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
₽ 207000
per

Your estimated
City
free-cash

Dresden , Germany
₽73932
₽85040
₽73444
₽98692
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
207 000
trade
-
-
-
25 248
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.

-
-
-
67 320
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.

-
-
-
6 862
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.

-
-
-
3 702
total
-
-
-
103 132
Employee

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

38 418
-
207 000
-
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.

6 862
-
6 862
-
surtax

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

59
-
3 702
-
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.

1 073
-
67 320
-
total
7 994
-
77 884
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
168 582
207 000
-
-
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.

1 391
1 708
-
-
income
25 288
31 050
-
-
trade
26 552
32 602
-
-
chamber of commerce
395
450
-
-
total
53 626
65 810
-
-
Dividends
114 956
141 190
-
-
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.

1 559
1 919
-
-
withholding
28 357
34 916
-
-
total
29 916
36 835
-
-
Income
207 000
207 000
207 000
207 000
Total tax
91 536
102 645
77 884
103 132
After tax
115 464
104 355
129 116
103 868
Living cost
30 423
30 423
30 423
30 423
Free-cash
85 040
73 932
98 692
73 444

Estimated living cost  is ₽30423 per week

₽19137
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3547
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽568
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7171
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78485
₽77642
₽68536
₽69646
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
207 000
municipal
-
-
-
22 895
pensions
-
-
-
24 840
national
-
-
-
37 821
social contributions
-
-
-
2 225
total
-
-
-
87 781
Employee
78 568
-
178 950
-
municipal
9 704
-
23 697
-
pensions
3 143
-
7 158
-
national
15 038
-
39 576
-
total
27 885
-
70 431
-
Employer
78 568
-
178 950
-
social contributions
845
-
1 924
-
pensions
6 285
-
14 316
-
total
7 130
-
16 240
-
Corporate
116 117
207 000
-
-
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%.

23 223
41 400
-
-
total
23 223
41 400
-
-
Dividends
92 893
165 600
-
-
withholding
20 437
36 432
-
-
total
20 437
36 432
-
-
Income
207 000
207 000
207 000
207 000
Total tax
78 675
77 832
86 671
87 781
After tax
128 325
129 168
120 329
119 219
Living cost
50 683
50 683
50 683
50 683
Free-cash
77 642
78 485
69 646
68 536

Estimated living cost  is ₽50683 per week

₽34449
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4711
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽759
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10764
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽144702
₽136464
₽53118
₽68103
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
207 000
microenterprise
-
-
-
-
income
-
-
-
41 715
surtax
-
-
-
52 786
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.

-
-
-
38 484
total
-
-
-
132 985
Employee
29 350
-
160 506
-
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.

3 229
-
13 167
-
surtax
-
-
23 274
-
income
5 225
-
35 066
-
total
8 454
-
71 507
-
Employer
29 350
-
160 506
-
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.

7 070
-
28 837
-
surtax
-
-
17 656
-
total
7 070
-
46 493
-
Corporate
170 580
207 000
-
-
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%.

34 115
41 401
-
-
total
34 115
41 401
-
-
Dividends

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

136 465
165 599
-
-
total
-
-
-
-
Income
207 000
207 000
207 000
207 000
Total tax
49 639
41 401
118 000
132 985
After tax
157 361
165 599
89 000
74 015
Living cost
20 897
20 897
20 897
20 897
Free-cash
136 464
144 702
68 103
53 118

Estimated living cost  is ₽20897 per week

₽13331
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1990
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.
₽5101
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60856
₽54704
₽70112
₽90344
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
207 000
income
-
-
-
70 657
pensions
-
-
-
11 768
health
-
-
-
12 386
total
-
-
-
94 811
Employee
85 775
85 775
188 334
-
health
13 165
11 198
12 386
-
income

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

14 040
14 040
31 759
-
pensions
15 439
11 768
11 768
-
total
42 644
37 006
55 913
-
Employer
85 775
85 775
188 334
-
unemployment
3 088
3 088
3 837
-
pensions
5 970
5 970
7 420
-
health
5 962
5 962
7 409
-
total
15 020
15 020
18 666
-
Corporate
107 257
106 205
-
-
income
21 451
21 242
-
-
total
21 451
21 242
-
-
Dividends
85 806
84 964
-
-
income
18 234
18 055
-
-
withholding
12 870
12 744
-
-
total
31 104
30 799
-
-
Income
207 000
207 000
207 000
207 000
Total tax
110 219
104 067
74 579
94 811
After tax
96 781
102 933
132 421
112 189
Living cost
42 077
42 077
42 077
42 077
Free-cash
54 704
60 856
90 344
70 112

Estimated living cost  is ₽42077 per week

₽29819
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3793
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽669
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7796
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74061
₽73187
₽65173
₽64228
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
207 000
municipal
-
-
-
54 351
accident
-
-
-
171
pensions
-
-
-
9 231
other
-
-
-
9 922
unemployment
-
-
-
85
health
-
-
-
5 328
national
-
-
-
23 778
total
-
-
-
102 866
Employee
55 516
-
180 171
-
municipal
16 555
-
53 727
-
national
-
-
23 255
-
total
16 555
-
76 982
-
Employer
55 516
-
180 171
-
accident
111
-
171
-
other
6 451
-
9 922
-
unemployment
1 466
-
2 254
-
pensions
6 001
-
9 231
-
health
3 414
-
5 251
-
total
17 443
-
26 829
-
Corporate
134 041
207 000
-
-
income
29 489
45 540
-
-
total
29 489
45 540
-
-
Dividends
104 552
161 460
-
-
withholding
31 365
48 438
-
-
total
31 365
48 438
-
-
Income
207 000
207 000
207 000
207 000
Total tax
94 852
93 978
103 811
102 866
After tax
112 148
113 022
103 189
104 134
Living cost
38 961
38 961
38 961
38 961
Free-cash
73 187
74 061
64 228
65 173

Estimated living cost  is ₽38961 per week

₽25822
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3823
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.
₽8725
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63833
₽77945
₽63289
₽89658
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
207 000
trade
-
-
-
26 369
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.

-
-
-
67 320
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.

-
-
-
6 862
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.

-
-
-
3 702
total
-
-
-
104 253
Employee

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

50 937
-
207 000
-
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.

6 862
-
6 862
-
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.

240
-
3 702
-
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.

4 376
-
67 320
-
total
11 478
-
77 884
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
156 063
207 000
-
-
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.

1 287
1 708
-
-
income
23 409
31 050
-
-
trade
25 673
34 051
-
-
chamber of commerce
374
446
-
-
total
50 743
67 255
-
-
Dividends
105 321
139 745
-
-
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.

1 428
1 900
-
-
withholding
25 948
34 554
-
-
total
27 376
36 454
-
-
Income
207 000
207 000
207 000
207 000
Total tax
89 597
103 709
77 884
104 253
After tax
117 403
103 291
129 116
102 747
Living cost
39 458
39 458
39 458
39 458
Free-cash
77 945
63 833
89 658
63 289

Estimated living cost  is ₽39458 per week

₽26390
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4161
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽589
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8318
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽118330
₽114166
₽107401
₽105660
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
207 000
income
-
-
-
45 491
health
-
-
-
5 278
social contributions
-
-
-
16 251
total
-
-
-
67 020
Employee
77 236
77 236
194 751
-
social contributions
3 753
6 410
8 646
-
health
768
1 313
3 311
-
income
8 110
7 150
44 555
-
total
12 631
14 873
56 512
-
Employer
77 236
77 236
194 751
-
social contributions
3 753
6 410
8 646
-
health
837
1 430
3 603
-
total
4 590
7 840
12 249
-
Corporate
157 200
121 924
-
-
income
19 650
15 241
-
-
total
19 650
15 241
-
-
Dividends
137 549
106 683
-
-
withholding
23 384
18 137
-
-
total
23 384
18 137
-
-
Income
207 000
207 000
207 000
207 000
Total tax
60 255
56 091
68 761
67 020
After tax
146 745
150 909
138 239
139 980
Living cost
32 579
32 579
32 579
32 579
Free-cash
114 166
118 330
105 660
107 401

Estimated living cost  is ₽32579 per week

₽22271
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2545
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7217
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97987
₽98368
₽125167
₽101768
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
207 000
income
-
-
-
25 306
pensions
-
-
-
20 700
unemployment
-
-
-
3 105
health
-
-
-
14 490
total
-
-
-
63 601
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.

