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
₽ 206000
per

Your estimated
City
free-cash

Dresden , Germany
₽73078
₽84316
₽72937
₽97943
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
206 000
trade
-
-
-
25 006
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.

-
-
-
66 674
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.

-
-
-
3 667
total
-
-
-
102 288
Employee

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

38 861
-
206 000
-
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
-
3 667
-
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
-
66 674
-
total
8 087
-
77 282
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
167 139
206 000
-
-
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.

1 379
1 699
-
-
income
25 071
30 900
-
-
trade
26 325
32 445
-
-
chamber of commerce
395
451
-
-
total
53 170
65 495
-
-
Dividends
113 969
140 506
-
-
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.

1 546
1 911
-
-
withholding
28 106
34 741
-
-
total
29 652
36 652
-
-
Income
206 000
206 000
206 000
206 000
Total tax
90 909
102 147
77 282
102 288
After tax
115 091
103 853
128 718
103 712
Living cost
30 775
30 775
30 775
30 775
Free-cash
84 316
73 078
97 943
72 937

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
₽77276
₽76424
₽67641
₽68748
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
206 000
municipal
-
-
-
22 764
pensions
-
-
-
24 720
national
-
-
-
37 392
social contributions
-
-
-
2 215
total
-
-
-
87 091
Employee
79 474
-
178 085
-
municipal
9 816
-
23 562
-
pensions
3 179
-
7 123
-
national
15 211
-
39 138
-
total
28 206
-
69 823
-
Employer
79 474
-
178 085
-
social contributions
854
-
1 914
-
pensions
6 358
-
14 247
-
total
7 212
-
16 161
-
Corporate
114 068
206 000
-
-
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%.

22 814
41 200
-
-
total
22 814
41 200
-
-
Dividends
91 254
164 800
-
-
withholding
20 076
36 256
-
-
total
20 076
36 256
-
-
Income
206 000
206 000
206 000
206 000
Total tax
78 308
77 456
85 984
87 091
After tax
127 692
128 544
120 016
118 909
Living cost
51 268
51 268
51 268
51 268
Free-cash
76 424
77 276
68 748
67 641

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
₽143662
₽135327
₽52271
₽67239
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
206 000
microenterprise
-
-
-
-
income
-
-
-
41 132
surtax
-
-
-
52 530
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
-
-
-
132 591
Employee
29 689
-
159 305
-
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
-
-
23 099
-
income
5 285
-
34 511
-
total
8 551
-
70 929
-
Employer
29 689
-
159 305
-
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
-
-
17 523
-
total
7 151
-
46 694
-
Corporate
169 159
206 000
-
-
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%.

33 833
41 200
-
-
total
33 833
41 200
-
-
Dividends

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

135 327
164 800
-
-
total
-
-
-
-
Income
206 000
206 000
206 000
206 000
Total tax
49 535
41 200
117 623
132 591
After tax
156 465
164 800
88 377
73 409
Living cost
21 138
21 138
21 138
21 138
Free-cash
135 327
143 662
67 239
52 271

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
₽59829
₽53605
₽69286
₽89074
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
206 000
income
-
-
-
69 718
pensions
-
-
-
11 904
health
-
-
-
12 529
total
-
-
-
94 151
Employee
86 765
86 765
187 118
-
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
31 048
-
pensions
15 618
11 904
11 904
-
total
43 138
37 434
55 481
-
Employer
86 765
86 765
187 118
-
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
105 105
104 041
-
-
income
21 020
20 808
-
-
total
21 020
20 808
-
-
Dividends
84 085
83 233
-
-
income
17 868
17 687
-
-
withholding
12 612
12 485
-
-
total
30 480
30 172
-
-
Income
206 000
206 000
206 000
206 000
Total tax
109 832
103 608
74 363
94 151
After tax
96 168
102 392
131 637
111 849
Living cost
42 563
42 563
42 563
42 563
Free-cash
53 605
59 829
89 074
69 286

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
₽73323
₽72443
₽64581
₽63632
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
206 000
municipal
-
-
-
54 016
accident
-
-
-
172
pensions
-
-
-
9 276
other
-
-
-
9 971
unemployment
-
-
-
86
health
-
-
-
5 354
national
-
-
-
23 391
total
-
-
-
102 266
Employee
55 789
-
179 039
-
municipal
16 636
-
53 389
-
national
-
-
22 865
-
total
16 636
-
76 254
-
Employer
55 789
-
179 039
-
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
132 682
206 000
-
-
income
29 190
45 320
-
-
total
29 190
45 320
-
-
Dividends
103 492
160 680
-
-
withholding
31 048
48 204
-
-
total
31 048
48 204
-
-
Income
206 000
206 000
206 000
206 000
Total tax
94 404
93 524
103 215
102 266
After tax
111 596
112 476
102 785
103 734
Living cost
39 153
39 153
39 153
39 153
Free-cash
72 443
73 323
63 632
64 581

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
₽62882
₽77158
₽62688
₽88804
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
206 000
trade
-
-
-
26 116
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.

-
-
-
66 674
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.

-
-
-
3 667
total
-
-
-
103 398
Employee

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

51 525
-
206 000
-
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
-
3 667
-
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
-
66 674
-
total
11 611
-
77 282
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
154 475
206 000
-
-
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
1 699
-
-
income
23 172
30 900
-
-
trade
25 411
33 887
-
-
chamber of commerce
374
447
-
-
total
50 231
66 933
-
-
Dividends
104 243
139 067
-
-
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.

1 411
1 891
-
-
withholding
25 675
34 380
-
-
total
27 086
36 271
-
-
Income
206 000
206 000
206 000
206 000
Total tax
88 928
103 204
77 282
103 398
After tax
117 072
102 796
128 718
102 602
Living cost
39 914
39 914
39 914
39 914
Free-cash
77 158
62 882
88 804
62 688

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
₽117237
₽113024
₽106494
₽104753
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
206 000
income
-
-
-
44 860
health
-
-
-
5 252
social contributions
-
-
-
16 439
total
-
-
-
66 551
Employee
78 128
78 128
193 672
-
social contributions
3 796
6 484
8 746
-
health
777
1 328
3 293
-
income
8 204
7 232
43 925
-
total
12 777
15 044
55 964
-
Employer
78 128
78 128
193 672
-
social contributions
3 796
6 484
8 746
-
health
846
1 446
3 582
-
total
4 642
7 930
12 328
-
Corporate
155 624
119 941
-
-
income
19 453
14 993
-
-
total
19 453
14 993
-
-
Dividends
136 171
104 948
-
-
withholding
23 149
17 841
-
-
total
23 149
17 841
-
-
Income
206 000
206 000
206 000
206 000
Total tax
60 021
55 808
68 292
66 551
After tax
145 979
150 192
137 708
139 449
Living cost
32 955
32 955
32 955
32 955
Free-cash
113 024
117 237
104 753
106 494

