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
₽ 203000
per

Your estimated
City
free-cash

Dresden , Germany
₽71571
₽82811
₽71742
₽96273
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
203 000
trade
-
-
-
24 531
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.

-
-
-
65 413
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.

-
-
-
6 941
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.

-
-
-
3 598
total
-
-
-
100 483
Employee

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

38 861
-
203 000
-
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.

6 941
-
6 941
-
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
-
3 598
-
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.

1 086
-
65 413
-
total
8 087
-
75 952
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
164 139
203 000
-
-
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.

1 354
1 676
-
-
income
24 620
30 451
-
-
trade
25 852
31 972
-
-
chamber of commerce
389
445
-
-
total
52 215
64 544
-
-
Dividends
111 923
138 456
-
-
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.

1 517
1 882
-
-
withholding
27 595
34 228
-
-
total
29 112
36 110
-
-
Income
203 000
203 000
203 000
203 000
Total tax
89 414
100 654
75 952
100 483
After tax
113 586
102 346
127 048
102 517
Living cost
30 775
30 775
30 775
30 775
Free-cash
82 811
71 571
96 273
71 742

Estimated living cost  is ₽30775 per week

₽19358
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3588
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7254
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75404
₽74552
₽66150
₽67240
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
203 000
municipal
-
-
-
22 415
pensions
-
-
-
24 360
national
-
-
-
36 625
social contributions
-
-
-
2 182
total
-
-
-
85 582
Employee
79 474
-
175 492
-
municipal
9 816
-
23 200
-
pensions
3 179
-
7 020
-
national
15 211
-
38 346
-
total
28 206
-
68 566
-
Employer
79 474
-
175 492
-
social contributions
854
-
1 887
-
pensions
6 358
-
14 039
-
total
7 212
-
15 926
-
Corporate
111 068
203 000
-
-
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%.

22 214
40 600
-
-
total
22 214
40 600
-
-
Dividends
88 854
162 400
-
-
withholding
19 548
35 728
-
-
total
19 548
35 728
-
-
Income
203 000
203 000
203 000
203 000
Total tax
77 180
76 328
84 492
85 582
After tax
125 820
126 672
118 508
117 418
Living cost
51 268
51 268
51 268
51 268
Free-cash
74 552
75 404
67 240
66 150

Estimated living cost  is ₽51268 per week

₽34846
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4766
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽767
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10889
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽141262
₽132929
₽50979
₽65776
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
203 000
microenterprise
-
-
-
-
income
-
-
-
40 190
surtax
-
-
-
51 764
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.

-
-
-
38 929
total
-
-
-
130 883
Employee
29 689
-
156 604
-
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.

3 266
-
13 319
-
surtax
-
-
22 707
-
income
5 285
-
33 663
-
total
8 551
-
69 689
-
Employer
29 689
-
156 604
-
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.

7 151
-
29 171
-
surtax
-
-
17 226
-
total
7 151
-
46 397
-
Corporate
166 159
203 000
-
-
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%.

33 231
40 600
-
-
total
33 231
40 600
-
-
Dividends

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

132 928
162 400
-
-
total
-
-
-
-
Income
203 000
203 000
203 000
203 000
Total tax
48 933
40 600
116 086
130 883
After tax
154 067
162 400
86 914
72 117
Living cost
21 138
21 138
21 138
21 138
Free-cash
132 929
141 262
65 776
50 979

Estimated living cost  is ₽21138 per week

₽13485
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2013
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5160
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58298
₽52074
₽67838
₽86874
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
203 000
income
-
-
-
68 166
pensions
-
-
-
11 904
health
-
-
-
12 529
total
-
-
-
92 599
Employee
86 765
86 765
184 118
-
health
13 318
11 328
12 529
-
income

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

14 202
14 202
30 248
-
pensions
15 618
11 904
11 904
-
total
43 138
37 434
54 681
-
Employer
86 765
86 765
184 118
-
unemployment
3 124
3 124
3 881
-
pensions
6 039
6 039
7 506
-
health
6 031
6 031
7 495
-
total
15 194
15 194
18 882
-
Corporate
102 105
101 041
-
-
income
20 421
20 209
-
-
total
20 421
20 209
-
-
Dividends
81 685
80 832
-
-
income
17 357
17 178
-
-
withholding
12 253
12 124
-
-
total
29 610
29 302
-
-
Income
203 000
203 000
203 000
203 000
Total tax
108 363
102 139
73 563
92 599
After tax
94 637
100 861
129 437
110 401
Living cost
42 563
42 563
42 563
42 563
Free-cash
52 074
58 298
86 874
67 838

Estimated living cost  is ₽42563 per week

₽30164
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.
₽677
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7886
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71685
₽70805
₽63225
₽62276
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
203 000
municipal
-
-
-
53 122
accident
-
-
-
172
pensions
-
-
-
9 276
other
-
-
-
9 971
unemployment
-
-
-
86
health
-
-
-
5 354
national
-
-
-
22 641
total
-
-
-
100 622
Employee
55 789
-
176 039
-
municipal
16 636
-
52 495
-
national
-
-
22 115
-
total
16 636
-
74 610
-
Employer
55 789
-
176 039
-
accident
112
-
172
-
other
6 483
-
9 971
-
unemployment
1 473
-
2 265
-
pensions
6 031
-
9 276
-
health
3 431
-
5 277
-
total
17 530
-
26 961
-
Corporate
129 682
203 000
-
-
income
28 530
44 660
-
-
total
28 530
44 660
-
-
Dividends
101 152
158 340
-
-
withholding
30 346
47 502
-
-
total
30 346
47 502
-
-
Income
203 000
203 000
203 000
203 000
Total tax
93 042
92 162
101 571
100 622
After tax
109 958
110 838
101 429
102 378
Living cost
39 153
39 153
39 153
39 153
Free-cash
70 805
71 685
62 276
63 225

Estimated living cost  is ₽39153 per week

₽25949
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3842
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.
₽8767
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61387
₽75666
₽61511
₽87134
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
203 000
trade
-
-
-
25 623
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.

-
-
-
65 413
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.

-
-
-
6 941
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.

-
-
-
3 598
total
-
-
-
101 575
Employee

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

51 525
-
203 000
-
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.

6 941
-
6 941
-
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
-
3 598
-
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.

4 427
-
65 413
-
total
11 611
-
75 952
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
151 475
203 000
-
-
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.

1 249
1 676
-
-
income
22 721
30 451
-
-
trade
24 917
33 393
-
-
chamber of commerce
370
443
-
-
total
49 257
65 963
-
-
Dividends
102 217
137 037
-
-
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.

1 384
1 863
-
-
withholding
25 168
33 873
-
-
total
26 552
35 736
-
-
Income
203 000
203 000
203 000
203 000
Total tax
87 420
101 699
75 952
101 575
After tax
115 580
101 301
127 048
101 425
Living cost
39 914
39 914
39 914
39 914
Free-cash
75 666
61 387
87 134
61 511

Estimated living cost  is ₽39914 per week

₽26695
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4209
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽596
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8414
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽115058
₽110843
₽104593
₽102872
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
203 000
income
-
-
-
43 836
health
-
-
-
5 177
social contributions
-
-
-
16 439
total
-
-
-
65 452
Employee
78 128
78 128
190 726
-
social contributions
3 796
6 484
8 746
-
health
777
1 328
3 243
-
income
8 204
7 232
42 910
-
total
12 777
15 044
54 899
-
Employer
78 128
78 128
190 726
-
social contributions
3 796
6 484
8 746
-
health
846
1 446
3 528
-
total
4 642
7 930
12 274
-
Corporate
152 624
116 941
-
-
income
19 079
14 617
-
-
total
19 079
14 617
-
-
Dividends
133 546
102 324
-
-
withholding
22 704
17 396
-
-
total
22 704
17 396
-
-
Income
203 000
203 000
203 000
203 000
Total tax
59 202
54 987
67 173
65 452
After tax
143 798
148 013
135 827
137 548
Living cost
32 955
32 955
32 955
32 955
Free-cash
110 843
115 058
102 872
104 593

Estimated living cost  is ₽32955 per week

₽22528
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2574
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.
₽7300
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95579
₽95960
₽122224
₽99277
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
203 000
income
-
-
-
24 817
pensions
-
-
-
20 300
unemployment
-
-
-
3 045
health
-
-
-
14 210
total
-
-
-
62 372
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.

