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
₽69020
₽93185
₽69483
₽80086
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
63 197
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.

-
-
-
3 477
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.

-
-
-
6 835
trade
-
-
-
23 702
total
-
-
-
97 211
Employee

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

38 269
-
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.

59
-
3 477
-
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.

1 069
-
63 197
-
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.

6 835
-
6 835
-
total
7 963
-
73 509
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
158 731
197 000
-
-
income
23 810
29 550
-
-
surtax

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

1 310
1 625
-
-
chamber of commerce
380
435
-
-
trade
25 000
31 027
-
-
total
50 500
62 637
-
-
Dividends
108 231
134 363
-
-
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.

1 468
1 827
-
-
withholding
26 677
33 210
-
-
total
28 145
35 037
-
-
Income
197 000
197 000
197 000
197 000
Total tax
86 608
97 674
73 509
97 211
After tax
110 392
99 326
123 491
99 789
Living cost
30 306
30 306
30 306
30 306
Free-cash
80 086
69 020
93 185
69 483

Estimated living cost  is ₽30306 per week

₽19063
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3534
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽566
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7143
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69877
₽63015
₽61957
₽68995
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
21 671
national
-
-
-
34 563
pensions
-
-
-
23 640
total
-
-
-
81 992
Employee
82 238
-
170 305
-
municipal
10 158
-
22 434
-
pensions
3 290
-
6 812
-
national
15 740
-
36 233
-
total
29 188
-
65 479
-
Employer
82 238
-
170 305
-
pensions
6 579
-
13 624
-
social contributions
884
-
1 831
-
total
7 463
-
15 455
-
Corporate
101 871
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%.

20 374
39 400
-
-
total
20 374
39 400
-
-
Dividends
81 497
157 600
-
-
withholding
17 929
34 672
-
-
total
17 929
34 672
-
-
Income
197 000
197 000
197 000
197 000
Total tax
74 954
74 072
80 934
81 992
After tax
122 046
122 928
116 066
115 008
Living cost
53 051
53 051
53 051
53 051
Free-cash
68 995
69 877
63 015
61 957

Estimated living cost  is ₽53051 per week

₽36058
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4931
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽794
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11267
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽136784
₽63358
₽48950
₽128579
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
38 665
surtax
-
-
-
50 234
social contributions

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

-
-
-
38 335
microenterprise
-
-
-
-
total
-
-
-
127 234
Employee
29 236
-
151 598
-
surtax
-
-
21 981
-
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.

3 216
-
13 116
-
income
5 204
-
32 327
-
total
8 420
-
67 424
-
Employer
29 236
-
151 598
-
social contributions

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

7 042
-
28 726
-
surtax
-
-
16 676
-
total
7 042
-
45 402
-
Corporate
160 721
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%.

32 143
39 400
-
-
total
32 143
39 400
-
-
Dividends

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

128 578
157 600
-
-
total
-
-
-
-
Income
197 000
197 000
197 000
197 000
Total tax
47 605
39 400
112 826
127 234
After tax
149 395
157 600
84 174
69 766
Living cost
20 816
20 816
20 816
20 816
Free-cash
128 579
136 784
63 358
48 950

Estimated living cost  is ₽20816 per week

₽13280
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1982
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽473
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5081
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55927
₽83419
₽65402
₽49799
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
65 623
health
-
-
-
12 338
pensions
-
-
-
11 723
total
-
-
-
89 684
Employee
85 442
85 442
178 406
-
pensions
15 380
11 723
11 723
-
income

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

13 986
13 986
29 012
-
health
13 114
11 155
12 338
-
total
42 480
36 864
53 073
-
Employer
85 442
85 442
178 406
-
health
5 939
5 939
7 380
-
pensions
5 947
5 947
7 392
-
unemployment
3 076
3 076
3 822
-
total
14 962
14 962
18 594
-
Corporate
97 644
96 596
-
-
income
19 528
19 319
-
-
total
19 528
19 319
-
-
Dividends
78 116
77 276
-
-
income
16 600
16 422
-
-
withholding
11 717
11 592
-
-
total
28 317
28 014
-
-
Income
197 000
197 000
197 000
197 000
Total tax
105 287
99 159
71 667
89 684
After tax
91 713
97 841
125 333
107 316
Living cost
41 914
41 914
41 914
41 914
Free-cash
49 799
55 927
83 419
65 402

Estimated living cost  is ₽41914 per week

₽29704
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3778
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽666
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7766
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66461
₽58101
₽59097
₽65539
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
180
other
-
-
-
10 467
unemployment
-
-
-
90
health
-
-
-
5 621
municipal
-
-
-
50 964
national
-
-
-
19 742
pensions
-
-
-
9 738
total
-
-
-
96 802
Employee
58 565
-
168 697
-
municipal
17 464
-
50 305
-
national
-
-
19 190
-
total
17 464
-
69 495
-
Employer
58 565
-
168 697
-
health
3 602
-
5 540
-
pensions
6 331
-
9 738
-
accident
117
-
180
-
unemployment
1 546
-
2 378
-
other
6 805
-
10 467
-
total
18 401
-
28 303
-
Corporate
120 034
197 000
-
-
income
26 407
43 340
-
-
total
26 407
43 340
-
-
Dividends
93 626
153 660
-
-
withholding
28 088
46 098
-
-
total
28 088
46 098
-
-
Income
197 000
197 000
197 000
197 000
Total tax
90 360
89 438
97 798
96 802
After tax
106 640
107 562
99 202
100 198
Living cost
41 101
41 101
41 101
41 101
Free-cash
65 539
66 461
58 101
59 097

Estimated living cost  is ₽41101 per week

₽27240
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4033
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽624
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9204
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59005
₽84186
₽59432
₽73063
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
63 197
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.

-
-
-
3 477
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.

-
-
-
6 835
trade
-
-
-
24 754
total
-
-
-
98 263
Employee

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

50 740
-
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.

239
-
3 477
-
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.

4 359
-
63 197
-
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.

6 835
-
6 835
-
total
11 433
-
73 509
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
146 260
197 000
-
-
income
21 940
29 550
-
-
surtax

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

1 208
1 625
-
-
chamber of commerce
361
433
-
-
trade
24 061
32 407
-
-
total
47 570
64 015
-
-
Dividends
98 692
132 985
-
-
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.

1 337
1 808
-
-
withholding
24 292
32 867
-
-
total
25 629
34 675
-
-
Income
197 000
197 000
197 000
197 000
Total tax
84 632
98 690
73 509
98 263
After tax
112 368
98 310
123 491
98 737
Living cost
39 305
39 305
39 305
39 305
Free-cash
73 063
59 005
84 186
59 432

Estimated living cost  is ₽39305 per week

₽26288
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4145
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽587
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8286
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽111194
₽99482
₽101157
₽107043
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
42 178
social contributions
-
-
-
16 188
health
-
-
-
5 024
total
-
-
-
63 390
Employee
76 937
76 937
184 966
-
social contributions
3 739
6 385
8 613
-
income
8 079
7 122
41 274
-
health
765
1 308
3 144
-
total
12 583
14 815
53 031
-
Employer
76 937
76 937
184 966
-
health
834
1 424
3 421
-
social contributions
3 739
6 385
8 613
-
total
4 573
7 809
12 034
-
Corporate
147 392
112 254
-
-
income
18 423
14 032
-
-
total
18 423
14 032
-
-
Dividends
128 969
98 222
-
-
withholding
21 925
16 697
-
-
total
21 925
16 697
-
-
Income
197 000
197 000
197 000
197 000
Total tax
57 504
53 353
65 065
63 390
After tax
139 496
143 647
131 935
133 610
Living cost
32 453
32 453
32 453
32 453
Free-cash
107 043
111 194
99 482
101 157

Estimated living cost  is ₽32453 per week

₽22185
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2535
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7189
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92254
₽95832
₽118101
₽92637
S + D Salary + Dividends

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

Dividends

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

Salary

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

26 520
10 554
164 854
-
unemployment
398
158
2 473
-
pensions
2 652
1 055
16 485
-
income
3 242
1 290
20 153
-
health
1 856
739
11 540
-
total
8 148
3 242
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.

