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
₽ 249000
per

Your estimated
City
free-cash

Dresden , Germany
₽94901
₽106066
₽90176
₽122003
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
249 000
trade
-
-
-
31 827
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.

-
-
-
84 869
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.

-
-
-
6 894
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.

-
-
-
4 667
total
-
-
-
128 257
Employee

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

38 599
-
249 000
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 894
-
6 894
-
surtax

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

59
-
4 667
-
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.

1 078
-
84 869
-
total
8 031
-
96 430
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
210 401
249 000
-
-
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.

1 735
2 055
-
-
income
31 561
37 350
-
-
trade
33 139
39 217
-
-
chamber of commerce
456
511
-
-
total
66 891
79 133
-
-
Dividends
143 511
169 867
-
-
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.

1 951
2 315
-
-
withholding
35 494
42 084
-
-
total
37 445
44 399
-
-
Income
249 000
249 000
249 000
249 000
Total tax
112 367
123 532
96 430
128 257
After tax
136 633
125 468
152 570
120 743
Living cost
30 567
30 567
30 567
30 567
Free-cash
106 066
94 901
122 003
90 176

Estimated living cost  is ₽30567 per week

₽19227
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3564
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7205
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽104382
₽103534
₽89206
₽90543
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
249 000
municipal
-
-
-
27 786
pensions
-
-
-
29 880
national
-
-
-
48 457
social contributions
-
-
-
2 677
total
-
-
-
108 800
Employee
79 050
-
215 258
-
municipal
9 764
-
28 750
-
pensions
3 162
-
8 610
-
national
15 130
-
50 568
-
total
28 056
-
87 928
-
Employer
79 050
-
215 258
-
social contributions
850
-
2 314
-
pensions
6 324
-
17 221
-
total
7 174
-
19 535
-
Corporate
157 559
249 000
-
-
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%.

31 512
49 800
-
-
total
31 512
49 800
-
-
Dividends
126 047
199 200
-
-
withholding
27 730
43 824
-
-
total
27 730
43 824
-
-
Income
249 000
249 000
249 000
249 000
Total tax
94 472
93 624
107 463
108 800
After tax
154 528
155 376
141 537
140 200
Living cost
50 994
50 994
50 994
50 994
Free-cash
103 534
104 382
90 543
89 206

Estimated living cost  is ₽50994 per week

₽34660
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4740
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽763
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10830
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽178205
₽169927
₽71052
₽88421
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
249 000
microenterprise
-
-
-
-
income
-
-
-
54 792
surtax
-
-
-
63 495
social contributions

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

-
-
-
38 666
total
-
-
-
156 953
Employee
29 488
-
198 221
-
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.

3 244
-
13 229
-
surtax
-
-
28 742
-
income
5 249
-
46 835
-
total
8 493
-
88 806
-
Employer
29 488
-
198 221
-
social contributions

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

7 103
-
28 973
-
surtax
-
-
21 805
-
total
7 103
-
50 778
-
Corporate
212 409
249 000
-
-
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%.

42 482
49 800
-
-
total
42 482
49 800
-
-
Dividends

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

169 926
199 200
-
-
total
-
-
-
-
Income
249 000
249 000
249 000
249 000
Total tax
58 078
49 800
139 584
156 953
After tax
190 922
199 200
109 416
92 047
Living cost
20 995
20 995
20 995
20 995
Free-cash
169 927
178 205
88 421
71 052

Estimated living cost  is ₽20995 per week

₽13394
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1999
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.
₽5125
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82065
₽75883
₽90236
₽116932
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
249 000
income
-
-
-
92 220
pensions
-
-
-
11 824
health
-
-
-
12 444
total
-
-
-
116 488
Employee
86 179
86 179
230 246
-
health
13 228
11 251
12 444
-
income

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

14 106
14 106
46 770
-
pensions
15 512
11 824
11 824
-
total
42 846
37 181
71 038
-
Employer
86 179
86 179
230 246
-
unemployment
3 102
3 102
3 855
-
pensions
5 998
5 998
7 455
-
health
5 990
5 990
7 444
-
total
15 090
15 090
18 754
-
Corporate
148 787
147 730
-
-
income
29 757
29 546
-
-
total
29 757
29 546
-
-
Dividends
119 031
118 184
-
-
income
25 294
25 114
-
-
withholding
17 854
17 728
-
-
total
43 148
42 842
-
-
Income
249 000
249 000
249 000
249 000
Total tax
130 841
124 659
89 792
116 488
After tax
118 159
124 341
159 208
132 512
Living cost
42 276
42 276
42 276
42 276
Free-cash
75 883
82 065
116 932
90 236

Estimated living cost  is ₽42276 per week

₽29960
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3811
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽672
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7833
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96964
₽96088
₽84127
₽83182
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
249 000
municipal
-
-
-
66 870
accident
-
-
-
171
pensions
-
-
-
9 237
other
-
-
-
9 930
unemployment
-
-
-
86
health
-
-
-
5 332
national
-
-
-
34 257
total
-
-
-
125 883
Employee
55 558
-
222 151
-
municipal
16 567
-
66 245
-
national
-
-
33 734
-
total
16 567
-
99 979
-
Employer
55 558
-
222 151
-
accident
111
-
171
-
other
6 456
-
9 930
-
unemployment
1 467
-
2 256
-
pensions
6 006
-
9 237
-
health
3 417
-
5 255
-
total
17 457
-
26 849
-
Corporate
175 986
249 000
-
-
income
38 717
54 780
-
-
total
38 717
54 780
-
-
Dividends
137 269
194 220
-
-
withholding
41 181
58 266
-
-
total
41 181
58 266
-
-
Income
249 000
249 000
249 000
249 000
Total tax
113 922
113 046
126 828
125 883
After tax
135 078
135 954
122 172
123 117
Living cost
38 990
38 990
38 990
38 990
Free-cash
96 088
96 964
83 182
84 127

Estimated living cost  is ₽38990 per week

₽25841
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3826
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8731
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84545
₽98723
₽79684
₽112926
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
249 000
trade
-
-
-
33 242
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.

-
-
-
84 869
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.

-
-
-
6 894
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.

-
-
-
4 667
total
-
-
-
129 672
Employee

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

51 177
-
249 000
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 894
-
6 894
-
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.

241
-
4 667
-
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.

4 397
-
84 869
-
total
11 532
-
96 430
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
197 823
249 000
-
-
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.

1 632
2 055
-
-
income
29 674
37 350
-
-
trade
32 541
40 960
-
-
chamber of commerce
435
507
-
-
total
64 282
80 872
-
-
Dividends
133 541
168 128
-
-
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.

1 816
2 290
-
-
withholding
33 003
41 649
-
-
total
34 819
43 939
-
-
Income
249 000
249 000
249 000
249 000
Total tax
110 633
124 811
96 430
129 672
After tax
138 367
124 189
152 570
119 328
Living cost
39 644
39 644
39 644
39 644
Free-cash
98 723
84 545
112 926
79 684

Estimated living cost  is ₽39644 per week

₽26514
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4181
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8357
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽148686
₽144497
₽133893
₽131897
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
249 000
income
-
-
-
59 697
health
-
-
-
6 350
social contributions
-
-
-
16 328
total
-
-
-
82 375
Employee
77 600
77 600
235 949
-
social contributions
3 771
6 440
8 687
-
health
772
1 319
4 010
-
income
8 149
7 183
58 623
-
total
12 692
14 942
71 320
-
Employer
77 600
77 600
235 949
-
social contributions
3 771
6 440
8 687
-
health
841
1 436
4 364
-
total
4 612
7 876
13 051
-
Corporate
198 965
163 523
-
-
income
24 871
20 440
-
-
total
24 871
20 440
-
-
Dividends
174 094
143 083
-
-
withholding
29 596
24 324
-
-
total
29 596
24 324
-
-
Income
249 000
249 000
249 000
249 000
Total tax
71 771
67 582
84 371
82 375
After tax
177 229
181 418
164 629
166 625
Living cost
32 732
32 732
32 732
32 732
Free-cash
144 497
148 686
131 897
133 893

Estimated living cost  is ₽32732 per week

₽22376
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2557
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.
₽7251
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽121389
₽121770
₽154158
₽126009
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
249 000
income
-
-
-
30 440
pensions
-
-
-
24 900
unemployment
-
-
-
3 735
health
-
-
-
17 430
total
-
-
-
76 505
Employee

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

The minimum wage is 138,000 HUF per month.

