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
₽94306
₽71053
₽70108
₽81370
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
3 549
trade
-
-
-
24 198
income

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

-
-
-
64 521
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.

-
-
-
6 372
total
-
-
-
98 640
Employee

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

35 675
-
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.

6 372
-
6 372
-
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.

55
-
3 549
-
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.

997
-
64 521
-
total
7 424
-
74 442
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
161 325
197 000
-
-
chamber of commerce
373
425
-
-
trade
25 409
31 027
-
-
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
1 625
-
-
income
24 198
29 551
-
-
total
51 311
62 628
-
-
Dividends
110 013
134 373
-
-
withholding
27 149
33 239
-
-
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.

1 494
1 828
-
-
total
28 643
35 067
-
-
Income
197 000
197 000
197 000
197 000
Total tax
87 378
97 695
74 442
98 640
After tax
109 622
99 305
122 558
98 360
Living cost
28 252
28 252
28 252
28 252
Free-cash
81 370
71 053
94 306
70 108

Estimated living cost  is ₽28252 per week

₽17771
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3294
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽6659
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65263
₽73191
₽64206
₽72364
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
21 752
social contributions
-
-
-
2 118
national
-
-
-
35 547
pensions
-
-
-
23 640
total
-
-
-
83 057
Employee
77 101
-
170 305
-
pensions
3 084
-
6 812
-
national
14 757
-
37 218
-
municipal
9 523
-
22 515
-
total
27 364
-
66 545
-
Employer
77 101
-
170 305
-
pensions
6 168
-
13 624
-
social contributions
829
-
1 831
-
total
6 997
-
15 455
-
Corporate
107 813
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%.

21 563
39 400
-
-
total
21 563
39 400
-
-
Dividends
86 250
157 600
-
-
withholding
18 975
34 672
-
-
total
18 975
34 672
-
-
Income
197 000
197 000
197 000
197 000
Total tax
74 899
74 072
82 000
83 057
After tax
122 101
122 928
115 000
113 943
Living cost
49 737
49 737
49 737
49 737
Free-cash
72 364
73 191
65 263
64 206

Estimated living cost  is ₽49737 per week

₽33806
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4623
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽744
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10563
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65570
₽138196
₽51385
₽130544
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
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.

-
-
-
35 737
income
-
-
-
40 238
total
-
-
-
126 210
Employee
27 255
-
153 353
-
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.

2 998
-
12 227
-
surtax
-
-
22 237
-
income
4 852
-
33 914
-
total
7 850
-
68 378
-
Employer
27 255
-
153 353
-
surtax
-
-
16 868
-
social contributions

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

6 565
-
26 779
-
total
6 565
-
43 647
-
Corporate
163 180
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%.

32 636
39 399
-
-
total
32 636
39 399
-
-
Dividends

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

130 544
157 601
-
-
total
-
-
-
-
Income
197 000
197 000
197 000
197 000
Total tax
47 051
39 399
112 025
126 210
After tax
149 949
157 601
84 975
70 790
Living cost
19 405
19 405
19 405
19 405
Free-cash
130 544
138 196
65 570
51 385

Estimated living cost  is ₽19405 per week

₽12380
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1848
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽441
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4737
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86940
₽58949
₽67412
₽53232
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
68 085
pensions
-
-
-
10 928
health
-
-
-
11 502
total
-
-
-
90 515
Employee
79 651
79 651
179 666
-
health
12 226
10 399
11 502
-
pensions
14 337
10 928
10 928
-
income

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

13 038
13 038
31 223
-
total
39 601
34 365
53 653
-
Employer
79 651
79 651
179 666
-
unemployment
2 867
2 867
3 563
-
health
5 537
5 537
6 880
-
pensions
5 544
5 544
6 891
-
total
13 948
13 948
17 334
-
Corporate
104 378
103 401
-
-
income
20 876
20 679
-
-
total
20 876
20 679
-
-
Dividends
83 502
82 721
-
-
withholding
12 525
12 408
-
-
income
17 745
17 578
-
-
total
30 270
29 986
-
-
Income
197 000
197 000
197 000
197 000
Total tax
104 695
98 978
70 987
90 515
After tax
92 305
98 022
126 013
106 485
Living cost
39 073
39 073
39 073
39 073
Free-cash
53 232
58 949
86 940
67 412

Estimated living cost  is ₽39073 per week

₽27690
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3522
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽621
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7239
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60671
₽69878
₽61583
₽69033
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
51 611
other
-
-
-
9 597
unemployment
-
-
-
83
national
-
-
-
22 195
pensions
-
-
-
8 928
accident
-
-
-
165
health
-
-
-
5 154
total
-
-
-
97 733
Employee
53 696
-
171 050
-
national
-
-
21 689
-
municipal
16 012
-
51 007
-
total
16 012
-
72 696
-
Employer
53 696
-
171 050
-
unemployment
1 418
-
2 180
-
accident
107
-
165
-
health
3 302
-
5 079
-
pensions
5 804
-
8 928
-
other
6 240
-
9 597
-
total
16 871
-
25 949
-
Corporate
126 432
197 000
-
-
income
27 815
43 340
-
-
total
27 815
43 340
-
-
Dividends
98 617
153 660
-
-
withholding
29 585
46 098
-
-
total
29 585
46 098
-
-
Income
197 000
197 000
197 000
197 000
Total tax
90 283
89 438
98 645
97 733
After tax
106 717
107 562
98 355
99 267
Living cost
37 684
37 684
37 684
37 684
Free-cash
69 033
69 878
60 671
61 583

Estimated living cost  is ₽37684 per week

₽24976
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.
₽572
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8439
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85916
₽61652
₽60643
₽74757
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
3 549
trade
-
-
-
25 273
income

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

-
-
-
64 521
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.

-
-
-
6 372
total
-
-
-
99 715
Employee

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

47 301
-
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.

6 372
-
6 372
-
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.

223
-
3 549
-
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.

4 064
-
64 521
-
total
10 659
-
74 442
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
149 699
197 000
-
-
chamber of commerce
354
421
-
-
trade
24 625
32 406
-
-
surtax

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

1 235
1 625
-
-
income
22 455
29 551
-
-
total
48 669
64 003
-
-
Dividends
101 030
132 997
-
-
withholding
24 903
32 894
-
-
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.

1 370
1 809
-
-
total
26 273
34 703
-
-
Income
197 000
197 000
197 000
197 000
Total tax
85 601
98 706
74 442
99 715
After tax
111 399
98 294
122 558
97 285
Living cost
36 642
36 642
36 642
36 642
Free-cash
74 757
61 652
85 916
60 643

Estimated living cost  is ₽36642 per week

₽24506
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3864
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7724
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽101114
₽113352
₽102759
₽109487
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
197 000
social contributions
-
-
-
15 091
income
-
-
-
43 874
health
-
-
-
5 023
total
-
-
-
63 988
Employee
71 723
71 723
185 539
-
health
713
1 220
3 154
-
social contributions
3 485
5 953
8 029
-
income
7 531
6 639
42 989
-
total
11 729
13 812
54 172
-
Employer
71 723
71 723
185 539
-
health
777
1 328
3 432
-
social contributions
3 485
5 953
8 029
-
total
4 262
7 281
11 461
-
Corporate
150 755
117 997
-
-
income
18 844
14 750
-
-
total
18 844
14 750
-
-
Dividends
131 911
103 248
-
-
withholding
22 425
17 552
-
-
total
22 425
17 552
-
-
Income
197 000
197 000
197 000
197 000
Total tax
57 260
53 395
65 633
63 988
After tax
139 740
143 605
131 367
133 012
Living cost
30 253
30 253
30 253
30 253
Free-cash
109 487
113 352
101 114
102 759

Estimated living cost  is ₽30253 per week

₽20681
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2363
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6701
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97500
₽93887
₽119769
₽94234
S + D Salary + Dividends

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

Dividends

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

Salary

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

24 110
9 596
164 854
-
health
1 688
672
11 540
-
pensions
2 411
960
16 485
-
unemployment
362
144
2 473
-
income
2 948
1 173
20 153
-
total
7 409
2 949
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.

