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
₽75034
₽85922
₽74028
₽99580
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
25 552
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.

-
-
-
68 131
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.

-
-
-
6 725
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.

-
-
-
3 747
total
-
-
-
104 155
Employee

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

37 652
-
208 000
-
income

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

1 052
-
68 131
-
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
-
3 747
-
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.

6 725
-
6 725
-
total
7 835
-
78 603
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
170 348
208 000
-
-
income
25 552
31 199
-
-
surtax

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

1 405
1 717
-
-
trade
26 830
32 761
-
-
chamber of commerce
394
448
-
-
total
54 181
66 125
-
-
Dividends
116 168
141 875
-
-
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.

1 577
1 930
-
-
withholding
28 668
35 094
-
-
total
30 245
37 024
-
-
Income
208 000
208 000
208 000
208 000
Total tax
92 261
103 149
78 603
104 155
After tax
115 739
104 851
129 397
103 845
Living cost
29 817
29 817
29 817
29 817
Free-cash
85 922
75 034
99 580
74 028

Estimated living cost  is ₽29817 per week

₽18756
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3477
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽557
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7028
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76387
₽75498
₽67186
₽68303
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
22 945
national
-
-
-
37 268
pensions
-
-
-
24 960
social contributions
-
-
-
2 236
total
-
-
-
87 409
Employee
82 788
-
179 814
-
national
15 846
-
39 031
-
pensions
3 312
-
7 193
-
municipal
10 226
-
23 750
-
total
29 384
-
69 974
-
Employer
82 788
-
179 814
-
social contributions
890
-
1 933
-
pensions
6 623
-
14 385
-
total
7 513
-
16 318
-
Corporate
112 235
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%.

22 447
41 600
-
-
total
22 447
41 600
-
-
Dividends
89 788
166 400
-
-
withholding
19 753
36 608
-
-
total
19 753
36 608
-
-
Income
208 000
208 000
208 000
208 000
Total tax
79 097
78 208
86 292
87 409
After tax
128 903
129 792
121 708
120 591
Living cost
53 405
53 405
53 405
53 405
Free-cash
75 498
76 387
68 303
67 186

Estimated living cost  is ₽53405 per week

₽36299
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4964
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽799
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11342
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽145919
₽137845
₽54269
₽69246
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
income
-
-
-
42 493
surtax
-
-
-
53 041
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.

-
-
-
37 717
total
-
-
-
133 251
Employee
28 765
-
161 925
-
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.

3 165
-
12 905
-
income
5 120
-
35 817
-
surtax
-
-
23 478
-
total
8 285
-
72 200
-
Employer
28 765
-
161 925
-
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.

6 929
-
28 262
-
surtax
-
-
17 812
-
total
6 929
-
46 074
-
Corporate
172 306
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%.

34 461
41 601
-
-
total
34 461
41 601
-
-
Dividends

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

137 846
166 399
-
-
total
-
-
-
-
Income
208 000
208 000
208 000
208 000
Total tax
49 675
41 601
118 274
133 251
After tax
158 325
166 399
89 726
74 749
Living cost
20 480
20 480
20 480
20 480
Free-cash
137 845
145 919
69 246
54 269

Estimated living cost  is ₽20480 per week

₽13065
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1950
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4999
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62255
₽56225
₽71187
₽91813
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
208 000
income
-
-
-
71 902
health
-
-
-
12 139
pensions
-
-
-
11 534
total
-
-
-
95 575
Employee
84 064
84 064
189 706
-
pensions
15 132
11 534
11 534
-
income

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

13 760
13 760
32 982
-
health
12 903
10 975
12 139
-
total
41 795
36 269
56 655
-
Employer
84 064
84 064
189 706
-
health
5 843
5 843
7 261
-
pensions
5 851
5 851
7 273
-
unemployment
3 026
3 026
3 760
-
total
14 720
14 720
18 294
-
Corporate
110 246
109 215
-
-
income
22 049
21 844
-
-
total
22 049
21 844
-
-
Dividends
88 197
87 371
-
-
income
18 743
18 567
-
-
withholding
13 230
13 107
-
-
total
31 973
31 674
-
-
Income
208 000
208 000
208 000
208 000
Total tax
110 537
104 507
74 949
95 575
After tax
97 463
103 493
133 051
112 425
Living cost
41 238
41 238
41 238
41 238
Free-cash
56 225
62 255
91 813
71 187

Estimated living cost  is ₽41238 per week

₽29225
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3718
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽656
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7641
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74314
₽73433
₽65411
₽64459
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
54 594
national
-
-
-
23 818
unemployment
-
-
-
86
accident
-
-
-
172
health
-
-
-
5 368
pensions
-
-
-
9 300
other
-
-
-
9 997
total
-
-
-
103 335
Employee
55 934
-
180 969
-
national
-
-
23 291
-
municipal
16 679
-
53 965
-
total
16 679
-
77 256
-
Employer
55 934
-
180 969
-
health
3 440
-
5 291
-
pensions
6 046
-
9 300
-
accident
112
-
172
-
other
6 500
-
9 997
-
unemployment
1 477
-
2 271
-
total
17 575
-
27 031
-
Corporate
134 492
208 000
-
-
income
29 588
45 760
-
-
total
29 588
45 760
-
-
Dividends
104 904
162 240
-
-
withholding
31 471
48 672
-
-
total
31 471
48 672
-
-
Income
208 000
208 000
208 000
208 000
Total tax
95 313
94 432
104 287
103 335
After tax
112 687
113 568
103 713
104 665
Living cost
39 254
39 254
39 254
39 254
Free-cash
73 433
74 314
64 459
65 411

Estimated living cost  is ₽39254 per week

₽26016
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3852
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽596
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8790
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65108
₽78942
₽64037
₽90725
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
26 688
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.

-
-
-
68 131
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.

-
-
-
6 725
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.

-
-
-
3 747
total
-
-
-
105 291
Employee

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

49 921
-
208 000
-
income

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

4 289
-
68 131
-
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.

235
-
3 747
-
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.

6 725
-
6 725
-
total
11 249
-
78 603
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
158 079
208 000
-
-
income
23 712
31 199
-
-
surtax

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

1 304
1 717
-
-
trade
26 004
34 216
-
-
chamber of commerce
374
445
-
-
total
51 394
67 577
-
-
Dividends
106 686
140 423
-
-
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.

1 446
1 911
-
-
withholding
26 297
34 732
-
-
total
27 743
36 643
-
-
Income
208 000
208 000
208 000
208 000
Total tax
90 386
104 220
78 603
105 291
After tax
117 614
103 780
129 397
102 709
Living cost
38 672
38 672
38 672
38 672
Free-cash
78 942
65 108
90 725
64 037

Estimated living cost  is ₽38672 per week

₽25864
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4078
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.
₽8152
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽119697
₽115614
₽108507
₽106770
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
208 000
income
-
-
-
46 333
health
-
-
-
5 304
social contributions
-
-
-
15 927
total
-
-
-
67 564
Employee
75 696
75 696
195 902
-
social contributions
3 678
6 282
8 474
-
income
7 949
7 007
45 398
-
health
753
1 287
3 331
-
total
12 380
14 576
57 203
-
Employer
75 696
75 696
195 902
-
social contributions
3 678
6 282
8 474
-
health
820
1 401
3 624
-
total
4 498
7 683
12 098
-
Corporate
159 193
124 620
-
-
income
19 899
15 578
-
-
total
19 899
15 578
-
-
Dividends
139 294
109 042
-
-
withholding
23 680
18 537
-
-
total
23 680
18 537
-
-
Income
208 000
208 000
208 000
208 000
Total tax
60 457
56 374
69 301
67 564
After tax
147 543
151 626
138 699
140 436
Living cost
31 929
31 929
31 929
31 929
Free-cash
115 614
119 697
106 770
108 507

Estimated living cost  is ₽31929 per week

₽21827
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2494
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7073
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97529
₽97931
₽124822
₽101309
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
3 120
income
-
-
-
25 428
health
-
-
-
14 560
pensions
-
-
-
20 800
total
-
-
-
63 908
Employee

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

The minimum wage is 138,000 HUF per month.

