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
₽ 197000
per

Your estimated
City
free-cash

Dresden , Germany
₽69941
₽70503
₽81025
₽94005
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
197 000
trade
-
-
-
24 064
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.

-
-
-
6 497
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.

-
-
-
3 528
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.

-
-
-
64 163
total
-
-
-
98 252
Employee

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

36 376
-
197 000
-
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.

56
-
3 528
-
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.

1 016
-
64 163
-
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.

6 497
-
6 497
-
total
7 569
-
74 188
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
160 624
197 000
-
-
trade
25 298
31 028
-
-
income
24 094
29 550
-
-
chamber of commerce
375
428
-
-
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.

1 325
1 626
-
-
total
51 092
62 632
-
-
Dividends
109 532
134 368
-
-
withholding
27 022
33 230
-
-
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.

1 485
1 828
-
-
total
28 507
35 058
-
-
Income
197 000
197 000
197 000
197 000
Total tax
87 168
97 690
74 188
98 252
After tax
109 832
99 310
122 812
98 748
Living cost
28 807
28 807
28 807
28 807
Free-cash
81 025
70 503
94 005
69 941

Estimated living cost  is ₽28807 per week

₽18120
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3359
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽538
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6790
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63774
₽72556
₽71719
₽64833
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
197 000
municipal
-
-
-
21 737
pensions
-
-
-
23 640
social contributions
-
-
-
2 118
national
-
-
-
35 359
total
-
-
-
82 854
Employee
78 085
-
170 305
-
municipal
9 645
-
22 499
-
national
14 945
-
37 029
-
pensions
3 123
-
6 812
-
total
27 713
-
66 340
-
Employer
78 085
-
170 305
-
pensions
6 247
-
13 624
-
social contributions
839
-
1 831
-
total
7 086
-
15 455
-
Corporate
106 675
197 000
-
-
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%.

21 335
39 400
-
-
total
21 335
39 400
-
-
Dividends
85 340
157 600
-
-
withholding
18 775
34 672
-
-
total
18 775
34 672
-
-
Income
197 000
197 000
197 000
197 000
Total tax
74 909
74 072
81 795
82 854
After tax
122 091
122 928
115 205
114 146
Living cost
50 372
50 372
50 372
50 372
Free-cash
71 719
72 556
64 833
63 774

Estimated living cost  is ₽50372 per week

₽34237
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4682
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽754
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10698
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50728
₽137813
₽130013
₽64973
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
197 000
surtax
-
-
-
50 235
social contributions

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

-
-
-
36 439
income
-
-
-
39 812
microenterprise
-
-
-
-
total
-
-
-
126 486
Employee
27 790
-
152 878
-
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.

3 057
-
12 468
-
surtax
-
-
22 167
-
income
4 947
-
33 484
-
total
8 004
-
68 119
-
Employer
27 790
-
152 878
-
surtax
-
-
16 817
-
social contributions

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

6 694
-
27 305
-
total
6 694
-
44 122
-
Corporate
162 516
197 000
-
-
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%.

32 503
39 401
-
-
total
32 503
39 401
-
-
Dividends

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

130 013
157 599
-
-
total
-
-
-
-
Income
197 000
197 000
197 000
197 000
Total tax
47 201
39 401
112 241
126 486
After tax
149 799
157 599
84 759
70 514
Living cost
19 786
19 786
19 786
19 786
Free-cash
130 013
137 813
64 973
50 728

Estimated living cost  is ₽19786 per week

₽12623
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1884
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4830
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66868
₽58131
₽52305
₽86180
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
197 000
pensions
-
-
-
11 143
health
-
-
-
11 728
income
-
-
-
67 420
total
-
-
-
90 291
Employee
81 216
81 216
179 326
-
pensions
14 619
11 143
11 143
-
income

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

13 294
13 294
30 434
-
health
12 466
10 603
11 728
-
total
40 379
35 040
53 305
-
Employer
81 216
81 216
179 326
-
pensions
5 653
5 653
7 026
-
unemployment
2 924
2 924
3 633
-
health
5 645
5 645
7 015
-
total
14 222
14 222
17 674
-
Corporate
102 558
101 562
-
-
income
20 512
20 313
-
-
total
20 512
20 313
-
-
Dividends
82 046
81 249
-
-
withholding
12 307
12 188
-
-
income
17 434
17 265
-
-
total
29 741
29 453
-
-
Income
197 000
197 000
197 000
197 000
Total tax
104 854
99 028
70 979
90 291
After tax
92 146
97 972
126 021
106 709
Living cost
39 841
39 841
39 841
39 841
Free-cash
52 305
58 131
86 180
66 868

Estimated living cost  is ₽39841 per week

₽28234
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3592
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽633
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7382
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60503
₽68393
₽67515
₽59554
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
197 000
municipal
-
-
-
51 329
pensions
-
-
-
9 280
health
-
-
-
5 357
other
-
-
-
9 975
unemployment
-
-
-
86
accident
-
-
-
172
national
-
-
-
21 129
total
-
-
-
97 328
Employee
55 812
-
170 028
-
municipal
16 643
-
50 702
-
national
-
-
20 603
-
total
16 643
-
71 305
-
Employer
55 812
-
170 028
-
pensions
6 033
-
9 280
-
other
6 485
-
9 975
-
unemployment
1 473
-
2 266
-
accident
112
-
172
-
health
3 432
-
5 279
-
total
17 535
-
26 972
-
Corporate
123 652
197 000
-
-
income
27 203
43 340
-
-
total
27 203
43 340
-
-
Dividends
96 449
153 660
-
-
withholding
28 935
46 098
-
-
total
28 935
46 098
-
-
Income
197 000
197 000
197 000
197 000
Total tax
90 316
89 438
98 277
97 328
After tax
106 684
107 562
98 723
99 672
Living cost
39 169
39 169
39 169
39 169
Free-cash
67 515
68 393
59 554
60 503

Estimated living cost  is ₽39169 per week

₽25960
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3844
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽595
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8771
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60319
₽60937
₽74301
₽85451
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
197 000
trade
-
-
-
25 132
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.

-
-
-
6 497
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.

-
-
-
3 528
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.

-
-
-
64 163
total
-
-
-
99 320
Employee

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

48 230
-
197 000
-
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.

227
-
3 528
-
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.

4 144
-
64 163
-
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.

6 497
-
6 497
-
total
10 868
-
74 188
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
148 770
197 000
-
-
trade
24 473
32 407
-
-
income
22 315
29 550
-
-
chamber of commerce
356
424
-
-
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.

1 227
1 626
-
-
total
48 371
64 007
-
-
Dividends
100 399
132 992
-
-
withholding
24 738
32 887
-
-
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.

1 361
1 808
-
-
total
26 099
34 695
-
-
Income
197 000
197 000
197 000
197 000
Total tax
85 338
98 702
74 188
99 320
After tax
111 662
98 298
122 812
97 680
Living cost
37 361
37 361
37 361
37 361
Free-cash
74 301
60 937
85 451
60 319

Estimated living cost  is ₽37361 per week

₽24988
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3940
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽558
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7876
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽102327
₽112768
₽108828
₽100674
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
197 000
health
-
-
-
5 023
social contributions
-
-
-
15 388
income
-
-
-
43 415
total
-
-
-
63 826
Employee
73 132
73 132
185 384
-
social contributions
3 554
6 070
8 187
-
income
7 679
6 770
42 525
-
health
727
1 244
3 151
-
total
11 960
14 084
53 863
-
Employer
73 132
73 132
185 384
-
social contributions
3 554
6 070
8 187
-
health
792
1 354
3 429
-
total
4 346
7 424
11 616
-
Corporate
149 846
116 445
-
-
income
18 730
14 556
-
-
total
18 730
14 556
-
-
Dividends
131 116
101 889
-
-
withholding
22 289
17 321
-
-
total
22 289
17 321
-
-
Income
197 000
197 000
197 000
197 000
Total tax
57 325
53 385
65 479
63 826
After tax
139 675
143 615
131 521
133 174
Living cost
30 847
30 847
30 847
30 847
Free-cash
108 828
112 768
100 674
102 327

Estimated living cost  is ₽30847 per week

₽21087
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2409
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽518
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6833
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽119027
₽93161
₽93523
₽96758
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
197 000
pensions
-
-
-
19 700
health
-
-
-
13 790
unemployment
-
-
-
2 955
income
-
-
-
24 083
total
-
-
-
60 528
Employee

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

The minimum wage is 138,000 HUF per month.

