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
₽68760
₽79925
₽69407
₽93045
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
197 000
trade
-
-
-
23 638
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.

-
-
-
63 028
health

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

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

-
-
-
6 894
surtax

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

-
-
-
3 466
total
-
-
-
97 026
Employee

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

38 599
-
197 000
-
health

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

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

6 894
-
6 894
-
surtax

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

59
-
3 466
-
income

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

1 078
-
63 028
-
total
8 031
-
73 388
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
158 401
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.

1 306
1 626
-
-
income
23 761
29 550
-
-
trade
24 948
31 027
-
-
chamber of commerce
381
437
-
-
total
50 396
62 640
-
-
Dividends
108 005
134 360
-
-
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.

1 463
1 827
-
-
withholding
26 618
33 206
-
-
total
28 081
35 033
-
-
Income
197 000
197 000
197 000
197 000
Total tax
86 508
97 673
73 388
97 026
After tax
110 492
99 327
123 612
99 974
Living cost
30 567
30 567
30 567
30 567
Free-cash
79 925
68 760
93 045
69 407

Estimated living cost  is ₽30567 per week

₽19228
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3564
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7205
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Dresden model

Close
Reykjavik , Iceland
₽71934
₽71086
₽63352
₽64411
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
197 000
municipal
-
-
-
21 722
pensions
-
-
-
23 640
national
-
-
-
35 174
social contributions
-
-
-
2 118
total
-
-
-
82 654
Employee
79 050
-
170 305
-
municipal
9 764
-
22 484
-
pensions
3 162
-
6 812
-
national
15 130
-
36 844
-
total
28 056
-
66 140
-
Employer
79 050
-
170 305
-
social contributions
850
-
1 831
-
pensions
6 324
-
13 624
-
total
7 174
-
15 455
-
Corporate
105 559
197 000
-
-
income

Corporate income tax will depend on a type of legal entity. For LLC and Limited Partnership it is set at 20%. All other entities pay 37.6%.

21 112
39 400
-
-
total
21 112
39 400
-
-
Dividends
84 447
157 600
-
-
withholding
18 578
34 672
-
-
total
18 578
34 672
-
-
Income
197 000
197 000
197 000
197 000
Total tax
74 920
74 072
81 595
82 654
After tax
122 080
122 928
115 405
114 346
Living cost
50 994
50 994
50 994
50 994
Free-cash
71 086
71 934
64 411
63 352

Estimated living cost  is ₽50994 per week

₽34660
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4740
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽763
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10830
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

It is very difficult to get a residence permit on a basis of self-employment for a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit). EU/EFTA nationals and long-term EU resident permit holders can register self-employed and apply for a permanent residence.

Source of data for Reykjavik model

Close
Riga , Latvia
₽136605
₽128327
₽48639
₽63074
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
microenterprise
-
-
-
-
income
-
-
-
38 465
surtax
-
-
-
50 235
social contributions

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

-
-
-
38 666
total
-
-
-
127 366
Employee
29 489
-
151 374
-
social contributions

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

3 244
-
13 230
-
surtax
-
-
21 949
-
income
5 249
-
32 126
-
total
8 493
-
67 305
-
Employer
29 489
-
151 374
-
social contributions

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

7 103
-
28 974
-
surtax
-
-
16 652
-
total
7 103
-
45 626
-
Corporate
160 408
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%.

32 082
39 400
-
-
total
32 082
39 400
-
-
Dividends

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

128 326
157 600
-
-
total
-
-
-
-
Income
197 000
197 000
197 000
197 000
Total tax
47 678
39 400
112 931
127 366
After tax
149 322
157 600
84 069
69 634
Living cost
20 995
20 995
20 995
20 995
Free-cash
128 327
136 605
63 074
48 639

Estimated living cost  is ₽20995 per week

₽13394
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1999
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5125
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Riga model

Close
Rotterdam , Netherlands
₽55546
₽49364
₽65146
₽82892
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
65 310
pensions
-
-
-
11 824
health
-
-
-
12 444
total
-
-
-
89 578
Employee
86 180
86 180
178 245
-
health
13 228
11 251
12 444
-
income

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

14 106
14 106
28 809
-
pensions
15 512
11 824
11 824
-
total
42 846
37 181
53 077
-
Employer
86 180
86 180
178 245
-
unemployment
3 102
3 102
3 855
-
pensions
5 998
5 998
7 456
-
health
5 990
5 990
7 444
-
total
15 090
15 090
18 755
-
Corporate
96 786
95 729
-
-
income
19 358
19 145
-
-
total
19 358
19 145
-
-
Dividends
77 428
76 583
-
-
income
16 453
16 275
-
-
withholding
11 613
11 487
-
-
total
28 066
27 762
-
-
Income
197 000
197 000
197 000
197 000
Total tax
105 360
99 178
71 832
89 578
After tax
91 640
97 822
125 168
107 422
Living cost
42 276
42 276
42 276
42 276
Free-cash
49 364
55 546
82 892
65 146

Estimated living cost  is ₽42276 per week

₽29960
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3811
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽672
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7833
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rotterdam model

Close
Stockholm , Sweden
₽68570
₽67695
₽60632
₽59685
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
197 000
municipal
-
-
-
51 363
accident
-
-
-
171
pensions
-
-
-
9 238
other
-
-
-
9 930
unemployment
-
-
-
86
health
-
-
-
5 332
national
-
-
-
21 256
total
-
-
-
97 376
Employee
55 560
-
170 150
-
municipal
16 568
-
50 739
-
national
-
-
20 733
-
total
16 568
-
71 472
-
Employer
55 560
-
170 150
-
accident
111
-
171
-
other
6 456
-
9 930
-
unemployment
1 467
-
2 256
-
pensions
6 006
-
9 238
-
health
3 417
-
5 256
-
total
17 457
-
26 851
-
Corporate
123 983
197 000
-
-
income
27 276
43 340
-
-
total
27 276
43 340
-
-
Dividends
96 707
153 660
-
-
withholding
29 012
46 098
-
-
total
29 012
46 098
-
-
Income
197 000
197 000
197 000
197 000
Total tax
90 313
89 438
98 323
97 376
After tax
106 687
107 562
98 677
99 624
Living cost
38 992
38 992
38 992
38 992
Free-cash
67 695
68 570
59 685
60 632

Estimated living cost  is ₽38992 per week

₽25842
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3826
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8731
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Stockholm model

Close
Hamburg , Germany
₽58669
₽72850
₽59279
₽83967
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
197 000
trade
-
-
-
24 688
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.

-
-
-
63 028
health

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

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

-
-
-
6 894
surtax

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

-
-
-
3 466
total
-
-
-
98 076
Employee

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

51 178
-
197 000
-
health

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

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

6 894
-
6 894
-
surtax

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

241
-
3 466
-
income

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

4 397
-
63 028
-
total
11 532
-
73 388
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
145 822
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.

1 203
1 626
-
-
income
21 873
29 550
-
-
trade
23 989
32 406
-
-
chamber of commerce
360
433
-
-
total
47 425
64 015
-
-
Dividends
98 398
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.

1 331
1 808
-
-
withholding
24 217
32 863
-
-
total
25 548
34 671
-
-
Income
197 000
197 000
197 000
197 000
Total tax
84 505
98 686
73 388
98 076
After tax
112 495
98 314
123 612
98 924
Living cost
39 645
39 645
39 645
39 645
Free-cash
72 850
58 669
83 967
59 279

Estimated living cost  is ₽39645 per week

₽26515
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4181
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8358
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Hamburg model

Close
Limassol , Cyprus
₽110916
₽106732
₽100954
₽99274
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
41 962
health
-
-
-
5 023
social contributions
-
-
-
16 328
total
-
-
-
63 313
Employee
77 601
77 601
184 893
-
social contributions
3 771
6 441
8 687
-
health
772
1 320
3 143
-
income
8 149
7 184
41 056
-
total
12 692
14 945
52 886
-
Employer
77 601
77 601
184 893
-
social contributions
3 771
6 441
8 687
-
health
841
1 436
3 420
-
total
4 612
7 877
12 107
-
Corporate
146 964
111 522
-
-
income
18 370
13 940
-
-
total
18 370
13 940
-
-
Dividends
128 594
97 582
-
-
withholding
21 861
16 589
-
-
total
21 861
16 589
-
-
Income
197 000
197 000
197 000
197 000
Total tax
57 535
53 351
64 993
63 313
After tax
139 465
143 649
132 007
133 687
Living cost
32 733
32 733
32 733
32 733
Free-cash
106 732
110 916
99 274
100 954

Estimated living cost  is ₽32733 per week

₽22376
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2557
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7251
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Limassol model

Close
Budapest , Hungary
₽92289
₽92670
₽118136
₽95867
S + D Salary + Dividends

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

Dividends

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

Salary

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

26 469
10 534
164 854
-
health
1 853
737
11 540
-
income
3 236
1 288
20 153
-
pensions
2 647
1 053
16 485
-
unemployment
397
158
2 473
-
total
8 133
3 236
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.