27 817
11 071
174 059
-
pensions
2 782
1 107
17 406
-
unemployment
417
166
2 611
-
income
3 401
1 353
21 279
-
health
1 947
775
12 184
-
total
8 547
3 401
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.

27 817
11 071
174 059
-
pensions
5 424
2 159
33 941
-
total
5 424
2 159
33 941
-
Corporate
174 759
194 770
-
-
income
15 728
17 529
-
-
total
15 728
17 529
-
-
Dividends
159 030
177 241
-
-
social contributions
30 884
34 436
-
-
withholding
30 216
33 676
-
-
total
61 100
68 112
-
-
Income
208 000
208 000
208 000
208 000
Total tax
90 799
91 201
87 421
63 908
After tax
117 201
116 799
120 579
144 092
Living cost
19 270
19 270
19 270
19 270
Free-cash
97 931
97 529
101 309
124 822

Estimated living cost  is ₽19270 per week

₽13150
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1577
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽385
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4158
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽142622
₽136508
₽87709
₽96112
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
208 000
income
-
-
-
27 872
health
-
-
-
27 041
pensions
-
-
-
41 601
total
-
-
-
96 514
Employee
27 926
-
155 454
-
pensions
559
-
3 109
-
unemployment
446
-
2 486
-
income
3 144
-
29 972
-
total
4 149
-
35 567
-
Employer
27 926
-
155 454
-
health
3 630
-
20 209
-
pensions
5 586
-
31 091
-
unemployment
224
-
1 244
-
total
9 440
-
52 544
-
Corporate
170 634
208 000
-
-
income
34 126
41 601
-
-
total
34 126
41 601
-
-
Dividends
136 508
166 399
-
-
total
-
-
-
-
Income
208 000
208 000
208 000
208 000
Total tax
47 715
41 601
88 111
96 514
After tax
160 285
166 399
119 889
111 486
Living cost
23 777
23 777
23 777
23 777
Free-cash
136 508
142 622
96 112
87 709

Estimated living cost  is ₽23777 per week

₽16308
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1416
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.
₽5574
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4635
₽13554
₽120576
₽92763
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
208 000
accident
-
-
-
247
income
-
-
-
59 139
health
-
-
-
2 130
pensions
-
-
-
4 063
other
-
-
-
362
total
-
-
-
65 941
Employee
33 794
-
189 437
-
pensions
3 805
-
7 450
-
income
4 636
-
46 050
-
health
3 869
-
21 691
-
total
12 310
-
75 191
-
Employer
33 794
-
189 437
-
pensions
5 495
-
10 758
-
accident
564
-
3 164
-
unemployment
828
-
4 641
-
total
6 887
-
18 563
-
Corporate
167 319
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.

150 587
187 200
-
-
total
150 587
187 200
-
-
Dividends
16 732
20 800
-
-
withholding
3 179
3 952
-
-
total
3 179
3 952
-
-
Income
208 000
208 000
208 000
208 000
Total tax
172 963
191 152
93 754
65 941
After tax
35 037
16 848
114 246
142 059
Living cost
21 483
21 483
21 483
21 483
Free-cash
13 554
-4 635
92 763
120 576

Estimated living cost  is ₽21483 per week

₽15745
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1190
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4100
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽189095
₽187501
₽197415
₽157895
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
10 631
-
208 000
-
income
2 126
-
41 600
-
total
2 126
-
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%.

197 369
208 000
-
-
total
-
-
-
-
Dividends
197 369
208 000
-
-
withholding
9 868
10 400
-
-
total
9 868
10 400
-
-
Income
208 000
208 000
208 000
208 000
Total tax
11 994
10 400
41 600
2 080
After tax
196 006
197 600
166 400
205 920
Living cost
8 505
8 505
8 505
8 505
Free-cash
187 501
189 095
157 895
197 415

Estimated living cost  is ₽8505 per week

₽5271
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽707
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽234
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2293
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽126588
₽119938
₽96717
₽94969
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
208 000
income
-
-
-
35 429
health
-
-
-
6 587
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.

-
-
-
35 927
other
-
-
-
7 110
total
-
-
-
85 053
Employee
35 743
-
170 113
-
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.

2 501
-
10 478
-
unemployment
357
-
1 496
-
income
6 154
-
34 846
-
health
501
-
2 096
-
total
9 513
-
48 916
-
Employer
35 743
-
170 113
-
health
501
-
2 096
-
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.

6 077
-
25 449
-
accident
286
-
1 360
-
other
1 788
-
7 484
-
unemployment
357
-
1 496
-
total
9 009
-
37 885
-
Corporate
163 249
208 000
-
-
income
34 281
43 680
-
-
total
34 281
43 680
-
-
Dividends
128 968
164 320
-
-
withholding
9 029
11 502
-
-
total
9 029
11 502
-
-
Income
208 000
208 000
208 000
208 000
Total tax
61 832
55 182
86 801
85 053
After tax
146 168
152 818
121 199
122 947
Living cost
26 230
26 230
26 230
26 230
Free-cash
119 938
126 588
94 969
96 717

Estimated living cost  is ₽26230 per week

₽18533
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1771
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽422
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5503
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66293
₽74269
₽69166
₽50524
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
63 006
pensions
-
-
-
9 582
total
-
-
-
72 588
Employee
93 729
-
181 390
-
pensions
9 042
-
11 541
-
income
16 896
-
50 578
-
health
1 544
-
2 500
-
total
27 482
-
64 619
-
Employer
93 729
-
181 390
-
health
1 780
-
3 447
-
pensions
11 067
-
23 163
-
total
12 847
-
26 610
-
Corporate
101 424
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.

19 271
39 520
-
-
total
19 271
39 520
-
-
Dividends
82 153
168 480
-
-
withholding
7 885
35 941
-
-
total
7 885
35 941
-
-
Income
208 000
208 000
208 000
208 000
Total tax
67 485
75 461
91 229
72 588
After tax
140 515
132 539
116 771
135 412
Living cost
66 246
66 246
66 246
66 246
Free-cash
74 269
66 293
50 524
69 166

Estimated living cost  is ₽66246 per week

₽49640
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7784
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.
₽8285
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽164843
₽160238
₽154557
₽163074
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
139
income
-
-
-
31 200
health
-
-
-
3 982
pensions

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

-
-
-
5 125
total
-
-
-
40 446
Employee
17 210
-
201 206
-
pensions

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

1 511
-
3 040
-
income
1 721
-
20 121
-
health
792
-
1 593
-
accident

We are using the highest rate at 1.1%.

189
-
381
-
total
4 213
-
25 135
-
Employer
17 210
-
201 206
-
health
1 188
-
2 389
-
pensions

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

1 897
-
3 816
-
accident

We are using the highest rate at 1.1%.

189
-
381
-
unemployment
103
-
208
-
total
3 377
-
6 794
-
Corporate
187 413
208 000
-
-
income
18 742
20 800
-
-
total
18 742
20 800
-
-
Dividends
168 671
187 200
-
-
withholding
8 433
9 360
-
-
total
8 433
9 360
-
-
Income
208 000
208 000
208 000
208 000
Total tax
34 765
30 160
31 929
40 446
After tax
173 235
177 840
176 071
167 554
Living cost
12 997
12 997
12 997
12 997
Free-cash
160 238
164 843
163 074
154 557

Estimated living cost  is ₽12997 per week

₽7588
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽928
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽344
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4137
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48906
₽51383
₽57838
₽78464
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
208 000
income
-
-
-
71 902
health
-
-
-
12 139
pensions
-
-
-
11 534
total
-
-
-
95 575
Employee
91 267
84 064
189 706
-
pensions
11 534
11 534
11 534
-
income