25 182
10 022
164 854
-
pensions
2 518
1 002
16 485
-
unemployment
378
150
2 473
-
income
3 079
1 225
20 153
-
health
1 763
702
11 540
-
total
7 738
3 079
50 651
-
Employer

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

The minimum wage is 138,000 HUF per month.

25 182
10 022
164 854
-
pensions
4 911
1 954
32 146
-
total
4 911
1 954
32 146
-
Corporate
166 907
185 024
-
-
income
15 022
16 652
-
-
total
15 022
16 652
-
-
Dividends
151 886
168 371
-
-
withholding
28 858
31 991
-
-
social contributions
29 503
32 718
-
-
total
58 361
64 709
-
-
Income
197 000
197 000
197 000
197 000
Total tax
86 032
86 394
82 797
60 528
After tax
110 968
110 606
114 203
136 472
Living cost
17 445
17 445
17 445
17 445
Free-cash
93 523
93 161
96 758
119 027

Estimated living cost  is ₽17445 per week

₽11905
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1427
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽349
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3764
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82620
₽134627
₽128720
₽90576
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
197 000
pensions
-
-
-
39 399
health
-
-
-
25 610
income
-
-
-
26 399
total
-
-
-
91 408
Employee
26 980
-
147 234
-
pensions
540
-
2 945
-
unemployment
431
-
2 355
-
income
3 037
-
28 386
-
total
4 008
-
33 686
-
Employer
26 980
-
147 234
-
pensions
5 396
-
29 447
-
unemployment
217
-
1 179
-
health
3 507
-
19 140
-
total
9 120
-
49 766
-
Corporate
160 900
197 000
-
-
income
32 180
39 401
-
-
total
32 180
39 401
-
-
Dividends
128 721
157 599
-
-
total
-
-
-
-
Income
197 000
197 000
197 000
197 000
Total tax
45 308
39 401
83 452
91 408
After tax
151 692
157 599
113 548
105 592
Living cost
22 972
22 972
22 972
22 972
Free-cash
128 720
134 627
90 576
82 620

Estimated living cost  is ₽22972 per week

₽15756
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1368
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5386
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽113335
-₽5281
₽12700
₽86716
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
197 000
pensions
-
-
-
4 017
health
-
-
-
2 105
other
-
-
-
358
accident
-
-
-
244
income
-
-
-
55 703
total
-
-
-
62 427
Employee
33 409
-
178 990
-
pensions
3 762
-
7 365
-
income
4 583
-
43 177
-
health
3 825
-
20 494
-
total
12 170
-
71 036
-
Employer
33 409
-
178 990
-
pensions
5 433
-
10 636
-
unemployment
818
-
4 385
-
accident
558
-
2 989
-
total
6 809
-
18 010
-
Corporate
156 783
197 000
-
-
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.

141 104
177 300
-
-
total
141 104
177 300
-
-
Dividends
15 678
19 700
-
-
withholding
2 979
3 743
-
-
total
2 979
3 743
-
-
Income
197 000
197 000
197 000
197 000
Total tax
163 062
181 043
89 046
62 427
After tax
33 938
15 957
107 954
134 573
Living cost
21 238
21 238
21 238
21 238
Free-cash
12 700
-5 281
86 716
113 335

Estimated living cost  is ₽21238 per week

₽15566
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1177
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽443
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4053
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽187251
₽179371
₽177912
₽149821
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
197 000
microenterprise

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

-
-
-
1 970
total
-
-
-
1 970
Employee
9 724
-
197 000
-
income
1 945
-
39 400
-
total
1 945
-
39 400
-
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%.

187 276
197 000
-
-
total
-
-
-
-
Dividends
187 276
197 000
-
-
withholding
9 364
9 850
-
-
total
9 364
9 850
-
-
Income
197 000
197 000
197 000
197 000
Total tax
11 309
9 850
39 400
1 970
After tax
185 691
187 150
157 600
195 030
Living cost
7 779
7 779
7 779
7 779
Free-cash
177 912
179 371
149 821
187 251

Estimated living cost  is ₽7779 per week

₽4821
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽647
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽214
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2098
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90476
₽119394
₽112970
₽88808
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
197 000
pensions

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

-
-
-
34 710
health
-
-
-
6 364
other
-
-
-
6 869
income
-
-
-
33 239
total
-
-
-
81 182
Employee
34 532
-
160 429
-
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.

2 417
-
10 123
-
unemployment
345
-
1 446
-
income
5 945
-
32 685
-
health
484
-
2 025
-
total
9 191
-
46 279
-
Employer
34 532
-
160 429
-
pensions

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

5 871
-
24 587
-
other
1 727
-
7 230
-
unemployment
345
-
1 446
-
accident
276
-
1 283
-
health
484
-
2 025
-
total
8 703
-
36 571
-
Corporate
153 765
197 000
-
-
income
32 292
41 370
-
-
total
32 292
41 370
-
-
Dividends
121 474
155 630
-
-
withholding
8 502
10 894
-
-
total
8 502
10 894
-
-
Income
197 000
197 000
197 000
197 000
Total tax
58 688
52 264
82 850
81 182
After tax
138 312
144 736
114 150
115 818
Living cost
25 342
25 342
25 342
25 342
Free-cash
112 970
119 394
88 808
90 476

Estimated living cost  is ₽25342 per week

₽17905
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1711
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.
₽5317
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65198
₽62510
₽70112
₽47540
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
197 000
pensions
-
-
-
9 108
income
-
-
-
59 566
total
-
-
-
68 674
Employee
89 316
-
171 807
-
pensions
8 617
-
10 976
-
income
16 100
-
47 791
-
health
1 472
-
2 372
-
total
26 189
-
61 139
-
Employer
89 316
-
171 807
-
pensions
10 546
-
21 929
-
health
1 696
-
3 264
-
total
12 242
-
25 193
-
Corporate
95 442
197 000
-
-
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.

18 133
37 431
-
-
total
18 133
37 431
-
-
Dividends
77 308
159 569
-
-
withholding
7 196
33 931
-
-
total
7 196
33 931
-
-
Income
197 000
197 000
197 000
197 000
Total tax
63 760
71 362
86 332
68 674
After tax
133 240
125 638
110 668
128 326
Living cost
63 128
63 128
63 128
63 128
Free-cash
70 112
62 510
47 540
65 198

Estimated living cost  is ₽63128 per week

₽47303
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7417
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.
₽7895
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽146110
₽155965
₽151546
₽154155
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
197 000
pensions

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

-
-
-
4 917
health
-
-
-
3 820
unemployment
-
-
-
133
income
-
-
-
29 550
total
-
-
-
38 420
Employee
16 511
-
190 482
-
accident

We are using the highest rate at 1.1%.

182
-
365
-
pensions

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

1 450
-
2 917
-
income
1 651
-
19 048
-
health
759
-
1 528
-
total
4 042
-
23 858
-
Employer
16 511
-
190 482
-
pensions

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

1 820
-
3 661
-
unemployment
99
-
199
-
accident

We are using the highest rate at 1.1%.

