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
₽ 250000
per

Your estimated
City
free-cash

Dresden , Germany
₽95406
₽106567
₽90577
₽122561
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
250 000
trade
-
-
-
31 984
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.

-
-
-
85 288
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.

-
-
-
4 690
total
-
-
-
128 856
Employee

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

38 599
-
250 000
-
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
-
4 690
-
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
-
85 288
-
total
8 031
-
96 872
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
211 401
250 000
-
-
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.

1 745
2 063
-
-
income
31 710
37 500
-
-
trade
33 296
39 375
-
-
chamber of commerce
458
513
-
-
total
67 209
79 451
-
-
Dividends
144 192
170 550
-
-
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.

1 961
2 323
-
-
withholding
35 665
42 253
-
-
total
37 626
44 576
-
-
Income
250 000
250 000
250 000
250 000
Total tax
112 866
124 027
96 872
128 856
After tax
137 134
125 973
153 128
121 144
Living cost
30 567
30 567
30 567
30 567
Free-cash
106 567
95 406
122 561
90 577

Estimated living cost  is ₽30567 per week

₽19228
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
₽105006
₽104158
₽89704
₽91045
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
250 000
municipal
-
-
-
27 903
pensions
-
-
-
30 000
national
-
-
-
48 712
social contributions
-
-
-
2 687
total
-
-
-
109 302
Employee
79 050
-
216 123
-
municipal
9 764
-
28 871
-
pensions
3 162
-
8 645
-
national
15 130
-
50 832
-
total
28 056
-
88 348
-
Employer
79 050
-
216 123
-
social contributions
850
-
2 323
-
pensions
6 324
-
17 290
-
total
7 174
-
19 613
-
Corporate
158 559
250 000
-
-
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%.

31 712
50 000
-
-
total
31 712
50 000
-
-
Dividends
126 847
200 000
-
-
withholding
27 906
44 000
-
-
total
27 906
44 000
-
-
Income
250 000
250 000
250 000
250 000
Total tax
94 848
94 000
107 961
109 302
After tax
155 152
156 000
142 039
140 698
Living cost
50 994
50 994
50 994
50 994
Free-cash
104 158
105 006
91 045
89 704

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
₽179005
₽170727
₽71482
₽88907
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
250 000
microenterprise
-
-
-
-
income
-
-
-
55 107
surtax
-
-
-
63 750
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
-
-
-
157 523
Employee
29 489
-
199 123
-
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
-
13 230
-
surtax
-
-
28 872
-
income
5 249
-
47 119
-
total
8 493
-
89 221
-
Employer
29 489
-
199 123
-
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
-
28 974
-
surtax
-
-
21 903
-
total
7 103
-
50 877
-
Corporate
213 408
250 000
-
-
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%.

42 682
50 000
-
-
total
42 682
50 000
-
-
Dividends

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

170 726
200 000
-
-
total
-
-
-
-
Income
250 000
250 000
250 000
250 000
Total tax
58 278
50 000
140 098
157 523
After tax
191 722
200 000
109 902
92 477
Living cost
20 995
20 995
20 995
20 995
Free-cash
170 727
179 005
88 907
71 482

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
₽82577
₽76394
₽90719
₽117571
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
250 000
income
-
-
-
92 737
pensions
-
-
-
11 824
health
-
-
-
12 444
total
-
-
-
117 005
Employee
86 180
86 180
231 245
-
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
47 130
-
pensions
15 512
11 824
11 824
-
total
42 846
37 181
71 398
-
Employer
86 180
86 180
231 245
-
unemployment
3 102
3 102
3 855
-
pensions
5 998
5 998
7 456
-
health
5 990
5 990
7 444
-
total
15 090
15 090
18 755
-
Corporate
149 786
148 729
-
-
income
29 958
29 746
-
-
total
29 958
29 746
-
-
Dividends
119 828
118 983
-
-
income
25 463
25 283
-
-
withholding
17 973
17 847
-
-
total
43 436
43 130
-
-
Income
250 000
250 000
250 000
250 000
Total tax
131 330
125 147
90 153
117 005
After tax
118 670
124 853
159 847
132 995
Living cost
42 276
42 276
42 276
42 276
Free-cash
76 394
82 577
117 571
90 719

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
₽97508
₽96633
₽84577
₽83631
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
250 000
municipal
-
-
-
67 168
accident
-
-
-
171
pensions
-
-
-
9 238
other
-
-
-
9 930
unemployment
-
-
-
86
health
-
-
-
5 332
national
-
-
-
34 506
total
-
-
-
126 431
Employee
55 560
-
223 150
-
municipal
16 568
-
66 543
-
national
-
-
33 983
-
total
16 568
-
100 526
-
Employer
55 560
-
223 150
-
accident
111
-
171
-
other
6 456
-
9 930
-
unemployment
1 467
-
2 256
-
pensions
6 006
-
9 238
-
health
3 417
-
5 256
-
total
17 457
-
26 851
-
Corporate
176 983
250 000
-
-
income
38 936
55 000
-
-
total
38 936
55 000
-
-
Dividends
138 047
195 000
-
-
withholding
41 414
58 500
-
-
total
41 414
58 500
-
-
Income
250 000
250 000
250 000
250 000
Total tax
114 375
113 500
127 377
126 431
After tax
135 625
136 500
122 623
123 569
Living cost
38 992
38 992
38 992
38 992
Free-cash
96 633
97 508
83 631
84 577

Estimated living cost  is ₽38992 per week

₽25842
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
₽85042
₽99220
₽80076
₽113483
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
250 000
trade
-
-
-
33 407
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.

-
-
-
85 288
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.

-
-
-
4 690
total
-
-
-
130 279
Employee

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

51 178
-
250 000
-
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
-
4 690
-
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
-
85 288
-
total
11 532
-
96 872
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
198 822
250 000
-
-
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.

1 641
2 063
-
-
income
29 824
37 500
-
-
trade
32 706
41 125
-
-
chamber of commerce
437
509
-
-
total
64 608
81 197
-
-
Dividends
134 214
168 803
-
-
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.

1 825
2 300
-
-
withholding
33 170
41 816
-
-
total
34 995
44 116
-
-
Income
250 000
250 000
250 000
250 000
Total tax
111 135
125 313
96 872
130 279
After tax
138 865
124 687
153 128
119 721
Living cost
39 645
39 645
39 645
39 645
Free-cash
99 220
85 042
113 483
80 076

Estimated living cost  is ₽39645 per week

₽26515
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.
₽8358
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽149408
₽145223
₽134525
₽132521
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
250 000
income
-
-
-
60 039
health
-
-
-
6 375
social contributions
-
-
-
16 328
total
-
-
-
82 742
Employee
77 601
77 601
236 929
-
social contributions
3 771
6 441
8 687
-
health
772
1 320
4 027
-
income
8 149
7 184
58 961
-
total
12 692
14 945
71 675
-
Employer
77 601
77 601
236 929
-
social contributions
3 771
6 441
8 687
-
health
841
1 436
4 384
-
total
4 612
7 877
13 071
-
Corporate
199 964
164 522
-
-
income
24 996
20 564
-
-
total
24 996
20 564
-
-
Dividends
174 968
143 957
-
-
withholding
29 744
24 473
-
-
total
29 744
24 473
-
-
Income
250 000
250 000
250 000
250 000
Total tax
72 044
67 859
84 746
82 742
After tax
177 956
182 141
165 254
167 258
Living cost
32 733
32 733
32 733
32 733
Free-cash
145 223
149 408
132 521
134 525

Estimated living cost  is ₽32733 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
₽121951
₽122332
₽154852
₽126591
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
250 000
income
-
-
-
30 562
pensions
-
-
-
25 000
unemployment
-
-
-
3 750
health
-
-
-
17 500
total
-
-
-
76 812
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.

