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
₽76400
₽100330
₽74445
₽86784
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
208 000
income

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

-
-
-
69 021
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.

-
-
-
3 797
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.

-
-
-
6 414
trade
-
-
-
25 885
total
-
-
-
105 117
Employee

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

35 910
-
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.

55
-
3 797
-
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.

1 003
-
69 021
-
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.

6 414
-
6 414
-
total
7 472
-
79 232
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
172 090
208 000
-
-
income
25 813
31 199
-
-
surtax

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

1 420
1 716
-
-
chamber of commerce
390
442
-
-
trade
27 105
32 760
-
-
total
54 728
66 117
-
-
Dividends
117 361
141 883
-
-
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.

1 595
1 931
-
-
withholding
28 983
35 114
-
-
total
30 578
37 045
-
-
Income
208 000
208 000
208 000
208 000
Total tax
92 778
103 162
79 232
105 117
After tax
115 222
104 838
128 768
102 883
Living cost
28 438
28 438
28 438
28 438
Free-cash
86 784
76 400
100 330
74 445

Estimated living cost  is ₽28438 per week

₽17888
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3316
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.
₽6703
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79841
₽70646
₽69529
₽79011
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
208 000
social contributions
-
-
-
2 236
municipal
-
-
-
23 030
national
-
-
-
38 294
pensions
-
-
-
24 960
total
-
-
-
88 520
Employee
77 434
-
179 814
-
municipal
9 564
-
23 835
-
pensions
3 097
-
7 193
-
national
14 821
-
40 057
-
total
27 482
-
71 085
-
Employer
77 434
-
179 814
-
pensions
6 195
-
14 385
-
social contributions
832
-
1 933
-
total
7 027
-
16 318
-
Corporate
118 429
208 000
-
-
income

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

23 686
41 600
-
-
total
23 686
41 600
-
-
Dividends
94 743
166 400
-
-
withholding
20 843
36 608
-
-
total
20 843
36 608
-
-
Income
208 000
208 000
208 000
208 000
Total tax
79 038
78 208
87 403
88 520
After tax
128 962
129 792
120 597
119 480
Living cost
49 951
49 951
49 951
49 951
Free-cash
79 011
79 841
70 646
69 529

Estimated living cost  is ₽49951 per week

₽33951
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4643
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽748
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10609
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽146868
₽70731
₽55907
₽139166
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
208 000
income
-
-
-
43 548
surtax
-
-
-
53 039
social contributions

Each person younger than 30 on 1 July, 2001 should make pension contributions to an old-age pension account. We include it in our internal model.

-
-
-
35 973
microenterprise
-
-
-
-
total
-
-
-
132 560
Employee
27 434
-
163 103
-
surtax
-
-
23 650
-
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.

3 018
-
12 308
-
income
4 884
-
36 881
-
total
7 902
-
72 839
-
Employer
27 434
-
163 103
-
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.

6 608
-
26 955
-
surtax
-
-
17 942
-
total
6 608
-
44 897
-
Corporate
173 957
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%.

34 791
41 599
-
-
total
34 791
41 599
-
-
Dividends

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

139 166
166 401
-
-
total
-
-
-
-
Income
208 000
208 000
208 000
208 000
Total tax
49 301
41 599
117 736
132 560
After tax
158 699
166 401
90 264
75 440
Living cost
19 533
19 533
19 533
19 533
Free-cash
139 166
146 868
70 731
55 907

Estimated living cost  is ₽19533 per week

₽12461
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1860
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽444
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4768
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64284
₽93702
₽72537
₽58531
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
73 555
health
-
-
-
11 577
pensions
-
-
-
11 000
total
-
-
-
96 132
Employee
80 176
80 176
190 552
-
pensions
14 432
11 000
11 000
-
income