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
₽97257
₽97640
₽124302
₽101016
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
206 000
income
-
-
-
25 184
pensions
-
-
-
20 600
unemployment
-
-
-
3 090
health
-
-
-
14 420
total
-
-
-
63 294
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
172 385
-
health
1 860
740
12 067
-
income
3 248
1 293
21 074
-
pensions
2 657
1 057
17 238
-
unemployment
399
159
2 586
-
total
8 164
3 249
52 965
-
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
172 385
-
pensions
5 181
2 062
33 615
-
total
5 181
2 062
33 615
-
Corporate
174 253
193 365
-
-
income
15 683
17 403
-
-
total
15 683
17 403
-
-
Dividends
158 570
175 962
-
-
social contributions
30 800
34 192
-
-
withholding
30 128
33 433
-
-
total
60 928
67 625
-
-
Income
206 000
206 000
206 000
206 000
Total tax
89 956
90 339
86 580
63 294
After tax
116 044
115 661
119 420
142 706
Living cost
18 404
18 404
18 404
18 404
Free-cash
97 640
97 257
101 016
124 302

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
₽140259
₽133946
₽85874
₽94195
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
206 000
income
-
-
-
27 605
pensions
-
-
-
41 200
health
-
-
-
26 780
total
-
-
-
95 585
Employee
28 823
-
153 960
-
income
3 245
-
29 683
-
pensions
577
-
3 079
-
unemployment
461
-
2 464
-
total
4 283
-
35 226
-
Employer
28 823
-
153 960
-
unemployment
231
-
1 232
-
pensions
5 765
-
30 792
-
health
3 746
-
20 014
-
total
9 742
-
52 038
-
Corporate
167 434
206 000
-
-
income
33 488
41 200
-
-
total
33 488
41 200
-
-
Dividends
133 946
164 800
-
-
total
-
-
-
-
Income
206 000
206 000
206 000
206 000
Total tax
47 513
41 200
87 264
95 585
After tax
158 487
164 800
118 736
110 415
Living cost
24 541
24 541
24 541
24 541
Free-cash
133 946
140 259
94 195
85 874

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
-₽5507
₽13281
₽118527
₽90697
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
206 000
accident
-
-
-
255
income
-
-
-
58 254
pensions
-
-
-
4 197
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
65 280
Employee
34 910
-
187 175
-
health
3 997
-
21 431
-
income
4 789
-
45 157
-
pensions
3 931
-
7 696
-
total
12 717
-
74 284
-
Employer
34 910
-
187 175
-
accident
583
-
3 126
-
unemployment
855
-
4 586
-
pensions
5 677
-
11 114
-
total
7 115
-
18 826
-
Corporate
163 975
206 000
-
-
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.

147 578
185 400
-
-
total
147 578
185 400
-
-
Dividends
16 397
20 600
-
-
withholding
3 116
3 914
-
-
total
3 116
3 914
-
-
Income
206 000
206 000
206 000
206 000
Total tax
170 526
189 314
93 110
65 280
After tax
35 474
16 686
112 890
140 720
Living cost
22 193
22 193
22 193
22 193
Free-cash
13 281
-5 507
90 697
118 527

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
₽186439
₽184703
₽194679
₽155539
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
206 000
microenterprise

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

-
-
-
2 060
total
-
-
-
2 060
Employee
11 576
-
206 000
-
income
2 315
-
41 200
-
total
2 315
-
41 200
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

194 424
206 000
-
-
total
-
-
-
-
Dividends
194 424
206 000
-
-
withholding
9 721
10 300
-
-
total
9 721
10 300
-
-
Income
206 000
206 000
206 000
206 000
Total tax
12 036
10 300
41 200
2 060
After tax
193 964
195 700
164 800
203 940
Living cost
9 261
9 261
9 261
9 261
Free-cash
184 703
186 439
155 539
194 679

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
₽124277
₽117414
₽93312
₽91559
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
206 000
income
-
-
-
34 396
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
-
-
-
85 615
Employee
36 891
-
166 965
-
health
517
-
2 163
-
income
6 351
-
33 812
-
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
-
48 334
-
Employer
36 891
-
166 965
-
accident
295
-
1 336
-
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
-
39 034
-
Corporate
159 811
206 000
-
-
income
33 561
43 259
-
-
total
33 561
43 259
-
-
Dividends
126 250
162 741
-
-
withholding
8 837
11 391
-
-
total
8 837
11 391
-
-
Income
206 000
206 000
206 000
206 000
Total tax
61 513
54 650
87 368
85 615
After tax
144 487
151 350
118 632
120 385
Living cost
27 073
27 073
27 073
27 073
Free-cash
117 414
124 277
91 559
93 312

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
₽63649
₽71889
₽66254
₽47751
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
206 000
income
-
-
-
61 618
pensions
-
-
-
9 719
total
-
-
-
71 337
Employee
96 788
-
179 713
-
health
1 595
-
2 505
-
income
17 447
-
49 282
-
pensions
9 337
-
11 766
-
total
28 379
-
63 553
-
Employer
96 788
-
179 713
-
pensions
11 428
-
22 872
-
health
1 838
-
3 415
-
total
13 266
-
26 287
-
Corporate
95 946
206 000
-
-
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.

18 229
39 141
-
-
total
18 229
39 141
-
-
Dividends
77 717
166 859
-
-
withholding
5 828
34 801
-
-
total
5 828
34 801
-
-
Income
206 000
206 000
206 000
206 000
Total tax
65 702
73 942
89 840
71 337
After tax
140 298
132 058
116 160
134 663
Living cost
68 409
68 409
68 409
68 409
Free-cash
71 889
63 649
47 751
66 254

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
₽162808
₽158089
₽152301
₽160673
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
206 000
income
-
-
-
30 900
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
-
-
-
40 377
Employee
17 641
-
199 037
-
health
811
-
1 633
-
accident

We are using the highest rate at 1.1%.

194
-
390
-
income
1 764
-
19 903
-
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
-
25 042
-
Employer
17 641
-
199 037
-
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
184 898
206 000
-
-
income
18 490
20 600
-
-
total
18 490
20 600
-
-
Dividends
166 408
185 400
-
-
withholding
8 320
9 270
-
-
total
8 320
9 270
-
-
Income
206 000
206 000
206 000
206 000
Total tax
34 589
29 870
32 005
40 377
After tax
171 411
176 130
173 995
165 623
Living cost
13 322
13 322
13 322
13 322
Free-cash
158 089
162 808
160 673
152 301

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
₽46051
₽48606
₽55508
₽75296
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
206 000
income
-
-
-
69 718
pensions
-
-
-
11 904
health
-
-
-
12 529
total
-
-
-
94 151
Employee
94 199
86 765
187 118
-
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
31 048
-
pensions
11 904
11 904
11 904
-
total
37 858
37 434
55 481
-
Employer
94 199
86 765
187 118
-
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
95 307
104 041
-
-
income
19 061
20 808
-
-
total
19 061
20 808
-
-
Dividends
76 246
83 233
-
-
income
16 202
17 687
-
-
withholding
11 438
12 485
-
-
total
27 640
30 172
-
-
Income
206 000
206 000
206 000
206 000
Total tax
101 053
103 608
74 363
94 151
After tax
104 947
102 392
131 637
111 849
Living cost
56 341
56 341
56 341
56 341
Free-cash
48 606
46 051
75 296
55 508

