

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

47 583
-
244 000
-
surtax

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

224
-
4 628
-
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.

4 088
-
84 152
-
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.

6 410
-
6 410
-
total
10 722
-
95 190
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
196 417
244 000
-
-
income
29 462
36 600
-
-
surtax

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

1 620
2 014
-
-
chamber of commerce
422
490
-
-
trade
32 311
40 139
-
-
total
63 815
79 243
-
-
Dividends
132 601
164 758
-
-
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.

1 804
2 245
-
-
withholding
32 793
40 833
-
-
total
34 597
43 078
-
-
Income
244 000
244 000
244 000
244 000
Total tax
109 134
122 321
95 190
128 151
After tax
134 866
121 679
148 810
115 849
Living cost
36 860
36 860
36 860
36 860
Free-cash
98 005
84 818
111 950
78 989

Estimated living cost  is ₽36860 per week

₽24653
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3887
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.
₽7771
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽147310
₽130464
₽132400
₽143418
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
59 764
social contributions
-
-
-
15 181
health
-
-
-
6 221
total
-
-
-
81 166
Employee
72 151
72 151
231 637
-
social contributions
3 506
5 988
8 077
-
income
7 576
6 679
58 723
-
health
718
1 227
3 939
-
total
11 800
13 894
70 739
-
Employer
72 151
72 151
231 637
-
health
782
1 335
4 286
-
social contributions
3 506
5 988
8 077
-
total
4 288
7 323
12 363
-
Corporate
197 478
164 525
-
-
income
24 685
20 566
-
-
total
24 685
20 566
-
-
Dividends
172 794
143 959
-
-
withholding
29 375
24 473
-
-
total
29 375
24 473
-
-
Income
244 000
244 000
244 000
244 000
Total tax
70 148
66 256
83 102
81 166
After tax
173 852
177 744
160 898
162 834
Living cost
30 434
30 434
30 434
30 434
Free-cash
143 418
147 310
130 464
132 400

Estimated living cost  is ₽30434 per week

₽20805
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2377
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6741
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽120080
₽124631
₽152214
₽120429
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
29 829
unemployment
-
-
-
3 660
health
-
-
-
17 080
pensions
-
-
-
24 400
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.

24 275
9 661
204 184
-
unemployment
364
145
3 063
-
pensions
2 428
966
20 418
-
income
2 968
1 181
24 962
-
health
1 699
676
14 293
-
total
7 459
2 968
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.

24 275
9 661
204 184
-
pensions
4 734
1 884
39 816
-
total
4 734
1 884
39 816
-
Corporate
214 991
232 455
-
-
income
19 349
20 921
-
-
total
19 349
20 921
-
-
Dividends
195 642
211 534
-
-
social contributions
38 040
41 139
-
-
withholding
37 172
40 191
-
-
total
75 212
81 330
-
-
Income
244 000
244 000
244 000
244 000
Total tax
106 754
107 103
102 552
74 969
After tax
137 246
136 897
141 448
169 031
Living cost
16 817
16 817
16 817
16 817
Free-cash
120 429
120 080
124 631
152 214

Estimated living cost  is ₽16817 per week

₽11476
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1376
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽336
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3629
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽172537
₽117974
₽108121
₽166706
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
32 696
health
-
-
-
31 720
pensions
-
-
-
48 799
total
-
-
-
113 215
Employee
26 618
-
182 361
-
unemployment
426
-
2 918
-
pensions
532
-
3 647
-
income
2 997
-
35 160
-
total
3 955
-
41 725
-
Employer
26 618
-
182 361
-
health
3 460
-
23 707
-
pensions
5 324
-
36 472
-
unemployment
214
-
1 458
-
total
8 998
-
61 637
-
Corporate
208 384
244 000
-
-
income
41 677
48 799
-
-
total
41 677
48 799
-
-
Dividends
166 707
195 201
-
-
total
-
-
-
-
Income
244 000
244 000
244 000
244 000
Total tax
54 630
48 799
103 362
113 215
After tax
189 370
195 201
140 638
130 785
Living cost
22 664
22 664
22 664
22 664
Free-cash
166 706
172 537
117 974
108 121

Estimated living cost  is ₽22664 per week

₽15545
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1350
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5313
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1184
₽114269
₽145576
₽16551
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
240
income
-
-
-
70 844
other
-
-
-
353
health
-
-
-
2 077
pensions
-
-
-
3 962
total
-
-
-
77 476
Employee
32 952
-
224 270
-
pensions
3 710
-
7 264
-
income
4 521
-
56 110
-
health
3 773
-
25 679
-
total
12 004
-
89 053
-
Employer
32 952
-
224 270
-
pensions
5 358
-
10 490
-
accident
550
-
3 745
-
unemployment
807
-
5 495
-
total
6 715
-
19 730
-
Corporate
204 332
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.

183 899
219 600
-
-
total
183 899
219 600
-
-
Dividends
20 433
24 400
-
-
withholding
3 883
4 636
-
-
total
3 883
4 636
-
-
Income
244 000
244 000
244 000
244 000
Total tax
206 501
224 236
108 783
77 476
After tax
37 499
19 764
135 217
166 524
Living cost
20 948
20 948
20 948
20 948
Free-cash
16 551
-1 184
114 269
145 576

Estimated living cost  is ₽20948 per week

₽15353
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1161
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽437
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3997
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽224239
₽187639
₽233999
₽222822
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 450
-
244 000
-
income
1 890
-
48 800
-
total
1 890
-
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%.

234 550
244 000
-
-
total
-
-
-
-
Dividends
234 550
244 000
-
-
withholding
11 727
12 200
-
-
total
11 727
12 200
-
-
Income
244 000
244 000
244 000
244 000
Total tax
13 617
12 200
48 800
2 440
After tax
230 383
231 800
195 200
241 560
Living cost
7 561
7 561
7 561
7 561
Free-cash
222 822
224 239
187 639
233 999

Estimated living cost  is ₽7561 per week

₽4685
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽628
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽208
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2039
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽154264
₽124555
₽126494
₽147931
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
45 204
other
-
-
-
6 777
health
-
-
-
6 278
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.

-
-
-
34 245
total
-
-
-
92 504
Employee
34 069
-
207 526
-
unemployment
340
-
1 426
-
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.

2 384
-
9 987
-
income
5 865
-
44 558
-
health
477
-
1 998
-
total
9 066
-
57 969
-
Employer
34 069
-
207 526
-
health
477
-
1 998
-
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.

5 792
-
24 257
-
accident
272
-
1 660
-
unemployment
340
-
1 426
-
other
1 704
-
7 133
-
total
8 585
-
36 474
-
Corporate
201 345
244 000
-
-
income
42 282
51 241
-
-
total
42 282
51 241
-
-
Dividends
159 063
192 759
-
-
withholding
11 134
13 493
-
-
total
11 134
13 493
-
-
Income
244 000
244 000
244 000
244 000
Total tax
71 067
64 734
94 443
92 504
After tax
172 933
179 266
149 557
151 496
Living cost
25 002
25 002
25 002
25 002
Free-cash
147 931
154 264
124 555
126 494

Estimated living cost  is ₽25002 per week

₽17665
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1688
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.
₽5246
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88523
₽71542
₽93189
₽96074
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
78 115
pensions
-
-
-
10 010
total
-
-
-
88 125
Employee
88 691
-
212 417
-
pensions
8 556
-
11 736
-
income
15 987
-
63 682
-
health
1 461
-
2 773
-
total
26 004
-
78 191
-
Employer
88 691
-
212 417
-
health
1 684
-
4 036
-
pensions
10 472
-
27 545
-
total
12 156
-
31 581
-
Corporate
143 153
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.

