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
₽ 201000
per

Your estimated
City
free-cash

Dresden , Germany
₽71091
₽95427
₽82113
₽71053
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
201 000
trade
-
-
-
24 336
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.

-
-
-
6 830
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.

-
-
-
64 891
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.

-
-
-
3 569
total
-
-
-
99 626
Employee

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

38 240
-
201 000
-
surtax

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

59
-
3 569
-
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.

1 068
-
64 891
-
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.

6 830
-
6 830
-
total
7 957
-
75 290
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
162 760
201 000
-
-
trade
25 634
31 658
-
-
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.

1 343
1 658
-
-
income
24 414
30 150
-
-
chamber of commerce
385
440
-
-
total
51 776
63 906
-
-
Dividends
110 983
137 094
-
-
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.

1 505
1 865
-
-
withholding
27 366
33 893
-
-
total
28 871
35 758
-
-
Income
201 000
201 000
201 000
201 000
Total tax
88 604
99 664
75 290
99 626
After tax
112 396
101 336
125 710
101 374
Living cost
30 283
30 283
30 283
30 283
Free-cash
82 113
71 053
95 427
71 091

Estimated living cost  is ₽30283 per week

₽19049
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3531
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.
₽7138
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65711
₽66789
₽74136
₽74975
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
201 000
social contributions
-
-
-
2 161
municipal
-
-
-
22 201
national
-
-
-
36 358
pensions
-
-
-
24 120
total
-
-
-
84 840
Employee
78 206
-
173 763
-
pensions
3 128
-
6 951
-
national
14 969
-
38 062
-
municipal
9 660
-
22 980
-
total
27 757
-
67 993
-
Employer
78 206
-
173 763
-
pensions
6 256
-
13 901
-
social contributions
841
-
1 868
-
total
7 097
-
15 769
-
Corporate
110 536
201 000
-
-
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%.

22 107
40 200
-
-
total
22 107
40 200
-
-
Dividends
88 428
160 800
-
-
withholding
19 454
35 376
-
-
total
19 454
35 376
-
-
Income
201 000
201 000
201 000
201 000
Total tax
76 415
75 576
83 762
84 840
After tax
124 585
125 424
117 238
116 160
Living cost
50 449
50 449
50 449
50 449
Free-cash
74 136
74 975
66 789
65 711

Estimated living cost  is ₽50449 per week

₽34290
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4690
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽755
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10715
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50700
₽65332
₽131799
₽140000
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
201 000
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.

-
-
-
38 306
income
-
-
-
39 939
microenterprise
-
-
-
-
surtax
-
-
-
51 255
total
-
-
-
129 500
Employee
29 214
-
155 222
-
income
5 200
-
33 477
-
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.

3 214
-
13 106
-
surtax
-
-
22 507
-
total
8 414
-
69 090
-
Employer
29 214
-
155 222
-
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.

7 037
-
28 704
-
surtax
-
-
17 074
-
total
7 037
-
45 778
-
Corporate
164 749
201 000
-
-
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%.

32 950
40 200
-
-
total
32 950
40 200
-
-
Dividends

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

131 799
160 800
-
-
total
-
-
-
-
Income
201 000
201 000
201 000
201 000
Total tax
48 401
40 200
114 868
129 500
After tax
152 599
160 800
86 132
71 500
Living cost
20 800
20 800
20 800
20 800
Free-cash
131 799
140 000
65 332
50 700

Estimated living cost  is ₽20800 per week

₽13270
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1981
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5077
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67354
₽86399
₽51875
₽58002
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
201 000
health
-
-
-
12 329
income
-
-
-
67 721
pensions
-
-
-
11 714
total
-
-
-
91 764
Employee
85 378
85 378
182 420
-
income

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

13 975
13 975
30 096
-
pensions
15 368
11 714
11 714
-
health
13 105
11 147
12 329
-
total
42 448
36 836
54 139
-
Employer
85 378
85 378
182 420
-
pensions
5 942
5 942
7 386
-
health
5 935
5 935
7 375
-
unemployment
3 074
3 074
3 819
-
total
14 951
14 951
18 580
-
Corporate
101 719
100 672
-
-
income
20 345
20 134
-
-
total
20 345
20 134
-
-
Dividends
81 375
80 538
-
-
withholding
12 207
12 080
-
-
income
17 292
17 115
-
-
total
29 499
29 195
-
-
Income
201 000
201 000
201 000
201 000
Total tax
107 243
101 116
72 719
91 764
After tax
93 757
99 884
128 281
109 236
Living cost
41 882
41 882
41 882
41 882
Free-cash
51 875
58 002
86 399
67 354

Estimated living cost  is ₽41882 per week

₽29681
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3776
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽666
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7760
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62832
₽61899
₽70428
₽71292
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
201 000
other
-
-
-
9 793
unemployment
-
-
-
84
accident
-
-
-
168
municipal
-
-
-
52 658
health
-
-
-
5 259
national
-
-
-
22 642
pensions
-
-
-
9 110
total
-
-
-
99 714
Employee
54 793
-
174 520
-
national
-
-
22 126
-
municipal
16 339
-
52 042
-
total
16 339
-
74 168
-
Employer
54 793
-
174 520
-
pensions
5 923
-
9 110
-
other
6 367
-
9 793
-
accident
110
-
168
-
health
3 370
-
5 183
-
unemployment
1 447
-
2 225
-
total
17 217
-
26 479
-
Corporate
128 991
201 000
-
-
income
28 378
44 220
-
-
total
28 378
44 220
-
-
Dividends
100 613
156 780
-
-
withholding
30 184
47 034
-
-
total
30 184
47 034
-
-
Income
201 000
201 000
201 000
201 000
Total tax
92 118
91 254
100 647
99 714
After tax
108 882
109 746
100 353
101 286
Living cost
38 454
38 454
38 454
38 454
Free-cash
70 428
71 292
61 899
62 832

Estimated living cost  is ₽38454 per week

₽25486
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3773
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.
₽8611
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Stockholm model

Close
Hamburg , Germany
₽61016
₽86434
₽75074
₽61028
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
201 000
trade
-
-
-
25 418
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.

-
-
-
6 830
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.

-
-
-
64 891
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.

-
-
-
3 569
total
-
-
-
100 708
Employee

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

50 701
-
201 000
-
surtax

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

239
-
3 569
-
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.

4 356
-
64 891
-
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.

6 830
-
6 830
-
total
11 425
-
75 290
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
150 299
201 000
-
-
trade
24 723
33 064
-
-
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.

1 241
1 658
-
-
income
22 545
30 150
-
-
chamber of commerce
366
438
-
-
total
48 875
65 310
-
-
Dividends
101 423
135 690
-
-
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.

1 374
1 844
-
-
withholding
24 976
33 542
-
-
total
26 350
35 386
-
-
Income
201 000
201 000
201 000
201 000
Total tax
86 650
100 696
75 290
100 708
After tax
114 350
100 304
125 710
100 292
Living cost
39 276
39 276
39 276
39 276
Free-cash
75 074
61 028
86 434
61 016

Estimated living cost  is ₽39276 per week

₽26268
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4142
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽586
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8280
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽103709
₽102008
₽109975
₽114121
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
201 000
social contributions
-
-
-
16 176
health
-
-
-
5 125
income
-
-
-
43 562
total
-
-
-
64 863
Employee
76 879
76 879
188 899
-
income
8 073
7 117
42 645
-
social contributions
3 736
6 381
8 606
-
health
765
1 307
3 212
-
total
12 574
14 805
54 463
-
Employer
76 879
76 879
188 899
-
health
833
1 423
3 495
-
social contributions
3 736
6 381
8 606
-
total
4 569
7 804
12 101
-
Corporate
151 430
116 318
-
-
income
18 929
14 539
-
-
total
18 929
14 539
-
-
Dividends
132 501
101 779
-
-
withholding
22 525
17 303
-
-
total
22 525
17 303
-
-
Income
201 000
201 000
201 000
201 000
Total tax
58 597
54 451
66 564
64 863
After tax
142 403
146 549
134 436
136 137
Living cost
32 428
32 428
32 428
32 428
Free-cash
109 975
114 121
102 008
103 709

Estimated living cost  is ₽32428 per week

₽22168
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2533
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7183
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽121008
₽98286
₽95005
₽94626
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
201 000
unemployment
-
-
-
3 015
health
-
-
-
14 070
income
-
-
-
24 572
pensions
-
-
-
20 100
total
-
-
-
61 757
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.