26 470
10 535
208 368
-
health
1 853
737
14 586
-
income
3 236
1 288
25 473
-
pensions
2 647
1 053
20 837
-
unemployment
397
158
3 126
-
total
8 133
3 236
64 022
-
Employer

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

The minimum wage is 138,000 HUF per month.

26 470
10 535
208 368
-
pensions
5 162
2 054
40 632
-
total
5 162
2 054
40 632
-
Corporate
217 369
236 411
-
-
income
19 563
21 277
-
-
total
19 563
21 277
-
-
Dividends
197 806
215 134
-
-
social contributions
38 452
41 831
-
-
withholding
37 583
40 876
-
-
total
76 035
82 707
-
-
Income
249 000
249 000
249 000
249 000
Total tax
108 893
109 274
104 654
76 505
After tax
140 107
139 726
144 346
172 495
Living cost
18 337
18 337
18 337
18 337
Free-cash
121 770
121 389
126 009
154 158

Estimated living cost  is ₽18337 per week

₽12513
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1500
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽366
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3957
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽174825
₽168554
₽109087
₽119144
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
249 000
income
-
-
-
33 367
pensions
-
-
-
49 800
health
-
-
-
32 371
total
-
-
-
115 538
Employee
28 629
-
186 099
-
income
3 223
-
35 879
-
pensions
573
-
3 723
-
unemployment
458
-
2 978
-
total
4 254
-
42 580
-
Employer
28 629
-
186 099
-
unemployment
230
-
1 488
-
pensions
5 726
-
37 220
-
health
3 721
-
24 193
-
total
9 677
-
62 901
-
Corporate
210 695
249 000
-
-
income
42 140
49 800
-
-
total
42 140
49 800
-
-
Dividends
168 555
199 200
-
-
total
-
-
-
-
Income
249 000
249 000
249 000
249 000
Total tax
56 071
49 800
105 481
115 538
After tax
192 929
199 200
143 519
133 462
Living cost
24 375
24 375
24 375
24 375
Free-cash
168 554
174 825
119 144
109 087

Estimated living cost  is ₽24375 per week

₽16719
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1452
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.
₽5715
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1900
₽16783
₽147887
₽115722
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
249 000
accident
-
-
-
253
income
-
-
-
72 057
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
79 044
Employee
34 715
-
228 533
-
health
3 975
-
26 167
-
income
4 763
-
56 921
-
pensions
3 909
-
7 653
-
total
12 647
-
90 741
-
Employer
34 715
-
228 533
-
accident
580
-
3 817
-
unemployment
850
-
5 599
-
pensions
5 645
-
11 052
-
total
7 075
-
20 468
-
Corporate
207 210
249 000
-
-
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.

186 489
224 100
-
-
total
186 489
224 100
-
-
Dividends
20 721
24 900
-
-
withholding
3 937
4 731
-
-
total
3 937
4 731
-
-
Income
249 000
249 000
249 000
249 000
Total tax
210 148
228 831
111 209
79 044
After tax
38 852
20 169
137 791
169 956
Living cost
22 069
22 069
22 069
22 069
Free-cash
16 783
-1 900
115 722
147 887

Estimated living cost  is ₽22069 per week

₽16174
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4211
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽227471
₽225769
₽237431
₽190121
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
249 000
microenterprise

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

-
-
-
2 490
total
-
-
-
2 490
Employee
11 349
-
249 000
-
income
2 269
-
49 800
-
total
2 269
-
49 800
-
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%.

237 651
249 000
-
-
total
-
-
-
-
Dividends
237 651
249 000
-
-
withholding
11 883
12 450
-
-
total
11 883
12 450
-
-
Income
249 000
249 000
249 000
249 000
Total tax
14 152
12 450
49 800
2 490
After tax
234 848
236 550
199 200
246 510
Living cost
9 079
9 079
9 079
9 079
Free-cash
225 769
227 471
190 121
237 431

Estimated living cost  is ₽9079 per week

₽5627
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽755
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽250
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2448
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽156051
₽149235
₽125976
₽123968
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
249 000
income
-
-
-
45 261
pensions

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

-
-
-
36 831
other
-
-
-
7 289
health
-
-
-
6 753
total
-
-
-
96 134
Employee
36 642
-
209 877
-
health
513
-
2 149
-
income
6 308
-
44 593
-
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.

2 564
-
10 742
-
unemployment
366
-
1 534
-
total
9 751
-
59 018
-
Employer
36 642
-
209 877
-
accident
293
-
1 680
-
other
1 833
-
7 672
-
unemployment
366
-
1 534
-
pensions

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

6 230
-
26 089
-
health
513
-
2 149
-
total
9 235
-
39 124
-
Corporate
203 124
249 000
-
-
income
42 657
52 290
-
-
total
42 657
52 290
-
-
Dividends
160 467
196 710
-
-
withholding
11 232
13 769
-
-
total
11 232
13 769
-
-
Income
249 000
249 000
249 000
249 000
Total tax
72 875
66 059
98 142
96 134
After tax
176 125
182 941
150 858
152 866
Living cost
26 890
26 890
26 890
26 890
Free-cash
149 235
156 051
123 968
125 976

Estimated living cost  is ₽26890 per week

₽19000
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1816
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.
₽5642
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87649
₽95803
₽92085
₽69942
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
249 000
income
-
-
-
78 665
pensions
-
-
-
10 523
total
-
-
-
89 188
Employee
95 823
-
216 860
-
health
1 579
-
2 871
-
income
17 273
-
63 898
-
pensions
9 244
-
12 427
-
total
28 096
-
79 196
-
Employer
95 823
-
216 860
-
pensions
11 314
-
28 016
-
health
1 820
-
4 119
-
total
13 134
-
32 135
-
Corporate
140 043
249 000
-
-
income

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

26 609
47 310
-
-
total
26 609
47 310
-
-
Dividends
113 434
201 690
-
-
withholding
17 631
46 314
-
-
total
17 631
46 314
-
-
Income
249 000
249 000
249 000
249 000
Total tax
85 470
93 624
111 331
89 188
After tax
163 530
155 376
137 669
159 812
Living cost
67 727
67 727
67 727
67 727
Free-cash
95 803
87 649
69 942
92 085

Estimated living cost  is ₽67727 per week

₽50749
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7957
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8470
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽199656
₽194966
₽188994
₽199525
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
249 000
income
-
-
-
37 350
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
46 767
Employee
17 531
-
242 080
-
health
806
-
1 622
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
income
1 753
-
24 208
-
pensions

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

1 539
-
3 097
-
total
4 291
-
29 315
-
Employer
17 531
-
242 080
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
unemployment
105
-
212
-
pensions

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

1 932
-
3 887
-
health
1 210
-
2 434
-
total
3 440
-
6 921
-
Corporate
228 029
249 000
-
-
income
22 803
24 900
-
-
total
22 803
24 900
-
-
Dividends
205 226
224 100
-
-
withholding
10 261
11 205
-
-
total
10 261
11 205
-
-
Income
249 000
249 000
249 000
249 000
Total tax
40 795
36 105
36 236
46 767
After tax
208 205
212 895
212 764
202 233
Living cost
13 239
13 239
13 239
13 239
Free-cash
194 966
199 656
199 525
188 994

Estimated living cost  is ₽13239 per week

₽7729
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽945
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽351
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4214
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68381
₽70919
₽76552
₽103248
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
249 000
income
-
-
-
92 220
pensions
-
-
-
11 824
health
-
-
-
12 444
total
-
-
-
116 488
Employee
93 563
86 179
230 246
-
health
11 672
11 251
12 444
-
income