26 319
10 475
173 222
-
health
1 842
733
12 126
-
income
3 217
1 281
21 176
-
pensions
2 632
1 047
17 322
-
unemployment
395
157
2 598
-
total
8 086
3 218
53 222
-
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.

26 319
10 475
173 222
-
pensions
5 132
2 043
33 778
-
total
5 132
2 043
33 778
-
Corporate
175 549
194 483
-
-
income
15 799
17 503
-
-
total
15 799
17 503
-
-
Dividends
159 749
176 979
-
-
social contributions
31 031
34 391
-
-
withholding
30 352
33 626
-
-
total
61 383
68 017
-
-
Income
207 000
207 000
207 000
207 000
Total tax
90 400
90 781
87 000
63 601
After tax
116 600
116 219
120 000
143 399
Living cost
18 232
18 232
18 232
18 232
Free-cash
98 368
97 987
101 768
125 167

Estimated living cost  is ₽18232 per week

₽12442
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1492
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽364
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3934
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽141338
₽135099
₽86690
₽95052
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
207 000
income
-
-
-
27 738
pensions
-
-
-
41 401
health
-
-
-
26 910
total
-
-
-
96 049
Employee
28 494
-
154 708
-
income
3 208
-
29 827
-
pensions
570
-
3 094
-
unemployment
456
-
2 476
-
total
4 234
-
35 397
-
Employer
28 494
-
154 708
-
unemployment
229
-
1 237
-
pensions
5 699
-
30 942
-
health
3 704
-
20 111
-
total
9 632
-
52 290
-
Corporate
168 874
207 000
-
-
income
33 774
41 401
-
-
total
33 774
41 401
-
-
Dividends
135 100
165 599
-
-
total
-
-
-
-
Income
207 000
207 000
207 000
207 000
Total tax
47 640
41 401
87 687
96 049
After tax
159 360
165 599
119 313
110 951
Living cost
24 261
24 261
24 261
24 261
Free-cash
135 099
141 338
95 052
86 690

Estimated living cost  is ₽24261 per week

₽16640
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1445
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5688
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5277
₽13385
₽119353
₽91466
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
207 000
accident
-
-
-
253
income
-
-
-
58 625
pensions
-
-
-
4 169
other
-
-
-
371
health
-
-
-
2 185
total
-
-
-
65 603
Employee
34 676
-
188 207
-
health
3 970
-
21 550
-
income
4 757
-
45 502
-
pensions
3 905
-
7 645
-
total
12 632
-
74 697
-
Employer
34 676
-
188 207
-
accident
579
-
3 143
-
unemployment
850
-
4 611
-
pensions
5 639
-
11 039
-
total
7 068
-
18 793
-
Corporate
165 257
207 000
-
-
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.

148 731
186 300
-
-
total
148 731
186 300
-
-
Dividends
16 526
20 700
-
-
withholding
3 140
3 933
-
-
total
3 140
3 933
-
-
Income
207 000
207 000
207 000
207 000
Total tax
171 571
190 233
93 490
65 603
After tax
35 429
16 767
113 510
141 397
Living cost
22 044
22 044
22 044
22 044
Free-cash
13 385
-5 277
91 466
119 353

Estimated living cost  is ₽22044 per week

₽16156
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1221
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4207
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽187550
₽185844
₽195830
₽156500
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
207 000
microenterprise

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

-
-
-
2 070
total
-
-
-
2 070
Employee
11 374
-
207 000
-
income
2 275
-
41 400
-
total
2 275
-
41 400
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

195 626
207 000
-
-
total
-
-
-
-
Dividends
195 626
207 000
-
-
withholding
9 781
10 350
-
-
total
9 781
10 350
-
-
Income
207 000
207 000
207 000
207 000
Total tax
12 056
10 350
41 400
2 070
After tax
194 944
196 650
165 600
204 930
Living cost
9 100
9 100
9 100
9 100
Free-cash
185 844
187 550
156 500
195 830

Estimated living cost  is ₽9100 per week

₽5639
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽756
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽250
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2454
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽125319
₽118535
₽94760
₽93005
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
207 000
income
-
-
-
34 842
pensions

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

-
-
-
36 658
other
-
-
-
7 255
health
-
-
-
6 721
total
-
-
-
85 476
Employee
36 470
-
168 384
-
health
511
-
2 139
-
income
6 279
-
34 257
-
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.

2 552
-
10 691
-
unemployment
364
-
1 527
-
total
9 706
-
48 614
-
Employer
36 470
-
168 384
-
accident
292
-
1 348
-
other
1 824
-
7 636
-
unemployment
364
-
1 527
-
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.

6 201
-
25 967
-
health
511
-
2 139
-
total
9 192
-
38 617
-
Corporate
161 339
207 000
-
-
income
33 881
43 471
-
-
total
33 881
43 471
-
-
Dividends
127 458
163 529
-
-
withholding
8 922
11 446
-
-
total
8 922
11 446
-
-
Income
207 000
207 000
207 000
207 000
Total tax
61 701
54 917
87 231
85 476
After tax
145 299
152 083
119 769
121 524
Living cost
26 764
26 764
26 764
26 764
Free-cash
118 535
125 319
93 005
94 760

Estimated living cost  is ₽26764 per week

₽18910
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1807
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽431
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5615
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65135
₽73214
₽67892
₽49325
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
207 000
income
-
-
-
62 375
pensions
-
-
-
9 632
total
-
-
-
72 007
Employee
94 938
-
180 546
-
health
1 564
-
2 499
-
income
17 114
-
49 995
-
pensions
9 159
-
11 627
-
total
27 837
-
64 121
-
Employer
94 938
-
180 546
-
pensions
11 209
-
23 024
-
health
1 803
-
3 429
-
total
13 012
-
26 453
-
Corporate
99 050
207 000
-
-
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.

18 819
39 329
-
-
total
18 819
39 329
-
-
Dividends
80 231
167 671
-
-
withholding
7 017
35 435
-
-
total
7 017
35 435
-
-
Income
207 000
207 000
207 000
207 000
Total tax
66 685
74 764
90 574
72 007
After tax
140 315
132 236
116 426
134 993
Living cost
67 101
67 101
67 101
67 101
Free-cash
73 214
65 135
49 325
67 892

Estimated living cost  is ₽67101 per week

₽50280
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7884
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽546
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8392
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽163817
₽159153
₽153416
₽161858
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
207 000
income
-
-
-
31 050
pensions

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

-
-
-
5 192
unemployment
-
-
-
140
health
-
-
-
4 034
total
-
-
-
40 416
Employee
17 436
-
200 117
-
health
802
-
1 614
-
accident

We are using the highest rate at 1.1%.

192
-
386
-
income
1 743
-
20 011
-
pensions

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

1 531
-
3 080
-
total
4 268
-
25 091
-
Employer
17 436
-
200 117
-
accident

We are using the highest rate at 1.1%.

