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
₽ 199000
per

Your estimated
City
free-cash

Dresden , Germany
₽69766
₽80933
₽70208
₽94160
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
199 000
trade
-
-
-
23 952
income

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

-
-
-
63 867
health

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

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

-
-
-
6 894
surtax

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

-
-
-
3 512
total
-
-
-
98 225
Employee

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

38 599
-
199 000
-
health

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

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

6 894
-
6 894
-
surtax

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

59
-
3 512
-
income

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

1 078
-
63 867
-
total
8 031
-
74 273
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
160 401
199 000
-
-
surtax

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

1 323
1 641
-
-
income
24 060
29 851
-
-
trade
25 262
31 343
-
-
chamber of commerce
383
439
-
-
total
51 028
63 274
-
-
Dividends
109 373
135 727
-
-
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.

1 482
1 844
-
-
withholding
26 959
33 549
-
-
total
28 441
35 393
-
-
Income
199 000
199 000
199 000
199 000
Total tax
87 500
98 667
74 273
98 225
After tax
111 500
100 333
124 727
100 775
Living cost
30 567
30 567
30 567
30 567
Free-cash
80 933
69 766
94 160
70 208

Estimated living cost  is ₽30567 per week

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

Additional information

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

Source of data for Dresden model

Close
Reykjavik , Iceland
₽73182
₽72334
₽64347
₽65416
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
199 000
municipal
-
-
-
21 955
pensions
-
-
-
23 880
national
-
-
-
35 685
social contributions
-
-
-
2 139
total
-
-
-
83 659
Employee
79 050
-
172 034
-
municipal
9 764
-
22 725
-
pensions
3 162
-
6 881
-
national
15 130
-
37 372
-
total
28 056
-
66 978
-
Employer
79 050
-
172 034
-
social contributions
850
-
1 849
-
pensions
6 324
-
13 763
-
total
7 174
-
15 612
-
Corporate
107 559
199 000
-
-
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%.

21 512
39 800
-
-
total
21 512
39 800
-
-
Dividends
86 047
159 200
-
-
withholding
18 930
35 024
-
-
total
18 930
35 024
-
-
Income
199 000
199 000
199 000
199 000
Total tax
75 672
74 824
82 590
83 659
After tax
123 328
124 176
116 410
115 341
Living cost
50 994
50 994
50 994
50 994
Free-cash
72 334
73 182
65 416
64 347

Estimated living cost  is ₽50994 per week

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

Additional information

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

Source of data for Reykjavik model

Close
Riga , Latvia
₽138205
₽129927
₽49501
₽64050
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
199 000
microenterprise
-
-
-
-
income
-
-
-
39 093
surtax
-
-
-
50 745
social contributions

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

-
-
-
38 666
total
-
-
-
128 504
Employee
29 489
-
153 177
-
social contributions

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

3 244
-
13 230
-
surtax
-
-
22 211
-
income
5 249
-
32 691
-
total
8 493
-
68 132
-
Employer
29 489
-
153 177
-
social contributions

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

7 103
-
28 974
-
surtax
-
-
16 849
-
total
7 103
-
45 823
-
Corporate
162 408
199 000
-
-
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%.

32 482
39 800
-
-
total
32 482
39 800
-
-
Dividends

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

129 926
159 200
-
-
total
-
-
-
-
Income
199 000
199 000
199 000
199 000
Total tax
48 078
39 800
113 955
128 504
After tax
150 922
159 200
85 045
70 496
Living cost
20 995
20 995
20 995
20 995
Free-cash
129 927
138 205
64 050
49 501

Estimated living cost  is ₽20995 per week

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

Source of data for Riga model

Close
Rotterdam , Netherlands
₽56565
₽50383
₽66111
₽84358
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
199 000
income
-
-
-
66 345
pensions
-
-
-
11 824
health
-
-
-
12 444
total
-
-
-
90 613
Employee
86 180
86 180
180 245
-
health
13 228
11 251
12 444
-
income

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

14 106
14 106
29 343
-
pensions
15 512
11 824
11 824
-
total
42 846
37 181
53 611
-
Employer
86 180
86 180
180 245
-
unemployment
3 102
3 102
3 855
-
pensions
5 998
5 998
7 456
-
health
5 990
5 990
7 444
-
total
15 090
15 090
18 755
-
Corporate
98 786
97 729
-
-
income
19 756
19 546
-
-
total
19 756
19 546
-
-
Dividends
79 030
78 183
-
-
income
16 794
16 614
-
-
withholding
11 855
11 728
-
-
total
28 649
28 342
-
-
Income
199 000
199 000
199 000
199 000
Total tax
106 341
100 159
72 366
90 613
After tax
92 659
98 841
126 634
108 387
Living cost
42 276
42 276
42 276
42 276
Free-cash
50 383
56 565
84 358
66 111

Estimated living cost  is ₽42276 per week

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

Source of data for Rotterdam model

Close
Stockholm , Sweden
₽69662
₽68787
₽61536
₽60589
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
199 000
municipal
-
-
-
51 959
accident
-
-
-
171
pensions
-
-
-
9 238
other
-
-
-
9 930
unemployment
-
-
-
86
health
-
-
-
5 332
national
-
-
-
21 756
total
-
-
-
98 472
Employee
55 560
-
172 150
-
municipal
16 568
-
51 335
-
national
-
-
21 233
-
total
16 568
-
72 568
-
Employer
55 560
-
172 150
-
accident
111
-
171
-
other
6 456
-
9 930
-
unemployment
1 467
-
2 256
-
pensions
6 006
-
9 238
-
health
3 417
-
5 256
-
total
17 457
-
26 851
-
Corporate
125 983
199 000
-
-
income
27 716
43 780
-
-
total
27 716
43 780
-
-
Dividends
98 267
155 220
-
-
withholding
29 480
46 566
-
-
total
29 480
46 566
-
-
Income
199 000
199 000
199 000
199 000
Total tax
91 221
90 346
99 419
98 472
After tax
107 779
108 654
99 581
100 528
Living cost
38 992
38 992
38 992
38 992
Free-cash
68 787
69 662
60 589
61 536

Estimated living cost  is ₽38992 per week

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

Source of data for Stockholm model

Close
Hamburg , Germany
₽59666
₽73846
₽60065
₽85082
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
199 000
trade
-
-
-
25 017
income

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

-
-
-
63 867
health

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

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

-
-
-
6 894
surtax

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

-
-
-
3 512
total
-
-
-
99 290
Employee

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

51 178
-
199 000
-
health

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

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

6 894
-
6 894
-
surtax

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

241
-
3 512
-
income

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

4 397
-
63 867
-
total
11 532
-
74 273
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
147 822
199 000
-
-
surtax

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

1 220
1 641
-
-
income
22 173
29 851
-
-
trade
24 316
32 735
-
-
chamber of commerce
364
437
-
-
total
48 073
64 664
-
-
Dividends
99 749
134 336
-
-
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.

1 350
1 825
-
-
withholding
24 554
33 200
-
-
total
25 904
35 025
-
-
Income
199 000
199 000
199 000
199 000
Total tax
85 509
99 689
74 273
99 290
After tax
113 491
99 311
124 727
99 710
Living cost
39 645
39 645
39 645
39 645
Free-cash
73 846
59 666
85 082
60 065

Estimated living cost  is ₽39645 per week

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

Additional information

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

Source of data for Hamburg model

Close
Limassol , Cyprus
₽112368
₽108184
₽102220
₽100527
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
199 000
income
-
-
-
42 644
health
-
-
-
5 075
social contributions
-
-
-
16 328
total
-
-
-
64 047
Employee
77 601
77 601
186 856
-
social contributions
3 771
6 441
8 687
-
health
772
1 320
3 177
-
income
8 149
7 184
41 732
-
total
12 692
14 945
53 596
-
Employer
77 601
77 601
186 856
-
social contributions
3 771
6 441
8 687
-
health
841
1 436
3 457
-
total
4 612
7 877
12 144
-
Corporate
148 964
113 522
-
-
income
18 621
14 191
-
-
total
18 621
14 191
-
-
Dividends
130 343
99 331
-
-
withholding
22 158
16 886
-
-
total
22 158
16 886
-
-
Income
199 000
199 000
199 000
199 000
Total tax
58 083
53 899
65 740
64 047
After tax
140 917
145 101
133 260
134 953
Living cost
32 733
32 733
32 733
32 733
Free-cash
108 184
112 368
100 527
102 220

Estimated living cost  is ₽32733 per week

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

Source of data for Limassol model

Close
Budapest , Hungary
₽93408
₽93790
₽119521
₽97025
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
199 000
income
-
-
-
24 328
pensions
-
-
-
19 900
unemployment
-
-
-
2 985
health
-
-
-
13 930
total
-
-
-
61 143
Employee

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

The minimum wage is 138,000 HUF per month.