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
₽117557
₽108897
₽95843
₽87036
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
206 000
income
-
-
-
21 489
health
-
-
-
27 810
solidarity contribution
-
-
-
1 655
social contributions
-
-
-
34 929
total
-
-
-
85 883
Employee
35 697
-
161 555
-
social contributions
2 320
-
7 775
-
health
4 819
-
21 810
-
solidarity contribution
-
-
865
-
income
4 284
-
19 795
-
total
11 423
-
50 245
-
Employer
35 697
-
161 555
-
social contributions
8 924
-
29 905
-
health
3 213
-
14 540
-
total
12 137
-
44 445
-
Corporate
158 166
206 000
-
-
income
30 052
39 140
-
-
total
30 052
39 140
-
-
Dividends
128 115
166 860
-
-
withholding
19 217
25 029
-
-
total
19 217
25 029
-
-
Income
206 000
206 000
206 000
206 000
Total tax
72 829
64 169
94 690
85 883
After tax
133 171
141 831
111 310
120 117
Living cost
24 274
24 274
24 274
24 274
Free-cash
108 897
117 557
87 036
95 843

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
₽67036
₽61731
₽54992
₽46271
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
206 000
municipal
-
-
-
1 242
regional
-
-
-
2 497
national
-
-
-
53 544
social contributions
-
-
-
50 852
total
-
-
-
108 135
Employee
90 299
-
206 000
-
social contributions
30 449
-
66 669
-
regional
852
-
2 224
-
municipal
478
-
1 114
-
national
15 647
-
46 849
-
total
47 426
-
116 856
-
Employer
90 299
-
206 000
-
total
-
-
-
-
Corporate
115 701
206 000
-
-
nationa
27 769
49 441
-
-
municipal
4 512
8 034
-
-
total
32 281
57 475
-
-
Dividends
83 420
148 525
-
-
withholding
21 689
38 616
-
-
total
21 689
38 616
-
-
Income
206 000
206 000
206 000
206 000
Total tax
101 396
96 091
116 856
108 135
After tax
104 604
109 909
89 144
97 865
Living cost
42 873
42 873
42 873
42 873
Free-cash
61 731
67 036
46 271
54 992

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
₽107154
₽103990
₽74706
₽68491
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
206 000
income
-
-
-
61 791
pensions
-
-
-
27 121
other
-
-
-
-
unemployment
-
-
-
231
health
-
-
-
9 627
surtax
-
-
-
10 103
total
-
-
-
108 873
Employee
33 600
-
177 456
-
other
-
-
-
-
health
858
-
3 457
-
surtax
110
-
8 889
-
income
5 632
-
55 715
-
pensions
2 240
-
9 045
-
unemployment
2 339
-
9 438
-
total
11 179
-
86 544
-
Employer
33 600
-
177 456
-
other
-
-
-
-
unemployment
1 064
-
4 298
-
pensions
4 479
-
18 076
-
health
1 529
-
6 170
-
total
7 072
-
28 544
-
Corporate
165 328
206 000
-
-
income
42 986
53 559
-
-
total
42 986
53 559
-
-
Dividends
122 342
152 441
-
-
withholding
18 352
22 866
-
-
total
18 352
22 866
-
-
Income
206 000
206 000
206 000
206 000
Total tax
79 589
76 425
115 088
108 873
After tax
126 411
129 575
90 912
97 127
Living cost
22 420
22 420
22 420
22 420
Free-cash
103 990
107 154
68 491
74 706

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
₽85323
₽92082
₽87928
₽69425
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
206 000
income
-
-
-
61 618
pensions
-
-
-
9 719
total
-
-
-
71 337
Employee
64 865
-
179 713
-
health
942
-
2 505
-
income
11 682
-
49 282
-
pensions
5 506
-
11 766
-
total
18 130
-
63 553
-
Employer
64 865
-
179 713
-
pensions
7 022
-
22 872
-
health
1 232
-
3 415
-
total
8 254
-
26 287
-
Corporate
132 881
206 000
-
-
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.

25 248
39 141
-
-
total
25 248
39 141
-
-
Dividends
107 633
166 859
-
-
withholding
15 551
34 801
-
-
total
15 551
34 801
-
-
Income
206 000
206 000
206 000
206 000
Total tax
67 183
73 942
89 840
71 337
After tax
138 817
132 058
116 160
134 663
Living cost
46 735
46 735
46 735
46 735
Free-cash
92 082
85 323
69 425
87 928

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
₽16584
₽49793
₽87030
₽78631
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
206 000
city
-
-
-
2 171
pensions
-
-
-
18 952
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.

-
-
-
4 120
regional
-
-
-
11 032
health
-
-
-
464
national
-
-
-
4 616
total
-
-
-
41 355
Employee
90 829
-
184 890
-
city
975
-
1 993
-
regional
2 974
-
9 682
-
health
205
-
417
-
pensions
7 631
-
14 961
-
unemployment
-
-
-
-
national
430
-
3 625
-
total
12 215
-
30 678
-
Employer
90 829
-
184 890
-
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
-
3 698
-
unemployment
-
-
-
-
pensions
7 631
-
14 961
-
health
205
-
417
-
total
9 652
-
19 076
-
Corporate
104 520
206 000
-
-
regional
22 105
43 568
-
-
national
8 885
17 510
-
-
total
30 990
61 078
-
-
Dividends
73 530
144 921
-
-
withholding
25 735
50 723
-
-
total
25 735
50 723
-
-
Income
206 000
206 000
206 000
206 000
Total tax
78 592
111 801
49 754
41 355
After tax
127 408
94 199
156 246
164 645
Living cost
77 615
77 615
77 615
77 615
Free-cash
49 793
16 584
78 631
87 030

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
₽55192
₽71668
₽54946
₽82173
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
206 000
trade
-
-
-
27 227
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.

-
-
-
66 674
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.

-
-
-
3 667
total
-
-
-
104 509
Employee

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

61 062
-
206 000
-
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
-
3 667
-
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
-
66 674
-
total
14 516
-
77 282
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
144 938
206 000
-
-
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.

1 195
1 699
-
-
income
21 741
30 900
-
-
trade
24 857
35 329
-
-
chamber of commerce
359
443
-
-
total
48 152
68 371
-
-
Dividends
96 785
137 629
-
-
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.

1 309
1 870
-
-
withholding
23 810
34 022
-
-
total
25 119
35 892
-
-
Income
206 000
206 000
206 000
206 000
Total tax
87 787
104 263
77 282
104 509
After tax
118 213
101 737
128 718
101 491
Living cost
46 545
46 545
46 545
46 545
Free-cash
71 668
55 192
82 173
54 946

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
₽69063
₽75064
₽79921
₽75318
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
206 000
income
-
-
-
35 351
pensions
-
-
-
34 157
other
-
-
-
6 386
health
-
-
-
9 554
surtax
-
-
-
-
social contributions
-
-
-
5 869
total
-
-
-
91 317
Employee
43 485
-
158 117
-
social contributions
1 240
-
4 506
-
surtax
-
-
-
-
income
2 566
-
31 991
-
pensions
4 917
-
11 540
-
total
8 723
-
48 037
-
Employer
43 485
-
158 117
-
other
1 500
-
6 400
-
social contributions
131
-
474
-
unemployment
1 760
-
6 403
-
pensions
7 144
-
19 330
-
health
3 045
-
15 276
-
total
13 580
-
47 883
-
Corporate
148 935
206 000
-
-
surtax
-
-
-
-
income
41 701
57 680
-
-
total
41 701
57 680
-
-
Dividends
107 234
148 320
-
-
surtax
-
-
-
-
social contributions
18 444
25 511
-
-
withholding
13 726
18 984
-
-
total
32 170
44 495
-
-
Income
206 000
206 000
206 000
206 000
Total tax
96 174
102 175
95 920
91 317
After tax
109 826
103 825
110 080
114 683
Living cost
34 762
34 762
34 762
34 762
Free-cash
75 064
69 063
75 318
79 921

