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
₽ 200000
per

Your estimated
City
free-cash

Dresden , Germany
₽70271
₽81434
₽70606
₽94716
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
200 000
trade
-
-
-
24 110
income

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

-
-
-
64 290
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.

-
-
-
3 535
total
-
-
-
98 829
Employee

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

38 597
-
200 000
-
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
-
3 535
-
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
-
64 290
-
total
8 031
-
74 719
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
161 403
200 000
-
-
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.

1 331
1 651
-
-
income
24 211
30 000
-
-
trade
25 421
31 500
-
-
chamber of commerce
385
440
-
-
total
51 348
63 591
-
-
Dividends
110 055
136 409
-
-
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.

1 492
1 854
-
-
withholding
27 130
33 719
-
-
total
28 622
35 573
-
-
Income
200 000
200 000
200 000
200 000
Total tax
88 001
99 164
74 719
98 829
After tax
111 999
100 836
125 281
101 171
Living cost
30 565
30 565
30 565
30 565
Free-cash
81 434
70 271
94 716
70 606

Estimated living cost  is ₽30565 per week

₽19226
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.
₽7204
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73810
₽72961
₽64847
₽65920
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
200 000
municipal
-
-
-
22 072
pensions
-
-
-
24 000
national
-
-
-
35 941
social contributions
-
-
-
2 150
total
-
-
-
84 163
Employee
79 044
-
172 898
-
municipal
9 763
-
22 846
-
pensions
3 162
-
6 916
-
national
15 129
-
37 637
-
total
28 054
-
67 399
-
Employer
79 044
-
172 898
-
social contributions
850
-
1 859
-
pensions
6 324
-
13 832
-
total
7 174
-
15 691
-
Corporate
108 566
200 000
-
-
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%.

21 713
40 000
-
-
total
21 713
40 000
-
-
Dividends
86 853
160 000
-
-
withholding
19 108
35 200
-
-
total
19 108
35 200
-
-
Income
200 000
200 000
200 000
200 000
Total tax
76 049
75 200
83 090
84 163
After tax
123 951
124 800
116 910
115 837
Living cost
50 990
50 990
50 990
50 990
Free-cash
72 961
73 810
65 920
64 847

Estimated living cost  is ₽50990 per week

₽34657
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
₽139006
₽130729
₽49934
₽64537
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
200 000
microenterprise
-
-
-
-
income
-
-
-
39 408
surtax
-
-
-
51 000
social contributions

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

-
-
-
38 664
total
-
-
-
129 072
Employee
29 487
-
154 079
-
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
-
13 229
-
surtax
-
-
22 342
-
income
5 249
-
32 976
-
total
8 493
-
68 547
-
Employer
29 487
-
154 079
-
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
-
28 972
-
surtax
-
-
16 950
-
total
7 103
-
45 922
-
Corporate
163 410
200 000
-
-
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%.

32 681
40 000
-
-
total
32 681
40 000
-
-
Dividends

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

130 729
160 000
-
-
total
-
-
-
-
Income
200 000
200 000
200 000
200 000
Total tax
48 277
40 000
114 469
129 072
After tax
151 723
160 000
85 531
70 928
Living cost
20 994
20 994
20 994
20 994
Free-cash
130 729
139 006
64 537
49 934

Estimated living cost  is ₽20994 per week

₽13393
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
₽57078
₽50897
₽66595
₽85095
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
200 000
income
-
-
-
66 865
pensions
-
-
-
11 823
health
-
-
-
12 444
total
-
-
-
91 132
Employee
86 174
86 174
181 247
-
health
13 227
11 251
12 444
-
income

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

14 105
14 105
29 611
-
pensions
15 511
11 823
11 823
-
total
42 843
37 179
53 878
-
Employer
86 174
86 174
181 247
-
unemployment
3 102
3 102
3 855
-
pensions
5 998
5 998
7 455
-
health
5 990
5 990
7 444
-
total
15 090
15 090
18 754
-
Corporate
99 793
98 735
-
-
income
19 958
19 747
-
-
total
19 958
19 747
-
-
Dividends
79 835
78 988
-
-
income
16 965
16 785
-
-
withholding
11 974
11 848
-
-
total
28 939
28 633
-
-
Income
200 000
200 000
200 000
200 000
Total tax
106 830
100 649
72 632
91 132
After tax
93 170
99 351
127 368
108 868
Living cost
42 273
42 273
42 273
42 273
Free-cash
50 897
57 078
85 095
66 595

Estimated living cost  is ₽42273 per week

₽29958
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.
₽7832
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70211
₽69335
₽61991
₽61044
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
200 000
municipal
-
-
-
52 258
accident
-
-
-
171
pensions
-
-
-
9 237
other
-
-
-
9 929
unemployment
-
-
-
85
health
-
-
-
5 332
national
-
-
-
22 008
total
-
-
-
99 020
Employee
55 556
-
173 151
-
municipal
16 567
-
51 634
-
national
-
-
21 485
-
total
16 567
-
73 119
-
Employer
55 556
-
173 151
-
accident
111
-
171
-
other
6 456
-
9 929
-
unemployment
1 467
-
2 256
-
pensions
6 006
-
9 237
-
health
3 417
-
5 255
-
total
17 457
-
26 848
-
Corporate
126 988
200 000
-
-
income
27 937
44 000
-
-
total
27 937
44 000
-
-
Dividends
99 051
156 000
-
-
withholding
29 715
46 800
-
-
total
29 715
46 800
-
-
Income
200 000
200 000
200 000
200 000
Total tax
91 676
90 800
99 967
99 020
After tax
108 324
109 200
100 033
100 980
Living cost
38 989
38 989
38 989
38 989
Free-cash
69 335
70 211
61 044
61 991

Estimated living cost  is ₽38989 per week

₽25841
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
₽60165
₽74344
₽60457
₽85639
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
200 000
trade
-
-
-
25 182
income

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

-
-
-
64 290
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.

-
-
-
3 535
total
-
-
-
99 901
Employee

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

51 174
-
200 000
-
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
-
3 535
-
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
-
64 290
-
total
11 532
-
74 719
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
148 826
200 000
-
-
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
1 651
-
-
income
22 323
30 000
-
-
trade
24 481
32 899
-
-
chamber of commerce
366
439
-
-
total
48 398
64 989
-
-
Dividends
100 428
135 011
-
-
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.

1 360
1 835
-
-
withholding
24 724
33 369
-
-
total
26 084
35 204
-
-
Income
200 000
200 000
200 000
200 000
Total tax
86 014
100 193
74 719
99 901
After tax
113 986
99 807
125 281
100 099
Living cost
39 642
39 642
39 642
39 642
Free-cash
74 344
60 165
85 639
60 457

Estimated living cost  is ₽39642 per week

₽26513
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4180
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.
₽8357
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽113099
₽108912
₽102854
₽101155
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
200 000
income
-
-
-
42 988
health
-
-
-
5 100
social contributions
-
-
-
16 327
total
-
-
-
64 415
Employee
77 596
77 596
187 838
-
social contributions
3 771
6 440
8 686
-
health
772
1 319
3 194
-
income
8 148
7 183
42 072
-
total
12 691
14 942
53 952
-
Employer
77 596
77 596
187 838
-
social contributions
3 771
6 440
8 686
-
health
841
1 436
3 476
-
total
4 612
7 876
12 162
-
Corporate
149 967
114 527
-
-
income
18 746
14 316
-
-
total
18 746
14 316
-
-
Dividends
131 222
100 211
-
-
withholding
22 308
17 036
-
-
total
22 308
17 036
-
-
Income
200 000
200 000
200 000
200 000
Total tax
58 357
54 170
66 114
64 415
After tax
141 643
145 830
133 886
135 585
Living cost
32 731
32 731
32 731
32 731
Free-cash
108 912
113 099
101 155
102 854

Estimated living cost  is ₽32731 per week

₽22375
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.
₽7250
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93968
₽94348
₽120215
₽97608
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
200 000
income
-
-
-
24 450
pensions
-
-
-
20 000
unemployment
-
-
-
3 000
health
-
-
-
14 000
total
-
-
-
61 450
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.