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

14 106
14 106
46 770
-
pensions
11 824
11 824
11 824
-
total
37 602
37 181
71 038
-
Employer
93 563
86 179
230 246
-
unemployment
3 369
3 102
3 855
-
pensions
6 511
5 998
7 455
-
health
6 502
5 990
7 444
-
total
16 382
15 090
18 754
-
Corporate
139 056
147 730
-
-
income
27 811
29 546
-
-
total
27 811
29 546
-
-
Dividends
111 245
118 184
-
-
income
23 640
25 114
-
-
withholding
16 686
17 728
-
-
total
40 326
42 842
-
-
Income
249 000
249 000
249 000
249 000
Total tax
122 121
124 659
89 792
116 488
After tax
126 879
124 341
159 208
132 512
Living cost
55 960
55 960
55 960
55 960
Free-cash
70 919
68 381
103 248
76 552

Estimated living cost  is ₽55960 per week

₽41280
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4998
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽642
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9041
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽147266
₽138644
₽125040
₽113825
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
249 000
income
-
-
-
27 091
health
-
-
-
33 615
solidarity contribution
-
-
-
4 305
social contributions
-
-
-
34 779
total
-
-
-
99 790
Employee
35 544
-
201 122
-
social contributions
2 310
-
7 742
-
health
4 798
-
27 152
-
solidarity contribution
-
-
3 299
-
income
4 265
-
24 934
-
total
11 373
-
63 127
-
Employer
35 544
-
201 122
-
social contributions
8 886
-
29 777
-
health
3 199
-
18 101
-
total
12 085
-
47 878
-
Corporate
201 371
249 000
-
-
income
38 261
47 310
-
-
total
38 261
47 310
-
-
Dividends
163 111
201 690
-
-
withholding
24 467
30 254
-
-
total
24 467
30 254
-
-
Income
249 000
249 000
249 000
249 000
Total tax
86 186
77 564
111 005
99 790
After tax
162 814
171 436
137 995
149 210
Living cost
24 170
24 170
24 170
24 170
Free-cash
138 644
147 266
113 825
125 040

Estimated living cost  is ₽24170 per week

₽16789
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1719
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5186
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90270
₽85000
₽78796
₽70239
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
249 000
municipal
-
-
-
1 588
regional
-
-
-
3 252
national
-
-
-
72 272
social contributions
-
-
-
50 509
total
-
-
-
127 621
Employee
89 689
-
249 000
-
social contributions
30 243
-
66 218
-
regional
846
-
2 980
-
municipal
475
-
1 463
-
national
15 541
-
65 517
-
total
47 105
-
136 178
-
Employer
89 689
-
249 000
-
total
-
-
-
-
Corporate
159 311
249 000
-
-
nationa
38 235
59 760
-
-
municipal
6 213
9 711
-
-
total
44 448
69 471
-
-
Dividends
114 864
179 528
-
-
withholding
29 864
46 676
-
-
total
29 864
46 676
-
-
Income
249 000
249 000
249 000
249 000
Total tax
121 417
116 147
136 178
127 621
After tax
127 583
132 853
112 822
121 379
Living cost
42 583
42 583
42 583
42 583
Free-cash
85 000
90 270
70 239
78 796

Estimated living cost  is ₽42583 per week

₽29684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2792
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽653
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9453
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽134352
₽131211
₽94618
₽88450
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
249 000
income
-
-
-
81 351
pensions
-
-
-
26 938
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
9 562
surtax
-
-
-
14 032
total
-
-
-
132 113
Employee
33 373
-
220 649
-
other
-
-
-
-
health
852
-
3 434
-
surtax
109
-
12 823
-
income
5 594
-
75 315
-
pensions
2 225
-
8 984
-
unemployment
2 323
-
9 374
-
total
11 103
-
109 930
-
Employer
33 373
-
220 649
-
other
-
-
-
-
unemployment
1 057
-
4 269
-
pensions
4 449
-
17 954
-
health
1 519
-
6 128
-
total
7 025
-
28 351
-
Corporate
208 603
249 000
-
-
income
54 237
64 740
-
-
total
54 237
64 740
-
-
Dividends
154 366
184 260
-
-
withholding
23 155
27 639
-
-
total
23 155
27 639
-
-
Income
249 000
249 000
249 000
249 000
Total tax
95 520
92 379
138 281
132 113
After tax
153 480
156 621
110 719
116 887
Living cost
22 269
22 269
22 269
22 269
Free-cash
131 211
134 352
88 450
94 618

Estimated living cost  is ₽22269 per week

₽13616
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2055
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6084
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽109107
₽115797
₽113543
₽91400
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
249 000
income
-
-
-
78 665
pensions
-
-
-
10 523
total
-
-
-
89 188
Employee
64 218
-
216 860
-
health
932
-
2 871
-
income
11 566
-
63 898
-
pensions
5 451
-
12 427
-
total
17 949
-
79 196
-
Employer
64 218
-
216 860
-
pensions
6 952
-
28 016
-
health
1 220
-
4 119
-
total
8 172
-
32 135
-
Corporate
176 610
249 000
-
-
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.

33 556
47 310
-
-
total
33 556
47 310
-
-
Dividends
143 054
201 690
-
-
withholding
27 257
46 314
-
-
total
27 257
46 314
-
-
Income
249 000
249 000
249 000
249 000
Total tax
86 934
93 624
111 331
89 188
After tax
162 066
155 376
137 669
159 812
Living cost
46 269
46 269
46 269
46 269
Free-cash
115 797
109 107
91 400
113 543

Estimated living cost  is ₽46269 per week

₽34665
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3468
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7652
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

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
₽37589
₽70222
₽119317
₽111743
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
249 000
city
-
-
-
2 625
pensions
-
-
-
22 908
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.

-
-
-
4 980
regional
-
-
-
14 692
health
-
-
-
560
national
-
-
-
7 645
total
-
-
-
53 410
Employee
89 259
-
224 717
-
city
958
-
2 439
-
regional
2 923
-
13 147
-
health
202
-
505
-
pensions
7 499
-
16 812
-
unemployment
-
-
-
-
national
422
-
6 270
-
total
12 004
-
39 173
-
Employer
89 259
-
224 717
-
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.

1 785
-
4 494
-
unemployment
-
-
-
-
pensions
7 499
-
16 812
-
health
202
-
505
-
total
9 486
-
21 811
-
Corporate
149 275
249 000
-
-
regional
31 571
52 663
-
-
national
12 688
21 165
-
-
total
44 259
73 828
-
-
Dividends
105 016
175 173
-
-
withholding
36 756
61 310
-
-
total
36 756
61 310
-
-
Income
249 000
249 000
249 000
249 000
Total tax
102 505
135 138
60 984
53 410
After tax
146 495
113 862
188 016
195 590
Living cost
76 273
76 273
76 273
76 273
Free-cash
70 222
37 589
111 743
119 317

Estimated living cost  is ₽76273 per week

₽49599
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6845
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽936
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18892
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽76675
₽93045
₽71682
₽106339
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
249 000
trade
-
-
-
34 657
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.

-
-
-
84 869
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.

-
-
-
6 894
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.

-
-
-
4 667
total
-
-
-
131 087
Employee

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

60 649
-
249 000
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 894
-
6 894
-
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.

393
-
4 667
-
income

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

7 132
-
84 869
-
total
14 419
-
96 430
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
188 351
249 000
-
-
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.

1 553
2 055
-
-
income
28 253
37 350
-
-
trade
32 302
42 703
-
-
chamber of commerce
417
504
-
-
total
62 525
82 612
-
-
Dividends
125 825
166 389
-
-
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.