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

13 124
13 124
34 942
-
health
12 306
10 467
11 577
-
total
39 862
34 591
57 519
-
Employer
80 176
80 176
190 552
-
health
5 573
5 573
6 925
-
pensions
5 580
5 580
6 936
-
unemployment
2 886
2 886
3 587
-
total
14 039
14 039
17 448
-
Corporate
114 767
113 784
-
-
income
22 954
22 756
-
-
total
22 954
22 756
-
-
Dividends
91 814
91 028
-
-
income
19 510
19 344
-
-
withholding
13 773
13 655
-
-
total
33 283
32 999
-
-
Income
208 000
208 000
208 000
208 000
Total tax
110 138
104 385
74 967
96 132
After tax
97 862
103 615
133 033
111 868
Living cost
39 331
39 331
39 331
39 331
Free-cash
58 531
64 284
93 702
72 537

Estimated living cost  is ₽39331 per week

₽27873
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3546
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽625
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7287
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75805
₽65580
₽66496
₽74955
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
208 000
accident
-
-
-
165
other
-
-
-
9 617
unemployment
-
-
-
83
health
-
-
-
5 164
municipal
-
-
-
54 876
national
-
-
-
24 889
pensions
-
-
-
8 947
total
-
-
-
103 741
Employee
53 808
-
181 996
-
municipal
16 046
-
54 271
-
national
-
-
24 382
-
total
16 046
-
78 653
-
Employer
53 808
-
181 996
-
health
3 309
-
5 090
-
pensions
5 817
-
8 947
-
accident
108
-
165
-
unemployment
1 421
-
2 185
-
other
6 253
-
9 617
-
total
16 908
-
26 004
-
Corporate
137 285
208 000
-
-
income
30 203
45 760
-
-
total
30 203
45 760
-
-
Dividends
107 082
162 240
-
-
withholding
32 125
48 672
-
-
total
32 125
48 672
-
-
Income
208 000
208 000
208 000
208 000
Total tax
95 282
94 432
104 657
103 741
After tax
112 718
113 568
103 343
104 259
Living cost
37 763
37 763
37 763
37 763
Free-cash
74 955
75 805
65 580
66 496

Estimated living cost  is ₽37763 per week

₽25028
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3706
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8456
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66886
₽91885
₽64849
₽80078
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
208 000
income

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

-
-
-
69 021
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.

-
-
-
3 797
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.

-
-
-
6 414
trade
-
-
-
27 036
total
-
-
-
106 268
Employee

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

47 612
-
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.

224
-
3 797
-
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.

4 091
-
69 021
-
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.

6 414
-
6 414
-
total
10 729
-
79 232
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
160 388
208 000
-
-
income
24 058
31 199
-
-
surtax

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

1 324
1 716
-
-
chamber of commerce
371
438
-
-
trade
26 383
34 216
-
-
total
52 136
67 569
-
-
Dividends
108 251
140 431
-
-
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.

1 468
1 912
-
-
withholding
26 706
34 750
-
-
total
28 174
36 662
-
-
Income
208 000
208 000
208 000
208 000
Total tax
91 039
104 231
79 232
106 268
After tax
116 961
103 769
128 768
101 732
Living cost
36 883
36 883
36 883
36 883
Free-cash
80 078
66 886
91 885
64 849

Estimated living cost  is ₽36883 per week

₽24668
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3889
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7775
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽121145
₽107866
₽109580
₽117253
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
47 472
social contributions
-
-
-
15 191
health
-
-
-
5 304
total
-
-
-
67 967
Employee
72 195
72 195
196 287
-
social contributions
3 508
5 992
8 082
-
income
7 581
6 683
46 549
-
health
718
1 228
3 337
-
total
11 807
13 903
57 968
-
Employer
72 195
72 195
196 287
-
health
782
1 336
3 631
-
social contributions
3 508
5 992
8 082
-
total
4 290
7 328
11 713
-
Corporate
161 450
128 477
-
-
income
20 181
16 060
-
-
total
20 181
16 060
-
-
Dividends
141 269
112 416
-
-
withholding
24 016
19 111
-
-
total
24 016
19 111
-
-
Income
208 000
208 000
208 000
208 000
Total tax
60 294
56 402
69 681
67 967
After tax
147 706
151 598
138 319
140 033
Living cost
30 453
30 453
30 453
30 453
Free-cash
117 253
121 145
107 866
109 580

Estimated living cost  is ₽30453 per week

₽20817
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2379
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.
₽6746
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99924
₽103755
₽127268
₽100276
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

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

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

The minimum wage is 138,000 HUF per month.