24 110
9 596
164 854
-
pensions
4 702
1 871
32 146
-
total
4 702
1 871
32 146
-
Corporate
168 188
185 533
-
-
income
15 137
16 698
-
-
total
15 137
16 698
-
-
Dividends
153 051
168 835
-
-
withholding
29 080
32 079
-
-
social contributions
29 735
32 813
-
-
total
58 815
64 892
-
-
Income
197 000
197 000
197 000
197 000
Total tax
86 063
86 410
82 797
60 528
After tax
110 937
110 590
114 203
136 472
Living cost
16 703
16 703
16 703
16 703
Free-cash
94 234
93 887
97 500
119 769

Estimated living cost  is ₽16703 per week

₽11398
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1367
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽334
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3604
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91020
₽135072
₽83061
₽129278
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
39 401
health
-
-
-
25 611
total
-
-
-
91 410
Employee
26 460
-
147 236
-
unemployment
423
-
2 356
-
pensions
529
-
2 945
-
income
2 979
-
28 386
-
total
3 931
-
33 687
-
Employer
26 460
-
147 236
-
unemployment
212
-
1 177
-
health
3 439
-
19 141
-
pensions
5 292
-
29 446
-
total
8 943
-
49 764
-
Corporate
161 596
197 000
-
-
income
32 319
39 399
-
-
total
32 319
39 399
-
-
Dividends
129 277
157 601
-
-
total
-
-
-
-
Income
197 000
197 000
197 000
197 000
Total tax
45 193
39 399
83 451
91 410
After tax
151 807
157 601
113 549
105 590
Living cost
22 529
22 529
22 529
22 529
Free-cash
129 278
135 072
91 020
83 061

Estimated living cost  is ₽22529 per week

₽15452
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1342
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5282
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87240
-₽4872
₽113732
₽12762
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
197 000
other
-
-
-
351
income
-
-
-
55 845
pensions
-
-
-
3 939
accident
-
-
-
239
health
-
-
-
2 065
total
-
-
-
62 439
Employee
32 765
-
179 187
-
health
3 752
-
20 517
-
pensions
3 689
-
7 223
-
income
4 495
-
43 378
-
total
11 936
-
71 118
-
Employer
32 765
-
179 187
-
unemployment
803
-
4 390
-
accident
547
-
2 992
-
pensions
5 328
-
10 431
-
total
6 678
-
17 813
-
Corporate
157 557
197 000
-
-
income

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

141 801
177 300
-
-
total
141 801
177 300
-
-
Dividends
15 756
19 700
-
-
withholding
2 994
3 743
-
-
total
2 994
3 743
-
-
Income
197 000
197 000
197 000
197 000
Total tax
163 409
181 043
88 931
62 439
After tax
33 591
15 957
108 069
134 561
Living cost
20 829
20 829
20 829
20 829
Free-cash
12 762
-4 872
87 240
113 732

Estimated living cost  is ₽20829 per week

₽15266
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽435
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3975
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽150046
₽179596
₽187476
₽178180
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We expect you will register a microenterprise to benefit from 1% tax rate. Otherwise you will be taxed at a personal income rate of 20%.

-
-
-
197 000
microenterprise

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

-
-
-
1 970
total
-
-
-
1 970
Employee
9 443
-
197 000
-
income
1 888
-
39 400
-
total
1 888
-
39 400
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

We will register your company as part of a virtual zone. Your non-Georgian corporate tax will be zero. Turnover in Georgia will be taxed at 15%.

187 557
197 000
-
-
total
-
-
-
-
Dividends
187 557
197 000
-
-
withholding
9 378
9 850
-
-
total
9 378
9 850
-
-
Income
197 000
197 000
197 000
197 000
Total tax
11 266
9 850
39 400
1 970
After tax
185 734
187 150
157 600
195 030
Living cost
7 554
7 554
7 554
7 554
Free-cash
178 180
179 596
150 046
187 476

Estimated living cost  is ₽7554 per week

₽4682
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽628
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽208
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2037
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89921
₽119883
₽91579
₽113585
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
197 000
other
-
-
-
6 737
income
-
-
-
33 549
pensions

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

-
-
-
34 041
health
-
-
-
6 241
total
-
-
-
80 568
Employee
33 866
-
161 104
-
health
474
-
1 986
-
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.

2 370
-
9 928
-
unemployment
338
-
1 418
-
income
5 830
-
32 997
-
total
9 012
-
46 329
-
Employer
33 866
-
161 104
-
unemployment
338
-
1 418
-
accident
271
-
1 289
-
health
474
-
1 986
-
pensions

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

5 758
-
24 113
-
other
1 694
-
7 091
-
total
8 535
-
35 897
-
Corporate
154 598
197 000
-
-
income
32 466
41 369
-
-
total
32 466
41 369
-
-
Dividends
122 132
155 631
-
-
withholding
8 549
10 895
-
-
total
8 549
10 895
-
-
Income
197 000
197 000
197 000
197 000
Total tax
58 562
52 264
82 226
80 568
After tax
138 438
144 736
114 774
116 432
Living cost
24 853
24 853
24 853
24 853
Free-cash
113 585
119 883
89 921
91 579

Estimated living cost  is ₽24853 per week

₽17560
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1678
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽400
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5215
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47801
₽62741
₽65457
₽70302
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
197 000
income
-
-
-
59 657
pensions
-
-
-
9 080
total
-
-
-
68 737
Employee
88 860
-
171 799
-
health
1 464
-
2 368
-
pensions
8 573
-
10 939
-
income
16 018
-
47 885
-
total
26 055
-
61 192
-
Employer
88 860
-
171 799
-
health
1 688
-
3 264
-
pensions
10 492
-
21 937
-
total
12 180
-
25 201
-
Corporate
95 960
197 000
-
-
income

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

18 233
37 430
-
-
total
18 233
37 430
-
-
Dividends
77 727
159 570
-
-
withholding
7 424
34 023
-
-
total
7 424
34 023
-
-
Income
197 000
197 000
197 000
197 000
Total tax
63 892
71 453
86 393
68 737
After tax
133 108
125 547
110 607
128 263
Living cost
62 806
62 806
62 806
62 806
Free-cash
70 302
62 741
47 801
65 457

Estimated living cost  is ₽62806 per week

₽47061
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7379
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7855
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽154590
₽156201
₽146514
₽151868
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
130
income
-
-
-
29 550
pensions

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

-
-
-
4 824
health
-
-
-
3 748
total
-
-
-
38 252
Employee
16 200
-
190 605
-
health
745
-
1 499
-
accident

We are using the highest rate at 1.1%.

178
-
359
-
pensions

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

1 422
-
2 862
-
income
1 620
-
19 060
-
total
3 965
-
23 780
-
Employer
16 200
-
190 605
-
unemployment
97
-
196
-
accident

We are using the highest rate at 1.1%.

178
-
359
-
health
1 118
-
2 249
-
pensions

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

1 785
-
3 592
-
total
3 178
-
6 396
-
Corporate
177 621
197 000
-
-
income
17 762
19 700
-
-
total
17 762
19 700
-
-
Dividends
159 859
177 300
-
-
withholding
7 993
8 865
-
-
total
7 993
8 865
-
-
Income
197 000
197 000
197 000
197 000
Total tax
32 898
28 565
30 176
38 252
After tax
164 102
168 435
166 824
158 748
Living cost
12 234
12 234
12 234
12 234
Free-cash
151 868
156 201
154 590
146 514

Estimated living cost  is ₽12234 per week

₽7143
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽874
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽324
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3894
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74292
₽46301
₽54764
₽48648
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
68 085
pensions
-
-
-
10 928
health
-
-
-
11 502
total
-
-
-
90 515
Employee
86 476
79 651
179 666
-
health
10 788
10 399
11 502
-
pensions
10 928
10 928
10 928
-
income

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

13 038
13 038
31 223
-
total
34 754
34 365
53 653
-
Employer
86 476
79 651
179 666
-
unemployment
3 113
2 867
3 563
-
health
6 009
5 537
6 880
-
pensions
6 018
5 544
6 891
-
total
15 140
13 948
17 334
-
Corporate
95 383
103 401
-
-
income
19 077
20 679
-
-
total
19 077
20 679
-
-
Dividends
76 306
82 721
-
-
withholding
11 445
12 408
-
-
income
16 215
17 578
-
-
total
27 660
29 986
-
-
Income
197 000
197 000
197 000
197 000
Total tax
96 631
98 978
70 987
90 515
After tax
100 369
98 022
126 013
106 485
Living cost
51 721
51 721
51 721
51 721
Free-cash
48 648
46 301
74 292
54 764