27 198
46 361
-
-
total
27 198
46 361
-
-
Dividends
115 954
197 639
-
-
withholding
19 882
46 430
-
-
total
19 882
46 430
-
-
Income
244 000
244 000
244 000
244 000
Total tax
85 240
92 791
109 772
88 125
After tax
158 760
151 209
134 228
155 875
Living cost
62 686
62 686
62 686
62 686
Free-cash
96 074
88 523
71 542
93 189

Estimated living cost  is ₽62686 per week

₽46972
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7365
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽510
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7840
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽196321
₽196771
₽186352
₽191965
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
36 600
unemployment
-
-
-
131
health
-
-
-
3 768
pensions

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

-
-
-
4 850
total
-
-
-
45 349
Employee
16 286
-
237 571
-
accident

We are using the highest rate at 1.1%.

179
-
360
-
pensions

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

1 430
-
2 877
-
income
1 628
-
23 757
-
health
749
-
1 507
-
total
3 986
-
28 501
-
Employer
16 286
-
237 571
-
health
1 124
-
2 261
-
pensions

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

1 795
-
3 611
-
accident

We are using the highest rate at 1.1%.

179
-
360
-
unemployment
97
-
197
-
total
3 195
-
6 429
-
Corporate
224 518
244 000
-
-
income
22 452
24 400
-
-
total
22 452
24 400
-
-
Dividends
202 066
219 600
-
-
withholding
10 103
10 980
-
-
total
10 103
10 980
-
-
Income
244 000
244 000
244 000
244 000
Total tax
39 736
35 380
34 930
45 349
After tax
204 264
208 620
209 070
198 651
Living cost
12 299
12 299
12 299
12 299
Free-cash
191 965
196 321
196 771
186 352

Estimated living cost  is ₽12299 per week

₽7181
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽878
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽326
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3915
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69946
₽103962
₽77201
₽72307
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
92 206
health
-
-
-
11 570
pensions
-
-
-
10 993
total
-
-
-
114 769
Employee
86 993
80 127
226 562
-
pensions
10 993
10 993
10 993
-
income

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

13 116
13 116
48 008
-
health
10 853
10 461
11 570
-
total
34 962
34 570
70 571
-
Employer
86 993
80 127
226 562
-
health
6 045
5 570
6 921
-
pensions
6 054
5 577
6 932
-
unemployment
3 132
2 885
3 584
-
total
15 231
14 032
17 437
-
Corporate
141 776
149 841
-
-
income
28 354
29 968
-
-
total
28 354
29 968
-
-
Dividends
113 422
119 874
-
-
income
24 102
25 473
-
-
withholding
17 014
17 981
-
-
total
41 116
43 454
-
-
Income
244 000
244 000
244 000
244 000
Total tax
119 663
122 024
88 008
114 769
After tax
124 337
121 976
155 992
129 231
Living cost
52 030
52 030
52 030
52 030
Free-cash
72 307
69 946
103 962
77 201

Estimated living cost  is ₽52030 per week

₽38381
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4647
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽597
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8406
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽144983
₽112663
₽123727
₽136773
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 692
social contributions
-
-
-
33 111
solidarity contribution
-
-
-
4 519
health
-
-
-
32 940
total
-
-
-
97 262
Employee
33 839
-
197 845
-
solidarity contribution
-
-
3 526
-
social contributions
2 200
-
7 371
-
income
4 061
-
24 565
-
health
4 568
-
26 709
-
total
10 829
-
62 171
-
Employer
33 839
-
197 845
-
health
3 045
-
17 806
-
social contributions
8 460
-
28 349
-
total
11 505
-
46 155
-
Corporate
198 656
244 000
-
-
income
37 745
46 360
-
-
total
37 745
46 360
-
-
Dividends
160 911
197 640
-
-
withholding
24 137
29 646
-
-
total
24 137
29 646
-
-
Income
244 000
244 000
244 000
244 000
Total tax
84 216
76 006
108 326
97 262
After tax
159 784
167 994
135 674
146 738
Living cost
23 011
23 011
23 011
23 011
Free-cash
136 773
144 983
112 663
123 727

Estimated living cost  is ₽23011 per week

₽15983
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1637
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4938
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90590
₽72106
₽80063
₽85690
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
46 962
regional
-
-
-
3 241
municipal
-
-
-
1 576
national
-
-
-
72 565
total
-
-
-
124 344
Employee
83 391
-
244 000
-
municipal
442
-
1 460
-
national
14 450
-
66 285
-
regional
787
-
2 988
-
social contributions
28 119
-
61 568
-
total
43 798
-
132 301
-
Employer
83 391
-
244 000
-
total
-
-
-
-
Corporate
160 609
244 000
-
-
municipal
6 264
9 516
-
-
nationa
38 547
58 561
-
-
total
44 811
68 077
-
-
Dividends
115 798
175 924
-
-
withholding
30 108
45 740
-
-
total
30 108
45 740
-
-
Income
244 000
244 000
244 000
244 000
Total tax
118 717
113 817
132 301
124 344
After tax
125 283
130 183
111 699
119 656
Living cost
39 593
39 593
39 593
39 593
Free-cash
85 690
90 590
72 106
80 063

Estimated living cost  is ₽39593 per week

₽27599
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2596
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽607
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8789
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽132770
₽87982
₽93718
₽129851
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
81 256
other
-
-
-
-
surtax
-
-
-
14 170
unemployment
-
-
-
214
health
-
-
-
8 891
pensions
-
-
-
25 046
total
-
-
-
129 577
Employee
31 029
-
217 640
-
other
-
-
-
-
unemployment
2 160
-
8 716
-
pensions
2 069
-
8 353
-
surtax
101
-
13 047
-
income
5 201
-
75 644
-
health
792
-
3 193
-
total
10 323
-
108 953
-
Employer
31 029
-
217 640
-
health
1 412
-
5 698
-
pensions
4 136
-
16 693
-
unemployment
983
-
3 969
-
other
-
-
-
-
total
6 531
-
26 360
-
Corporate
206 440
244 000
-
-
income
53 675
63 440
-
-
total
53 675
63 440
-
-
Dividends
152 765
180 560
-
-
withholding
22 915
27 085
-
-
total
22 915
27 085
-
-
Income
244 000
244 000
244 000
244 000
Total tax
93 444
90 525
135 313
129 577
After tax
150 556
153 475
108 687
114 423
Living cost
20 705
20 705
20 705
20 705
Free-cash
129 851
132 770
87 982
93 718

Estimated living cost  is ₽20705 per week

₽12660
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1911
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5657
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽108384
₽91403
₽113050
₽114578
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
78 115
pensions
-
-
-
10 010
total
-
-
-
88 125
Employee
59 438
-
212 417
-
pensions
5 045
-
11 736
-
income
10 705
-
63 682
-
health
863
-
2 773
-
total
16 613
-
78 191
-
Employer
59 438
-
212 417
-
health
1 129
-
4 036
-
pensions
6 434
-
27 545
-
total
7 563
-
31 581
-
Corporate
176 998
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.

