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
₽ 208000
per

Your estimated
City
free-cash

Dresden , Germany
₽74885
₽99496
₽73981
₽85828
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
208 000
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.

-
-
-
68 033
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.

-
-
-
3 742
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.

-
-
-
6 760
trade
-
-
-
25 515
total
-
-
-
104 050
Employee

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

37 844
-
208 000
-
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.

58
-
3 742
-
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.

1 057
-
68 033
-
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.

6 760
-
6 760
-
total
7 875
-
78 535
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
170 156
208 000
-
-
income
25 523
31 199
-
-
surtax

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

1 404
1 716
-
-
chamber of commerce
394
449
-
-
trade
26 800
32 759
-
-
total
54 121
66 123
-
-
Dividends
116 034
141 877
-
-
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.

1 575
1 930
-
-
withholding
28 632
35 093
-
-
total
30 207
37 023
-
-
Income
208 000
208 000
208 000
208 000
Total tax
92 203
103 146
78 535
104 050
After tax
115 797
104 854
129 465
103 950
Living cost
29 969
29 969
29 969
29 969
Free-cash
85 828
74 885
99 496
73 981

Estimated living cost  is ₽29969 per week

₽18852
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3494
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽560
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7064
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77390
₽68983
₽67866
₽76519
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
208 000
social contributions
-
-
-
2 236
municipal
-
-
-
22 970
national
-
-
-
37 566
pensions
-
-
-
24 960
total
-
-
-
87 732
Employee
81 232
-
179 814
-
municipal
10 033
-
23 775
-
pensions
3 249
-
7 193
-
national
15 548
-
39 329
-
total
28 830
-
70 297
-
Employer
81 232
-
179 814
-
pensions
6 499
-
14 385
-
social contributions
873
-
1 933
-
total
7 372
-
16 318
-
Corporate
114 035
208 000
-
-
income

Corporate income tax will depend on a type of legal entity. For LLC and Limited Partnership it is set at 20%. All other entities pay 37.6%.

22 807
41 600
-
-
total
22 807
41 600
-
-
Dividends
91 228
166 400
-
-
withholding
20 070
36 608
-
-
total
20 070
36 608
-
-
Income
208 000
208 000
208 000
208 000
Total tax
79 079
78 208
86 615
87 732
After tax
128 921
129 792
121 385
120 268
Living cost
52 402
52 402
52 402
52 402
Free-cash
76 519
77 390
68 983
67 866

Estimated living cost  is ₽52402 per week

₽35617
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4871
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽784
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11129
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽145816
₽69080
₽54088
₽137698
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
208 000
income
-
-
-
42 377
surtax
-
-
-
53 040
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.

-
-
-
37 910
microenterprise
-
-
-
-
total
-
-
-
133 327
Employee
28 912
-
161 795
-
surtax
-
-
23 459
-
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.

3 181
-
12 971
-
income
5 147
-
35 700
-
total
8 328
-
72 130
-
Employer
28 912
-
161 795
-
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.

6 964
-
28 407
-
surtax
-
-
17 798
-
total
6 964
-
46 205
-
Corporate
172 124
208 000
-
-
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%.

34 425
41 599
-
-
total
34 425
41 599
-
-
Dividends

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

137 699
166 401
-
-
total
-
-
-
-
Income
208 000
208 000
208 000
208 000
Total tax
49 717
41 599
118 335
133 327
After tax
158 283
166 401
89 665
74 673
Living cost
20 585
20 585
20 585
20 585
Free-cash
137 698
145 816
69 080
54 088

Estimated living cost  is ₽20585 per week

₽13132
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1960
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5025
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62034
₽91603
₽71039
₽55971
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
208 000
income
-
-
-
71 718
health
-
-
-
12 201
pensions
-
-
-
11 593
total
-
-
-
95 512
Employee
84 494
84 494
189 612
-
pensions
15 209
11 593
11 593
-
income

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

13 830
13 830
32 766
-
health
12 969
11 031
12 201
-
total
42 008
36 454
56 560
-
Employer
84 494
84 494
189 612
-
health
5 873
5 873
7 298
-
pensions
5 881
5 881
7 310
-
unemployment
3 042
3 042
3 780
-
total
14 796
14 796
18 388
-
Corporate
109 746
108 710
-
-
income
21 950
21 741
-
-
total
21 950
21 741
-
-
Dividends
87 796
86 968
-
-
income
18 656
18 480
-
-
withholding
13 170
13 046
-
-
total
31 826
31 526
-
-
Income
208 000
208 000
208 000
208 000
Total tax
110 580
104 517
74 948
95 512
After tax
97 420
103 483
133 052
112 488
Living cost
41 449
41 449
41 449
41 449
Free-cash
55 971
62 034
91 603
71 039

Estimated living cost  is ₽41449 per week

₽29374
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3737
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽659
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7680
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72751
₽63283
₽64273
₽71836
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
208 000
accident
-
-
-
179
other
-
-
-
10 395
unemployment
-
-
-
90
health
-
-
-
5 582
municipal
-
-
-
54 298
national
-
-
-
22 696
pensions
-
-
-
9 670
total
-
-
-
102 910
Employee
58 161
-
179 893
-
municipal
17 344
-
53 644
-
national
-
-
22 148
-
total
17 344
-
75 792
-
Employer
58 161
-
179 893
-
health
3 577
-
5 502
-
pensions
6 287
-
9 670
-
accident
116
-
179
-
unemployment
1 535
-
2 362
-
other
6 758
-
10 395
-
total
18 273
-
28 108
-
Corporate
131 565
208 000
-
-
income
28 944
45 760
-
-
total
28 944
45 760
-
-
Dividends
102 621
162 240
-
-
withholding
30 786
48 672
-
-
total
30 786
48 672
-
-
Income
208 000
208 000
208 000
208 000
Total tax
95 347
94 432
103 900
102 910
After tax
112 653
113 568
104 100
105 090
Living cost
40 817
40 817
40 817
40 817
Free-cash
71 836
72 751
63 283
64 273

Estimated living cost  is ₽40817 per week

₽27052
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4005
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽620
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9140
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64914
₽90596
₽63948
₽78816
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
208 000
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.

-
-
-
68 033
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.

-
-
-
3 742
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.

-
-
-
6 760
trade
-
-
-
26 648
total
-
-
-
105 183
Employee

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

50 177
-
208 000
-
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.

237
-
3 742
-
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.

4 311
-
68 033
-
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.

6 760
-
6 760
-
total
11 308
-
78 535
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
157 823
208 000
-
-
income
23 673
31 199
-
-
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.

1 301
1 716
-
-
chamber of commerce
376
447
-
-
trade
25 962
34 216
-
-
total
51 312
67 578
-
-
Dividends
106 511
140 421
-
-
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.

1 444
1 910
-
-
withholding
26 251
34 729
-
-
total
27 695
36 639
-
-
Income
208 000
208 000
208 000
208 000
Total tax
90 315
104 217
78 535
105 183
After tax
117 685
103 783
129 465
102 817
Living cost
38 869
38 869
38 869
38 869
Free-cash
78 816
64 914
90 596
63 948

Estimated living cost  is ₽38869 per week

₽25996
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4099
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8194
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽119534
₽106648
₽108387
₽115433
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
208 000
income
-
-
-
46 207
social contributions
-
-
-
16 009
health
-
-
-
5 304
total
-
-
-
67 520
Employee
76 083
76 083
195 859
-
social contributions
3 697
6 315
8 517
-
income
7 989
7 043
45 272
-
health
757
1 294
3 329
-
total
12 443
14 652
57 118
-
Employer
76 083
76 083
195 859
-
health
824
1 408
3 624
-
social contributions
3 697
6 315
8 517
-
total
4 521
7 723
12 141
-
Corporate
158 943
124 194
-
-
income
19 867
15 524
-
-
total
19 867
15 524
-
-
Dividends
139 075
108 669
-
-
withholding
23 643
18 474
-
-
total
23 643
18 474
-
-
Income
208 000
208 000
208 000
208 000
Total tax
60 474
56 373
69 259
67 520
After tax
147 526
151 627
138 741
140 480
Living cost
32 093
32 093
32 093
32 093
Free-cash
115 433
119 534
106 648
108 387

Estimated living cost  is ₽32093 per week

₽21939
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2507
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7109
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98608
₽102412
₽125925
₽98988
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
208 000
income
-
-
-
25 428
unemployment
-
-
-
3 120
health
-
-
-
14 560
pensions
-
-
-
20 800
total
-
-
-
63 908
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.

