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
₽86477
₽75914
₽100062
₽74296
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
208 000
trade
-
-
-
25 766
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.

-
-
-
68 705
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.

-
-
-
6 525
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.

-
-
-
3 779
total
-
-
-
104 775
Employee

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

36 530
-
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.

56
-
3 779
-
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.

6 525
-
6 525
-
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.

1 020
-
68 705
-
total
7 601
-
79 009
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
171 470
208 000
-
-
trade
27 006
32 760
-
-
income
25 721
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.

1 416
1 716
-
-
chamber of commerce
391
444
-
-
total
54 534
66 120
-
-
Dividends
116 937
141 880
-
-
withholding
28 871
35 107
-
-
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.

1 588
1 930
-
-
total
30 459
37 037
-
-
Income
208 000
208 000
208 000
208 000
Total tax
92 594
103 157
79 009
104 775
After tax
115 406
104 843
128 991
103 225
Living cost
28 929
28 929
28 929
28 929
Free-cash
86 477
75 914
100 062
74 296

Estimated living cost  is ₽28929 per week

₽18197
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3373
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6818
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79915
₽80731
₽71250
₽70133
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
24 960
municipal
-
-
-
23 052
national
-
-
-
38 558
total
-
-
-
88 806
Employee
76 054
-
179 814
-
national
14 557
-
40 321
-
municipal
9 394
-
23 857
-
pensions
3 042
-
7 193
-
total
26 993
-
71 371
-
Employer
76 054
-
179 814
-
pensions
6 084
-
14 385
-
social contributions
818
-
1 933
-
total
6 902
-
16 318
-
Corporate
120 025
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%.

24 005
41 600
-
-
total
24 005
41 600
-
-
Dividends
96 020
166 400
-
-
withholding
21 124
36 608
-
-
total
21 124
36 608
-
-
Income
208 000
208 000
208 000
208 000
Total tax
79 024
78 208
87 689
88 806
After tax
128 976
129 792
120 311
119 194
Living cost
49 061
49 061
49 061
49 061
Free-cash
79 915
80 731
71 250
70 133

Estimated living cost  is ₽49061 per week

₽33346
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4561
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽734
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10420
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽138696
₽146530
₽70203
₽55323
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
36 594
income
-
-
-
43 173
microenterprise
-
-
-
-
surtax
-
-
-
53 040
total
-
-
-
132 807
Employee
27 908
-
162 683
-
surtax
-
-
23 589
-
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.

3 070
-
12 520
-
income
4 968
-
36 503
-
total
8 038
-
72 612
-
Employer
27 908
-
162 683
-
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.

6 722
-
27 421
-
surtax
-
-
17 894
-
total
6 722
-
45 315
-
Corporate
173 369
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%.

34 674
41 600
-
-
total
34 674
41 600
-
-
Dividends

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

138 695
166 400
-
-
total
-
-
-
-
Income
208 000
208 000
208 000
208 000
Total tax
49 434
41 600
117 927
132 807
After tax
158 566
166 400
90 073
75 193
Living cost
19 870
19 870
19 870
19 870
Free-cash
138 696
146 530
70 203
55 323

Estimated living cost  is ₽19870 per week

₽12676
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1892
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4850
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57710
₽63563
₽93030
₽72056
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
72 967
pensions
-
-
-
11 190
health
-
-
-
11 777
total
-
-
-
95 934
Employee
81 561
81 561
190 251
-
health
12 519
10 648
11 777
-
pensions
14 681
11 190
11 190
-
income

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

13 350
13 350
34 244
-
total
40 550
35 188
57 211
-
Employer
81 561
81 561
190 251
-
pensions
5 677
5 677
7 056
-
unemployment
2 936
2 936
3 648
-
health
5 669
5 669
7 045
-
total
14 282
14 282
17 749
-
Corporate
113 158
112 157
-
-
income
22 632
22 431
-
-
total
22 632
22 431
-
-
Dividends
90 526
89 726
-
-
withholding
13 579
13 459
-
-
income
19 237
19 067
-
-
total
32 816
32 526
-
-
Income
208 000
208 000
208 000
208 000
Total tax
110 280
104 427
74 960
95 934
After tax
97 720
103 573
133 040
112 066
Living cost
40 010
40 010
40 010
40 010
Free-cash
57 710
63 563
93 030
72 056

Estimated living cost  is ₽40010 per week

₽28354
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3607
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽636
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7413
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73289
₽74174
₽64354
₽65310
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 032
unemployment
-
-
-
86
pensions
-
-
-
9 333
municipal
-
-
-
54 567
accident
-
-
-
173
national
-
-
-
23 718
health
-
-
-
5 387
total
-
-
-
103 296
Employee
56 132
-
180 873
-
national
-
-
23 189
-
municipal
16 739
-
53 936
-
total
16 739
-
77 125
-
Employer
56 132
-
180 873
-
other
6 523
-
10 032
-
accident
112
-
173
-
pensions
6 068
-
9 333
-
unemployment
1 482
-
2 279
-
health
3 452
-
5 310
-
total
17 637
-
27 127
-
Corporate
134 231
208 000
-
-
income
29 531
45 760
-
-
total
29 531
45 760
-
-
Dividends
104 700
162 240
-
-
withholding
31 410
48 672
-
-
total
31 410
48 672
-
-
Income
208 000
208 000
208 000
208 000
Total tax
95 317
94 432
104 252
103 296
After tax
112 683
113 568
103 748
104 704
Living cost
39 394
39 394
39 394
39 394
Free-cash
73 289
74 174
64 354
65 310

Estimated living cost  is ₽39394 per week

₽26109
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3866
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.
₽8821
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79672
₽66253
₽91471
₽64560
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
208 000
trade
-
-
-
26 911
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.

-
-
-
68 705
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.

-
-
-
6 525
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.

-
-
-
3 779
total
-
-
-
105 920
Employee

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

48 434
-
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.

228
-
3 779
-
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.

6 525
-
6 525
-
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.

4 161
-
68 705
-
total
10 914
-
79 009
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
159 566
208 000
-
-
trade
26 248
34 216
-
-
income
23 935
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.

1 316
1 716
-
-
chamber of commerce
372
440
-
-
total
51 871
67 572
-
-
Dividends
107 695
140 428
-
-
withholding
26 562
34 745
-
-
surtax

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

1 461
1 910
-
-
total
28 023
36 655
-
-
Income
208 000
208 000
208 000
208 000
Total tax
90 808
104 227
79 009
105 920
After tax
117 192
103 773
128 991
102 080
Living cost
37 520
37 520
37 520
37 520
Free-cash
79 672
66 253
91 471
64 560

Estimated living cost  is ₽37520 per week

₽25093
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3957
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽560
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7910
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽116671
₽120629
₽107476
₽109200
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 453
income
-
-
-
47 066
health
-
-
-
5 303
total
-
-
-
67 822
Employee
73 442
73 442
196 150
-
health
730
1 249
3 335
-
social contributions
3 569
6 095
8 221
-
income
7 712
6 799
46 140
-
total
12 011
14 143
57 696
-
Employer
73 442
73 442
196 150
-
social contributions
3 569
6 095
8 221
-
health
796
1 359
3 629
-
total
4 365
7 454
11 850
-
Corporate
160 646
127 104
-
-
income
20 080
15 888
-
-
total
20 080
15 888
-
-
Dividends
140 566
111 216
-
-
withholding
23 895
18 908
-
-
total
23 895
18 908
-
-
Income
208 000
208 000
208 000
208 000
Total tax
60 351
56 393
69 546
67 822
After tax
147 649
151 607
138 454
140 178
Living cost
30 978
30 978
30 978
30 978
Free-cash
116 671
120 629
107 476
109 200

Estimated living cost  is ₽30978 per week

₽21177
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2420
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6862
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99465
₽99098
₽102910
₽126423
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

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

25 506
10 151
174 059
-
unemployment
383
152
2 611
-
health
1 785
711
12 184
-
pensions
2 551
1 015
17 406
-
income
3 118
1 241
21 279
-
total
7 837
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.