Estimated living cost  is ₽51721 per week

₽38153
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4620
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽593
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8356
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83937
₽112843
₽92406
₽104711
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
solidarity contribution
-
-
-
1 771
social contributions
-
-
-
32 796
income
-
-
-
20 641
health
-
-
-
26 595
total
-
-
-
81 803
Employee
33 517
-
154 974
-
health
4 525
-
20 921
-
social contributions
2 179
-
7 300
-
solidarity contribution
-
-
1 011
-
income
4 022
-
19 013
-
total
10 726
-
48 245
-
Employer
33 517
-
154 974
-
health
3 017
-
13 948
-
social contributions
8 379
-
28 079
-
total
11 396
-
42 027
-
Corporate
152 088
197 000
-
-
income
28 897
37 430
-
-
total
28 897
37 430
-
-
Dividends
123 191
159 570
-
-
withholding
18 479
23 936
-
-
total
18 479
23 936
-
-
Income
197 000
197 000
197 000
197 000
Total tax
69 498
61 366
90 272
81 803
After tax
127 502
135 634
106 728
115 197
Living cost
22 791
22 791
22 791
22 791
Free-cash
104 711
112 843
83 937
92 406

Estimated living cost  is ₽22791 per week

₽15831
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1621
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4891
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46871
₽65749
₽54779
₽60880
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 202
social contributions
-
-
-
46 683
national
-
-
-
52 547
regional
-
-
-
2 431
total
-
-
-
102 863
Employee
82 895
-
197 000
-
social contributions
27 952
-
61 202
-
national
14 364
-
46 304
-
regional
782
-
2 178
-
municipal
439
-
1 087
-
total
43 537
-
110 771
-
Employer
82 895
-
197 000
-
total
-
-
-
-
Corporate
114 105
197 000
-
-
municipal
4 450
7 684
-
-
nationa
27 386
47 279
-
-
total
31 836
54 963
-
-
Dividends
82 269
142 037
-
-
withholding
21 389
36 930
-
-
total
21 389
36 930
-
-
Income
197 000
197 000
197 000
197 000
Total tax
96 762
91 893
110 771
102 863
After tax
100 238
105 107
86 229
94 137
Living cost
39 358
39 358
39 358
39 358
Free-cash
60 880
65 749
46 871
54 779

Estimated living cost  is ₽39358 per week

₽27436
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2581
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽604
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8737
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66508
₽103332
₽72209
₽100426
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
197 000
surtax
-
-
-
9 987
other
-
-
-
-
unemployment
-
-
-
212
income
-
-
-
60 275
pensions
-
-
-
24 897
health
-
-
-
8 838
total
-
-
-
104 209
Employee
30 845
-
170 796
-
health
788
-
3 174
-
pensions
2 057
-
8 303
-
unemployment
2 147
-
8 664
-
surtax
101
-
8 870
-
other
-
-
-
-
income
5 170
-
54 696
-
total
10 263
-
83 707
-
Employer
30 845
-
170 796
-
unemployment
977
-
3 945
-
health
1 404
-
5 664
-
pensions
4 112
-
16 594
-
other
-
-
-
-
total
6 493
-
26 203
-
Corporate
159 663
197 000
-
-
income
41 513
51 219
-
-
total
41 513
51 219
-
-
Dividends
118 150
145 781
-
-
withholding
17 723
21 867
-
-
total
17 723
21 867
-
-
Income
197 000
197 000
197 000
197 000
Total tax
75 992
73 086
109 910
104 209
After tax
121 008
123 914
87 090
92 791
Living cost
20 582
20 582
20 582
20 582
Free-cash
100 426
103 332
66 508
72 209

Estimated living cost  is ₽20582 per week

₽12585
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1899
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.
₽5623
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67700
₽82640
₽85356
₽88845
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
197 000
income
-
-
-
59 657
pensions
-
-
-
9 080
total
-
-
-
68 737
Employee
59 552
-
171 799
-
health
864
-
2 368
-
pensions
5 055
-
10 939
-
income
10 726
-
47 885
-
total
16 645
-
61 192
-
Employer
59 552
-
171 799
-
health
1 131
-
3 264
-
pensions
6 447
-
21 937
-
total
7 578
-
25 201
-
Corporate
129 870
197 000
-
-
income

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

24 675
37 430
-
-
total
24 675
37 430
-
-
Dividends
105 195
159 570
-
-
withholding
16 350
34 023
-
-
total
16 350
34 023
-
-
Income
197 000
197 000
197 000
197 000
Total tax
65 248
71 453
86 393
68 737
After tax
131 752
125 547
110 607
128 263
Living cost
42 907
42 907
42 907
42 907
Free-cash
88 845
82 640
67 700
85 356

Estimated living cost  is ₽42907 per week

₽32146
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3216
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7096
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽75627
₽16312
₽83605
₽47875
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other

This will depend on a canton and a chosen fund. The rate is between 0.3% and 3.4% with a maximum base of 148,200 CHF. We use 2% as an average rate.

-
-
-
3 939
national
-
-
-
4 458
pensions
-
-
-
18 125
regional
-
-
-
10 582
health
-
-
-
443
total
-
-
-
39 624
Employee
86 331
-
176 844
-
health
195
-
398
-
pensions
7 253
-
14 275
-
unemployment
-
-
-
-
city
927
-
1 906
-
national
409
-
3 516
-
regional
2 827
-
9 297
-
total
11 611
-
29 392
-
Employer
86 331
-
176 844
-
unemployment
-
-
-
-
health
195
-
398
-
pensions
7 253
-
14 275
-
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.

1 726
-
3 537
-
total
9 174
-
18 210
-
Corporate
100 546
197 000
-
-
regional
21 266
41 666
-
-
national
8 547
16 745
-
-
total
29 813
58 411
-
-
Dividends
70 733
138 588
-
-
withholding
24 756
48 506
-
-
total
24 756
48 506
-
-
Income
197 000
197 000
197 000
197 000
Total tax
75 354
106 917
47 602
39 624
After tax
121 646
90 083
149 398
157 376
Living cost
73 771
73 771
73 771
73 771
Free-cash
47 875
16 312
75 627
83 605

Estimated living cost  is ₽73771 per week

₽47972
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6620
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽906
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18273
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽79829
₽54549
₽53480
₽69675
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
3 549
trade
-
-
-
26 349
income

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

-
-
-
64 521
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.

-
-
-
6 372
total
-
-
-
100 791
Employee

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

56 055
-
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.

6 372
-
6 372
-
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.

363
-
3 549
-
income

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

6 592
-
64 521
-
total
13 327
-
74 442
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
140 945
197 000
-
-
chamber of commerce
340
419
-
-
trade
24 172
33 786
-
-
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.

1 163
1 625
-
-
income
21 141
29 551
-
-
total
46 816
65 381
-
-
Dividends
94 129
131 619
-
-
withholding
23 179
32 551
-
-
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.