26 469
10 534
166 527
-
health
1 853
737
11 657
-
income
3 236
1 288
20 358
-
pensions
2 647
1 053
16 653
-
unemployment
397
158
2 498
-
total
8 133
3 236
51 166
-
Employer

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

The minimum wage is 138,000 HUF per month.

26 469
10 534
166 527
-
pensions
5 161
2 054
32 473
-
total
5 161
2 054
32 473
-
Corporate
167 370
186 412
-
-
income
15 063
16 777
-
-
total
15 063
16 777
-
-
Dividends
152 307
169 635
-
-
social contributions
29 579
32 958
-
-
withholding
28 938
32 231
-
-
total
58 517
65 189
-
-
Income
199 000
199 000
199 000
199 000
Total tax
86 874
87 256
83 639
61 143
After tax
112 126
111 744
115 361
137 857
Living cost
18 336
18 336
18 336
18 336
Free-cash
93 790
93 408
97 025
119 521

Estimated living cost  is ₽18336 per week

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

Source of data for Budapest model

Close
Tallinn , Estonia
₽134825
₽128555
₽82290
₽90326
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
199 000
income
-
-
-
26 666
pensions
-
-
-
39 800
health
-
-
-
25 869
total
-
-
-
92 335
Employee
28 629
-
148 730
-
income
3 223
-
28 675
-
pensions
573
-
2 974
-
unemployment
458
-
2 380
-
total
4 254
-
34 029
-
Employer
28 629
-
148 730
-
unemployment
230
-
1 189
-
pensions
5 726
-
29 746
-
health
3 721
-
19 335
-
total
9 677
-
50 270
-
Corporate
160 694
199 000
-
-
income
32 139
39 800
-
-
total
32 139
39 800
-
-
Dividends
128 555
159 200
-
-
total
-
-
-
-
Income
199 000
199 000
199 000
199 000
Total tax
46 070
39 800
84 299
92 335
After tax
152 930
159 200
114 701
106 665
Living cost
24 375
24 375
24 375
24 375
Free-cash
128 555
134 825
90 326
82 290

Estimated living cost  is ₽24375 per week

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

Source of data for Tallinn model

Close
Gdansk , Poland
-₽5953
₽12733
₽113885
₽86806
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
199 000
accident
-
-
-
253
income
-
-
-
56 056
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
63 043
Employee
34 721
-
180 510
-
health
3 975
-
20 668
-
income
4 763
-
43 311
-
pensions
3 910
-
7 654
-
total
12 648
-
71 633
-
Employer
34 721
-
180 510
-
accident
580
-
3 014
-
unemployment
851
-
4 422
-
pensions
5 646
-
11 053
-
total
7 077
-
18 489
-
Corporate
157 203
199 000
-
-
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.

141 483
179 100
-
-
total
141 483
179 100
-
-
Dividends
15 720
19 900
-
-
withholding
2 987
3 781
-
-
total
2 987
3 781
-
-
Income
199 000
199 000
199 000
199 000
Total tax
164 195
182 881
90 122
63 043
After tax
34 805
16 119
108 878
135 957
Living cost
22 072
22 072
22 072
22 072
Free-cash
12 733
-5 953
86 806
113 885

Estimated living cost  is ₽22072 per week

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

Additional information

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

Source of data for Gdansk model

Close
Batumi , Georgia
₽179970
₽178268
₽187930
₽150120
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
199 000
microenterprise

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

-
-
-
1 990
total
-
-
-
1 990
Employee
11 349
-
199 000
-
income
2 270
-
39 800
-
total
2 270
-
39 800
-
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%.

187 651
199 000
-
-
total
-
-
-
-
Dividends
187 651
199 000
-
-
withholding
9 382
9 950
-
-
total
9 382
9 950
-
-
Income
199 000
199 000
199 000
199 000
Total tax
11 652
9 950
39 800
1 990
After tax
187 348
189 050
159 200
197 010
Living cost
9 080
9 080
9 080
9 080
Free-cash
178 268
179 970
150 120
187 930

Estimated living cost  is ₽9080 per week

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

Additional information

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

Source of data for Batumi model

Close
Bratislava , Slovakia
₽119315
₽112499
₽88474
₽86765
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
199 000
income
-
-
-
32 762
pensions

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

-
-
-
36 831
other
-
-
-
7 289
health
-
-
-
6 753
total
-
-
-
83 635
Employee
36 642
-
160 273
-
health
513
-
2 149
-
income
6 308
-
32 191
-
pensions

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

2 564
-
10 742
-
unemployment
366
-
1 534
-
total
9 751
-
46 616
-
Employer
36 642
-
160 273
-
accident
293
-
1 283
-
other
1 833
-
7 672
-
unemployment
366
-
1 534
-
pensions

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

6 230
-
26 090
-
health
513
-
2 149
-
total
9 235
-
38 728
-
Corporate
153 123
199 000
-
-
income
32 157
41 790
-
-
total
32 157
41 790
-
-
Dividends
120 966
157 210
-
-
withholding
8 467
11 004
-
-
total
8 467
11 004
-
-
Income
199 000
199 000
199 000
199 000
Total tax
59 610
52 794
85 344
83 635
After tax
139 390
146 206
113 656
115 365
Living cost
26 891
26 891
26 891
26 891
Free-cash
112 499
119 315
86 765
88 474

Estimated living cost  is ₽26891 per week

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

Source of data for Bratislava model

Close
London , United Kingdom
₽60312
₽67465
₽62687
₽44788
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
199 000
income
-
-
-
59 063
pensions
-
-
-
9 524
total
-
-
-
68 587
Employee
95 822
-
173 647
-
health
1 579
-
2 438
-
income
17 273
-
47 131
-
pensions
9 244
-
11 564
-
total
28 096
-
61 133
-
Employer
95 822
-
173 647
-
pensions
11 314
-
22 055
-
health
1 820
-
3 298
-
total
13 134
-
25 353
-
Corporate
90 044
199 000
-
-
income

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

17 108
37 811
-
-
total
17 108
37 811
-
-
Dividends
72 936
161 189
-
-
withholding
5 471
33 151
-
-
total
5 471
33 151
-
-
Income
199 000
199 000
199 000
199 000
Total tax
63 809
70 962
86 486
68 587
After tax
135 191
128 038
112 514
130 413
Living cost
67 726
67 726
67 726
67 726
Free-cash
67 465
60 312
44 788
62 687

Estimated living cost  is ₽67726 per week

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

Additional information

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

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

Source of data for London model

Close
Varna , Bulgaria
₽156906
₽152215
₽146494
₽154525
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
199 000
income
-
-
-
29 850
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
39 267
Employee
17 531
-
192 080
-
health
806
-
1 622
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
income
1 753
-
19 208
-
pensions

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

1 539
-
3 097
-
total
4 291
-
24 315
-
Employer
17 531
-
192 080
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
unemployment
105
-
212
-
pensions

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

1 932
-
3 887
-
health
1 210
-
2 434
-
total
3 440
-
6 921
-
Corporate
178 029
199 000
-
-
income
17 803
19 900
-
-
total
17 803
19 900
-
-
Dividends
160 226
179 100
-
-
withholding
8 012
8 955
-
-
total
8 012
8 955
-
-
Income
199 000
199 000
199 000
199 000
Total tax
33 546
28 855
31 236
39 267
After tax
165 454
170 145
167 764
159 733
Living cost
13 239
13 239
13 239
13 239
Free-cash
152 215
156 906
154 525
146 494

Estimated living cost  is ₽13239 per week

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

Source of data for Varna model

Close
Amsterdam , Netherlands
₽42880
₽45418
₽52426
₽70673
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
199 000
income
-
-
-
66 345
pensions
-
-
-
11 824
health
-
-
-
12 444
total
-
-
-
90 613
Employee
93 564
86 180
180 245
-
health
11 673
11 251
12 444
-
income

