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
₽ 205000
per

Your estimated
City
free-cash

Dresden , Germany
₽72577
₽83812
₽72538
₽97386
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
205 000
trade
-
-
-
24 848
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.

-
-
-
66 254
health

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

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

-
-
-
6 941
surtax

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

-
-
-
3 644
total
-
-
-
101 687
Employee

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

38 861
-
205 000
-
health

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

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

6 941
-
6 941
-
surtax

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

60
-
3 644
-
income

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

1 086
-
66 254
-
total
8 087
-
76 839
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
166 139
205 000
-
-
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.

1 371
1 691
-
-
income
24 921
30 750
-
-
trade
26 167
32 288
-
-
chamber of commerce
393
449
-
-
total
52 852
65 178
-
-
Dividends
113 287
139 822
-
-
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.

1 537
1 901
-
-
withholding
27 937
34 569
-
-
total
29 474
36 470
-
-
Income
205 000
205 000
205 000
205 000
Total tax
90 413
101 648
76 839
101 687
After tax
114 587
103 352
128 161
103 313
Living cost
30 775
30 775
30 775
30 775
Free-cash
83 812
72 577
97 386
72 538

Estimated living cost  is ₽30775 per week

₽19358
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3588
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7254
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Dresden model

Close
Reykjavik , Iceland
₽76652
₽75800
₽67144
₽68245
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
205 000
municipal
-
-
-
22 648
pensions
-
-
-
24 600
national
-
-
-
37 136
social contributions
-
-
-
2 204
total
-
-
-
86 588
Employee
79 474
-
177 221
-
municipal
9 816
-
23 441
-
pensions
3 179
-
7 089
-
national
15 211
-
38 874
-
total
28 206
-
69 404
-
Employer
79 474
-
177 221
-
social contributions
854
-
1 905
-
pensions
6 358
-
14 178
-
total
7 212
-
16 083
-
Corporate
113 068
205 000
-
-
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%.

22 614
41 000
-
-
total
22 614
41 000
-
-
Dividends
90 454
164 000
-
-
withholding
19 900
36 080
-
-
total
19 900
36 080
-
-
Income
205 000
205 000
205 000
205 000
Total tax
77 932
77 080
85 487
86 588
After tax
127 068
127 920
119 513
118 412
Living cost
51 268
51 268
51 268
51 268
Free-cash
75 800
76 652
68 245
67 144

Estimated living cost  is ₽51268 per week

₽34846
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4766
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽767
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10889
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Reykjavik model

Close
Riga , Latvia
₽142862
₽134528
₽51840
₽66752
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
205 000
microenterprise
-
-
-
-
income
-
-
-
40 818
surtax
-
-
-
52 275
social contributions

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

-
-
-
38 929
total
-
-
-
132 022
Employee
29 689
-
158 405
-
social contributions

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

3 266
-
13 319
-
surtax
-
-
22 968
-
income
5 285
-
34 228
-
total
8 551
-
70 515
-
Employer
29 689
-
158 405
-
social contributions

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

7 151
-
29 171
-
surtax
-
-
17 424
-
total
7 151
-
46 595
-
Corporate
168 159
205 000
-
-
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%.

33 632
41 000
-
-
total
33 632
41 000
-
-
Dividends

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

134 527
164 000
-
-
total
-
-
-
-
Income
205 000
205 000
205 000
205 000
Total tax
49 334
41 000
117 110
132 022
After tax
155 666
164 000
87 890
72 978
Living cost
21 138
21 138
21 138
21 138
Free-cash
134 528
142 862
66 752
51 840

Estimated living cost  is ₽21138 per week

₽13485
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2013
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5160
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Riga model

Close
Rotterdam , Netherlands
₽59319
₽53093
₽68802
₽88340
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
205 000
income
-
-
-
69 202
pensions
-
-
-
11 904
health
-
-
-
12 529
total
-
-
-
93 635
Employee
86 765
86 765
186 118
-
health
13 318
11 328
12 529
-
income

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

14 202
14 202
30 782
-
pensions
15 618
11 904
11 904
-
total
43 138
37 434
55 215
-
Employer
86 765
86 765
186 118
-
unemployment
3 124
3 124
3 881
-
pensions
6 039
6 039
7 506
-
health
6 031
6 031
7 495
-
total
15 194
15 194
18 882
-
Corporate
104 105
103 041
-
-
income
20 822
20 608
-
-
total
20 822
20 608
-
-
Dividends
83 284
82 433
-
-
income
17 698
17 517
-
-
withholding
12 492
12 365
-
-
total
30 190
29 882
-
-
Income
205 000
205 000
205 000
205 000
Total tax
109 344
103 118
74 097
93 635
After tax
95 656
101 882
130 903
111 365
Living cost
42 563
42 563
42 563
42 563
Free-cash
53 093
59 319
88 340
68 802

Estimated living cost  is ₽42563 per week

₽30164
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3837
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽677
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7886
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rotterdam model

Close
Stockholm , Sweden
₽72777
₽71897
₽64129
₽63180
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
205 000
municipal
-
-
-
53 718
accident
-
-
-
172
pensions
-
-
-
9 276
other
-
-
-
9 971
unemployment
-
-
-
86
health
-
-
-
5 354
national
-
-
-
23 141
total
-
-
-
101 718
Employee
55 789
-
178 039
-
municipal
16 636
-
53 091
-
national
-
-
22 615
-
total
16 636
-
75 706
-
Employer
55 789
-
178 039
-
accident
112
-
172
-
other
6 483
-
9 971
-
unemployment
1 473
-
2 265
-
pensions
6 031
-
9 276
-
health
3 431
-
5 277
-
total
17 530
-
26 961
-
Corporate
131 682
205 000
-
-
income
28 970
45 100
-
-
total
28 970
45 100
-
-
Dividends
102 712
159 900
-
-
withholding
30 814
47 970
-
-
total
30 814
47 970
-
-
Income
205 000
205 000
205 000
205 000
Total tax
93 950
93 070
102 667
101 718
After tax
111 050
111 930
102 333
103 282
Living cost
39 153
39 153
39 153
39 153
Free-cash
71 897
72 777
63 180
64 129

Estimated living cost  is ₽39153 per week

₽25949
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3842
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽595
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8767
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Stockholm model

Close
Hamburg , Germany
₽62382
₽76658
₽62294
₽88247
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
205 000
trade
-
-
-
25 953
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.

-
-
-
66 254
health

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

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

-
-
-
6 941
surtax

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

-
-
-
3 644
total
-
-
-
102 792
Employee

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

51 525
-
205 000
-
health

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

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

6 941
-
6 941
-
surtax

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

243
-
3 644
-
income

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

4 427
-
66 254
-
total
11 611
-
76 839
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
153 475
205 000
-
-
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.

1 267
1 691
-
-
income
23 022
30 750
-
-
trade
25 247
33 723
-
-
chamber of commerce
372
445
-
-
total
49 908
66 609
-
-
Dividends
103 567
138 391
-
-
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.

1 404
1 882
-
-
withholding
25 505
34 213
-
-
total
26 909
36 095
-
-
Income
205 000
205 000
205 000
205 000
Total tax
88 428
102 704
76 839
102 792
After tax
116 572
102 296
128 161
102 208
Living cost
39 914
39 914
39 914
39 914
Free-cash
76 658
62 382
88 247
62 294

Estimated living cost  is ₽39914 per week

₽26695
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4209
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽596
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8414
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Hamburg model

Close
Limassol , Cyprus
₽116511
₽112298
₽105861
₽104127
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
205 000
income
-
-
-
44 518
health
-
-
-
5 227
social contributions
-
-
-
16 439
total
-
-
-
66 184
Employee
78 128
78 128
192 689
-
social contributions
3 796
6 484
8 746
-
health
777
1 328
3 276
-
income
8 204
7 232
43 585
-
total
12 777
15 044
55 607
-
Employer
78 128
78 128
192 689
-
social contributions
3 796
6 484
8 746
-
health
846
1 446
3 565
-
total
4 642
7 930
12 311
-
Corporate
154 624
118 941
-
-
income
19 327
14 868
-
-
total
19 327
14 868
-
-
Dividends
135 297
104 073
-
-
withholding
23 001
17 692
-
-
total
23 001
17 692
-
-
Income
205 000
205 000
205 000
205 000
Total tax
59 747
55 534
67 918
66 184
After tax
145 253
149 466
137 082
138 816
Living cost
32 955
32 955
32 955
32 955
Free-cash
112 298
116 511
104 127
105 861

Estimated living cost  is ₽32955 per week

₽22528
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2574
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7300
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Limassol model

Close
Budapest , Hungary
₽96698
₽97080
₽123610
₽100436
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
205 000
income
-
-
-
25 061
pensions
-
-
-
20 500
unemployment
-
-
-
3 075
health
-
-
-
14 350
total
-
-
-
62 986
Employee

As of 2018, the minimum salary of a managing director was set at 180,500 HUF per month.