192
-
386
-
unemployment
104
-
210
-
pensions

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

1 922
-
3 866
-
health
1 203
-
2 421
-
total
3 421
-
6 883
-
Corporate
186 143
207 000
-
-
income
18 614
20 700
-
-
total
18 614
20 700
-
-
Dividends
167 529
186 300
-
-
withholding
8 376
9 315
-
-
total
8 376
9 315
-
-
Income
207 000
207 000
207 000
207 000
Total tax
34 679
30 015
31 974
40 416
After tax
172 321
176 985
175 026
166 584
Living cost
13 168
13 168
13 168
13 168
Free-cash
159 153
163 817
161 858
153 416

Estimated living cost  is ₽13168 per week

₽7687
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽940
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽349
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4191
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47236
₽49761
₽56492
₽76724
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
207 000
income
-
-
-
70 657
pensions
-
-
-
11 768
health
-
-
-
12 386
total
-
-
-
94 811
Employee
93 124
85 775
188 334
-
health
11 618
11 198
12 386
-
income

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

14 040
14 040
31 759
-
pensions
11 768
11 768
11 768
-
total
37 426
37 006
55 913
-
Employer
93 124
85 775
188 334
-
unemployment
3 353
3 088
3 837
-
pensions
6 481
5 970
7 420
-
health
6 471
5 962
7 409
-
total
16 305
15 020
18 666
-
Corporate
97 571
106 205
-
-
income
19 515
21 242
-
-
total
19 515
21 242
-
-
Dividends
78 057
84 964
-
-
income
16 587
18 055
-
-
withholding
11 709
12 744
-
-
total
28 296
30 799
-
-
Income
207 000
207 000
207 000
207 000
Total tax
101 542
104 067
74 579
94 811
After tax
105 458
102 933
132 421
112 189
Living cost
55 697
55 697
55 697
55 697
Free-cash
49 761
47 236
76 724
56 492

Estimated living cost  is ₽55697 per week

₽41086
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4975
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽639
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8999
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽118500
₽109931
₽96969
₽88078
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
207 000
income
-
-
-
21 674
health
-
-
-
27 945
solidarity contribution
-
-
-
1 828
social contributions
-
-
-
34 564
total
-
-
-
86 011
Employee
35 324
-
162 759
-
social contributions
2 296
-
7 694
-
health
4 769
-
21 972
-
solidarity contribution
-
-
1 031
-
income
4 239
-
19 964
-
total
11 304
-
50 661
-
Employer
35 324
-
162 759
-
social contributions
8 831
-
29 593
-
health
3 179
-
14 648
-
total
12 010
-
44 241
-
Corporate
159 666
207 000
-
-
income
30 336
39 330
-
-
total
30 336
39 330
-
-
Dividends
129 329
167 670
-
-
withholding
19 399
25 150
-
-
total
19 399
25 150
-
-
Income
207 000
207 000
207 000
207 000
Total tax
73 049
64 480
94 902
86 011
After tax
133 951
142 520
112 098
120 989
Living cost
24 020
24 020
24 020
24 020
Free-cash
109 931
118 500
88 078
96 969

Estimated living cost  is ₽24020 per week

₽16685
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1709
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5154
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68059
₽62813
₽56187
₽47637
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
207 000
municipal
-
-
-
1 254
regional
-
-
-
2 528
national
-
-
-
54 375
social contributions
-
-
-
50 272
total
-
-
-
108 429
Employee
89 268
-
207 000
-
social contributions
30 101
-
65 907
-
regional
842
-
2 255
-
municipal
473
-
1 128
-
national
15 468
-
47 689
-
total
46 884
-
116 979
-
Employer
89 268
-
207 000
-
total
-
-
-
-
Corporate
117 732
207 000
-
-
nationa
28 256
49 681
-
-
municipal
4 592
8 072
-
-
total
32 848
57 753
-
-
Dividends
84 884
149 247
-
-
withholding
22 071
38 804
-
-
total
22 071
38 804
-
-
Income
207 000
207 000
207 000
207 000
Total tax
101 803
96 557
116 979
108 429
After tax
105 197
110 443
90 021
98 571
Living cost
42 384
42 384
42 384
42 384
Free-cash
62 813
68 059
47 637
56 187

Estimated living cost  is ₽42384 per week

₽29545
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2779
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽650
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9409
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽108039
₽104912
₽75393
₽69252
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
207 000
income
-
-
-
62 595
pensions
-
-
-
26 811
other
-
-
-
-
unemployment
-
-
-
229
health
-
-
-
9 517
surtax
-
-
-
10 291
total
-
-
-
109 443
Employee
33 216
-
178 782
-
other
-
-
-
-
health
848
-
3 418
-
surtax
109
-
9 088
-
income
5 568
-
56 587
-
pensions
2 215
-
8 942
-
unemployment
2 312
-
9 330
-
total
11 052
-
87 365
-
Employer
33 216
-
178 782
-
other
-
-
-
-
unemployment
1 052
-
4 249
-
pensions
4 428
-
17 870
-
health
1 512
-
6 100
-
total
6 992
-
28 219
-
Corporate
166 792
207 000
-
-
income
43 366
53 821
-
-
total
43 366
53 821
-
-
Dividends
123 427
153 179
-
-
withholding
18 514
22 976
-
-
total
18 514
22 976
-
-
Income
207 000
207 000
207 000
207 000
Total tax
79 924
76 797
115 584
109 443
After tax
127 076
130 203
91 416
97 557
Living cost
22 164
22 164
22 164
22 164
Free-cash
104 912
108 039
69 252
75 393

Estimated living cost  is ₽22164 per week

₽13552
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2045
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6056
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86394
₽93021
₽89151
₽70584
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
207 000
income
-
-
-
62 375
pensions
-
-
-
9 632
total
-
-
-
72 007
Employee
63 625
-
180 546
-
health
924
-
2 499
-
income
11 459
-
49 995
-
pensions
5 400
-
11 627
-
total
17 783
-
64 121
-
Employer
63 625
-
180 546
-
pensions
6 887
-
23 024
-
health
1 209
-
3 429
-
total
8 096
-
26 453
-
Corporate
135 279
207 000
-
-
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.

25 702
39 329
-
-
total
25 702
39 329
-
-
Dividends
109 577
167 671
-
-
withholding
16 556
35 435
-
-
total
16 556
35 435
-
-
Income
207 000
207 000
207 000
207 000
Total tax
68 137
74 764
90 574
72 007
After tax
138 863
132 236
116 426
134 993
Living cost
45 842
45 842
45 842
45 842
Free-cash
93 021
86 394
70 584
89 151

Estimated living cost  is ₽45842 per week

₽34344
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3436
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽479
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7581
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽18263
₽50952
₽88788
₽80538
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
207 000
city
-
-
-
2 182
pensions
-
-
-
19 044
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.

-
-
-
4 140
regional
-
-
-
11 196
health
-
-
-
465
national
-
-
-
4 791
total
-
-
-
41 818
Employee
89 401
-
185 902
-
city
959
-
2 005
-
regional
2 927
-
9 861
-
health
202
-
418
-
pensions
7 511
-
14 918
-
unemployment
-
-
-
-
national
423
-
3 812
-
total
12 022
-
31 014
-
Employer
89 401
-
185 902
-
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.

1 787
-
3 718
-
unemployment
-
-
-
-
pensions
7 511
-
14 918
-
health
202
-
418
-
total
9 500
-
19 054
-
Corporate
107 116
207 000
-
-
regional
22 654
43 780
-
-
national
9 104
17 594
-
-
total
31 758
61 374
-
-
Dividends
75 357
145 626
-
-
withholding
26 374
50 969
-
-
total
26 374
50 969
-
-
Income
207 000
207 000
207 000
207 000
Total tax
79 654
112 343
50 068
41 818
After tax
127 346
94 657
156 932
165 182
Living cost
76 394
76 394
76 394
76 394
Free-cash
50 952
18 263
80 538
88 788

Estimated living cost  is ₽76394 per week

₽49678
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6856
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽938
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18922
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽56210
₽72501
₽55610
₽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

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

-
-
-
207 000
trade
-
-
-
27 492
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.

-
-
-
67 320
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.

-
-
-
6 862
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.

-
-
-
3 702
total
-
-
-
105 376
Employee

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

60 365
-
207 000
-
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.

6 862
-
6 862
-
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.

391
-
3 702
-
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.

7 098
-
67 320
-
total
14 351
-
77 884
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
146 635
207 000
-
-
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.

1 210
1 708
-
-
income
21 995
31 050
-
-
trade
25 147
35 501
-
-
chamber of commerce
358
444
-
-
total
48 710
68 703
-
-
Dividends
97 925
138 296
-
-
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.

