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
₽94004
₽70502
₽69940
₽81026
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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
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.

-
-
-
64 164
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
trade
-
-
-
24 064
total
-
-
-
98 253
Employee

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

36 377
-
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
-
64 164
-
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
-
74 189
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
160 623
197 000
-
-
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
-
-
trade
25 298
31 027
-
-
income
24 093
29 551
-
-
total
51 091
62 632
-
-
Dividends
109 532
134 369
-
-
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
-
-
withholding
27 022
33 231
-
-
total
28 507
35 059
-
-
Income
197 000
197 000
197 000
197 000
Total tax
87 167
97 691
74 189
98 253
After tax
109 833
99 309
122 811
98 747
Living cost
28 807
28 807
28 807
28 807
Free-cash
81 026
70 502
94 004
69 940

Estimated living cost  is ₽28807 per week

₽18121
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
₽64880
₽72626
₽63821
₽71789
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 118
pensions
-
-
-
23 640
national
-
-
-
35 380
municipal
-
-
-
21 739
total
-
-
-
82 877
Employee
77 978
-
170 305
-
municipal
9 632
-
22 501
-
national
14 925
-
37 050
-
pensions
3 119
-
6 812
-
total
27 676
-
66 363
-
Employer
77 978
-
170 305
-
pensions
6 238
-
13 624
-
social contributions
838
-
1 831
-
total
7 076
-
15 455
-
Corporate
106 799
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%.

21 360
39 400
-
-
total
21 360
39 400
-
-
Dividends
85 439
157 600
-
-
withholding
18 797
34 672
-
-
total
18 797
34 672
-
-
Income
197 000
197 000
197 000
197 000
Total tax
74 909
74 072
81 818
82 877
After tax
122 091
122 928
115 182
114 123
Living cost
50 302
50 302
50 302
50 302
Free-cash
71 789
72 626
64 880
63 821

Estimated living cost  is ₽50302 per week

₽34190
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4676
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽753
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10683
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64973
₽137815
₽50725
₽130013
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
36 440
income
-
-
-
39 813
surtax
-
-
-
50 236
microenterprise
-
-
-
-
total
-
-
-
126 489
Employee
27 791
-
152 877
-
surtax
-
-
22 167
-
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
-
income
4 947
-
33 485
-
total
8 004
-
68 120
-
Employer
27 791
-
152 877
-
surtax
-
-
16 816
-
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
-
44 121
-
Corporate
162 515
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
39 399
-
-
total
32 503
39 399
-
-
Dividends

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

130 012
157 601
-
-
total
-
-
-
-
Income
197 000
197 000
197 000
197 000
Total tax
47 201
39 399
112 241
126 489
After tax
149 799
157 601
84 759
70 511
Living cost
19 786
19 786
19 786
19 786
Free-cash
130 013
137 815
64 973
50 725

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
₽86181
₽58130
₽66868
₽52302
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 728
income
-
-
-
67 419
pensions
-
-
-
11 143
total
-
-
-
90 290
Employee
81 217
81 217
179 325
-
income

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

13 294
13 294
30 432
-
pensions
14 619
11 143
11 143
-
health
12 466
10 603
11 728
-
total
40 379
35 040
53 303
-
Employer
81 217
81 217
179 325
-
unemployment
2 924
2 924
3 633
-
health
5 646
5 646
7 015
-
pensions
5 653
5 653
7 026
-
total
14 223
14 223
17 674
-
Corporate
102 557
101 560
-
-
income
20 512
20 312
-
-
total
20 512
20 312
-
-
Dividends
82 045
81 249
-
-
income
17 435
17 265
-
-
withholding
12 307
12 188
-
-
total
29 742
29 453
-
-
Income
197 000
197 000
197 000
197 000
Total tax
104 856
99 028
70 977
90 290
After tax
92 144
97 972
126 023
106 710
Living cost
39 842
39 842
39 842
39 842
Free-cash
52 302
58 130
86 181
66 868

Estimated living cost  is ₽39842 per week

₽28235
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
₽59386
₽68172
₽60343
₽67288
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
10 032
health
-
-
-
5 387
accident
-
-
-
173
pensions
-
-
-
9 332
national
-
-
-
20 970
unemployment
-
-
-
86
municipal
-
-
-
51 287
total
-
-
-
97 267
Employee
56 127
-
169 875
-
municipal
16 737
-
50 657
-
national
-
-
20 442
-
total
16 737
-
71 099
-
Employer
56 127
-
169 875
-
other
6 522
-
10 032
-
unemployment
1 482
-
2 279
-
health
3 452
-
5 309
-
accident
112
-
173
-
pensions
6 067
-
9 332
-
total
17 635
-
27 125
-
Corporate
123 237
197 000
-
-
income
27 112
43 340
-
-
total
27 112
43 340
-
-
Dividends
96 125
153 660
-
-
withholding
28 838
46 098
-
-
total
28 838
46 098
-
-
Income
197 000
197 000
197 000
197 000
Total tax
90 322
89 438
98 224
97 267
After tax
106 678
107 562
98 776
99 733
Living cost
39 390
39 390
39 390
39 390
Free-cash
67 288
68 172
59 386
60 343

Estimated living cost  is ₽39390 per week

₽26106
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3865
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽598
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8821
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85449
₽60935
₽60317
₽74300
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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
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.

-
-
-
64 164
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
trade
-
-
-
25 132
total
-
-
-
99 321
Employee

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

48 231
-
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
-
64 164
-
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
-
74 189
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
148 769
197 000
-
-
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
-
-
trade
24 472
32 406
-
-
income
22 315
29 551
-
-
total
48 370
64 007
-
-
Dividends
100 400
132 993
-
-
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
-
-
withholding
24 739
32 888
-
-
total
26 100
34 696
-
-
Income
197 000
197 000
197 000
197 000
Total tax
85 338
98 703
74 189
99 321
After tax
111 662
98 297
122 811
97 679
Living cost
37 362
37 362
37 362
37 362
Free-cash
74 300
60 935
85 449
60 317

Estimated living cost  is ₽37362 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
₽100673
₽112767
₽102326
₽108824
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 388
health
-
-
-
5 023
income
-
-
-
43 415
total
-
-
-
63 826
Employee
73 133
73 133
185 384
-
social contributions
3 554
6 070
8 187
-
income
7 680
6 770
42 525
-
health
727
1 244
3 151
-
total
11 961
14 084
53 863
-
Employer
73 133
73 133
185 384
-
health
792
1 354
3 429
-
social contributions
3 554
6 070
8 187
-
total
4 346
7 424
11 616
-
Corporate
149 845
116 444
-
-
income
18 731
14 556
-
-
total
18 731
14 556
-
-
Dividends
131 115
101 888
-
-
withholding
22 290
17 321
-
-
total
22 290
17 321
-
-
Income
197 000
197 000
197 000
197 000
Total tax
57 328
53 385
65 479
63 826
After tax
139 672
143 615
131 521
133 174
Living cost
30 848
30 848
30 848
30 848
Free-cash
108 824
112 767
100 673
102 326

Estimated living cost  is ₽30848 per week

₽21088
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
₽96654
₽93059
₽118923
₽93424
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
13 790
income
-
-
-
24 083
pensions
-
-
-
19 700
unemployment
-
-
-
2 955
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.

25 332
10 082
164 854
-
income
3 097
1 232
20 153
-
pensions
2 533
1 008
16 485
-
health
1 773
706
11 540
-
unemployment
380
151
2 473
-
total
7 783
3 097
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.