26 323
10 476
168 201
-
income
3 218
1 281
20 563
-
pensions
2 632
1 048
16 820
-
unemployment
395
157
2 523
-
health
1 843
733
11 774
-
total
8 088
3 219
51 680
-
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.

26 323
10 476
168 201
-
pensions
5 133
2 043
32 799
-
total
5 133
2 043
32 799
-
Corporate
169 544
188 481
-
-
income
15 259
16 963
-
-
total
15 259
16 963
-
-
Dividends
154 285
171 518
-
-
social contributions
29 966
33 326
-
-
withholding
29 314
32 588
-
-
total
59 280
65 914
-
-
Income
201 000
201 000
201 000
201 000
Total tax
87 760
88 139
84 479
61 757
After tax
113 240
112 861
116 521
139 243
Living cost
18 235
18 235
18 235
18 235
Free-cash
95 005
94 626
98 286
121 008

Estimated living cost  is ₽18235 per week

₽12444
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1492
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽364
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3935
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83588
₽91704
₽130441
₽136652
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
201 000
health
-
-
-
26 129
income
-
-
-
26 934
pensions
-
-
-
40 201
total
-
-
-
93 264
Employee
28 362
-
150 225
-
income
3 193
-
28 964
-
pensions
567
-
3 005
-
unemployment
453
-
2 404
-
total
4 213
-
34 373
-
Employer
28 362
-
150 225
-
pensions
5 673
-
30 045
-
health
3 686
-
19 529
-
unemployment
228
-
1 201
-
total
9 587
-
50 775
-
Corporate
163 051
201 000
-
-
income
32 610
40 200
-
-
total
32 610
40 200
-
-
Dividends
130 440
160 800
-
-
total
-
-
-
-
Income
201 000
201 000
201 000
201 000
Total tax
46 410
40 200
85 148
93 264
After tax
154 590
160 800
115 852
107 736
Living cost
24 148
24 148
24 148
24 148
Free-cash
130 441
136 652
91 704
83 588

Estimated living cost  is ₽24148 per week

₽16563
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1438
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.
₽5661
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽115398
₽88162
₽12920
-₽5633
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
201 000
other
-
-
-
369
accident
-
-
-
252
health
-
-
-
2 172
income
-
-
-
56 750
pensions
-
-
-
4 145
total
-
-
-
63 688
Employee
34 472
-
182 506
-
income
4 729
-
43 933
-
pensions
3 882
-
7 600
-
health
3 947
-
20 897
-
total
12 558
-
72 430
-
Employer
34 472
-
182 506
-
pensions
5 605
-
10 974
-
accident
575
-
3 048
-
unemployment
845
-
4 472
-
total
7 025
-
18 494
-
Corporate
159 503
201 000
-
-
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.

143 552
180 900
-
-
total
143 552
180 900
-
-
Dividends
15 950
20 100
-
-
withholding
3 031
3 819
-
-
total
3 031
3 819
-
-
Income
201 000
201 000
201 000
201 000
Total tax
166 166
184 719
90 924
63 688
After tax
34 834
16 281
110 076
137 312
Living cost
21 914
21 914
21 914
21 914
Free-cash
12 920
-5 633
88 162
115 398

Estimated living cost  is ₽21914 per week

₽16061
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1214
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4182
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽189979
₽151789
₽180250
₽181939
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
201 000
microenterprise

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

-
-
-
2 010
total
-
-
-
2 010
Employee
11 263
-
201 000
-
income
2 252
-
40 200
-
total
2 252
-
40 200
-
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%.

189 737
201 000
-
-
total
-
-
-
-
Dividends
189 737
201 000
-
-
withholding
9 487
10 050
-
-
total
9 487
10 050
-
-
Income
201 000
201 000
201 000
201 000
Total tax
11 739
10 050
40 200
2 010
After tax
189 261
190 950
160 800
198 990
Living cost
9 011
9 011
9 011
9 011
Free-cash
180 250
181 939
151 789
189 979

Estimated living cost  is ₽9011 per week

₽5584
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽749
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽248
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2430
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90541
₽88822
₽114285
₽121033
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
201 000
other
-
-
-
7 221
health
-
-
-
6 690
income
-
-
-
33 419
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.

-
-
-
36 489
total
-
-
-
83 819
Employee
36 301
-
162 603
-
income
6 250
-
32 848
-
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.

2 540
-
10 642
-
unemployment
362
-
1 520
-
health
508
-
2 129
-
total
9 660
-
47 139
-
Employer
36 301
-
162 603
-
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.

6 172
-
25 847
-
other
1 816
-
7 601
-
accident
290
-
1 302
-
health
508
-
2 129
-
unemployment
362
-
1 520
-
total
9 148
-
38 399
-
Corporate
155 550
201 000
-
-
income
32 665
42 211
-
-
total
32 665
42 211
-
-
Dividends
122 885
158 789
-
-
withholding
8 602
11 116
-
-
total
8 602
11 116
-
-
Income
201 000
201 000
201 000
201 000
Total tax
60 075
53 327
85 538
83 819
After tax
140 925
147 673
115 462
117 181
Living cost
26 640
26 640
26 640
26 640
Free-cash
114 285
121 033
88 822
90 541

Estimated living cost  is ₽26640 per week

₽18823
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1799
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽429
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5589
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64232
₽46171
₽69518
₽61735
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
201 000
income
-
-
-
59 977
pensions
-
-
-
9 525
total
-
-
-
69 502
Employee
95 171
-
175 365
-
income
17 156
-
47 936
-
pensions
9 181
-
11 543
-
health
1 568
-
2 450
-
total
27 905
-
61 929
-
Employer
95 171
-
175 365
-
pensions
11 237
-
22 303
-
health
1 807
-
3 331
-
total
13 044
-
25 634
-
Corporate
92 784
201 000
-
-
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.

17 630
38 190
-
-
total
17 630
38 190
-
-
Dividends
75 155
162 810
-
-
withholding
5 637
33 809
-
-
total
5 637
33 809
-
-
Income
201 000
201 000
201 000
201 000
Total tax
64 216
71 999
87 563
69 502
After tax
136 784
129 001
113 437
131 498
Living cost
67 266
67 266
67 266
67 266
Free-cash
69 518
61 735
46 171
64 232

Estimated living cost  is ₽67266 per week

₽50404
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7903
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8413
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽148412
₽156563
₽154099
₽158744
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
201 000
unemployment
-
-
-
140
health
-
-
-
4 017
income
-
-
-
30 150
pensions

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

-
-
-
5 170
total
-
-
-
39 477
Employee
17 361
-
194 147
-
income
1 736
-
19 415
-
pensions

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

1 524
-
3 067
-
health
799
-
1 607
-
accident

We are using the highest rate at 1.1%.

191
-
384
-
total
4 250
-
24 473
-
Employer
17 361
-
194 147
-
pensions

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

1 913
-
3 849
-
accident

We are using the highest rate at 1.1%.