The minimum wage is 138,000 HUF per month.

26 567
10 573
171 548
-
health
1 860
740
12 008
-
income
3 248
1 293
20 972
-
pensions
2 657
1 057
17 155
-
unemployment
399
159
2 573
-
total
8 164
3 249
52 708
-
Employer

As of 2018, the minimum salary of a managing director was set at 180,500 HUF per month.

The minimum wage is 138,000 HUF per month.

26 567
10 573
171 548
-
pensions
5 181
2 062
33 452
-
total
5 181
2 062
33 452
-
Corporate
173 253
192 365
-
-
income
15 593
17 313
-
-
total
15 593
17 313
-
-
Dividends
157 660
175 052
-
-
social contributions
30 623
34 014
-
-
withholding
29 955
33 260
-
-
total
60 578
67 274
-
-
Income
205 000
205 000
205 000
205 000
Total tax
89 516
89 898
86 160
62 986
After tax
115 484
115 102
118 840
142 014
Living cost
18 404
18 404
18 404
18 404
Free-cash
97 080
96 698
100 436
123 610

Estimated living cost  is ₽18404 per week

₽12559
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1506
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽368
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3971
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Budapest model

Close
Tallinn , Estonia
₽139459
₽133147
₽85339
₽93620
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
205 000
income
-
-
-
27 470
pensions
-
-
-
41 000
health
-
-
-
26 650
total
-
-
-
95 120
Employee
28 823
-
153 213
-
income
3 245
-
29 539
-
pensions
577
-
3 064
-
unemployment
461
-
2 451
-
total
4 283
-
35 054
-
Employer
28 823
-
153 213
-
unemployment
231
-
1 226
-
pensions
5 765
-
30 642
-
health
3 746
-
19 917
-
total
9 742
-
51 785
-
Corporate
166 434
205 000
-
-
income
33 287
41 000
-
-
total
33 287
41 000
-
-
Dividends
133 147
164 000
-
-
total
-
-
-
-
Income
205 000
205 000
205 000
205 000
Total tax
47 312
41 000
86 839
95 120
After tax
157 688
164 000
118 161
109 880
Living cost
24 541
24 541
24 541
24 541
Free-cash
133 147
139 459
93 620
85 339

Estimated living cost  is ₽24541 per week

₽16833
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1462
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5754
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Tallinn model

Close
Gdansk , Poland
-₽5588
₽13201
₽117847
₽90119
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
205 000
accident
-
-
-
255
income
-
-
-
57 934
pensions
-
-
-
4 197
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
64 960
Employee
34 910
-
186 214
-
health
3 997
-
21 321
-
income
4 789
-
44 885
-
pensions
3 931
-
7 696
-
total
12 717
-
73 902
-
Employer
34 910
-
186 214
-
accident
583
-
3 110
-
unemployment
855
-
4 562
-
pensions
5 677
-
11 114
-
total
7 115
-
18 786
-
Corporate
162 975
205 000
-
-
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.

146 677
184 500
-
-
total
146 677
184 500
-
-
Dividends
16 298
20 500
-
-
withholding
3 097
3 895
-
-
total
3 097
3 895
-
-
Income
205 000
205 000
205 000
205 000
Total tax
169 606
188 395
92 688
64 960
After tax
35 394
16 605
112 312
140 040
Living cost
22 193
22 193
22 193
22 193
Free-cash
13 201
-5 588
90 119
117 847

Estimated living cost  is ₽22193 per week

₽16265
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1230
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4235
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Gdansk model

Close
Batumi , Georgia
₽185489
₽183753
₽193689
₽154739
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
205 000
microenterprise

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

-
-
-
2 050
total
-
-
-
2 050
Employee
11 576
-
205 000
-
income
2 315
-
41 000
-
total
2 315
-
41 000
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

193 424
205 000
-
-
total
-
-
-
-
Dividends
193 424
205 000
-
-
withholding
9 671
10 250
-
-
total
9 671
10 250
-
-
Income
205 000
205 000
205 000
205 000
Total tax
11 986
10 250
41 000
2 050
After tax
193 014
194 750
164 000
202 950
Living cost
9 261
9 261
9 261
9 261
Free-cash
183 753
185 489
154 739
193 689

Estimated living cost  is ₽9261 per week

₽5739
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽770
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽255
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2497
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Batumi model

Close
Bratislava , Slovakia
₽123541
₽116678
₽92563
₽90816
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
205 000
income
-
-
-
34 145
pensions

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

-
-
-
37 082
other
-
-
-
7 338
health
-
-
-
6 799
total
-
-
-
85 364
Employee
36 891
-
165 973
-
health
517
-
2 163
-
income
6 351
-
33 563
-
pensions

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

2 582
-
10 815
-
unemployment
368
-
1 544
-
total
9 818
-
48 085
-
Employer
36 891
-
165 973
-
accident
295
-
1 328
-
other
1 845
-
7 724
-
unemployment
368
-
1 544
-
pensions

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

6 272
-
26 267
-
health
517
-
2 163
-
total
9 297
-
39 026
-
Corporate
158 811
205 000
-
-
income
33 351
43 049
-
-
total
33 351
43 049
-
-
Dividends
125 461
161 951
-
-
withholding
8 783
11 337
-
-
total
8 783
11 337
-
-
Income
205 000
205 000
205 000
205 000
Total tax
61 249
54 386
87 111
85 364
After tax
143 751
150 614
117 889
119 636
Living cost
27 073
27 073
27 073
27 073
Free-cash
116 678
123 541
90 816
92 563

Estimated living cost  is ₽27073 per week

₽19129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1828
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽436
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5680
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Bratislava model

Close
London , United Kingdom
₽63105
₽71139
₽65666
₽47251
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
205 000
income
-
-
-
61 226
pensions
-
-
-
9 699
total
-
-
-
70 925
Employee
96 788
-
178 851
-
health
1 595
-
2 496
-
income
17 447
-
48 947
-
pensions
9 337
-
11 748
-
total
28 379
-
63 191
-
Employer
96 788
-
178 851
-
pensions
11 428
-
22 752
-
health
1 838
-
3 397
-
total
13 266
-
26 149
-
Corporate
94 946
205 000
-
-
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.

18 040
38 949
-
-
total
18 040
38 949
-
-
Dividends
76 906
166 051
-
-
withholding
5 767
34 537
-
-
total
5 767
34 537
-
-
Income
205 000
205 000
205 000
205 000
Total tax
65 452
73 486
89 340
70 925
After tax
139 548
131 514
115 660
134 075
Living cost
68 409
68 409
68 409
68 409
Free-cash
71 139
63 105
47 251
65 666

Estimated living cost  is ₽68409 per week

₽51260
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽8038
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8556
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

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

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

Source of data for London model

Close
Varna , Bulgaria
₽161953
₽157233
₽151451
₽159772
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
205 000
income
-
-
-
30 750
pensions

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

-
-
-
5 253
unemployment
-
-
-
142
health
-
-
-
4 082
total
-
-
-
40 227
Employee
17 641
-
198 037
-
health
811
-
1 633
-
accident

We are using the highest rate at 1.1%.

194
-
390
-
income
1 764
-
19 804
-
pensions

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

1 549
-
3 116
-
total
4 318
-
24 943
-
Employer
17 641
-
198 037
-
accident

We are using the highest rate at 1.1%.