1 325
1 881
-
-
withholding
24 099
34 192
-
-
total
25 424
36 073
-
-
Income
207 000
207 000
207 000
207 000
Total tax
88 485
104 776
77 884
105 376
After tax
118 515
102 224
129 116
101 624
Living cost
46 014
46 014
46 014
46 014
Free-cash
72 501
56 210
83 102
55 610

Estimated living cost  is ₽46014 per week

₽33607
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3681
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽599
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8130
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69963
₽75896
₽80552
₽75698
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
207 000
income
-
-
-
36 032
pensions
-
-
-
34 045
other
-
-
-
6 418
health
-
-
-
9 691
surtax
-
-
-
-
social contributions
-
-
-
5 897
total
-
-
-
92 083
Employee
42 988
-
158 716
-
social contributions
1 226
-
4 521
-
surtax
-
-
-
-
income
2 537
-
32 489
-
pensions
4 861
-
11 652
-
total
8 624
-
48 662
-
Employer
42 988
-
158 716
-
other
1 483
-
6 453
-
social contributions
130
-
477
-
unemployment
1 740
-
6 427
-
pensions
7 062
-
19 504
-
health
3 010
-
15 414
-
total
13 425
-
48 275
-
Corporate
150 587
207 000
-
-
surtax
-
-
-
-
income
42 165
57 961
-
-
total
42 165
57 961
-
-
Dividends
108 422
149 039
-
-
surtax
-
-
-
-
social contributions
18 647
25 635
-
-
withholding
13 878
19 076
-
-
total
32 525
44 711
-
-
Income
207 000
207 000
207 000
207 000
Total tax
96 739
102 672
96 937
92 083
After tax
110 261
104 328
110 063
114 917
Living cost
34 365
34 365
34 365
34 365
Free-cash
75 896
69 963
75 698
80 552

Estimated living cost  is ₽34365 per week

₽21669
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2794
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽585
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9319
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73368
₽78948
₽83957
₽79103
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
207 000
income
-
-
-
36 032
pensions
-
-
-
34 045
other
-
-
-
6 418
health
-
-
-
9 691
surtax
-
-
-
-
social contributions
-
-
-
5 897
total
-
-
-
92 083
Employee
38 373
-
158 716
-
social contributions
1 094
-
4 521
-
surtax
-
-
-
-
income
1 979
-
32 489
-
pensions
4 340
-
11 652
-
total
7 413
-
48 662
-
Employer
38 373
-
158 716
-
other
1 325
-
6 453
-
social contributions
114
-
477
-
unemployment
1 553
-
6 427
-
pensions
6 305
-
19 504
-
health
2 686
-
15 414
-
total
11 983
-
48 275
-
Corporate
156 643
207 000
-
-
surtax
-
-
-
-
income
43 859
57 961
-
-
total
43 859
57 961
-
-
Dividends
112 784
149 039
-
-
surtax
-
-
-
-
social contributions
19 400
25 635
-
-
withholding
14 437
19 076
-
-
total
33 837
44 711
-
-
Income
207 000
207 000
207 000
207 000
Total tax
97 092
102 672
96 937
92 083
After tax
109 908
104 328
110 063
114 917
Living cost
30 960
30 960
30 960
30 960
Free-cash
78 948
73 368
79 103
83 957

Estimated living cost  is ₽30960 per week

₽17956
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3145
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽587
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9273
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽104991
₽105512
₽111636
₽106483
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
207 000
income
-
-
-
31 050
health
-
-
-
14 448
social contributions
-
-
-
28 567
total
-
-
-
74 065
Employee
34 056
-
207 000
-
social contributions
4 700
-
28 567
-
health
2 377
-
14 448
-
income
5 680
-
36 203
-
total
12 757
-
79 218
-
Employer
34 056
-
207 000
-
total
-
-
-
-
Corporate
172 944
207 000
-
-
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%.

8 648
10 350
-
-
total
8 648
10 350
-
-
Dividends
164 296
196 650
-
-
health
11 467
13 726
-
-
social contributions
22 673
27 137
-
-
withholding
24 644
29 497
-
-
total
58 784
70 360
-
-
Income
207 000
207 000
207 000
207 000
Total tax
80 189
80 710
79 218
74 065
After tax
126 811
126 290
127 782
132 935
Living cost
21 299
21 299
21 299
21 299
Free-cash
105 512
104 991
106 483
111 636

Estimated living cost  is ₽21299 per week

₽14254
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1313
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.
₽5240
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78854
₽77298
₽70933
₽19076
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
207 000
chamber of commerce
-
-
-
827
income
-
-
-
62 804
pensions
-
-
-
21 709
unemployment
-
-
-
6 161
health
-
-
-
8 976
surtax
-
-
-
198
total
-
-
-
100 675
Employee
50 197
40 028
169 242
-
other
501
400
1 174
-
health
1 942
1 550
4 540
-
income
5 715
2 953
52 164
-
pensions
5 141
4 098
12 016
-
unemployment
1 506
1 201
3 521
-
total
14 805
10 202
73 415
-
Employer
50 197
40 028
169 242
-
accident
652
520
1 525
-
other
2 385
1 900
7 598
-
chamber of commerce
200
160
677
-
unemployment
1 506
1 201
3 521
-
surtax
198
198
198
-
pensions
6 300
5 024
14 727
-
payroll
1 506
1 201
5 078
-
health
1 897
1 513
4 436
-
total
14 644
11 717
37 760
-
Corporate
142 160
155 253
165 430
-
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.

35 539
38 814
41 357
-
total
35 539
38 814
41 357
-
Dividends
106 621
116 439
-
-
withholding
29 322
32 021
-
-
total
29 322
32 021
-
-
Income
207 000
207 000
207 000
207 000
Total tax
94 310
92 754
152 532
100 675
After tax
112 690
114 246
54 468
106 325
Living cost
35 392
35 392
35 392
35 392
Free-cash
77 298
78 854
19 076
70 933

Estimated living cost  is ₽35392 per week

₽23605
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3019
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽581
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8187
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78030
₽64019
₽53314
₽34579
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
207 000
national
-
-
-
81 103
communal

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

-
-
-
10 918
social contributions
-
-
-
25 042
total
-
-
-
117 063
Employee

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

71 848
-
160 329
-
communal

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

3 747
-
8 362
-
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.

3 376
-
7 535
-
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.

5 389
-
12 026
-
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.

625
-
1 395
-
national
22 089
-
59 812
-
total
35 226
-
89 130
-
Employer

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

71 848
-
160 329
-
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.

934
-
2 083
-
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.

1 048
-
2 341
-
surtax
8 147
-
18 180
-
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.

6 366
-
14 204
-
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.

4 418
-
9 860
-
total
20 913
-
46 668
-
Corporate
114 238
207 000
-
-
surtax
457
858
-
-
income
22 848
42 876
-
-
total
23 305
43 734
-
-
Dividends
90 932
163 266
-
-
withholding

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

26 914
48 613
-
-
total
26 914
48 613
-
-
Income
207 000
207 000
207 000
207 000
Total tax
106 358
92 347
135 798
117 063
After tax
100 642
114 653
71 202
89 937
Living cost
36 623
36 623
36 623
36 623
Free-cash
64 019
78 030
34 579
53 314

Estimated living cost  is ₽36623 per week

₽23590
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3202
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9258
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽101342
₽94461
₽79558
₽75344
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
207 000
accident
-
-
-
839
income
-
-
-
63 238
pensions
-
-
-
26 346
other
-
-
-
93
unemployment
-
-
-
652
total
-
-
-
91 168
Employee
49 998
-
177 320
-
other
50
-
93
-
income
10 549
-
59 790
-
pensions
2 350
-
4 376
-
unemployment
776
-
1 443
-
total
13 725
-
65 702
-
Employer
49 998
-
177 320
-
accident
989
-
1 843
-
other
398
-
745
-
unemployment
2 751
-
5 120
-
pensions
11 799
-
21 972
-
total
15 937
-
29 680
-
Corporate
141 065
207 000
-
-
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.

