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
₽74878
₽99492
₽85823
₽73979
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 761
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.

-
-
-
68 031
trade
-
-
-
25 513
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.

-
-
-
3 741
total
-
-
-
104 046
Employee

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

37 851
-
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
-
3 741
-
income

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

1 057
-
68 031
-
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.

6 761
-
6 761
-
total
7 876
-
78 533
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
170 149
208 000
-
-
trade
26 799
32 760
-
-
chamber of commerce
394
449
-
-
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.

1 403
1 716
-
-
income
25 522
31 199
-
-
total
54 118
66 124
-
-
Dividends
116 030
141 875
-
-
withholding
28 632
35 092
-
-
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.

1 576
1 931
-
-
total
30 208
37 023
-
-
Income
208 000
208 000
208 000
208 000
Total tax
92 202
103 147
78 533
104 046
After tax
115 798
104 853
129 467
103 954
Living cost
29 975
29 975
29 975
29 975
Free-cash
85 823
74 878
99 492
73 979

Estimated living cost  is ₽29975 per week

₽18855
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3495
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.
₽7065
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77386
₽68980
₽76515
₽67864
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
37 564
pensions
-
-
-
24 960
municipal
-
-
-
22 970
total
-
-
-
87 730
Employee
81 239
-
179 814
-
national
15 549
-
39 328
-
municipal
10 034
-
23 775
-
pensions
3 250
-
7 193
-
total
28 833
-
70 296
-
Employer
81 239
-
179 814
-
pensions
6 499
-
14 385
-
social contributions
873
-
1 933
-
total
7 372
-
16 318
-
Corporate
114 027
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%.

22 805
41 600
-
-
total
22 805
41 600
-
-
Dividends
91 222
166 400
-
-
withholding
20 069
36 608
-
-
total
20 069
36 608
-
-
Income
208 000
208 000
208 000
208 000
Total tax
79 079
78 208
86 614
87 730
After tax
128 921
129 792
121 386
120 270
Living cost
52 406
52 406
52 406
52 406
Free-cash
76 515
77 386
68 980
67 864

Estimated living cost  is ₽52406 per week

₽35620
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4872
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.
₽11130
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽145812
₽69076
₽137693
₽54083
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
microenterprise
-
-
-
-
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.

-
-
-
37 917
income
-
-
-
42 371
surtax
-
-
-
53 041
total
-
-
-
133 329
Employee
28 917
-
161 790
-
surtax
-
-
23 460
-
income
5 148
-
35 695
-
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
-
12 973
-
total
8 329
-
72 128
-
Employer
28 917
-
161 790
-
surtax
-
-
17 796
-
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.

6 966
-
28 412
-
total
6 966
-
46 208
-
Corporate
172 117
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%.

34 424
41 600
-
-
total
34 424
41 600
-
-
Dividends

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

137 693
166 400
-
-
total
-
-
-
-
Income
208 000
208 000
208 000
208 000
Total tax
49 719
41 600
118 336
133 329
After tax
158 281
166 400
89 664
74 671
Living cost
20 588
20 588
20 588
20 588
Free-cash
137 693
145 812
69 076
54 083

Estimated living cost  is ₽20588 per week

₽13135
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1961
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽5026
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62025
₽91597
₽55962
₽71032
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
12 203
income
-
-
-
71 713
pensions
-
-
-
11 595
total
-
-
-
95 511
Employee
84 510
84 510
189 609
-
income

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

13 833
13 833
32 757
-
pensions
15 212
11 595
11 595
-
health
12 971
11 033
12 203
-
total
42 016
36 461
56 555
-
Employer
84 510
84 510
189 609
-
unemployment
3 042
3 042
3 780
-
pensions
5 882
5 882
7 311
-
health
5 874
5 874
7 300
-
total
14 798
14 798
18 391
-
Corporate
109 728
108 691
-
-
income
21 946
21 738
-
-
total
21 946
21 738
-
-
Dividends
87 781
86 953
-
-
withholding
13 167
13 043
-
-
income
18 654
18 478
-
-
total
31 821
31 521
-
-
Income
208 000
208 000
208 000
208 000
Total tax
110 581
104 518
74 946
95 511
After tax
97 419
103 482
133 054
112 489
Living cost
41 457
41 457
41 457
41 457
Free-cash
55 962
62 025
91 597
71 032

Estimated living cost  is ₽41457 per week

₽29380
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.
₽7681
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72261
₽62915
₽71332
₽63917
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
5 649
national
-
-
-
22 344
pensions
-
-
-
9 786
unemployment
-
-
-
91
other
-
-
-
10 520
accident
-
-
-
181
municipal
-
-
-
54 205
total
-
-
-
102 776
Employee
58 859
-
179 555
-
national
-
-
21 790
-
municipal
17 552
-
53 543
-
total
17 552
-
75 333
-
Employer
58 859
-
179 555
-
unemployment
1 554
-
2 390
-
pensions
6 363
-
9 786
-
accident
118
-
181
-
other
6 839
-
10 520
-
health
3 620
-
5 568
-
total
18 494
-
28 445
-
Corporate
130 648
208 000
-
-
income
28 743
45 760
-
-
total
28 743
45 760
-
-
Dividends
101 905
162 240
-
-
withholding
30 572
48 672
-
-
total
30 572
48 672
-
-
Income
208 000
208 000
208 000
208 000
Total tax
95 361
94 432
103 778
102 776
After tax
112 639
113 568
104 222
105 224
Living cost
41 307
41 307
41 307
41 307
Free-cash
71 332
72 261
62 915
63 917

Estimated living cost  is ₽41307 per week

₽27377
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4053
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽627
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9250
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64906
₽90590
₽78809
₽63943
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 761
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.

-
-
-
68 031
trade
-
-
-
26 647
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.

-
-
-
3 741
total
-
-
-
105 180
Employee

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

50 186
-
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
-
3 741
-
income

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

4 312
-
68 031
-
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.

6 761
-
6 761
-
total
11 310
-
78 533
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
157 814
208 000
-
-
trade
25 960
34 215
-
-
chamber of commerce
376
447
-
-
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
-
-
income
23 672
31 199
-
-
total
51 309
67 577
-
-
Dividends
106 505
140 422
-
-
withholding
26 251
34 730
-
-
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
-
-
total
27 695
36 640
-
-
Income
208 000
208 000
208 000
208 000
Total tax
90 314
104 217
78 533
105 180
After tax
117 686
103 783
129 467
102 820
Living cost
38 877
38 877
38 877
38 877
Free-cash
78 809
64 906
90 590
63 943

Estimated living cost  is ₽38877 per week

₽26001
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4100
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.
₽8196
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽119528
₽106643
₽115426
₽108383
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
5 303
social contributions
-
-
-
16 012
income
-
-
-
46 203
total
-
-
-
67 518
Employee
76 098
76 098
195 859
-
income
7 991
7 044
45 267
-
social contributions
3 698
6 316
8 519
-
health
757
1 294
3 330
-
total
12 446
14 654
57 116
-
Employer
76 098
76 098
195 859
-
social contributions
3 698
6 316
8 519
-
health
824
1 409
3 623
-
total
4 522
7 725
12 142
-
Corporate
158 934
124 178
-
-
income
19 867
15 522
-
-
total
19 867
15 522
-
-
Dividends
139 066
108 656
-
-
withholding
23 640
18 472
-
-
total
23 640
18 472
-
-
Income
208 000
208 000
208 000
208 000
Total tax
60 475
56 373
69 258
67 518
After tax
147 525
151 627
138 742
140 482
Living cost
32 099
32 099
32 099
32 099
Free-cash
115 426
119 528
106 643
108 383

Estimated living cost  is ₽32099 per week

₽21943
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.
₽7110
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98757
₽102563
₽99134
₽126076
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
14 560
income
-
-
-
25 428
pensions
-
-
-
20 800
unemployment
-
-
-
3 120
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.

