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
₽75700
₽99947
₽74233
₽86342
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
208 000
income

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

-
-
-
68 565
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.

-
-
-
3 771
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.

-
-
-
6 573
trade
-
-
-
25 714
total
-
-
-
104 623
Employee

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

36 802
-
208 000
-
surtax

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

57
-
3 771
-
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.

1 028
-
68 565
-
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.

6 573
-
6 573
-
total
7 658
-
78 909
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
171 198
208 000
-
-
income
25 680
31 200
-
-
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.

1 413
1 716
-
-
chamber of commerce
393
446
-
-
trade
26 963
32 761
-
-
total
54 449
66 123
-
-
Dividends
116 749
141 878
-
-
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.

1 585
1 930
-
-
withholding
28 822
35 103
-
-
total
30 407
37 033
-
-
Income
208 000
208 000
208 000
208 000
Total tax
92 514
103 156
78 909
104 623
After tax
115 486
104 844
129 091
103 377
Living cost
29 144
29 144
29 144
29 144
Free-cash
86 342
75 700
99 947
74 233

Estimated living cost  is ₽29144 per week

₽18332
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3398
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽544
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6869
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78374
₽69651
₽68534
₽77519
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
208 000
social contributions
-
-
-
2 236
municipal
-
-
-
22 994
national
-
-
-
37 858
pensions
-
-
-
24 960
total
-
-
-
88 048
Employee
79 708
-
179 814
-
municipal
9 845
-
23 799
-
pensions
3 188
-
7 193
-
national
15 256
-
39 621
-
total
28 289
-
70 613
-
Employer
79 708
-
179 814
-
pensions
6 377
-
14 385
-
social contributions
857
-
1 933
-
total
7 234
-
16 318
-
Corporate
115 798
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%.

23 160
41 600
-
-
total
23 160
41 600
-
-
Dividends
92 639
166 400
-
-
withholding
20 380
36 608
-
-
total
20 380
36 608
-
-
Income
208 000
208 000
208 000
208 000
Total tax
79 063
78 208
86 931
88 048
After tax
128 937
129 792
121 069
119 952
Living cost
51 418
51 418
51 418
51 418
Free-cash
77 519
78 374
69 651
68 534

Estimated living cost  is ₽51418 per week

₽34948
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4780
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽770
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10920
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽146383
₽69972
₽55071
₽138490
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

As of 1 January, 2018 a microenterprise tax rate for microenterprise turnover of up to €40,000 is 15%. This tax is inclusive of all other taxes and contributions.

Microenterprise tax could also be applied to a company but as the only exception is a limitation of liability, we advise to register as a sole-trader.

-
-
-
208 000
income
-
-
-
43 008
surtax
-
-
-
53 039
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.

-
-
-
36 865
microenterprise
-
-
-
-
total
-
-
-
132 912
Employee
28 115
-
162 500
-
surtax
-
-
23 562
-
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.

3 093
-
12 613
-
income
5 005
-
36 336
-
total
8 098
-
72 511
-
Employer
28 115
-
162 500
-
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.

6 772
-
27 624
-
surtax
-
-
17 876
-
total
6 772
-
45 500
-
Corporate
173 112
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%.

34 623
41 600
-
-
total
34 623
41 600
-
-
Dividends

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

138 489
166 400
-
-
total
-
-
-
-
Income
208 000
208 000
208 000
208 000
Total tax
49 493
41 600
118 011
132 912
After tax
158 507
166 400
89 989
75 088
Living cost
20 017
20 017
20 017
20 017
Free-cash
138 490
146 383
69 972
55 071

Estimated living cost  is ₽20017 per week

₽12771
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1906
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4886
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63248
₽92734
₽71846
₽57352
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
72 709
health
-
-
-
11 865
pensions
-
-
-
11 273
total
-
-
-
95 847
Employee
82 167
82 167
190 119
-
pensions
14 790
11 273
11 273
-
income

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

13 449
13 449
33 940
-
health
12 612
10 727
11 865
-
total
40 851
35 449
57 078
-
Employer
82 167
82 167
190 119
-
health
5 711
5 711
7 097
-
pensions
5 719
5 719
7 108
-
unemployment
2 958
2 958
3 676
-
total
14 388
14 388
17 881
-
Corporate
112 453
111 445
-
-
income
22 490
22 289
-
-
total
22 490
22 289
-
-
Dividends
89 963
89 156
-
-
income
19 117
18 946
-
-
withholding
13 495
13 373
-
-
total
32 612
32 319
-
-
Income
208 000
208 000
208 000
208 000
Total tax
110 341
104 445
74 959
95 847
After tax
97 659
103 555
133 041
112 153
Living cost
40 307
40 307
40 307
40 307
Free-cash
57 352
63 248
92 734
71 846

Estimated living cost  is ₽40307 per week

₽28565
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3634
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽641
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7468
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74208
₽64380
₽65334
₽73324
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
172
other
-
-
-
10 024
unemployment
-
-
-
86
health
-
-
-
5 383
municipal
-
-
-
54 574
national
-
-
-
23 742
pensions
-
-
-
9 325
total
-
-
-
103 306
Employee
56 084
-
180 896
-
municipal
16 724
-
53 943
-
national
-
-
23 214
-
total
16 724
-
77 157
-
Employer
56 084
-
180 896
-
health
3 449
-
5 305
-
pensions
6 063
-
9 325
-
accident
112
-
172
-
unemployment
1 481
-
2 277
-
other
6 517
-
10 024
-
total
17 622
-
27 103
-
Corporate
134 295
208 000
-
-
income
29 545
45 760
-
-
total
29 545
45 760
-
-
Dividends
104 750
162 240
-
-
withholding
31 425
48 672
-
-
total
31 425
48 672
-
-
Income
208 000
208 000
208 000
208 000
Total tax
95 316
94 432
104 260
103 306
After tax
112 684
113 568
103 740
104 694
Living cost
39 360
39 360
39 360
39 360
Free-cash
73 324
74 208
64 380
65 334

Estimated living cost  is ₽39360 per week

₽26086
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3862
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽598
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8814
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65975
₽91292
₽64435
₽79498
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
208 000
income

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

-
-
-
68 565
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.

-
-
-
3 771
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.

-
-
-
6 573
trade
-
-
-
26 857
total
-
-
-
105 766
Employee

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

48 794
-
208 000
-
surtax

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

230
-
3 771
-
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.

4 192
-
68 565
-
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.

6 573
-
6 573
-
total
10 995
-
78 909
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
159 206
208 000
-
-
income
23 881
31 200
-
-
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.

1 313
1 716
-
-
chamber of commerce
372
442
-
-
trade
26 189
34 216
-
-
total
51 755
67 574
-
-
Dividends
107 450
140 426
-
-
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.

1 457
1 910
-
-
withholding
26 496
34 742
-
-
total
27 953
36 652
-
-
Income
208 000
208 000
208 000
208 000
Total tax
90 703
104 226
78 909
105 766
After tax
117 297
103 774
129 091
102 234
Living cost
37 799
37 799
37 799
37 799
Free-cash
79 498
65 975
91 292
64 435

Estimated living cost  is ₽37799 per week

₽25280
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3986
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽564
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7968
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽120404
₽107306
₽109032
₽116414
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
46 888
social contributions
-
-
-
15 568
health
-
-
-
5 304
total
-
-
-
67 760
Employee
73 987
73 987
196 090
-
social contributions
3 595
6 141
8 282
-
income
7 769
6 849
45 960
-
health
736
1 258
3 334
-
total
12 100
14 248
57 576
-
Employer
73 987
73 987
196 090
-
health
802
1 369
3 628
-
social contributions
3 595
6 141
8 282
-
total
4 397
7 510
11 910
-
Corporate
160 294
126 503
-
-
income
20 038
15 812
-
-
total
20 038
15 812
-
-
Dividends
140 257
110 690
-
-
withholding
23 843
18 818
-
-
total
23 843
18 818
-
-
Income
208 000
208 000
208 000
208 000
Total tax
60 378
56 388
69 486
67 760
After tax
147 622
151 612
138 514
140 240
Living cost
31 208
31 208
31 208
31 208
Free-cash
116 414
120 404
107 306
109 032

Estimated living cost  is ₽31208 per week

₽21334
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2438
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6913
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99095
₽102908
₽126421
₽99462
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

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

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

The minimum wage is 138,000 HUF per month.