25 506
10 151
174 059
-
pensions
4 974
1 979
33 941
-
total
4 974
1 979
33 941
-
Corporate
177 520
195 869
-
-
income
15 977
17 628
-
-
total
15 977
17 628
-
-
Dividends
161 543
178 241
-
-
withholding
30 693
33 866
-
-
social contributions
31 385
34 641
-
-
total
62 078
68 507
-
-
Income
208 000
208 000
208 000
208 000
Total tax
90 866
91 233
87 421
63 908
After tax
117 134
116 767
120 579
144 092
Living cost
17 669
17 669
17 669
17 669
Free-cash
99 465
99 098
102 910
126 423

Estimated living cost  is ₽17669 per week

₽12058
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
₽137398
₽143331
₽96820
₽88419
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
208 000
income
-
-
-
27 872
pensions
-
-
-
41 600
health
-
-
-
27 040
total
-
-
-
96 512
Employee
27 094
-
155 457
-
unemployment
433
-
2 487
-
pensions
542
-
3 108
-
income
3 050
-
29 973
-
total
4 025
-
35 568
-
Employer
27 094
-
155 457
-
pensions
5 419
-
31 091
-
unemployment
217
-
1 243
-
health
3 522
-
20 209
-
total
9 158
-
52 543
-
Corporate
171 747
208 000
-
-
income
34 350
41 600
-
-
total
34 350
41 600
-
-
Dividends
137 398
166 400
-
-
total
-
-
-
-
Income
208 000
208 000
208 000
208 000
Total tax
47 533
41 600
88 111
96 512
After tax
160 467
166 400
119 889
111 488
Living cost
23 069
23 069
23 069
23 069
Free-cash
137 398
143 331
96 820
88 419

Estimated living cost  is ₽23069 per week

₽15823
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1374
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.
₽5408
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13551
-₽4637
₽92760
₽120575
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
362
income
-
-
-
59 138
pensions
-
-
-
4 063
accident
-
-
-
247
health
-
-
-
2 130
total
-
-
-
65 940
Employee
33 797
-
189 436
-
health
3 870
-
21 691
-
pensions
3 806
-
7 451
-
income
4 637
-
46 049
-
total
12 313
-
75 191
-
Employer
33 797
-
189 436
-
accident
564
-
3 164
-
pensions
5 496
-
10 759
-
unemployment
828
-
4 641
-
total
6 888
-
18 564
-
Corporate
167 315
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.

150 584
187 200
-
-
total
150 584
187 200
-
-
Dividends
16 731
20 800
-
-
withholding
3 179
3 952
-
-
total
3 179
3 952
-
-
Income
208 000
208 000
208 000
208 000
Total tax
172 964
191 152
93 755
65 940
After tax
35 036
16 848
114 245
142 060
Living cost
21 485
21 485
21 485
21 485
Free-cash
13 551
-4 637
92 760
120 575

Estimated living cost  is ₽21485 per week

₽15747
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1190
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4100
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Poland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should use a business incubator or set up a company and hire themselves as an employee.

Source of data for Gdansk model

Close
Batumi , Georgia
₽188309
₽189776
₽158576
₽198096
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 780
-
208 000
-
income
1 956
-
41 600
-
total
1 956
-
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%.

198 220
208 000
-
-
total
-
-
-
-
Dividends
198 220
208 000
-
-
withholding
9 911
10 400
-
-
total
9 911
10 400
-
-
Income
208 000
208 000
208 000
208 000
Total tax
11 867
10 400
41 600
2 080
After tax
196 133
197 600
166 400
205 920
Living cost
7 824
7 824
7 824
7 824
Free-cash
188 309
189 776
158 576
198 096

Estimated living cost  is ₽7824 per week

₽4849
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽650
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽215
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2110
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽120918
₽127369
₽96748
₽98484
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 898
income
-
-
-
35 921
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.

-
-
-
34 857
health
-
-
-
6 391
total
-
-
-
84 067
Employee
34 678
-
171 193
-
unemployment
346
-
1 452
-
health
486
-
2 034
-
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.

2 427
-
10 166
-
income
5 970
-
35 343
-
total
9 229
-
48 995
-
Employer
34 678
-
171 193
-
other
1 735
-
7 261
-
accident
277
-
1 370
-
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.

5 896
-
24 691
-
unemployment
346
-
1 452
-
health
486
-
2 034
-
total
8 740
-
36 808
-
Corporate
164 582
208 000
-
-
income
34 562
43 680
-
-
total
34 562
43 680
-
-
Dividends
130 020
164 320
-
-
withholding
9 102
11 502
-
-
total
9 102
11 502
-
-
Income
208 000
208 000
208 000
208 000
Total tax
61 633
55 182
85 803
84 067
After tax
146 367
152 818
122 197
123 933
Living cost
25 449
25 449
25 449
25 449
Free-cash
120 918
127 369
96 748
98 484

Estimated living cost  is ₽25449 per week

₽17981
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1718
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽410
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5339
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76280
₽68710
₽53282
₽71874
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
63 949
pensions
-
-
-
9 307
total
-
-
-
73 256
Employee
88 951
-
181 308
-
health
1 466
-
2 464
-
pensions
8 581
-
11 136
-
income
16 034
-
51 556
-
total
26 081
-
65 156
-
Employer
88 951
-
181 308
-
pensions
10 503
-
23 247
-
health
1 689
-
3 445
-
total
12 192
-
26 692
-
Corporate
106 857
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.

20 303
39 520
-
-
total
20 303
39 520
-
-
Dividends
86 554
168 480
-
-
withholding
10 274
36 900
-
-
total
10 274
36 900
-
-
Income
208 000
208 000
208 000
208 000
Total tax
68 850
76 420
91 848
73 256
After tax
139 150
131 580
116 152
134 744
Living cost
62 870
62 870
62 870
62 870
Free-cash
76 280
68 710
53 282
71 874

Estimated living cost  is ₽62870 per week

₽47109
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7387
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7863
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽160881
₽165319
₽163958
₽155373
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
208 000
unemployment
-
-
-
133
income
-
-
-
31 200
pensions

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

-
-
-
4 937
health
-
-
-
3 836
total
-
-
-
40 106
Employee
16 580
-
201 455
-
accident

We are using the highest rate at 1.1%.

183
-
367
-
health
763
-
1 534
-
pensions

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

1 456
-
2 929
-
income
1 658
-
20 146
-
total
4 060
-
24 976
-
Employer
16 580
-
201 455
-
accident

We are using the highest rate at 1.1%.

183
-
367
-
pensions

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

1 827
-
3 676
-
unemployment
99
-
200
-
health
1 144
-
2 302
-
total
3 253
-
6 545
-
Corporate
188 167
208 000
-
-
income
18 817
20 800
-
-
total
18 817
20 800
-
-
Dividends
169 350
187 200
-
-
withholding
8 468
9 360
-
-
total
8 468
9 360
-
-
Income
208 000
208 000
208 000
208 000
Total tax
34 598
30 160
31 521
40 106
After tax
173 402
177 840
176 479
167 894
Living cost
12 521
12 521
12 521
12 521
Free-cash
160 881
165 319
163 958
155 373

Estimated living cost  is ₽12521 per week

₽7310
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽894
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽332
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3985
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53016
₽50612
₽80079
₽59105
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
72 967
pensions
-
-
-
11 190
health
-
-
-
11 777
total
-
-
-
95 934
Employee
88 549
81 561
190 251
-
health
11 047
10 648
11 777
-
pensions
11 190
11 190
11 190
-
income

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

13 350
13 350
34 244
-
total
35 587
35 188
57 211
-
Employer
88 549
81 561
190 251
-
pensions
6 162
5 677
7 056
-
unemployment
3 188
2 936
3 648
-
health
6 153
5 669
7 045
-
total
15 503
14 282
17 749
-
Corporate
103 948
112 157
-
-
income
20 789
22 431
-
-
total
20 789
22 431
-
-
Dividends
83 159
89 726
-
-
withholding
12 473
13 459
-
-
income
17 671
19 067
-
-
total
30 144
32 526
-
-
Income
208 000
208 000
208 000
208 000
Total tax
102 023
104 427
74 960
95 934
After tax
105 977
103 573
133 040
112 066
Living cost
52 961
52 961
52 961
52 961
Free-cash
53 016
50 612
80 079
59 105

