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
₽ 202000
per

Your estimated
City
free-cash

Dresden , Germany
₽71109
₽82332
₽71353
₽95738
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
202 000
trade
-
-
-
24 385
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.

-
-
-
65 020
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.

-
-
-
6 932
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.

-
-
-
3 576
total
-
-
-
99 913
Employee

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

38 810
-
202 000
-
health

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

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

6 932
-
6 932
-
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.

60
-
3 576
-
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.

1 084
-
65 020
-
total
8 076
-
75 528
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
163 190
202 000
-
-
surtax

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

1 346
1 666
-
-
income
24 478
30 301
-
-
trade
25 702
31 814
-
-
chamber of commerce
389
445
-
-
total
51 915
64 226
-
-
Dividends
111 275
137 775
-
-
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.

1 510
1 874
-
-
withholding
27 433
34 057
-
-
total
28 943
35 931
-
-
Income
202 000
202 000
202 000
202 000
Total tax
88 934
100 157
75 528
99 913
After tax
113 066
101 843
126 472
102 087
Living cost
30 734
30 734
30 734
30 734
Free-cash
82 332
71 109
95 738
71 353

Estimated living cost  is ₽30734 per week

₽19333
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3583
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7244
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74922
₽74073
₽65749
₽66834
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
202 000
municipal
-
-
-
22 301
pensions
-
-
-
24 240
national
-
-
-
36 412
social contributions
-
-
-
2 172
total
-
-
-
85 125
Employee
79 255
-
174 627
-
municipal
9 789
-
23 083
-
pensions
3 170
-
6 985
-
national
15 169
-
38 125
-
total
28 128
-
68 193
-
Employer
79 255
-
174 627
-
social contributions
852
-
1 877
-
pensions
6 340
-
13 970
-
total
7 192
-
15 847
-
Corporate
110 322
202 000
-
-
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%.

22 064
40 400
-
-
total
22 064
40 400
-
-
Dividends
88 258
161 600
-
-
withholding
19 417
35 552
-
-
total
19 417
35 552
-
-
Income
202 000
202 000
202 000
202 000
Total tax
76 801
75 952
84 040
85 125
After tax
125 199
126 048
117 960
116 875
Living cost
51 126
51 126
51 126
51 126
Free-cash
74 073
74 922
66 834
65 749

Estimated living cost  is ₽51126 per week

₽34750
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4753
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽765
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10858
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽140490
₽132165
₽50595
₽65331
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
202 000
microenterprise
-
-
-
-
income
-
-
-
39 907
surtax
-
-
-
51 511
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.

-
-
-
38 877
total
-
-
-
130 295
Employee
29 650
-
155 737
-
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.

3 262
-
13 302
-
surtax
-
-
22 581
-
income
5 278
-
33 412
-
total
8 540
-
69 295
-
Employer
29 650
-
155 737
-
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.

7 142
-
29 132
-
surtax
-
-
17 132
-
total
7 142
-
46 264
-
Corporate
165 208
202 000
-
-
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%.

33 043
40 400
-
-
total
33 043
40 400
-
-
Dividends

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

132 166
161 600
-
-
total
-
-
-
-
Income
202 000
202 000
202 000
202 000
Total tax
48 725
40 400
115 559
130 295
After tax
153 275
161 600
86 441
71 705
Living cost
21 110
21 110
21 110
21 110
Free-cash
132 165
140 490
65 331
50 595

Estimated living cost  is ₽21110 per week

₽13467
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2010
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽479
Clothing and shoes. We estimate one pair of shoes and 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 Riga model

Close
Rotterdam , Netherlands
₽57850
₽51634
₽67395
₽86223
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
202 000
income
-
-
-
67 698
pensions
-
-
-
11 888
health
-
-
-
12 512
total
-
-
-
92 098
Employee
86 650
86 650
183 143
-
health
13 300
11 313
12 512
-
income

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

14 183
14 183
30 013
-
pensions
15 597
11 888
11 888
-
total
43 080
37 384
54 413
-
Employer
86 650
86 650
183 143
-
unemployment
3 119
3 119
3 876
-
pensions
6 031
6 031
7 496
-
health
6 023
6 023
7 485
-
total
15 173
15 173
18 857
-
Corporate
101 239
100 177
-
-
income
20 247
20 035
-
-
total
20 247
20 035
-
-
Dividends
80 992
80 141
-
-
income
17 211
17 030
-
-
withholding
12 148
12 021
-
-
total
29 359
29 051
-
-
Income
202 000
202 000
202 000
202 000
Total tax
107 859
101 643
73 270
92 098
After tax
94 141
100 357
128 730
109 902
Living cost
42 507
42 507
42 507
42 507
Free-cash
51 634
57 850
86 223
67 395

Estimated living cost  is ₽42507 per week

₽30123
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3832
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽676
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7876
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71187
₽70310
₽62809
₽61860
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
202 000
municipal
-
-
-
52 832
accident
-
-
-
171
pensions
-
-
-
9 265
other
-
-
-
9 959
unemployment
-
-
-
86
health
-
-
-
5 348
national
-
-
-
22 425
total
-
-
-
100 086
Employee
55 722
-
175 071
-
municipal
16 616
-
52 206
-
national
-
-
21 900
-
total
16 616
-
74 106
-
Employer
55 722
-
175 071
-
accident
111
-
171
-
other
6 475
-
9 959
-
unemployment
1 471
-
2 263
-
pensions
6 023
-
9 265
-
health
3 427
-
5 271
-
total
17 507
-
26 929
-
Corporate
128 771
202 000
-
-
income
28 330
44 440
-
-
total
28 330
44 440
-
-
Dividends
100 441
157 560
-
-
withholding
30 132
47 268
-
-
total
30 132
47 268
-
-
Income
202 000
202 000
202 000
202 000
Total tax
92 585
91 708
101 035
100 086
After tax
109 415
110 292
100 965
101 914
Living cost
39 105
39 105
39 105
39 105
Free-cash
70 310
71 187
61 860
62 809

Estimated living cost  is ₽39105 per week

₽25918
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3837
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽594
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8757
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60943
₽75201
₽61142
₽86611
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
202 000
trade
-
-
-
25 469
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.

-
-
-
65 020
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.

-
-
-
6 932
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.

-
-
-
3 576
total
-
-
-
100 997
Employee

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

51 457
-
202 000
-
health

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

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

6 932
-
6 932
-
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.

243
-
3 576
-
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.

4 421
-
65 020
-
total
11 596
-
75 528
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
150 543
202 000
-
-
surtax

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

1 242
1 666
-
-
income
22 581
30 301
-
-
trade
24 765
33 229
-
-
chamber of commerce
368
441
-
-
total
48 956
65 637
-
-
Dividends
101 588
136 364
-
-
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.

1 375
1 854
-
-
withholding
25 011
33 705
-
-
total
26 386
35 559
-
-
Income
202 000
202 000
202 000
202 000
Total tax
86 938
101 196
75 528
100 997
After tax
115 062
100 804
126 472
101 003
Living cost
39 861
39 861
39 861
39 861
Free-cash
75 201
60 943
86 611
61 142

Estimated living cost  is ₽39861 per week

₽26659
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4203
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽595
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8403
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽114373
₽110168
₽103992
₽102279
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
202 000
income
-
-
-
43 529
health
-
-
-
5 151
social contributions
-
-
-
16 417
total
-
-
-
65 097
Employee
78 025
78 025
189 755
-
social contributions
3 791
6 476
8 734
-
health
776
1 327
3 225
-
income
8 193
7 223
42 607
-
total
12 760
15 026
54 566
-
Employer
78 025
78 025
189 755
-
social contributions
3 791
6 476
8 734
-
health
845
1 444
3 510
-
total
4 636
7 920
12 244
-
Corporate
151 691
116 056
-
-
income
18 961
14 507
-
-
total
18 961
14 507
-
-
Dividends
132 730
101 549
-
-
withholding
22 564
17 263
-
-
total
22 564
17 263
-
-
Income
202 000
202 000
202 000
202 000
Total tax
58 921
54 716
66 810
65 097
After tax
143 079
147 284
135 190
136 903
Living cost
32 911
32 911
32 911
32 911
Free-cash
110 168
114 373
102 279
103 992

Estimated living cost  is ₽32911 per week

₽22498
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2571
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7290
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94949
₽95334
₽121460
₽98624
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
202 000
income
-
-
-
24 694
pensions
-
-
-
20 200
unemployment
-
-
-
3 030
health
-
-
-
14 140
total
-
-
-
62 064
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.