191
-
384
-
health
1 198
-
2 410
-
unemployment
104
-
210
-
total
3 406
-
6 853
-
Corporate
180 232
201 000
-
-
income
18 023
20 100
-
-
total
18 023
20 100
-
-
Dividends
162 209
180 900
-
-
withholding
8 111
9 045
-
-
total
8 111
9 045
-
-
Income
201 000
201 000
201 000
201 000
Total tax
33 790
29 145
31 326
39 477
After tax
167 210
171 855
169 674
161 523
Living cost
13 111
13 111
13 111
13 111
Free-cash
154 099
158 744
156 563
148 412

Estimated living cost  is ₽13111 per week

₽7655
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽936
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽347
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4173
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53796
₽72841
₽46960
₽44444
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
201 000
health
-
-
-
12 329
income
-
-
-
67 721
pensions
-
-
-
11 714
total
-
-
-
91 764
Employee
92 693
85 378
182 420
-
income

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

13 975
13 975
30 096
-
pensions
11 714
11 714
11 714
-
health
11 564
11 147
12 329
-
total
37 253
36 836
54 139
-
Employer
92 693
85 378
182 420
-
pensions
6 451
5 942
7 386
-
health
6 441
5 935
7 375
-
unemployment
3 337
3 074
3 819
-
total
16 229
14 951
18 580
-
Corporate
92 078
100 672
-
-
income
18 415
20 134
-
-
total
18 415
20 134
-
-
Dividends
73 663
80 538
-
-
withholding
11 050
12 080
-
-
income
15 653
17 115
-
-
total
26 703
29 195
-
-
Income
201 000
201 000
201 000
201 000
Total tax
98 600
101 116
72 719
91 764
After tax
102 400
99 884
128 281
109 236
Living cost
55 440
55 440
55 440
55 440
Free-cash
46 960
44 444
72 841
53 796

Estimated living cost  is ₽55440 per week

₽40896
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4952
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽636
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8957
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92933
₽84376
₽105810
₽114375
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
201 000
social contributions
-
-
-
34 554
health
-
-
-
27 135
income
-
-
-
20 897
solidarity contribution
-
-
-
1 468
total
-
-
-
84 054
Employee
35 313
-
157 262
-
income
4 238
-
19 251
-
solidarity contribution
-
-
700
-
social contributions
2 295
-
7 692
-
health
4 767
-
21 230
-
total
11 300
-
48 873
-
Employer
35 313
-
157 262
-
health
3 178
-
14 154
-
social contributions
8 828
-
29 584
-
total
12 006
-
43 738
-
Corporate
153 680
201 000
-
-
income
29 199
38 190
-
-
total
29 199
38 190
-
-
Dividends
124 481
162 810
-
-
withholding
18 672
24 422
-
-
total
18 672
24 422
-
-
Income
201 000
201 000
201 000
201 000
Total tax
71 177
62 612
92 611
84 054
After tax
129 823
138 388
108 389
116 946
Living cost
24 013
24 013
24 013
24 013
Free-cash
105 810
114 375
84 376
92 933

Estimated living cost  is ₽24013 per week

₽16680
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1708
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5153
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brno model

Close
Milan , Italy
₽53183
₽44570
₽59834
₽65053
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
201 000
social contributions
-
-
-
50 039
municipal
-
-
-
1 209
national
-
-
-
51 955
regional
-
-
-
2 427
total
-
-
-
105 630
Employee
88 855
-
201 000
-
national
15 396
-
45 400
-
social contributions
29 962
-
65 602
-
municipal
471
-
1 083
-
regional
838
-
2 158
-
total
46 667
-
114 243
-
Employer
88 855
-
201 000
-
total
-
-
-
-
Corporate
112 145
201 000
-
-
nationa
26 915
48 240
-
-
municipal
4 373
7 840
-
-
total
31 288
56 080
-
-
Dividends
80 857
144 920
-
-
withholding
21 024
37 680
-
-
total
21 024
37 680
-
-
Income
201 000
201 000
201 000
201 000
Total tax
98 979
93 760
114 243
105 630
After tax
102 021
107 240
86 757
95 370
Living cost
42 187
42 187
42 187
42 187
Free-cash
59 834
65 053
44 570
53 183

Estimated living cost  is ₽42187 per week

₽29408
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2766
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽647
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9365
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72724
₽66614
₽101256
₽104367
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
201 000
other
-
-
-
-
unemployment
-
-
-
228
health
-
-
-
9 473
income
-
-
-
60 036
surtax
-
-
-
9 790
pensions
-
-
-
26 687
total
-
-
-
106 214
Employee
33 062
-
172 913
-
income
5 542
-
54 055
-
pensions
2 205
-
8 900
-
unemployment
2 301
-
9 287
-
health
844
-
3 402
-
other
-
-
-
-
surtax
108
-
8 593
-
total
11 000
-
84 237
-
Employer
33 062
-
172 913
-
pensions
4 407
-
17 787
-
other
-
-
-
-
health
1 505
-
6 071
-
unemployment
1 047
-
4 229
-
total
6 959
-
28 087
-
Corporate
160 978
201 000
-
-
income
41 854
52 261
-
-
total
41 854
52 261
-
-
Dividends
119 124
148 739
-
-
withholding
17 869
22 310
-
-
total
17 869
22 310
-
-
Income
201 000
201 000
201 000
201 000
Total tax
77 682
74 571
112 324
106 214
After tax
123 318
126 429
88 676
94 786
Living cost
22 062
22 062
22 062
22 062
Free-cash
101 256
104 367
66 614
72 724

Estimated living cost  is ₽22062 per week

₽13490
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2036
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6028
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85544
₽67483
₽89691
₽83047
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
201 000
income
-
-
-
59 977
pensions
-
-
-
9 525
total
-
-
-
69 502
Employee
63 781
-
175 365
-
income
11 487
-
47 936
-
pensions
5 414
-
11 543
-
health
926
-
2 450
-
total
17 827
-
61 929
-
Employer
63 781
-
175 365
-
pensions
6 904
-
22 303
-
health
1 212
-
3 331
-
total
8 116
-
25 634
-
Corporate
129 103
201 000
-
-
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.

24 530
38 190
-
-
total
24 530
38 190
-
-
Dividends
104 573
162 810
-
-
withholding
14 882
33 809
-
-
total
14 882
33 809
-
-
Income
201 000
201 000
201 000
201 000
Total tax
65 355
71 999
87 563
69 502
After tax
135 645
129 001
113 437
131 498
Living cost
45 954
45 954
45 954
45 954
Free-cash
89 691
83 047
67 483
85 544

Estimated living cost  is ₽45954 per week

₽34429
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3444
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽7600
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽85049
₽76867
₽48674
₽16337
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
201 000
other

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

-
-
-
4 020
health
-
-
-
452
city
-
-
-
2 120
national
-
-
-
4 518
regional
-
-
-
10 775
pensions
-
-
-
18 492
total
-
-
-
40 377
Employee
88 441
-
180 414
-
pensions
7 430
-
14 589
-
national
419
-
3 555
-
unemployment
-
-
-
-
city
949
-
1 945
-
health
200
-
406
-
regional
2 896
-
9 461
-
total
11 894
-
29 956
-
Employer
88 441
-
180 414
-
pensions
7 430
-
14 589
-
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.

1 768
-
3 608
-
health
200
-
406
-
unemployment
-
-
-
-
total
9 398
-
18 603
-
Corporate
102 188
201 000
-
-
regional
21 613
42 512
-
-
national
8 686
17 085
-
-
total
30 299
59 597
-
-
Dividends
71 889
141 403
-
-
withholding
25 161
49 492
-
-
total
25 161
49 492
-
-
Income
201 000
201 000
201 000
201 000
Total tax
76 752
109 089
48 559
40 377
After tax
124 248
91 911
152 441
160 623
Living cost
75 574
75 574
75 574
75 574
Free-cash
48 674
16 337
76 867
85 049

Estimated living cost  is ₽75574 per week

₽49145
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6782
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽928
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18719
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽53410
₽79909
₽69679
₽53469
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
201 000
trade
-
-
-
26 499
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.

-
-
-
6 830
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.

-
-
-
64 891
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.

-
-
-
3 569
total
-
-
-
101 789
Employee

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

60 085
-
201 000
-
surtax

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

389
-
3 569
-
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.

7 065
-
64 891
-
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.

6 830
-
6 830
-
total
14 284
-
75 290
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
140 915
201 000
-
-
trade
24 168
34 472
-
-
surtax

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

1 163
1 658
-
-
income
21 138
30 150
-
-
chamber of commerce
351
434
-
-
total
46 820
66 714
-
-
Dividends
94 095
134 286
-
-
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.