24 286
9 665
174 059
-
unemployment
364
145
2 611
-
pensions
2 429
967
17 406
-
income
2 969
1 182
21 279
-
health
1 700
677
12 184
-
total
7 462
2 971
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.

24 286
9 665
174 059
-
pensions
4 736
1 885
33 941
-
total
4 736
1 885
33 941
-
Corporate
178 979
196 450
-
-
income
16 108
17 680
-
-
total
16 108
17 680
-
-
Dividends
162 871
178 769
-
-
social contributions
31 649
34 750
-
-
withholding
30 945
33 966
-
-
total
62 594
68 716
-
-
Income
208 000
208 000
208 000
208 000
Total tax
90 900
91 252
87 421
63 908
After tax
117 100
116 748
120 579
144 092
Living cost
16 824
16 824
16 824
16 824
Free-cash
100 276
99 924
103 755
127 268

Estimated living cost  is ₽16824 per week

₽11481
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1377
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽336
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3630
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽143724
₽97210
₽88810
₽137890
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
27 871
health
-
-
-
27 041
pensions
-
-
-
41 601
total
-
-
-
96 513
Employee
26 635
-
155 456
-
unemployment
426
-
2 487
-
pensions
533
-
3 109
-
income
2 999
-
29 972
-
total
3 958
-
35 568
-
Employer
26 635
-
155 456
-
health
3 462
-
20 210
-
pensions
5 327
-
31 091
-
unemployment
214
-
1 244
-
total
9 003
-
52 545
-
Corporate
172 363
208 000
-
-
income
34 472
41 599
-
-
total
34 472
41 599
-
-
Dividends
137 890
166 401
-
-
total
-
-
-
-
Income
208 000
208 000
208 000
208 000
Total tax
47 433
41 599
88 113
96 513
After tax
160 567
166 401
119 887
111 487
Living cost
22 677
22 677
22 677
22 677
Free-cash
137 890
143 724
97 210
88 810

Estimated living cost  is ₽22677 per week

₽15554
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1351
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5317
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4083
₽93470
₽121112
₽13636
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
208 000
accident
-
-
-
240
income
-
-
-
59 330
other
-
-
-
353
health
-
-
-
2 075
pensions
-
-
-
3 959
total
-
-
-
65 957
Employee
32 926
-
189 703
-
pensions
3 708
-
7 259
-
income
4 517
-
46 321
-
health
3 770
-
21 721
-
total
11 995
-
75 301
-
Employer
32 926
-
189 703
-
pensions
5 354
-
10 482
-
accident
550
-
3 168
-
unemployment
807
-
4 648
-
total
6 711
-
18 298
-
Corporate
168 364
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.

151 528
187 200
-
-
total
151 528
187 200
-
-
Dividends
16 836
20 800
-
-
withholding
3 199
3 952
-
-
total
3 199
3 952
-
-
Income
208 000
208 000
208 000
208 000
Total tax
173 433
191 152
93 599
65 957
After tax
34 567
16 848
114 401
142 043
Living cost
20 931
20 931
20 931
20 931
Free-cash
13 636
-4 083
93 470
121 112

Estimated living cost  is ₽20931 per week

₽15341
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1160
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.
₽3994
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽190049
₽158849
₽198369
₽188634
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 438
-
208 000
-
income
1 887
-
41 600
-
total
1 887
-
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%.