194
-
390
-
unemployment
105
-
213
-
pensions

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

1 944
-
3 911
-
health
1 218
-
2 449
-
total
3 461
-
6 963
-
Corporate
183 898
205 000
-
-
income
18 390
20 500
-
-
total
18 390
20 500
-
-
Dividends
165 508
184 500
-
-
withholding
8 276
9 225
-
-
total
8 276
9 225
-
-
Income
205 000
205 000
205 000
205 000
Total tax
34 445
29 725
31 906
40 227
After tax
170 555
175 275
173 094
164 773
Living cost
13 322
13 322
13 322
13 322
Free-cash
157 233
161 953
159 772
151 451

Estimated living cost  is ₽13322 per week

₽7778
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽951
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽353
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4240
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Varna model

Close
Amsterdam , Netherlands
₽45541
₽48098
₽55024
₽74562
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
205 000
income
-
-
-
69 202
pensions
-
-
-
11 904
health
-
-
-
12 529
total
-
-
-
93 635
Employee
94 199
86 765
186 118
-
health
11 752
11 328
12 529
-
income

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

14 202
14 202
30 782
-
pensions
11 904
11 904
11 904
-
total
37 858
37 434
55 215
-
Employer
94 199
86 765
186 118
-
unemployment
3 392
3 124
3 881
-
pensions
6 556
6 039
7 506
-
health
6 546
6 031
7 495
-
total
16 494
15 194
18 882
-
Corporate
94 307
103 041
-
-
income
18 861
20 608
-
-
total
18 861
20 608
-
-
Dividends
75 447
82 433
-
-
income
16 032
17 517
-
-
withholding
11 316
12 365
-
-
total
27 348
29 882
-
-
Income
205 000
205 000
205 000
205 000
Total tax
100 561
103 118
74 097
93 635
After tax
104 439
101 882
130 903
111 365
Living cost
56 341
56 341
56 341
56 341
Free-cash
48 098
45 541
74 562
55 024

Estimated living cost  is ₽56341 per week

₽41561
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽5032
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽646
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9103
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Amsterdam model

Close
Brno , Czech Republic
₽116869
₽108208
₽95169
₽86418
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
205 000
income
-
-
-
21 359
health
-
-
-
27 675
solidarity contribution
-
-
-
1 594
social contributions
-
-
-
34 929
total
-
-
-
85 557
Employee
35 697
-
160 638
-
social contributions
2 320
-
7 775
-
health
4 819
-
21 686
-
solidarity contribution
-
-
809
-
income
4 284
-
19 676
-
total
11 423
-
49 946
-
Employer
35 697
-
160 638
-
social contributions
8 924
-
29 905
-
health
3 213
-
14 457
-
total
12 137
-
44 362
-
Corporate
157 166
205 000
-
-
income
29 862
38 950
-
-
total
29 862
38 950
-
-
Dividends
127 305
166 050
-
-
withholding
19 096
24 907
-
-
total
19 096
24 907
-
-
Income
205 000
205 000
205 000
205 000
Total tax
72 518
63 857
94 308
85 557
After tax
132 482
141 143
110 692
119 443
Living cost
24 274
24 274
24 274
24 274
Free-cash
108 208
116 869
86 418
95 169

Estimated living cost  is ₽24274 per week

₽16861
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5209
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brno model

Close
Milan , Italy
₽66502
₽61198
₽54447
₽45706
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
205 000
municipal
-
-
-
1 234
regional
-
-
-
2 480
national
-
-
-
53 114
social contributions
-
-
-
50 852
total
-
-
-
107 680
Employee
90 299
-
205 000
-
social contributions
30 449
-
66 669
-
regional
852
-
2 206
-
municipal
478
-
1 107
-
national
15 647
-
46 439
-
total
47 426
-
116 421
-
Employer
90 299
-
205 000
-
total
-
-
-
-
Corporate
114 701
205 000
-
-
nationa
27 528
49 200
-
-
municipal
4 473
7 996
-
-
total
32 001
57 196
-
-
Dividends
82 700
147 804
-
-
withholding
21 502
38 429
-
-
total
21 502
38 429
-
-
Income
205 000
205 000
205 000
205 000
Total tax
100 929
95 625
116 421
107 680
After tax
104 071
109 375
88 579
97 320
Living cost
42 873
42 873
42 873
42 873
Free-cash
61 198
66 502
45 706
54 447

Estimated living cost  is ₽42873 per week

₽29886
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2811
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽657
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9517
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Milan model

Close
Thessaloniki , Greece
₽106524
₽103364
₽74245
₽68034
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
205 000
income
-
-
-
61 341
pensions
-
-
-
27 121
other
-
-
-
-
unemployment
-
-
-
231
health
-
-
-
9 627
surtax
-
-
-
10 015
total
-
-
-
108 335
Employee
33 600
-
176 456
-
other
-
-
-
-
health
858
-
3 457
-
surtax
110
-
8 798
-
income
5 632
-
55 264
-
pensions
2 240
-
9 045
-
unemployment
2 339
-
9 438
-
total
11 179
-
86 002
-
Employer
33 600
-
176 456
-
other
-
-
-
-
unemployment
1 064
-
4 298
-
pensions
4 479
-
18 076
-
health
1 529
-
6 170
-
total
7 072
-
28 544
-
Corporate
164 328
205 000
-
-
income
42 725
53 299
-
-
total
42 725
53 299
-
-
Dividends
121 603
151 701
-
-
withholding
18 240
22 756
-
-
total
18 240
22 756
-
-
Income
205 000
205 000
205 000
205 000
Total tax
79 216
76 055
114 546
108 335
After tax
125 784
128 945
90 454
96 665
Living cost
22 420
22 420
22 420
22 420
Free-cash
103 364
106 524
68 034
74 245

Estimated living cost  is ₽22420 per week

₽13709
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2069
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6126
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Thessaloniki model

Close
Cambridge , United Kingdom
₽84779
₽91536
₽87340
₽68925
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
205 000
income
-
-
-
61 226
pensions
-
-
-
9 699
total
-
-
-
70 925
Employee
64 865
-
178 851
-
health
942
-
2 496
-
income
11 682
-
48 947
-
pensions
5 506
-
11 748
-
total
18 130
-
63 191
-
Employer
64 865
-
178 851
-
pensions
7 022
-
22 752
-
health
1 232
-
3 397
-
total
8 254
-
26 149
-
Corporate
131 881
205 000
-
-
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.

25 057
38 949
-
-
total
25 057
38 949
-
-
Dividends
106 824
166 051
-
-
withholding
15 288
34 537
-
-
total
15 288
34 537
-
-
Income
205 000
205 000
205 000
205 000
Total tax
66 729
73 486
89 340
70 925
After tax
138 271
131 514
115 660
134 075
Living cost
46 735
46 735
46 735
46 735
Free-cash
91 536
84 779
68 925
87 340

Estimated living cost  is ₽46735 per week

₽35014
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3503
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7729
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

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

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

Source of data for Cambridge model

Close
Zurich , Switzerland
₽16127
₽49335
₽86296
₽77884
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
205 000
city
-
-
-
2 161
pensions
-
-
-
18 860
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.

-
-
-
4 100
regional
-
-
-
10 952
health
-
-
-
460
national
-
-
-
4 556
total
-
-
-
41 089
Employee
90 829
-
183 965
-
city
975
-
1 983
-
regional
2 974
-
9 604
-
health
205
-
415
-
pensions
7 631
-
14 917
-
unemployment
-
-
-
-
national
430
-
3 570
-
total
12 215
-
30 489
-
Employer
90 829
-
183 965
-
other

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

1 816
-
3 680
-
unemployment
-
-
-
-
pensions
7 631
-
14 917
-
health
205
-
415
-
total
9 652
-
19 012
-
Corporate
103 520
205 000
-
-
regional
21 894
43 357
-
-
national
8 799
17 425
-
-
total
30 693
60 782
-
-
Dividends
72 827
144 218
-
-
withholding
25 490
50 476
-
-
total
25 490
50 476
-
-
Income
205 000
205 000
205 000
205 000
Total tax
78 050
111 258
49 501
41 089
After tax
126 950
93 742
155 499
163 911
Living cost
77 615
77 615
77 615
77 615
Free-cash
49 335
16 127
77 884
86 296

Estimated living cost  is ₽77615 per week

₽50472
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6965
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽953
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19225
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

It is extremely rare that a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit) is given a residence permit based on self-employment.

Source of data for Zurich model

Close
Munich , Germany
₽54697
₽71174
₽54561
₽81616
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
205 000
trade
-
-
-
27 055
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.

-
-
-
66 254
health

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

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

-
-
-
6 941
surtax

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

-
-
-
3 644
total
-
-
-
103 894
Employee

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

61 062
-
205 000
-
health

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

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

6 941
-
6 941
-
surtax

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

395
-
3 644
-
income

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

7 180
-
66 254
-
total
14 516
-
76 839
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
143 938
205 000
-
-
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.

1 188
1 691
-
-
income
21 591
30 750
-
-
trade
24 686
35 157
-
-
chamber of commerce
357
443
-
-
total
47 822
68 041
-
-
Dividends
96 117
136 959
-
-
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.