1 273
1 825
-
-
withholding
23 143
33 191
-
-
total
24 416
35 016
-
-
Income
201 000
201 000
201 000
201 000
Total tax
85 520
101 730
75 290
101 789
After tax
115 480
99 270
125 710
99 211
Living cost
45 801
45 801
45 801
45 801
Free-cash
69 679
53 469
79 909
53 410

Estimated living cost  is ₽45801 per week

₽33451
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3664
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽596
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8092
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77857
₽73432
₽73003
₽67100
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
201 000
other
-
-
-
6 231
social contributions
-
-
-
5 726
health
-
-
-
9 276
income
-
-
-
34 236
surtax
-
-
-
-
pensions
-
-
-
33 468
total
-
-
-
88 937
Employee
42 789
-
154 361
-
income
2 525
-
31 094
-
pensions
4 838
-
11 230
-
social contributions
1 220
-
4 398
-
surtax
-
-
-
-
total
8 583
-
46 722
-
Employer
42 789
-
154 361
-
pensions
7 029
-
18 820
-
other
1 476
-
6 233
-
health
2 996
-
14 872
-
unemployment
1 732
-
6 252
-
social contributions
129
-
463
-
total
13 362
-
46 640
-
Corporate
144 848
201 000
-
-
surtax
-
-
-
-
income
40 558
56 281
-
-
total
40 558
56 281
-
-
Dividends
104 290
144 719
-
-
surtax
-
-
-
-
social contributions
17 939
24 890
-
-
withholding
13 349
18 523
-
-
total
31 288
43 413
-
-
Income
201 000
201 000
201 000
201 000
Total tax
93 791
99 694
93 362
88 937
After tax
107 209
101 306
107 638
112 063
Living cost
34 206
34 206
34 206
34 206
Free-cash
73 003
67 100
73 432
77 857

Estimated living cost  is ₽34206 per week

₽21568
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2781
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽582
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9276
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81246
₽76821
₽76043
₽70489
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
201 000
other
-
-
-
6 231
social contributions
-
-
-
5 726
health
-
-
-
9 276
income
-
-
-
34 236
surtax
-
-
-
-
pensions
-
-
-
33 468
total
-
-
-
88 937
Employee
38 195
-
154 361
-
income
1 969
-
31 094
-
pensions
4 320
-
11 230
-
social contributions
1 089
-
4 398
-
surtax
-
-
-
-
total
7 378
-
46 722
-
Employer
38 195
-
154 361
-
pensions
6 276
-
18 820
-
other
1 319
-
6 233
-
health
2 673
-
14 872
-
unemployment
1 546
-
6 252
-
social contributions
114
-
463
-
total
11 928
-
46 640
-
Corporate
150 876
201 000
-
-
surtax
-
-
-
-
income
42 245
56 281
-
-
total
42 245
56 281
-
-
Dividends
108 631
144 719
-
-
surtax
-
-
-
-
social contributions
18 684
24 890
-
-
withholding
13 905
18 523
-
-
total
32 589
43 413
-
-
Income
201 000
201 000
201 000
201 000
Total tax
94 140
99 694
93 362
88 937
After tax
106 860
101 306
107 638
112 063
Living cost
30 817
30 817
30 817
30 817
Free-cash
76 043
70 489
76 821
81 246

Estimated living cost  is ₽30817 per week

₽17872
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3131
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.
₽9230
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽107882
₽103006
₽101946
₽101428
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
201 000
social contributions
-
-
-
27 738
health
-
-
-
14 030
income
-
-
-
30 150
total
-
-
-
71 918
Employee
33 899
-
201 000
-
income
5 654
-
35 026
-
social contributions
4 679
-
27 738
-
health
2 366
-
14 030
-
total
12 699
-
76 794
-
Employer
33 899
-
201 000
-
total
-
-
-
-
Corporate
167 101
201 000
-
-
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%.

8 356
10 050
-
-
total
8 356
10 050
-
-
Dividends
158 746
190 950
-
-
social contributions
21 906
26 351
-
-
health
11 080
13 328
-
-
withholding
23 813
28 643
-
-
total
56 799
68 322
-
-
Income
201 000
201 000
201 000
201 000
Total tax
77 854
78 372
76 794
71 918
After tax
123 146
122 628
124 206
129 082
Living cost
21 200
21 200
21 200
21 200
Free-cash
101 946
101 428
103 006
107 882

Estimated living cost  is ₽21200 per week

₽14188
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1307
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5216
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68003
₽17719
₽74201
₽75749
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
201 000
chamber of commerce
-
-
-
804
unemployment
-
-
-
6 132
health
-
-
-
8 934
income
-
-
-
60 093
surtax
-
-
-
197
pensions
-
-
-
21 608
total
-
-
-
97 768
Employee
49 965
39 843
163 762
-
income
5 688
2 939
49 669
-
pensions
5 117
4 079
11 960
-
unemployment
1 499
1 195
3 504
-
health
1 933
1 542
4 519
-
other
499
398
1 169
-
total
14 736
10 153
70 821
-
Employer
49 965
39 843
163 762
-
pensions
6 271
5 001
14 658
-
other
2 373
1 892
7 379
-
accident
649
518
1 518
-
health
1 888
1 506
4 415
-
payroll
1 499
1 195
4 912
-
chamber of commerce
199
159
655
-
unemployment
1 499
1 195
3 504
-
surtax
197
197
197
-
total
14 575
11 663
37 238
-
Corporate
136 460
149 493
159 968
-
income

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

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

34 115
37 373
39 993
-
total
34 115
37 373
39 993
-
Dividends
102 345
112 120
-
-
withholding
28 144
30 833
-
-
total
28 144
30 833
-
-
Income
201 000
201 000
201 000
201 000
Total tax
91 570
90 022
148 052
97 768
After tax
109 430
110 978
52 948
103 232
Living cost
35 229
35 229
35 229
35 229
Free-cash
74 201
75 749
17 719
68 003

Estimated living cost  is ₽35229 per week

₽23496
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3005
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽579
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8149
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50848
₽32924
₽60914
₽75184
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
201 000
social contributions
-
-
-
24 926
communal

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

-
-
-
10 564
national
-
-
-
78 208
total
-
-
-
113 698
Employee

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

71 515
-
155 680
-
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.

5 364
-
11 676
-
national
21 987
-
57 837
-
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.

622
-
1 355
-
communal

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

3 730
-
8 120
-
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.

3 360
-
7 318
-
total
35 063
-
86 306
-
Employer

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

71 515
-
155 680
-
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.

6 337
-
13 793
-
accident

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

930
-
2 024
-
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.

4 398
-
9 574
-
unemployment

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

1 044
-
2 273
-
surtax
8 109
-
17 652
-
total
20 818
-
45 316
-
Corporate
108 668
201 000
-
-
surtax
434
823
-
-
income
21 733
41 215
-
-
total
22 167
42 038
-
-
Dividends
86 500
158 962
-
-
withholding

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

25 585
47 324
-
-
total
25 585
47 324
-
-
Income
201 000
201 000
201 000
201 000
Total tax
103 633
89 362
131 622
113 698
After tax
97 367
111 638
69 378
87 302
Living cost
36 454
36 454
36 454
36 454
Free-cash
60 914
75 184
32 924
50 848

Estimated living cost  is ₽36454 per week

₽23481
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3187
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.
₽9215
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76415
₽72220
₽90724
₽97572
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
201 000
other
-
-
-
93
unemployment
-
-
-
649
accident
-
-
-
835
income
-
-
-
60 678
pensions
-
-
-
26 224
total
-
-
-
88 479
Employee
49 767
-
171 457
-
income
10 501
-
57 246
-
pensions
2 339
-
4 356
-
unemployment
772
-
1 436
-
other
49
-
93
-
total
13 661
-
63 131
-
Employer
49 767
-
171 457
-
pensions
11 744
-
21 870
-
other
397
-
742
-
accident
985
-
1 835
-
unemployment
2 738
-
5 096
-
total
15 864
-
29 543
-
Corporate
135 370
201 000
-
-
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.