198 562
208 000
-
-
total
-
-
-
-
Dividends
198 562
208 000
-
-
withholding
9 928
10 400
-
-
total
9 928
10 400
-
-
Income
208 000
208 000
208 000
208 000
Total tax
11 815
10 400
41 600
2 080
After tax
196 185
197 600
166 400
205 920
Living cost
7 551
7 551
7 551
7 551
Free-cash
188 634
190 049
158 849
198 369

Estimated living cost  is ₽7551 per week

₽4680
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽628
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽208
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2036
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽127800
₽97734
₽99459
₽121462
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
208 000
income
-
-
-
36 195
other
-
-
-
6 781
health
-
-
-
6 282
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.

-
-
-
34 266
total
-
-
-
83 524
Employee
34 090
-
171 791
-
unemployment
340
-
1 427
-
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.

2 386
-
9 994
-
income
5 869
-
35 620
-
health
477
-
1 999
-
total
9 072
-
49 040
-
Employer
34 090
-
171 791
-
health
477
-
1 999
-
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.

5 796
-
24 272
-
accident
273
-
1 374
-
unemployment
340
-
1 427
-
other
1 705
-
7 137
-
total
8 591
-
36 209
-
Corporate
165 319
208 000
-
-
income
34 716
43 680
-
-
total
34 716
43 680
-
-
Dividends
130 603
164 320
-
-
withholding
9 142
11 503
-
-
total
9 142
11 503
-
-
Income
208 000
208 000
208 000
208 000
Total tax
61 521
55 183
85 249
83 524
After tax
146 479
152 817
122 751
124 476
Living cost
25 017
25 017
25 017
25 017
Free-cash
121 462
127 800
97 734
99 459

Estimated living cost  is ₽25017 per week

₽17676
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1689
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽403
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5249
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68619
₽53179
₽71773
₽76204
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
63 914
pensions
-
-
-
9 317
total
-
-
-
73 231
Employee
89 130
-
181 310
-
pensions
8 599
-
11 151
-
income
16 067
-
51 519
-
health
1 469
-
2 465
-
total
26 135
-
65 135
-
Employer
89 130
-
181 310
-
health
1 693
-
3 446
-
pensions
10 524
-
23 244
-
total
12 217
-
26 690
-
Corporate
106 653
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.

20 263
39 521
-
-
total
20 263
39 521
-
-
Dividends
86 390
168 479
-
-
withholding
10 185
36 864
-
-
total
10 185
36 864
-
-
Income
208 000
208 000
208 000
208 000
Total tax
68 800
76 385
91 825
73 231
After tax
139 200
131 615
116 175
134 769
Living cost
62 996
62 996
62 996
62 996
Free-cash
76 204
68 619
53 179
71 773

Estimated living cost  is ₽62996 per week

₽47204
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7402
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7879
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽165530
₽164348
₽155733
₽161171
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
208 000
income
-
-
-
31 200
unemployment
-
-
-
131
health
-
-
-
3 772
pensions

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

-
-
-
4 854
total
-
-
-
39 957
Employee
16 300
-
201 566
-
accident

We are using the highest rate at 1.1%.

179
-
361
-
pensions

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

1 431
-
2 880
-
income
1 630
-
20 157
-
health
750
-
1 509
-
total
3 990
-
24 907
-
Employer
16 300
-
201 566
-
health
1 125
-
2 263
-
pensions

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

1 796
-
3 614
-
accident

We are using the highest rate at 1.1%.