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

14 106
14 106
29 343
-
pensions
11 824
11 824
11 824
-
total
37 603
37 181
53 611
-
Employer
93 564
86 180
180 245
-
unemployment
3 369
3 102
3 855
-
pensions
6 511
5 998
7 456
-
health
6 502
5 990
7 444
-
total
16 382
15 090
18 755
-
Corporate
89 054
97 729
-
-
income
17 811
19 546
-
-
total
17 811
19 546
-
-
Dividends
71 244
78 183
-
-
income
15 139
16 614
-
-
withholding
10 686
11 728
-
-
total
25 825
28 342
-
-
Income
199 000
199 000
199 000
199 000
Total tax
97 621
100 159
72 366
90 613
After tax
101 379
98 841
126 634
108 387
Living cost
55 961
55 961
55 961
55 961
Free-cash
45 418
42 880
70 673
52 426

Estimated living cost  is ₽55961 per week

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

Source of data for Amsterdam model

Close
Brno , Czech Republic
₽112841
₽104219
₽91303
₽82876
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
199 000
income
-
-
-
20 603
health
-
-
-
26 865
solidarity contribution
-
-
-
1 277
social contributions
-
-
-
34 781
total
-
-
-
83 526
Employee
35 546
-
155 249
-
social contributions
2 310
-
7 742
-
health
4 799
-
20 959
-
solidarity contribution
-
-
520
-
income
4 265
-
18 982
-
total
11 374
-
48 203
-
Employer
35 546
-
155 249
-
social contributions
8 886
-
29 778
-
health
3 199
-
13 972
-
total
12 085
-
43 750
-
Corporate
151 369
199 000
-
-
income
28 760
37 810
-
-
total
28 760
37 810
-
-
Dividends
122 609
161 190
-
-
withholding
18 391
24 178
-
-
total
18 391
24 178
-
-
Income
199 000
199 000
199 000
199 000
Total tax
70 610
61 988
91 953
83 526
After tax
128 390
137 012
107 047
115 474
Living cost
24 171
24 171
24 171
24 171
Free-cash
104 219
112 841
82 876
91 303

Estimated living cost  is ₽24171 per week

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

Source of data for Brno model

Close
Milan , Italy
₽63591
₽58321
₽51565
₽42790
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
199 000
municipal
-
-
-
1 187
regional
-
-
-
2 383
national
-
-
-
50 772
social contributions
-
-
-
50 509
total
-
-
-
104 851
Employee
89 690
-
199 000
-
social contributions
30 243
-
66 219
-
regional
846
-
2 111
-
municipal
475
-
1 063
-
national
15 541
-
44 233
-
total
47 105
-
113 626
-
Employer
89 690
-
199 000
-
total
-
-
-
-
Corporate
109 310
199 000
-
-
nationa
26 235
47 759
-
-
municipal
4 263
7 762
-
-
total
30 498
55 521
-
-
Dividends
78 812
143 479
-
-
withholding
20 492
37 304
-
-
total
20 492
37 304
-
-
Income
199 000
199 000
199 000
199 000
Total tax
98 095
92 825
113 626
104 851
After tax
100 905
106 175
85 374
94 149
Living cost
42 584
42 584
42 584
42 584
Free-cash
58 321
63 591
42 790
51 565

Estimated living cost  is ₽42584 per week

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

Source of data for Milan model

Close
Thessaloniki , Greece
₽102901
₽99761
₽71619
₽65452
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
199 000
income
-
-
-
58 850
pensions
-
-
-
26 938
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
9 562
surtax
-
-
-
9 532
total
-
-
-
105 112
Employee
33 373
-
170 649
-
other
-
-
-
-
health
852
-
3 434
-
surtax
109
-
8 323
-
income
5 594
-
52 813
-
pensions
2 225
-
8 984
-
unemployment
2 323
-
9 374
-
total
11 103
-
82 928
-
Employer
33 373
-
170 649
-
other
-
-
-
-
unemployment
1 057
-
4 269
-
pensions
4 449
-
17 954
-
health
1 519
-
6 128
-
total
7 025
-
28 351
-
Corporate
158 602
199 000
-
-
income
41 236
51 741
-
-
total
41 236
51 741
-
-
Dividends
117 366
147 259
-
-
withholding
17 606
22 089
-
-
total
17 606
22 089
-
-
Income
199 000
199 000
199 000
199 000
Total tax
76 970
73 830
111 279
105 112
After tax
122 030
125 170
87 721
93 888
Living cost
22 269
22 269
22 269
22 269
Free-cash
99 761
102 901
65 452
71 619

Estimated living cost  is ₽22269 per week

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

Source of data for Thessaloniki model

Close
Cambridge , United Kingdom
₽81769
₽88459
₽84144
₽66245
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
199 000
income
-
-
-
59 063
pensions
-
-
-
9 524
total
-
-
-
68 587
Employee
64 218
-
173 647
-
health
932
-
2 438
-
income
11 566
-
47 131
-
pensions
5 451
-
11 564
-
total
17 949
-
61 133
-
Employer
64 218
-
173 647
-
pensions
6 952
-
22 055
-
health
1 220
-
3 298
-
total
8 172
-
25 353
-
Corporate
126 611
199 000
-
-
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.

24 055
37 811
-
-
total
24 055
37 811
-
-
Dividends
102 556
161 189
-
-
withholding
14 096
33 151
-
-
total
14 096
33 151
-
-
Income
199 000
199 000
199 000
199 000
Total tax
64 272
70 962
86 486
68 587
After tax
134 728
128 038
112 514
130 413
Living cost
46 269
46 269
46 269
46 269
Free-cash
88 459
81 769
66 245
84 144

Estimated living cost  is ₽46269 per week

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

Additional information

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

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

Source of data for Cambridge model

Close
Zurich , Switzerland
₽14723
₽47359
₽82989
₽74720
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
199 000
city
-
-
-
2 098
pensions
-
-
-
18 307
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.

-
-
-
3 981
regional
-
-
-
10 567
health
-
-
-
449
national
-
-
-
4 335
total
-
-
-
39 737
Employee
89 260
-
178 517
-
city
958
-
1 924
-
regional
2 923
-
9 246
-
health
202
-
402
-
pensions
7 499
-
14 547
-
unemployment
-
-
-
-
national
422
-
3 367
-
total
12 004
-
29 486
-
Employer
89 260
-
178 517
-
other

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

1 785
-
3 571
-
unemployment
-
-
-
-
pensions
7 499
-
14 547
-
health
202
-
402
-
total
9 486
-
18 520
-
Corporate
99 273
199 000
-
-
regional
20 996
42 089
-
-
national
8 437
16 916
-
-
total
29 433
59 005
-
-
Dividends
69 840
139 995
-
-
withholding
24 444
48 998
-
-
total
24 444
48 998
-
-
Income
199 000
199 000
199 000
199 000
Total tax
75 367
108 003
48 006
39 737
After tax
123 633
90 997
150 994
159 263
Living cost
76 274
76 274
76 274
76 274
Free-cash
47 359
14 723
74 720
82 989

Estimated living cost  is ₽76274 per week

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

Additional information

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

Source of data for Zurich model

Close
Munich , Germany
₽52053
₽68422
₽52414
₽78496
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
199 000
trade
-
-
-
26 082
income

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

-
-
-
63 867
health

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

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

-
-
-
6 894
surtax

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

-
-
-
3 512
total
-
-
-
100 355
Employee

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

60 650
-
199 000
-
health

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

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

6 894
-
6 894
-
surtax

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

393
-
3 512
-
income

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

7 132
-
63 867
-
total
14 419
-
74 273
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
138 350
199 000
-
-
surtax

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

1 141
1 641
-
-
income
20 752
29 851
-
-
trade
23 726
34 129
-
-
chamber of commerce
349
433
-
-
total
45 968
66 054
-
-
Dividends
92 382
132 946
-
-
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.