26 469
10 534
164 854
-
pensions
5 161
2 054
32 146
-
total
5 161
2 054
32 146
-
Corporate
165 370
184 412
-
-
income
14 883
16 597
-
-
total
14 883
16 597
-
-
Dividends
150 487
167 815
-
-
social contributions
29 225
32 603
-
-
withholding
28 592
31 885
-
-
total
57 817
64 488
-
-
Income
197 000
197 000
197 000
197 000
Total tax
85 994
86 375
82 797
60 528
After tax
111 006
110 625
114 203
136 472
Living cost
18 336
18 336
18 336
18 336
Free-cash
92 670
92 289
95 867
118 136

Estimated living cost  is ₽18336 per week

₽12513
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1500
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽366
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3957
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Budapest model

Close
Tallinn , Estonia
₽133225
₽126955
₽81214
₽89173
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
39 402
health
-
-
-
25 611
total
-
-
-
91 411
Employee
28 629
-
147 234
-
income
3 223
-
28 386
-
pensions
573
-
2 945
-
unemployment
458
-
2 356
-
total
4 254
-
33 687
-
Employer
28 629
-
147 234
-
unemployment
230
-
1 178
-
pensions
5 726
-
29 447
-
health
3 721
-
19 140
-
total
9 677
-
49 765
-
Corporate
158 694
197 000
-
-
income
31 739
39 400
-
-
total
31 739
39 400
-
-
Dividends
126 955
157 600
-
-
total
-
-
-
-
Income
197 000
197 000
197 000
197 000
Total tax
45 670
39 400
83 452
91 411
After tax
151 330
157 600
113 548
105 589
Living cost
24 375
24 375
24 375
24 375
Free-cash
126 955
133 225
89 173
81 214

Estimated living cost  is ₽24375 per week

₽16719
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1452
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5715
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Tallinn model

Close
Gdansk , Poland
-₽6115
₽12571
₽112525
₽85646
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
253
income
-
-
-
55 416
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
62 403
Employee
34 721
-
178 589
-
health
3 975
-
20 449
-
income
4 763
-
42 767
-
pensions
3 910
-
7 654
-
total
12 648
-
70 870
-
Employer
34 721
-
178 589
-
accident
580
-
2 983
-
unemployment
851
-
4 376
-
pensions
5 646
-
11 053
-
total
7 077
-
18 412
-
Corporate
155 203
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.

139 683
177 300
-
-
total
139 683
177 300
-
-
Dividends
15 521
19 700
-
-
withholding
2 949
3 743
-
-
total
2 949
3 743
-
-
Income
197 000
197 000
197 000
197 000
Total tax
162 357
181 043
89 282
62 403
After tax
34 643
15 957
107 718
134 597
Living cost
22 072
22 072
22 072
22 072
Free-cash
12 571
-6 115
85 646
112 525

Estimated living cost  is ₽22072 per week

₽16177
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4212
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Gdansk model

Close
Batumi , Georgia
₽178070
₽176368
₽185950
₽148520
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
11 349
-
197 000
-
income
2 270
-
39 400
-
total
2 270
-
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%.

185 651
197 000
-
-
total
-
-
-
-
Dividends
185 651
197 000
-
-
withholding
9 282
9 850
-
-
total
9 282
9 850
-
-
Income
197 000
197 000
197 000
197 000
Total tax
11 552
9 850
39 400
1 970
After tax
185 448
187 150
157 600
195 030
Living cost
9 080
9 080
9 080
9 080
Free-cash
176 368
178 070
148 520
185 950

Estimated living cost  is ₽9080 per week

₽5627
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽755
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽250
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2448
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Source of data for Batumi model

Close
Bratislava , Slovakia
₽117846
₽111030
₽86974
₽85278
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
32 262
pensions

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

-
-
-
36 831
other
-
-
-
7 289
health
-
-
-
6 753
total
-
-
-
83 135
Employee
36 642
-
158 290
-
health
513
-
2 149
-
income
6 308
-
31 695
-
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.

2 564
-
10 742
-
unemployment
366
-
1 534
-
total
9 751
-
46 120
-
Employer
36 642
-
158 290
-
accident
293
-
1 266
-
other
1 833
-
7 672
-
unemployment
366
-
1 534
-
pensions

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

6 230
-
26 090
-
health
513
-
2 149
-
total
9 235
-
38 711
-
Corporate
151 123
197 000
-
-
income
31 735
41 370
-
-
total
31 735
41 370
-
-
Dividends
119 388
155 630
-
-
withholding
8 358
10 893
-
-
total
8 358
10 893
-
-
Income
197 000
197 000
197 000
197 000
Total tax
59 079
52 263
84 831
83 135
After tax
137 921
144 737
112 169
113 865
Living cost
26 891
26 891
26 891
26 891
Free-cash
111 030
117 846
85 278
86 974

Estimated living cost  is ₽26891 per week

₽19000
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1816
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽433
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5642
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Bratislava model

Close
London , United Kingdom
₽59219
₽65967
₽61510
₽43785
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
58 280
pensions
-
-
-
9 484
total
-
-
-
67 764
Employee
95 822
-
171 917
-
health
1 579
-
2 420
-
income
17 273
-
46 460
-
pensions
9 244
-
11 528
-
total
28 096
-
60 408
-
Employer
95 822
-
171 917
-
pensions
11 314
-
21 814
-
health
1 820
-
3 267
-
total
13 134
-
25 081
-
Corporate
88 044
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.

16 729
37 430
-
-
total
16 729
37 430
-
-
Dividends
71 315
159 570
-
-
withholding
5 348
32 625
-
-
total
5 348
32 625
-
-
Income
197 000
197 000
197 000
197 000
Total tax
63 307
70 055
85 489
67 764
After tax
133 693
126 945
111 511
129 236
Living cost
67 726
67 726
67 726
67 726
Free-cash
65 967
59 219
43 785
61 510

Estimated living cost  is ₽67726 per week

₽50749
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7957
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8470
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

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

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

Source of data for London model

Close
Varna , Bulgaria
₽155196
₽150506
₽144794
₽152725
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
38 967
Employee
17 531
-
190 080
-
health
806
-
1 622
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
income
1 753
-
19 008
-
pensions

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

1 539
-
3 097
-
total
4 291
-
24 115
-
Employer
17 531
-
190 080
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
unemployment
105
-
212
-
pensions

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

1 932
-
3 887
-
health
1 210
-
2 434
-
total
3 440
-
6 921
-
Corporate
176 029
197 000
-
-
income
17 603
19 700
-
-
total
17 603
19 700
-
-
Dividends
158 427
177 300
-
-
withholding
7 921
8 865
-
-
total
7 921
8 865
-
-
Income
197 000
197 000
197 000
197 000
Total tax
33 255
28 565
31 036
38 967
After tax
163 745
168 435
165 964
158 033
Living cost
13 239
13 239
13 239
13 239
Free-cash
150 506
155 196
152 725
144 794

Estimated living cost  is ₽13239 per week

₽7729
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽945
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽351
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4214
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Varna model

Close
Amsterdam , Netherlands
₽41861
₽44397
₽51461
₽69207
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
65 310
pensions
-
-
-
11 824
health
-
-
-
12 444
total
-
-
-
89 578
Employee
93 564
86 180
178 245
-
health
11 673
11 251
12 444
-
income

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

14 106
14 106
28 809
-
pensions
11 824
11 824
11 824
-
total
37 603
37 181
53 077
-
Employer
93 564
86 180
178 245
-
unemployment
3 369
3 102
3 855
-
pensions
6 511
5 998
7 456
-
health
6 502
5 990
7 444
-
total
16 382
15 090
18 755
-
Corporate
87 054
95 729
-
-
income
17 410
19 145
-
-
total
17 410
19 145
-
-
Dividends
69 644
76 583
-
-
income
14 800
16 275
-
-
withholding
10 447
11 487
-
-
total
25 247
27 762
-
-
Income
197 000
197 000
197 000
197 000
Total tax
96 642
99 178
71 832
89 578
After tax
100 358
97 822
125 168
107 422
Living cost
55 961
55 961
55 961
55 961
Free-cash
44 397
41 861
69 207
51 461