26 671
10 615
169 038
-
health
1 867
743
11 833
-
income
3 260
1 298
20 665
-
pensions
2 667
1 061
16 904
-
unemployment
400
159
2 536
-
total
8 194
3 261
51 938
-
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.

26 671
10 615
169 038
-
pensions
5 201
2 070
32 962
-
total
5 201
2 070
32 962
-
Corporate
170 129
189 316
-
-
income
15 312
17 038
-
-
total
15 312
17 038
-
-
Dividends
154 817
172 277
-
-
social contributions
30 068
33 473
-
-
withholding
29 415
32 733
-
-
total
59 483
66 206
-
-
Income
202 000
202 000
202 000
202 000
Total tax
88 190
88 575
84 900
62 064
After tax
113 810
113 425
117 100
139 936
Living cost
18 476
18 476
18 476
18 476
Free-cash
95 334
94 949
98 624
121 460

Estimated living cost  is ₽18476 per week

₽12608
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1512
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽369
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3987
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽137092
₽130788
₽83763
₽91924
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
202 000
income
-
-
-
27 068
pensions
-
-
-
40 400
health
-
-
-
26 261
total
-
-
-
93 729
Employee
28 785
-
150 971
-
income
3 241
-
29 107
-
pensions
576
-
3 019
-
unemployment
460
-
2 415
-
total
4 277
-
34 541
-
Employer
28 785
-
150 971
-
unemployment
231
-
1 207
-
pensions
5 757
-
30 195
-
health
3 741
-
19 625
-
total
9 729
-
51 027
-
Corporate
163 485
202 000
-
-
income
32 698
40 400
-
-
total
32 698
40 400
-
-
Dividends
130 787
161 600
-
-
total
-
-
-
-
Income
202 000
202 000
202 000
202 000
Total tax
46 704
40 400
85 568
93 729
After tax
155 296
161 600
116 432
108 271
Living cost
24 508
24 508
24 508
24 508
Free-cash
130 788
137 092
91 924
83 763

Estimated living cost  is ₽24508 per week

₽16810
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1460
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽493
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5746
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5742
₽12973
₽115894
₽88496
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
202 000
accident
-
-
-
254
income
-
-
-
57 004
pensions
-
-
-
4 181
other
-
-
-
372
health
-
-
-
2 191
total
-
-
-
64 002
Employee
34 771
-
183 375
-
health
3 981
-
20 997
-
income
4 770
-
44 112
-
pensions
3 915
-
7 666
-
total
12 666
-
72 775
-
Employer
34 771
-
183 375
-
accident
580
-
3 062
-
unemployment
852
-
4 493
-
pensions
5 654
-
11 070
-
total
7 086
-
18 625
-
Corporate
160 142
202 000
-
-
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.

144 128
181 800
-
-
total
144 128
181 800
-
-
Dividends
16 014
20 200
-
-
withholding
3 043
3 838
-
-
total
3 043
3 838
-
-
Income
202 000
202 000
202 000
202 000
Total tax
166 923
185 638
91 400
64 002
After tax
35 077
16 362
110 600
137 998
Living cost
22 104
22 104
22 104
22 104
Free-cash
12 973
-5 742
88 496
115 894

Estimated living cost  is ₽22104 per week

₽16201
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1225
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.
₽4218
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽182638
₽180902
₽190718
₽152338
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
202 000
microenterprise

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

-
-
-
2 020
total
-
-
-
2 020
Employee
11 577
-
202 000
-
income
2 315
-
40 400
-
total
2 315
-
40 400
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

190 423
202 000
-
-
total
-
-
-
-
Dividends
190 423
202 000
-
-
withholding
9 521
10 100
-
-
total
9 521
10 100
-
-
Income
202 000
202 000
202 000
202 000
Total tax
11 836
10 100
40 400
2 020
After tax
190 164
191 900
161 600
199 980
Living cost
9 262
9 262
9 262
9 262
Free-cash
180 902
182 638
152 338
190 718

Estimated living cost  is ₽9262 per week

₽5740
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽770
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽255
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2497
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽121373
₽114518
₽90394
₽88667
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
202 000
income
-
-
-
33 418
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.

-
-
-
37 032
other
-
-
-
7 329
health
-
-
-
6 790
total
-
-
-
84 569
Employee
36 842
-
163 048
-
health
516
-
2 160
-
income
6 343
-
32 842
-
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.

2 578
-
10 800
-
unemployment
368
-
1 542
-
total
9 805
-
47 344
-
Employer
36 842
-
163 048
-
accident
295
-
1 304
-
other
1 843
-
7 714
-
unemployment
368
-
1 542
-
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.

6 264
-
26 232
-
health
516
-
2 160
-
total
9 286
-
38 952
-
Corporate
155 873
202 000
-
-
income
32 733
42 420
-
-
total
32 733
42 420
-
-
Dividends
123 140
159 580
-
-
withholding
8 621
11 170
-
-
total
8 621
11 170
-
-
Income
202 000
202 000
202 000
202 000
Total tax
60 445
53 590
86 296
84 569
After tax
141 555
148 410
115 704
117 431
Living cost
27 037
27 037
27 037
27 037
Free-cash
114 518
121 373
88 667
90 394

Estimated living cost  is ₽27037 per week

₽19103
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1825
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽435
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5673
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61414
₽68806
₽63847
₽45683
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
202 000
income
-
-
-
60 029
pensions
-
-
-
9 645
total
-
-
-
69 674
Employee
96 888
-
176 259
-
health
1 597
-
2 472
-
income
17 465
-
47 919
-
pensions
9 347
-
11 706
-
total
28 409
-
62 097
-
Employer
96 888
-
176 259
-
pensions
11 440
-
22 392
-
health
1 840
-
3 349
-
total
13 280
-
25 741
-
Corporate
91 832
202 000
-
-
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.

17 447
38 380
-
-
total
17 447
38 380
-
-
Dividends
74 385
163 620
-
-
withholding
5 579
33 727
-
-
total
5 579
33 727
-
-
Income
202 000
202 000
202 000
202 000
Total tax
64 715
72 107
87 838
69 674
After tax
137 285
129 893
114 162
132 326
Living cost
68 479
68 479
68 479
68 479
Free-cash
68 806
61 414
45 683
63 847

Estimated living cost  is ₽68479 per week

₽51313
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽8046
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽557
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8565
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽159397
₽154680
₽148917
₽157090
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
202 000
income
-
-
-
30 300
pensions

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

-
-
-
5 249
unemployment
-
-
-
142
health
-
-
-
4 079
total
-
-
-
39 770
Employee
17 628
-
195 042
-
health
811
-
1 631
-
accident

We are using the highest rate at 1.1%.

194
-
390
-
income
1 763
-
19 504
-
pensions

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

1 548
-
3 114
-
total
4 316
-
24 639
-
Employer
17 628
-
195 042
-
accident

We are using the highest rate at 1.1%.

