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
₽ 204000
per

Your estimated
City
free-cash

Dresden , Germany
₽72281
₽83442
₽72200
₽96941
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
204 000
trade
-
-
-
24 741
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.

-
-
-
65 969
health

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

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

-
-
-
6 894
surtax

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

-
-
-
3 629
total
-
-
-
101 233
Employee

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

38 599
-
204 000
-
health

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

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

6 894
-
6 894
-
surtax

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

59
-
3 629
-
income

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

1 078
-
65 969
-
total
8 031
-
76 492
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
165 401
204 000
-
-
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.

1 365
1 683
-
-
income
24 810
30 599
-
-
trade
26 051
32 129
-
-
chamber of commerce
391
446
-
-
total
52 617
64 857
-
-
Dividends
112 784
139 142
-
-
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.

1 530
1 892
-
-
withholding
27 813
34 403
-
-
total
29 343
36 295
-
-
Income
204 000
204 000
204 000
204 000
Total tax
89 991
101 152
76 492
101 233
After tax
114 009
102 848
127 508
102 767
Living cost
30 567
30 567
30 567
30 567
Free-cash
83 442
72 281
96 941
72 200

Estimated living cost  is ₽30567 per week

₽19227
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3564
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7205
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Dresden model

Close
Reykjavik , Iceland
₽76302
₽75454
₽66833
₽67928
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
204 000
municipal
-
-
-
22 538
pensions
-
-
-
24 480
national
-
-
-
36 962
social contributions
-
-
-
2 193
total
-
-
-
86 173
Employee
79 050
-
176 356
-
municipal
9 764
-
23 328
-
pensions
3 162
-
7 054
-
national
15 130
-
38 692
-
total
28 056
-
69 074
-
Employer
79 050
-
176 356
-
social contributions
850
-
1 896
-
pensions
6 324
-
14 108
-
total
7 174
-
16 004
-
Corporate
112 559
204 000
-
-
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%.

22 512
40 800
-
-
total
22 512
40 800
-
-
Dividends
90 047
163 200
-
-
withholding
19 810
35 904
-
-
total
19 810
35 904
-
-
Income
204 000
204 000
204 000
204 000
Total tax
77 552
76 704
85 078
86 173
After tax
126 448
127 296
118 922
117 827
Living cost
50 994
50 994
50 994
50 994
Free-cash
75 454
76 302
67 928
66 833

Estimated living cost  is ₽50994 per week

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

Additional information

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

Source of data for Reykjavik model

Close
Riga , Latvia
₽142204
₽133928
₽51656
₽66488
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
204 000
microenterprise
-
-
-
-
income
-
-
-
40 663
surtax
-
-
-
52 020
social contributions

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

-
-
-
38 666
total
-
-
-
131 349
Employee
29 488
-
157 682
-
social contributions

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

3 244
-
13 229
-
surtax
-
-
22 864
-
income
5 249
-
34 106
-
total
8 493
-
70 199
-
Employer
29 488
-
157 682
-
social contributions

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

7 103
-
28 973
-
surtax
-
-
17 345
-
total
7 103
-
46 318
-
Corporate
167 409
204 000
-
-
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%.

33 481
40 801
-
-
total
33 481
40 801
-
-
Dividends

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

133 927
163 199
-
-
total
-
-
-
-
Income
204 000
204 000
204 000
204 000
Total tax
49 077
40 801
116 517
131 349
After tax
154 923
163 199
87 483
72 651
Living cost
20 995
20 995
20 995
20 995
Free-cash
133 928
142 204
66 488
51 656

Estimated living cost  is ₽20995 per week

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

Source of data for Riga model

Close
Rotterdam , Netherlands
₽59116
₽52933
₽68524
₽88028
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
204 000
income
-
-
-
68 933
pensions
-
-
-
11 824
health
-
-
-
12 444
total
-
-
-
93 201
Employee
86 179
86 179
185 246
-
health
13 228
11 251
12 444
-
income

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

14 106
14 106
30 675
-
pensions
15 512
11 824
11 824
-
total
42 846
37 181
54 943
-
Employer
86 179
86 179
185 246
-
unemployment
3 102
3 102
3 855
-
pensions
5 998
5 998
7 455
-
health
5 990
5 990
7 444
-
total
15 090
15 090
18 754
-
Corporate
103 787
102 730
-
-
income
20 758
20 547
-
-
total
20 758
20 547
-
-
Dividends
83 030
82 183
-
-
income
17 644
17 464
-
-
withholding
12 454
12 327
-
-
total
30 098
29 791
-
-
Income
204 000
204 000
204 000
204 000
Total tax
108 792
102 609
73 697
93 201
After tax
95 208
101 391
130 303
110 799
Living cost
42 276
42 276
42 276
42 276
Free-cash
52 933
59 116
88 028
68 524

Estimated living cost  is ₽42276 per week

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

Source of data for Rotterdam model

Close
Stockholm , Sweden
₽72394
₽71518
₽63796
₽62851
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
204 000
municipal
-
-
-
53 451
accident
-
-
-
171
pensions
-
-
-
9 237
other
-
-
-
9 930
unemployment
-
-
-
86
health
-
-
-
5 332
national
-
-
-
23 007
total
-
-
-
101 214
Employee
55 558
-
177 151
-
municipal
16 567
-
52 826
-
national
-
-
22 484
-
total
16 567
-
75 310
-
Employer
55 558
-
177 151
-
accident
111
-
171
-
other
6 456
-
9 930
-
unemployment
1 467
-
2 256
-
pensions
6 006
-
9 237
-
health
3 417
-
5 255
-
total
17 457
-
26 849
-
Corporate
130 986
204 000
-
-
income
28 817
44 880
-
-
total
28 817
44 880
-
-
Dividends
102 169
159 120
-
-
withholding
30 651
47 736
-
-
total
30 651
47 736
-
-
Income
204 000
204 000
204 000
204 000
Total tax
93 492
92 616
102 159
101 214
After tax
110 508
111 384
101 841
102 786
Living cost
38 990
38 990
38 990
38 990
Free-cash
71 518
72 394
62 851
63 796

Estimated living cost  is ₽38990 per week

₽25841
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3826
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8731
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Stockholm model

Close
Hamburg , Germany
₽62155
₽76335
₽62024
₽87864
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
204 000
trade
-
-
-
25 840
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.

-
-
-
65 969
health

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

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

-
-
-
6 894
surtax

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

-
-
-
3 629
total
-
-
-
102 332
Employee

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

51 177
-
204 000
-
health

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

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

6 894
-
6 894
-
surtax

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

241
-
3 629
-
income

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

4 397
-
65 969
-
total
11 532
-
76 492
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
152 823
204 000
-
-
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.

1 260
1 683
-
-
income
22 924
30 599
-
-
trade
25 139
33 558
-
-
chamber of commerce
370
442
-
-
total
49 693
66 282
-
-
Dividends
103 130
137 717
-
-
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.

1 396
1 873
-
-
withholding
25 400
34 046
-
-
total
26 796
35 919
-
-
Income
204 000
204 000
204 000
204 000
Total tax
88 021
102 201
76 492
102 332
After tax
115 979
101 799
127 508
101 668
Living cost
39 644
39 644
39 644
39 644
Free-cash
76 335
62 155
87 864
62 024

Estimated living cost  is ₽39644 per week

₽26514
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4181
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8357
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Hamburg model

Close
Limassol , Cyprus
₽116005
₽111816
₽105389
₽103665
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
204 000
income
-
-
-
44 350
health
-
-
-
5 201
social contributions
-
-
-
16 328
total
-
-
-
65 879
Employee
77 600
77 600
191 766
-
social contributions
3 771
6 440
8 687
-
health
772
1 319
3 259
-
income
8 149
7 183
43 423
-
total
12 692
14 942
55 369
-
Employer
77 600
77 600
191 766
-
social contributions
3 771
6 440
8 687
-
health
841
1 436
3 547
-
total
4 612
7 876
12 234
-
Corporate
153 965
118 523
-
-
income
19 245
14 815
-
-
total
19 245
14 815
-
-
Dividends
134 720
103 708
-
-
withholding
22 903
17 630
-
-
total
22 903
17 630
-
-
Income
204 000
204 000
204 000
204 000
Total tax
59 452
55 263
67 603
65 879
After tax
144 548
148 737
136 397
138 121
Living cost
32 732
32 732
32 732
32 732
Free-cash
111 816
116 005
103 665
105 389

Estimated living cost  is ₽32732 per week

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

Source of data for Limassol model

Close
Budapest , Hungary
₽96205
₽96586
₽122984
₽99923
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
204 000
income
-
-
-
24 939
pensions
-
-
-
20 400
unemployment
-
-
-
3 060
health
-
-
-
14 280
total
-
-
-
62 679
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.