26 007
10 350
174 059
-
unemployment
390
155
2 611
-
income
3 179
1 265
21 279
-
pensions
2 601
1 035
17 406
-
health
1 820
725
12 184
-
total
7 990
3 180
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.

26 007
10 350
174 059
-
pensions
5 071
2 018
33 941
-
total
5 071
2 018
33 941
-
Corporate
176 922
195 631
-
-
income
15 923
17 607
-
-
total
15 923
17 607
-
-
Dividends
160 999
178 024
-
-
withholding
30 590
33 825
-
-
social contributions
31 276
34 597
-
-
total
61 866
68 422
-
-
Income
208 000
208 000
208 000
208 000
Total tax
90 850
91 227
87 421
63 908
After tax
117 150
116 773
120 579
144 092
Living cost
18 016
18 016
18 016
18 016
Free-cash
99 134
98 757
102 563
126 076

Estimated living cost  is ₽18016 per week

₽12295
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1474
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽360
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3888
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽142497
₽95986
₽136348
₽87586
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
27 040
income
-
-
-
27 871
pensions
-
-
-
41 600
total
-
-
-
96 511
Employee
28 074
-
155 457
-
unemployment
449
-
2 486
-
income
3 161
-
29 973
-
pensions
562
-
3 110
-
total
4 172
-
35 569
-
Employer
28 074
-
155 457
-
unemployment
225
-
1 243
-
pensions
5 615
-
31 090
-
health
3 649
-
20 209
-
total
9 489
-
52 542
-
Corporate
170 436
208 000
-
-
income
34 088
41 600
-
-
total
34 088
41 600
-
-
Dividends
136 349
166 400
-
-
total
-
-
-
-
Income
208 000
208 000
208 000
208 000
Total tax
47 749
41 600
88 111
96 511
After tax
160 251
166 400
119 889
111 489
Living cost
23 903
23 903
23 903
23 903
Free-cash
136 348
142 497
95 986
87 586

Estimated living cost  is ₽23903 per week

₽16395
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1424
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.
₽5604
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5056
₽92224
₽13489
₽120168
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
2 171
income
-
-
-
58 994
pensions
-
-
-
4 143
other
-
-
-
369
accident
-
-
-
251
total
-
-
-
65 928
Employee
34 456
-
189 234
-
income
4 727
-
45 844
-
pensions
3 880
-
7 596
-
health
3 945
-
21 667
-
total
12 552
-
75 107
-
Employer
34 456
-
189 234
-
unemployment
844
-
4 636
-
pensions
5 603
-
10 969
-
accident
575
-
3 160
-
total
7 022
-
18 765
-
Corporate
166 522
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.

149 869
187 200
-
-
total
149 869
187 200
-
-
Dividends
16 652
20 800
-
-
withholding
3 164
3 952
-
-
total
3 164
3 952
-
-
Income
208 000
208 000
208 000
208 000
Total tax
172 607
191 152
93 872
65 928
After tax
35 393
16 848
114 128
142 072
Living cost
21 904
21 904
21 904
21 904
Free-cash
13 489
-5 056
92 224
120 168

Estimated living cost  is ₽21904 per week

₽16054
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1214
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4180
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽189393
₽158193
₽187855
₽197713
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
10 258
-
208 000
-
income
2 051
-
41 600
-
total
2 051
-
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%.

197 742
208 000
-
-
total
-
-
-
-
Dividends
197 742
208 000
-
-
withholding
9 887
10 400
-
-
total
9 887
10 400
-
-
Income
208 000
208 000
208 000
208 000
Total tax
11 938
10 400
41 600
2 080
After tax
196 062
197 600
166 400
205 920
Living cost
8 207
8 207
8 207
8 207
Free-cash
187 855
189 393
158 193
197 713

Estimated living cost  is ₽8207 per week

₽5086
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽682
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽226
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2213
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽126446
₽94651
₽119766
₽96402
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
6 622
income
-
-
-
35 340
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.

-
-
-
36 118
other
-
-
-
7 148
total
-
-
-
85 228
Employee
35 932
-
169 922
-
unemployment
359
-
1 504
-
income
6 186
-
34 756
-
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.

2 515
-
10 534
-
health
503
-
2 107
-
total
9 563
-
48 901
-
Employer
35 932
-
169 922
-
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.

6 109
-
25 584
-
accident
287
-
1 360
-
other
1 797
-
7 523
-
health
503
-
2 107
-
total
9 055
-
38 078
-
Corporate
163 012
208 000
-
-
income
34 232
43 681
-
-
total
34 232
43 681
-
-
Dividends
128 780
164 319
-
-
withholding
9 014
11 503
-
-
total
9 014
11 503
-
-
Income
208 000
208 000
208 000
208 000
Total tax
61 864
55 184
86 979
85 228
After tax
146 136
152 816
121 021
122 772
Living cost
26 370
26 370
26 370
26 370
Free-cash
119 766
126 446
94 651
96 402

Estimated living cost  is ₽26370 per week

₽18632
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.
₽5533
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66455
₽50709
₽74403
₽69345
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
63 070
pensions
-
-
-
9 564
total
-
-
-
72 634
Employee
93 410
-
181 385
-
income
16 838
-
50 645
-
pensions
9 012
-
11 514
-
health
1 539
-
2 496
-
total
27 389
-
64 655
-
Employer
93 410
-
181 385
-
pensions
11 029
-
23 169
-
health
1 774
-
3 446
-
total
12 803
-
26 615
-
Corporate
101 787
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.

19 341
39 520
-
-
total
19 341
39 520
-
-
Dividends
82 446
168 480
-
-
withholding
8 043
36 004
-
-
total
8 043
36 004
-
-
Income
208 000
208 000
208 000
208 000
Total tax
67 576
75 524
91 270
72 634
After tax
140 424
132 476
116 730
135 366
Living cost
66 021
66 021
66 021
66 021
Free-cash
74 403
66 455
50 709
69 345

Estimated living cost  is ₽66021 per week

₽49471
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7757
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽537
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8257
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽164894
₽163172
₽160307
₽154646
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 966
income
-
-
-
31 200
pensions

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

-
-
-
5 104
unemployment
-
-
-
138
total
-
-
-
40 408
Employee
17 142
-
201 233
-
income
1 714
-
20 123
-
accident

We are using the highest rate at 1.1%.

189
-
379
-
pensions

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

1 505
-
3 028
-
health
788
-
1 586
-
total
4 196
-
25 116
-
Employer
17 142
-
201 233
-
unemployment
103
-
207
-
pensions

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

1 889
-
3 800
-
accident

We are using the highest rate at 1.1%.

189
-
379
-
health
1 183
-
2 380
-
total
3 364
-
6 766
-
Corporate
187 495
208 000
-
-
income
18 750
20 800
-
-
total
18 750
20 800
-
-
Dividends
168 745
187 200
-
-
withholding
8 437
9 360
-
-
total
8 437
9 360
-
-
Income
208 000
208 000
208 000
208 000
Total tax
34 747
30 160
31 882
40 408
After tax
173 253
177 840
176 118
167 592
Living cost
12 946
12 946
12 946
12 946
Free-cash
160 307
164 894
163 172
154 646

Estimated living cost  is ₽12946 per week

₽7558
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽924
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽343
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4120
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48606
₽78178
₽51095
₽57613
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
12 203
income
-
-
-
71 713
pensions
-
-
-
11 595
total
-
-
-
95 511
Employee
91 751
84 510
189 609
-
income

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

13 833
13 833
32 757
-
pensions
11 595
11 595
11 595
-
health
11 446
11 033
12 203
-
total
36 874
36 461
56 555
-
Employer
91 751
84 510
189 609
-
unemployment
3 303
3 042
3 780
-
pensions
6 385
5 882
7 311
-
health
6 376
5 874
7 300
-
total
16 064
14 798
18 391
-
Corporate
100 185
108 691
-
-
income
20 036
21 738
-
-
total
20 036
21 738
-
-
Dividends
80 148
86 953
-
-
withholding
12 023
13 043
-
-
income
17 032
18 478
-
-
total
29 055
31 521
-
-
Income
208 000
208 000
208 000
208 000
Total tax
102 029
104 518
74 946
95 511
After tax
105 971
103 482
133 054
112 489
Living cost
54 876
54 876
54 876
54 876
Free-cash
51 095
48 606
78 178
57 613