194
-
390
-
unemployment
105
-
213
-
pensions

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

1 943
-
3 908
-
health
1 217
-
2 447
-
total
3 459
-
6 958
-
Corporate
180 913
202 000
-
-
income
18 091
20 200
-
-
total
18 091
20 200
-
-
Dividends
162 822
181 800
-
-
withholding
8 141
9 090
-
-
total
8 141
9 090
-
-
Income
202 000
202 000
202 000
202 000
Total tax
34 007
29 290
31 597
39 770
After tax
167 993
172 710
170 403
162 230
Living cost
13 313
13 313
13 313
13 313
Free-cash
154 680
159 397
157 090
148 917

Estimated living cost  is ₽13313 per week

₽7772
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽951
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽353
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4237
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44091
₽46644
₽53636
₽72464
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
202 000
income
-
-
-
67 698
pensions
-
-
-
11 888
health
-
-
-
12 512
total
-
-
-
92 098
Employee
94 074
86 650
183 143
-
health
11 736
11 313
12 512
-
income

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

14 183
14 183
30 013
-
pensions
11 888
11 888
11 888
-
total
37 807
37 384
54 413
-
Employer
94 074
86 650
183 143
-
unemployment
3 387
3 119
3 876
-
pensions
6 547
6 031
7 496
-
health
6 537
6 023
7 485
-
total
16 471
15 173
18 857
-
Corporate
91 455
100 177
-
-
income
18 291
20 035
-
-
total
18 291
20 035
-
-
Dividends
73 164
80 141
-
-
income
15 547
17 030
-
-
withholding
10 974
12 021
-
-
total
26 521
29 051
-
-
Income
202 000
202 000
202 000
202 000
Total tax
99 090
101 643
73 270
92 098
After tax
102 910
100 357
128 730
109 902
Living cost
56 266
56 266
56 266
56 266
Free-cash
46 644
44 091
72 464
53 636

Estimated living cost  is ₽56266 per week

₽41505
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽5026
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽645
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9091
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽114751
₽106071
₽93051
₽84473
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
202 000
income
-
-
-
20 959
health
-
-
-
27 270
solidarity contribution
-
-
-
1 389
social contributions
-
-
-
35 005
total
-
-
-
84 623
Employee
35 774
-
157 826
-
social contributions
2 325
-
7 792
-
health
4 830
-
21 307
-
solidarity contribution
-
-
619
-
income
4 293
-
19 309
-
total
11 448
-
49 027
-
Employer
35 774
-
157 826
-
social contributions
8 944
-
29 970
-
health
3 220
-
14 204
-
total
12 164
-
44 174
-
Corporate
154 063
202 000
-
-
income
29 272
38 380
-
-
total
29 272
38 380
-
-
Dividends
124 791
163 620
-
-
withholding
18 719
24 543
-
-
total
18 719
24 543
-
-
Income
202 000
202 000
202 000
202 000
Total tax
71 603
62 923
93 201
84 623
After tax
130 397
139 077
108 799
117 377
Living cost
24 326
24 326
24 326
24 326
Free-cash
106 071
114 751
84 473
93 051

Estimated living cost  is ₽24326 per week

₽16897
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1731
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.
₽5220
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64959
₽59662
₽52890
₽44107
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
202 000
municipal
-
-
-
1 209
regional
-
-
-
2 429
national
-
-
-
51 871
social contributions
-
-
-
50 785
total
-
-
-
106 294
Employee
90 179
-
202 000
-
social contributions
30 408
-
66 580
-
regional
851
-
2 155
-
municipal
478
-
1 084
-
national
15 626
-
45 258
-
total
47 363
-
115 077
-
Employer
90 179
-
202 000
-
total
-
-
-
-
Corporate
111 821
202 000
-
-
nationa
26 836
48 480
-
-
municipal
4 361
7 877
-
-
total
31 197
56 357
-
-
Dividends
80 623
145 643
-
-
withholding
20 962
37 868
-
-
total
20 962
37 868
-
-
Income
202 000
202 000
202 000
202 000
Total tax
99 522
94 225
115 077
106 294
After tax
102 478
107 775
86 923
95 706
Living cost
42 816
42 816
42 816
42 816
Free-cash
59 662
64 959
44 107
52 890

Estimated living cost  is ₽42816 per week

₽29846
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2807
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽657
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9505
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽104668
₽101508
₽72891
₽66685
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
202 000
income
-
-
-
60 033
pensions
-
-
-
27 085
other
-
-
-
-
unemployment
-
-
-
231
health
-
-
-
9 614
surtax
-
-
-
9 755
total
-
-
-
106 718
Employee
33 555
-
173 494
-
other
-
-
-
-
health
857
-
3 453
-
surtax
110
-
8 542
-
income
5 625
-
53 964
-
pensions
2 237
-
9 033
-
unemployment
2 336
-
9 426
-
total
11 165
-
84 418
-
Employer
33 555
-
173 494
-
other
-
-
-
-
unemployment
1 063
-
4 292
-
pensions
4 473
-
18 052
-
health
1 527
-
6 162
-
total
7 063
-
28 506
-
Corporate
161 382
202 000
-
-
income
41 960
52 520
-
-
total
41 960
52 520
-
-
Dividends
119 422
149 480
-
-
withholding
17 913
22 421
-
-
total
17 913
22 421
-
-
Income
202 000
202 000
202 000
202 000
Total tax
78 101
74 941
112 924
106 718
After tax
123 899
127 059
89 076
95 282
Living cost
22 391
22 391
22 391
22 391
Free-cash
101 508
104 668
66 685
72 891

Estimated living cost  is ₽22391 per week

₽13691
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2066
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽516
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6117
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83110
₽89874
₽85543
₽67379
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
202 000
income
-
-
-
60 029
pensions
-
-
-
9 645
total
-
-
-
69 674
Employee
64 932
-
176 259
-
health
943
-
2 472
-
income
11 695
-
47 919
-
pensions
5 511
-
11 706
-
total
18 149
-
62 097
-
Employer
64 932
-
176 259
-
pensions
7 029
-
22 392
-
health
1 233
-
3 349
-
total
8 262
-
25 741
-
Corporate
128 806
202 000
-
-
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.

24 474
38 380
-
-
total
24 474
38 380
-
-
Dividends
104 332
163 620
-
-
withholding
14 458
33 727
-
-
total
14 458
33 727
-
-
Income
202 000
202 000
202 000
202 000
Total tax
65 343
72 107
87 838
69 674
After tax
136 657
129 893
114 162
132 326
Living cost
46 783
46 783
46 783
46 783
Free-cash
89 874
83 110
67 379
85 543

Estimated living cost  is ₽46783 per week

₽35050
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3507
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7737
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽15044
₽48128
₽84325
₽75943
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
202 000
city
-
-
-
2 129
pensions
-
-
-
18 585
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.

-
-
-
4 040
regional
-
-
-
10 732
health
-
-
-
455
national
-
-
-
4 408
total
-
-
-
40 349
Employee
90 491
-
181 214
-
city
971
-
1 952
-
regional
2 963
-
9 394
-
health
205
-
407
-
pensions
7 602
-
14 760
-
unemployment
-
-
-
-
national
428
-
3 427
-
total
12 169
-
29 940
-
Employer
90 491
-
181 214
-
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.

1 809
-
3 624
-
unemployment
-
-
-
-
pensions
7 602
-
14 760
-
health
205
-
407
-
total
9 616
-
18 791
-
Corporate
100 898
202 000
-
-
regional
21 340
42 723
-
-
national
8 576
17 169
-
-
total
29 916
59 892
-
-
Dividends
70 983
142 108
-
-
withholding
24 845
49 738
-
-
total
24 845
49 738
-
-
Income
202 000
202 000
202 000
202 000
Total tax
76 546
109 630
48 731
40 349
After tax
125 454
92 370
153 269
161 651
Living cost
77 326
77 326
77 326
77 326
Free-cash
48 128
15 044
75 943
84 325

Estimated living cost  is ₽77326 per week

₽50284
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6939
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽949
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19153
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽53280
₽69737
₽53437
₽79989
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
202 000
trade
-
-
-
26 552
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.

-
-
-
65 020
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.

-
-
-
6 932
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.

-
-
-
3 576
total
-
-
-
102 080
Employee

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

60 981
-
202 000
-
health

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

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

6 932
-
6 932
-
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.

395
-
3 576
-
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.