25 332
10 082
164 854
-
pensions
4 940
1 966
32 146
-
total
4 940
1 966
32 146
-
Corporate
166 728
184 952
-
-
income
15 006
16 646
-
-
total
15 006
16 646
-
-
Dividends
151 723
168 307
-
-
social contributions
29 471
32 705
-
-
withholding
28 827
31 978
-
-
total
58 298
64 683
-
-
Income
197 000
197 000
197 000
197 000
Total tax
86 027
86 392
82 797
60 528
After tax
110 973
110 608
114 203
136 472
Living cost
17 549
17 549
17 549
17 549
Free-cash
93 424
93 059
96 654
118 923

Estimated living cost  is ₽17549 per week

₽11975
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1436
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽351
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3787
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90577
₽134629
₽82621
₽128719
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
25 611
income
-
-
-
26 397
pensions
-
-
-
39 399
total
-
-
-
91 407
Employee
26 980
-
147 234
-
income
3 038
-
28 386
-
pensions
540
-
2 945
-
unemployment
431
-
2 355
-
total
4 009
-
33 686
-
Employer
26 980
-
147 234
-
unemployment
217
-
1 179
-
health
3 507
-
19 140
-
pensions
5 396
-
29 446
-
total
9 120
-
49 765
-
Corporate
160 900
197 000
-
-
income
32 180
39 399
-
-
total
32 180
39 399
-
-
Dividends
128 720
157 601
-
-
total
-
-
-
-
Income
197 000
197 000
197 000
197 000
Total tax
45 309
39 399
83 451
91 407
After tax
151 691
157 601
113 549
105 593
Living cost
22 972
22 972
22 972
22 972
Free-cash
128 719
134 629
90 577
82 621

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
₽86930
-₽5114
₽113497
₽12725
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
355
health
-
-
-
2 089
accident
-
-
-
242
income
-
-
-
55 761
pensions
-
-
-
3 985
total
-
-
-
62 432
Employee
33 145
-
179 071
-
income
4 547
-
43 259
-
pensions
3 732
-
7 307
-
health
3 795
-
20 504
-
total
12 074
-
71 070
-
Employer
33 145
-
179 071
-
unemployment
812
-
4 387
-
accident
553
-
2 990
-
pensions
5 390
-
10 552
-
total
6 755
-
17 929
-
Corporate
157 100
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.

141 390
177 300
-
-
total
141 390
177 300
-
-
Dividends
15 710
19 700
-
-
withholding
2 985
3 743
-
-
total
2 985
3 743
-
-
Income
197 000
197 000
197 000
197 000
Total tax
163 204
181 043
88 999
62 432
After tax
33 796
15 957
108 001
134 568
Living cost
21 071
21 071
21 071
21 071
Free-cash
12 725
-5 114
86 930
113 497

Estimated living cost  is ₽21071 per week

₽15443
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1167
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽440
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4021
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Poland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should use a business incubator or set up a company and hire themselves as an employee.

Source of data for Gdansk model

Close
Batumi , Georgia
₽149699
₽179249
₽187129
₽177768
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 875
-
197 000
-
income
1 975
-
39 400
-
total
1 975
-
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%.

187 125
197 000
-
-
total
-
-
-
-
Dividends
187 125
197 000
-
-
withholding
9 356
9 850
-
-
total
9 356
9 850
-
-
Income
197 000
197 000
197 000
197 000
Total tax
11 331
9 850
39 400
1 970
After tax
185 669
187 150
157 600
195 030
Living cost
7 901
7 901
7 901
7 901
Free-cash
177 768
179 249
149 699
187 129

Estimated living cost  is ₽7901 per week

₽4896
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽657
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽217
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2130
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88809
₽119394
₽90474
₽112971
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
6 869
health
-
-
-
6 364
income
-
-
-
33 240
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.

-
-
-
34 711
total
-
-
-
81 184
Employee
34 532
-
160 429
-
income
5 945
-
32 684
-
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
-
health
484
-
2 025
-
unemployment
345
-
1 446
-
total
9 191
-
46 278
-
Employer
34 532
-
160 429
-
other
1 727
-
7 230
-
unemployment
345
-
1 446
-
health
484
-
2 025
-
accident
276
-
1 283
-
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
-
total
8 703
-
36 571
-
Corporate
153 765
197 000
-
-
income
32 290
41 370
-
-
total
32 290
41 370
-
-
Dividends
121 474
155 630
-
-
withholding
8 503
10 894
-
-
total
8 503
10 894
-
-
Income
197 000
197 000
197 000
197 000
Total tax
58 687
52 264
82 849
81 184
After tax
138 313
144 736
114 151
115 816
Living cost
25 342
25 342
25 342
25 342
Free-cash
112 971
119 394
88 809
90 474

Estimated living cost  is ₽25342 per week

₽17906
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
₽47356
₽62353
₽65019
₽69979
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
59 505
pensions
-
-
-
9 125
total
-
-
-
68 630
Employee
89 632
-
171 812
-
income
16 157
-
47 726
-
health
1 477
-
2 374
-
pensions
8 647
-
11 005
-
total
26 281
-
61 105
-
Employer
89 632
-
171 812
-
health
1 702
-
3 265
-
pensions
10 583
-
21 923
-
total
12 285
-
25 188
-
Corporate
95 083
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.

18 066
37 429
-
-
total
18 066
37 429
-
-
Dividends
77 017
159 571
-
-
withholding
7 038
33 867
-
-
total
7 038
33 867
-
-
Income
197 000
197 000
197 000
197 000
Total tax
63 670
71 296
86 293
68 630
After tax
133 330
125 704
110 707
128 370
Living cost
63 351
63 351
63 351
63 351
Free-cash
69 979
62 353
47 356
65 019

Estimated living cost  is ₽63351 per week

₽47470
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7443
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7923
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽154335
₽156064
₽146279
₽151683
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 790
income
-
-
-
29 550
pensions

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

-
-
-
4 878
unemployment
-
-
-
132
total
-
-
-
38 350
Employee
16 381
-
190 534
-
income
1 638
-
19 054
-
accident

We are using the highest rate at 1.1%.

180
-
363
-
pensions

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

1 438
-
2 894
-
health
753
-
1 516
-
total
4 009
-
23 827
-
Employer
16 381
-
190 534
-
unemployment
98
-
198
-
health
1 131
-
2 274
-
accident

We are using the highest rate at 1.1%.

180
-
363
-
pensions

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

1 805
-
3 632
-
total
3 214
-
6 467
-
Corporate
177 404
197 000
-
-
income
17 740
19 700
-
-
total
17 740
19 700
-
-
Dividends
159 664
177 300
-
-
withholding
7 983
8 865
-
-
total
7 983
8 865
-
-
Income
197 000
197 000
197 000
197 000
Total tax
32 946
28 565
30 294
38 350
After tax
164 054
168 435
166 706
158 650
Living cost
12 371
12 371
12 371
12 371
Free-cash
151 683
156 064
154 335
146 279

Estimated living cost  is ₽12371 per week

₽7223
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽883
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽328
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3938
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Varna model

Close
Amsterdam , Netherlands
₽73285
₽45234
₽53972
₽47630
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 728
income
-
-
-
67 419
pensions
-
-
-
11 143
total
-
-
-
90 290
Employee
88 176
81 217
179 325
-
income