1 708
2 267
-
-
withholding
31 072
41 215
-
-
total
32 780
43 482
-
-
Income
249 000
249 000
249 000
249 000
Total tax
109 724
126 094
96 430
131 087
After tax
139 276
122 906
152 570
117 913
Living cost
46 230
46 230
46 230
46 230
Free-cash
93 045
76 675
106 339
71 682

Estimated living cost  is ₽46230 per week

₽33765
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3698
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽601
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8168
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90967
₽96931
₽99824
₽91135
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
249 000
income
-
-
-
49 472
pensions
-
-
-
37 609
other
-
-
-
7 720
health
-
-
-
12 753
surtax
-
-
-
-
social contributions
-
-
-
7 095
total
-
-
-
114 649
Employee
43 191
-
188 970
-
social contributions
1 231
-
5 385
-
surtax
-
-
-
-
income
2 549
-
43 228
-
pensions
4 883
-
14 693
-
total
8 663
-
63 306
-
Employer
43 191
-
188 970
-
other
1 490
-
8 033
-
social contributions
130
-
567
-
unemployment
1 748
-
7 653
-
pensions
7 095
-
24 456
-
health
3 024
-
19 323
-
total
13 487
-
60 032
-
Corporate
192 321
249 000
-
-
surtax
-
-
-
-
income
53 850
69 721
-
-
total
53 850
69 721
-
-
Dividends
138 471
179 279
-
-
surtax
-
-
-
-
social contributions
23 818
30 837
-
-
withholding
17 724
22 948
-
-
total
41 542
53 785
-
-
Income
249 000
249 000
249 000
249 000
Total tax
117 542
123 506
123 338
114 649
After tax
131 458
125 494
125 662
134 351
Living cost
34 527
34 527
34 527
34 527
Free-cash
96 931
90 967
91 135
99 824

Estimated living cost  is ₽34527 per week

₽21771
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2808
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽588
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9363
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94388
₽99996
₽103245
₽94556
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
249 000
income
-
-
-
49 472
pensions
-
-
-
37 609
other
-
-
-
7 720
health
-
-
-
12 753
surtax
-
-
-
-
social contributions
-
-
-
7 095
total
-
-
-
114 649
Employee
38 554
-
188 970
-
social contributions
1 099
-
5 385
-
surtax
-
-
-
-
income
1 988
-
43 228
-
pensions
4 361
-
14 693
-
total
7 448
-
63 306
-
Employer
38 554
-
188 970
-
other
1 331
-
8 033
-
social contributions
115
-
567
-
unemployment
1 561
-
7 653
-
pensions
6 335
-
24 456
-
health
2 698
-
19 323
-
total
12 040
-
60 032
-
Corporate
198 406
249 000
-
-
surtax
-
-
-
-
income
55 553
69 721
-
-
total
55 553
69 721
-
-
Dividends
142 853
179 279
-
-
surtax
-
-
-
-
social contributions
24 572
30 837
-
-
withholding
18 285
22 948
-
-
total
42 857
53 785
-
-
Income
249 000
249 000
249 000
249 000
Total tax
117 898
123 506
123 338
114 649
After tax
131 102
125 494
125 662
134 351
Living cost
31 106
31 106
31 106
31 106
Free-cash
99 996
94 388
94 556
103 245

Estimated living cost  is ₽31106 per week

₽18040
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3160
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9317
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽130511
₽131035
₽138510
₽131283
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
249 000
income
-
-
-
37 350
health
-
-
-
17 379
social contributions
-
-
-
34 362
total
-
-
-
89 091
Employee
34 217
-
249 000
-
social contributions
4 723
-
34 362
-
health
2 388
-
17 379
-
income
5 707
-
44 577
-
total
12 818
-
96 318
-
Employer
34 217
-
249 000
-
total
-
-
-
-
Corporate
214 783
249 000
-
-
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%.

10 740
12 450
-
-
total
10 740
12 450
-
-
Dividends
204 043
236 550
-
-
health
14 243
16 512
-
-
social contributions
28 158
32 645
-
-
withholding
30 607
35 483
-
-
total
73 008
84 640
-
-
Income
249 000
249 000
249 000
249 000
Total tax
96 566
97 090
96 318
89 091
After tax
152 434
151 910
152 682
159 909
Living cost
21 399
21 399
21 399
21 399
Free-cash
131 035
130 511
131 283
138 510

Estimated living cost  is ₽21399 per week

₽14321
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1319
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5265
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽101533
₽99970
₽91643
₽29197
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
249 000
chamber of commerce
-
-
-
996
income
-
-
-
83 584
pensions
-
-
-
21 811
unemployment
-
-
-
6 190
health
-
-
-
9 018
surtax
-
-
-
199
total
-
-
-
121 798
Employee
50 434
40 217
208 274
-
other
504
402
1 180
-
health
1 951
1 557
4 562
-
income
5 741
2 966
71 055
-
pensions
5 165
4 117
12 073
-
unemployment
1 513
1 207
3 537
-
total
14 874
10 249
92 407
-
Employer
50 434
40 217
208 274
-
accident
655
523
1 532
-
other
2 396
1 909
9 123
-
chamber of commerce
201
161
833
-
unemployment
1 513
1 207
3 537
-
surtax
199
199
199
-
pensions
6 329
5 048
14 796
-
payroll
1 513
1 207
6 249
-
health
1 906
1 521
4 456
-
total
14 712
11 775
40 725
-
Corporate
183 855
197 009
204 444
-
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.

45 964
49 252
51 112
-
total
45 964
49 252
51 112
-
Dividends
137 891
147 757
-
-
withholding
37 921
40 632
-
-
total
37 921
40 632
-
-
Income
249 000
249 000
249 000
249 000
Total tax
113 471
111 908
184 244
121 798
After tax
135 529
137 092
64 756
127 202
Living cost
35 559
35 559
35 559
35 559
Free-cash
99 970
101 533
29 197
91 643

Estimated living cost  is ₽35559 per week

₽23716
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3033
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8225
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98621
₽87180
₽71615
₽46892
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
249 000
national
-
-
-
101 998
communal

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

-
-
-
13 431
social contributions
-
-
-
25 160
total
-
-
-
140 589
Employee

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

72 186
-
192 859
-
communal

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

3 765
-
10 060
-
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.

3 392
-
9 064
-
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.

5 414
-
14 465
-
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.

628
-
1 678
-
national
22 193
-
73 905
-
total
35 392
-
109 172
-
Employer

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

72 186
-
192 859
-
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.

938
-
2 507
-
unemployment

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

1 053
-
2 815
-
surtax
8 185
-
21 870
-
pensions

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

6 396
-
17 086
-
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.

4 439
-
11 862
-
total
21 011
-
56 140
-
Corporate
155 801
249 000
-
-
surtax
622
1 099
-
-
income
31 160
54 974
-
-
total
31 782
56 073
-
-
Dividends
124 018
192 926
-
-
withholding

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

36 839
57 510
-
-
total
36 839
57 510
-
-
Income
249 000
249 000
249 000
249 000
Total tax
125 024
113 583
165 312
140 589
After tax
123 976
135 417
83 688
108 411
Living cost
36 796
36 796
36 796
36 796
Free-cash
87 180
98 621
46 892
71 615

Estimated living cost  is ₽36796 per week

₽23701
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3217
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽576
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9302
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽128670
₽121759
₽102496
₽98261
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
249 000
accident
-
-
-
843
income
-
-
-
81 997
pensions
-
-
-
26 470
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
110 059
Employee
50 234
-
219 180
-
other
50
-
94
-
income
10 599
-
78 533
-
pensions
2 361
-
4 397
-
unemployment
779
-
1 450
-
total
13 789
-
84 474
-
Employer
50 234
-
219 180
-
accident
994
-
1 852
-
other
400
-
749
-
unemployment
2 763
-
5 144
-
pensions
11 854
-
22 075
-
total
16 011
-
29 820
-
Corporate
182 754
249 000
-
-
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.