26 470
10 535
170 711
-
health
1 853
737
11 950
-
income
3 236
1 288
20 869
-
pensions
2 647
1 053
17 071
-
unemployment
397
158
2 561
-
total
8 133
3 236
52 451
-
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.

26 470
10 535
170 711
-
pensions
5 162
2 054
33 289
-
total
5 162
2 054
33 289
-
Corporate
172 369
191 411
-
-
income
15 513
17 227
-
-
total
15 513
17 227
-
-
Dividends
156 856
174 184
-
-
social contributions
30 466
33 846
-
-
withholding
29 803
33 095
-
-
total
60 269
66 941
-
-
Income
204 000
204 000
204 000
204 000
Total tax
89 077
89 458
85 740
62 679
After tax
114 923
114 542
118 260
141 321
Living cost
18 337
18 337
18 337
18 337
Free-cash
96 586
96 205
99 923
122 984

Estimated living cost  is ₽18337 per week

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

Source of data for Budapest model

Close
Tallinn , Estonia
₽138824
₽132555
₽84968
₽93206
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
204 000
income
-
-
-
27 336
pensions
-
-
-
40 801
health
-
-
-
26 520
total
-
-
-
94 657
Employee
28 629
-
152 465
-
income
3 223
-
29 395
-
pensions
573
-
3 049
-
unemployment
458
-
2 440
-
total
4 254
-
34 884
-
Employer
28 629
-
152 465
-
unemployment
230
-
1 220
-
pensions
5 726
-
30 494
-
health
3 721
-
19 821
-
total
9 677
-
51 535
-
Corporate
165 695
204 000
-
-
income
33 139
40 801
-
-
total
33 139
40 801
-
-
Dividends
132 556
163 199
-
-
total
-
-
-
-
Income
204 000
204 000
204 000
204 000
Total tax
47 070
40 801
86 419
94 657
After tax
156 930
163 199
117 581
109 343
Living cost
24 375
24 375
24 375
24 375
Free-cash
132 555
138 824
93 206
84 968

Estimated living cost  is ₽24375 per week

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

Source of data for Tallinn model

Close
Gdansk , Poland
-₽5545
₽13138
₽117287
₽89698
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
204 000
accident
-
-
-
253
income
-
-
-
57 657
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
64 644
Employee
34 715
-
185 313
-
health
3 975
-
21 219
-
income
4 763
-
44 674
-
pensions
3 909
-
7 653
-
total
12 647
-
73 546
-
Employer
34 715
-
185 313
-
accident
580
-
3 095
-
unemployment
850
-
4 540
-
pensions
5 645
-
11 052
-
total
7 075
-
18 687
-
Corporate
162 210
204 000
-
-
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.

145 989
183 600
-
-
total
145 989
183 600
-
-
Dividends
16 221
20 400
-
-
withholding
3 082
3 876
-
-
total
3 082
3 876
-
-
Income
204 000
204 000
204 000
204 000
Total tax
168 793
187 476
92 233
64 644
After tax
35 207
16 524
111 767
139 356
Living cost
22 069
22 069
22 069
22 069
Free-cash
13 138
-5 545
89 698
117 287

Estimated living cost  is ₽22069 per week

₽16174
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4211
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽184721
₽183020
₽192881
₽154121
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
204 000
microenterprise

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

-
-
-
2 040
total
-
-
-
2 040
Employee
11 349
-
204 000
-
income
2 269
-
40 800
-
total
2 269
-
40 800
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

192 651
204 000
-
-
total
-
-
-
-
Dividends
192 651
204 000
-
-
withholding
9 632
10 200
-
-
total
9 632
10 200
-
-
Income
204 000
204 000
204 000
204 000
Total tax
11 901
10 200
40 800
2 040
After tax
192 099
193 800
163 200
201 960
Living cost
9 079
9 079
9 079
9 079
Free-cash
183 020
184 721
154 121
192 881

Estimated living cost  is ₽9079 per week

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

Additional information

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

Source of data for Batumi model

Close
Bratislava , Slovakia
₽122988
₽116174
₽92225
₽90488
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
204 000
income
-
-
-
34 012
pensions

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

-
-
-
36 831
other
-
-
-
7 289
health
-
-
-
6 753
total
-
-
-
84 885
Employee
36 642
-
165 235
-
health
513
-
2 149
-
income
6 308
-
33 432
-
pensions

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

2 564
-
10 742
-
unemployment
366
-
1 534
-
total
9 751
-
47 857
-
Employer
36 642
-
165 235
-
accident
293
-
1 321
-
other
1 833
-
7 672
-
unemployment
366
-
1 534
-
pensions

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

6 230
-
26 089
-
health
513
-
2 149
-
total
9 235
-
38 765
-
Corporate
158 124
204 000
-
-
income
33 206
42 840
-
-
total
33 206
42 840
-
-
Dividends
124 918
161 160
-
-
withholding
8 744
11 282
-
-
total
8 744
11 282
-
-
Income
204 000
204 000
204 000
204 000
Total tax
60 936
54 122
86 622
84 885
After tax
143 064
149 878
117 378
119 115
Living cost
26 890
26 890
26 890
26 890
Free-cash
116 174
122 988
90 488
92 225

Estimated living cost  is ₽26890 per week

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

Source of data for Bratislava model

Close
London , United Kingdom
₽63047
₽71201
₽65625
₽47304
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
204 000
income
-
-
-
61 024
pensions
-
-
-
9 624
total
-
-
-
70 648
Employee
95 823
-
177 969
-
health
1 579
-
2 480
-
income
17 273
-
48 809
-
pensions
9 244
-
11 649
-
total
28 096
-
62 938
-
Employer
95 823
-
177 969
-
pensions
11 314
-
22 650
-
health
1 820
-
3 381
-
total
13 134
-
26 031
-
Corporate
95 043
204 000
-
-
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.

18 058
38 759
-
-
total
18 058
38 759
-
-
Dividends
76 985
165 241
-
-
withholding
5 784
34 467
-
-
total
5 784
34 467
-
-
Income
204 000
204 000
204 000
204 000
Total tax
65 072
73 226
88 969
70 648
After tax
138 928
130 774
115 031
133 352
Living cost
67 727
67 727
67 727
67 727
Free-cash
71 201
63 047
47 304
65 625

Estimated living cost  is ₽67727 per week

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

Additional information

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

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

Source of data for London model

Close
Varna , Bulgaria
₽161181
₽156491
₽150744
₽159025
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
204 000
income
-
-
-
30 600
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
40 017
Employee
17 531
-
197 080
-
health
806
-
1 622
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
income
1 753
-
19 708
-
pensions

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

1 539
-
3 097
-
total
4 291
-
24 815
-
Employer
17 531
-
197 080
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
unemployment
105
-
212
-
pensions

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

1 932
-
3 887
-
health
1 210
-
2 434
-
total
3 440
-
6 921
-
Corporate
183 029
204 000
-
-
income
18 303
20 400
-
-
total
18 303
20 400
-
-
Dividends
164 726
183 600
-
-
withholding
8 236
9 180
-
-
total
8 236
9 180
-
-
Income
204 000
204 000
204 000
204 000
Total tax
34 270
29 580
31 736
40 017
After tax
169 730
174 420
172 264
163 983
Living cost
13 239
13 239
13 239
13 239
Free-cash
156 491
161 181
159 025
150 744

Estimated living cost  is ₽13239 per week

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

Source of data for Varna model

Close
Amsterdam , Netherlands
₽45431
₽47967
₽54839
₽74343
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
204 000
income
-
-
-
68 933
pensions
-
-
-
11 824
health
-
-
-
12 444
total
-
-
-
93 201
Employee
93 563
86 179
185 246
-
health
11 672
11 251
12 444
-
income