26 520
10 554
164 854
-
pensions
5 171
2 058
32 146
-
total
5 171
2 058
32 146
-
Corporate
165 309
184 387
-
-
income
14 878
16 595
-
-
total
14 878
16 595
-
-
Dividends
150 431
167 793
-
-
social contributions
29 213
32 599
-
-
withholding
28 582
31 881
-
-
total
57 795
64 480
-
-
Income
197 000
197 000
197 000
197 000
Total tax
85 992
86 375
82 797
60 528
After tax
111 008
110 625
114 203
136 472
Living cost
18 371
18 371
18 371
18 371
Free-cash
92 637
92 254
95 832
118 101

Estimated living cost  is ₽18371 per week

₽12537
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1503
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽367
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3964
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽133433
₽89381
₽81425
₽127217
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 398
health
-
-
-
25 610
pensions
-
-
-
39 400
total
-
-
-
91 408
Employee
28 384
-
147 235
-
unemployment
454
-
2 356
-
pensions
568
-
2 945
-
income
3 196
-
28 386
-
total
4 218
-
33 687
-
Employer
28 384
-
147 235
-
health
3 689
-
19 141
-
pensions
5 677
-
29 447
-
unemployment
228
-
1 177
-
total
9 594
-
49 765
-
Corporate
159 022
197 000
-
-
income
31 804
39 400
-
-
total
31 804
39 400
-
-
Dividends
127 218
157 600
-
-
total
-
-
-
-
Income
197 000
197 000
197 000
197 000
Total tax
45 616
39 400
83 452
91 408
After tax
151 384
157 600
113 548
105 592
Living cost
24 167
24 167
24 167
24 167
Free-cash
127 217
133 433
89 381
81 425

Estimated living cost  is ₽24167 per week

₽16576
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1439
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5666
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6345
₽85352
₽112301
₽12536
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
256
income
-
-
-
55 336
other
-
-
-
376
health
-
-
-
2 211
pensions
-
-
-
4 218
total
-
-
-
62 397
Employee
35 083
-
178 478
-
pensions
3 950
-
7 734
-
income
4 813
-
42 654
-
health
4 017
-
20 435
-
total
12 780
-
70 823
-
Employer
35 083
-
178 478
-
pensions
5 705
-
11 169
-
accident
586
-
2 981
-
unemployment
859
-
4 373
-
total
7 150
-
18 523
-
Corporate
154 768
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.

139 291
177 300
-
-
total
139 291
177 300
-
-
Dividends
15 477
19 700
-
-
withholding
2 941
3 743
-
-
total
2 941
3 743
-
-
Income
197 000
197 000
197 000
197 000
Total tax
162 162
181 043
89 346
62 397
After tax
34 838
15 957
107 654
134 603
Living cost
22 302
22 302
22 302
22 302
Free-cash
12 536
-6 345
85 352
112 301

Estimated living cost  is ₽22302 per week

₽16346
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1236
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4256
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽179085
₽149535
₽186965
₽177573
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
10 081
-
197 000
-
income
2 016
-
39 400
-
total
2 016
-
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%.

186 919
197 000
-
-
total
-
-
-
-
Dividends
186 919
197 000
-
-
withholding
9 346
9 850
-
-
total
9 346
9 850
-
-
Income
197 000
197 000
197 000
197 000
Total tax
11 362
9 850
39 400
1 970
After tax
185 638
187 150
157 600
195 030
Living cost
8 065
8 065
8 065
8 065
Free-cash
177 573
179 085
149 535
186 965

Estimated living cost  is ₽8065 per week

₽4998
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽670
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽222
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2175
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽118076
₽85805
₽87495
₽111317
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
32 407
other
-
-
-
7 227
health
-
-
-
6 695
pensions

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

-
-
-
36 516
total
-
-
-
82 845
Employee
36 329
-
158 608
-
unemployment
363
-
1 521
-
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.

2 542
-
10 650
-
income
6 254
-
31 843
-
health
509
-
2 130
-
total
9 668
-
46 144
-
Employer
36 329
-
158 608
-
health
509
-
2 130
-
pensions

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

6 177
-
25 866
-
accident
291
-
1 268
-
unemployment
363
-
1 521
-
other
1 817
-
7 606
-
total
9 157
-
38 391
-
Corporate
151 516
197 000
-
-
income
31 819
41 369
-
-
total
31 819
41 369
-
-
Dividends
119 697
155 631
-
-
withholding
8 379
10 895
-
-
total
8 379
10 895
-
-
Income
197 000
197 000
197 000
197 000
Total tax
59 023
52 264
84 535
82 845
After tax
137 977
144 736
112 465
114 155
Living cost
26 660
26 660
26 660
26 660
Free-cash
111 317
118 076
85 805
87 495

Estimated living cost  is ₽26660 per week

₽18837
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1800
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽429
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5594
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60221
₽44926
₽62632
₽67654
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
58 671
pensions
-
-
-
9 369
total
-
-
-
68 040
Employee
93 844
-
171 884
-
pensions
9 053
-
11 360
-
income
16 916
-
46 866
-
health
1 546
-
2 405
-
total
27 515
-
60 631
-
Employer
93 844
-
171 884
-
health
1 782
-
3 265
-
pensions
11 080
-
21 850
-
total
12 862
-
25 115
-
Corporate
90 294
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.

17 157
37 430
-
-
total
17 157
37 430
-
-
Dividends
73 137
159 570
-
-
withholding
5 484
33 021
-
-
total
5 484
33 021
-
-
Income
197 000
197 000
197 000
197 000
Total tax
63 018
70 451
85 746
68 040
After tax
133 982
126 549
111 254
128 960
Living cost
66 328
66 328
66 328
66 328
Free-cash
67 654
60 221
44 926
62 632

Estimated living cost  is ₽66328 per week

₽49701
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7793
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8295
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽155322
₽152958
₽145008
₽150676
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
29 550
unemployment
-
-
-
140
health
-
-
-
4 018
pensions

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

-
-
-
5 171
total
-
-
-
38 879
Employee
17 364
-
190 146
-
accident

We are using the highest rate at 1.1%.

191
-
384
-
pensions

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

1 525
-
3 068
-
income
1 736
-
19 015
-
health
799
-
1 607
-
total
4 251
-
24 074
-
Employer
17 364
-
190 146
-
health
1 198
-
2 411
-
pensions

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

1 914
-
3 850
-
accident

We are using the highest rate at 1.1%.

191
-
384
-
unemployment
104
-
210
-
total
3 407
-
6 855
-
Corporate
176 229
197 000
-
-
income
17 623
19 700
-
-
total
17 623
19 700
-
-
Dividends
158 606
177 300
-
-
withholding
7 930
8 865
-
-
total
7 930
8 865
-
-
Income
197 000
197 000
197 000
197 000
Total tax
33 211
28 565
30 929
38 879
After tax
163 789
168 435
166 071
158 121
Living cost
13 113
13 113
13 113
13 113
Free-cash
150 676
155 322
152 958
145 008

Estimated living cost  is ₽13113 per week

₽7656
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽936
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽347
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4174
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42359
₽69851
₽51834
₽44876
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
65 623
health
-
-
-
12 338
pensions
-
-
-
11 723
total
-
-
-
89 684
Employee
92 763
85 442
178 406
-
pensions
11 723
11 723
11 723
-
income

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

13 986
13 986
29 012
-
health
11 573
11 155
12 338
-
total
37 282
36 864
53 073
-
Employer
92 763
85 442
178 406
-
health
6 446
5 939
7 380
-
pensions
6 456
5 947
7 392
-
unemployment
3 340
3 076
3 822
-
total
16 242
14 962
18 594
-
Corporate
87 995
96 596
-
-
income
17 599
19 319
-
-
total
17 599
19 319
-
-
Dividends
70 396
77 276
-
-
income
14 960
16 422
-
-
withholding
10 559
11 592
-
-
total
25 519
28 014
-
-
Income
197 000
197 000
197 000
197 000
Total tax
96 642
99 159
71 667
89 684
After tax
100 358
97 841
125 333
107 316
Living cost
55 482
55 482
55 482
55 482
Free-cash
44 876
42 359
69 851
51 834