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

13 294
13 294
30 432
-
pensions
11 143
11 143
11 143
-
health
11 000
10 603
11 728
-
total
35 437
35 040
53 303
-
Employer
88 176
81 217
179 325
-
unemployment
3 175
2 924
3 633
-
health
6 127
5 646
7 015
-
pensions
6 136
5 653
7 026
-
total
15 438
14 223
17 674
-
Corporate
93 385
101 560
-
-
income
18 676
20 312
-
-
total
18 676
20 312
-
-
Dividends
74 709
81 249
-
-
income
15 875
17 265
-
-
withholding
11 206
12 188
-
-
total
27 081
29 453
-
-
Income
197 000
197 000
197 000
197 000
Total tax
96 632
99 028
70 977
90 290
After tax
100 368
97 972
126 023
106 710
Living cost
52 738
52 738
52 738
52 738
Free-cash
47 630
45 234
73 285
53 972

Estimated living cost  is ₽52738 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.
₽8521
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82830
₽112179
₽91227
₽103813
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
33 750
health
-
-
-
26 595
income
-
-
-
20 498
solidarity contribution
-
-
-
1 475
total
-
-
-
82 318
Employee
34 492
-
154 224
-
social contributions
2 242
-
7 513
-
solidarity contribution
-
-
722
-
income
4 139
-
18 884
-
health
4 656
-
20 820
-
total
11 037
-
47 939
-
Employer
34 492
-
154 224
-
health
3 104
-
13 880
-
social contributions
8 623
-
28 896
-
total
11 727
-
42 776
-
Corporate
150 780
197 000
-
-
income
28 648
37 430
-
-
total
28 648
37 430
-
-
Dividends
122 132
159 570
-
-
withholding
18 320
23 936
-
-
total
18 320
23 936
-
-
Income
197 000
197 000
197 000
197 000
Total tax
69 732
61 366
90 715
82 318
After tax
127 268
135 634
106 285
114 682
Living cost
23 455
23 455
23 455
23 455
Free-cash
103 813
112 179
82 830
91 227

Estimated living cost  is ₽23455 per week

₽16292
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1669
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5033
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45668
₽64976
₽53748
₽60009
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
47 601
national
-
-
-
51 914
regional
-
-
-
2 410
municipal
-
-
-
1 195
total
-
-
-
103 120
Employee
84 525
-
197 000
-
social contributions
28 502
-
62 406
-
municipal
448
-
1 077
-
national
14 646
-
45 563
-
regional
798
-
2 154
-
total
44 394
-
111 200
-
Employer
84 525
-
197 000
-
total
-
-
-
-
Corporate
112 475
197 000
-
-
nationa
26 993
47 279
-
-
municipal
4 386
7 683
-
-
total
31 379
54 962
-
-
Dividends
81 096
142 037
-
-
withholding
21 086
36 930
-
-
total
21 086
36 930
-
-
Income
197 000
197 000
197 000
197 000
Total tax
96 859
91 892
111 200
103 120
After tax
100 141
105 108
85 800
93 880
Living cost
40 132
40 132
40 132
40 132
Free-cash
60 009
64 976
45 668
53 748

Estimated living cost  is ₽40132 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
₽66033
₽102927
₽71844
₽99967
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
-
health
-
-
-
9 012
income
-
-
-
59 718
pensions
-
-
-
25 387
surtax
-
-
-
9 835
unemployment
-
-
-
217
total
-
-
-
104 169
Employee
31 451
-
170 281
-
surtax
103
-
8 696
-
income
5 272
-
54 029
-
other
-
-
-
-
pensions
2 097
-
8 466
-
health
803
-
3 236
-
unemployment
2 189
-
8 835
-
total
10 464
-
83 262
-
Employer
31 451
-
170 281
-
other
-
-
-
-
unemployment
996
-
4 023
-
health
1 431
-
5 775
-
pensions
4 193
-
16 920
-
total
6 620
-
26 718
-
Corporate
158 929
197 000
-
-
income
41 322
51 219
-
-
total
41 322
51 219
-
-
Dividends
117 607
145 781
-
-
withholding
17 640
21 867
-
-
total
17 640
21 867
-
-
Income
197 000
197 000
197 000
197 000
Total tax
76 046
73 086
109 980
104 169
After tax
120 954
123 914
87 020
92 831
Living cost
20 987
20 987
20 987
20 987
Free-cash
99 967
102 927
66 033
71 844

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
₽67428
₽82425
₽85090
₽88682
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
59 505
pensions
-
-
-
9 125
total
-
-
-
68 630
Employee
60 069
-
171 812
-
income
10 819
-
47 726
-
health
872
-
2 374
-
pensions
5 098
-
11 005
-
total
16 789
-
61 105
-
Employer
60 069
-
171 812
-
health
1 141
-
3 265
-
pensions
6 502
-
21 923
-
total
7 643
-
25 188
-
Corporate
129 288
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.

24 564
37 429
-
-
total
24 564
37 429
-
-
Dividends
104 724
159 571
-
-
withholding
16 043
33 867
-
-
total
16 043
33 867
-
-
Income
197 000
197 000
197 000
197 000
Total tax
65 039
71 296
86 293
68 630
After tax
131 961
125 704
110 707
128 370
Living cost
43 280
43 280
43 280
43 280
Free-cash
88 682
82 425
67 428
85 090

Estimated living cost  is ₽43280 per week

₽32425
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3244
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7157
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽72877
₽13432
₽81204
₽46229
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
3 939
health
-
-
-
443
pensions
-
-
-
18 124
city
-
-
-
2 077
national
-
-
-
4 181
regional
-
-
-
10 381
total
-
-
-
39 145
Employee
89 701
-
176 642
-
national
425
-
3 212
-
city
963
-
1 902
-
pensions
7 536
-
14 484
-
health
203
-
398
-
regional
2 937
-
9 060
-
unemployment
-
-
-
-
total
12 064
-
29 056
-
Employer
89 701
-
176 642
-
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.

1 793
-
3 534
-
unemployment
-
-
-
-
health
203
-
398
-
pensions
7 536
-
14 484
-
total
9 532
-
18 416
-
Corporate
96 780
197 000
-
-
regional
20 468
41 665
-
-
national
8 227
16 746
-
-
total
28 695
58 411
-
-
Dividends
68 085
138 589
-
-
withholding
23 829
48 506
-
-
total
23 829
48 506
-
-
Income
197 000
197 000
197 000
197 000
Total tax
74 120
106 917
47 472
39 145
After tax
122 880
90 083
149 528
157 855
Living cost
76 651
76 651
76 651
76 651
Free-cash
46 229
13 432
72 877
81 204

Estimated living cost  is ₽76651 per week

₽49845
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6879
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽941
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18986
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽79242
₽53714
₽53039
₽69141
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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
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.