Estimated living cost  is ₽55961 per week

₽41280
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4998
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽642
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9041
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Amsterdam model

Close
Brno , Czech Republic
₽111464
₽102842
₽89953
₽81638
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
20 344
health
-
-
-
26 595
solidarity contribution
-
-
-
1 156
social contributions
-
-
-
34 781
total
-
-
-
82 876
Employee
35 546
-
153 414
-
social contributions
2 310
-
7 742
-
health
4 799
-
20 711
-
solidarity contribution
-
-
409
-
income
4 265
-
18 744
-
total
11 374
-
47 606
-
Employer
35 546
-
153 414
-
social contributions
8 886
-
29 778
-
health
3 199
-
13 807
-
total
12 085
-
43 585
-
Corporate
149 369
197 000
-
-
income
28 380
37 430
-
-
total
28 380
37 430
-
-
Dividends
120 989
159 570
-
-
withholding
18 148
23 935
-
-
total
18 148
23 935
-
-
Income
197 000
197 000
197 000
197 000
Total tax
69 987
61 365
91 191
82 876
After tax
127 013
135 635
105 809
114 124
Living cost
24 171
24 171
24 171
24 171
Free-cash
102 842
111 464
81 638
89 953

Estimated living cost  is ₽24171 per week

₽16789
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1720
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5187
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brno model

Close
Milan , Italy
₽62524
₽57256
₽50474
₽41662
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
197 000
municipal
-
-
-
1 172
regional
-
-
-
2 349
national
-
-
-
49 912
social contributions
-
-
-
50 509
total
-
-
-
103 942
Employee
89 690
-
197 000
-
social contributions
30 243
-
66 219
-
regional
846
-
2 077
-
municipal
475
-
1 046
-
national
15 541
-
43 412
-
total
47 105
-
112 754
-
Employer
89 690
-
197 000
-
total
-
-
-
-
Corporate
107 310
197 000
-
-
nationa
25 754
47 280
-
-
municipal
4 185
7 683
-
-
total
29 939
54 963
-
-
Dividends
77 371
142 036
-
-
withholding
20 116
36 929
-
-
total
20 116
36 929
-
-
Income
197 000
197 000
197 000
197 000
Total tax
97 160
91 892
112 754
103 942
After tax
99 840
105 108
84 246
93 058
Living cost
42 584
42 584
42 584
42 584
Free-cash
57 256
62 524
41 662
50 474

Estimated living cost  is ₽42584 per week

₽29684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2792
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽653
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9453
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Milan model

Close
Thessaloniki , Greece
₽101644
₽98503
₽70701
₽64532
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
57 949
pensions
-
-
-
26 938
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
9 562
surtax
-
-
-
9 351
total
-
-
-
104 030
Employee
33 373
-
168 649
-
other
-
-
-
-
health
852
-
3 434
-
surtax
109
-
8 143
-
income
5 594
-
51 913
-
pensions
2 225
-
8 984
-
unemployment
2 323
-
9 374
-
total
11 103
-
81 848
-
Employer
33 373
-
168 649
-
other
-
-
-
-
unemployment
1 057
-
4 269
-
pensions
4 449
-
17 954
-
health
1 519
-
6 128
-
total
7 025
-
28 351
-
Corporate
156 602
197 000
-
-
income
40 717
51 220
-
-
total
40 717
51 220
-
-
Dividends
115 885
145 780
-
-
withholding
17 383
21 867
-
-
total
17 383
21 867
-
-
Income
197 000
197 000
197 000
197 000
Total tax
76 228
73 087
110 199
104 030
After tax
120 772
123 913
86 801
92 970
Living cost
22 269
22 269
22 269
22 269
Free-cash
98 503
101 644
64 532
70 701

Estimated living cost  is ₽22269 per week

₽13616
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2055
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6084
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Thessaloniki model

Close
Cambridge , United Kingdom
₽80676
₽87366
₽82967
₽65242
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
58 280
pensions
-
-
-
9 484
total
-
-
-
67 764
Employee
64 218
-
171 917
-
health
932
-
2 420
-
income
11 566
-
46 460
-
pensions
5 451
-
11 528
-
total
17 949
-
60 408
-
Employer
64 218
-
171 917
-
pensions
6 952
-
21 814
-
health
1 220
-
3 267
-
total
8 172
-
25 081
-
Corporate
124 611
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.

23 676
37 430
-
-
total
23 676
37 430
-
-
Dividends
100 935
159 570
-
-
withholding
13 568
32 625
-
-
total
13 568
32 625
-
-
Income
197 000
197 000
197 000
197 000
Total tax
63 365
70 055
85 489
67 764
After tax
133 635
126 945
111 511
129 236
Living cost
46 269
46 269
46 269
46 269
Free-cash
87 366
80 676
65 242
82 967

Estimated living cost  is ₽46269 per week

₽34664
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3468
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7652
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

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

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

Source of data for Cambridge model

Close
Zurich , Switzerland
₽13808
₽46443
₽81516
₽73235
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
city
-
-
-
2 077
pensions
-
-
-
18 125
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
-
-
-
10 408
health
-
-
-
443
national
-
-
-
4 217
total
-
-
-
39 210
Employee
89 260
-
176 668
-
city
958
-
1 902
-
regional
2 923
-
9 092
-
health
202
-
398
-
pensions
7 499
-
14 457
-
unemployment
-
-
-
-
national
422
-
3 253
-
total
12 004
-
29 102
-
Employer
89 260
-
176 668
-
other

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

1 785
-
3 534
-
unemployment
-
-
-
-
pensions
7 499
-
14 457
-
health
202
-
398
-
total
9 486
-
18 389
-
Corporate
97 273
197 000
-
-
regional
20 573
41 666
-
-
national
8 269
16 745
-
-
total
28 842
58 411
-
-
Dividends
68 431
138 589
-
-
withholding
23 951
48 507
-
-
total
23 951
48 507
-
-
Income
197 000
197 000
197 000
197 000
Total tax
74 283
106 918
47 491
39 210
After tax
122 717
90 082
149 509
157 790
Living cost
76 274
76 274
76 274
76 274
Free-cash
46 443
13 808
73 235
81 516

Estimated living cost  is ₽76274 per week

₽49600
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6845
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽936
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18893
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

It is extremely rare that a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit) is given a residence permit based on self-employment.

Source of data for Zurich model

Close
Munich , Germany
₽51068
₽67435
₽51642
₽77381
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
197 000
trade
-
-
-
25 739
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.

-
-
-
63 028
health

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

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

-
-
-
6 894
surtax

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

-
-
-
3 466
total
-
-
-
99 127
Employee

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

60 650
-
197 000
-
health

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

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

6 894
-
6 894
-
surtax

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

393
-
3 466
-
income

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

7 132
-
63 028
-
total
14 419
-
73 388
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
136 350
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.

1 124
1 626
-
-
income
20 453
29 550
-
-
trade
23 384
33 786
-
-
chamber of commerce
345
431
-
-
total
45 306
65 393
-
-
Dividends
91 044
131 607
-
-
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.