1 274
1 790
-
-
total
24 453
34 341
-
-
Income
197 000
197 000
197 000
197 000
Total tax
84 596
99 722
74 442
100 791
After tax
112 404
97 278
122 558
96 209
Living cost
42 729
42 729
42 729
42 729
Free-cash
69 675
54 549
79 829
53 480

Estimated living cost  is ₽42729 per week

₽31207
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3418
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7549
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72044
₽67377
₽77001
₽72886
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
-
other
-
-
-
6 107
social contributions
-
-
-
5 613
income
-
-
-
35 005
pensions
-
-
-
32 011
health
-
-
-
9 351
total
-
-
-
88 087
Employee
39 919
-
150 825
-
social contributions
1 138
-
4 298
-
pensions
4 514
-
11 169
-
surtax
-
-
-
-
income
2 356
-
31 403
-
total
8 008
-
46 870
-
Employer
39 919
-
150 825
-
unemployment
1 616
-
6 108
-
health
2 795
-
14 760
-
pensions
6 558
-
18 680
-
other
1 377
-
6 173
-
social contributions
120
-
453
-
total
12 466
-
46 174
-
Corporate
144 614
197 000
-
-
surtax
-
-
-
-
income
40 491
55 160
-
-
total
40 491
55 160
-
-
Dividends
104 123
141 840
-
-
withholding
13 328
18 155
-
-
surtax
-
-
-
-
social contributions
17 909
24 396
-
-
total
31 237
42 551
-
-
Income
197 000
197 000
197 000
197 000
Total tax
92 202
97 711
93 044
88 087
After tax
104 798
99 289
103 956
108 913
Living cost
31 912
31 912
31 912
31 912
Free-cash
72 886
67 377
72 044
77 001

Estimated living cost  is ₽31912 per week

₽20122
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2595
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽543
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8654
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75206
₽70539
₽80163
₽75722
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
-
other
-
-
-
6 107
social contributions
-
-
-
5 613
income
-
-
-
35 005
pensions
-
-
-
32 011
health
-
-
-
9 351
total
-
-
-
88 087
Employee
35 634
-
150 825
-
social contributions
1 016
-
4 298
-
pensions
4 030
-
11 169
-
surtax
-
-
-
-
income
1 837
-
31 403
-
total
6 883
-
46 870
-
Employer
35 634
-
150 825
-
unemployment
1 443
-
6 108
-
health
2 494
-
14 760
-
pensions
5 855
-
18 680
-
other
1 230
-
6 173
-
social contributions
106
-
453
-
total
11 128
-
46 174
-
Corporate
150 238
197 000
-
-
surtax
-
-
-
-
income
42 067
55 160
-
-
total
42 067
55 160
-
-
Dividends
108 171
141 840
-
-
withholding
13 845
18 155
-
-
surtax
-
-
-
-
social contributions
18 605
24 396
-
-
total
32 450
42 551
-
-
Income
197 000
197 000
197 000
197 000
Total tax
92 528
97 711
93 044
88 087
After tax
104 472
99 289
103 956
108 913
Living cost
28 750
28 750
28 750
28 750
Free-cash
75 722
70 539
75 206
80 163

Estimated living cost  is ₽28750 per week

₽16674
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2921
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8611
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽101711
₽100409
₽106734
₽100893
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
197 000
social contributions
-
-
-
27 186
income
-
-
-
29 551
health
-
-
-
13 751
total
-
-
-
70 488
Employee
31 625
-
197 000
-
health
2 207
-
13 751
-
social contributions
4 365
-
27 186
-
income
5 275
-
34 574
-
total
11 847
-
75 511
-
Employer
31 625
-
197 000
-
total
-
-
-
-
Corporate
165 375
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%.

8 270
9 850
-
-
total
8 270
9 850
-
-
Dividends
157 105
187 150
-
-
withholding
23 566
28 073
-
-
health
10 965
13 063
-
-
social contributions
21 681
25 827
-
-
total
56 212
66 963
-
-
Income
197 000
197 000
197 000
197 000
Total tax
76 329
76 813
75 511
70 488
After tax
120 671
120 187
121 489
126 512
Living cost
19 778
19 778
19 778
19 778
Free-cash
100 893
100 409
101 711
106 734

Estimated living cost  is ₽19778 per week

₽13236
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1220
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4866
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18918
₽75821
₽68263
₽74379
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
184
chamber of commerce
-
-
-
788
unemployment
-
-
-
5 721
income
-
-
-
60 684
pensions
-
-
-
20 159
health
-
-
-
8 335
total
-
-
-
95 871
Employee
46 614
37 171
161 614
-
health
1 804
1 439
4 216
-
pensions
4 774
3 806
11 158
-
unemployment
1 398
1 115
3 269
-
other
466
372
1 090
-
income
5 307
2 742
50 579
-
total
13 749
9 474
70 312
-
Employer
46 614
37 171
161 614
-
unemployment
1 398
1 115
3 269
-
payroll
1 398
1 115
4 848
-
accident
605
483
1 416
-
health
1 761
1 405
4 119
-
pensions
5 850
4 666
13 675
-
other
2 214
1 765
7 229
-
surtax
184
184
184
-
chamber of commerce
186
149
646
-
total
13 596
10 882
35 386
-
Corporate
136 789
148 947
158 073
-
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.

34 197
37 236
39 518
-
total
34 197
37 236
39 518
-
Dividends
102 592
111 711
-
-
withholding
28 213
30 721
-
-
total
28 213
30 721
-
-
Income
197 000
197 000
197 000
197 000
Total tax
89 755
88 313
145 216
95 871
After tax
107 245
108 687
51 784
101 129
Living cost
32 866
32 866
32 866
32 866
Free-cash
74 379
75 821
18 918
68 263

Estimated living cost  is ₽32866 per week

₽21920
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2804
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7602
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33524
₽74813
₽51609
₽62110
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
197 000
social contributions
-
-
-
23 254
communal

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

-
-
-
10 425
national
-
-
-
77 703
total
-
-
-
111 382
Employee

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

66 719
-
152 579
-
health

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

3 135
-
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.

5 004
-
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.

581
-
1 328
-
national
20 512
-
57 149
-
communal

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

3 480
-
7 958
-
total
32 712
-
85 048
-
Employer

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

66 719
-
152 579
-
unemployment

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

974
-
2 228
-
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.

867
-
1 984
-
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.

4 103
-
9 385
-
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.

5 912
-
13 518
-
surtax
7 565
-
17 304
-
total
19 421
-
44 419
-
Corporate
110 860
197 000
-
-
surtax
444
825
-
-
income
22 171
41 199
-
-
total
22 615
42 024
-
-
Dividends
88 245
154 976
-
-
withholding

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

26 133
46 154
-
-
total
26 133
46 154
-
-
Income
197 000
197 000
197 000
197 000
Total tax
100 881
88 178
129 467
111 382
After tax
96 119
108 822
67 533
85 618
Living cost
34 009
34 009
34 009
34 009
Free-cash
62 110
74 813
33 524
51 609

Estimated living cost  is ₽34009 per week

₽21906
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2974
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽533
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8597
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72591
₽97232
₽76505
₽90844
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
197 000
other
-
-
-
87
unemployment
-
-
-
605
income
-
-
-
60 874
pensions
-
-
-
24 465
accident
-
-
-
779
total
-
-
-
86 810
Employee
46 429
-
169 439
-
pensions
2 182
-
4 064
-
unemployment
720
-
1 340
-
other
46
-
87
-
income
9 796
-
57 672
-
total
12 744
-
63 163
-
Employer
46 429
-
169 439
-
unemployment
2 554
-
4 754
-
accident
919
-
1 712
-
pensions
10 957
-
20 403
-
other
370
-
692
-
total
14 800
-
27 561
-
Corporate
135 772
197 000
-
-
income

The general rate of corporate tax is 25%. The lower rate of 15% is introduced for newly formed companies which applies during the first two years of operation in which taxable profit is made. We use the lower rate in our model.