Estimated living cost  is ₽54876 per week

₽40480
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4902
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.
₽8866
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽118791
₽88035
₽110080
₽96938
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
28 080
social contributions
-
-
-
35 135
income
-
-
-
21 718
solidarity contribution
-
-
-
1 712
total
-
-
-
86 645
Employee
35 907
-
163 228
-
income
4 309
-
20 006
-
solidarity contribution
-
-
913
-
social contributions
2 334
-
7 821
-
health
4 847
-
22 036
-
total
11 490
-
50 776
-
Employer
35 907
-
163 228
-
social contributions
8 977
-
30 081
-
health
3 232
-
14 691
-
total
12 209
-
44 772
-
Corporate
159 885
208 000
-
-
income
30 378
39 520
-
-
total
30 378
39 520
-
-
Dividends
129 507
168 480
-
-
withholding
19 426
25 272
-
-
total
19 426
25 272
-
-
Income
208 000
208 000
208 000
208 000
Total tax
73 503
64 792
95 548
86 645
After tax
134 497
143 208
112 452
121 355
Living cost
24 417
24 417
24 417
24 417
Free-cash
110 080
118 791
88 035
96 938

Estimated living cost  is ₽24417 per week

₽16960
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1737
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5239
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69218
₽49176
₽64050
₽57567
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
49 531
national
-
-
-
55 315
regional
-
-
-
2 560
municipal
-
-
-
1 268
total
-
-
-
108 674
Employee
87 952
-
208 000
-
regional
830
-
2 294
-
national
15 240
-
48 691
-
municipal
466
-
1 144
-
social contributions
29 657
-
64 936
-
total
46 193
-
117 065
-
Employer
87 952
-
208 000
-
total
-
-
-
-
Corporate
120 048
208 000
-
-
nationa
28 812
49 919
-
-
municipal
4 682
8 111
-
-
total
33 494
58 030
-
-
Dividends
86 554
149 970
-
-
withholding
22 504
38 993
-
-
total
22 504
38 993
-
-
Income
208 000
208 000
208 000
208 000
Total tax
102 191
97 023
117 065
108 674
After tax
105 809
110 977
90 935
99 326
Living cost
41 759
41 759
41 759
41 759
Free-cash
64 050
69 218
49 176
57 567

Estimated living cost  is ₽41759 per week

₽29109
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.
₽9270
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽108993
₽70093
₽105914
₽76145
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
9 377
income
-
-
-
63 495
pensions
-
-
-
26 416
unemployment
-
-
-
225
other
-
-
-
-
surtax
-
-
-
10 504
total
-
-
-
110 017
Employee
32 726
-
180 198
-
surtax
107
-
9 321
-
unemployment
2 278
-
9 193
-
income
5 486
-
57 576
-
pensions
2 182
-
8 810
-
health
836
-
3 367
-
other
-
-
-
-
total
10 889
-
88 267
-
Employer
32 726
-
180 198
-
unemployment
1 037
-
4 186
-
pensions
4 363
-
17 606
-
other
-
-
-
-
health
1 489
-
6 010
-
total
6 889
-
27 802
-
Corporate
168 385
208 000
-
-
income
43 780
54 081
-
-
total
43 780
54 081
-
-
Dividends
124 605
153 919
-
-
withholding
18 690
23 088
-
-
total
18 690
23 088
-
-
Income
208 000
208 000
208 000
208 000
Total tax
80 248
77 169
116 069
110 017
After tax
127 752
130 831
91 931
97 983
Living cost
21 838
21 838
21 838
21 838
Free-cash
105 914
108 993
70 093
76 145

Estimated living cost  is ₽21838 per week

₽13353
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.
₽5966
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87372
₽71626
₽93892
₽90262
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
63 070
pensions
-
-
-
9 564
total
-
-
-
72 634
Employee
62 601
-
181 385
-
income
11 275
-
50 645
-
pensions
5 313
-
11 514
-
health
909
-
2 496
-
total
17 497
-
64 655
-
Employer
62 601
-
181 385
-
pensions
6 777
-
23 169
-
health
1 189
-
3 446
-
total
7 966
-
26 615
-
Corporate
137 433
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.

26 113
39 520
-
-
total
26 113
39 520
-
-
Dividends
111 321
168 480
-
-
withholding
17 428
36 004
-
-
total
17 428
36 004
-
-
Income
208 000
208 000
208 000
208 000
Total tax
69 004
75 524
91 270
72 634
After tax
138 996
132 476
116 730
135 366
Living cost
45 104
45 104
45 104
45 104
Free-cash
93 892
87 372
71 626
90 262

Estimated living cost  is ₽45104 per week

₽33792
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3381
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7459
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽14878
₽77607
₽49207
₽86316
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
468
national
-
-
-
4 481
pensions
-
-
-
19 136
regional
-
-
-
11 009
city
-
-
-
2 193
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.

-
-
-
4 161
total
-
-
-
41 448
Employee
93 897
-
186 552
-
regional
3 075
-
9 624
-
national
444
-
3 466
-
unemployment
-
-
-
-
pensions
7 889
-
15 243
-
health
212
-
420
-
city
1 008
-
2 009
-
total
12 628
-
30 762
-
Employer
93 897
-
186 552
-
unemployment
-
-
-
-
pensions
7 889
-
15 243
-
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.

1 877
-
3 732
-
health
212
-
420
-
total
9 978
-
19 395
-
Corporate
103 092
208 000
-
-
national
8 762
17 679
-
-
regional
21 805
43 991
-
-
total
30 567
61 670
-
-
Dividends
72 525
146 330
-
-
withholding
25 384
51 216
-
-
total
25 384
51 216
-
-
Income
208 000
208 000
208 000
208 000
Total tax
78 557
112 886
50 157
41 448
After tax
129 443
95 114
157 843
166 552
Living cost
80 236
80 236
80 236
80 236
Free-cash
49 207
14 878
77 607
86 316

Estimated living cost  is ₽80236 per week

₽52176
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7200
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽985
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19874
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽57379
₽84132
₽73427
₽56351
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 761
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.

-
-
-
68 031
trade
-
-
-
27 781
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.

-
-
-
3 741
total
-
-
-
106 314
Employee

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

59 475
-
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
-
3 741
-
income

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

6 994
-
68 031
-
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.

6 761
-
6 761
-
total
14 140
-
78 533
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
148 525
208 000
-
-
trade
25 471
35 673
-
-
chamber of commerce
359
443
-
-
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.