26 567
10 573
169 874
-
health
1 860
740
11 891
-
income
3 248
1 293
20 767
-
pensions
2 657
1 057
16 987
-
unemployment
399
159
2 548
-
total
8 164
3 249
52 193
-
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.

26 567
10 573
169 874
-
pensions
5 181
2 062
33 126
-
total
5 181
2 062
33 126
-
Corporate
171 253
190 365
-
-
income
15 413
17 133
-
-
total
15 413
17 133
-
-
Dividends
155 840
173 232
-
-
social contributions
30 268
33 659
-
-
withholding
29 610
32 914
-
-
total
59 878
66 573
-
-
Income
203 000
203 000
203 000
203 000
Total tax
88 636
89 017
85 319
62 372
After tax
114 364
113 983
117 681
140 628
Living cost
18 404
18 404
18 404
18 404
Free-cash
95 960
95 579
99 277
122 224

Estimated living cost  is ₽18404 per week

₽12559
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1506
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽368
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3971
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽137859
₽131548
₽84268
₽92465
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
203 000
income
-
-
-
27 202
pensions
-
-
-
40 599
health
-
-
-
26 390
total
-
-
-
94 191
Employee
28 823
-
151 716
-
income
3 245
-
29 252
-
pensions
577
-
3 035
-
unemployment
461
-
2 428
-
total
4 283
-
34 715
-
Employer
28 823
-
151 716
-
unemployment
231
-
1 213
-
pensions
5 765
-
30 343
-
health
3 746
-
19 723
-
total
9 742
-
51 279
-
Corporate
164 434
203 000
-
-
income
32 886
40 600
-
-
total
32 886
40 600
-
-
Dividends
131 548
162 400
-
-
total
-
-
-
-
Income
203 000
203 000
203 000
203 000
Total tax
46 911
40 600
85 994
94 191
After tax
156 089
162 400
117 006
108 809
Living cost
24 541
24 541
24 541
24 541
Free-cash
131 548
137 859
92 465
84 268

Estimated living cost  is ₽24541 per week

₽16833
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1462
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5754
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5750
₽13040
₽116487
₽88963
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
203 000
accident
-
-
-
255
income
-
-
-
57 294
pensions
-
-
-
4 197
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
64 320
Employee
34 910
-
184 294
-
health
3 997
-
21 101
-
income
4 789
-
44 341
-
pensions
3 931
-
7 696
-
total
12 717
-
73 138
-
Employer
34 910
-
184 294
-
accident
583
-
3 077
-
unemployment
855
-
4 515
-
pensions
5 677
-
11 114
-
total
7 115
-
18 706
-
Corporate
160 975
203 000
-
-
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.

144 877
182 700
-
-
total
144 877
182 700
-
-
Dividends
16 098
20 300
-
-
withholding
3 058
3 857
-
-
total
3 058
3 857
-
-
Income
203 000
203 000
203 000
203 000
Total tax
167 767
186 557
91 844
64 320
After tax
35 233
16 443
111 156
138 680
Living cost
22 193
22 193
22 193
22 193
Free-cash
13 040
-5 750
88 963
116 487

Estimated living cost  is ₽22193 per week

₽16265
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1230
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4235
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽183589
₽181853
₽191709
₽153139
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
203 000
microenterprise

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

-
-
-
2 030
total
-
-
-
2 030
Employee
11 576
-
203 000
-
income
2 315
-
40 600
-
total
2 315
-
40 600
-
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%.

191 424
203 000
-
-
total
-
-
-
-
Dividends
191 424
203 000
-
-
withholding
9 571
10 150
-
-
total
9 571
10 150
-
-
Income
203 000
203 000
203 000
203 000
Total tax
11 886
10 150
40 600
2 030
After tax
191 114
192 850
162 400
200 970
Living cost
9 261
9 261
9 261
9 261
Free-cash
181 853
183 589
153 139
191 709

Estimated living cost  is ₽9261 per week

₽5739
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
₽122070
₽115211
₽91062
₽89329
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
203 000
income
-
-
-
33 646
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.

-
-
-
37 082
other
-
-
-
7 338
health
-
-
-
6 799
total
-
-
-
84 865
Employee
36 891
-
163 990
-
health
517
-
2 163
-
income
6 351
-
33 067
-
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.

2 582
-
10 815
-
unemployment
368
-
1 544
-
total
9 818
-
47 589
-
Employer
36 891
-
163 990
-
accident
295
-
1 311
-
other
1 845
-
7 724
-
unemployment
368
-
1 544
-
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.

6 272
-
26 267
-
health
517
-
2 163
-
total
9 297
-
39 009
-
Corporate
156 811
203 000
-
-
income
32 930
42 631
-
-
total
32 930
42 631
-
-
Dividends
123 881
160 369
-
-
withholding
8 671
11 226
-
-
total
8 671
11 226
-
-
Income
203 000
203 000
203 000
203 000
Total tax
60 716
53 857
86 598
84 865
After tax
142 284
149 143
116 402
118 135
Living cost
27 073
27 073
27 073
27 073
Free-cash
115 211
122 070
89 329
91 062

Estimated living cost  is ₽27073 per week

₽19129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1828
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽436
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5680
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62010
₽69639
₽64491
₽46245
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
203 000
income
-
-
-
60 440
pensions
-
-
-
9 660
total
-
-
-
70 100
Employee
96 788
-
177 121
-
health
1 595
-
2 478
-
income
17 447
-
48 275
-
pensions
9 337
-
11 714
-
total
28 379
-
62 467
-
Employer
96 788
-
177 121
-
pensions
11 428
-
22 513
-
health
1 838
-
3 366
-
total
13 266
-
25 879
-
Corporate
92 946
203 000
-
-
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.

17 659
38 571
-
-
total
17 659
38 571
-
-
Dividends
75 287
164 429
-
-
withholding
5 648
34 010
-
-
total
5 648
34 010
-
-
Income
203 000
203 000
203 000
203 000
Total tax
64 952
72 581
88 346
70 100
After tax
138 048
130 419
114 654
132 900
Living cost
68 409
68 409
68 409
68 409
Free-cash
69 639
62 010
46 245
64 491

Estimated living cost  is ₽68409 per week

₽51260
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽8038
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8556
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽160243
₽155524
₽149751
₽157972
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
203 000
income
-
-
-
30 450
pensions

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

-
-
-
5 253
unemployment
-
-
-
142
health
-
-
-
4 082
total
-
-
-
39 927
Employee
17 641
-
196 037
-
health
811
-
1 633
-
accident

We are using the highest rate at 1.1%.

194
-
390
-
income
1 764
-
19 604
-
pensions

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

1 549
-
3 116
-
total
4 318
-
24 743
-
Employer
17 641
-
196 037
-
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.

1 944
-
3 911
-
health
1 218
-
2 449
-
total
3 461
-
6 963
-
Corporate
181 898
203 000
-
-
income
18 190
20 300
-
-
total
18 190
20 300
-
-
Dividends
163 708
182 700
-
-
withholding
8 185
9 135
-
-
total
8 185
9 135
-
-
Income
203 000
203 000
203 000
203 000
Total tax
34 154
29 435
31 706
39 927
After tax
168 846
173 565
171 294
163 073
Living cost
13 322
13 322
13 322
13 322
Free-cash
155 524
160 243
157 972
149 751

Estimated living cost  is ₽13322 per week

₽7778
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.
₽4240
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44520
₽47075
₽54060
₽73096
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
203 000
income
-
-
-
68 166
pensions
-
-
-
11 904
health
-
-
-
12 529
total
-
-
-
92 599
Employee
94 199
86 765
184 118
-
health
11 752
11 328
12 529
-
income