26 224
10 437
174 059
-
unemployment
393
157
2 611
-
pensions
2 622
1 044
17 406
-
income
3 206
1 276
21 279
-
health
1 836
731
12 184
-
total
8 057
3 208
53 480
-
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.

26 224
10 437
174 059
-
pensions
5 114
2 035
33 941
-
total
5 114
2 035
33 941
-
Corporate
176 662
195 528
-
-
income
15 900
17 598
-
-
total
15 900
17 598
-
-
Dividends
160 762
177 930
-
-
social contributions
31 229
34 577
-
-
withholding
30 545
33 807
-
-
total
61 774
68 384
-
-
Income
208 000
208 000
208 000
208 000
Total tax
90 845
91 225
87 421
63 908
After tax
117 155
116 775
120 579
144 092
Living cost
18 167
18 167
18 167
18 167
Free-cash
98 988
98 608
102 412
125 925

Estimated living cost  is ₽18167 per week

₽12397
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1486
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽363
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3920
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽142502
₽95989
₽87590
₽136355
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
208 000
income
-
-
-
27 872
health
-
-
-
27 040
pensions
-
-
-
41 599
total
-
-
-
96 511
Employee
28 069
-
155 456
-
unemployment
449
-
2 488
-
pensions
561
-
3 109
-
income
3 160
-
29 971
-
total
4 170
-
35 568
-
Employer
28 069
-
155 456
-
health
3 648
-
20 209
-
pensions
5 614
-
31 092
-
unemployment
225
-
1 243
-
total
9 487
-
52 544
-
Corporate
170 443
208 000
-
-
income
34 089
41 599
-
-
total
34 089
41 599
-
-
Dividends
136 354
166 401
-
-
total
-
-
-
-
Income
208 000
208 000
208 000
208 000
Total tax
47 746
41 599
88 112
96 511
After tax
160 254
166 401
119 888
111 489
Living cost
23 899
23 899
23 899
23 899
Free-cash
136 355
142 502
95 989
87 590

Estimated living cost  is ₽23899 per week

₽16392
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1423
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.
₽5603
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Tallinn model

Close
Gdansk , Poland
-₽5214
₽92022
₽120014
₽13465
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
208 000
accident
-
-
-
253
income
-
-
-
58 939
other
-
-
-
372
health
-
-
-
2 187
pensions
-
-
-
4 173
total
-
-
-
65 924
Employee
34 705
-
189 158
-
pensions
3 908
-
7 651
-
income
4 761
-
45 766
-
health
3 974
-
21 658
-
total
12 643
-
75 075
-
Employer
34 705
-
189 158
-
pensions
5 643
-
11 048
-
accident
579
-
3 159
-
unemployment
850
-
4 634
-
total
7 072
-
18 841
-
Corporate
166 222
208 000
-
-
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.

149 600
187 200
-
-
total
149 600
187 200
-
-
Dividends
16 622
20 800
-
-
withholding
3 158
3 952
-
-
total
3 158
3 952
-
-
Income
208 000
208 000
208 000
208 000
Total tax
172 473
191 152
93 916
65 924
After tax
35 527
16 848
114 084
142 076
Living cost
22 062
22 062
22 062
22 062
Free-cash
13 465
-5 214
92 022
120 014

Estimated living cost  is ₽22062 per week

₽16170
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1222
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.
₽4210
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽189500
₽158300
₽197820
₽187981
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
208 000
microenterprise

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

-
-
-
2 080
total
-
-
-
2 080
Employee
10 125
-
208 000
-
income
2 025
-
41 600
-
total
2 025
-
41 600
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

197 875
208 000
-
-
total
-
-
-
-
Dividends
197 875
208 000
-
-
withholding
9 894
10 400
-
-
total
9 894
10 400
-
-
Income
208 000
208 000
208 000
208 000
Total tax
11 919
10 400
41 600
2 080
After tax
196 081
197 600
166 400
205 920
Living cost
8 100
8 100
8 100
8 100
Free-cash
187 981
189 500
158 300
197 820

Estimated living cost  is ₽8100 per week

₽5020
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽673
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽223
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2184
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽126452
₽94662
₽96414
₽119772
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
208 000
income
-
-
-
35 343
other
-
-
-
7 146
health
-
-
-
6 621
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.

-
-
-
36 111
total
-
-
-
85 221
Employee
35 926
-
169 929
-
unemployment
359
-
1 504
-
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.

2 514
-
10 532
-
income
6 185
-
34 759
-
health
503
-
2 107
-
total
9 561
-
48 902
-
Employer
35 926
-
169 929
-
health
503
-
2 107
-
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.

6 108
-
25 579
-
accident
287
-
1 359
-
unemployment
359
-
1 504
-
other
1 797
-
7 522
-
total
9 054
-
38 071
-
Corporate
163 020
208 000
-
-
income
34 233
43 680
-
-
total
34 233
43 680
-
-
Dividends
128 787
164 320
-
-
withholding
9 015
11 503
-
-
total
9 015
11 503
-
-
Income
208 000
208 000
208 000
208 000
Total tax
61 863
55 183
86 973
85 221
After tax
146 137
152 817
121 027
122 779
Living cost
26 365
26 365
26 365
26 365
Free-cash
119 772
126 452
94 662
96 414

Estimated living cost  is ₽26365 per week

₽18628
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1780
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽424
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5532
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66516
₽50777
₽69416
₽74454
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
208 000
income
-
-
-
63 093
pensions
-
-
-
9 556
total
-
-
-
72 649
Employee
93 288
-
181 383
-
pensions
9 000
-
11 504
-
income
16 816
-
50 670
-
health
1 537
-
2 497
-
total
27 353
-
64 671
-
Employer
93 288
-
181 383
-
health
1 772
-
3 446
-
pensions
11 015
-
23 171
-
total
12 787
-
26 617
-
Corporate
101 926
208 000
-
-
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.

19 365
39 521
-
-
total
19 365
39 521
-
-
Dividends
82 561
168 479
-
-
withholding
8 106
36 028
-
-
total
8 106
36 028
-
-
Income
208 000
208 000
208 000
208 000
Total tax
67 611
75 549
91 288
72 649
After tax
140 389
132 451
116 712
135 351
Living cost
65 935
65 935
65 935
65 935
Free-cash
74 454
66 516
50 777
69 416

Estimated living cost  is ₽65935 per week

₽49406
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7747
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8246
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽164866
₽163118
₽154597
₽160270
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
208 000
income
-
-
-
31 200
unemployment
-
-
-
138
health
-
-
-
3 975
pensions

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

-
-
-
5 116
total
-
-
-
40 429
Employee
17 180
-
201 219
-
accident

We are using the highest rate at 1.1%.

189
-
380
-
pensions

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

1 508
-
3 035
-
income
1 718
-
20 122
-
health
790
-
1 590
-
total
4 205
-
25 127
-
Employer
17 180
-
201 219
-
health
1 186
-
2 385
-
pensions

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

1 893
-
3 809
-
accident

We are using the highest rate at 1.1%.