Estimated living cost  is ₽52961 per week

₽39068
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4731
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽607
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8557
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽111023
₽119486
₽89194
₽98173
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
34 135
income
-
-
-
21 868
health
-
-
-
28 080
solidarity contribution
-
-
-
2 022
total
-
-
-
86 105
Employee
34 885
-
164 014
-
solidarity contribution
-
-
1 216
-
health
4 710
-
22 142
-
social contributions
2 268
-
7 599
-
income
4 186
-
20 141
-
total
11 164
-
51 098
-
Employer
34 885
-
164 014
-
social contributions
8 721
-
29 225
-
health
3 140
-
14 761
-
total
11 861
-
43 986
-
Corporate
161 254
208 000
-
-
income
30 638
39 520
-
-
total
30 638
39 520
-
-
Dividends
130 616
168 480
-
-
withholding
19 592
25 272
-
-
total
19 592
25 272
-
-
Income
208 000
208 000
208 000
208 000
Total tax
73 255
64 792
95 084
86 105
After tax
134 745
143 208
112 916
121 895
Living cost
23 722
23 722
23 722
23 722
Free-cash
111 023
119 486
89 194
98 173

Estimated living cost  is ₽23722 per week

₽16477
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1688
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.
₽5090
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65690
₽70674
₽51416
₽59511
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
2 598
social contributions
-
-
-
47 802
municipal
-
-
-
1 281
national
-
-
-
56 507
total
-
-
-
108 188
Employee
84 882
-
208 000
-
national
14 708
-
50 113
-
regional
801
-
2 339
-
municipal
449
-
1 162
-
social contributions
28 622
-
62 669
-
total
44 580
-
116 283
-
Employer
84 882
-
208 000
-
total
-
-
-
-
Corporate
123 118
208 000
-
-
nationa
29 548
49 921
-
-
municipal
4 801
8 113
-
-
total
34 349
58 034
-
-
Dividends
88 768
149 967
-
-
withholding
23 080
38 991
-
-
total
23 080
38 991
-
-
Income
208 000
208 000
208 000
208 000
Total tax
102 009
97 025
116 283
108 188
After tax
105 991
110 975
91 717
99 812
Living cost
40 301
40 301
40 301
40 301
Free-cash
65 690
70 674
51 416
59 511

Estimated living cost  is ₽40301 per week

₽28093
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2643
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽618
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8946
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽106785
₽109755
₽70988
₽76828
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
unemployment
-
-
-
217
income
-
-
-
64 545
pensions
-
-
-
25 494
health
-
-
-
9 050
surtax
-
-
-
10 790
total
-
-
-
110 096
Employee
31 584
-
181 168
-
surtax
103
-
9 648
-
unemployment
2 199
-
8 872
-
other
-
-
-
-
health
807
-
3 250
-
pensions
2 106
-
8 502
-
income
5 294
-
58 832
-
total
10 509
-
89 104
-
Employer
31 584
-
181 168
-
other
-
-
-
-
pensions
4 210
-
16 992
-
unemployment
1 000
-
4 040
-
health
1 437
-
5 800
-
total
6 647
-
26 832
-
Corporate
169 768
208 000
-
-
income
44 139
54 080
-
-
total
44 139
54 080
-
-
Dividends
125 629
153 920
-
-
withholding
18 844
23 089
-
-
total
18 844
23 089
-
-
Income
208 000
208 000
208 000
208 000
Total tax
80 139
77 169
115 936
110 096
After tax
127 861
130 831
92 064
97 904
Living cost
21 076
21 076
21 076
21 076
Free-cash
106 785
109 755
70 988
76 828

Estimated living cost  is ₽21076 per week

₽12887
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1945
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5758
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94841
₽88629
₽73201
₽91793
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
63 949
pensions
-
-
-
9 307
total
-
-
-
73 256
Employee
59 613
-
181 308
-
health
865
-
2 464
-
pensions
5 060
-
11 136
-
income
10 737
-
51 556
-
total
16 662
-
65 156
-
Employer
59 613
-
181 308
-
pensions
6 453
-
23 247
-
health
1 132
-
3 445
-
total
7 585
-
26 692
-
Corporate
140 802
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.

26 752
39 520
-
-
total
26 752
39 520
-
-
Dividends
114 050
168 480
-
-
withholding
19 209
36 900
-
-
total
19 209
36 900
-
-
Income
208 000
208 000
208 000
208 000
Total tax
70 208
76 420
91 848
73 256
After tax
137 792
131 580
116 152
134 744
Living cost
42 951
42 951
42 951
42 951
Free-cash
94 841
88 629
73 201
91 793

Estimated living cost  is ₽42951 per week

₽32178
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3219
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7103
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽51765
₽19346
₽81878
₽90048
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
4 161
city
-
-
-
2 193
regional
-
-
-
11 320
pensions
-
-
-
19 135
national
-
-
-
4 909
health
-
-
-
467
total
-
-
-
42 185
Employee
88 667
-
186 869
-
national
420
-
3 934
-
unemployment
-
-
-
-
city
952
-
2 016
-
regional
2 903
-
9 991
-
health
200
-
420
-
pensions
7 449
-
14 918
-
total
11 924
-
31 279
-
Employer
88 667
-
186 869
-
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.

1 773
-
3 738
-
pensions
7 449
-
14 918
-
unemployment
-
-
-
-
health
200
-
420
-
total
9 422
-
19 076
-
Corporate
108 935
208 000
-
-
regional
23 041
43 993
-
-
national
9 259
17 679
-
-
total
32 300
61 672
-
-
Dividends
76 636
146 328
-
-
withholding
26 822
51 215
-
-
total
26 822
51 215
-
-
Income
208 000
208 000
208 000
208 000
Total tax
80 468
112 887
50 355
42 185
After tax
127 532
95 113
157 645
165 815
Living cost
75 767
75 767
75 767
75 767
Free-cash
51 765
19 346
81 878
90 048

Estimated living cost  is ₽75767 per week

₽49270
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6799
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽930
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18767
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽74435
₽58949
₽85238
₽57181
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
208 000
trade
-
-
-
28 057
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.

-
-
-
68 705
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.

-
-
-
6 525
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.

-
-
-
3 779
total
-
-
-
107 066
Employee

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

57 399
-
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.

372
-
3 779
-
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.

6 525
-
6 525
-
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.

6 750
-
68 705
-
total
13 647
-
79 009
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
150 601
208 000
-
-
trade
25 828
35 673
-
-
income
22 590
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.

1 243
1 716
-
-
chamber of commerce
357
439
-
-
total
50 018
69 028
-
-
Dividends
100 583
138 973
-
-
withholding
24 784
34 380
-
-
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.

1 363
1 890
-
-
total
26 147
36 270
-
-
Income
208 000
208 000
208 000
208 000
Total tax
89 812
105 298
79 009
107 066
After tax
118 188
102 702
128 991
100 934
Living cost
43 753
43 753
43 753
43 753
Free-cash
74 435
58 949
85 238
57 181

Estimated living cost  is ₽43753 per week

₽31955
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3500
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7730
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77797
₽72155
₽76082
₽81736
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 449
social contributions
-
-
-
5 927
income
-
-
-
37 876
pensions
-
-
-
33 299
health
-
-
-
10 036
surtax
-
-
-
-
total
-
-
-
93 587
Employee
40 876
-
158 955
-
surtax
-
-
-
-
pensions
4 622
-
11 893
-
social contributions
1 165
-
4 529
-
income
2 412
-
33 776
-
total
8 199
-
50 198
-
Employer
40 876
-
158 955
-
other
1 410
-
6 558
-
pensions
6 715
-
19 869
-
unemployment
1 655
-
6 438
-
social contributions
123
-
477
-
health
2 862
-
15 701
-
total
12 765
-
49 043
-
Corporate
154 359
208 000
-
-
income
43 220
58 240
-
-
surtax
-
-
-
-
total
43 220
58 240
-
-
Dividends
111 139
149 760
-
-
withholding
14 226
19 169
-
-
social contributions
19 116
25 759
-
-
surtax
-
-
-
-
total
33 342
44 928
-
-
Income
208 000
208 000
208 000
208 000
Total tax
97 526
103 168
99 241
93 587
After tax
110 474
104 832
108 759
114 413
Living cost
32 677
32 677
32 677
32 677
Free-cash
77 797
72 155
76 082
81 736