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

14 106
14 106
30 675
-
pensions
11 824
11 824
11 824
-
total
37 602
37 181
54 943
-
Employer
93 563
86 179
185 246
-
unemployment
3 369
3 102
3 855
-
pensions
6 511
5 998
7 455
-
health
6 502
5 990
7 444
-
total
16 382
15 090
18 754
-
Corporate
94 056
102 730
-
-
income
18 812
20 547
-
-
total
18 812
20 547
-
-
Dividends
75 244
82 183
-
-
income
15 989
17 464
-
-
withholding
11 288
12 327
-
-
total
27 277
29 791
-
-
Income
204 000
204 000
204 000
204 000
Total tax
100 073
102 609
73 697
93 201
After tax
103 927
101 391
130 303
110 799
Living cost
55 960
55 960
55 960
55 960
Free-cash
47 967
45 431
74 343
54 839

Estimated living cost  is ₽55960 per week

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

Source of data for Amsterdam model

Close
Brno , Czech Republic
₽116284
₽107662
₽94679
₽85971
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
204 000
income
-
-
-
21 252
health
-
-
-
27 540
solidarity contribution
-
-
-
1 580
social contributions
-
-
-
34 779
total
-
-
-
85 151
Employee
35 544
-
159 838
-
social contributions
2 310
-
7 742
-
health
4 798
-
21 578
-
solidarity contribution
-
-
799
-
income
4 265
-
19 578
-
total
11 373
-
49 697
-
Employer
35 544
-
159 838
-
social contributions
8 886
-
29 777
-
health
3 199
-
14 385
-
total
12 085
-
44 162
-
Corporate
156 371
204 000
-
-
income
29 711
38 760
-
-
total
29 711
38 760
-
-
Dividends
126 661
165 240
-
-
withholding
18 999
24 786
-
-
total
18 999
24 786
-
-
Income
204 000
204 000
204 000
204 000
Total tax
72 168
63 546
93 859
85 151
After tax
131 832
140 454
110 141
118 849
Living cost
24 170
24 170
24 170
24 170
Free-cash
107 662
116 284
85 971
94 679

Estimated living cost  is ₽24170 per week

₽16789
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1719
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5186
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brno model

Close
Milan , Italy
₽66261
₽60990
₽54287
₽45615
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
204 000
municipal
-
-
-
1 228
regional
-
-
-
2 471
national
-
-
-
52 922
social contributions
-
-
-
50 509
total
-
-
-
107 130
Employee
89 689
-
204 000
-
social contributions
30 243
-
66 218
-
regional
846
-
2 197
-
municipal
475
-
1 103
-
national
15 541
-
46 284
-
total
47 105
-
115 802
-
Employer
89 689
-
204 000
-
total
-
-
-
-
Corporate
114 311
204 000
-
-
nationa
27 436
48 959
-
-
municipal
4 458
7 955
-
-
total
31 894
56 914
-
-
Dividends
82 417
147 086
-
-
withholding
21 428
38 242
-
-
total
21 428
38 242
-
-
Income
204 000
204 000
204 000
204 000
Total tax
100 427
95 156
115 802
107 130
After tax
103 573
108 844
88 198
96 870
Living cost
42 583
42 583
42 583
42 583
Free-cash
60 990
66 261
45 615
54 287

Estimated living cost  is ₽42583 per week

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

Source of data for Milan model

Close
Thessaloniki , Greece
₽106047
₽102906
₽73919
₽67749
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
204 000
income
-
-
-
61 101
pensions
-
-
-
26 938
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
9 562
surtax
-
-
-
9 981
total
-
-
-
107 812
Employee
33 373
-
175 649
-
other
-
-
-
-
health
852
-
3 434
-
surtax
109
-
8 775
-
income
5 594
-
55 064
-
pensions
2 225
-
8 984
-
unemployment
2 323
-
9 374
-
total
11 103
-
85 631
-
Employer
33 373
-
175 649
-
other
-
-
-
-
unemployment
1 057
-
4 269
-
pensions
4 449
-
17 954
-
health
1 519
-
6 128
-
total
7 025
-
28 351
-
Corporate
163 603
204 000
-
-
income
42 536
53 040
-
-
total
42 536
53 040
-
-
Dividends
121 067
150 960
-
-
withholding
18 161
22 644
-
-
total
18 161
22 644
-
-
Income
204 000
204 000
204 000
204 000
Total tax
78 825
75 684
113 982
107 812
After tax
125 175
128 316
90 018
96 188
Living cost
22 269
22 269
22 269
22 269
Free-cash
102 906
106 047
67 749
73 919

Estimated living cost  is ₽22269 per week

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

Source of data for Thessaloniki model

Close
Cambridge , United Kingdom
₽84505
₽91195
₽87083
₽68762
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
204 000
income
-
-
-
61 024
pensions
-
-
-
9 624
total
-
-
-
70 648
Employee
64 218
-
177 969
-
health
932
-
2 480
-
income
11 566
-
48 809
-
pensions
5 451
-
11 649
-
total
17 949
-
62 938
-
Employer
64 218
-
177 969
-
pensions
6 952
-
22 650
-
health
1 220
-
3 381
-
total
8 172
-
26 031
-
Corporate
131 610
204 000
-
-
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.

25 005
38 759
-
-
total
25 005
38 759
-
-
Dividends
106 605
165 241
-
-
withholding
15 410
34 467
-
-
total
15 410
34 467
-
-
Income
204 000
204 000
204 000
204 000
Total tax
66 536
73 226
88 969
70 648
After tax
137 464
130 774
115 031
133 352
Living cost
46 269
46 269
46 269
46 269
Free-cash
91 195
84 505
68 762
87 083

Estimated living cost  is ₽46269 per week

₽34665
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3468
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7652
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

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

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

Source of data for Cambridge model

Close
Zurich , Switzerland
₽17010
₽49645
₽86678
₽78430
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
204 000
city
-
-
-
2 151
pensions
-
-
-
18 769
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.

-
-
-
4 081
regional
-
-
-
10 964
health
-
-
-
458
national
-
-
-
4 626
total
-
-
-
41 049
Employee
89 259
-
183 139
-
city
958
-
1 975
-
regional
2 923
-
9 638
-
health
202
-
411
-
pensions
7 499
-
14 773
-
unemployment
-
-
-
-
national
422
-
3 653
-
total
12 004
-
30 450
-
Employer
89 259
-
183 139
-
other

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

1 785
-
3 663
-
unemployment
-
-
-
-
pensions
7 499
-
14 773
-
health
202
-
411
-
total
9 486
-
18 847
-
Corporate
104 275
204 000
-
-
regional
22 054
43 146
-
-
national
8 864
17 341
-
-
total
30 918
60 487
-
-
Dividends
73 356
143 513
-
-
withholding
25 674
50 230
-
-
total
25 674
50 230
-
-
Income
204 000
204 000
204 000
204 000
Total tax
78 082
110 717
49 297
41 049
After tax
125 918
93 283
154 703
162 951
Living cost
76 273
76 273
76 273
76 273
Free-cash
49 645
17 010
78 430
86 678

Estimated living cost  is ₽76273 per week

₽49599
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6845
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽936
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18892
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽54519
₽70882
₽54338
₽81278
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
204 000
trade
-
-
-
26 940
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.

-
-
-
65 969
health

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

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

-
-
-
6 894
surtax

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

-
-
-
3 629
total
-
-
-
103 432
Employee

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

60 649
-
204 000
-
health

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

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

6 894
-
6 894
-
surtax

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

393
-
3 629
-
income

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

7 132
-
65 969
-
total
14 419
-
76 492
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
143 351
204 000
-
-
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.

1 184
1 683
-
-
income
21 503
30 599
-
-
trade
24 584
34 987
-
-
chamber of commerce
354
440
-
-
total
47 625
67 709
-
-
Dividends
95 726
136 290
-
-
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.