189
-
380
-
unemployment
103
-
207
-
total
3 371
-
6 781
-
Corporate
187 449
208 000
-
-
income
18 745
20 800
-
-
total
18 745
20 800
-
-
Dividends
168 705
187 200
-
-
withholding
8 435
9 360
-
-
total
8 435
9 360
-
-
Income
208 000
208 000
208 000
208 000
Total tax
34 756
30 160
31 908
40 429
After tax
173 244
177 840
176 092
167 571
Living cost
12 974
12 974
12 974
12 974
Free-cash
160 270
164 866
163 118
154 597

Estimated living cost  is ₽12974 per week

₽7575
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽927
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽344
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4130
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48617
₽78186
₽57622
₽51107
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
208 000
income
-
-
-
71 718
health
-
-
-
12 201
pensions
-
-
-
11 593
total
-
-
-
95 512
Employee
91 734
84 494
189 612
-
pensions
11 593
11 593
11 593
-
income

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

13 830
13 830
32 766
-
health
11 444
11 031
12 201
-
total
36 867
36 454
56 560
-
Employer
91 734
84 494
189 612
-
health
6 375
5 873
7 298
-
pensions
6 384
5 881
7 310
-
unemployment
3 303
3 042
3 780
-
total
16 062
14 796
18 388
-
Corporate
100 205
108 710
-
-
income
20 040
21 741
-
-
total
20 040
21 741
-
-
Dividends
80 164
86 968
-
-
income
17 034
18 480
-
-
withholding
12 024
13 046
-
-
total
29 058
31 526
-
-
Income
208 000
208 000
208 000
208 000
Total tax
102 027
104 517
74 948
95 512
After tax
105 973
103 483
133 052
112 488
Living cost
54 866
54 866
54 866
54 866
Free-cash
51 107
48 617
78 186
57 622

Estimated living cost  is ₽54866 per week

₽40473
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4901
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽629
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8864
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽118622
₽87754
₽96638
₽109851
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
208 000
income
-
-
-
21 681
social contributions
-
-
-
35 378
solidarity contribution
-
-
-
1 637
health
-
-
-
28 080
total
-
-
-
86 776
Employee
36 156
-
163 037
-
solidarity contribution
-
-
839
-
social contributions
2 350
-
7 875
-
income
4 339
-
19 973
-
health
4 881
-
22 010
-
total
11 570
-
50 697
-
Employer
36 156
-
163 037
-
health
3 254
-
14 673
-
social contributions
9 039
-
30 290
-
total
12 293
-
44 963
-
Corporate
159 551
208 000
-
-
income
30 315
39 520
-
-
total
30 315
39 520
-
-
Dividends
129 236
168 480
-
-
withholding
19 385
25 272
-
-
total
19 385
25 272
-
-
Income
208 000
208 000
208 000
208 000
Total tax
73 563
64 792
95 660
86 776
After tax
134 437
143 208
112 340
121 224
Living cost
24 586
24 586
24 586
24 586
Free-cash
109 851
118 622
87 754
96 638

Estimated living cost  is ₽24586 per week

₽17078
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1749
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.
₽5276
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69228
₽49188
₽57578
₽64058
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
208 000
social contributions
-
-
-
49 521
regional
-
-
-
2 562
municipal
-
-
-
1 267
national
-
-
-
55 321
total
-
-
-
108 671
Employee
87 936
-
208 000
-
municipal
466
-
1 145
-
national
15 237
-
48 699
-
regional
830
-
2 293
-
social contributions
29 652
-
64 924
-
total
46 185
-
117 061
-
Employer
87 936
-
208 000
-
total
-
-
-
-
Corporate
120 064
208 000
-
-
municipal
4 683
8 111
-
-
nationa
28 816
49 919
-
-
total
33 499
58 030
-
-
Dividends
86 565
149 969
-
-
withholding
22 507
38 991
-
-
total
22 507
38 991
-
-
Income
208 000
208 000
208 000
208 000
Total tax
102 191
97 021
117 061
108 671
After tax
105 809
110 979
90 939
99 329
Living cost
41 751
41 751
41 751
41 751
Free-cash
64 058
69 228
49 188
57 578

Estimated living cost  is ₽41751 per week

₽29104
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2738
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽640
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9268
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽108998
₽70101
₽76150
₽105918
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
208 000
income
-
-
-
63 500
other
-
-
-
-
surtax
-
-
-
10 505
unemployment
-
-
-
225
health
-
-
-
9 375
pensions
-
-
-
26 411
total
-
-
-
110 016
Employee
32 720
-
180 203
-
other
-
-
-
-
unemployment
2 278
-
9 191
-
pensions
2 182
-
8 808
-
surtax
107
-
9 321
-
income
5 485
-
57 582
-
health
836
-
3 367
-
total
10 888
-
88 269
-
Employer
32 720
-
180 203
-
health
1 489
-
6 008
-
pensions
4 362
-
17 603
-
unemployment
1 036
-
4 185
-
other
-
-
-
-
total
6 887
-
27 796
-
Corporate
168 392
208 000
-
-
income
43 781
54 080
-
-
total
43 781
54 080
-
-
Dividends
124 611
153 920
-
-
withholding
18 692
23 088
-
-
total
18 692
23 088
-
-
Income
208 000
208 000
208 000
208 000
Total tax
80 248
77 168
116 065
110 016
After tax
127 752
130 832
91 935
97 984
Living cost
21 834
21 834
21 834
21 834
Free-cash
105 918
108 998
70 101
76 150

Estimated living cost  is ₽21834 per week

₽13350
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2015
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.
₽5965
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87406
₽71667
₽90306
₽93917
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
208 000
income
-
-
-
63 093
pensions
-
-
-
9 556
total
-
-
-
72 649
Employee
62 519
-
181 383
-
pensions
5 306
-
11 504
-
income
11 260
-
50 670
-
health
908
-
2 497
-
total
17 474
-
64 671
-
Employer
62 519
-
181 383
-
health
1 188
-
3 446
-
pensions
6 768
-
23 171
-
total
7 956
-
26 617
-
Corporate
137 526
208 000
-
-
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.

26 131
39 521
-
-
total
26 131
39 521
-
-
Dividends
111 395
168 479
-
-
withholding
17 477
36 028
-
-
total
17 477
36 028
-
-
Income
208 000
208 000
208 000
208 000
Total tax
69 038
75 549
91 288
72 649
After tax
138 962
132 451
116 712
135 351
Living cost
45 045
45 045
45 045
45 045
Free-cash
93 917
87 406
71 667
90 306

Estimated living cost  is ₽45045 per week

₽33747
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3376
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7449
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽16905
₽79544
₽88010
₽50367
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
208 000
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.

-
-
-
4 160
regional
-
-
-
11 150
health
-
-
-
468
city
-
-
-
2 191
national
-
-
-
4 676
pensions
-
-
-
19 137
total
-
-
-
41 782
Employee
91 524
-
186 696
-
unemployment
-
-
-
-
pensions
7 689
-
15 097
-
national
433
-
3 677
-
regional
2 997
-
9 790
-
city
982
-
2 013
-
health
207
-
420
-
total
12 308
-
30 997
-
Employer
91 524
-
186 696
-
health
207
-
420
-
pensions
7 689
-
15 097
-
unemployment
-
-
-
-
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.

1 830
-
3 734
-
total
9 726
-
19 251
-
Corporate
105 744
208 000
-
-
regional
22 365
43 992
-
-
national
8 989
17 680
-
-
total
31 354
61 672
-
-
Dividends
74 390
146 327
-
-
withholding
26 037
51 215
-
-
total
26 037
51 215
-
-
Income
208 000
208 000
208 000
208 000
Total tax
79 425
112 887
50 248
41 782
After tax
128 575
95 113
157 752
166 218
Living cost
78 208
78 208
78 208
78 208
Free-cash
50 367
16 905
79 544
88 010

Estimated living cost  is ₽78208 per week

₽50858
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7018
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽960
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19372
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽57385
₽84138
₽56356
₽73431
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
208 000
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.

-
-
-
68 033
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.

-
-
-
3 742
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.

-
-
-
6 760
trade
-
-
-
27 782
total
-
-
-
106 317
Employee

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

59 464
-
208 000
-
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.

385
-
3 742
-
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.

6 992
-
68 033
-
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.

6 760
-
6 760
-
total
14 137
-
78 535
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
148 536
208 000
-
-
income
22 280
31 199
-
-
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.

1 226
1 716
-
-
chamber of commerce
359
443
-
-
trade
25 474
35 672
-
-
total
49 339
69 030
-
-
Dividends
99 197
138 970
-
-
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.