7 171
-
65 020
-
total
14 498
-
75 528
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
141 019
202 000
-
-
surtax

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

1 163
1 666
-
-
income
21 152
30 301
-
-
trade
24 185
34 643
-
-
chamber of commerce
352
439
-
-
total
46 852
67 049
-
-
Dividends
94 167
134 952
-
-
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
1 835
-
-
withholding
23 157
33 353
-
-
total
24 430
35 188
-
-
Income
202 000
202 000
202 000
202 000
Total tax
85 780
102 237
75 528
102 080
After tax
116 220
99 763
126 472
99 920
Living cost
46 483
46 483
46 483
46 483
Free-cash
69 737
53 280
79 989
53 437

Estimated living cost  is ₽46483 per week

₽33950
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3718
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽605
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8213
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67092
₽73087
₽78098
₽73654
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
202 000
income
-
-
-
34 099
pensions
-
-
-
33 802
other
-
-
-
6 262
health
-
-
-
9 268
surtax
-
-
-
-
social contributions
-
-
-
5 755
total
-
-
-
89 186
Employee
43 427
-
155 226
-
social contributions
1 238
-
4 423
-
surtax
-
-
-
-
income
2 563
-
31 180
-
pensions
4 910
-
11 253
-
total
8 711
-
46 856
-
Employer
43 427
-
155 226
-
other
1 498
-
6 251
-
social contributions
131
-
466
-
unemployment
1 758
-
6 287
-
pensions
7 134
-
18 863
-
health
3 040
-
14 907
-
total
13 561
-
46 774
-
Corporate
145 011
202 000
-
-
surtax
-
-
-
-
income
40 602
56 559
-
-
total
40 602
56 559
-
-
Dividends
104 409
145 441
-
-
surtax
-
-
-
-
social contributions
17 958
25 017
-
-
withholding
13 365
18 616
-
-
total
31 323
43 633
-
-
Income
202 000
202 000
202 000
202 000
Total tax
94 197
100 192
93 630
89 186
After tax
107 803
101 808
108 370
112 814
Living cost
34 716
34 716
34 716
34 716
Free-cash
73 087
67 092
73 654
78 098

Estimated living cost  is ₽34716 per week

₽21890
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2823
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽591
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9414
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70532
₽76170
₽81538
₽77094
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
202 000
income
-
-
-
34 099
pensions
-
-
-
33 802
other
-
-
-
6 262
health
-
-
-
9 268
surtax
-
-
-
-
social contributions
-
-
-
5 755
total
-
-
-
89 186
Employee
38 765
-
155 226
-
social contributions
1 105
-
4 423
-
surtax
-
-
-
-
income
1 999
-
31 180
-
pensions
4 384
-
11 253
-
total
7 488
-
46 856
-
Employer
38 765
-
155 226
-
other
1 338
-
6 251
-
social contributions
116
-
466
-
unemployment
1 569
-
6 287
-
pensions
6 370
-
18 863
-
health
2 713
-
14 907
-
total
12 106
-
46 774
-
Corporate
151 129
202 000
-
-
surtax
-
-
-
-
income
42 316
56 559
-
-
total
42 316
56 559
-
-
Dividends
108 813
145 441
-
-
surtax
-
-
-
-
social contributions
18 716
25 017
-
-
withholding
13 928
18 616
-
-
total
32 644
43 633
-
-
Income
202 000
202 000
202 000
202 000
Total tax
94 554
100 192
93 630
89 186
After tax
107 446
101 808
108 370
112 814
Living cost
31 276
31 276
31 276
31 276
Free-cash
76 170
70 532
77 094
81 538

Estimated living cost  is ₽31276 per week

₽18139
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3177
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽593
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9368
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽101723
₽102249
₽108208
₽103360
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
202 000
income
-
-
-
30 301
health
-
-
-
14 099
social contributions
-
-
-
27 876
total
-
-
-
72 276
Employee
34 404
-
202 000
-
social contributions
4 748
-
27 876
-
health
2 401
-
14 099
-
income
5 738
-
35 149
-
total
12 887
-
77 124
-
Employer
34 404
-
202 000
-
total
-
-
-
-
Corporate
167 596
202 000
-
-
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%.

8 380
10 100
-
-
total
8 380
10 100
-
-
Dividends
159 216
191 900
-
-
health
11 112
13 394
-
-
social contributions
21 973
26 482
-
-
withholding
23 883
28 785
-
-
total
56 968
68 661
-
-
Income
202 000
202 000
202 000
202 000
Total tax
78 235
78 761
77 124
72 276
After tax
123 765
123 239
124 876
129 724
Living cost
21 516
21 516
21 516
21 516
Free-cash
102 249
101 723
103 360
108 208

Estimated living cost  is ₽21516 per week

₽14399
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1327
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.
₽5293
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75791
₽74220
₽67986
₽17480
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
202 000
chamber of commerce
-
-
-
809
income
-
-
-
60 031
pensions
-
-
-
21 930
unemployment
-
-
-
6 223
health
-
-
-
9 067
surtax
-
-
-
200
total
-
-
-
98 260
Employee
50 709
40 437
164 342
-
other
506
404
1 186
-
health
1 962
1 565
4 587
-
income
5 773
2 983
49 516
-
pensions
5 193
4 140
12 139
-
unemployment
1 521
1 213
3 557
-
total
14 955
10 305
70 985
-
Employer
50 709
40 437
164 342
-
accident
659
526
1 540
-
other
2 409
1 920
7 417
-
chamber of commerce
202
162
657
-
unemployment
1 521
1 213
3 557
-
surtax
200
200
200
-
pensions
6 364
5 076
14 877
-
payroll
1 521
1 213
4 929
-
health
1 916
1 529
4 481
-
total
14 792
11 839
37 658
-
Corporate
136 498
149 725
160 491
-
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.

34 125
37 431
40 123
-
total
34 125
37 431
40 123
-
Dividends
102 374
112 294
-
-
withholding
28 154
30 880
-
-
total
28 154
30 880
-
-
Income
202 000
202 000
202 000
202 000
Total tax
92 026
90 455
148 766
98 260
After tax
109 974
111 545
53 234
103 740
Living cost
35 754
35 754
35 754
35 754
Free-cash
74 220
75 791
17 480
67 986

Estimated living cost  is ₽35754 per week

₽23846
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3050
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽587
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8270
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75323
₽60707
₽50729
₽32823
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
202 000
national
-
-
-
78 374
communal

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

-
-
-
10 602
social contributions
-
-
-
25 298
total
-
-
-
114 274
Employee

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

72 581
-
156 455
-
communal

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

3 786
-
8 161
-
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.

3 410
-
7 352
-
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.

5 444
-
11 734
-
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.

632
-
1 361
-
national
22 314
-
58 027
-
total
35 586
-
86 635
-
Employer

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

72 581
-
156 455
-
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.

944
-
2 035
-
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.

1 059
-
2 284
-
surtax
8 230
-
17 742
-
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.

6 431
-
13 862
-
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.

4 463
-
9 622
-
total
21 127
-
45 545
-
Corporate
108 292
202 000
-
-
surtax
433
824
-
-
income
21 659
41 249
-
-
total
22 092
42 073
-
-
Dividends
86 200
159 927
-
-
withholding

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

25 491
47 607
-
-
total
25 491
47 607
-
-
Income
202 000
202 000
202 000
202 000
Total tax
104 296
89 680
132 180
114 274
After tax
97 704
112 320
69 820
87 726
Living cost
36 997
36 997
36 997
36 997
Free-cash
60 707
75 323
32 823
50 729

Estimated living cost  is ₽36997 per week

₽23831
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3235
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9352
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97719
₽90770
₽76457
₽72199
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
202 000
accident
-
-
-
847
income
-
-
-
60 683
pensions
-
-
-
26 615
other
-
-
-
94
unemployment
-
-
-
659
total
-
-
-
88 898
Employee
50 509
-
172 017
-
other
50
-
94
-
income
10 657
-
57 200
-
pensions
2 374
-
4 421
-
unemployment
784
-
1 458
-
total
13 865
-
63 173
-
Employer
50 509
-
172 017
-
accident
999
-
1 862
-
other
402
-
753
-
unemployment
2 779
-
5 172
-
pensions
11 919
-
22 196
-
total
16 099
-
29 983
-
Corporate
135 392
202 000
-
-
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.