Estimated living cost  is ₽55482 per week

₽40927
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4956
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽636
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8964
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽110775
₽80487
₽88728
₽101906
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
20 195
social contributions
-
-
-
35 773
solidarity contribution
-
-
-
849
health
-
-
-
26 595
total
-
-
-
83 412
Employee
36 559
-
152 635
-
solidarity contribution
-
-
109
-
social contributions
2 376
-
7 963
-
income
4 387
-
18 610
-
health
4 936
-
20 606
-
total
11 699
-
47 288
-
Employer
36 559
-
152 635
-
health
3 290
-
13 737
-
social contributions
9 140
-
30 628
-
total
12 430
-
44 365
-
Corporate
148 011
197 000
-
-
income
28 122
37 430
-
-
total
28 122
37 430
-
-
Dividends
119 889
159 570
-
-
withholding
17 983
23 935
-
-
total
17 983
23 935
-
-
Income
197 000
197 000
197 000
197 000
Total tax
70 234
61 365
91 653
83 412
After tax
126 766
135 635
105 347
113 588
Living cost
24 860
24 860
24 860
24 860
Free-cash
101 906
110 775
80 487
88 728

Estimated living cost  is ₽24860 per week

₽17268
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1769
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5335
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62889
₽42259
₽50964
₽57664
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
50 077
regional
-
-
-
2 357
municipal
-
-
-
1 175
national
-
-
-
50 208
total
-
-
-
103 817
Employee
88 922
-
197 000
-
municipal
471
-
1 050
-
national
15 408
-
43 733
-
regional
839
-
2 087
-
social contributions
29 985
-
65 652
-
total
46 703
-
112 522
-
Employer
88 922
-
197 000
-
total
-
-
-
-
Corporate
108 078
197 000
-
-
municipal
4 215
7 682
-
-
nationa
25 938
47 280
-
-
total
30 153
54 962
-
-
Dividends
77 924
142 038
-
-
withholding
20 261
36 930
-
-
total
20 261
36 930
-
-
Income
197 000
197 000
197 000
197 000
Total tax
97 117
91 892
112 522
103 817
After tax
99 883
105 108
84 478
93 183
Living cost
42 219
42 219
42 219
42 219
Free-cash
57 664
62 889
42 259
50 964

Estimated living cost  is ₽42219 per week

₽29430
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2768
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽647
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9372
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽101833
₽64755
₽70870
₽98720
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
58 213
other
-
-
-
-
surtax
-
-
-
9 423
unemployment
-
-
-
228
health
-
-
-
9 480
pensions
-
-
-
26 707
total
-
-
-
104 051
Employee
33 087
-
168 891
-
other
-
-
-
-
unemployment
2 303
-
9 294
-
pensions
2 206
-
8 907
-
surtax
108
-
8 225
-
income
5 546
-
52 228
-
health
845
-
3 404
-
total
11 008
-
82 058
-
Employer
33 087
-
168 891
-
health
1 506
-
6 076
-
pensions
4 411
-
17 800
-
unemployment
1 048
-
4 232
-
other
-
-
-
-
total
6 965
-
28 108
-
Corporate
156 948
197 000
-
-
income
40 807
51 220
-
-
total
40 807
51 220
-
-
Dividends
116 141
145 780
-
-
withholding
17 421
21 868
-
-
total
17 421
21 868
-
-
Income
197 000
197 000
197 000
197 000
Total tax
76 201
73 088
110 166
104 051
After tax
120 799
123 912
86 834
92 949
Living cost
22 079
22 079
22 079
22 079
Free-cash
98 720
101 833
64 755
70 870

Estimated living cost  is ₽22079 per week

₽13500
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2037
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽509
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6032
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81236
₽65941
₽83647
₽87786
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
58 671
pensions
-
-
-
9 369
total
-
-
-
68 040
Employee
62 892
-
171 884
-
pensions
5 338
-
11 360
-
income
11 327
-
46 866
-
health
913
-
2 405
-
total
17 578
-
60 631
-
Employer
62 892
-
171 884
-
health
1 195
-
3 265
-
pensions
6 808
-
21 850
-
total
8 003
-
25 115
-
Corporate
126 106
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.

23 960
37 430
-
-
total
23 960
37 430
-
-
Dividends
102 145
159 570
-
-
withholding
14 360
33 021
-
-
total
14 360
33 021
-
-
Income
197 000
197 000
197 000
197 000
Total tax
63 901
70 451
85 746
68 040
After tax
133 099
126 549
111 254
128 960
Living cost
45 313
45 313
45 313
45 313
Free-cash
87 786
81 236
65 941
83 647

Estimated living cost  is ₽45313 per week

₽33948
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3396
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7494
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽10838
₽70400
₽79034
₽44743
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
3 940
regional
-
-
-
10 201
health
-
-
-
444
city
-
-
-
2 076
national
-
-
-
3 934
pensions
-
-
-
18 125
total
-
-
-
38 720
Employee
92 738
-
176 459
-
unemployment
-
-
-
-
pensions
7 791
-
14 673
-
national
439
-
2 940
-
regional
3 037
-
8 848
-
city
995
-
1 897
-
health
210
-
397
-
total
12 472
-
28 755
-
Employer
92 738
-
176 459
-
health
210
-
397
-
pensions
7 791
-
14 673
-
unemployment
-
-
-
-
other

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

1 854
-
3 529
-
total
9 855
-
18 599
-
Corporate
93 387
197 000
-
-
regional
19 751
41 665
-
-
national
7 938
16 745
-
-
total
27 689
58 410
-
-
Dividends
65 698
138 590
-
-
withholding
22 995
48 506
-
-
total
22 995
48 506
-
-
Income
197 000
197 000
197 000
197 000
Total tax
73 011
106 916
47 354
38 720
After tax
123 989
90 084
149 646
158 280
Living cost
79 246
79 246
79 246
79 246
Free-cash
44 743
10 838
70 400
79 034

Estimated living cost  is ₽79246 per week

₽51533
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7111
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽973
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19629
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽51463
₽77656
₽51849
₽67687
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
63 197
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.

-
-
-
3 477
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.

-
-
-
6 835
trade
-
-
-
25 807
total
-
-
-
99 316
Employee

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

60 131
-
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.

389
-
3 477
-
income

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

7 071
-
63 197
-
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.

6 835
-
6 835
-
total
14 295
-
73 509
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
136 869
197 000
-
-
income
20 531
29 550
-
-
surtax

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

1 130
1 625
-
-
chamber of commerce
344
429
-
-
trade
23 474
33 786
-
-
total
45 479
65 390
-
-
Dividends
91 391
131 610
-
-
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.