1 300
1 863
-
-
withholding
23 643
33 854
-
-
total
24 943
35 717
-
-
Income
205 000
205 000
205 000
205 000
Total tax
87 281
103 758
76 839
103 894
After tax
117 719
101 242
128 161
101 106
Living cost
46 545
46 545
46 545
46 545
Free-cash
71 174
54 697
81 616
54 561

Estimated living cost  is ₽46545 per week

₽33995
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3723
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽605
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8223
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Munich model

Close
Nice , France
₽68556
₽74560
₽79461
₽74949
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
205 000
income
-
-
-
35 029
pensions
-
-
-
34 072
other
-
-
-
6 355
health
-
-
-
9 481
surtax
-
-
-
-
social contributions
-
-
-
5 840
total
-
-
-
90 777
Employee
43 485
-
157 395
-
social contributions
1 240
-
4 485
-
surtax
-
-
-
-
income
2 566
-
31 736
-
pensions
4 917
-
11 468
-
total
8 723
-
47 689
-
Employer
43 485
-
157 395
-
other
1 500
-
6 362
-
social contributions
131
-
472
-
unemployment
1 760
-
6 374
-
pensions
7 144
-
19 211
-
health
3 045
-
15 181
-
total
13 580
-
47 600
-
Corporate
147 935
205 000
-
-
surtax
-
-
-
-
income
41 422
57 400
-
-
total
41 422
57 400
-
-
Dividends
106 514
147 600
-
-
surtax
-
-
-
-
social contributions
18 319
25 388
-
-
withholding
13 634
18 894
-
-
total
31 953
44 282
-
-
Income
205 000
205 000
205 000
205 000
Total tax
95 678
101 682
95 289
90 777
After tax
109 322
103 318
109 711
114 223
Living cost
34 762
34 762
34 762
34 762
Free-cash
74 560
68 556
74 949
79 461

Estimated living cost  is ₽34762 per week

₽21919
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2827
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9427
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Nice model

Close
Marseille , France
₽72000
₽77644
₽82905
₽78393
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
205 000
income
-
-
-
35 029
pensions
-
-
-
34 072
other
-
-
-
6 355
health
-
-
-
9 481
surtax
-
-
-
-
social contributions
-
-
-
5 840
total
-
-
-
90 777
Employee
38 816
-
157 395
-
social contributions
1 107
-
4 485
-
surtax
-
-
-
-
income
2 001
-
31 736
-
pensions
4 390
-
11 468
-
total
7 498
-
47 689
-
Employer
38 816
-
157 395
-
other
1 340
-
6 362
-
social contributions
116
-
472
-
unemployment
1 571
-
6 374
-
pensions
6 378
-
19 211
-
health
2 717
-
15 181
-
total
12 122
-
47 600
-
Corporate
154 062
205 000
-
-
surtax
-
-
-
-
income
43 138
57 400
-
-
total
43 138
57 400
-
-
Dividends
110 924
147 600
-
-
surtax
-
-
-
-
social contributions
19 081
25 388
-
-
withholding
14 199
18 894
-
-
total
33 280
44 282
-
-
Income
205 000
205 000
205 000
205 000
Total tax
96 038
101 682
95 289
90 777
After tax
108 962
103 318
109 711
114 223
Living cost
31 318
31 318
31 318
31 318
Free-cash
77 644
72 000
78 393
82 905

Estimated living cost  is ₽31318 per week

₽18163
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3181
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽594
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9380
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Marseille model

Close
Vilnius , Lithuania
₽103523
₽104052
₽110107
₽105115
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
205 000
income
-
-
-
30 750
health
-
-
-
14 309
social contributions
-
-
-
28 289
total
-
-
-
73 348
Employee
34 450
-
205 000
-
social contributions
4 755
-
28 289
-
health
2 404
-
14 309
-
income
5 746
-
35 742
-
total
12 905
-
78 340
-
Employer
34 450
-
205 000
-
total
-
-
-
-
Corporate
170 550
205 000
-
-
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%.

8 528
10 250
-
-
total
8 528
10 250
-
-
Dividends
162 022
194 750
-
-
health
11 308
13 593
-
-
social contributions
22 358
26 876
-
-
withholding
24 304
29 213
-
-
total
57 970
69 682
-
-
Income
205 000
205 000
205 000
205 000
Total tax
79 403
79 932
78 340
73 348
After tax
125 597
125 068
126 660
131 652
Living cost
21 545
21 545
21 545
21 545
Free-cash
104 052
103 523
105 115
110 107

Estimated living cost  is ₽21545 per week

₽14418
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1328
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5300
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Vilnius model

Close
Vienna , Austria
₽77375
₽75806
₽69486
₽18190
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
205 000
chamber of commerce
-
-
-
819
income
-
-
-
61 422
pensions
-
-
-
21 959
unemployment
-
-
-
6 232
health
-
-
-
9 080
surtax
-
-
-
201
total
-
-
-
99 713
Employee
50 777
40 491
167 105
-
other
507
405
1 188
-
health
1 965
1 568
4 593
-
income
5 781
2 987
50 804
-
pensions
5 200
4 145
12 155
-
unemployment
1 523
1 215
3 561
-
total
14 976
10 320
72 301
-
Employer
50 777
40 491
167 105
-
accident
659
526
1 542
-
other
2 412
1 922
7 525
-
chamber of commerce
202
162
669
-
unemployment
1 523
1 215
3 561
-
surtax
201
201
201
-
pensions
6 372
5 083
14 897
-
payroll
1 523
1 215
5 013
-
health
1 918
1 531
4 487
-
total
14 810
11 855
37 895
-
Corporate
139 411
152 655
163 248
-
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.

34 853
38 163
40 813
-
total
34 853
38 163
40 813
-
Dividends
104 558
114 492
-
-
withholding
28 754
31 486
-
-
total
28 754
31 486
-
-
Income
205 000
205 000
205 000
205 000
Total tax
93 393
91 824
151 009
99 713
After tax
111 607
113 176
53 991
105 287
Living cost
35 801
35 801
35 801
35 801
Free-cash
75 806
77 375
18 190
69 486

Estimated living cost  is ₽35801 per week

₽23878
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3054
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽588
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8281
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Vienna model

Close
Brussels , Belgium
₽76767
₽62312
₽51998
₽33676
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
205 000
national
-
-
-
79 845
communal

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

-
-
-
10 780
social contributions
-
-
-
25 331
total
-
-
-
115 956
Employee

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

72 678
-
158 781
-
communal

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

3 791
-
8 281
-
health

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

3 415
-
7 462
-
pensions

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

5 451
-
11 908
-
unemployment

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

632
-
1 381
-
national
22 344
-
59 026
-
total
35 633
-
88 058
-
Employer

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

72 678
-
158 781
-
accident

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

945
-
2 065
-
unemployment

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

1 060
-
2 318
-
surtax
8 241
-
18 005
-
pensions

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

6 440
-
14 068
-
health

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

4 469
-
9 764
-
total
21 155
-
46 220
-
Corporate
111 167
205 000
-
-
surtax
445
843
-
-
income
22 233
42 097
-
-
total
22 678
42 940
-
-
Dividends
88 488
162 061
-
-
withholding

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

26 176
48 247
-
-
total
26 176
48 247
-
-
Income
205 000
205 000
205 000
205 000
Total tax
105 642
91 187
134 278
115 956
After tax
99 358
113 813
70 722
89 044
Living cost
37 046
37 046
37 046
37 046
Free-cash
62 312
76 767
33 676
51 998

Estimated living cost  is ₽37046 per week

₽23862
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3239
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9365
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brussels model

Close
Barcelona , Spain
₽99639
₽92679
₽78062
₽73798
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
205 000
accident
-
-
-
848
income
-
-
-
61 994
pensions
-
-
-
26 650
other
-
-
-
94
unemployment
-
-
-
659
total
-
-
-
90 245
Employee
50 576
-
174 977
-
other
50
-
94
-
income
10 671
-
58 506
-
pensions
2 377
-
4 427
-
unemployment
785
-
1 460
-
total
13 883
-
64 487
-
Employer
50 576
-
174 977
-
accident
1 001
-
1 864
-
other
403
-
754
-
unemployment
2 782
-
5 179
-
pensions
11 935
-
22 225
-
total
16 121
-
30 022
-
Corporate
138 303
205 000
-
-
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.