26 467
10 533
167 364
-
health
1 853
737
11 715
-
income
3 236
1 288
20 460
-
pensions
2 647
1 053
16 736
-
unemployment
397
158
2 510
-
total
8 133
3 236
51 421
-
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.

26 467
10 533
167 364
-
pensions
5 161
2 054
32 636
-
total
5 161
2 054
32 636
-
Corporate
168 372
187 413
-
-
income
15 154
16 867
-
-
total
15 154
16 867
-
-
Dividends
153 219
170 546
-
-
social contributions
29 757
33 136
-
-
withholding
29 112
32 404
-
-
total
58 869
65 540
-
-
Income
200 000
200 000
200 000
200 000
Total tax
87 317
87 697
84 057
61 450
After tax
112 683
112 303
115 943
138 550
Living cost
18 335
18 335
18 335
18 335
Free-cash
94 348
93 968
97 608
120 215

Estimated living cost  is ₽18335 per week

₽12512
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.
₽3956
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽135626
₽129357
₽82826
₽90905
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
200 000
income
-
-
-
26 800
pensions
-
-
-
40 000
health
-
-
-
26 000
total
-
-
-
92 800
Employee
28 627
-
149 479
-
income
3 223
-
28 819
-
pensions
573
-
2 989
-
unemployment
458
-
2 392
-
total
4 254
-
34 200
-
Employer
28 627
-
149 479
-
unemployment
230
-
1 195
-
pensions
5 726
-
29 895
-
health
3 721
-
19 431
-
total
9 677
-
50 521
-
Corporate
161 697
200 000
-
-
income
32 338
40 000
-
-
total
32 338
40 000
-
-
Dividends
129 358
160 000
-
-
total
-
-
-
-
Income
200 000
200 000
200 000
200 000
Total tax
46 269
40 000
84 721
92 800
After tax
153 731
160 000
115 279
107 200
Living cost
24 374
24 374
24 374
24 374
Free-cash
129 357
135 626
90 905
82 826

Estimated living cost  is ₽24374 per week

₽16718
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.
₽5714
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5871
₽12814
₽114566
₽87383
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
200 000
accident
-
-
-
253
income
-
-
-
56 376
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
63 363
Employee
34 719
-
181 471
-
health
3 975
-
20 778
-
income
4 763
-
43 584
-
pensions
3 909
-
7 654
-
total
12 647
-
72 016
-
Employer
34 719
-
181 471
-
accident
580
-
3 031
-
unemployment
851
-
4 446
-
pensions
5 646
-
11 053
-
total
7 077
-
18 530
-
Corporate
158 206
200 000
-
-
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.

142 385
180 000
-
-
total
142 385
180 000
-
-
Dividends
15 820
20 000
-
-
withholding
3 006
3 800
-
-
total
3 006
3 800
-
-
Income
200 000
200 000
200 000
200 000
Total tax
165 115
183 800
90 546
63 363
After tax
34 885
16 200
109 454
136 637
Living cost
22 071
22 071
22 071
22 071
Free-cash
12 814
-5 871
87 383
114 566

Estimated living cost  is ₽22071 per week

₽16176
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
₽180921
₽179220
₽188921
₽150921
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
200 000
microenterprise

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

-
-
-
2 000
total
-
-
-
2 000
Employee
11 349
-
200 000
-
income
2 269
-
40 000
-
total
2 269
-
40 000
-
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%.

188 651
200 000
-
-
total
-
-
-
-
Dividends
188 651
200 000
-
-
withholding
9 432
10 000
-
-
total
9 432
10 000
-
-
Income
200 000
200 000
200 000
200 000
Total tax
11 701
10 000
40 000
2 000
After tax
188 299
190 000
160 000
198 000
Living cost
9 079
9 079
9 079
9 079
Free-cash
179 220
180 921
150 921
188 921

Estimated living cost  is ₽9079 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
₽120051
₽113235
₽89229
₽87514
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
200 000
income
-
-
-
33 013
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.

-
-
-
36 829
other
-
-
-
7 288
health
-
-
-
6 752
total
-
-
-
83 882
Employee
36 640
-
161 267
-
health
513
-
2 149
-
income
6 308
-
32 440
-
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
-
10 741
-
unemployment
366
-
1 534
-
total
9 751
-
46 864
-
Employer
36 640
-
161 267
-
accident
293
-
1 291
-
other
1 833
-
7 671
-
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.

6 229
-
26 088
-
health
513
-
2 149
-
total
9 234
-
38 733
-
Corporate
154 126
200 000
-
-
income
32 367
41 999
-
-
total
32 367
41 999
-
-
Dividends
121 759
158 001
-
-
withholding
8 524
11 061
-
-
total
8 524
11 061
-
-
Income
200 000
200 000
200 000
200 000
Total tax
59 876
53 060
85 597
83 882
After tax
140 124
146 940
114 403
116 118
Living cost
26 889
26 889
26 889
26 889
Free-cash
113 235
120 051
87 514
89 229

Estimated living cost  is ₽26889 per week

₽18999
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1815
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
₽60861
₽68220
₽63277
₽45293
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
200 000
income
-
-
-
59 458
pensions
-
-
-
9 543
total
-
-
-
69 001
Employee
95 816
-
174 510
-
health
1 579
-
2 447
-
income
17 272
-
47 469
-
pensions
9 244
-
11 579
-
total
28 095
-
61 495
-
Employer
95 816
-
174 510
-
pensions
11 313
-
22 174
-
health
1 820
-
3 316
-
total
13 133
-
25 490
-
Corporate
91 051
200 000
-
-
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.

17 299
38 000
-
-
total
17 299
38 000
-
-
Dividends
73 752
162 000
-
-
withholding
5 531
33 417
-
-
total
5 531
33 417
-
-
Income
200 000
200 000
200 000
200 000
Total tax
64 058
71 417
86 985
69 001
After tax
135 942
128 583
113 015
130 999
Living cost
67 722
67 722
67 722
67 722
Free-cash
68 220
60 861
45 293
63 277

Estimated living cost  is ₽67722 per week

₽50745
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
₽157761
₽153070
₽147344
₽155425
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
200 000
income
-
-
-
30 000
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
-
-
-
39 417
Employee
17 531
-
193 080
-
health
806
-
1 622
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
income
1 753
-
19 308
-
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
-
24 415
-
Employer
17 531
-
193 080
-
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
179 029
200 000
-
-
income
17 903
20 000
-
-
total
17 903
20 000
-
-
Dividends
161 126
180 000
-
-
withholding
8 057
9 000
-
-
total
8 057
9 000
-
-
Income
200 000
200 000
200 000
200 000
Total tax
33 691
29 000
31 336
39 417
After tax
166 309
171 000
168 664
160 583
Living cost
13 239
13 239
13 239
13 239
Free-cash
153 070
157 761
155 425
147 344

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
₽43394
₽45933
₽52911
₽71411
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
200 000
income
-
-
-
66 865
pensions
-
-
-
11 823
health
-
-
-
12 444
total
-
-
-
91 132
Employee
93 558
86 174
181 247
-
health
11 672
11 251
12 444
-
income

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

14 105
14 105
29 611
-
pensions
11 823
11 823
11 823
-
total
37 600
37 179
53 878
-
Employer
93 558
86 174
181 247
-
unemployment
3 368
3 102
3 855
-
pensions
6 511
5 998
7 455
-
health
6 501
5 990
7 444
-
total
16 380
15 090
18 754
-
Corporate
90 061
98 735
-
-
income
18 012
19 747
-
-
total
18 012
19 747
-
-
Dividends
72 049
78 988
-
-
income
15 310
16 785
-
-
withholding
10 808
11 848
-
-
total
26 118
28 633
-
-
Income
200 000
200 000
200 000
200 000
Total tax
98 110
100 649
72 632
91 132
After tax
101 890
99 351
127 368
108 868
Living cost
55 957
55 957
55 957
55 957
Free-cash
45 933
43 394
71 411
52 911