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

14 202
14 202
30 248
-
pensions
11 904
11 904
11 904
-
total
37 858
37 434
54 681
-
Employer
94 199
86 765
184 118
-
unemployment
3 392
3 124
3 881
-
pensions
6 556
6 039
7 506
-
health
6 546
6 031
7 495
-
total
16 494
15 194
18 882
-
Corporate
92 307
101 041
-
-
income
18 462
20 209
-
-
total
18 462
20 209
-
-
Dividends
73 846
80 832
-
-
income
15 693
17 178
-
-
withholding
11 077
12 124
-
-
total
26 770
29 302
-
-
Income
203 000
203 000
203 000
203 000
Total tax
99 584
102 139
73 563
92 599
After tax
103 416
100 861
129 437
110 401
Living cost
56 341
56 341
56 341
56 341
Free-cash
47 075
44 520
73 096
54 060

Estimated living cost  is ₽56341 per week

₽41561
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽5032
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽646
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9103
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽115491
₽106831
₽93819
₽85180
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
203 000
income
-
-
-
21 100
health
-
-
-
27 405
solidarity contribution
-
-
-
1 473
social contributions
-
-
-
34 929
total
-
-
-
84 907
Employee
35 697
-
158 803
-
social contributions
2 320
-
7 775
-
health
4 819
-
21 438
-
solidarity contribution
-
-
698
-
income
4 284
-
19 438
-
total
11 423
-
49 349
-
Employer
35 697
-
158 803
-
social contributions
8 924
-
29 905
-
health
3 213
-
14 292
-
total
12 137
-
44 197
-
Corporate
155 166
203 000
-
-
income
29 482
38 570
-
-
total
29 482
38 570
-
-
Dividends
125 685
164 430
-
-
withholding
18 853
24 665
-
-
total
18 853
24 665
-
-
Income
203 000
203 000
203 000
203 000
Total tax
71 895
63 235
93 546
84 907
After tax
131 105
139 765
109 454
118 093
Living cost
24 274
24 274
24 274
24 274
Free-cash
106 831
115 491
85 180
93 819

Estimated living cost  is ₽24274 per week

₽16861
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5209
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65435
₽60131
₽53359
₽44576
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
203 000
municipal
-
-
-
1 217
regional
-
-
-
2 445
national
-
-
-
52 254
social contributions
-
-
-
50 852
total
-
-
-
106 768
Employee
90 299
-
203 000
-
social contributions
30 449
-
66 669
-
regional
852
-
2 172
-
municipal
478
-
1 091
-
national
15 647
-
45 619
-
total
47 426
-
115 551
-
Employer
90 299
-
203 000
-
total
-
-
-
-
Corporate
112 701
203 000
-
-
nationa
27 048
48 720
-
-
municipal
4 396
7 917
-
-
total
31 444
56 637
-
-
Dividends
81 257
146 363
-
-
withholding
21 126
38 055
-
-
total
21 126
38 055
-
-
Income
203 000
203 000
203 000
203 000
Total tax
99 996
94 692
115 551
106 768
After tax
103 004
108 308
87 449
96 232
Living cost
42 873
42 873
42 873
42 873
Free-cash
60 131
65 435
44 576
53 359

Estimated living cost  is ₽42873 per week

₽29886
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2811
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.
₽9517
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽105267
₽102105
₽73326
₽67113
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
203 000
income
-
-
-
60 441
pensions
-
-
-
27 121
other
-
-
-
-
unemployment
-
-
-
231
health
-
-
-
9 627
surtax
-
-
-
9 833
total
-
-
-
107 253
Employee
33 600
-
174 456
-
other
-
-
-
-
health
858
-
3 457
-
surtax
110
-
8 619
-
income
5 632
-
54 363
-
pensions
2 240
-
9 045
-
unemployment
2 339
-
9 438
-
total
11 179
-
84 922
-
Employer
33 600
-
174 456
-
other
-
-
-
-
unemployment
1 064
-
4 298
-
pensions
4 479
-
18 076
-
health
1 529
-
6 170
-
total
7 072
-
28 544
-
Corporate
162 328
203 000
-
-
income
42 205
52 780
-
-
total
42 205
52 780
-
-
Dividends
120 123
150 220
-
-
withholding
18 018
22 532
-
-
total
18 018
22 532
-
-
Income
203 000
203 000
203 000
203 000
Total tax
78 474
75 312
113 466
107 253
After tax
124 526
127 688
89 534
95 747
Living cost
22 420
22 420
22 420
22 420
Free-cash
102 105
105 267
67 113
73 326

Estimated living cost  is ₽22420 per week

₽13709
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2069
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6126
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83684
₽90442
₽86165
₽67919
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
203 000
income
-
-
-
60 440
pensions
-
-
-
9 660
total
-
-
-
70 100
Employee
64 865
-
177 121
-
health
942
-
2 478
-
income
11 682
-
48 275
-
pensions
5 506
-
11 714
-
total
18 130
-
62 467
-
Employer
64 865
-
177 121
-
pensions
7 022
-
22 513
-
health
1 232
-
3 366
-
total
8 254
-
25 879
-
Corporate
129 881
203 000
-
-
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.

24 678
38 571
-
-
total
24 678
38 571
-
-
Dividends
105 203
164 429
-
-
withholding
14 761
34 010
-
-
total
14 761
34 010
-
-
Income
203 000
203 000
203 000
203 000
Total tax
65 823
72 581
88 346
70 100
After tax
137 177
130 419
114 654
132 900
Living cost
46 735
46 735
46 735
46 735
Free-cash
90 442
83 684
67 919
86 165

Estimated living cost  is ₽46735 per week

₽35014
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3503
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.
₽7729
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽15212
₽48419
₽84820
₽76402
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
203 000
city
-
-
-
2 139
pensions
-
-
-
18 676
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.

-
-
-
4 061
regional
-
-
-
10 792
health
-
-
-
456
national
-
-
-
4 441
total
-
-
-
40 565
Employee
90 829
-
182 117
-
city
975
-
1 962
-
regional
2 974
-
9 449
-
health
205
-
411
-
pensions
7 631
-
14 827
-
unemployment
-
-
-
-
national
430
-
3 454
-
total
12 215
-
30 103
-
Employer
90 829
-
182 117
-
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.

1 816
-
3 642
-
unemployment
-
-
-
-
pensions
7 631
-
14 827
-
health
205
-
411
-
total
9 652
-
18 880
-
Corporate
101 520
203 000
-
-
regional
21 471
42 935
-
-
national
8 630
17 255
-
-
total
30 101
60 190
-
-
Dividends
71 419
142 810
-
-
withholding
24 998
49 983
-
-
total
24 998
49 983
-
-
Income
203 000
203 000
203 000
203 000
Total tax
76 966
110 173
48 983
40 565
After tax
126 034
92 827
154 017
162 435
Living cost
77 615
77 615
77 615
77 615
Free-cash
48 419
15 212
76 402
84 820

Estimated living cost  is ₽77615 per week

₽50472
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6965
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽953
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19225
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽53713
₽70190
₽53791
₽80503
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
203 000
trade
-
-
-
26 712
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.

-
-
-
65 413
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.

-
-
-
6 941
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.

-
-
-
3 598
total
-
-
-
102 664
Employee

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

61 062
-
203 000
-
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.

6 941
-
6 941
-
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
-
3 598
-
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.

7 180
-
65 413
-
total
14 516
-
75 952
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
141 938
203 000
-
-
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.

1 170
1 676
-
-
income
21 290
30 451
-
-
trade
24 343
34 814
-
-
chamber of commerce
355
440
-
-
total
47 158
67 381
-
-
Dividends
94 780
135 620
-
-
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.