1 249
1 808
-
-
withholding
22 711
32 854
-
-
total
23 960
34 662
-
-
Income
199 000
199 000
199 000
199 000
Total tax
84 347
100 716
74 273
100 355
After tax
114 653
98 284
124 727
98 645
Living cost
46 231
46 231
46 231
46 231
Free-cash
68 422
52 053
78 496
52 414

Estimated living cost  is ₽46231 per week

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

Additional information

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

Source of data for Munich model

Close
Nice , France
₽65770
₽71728
₽76797
₽72423
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
199 000
income
-
-
-
33 299
pensions
-
-
-
33 461
other
-
-
-
6 169
health
-
-
-
9 078
surtax
-
-
-
-
social contributions
-
-
-
5 669
total
-
-
-
87 676
Employee
43 191
-
153 014
-
social contributions
1 231
-
4 361
-
surtax
-
-
-
-
income
2 549
-
30 651
-
pensions
4 884
-
11 054
-
total
8 664
-
46 066
-
Employer
43 191
-
153 014
-
other
1 490
-
6 144
-
social contributions
130
-
460
-
unemployment
1 748
-
6 197
-
pensions
7 095
-
18 535
-
health
3 024
-
14 648
-
total
13 487
-
45 984
-
Corporate
142 320
199 000
-
-
surtax
-
-
-
-
income
39 850
55 720
-
-
total
39 850
55 720
-
-
Dividends
102 471
143 280
-
-
surtax
-
-
-
-
social contributions
17 627
24 644
-
-
withholding
13 117
18 339
-
-
total
30 744
42 983
-
-
Income
199 000
199 000
199 000
199 000
Total tax
92 745
98 703
92 050
87 676
After tax
106 255
100 297
106 950
111 324
Living cost
34 527
34 527
34 527
34 527
Free-cash
71 728
65 770
72 423
76 797

Estimated living cost  is ₽34527 per week

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

Source of data for Nice model

Close
Marseille , France
₽69190
₽74794
₽80217
₽75843
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
199 000
income
-
-
-
33 299
pensions
-
-
-
33 461
other
-
-
-
6 169
health
-
-
-
9 078
surtax
-
-
-
-
social contributions
-
-
-
5 669
total
-
-
-
87 676
Employee
38 554
-
153 014
-
social contributions
1 099
-
4 361
-
surtax
-
-
-
-
income
1 988
-
30 651
-
pensions
4 361
-
11 054
-
total
7 448
-
46 066
-
Employer
38 554
-
153 014
-
other
1 331
-
6 144
-
social contributions
115
-
460
-
unemployment
1 561
-
6 197
-
pensions
6 335
-
18 535
-
health
2 698
-
14 648
-
total
12 040
-
45 984
-
Corporate
148 405
199 000
-
-
surtax
-
-
-
-
income
41 554
55 720
-
-
total
41 554
55 720
-
-
Dividends
106 851
143 280
-
-
surtax
-
-
-
-
social contributions
18 379
24 644
-
-
withholding
13 678
18 339
-
-
total
32 057
42 983
-
-
Income
199 000
199 000
199 000
199 000
Total tax
93 099
98 703
92 050
87 676
After tax
105 901
100 297
106 950
111 324
Living cost
31 107
31 107
31 107
31 107
Free-cash
74 794
69 190
75 843
80 217

Estimated living cost  is ₽31107 per week

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

Source of data for Marseille model

Close
Vilnius , Lithuania
₽100008
₽100533
₽106397
₽101671
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
199 000
income
-
-
-
29 851
health
-
-
-
13 890
social contributions
-
-
-
27 463
total
-
-
-
71 204
Employee
34 217
-
199 000
-
social contributions
4 723
-
27 463
-
health
2 388
-
13 890
-
income
5 707
-
34 577
-
total
12 818
-
75 930
-
Employer
34 217
-
199 000
-
total
-
-
-
-
Corporate
164 783
199 000
-
-
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%.

8 239
9 951
-
-
total
8 239
9 951
-
-
Dividends
156 544
189 049
-
-
health
10 928
13 195
-
-
social contributions
21 602
26 090
-
-
withholding
23 481
28 357
-
-
total
56 011
67 642
-
-
Income
199 000
199 000
199 000
199 000
Total tax
77 068
77 593
75 930
71 204
After tax
121 932
121 407
123 070
127 796
Living cost
21 399
21 399
21 399
21 399
Free-cash
100 533
100 008
101 671
106 397

Estimated living cost  is ₽21399 per week

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

Source of data for Vilnius model

Close
Vienna , Austria
₽74342
₽72781
₽66633
₽16908
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
199 000
chamber of commerce
-
-
-
797
income
-
-
-
58 792
pensions
-
-
-
21 811
unemployment
-
-
-
6 190
health
-
-
-
9 018
surtax
-
-
-
199
total
-
-
-
96 807
Employee
50 434
40 217
161 674
-
other
504
402
1 180
-
health
1 952
1 557
4 562
-
income
5 742
2 967
48 395
-
pensions
5 165
4 117
12 073
-
unemployment
1 513
1 207
3 537
-
total
14 876
10 250
69 747
-
Employer
50 434
40 217
161 674
-
accident
655
523
1 532
-
other
2 396
1 909
7 306
-
chamber of commerce
201
161
647
-
unemployment
1 513
1 207
3 537
-
surtax
199
199
199
-
pensions
6 329
5 048
14 796
-
payroll
1 513
1 207
4 851
-
health
1 906
1 521
4 456
-
total
14 712
11 775
37 324
-
Corporate
133 854
147 009
157 844
-
income

The minimum corporate income for a GmbH is €1,1750 for a year. However, for GmbHs founded after 30 June 2013, the amount is reduced to €500 for the first five years and €1000 for the next five years.

Минимальный корпоративный налог для GmbH €1,1750 в год. Если GmbHs основана после 30 Июня 2013 эта сумма сниже до €500 в первые 5 лет и €1000 для следующих пяти лет.

33 463
36 753
39 461
-
total
33 463
36 753
39 461
-
Dividends
100 391
110 256
-
-
withholding
27 608
30 320
-
-
total
27 608
30 320
-
-
Income
199 000
199 000
199 000
199 000
Total tax
90 659
89 098
146 532
96 807
After tax
108 341
109 902
52 468
102 193
Living cost
35 560
35 560
35 560
35 560
Free-cash
72 781
74 342
16 908
66 633

Estimated living cost  is ₽35560 per week

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

Additional information

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

Source of data for Vienna model

Close
Brussels , Belgium
₽73973
₽59322
₽49617
₽32081
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
199 000
national
-
-
-
76 997
communal

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

-
-
-
10 430
social contributions
-
-
-
25 160
total
-
-
-
112 587
Employee

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

72 187
-
154 135
-
communal

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

3 765
-
8 040
-
health

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

3 392
-
7 245
-
pensions

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

5 414
-
11 560
-
unemployment

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

628
-
1 341
-
national
22 193
-
57 072
-
total
35 392
-
85 258
-
Employer

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

72 187
-
154 135
-
accident

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

938
-
2 003
-
unemployment

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

1 053
-
2 250
-
surtax
8 185
-
17 477
-
pensions

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

6 396
-
13 657
-
health

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

4 439
-
9 478
-
total
21 011
-
44 865
-
Corporate
105 800
199 000
-
-
surtax
423
810
-
-
income
21 160
40 474
-
-
total
21 583
41 284
-
-
Dividends
84 217
157 716
-
-
withholding

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

24 896
46 947
-
-
total
24 896
46 947
-
-
Income
199 000
199 000
199 000
199 000
Total tax
102 882
88 231
130 123
112 587
After tax
96 118
110 769
68 877
86 413
Living cost
36 796
36 796
36 796
36 796
Free-cash
59 322
73 973
32 081
49 617

Estimated living cost  is ₽36796 per week

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

Source of data for Brussels model

Close
Barcelona , Spain
₽95944
₽89030
₽74993
₽70759
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
199 000
accident
-
-
-
843
income
-
-
-
59 498
pensions
-
-
-
26 471
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
87 561
Employee
50 235
-
169 180
-
other
50
-
94
-
income
10 599
-
56 033
-
pensions
2 361
-
4 397
-
unemployment
779
-
1 450
-
total
13 789
-
61 974
-
Employer
50 235
-
169 180
-
accident
994
-
1 852
-
other
400
-
749
-
unemployment
2 764
-
5 144
-
pensions
11 855
-
22 076
-
total
16 013
-
29 821
-
Corporate
132 753
199 000
-
-
income

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

19 913
29 851
-
-
total
19 913
29 851
-
-
Dividends
112 840
169 149
-
-
withholding
23 809
36 759
-
-
total
23 809
36 759
-
-
Income
199 000
199 000
199 000
199 000
Total tax
73 524
66 610
91 795
87 561
After tax
125 476
132 390
107 205
111 439
Living cost
36 446
36 446
36 446
36 446
Free-cash
89 030
95 944
70 759
74 993