Estimated living cost  is ₽55957 per week

₽41278
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
₽113533
₽104910
₽91985
₽83500
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
200 000
income
-
-
-
20 734
health
-
-
-
27 000
solidarity contribution
-
-
-
1 339
social contributions
-
-
-
34 775
total
-
-
-
83 848
Employee
35 540
-
156 171
-
social contributions
2 310
-
7 741
-
health
4 798
-
21 083
-
solidarity contribution
-
-
578
-
income
4 265
-
19 102
-
total
11 373
-
48 504
-
Employer
35 540
-
156 171
-
social contributions
8 885
-
29 774
-
health
3 199
-
14 055
-
total
12 084
-
43 829
-
Corporate
152 377
200 000
-
-
income
28 952
38 000
-
-
total
28 952
38 000
-
-
Dividends
123 425
162 000
-
-
withholding
18 514
24 300
-
-
total
18 514
24 300
-
-
Income
200 000
200 000
200 000
200 000
Total tax
70 923
62 300
92 333
83 848
After tax
129 077
137 700
107 667
116 152
Living cost
24 167
24 167
24 167
24 167
Free-cash
104 910
113 533
83 500
91 985

Estimated living cost  is ₽24167 per week

₽16787
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1719
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.
₽5186
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64128
₽58857
₽52113
₽43360
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
200 000
municipal
-
-
-
1 197
regional
-
-
-
2 400
national
-
-
-
51 203
social contributions
-
-
-
50 506
total
-
-
-
105 306
Employee
89 684
-
200 000
-
social contributions
30 241
-
66 215
-
regional
846
-
2 128
-
municipal
475
-
1 070
-
national
15 540
-
44 646
-
total
47 102
-
114 059
-
Employer
89 684
-
200 000
-
total
-
-
-
-
Corporate
110 316
200 000
-
-
nationa
26 477
47 999
-
-
municipal
4 303
7 800
-
-
total
30 780
55 799
-
-
Dividends
79 536
144 201
-
-
withholding
20 680
37 492
-
-
total
20 680
37 492
-
-
Income
200 000
200 000
200 000
200 000
Total tax
98 562
93 291
114 059
105 306
After tax
101 438
106 709
85 941
94 694
Living cost
42 581
42 581
42 581
42 581
Free-cash
58 857
64 128
43 360
52 113

Estimated living cost  is ₽42581 per week

₽29682
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.
₽9452
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽103532
₽100390
₽72082
₽65912
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
200 000
income
-
-
-
59 301
pensions
-
-
-
26 936
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
9 562
surtax
-
-
-
9 621
total
-
-
-
105 650
Employee
33 371
-
171 651
-
other
-
-
-
-
health
852
-
3 434
-
surtax
109
-
8 414
-
income
5 594
-
53 265
-
pensions
2 225
-
8 983
-
unemployment
2 323
-
9 374
-
total
11 103
-
83 470
-
Employer
33 371
-
171 651
-
other
-
-
-
-
unemployment
1 057
-
4 269
-
pensions
4 449
-
17 953
-
health
1 519
-
6 128
-
total
7 025
-
28 350
-
Corporate
159 605
200 000
-
-
income
41 498
52 000
-
-
total
41 498
52 000
-
-
Dividends
118 107
148 000
-
-
withholding
17 716
22 200
-
-
total
17 716
22 200
-
-
Income
200 000
200 000
200 000
200 000
Total tax
77 342
74 200
111 820
105 650
After tax
122 658
125 800
88 180
94 350
Living cost
22 268
22 268
22 268
22 268
Free-cash
100 390
103 532
65 912
72 082

Estimated living cost  is ₽22268 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
₽82317
₽89007
₽84733
₽66749
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
200 000
income
-
-
-
59 458
pensions
-
-
-
9 543
total
-
-
-
69 001
Employee
64 213
-
174 510
-
health
932
-
2 447
-
income
11 565
-
47 469
-
pensions
5 450
-
11 579
-
total
17 947
-
61 495
-
Employer
64 213
-
174 510
-
pensions
6 951
-
22 174
-
health
1 220
-
3 316
-
total
8 171
-
25 490
-
Corporate
127 616
200 000
-
-
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.

24 248
38 000
-
-
total
24 248
38 000
-
-
Dividends
103 368
162 000
-
-
withholding
14 361
33 417
-
-
total
14 361
33 417
-
-
Income
200 000
200 000
200 000
200 000
Total tax
64 727
71 417
86 985
69 001
After tax
135 273
128 583
113 015
130 999
Living cost
46 266
46 266
46 266
46 266
Free-cash
89 007
82 317
66 749
84 733

Estimated living cost  is ₽46266 per week

₽34662
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.
₽7651
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽15190
₽47819
₽83737
₽75467
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
200 000
city
-
-
-
2 108
pensions
-
-
-
18 399
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.

-
-
-
4 000
regional
-
-
-
10 646
health
-
-
-
451
national
-
-
-
4 393
total
-
-
-
39 997
Employee
89 251
-
179 440
-
city
958
-
1 933
-
regional
2 923
-
9 326
-
health
202
-
404
-
pensions
7 498
-
14 593
-
unemployment
-
-
-
-
national
422
-
3 425
-
total
12 003
-
29 681
-
Employer
89 251
-
179 440
-
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.

1 784
-
3 589
-
unemployment
-
-
-
-
pensions
7 498
-
14 593
-
health
202
-
404
-
total
9 484
-
18 586
-
Corporate
100 283
200 000
-
-
regional
21 210
42 300
-
-
national
8 525
17 000
-
-
total
29 735
59 300
-
-
Dividends
70 549
140 699
-
-
withholding
24 693
49 244
-
-
total
24 693
49 244
-
-
Income
200 000
200 000
200 000
200 000
Total tax
75 915
108 544
48 267
39 997
After tax
124 085
91 456
151 733
160 003
Living cost
76 266
76 266
76 266
76 266
Free-cash
47 819
15 190
75 467
83 737

Estimated living cost  is ₽76266 per week

₽49595
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6844
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.
₽18891
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽52552
₽68915
₽52799
₽79053
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
200 000
trade
-
-
-
26 254
income

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

-
-
-
64 290
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.

-
-
-
3 535
total
-
-
-
100 973
Employee

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

60 646
-
200 000
-
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
-
3 535
-
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.

7 131
-
64 290
-
total
14 418
-
74 719
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
139 354
200 000
-
-
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.

1 149
1 651
-
-
income
20 904
30 000
-
-
trade
23 899
34 299
-
-
chamber of commerce
349
435
-
-
total
46 301
66 385
-
-
Dividends
93 053
133 615
-
-
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.