33 630
46 361
-
-
total
33 630
46 361
-
-
Dividends
143 368
197 639
-
-
withholding
28 791
46 430
-
-
total
28 791
46 430
-
-
Income
244 000
244 000
244 000
244 000
Total tax
86 597
92 791
109 772
88 125
After tax
157 403
151 209
134 228
155 875
Living cost
42 825
42 825
42 825
42 825
Free-cash
114 578
108 384
91 403
113 050

Estimated living cost  is ₽42825 per week

₽32084
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3210
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7082
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽37488
₽110084
₽117412
₽69190
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
4 881
regional
-
-
-
14 459
health
-
-
-
550
city
-
-
-
2 573
national
-
-
-
7 592
pensions
-
-
-
22 447
total
-
-
-
52 502
Employee
86 700
-
220 251
-
unemployment
-
-
-
-
pensions
7 284
-
16 427
-
national
410
-
6 254
-
regional
2 839
-
12 937
-
city
930
-
2 390
-
health
196
-
495
-
total
11 659
-
38 503
-
Employer
86 700
-
220 251
-
health
196
-
495
-
pensions
7 284
-
16 427
-
unemployment
-
-
-
-
other

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

1 733
-
4 405
-
total
9 213
-
21 327
-
Corporate
147 134
244 000
-
-
regional
31 118
51 606
-
-
national
12 507
20 741
-
-
total
43 625
72 347
-
-
Dividends
103 508
171 653
-
-
withholding
36 227
60 079
-
-
total
36 227
60 079
-
-
Income
244 000
244 000
244 000
244 000
Total tax
100 724
132 426
59 830
52 502
After tax
143 276
111 574
184 170
191 498
Living cost
74 086
74 086
74 086
74 086
Free-cash
69 190
37 488
110 084
117 412

Estimated living cost  is ₽74086 per week

₽48177
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6648
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽910
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18351
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽77441
₽105826
₽71462
₽92657
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
84 152
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.

-
-
-
4 628
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.

-
-
-
6 410
trade
-
-
-
34 364
total
-
-
-
129 554
Employee

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

56 390
-
244 000
-
surtax

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

365
-
4 628
-
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.

6 631
-
84 152
-
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.

6 410
-
6 410
-
total
13 406
-
95 190
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
187 610
244 000
-
-
income
28 141
36 600
-
-
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.

1 547
2 014
-
-
chamber of commerce
406
486
-
-
trade
32 176
41 846
-
-
total
62 270
80 946
-
-
Dividends
125 340
163 053
-
-
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.

1 704
2 222
-
-
withholding
30 979
40 407
-
-
total
32 683
42 629
-
-
Income
244 000
244 000
244 000
244 000
Total tax
108 359
123 575
95 190
129 554
After tax
135 641
120 425
148 810
114 446
Living cost
42 984
42 984
42 984
42 984
Free-cash
92 657
77 441
105 826
71 462

Estimated living cost  is ₽42984 per week

₽31394
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3438
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7594
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90873
₽89325
₽98565
₽96413
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
50 036
other
-
-
-
7 564
surtax
-
-
-
-
social contributions
-
-
-
6 952
health
-
-
-
12 776
pensions
-
-
-
36 004
total
-
-
-
113 332
Employee
40 158
-
184 677
-
pensions
4 541
-
14 569
-
surtax
-
-
-
-
social contributions
1 145
-
5 263
-
income
2 370
-
43 416
-
total
8 056
-
63 248
-
Employer
40 158
-
184 677
-
health
2 812
-
19 132
-
pensions
6 597
-
24 219
-
unemployment
1 626
-
7 479
-
social contributions
121
-
554
-
other
1 385
-
7 940
-
total
12 541
-
59 324
-
Corporate
191 301
244 000
-
-
income
53 564
68 320
-
-
surtax
-
-
-
-
total
53 564
68 320
-
-
Dividends
137 737
175 680
-
-
surtax
-
-
-
-
social contributions
23 693
30 217
-
-
withholding
17 630
22 487
-
-
total
41 323
52 704
-
-
Income
244 000
244 000
244 000
244 000
Total tax
115 484
121 024
122 572
113 332
After tax
128 516
122 976
121 428
130 668
Living cost
32 103
32 103
32 103
32 103
Free-cash
96 413
90 873
89 325
98 565

Estimated living cost  is ₽32103 per week

₽20242
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.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8705
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94054
₽92506
₽101746
₽99267
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
50 036
other
-
-
-
7 564
surtax
-
-
-
-
social contributions
-
-
-
6 952
health
-
-
-
12 776
pensions
-
-
-
36 004
total
-
-
-
113 332
Employee
35 847
-
184 677
-
pensions
4 054
-
14 569
-
surtax
-
-
-
-
social contributions
1 022
-
5 263
-
income
1 848
-
43 416
-
total
6 924
-
63 248
-
Employer
35 847
-
184 677
-
health
2 509
-
19 132
-
pensions
5 890
-
24 219
-
unemployment
1 451
-
7 479
-
social contributions
107
-
554
-
other
1 238
-
7 940
-
total
11 195
-
59 324
-
Corporate
196 959
244 000
-
-
income
55 149
68 320
-
-
surtax
-
-
-
-
total
55 149
68 320
-
-
Dividends
141 810
175 680
-
-
surtax
-
-
-
-
social contributions
24 391
30 217
-
-
withholding
18 152
22 487
-
-
total
42 543
52 704
-
-
Income
244 000
244 000
244 000
244 000
Total tax
115 811
121 024
122 572
113 332
After tax
128 189
122 976
121 428
130 668
Living cost
28 922
28 922
28 922
28 922
Free-cash
99 267
94 054
92 506
101 746

Estimated living cost  is ₽28922 per week

₽16773
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2938
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8663
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽128964
₽70132
₽136801
₽129453
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
36 600
social contributions
-
-
-
33 671
health
-
-
-
17 032
total
-
-
-
87 303
Employee
31 814
-
244 000
-
social contributions
4 391
-
33 671
-
income
5 306
-
103 269
-
health
2 220
-
17 032
-
total
11 917
-
153 972
-
Employer
31 814
-
244 000
-
total
-
-
-
-
Corporate
212 186
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%.

10 609
12 201
-
-
total
10 609
12 201
-
-
Dividends
201 577
231 799
-
-
social contributions
27 818
31 989
-
-
withholding
30 237
34 770
-
-
health
14 070
16 180
-
-
total
72 125
82 939
-
-
Income
244 000
244 000
244 000
244 000
Total tax
94 651
95 140
153 972
87 303
After tax
149 349
148 860
90 028
156 697
Living cost
19 896
19 896
19 896
19 896
Free-cash
129 453
128 964
70 132
136 801

Estimated living cost  is ₽19896 per week

₽13315
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1227
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.
₽4895
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽101191
₽30058
₽91400
₽99738
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
83 958
surtax
-
-
-
185
unemployment
-
-
-
5 755
chamber of commerce
-
-
-
976
health
-
-
-
8 385
pensions
-
-
-
20 279
total
-
-
-
119 538
Employee
46 892
37 393
205 284
-
other
468
374
1 097
-
unemployment
1 407
1 122
3 289
-
pensions
4 802
3 828
11 225
-
income
5 338
2 758
71 883
-
health
1 814
1 448
4 241
-
total
13 829
9 530
91 735
-
Employer
46 892
37 393
205 284
-
chamber of commerce
187
150
821
-
health
1 772
1 414
4 143
-
pensions
5 885
4 694
13 757
-
accident
609
486
1 424
-
unemployment
1 407
1 122
3 289
-
surtax
185
185
185
-
payroll
1 407
1 122
6 159
-
other
2 228
1 775
8 937
-
total
13 680
10 948
38 715
-
Corporate
183 429
195 660
201 723
-
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.