26 469
10 534
209 205
-
health
1 853
737
14 644
-
income
3 236
1 288
25 575
-
pensions
2 647
1 053
20 921
-
unemployment
397
158
3 138
-
total
8 133
3 236
64 278
-
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.

26 469
10 534
209 205
-
pensions
5 161
2 054
40 795
-
total
5 161
2 054
40 795
-
Corporate
218 370
237 412
-
-
income
19 653
21 367
-
-
total
19 653
21 367
-
-
Dividends
198 717
216 045
-
-
social contributions
38 629
42 008
-
-
withholding
37 756
41 048
-
-
total
76 385
83 056
-
-
Income
250 000
250 000
250 000
250 000
Total tax
109 332
109 713
105 073
76 812
After tax
140 668
140 287
144 927
173 188
Living cost
18 336
18 336
18 336
18 336
Free-cash
122 332
121 951
126 591
154 852

Estimated living cost  is ₽18336 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
₽175625
₽169355
₽109625
₽119722
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
250 000
income
-
-
-
33 501
pensions
-
-
-
50 000
health
-
-
-
32 499
total
-
-
-
116 000
Employee
28 629
-
186 845
-
income
3 223
-
36 023
-
pensions
573
-
3 736
-
unemployment
458
-
2 989
-
total
4 254
-
42 748
-
Employer
28 629
-
186 845
-
unemployment
230
-
1 496
-
pensions
5 726
-
37 370
-
health
3 721
-
24 289
-
total
9 677
-
63 155
-
Corporate
211 694
250 000
-
-
income
42 339
50 000
-
-
total
42 339
50 000
-
-
Dividends
169 355
200 000
-
-
total
-
-
-
-
Income
250 000
250 000
250 000
250 000
Total tax
56 270
50 000
105 903
116 000
After tax
193 730
200 000
144 097
134 000
Living cost
24 375
24 375
24 375
24 375
Free-cash
169 355
175 625
119 722
109 625

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
-₽1822
₽16864
₽148565
₽116298
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
250 000
accident
-
-
-
253
income
-
-
-
72 376
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
79 363
Employee
34 721
-
229 492
-
health
3 975
-
26 277
-
income
4 763
-
57 191
-
pensions
3 910
-
7 654
-
total
12 648
-
91 122
-
Employer
34 721
-
229 492
-
accident
580
-
3 833
-
unemployment
851
-
5 622
-
pensions
5 646
-
11 053
-
total
7 077
-
20 508
-
Corporate
208 203
250 000
-
-
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.

187 383
225 000
-
-
total
187 383
225 000
-
-
Dividends
20 820
25 000
-
-
withholding
3 956
4 750
-
-
total
3 956
4 750
-
-
Income
250 000
250 000
250 000
250 000
Total tax
211 064
229 750
111 630
79 363
After tax
38 936
20 250
138 370
170 637
Living cost
22 072
22 072
22 072
22 072
Free-cash
16 864
-1 822
116 298
148 565

Estimated living cost  is ₽22072 per week

₽16177
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.
₽4212
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽228420
₽226717
₽238420
₽190920
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
250 000
microenterprise

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

-
-
-
2 500
total
-
-
-
2 500
Employee
11 349
-
250 000
-
income
2 270
-
50 000
-
total
2 270
-
50 000
-
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%.

238 651
250 000
-
-
total
-
-
-
-
Dividends
238 651
250 000
-
-
withholding
11 933
12 500
-
-
total
11 933
12 500
-
-
Income
250 000
250 000
250 000
250 000
Total tax
14 203
12 500
50 000
2 500
After tax
235 797
237 500
200 000
247 500
Living cost
9 080
9 080
9 080
9 080
Free-cash
226 717
228 420
190 920
238 420

Estimated living cost  is ₽9080 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
₽156783
₽149969
₽126725
₽124711
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
250 000
income
-
-
-
45 511
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
-
-
-
96 384
Employee
36 642
-
210 868
-
health
513
-
2 149
-
income
6 308
-
44 841
-
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
-
59 266
-
Employer
36 642
-
210 868
-
accident
293
-
1 687
-
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
-
26 090
-
health
513
-
2 149
-
total
9 235
-
39 132
-
Corporate
204 123
250 000
-
-
income
42 866
52 501
-
-
total
42 866
52 501
-
-
Dividends
161 257
197 499
-
-
withholding
11 288
13 825
-
-
total
11 288
13 825
-
-
Income
250 000
250 000
250 000
250 000
Total tax
73 140
66 326
98 398
96 384
After tax
176 860
183 674
151 602
153 616
Living cost
26 891
26 891
26 891
26 891
Free-cash
149 969
156 783
124 711
126 725

Estimated living cost  is ₽26891 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
₽88198
₽96352
₽92674
₽70444
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
250 000
income
-
-
-
79 057
pensions
-
-
-
10 543
total
-
-
-
89 600
Employee
95 822
-
217 727
-
health
1 579
-
2 877
-
income
17 273
-
64 235
-
pensions
9 244
-
12 445
-
total
28 096
-
79 557
-
Employer
95 822
-
217 727
-
pensions
11 314
-
28 136
-
health
1 820
-
4 137
-
total
13 134
-
32 273
-
Corporate
141 044
250 000
-
-
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.

26 798
47 499
-
-
total
26 798
47 499
-
-
Dividends
114 246
202 501
-
-
withholding
17 894
46 577
-
-
total
17 894
46 577
-
-
Income
250 000
250 000
250 000
250 000
Total tax
85 922
94 076
111 830
89 600
After tax
164 078
155 924
138 170
160 400
Living cost
67 726
67 726
67 726
67 726
Free-cash
96 352
88 198
70 444
92 674

Estimated living cost  is ₽67726 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
₽200511
₽195821
₽189844
₽200425
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
250 000
income
-
-
-
37 500
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
-
-
-
46 917
Employee
17 531
-
243 080
-
health
806
-
1 622
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
income
1 753
-
24 308
-
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
-
29 415
-
Employer
17 531
-
243 080
-
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
229 029
250 000
-
-
income
22 903
25 000
-
-
total
22 903
25 000
-
-
Dividends
206 126
225 000
-
-
withholding
10 306
11 250
-
-
total
10 306
11 250
-
-
Income
250 000
250 000
250 000
250 000
Total tax
40 940
36 250
36 336
46 917
After tax
209 060
213 750
213 664
203 083
Living cost
13 239
13 239
13 239
13 239
Free-cash
195 821
200 511
200 425
189 844

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
₽68892
₽71428
₽77034
₽103886
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
250 000
income
-
-
-
92 737
pensions
-
-
-
11 824
health
-
-
-
12 444
total
-
-
-
117 005
Employee
93 564
86 180
231 245
-
health
11 673
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
47 130
-
pensions
11 824
11 824
11 824
-
total
37 603
37 181
71 398
-
Employer
93 564
86 180
231 245
-
unemployment
3 369
3 102
3 855
-
pensions
6 511
5 998
7 456
-
health
6 502
5 990
7 444
-
total
16 382
15 090
18 755
-
Corporate
140 054
148 729
-
-
income
28 010
29 746
-
-
total
28 010
29 746
-
-
Dividends
112 044
118 983
-
-
income
23 809
25 283
-
-
withholding
16 807
17 847
-
-
total
40 616
43 130
-
-
Income
250 000
250 000
250 000
250 000
Total tax
122 611
125 147
90 153
117 005
After tax
127 389
124 853
159 847
132 995
Living cost
55 961
55 961
55 961
55 961
Free-cash
71 428
68 892
103 886
77 034