Estimated living cost  is ₽32677 per week

₽20604
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2657
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8861
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80699
₽75393
₽79320
₽84974
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 449
social contributions
-
-
-
5 927
income
-
-
-
37 876
pensions
-
-
-
33 299
health
-
-
-
10 036
surtax
-
-
-
-
total
-
-
-
93 587
Employee
36 488
-
158 955
-
surtax
-
-
-
-
pensions
4 127
-
11 893
-
social contributions
1 040
-
4 529
-
income
1 881
-
33 776
-
total
7 048
-
50 198
-
Employer
36 488
-
158 955
-
other
1 260
-
6 558
-
pensions
5 996
-
19 869
-
unemployment
1 477
-
6 438
-
social contributions
109
-
477
-
health
2 554
-
15 701
-
total
11 396
-
49 043
-
Corporate
160 117
208 000
-
-
income
44 833
58 240
-
-
surtax
-
-
-
-
total
44 833
58 240
-
-
Dividends
115 284
149 760
-
-
withholding
14 757
19 169
-
-
social contributions
19 828
25 759
-
-
surtax
-
-
-
-
total
34 585
44 928
-
-
Income
208 000
208 000
208 000
208 000
Total tax
97 862
103 168
99 241
93 587
After tax
110 138
104 832
108 759
114 413
Living cost
29 439
29 439
29 439
29 439
Free-cash
80 699
75 393
79 320
84 974

Estimated living cost  is ₽29439 per week

₽17073
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2991
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽558
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8818
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽107142
₽106646
₽107869
₽113326
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 704
income
-
-
-
31 200
health
-
-
-
14 518
total
-
-
-
74 422
Employee
32 383
-
208 000
-
health
2 260
-
14 518
-
social contributions
4 470
-
28 704
-
income
5 401
-
36 657
-
total
12 131
-
79 879
-
Employer
32 383
-
208 000
-
total
-
-
-
-
Corporate
175 617
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%.

8 781
10 400
-
-
total
8 781
10 400
-
-
Dividends
166 836
197 600
-
-
health
11 645
13 793
-
-
withholding
25 025
29 641
-
-
social contributions
23 024
27 268
-
-
total
59 694
70 702
-
-
Income
208 000
208 000
208 000
208 000
Total tax
80 606
81 102
79 879
74 422
After tax
127 394
126 898
128 121
133 578
Living cost
20 252
20 252
20 252
20 252
Free-cash
107 142
106 646
107 869
113 326

Estimated living cost  is ₽20252 per week

₽13554
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1249
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽466
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4982
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79575
₽81053
₽20951
₽73014
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
832
unemployment
-
-
-
5 858
income
-
-
-
65 277
pensions
-
-
-
20 642
health
-
-
-
8 535
surtax
-
-
-
188
total
-
-
-
101 332
Employee
47 731
38 062
171 338
-
unemployment
1 432
1 142
3 348
-
other
477
381
1 116
-
health
1 847
1 474
4 317
-
pensions
4 888
3 897
11 426
-
income
5 434
2 807
54 598
-
total
14 078
9 701
74 805
-
Employer
47 731
38 062
171 338
-
payroll
1 432
1 142
5 140
-
other
2 267
1 807
7 630
-
accident
620
495
1 450
-
pensions
5 990
4 778
14 003
-
unemployment
1 432
1 142
3 348
-
chamber of commerce
190
152
685
-
surtax
188
188
188
-
health
1 803
1 439
4 218
-
total
13 922
11 143
36 662
-
Corporate
146 346
158 795
167 713
-
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.

36 586
39 698
41 928
-
total
36 586
39 698
41 928
-
Dividends
109 760
119 097
-
-
withholding
30 185
32 751
-
-
total
30 185
32 751
-
-
Income
208 000
208 000
208 000
208 000
Total tax
94 771
93 293
153 395
101 332
After tax
113 229
114 707
54 605
106 668
Living cost
33 654
33 654
33 654
33 654
Free-cash
79 575
81 053
20 951
73 014

Estimated living cost  is ₽33654 per week

₽22445
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2871
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.
₽7785
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67098
₽79702
₽36185
₽55609
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
208 000
social contributions
-
-
-
23 812
national
-
-
-
82 704
communal

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

-
-
-
11 051
total
-
-
-
117 567
Employee

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

68 318
-
161 101
-
national
21 004
-
60 634
-
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.

594
-
1 401
-
health

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

3 210
-
7 571
-
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.

5 124
-
12 082
-
communal

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

3 563
-
8 403
-
total
33 495
-
90 091
-
Employer

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

68 318
-
161 101
-
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.

888
-
2 095
-
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.

6 054
-
14 273
-
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.

997
-
2 353
-
surtax
7 746
-
18 270
-
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.

4 201
-
9 909
-
total
19 886
-
46 900
-
Corporate
119 796
208 000
-
-
income
23 959
44 008
-
-
surtax
478
881
-
-
total
24 437
44 889
-
-
Dividends
95 358
163 111
-
-
withholding

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

28 260
48 585
-
-
total
28 260
48 585
-
-
Income
208 000
208 000
208 000
208 000
Total tax
106 078
93 474
136 991
117 567
After tax
101 922
114 526
71 009
90 433
Living cost
34 824
34 824
34 824
34 824
Free-cash
67 098
79 702
36 185
55 609

Estimated living cost  is ₽34824 per week

₽22431
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3045
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽546
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8803
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97131
₽103674
₽77784
₽81791
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
89
unemployment
-
-
-
620
income
-
-
-
65 159
pensions
-
-
-
25 052
accident
-
-
-
797
total
-
-
-
91 717
Employee
47 542
-
179 778
-
unemployment
738
-
1 372
-
other
47
-
89
-
pensions
2 235
-
4 161
-
income
10 031
-
61 880
-
total
13 051
-
67 502
-
Employer
47 542
-
179 778
-
other
379
-
709
-
accident
941
-
1 753
-
pensions
11 219
-
20 892
-
unemployment
2 615
-
4 868
-
total
15 154
-
28 222
-
Corporate
145 304
208 000
-
-
income

The general rate of corporate tax is 25%. The lower rate of 15% is introduced for newly formed companies which applies during the first two years of operation in which taxable profit is made. We use the lower rate in our model.

21 795
31 200
-
-
total
21 795
31 200
-
-
Dividends
123 509
176 800
-
-
withholding
26 377
38 634
-
-
total
26 377
38 634
-
-
Income
208 000
208 000
208 000
208 000
Total tax
76 377
69 834
95 724
91 717
After tax
131 623
138 166
112 276
116 283
Living cost
34 492
34 492
34 492
34 492
Free-cash
97 131
103 674
77 784
81 791

Estimated living cost  is ₽34492 per week

₽25400
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2447
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽497
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6148
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53357
₽66464
₽54775
₽46482
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
38 614
pensions
-
-
-
31 176
accident
-
-
-
1 754
communal
-
-
-
13 146
health
-
-
-
14 614
surtax
-
-
-
10 311
total
-
-
-
109 615
Employee
72 328
-
185 797
-
surtax
4 433
-
11 386
-
health
3 219
-
8 267
-
pensions
5 785
-
14 864
-
income
6 986
-
44 602
-
total
20 423
-
79 119
-
Employer
72 328
-
185 797
-
accident
651
-
1 673
-
pensions
5 785
-
14 864
-
health
2 206
-
5 666
-
total
8 642
-
22 203
-
Corporate
127 030
208 000
-
-
income
19 054
31 200
-
-
communal
8 575
14 039
-
-
surtax
1 334
2 184
-
-
total
28 963
47 423
-
-
Dividends
98 067
160 577
-
-
withholding
14 710
24 086
-
-
income
30 002
18 124
-
-
total
44 712
42 210
-
-
Income
208 000
208 000
208 000
208 000
Total tax
102 740
89 633
101 322
109 615
After tax
105 260
118 367
106 678
98 385
Living cost
51 903
51 903
51 903
51 903
Free-cash
53 357
66 464
54 775
46 482