Estimated living cost  is ₽36446 per week

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

Source of data for Barcelona model

Close
Luxembourg , Luxembourg
₽59977
₽46430
₽41166
₽49103
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
199 000
accident
-
-
-
1 678
income
-
-
-
35 061
pensions
-
-
-
29 828
health
-
-
-
13 982
surtax
-
-
-
9 865
communal
-
-
-
12 577
total
-
-
-
102 991
Employee
76 425
-
177 758
-
health
3 401
-
7 909
-
surtax
4 684
-
10 893
-
income
7 382
-
40 791
-
pensions
6 113
-
14 220
-
total
21 580
-
73 813
-
Employer
76 425
-
177 758
-
accident
688
-
1 599
-
pensions
6 113
-
14 220
-
health
2 331
-
5 422
-
total
9 132
-
21 241
-
Corporate
113 444
199 000
-
-
surtax
1 191
2 089
-
-
communal
7 657
13 433
-
-
income
17 016
29 851
-
-
total
25 864
45 373
-
-
Dividends
87 581
153 627
-
-
income
28 013
15 762
-
-
withholding
13 138
23 045
-
-
total
41 151
38 807
-
-
Income
199 000
199 000
199 000
199 000
Total tax
97 727
84 180
95 054
102 991
After tax
101 273
114 820
103 946
96 009
Living cost
54 843
54 843
54 843
54 843
Free-cash
46 430
59 977
49 103
41 166

Estimated living cost  is ₽54843 per week

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

Source of data for Luxembourg model

Close
Athens , Greece
₽102503
₽99295
₽71221
₽65054
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
199 000
income
-
-
-
58 850
pensions
-
-
-
26 938
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
9 562
surtax
-
-
-
9 532
total
-
-
-
105 112
Employee
33 986
-
170 649
-
other
-
-
-
-
health
868
-
3 434
-
surtax
121
-
8 323
-
income
5 697
-
52 813
-
pensions
2 267
-
8 984
-
unemployment
2 365
-
9 374
-
total
11 318
-
82 928
-
Employer
33 986
-
170 649
-
other
-
-
-
-
unemployment
1 078
-
4 269
-
pensions
4 531
-
17 954
-
health
1 545
-
6 128
-
total
7 154
-
28 351
-
Corporate
157 859
199 000
-
-
income
41 043
51 741
-
-
total
41 043
51 741
-
-
Dividends
116 817
147 259
-
-
withholding
17 523
22 089
-
-
total
17 523
22 089
-
-
Income
199 000
199 000
199 000
199 000
Total tax
77 038
73 830
111 279
105 112
After tax
121 962
125 170
87 721
93 888
Living cost
22 667
22 667
22 667
22 667
Free-cash
99 295
102 503
65 054
71 221

Estimated living cost  is ₽22667 per week

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

Source of data for Athens model

Close
Naples , Italy
₽77415
₽75173
₽66334
₽57604
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
199 000
municipal
-
-
-
1 187
regional
-
-
-
3 013
national
-
-
-
50 772
social contributions
-
-
-
50 509
total
-
-
-
105 481
Employee
55 981
-
199 000
-
social contributions
18 877
-
66 219
-
regional
754
-
2 696
-
municipal
297
-
1 063
-
national
8 869
-
44 233
-
total
28 797
-
114 211
-
Employer
55 981
-
199 000
-
total
-
-
-
-
Corporate
143 019
199 000
-
-
nationa
34 325
47 759
-
-
municipal
7 109
9 890
-
-
total
41 434
57 649
-
-
Dividends
101 586
141 351
-
-
withholding
26 411
36 751
-
-
total
26 411
36 751
-
-
Income
199 000
199 000
199 000
199 000
Total tax
96 642
94 400
114 211
105 481
After tax
102 358
104 600
84 789
93 519
Living cost
27 185
27 185
27 185
27 185
Free-cash
75 173
77 415
57 604
66 334

Estimated living cost  is ₽27185 per week

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

Source of data for Naples model

Close
Prague , Czech Republic
₽107227
₽96602
₽85689
₽77262
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
199 000
income
-
-
-
20 603
health
-
-
-
26 865
solidarity contribution
-
-
-
1 277
social contributions
-
-
-
34 781
total
-
-
-
83 526
Employee
43 801
-
155 249
-
social contributions
2 847
-
7 742
-
health
5 913
-
20 959
-
solidarity contribution
-
-
520
-
income
5 256
-
18 982
-
total
14 016
-
48 203
-
Employer
43 801
-
155 249
-
social contributions
10 950
-
29 778
-
health
3 942
-
13 972
-
total
14 892
-
43 750
-
Corporate
140 306
199 000
-
-
income
26 658
37 810
-
-
total
26 658
37 810
-
-
Dividends
113 648
161 190
-
-
withholding
17 047
24 178
-
-
total
17 047
24 178
-
-
Income
199 000
199 000
199 000
199 000
Total tax
72 613
61 988
91 953
83 526
After tax
126 387
137 012
107 047
115 474
Living cost
29 785
29 785
29 785
29 785
Free-cash
96 602
107 227
77 262
85 689

Estimated living cost  is ₽29785 per week

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

Source of data for Prague model

Close
Graz , Austria
₽77812
₽77317
₽70195
₽20320
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
199 000
chamber of commerce
-
-
-
797
income
-
-
-
58 792
pensions
-
-
-
21 811
unemployment
-
-
-
6 190
health
-
-
-
9 018
surtax
-
-
-
-
total
-
-
-
96 608
Employee
44 114
40 217
161 860
-
other
440
402
1 180
-
health
1 706
1 557
4 562
-
income
3 930
2 967
48 485
-
pensions
4 518
4 117
12 073
-
unemployment
1 323
1 207
3 537
-
total
11 917
10 250
69 837
-
Employer
44 114
40 217
161 860
-
accident
573
523
1 532
-
other
2 095
1 909
7 314
-
chamber of commerce
176
161
647
-
unemployment
1 323
1 207
3 537
-
surtax
-
-
-
-
pensions
5 537
5 048
14 796
-
payroll
1 323
1 207
4 857
-
health
1 668
1 521
4 456
-
total
12 695
11 576
37 139
-
Corporate
142 190
147 208
158 030
-
income

The minimum corporate income for a GmbH is €1,1750 for a year. However, for GmbHs founded after 30 June 2013, the amount is reduced to €500 for the first five years and €1000 for the next five years.

Минимальный корпоративный налог для GmbH €1,1750 в год. Если GmbHs основана после 30 Июня 2013 эта сумма сниже до €500 в первые 5 лет и €1000 для следующих пяти лет.

35 548
36 803
39 507
-
total
35 548
36 803
39 507
-
Dividends
106 642
110 405
-
-
withholding
29 326
30 362
-
-
total
29 326
30 362
-
-
Income
199 000
199 000
199 000
199 000
Total tax
89 486
88 991
146 483
96 608
After tax
109 514
110 009
52 517
102 392
Living cost
32 197
32 197
32 197
32 197
Free-cash
77 317
77 812
20 320
70 195

Estimated living cost  is ₽32197 per week

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

Additional information

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

Source of data for Graz model

Close
Tbilisi , Georgia
₽174901
₽172249
₽182861
₽145051
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
199 000
microenterprise

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

-
-
-
1 990
total
-
-
-
1 990
Employee
17 686
-
199 000
-
income
3 537
-
39 800
-
total
3 537
-
39 800
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

181 314
199 000
-
-
total
-
-
-
-
Dividends
181 314
199 000
-
-
withholding
9 065
9 950
-
-
total
9 065
9 950
-
-
Income
199 000
199 000
199 000
199 000
Total tax
12 602
9 950
39 800
1 990
After tax
186 398
189 050
159 200
197 010
Living cost
14 149
14 149
14 149
14 149
Free-cash
172 249
174 901
145 051
182 861

Estimated living cost  is ₽14149 per week

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

Additional information

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

Source of data for Tbilisi model

Close
Ljubljana , Slovenia
₽109943
₽101503
₽68276
₽63776
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
199 000
income
-
-
-
47 431
pensions
-
-
-
36 343
unemployment
-
-
-
299
health
-
-
-
19 582
total
-
-
-
103 655
Employee

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

44 626
-
172 190
-
health
2 882
-
11 123
-
income
7 696
-
43 292
-
pensions
6 917
-
26 689
-
unemployment
63
-
241
-
total
17 558
-
81 345
-
Employer

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

44 626
-
172 190
-
unemployment
27
-
103
-
pensions
3 949
-
15 239
-
health
2 972
-
11 468
-
total
6 948
-
26 810
-
Corporate
147 426
199 000
-
-
income
28 010
37 810
-
-
total
28 010
37 810
-
-
Dividends
119 415
161 190
-
-
withholding
17 912
24 178
-
-
total
17 912
24 178
-
-
Income
199 000
199 000
199 000
199 000
Total tax
70 428
61 988
108 155
103 655
After tax
128 572
137 012
90 845
95 345
Living cost
27 069
27 069
27 069
27 069
Free-cash
101 503
109 943
63 776
68 276