Estimated living cost  is ₽55961 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
₽147954
₽139332
₽125713
₽114444
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
250 000
income
-
-
-
27 220
health
-
-
-
33 750
solidarity contribution
-
-
-
4 365
social contributions
-
-
-
34 781
total
-
-
-
100 116
Employee
35 546
-
202 038
-
social contributions
2 310
-
7 742
-
health
4 799
-
27 275
-
solidarity contribution
-
-
3 354
-
income
4 265
-
25 053
-
total
11 374
-
63 424
-
Employer
35 546
-
202 038
-
social contributions
8 886
-
29 778
-
health
3 199
-
18 183
-
total
12 085
-
47 961
-
Corporate
202 369
250 000
-
-
income
38 450
47 500
-
-
total
38 450
47 500
-
-
Dividends
163 919
202 500
-
-
withholding
24 588
30 375
-
-
total
24 588
30 375
-
-
Income
250 000
250 000
250 000
250 000
Total tax
86 497
77 875
111 385
100 116
After tax
163 503
172 125
138 615
149 884
Living cost
24 171
24 171
24 171
24 171
Free-cash
139 332
147 954
114 444
125 713

Estimated living cost  is ₽24171 per week

₽16789
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1720
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.
₽5187
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brno model

Close
Milan , Italy
₽90800
₽85531
₽79340
₽70783
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
250 000
municipal
-
-
-
1 595
regional
-
-
-
3 270
national
-
-
-
72 702
social contributions
-
-
-
50 509
total
-
-
-
128 076
Employee
89 690
-
250 000
-
social contributions
30 243
-
66 219
-
regional
846
-
2 998
-
municipal
475
-
1 471
-
national
15 541
-
65 945
-
total
47 105
-
136 633
-
Employer
89 690
-
250 000
-
total
-
-
-
-
Corporate
160 310
250 000
-
-
nationa
38 475
60 001
-
-
municipal
6 253
9 750
-
-
total
44 728
69 751
-
-
Dividends
115 583
180 250
-
-
withholding
30 052
46 865
-
-
total
30 052
46 865
-
-
Income
250 000
250 000
250 000
250 000
Total tax
121 885
116 616
136 633
128 076
After tax
128 115
133 384
113 367
121 924
Living cost
42 584
42 584
42 584
42 584
Free-cash
85 531
90 800
70 783
79 340

Estimated living cost  is ₽42584 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
₽134980
₽131840
₽95079
₽88910
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
250 000
income
-
-
-
81 800
pensions
-
-
-
26 938
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
9 562
surtax
-
-
-
14 122
total
-
-
-
132 652
Employee
33 373
-
221 649
-
other
-
-
-
-
health
852
-
3 434
-
surtax
109
-
12 914
-
income
5 594
-
75 764
-
pensions
2 225
-
8 984
-
unemployment
2 323
-
9 374
-
total
11 103
-
110 470
-
Employer
33 373
-
221 649
-
other
-
-
-
-
unemployment
1 057
-
4 269
-
pensions
4 449
-
17 954
-
health
1 519
-
6 128
-
total
7 025
-
28 351
-
Corporate
209 602
250 000
-
-
income
54 496
65 001
-
-
total
54 496
65 001
-
-
Dividends
155 106
184 999
-
-
withholding
23 267
27 750
-
-
total
23 267
27 750
-
-
Income
250 000
250 000
250 000
250 000
Total tax
95 891
92 751
138 821
132 652
After tax
154 109
157 249
111 179
117 348
Living cost
22 269
22 269
22 269
22 269
Free-cash
131 840
134 980
88 910
95 079

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
₽109655
₽116345
₽114131
₽91901
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
250 000
income
-
-
-
79 057
pensions
-
-
-
10 543
total
-
-
-
89 600
Employee
64 218
-
217 727
-
health
932
-
2 877
-
income
11 566
-
64 235
-
pensions
5 451
-
12 445
-
total
17 949
-
79 557
-
Employer
64 218
-
217 727
-
pensions
6 952
-
28 136
-
health
1 220
-
4 137
-
total
8 172
-
32 273
-
Corporate
177 611
250 000
-
-
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.

33 745
47 499
-
-
total
33 745
47 499
-
-
Dividends
143 865
202 501
-
-
withholding
27 520
46 577
-
-
total
27 520
46 577
-
-
Income
250 000
250 000
250 000
250 000
Total tax
87 386
94 076
111 830
89 600
After tax
162 614
155 924
138 170
160 400
Living cost
46 269
46 269
46 269
46 269
Free-cash
116 345
109 655
91 901
114 131

Estimated living cost  is ₽46269 per week

₽34664
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
₽38045
₽70679
₽120026
₽112463
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
250 000
city
-
-
-
2 635
pensions
-
-
-
23 001
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.

-
-
-
4 999
regional
-
-
-
14 781
health
-
-
-
562
national
-
-
-
7 722
total
-
-
-
53 700
Employee
89 260
-
225 640
-
city
958
-
2 449
-
regional
2 923
-
13 225
-
health
202
-
507
-
pensions
7 499
-
16 857
-
unemployment
-
-
-
-
national
422
-
6 347
-
total
12 004
-
39 385
-
Employer
89 260
-
225 640
-
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
-
4 514
-
unemployment
-
-
-
-
pensions
7 499
-
16 857
-
health
202
-
507
-
total
9 486
-
21 878
-
Corporate
150 273
250 000
-
-
regional
31 783
52 875
-
-
national
12 773
21 249
-
-
total
44 556
74 124
-
-
Dividends
105 718
175 876
-
-
withholding
37 001
61 557
-
-
total
37 001
61 557
-
-
Income
250 000
250 000
250 000
250 000
Total tax
103 047
135 681
61 263
53 700
After tax
146 953
114 319
188 737
196 300
Living cost
76 274
76 274
76 274
76 274
Free-cash
70 679
38 045
112 463
120 026

Estimated living cost  is ₽76274 per week

₽49600
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.
₽18893
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽77169
₽93535
₽72069
₽106897
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
250 000
trade
-
-
-
34 828
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.

-
-
-
85 288
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.

-
-
-
4 690
total
-
-
-
131 700
Employee

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

60 650
-
250 000
-
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
-
4 690
-
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
-
85 288
-
total
14 419
-
96 872
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
189 350
250 000
-
-
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.

1 563
2 063
-
-
income
28 403
37 500
-
-
trade
32 473
42 876
-
-
chamber of commerce
419
506
-
-
total
62 858
82 945
-
-
Dividends
126 492
167 056
-
-
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.