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
₽72507
₽78150
₽83365
₽78762
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
206 000
income
-
-
-
35 351
pensions
-
-
-
34 157
other
-
-
-
6 386
health
-
-
-
9 554
surtax
-
-
-
-
social contributions
-
-
-
5 869
total
-
-
-
91 317
Employee
38 816
-
158 117
-
social contributions
1 107
-
4 506
-
surtax
-
-
-
-
income
2 001
-
31 991
-
pensions
4 390
-
11 540
-
total
7 498
-
48 037
-
Employer
38 816
-
158 117
-
other
1 340
-
6 400
-
social contributions
116
-
474
-
unemployment
1 571
-
6 403
-
pensions
6 378
-
19 330
-
health
2 717
-
15 276
-
total
12 122
-
47 883
-
Corporate
155 062
206 000
-
-
surtax
-
-
-
-
income
43 417
57 680
-
-
total
43 417
57 680
-
-
Dividends
111 644
148 320
-
-
surtax
-
-
-
-
social contributions
19 204
25 511
-
-
withholding
14 291
18 984
-
-
total
33 495
44 495
-
-
Income
206 000
206 000
206 000
206 000
Total tax
96 532
102 175
95 920
91 317
After tax
109 468
103 825
110 080
114 683
Living cost
31 318
31 318
31 318
31 318
Free-cash
78 150
72 507
78 762
83 365

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
₽104131
₽104659
₽110749
₽105707
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
206 000
income
-
-
-
30 900
health
-
-
-
14 378
social contributions
-
-
-
28 428
total
-
-
-
73 706
Employee
34 450
-
206 000
-
social contributions
4 755
-
28 428
-
health
2 404
-
14 378
-
income
5 746
-
35 942
-
total
12 905
-
78 748
-
Employer
34 450
-
206 000
-
total
-
-
-
-
Corporate
171 550
206 000
-
-
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%.

8 578
10 300
-
-
total
8 578
10 300
-
-
Dividends
162 972
195 700
-
-
health
11 376
13 661
-
-
social contributions
22 490
27 007
-
-
withholding
24 447
29 356
-
-
total
58 313
70 024
-
-
Income
206 000
206 000
206 000
206 000
Total tax
79 796
80 324
78 748
73 706
After tax
126 204
125 676
127 252
132 294
Living cost
21 545
21 545
21 545
21 545
Free-cash
104 659
104 131
105 707
110 749

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
₽77919
₽76350
₽70002
₽18444
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
206 000
chamber of commerce
-
-
-
823
income
-
-
-
61 902
pensions
-
-
-
21 959
unemployment
-
-
-
6 232
health
-
-
-
9 080
surtax
-
-
-
201
total
-
-
-
100 197
Employee
50 777
40 491
168 035
-
other
507
405
1 188
-
health
1 965
1 568
4 593
-
income
5 781
2 987
51 249
-
pensions
5 200
4 145
12 155
-
unemployment
1 523
1 215
3 561
-
total
14 976
10 320
72 746
-
Employer
50 777
40 491
168 035
-
accident
659
526
1 542
-
other
2 412
1 922
7 562
-
chamber of commerce
202
162
673
-
unemployment
1 523
1 215
3 561
-
surtax
201
201
201
-
pensions
6 372
5 083
14 897
-
payroll
1 523
1 215
5 040
-
health
1 918
1 531
4 487
-
total
14 810
11 855
37 963
-
Corporate
140 411
153 655
164 181
-
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.

35 103
38 414
41 046
-
total
35 103
38 414
41 046
-
Dividends
105 308
115 241
-
-
withholding
28 960
31 691
-
-
total
28 960
31 691
-
-
Income
206 000
206 000
206 000
206 000
Total tax
93 849
92 280
151 755
100 197
After tax
112 151
113 720
54 245
105 803
Living cost
35 801
35 801
35 801
35 801
Free-cash
76 350
77 919
18 444
70 002

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
₽77259
₽62868
₽52438
₽33975
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
206 000
national
-
-
-
80 345
communal

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

-
-
-
10 840
social contributions
-
-
-
25 331
total
-
-
-
116 516
Employee

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

72 678
-
159 552
-
communal

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

3 791
-
8 322
-
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
-
7 500
-
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
-
11 966
-
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
-
1 388
-
national
22 344
-
59 359
-
total
35 633
-
88 535
-
Employer

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

72 678
-
159 552
-
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
-
2 073
-
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
-
2 329
-
surtax
8 241
-
18 093
-
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
-
14 137
-
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
-
9 812
-
total
21 155
-
46 444
-
Corporate
112 167
206 000
-
-
surtax
449
848
-
-
income
22 434
42 388
-
-
total
22 883
43 236
-
-
Dividends
89 284
162 764
-
-
withholding

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

26 415
48 459
-
-
total
26 415
48 459
-
-
Income
206 000
206 000
206 000
206 000
Total tax
106 086
91 695
134 979
116 516
After tax
99 914
114 305
71 021
89 484
Living cost
37 046
37 046
37 046
37 046
Free-cash
62 868
77 259
33 975
52 438

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
₽100294
₽93333
₽78613
₽74349
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
206 000
accident
-
-
-
848
income
-
-
-
62 443
pensions
-
-
-
26 650
other
-
-
-
94
unemployment
-
-
-
659
total
-
-
-
90 694
Employee
50 576
-
175 977
-
other
50
-
94
-
income
10 671
-
58 955
-
pensions
2 377
-
4 427
-
unemployment
785
-
1 460
-
total
13 883
-
64 936
-
Employer
50 576
-
175 977
-
accident
1 001
-
1 864
-
other
403
-
754
-
unemployment
2 782
-
5 179
-
pensions
11 935
-
22 225
-
total
16 121
-
30 022
-
Corporate
139 303
206 000
-
-
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.

20 895
30 900
-
-
total
20 895
30 900
-
-
Dividends
118 408
175 100
-
-
withholding
25 075
38 113
-
-
total
25 075
38 113
-
-
Income
206 000
206 000
206 000
206 000
Total tax
75 974
69 013
94 958
90 694
After tax
130 026
136 987
111 042
115 306
Living cost
36 693
36 693
36 693
36 693
Free-cash
93 333
100 294
74 349
78 613

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
₽63199
₽49448
₽43607
₽51816
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
206 000
accident
-
-
-
1 737
income
-
-
-
36 859
pensions
-
-
-
30 877
health
-
-
-
14 472
surtax
-
-
-
10 213
communal
-
-
-
13 019
total
-
-
-
107 177
Employee
76 944
-
184 010
-
health
3 424
-
8 189
-
surtax
4 716
-
11 278
-
income
7 432
-
42 790
-
pensions
6 155
-
14 721
-
total
21 727
-
76 978
-
Employer
76 944
-
184 010
-
accident
692
-
1 656
-
pensions
6 155
-
14 721
-
health
2 347
-
5 613
-
total
9 194
-
21 990
-
Corporate
119 863
206 000
-
-
surtax
1 259
2 163
-
-
communal
8 090
13 906
-
-
income
17 980
30 900
-
-
total
27 329
46 969
-
-
Dividends
92 534
159 031
-
-
income
29 205
16 761
-
-
withholding
13 881
23 855
-
-
total
43 086
40 616
-
-
Income
206 000
206 000
206 000
206 000
Total tax
101 336
87 585
98 968
107 177
After tax
104 664
118 415
107 032
98 823
Living cost
55 216
55 216
55 216
55 216
Free-cash
49 448
63 199
51 816
43 607