1 282
1 843
-
-
withholding
23 309
33 518
-
-
total
24 591
35 361
-
-
Income
203 000
203 000
203 000
203 000
Total tax
86 265
102 742
75 952
102 664
After tax
116 735
100 258
127 048
100 336
Living cost
46 545
46 545
46 545
46 545
Free-cash
70 190
53 713
80 503
53 791

Estimated living cost  is ₽46545 per week

₽33995
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3723
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.
₽8223
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67551
₽73551
₽78538
₽74073
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
203 000
income
-
-
-
34 381
pensions
-
-
-
33 908
other
-
-
-
6 293
health
-
-
-
9 334
surtax
-
-
-
-
social contributions
-
-
-
5 784
total
-
-
-
89 700
Employee
43 485
-
155 960
-
social contributions
1 240
-
4 442
-
surtax
-
-
-
-
income
2 566
-
31 360
-
pensions
4 917
-
11 322
-
total
8 723
-
47 124
-
Employer
43 485
-
155 960
-
other
1 500
-
6 286
-
social contributions
131
-
469
-
unemployment
1 760
-
6 317
-
pensions
7 144
-
18 975
-
health
3 045
-
14 994
-
total
13 580
-
47 041
-
Corporate
145 935
203 000
-
-
surtax
-
-
-
-
income
40 863
56 839
-
-
total
40 863
56 839
-
-
Dividends
105 073
146 161
-
-
surtax
-
-
-
-
social contributions
18 072
25 139
-
-
withholding
13 449
18 709
-
-
total
31 521
43 848
-
-
Income
203 000
203 000
203 000
203 000
Total tax
94 687
100 687
94 165
89 700
After tax
108 313
102 313
108 835
113 300
Living cost
34 762
34 762
34 762
34 762
Free-cash
73 551
67 551
74 073
78 538

Estimated living cost  is ₽34762 per week

₽21919
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2827
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9427
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70995
₽76639
₽81982
₽77517
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
203 000
income
-
-
-
34 381
pensions
-
-
-
33 908
other
-
-
-
6 293
health
-
-
-
9 334
surtax
-
-
-
-
social contributions
-
-
-
5 784
total
-
-
-
89 700
Employee
38 816
-
155 960
-
social contributions
1 107
-
4 442
-
surtax
-
-
-
-
income
2 001
-
31 360
-
pensions
4 390
-
11 322
-
total
7 498
-
47 124
-
Employer
38 816
-
155 960
-
other
1 340
-
6 286
-
social contributions
116
-
469
-
unemployment
1 571
-
6 317
-
pensions
6 378
-
18 975
-
health
2 717
-
14 994
-
total
12 122
-
47 041
-
Corporate
152 062
203 000
-
-
surtax
-
-
-
-
income
42 577
56 839
-
-
total
42 577
56 839
-
-
Dividends
109 485
146 161
-
-
surtax
-
-
-
-
social contributions
18 832
25 139
-
-
withholding
14 014
18 709
-
-
total
32 846
43 848
-
-
Income
203 000
203 000
203 000
203 000
Total tax
95 043
100 687
94 165
89 700
After tax
107 957
102 313
108 835
113 300
Living cost
31 318
31 318
31 318
31 318
Free-cash
76 639
70 995
77 517
81 982

Estimated living cost  is ₽31318 per week

₽18163
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3181
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.
₽9380
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽102303
₽102830
₽108820
₽103929
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
203 000
income
-
-
-
30 451
health
-
-
-
14 170
social contributions
-
-
-
28 014
total
-
-
-
72 635
Employee
34 450
-
203 000
-
social contributions
4 755
-
28 014
-
health
2 404
-
14 170
-
income
5 746
-
35 342
-
total
12 905
-
77 526
-
Employer
34 450
-
203 000
-
total
-
-
-
-
Corporate
168 550
203 000
-
-
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%.

8 428
10 150
-
-
total
8 428
10 150
-
-
Dividends
160 123
192 850
-
-
health
11 177
13 460
-
-
social contributions
22 096
26 614
-
-
withholding
24 019
28 928
-
-
total
57 292
69 002
-
-
Income
203 000
203 000
203 000
203 000
Total tax
78 625
79 152
77 526
72 635
After tax
124 375
123 848
125 474
130 365
Living cost
21 545
21 545
21 545
21 545
Free-cash
102 830
102 303
103 929
108 820

Estimated living cost  is ₽21545 per week

₽14418
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1328
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5300
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76288
₽74719
₽68453
₽17689
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
203 000
chamber of commerce
-
-
-
812
income
-
-
-
60 462
pensions
-
-
-
21 959
unemployment
-
-
-
6 232
health
-
-
-
9 080
surtax
-
-
-
201
total
-
-
-
98 746
Employee
50 777
40 491
165 242
-
other
507
405
1 188
-
health
1 965
1 568
4 593
-
income
5 781
2 987
49 909
-
pensions
5 200
4 145
12 155
-
unemployment
1 523
1 215
3 561
-
total
14 976
10 320
71 406
-
Employer
50 777
40 491
165 242
-
accident
659
526
1 542
-
other
2 412
1 922
7 452
-
chamber of commerce
202
162
661
-
unemployment
1 523
1 215
3 561
-
surtax
201
201
201
-
pensions
6 372
5 083
14 897
-
payroll
1 523
1 215
4 957
-
health
1 918
1 531
4 487
-
total
14 810
11 855
37 758
-
Corporate
137 411
150 655
161 385
-
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.

34 353
37 664
40 346
-
total
34 353
37 664
40 346
-
Dividends
103 058
112 991
-
-
withholding
28 341
31 072
-
-
total
28 341
31 072
-
-
Income
203 000
203 000
203 000
203 000
Total tax
92 480
90 911
149 510
98 746
After tax
110 520
112 089
53 490
104 254
Living cost
35 801
35 801
35 801
35 801
Free-cash
74 719
76 288
17 689
68 453

Estimated living cost  is ₽35801 per week

₽23878
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3054
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽588
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8281
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75782
₽61198
₽51117
₽33084
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
203 000
national
-
-
-
78 845
communal

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

-
-
-
10 661
social contributions
-
-
-
25 331
total
-
-
-
114 837
Employee

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

72 678
-
157 228
-
communal

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

3 791
-
8 200
-
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.

3 415
-
7 390
-
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.

5 451
-
11 792
-
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
-
1 367
-
national
22 344
-
58 349
-
total
35 633
-
87 098
-
Employer

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

72 678
-
157 228
-
accident

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

945
-
2 044
-
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.

1 060
-
2 296
-
surtax
8 241
-
17 831
-
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.

6 440
-
13 931
-
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.

4 469
-
9 670
-
total
21 155
-
45 772
-
Corporate
109 167
203 000
-
-
surtax
436
831
-
-
income
21 834
41 516
-
-
total
22 270
42 347
-
-
Dividends
86 897
160 653
-
-
withholding

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

25 698
47 825
-
-
total
25 698
47 825
-
-
Income
203 000
203 000
203 000
203 000
Total tax
104 756
90 172
132 870
114 837
After tax
98 244
112 828
70 130
88 163
Living cost
37 046
37 046
37 046
37 046
Free-cash
61 198
75 782
33 084
51 117

Estimated living cost  is ₽37046 per week

₽23862
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3239
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.
₽9365
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brussels model

Close
Barcelona , Spain
₽98329
₽91370
₽76963
₽72698
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
203 000
accident
-
-
-
848
income
-
-
-
61 093
pensions
-
-
-
26 650
other
-
-
-
94
unemployment
-
-
-
659
total
-
-
-
89 344
Employee
50 576
-
172 977
-
other
50
-
94
-
income
10 671
-
57 606
-
pensions
2 377
-
4 427
-
unemployment
785
-
1 460
-
total
13 883
-
63 587
-
Employer
50 576
-
172 977
-
accident
1 001
-
1 864
-
other
403
-
754
-
unemployment
2 782
-
5 179
-
pensions
11 935
-
22 225
-
total
16 121
-
30 022
-
Corporate
136 303
203 000
-
-
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.