27 413
37 350
-
-
total
27 413
37 350
-
-
Dividends
155 341
211 650
-
-
withholding
33 583
46 535
-
-
total
33 583
46 535
-
-
Income
249 000
249 000
249 000
249 000
Total tax
90 796
83 885
114 294
110 059
After tax
158 204
165 115
134 706
138 941
Living cost
36 445
36 445
36 445
36 445
Free-cash
121 759
128 670
98 261
102 496

Estimated living cost  is ₽36445 per week

₽26838
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2585
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽6496
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84244
₽70362
₽61459
₽70186
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
249 000
accident
-
-
-
2 020
income
-
-
-
49 717
pensions
-
-
-
35 902
health
-
-
-
16 828
surtax
-
-
-
12 496
communal
-
-
-
15 736
total
-
-
-
132 699
Employee
76 423
-
222 422
-
health
3 401
-
9 897
-
surtax
4 684
-
13 632
-
income
7 382
-
56 073
-
pensions
6 113
-
17 793
-
total
21 580
-
97 395
-
Employer
76 423
-
222 422
-
accident
688
-
2 001
-
pensions
6 113
-
17 793
-
health
2 331
-
6 783
-
total
9 132
-
26 577
-
Corporate
163 445
249 000
-
-
surtax
1 716
2 614
-
-
communal
11 033
16 807
-
-
income
24 517
37 350
-
-
total
37 266
56 771
-
-
Dividends
126 180
192 229
-
-
income
36 891
24 309
-
-
withholding
18 927
28 834
-
-
total
55 818
53 143
-
-
Income
249 000
249 000
249 000
249 000
Total tax
123 796
109 914
123 972
132 699
After tax
125 204
139 086
125 028
116 301
Living cost
54 842
54 842
54 842
54 842
Free-cash
70 362
84 244
70 186
61 459

Estimated living cost  is ₽54842 per week

₽41140
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3323
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9798
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽133954
₽130744
₽94220
₽88052
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
249 000
income
-
-
-
81 351
pensions
-
-
-
26 938
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
9 562
surtax
-
-
-
14 032
total
-
-
-
132 113
Employee
33 985
-
220 649
-
other
-
-
-
-
health
868
-
3 434
-
surtax
121
-
12 823
-
income
5 697
-
75 315
-
pensions
2 267
-
8 984
-
unemployment
2 365
-
9 374
-
total
11 318
-
109 930
-
Employer
33 985
-
220 649
-
other
-
-
-
-
unemployment
1 078
-
4 269
-
pensions
4 531
-
17 954
-
health
1 545
-
6 128
-
total
7 154
-
28 351
-
Corporate
207 860
249 000
-
-
income
54 044
64 740
-
-
total
54 044
64 740
-
-
Dividends
153 816
184 260
-
-
withholding
23 073
27 639
-
-
total
23 073
27 639
-
-
Income
249 000
249 000
249 000
249 000
Total tax
95 589
92 379
138 281
132 113
After tax
153 411
156 621
110 719
116 887
Living cost
22 667
22 667
22 667
22 667
Free-cash
130 744
133 954
88 052
94 220

Estimated living cost  is ₽22667 per week

₽13685
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1971
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6486
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽103695
₽101454
₽93416
₽84907
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
249 000
municipal
-
-
-
1 588
regional
-
-
-
4 030
national
-
-
-
72 272
social contributions
-
-
-
50 509
total
-
-
-
128 399
Employee
55 980
-
249 000
-
social contributions
18 877
-
66 218
-
regional
754
-
3 710
-
municipal
297
-
1 463
-
national
8 869
-
65 517
-
total
28 797
-
136 908
-
Employer
55 980
-
249 000
-
total
-
-
-
-
Corporate
193 020
249 000
-
-
nationa
46 324
59 760
-
-
municipal
9 593
12 375
-
-
total
55 917
72 135
-
-
Dividends
137 103
176 864
-
-
withholding
35 647
45 985
-
-
total
35 647
45 985
-
-
Income
249 000
249 000
249 000
249 000
Total tax
120 361
118 120
136 908
128 399
After tax
128 639
130 880
112 092
120 601
Living cost
27 185
27 185
27 185
27 185
Free-cash
101 454
103 695
84 907
93 416

Estimated living cost  is ₽27185 per week

₽16906
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2754
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.
₽7059
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽141653
₽131027
₽119427
₽108212
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
249 000
income
-
-
-
27 091
health
-
-
-
33 615
solidarity contribution
-
-
-
4 305
social contributions
-
-
-
34 779
total
-
-
-
99 790
Employee
43 799
-
201 122
-
social contributions
2 847
-
7 742
-
health
5 913
-
27 152
-
solidarity contribution
-
-
3 299
-
income
5 256
-
24 934
-
total
14 016
-
63 127
-
Employer
43 799
-
201 122
-
social contributions
10 950
-
29 777
-
health
3 942
-
18 101
-
total
14 892
-
47 878
-
Corporate
190 309
249 000
-
-
income
36 159
47 310
-
-
total
36 159
47 310
-
-
Dividends
154 150
201 690
-
-
withholding
23 123
30 254
-
-
total
23 123
30 254
-
-
Income
249 000
249 000
249 000
249 000
Total tax
88 190
77 564
111 005
99 790
After tax
160 810
171 436
137 995
149 210
Living cost
29 783
29 783
29 783
29 783
Free-cash
131 027
141 653
108 212
119 427

Estimated living cost  is ₽29783 per week

₽22149
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1650
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5469
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽105002
₽104504
₽95205
₽32607
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
249 000
chamber of commerce
-
-
-
996
income
-
-
-
83 584
pensions
-
-
-
21 811
unemployment
-
-
-
6 190
health
-
-
-
9 018
surtax
-
-
-
-
total
-
-
-
121 599
Employee
44 114
40 217
208 460
-
other
440
402
1 180
-
health
1 706
1 557
4 562
-
income
3 930
2 966
71 147
-
pensions
4 518
4 117
12 073
-
unemployment
1 323
1 207
3 537
-
total
11 917
10 249
92 499
-
Employer
44 114
40 217
208 460
-
accident
573
523
1 532
-
other
2 095
1 909
9 131
-
chamber of commerce
176
161
833
-
unemployment
1 323
1 207
3 537
-
surtax
-
-
-
-
pensions
5 537
5 048
14 796
-
payroll
1 323
1 207
6 255
-
health
1 668
1 521
4 456
-
total
12 695
11 576
40 540
-
Corporate
192 191
197 208
204 629
-
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.

48 048
49 302
51 158
-
total
48 048
49 302
51 158
-
Dividends
144 144
147 906
-
-
withholding
39 640
40 675
-
-
total
39 640
40 675
-
-
Income
249 000
249 000
249 000
249 000
Total tax
112 300
111 802
184 197
121 599
After tax
136 700
137 198
64 803
127 401
Living cost
32 196
32 196
32 196
32 196
Free-cash
104 504
105 002
32 607
95 205

Estimated living cost  is ₽32196 per week

₽19314
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3288
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9020
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽222401
₽219748
₽232361
₽185051
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
249 000
microenterprise

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

-
-
-
2 490
total
-
-
-
2 490
Employee
17 686
-
249 000
-
income
3 537
-
49 800
-
total
3 537
-
49 800
-
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%.

231 314
249 000
-
-
total
-
-
-
-
Dividends
231 314
249 000
-
-
withholding
11 566
12 450
-
-
total
11 566
12 450
-
-
Income
249 000
249 000
249 000
249 000
Total tax
15 103
12 450
49 800
2 490
After tax
233 897
236 550
199 200
246 510
Living cost
14 149
14 149
14 149
14 149
Free-cash
219 748
222 401
185 051
232 361

Estimated living cost  is ₽14149 per week

₽9574
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽594
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3505
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽144369
₽135929
₽86214
₽80808
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
249 000
income
-
-
-
65 369
pensions
-
-
-
45 474
unemployment
-
-
-
373
health
-
-
-
24 502
total
-
-
-
135 718
Employee

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

44 626
-
215 452
-
health
2 882
-
13 919
-
income
7 696
-
59 960
-
pensions
6 917
-
33 395
-
unemployment
63
-
303
-
total
17 558
-
107 577
-
Employer

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

44 626
-
215 452
-
unemployment
27
-
130
-
pensions
3 949
-
19 067
-
health
2 972
-
14 350
-
total
6 948
-
33 547
-
Corporate
197 426
249 000
-
-
income
37 511
47 310
-
-
total
37 511
47 310
-
-
Dividends
159 916
201 690
-
-
withholding
23 986
30 253
-
-
total
23 986
30 253
-
-
Income
249 000
249 000
249 000
249 000
Total tax
86 003
77 563
141 124
135 718
After tax
162 997
171 437
107 876
113 282
Living cost
27 068
27 068
27 068
27 068
Free-cash
135 929
144 369
80 808
86 214