182
-
365
-
health
1 140
-
2 292
-
total
3 241
-
6 517
-
Corporate
177 249
197 000
-
-
income
17 725
19 700
-
-
total
17 725
19 700
-
-
Dividends
159 524
177 300
-
-
withholding
7 976
8 865
-
-
total
7 976
8 865
-
-
Income
197 000
197 000
197 000
197 000
Total tax
32 984
28 565
30 375
38 420
After tax
164 016
168 435
166 625
158 580
Living cost
12 470
12 470
12 470
12 470
Free-cash
151 546
155 965
154 155
146 110

Estimated living cost  is ₽12470 per week

₽7280
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽890
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽330
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3969
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53972
₽45235
₽47629
₽73284
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
197 000
pensions
-
-
-
11 143
health
-
-
-
11 728
income
-
-
-
67 420
total
-
-
-
90 291
Employee
88 175
81 216
179 326
-
pensions
11 143
11 143
11 143
-
income

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

13 294
13 294
30 434
-
health
11 000
10 603
11 728
-
total
35 437
35 040
53 305
-
Employer
88 175
81 216
179 326
-
pensions
6 136
5 653
7 026
-
unemployment
3 175
2 924
3 633
-
health
6 127
5 645
7 015
-
total
15 438
14 222
17 674
-
Corporate
93 387
101 562
-
-
income
18 678
20 313
-
-
total
18 678
20 313
-
-
Dividends
74 709
81 249
-
-
withholding
11 206
12 188
-
-
income
15 875
17 265
-
-
total
27 081
29 453
-
-
Income
197 000
197 000
197 000
197 000
Total tax
96 634
99 028
70 979
90 291
After tax
100 366
97 972
126 021
106 709
Living cost
52 737
52 737
52 737
52 737
Free-cash
47 629
45 235
73 284
53 972

Estimated living cost  is ₽52737 per week

₽38903
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4711
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽605
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8520
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90902
₽111998
₽103566
₽82528
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
197 000
health
-
-
-
26 595
social contributions
-
-
-
34 013
solidarity contribution
-
-
-
1 394
income
-
-
-
20 459
total
-
-
-
82 461
Employee
34 760
-
154 018
-
social contributions
2 259
-
7 571
-
income
4 171
-
18 848
-
solidarity contribution
-
-
642
-
health
4 693
-
20 792
-
total
11 123
-
47 853
-
Employer
34 760
-
154 018
-
social contributions
8 690
-
29 120
-
health
3 128
-
13 862
-
total
11 818
-
42 982
-
Corporate
150 421
197 000
-
-
income
28 580
37 430
-
-
total
28 580
37 430
-
-
Dividends
121 841
159 570
-
-
withholding
18 276
23 935
-
-
total
18 276
23 935
-
-
Income
197 000
197 000
197 000
197 000
Total tax
69 797
61 365
90 835
82 461
After tax
127 203
135 635
106 165
114 539
Living cost
23 637
23 637
23 637
23 637
Free-cash
103 566
111 998
82 528
90 902

Estimated living cost  is ₽23637 per week

₽16418
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1682
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.
₽5072
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53749
₽64975
₽60008
₽45669
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
197 000
municipal
-
-
-
1 195
regional
-
-
-
2 410
social contributions
-
-
-
47 600
national
-
-
-
51 915
total
-
-
-
103 120
Employee
84 524
-
197 000
-
social contributions
28 502
-
62 405
-
municipal
448
-
1 077
-
regional
798
-
2 154
-
national
14 646
-
45 564
-
total
44 394
-
111 200
-
Employer
84 524
-
197 000
-
total
-
-
-
-
Corporate
112 476
197 000
-
-
nationa
26 995
47 281
-
-
municipal
4 386
7 683
-
-
total
31 381
54 964
-
-
Dividends
81 096
142 036
-
-
withholding
21 086
36 930
-
-
total
21 086
36 930
-
-
Income
197 000
197 000
197 000
197 000
Total tax
96 861
91 894
111 200
103 120
After tax
100 139
105 106
85 800
93 880
Living cost
40 131
40 131
40 131
40 131
Free-cash
60 008
64 975
45 669
53 749

Estimated living cost  is ₽40131 per week

₽27975
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2631
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽615
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8909
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71848
₽102926
₽99966
₽66033
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
197 000
pensions
-
-
-
25 386
health
-
-
-
9 011
surtax
-
-
-
9 834
other
-
-
-
-
unemployment
-
-
-
217
income
-
-
-
59 717
total
-
-
-
104 165
Employee
31 451
-
170 282
-
surtax
103
-
8 696
-
pensions
2 097
-
8 466
-
other
-
-
-
-
unemployment
2 189
-
8 835
-
income
5 272
-
54 029
-
health
803
-
3 236
-
total
10 464
-
83 262
-
Employer
31 451
-
170 282
-
pensions
4 193
-
16 920
-
other
-
-
-
-
unemployment
996
-
4 023
-
health
1 431
-
5 775
-
total
6 620
-
26 718
-
Corporate
158 929
197 000
-
-
income
41 321
51 220
-
-
total
41 321
51 220
-
-
Dividends
117 608
145 780
-
-
withholding
17 642
21 867
-
-
total
17 642
21 867
-
-
Income
197 000
197 000
197 000
197 000
Total tax
76 047
73 087
109 980
104 165
After tax
120 953
123 913
87 020
92 835
Living cost
20 987
20 987
20 987
20 987
Free-cash
99 966
102 926
66 033
71 848

Estimated living cost  is ₽20987 per week

₽12832
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1937
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.
₽5734
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85199
₽82511
₽88746
₽67541
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
197 000
pensions
-
-
-
9 108
income
-
-
-
59 566
total
-
-
-
68 674
Employee
59 857
-
171 807
-
pensions
5 081
-
10 976
-
income
10 781
-
47 791
-
health
869
-
2 372
-
total
16 731
-
61 139
-
Employer
59 857
-
171 807
-
pensions
6 480
-
21 929
-
health
1 137
-
3 264
-
total
7 617
-
25 193
-
Corporate
129 526
197 000
-
-
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.

24 611
37 431
-
-
total
24 611
37 431
-
-
Dividends
104 915
159 569
-
-
withholding
16 168
33 931
-
-
total
16 168
33 931
-
-
Income
197 000
197 000
197 000
197 000
Total tax
65 127
71 362
86 332
68 674
After tax
131 873
125 638
110 668
128 326
Living cost
43 127
43 127
43 127
43 127
Free-cash
88 746
82 511
67 541
85 199

Estimated living cost  is ₽43127 per week

₽32311
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3233
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7132
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽81375
₽13640
₽46347
₽73075
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
197 000
regional
-
-
-
10 396
city
-
-
-
2 077
pensions
-
-
-
18 124
health
-
-
-
444
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.

-
-
-
3 940
national
-
-
-
4 201
total
-
-
-
39 182
Employee
89 458
-
176 656
-
regional
2 929
-
9 077
-
national
423
-
3 235
-
pensions
7 516
-
14 470
-
unemployment
-
-
-
-
city
960
-
1 902
-
health
202
-
397
-
total
12 030
-
29 081
-
Employer
89 458
-
176 656
-
pensions
7 516
-
14 470
-
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.

1 789
-
3 534
-
unemployment
-
-
-
-
health
202
-
397
-
total
9 507
-
18 401
-
Corporate
97 052
197 000
-
-
regional
20 527
41 666
-
-
national
8 250
16 745
-
-
total
28 777
58 411
-
-
Dividends
68 275
138 588
-
-
withholding
23 896
48 506
-
-
total
23 896
48 506
-
-
Income
197 000
197 000
197 000
197 000
Total tax
74 210
106 917
47 482
39 182
After tax
122 790
90 083
149 518
157 818
Living cost
76 443
76 443
76 443
76 443
Free-cash
46 347
13 640
73 075
81 375

Estimated living cost  is ₽76443 per week

₽49710
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6860
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽938
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18935
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽53042
₽53716
₽69142
₽79244
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
197 000
trade
-
-
-
26 202
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.

-
-
-
6 497
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.

-
-
-
3 528
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.

-
-
-
64 163
total
-
-
-
100 390
Employee

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

57 157
-
197 000
-
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.

370
-
3 528
-
income

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

6 721
-
64 163
-
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.

6 497
-
6 497
-
total
13 588
-
74 188
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
139 843
197 000
-
-
trade
23 982
33 786
-
-
income
20 977
29 550
-
-
chamber of commerce
341
422
-
-
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.

1 153
1 626
-
-
total
46 453
65 384
-
-
Dividends
93 389
131 615
-
-
withholding
22 986
32 542
-
-
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.