1 231
1 789
-
-
withholding
22 378
32 519
-
-
total
23 609
34 308
-
-
Income
197 000
197 000
197 000
197 000
Total tax
83 334
99 701
73 388
99 127
After tax
113 666
97 299
123 612
97 873
Living cost
46 231
46 231
46 231
46 231
Free-cash
67 435
51 068
77 381
51 642

Estimated living cost  is ₽46231 per week

₽33765
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3698
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽601
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8168
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Munich model

Close
Nice , France
₽64762
₽70721
₽75878
₽71549
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
32 652
pensions
-
-
-
33 293
other
-
-
-
6 107
health
-
-
-
8 930
surtax
-
-
-
-
social contributions
-
-
-
5 613
total
-
-
-
86 595
Employee
43 191
-
151 577
-
social contributions
1 231
-
4 319
-
surtax
-
-
-
-
income
2 549
-
30 274
-
pensions
4 884
-
10 909
-
total
8 664
-
45 502
-
Employer
43 191
-
151 577
-
other
1 490
-
6 070
-
social contributions
130
-
454
-
unemployment
1 748
-
6 138
-
pensions
7 095
-
18 300
-
health
3 024
-
14 460
-
total
13 487
-
45 422
-
Corporate
140 320
197 000
-
-
surtax
-
-
-
-
income
39 290
55 159
-
-
total
39 290
55 159
-
-
Dividends
101 030
141 841
-
-
surtax
-
-
-
-
social contributions
17 378
24 397
-
-
withholding
12 933
18 155
-
-
total
30 311
42 552
-
-
Income
197 000
197 000
197 000
197 000
Total tax
91 752
97 711
90 924
86 595
After tax
105 248
99 289
106 076
110 405
Living cost
34 527
34 527
34 527
34 527
Free-cash
70 721
64 762
71 549
75 878

Estimated living cost  is ₽34527 per week

₽21771
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2808
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽588
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9363
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Nice model

Close
Marseille , France
₽68182
₽73790
₽79298
₽74969
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
32 652
pensions
-
-
-
33 293
other
-
-
-
6 107
health
-
-
-
8 930
surtax
-
-
-
-
social contributions
-
-
-
5 613
total
-
-
-
86 595
Employee
38 554
-
151 577
-
social contributions
1 099
-
4 319
-
surtax
-
-
-
-
income
1 988
-
30 274
-
pensions
4 361
-
10 909
-
total
7 448
-
45 502
-
Employer
38 554
-
151 577
-
other
1 331
-
6 070
-
social contributions
115
-
454
-
unemployment
1 561
-
6 138
-
pensions
6 335
-
18 300
-
health
2 698
-
14 460
-
total
12 040
-
45 422
-
Corporate
146 405
197 000
-
-
surtax
-
-
-
-
income
40 993
55 159
-
-
total
40 993
55 159
-
-
Dividends
105 412
141 841
-
-
surtax
-
-
-
-
social contributions
18 130
24 397
-
-
withholding
13 492
18 155
-
-
total
31 622
42 552
-
-
Income
197 000
197 000
197 000
197 000
Total tax
92 103
97 711
90 924
86 595
After tax
104 897
99 289
106 076
110 405
Living cost
31 107
31 107
31 107
31 107
Free-cash
73 790
68 182
74 969
79 298

Estimated living cost  is ₽31107 per week

₽18040
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3160
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9317
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Marseille model

Close
Vilnius , Lithuania
₽98790
₽99314
₽105113
₽100486
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
13 751
social contributions
-
-
-
27 187
total
-
-
-
70 488
Employee
34 217
-
197 000
-
social contributions
4 723
-
27 187
-
health
2 388
-
13 751
-
income
5 707
-
34 177
-
total
12 818
-
75 115
-
Employer
34 217
-
197 000
-
total
-
-
-
-
Corporate
162 783
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%.

8 139
9 849
-
-
total
8 139
9 849
-
-
Dividends
154 644
187 151
-
-
health
10 794
13 063
-
-
social contributions
21 340
25 827
-
-
withholding
23 196
28 072
-
-
total
55 330
66 962
-
-
Income
197 000
197 000
197 000
197 000
Total tax
76 287
76 811
75 115
70 488
After tax
120 713
120 189
121 885
126 512
Living cost
21 399
21 399
21 399
21 399
Free-cash
99 314
98 790
100 486
105 113

Estimated living cost  is ₽21399 per week

₽14321
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1320
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5265
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Vilnius model

Close
Vienna , Austria
₽73256
₽71694
₽65604
₽16403
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
787
income
-
-
-
57 831
pensions
-
-
-
21 811
unemployment
-
-
-
6 190
health
-
-
-
9 018
surtax
-
-
-
199
total
-
-
-
95 836
Employee
50 434
40 217
159 812
-
other
504
402
1 180
-
health
1 952
1 557
4 562
-
income
5 742
2 967
47 502
-
pensions
5 165
4 117
12 073
-
unemployment
1 513
1 207
3 537
-
total
14 876
10 250
68 854
-
Employer
50 434
40 217
159 812
-
accident
655
523
1 532
-
other
2 396
1 909
7 233
-
chamber of commerce
201
161
640
-
unemployment
1 513
1 207
3 537
-
surtax
199
199
199
-
pensions
6 329
5 048
14 796
-
payroll
1 513
1 207
4 794
-
health
1 906
1 521
4 456
-
total
14 712
11 775
37 187
-
Corporate
131 854
145 009
155 982
-
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.

32 963
36 251
38 996
-
total
32 963
36 251
38 996
-
Dividends
98 891
108 757
-
-
withholding
27 195
29 908
-
-
total
27 195
29 908
-
-
Income
197 000
197 000
197 000
197 000
Total tax
89 746
88 184
145 037
95 836
After tax
107 254
108 816
51 963
101 164
Living cost
35 560
35 560
35 560
35 560
Free-cash
71 694
73 256
16 403
65 604

Estimated living cost  is ₽35560 per week

₽23717
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3034
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8225
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

As a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit), you can apply for permanent residence when your business creates macroeconomic benefit. This could be an investment starting from €100,000, creating new jobs or securing existing ones, or making a substantial contribution to the region's economy. You can also be considered with a transfer of know-how to Austria or an evident commitment to develop an innovative product or technology.

Source of data for Vienna model

Close
Brussels , Belgium
₽72987
₽58205
₽48736
₽31492
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
75 997
communal

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

-
-
-
10 311
social contributions
-
-
-
25 160
total
-
-
-
111 468
Employee

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

72 187
-
152 581
-
communal

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

3 765
-
7 959
-
health

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

3 392
-
7 170
-
pensions

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

5 414
-
11 443
-
unemployment

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

628
-
1 327
-
national
22 193
-
56 398
-
total
35 392
-
84 297
-
Employer

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

72 187
-
152 581
-
accident

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

938
-
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.

1 053
-
2 227
-
surtax
8 185
-
17 301
-
pensions

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

6 396
-
13 519
-
health

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

4 439
-
9 384
-
total
21 011
-
44 415
-
Corporate
103 800
197 000
-
-
surtax
416
799
-
-
income
20 760
39 894
-
-
total
21 176
40 693
-
-
Dividends
82 625
156 308
-
-
withholding

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

24 420
46 524
-
-
total
24 420
46 524
-
-
Income
197 000
197 000
197 000
197 000
Total tax
101 999
87 217
128 712
111 468
After tax
95 001
109 783
68 288
85 532
Living cost
36 796
36 796
36 796
36 796
Free-cash
58 205
72 987
31 492
48 736

Estimated living cost  is ₽36796 per week

₽23701
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3217
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽576
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9302
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brussels model

Close
Barcelona , Spain
₽94636
₽87721
₽73893
₽69659
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
843
income
-
-
-
58 598
pensions
-
-
-
26 471
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
86 661
Employee
50 235
-
167 180
-
other
50
-
94
-
income
10 599
-
55 133
-
pensions
2 361
-
4 397
-
unemployment
779
-
1 450
-
total
13 789
-
61 074
-
Employer
50 235
-
167 180
-
accident
994
-
1 852
-
other
400
-
749
-
unemployment
2 764
-
5 144
-
pensions
11 855
-
22 076
-
total
16 013
-
29 821
-
Corporate
130 753
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.