21 160
31 050
-
-
total
21 160
31 050
-
-
Dividends
119 905
175 950
-
-
withholding
25 443
38 334
-
-
total
25 443
38 334
-
-
Income
207 000
207 000
207 000
207 000
Total tax
76 265
69 384
95 382
91 168
After tax
130 735
137 616
111 618
115 832
Living cost
36 274
36 274
36 274
36 274
Free-cash
94 461
101 342
75 344
79 558

Estimated living cost  is ₽36274 per week

₽26712
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2573
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6466
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64149
₽50489
₽44388
₽52645
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
207 000
accident
-
-
-
1 746
income
-
-
-
37 365
pensions
-
-
-
31 028
health
-
-
-
14 544
surtax
-
-
-
10 262
communal
-
-
-
13 082
total
-
-
-
108 027
Employee
76 065
-
184 903
-
health
3 385
-
8 229
-
surtax
4 662
-
11 332
-
income
7 347
-
43 323
-
pensions
6 084
-
14 791
-
total
21 478
-
77 675
-
Employer
76 065
-
184 903
-
accident
684
-
1 664
-
pensions
6 084
-
14 791
-
health
2 320
-
5 640
-
total
9 088
-
22 095
-
Corporate
121 847
207 000
-
-
surtax
1 279
2 173
-
-
communal
8 225
13 972
-
-
income
18 278
31 050
-
-
total
27 782
47 195
-
-
Dividends
94 065
159 805
-
-
income
29 469
17 100
-
-
withholding
14 109
23 971
-
-
total
43 578
41 071
-
-
Income
207 000
207 000
207 000
207 000
Total tax
101 926
88 266
99 770
108 027
After tax
105 074
118 734
107 230
98 973
Living cost
54 585
54 585
54 585
54 585
Free-cash
50 489
64 149
52 645
44 388

Estimated living cost  is ₽54585 per week

₽40947
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3307
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.
₽9752
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽107642
₽104448
₽74996
₽68855
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
207 000
income
-
-
-
62 595
pensions
-
-
-
26 811
other
-
-
-
-
unemployment
-
-
-
229
health
-
-
-
9 517
surtax
-
-
-
10 291
total
-
-
-
109 443
Employee
33 826
-
178 782
-
other
-
-
-
-
health
863
-
3 418
-
surtax
120
-
9 088
-
income
5 671
-
56 587
-
pensions
2 257
-
8 942
-
unemployment
2 354
-
9 330
-
total
11 265
-
87 365
-
Employer
33 826
-
178 782
-
other
-
-
-
-
unemployment
1 073
-
4 249
-
pensions
4 510
-
17 870
-
health
1 538
-
6 100
-
total
7 121
-
28 219
-
Corporate
166 053
207 000
-
-
income
43 173
53 821
-
-
total
43 173
53 821
-
-
Dividends
122 880
153 179
-
-
withholding
18 432
22 976
-
-
total
18 432
22 976
-
-
Income
207 000
207 000
207 000
207 000
Total tax
79 991
76 797
115 584
109 443
After tax
127 009
130 203
91 416
97 557
Living cost
22 561
22 561
22 561
22 561
Free-cash
104 448
107 642
68 855
74 996

Estimated living cost  is ₽22561 per week

₽13621
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1961
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6456
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81746
₽79518
₽70860
₽62355
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
207 000
municipal
-
-
-
1 254
regional
-
-
-
3 182
national
-
-
-
54 375
social contributions
-
-
-
50 272
total
-
-
-
109 083
Employee
55 717
-
207 000
-
social contributions
18 788
-
65 907
-
regional
750
-
2 864
-
municipal
295
-
1 128
-
national
8 827
-
47 689
-
total
28 660
-
117 588
-
Employer
55 717
-
207 000
-
total
-
-
-
-
Corporate
151 283
207 000
-
-
nationa
36 307
49 681
-
-
municipal
7 520
10 287
-
-
total
43 827
59 968
-
-
Dividends
107 455
147 032
-
-
withholding
27 938
38 229
-
-
total
27 938
38 229
-
-
Income
207 000
207 000
207 000
207 000
Total tax
100 425
98 197
117 588
109 083
After tax
106 575
108 803
89 412
97 917
Living cost
27 057
27 057
27 057
27 057
Free-cash
79 518
81 746
62 355
70 860

Estimated living cost  is ₽27057 per week

₽16827
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2741
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.
₽7026
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽112921
₽102361
₽91390
₽82499
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
207 000
income
-
-
-
21 674
health
-
-
-
27 945
solidarity contribution
-
-
-
1 828
social contributions
-
-
-
34 564
total
-
-
-
86 011
Employee
43 528
-
162 759
-
social contributions
2 829
-
7 694
-
health
5 876
-
21 972
-
solidarity contribution
-
-
1 031
-
income
5 223
-
19 964
-
total
13 928
-
50 661
-
Employer
43 528
-
162 759
-
social contributions
10 882
-
29 593
-
health
3 918
-
14 648
-
total
14 800
-
44 241
-
Corporate
148 672
207 000
-
-
income
28 248
39 330
-
-
total
28 248
39 330
-
-
Dividends
120 424
167 670
-
-
withholding
18 064
25 150
-
-
total
18 064
25 150
-
-
Income
207 000
207 000
207 000
207 000
Total tax
75 040
64 480
94 902
86 011
After tax
131 960
142 520
112 098
120 989
Living cost
29 599
29 599
29 599
29 599
Free-cash
102 361
112 921
82 499
91 390

Estimated living cost  is ₽29599 per week

₽22012
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1640
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5436
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82309
₽81813
₽74478
₽22473
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
207 000
chamber of commerce
-
-
-
827
income
-
-
-
62 804
pensions
-
-
-
21 709
unemployment
-
-
-
6 161
health
-
-
-
8 976
surtax
-
-
-
-
total
-
-
-
100 477
Employee
43 907
40 028
169 425
-
other
438
400
1 174
-
health
1 698
1 550
4 540
-
income
3 911
2 953
52 252
-
pensions
4 497
4 098
12 016
-
unemployment
1 317
1 201
3 521
-
total
11 861
10 202
73 503
-
Employer
43 907
40 028
169 425
-
accident
570
520
1 525
-
other
2 085
1 900
7 605
-
chamber of commerce
175
160
679
-
unemployment
1 317
1 201
3 521
-
surtax
-
-
-
-
pensions
5 511
5 024
14 727
-
payroll
1 317
1 201
5 084
-
health
1 660
1 513
4 436
-
total
12 635
11 519
37 577
-
Corporate
150 458
155 451
165 613
-
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.

37 615
38 864
41 402
-
total
37 615
38 864
41 402
-
Dividends
112 843
116 588
-
-
withholding
31 031
32 061
-
-
total
31 031
32 061
-
-
Income
207 000
207 000
207 000
207 000
Total tax
93 142
92 646
152 482
100 477
After tax
113 858
114 354
54 518
106 523
Living cost
32 045
32 045
32 045
32 045
Free-cash
81 813
82 309
22 473
74 478

Estimated living cost  is ₽32045 per week

₽19223
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3273
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽572
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8978
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽182470
₽179811
₽190750
₽151420
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
207 000
microenterprise

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

-
-
-
2 070
total
-
-
-
2 070
Employee
17 726
-
207 000
-
income
3 545
-
41 400
-
total
3 545
-
41 400
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

189 274
207 000
-
-
total
-
-
-
-
Dividends
189 274
207 000
-
-
withholding
9 464
10 350
-
-
total
9 464
10 350
-
-
Income
207 000
207 000
207 000
207 000
Total tax
13 009
10 350
41 400
2 070
After tax
193 991
196 650
165 600
204 930
Living cost
14 180
14 180
14 180
14 180
Free-cash
179 811
182 470
151 420
190 750

Estimated living cost  is ₽14180 per week

₽9596
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽595
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽476
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3513
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽115577
₽107176
₽71161
₽66670
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
207 000
income
-
-
-
50 414
pensions
-
-
-
37 804
unemployment
-
-
-
311
health
-
-
-
20 369
total
-
-
-
108 898
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.

44 416
-
179 114
-
health
2 869
-
11 570
-
income
7 660
-
45 919
-
pensions
6 885
-
27 762
-
unemployment
63
-
252
-
total
17 477
-
85 503
-
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.