25 508
10 152
174 059
-
unemployment
383
152
2 611
-
pensions
2 551
1 015
17 406
-
income
3 118
1 241
21 279
-
health
1 786
711
12 184
-
total
7 838
3 119
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.

25 508
10 152
174 059
-
pensions
4 974
1 980
33 941
-
total
4 974
1 980
33 941
-
Corporate
177 518
195 869
-
-
income
15 977
17 628
-
-
total
15 977
17 628
-
-
Dividends
161 541
178 240
-
-
social contributions
31 385
34 641
-
-
withholding
30 693
33 866
-
-
total
62 078
68 507
-
-
Income
208 000
208 000
208 000
208 000
Total tax
90 867
91 234
87 421
63 908
After tax
117 133
116 766
120 579
144 092
Living cost
17 671
17 671
17 671
17 671
Free-cash
99 462
99 095
102 908
126 421

Estimated living cost  is ₽17671 per week

₽12059
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1446
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽353
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3813
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽143160
₽96646
₽88247
₽137182
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
27 873
health
-
-
-
27 040
pensions
-
-
-
41 600
total
-
-
-
96 513
Employee
27 296
-
155 455
-
unemployment
436
-
2 487
-
pensions
546
-
3 110
-
income
3 073
-
29 973
-
total
4 055
-
35 570
-
Employer
27 296
-
155 455
-
health
3 548
-
20 209
-
pensions
5 460
-
31 092
-
unemployment
219
-
1 243
-
total
9 227
-
52 544
-
Corporate
171 478
208 000
-
-
income
34 296
41 600
-
-
total
34 296
41 600
-
-
Dividends
137 182
166 400
-
-
total
-
-
-
-
Income
208 000
208 000
208 000
208 000
Total tax
47 578
41 600
88 114
96 513
After tax
160 422
166 400
119 886
111 487
Living cost
23 240
23 240
23 240
23 240
Free-cash
137 182
143 160
96 646
88 247

Estimated living cost  is ₽23240 per week

₽15940
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1384
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽467
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5449
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4624
₽92777
₽120588
₽13554
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
246
income
-
-
-
59 143
other
-
-
-
362
health
-
-
-
2 128
pensions
-
-
-
4 061
total
-
-
-
65 940
Employee
33 776
-
189 442
-
pensions
3 803
-
7 446
-
income
4 634
-
46 056
-
health
3 867
-
21 691
-
total
12 304
-
75 193
-
Employer
33 776
-
189 442
-
pensions
5 492
-
10 753
-
accident
564
-
3 164
-
unemployment
827
-
4 641
-
total
6 883
-
18 558
-
Corporate
167 341
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.

150 607
187 200
-
-
total
150 607
187 200
-
-
Dividends
16 734
20 800
-
-
withholding
3 180
3 952
-
-
total
3 180
3 952
-
-
Income
208 000
208 000
208 000
208 000
Total tax
172 974
191 152
93 751
65 940
After tax
35 026
16 848
114 249
142 060
Living cost
21 472
21 472
21 472
21 472
Free-cash
13 554
-4 624
92 777
120 588

Estimated living cost  is ₽21472 per week

₽15737
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.
₽4097
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽189720
₽158520
₽198040
₽188243
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 850
-
208 000
-
income
1 970
-
41 600
-
total
1 970
-
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%.

198 150
208 000
-
-
total
-
-
-
-
Dividends
198 150
208 000
-
-
withholding
9 907
10 400
-
-
total
9 907
10 400
-
-
Income
208 000
208 000
208 000
208 000
Total tax
11 877
10 400
41 600
2 080
After tax
196 123
197 600
166 400
205 920
Living cost
7 880
7 880
7 880
7 880
Free-cash
188 243
189 720
158 520
198 040

Estimated living cost  is ₽7880 per week

₽4883
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽655
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽217
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2125
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽127179
₽96314
₽98056
₽120681
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
35 803
other
-
-
-
6 949
health
-
-
-
6 438
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.

-
-
-
35 116
total
-
-
-
84 306
Employee
34 936
-
170 932
-
unemployment
349
-
1 463
-
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.

2 445
-
10 242
-
income
6 015
-
35 224
-
health
489
-
2 049
-
total
9 298
-
48 978
-
Employer
34 936
-
170 932
-
health
489
-
2 049
-
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.

5 940
-
24 875
-
accident
279
-
1 368
-
unemployment
349
-
1 463
-
other
1 747
-
7 315
-
total
8 804
-
37 070
-
Corporate
164 260
208 000
-
-
income
34 495
43 680
-
-
total
34 495
43 680
-
-
Dividends
129 764
164 320
-
-
withholding
9 084
11 503
-
-
total
9 084
11 503
-
-
Income
208 000
208 000
208 000
208 000
Total tax
61 681
55 183
86 048
84 306
After tax
146 319
152 817
121 952
123 694
Living cost
25 638
25 638
25 638
25 638
Free-cash
120 681
127 179
96 314
98 056

Estimated living cost  is ₽25638 per week

₽18115
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1731
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽413
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5379
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68193
₽52691
₽71292
₽75849
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
63 747
pensions
-
-
-
9 366
total
-
-
-
73 113
Employee
89 978
-
181 324
-
pensions
8 680
-
11 223
-
income
16 219
-
51 345
-
health
1 483
-
2 472
-
total
26 382
-
65 040
-
Employer
89 978
-
181 324
-
health
1 709
-
3 445
-
pensions
10 624
-
23 229
-
total
12 333
-
26 674
-
Corporate
105 690
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.

20 081
39 519
-
-
total
20 081
39 519
-
-
Dividends
85 609
168 481
-
-
withholding
9 760
36 693
-
-
total
9 760
36 693
-
-
Income
208 000
208 000
208 000
208 000
Total tax
68 556
76 212
91 714
73 113
After tax
139 444
131 788
116 286
134 887
Living cost
63 595
63 595
63 595
63 595
Free-cash
75 849
68 193
52 691
71 292

Estimated living cost  is ₽63595 per week

₽47653
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7472
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7954
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽165233
₽163800
₽155226
₽160764
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
208 000
income
-
-
-
31 200
unemployment
-
-
-
134
health
-
-
-
3 862
pensions

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

-
-
-
4 971
total
-
-
-
40 167
Employee
16 693
-
201 411
-
accident

We are using the highest rate at 1.1%.

184
-
369
-
pensions

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

1 466
-
2 949
-
income
1 669
-
20 141
-
health
768
-
1 545
-
total
4 087
-
25 004
-
Employer
16 693
-
201 411
-
health
1 152
-
2 317
-
pensions

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

1 840
-
3 701
-
accident

We are using the highest rate at 1.1%.

184
-
369
-
unemployment
100
-
202
-
total
3 276
-
6 589
-
Corporate
188 031
208 000
-
-
income
18 804
20 800
-
-
total
18 804
20 800
-
-
Dividends
169 228
187 200
-
-
withholding
8 462
9 360
-
-
total
8 462
9 360
-
-
Income
208 000
208 000
208 000
208 000
Total tax
34 629
30 160
31 593
40 167
After tax
173 371
177 840
176 407
167 833
Living cost
12 607
12 607
12 607
12 607
Free-cash
160 764
165 233
163 800
155 226

Estimated living cost  is ₽12607 per week

₽7360
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽900
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽334
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4013
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50201
₽79687
₽58799
₽52619
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
72 709
health
-
-
-
11 865
pensions
-
-
-
11 273
total
-
-
-
95 847
Employee
89 206
82 167
190 119
-
pensions
11 273
11 273
11 273
-
income

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

13 449
13 449
33 940
-
health
11 129
10 727
11 865
-
total
35 851
35 449
57 078
-
Employer
89 206
82 167
190 119
-
health
6 199
5 711
7 097
-
pensions
6 208
5 719
7 108
-
unemployment
3 212
2 958
3 676
-
total
15 619
14 388
17 881
-
Corporate
103 175
111 445
-
-
income
20 635
22 289
-
-
total
20 635
22 289
-
-
Dividends
82 540
89 156
-
-
income
17 540
18 946
-
-
withholding
12 382
13 373
-
-
total
29 922
32 319
-
-
Income
208 000
208 000
208 000
208 000
Total tax
102 027
104 445
74 959
95 847
After tax
105 973
103 555
133 041
112 153
Living cost
53 354
53 354
53 354
53 354
Free-cash
52 619
50 201
79 687
58 799