1 263
1 790
-
-
total
24 249
34 332
-
-
Income
197 000
197 000
197 000
197 000
Total tax
84 290
99 716
74 188
100 390
After tax
112 710
97 284
122 812
96 610
Living cost
43 568
43 568
43 568
43 568
Free-cash
69 142
53 716
79 244
53 042

Estimated living cost  is ₽43568 per week

₽31821
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3485
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽567
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7698
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76732
₽66749
₽72367
₽72035
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
197 000
pensions
-
-
-
32 319
health
-
-
-
9 250
surtax
-
-
-
-
other
-
-
-
6 107
social contributions
-
-
-
5 613
income
-
-
-
34 440
total
-
-
-
87 729
Employee
40 704
-
151 006
-
social contributions
1 160
-
4 303
-
surtax
-
-
-
-
pensions
4 602
-
11 107
-
income
2 402
-
31 022
-
total
8 164
-
46 432
-
Employer
40 704
-
151 006
-
pensions
6 687
-
18 588
-
social contributions
123
-
453
-
other
1 404
-
6 148
-
unemployment
1 648
-
6 116
-
health
2 850
-
14 689
-
total
12 712
-
45 994
-
Corporate
143 585
197 000
-
-
income
40 204
55 160
-
-
surtax
-
-
-
-
total
40 204
55 160
-
-
Dividends
103 381
141 840
-
-
withholding
13 233
18 156
-
-
surtax
-
-
-
-
social contributions
17 781
24 396
-
-
total
31 014
42 552
-
-
Income
197 000
197 000
197 000
197 000
Total tax
92 094
97 712
92 426
87 729
After tax
104 906
99 288
104 574
109 271
Living cost
32 539
32 539
32 539
32 539
Free-cash
72 367
66 749
72 035
76 732

Estimated living cost  is ₽32539 per week

₽20517
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2646
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽554
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8824
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79956
₽69973
₽75256
₽75259
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
197 000
pensions
-
-
-
32 319
health
-
-
-
9 250
surtax
-
-
-
-
other
-
-
-
6 107
social contributions
-
-
-
5 613
income
-
-
-
34 440
total
-
-
-
87 729
Employee
36 334
-
151 006
-
social contributions
1 036
-
4 303
-
surtax
-
-
-
-
pensions
4 110
-
11 107
-
income
1 873
-
31 022
-
total
7 019
-
46 432
-
Employer
36 334
-
151 006
-
pensions
5 970
-
18 588
-
social contributions
108
-
453
-
other
1 254
-
6 148
-
unemployment
1 471
-
6 116
-
health
2 543
-
14 689
-
total
11 346
-
45 994
-
Corporate
149 319
197 000
-
-
income
41 810
55 160
-
-
surtax
-
-
-
-
total
41 810
55 160
-
-
Dividends
107 509
141 840
-
-
withholding
13 762
18 156
-
-
surtax
-
-
-
-
social contributions
18 492
24 396
-
-
total
32 254
42 552
-
-
Income
197 000
197 000
197 000
197 000
Total tax
92 429
97 712
92 426
87 729
After tax
104 571
99 288
104 574
109 271
Living cost
29 315
29 315
29 315
29 315
Free-cash
75 256
69 973
75 259
79 956

Estimated living cost  is ₽29315 per week

₽17001
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2978
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8780
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽106346
₽100020
₽100514
₽101417
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
197 000
health
-
-
-
13 751
social contributions
-
-
-
27 186
income
-
-
-
29 550
total
-
-
-
70 487
Employee
32 246
-
197 000
-
social contributions
4 451
-
27 186
-
income
5 378
-
34 479
-
health
2 251
-
13 751
-
total
12 080
-
75 416
-
Employer
32 246
-
197 000
-
total
-
-
-
-
Corporate
164 754
197 000
-
-
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%.

8 237
9 851
-
-
total
8 237
9 851
-
-
Dividends
156 516
187 149
-
-
withholding
23 477
28 072
-
-
social contributions
21 600
25 827
-
-
health
10 925
13 063
-
-
total
56 002
66 962
-
-
Income
197 000
197 000
197 000
197 000
Total tax
76 319
76 813
75 416
70 487
After tax
120 681
120 187
121 584
126 513
Living cost
20 167
20 167
20 167
20 167
Free-cash
100 514
100 020
101 417
106 346

Estimated living cost  is ₽20167 per week

₽13496
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1244
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽464
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4961
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67677
₽75206
₽73732
₽18312
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
197 000
pensions
-
-
-
20 555
health
-
-
-
8 499
surtax
-
-
-
188
unemployment
-
-
-
5 833
income
-
-
-
59 947
chamber of commerce
-
-
-
789
total
-
-
-
95 811
Employee
47 529
37 901
161 182
-
pensions
4 868
3 880
11 378
-
other
475
379
1 112
-
unemployment
1 426
1 137
3 333
-
income
5 411
2 796
49 842
-
health
1 839
1 467
4 299
-
total
14 019
9 659
69 964
-
Employer
47 529
37 901
161 182
-
payroll
1 426
1 137
4 835
-
chamber of commerce
190
152
644
-
pensions
5 965
4 757
13 944
-
surtax
188
188
188
-
other
2 258
1 799
7 230
-
unemployment
1 426
1 137
3 333
-
accident
617
493
1 444
-
health
1 796
1 433
4 200
-
total
13 866
11 096
35 818
-
Corporate
135 606
148 003
157 572
-
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.

33 902
37 000
39 394
-
total
33 902
37 000
39 394
-
Dividends
101 704
111 003
-
-
withholding
27 969
30 527
-
-
total
27 969
30 527
-
-
Income
197 000
197 000
197 000
197 000
Total tax
89 756
88 282
145 176
95 811
After tax
107 244
108 718
51 824
101 189
Living cost
33 512
33 512
33 512
33 512
Free-cash
73 732
75 206
18 312
67 677

Estimated living cost  is ₽33512 per week

₽22351
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2859
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.
₽7752
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50921
₽74376
₽61173
₽33042
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
197 000
social contributions
-
-
-
23 711
communal

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

-
-
-
10 397
national
-
-
-
77 294
total
-
-
-
111 402
Employee

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

68 030
-
152 580
-
national
20 915
-
56 967
-
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.

5 102
-
11 444
-
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.

592
-
1 328
-
communal

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

3 548
-
7 957
-
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.

3 196
-
7 171
-
total
33 353
-
84 867
-
Employer

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

68 030
-
152 580
-
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.

6 028
-
13 518
-
surtax
7 714
-
17 301
-
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.

993
-
2 227
-
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.

884
-
1 983
-
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.

4 184
-
9 385
-
total
19 803
-
44 414
-
Corporate
109 168
197 000
-
-
income
21 833
40 886
-
-
surtax
437
818
-
-
total
22 270
41 704
-
-
Dividends
86 899
155 296
-
-
withholding

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

25 724
46 243
-
-
total
25 724
46 243
-
-
Income
197 000
197 000
197 000
197 000
Total tax
101 150
87 947
129 281
111 402
After tax
95 850
109 053
67 719
85 598
Living cost
34 677
34 677
34 677
34 677
Free-cash
61 173
74 376
33 042
50 921

Estimated living cost  is ₽34677 per week

₽22336
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3032
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽543
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8766
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75880
₽96612
₽90095
₽71888
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
197 000
pensions
-
-
-
24 946
other
-
-
-
88
unemployment
-
-
-
617
accident
-
-
-
794
income
-
-
-
60 328
total
-
-
-
86 773
Employee
47 341
-
168 897
-
pensions
2 225
-
4 144
-
other
47
-
88
-
unemployment
735
-
1 366
-
income
9 989
-
57 064
-
total
12 996
-
62 662
-
Employer
47 341
-
168 897
-
pensions
11 172
-
20 804
-
other
377
-
706
-
unemployment
2 604
-
4 848
-
accident
937
-
1 745
-
total
15 090
-
28 103
-
Corporate
134 569
197 000
-
-
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.