-
-
-
64 164
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
trade
-
-
-
26 203
total
-
-
-
100 392
Employee

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

57 158
-
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
-
64 164
-
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
-
74 189
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
139 842
197 000
-
-
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
-
-
trade
23 983
33 785
-
-
income
20 976
29 551
-
-
total
46 453
65 384
-
-
Dividends
93 390
131 616
-
-
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
-
-
withholding
22 986
32 543
-
-
total
24 249
34 333
-
-
Income
197 000
197 000
197 000
197 000
Total tax
84 290
99 717
74 189
100 392
After tax
112 710
97 283
122 811
96 608
Living cost
43 569
43 569
43 569
43 569
Free-cash
69 141
53 714
79 242
53 039

Estimated living cost  is ₽43569 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
₽72034
₽66751
₽76731
₽72366
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
6 108
social contributions
-
-
-
5 613
health
-
-
-
9 250
income
-
-
-
34 441
pensions
-
-
-
32 318
surtax
-
-
-
-
total
-
-
-
87 730
Employee
40 704
-
151 006
-
surtax
-
-
-
-
social contributions
1 161
-
4 303
-
income
2 402
-
31 021
-
pensions
4 602
-
11 107
-
total
8 165
-
46 431
-
Employer
40 704
-
151 006
-
other
1 404
-
6 148
-
unemployment
1 648
-
6 117
-
health
2 850
-
14 689
-
pensions
6 687
-
18 589
-
social contributions
123
-
453
-
total
12 712
-
45 996
-
Corporate
143 584
197 000
-
-
surtax
-
-
-
-
income
40 204
55 159
-
-
total
40 204
55 159
-
-
Dividends
103 380
141 841
-
-
social contributions
17 781
24 396
-
-
surtax
-
-
-
-
withholding
13 233
18 155
-
-
total
31 014
42 551
-
-
Income
197 000
197 000
197 000
197 000
Total tax
92 095
97 710
92 427
87 730
After tax
104 905
99 290
104 573
109 270
Living cost
32 539
32 539
32 539
32 539
Free-cash
72 366
66 751
72 034
76 731

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
₽75258
₽69975
₽79955
₽75257
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
6 108
social contributions
-
-
-
5 613
health
-
-
-
9 250
income
-
-
-
34 441
pensions
-
-
-
32 318
surtax
-
-
-
-
total
-
-
-
87 730
Employee
36 334
-
151 006
-
surtax
-
-
-
-
social contributions
1 036
-
4 303
-
income
1 873
-
31 021
-
pensions
4 110
-
11 107
-
total
7 019
-
46 431
-
Employer
36 334
-
151 006
-
other
1 254
-
6 148
-
unemployment
1 471
-
6 117
-
health
2 543
-
14 689
-
pensions
5 970
-
18 589
-
social contributions
108
-
453
-
total
11 346
-
45 996
-
Corporate
149 319
197 000
-
-
surtax
-
-
-
-
income
41 809
55 159
-
-
total
41 809
55 159
-
-
Dividends
107 510
141 841
-
-
social contributions
18 492
24 396
-
-
surtax
-
-
-
-
withholding
13 762
18 155
-
-
total
32 254
42 551
-
-
Income
197 000
197 000
197 000
197 000
Total tax
92 428
97 710
92 427
87 730
After tax
104 572
99 290
104 573
109 270
Living cost
29 315
29 315
29 315
29 315
Free-cash
75 257
69 975
75 258
79 955

Estimated living cost  is ₽29315 per week

₽17002
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.
₽8781
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽101418
₽100020
₽106345
₽100516
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
27 186
health
-
-
-
13 751
income
-
-
-
29 551
total
-
-
-
70 488
Employee
32 247
-
197 000
-
social contributions
4 451
-
27 186
-
income
5 378
-
34 478
-
health
2 251
-
13 751
-
total
12 080
-
75 415
-
Employer
32 247
-
197 000
-
total
-
-
-
-
Corporate
164 753
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
-
-
social contributions
21 598
25 827
-
-
withholding
23 477
28 072
-
-
health
10 925
13 063
-
-
total
56 000
66 962
-
-
Income
197 000
197 000
197 000
197 000
Total tax
76 317
76 813
75 415
70 488
After tax
120 683
120 187
121 585
126 512
Living cost
20 167
20 167
20 167
20 167
Free-cash
100 516
100 020
101 418
106 345

Estimated living cost  is ₽20167 per week

₽13497
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
₽18314
₽75206
₽67678
₽73733
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 499
income
-
-
-
59 946
chamber of commerce
-
-
-
789
pensions
-
-
-
20 555
surtax
-
-
-
188
unemployment
-
-
-
5 833
total
-
-
-
95 810
Employee
47 530
37 901
161 181
-
income
5 411
2 796
49 840
-
other
475
379
1 112
-
pensions
4 868
3 880
11 378
-
health
1 839
1 467
4 299
-
unemployment
1 426
1 137
3 334
-
total
14 019
9 659
69 963
-
Employer
47 530
37 901
161 181
-
other
2 258
1 799
7 230
-
unemployment
1 426
1 137
3 334
-
health
1 796
1 433
4 200
-
surtax
188
188
188
-
accident
617
493
1 444
-
pensions
5 965
4 758
13 944
-
payroll
1 426
1 137
4 835
-
chamber of commerce
190
152
644
-
total
13 866
11 097
35 819
-
Corporate
135 605
148 002
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
37 001
39 392
-
total
33 902
37 001
39 392
-
Dividends
101 703
111 002
-
-
withholding
27 968
30 525
-
-
total
27 968
30 525
-
-
Income
197 000
197 000
197 000
197 000
Total tax
89 755
88 282
145 174
95 810
After tax
107 245
108 718
51 826
101 190
Living cost
33 512
33 512
33 512
33 512
Free-cash
73 733
75 206
18 314
67 678

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
₽33041
₽74376
₽50919
₽61175
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 712
communal

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

-
-
-
10 398
national
-
-
-
77 294
total
-
-
-
111 404
Employee

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

68 031
-
152 579
-
national
20 915
-
56 970
-
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
-
11 443
-
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
-
communal

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

3 548
-
7 958
-
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
-
1 327
-
total
33 353
-
84 869
-
Employer

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

68 031
-
152 579
-
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
-
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
-
9 383
-
surtax
7 714
-
17 301
-
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
-
1 984
-
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
-
total
19 803
-
44 413
-
Corporate
109 167
197 000
-
-
surtax
437
818
-
-
income
21 833
40 887
-
-
total
22 270
41 705
-
-
Dividends
86 897
155 296
-
-
withholding

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

25 722
46 242
-
-
total
25 722
46 242
-
-
Income
197 000
197 000
197 000
197 000
Total tax
101 148
87 947
129 282
111 404
After tax
95 852
109 053
67 718
85 596
Living cost
34 677
34 677
34 677
34 677
Free-cash
61 175
74 376
33 041
50 919

Estimated living cost  is ₽34677 per week

₽22337
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
₽71890
₽96610
₽75881
₽90096
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
88
accident
-
-
-
794
income
-
-
-
60 327
pensions
-
-
-
24 946
unemployment
-
-
-
617
total
-
-
-
86 772
Employee
47 342
-
168 897
-
income
9 989
-
57 062
-
other
47
-
88
-
pensions
2 225
-
4 144
-
unemployment
735
-
1 366
-
total
12 996
-
62 660
-
Employer
47 342
-
168 897
-
other
377
-
706
-
unemployment
2 604
-
4 848
-
accident
937
-
1 745
-
pensions
11 172
-
20 804
-
total
15 090
-
28 103
-
Corporate
134 568
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
29 551
-
-
total
20 185
29 551
-
-
Dividends
114 383
167 449
-
-
withholding
24 286
36 492
-
-
total
24 286
36 492
-
-
Income
197 000
197 000
197 000
197 000
Total tax
72 557
66 043
90 763
86 772
After tax
124 443
130 957
106 237
110 228
Living cost
34 347
34 347
34 347
34 347
Free-cash
90 096
96 610
71 890
75 881