1 295
1 854
-
-
withholding
23 548
33 688
-
-
total
24 843
35 542
-
-
Income
204 000
204 000
204 000
204 000
Total tax
86 887
103 251
76 492
103 432
After tax
117 113
100 749
127 508
100 568
Living cost
46 230
46 230
46 230
46 230
Free-cash
70 882
54 519
81 278
54 338

Estimated living cost  is ₽46230 per week

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

Additional information

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

Source of data for Munich model

Close
Nice , France
₽68292
₽74251
₽79101
₽74586
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
204 000
income
-
-
-
34 917
pensions
-
-
-
33 874
other
-
-
-
6 324
health
-
-
-
9 445
surtax
-
-
-
-
social contributions
-
-
-
5 812
total
-
-
-
90 372
Employee
43 191
-
156 613
-
social contributions
1 231
-
4 462
-
surtax
-
-
-
-
income
2 549
-
31 619
-
pensions
4 883
-
11 418
-
total
8 663
-
47 499
-
Employer
43 191
-
156 613
-
other
1 490
-
6 334
-
social contributions
130
-
469
-
unemployment
1 748
-
6 343
-
pensions
7 095
-
19 127
-
health
3 024
-
15 115
-
total
13 487
-
47 388
-
Corporate
147 321
204 000
-
-
surtax
-
-
-
-
income
41 249
57 119
-
-
total
41 249
57 119
-
-
Dividends
106 072
146 881
-
-
surtax
-
-
-
-
social contributions
18 245
25 262
-
-
withholding
13 578
18 800
-
-
total
31 823
44 062
-
-
Income
204 000
204 000
204 000
204 000
Total tax
95 222
101 181
94 887
90 372
After tax
108 778
102 819
109 113
113 628
Living cost
34 527
34 527
34 527
34 527
Free-cash
74 251
68 292
74 586
79 101

Estimated living cost  is ₽34527 per week

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

Source of data for Nice model

Close
Marseille , France
₽71713
₽77318
₽82522
₽78007
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
204 000
income
-
-
-
34 917
pensions
-
-
-
33 874
other
-
-
-
6 324
health
-
-
-
9 445
surtax
-
-
-
-
social contributions
-
-
-
5 812
total
-
-
-
90 372
Employee
38 554
-
156 613
-
social contributions
1 099
-
4 462
-
surtax
-
-
-
-
income
1 988
-
31 619
-
pensions
4 361
-
11 418
-
total
7 448
-
47 499
-
Employer
38 554
-
156 613
-
other
1 331
-
6 334
-
social contributions
115
-
469
-
unemployment
1 561
-
6 343
-
pensions
6 335
-
19 127
-
health
2 698
-
15 115
-
total
12 040
-
47 388
-
Corporate
153 406
204 000
-
-
surtax
-
-
-
-
income
42 953
57 119
-
-
total
42 953
57 119
-
-
Dividends
110 452
146 881
-
-
surtax
-
-
-
-
social contributions
18 998
25 262
-
-
withholding
14 137
18 800
-
-
total
33 135
44 062
-
-
Income
204 000
204 000
204 000
204 000
Total tax
95 576
101 181
94 887
90 372
After tax
108 424
102 819
109 113
113 628
Living cost
31 106
31 106
31 106
31 106
Free-cash
77 318
71 713
78 007
82 522

Estimated living cost  is ₽31106 per week

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

Source of data for Marseille model

Close
Vilnius , Lithuania
₽103060
₽103582
₽109611
₽104632
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
204 000
income
-
-
-
30 599
health
-
-
-
14 239
social contributions
-
-
-
28 152
total
-
-
-
72 990
Employee
34 217
-
204 000
-
social contributions
4 723
-
28 152
-
health
2 388
-
14 239
-
income
5 707
-
35 578
-
total
12 818
-
77 969
-
Employer
34 217
-
204 000
-
total
-
-
-
-
Corporate
169 783
204 000
-
-
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%.

8 490
10 200
-
-
total
8 490
10 200
-
-
Dividends
161 294
193 800
-
-
health
11 259
13 528
-
-
social contributions
22 259
26 744
-
-
withholding
24 193
29 069
-
-
total
57 711
69 341
-
-
Income
204 000
204 000
204 000
204 000
Total tax
79 019
79 541
77 969
72 990
After tax
124 981
124 459
126 031
131 010
Living cost
21 399
21 399
21 399
21 399
Free-cash
103 582
103 060
104 632
109 611

Estimated living cost  is ₽21399 per week

₽14321
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1319
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5265
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Vilnius model

Close
Vienna , Austria
₽77062
₽75504
₽69216
₽18165
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
204 000
chamber of commerce
-
-
-
816
income
-
-
-
61 191
pensions
-
-
-
21 811
unemployment
-
-
-
6 190
health
-
-
-
9 018
surtax
-
-
-
199
total
-
-
-
99 225
Employee
50 434
40 217
166 336
-
other
504
402
1 180
-
health
1 951
1 557
4 562
-
income
5 741
2 966
50 633
-
pensions
5 165
4 117
12 073
-
unemployment
1 513
1 207
3 537
-
total
14 874
10 249
71 985
-
Employer
50 434
40 217
166 336
-
accident
655
523
1 532
-
other
2 396
1 909
7 488
-
chamber of commerce
201
161
665
-
unemployment
1 513
1 207
3 537
-
surtax
199
199
199
-
pensions
6 329
5 048
14 796
-
payroll
1 513
1 207
4 991
-
health
1 906
1 521
4 456
-
total
14 712
11 775
37 664
-
Corporate
138 855
152 009
162 506
-
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.

34 713
38 003
40 627
-
total
34 713
38 003
40 627
-
Dividends
104 142
114 006
-
-
withholding
28 638
31 352
-
-
total
28 638
31 352
-
-
Income
204 000
204 000
204 000
204 000
Total tax
92 937
91 379
150 276
99 225
After tax
111 063
112 621
53 724
104 775
Living cost
35 559
35 559
35 559
35 559
Free-cash
75 504
77 062
18 165
69 216

Estimated living cost  is ₽35559 per week

₽23716
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3033
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8225
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Vienna model

Close
Brussels , Belgium
₽76436
₽62107
₽51817
₽33560
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
204 000
national
-
-
-
79 497
communal

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

-
-
-
10 730
social contributions
-
-
-
25 160
total
-
-
-
115 387
Employee

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

72 186
-
158 003
-
communal

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

3 765
-
8 241
-
health

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

3 392
-
7 427
-
pensions

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

5 414
-
11 851
-
unemployment

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

628
-
1 375
-
national
22 193
-
58 753
-
total
35 392
-
87 647
-
Employer

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

72 186
-
158 003
-
accident

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

938
-
2 055
-
unemployment

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

1 053
-
2 308
-
surtax
8 185
-
17 918
-
pensions

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

6 396
-
13 999
-
health

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

4 439
-
9 717
-
total
21 011
-
45 997
-
Corporate
110 801
204 000
-
-
surtax
442
839
-
-
income
22 159
41 925
-
-
total
22 601
42 764
-
-
Dividends
88 199
161 236
-
-
withholding

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

26 093
48 004
-
-
total
26 093
48 004
-
-
Income
204 000
204 000
204 000
204 000
Total tax
105 097
90 768
133 644
115 387
After tax
98 903
113 232
70 356
88 613
Living cost
36 796
36 796
36 796
36 796
Free-cash
62 107
76 436
33 560
51 817

Estimated living cost  is ₽36796 per week

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

Source of data for Brussels model

Close
Barcelona , Spain
₽99219
₽92306
₽77746
₽73511
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
204 000
accident
-
-
-
843
income
-
-
-
61 747
pensions
-
-
-
26 470
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
89 809
Employee
50 234
-
174 180
-
other
50
-
94
-
income
10 599
-
58 283
-
pensions
2 361
-
4 397
-
unemployment
779
-
1 450
-
total
13 789
-
64 224
-
Employer
50 234
-
174 180
-
accident
994
-
1 852
-
other
400
-
749
-
unemployment
2 763
-
5 144
-
pensions
11 854
-
22 075
-
total
16 011
-
29 820
-
Corporate
137 754
204 000
-
-
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.