Estimated living cost  is ₽27068 per week

₽18576
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1735
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.
₽6234
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽107912
₽59870
₽128499
₽192133
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
249 000
income
-
-
-
48 535
social contributions
-
-
-
28 386
total
-
-
-
76 921
Employee
62 487
-
-
-
social contributions
5 124
-
730
-
income
13 783
-
-
-
total
18 907
-
730
-
Employer
62 487
-
-
-
social contributions
88 107
-
12 557
-
total
88 107
-
12 557
-
Corporate
98 406
249 000
-
-
income
21 649
54 780
-
-
total
21 649
54 780
-
-
Dividends
76 757
194 220
-
-
income
16 887
42 728
-
-
total
16 887
42 728
-
-
Income
249 000
249 000
249 000
249 000
Total tax
145 550
97 508
13 287
76 921
After tax
103 450
151 492
235 713
172 079
Living cost
43 580
43 580
43 580
43 580
Free-cash
59 870
107 912
192 133
128 499

Estimated living cost  is ₽43580 per week

₽28276
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4099
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10649
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽109976
₽108962
₽97126
₽76860
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
249 000
income
-
-
-
33 693
surtax
-
-
-
-
social contributions

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

-
-
-
86 527
total
-
-
-
120 220
Employee
46 414
-
201 213
-
social contributions
5 106
-
22 133
-
surtax
-
-
647
-
income
9 654
-
69 919
-
total
14 760
-
92 699
-
Employer
46 414
-
201 213
-
social contributions
11 023
-
47 787
-
total
11 023
-
47 787
-
Corporate
191 563
249 000
-
-
surtax
-
-
-
-
income
40 228
52 290
-
-
total
40 228
52 290
-
-
Dividends
151 335
196 710
-
-
withholding
42 373
55 080
-
-
total
42 373
55 080
-
-
Income
249 000
249 000
249 000
249 000
Total tax
108 384
107 370
140 486
120 220
After tax
140 616
141 630
108 514
128 780
Living cost
31 654
31 654
31 654
31 654
Free-cash
108 962
109 976
76 860
97 126

Estimated living cost  is ₽31654 per week

₽23684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1867
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽529
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5575
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76752
₽83693
₽85609
₽76920
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
249 000
income
-
-
-
49 472
pensions
-
-
-
37 609
other
-
-
-
7 720
health
-
-
-
12 753
surtax
-
-
-
-
social contributions
-
-
-
7 095
total
-
-
-
114 649
Employee
63 206
-
188 970
-
social contributions
1 800
-
5 385
-
surtax
-
-
-
-
income
5 515
-
43 228
-
pensions
7 149
-
14 693
-
total
14 464
-
63 306
-
Employer
63 206
-
188 970
-
other
2 181
-
8 033
-
social contributions
190
-
567
-
unemployment
2 560
-
7 653
-
pensions
10 386
-
24 456
-
health
4 424
-
19 323
-
total
19 741
-
60 032
-
Corporate
166 053
249 000
-
-
surtax
-
-
-
-
income
46 494
69 721
-
-
total
46 494
69 721
-
-
Dividends
119 559
179 279
-
-
surtax
-
-
-
-
social contributions
20 564
30 837
-
-
withholding
15 303
22 948
-
-
total
35 867
53 785
-
-
Income
249 000
249 000
249 000
249 000
Total tax
116 566
123 506
123 338
114 649
After tax
132 434
125 494
125 662
134 351
Living cost
48 742
48 742
48 742
48 742
Free-cash
83 693
76 752
76 920
85 609

Estimated living cost  is ₽48742 per week

₽32987
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3987
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽668
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11098
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽193765
₽190375
₽150591
₽157208
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
249 000
income
-
-
-
13 295
social contributions
-
-
-
54 779
total
-
-
-
68 074
Employee
32 444
-
215 584
-
income
-
-
14 028
-
social contributions
2 109
-
14 013
-
total
2 109
-
28 041
-
Employer
32 444
-
215 584
-
social contributions
5 029
-
33 416
-
total
5 029
-
33 416
-
Corporate
211 527
249 000
-
-
income
21 152
24 900
-
-
total
21 152
24 900
-
-
Dividends
190 375
224 100
-
-
total
-
-
-
-
Income
249 000
249 000
249 000
249 000
Total tax
28 290
24 900
61 457
68 074
After tax
220 710
224 100
187 543
180 926
Living cost
30 335
30 335
30 335
30 335
Free-cash
190 375
193 765
157 208
150 591

Estimated living cost  is ₽30335 per week

₽19614
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2287
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7863
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29029
₽15212
₽94120
₽29029
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
249 000
municipal
-
-
-
53 981
pensions
-
-
-
875
national
-
-
-
31 551
labour market
-
-
-
19 850
total
-
-
-
106 257
Employee
205 225
205 225
205 225
-
labour market
16 395
16 395
16 395
-
national
25 072
25 072
25 072
-
municipal
43 701
43 701
43 701
-
pensions
292
292
292
-
total
85 460
85 460
85 460
-
Employer
205 225
205 225
205 225
-
labour market
16 418
16 418
16 418
-
municipal
43 771
43 771
43 771
-
pensions
583
583
583
-
national
25 116
25 116
25 116
-
total
85 888
85 888
85 888
-
Corporate
29 029
-
-
-
income
6 387
-
-
-
total
6 387
-
-
-
Dividends
22 643
-
-
-
withholding
7 430
-
-
-
total
7 430
-
-
-
Income
249 000
249 000
249 000
249 000
Total tax
185 165
171 348
171 348
106 257
After tax
63 835
77 652
77 652
142 743
Living cost
48 623
48 623
48 623
48 623
Free-cash
15 212
29 029
29 029
94 120

Estimated living cost  is ₽48623 per week

₽33278
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4301
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.
₽10296
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1574
₽16833
₽148213
₽116048
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
249 000
accident
-
-
-
253
income
-
-
-
72 057
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
79 044
Employee
34 203
-
228 533
-
health
3 917
-
26 167
-
income
4 692
-
56 921
-
pensions
3 852
-
7 653
-
total
12 461
-
90 741
-
Employer
34 203
-
228 533
-
accident
571
-
3 817
-
unemployment
838
-
5 599
-
pensions
5 561
-
11 052
-
total
6 970
-
20 468
-
Corporate
207 826
249 000
-
-
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.

187 044
224 100
-
-
total
187 044
224 100
-
-
Dividends
20 782
24 900
-
-
withholding
3 949
4 731
-
-
total
3 949
4 731
-
-
Income
249 000
249 000
249 000
249 000
Total tax
210 424
228 831
111 209
79 044
After tax
38 576
20 169
137 791
169 956
Living cost
21 743
21 743
21 743
21 743
Free-cash
16 833
-1 574
116 048
148 213

Estimated living cost  is ₽21743 per week

₽15827
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1239
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4269
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽112491
₽115975
₽111507
₽82985
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
249 000
municipal
-
-
-
44 206
health
-
-
-
3 413
national
-
-
-
51 129
total
-
-
-
98 748
Employee
53 094
-
209 473
-
health
396
-
2 806
-
municipal
8 696
-
34 089
-
pensions
3 583
-
14 139
-
unemployment
797
-
3 143
-
national
877
-
33 566
-
total
14 349
-
87 743
-
Employer
53 094
-
209 473
-
accident
54
-
209
-
unemployment
345
-
1 362
-
pensions
9 212
-
36 343
-
health
408
-
1 613
-
total
10 019
-
39 527
-
Corporate
185 888
249 000
-
-
income
37 178
49 800
-
-
total
37 178
49 800
-
-
Dividends

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

111 533
149 400
-
-
national
12 658
21 072
-
-
municipal
20 076
26 892
-
-
total
32 734
47 964
-
-
Income
249 000
249 000
249 000
249 000
Total tax
94 280
97 764
127 270
98 748
After tax
154 720
151 236
121 730
150 252
Living cost
38 745
38 745
38 745
38 745
Free-cash
115 975
112 491
82 985
111 507

Estimated living cost  is ₽38745 per week

₽25308
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽617
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9095
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽158053
₽152559
₽143260
₽141264
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
249 000
income
-
-
-
59 697
health
-
-
-
6 350
social contributions
-
-
-
16 328
total
-
-
-
82 375
Employee
77 600
77 600
235 949
-
social contributions
2 934
6 440
8 687
-
health
601
1 319
4 010
-
income
8 449
7 183
58 623
-
total
11 984
14 942
71 320
-
Employer
77 600
77 600
235 949
-
social contributions
2 934
6 440
8 687
-
health
653
1 436
4 364
-
total
3 587
7 876
13 051
-
Corporate
210 063
163 523
-
-
income
26 258
20 440
-
-
total
26 258
20 440
-
-
Dividends
183 806
143 083
-
-
withholding
31 247
24 324
-
-
total
31 247
24 324
-
-
Income
249 000
249 000
249 000
249 000
Total tax
73 076
67 582
84 371
82 375
After tax
175 924
181 418
164 629
166 625
Living cost
23 365
23 365
23 365
23 365
Free-cash
152 559
158 053
141 264
143 260