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

13 760
13 760
32 982
-
health
11 386
10 975
12 139
-
total
36 680
36 269
56 655
-
Employer
91 267
84 064
189 706
-
health
6 342
5 843
7 261
-
pensions
6 352
5 851
7 273
-
unemployment
3 286
3 026
3 760
-
total
15 980
14 720
18 294
-
Corporate
100 753
109 215
-
-
income
20 151
21 844
-
-
total
20 151
21 844
-
-
Dividends
80 602
87 371
-
-
income
17 129
18 567
-
-
withholding
12 090
13 107
-
-
total
29 219
31 674
-
-
Income
208 000
208 000
208 000
208 000
Total tax
102 030
104 507
74 949
95 575
After tax
105 970
103 493
133 051
112 425
Living cost
54 587
54 587
54 587
54 587
Free-cash
51 383
48 906
78 464
57 838

Estimated living cost  is ₽54587 per week

₽40267
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4876
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽626
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8819
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽118716
₽109979
₽96804
₽87911
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
solidarity contribution
-
-
-
1 679
income
-
-
-
21 702
health
-
-
-
28 080
social contributions
-
-
-
35 243
total
-
-
-
86 704
Employee
36 018
-
163 143
-
social contributions
2 341
-
7 845
-
income
4 322
-
19 991
-
solidarity contribution
-
-
880
-
health
4 862
-
22 024
-
total
11 525
-
50 740
-
Employer
36 018
-
163 143
-
social contributions
9 004
-
30 174
-
health
3 242
-
14 683
-
total
12 246
-
44 857
-
Corporate
159 736
208 000
-
-
income
30 350
39 520
-
-
total
30 350
39 520
-
-
Dividends
129 386
168 480
-
-
withholding
19 408
25 272
-
-
total
19 408
25 272
-
-
Income
208 000
208 000
208 000
208 000
Total tax
73 529
64 792
95 597
86 704
After tax
134 471
143 208
112 403
121 296
Living cost
24 492
24 492
24 492
24 492
Free-cash
109 979
118 716
87 911
96 804

Estimated living cost  is ₽24492 per week

₽17012
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1742
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽482
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5256
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69439
₽64297
₽57862
₽49517
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
1 270
national
-
-
-
55 496
regional
-
-
-
2 565
social contributions
-
-
-
49 269
total
-
-
-
108 600
Employee
87 488
-
208 000
-
national
15 160
-
48 905
-
social contributions
29 501
-
64 593
-
municipal
463
-
1 147
-
regional
826
-
2 300
-
total
45 950
-
116 945
-
Employer
87 488
-
208 000
-
total
-
-
-
-
Corporate
120 512
208 000
-
-
municipal
4 700
8 111
-
-
nationa
28 924
49 919
-
-
total
33 624
58 030
-
-
Dividends
86 888
149 969
-
-
withholding
22 591
38 993
-
-
total
22 591
38 993
-
-
Income
208 000
208 000
208 000
208 000
Total tax
102 165
97 023
116 945
108 600
After tax
105 835
110 977
91 055
99 400
Living cost
41 538
41 538
41 538
41 538
Free-cash
64 297
69 439
49 517
57 862

Estimated living cost  is ₽41538 per week

₽28956
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2724
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽637
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9221
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽109109
₽106044
₽76248
₽70232
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
224
income
-
-
-
63 654
health
-
-
-
9 327
surtax
-
-
-
10 547
pensions
-
-
-
26 277
other
-
-
-
-
total
-
-
-
110 029
Employee
32 554
-
180 345
-
pensions
2 171
-
8 763
-
unemployment
2 266
-
9 144
-
income
5 457
-
57 765
-
other
-
-
-
-
surtax
106
-
9 369
-
health
831
-
3 349
-
total
10 831
-
88 390
-
Employer
32 554
-
180 345
-
health
1 481
-
5 978
-
pensions
4 340
-
17 513
-
other
-
-
-
-
unemployment
1 031
-
4 164
-
total
6 852
-
27 655
-
Corporate
168 594
208 000
-
-
income
43 835
54 080
-
-
total
43 835
54 080
-
-
Dividends
124 759
153 920
-
-
withholding
18 715
23 088
-
-
total
18 715
23 088
-
-
Income
208 000
208 000
208 000
208 000
Total tax
80 233
77 168
116 045
110 029
After tax
127 767
130 832
91 955
97 971
Living cost
21 723
21 723
21 723
21 723
Free-cash
106 044
109 109
70 232
76 248

Estimated living cost  is ₽21723 per week

₽13282
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2004
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽501
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5935
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87281
₽93825
₽90154
₽71513
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
63 006
pensions
-
-
-
9 582
total
-
-
-
72 588
Employee
62 815
-
181 390
-
pensions
5 332
-
11 541
-
income
11 313
-
50 578
-
health
912
-
2 500
-
total
17 557
-
64 619
-
Employer
62 815
-
181 390
-
health
1 193
-
3 447
-
pensions
6 800
-
23 163
-
total
7 993
-
26 610
-
Corporate
137 192
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.

26 067
39 520
-
-
total
26 067
39 520
-
-
Dividends
111 126
168 480
-
-
withholding
17 300
35 941
-
-
total
17 300
35 941
-
-
Income
208 000
208 000
208 000
208 000
Total tax
68 917
75 461
91 229
72 588
After tax
139 083
132 539
116 771
135 412
Living cost
45 258
45 258
45 258
45 258
Free-cash
93 825
87 281
71 513
90 154

Estimated living cost  is ₽45258 per week

₽33907
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3392
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.
₽7485
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽18165
₽51088
₽89063
₽80748
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
city
-
-
-
2 192
national
-
-
-
4 796
regional
-
-
-
11 237
health
-
-
-
468
pensions
-
-
-
19 135
other

This will depend on a canton and a chosen fund. The rate is between 0.3% and 3.4% with a maximum base of 148,200 CHF. We use 2% as an average rate.

-
-
-
4 160
total
-
-
-
41 988
Employee
90 050
-
186 784
-
national
426
-
3 810
-
city
966
-
2 014
-
pensions
7 565
-
15 004
-
unemployment
-
-
-
-
health
204
-
421
-
regional
2 949
-
9 894
-
total
12 110
-
31 143
-
Employer
90 050
-
186 784
-
health
204
-
421
-
pensions
7 565
-
15 004
-
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.

1 800
-
3 735
-
unemployment
-
-
-
-
total
9 569
-
19 160
-
Corporate
107 390
208 000
-
-
national
9 129
17 680
-
-
regional
22 714
43 991
-
-
total
31 843
61 671
-
-
Dividends
75 548
146 328
-
-
withholding
26 441
51 215
-
-
total
26 441
51 215
-
-
Income
208 000
208 000
208 000
208 000
Total tax
79 963
112 886
50 303
41 988
After tax
128 037
95 114
157 697
166 012
Living cost
76 949
76 949
76 949
76 949
Free-cash
51 088
18 165
80 748
89 063

Estimated living cost  is ₽76949 per week

₽50039
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6905
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽945
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19060
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽57614
₽73578
₽56478
₽84301
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
27 823
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.

-
-
-
68 131
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.

-
-
-
6 725
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.

-
-
-
3 747
total
-
-
-
106 426
Employee

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

59 161
-
208 000
-
income

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

6 957
-
68 131
-
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.

383
-
3 747
-
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.