44 416
-
179 114
-
unemployment
27
-
107
-
pensions
3 930
-
15 851
-
health
2 958
-
11 928
-
total
6 915
-
27 886
-
Corporate
155 668
207 000
-
-
income
29 577
39 331
-
-
total
29 577
39 331
-
-
Dividends
126 091
167 669
-
-
withholding
18 914
25 151
-
-
total
18 914
25 151
-
-
Income
207 000
207 000
207 000
207 000
Total tax
72 883
64 482
113 389
108 898
After tax
134 117
142 518
93 611
98 102
Living cost
26 941
26 941
26 941
26 941
Free-cash
107 176
115 577
66 670
71 161

Estimated living cost  is ₽26941 per week

₽18489
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.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6204
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82375
₽34349
₽99490
₽150154
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
207 000
income
-
-
-
40 348
social contributions
-
-
-
23 598
total
-
-
-
63 946
Employee
62 465
-
-
-
social contributions
5 122
-
730
-
income
13 779
-
-
-
total
18 901
-
730
-
Employer
62 465
-
-
-
social contributions
88 076
-
12 552
-
total
88 076
-
12 552
-
Corporate
56 459
207 000
-
-
income
12 421
45 540
-
-
total
12 421
45 540
-
-
Dividends
44 038
161 460
-
-
income
9 689
35 521
-
-
total
9 689
35 521
-
-
Income
207 000
207 000
207 000
207 000
Total tax
129 087
81 061
13 282
63 946
After tax
77 913
125 939
193 718
143 054
Living cost
43 564
43 564
43 564
43 564
Free-cash
34 349
82 375
150 154
99 490

Estimated living cost  is ₽43564 per week

₽28266
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4097
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10646
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86235
₽85224
₽77422
₽61729
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
207 000
income
-
-
-
26 139
surtax
-
-
-
-
social contributions

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

-
-
-
71 933
total
-
-
-
98 072
Employee
46 196
-
167 273
-
social contributions
5 082
-
18 400
-
surtax
-
-
-
-
income
9 609
-
55 638
-
total
14 691
-
74 038
-
Employer
46 196
-
167 273
-
social contributions
10 972
-
39 727
-
total
10 972
-
39 727
-
Corporate
149 832
207 000
-
-
surtax
-
-
-
-
income
31 464
43 471
-
-
total
31 464
43 471
-
-
Dividends
118 368
163 529
-
-
withholding
33 143
45 788
-
-
total
33 143
45 788
-
-
Income
207 000
207 000
207 000
207 000
Total tax
90 270
89 259
113 765
98 072
After tax
116 730
117 741
93 235
108 928
Living cost
31 506
31 506
31 506
31 506
Free-cash
85 224
86 235
61 729
77 422

Estimated living cost  is ₽31506 per week

₽23573
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1858
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽526
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5549
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55815
₽62719
₽66404
₽61550
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
207 000
income
-
-
-
36 032
pensions
-
-
-
34 045
other
-
-
-
6 418
health
-
-
-
9 691
surtax
-
-
-
-
social contributions
-
-
-
5 897
total
-
-
-
92 083
Employee
62 910
-
158 716
-
social contributions
1 792
-
4 521
-
surtax
-
-
-
-
income
5 489
-
32 489
-
pensions
7 115
-
11 652
-
total
14 396
-
48 662
-
Employer
62 910
-
158 716
-
other
2 171
-
6 453
-
social contributions
189
-
477
-
unemployment
2 548
-
6 427
-
pensions
10 337
-
19 504
-
health
4 403
-
15 414
-
total
19 648
-
48 275
-
Corporate
124 442
207 000
-
-
surtax
-
-
-
-
income
34 844
57 961
-
-
total
34 844
57 961
-
-
Dividends
89 599
149 039
-
-
surtax
-
-
-
-
social contributions
15 411
25 635
-
-
withholding
11 469
19 076
-
-
total
26 880
44 711
-
-
Income
207 000
207 000
207 000
207 000
Total tax
95 768
102 672
96 937
92 083
After tax
111 232
104 328
110 063
114 917
Living cost
48 513
48 513
48 513
48 513
Free-cash
62 719
55 815
61 550
66 404

Estimated living cost  is ₽48513 per week

₽32833
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3969
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽665
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11046
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽156107
₽152733
₽121219
₽126720
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
207 000
income
-
-
-
10 047
social contributions
-
-
-
45 541
total
-
-
-
55 588
Employee
32 292
-
179 220
-
income
-
-
10 657
-
social contributions
2 099
-
11 650
-
total
2 099
-
22 307
-
Employer
32 292
-
179 220
-
social contributions
5 005
-
27 780
-
total
5 005
-
27 780
-
Corporate
169 703
207 000
-
-
income
16 970
20 700
-
-
total
16 970
20 700
-
-
Dividends
152 733
186 300
-
-
total
-
-
-
-
Income
207 000
207 000
207 000
207 000
Total tax
24 074
20 700
50 087
55 588
After tax
182 926
186 300
156 913
151 412
Living cost
30 193
30 193
30 193
30 193
Free-cash
152 733
156 107
126 720
121 219

Estimated living cost  is ₽30193 per week

₽19522
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2276
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽568
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7826
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽11845
-₽11845
₽71973
-₽11845
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
207 000
municipal
-
-
-
44 012
pensions
-
-
-
871
national
-
-
-
25 280
labour market
-
-
-
16 490
total
-
-
-
86 653
Employee
204 176
204 176
204 176
-
labour market
16 311
16 311
16 311
-
national
24 944
24 944
24 944
-
municipal
43 478
43 478
43 478
-
pensions
290
290
290
-
total
85 023
85 023
85 023
-
Employer
204 176
204 176
204 176
-
labour market
16 334
16 334
16 334
-
municipal
43 547
43 547
43 547
-
pensions
580
580
580
-
national
24 987
24 987
24 987
-
total
85 448
85 448
85 448
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
207 000
207 000
207 000
207 000
Total tax
170 471
170 471
170 471
86 653
After tax
36 529
36 529
36 529
120 347
Living cost
48 374
48 374
48 374
48 374
Free-cash
-11 845
-11 845
-11 845
71 973

Estimated living cost  is ₽48374 per week

₽33108
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4279
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽744
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10243
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4952
₽13436
₽119678
₽91791
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
207 000
accident
-
-
-
253
income
-
-
-
58 625
pensions
-
-
-
4 169
other
-
-
-
371
health
-
-
-
2 185
total
-
-
-
65 603
Employee
34 165
-
188 207
-
health
3 912
-
21 550
-
income
4 687
-
45 502
-
pensions
3 847
-
7 645
-
total
12 446
-
74 697
-
Employer
34 165
-
188 207
-
accident
570
-
3 143
-
unemployment
837
-
4 611
-
pensions
5 555
-
11 039
-
total
6 962
-
18 793
-
Corporate
165 872
207 000
-
-
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.

149 285
186 300
-
-
total
149 285
186 300
-
-
Dividends
16 587
20 700
-
-
withholding
3 152
3 933
-
-
total
3 152
3 933
-
-
Income
207 000
207 000
207 000
207 000
Total tax
171 845
190 233
93 490
65 603
After tax
35 155
16 767
113 510
141 397
Living cost
21 719
21 719
21 719
21 719
Free-cash
13 436
-4 952
91 791
119 678

Estimated living cost  is ₽21719 per week

₽15809
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1238
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4264
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89276
₽92383
₽90581
₽66872
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
207 000
municipal
-
-
-
36 761
health
-
-
-
2 768
national
-
-
-
38 327
total
-
-
-
77 856
Employee
52 845
-
174 141
-
health
395
-
2 263
-
municipal
8 656
-
28 351
-
pensions
3 566
-
11 755
-
unemployment
793
-
2 611
-
national
873
-
23 726
-
total
14 283
-
68 706
-
Employer
52 845
-
174 141
-
accident
53
-
173
-
unemployment
343
-
1 132
-
pensions
9 168
-
30 214
-
health
406
-
1 340
-
total
9 970
-
32 859
-
Corporate
144 184
207 000
-
-
income
28 837
41 401
-
-
total
28 837
41 401
-
-
Dividends

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

86 510
124 200
-
-
national
7 393
15 403
-
-
municipal
15 571
22 357
-
-
total
22 964
37 760
-
-
Income
207 000
207 000
207 000
207 000
Total tax
76 054
79 161
101 565
77 856
After tax
130 946
127 839
105 435
129 144
Living cost
38 563
38 563
38 563
38 563
Free-cash
92 383
89 276
66 872
90 581

Estimated living cost  is ₽38563 per week

₽25189
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3709
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽614
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9052
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽127654
₽122189
₽116725
₽114984
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
207 000
income
-
-
-
45 491
health
-
-
-
5 278
social contributions
-
-
-
16 251
total
-
-
-
67 020
Employee
77 236
77 236
194 751
-
social contributions
2 920
6 410
8 646
-
health
599
1 313
3 311
-
income
8 410
7 150
44 555
-
total
11 929
14 873
56 512
-
Employer
77 236
77 236
194 751
-
social contributions
2 920
6 410
8 646
-
health
650
1 430
3 603
-
total
3 570
7 840
12 249
-
Corporate
168 246
121 924
-
-
income
21 030
15 241
-
-
total
21 030
15 241
-
-
Dividends
147 216
106 683
-
-
withholding
25 027
18 137
-
-
total
25 027
18 137
-
-
Income
207 000
207 000
207 000
207 000
Total tax
61 556
56 091
68 761
67 020
After tax
145 444
150 909
138 239
139 980
Living cost
23 255
23 255
23 255
23 255
Free-cash
122 189
127 654
114 984
116 725