Estimated living cost  is ₽51903 per week

₽38935
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3145
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽549
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9273
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Luxembourg model

Close
Athens , Greece
₽106342
₽109379
₽70612
₽76452
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
unemployment
-
-
-
217
income
-
-
-
64 545
pensions
-
-
-
25 494
health
-
-
-
9 050
surtax
-
-
-
10 790
total
-
-
-
110 096
Employee
32 164
-
181 168
-
surtax
114
-
9 648
-
unemployment
2 238
-
8 872
-
other
-
-
-
-
health
821
-
3 250
-
pensions
2 146
-
8 502
-
income
5 392
-
58 832
-
total
10 711
-
89 104
-
Employer
32 164
-
181 168
-
other
-
-
-
-
pensions
4 288
-
16 992
-
unemployment
1 020
-
4 040
-
health
1 463
-
5 800
-
total
6 771
-
26 832
-
Corporate
169 065
208 000
-
-
income
43 958
54 080
-
-
total
43 958
54 080
-
-
Dividends
125 107
153 920
-
-
withholding
18 766
23 089
-
-
total
18 766
23 089
-
-
Income
208 000
208 000
208 000
208 000
Total tax
80 206
77 169
115 936
110 096
After tax
127 794
130 831
92 064
97 904
Living cost
21 452
21 452
21 452
21 452
Free-cash
106 342
109 379
70 612
76 452

Estimated living cost  is ₽21452 per week

₽12952
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1865
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽498
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6139
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81481
₽83600
₽65378
₽73430
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
3 252
social contributions
-
-
-
47 802
municipal
-
-
-
1 281
national
-
-
-
56 507
total
-
-
-
108 842
Employee
52 980
-
208 000
-
national
8 393
-
50 113
-
regional
713
-
2 950
-
municipal
281
-
1 162
-
social contributions
17 865
-
62 669
-
total
27 252
-
116 894
-
Employer
52 980
-
208 000
-
total
-
-
-
-
Corporate
155 020
208 000
-
-
nationa
37 204
49 921
-
-
municipal
7 705
10 338
-
-
total
44 909
60 259
-
-
Dividends
110 111
147 741
-
-
withholding
28 630
38 413
-
-
total
28 630
38 413
-
-
Income
208 000
208 000
208 000
208 000
Total tax
100 791
98 672
116 894
108 842
After tax
107 209
109 328
91 106
99 158
Living cost
25 728
25 728
25 728
25 728
Free-cash
81 481
83 600
65 378
73 430

Estimated living cost  is ₽25728 per week

₽16000
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2606
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽440
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6681
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽103549
₽113976
₽83684
₽92663
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
34 135
income
-
-
-
21 868
health
-
-
-
28 080
solidarity contribution
-
-
-
2 022
total
-
-
-
86 105
Employee
42 988
-
164 014
-
solidarity contribution
-
-
1 216
-
health
5 803
-
22 142
-
social contributions
2 794
-
7 599
-
income
5 158
-
20 141
-
total
13 755
-
51 098
-
Employer
42 988
-
164 014
-
social contributions
10 747
-
29 225
-
health
3 869
-
14 761
-
total
14 616
-
43 986
-
Corporate
150 397
208 000
-
-
income
28 575
39 520
-
-
total
28 575
39 520
-
-
Dividends
121 821
168 480
-
-
withholding
18 273
25 272
-
-
total
18 273
25 272
-
-
Income
208 000
208 000
208 000
208 000
Total tax
75 219
64 792
95 084
86 105
After tax
132 781
143 208
112 916
121 895
Living cost
29 232
29 232
29 232
29 232
Free-cash
103 549
113 976
83 684
92 663

Estimated living cost  is ₽29232 per week

₽21738
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1619
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽506
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5368
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83867
₽84337
₽24177
₽76385
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
832
unemployment
-
-
-
5 858
income
-
-
-
65 277
pensions
-
-
-
20 642
health
-
-
-
8 535
surtax
-
-
-
-
total
-
-
-
101 144
Employee
41 750
38 062
171 512
-
unemployment
1 252
1 142
3 348
-
other
417
381
1 116
-
health
1 615
1 474
4 317
-
pensions
4 276
3 897
11 426
-
income
3 719
2 807
54 684
-
total
11 279
9 701
74 891
-
Employer
41 750
38 062
171 512
-
payroll
1 252
1 142
5 146
-
other
1 983
1 807
7 638
-
accident
542
495
1 450
-
pensions
5 240
4 778
14 003
-
unemployment
1 252
1 142
3 348
-
chamber of commerce
167
152
687
-
surtax
-
-
-
-
health
1 579
1 439
4 218
-
total
12 015
10 955
36 490
-
Corporate
154 236
158 984
167 887
-
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.

38 558
39 745
41 971
-
total
38 558
39 745
41 971
-
Dividends
115 677
119 239
-
-
withholding
31 810
32 791
-
-
total
31 810
32 791
-
-
Income
208 000
208 000
208 000
208 000
Total tax
93 662
93 192
153 352
101 144
After tax
114 338
114 808
54 648
106 856
Living cost
30 471
30 471
30 471
30 471
Free-cash
83 867
84 337
24 177
76 385

Estimated living cost  is ₽30471 per week

₽18279
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3112
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.
₽8537
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽183121
₽185407
₽154207
₽193727
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 241
-
208 000
-
income
3 048
-
41 600
-
total
3 048
-
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%.

192 759
208 000
-
-
total
-
-
-
-
Dividends
192 759
208 000
-
-
withholding
9 638
10 400
-
-
total
9 638
10 400
-
-
Income
208 000
208 000
208 000
208 000
Total tax
12 686
10 400
41 600
2 080
After tax
195 314
197 600
166 400
205 920
Living cost
12 193
12 193
12 193
12 193
Free-cash
183 121
185 407
154 207
193 727

Estimated living cost  is ₽12193 per week

₽8251
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽512
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽409
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3021
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽109602
₽117590
₽67156
₽71675
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

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

-
-
-
208 000
unemployment
-
-
-
312
income
-
-
-
51 944
pensions
-
-
-
37 985
health
-
-
-
20 466
total
-
-
-
110 707
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.

42 234
-
179 978
-
unemployment
60
-
252
-
health
2 728
-
11 627
-
pensions
6 547
-
27 897
-
income
7 283
-
47 427
-
total
16 618
-
87 203
-
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.

42 234
-
179 978
-
pensions
3 737
-
15 928
-
unemployment
25
-
109
-
health
2 813
-
11 986
-
total
6 575
-
28 023
-
Corporate
159 190
208 000
-
-
income
30 246
39 521
-
-
total
30 246
39 521
-
-
Dividends
128 944
168 479
-
-
withholding
19 341
25 271
-
-
total
19 341
25 271
-
-
Income
208 000
208 000
208 000
208 000
Total tax
72 780
64 792
115 226
110 707
After tax
135 220
143 208
92 774
97 293
Living cost
25 618
25 618
25 618
25 618
Free-cash
109 602
117 590
67 156
71 675

Estimated living cost  is ₽25618 per week

₽17581
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1642
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽497
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5900
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41126
₽85917
₽154982
₽103115
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
208 000
social contributions
-
-
-
23 712
income
-
-
-
40 543
total
-
-
-
64 255
Employee
58 258
-
-
-
social contributions
4 777
-
681
-
income
12 851
-
-
-
total
17 628
-
681
-
Employer
58 258
-
-
-
social contributions
82 144
-
11 707
-
total
82 144
-
11 707
-
Corporate
67 598
208 000
-
-
income
14 872
45 760
-
-
total
14 872
45 760
-
-
Dividends
52 726
162 240
-
-
income
11 600
35 693
-
-
total
11 600
35 693
-
-
Income
208 000
208 000
208 000
208 000
Total tax
126 244
81 453
12 388
64 255
After tax
81 756
126 547
195 612
143 745
Living cost
40 630
40 630
40 630
40 630
Free-cash
41 126
85 917
154 982
103 115