20 309
30 301
-
-
total
20 309
30 301
-
-
Dividends
115 083
171 699
-
-
withholding
24 312
37 335
-
-
total
24 312
37 335
-
-
Income
202 000
202 000
202 000
202 000
Total tax
74 585
67 636
93 156
88 898
After tax
127 415
134 364
108 844
113 102
Living cost
36 645
36 645
36 645
36 645
Free-cash
90 770
97 719
72 199
76 457

Estimated living cost  is ₽36645 per week

₽26985
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2600
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6531
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61260
₽47600
₽42125
₽50175
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
202 000
accident
-
-
-
1 702
income
-
-
-
35 782
pensions
-
-
-
30 277
health
-
-
-
14 191
surtax
-
-
-
10 015
communal
-
-
-
12 766
total
-
-
-
104 733
Employee
76 841
-
180 438
-
health
3 420
-
8 030
-
surtax
4 710
-
11 058
-
income
7 422
-
41 597
-
pensions
6 146
-
14 436
-
total
21 698
-
75 121
-
Employer
76 841
-
180 438
-
accident
691
-
1 623
-
pensions
6 146
-
14 436
-
health
2 343
-
5 503
-
total
9 180
-
21 562
-
Corporate
115 978
202 000
-
-
surtax
1 217
2 122
-
-
communal
7 829
13 635
-
-
income
17 397
30 301
-
-
total
26 443
46 058
-
-
Dividends
89 534
155 943
-
-
income
28 506
16 148
-
-
withholding
13 431
23 392
-
-
total
41 937
39 540
-
-
Income
202 000
202 000
202 000
202 000
Total tax
99 258
85 598
96 683
104 733
After tax
102 742
116 402
105 317
97 267
Living cost
55 142
55 142
55 142
55 142
Free-cash
47 600
61 260
50 175
42 125

Estimated living cost  is ₽55142 per week

₽41365
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3341
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽583
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9851
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽104268
₽101039
₽72491
₽66285
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
202 000
income
-
-
-
60 033
pensions
-
-
-
27 085
other
-
-
-
-
unemployment
-
-
-
231
health
-
-
-
9 614
surtax
-
-
-
9 755
total
-
-
-
106 718
Employee
34 171
-
173 494
-
other
-
-
-
-
health
872
-
3 453
-
surtax
121
-
8 542
-
income
5 729
-
53 964
-
pensions
2 280
-
9 033
-
unemployment
2 378
-
9 426
-
total
11 380
-
84 418
-
Employer
34 171
-
173 494
-
other
-
-
-
-
unemployment
1 084
-
4 292
-
pensions
4 556
-
18 052
-
health
1 554
-
6 162
-
total
7 194
-
28 506
-
Corporate
160 635
202 000
-
-
income
41 765
52 520
-
-
total
41 765
52 520
-
-
Dividends
118 870
149 480
-
-
withholding
17 831
22 421
-
-
total
17 831
22 421
-
-
Income
202 000
202 000
202 000
202 000
Total tax
78 170
74 941
112 924
106 718
After tax
123 830
127 059
89 076
95 282
Living cost
22 791
22 791
22 791
22 791
Free-cash
101 039
104 268
66 285
72 491

Estimated living cost  is ₽22791 per week

₽13760
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.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6522
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78841
₽76590
₽67732
₽58996
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
202 000
municipal
-
-
-
1 209
regional
-
-
-
3 070
national
-
-
-
51 871
social contributions
-
-
-
50 785
total
-
-
-
106 935
Employee
56 286
-
202 000
-
social contributions
18 980
-
66 580
-
regional
758
-
2 749
-
municipal
298
-
1 084
-
national
8 917
-
45 258
-
total
28 953
-
115 671
-
Employer
56 286
-
202 000
-
total
-
-
-
-
Corporate
145 714
202 000
-
-
nationa
34 972
48 480
-
-
municipal
7 242
10 040
-
-
total
42 214
58 520
-
-
Dividends
103 500
143 480
-
-
withholding
26 910
37 306
-
-
total
26 910
37 306
-
-
Income
202 000
202 000
202 000
202 000
Total tax
98 077
95 826
115 671
106 935
After tax
103 923
106 174
86 329
95 065
Living cost
27 333
27 333
27 333
27 333
Free-cash
76 590
78 841
58 996
67 732

Estimated living cost  is ₽27333 per week

₽16999
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2769
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7098
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽109100
₽98407
₽87400
₽78822
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
202 000
income
-
-
-
20 959
health
-
-
-
27 270
solidarity contribution
-
-
-
1 389
social contributions
-
-
-
35 005
total
-
-
-
84 623
Employee
44 083
-
157 826
-
social contributions
2 865
-
7 792
-
health
5 951
-
21 307
-
solidarity contribution
-
-
619
-
income
5 290
-
19 309
-
total
14 106
-
49 027
-
Employer
44 083
-
157 826
-
social contributions
11 021
-
29 970
-
health
3 967
-
14 204
-
total
14 988
-
44 174
-
Corporate
142 929
202 000
-
-
income
27 156
38 380
-
-
total
27 156
38 380
-
-
Dividends
115 772
163 620
-
-
withholding
17 366
24 543
-
-
total
17 366
24 543
-
-
Income
202 000
202 000
202 000
202 000
Total tax
73 616
62 923
93 201
84 623
After tax
128 384
139 077
108 799
117 377
Living cost
29 977
29 977
29 977
29 977
Free-cash
98 407
109 100
78 822
87 400

Estimated living cost  is ₽29977 per week

₽22292
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1661
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽519
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5505
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79280
₽78778
₽71568
₽20912
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
202 000
chamber of commerce
-
-
-
809
income
-
-
-
60 031
pensions
-
-
-
21 930
unemployment
-
-
-
6 223
health
-
-
-
9 067
surtax
-
-
-
-
total
-
-
-
98 060
Employee
44 355
40 437
164 529
-
other
443
404
1 186
-
health
1 716
1 565
4 587
-
income
3 951
2 983
49 606
-
pensions
4 542
4 140
12 139
-
unemployment
1 331
1 213
3 557
-
total
11 983
10 305
71 075
-
Employer
44 355
40 437
164 529
-
accident
576
526
1 540
-
other
2 107
1 920
7 423
-
chamber of commerce
177
162
659
-
unemployment
1 331
1 213
3 557
-
surtax
-
-
-
-
pensions
5 567
5 076
14 877
-
payroll
1 331
1 213
4 935
-
health
1 677
1 529
4 481
-
total
12 766
11 639
37 472
-
Corporate
144 881
149 925
160 678
-
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.

36 220
37 481
40 169
-
total
36 220
37 481
40 169
-
Dividends
108 661
112 444
-
-
withholding
29 881
30 923
-
-
total
29 881
30 923
-
-
Income
202 000
202 000
202 000
202 000
Total tax
90 850
90 348
148 716
98 060
After tax
111 150
111 652
53 284
103 940
Living cost
32 372
32 372
32 372
32 372
Free-cash
78 778
79 280
20 912
71 568

Estimated living cost  is ₽32372 per week

₽19419
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3306
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽578
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9069
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽177467
₽174761
₽185547
₽147167
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
202 000
microenterprise

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

-
-
-
2 020
total
-
-
-
2 020
Employee
18 041
-
202 000
-
income
3 608
-
40 400
-
total
3 608
-
40 400
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

183 959
202 000
-
-
total
-
-
-
-
Dividends
183 959
202 000
-
-
withholding
9 198
10 100
-
-
total
9 198
10 100
-
-
Income
202 000
202 000
202 000
202 000
Total tax
12 806
10 100
40 400
2 020
After tax
189 194
191 900
161 600
199 980
Living cost
14 433
14 433
14 433
14 433
Free-cash
174 761
177 467
147 167
185 547

Estimated living cost  is ₽14433 per week

₽9767
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽606
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3576
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽111861
₽103374
₽69339
₽64910
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
202 000
income
-
-
-
48 377
pensions
-
-
-
36 890
unemployment
-
-
-
302
health
-
-
-
19 876
total
-
-
-
105 445
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.

44 870
-
174 786
-
health
2 898
-
11 291
-
income
7 738
-
44 031
-
pensions
6 955
-
27 093
-
unemployment
64
-
245
-
total
17 655
-
82 660
-
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.