20 185
29 550
-
-
total
20 185
29 550
-
-
Dividends
114 384
167 450
-
-
withholding
24 287
36 491
-
-
total
24 287
36 491
-
-
Income
197 000
197 000
197 000
197 000
Total tax
72 558
66 041
90 765
86 773
After tax
124 442
130 959
106 235
110 227
Living cost
34 347
34 347
34 347
34 347
Free-cash
90 095
96 612
71 888
75 880

Estimated living cost  is ₽34347 per week

₽25293
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2436
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6122
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42416
₽61232
₽48285
₽50269
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
197 000
pensions
-
-
-
29 528
health
-
-
-
13 841
surtax
-
-
-
9 766
accident
-
-
-
1 660
communal
-
-
-
12 450
income
-
-
-
35 655
total
-
-
-
102 900
Employee
72 023
-
175 970
-
surtax
4 415
-
10 784
-
pensions
5 761
-
14 077
-
income
6 957
-
41 326
-
health
3 205
-
7 831
-
total
20 338
-
74 018
-
Employer
72 023
-
175 970
-
pensions
5 761
-
14 077
-
accident
648
-
1 585
-
health
2 196
-
5 367
-
total
8 605
-
21 029
-
Corporate
116 372
197 000
-
-
communal
7 855
13 298
-
-
income
17 456
29 550
-
-
surtax
1 222
2 068
-
-
total
26 533
44 916
-
-
Dividends
89 840
152 084
-
-
withholding
13 476
22 813
-
-
income
28 079
16 355
-
-
total
41 555
39 168
-
-
Income
197 000
197 000
197 000
197 000
Total tax
97 031
84 084
95 047
102 900
After tax
99 969
112 916
101 953
94 100
Living cost
51 684
51 684
51 684
51 684
Free-cash
48 285
61 232
50 269
42 416

Estimated living cost  is ₽51684 per week

₽38771
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3131
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9233
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71473
₽102551
₽99526
₽65658
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
197 000
pensions
-
-
-
25 386
health
-
-
-
9 011
surtax
-
-
-
9 834
other
-
-
-
-
unemployment
-
-
-
217
income
-
-
-
59 717
total
-
-
-
104 165
Employee
32 028
-
170 282
-
surtax
114
-
8 696
-
pensions
2 137
-
8 466
-
other
-
-
-
-
unemployment
2 229
-
8 835
-
income
5 369
-
54 029
-
health
818
-
3 236
-
total
10 667
-
83 262
-
Employer
32 028
-
170 282
-
pensions
4 270
-
16 920
-
other
-
-
-
-
unemployment
1 016
-
4 023
-
health
1 456
-
5 775
-
total
6 742
-
26 718
-
Corporate
158 229
197 000
-
-
income
41 139
51 220
-
-
total
41 139
51 220
-
-
Dividends
117 090
145 780
-
-
withholding
17 564
21 867
-
-
total
17 564
21 867
-
-
Income
197 000
197 000
197 000
197 000
Total tax
76 112
73 087
109 980
104 165
After tax
120 888
123 913
87 020
92 835
Living cost
21 362
21 362
21 362
21 362
Free-cash
99 526
102 551
65 658
71 473

Estimated living cost  is ₽21362 per week

₽12897
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1857
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6113
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67638
₽77928
₽75817
₽59603
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
197 000
municipal
-
-
-
1 195
regional
-
-
-
3 033
social contributions
-
-
-
47 600
national
-
-
-
51 915
total
-
-
-
103 743
Employee
52 756
-
197 000
-
social contributions
17 790
-
62 405
-
municipal
280
-
1 077
-
regional
710
-
2 732
-
national
8 358
-
45 564
-
total
27 138
-
111 778
-
Employer
52 756
-
197 000
-
total
-
-
-
-
Corporate
144 244
197 000
-
-
nationa
34 618
47 281
-
-
municipal
7 169
9 791
-
-
total
41 787
57 072
-
-
Dividends
102 457
139 928
-
-
withholding
26 639
36 381
-
-
total
26 639
36 381
-
-
Income
197 000
197 000
197 000
197 000
Total tax
95 564
93 453
111 778
103 743
After tax
101 436
103 547
85 222
93 257
Living cost
25 619
25 619
25 619
25 619
Free-cash
75 817
77 928
59 603
67 638

Estimated living cost  is ₽25619 per week

₽15933
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2595
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽439
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6653
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85412
₽106508
₽96116
₽77038
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
197 000
health
-
-
-
26 595
social contributions
-
-
-
34 013
solidarity contribution
-
-
-
1 394
income
-
-
-
20 459
total
-
-
-
82 461
Employee
42 834
-
154 018
-
social contributions
2 784
-
7 571
-
income
5 140
-
18 848
-
solidarity contribution
-
-
642
-
health
5 783
-
20 792
-
total
13 707
-
47 853
-
Employer
42 834
-
154 018
-
social contributions
10 708
-
29 120
-
health
3 855
-
13 862
-
total
14 563
-
42 982
-
Corporate
139 603
197 000
-
-
income
26 525
37 430
-
-
total
26 525
37 430
-
-
Dividends
113 078
159 570
-
-
withholding
16 962
23 935
-
-
total
16 962
23 935
-
-
Income
197 000
197 000
197 000
197 000
Total tax
71 757
61 365
90 835
82 461
After tax
125 243
135 635
106 165
114 539
Living cost
29 127
29 127
29 127
29 127
Free-cash
96 116
106 508
77 038
85 412

Estimated living cost  is ₽29127 per week

₽21661
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1614
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽504
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5349
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71035
₽78480
₽78008
₽21530
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
197 000
pensions
-
-
-
20 555
health
-
-
-
8 499
surtax
-
-
-
-
unemployment
-
-
-
5 833
income
-
-
-
59 947
chamber of commerce
-
-
-
789
total
-
-
-
95 623
Employee
41 573
37 901
161 355
-
pensions
4 258
3 880
11 378
-
other
415
379
1 112
-
unemployment
1 247
1 137
3 333
-
income
3 703
2 796
49 925
-
health
1 608
1 467
4 299
-
total
11 231
9 659
70 047
-
Employer
41 573
37 901
161 355
-
payroll
1 247
1 137
4 840
-
chamber of commerce
166
152
646
-
pensions
5 218
4 757
13 944
-
surtax
-
-
-
-
other
1 974
1 799
7 237
-
unemployment
1 247
1 137
3 333
-
accident
540
493
1 444
-
health
1 572
1 433
4 200
-
total
11 964
10 908
35 644
-
Corporate
143 463
148 191
157 745
-
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.

35 865
37 047
39 437
-
total
35 865
37 047
39 437
-
Dividends
107 597
111 143
-
-
withholding
29 590
30 564
-
-
total
29 590
30 564
-
-
Income
197 000
197 000
197 000
197 000
Total tax
88 650
88 178
145 128
95 623
After tax
108 350
108 822
51 872
101 377
Living cost
30 342
30 342
30 342
30 342
Free-cash
78 008
78 480
21 530
71 035

Estimated living cost  is ₽30342 per week

₽18201
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3099
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽541
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8501
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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
₽182907
₽175027
₽172753
₽145477
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
197 000
microenterprise

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

-
-
-
1 970
total
-
-
-
1 970
Employee
15 153
-
197 000
-
income
3 031
-
39 400
-
total
3 031
-
39 400
-
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%.

181 847
197 000
-
-
total
-
-
-
-
Dividends
181 847
197 000
-
-
withholding
9 093
9 850
-
-
total
9 093
9 850
-
-
Income
197 000
197 000
197 000
197 000
Total tax
12 124
9 850
39 400
1 970
After tax
184 876
187 150
157 600
195 030
Living cost
12 123
12 123
12 123
12 123
Free-cash
172 753
175 027
145 477
182 907

Estimated living cost  is ₽12123 per week

₽8203
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽509
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽407
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3003
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67741
₽110126
₽102171
₽63464
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
197 000
pensions
-
-
-
35 977
health
-
-
-
19 385
unemployment
-
-
-
296
income
-
-
-
48 092
total
-
-
-
103 750
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.

42 056
-
170 458
-
pensions
6 519
-
26 421
-
unemployment
60
-
238
-
income
7 252
-
43 816
-
health
2 716
-
11 011
-
total
16 547
-
81 486
-
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.