1 718
2 275
-
-
withholding
31 239
41 380
-
-
total
32 957
43 655
-
-
Income
250 000
250 000
250 000
250 000
Total tax
110 234
126 600
96 872
131 700
After tax
139 766
123 400
153 128
118 300
Living cost
46 231
46 231
46 231
46 231
Free-cash
93 535
77 169
106 897
72 069

Estimated living cost  is ₽46231 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
₽91473
₽97436
₽100286
₽91501
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
250 000
income
-
-
-
49 794
pensions
-
-
-
37 694
other
-
-
-
7 750
health
-
-
-
12 827
surtax
-
-
-
-
social contributions
-
-
-
7 122
total
-
-
-
115 187
Employee
43 191
-
189 689
-
social contributions
1 231
-
5 406
-
surtax
-
-
-
-
income
2 549
-
43 488
-
pensions
4 884
-
14 766
-
total
8 664
-
63 660
-
Employer
43 191
-
189 689
-
other
1 490
-
8 071
-
social contributions
130
-
569
-
unemployment
1 748
-
7 682
-
pensions
7 095
-
24 575
-
health
3 024
-
19 415
-
total
13 487
-
60 312
-
Corporate
193 320
250 000
-
-
surtax
-
-
-
-
income
54 129
69 999
-
-
total
54 129
69 999
-
-
Dividends
139 192
180 001
-
-
surtax
-
-
-
-
social contributions
23 941
30 960
-
-
withholding
17 816
23 041
-
-
total
41 757
54 001
-
-
Income
250 000
250 000
250 000
250 000
Total tax
118 037
124 000
123 972
115 187
After tax
131 963
126 000
126 028
134 813
Living cost
34 527
34 527
34 527
34 527
Free-cash
97 436
91 473
91 501
100 286

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
₽94893
₽100500
₽103706
₽94921
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
250 000
income
-
-
-
49 794
pensions
-
-
-
37 694
other
-
-
-
7 750
health
-
-
-
12 827
surtax
-
-
-
-
social contributions
-
-
-
7 122
total
-
-
-
115 187
Employee
38 554
-
189 689
-
social contributions
1 099
-
5 406
-
surtax
-
-
-
-
income
1 988
-
43 488
-
pensions
4 361
-
14 766
-
total
7 448
-
63 660
-
Employer
38 554
-
189 689
-
other
1 331
-
8 071
-
social contributions
115
-
569
-
unemployment
1 561
-
7 682
-
pensions
6 335
-
24 575
-
health
2 698
-
19 415
-
total
12 040
-
60 312
-
Corporate
199 405
250 000
-
-
surtax
-
-
-
-
income
55 833
69 999
-
-
total
55 833
69 999
-
-
Dividends
143 572
180 001
-
-
surtax
-
-
-
-
social contributions
24 695
30 960
-
-
withholding
18 377
23 041
-
-
total
43 072
54 001
-
-
Income
250 000
250 000
250 000
250 000
Total tax
118 393
124 000
123 972
115 187
After tax
131 607
126 000
126 028
134 813
Living cost
31 107
31 107
31 107
31 107
Free-cash
100 500
94 893
94 921
103 706

Estimated living cost  is ₽31107 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
₽131124
₽131648
₽139149
₽131872
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
250 000
income
-
-
-
37 500
health
-
-
-
17 451
social contributions
-
-
-
34 501
total
-
-
-
89 452
Employee
34 217
-
250 000
-
social contributions
4 723
-
34 501
-
health
2 388
-
17 451
-
income
5 707
-
44 777
-
total
12 818
-
96 729
-
Employer
34 217
-
250 000
-
total
-
-
-
-
Corporate
215 783
250 000
-
-
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%.

10 790
12 500
-
-
total
10 790
12 500
-
-
Dividends
204 993
237 500
-
-
health
14 308
16 577
-
-
social contributions
28 288
32 775
-
-
withholding
30 749
35 625
-
-
total
73 345
84 977
-
-
Income
250 000
250 000
250 000
250 000
Total tax
96 953
97 477
96 729
89 452
After tax
153 047
152 523
153 271
160 548
Living cost
21 399
21 399
21 399
21 399
Free-cash
131 648
131 124
131 872
139 149

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.
₽1320
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
₽102073
₽100512
₽92139
₽29431
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
250 000
chamber of commerce
-
-
-
1 000
income
-
-
-
84 083
pensions
-
-
-
21 811
unemployment
-
-
-
6 190
health
-
-
-
9 018
surtax
-
-
-
199
total
-
-
-
122 301
Employee
50 434
40 217
209 206
-
other
504
402
1 180
-
health
1 952
1 557
4 562
-
income
5 742
2 967
71 520
-
pensions
5 165
4 117
12 073
-
unemployment
1 513
1 207
3 537
-
total
14 876
10 250
92 872
-
Employer
50 434
40 217
209 206
-
accident
655
523
1 532
-
other
2 396
1 909
9 160
-
chamber of commerce
201
161
837
-
unemployment
1 513
1 207
3 537
-
surtax
199
199
199
-
pensions
6 329
5 048
14 796
-
payroll
1 513
1 207
6 276
-
health
1 906
1 521
4 456
-
total
14 712
11 775
40 793
-
Corporate
184 854
198 009
205 376
-
income

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

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

46 214
49 502
51 344
-
total
46 214
49 502
51 344
-
Dividends
138 640
148 507
-
-
withholding
38 126
40 840
-
-
total
38 126
40 840
-
-
Income
250 000
250 000
250 000
250 000
Total tax
113 928
112 367
185 009
122 301
After tax
136 072
137 633
64 991
127 699
Living cost
35 560
35 560
35 560
35 560
Free-cash
100 512
102 073
29 431
92 139

Estimated living cost  is ₽35560 per week

₽23717
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3034
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
₽99113
₽87736
₽72057
₽47189
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
250 000
national
-
-
-
102 497
communal

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

-
-
-
13 490
social contributions
-
-
-
25 160
total
-
-
-
141 147
Employee

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

72 187
-
193 634
-
communal

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

3 765
-
10 100
-
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
-
9 101
-
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
-
14 522
-
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
-
1 685
-
national
22 193
-
74 241
-
total
35 392
-
109 649
-
Employer

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

72 187
-
193 634
-
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
-
2 516
-
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
-
2 827
-
surtax
8 185
-
21 959
-
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
-
17 156
-
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
-
11 908
-
total
21 011
-
56 366
-
Corporate
156 800
250 000
-
-
surtax
628
1 105
-
-
income
31 360
55 264
-
-
total
31 988
56 369
-
-
Dividends
124 812
193 631
-
-
withholding

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

37 077
57 722
-
-
total
37 077
57 722
-
-
Income
250 000
250 000
250 000
250 000
Total tax
125 468
114 091
166 015
141 147
After tax
124 532
135 909
83 985
108 853
Living cost
36 796
36 796
36 796
36 796
Free-cash
87 736
99 113
47 189
72 057

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
₽129323
₽122411
₽103044
₽98810
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
250 000
accident
-
-
-
843
income
-
-
-
82 447
pensions
-
-
-
26 471
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
110 510
Employee
50 235
-
220 180
-
other
50
-
94
-
income
10 599
-
78 982
-
pensions
2 361
-
4 397
-
unemployment
779
-
1 450
-
total
13 789
-
84 923
-
Employer
50 235
-
220 180
-
accident
994
-
1 852
-
other
400
-
749
-
unemployment
2 764
-
5 144
-
pensions
11 855
-
22 076
-
total
16 013
-
29 821
-
Corporate
183 753
250 000
-
-
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.

27 562
37 500
-
-
total
27 562
37 500
-
-
Dividends
156 191
212 500
-
-
withholding
33 779
46 731
-
-
total
33 779
46 731
-
-
Income
250 000
250 000
250 000
250 000
Total tax
91 143
84 231
114 744
110 510
After tax
158 857
165 769
135 256
139 490
Living cost
36 446
36 446
36 446
36 446
Free-cash
122 411
129 323
98 810
103 044

Estimated living cost  is ₽36446 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
₽84720
₽70840
₽61969
₽70599
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
250 000
accident
-
-
-
2 019
income
-
-
-
50 087
pensions
-
-
-
35 893
health
-
-
-
16 826
surtax
-
-
-
12 563
communal
-
-
-
15 800
total
-
-
-
133 188
Employee
76 425
-
223 313
-
health
3 401
-
9 938
-
surtax
4 684
-
13 685
-
income
7 382
-
56 386
-
pensions
6 113
-
17 864
-
total
21 580
-
97 873
-
Employer
76 425
-
223 313
-
accident
688
-
2 009
-
pensions
6 113
-
17 864
-
health
2 331
-
6 812
-
total
9 132
-
26 685
-
Corporate
164 444
250 000
-
-
surtax
1 727
2 626
-
-
communal
11 100
16 874
-
-
income
24 667
37 500
-
-
total
37 494
57 000
-
-
Dividends
126 950
193 000
-
-
income
37 069
24 486
-
-
withholding
19 042
28 951
-
-
total
56 111
53 437
-
-
Income
250 000
250 000
250 000
250 000
Total tax
124 317
110 437
124 558
133 188
After tax
125 683
139 563
125 442
116 812
Living cost
54 843
54 843
54 843
54 843
Free-cash
70 840
84 720
70 599
61 969