44 870
-
174 786
-
unemployment
27
-
104
-
pensions
3 970
-
15 468
-
health
2 988
-
11 642
-
total
6 985
-
27 214
-
Corporate
150 144
202 000
-
-
income
28 527
38 380
-
-
total
28 527
38 380
-
-
Dividends
121 617
163 620
-
-
withholding
18 243
24 543
-
-
total
18 243
24 543
-
-
Income
202 000
202 000
202 000
202 000
Total tax
71 410
62 923
109 874
105 445
After tax
130 590
139 077
92 126
96 555
Living cost
27 216
27 216
27 216
27 216
Free-cash
103 374
111 861
64 910
69 339

Estimated living cost  is ₽27216 per week

₽18678
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1745
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6268
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78913
₽30425
₽95614
₽144606
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
202 000
income
-
-
-
39 374
social contributions
-
-
-
23 028
total
-
-
-
62 402
Employee
63 067
-
-
-
social contributions
5 172
-
737
-
income
13 911
-
-
-
total
19 083
-
737
-
Employer
63 067
-
-
-
social contributions
88 924
-
12 673
-
total
88 924
-
12 673
-
Corporate
50 009
202 000
-
-
income
11 002
44 440
-
-
total
11 002
44 440
-
-
Dividends
39 007
157 560
-
-
income
8 582
34 663
-
-
total
8 582
34 663
-
-
Income
202 000
202 000
202 000
202 000
Total tax
127 591
79 103
13 410
62 402
After tax
74 409
122 897
188 590
139 598
Living cost
43 984
43 984
43 984
43 984
Free-cash
30 425
78 913
144 606
95 614

Estimated living cost  is ₽43984 per week

₽28539
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4137
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10748
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83070
₽82047
₽74861
₽59545
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
202 000
income
-
-
-
25 118
surtax
-
-
-
-
social contributions

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

-
-
-
70 194
total
-
-
-
95 312
Employee
46 668
-
163 233
-
social contributions
5 134
-
17 956
-
surtax
-
-
-
-
income
9 707
-
53 905
-
total
14 841
-
71 861
-
Employer
46 668
-
163 233
-
social contributions
11 084
-
38 767
-
total
11 084
-
38 767
-
Corporate
144 249
202 000
-
-
surtax
-
-
-
-
income
30 293
42 420
-
-
total
30 293
42 420
-
-
Dividends
113 956
159 580
-
-
withholding
31 908
44 683
-
-
total
31 908
44 683
-
-
Income
202 000
202 000
202 000
202 000
Total tax
88 126
87 103
110 628
95 312
After tax
113 874
114 897
91 372
106 688
Living cost
31 827
31 827
31 827
31 827
Free-cash
82 047
83 070
59 545
74 861

Estimated living cost  is ₽31827 per week

₽23813
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1877
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5605
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52800
₽59776
₽63806
₽59362
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
202 000
income
-
-
-
34 099
pensions
-
-
-
33 802
other
-
-
-
6 262
health
-
-
-
9 268
surtax
-
-
-
-
social contributions
-
-
-
5 755
total
-
-
-
89 186
Employee
63 552
-
155 226
-
social contributions
1 810
-
4 423
-
surtax
-
-
-
-
income
5 545
-
31 180
-
pensions
7 188
-
11 253
-
total
14 543
-
46 856
-
Employer
63 552
-
155 226
-
other
2 193
-
6 251
-
social contributions
191
-
466
-
unemployment
2 574
-
6 287
-
pensions
10 442
-
18 863
-
health
4 448
-
14 907
-
total
19 848
-
46 774
-
Corporate
118 600
202 000
-
-
surtax
-
-
-
-
income
33 208
56 559
-
-
total
33 208
56 559
-
-
Dividends
85 391
145 441
-
-
surtax
-
-
-
-
social contributions
14 688
25 017
-
-
withholding
10 929
18 616
-
-
total
25 617
43 633
-
-
Income
202 000
202 000
202 000
202 000
Total tax
93 216
100 192
93 630
89 186
After tax
108 784
101 808
108 370
112 814
Living cost
49 008
49 008
49 008
49 008
Free-cash
59 776
52 800
59 362
63 806

Estimated living cost  is ₽49008 per week

₽33168
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4009
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽672
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11159
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽151300
₽147889
₽117464
₽122833
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
202 000
income
-
-
-
9 595
social contributions
-
-
-
44 440
total
-
-
-
54 035
Employee
32 621
-
174 892
-
income
-
-
10 190
-
social contributions
2 120
-
11 368
-
total
2 120
-
21 558
-
Employer
32 621
-
174 892
-
social contributions
5 057
-
27 108
-
total
5 057
-
27 108
-
Corporate
164 322
202 000
-
-
income
16 433
20 199
-
-
total
16 433
20 199
-
-
Dividends
147 890
181 801
-
-
total
-
-
-
-
Income
202 000
202 000
202 000
202 000
Total tax
23 610
20 199
48 666
54 035
After tax
178 390
181 801
153 334
147 965
Living cost
30 501
30 501
30 501
30 501
Free-cash
147 889
151 300
122 833
117 464

Estimated living cost  is ₽30501 per week

₽19722
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2299
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7906
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽19101
-₽19101
₽68918
-₽19101
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
202 000
municipal
-
-
-
42 768
pensions
-
-
-
880
national
-
-
-
24 471
labour market
-
-
-
16 090
total
-
-
-
84 209
Employee
206 279
206 279
206 279
-
labour market
16 479
16 479
16 479
-
national
25 201
25 201
25 201
-
municipal
43 926
43 926
43 926
-
pensions
293
293
293
-
total
85 899
85 899
85 899
-
Employer
206 279
206 279
206 279
-
labour market
16 502
16 502
16 502
-
municipal
43 996
43 996
43 996
-
pensions
586
586
586
-
national
25 245
25 245
25 245
-
total
86 329
86 329
86 329
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
202 000
202 000
202 000
202 000
Total tax
172 228
172 228
172 228
84 209
After tax
29 772
29 772
29 772
117 791
Living cost
48 873
48 873
48 873
48 873
Free-cash
-19 101
-19 101
-19 101
68 918

Estimated living cost  is ₽48873 per week

₽33449
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4323
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽752
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10349
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5416
₽13022
₽116220
₽88822
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
202 000
accident
-
-
-
254
income
-
-
-
57 004
pensions
-
-
-
4 181
other
-
-
-
372
health
-
-
-
2 191
total
-
-
-
64 002
Employee
34 259
-
183 375
-
health
3 923
-
20 997
-
income
4 700
-
44 112
-
pensions
3 858
-
7 666
-
total
12 481
-
72 775
-
Employer
34 259
-
183 375
-
accident
572
-
3 062
-
unemployment
839
-
4 493
-
pensions
5 570
-
11 070
-
total
6 981
-
18 625
-
Corporate
160 759
202 000
-
-
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.

144 683
181 800
-
-
total
144 683
181 800
-
-
Dividends
16 076
20 200
-
-
withholding
3 055
3 838
-
-
total
3 055
3 838
-
-
Income
202 000
202 000
202 000
202 000
Total tax
167 200
185 638
91 400
64 002
After tax
34 800
16 362
110 600
137 998
Living cost
21 778
21 778
21 778
21 778
Free-cash
13 022
-5 416
88 822
116 220

Estimated living cost  is ₽21778 per week

₽15852
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1242
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽409
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4276
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86173
₽89281
₽87950
₽64814
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
202 000
municipal
-
-
-
35 877
health
-
-
-
2 688
national
-
-
-
36 528
total
-
-
-
75 093
Employee
53 385
-
169 932
-
health
399
-
2 193
-
municipal
8 744
-
27 670
-
pensions
3 603
-
11 471
-
unemployment
801
-
2 549
-
national
882
-
22 281
-
total
14 429
-
66 164
-
Employer
53 385
-
169 932
-
accident
54
-
169
-
unemployment
347
-
1 105
-
pensions
9 262
-
29 482
-
health
410
-
1 309
-
total
10 073
-
32 065
-
Corporate
138 543
202 000
-
-
income
27 709
40 400
-
-
total
27 709
40 400
-
-
Dividends

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

83 125
121 200
-
-
national
6 587
14 653
-
-
municipal
14 964
21 817
-
-
total
21 551
36 470
-
-
Income
202 000
202 000
202 000
202 000
Total tax
73 762
76 870
98 229
75 093
After tax
128 238
125 130
103 771
126 907
Living cost
38 957
38 957
38 957
38 957
Free-cash
89 281
86 173
64 814
87 950

Estimated living cost  is ₽38957 per week

₽25446
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3747
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽620
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9144
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽123791
₽118268
₽113410
₽111697
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
202 000
income
-
-
-
43 529
health
-
-
-
5 151
social contributions
-
-
-
16 417
total
-
-
-
65 097
Employee
78 025
78 025
189 755
-
social contributions
2 950
6 476
8 734
-
health
605
1 327
3 225
-
income
8 496
7 223
42 607
-
total
12 051
15 026
54 566
-
Employer
78 025
78 025
189 755
-
social contributions
2 950
6 476
8 734
-
health
657
1 444
3 510
-
total
3 607
7 920
12 244
-
Corporate
162 851
116 056
-
-
income
20 357
14 507
-
-
total
20 357
14 507
-
-
Dividends
142 494
101 549
-
-
withholding
24 224
17 263
-
-
total
24 224
17 263
-
-
Income
202 000
202 000
202 000
202 000
Total tax
60 239
54 716
66 810
65 097
After tax
141 761
147 284
135 190
136 903
Living cost
23 493
23 493
23 493
23 493
Free-cash
118 268
123 791
111 697
113 410