1 343
1 891
-
-
withholding
24 423
34 367
-
-
total
25 766
36 258
-
-
Income
208 000
208 000
208 000
208 000
Total tax
89 242
105 288
78 535
106 317
After tax
118 758
102 712
129 465
101 683
Living cost
45 327
45 327
45 327
45 327
Free-cash
73 431
57 385
84 138
56 356

Estimated living cost  is ₽45327 per week

₽33105
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3626
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8008
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70980
₽76063
₽81233
₽76823
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
208 000
income
-
-
-
36 818
other
-
-
-
6 448
surtax
-
-
-
-
social contributions
-
-
-
5 926
health
-
-
-
9 848
pensions
-
-
-
33 875
total
-
-
-
92 915
Employee
42 347
-
159 292
-
pensions
4 788
-
11 777
-
surtax
-
-
-
-
social contributions
1 207
-
4 538
-
income
2 499
-
33 061
-
total
8 494
-
49 376
-
Employer
42 347
-
159 292
-
health
2 965
-
15 567
-
pensions
6 957
-
19 699
-
unemployment
1 714
-
6 452
-
social contributions
128
-
479
-
other
1 461
-
6 512
-
total
13 225
-
48 709
-
Corporate
152 429
208 000
-
-
income
42 681
58 239
-
-
surtax
-
-
-
-
total
42 681
58 239
-
-
Dividends
109 748
149 761
-
-
surtax
-
-
-
-
social contributions
18 876
25 760
-
-
withholding
14 049
19 169
-
-
total
32 925
44 929
-
-
Income
208 000
208 000
208 000
208 000
Total tax
97 325
103 168
98 085
92 915
After tax
110 675
104 832
109 915
115 085
Living cost
33 852
33 852
33 852
33 852
Free-cash
76 823
70 980
76 063
81 233

Estimated living cost  is ₽33852 per week

₽21345
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2753
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽576
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9180
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74334
₽79417
₽84587
₽79832
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
208 000
income
-
-
-
36 818
other
-
-
-
6 448
surtax
-
-
-
-
social contributions
-
-
-
5 926
health
-
-
-
9 848
pensions
-
-
-
33 875
total
-
-
-
92 915
Employee
37 800
-
159 292
-
pensions
4 275
-
11 777
-
surtax
-
-
-
-
social contributions
1 078
-
4 538
-
income
1 949
-
33 061
-
total
7 302
-
49 376
-
Employer
37 800
-
159 292
-
health
2 646
-
15 567
-
pensions
6 211
-
19 699
-
unemployment
1 530
-
6 452
-
social contributions
113
-
479
-
other
1 305
-
6 512
-
total
11 805
-
48 709
-
Corporate
158 395
208 000
-
-
income
44 350
58 239
-
-
surtax
-
-
-
-
total
44 350
58 239
-
-
Dividends
114 045
149 761
-
-
surtax
-
-
-
-
social contributions
19 616
25 760
-
-
withholding
14 597
19 169
-
-
total
34 213
44 929
-
-
Income
208 000
208 000
208 000
208 000
Total tax
97 670
103 168
98 085
92 915
After tax
110 330
104 832
109 915
115 085
Living cost
30 498
30 498
30 498
30 498
Free-cash
79 832
74 334
79 417
84 587

Estimated living cost  is ₽30498 per week

₽17688
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3098
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.
₽9135
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽105916
₽107318
₽112598
₽106431
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
208 000
income
-
-
-
31 199
social contributions
-
-
-
28 704
health
-
-
-
14 518
total
-
-
-
74 421
Employee
33 548
-
208 000
-
social contributions
4 630
-
28 704
-
income
5 595
-
36 479
-
health
2 341
-
14 518
-
total
12 566
-
79 701
-
Employer
33 548
-
208 000
-
total
-
-
-
-
Corporate
174 452
208 000
-
-
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%.

8 722
10 400
-
-
total
8 722
10 400
-
-
Dividends
165 730
197 600
-
-
social contributions
22 872
27 269
-
-
withholding
24 860
29 641
-
-
health
11 568
13 793
-
-
total
59 300
70 703
-
-
Income
208 000
208 000
208 000
208 000
Total tax
80 588
81 103
79 701
74 421
After tax
127 412
126 897
128 299
133 579
Living cost
20 981
20 981
20 981
20 981
Free-cash
106 431
105 916
107 318
112 598

Estimated living cost  is ₽20981 per week

₽14041
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1294
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5162
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79901
₽19819
₽71930
₽78371
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
208 000
income
-
-
-
63 883
surtax
-
-
-
195
unemployment
-
-
-
6 069
chamber of commerce
-
-
-
832
health
-
-
-
8 842
pensions
-
-
-
21 385
total
-
-
-
101 206
Employee
49 448
39 431
170 528
-
other
494
394
1 157
-
unemployment
1 483
1 183
3 468
-
pensions
5 064
4 037
11 837
-
income
5 629
2 908
53 216
-
health
1 913
1 527
4 473
-
total
14 583
10 049
74 151
-
Employer
49 448
39 431
170 528
-
chamber of commerce
197
158
682
-
health
1 868
1 491
4 369
-
pensions
6 206
4 949
14 507
-
accident
642
513
1 502
-
unemployment
1 483
1 183
3 468
-
surtax
195
195
195
-
payroll
1 483
1 183
5 117
-
other
2 349
1 872
7 633
-
total
14 423
11 544
37 473
-
Corporate
144 128
157 025
166 772
-
income

The minimum corporate income for a GmbH is €1,1750 for a year. However, for GmbHs founded after 30 June 2013, the amount is reduced to €500 for the first five years and €1000 for the next five years.

Минимальный корпоративный налог для GmbH €1,1750 в год. Если GmbHs основана после 30 Июня 2013 эта сумма сниже до €500 в первые 5 лет и €1000 для следующих пяти лет.

36 032
39 256
41 693
-
total
36 032
39 256
41 693
-
Dividends
108 096
117 769
-
-
withholding
29 727
32 386
-
-
total
29 727
32 386
-
-
Income
208 000
208 000
208 000
208 000
Total tax
94 765
93 235
153 317
101 206
After tax
113 235
114 765
54 683
106 794
Living cost
34 864
34 864
34 864
34 864
Free-cash
78 371
79 901
19 819
71 930

Estimated living cost  is ₽34864 per week

₽23253
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2974
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8065
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78883
₽35271
₽54320
₽65345
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
208 000
communal

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

-
-
-
10 999
social contributions
-
-
-
24 668
national
-
-
-
81 937
total
-
-
-
117 604
Employee

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

70 775
-
161 104
-
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.

616
-
1 401
-
communal

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

3 691
-
8 403
-
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.

5 308
-
12 083
-
national
21 759
-
60 295
-
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.

3 325
-
7 573
-
total
34 699
-
89 755
-
Employer

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

70 775
-
161 104
-
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.

4 352
-
9 907
-
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.

6 271
-
14 274
-
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.

920
-
2 094
-
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.

1 033
-
2 353
-
surtax
8 025
-
18 270
-
total
20 601
-
46 898
-
Corporate
116 623
208 000
-
-
income
23 324
43 421
-
-
surtax
466
867
-
-
total
23 790
44 288
-
-
Dividends
92 833
163 712
-
-
withholding

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

27 489
48 753
-
-
total
27 489
48 753
-
-
Income
208 000
208 000
208 000
208 000
Total tax
106 579
93 041
136 653
117 604
After tax
101 421
114 959
71 347
90 396
Living cost
36 076
36 076
36 076
36 076
Free-cash
65 345
78 883
35 271
54 320

Estimated living cost  is ₽36076 per week

₽23238
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9120
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽102507
₽76467
₽80618
₽95727
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
208 000
accident
-
-
-
826
income
-
-
-
64 136
other
-
-
-
92
unemployment
-
-
-
642
pensions
-
-
-
25 953
total
-
-
-
91 649
Employee
49 252
-
178 763
-
other
49
-
92
-
unemployment
764
-
1 421
-
pensions
2 315
-
4 311
-
income
10 392
-
60 739
-
total
13 520
-
66 563
-
Employer
49 252
-
178 763
-
pensions
11 623
-
21 644
-
accident
975
-
1 816
-
unemployment
2 709
-
5 043
-
other
392
-
734
-
total
15 699
-
29 237
-
Corporate
143 049
208 000
-
-
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.