1 236
1 789
-
-
withholding
22 468
32 523
-
-
total
23 704
34 312
-
-
Income
197 000
197 000
197 000
197 000
Total tax
83 478
99 702
73 509
99 316
After tax
113 522
97 298
123 491
97 684
Living cost
45 835
45 835
45 835
45 835
Free-cash
67 687
51 463
77 656
51 849

Estimated living cost  is ₽45835 per week

₽33476
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3666
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽596
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8098
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65053
₽71677
₽76001
₽70966
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
32 917
other
-
-
-
6 106
surtax
-
-
-
-
social contributions
-
-
-
5 615
health
-
-
-
8 979
pensions
-
-
-
33 150
total
-
-
-
86 767
Employee
42 822
-
151 492
-
pensions
4 842
-
10 937
-
surtax
-
-
-
-
social contributions
1 221
-
4 316
-
income
2 527
-
30 333
-
total
8 590
-
45 586
-
Employer
42 822
-
151 492
-
health
2 998
-
14 494
-
pensions
7 035
-
18 340
-
unemployment
1 734
-
6 135
-
social contributions
129
-
454
-
other
1 477
-
6 082
-
total
13 373
-
45 505
-
Corporate
140 806
197 000
-
-
income
39 425
55 160
-
-
surtax
-
-
-
-
total
39 425
55 160
-
-
Dividends
101 381
141 840
-
-
surtax
-
-
-
-
social contributions
17 438
24 399
-
-
withholding
12 976
18 156
-
-
total
30 414
42 555
-
-
Income
197 000
197 000
197 000
197 000
Total tax
91 802
97 715
91 091
86 767
After tax
105 198
99 285
105 909
110 233
Living cost
34 232
34 232
34 232
34 232
Free-cash
70 966
65 053
71 677
76 001

Estimated living cost  is ₽34232 per week

₽21585
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2784
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽583
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9283
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68445
₽75069
₽79393
₽74008
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
32 917
other
-
-
-
6 106
surtax
-
-
-
-
social contributions
-
-
-
5 615
health
-
-
-
8 979
pensions
-
-
-
33 150
total
-
-
-
86 767
Employee
38 224
-
151 492
-
pensions
4 323
-
10 937
-
surtax
-
-
-
-
social contributions
1 090
-
4 316
-
income
1 971
-
30 333
-
total
7 384
-
45 586
-
Employer
38 224
-
151 492
-
health
2 675
-
14 494
-
pensions
6 281
-
18 340
-
unemployment
1 547
-
6 135
-
social contributions
114
-
454
-
other
1 320
-
6 082
-
total
11 937
-
45 505
-
Corporate
146 838
197 000
-
-
income
41 115
55 160
-
-
surtax
-
-
-
-
total
41 115
55 160
-
-
Dividends
105 724
141 840
-
-
surtax
-
-
-
-
social contributions
18 184
24 399
-
-
withholding
13 532
18 156
-
-
total
31 716
42 555
-
-
Income
197 000
197 000
197 000
197 000
Total tax
92 152
97 715
91 091
86 767
After tax
104 848
99 285
105 909
110 233
Living cost
30 840
30 840
30 840
30 840
Free-cash
74 008
68 445
75 069
79 393

Estimated living cost  is ₽30840 per week

₽17886
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3133
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽585
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9237
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98971
₽100625
₽105297
₽99492
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
29 550
social contributions
-
-
-
27 186
health
-
-
-
13 751
total
-
-
-
70 487
Employee
33 924
-
197 000
-
social contributions
4 682
-
27 186
-
income
5 658
-
34 222
-
health
2 368
-
13 751
-
total
12 708
-
75 159
-
Employer
33 924
-
197 000
-
total
-
-
-
-
Corporate
163 076
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%.

8 153
9 851
-
-
total
8 153
9 851
-
-
Dividends
154 923
187 149
-
-
social contributions
21 380
25 826
-
-
withholding
23 238
28 073
-
-
health
10 813
13 063
-
-
total
55 431
66 962
-
-
Income
197 000
197 000
197 000
197 000
Total tax
76 292
76 813
75 159
70 487
After tax
120 708
120 187
121 841
126 513
Living cost
21 216
21 216
21 216
21 216
Free-cash
99 492
98 971
100 625
105 297

Estimated living cost  is ₽21216 per week

₽14199
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1308
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5220
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73547
₽16686
₽65911
₽72003
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
58 146
surtax
-
-
-
197
unemployment
-
-
-
6 137
chamber of commerce
-
-
-
788
health
-
-
-
8 941
pensions
-
-
-
21 625
total
-
-
-
95 834
Employee
50 003
39 873
160 015
-
other
499
399
1 170
-
unemployment
1 500
1 196
3 507
-
pensions
5 121
4 082
11 970
-
income
5 692
2 941
47 850
-
health
1 935
1 544
4 523
-
total
14 747
10 162
69 020
-
Employer
50 003
39 873
160 015
-
chamber of commerce
199
159
640
-
health
1 889
1 508
4 418
-
pensions
6 275
5 005
14 669
-
accident
649
518
1 519
-
unemployment
1 500
1 196
3 507
-
surtax
197
197
197
-
payroll
1 500
1 196
4 800
-
other
2 375
1 893
7 234
-
total
14 584
11 672
36 984
-
Corporate
132 411
145 454
156 217
-
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.

33 102
36 364
39 055
-
total
33 102
36 364
39 055
-
Dividends
99 309
109 089
-
-
withholding
27 309
30 000
-
-
total
27 309
30 000
-
-
Income
197 000
197 000
197 000
197 000
Total tax
89 742
88 198
145 059
95 834
After tax
107 258
108 802
51 941
101 166
Living cost
35 255
35 255
35 255
35 255
Free-cash
72 003
73 547
16 686
65 911

Estimated living cost  is ₽35255 per week

₽23514
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3008
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽579
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8155
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73193
₽31724
₽49061
₽58646
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
communal

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

-
-
-
10 323
social contributions
-
-
-
24 945
national
-
-
-
76 190
total
-
-
-
111 458
Employee

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

71 569
-
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.

623
-
1 327
-
communal

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

3 733
-
7 958
-
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.

5 368
-
11 444
-
national
22 003
-
56 481
-
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.

3 363
-
7 171
-
total
35 090
-
84 381
-
Employer

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

71 569
-
152 579
-
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.

4 401
-
9 383
-
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.

6 342
-
13 519
-
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.

930
-
1 984
-
unemployment

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

1 044
-
2 227
-
surtax
8 115
-
17 301
-
total
20 832
-
44 414
-
Corporate
104 598
197 000
-
-
income
20 920
40 042
-
-
surtax
418
801
-
-
total
21 338
40 843
-
-
Dividends
83 260
156 157
-
-
withholding

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

24 613
46 483
-
-
total
24 613
46 483
-
-
Income
197 000
197 000
197 000
197 000
Total tax
101 873
87 326
128 795
111 458
After tax
95 127
109 674
68 205
85 542
Living cost
36 481
36 481
36 481
36 481
Free-cash
58 646
73 193
31 724
49 061

Estimated living cost  is ₽36481 per week

₽23499
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3190
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.
₽9222
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94929
₽69991
₽74189
₽88077
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
835
income
-
-
-
58 856
other
-
-
-
93
unemployment
-
-
-
649
pensions
-
-
-
26 244
total
-
-
-
86 677
Employee
49 805
-
167 435
-
other
49
-
93
-
unemployment
773
-
1 437
-
pensions
2 341
-
4 359
-
income
10 508
-
55 421
-
total
13 671
-
61 310
-
Employer
49 805
-
167 435
-
pensions
11 753
-
21 887
-
accident
985
-
1 836
-
unemployment
2 740
-
5 100
-
other
397
-
742
-
total
15 875
-
29 565
-
Corporate
131 320
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.