42 056
-
170 458
-
pensions
3 722
-
15 086
-
unemployment
25
-
103
-
health
2 801
-
11 352
-
total
6 548
-
26 541
-
Corporate
148 396
197 000
-
-
income
28 195
37 430
-
-
total
28 195
37 430
-
-
Dividends
120 202
159 570
-
-
withholding
18 030
23 935
-
-
total
18 030
23 935
-
-
Income
197 000
197 000
197 000
197 000
Total tax
69 320
61 365
108 027
103 750
After tax
127 680
135 635
88 973
93 250
Living cost
25 509
25 509
25 509
25 509
Free-cash
102 171
110 126
63 464
67 741

Estimated living cost  is ₽25509 per week

₽17507
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1635
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5875
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94708
₽78420
₽32742
₽142932
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
197 000
social contributions
-
-
-
22 458
income
-
-
-
38 399
total
-
-
-
60 857
Employee
59 412
-
-
-
social contributions
4 872
-
694
-
income
13 105
-
-
-
total
17 977
-
694
-
Employer
59 412
-
-
-
social contributions
83 771
-
11 939
-
total
83 771
-
11 939
-
Corporate
53 817
197 000
-
-
income
11 840
43 340
-
-
total
11 840
43 340
-
-
Dividends
41 977
153 660
-
-
income
9 235
33 805
-
-
total
9 235
33 805
-
-
Income
197 000
197 000
197 000
197 000
Total tax
122 823
77 145
12 633
60 857
After tax
74 177
119 855
184 367
136 143
Living cost
41 435
41 435
41 435
41 435
Free-cash
32 742
78 420
142 932
94 708

Estimated living cost  is ₽41435 per week

₽26885
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3897
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10125
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73779
₽82221
₽81265
₽58845
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
197 000
surtax
-
-
-
-
social contributions

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

-
-
-
68 458
income
-
-
-
24 931
total
-
-
-
93 389
Employee
43 741
-
159 191
-
social contributions
4 812
-
17 510
-
surtax
-
-
-
-
income
9 098
-
53 006
-
total
13 910
-
70 516
-
Employer
43 741
-
159 191
-
social contributions
10 388
-
37 807
-
total
10 388
-
37 807
-
Corporate
142 870
197 000
-
-
income
30 003
41 370
-
-
surtax
-
-
-
-
total
30 003
41 370
-
-
Dividends
112 867
155 630
-
-
withholding
31 602
43 577
-
-
total
31 602
43 577
-
-
Income
197 000
197 000
197 000
197 000
Total tax
85 903
84 947
108 323
93 389
After tax
111 097
112 053
88 677
103 611
Living cost
29 832
29 832
29 832
29 832
Free-cash
81 265
82 221
58 845
73 779

Estimated living cost  is ₽29832 per week

₽22320
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1760
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽498
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5254
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63336
₽53353
₽59891
₽58639
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
197 000
pensions
-
-
-
32 319
health
-
-
-
9 250
surtax
-
-
-
-
other
-
-
-
6 107
social contributions
-
-
-
5 613
income
-
-
-
34 440
total
-
-
-
87 729
Employee
59 566
-
151 006
-
social contributions
1 697
-
4 303
-
surtax
-
-
-
-
pensions
6 737
-
11 107
-
income
5 197
-
31 022
-
total
13 631
-
46 432
-
Employer
59 566
-
151 006
-
pensions
9 787
-
18 588
-
social contributions
179
-
453
-
other
2 056
-
6 148
-
unemployment
2 413
-
6 116
-
health
4 169
-
14 689
-
total
18 604
-
45 994
-
Corporate
118 830
197 000
-
-
income
33 272
55 160
-
-
surtax
-
-
-
-
total
33 272
55 160
-
-
Dividends
85 558
141 840
-
-
withholding
10 952
18 156
-
-
surtax
-
-
-
-
social contributions
14 715
24 396
-
-
total
25 667
42 552
-
-
Income
197 000
197 000
197 000
197 000
Total tax
91 174
97 712
92 426
87 729
After tax
105 826
99 288
104 574
109 271
Living cost
45 935
45 935
45 935
45 935
Free-cash
59 891
53 353
58 639
63 336

Estimated living cost  is ₽45935 per week

₽31088
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3758
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽630
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10459
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽115482
₽148713
₽145517
₽120716
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
197 000
social contributions
-
-
-
43 339
income
-
-
-
9 591
total
-
-
-
52 930
Employee
30 575
-
170 563
-
social contributions
1 987
-
11 087
-
income
-
-
10 172
-
total
1 987
-
21 259
-
Employer
30 575
-
170 563
-
social contributions
4 739
-
26 437
-
total
4 739
-
26 437
-
Corporate
161 685
197 000
-
-
income
16 169
19 699
-
-
total
16 169
19 699
-
-
Dividends
145 516
177 301
-
-
total
-
-
-
-
Income
197 000
197 000
197 000
197 000
Total tax
22 895
19 699
47 696
52 930
After tax
174 105
177 301
149 304
144 070
Living cost
28 588
28 588
28 588
28 588
Free-cash
145 517
148 713
120 716
115 482

Estimated living cost  is ₽28588 per week

₽18485
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2155
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽538
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7411
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68732
-₽9917
-₽9917
-₽9917
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
197 000
municipal
-
-
-
41 919
pensions
-
-
-
823
labour market
-
-
-
15 694
national
-
-
-
24 095
total
-
-
-
82 531
Employee
193 047
193 047
193 047
-
municipal
41 108
41 108
41 108
-
national
23 584
23 584
23 584
-
pensions
274
274
274
-
labour market
15 422
15 422
15 422
-
total
80 388
80 388
80 388
-
Employer
193 047
193 047
193 047
-
labour market
15 444
15 444
15 444
-
pensions
549
549
549
-
municipal
41 174
41 174
41 174
-
national
23 625
23 625
23 625
-
total
80 792
80 792
80 792
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
197 000
197 000
197 000
197 000
Total tax
161 180
161 180
161 180
82 531
After tax
35 820
35 820
35 820
114 469
Living cost
45 737
45 737
45 737
45 737
Free-cash
-9 917
-9 917
-9 917
68 732

Estimated living cost  is ₽45737 per week

₽31303
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4046
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽703
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9685
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽113648
-₽4968
₽12746
₽87029
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
197 000
pensions
-
-
-
4 017
health
-
-
-
2 105
other
-
-
-
358
accident
-
-
-
244
income
-
-
-
55 703
total
-
-
-
62 427
Employee
32 916
-
178 990
-
pensions
3 707
-
7 365
-
income
4 516
-
43 177
-
health
3 769
-
20 494
-
total
11 992
-
71 036
-
Employer
32 916
-
178 990
-
pensions
5 352
-
10 636
-
unemployment
807
-
4 385
-
accident
550
-
2 989
-
total
6 709
-
18 010
-
Corporate
157 375
197 000
-
-
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.

141 638
177 300
-
-
total
141 638
177 300
-
-
Dividends
15 738
19 700
-
-
withholding
2 990
3 743
-
-
total
2 990
3 743
-
-
Income
197 000
197 000
197 000
197 000
Total tax
163 329
181 043
89 046
62 427
After tax
33 671
15 957
107 954
134 573
Living cost
20 925
20 925
20 925
20 925
Free-cash
12 746
-4 968
87 029
113 648

Estimated living cost  is ₽20925 per week

₽15231
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1193
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽393
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4108
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86266
₽85099
₽88036
₽63702
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
197 000
municipal
-
-
-
34 986
health
-
-
-
2 637
national
-
-
-
36 597
total
-
-
-
74 220
Employee
50 037
-
165 726
-
municipal
8 196
-
26 982
-
national
827
-
22 703
-
pensions
3 377
-
11 186
-
unemployment
751
-
2 485
-
health
374
-
2 155
-
total
13 525
-
65 511
-
Employer
50 037
-
165 726
-
pensions
8 681
-
28 754
-
unemployment
325
-
1 077
-
accident
51
-
166
-
health
384
-
1 276
-
total
9 441
-
31 273
-
Corporate
137 522
197 000
-
-
income
27 505
39 401
-
-
total
27 505
39 401
-
-
Dividends

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

82 513
118 199
-
-
municipal
14 852
21 275
-
-
national
7 127
14 711
-
-
total
21 979
35 986
-
-
Income
197 000
197 000
197 000
197 000
Total tax
72 450
75 387
96 784
74 220
After tax
124 550
121 613
100 216
122 780
Living cost
36 514
36 514
36 514
36 514
Free-cash
88 036
85 099
63 702
86 266

Estimated living cost  is ₽36514 per week

₽23851
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3512
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽581
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8571
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽111154
₽121595
₽116421
₽109501
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
197 000
health
-
-
-
5 023
social contributions
-
-
-
15 388
income
-
-
-
43 415
total
-
-
-
63 826
Employee
73 132
73 132
185 384
-
social contributions
2 765
6 070
8 187
-
income
7 963
6 770
42 525
-
health
567
1 244
3 151
-
total
11 295
14 084
53 863
-
Employer
73 132
73 132
185 384
-
social contributions
2 765
6 070
8 187
-
health
615
1 354
3 429
-
total
3 380
7 424
11 616
-
Corporate
160 306
116 445
-
-
income
20 039
14 556
-
-
total
20 039
14 556
-
-
Dividends
140 267
101 889
-
-
withholding
23 845
17 321
-
-
total
23 845
17 321
-
-
Income
197 000
197 000
197 000
197 000
Total tax
58 559
53 385
65 479
63 826
After tax
138 441
143 615
131 521
133 174
Living cost
22 020
22 020
22 020
22 020
Free-cash
116 421
121 595
109 501
111 154