20 446
30 451
-
-
total
20 446
30 451
-
-
Dividends
115 857
172 549
-
-
withholding
24 487
37 527
-
-
total
24 487
37 527
-
-
Income
203 000
203 000
203 000
203 000
Total tax
74 937
67 978
93 609
89 344
After tax
128 063
135 022
109 391
113 656
Living cost
36 693
36 693
36 693
36 693
Free-cash
91 370
98 329
72 698
76 963

Estimated living cost  is ₽36693 per week

₽27021
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2603
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.
₽6540
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61702
₽48014
₽42459
₽50550
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
203 000
accident
-
-
-
1 712
income
-
-
-
36 030
pensions
-
-
-
30 428
health
-
-
-
14 262
surtax
-
-
-
10 063
communal
-
-
-
12 830
total
-
-
-
105 325
Employee
76 944
-
181 332
-
health
3 424
-
8 069
-
surtax
4 716
-
11 114
-
income
7 432
-
41 876
-
pensions
6 155
-
14 507
-
total
21 727
-
75 566
-
Employer
76 944
-
181 332
-
accident
692
-
1 631
-
pensions
6 155
-
14 507
-
health
2 347
-
5 530
-
total
9 194
-
21 668
-
Corporate
116 863
203 000
-
-
surtax
1 226
2 133
-
-
communal
7 888
13 703
-
-
income
17 529
30 451
-
-
total
26 643
46 287
-
-
Dividends
90 220
156 714
-
-
income
28 673
16 287
-
-
withholding
13 533
23 508
-
-
total
42 206
39 795
-
-
Income
203 000
203 000
203 000
203 000
Total tax
99 770
86 082
97 234
105 325
After tax
103 230
116 918
105 766
97 675
Living cost
55 216
55 216
55 216
55 216
Free-cash
48 014
61 702
50 550
42 459

Estimated living cost  is ₽55216 per week

₽41420
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3345
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9864
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽104867
₽101636
₽72926
₽66713
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
203 000
income
-
-
-
60 441
pensions
-
-
-
27 121
other
-
-
-
-
unemployment
-
-
-
231
health
-
-
-
9 627
surtax
-
-
-
9 833
total
-
-
-
107 253
Employee
34 217
-
174 456
-
other
-
-
-
-
health
873
-
3 457
-
surtax
121
-
8 619
-
income
5 736
-
54 363
-
pensions
2 283
-
9 045
-
unemployment
2 381
-
9 438
-
total
11 394
-
84 922
-
Employer
34 217
-
174 456
-
other
-
-
-
-
unemployment
1 086
-
4 298
-
pensions
4 562
-
18 076
-
health
1 556
-
6 170
-
total
7 204
-
28 544
-
Corporate
161 580
203 000
-
-
income
42 010
52 780
-
-
total
42 010
52 780
-
-
Dividends
119 570
150 220
-
-
withholding
17 935
22 532
-
-
total
17 935
22 532
-
-
Income
203 000
203 000
203 000
203 000
Total tax
78 543
75 312
113 466
107 253
After tax
124 457
127 688
89 534
95 747
Living cost
22 821
22 821
22 821
22 821
Free-cash
101 636
104 867
66 713
72 926

Estimated living cost  is ₽22821 per week

₽13778
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1984
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.
₽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 of data for Athens model

Close
Naples , Italy
₽79330
₽77076
₽68219
₽59483
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
203 000
municipal
-
-
-
1 217
regional
-
-
-
3 088
national
-
-
-
52 254
social contributions
-
-
-
50 852
total
-
-
-
107 411
Employee
56 361
-
203 000
-
social contributions
19 005
-
66 669
-
regional
759
-
2 768
-
municipal
299
-
1 091
-
national
8 929
-
45 619
-
total
28 992
-
116 147
-
Employer
56 361
-
203 000
-
total
-
-
-
-
Corporate
146 639
203 000
-
-
nationa
35 194
48 720
-
-
municipal
7 288
10 090
-
-
total
42 482
58 810
-
-
Dividends
104 157
144 190
-
-
withholding
27 080
37 490
-
-
total
27 080
37 490
-
-
Income
203 000
203 000
203 000
203 000
Total tax
98 554
96 300
116 147
107 411
After tax
104 446
106 700
86 853
95 589
Living cost
27 370
27 370
27 370
27 370
Free-cash
77 076
79 330
59 483
68 219

Estimated living cost  is ₽27370 per week

₽17021
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.
₽469
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7107
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽109853
₽99183
₽88181
₽79542
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
203 000
income
-
-
-
21 100
health
-
-
-
27 405
solidarity contribution
-
-
-
1 473
social contributions
-
-
-
34 929
total
-
-
-
84 907
Employee
43 988
-
158 803
-
social contributions
2 859
-
7 775
-
health
5 938
-
21 438
-
solidarity contribution
-
-
698
-
income
5 278
-
19 438
-
total
14 075
-
49 349
-
Employer
43 988
-
158 803
-
social contributions
10 997
-
29 905
-
health
3 959
-
14 292
-
total
14 956
-
44 197
-
Corporate
144 057
203 000
-
-
income
27 371
38 570
-
-
total
27 371
38 570
-
-
Dividends
116 686
164 430
-
-
withholding
17 503
24 665
-
-
total
17 503
24 665
-
-
Income
203 000
203 000
203 000
203 000
Total tax
73 905
63 235
93 546
84 907
After tax
129 095
139 765
109 454
118 093
Living cost
29 912
29 912
29 912
29 912
Free-cash
99 183
109 853
79 542
88 181

Estimated living cost  is ₽29912 per week

₽22244
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1657
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5493
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79783
₽79283
₽72040
₽21127
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
203 000
chamber of commerce
-
-
-
812
income
-
-
-
60 462
pensions
-
-
-
21 959
unemployment
-
-
-
6 232
health
-
-
-
9 080
surtax
-
-
-
-
total
-
-
-
98 545
Employee
44 414
40 491
165 429
-
other
443
405
1 188
-
health
1 718
1 568
4 593
-
income
3 957
2 987
49 998
-
pensions
4 548
4 145
12 155
-
unemployment
1 332
1 215
3 561
-
total
11 998
10 320
71 495
-
Employer
44 414
40 491
165 429
-
accident
577
526
1 542
-
other
2 109
1 922
7 460
-
chamber of commerce
177
162
661
-
unemployment
1 332
1 215
3 561
-
surtax
-
-
-
-
pensions
5 574
5 083
14 897
-
payroll
1 332
1 215
4 963
-
health
1 679
1 531
4 487
-
total
12 780
11 654
37 571
-
Corporate
145 805
150 856
161 572
-
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.

36 451
37 714
40 392
-
total
36 451
37 714
40 392
-
Dividends
109 353
113 142
-
-
withholding
30 073
31 114
-
-
total
30 073
31 114
-
-
Income
203 000
203 000
203 000
203 000
Total tax
91 302
90 802
149 458
98 545
After tax
111 698
112 198
53 542
104 455
Living cost
32 415
32 415
32 415
32 415
Free-cash
79 283
79 783
21 127
72 040

Estimated living cost  is ₽32415 per week

₽19445
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3311
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.
₽9081
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽178418
₽175712
₽186538
₽147968
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
203 000
microenterprise

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

-
-
-
2 030
total
-
-
-
2 030
Employee
18 040
-
203 000
-
income
3 608
-
40 600
-
total
3 608
-
40 600
-
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%.

184 960
203 000
-
-
total
-
-
-
-
Dividends
184 960
203 000
-
-
withholding
9 248
10 150
-
-
total
9 248
10 150
-
-
Income
203 000
203 000
203 000
203 000
Total tax
12 856
10 150
40 600
2 030
After tax
190 144
192 850
162 400
200 970
Living cost
14 432
14 432
14 432
14 432
Free-cash
175 712
178 418
147 968
186 538

Estimated living cost  is ₽14432 per week

₽9766
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.
₽3575
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽112513
₽104015
₽69693
₽65284
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
203 000
income
-
-
-
48 703
pensions
-
-
-
37 072
unemployment
-
-
-
305
health
-
-
-
19 975
total
-
-
-
106 055
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.

44 929
-
175 652
-
health
2 902
-
11 347
-
income
7 748
-
44 296
-
pensions
6 964
-
27 225
-
unemployment
64
-
247
-
total
17 678
-
83 115
-
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.