20 305
30 150
-
-
total
20 305
30 150
-
-
Dividends
115 065
170 850
-
-
withholding
24 340
37 172
-
-
total
24 340
37 172
-
-
Income
201 000
201 000
201 000
201 000
Total tax
74 170
67 322
92 674
88 479
After tax
126 830
133 678
108 326
112 521
Living cost
36 106
36 106
36 106
36 106
Free-cash
90 724
97 572
72 220
76 415

Estimated living cost  is ₽36106 per week

₽26588
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2561
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6436
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42260
₽50274
₽47841
₽61339
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
201 000
accident
-
-
-
1 694
health
-
-
-
14 121
income
-
-
-
35 799
communal
-
-
-
12 702
surtax
-
-
-
9 965
pensions
-
-
-
30 127
total
-
-
-
104 408
Employee
75 713
-
179 542
-
income
7 313
-
41 584
-
pensions
6 056
-
14 362
-
health
3 370
-
7 991
-
surtax
4 641
-
11 002
-
total
21 380
-
74 939
-
Employer
75 713
-
179 542
-
pensions
6 056
-
14 362
-
accident
681
-
1 616
-
health
2 309
-
5 477
-
total
9 046
-
21 455
-
Corporate
116 241
201 000
-
-
communal
7 847
13 567
-
-
surtax
1 220
2 110
-
-
income
17 436
30 150
-
-
total
26 503
45 827
-
-
Dividends
89 738
155 173
-
-
withholding
13 461
23 276
-
-
income
28 437
16 226
-
-
total
41 898
39 502
-
-
Income
201 000
201 000
201 000
201 000
Total tax
98 827
85 329
96 394
104 408
After tax
102 173
115 671
104 606
96 592
Living cost
54 332
54 332
54 332
54 332
Free-cash
47 841
61 339
50 274
42 260

Estimated living cost  is ₽54332 per week

₽40757
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3292
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9706
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72330
₽66220
₽100795
₽103973
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
201 000
other
-
-
-
-
unemployment
-
-
-
228
health
-
-
-
9 473
income
-
-
-
60 036
surtax
-
-
-
9 790
pensions
-
-
-
26 687
total
-
-
-
106 214
Employee
33 669
-
172 913
-
income
5 644
-
54 055
-
pensions
2 246
-
8 900
-
unemployment
2 343
-
9 287
-
health
859
-
3 402
-
other
-
-
-
-
surtax
120
-
8 593
-
total
11 212
-
84 237
-
Employer
33 669
-
172 913
-
pensions
4 489
-
17 787
-
other
-
-
-
-
health
1 531
-
6 071
-
unemployment
1 068
-
4 229
-
total
7 088
-
28 087
-
Corporate
160 243
201 000
-
-
income
41 662
52 261
-
-
total
41 662
52 261
-
-
Dividends
118 580
148 739
-
-
withholding
17 787
22 310
-
-
total
17 787
22 310
-
-
Income
201 000
201 000
201 000
201 000
Total tax
77 749
74 571
112 324
106 214
After tax
123 251
126 429
88 676
94 786
Living cost
22 456
22 456
22 456
22 456
Free-cash
100 795
103 973
66 220
72 330

Estimated living cost  is ₽22456 per week

₽13558
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1952
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6426
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67800
₽59235
₽76500
₽78719
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
201 000
social contributions
-
-
-
50 039
municipal
-
-
-
1 209
national
-
-
-
51 955
regional
-
-
-
3 065
total
-
-
-
106 268
Employee
55 460
-
201 000
-
national
8 786
-
45 400
-
social contributions
18 701
-
65 602
-
municipal
294
-
1 083
-
regional
747
-
2 748
-
total
28 528
-
114 833
-
Employer
55 460
-
201 000
-
total
-
-
-
-
Corporate
145 540
201 000
-
-
nationa
34 929
48 240
-
-
municipal
7 232
9 989
-
-
total
42 161
58 229
-
-
Dividends
103 379
142 771
-
-
withholding
26 879
37 120
-
-
total
26 879
37 120
-
-
Income
201 000
201 000
201 000
201 000
Total tax
97 568
95 349
114 833
106 268
After tax
103 432
105 651
86 167
94 732
Living cost
26 932
26 932
26 932
26 932
Free-cash
76 500
78 719
59 235
67 800

Estimated living cost  is ₽26932 per week

₽16749
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2728
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.
₽6993
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87356
₽78799
₽98242
₽108798
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
201 000
social contributions
-
-
-
34 554
health
-
-
-
27 135
income
-
-
-
20 897
solidarity contribution
-
-
-
1 468
total
-
-
-
84 054
Employee
43 515
-
157 262
-
income
5 222
-
19 251
-
solidarity contribution
-
-
700
-
social contributions
2 828
-
7 692
-
health
5 875
-
21 230
-
total
13 925
-
48 873
-
Employer
43 515
-
157 262
-
health
3 916
-
14 154
-
social contributions
10 879
-
29 584
-
total
14 795
-
43 738
-
Corporate
142 690
201 000
-
-
income
27 111
38 190
-
-
total
27 111
38 190
-
-
Dividends
115 579
162 810
-
-
withholding
17 337
24 422
-
-
total
17 337
24 422
-
-
Income
201 000
201 000
201 000
201 000
Total tax
73 168
62 612
92 611
84 054
After tax
127 832
138 388
108 389
116 946
Living cost
29 590
29 590
29 590
29 590
Free-cash
98 242
108 798
78 799
87 356

Estimated living cost  is ₽29590 per week

₽22005
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1639
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5434
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71532
₽21102
₽78692
₽79188
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
201 000
chamber of commerce
-
-
-
804
unemployment
-
-
-
6 132
health
-
-
-
8 934
income
-
-
-
60 093
surtax
-
-
-
-
pensions
-
-
-
21 608
total
-
-
-
97 571
Employee
43 704
39 843
163 944
-
income
3 893
2 939
49 756
-
pensions
4 476
4 079
11 960
-
unemployment
1 311
1 195
3 504
-
health
1 690
1 542
4 519
-
other
436
398
1 169
-
total
11 806
10 153
70 908
-
Employer
43 704
39 843
163 944
-
pensions
5 485
5 001
14 658
-
other
2 076
1 892
7 386
-
accident
567
518
1 518
-
health
1 653
1 506
4 415
-
payroll
1 311
1 195
4 918
-
chamber of commerce
175
159
656
-
unemployment
1 311
1 195
3 504
-
surtax
-
-
-
-
total
12 578
11 466
37 055
-
Corporate
144 719
149 690
160 150
-
income

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

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

36 179
37 422
40 038
-
total
36 179
37 422
40 038
-
Dividends
108 540
112 268
-
-
withholding
29 848
30 874
-
-
total
29 848
30 874
-
-
Income
201 000
201 000
201 000
201 000
Total tax
90 411
89 915
148 001
97 571
After tax
110 589
111 085
52 999
103 429
Living cost
31 897
31 897
31 897
31 897
Free-cash
78 692
79 188
21 102
71 532

Estimated living cost  is ₽31897 per week

₽19134
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3258
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8936
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽184948
₽146758
₽174275
₽176908
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
201 000
microenterprise

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

-
-
-
2 010
total
-
-
-
2 010
Employee
17 552
-
201 000
-
income
3 511
-
40 200
-
total
3 511
-
40 200
-
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%.

183 448
201 000
-
-
total
-
-
-
-
Dividends
183 448
201 000
-
-
withholding
9 172
10 050
-
-
total
9 172
10 050
-
-
Income
201 000
201 000
201 000
201 000
Total tax
12 683
10 050
40 200
2 010
After tax
188 317
190 950
160 800
198 990
Living cost
14 042
14 042
14 042
14 042
Free-cash
174 275
176 908
146 758
184 948

Estimated living cost  is ₽14042 per week

₽9502
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽589
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.
₽3479
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69026
₽64660
₽103208
₽111572
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
201 000
unemployment
-
-
-
302
health
-
-
-
19 779
income
-
-
-
48 370
pensions
-
-
-
36 707
total
-
-
-
105 158
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.

44 211
-
173 920
-
income
7 624
-
44 006
-
pensions
6 853
-
26 958
-
unemployment
63
-
243
-
health
2 855
-
11 236
-
total
17 395
-
82 443
-
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.