6 725
-
6 725
-
total
14 065
-
78 603
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
148 839
208 000
-
-
income
22 326
31 199
-
-
surtax

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

1 227
1 717
-
-
trade
25 526
35 671
-
-
chamber of commerce
359
443
-
-
total
49 438
69 030
-
-
Dividends
99 402
138 970
-
-
surtax

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

1 347
1 891
-
-
withholding
24 476
34 369
-
-
total
25 823
36 260
-
-
Income
208 000
208 000
208 000
208 000
Total tax
89 326
105 290
78 603
106 426
After tax
118 674
102 710
129 397
101 574
Living cost
45 096
45 096
45 096
45 096
Free-cash
73 578
57 614
84 301
56 478

Estimated living cost  is ₽45096 per week

₽32936
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3607
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽587
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7967
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71152
₽76968
₽81306
₽76067
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
208 000
income
-
-
-
36 973
health
-
-
-
9 875
surtax
-
-
-
-
pensions
-
-
-
33 791
other
-
-
-
6 449
social contributions
-
-
-
5 926
total
-
-
-
93 014
Employee
42 131
-
159 245
-
pensions
4 764
-
11 793
-
social contributions
1 201
-
4 538
-
income
2 486
-
33 165
-
surtax
-
-
-
-
total
8 451
-
49 496
-
Employer
42 131
-
159 245
-
social contributions
127
-
478
-
health
2 950
-
15 587
-
pensions
6 921
-
19 724
-
other
1 453
-
6 519
-
unemployment
1 706
-
6 449
-
total
13 157
-
48 757
-
Corporate
152 712
208 000
-
-
income
42 759
58 240
-
-
surtax
-
-
-
-
total
42 759
58 240
-
-
Dividends
109 953
149 760
-
-
social contributions
18 911
25 759
-
-
surtax
-
-
-
-
withholding
14 074
19 169
-
-
total
32 985
44 928
-
-
Income
208 000
208 000
208 000
208 000
Total tax
97 352
103 168
98 253
93 014
After tax
110 648
104 832
109 747
114 986
Living cost
33 680
33 680
33 680
33 680
Free-cash
76 968
71 152
76 067
81 306

Estimated living cost  is ₽33680 per week

₽21237
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2739
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9133
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74489
₽79958
₽84643
₽79404
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
208 000
income
-
-
-
36 973
health
-
-
-
9 875
surtax
-
-
-
-
pensions
-
-
-
33 791
other
-
-
-
6 449
social contributions
-
-
-
5 926
total
-
-
-
93 014
Employee
37 608
-
159 245
-
pensions
4 254
-
11 793
-
social contributions
1 072
-
4 538
-
income
1 939
-
33 165
-
surtax
-
-
-
-
total
7 265
-
49 496
-
Employer
37 608
-
159 245
-
social contributions
112
-
478
-
health
2 632
-
15 587
-
pensions
6 180
-
19 724
-
other
1 298
-
6 519
-
unemployment
1 522
-
6 449
-
total
11 744
-
48 757
-
Corporate
158 647
208 000
-
-
income
44 421
58 240
-
-
surtax
-
-
-
-
total
44 421
58 240
-
-
Dividends
114 226
149 760
-
-
social contributions
19 647
25 759
-
-
surtax
-
-
-
-
withholding
14 622
19 169
-
-
total
34 269
44 928
-
-
Income
208 000
208 000
208 000
208 000
Total tax
97 699
103 168
98 253
93 014
After tax
110 301
104 832
109 747
114 986
Living cost
30 343
30 343
30 343
30 343
Free-cash
79 958
74 489
79 404
84 643

Estimated living cost  is ₽30343 per week

₽17597
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3082
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9088
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽106026
₽106536
₽112705
₽107398
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
208 000
income
-
-
-
31 199
health
-
-
-
14 519
social contributions
-
-
-
28 703
total
-
-
-
74 421
Employee
33 377
-
208 000
-
social contributions
4 607
-
28 703
-
income
5 567
-
36 506
-
health
2 330
-
14 519
-
total
12 504
-
79 728
-
Employer
33 377
-
208 000
-
total
-
-
-
-
Corporate
174 623
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%.

8 731
10 400
-
-
total
8 731
10 400
-
-
Dividends
165 891
197 600
-
-
social contributions
22 894
27 269
-
-
health
11 578
13 792
-
-
withholding
24 883
29 639
-
-
total
59 355
70 700
-
-
Income
208 000
208 000
208 000
208 000
Total tax
80 590
81 100
79 728
74 421
After tax
127 410
126 900
128 272
133 579
Living cost
20 874
20 874
20 874
20 874
Free-cash
106 536
106 026
107 398
112 705

Estimated living cost  is ₽20874 per week

₽13970
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1287
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.
₽5135
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80069
₽78546
₽72088
₽19986
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
6 038
income
-
-
-
64 089
chamber of commerce
-
-
-
831
health
-
-
-
8 797
surtax
-
-
-
194
pensions
-
-
-
21 276
total
-
-
-
101 225
Employee
49 196
39 230
170 647
-
pensions
5 038
4 016
11 776
-
unemployment
1 476
1 177
3 450
-
income
5 601
2 894
53 420
-
other
491
392
1 151
-
health
1 904
1 519
4 450
-
total
14 510
9 998
74 247
-
Employer
49 196
39 230
170 647
-
chamber of commerce
196
157
682
-
health
1 859
1 483
4 347
-
payroll
1 476
1 177
5 119
-
pensions
6 174
4 924
14 433
-
surtax
194
194
194
-
accident
639
510
1 494
-
other
2 337
1 862
7 633
-
unemployment
1 476
1 177
3 450
-
total
14 351
11 484
37 352
-
Corporate
144 453
157 285
166 911
-
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.

36 114
39 322
41 728
-
total
36 114
39 322
41 728
-
Dividends
108 339
117 963
-
-
withholding
29 792
32 440
-
-
total
29 792
32 440
-
-
Income
208 000
208 000
208 000
208 000
Total tax
94 767
93 244
153 327
101 225
After tax
113 233
114 756
54 673
106 775
Living cost
34 687
34 687
34 687
34 687
Free-cash
78 546
80 069
19 986
72 088

Estimated living cost  is ₽34687 per week

₽23135
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2959
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽570
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8023
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79001
₽65601
₽54506
₽35406
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
82 051
communal

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

-
-
-
11 007
social contributions
-
-
-
24 543
total
-
-
-
117 601
Employee

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

70 415
-
161 101
-
national
21 648
-
60 345
-
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.

5 281
-
12 083
-
communal

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

3 673
-
8 403
-
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.

613
-
1 401
-
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.

3 308
-
7 571
-
total
34 523
-
89 803
-
Employer

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

70 415
-
161 101
-
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.

4 330
-
9 908
-
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.

6 239
-
14 274
-
surtax
7 984
-
18 270
-
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.

915
-
2 094
-
unemployment

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

1 027
-
2 352
-
total
20 495
-
46 898
-
Corporate
117 088
208 000
-
-
income
23 418
43 508
-
-
surtax
469
871
-
-
total
23 887
44 379
-
-
Dividends
93 201
163 621
-
-
withholding

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

27 601
48 727
-
-
total
27 601
48 727
-
-
Income
208 000
208 000
208 000
208 000
Total tax
106 506
93 106
136 701
117 601
After tax
101 494
114 894
71 299
90 399
Living cost
35 893
35 893
35 893
35 893
Free-cash
65 601
79 001
35 406
54 506

Estimated living cost  is ₽35893 per week

₽23120
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3138
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽562
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9073
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽102678
₽95932
₽80789
₽76659
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
639
accident
-
-
-
822
income
-
-
-
64 286
pensions
-
-
-
25 821
other
-
-
-
92
total
-
-
-
91 660
Employee
49 001
-
178 912
-
pensions
2 303
-
4 289
-
unemployment
760
-
1 414
-
income
10 339
-
60 907
-
other
49
-
92
-
total
13 451
-
66 702
-
Employer
49 001
-
178 912
-
pensions
11 564
-
21 534
-
accident
970
-
1 806
-
other
390
-
730
-
unemployment
2 696
-
5 018
-
total
15 620
-
29 088
-
Corporate
143 379
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.