19 697
29 550
-
-
total
19 697
29 550
-
-
Dividends
111 623
167 450
-
-
withholding
23 546
36 387
-
-
total
23 546
36 387
-
-
Income
197 000
197 000
197 000
197 000
Total tax
72 789
65 937
90 875
86 677
After tax
124 211
131 063
106 125
110 323
Living cost
36 134
36 134
36 134
36 134
Free-cash
88 077
94 929
69 991
74 189

Estimated living cost  is ₽36134 per week

₽26609
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2563
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6440
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59319
₽48552
₽40699
₽45888
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
communal
-
-
-
12 450
accident
-
-
-
1 661
income
-
-
-
34 678
surtax
-
-
-
9 767
health
-
-
-
13 842
pensions
-
-
-
29 529
total
-
-
-
101 927
Employee
75 770
-
175 972
-
pensions
6 061
-
14 077
-
surtax
4 644
-
10 785
-
income
7 319
-
40 351
-
health
3 372
-
7 832
-
total
21 396
-
73 045
-
Employer
75 770
-
175 972
-
health
2 311
-
5 368
-
pensions
6 061
-
14 077
-
accident
682
-
1 584
-
total
9 054
-
21 029
-
Corporate
112 177
197 000
-
-
communal
7 572
13 297
-
-
income
16 826
29 550
-
-
surtax
1 177
2 068
-
-
total
25 575
44 915
-
-
Dividends
86 601
152 086
-
-
income
27 722
15 579
-
-
withholding
12 991
22 813
-
-
total
40 713
38 392
-
-
Income
197 000
197 000
197 000
197 000
Total tax
96 738
83 307
94 074
101 927
After tax
100 262
113 693
102 926
95 073
Living cost
54 374
54 374
54 374
54 374
Free-cash
45 888
59 319
48 552
40 699

Estimated living cost  is ₽54374 per week

₽40788
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3294
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9714
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽101439
₽64361
₽70476
₽98258
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
58 213
other
-
-
-
-
surtax
-
-
-
9 423
unemployment
-
-
-
228
health
-
-
-
9 480
pensions
-
-
-
26 707
total
-
-
-
104 051
Employee
33 695
-
168 891
-
other
-
-
-
-
unemployment
2 345
-
9 294
-
pensions
2 248
-
8 907
-
surtax
120
-
8 225
-
income
5 649
-
52 228
-
health
860
-
3 404
-
total
11 222
-
82 058
-
Employer
33 695
-
168 891
-
health
1 532
-
6 076
-
pensions
4 492
-
17 800
-
unemployment
1 069
-
4 232
-
other
-
-
-
-
total
7 093
-
28 108
-
Corporate
156 212
197 000
-
-
income
40 615
51 220
-
-
total
40 615
51 220
-
-
Dividends
115 596
145 780
-
-
withholding
17 339
21 868
-
-
total
17 339
21 868
-
-
Income
197 000
197 000
197 000
197 000
Total tax
76 269
73 088
110 166
104 051
After tax
120 731
123 912
86 834
92 949
Living cost
22 473
22 473
22 473
22 473
Free-cash
98 258
101 439
64 361
70 476

Estimated living cost  is ₽22473 per week

₽13568
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1954
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6431
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76595
₽56946
₽65606
₽74373
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
50 077
regional
-
-
-
2 982
municipal
-
-
-
1 175
national
-
-
-
50 208
total
-
-
-
104 442
Employee
55 502
-
197 000
-
municipal
294
-
1 050
-
national
8 793
-
43 733
-
regional
747
-
2 667
-
social contributions
18 716
-
65 652
-
total
28 550
-
113 102
-
Employer
55 502
-
197 000
-
total
-
-
-
-
Corporate
141 498
197 000
-
-
municipal
7 033
9 792
-
-
nationa
33 960
47 280
-
-
total
40 993
57 072
-
-
Dividends
100 505
139 928
-
-
withholding
26 132
36 381
-
-
total
26 132
36 381
-
-
Income
197 000
197 000
197 000
197 000
Total tax
95 675
93 453
113 102
104 442
After tax
101 325
103 547
83 898
92 558
Living cost
26 952
26 952
26 952
26 952
Free-cash
74 373
76 595
56 946
65 606

Estimated living cost  is ₽26952 per week

₽16762
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2730
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.
₽6999
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽105001
₽74713
₽82954
₽94071
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
20 195
social contributions
-
-
-
35 773
solidarity contribution
-
-
-
849
health
-
-
-
26 595
total
-
-
-
83 412
Employee
45 050
-
152 635
-
solidarity contribution
-
-
109
-
social contributions
2 928
-
7 963
-
income
5 406
-
18 610
-
health
6 082
-
20 606
-
total
14 416
-
47 288
-
Employer
45 050
-
152 635
-
health
4 055
-
13 737
-
social contributions
11 263
-
30 628
-
total
15 318
-
44 365
-
Corporate
136 632
197 000
-
-
income
25 960
37 430
-
-
total
25 960
37 430
-
-
Dividends
110 672
159 570
-
-
withholding
16 601
23 935
-
-
total
16 601
23 935
-
-
Income
197 000
197 000
197 000
197 000
Total tax
72 295
61 365
91 653
83 412
After tax
124 705
135 635
105 347
113 588
Living cost
30 634
30 634
30 634
30 634
Free-cash
94 071
105 001
74 713
82 954

Estimated living cost  is ₽30634 per week

₽22782
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1697
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5626
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76988
₽20071
₽69442
₽76492
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
58 146
surtax
-
-
-
-
unemployment
-
-
-
6 137
chamber of commerce
-
-
-
788
health
-
-
-
8 941
pensions
-
-
-
21 625
total
-
-
-
95 637
Employee
43 737
39 873
160 199
-
other
437
399
1 170
-
unemployment
1 312
1 196
3 507
-
pensions
4 479
4 082
11 970
-
income
3 896
2 941
47 937
-
health
1 692
1 544
4 523
-
total
11 816
10 162
69 107
-
Employer
43 737
39 873
160 199
-
chamber of commerce
175
159
640
-
health
1 654
1 508
4 418
-
pensions
5 489
5 005
14 669
-
accident
568
518
1 519
-
unemployment
1 312
1 196
3 507
-
surtax
-
-
-
-
payroll
1 312
1 196
4 806
-
other
2 077
1 893
7 242
-
total
12 587
11 475
36 801
-
Corporate
140 677
145 651
156 402
-
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.

35 170
36 414
39 100
-
total
35 170
36 414
39 100
-
Dividends
105 507
109 237
-
-
withholding
29 014
30 040
-
-
total
29 014
30 040
-
-
Income
197 000
197 000
197 000
197 000
Total tax
88 587
88 091
145 008
95 637
After tax
108 413
108 909
51 992
101 363
Living cost
31 921
31 921
31 921
31 921
Free-cash
76 492
76 988
20 071
69 442

Estimated living cost  is ₽31921 per week

₽19149
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3260
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽570
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8943
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽174582
₽145032
₽182462
₽172226
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 710
-
197 000
-
income
3 142
-
39 400
-
total
3 142
-
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%.

181 290
197 000
-
-
total
-
-
-
-
Dividends
181 290
197 000
-
-
withholding
9 064
9 850
-
-
total
9 064
9 850
-
-
Income
197 000
197 000
197 000
197 000
Total tax
12 206
9 850
39 400
1 970
After tax
184 794
187 150
157 600
195 030
Living cost
12 568
12 568
12 568
12 568
Free-cash
172 226
174 582
145 032
182 462

Estimated living cost  is ₽12568 per week

₽8505
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽528
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽421
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3114
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽108799
₽63106
₽67586
₽100426
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
46 918
unemployment
-
-
-
296
health
-
-
-
19 386
pensions
-
-
-
35 977
total
-
-
-
102 577
Employee

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

44 244
-
170 460
-
unemployment
63
-
239
-
pensions
6 858
-
26 421
-
income
7 630
-
42 844
-
health
2 858
-
11 013
-
total
17 409
-
80 517
-
Employer

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

44 244
-
170 460
-
health
2 947
-
11 352
-
pensions
3 915
-
15 085
-
unemployment
27
-
103
-
total
6 889
-
26 540
-
Corporate
145 867
197 000
-
-
income
27 716
37 429
-
-
total
27 716
37 429
-
-
Dividends
118 152
159 571
-
-
withholding
17 723
23 935
-
-
total
17 723
23 935
-
-
Income
197 000
197 000
197 000
197 000
Total tax
69 737
61 364
107 057
102 577
After tax
127 263
135 636
89 943
94 423
Living cost
26 837
26 837
26 837
26 837
Free-cash
100 426
108 799
63 106
67 586