1 258
1 815
-
-
withholding
22 880
33 020
-
-
total
24 138
34 835
-
-
Income
200 000
200 000
200 000
200 000
Total tax
84 857
101 220
74 719
100 973
After tax
115 143
98 780
125 281
99 027
Living cost
46 228
46 228
46 228
46 228
Free-cash
68 915
52 552
79 053
52 799

Estimated living cost  is ₽46228 per week

₽33763
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.
₽8167
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66275
₽72235
₽77257
₽72865
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
200 000
income
-
-
-
33 623
pensions
-
-
-
33 543
other
-
-
-
6 201
health
-
-
-
9 152
surtax
-
-
-
-
social contributions
-
-
-
5 699
total
-
-
-
88 218
Employee
43 189
-
153 732
-
social contributions
1 231
-
4 380
-
surtax
-
-
-
-
income
2 549
-
30 840
-
pensions
4 883
-
11 126
-
total
8 663
-
46 346
-
Employer
43 189
-
153 732
-
other
1 490
-
6 182
-
social contributions
130
-
462
-
unemployment
1 748
-
6 226
-
pensions
7 095
-
18 653
-
health
3 024
-
14 741
-
total
13 487
-
46 264
-
Corporate
143 324
200 000
-
-
surtax
-
-
-
-
income
40 130
56 000
-
-
total
40 130
56 000
-
-
Dividends
103 194
144 000
-
-
surtax
-
-
-
-
social contributions
17 750
24 768
-
-
withholding
13 210
18 432
-
-
total
30 960
43 200
-
-
Income
200 000
200 000
200 000
200 000
Total tax
93 240
99 200
92 610
88 218
After tax
106 760
100 800
107 390
111 782
Living cost
34 525
34 525
34 525
34 525
Free-cash
72 235
66 275
72 865
77 257

Estimated living cost  is ₽34525 per week

₽21770
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2807
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.
₽9362
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69695
₽75301
₽80677
₽76285
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
200 000
income
-
-
-
33 623
pensions
-
-
-
33 543
other
-
-
-
6 201
health
-
-
-
9 152
surtax
-
-
-
-
social contributions
-
-
-
5 699
total
-
-
-
88 218
Employee
38 552
-
153 732
-
social contributions
1 099
-
4 380
-
surtax
-
-
-
-
income
1 988
-
30 840
-
pensions
4 360
-
11 126
-
total
7 447
-
46 346
-
Employer
38 552
-
153 732
-
other
1 331
-
6 182
-
social contributions
115
-
462
-
unemployment
1 561
-
6 226
-
pensions
6 335
-
18 653
-
health
2 698
-
14 741
-
total
12 040
-
46 264
-
Corporate
149 409
200 000
-
-
surtax
-
-
-
-
income
41 835
56 000
-
-
total
41 835
56 000
-
-
Dividends
107 574
144 000
-
-
surtax
-
-
-
-
social contributions
18 503
24 768
-
-
withholding
13 769
18 432
-
-
total
32 272
43 200
-
-
Income
200 000
200 000
200 000
200 000
Total tax
93 594
99 200
92 610
88 218
After tax
106 406
100 800
107 390
111 782
Living cost
31 105
31 105
31 105
31 105
Free-cash
75 301
69 695
76 285
80 677

Estimated living cost  is ₽31105 per week

₽18039
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.
₽9316
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽100620
₽101141
₽107041
₽102263
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
200 000
income
-
-
-
30 000
health
-
-
-
13 960
social contributions
-
-
-
27 601
total
-
-
-
71 561
Employee
34 215
-
200 000
-
social contributions
4 722
-
27 601
-
health
2 388
-
13 960
-
income
5 707
-
34 778
-
total
12 817
-
76 339
-
Employer
34 215
-
200 000
-
total
-
-
-
-
Corporate
165 785
200 000
-
-
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%.

8 290
10 000
-
-
total
8 290
10 000
-
-
Dividends
157 495
190 000
-
-
health
10 994
13 261
-
-
social contributions
21 735
26 220
-
-
withholding
23 625
28 501
-
-
total
56 354
67 982
-
-
Income
200 000
200 000
200 000
200 000
Total tax
77 461
77 982
76 339
71 561
After tax
122 539
122 018
123 661
128 439
Living cost
21 398
21 398
21 398
21 398
Free-cash
101 141
100 620
102 263
107 041

Estimated living cost  is ₽21398 per week

₽14320
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1319
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.
₽5264
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74893
₽73328
₽67154
₽17162
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
200 000
chamber of commerce
-
-
-
800
income
-
-
-
59 273
pensions
-
-
-
21 810
unemployment
-
-
-
6 189
health
-
-
-
9 018
surtax
-
-
-
199
total
-
-
-
97 289
Employee
50 431
40 215
162 608
-
other
504
402
1 180
-
health
1 951
1 557
4 561
-
income
5 741
2 966
48 846
-
pensions
5 165
4 117
12 072
-
unemployment
1 513
1 206
3 537
-
total
14 874
10 248
70 196
-
Employer
50 431
40 215
162 608
-
accident
655
523
1 532
-
other
2 396
1 909
7 344
-
chamber of commerce
201
161
651
-
unemployment
1 513
1 206
3 537
-
surtax
199
199
199
-
pensions
6 329
5 048
14 795
-
payroll
1 513
1 206
4 877
-
health
1 905
1 520
4 456
-
total
14 711
11 772
37 391
-
Corporate
134 858
148 012
158 778
-
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.

33 715
37 003
39 694
-
total
33 715
37 003
39 694
-
Dividends
101 143
111 009
-
-
withholding
27 815
30 527
-
-
total
27 815
30 527
-
-
Income
200 000
200 000
200 000
200 000
Total tax
91 115
89 550
147 281
97 289
After tax
108 885
110 450
52 719
102 711
Living cost
35 557
35 557
35 557
35 557
Free-cash
73 328
74 893
17 162
67 154

Estimated living cost  is ₽35557 per week

₽23715
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3033
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
₽74468
₽59878
₽50057
₽32380
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
200 000
national
-
-
-
77 500
communal

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

-
-
-
10 490
social contributions
-
-
-
25 159
total
-
-
-
113 149
Employee

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

72 183
-
154 904
-
communal

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

3 765
-
8 079
-
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.

3 391
-
7 281
-
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
-
11 618
-
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
-
1 348
-
national
22 192
-
57 407
-
total
35 390
-
85 733
-
Employer

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

72 183
-
154 904
-
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
-
2 015
-
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
-
2 262
-
surtax
8 185
-
17 564
-
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
-
13 725
-
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
-
9 527
-
total
21 011
-
45 093
-
Corporate
106 806
200 000
-
-
surtax
427
816
-
-
income
21 362
40 764
-
-
total
21 789
41 580
-
-
Dividends
85 017
158 420
-
-
withholding

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

25 138
47 158
-
-
total
25 138
47 158
-
-
Income
200 000
200 000
200 000
200 000
Total tax
103 328
88 738
130 826
113 149
After tax
96 672
111 262
69 174
86 851
Living cost
36 794
36 794
36 794
36 794
Free-cash
59 878
74 468
32 380
50 057

Estimated living cost  is ₽36794 per week

₽23700
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.
₽9301
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96602
₽89691
₽75546
₽71312
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
200 000
accident
-
-
-
843
income
-
-
-
59 950
pensions
-
-
-
26 469
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
88 011
Employee
50 231
-
170 182
-
other
50
-
94
-
income
10 598
-
56 485
-
pensions
2 361
-
4 397
-
unemployment
779
-
1 450
-
total
13 788
-
62 426
-
Employer
50 231
-
170 182
-
accident
994
-
1 852
-
other
400
-
749
-
unemployment
2 763
-
5 144
-
pensions
11 854
-
22 074
-
total
16 011
-
29 819
-
Corporate
133 758
200 000
-
-
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.