1 224
1 716
-
-
income
22 279
31 199
-
-
total
49 333
69 031
-
-
Dividends
99 192
138 968
-
-
withholding
24 422
34 366
-
-
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
1 889
-
-
total
25 765
36 255
-
-
Income
208 000
208 000
208 000
208 000
Total tax
89 238
105 286
78 533
106 314
After tax
118 762
102 714
129 467
101 686
Living cost
45 335
45 335
45 335
45 335
Free-cash
73 427
57 379
84 132
56 351

Estimated living cost  is ₽45335 per week

₽33111
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.
₽8010
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70973
₽76067
₽76817
₽81230
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
9 846
social contributions
-
-
-
5 927
income
-
-
-
36 812
pensions
-
-
-
33 880
other
-
-
-
6 447
surtax
-
-
-
-
total
-
-
-
92 912
Employee
42 355
-
159 294
-
surtax
-
-
-
-
income
2 500
-
33 058
-
social contributions
1 208
-
4 539
-
pensions
4 789
-
11 773
-
total
8 497
-
49 370
-
Employer
42 355
-
159 294
-
unemployment
1 715
-
6 451
-
pensions
6 958
-
19 699
-
social contributions
128
-
477
-
other
1 461
-
6 512
-
health
2 965
-
15 566
-
total
13 227
-
48 705
-
Corporate
152 419
208 000
-
-
surtax
-
-
-
-
income
42 678
58 241
-
-
total
42 678
58 241
-
-
Dividends
109 741
149 759
-
-
withholding
14 047
19 169
-
-
surtax
-
-
-
-
social contributions
18 876
25 759
-
-
total
32 923
44 928
-
-
Income
208 000
208 000
208 000
208 000
Total tax
97 325
103 169
98 075
92 912
After tax
110 675
104 831
109 925
115 088
Living cost
33 858
33 858
33 858
33 858
Free-cash
76 817
70 973
76 067
81 230

Estimated living cost  is ₽33858 per week

₽21349
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.
₽577
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9182
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74327
₽79421
₽79825
₽84584
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
9 846
social contributions
-
-
-
5 927
income
-
-
-
36 812
pensions
-
-
-
33 880
other
-
-
-
6 447
surtax
-
-
-
-
total
-
-
-
92 912
Employee
37 807
-
159 294
-
surtax
-
-
-
-
income
1 949
-
33 058
-
social contributions
1 078
-
4 539
-
pensions
4 276
-
11 773
-
total
7 303
-
49 370
-
Employer
37 807
-
159 294
-
unemployment
1 531
-
6 451
-
pensions
6 212
-
19 699
-
social contributions
113
-
477
-
other
1 305
-
6 512
-
health
2 646
-
15 566
-
total
11 807
-
48 705
-
Corporate
158 386
208 000
-
-
surtax
-
-
-
-
income
44 347
58 241
-
-
total
44 347
58 241
-
-
Dividends
114 038
149 759
-
-
withholding
14 598
19 169
-
-
surtax
-
-
-
-
social contributions
19 616
25 759
-
-
total
34 214
44 928
-
-
Income
208 000
208 000
208 000
208 000
Total tax
97 671
103 169
98 075
92 912
After tax
110 329
104 831
109 925
115 088
Living cost
30 504
30 504
30 504
30 504
Free-cash
79 825
74 327
79 421
84 584

Estimated living cost  is ₽30504 per week

₽17691
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3099
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.
₽9136
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽105913
₽107315
₽106429
₽112594
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
14 519
social contributions
-
-
-
28 703
income
-
-
-
31 199
total
-
-
-
74 421
Employee
33 554
-
208 000
-
income
5 596
-
36 478
-
social contributions
4 631
-
28 703
-
health
2 342
-
14 519
-
total
12 569
-
79 700
-
Employer
33 554
-
208 000
-
total
-
-
-
-
Corporate
174 446
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%.

8 721
10 400
-
-
total
8 721
10 400
-
-
Dividends
165 724
197 600
-
-
withholding
24 859
29 641
-
-
social contributions
22 870
27 269
-
-
health
11 567
13 792
-
-
total
59 296
70 702
-
-
Income
208 000
208 000
208 000
208 000
Total tax
80 586
81 102
79 700
74 421
After tax
127 414
126 898
128 300
133 579
Living cost
20 985
20 985
20 985
20 985
Free-cash
106 429
105 913
107 315
112 594

Estimated living cost  is ₽20985 per week

₽14044
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.
₽5163
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79895
₽19814
₽78362
₽71922
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
8 844
chamber of commerce
-
-
-
832
income
-
-
-
63 877
pensions
-
-
-
21 389
unemployment
-
-
-
6 070
surtax
-
-
-
195
total
-
-
-
101 207
Employee
49 457
39 438
170 524
-
unemployment
1 484
1 183
3 469
-
income
5 630
2 909
53 210
-
pensions
5 065
4 038
11 839
-
health
1 914
1 527
4 473
-
other
494
394
1 157
-
total
14 587
10 051
74 148
-
Employer
49 457
39 438
170 524
-
chamber of commerce
197
158
682
-
surtax
195
195
195
-
payroll
1 484
1 183
5 116
-
unemployment
1 484
1 183
3 469
-
pensions
6 207
4 950
14 509
-
accident
642
513
1 502
-
other
2 349
1 872
7 632
-
health
1 869
1 491
4 370
-
total
14 427
11 545
37 475
-
Corporate
144 116
157 016
166 768
-
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.

36 030
39 254
41 692
-
total
36 030
39 254
41 692
-
Dividends
108 086
117 762
-
-
withholding
29 723
32 384
-
-
total
29 723
32 384
-
-
Income
208 000
208 000
208 000
208 000
Total tax
94 767
93 234
153 315
101 207
After tax
113 233
114 766
54 685
106 793
Living cost
34 871
34 871
34 871
34 871
Free-cash
78 362
79 895
19 814
71 922

Estimated living cost  is ₽34871 per week

₽23257
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2975
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.
₽8066
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78878
₽35271
₽65333
₽54311
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
24 673
national
-
-
-
81 934
total
-
-
-
117 606
Employee

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

70 789
-
161 102
-
national
21 763
-
60 293
-
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.

3 692
-
8 402
-
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.

5 309
-
12 083
-
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.

3 326
-
7 572
-
total
34 706
-
89 751
-
Employer

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

70 789
-
161 102
-
surtax
8 027
-
18 269
-
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
-
2 351
-
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.

6 273
-
14 273
-
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
-
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.

4 353
-
9 908
-
total
20 606
-
46 895
-
Corporate
116 606
208 000
-
-
surtax
466
868
-
-
income
23 321
43 418
-
-
total
23 787
44 286
-
-
Dividends
92 819
163 715
-
-
withholding

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

27 485
48 753
-
-
total
27 485
48 753
-
-
Income
208 000
208 000
208 000
208 000
Total tax
106 584
93 039
136 646
117 606
After tax
101 416
114 961
71 354
90 394
Living cost
36 083
36 083
36 083
36 083
Free-cash
65 333
78 878
35 271
54 311

Estimated living cost  is ₽36083 per week

₽23242
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3155
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.
₽9121
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽102500
₽76460
₽95718
₽80613
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
64 129
pensions
-
-
-
25 958
unemployment
-
-
-
642
other
-
-
-
92
accident
-
-
-
826
total
-
-
-
91 647
Employee
49 261
-
178 758
-
unemployment
764
-
1 422
-
income
10 394
-
60 732
-
pensions
2 316
-
4 312
-
other
49
-
92
-
total
13 523
-
66 558
-
Employer
49 261
-
178 758
-
unemployment
2 710
-
5 044
-
pensions
11 625
-
21 648
-
accident
975
-
1 816
-
other
393
-
734
-
total
15 703
-
29 242
-
Corporate
143 037
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.