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.
₽2437
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
₽50267
₽61231
₽42415
₽48284
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
13 841
accident
-
-
-
1 660
income
-
-
-
35 654
pensions
-
-
-
29 529
communal
-
-
-
12 450
surtax
-
-
-
9 766
total
-
-
-
102 900
Employee
72 024
-
175 970
-
surtax
4 415
-
10 784
-
income
6 957
-
41 326
-
pensions
5 761
-
14 078
-
health
3 205
-
7 831
-
total
20 338
-
74 019
-
Employer
72 024
-
175 970
-
health
2 196
-
5 368
-
accident
648
-
1 583
-
pensions
5 761
-
14 078
-
total
8 605
-
21 029
-
Corporate
116 371
197 000
-
-
surtax
1 222
2 068
-
-
income
17 456
29 551
-
-
communal
7 855
13 298
-
-
total
26 533
44 917
-
-
Dividends
89 838
152 083
-
-
income
28 080
16 354
-
-
withholding
13 475
22 813
-
-
total
41 555
39 167
-
-
Income
197 000
197 000
197 000
197 000
Total tax
97 031
84 084
95 048
102 900
After tax
99 969
112 916
101 952
94 100
Living cost
51 685
51 685
51 685
51 685
Free-cash
48 284
61 231
50 267
42 415

Estimated living cost  is ₽51685 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.
₽9234
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65658
₽102552
₽71469
₽99526
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
-
health
-
-
-
9 012
income
-
-
-
59 718
pensions
-
-
-
25 387
surtax
-
-
-
9 835
unemployment
-
-
-
217
total
-
-
-
104 169
Employee
32 029
-
170 281
-
surtax
114
-
8 696
-
income
5 369
-
54 029
-
other
-
-
-
-
pensions
2 137
-
8 466
-
health
818
-
3 236
-
unemployment
2 229
-
8 835
-
total
10 667
-
83 262
-
Employer
32 029
-
170 281
-
other
-
-
-
-
unemployment
1 016
-
4 023
-
health
1 457
-
5 775
-
pensions
4 270
-
16 920
-
total
6 743
-
26 718
-
Corporate
158 228
197 000
-
-
income
41 139
51 219
-
-
total
41 139
51 219
-
-
Dividends
117 089
145 781
-
-
withholding
17 563
21 867
-
-
total
17 563
21 867
-
-
Income
197 000
197 000
197 000
197 000
Total tax
76 112
73 086
109 980
104 169
After tax
120 888
123 914
87 020
92 831
Living cost
21 362
21 362
21 362
21 362
Free-cash
99 526
102 552
65 658
71 469

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
₽59602
₽77928
₽67637
₽75816
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
47 601
national
-
-
-
51 914
regional
-
-
-
3 033
municipal
-
-
-
1 195
total
-
-
-
103 743
Employee
52 757
-
197 000
-
social contributions
17 790
-
62 406
-
municipal
280
-
1 077
-
national
8 358
-
45 563
-
regional
710
-
2 732
-
total
27 138
-
111 778
-
Employer
52 757
-
197 000
-
total
-
-
-
-
Corporate
144 243
197 000
-
-
nationa
34 618
47 279
-
-
municipal
7 169
9 791
-
-
total
41 787
57 070
-
-
Dividends
102 456
139 929
-
-
withholding
26 639
36 382
-
-
total
26 639
36 382
-
-
Income
197 000
197 000
197 000
197 000
Total tax
95 564
93 452
111 778
103 743
After tax
101 436
103 548
85 222
93 257
Living cost
25 620
25 620
25 620
25 620
Free-cash
75 816
77 928
59 602
67 637

Estimated living cost  is ₽25620 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
₽77383
₽106732
₽85780
₽96421
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
33 750
health
-
-
-
26 595
income
-
-
-
20 498
solidarity contribution
-
-
-
1 475
total
-
-
-
82 318
Employee
42 503
-
154 224
-
social contributions
2 763
-
7 513
-
solidarity contribution
-
-
722
-
income
5 100
-
18 884
-
health
5 738
-
20 820
-
total
13 601
-
47 939
-
Employer
42 503
-
154 224
-
health
3 825
-
13 880
-
social contributions
10 626
-
28 896
-
total
14 451
-
42 776
-
Corporate
140 045
197 000
-
-
income
26 609
37 430
-
-
total
26 609
37 430
-
-
Dividends
113 437
159 570
-
-
withholding
17 016
23 936
-
-
total
17 016
23 936
-
-
Income
197 000
197 000
197 000
197 000
Total tax
71 677
61 366
90 715
82 318
After tax
125 323
135 634
106 285
114 682
Living cost
28 902
28 902
28 902
28 902
Free-cash
96 421
106 732
77 383
85 780

Estimated living cost  is ₽28902 per week

₽21494
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1601
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5308
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21530
₽78476
₽71036
₽78008
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 499
income
-
-
-
59 946
chamber of commerce
-
-
-
789
pensions
-
-
-
20 555
surtax
-
-
-
-
unemployment
-
-
-
5 833
total
-
-
-
95 622
Employee
41 574
37 901
161 355
-
income
3 704
2 796
49 923
-
other
415
379
1 112
-
pensions
4 258
3 880
11 378
-
health
1 608
1 467
4 299
-
unemployment
1 247
1 137
3 334
-
total
11 232
9 659
70 046
-
Employer
41 574
37 901
161 355
-
other
1 974
1 799
7 237
-
unemployment
1 247
1 137
3 334
-
health
1 572
1 433
4 200
-
surtax
-
-
-
-
accident
540
493
1 444
-
pensions
5 218
4 758
13 944
-
payroll
1 247
1 137
4 841
-
chamber of commerce
166
152
646
-
total
11 964
10 909
35 646
-
Corporate
143 462
148 190
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.

35 866
37 048
39 436
-
total
35 866
37 048
39 436
-
Dividends
107 596
111 142
-
-
withholding
29 588
30 565
-
-
total
29 588
30 565
-
-
Income
197 000
197 000
197 000
197 000
Total tax
88 650
88 181
145 128
95 622
After tax
108 350
108 819
51 872
101 378
Living cost
30 342
30 342
30 342
30 342
Free-cash
78 008
78 476
21 530
71 036

Estimated living cost  is ₽30342 per week

₽18202
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
₽145288
₽174838
₽182718
₽172530
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 390
-
197 000
-
income
3 078
-
39 400
-
total
3 078
-
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%.

181 610
197 000
-
-
total
-
-
-
-
Dividends
181 610
197 000
-
-
withholding
9 080
9 850
-
-
total
9 080
9 850
-
-
Income
197 000
197 000
197 000
197 000
Total tax
12 158
9 850
39 400
1 970
After tax
184 842
187 150
157 600
195 030
Living cost
12 312
12 312
12 312
12 312
Free-cash
172 530
174 838
145 288
182 718

Estimated living cost  is ₽12312 per week

₽8331
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽517
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽413
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3050
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63465
₽110124
₽67738
₽102169
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
19 386
income
-
-
-
48 092
pensions
-
-
-
35 978
unemployment
-
-
-
296
total
-
-
-
103 752
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.

42 057
-
170 458
-
income
7 253
-
43 815
-
pensions
6 519
-
26 421
-
health
2 716
-
11 011
-
unemployment
60
-
238
-
total
16 548
-
81 485
-
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.