44 929
-
175 652
-
unemployment
27
-
106
-
pensions
3 976
-
15 545
-
health
2 992
-
11 698
-
total
6 995
-
27 349
-
Corporate
151 075
203 000
-
-
income
28 704
38 570
-
-
total
28 704
38 570
-
-
Dividends
122 371
164 430
-
-
withholding
18 356
24 665
-
-
total
18 356
24 665
-
-
Income
203 000
203 000
203 000
203 000
Total tax
71 733
63 235
110 464
106 055
After tax
131 267
139 765
92 536
96 945
Living cost
27 252
27 252
27 252
27 252
Free-cash
104 015
112 513
65 284
69 693

Estimated living cost  is ₽27252 per week

₽18703
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1747
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽6276
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79605
₽31209
₽96389
₽145715
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
203 000
income
-
-
-
39 569
social contributions
-
-
-
23 142
total
-
-
-
62 711
Employee
62 947
-
-
-
social contributions
5 162
-
736
-
income
13 885
-
-
-
total
19 047
-
736
-
Employer
62 947
-
-
-
social contributions
88 755
-
12 649
-
total
88 755
-
12 649
-
Corporate
51 298
203 000
-
-
income
11 286
44 660
-
-
total
11 286
44 660
-
-
Dividends
40 012
158 340
-
-
income
8 803
34 835
-
-
total
8 803
34 835
-
-
Income
203 000
203 000
203 000
203 000
Total tax
127 891
79 495
13 385
62 711
After tax
75 109
123 505
189 615
140 289
Living cost
43 900
43 900
43 900
43 900
Free-cash
31 209
79 605
145 715
96 389

Estimated living cost  is ₽43900 per week

₽28484
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4129
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10728
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83595
₽82573
₽75305
₽59913
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
203 000
income
-
-
-
25 283
surtax
-
-
-
-
social contributions

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

-
-
-
70 542
total
-
-
-
95 825
Employee
46 730
-
164 040
-
social contributions
5 140
-
18 045
-
surtax
-
-
-
-
income
9 720
-
54 212
-
total
14 860
-
72 257
-
Employer
46 730
-
164 040
-
social contributions
11 098
-
38 960
-
total
11 098
-
38 960
-
Corporate
145 172
203 000
-
-
surtax
-
-
-
-
income
30 486
42 631
-
-
total
30 486
42 631
-
-
Dividends
114 686
160 369
-
-
withholding
32 113
44 904
-
-
total
32 113
44 904
-
-
Income
203 000
203 000
203 000
203 000
Total tax
88 557
87 535
111 217
95 825
After tax
114 443
115 465
91 783
107 175
Living cost
31 870
31 870
31 870
31 870
Free-cash
82 573
83 595
59 913
75 305

Estimated living cost  is ₽31870 per week

₽23845
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1880
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽532
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5613
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53240
₽60225
₽64227
₽59762
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
203 000
income
-
-
-
34 381
pensions
-
-
-
33 908
other
-
-
-
6 293
health
-
-
-
9 334
surtax
-
-
-
-
social contributions
-
-
-
5 784
total
-
-
-
89 700
Employee
63 636
-
155 960
-
social contributions
1 812
-
4 442
-
surtax
-
-
-
-
income
5 552
-
31 360
-
pensions
7 198
-
11 322
-
total
14 562
-
47 124
-
Employer
63 636
-
155 960
-
other
2 196
-
6 286
-
social contributions
191
-
469
-
unemployment
2 578
-
6 317
-
pensions
10 456
-
18 975
-
health
4 454
-
14 994
-
total
19 875
-
47 041
-
Corporate
119 489
203 000
-
-
surtax
-
-
-
-
income
33 457
56 839
-
-
total
33 457
56 839
-
-
Dividends
86 032
146 161
-
-
surtax
-
-
-
-
social contributions
14 796
25 139
-
-
withholding
11 012
18 709
-
-
total
25 808
43 848
-
-
Income
203 000
203 000
203 000
203 000
Total tax
93 702
100 687
94 165
89 700
After tax
109 298
102 313
108 835
113 300
Living cost
49 073
49 073
49 073
49 073
Free-cash
60 225
53 240
59 762
64 227

Estimated living cost  is ₽49073 per week

₽33212
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4014
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽673
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11173
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽152159
₽148744
₽118135
₽123529
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
203 000
income
-
-
-
9 664
social contributions
-
-
-
44 659
total
-
-
-
54 323
Employee
32 665
-
175 758
-
income
-
-
10 263
-
social contributions
2 123
-
11 424
-
total
2 123
-
21 687
-
Employer
32 665
-
175 758
-
social contributions
5 063
-
27 242
-
total
5 063
-
27 242
-
Corporate
165 272
203 000
-
-
income
16 528
20 299
-
-
total
16 528
20 299
-
-
Dividends
148 744
182 701
-
-
total
-
-
-
-
Income
203 000
203 000
203 000
203 000
Total tax
23 714
20 299
48 929
54 323
After tax
179 286
182 701
154 071
148 677
Living cost
30 542
30 542
30 542
30 542
Free-cash
148 744
152 159
123 529
118 135

Estimated living cost  is ₽30542 per week

₽19748
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2302
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7917
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽18348
-₽18348
₽69409
-₽18348
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
203 000
municipal
-
-
-
43 000
pensions
-
-
-
881
national
-
-
-
24 614
labour market
-
-
-
16 169
total
-
-
-
84 664
Employee
206 511
206 511
206 511
-
labour market
16 497
16 497
16 497
-
national
25 229
25 229
25 229
-
municipal
43 975
43 975
43 975
-
pensions
294
294
294
-
total
85 995
85 995
85 995
-
Employer
206 511
206 511
206 511
-
labour market
16 521
16 521
16 521
-
municipal
44 045
44 045
44 045
-
pensions
587
587
587
-
national
25 273
25 273
25 273
-
total
86 426
86 426
86 426
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
203 000
203 000
203 000
203 000
Total tax
172 421
172 421
172 421
84 664
After tax
30 579
30 579
30 579
118 336
Living cost
48 927
48 927
48 927
48 927
Free-cash
-18 348
-18 348
-18 348
69 409

Estimated living cost  is ₽48927 per week

₽33486
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4328
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.
₽10360
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5422
₽13089
₽116815
₽89291
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
203 000
accident
-
-
-
255
income
-
-
-
57 294
pensions
-
-
-
4 197
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
64 320
Employee
34 396
-
184 294
-
health
3 939
-
21 101
-
income
4 719
-
44 341
-
pensions
3 873
-
7 696
-
total
12 531
-
73 138
-
Employer
34 396
-
184 294
-
accident
574
-
3 077
-
unemployment
843
-
4 515
-
pensions
5 593
-
11 114
-
total
7 010
-
18 706
-
Corporate
161 594
203 000
-
-
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.

145 435
182 700
-
-
total
145 435
182 700
-
-
Dividends
16 160
20 300
-
-
withholding
3 070
3 857
-
-
total
3 070
3 857
-
-
Income
203 000
203 000
203 000
203 000
Total tax
168 046
186 557
91 844
64 320
After tax
34 954
16 443
111 156
138 680
Living cost
21 865
21 865
21 865
21 865
Free-cash
13 089
-5 422
89 291
116 815

Estimated living cost  is ₽21865 per week

₽15916
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1246
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽410
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4293
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86702
₽89834
₽88434
₽65182
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
203 000
municipal
-
-
-
36 054
health
-
-
-
2 701
national
-
-
-
36 803
total
-
-
-
75 558
Employee
53 456
-
170 773
-
health
399
-
2 206
-
municipal
8 756
-
27 805
-
pensions
3 608
-
11 526
-
unemployment
802
-
2 562
-
national
883
-
22 484
-
total
14 448
-
66 583
-
Employer
53 456
-
170 773
-
accident
54
-
172
-
unemployment
347
-
1 111
-
pensions
9 274
-
29 629
-
health
411
-
1 315
-
total
10 086
-
32 227
-
Corporate
139 458
203 000
-
-
income
27 892
40 600
-
-
total
27 892
40 600
-
-
Dividends

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

83 674
121 800
-
-
national
6 671
14 765
-
-
municipal
15 061
21 925
-
-
total
21 732
36 690
-
-
Income
203 000
203 000
203 000
203 000
Total tax
74 158
77 290
98 810
75 558
After tax
128 842
125 710
104 190
127 442
Living cost
39 008
39 008
39 008
39 008
Free-cash
89 834
86 702
65 182
88 434