21 507
31 199
-
-
total
21 507
31 199
-
-
Dividends
121 872
176 801
-
-
withholding
25 939
38 572
-
-
total
25 939
38 572
-
-
Income
208 000
208 000
208 000
208 000
Total tax
76 517
69 771
95 790
91 660
After tax
131 483
138 229
112 210
116 340
Living cost
35 551
35 551
35 551
35 551
Free-cash
95 932
102 678
76 659
80 789

Estimated living cost  is ₽35551 per week

₽26180
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2522
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6337
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65383
₽51937
₽45464
₽53758
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
208 000
accident
-
-
-
1 754
income
-
-
-
38 036
communal
-
-
-
13 146
health
-
-
-
14 614
surtax
-
-
-
10 312
pensions
-
-
-
31 177
total
-
-
-
109 039
Employee
74 548
-
185 796
-
pensions
5 963
-
14 864
-
income
7 201
-
44 023
-
surtax
4 569
-
11 386
-
health
3 318
-
8 268
-
total
21 051
-
78 541
-
Employer
74 548
-
185 796
-
health
2 273
-
5 668
-
pensions
5 963
-
14 864
-
accident
671
-
1 672
-
total
8 907
-
22 204
-
Corporate
124 545
208 000
-
-
income
18 681
31 199
-
-
surtax
1 308
2 184
-
-
communal
8 406
14 041
-
-
total
28 395
47 424
-
-
Dividends
96 150
160 576
-
-
income
29 791
17 609
-
-
withholding
14 422
24 087
-
-
total
44 213
41 696
-
-
Income
208 000
208 000
208 000
208 000
Total tax
102 566
89 120
100 745
109 039
After tax
105 434
118 880
107 255
98 961
Living cost
53 497
53 497
53 497
53 497
Free-cash
51 937
65 383
53 758
45 464

Estimated living cost  is ₽53497 per week

₽40130
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3241
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽566
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9557
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽108721
₽105588
₽75860
₽69844
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
224
income
-
-
-
63 654
health
-
-
-
9 327
surtax
-
-
-
10 547
pensions
-
-
-
26 277
other
-
-
-
-
total
-
-
-
110 029
Employee
33 151
-
180 345
-
pensions
2 212
-
8 763
-
unemployment
2 307
-
9 144
-
income
5 558
-
57 765
-
other
-
-
-
-
surtax
118
-
9 369
-
health
846
-
3 349
-
total
11 041
-
88 390
-
Employer
33 151
-
180 345
-
health
1 508
-
5 978
-
pensions
4 420
-
17 513
-
other
-
-
-
-
unemployment
1 052
-
4 164
-
total
6 980
-
27 655
-
Corporate
167 869
208 000
-
-
income
43 646
54 080
-
-
total
43 646
54 080
-
-
Dividends
124 223
153 920
-
-
withholding
18 634
23 088
-
-
total
18 634
23 088
-
-
Income
208 000
208 000
208 000
208 000
Total tax
80 301
77 168
116 045
110 029
After tax
127 699
130 832
91 955
97 971
Living cost
22 111
22 111
22 111
22 111
Free-cash
105 588
108 721
69 844
75 860

Estimated living cost  is ₽22111 per week

₽13349
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1922
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽514
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6327
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82811
₽80625
₽72225
₽63926
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
1 270
national
-
-
-
55 496
regional
-
-
-
3 222
social contributions
-
-
-
49 269
total
-
-
-
109 257
Employee
54 606
-
208 000
-
national
8 651
-
48 905
-
social contributions
18 414
-
64 593
-
municipal
290
-
1 147
-
regional
735
-
2 911
-
total
28 090
-
117 556
-
Employer
54 606
-
208 000
-
total
-
-
-
-
Corporate
153 394
208 000
-
-
municipal
7 624
10 338
-
-
nationa
36 815
49 919
-
-
total
44 439
60 257
-
-
Dividends
108 955
147 743
-
-
withholding
28 328
38 414
-
-
total
28 328
38 414
-
-
Income
208 000
208 000
208 000
208 000
Total tax
100 857
98 671
117 556
109 257
After tax
107 143
109 329
90 444
98 743
Living cost
26 518
26 518
26 518
26 518
Free-cash
80 625
82 811
63 926
72 225

Estimated living cost  is ₽26518 per week

₽16492
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2686
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽454
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6886
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽113027
₽102260
₽91115
₽82222
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
solidarity contribution
-
-
-
1 679
income
-
-
-
21 702
health
-
-
-
28 080
social contributions
-
-
-
35 243
total
-
-
-
86 704
Employee
44 383
-
163 143
-
social contributions
2 885
-
7 845
-
income
5 326
-
19 991
-
solidarity contribution
-
-
880
-
health
5 992
-
22 024
-
total
14 203
-
50 740
-
Employer
44 383
-
163 143
-
social contributions
11 096
-
30 174
-
health
3 994
-
14 683
-
total
15 090
-
44 857
-
Corporate
148 526
208 000
-
-
income
28 220
39 520
-
-
total
28 220
39 520
-
-
Dividends
120 306
168 480
-
-
withholding
18 046
25 272
-
-
total
18 046
25 272
-
-
Income
208 000
208 000
208 000
208 000
Total tax
75 559
64 792
95 597
86 704
After tax
132 441
143 208
112 403
121 296
Living cost
30 181
30 181
30 181
30 181
Free-cash
102 260
113 027
82 222
91 115

Estimated living cost  is ₽30181 per week

₽22444
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1672
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5542
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83455
₽82967
₽75563
₽23317
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
6 038
income
-
-
-
64 089
chamber of commerce
-
-
-
831
health
-
-
-
8 797
surtax
-
-
-
-
pensions
-
-
-
21 276
total
-
-
-
101 031
Employee
43 031
39 230
170 829
-
pensions
4 407
4 016
11 776
-
unemployment
1 291
1 177
3 450
-
income
3 833
2 894
53 506
-
other
430
392
1 151
-
health
1 664
1 519
4 450
-
total
11 625
9 998
74 333
-
Employer
43 031
39 230
170 829
-
chamber of commerce
172
157
684
-
health
1 627
1 483
4 347
-
payroll
1 291
1 177
5 124
-
pensions
5 401
4 924
14 433
-
surtax
-
-
-
-
accident
559
510
1 494
-
other
2 044
1 862
7 639
-
unemployment
1 291
1 177
3 450
-
total
12 385
11 290
37 171
-
Corporate
152 585
157 479
167 092
-
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.

38 147
39 370
41 773
-
total
38 147
39 370
41 773
-
Dividends
114 439
118 109
-
-
withholding
31 470
32 481
-
-
total
31 470
32 481
-
-
Income
208 000
208 000
208 000
208 000
Total tax
93 627
93 139
153 277
101 031
After tax
114 373
114 861
54 723
106 969
Living cost
31 406
31 406
31 406
31 406
Free-cash
82 967
83 455
23 317
75 563

Estimated living cost  is ₽31406 per week

₽18840
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3208
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.
₽8799
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽184346
₽181861
₽192666
₽153146
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
16 567
-
208 000
-
income
3 314
-
41 600
-
total
3 314
-
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%.

191 433
208 000
-
-
total
-
-
-
-
Dividends
191 433
208 000
-
-
withholding
9 571
10 400
-
-
total
9 571
10 400
-
-
Income
208 000
208 000
208 000
208 000
Total tax
12 885
10 400
41 600
2 080
After tax
195 115
197 600
166 400
205 920
Living cost
13 254
13 254
13 254
13 254
Free-cash
181 861
184 346
153 146
192 666

Estimated living cost  is ₽13254 per week

₽8969
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽556
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽444
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3284
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽116804
₽108571
₽71583
₽67069
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
312
income
-
-
-
51 248
health
-
-
-
20 467
pensions
-
-
-
37 986
total
-
-
-
110 013
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.

43 531
-
179 979
-
pensions
6 748
-
27 896
-
unemployment
62
-
252
-
income
7 507
-
46 733
-
health
2 811
-
11 625
-
total
17 128
-
86 506
-
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.

43 531
-
179 979
-
health
2 899
-
11 986
-
pensions
3 852
-
15 927
-
unemployment
26
-
108
-
total
6 777
-
28 021
-
Corporate
157 692
208 000
-
-
income
29 961
39 520
-
-
total
29 961
39 520
-
-
Dividends
127 731
168 480
-
-
withholding
19 159
25 272
-
-
total
19 159
25 272
-
-
Income
208 000
208 000
208 000
208 000
Total tax
73 025
64 792
114 527
110 013
After tax
134 975
143 208
93 473
97 987
Living cost
26 404
26 404
26 404
26 404
Free-cash
108 571
116 804
67 069
71 583

Estimated living cost  is ₽26404 per week

₽18121
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1692
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6081
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80242
₽29195
₽97440
₽147577
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
208 000
income
-
-
-
40 543
social contributions
-
-
-
23 712
total
-
-
-
64 255
Employee
66 395
-
-
-
social contributions
5 444
-
776
-
income
14 646
-
-
-
total
20 090
-
776
-
Employer
66 395
-
-
-
social contributions
93 618
-
13 342
-
total
93 618
-
13 342
-
Corporate
47 987
208 000
-
-
income
10 557
45 760
-
-
total
10 557
45 760
-
-
Dividends
37 430
162 240
-
-
income
8 235
35 693
-
-
total
8 235
35 693
-
-
Income
208 000
208 000
208 000
208 000
Total tax
132 500
81 453
14 118
64 255
After tax
75 500
126 547
193 882
143 745
Living cost
46 305
46 305
46 305
46 305
Free-cash
29 195
80 242
147 577
97 440

Estimated living cost  is ₽46305 per week

₽30045
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4355
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.
₽11315
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87433
₽86441
₽78295
₽62520
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Based on articles 30.º, 31.º and 151.º of CIRS, sole-trader can use 75% of income as a tax base when earnings are below €200,000 per annum.