42 057
-
170 458
-
unemployment
25
-
103
-
health
2 801
-
11 352
-
pensions
3 722
-
15 085
-
total
6 548
-
26 540
-
Corporate
148 396
197 000
-
-
income
28 195
37 430
-
-
total
28 195
37 430
-
-
Dividends
120 200
159 570
-
-
withholding
18 030
23 936
-
-
total
18 030
23 936
-
-
Income
197 000
197 000
197 000
197 000
Total tax
69 321
61 366
108 025
103 752
After tax
127 679
135 634
88 975
93 248
Living cost
25 510
25 510
25 510
25 510
Free-cash
102 169
110 124
63 465
67 738

Estimated living cost  is ₽25510 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
₽140517
₽76569
₽92857
₽28851
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
62 066
-
-
-
social contributions
5 089
-
725
-
income
13 691
-
-
-
total
18 780
-
725
-
Employer
62 066
-
-
-
social contributions
87 513
-
12 472
-
total
87 513
-
12 472
-
Corporate
47 421
197 000
-
-
income
10 433
43 340
-
-
total
10 433
43 340
-
-
Dividends
36 988
153 660
-
-
income
8 137
33 805
-
-
total
8 137
33 805
-
-
Income
197 000
197 000
197 000
197 000
Total tax
124 863
77 145
13 197
60 857
After tax
72 137
119 855
183 803
136 143
Living cost
43 286
43 286
43 286
43 286
Free-cash
28 851
76 569
140 517
92 857

Estimated living cost  is ₽43286 per week

₽28086
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4071
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽552
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10578
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58845
₽82222
₽73780
₽81264
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions

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

-
-
-
68 457
income
-
-
-
24 931
surtax
-
-
-
-
total
-
-
-
93 388
Employee
43 742
-
159 192
-
surtax
-
-
-
-
social contributions
4 812
-
17 510
-
income
9 098
-
53 005
-
total
13 910
-
70 515
-
Employer
43 742
-
159 192
-
social contributions
10 389
-
37 808
-
total
10 389
-
37 808
-
Corporate
142 870
197 000
-
-
surtax
-
-
-
-
income
30 002
41 370
-
-
total
30 002
41 370
-
-
Dividends
112 868
155 630
-
-
withholding
31 603
43 576
-
-
total
31 603
43 576
-
-
Income
197 000
197 000
197 000
197 000
Total tax
85 904
84 946
108 323
93 388
After tax
111 096
112 054
88 677
103 612
Living cost
29 832
29 832
29 832
29 832
Free-cash
81 264
82 222
58 845
73 780

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
₽58638
₽53355
₽63335
₽59890
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
6 108
social contributions
-
-
-
5 613
health
-
-
-
9 250
income
-
-
-
34 441
pensions
-
-
-
32 318
surtax
-
-
-
-
total
-
-
-
87 730
Employee
59 567
-
151 006
-
surtax
-
-
-
-
social contributions
1 697
-
4 303
-
income
5 197
-
31 021
-
pensions
6 737
-
11 107
-
total
13 631
-
46 431
-
Employer
59 567
-
151 006
-
other
2 056
-
6 148
-
unemployment
2 413
-
6 117
-
health
4 169
-
14 689
-
pensions
9 788
-
18 589
-
social contributions
179
-
453
-
total
18 605
-
45 996
-
Corporate
118 828
197 000
-
-
surtax
-
-
-
-
income
33 272
55 159
-
-
total
33 272
55 159
-
-
Dividends
85 556
141 841
-
-
social contributions
14 715
24 396
-
-
surtax
-
-
-
-
withholding
10 952
18 155
-
-
total
25 667
42 551
-
-
Income
197 000
197 000
197 000
197 000
Total tax
91 175
97 710
92 427
87 730
After tax
105 825
99 290
104 573
109 270
Living cost
45 935
45 935
45 935
45 935
Free-cash
59 890
53 355
58 638
63 335

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
₽120715
₽148711
₽115481
₽145517
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
9 591
social contributions
-
-
-
43 339
total
-
-
-
52 930
Employee
30 576
-
170 563
-
income
-
-
10 172
-
social contributions
1 987
-
11 087
-
total
1 987
-
21 259
-
Employer
30 576
-
170 563
-
social contributions
4 739
-
26 437
-
total
4 739
-
26 437
-
Corporate
161 685
197 000
-
-
income
16 168
19 700
-
-
total
16 168
19 700
-
-
Dividends
145 517
177 300
-
-
total
-
-
-
-
Income
197 000
197 000
197 000
197 000
Total tax
22 894
19 700
47 696
52 930
After tax
174 106
177 300
149 304
144 070
Living cost
28 589
28 589
28 589
28 589
Free-cash
145 517
148 711
120 715
115 481

Estimated living cost  is ₽28589 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
-₽9892
-₽9892
₽68737
-₽9892
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
labour market
-
-
-
15 694
pensions
-
-
-
823
national
-
-
-
24 095
municipal
-
-
-
41 919
total
-
-
-
82 531
Employee
193 023
193 023
193 023
-
labour market
15 420
15 420
15 420
-
municipal
41 103
41 103
41 103
-
national
23 581
23 581
23 581
-
pensions
274
274
274
-
total
80 378
80 378
80 378
-
Employer
193 023
193 023
193 023
-
national
23 622
23 622
23 622
-
labour market
15 442
15 442
15 442
-
pensions
549
549
549
-
municipal
41 169
41 169
41 169
-
total
80 782
80 782
80 782
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
197 000
197 000
197 000
197 000
Total tax
161 160
161 160
161 160
82 531
After tax
35 840
35 840
35 840
114 469
Living cost
45 732
45 732
45 732
45 732
Free-cash
-9 892
-9 892
-9 892
68 737

Estimated living cost  is ₽45732 per week

₽31299
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4045
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.
₽9684
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87241
-₽4803
₽113808
₽12774
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
355
health
-
-
-
2 089
accident
-
-
-
242
income
-
-
-
55 761
pensions
-
-
-
3 985
total
-
-
-
62 432
Employee
32 657
-
179 071
-
income
4 480
-
43 259
-
pensions
3 677
-
7 307
-
health
3 739
-
20 504
-
total
11 896
-
71 070
-
Employer
32 657
-
179 071
-
unemployment
800
-
4 387
-
accident
545
-
2 990
-
pensions
5 310
-
10 552
-
total
6 655
-
17 929
-
Corporate
157 688
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.

141 919
177 300
-
-
total
141 919
177 300
-
-
Dividends
15 769
19 700
-
-
withholding
2 996
3 743
-
-
total
2 996
3 743
-
-
Income
197 000
197 000
197 000
197 000
Total tax
163 466
181 043
88 999
62 432
After tax
33 534
15 957
108 001
134 568
Living cost
20 760
20 760
20 760
20 760
Free-cash
12 774
-4 803
87 241
113 808

Estimated living cost  is ₽20760 per week

₽15111
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1183
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽390
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4076
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Poland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should use a business incubator or set up a company and hire themselves as an employee.

Source of data for Krakow model

Close
Helsinki , Finland
₽63704
₽85101
₽86267
₽88037
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
2 637
national
-
-
-
36 597
municipal
-
-
-
34 985
total
-
-
-
74 219
Employee
50 038
-
165 726
-
municipal
8 196
-
26 982
-
national
827
-
22 702
-
pensions
3 377
-
11 186
-
health
374
-
2 155
-
unemployment
751
-
2 485
-
total
13 525
-
65 510
-
Employer
50 038
-
165 726
-
unemployment
325
-
1 077
-
health
384
-
1 276
-
accident
51
-
166
-
pensions
8 681
-
28 753
-
total
9 441
-
31 272
-
Corporate
137 521
197 000
-
-
income
27 504
39 399
-
-
total
27 504
39 399
-
-
Dividends

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

82 513
118 200
-
-
national
7 127
14 711
-
-
municipal
14 852
21 275
-
-
total
21 979
35 986
-
-
Income
197 000
197 000
197 000
197 000
Total tax
72 449
75 385
96 782
74 219
After tax
124 551
121 615
100 218
122 781
Living cost
36 514
36 514
36 514
36 514
Free-cash
88 037
85 101
63 704
86 267