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
₽106754
₽103521
₽74306
₽68091
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
206 000
income
-
-
-
61 791
pensions
-
-
-
27 121
other
-
-
-
-
unemployment
-
-
-
231
health
-
-
-
9 627
surtax
-
-
-
10 103
total
-
-
-
108 873
Employee
34 217
-
177 456
-
other
-
-
-
-
health
873
-
3 457
-
surtax
121
-
8 889
-
income
5 736
-
55 715
-
pensions
2 283
-
9 045
-
unemployment
2 381
-
9 438
-
total
11 394
-
86 544
-
Employer
34 217
-
177 456
-
other
-
-
-
-
unemployment
1 086
-
4 298
-
pensions
4 562
-
18 076
-
health
1 556
-
6 170
-
total
7 204
-
28 544
-
Corporate
164 580
206 000
-
-
income
42 791
53 559
-
-
total
42 791
53 559
-
-
Dividends
121 789
152 441
-
-
withholding
18 269
22 866
-
-
total
18 269
22 866
-
-
Income
206 000
206 000
206 000
206 000
Total tax
79 658
76 425
115 088
108 873
After tax
126 342
129 575
90 912
97 127
Living cost
22 821
22 821
22 821
22 821
Free-cash
103 521
106 754
68 091
74 306

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
₽80907
₽78652
₽69842
₽61170
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
206 000
municipal
-
-
-
1 242
regional
-
-
-
3 150
national
-
-
-
53 544
social contributions
-
-
-
50 852
total
-
-
-
108 788
Employee
56 361
-
206 000
-
social contributions
19 005
-
66 669
-
regional
759
-
2 828
-
municipal
299
-
1 114
-
national
8 929
-
46 849
-
total
28 992
-
117 460
-
Employer
56 361
-
206 000
-
total
-
-
-
-
Corporate
149 639
206 000
-
-
nationa
35 913
49 441
-
-
municipal
7 437
10 238
-
-
total
43 350
59 679
-
-
Dividends
106 289
146 321
-
-
withholding
27 636
38 044
-
-
total
27 636
38 044
-
-
Income
206 000
206 000
206 000
206 000
Total tax
99 978
97 723
117 460
108 788
After tax
106 022
108 277
88 540
97 212
Living cost
27 370
27 370
27 370
27 370
Free-cash
78 652
80 907
61 170
69 842

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
₽111919
₽101249
₽90205
₽81398
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
206 000
income
-
-
-
21 489
health
-
-
-
27 810
solidarity contribution
-
-
-
1 655
social contributions
-
-
-
34 929
total
-
-
-
85 883
Employee
43 988
-
161 555
-
social contributions
2 859
-
7 775
-
health
5 938
-
21 810
-
solidarity contribution
-
-
865
-
income
5 278
-
19 795
-
total
14 075
-
50 245
-
Employer
43 988
-
161 555
-
social contributions
10 997
-
29 905
-
health
3 959
-
14 540
-
total
14 956
-
44 445
-
Corporate
147 057
206 000
-
-
income
27 941
39 140
-
-
total
27 941
39 140
-
-
Dividends
119 116
166 860
-
-
withholding
17 867
25 029
-
-
total
17 867
25 029
-
-
Income
206 000
206 000
206 000
206 000
Total tax
74 839
64 169
94 690
85 883
After tax
131 161
141 831
111 310
120 117
Living cost
29 912
29 912
29 912
29 912
Free-cash
101 249
111 919
81 398
90 205

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
₽81414
₽80914
₽73589
₽21880
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
206 000
chamber of commerce
-
-
-
823
income
-
-
-
61 902
pensions
-
-
-
21 959
unemployment
-
-
-
6 232
health
-
-
-
9 080
surtax
-
-
-
-
total
-
-
-
99 996
Employee
44 414
40 491
168 224
-
other
443
405
1 188
-
health
1 718
1 568
4 593
-
income
3 957
2 987
51 340
-
pensions
4 548
4 145
12 155
-
unemployment
1 332
1 215
3 561
-
total
11 998
10 320
72 837
-
Employer
44 414
40 491
168 224
-
accident
577
526
1 542
-
other
2 109
1 922
7 570
-
chamber of commerce
177
162
673
-
unemployment
1 332
1 215
3 561
-
surtax
-
-
-
-
pensions
5 574
5 083
14 897
-
payroll
1 332
1 215
5 046
-
health
1 679
1 531
4 487
-
total
12 780
11 654
37 776
-
Corporate
148 805
153 856
164 368
-
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.

37 201
38 464
41 092
-
total
37 201
38 464
41 092
-
Dividends
111 603
115 392
-
-
withholding
30 692
31 733
-
-
total
30 692
31 733
-
-
Income
206 000
206 000
206 000
206 000
Total tax
92 671
92 171
151 705
99 996
After tax
113 329
113 829
54 295
106 004
Living cost
32 415
32 415
32 415
32 415
Free-cash
80 914
81 414
21 880
73 589

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
₽181268
₽178562
₽189508
₽150368
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
206 000
microenterprise

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

-
-
-
2 060
total
-
-
-
2 060
Employee
18 040
-
206 000
-
income
3 608
-
41 200
-
total
3 608
-
41 200
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

187 960
206 000
-
-
total
-
-
-
-
Dividends
187 960
206 000
-
-
withholding
9 398
10 300
-
-
total
9 398
10 300
-
-
Income
206 000
206 000
206 000
206 000
Total tax
13 006
10 300
41 200
2 060
After tax
192 994
195 700
164 800
203 940
Living cost
14 432
14 432
14 432
14 432
Free-cash
178 562
181 268
150 368
189 508

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
₽114578
₽106080
₽70769
₽66300
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
206 000
income
-
-
-
49 779
pensions
-
-
-
37 622
unemployment
-
-
-
308
health
-
-
-
20 270
total
-
-
-
107 979
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
-
178 247
-
health
2 902
-
11 515
-
income
7 748
-
45 306
-
pensions
6 964
-
27 628
-
unemployment
64
-
249
-
total
17 678
-
84 698
-
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
-
178 247
-
unemployment
27
-
106
-
pensions
3 976
-
15 774
-
health
2 992
-
11 870
-
total
6 995
-
27 750
-
Corporate
154 075
206 000
-
-
income
29 275
39 141
-
-
total
29 275
39 141
-
-
Dividends
124 801
166 859
-
-
withholding
18 720
25 029
-
-
total
18 720
25 029
-
-
Income
206 000
206 000
206 000
206 000
Total tax
72 668
64 170
112 448
107 979
After tax
133 332
141 830
93 552
98 021
Living cost
27 252
27 252
27 252
27 252
Free-cash
106 080
114 578
66 300
70 769