20 366
29 551
-
-
total
20 366
29 551
-
-
Dividends
115 406
167 449
-
-
withholding
24 561
36 532
-
-
total
24 561
36 532
-
-
Income
197 000
197 000
197 000
197 000
Total tax
72 471
66 083
90 724
86 810
After tax
124 529
130 917
106 276
110 190
Living cost
33 685
33 685
33 685
33 685
Free-cash
90 844
97 232
72 591
76 505

Estimated living cost  is ₽33685 per week

₽24805
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2390
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6004
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50901
₽61913
₽43049
₽49169
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
9 767
income
-
-
-
36 016
communal
-
-
-
12 450
pensions
-
-
-
29 528
accident
-
-
-
1 660
health
-
-
-
13 842
total
-
-
-
103 263
Employee
70 635
-
175 970
-
health
3 144
-
7 832
-
pensions
5 650
-
14 077
-
surtax
4 329
-
10 785
-
income
6 823
-
41 687
-
total
19 946
-
74 381
-
Employer
70 635
-
175 970
-
accident
635
-
1 584
-
health
2 154
-
5 369
-
pensions
5 650
-
14 077
-
total
8 439
-
21 030
-
Corporate
117 926
197 000
-
-
communal
7 960
13 298
-
-
surtax
1 239
2 069
-
-
income
17 690
29 551
-
-
total
26 889
44 918
-
-
Dividends
91 037
152 082
-
-
withholding
13 656
22 812
-
-
income
28 213
16 669
-
-
total
41 869
39 481
-
-
Income
197 000
197 000
197 000
197 000
Total tax
97 143
84 399
95 411
103 263
After tax
99 857
112 601
101 589
93 737
Living cost
50 688
50 688
50 688
50 688
Free-cash
49 169
61 913
50 901
43 049

Estimated living cost  is ₽50688 per week

₽38024
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3071
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9055
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66140
₽102964
₽71841
₽99996
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
9 987
other
-
-
-
-
unemployment
-
-
-
212
income
-
-
-
60 275
pensions
-
-
-
24 897
health
-
-
-
8 838
total
-
-
-
104 209
Employee
31 411
-
170 796
-
health
802
-
3 174
-
pensions
2 096
-
8 303
-
unemployment
2 186
-
8 664
-
surtax
112
-
8 870
-
other
-
-
-
-
income
5 266
-
54 696
-
total
10 462
-
83 707
-
Employer
31 411
-
170 796
-
unemployment
997
-
3 945
-
health
1 428
-
5 664
-
pensions
4 188
-
16 594
-
other
-
-
-
-
total
6 613
-
26 203
-
Corporate
158 976
197 000
-
-
income
41 334
51 219
-
-
total
41 334
51 219
-
-
Dividends
117 642
145 781
-
-
withholding
17 645
21 867
-
-
total
17 645
21 867
-
-
Income
197 000
197 000
197 000
197 000
Total tax
76 054
73 086
109 910
104 209
After tax
120 946
123 914
87 090
92 791
Living cost
20 950
20 950
20 950
20 950
Free-cash
99 996
102 964
66 140
71 841

Estimated living cost  is ₽20950 per week

₽12649
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1821
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽487
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5995
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60524
₽78424
₽68391
₽76349
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 202
social contributions
-
-
-
46 683
national
-
-
-
52 547
regional
-
-
-
3 051
total
-
-
-
103 483
Employee
51 740
-
197 000
-
social contributions
17 447
-
61 202
-
national
8 197
-
46 304
-
regional
697
-
2 757
-
municipal
274
-
1 087
-
total
26 615
-
111 350
-
Employer
51 740
-
197 000
-
total
-
-
-
-
Corporate
145 260
197 000
-
-
municipal
7 220
9 790
-
-
nationa
34 863
47 279
-
-
total
42 083
57 069
-
-
Dividends
103 178
139 931
-
-
withholding
26 827
36 381
-
-
total
26 827
36 381
-
-
Income
197 000
197 000
197 000
197 000
Total tax
95 525
93 450
111 350
103 483
After tax
101 475
103 550
85 650
93 517
Living cost
25 126
25 126
25 126
25 126
Free-cash
76 349
78 424
60 524
68 391

Estimated living cost  is ₽25126 per week

₽15626
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2545
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽430
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6524
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78643
₽107549
₽87112
₽97530
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
solidarity contribution
-
-
-
1 771
social contributions
-
-
-
32 796
income
-
-
-
20 641
health
-
-
-
26 595
total
-
-
-
81 803
Employee
41 301
-
154 974
-
health
5 576
-
20 921
-
social contributions
2 685
-
7 300
-
solidarity contribution
-
-
1 011
-
income
4 956
-
19 013
-
total
13 217
-
48 245
-
Employer
41 301
-
154 974
-
health
3 717
-
13 948
-
social contributions
10 325
-
28 079
-
total
14 042
-
42 027
-
Corporate
141 656
197 000
-
-
income
26 915
37 430
-
-
total
26 915
37 430
-
-
Dividends
114 742
159 570
-
-
withholding
17 211
23 936
-
-
total
17 211
23 936
-
-
Income
197 000
197 000
197 000
197 000
Total tax
71 385
61 366
90 272
81 803
After tax
125 615
135 634
106 728
115 197
Living cost
28 085
28 085
28 085
28 085
Free-cash
97 530
107 549
78 643
87 112

Estimated living cost  is ₽28085 per week

₽20886
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1556
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.
₽5157
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22074
₽79031
₽71556
₽78570
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
-
chamber of commerce
-
-
-
788
unemployment
-
-
-
5 721
income
-
-
-
60 684
pensions
-
-
-
20 159
health
-
-
-
8 335
total
-
-
-
95 687
Employee
40 772
37 171
161 783
-
health
1 577
1 439
4 216
-
pensions
4 176
3 806
11 158
-
unemployment
1 223
1 115
3 269
-
other
407
372
1 090
-
income
3 632
2 742
50 660
-
total
11 015
9 474
70 393
-
Employer
40 772
37 171
161 783
-
unemployment
1 223
1 115
3 269
-
payroll
1 223
1 115
4 853
-
accident
529
483
1 416
-
health
1 542
1 405
4 119
-
pensions
5 117
4 666
13 675
-
other
1 936
1 765
7 236
-
surtax
-
-
-
-
chamber of commerce
163
149
648
-
total
11 733
10 698
35 216
-
Corporate
144 494
149 131
158 243
-
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.

36 123
37 282
39 560
-
total
36 123
37 282
39 560
-
Dividends
108 371
111 849
-
-
withholding
29 802
30 758
-
-
total
29 802
30 758
-
-
Income
197 000
197 000
197 000
197 000
Total tax
88 673
88 212
145 169
95 687
After tax
108 327
108 788
51 831
101 313
Living cost
29 757
29 757
29 757
29 757
Free-cash
78 570
79 031
22 074
71 556

Estimated living cost  is ₽29757 per week

₽17851
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3039
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8337
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽145828
₽175378
₽183258
₽173171
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
14 715
-
197 000
-
income
2 943
-
39 400
-
total
2 943
-
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%.

182 285
197 000
-
-
total
-
-
-
-
Dividends
182 285
197 000
-
-
withholding
9 114
9 850
-
-
total
9 114
9 850
-
-
Income
197 000
197 000
197 000
197 000
Total tax
12 057
9 850
39 400
1 970
After tax
184 943
187 150
157 600
195 030
Living cost
11 772
11 772
11 772
11 772
Free-cash
173 171
175 378
145 828
183 258

Estimated living cost  is ₽11772 per week

₽7966
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽494
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽395
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2917
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63521
₽110615
₽67795
₽102813
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
296
income
-
-
-
48 528
pensions
-
-
-
35 978
health
-
-
-
19 385
total
-
-
-
104 187
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.

41 246
-
170 458
-
health
2 664
-
11 011
-
pensions
6 393
-
26 421
-
unemployment
58
-
239
-
income
7 113
-
44 250
-
total
16 228
-
81 921
-
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.

41 246
-
170 458
-
unemployment
25
-
103
-
health
2 747
-
11 351
-
pensions
3 650
-
15 086
-
total
6 422
-
26 540
-
Corporate
149 333
197 000
-
-
income
28 374
37 431
-
-
total
28 374
37 431
-
-
Dividends
120 959
159 569
-
-
withholding
18 145
23 936
-
-
total
18 145
23 936
-
-
Income
197 000
197 000
197 000
197 000
Total tax
69 169
61 367
108 461
104 187
After tax
127 831
135 633
88 539
92 813
Living cost
25 018
25 018
25 018
25 018
Free-cash
102 813
110 615
63 521
67 795

Estimated living cost  is ₽25018 per week

₽17169
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1604
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5761
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽144793
₽79846
₽96134
₽35740
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
197 000
social contributions
-
-
-
22 458
income
-
-
-
38 399
total
-
-
-
60 857
Employee
57 367
-
-
-
social contributions
4 704
-
670
-
income
12 654
-
-
-
total
17 358
-
670
-
Employer
57 367
-
-
-
social contributions
80 888
-
11 528
-
total
80 888
-
11 528
-
Corporate
58 745
197 000
-
-
income
12 924
43 340
-
-
total
12 924
43 340
-
-
Dividends
45 821
153 660
-
-
income
10 081
33 805
-
-
total
10 081
33 805
-
-
Income
197 000
197 000
197 000
197 000
Total tax
121 251
77 145
12 198
60 857
After tax
75 749
119 855
184 802
136 143
Living cost
40 009
40 009
40 009
40 009
Free-cash
35 740
79 846
144 793
96 134

Estimated living cost  is ₽40009 per week

₽25959
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3763
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽510
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9777
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59209
₽82798
₽74148
₽81857
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Based on articles 30.º, 31.º and 151.º of CIRS, sole-trader can use 75% of income as a tax base when earnings are below €200,000 per annum.