20 745
30 750
-
-
total
20 745
30 750
-
-
Dividends
117 558
174 250
-
-
withholding
24 879
37 918
-
-
total
24 879
37 918
-
-
Income
205 000
205 000
205 000
205 000
Total tax
75 628
68 668
94 509
90 245
After tax
129 372
136 332
110 491
114 755
Living cost
36 693
36 693
36 693
36 693
Free-cash
92 679
99 639
73 798
78 062

Estimated living cost  is ₽36693 per week

₽27021
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2603
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6540
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Barcelona model

Close
Luxembourg , Luxembourg
₽62700
₽48971
₽43225
₽51396
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
205 000
accident
-
-
-
1 728
income
-
-
-
36 583
pensions
-
-
-
30 727
health
-
-
-
14 403
surtax
-
-
-
10 163
communal
-
-
-
12 955
total
-
-
-
106 559
Employee
76 944
-
183 118
-
health
3 424
-
8 148
-
surtax
4 716
-
11 222
-
income
7 432
-
42 485
-
pensions
6 155
-
14 650
-
total
21 727
-
76 505
-
Employer
76 944
-
183 118
-
accident
692
-
1 649
-
pensions
6 155
-
14 650
-
health
2 347
-
5 584
-
total
9 194
-
21 883
-
Corporate
118 863
205 000
-
-
surtax
1 247
2 152
-
-
communal
8 023
13 838
-
-
income
17 829
30 750
-
-
total
27 099
46 740
-
-
Dividends
91 763
158 260
-
-
income
29 028
16 605
-
-
withholding
13 765
23 739
-
-
total
42 793
40 344
-
-
Income
205 000
205 000
205 000
205 000
Total tax
100 813
87 084
98 388
106 559
After tax
104 187
117 916
106 612
98 441
Living cost
55 216
55 216
55 216
55 216
Free-cash
48 971
62 700
51 396
43 225

Estimated living cost  is ₽55216 per week

₽41420
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3345
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9864
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Luxembourg model

Close
Athens , Greece
₽106124
₽102893
₽73844
₽67633
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
205 000
income
-
-
-
61 341
pensions
-
-
-
27 121
other
-
-
-
-
unemployment
-
-
-
231
health
-
-
-
9 627
surtax
-
-
-
10 015
total
-
-
-
108 335
Employee
34 217
-
176 456
-
other
-
-
-
-
health
873
-
3 457
-
surtax
121
-
8 798
-
income
5 736
-
55 264
-
pensions
2 283
-
9 045
-
unemployment
2 381
-
9 438
-
total
11 394
-
86 002
-
Employer
34 217
-
176 456
-
other
-
-
-
-
unemployment
1 086
-
4 298
-
pensions
4 562
-
18 076
-
health
1 556
-
6 170
-
total
7 204
-
28 544
-
Corporate
163 580
205 000
-
-
income
42 531
53 299
-
-
total
42 531
53 299
-
-
Dividends
121 049
151 701
-
-
withholding
18 157
22 756
-
-
total
18 157
22 756
-
-
Income
205 000
205 000
205 000
205 000
Total tax
79 286
76 055
114 546
108 335
After tax
125 714
128 945
90 454
96 665
Living cost
22 821
22 821
22 821
22 821
Free-cash
102 893
106 124
67 633
73 844

Estimated living cost  is ₽22821 per week

₽13778
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1984
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6531
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Athens model

Close
Naples , Italy
₽80383
₽78126
₽69302
₽60607
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
205 000
municipal
-
-
-
1 234
regional
-
-
-
3 128
national
-
-
-
53 114
social contributions
-
-
-
50 852
total
-
-
-
108 328
Employee
56 361
-
205 000
-
social contributions
19 005
-
66 669
-
regional
759
-
2 808
-
municipal
299
-
1 107
-
national
8 929
-
46 439
-
total
28 992
-
117 023
-
Employer
56 361
-
205 000
-
total
-
-
-
-
Corporate
148 639
205 000
-
-
nationa
35 674
49 200
-
-
municipal
7 387
10 188
-
-
total
43 061
59 388
-
-
Dividends
105 578
145 612
-
-
withholding
27 451
37 859
-
-
total
27 451
37 859
-
-
Income
205 000
205 000
205 000
205 000
Total tax
99 504
97 247
117 023
108 328
After tax
105 496
107 753
87 977
96 672
Living cost
27 370
27 370
27 370
27 370
Free-cash
78 126
80 383
60 607
69 302

Estimated living cost  is ₽27370 per week

₽17021
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2773
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7107
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Naples model

Close
Prague , Czech Republic
₽111231
₽100560
₽89531
₽80780
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
205 000
income
-
-
-
21 359
health
-
-
-
27 675
solidarity contribution
-
-
-
1 594
social contributions
-
-
-
34 929
total
-
-
-
85 557
Employee
43 988
-
160 638
-
social contributions
2 859
-
7 775
-
health
5 938
-
21 686
-
solidarity contribution
-
-
809
-
income
5 278
-
19 676
-
total
14 075
-
49 946
-
Employer
43 988
-
160 638
-
social contributions
10 997
-
29 905
-
health
3 959
-
14 457
-
total
14 956
-
44 362
-
Corporate
146 057
205 000
-
-
income
27 751
38 950
-
-
total
27 751
38 950
-
-
Dividends
118 306
166 050
-
-
withholding
17 746
24 907
-
-
total
17 746
24 907
-
-
Income
205 000
205 000
205 000
205 000
Total tax
74 528
63 857
94 308
85 557
After tax
130 472
141 143
110 692
119 443
Living cost
29 912
29 912
29 912
29 912
Free-cash
100 560
111 231
80 780
89 531

Estimated living cost  is ₽29912 per week

₽22244
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1657
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5493
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Prague model

Close
Graz , Austria
₽80871
₽80370
₽73073
₽21628
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
205 000
chamber of commerce
-
-
-
819
income
-
-
-
61 422
pensions
-
-
-
21 959
unemployment
-
-
-
6 232
health
-
-
-
9 080
surtax
-
-
-
-
total
-
-
-
99 512
Employee
44 414
40 491
167 292
-
other
443
405
1 188
-
health
1 718
1 568
4 593
-
income
3 957
2 987
50 893
-
pensions
4 548
4 145
12 155
-
unemployment
1 332
1 215
3 561
-
total
11 998
10 320
72 390
-
Employer
44 414
40 491
167 292
-
accident
577
526
1 542
-
other
2 109
1 922
7 533
-
chamber of commerce
177
162
669
-
unemployment
1 332
1 215
3 561
-
surtax
-
-
-
-
pensions
5 574
5 083
14 897
-
payroll
1 332
1 215
5 019
-
health
1 679
1 531
4 487
-
total
12 780
11 654
37 708
-
Corporate
147 805
152 856
163 435
-
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.

36 951
38 213
40 859
-
total
36 951
38 213
40 859
-
Dividends
110 854
114 642
-
-
withholding
30 486
31 527
-
-
total
30 486
31 527
-
-
Income
205 000
205 000
205 000
205 000
Total tax
92 215
91 714
150 957
99 512
After tax
112 785
113 286
54 043
105 488
Living cost
32 415
32 415
32 415
32 415
Free-cash
80 370
80 871
21 628
73 073

Estimated living cost  is ₽32415 per week

₽19445
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3311
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽578
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9081
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Graz model

Close
Tbilisi , Georgia
₽180318
₽177612
₽188518
₽149568
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
205 000
microenterprise

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

-
-
-
2 050
total
-
-
-
2 050
Employee
18 040
-
205 000
-
income
3 608
-
41 000
-
total
3 608
-
41 000
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

186 960
205 000
-
-
total
-
-
-
-
Dividends
186 960
205 000
-
-
withholding
9 348
10 250
-
-
total
9 348
10 250
-
-
Income
205 000
205 000
205 000
205 000
Total tax
12 956
10 250
41 000
2 050
After tax
192 044
194 750
164 000
202 950
Living cost
14 432
14 432
14 432
14 432
Free-cash
177 612
180 318
149 568
188 518

Estimated living cost  is ₽14432 per week

₽9766
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽606
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3575
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Tbilisi model

Close
Ljubljana , Slovenia
₽113891
₽105392
₽70410
₽65957
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
205 000
income
-
-
-
49 421
pensions
-
-
-
37 438
unemployment
-
-
-
307
health
-
-
-
20 172
total
-
-
-
107 338
Employee

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

44 929
-
177 382
-
health
2 902
-
11 459
-
income
7 748
-
44 969
-
pensions
6 964
-
27 495
-
unemployment
64
-
249
-
total
17 678
-
84 172
-
Employer

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

44 929
-
177 382
-
unemployment
27
-
106
-
pensions
3 976
-
15 699
-
health
2 992
-
11 814
-
total
6 995
-
27 619
-
Corporate
153 075
205 000
-
-
income
29 084
38 950
-
-
total
29 084
38 950
-
-
Dividends
123 992
166 050
-
-
withholding
18 599
24 907
-
-
total
18 599
24 907
-
-
Income
205 000
205 000
205 000
205 000
Total tax
72 356
63 857
111 791
107 338
After tax
132 644
141 143
93 209
97 662
Living cost
27 252
27 252
27 252
27 252
Free-cash
105 392
113 891
65 957
70 410

Estimated living cost  is ₽27252 per week

₽18703
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1747
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6276
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Ljubljana model