Estimated living cost  is ₽53354 per week

₽39358
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4766
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽612
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8620
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽119278
₽88848
₽97803
₽110742
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
208 000
income
-
-
-
21 823
social contributions
-
-
-
34 435
solidarity contribution
-
-
-
1 929
health
-
-
-
28 080
total
-
-
-
86 267
Employee
35 191
-
163 778
-
solidarity contribution
-
-
1 125
-
social contributions
2 287
-
7 665
-
income
4 223
-
20 100
-
health
4 751
-
22 110
-
total
11 261
-
51 000
-
Employer
35 191
-
163 778
-
health
3 167
-
14 740
-
social contributions
8 798
-
29 482
-
total
11 965
-
44 222
-
Corporate
160 843
208 000
-
-
income
30 560
39 520
-
-
total
30 560
39 520
-
-
Dividends
130 283
168 480
-
-
withholding
19 542
25 272
-
-
total
19 542
25 272
-
-
Income
208 000
208 000
208 000
208 000
Total tax
73 328
64 792
95 222
86 267
After tax
134 672
143 208
112 778
121 733
Living cost
23 930
23 930
23 930
23 930
Free-cash
110 742
119 278
88 848
97 803

Estimated living cost  is ₽23930 per week

₽16622
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1702
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.
₽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 Brno model

Close
Milan , Italy
₽70374
₽50956
₽59112
₽65352
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
208 000
social contributions
-
-
-
48 157
regional
-
-
-
2 590
municipal
-
-
-
1 278
national
-
-
-
56 262
total
-
-
-
108 287
Employee
85 513
-
208 000
-
municipal
453
-
1 159
-
national
14 817
-
49 820
-
regional
807
-
2 329
-
social contributions
28 835
-
63 135
-
total
44 912
-
116 443
-
Employer
85 513
-
208 000
-
total
-
-
-
-
Corporate
122 487
208 000
-
-
municipal
4 777
8 113
-
-
nationa
29 397
49 921
-
-
total
34 174
58 034
-
-
Dividends
88 313
149 967
-
-
withholding
22 961
38 991
-
-
total
22 961
38 991
-
-
Income
208 000
208 000
208 000
208 000
Total tax
102 047
97 025
116 443
108 287
After tax
105 953
110 975
91 557
99 713
Living cost
40 601
40 601
40 601
40 601
Free-cash
65 352
70 374
50 956
59 112

Estimated living cost  is ₽40601 per week

₽28302
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2662
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽623
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9013
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽109599
₽70805
₽76689
₽106605
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
208 000
income
-
-
-
64 329
other
-
-
-
-
surtax
-
-
-
10 731
unemployment
-
-
-
219
health
-
-
-
9 117
pensions
-
-
-
25 683
total
-
-
-
110 079
Employee
31 819
-
180 969
-
other
-
-
-
-
unemployment
2 215
-
8 938
-
pensions
2 122
-
8 565
-
surtax
104
-
9 581
-
income
5 334
-
58 574
-
health
813
-
3 274
-
total
10 588
-
88 932
-
Employer
31 819
-
180 969
-
health
1 448
-
5 843
-
pensions
4 242
-
17 118
-
unemployment
1 008
-
4 070
-
other
-
-
-
-
total
6 698
-
27 031
-
Corporate
169 484
208 000
-
-
income
44 065
54 080
-
-
total
44 065
54 080
-
-
Dividends
125 419
153 920
-
-
withholding
18 812
23 089
-
-
total
18 812
23 089
-
-
Income
208 000
208 000
208 000
208 000
Total tax
80 163
77 169
115 963
110 079
After tax
127 837
130 831
92 037
97 921
Living cost
21 232
21 232
21 232
21 232
Free-cash
106 605
109 599
70 805
76 689

Estimated living cost  is ₽21232 per week

₽12982
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1959
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5801
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88341
₽72839
₽91440
₽94621
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
63 747
pensions
-
-
-
9 366
total
-
-
-
73 113
Employee
60 301
-
181 324
-
pensions
5 118
-
11 223
-
income
10 860
-
51 345
-
health
875
-
2 472
-
total
16 853
-
65 040
-
Employer
60 301
-
181 324
-
health
1 146
-
3 445
-
pensions
6 528
-
23 229
-
total
7 674
-
26 674
-
Corporate
140 026
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.

26 604
39 519
-
-
total
26 604
39 519
-
-
Dividends
113 422
168 481
-
-
withholding
18 801
36 693
-
-
total
18 801
36 693
-
-
Income
208 000
208 000
208 000
208 000
Total tax
69 932
76 212
91 714
73 113
After tax
138 068
131 788
116 286
134 887
Living cost
43 447
43 447
43 447
43 447
Free-cash
94 621
88 341
72 839
91 440

Estimated living cost  is ₽43447 per week

₽32550
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3256
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.
₽7185
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

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
₽18569
₽81133
₽89400
₽51321
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
208 000
other

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

-
-
-
4 160
regional
-
-
-
11 265
health
-
-
-
468
city
-
-
-
2 192
national
-
-
-
4 834
pensions
-
-
-
19 135
total
-
-
-
42 054
Employee
89 579
-
186 814
-
unemployment
-
-
-
-
pensions
7 526
-
14 975
-
national
424
-
3 853
-
regional
2 933
-
9 926
-
city
961
-
2 015
-
health
202
-
421
-
total
12 046
-
31 190
-
Employer
89 579
-
186 814
-
health
202
-
421
-
pensions
7 526
-
14 975
-
unemployment
-
-
-
-
other

This will depend on a canton and a chosen fund. The rate is between 0.1% and 3.63% for an employee. We use 2% as an average rate.

1 791
-
3 735
-
total
9 519
-
19 131
-
Corporate
107 917
208 000
-
-
regional
22 825
43 991
-
-
national
9 173
17 680
-
-
total
31 998
61 671
-
-
Dividends
75 918
146 329
-
-
withholding
26 570
51 214
-
-
total
26 570
51 214
-
-
Income
208 000
208 000
208 000
208 000
Total tax
80 133
112 885
50 321
42 054
After tax
127 867
95 115
157 679
165 946
Living cost
76 546
76 546
76 546
76 546
Free-cash
51 321
18 569
81 133
89 400

Estimated living cost  is ₽76546 per week

₽49777
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6869
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽940
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18960
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽58627
₽85013
₽57012
₽74230
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
208 000
income

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

-
-
-
68 565
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.

-
-
-
3 771
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.

-
-
-
6 573
trade
-
-
-
28 001
total
-
-
-
106 910
Employee

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

57 825
-
208 000
-
surtax

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

374
-
3 771
-
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.

6 800
-
68 565
-
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.

6 573
-
6 573
-
total
13 747
-
78 909
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
150 175
208 000
-
-
income
22 526
31 200
-
-
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.

1 240
1 716
-
-
chamber of commerce
358
438
-
-
trade
25 755
35 671
-
-
total
49 879
69 025
-
-
Dividends
100 296
138 975
-
-
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.