Estimated living cost  is ₽23493 per week

₽14080
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2305
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.
₽6589
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽151167
₽146004
₽154991
₽134638
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
202 000
income
-
-
-
20 744
pensions
-
-
-
6 454
unemployment
-
-
-
29
health
-
-
-
3 672
total
-
-
-
30 899
Employee

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

23 291
-
192 083
-
health
1 979
-
8 184
-
income
1 592
-
18 229
-
pensions
3 493
-
14 442
-
unemployment
116
-
481
-
total
7 180
-
41 336
-
Employer

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

23 291
-
192 083
-
unemployment
116
-
481
-
pensions
1 280
-
5 295
-
health
1 001
-
4 140
-
total
2 397
-
9 916
-
Corporate
176 312
202 000
-
-
income
15 869
18 179
-
-
total
15 869
18 179
-
-
Dividends
160 444
183 821
-
-
withholding
14 440
16 544
-
-
total
14 440
16 544
-
-
Income
202 000
202 000
202 000
202 000
Total tax
39 886
34 723
51 252
30 899
After tax
162 114
167 277
150 748
171 101
Living cost
16 110
16 110
16 110
16 110
Free-cash
146 004
151 167
134 638
154 991

Estimated living cost  is ₽16110 per week

₽10279
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1161
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽479
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4190
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽106461
₽101981
₽85199
₽80941
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
202 000
accident
-
-
-
847
income
-
-
-
60 683
pensions
-
-
-
26 615
other
-
-
-
94
unemployment
-
-
-
659
total
-
-
-
88 898
Employee
37 519
-
172 017
-
other
37
-
94
-
income
7 233
-
57 200
-
pensions
1 764
-
4 421
-
unemployment
582
-
1 458
-
total
9 616
-
63 173
-
Employer
37 519
-
172 017
-
accident
743
-
1 862
-
other
300
-
753
-
unemployment
2 064
-
5 172
-
pensions
8 854
-
22 196
-
total
11 961
-
29 983
-
Corporate
152 520
202 000
-
-
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.

22 878
30 301
-
-
total
22 878
30 301
-
-
Dividends
129 642
171 699
-
-
withholding
27 661
37 335
-
-
total
27 661
37 335
-
-
Income
202 000
202 000
202 000
202 000
Total tax
72 116
67 636
93 156
88 898
After tax
129 884
134 364
108 844
113 102
Living cost
27 903
27 903
27 903
27 903
Free-cash
101 981
106 461
80 941
85 199

Estimated living cost  is ₽27903 per week

₽18834
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2682
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5898
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽123261
₽122804
₽126876
₽126678
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
202 000
income
-
-
-
68 830
pensions
-
-
-
2 033
health
-
-
-
1 474
total
-
-
-
72 337
Employee
4 245
-
199 713
-
health
212
-
508
-
income
821
-
68 723
-
pensions
382
-
915
-
unemployment
42
-
102
-
total
1 457
-
70 248
-
Employer
4 245
-
199 713
-
unemployment
85
-
203
-
pensions
467
-
1 118
-
health
403
-
966
-
total
955
-
2 287
-
Corporate
196 799
202 000
-
-
income
43 296
44 440
-
-
total
43 296
44 440
-
-
Dividends
153 504
157 560
-
-
withholding
30 701
31 512
-
-
total
30 701
31 512
-
-
Income
202 000
202 000
202 000
202 000
Total tax
76 409
75 952
72 535
72 337
After tax
125 591
126 048
129 465
129 663
Living cost
2 787
2 787
2 787
2 787
Free-cash
122 804
123 261
126 678
126 876

Estimated living cost  is ₽2787 per week

₽1656
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽226
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽64
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽841
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽128390
₽123395
₽109828
₽109826
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
202 000
income
-
-
-
46 260
pensions
-
-
-
19 505
unemployment
-
-
-
1 125
health
-
-
-
7 727
total
-
-
-
74 617
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.

26 472
-
188 571
-
health
1 363
-
3 864
-
income
3 649
-
46 260
-
pensions
3 706
-
10 503
-
unemployment
199
-
563
-
total
8 917
-
61 190
-
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.

26 472
-
188 571
-
unemployment
199
-
563
-
pensions
3 177
-
9 002
-
health
1 363
-
3 864
-
total
4 739
-
13 429
-
Corporate
170 790
202 000
-
-
income
25 618
30 300
-
-
total
25 618
30 300
-
-
Dividends
145 171
171 700
-
-
withholding
21 776
25 755
-
-
total
21 776
25 755
-
-
Income
202 000
202 000
202 000
202 000
Total tax
61 050
56 055
74 619
74 617
After tax
140 950
145 945
127 381
127 383
Living cost
17 555
17 555
17 555
17 555
Free-cash
123 395
128 390
109 826
109 828

Estimated living cost  is ₽17555 per week

₽11820
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1358
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.
₽3869
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87542
₽87178
₽79333
₽64017
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
202 000
income
-
-
-
25 118
surtax
-
-
-
-
social contributions

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

-
-
-
70 194
total
-
-
-
95 312
Employee
39 382
-
163 233
-
social contributions
4 333
-
17 956
-
surtax
-
-
-
-
income
7 695
-
53 905
-
total
12 028
-
71 861
-
Employer
39 382
-
163 233
-
social contributions
9 352
-
38 767
-
total
9 352
-
38 767
-
Corporate
153 265
202 000
-
-
surtax
-
-
-
-
income
32 186
42 420
-
-
total
32 186
42 420
-
-
Dividends
121 080
159 580
-
-
withholding
33 901
44 683
-
-
total
33 901
44 683
-
-
Income
202 000
202 000
202 000
202 000
Total tax
87 467
87 103
110 628
95 312
After tax
114 533
114 897
91 372
106 688
Living cost
27 355
27 355
27 355
27 355
Free-cash
87 178
87 542
64 017
79 333

Estimated living cost  is ₽27355 per week

₽19375
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1901
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5596
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98703
₽92066
₽77441
₽73183
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
202 000
accident
-
-
-
847
income
-
-
-
60 683
pensions
-
-
-
26 615
other
-
-
-
94
unemployment
-
-
-
659
total
-
-
-
88 898
Employee
49 005
-
172 017
-
other
48
-
94
-
income
10 235
-
57 200
-
pensions
2 303
-
4 421
-
unemployment
759
-
1 458
-
total
13 345
-
63 173
-
Employer
49 005
-
172 017
-
accident
970
-
1 862
-
other
393
-
753
-
unemployment
2 696
-
5 172
-
pensions
11 565
-
22 196
-
total
15 624
-
29 983
-
Corporate
137 371
202 000
-
-
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.

20 605
30 301
-
-
total
20 605
30 301
-
-
Dividends
116 766
171 699
-
-
withholding
24 699
37 335
-
-
total
24 699
37 335
-
-
Income
202 000
202 000
202 000
202 000
Total tax
74 273
67 636
93 156
88 898
After tax
127 727
134 364
108 844
113 102
Living cost
35 661
35 661
35 661
35 661
Free-cash
92 066
98 703
73 183
77 441

Estimated living cost  is ₽35661 per week

₽25610
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2773
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6776
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽155243
₽149056
₽144763
₽152936
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
202 000
income
-
-
-
30 300
pensions

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

-
-
-
5 249
unemployment
-
-
-
142
health
-
-
-
4 079
total
-
-
-
39 770
Employee
23 129
-
195 042
-
health
1 064
-
1 631
-
accident

We are using the highest rate at 1.1%.

254
-
390
-
income
2 313
-
19 504
-
pensions

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

2 030
-
3 114
-
total
5 661
-
24 639
-
Employer
23 129
-
195 042
-
accident

We are using the highest rate at 1.1%.