-
-
-
208 000
income
-
-
-
26 547
surtax
-
-
-
-
social contributions

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

-
-
-
72 280
total
-
-
-
98 827
Employee
45 275
-
168 081
-
social contributions
4 980
-
18 489
-
income
9 417
-
56 190
-
surtax
-
-
4
-
total
14 397
-
74 683
-
Employer
45 275
-
168 081
-
social contributions
10 753
-
39 919
-
total
10 753
-
39 919
-
Corporate
151 972
208 000
-
-
income
31 915
43 680
-
-
surtax
-
-
-
-
total
31 915
43 680
-
-
Dividends
120 058
164 320
-
-
withholding
33 616
46 009
-
-
total
33 616
46 009
-
-
Income
208 000
208 000
208 000
208 000
Total tax
90 681
89 689
114 602
98 827
After tax
117 319
118 311
93 398
109 173
Living cost
30 878
30 878
30 878
30 878
Free-cash
86 441
87 433
62 520
78 295

Estimated living cost  is ₽30878 per week

₽23103
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1821
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.
₽5438
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57286
₽64050
₽67440
₽62201
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
208 000
income
-
-
-
36 973
health
-
-
-
9 875
surtax
-
-
-
-
pensions
-
-
-
33 791
other
-
-
-
6 449
social contributions
-
-
-
5 926
total
-
-
-
93 014
Employee
61 655
-
159 245
-
pensions
6 974
-
11 793
-
social contributions
1 756
-
4 538
-
income
5 380
-
33 165
-
surtax
-
-
-
-
total
14 110
-
49 496
-
Employer
61 655
-
159 245
-
social contributions
185
-
478
-
health
4 315
-
15 587
-
pensions
10 131
-
19 724
-
other
2 128
-
6 519
-
unemployment
2 498
-
6 449
-
total
19 257
-
48 757
-
Corporate
127 088
208 000
-
-
income
35 585
58 240
-
-
surtax
-
-
-
-
total
35 585
58 240
-
-
Dividends
91 503
149 760
-
-
social contributions
15 739
25 759
-
-
surtax
-
-
-
-
withholding
11 713
19 169
-
-
total
27 452
44 928
-
-
Income
208 000
208 000
208 000
208 000
Total tax
96 404
103 168
98 253
93 014
After tax
111 596
104 832
109 747
114 986
Living cost
47 546
47 546
47 546
47 546
Free-cash
64 050
57 286
62 201
67 440

Estimated living cost  is ₽47546 per week

₽32178
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3889
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽652
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10826
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽157610
₽154301
₽122403
₽127930
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 247
social contributions
-
-
-
45 759
total
-
-
-
56 006
Employee
31 648
-
180 087
-
social contributions
2 057
-
11 705
-
income
-
-
10 861
-
total
2 057
-
22 566
-
Employer
31 648
-
180 087
-
social contributions
4 906
-
27 913
-
total
4 906
-
27 913
-
Corporate
171 447
208 000
-
-
income
17 145
20 799
-
-
total
17 145
20 799
-
-
Dividends
154 301
187 201
-
-
total
-
-
-
-
Income
208 000
208 000
208 000
208 000
Total tax
24 108
20 799
50 479
56 006
After tax
183 892
187 201
157 521
151 994
Living cost
29 591
29 591
29 591
29 591
Free-cash
154 301
157 610
127 930
122 403

Estimated living cost  is ₽29591 per week

₽19133
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2231
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽557
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7670
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6074
-₽6074
₽73336
-₽6074
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
44 365
national
-
-
-
25 556
labour market
-
-
-
16 572
pensions
-
-
-
852
total
-
-
-
87 345
Employee
199 724
199 724
199 724
-
national
24 400
24 400
24 400
-
pensions
284
284
284
-
municipal
42 530
42 530
42 530
-
labour market
15 955
15 955
15 955
-
total
83 169
83 169
83 169
-
Employer
199 724
199 724
199 724
-
municipal
42 598
42 598
42 598
-
labour market
15 978
15 978
15 978
-
national
24 442
24 442
24 442
-
pensions
568
568
568
-
total
83 586
83 586
83 586
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
208 000
208 000
208 000
208 000
Total tax
166 755
166 755
166 755
87 345
After tax
41 245
41 245
41 245
120 655
Living cost
47 319
47 319
47 319
47 319
Free-cash
-6 074
-6 074
-6 074
73 336

Estimated living cost  is ₽47319 per week

₽32386
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4186
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽728
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10020
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4318
₽13601
₽120893
₽93080
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
208 000
accident
-
-
-
247
income
-
-
-
59 139
health
-
-
-
2 130
pensions
-
-
-
4 063
other
-
-
-
362
total
-
-
-
65 941
Employee
33 296
-
189 437
-
pensions
3 749
-
7 450
-
income
4 568
-
46 050
-
health
3 813
-
21 691
-
total
12 130
-
75 191
-
Employer
33 296
-
189 437
-
pensions
5 414
-
10 758
-
accident
556
-
3 164
-
unemployment
816
-
4 641
-
total
6 786
-
18 563
-
Corporate
167 919
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.

151 127
187 200
-
-
total
151 127
187 200
-
-
Dividends
16 792
20 800
-
-
withholding
3 190
3 952
-
-
total
3 190
3 952
-
-
Income
208 000
208 000
208 000
208 000
Total tax
173 233
191 152
93 754
65 941
After tax
34 767
16 848
114 246
142 059
Living cost
21 166
21 166
21 166
21 166
Free-cash
13 601
-4 318
93 080
120 893

Estimated living cost  is ₽21166 per week

₽15407
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1207
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽397
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4156
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90393
₽93433
₽91336
₽67509
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
36 938
national
-
-
-
39 139
health
-
-
-
2 793
total
-
-
-
78 870
Employee
51 792
-
174 981
-
national
856
-
24 469
-
pensions
3 495
-
11 812
-
unemployment
777
-
2 625
-
municipal
8 483
-
28 487
-
health
387
-
2 285
-
total
13 998
-
69 678
-
Employer
51 792
-
174 981
-
health
398
-
1 347
-
pensions
8 986
-
30 358
-
accident
52
-
176
-
unemployment
336
-
1 138
-
total
9 772
-
33 019
-
Corporate
146 436
208 000
-
-
income
29 288
41 601
-
-
total
29 288
41 601
-
-
Dividends

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

87 861
124 800
-
-
municipal
15 815
22 464
-
-
national
7 900
15 748
-
-
total
23 715
38 212
-
-
Income
208 000
208 000
208 000
208 000
Total tax
76 773
79 813
102 697
78 870
After tax
131 227
128 187
105 303
129 130
Living cost
37 794
37 794
37 794
37 794
Free-cash
93 433
90 393
67 509
91 336