1 358
1 892
-
-
withholding
24 708
34 378
-
-
total
26 066
36 270
-
-
Income
208 000
208 000
208 000
208 000
Total tax
89 692
105 295
78 909
106 910
After tax
118 308
102 705
129 091
101 090
Living cost
44 078
44 078
44 078
44 078
Free-cash
74 230
58 627
85 013
57 012

Estimated living cost  is ₽44078 per week

₽32193
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3526
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7788
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71914
₽76077
₽81635
₽77598
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
37 657
other
-
-
-
6 447
surtax
-
-
-
-
social contributions
-
-
-
5 927
health
-
-
-
9 997
pensions
-
-
-
33 418
total
-
-
-
93 446
Employee
41 180
-
159 027
-
pensions
4 656
-
11 869
-
surtax
-
-
-
-
social contributions
1 174
-
4 532
-
income
2 430
-
33 629
-
total
8 260
-
50 030
-
Employer
41 180
-
159 027
-
health
2 883
-
15 673
-
pensions
6 765
-
19 836
-
unemployment
1 667
-
6 440
-
social contributions
124
-
477
-
other
1 421
-
6 548
-
total
12 860
-
48 974
-
Corporate
153 960
208 000
-
-
income
43 108
58 240
-
-
surtax
-
-
-
-
total
43 108
58 240
-
-
Dividends
110 852
149 760
-
-
surtax
-
-
-
-
social contributions
19 066
25 758
-
-
withholding
14 189
19 169
-
-
total
33 255
44 927
-
-
Income
208 000
208 000
208 000
208 000
Total tax
97 483
103 167
99 004
93 446
After tax
110 517
104 833
108 996
114 554
Living cost
32 919
32 919
32 919
32 919
Free-cash
77 598
71 914
76 077
81 635

Estimated living cost  is ₽32919 per week

₽20757
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2677
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8927
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75175
₽79338
₽84896
₽80518
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
37 657
other
-
-
-
6 447
surtax
-
-
-
-
social contributions
-
-
-
5 927
health
-
-
-
9 997
pensions
-
-
-
33 418
total
-
-
-
93 446
Employee
36 759
-
159 027
-
pensions
4 158
-
11 869
-
surtax
-
-
-
-
social contributions
1 048
-
4 532
-
income
1 895
-
33 629
-
total
7 101
-
50 030
-
Employer
36 759
-
159 027
-
health
2 573
-
15 673
-
pensions
6 040
-
19 836
-
unemployment
1 488
-
6 440
-
social contributions
110
-
477
-
other
1 269
-
6 548
-
total
11 480
-
48 974
-
Corporate
159 762
208 000
-
-
income
44 733
58 240
-
-
surtax
-
-
-
-
total
44 733
58 240
-
-
Dividends
115 028
149 760
-
-
surtax
-
-
-
-
social contributions
19 786
25 758
-
-
withholding
14 724
19 169
-
-
total
34 510
44 927
-
-
Income
208 000
208 000
208 000
208 000
Total tax
97 824
103 167
99 004
93 446
After tax
110 176
104 833
108 996
114 554
Living cost
29 658
29 658
29 658
29 658
Free-cash
80 518
75 175
79 338
84 896

Estimated living cost  is ₽29658 per week

₽17200
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3013
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.
₽8883
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽106496
₽107754
₽113175
₽106996
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
208 000
income
-
-
-
31 200
social contributions
-
-
-
28 704
health
-
-
-
14 518
total
-
-
-
74 422
Employee
32 624
-
208 000
-
social contributions
4 503
-
28 704
-
income
5 441
-
36 621
-
health
2 277
-
14 518
-
total
12 221
-
79 843
-
Employer
32 624
-
208 000
-
total
-
-
-
-
Corporate
175 376
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%.

8 768
10 400
-
-
total
8 768
10 400
-
-
Dividends
166 608
197 600
-
-
social contributions
22 992
27 268
-
-
withholding
24 991
29 640
-
-
health
11 629
13 793
-
-
total
59 612
70 701
-
-
Income
208 000
208 000
208 000
208 000
Total tax
80 601
81 101
79 843
74 422
After tax
127 399
126 899
128 157
133 578
Living cost
20 403
20 403
20 403
20 403
Free-cash
106 996
106 496
107 754
113 175

Estimated living cost  is ₽20403 per week

₽13654
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1258
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.
₽5019
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80816
₽20717
₽72789
₽79326
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
208 000
income
-
-
-
64 990
surtax
-
-
-
190
unemployment
-
-
-
5 901
chamber of commerce
-
-
-
833
health
-
-
-
8 598
pensions
-
-
-
20 795
total
-
-
-
101 307
Employee
48 086
38 344
171 171
-
other
480
383
1 125
-
unemployment
1 442
1 150
3 372
-
pensions
4 925
3 926
11 511
-
income
5 474
2 828
54 314
-
health
1 861
1 484
4 349
-
total
14 182
9 771
74 671
-
Employer
48 086
38 344
171 171
-
chamber of commerce
192
153
685
-
health
1 817
1 450
4 249
-
pensions
6 035
4 813
14 107
-
accident
624
498
1 461
-
unemployment
1 442
1 150
3 372
-
surtax
190
190
190
-
payroll
1 442
1 150
5 134
-
other
2 284
1 820
7 631
-
total
14 026
11 224
36 829
-
Corporate
145 888
158 430
167 519
-
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.

36 473
39 608
41 879
-
total
36 473
39 608
41 879
-
Dividends
109 415
118 822
-
-
withholding
30 089
32 677
-
-
total
30 089
32 677
-
-
Income
208 000
208 000
208 000
208 000
Total tax
94 770
93 280
153 379
101 307
After tax
113 230
114 720
54 621
106 693
Living cost
33 904
33 904
33 904
33 904
Free-cash
79 326
80 816
20 717
72 789

Estimated living cost  is ₽33904 per week

₽22612
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2892
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.
₽7842
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79533
₽35999
₽55342
₽66733
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
208 000
communal

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

-
-
-
11 041
social contributions
-
-
-
23 989
national
-
-
-
82 546
total
-
-
-
117 576
Employee

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

68 826
-
161 103
-
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.

599
-
1 402
-
communal

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

3 590
-
8 403
-
pensions

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

5 162
-
12 082
-
national
21 160
-
60 564
-
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.

3 234
-
7 572
-
total
33 745
-
90 023
-
Employer

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

68 826
-
161 103
-
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.

4 232
-
9 907
-
pensions

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

6 099
-
14 273
-
accident

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

895
-
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.

1 004
-
2 352
-
surtax
7 804
-
18 270
-
total
20 034
-
46 896
-
Corporate
119 140
208 000
-
-
income
23 828
43 886
-
-
surtax
477
878
-
-
total
24 305
44 764
-
-
Dividends
94 836
163 236
-
-
withholding

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

28 101
48 621
-
-
total
28 101
48 621
-
-
Income
208 000
208 000
208 000
208 000
Total tax
106 185
93 385
136 919
117 576
After tax
101 815
114 615
71 081
90 424
Living cost
35 082
35 082
35 082
35 082
Free-cash
66 733
79 533
35 999
55 342

Estimated living cost  is ₽35082 per week

₽22598
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3068
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8869
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽103434
₽77514
₽81551
₽96840
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
803
income
-
-
-
64 947
other
-
-
-
89
unemployment
-
-
-
624
pensions
-
-
-
25 238
total
-
-
-
91 701
Employee
47 895
-
179 569
-
other
47
-
89
-
unemployment
743
-
1 382
-
pensions
2 251
-
4 192
-
income
10 106
-
61 644
-
total
13 147
-
67 307
-
Employer
47 895
-
179 569
-
pensions
11 302
-
21 047
-
accident
948
-
1 766
-
unemployment
2 635
-
4 904
-
other
382
-
714
-
total
15 267
-
28 431
-
Corporate
144 838
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.

21 727
31 200
-
-
total
21 727
31 200
-
-
Dividends
123 112
176 800
-
-
withholding
26 271
38 618
-
-
total
26 271
38 618
-
-
Income
208 000
208 000
208 000
208 000
Total tax
76 412
69 818
95 738
91 701
After tax
131 588
138 182
112 262
116 299
Living cost
34 748
34 748
34 748
34 748
Free-cash
96 840
103 434
77 514
81 551

Estimated living cost  is ₽34748 per week

₽25588
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2465
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6194
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66210
₽54530
₽46236
₽53014
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
208 000
communal
-
-
-
13 145
accident
-
-
-
1 753
income
-
-
-
38 473
surtax
-
-
-
10 311
health
-
-
-
14 615
pensions
-
-
-
31 178
total
-
-
-
109 475
Employee
72 865
-
185 799
-
pensions
5 828
-
14 863
-
surtax
4 466
-
11 386
-
income
7 038
-
44 462
-
health
3 243
-
8 268
-
total
20 575
-
78 979
-
Employer
72 865
-
185 799
-
health
2 222
-
5 666
-
pensions
5 828
-
14 863
-
accident
656
-
1 673
-
total
8 706
-
22 202
-
Corporate
126 429
208 000
-
-
communal
8 534
14 040
-
-
income
18 964
31 200
-
-
surtax
1 327
2 184
-
-
total
28 825
47 424
-
-
Dividends
97 603
160 577
-
-
income
29 951
17 991
-
-
withholding
14 640
24 086
-
-
total
44 591
42 077
-
-
Income
208 000
208 000
208 000
208 000
Total tax
102 697
89 501
101 181
109 475
After tax
105 303
118 499
106 819
98 525
Living cost
52 289
52 289
52 289
52 289
Free-cash
53 014
66 210
54 530
46 236