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

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

-
-
-
68 458
income
-
-
-
25 137
total
-
-
-
93 595
Employee
42 898
-
159 192
-
social contributions
4 719
-
17 511
-
surtax
-
-
2
-
income
8 923
-
53 213
-
total
13 642
-
70 726
-
Employer
42 898
-
159 192
-
social contributions
10 188
-
37 808
-
total
10 188
-
37 808
-
Corporate
143 913
197 000
-
-
surtax
-
-
-
-
income
30 222
41 369
-
-
total
30 222
41 369
-
-
Dividends
113 692
155 631
-
-
withholding
31 834
43 576
-
-
total
31 834
43 576
-
-
Income
197 000
197 000
197 000
197 000
Total tax
85 886
84 945
108 534
93 595
After tax
111 114
112 055
88 466
103 405
Living cost
29 257
29 257
29 257
29 257
Free-cash
81 857
82 798
59 209
74 148

Estimated living cost  is ₽29257 per week

₽21890
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1726
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5153
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58906
₽54239
₽63863
₽60650
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
-
other
-
-
-
6 107
social contributions
-
-
-
5 613
income
-
-
-
35 005
pensions
-
-
-
32 011
health
-
-
-
9 351
total
-
-
-
88 087
Employee
58 419
-
150 825
-
social contributions
1 664
-
4 298
-
pensions
6 608
-
11 169
-
surtax
-
-
-
-
income
5 097
-
31 403
-
total
13 369
-
46 870
-
Employer
58 419
-
150 825
-
unemployment
2 367
-
6 108
-
health
4 089
-
14 760
-
pensions
9 599
-
18 680
-
other
2 016
-
6 173
-
social contributions
175
-
453
-
total
18 246
-
46 174
-
Corporate
120 336
197 000
-
-
surtax
-
-
-
-
income
33 694
55 160
-
-
total
33 694
55 160
-
-
Dividends
86 641
141 840
-
-
withholding
11 089
18 155
-
-
surtax
-
-
-
-
social contributions
14 902
24 396
-
-
total
25 991
42 551
-
-
Income
197 000
197 000
197 000
197 000
Total tax
91 300
97 711
93 044
88 087
After tax
105 700
99 289
103 956
108 913
Living cost
45 050
45 050
45 050
45 050
Free-cash
60 650
54 239
58 906
63 863

Estimated living cost  is ₽45050 per week

₽30489
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3685
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽618
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10257
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽121154
₽149262
₽115919
₽146128
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 702
social contributions
-
-
-
43 341
total
-
-
-
53 043
Employee
29 986
-
170 563
-
social contributions
1 949
-
11 087
-
income
-
-
10 284
-
total
1 949
-
21 371
-
Employer
29 986
-
170 563
-
social contributions
4 648
-
26 437
-
total
4 648
-
26 437
-
Corporate
162 366
197 000
-
-
income
16 237
19 700
-
-
total
16 237
19 700
-
-
Dividends
146 129
177 300
-
-
total
-
-
-
-
Income
197 000
197 000
197 000
197 000
Total tax
22 834
19 700
47 808
53 043
After tax
174 166
177 300
149 192
143 957
Living cost
28 038
28 038
28 038
28 038
Free-cash
146 128
149 262
121 154
115 919

Estimated living cost  is ₽28038 per week

₽18129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2113
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.
₽7268
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6226
-₽6226
₽69376
-₽6226
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
42 007
labour market
-
-
-
15 695
national
-
-
-
24 192
pensions
-
-
-
809
total
-
-
-
82 703
Employee
189 602
189 602
189 602
-
pensions
270
270
270
-
national
23 163
23 163
23 163
-
labour market
15 147
15 147
15 147
-
municipal
40 375
40 375
40 375
-
total
78 955
78 955
78 955
-
Employer
189 602
189 602
189 602
-
pensions
539
539
539
-
national
23 204
23 204
23 204
-
labour market
15 168
15 168
15 168
-
municipal
40 439
40 439
40 439
-
total
79 350
79 350
79 350
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
197 000
197 000
197 000
197 000
Total tax
158 305
158 305
158 305
82 703
After tax
38 695
38 695
38 695
114 297
Living cost
44 921
44 921
44 921
44 921
Free-cash
-6 226
-6 226
-6 226
69 376

Estimated living cost  is ₽44921 per week

₽30745
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3974
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽691
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9512
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87547
-₽4565
₽114039
₽12808
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
197 000
other
-
-
-
351
income
-
-
-
55 845
pensions
-
-
-
3 939
accident
-
-
-
239
health
-
-
-
2 065
total
-
-
-
62 439
Employee
32 282
-
179 187
-
health
3 697
-
20 517
-
pensions
3 635
-
7 223
-
income
4 429
-
43 378
-
total
11 761
-
71 118
-
Employer
32 282
-
179 187
-
unemployment
791
-
4 390
-
accident
539
-
2 992
-
pensions
5 249
-
10 431
-
total
6 579
-
17 813
-
Corporate
158 138
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.

142 325
177 300
-
-
total
142 325
177 300
-
-
Dividends
15 814
19 700
-
-
withholding
3 005
3 743
-
-
total
3 005
3 743
-
-
Income
197 000
197 000
197 000
197 000
Total tax
163 670
181 043
88 931
62 439
After tax
33 330
15 957
108 069
134 561
Living cost
20 522
20 522
20 522
20 522
Free-cash
12 808
-4 565
87 547
114 039

Estimated living cost  is ₽20522 per week

₽14938
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1170
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽385
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4029
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63935
₽85603
₽86501
₽88484
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
34 985
national
-
-
-
37 060
health
-
-
-
2 644
total
-
-
-
74 689
Employee
49 073
-
165 725
-
health
366
-
2 163
-
pensions
3 312
-
11 187
-
unemployment
736
-
2 485
-
national
811
-
23 165
-
municipal
8 038
-
26 981
-
total
13 263
-
65 981
-
Employer
49 073
-
165 725
-
unemployment
319
-
1 078
-
accident
50
-
166
-
health
377
-
1 276
-
pensions
8 514
-
28 754
-
total
9 260
-
31 274
-
Corporate
138 668
197 000
-
-
income
27 733
39 399
-
-
total
27 733
39 399
-
-
Dividends

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

83 201
118 201
-
-
national
7 474
14 912
-
-
municipal
14 976
21 276
-
-
total
22 450
36 188
-
-
Income
197 000
197 000
197 000
197 000
Total tax
72 706
75 587
97 255
74 689
After tax
124 294
121 413
99 745
122 311
Living cost
35 810
35 810
35 810
35 810
Free-cash
88 484
85 603
63 935
86 501

Estimated living cost  is ₽35810 per week

₽23391
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3444
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽570
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8406
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽109772
₽122010
₽111417
₽116935
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
197 000
social contributions
-
-
-
15 091
income
-
-
-
43 874
health
-
-
-
5 023
total
-
-
-
63 988
Employee
71 723
71 723
185 539
-
health
556
1 220
3 154
-
social contributions
2 712
5 953
8 029
-
income
7 809
6 639
42 989
-
total
11 077
13 812
54 172
-
Employer
71 723
71 723
185 539
-
health
604
1 328
3 432
-
social contributions
2 712
5 953
8 029
-
total
3 316
7 281
11 461
-
Corporate
161 013
117 997
-
-
income
20 127
14 750
-
-
total
20 127
14 750
-
-
Dividends
140 886
103 248
-
-
withholding
23 950
17 552
-
-
total
23 950
17 552
-
-
Income
197 000
197 000
197 000
197 000
Total tax
58 470
53 395
65 633
63 988
After tax
138 530
143 605
131 367
133 012
Living cost
21 595
21 595
21 595
21 595
Free-cash
116 935
122 010
109 772
111 417