20 664
30 599
-
-
total
20 664
30 599
-
-
Dividends
117 090
173 401
-
-
withholding
24 785
37 737
-
-
total
24 785
37 737
-
-
Income
204 000
204 000
204 000
204 000
Total tax
75 249
68 336
94 044
89 809
After tax
128 751
135 664
109 956
114 191
Living cost
36 445
36 445
36 445
36 445
Free-cash
92 306
99 219
73 511
77 746

Estimated living cost  is ₽36445 per week

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

Source of data for Barcelona model

Close
Luxembourg , Luxembourg
₽62474
₽48825
₽43080
₽51213
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
204 000
accident
-
-
-
1 720
income
-
-
-
36 443
pensions
-
-
-
30 576
health
-
-
-
14 333
surtax
-
-
-
10 114
communal
-
-
-
12 892
total
-
-
-
106 078
Employee
76 423
-
182 225
-
health
3 401
-
8 108
-
surtax
4 684
-
11 167
-
income
7 382
-
42 317
-
pensions
6 113
-
14 578
-
total
21 580
-
76 170
-
Employer
76 423
-
182 225
-
accident
688
-
1 639
-
pensions
6 113
-
14 578
-
health
2 331
-
5 558
-
total
9 132
-
21 775
-
Corporate
118 445
204 000
-
-
surtax
1 243
2 141
-
-
communal
7 995
13 769
-
-
income
17 766
30 599
-
-
total
27 004
46 509
-
-
Dividends
91 441
157 490
-
-
income
28 901
16 552
-
-
withholding
13 716
23 623
-
-
total
42 617
40 175
-
-
Income
204 000
204 000
204 000
204 000
Total tax
100 333
86 684
97 945
106 078
After tax
103 667
117 316
106 055
97 922
Living cost
54 842
54 842
54 842
54 842
Free-cash
48 825
62 474
51 213
43 080

Estimated living cost  is ₽54842 per week

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

Source of data for Luxembourg model

Close
Athens , Greece
₽105649
₽102440
₽73521
₽67351
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
204 000
income
-
-
-
61 101
pensions
-
-
-
26 938
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
9 562
surtax
-
-
-
9 981
total
-
-
-
107 812
Employee
33 985
-
175 649
-
other
-
-
-
-
health
868
-
3 434
-
surtax
121
-
8 775
-
income
5 697
-
55 064
-
pensions
2 267
-
8 984
-
unemployment
2 365
-
9 374
-
total
11 318
-
85 631
-
Employer
33 985
-
175 649
-
other
-
-
-
-
unemployment
1 078
-
4 269
-
pensions
4 531
-
17 954
-
health
1 545
-
6 128
-
total
7 154
-
28 351
-
Corporate
162 860
204 000
-
-
income
42 344
53 040
-
-
total
42 344
53 040
-
-
Dividends
120 516
150 960
-
-
withholding
18 077
22 644
-
-
total
18 077
22 644
-
-
Income
204 000
204 000
204 000
204 000
Total tax
78 893
75 684
113 982
107 812
After tax
125 107
128 316
90 018
96 188
Living cost
22 667
22 667
22 667
22 667
Free-cash
102 440
105 649
67 351
73 521

Estimated living cost  is ₽22667 per week

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

Source of data for Athens model

Close
Naples , Italy
₽80042
₽77801
₽69039
₽60413
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
204 000
municipal
-
-
-
1 228
regional
-
-
-
3 117
national
-
-
-
52 922
social contributions
-
-
-
50 509
total
-
-
-
107 776
Employee
55 980
-
204 000
-
social contributions
18 877
-
66 218
-
regional
754
-
2 797
-
municipal
297
-
1 103
-
national
8 869
-
46 284
-
total
28 797
-
116 402
-
Employer
55 980
-
204 000
-
total
-
-
-
-
Corporate
148 020
204 000
-
-
nationa
35 525
48 959
-
-
municipal
7 356
10 138
-
-
total
42 881
59 097
-
-
Dividends
105 139
144 902
-
-
withholding
27 336
37 676
-
-
total
27 336
37 676
-
-
Income
204 000
204 000
204 000
204 000
Total tax
99 014
96 773
116 402
107 776
After tax
104 986
107 227
87 598
96 224
Living cost
27 185
27 185
27 185
27 185
Free-cash
77 801
80 042
60 413
69 039

Estimated living cost  is ₽27185 per week

₽16906
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2754
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7059
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Naples model

Close
Prague , Czech Republic
₽110671
₽100045
₽89066
₽80358
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
204 000
income
-
-
-
21 252
health
-
-
-
27 540
solidarity contribution
-
-
-
1 580
social contributions
-
-
-
34 779
total
-
-
-
85 151
Employee
43 799
-
159 838
-
social contributions
2 847
-
7 742
-
health
5 913
-
21 578
-
solidarity contribution
-
-
799
-
income
5 256
-
19 578
-
total
14 016
-
49 697
-
Employer
43 799
-
159 838
-
social contributions
10 950
-
29 777
-
health
3 942
-
14 385
-
total
14 892
-
44 162
-
Corporate
145 309
204 000
-
-
income
27 609
38 760
-
-
total
27 609
38 760
-
-
Dividends
117 700
165 240
-
-
withholding
17 655
24 786
-
-
total
17 655
24 786
-
-
Income
204 000
204 000
204 000
204 000
Total tax
74 172
63 546
93 859
85 151
After tax
129 828
140 454
110 141
118 849
Living cost
29 783
29 783
29 783
29 783
Free-cash
100 045
110 671
80 358
89 066

Estimated living cost  is ₽29783 per week

₽22149
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1650
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5469
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Prague model

Close
Graz , Austria
₽80534
₽80036
₽72778
₽21579
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
204 000
chamber of commerce
-
-
-
816
income
-
-
-
61 191
pensions
-
-
-
21 811
unemployment
-
-
-
6 190
health
-
-
-
9 018
surtax
-
-
-
-
total
-
-
-
99 026
Employee
44 114
40 217
166 520
-
other
440
402
1 180
-
health
1 706
1 557
4 562
-
income
3 930
2 966
50 721
-
pensions
4 518
4 117
12 073
-
unemployment
1 323
1 207
3 537
-
total
11 917
10 249
72 073
-
Employer
44 114
40 217
166 520
-
accident
573
523
1 532
-
other
2 095
1 909
7 496
-
chamber of commerce
176
161
666
-
unemployment
1 323
1 207
3 537
-
surtax
-
-
-
-
pensions
5 537
5 048
14 796
-
payroll
1 323
1 207
4 996
-
health
1 668
1 521
4 456
-
total
12 695
11 576
37 479
-
Corporate
147 191
152 208
162 690
-
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.

36 798
38 053
40 673
-
total
36 798
38 053
40 673
-
Dividends
110 393
114 156
-
-
withholding
30 358
31 392
-
-
total
30 358
31 392
-
-
Income
204 000
204 000
204 000
204 000
Total tax
91 768
91 270
150 225
99 026
After tax
112 232
112 730
53 775
104 974
Living cost
32 196
32 196
32 196
32 196
Free-cash
80 036
80 534
21 579
72 778

Estimated living cost  is ₽32196 per week

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

Additional information

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

Source of data for Graz model

Close
Tbilisi , Georgia
₽179651
₽176998
₽187811
₽149051
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
204 000
microenterprise

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

-
-
-
2 040
total
-
-
-
2 040
Employee
17 686
-
204 000
-
income
3 537
-
40 800
-
total
3 537
-
40 800
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

186 314
204 000
-
-
total
-
-
-
-
Dividends
186 314
204 000
-
-
withholding
9 316
10 200
-
-
total
9 316
10 200
-
-
Income
204 000
204 000
204 000
204 000
Total tax
12 853
10 200
40 800
2 040
After tax
191 147
193 800
163 200
201 960
Living cost
14 149
14 149
14 149
14 149
Free-cash
176 998
179 651
149 051
187 811

Estimated living cost  is ₽14149 per week

₽9574
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽594
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3505
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Tbilisi model

Close
Ljubljana , Slovenia
₽113386
₽104945
₽70072
₽65646
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
204 000
income
-
-
-
49 224
pensions
-
-
-
37 256
unemployment
-
-
-
306
health
-
-
-
20 074
total
-
-
-
106 860
Employee

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

44 626
-
176 517
-
health
2 882
-
11 402
-
income
7 696
-
44 795
-
pensions
6 917
-
27 361
-
unemployment
63
-
247
-
total
17 558
-
83 805
-
Employer

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

44 626
-
176 517
-
unemployment
27
-
105
-
pensions
3 949
-
15 621
-
health
2 972
-
11 755
-
total
6 948
-
27 481
-
Corporate
152 426
204 000
-
-
income
28 962
38 759
-
-
total
28 962
38 759
-
-
Dividends
123 465
165 241
-
-
withholding
18 519
24 787
-
-
total
18 519
24 787
-
-
Income
204 000
204 000
204 000
204 000
Total tax
71 987
63 546
111 286
106 860
After tax
132 013
140 454
92 714
97 140
Living cost
27 068
27 068
27 068
27 068
Free-cash
104 945
113 386
65 646
70 072

Estimated living cost  is ₽27068 per week

₽18576
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1735
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6234
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Ljubljana model