19 613
29 550
-
-
total
19 613
29 550
-
-
Dividends
111 140
167 450
-
-
withholding
23 418
36 368
-
-
total
23 418
36 368
-
-
Income
197 000
197 000
197 000
197 000
Total tax
72 833
65 918
90 895
86 661
After tax
124 167
131 082
106 105
110 339
Living cost
36 446
36 446
36 446
36 446
Free-cash
87 721
94 636
69 659
73 893

Estimated living cost  is ₽36446 per week

₽26838
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2585
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6496
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Barcelona model

Close
Luxembourg , Luxembourg
₽58972
₽45471
₽40402
₽48254
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 660
income
-
-
-
34 510
pensions
-
-
-
29 527
health
-
-
-
13 841
surtax
-
-
-
9 767
communal
-
-
-
12 450
total
-
-
-
101 755
Employee
76 425
-
175 970
-
health
3 401
-
7 831
-
surtax
4 684
-
10 784
-
income
7 382
-
40 180
-
pensions
6 113
-
14 078
-
total
21 580
-
72 873
-
Employer
76 425
-
175 970
-
accident
688
-
1 584
-
pensions
6 113
-
14 078
-
health
2 331
-
5 368
-
total
9 132
-
21 030
-
Corporate
111 444
197 000
-
-
surtax
1 170
2 068
-
-
communal
7 523
13 297
-
-
income
16 717
29 550
-
-
total
25 410
44 915
-
-
Dividends
86 034
152 085
-
-
income
27 658
15 457
-
-
withholding
12 906
22 813
-
-
total
40 564
38 270
-
-
Income
197 000
197 000
197 000
197 000
Total tax
96 686
83 185
93 903
101 755
After tax
100 314
113 815
103 097
95 245
Living cost
54 843
54 843
54 843
54 843
Free-cash
45 471
58 972
48 254
40 402

Estimated living cost  is ₽54843 per week

₽41140
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3323
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9798
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Luxembourg model

Close
Athens , Greece
₽101246
₽98036
₽70303
₽64134
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
57 949
pensions
-
-
-
26 938
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
9 562
surtax
-
-
-
9 351
total
-
-
-
104 030
Employee
33 986
-
168 649
-
other
-
-
-
-
health
868
-
3 434
-
surtax
121
-
8 143
-
income
5 697
-
51 913
-
pensions
2 267
-
8 984
-
unemployment
2 365
-
9 374
-
total
11 318
-
81 848
-
Employer
33 986
-
168 649
-
other
-
-
-
-
unemployment
1 078
-
4 269
-
pensions
4 531
-
17 954
-
health
1 545
-
6 128
-
total
7 154
-
28 351
-
Corporate
155 859
197 000
-
-
income
40 524
51 220
-
-
total
40 524
51 220
-
-
Dividends
115 336
145 780
-
-
withholding
17 301
21 867
-
-
total
17 301
21 867
-
-
Income
197 000
197 000
197 000
197 000
Total tax
76 297
73 087
110 199
104 030
After tax
120 703
123 913
86 801
92 970
Living cost
22 667
22 667
22 667
22 667
Free-cash
98 036
101 246
64 134
70 303

Estimated living cost  is ₽22667 per week

₽13685
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1971
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6486
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Athens model

Close
Naples , Italy
₽76364
₽74121
₽65249
₽56483
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
197 000
municipal
-
-
-
1 172
regional
-
-
-
2 973
national
-
-
-
49 912
social contributions
-
-
-
50 509
total
-
-
-
104 566
Employee
55 981
-
197 000
-
social contributions
18 877
-
66 219
-
regional
754
-
2 655
-
municipal
297
-
1 046
-
national
8 869
-
43 412
-
total
28 797
-
113 332
-
Employer
55 981
-
197 000
-
total
-
-
-
-
Corporate
141 019
197 000
-
-
nationa
33 844
47 280
-
-
municipal
7 009
9 790
-
-
total
40 853
57 070
-
-
Dividends
100 166
139 930
-
-
withholding
26 044
36 381
-
-
total
26 044
36 381
-
-
Income
197 000
197 000
197 000
197 000
Total tax
95 694
93 451
113 332
104 566
After tax
101 306
103 549
83 668
92 434
Living cost
27 185
27 185
27 185
27 185
Free-cash
74 121
76 364
56 483
65 249

Estimated living cost  is ₽27185 per week

₽16907
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2754
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7059
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Naples model

Close
Prague , Czech Republic
₽105850
₽95225
₽84339
₽76024
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
20 344
health
-
-
-
26 595
solidarity contribution
-
-
-
1 156
social contributions
-
-
-
34 781
total
-
-
-
82 876
Employee
43 801
-
153 414
-
social contributions
2 847
-
7 742
-
health
5 913
-
20 711
-
solidarity contribution
-
-
409
-
income
5 256
-
18 744
-
total
14 016
-
47 606
-
Employer
43 801
-
153 414
-
social contributions
10 950
-
29 778
-
health
3 942
-
13 807
-
total
14 892
-
43 585
-
Corporate
138 306
197 000
-
-
income
26 278
37 430
-
-
total
26 278
37 430
-
-
Dividends
112 028
159 570
-
-
withholding
16 804
23 935
-
-
total
16 804
23 935
-
-
Income
197 000
197 000
197 000
197 000
Total tax
71 990
61 365
91 191
82 876
After tax
125 010
135 635
105 809
114 124
Living cost
29 785
29 785
29 785
29 785
Free-cash
95 225
105 850
76 024
84 339

Estimated living cost  is ₽29785 per week

₽22150
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1650
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5470
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Prague model

Close
Graz , Austria
₽76727
₽76229
₽69166
₽19817
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
787
income
-
-
-
57 831
pensions
-
-
-
21 811
unemployment
-
-
-
6 190
health
-
-
-
9 018
surtax
-
-
-
-
total
-
-
-
95 637
Employee
44 114
40 217
159 998
-
other
440
402
1 180
-
health
1 706
1 557
4 562
-
income
3 930
2 967
47 591
-
pensions
4 518
4 117
12 073
-
unemployment
1 323
1 207
3 537
-
total
11 917
10 250
68 943
-
Employer
44 114
40 217
159 998
-
accident
573
523
1 532
-
other
2 095
1 909
7 241
-
chamber of commerce
176
161
640
-
unemployment
1 323
1 207
3 537
-
surtax
-
-
-
-
pensions
5 537
5 048
14 796
-
payroll
1 323
1 207
4 799
-
health
1 668
1 521
4 456
-
total
12 695
11 576
37 001
-
Corporate
140 190
145 208
156 168
-
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.

35 048
36 301
39 042
-
total
35 048
36 301
39 042
-
Dividends
105 142
108 907
-
-
withholding
28 914
29 949
-
-
total
28 914
29 949
-
-
Income
197 000
197 000
197 000
197 000
Total tax
88 574
88 076
144 986
95 637
After tax
108 426
108 924
52 014
101 363
Living cost
32 197
32 197
32 197
32 197
Free-cash
76 229
76 727
19 817
69 166

Estimated living cost  is ₽32197 per week

₽19314
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3288
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9020
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

As a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit), you can apply for permanent residence when your business creates macroeconomic benefit. This could be an investment starting from €100,000, creating new jobs or securing existing ones, or making a substantial contribution to the region's economy. You can also be considered with a transfer of know-how to Austria or an evident commitment to develop an innovative product or technology.

Source of data for Graz model

Close
Tbilisi , Georgia
₽173001
₽170348
₽180881
₽143451
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
17 686
-
197 000
-
income
3 537
-
39 400
-
total
3 537
-
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%.

179 314
197 000
-
-
total
-
-
-
-
Dividends
179 314
197 000
-
-
withholding
8 966
9 850
-
-
total
8 966
9 850
-
-
Income
197 000
197 000
197 000
197 000
Total tax
12 503
9 850
39 400
1 970
After tax
184 497
187 150
157 600
195 030
Living cost
14 149
14 149
14 149
14 149
Free-cash
170 348
173 001
143 451
180 881

Estimated living cost  is ₽14149 per week

₽9575
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽594
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3505
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Source of data for Tbilisi model

Close
Ljubljana , Slovenia
₽108565
₽100125
₽67562
₽62953
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
46 712
pensions
-
-
-
35 977
unemployment
-
-
-
295
health
-
-
-
19 385
total
-
-
-
102 369
Employee

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

44 626
-
170 460
-
health
2 882
-
11 012
-
income
7 696
-
42 766
-
pensions
6 917
-
26 421
-
unemployment
63
-
239
-
total
17 558
-
80 438
-
Employer

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

44 626
-
170 460
-
unemployment
27
-
102
-
pensions
3 949
-
15 085
-
health
2 972
-
11 353
-
total
6 948
-
26 540
-
Corporate
145 426
197 000
-
-
income
27 631
37 431
-
-
total
27 631
37 431
-
-
Dividends
117 794
159 569
-
-
withholding
17 669
23 935
-
-
total
17 669
23 935
-
-
Income
197 000
197 000
197 000
197 000
Total tax
69 806
61 366
106 978
102 369
After tax
127 194
135 634
90 022
94 631
Living cost
27 069
27 069
27 069
27 069
Free-cash
100 125
108 565
62 953
67 562

Estimated living cost  is ₽27069 per week

₽18577
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1735
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6234
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Ljubljana model