Estimated living cost  is ₽26837 per week

₽18418
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1720
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6180
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76044
₽139832
₽92332
₽27748
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
38 399
social contributions
-
-
-
22 458
total
-
-
-
60 857
Employee
62 818
-
-
-
social contributions
5 151
-
734
-
income
13 856
-
-
-
total
19 007
-
734
-
Employer
62 818
-
-
-
social contributions
88 574
-
12 623
-
total
88 574
-
12 623
-
Corporate
45 608
197 000
-
-
income
10 034
43 340
-
-
total
10 034
43 340
-
-
Dividends
35 574
153 660
-
-
income
7 826
33 805
-
-
total
7 826
33 805
-
-
Income
197 000
197 000
197 000
197 000
Total tax
125 441
77 145
13 357
60 857
After tax
71 559
119 855
183 643
136 143
Living cost
43 811
43 811
43 811
43 811
Free-cash
27 748
76 044
139 832
92 332

Estimated living cost  is ₽43811 per week

₽28426
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4120
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.
₽10706
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80670
₽57852
₽72787
₽79663
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
24 371
surtax
-
-
-
-
social contributions

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

-
-
-
68 458
total
-
-
-
92 829
Employee
46 017
-
159 191
-
surtax
-
-
-
-
social contributions
5 062
-
17 512
-
income
9 572
-
52 445
-
total
14 634
-
69 957
-
Employer
46 017
-
159 191
-
social contributions
10 929
-
37 807
-
total
10 929
-
37 807
-
Corporate
140 054
197 000
-
-
income
29 411
41 369
-
-
surtax
-
-
-
-
total
29 411
41 369
-
-
Dividends
110 643
155 631
-
-
withholding
30 979
43 577
-
-
total
30 979
43 577
-
-
Income
197 000
197 000
197 000
197 000
Total tax
85 953
84 946
107 764
92 829
After tax
111 047
112 054
89 236
104 171
Living cost
31 384
31 384
31 384
31 384
Free-cash
79 663
80 670
57 852
72 787

Estimated living cost  is ₽31384 per week

₽23481
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1851
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5527
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50960
₽57584
₽61908
₽57837
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
32 917
other
-
-
-
6 106
surtax
-
-
-
-
social contributions
-
-
-
5 615
health
-
-
-
8 979
pensions
-
-
-
33 150
total
-
-
-
86 767
Employee
62 666
-
151 492
-
pensions
7 088
-
10 937
-
surtax
-
-
-
-
social contributions
1 785
-
4 316
-
income
5 468
-
30 333
-
total
14 341
-
45 586
-
Employer
62 666
-
151 492
-
health
4 386
-
14 494
-
pensions
10 297
-
18 340
-
unemployment
2 539
-
6 135
-
social contributions
188
-
454
-
other
2 163
-
6 082
-
total
19 573
-
45 505
-
Corporate
114 762
197 000
-
-
income
32 134
55 160
-
-
surtax
-
-
-
-
total
32 134
55 160
-
-
Dividends
82 628
141 840
-
-
surtax
-
-
-
-
social contributions
14 214
24 399
-
-
withholding
10 576
18 156
-
-
total
24 790
42 555
-
-
Income
197 000
197 000
197 000
197 000
Total tax
90 838
97 715
91 091
86 767
After tax
106 162
99 285
105 909
110 233
Living cost
48 325
48 325
48 325
48 325
Free-cash
57 837
50 960
57 584
61 908

Estimated living cost  is ₽48325 per week

₽32705
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3953
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽663
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11003
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽147225
₽119528
₽114294
₽143863
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 290
social contributions
-
-
-
43 340
total
-
-
-
52 630
Employee
32 166
-
170 562
-
income
-
-
9 871
-
social contributions
2 090
-
11 087
-
total
2 090
-
20 958
-
Employer
32 166
-
170 562
-
social contributions
4 986
-
26 438
-
total
4 986
-
26 438
-
Corporate
159 848
197 000
-
-
income
15 985
19 699
-
-
total
15 985
19 699
-
-
Dividends
143 862
177 301
-
-
total
-
-
-
-
Income
197 000
197 000
197 000
197 000
Total tax
23 061
19 699
47 396
52 630
After tax
173 939
177 301
149 604
144 370
Living cost
30 076
30 076
30 076
30 076
Free-cash
143 863
147 225
119 528
114 294

Estimated living cost  is ₽30076 per week

₽19447
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2267
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽566
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7796
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽20883
-₽20883
₽66820
-₽20883
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 691
municipal
-
-
-
41 655
national
-
-
-
23 806
pensions
-
-
-
867
total
-
-
-
82 019
Employee
203 277
203 277
203 277
-
municipal
43 287
43 287
43 287
-
labour market
16 239
16 239
16 239
-
pensions
289
289
289
-
national
24 834
24 834
24 834
-
total
84 649
84 649
84 649
-
Employer
203 277
203 277
203 277
-
national
24 877
24 877
24 877
-
labour market
16 262
16 262
16 262
-
pensions
578
578
578
-
municipal
43 356
43 356
43 356
-
total
85 073
85 073
85 073
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
197 000
197 000
197 000
197 000
Total tax
169 722
169 722
169 722
82 019
After tax
27 278
27 278
27 278
114 981
Living cost
48 161
48 161
48 161
48 161
Free-cash
-20 883
-20 883
-20 883
66 820

Estimated living cost  is ₽48161 per week

₽32962
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4260
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽741
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10198
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6016
₽85681
₽112630
₽12588
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
256
income
-
-
-
55 336
other
-
-
-
376
health
-
-
-
2 211
pensions
-
-
-
4 218
total
-
-
-
62 397
Employee
34 565
-
178 478
-
pensions
3 892
-
7 734
-
income
4 742
-
42 654
-
health
3 958
-
20 435
-
total
12 592
-
70 823
-
Employer
34 565
-
178 478
-
pensions
5 620
-
11 169
-
accident
577
-
2 981
-
unemployment
847
-
4 373
-
total
7 044
-
18 523
-
Corporate
155 390
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.

139 851
177 300
-
-
total
139 851
177 300
-
-
Dividends
15 539
19 700
-
-
withholding
2 952
3 743
-
-
total
2 952
3 743
-
-
Income
197 000
197 000
197 000
197 000
Total tax
162 439
181 043
89 346
62 397
After tax
34 561
15 957
107 654
134 603
Living cost
21 973
21 973
21 973
21 973
Free-cash
12 588
-6 016
85 681
112 630

Estimated living cost  is ₽21973 per week

₽15994
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1253
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽412
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4314
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83741
₽63068
₽85633
₽86752
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 616
municipal
-
-
-
34 990
national
-
-
-
35 347
total
-
-
-
72 953
Employee
52 641
-
165 728
-
municipal
8 622
-
26 986
-
unemployment
790
-
2 485
-
pensions
3 553
-
11 187
-
national
870
-
21 454
-
health
393
-
2 134
-
total
14 228
-
64 246
-
Employer
52 641
-
165 728
-
health
404
-
1 276
-
pensions
9 133
-
28 754
-
accident
53
-
165
-
unemployment
342
-
1 077
-
total
9 932
-
31 272
-
Corporate
134 427
197 000
-
-
income
26 886
39 400
-
-
total
26 886
39 400
-
-
Dividends

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

80 656
118 200
-
-
municipal
14 518
21 275
-
-
national
6 270
14 170
-
-
total
20 788
35 445
-
-
Income
197 000
197 000
197 000
197 000
Total tax
71 834
74 845
95 518
72 953
After tax
125 166
122 155
101 482
124 047
Living cost
38 414
38 414
38 414
38 414
Free-cash
86 752
83 741
63 068
85 633

Estimated living cost  is ₽38414 per week

₽25092
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3695
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽611
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9017
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽120482
₽108770
₽110445
₽115036
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
42 178
social contributions
-
-
-
16 188
health
-
-
-
5 024
total
-
-
-
63 390
Employee
76 937
76 937
184 966
-
social contributions
2 909
6 385
8 613
-
income
8 377
7 122
41 274
-
health
596
1 308
3 144
-
total
11 882
14 815
53 031
-
Employer
76 937
76 937
184 966
-
health
647
1 424
3 421
-
social contributions
2 909
6 385
8 613
-
total
3 556
7 809
12 034
-
Corporate
158 396
112 254
-
-
income
19 800
14 032
-
-
total
19 800
14 032
-
-
Dividends
138 596
98 222
-
-
withholding
23 561
16 697
-
-
total
23 561
16 697
-
-
Income
197 000
197 000
197 000
197 000
Total tax
58 799
53 353
65 065
63 390
After tax
138 201
143 647
131 935
133 610
Living cost
23 165
23 165
23 165
23 165
Free-cash
115 036
120 482
108 770
110 445