20 063
30 000
-
-
total
20 063
30 000
-
-
Dividends
113 694
170 000
-
-
withholding
24 004
36 955
-
-
total
24 004
36 955
-
-
Income
200 000
200 000
200 000
200 000
Total tax
73 866
66 955
92 245
88 011
After tax
126 134
133 045
107 755
111 989
Living cost
36 443
36 443
36 443
36 443
Free-cash
89 691
96 602
71 312
75 546

Estimated living cost  is ₽36443 per week

₽26837
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
₽60478
₽46912
₽41549
₽49526
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
200 000
accident
-
-
-
1 687
income
-
-
-
35 338
pensions
-
-
-
29 977
health
-
-
-
14 052
surtax
-
-
-
9 916
communal
-
-
-
12 641
total
-
-
-
103 611
Employee
76 419
-
178 652
-
health
3 401
-
7 949
-
surtax
4 684
-
10 948
-
income
7 381
-
41 097
-
pensions
6 113
-
14 292
-
total
21 579
-
74 286
-
Employer
76 419
-
178 652
-
accident
687
-
1 609
-
pensions
6 113
-
14 292
-
health
2 331
-
5 448
-
total
9 131
-
21 349
-
Corporate
114 450
200 000
-
-
surtax
1 203
2 101
-
-
communal
7 725
13 501
-
-
income
17 168
30 000
-
-
total
26 096
45 602
-
-
Dividends
88 354
154 398
-
-
income
28 189
15 920
-
-
withholding
13 254
23 160
-
-
total
41 443
39 080
-
-
Income
200 000
200 000
200 000
200 000
Total tax
98 249
84 682
95 635
103 611
After tax
101 751
115 318
104 365
96 389
Living cost
54 839
54 839
54 839
54 839
Free-cash
46 912
60 478
49 526
41 549

Estimated living cost  is ₽54839 per week

₽41138
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.
₽9797
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽103134
₽99926
₽71684
₽65514
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
200 000
income
-
-
-
59 301
pensions
-
-
-
26 936
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
9 562
surtax
-
-
-
9 621
total
-
-
-
105 650
Employee
33 983
-
171 651
-
other
-
-
-
-
health
867
-
3 434
-
surtax
121
-
8 414
-
income
5 697
-
53 265
-
pensions
2 267
-
8 983
-
unemployment
2 365
-
9 374
-
total
11 317
-
83 470
-
Employer
33 983
-
171 651
-
other
-
-
-
-
unemployment
1 078
-
4 269
-
pensions
4 531
-
17 953
-
health
1 545
-
6 128
-
total
7 154
-
28 350
-
Corporate
158 862
200 000
-
-
income
41 304
52 000
-
-
total
41 304
52 000
-
-
Dividends
117 558
148 000
-
-
withholding
17 633
22 200
-
-
total
17 633
22 200
-
-
Income
200 000
200 000
200 000
200 000
Total tax
77 408
74 200
111 820
105 650
After tax
122 592
125 800
88 180
94 350
Living cost
22 666
22 666
22 666
22 666
Free-cash
99 926
103 134
65 514
71 684

Estimated living cost  is ₽22666 per week

₽13684
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
₽77941
₽75701
₽66877
₽58170
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
200 000
municipal
-
-
-
1 197
regional
-
-
-
3 034
national
-
-
-
51 203
social contributions
-
-
-
50 506
total
-
-
-
105 940
Employee
55 977
-
200 000
-
social contributions
18 876
-
66 215
-
regional
754
-
2 716
-
municipal
297
-
1 070
-
national
8 868
-
44 646
-
total
28 795
-
114 647
-
Employer
55 977
-
200 000
-
total
-
-
-
-
Corporate
144 023
200 000
-
-
nationa
34 566
47 999
-
-
municipal
7 158
9 941
-
-
total
41 724
57 940
-
-
Dividends
102 299
142 060
-
-
withholding
26 597
36 936
-
-
total
26 597
36 936
-
-
Income
200 000
200 000
200 000
200 000
Total tax
97 116
94 876
114 647
105 940
After tax
102 884
105 124
85 353
94 060
Living cost
27 183
27 183
27 183
27 183
Free-cash
75 701
77 941
58 170
66 877

Estimated living cost  is ₽27183 per week

₽16906
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
₽107920
₽97296
₽86372
₽77887
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
200 000
income
-
-
-
20 734
health
-
-
-
27 000
solidarity contribution
-
-
-
1 339
social contributions
-
-
-
34 775
total
-
-
-
83 848
Employee
43 794
-
156 171
-
social contributions
2 847
-
7 741
-
health
5 912
-
21 083
-
solidarity contribution
-
-
578
-
income
5 255
-
19 102
-
total
14 014
-
48 504
-
Employer
43 794
-
156 171
-
social contributions
10 949
-
29 774
-
health
3 941
-
14 055
-
total
14 890
-
43 829
-
Corporate
141 316
200 000
-
-
income
26 850
38 000
-
-
total
26 850
38 000
-
-
Dividends
114 466
162 000
-
-
withholding
17 170
24 300
-
-
total
17 170
24 300
-
-
Income
200 000
200 000
200 000
200 000
Total tax
72 924
62 300
92 333
83 848
After tax
127 076
137 700
107 667
116 152
Living cost
29 780
29 780
29 780
29 780
Free-cash
97 296
107 920
77 887
86 372

Estimated living cost  is ₽29780 per week

₽22146
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.
₽5469
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78363
₽77864
₽70716
₽20574
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
200 000
chamber of commerce
-
-
-
800
income
-
-
-
59 273
pensions
-
-
-
21 810
unemployment
-
-
-
6 189
health
-
-
-
9 018
surtax
-
-
-
-
total
-
-
-
97 090
Employee
44 111
40 215
162 796
-
other
440
402
1 180
-
health
1 706
1 557
4 561
-
income
3 930
2 966
48 936
-
pensions
4 517
4 117
12 072
-
unemployment
1 323
1 206
3 537
-
total
11 916
10 248
70 286
-
Employer
44 111
40 215
162 796
-
accident
573
523
1 532
-
other
2 095
1 909
7 350
-
chamber of commerce
176
161
651
-
unemployment
1 323
1 206
3 537
-
surtax
-
-
-
-
pensions
5 536
5 048
14 795
-
payroll
1 323
1 206
4 883
-
health
1 668
1 520
4 456
-
total
12 694
11 573
37 204
-
Corporate
143 194
148 211
158 966
-
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.

35 799
37 053
39 742
-
total
35 799
37 053
39 742
-
Dividends
107 395
111 158
-
-
withholding
29 533
30 569
-
-
total
29 533
30 569
-
-
Income
200 000
200 000
200 000
200 000
Total tax
89 942
89 443
147 232
97 090
After tax
110 058
110 557
52 768
102 910
Living cost
32 194
32 194
32 194
32 194
Free-cash
77 864
78 363
20 574
70 716

Estimated living cost  is ₽32194 per week

₽19313
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.
₽574
Clothing and shoes. We estimate one pair of shoes and 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
₽175851
₽173198
₽183851
₽145851
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
200 000
microenterprise

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

-
-
-
2 000
total
-
-
-
2 000
Employee
17 686
-
200 000
-
income
3 537
-
40 000
-
total
3 537
-
40 000
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

182 314
200 000
-
-
total
-
-
-
-
Dividends
182 314
200 000
-
-
withholding
9 116
10 000
-
-
total
9 116
10 000
-
-
Income
200 000
200 000
200 000
200 000
Total tax
12 653
10 000
40 000
2 000
After tax
187 347
190 000
160 000
198 000
Living cost
14 149
14 149
14 149
14 149
Free-cash
173 198
175 851
145 851
183 851

Estimated living cost  is ₽14149 per week

₽9574
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
₽110635
₽102193
₽68636
₽64190
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
200 000
income
-
-
-
47 791
pensions
-
-
-
36 525
unemployment
-
-
-
301
health
-
-
-
19 680
total
-
-
-
104 297
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.

44 623
-
173 056
-
health
2 882
-
11 178
-
income
7 695
-
43 556
-
pensions
6 917
-
26 823
-
unemployment
63
-
243
-
total
17 557
-
81 800
-
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.