Estimated living cost  is ₽39008 per week

₽25480
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3752
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽621
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9157
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽124489
₽118958
₽114024
₽112303
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
203 000
income
-
-
-
43 836
health
-
-
-
5 177
social contributions
-
-
-
16 439
total
-
-
-
65 452
Employee
78 128
78 128
190 726
-
social contributions
2 954
6 484
8 746
-
health
605
1 328
3 243
-
income
8 507
7 232
42 910
-
total
12 066
15 044
54 899
-
Employer
78 128
78 128
190 726
-
social contributions
2 954
6 484
8 746
-
health
657
1 446
3 528
-
total
3 611
7 930
12 274
-
Corporate
163 798
116 941
-
-
income
20 475
14 617
-
-
total
20 475
14 617
-
-
Dividends
143 324
102 324
-
-
withholding
24 366
17 396
-
-
total
24 366
17 396
-
-
Income
203 000
203 000
203 000
203 000
Total tax
60 518
54 987
67 173
65 452
After tax
142 482
148 013
135 827
137 548
Living cost
23 524
23 524
23 524
23 524
Free-cash
118 958
124 489
112 303
114 024

Estimated living cost  is ₽23524 per week

₽14098
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2308
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽521
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6598
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽151971
₽146802
₽155846
₽135468
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
203 000
income
-
-
-
20 853
pensions
-
-
-
6 463
unemployment
-
-
-
29
health
-
-
-
3 677
total
-
-
-
31 022
Employee

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

23 322
-
193 070
-
health
1 982
-
8 195
-
income
1 595
-
18 333
-
pensions
3 498
-
14 461
-
unemployment
116
-
482
-
total
7 191
-
41 471
-
Employer

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

23 322
-
193 070
-
unemployment
116
-
482
-
pensions
1 282
-
5 302
-
health
1 003
-
4 145
-
total
2 401
-
9 929
-
Corporate
177 278
203 000
-
-
income
15 955
18 271
-
-
total
15 955
18 271
-
-
Dividends
161 323
184 729
-
-
withholding
14 519
16 626
-
-
total
14 519
16 626
-
-
Income
203 000
203 000
203 000
203 000
Total tax
40 066
34 897
51 400
31 022
After tax
162 934
168 103
151 600
171 978
Living cost
16 132
16 132
16 132
16 132
Free-cash
146 802
151 971
135 468
155 846

Estimated living cost  is ₽16132 per week

₽10292
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1163
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4196
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽107082
₽102596
₽85716
₽81451
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
203 000
accident
-
-
-
848
income
-
-
-
61 093
pensions
-
-
-
26 650
other
-
-
-
94
unemployment
-
-
-
659
total
-
-
-
89 344
Employee
37 569
-
172 977
-
other
37
-
94
-
income
7 243
-
57 606
-
pensions
1 766
-
4 427
-
unemployment
582
-
1 460
-
total
9 628
-
63 587
-
Employer
37 569
-
172 977
-
accident
744
-
1 864
-
other
301
-
754
-
unemployment
2 067
-
5 179
-
pensions
8 866
-
22 225
-
total
11 978
-
30 022
-
Corporate
153 454
203 000
-
-
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.

23 018
30 451
-
-
total
23 018
30 451
-
-
Dividends
130 436
172 549
-
-
withholding
27 840
37 527
-
-
total
27 840
37 527
-
-
Income
203 000
203 000
203 000
203 000
Total tax
72 464
67 978
93 609
89 344
After tax
130 536
135 022
109 391
113 656
Living cost
27 940
27 940
27 940
27 940
Free-cash
102 596
107 082
81 451
85 716

Estimated living cost  is ₽27940 per week

₽18859
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2686
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5906
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽123891
₽123435
₽127535
₽127338
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
203 000
income
-
-
-
69 184
pensions
-
-
-
2 029
health
-
-
-
1 471
total
-
-
-
72 684
Employee
4 236
-
200 718
-
health
212
-
507
-
income
820
-
69 077
-
pensions
381
-
913
-
unemployment
42
-
101
-
total
1 455
-
70 598
-
Employer
4 236
-
200 718
-
unemployment
85
-
203
-
pensions
466
-
1 116
-
health
402
-
964
-
total
953
-
2 283
-
Corporate
197 810
203 000
-
-
income
43 518
44 660
-
-
total
43 518
44 660
-
-
Dividends
154 292
158 340
-
-
withholding
30 858
31 668
-
-
total
30 858
31 668
-
-
Income
203 000
203 000
203 000
203 000
Total tax
76 784
76 328
72 881
72 684
After tax
126 216
126 672
130 119
130 316
Living cost
2 781
2 781
2 781
2 781
Free-cash
123 435
123 891
127 338
127 535

Estimated living cost  is ₽2781 per week

₽1653
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽225
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.
₽839
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽129108
₽124111
₽110568
₽110569
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
203 000
income
-
-
-
46 509
pensions
-
-
-
19 509
unemployment
-
-
-
1 126
health
-
-
-
7 729
total
-
-
-
74 873
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.

26 477
-
189 569
-
health
1 364
-
3 864
-
income
3 650
-
46 509
-
pensions
3 707
-
10 505
-
unemployment
199
-
563
-
total
8 920
-
61 441
-
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.

26 477
-
189 569
-
unemployment
199
-
563
-
pensions
3 177
-
9 004
-
health
1 364
-
3 864
-
total
4 740
-
13 431
-
Corporate
171 784
203 000
-
-
income
25 768
30 450
-
-
total
25 768
30 450
-
-
Dividends
146 016
172 550
-
-
withholding
21 902
25 883
-
-
total
21 902
25 883
-
-
Income
203 000
203 000
203 000
203 000
Total tax
61 330
56 333
74 872
74 873
After tax
141 670
146 667
128 128
128 127
Living cost
17 559
17 559
17 559
17 559
Free-cash
124 111
129 108
110 569
110 568

Estimated living cost  is ₽17559 per week

₽11822
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.
₽3870
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88073
₽87709
₽79783
₽64391
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
203 000
income
-
-
-
25 283
surtax
-
-
-
-
social contributions

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

-
-
-
70 542
total
-
-
-
95 825
Employee
39 435
-
164 040
-
social contributions
4 338
-
18 045
-
surtax
-
-
-
-
income
7 705
-
54 212
-
total
12 043
-
72 257
-
Employer
39 435
-
164 040
-
social contributions
9 365
-
38 960
-
total
9 365
-
38 960
-
Corporate
154 200
203 000
-
-
surtax
-
-
-
-
income
32 383
42 631
-
-
total
32 383
42 631
-
-
Dividends
121 818
160 369
-
-
withholding
34 108
44 904
-
-
total
34 108
44 904
-
-
Income
203 000
203 000
203 000
203 000
Total tax
87 899
87 535
111 217
95 825
After tax
115 101
115 465
91 783
107 175
Living cost
27 392
27 392
27 392
27 392
Free-cash
87 709
88 073
64 391
79 783

Estimated living cost  is ₽27392 per week

₽19401
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1903
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5603
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99314
₽92667
₽77948
₽73683
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
203 000
accident
-
-
-
848
income
-
-
-
61 093
pensions
-
-
-
26 650
other
-
-
-
94
unemployment
-
-
-
659
total
-
-
-
89 344
Employee
49 070
-
172 977
-
other
48
-
94
-
income
10 249
-
57 606
-
pensions
2 306
-
4 427
-
unemployment
760
-
1 460
-
total
13 363
-
63 587
-
Employer
49 070
-
172 977
-
accident
972
-
1 864
-
other
393
-
754
-
unemployment
2 699
-
5 179
-
pensions
11 580
-
22 225
-
total
15 644
-
30 022
-
Corporate
138 285
203 000
-
-
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.

20 743
30 451
-
-
total
20 743
30 451
-
-
Dividends
117 543
172 549
-
-
withholding
24 875
37 527
-
-
total
24 875
37 527
-
-
Income
203 000
203 000
203 000
203 000
Total tax
74 625
67 978
93 609
89 344
After tax
128 375
135 022
109 391
113 656
Living cost
35 708
35 708
35 708
35 708
Free-cash
92 667
99 314
73 683
77 948

Estimated living cost  is ₽35708 per week

₽25644
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2776
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.
₽6785
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽156086
₽149894
₽145594
₽153815
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
203 000
income
-
-
-
30 450
pensions

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

-
-
-
5 253
unemployment
-
-
-
142
health
-
-
-
4 082
total
-
-
-
39 927
Employee
23 145
-
196 037
-
health
1 065
-
1 633
-
accident

We are using the highest rate at 1.1%.