21 456
31 199
-
-
total
21 456
31 199
-
-
Dividends
121 581
176 801
-
-
withholding
25 860
38 561
-
-
total
25 860
38 561
-
-
Income
208 000
208 000
208 000
208 000
Total tax
76 542
69 760
95 800
91 647
After tax
131 458
138 240
112 200
116 353
Living cost
35 740
35 740
35 740
35 740
Free-cash
95 718
102 500
76 460
80 613

Estimated living cost  is ₽35740 per week

₽26318
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.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6370
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65192
₽53580
₽51684
₽45285
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
14 615
communal
-
-
-
13 146
income
-
-
-
37 931
pensions
-
-
-
31 177
surtax
-
-
-
10 312
accident
-
-
-
1 754
total
-
-
-
108 935
Employee
74 944
-
185 798
-
surtax
4 594
-
11 386
-
income
7 239
-
43 922
-
pensions
5 995
-
14 864
-
health
3 335
-
8 267
-
total
21 163
-
78 439
-
Employer
74 944
-
185 798
-
pensions
5 995
-
14 864
-
accident
674
-
1 671
-
health
2 286
-
5 666
-
total
8 955
-
22 201
-
Corporate
124 102
208 000
-
-
surtax
1 303
2 184
-
-
income
18 615
31 199
-
-
communal
8 378
14 040
-
-
total
28 296
47 423
-
-
Dividends
95 806
160 577
-
-
withholding
14 370
24 087
-
-
income
29 752
17 518
-
-
total
44 122
41 605
-
-
Income
208 000
208 000
208 000
208 000
Total tax
102 536
89 028
100 640
108 935
After tax
105 464
118 972
107 360
99 065
Living cost
53 780
53 780
53 780
53 780
Free-cash
51 684
65 192
53 580
45 285

Estimated living cost  is ₽53780 per week

₽40343
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.
₽9608
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽108603
₽69703
₽105458
₽75755
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
9 377
income
-
-
-
63 495
pensions
-
-
-
26 416
unemployment
-
-
-
225
other
-
-
-
-
surtax
-
-
-
10 504
total
-
-
-
110 017
Employee
33 327
-
180 198
-
surtax
118
-
9 321
-
unemployment
2 319
-
9 193
-
income
5 587
-
57 576
-
pensions
2 224
-
8 810
-
health
851
-
3 367
-
other
-
-
-
-
total
11 099
-
88 267
-
Employer
33 327
-
180 198
-
unemployment
1 057
-
4 186
-
pensions
4 443
-
17 606
-
other
-
-
-
-
health
1 516
-
6 010
-
total
7 016
-
27 802
-
Corporate
167 657
208 000
-
-
income
43 590
54 081
-
-
total
43 590
54 081
-
-
Dividends
124 066
153 919
-
-
withholding
18 609
23 088
-
-
total
18 609
23 088
-
-
Income
208 000
208 000
208 000
208 000
Total tax
80 314
77 169
116 069
110 017
After tax
127 686
130 831
91 931
97 983
Living cost
22 228
22 228
22 228
22 228
Free-cash
105 458
108 603
69 703
75 755

Estimated living cost  is ₽22228 per week

₽13420
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.
₽6361
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82672
₽63667
₽80474
₽72012
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
49 531
national
-
-
-
55 315
regional
-
-
-
3 216
municipal
-
-
-
1 268
total
-
-
-
109 330
Employee
54 896
-
208 000
-
regional
739
-
2 904
-
national
8 697
-
48 691
-
municipal
291
-
1 144
-
social contributions
18 511
-
64 936
-
total
28 238
-
117 675
-
Employer
54 896
-
208 000
-
total
-
-
-
-
Corporate
153 104
208 000
-
-
nationa
36 745
49 919
-
-
municipal
7 610
10 338
-
-
total
44 355
60 257
-
-
Dividends
108 749
147 742
-
-
withholding
28 275
38 413
-
-
total
28 275
38 413
-
-
Income
208 000
208 000
208 000
208 000
Total tax
100 868
98 670
117 675
109 330
After tax
107 132
109 330
90 325
98 670
Living cost
26 658
26 658
26 658
26 658
Free-cash
80 474
82 672
63 667
72 012

Estimated living cost  is ₽26658 per week

₽16579
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2701
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.
₽6922
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽113120
₽82364
₽102386
₽91267
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
28 080
social contributions
-
-
-
35 135
income
-
-
-
21 718
solidarity contribution
-
-
-
1 712
total
-
-
-
86 645
Employee
44 247
-
163 228
-
income
5 310
-
20 006
-
solidarity contribution
-
-
913
-
social contributions
2 876
-
7 821
-
health
5 973
-
22 036
-
total
14 159
-
50 776
-
Employer
44 247
-
163 228
-
social contributions
11 062
-
30 081
-
health
3 982
-
14 691
-
total
15 044
-
44 772
-
Corporate
148 710
208 000
-
-
income
28 255
39 520
-
-
total
28 255
39 520
-
-
Dividends
120 455
168 480
-
-
withholding
18 068
25 272
-
-
total
18 068
25 272
-
-
Income
208 000
208 000
208 000
208 000
Total tax
75 526
64 792
95 548
86 645
After tax
132 474
143 208
112 452
121 355
Living cost
30 088
30 088
30 088
30 088
Free-cash
102 386
113 120
82 364
91 267

Estimated living cost  is ₽30088 per week

₽22375
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1667
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽521
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5525
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83297
₽23161
₽82806
₽75415
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
8 844
chamber of commerce
-
-
-
832
income
-
-
-
63 877
pensions
-
-
-
21 389
unemployment
-
-
-
6 070
surtax
-
-
-
-
total
-
-
-
101 012
Employee
43 259
39 438
170 705
-
unemployment
1 298
1 183
3 469
-
income
3 854
2 909
53 296
-
pensions
4 430
4 038
11 839
-
health
1 673
1 527
4 473
-
other
432
394
1 157
-
total
11 687
10 051
74 234
-
Employer
43 259
39 438
170 705
-
chamber of commerce
173
158
684
-
surtax
-
-
-
-
payroll
1 298
1 183
5 121
-
unemployment
1 298
1 183
3 469
-
pensions
5 429
4 950
14 509
-
accident
562
513
1 502
-
other
2 055
1 872
7 640
-
health
1 636
1 491
4 370
-
total
12 451
11 350
37 295
-
Corporate
152 291
157 211
166 949
-
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.

38 073
39 303
41 737
-
total
38 073
39 303
41 737
-
Dividends
114 218
117 908
-
-
withholding
31 410
32 426
-
-
total
31 410
32 426
-
-
Income
208 000
208 000
208 000
208 000
Total tax
93 621
93 130
153 266
101 012
After tax
114 379
114 870
54 734
106 988
Living cost
31 573
31 573
31 573
31 573
Free-cash
82 806
83 297
23 161
75 415

Estimated living cost  is ₽31573 per week

₽18940
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3225
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.
₽8845
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽184811
₽153611
₽182413
₽193131
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 986
-
208 000
-
income
3 197
-
41 600
-
total
3 197
-
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%.

192 014
208 000
-
-
total
-
-
-
-
Dividends
192 014
208 000
-
-
withholding
9 601
10 400
-
-
total
9 601
10 400
-
-
Income
208 000
208 000
208 000
208 000
Total tax
12 798
10 400
41 600
2 080
After tax
195 202
197 600
166 400
205 920
Living cost
12 789
12 789
12 789
12 789
Free-cash
182 413
184 811
153 611
193 131

Estimated living cost  is ₽12789 per week

₽8654
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽537
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽429
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3168
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽116663
₽67051
₽108387
₽71567
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
20 467
income
-
-
-
51 124
pensions
-
-
-
37 986
unemployment
-
-
-
312
total
-
-
-
109 889
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.

43 762
-
179 976
-
unemployment
62
-
252
-
income
7 547
-
46 607
-
pensions
6 783
-
27 896
-
health
2 826
-
11 627
-
total
17 218
-
86 382
-
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.