44 211
-
173 920
-
pensions
3 912
-
15 393
-
health
2 945
-
11 583
-
unemployment
27
-
104
-
total
6 884
-
27 080
-
Corporate
149 906
201 000
-
-
income
28 482
38 190
-
-
total
28 482
38 190
-
-
Dividends
121 424
162 810
-
-
withholding
18 214
24 422
-
-
total
18 214
24 422
-
-
Income
201 000
201 000
201 000
201 000
Total tax
70 975
62 612
109 523
105 158
After tax
130 025
138 388
91 477
95 842
Living cost
26 816
26 816
26 816
26 816
Free-cash
103 208
111 572
64 660
69 026

Estimated living cost  is ₽26816 per week

₽18404
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.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6176
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95858
₽144826
₽31782
₽79239
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
201 000
social contributions
-
-
-
22 914
income
-
-
-
39 179
total
-
-
-
62 093
Employee
61 727
-
-
-
income
13 616
-
-
-
social contributions
5 062
-
721
-
total
18 678
-
721
-
Employer
61 727
-
-
-
social contributions
87 035
-
12 404
-
total
87 035
-
12 404
-
Corporate
52 238
201 000
-
-
income
11 492
44 220
-
-
total
11 492
44 220
-
-
Dividends
40 746
156 780
-
-
income
8 964
34 492
-
-
total
8 964
34 492
-
-
Income
201 000
201 000
201 000
201 000
Total tax
126 169
78 712
13 125
62 093
After tax
74 831
122 288
187 875
138 907
Living cost
43 049
43 049
43 049
43 049
Free-cash
31 782
79 239
144 826
95 858

Estimated living cost  is ₽43049 per week

₽27932
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4049
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽549
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10520
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74688
₽59448
₽81963
₽82968
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
201 000
social contributions

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

-
-
-
69 848
income
-
-
-
25 104
surtax
-
-
-
-
total
-
-
-
94 952
Employee
45 982
-
162 424
-
income
9 564
-
53 749
-
social contributions
5 058
-
17 867
-
surtax
-
-
-
-
total
14 622
-
71 616
-
Employer
45 982
-
162 424
-
social contributions
10 921
-
38 576
-
total
10 921
-
38 576
-
Corporate
144 097
201 000
-
-
surtax
-
-
-
-
income
30 260
42 211
-
-
total
30 260
42 211
-
-
Dividends
113 837
158 789
-
-
withholding
31 874
44 461
-
-
total
31 874
44 461
-
-
Income
201 000
201 000
201 000
201 000
Total tax
87 677
86 672
110 192
94 952
After tax
113 323
114 328
90 808
106 048
Living cost
31 360
31 360
31 360
31 360
Free-cash
81 963
82 968
59 448
74 688

Estimated living cost  is ₽31360 per week

₽23464
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1850
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5523
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63775
₽59350
₽59887
₽53018
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
201 000
other
-
-
-
6 231
social contributions
-
-
-
5 726
health
-
-
-
9 276
income
-
-
-
34 236
surtax
-
-
-
-
pensions
-
-
-
33 468
total
-
-
-
88 937
Employee
62 618
-
154 361
-
income
5 464
-
31 094
-
pensions
7 083
-
11 230
-
social contributions
1 783
-
4 398
-
surtax
-
-
-
-
total
14 330
-
46 722
-
Employer
62 618
-
154 361
-
pensions
10 289
-
18 820
-
other
2 161
-
6 233
-
health
4 383
-
14 872
-
unemployment
2 537
-
6 252
-
social contributions
188
-
463
-
total
19 558
-
46 640
-
Corporate
118 824
201 000
-
-
surtax
-
-
-
-
income
33 271
56 281
-
-
total
33 271
56 281
-
-
Dividends
85 554
144 719
-
-
surtax
-
-
-
-
social contributions
14 715
24 890
-
-
withholding
10 951
18 523
-
-
total
25 666
43 413
-
-
Income
201 000
201 000
201 000
201 000
Total tax
92 825
99 694
93 362
88 937
After tax
108 175
101 306
107 638
112 063
Living cost
48 288
48 288
48 288
48 288
Free-cash
59 887
53 018
59 350
63 775

Estimated living cost  is ₽48288 per week

₽32681
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3950
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽662
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10995
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽117121
₽122461
₽147489
₽150847
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
201 000
social contributions
-
-
-
44 220
income
-
-
-
9 606
total
-
-
-
53 826
Employee
32 142
-
174 024
-
social contributions
2 089
-
11 312
-
income
-
-
10 200
-
total
2 089
-
21 512
-
Employer
32 142
-
174 024
-
social contributions
4 982
-
26 974
-
total
4 982
-
26 974
-
Corporate
163 876
201 000
-
-
income
16 387
20 100
-
-
total
16 387
20 100
-
-
Dividends
147 489
180 900
-
-
total
-
-
-
-
Income
201 000
201 000
201 000
201 000
Total tax
23 458
20 100
48 486
53 826
After tax
177 542
180 900
152 514
147 174
Living cost
30 053
30 053
30 053
30 053
Free-cash
147 489
150 847
122 461
117 121

Estimated living cost  is ₽30053 per week

₽19432
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2265
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.
₽7790
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68941
-₽16925
-₽16925
-₽16925
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
201 000
municipal
-
-
-
42 606
national
-
-
-
24 404
labour market
-
-
-
16 011
pensions
-
-
-
867
total
-
-
-
83 888
Employee
203 317
203 317
203 317
-
labour market
16 242
16 242
16 242
-
pensions
289
289
289
-
national
24 839
24 839
24 839
-
municipal
43 295
43 295
43 295
-
total
84 665
84 665
84 665
-
Employer
203 317
203 317
203 317
-
pensions
578
578
578
-
municipal
43 364
43 364
43 364
-
national
24 882
24 882
24 882
-
labour market
16 265
16 265
16 265
-
total
85 089
85 089
85 089
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
201 000
201 000
201 000
201 000
Total tax
169 754
169 754
169 754
83 888
After tax
31 246
31 246
31 246
117 112
Living cost
48 171
48 171
48 171
48 171
Free-cash
-16 925
-16 925
-16 925
68 941

Estimated living cost  is ₽48171 per week

₽32969
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4261
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽741
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10200
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽115721
₽88485
₽12970
-₽5310
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
201 000
other
-
-
-
369
accident
-
-
-
252
health
-
-
-
2 172
income
-
-
-
56 750
pensions
-
-
-
4 145
total
-
-
-
63 688
Employee
33 964
-
182 506
-
income
4 659
-
43 933
-
pensions
3 825
-
7 600
-
health
3 889
-
20 897
-
total
12 373
-
72 430
-
Employer
33 964
-
182 506
-
pensions
5 522
-
10 974
-
accident
567
-
3 048
-
unemployment
832
-
4 472
-
total
6 921
-
18 494
-
Corporate
160 114
201 000
-
-
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.

144 103
180 900
-
-
total
144 103
180 900
-
-
Dividends
16 012
20 100
-
-
withholding
3 042
3 819
-
-
total
3 042
3 819
-
-
Income
201 000
201 000
201 000
201 000
Total tax
166 439
184 719
90 924
63 688
After tax
34 561
16 281
110 076
137 312
Living cost
21 591
21 591
21 591
21 591
Free-cash
12 970
-5 310
88 485
115 721

Estimated living cost  is ₽21591 per week

₽15716
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1231
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽405
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4239
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87643
₽64617
₽89109
₽86019
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
201 000
municipal
-
-
-
35 697
health
-
-
-
2 679
national
-
-
-
36 597
total
-
-
-
74 973
Employee
52 601
-
169 093
-
pensions
3 550
-
11 414
-
national
869
-
22 421
-
municipal
8 616
-
27 531
-
unemployment
789
-
2 537
-
health
393
-
2 188
-
total
14 217
-
66 091
-
Employer
52 601
-
169 093
-
pensions
9 126
-
29 338
-
accident
53
-
169
-
health
404
-
1 302
-
unemployment
342
-
1 099
-
total
9 925
-
31 908
-
Corporate
138 475
201 000
-
-
income
27 695
40 200
-
-
total
27 695
40 200
-
-
Dividends

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

83 085
120 600
-
-
municipal
14 954
21 709
-
-
national
6 716
14 688
-
-
total
21 670
36 397
-
-
Income
201 000
201 000
201 000
201 000
Total tax
73 507
76 597
97 999
74 973
After tax
127 493
124 403
103 001
126 027
Living cost
38 384
38 384
38 384
38 384
Free-cash
89 109
86 019
64 617
87 643