Estimated living cost  is ₽23255 per week

₽13937
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2282
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6523
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽155470
₽150361
₽159692
₽139543
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
207 000
income
-
-
-
21 308
pensions
-
-
-
6 389
unemployment
-
-
-
29
health
-
-
-
3 635
total
-
-
-
31 361
Employee

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

23 055
-
197 184
-
health
1 959
-
8 101
-
income
1 576
-
18 819
-
pensions
3 458
-
14 296
-
unemployment
114
-
477
-
total
7 107
-
41 693
-
Employer

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

23 055
-
197 184
-
unemployment
114
-
477
-
pensions
1 268
-
5 242
-
health
991
-
4 098
-
total
2 373
-
9 817
-
Corporate
181 572
207 000
-
-
income
16 341
18 630
-
-
total
16 341
18 630
-
-
Dividends
165 231
188 370
-
-
withholding
14 871
16 953
-
-
total
14 871
16 953
-
-
Income
207 000
207 000
207 000
207 000
Total tax
40 692
35 583
51 510
31 361
After tax
166 308
171 417
155 490
175 639
Living cost
15 947
15 947
15 947
15 947
Free-cash
150 361
155 470
139 543
159 692

Estimated living cost  is ₽15947 per week

₽10175
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1149
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.
₽4148
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽109995
₽105562
₽88211
₽83997
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
207 000
accident
-
-
-
839
income
-
-
-
63 238
pensions
-
-
-
26 346
other
-
-
-
93
unemployment
-
-
-
652
total
-
-
-
91 168
Employee
37 140
-
177 320
-
other
36
-
93
-
income
7 160
-
59 790
-
pensions
1 746
-
4 376
-
unemployment
576
-
1 443
-
total
9 518
-
65 702
-
Employer
37 140
-
177 320
-
accident
736
-
1 843
-
other
297
-
745
-
unemployment
2 043
-
5 120
-
pensions
8 764
-
21 972
-
total
11 840
-
29 680
-
Corporate
158 019
207 000
-
-
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.

23 702
31 050
-
-
total
23 702
31 050
-
-
Dividends
134 317
175 950
-
-
withholding
28 757
38 334
-
-
total
28 757
38 334
-
-
Income
207 000
207 000
207 000
207 000
Total tax
73 817
69 384
95 382
91 168
After tax
133 183
137 616
111 618
115 832
Living cost
27 621
27 621
27 621
27 621
Free-cash
105 562
109 995
83 997
88 211

Estimated living cost  is ₽27621 per week

₽18644
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2655
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.
₽5838
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽126418
₽125967
₽130185
₽129989
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
207 000
income
-
-
-
70 604
pensions
-
-
-
2 006
health
-
-
-
1 455
total
-
-
-
74 065
Employee
4 189
-
204 743
-
health
209
-
502
-
income
810
-
70 499
-
pensions
377
-
903
-
unemployment
42
-
100
-
total
1 438
-
72 004
-
Employer
4 189
-
204 743
-
unemployment
84
-
201
-
pensions
461
-
1 103
-
health
398
-
953
-
total
943
-
2 257
-
Corporate
201 868
207 000
-
-
income
44 411
45 540
-
-
total
44 411
45 540
-
-
Dividends
157 457
161 460
-
-
withholding
31 491
32 292
-
-
total
31 491
32 292
-
-
Income
207 000
207 000
207 000
207 000
Total tax
78 283
77 832
74 261
74 065
After tax
128 717
129 168
132 739
132 935
Living cost
2 750
2 750
2 750
2 750
Free-cash
125 967
126 418
129 989
130 185

Estimated living cost  is ₽2750 per week

₽1635
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽63
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽830
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽132187
₽127247
₽114019
₽114017
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
207 000
income
-
-
-
47 554
pensions
-
-
-
19 299
unemployment
-
-
-
1 113
health
-
-
-
7 645
total
-
-
-
75 611
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.

26 193
-
193 713
-
health
1 349
-
3 823
-
income
3 610
-
47 554
-
pensions
3 667
-
10 392
-
unemployment
196
-
557
-
total
8 822
-
62 326
-
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.

26 193
-
193 713
-
unemployment
196
-
557
-
pensions
3 143
-
8 907
-
health
1 349
-
3 823
-
total
4 688
-
13 287
-
Corporate
176 119
207 000
-
-
income
26 418
31 050
-
-
total
26 418
31 050
-
-
Dividends
149 701
175 950
-
-
withholding
22 455
26 393
-
-
total
22 455
26 393
-
-
Income
207 000
207 000
207 000
207 000
Total tax
62 383
57 443
75 613
75 611
After tax
144 617
149 557
131 387
131 389
Living cost
17 370
17 370
17 370
17 370
Free-cash
127 247
132 187
114 017
114 019

Estimated living cost  is ₽17370 per week

₽11695
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1344
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.
₽3828
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90662
₽90301
₽81849
₽66156
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
207 000
income
-
-
-
26 139
surtax
-
-
-
-
social contributions

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

-
-
-
71 933
total
-
-
-
98 072
Employee
38 984
-
167 273
-
social contributions
4 289
-
18 400
-
surtax
-
-
-
-
income
7 617
-
55 638
-
total
11 906
-
74 038
-
Employer
38 984
-
167 273
-
social contributions
9 258
-
39 727
-
total
9 258
-
39 727
-
Corporate
158 758
207 000
-
-
surtax
-
-
-
-
income
33 340
43 471
-
-
total
33 340
43 471
-
-
Dividends
125 418
163 529
-
-
withholding
35 116
45 788
-
-
total
35 116
45 788
-
-
Income
207 000
207 000
207 000
207 000
Total tax
89 620
89 259
113 765
98 072
After tax
117 380
117 741
93 235
108 928
Living cost
27 079
27 079
27 079
27 079
Free-cash
90 301
90 662
66 156
81 849

Estimated living cost  is ₽27079 per week

₽19179
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1881
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.
₽5539
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽102316
₽95743
₽80532
₽76318
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
207 000
accident
-
-
-
839
income
-
-
-
63 238
pensions
-
-
-
26 346
other
-
-
-
93
unemployment
-
-
-
652
total
-
-
-
91 168
Employee
48 510
-
177 320
-
other
48
-
93
-
income
10 132
-
59 790
-
pensions
2 280
-
4 376
-
unemployment
751
-
1 443
-
total
13 211
-
65 702
-
Employer
48 510
-
177 320
-
accident
961
-
1 843
-
other
389
-
745
-
unemployment
2 669
-
5 120
-
pensions
11 448
-
21 972
-
total
15 467
-
29 680
-
Corporate
143 024
207 000
-
-
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.

21 453
31 050
-
-
total
21 453
31 050
-
-
Dividends
121 571
175 950
-
-
withholding
25 826
38 334
-
-
total
25 826
38 334
-
-
Income
207 000
207 000
207 000
207 000
Total tax
75 957
69 384
95 382
91 168
After tax
131 043
137 616
111 618
115 832
Living cost
35 300
35 300
35 300
35 300
Free-cash
95 743
102 316
76 318
80 532

Estimated living cost  is ₽35300 per week

₽25351
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2745
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽497
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6708
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽159709
₽153589
₽149308
₽157750
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
207 000
income
-
-
-
31 050
pensions

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

-
-
-
5 192
unemployment
-
-
-
140
health
-
-
-
4 034
total
-
-
-
40 416
Employee
22 876
-
200 117
-
health
1 052
-
1 614
-
accident

We are using the highest rate at 1.1%.

251
-
386
-
income
2 288
-
20 011
-
pensions

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

2 008
-
3 080
-
total
5 599
-
25 091
-
Employer
22 876
-
200 117
-
accident

We are using the highest rate at 1.1%.