44 623
-
173 056
-
unemployment
27
-
103
-
pensions
3 949
-
15 316
-
health
2 972
-
11 524
-
total
6 948
-
26 943
-
Corporate
148 429
200 000
-
-
income
28 202
37 999
-
-
total
28 202
37 999
-
-
Dividends
120 227
162 001
-
-
withholding
18 033
24 299
-
-
total
18 033
24 299
-
-
Income
200 000
200 000
200 000
200 000
Total tax
70 740
62 298
108 743
104 297
After tax
129 260
137 702
91 257
95 703
Living cost
27 067
27 067
27 067
27 067
Free-cash
102 193
110 635
64 190
68 636

Estimated living cost  is ₽27067 per week

₽18575
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.
₽6233
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78115
₽30090
₽94651
₽143152
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
200 000
income
-
-
-
38 984
social contributions
-
-
-
22 800
total
-
-
-
61 784
Employee
62 466
-
-
-
social contributions
5 122
-
730
-
income
13 779
-
-
-
total
18 901
-
730
-
Employer
62 466
-
-
-
social contributions
88 077
-
12 553
-
total
88 077
-
12 553
-
Corporate
49 456
200 000
-
-
income
10 880
44 000
-
-
total
10 880
44 000
-
-
Dividends
38 576
156 000
-
-
income
8 487
34 320
-
-
total
8 487
34 320
-
-
Income
200 000
200 000
200 000
200 000
Total tax
126 345
78 320
13 283
61 784
After tax
73 655
121 680
186 717
138 216
Living cost
43 565
43 565
43 565
43 565
Free-cash
30 090
78 115
143 152
94 651

Estimated living cost  is ₽43565 per week

₽28267
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4097
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.
₽10646
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82108
₽81090
₽74029
₽58866
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
200 000
income
-
-
-
24 817
surtax
-
-
-
-
social contributions

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

-
-
-
69 501
total
-
-
-
94 318
Employee
46 411
-
161 616
-
social contributions
5 105
-
17 777
-
surtax
-
-
-
-
income
9 654
-
53 320
-
total
14 759
-
71 097
-
Employer
46 411
-
161 616
-
social contributions
11 023
-
38 384
-
total
11 023
-
38 384
-
Corporate
142 566
200 000
-
-
surtax
-
-
-
-
income
29 939
41 999
-
-
total
29 939
41 999
-
-
Dividends
112 627
158 001
-
-
withholding
31 536
44 240
-
-
total
31 536
44 240
-
-
Income
200 000
200 000
200 000
200 000
Total tax
87 257
86 239
109 481
94 318
After tax
112 743
113 761
90 519
105 682
Living cost
31 653
31 653
31 653
31 653
Free-cash
81 090
82 108
58 866
74 029

Estimated living cost  is ₽31653 per week

₽23683
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
₽52061
₽58997
₽63043
₽58651
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
200 000
income
-
-
-
33 623
pensions
-
-
-
33 543
other
-
-
-
6 201
health
-
-
-
9 152
surtax
-
-
-
-
social contributions
-
-
-
5 699
total
-
-
-
88 218
Employee
63 203
-
153 732
-
social contributions
1 800
-
4 380
-
surtax
-
-
-
-
income
5 515
-
30 840
-
pensions
7 149
-
11 126
-
total
14 464
-
46 346
-
Employer
63 203
-
153 732
-
other
2 181
-
6 182
-
social contributions
190
-
462
-
unemployment
2 560
-
6 226
-
pensions
10 385
-
18 653
-
health
4 424
-
14 741
-
total
19 740
-
46 264
-
Corporate
117 057
200 000
-
-
surtax
-
-
-
-
income
32 777
56 000
-
-
total
32 777
56 000
-
-
Dividends
84 281
144 000
-
-
surtax
-
-
-
-
social contributions
14 496
24 768
-
-
withholding
10 787
18 432
-
-
total
25 283
43 200
-
-
Income
200 000
200 000
200 000
200 000
Total tax
92 264
99 200
92 610
88 218
After tax
107 736
100 800
107 390
111 782
Living cost
48 739
48 739
48 739
48 739
Free-cash
58 997
52 061
58 651
63 043

Estimated living cost  is ₽48739 per week

₽32986
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.
₽11097
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽149666
₽146277
₽116193
₽121507
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
200 000
income
-
-
-
9 472
social contributions
-
-
-
44 001
total
-
-
-
53 473
Employee
32 442
-
173 160
-
income
-
-
10 063
-
social contributions
2 108
-
11 256
-
total
2 108
-
21 319
-
Employer
32 442
-
173 160
-
social contributions
5 029
-
26 840
-
total
5 029
-
26 840
-
Corporate
162 529
200 000
-
-
income
16 252
20 000
-
-
total
16 252
20 000
-
-
Dividends
146 277
180 000
-
-
total
-
-
-
-
Income
200 000
200 000
200 000
200 000
Total tax
23 389
20 000
48 159
53 473
After tax
176 611
180 000
151 841
146 527
Living cost
30 334
30 334
30 334
30 334
Free-cash
146 277
149 666
121 507
116 193

Estimated living cost  is ₽30334 per week

₽19613
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2286
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
-₽19958
-₽19958
₽68054
-₽19958
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
200 000
municipal
-
-
-
42 320
pensions
-
-
-
875
national
-
-
-
24 201
labour market
-
-
-
15 930
total
-
-
-
83 326
Employee
205 213
205 213
205 213
-
labour market
16 394
16 394
16 394
-
national
25 070
25 070
25 070
-
municipal
43 699
43 699
43 699
-
pensions
292
292
292
-
total
85 455
85 455
85 455
-
Employer
205 213
205 213
205 213
-
labour market
16 417
16 417
16 417
-
municipal
43 769
43 769
43 769
-
pensions
583
583
583
-
national
25 114
25 114
25 114
-
total
85 883
85 883
85 883
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
200 000
200 000
200 000
200 000
Total tax
171 338
171 338
171 338
83 326
After tax
28 662
28 662
28 662
116 674
Living cost
48 620
48 620
48 620
48 620
Free-cash
-19 958
-19 958
-19 958
68 054

Estimated living cost  is ₽48620 per week

₽33276
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.
₽10295
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5545
₽12864
₽114892
₽87709
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
200 000
accident
-
-
-
253
income
-
-
-
56 376
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
63 363
Employee
34 207
-
181 471
-
health
3 917
-
20 778
-
income
4 693
-
43 584
-
pensions
3 852
-
7 654
-
total
12 462
-
72 016
-
Employer
34 207
-
181 471
-
accident
571
-
3 031
-
unemployment
838
-
4 446
-
pensions
5 562
-
11 053
-
total
6 971
-
18 530
-
Corporate
158 822
200 000
-
-
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.

142 940
180 000
-
-
total
142 940
180 000
-
-
Dividends
15 882
20 000
-
-
withholding
3 018
3 800
-
-
total
3 018
3 800
-
-
Income
200 000
200 000
200 000
200 000
Total tax
165 391
183 800
90 546
63 363
After tax
34 609
16 200
109 454
136 637
Living cost
21 745
21 745
21 745
21 745
Free-cash
12 864
-5 545
87 709
114 892

Estimated living cost  is ₽21745 per week

₽15828
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
₽85200
₽88268
₽87024
₽64113
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
200 000
municipal
-
-
-
35 521
health
-
-
-
2 658
national
-
-
-
36 054
total
-
-
-
74 233
Employee
53 092
-
168 250
-
health
396
-
2 170
-
municipal
8 696
-
27 396
-
pensions
3 583
-
11 358
-
unemployment
797
-
2 524
-
national
877
-
21 946
-
total
14 349
-
65 394
-
Employer
53 092
-
168 250
-
accident
54
-
169
-
unemployment
345
-
1 093
-
pensions
9 211
-
29 192
-
health
408
-
1 296
-
total
10 018
-
31 750
-
Corporate
136 891
200 000
-
-
income
27 379
40 000
-
-
total
27 379
40 000
-
-
Dividends

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

82 134
120 000
-
-
national
6 459
14 458
-
-
municipal
14 784
21 599
-
-
total
21 243
36 057
-
-
Income
200 000
200 000
200 000
200 000
Total tax
72 989
76 057
97 144
74 233
After tax
127 011
123 943
102 856
125 767
Living cost
38 743
38 743
38 743
38 743
Free-cash
88 268
85 200
64 113
87 024