Close
Oslo , Norway
₽80534
₽32492
₽97400
₽147133
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
204 000
income
-
-
-
39 764
social contributions
-
-
-
23 256
total
-
-
-
63 020
Employee
62 487
-
-
-
social contributions
5 124
-
730
-
income
13 783
-
-
-
total
18 907
-
730
-
Employer
62 487
-
-
-
social contributions
88 107
-
12 557
-
total
88 107
-
12 557
-
Corporate
53 406
204 000
-
-
income
11 749
44 880
-
-
total
11 749
44 880
-
-
Dividends
41 657
159 120
-
-
income
9 165
35 006
-
-
total
9 165
35 006
-
-
Income
204 000
204 000
204 000
204 000
Total tax
127 928
79 886
13 287
63 020
After tax
76 072
124 114
190 713
140 980
Living cost
43 580
43 580
43 580
43 580
Free-cash
32 492
80 534
147 133
97 400

Estimated living cost  is ₽43580 per week

₽28276
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4099
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10649
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84381
₽83365
₽75912
₽60446
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
204 000
income
-
-
-
25 543
surtax
-
-
-
-
social contributions

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

-
-
-
70 891
total
-
-
-
96 434
Employee
46 414
-
164 848
-
social contributions
5 106
-
18 134
-
surtax
-
-
-
-
income
9 654
-
54 614
-
total
14 760
-
72 748
-
Employer
46 414
-
164 848
-
social contributions
11 023
-
39 152
-
total
11 023
-
39 152
-
Corporate
146 563
204 000
-
-
surtax
-
-
-
-
income
30 777
42 840
-
-
total
30 777
42 840
-
-
Dividends
115 785
161 160
-
-
withholding
32 421
45 125
-
-
total
32 421
45 125
-
-
Income
204 000
204 000
204 000
204 000
Total tax
88 981
87 965
111 900
96 434
After tax
115 019
116 035
92 100
107 566
Living cost
31 654
31 654
31 654
31 654
Free-cash
83 365
84 381
60 446
75 912

Estimated living cost  is ₽31654 per week

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

Source of data for Lisbon model

Close
Paris , France
₽54077
₽61013
₽64887
₽60372
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
204 000
income
-
-
-
34 917
pensions
-
-
-
33 874
other
-
-
-
6 324
health
-
-
-
9 445
surtax
-
-
-
-
social contributions
-
-
-
5 812
total
-
-
-
90 372
Employee
63 206
-
156 613
-
social contributions
1 800
-
4 462
-
surtax
-
-
-
-
income
5 515
-
31 619
-
pensions
7 149
-
11 418
-
total
14 464
-
47 499
-
Employer
63 206
-
156 613
-
other
2 181
-
6 334
-
social contributions
190
-
469
-
unemployment
2 560
-
6 343
-
pensions
10 386
-
19 127
-
health
4 424
-
15 115
-
total
19 741
-
47 388
-
Corporate
121 053
204 000
-
-
surtax
-
-
-
-
income
33 895
57 119
-
-
total
33 895
57 119
-
-
Dividends
87 158
146 881
-
-
surtax
-
-
-
-
social contributions
14 991
25 262
-
-
withholding
11 155
18 800
-
-
total
26 146
44 062
-
-
Income
204 000
204 000
204 000
204 000
Total tax
94 246
101 181
94 887
90 372
After tax
109 754
102 819
109 113
113 628
Living cost
48 742
48 742
48 742
48 742
Free-cash
61 013
54 077
60 372
64 887

Estimated living cost  is ₽48742 per week

₽32987
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3987
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽668
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11098
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Paris model

Close
Andorra , Andorra
₽153265
₽149873
₽119001
₽124422
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
204 000
income
-
-
-
9 784
social contributions
-
-
-
44 880
total
-
-
-
54 664
Employee
32 444
-
176 624
-
income
-
-
10 386
-
social contributions
2 109
-
11 481
-
total
2 109
-
21 867
-
Employer
32 444
-
176 624
-
social contributions
5 029
-
27 376
-
total
5 029
-
27 376
-
Corporate
166 527
204 000
-
-
income
16 654
20 400
-
-
total
16 654
20 400
-
-
Dividends
149 874
183 600
-
-
total
-
-
-
-
Income
204 000
204 000
204 000
204 000
Total tax
23 792
20 400
49 243
54 664
After tax
180 208
183 600
154 757
149 336
Living cost
30 335
30 335
30 335
30 335
Free-cash
149 873
153 265
124 422
119 001

Estimated living cost  is ₽30335 per week

₽19614
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2287
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7863
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Andorra model

Close
Copenhagen , Denmark
-₽15971
-₽15971
₽70180
-₽15971
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
204 000
municipal
-
-
-
43 271
pensions
-
-
-
875
national
-
-
-
24 801
labour market
-
-
-
16 250
total
-
-
-
85 197
Employee
205 225
205 225
205 225
-
labour market
16 395
16 395
16 395
-
national
25 072
25 072
25 072
-
municipal
43 701
43 701
43 701
-
pensions
292
292
292
-
total
85 460
85 460
85 460
-
Employer
205 225
205 225
205 225
-
labour market
16 418
16 418
16 418
-
municipal
43 771
43 771
43 771
-
pensions
583
583
583
-
national
25 116
25 116
25 116
-
total
85 888
85 888
85 888
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
204 000
204 000
204 000
204 000
Total tax
171 348
171 348
171 348
85 197
After tax
32 652
32 652
32 652
118 803
Living cost
48 623
48 623
48 623
48 623
Free-cash
-15 971
-15 971
-15 971
70 180

Estimated living cost  is ₽48623 per week

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

Source of data for Copenhagen model

Close
Krakow , Poland
-₽5219
₽13189
₽117613
₽90024
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
204 000
accident
-
-
-
253
income
-
-
-
57 657
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
64 644
Employee
34 203
-
185 313
-
health
3 917
-
21 219
-
income
4 692
-
44 674
-
pensions
3 852
-
7 653
-
total
12 461
-
73 546
-
Employer
34 203
-
185 313
-
accident
571
-
3 095
-
unemployment
838
-
4 540
-
pensions
5 561
-
11 052
-
total
6 970
-
18 687
-
Corporate
162 826
204 000
-
-
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.

146 543
183 600
-
-
total
146 543
183 600
-
-
Dividends
16 283
20 400
-
-
withholding
3 094
3 876
-
-
total
3 094
3 876
-
-
Income
204 000
204 000
204 000
204 000
Total tax
169 068
187 476
92 233
64 644
After tax
34 932
16 524
111 767
139 356
Living cost
21 743
21 743
21 743
21 743
Free-cash
13 189
-5 219
90 024
117 613

Estimated living cost  is ₽21743 per week

₽15827
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1239
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4269
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Krakow model

Close
Helsinki , Finland
₽87455
₽90574
₽89021
₽65653
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
204 000
municipal
-
-
-
36 230
health
-
-
-
2 721
national
-
-
-
37 283
total
-
-
-
76 234
Employee
53 094
-
171 616
-
health
396
-
2 222
-
municipal
8 696
-
27 943
-
pensions
3 583
-
11 584
-
unemployment
797
-
2 574
-
national
877
-
22 895
-
total
14 349
-
67 218
-
Employer
53 094
-
171 616
-
accident
54
-
172
-
unemployment
345
-
1 115
-
pensions
9 212
-
29 776
-
health
408
-
1 321
-
total
10 019
-
32 384
-
Corporate
140 888
204 000
-
-
income
28 177
40 801
-
-
total
28 177
40 801
-
-
Dividends

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

84 533
122 399
-
-
national
6 921
14 968
-
-
municipal
15 215
22 031
-
-
total
22 136
36 999
-
-
Income
204 000
204 000
204 000
204 000
Total tax
74 681
77 800
99 602
76 234
After tax
129 319
126 200
104 398
127 766
Living cost
38 745
38 745
38 745
38 745
Free-cash
90 574
87 455
65 653
89 021