254
-
390
-
income
2 315
-
19 604
-
pensions

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

2 032
-
3 116
-
total
5 666
-
24 743
-
Employer
23 145
-
196 037
-
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.

2 551
-
3 911
-
health
1 597
-
2 449
-
total
4 541
-
6 963
-
Corporate
175 314
203 000
-
-
income
17 531
20 300
-
-
total
17 531
20 300
-
-
Dividends
157 782
182 700
-
-
withholding
7 889
9 135
-
-
total
7 889
9 135
-
-
Income
203 000
203 000
203 000
203 000
Total tax
35 627
29 435
31 706
39 927
After tax
167 373
173 565
171 294
163 073
Living cost
17 479
17 479
17 479
17 479
Free-cash
149 894
156 086
153 815
145 594

Estimated living cost  is ₽17479 per week

₽11561
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1001
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.
₽4502
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65206
₽78502
₽65471
₽87822
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
203 000
trade
-
-
-
22 351
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.

-
-
-
65 413
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.

-
-
-
6 941
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.

-
-
-
3 598
total
-
-
-
98 303
Employee

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

50 554
-
203 000
-
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.

6 941
-
6 941
-
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
-
3 598
-
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.

4 157
-
65 413
-
total
11 327
-
75 952
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
152 446
203 000
-
-
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.

1 257
1 676
-
-
income
22 868
30 451
-
-
trade
21 876
29 130
-
-
chamber of commerce
378
451
-
-
total
46 379
61 708
-
-
Dividends
106 067
141 292
-
-
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.

1 436
1 922
-
-
withholding
26 130
34 938
-
-
total
27 566
36 860
-
-
Income
203 000
203 000
203 000
203 000
Total tax
85 272
98 568
75 952
98 303
After tax
117 728
104 432
127 048
104 697
Living cost
39 226
39 226
39 226
39 226
Free-cash
78 502
65 206
87 822
65 471

Estimated living cost  is ₽39226 per week

₽27059
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4221
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7377
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84222
₽86466
₽46291
₽46291
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
203 000
income
-
-
-
64 407
social contributions
-
-
-
34 424
total
-
-
-
98 831
Employee
79 477
-
203 000
-
income
14 997
-
64 407
-
social contributions
6 603
-
34 424
-
total
21 600
-
98 831
-
Employer
79 477
-
203 000
-
total
-
-
-
-
Corporate
123 523
203 000
-
-
income
15 440
25 374
-
-
total
15 440
25 374
-
-
Dividends
108 083
177 626
-
-
withholding
21 616
35 526
-
-
total
21 616
35 526
-
-
Income
203 000
203 000
203 000
203 000
Total tax
58 656
60 900
98 831
98 831
After tax
144 344
142 100
104 169
104 169
Living cost
57 878
57 878
57 878
57 878
Free-cash
86 466
84 222
46 291
46 291

Estimated living cost  is ₽57878 per week

₽44033
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4716
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.
₽8576
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89701
₽93251
₽128855
₽105987
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
203 000
income
-
-
-
30 451
health

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

-
-
-
6 812
total
-
-
-
37 263
Employee
46 610
-
198 326
-
income
5 057
-
50 783
-
social contributions
4 670
-
4 674
-
total
9 727
-
55 457
-
Employer
46 610
-
198 326
-
social contributions
4 670
-
4 674
-
total
4 670
-
4 674
-
Corporate
151 720
203 000
-
-
income
53 102
71 049
-
-
total
53 102
71 049
-
-
Dividends
98 618
131 951
-
-
social contributions
5 368
5 368
-
-
total
5 368
5 368
-
-
Income
203 000
203 000
203 000
203 000
Total tax
72 867
76 417
60 131
37 263
After tax
130 133
126 583
142 869
165 737
Living cost
36 882
36 882
36 882
36 882
Free-cash
93 251
89 701
105 987
128 855

Estimated living cost  is ₽36882 per week

₽24294
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2908
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9114
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92425
₽98483
₽94906
₽76660
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
203 000
income
-
-
-
60 440
pensions
-
-
-
9 660
total
-
-
-
70 100
Employee
52 152
-
177 121
-
health
680
-
2 478
-
income
9 497
-
48 275
-
pensions
3 981
-
11 714
-
total
14 158
-
62 467
-
Employer
52 152
-
177 121
-
pensions
5 269
-
22 513
-
health
991
-
3 366
-
total
6 260
-
25 879
-
Corporate
144 587
203 000
-
-
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.

27 472
38 571
-
-
total
27 472
38 571
-
-
Dividends
117 116
164 429
-
-
withholding
18 633
34 010
-
-
total
18 633
34 010
-
-
Income
203 000
203 000
203 000
203 000
Total tax
66 523
72 581
88 346
70 100
After tax
136 477
130 419
114 654
132 900
Living cost
37 994
37 994
37 994
37 994
Free-cash
98 483
92 425
76 660
94 906

Estimated living cost  is ₽37994 per week

₽26064
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3494
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7959
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽7587
₽12757
₽114650
₽87126
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
203 000
accident
-
-
-
255
income
-
-
-
57 294
pensions
-
-
-
4 197
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
64 320
Employee
37 800
-
184 294
-
health
4 328
-
21 101
-
income
5 186
-
44 341
-
pensions
4 256
-
7 696
-
total
13 770
-
73 138
-
Employer
37 800
-
184 294
-
accident
631
-
3 077
-
unemployment
926
-
4 515
-
pensions
6 146
-
11 114
-
total
7 703
-
18 706
-
Corporate
157 496
203 000
-
-
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.

141 747
182 700
-
-
total
141 747
182 700
-
-
Dividends
15 750
20 300
-
-
withholding
2 993
3 857
-
-
total
2 993
3 857
-
-
Income
203 000
203 000
203 000
203 000
Total tax
166 213
186 557
91 844
64 320
After tax
36 787
16 443
111 156
138 680
Living cost
24 030
24 030
24 030
24 030
Free-cash
12 757
-7 587
87 126
114 650

Estimated living cost  is ₽24030 per week

₽17635
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1400
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.
₽4510
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽141600
₽152385
₽110878
₽133172
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
203 000
work injury
-
-
-
811
health insurance
-
-
-
11 998
income
-
-
-
33 839
pensions
-
-
-
29 833
unemployment
-
-
-
1 946
total
-
-
-
78 427
Employee

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

21 911
-
203 000
-
work injury
110
-
405
-
income
2 191
-
33 839
-
pensions
4 032
-
14 917
-
health insurance
1 621
-
5 999
-
unemployment
263
-
973
-
total
8 217
-
56 133
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
181 089
203 000
-
-
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%.

1 811
20 300
-
-
total
1 811
20 300
-
-
Dividends
179 278
182 700
-
-
withholding
26 892
27 405
-
-
total
26 892
27 405
-
-
Income
203 000
203 000
203 000
203 000
Total tax
36 920
47 705
56 133
78 427
After tax
166 080
155 295
146 867
124 573
Living cost
13 695
13 695
13 695
13 695
Free-cash
152 385
141 600
133 172
110 878

Estimated living cost  is ₽13695 per week

₽8484
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽995
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽427
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3788
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66449
₽61827
₽53321
₽44801
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
203 000
municipal
-
-
-
1 369
regional
-
-
-
4 727
national
-
-
-
52 254
social contributions
-
-
-
50 852
total
-
-
-
109 202
Employee
85 618
-
203 000
-
social contributions
28 870
-
66 669
-
regional
1 293
-
4 208
-
municipal
511
-
1 226
-
national
14 469
-
45 619
-
total
45 143
-
117 722
-
Employer
85 618
-
203 000
-
total
-
-
-
-
Corporate
117 382
203 000
-
-
nationa
28 172
48 720
-
-
municipal
5 657
9 785
-
-
total
33 829
58 505
-
-
Dividends
83 553
144 495
-
-
withholding
21 724
37 569
-
-
total
21 724
37 569
-
-
Income
203 000
203 000
203 000
203 000
Total tax
100 696
96 074
117 722
109 202
After tax
102 304
106 926
85 278
93 798
Living cost
40 476
40 476
40 476
40 476
Free-cash
61 827
66 449
44 801
53 321

Estimated living cost  is ₽40476 per week

₽28432
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2784
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽611
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8648
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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