45 858
48 915
50 430
-
total
45 858
48 915
50 430
-
Dividends
137 571
146 745
-
-
withholding
37 833
40 354
-
-
total
37 833
40 354
-
-
Income
244 000
244 000
244 000
244 000
Total tax
111 200
109 747
180 880
119 538
After tax
132 800
134 253
63 120
124 462
Living cost
33 062
33 062
33 062
33 062
Free-cash
99 738
101 191
30 058
91 400

Estimated living cost  is ₽33062 per week

₽22051
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2820
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽543
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7648
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97850
₽47299
₽72080
₽88015
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
communal

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

-
-
-
13 237
social contributions
-
-
-
23 393
national
-
-
-
101 078
total
-
-
-
137 708
Employee

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

67 117
-
188 986
-
unemployment

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

584
-
1 644
-
communal

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

3 501
-
9 857
-
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.

5 034
-
14 174
-
national
20 635
-
72 918
-
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.

3 153
-
8 883
-
total
32 907
-
107 476
-
Employer

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

67 117
-
188 986
-
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.

4 127
-
11 622
-
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.

5 947
-
16 745
-
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.

872
-
2 455
-
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.

979
-
2 760
-
surtax
7 610
-
21 431
-
total
19 535
-
55 013
-
Corporate
157 346
244 000
-
-
income
31 469
54 734
-
-
surtax
629
1 095
-
-
total
32 098
55 829
-
-
Dividends
125 248
188 171
-
-
withholding

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

37 233
56 109
-
-
total
37 233
56 109
-
-
Income
244 000
244 000
244 000
244 000
Total tax
121 773
111 938
162 489
137 708
After tax
122 227
132 062
81 511
106 292
Living cost
34 212
34 212
34 212
34 212
Free-cash
88 015
97 850
47 299
72 080

Estimated living cost  is ₽34212 per week

₽22037
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2991
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8648
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽127806
₽98229
₽102166
₽121379
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
783
income
-
-
-
81 857
other
-
-
-
87
unemployment
-
-
-
609
pensions
-
-
-
24 612
total
-
-
-
107 948
Employee
46 707
-
216 274
-
other
46
-
87
-
unemployment
725
-
1 348
-
pensions
2 195
-
4 088
-
income
9 855
-
78 636
-
total
12 821
-
84 159
-
Employer
46 707
-
216 274
-
pensions
11 022
-
20 525
-
accident
924
-
1 722
-
unemployment
2 569
-
4 783
-
other
372
-
696
-
total
14 887
-
27 726
-
Corporate
182 406
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.

27 361
36 600
-
-
total
27 361
36 600
-
-
Dividends
155 045
207 400
-
-
withholding
33 666
45 708
-
-
total
33 666
45 708
-
-
Income
244 000
244 000
244 000
244 000
Total tax
88 735
82 308
111 885
107 948
After tax
155 265
161 692
132 115
136 052
Living cost
33 886
33 886
33 886
33 886
Free-cash
121 379
127 806
98 229
102 166

Estimated living cost  is ₽33886 per week

₽24953
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2404
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6040
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84302
₽70431
₽63563
₽71398
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
communal
-
-
-
15 420
accident
-
-
-
1 871
income
-
-
-
50 861
surtax
-
-
-
12 450
health
-
-
-
15 589
pensions
-
-
-
33 255
total
-
-
-
129 446
Employee
71 057
-
217 955
-
pensions
5 684
-
17 436
-
surtax
4 355
-
13 358
-
income
6 863
-
56 040
-
health
3 162
-
9 699
-
total
20 064
-
96 533
-
Employer
71 057
-
217 955
-
health
2 167
-
6 647
-
pensions
5 684
-
17 436
-
accident
639
-
1 962
-
total
8 490
-
26 045
-
Corporate
164 453
244 000
-
-
communal
11 100
16 471
-
-
income
24 669
36 600
-
-
surtax
1 727
2 562
-
-
total
37 496
55 633
-
-
Dividends
126 957
188 367
-
-
income
36 517
24 819
-
-
withholding
19 044
28 255
-
-
total
55 561
53 074
-
-
Income
244 000
244 000
244 000
244 000
Total tax
121 611
108 707
122 578
129 446
After tax
122 389
135 293
121 422
114 554
Living cost
50 991
50 991
50 991
50 991
Free-cash
71 398
84 302
70 431
63 563

Estimated living cost  is ₽50991 per week

₽38251
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3089
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9110
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽132400
₽87612
₽93348
₽129417
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
81 256
other
-
-
-
-
surtax
-
-
-
14 170
unemployment
-
-
-
214
health
-
-
-
8 891
pensions
-
-
-
25 046
total
-
-
-
129 577
Employee
31 599
-
217 640
-
other
-
-
-
-
unemployment
2 199
-
8 716
-
pensions
2 108
-
8 353
-
surtax
112
-
13 047
-
income
5 297
-
75 644
-
health
807
-
3 193
-
total
10 523
-
108 953
-
Employer
31 599
-
217 640
-
health
1 437
-
5 698
-
pensions
4 213
-
16 693
-
unemployment
1 002
-
3 969
-
other
-
-
-
-
total
6 652
-
26 360
-
Corporate
205 749
244 000
-
-
income
53 495
63 440
-
-
total
53 495
63 440
-
-
Dividends
152 254
180 560
-
-
withholding
22 838
27 085
-
-
total
22 838
27 085
-
-
Income
244 000
244 000
244 000
244 000
Total tax
93 508
90 525
135 313
129 577
After tax
150 492
153 475
108 687
114 423
Living cost
21 075
21 075
21 075
21 075
Free-cash
129 417
132 400
87 612
93 348

Estimated living cost  is ₽21075 per week

₽12724
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1832
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6031
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽102975
₽85708
₽93621
₽100893
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
46 962
regional
-
-
-
4 000
municipal
-
-
-
1 576
national
-
-
-
72 565
total
-
-
-
125 103
Employee
52 049
-
244 000
-
municipal
276
-
1 460
-
national
8 246
-
66 285
-
regional
701
-
3 703
-
social contributions
17 551
-
61 568
-
total
26 774
-
133 016
-
Employer
52 049
-
244 000
-
total
-
-
-
-
Corporate
191 951
244 000
-
-
municipal
9 541
12 126
-
-
nationa
46 068
58 561
-
-
total
55 609
70 687
-
-
Dividends
136 342
173 313
-
-
withholding
35 448
45 062
-
-
total
35 448
45 062
-
-
Income
244 000
244 000
244 000
244 000
Total tax
117 831
115 749
133 016
125 103
After tax
126 169
128 251
110 984
118 897
Living cost
25 276
25 276
25 276
25 276
Free-cash
100 893
102 975
85 708
93 621