Estimated living cost  is ₽23365 per week

₽14003
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2292
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6553
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽190173
₽185039
₽196954
₽176714
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
249 000
income
-
-
-
25 923
pensions
-
-
-
6 419
unemployment
-
-
-
29
health
-
-
-
3 652
total
-
-
-
36 023
Employee

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

23 164
-
239 137
-
health
1 969
-
8 139
-
income
1 584
-
23 420
-
pensions
3 474
-
14 363
-
unemployment
115
-
479
-
total
7 142
-
46 401
-
Employer

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

23 164
-
239 137
-
unemployment
115
-
479
-
pensions
1 274
-
5 266
-
health
996
-
4 117
-
total
2 385
-
9 862
-
Corporate
223 452
249 000
-
-
income
20 110
22 410
-
-
total
20 110
22 410
-
-
Dividends
203 342
226 590
-
-
withholding
18 301
20 394
-
-
total
18 301
20 394
-
-
Income
249 000
249 000
249 000
249 000
Total tax
47 938
42 804
56 263
36 023
After tax
201 062
206 196
192 737
212 977
Living cost
16 023
16 023
16 023
16 023
Free-cash
185 039
190 173
176 714
196 954

Estimated living cost  is ₽16023 per week

₽10223
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1155
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.
₽4167
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽137364
₽132908
₽111190
₽106955
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
249 000
accident
-
-
-
843
income
-
-
-
81 997
pensions
-
-
-
26 470
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
110 059
Employee
37 315
-
219 180
-
other
36
-
94
-
income
7 194
-
78 533
-
pensions
1 754
-
4 397
-
unemployment
578
-
1 450
-
total
9 562
-
84 474
-
Employer
37 315
-
219 180
-
accident
739
-
1 852
-
other
299
-
749
-
unemployment
2 053
-
5 144
-
pensions
8 806
-
22 075
-
total
11 897
-
29 820
-
Corporate
199 789
249 000
-
-
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.

29 969
37 350
-
-
total
29 969
37 350
-
-
Dividends
169 819
211 650
-
-
withholding
36 913
46 535
-
-
total
36 913
46 535
-
-
Income
249 000
249 000
249 000
249 000
Total tax
88 341
83 885
114 294
110 059
After tax
160 659
165 115
134 706
138 941
Living cost
27 751
27 751
27 751
27 751
Free-cash
132 908
137 364
106 955
111 190

Estimated living cost  is ₽27751 per week

₽18731
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2668
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5866
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽152620
₽152166
₽157476
₽157278
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
249 000
income
-
-
-
85 301
pensions
-
-
-
2 010
health
-
-
-
1 457
total
-
-
-
88 768
Employee
4 198
-
246 738
-
health
210
-
503
-
income
812
-
85 195
-
pensions
378
-
905
-
unemployment
42
-
101
-
total
1 442
-
86 704
-
Employer
4 198
-
246 738
-
unemployment
84
-
201
-
pensions
462
-
1 106
-
health
399
-
955
-
total
945
-
2 262
-
Corporate
243 858
249 000
-
-
income
53 649
54 780
-
-
total
53 649
54 780
-
-
Dividends
190 209
194 220
-
-
withholding
38 042
38 844
-
-
total
38 042
38 844
-
-
Income
249 000
249 000
249 000
249 000
Total tax
94 078
93 624
88 966
88 768
After tax
154 922
155 376
160 034
160 232
Living cost
2 756
2 756
2 756
2 756
Free-cash
152 166
152 620
157 278
157 476

Estimated living cost  is ₽2756 per week

₽1638
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽63
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽832
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽162449
₽157485
₽145320
₽145321
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
249 000
income
-
-
-
58 034
pensions
-
-
-
19 392
unemployment
-
-
-
1 119
health
-
-
-
7 682
total
-
-
-
86 227
Employee

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

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

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

26 319
-
235 649
-
health
1 355
-
3 841
-
income
3 628
-
58 034
-
pensions
3 685
-
10 442
-
unemployment
197
-
559
-
total
8 865
-
72 876
-
Employer

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

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

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

26 319
-
235 649
-
unemployment
197
-
559
-
pensions
3 158
-
8 950
-
health
1 355
-
3 841
-
total
4 710
-
13 350
-
Corporate
217 970
249 000
-
-
income
32 696
37 350
-
-
total
32 696
37 350
-
-
Dividends
185 275
211 650
-
-
withholding
27 791
31 748
-
-
total
27 791
31 748
-
-
Income
249 000
249 000
249 000
249 000
Total tax
74 062
69 098
86 226
86 227
After tax
174 938
179 902
162 774
162 773
Living cost
17 453
17 453
17 453
17 453
Free-cash
157 485
162 449
145 321
145 320

Estimated living cost  is ₽17453 per week

₽11751
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.
₽505
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3847
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽114424
₽114062
₽101574
₽81308
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
249 000
income
-
-
-
33 693
surtax
-
-
-
-
social contributions

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

-
-
-
86 527
total
-
-
-
120 220
Employee
39 168
-
201 213
-
social contributions
4 309
-
22 133
-
surtax
-
-
647
-
income
7 653
-
69 919
-
total
11 962
-
92 699
-
Employer
39 168
-
201 213
-
social contributions
9 302
-
47 787
-
total
9 302
-
47 787
-
Corporate
200 530
249 000
-
-
surtax
-
-
-
-
income
42 111
52 290
-
-
total
42 111
52 290
-
-
Dividends
158 419
196 710
-
-
withholding
44 357
55 080
-
-
total
44 357
55 080
-
-
Income
249 000
249 000
249 000
249 000
Total tax
107 732
107 370
140 486
120 220
After tax
141 268
141 630
108 514
128 780
Living cost
27 206
27 206
27 206
27 206
Free-cash
114 062
114 424
81 308
101 574

Estimated living cost  is ₽27206 per week

₽19270
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1890
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5565
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽129648
₽123046
₽103474
₽99239
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
249 000
accident
-
-
-
843
income
-
-
-
81 997
pensions
-
-
-
26 470
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
110 059
Employee
48 738
-
219 180
-
other
48
-
94
-
income
10 180
-
78 533
-
pensions
2 290
-
4 397
-
unemployment
755
-
1 450
-
total
13 273
-
84 474
-
Employer
48 738
-
219 180
-
accident
965
-
1 852
-
other
391
-
749
-
unemployment
2 681
-
5 144
-
pensions
11 502
-
22 075
-
total
15 539
-
29 820
-
Corporate
184 723
249 000
-
-
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.

27 707
37 350
-
-
total
27 707
37 350
-
-
Dividends
157 015
211 650
-
-
withholding
33 968
46 535
-
-
total
33 968
46 535
-
-
Income
249 000
249 000
249 000
249 000
Total tax
90 487
83 885
114 294
110 059
After tax
158 513
165 115
134 706
138 941
Living cost
35 467
35 467
35 467
35 467
Free-cash
123 046
129 648
99 239
103 474

Estimated living cost  is ₽35467 per week

₽25471
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2758
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6739
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽195524
₽189371
₽184863
₽195394
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
249 000
income
-
-
-
37 350
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
46 767
Employee
23 001
-
242 080
-
health
1 058
-
1 622
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
income
2 300
-
24 208
-
pensions

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

2 019
-
3 097
-
total
5 630
-
29 315
-
Employer
23 001
-
242 080
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
unemployment
138
-
212
-
pensions

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

2 535
-
3 887
-
health
1 587
-
2 434
-
total
4 513
-
6 921
-
Corporate
221 486
249 000
-
-
income
22 149
24 900
-
-
total
22 149
24 900
-
-
Dividends
199 337
224 100
-
-
withholding
9 967
11 205
-
-
total
9 967
11 205
-
-
Income
249 000
249 000
249 000
249 000
Total tax
42 259
36 105
36 236
46 767
After tax
206 741
212 895
212 764
202 233
Living cost
17 370
17 370
17 370
17 370
Free-cash
189 371
195 524
195 394
184 863

Estimated living cost  is ₽17370 per week

₽11489
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽994
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽414
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4474
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89067
₽102274
₽84611
₽113609
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
249 000
trade
-
-
-
28 998
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.