Close
Oslo , Norway
₽80822
₽32426
₽97771
₽147715
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
205 000
income
-
-
-
39 959
social contributions
-
-
-
23 370
total
-
-
-
63 329
Employee
62 947
-
-
-
social contributions
5 162
-
736
-
income
13 885
-
-
-
total
19 047
-
736
-
Employer
62 947
-
-
-
social contributions
88 755
-
12 649
-
total
88 755
-
12 649
-
Corporate
53 298
205 000
-
-
income
11 726
45 100
-
-
total
11 726
45 100
-
-
Dividends
41 572
159 900
-
-
income
9 146
35 178
-
-
total
9 146
35 178
-
-
Income
205 000
205 000
205 000
205 000
Total tax
128 674
80 278
13 385
63 329
After tax
76 326
124 722
191 615
141 671
Living cost
43 900
43 900
43 900
43 900
Free-cash
32 426
80 822
147 715
97 771

Estimated living cost  is ₽43900 per week

₽28484
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4129
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10728
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Oslo model

Close
Lisbon , Portugal
₽84735
₽83712
₽76247
₽60704
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
205 000
income
-
-
-
25 645
surtax
-
-
-
-
social contributions

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

-
-
-
71 238
total
-
-
-
96 883
Employee
46 730
-
165 657
-
social contributions
5 140
-
18 223
-
surtax
-
-
-
-
income
9 720
-
54 860
-
total
14 860
-
73 083
-
Employer
46 730
-
165 657
-
social contributions
11 098
-
39 343
-
total
11 098
-
39 343
-
Corporate
147 172
205 000
-
-
surtax
-
-
-
-
income
30 906
43 049
-
-
total
30 906
43 049
-
-
Dividends
116 266
161 951
-
-
withholding
32 554
45 346
-
-
total
32 554
45 346
-
-
Income
205 000
205 000
205 000
205 000
Total tax
89 418
88 395
112 426
96 883
After tax
115 582
116 605
92 574
108 117
Living cost
31 870
31 870
31 870
31 870
Free-cash
83 712
84 735
60 704
76 247

Estimated living cost  is ₽31870 per week

₽23845
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1880
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽532
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5613
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Lisbon model

Close
Paris , France
₽54245
₽61230
₽65150
₽60638
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
205 000
income
-
-
-
35 029
pensions
-
-
-
34 072
other
-
-
-
6 355
health
-
-
-
9 481
surtax
-
-
-
-
social contributions
-
-
-
5 840
total
-
-
-
90 777
Employee
63 636
-
157 395
-
social contributions
1 812
-
4 485
-
surtax
-
-
-
-
income
5 552
-
31 736
-
pensions
7 198
-
11 468
-
total
14 562
-
47 689
-
Employer
63 636
-
157 395
-
other
2 196
-
6 362
-
social contributions
191
-
472
-
unemployment
2 578
-
6 374
-
pensions
10 456
-
19 211
-
health
4 454
-
15 181
-
total
19 875
-
47 600
-
Corporate
121 489
205 000
-
-
surtax
-
-
-
-
income
34 016
57 400
-
-
total
34 016
57 400
-
-
Dividends
87 473
147 600
-
-
surtax
-
-
-
-
social contributions
15 047
25 388
-
-
withholding
11 197
18 894
-
-
total
26 244
44 282
-
-
Income
205 000
205 000
205 000
205 000
Total tax
94 697
101 682
95 289
90 777
After tax
110 303
103 318
109 711
114 223
Living cost
49 073
49 073
49 073
49 073
Free-cash
61 230
54 245
60 638
65 150

Estimated living cost  is ₽49073 per week

₽33212
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4014
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽673
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11173
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Paris model

Close
Andorra , Andorra
₽153958
₽150546
₽119537
₽124985
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
205 000
income
-
-
-
9 820
social contributions
-
-
-
45 101
total
-
-
-
54 921
Employee
32 665
-
177 488
-
income
-
-
10 425
-
social contributions
2 123
-
11 538
-
total
2 123
-
21 963
-
Employer
32 665
-
177 488
-
social contributions
5 063
-
27 510
-
total
5 063
-
27 510
-
Corporate
167 272
205 000
-
-
income
16 726
20 500
-
-
total
16 726
20 500
-
-
Dividends
150 546
184 500
-
-
total
-
-
-
-
Income
205 000
205 000
205 000
205 000
Total tax
23 912
20 500
49 473
54 921
After tax
181 088
184 500
155 527
150 079
Living cost
30 542
30 542
30 542
30 542
Free-cash
150 546
153 958
124 985
119 537

Estimated living cost  is ₽30542 per week

₽19748
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2302
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7917
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Andorra model

Close
Copenhagen , Denmark
-₽16348
-₽16348
₽70472
-₽16348
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
205 000
municipal
-
-
-
43 476
pensions
-
-
-
881
national
-
-
-
24 914
labour market
-
-
-
16 330
total
-
-
-
85 601
Employee
206 511
206 511
206 511
-
labour market
16 497
16 497
16 497
-
national
25 229
25 229
25 229
-
municipal
43 975
43 975
43 975
-
pensions
294
294
294
-
total
85 995
85 995
85 995
-
Employer
206 511
206 511
206 511
-
labour market
16 521
16 521
16 521
-
municipal
44 045
44 045
44 045
-
pensions
587
587
587
-
national
25 273
25 273
25 273
-
total
86 426
86 426
86 426
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
205 000
205 000
205 000
205 000
Total tax
172 421
172 421
172 421
85 601
After tax
32 579
32 579
32 579
119 399
Living cost
48 927
48 927
48 927
48 927
Free-cash
-16 348
-16 348
-16 348
70 472

Estimated living cost  is ₽48927 per week

₽33486
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4328
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽752
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10360
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Copenhagen model

Close
Krakow , Poland
-₽5260
₽13251
₽118175
₽90447
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
205 000
accident
-
-
-
255
income
-
-
-
57 934
pensions
-
-
-
4 197
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
64 960
Employee
34 396
-
186 214
-
health
3 939
-
21 321
-
income
4 719
-
44 885
-
pensions
3 873
-
7 696
-
total
12 531
-
73 902
-
Employer
34 396
-
186 214
-
accident
574
-
3 110
-
unemployment
843
-
4 562
-
pensions
5 593
-
11 114
-
total
7 010
-
18 786
-
Corporate
163 594
205 000
-
-
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.

147 235
184 500
-
-
total
147 235
184 500
-
-
Dividends
16 359
20 500
-
-
withholding
3 108
3 895
-
-
total
3 108
3 895
-
-
Income
205 000
205 000
205 000
205 000
Total tax
169 884
188 395
92 688
64 960
After tax
35 116
16 605
112 312
140 040
Living cost
21 865
21 865
21 865
21 865
Free-cash
13 251
-5 260
90 447
118 175

Estimated living cost  is ₽21865 per week

₽15916
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1246
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽410
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4293
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Krakow model

Close
Helsinki , Finland
₽87831
₽90971
₽89433
₽65954
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
205 000
municipal
-
-
-
36 409
health
-
-
-
2 732
national
-
-
-
37 418
total
-
-
-
76 559
Employee
53 456
-
172 457
-
health
399
-
2 231
-
municipal
8 756
-
28 079
-
pensions
3 608
-
11 640
-
unemployment
802
-
2 588
-
national
883
-
22 959
-
total
14 448
-
67 497
-
Employer
53 456
-
172 457
-
accident
54
-
172
-
unemployment
347
-
1 120
-
pensions
9 274
-
29 921
-
health
411
-
1 328
-
total
10 086
-
32 541
-
Corporate
141 458
205 000
-
-
income
28 291
41 000
-
-
total
28 291
41 000
-
-
Dividends

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

84 875
123 000
-
-
national
6 918
15 020
-
-
municipal
15 278
22 141
-
-
total
22 196
37 161
-
-
Income
205 000
205 000
205 000
205 000
Total tax
75 021
78 161
100 038
76 559
After tax
129 979
126 839
104 962
128 441
Living cost
39 008
39 008
39 008
39 008
Free-cash
90 971
87 831
65 954
89 433

Estimated living cost  is ₽39008 per week

₽25480
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3752
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽621
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9157
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Helsinki model