Estimated living cost  is ₽52289 per week

₽39224
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3168
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9341
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽109219
₽70425
₽76309
₽106159
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
208 000
income
-
-
-
64 329
other
-
-
-
-
surtax
-
-
-
10 731
unemployment
-
-
-
219
health
-
-
-
9 117
pensions
-
-
-
25 683
total
-
-
-
110 079
Employee
32 403
-
180 969
-
other
-
-
-
-
unemployment
2 255
-
8 938
-
pensions
2 162
-
8 565
-
surtax
115
-
9 581
-
income
5 432
-
58 574
-
health
827
-
3 274
-
total
10 791
-
88 932
-
Employer
32 403
-
180 969
-
health
1 474
-
5 843
-
pensions
4 320
-
17 118
-
unemployment
1 028
-
4 070
-
other
-
-
-
-
total
6 822
-
27 031
-
Corporate
168 775
208 000
-
-
income
43 882
54 080
-
-
total
43 882
54 080
-
-
Dividends
124 893
153 920
-
-
withholding
18 734
23 089
-
-
total
18 734
23 089
-
-
Income
208 000
208 000
208 000
208 000
Total tax
80 229
77 169
115 963
110 079
After tax
127 771
130 831
92 037
97 921
Living cost
21 612
21 612
21 612
21 612
Free-cash
106 159
109 219
70 425
76 309

Estimated living cost  is ₽21612 per week

₽13048
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1879
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽502
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6184
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83410
₽65026
₽73138
₽81274
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
208 000
social contributions
-
-
-
48 157
regional
-
-
-
3 246
municipal
-
-
-
1 278
national
-
-
-
56 262
total
-
-
-
108 943
Employee
53 374
-
208 000
-
municipal
283
-
1 159
-
national
8 456
-
49 820
-
regional
719
-
2 941
-
social contributions
17 998
-
63 135
-
total
27 456
-
117 055
-
Employer
53 374
-
208 000
-
total
-
-
-
-
Corporate
154 626
208 000
-
-
municipal
7 685
10 338
-
-
nationa
37 110
49 921
-
-
total
44 795
60 259
-
-
Dividends
109 831
147 741
-
-
withholding
28 556
38 412
-
-
total
28 556
38 412
-
-
Income
208 000
208 000
208 000
208 000
Total tax
100 807
98 671
117 055
108 943
After tax
107 193
109 329
90 945
99 057
Living cost
25 919
25 919
25 919
25 919
Free-cash
81 274
83 410
65 026
73 138

Estimated living cost  is ₽25919 per week

₽16119
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2626
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.
₽6730
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽113720
₽83290
₽92245
₽103200
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
208 000
income
-
-
-
21 823
social contributions
-
-
-
34 435
solidarity contribution
-
-
-
1 929
health
-
-
-
28 080
total
-
-
-
86 267
Employee
43 365
-
163 778
-
solidarity contribution
-
-
1 125
-
social contributions
2 819
-
7 665
-
income
5 204
-
20 100
-
health
5 854
-
22 110
-
total
13 877
-
51 000
-
Employer
43 365
-
163 778
-
health
3 903
-
14 740
-
social contributions
10 841
-
29 482
-
total
14 744
-
44 222
-
Corporate
149 891
208 000
-
-
income
28 479
39 520
-
-
total
28 479
39 520
-
-
Dividends
121 412
168 480
-
-
withholding
18 212
25 272
-
-
total
18 212
25 272
-
-
Income
208 000
208 000
208 000
208 000
Total tax
75 312
64 792
95 222
86 267
After tax
132 688
143 208
112 778
121 733
Living cost
29 488
29 488
29 488
29 488
Free-cash
103 200
113 720
83 290
92 245

Estimated living cost  is ₽29488 per week

₽21929
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1634
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽510
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5415
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84128
₽23969
₽76186
₽83647
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
208 000
income
-
-
-
64 990
surtax
-
-
-
-
unemployment
-
-
-
5 901
chamber of commerce
-
-
-
833
health
-
-
-
8 598
pensions
-
-
-
20 795
total
-
-
-
101 117
Employee
42 060
38 344
171 348
-
other
420
383
1 125
-
unemployment
1 262
1 150
3 372
-
pensions
4 307
3 926
11 511
-
income
3 747
2 828
54 400
-
health
1 627
1 484
4 349
-
total
11 363
9 771
74 757
-
Employer
42 060
38 344
171 348
-
chamber of commerce
168
153
685
-
health
1 590
1 450
4 249
-
pensions
5 279
4 813
14 107
-
accident
546
498
1 461
-
unemployment
1 262
1 150
3 372
-
surtax
-
-
-
-
payroll
1 262
1 150
5 140
-
other
1 998
1 820
7 638
-
total
12 105
11 034
36 652
-
Corporate
153 836
158 620
167 696
-
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.

38 459
39 655
41 925
-
total
38 459
39 655
41 925
-
Dividends
115 377
118 964
-
-
withholding
31 729
32 715
-
-
total
31 729
32 715
-
-
Income
208 000
208 000
208 000
208 000
Total tax
93 656
93 175
153 334
101 117
After tax
114 344
114 825
54 666
106 883
Living cost
30 697
30 697
30 697
30 697
Free-cash
83 647
84 128
23 969
76 186

Estimated living cost  is ₽30697 per week

₽18414
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3135
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8600
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽185321
₽154121
₽193641
₽183019
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We expect you will register a microenterprise to benefit from 1% tax rate. Otherwise you will be taxed at a personal income rate of 20%.

-
-
-
208 000
microenterprise

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

-
-
-
2 080
total
-
-
-
2 080
Employee
15 349
-
208 000
-
income
3 070
-
41 600
-
total
3 070
-
41 600
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

192 651
208 000
-
-
total
-
-
-
-
Dividends
192 651
208 000
-
-
withholding
9 632
10 400
-
-
total
9 632
10 400
-
-
Income
208 000
208 000
208 000
208 000
Total tax
12 702
10 400
41 600
2 080
After tax
195 298
197 600
166 400
205 920
Living cost
12 279
12 279
12 279
12 279
Free-cash
183 019
185 321
154 121
193 641

Estimated living cost  is ₽12279 per week

₽8310
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽515
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽412
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3042
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽117399
₽67136
₽71652
₽109352
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

A sole-trader pays social contribution from 75% of the assessed income made in the last year.

The minimum monthly assessed income used to calculate contributions is 60% of the insured's average monthly wage in the last year.

The maximum assessed income used to calculate contributions is 3.5 times the insured's average monthly wage in the last year.

-
-
-
208 000
income
-
-
-
51 775
unemployment
-
-
-
312
health
-
-
-
20 467
pensions
-
-
-
37 986
total
-
-
-
110 540
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.

42 548
-
179 978
-
unemployment
60
-
252
-
pensions
6 595
-
27 896
-
income
7 337
-
47 258
-
health
2 748
-
11 627
-
total
16 740
-
87 033
-
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.