Estimated living cost  is ₽54843 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
₽134582
₽131374
₽94681
₽88512
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
250 000
income
-
-
-
81 800
pensions
-
-
-
26 938
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
9 562
surtax
-
-
-
14 122
total
-
-
-
132 652
Employee
33 986
-
221 649
-
other
-
-
-
-
health
868
-
3 434
-
surtax
121
-
12 914
-
income
5 697
-
75 764
-
pensions
2 267
-
8 984
-
unemployment
2 365
-
9 374
-
total
11 318
-
110 470
-
Employer
33 986
-
221 649
-
other
-
-
-
-
unemployment
1 078
-
4 269
-
pensions
4 531
-
17 954
-
health
1 545
-
6 128
-
total
7 154
-
28 351
-
Corporate
208 859
250 000
-
-
income
54 303
65 001
-
-
total
54 303
65 001
-
-
Dividends
154 556
184 999
-
-
withholding
23 184
27 750
-
-
total
23 184
27 750
-
-
Income
250 000
250 000
250 000
250 000
Total tax
95 959
92 751
138 821
132 652
After tax
154 041
157 249
111 179
117 348
Living cost
22 667
22 667
22 667
22 667
Free-cash
131 374
134 582
88 512
94 681

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
₽104219
₽101979
₽93959
₽85448
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
250 000
municipal
-
-
-
1 595
regional
-
-
-
4 050
national
-
-
-
72 702
social contributions
-
-
-
50 509
total
-
-
-
128 856
Employee
55 981
-
250 000
-
social contributions
18 877
-
66 219
-
regional
754
-
3 732
-
municipal
297
-
1 471
-
national
8 869
-
65 945
-
total
28 797
-
137 367
-
Employer
55 981
-
250 000
-
total
-
-
-
-
Corporate
194 019
250 000
-
-
nationa
46 564
60 001
-
-
municipal
9 643
12 425
-
-
total
56 207
72 426
-
-
Dividends
137 813
177 574
-
-
withholding
35 832
46 170
-
-
total
35 832
46 170
-
-
Income
250 000
250 000
250 000
250 000
Total tax
120 836
118 596
137 367
128 856
After tax
129 164
131 404
112 633
121 144
Living cost
27 185
27 185
27 185
27 185
Free-cash
101 979
104 219
85 448
93 959

Estimated living cost  is ₽27185 per week

₽16907
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
₽142340
₽131715
₽120099
₽108830
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
250 000
income
-
-
-
27 220
health
-
-
-
33 750
solidarity contribution
-
-
-
4 365
social contributions
-
-
-
34 781
total
-
-
-
100 116
Employee
43 801
-
202 038
-
social contributions
2 847
-
7 742
-
health
5 913
-
27 275
-
solidarity contribution
-
-
3 354
-
income
5 256
-
25 053
-
total
14 016
-
63 424
-
Employer
43 801
-
202 038
-
social contributions
10 950
-
29 778
-
health
3 942
-
18 183
-
total
14 892
-
47 961
-
Corporate
191 306
250 000
-
-
income
36 348
47 500
-
-
total
36 348
47 500
-
-
Dividends
154 958
202 500
-
-
withholding
23 244
30 375
-
-
total
23 244
30 375
-
-
Income
250 000
250 000
250 000
250 000
Total tax
88 500
77 875
111 385
100 116
After tax
161 500
172 125
138 615
149 884
Living cost
29 785
29 785
29 785
29 785
Free-cash
131 715
142 340
108 830
120 099

Estimated living cost  is ₽29785 per week

₽22150
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.
₽5470
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽105545
₽105048
₽95701
₽32839
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
250 000
chamber of commerce
-
-
-
1 000
income
-
-
-
84 083
pensions
-
-
-
21 811
unemployment
-
-
-
6 190
health
-
-
-
9 018
surtax
-
-
-
-
total
-
-
-
122 102
Employee
44 114
40 217
209 392
-
other
440
402
1 180
-
health
1 706
1 557
4 562
-
income
3 930
2 967
71 614
-
pensions
4 518
4 117
12 073
-
unemployment
1 323
1 207
3 537
-
total
11 917
10 250
92 966
-
Employer
44 114
40 217
209 392
-
accident
573
523
1 532
-
other
2 095
1 909
9 168
-
chamber of commerce
176
161
837
-
unemployment
1 323
1 207
3 537
-
surtax
-
-
-
-
pensions
5 537
5 048
14 796
-
payroll
1 323
1 207
6 282
-
health
1 668
1 521
4 456
-
total
12 695
11 576
40 608
-
Corporate
193 190
198 208
205 562
-
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.

48 297
49 552
51 390
-
total
48 297
49 552
51 390
-
Dividends
144 893
148 656
-
-
withholding
39 846
40 880
-
-
total
39 846
40 880
-
-
Income
250 000
250 000
250 000
250 000
Total tax
112 755
112 258
184 964
122 102
After tax
137 245
137 742
65 036
127 898
Living cost
32 197
32 197
32 197
32 197
Free-cash
105 048
105 545
32 839
95 701

Estimated living cost  is ₽32197 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
₽223351
₽220698
₽233351
₽185851
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
250 000
microenterprise

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

-
-
-
2 500
total
-
-
-
2 500
Employee
17 686
-
250 000
-
income
3 537
-
50 000
-
total
3 537
-
50 000
-
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%.

232 314
250 000
-
-
total
-
-
-
-
Dividends
232 314
250 000
-
-
withholding
11 616
12 500
-
-
total
11 616
12 500
-
-
Income
250 000
250 000
250 000
250 000
Total tax
15 153
12 500
50 000
2 500
After tax
234 847
237 500
200 000
247 500
Living cost
14 149
14 149
14 149
14 149
Free-cash
220 698
223 351
185 851
233 351

Estimated living cost  is ₽14149 per week

₽9575
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
₽145054
₽136615
₽86574
₽81145
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
250 000
income
-
-
-
65 726
pensions
-
-
-
45 656
unemployment
-
-
-
375
health
-
-
-
24 600
total
-
-
-
136 357
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
-
216 319
-
health
2 882
-
13 975
-
income
7 696
-
60 298
-
pensions
6 917
-
33 530
-
unemployment
63
-
303
-
total
17 558
-
108 106
-
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
-
216 319
-
unemployment
27
-
130
-
pensions
3 949
-
19 143
-
health
2 972
-
14 407
-
total
6 948
-
33 680
-
Corporate
198 426
250 000
-
-
income
37 701
47 501
-
-
total
37 701
47 501
-
-
Dividends
160 725
202 499
-
-
withholding
24 109
30 376
-
-
total
24 109
30 376
-
-
Income
250 000
250 000
250 000
250 000
Total tax
86 316
77 877
141 786
136 357
After tax
163 684
172 123
108 214
113 643
Living cost
27 069
27 069
27 069
27 069
Free-cash
136 615
145 054
81 145
86 574