Estimated living cost  is ₽23165 per week

₽13883
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2273
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6497
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽147251
₽130817
₽150884
₽142160
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
20 216
unemployment
-
-
-
28
health
-
-
-
3 621
pensions
-
-
-
6 365
total
-
-
-
30 230
Employee

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

22 966
-
187 222
-
unemployment
114
-
475
-
pensions
3 444
-
14 240
-
income
1 570
-
17 734
-
health
1 952
-
8 070
-
total
7 080
-
40 519
-
Employer

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

22 966
-
187 222
-
health
987
-
4 082
-
pensions
1 263
-
5 221
-
unemployment
114
-
475
-
total
2 364
-
9 778
-
Corporate
171 670
197 000
-
-
income
15 450
17 730
-
-
total
15 450
17 730
-
-
Dividends
156 220
179 270
-
-
withholding
14 060
16 133
-
-
total
14 060
16 133
-
-
Income
197 000
197 000
197 000
197 000
Total tax
38 954
33 863
50 297
30 230
After tax
158 046
163 137
146 703
166 770
Living cost
15 886
15 886
15 886
15 886
Free-cash
142 160
147 251
130 817
150 884

Estimated living cost  is ₽15886 per week

₽10135
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1145
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽473
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4132
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽103549
₽78611
₽82809
₽99131
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
835
income
-
-
-
58 856
other
-
-
-
93
unemployment
-
-
-
649
pensions
-
-
-
26 244
total
-
-
-
86 677
Employee
36 996
-
167 435
-
other
36
-
93
-
unemployment
573
-
1 437
-
pensions
1 739
-
4 359
-
income
7 133
-
55 421
-
total
9 481
-
61 310
-
Employer
36 996
-
167 435
-
pensions
8 730
-
21 887
-
accident
733
-
1 836
-
unemployment
2 035
-
5 100
-
other
296
-
742
-
total
11 794
-
29 565
-
Corporate
148 209
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.

22 232
29 550
-
-
total
22 232
29 550
-
-
Dividends
125 977
167 450
-
-
withholding
26 848
36 387
-
-
total
26 848
36 387
-
-
Income
197 000
197 000
197 000
197 000
Total tax
70 355
65 937
90 875
86 677
After tax
126 645
131 063
106 125
110 323
Living cost
27 514
27 514
27 514
27 514
Free-cash
99 131
103 549
78 611
82 809

Estimated living cost  is ₽27514 per week

₽18571
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2645
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽482
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5816
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽120988
₽124833
₽124971
₽120669
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
67 648
health
-
-
-
1 026
pensions
-
-
-
1 415
total
-
-
-
70 089
Employee
2 954
-
195 408
-
unemployment
30
-
71
-
pensions
266
-
637
-
income
571
-
67 574
-
health
148
-
354
-
total
1 015
-
68 636
-
Employer
2 954
-
195 408
-
health
281
-
672
-
pensions
325
-
778
-
unemployment
59
-
141
-
total
665
-
1 591
-
Corporate
193 381
197 000
-
-
income
42 544
43 340
-
-
total
42 544
43 340
-
-
Dividends
150 837
153 660
-
-
withholding
30 167
30 732
-
-
total
30 167
30 732
-
-
Income
197 000
197 000
197 000
197 000
Total tax
74 391
74 072
70 227
70 089
After tax
122 609
122 928
126 773
126 911
Living cost
1 940
1 940
1 940
1 940
Free-cash
120 669
120 988
124 833
124 971

Estimated living cost  is ₽1940 per week

₽1153
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽157
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽44
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽585
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽125030
₽106678
₽106679
₽120106
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
45 071
unemployment
-
-
-
1 109
health
-
-
-
7 615
pensions
-
-
-
19 224
total
-
-
-
73 019
Employee

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

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

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

26 090
-
183 765
-
unemployment
196
-
555
-
pensions
3 653
-
10 351
-
income
3 596
-
45 071
-
health
1 344
-
3 808
-
total
8 789
-
59 785
-
Employer

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

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

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

26 090
-
183 765
-
health
1 344
-
3 808
-
pensions
3 131
-
8 872
-
unemployment
196
-
555
-
total
4 671
-
13 235
-
Corporate
166 240
197 000
-
-
income
24 936
29 550
-
-
total
24 936
29 550
-
-
Dividends
141 304
167 450
-
-
withholding
21 196
25 118
-
-
total
21 196
25 118
-
-
Income
197 000
197 000
197 000
197 000
Total tax
59 592
54 668
73 020
73 019
After tax
137 408
142 332
123 980
123 981
Living cost
17 302
17 302
17 302
17 302
Free-cash
120 106
125 030
106 678
106 679

Estimated living cost  is ₽17302 per week

₽11649
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1338
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽501
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3813
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85080
₽62262
₽77197
₽84719
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
24 371
surtax
-
-
-
-
social contributions

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

-
-
-
68 458
total
-
-
-
92 829
Employee
38 833
-
159 191
-
surtax
-
-
-
-
social contributions
4 272
-
17 512
-
income
7 588
-
52 445
-
total
11 860
-
69 957
-
Employer
38 833
-
159 191
-
social contributions
9 222
-
37 807
-
total
9 222
-
37 807
-
Corporate
148 945
197 000
-
-
income
31 278
41 369
-
-
surtax
-
-
-
-
total
31 278
41 369
-
-
Dividends
117 667
155 631
-
-
withholding
32 947
43 577
-
-
total
32 947
43 577
-
-
Income
197 000
197 000
197 000
197 000
Total tax
85 307
84 946
107 764
92 829
After tax
111 693
112 054
89 236
104 171
Living cost
26 974
26 974
26 974
26 974
Free-cash
84 719
85 080
62 262
77 197

Estimated living cost  is ₽26974 per week

₽19105
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1874
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5518
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95899
₽70962
₽75160
₽89352
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
835
income
-
-
-
58 856
other
-
-
-
93
unemployment
-
-
-
649
pensions
-
-
-
26 244
total
-
-
-
86 677
Employee
48 322
-
167 435
-
other
47
-
93
-
unemployment
748
-
1 437
-
pensions
2 271
-
4 359
-
income
10 093
-
55 421
-
total
13 159
-
61 310
-
Employer
48 322
-
167 435
-
pensions
11 404
-
21 887
-
accident
957
-
1 836
-
unemployment
2 658
-
5 100
-
other
387
-
742
-
total
15 406
-
29 565
-
Corporate
133 272
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.

19 992
29 550
-
-
total
19 992
29 550
-
-
Dividends
113 281
167 450
-
-
withholding
23 928
36 387
-
-
total
23 928
36 387
-
-
Income
197 000
197 000
197 000
197 000
Total tax
72 485
65 937
90 875
86 677
After tax
124 515
131 063
106 125
110 323
Living cost
35 164
35 164
35 164
35 164
Free-cash
89 352
95 899
70 962
75 160

Estimated living cost  is ₽35164 per week

₽25253
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2734
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.
₽6682
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽151230
₽148866
₽140916
₽145135
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
29 550
unemployment
-
-
-
140
health
-
-
-
4 018
pensions

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

-
-
-
5 171
total
-
-
-
38 879
Employee
22 782
-
190 146
-
accident

We are using the highest rate at 1.1%.

250
-
384
-
pensions

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

2 000
-
3 068
-
income
2 279
-
19 015
-
health
1 048
-
1 607
-
total
5 577
-
24 074
-
Employer
22 782
-
190 146
-
health
1 572
-
2 411
-
pensions

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

2 511
-
3 850
-
accident

We are using the highest rate at 1.1%.