Estimated living cost  is ₽38743 per week

₽25307
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.
₽9094
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽122466
₽116975
₽112221
₽110522
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
200 000
income
-
-
-
42 988
health
-
-
-
5 100
social contributions
-
-
-
16 327
total
-
-
-
64 415
Employee
77 596
77 596
187 838
-
social contributions
2 934
6 440
8 686
-
health
601
1 319
3 194
-
income
8 449
7 183
42 072
-
total
11 984
14 942
53 952
-
Employer
77 596
77 596
187 838
-
social contributions
2 934
6 440
8 686
-
health
653
1 436
3 476
-
total
3 587
7 876
12 162
-
Corporate
161 065
114 527
-
-
income
20 132
14 316
-
-
total
20 132
14 316
-
-
Dividends
140 933
100 211
-
-
withholding
23 958
17 036
-
-
total
23 958
17 036
-
-
Income
200 000
200 000
200 000
200 000
Total tax
59 661
54 170
66 114
64 415
After tax
140 339
145 830
133 886
135 585
Living cost
23 364
23 364
23 364
23 364
Free-cash
116 975
122 466
110 522
112 221

Estimated living cost  is ₽23364 per week

₽14002
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.
₽6553
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽149596
₽144463
₽153345
₽133104
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
200 000
income
-
-
-
20 533
pensions
-
-
-
6 419
unemployment
-
-
-
29
health
-
-
-
3 652
total
-
-
-
30 633
Employee

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

23 163
-
190 138
-
health
1 969
-
8 139
-
income
1 584
-
18 032
-
pensions
3 474
-
14 362
-
unemployment
115
-
479
-
total
7 142
-
41 012
-
Employer

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

23 163
-
190 138
-
unemployment
115
-
479
-
pensions
1 273
-
5 266
-
health
996
-
4 117
-
total
2 384
-
9 862
-
Corporate
174 453
200 000
-
-
income
15 701
18 001
-
-
total
15 701
18 001
-
-
Dividends
158 752
181 999
-
-
withholding
14 288
16 381
-
-
total
14 288
16 381
-
-
Income
200 000
200 000
200 000
200 000
Total tax
39 515
34 382
50 874
30 633
After tax
160 485
165 618
149 126
169 367
Living cost
16 022
16 022
16 022
16 022
Free-cash
144 463
149 596
133 104
153 345

Estimated living cost  is ₽16022 per week

₽10222
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
₽105295
₽100839
₽84239
₽80005
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
200 000
accident
-
-
-
843
income
-
-
-
59 950
pensions
-
-
-
26 469
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
88 011
Employee
37 313
-
170 182
-
other
36
-
94
-
income
7 194
-
56 485
-
pensions
1 754
-
4 397
-
unemployment
578
-
1 450
-
total
9 562
-
62 426
-
Employer
37 313
-
170 182
-
accident
739
-
1 852
-
other
299
-
749
-
unemployment
2 053
-
5 144
-
pensions
8 805
-
22 074
-
total
11 896
-
29 819
-
Corporate
150 791
200 000
-
-
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.

22 618
30 000
-
-
total
22 618
30 000
-
-
Dividends
128 173
170 000
-
-
withholding
27 335
36 955
-
-
total
27 335
36 955
-
-
Income
200 000
200 000
200 000
200 000
Total tax
71 411
66 955
92 245
88 011
After tax
128 589
133 045
107 755
111 989
Living cost
27 750
27 750
27 750
27 750
Free-cash
100 839
105 295
80 005
84 239

Estimated living cost  is ₽27750 per week

₽18730
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
₽122044
₽121590
₽125625
₽125428
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
200 000
income
-
-
-
68 151
pensions
-
-
-
2 010
health
-
-
-
1 458
total
-
-
-
71 619
Employee
4 198
-
197 738
-
health
210
-
503
-
income
812
-
68 045
-
pensions
378
-
905
-
unemployment
42
-
101
-
total
1 442
-
69 554
-
Employer
4 198
-
197 738
-
unemployment
84
-
201
-
pensions
462
-
1 106
-
health
399
-
955
-
total
945
-
2 262
-
Corporate
194 858
200 000
-
-
income
42 869
44 000
-
-
total
42 869
44 000
-
-
Dividends
151 989
156 000
-
-
withholding
30 398
31 200
-
-
total
30 398
31 200
-
-
Income
200 000
200 000
200 000
200 000
Total tax
75 654
75 200
71 816
71 619
After tax
124 346
124 800
128 184
128 381
Living cost
2 756
2 756
2 756
2 756
Free-cash
121 590
122 044
125 428
125 625

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
₽127047
₽122082
₽108570
₽108571
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
200 000
income
-
-
-
45 784
pensions
-
-
-
19 392
unemployment
-
-
-
1 119
health
-
-
-
7 682
total
-
-
-
73 977
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
-
186 649
-
health
1 355
-
3 841
-
income
3 628
-
45 784
-
pensions
3 685
-
10 442
-
unemployment
197
-
559
-
total
8 865
-
60 626
-
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
-
186 649
-
unemployment
197
-
559
-
pensions
3 158
-
8 950
-
health
1 355
-
3 841
-
total
4 710
-
13 350
-
Corporate
168 970
200 000
-
-
income
25 346
30 000
-
-
total
25 346
30 000
-
-
Dividends
143 625
170 000
-
-
withholding
21 544
25 500
-
-
total
21 544
25 500
-
-
Income
200 000
200 000
200 000
200 000
Total tax
60 465
55 500
73 976
73 977
After tax
139 535
144 500
126 024
126 023
Living cost
17 453
17 453
17 453
17 453
Free-cash
122 082
127 047
108 571
108 570

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
₽86556
₽86191
₽78477
₽63314
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
200 000
income
-
-
-
24 817
surtax
-
-
-
-
social contributions

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

-
-
-
69 501
total
-
-
-
94 318
Employee
39 166
-
161 616
-
social contributions
4 309
-
17 777
-
surtax
-
-
-
-
income
7 653
-
53 320
-
total
11 962
-
71 097
-
Employer
39 166
-
161 616
-
social contributions
9 301
-
38 384
-
total
9 301
-
38 384
-
Corporate
151 533
200 000
-
-
surtax
-
-
-
-
income
31 821
41 999
-
-
total
31 821
41 999
-
-
Dividends
119 712
158 001
-
-
withholding
33 520
44 240
-
-
total
33 520
44 240
-
-
Income
200 000
200 000
200 000
200 000
Total tax
86 604
86 239
109 481
94 318
After tax
113 396
113 761
90 519
105 682
Living cost
27 205
27 205
27 205
27 205
Free-cash
86 191
86 556
63 314
78 477

Estimated living cost  is ₽27205 per week

₽19269
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
₽97580
₽90978
₽76524
₽72290
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
200 000
accident
-
-
-
843
income
-
-
-
59 950
pensions
-
-
-
26 469
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
88 011
Employee
48 736
-
170 182
-
other
48
-
94
-
income
10 179
-
56 485
-
pensions
2 290
-
4 397
-
unemployment
755
-
1 450
-
total
13 272
-
62 426
-
Employer
48 736
-
170 182
-
accident
965
-
1 852
-
other
391
-
749
-
unemployment
2 681
-
5 144
-
pensions
11 501
-
22 074
-
total
15 538
-
29 819
-
Corporate
135 726
200 000
-
-
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.