Estimated living cost  is ₽22020 per week

₽13197
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2160
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽487
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6176
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Larnaca model

Close
Podgorica , Montenegro
₽152095
₽148035
₽143199
₽133020
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
197 000
pensions
-
-
-
6 050
health
-
-
-
3 442
unemployment
-
-
-
27
income
-
-
-
20 286
total
-
-
-
29 805
Employee

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

21 830
-
187 705
-
pensions
3 274
-
13 536
-
unemployment
108
-
451
-
income
1 493
-
17 929
-
health
1 855
-
7 670
-
total
6 730
-
39 586
-
Employer

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

21 830
-
187 705
-
pensions
1 200
-
4 963
-
unemployment
108
-
451
-
health
938
-
3 880
-
total
2 246
-
9 294
-
Corporate
172 923
197 000
-
-
income
15 563
17 730
-
-
total
15 563
17 730
-
-
Dividends
157 360
179 270
-
-
withholding
14 162
16 135
-
-
total
14 162
16 135
-
-
Income
197 000
197 000
197 000
197 000
Total tax
38 701
33 865
48 880
29 805
After tax
158 299
163 135
148 120
167 195
Living cost
15 100
15 100
15 100
15 100
Free-cash
143 199
148 035
133 020
152 095

Estimated living cost  is ₽15100 per week

₽9634
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1088
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3927
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84074
₽104806
₽100603
₽80082
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
197 000
pensions
-
-
-
24 946
other
-
-
-
88
unemployment
-
-
-
617
accident
-
-
-
794
income
-
-
-
60 328
total
-
-
-
86 773
Employee
35 166
-
168 897
-
pensions
1 653
-
4 144
-
other
34
-
88
-
unemployment
545
-
1 366
-
income
6 780
-
57 064
-
total
9 012
-
62 662
-
Employer
35 166
-
168 897
-
pensions
8 299
-
20 804
-
other
282
-
706
-
unemployment
1 935
-
4 848
-
accident
697
-
1 745
-
total
11 213
-
28 103
-
Corporate
150 622
197 000
-
-
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.

22 593
29 550
-
-
total
22 593
29 550
-
-
Dividends
128 030
167 450
-
-
withholding
27 426
36 491
-
-
total
27 426
36 491
-
-
Income
197 000
197 000
197 000
197 000
Total tax
70 244
66 041
90 765
86 773
After tax
126 756
130 959
106 235
110 227
Living cost
26 153
26 153
26 153
26 153
Free-cash
100 603
104 806
80 082
84 074

Estimated living cost  is ₽26153 per week

₽17653
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2514
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5528
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽125108
₽121074
₽120771
₽124976
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
197 000
pensions
-
-
-
1 352
health
-
-
-
980
income
-
-
-
67 706
total
-
-
-
70 038
Employee
2 823
-
195 479
-
pensions
254
-
608
-
unemployment
28
-
68
-
income
546
-
67 635
-
health
141
-
338
-
total
969
-
68 649
-
Employer
2 823
-
195 479
-
pensions
311
-
744
-
unemployment
56
-
135
-
health
268
-
642
-
total
635
-
1 521
-
Corporate
193 541
197 000
-
-
income
42 579
43 340
-
-
total
42 579
43 340
-
-
Dividends
150 962
153 660
-
-
withholding
30 192
30 732
-
-
total
30 192
30 732
-
-
Income
197 000
197 000
197 000
197 000
Total tax
74 375
74 072
70 170
70 038
After tax
122 625
122 928
126 830
126 962
Living cost
1 854
1 854
1 854
1 854
Free-cash
120 771
121 074
124 976
125 108

Estimated living cost  is ₽1854 per week

₽1102
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽150
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽42
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽559
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽108731
₽125895
₽121219
₽108730
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
197 000
pensions
-
-
-
18 263
health
-
-
-
7 235
unemployment
-
-
-
1 054
income
-
-
-
45 280
total
-
-
-
71 832
Employee

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

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

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

24 786
-
184 427
-
pensions
3 470
-
9 834
-
unemployment
186
-
527
-
income
3 417
-
45 280
-
health
1 276
-
3 618
-
total
8 349
-
59 259
-
Employer

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

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

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

24 786
-
184 427
-
pensions
2 974
-
8 429
-
unemployment
186
-
527
-
health
1 276
-
3 618
-
total
4 436
-
12 574
-
Corporate
167 777
197 000
-
-
income
25 167
29 550
-
-
total
25 167
29 550
-
-
Dividends
142 610
167 450
-
-
withholding
21 392
25 118
-
-
total
21 392
25 118
-
-
Income
197 000
197 000
197 000
197 000
Total tax
59 344
54 668
71 833
71 832
After tax
137 656
142 332
125 167
125 168
Living cost
16 437
16 437
16 437
16 437
Free-cash
121 219
125 895
108 730
108 731

Estimated living cost  is ₽16437 per week

₽11067
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1271
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽476
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3623
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77971
₽86413
₽86072
₽63037
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
197 000
surtax
-
-
-
-
social contributions

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

-
-
-
68 458
income
-
-
-
24 931
total
-
-
-
93 389
Employee
36 913
-
159 191
-
social contributions
4 061
-
17 510
-
surtax
-
-
-
-
income
7 212
-
53 006
-
total
11 273
-
70 516
-
Employer
36 913
-
159 191
-
social contributions
8 766
-
37 807
-
total
8 766
-
37 807
-
Corporate
151 321
197 000
-
-
income
31 777
41 370
-
-
surtax
-
-
-
-
total
31 777
41 370
-
-
Dividends
119 544
155 630
-
-
withholding
33 472
43 577
-
-
total
33 472
43 577
-
-
Income
197 000
197 000
197 000
197 000
Total tax
85 288
84 947
108 323
93 389
After tax
111 712
112 053
88 677
103 611
Living cost
25 640
25 640
25 640
25 640
Free-cash
86 072
86 413
63 037
77 971

Estimated living cost  is ₽25640 per week

₽18160
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1781
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5245
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76803
₽97535
₽91310
₽72811
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
197 000
pensions
-
-
-
24 946
other
-
-
-
88
unemployment
-
-
-
617
accident
-
-
-
794
income
-
-
-
60 328
total
-
-
-
86 773
Employee
45 932
-
168 897
-
pensions
2 159
-
4 144
-
other
45
-
88
-
unemployment
711
-
1 366
-
income
9 593
-
57 064
-
total
12 508
-
62 662
-
Employer
45 932
-
168 897
-
pensions
10 840
-
20 804
-
other
368
-
706
-
unemployment
2 527
-
4 848
-
accident
910
-
1 745
-
total
14 645
-
28 103
-
Corporate
136 424
197 000
-
-
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.

20 463
29 550
-
-
total
20 463
29 550
-
-
Dividends
115 961
167 450
-
-
withholding
24 650
36 491
-
-
total
24 650
36 491
-
-
Income
197 000
197 000
197 000
197 000
Total tax
72 266
66 041
90 765
86 773
After tax
124 734
130 959
106 235
110 227
Living cost
33 424
33 424
33 424
33 424
Free-cash
91 310
97 535
72 811
76 803

Estimated living cost  is ₽33424 per week

₽24004
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2599
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.
₽6351
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽142220
₽152074
₽146278
₽150264
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
197 000
pensions

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

-
-
-
4 917
health
-
-
-
3 820
unemployment
-
-
-
133
income
-
-
-
29 550
total
-
-
-
38 420
Employee
21 664
-
190 482
-
accident

We are using the highest rate at 1.1%.

238
-
365
-
pensions

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

1 902
-
2 917
-
income
2 167
-
19 048
-
health
997
-
1 528
-
total
5 304
-
23 858
-
Employer
21 664
-
190 482
-
pensions

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

2 387
-
3 661
-
unemployment
130
-
199
-
accident

We are using the highest rate at 1.1%.