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
₽109501
₽121595
₽111154
₽116423
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 388
health
-
-
-
5 023
income
-
-
-
43 415
total
-
-
-
63 826
Employee
73 133
73 133
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
73 133
73 133
185 384
-
health
615
1 354
3 429
-
social contributions
2 765
6 070
8 187
-
total
3 380
7 424
11 616
-
Corporate
160 305
116 444
-
-
income
20 037
14 556
-
-
total
20 037
14 556
-
-
Dividends
140 268
101 888
-
-
withholding
23 845
17 321
-
-
total
23 845
17 321
-
-
Income
197 000
197 000
197 000
197 000
Total tax
58 557
53 385
65 479
63 826
After tax
138 443
143 615
131 521
133 174
Living cost
22 020
22 020
22 020
22 020
Free-cash
116 423
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
₽133019
₽148036
₽152095
₽143197
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 442
income
-
-
-
20 286
pensions
-
-
-
6 050
unemployment
-
-
-
27
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
-
income
1 493
-
17 929
-
pensions
3 274
-
13 536
-
health
1 855
-
7 671
-
unemployment
108
-
451
-
total
6 730
-
39 587
-
Employer

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

21 830
-
187 705
-
unemployment
108
-
451
-
health
939
-
3 880
-
pensions
1 200
-
4 963
-
total
2 247
-
9 294
-
Corporate
172 923
197 000
-
-
income
15 563
17 731
-
-
total
15 563
17 731
-
-
Dividends
157 360
179 269
-
-
withholding
14 163
16 133
-
-
total
14 163
16 133
-
-
Income
197 000
197 000
197 000
197 000
Total tax
38 703
33 864
48 881
29 805
After tax
158 297
163 136
148 119
167 195
Living cost
15 100
15 100
15 100
15 100
Free-cash
143 197
148 036
133 019
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
₽80084
₽104804
₽84075
₽100605
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
88
accident
-
-
-
794
income
-
-
-
60 327
pensions
-
-
-
24 946
unemployment
-
-
-
617
total
-
-
-
86 772
Employee
35 167
-
168 897
-
income
6 780
-
57 062
-
other
34
-
88
-
pensions
1 653
-
4 144
-
unemployment
545
-
1 366
-
total
9 012
-
62 660
-
Employer
35 167
-
168 897
-
other
282
-
706
-
unemployment
1 935
-
4 848
-
accident
697
-
1 745
-
pensions
8 299
-
20 804
-
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
29 551
-
-
total
22 593
29 551
-
-
Dividends
128 029
167 449
-
-
withholding
27 424
36 492
-
-
total
27 424
36 492
-
-
Income
197 000
197 000
197 000
197 000
Total tax
70 242
66 043
90 763
86 772
After tax
126 758
130 957
106 237
110 228
Living cost
26 153
26 153
26 153
26 153
Free-cash
100 605
104 804
80 084
84 075

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
₽125126
₽121165
₽125252
₽120875
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
932
income
-
-
-
67 767
pensions
-
-
-
1 286
total
-
-
-
69 985
Employee
2 686
-
195 553
-
income
520
-
67 699
-
pensions
242
-
579
-
health
134
-
322
-
unemployment
27
-
64
-
total
923
-
68 664
-
Employer
2 686
-
195 553
-
unemployment
54
-
129
-
health
255
-
611
-
pensions
295
-
707
-
total
604
-
1 447
-
Corporate
193 710
197 000
-
-
income
42 616
43 340
-
-
total
42 616
43 340
-
-
Dividends
151 094
153 660
-
-
withholding
30 219
30 732
-
-
total
30 219
30 732
-
-
Income
197 000
197 000
197 000
197 000
Total tax
74 362
74 072
70 111
69 985
After tax
122 638
122 928
126 889
127 015
Living cost
1 763
1 763
1 763
1 763
Free-cash
120 875
121 165
125 126
125 252

Estimated living cost  is ₽1763 per week

₽1048
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽143
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽40
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽532
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽108791
₽125921
₽108791
₽121250
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
7 224
income
-
-
-
45 286
pensions
-
-
-
18 235
unemployment
-
-
-
1 052
total
-
-
-
71 797
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.

24 748
-
184 446
-
income
3 411
-
45 286
-
pensions
3 465
-
9 819
-
health
1 275
-
3 612
-
unemployment
186
-
526
-
total
8 337
-
59 243
-
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.

24 748
-
184 446
-
unemployment
186
-
526
-
health
1 275
-
3 612
-
pensions
2 970
-
8 416
-
total
4 431
-
12 554
-
Corporate
167 822
197 000
-
-
income
25 173
29 550
-
-
total
25 173
29 550
-
-
Dividends
142 648
167 450
-
-
withholding
21 397
25 117
-
-
total
21 397
25 117
-
-
Income
197 000
197 000
197 000
197 000
Total tax
59 338
54 667
71 797
71 797
After tax
137 662
142 333
125 203
125 203
Living cost
16 412
16 412
16 412
16 412
Free-cash
121 250
125 921
108 791
108 791

Estimated living cost  is ₽16412 per week

₽11050
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1269
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3617
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63037
₽86414
₽77972
₽86070
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions

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

-
-
-
68 457
income
-
-
-
24 931
surtax
-
-
-
-
total
-
-
-
93 388
Employee
36 913
-
159 192
-
surtax
-
-
-
-
social contributions
4 061
-
17 510
-
income
7 213
-
53 005
-
total
11 274
-
70 515
-
Employer
36 913
-
159 192
-
social contributions
8 766
-
37 808
-
total
8 766
-
37 808
-
Corporate
151 321
197 000
-
-
surtax
-
-
-
-
income
31 778
41 370
-
-
total
31 778
41 370
-
-
Dividends
119 543
155 630
-
-
withholding
33 472
43 576
-
-
total
33 472
43 576
-
-
Income
197 000
197 000
197 000
197 000
Total tax
85 290
84 946
108 323
93 388
After tax
111 710
112 054
88 677
103 612
Living cost
25 640
25 640
25 640
25 640
Free-cash
86 070
86 414
63 037
77 972

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
₽72812
₽97532
₽76803
₽91309
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
88
accident
-
-
-
794
income
-
-
-
60 327
pensions
-
-
-
24 946
unemployment
-
-
-
617
total
-
-
-
86 772
Employee
45 932
-
168 897
-
income
9 594
-
57 062
-
other
45
-
88
-
pensions
2 159
-
4 144
-
unemployment
711
-
1 366
-
total
12 509
-
62 660
-
Employer
45 932
-
168 897
-
other
368
-
706
-
unemployment
2 527
-
4 848
-
accident
910
-
1 745
-
pensions
10 840
-
20 804
-
total
14 645
-
28 103
-
Corporate
136 423
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
29 551
-
-
total
20 463
29 551
-
-
Dividends
115 960
167 449
-
-
withholding
24 649
36 492
-
-
total
24 649
36 492
-
-
Income
197 000
197 000
197 000
197 000
Total tax
72 266
66 043
90 763
86 772
After tax
124 734
130 957
106 237
110 228
Living cost
33 425
33 425
33 425
33 425
Free-cash
91 309
97 532
72 812
76 803

Estimated living cost  is ₽33425 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
₽150475
₽152204
₽142419
₽146454
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 790
income
-
-
-
29 550
pensions

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

-
-
-
4 878
unemployment
-
-
-
132
total
-
-
-
38 350
Employee
21 493
-
190 534
-
income
2 150
-
19 054
-
accident

We are using the highest rate at 1.1%.

236
-
363
-
pensions

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

1 887
-
2 894
-
health
989
-
1 516
-
total
5 262
-
23 827
-
Employer
21 493
-
190 534
-
unemployment
129
-
198
-
health
1 483
-
2 274
-
accident

We are using the highest rate at 1.1%.