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
₽81430
₽33034
₽98462
₽148715
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
206 000
income
-
-
-
40 154
social contributions
-
-
-
23 484
total
-
-
-
63 638
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
54 298
206 000
-
-
income
11 946
45 320
-
-
total
11 946
45 320
-
-
Dividends
42 352
160 680
-
-
income
9 318
35 350
-
-
total
9 318
35 350
-
-
Income
206 000
206 000
206 000
206 000
Total tax
129 066
80 670
13 385
63 638
After tax
76 934
125 330
192 615
142 362
Living cost
43 900
43 900
43 900
43 900
Free-cash
33 034
81 430
148 715
98 462

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
₽85304
₽84280
₽76719
₽61101
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
206 000
income
-
-
-
25 826
surtax
-
-
-
-
social contributions

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

-
-
-
71 585
total
-
-
-
97 411
Employee
46 730
-
166 464
-
social contributions
5 140
-
18 311
-
surtax
-
-
-
-
income
9 720
-
55 184
-
total
14 860
-
73 495
-
Employer
46 730
-
166 464
-
social contributions
11 098
-
39 534
-
total
11 098
-
39 534
-
Corporate
148 172
206 000
-
-
surtax
-
-
-
-
income
31 116
43 259
-
-
total
31 116
43 259
-
-
Dividends
117 056
162 741
-
-
withholding
32 776
45 567
-
-
total
32 776
45 567
-
-
Income
206 000
206 000
206 000
206 000
Total tax
89 850
88 826
113 029
97 411
After tax
116 150
117 174
92 971
108 589
Living cost
31 870
31 870
31 870
31 870
Free-cash
84 280
85 304
61 101
76 719

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
₽54752
₽61735
₽65610
₽61007
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
206 000
income
-
-
-
35 351
pensions
-
-
-
34 157
other
-
-
-
6 386
health
-
-
-
9 554
surtax
-
-
-
-
social contributions
-
-
-
5 869
total
-
-
-
91 317
Employee
63 636
-
158 117
-
social contributions
1 812
-
4 506
-
surtax
-
-
-
-
income
5 552
-
31 991
-
pensions
7 198
-
11 540
-
total
14 562
-
48 037
-
Employer
63 636
-
158 117
-
other
2 196
-
6 400
-
social contributions
191
-
474
-
unemployment
2 578
-
6 403
-
pensions
10 456
-
19 330
-
health
4 454
-
15 276
-
total
19 875
-
47 883
-
Corporate
122 489
206 000
-
-
surtax
-
-
-
-
income
34 297
57 680
-
-
total
34 297
57 680
-
-
Dividends
88 191
148 320
-
-
surtax
-
-
-
-
social contributions
15 169
25 511
-
-
withholding
11 289
18 984
-
-
total
26 458
44 495
-
-
Income
206 000
206 000
206 000
206 000
Total tax
95 192
102 175
95 920
91 317
After tax
110 808
103 825
110 080
114 683
Living cost
49 073
49 073
49 073
49 073
Free-cash
61 735
54 752
61 007
65 610

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
₽154858
₽151445
₽120241
₽125713
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
206 000
income
-
-
-
9 897
social contributions
-
-
-
45 320
total
-
-
-
55 217
Employee
32 665
-
178 355
-
income
-
-
10 506
-
social contributions
2 123
-
11 594
-
total
2 123
-
22 100
-
Employer
32 665
-
178 355
-
social contributions
5 063
-
27 645
-
total
5 063
-
27 645
-
Corporate
168 272
206 000
-
-
income
16 827
20 600
-
-
total
16 827
20 600
-
-
Dividends
151 446
185 400
-
-
total
-
-
-
-
Income
206 000
206 000
206 000
206 000
Total tax
24 013
20 600
49 745
55 217
After tax
181 987
185 400
156 255
150 783
Living cost
30 542
30 542
30 542
30 542
Free-cash
151 445
154 858
125 713
120 241

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
-₽15348
-₽15348
₽71004
-₽15348
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
206 000
municipal
-
-
-
43 714
pensions
-
-
-
881
national
-
-
-
25 064
labour market
-
-
-
16 410
total
-
-
-
86 069
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
206 000
206 000
206 000
206 000
Total tax
172 421
172 421
172 421
86 069
After tax
33 579
33 579
33 579
119 931
Living cost
48 927
48 927
48 927
48 927
Free-cash
-15 348
-15 348
-15 348
71 004

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
-₽5179
₽13332
₽118855
₽91025
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
206 000
accident
-
-
-
255
income
-
-
-
58 254
pensions
-
-
-
4 197
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
65 280
Employee
34 396
-
187 175
-
health
3 939
-
21 431
-
income
4 719
-
45 157
-
pensions
3 873
-
7 696
-
total
12 531
-
74 284
-
Employer
34 396
-
187 175
-
accident
574
-
3 126
-
unemployment
843
-
4 586
-
pensions
5 593
-
11 114
-
total
7 010
-
18 826
-
Corporate
164 594
206 000
-
-
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.

148 135
185 400
-
-
total
148 135
185 400
-
-
Dividends
16 459
20 600
-
-
withholding
3 127
3 914
-
-
total
3 127
3 914
-
-
Income
206 000
206 000
206 000
206 000
Total tax
170 803
189 314
93 110
65 280
After tax
35 197
16 686
112 890
140 720
Living cost
21 865
21 865
21 865
21 865
Free-cash
13 332
-5 179
91 025
118 855

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
₽88396
₽91535
₽89932
₽66338
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
206 000
municipal
-
-
-
36 586
health
-
-
-
2 748
national
-
-
-
37 726
total
-
-
-
77 060
Employee
53 456
-
173 299
-
health
399
-
2 244
-
municipal
8 756
-
28 216
-
pensions
3 608
-
11 698
-
unemployment
802
-
2 599
-
national
883
-
23 196
-
total
14 448
-
67 953
-
Employer
53 456
-
173 299
-
accident
54
-
174
-
unemployment
347
-
1 126
-
pensions
9 274
-
30 067
-
health
411
-
1 334
-
total
10 086
-
32 701
-
Corporate
142 458
206 000
-
-
income
28 492
41 200
-
-
total
28 492
41 200
-
-
Dividends

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

85 475
123 600
-
-
national
7 045
15 147
-
-
municipal
15 386
22 249
-
-
total
22 431
37 396
-
-
Income
206 000
206 000
206 000
206 000
Total tax
75 457
78 596
100 654
77 060
After tax
130 543
127 404
105 346
128 940
Living cost
39 008
39 008
39 008
39 008
Free-cash
91 535
88 396
66 338
89 932

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
₽126668
₽121137
₽115925
₽114184
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
206 000
income
-
-
-
44 860
health
-
-
-
5 252
social contributions
-
-
-
16 439
total
-
-
-
66 551
Employee
78 128
78 128
193 672
-
social contributions
2 954
6 484
8 746
-
health
605
1 328
3 293
-
income
8 507
7 232
43 925
-
total
12 066
15 044
55 964
-
Employer
78 128
78 128
193 672
-
social contributions
2 954
6 484
8 746
-
health
657
1 446
3 582
-
total
3 611
7 930
12 328
-
Corporate
166 798
119 941
-
-
income
20 851
14 993
-
-
total
20 851
14 993
-
-
Dividends
145 948
104 948
-
-
withholding
24 811
17 841
-
-
total
24 811
17 841
-
-
Income
206 000
206 000
206 000
206 000
Total tax
61 339
55 808
68 292
66 551
After tax
144 661
150 192
137 708
139 449
Living cost
23 524
23 524
23 524
23 524
Free-cash
121 137
126 668
114 184
115 925