Estimated living cost  is ₽21595 per week

₽12942
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2119
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6057
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽133832
₽148327
₽152543
₽143581
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
27
income
-
-
-
20 313
pensions
-
-
-
5 933
health
-
-
-
3 375
total
-
-
-
29 648
Employee

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

21 409
-
187 884
-
health
1 820
-
7 523
-
pensions
3 211
-
13 275
-
unemployment
106
-
443
-
income
1 464
-
18 001
-
total
6 601
-
39 242
-
Employer

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

21 409
-
187 884
-
unemployment
106
-
443
-
health
920
-
3 806
-
pensions
1 177
-
4 868
-
total
2 203
-
9 117
-
Corporate
173 387
197 000
-
-
income
15 605
17 730
-
-
total
15 605
17 730
-
-
Dividends
157 782
179 270
-
-
withholding
14 201
16 134
-
-
total
14 201
16 134
-
-
Income
197 000
197 000
197 000
197 000
Total tax
38 610
33 864
48 359
29 648
After tax
158 390
163 136
148 641
167 352
Living cost
14 809
14 809
14 809
14 809
Free-cash
143 581
148 327
133 832
152 543

Estimated living cost  is ₽14809 per week

₽9448
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1067
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽441
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3852
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80627
₽105268
₽84541
₽101151
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
197 000
other
-
-
-
87
unemployment
-
-
-
605
income
-
-
-
60 874
pensions
-
-
-
24 465
accident
-
-
-
779
total
-
-
-
86 810
Employee
34 489
-
169 439
-
pensions
1 621
-
4 064
-
unemployment
535
-
1 340
-
other
34
-
87
-
income
6 649
-
57 672
-
total
8 839
-
63 163
-
Employer
34 489
-
169 439
-
unemployment
1 897
-
4 754
-
accident
683
-
1 712
-
pensions
8 139
-
20 403
-
other
276
-
692
-
total
10 995
-
27 561
-
Corporate
151 516
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.

22 727
29 551
-
-
total
22 727
29 551
-
-
Dividends
128 789
167 449
-
-
withholding
27 639
36 532
-
-
total
27 639
36 532
-
-
Income
197 000
197 000
197 000
197 000
Total tax
70 200
66 083
90 724
86 810
After tax
126 800
130 917
106 276
110 190
Living cost
25 649
25 649
25 649
25 649
Free-cash
101 151
105 268
80 627
84 541

Estimated living cost  is ₽25649 per week

₽17313
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2466
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5422
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽124901
₽121029
₽125036
₽120717
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
67 676
pensions
-
-
-
1 385
health
-
-
-
1 004
total
-
-
-
70 065
Employee
2 893
-
195 441
-
health
145
-
346
-
pensions
260
-
623
-
unemployment
29
-
69
-
income
560
-
67 603
-
total
994
-
68 641
-
Employer
2 893
-
195 441
-
unemployment
58
-
139
-
health
275
-
658
-
pensions
318
-
762
-
total
651
-
1 559
-
Corporate
193 456
197 000
-
-
income
42 560
43 340
-
-
total
42 560
43 340
-
-
Dividends
150 896
153 660
-
-
withholding
30 179
30 732
-
-
total
30 179
30 732
-
-
Income
197 000
197 000
197 000
197 000
Total tax
74 384
74 072
70 200
70 065
After tax
122 616
122 928
126 800
126 935
Living cost
1 899
1 899
1 899
1 899
Free-cash
120 717
121 029
124 901
125 036

Estimated living cost  is ₽1899 per week

₽1129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽43
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽573
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽109453
₽126200
₽109454
₽121611
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
1 034
income
-
-
-
45 353
pensions
-
-
-
17 925
health
-
-
-
7 101
total
-
-
-
71 413
Employee

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

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

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

24 328
-
184 659
-
health
1 253
-
3 551
-
pensions
3 406
-
9 652
-
unemployment
182
-
517
-
income
3 353
-
45 353
-
total
8 194
-
59 073
-
Employer

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

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

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

24 328
-
184 659
-
unemployment
182
-
517
-
health
1 253
-
3 551
-
pensions
2 919
-
8 273
-
total
4 354
-
12 341
-
Corporate
168 317
197 000
-
-
income
25 248
29 550
-
-
total
25 248
29 550
-
-
Dividends
143 070
167 450
-
-
withholding
21 460
25 117
-
-
total
21 460
25 117
-
-
Income
197 000
197 000
197 000
197 000
Total tax
59 256
54 667
71 414
71 413
After tax
137 744
142 333
125 586
125 587
Living cost
16 133
16 133
16 133
16 133
Free-cash
121 611
126 200
109 453
109 454

Estimated living cost  is ₽16133 per week

₽10863
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1248
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽467
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3556
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63320
₽86909
₽78259
₽86571
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Based on articles 30.º, 31.º and 151.º of CIRS, sole-trader can use 75% of income as a tax base when earnings are below €200,000 per annum.

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

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

-
-
-
68 458
income
-
-
-
25 137
total
-
-
-
93 595
Employee
36 201
-
159 192
-
social contributions
3 983
-
17 511
-
surtax
-
-
2
-
income
7 074
-
53 213
-
total
11 057
-
70 726
-
Employer
36 201
-
159 192
-
social contributions
8 597
-
37 808
-
total
8 597
-
37 808
-
Corporate
152 202
197 000
-
-
surtax
-
-
-
-
income
31 961
41 369
-
-
total
31 961
41 369
-
-
Dividends
120 240
155 631
-
-
withholding
33 668
43 576
-
-
total
33 668
43 576
-
-
Income
197 000
197 000
197 000
197 000
Total tax
85 283
84 945
108 534
93 595
After tax
111 717
112 055
88 466
103 405
Living cost
25 146
25 146
25 146
25 146
Free-cash
86 571
86 909
63 320
78 259

Estimated living cost  is ₽25146 per week

₽17810
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1747
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽446
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5144
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73496
₽98137
₽77410
₽92035
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
197 000
other
-
-
-
87
unemployment
-
-
-
605
income
-
-
-
60 874
pensions
-
-
-
24 465
accident
-
-
-
779
total
-
-
-
86 810
Employee
45 047
-
169 439
-
pensions
2 117
-
4 064
-
unemployment
697
-
1 340
-
other
44
-
87
-
income
9 409
-
57 672
-
total
12 267
-
63 163
-
Employer
45 047
-
169 439
-
unemployment
2 478
-
4 754
-
accident
892
-
1 712
-
pensions
10 631
-
20 403
-
other
361
-
692
-
total
14 362
-
27 561
-
Corporate
137 591
197 000
-
-
income

The general rate of corporate tax is 25%. The lower rate of 15% is introduced for newly formed companies which applies during the first two years of operation in which taxable profit is made. We use the lower rate in our model.

20 639
29 551
-
-
total
20 639
29 551
-
-
Dividends
116 953
167 449
-
-
withholding
24 917
36 532
-
-
total
24 917
36 532
-
-
Income
197 000
197 000
197 000
197 000
Total tax
72 185
66 083
90 724
86 810
After tax
124 815
130 917
106 276
110 190
Living cost
32 780
32 780
32 780
32 780
Free-cash
92 035
98 137
73 496
77 410

Estimated living cost  is ₽32780 per week

₽23541
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2549
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6229
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽150772
₽152383
₽142696
₽146695
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
130
income
-
-
-
29 550
pensions

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

-
-
-
4 824
health
-
-
-
3 748
total
-
-
-
38 252
Employee
21 255
-
190 605
-
health
978
-
1 499
-
accident

We are using the highest rate at 1.1%.

234
-
359
-
pensions

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

1 866
-
2 862
-
income
2 126
-
19 060
-
total
5 204
-
23 780
-
Employer
21 255
-
190 605
-
unemployment
128
-
196
-
accident

We are using the highest rate at 1.1%.