250
-
384
-
unemployment
137
-
210
-
total
4 470
-
6 855
-
Corporate
169 748
197 000
-
-
income
16 975
19 700
-
-
total
16 975
19 700
-
-
Dividends
152 773
177 300
-
-
withholding
7 638
8 865
-
-
total
7 638
8 865
-
-
Income
197 000
197 000
197 000
197 000
Total tax
34 660
28 565
30 929
38 879
After tax
162 340
168 435
166 071
158 121
Living cost
17 205
17 205
17 205
17 205
Free-cash
145 135
151 230
148 866
140 916

Estimated living cost  is ₽17205 per week

₽11379
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽985
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽410
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4431
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62723
₽84863
₽63269
₽75813
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
63 197
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.

-
-
-
3 477
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.

-
-
-
6 835
trade
-
-
-
21 594
total
-
-
-
95 103
Employee

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

49 783
-
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.

226
-
3 477
-
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.

4 094
-
63 197
-
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.

6 835
-
6 835
-
total
11 155
-
73 509
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
147 217
197 000
-
-
income
22 082
29 550
-
-
surtax

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

1 215
1 625
-
-
chamber of commerce
368
441
-
-
trade
21 125
28 270
-
-
total
44 790
59 886
-
-
Dividends
102 426
137 114
-
-
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.

1 388
1 865
-
-
withholding
25 226
33 898
-
-
total
26 614
35 763
-
-
Income
197 000
197 000
197 000
197 000
Total tax
82 559
95 649
73 509
95 103
After tax
114 441
101 351
123 491
101 897
Living cost
38 628
38 628
38 628
38 628
Free-cash
75 813
62 723
84 863
63 269

Estimated living cost  is ₽38628 per week

₽26647
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4156
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽560
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7264
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80906
₽44395
₽44395
₽83115
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
62 263
social contributions
-
-
-
33 347
total
-
-
-
95 610
Employee
78 265
-
197 000
-
income
14 768
-
62 263
-
social contributions
6 502
-
33 347
-
total
21 270
-
95 610
-
Employer
78 265
-
197 000
-
total
-
-
-
-
Corporate
118 735
197 000
-
-
income
14 842
24 624
-
-
total
14 842
24 624
-
-
Dividends
103 893
172 376
-
-
withholding
20 778
34 475
-
-
total
20 778
34 475
-
-
Income
197 000
197 000
197 000
197 000
Total tax
56 890
59 099
95 610
95 610
After tax
140 110
137 901
101 390
101 390
Living cost
56 995
56 995
56 995
56 995
Free-cash
83 115
80 906
44 395
44 395

Estimated living cost  is ₽56995 per week

₽43361
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4644
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8445
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86444
₽102485
₽125111
₽89941
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
29 550
health

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

-
-
-
6 019
total
-
-
-
35 569
Employee
45 899
-
192 398
-
income
4 980
-
48 991
-
social contributions
4 599
-
4 602
-
total
9 579
-
53 593
-
Employer
45 899
-
192 398
-
social contributions
4 599
-
4 602
-
total
4 599
-
4 602
-
Corporate
146 502
197 000
-
-
income
51 275
68 950
-
-
total
51 275
68 950
-
-
Dividends
95 227
128 050
-
-
social contributions
5 286
5 286
-
-
total
5 286
5 286
-
-
Income
197 000
197 000
197 000
197 000
Total tax
70 739
74 236
58 195
35 569
After tax
126 261
122 764
138 805
161 431
Living cost
36 320
36 320
36 320
36 320
Free-cash
89 941
86 444
102 485
125 111

Estimated living cost  is ₽36320 per week

₽23924
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2863
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.
₽8975
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89711
₽74416
₽92122
₽95584
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
58 671
pensions
-
-
-
9 369
total
-
-
-
68 040
Employee
50 566
-
171 884
-
pensions
3 859
-
11 360
-
income
9 208
-
46 866
-
health
660
-
2 405
-
total
13 727
-
60 631
-
Employer
50 566
-
171 884
-
health
961
-
3 265
-
pensions
5 109
-
21 850
-
total
6 070
-
25 115
-
Corporate
140 364
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.

26 669
37 430
-
-
total
26 669
37 430
-
-
Dividends
113 696
159 570
-
-
withholding
18 112
33 021
-
-
total
18 112
33 021
-
-
Income
197 000
197 000
197 000
197 000
Total tax
64 578
70 451
85 746
68 040
After tax
132 422
126 549
111 254
128 960
Living cost
36 838
36 838
36 838
36 838
Free-cash
95 584
89 711
74 416
92 122

Estimated living cost  is ₽36838 per week

₽25271
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3388
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.
₽7717
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽8192
₽83505
₽110454
₽12254
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
256
income
-
-
-
55 336
other
-
-
-
376
health
-
-
-
2 211
pensions
-
-
-
4 218
total
-
-
-
62 397
Employee
37 987
-
178 478
-
pensions
4 277
-
7 734
-
income
5 211
-
42 654
-
health
4 349
-
20 435
-
total
13 837
-
70 823
-
Employer
37 987
-
178 478
-
pensions
6 176
-
11 169
-
accident
634
-
2 981
-
unemployment
931
-
4 373
-
total
7 741
-
18 523
-
Corporate
151 272
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.

136 145
177 300
-
-
total
136 145
177 300
-
-
Dividends
15 127
19 700
-
-
withholding
2 874
3 743
-
-
total
2 874
3 743
-
-
Income
197 000
197 000
197 000
197 000
Total tax
160 597
181 043
89 346
62 397
After tax
36 403
15 957
107 654
134 603
Living cost
24 149
24 149
24 149
24 149
Free-cash
12 254
-8 192
83 505
110 454

Estimated living cost  is ₽24149 per week

₽17722
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1407
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4532
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽137191
₽128691
₽106690
₽147580
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
32 795
unemployment
-
-
-
1 920
work injury
-
-
-
800
health insurance
-
-
-
11 840
pensions
-
-
-
29 441
total
-
-
-
76 796
Employee

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

21 623
-
197 000
-
health insurance
1 600
-
5 920
-
unemployment
259
-
960
-
work injury
108
-
400
-
pensions
3 979
-
14 720
-
income
2 162
-
32 795
-
total
8 108
-
54 795
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
175 377
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%.

1 754
19 700
-
-
total
1 754
19 700
-
-
Dividends
173 623
177 300
-
-
withholding
26 044
26 595
-
-
total
26 044
26 595
-
-
Income
197 000
197 000
197 000
197 000
Total tax
35 906
46 295
54 795
76 796
After tax
161 094
150 705
142 205
120 204
Living cost
13 514
13 514
13 514
13 514
Free-cash
147 580
137 191
128 691
106 690

Estimated living cost  is ₽13514 per week

₽8372
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽982
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽422
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3738
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63907
₽42522
₽50976
₽59354
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
50 077
regional
-
-
-
4 558
municipal
-
-
-
1 322
national
-
-
-
50 208
total
-
-
-
106 165
Employee
84 312
-
197 000
-
municipal
503
-
1 183
-
national
14 248
-
43 733
-
regional
1 273
-
4 051
-
social contributions
28 430
-
65 652
-
total
44 454
-
114 619
-
Employer
84 312
-
197 000
-
total
-
-
-
-
Corporate
112 688
197 000
-
-
municipal
5 432
9 495
-
-
nationa
27 045
47 280
-
-
total
32 477
56 775
-
-
Dividends
80 210
140 225
-
-
withholding
20 856
36 459
-
-
total
20 856
36 459
-
-
Income
197 000
197 000
197 000
197 000
Total tax
97 787
93 234
114 619
106 165
After tax
99 213
103 766
82 381
90 835
Living cost
39 859
39 859
39 859
39 859
Free-cash
59 354
63 907
42 522
50 976

Estimated living cost  is ₽39859 per week

₽27999
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2742
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽602
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8516
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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