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
₽154456
₽149285
₽158517
₽138137
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
206 000
income
-
-
-
21 182
pensions
-
-
-
6 463
unemployment
-
-
-
29
health
-
-
-
3 677
total
-
-
-
31 351
Employee

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

23 322
-
196 070
-
health
1 982
-
8 195
-
income
1 595
-
18 664
-
pensions
3 498
-
14 461
-
unemployment
116
-
482
-
total
7 191
-
41 802
-
Employer

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

23 322
-
196 070
-
unemployment
116
-
482
-
pensions
1 282
-
5 302
-
health
1 003
-
4 145
-
total
2 401
-
9 929
-
Corporate
180 278
206 000
-
-
income
16 225
18 541
-
-
total
16 225
18 541
-
-
Dividends
164 053
187 459
-
-
withholding
14 766
16 871
-
-
total
14 766
16 871
-
-
Income
206 000
206 000
206 000
206 000
Total tax
40 583
35 412
51 731
31 351
After tax
165 417
170 588
154 269
174 649
Living cost
16 132
16 132
16 132
16 132
Free-cash
149 285
154 456
138 137
158 517

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
₽109047
₽104559
₽87366
₽83102
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
206 000
accident
-
-
-
848
income
-
-
-
62 443
pensions
-
-
-
26 650
other
-
-
-
94
unemployment
-
-
-
659
total
-
-
-
90 694
Employee
37 569
-
175 977
-
other
37
-
94
-
income
7 243
-
58 955
-
pensions
1 766
-
4 427
-
unemployment
582
-
1 460
-
total
9 628
-
64 936
-
Employer
37 569
-
175 977
-
accident
744
-
1 864
-
other
301
-
754
-
unemployment
2 067
-
5 179
-
pensions
8 866
-
22 225
-
total
11 978
-
30 022
-
Corporate
156 454
206 000
-
-
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.

23 467
30 900
-
-
total
23 467
30 900
-
-
Dividends
132 986
175 100
-
-
withholding
28 428
38 113
-
-
total
28 428
38 113
-
-
Income
206 000
206 000
206 000
206 000
Total tax
73 501
69 013
94 958
90 694
After tax
132 499
136 987
111 042
115 306
Living cost
27 940
27 940
27 940
27 940
Free-cash
104 559
109 047
83 102
87 366

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
₽125763
₽125307
₽129485
₽129288
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
206 000
income
-
-
-
70 234
pensions
-
-
-
2 029
health
-
-
-
1 471
total
-
-
-
73 734
Employee
4 236
-
203 718
-
health
212
-
507
-
income
820
-
70 127
-
pensions
381
-
913
-
unemployment
42
-
101
-
total
1 455
-
71 648
-
Employer
4 236
-
203 718
-
unemployment
85
-
203
-
pensions
466
-
1 116
-
health
402
-
964
-
total
953
-
2 283
-
Corporate
200 810
206 000
-
-
income
44 178
45 320
-
-
total
44 178
45 320
-
-
Dividends
156 632
160 680
-
-
withholding
31 326
32 136
-
-
total
31 326
32 136
-
-
Income
206 000
206 000
206 000
206 000
Total tax
77 912
77 456
73 931
73 734
After tax
128 088
128 544
132 069
132 266
Living cost
2 781
2 781
2 781
2 781
Free-cash
125 307
125 763
129 288
129 485

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
₽131276
₽126278
₽112818
₽112819
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
206 000
income
-
-
-
47 259
pensions
-
-
-
19 509
unemployment
-
-
-
1 126
health
-
-
-
7 729
total
-
-
-
75 623
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
-
192 569
-
health
1 364
-
3 864
-
income
3 650
-
47 259
-
pensions
3 707
-
10 505
-
unemployment
199
-
563
-
total
8 920
-
62 191
-
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
-
192 569
-
unemployment
199
-
563
-
pensions
3 177
-
9 004
-
health
1 364
-
3 864
-
total
4 740
-
13 431
-
Corporate
174 784
206 000
-
-
income
26 218
30 900
-
-
total
26 218
30 900
-
-
Dividends
148 566
175 100
-
-
withholding
22 285
26 265
-
-
total
22 285
26 265
-
-
Income
206 000
206 000
206 000
206 000
Total tax
62 163
57 165
75 622
75 623
After tax
143 837
148 835
130 378
130 377
Living cost
17 559
17 559
17 559
17 559
Free-cash
126 278
131 276
112 819
112 818

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
₽89782
₽89415
₽81197
₽65579
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
206 000
income
-
-
-
25 826
surtax
-
-
-
-
social contributions

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

-
-
-
71 585
total
-
-
-
97 411
Employee
39 435
-
166 464
-
social contributions
4 338
-
18 311
-
surtax
-
-
-
-
income
7 705
-
55 184
-
total
12 043
-
73 495
-
Employer
39 435
-
166 464
-
social contributions
9 365
-
39 534
-
total
9 365
-
39 534
-
Corporate
157 200
206 000
-
-
surtax
-
-
-
-
income
33 011
43 259
-
-
total
33 011
43 259
-
-
Dividends
124 189
162 741
-
-
withholding
34 774
45 567
-
-
total
34 774
45 567
-
-
Income
206 000
206 000
206 000
206 000
Total tax
89 193
88 826
113 029
97 411
After tax
116 807
117 174
92 971
108 589
Living cost
27 392
27 392
27 392
27 392
Free-cash
89 415
89 782
65 579
81 197

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
₽101279
₽94630
₽79598
₽75334
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
206 000
accident
-
-
-
848
income
-
-
-
62 443
pensions
-
-
-
26 650
other
-
-
-
94
unemployment
-
-
-
659
total
-
-
-
90 694
Employee
49 070
-
175 977
-
other
48
-
94
-
income
10 249
-
58 955
-
pensions
2 306
-
4 427
-
unemployment
760
-
1 460
-
total
13 363
-
64 936
-
Employer
49 070
-
175 977
-
accident
972
-
1 864
-
other
393
-
754
-
unemployment
2 699
-
5 179
-
pensions
11 580
-
22 225
-
total
15 644
-
30 022
-
Corporate
141 285
206 000
-
-
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.

21 192
30 900
-
-
total
21 192
30 900
-
-
Dividends
120 093
175 100
-
-
withholding
25 463
38 113
-
-
total
25 463
38 113
-
-
Income
206 000
206 000
206 000
206 000
Total tax
75 662
69 013
94 958
90 694
After tax
130 338
136 987
111 042
115 306
Living cost
35 708
35 708
35 708
35 708
Free-cash
94 630
101 279
75 334
79 598

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
₽158651
₽152459
₽148144
₽156516
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
206 000
income
-
-
-
30 900
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
-
-
-
40 377
Employee
23 145
-
199 037
-
health
1 065
-
1 633
-
accident

We are using the highest rate at 1.1%.