Close
Larnaca , Cyprus
₽125942
₽120411
₽115292
₽113558
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
205 000
income
-
-
-
44 518
health
-
-
-
5 227
social contributions
-
-
-
16 439
total
-
-
-
66 184
Employee
78 128
78 128
192 689
-
social contributions
2 954
6 484
8 746
-
health
605
1 328
3 276
-
income
8 507
7 232
43 585
-
total
12 066
15 044
55 607
-
Employer
78 128
78 128
192 689
-
social contributions
2 954
6 484
8 746
-
health
657
1 446
3 565
-
total
3 611
7 930
12 311
-
Corporate
165 798
118 941
-
-
income
20 725
14 868
-
-
total
20 725
14 868
-
-
Dividends
145 073
104 073
-
-
withholding
24 663
17 692
-
-
total
24 663
17 692
-
-
Income
205 000
205 000
205 000
205 000
Total tax
61 065
55 534
67 918
66 184
After tax
143 935
149 466
137 082
138 816
Living cost
23 524
23 524
23 524
23 524
Free-cash
120 411
125 942
113 558
115 292

Estimated living cost  is ₽23524 per week

₽14098
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2308
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽521
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6598
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Larnaca model

Close
Podgorica , Montenegro
₽153628
₽148458
₽157626
₽137247
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
205 000
income
-
-
-
21 073
pensions
-
-
-
6 463
unemployment
-
-
-
29
health
-
-
-
3 677
total
-
-
-
31 242
Employee

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

23 322
-
195 070
-
health
1 982
-
8 195
-
income
1 595
-
18 554
-
pensions
3 498
-
14 461
-
unemployment
116
-
482
-
total
7 191
-
41 692
-
Employer

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

23 322
-
195 070
-
unemployment
116
-
482
-
pensions
1 282
-
5 302
-
health
1 003
-
4 145
-
total
2 401
-
9 929
-
Corporate
179 278
205 000
-
-
income
16 135
18 450
-
-
total
16 135
18 450
-
-
Dividends
163 143
186 550
-
-
withholding
14 683
16 790
-
-
total
14 683
16 790
-
-
Income
205 000
205 000
205 000
205 000
Total tax
40 410
35 240
51 621
31 242
After tax
164 590
169 760
153 379
173 758
Living cost
16 132
16 132
16 132
16 132
Free-cash
148 458
153 628
137 247
157 626

Estimated living cost  is ₽16132 per week

₽10292
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1163
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4196
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Podgorica model

Close
Valencia , Spain
₽108392
₽103903
₽86815
₽82551
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
205 000
accident
-
-
-
848
income
-
-
-
61 994
pensions
-
-
-
26 650
other
-
-
-
94
unemployment
-
-
-
659
total
-
-
-
90 245
Employee
37 569
-
174 977
-
other
37
-
94
-
income
7 243
-
58 506
-
pensions
1 766
-
4 427
-
unemployment
582
-
1 460
-
total
9 628
-
64 487
-
Employer
37 569
-
174 977
-
accident
744
-
1 864
-
other
301
-
754
-
unemployment
2 067
-
5 179
-
pensions
8 866
-
22 225
-
total
11 978
-
30 022
-
Corporate
155 454
205 000
-
-
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.

23 319
30 750
-
-
total
23 319
30 750
-
-
Dividends
132 135
174 250
-
-
withholding
28 232
37 918
-
-
total
28 232
37 918
-
-
Income
205 000
205 000
205 000
205 000
Total tax
73 157
68 668
94 509
90 245
After tax
131 843
136 332
110 491
114 755
Living cost
27 940
27 940
27 940
27 940
Free-cash
103 903
108 392
82 551
86 815

Estimated living cost  is ₽27940 per week

₽18859
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2686
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5906
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Valencia model

Close
Istanbul , Turkey
₽125139
₽124683
₽128835
₽128638
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
205 000
income
-
-
-
69 884
pensions
-
-
-
2 029
health
-
-
-
1 471
total
-
-
-
73 384
Employee
4 236
-
202 718
-
health
212
-
507
-
income
820
-
69 777
-
pensions
381
-
913
-
unemployment
42
-
101
-
total
1 455
-
71 298
-
Employer
4 236
-
202 718
-
unemployment
85
-
203
-
pensions
466
-
1 116
-
health
402
-
964
-
total
953
-
2 283
-
Corporate
199 810
205 000
-
-
income
43 958
45 100
-
-
total
43 958
45 100
-
-
Dividends
155 852
159 900
-
-
withholding
31 170
31 980
-
-
total
31 170
31 980
-
-
Income
205 000
205 000
205 000
205 000
Total tax
77 536
77 080
73 581
73 384
After tax
127 464
127 920
131 419
131 616
Living cost
2 781
2 781
2 781
2 781
Free-cash
124 683
125 139
128 638
128 835

Estimated living cost  is ₽2781 per week

₽1653
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽225
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽64
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽839
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Istanbul model

Close
Belgrade , Serbia
₽130553
₽125556
₽112068
₽112069
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
205 000
income
-
-
-
47 009
pensions
-
-
-
19 509
unemployment
-
-
-
1 126
health
-
-
-
7 729
total
-
-
-
75 373
Employee

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

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

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

26 477
-
191 569
-
health
1 364
-
3 864
-
income
3 650
-
47 009
-
pensions
3 707
-
10 505
-
unemployment
199
-
563
-
total
8 920
-
61 941
-
Employer

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

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

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

26 477
-
191 569
-
unemployment
199
-
563
-
pensions
3 177
-
9 004
-
health
1 364
-
3 864
-
total
4 740
-
13 431
-
Corporate
173 784
205 000
-
-
income
26 068
30 750
-
-
total
26 068
30 750
-
-
Dividends
147 716
174 250
-
-
withholding
22 157
26 138
-
-
total
22 157
26 138
-
-
Income
205 000
205 000
205 000
205 000
Total tax
61 885
56 888
75 372
75 373
After tax
143 115
148 112
129 628
129 627
Living cost
17 559
17 559
17 559
17 559
Free-cash
125 556
130 553
112 069
112 068

Estimated living cost  is ₽17559 per week

₽11822
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1358
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3870
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Belgrade model

Close
Porto , Portugal
₽89213
₽88847
₽80725
₽65182
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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.

-
-
-
205 000
income
-
-
-
25 645
surtax
-
-
-
-
social contributions

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

-
-
-
71 238
total
-
-
-
96 883
Employee
39 435
-
165 657
-
social contributions
4 338
-
18 223
-
surtax
-
-
-
-
income
7 705
-
54 860
-
total
12 043
-
73 083
-
Employer
39 435
-
165 657
-
social contributions
9 365
-
39 343
-
total
9 365
-
39 343
-
Corporate
156 200
205 000
-
-
surtax
-
-
-
-
income
32 801
43 049
-
-
total
32 801
43 049
-
-
Dividends
123 399
161 951
-
-
withholding
34 552
45 346
-
-
total
34 552
45 346
-
-
Income
205 000
205 000
205 000
205 000
Total tax
88 761
88 395
112 426
96 883
After tax
116 239
116 605
92 574
108 117
Living cost
27 392
27 392
27 392
27 392
Free-cash
88 847
89 213
65 182
80 725

Estimated living cost  is ₽27392 per week

₽19401
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1903
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5603
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Porto model

Close
Madrid , Spain
₽100624
₽93975
₽79047
₽74783
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
205 000
accident
-
-
-
848
income
-
-
-
61 994
pensions
-
-
-
26 650
other
-
-
-
94
unemployment
-
-
-
659
total
-
-
-
90 245
Employee
49 070
-
174 977
-
other
48
-
94
-
income
10 249
-
58 506
-
pensions
2 306
-
4 427
-
unemployment
760
-
1 460
-
total
13 363
-
64 487
-
Employer
49 070
-
174 977
-
accident
972
-
1 864
-
other
393
-
754
-
unemployment
2 699
-
5 179
-
pensions
11 580
-
22 225
-
total
15 644
-
30 022
-
Corporate
140 285
205 000
-
-
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.

21 044
30 750
-
-
total
21 044
30 750
-
-
Dividends
119 242
174 250
-
-
withholding
25 266
37 918
-
-
total
25 266
37 918
-
-
Income
205 000
205 000
205 000
205 000
Total tax
75 317
68 668
94 509
90 245
After tax
129 683
136 332
110 491
114 755
Living cost
35 708
35 708
35 708
35 708
Free-cash
93 975
100 624
74 783
79 047

Estimated living cost  is ₽35708 per week

₽25644
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2776
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6785
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Madrid model

Close
Sofia , Bulgaria
₽157796
₽151604
₽147294
₽155615
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
205 000
income
-
-
-
30 750
pensions

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

-
-
-
5 253
unemployment
-
-
-
142
health
-
-
-
4 082
total
-
-
-
40 227
Employee
23 145
-
198 037
-
health
1 065
-
1 633
-
accident

We are using the highest rate at 1.1%.

254
-
390
-
income
2 315
-
19 804
-
pensions

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

2 032
-
3 116
-
total
5 666
-
24 943
-
Employer
23 145
-
198 037
-
accident

We are using the highest rate at 1.1%.