179
-
361
-
unemployment
97
-
197
-
total
3 197
-
6 435
-
Corporate
188 501
208 000
-
-
income
18 850
20 800
-
-
total
18 850
20 800
-
-
Dividends
169 651
187 200
-
-
withholding
8 482
9 360
-
-
total
8 482
9 360
-
-
Income
208 000
208 000
208 000
208 000
Total tax
34 519
30 160
31 342
39 957
After tax
173 481
177 840
176 658
168 043
Living cost
12 310
12 310
12 310
12 310
Free-cash
161 171
165 530
164 348
155 733

Estimated living cost  is ₽12310 per week

₽7187
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽879
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽326
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3918
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51553
₽80971
₽59806
₽53915
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
73 555
health
-
-
-
11 577
pensions
-
-
-
11 000
total
-
-
-
96 132
Employee
87 046
80 176
190 552
-
pensions
11 000
11 000
11 000
-
income

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

13 124
13 124
34 942
-
health
10 859
10 467
11 577
-
total
34 983
34 591
57 519
-
Employer
87 046
80 176
190 552
-
health
6 049
5 573
6 925
-
pensions
6 058
5 580
6 936
-
unemployment
3 134
2 886
3 587
-
total
15 241
14 039
17 448
-
Corporate
105 713
113 784
-
-
income
21 143
22 756
-
-
total
21 143
22 756
-
-
Dividends
84 570
91 028
-
-
income
17 970
19 344
-
-
withholding
12 686
13 655
-
-
total
30 656
32 999
-
-
Income
208 000
208 000
208 000
208 000
Total tax
102 023
104 385
74 967
96 132
After tax
105 977
103 615
133 033
111 868
Living cost
52 062
52 062
52 062
52 062
Free-cash
53 915
51 553
80 971
59 806

Estimated living cost  is ₽52062 per week

₽38405
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4650
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽597
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8411
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽120218
₽90415
₽99474
₽112017
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
22 026
social contributions
-
-
-
33 082
solidarity contribution
-
-
-
2 348
health
-
-
-
28 080
total
-
-
-
85 536
Employee
33 809
-
164 840
-
solidarity contribution
-
-
1 535
-
social contributions
2 198
-
7 364
-
income
4 057
-
20 283
-
health
4 564
-
22 253
-
total
10 819
-
51 435
-
Employer
33 809
-
164 840
-
health
3 043
-
14 836
-
social contributions
8 452
-
28 324
-
total
11 495
-
43 160
-
Corporate
162 695
208 000
-
-
income
30 912
39 520
-
-
total
30 912
39 520
-
-
Dividends
131 783
168 480
-
-
withholding
19 767
25 272
-
-
total
19 767
25 272
-
-
Income
208 000
208 000
208 000
208 000
Total tax
72 993
64 792
94 595
85 536
After tax
135 007
143 208
113 405
122 464
Living cost
22 990
22 990
22 990
22 990
Free-cash
112 017
120 218
90 415
99 474

Estimated living cost  is ₽22990 per week

₽15969
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1636
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽452
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4933
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71359
₽52465
₽60426
₽66458
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
46 991
regional
-
-
-
2 614
municipal
-
-
-
1 288
national
-
-
-
57 064
total
-
-
-
107 957
Employee
83 442
-
208 000
-
municipal
442
-
1 171
-
national
14 458
-
50 780
-
regional
787
-
2 361
-
social contributions
28 137
-
61 606
-
total
43 824
-
115 918
-
Employer
83 442
-
208 000
-
total
-
-
-
-
Corporate
124 558
208 000
-
-
municipal
4 857
8 112
-
-
nationa
29 893
49 920
-
-
total
34 750
58 032
-
-
Dividends
89 808
149 968
-
-
withholding
23 351
38 992
-
-
total
23 351
38 992
-
-
Income
208 000
208 000
208 000
208 000
Total tax
101 925
97 024
115 918
107 957
After tax
106 075
110 976
92 082
100 043
Living cost
39 617
39 617
39 617
39 617
Free-cash
66 458
71 359
52 465
60 426