Estimated living cost  is ₽38745 per week

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

Additional information

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

Source of data for Helsinki model

Close
Larnaca , Cyprus
₽125372
₽119878
₽114756
₽113032
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
204 000
income
-
-
-
44 350
health
-
-
-
5 201
social contributions
-
-
-
16 328
total
-
-
-
65 879
Employee
77 600
77 600
191 766
-
social contributions
2 934
6 440
8 687
-
health
601
1 319
3 259
-
income
8 449
7 183
43 423
-
total
11 984
14 942
55 369
-
Employer
77 600
77 600
191 766
-
social contributions
2 934
6 440
8 687
-
health
653
1 436
3 547
-
total
3 587
7 876
12 234
-
Corporate
165 063
118 523
-
-
income
20 633
14 815
-
-
total
20 633
14 815
-
-
Dividends
144 430
103 708
-
-
withholding
24 553
17 630
-
-
total
24 553
17 630
-
-
Income
204 000
204 000
204 000
204 000
Total tax
60 757
55 263
67 603
65 879
After tax
143 243
148 737
136 397
138 121
Living cost
23 365
23 365
23 365
23 365
Free-cash
119 878
125 372
113 032
114 756

Estimated living cost  is ₽23365 per week

₽14003
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2292
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6553
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Larnaca model

Close
Podgorica , Montenegro
₽152910
₽147774
₽156905
₽136663
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
204 000
income
-
-
-
20 972
pensions
-
-
-
6 419
unemployment
-
-
-
29
health
-
-
-
3 652
total
-
-
-
31 072
Employee

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

23 164
-
194 137
-
health
1 969
-
8 139
-
income
1 584
-
18 471
-
pensions
3 474
-
14 363
-
unemployment
115
-
479
-
total
7 142
-
41 452
-
Employer

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

23 164
-
194 137
-
unemployment
115
-
479
-
pensions
1 274
-
5 266
-
health
996
-
4 117
-
total
2 385
-
9 862
-
Corporate
178 452
204 000
-
-
income
16 060
18 360
-
-
total
16 060
18 360
-
-
Dividends
162 392
185 640
-
-
withholding
14 616
16 707
-
-
total
14 616
16 707
-
-
Income
204 000
204 000
204 000
204 000
Total tax
40 203
35 067
51 314
31 072
After tax
163 797
168 933
152 686
172 928
Living cost
16 023
16 023
16 023
16 023
Free-cash
147 774
152 910
136 663
156 905

Estimated living cost  is ₽16023 per week

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

Source of data for Podgorica model

Close
Valencia , Spain
₽107913
₽103456
₽86440
₽82205
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
204 000
accident
-
-
-
843
income
-
-
-
61 747
pensions
-
-
-
26 470
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
89 809
Employee
37 315
-
174 180
-
other
36
-
94
-
income
7 194
-
58 283
-
pensions
1 754
-
4 397
-
unemployment
578
-
1 450
-
total
9 562
-
64 224
-
Employer
37 315
-
174 180
-
accident
739
-
1 852
-
other
299
-
749
-
unemployment
2 053
-
5 144
-
pensions
8 806
-
22 075
-
total
11 897
-
29 820
-
Corporate
154 789
204 000
-
-
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.

23 219
30 599
-
-
total
23 219
30 599
-
-
Dividends
131 570
173 401
-
-
withholding
28 115
37 737
-
-
total
28 115
37 737
-
-
Income
204 000
204 000
204 000
204 000
Total tax
72 793
68 336
94 044
89 809
After tax
131 207
135 664
109 956
114 191
Living cost
27 751
27 751
27 751
27 751
Free-cash
103 456
107 913
82 205
86 440

Estimated living cost  is ₽27751 per week

₽18731
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2668
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5866
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Valencia model

Close
Istanbul , Turkey
₽124540
₽124086
₽128226
₽128028
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
204 000
income
-
-
-
69 551
pensions
-
-
-
2 010
health
-
-
-
1 457
total
-
-
-
73 018
Employee
4 198
-
201 738
-
health
210
-
503
-
income
812
-
69 445
-
pensions
378
-
905
-
unemployment
42
-
101
-
total
1 442
-
70 954
-
Employer
4 198
-
201 738
-
unemployment
84
-
201
-
pensions
462
-
1 106
-
health
399
-
955
-
total
945
-
2 262
-
Corporate
198 858
204 000
-
-
income
43 749
44 880
-
-
total
43 749
44 880
-
-
Dividends
155 109
159 120
-
-
withholding
31 022
31 824
-
-
total
31 022
31 824
-
-
Income
204 000
204 000
204 000
204 000
Total tax
77 158
76 704
73 216
73 018
After tax
126 842
127 296
130 784
130 982
Living cost
2 756
2 756
2 756
2 756
Free-cash
124 086
124 540
128 028
128 226

Estimated living cost  is ₽2756 per week

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

Source of data for Istanbul model

Close
Belgrade , Serbia
₽129937
₽124972
₽111570
₽111571
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
204 000
income
-
-
-
46 784
pensions
-
-
-
19 392
unemployment
-
-
-
1 119
health
-
-
-
7 682
total
-
-
-
74 977
Employee

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

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

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

26 319
-
190 649
-
health
1 355
-
3 841
-
income
3 628
-
46 784
-
pensions
3 685
-
10 442
-
unemployment
197
-
559
-
total
8 865
-
61 626
-
Employer

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

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

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

26 319
-
190 649
-
unemployment
197
-
559
-
pensions
3 158
-
8 950
-
health
1 355
-
3 841
-
total
4 710
-
13 350
-
Corporate
172 970
204 000
-
-
income
25 946
30 600
-
-
total
25 946
30 600
-
-
Dividends
147 025
173 400
-
-
withholding
22 054
26 010
-
-
total
22 054
26 010
-
-
Income
204 000
204 000
204 000
204 000
Total tax
61 575
56 610
74 976
74 977
After tax
142 425
147 390
129 024
129 023
Living cost
17 453
17 453
17 453
17 453
Free-cash
124 972
129 937
111 571
111 570

Estimated living cost  is ₽17453 per week

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

Source of data for Belgrade model

Close
Porto , Portugal
₽88829
₽88465
₽80360
₽64894
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
204 000
income
-
-
-
25 543
surtax
-
-
-
-
social contributions

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

-
-
-
70 891
total
-
-
-
96 434
Employee
39 168
-
164 848
-
social contributions
4 309
-
18 134
-
surtax
-
-
-
-
income
7 653
-
54 614
-
total
11 962
-
72 748
-
Employer
39 168
-
164 848
-
social contributions
9 302
-
39 152
-
total
9 302
-
39 152
-
Corporate
155 530
204 000
-
-
surtax
-
-
-
-
income
32 662
42 840
-
-
total
32 662
42 840
-
-
Dividends
122 869
161 160
-
-
withholding
34 403
45 125
-
-
total
34 403
45 125
-
-
Income
204 000
204 000
204 000
204 000
Total tax
88 329
87 965
111 900
96 434
After tax
115 671
116 035
92 100
107 566
Living cost
27 206
27 206
27 206
27 206
Free-cash
88 465
88 829
64 894
80 360

Estimated living cost  is ₽27206 per week

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

Source of data for Porto model

Close
Madrid , Spain
₽100197
₽93592
₽78724
₽74489
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
204 000
accident
-
-
-
843
income
-
-
-
61 747
pensions
-
-
-
26 470
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
89 809
Employee
48 738
-
174 180
-
other
48
-
94
-
income
10 180
-
58 283
-
pensions
2 290
-
4 397
-
unemployment
755
-
1 450
-
total
13 273
-
64 224
-
Employer
48 738
-
174 180
-
accident
965
-
1 852
-
other
391
-
749
-
unemployment
2 681
-
5 144
-
pensions
11 502
-
22 075
-
total
15 539
-
29 820
-
Corporate
139 723
204 000
-
-
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.

20 959
30 599
-
-
total
20 959
30 599
-
-
Dividends
118 764
173 401
-
-
withholding
25 170
37 737
-
-
total
25 170
37 737
-
-
Income
204 000
204 000
204 000
204 000
Total tax
74 941
68 336
94 044
89 809
After tax
129 059
135 664
109 956
114 191
Living cost
35 467
35 467
35 467
35 467
Free-cash
93 592
100 197
74 489
78 724

Estimated living cost  is ₽35467 per week

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

Source of data for Madrid model

Close
Sofia , Bulgaria
₽157050
₽150896
₽146612
₽154894
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
204 000
income
-
-
-
30 600
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
40 017
Employee
23 001
-
197 080
-
health
1 058
-
1 622
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
income
2 300
-
19 708
-
pensions

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

2 019
-
3 097
-
total
5 630
-
24 815
-
Employer
23 001
-
197 080
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
unemployment
138
-
212
-
pensions

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

2 535
-
3 887
-
health
1 587
-
2 434
-
total
4 513
-
6 921
-
Corporate
176 486
204 000
-
-
income
17 649
20 400
-
-
total
17 649
20 400
-
-
Dividends
158 837
183 600
-
-
withholding
7 942
9 180
-
-
total
7 942
9 180
-
-
Income
204 000
204 000
204 000
204 000
Total tax
35 734
29 580
31 736
40 017
After tax
168 266
174 420
172 264
163 983
Living cost
17 370
17 370
17 370
17 370
Free-cash
150 896
157 050
154 894
146 612

Estimated living cost  is ₽17370 per week

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

Source of data for Sofia model

Close
Berlin , Germany
₽65986
₽79188
₽66006
₽88547
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
204 000
trade
-
-
-
22 541
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.