Estimated living cost  is ₽27069 per week

₽18577
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
₽108516
₽60470
₽129186
₽193128
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
250 000
income
-
-
-
48 730
social contributions
-
-
-
28 500
total
-
-
-
77 230
Employee
62 493
-
-
-
social contributions
5 124
-
730
-
income
13 785
-
-
-
total
18 909
-
730
-
Employer
62 493
-
-
-
social contributions
88 116
-
12 558
-
total
88 116
-
12 558
-
Corporate
99 391
250 000
-
-
income
21 866
55 000
-
-
total
21 866
55 000
-
-
Dividends
77 525
195 000
-
-
income
17 055
42 900
-
-
total
17 055
42 900
-
-
Income
250 000
250 000
250 000
250 000
Total tax
145 946
97 900
13 288
77 230
After tax
104 054
152 100
236 712
172 770
Living cost
43 584
43 584
43 584
43 584
Free-cash
60 470
108 516
193 128
129 186

Estimated living cost  is ₽43584 per week

₽28279
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.
₽10650
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽110545
₽109530
₽97596
₽77216
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
250 000
income
-
-
-
33 874
surtax
-
-
-
-
social contributions

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

-
-
-
86 875
total
-
-
-
120 749
Employee
46 415
-
202 021
-
social contributions
5 106
-
22 223
-
surtax
-
-
665
-
income
9 654
-
70 262
-
total
14 760
-
93 150
-
Employer
46 415
-
202 021
-
social contributions
11 023
-
47 979
-
total
11 023
-
47 979
-
Corporate
192 562
250 000
-
-
surtax
-
-
-
-
income
40 438
52 501
-
-
total
40 438
52 501
-
-
Dividends
152 124
197 499
-
-
withholding
42 594
55 299
-
-
total
42 594
55 299
-
-
Income
250 000
250 000
250 000
250 000
Total tax
108 815
107 800
141 129
120 749
After tax
141 185
142 200
108 871
129 251
Living cost
31 655
31 655
31 655
31 655
Free-cash
109 530
110 545
77 216
97 596

Estimated living cost  is ₽31655 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
₽77258
₽84194
₽86071
₽77286
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
250 000
income
-
-
-
49 794
pensions
-
-
-
37 694
other
-
-
-
7 750
health
-
-
-
12 827
surtax
-
-
-
-
social contributions
-
-
-
7 122
total
-
-
-
115 187
Employee
63 207
-
189 689
-
social contributions
1 800
-
5 406
-
surtax
-
-
-
-
income
5 515
-
43 488
-
pensions
7 149
-
14 766
-
total
14 464
-
63 660
-
Employer
63 207
-
189 689
-
other
2 181
-
8 071
-
social contributions
190
-
569
-
unemployment
2 561
-
7 682
-
pensions
10 386
-
24 575
-
health
4 424
-
19 415
-
total
19 742
-
60 312
-
Corporate
167 052
250 000
-
-
surtax
-
-
-
-
income
46 775
69 999
-
-
total
46 775
69 999
-
-
Dividends
120 277
180 001
-
-
surtax
-
-
-
-
social contributions
20 687
30 960
-
-
withholding
15 396
23 041
-
-
total
36 083
54 001
-
-
Income
250 000
250 000
250 000
250 000
Total tax
117 064
124 000
123 972
115 187
After tax
132 936
126 000
126 028
134 813
Living cost
48 742
48 742
48 742
48 742
Free-cash
84 194
77 258
77 286
86 071

Estimated living cost  is ₽48742 per week

₽32988
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
₽194664
₽191274
₽151293
₽157934
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
250 000
income
-
-
-
13 371
social contributions
-
-
-
55 000
total
-
-
-
68 371
Employee
32 444
-
216 449
-
income
-
-
14 109
-
social contributions
2 109
-
14 070
-
total
2 109
-
28 179
-
Employer
32 444
-
216 449
-
social contributions
5 029
-
33 551
-
total
5 029
-
33 551
-
Corporate
212 527
250 000
-
-
income
21 252
25 000
-
-
total
21 252
25 000
-
-
Dividends
191 275
225 000
-
-
total
-
-
-
-
Income
250 000
250 000
250 000
250 000
Total tax
28 390
25 000
61 730
68 371
After tax
221 610
225 000
188 270
181 629
Living cost
30 336
30 336
30 336
30 336
Free-cash
191 274
194 664
157 934
151 293

Estimated living cost  is ₽30336 per week

₽19615
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
₽30027
₽15664
₽94652
₽30027
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
250 000
municipal
-
-
-
54 219
pensions
-
-
-
875
national
-
-
-
31 701
labour market
-
-
-
19 930
total
-
-
-
106 725
Employee
205 227
205 227
205 227
-
labour market
16 395
16 395
16 395
-
national
25 072
25 072
25 072
-
municipal
43 702
43 702
43 702
-
pensions
292
292
292
-
total
85 461
85 461
85 461
-
Employer
205 227
205 227
205 227
-
labour market
16 418
16 418
16 418
-
municipal
43 772
43 772
43 772
-
pensions
583
583
583
-
national
25 116
25 116
25 116
-
total
85 889
85 889
85 889
-
Corporate
30 027
-
-
-
income
6 606
-
-
-
total
6 606
-
-
-
Dividends
23 421
-
-
-
withholding
7 757
-
-
-
total
7 757
-
-
-
Income
250 000
250 000
250 000
250 000
Total tax
185 713
171 350
171 350
106 725
After tax
64 287
78 650
78 650
143 275
Living cost
48 623
48 623
48 623
48 623
Free-cash
15 664
30 027
30 027
94 652

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
-₽1496
₽16916
₽148891
₽116624
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
250 000
accident
-
-
-
253
income
-
-
-
72 376
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
79 363
Employee
34 209
-
229 492
-
health
3 917
-
26 277
-
income
4 693
-
57 191
-
pensions
3 852
-
7 654
-
total
12 462
-
91 122
-
Employer
34 209
-
229 492
-
accident
571
-
3 833
-
unemployment
838
-
5 622
-
pensions
5 562
-
11 053
-
total
6 971
-
20 508
-
Corporate
208 820
250 000
-
-
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.

187 937
225 000
-
-
total
187 937
225 000
-
-
Dividends
20 882
25 000
-
-
withholding
3 968
4 750
-
-
total
3 968
4 750
-
-
Income
250 000
250 000
250 000
250 000
Total tax
211 338
229 750
111 630
79 363
After tax
38 662
20 250
138 370
170 637
Living cost
21 746
21 746
21 746
21 746
Free-cash
16 916
-1 496
116 624
148 891

Estimated living cost  is ₽21746 per week

₽15829
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1240
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
₽112998
₽116541
₽112007
₽83369
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
250 000
municipal
-
-
-
44 383
health
-
-
-
3 428
national
-
-
-
51 437
total
-
-
-
99 248
Employee
53 095
-
210 313
-
health
396
-
2 817
-
municipal
8 697
-
34 227
-
pensions
3 583
-
14 197
-
unemployment
797
-
3 154
-
national
877
-
33 804
-
total
14 350
-
88 199
-
Employer
53 095
-
210 313
-
accident
54
-
211
-
unemployment
345
-
1 367
-
pensions
9 212
-
36 489
-
health
408
-
1 620
-
total
10 019
-
39 687
-
Corporate
186 887
250 000
-
-
income
37 377
50 000
-
-
total
37 377
50 000
-
-
Dividends

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

112 132
150 000
-
-
national
12 785
21 258
-
-
municipal
20 183
26 999
-
-
total
32 968
48 257
-
-
Income
250 000
250 000
250 000
250 000
Total tax
94 714
98 257
127 886
99 248
After tax
155 286
151 743
122 114
150 752
Living cost
38 745
38 745
38 745
38 745
Free-cash
116 541
112 998
83 369
112 007