Estimated living cost  is ₽27069 per week

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

Source of data for Ljubljana model

Close
Oslo , Norway
₽77488
₽29441
₽93941
₽142128
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
199 000
income
-
-
-
38 789
social contributions
-
-
-
22 686
total
-
-
-
61 475
Employee
62 493
-
-
-
social contributions
5 124
-
730
-
income
13 785
-
-
-
total
18 909
-
730
-
Employer
62 493
-
-
-
social contributions
88 116
-
12 558
-
total
88 116
-
12 558
-
Corporate
48 391
199 000
-
-
income
10 646
43 780
-
-
total
10 646
43 780
-
-
Dividends
37 745
155 220
-
-
income
8 304
34 148
-
-
total
8 304
34 148
-
-
Income
199 000
199 000
199 000
199 000
Total tax
125 975
77 928
13 288
61 475
After tax
73 025
121 072
185 712
137 525
Living cost
43 584
43 584
43 584
43 584
Free-cash
29 441
77 488
142 128
93 941

Estimated living cost  is ₽43584 per week

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

Source of data for Oslo model

Close
Lisbon , Portugal
₽81536
₽80520
₽73557
₽58468
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
199 000
income
-
-
-
24 635
surtax
-
-
-
-
social contributions

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

-
-
-
69 153
total
-
-
-
93 788
Employee
46 415
-
160 809
-
social contributions
5 106
-
17 690
-
surtax
-
-
-
-
income
9 654
-
52 996
-
total
14 760
-
70 686
-
Employer
46 415
-
160 809
-
social contributions
11 023
-
38 191
-
total
11 023
-
38 191
-
Corporate
141 562
199 000
-
-
surtax
-
-
-
-
income
29 728
41 790
-
-
total
29 728
41 790
-
-
Dividends
111 834
157 210
-
-
withholding
31 314
44 019
-
-
total
31 314
44 019
-
-
Income
199 000
199 000
199 000
199 000
Total tax
86 825
85 809
108 877
93 788
After tax
112 175
113 191
90 123
105 212
Living cost
31 655
31 655
31 655
31 655
Free-cash
80 520
81 536
58 468
73 557

Estimated living cost  is ₽31655 per week

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

Source of data for Lisbon model

Close
Paris , France
₽51555
₽58491
₽62582
₽58208
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
199 000
income
-
-
-
33 299
pensions
-
-
-
33 461
other
-
-
-
6 169
health
-
-
-
9 078
surtax
-
-
-
-
social contributions
-
-
-
5 669
total
-
-
-
87 676
Employee
63 207
-
153 014
-
social contributions
1 800
-
4 361
-
surtax
-
-
-
-
income
5 515
-
30 651
-
pensions
7 149
-
11 054
-
total
14 464
-
46 066
-
Employer
63 207
-
153 014
-
other
2 181
-
6 144
-
social contributions
190
-
460
-
unemployment
2 561
-
6 197
-
pensions
10 386
-
18 535
-
health
4 424
-
14 648
-
total
19 742
-
45 984
-
Corporate
116 052
199 000
-
-
surtax
-
-
-
-
income
32 494
55 720
-
-
total
32 494
55 720
-
-
Dividends
83 558
143 280
-
-
surtax
-
-
-
-
social contributions
14 371
24 644
-
-
withholding
10 696
18 339
-
-
total
25 067
42 983
-
-
Income
199 000
199 000
199 000
199 000
Total tax
91 767
98 703
92 050
87 676
After tax
107 233
100 297
106 950
111 324
Living cost
48 742
48 742
48 742
48 742
Free-cash
58 491
51 555
58 208
62 582

Estimated living cost  is ₽48742 per week

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

Source of data for Paris model

Close
Andorra , Andorra
₽148764
₽145374
₽115491
₽120776
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
199 000
income
-
-
-
9 394
social contributions
-
-
-
43 779
total
-
-
-
53 173
Employee
32 444
-
172 294
-
income
-
-
9 982
-
social contributions
2 109
-
11 200
-
total
2 109
-
21 182
-
Employer
32 444
-
172 294
-
social contributions
5 029
-
26 706
-
total
5 029
-
26 706
-
Corporate
161 527
199 000
-
-
income
16 152
19 900
-
-
total
16 152
19 900
-
-
Dividends
145 375
179 100
-
-
total
-
-
-
-
Income
199 000
199 000
199 000
199 000
Total tax
23 290
19 900
47 888
53 173
After tax
175 710
179 100
151 112
145 827
Living cost
30 336
30 336
30 336
30 336
Free-cash
145 374
148 764
120 776
115 491

Estimated living cost  is ₽30336 per week

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

Additional information

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

Source of data for Andorra model

Close
Copenhagen , Denmark
-₽20973
-₽20973
₽67521
-₽20973
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
199 000
municipal
-
-
-
42 081
pensions
-
-
-
875
national
-
-
-
24 050
labour market
-
-
-
15 850
total
-
-
-
82 856
Employee
205 227
205 227
205 227
-
labour market
16 395
16 395
16 395
-
national
25 072
25 072
25 072
-
municipal
43 702
43 702
43 702
-
pensions
292
292
292
-
total
85 461
85 461
85 461
-
Employer
205 227
205 227
205 227
-
labour market
16 418
16 418
16 418
-
municipal
43 772
43 772
43 772
-
pensions
583
583
583
-
national
25 116
25 116
25 116
-
total
85 889
85 889
85 889
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
199 000
199 000
199 000
199 000
Total tax
171 350
171 350
171 350
82 856
After tax
27 650
27 650
27 650
116 144
Living cost
48 623
48 623
48 623
48 623
Free-cash
-20 973
-20 973
-20 973
67 521

Estimated living cost  is ₽48623 per week

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

Source of data for Copenhagen model

Close
Krakow , Poland
-₽5627
₽12785
₽114211
₽87132
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
199 000
accident
-
-
-
253
income
-
-
-
56 056
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
63 043
Employee
34 209
-
180 510
-
health
3 917
-
20 668
-
income
4 693
-
43 311
-
pensions
3 852
-
7 654
-
total
12 462
-
71 633
-
Employer
34 209
-
180 510
-
accident
571
-
3 014
-
unemployment
838
-
4 422
-
pensions
5 562
-
11 053
-
total
6 971
-
18 489
-
Corporate
157 820
199 000
-
-
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.

142 038
179 100
-
-
total
142 038
179 100
-
-
Dividends
15 782
19 900
-
-
withholding
2 998
3 781
-
-
total
2 998
3 781
-
-
Income
199 000
199 000
199 000
199 000
Total tax
164 469
182 881
90 122
63 043
After tax
34 531
16 119
108 878
135 957
Living cost
21 746
21 746
21 746
21 746
Free-cash
12 785
-5 627
87 132
114 211

Estimated living cost  is ₽21746 per week

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

Additional information

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

Source of data for Krakow model

Close
Helsinki , Finland
₽84634
₽87679
₽86525
₽63728
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
199 000
municipal
-
-
-
35 343
health
-
-
-
2 643
national
-
-
-
35 744
total
-
-
-
73 730
Employee
53 095
-
167 410
-
health
396
-
2 156
-
municipal
8 697
-
27 260
-
pensions
3 583
-
11 301
-
unemployment
797
-
2 511
-
national
877
-
21 708
-
total
14 350
-
64 936
-
Employer
53 095
-
167 410
-
accident
54
-
167
-
unemployment
345
-
1 088
-
pensions
9 212
-
29 047
-
health
408
-
1 289
-
total
10 019
-
31 591
-
Corporate
135 887
199 000
-
-
income
27 177
39 800
-
-
total
27 177
39 800
-
-
Dividends

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

81 532
119 400
-
-
national
6 354
14 330
-
-
municipal
14 676
21 491
-
-
total
21 030
35 821
-
-
Income
199 000
199 000
199 000
199 000
Total tax
72 576
75 621
96 527
73 730
After tax
126 424
123 379
102 473
125 270
Living cost
38 745
38 745
38 745
38 745
Free-cash
87 679
84 634
63 728
86 525