236
-
363
-
pensions

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

2 368
-
3 632
-
total
4 216
-
6 467
-
Corporate
171 290
197 000
-
-
income
17 129
19 700
-
-
total
17 129
19 700
-
-
Dividends
154 161
177 300
-
-
withholding
7 708
8 865
-
-
total
7 708
8 865
-
-
Income
197 000
197 000
197 000
197 000
Total tax
34 315
28 565
30 294
38 350
After tax
162 685
168 435
166 706
158 650
Living cost
16 231
16 231
16 231
16 231
Free-cash
146 454
152 204
150 475
142 419

Estimated living cost  is ₽16231 per week

₽10735
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽929
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽387
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4180
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86093
₽64619
₽64170
₽77061
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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
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.

-
-
-
64 164
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
trade
-
-
-
21 923
total
-
-
-
96 112
Employee

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

47 322
-
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
-
64 164
-
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
-
74 189
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
149 678
197 000
-
-
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.

1 235
1 626
-
-
trade
21 479
28 269
-
-
income
22 452
29 551
-
-
total
45 531
59 879
-
-
Dividends
104 148
137 121
-
-
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
-
-
withholding
25 676
33 918
-
-
total
27 087
35 784
-
-
Income
197 000
197 000
197 000
197 000
Total tax
83 221
95 663
74 189
96 112
After tax
113 779
101 337
122 811
100 888
Living cost
36 718
36 718
36 718
36 718
Free-cash
77 061
64 619
86 093
64 170

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
₽46193
₽83724
₽46193
₽85823
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
63 081
social contributions
-
-
-
33 549
total
-
-
-
96 630
Employee
74 395
-
197 000
-
income
14 038
-
63 081
-
social contributions
6 181
-
33 549
-
total
20 219
-
96 630
-
Employer
74 395
-
197 000
-
total
-
-
-
-
Corporate
122 605
197 000
-
-
income
15 325
24 625
-
-
total
15 325
24 625
-
-
Dividends
107 280
172 375
-
-
withholding
21 456
34 474
-
-
total
21 456
34 474
-
-
Income
197 000
197 000
197 000
197 000
Total tax
57 000
59 099
96 630
96 630
After tax
140 000
137 901
100 370
100 370
Living cost
54 177
54 177
54 177
54 177
Free-cash
85 823
83 724
46 193
46 193

Estimated living cost  is ₽54177 per week

₽41217
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
₽103748
₽88501
₽127038
₽91824
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
29 551
health

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

-
-
-
5 887
total
-
-
-
35 438
Employee
43 629
-
192 625
-
income
4 734
-
49 978
-
social contributions
4 371
-
4 375
-
total
9 105
-
54 353
-
Employer
43 629
-
192 625
-
social contributions
4 371
-
4 375
-
total
4 371
-
4 375
-
Corporate
148 999
197 000
-
-
income
52 151
68 950
-
-
total
52 151
68 950
-
-
Dividends
96 849
128 050
-
-
social contributions
5 025
5 025
-
-
total
5 025
5 025
-
-
Income
197 000
197 000
197 000
197 000
Total tax
70 652
73 975
58 728
35 438
After tax
126 348
123 025
138 272
161 562
Living cost
34 524
34 524
34 524
34 524
Free-cash
91 824
88 501
103 748
127 038

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
₽75522
₽90519
₽93185
₽96127
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
59 505
pensions
-
-
-
9 125
total
-
-
-
68 630
Employee
48 296
-
171 812
-
income
8 795
-
47 726
-
health
630
-
2 374
-
pensions
3 686
-
11 005
-
total
13 111
-
61 105
-
Employer
48 296
-
171 812
-
health
918
-
3 265
-
pensions
4 879
-
21 923
-
total
5 797
-
25 188
-
Corporate
142 907
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.

27 153
37 429
-
-
total
27 153
37 429
-
-
Dividends
115 754
159 571
-
-
withholding
19 627
33 867
-
-
total
19 627
33 867
-
-
Income
197 000
197 000
197 000
197 000
Total tax
65 688
71 296
86 293
68 630
After tax
131 312
125 704
110 707
128 370
Living cost
35 185
35 185
35 185
35 185
Free-cash
96 127
90 519
75 522
93 185

Estimated living cost  is ₽35185 per week

₽24136
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3236
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽440
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7370
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽85186
-₽6858
₽111753
₽12459
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
355
health
-
-
-
2 089
accident
-
-
-
242
income
-
-
-
55 761
pensions
-
-
-
3 985
total
-
-
-
62 432
Employee
35 889
-
179 071
-
income
4 924
-
43 259
-
pensions
4 041
-
7 307
-
health
4 109
-
20 504
-
total
13 074
-
71 070
-
Employer
35 889
-
179 071
-
unemployment
879
-
4 387
-
accident
599
-
2 990
-
pensions
5 835
-
10 552
-
total
7 313
-
17 929
-
Corporate
153 797
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.

138 417
177 300
-
-
total
138 417
177 300
-
-
Dividends
15 380
19 700
-
-
withholding
2 922
3 743
-
-
total
2 922
3 743
-
-
Income
197 000
197 000
197 000
197 000
Total tax
161 726
181 043
88 999
62 432
After tax
35 274
15 957
108 001
134 568
Living cost
22 815
22 815
22 815
22 815
Free-cash
12 459
-6 858
85 186
111 753

Estimated living cost  is ₽22815 per week

₽16744
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1329
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4282
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Poland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should use a business incubator or set up a company and hire themselves as an employee.

Source of data for Warsaw model

Close
Skopje , Macedonia
₽130362
₽137878
₽109481
₽135005
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
32 930
health insurance
-
-
-
11 238
work injury
-
-
-
759
pensions
-
-
-
27 943
unemployment
-
-
-
1 822
total
-
-
-
74 692
Employee

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

20 523
-
197 000
-
income
2 052
-
32 930
-
work injury
103
-
380
-
health insurance
1 519
-
5 619
-
pensions
3 776
-
13 971
-
unemployment
246
-
911
-
total
7 696
-
53 811
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
176 477
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%.

17 648
19 700
-
-
total
17 648
19 700
-
-
Dividends
158 829
177 300
-
-
withholding
23 824
26 595
-
-
total
23 824
26 595
-
-
Income
197 000
197 000
197 000
197 000
Total tax
49 168
46 295
53 811
74 692
After tax
147 832
150 705
143 189
122 308
Living cost
12 827
12 827
12 827
12 827
Free-cash
135 005
137 878
130 362
109 481

Estimated living cost  is ₽12827 per week

₽7946
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.
₽3548
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45767
₽65879
₽53595
₽61552
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
47 601
national
-
-
-
51 914
regional
-
-
-
4 657
municipal
-
-
-
1 345
total
-
-
-
105 517
Employee
80 143
-
197 000
-
social contributions
27 024
-
62 406
-
municipal
478
-
1 211
-
national
13 543
-
45 563
-
regional
1 210
-
4 165
-
total
42 255
-
113 345
-
Employer
80 143
-
197 000
-
total
-
-
-
-
Corporate
116 857
197 000
-
-
nationa
28 045
47 279
-
-
municipal
5 633
9 495
-
-
total
33 678
56 774
-
-
Dividends
83 179
140 225
-
-
withholding
21 627
36 459
-
-
total
21 627
36 459
-
-
Income
197 000
197 000
197 000
197 000
Total tax
97 560
93 233
113 345
105 517
After tax
99 440
103 767
83 655
91 483
Living cost
37 888
37 888
37 888
37 888
Free-cash
61 552
65 879
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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