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
₽158776
₽153285
₽143893
₽141889
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
250 000
income
-
-
-
60 039
health
-
-
-
6 375
social contributions
-
-
-
16 328
total
-
-
-
82 742
Employee
77 601
77 601
236 929
-
social contributions
2 934
6 441
8 687
-
health
601
1 320
4 027
-
income
8 449
7 184
58 961
-
total
11 984
14 945
71 675
-
Employer
77 601
77 601
236 929
-
social contributions
2 934
6 441
8 687
-
health
653
1 436
4 384
-
total
3 587
7 877
13 071
-
Corporate
211 063
164 522
-
-
income
26 383
20 564
-
-
total
26 383
20 564
-
-
Dividends
184 680
143 957
-
-
withholding
31 396
24 473
-
-
total
31 396
24 473
-
-
Income
250 000
250 000
250 000
250 000
Total tax
73 350
67 859
84 746
82 742
After tax
176 650
182 141
165 254
167 258
Living cost
23 365
23 365
23 365
23 365
Free-cash
153 285
158 776
141 889
143 893

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.
₽6554
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽191002
₽185866
₽197845
₽177602
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
250 000
income
-
-
-
26 032
pensions
-
-
-
6 419
unemployment
-
-
-
29
health
-
-
-
3 652
total
-
-
-
36 132
Employee

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

23 164
-
240 137
-
health
1 969
-
8 139
-
income
1 584
-
23 531
-
pensions
3 474
-
14 363
-
unemployment
115
-
479
-
total
7 142
-
46 512
-
Employer

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

23 164
-
240 137
-
unemployment
115
-
479
-
pensions
1 274
-
5 267
-
health
996
-
4 117
-
total
2 385
-
9 863
-
Corporate
224 451
250 000
-
-
income
20 201
22 501
-
-
total
20 201
22 501
-
-
Dividends
204 251
227 499
-
-
withholding
18 383
20 474
-
-
total
18 383
20 474
-
-
Income
250 000
250 000
250 000
250 000
Total tax
48 111
42 975
56 375
36 132
After tax
201 889
207 025
193 625
213 868
Living cost
16 023
16 023
16 023
16 023
Free-cash
185 866
191 002
177 602
197 845

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
₽138018
₽133562
₽111739
₽107505
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
250 000
accident
-
-
-
843
income
-
-
-
82 447
pensions
-
-
-
26 471
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
110 510
Employee
37 315
-
220 180
-
other
36
-
94
-
income
7 194
-
78 982
-
pensions
1 754
-
4 397
-
unemployment
578
-
1 450
-
total
9 562
-
84 923
-
Employer
37 315
-
220 180
-
accident
739
-
1 852
-
other
299
-
749
-
unemployment
2 053
-
5 144
-
pensions
8 806
-
22 076
-
total
11 897
-
29 821
-
Corporate
200 788
250 000
-
-
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.

30 119
37 500
-
-
total
30 119
37 500
-
-
Dividends
170 669
212 500
-
-
withholding
37 109
46 731
-
-
total
37 109
46 731
-
-
Income
250 000
250 000
250 000
250 000
Total tax
88 687
84 231
114 744
110 510
After tax
161 313
165 769
135 256
139 490
Living cost
27 751
27 751
27 751
27 751
Free-cash
133 562
138 018
107 505
111 739

Estimated living cost  is ₽27751 per week

₽18732
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
₽153244
₽152790
₽158126
₽157928
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
250 000
income
-
-
-
85 651
pensions
-
-
-
2 010
health
-
-
-
1 457
total
-
-
-
89 118
Employee
4 198
-
247 738
-
health
210
-
503
-
income
812
-
85 545
-
pensions
378
-
905
-
unemployment
42
-
101
-
total
1 442
-
87 054
-
Employer
4 198
-
247 738
-
unemployment
84
-
201
-
pensions
462
-
1 106
-
health
399
-
955
-
total
945
-
2 262
-
Corporate
244 858
250 000
-
-
income
53 869
55 000
-
-
total
53 869
55 000
-
-
Dividends
190 989
195 000
-
-
withholding
38 198
39 000
-
-
total
38 198
39 000
-
-
Income
250 000
250 000
250 000
250 000
Total tax
94 454
94 000
89 316
89 118
After tax
155 546
156 000
160 684
160 882
Living cost
2 756
2 756
2 756
2 756
Free-cash
152 790
153 244
157 928
158 126

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
₽163172
₽158207
₽146070
₽146071
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
250 000
income
-
-
-
58 284
pensions
-
-
-
19 392
unemployment
-
-
-
1 119
health
-
-
-
7 682
total
-
-
-
86 477
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
-
236 649
-
health
1 355
-
3 841
-
income
3 628
-
58 284
-
pensions
3 685
-
10 442
-
unemployment
197
-
559
-
total
8 865
-
73 126
-
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
-
236 649
-
unemployment
197
-
559
-
pensions
3 158
-
8 950
-
health
1 355
-
3 841
-
total
4 710
-
13 350
-
Corporate
218 970
250 000
-
-
income
32 846
37 500
-
-
total
32 846
37 500
-
-
Dividends
186 125
212 500
-
-
withholding
27 919
31 875
-
-
total
27 919
31 875
-
-
Income
250 000
250 000
250 000
250 000
Total tax
74 340
69 375
86 476
86 477
After tax
175 660
180 625
163 524
163 523
Living cost
17 453
17 453
17 453
17 453
Free-cash
158 207
163 172
146 071
146 070

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
₽114993
₽114629
₽102044
₽81664
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
250 000
income
-
-
-
33 874
surtax
-
-
-
-
social contributions

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

-
-
-
86 875
total
-
-
-
120 749
Employee
39 169
-
202 021
-
social contributions
4 309
-
22 223
-
surtax
-
-
665
-
income
7 653
-
70 262
-
total
11 962
-
93 150
-
Employer
39 169
-
202 021
-
social contributions
9 302
-
47 979
-
total
9 302
-
47 979
-
Corporate
201 530
250 000
-
-
surtax
-
-
-
-
income
42 322
52 501
-
-
total
42 322
52 501
-
-
Dividends
159 208
197 499
-
-
withholding
44 578
55 299
-
-
total
44 578
55 299
-
-
Income
250 000
250 000
250 000
250 000
Total tax
108 164
107 800
141 129
120 749
After tax
141 836
142 200
108 871
129 251
Living cost
27 207
27 207
27 207
27 207
Free-cash
114 629
114 993
81 664
102 044

Estimated living cost  is ₽27207 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
₽130302
₽123698
₽104023
₽99789
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
250 000
accident
-
-
-
843
income
-
-
-
82 447
pensions
-
-
-
26 471
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
110 510
Employee
48 739
-
220 180
-
other
48
-
94
-
income
10 180
-
78 982
-
pensions
2 290
-
4 397
-
unemployment
755
-
1 450
-
total
13 273
-
84 923
-
Employer
48 739
-
220 180
-
accident
965
-
1 852
-
other
391
-
749
-
unemployment
2 681
-
5 144
-
pensions
11 502
-
22 076
-
total
15 539
-
29 821
-
Corporate
185 722
250 000
-
-
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.