21 458
31 199
-
-
total
21 458
31 199
-
-
Dividends
121 591
176 801
-
-
withholding
25 863
38 561
-
-
total
25 863
38 561
-
-
Income
208 000
208 000
208 000
208 000
Total tax
76 540
69 760
95 800
91 649
After tax
131 460
138 240
112 200
116 351
Living cost
35 733
35 733
35 733
35 733
Free-cash
95 727
102 507
76 467
80 618

Estimated living cost  is ₽35733 per week

₽26313
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2535
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽514
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6369
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65200
₽53584
₽45293
₽51694
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
208 000
communal
-
-
-
13 145
accident
-
-
-
1 754
income
-
-
-
37 935
surtax
-
-
-
10 312
health
-
-
-
14 614
pensions
-
-
-
31 177
total
-
-
-
108 937
Employee
74 930
-
185 797
-
pensions
5 993
-
14 864
-
surtax
4 593
-
11 386
-
income
7 237
-
43 925
-
health
3 335
-
8 267
-
total
21 158
-
78 442
-
Employer
74 930
-
185 797
-
health
2 285
-
5 667
-
pensions
5 993
-
14 864
-
accident
674
-
1 673
-
total
8 952
-
22 204
-
Corporate
124 118
208 000
-
-
communal
8 378
14 039
-
-
income
18 617
31 199
-
-
surtax
1 303
2 184
-
-
total
28 298
47 422
-
-
Dividends
95 820
160 578
-
-
income
29 755
17 521
-
-
withholding
14 373
24 087
-
-
total
44 128
41 608
-
-
Income
208 000
208 000
208 000
208 000
Total tax
102 536
89 030
100 646
108 937
After tax
105 464
118 970
107 354
99 063
Living cost
53 770
53 770
53 770
53 770
Free-cash
51 694
65 200
53 584
45 293

Estimated living cost  is ₽53770 per week

₽40336
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3258
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9606
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽108608
₽69711
₽75760
₽105459
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
208 000
income
-
-
-
63 500
other
-
-
-
-
surtax
-
-
-
10 505
unemployment
-
-
-
225
health
-
-
-
9 375
pensions
-
-
-
26 411
total
-
-
-
110 016
Employee
33 321
-
180 203
-
other
-
-
-
-
unemployment
2 319
-
9 191
-
pensions
2 223
-
8 808
-
surtax
118
-
9 321
-
income
5 586
-
57 582
-
health
851
-
3 367
-
total
11 097
-
88 269
-
Employer
33 321
-
180 203
-
health
1 515
-
6 008
-
pensions
4 443
-
17 603
-
unemployment
1 057
-
4 185
-
other
-
-
-
-
total
7 015
-
27 796
-
Corporate
167 664
208 000
-
-
income
43 594
54 080
-
-
total
43 594
54 080
-
-
Dividends
124 071
153 920
-
-
withholding
18 611
23 088
-
-
total
18 611
23 088
-
-
Income
208 000
208 000
208 000
208 000
Total tax
80 317
77 168
116 065
110 016
After tax
127 683
130 832
91 935
97 984
Living cost
22 224
22 224
22 224
22 224
Free-cash
105 459
108 608
69 711
75 760

Estimated living cost  is ₽22224 per week

₽13418
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1932
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽516
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6360
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82677
₽63675
₽72021
₽80479
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
208 000
social contributions
-
-
-
49 521
regional
-
-
-
3 217
municipal
-
-
-
1 267
national
-
-
-
55 321
total
-
-
-
109 326
Employee
54 886
-
208 000
-
municipal
291
-
1 145
-
national
8 695
-
48 699
-
regional
739
-
2 904
-
social contributions
18 508
-
64 924
-
total
28 233
-
117 672
-
Employer
54 886
-
208 000
-
total
-
-
-
-
Corporate
153 114
208 000
-
-
municipal
7 610
10 338
-
-
nationa
36 748
49 919
-
-
total
44 358
60 257
-
-
Dividends
108 756
147 742
-
-
withholding
28 277
38 413
-
-
total
28 277
38 413
-
-
Income
208 000
208 000
208 000
208 000
Total tax
100 868
98 670
117 672
109 326
After tax
107 132
109 330
90 328
98 674
Living cost
26 653
26 653
26 653
26 653
Free-cash
80 479
82 677
63 675
72 021

Estimated living cost  is ₽26653 per week

₽16576
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2700
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6921
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽112911
₽82043
₽90927
₽102103
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
208 000
income
-
-
-
21 681
social contributions
-
-
-
35 378
solidarity contribution
-
-
-
1 637
health
-
-
-
28 080
total
-
-
-
86 776
Employee
44 554
-
163 037
-
solidarity contribution
-
-
839
-
social contributions
2 896
-
7 875
-
income
5 346
-
19 973
-
health
6 015
-
22 010
-
total
14 257
-
50 697
-
Employer
44 554
-
163 037
-
health
4 010
-
14 673
-
social contributions
11 138
-
30 290
-
total
15 148
-
44 963
-
Corporate
148 298
208 000
-
-
income
28 177
39 520
-
-
total
28 177
39 520
-
-
Dividends
120 121
168 480
-
-
withholding
18 018
25 272
-
-
total
18 018
25 272
-
-
Income
208 000
208 000
208 000
208 000
Total tax
75 600
64 792
95 660
86 776
After tax
132 400
143 208
112 340
121 224
Living cost
30 297
30 297
30 297
30 297
Free-cash
102 103
112 911
82 043
90 927

Estimated living cost  is ₽30297 per week

₽22530
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1678
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.
₽5564
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83303
₽23168
₽75422
₽82816
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
208 000
income
-
-
-
63 883
surtax
-
-
-
-
unemployment
-
-
-
6 069
chamber of commerce
-
-
-
832
health
-
-
-
8 842
pensions
-
-
-
21 385
total
-
-
-
101 011
Employee
43 251
39 431
170 710
-
other
432
394
1 157
-
unemployment
1 297
1 183
3 468
-
pensions
4 429
4 037
11 837
-
income
3 853
2 908
53 303
-
health
1 673
1 527
4 473
-
total
11 684
10 049
74 238
-
Employer
43 251
39 431
170 710
-
chamber of commerce
173
158
683
-
health
1 635
1 491
4 369
-
pensions
5 428
4 949
14 507
-
accident
561
513
1 502
-
unemployment
1 297
1 183
3 468
-
surtax
-
-
-
-
payroll
1 297
1 183
5 120
-
other
2 054
1 872
7 640
-
total
12 445
11 349
37 289
-
Corporate
152 302
157 221
166 954
-
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.

38 075
39 305
41 738
-
total
38 075
39 305
41 738
-
Dividends
114 227
117 916
-
-
withholding
31 413
32 427
-
-
total
31 413
32 427
-
-
Income
208 000
208 000
208 000
208 000
Total tax
93 617
93 130
153 265
101 011
After tax
114 383
114 870
54 735
106 989
Living cost
31 567
31 567
31 567
31 567
Free-cash
82 816
83 303
23 168
75 422

Estimated living cost  is ₽31567 per week

₽18936
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3224
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽563
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8844
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽184977
₽153777
₽193297
₽182610
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
208 000
microenterprise

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

-
-
-
2 080
total
-
-
-
2 080
Employee
15 779
-
208 000
-
income
3 156
-
41 600
-
total
3 156
-
41 600
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

192 221
208 000
-
-
total
-
-
-
-
Dividends
192 221
208 000
-
-
withholding
9 611
10 400
-
-
total
9 611
10 400
-
-
Income
208 000
208 000
208 000
208 000
Total tax
12 767
10 400
41 600
2 080
After tax
195 233
197 600
166 400
205 920
Living cost
12 623
12 623
12 623
12 623
Free-cash
182 610
184 977
153 777
193 297

Estimated living cost  is ₽12623 per week

₽8542
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽530
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.
₽3127
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽116669
₽67051
₽71568
₽108393
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
208 000
income
-
-
-
51 128
unemployment
-
-
-
312
health
-
-
-
20 466
pensions
-
-
-
37 987
total
-
-
-
109 893
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.

43 753
-
179 976
-
unemployment
62
-
252
-
pensions
6 782
-
27 896
-
income
7 545
-
46 612
-
health
2 826
-
11 626
-
total
17 215
-
86 386
-
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.