238
-
365
-
health
1 495
-
2 292
-
total
4 250
-
6 517
-
Corporate
171 086
197 000
-
-
income
17 109
19 700
-
-
total
17 109
19 700
-
-
Dividends
153 977
177 300
-
-
withholding
7 699
8 865
-
-
total
7 699
8 865
-
-
Income
197 000
197 000
197 000
197 000
Total tax
34 362
28 565
30 375
38 420
After tax
162 638
168 435
166 625
158 580
Living cost
16 361
16 361
16 361
16 361
Free-cash
146 278
152 074
150 264
142 220

Estimated living cost  is ₽16361 per week

₽10821
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽937
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽390
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4213
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64169
₽64618
₽77063
₽86094
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
197 000
trade
-
-
-
21 925
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.

-
-
-
6 497
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.

-
-
-
3 528
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.

-
-
-
64 163
total
-
-
-
96 113
Employee

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

47 321
-
197 000
-
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.

215
-
3 528
-
income

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

3 891
-
64 163
-
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.

6 497
-
6 497
-
total
10 603
-
74 188
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
149 679
197 000
-
-
trade
21 479
28 269
-
-
income
22 452
29 550
-
-
chamber of commerce
365
433
-
-
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.

1 234
1 626
-
-
total
45 530
59 878
-
-
Dividends
104 149
137 122
-
-
withholding
25 675
33 920
-
-
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.

1 411
1 866
-
-
total
27 086
35 786
-
-
Income
197 000
197 000
197 000
197 000
Total tax
83 219
95 664
74 188
96 113
After tax
113 781
101 336
122 812
100 887
Living cost
36 718
36 718
36 718
36 718
Free-cash
77 063
64 618
86 094
64 169

Estimated living cost  is ₽36718 per week

₽25329
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3951
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽532
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6905
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46195
₽83724
₽85823
₽46195
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
197 000
social contributions
-
-
-
33 549
income
-
-
-
63 080
total
-
-
-
96 629
Employee
74 394
-
197 000
-
social contributions
6 181
-
33 549
-
income
14 038
-
63 080
-
total
20 219
-
96 629
-
Employer
74 394
-
197 000
-
total
-
-
-
-
Corporate
122 606
197 000
-
-
income
15 326
24 625
-
-
total
15 326
24 625
-
-
Dividends
107 280
172 375
-
-
withholding
21 456
34 475
-
-
total
21 456
34 475
-
-
Income
197 000
197 000
197 000
197 000
Total tax
57 001
59 100
96 629
96 629
After tax
139 999
137 900
100 371
100 371
Living cost
54 176
54 176
54 176
54 176
Free-cash
85 823
83 724
46 195
46 195

Estimated living cost  is ₽54176 per week

₽41216
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4415
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽518
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8028
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽127086
₽88500
₽91825
₽103747
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
197 000
health

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

-
-
-
5 840
income
-
-
-
29 550
total
-
-
-
35 390
Employee
43 629
-
192 625
-
social contributions
4 371
-
4 375
-
income
4 734
-
49 979
-
total
9 105
-
54 354
-
Employer
43 629
-
192 625
-
social contributions
4 371
-
4 375
-
total
4 371
-
4 375
-
Corporate
149 000
197 000
-
-
income
52 150
68 951
-
-
total
52 150
68 951
-
-
Dividends
96 850
128 049
-
-
social contributions
5 025
5 025
-
-
total
5 025
5 025
-
-
Income
197 000
197 000
197 000
197 000
Total tax
70 651
73 976
58 729
35 390
After tax
126 349
123 024
138 271
161 610
Living cost
34 524
34 524
34 524
34 524
Free-cash
91 825
88 500
103 747
127 086

Estimated living cost  is ₽34524 per week

₽22741
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2722
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.
₽8531
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93265
₽90577
₽96167
₽75607
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
197 000
pensions
-
-
-
9 108
income
-
-
-
59 566
total
-
-
-
68 674
Employee
48 126
-
171 807
-
pensions
3 673
-
10 976
-
income
8 764
-
47 791
-
health
628
-
2 372
-
total
13 065
-
61 139
-
Employer
48 126
-
171 807
-
pensions
4 862
-
21 929
-
health
915
-
3 264
-
total
5 777
-
25 193
-
Corporate
143 097
197 000
-
-
income

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

27 189
37 431
-
-
total
27 189
37 431
-
-
Dividends
115 908
159 569
-
-
withholding
19 741
33 931
-
-
total
19 741
33 931
-
-
Income
197 000
197 000
197 000
197 000
Total tax
65 772
71 362
86 332
68 674
After tax
131 228
125 638
110 668
128 326
Living cost
35 061
35 061
35 061
35 061
Free-cash
96 167
90 577
75 607
93 265

Estimated living cost  is ₽35061 per week

₽24052
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3224
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽439
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7344
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽111576
-₽7040
₽12429
₽84957
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
197 000
pensions
-
-
-
4 017
health
-
-
-
2 105
other
-
-
-
358
accident
-
-
-
244
income
-
-
-
55 703
total
-
-
-
62 427
Employee
36 175
-
178 990
-
pensions
4 073
-
7 365
-
income
4 963
-
43 177
-
health
4 142
-
20 494
-
total
13 178
-
71 036
-
Employer
36 175
-
178 990
-
pensions
5 882
-
10 636
-
unemployment
886
-
4 385
-
accident
604
-
2 989
-
total
7 372
-
18 010
-
Corporate
153 453
197 000
-
-
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.

138 108
177 300
-
-
total
138 108
177 300
-
-
Dividends
15 345
19 700
-
-
withholding
2 916
3 743
-
-
total
2 916
3 743
-
-
Income
197 000
197 000
197 000
197 000
Total tax
161 574
181 043
89 046
62 427
After tax
35 426
15 957
107 954
134 573
Living cost
22 997
22 997
22 997
22 997
Free-cash
12 429
-7 040
84 957
111 576

Estimated living cost  is ₽22997 per week

₽16877
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1340
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4316
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽109470
₽137876
₽135002
₽130356
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
197 000
pensions
-
-
-
27 949
health insurance
-
-
-
11 240
work injury
-
-
-
759
unemployment
-
-
-
1 823
income
-
-
-
32 930
total
-
-
-
74 701
Employee

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

20 527
-
197 000
-
pensions
3 777
-
13 974
-
health insurance
1 519
-
5 620
-
unemployment
246
-
911
-
income
2 053
-
32 930
-
work injury
103
-
380
-
total
7 698
-
53 815
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
176 473
197 000
-
-
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%.

17 647
19 700
-
-
total
17 647
19 700
-
-
Dividends
158 826
177 300
-
-
withholding
23 824
26 595
-
-
total
23 824
26 595
-
-
Income
197 000
197 000
197 000
197 000
Total tax
49 169
46 295
53 815
74 701
After tax
147 831
150 705
143 185
122 299
Living cost
12 829
12 829
12 829
12 829
Free-cash
135 002
137 876
130 356
109 470

Estimated living cost  is ₽12829 per week

₽7948
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽932
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽400
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3549
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53595
₽65877
₽61551
₽45767
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
197 000
municipal
-
-
-
1 345
regional
-
-
-
4 657
social contributions
-
-
-
47 600
national
-
-
-
51 915
total
-
-
-
105 517
Employee
80 142
-
197 000
-
social contributions
27 023
-
62 405
-
municipal
478
-
1 211
-
regional
1 210
-
4 165
-
national
13 543
-
45 564
-
total
42 254
-
113 345
-
Employer
80 142
-
197 000
-
total
-
-
-
-
Corporate
116 858
197 000
-
-
nationa
28 047
47 281
-
-
municipal
5 633
9 495
-
-
total
33 680
56 776
-
-
Dividends
83 179
140 224
-
-
withholding
21 627
36 459
-
-
total
21 627
36 459
-
-
Income
197 000
197 000
197 000
197 000
Total tax
97 561
93 235
113 345
105 517
After tax
99 439
103 765
83 655
91 483
Living cost
37 888
37 888
37 888
37 888
Free-cash
61 551
65 877
45 767
53 595

Estimated living cost  is ₽37888 per week

₽26614
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2606
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽572
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8095
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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