27 859
37 500
-
-
total
27 859
37 500
-
-
Dividends
157 863
212 500
-
-
withholding
34 164
46 731
-
-
total
34 164
46 731
-
-
Income
250 000
250 000
250 000
250 000
Total tax
90 835
84 231
114 744
110 510
After tax
159 165
165 769
135 256
139 490
Living cost
35 467
35 467
35 467
35 467
Free-cash
123 698
130 302
99 789
104 023

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
₽196379
₽190225
₽185712
₽196293
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
250 000
income
-
-
-
37 500
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
-
-
-
46 917
Employee
23 001
-
243 080
-
health
1 058
-
1 622
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
income
2 300
-
24 308
-
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
-
29 415
-
Employer
23 001
-
243 080
-
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
222 486
250 000
-
-
income
22 249
25 000
-
-
total
22 249
25 000
-
-
Dividends
200 237
225 000
-
-
withholding
10 012
11 250
-
-
total
10 012
11 250
-
-
Income
250 000
250 000
250 000
250 000
Total tax
42 404
36 250
36 336
46 917
After tax
207 596
213 750
213 664
203 083
Living cost
17 371
17 371
17 371
17 371
Free-cash
190 225
196 379
196 293
185 712

Estimated living cost  is ₽17371 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
₽89581
₽102785
₽85024
₽114166
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
250 000
trade
-
-
-
29 142
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.

-
-
-
85 288
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.

-
-
-
4 690
total
-
-
-
126 014
Employee

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

50 213
-
250 000
-
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
-
4 690
-
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
-
85 288
-
total
11 251
-
96 872
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
199 787
250 000
-
-
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.

1 649
2 063
-
-
income
29 968
37 500
-
-
trade
28 669
35 876
-
-
chamber of commerce
446
519
-
-
total
60 732
75 958
-
-
Dividends
139 055
174 043
-
-
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.

1 890
2 373
-
-
withholding
34 380
43 126
-
-
total
36 270
45 499
-
-
Income
250 000
250 000
250 000
250 000
Total tax
108 253
121 457
96 872
126 014
After tax
141 747
128 543
153 128
123 986
Living cost
38 962
38 962
38 962
38 962
Free-cash
102 785
89 581
114 166
85 024

Estimated living cost  is ₽38962 per week

₽26877
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
₽117511
₽119742
₽65811
₽65811
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
250 000
income
-
-
-
83 319
social contributions
-
-
-
43 383
total
-
-
-
126 702
Employee
78 941
-
250 000
-
income
14 896
-
83 319
-
social contributions
6 558
-
43 383
-
total
21 454
-
126 702
-
Employer
78 941
-
250 000
-
total
-
-
-
-
Corporate
171 059
250 000
-
-
income
21 382
31 251
-
-
total
21 382
31 251
-
-
Dividends
149 677
218 749
-
-
withholding
29 935
43 751
-
-
total
29 935
43 751
-
-
Income
250 000
250 000
250 000
250 000
Total tax
72 771
75 002
126 702
126 702
After tax
177 229
174 998
123 298
123 298
Living cost
57 487
57 487
57 487
57 487
Free-cash
119 742
117 511
65 811
65 811

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
₽120534
₽124061
₽169125
₽136714
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
250 000
income
-
-
-
37 500
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
-
-
-
44 241
Employee
46 295
-
245 358
-
income
5 023
-
67 368
-
social contributions
4 638
-
4 642
-
total
9 661
-
72 010
-
Employer
46 295
-
245 358
-
social contributions
4 638
-
4 642
-
total
4 638
-
4 642
-
Corporate
199 066
250 000
-
-
income
69 674
87 500
-
-
total
69 674
87 500
-
-
Dividends
129 393
162 500
-
-
social contributions
5 332
5 332
-
-
total
5 332
5 332
-
-
Income
250 000
250 000
250 000
250 000
Total tax
89 305
92 832
76 652
44 241
After tax
160 695
157 168
173 348
205 759
Living cost
36 634
36 634
36 634
36 634
Free-cash
124 061
120 534
136 714
169 125

Estimated living cost  is ₽36634 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
₽118309
₽124304
₽122785
₽100555
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
250 000
income
-
-
-
79 057
pensions
-
-
-
10 543
total
-
-
-
89 600
Employee
51 632
-
217 727
-
health
674
-
2 877
-
income
9 403
-
64 235
-
pensions
3 941
-
12 445
-
total
14 018
-
79 557
-
Employer
51 632
-
217 727
-
pensions
5 216
-
28 136
-
health
981
-
4 137
-
total
6 197
-
32 273
-
Corporate
192 170
250 000
-
-
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.

36 513
47 499
-
-
total
36 513
47 499
-
-
Dividends
155 657
202 501
-
-
withholding
31 353
46 577
-
-
total
31 353
46 577
-
-
Income
250 000
250 000
250 000
250 000
Total tax
88 081
94 076
111 830
89 600
After tax
161 919
155 924
138 170
160 400
Living cost
37 615
37 615
37 615
37 615
Free-cash
124 304
118 309
100 555
122 785

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
-₽3650
₽16584
₽146737
₽114470
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
250 000
accident
-
-
-
253
income
-
-
-
72 376
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
79 363
Employee
37 595
-
229 492
-
health
4 304
-
26 277
-
income
5 158
-
57 191
-
pensions
4 233
-
7 654
-
total
13 695
-
91 122
-
Employer
37 595
-
229 492
-
accident
628
-
3 833
-
unemployment
921
-
5 622
-
pensions
6 113
-
11 053
-
total
7 662
-
20 508
-
Corporate
204 744
250 000
-
-
income

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

184 269
225 000
-
-
total
184 269
225 000
-
-
Dividends
20 474
25 000
-
-
withholding
3 890
4 750
-
-
total
3 890
4 750
-
-
Income
250 000
250 000
250 000
250 000
Total tax
209 516
229 750
111 630
79 363
After tax
40 484
20 250
138 370
170 637
Living cost
23 900
23 900
23 900
23 900
Free-cash
16 584
-3 650
114 470
146 737

Estimated living cost  is ₽23900 per week

₽17540
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1393
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.
₽4486
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽177619
₽174565
₽149675
₽171868
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
250 000
work injury
-
-
-
807
health insurance
-
-
-
11 943
income
-
-
-
42 311
pensions
-
-
-
29 696
unemployment
-
-
-
1 937
total
-
-
-
86 694
Employee

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

21 810
-
250 000
-
work injury
109
-
403
-
income
2 181
-
42 311
-
pensions
4 013
-
14 848
-
health insurance
1 614
-
5 971
-
unemployment
262
-
968
-
total
8 179
-
64 501
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
228 190
250 000
-
-
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%.

22 819
25 000
-
-
total
22 819
25 000
-
-
Dividends
205 371
225 000
-
-
withholding
30 806
33 750
-
-
total
30 806
33 750
-
-
Income
250 000
250 000
250 000
250 000
Total tax
61 804
58 750
64 501
86 694
After tax
188 196
191 250
185 499
163 306
Living cost
13 631
13 631
13 631
13 631
Free-cash
174 565
177 619
171 868
149 675

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
₽91479
₽86887
₽78486
₽70195
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
250 000
municipal
-
-
-
1 794
regional
-
-
-
6 306
national
-
-
-
72 702
social contributions
-
-
-
50 509
total
-
-
-
131 311
Employee
85 040
-
250 000
-
social contributions
28 675
-
66 219
-
regional
1 284
-
5 783
-
municipal
508
-
1 655
-
national
14 371
-
65 945
-
total
44 838
-
139 602
-
Employer
85 040
-
250 000
-
total
-
-
-
-
Corporate
164 960
250 000
-
-
nationa
39 591
60 001
-
-
municipal
7 952
12 050
-
-
total
47 543
72 051
-
-
Dividends
117 417
177 950
-
-
withholding
30 529
46 267
-
-
total
30 529
46 267
-
-
Income
250 000
250 000
250 000
250 000
Total tax
122 910
118 318
139 602
131 311
After tax
127 090
131 682
110 398
118 689
Living cost
40 203
40 203
40 203
40 203
Free-cash
86 887
91 479
70 195
78 486

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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