Estimated living cost  is ₽37794 per week

₽24687
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3635
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽602
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8872
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽128834
₽123477
₽117644
₽115907
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
208 000
income
-
-
-
46 333
health
-
-
-
5 304
social contributions
-
-
-
15 927
total
-
-
-
67 564
Employee
75 696
75 696
195 902
-
social contributions
2 862
6 282
8 474
-
income
8 242
7 007
45 398
-
health
587
1 287
3 331
-
total
11 691
14 576
57 203
-
Employer
75 696
75 696
195 902
-
social contributions
2 862
6 282
8 474
-
health
637
1 401
3 624
-
total
3 499
7 683
12 098
-
Corporate
170 019
124 620
-
-
income
21 251
15 578
-
-
total
21 251
15 578
-
-
Dividends
148 767
109 042
-
-
withholding
25 290
18 537
-
-
total
25 290
18 537
-
-
Income
208 000
208 000
208 000
208 000
Total tax
61 731
56 374
69 301
67 564
After tax
146 269
151 626
138 699
140 436
Living cost
22 792
22 792
22 792
22 792
Free-cash
123 477
128 834
115 907
117 644

Estimated living cost  is ₽22792 per week

₽13660
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2236
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽504
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6393
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽156616
₽151610
₽161071
₽141326
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
28
income
-
-
-
21 448
health
-
-
-
3 562
pensions
-
-
-
6 262
total
-
-
-
31 300
Employee

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

22 596
-
198 379
-
pensions
3 389
-
14 011
-
unemployment
112
-
467
-
income
1 545
-
19 008
-
health
1 920
-
7 939
-
total
6 966
-
41 425
-
Employer

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

22 596
-
198 379
-
health
971
-
4 016
-
pensions
1 242
-
5 137
-
unemployment
112
-
467
-
total
2 325
-
9 620
-
Corporate
183 079
208 000
-
-
income
16 477
18 720
-
-
total
16 477
18 720
-
-
Dividends
166 602
189 280
-
-
withholding
14 993
17 035
-
-
total
14 993
17 035
-
-
Income
208 000
208 000
208 000
208 000
Total tax
40 761
35 755
51 045
31 300
After tax
167 239
172 245
156 955
176 700
Living cost
15 629
15 629
15 629
15 629
Free-cash
151 610
156 616
141 326
161 071

Estimated living cost  is ₽15629 per week

₽9972
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1126
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4065
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽111159
₽106811
₽89270
₽85140
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
639
accident
-
-
-
822
income
-
-
-
64 286
pensions
-
-
-
25 821
other
-
-
-
92
total
-
-
-
91 660
Employee
36 399
-
178 912
-
pensions
1 711
-
4 289
-
unemployment
564
-
1 414
-
income
7 018
-
60 907
-
other
35
-
92
-
total
9 328
-
66 702
-
Employer
36 399
-
178 912
-
pensions
8 590
-
21 534
-
accident
721
-
1 806
-
other
291
-
730
-
unemployment
2 003
-
5 018
-
total
11 605
-
29 088
-
Corporate
159 996
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.

23 999
31 199
-
-
total
23 999
31 199
-
-
Dividends
135 997
176 801
-
-
withholding
29 187
38 572
-
-
total
29 187
38 572
-
-
Income
208 000
208 000
208 000
208 000
Total tax
74 119
69 771
95 790
91 660
After tax
133 881
138 229
112 210
116 340
Living cost
27 070
27 070
27 070
27 070
Free-cash
106 811
111 159
85 140
89 270

Estimated living cost  is ₽27070 per week

₽18272
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2602
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5722
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽128126
₽127853
₽132555
₽132436
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
208 000
income
-
-
-
71 682
health
-
-
-
881
pensions
-
-
-
1 216
total
-
-
-
73 779
Employee
2 538
-
206 633
-
pensions
228
-
547
-
unemployment
25
-
61
-
income
491
-
71 618
-
health
127
-
304
-
total
871
-
72 530
-
Employer
2 538
-
206 633
-
health
241
-
577
-
pensions
279
-
669
-
unemployment
51
-
122
-
total
571
-
1 368
-
Corporate
204 891
208 000
-
-
income
45 076
45 760
-
-
total
45 076
45 760
-
-
Dividends
159 815
162 240
-
-
withholding
31 963
32 448
-
-
total
31 963
32 448
-
-
Income
208 000
208 000
208 000
208 000
Total tax
78 481
78 208
73 898
73 779
After tax
129 519
129 792
134 102
134 221
Living cost
1 666
1 666
1 666
1 666
Free-cash
127 853
128 126
132 436
132 555

Estimated living cost  is ₽1666 per week

₽990
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽135
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽38
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽503
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽133285
₽128449
₽115657
₽115657
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
1 089
income
-
-
-
47 895
health
-
-
-
7 481
pensions
-
-
-
18 883
total
-
-
-
75 348
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.

25 628
-
195 000
-
pensions
3 588
-
10 168
-
unemployment
192
-
545
-
income
3 533
-
47 895
-
health
1 320
-
3 740
-
total
8 633
-
62 348
-
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.

25 628
-
195 000
-
health
1 320
-
3 740
-
pensions
3 075
-
8 715
-
unemployment
192
-
545
-
total
4 587
-
13 000
-
Corporate
177 785
208 000
-
-
income
26 668
31 200
-
-
total
26 668
31 200
-
-
Dividends
151 117
176 800
-
-
withholding
22 668
26 520
-
-
total
22 668
26 520
-
-
Income
208 000
208 000
208 000
208 000
Total tax
62 556
57 720
75 348
75 348
After tax
145 444
150 280
132 652
132 652
Living cost
16 995
16 995
16 995
16 995
Free-cash
128 449
133 285
115 657
115 657

Estimated living cost  is ₽16995 per week

₽11443
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1315
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3746
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91772
₽91417
₽82634
₽66859
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Based on articles 30.º, 31.º and 151.º of CIRS, sole-trader can use 75% of income as a tax base when earnings are below €200,000 per annum.

-
-
-
208 000
income
-
-
-
26 547
surtax
-
-
-
-
social contributions

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

-
-
-
72 280
total
-
-
-
98 827
Employee
38 207
-
168 081
-
social contributions
4 203
-
18 489
-
income
7 465
-
56 190
-
surtax
-
-
4
-
total
11 668
-
74 683
-
Employer
38 207
-
168 081
-
social contributions
9 073
-
39 919
-
total
9 073
-
39 919
-
Corporate
160 720
208 000
-
-
income
33 751
43 680
-
-
surtax
-
-
-
-
total
33 751
43 680
-
-
Dividends
126 969
164 320
-
-
withholding
35 552
46 009
-
-
total
35 552
46 009
-
-
Income
208 000
208 000
208 000
208 000
Total tax
90 044
89 689
114 602
98 827
After tax
117 956
118 311
93 398
109 173
Living cost
26 539
26 539
26 539
26 539
Free-cash
91 417
91 772
66 859
82 634

Estimated living cost  is ₽26539 per week

₽18797
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1844
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5429
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽103633
₽97190
₽81744
₽77614
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
639
accident
-
-
-
822
income
-
-
-
64 286
pensions
-
-
-
25 821
other
-
-
-
92
total
-
-
-
91 660
Employee
47 542
-
178 912
-
pensions
2 234
-
4 289
-
unemployment
736
-
1 414
-
income
9 930
-
60 907
-
other
47
-
92
-
total
12 947
-
66 702
-
Employer
47 542
-
178 912
-
pensions
11 220
-
21 534
-
accident
942
-
1 806
-
other
381
-
730
-
unemployment
2 615
-
5 018
-
total
15 158
-
29 088
-
Corporate
145 300
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.

21 795
31 199
-
-
total
21 795
31 199
-
-
Dividends
123 505
176 801
-
-
withholding
26 314
38 572
-
-
total
26 314
38 572
-
-
Income
208 000
208 000
208 000
208 000
Total tax
76 214
69 771
95 790
91 660
After tax
131 786
138 229
112 210
116 340
Living cost
34 596
34 596
34 596
34 596
Free-cash
97 190
103 633
77 614
81 744

Estimated living cost  is ₽34596 per week

₽24846
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2690
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6574
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽160787
₽154746
₽150501
₽159018
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
139
income
-
-
-
31 200
health
-
-
-
3 982
pensions

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

-
-
-
5 125
total
-
-
-
40 446
Employee
22 581
-
201 206
-
pensions

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

1 982
-
3 040
-
income
2 258
-
20 121
-
health
1 039
-
1 593
-
accident

We are using the highest rate at 1.1%.