Estimated living cost  is ₽40630 per week

₽26363
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3821
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽518
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9929
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87390
₽88353
₽62896
₽78883
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
208 000
social contributions

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

-
-
-
72 281
income
-
-
-
26 878
surtax
-
-
-
-
total
-
-
-
99 159
Employee
43 927
-
168 081
-
surtax
-
-
114
-
social contributions
4 832
-
18 489
-
income
9 137
-
56 624
-
total
13 969
-
75 227
-
Employer
43 927
-
168 081
-
social contributions
10 433
-
39 919
-
total
10 433
-
39 919
-
Corporate
153 641
208 000
-
-
income
32 265
43 680
-
-
surtax
-
-
-
-
total
32 265
43 680
-
-
Dividends
121 376
164 320
-
-
withholding
33 985
46 009
-
-
total
33 985
46 009
-
-
Income
208 000
208 000
208 000
208 000
Total tax
90 652
89 689
115 146
99 159
After tax
117 348
118 311
92 854
108 841
Living cost
29 958
29 958
29 958
29 958
Free-cash
87 390
88 353
62 896
78 883

Estimated living cost  is ₽29958 per week

₽22415
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1767
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.
₽5276
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Lisbon model

Close
Paris , France
₽65268
₽58703
₽62630
₽68284
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 449
social contributions
-
-
-
5 927
income
-
-
-
37 876
pensions
-
-
-
33 299
health
-
-
-
10 036
surtax
-
-
-
-
total
-
-
-
93 587
Employee
59 819
-
158 955
-
surtax
-
-
-
-
pensions
6 766
-
11 893
-
social contributions
1 704
-
4 529
-
income
5 219
-
33 776
-
total
13 689
-
50 198
-
Employer
59 819
-
158 955
-
other
2 064
-
6 558
-
pensions
9 829
-
19 869
-
unemployment
2 423
-
6 438
-
social contributions
179
-
477
-
health
4 187
-
15 701
-
total
18 682
-
49 043
-
Corporate
129 498
208 000
-
-
income
36 260
58 240
-
-
surtax
-
-
-
-
total
36 260
58 240
-
-
Dividends
93 238
149 760
-
-
withholding
11 935
19 169
-
-
social contributions
16 037
25 759
-
-
surtax
-
-
-
-
total
27 972
44 928
-
-
Income
208 000
208 000
208 000
208 000
Total tax
96 603
103 168
99 241
93 587
After tax
111 397
104 832
108 759
114 413
Living cost
46 129
46 129
46 129
46 129
Free-cash
65 268
58 703
62 630
68 284

Estimated living cost  is ₽46129 per week

₽31220
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3774
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽633
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10503
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽155281
₽158490
₽128631
₽123108
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 423
social contributions
-
-
-
45 759
total
-
-
-
56 182
Employee
30 705
-
180 086
-
social contributions
1 996
-
11 707
-
income
-
-
11 038
-
total
1 996
-
22 745
-
Employer
30 705
-
180 086
-
social contributions
4 760
-
27 914
-
total
4 760
-
27 914
-
Corporate
172 535
208 000
-
-
income
17 253
20 800
-
-
total
17 253
20 800
-
-
Dividends
155 283
187 200
-
-
total
-
-
-
-
Income
208 000
208 000
208 000
208 000
Total tax
24 009
20 800
50 659
56 182
After tax
183 991
187 200
157 341
151 818
Living cost
28 710
28 710
28 710
28 710
Free-cash
155 281
158 490
128 631
123 108

Estimated living cost  is ₽28710 per week

₽18563
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2164
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7442
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽103
₽181
₽181
₽74426
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
827
municipal
-
-
-
44 515
labour market
-
-
-
16 574
national
-
-
-
25 721
total
-
-
-
87 637
Employee
193 887
193 887
193 887
-
national
23 687
23 687
23 687
-
municipal
41 287
41 287
41 287
-
labour market
15 489
15 489
15 489
-
pensions
276
276
276
-
total
80 739
80 739
80 739
-
Employer
193 887
193 887
193 887
-
municipal
41 353
41 353
41 353
-
pensions
551
551
551
-
national
23 728
23 728
23 728
-
labour market
15 511
15 511
15 511
-
total
81 143
81 143
81 143
-
Corporate
182
-
-
-
income
40
-
-
-
total
40
-
-
-
Dividends
142
-
-
-
withholding
38
-
-
-
total
38
-
-
-
Income
208 000
208 000
208 000
208 000
Total tax
161 960
161 882
161 882
87 637
After tax
46 040
46 118
46 118
120 363
Living cost
45 937
45 937
45 937
45 937
Free-cash
103
181
181
74 426

Estimated living cost  is ₽45937 per week

₽31439
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4064
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽706
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9727
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13602
-₽4320
₽93077
₽120892
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
362
income
-
-
-
59 138
pensions
-
-
-
4 063
accident
-
-
-
247
health
-
-
-
2 130
total
-
-
-
65 940
Employee
33 299
-
189 436
-
health
3 813
-
21 691
-
pensions
3 750
-
7 451
-
income
4 568
-
46 049
-
total
12 131
-
75 191
-
Employer
33 299
-
189 436
-
accident
556
-
3 164
-
pensions
5 414
-
10 759
-
unemployment
816
-
4 641
-
total
6 786
-
18 564
-
Corporate
167 915
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.

151 123
187 200
-
-
total
151 123
187 200
-
-
Dividends
16 791
20 800
-
-
withholding
3 190
3 952
-
-
total
3 190
3 952
-
-
Income
208 000
208 000
208 000
208 000
Total tax
173 230
191 152
93 755
65 940
After tax
34 770
16 848
114 245
142 060
Living cost
21 168
21 168
21 168
21 168
Free-cash
13 602
-4 320
93 077
120 892

Estimated living cost  is ₽21168 per week

₽15408
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1207
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽397
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4156
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Poland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should use a business incubator or set up a company and hire themselves as an employee.

Source of data for Krakow model

Close
Helsinki , Finland
₽94149
₽91199
₽67885
₽91712
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
208 000
municipal
-
-
-
36 936
national
-
-
-
39 880
health
-
-
-
2 804
total
-
-
-
79 620
Employee
50 249
-
174 981
-
national
830
-
25 210
-
unemployment
754
-
2 624
-
health
375
-
2 296
-
municipal
8 230
-
28 485
-
pensions
3 391
-
11 812
-
total
13 580
-
70 427
-
Employer
50 249
-
174 981
-
accident
51
-
176
-
pensions
8 718
-
30 359
-
unemployment
326
-
1 138
-
health
386
-
1 347
-
total
9 481
-
33 020
-
Corporate
148 270
208 000
-
-
income
29 654
41 600
-
-
total
29 654
41 600
-
-
Dividends

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

88 962
124 800
-
-
municipal
16 013
22 464
-
-
national
8 455
16 069
-
-
total
24 468
38 533
-
-
Income
208 000
208 000
208 000
208 000
Total tax
77 183
80 133
103 447
79 620
After tax
130 817
127 867
104 553
128 380
Living cost
36 668
36 668
36 668
36 668
Free-cash
94 149
91 199
67 885
91 712

Estimated living cost  is ₽36668 per week

₽23952
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3527
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8607
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽124297
₽129494
₽116341
₽118065
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 453
income
-
-
-
47 066
health
-
-
-
5 303
total
-
-
-
67 822
Employee
73 442
73 442
196 150
-
health
569
1 249
3 335
-
social contributions
2 777
6 095
8 221
-
income
7 997
6 799
46 140
-
total
11 343
14 143
57 696
-
Employer
73 442
73 442
196 150
-
social contributions
2 777
6 095
8 221
-
health
618
1 359
3 629
-
total
3 395
7 454
11 850
-
Corporate
171 150
127 104
-
-
income
21 394
15 888
-
-
total
21 394
15 888
-
-
Dividends
149 756
111 216
-
-
withholding
25 458
18 908
-
-
total
25 458
18 908
-
-
Income
208 000
208 000
208 000
208 000
Total tax
61 590
56 393
69 546
67 822
After tax
146 410
151 607
138 454
140 178
Living cost
22 113
22 113
22 113
22 113
Free-cash
124 297
129 494
116 341
118 065