42 548
-
179 978
-
health
2 834
-
11 987
-
pensions
3 765
-
15 928
-
unemployment
26
-
108
-
total
6 625
-
28 023
-
Corporate
158 828
208 000
-
-
income
30 177
39 520
-
-
total
30 177
39 520
-
-
Dividends
128 651
168 480
-
-
withholding
19 298
25 273
-
-
total
19 298
25 273
-
-
Income
208 000
208 000
208 000
208 000
Total tax
72 840
64 793
115 056
110 540
After tax
135 160
143 207
92 944
97 460
Living cost
25 808
25 808
25 808
25 808
Free-cash
109 352
117 399
67 136
71 652

Estimated living cost  is ₽25808 per week

₽17711
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1654
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5943
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84931
₽153696
₽102129
₽39055
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
59 671
-
-
-
social contributions
4 893
-
697
-
income
13 162
-
-
-
total
18 055
-
697
-
Employer
59 671
-
-
-
social contributions
84 136
-
11 991
-
total
84 136
-
11 991
-
Corporate
64 193
208 000
-
-
income
14 122
45 760
-
-
total
14 122
45 760
-
-
Dividends
50 071
162 240
-
-
income
11 016
35 693
-
-
total
11 016
35 693
-
-
Income
208 000
208 000
208 000
208 000
Total tax
127 329
81 453
12 688
64 255
After tax
80 671
126 547
195 312
143 745
Living cost
41 616
41 616
41 616
41 616
Free-cash
39 055
84 931
153 696
102 129

Estimated living cost  is ₽41616 per week

₽27002
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3914
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10169
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88129
₽62815
₽78742
₽87160
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 798
surtax
-
-
-
-
social contributions

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

-
-
-
72 279
total
-
-
-
99 077
Employee
44 253
-
168 080
-
surtax
-
-
88
-
social contributions
4 868
-
18 489
-
income
9 205
-
56 509
-
total
14 073
-
75 086
-
Employer
44 253
-
168 080
-
social contributions
10 510
-
39 918
-
total
10 510
-
39 918
-
Corporate
153 237
208 000
-
-
income
32 180
43 680
-
-
surtax
-
-
-
-
total
32 180
43 680
-
-
Dividends
121 057
164 320
-
-
withholding
33 896
46 010
-
-
total
33 896
46 010
-
-
Income
208 000
208 000
208 000
208 000
Total tax
90 659
89 690
115 004
99 077
After tax
117 341
118 310
92 996
108 923
Living cost
30 181
30 181
30 181
30 181
Free-cash
87 160
88 129
62 815
78 742

Estimated living cost  is ₽30181 per week

₽22581
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1780
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽5315
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58361
₽62524
₽68082
₽64972
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
37 657
other
-
-
-
6 447
surtax
-
-
-
-
social contributions
-
-
-
5 927
health
-
-
-
9 997
pensions
-
-
-
33 418
total
-
-
-
93 446
Employee
60 263
-
159 027
-
pensions
6 816
-
11 869
-
surtax
-
-
-
-
social contributions
1 716
-
4 532
-
income
5 258
-
33 629
-
total
13 790
-
50 030
-
Employer
60 263
-
159 027
-
health
4 218
-
15 673
-
pensions
9 902
-
19 836
-
unemployment
2 441
-
6 440
-
social contributions
181
-
477
-
other
2 080
-
6 548
-
total
18 822
-
48 974
-
Corporate
128 915
208 000
-
-
income
36 097
58 240
-
-
surtax
-
-
-
-
total
36 097
58 240
-
-
Dividends
92 818
149 760
-
-
surtax
-
-
-
-
social contributions
15 966
25 758
-
-
withholding
11 881
19 169
-
-
total
27 847
44 927
-
-
Income
208 000
208 000
208 000
208 000
Total tax
96 556
103 167
99 004
93 446
After tax
111 444
104 833
108 996
114 554
Living cost
46 472
46 472
46 472
46 472
Free-cash
64 972
58 361
62 524
68 082

Estimated living cost  is ₽46472 per week

₽31452
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3802
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.
₽10581
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽158276
₽128462
₽122936
₽155044
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 380
social contributions
-
-
-
45 761
total
-
-
-
56 141
Employee
30 933
-
180 087
-
income
-
-
10 996
-
social contributions
2 010
-
11 706
-
total
2 010
-
22 702
-
Employer
30 933
-
180 087
-
social contributions
4 795
-
27 913
-
total
4 795
-
27 913
-
Corporate
172 272
208 000
-
-
income
17 228
20 801
-
-
total
17 228
20 801
-
-
Dividends
155 044
187 199
-
-
total
-
-
-
-
Income
208 000
208 000
208 000
208 000
Total tax
24 033
20 801
50 615
56 141
After tax
183 967
187 199
157 385
151 859
Living cost
28 923
28 923
28 923
28 923
Free-cash
155 044
158 276
128 462
122 936

Estimated living cost  is ₽28923 per week

₽18701
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2180
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽544
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7497
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1306
-₽1306
₽74168
-₽1306
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
208 000
labour market
-
-
-
16 573
municipal
-
-
-
44 479
national
-
-
-
25 682
pensions
-
-
-
833
total
-
-
-
87 567
Employee
195 275
195 275
195 275
-
municipal
41 583
41 583
41 583
-
labour market
15 600
15 600
15 600
-
pensions
278
278
278
-
national
23 856
23 856
23 856
-
total
81 317
81 317
81 317
-
Employer
195 275
195 275
195 275
-
national
23 898
23 898
23 898
-
labour market
15 622
15 622
15 622
-
pensions
555
555
555
-
municipal
41 649
41 649
41 649
-
total
81 724
81 724
81 724
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
208 000
208 000
208 000
208 000
Total tax
163 041
163 041
163 041
87 567
After tax
44 959
44 959
44 959
120 433
Living cost
46 265
46 265
46 265
46 265
Free-cash
-1 306
-1 306
-1 306
74 168

Estimated living cost  is ₽46265 per week

₽31665
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4093
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽712
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9797
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4307
₽93094
₽120905
₽13603
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
246
income
-
-
-
59 143
other
-
-
-
362
health
-
-
-
2 128
pensions
-
-
-
4 061
total
-
-
-
65 940
Employee
33 278
-
189 442
-
pensions
3 747
-
7 446
-
income
4 565
-
46 056
-
health
3 811
-
21 691
-
total
12 123
-
75 193
-
Employer
33 278
-
189 442
-
pensions
5 411
-
10 753
-
accident
556
-
3 164
-
unemployment
815
-
4 641
-
total
6 782
-
18 558
-
Corporate
167 940
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.

151 146
187 200
-
-
total
151 146
187 200
-
-
Dividends
16 794
20 800
-
-
withholding
3 191
3 952
-
-
total
3 191
3 952
-
-
Income
208 000
208 000
208 000
208 000
Total tax
173 242
191 152
93 751
65 940
After tax
34 758
16 848
114 249
142 060
Living cost
21 155
21 155
21 155
21 155
Free-cash
13 603
-4 307
93 094
120 905

Estimated living cost  is ₽21155 per week

₽15398
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1206
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.
₽4153
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91004
₽67795
₽91620
₽93974
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

You can choose the amount to declare for pension contributions and choose a pension insurance company or a pension insurance fund you prefer to use; or you could opt out of pension contributions altogether. You can find more details on Finnish Centre for Pensions

-
-
-
208 000
health
-
-
-
2 801
municipal
-
-
-
36 937
national
-
-
-
39 701
total
-
-
-
79 439
Employee
50 622
-
174 980
-
municipal
8 292
-
28 484
-
unemployment
760
-
2 624
-
pensions
3 416
-
11 812
-
national
836
-
25 030
-
health
378
-
2 293
-
total
13 682
-
70 243
-
Employer
50 622
-
174 980
-
health
389
-
1 348
-
pensions
8 783
-
30 360
-
accident
51
-
175
-
unemployment
329
-
1 138
-
total
9 552
-
33 021
-
Corporate
147 826
208 000
-
-
income
29 565
41 600
-
-
total
29 565
41 600
-
-
Dividends

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

88 696
124 800
-
-
municipal
15 966
22 464
-
-
national
8 320
15 991
-
-
total
24 286
38 455
-
-
Income
208 000
208 000
208 000
208 000
Total tax
77 085
80 055
103 264
79 439
After tax
130 915
127 945
104 736
128 561
Living cost
36 941
36 941
36 941
36 941
Free-cash
93 974
91 004
67 795
91 620

Estimated living cost  is ₽36941 per week

₽24130
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3553
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽588
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8671
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽129335
₽116237
₽117963
₽124098
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
46 888
social contributions
-
-
-
15 568
health
-
-
-
5 304
total
-
-
-
67 760
Employee
73 987
73 987
196 090
-
social contributions
2 797
6 141
8 282
-
income
8 056
6 849
45 960
-
health
573
1 258
3 334
-
total
11 426
14 248
57 576
-
Employer
73 987
73 987
196 090
-
health
623
1 369
3 628
-
social contributions
2 797
6 141
8 282
-
total
3 420
7 510
11 910
-
Corporate
170 876
126 503
-
-
income
21 360
15 812
-
-
total
21 360
15 812
-
-
Dividends
149 517
110 690
-
-
withholding
25 419
18 818
-
-
total
25 419
18 818
-
-
Income
208 000
208 000
208 000
208 000
Total tax
61 625
56 388
69 486
67 760
After tax
146 375
151 612
138 514
140 240
Living cost
22 277
22 277
22 277
22 277
Free-cash
124 098
129 335
116 237
117 963