248
-
381
-
total
5 527
-
25 135
-
Employer
22 581
-
201 206
-
health
1 558
-
2 389
-
pensions

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

2 488
-
3 816
-
accident

We are using the highest rate at 1.1%.

248
-
381
-
unemployment
136
-
208
-
total
4 430
-
6 794
-
Corporate
180 989
208 000
-
-
income
18 099
20 800
-
-
total
18 099
20 800
-
-
Dividends
162 890
187 200
-
-
withholding
8 145
9 360
-
-
total
8 145
9 360
-
-
Income
208 000
208 000
208 000
208 000
Total tax
36 201
30 160
31 929
40 446
After tax
171 799
177 840
176 071
167 554
Living cost
17 053
17 053
17 053
17 053
Free-cash
154 746
160 787
159 018
150 501

Estimated living cost  is ₽17053 per week

₽11279
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽976
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽407
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4392
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68985
₽81864
₽68112
₽91392
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
23 280
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.

-
-
-
68 131
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.

-
-
-
6 725
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.

-
-
-
3 747
total
-
-
-
101 883
Employee

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

48 980
-
208 000
-
income

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

4 028
-
68 131
-
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.

222
-
3 747
-
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.

6 725
-
6 725
-
total
10 975
-
78 603
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
159 020
208 000
-
-
income
23 854
31 199
-
-
surtax

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

1 311
1 717
-
-
trade
22 819
29 848
-
-
chamber of commerce
383
454
-
-
total
48 367
63 218
-
-
Dividends
110 653
144 782
-
-
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.

1 500
1 971
-
-
withholding
27 289
35 821
-
-
total
28 789
37 792
-
-
Income
208 000
208 000
208 000
208 000
Total tax
88 131
101 010
78 603
101 883
After tax
119 869
106 990
129 397
106 117
Living cost
38 005
38 005
38 005
38 005
Free-cash
81 864
68 985
91 392
68 112

Estimated living cost  is ₽38005 per week

₽26217
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4089
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7147
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89524
₽91698
₽49493
₽49493
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
66 928
social contributions
-
-
-
35 503
total
-
-
-
102 431
Employee
77 003
-
208 000
-
social contributions
6 397
-
35 503
-
income
14 530
-
66 928
-
total
20 927
-
102 431
-
Employer
77 003
-
208 000
-
total
-
-
-
-
Corporate
130 997
208 000
-
-
income
16 374
26 000
-
-
total
16 374
26 000
-
-
Dividends
114 624
182 000
-
-
withholding
22 925
36 400
-
-
total
22 925
36 400
-
-
Income
208 000
208 000
208 000
208 000
Total tax
60 226
62 400
102 431
102 431
After tax
147 774
145 600
105 569
105 569
Living cost
56 076
56 076
56 076
56 076
Free-cash
91 698
89 524
49 493
49 493

Estimated living cost  is ₽56076 per week

₽42662
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4569
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8309
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94265
₽97704
₽134975
₽110048
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

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

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

-
-
-
6 092
total
-
-
-
37 291
Employee
45 159
-
203 472
-
social contributions
4 525
-
4 528
-
income
4 900
-
53 162
-
total
9 425
-
57 690
-
Employer
45 159
-
203 472
-
social contributions
4 525
-
4 528
-
total
4 525
-
4 528
-
Corporate
158 317
208 000
-
-
income
55 411
72 800
-
-
total
55 411
72 800
-
-
Dividends
102 905
135 200
-
-
social contributions
5 201
5 201
-
-
total
5 201
5 201
-
-
Income
208 000
208 000
208 000
208 000
Total tax
74 562
78 001
62 218
37 291
After tax
133 438
129 999
145 782
170 709
Living cost
35 734
35 734
35 734
35 734
Free-cash
97 704
94 265
110 048
134 975

Estimated living cost  is ₽35734 per week

₽23538
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2817
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8830
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95746
₽101611
₽98619
₽79978
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
63 006
pensions
-
-
-
9 582
total
-
-
-
72 588
Employee
50 504
-
181 390
-
pensions
3 855
-
11 541
-
income
9 197
-
50 578
-
health
659
-
2 500
-
total
13 711
-
64 619
-
Employer
50 504
-
181 390
-
health
960
-
3 447
-
pensions
5 103
-
23 163
-
total
6 063
-
26 610
-
Corporate
151 434
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.

28 772
39 520
-
-
total
28 772
39 520
-
-
Dividends
122 662
168 480
-
-
withholding
21 050
35 941
-
-
total
21 050
35 941
-
-
Income
208 000
208 000
208 000
208 000
Total tax
69 596
75 461
91 229
72 588
After tax
138 404
132 539
116 771
135 412
Living cost
36 793
36 793
36 793
36 793
Free-cash
101 611
95 746
79 978
98 619

Estimated living cost  is ₽36793 per week

₽25240
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3383
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7707
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽6414
₽13280
₽118797
₽90984
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
208 000
accident
-
-
-
247
income
-
-
-
59 139
health
-
-
-
2 130
pensions
-
-
-
4 063
other
-
-
-
362
total
-
-
-
65 941
Employee
36 592
-
189 437
-
pensions
4 120
-
7 450
-
income
5 020
-
46 050
-
health
4 190
-
21 691
-
total
13 330
-
75 191
-
Employer
36 592
-
189 437
-
pensions
5 950
-
10 758
-
accident
611
-
3 164
-
unemployment
896
-
4 641
-
total
7 457
-
18 563
-
Corporate
163 952
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.

147 556
187 200
-
-
total
147 556
187 200
-
-
Dividends
16 395
20 800
-
-
withholding
3 115
3 952
-
-
total
3 115
3 952
-
-
Income
208 000
208 000
208 000
208 000
Total tax
171 458
191 152
93 754
65 941
After tax
36 542
16 848
114 246
142 059
Living cost
23 262
23 262
23 262
23 262
Free-cash
13 280
-6 414
90 984
118 797

Estimated living cost  is ₽23262 per week

₽17071
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1355
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4366
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽145813
₽142834
₽116553
₽138216
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
1 891
health insurance
-
-
-
11 658
income
-
-
-
34 815
work injury
-
-
-
788
pensions
-
-
-
28 988
total
-
-
-
78 140
Employee

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

21 291
-
208 000
-
work injury
106
-
394
-
pensions
3 917
-
14 494
-
unemployment
255
-
945
-
income
2 129
-
34 815
-
health insurance
1 575
-
5 829
-
total
7 982
-
56 477
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
186 709
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%.

18 671
20 800
-
-
total
18 671
20 800
-
-
Dividends
168 038
187 200
-
-
withholding
25 206
28 080
-
-
total
25 206
28 080
-
-
Income
208 000
208 000
208 000
208 000
Total tax
51 859
48 880
56 477
78 140
After tax
156 141
159 120
151 523
129 860
Living cost
13 307
13 307
13 307
13 307
Free-cash
142 834
145 813
138 216
116 553

Estimated living cost  is ₽13307 per week

₽8244
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽967
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽415
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3681
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70345
₽65869
₽57633
₽49548
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
1 429
national
-
-
-
55 496
regional
-
-
-
4 957
social contributions
-
-
-
49 269
total
-
-
-
111 151
Employee
82 952
-
208 000
-
national
14 018
-
48 905
-
social contributions
27 971
-
64 593
-
municipal
495
-
1 291
-
regional
1 252
-
4 447
-
total
43 736
-
119 236
-
Employer
82 952
-
208 000
-
total
-
-
-
-
Corporate
125 048
208 000
-
-
municipal
6 026
10 026
-
-
nationa
30 011
49 919
-
-
total
36 037
59 945
-
-
Dividends
89 010
148 055
-
-
withholding
23 142
38 494
-
-
total
23 142
38 494
-
-
Income
208 000
208 000
208 000
208 000
Total tax
102 915
98 439
119 236
111 151
After tax
105 085
109 561
88 764
96 849
Living cost
39 216
39 216
39 216
39 216
Free-cash
65 869
70 345
49 548
57 633

Estimated living cost  is ₽39216 per week

₽27547
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2698
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8378
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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