Estimated living cost  is ₽38745 per week

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

Additional information

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

Source of data for Helsinki model

Close
Larnaca , Cyprus
₽121736
₽116248
₽111588
₽109895
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
199 000
income
-
-
-
42 644
health
-
-
-
5 075
social contributions
-
-
-
16 328
total
-
-
-
64 047
Employee
77 601
77 601
186 856
-
social contributions
2 934
6 441
8 687
-
health
601
1 320
3 177
-
income
8 449
7 184
41 732
-
total
11 984
14 945
53 596
-
Employer
77 601
77 601
186 856
-
social contributions
2 934
6 441
8 687
-
health
653
1 436
3 457
-
total
3 587
7 877
12 144
-
Corporate
160 063
113 522
-
-
income
20 007
14 191
-
-
total
20 007
14 191
-
-
Dividends
140 056
99 331
-
-
withholding
23 809
16 886
-
-
total
23 809
16 886
-
-
Income
199 000
199 000
199 000
199 000
Total tax
59 387
53 899
65 740
64 047
After tax
139 613
145 101
133 260
134 953
Living cost
23 365
23 365
23 365
23 365
Free-cash
116 248
121 736
109 895
111 588

Estimated living cost  is ₽23365 per week

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

Source of data for Larnaca model

Close
Podgorica , Montenegro
₽148769
₽143634
₽152454
₽132213
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
199 000
income
-
-
-
20 423
pensions
-
-
-
6 419
unemployment
-
-
-
29
health
-
-
-
3 652
total
-
-
-
30 523
Employee

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

23 164
-
189 137
-
health
1 969
-
8 139
-
income
1 584
-
17 920
-
pensions
3 474
-
14 363
-
unemployment
115
-
479
-
total
7 142
-
40 901
-
Employer

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

23 164
-
189 137
-
unemployment
115
-
479
-
pensions
1 274
-
5 267
-
health
996
-
4 117
-
total
2 385
-
9 863
-
Corporate
173 451
199 000
-
-
income
15 610
17 910
-
-
total
15 610
17 910
-
-
Dividends
157 841
181 090
-
-
withholding
14 206
16 298
-
-
total
14 206
16 298
-
-
Income
199 000
199 000
199 000
199 000
Total tax
39 343
34 208
50 764
30 523
After tax
159 657
164 792
148 236
168 477
Living cost
16 023
16 023
16 023
16 023
Free-cash
143 634
148 769
132 213
152 454

Estimated living cost  is ₽16023 per week

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

Source of data for Podgorica model

Close
Valencia , Spain
₽104639
₽100183
₽83688
₽79454
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
199 000
accident
-
-
-
843
income
-
-
-
59 498
pensions
-
-
-
26 471
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
87 561
Employee
37 315
-
169 180
-
other
36
-
94
-
income
7 194
-
56 033
-
pensions
1 754
-
4 397
-
unemployment
578
-
1 450
-
total
9 562
-
61 974
-
Employer
37 315
-
169 180
-
accident
739
-
1 852
-
other
299
-
749
-
unemployment
2 053
-
5 144
-
pensions
8 806
-
22 076
-
total
11 897
-
29 821
-
Corporate
149 788
199 000
-
-
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.

22 468
29 851
-
-
total
22 468
29 851
-
-
Dividends
127 320
169 149
-
-
withholding
27 139
36 759
-
-
total
27 139
36 759
-
-
Income
199 000
199 000
199 000
199 000
Total tax
71 066
66 610
91 795
87 561
After tax
127 934
132 390
107 205
111 439
Living cost
27 751
27 751
27 751
27 751
Free-cash
100 183
104 639
79 454
83 688

Estimated living cost  is ₽27751 per week

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

Source of data for Valencia model

Close
Istanbul , Turkey
₽121420
₽120966
₽124976
₽124778
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
199 000
income
-
-
-
67 801
pensions
-
-
-
2 010
health
-
-
-
1 457
total
-
-
-
71 268
Employee
4 198
-
196 738
-
health
210
-
503
-
income
812
-
67 695
-
pensions
378
-
905
-
unemployment
42
-
101
-
total
1 442
-
69 204
-
Employer
4 198
-
196 738
-
unemployment
84
-
201
-
pensions
462
-
1 106
-
health
399
-
955
-
total
945
-
2 262
-
Corporate
193 858
199 000
-
-
income
42 649
43 780
-
-
total
42 649
43 780
-
-
Dividends
151 209
155 220
-
-
withholding
30 242
31 044
-
-
total
30 242
31 044
-
-
Income
199 000
199 000
199 000
199 000
Total tax
75 278
74 824
71 466
71 268
After tax
123 722
124 176
127 534
127 732
Living cost
2 756
2 756
2 756
2 756
Free-cash
120 966
121 420
124 778
124 976

Estimated living cost  is ₽2756 per week

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

Source of data for Istanbul model

Close
Belgrade , Serbia
₽126324
₽121360
₽107820
₽107821
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
199 000
income
-
-
-
45 534
pensions
-
-
-
19 392
unemployment
-
-
-
1 119
health
-
-
-
7 682
total
-
-
-
73 727
Employee

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

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

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

26 319
-
185 649
-
health
1 355
-
3 841
-
income
3 628
-
45 534
-
pensions
3 685
-
10 442
-
unemployment
197
-
559
-
total
8 865
-
60 376
-
Employer

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

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

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

26 319
-
185 649
-
unemployment
197
-
559
-
pensions
3 158
-
8 950
-
health
1 355
-
3 841
-
total
4 710
-
13 350
-
Corporate
167 970
199 000
-
-
income
25 196
29 850
-
-
total
25 196
29 850
-
-
Dividends
142 775
169 150
-
-
withholding
21 416
25 373
-
-
total
21 416
25 373
-
-
Income
199 000
199 000
199 000
199 000
Total tax
60 187
55 223
73 726
73 727
After tax
138 813
143 777
125 274
125 273
Living cost
17 453
17 453
17 453
17 453
Free-cash
121 360
126 324
107 821
107 820

Estimated living cost  is ₽17453 per week

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

Source of data for Belgrade model

Close
Porto , Portugal
₽85984
₽85620
₽78005
₽62916
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
199 000
income
-
-
-
24 635
surtax
-
-
-
-
social contributions

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

-
-
-
69 153
total
-
-
-
93 788
Employee
39 169
-
160 809
-
social contributions
4 309
-
17 690
-
surtax
-
-
-
-
income
7 653
-
52 996
-
total
11 962
-
70 686
-
Employer
39 169
-
160 809
-
social contributions
9 302
-
38 191
-
total
9 302
-
38 191
-
Corporate
150 530
199 000
-
-
surtax
-
-
-
-
income
31 611
41 790
-
-
total
31 611
41 790
-
-
Dividends
118 919
157 210
-
-
withholding
33 298
44 019
-
-
total
33 298
44 019
-
-
Income
199 000
199 000
199 000
199 000
Total tax
86 173
85 809
108 877
93 788
After tax
112 827
113 191
90 123
105 212
Living cost
27 207
27 207
27 207
27 207
Free-cash
85 620
85 984
62 916
78 005

Estimated living cost  is ₽27207 per week

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

Source of data for Porto model

Close
Madrid , Spain
₽96923
₽90319
₽75972
₽71738
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
199 000
accident
-
-
-
843
income
-
-
-
59 498
pensions
-
-
-
26 471
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
87 561
Employee
48 739
-
169 180
-
other
48
-
94
-
income
10 180
-
56 033
-
pensions
2 290
-
4 397
-
unemployment
755
-
1 450
-
total
13 273
-
61 974
-
Employer
48 739
-
169 180
-
accident
965
-
1 852
-
other
391
-
749
-
unemployment
2 681
-
5 144
-
pensions
11 502
-
22 076
-
total
15 539
-
29 821
-
Corporate
134 722
199 000
-
-
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.