Estimated living cost  is ₽25276 per week

₽15719
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2561
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽433
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6563
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽139639
₽107319
₽118383
₽129523
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 692
social contributions
-
-
-
33 111
solidarity contribution
-
-
-
4 519
health
-
-
-
32 940
total
-
-
-
97 262
Employee
41 699
-
197 845
-
solidarity contribution
-
-
3 526
-
social contributions
2 710
-
7 371
-
income
5 004
-
24 565
-
health
5 629
-
26 709
-
total
13 343
-
62 171
-
Employer
41 699
-
197 845
-
health
3 753
-
17 806
-
social contributions
10 425
-
28 349
-
total
14 178
-
46 155
-
Corporate
188 124
244 000
-
-
income
35 744
46 360
-
-
total
35 744
46 360
-
-
Dividends
152 380
197 640
-
-
withholding
22 857
29 646
-
-
total
22 857
29 646
-
-
Income
244 000
244 000
244 000
244 000
Total tax
86 122
76 006
108 326
97 262
After tax
157 878
167 994
135 674
146 738
Living cost
28 355
28 355
28 355
28 355
Free-cash
129 523
139 639
107 319
118 383

Estimated living cost  is ₽28355 per week

₽21087
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1571
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.
₽5207
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽104418
₽33227
₽94712
₽103954
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
83 958
surtax
-
-
-
-
unemployment
-
-
-
5 755
chamber of commerce
-
-
-
976
health
-
-
-
8 385
pensions
-
-
-
20 279
total
-
-
-
119 353
Employee
41 016
37 393
205 455
-
other
410
374
1 097
-
unemployment
1 230
1 122
3 289
-
pensions
4 200
3 828
11 225
-
income
3 654
2 758
71 969
-
health
1 587
1 448
4 241
-
total
11 081
9 530
91 821
-
Employer
41 016
37 393
205 455
-
chamber of commerce
164
150
823
-
health
1 551
1 414
4 143
-
pensions
5 148
4 694
13 757
-
accident
532
486
1 424
-
unemployment
1 230
1 122
3 289
-
surtax
-
-
-
-
payroll
1 230
1 122
6 164
-
other
1 948
1 775
8 944
-
total
11 803
10 763
38 544
-
Corporate
191 180
195 845
201 894
-
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.

47 795
48 961
50 473
-
total
47 795
48 961
50 473
-
Dividends
143 385
146 884
-
-
withholding
39 432
40 393
-
-
total
39 432
40 393
-
-
Income
244 000
244 000
244 000
244 000
Total tax
110 111
109 647
180 838
119 353
After tax
133 889
134 353
63 162
124 647
Living cost
29 935
29 935
29 935
29 935
Free-cash
103 954
104 418
33 227
94 712

Estimated living cost  is ₽29935 per week

₽17957
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3057
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽534
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8387
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽220018
₽183418
₽229778
₽217808
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
14 727
-
244 000
-
income
2 946
-
48 800
-
total
2 946
-
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%.

229 273
244 000
-
-
total
-
-
-
-
Dividends
229 273
244 000
-
-
withholding
11 464
12 200
-
-
total
11 464
12 200
-
-
Income
244 000
244 000
244 000
244 000
Total tax
14 410
12 200
48 800
2 440
After tax
229 590
231 800
195 200
241 560
Living cost
11 782
11 782
11 782
11 782
Free-cash
217 808
220 018
183 418
229 778

Estimated living cost  is ₽11782 per week

₽7973
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽495
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽395
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2919
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽142828
₽79345
₽84639
₽134978
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
65 257
unemployment
-
-
-
367
health
-
-
-
24 010
pensions
-
-
-
44 560
total
-
-
-
134 194
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.

41 492
-
211 126
-
unemployment
59
-
296
-
pensions
6 432
-
32 724
-
income
7 155
-
59 958
-
health
2 680
-
13 639
-
total
16 326
-
106 617
-
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.

41 492
-
211 126
-
health
2 764
-
14 061
-
pensions
3 672
-
18 684
-
unemployment
25
-
126
-
total
6 461
-
32 871
-
Corporate
196 048
244 000
-
-
income
37 249
46 360
-
-
total
37 249
46 360
-
-
Dividends
158 799
197 640
-
-
withholding
23 819
29 645
-
-
total
23 819
29 645
-
-
Income
244 000
244 000
244 000
244 000
Total tax
83 855
76 005
139 488
134 194
After tax
160 145
167 995
104 512
109 806
Living cost
25 167
25 167
25 167
25 167
Free-cash
134 978
142 828
79 345
84 639

Estimated living cost  is ₽25167 per week

₽17272
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1613
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5796
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽108370
₽191700
₽128544
₽64187
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
47 560
social contributions
-
-
-
27 816
total
-
-
-
75 376
Employee
57 469
-
-
-
social contributions
4 712
-
672
-
income
12 676
-
-
-
total
17 388
-
672
-
Employer
57 469
-
-
-
social contributions
81 031
-
11 548
-
total
81 031
-
11 548
-
Corporate
105 500
244 000
-
-
income
23 210
53 680
-
-
total
23 210
53 680
-
-
Dividends
82 290
190 320
-
-
income
18 104
41 870
-
-
total
18 104
41 870
-
-
Income
244 000
244 000
244 000
244 000
Total tax
139 733
95 550
12 220
75 376
After tax
104 267
148 450
231 780
168 624
Living cost
40 080
40 080
40 080
40 080
Free-cash
64 187
108 370
191 700
128 544

Estimated living cost  is ₽40080 per week

₽26005
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3769
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9794
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽109355
₽75906
₽96190
₽108412
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
33 587
surtax
-
-
-
-
social contributions

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

-
-
-
84 791
total
-
-
-
118 378
Employee
43 155
-
197 172
-
surtax
-
-
826
-
social contributions
4 747
-
21 690
-
income
8 976
-
69 318
-
total
13 723
-
91 834
-
Employer
43 155
-
197 172
-
social contributions
10 249
-
46 828
-
total
10 249
-
46 828
-
Corporate
190 596
244 000
-
-
income
40 025
51 241
-
-
surtax
-
-
-
-
total
40 025
51 241
-
-
Dividends
150 572
192 759
-
-
withholding
42 159
53 972
-
-
total
42 159
53 972
-
-
Income
244 000
244 000
244 000
244 000
Total tax
106 156
105 213
138 662
118 378
After tax
137 844
138 787
105 338
125 622
Living cost
29 432
29 432
29 432
29 432
Free-cash
108 412
109 355
75 906
96 190