254
-
390
-
unemployment
139
-
213
-
pensions

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

2 551
-
3 911
-
health
1 597
-
2 449
-
total
4 541
-
6 963
-
Corporate
177 314
205 000
-
-
income
17 731
20 500
-
-
total
17 731
20 500
-
-
Dividends
159 582
184 500
-
-
withholding
7 979
9 225
-
-
total
7 979
9 225
-
-
Income
205 000
205 000
205 000
205 000
Total tax
35 917
29 725
31 906
40 227
After tax
169 083
175 275
173 094
164 773
Living cost
17 479
17 479
17 479
17 479
Free-cash
151 604
157 796
155 615
147 294

Estimated living cost  is ₽17479 per week

₽11561
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1001
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽417
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4502
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sofia model

Close
Berlin , Germany
₽66232
₽79528
₽66297
₽88935
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
205 000
trade
-
-
-
22 638
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.

-
-
-
66 254
health

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

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

-
-
-
6 941
surtax

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

-
-
-
3 644
total
-
-
-
99 477
Employee

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

50 554
-
205 000
-
health

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

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

6 941
-
6 941
-
surtax

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

229
-
3 644
-
income

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

4 157
-
66 254
-
total
11 327
-
76 839
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
154 446
205 000
-
-
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.

1 274
1 691
-
-
income
23 166
30 750
-
-
trade
22 164
29 417
-
-
chamber of commerce
380
455
-
-
total
46 984
62 313
-
-
Dividends
107 461
142 687
-
-
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.

1 456
1 942
-
-
withholding
26 479
35 287
-
-
total
27 935
37 229
-
-
Income
205 000
205 000
205 000
205 000
Total tax
86 246
99 542
76 839
99 477
After tax
118 754
105 458
128 161
105 523
Living cost
39 226
39 226
39 226
39 226
Free-cash
79 528
66 232
88 935
66 297

Estimated living cost  is ₽39226 per week

₽27059
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4221
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7377
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Berlin model

Close
Dublin , Ireland
₽85622
₽87864
₽47112
₽47112
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
205 000
income
-
-
-
65 205
social contributions
-
-
-
34 805
total
-
-
-
100 010
Employee
79 477
-
205 000
-
income
14 997
-
65 205
-
social contributions
6 603
-
34 805
-
total
21 600
-
100 010
-
Employer
79 477
-
205 000
-
total
-
-
-
-
Corporate
125 523
205 000
-
-
income
15 691
25 625
-
-
total
15 691
25 625
-
-
Dividends
109 832
179 375
-
-
withholding
21 967
35 875
-
-
total
21 967
35 875
-
-
Income
205 000
205 000
205 000
205 000
Total tax
59 258
61 500
100 010
100 010
After tax
145 742
143 500
104 990
104 990
Living cost
57 878
57 878
57 878
57 878
Free-cash
87 864
85 622
47 112
47 112

Estimated living cost  is ₽57878 per week

₽44033
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4716
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8576
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Dublin model

Close
Sliema , Malta
₽91001
₽94551
₽130556
₽107287
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
205 000
income
-
-
-
30 750
health

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

-
-
-
6 812
total
-
-
-
37 562
Employee
46 610
-
200 326
-
income
5 057
-
51 483
-
social contributions
4 670
-
4 674
-
total
9 727
-
56 157
-
Employer
46 610
-
200 326
-
social contributions
4 670
-
4 674
-
total
4 670
-
4 674
-
Corporate
153 720
205 000
-
-
income
53 802
71 749
-
-
total
53 802
71 749
-
-
Dividends
99 918
133 251
-
-
social contributions
5 368
5 368
-
-
total
5 368
5 368
-
-
Income
205 000
205 000
205 000
205 000
Total tax
73 567
77 117
60 831
37 562
After tax
131 433
127 883
144 169
167 438
Living cost
36 882
36 882
36 882
36 882
Free-cash
94 551
91 001
107 287
130 556

Estimated living cost  is ₽36882 per week

₽24294
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2908
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9114
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sliema model

Close
Edinburgh , United Kingdom
₽93520
₽99576
₽96081
₽77666
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
205 000
income
-
-
-
61 226
pensions
-
-
-
9 699
total
-
-
-
70 925
Employee
52 152
-
178 851
-
health
680
-
2 496
-
income
9 497
-
48 947
-
pensions
3 981
-
11 748
-
total
14 158
-
63 191
-
Employer
52 152
-
178 851
-
pensions
5 269
-
22 752
-
health
991
-
3 397
-
total
6 260
-
26 149
-
Corporate
146 587
205 000
-
-
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.

27 852
38 949
-
-
total
27 852
38 949
-
-
Dividends
118 735
166 051
-
-
withholding
19 160
34 537
-
-
total
19 160
34 537
-
-
Income
205 000
205 000
205 000
205 000
Total tax
67 430
73 486
89 340
70 925
After tax
137 570
131 514
115 660
134 075
Living cost
37 994
37 994
37 994
37 994
Free-cash
99 576
93 520
77 666
96 081

Estimated living cost  is ₽37994 per week

₽26064
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3494
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7959
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

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

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

Source of data for Edinburgh model

Close
Warsaw , Poland
-₽7425
₽12920
₽116010
₽88282
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
205 000
accident
-
-
-
255
income
-
-
-
57 934
pensions
-
-
-
4 197
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
64 960
Employee
37 800
-
186 214
-
health
4 328
-
21 321
-
income
5 186
-
44 885
-
pensions
4 256
-
7 696
-
total
13 770
-
73 902
-
Employer
37 800
-
186 214
-
accident
631
-
3 110
-
unemployment
926
-
4 562
-
pensions
6 146
-
11 114
-
total
7 703
-
18 786
-
Corporate
159 496
205 000
-
-
income

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

143 547
184 500
-
-
total
143 547
184 500
-
-
Dividends
15 950
20 500
-
-
withholding
3 030
3 895
-
-
total
3 030
3 895
-
-
Income
205 000
205 000
205 000
205 000
Total tax
168 050
188 395
92 688
64 960
After tax
36 950
16 605
112 312
140 040
Living cost
24 030
24 030
24 030
24 030
Free-cash
12 920
-7 425
88 282
116 010

Estimated living cost  is ₽24030 per week

₽17635
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1400
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4510
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Warsaw model

Close
Skopje , Macedonia
₽143130
₽154068
₽112518
₽134812
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
205 000
work injury
-
-
-
811
health insurance
-
-
-
11 998
income
-
-
-
34 199
pensions
-
-
-
29 833
unemployment
-
-
-
1 946
total
-
-
-
78 787
Employee

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

21 911
-
205 000
-
work injury
110
-
405
-
income
2 191
-
34 199
-
pensions
4 032
-
14 917
-
health insurance
1 621
-
5 999
-
unemployment
263
-
973
-
total
8 217
-
56 493
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
183 089
205 000
-
-
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%.

1 831
20 500
-
-
total
1 831
20 500
-
-
Dividends
181 258
184 500
-
-
withholding
27 189
27 675
-
-
total
27 189
27 675
-
-
Income
205 000
205 000
205 000
205 000
Total tax
37 237
48 175
56 493
78 787
After tax
167 763
156 825
148 507
126 213
Living cost
13 695
13 695
13 695
13 695
Free-cash
154 068
143 130
134 812
112 518

Estimated living cost  is ₽13695 per week

₽8484
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽995
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽427
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3788
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

Close
Rome , Italy
₽67502
₽62881
₽54375
₽45896
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
205 000
municipal
-
-
-
1 388
regional
-
-
-
4 794
national
-
-
-
53 114
social contributions
-
-
-
50 852
total
-
-
-
110 148
Employee
85 618
-
205 000
-
social contributions
28 870
-
66 669
-
regional
1 293
-
4 274
-
municipal
511
-
1 246
-
national
14 469
-
46 439
-
total
45 143
-
118 628
-
Employer
85 618
-
205 000
-
total
-
-
-
-
Corporate
119 382
205 000
-
-
nationa
28 652
49 200
-
-
municipal
5 754
9 882
-
-
total
34 406
59 082
-
-
Dividends
84 977
145 918
-
-
withholding
22 094
37 940
-
-
total
22 094
37 940
-
-
Income
205 000
205 000
205 000
205 000
Total tax
101 643
97 022
118 628
110 148
After tax
103 357
107 978
86 372
94 852
Living cost
40 476
40 476
40 476
40 476
Free-cash
62 881
67 502
45 896
54 375

Estimated living cost  is ₽40476 per week

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

Source of data for Rome model

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