Close
Oslo , Norway
₽76271
₽28224
₽92559
₽140128
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
62 493
-
-
-
social contributions
5 124
-
730
-
income
13 785
-
-
-
total
18 909
-
730
-
Employer
62 493
-
-
-
social contributions
88 116
-
12 558
-
total
88 116
-
12 558
-
Corporate
46 391
197 000
-
-
income
10 206
43 340
-
-
total
10 206
43 340
-
-
Dividends
36 185
153 660
-
-
income
7 961
33 805
-
-
total
7 961
33 805
-
-
Income
197 000
197 000
197 000
197 000
Total tax
125 192
77 145
13 288
60 857
After tax
71 808
119 855
183 712
136 143
Living cost
43 584
43 584
43 584
43 584
Free-cash
28 224
76 271
140 128
92 559

Estimated living cost  is ₽43584 per week

₽28279
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4099
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10650
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Oslo model

Close
Lisbon , Portugal
₽80399
₽79381
₽72614
₽57676
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
24 273
surtax
-
-
-
-
social contributions

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

-
-
-
68 458
total
-
-
-
92 731
Employee
46 415
-
159 192
-
social contributions
5 106
-
17 512
-
surtax
-
-
-
-
income
9 654
-
52 349
-
total
14 760
-
69 861
-
Employer
46 415
-
159 192
-
social contributions
11 023
-
37 808
-
total
11 023
-
37 808
-
Corporate
139 562
197 000
-
-
surtax
-
-
-
-
income
29 309
41 370
-
-
total
29 309
41 370
-
-
Dividends
110 253
155 630
-
-
withholding
30 872
43 576
-
-
total
30 872
43 576
-
-
Income
197 000
197 000
197 000
197 000
Total tax
85 964
84 946
107 669
92 731
After tax
111 036
112 054
89 331
104 269
Living cost
31 655
31 655
31 655
31 655
Free-cash
79 381
80 399
57 676
72 614

Estimated living cost  is ₽31655 per week

₽23684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1867
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽529
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5575
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Lisbon model

Close
Paris , France
₽50547
₽57483
₽61663
₽57334
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
32 652
pensions
-
-
-
33 293
other
-
-
-
6 107
health
-
-
-
8 930
surtax
-
-
-
-
social contributions
-
-
-
5 613
total
-
-
-
86 595
Employee
63 207
-
151 577
-
social contributions
1 800
-
4 319
-
surtax
-
-
-
-
income
5 515
-
30 274
-
pensions
7 149
-
10 909
-
total
14 464
-
45 502
-
Employer
63 207
-
151 577
-
other
2 181
-
6 070
-
social contributions
190
-
454
-
unemployment
2 561
-
6 138
-
pensions
10 386
-
18 300
-
health
4 424
-
14 460
-
total
19 742
-
45 422
-
Corporate
114 052
197 000
-
-
surtax
-
-
-
-
income
31 935
55 159
-
-
total
31 935
55 159
-
-
Dividends
82 117
141 841
-
-
surtax
-
-
-
-
social contributions
14 124
24 397
-
-
withholding
10 510
18 155
-
-
total
24 634
42 552
-
-
Income
197 000
197 000
197 000
197 000
Total tax
90 775
97 711
90 924
86 595
After tax
106 225
99 289
106 076
110 405
Living cost
48 742
48 742
48 742
48 742
Free-cash
57 483
50 547
57 334
61 663

Estimated living cost  is ₽48742 per week

₽32988
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3987
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽668
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11098
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Paris model

Close
Andorra , Andorra
₽146963
₽143573
₽114086
₽119322
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 237
social contributions
-
-
-
43 341
total
-
-
-
52 578
Employee
32 444
-
170 564
-
income
-
-
9 819
-
social contributions
2 109
-
11 087
-
total
2 109
-
20 906
-
Employer
32 444
-
170 564
-
social contributions
5 029
-
26 436
-
total
5 029
-
26 436
-
Corporate
159 527
197 000
-
-
income
15 953
19 701
-
-
total
15 953
19 701
-
-
Dividends
143 574
177 299
-
-
total
-
-
-
-
Income
197 000
197 000
197 000
197 000
Total tax
23 091
19 701
47 342
52 578
After tax
173 909
177 299
149 658
144 422
Living cost
30 336
30 336
30 336
30 336
Free-cash
143 573
146 963
119 322
114 086

Estimated living cost  is ₽30336 per week

₽19615
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2287
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7863
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Andorra has a limit of 1000 sole-trade resident permits per year, so while it isn't complicated to obtain one, it may get difficult by the end of the term.

Source of data for Andorra model

Close
Copenhagen , Denmark
-₽22973
-₽22973
₽66456
-₽22973
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
197 000
municipal
-
-
-
41 605
pensions
-
-
-
875
national
-
-
-
23 751
labour market
-
-
-
15 690
total
-
-
-
81 921
Employee
205 227
205 227
205 227
-
labour market
16 395
16 395
16 395
-
national
25 072
25 072
25 072
-
municipal
43 702
43 702
43 702
-
pensions
292
292
292
-
total
85 461
85 461
85 461
-
Employer
205 227
205 227
205 227
-
labour market
16 418
16 418
16 418
-
municipal
43 772
43 772
43 772
-
pensions
583
583
583
-
national
25 116
25 116
25 116
-
total
85 889
85 889
85 889
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
197 000
197 000
197 000
197 000
Total tax
171 350
171 350
171 350
81 921
After tax
25 650
25 650
25 650
115 079
Living cost
48 623
48 623
48 623
48 623
Free-cash
-22 973
-22 973
-22 973
66 456

Estimated living cost  is ₽48623 per week

₽33278
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4301
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽748
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10296
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Copenhagen model

Close
Krakow , Poland
-₽5789
₽12623
₽112851
₽85972
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
253
income
-
-
-
55 416
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
62 403
Employee
34 209
-
178 589
-
health
3 917
-
20 449
-
income
4 693
-
42 767
-
pensions
3 852
-
7 654
-
total
12 462
-
70 870
-
Employer
34 209
-
178 589
-
accident
571
-
2 983
-
unemployment
838
-
4 376
-
pensions
5 562
-
11 053
-
total
6 971
-
18 412
-
Corporate
155 820
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.

140 238
177 300
-
-
total
140 238
177 300
-
-
Dividends
15 582
19 700
-
-
withholding
2 960
3 743
-
-
total
2 960
3 743
-
-
Income
197 000
197 000
197 000
197 000
Total tax
162 631
181 043
89 282
62 403
After tax
34 369
15 957
107 718
134 597
Living cost
21 746
21 746
21 746
21 746
Free-cash
12 623
-5 789
85 972
112 851

Estimated living cost  is ₽21746 per week

₽15829
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1240
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4269
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Krakow model

Close
Helsinki , Finland
₽83502
₽86502
₽85525
₽62958
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

You can choose the amount to declare for pension contributions and choose a pension insurance company or a pension insurance fund you prefer to use; or you could opt out of pension contributions altogether. You can find more details on Finnish Centre for Pensions

-
-
-
197 000
municipal
-
-
-
34 989
health
-
-
-
2 612
national
-
-
-
35 129
total
-
-
-
72 730
Employee
53 095
-
165 728
-
health
396
-
2 132
-
municipal
8 697
-
26 986
-
pensions
3 583
-
11 186
-
unemployment
797
-
2 486
-
national
877
-
21 235
-
total
14 350
-
64 025
-
Employer
53 095
-
165 728
-
accident
54
-
167
-
unemployment
345
-
1 076
-
pensions
9 212
-
28 754
-
health
408
-
1 275
-
total
10 019
-
31 272
-
Corporate
133 887
197 000
-
-
income
26 777
39 400
-
-
total
26 777
39 400
-
-
Dividends

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

80 332
118 200
-
-
national
6 148
14 076
-
-
municipal
14 459
21 277
-
-
total
20 607
35 353
-
-
Income
197 000
197 000
197 000
197 000
Total tax
71 753
74 753
95 297
72 730
After tax
125 247
122 247
101 703
124 270
Living cost
38 745
38 745
38 745
38 745
Free-cash
86 502
83 502
62 958
85 525

Estimated living cost  is ₽38745 per week

₽25308
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽617
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9095
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Helsinki model