20 358
30 000
-
-
total
20 358
30 000
-
-
Dividends
115 368
170 000
-
-
withholding
24 389
36 955
-
-
total
24 389
36 955
-
-
Income
200 000
200 000
200 000
200 000
Total tax
73 557
66 955
92 245
88 011
After tax
126 443
133 045
107 755
111 989
Living cost
35 465
35 465
35 465
35 465
Free-cash
90 978
97 580
72 290
76 524

Estimated living cost  is ₽35465 per week

₽25469
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
₽153629
₽147475
₽143212
₽151293
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
200 000
income
-
-
-
30 000
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
-
-
-
39 417
Employee
23 001
-
193 080
-
health
1 058
-
1 622
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
income
2 300
-
19 308
-
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
-
24 415
-
Employer
23 001
-
193 080
-
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
172 486
200 000
-
-
income
17 249
20 000
-
-
total
17 249
20 000
-
-
Dividends
155 237
180 000
-
-
withholding
7 762
9 000
-
-
total
7 762
9 000
-
-
Income
200 000
200 000
200 000
200 000
Total tax
35 154
29 000
31 336
39 417
After tax
164 846
171 000
168 664
160 583
Living cost
17 371
17 371
17 371
17 371
Free-cash
147 475
153 629
151 293
143 212

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
₽63932
₽77136
₽64355
₽86322
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
200 000
trade
-
-
-
21 967
income

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

-
-
-
64 290
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.

-
-
-
3 535
total
-
-
-
96 686
Employee

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

50 210
-
200 000
-
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
-
3 535
-
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
-
64 290
-
total
11 251
-
74 719
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
149 790
200 000
-
-
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.

1 235
1 651
-
-
income
22 469
30 000
-
-
trade
21 496
28 700
-
-
chamber of commerce
373
446
-
-
total
45 573
60 797
-
-
Dividends
104 217
139 203
-
-
surtax

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

1 411
1 894
-
-
withholding
25 670
34 418
-
-
total
27 081
36 312
-
-
Income
200 000
200 000
200 000
200 000
Total tax
83 905
97 109
74 719
96 686
After tax
116 095
102 891
125 281
103 314
Living cost
38 959
38 959
38 959
38 959
Free-cash
77 136
63 932
86 322
64 355

Estimated living cost  is ₽38959 per week

₽26875
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
₽82516
₽84744
₽45312
₽45312
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
200 000
income
-
-
-
63 321
social contributions
-
-
-
33 883
total
-
-
-
97 204
Employee
78 935
-
200 000
-
income
14 895
-
63 321
-
social contributions
6 558
-
33 883
-
total
21 453
-
97 204
-
Employer
78 935
-
200 000
-
total
-
-
-
-
Corporate
121 065
200 000
-
-
income
15 132
25 000
-
-
total
15 132
25 000
-
-
Dividends
105 932
175 000
-
-
withholding
21 187
35 000
-
-
total
21 187
35 000
-
-
Income
200 000
200 000
200 000
200 000
Total tax
57 772
60 000
97 204
97 204
After tax
142 228
140 000
102 796
102 796
Living cost
57 484
57 484
57 484
57 484
Free-cash
84 744
82 516
45 312
45 312

Estimated living cost  is ₽57484 per week

₽43733
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
₽88038
₽91565
₽126628
₽104215
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
200 000
income
-
-
-
30 000
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
-
-
-
36 741
Employee
46 292
-
195 358
-
income
5 023
-
49 870
-
social contributions
4 638
-
4 642
-
total
9 661
-
54 512
-
Employer
46 292
-
195 358
-
social contributions
4 638
-
4 642
-
total
4 638
-
4 642
-
Corporate
149 070
200 000
-
-
income
52 174
70 000
-
-
total
52 174
70 000
-
-
Dividends
96 896
130 000
-
-
social contributions
5 331
5 331
-
-
total
5 331
5 331
-
-
Income
200 000
200 000
200 000
200 000
Total tax
71 804
75 331
59 154
36 741
After tax
128 196
124 669
140 846
163 259
Living cost
36 631
36 631
36 631
36 631
Free-cash
91 565
88 038
104 215
126 628

Estimated living cost  is ₽36631 per week

₽24129
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.
₽9052
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90970
₽96967
₽93386
₽75402
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
200 000
income
-
-
-
59 458
pensions
-
-
-
9 543
total
-
-
-
69 001
Employee
51 629
-
174 510
-
health
673
-
2 447
-
income
9 402
-
47 469
-
pensions
3 941
-
11 579
-
total
14 016
-
61 495
-
Employer
51 629
-
174 510
-
pensions
5 216
-
22 174
-
health
981
-
3 316
-
total
6 197
-
25 490
-
Corporate
142 174
200 000
-
-
income

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

27 013
38 000
-
-
total
27 013
38 000
-
-
Dividends
115 161
162 000
-
-
withholding
18 194
33 417
-
-
total
18 194
33 417
-
-
Income
200 000
200 000
200 000
200 000
Total tax
65 420
71 417
86 985
69 001
After tax
134 580
128 583
113 015
130 999
Living cost
37 613
37 613
37 613
37 613
Free-cash
96 967
90 970
75 402
93 386

Estimated living cost  is ₽37613 per week

₽25802
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
-₽7698
₽12535
₽112739
₽85556
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
200 000
accident
-
-
-
253
income
-
-
-
56 376
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
63 363
Employee
37 593
-
181 471
-
health
4 304
-
20 778
-
income
5 157
-
43 584
-
pensions
4 233
-
7 654
-
total
13 694
-
72 016
-
Employer
37 593
-
181 471
-
accident
628
-
3 031
-
unemployment
921
-
4 446
-
pensions
6 112
-
11 053
-
total
7 661
-
18 530
-
Corporate
154 746
200 000
-
-
income

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

139 272
180 000
-
-
total
139 272
180 000
-
-
Dividends
15 474
20 000
-
-
withholding
2 940
3 800
-
-
total
2 940
3 800
-
-
Income
200 000
200 000
200 000
200 000
Total tax
163 567
183 800
90 546
63 363
After tax
36 433
16 200
109 454
136 637
Living cost
23 898
23 898
23 898
23 898
Free-cash
12 535
-7 698
85 556
112 739

Estimated living cost  is ₽23898 per week

₽17539
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.
₽4485
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽139369
₽149947
₽108676
₽130868
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
200 000
work injury
-
-
-
807
health insurance
-
-
-
11 943
income
-
-
-
33 311
pensions
-
-
-
29 695
unemployment
-
-
-
1 937
total
-
-
-
77 693
Employee

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

21 810
-
200 000
-
work injury
109
-
403
-
income
2 181
-
33 311
-
pensions
4 013
-
14 848
-
health insurance
1 614
-
5 971
-
unemployment
262
-
968
-
total
8 179
-
55 501
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
178 190
200 000
-
-
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%.

1 782
20 000
-
-
total
1 782
20 000
-
-
Dividends
176 408
180 000
-
-
withholding
26 461
27 000
-
-
total
26 461
27 000
-
-
Income
200 000
200 000
200 000
200 000
Total tax
36 422
47 000
55 501
77 693
After tax
163 578
153 000
144 499
122 307
Living cost
13 631
13 631
13 631
13 631
Free-cash
149 947
139 369
130 868
108 676

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
₽65147
₽60556
₽52103
₽43605
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
200 000
municipal
-
-
-
1 346
regional
-
-
-
4 641
national
-
-
-
51 203
social contributions
-
-
-
50 506
total
-
-
-
107 696
Employee
85 034
-
200 000
-
social contributions
28 673
-
66 215
-
regional
1 284
-
4 128
-
municipal
507
-
1 205
-
national
14 370
-
44 646
-
total
44 834
-
116 194
-
Employer
85 034
-
200 000
-
total
-
-
-
-
Corporate
114 966
200 000
-
-
nationa
27 591
47 999
-
-
municipal
5 542
9 640
-
-
total
33 133
57 639
-
-
Dividends
81 832
142 361
-
-
withholding
21 276
37 013
-
-
total
21 276
37 013
-
-
Income
200 000
200 000
200 000
200 000
Total tax
99 243
94 652
116 194
107 696
After tax
100 757
105 348
83 806
92 304
Living cost
40 201
40 201
40 201
40 201
Free-cash
60 556
65 147
43 605
52 103

Estimated living cost  is ₽40201 per week

₽28238
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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