Estimated living cost  is ₽38384 per week

₽25073
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3692
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽611
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9010
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽112989
₽111288
₽117961
₽123401
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
201 000
social contributions
-
-
-
16 176
health
-
-
-
5 125
income
-
-
-
43 562
total
-
-
-
64 863
Employee
76 879
76 879
188 899
-
income
8 371
7 117
42 645
-
social contributions
2 907
6 381
8 606
-
health
596
1 307
3 212
-
total
11 874
14 805
54 463
-
Employer
76 879
76 879
188 899
-
health
647
1 423
3 495
-
social contributions
2 907
6 381
8 606
-
total
3 554
7 804
12 101
-
Corporate
162 425
116 318
-
-
income
20 303
14 539
-
-
total
20 303
14 539
-
-
Dividends
142 123
101 779
-
-
withholding
24 160
17 303
-
-
total
24 160
17 303
-
-
Income
201 000
201 000
201 000
201 000
Total tax
59 891
54 451
66 564
64 863
After tax
141 109
146 549
134 436
136 137
Living cost
23 148
23 148
23 148
23 148
Free-cash
117 961
123 401
111 288
112 989

Estimated living cost  is ₽23148 per week

₽13873
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2271
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6492
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽154464
₽134410
₽145487
₽150572
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
201 000
unemployment
-
-
-
28
health
-
-
-
3 618
income
-
-
-
20 656
pensions
-
-
-
6 360
total
-
-
-
30 662
Employee

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

22 948
-
191 229
-
income
1 569
-
18 178
-
pensions
3 442
-
14 230
-
unemployment
114
-
474
-
health
1 950
-
8 063
-
total
7 075
-
40 945
-
Employer

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

22 948
-
191 229
-
pensions
1 262
-
5 218
-
health
987
-
4 079
-
unemployment
114
-
474
-
total
2 363
-
9 771
-
Corporate
175 689
201 000
-
-
income
15 812
18 091
-
-
total
15 812
18 091
-
-
Dividends
159 877
182 909
-
-
withholding
14 389
16 463
-
-
total
14 389
16 463
-
-
Income
201 000
201 000
201 000
201 000
Total tax
39 639
34 554
50 716
30 662
After tax
161 361
166 446
150 284
170 338
Living cost
15 874
15 874
15 874
15 874
Free-cash
145 487
150 572
134 410
154 464

Estimated living cost  is ₽15874 per week

₽10128
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1144
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4128
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85028
₽80833
₽101769
₽106185
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
201 000
other
-
-
-
93
unemployment
-
-
-
649
accident
-
-
-
835
income
-
-
-
60 678
pensions
-
-
-
26 224
total
-
-
-
88 479
Employee
36 968
-
171 457
-
income
7 127
-
57 246
-
pensions
1 738
-
4 356
-
unemployment
573
-
1 436
-
other
36
-
93
-
total
9 474
-
63 131
-
Employer
36 968
-
171 457
-
pensions
8 724
-
21 870
-
other
296
-
742
-
accident
732
-
1 835
-
unemployment
2 034
-
5 096
-
total
11 786
-
29 543
-
Corporate
152 246
201 000
-
-
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.

22 838
30 150
-
-
total
22 838
30 150
-
-
Dividends
129 409
170 850
-
-
withholding
27 640
37 172
-
-
total
27 640
37 172
-
-
Income
201 000
201 000
201 000
201 000
Total tax
71 738
67 322
92 674
88 479
After tax
129 262
133 678
108 326
112 521
Living cost
27 493
27 493
27 493
27 493
Free-cash
101 769
106 185
80 833
85 028

Estimated living cost  is ₽27493 per week

₽18557
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2643
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽482
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5811
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽126304
₽126108
₽122236
₽122686
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
201 000
health
-
-
-
1 448
income
-
-
-
68 513
pensions
-
-
-
1 997
total
-
-
-
71 958
Employee
4 171
-
198 753
-
income
807
-
68 408
-
pensions
375
-
899
-
unemployment
42
-
100
-
health
209
-
499
-
total
1 433
-
69 906
-
Employer
4 171
-
198 753
-
pensions
459
-
1 099
-
health
396
-
949
-
unemployment
83
-
200
-
total
938
-
2 248
-
Corporate
195 891
201 000
-
-
income
43 096
44 220
-
-
total
43 096
44 220
-
-
Dividends
152 795
156 780
-
-
withholding
30 559
31 356
-
-
total
30 559
31 356
-
-
Income
201 000
201 000
201 000
201 000
Total tax
76 026
75 576
72 154
71 958
After tax
124 974
125 424
128 846
129 042
Living cost
2 738
2 738
2 738
2 738
Free-cash
122 236
122 686
126 108
126 304

Estimated living cost  is ₽2738 per week

₽1627
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽222
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.
₽826
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽109700
₽109700
₽123009
₽127930
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
201 000
unemployment
-
-
-
1 108
health
-
-
-
7 612
income
-
-
-
46 073
pensions
-
-
-
19 214
total
-
-
-
74 007
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.

26 076
-
187 772
-
income
3 594
-
46 073
-
pensions
3 651
-
10 346
-
unemployment
196
-
554
-
health
1 343
-
3 806
-
total
8 784
-
60 779
-
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.

26 076
-
187 772
-
pensions
3 129
-
8 868
-
health
1 343
-
3 806
-
unemployment
196
-
554
-
total
4 668
-
13 228
-
Corporate
170 256
201 000
-
-
income
25 538
30 150
-
-
total
25 538
30 150
-
-
Dividends
144 718
170 850
-
-
withholding
21 708
25 627
-
-
total
21 708
25 627
-
-
Income
201 000
201 000
201 000
201 000
Total tax
60 698
55 777
74 007
74 007
After tax
140 302
145 223
126 993
126 993
Living cost
17 293
17 293
17 293
17 293
Free-cash
123 009
127 930
109 700
109 700

Estimated living cost  is ₽17293 per week

₽11643
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1338
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽3811
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79094
₽63854
₽87014
₽87374
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
201 000
social contributions

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

-
-
-
69 848
income
-
-
-
25 104
surtax
-
-
-
-
total
-
-
-
94 952
Employee
38 804
-
162 424
-
income
7 582
-
53 749
-
social contributions
4 269
-
17 867
-
surtax
-
-
-
-
total
11 851
-
71 616
-
Employer
38 804
-
162 424
-
social contributions
9 215
-
38 576
-
total
9 215
-
38 576
-
Corporate
152 981
201 000
-
-
surtax
-
-
-
-
income
32 127
42 211
-
-
total
32 127
42 211
-
-
Dividends
120 854
158 789
-
-
withholding
33 840
44 461
-
-
total
33 840
44 461
-
-
Income
201 000
201 000
201 000
201 000
Total tax
87 033
86 672
110 192
94 952
After tax
113 967
114 328
90 808
106 048
Living cost
26 954
26 954
26 954
26 954
Free-cash
87 014
87 374
63 854
79 094

Estimated living cost  is ₽26954 per week

₽19090
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1873
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5513
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77384
₽73189
₽91999
₽98541
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
201 000
other
-
-
-
93
unemployment
-
-
-
649
accident
-
-
-
835
income
-
-
-
60 678
pensions
-
-
-
26 224
total
-
-
-
88 479
Employee
48 285
-
171 457
-
income
10 085
-
57 246
-
pensions
2 269
-
4 356
-
unemployment
748
-
1 436
-
other
47
-
93
-
total
13 149
-
63 131
-
Employer
48 285
-
171 457
-
pensions
11 395
-
21 870
-
other
387
-
742
-
accident
956
-
1 835
-
unemployment
2 656
-
5 096
-
total
15 394
-
29 543
-
Corporate
137 320
201 000
-
-
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.

20 599
30 150
-
-
total
20 599
30 150
-
-
Dividends
116 722
170 850
-
-
withholding
24 722
37 172
-
-
total
24 722
37 172
-
-
Income
201 000
201 000
201 000
201 000
Total tax
73 864
67 322
92 674
88 479
After tax
127 136
133 678
108 326
112 521
Living cost
35 137
35 137
35 137
35 137
Free-cash
91 999
98 541
73 189
77 384

Estimated living cost  is ₽35137 per week

₽25234
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2732
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6677
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽144320
₽152471
₽148558
₽154652
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
201 000
unemployment
-
-
-
140
health
-
-
-
4 017
income
-
-
-
30 150
pensions

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

-
-
-
5 170
total
-
-
-
39 477
Employee
22 779
-
194 147
-
income
2 278
-
19 415
-
pensions

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

2 000
-
3 067
-
health
1 048
-
1 607
-
accident

We are using the highest rate at 1.1%.

250
-
384
-
total
5 576
-
24 473
-
Employer
22 779
-
194 147
-
pensions

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

2 510
-
3 849
-
accident

We are using the highest rate at 1.1%.