-
-
-
65 969
health

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

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

-
-
-
6 894
surtax

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

-
-
-
3 629
total
-
-
-
99 033
Employee

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

50 212
-
204 000
-
health

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

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

6 894
-
6 894
-
surtax

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

228
-
3 629
-
income

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

4 129
-
65 969
-
total
11 251
-
76 492
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
153 788
204 000
-
-
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.

1 268
1 683
-
-
income
23 067
30 599
-
-
trade
22 069
29 274
-
-
chamber of commerce
379
452
-
-
total
46 783
62 008
-
-
Dividends
107 004
141 991
-
-
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.

1 450
1 930
-
-
withholding
26 367
35 115
-
-
total
27 817
37 045
-
-
Income
204 000
204 000
204 000
204 000
Total tax
85 851
99 053
76 492
99 033
After tax
118 149
104 947
127 508
104 967
Living cost
38 961
38 961
38 961
38 961
Free-cash
79 188
65 986
88 547
66 006

Estimated living cost  is ₽38961 per week

₽26876
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4192
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7327
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Berlin model

Close
Dublin , Ireland
₽85313
₽87540
₽46950
₽46950
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
204 000
income
-
-
-
64 920
social contributions
-
-
-
34 643
total
-
-
-
99 563
Employee
78 939
-
204 000
-
income
14 896
-
64 920
-
social contributions
6 558
-
34 643
-
total
21 454
-
99 563
-
Employer
78 939
-
204 000
-
total
-
-
-
-
Corporate
125 061
204 000
-
-
income
15 633
25 499
-
-
total
15 633
25 499
-
-
Dividends
109 428
178 501
-
-
withholding
21 886
35 701
-
-
total
21 886
35 701
-
-
Income
204 000
204 000
204 000
204 000
Total tax
58 973
61 200
99 563
99 563
After tax
145 027
142 800
104 437
104 437
Living cost
57 487
57 487
57 487
57 487
Free-cash
87 540
85 313
46 950
46 950

Estimated living cost  is ₽57487 per week

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

Additional information

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

Source of data for Dublin model

Close
Sliema , Malta
₽90635
₽94163
₽130027
₽106814
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
204 000
income
-
-
-
30 599
health

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

-
-
-
6 741
total
-
-
-
37 340
Employee
46 295
-
199 358
-
income
5 023
-
51 269
-
social contributions
4 638
-
4 642
-
total
9 661
-
55 911
-
Employer
46 295
-
199 358
-
social contributions
4 638
-
4 642
-
total
4 638
-
4 642
-
Corporate
153 067
204 000
-
-
income
53 573
71 400
-
-
total
53 573
71 400
-
-
Dividends
99 494
132 600
-
-
social contributions
5 332
5 332
-
-
total
5 332
5 332
-
-
Income
204 000
204 000
204 000
204 000
Total tax
73 204
76 732
60 553
37 340
After tax
130 796
127 268
143 447
166 660
Living cost
36 633
36 633
36 633
36 633
Free-cash
94 163
90 635
106 814
130 027

Estimated living cost  is ₽36633 per week

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

Source of data for Sliema model

Close
Edinburgh , United Kingdom
₽93159
₽99152
₽95737
₽77416
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
204 000
income
-
-
-
61 024
pensions
-
-
-
9 624
total
-
-
-
70 648
Employee
51 632
-
177 969
-
health
674
-
2 480
-
income
9 403
-
48 809
-
pensions
3 941
-
11 649
-
total
14 018
-
62 938
-
Employer
51 632
-
177 969
-
pensions
5 217
-
22 650
-
health
981
-
3 381
-
total
6 198
-
26 031
-
Corporate
146 170
204 000
-
-
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.

27 773
38 759
-
-
total
27 773
38 759
-
-
Dividends
118 397
165 241
-
-
withholding
19 244
34 467
-
-
total
19 244
34 467
-
-
Income
204 000
204 000
204 000
204 000
Total tax
67 233
73 226
88 969
70 648
After tax
136 767
130 774
115 031
133 352
Living cost
37 615
37 615
37 615
37 615
Free-cash
99 152
93 159
77 416
95 737

Estimated living cost  is ₽37615 per week

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

Additional information

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

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

Source of data for Edinburgh model

Close
Warsaw , Poland
-₽7372
₽12857
₽115460
₽87871
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
204 000
accident
-
-
-
253
income
-
-
-
57 657
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
64 644
Employee
37 589
-
185 313
-
health
4 304
-
21 219
-
income
5 157
-
44 674
-
pensions
4 233
-
7 653
-
total
13 694
-
73 546
-
Employer
37 589
-
185 313
-
accident
628
-
3 095
-
unemployment
921
-
4 540
-
pensions
6 112
-
11 052
-
total
7 661
-
18 687
-
Corporate
158 751
204 000
-
-
income

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

142 876
183 600
-
-
total
142 876
183 600
-
-
Dividends
15 875
20 400
-
-
withholding
3 016
3 876
-
-
total
3 016
3 876
-
-
Income
204 000
204 000
204 000
204 000
Total tax
167 247
187 476
92 233
64 644
After tax
36 753
16 524
111 767
139 356
Living cost
23 896
23 896
23 896
23 896
Free-cash
12 857
-7 372
87 871
115 460

Estimated living cost  is ₽23896 per week

₽17537
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1392
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4485
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Warsaw model

Close
Skopje , Macedonia
₽142429
₽153313
₽111956
₽134148
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
204 000
work injury
-
-
-
807
health insurance
-
-
-
11 943
income
-
-
-
34 031
pensions
-
-
-
29 695
unemployment
-
-
-
1 937
total
-
-
-
78 413
Employee

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

21 810
-
204 000
-
work injury
109
-
403
-
income
2 181
-
34 031
-
pensions
4 013
-
14 848
-
health insurance
1 614
-
5 971
-
unemployment
262
-
968
-
total
8 179
-
56 221
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
182 190
204 000
-
-
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%.

1 822
20 400
-
-
total
1 822
20 400
-
-
Dividends
180 368
183 600
-
-
withholding
27 055
27 540
-
-
total
27 055
27 540
-
-
Income
204 000
204 000
204 000
204 000
Total tax
37 056
47 940
56 221
78 413
After tax
166 944
156 060
147 779
125 587
Living cost
13 631
13 631
13 631
13 631
Free-cash
153 313
142 429
134 148
111 956

Estimated living cost  is ₽13631 per week

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

Source of data for Skopje model

Close
Rome , Italy
₽67252
₽62660
₽54212
₽45798
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
204 000
municipal
-
-
-
1 381
regional
-
-
-
4 773
national
-
-
-
52 922
social contributions
-
-
-
50 509
total
-
-
-
109 585
Employee
85 039
-
204 000
-
social contributions
28 675
-
66 218
-
regional
1 284
-
4 256
-
municipal
507
-
1 241
-
national
14 371
-
46 284
-
total
44 837
-
117 999
-
Employer
85 039
-
204 000
-
total
-
-
-
-
Corporate
118 961
204 000
-
-
nationa
28 550
48 959
-
-
municipal
5 734
9 832
-
-
total
34 284
58 791
-
-
Dividends
84 677
145 209
-
-
withholding
22 016
37 754
-
-
total
22 016
37 754
-
-
Income
204 000
204 000
204 000
204 000
Total tax
101 137
96 545
117 999
109 585
After tax
102 863
107 455
86 001
94 415
Living cost
40 203
40 203
40 203
40 203
Free-cash
62 660
67 252
45 798
54 212

Estimated living cost  is ₽40203 per week

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

Source of data for Rome model

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

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

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

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

Close

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

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

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

Close