Estimated living cost  is ₽29432 per week

₽22021
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1736
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.
₽5183
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77657
₽76109
₽85349
₽84108
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
50 036
other
-
-
-
7 564
surtax
-
-
-
-
social contributions
-
-
-
6 952
health
-
-
-
12 776
pensions
-
-
-
36 004
total
-
-
-
113 332
Employee
58 768
-
184 677
-
pensions
6 647
-
14 569
-
surtax
-
-
-
-
social contributions
1 674
-
5 263
-
income
5 128
-
43 416
-
total
13 449
-
63 248
-
Employer
58 768
-
184 677
-
health
4 113
-
19 132
-
pensions
9 656
-
24 219
-
unemployment
2 381
-
7 479
-
social contributions
176
-
554
-
other
2 028
-
7 940
-
total
18 354
-
59 324
-
Corporate
166 878
244 000
-
-
income
46 725
68 320
-
-
surtax
-
-
-
-
total
46 725
68 320
-
-
Dividends
120 153
175 680
-
-
surtax
-
-
-
-
social contributions
20 666
30 217
-
-
withholding
15 379
22 487
-
-
total
36 045
52 704
-
-
Income
244 000
244 000
244 000
244 000
Total tax
114 573
121 024
122 572
113 332
After tax
129 427
122 976
121 428
130 668
Living cost
45 319
45 319
45 319
45 319
Free-cash
84 108
77 657
76 109
85 349

Estimated living cost  is ₽45319 per week

₽30671
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3707
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽621
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10319
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽191395
₽155266
₽148782
₽188244
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
13 333
social contributions
-
-
-
53 680
total
-
-
-
67 013
Employee
30 166
-
211 255
-
income
-
-
14 054
-
social contributions
1 960
-
13 730
-
total
1 960
-
27 784
-
Employer
30 166
-
211 255
-
social contributions
4 676
-
32 745
-
total
4 676
-
32 745
-
Corporate
209 159
244 000
-
-
income
20 915
24 400
-
-
total
20 915
24 400
-
-
Dividends
188 244
219 600
-
-
total
-
-
-
-
Income
244 000
244 000
244 000
244 000
Total tax
27 551
24 400
60 529
67 013
After tax
216 449
219 600
183 471
176 987
Living cost
28 205
28 205
28 205
28 205
Free-cash
188 244
191 395
155 266
148 782

Estimated living cost  is ₽28205 per week

₽18237
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2126
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7311
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39574
₽39574
₽94171
₽19836
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
labour market
-
-
-
19 455
municipal
-
-
-
53 164
national
-
-
-
31 210
pensions
-
-
-
813
total
-
-
-
104 642
Employee
190 722
190 722
190 722
-
municipal
40 613
40 613
40 613
-
labour market
15 236
15 236
15 236
-
pensions
271
271
271
-
national
23 300
23 300
23 300
-
total
79 420
79 420
79 420
-
Employer
190 722
190 722
190 722
-
national
23 341
23 341
23 341
-
labour market
15 258
15 258
15 258
-
pensions
542
542
542
-
municipal
40 678
40 678
40 678
-
total
79 819
79 819
79 819
-
Corporate
39 574
-
-
-
income
8 706
-
-
-
total
8 706
-
-
-
Dividends
30 868
-
-
-
withholding
11 032
-
-
-
total
11 032
-
-
-
Income
244 000
244 000
244 000
244 000
Total tax
178 977
159 239
159 239
104 642
After tax
65 023
84 761
84 761
139 358
Living cost
45 187
45 187
45 187
45 187
Free-cash
19 836
39 574
39 574
94 171

Estimated living cost  is ₽45187 per week

₽30926
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3997
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽695
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9568
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽875
₽114578
₽145885
₽16598
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
240
income
-
-
-
70 844
other
-
-
-
353
health
-
-
-
2 077
pensions
-
-
-
3 962
total
-
-
-
77 476
Employee
32 466
-
224 270
-
pensions
3 656
-
7 264
-
income
4 454
-
56 110
-
health
3 718
-
25 679
-
total
11 828
-
89 053
-
Employer
32 466
-
224 270
-
pensions
5 279
-
10 490
-
accident
542
-
3 745
-
unemployment
796
-
5 495
-
total
6 617
-
19 730
-
Corporate
204 917
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.

184 425
219 600
-
-
total
184 425
219 600
-
-
Dividends
20 492
24 400
-
-
withholding
3 893
4 636
-
-
total
3 893
4 636
-
-
Income
244 000
244 000
244 000
244 000
Total tax
206 763
224 236
108 783
77 476
After tax
37 237
19 764
135 217
166 524
Living cost
20 639
20 639
20 639
20 639
Free-cash
16 598
-875
114 578
145 885

Estimated living cost  is ₽20639 per week

₽15023
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1177
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.
₽4052
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽110894
₽81966
₽109914
₽114879
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 365
municipal
-
-
-
43 315
national
-
-
-
51 382
total
-
-
-
98 062
Employee
49 366
-
205 266
-
municipal
8 086
-
33 401
-
unemployment
741
-
3 079
-
pensions
3 332
-
13 855
-
national
816
-
34 172
-
health
369
-
2 769
-
total
13 344
-
87 276
-
Employer
49 366
-
205 266
-
health
379
-
1 581
-
pensions
8 565
-
35 614
-
accident
50
-
205
-
unemployment
321
-
1 334
-
total
9 315
-
38 734
-
Corporate
185 319
244 000
-
-
income
37 063
48 799
-
-
total
37 063
48 799
-
-
Dividends

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

111 192
146 400
-
-
municipal
20 014
26 351
-
-
national
13 361
21 932
-
-
total
33 375
48 283
-
-
Income
244 000
244 000
244 000
244 000
Total tax
93 097
97 082
126 010
98 062
After tax
150 903
146 918
117 990
145 938
Living cost
36 024
36 024
36 024
36 024
Free-cash
114 879
110 894
81 966
109 914

Estimated living cost  is ₽36024 per week

₽23531
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3465
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8456
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

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
₽156020
₽139174
₽141110
₽150912
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
59 764
social contributions
-
-
-
15 181
health
-
-
-
6 221
total
-
-
-
81 166
Employee
72 151
72 151
231 637
-
social contributions
2 728
5 988
8 077
-
income
7 856
6 679
58 723
-
health
559
1 227
3 939
-
total
11 143
13 894
70 739
-
Employer
72 151
72 151
231 637
-
health
607
1 335
4 286
-
social contributions
2 728
5 988
8 077
-
total
3 335
7 323
12 363
-
Corporate
207 798
164 525
-
-
income
25 976
20 566
-
-
total
25 976
20 566
-
-
Dividends
181 822
143 959
-
-
withholding
30 910
24 473
-
-
total
30 910
24 473
-
-
Income
244 000
244 000
244 000
244 000
Total tax
71 364
66 256
83 102
81 166
After tax
172 636
177 744
160 898
162 834
Living cost
21 724
21 724
21 724
21 724
Free-cash
150 912
156 020
139 174
141 110

Estimated living cost  is ₽21724 per week

₽13020
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2131
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6093
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽187159
₽175415
₽194236
₽182386
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
25 475
unemployment
-
-
-
27
health
-
-
-
3 396
pensions
-
-
-
5 969
total
-
-
-
34 867
Employee

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

21 537
-
234 830
-
unemployment
107
-
445
-
pensions
3 230
-
13 355
-
income
1 473
-
23 150
-
health
1 830
-
7 568
-
total
6 640
-
44 518
-
Employer

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

21 537
-
234 830
-
health
926
-
3 828
-
pensions
1 184
-
4 897
-
unemployment
107
-
445
-
total
2 217
-
9 170
-
Corporate
220 246
244 000
-
-
income
19 822
21 960
-
-
total
19 822
21 960
-
-
Dividends
200 424
222 040
-
-
withholding
18 038
19 984
-
-
total
18 038
19 984
-
-
Income
244 000
244 000
244 000
244 000
Total tax
46 717
41 944
53 688
34 867
After tax
197 283
202 056
190 312
209 133
Living cost
14 897
14 897
14 897
14 897
Free-cash
182 386
187 159
175 415
194 236

Estimated living cost  is ₽14897 per week

₽9505
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1074
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽443
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3875
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽135890
₽106313
₽110250
₽131747
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
783
income
-
-
-
81 857
other
-
-
-
87
unemployment
-
-
-
609
pensions
-
-
-
24 612
total
-
-
-
107 948
Employee
34 695
-
216 274
-
other
34
-
87
-
unemployment
538
-
1 348
-
pensions
1 631
-
4 088
-
income
6 689
-
78 636
-
total
8 892
-
84 159
-
Employer
34 695
-
216 274
-
pensions
8 187
-
20 525
-
accident
687
-
1 722
-
unemployment
1 909
-
4 783
-
other
278
-
696
-
total
11 061
-
27 726
-
Corporate
198 244
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.