43 762
-
179 976
-
unemployment
26
-
109
-
pensions
3 872
-
15 927
-
health
2 915
-
11 987
-
total
6 813
-
28 023
-
Corporate
157 425
208 000
-
-
income
29 911
39 521
-
-
total
29 911
39 521
-
-
Dividends
127 514
168 479
-
-
withholding
19 127
25 272
-
-
total
19 127
25 272
-
-
Income
208 000
208 000
208 000
208 000
Total tax
73 069
64 793
114 405
109 889
After tax
134 931
143 207
93 595
98 111
Living cost
26 544
26 544
26 544
26 544
Free-cash
108 387
116 663
67 051
71 567

Estimated living cost  is ₽26544 per week

₽18217
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.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6113
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80889
₽148422
₽30557
₽98087
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 712
income
-
-
-
40 543
total
-
-
-
64 255
Employee
65 467
-
-
-
income
14 441
-
-
-
social contributions
5 368
-
765
-
total
19 809
-
765
-
Employer
65 467
-
-
-
social contributions
92 308
-
13 155
-
total
92 308
-
13 155
-
Corporate
50 225
208 000
-
-
income
11 049
45 760
-
-
total
11 049
45 760
-
-
Dividends
39 175
162 240
-
-
income
8 619
35 693
-
-
total
8 619
35 693
-
-
Income
208 000
208 000
208 000
208 000
Total tax
131 785
81 453
13 920
64 255
After tax
76 215
126 547
194 080
143 745
Living cost
45 658
45 658
45 658
45 658
Free-cash
30 557
80 889
148 422
98 087

Estimated living cost  is ₽45658 per week

₽29625
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4294
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽582
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11157
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87269
₽62422
₽86273
₽78192
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions

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

-
-
-
72 281
income
-
-
-
26 486
surtax
-
-
-
-
total
-
-
-
98 767
Employee
45 515
-
168 081
-
surtax
-
-
-
-
income
9 467
-
56 129
-
social contributions
5 007
-
18 489
-
total
14 474
-
74 618
-
Employer
45 515
-
168 081
-
social contributions
10 810
-
39 919
-
total
10 810
-
39 919
-
Corporate
151 675
208 000
-
-
surtax
-
-
-
-
income
31 851
43 681
-
-
total
31 851
43 681
-
-
Dividends
119 824
164 319
-
-
withholding
33 551
46 009
-
-
total
33 551
46 009
-
-
Income
208 000
208 000
208 000
208 000
Total tax
90 686
89 690
114 537
98 767
After tax
117 314
118 310
93 463
109 233
Living cost
31 041
31 041
31 041
31 041
Free-cash
86 273
87 269
62 422
78 192

Estimated living cost  is ₽31041 per week

₽23225
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.
₽5467
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57033
₽62127
₽63837
₽67290
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
9 846
social contributions
-
-
-
5 927
income
-
-
-
36 812
pensions
-
-
-
33 880
other
-
-
-
6 447
surtax
-
-
-
-
total
-
-
-
92 912
Employee
61 982
-
159 294
-
surtax
-
-
-
-
income
5 408
-
33 058
-
social contributions
1 765
-
4 539
-
pensions
7 011
-
11 773
-
total
14 184
-
49 370
-
Employer
61 982
-
159 294
-
unemployment
2 511
-
6 451
-
pensions
10 184
-
19 699
-
social contributions
186
-
477
-
other
2 139
-
6 512
-
health
4 338
-
15 566
-
total
19 358
-
48 705
-
Corporate
126 659
208 000
-
-
surtax
-
-
-
-
income
35 464
58 241
-
-
total
35 464
58 241
-
-
Dividends
91 195
149 759
-
-
withholding
11 674
19 169
-
-
surtax
-
-
-
-
social contributions
15 685
25 759
-
-
total
27 359
44 928
-
-
Income
208 000
208 000
208 000
208 000
Total tax
96 365
103 169
98 075
92 912
After tax
111 635
104 831
109 925
115 088
Living cost
47 798
47 798
47 798
47 798
Free-cash
63 837
57 033
62 127
67 290

Estimated living cost  is ₽47798 per week

₽32349
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3910
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.
₽10883
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽157451
₽127804
₽154126
₽122277
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 214
social contributions
-
-
-
45 761
total
-
-
-
55 975
Employee
31 815
-
180 087
-
social contributions
2 068
-
11 706
-
income
-
-
10 829
-
total
2 068
-
22 535
-
Employer
31 815
-
180 087
-
social contributions
4 932
-
27 913
-
total
4 932
-
27 913
-
Corporate
171 253
208 000
-
-
income
17 126
20 801
-
-
total
17 126
20 801
-
-
Dividends
154 127
187 199
-
-
total
-
-
-
-
Income
208 000
208 000
208 000
208 000
Total tax
24 126
20 801
50 448
55 975
After tax
183 874
187 199
157 552
152 025
Living cost
29 748
29 748
29 748
29 748
Free-cash
154 126
157 451
127 804
122 277

Estimated living cost  is ₽29748 per week

₽19235
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.
₽7711
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7280
-₽7280
-₽7280
₽73126
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 572
national
-
-
-
25 524
pensions
-
-
-
856
municipal
-
-
-
44 336
total
-
-
-
87 288
Employee
200 849
200 849
200 849
-
national
24 537
24 537
24 537
-
labour market
16 045
16 045
16 045
-
municipal
42 770
42 770
42 770
-
pensions
285
285
285
-
total
83 637
83 637
83 637
-
Employer
200 849
200 849
200 849
-
national
24 580
24 580
24 580
-
pensions
571
571
571
-
labour market
16 068
16 068
16 068
-
municipal
42 838
42 838
42 838
-
total
84 057
84 057
84 057
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
208 000
208 000
208 000
208 000
Total tax
167 694
167 694
167 694
87 288
After tax
40 306
40 306
40 306
120 712
Living cost
47 586
47 586
47 586
47 586
Free-cash
-7 280
-7 280
-7 280
73 126

Estimated living cost  is ₽47586 per week

₽32568
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4209
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽10076
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4733
₽92547
₽13537
₽120491
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
2 171
income
-
-
-
58 994
pensions
-
-
-
4 143
other
-
-
-
369
accident
-
-
-
251
total
-
-
-
65 928
Employee
33 948
-
189 234
-
income
4 657
-
45 844
-
pensions
3 823
-
7 596
-
health
3 887
-
21 667
-
total
12 367
-
75 107
-
Employer
33 948
-
189 234
-
unemployment
832
-
4 636
-
pensions
5 520
-
10 969
-
accident
567
-
3 160
-
total
6 919
-
18 765
-
Corporate
167 133
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.

150 420
187 200
-
-
total
150 420
187 200
-
-
Dividends
16 713
20 800
-
-
withholding
3 176
3 952
-
-
total
3 176
3 952
-
-
Income
208 000
208 000
208 000
208 000
Total tax
172 882
191 152
93 872
65 928
After tax
35 118
16 848
114 128
142 072
Living cost
21 581
21 581
21 581
21 581
Free-cash
13 537
-4 733
92 547
120 491

Estimated living cost  is ₽21581 per week

₽15709
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1230
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽405
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4237
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90249
₽67443
₽93308
₽91268
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 791
national
-
-
-
39 009
municipal
-
-
-
36 938
total
-
-
-
78 738
Employee
52 066
-
174 981
-
national
860
-
24 338
-
unemployment
781
-
2 625
-
municipal
8 528
-
28 487
-
pensions
3 514
-
11 811
-
health
389
-
2 282
-
total
14 072
-
69 543
-
Employer
52 066
-
174 981
-
unemployment
338
-
1 138
-
pensions
9 033
-
30 360
-
accident
53
-
175
-
health
400
-
1 347
-
total
9 824
-
33 020
-
Corporate
146 110
208 000
-
-
income
29 222
41 600
-
-
total
29 222
41 600
-
-
Dividends

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

87 666
124 800
-
-
municipal
15 779
22 465
-
-
national
7 801
15 692
-
-
total
23 580
38 157
-
-
Income
208 000
208 000
208 000
208 000
Total tax
76 698
79 757
102 563
78 738
After tax
131 302
128 243
105 437
129 262
Living cost
37 994
37 994
37 994
37 994
Free-cash
93 308
90 249
67 443
91 268

Estimated living cost  is ₽37994 per week

₽24818
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3655
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.
₽8919
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽128714
₽115829
₽123329
₽117569
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
5 303
social contributions
-
-
-
16 012
income
-
-
-
46 203
total
-
-
-
67 518
Employee
76 098
76 098
195 859
-
income
8 286
7 044
45 267
-
social contributions
2 877
6 316
8 519
-
health
590
1 294
3 330
-
total
11 753
14 654
57 116
-
Employer
76 098
76 098
195 859
-
social contributions
2 877
6 316
8 519
-
health
640
1 409
3 623
-
total
3 517
7 725
12 142
-
Corporate
169 817
124 178
-
-
income
21 227
15 522
-
-
total
21 227
15 522
-
-
Dividends
148 590
108 656
-
-
withholding
25 261
18 472
-
-
total
25 261
18 472
-
-
Income
208 000
208 000
208 000
208 000
Total tax
61 758
56 373
69 258
67 518
After tax
146 242
151 627
138 742
140 482
Living cost
22 913
22 913
22 913
22 913
Free-cash
123 329
128 714
115 829
117 569