251
-
386
-
unemployment
137
-
210
-
pensions

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

2 521
-
3 866
-
health
1 579
-
2 421
-
total
4 488
-
6 883
-
Corporate
179 635
207 000
-
-
income
17 964
20 700
-
-
total
17 964
20 700
-
-
Dividends
161 671
186 300
-
-
withholding
8 084
9 315
-
-
total
8 084
9 315
-
-
Income
207 000
207 000
207 000
207 000
Total tax
36 135
30 015
31 974
40 416
After tax
170 865
176 985
175 026
166 584
Living cost
17 276
17 276
17 276
17 276
Free-cash
153 589
159 709
157 750
149 308

Estimated living cost  is ₽17276 per week

₽11426
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽989
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽412
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4449
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67705
₽80843
₽67334
₽90337
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
207 000
trade
-
-
-
23 003
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.

-
-
-
67 320
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.

-
-
-
6 862
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.

-
-
-
3 702
total
-
-
-
100 887
Employee

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

49 977
-
207 000
-
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.

6 862
-
6 862
-
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.

227
-
3 702
-
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.

4 110
-
67 320
-
total
11 199
-
77 884
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
157 023
207 000
-
-
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.

1 296
1 708
-
-
income
23 554
31 050
-
-
trade
22 532
29 705
-
-
chamber of commerce
383
456
-
-
total
47 765
62 919
-
-
Dividends
109 258
144 081
-
-
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.

1 481
1 959
-
-
withholding
26 933
35 638
-
-
total
28 414
37 597
-
-
Income
207 000
207 000
207 000
207 000
Total tax
87 378
100 516
77 884
100 887
After tax
119 622
106 484
129 116
106 113
Living cost
38 779
38 779
38 779
38 779
Free-cash
80 843
67 705
90 337
67 334

Estimated living cost  is ₽38779 per week

₽26750
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4172
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽562
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7293
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87682
₽89902
₽48354
₽48354
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
207 000
income
-
-
-
66 197
social contributions
-
-
-
35 232
total
-
-
-
101 429
Employee
78 569
-
207 000
-
income
14 826
-
66 197
-
social contributions
6 527
-
35 232
-
total
21 353
-
101 429
-
Employer
78 569
-
207 000
-
total
-
-
-
-
Corporate
128 431
207 000
-
-
income
16 053
25 875
-
-
total
16 053
25 875
-
-
Dividends
112 378
181 125
-
-
withholding
22 475
36 226
-
-
total
22 475
36 226
-
-
Income
207 000
207 000
207 000
207 000
Total tax
59 881
62 101
101 429
101 429
After tax
147 119
144 899
105 571
105 571
Living cost
57 217
57 217
57 217
57 217
Free-cash
89 902
87 682
48 354
48 354

Estimated living cost  is ₽57217 per week

₽43530
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4662
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8478
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92783
₽96291
₽132759
₽108885
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
207 000
income
-
-
-
31 050
health

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

-
-
-
6 730
total
-
-
-
37 780
Employee
46 078
-
202 380
-
income
5 000
-
52 414
-
social contributions
4 617
-
4 620
-
total
9 617
-
57 034
-
Employer
46 078
-
202 380
-
social contributions
4 617
-
4 620
-
total
4 617
-
4 620
-
Corporate
156 306
207 000
-
-
income
54 707
72 449
-
-
total
54 707
72 449
-
-
Dividends
101 599
134 551
-
-
social contributions
5 307
5 307
-
-
total
5 307
5 307
-
-
Income
207 000
207 000
207 000
207 000
Total tax
74 248
77 756
61 654
37 780
After tax
132 752
129 244
145 346
169 220
Living cost
36 461
36 461
36 461
36 461
Free-cash
96 291
92 783
108 885
132 759

Estimated living cost  is ₽36461 per week

₽24017
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2874
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽558
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9010
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94968
₽100909
₽97725
₽79158
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
207 000
income
-
-
-
62 375
pensions
-
-
-
9 632
total
-
-
-
72 007
Employee
51 155
-
180 546
-
health
667
-
2 499
-
income
9 316
-
49 995
-
pensions
3 904
-
11 627
-
total
13 887
-
64 121
-
Employer
51 155
-
180 546
-
pensions
5 168
-
23 024
-
health
972
-
3 429
-
total
6 140
-
26 453
-
Corporate
149 704
207 000
-
-
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.

28 444
39 329
-
-
total
28 444
39 329
-
-
Dividends
121 260
167 671
-
-
withholding
20 352
35 435
-
-
total
20 352
35 435
-
-
Income
207 000
207 000
207 000
207 000
Total tax
68 823
74 764
90 574
72 007
After tax
138 177
132 236
116 426
134 993
Living cost
37 268
37 268
37 268
37 268
Free-cash
100 909
94 968
79 158
97 725

Estimated living cost  is ₽37268 per week

₽25565
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3427
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽466
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7807
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽7102
₽13105
₽117528
₽89641
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
207 000
accident
-
-
-
253
income
-
-
-
58 625
pensions
-
-
-
4 169
other
-
-
-
371
health
-
-
-
2 185
total
-
-
-
65 603
Employee
37 547
-
188 207
-
health
4 299
-
21 550
-
income
5 151
-
45 502
-
pensions
4 228
-
7 645
-
total
13 678
-
74 697
-
Employer
37 547
-
188 207
-
accident
627
-
3 143
-
unemployment
920
-
4 611
-
pensions
6 105
-
11 039
-
total
7 652
-
18 793
-
Corporate
161 802
207 000
-
-
income

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

145 622
186 300
-
-
total
145 622
186 300
-
-
Dividends
16 180
20 700
-
-
withholding
3 074
3 933
-
-
total
3 074
3 933
-
-
Income
207 000
207 000
207 000
207 000
Total tax
170 026
190 233
93 490
65 603
After tax
36 974
16 767
113 510
141 397
Living cost
23 869
23 869
23 869
23 869
Free-cash
13 105
-7 102
89 641
117 528

Estimated living cost  is ₽23869 per week

₽17517
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1391
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4480
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽144789
₽155925
₽114680
₽136764
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
207 000
work injury
-
-
-
803
health insurance
-
-
-
11 886
income
-
-
-
34 584
pensions
-
-
-
29 554
unemployment
-
-
-
1 927
total
-
-
-
78 754
Employee

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

21 706
-
207 000
-
work injury
109
-
402
-
income
2 171
-
34 584
-
pensions
3 994
-
14 777
-
health insurance
1 606
-
5 943
-
unemployment
260
-
964
-
total
8 140
-
56 670
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
185 294
207 000
-
-
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%.

1 853
20 700
-
-
total
1 853
20 700
-
-
Dividends
183 441
186 300
-
-
withholding
27 516
27 945
-
-
total
27 516
27 945
-
-
Income
207 000
207 000
207 000
207 000
Total tax
37 509
48 645
56 670
78 754
After tax
169 491
158 355
150 330
128 246
Living cost
13 566
13 566
13 566
13 566
Free-cash
155 925
144 789
136 764
114 680

Estimated living cost  is ₽13566 per week

₽8404
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽986
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽423
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3753
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69019
₽64453
₽56044
₽47757
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
207 000
municipal
-
-
-
1 411
regional
-
-
-
4 884
national
-
-
-
54 375
social contributions
-
-
-
50 272
total
-
-
-
110 942
Employee
84 640
-
207 000
-
social contributions
28 540
-
65 907
-
regional
1 278
-
4 364
-
municipal
505
-
1 269
-
national
14 303
-
47 689
-
total
44 626
-
119 229
-
Employer
84 640
-
207 000
-
total
-
-
-
-
Corporate
122 360
207 000
-
-
nationa
29 365
49 681
-
-
municipal
5 897
9 977
-
-
total
35 262
59 658
-
-
Dividends
87 097
147 343
-
-
withholding
22 645
38 309
-
-
total
22 645
38 309
-
-
Income
207 000
207 000
207 000
207 000
Total tax
102 533
97 967
119 229
110 942
After tax
104 467
109 033
87 771
96 058
Living cost
40 014
40 014
40 014
40 014
Free-cash
64 453
69 019
47 757
56 044

Estimated living cost  is ₽40014 per week

₽28107
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2752
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽604
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8549
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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