-
-
-
84 869
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.

-
-
-
6 894
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.

-
-
-
4 667
total
-
-
-
125 428
Employee

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

50 212
-
249 000
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 894
-
6 894
-
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.

228
-
4 667
-
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.

4 129
-
84 869
-
total
11 251
-
96 430
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
198 788
249 000
-
-
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.

1 639
2 055
-
-
income
29 818
37 350
-
-
trade
28 525
35 732
-
-
chamber of commerce
444
519
-
-
total
60 426
75 656
-
-
Dividends
138 361
173 344
-
-
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.

1 881
2 363
-
-
withholding
34 207
42 953
-
-
total
36 088
45 316
-
-
Income
249 000
249 000
249 000
249 000
Total tax
107 765
120 972
96 430
125 428
After tax
141 235
128 028
152 570
123 572
Living cost
38 961
38 961
38 961
38 961
Free-cash
102 274
89 067
113 609
84 611

Estimated living cost  is ₽38961 per week

₽26876
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4192
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7327
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽116813
₽119042
₽65400
₽65400
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
249 000
income
-
-
-
82 919
social contributions
-
-
-
43 194
total
-
-
-
126 113
Employee
78 939
-
249 000
-
income
14 896
-
82 919
-
social contributions
6 558
-
43 194
-
total
21 454
-
126 113
-
Employer
78 939
-
249 000
-
total
-
-
-
-
Corporate
170 061
249 000
-
-
income
21 257
31 126
-
-
total
21 257
31 126
-
-
Dividends
148 803
217 874
-
-
withholding
29 760
43 574
-
-
total
29 760
43 574
-
-
Income
249 000
249 000
249 000
249 000
Total tax
72 471
74 700
126 113
126 113
After tax
176 529
174 300
122 887
122 887
Living cost
57 487
57 487
57 487
57 487
Free-cash
119 042
116 813
65 400
65 400

Estimated living cost  is ₽57487 per week

₽43735
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4684
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.
₽8518
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽119885
₽123412
₽168276
₽136065
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
249 000
income
-
-
-
37 350
health

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

-
-
-
6 741
total
-
-
-
44 091
Employee
46 295
-
244 358
-
income
5 023
-
67 018
-
social contributions
4 638
-
4 642
-
total
9 661
-
71 660
-
Employer
46 295
-
244 358
-
social contributions
4 638
-
4 642
-
total
4 638
-
4 642
-
Corporate
198 067
249 000
-
-
income
69 324
87 150
-
-
total
69 324
87 150
-
-
Dividends
128 743
161 850
-
-
social contributions
5 332
5 332
-
-
total
5 332
5 332
-
-
Income
249 000
249 000
249 000
249 000
Total tax
88 955
92 482
76 302
44 091
After tax
160 045
156 518
172 698
204 909
Living cost
36 633
36 633
36 633
36 633
Free-cash
123 412
119 885
136 065
168 276

Estimated living cost  is ₽36633 per week

₽24130
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2888
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9053
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽117761
₽123756
₽122197
₽100054
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
249 000
income
-
-
-
78 665
pensions
-
-
-
10 523
total
-
-
-
89 188
Employee
51 632
-
216 860
-
health
674
-
2 871
-
income
9 403
-
63 898
-
pensions
3 941
-
12 427
-
total
14 018
-
79 196
-
Employer
51 632
-
216 860
-
pensions
5 217
-
28 016
-
health
981
-
4 119
-
total
6 198
-
32 135
-
Corporate
191 170
249 000
-
-
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.

36 322
47 310
-
-
total
36 322
47 310
-
-
Dividends
154 848
201 690
-
-
withholding
31 091
46 314
-
-
total
31 091
46 314
-
-
Income
249 000
249 000
249 000
249 000
Total tax
87 629
93 624
111 331
89 188
After tax
161 371
155 376
137 669
159 812
Living cost
37 615
37 615
37 615
37 615
Free-cash
123 756
117 761
100 054
122 197

Estimated living cost  is ₽37615 per week

₽25804
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3459
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7879
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

The only visa which will gain you entry to the UK as a freelancer is Tier 1 (with an exception of EU nationals or long-term UK residence permit holders, up until Brexit). There are two Tier 1 visa pathways.

You can either apply for an Entrepreneur visa which requires an investment of at least £200000 and creating two full time jobs, or choose an Exceptional Talent visa, which has no financial requirements but is more difficult to obtain.

Source of data for Edinburgh model

Close
Warsaw , Poland
-₽3727
₽16502
₽146060
₽113895
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
249 000
accident
-
-
-
253
income
-
-
-
72 057
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
79 044
Employee
37 589
-
228 533
-
health
4 304
-
26 167
-
income
5 157
-
56 921
-
pensions
4 233
-
7 653
-
total
13 694
-
90 741
-
Employer
37 589
-
228 533
-
accident
628
-
3 817
-
unemployment
921
-
5 599
-
pensions
6 112
-
11 052
-
total
7 661
-
20 468
-
Corporate
203 751
249 000
-
-
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.

183 376
224 100
-
-
total
183 376
224 100
-
-
Dividends
20 375
24 900
-
-
withholding
3 871
4 731
-
-
total
3 871
4 731
-
-
Income
249 000
249 000
249 000
249 000
Total tax
208 602
228 831
111 209
79 044
After tax
40 398
20 169
137 791
169 956
Living cost
23 896
23 896
23 896
23 896
Free-cash
16 502
-3 727
113 895
146 060

Estimated living cost  is ₽23896 per week

₽17537
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1392
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.
₽4485
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽176854
₽173800
₽148856
₽171048
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
249 000
work injury
-
-
-
807
health insurance
-
-
-
11 943
income
-
-
-
42 131
pensions
-
-
-
29 695
unemployment
-
-
-
1 937
total
-
-
-
86 513
Employee

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

21 810
-
249 000
-
work injury
109
-
403
-
income
2 181
-
42 131
-
pensions
4 013
-
14 848
-
health insurance
1 614
-
5 971
-
unemployment
262
-
968
-
total
8 179
-
64 321
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
227 190
249 000
-
-
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%.

22 719
24 900
-
-
total
22 719
24 900
-
-
Dividends
204 471
224 100
-
-
withholding
30 671
33 615
-
-
total
30 671
33 615
-
-
Income
249 000
249 000
249 000
249 000
Total tax
61 569
58 515
64 321
86 513
After tax
187 431
190 485
184 679
162 487
Living cost
13 631
13 631
13 631
13 631
Free-cash
173 800
176 854
171 048
148 856

Estimated living cost  is ₽13631 per week

₽8445
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽991
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽425
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3771
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90952
₽86360
₽77956
₽69667
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
249 000
municipal
-
-
-
1 787
regional
-
-
-
6 273
national
-
-
-
72 272
social contributions
-
-
-
50 509
total
-
-
-
130 841
Employee
85 039
-
249 000
-
social contributions
28 675
-
66 218
-
regional
1 284
-
5 750
-
municipal
507
-
1 645
-
national
14 371
-
65 517
-
total
44 837
-
139 130
-
Employer
85 039
-
249 000
-
total
-
-
-
-
Corporate
163 961
249 000
-
-
nationa
39 351
59 760
-
-
municipal
7 904
12 002
-
-
total
47 255
71 762
-
-
Dividends
116 706
177 238
-
-
withholding
30 345
46 083
-
-
total
30 345
46 083
-
-
Income
249 000
249 000
249 000
249 000
Total tax
122 437
117 845
139 130
130 841
After tax
126 563
131 155
109 870
118 159
Living cost
40 203
40 203
40 203
40 203
Free-cash
86 360
90 952
69 667
77 956

Estimated living cost  is ₽40203 per week

₽28240
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2765
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.
₽8589
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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