254
-
390
-
income
2 315
-
19 903
-
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
-
25 042
-
Employer
23 145
-
199 037
-
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
178 314
206 000
-
-
income
17 831
20 600
-
-
total
17 831
20 600
-
-
Dividends
160 483
185 400
-
-
withholding
8 024
9 270
-
-
total
8 024
9 270
-
-
Income
206 000
206 000
206 000
206 000
Total tax
36 062
29 870
32 005
40 377
After tax
169 938
176 130
173 995
165 623
Living cost
17 479
17 479
17 479
17 479
Free-cash
152 459
158 651
156 516
148 144

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
₽66745
₽80041
₽66709
₽89492
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
206 000
trade
-
-
-
22 783
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.

-
-
-
66 674
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.

-
-
-
3 667
total
-
-
-
100 065
Employee

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

50 554
-
206 000
-
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
-
3 667
-
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
-
66 674
-
total
11 327
-
77 282
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
155 446
206 000
-
-
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.

1 282
1 699
-
-
income
23 317
30 900
-
-
trade
22 306
29 562
-
-
chamber of commerce
382
457
-
-
total
47 287
62 618
-
-
Dividends
108 159
143 382
-
-
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.

1 465
1 951
-
-
withholding
26 654
35 460
-
-
total
28 119
37 411
-
-
Income
206 000
206 000
206 000
206 000
Total tax
86 733
100 029
77 282
100 065
After tax
119 267
105 971
128 718
105 935
Living cost
39 226
39 226
39 226
39 226
Free-cash
80 041
66 745
89 492
66 709

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
₽86322
₽88565
₽47521
₽47521
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
206 000
income
-
-
-
65 606
social contributions
-
-
-
34 995
total
-
-
-
100 601
Employee
79 477
-
206 000
-
income
14 997
-
65 606
-
social contributions
6 603
-
34 995
-
total
21 600
-
100 601
-
Employer
79 477
-
206 000
-
total
-
-
-
-
Corporate
126 523
206 000
-
-
income
15 814
25 750
-
-
total
15 814
25 750
-
-
Dividends
110 709
180 250
-
-
withholding
22 143
36 050
-
-
total
22 143
36 050
-
-
Income
206 000
206 000
206 000
206 000
Total tax
59 557
61 800
100 601
100 601
After tax
146 443
144 200
105 399
105 399
Living cost
57 878
57 878
57 878
57 878
Free-cash
88 565
86 322
47 521
47 521

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
₽91650
₽95202
₽131406
₽107938
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
206 000
income
-
-
-
30 900
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
-
-
-
37 712
Employee
46 610
-
201 326
-
income
5 057
-
51 832
-
social contributions
4 670
-
4 674
-
total
9 727
-
56 506
-
Employer
46 610
-
201 326
-
social contributions
4 670
-
4 674
-
total
4 670
-
4 674
-
Corporate
154 720
206 000
-
-
income
54 151
72 100
-
-
total
54 151
72 100
-
-
Dividends
100 569
133 900
-
-
social contributions
5 368
5 368
-
-
total
5 368
5 368
-
-
Income
206 000
206 000
206 000
206 000
Total tax
73 916
77 468
61 180
37 712
After tax
132 084
128 532
144 820
168 288
Living cost
36 882
36 882
36 882
36 882
Free-cash
95 202
91 650
107 938
131 406

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
₽94064
₽100122
₽96669
₽78166
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
206 000
income
-
-
-
61 618
pensions
-
-
-
9 719
total
-
-
-
71 337
Employee
52 152
-
179 713
-
health
680
-
2 505
-
income
9 497
-
49 282
-
pensions
3 981
-
11 766
-
total
14 158
-
63 553
-
Employer
52 152
-
179 713
-
pensions
5 269
-
22 872
-
health
991
-
3 415
-
total
6 260
-
26 287
-
Corporate
147 587
206 000
-
-
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.

28 042
39 141
-
-
total
28 042
39 141
-
-
Dividends
119 546
166 859
-
-
withholding
19 424
34 801
-
-
total
19 424
34 801
-
-
Income
206 000
206 000
206 000
206 000
Total tax
67 884
73 942
89 840
71 337
After tax
138 116
132 058
116 160
134 663
Living cost
37 994
37 994
37 994
37 994
Free-cash
100 122
94 064
78 166
96 669

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
-₽7344
₽13001
₽116690
₽88860
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
206 000
accident
-
-
-
255
income
-
-
-
58 254
pensions
-
-
-
4 197
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
65 280
Employee
37 800
-
187 175
-
health
4 328
-
21 431
-
income
5 186
-
45 157
-
pensions
4 256
-
7 696
-
total
13 770
-
74 284
-
Employer
37 800
-
187 175
-
accident
631
-
3 126
-
unemployment
926
-
4 586
-
pensions
6 146
-
11 114
-
total
7 703
-
18 826
-
Corporate
160 496
206 000
-
-
income

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

144 447
185 400
-
-
total
144 447
185 400
-
-
Dividends
16 050
20 600
-
-
withholding
3 049
3 914
-
-
total
3 049
3 914
-
-
Income
206 000
206 000
206 000
206 000
Total tax
168 969
189 314
93 110
65 280
After tax
37 031
16 686
112 890
140 720
Living cost
24 030
24 030
24 030
24 030
Free-cash
13 001
-7 344
88 860
116 690

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
₽143895
₽154910
₽113338
₽135632
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
206 000
work injury
-
-
-
811
health insurance
-
-
-
11 998
income
-
-
-
34 379
pensions
-
-
-
29 833
unemployment
-
-
-
1 946
total
-
-
-
78 967
Employee

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

21 911
-
206 000
-
work injury
110
-
405
-
income
2 191
-
34 379
-
pensions
4 032
-
14 917
-
health insurance
1 621
-
5 999
-
unemployment
263
-
973
-
total
8 217
-
56 673
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
184 089
206 000
-
-
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%.

1 841
20 600
-
-
total
1 841
20 600
-
-
Dividends
182 248
185 400
-
-
withholding
27 337
27 810
-
-
total
27 337
27 810
-
-
Income
206 000
206 000
206 000
206 000
Total tax
37 395
48 410
56 673
78 967
After tax
168 605
157 590
149 327
127 033
Living cost
13 695
13 695
13 695
13 695
Free-cash
154 910
143 895
135 632
113 338

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
₽68029
₽63408
₽54904
₽46446
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
206 000
municipal
-
-
-
1 396
regional
-
-
-
4 827
national
-
-
-
53 544
social contributions
-
-
-
50 852
total
-
-
-
110 619
Employee
85 618
-
206 000
-
social contributions
28 870
-
66 669
-
regional
1 293
-
4 306
-
municipal
511
-
1 253
-
national
14 469
-
46 849
-
total
45 143
-
119 077
-
Employer
85 618
-
206 000
-
total
-
-
-
-
Corporate
120 382
206 000
-
-
nationa
28 891
49 441
-
-
municipal
5 802
9 930
-
-
total
34 693
59 371
-
-
Dividends
85 690
146 629
-
-
withholding
22 279
38 123
-
-
total
22 279
38 123
-
-
Income
206 000
206 000
206 000
206 000
Total tax
102 115
97 494
119 077
110 619
After tax
103 885
108 506
86 923
95 381
Living cost
40 476
40 476
40 476
40 476
Free-cash
63 408
68 029
46 446
54 904

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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