Estimated living cost  is ₽22277 per week

₽13351
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2186
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽493
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6248
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽156968
₽142314
₽161614
₽152073
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

By law (Article 9 §1 (7); Article 10 §1 (7); Article 11 §1 (5)) a social contribution base is set as:

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
208 000
income
-
-
-
21 480
unemployment
-
-
-
27
health
-
-
-
3 482
pensions
-
-
-
6 120
total
-
-
-
31 109
Employee

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

22 085
-
198 596
-
unemployment
110
-
456
-
pensions
3 312
-
13 694
-
income
1 510
-
19 096
-
health
1 877
-
7 760
-
total
6 809
-
41 006
-
Employer

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

22 085
-
198 596
-
health
949
-
3 926
-
pensions
1 214
-
5 021
-
unemployment
110
-
456
-
total
2 273
-
9 403
-
Corporate
183 641
208 000
-
-
income
16 528
18 719
-
-
total
16 528
18 719
-
-
Dividends
167 113
189 281
-
-
withholding
15 040
17 036
-
-
total
15 040
17 036
-
-
Income
208 000
208 000
208 000
208 000
Total tax
40 650
35 755
50 409
31 109
After tax
167 350
172 245
157 591
176 891
Living cost
15 277
15 277
15 277
15 277
Free-cash
152 073
156 968
142 314
161 614

Estimated living cost  is ₽15277 per week

₽9747
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1101
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3973
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽111723
₽85803
₽89840
₽107471
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
803
income
-
-
-
64 947
other
-
-
-
89
unemployment
-
-
-
624
pensions
-
-
-
25 238
total
-
-
-
91 701
Employee
35 578
-
179 569
-
other
35
-
89
-
unemployment
551
-
1 382
-
pensions
1 673
-
4 192
-
income
6 859
-
61 644
-
total
9 118
-
67 307
-
Employer
35 578
-
179 569
-
pensions
8 396
-
21 047
-
accident
705
-
1 766
-
unemployment
1 957
-
4 904
-
other
285
-
714
-
total
11 343
-
28 431
-
Corporate
161 080
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.

24 162
31 200
-
-
total
24 162
31 200
-
-
Dividends
136 917
176 800
-
-
withholding
29 447
38 618
-
-
total
29 447
38 618
-
-
Income
208 000
208 000
208 000
208 000
Total tax
74 070
69 818
95 738
91 701
After tax
133 930
138 182
112 262
116 299
Living cost
26 459
26 459
26 459
26 459
Free-cash
107 471
111 723
85 803
89 840

Estimated living cost  is ₽26459 per week

₽17859
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2544
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽464
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5593
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽127922
₽132099
₽132232
₽127616
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
71 545
health
-
-
-
989
pensions
-
-
-
1 364
total
-
-
-
73 898
Employee
2 848
-
206 465
-
unemployment
28
-
68
-
pensions
256
-
614
-
income
551
-
71 474
-
health
142
-
341
-
total
977
-
72 497
-
Employer
2 848
-
206 465
-
health
271
-
648
-
pensions
313
-
750
-
unemployment
57
-
136
-
total
641
-
1 534
-
Corporate
204 511
208 000
-
-
income
44 992
45 760
-
-
total
44 992
45 760
-
-
Dividends
159 519
162 240
-
-
withholding
31 904
32 448
-
-
total
31 904
32 448
-
-
Income
208 000
208 000
208 000
208 000
Total tax
78 514
78 208
74 031
73 898
After tax
129 486
129 792
133 969
134 102
Living cost
1 870
1 870
1 870
1 870
Free-cash
127 616
127 922
132 099
132 232

Estimated living cost  is ₽1870 per week

₽1111
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽152
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽43
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽564
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽133647
₽116518
₽116517
₽128915
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

The minimum monthly earnings used to calculate the contributions are 35% of the national average gross wage for the previous three months.

The maximum monthly earnings used to calculate the contributions are five times the national average gross wage in the previous month.

-
-
-
208 000
income
-
-
-
47 983
unemployment
-
-
-
1 066
health
-
-
-
7 321
pensions
-
-
-
18 480
total
-
-
-
74 850
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.

25 081
-
195 277
-
unemployment
188
-
533
-
pensions
3 511
-
9 951
-
income
3 457
-
47 983
-
health
1 292
-
3 660
-
total
8 448
-
62 127
-
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.

25 081
-
195 277
-
health
1 292
-
3 660
-
pensions
3 010
-
8 529
-
unemployment
188
-
533
-
total
4 490
-
12 722
-
Corporate
178 430
208 000
-
-
income
26 764
31 200
-
-
total
26 764
31 200
-
-
Dividends
151 665
176 800
-
-
withholding
22 750
26 520
-
-
total
22 750
26 520
-
-
Income
208 000
208 000
208 000
208 000
Total tax
62 452
57 720
74 849
74 850
After tax
145 548
150 280
133 151
133 150
Living cost
16 633
16 633
16 633
16 633
Free-cash
128 915
133 647
116 518
116 517

Estimated living cost  is ₽16633 per week

₽11199
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.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3666
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92370
₽67056
₽82983
₽92023
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 798
surtax
-
-
-
-
social contributions

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

-
-
-
72 279
total
-
-
-
99 077
Employee
37 344
-
168 080
-
surtax
-
-
88
-
social contributions
4 108
-
18 489
-
income
7 297
-
56 509
-
total
11 405
-
75 086
-
Employer
37 344
-
168 080
-
social contributions
8 869
-
39 918
-
total
8 869
-
39 918
-
Corporate
161 787
208 000
-
-
income
33 975
43 680
-
-
surtax
-
-
-
-
total
33 975
43 680
-
-
Dividends
127 812
164 320
-
-
withholding
35 788
46 010
-
-
total
35 788
46 010
-
-
Income
208 000
208 000
208 000
208 000
Total tax
90 037
89 690
115 004
99 077
After tax
117 963
118 310
92 996
108 923
Living cost
25 940
25 940
25 940
25 940
Free-cash
92 023
92 370
67 056
82 983

Estimated living cost  is ₽25940 per week

₽18372
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1802
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.
₽5306
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽104367
₽78447
₽82484
₽98070
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
803
income
-
-
-
64 947
other
-
-
-
89
unemployment
-
-
-
624
pensions
-
-
-
25 238
total
-
-
-
91 701
Employee
46 469
-
179 569
-
other
46
-
89
-
unemployment
719
-
1 382
-
pensions
2 184
-
4 192
-
income
9 706
-
61 644
-
total
12 655
-
67 307
-
Employer
46 469
-
179 569
-
pensions
10 966
-
21 047
-
accident
920
-
1 766
-
unemployment
2 556
-
4 904
-
other
372
-
714
-
total
14 814
-
28 431
-
Corporate
146 715
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.

22 008
31 200
-
-
total
22 008
31 200
-
-
Dividends
124 708
176 800
-
-
withholding
26 638
38 618
-
-
total
26 638
38 618
-
-
Income
208 000
208 000
208 000
208 000
Total tax
76 115
69 818
95 738
91 701
After tax
131 885
138 182
112 262
116 299
Living cost
33 815
33 815
33 815
33 815
Free-cash
98 070
104 367
78 447
82 484

Estimated living cost  is ₽33815 per week

₽24285
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2629
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6425
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Madrid model

Close
Sofia , Bulgaria
₽161300
₽159867
₽151293
₽155438
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
208 000
income
-
-
-
31 200
unemployment
-
-
-
134
health
-
-
-
3 862
pensions

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

-
-
-
4 971
total
-
-
-
40 167
Employee
21 902
-
201 411
-
accident

We are using the highest rate at 1.1%.

241
-
369
-
pensions

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

1 923
-
2 949
-
income
2 191
-
20 141
-
health
1 008
-
1 545
-
total
5 363
-
25 004
-
Employer
21 902
-
201 411
-
health
1 511
-
2 317
-
pensions

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

2 414
-
3 701
-
accident

We are using the highest rate at 1.1%.