234
-
359
-
health
1 467
-
2 249
-
pensions

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

2 342
-
3 592
-
total
4 171
-
6 396
-
Corporate
171 575
197 000
-
-
income
17 157
19 700
-
-
total
17 157
19 700
-
-
Dividends
154 417
177 300
-
-
withholding
7 721
8 865
-
-
total
7 721
8 865
-
-
Income
197 000
197 000
197 000
197 000
Total tax
34 253
28 565
30 176
38 252
After tax
162 747
168 435
166 824
158 748
Living cost
16 052
16 052
16 052
16 052
Free-cash
146 695
152 383
150 772
142 696

Estimated living cost  is ₽16052 per week

₽10617
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽919
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽383
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4134
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86548
₽65323
₽64502
₽77523
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
3 549
trade
-
-
-
22 046
income

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

-
-
-
64 521
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.

-
-
-
6 372
total
-
-
-
96 488
Employee

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

46 409
-
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.

6 372
-
6 372
-
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.

211
-
3 549
-
income

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

3 816
-
64 521
-
total
10 399
-
74 442
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
150 591
197 000
-
-
chamber of commerce
363
430
-
-
trade
21 610
28 269
-
-
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.

1 243
1 625
-
-
income
22 589
29 551
-
-
total
45 805
59 875
-
-
Dividends
104 786
137 125
-
-
withholding
25 842
33 926
-
-
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.

1 421
1 866
-
-
total
27 263
35 792
-
-
Income
197 000
197 000
197 000
197 000
Total tax
83 467
95 667
74 442
96 488
After tax
113 533
101 333
122 558
100 512
Living cost
36 010
36 010
36 010
36 010
Free-cash
77 523
65 323
86 548
64 502

Estimated living cost  is ₽36010 per week

₽24841
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3875
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6772
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46860
₽84768
₽46860
₽86827
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
197 000
income
-
-
-
63 383
social contributions
-
-
-
33 625
total
-
-
-
97 008
Employee
72 960
-
197 000
-
social contributions
6 061
-
33 625
-
income
13 767
-
63 383
-
total
19 828
-
97 008
-
Employer
72 960
-
197 000
-
total
-
-
-
-
Corporate
124 040
197 000
-
-
income
15 505
24 625
-
-
total
15 505
24 625
-
-
Dividends
108 534
172 375
-
-
withholding
21 708
34 475
-
-
total
21 708
34 475
-
-
Income
197 000
197 000
197 000
197 000
Total tax
57 041
59 100
97 008
97 008
After tax
139 959
137 900
99 992
99 992
Living cost
53 132
53 132
53 132
53 132
Free-cash
86 827
84 768
46 860
46 860

Estimated living cost  is ₽53132 per week

₽40422
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4329
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7873
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽104217
₽89264
₽127909
₽92523
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
197 000
income
-
-
-
29 551
health

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

-
-
-
5 682
total
-
-
-
35 233
Employee
42 788
-
192 709
-
social contributions
4 287
-
4 291
-
income
4 643
-
50 343
-
total
8 930
-
54 634
-
Employer
42 788
-
192 709
-
social contributions
4 287
-
4 291
-
total
4 287
-
4 291
-
Corporate
149 925
197 000
-
-
income
52 474
68 950
-
-
total
52 474
68 950
-
-
Dividends
97 450
128 050
-
-
social contributions
4 928
4 928
-
-
total
4 928
4 928
-
-
Income
197 000
197 000
197 000
197 000
Total tax
70 619
73 878
58 925
35 233
After tax
126 381
123 122
138 075
161 767
Living cost
33 858
33 858
33 858
33 858
Free-cash
92 523
89 264
104 217
127 909

Estimated living cost  is ₽33858 per week

₽22302
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2669
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽519
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8367
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75725
₽90665
₽93381
₽96228
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
197 000
income
-
-
-
59 657
pensions
-
-
-
9 080
total
-
-
-
68 737
Employee
47 881
-
171 799
-
health
625
-
2 368
-
pensions
3 654
-
10 939
-
income
8 719
-
47 885
-
total
12 998
-
61 192
-
Employer
47 881
-
171 799
-
health
910
-
3 264
-
pensions
4 837
-
21 937
-
total
5 747
-
25 201
-
Corporate
143 372
197 000
-
-
income

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

27 240
37 430
-
-
total
27 240
37 430
-
-
Dividends
116 132
159 570
-
-
withholding
19 905
34 023
-
-
total
19 905
34 023
-
-
Income
197 000
197 000
197 000
197 000
Total tax
65 890
71 453
86 393
68 737
After tax
131 110
125 547
110 607
128 263
Living cost
34 882
34 882
34 882
34 882
Free-cash
96 228
90 665
75 725
93 381

Estimated living cost  is ₽34882 per week

₽23929
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3208
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽436
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7307
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽85515
-₽6597
₽112007
₽12499
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
197 000
other
-
-
-
351
income
-
-
-
55 845
pensions
-
-
-
3 939
accident
-
-
-
239
health
-
-
-
2 065
total
-
-
-
62 439
Employee
35 478
-
179 187
-
health
4 062
-
20 517
-
pensions
3 995
-
7 223
-
income
4 867
-
43 378
-
total
12 924
-
71 118
-
Employer
35 478
-
179 187
-
unemployment
869
-
4 390
-
accident
592
-
2 992
-
pensions
5 768
-
10 431
-
total
7 229
-
17 813
-
Corporate
154 292
197 000
-
-
income

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

138 863
177 300
-
-
total
138 863
177 300
-
-
Dividends
15 429
19 700
-
-
withholding
2 931
3 743
-
-
total
2 931
3 743
-
-
Income
197 000
197 000
197 000
197 000
Total tax
161 947
181 043
88 931
62 439
After tax
35 053
15 957
108 069
134 561
Living cost
22 554
22 554
22 554
22 554
Free-cash
12 499
-6 597
85 515
112 007

Estimated living cost  is ₽22554 per week

₽16552
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1314
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽454
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4233
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽130896
₽138098
₽110372
₽135273
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
1 791
health insurance
-
-
-
11 046
income
-
-
-
32 973
pensions
-
-
-
27 465
work injury
-
-
-
746
total
-
-
-
74 021
Employee

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

20 172
-
197 000
-
pensions
3 712
-
13 732
-
unemployment
242
-
896
-
work injury
101
-
373
-
health insurance
1 493
-
5 523
-
income
2 017
-
32 973
-
total
7 565
-
53 497
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
176 828
197 000
-
-
income

Macedonia has a simplified tax regime. Before 3,000,000 MKD per annum you will be taxed at 0%, and before 6,000,000 MKD it is 1%.

17 683
19 700
-
-
total
17 683
19 700
-
-
Dividends
159 146
177 300
-
-
withholding
23 872
26 595
-
-
total
23 872
26 595
-
-
Income
197 000
197 000
197 000
197 000
Total tax
49 120
46 295
53 497
74 021
After tax
147 880
150 705
143 503
122 979
Living cost
12 607
12 607
12 607
12 607
Free-cash
135 273
138 098
130 896
110 372

Estimated living cost  is ₽12607 per week

₽7810
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽916
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽393
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3487
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46905
₽66608
₽54567
₽62365
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 352
social contributions
-
-
-
46 683
national
-
-
-
52 547
regional
-
-
-
4 693
total
-
-
-
105 275
Employee
78 598
-
197 000
-
social contributions
26 503
-
61 202
-
national
13 282
-
46 304
-
regional
1 187
-
4 210
-
municipal
469
-
1 221
-
total
41 441
-
112 937
-
Employer
78 598
-
197 000
-
total
-
-
-
-
Corporate
118 402
197 000
-
-
municipal
5 707
9 496
-
-
nationa
28 416
47 279
-
-
total
34 123
56 775
-
-
Dividends
84 280
140 224
-
-
withholding
21 913
36 459
-
-
total
21 913
36 459
-
-
Income
197 000
197 000
197 000
197 000
Total tax
97 477
93 234
112 937
105 275
After tax
99 523
103 766
84 063
91 725
Living cost
37 158
37 158
37 158
37 158
Free-cash
62 365
66 608
46 905
54 567

Estimated living cost  is ₽37158 per week

₽26101
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2556
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.
₽7939
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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