Estimated living cost  is ₽22913 per week

₽13732
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.
₽6427
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽156533
₽141091
₽151498
₽160943
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 581
income
-
-
-
21 441
pensions
-
-
-
6 295
unemployment
-
-
-
28
total
-
-
-
31 345
Employee

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

22 715
-
198 328
-
unemployment
113
-
470
-
income
1 553
-
18 987
-
pensions
3 407
-
14 085
-
health
1 931
-
7 982
-
total
7 004
-
41 524
-
Employer

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

22 715
-
198 328
-
unemployment
113
-
470
-
pensions
1 249
-
5 165
-
health
977
-
4 038
-
total
2 339
-
9 673
-
Corporate
182 947
208 000
-
-
income
16 464
18 720
-
-
total
16 464
18 720
-
-
Dividends
166 482
189 280
-
-
withholding
14 983
17 035
-
-
total
14 983
17 035
-
-
Income
208 000
208 000
208 000
208 000
Total tax
40 790
35 755
51 197
31 345
After tax
167 210
172 245
156 803
176 655
Living cost
15 712
15 712
15 712
15 712
Free-cash
151 498
156 533
141 091
160 943

Estimated living cost  is ₽15712 per week

₽10025
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.
₽4087
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽111026
₽84986
₽106655
₽89139
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
64 129
pensions
-
-
-
25 958
unemployment
-
-
-
642
other
-
-
-
92
accident
-
-
-
826
total
-
-
-
91 647
Employee
36 592
-
178 758
-
unemployment
567
-
1 422
-
income
7 055
-
60 732
-
pensions
1 720
-
4 312
-
other
36
-
92
-
total
9 378
-
66 558
-
Employer
36 592
-
178 758
-
unemployment
2 013
-
5 044
-
pensions
8 635
-
21 648
-
accident
725
-
1 816
-
other
293
-
734
-
total
11 666
-
29 242
-
Corporate
159 741
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.

23 961
31 199
-
-
total
23 961
31 199
-
-
Dividends
135 780
176 801
-
-
withholding
29 126
38 561
-
-
total
29 126
38 561
-
-
Income
208 000
208 000
208 000
208 000
Total tax
74 131
69 760
95 800
91 647
After tax
133 869
138 240
112 200
116 353
Living cost
27 214
27 214
27 214
27 214
Free-cash
106 655
111 026
84 986
89 139

Estimated living cost  is ₽27214 per week

₽18369
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.
₽5752
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽127942
₽132133
₽127639
₽132263
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
979
income
-
-
-
71 558
pensions
-
-
-
1 350
total
-
-
-
73 887
Employee
2 818
-
206 482
-
unemployment
28
-
68
-
income
545
-
71 487
-
pensions
254
-
607
-
health
141
-
337
-
total
968
-
72 499
-
Employer
2 818
-
206 482
-
unemployment
56
-
135
-
pensions
310
-
742
-
health
268
-
641
-
total
634
-
1 518
-
Corporate
204 547
208 000
-
-
income
45 000
45 760
-
-
total
45 000
45 760
-
-
Dividends
159 547
162 240
-
-
withholding
31 909
32 448
-
-
total
31 909
32 448
-
-
Income
208 000
208 000
208 000
208 000
Total tax
78 511
78 208
74 017
73 887
After tax
129 489
129 792
133 983
134 113
Living cost
1 850
1 850
1 850
1 850
Free-cash
127 639
127 942
132 133
132 263

Estimated living cost  is ₽1850 per week

₽1100
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽150
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽42
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽558
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽133209
₽115477
₽128352
₽115477
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
7 514
income
-
-
-
47 877
pensions
-
-
-
18 967
unemployment
-
-
-
1 094
total
-
-
-
75 452
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.

25 742
-
194 942
-
unemployment
193
-
547
-
income
3 548
-
47 877
-
pensions
3 604
-
10 213
-
health
1 326
-
3 757
-
total
8 671
-
62 394
-
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.

25 742
-
194 942
-
unemployment
193
-
547
-
pensions
3 089
-
8 754
-
health
1 326
-
3 757
-
total
4 608
-
13 058
-
Corporate
177 651
208 000
-
-
income
26 648
31 200
-
-
total
26 648
31 200
-
-
Dividends
151 003
176 800
-
-
withholding
22 650
26 520
-
-
total
22 650
26 520
-
-
Income
208 000
208 000
208 000
208 000
Total tax
62 577
57 720
75 452
75 452
After tax
145 423
150 280
132 548
132 548
Living cost
17 071
17 071
17 071
17 071
Free-cash
128 352
133 209
115 477
115 477

Estimated living cost  is ₽17071 per week

₽11494
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1320
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3763
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91630
₽66783
₽91273
₽82553
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions

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

-
-
-
72 281
income
-
-
-
26 486
surtax
-
-
-
-
total
-
-
-
98 767
Employee
38 410
-
168 081
-
surtax
-
-
-
-
income
7 505
-
56 129
-
social contributions
4 226
-
18 489
-
total
11 731
-
74 618
-
Employer
38 410
-
168 081
-
social contributions
9 121
-
39 919
-
total
9 121
-
39 919
-
Corporate
160 469
208 000
-
-
surtax
-
-
-
-
income
33 699
43 681
-
-
total
33 699
43 681
-
-
Dividends
126 770
164 319
-
-
withholding
35 496
46 009
-
-
total
35 496
46 009
-
-
Income
208 000
208 000
208 000
208 000
Total tax
90 047
89 690
114 537
98 767
After tax
117 953
118 310
93 463
109 233
Living cost
26 680
26 680
26 680
26 680
Free-cash
91 273
91 630
66 783
82 553

Estimated living cost  is ₽26680 per week

₽18896
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1854
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.
₽5457
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽103460
₽77420
₽96983
₽81573
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
64 129
pensions
-
-
-
25 958
unemployment
-
-
-
642
other
-
-
-
92
accident
-
-
-
826
total
-
-
-
91 647
Employee
47 794
-
178 758
-
unemployment
740
-
1 422
-
income
9 983
-
60 732
-
pensions
2 246
-
4 312
-
other
47
-
92
-
total
13 016
-
66 558
-
Employer
47 794
-
178 758
-
unemployment
2 629
-
5 044
-
pensions
11 279
-
21 648
-
accident
947
-
1 816
-
other
383
-
734
-
total
15 238
-
29 242
-
Corporate
144 967
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.

21 745
31 199
-
-
total
21 745
31 199
-
-
Dividends
123 222
176 801
-
-
withholding
26 238
38 561
-
-
total
26 238
38 561
-
-
Income
208 000
208 000
208 000
208 000
Total tax
76 237
69 760
95 800
91 647
After tax
131 763
138 240
112 200
116 353
Living cost
34 780
34 780
34 780
34 780
Free-cash
96 983
103 460
77 420
81 573

Estimated living cost  is ₽34780 per week

₽24977
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.
₽6609
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽160855
₽159133
₽154839
₽150607
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 966
income
-
-
-
31 200
pensions

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

-
-
-
5 104
unemployment
-
-
-
138
total
-
-
-
40 408
Employee
22 491
-
201 233
-
income
2 249
-
20 123
-
accident

We are using the highest rate at 1.1%.

247
-
379
-
pensions

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

1 974
-
3 028
-
health
1 035
-
1 586
-
total
5 505
-
25 116
-
Employer
22 491
-
201 233
-
unemployment
135
-
207
-
pensions

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

2 478
-
3 800
-
accident

We are using the highest rate at 1.1%.