241
-
369
-
unemployment
132
-
202
-
total
4 298
-
6 589
-
Corporate
181 801
208 000
-
-
income
18 180
20 800
-
-
total
18 180
20 800
-
-
Dividends
163 620
187 200
-
-
withholding
8 181
9 360
-
-
total
8 181
9 360
-
-
Income
208 000
208 000
208 000
208 000
Total tax
36 022
30 160
31 593
40 167
After tax
171 978
177 840
176 407
167 833
Living cost
16 540
16 540
16 540
16 540
Free-cash
155 438
161 300
159 867
151 293

Estimated living cost  is ₽16540 per week

₽10940
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽947
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽395
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4260
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69838
₽91944
₽68516
₽82426
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
208 000
income

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

-
-
-
68 565
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.

-
-
-
3 771
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.

-
-
-
6 573
trade
-
-
-
23 428
total
-
-
-
102 337
Employee

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

47 875
-
208 000
-
surtax

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

217
-
3 771
-
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.

3 937
-
68 565
-
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.

6 573
-
6 573
-
total
10 727
-
78 909
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
160 125
208 000
-
-
income
24 018
31 200
-
-
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.

1 320
1 716
-
-
chamber of commerce
382
451
-
-
trade
22 977
29 848
-
-
total
48 697
63 215
-
-
Dividends
111 428
144 785
-
-
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.

1 512
1 970
-
-
withholding
27 491
35 830
-
-
total
29 003
37 800
-
-
Income
208 000
208 000
208 000
208 000
Total tax
88 427
101 015
78 909
102 337
After tax
119 573
106 985
129 091
105 663
Living cost
37 147
37 147
37 147
37 147
Free-cash
82 426
69 838
91 944
68 516

Estimated living cost  is ₽37147 per week

₽25625
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3997
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.
₽6986
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90791
₽50299
₽50299
₽92914
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
67 296
social contributions
-
-
-
35 595
total
-
-
-
102 891
Employee
75 264
-
208 000
-
income
14 202
-
67 296
-
social contributions
6 253
-
35 595
-
total
20 455
-
102 891
-
Employer
75 264
-
208 000
-
total
-
-
-
-
Corporate
132 736
208 000
-
-
income
16 592
25 999
-
-
total
16 592
25 999
-
-
Dividends
116 144
182 001
-
-
withholding
23 229
36 400
-
-
total
23 229
36 400
-
-
Income
208 000
208 000
208 000
208 000
Total tax
60 276
62 399
102 891
102 891
After tax
147 724
145 601
105 109
105 109
Living cost
54 810
54 810
54 810
54 810
Free-cash
92 914
90 791
50 299
50 299

Estimated living cost  is ₽54810 per week

₽41699
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4466
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8122
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95190
₽110616
₽135983
₽98553
S + D Salary + Dividends

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

Dividends

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

Salary

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

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

-
-
-
5 890
total
-
-
-
37 090
Employee
44 139
-
203 574
-
income
4 789
-
53 605
-
social contributions
4 422
-
4 426
-
total
9 211
-
58 031
-
Employer
44 139
-
203 574
-
social contributions
4 422
-
4 426
-
total
4 422
-
4 426
-
Corporate
159 438
208 000
-
-
income
55 804
72 800
-
-
total
55 804
72 800
-
-
Dividends
103 635
135 200
-
-
social contributions
5 083
5 083
-
-
total
5 083
5 083
-
-
Income
208 000
208 000
208 000
208 000
Total tax
74 520
77 883
62 457
37 090
After tax
133 480
130 117
145 543
170 910
Living cost
34 927
34 927
34 927
34 927
Free-cash
98 553
95 190
110 616
135 983

Estimated living cost  is ₽34927 per week

₽23007
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2753
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽535
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8631
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96467
₽80965
₽99566
₽102098
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
63 747
pensions
-
-
-
9 366
total
-
-
-
73 113
Employee
48 483
-
181 324
-
pensions
3 700
-
11 223
-
income
8 829
-
51 345
-
health
632
-
2 472
-
total
13 161
-
65 040
-
Employer
48 483
-
181 324
-
health
921
-
3 445
-
pensions
4 898
-
23 229
-
total
5 819
-
26 674
-
Corporate
153 698
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.

29 203
39 519
-
-
total
29 203
39 519
-
-
Dividends
124 494
168 481
-
-
withholding
22 398
36 693
-
-
total
22 398
36 693
-
-
Income
208 000
208 000
208 000
208 000
Total tax
70 581
76 212
91 714
73 113
After tax
137 419
131 788
116 286
134 887
Living cost
35 321
35 321
35 321
35 321
Free-cash
102 098
96 467
80 965
99 566

Estimated living cost  is ₽35321 per week

₽24230
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3248
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽442
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7399
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽6401
₽91000
₽118811
₽13282
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
246
income
-
-
-
59 143
other
-
-
-
362
health
-
-
-
2 128
pensions
-
-
-
4 061
total
-
-
-
65 940
Employee
36 572
-
189 442
-
pensions
4 118
-
7 446
-
income
5 017
-
46 056
-
health
4 187
-
21 691
-
total
13 322
-
75 193
-
Employer
36 572
-
189 442
-
pensions
5 946
-
10 753
-
accident
611
-
3 164
-
unemployment
896
-
4 641
-
total
7 453
-
18 558
-
Corporate
163 975
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.

147 578
187 200
-
-
total
147 578
187 200
-
-
Dividends
16 397
20 800
-
-
withholding
3 116
3 952
-
-
total
3 116
3 952
-
-
Income
208 000
208 000
208 000
208 000
Total tax
171 469
191 152
93 751
65 940
After tax
36 531
16 848
114 249
142 060
Living cost
23 249
23 249
23 249
23 249
Free-cash
13 282
-6 401
91 000
118 811

Estimated living cost  is ₽23249 per week

₽17062
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.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4364
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽146146
₽139024
₽117903
₽143239
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Sole-trader should pay social contributions from a minimum of 50% of an average salary to a maximum of twelve average salaries. The minimum personal income for the first year should be at least 50% of an average salary.

-
-
-
208 000
income
-
-
-
34 881
unemployment
-
-
-
1 843
work injury
-
-
-
768
health insurance
-
-
-
11 367
pensions
-
-
-
28 264
total
-
-
-
77 123
Employee

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

20 758
-
208 000
-
health insurance
1 536
-
5 683
-
unemployment
249
-
922
-
work injury
104
-
384
-
pensions
3 820
-
14 132
-
income
2 076
-
34 881
-
total
7 785
-
56 002
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
187 242
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%.

18 724
20 800
-
-
total
18 724
20 800
-
-
Dividends
168 517
187 200
-
-
withholding
25 278
28 080
-
-
total
25 278
28 080
-
-
Income
208 000
208 000
208 000
208 000
Total tax
51 787
48 880
56 002
77 123
After tax
156 213
159 120
151 998
130 877
Living cost
12 974
12 974
12 974
12 974
Free-cash
143 239
146 146
139 024
117 903

Estimated living cost  is ₽12974 per week

₽8038
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽943
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽405
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3589
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71228
₽50908
₽58809
₽66853
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
208 000
social contributions
-
-
-
48 157
regional
-
-
-
5 002
municipal
-
-
-
1 439
national
-
-
-
56 262
total
-
-
-
110 860
Employee
81 080
-
208 000
-
municipal
484
-
1 304
-
national
13 702
-
49 820
-
regional
1 224
-
4 502
-
social contributions
27 340
-
63 135
-
total
42 750
-
118 761
-
Employer
81 080
-
208 000
-
total
-
-
-
-
Corporate
126 920
208 000
-
-
municipal
6 117
10 026
-
-
nationa
30 460
49 921
-
-
total
36 577
59 947
-
-
Dividends
90 344
148 053
-
-
withholding
23 489
38 494
-
-
total
23 489
38 494
-
-
Income
208 000
208 000
208 000
208 000
Total tax
102 816
98 441
118 761
110 860
After tax
105 184
109 559
89 239
97 140
Living cost
38 331
38 331
38 331
38 331
Free-cash
66 853
71 228
50 908
58 809

Estimated living cost  is ₽38331 per week

₽26925
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2637
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽579
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8189
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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