250
-
384
-
health
1 572
-
2 410
-
unemployment
137
-
210
-
total
4 469
-
6 853
-
Corporate
173 752
201 000
-
-
income
17 375
20 100
-
-
total
17 375
20 100
-
-
Dividends
156 377
180 900
-
-
withholding
7 819
9 045
-
-
total
7 819
9 045
-
-
Income
201 000
201 000
201 000
201 000
Total tax
35 239
29 145
31 326
39 477
After tax
165 761
171 855
169 674
161 523
Living cost
17 203
17 203
17 203
17 203
Free-cash
148 558
154 652
152 471
144 320

Estimated living cost  is ₽17203 per week

₽11378
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽985
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽410
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4430
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64937
₽87111
₽77882
₽64805
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
201 000
trade
-
-
-
22 174
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.

-
-
-
6 830
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.

-
-
-
64 891
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.

-
-
-
3 569
total
-
-
-
97 464
Employee

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

49 746
-
201 000
-
surtax

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

226
-
3 569
-
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.

4 091
-
64 891
-
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.

6 830
-
6 830
-
total
11 147
-
75 290
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
151 254
201 000
-
-
trade
21 705
28 844
-
-
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.

1 248
1 658
-
-
income
22 688
30 150
-
-
chamber of commerce
374
446
-
-
total
46 015
61 098
-
-
Dividends
105 240
139 902
-
-
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.

1 427
1 903
-
-
withholding
25 930
34 595
-
-
total
27 357
36 498
-
-
Income
201 000
201 000
201 000
201 000
Total tax
84 519
97 596
75 290
97 464
After tax
116 481
103 404
125 710
103 536
Living cost
38 599
38 599
38 599
38 599
Free-cash
77 882
64 805
87 111
64 937

Estimated living cost  is ₽38599 per week

₽26626
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4153
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽560
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7259
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46063
₽46063
₽85956
₽83746
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
201 000
social contributions
-
-
-
34 111
income
-
-
-
63 874
total
-
-
-
97 985
Employee
78 205
-
201 000
-
social contributions
6 497
-
34 111
-
income
14 757
-
63 874
-
total
21 254
-
97 985
-
Employer
78 205
-
201 000
-
total
-
-
-
-
Corporate
122 795
201 000
-
-
income
15 349
25 126
-
-
total
15 349
25 126
-
-
Dividends
107 446
175 874
-
-
withholding
21 489
35 176
-
-
total
21 489
35 176
-
-
Income
201 000
201 000
201 000
201 000
Total tax
58 092
60 302
97 985
97 985
After tax
142 908
140 698
103 015
103 015
Living cost
56 952
56 952
56 952
56 952
Free-cash
85 956
83 746
46 063
46 063

Estimated living cost  is ₽56952 per week

₽43328
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4641
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8439
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

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
₽127881
₽105103
₽92570
₽89077
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
201 000
health

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

-
-
-
6 677
income
-
-
-
30 150
total
-
-
-
36 827
Employee
45 864
-
196 401
-
social contributions
4 595
-
4 599
-
income
4 977
-
50 407
-
total
9 572
-
55 006
-
Employer
45 864
-
196 401
-
social contributions
4 595
-
4 599
-
total
4 595
-
4 599
-
Corporate
150 541
201 000
-
-
income
52 689
70 349
-
-
total
52 689
70 349
-
-
Dividends
97 851
130 651
-
-
social contributions
5 282
5 282
-
-
total
5 282
5 282
-
-
Income
201 000
201 000
201 000
201 000
Total tax
72 138
75 631
59 605
36 827
After tax
128 862
125 369
141 395
164 173
Living cost
36 292
36 292
36 292
36 292
Free-cash
92 570
89 077
105 103
127 881

Estimated living cost  is ₽36292 per week

₽23906
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2861
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8968
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94139
₽76078
₽97597
₽91642
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
201 000
income
-
-
-
59 977
pensions
-
-
-
9 525
total
-
-
-
69 502
Employee
51 281
-
175 365
-
income
9 339
-
47 936
-
pensions
3 914
-
11 543
-
health
669
-
2 450
-
total
13 922
-
61 929
-
Employer
51 281
-
175 365
-
pensions
5 181
-
22 303
-
health
975
-
3 331
-
total
6 156
-
25 634
-
Corporate
143 563
201 000
-
-
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.

27 276
38 190
-
-
total
27 276
38 190
-
-
Dividends
116 287
162 810
-
-
withholding
18 690
33 809
-
-
total
18 690
33 809
-
-
Income
201 000
201 000
201 000
201 000
Total tax
66 044
71 999
87 563
69 502
After tax
134 956
129 001
113 437
131 498
Living cost
37 359
37 359
37 359
37 359
Free-cash
97 597
91 642
76 078
94 139

Estimated living cost  is ₽37359 per week

₽25628
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3436
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽467
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7826
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽113584
₽86348
₽12642
-₽7447
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
201 000
other
-
-
-
369
accident
-
-
-
252
health
-
-
-
2 172
income
-
-
-
56 750
pensions
-
-
-
4 145
total
-
-
-
63 688
Employee
37 326
-
182 506
-
income
5 121
-
43 933
-
pensions
4 203
-
7 600
-
health
4 274
-
20 897
-
total
13 598
-
72 430
-
Employer
37 326
-
182 506
-
pensions
6 069
-
10 974
-
accident
623
-
3 048
-
unemployment
914
-
4 472
-
total
7 606
-
18 494
-
Corporate
156 068
201 000
-
-
income

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

140 461
180 900
-
-
total
140 461
180 900
-
-
Dividends
15 607
20 100
-
-
withholding
2 965
3 819
-
-
total
2 965
3 819
-
-
Income
201 000
201 000
201 000
201 000
Total tax
164 630
184 719
90 924
63 688
After tax
36 370
16 281
110 076
137 312
Living cost
23 728
23 728
23 728
23 728
Free-cash
12 642
-7 447
86 348
113 584

Estimated living cost  is ₽23728 per week

₽17414
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1383
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4454
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽110026
₽132003
₽150964
₽140264
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
201 000
work injury
-
-
-
799
unemployment
-
-
-
1 918
income
-
-
-
33 517
health insurance
-
-
-
11 828
pensions
-
-
-
29 411
total
-
-
-
77 473
Employee

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

21 601
-
201 000
-
income
2 160
-
33 517
-
work injury
108
-
400
-
pensions
3 975
-
14 706
-
unemployment
259
-
959
-
health insurance
1 598
-
5 914
-
total
8 100
-
55 496
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
179 399
201 000
-
-
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%.

1 794
20 100
-
-
total
1 794
20 100
-
-
Dividends
177 605
180 900
-
-
withholding
26 641
27 135
-
-
total
26 641
27 135
-
-
Income
201 000
201 000
201 000
201 000
Total tax
36 535
47 235
55 496
77 473
After tax
164 465
153 765
145 504
123 527
Living cost
13 501
13 501
13 501
13 501
Free-cash
150 964
140 264
132 003
110 026

Estimated living cost  is ₽13501 per week

₽8364
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽981
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽421
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3735
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53126
₽44768
₽61497
₽66045
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
201 000
social contributions
-
-
-
50 039
municipal
-
-
-
1 358
national
-
-
-
51 955
regional
-
-
-
4 693
total
-
-
-
108 045
Employee
84 248
-
201 000
-
national
14 237
-
45 400
-
social contributions
28 408
-
65 602
-
municipal
503
-
1 218
-
regional
1 272
-
4 183
-
total
44 420
-
116 403
-
Employer
84 248
-
201 000
-
total
-
-
-
-
Corporate
116 752
201 000
-
-
nationa
28 021
48 240
-
-
municipal
5 627
9 688
-
-
total
33 648
57 928
-
-
Dividends
83 104
143 072
-
-
withholding
21 606
37 198
-
-
total
21 606
37 198
-
-
Income
201 000
201 000
201 000
201 000
Total tax
99 674
95 126
116 403
108 045
After tax
101 326
105 874
84 597
92 955
Living cost
39 829
39 829
39 829
39 829
Free-cash
61 497
66 045
44 768
53 126

Estimated living cost  is ₽39829 per week

₽27977
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2740
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.
₽8509
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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