43 753
-
179 976
-
health
2 914
-
11 987
-
pensions
3 872
-
15 928
-
unemployment
26
-
109
-
total
6 812
-
28 024
-
Corporate
157 434
208 000
-
-
income
29 913
39 521
-
-
total
29 913
39 521
-
-
Dividends
127 522
168 479
-
-
withholding
19 128
25 271
-
-
total
19 128
25 271
-
-
Income
208 000
208 000
208 000
208 000
Total tax
73 068
64 792
114 410
109 893
After tax
134 932
143 208
93 590
98 107
Living cost
26 539
26 539
26 539
26 539
Free-cash
108 393
116 669
67 051
71 568

Estimated living cost  is ₽26539 per week

₽18213
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1701
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽514
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6112
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83120
₽151332
₽100318
₽35246
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
208 000
income
-
-
-
40 543
social contributions
-
-
-
23 712
total
-
-
-
64 255
Employee
62 268
-
-
-
social contributions
5 106
-
728
-
income
13 735
-
-
-
total
18 841
-
728
-
Employer
62 268
-
-
-
social contributions
87 798
-
12 513
-
total
87 798
-
12 513
-
Corporate
57 935
208 000
-
-
income
12 746
45 760
-
-
total
12 746
45 760
-
-
Dividends
45 189
162 240
-
-
income
9 942
35 693
-
-
total
9 942
35 693
-
-
Income
208 000
208 000
208 000
208 000
Total tax
129 327
81 453
13 241
64 255
After tax
78 673
126 547
194 759
143 745
Living cost
43 427
43 427
43 427
43 427
Free-cash
35 246
83 120
151 332
100 318

Estimated living cost  is ₽43427 per week

₽28177
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4084
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10612
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87274
₽62424
₽78195
₽86278
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
208 000
income
-
-
-
26 489
surtax
-
-
-
-
social contributions

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

-
-
-
72 280
total
-
-
-
98 769
Employee
45 507
-
168 081
-
surtax
-
-
-
-
social contributions
5 006
-
18 489
-
income
9 466
-
56 132
-
total
14 472
-
74 621
-
Employer
45 507
-
168 081
-
social contributions
10 808
-
39 919
-
total
10 808
-
39 919
-
Corporate
151 686
208 000
-
-
income
31 854
43 680
-
-
surtax
-
-
-
-
total
31 854
43 680
-
-
Dividends
119 831
164 320
-
-
withholding
33 552
46 010
-
-
total
33 552
46 010
-
-
Income
208 000
208 000
208 000
208 000
Total tax
90 686
89 690
114 540
98 769
After tax
117 314
118 310
93 460
109 231
Living cost
31 036
31 036
31 036
31 036
Free-cash
86 278
87 274
62 424
78 195

Estimated living cost  is ₽31036 per week

₽23221
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1831
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽518
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5466
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57043
₽62126
₽67296
₽63845
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
208 000
income
-
-
-
36 818
other
-
-
-
6 448
surtax
-
-
-
-
social contributions
-
-
-
5 926
health
-
-
-
9 848
pensions
-
-
-
33 875
total
-
-
-
92 915
Employee
61 971
-
159 292
-
pensions
7 009
-
11 777
-
surtax
-
-
-
-
social contributions
1 765
-
4 538
-
income
5 407
-
33 061
-
total
14 181
-
49 376
-
Employer
61 971
-
159 292
-
health
4 337
-
15 567
-
pensions
10 183
-
19 699
-
unemployment
2 510
-
6 452
-
social contributions
186
-
479
-
other
2 139
-
6 512
-
total
19 355
-
48 709
-
Corporate
126 674
208 000
-
-
income
35 469
58 239
-
-
surtax
-
-
-
-
total
35 469
58 239
-
-
Dividends
91 206
149 761
-
-
surtax
-
-
-
-
social contributions
15 688
25 760
-
-
withholding
11 673
19 169
-
-
total
27 361
44 929
-
-
Income
208 000
208 000
208 000
208 000
Total tax
96 366
103 168
98 085
92 915
After tax
111 634
104 832
109 915
115 085
Living cost
47 789
47 789
47 789
47 789
Free-cash
63 845
57 043
62 126
67 296

Estimated living cost  is ₽47789 per week

₽32343
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3909
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽655
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10881
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽157457
₽127810
₽122282
₽154134
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
208 000
income
-
-
-
10 216
social contributions
-
-
-
45 760
total
-
-
-
55 976
Employee
31 810
-
180 087
-
income
-
-
10 830
-
social contributions
2 067
-
11 705
-
total
2 067
-
22 535
-
Employer
31 810
-
180 087
-
social contributions
4 931
-
27 913
-
total
4 931
-
27 913
-
Corporate
171 260
208 000
-
-
income
17 126
20 801
-
-
total
17 126
20 801
-
-
Dividends
154 134
187 199
-
-
total
-
-
-
-
Income
208 000
208 000
208 000
208 000
Total tax
24 124
20 801
50 448
55 976
After tax
183 876
187 199
157 552
152 024
Living cost
29 742
29 742
29 742
29 742
Free-cash
154 134
157 457
127 810
122 282

Estimated living cost  is ₽29742 per week

₽19231
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2242
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽560
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7710
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7469
-₽7469
₽73094
-₽7469
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
208 000
labour market
-
-
-
16 571
municipal
-
-
-
44 331
national
-
-
-
25 519
pensions
-
-
-
857
total
-
-
-
87 278
Employee
201 026
201 026
201 026
-
municipal
42 807
42 807
42 807
-
labour market
16 059
16 059
16 059
-
pensions
286
286
286
-
national
24 559
24 559
24 559
-
total
83 711
83 711
83 711
-
Employer
201 026
201 026
201 026
-
national
24 602
24 602
24 602
-
labour market
16 082
16 082
16 082
-
pensions
571
571
571
-
municipal
42 875
42 875
42 875
-
total
84 130
84 130
84 130
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
208 000
208 000
208 000
208 000
Total tax
167 841
167 841
167 841
87 278
After tax
40 159
40 159
40 159
120 722
Living cost
47 628
47 628
47 628
47 628
Free-cash
-7 469
-7 469
-7 469
73 094

Estimated living cost  is ₽47628 per week

₽32597
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4213
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽732
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10085
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4889
₽92347
₽120339
₽13514
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
208 000
accident
-
-
-
253
income
-
-
-
58 939
other
-
-
-
372
health
-
-
-
2 187
pensions
-
-
-
4 173
total
-
-
-
65 924
Employee
34 194
-
189 158
-
pensions
3 850
-
7 651
-
income
4 691
-
45 766
-
health
3 915
-
21 658
-
total
12 456
-
75 075
-
Employer
34 194
-
189 158
-
pensions
5 560
-
11 048
-
accident
571
-
3 159
-
unemployment
838
-
4 634
-
total
6 969
-
18 841
-
Corporate
166 838
208 000
-
-
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.

150 154
187 200
-
-
total
150 154
187 200
-
-
Dividends
16 684
20 800
-
-
withholding
3 170
3 952
-
-
total
3 170
3 952
-
-
Income
208 000
208 000
208 000
208 000
Total tax
172 749
191 152
93 916
65 924
After tax
35 251
16 848
114 084
142 076
Living cost
21 737
21 737
21 737
21 737
Free-cash
13 514
-4 889
92 347
120 339

Estimated living cost  is ₽21737 per week

₽15822
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1239
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4268
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90257
₽67446
₽91274
₽93312
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
208 000
health
-
-
-
2 790
municipal
-
-
-
36 937
national
-
-
-
39 012
total
-
-
-
78 739
Employee
52 057
-
174 980
-
municipal
8 526
-
28 488
-
unemployment
781
-
2 625
-
pensions
3 513
-
11 810
-
national
860
-
24 342
-
health
389
-
2 281
-
total
14 069
-
69 546
-
Employer
52 057
-
174 980
-
health
400
-
1 348
-
pensions
9 032
-
30 360
-
accident
53
-
175
-
unemployment
338
-
1 138
-
total
9 823
-
33 021
-
Corporate
146 121
208 000
-
-
income
29 224
41 599
-
-
total
29 224
41 599
-
-
Dividends

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

87 673
124 800
-
-
municipal
15 782
22 464
-
-
national
7 803
15 693
-
-
total
23 585
38 157
-
-
Income
208 000
208 000
208 000
208 000
Total tax
76 701
79 756
102 567
78 739
After tax
131 299
128 244
105 433
129 261
Living cost
37 987
37 987
37 987
37 987
Free-cash
93 312
90 257
67 446
91 274