20 208
29 851
-
-
total
20 208
29 851
-
-
Dividends
114 514
169 149
-
-
withholding
24 194
36 759
-
-
total
24 194
36 759
-
-
Income
199 000
199 000
199 000
199 000
Total tax
73 214
66 610
91 795
87 561
After tax
125 786
132 390
107 205
111 439
Living cost
35 467
35 467
35 467
35 467
Free-cash
90 319
96 923
71 738
75 972

Estimated living cost  is ₽35467 per week

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

Source of data for Madrid model

Close
Sofia , Bulgaria
₽152774
₽146620
₽142362
₽150393
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
199 000
income
-
-
-
29 850
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
39 267
Employee
23 001
-
192 080
-
health
1 058
-
1 622
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
income
2 300
-
19 208
-
pensions

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

2 019
-
3 097
-
total
5 630
-
24 315
-
Employer
23 001
-
192 080
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
unemployment
138
-
212
-
pensions

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

2 535
-
3 887
-
health
1 587
-
2 434
-
total
4 513
-
6 921
-
Corporate
171 486
199 000
-
-
income
17 149
19 900
-
-
total
17 149
19 900
-
-
Dividends
154 337
179 100
-
-
withholding
7 717
8 955
-
-
total
7 717
8 955
-
-
Income
199 000
199 000
199 000
199 000
Total tax
35 009
28 855
31 236
39 267
After tax
163 991
170 145
167 764
159 733
Living cost
17 371
17 371
17 371
17 371
Free-cash
146 620
152 774
150 393
142 362

Estimated living cost  is ₽17371 per week

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

Source of data for Sofia model

Close
Berlin , Germany
₽63419
₽76618
₽63942
₽85765
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
199 000
trade
-
-
-
21 823
income

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

-
-
-
63 867
health

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

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

-
-
-
6 894
surtax

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

-
-
-
3 512
total
-
-
-
96 096
Employee

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

50 213
-
199 000
-
health

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

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

6 894
-
6 894
-
surtax

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

228
-
3 512
-
income

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

4 129
-
63 867
-
total
11 251
-
74 273
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
148 787
199 000
-
-
surtax

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

1 228
1 641
-
-
income
22 319
29 851
-
-
trade
21 352
28 556
-
-
chamber of commerce
372
444
-
-
total
45 271
60 492
-
-
Dividends
103 517
138 507
-
-
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.

1 402
1 883
-
-
withholding
25 496
34 244
-
-
total
26 898
36 127
-
-
Income
199 000
199 000
199 000
199 000
Total tax
83 420
96 619
74 273
96 096
After tax
115 580
102 381
124 727
102 904
Living cost
38 962
38 962
38 962
38 962
Free-cash
76 618
63 419
85 765
63 942

Estimated living cost  is ₽38962 per week

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

Additional information

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

Source of data for Berlin model

Close
Dublin , Ireland
₽81814
₽84041
₽44902
₽44902
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
199 000
income
-
-
-
62 919
social contributions
-
-
-
33 692
total
-
-
-
96 611
Employee
78 941
-
199 000
-
income
14 896
-
62 919
-
social contributions
6 558
-
33 692
-
total
21 454
-
96 611
-
Employer
78 941
-
199 000
-
total
-
-
-
-
Corporate
120 059
199 000
-
-
income
15 007
24 875
-
-
total
15 007
24 875
-
-
Dividends
105 053
174 125
-
-
withholding
21 011
34 824
-
-
total
21 011
34 824
-
-
Income
199 000
199 000
199 000
199 000
Total tax
57 472
59 699
96 611
96 611
After tax
141 528
139 301
102 389
102 389
Living cost
57 487
57 487
57 487
57 487
Free-cash
84 041
81 814
44 902
44 902

Estimated living cost  is ₽57487 per week

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

Additional information

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

Source of data for Dublin model

Close
Sliema , Malta
₽87383
₽90912
₽125774
₽103563
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
199 000
income
-
-
-
29 851
health

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

-
-
-
6 741
total
-
-
-
36 592
Employee
46 295
-
194 358
-
income
5 023
-
49 519
-
social contributions
4 638
-
4 642
-
total
9 661
-
54 161
-
Employer
46 295
-
194 358
-
social contributions
4 638
-
4 642
-
total
4 638
-
4 642
-
Corporate
148 066
199 000
-
-
income
51 823
69 651
-
-
total
51 823
69 651
-
-
Dividends
96 243
129 349
-
-
social contributions
5 332
5 332
-
-
total
5 332
5 332
-
-
Income
199 000
199 000
199 000
199 000
Total tax
71 454
74 983
58 803
36 592
After tax
127 546
124 017
140 197
162 408
Living cost
36 634
36 634
36 634
36 634
Free-cash
90 912
87 383
103 563
125 774

Estimated living cost  is ₽36634 per week

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

Source of data for Sliema model

Close
Edinburgh , United Kingdom
₽90423
₽96419
₽92798
₽74899
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
199 000
income
-
-
-
59 063
pensions
-
-
-
9 524
total
-
-
-
68 587
Employee
51 632
-
173 647
-
health
674
-
2 438
-
income
9 403
-
47 131
-
pensions
3 941
-
11 564
-
total
14 018
-
61 133
-
Employer
51 632
-
173 647
-
pensions
5 216
-
22 055
-
health
981
-
3 298
-
total
6 197
-
25 353
-
Corporate
141 170
199 000
-
-
income

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

26 823
37 811
-
-
total
26 823
37 811
-
-
Dividends
114 348
161 189
-
-
withholding
17 928
33 151
-
-
total
17 928
33 151
-
-
Income
199 000
199 000
199 000
199 000
Total tax
64 966
70 962
86 486
68 587
After tax
134 034
128 038
112 514
130 413
Living cost
37 615
37 615
37 615
37 615
Free-cash
96 419
90 423
74 899
92 798

Estimated living cost  is ₽37615 per week

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

Additional information

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

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

Source of data for Edinburgh model

Close
Warsaw , Poland
-₽7781
₽12453
₽112057
₽84978
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
199 000
accident
-
-
-
253
income
-
-
-
56 056
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
63 043
Employee
37 595
-
180 510
-
health
4 304
-
20 668
-
income
5 158
-
43 311
-
pensions
4 233
-
7 654
-
total
13 695
-
71 633
-
Employer
37 595
-
180 510
-
accident
628
-
3 014
-
unemployment
921
-
4 422
-
pensions
6 113
-
11 053
-
total
7 662
-
18 489
-
Corporate
153 744
199 000
-
-
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.

138 369
179 100
-
-
total
138 369
179 100
-
-
Dividends
15 374
19 900
-
-
withholding
2 921
3 781
-
-
total
2 921
3 781
-
-
Income
199 000
199 000
199 000
199 000
Total tax
162 647
182 881
90 122
63 043
After tax
36 353
16 119
108 878
135 957
Living cost
23 900
23 900
23 900
23 900
Free-cash
12 453
-7 781
84 978
112 057

Estimated living cost  is ₽23900 per week

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

Additional information

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

Source of data for Warsaw model

Close
Skopje , Macedonia
₽138604
₽149105
₽107855
₽130048
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
199 000
work injury
-
-
-
807
health insurance
-
-
-
11 943
income
-
-
-
33 131
pensions
-
-
-
29 696
unemployment
-
-
-
1 937
total
-
-
-
77 514
Employee

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

21 810
-
199 000
-
work injury
109
-
403
-
income
2 181
-
33 131
-
pensions
4 013
-
14 848
-
health insurance
1 614
-
5 971
-
unemployment
262
-
968
-
total
8 179
-
55 321
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
177 190
199 000
-
-
income

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

1 772
19 900
-
-
total
1 772
19 900
-
-
Dividends
175 418
179 100
-
-
withholding
26 313
26 865
-
-
total
26 313
26 865
-
-
Income
199 000
199 000
199 000
199 000
Total tax
36 264
46 765
55 321
77 514
After tax
162 736
152 235
143 679
121 486
Living cost
13 631
13 631
13 631
13 631
Free-cash
149 105
138 604
130 048
107 855

Estimated living cost  is ₽13631 per week

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

Source of data for Skopje model

Close
Rome , Italy
₽64617
₽60025
₽51572
₽43055
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
199 000
municipal
-
-
-
1 337
regional
-
-
-
4 607
national
-
-
-
50 772
social contributions
-
-
-
50 509
total
-
-
-
107 225
Employee
85 040
-
199 000
-
social contributions
28 675
-
66 219
-
regional
1 284
-
4 095
-
municipal
508
-
1 195
-
national
14 371
-
44 233
-
total
44 838
-
115 742
-
Employer
85 040
-
199 000
-
total
-
-
-
-
Corporate
113 960
199 000
-
-
nationa
27 350
47 759
-
-
municipal
5 493
9 591
-
-
total
32 843
57 350
-
-
Dividends
81 118
141 650
-
-
withholding
21 091
36 830
-
-
total
21 091
36 830
-
-
Income
199 000
199 000
199 000
199 000
Total tax
98 772
94 180
115 742
107 225
After tax
100 228
104 820
83 258
91 775
Living cost
40 203
40 203
40 203
40 203
Free-cash
60 025
64 617
43 055
51 572

Estimated living cost  is ₽40203 per week

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

Source of data for Rome model

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