Estimated living cost  is ₽22113 per week

₽13253
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2170
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.
₽6202
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽152223
₽157080
₽142630
₽161788
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
208 000
unemployment
-
-
-
27
income
-
-
-
21 490
pensions
-
-
-
6 075
health
-
-
-
3 456
total
-
-
-
31 048
Employee

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

21 923
-
198 666
-
unemployment
109
-
453
-
health
1 863
-
7 703
-
pensions
3 288
-
13 593
-
income
1 499
-
19 123
-
total
6 759
-
40 872
-
Employer

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

21 923
-
198 666
-
pensions
1 205
-
4 984
-
unemployment
109
-
453
-
health
942
-
3 897
-
total
2 256
-
9 334
-
Corporate
183 821
208 000
-
-
income
16 544
18 721
-
-
total
16 544
18 721
-
-
Dividends
167 277
189 279
-
-
withholding
15 054
17 035
-
-
total
15 054
17 035
-
-
Income
208 000
208 000
208 000
208 000
Total tax
40 613
35 756
50 206
31 048
After tax
167 387
172 244
157 794
176 952
Living cost
15 164
15 164
15 164
15 164
Free-cash
152 223
157 080
142 630
161 788

Estimated living cost  is ₽15164 per week

₽9675
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1093
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3944
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽107684
₽111902
₽86012
₽90019
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
89
unemployment
-
-
-
620
income
-
-
-
65 159
pensions
-
-
-
25 052
accident
-
-
-
797
total
-
-
-
91 717
Employee
35 315
-
179 778
-
unemployment
547
-
1 372
-
other
34
-
89
-
pensions
1 660
-
4 161
-
income
6 808
-
61 880
-
total
9 049
-
67 502
-
Employer
35 315
-
179 778
-
other
283
-
709
-
accident
700
-
1 753
-
pensions
8 334
-
20 892
-
unemployment
1 943
-
4 868
-
total
11 260
-
28 222
-
Corporate
161 426
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.

24 214
31 200
-
-
total
24 214
31 200
-
-
Dividends
137 211
176 800
-
-
withholding
29 529
38 634
-
-
total
29 529
38 634
-
-
Income
208 000
208 000
208 000
208 000
Total tax
74 052
69 834
95 724
91 717
After tax
133 948
138 166
112 276
116 283
Living cost
26 264
26 264
26 264
26 264
Free-cash
107 684
111 902
86 012
90 019

Estimated living cost  is ₽26264 per week

₽17728
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2525
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.
₽5552
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽127685
₽127982
₽132199
₽132328
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
71 585
pensions
-
-
-
1 320
health
-
-
-
957
total
-
-
-
73 862
Employee
2 757
-
206 515
-
unemployment
28
-
66
-
health
138
-
330
-
pensions
248
-
594
-
income
533
-
71 516
-
total
947
-
72 506
-
Employer
2 757
-
206 515
-
pensions
303
-
726
-
unemployment
55
-
132
-
health
262
-
627
-
total
620
-
1 485
-
Corporate
204 623
208 000
-
-
income
45 017
45 760
-
-
total
45 017
45 760
-
-
Dividends
159 606
162 240
-
-
withholding
31 921
32 448
-
-
total
31 921
32 448
-
-
Income
208 000
208 000
208 000
208 000
Total tax
78 505
78 208
73 991
73 862
After tax
129 495
129 792
134 009
134 138
Living cost
1 810
1 810
1 810
1 810
Free-cash
127 685
127 982
132 199
132 328

Estimated living cost  is ₽1810 per week

₽1076
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽147
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽41
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽546
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽129104
₽133793
₽116864
₽116863
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
208 000
unemployment
-
-
-
1 057
income
-
-
-
48 018
pensions
-
-
-
18 318
health
-
-
-
7 257
total
-
-
-
74 650
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.

24 861
-
195 389
-
unemployment
186
-
528
-
health
1 280
-
3 628
-
pensions
3 481
-
9 864
-
income
3 427
-
48 018
-
total
8 374
-
62 038
-
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.

24 861
-
195 389
-
pensions
2 983
-
8 455
-
unemployment
186
-
528
-
health
1 280
-
3 628
-
total
4 449
-
12 611
-
Corporate
178 689
208 000
-
-
income
26 803
31 200
-
-
total
26 803
31 200
-
-
Dividends
151 885
176 800
-
-
withholding
22 783
26 520
-
-
total
22 783
26 520
-
-
Income
208 000
208 000
208 000
208 000
Total tax
62 409
57 720
74 649
74 650
After tax
145 591
150 280
133 351
133 350
Living cost
16 487
16 487
16 487
16 487
Free-cash
129 104
133 793
116 864
116 863

Estimated living cost  is ₽16487 per week

₽11101
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1275
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.
₽3634
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92218
₽92563
₽67106
₽83093
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
208 000
social contributions

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

-
-
-
72 281
income
-
-
-
26 878
surtax
-
-
-
-
total
-
-
-
99 159
Employee
37 069
-
168 081
-
surtax
-
-
114
-
social contributions
4 078
-
18 489
-
income
7 243
-
56 624
-
total
11 321
-
75 227
-
Employer
37 069
-
168 081
-
social contributions
8 803
-
39 919
-
total
8 803
-
39 919
-
Corporate
162 128
208 000
-
-
income
34 047
43 680
-
-
surtax
-
-
-
-
total
34 047
43 680
-
-
Dividends
128 081
164 320
-
-
withholding
35 863
46 009
-
-
total
35 863
46 009
-
-
Income
208 000
208 000
208 000
208 000
Total tax
90 034
89 689
115 146
99 159
After tax
117 966
118 311
92 854
108 841
Living cost
25 748
25 748
25 748
25 748
Free-cash
92 218
92 563
67 106
83 093

Estimated living cost  is ₽25748 per week

₽18237
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1789
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5267
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98350
₽104600
₽78710
₽82717
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
89
unemployment
-
-
-
620
income
-
-
-
65 159
pensions
-
-
-
25 052
accident
-
-
-
797
total
-
-
-
91 717
Employee
46 126
-
179 778
-
unemployment
714
-
1 372
-
other
45
-
89
-
pensions
2 168
-
4 161
-
income
9 634
-
61 880
-
total
12 561
-
67 502
-
Employer
46 126
-
179 778
-
other
370
-
709
-
accident
913
-
1 753
-
pensions
10 886
-
20 892
-
unemployment
2 537
-
4 868
-
total
14 706
-
28 222
-
Corporate
147 167
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.

22 076
31 200
-
-
total
22 076
31 200
-
-
Dividends
125 092
176 800
-
-
withholding
26 741
38 634
-
-
total
26 741
38 634
-
-
Income
208 000
208 000
208 000
208 000
Total tax
76 084
69 834
95 724
91 717
After tax
131 916
138 166
112 276
116 283
Living cost
33 566
33 566
33 566
33 566
Free-cash
98 350
104 600
78 710
82 717

Estimated living cost  is ₽33566 per week

₽24106
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2610
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽473
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6378
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽155591
₽161412
₽160051
₽151466
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
208 000
unemployment
-
-
-
133
income
-
-
-
31 200
pensions

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

-
-
-
4 937
health
-
-
-
3 836
total
-
-
-
40 106
Employee
21 754
-
201 455
-
accident

We are using the highest rate at 1.1%.

239
-
367
-
health
1 001
-
1 534
-
pensions

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

1 910
-
2 929
-
income
2 176
-
20 146
-
total
5 326
-
24 976
-
Employer
21 754
-
201 455
-
accident

We are using the highest rate at 1.1%.