29 736
36 600
-
-
total
29 736
36 600
-
-
Dividends
168 508
207 400
-
-
withholding
36 762
45 708
-
-
total
36 762
45 708
-
-
Income
244 000
244 000
244 000
244 000
Total tax
86 451
82 308
111 885
107 948
After tax
157 549
161 692
132 115
136 052
Living cost
25 802
25 802
25 802
25 802
Free-cash
131 747
135 890
106 313
110 250

Estimated living cost  is ₽25802 per week

₽17416
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2480
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽452
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5454
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽150356
₽155449
₽155584
₽150044
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
84 125
health
-
-
-
1 005
pensions
-
-
-
1 386
total
-
-
-
86 516
Employee
2 894
-
242 441
-
unemployment
29
-
69
-
pensions
260
-
624
-
income
560
-
84 052
-
health
145
-
347
-
total
994
-
85 092
-
Employer
2 894
-
242 441
-
health
275
-
658
-
pensions
318
-
762
-
unemployment
58
-
139
-
total
651
-
1 559
-
Corporate
240 454
244 000
-
-
income
52 900
53 680
-
-
total
52 900
53 680
-
-
Dividends
187 554
190 320
-
-
withholding
37 511
38 064
-
-
total
37 511
38 064
-
-
Income
244 000
244 000
244 000
244 000
Total tax
92 056
91 744
86 651
86 516
After tax
151 944
152 256
157 349
157 484
Living cost
1 900
1 900
1 900
1 900
Free-cash
150 044
150 356
155 449
155 584

Estimated living cost  is ₽1900 per week

₽1129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽44
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽573
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽160094
₽144554
₽144554
₽155485
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
57 088
unemployment
-
-
-
1 038
health
-
-
-
7 129
pensions
-
-
-
17 995
total
-
-
-
83 250
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.

24 423
-
231 611
-
unemployment
183
-
519
-
pensions
3 419
-
9 690
-
income
3 367
-
57 088
-
health
1 258
-
3 564
-
total
8 227
-
70 861
-
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.

24 423
-
231 611
-
health
1 258
-
3 564
-
pensions
2 931
-
8 306
-
unemployment
183
-
519
-
total
4 372
-
12 389
-
Corporate
215 205
244 000
-
-
income
32 281
36 600
-
-
total
32 281
36 600
-
-
Dividends
182 924
207 400
-
-
withholding
27 439
31 110
-
-
total
27 439
31 110
-
-
Income
244 000
244 000
244 000
244 000
Total tax
72 319
67 710
83 250
83 250
After tax
171 681
176 290
160 750
160 750
Living cost
16 196
16 196
16 196
16 196
Free-cash
155 485
160 094
144 554
144 554

Estimated living cost  is ₽16196 per week

₽10905
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1253
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3570
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽113491
₽80042
₽100326
₽113153
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
33 587
surtax
-
-
-
-
social contributions

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

-
-
-
84 791
total
-
-
-
118 378
Employee
36 418
-
197 172
-
surtax
-
-
826
-
social contributions
4 006
-
21 690
-
income
7 116
-
69 318
-
total
11 122
-
91 834
-
Employer
36 418
-
197 172
-
social contributions
8 648
-
46 828
-
total
8 648
-
46 828
-
Corporate
198 934
244 000
-
-
income
41 777
51 241
-
-
surtax
-
-
-
-
total
41 777
51 241
-
-
Dividends
157 157
192 759
-
-
withholding
44 004
53 972
-
-
total
44 004
53 972
-
-
Income
244 000
244 000
244 000
244 000
Total tax
105 551
105 213
138 662
118 378
After tax
138 449
138 787
105 338
125 622
Living cost
25 296
25 296
25 296
25 296
Free-cash
113 153
113 491
80 042
100 326

Estimated living cost  is ₽25296 per week

₽17916
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1757
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5174
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽128716
₽99139
₽103076
₽122576
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
783
income
-
-
-
81 857
other
-
-
-
87
unemployment
-
-
-
609
pensions
-
-
-
24 612
total
-
-
-
107 948
Employee
45 316
-
216 274
-
other
45
-
87
-
unemployment
702
-
1 348
-
pensions
2 130
-
4 088
-
income
9 465
-
78 636
-
total
12 342
-
84 159
-
Employer
45 316
-
216 274
-
pensions
10 694
-
20 525
-
accident
897
-
1 722
-
unemployment
2 493
-
4 783
-
other
363
-
696
-
total
14 447
-
27 726
-
Corporate
184 236
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.

27 635
36 600
-
-
total
27 635
36 600
-
-
Dividends
156 601
207 400
-
-
withholding
34 024
45 708
-
-
total
34 024
45 708
-
-
Income
244 000
244 000
244 000
244 000
Total tax
88 448
82 308
111 885
107 948
After tax
155 552
161 692
132 115
136 052
Living cost
32 976
32 976
32 976
32 976
Free-cash
122 576
128 716
99 139
103 076

Estimated living cost  is ₽32976 per week

₽23682
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2564
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6266
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽192483
₽192933
₽182514
₽186765
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
36 600
unemployment
-
-
-
131
health
-
-
-
3 768
pensions

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

-
-
-
4 850
total
-
-
-
45 349
Employee
21 368
-
237 571
-
accident

We are using the highest rate at 1.1%.

235
-
360
-
pensions

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

1 876
-
2 877
-
income
2 137
-
23 757
-
health
983
-
1 507
-
total
5 231
-
28 501
-
Employer
21 368
-
237 571
-
health
1 475
-
2 261
-
pensions

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

2 355
-
3 611
-
accident

We are using the highest rate at 1.1%.

235
-
360
-
unemployment
128
-
197
-
total
4 193
-
6 429
-
Corporate
218 440
244 000
-
-
income
21 844
24 400
-
-
total
21 844
24 400
-
-
Dividends
196 596
219 600
-
-
withholding
9 830
10 980
-
-
total
9 830
10 980
-
-
Income
244 000
244 000
244 000
244 000
Total tax
41 098
35 380
34 930
45 349
After tax
202 902
208 620
209 070
198 651
Living cost
16 137
16 137
16 137
16 137
Free-cash
186 765
192 483
192 933
182 514

Estimated living cost  is ₽16137 per week

₽10673
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽924
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽385
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4156
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89219
₽112585
₽83832
₽101495
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
84 152
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.