Close
Larnaca , Cyprus
₽120284
₽114794
₽110322
₽108642
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
41 962
health
-
-
-
5 023
social contributions
-
-
-
16 328
total
-
-
-
63 313
Employee
77 601
77 601
184 893
-
social contributions
2 934
6 441
8 687
-
health
601
1 320
3 143
-
income
8 449
7 184
41 056
-
total
11 984
14 945
52 886
-
Employer
77 601
77 601
184 893
-
social contributions
2 934
6 441
8 687
-
health
653
1 436
3 420
-
total
3 587
7 877
12 107
-
Corporate
158 063
111 522
-
-
income
19 758
13 940
-
-
total
19 758
13 940
-
-
Dividends
138 305
97 582
-
-
withholding
23 512
16 589
-
-
total
23 512
16 589
-
-
Income
197 000
197 000
197 000
197 000
Total tax
58 841
53 351
64 993
63 313
After tax
138 159
143 649
132 007
133 687
Living cost
23 365
23 365
23 365
23 365
Free-cash
114 794
120 284
108 642
110 322

Estimated living cost  is ₽23365 per week

₽14003
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2292
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6554
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Larnaca model

Close
Podgorica , Montenegro
₽147112
₽141978
₽150674
₽130433
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
20 203
pensions
-
-
-
6 419
unemployment
-
-
-
29
health
-
-
-
3 652
total
-
-
-
30 303
Employee

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

23 164
-
187 137
-
health
1 969
-
8 139
-
income
1 584
-
17 700
-
pensions
3 474
-
14 363
-
unemployment
115
-
479
-
total
7 142
-
40 681
-
Employer

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

23 164
-
187 137
-
unemployment
115
-
479
-
pensions
1 274
-
5 267
-
health
996
-
4 117
-
total
2 385
-
9 863
-
Corporate
171 451
197 000
-
-
income
15 430
17 730
-
-
total
15 430
17 730
-
-
Dividends
156 021
179 270
-
-
withholding
14 042
16 135
-
-
total
14 042
16 135
-
-
Income
197 000
197 000
197 000
197 000
Total tax
38 999
33 865
50 544
30 303
After tax
158 001
163 135
146 456
166 697
Living cost
16 023
16 023
16 023
16 023
Free-cash
141 978
147 112
130 433
150 674

Estimated living cost  is ₽16023 per week

₽10223
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1155
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4167
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Podgorica model

Close
Valencia , Spain
₽103331
₽98875
₽82588
₽78354
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
843
income
-
-
-
58 598
pensions
-
-
-
26 471
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
86 661
Employee
37 315
-
167 180
-
other
36
-
94
-
income
7 194
-
55 133
-
pensions
1 754
-
4 397
-
unemployment
578
-
1 450
-
total
9 562
-
61 074
-
Employer
37 315
-
167 180
-
accident
739
-
1 852
-
other
299
-
749
-
unemployment
2 053
-
5 144
-
pensions
8 806
-
22 076
-
total
11 897
-
29 821
-
Corporate
147 788
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.

22 167
29 550
-
-
total
22 167
29 550
-
-
Dividends
125 620
167 450
-
-
withholding
26 748
36 368
-
-
total
26 748
36 368
-
-
Income
197 000
197 000
197 000
197 000
Total tax
70 374
65 918
90 895
86 661
After tax
126 626
131 082
106 105
110 339
Living cost
27 751
27 751
27 751
27 751
Free-cash
98 875
103 331
78 354
82 588

Estimated living cost  is ₽27751 per week

₽18732
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2668
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5866
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Valencia model

Close
Istanbul , Turkey
₽120172
₽119718
₽123676
₽123478
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
67 101
pensions
-
-
-
2 010
health
-
-
-
1 457
total
-
-
-
70 568
Employee
4 198
-
194 738
-
health
210
-
503
-
income
812
-
66 995
-
pensions
378
-
905
-
unemployment
42
-
101
-
total
1 442
-
68 504
-
Employer
4 198
-
194 738
-
unemployment
84
-
201
-
pensions
462
-
1 106
-
health
399
-
955
-
total
945
-
2 262
-
Corporate
191 858
197 000
-
-
income
42 209
43 340
-
-
total
42 209
43 340
-
-
Dividends
149 649
153 660
-
-
withholding
29 930
30 732
-
-
total
29 930
30 732
-
-
Income
197 000
197 000
197 000
197 000
Total tax
74 526
74 072
70 766
70 568
After tax
122 474
122 928
126 234
126 432
Living cost
2 756
2 756
2 756
2 756
Free-cash
119 718
120 172
123 478
123 676

Estimated living cost  is ₽2756 per week

₽1638
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽63
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽832
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Istanbul model

Close
Belgrade , Serbia
₽124880
₽119915
₽106320
₽106321
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
45 034
pensions
-
-
-
19 392
unemployment
-
-
-
1 119
health
-
-
-
7 682
total
-
-
-
73 227
Employee

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

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

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

26 319
-
183 649
-
health
1 355
-
3 841
-
income
3 628
-
45 034
-
pensions
3 685
-
10 442
-
unemployment
197
-
559
-
total
8 865
-
59 876
-
Employer

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

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

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

26 319
-
183 649
-
unemployment
197
-
559
-
pensions
3 158
-
8 950
-
health
1 355
-
3 841
-
total
4 710
-
13 350
-
Corporate
165 970
197 000
-
-
income
24 896
29 550
-
-
total
24 896
29 550
-
-
Dividends
141 075
167 450
-
-
withholding
21 161
25 117
-
-
total
21 161
25 117
-
-
Income
197 000
197 000
197 000
197 000
Total tax
59 632
54 667
73 226
73 227
After tax
137 368
142 333
123 774
123 773
Living cost
17 453
17 453
17 453
17 453
Free-cash
119 915
124 880
106 321
106 320

Estimated living cost  is ₽17453 per week

₽11751
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1350
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽505
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3847
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Belgrade model

Close
Porto , Portugal
₽84847
₽84484
₽77062
₽62124
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
24 273
surtax
-
-
-
-
social contributions

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

-
-
-
68 458
total
-
-
-
92 731
Employee
39 169
-
159 192
-
social contributions
4 309
-
17 512
-
surtax
-
-
-
-
income
7 653
-
52 349
-
total
11 962
-
69 861
-
Employer
39 169
-
159 192
-
social contributions
9 302
-
37 808
-
total
9 302
-
37 808
-
Corporate
148 530
197 000
-
-
surtax
-
-
-
-
income
31 191
41 370
-
-
total
31 191
41 370
-
-
Dividends
117 338
155 630
-
-
withholding
32 854
43 576
-
-
total
32 854
43 576
-
-
Income
197 000
197 000
197 000
197 000
Total tax
85 309
84 946
107 669
92 731
After tax
111 691
112 054
89 331
104 269
Living cost
27 207
27 207
27 207
27 207
Free-cash
84 484
84 847
62 124
77 062

Estimated living cost  is ₽27207 per week

₽19270
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1890
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5565
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Porto model

Close
Madrid , Spain
₽95615
₽89010
₽74872
₽70638
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
843
income
-
-
-
58 598
pensions
-
-
-
26 471
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
86 661
Employee
48 739
-
167 180
-
other
48
-
94
-
income
10 180
-
55 133
-
pensions
2 290
-
4 397
-
unemployment
755
-
1 450
-
total
13 273
-
61 074
-
Employer
48 739
-
167 180
-
accident
965
-
1 852
-
other
391
-
749
-
unemployment
2 681
-
5 144
-
pensions
11 502
-
22 076
-
total
15 539
-
29 821
-
Corporate
132 722
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.

19 908
29 550
-
-
total
19 908
29 550
-
-
Dividends
112 814
167 450
-
-
withholding
23 803
36 368
-
-
total
23 803
36 368
-
-
Income
197 000
197 000
197 000
197 000
Total tax
72 523
65 918
90 895
86 661
After tax
124 477
131 082
106 105
110 339
Living cost
35 467
35 467
35 467
35 467
Free-cash
89 010
95 615
70 638
74 872

Estimated living cost  is ₽35467 per week

₽25471
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2758
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6739
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Madrid model

Close
Sofia , Bulgaria
₽151064
₽144910
₽140662
₽148593
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
38 967
Employee
23 001
-
190 080
-
health
1 058
-
1 622
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
income
2 300
-
19 008
-
pensions

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

2 019
-
3 097
-
total
5 630
-
24 115
-
Employer
23 001
-
190 080
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
unemployment
138
-
212
-
pensions

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

2 535
-
3 887
-
health
1 587
-
2 434
-
total
4 513
-
6 921
-
Corporate
169 486
197 000
-
-
income
16 949
19 700
-
-
total
16 949
19 700
-
-
Dividends
152 537
177 300
-
-
withholding
7 627
8 865
-
-
total
7 627
8 865
-
-
Income
197 000
197 000
197 000
197 000
Total tax
34 719
28 565
31 036
38 967
After tax
162 281
168 435
165 964
158 033
Living cost
17 371
17 371
17 371
17 371
Free-cash
144 910
151 064
148 593
140 662

Estimated living cost  is ₽17371 per week

₽11489
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽994
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽414
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4474
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sofia model

Close
Berlin , Germany
₽62394
₽75597
₽63113
₽84650
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
197 000
trade
-
-
-
21 537
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.