Estimated living cost  is ₽37987 per week

₽24813
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3654
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽605
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8917
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽128719
₽115833
₽117572
₽123333
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
208 000
income
-
-
-
46 207
social contributions
-
-
-
16 009
health
-
-
-
5 304
total
-
-
-
67 520
Employee
76 083
76 083
195 859
-
social contributions
2 877
6 315
8 517
-
income
8 284
7 043
45 272
-
health
590
1 294
3 329
-
total
11 751
14 652
57 118
-
Employer
76 083
76 083
195 859
-
health
640
1 408
3 624
-
social contributions
2 877
6 315
8 517
-
total
3 517
7 723
12 141
-
Corporate
169 824
124 194
-
-
income
21 229
15 524
-
-
total
21 229
15 524
-
-
Dividends
148 596
108 669
-
-
withholding
25 262
18 474
-
-
total
25 262
18 474
-
-
Income
208 000
208 000
208 000
208 000
Total tax
61 759
56 373
69 259
67 520
After tax
146 241
151 627
138 741
140 480
Living cost
22 908
22 908
22 908
22 908
Free-cash
123 333
128 719
115 833
117 572

Estimated living cost  is ₽22908 per week

₽13729
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2248
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽507
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6425
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽156535
₽141101
₽160947
₽151502
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
208 000
income
-
-
-
21 441
unemployment
-
-
-
28
health
-
-
-
3 581
pensions
-
-
-
6 294
total
-
-
-
31 344
Employee

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

22 711
-
198 330
-
unemployment
113
-
469
-
pensions
3 406
-
14 082
-
income
1 553
-
18 989
-
health
1 930
-
7 980
-
total
7 002
-
41 520
-
Employer

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

22 711
-
198 330
-
health
976
-
4 037
-
pensions
1 249
-
5 164
-
unemployment
113
-
469
-
total
2 338
-
9 670
-
Corporate
182 951
208 000
-
-
income
16 465
18 720
-
-
total
16 465
18 720
-
-
Dividends
166 486
189 280
-
-
withholding
14 984
17 036
-
-
total
14 984
17 036
-
-
Income
208 000
208 000
208 000
208 000
Total tax
40 789
35 756
51 190
31 344
After tax
167 211
172 244
156 810
176 656
Living cost
15 709
15 709
15 709
15 709
Free-cash
151 502
156 535
141 101
160 947

Estimated living cost  is ₽15709 per week

₽10023
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1132
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4086
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽111031
₽84991
₽89142
₽106660
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
208 000
accident
-
-
-
826
income
-
-
-
64 136
other
-
-
-
92
unemployment
-
-
-
642
pensions
-
-
-
25 953
total
-
-
-
91 649
Employee
36 586
-
178 763
-
other
36
-
92
-
unemployment
567
-
1 421
-
pensions
1 720
-
4 311
-
income
7 053
-
60 739
-
total
9 376
-
66 563
-
Employer
36 586
-
178 763
-
pensions
8 633
-
21 644
-
accident
725
-
1 816
-
unemployment
2 013
-
5 043
-
other
293
-
734
-
total
11 664
-
29 237
-
Corporate
159 750
208 000
-
-
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.

23 963
31 199
-
-
total
23 963
31 199
-
-
Dividends
135 788
176 801
-
-
withholding
29 128
38 561
-
-
total
29 128
38 561
-
-
Income
208 000
208 000
208 000
208 000
Total tax
74 131
69 760
95 800
91 649
After tax
133 869
138 240
112 200
116 351
Living cost
27 209
27 209
27 209
27 209
Free-cash
106 660
111 031
84 991
89 142

Estimated living cost  is ₽27209 per week

₽18365
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2616
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5751
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽127857
₽131991
₽132129
₽127540
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
208 000
income
-
-
-
71 502
health
-
-
-
1 023
pensions
-
-
-
1 411
total
-
-
-
73 936
Employee
2 947
-
206 412
-
unemployment
29
-
71
-
pensions
265
-
635
-
income
570
-
71 428
-
health
147
-
353
-
total
1 011
-
72 487
-
Employer
2 947
-
206 412
-
health
280
-
670
-
pensions
324
-
776
-
unemployment
59
-
141
-
total
663
-
1 587
-
Corporate
204 390
208 000
-
-
income
44 966
45 760
-
-
total
44 966
45 760
-
-
Dividends
159 424
162 240
-
-
withholding
31 885
32 448
-
-
total
31 885
32 448
-
-
Income
208 000
208 000
208 000
208 000
Total tax
78 525
78 208
74 074
73 936
After tax
129 475
129 792
133 926
134 064
Living cost
1 935
1 935
1 935
1 935
Free-cash
127 540
127 857
131 991
132 129

Estimated living cost  is ₽1935 per week

₽1150
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽157
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽44
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽584
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽133170
₽115384
₽115384
₽128301
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
208 000
income
-
-
-
47 867
unemployment
-
-
-
1 097
health
-
-
-
7 531
pensions
-
-
-
19 011
total
-
-
-
75 506
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.

25 801
-
194 912
-
unemployment
194
-
548
-
pensions
3 612
-
10 237
-
income
3 556
-
47 867
-
health
1 329
-
3 766
-
total
8 691
-
62 418
-
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.

25 801
-
194 912
-
health
1 329
-
3 766
-
pensions
3 096
-
8 774
-
unemployment
194
-
548
-
total
4 619
-
13 088
-
Corporate
177 580
208 000
-
-
income
26 637
31 200
-
-
total
26 637
31 200
-
-
Dividends
150 943
176 800
-
-
withholding
22 642
26 520
-
-
total
22 642
26 520
-
-
Income
208 000
208 000
208 000
208 000
Total tax
62 589
57 720
75 506
75 506
After tax
145 411
150 280
132 494
132 494
Living cost
17 110
17 110
17 110
17 110
Free-cash
128 301
133 170
115 384
115 384

Estimated living cost  is ₽17110 per week

₽11520
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1323
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3771
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Belgrade model

Close
Porto , Portugal
₽91635
₽66785
₽82556
₽91279
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
208 000
income
-
-
-
26 489
surtax
-
-
-
-
social contributions

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

-
-
-
72 280
total
-
-
-
98 769
Employee
38 403
-
168 081
-
surtax
-
-
-
-
social contributions
4 225
-
18 489
-
income
7 504
-
56 132
-
total
11 729
-
74 621
-
Employer
38 403
-
168 081
-
social contributions
9 120
-
39 919
-
total
9 120
-
39 919
-
Corporate
160 478
208 000
-
-
income
33 700
43 680
-
-
surtax
-
-
-
-
total
33 700
43 680
-
-
Dividends
126 778
164 320
-
-
withholding
35 497
46 010
-
-
total
35 497
46 010
-
-
Income
208 000
208 000
208 000
208 000
Total tax
90 046
89 690
114 540
98 769
After tax
117 954
118 310
93 460
109 231
Living cost
26 675
26 675
26 675
26 675
Free-cash
91 279
91 635
66 785
82 556

Estimated living cost  is ₽26675 per week

₽18893
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1853
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽473
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5456
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽103467
₽77427
₽81578
₽96991
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
208 000
accident
-
-
-
826
income
-
-
-
64 136
other
-
-
-
92
unemployment
-
-
-
642
pensions
-
-
-
25 953
total
-
-
-
91 649
Employee
47 786
-
178 763
-
other
47
-
92
-
unemployment
740
-
1 421
-
pensions
2 246
-
4 311
-
income
9 981
-
60 739
-
total
13 014
-
66 563
-
Employer
47 786
-
178 763
-
pensions
11 277
-
21 644
-
accident
946
-
1 816
-
unemployment
2 629
-
5 043
-
other
383
-
734
-
total
15 235
-
29 237
-
Corporate
144 979
208 000
-
-
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.

21 747
31 199
-
-
total
21 747
31 199
-
-
Dividends
123 232
176 801
-
-
withholding
26 240
38 561
-
-
total
26 240
38 561
-
-
Income
208 000
208 000
208 000
208 000
Total tax
76 236
69 760
95 800
91 649
After tax
131 764
138 240
112 200
116 351
Living cost
34 773
34 773
34 773
34 773
Free-cash
96 991
103 467
77 427
81 578

Estimated living cost  is ₽34773 per week

₽24973
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2704
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.
₽6607
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽160817
₽159069
₽150548
₽154787
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
208 000
income
-
-
-
31 200
unemployment
-
-
-
138
health
-
-
-
3 975
pensions

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

-
-
-
5 116
total
-
-
-
40 429
Employee
22 540
-
201 219
-
accident

We are using the highest rate at 1.1%.

248
-
380
-
pensions

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

1 979
-
3 035
-
income
2 254
-
20 122
-
health
1 037
-
1 590
-
total
5 518
-
25 127
-
Employer
22 540
-
201 219
-
health
1 555
-
2 385
-
pensions

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

2 484
-
3 809
-
accident

We are using the highest rate at 1.1%.