-
-
-
4 628
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.

-
-
-
6 410
trade
-
-
-
28 753
total
-
-
-
123 943
Employee

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

46 686
-
244 000
-
surtax

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

212
-
4 628
-
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.

3 839
-
84 152
-
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.

6 410
-
6 410
-
total
10 461
-
95 190
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
197 314
244 000
-
-
income
29 597
36 600
-
-
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.

1 627
2 014
-
-
chamber of commerce
431
500
-
-
trade
28 315
35 014
-
-
total
59 970
74 128
-
-
Dividends
137 343
169 871
-
-
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.

1 870
2 317
-
-
withholding
33 979
42 111
-
-
total
35 849
44 428
-
-
Income
244 000
244 000
244 000
244 000
Total tax
106 280
118 556
95 190
123 943
After tax
137 720
125 444
148 810
120 057
Living cost
36 225
36 225
36 225
36 225
Free-cash
101 495
89 219
112 585
83 832

Estimated living cost  is ₽36225 per week

₽24989
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3898
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.
₽6813
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽117349
₽65927
₽65927
₽119422
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
82 091
social contributions
-
-
-
42 532
total
-
-
-
124 623
Employee
73 396
-
244 000
-
income
13 850
-
82 091
-
social contributions
6 098
-
42 532
-
total
19 948
-
124 623
-
Employer
73 396
-
244 000
-
total
-
-
-
-
Corporate
170 604
244 000
-
-
income
21 325
30 500
-
-
total
21 325
30 500
-
-
Dividends
149 279
213 500
-
-
withholding
29 855
42 701
-
-
total
29 855
42 701
-
-
Income
244 000
244 000
244 000
244 000
Total tax
71 128
73 201
124 623
124 623
After tax
172 872
170 799
119 377
119 377
Living cost
53 450
53 450
53 450
53 450
Free-cash
119 422
117 349
65 927
65 927

Estimated living cost  is ₽53450 per week

₽40664
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4355
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7920
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽119582
₽134625
₽167652
₽122859
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
5 687
total
-
-
-
42 287
Employee
43 044
-
239 684
-
income
4 671
-
66 682
-
social contributions
4 313
-
4 316
-
total
8 984
-
70 998
-
Employer
43 044
-
239 684
-
social contributions
4 313
-
4 316
-
total
4 313
-
4 316
-
Corporate
196 643
244 000
-
-
income
68 826
85 400
-
-
total
68 826
85 400
-
-
Dividends
127 818
158 600
-
-
social contributions
4 957
4 957
-
-
total
4 957
4 957
-
-
Income
244 000
244 000
244 000
244 000
Total tax
87 080
90 357
75 314
42 287
After tax
156 920
153 643
168 686
201 713
Living cost
34 061
34 061
34 061
34 061
Free-cash
122 859
119 582
134 625
167 652

Estimated living cost  is ₽34061 per week

₽22436
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2685
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8417
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽116394
₽99413
₽121060
₽121945
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
78 115
pensions
-
-
-
10 010
total
-
-
-
88 125
Employee
47 789
-
212 417
-
pensions
3 648
-
11 736
-
income
8 703
-
63 682
-
health
623
-
2 773
-
total
12 974
-
78 191
-
Employer
47 789
-
212 417
-
health
908
-
4 036
-
pensions
4 828
-
27 545
-
total
5 736
-
31 581
-
Corporate
190 474
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.

36 190
46 361
-
-
total
36 190
46 361
-
-
Dividends
154 284
197 639
-
-
withholding
32 339
46 430
-
-
total
32 339
46 430
-
-
Income
244 000
244 000
244 000
244 000
Total tax
87 239
92 791
109 772
88 125
After tax
156 761
151 209
134 228
155 875
Living cost
34 815
34 815
34 815
34 815
Free-cash
121 945
116 394
99 413
121 060

Estimated living cost  is ₽34815 per week

₽23883
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3202
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽436
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7293
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽2918
₽112535
₽143842
₽16285
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
240
income
-
-
-
70 844
other
-
-
-
353
health
-
-
-
2 077
pensions
-
-
-
3 962
total
-
-
-
77 476
Employee
35 680
-
224 270
-
pensions
4 018
-
7 264
-
income
4 895
-
56 110
-
health
4 085
-
25 679
-
total
12 998
-
89 053
-
Employer
35 680
-
224 270
-
pensions
5 801
-
10 490
-
accident
596
-
3 745
-
unemployment
874
-
5 495
-
total
7 271
-
19 730
-
Corporate
201 049
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.

180 944
219 600
-
-
total
180 944
219 600
-
-
Dividends
20 105
24 400
-
-
withholding
3 820
4 636
-
-
total
3 820
4 636
-
-
Income
244 000
244 000
244 000
244 000
Total tax
205 033
224 236
108 783
77 476
After tax
38 967
19 764
135 217
166 524
Living cost
22 682
22 682
22 682
22 682
Free-cash
16 285
-2 918
112 535
143 842

Estimated living cost  is ₽22682 per week

₽16646
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1322
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4257
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽173983
₽169266
₽148630
₽171144
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
41 420
unemployment
-
-
-
1 801
work injury
-
-
-
750
health insurance
-
-
-
11 106
pensions
-
-
-
27 616
total
-
-
-
82 693
Employee

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

20 283
-
244 000
-
health insurance
1 501
-
5 553
-
unemployment
243
-
901
-
work injury
101
-
375
-
pensions
3 732
-
13 808
-
income
2 028
-
41 420
-
total
7 605
-
62 057
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
223 717
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%.

22 372
24 400
-
-
total
22 372
24 400
-
-
Dividends
201 345
219 600
-
-
withholding
30 202
32 940
-
-
total
30 202
32 940
-
-
Income
244 000
244 000
244 000
244 000
Total tax
60 179
57 340
62 057
82 693
After tax
183 821
186 660
181 943
161 307
Living cost
12 677
12 677
12 677
12 677
Free-cash
171 144
173 983
169 266
148 630

Estimated living cost  is ₽12677 per week

₽7853
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽921
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽395
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3507
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91142
₽71364
₽79073
₽86875
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
46 962
regional
-
-
-
6 247
municipal
-
-
-
1 773
national
-
-
-
72 565
total
-
-
-
127 547
Employee
79 067
-
244 000
-
municipal
472
-
1 642
-
national
13 362
-
66 285
-
regional
1 194
-
5 761
-
social contributions
26 661
-
61 568
-
total
41 689
-
135 256
-
Employer
79 067
-
244 000
-
total
-
-
-
-
Corporate
164 933
244 000
-
-
municipal
7 950
11 761
-
-
nationa
39 583
58 561
-
-
total
47 533
70 322
-
-
Dividends
117 399
173 678
-
-
withholding
30 523
45 156
-
-
total
30 523
45 156
-
-
Income
244 000
244 000
244 000
244 000
Total tax
119 745
115 478
135 256
127 547
After tax
124 255
128 522
108 744
116 453
Living cost
37 380
37 380
37 380
37 380
Free-cash
86 875
91 142
71 364
79 073

Estimated living cost  is ₽37380 per week

₽26257
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2571
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽564
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7986
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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