-
-
-
63 028
health

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

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

-
-
-
6 894
surtax

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

-
-
-
3 466
total
-
-
-
94 925
Employee

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

50 213
-
197 000
-
health

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

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

6 894
-
6 894
-
surtax

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

228
-
3 466
-
income

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

4 129
-
63 028
-
total
11 251
-
73 388
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
146 787
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.

1 210
1 626
-
-
income
22 018
29 550
-
-
trade
21 064
28 269
-
-
chamber of commerce
368
442
-
-
total
44 660
59 887
-
-
Dividends
102 126
137 112
-
-
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.

1 383
1 863
-
-
withholding
25 147
33 894
-
-
total
26 530
35 757
-
-
Income
197 000
197 000
197 000
197 000
Total tax
82 441
95 644
73 388
94 925
After tax
114 559
101 356
123 612
102 075
Living cost
38 962
38 962
38 962
38 962
Free-cash
75 597
62 394
84 650
63 113

Estimated living cost  is ₽38962 per week

₽26877
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4192
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7327
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Berlin model

Close
Dublin , Ireland
₽80412
₽82641
₽44081
₽44081
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
62 119
social contributions
-
-
-
33 313
total
-
-
-
95 432
Employee
78 941
-
197 000
-
income
14 896
-
62 119
-
social contributions
6 558
-
33 313
-
total
21 454
-
95 432
-
Employer
78 941
-
197 000
-
total
-
-
-
-
Corporate
118 059
197 000
-
-
income
14 758
24 625
-
-
total
14 758
24 625
-
-
Dividends
103 302
172 375
-
-
withholding
20 660
34 476
-
-
total
20 660
34 476
-
-
Income
197 000
197 000
197 000
197 000
Total tax
56 872
59 101
95 432
95 432
After tax
140 128
137 899
101 568
101 568
Living cost
57 487
57 487
57 487
57 487
Free-cash
82 641
80 412
44 081
44 081

Estimated living cost  is ₽57487 per week

₽43735
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4684
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8518
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

To obtain permanent residence for non EEA/Swiss nationals, it is required to invest a huge amount - at least €1 million aggregate investment into a new or an existing Irish business, for a minimum of three years.

Source of data for Dublin model

Close
Sliema , Malta
₽86084
₽89611
₽124075
₽102264
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
6 741
total
-
-
-
36 291
Employee
46 295
-
192 358
-
income
5 023
-
48 818
-
social contributions
4 638
-
4 642
-
total
9 661
-
53 460
-
Employer
46 295
-
192 358
-
social contributions
4 638
-
4 642
-
total
4 638
-
4 642
-
Corporate
146 066
197 000
-
-
income
51 124
68 950
-
-
total
51 124
68 950
-
-
Dividends
94 942
128 050
-
-
social contributions
5 332
5 332
-
-
total
5 332
5 332
-
-
Income
197 000
197 000
197 000
197 000
Total tax
70 755
74 282
58 102
36 291
After tax
126 245
122 718
138 898
160 709
Living cost
36 634
36 634
36 634
36 634
Free-cash
89 611
86 084
102 264
124 075

Estimated living cost  is ₽36634 per week

₽24130
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2888
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9053
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sliema model

Close
Edinburgh , United Kingdom
₽89330
₽95328
₽91621
₽73896
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
58 280
pensions
-
-
-
9 484
total
-
-
-
67 764
Employee
51 632
-
171 917
-
health
674
-
2 420
-
income
9 403
-
46 460
-
pensions
3 941
-
11 528
-
total
14 018
-
60 408
-
Employer
51 632
-
171 917
-
pensions
5 216
-
21 814
-
health
981
-
3 267
-
total
6 197
-
25 081
-
Corporate
139 170
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.

26 441
37 430
-
-
total
26 441
37 430
-
-
Dividends
112 729
159 570
-
-
withholding
17 401
32 625
-
-
total
17 401
32 625
-
-
Income
197 000
197 000
197 000
197 000
Total tax
64 057
70 055
85 489
67 764
After tax
132 943
126 945
111 511
129 236
Living cost
37 615
37 615
37 615
37 615
Free-cash
95 328
89 330
73 896
91 621

Estimated living cost  is ₽37615 per week

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

Additional information

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

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

Source of data for Edinburgh model

Close
Warsaw , Poland
-₽7943
₽12291
₽110697
₽83818
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
253
income
-
-
-
55 416
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
62 403
Employee
37 595
-
178 589
-
health
4 304
-
20 449
-
income
5 158
-
42 767
-
pensions
4 233
-
7 654
-
total
13 695
-
70 870
-
Employer
37 595
-
178 589
-
accident
628
-
2 983
-
unemployment
921
-
4 376
-
pensions
6 113
-
11 053
-
total
7 662
-
18 412
-
Corporate
151 744
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.

136 569
177 300
-
-
total
136 569
177 300
-
-
Dividends
15 175
19 700
-
-
withholding
2 883
3 743
-
-
total
2 883
3 743
-
-
Income
197 000
197 000
197 000
197 000
Total tax
160 809
181 043
89 282
62 403
After tax
36 191
15 957
107 718
134 597
Living cost
23 900
23 900
23 900
23 900
Free-cash
12 291
-7 943
83 818
110 697

Estimated living cost  is ₽23900 per week

₽17540
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1393
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4486
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Warsaw model

Close
Skopje , Macedonia
₽137074
₽147422
₽106215
₽128408
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
work injury
-
-
-
807
health insurance
-
-
-
11 943
income
-
-
-
32 771
pensions
-
-
-
29 696
unemployment
-
-
-
1 937
total
-
-
-
77 154
Employee

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

21 810
-
197 000
-
work injury
109
-
403
-
income
2 181
-
32 771
-
pensions
4 013
-
14 848
-
health insurance
1 614
-
5 971
-
unemployment
262
-
968
-
total
8 179
-
54 961
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
175 190
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%.

1 752
19 700
-
-
total
1 752
19 700
-
-
Dividends
173 438
177 300
-
-
withholding
26 016
26 595
-
-
total
26 016
26 595
-
-
Income
197 000
197 000
197 000
197 000
Total tax
35 947
46 295
54 961
77 154
After tax
161 053
150 705
142 039
119 846
Living cost
13 631
13 631
13 631
13 631
Free-cash
147 422
137 074
128 408
106 215

Estimated living cost  is ₽13631 per week

₽8445
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽991
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽425
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3771
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

Close
Rome , Italy
₽63564
₽58971
₽50516
₽41958
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
197 000
municipal
-
-
-
1 318
regional
-
-
-
4 542
national
-
-
-
49 912
social contributions
-
-
-
50 509
total
-
-
-
106 281
Employee
85 040
-
197 000
-
social contributions
28 675
-
66 219
-
regional
1 284
-
4 030
-
municipal
508
-
1 178
-
national
14 371
-
43 412
-
total
44 838
-
114 839
-
Employer
85 040
-
197 000
-
total
-
-
-
-
Corporate
111 960
197 000
-
-
nationa
26 871
47 280
-
-
municipal
5 397
9 495
-
-
total
32 268
56 775
-
-
Dividends
79 692
140 225
-
-
withholding
20 720
36 458
-
-
total
20 720
36 458
-
-
Income
197 000
197 000
197 000
197 000
Total tax
97 826
93 233
114 839
106 281
After tax
99 174
103 767
82 161
90 719
Living cost
40 203
40 203
40 203
40 203
Free-cash
58 971
63 564
41 958
50 516

Estimated living cost  is ₽40203 per week

₽28240
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2765
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽607
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8589
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

Close
[[ place.name ]], [[ place.country ]]

[[ row[2] ]] [[ row[0] ]]

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

[[ $tc('message.data_source', {city: place.name}) ]] [[ place.name ]]

Close

[[ row[2] ]] [[ row[0] ]]

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

[[ $tc('message.data_source', {city: place.name}) ]] [[ place.name ]]

Close