248
-
380
-
unemployment
135
-
207
-
total
4 422
-
6 781
-
Corporate
181 037
208 000
-
-
income
18 103
20 800
-
-
total
18 103
20 800
-
-
Dividends
162 934
187 200
-
-
withholding
8 147
9 360
-
-
total
8 147
9 360
-
-
Income
208 000
208 000
208 000
208 000
Total tax
36 190
30 160
31 908
40 429
After tax
171 810
177 840
176 092
167 571
Living cost
17 023
17 023
17 023
17 023
Free-cash
154 787
160 817
159 069
150 548

Estimated living cost  is ₽17023 per week

₽11259
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽975
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽406
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4384
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68794
₽91265
₽68018
₽81735
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
208 000
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.

-
-
-
68 033
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.

-
-
-
3 742
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.

-
-
-
6 760
trade
-
-
-
23 247
total
-
-
-
101 782
Employee

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

49 231
-
208 000
-
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.

223
-
3 742
-
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.

4 048
-
68 033
-
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.

6 760
-
6 760
-
total
11 031
-
78 535
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
158 769
208 000
-
-
income
23 816
31 199
-
-
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.

1 311
1 716
-
-
chamber of commerce
383
454
-
-
trade
22 783
29 847
-
-
total
48 293
63 216
-
-
Dividends
110 476
144 783
-
-
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.

1 498
1 970
-
-
withholding
27 243
35 820
-
-
total
28 741
37 790
-
-
Income
208 000
208 000
208 000
208 000
Total tax
88 065
101 006
78 535
101 782
After tax
119 935
106 994
129 465
106 218
Living cost
38 200
38 200
38 200
38 200
Free-cash
81 735
68 794
91 265
68 018

Estimated living cost  is ₽38200 per week

₽26351
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4110
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽554
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7184
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89237
₽49308
₽49308
₽91422
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
208 000
income
-
-
-
66 846
social contributions
-
-
-
35 483
total
-
-
-
102 329
Employee
77 397
-
208 000
-
income
14 604
-
66 846
-
social contributions
6 430
-
35 483
-
total
21 034
-
102 329
-
Employer
77 397
-
208 000
-
total
-
-
-
-
Corporate
130 603
208 000
-
-
income
16 326
26 000
-
-
total
16 326
26 000
-
-
Dividends
114 277
182 000
-
-
withholding
22 855
36 400
-
-
total
22 855
36 400
-
-
Income
208 000
208 000
208 000
208 000
Total tax
60 215
62 400
102 329
102 329
After tax
147 785
145 600
105 671
105 671
Living cost
56 363
56 363
56 363
56 363
Free-cash
91 422
89 237
49 308
49 308

Estimated living cost  is ₽56363 per week

₽42880
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4593
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8352
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94056
₽109918
₽134879
₽97514
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
208 000
income
-
-
-
31 199
health

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

-
-
-
6 005
total
-
-
-
37 204
Employee
45 390
-
203 449
-
income
4 925
-
53 063
-
social contributions
4 548
-
4 551
-
total
9 473
-
57 614
-
Employer
45 390
-
203 449
-
social contributions
4 548
-
4 551
-
total
4 548
-
4 551
-
Corporate
158 063
208 000
-
-
income
55 321
72 800
-
-
total
55 321
72 800
-
-
Dividends
102 741
135 200
-
-
social contributions
5 227
5 227
-
-
total
5 227
5 227
-
-
Income
208 000
208 000
208 000
208 000
Total tax
74 569
78 027
62 165
37 204
After tax
133 431
129 973
145 835
170 796
Living cost
35 917
35 917
35 917
35 917
Free-cash
97 514
94 056
109 918
134 879

Estimated living cost  is ₽35917 per week

₽23658
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2832
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8876
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95831
₽80092
₽98731
₽101670
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
208 000
income
-
-
-
63 093
pensions
-
-
-
9 556
total
-
-
-
72 649
Employee
50 266
-
181 383
-
pensions
3 837
-
11 504
-
income
9 154
-
50 670
-
health
656
-
2 497
-
total
13 647
-
64 671
-
Employer
50 266
-
181 383
-
health
955
-
3 446
-
pensions
5 078
-
23 171
-
total
6 033
-
26 617
-
Corporate
151 700
208 000
-
-
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.

28 823
39 521
-
-
total
28 823
39 521
-
-
Dividends
122 877
168 479
-
-
withholding
21 207
36 028
-
-
total
21 207
36 028
-
-
Income
208 000
208 000
208 000
208 000
Total tax
69 710
75 549
91 288
72 649
After tax
138 290
132 451
116 712
135 351
Living cost
36 620
36 620
36 620
36 620
Free-cash
101 670
95 831
80 092
98 731

Estimated living cost  is ₽36620 per week

₽25121
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3368
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7671
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽7041
₽90195
₽118187
₽13183
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
208 000
accident
-
-
-
253
income
-
-
-
58 939
other
-
-
-
372
health
-
-
-
2 187
pensions
-
-
-
4 173
total
-
-
-
65 924
Employee
37 578
-
189 158
-
pensions
4 231
-
7 651
-
income
5 155
-
45 766
-
health
4 303
-
21 658
-
total
13 689
-
75 075
-
Employer
37 578
-
189 158
-
pensions
6 110
-
11 048
-
accident
628
-
3 159
-
unemployment
921
-
4 634
-
total
7 659
-
18 841
-
Corporate
162 764
208 000
-
-
income

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

146 487
187 200
-
-
total
146 487
187 200
-
-
Dividends
16 276
20 800
-
-
withholding
3 093
3 952
-
-
total
3 093
3 952
-
-
Income
208 000
208 000
208 000
208 000
Total tax
170 928
191 152
93 916
65 924
After tax
37 072
16 848
114 084
142 076
Living cost
23 889
23 889
23 889
23 889
Free-cash
13 183
-7 041
90 195
118 187

Estimated living cost  is ₽23889 per week

₽17532
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1392
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4484
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽145751
₽138063
₽116301
₽142756
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
208 000
income
-
-
-
34 803
unemployment
-
-
-
1 899
work injury
-
-
-
791
health insurance
-
-
-
11 713
pensions
-
-
-
29 124
total
-
-
-
78 330
Employee

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

21 391
-
208 000
-
health insurance
1 583
-
5 857
-
unemployment
257
-
950
-
work injury
107
-
396
-
pensions
3 936
-
14 562
-
income
2 139
-
34 803
-
total
8 022
-
56 568
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
186 609
208 000
-
-
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%.

18 661
20 800
-
-
total
18 661
20 800
-
-
Dividends
167 949
187 200
-
-
withholding
25 192
28 080
-
-
total
25 192
28 080
-
-
Income
208 000
208 000
208 000
208 000
Total tax
51 875
48 880
56 568
78 330
After tax
156 125
159 120
151 432
129 670
Living cost
13 369
13 369
13 369
13 369
Free-cash
142 756
145 751
138 063
116 301

Estimated living cost  is ₽13369 per week

₽8282
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽971
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽417
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3698
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70145
₽49238
₽57367
₽65643
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
208 000
social contributions
-
-
-
49 521
regional
-
-
-
4 947
municipal
-
-
-
1 427
national
-
-
-
55 321
total
-
-
-
111 216
Employee
83 377
-
208 000
-
municipal
498
-
1 288
-
national
14 090
-
48 699
-
regional
1 259
-
4 434
-
social contributions
28 114
-
64 924
-
total
43 961
-
119 345
-
Employer
83 377
-
208 000
-
total
-
-
-
-
Corporate
124 623
208 000
-
-
municipal
6 007
10 025
-
-
nationa
29 909
49 919
-
-
total
35 916
59 944
-
-
Dividends
88 708
148 056
-
-
withholding
23 063
38 494
-
-
total
23 063
38 494
-
-
Income
208 000
208 000
208 000
208 000
Total tax
102 940
98 438
119 345
111 216
After tax
105 060
109 562
88 655
96 784
Living cost
39 417
39 417
39 417
39 417
Free-cash
65 643
70 145
49 238
57 367

Estimated living cost  is ₽39417 per week

₽27688
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2711
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽595
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8421
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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

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

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

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

Close

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

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

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

Close