239
-
367
-
pensions

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

2 397
-
3 676
-
unemployment
131
-
200
-
health
1 501
-
2 302
-
total
4 268
-
6 545
-
Corporate
181 978
208 000
-
-
income
18 198
20 800
-
-
total
18 198
20 800
-
-
Dividends
163 780
187 200
-
-
withholding
8 189
9 360
-
-
total
8 189
9 360
-
-
Income
208 000
208 000
208 000
208 000
Total tax
35 981
30 160
31 521
40 106
After tax
172 019
177 840
176 479
167 894
Living cost
16 428
16 428
16 428
16 428
Free-cash
155 591
161 412
160 051
151 466

Estimated living cost  is ₽16428 per week

₽10866
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽941
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽392
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4231
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82604
₽70110
₽92118
₽68641
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
208 000
trade
-
-
-
23 477
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.

-
-
-
68 705
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.

-
-
-
6 525
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.

-
-
-
3 779
total
-
-
-
102 486
Employee

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

47 521
-
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.

216
-
3 779
-
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.

6 525
-
6 525
-
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.

3 908
-
68 705
-
total
10 649
-
79 009
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
160 479
208 000
-
-
trade
23 029
29 848
-
-
income
24 071
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.

1 323
1 716
-
-
chamber of commerce
381
449
-
-
total
48 804
63 213
-
-
Dividends
111 674
144 787
-
-
withholding
27 555
35 834
-
-
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.

1 515
1 970
-
-
total
29 070
37 804
-
-
Income
208 000
208 000
208 000
208 000
Total tax
88 523
101 017
79 009
102 486
After tax
119 477
106 983
128 991
105 514
Living cost
36 873
36 873
36 873
36 873
Free-cash
82 604
70 110
92 118
68 641

Estimated living cost  is ₽36873 per week

₽25436
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3967
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.
₽6934
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93302
₽91194
₽50557
₽50557
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
35 623
income
-
-
-
67 414
total
-
-
-
103 037
Employee
74 709
-
208 000
-
social contributions
6 207
-
35 623
-
income
14 097
-
67 414
-
total
20 304
-
103 037
-
Employer
74 709
-
208 000
-
total
-
-
-
-
Corporate
133 291
208 000
-
-
income
16 662
26 000
-
-
total
16 662
26 000
-
-
Dividends
116 629
182 000
-
-
withholding
23 326
36 400
-
-
total
23 326
36 400
-
-
Income
208 000
208 000
208 000
208 000
Total tax
60 292
62 400
103 037
103 037
After tax
147 708
145 600
104 963
104 963
Living cost
54 406
54 406
54 406
54 406
Free-cash
93 302
91 194
50 557
50 557

Estimated living cost  is ₽54406 per week

₽41391
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4433
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8062
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98821
₽95485
₽110796
₽136310
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
208 000
health

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

-
-
-
5 820
income
-
-
-
31 200
total
-
-
-
37 020
Employee
43 814
-
203 607
-
social contributions
4 390
-
4 393
-
income
4 754
-
53 748
-
total
9 144
-
58 141
-
Employer
43 814
-
203 607
-
social contributions
4 390
-
4 393
-
total
4 390
-
4 393
-
Corporate
159 796
208 000
-
-
income
55 929
72 799
-
-
total
55 929
72 799
-
-
Dividends
103 868
135 201
-
-
social contributions
5 046
5 046
-
-
total
5 046
5 046
-
-
Income
208 000
208 000
208 000
208 000
Total tax
74 509
77 845
62 534
37 020
After tax
133 491
130 155
145 466
170 980
Living cost
34 670
34 670
34 670
34 670
Free-cash
98 821
95 485
110 796
136 310

Estimated living cost  is ₽34670 per week

₽22837
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2733
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8567
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽102231
₽96662
₽81234
₽99826
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
63 949
pensions
-
-
-
9 307
total
-
-
-
73 256
Employee
47 929
-
181 308
-
health
625
-
2 464
-
pensions
3 658
-
11 136
-
income
8 728
-
51 556
-
total
13 011
-
65 156
-
Employer
47 929
-
181 308
-
pensions
4 842
-
23 247
-
health
911
-
3 445
-
total
5 753
-
26 692
-
Corporate
154 317
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.

29 319
39 520
-
-
total
29 319
39 520
-
-
Dividends
124 998
168 480
-
-
withholding
22 768
36 900
-
-
total
22 768
36 900
-
-
Income
208 000
208 000
208 000
208 000
Total tax
70 851
76 420
91 848
73 256
After tax
137 149
131 580
116 152
134 744
Living cost
34 918
34 918
34 918
34 918
Free-cash
102 231
96 662
81 234
99 826

Estimated living cost  is ₽34918 per week

₽23953
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3211
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽437
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7314
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽13279
-₽6416
₽90981
₽118796
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
362
income
-
-
-
59 138
pensions
-
-
-
4 063
accident
-
-
-
247
health
-
-
-
2 130
total
-
-
-
65 940
Employee
36 595
-
189 436
-
health
4 190
-
21 691
-
pensions
4 121
-
7 451
-
income
5 021
-
46 049
-
total
13 332
-
75 191
-
Employer
36 595
-
189 436
-
accident
611
-
3 164
-
pensions
5 950
-
10 759
-
unemployment
896
-
4 641
-
total
7 457
-
18 564
-
Corporate
163 947
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.

147 553
187 200
-
-
total
147 553
187 200
-
-
Dividends
16 395
20 800
-
-
withholding
3 115
3 952
-
-
total
3 115
3 952
-
-
Income
208 000
208 000
208 000
208 000
Total tax
171 457
191 152
93 755
65 940
After tax
36 543
16 848
114 245
142 060
Living cost
23 264
23 264
23 264
23 264
Free-cash
13 279
-6 416
90 981
118 796

Estimated living cost  is ₽23264 per week

₽17073
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1356
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4366
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Poland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should use a business incubator or set up a company and hire themselves as an employee.

Source of data for Warsaw model

Close
Skopje , Macedonia
₽143333
₽146222
₽139209
₽118209
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
208 000
unemployment
-
-
-
1 833
income
-
-
-
34 896
pensions
-
-
-
28 099
health insurance
-
-
-
11 301
work injury
-
-
-
764
total
-
-
-
76 893
Employee

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

20 637
-
208 000
-
health insurance
1 527
-
5 650
-
unemployment
248
-
916
-
work injury
103
-
382
-
pensions
3 797
-
14 049
-
income
2 064
-
34 896
-
total
7 739
-
55 893
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
187 363
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%.

18 736
20 800
-
-
total
18 736
20 800
-
-
Dividends
168 626
187 200
-
-
withholding
25 294
28 080
-
-
total
25 294
28 080
-
-
Income
208 000
208 000
208 000
208 000
Total tax
51 769
48 880
55 893
76 893
After tax
156 231
159 120
152 107
131 107
Living cost
12 898
12 898
12 898
12 898
Free-cash
143 333
146 222
139 209
118 209

Estimated living cost  is ₽12898 per week

₽7991
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽937
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽402
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3568
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67167
₽71511
₽51340
₽59186
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
5 016
social contributions
-
-
-
47 802
municipal
-
-
-
1 441
national
-
-
-
56 507
total
-
-
-
110 766
Employee
80 482
-
208 000
-
national
13 601
-
50 113
-
regional
1 215
-
4 521
-
municipal
480
-
1 309
-
social contributions
27 138
-
62 669
-
total
42 434
-
118 612
-
Employer
80 482
-
208 000
-
total
-
-
-
-
Corporate
127 518
208 000
-
-
nationa
30 605
49 921
-
-
municipal
6 146
10 025
-
-
total
36 751
59 946
-
-
Dividends
90 767
148 055
-
-
withholding
23 600
38 495
-
-
total
23 600
38 495
-
-
Income
208 000
208 000
208 000
208 000
Total tax
102 785
98 441
118 612
110 766
After tax
105 215
109 559
89 388
97 234
Living cost
38 048
38 048
38 048
38 048
Free-cash
67 167
71 511
51 340
59 186

Estimated living cost  is ₽38048 per week

₽26726
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2617
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8129
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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