254
-
390
-
unemployment
139
-
213
-
pensions

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

2 549
-
3 908
-
health
1 596
-
2 447
-
total
4 538
-
6 958
-
Corporate
174 334
202 000
-
-
income
17 433
20 200
-
-
total
17 433
20 200
-
-
Dividends
156 900
181 800
-
-
withholding
7 845
9 090
-
-
total
7 845
9 090
-
-
Income
202 000
202 000
202 000
202 000
Total tax
35 477
29 290
31 597
39 770
After tax
166 523
172 710
170 403
162 230
Living cost
17 467
17 467
17 467
17 467
Free-cash
149 056
155 243
152 936
144 763

Estimated living cost  is ₽17467 per week

₽11552
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1000
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽417
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4498
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64745
₽78021
₽65081
₽87298
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
202 000
trade
-
-
-
22 217
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.

-
-
-
65 020
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.

-
-
-
6 932
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.

-
-
-
3 576
total
-
-
-
97 745
Employee

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

50 487
-
202 000
-
health

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

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

6 932
-
6 932
-
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.

229
-
3 576
-
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.

4 152
-
65 020
-
total
11 313
-
75 528
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
151 513
202 000
-
-
surtax

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

1 250
1 666
-
-
income
22 727
30 301
-
-
trade
21 741
28 987
-
-
chamber of commerce
375
451
-
-
total
46 093
61 405
-
-
Dividends
105 419
140 596
-
-
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.

1 429
1 912
-
-
withholding
25 970
34 764
-
-
total
27 399
36 676
-
-
Income
202 000
202 000
202 000
202 000
Total tax
84 805
98 081
75 528
97 745
After tax
117 195
103 919
126 472
104 255
Living cost
39 174
39 174
39 174
39 174
Free-cash
78 021
64 745
87 298
65 081

Estimated living cost  is ₽39174 per week

₽27023
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4215
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽568
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7367
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83600
₽85839
₽45931
₽45931
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
202 000
income
-
-
-
64 029
social contributions
-
-
-
34 239
total
-
-
-
98 268
Employee
79 371
-
202 000
-
income
14 977
-
64 029
-
social contributions
6 594
-
34 239
-
total
21 571
-
98 268
-
Employer
79 371
-
202 000
-
total
-
-
-
-
Corporate
122 629
202 000
-
-
income
15 329
25 250
-
-
total
15 329
25 250
-
-
Dividends
107 300
176 750
-
-
withholding
21 460
35 349
-
-
total
21 460
35 349
-
-
Income
202 000
202 000
202 000
202 000
Total tax
58 360
60 599
98 268
98 268
After tax
143 640
141 401
103 732
103 732
Living cost
57 801
57 801
57 801
57 801
Free-cash
85 839
83 600
45 931
45 931

Estimated living cost  is ₽57801 per week

₽43974
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4710
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8565
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89105
₽92651
₽128055
₽105372
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
202 000
income
-
-
-
30 301
health

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

-
-
-
6 811
total
-
-
-
37 112
Employee
46 548
-
197 332
-
income
5 051
-
50 459
-
social contributions
4 664
-
4 668
-
total
9 715
-
55 127
-
Employer
46 548
-
197 332
-
social contributions
4 664
-
4 668
-
total
4 664
-
4 668
-
Corporate
150 789
202 000
-
-
income
52 776
70 701
-
-
total
52 776
70 701
-
-
Dividends
98 013
131 299
-
-
social contributions
5 361
5 361
-
-
total
5 361
5 361
-
-
Income
202 000
202 000
202 000
202 000
Total tax
72 516
76 062
59 795
37 112
After tax
129 484
125 938
142 205
164 888
Living cost
36 833
36 833
36 833
36 833
Free-cash
92 651
89 105
105 372
128 055

Estimated living cost  is ₽36833 per week

₽24262
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2904
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽564
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9102
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91860
₽97924
₽94293
₽76129
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
202 000
income
-
-
-
60 029
pensions
-
-
-
9 645
total
-
-
-
69 674
Employee
52 206
-
176 259
-
health
681
-
2 472
-
income
9 507
-
47 919
-
pensions
3 985
-
11 706
-
total
14 173
-
62 097
-
Employer
52 206
-
176 259
-
pensions
5 274
-
22 392
-
health
992
-
3 349
-
total
6 266
-
25 741
-
Corporate
143 527
202 000
-
-
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.

27 270
38 380
-
-
total
27 270
38 380
-
-
Dividends
116 257
163 620
-
-
withholding
18 334
33 727
-
-
total
18 334
33 727
-
-
Income
202 000
202 000
202 000
202 000
Total tax
66 043
72 107
87 838
69 674
After tax
135 957
129 893
114 162
132 326
Living cost
38 033
38 033
38 033
38 033
Free-cash
97 924
91 860
76 129
94 293

Estimated living cost  is ₽38033 per week

₽26091
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3498
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽476
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7967
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽7573
₽12690
₽114063
₽86665
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
202 000
accident
-
-
-
254
income
-
-
-
57 004
pensions
-
-
-
4 181
other
-
-
-
372
health
-
-
-
2 191
total
-
-
-
64 002
Employee
37 650
-
183 375
-
health
4 311
-
20 997
-
income
5 165
-
44 112
-
pensions
4 239
-
7 666
-
total
13 715
-
72 775
-
Employer
37 650
-
183 375
-
accident
629
-
3 062
-
unemployment
922
-
4 493
-
pensions
6 122
-
11 070
-
total
7 673
-
18 625
-
Corporate
156 677
202 000
-
-
income

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

141 010
181 800
-
-
total
141 010
181 800
-
-
Dividends
15 668
20 200
-
-
withholding
2 977
3 838
-
-
total
2 977
3 838
-
-
Income
202 000
202 000
202 000
202 000
Total tax
165 375
185 638
91 400
64 002
After tax
36 625
16 362
110 600
137 998
Living cost
23 935
23 935
23 935
23 935
Free-cash
12 690
-7 573
86 665
114 063

Estimated living cost  is ₽23935 per week

₽17565
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1395
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.
₽4492
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽140825
₽151529
₽110017
₽132326
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
202 000
work injury
-
-
-
811
health insurance
-
-
-
12 007
income
-
-
-
33 657
pensions
-
-
-
29 856
unemployment
-
-
-
1 947
total
-
-
-
78 278
Employee

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

21 928
-
202 000
-
work injury
110
-
406
-
income
2 193
-
33 657
-
pensions
4 035
-
14 928
-
health insurance
1 623
-
6 004
-
unemployment
263
-
974
-
total
8 224
-
55 969
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
180 072
202 000
-
-
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%.

1 801
20 200
-
-
total
1 801
20 200
-
-
Dividends
178 271
181 800
-
-
withholding
26 741
27 270
-
-
total
26 741
27 270
-
-
Income
202 000
202 000
202 000
202 000
Total tax
36 766
47 470
55 969
78 278
After tax
165 234
154 530
146 031
123 722
Living cost
13 705
13 705
13 705
13 705
Free-cash
151 529
140 825
132 326
110 017

Estimated living cost  is ₽13705 per week

₽8490
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽996
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽428
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3791
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65976
₽61362
₽52863
₽44341
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
202 000
municipal
-
-
-
1 361
regional
-
-
-
4 697
national
-
-
-
51 871
social contributions
-
-
-
50 785
total
-
-
-
108 714
Employee
85 504
-
202 000
-
social contributions
28 831
-
66 580
-
regional
1 291
-
4 179
-
municipal
510
-
1 219
-
national
14 449
-
45 258
-
total
45 081
-
117 236
-
Employer
85 504
-
202 000
-
total
-
-
-
-
Corporate
116 496
202 000
-
-
nationa
27 959
48 480
-
-
municipal
5 615
9 736
-
-
total
33 574
58 216
-
-
Dividends
82 922
143 785
-
-
withholding
21 560
37 385
-
-
total
21 560
37 385
-
-
Income
202 000
202 000
202 000
202 000
Total tax
100 215
95 601
117 236
108 714
After tax
101 785
106 399
84 764
93 286
Living cost
40 423
40 423
40 423
40 423
Free-cash
61 362
65 976
44 341
52 863

Estimated living cost  is ₽40423 per week

₽28394
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.
₽610
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8636
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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

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

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

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

Close

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

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

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

Close