247
-
379
-
health
1 552
-
2 380
-
total
4 412
-
6 766
-
Corporate
181 096
208 000
-
-
income
18 110
20 800
-
-
total
18 110
20 800
-
-
Dividends
162 987
187 200
-
-
withholding
8 149
9 360
-
-
total
8 149
9 360
-
-
Income
208 000
208 000
208 000
208 000
Total tax
36 176
30 160
31 882
40 408
After tax
171 824
177 840
176 118
167 592
Living cost
16 985
16 985
16 985
16 985
Free-cash
154 839
160 855
159 133
150 607

Estimated living cost  is ₽16985 per week

₽11234
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽972
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽405
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4374
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68788
₽91260
₽81732
₽68014
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 761
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.

-
-
-
68 031
trade
-
-
-
23 246
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.

-
-
-
3 741
total
-
-
-
101 779
Employee

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

49 240
-
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
-
3 741
-
income

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

4 049
-
68 031
-
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.

6 761
-
6 761
-
total
11 033
-
78 533
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
158 760
208 000
-
-
trade
22 782
29 847
-
-
chamber of commerce
383
454
-
-
surtax

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

1 309
1 716
-
-
income
23 813
31 199
-
-
total
48 287
63 216
-
-
Dividends
110 473
144 783
-
-
withholding
27 242
35 819
-
-
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.

1 499
1 970
-
-
total
28 741
37 789
-
-
Income
208 000
208 000
208 000
208 000
Total tax
88 061
101 005
78 533
101 779
After tax
119 939
106 995
129 467
106 221
Living cost
38 207
38 207
38 207
38 207
Free-cash
81 732
68 788
91 260
68 014

Estimated living cost  is ₽38207 per week

₽26356
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4111
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.
₽7185
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89228
₽49303
₽91411
₽49303
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
66 842
social contributions
-
-
-
35 481
total
-
-
-
102 323
Employee
77 411
-
208 000
-
social contributions
6 431
-
35 481
-
income
14 607
-
66 842
-
total
21 038
-
102 323
-
Employer
77 411
-
208 000
-
total
-
-
-
-
Corporate
130 589
208 000
-
-
income
16 324
25 999
-
-
total
16 324
25 999
-
-
Dividends
114 265
182 001
-
-
withholding
22 853
36 399
-
-
total
22 853
36 399
-
-
Income
208 000
208 000
208 000
208 000
Total tax
60 215
62 398
102 323
102 323
After tax
147 785
145 602
105 677
105 677
Living cost
56 374
56 374
56 374
56 374
Free-cash
91 411
89 228
49 303
49 303

Estimated living cost  is ₽56374 per week

₽42888
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4594
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.
₽8353
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94047
₽109913
₽97505
₽134717
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health

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

-
-
-
6 160
income
-
-
-
31 199
total
-
-
-
37 359
Employee
45 398
-
203 448
-
social contributions
4 549
-
4 552
-
income
4 926
-
53 059
-
total
9 475
-
57 611
-
Employer
45 398
-
203 448
-
social contributions
4 549
-
4 552
-
total
4 549
-
4 552
-
Corporate
158 053
208 000
-
-
income
55 319
72 801
-
-
total
55 319
72 801
-
-
Dividends
102 735
135 199
-
-
social contributions
5 228
5 228
-
-
total
5 228
5 228
-
-
Income
208 000
208 000
208 000
208 000
Total tax
74 571
78 029
62 163
37 359
After tax
133 429
129 971
145 837
170 641
Living cost
35 924
35 924
35 924
35 924
Free-cash
97 505
94 047
109 913
134 717

Estimated living cost  is ₽35924 per week

₽23663
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.
₽8877
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95808
₽80062
₽101653
₽98698
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
63 070
pensions
-
-
-
9 564
total
-
-
-
72 634
Employee
50 332
-
181 385
-
income
9 166
-
50 645
-
pensions
3 842
-
11 514
-
health
657
-
2 496
-
total
13 665
-
64 655
-
Employer
50 332
-
181 385
-
pensions
5 085
-
23 169
-
health
957
-
3 446
-
total
6 042
-
26 615
-
Corporate
151 626
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.

28 809
39 520
-
-
total
28 809
39 520
-
-
Dividends
122 818
168 480
-
-
withholding
21 163
36 004
-
-
total
21 163
36 004
-
-
Income
208 000
208 000
208 000
208 000
Total tax
69 679
75 524
91 270
72 634
After tax
138 321
132 476
116 730
135 366
Living cost
36 668
36 668
36 668
36 668
Free-cash
101 653
95 808
80 062
98 698

Estimated living cost  is ₽36668 per week

₽25154
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3372
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽459
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7681
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽6870
₽90410
₽13210
₽118354
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
2 171
income
-
-
-
58 994
pensions
-
-
-
4 143
other
-
-
-
369
accident
-
-
-
251
total
-
-
-
65 928
Employee
37 309
-
189 234
-
income
5 118
-
45 844
-
pensions
4 201
-
7 596
-
health
4 272
-
21 667
-
total
13 591
-
75 107
-
Employer
37 309
-
189 234
-
unemployment
914
-
4 636
-
pensions
6 066
-
10 969
-
accident
623
-
3 160
-
total
7 603
-
18 765
-
Corporate
163 088
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.

146 779
187 200
-
-
total
146 779
187 200
-
-
Dividends
16 309
20 800
-
-
withholding
3 099
3 952
-
-
total
3 099
3 952
-
-
Income
208 000
208 000
208 000
208 000
Total tax
171 072
191 152
93 872
65 928
After tax
36 928
16 848
114 128
142 072
Living cost
23 718
23 718
23 718
23 718
Free-cash
13 210
-6 870
90 410
118 354

Estimated living cost  is ₽23718 per week

₽17406
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1382
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4452
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽145764
₽138095
₽142773
₽116350
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
work injury
-
-
-
791
income
-
-
-
34 806
health insurance
-
-
-
11 702
pensions
-
-
-
29 097
unemployment
-
-
-
1 898
total
-
-
-
78 294
Employee

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

21 370
-
208 000
-
unemployment
256
-
949
-
work injury
107
-
395
-
income
2 137
-
34 806
-
health insurance
1 581
-
5 851
-
pensions
3 932
-
14 548
-
total
8 013
-
56 549
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
186 630
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%.

18 663
20 800
-
-
total
18 663
20 800
-
-
Dividends
167 967
187 200
-
-
withholding
25 195
28 080
-
-
total
25 195
28 080
-
-
Income
208 000
208 000
208 000
208 000
Total tax
51 871
48 880
56 549
78 294
After tax
156 129
159 120
151 451
129 706
Living cost
13 356
13 356
13 356
13 356
Free-cash
142 773
145 764
138 095
116 350

Estimated living cost  is ₽13356 per week

₽8275
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.
₽3695
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70137
₽49228
₽65634
₽57359
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
49 531
national
-
-
-
55 315
regional
-
-
-
4 946
municipal
-
-
-
1 425
total
-
-
-
111 217
Employee
83 392
-
208 000
-
regional
1 259
-
4 433
-
national
14 093
-
48 691
-
municipal
498
-
1 288
-
social contributions
28 119
-
64 936
-
total
43 969
-
119 348
-
Employer
83 392
-
208 000
-
total
-
-
-
-
Corporate
124 608
208 000
-
-
nationa
29 905
49 919
-
-
municipal
6 006
10 025
-
-
total
35 911
59 944
-
-
Dividends
88 697
148 056
-
-
withholding
23 062
38 495
-
-
total
23 062
38 495
-
-
Income
208 000
208 000
208 000
208 000
Total tax
102 942
98 439
119 348
111 217
After tax
105 058
109 561
88 652
96 783
Living cost
39 424
39 424
39 424
39 424
Free-cash
65 634
70 137
49 228
57 359

Estimated living cost  is ₽39424 per week

₽27693
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2712
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.
₽8423
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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