Estimated living cost  is ₽39617 per week

₽27616
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2598
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽608
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8794
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽110115
₽71409
₽77147
₽107192
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
65 039
other
-
-
-
-
surtax
-
-
-
10 925
unemployment
-
-
-
214
health
-
-
-
8 896
pensions
-
-
-
25 061
total
-
-
-
110 135
Employee
31 048
-
181 624
-
other
-
-
-
-
unemployment
2 161
-
8 721
-
pensions
2 070
-
8 358
-
surtax
102
-
9 801
-
income
5 204
-
59 423
-
health
793
-
3 195
-
total
10 330
-
89 498
-
Employer
31 048
-
181 624
-
health
1 413
-
5 701
-
pensions
4 139
-
16 703
-
unemployment
983
-
3 971
-
other
-
-
-
-
total
6 535
-
26 375
-
Corporate
170 417
208 000
-
-
income
44 309
54 080
-
-
total
44 309
54 080
-
-
Dividends
126 107
153 920
-
-
withholding
18 916
23 087
-
-
total
18 916
23 087
-
-
Income
208 000
208 000
208 000
208 000
Total tax
80 090
77 167
115 873
110 135
After tax
127 910
130 833
92 127
97 865
Living cost
20 718
20 718
20 718
20 718
Free-cash
107 192
110 115
71 409
77 147

Estimated living cost  is ₽20718 per week

₽12668
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1912
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.
₽5660
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88578
₽73138
₽91732
₽94802
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
63 914
pensions
-
-
-
9 317
total
-
-
-
73 231
Employee
59 733
-
181 310
-
pensions
5 070
-
11 151
-
income
10 758
-
51 519
-
health
867
-
2 465
-
total
16 695
-
65 135
-
Employer
59 733
-
181 310
-
health
1 135
-
3 446
-
pensions
6 466
-
23 244
-
total
7 601
-
26 690
-
Corporate
140 666
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.

26 727
39 521
-
-
total
26 727
39 521
-
-
Dividends
113 939
168 479
-
-
withholding
19 138
36 864
-
-
total
19 138
36 864
-
-
Income
208 000
208 000
208 000
208 000
Total tax
70 161
76 385
91 825
73 231
After tax
137 839
131 615
116 175
134 769
Living cost
43 037
43 037
43 037
43 037
Free-cash
94 802
88 578
73 138
91 732

Estimated living cost  is ₽43037 per week

₽32243
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3226
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7117
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽20836
₽83294
₽91292
₽52616
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
11 422
health
-
-
-
467
city
-
-
-
2 192
national
-
-
-
5 051
pensions
-
-
-
19 135
total
-
-
-
42 428
Employee
86 926
-
186 972
-
unemployment
-
-
-
-
pensions
7 303
-
14 810
-
national
411
-
4 092
-
regional
2 846
-
10 113
-
city
933
-
2 018
-
health
197
-
422
-
total
11 690
-
31 455
-
Employer
86 926
-
186 972
-
health
197
-
422
-
pensions
7 303
-
14 810
-
unemployment
-
-
-
-
other

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

1 738
-
3 739
-
total
9 238
-
18 971
-
Corporate
110 880
208 000
-
-
regional
23 450
43 991
-
-
national
9 424
17 679
-
-
total
32 874
61 670
-
-
Dividends
78 006
146 329
-
-
withholding
27 302
51 214
-
-
total
27 302
51 214
-
-
Income
208 000
208 000
208 000
208 000
Total tax
81 104
112 884
50 426
42 428
After tax
126 896
95 116
157 574
165 572
Living cost
74 280
74 280
74 280
74 280
Free-cash
52 616
20 836
83 294
91 292

Estimated living cost  is ₽74280 per week

₽48303
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6666
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽912
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18399
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽59687
₽85758
₽57571
₽74913
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
208 000
income

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

-
-
-
69 021
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.

-
-
-
3 797
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.

-
-
-
6 414
trade
-
-
-
28 186
total
-
-
-
107 418
Employee

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

56 425
-
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.

365
-
3 797
-
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.

6 635
-
69 021
-
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.

6 414
-
6 414
-
total
13 414
-
79 232
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
151 575
208 000
-
-
income
22 736
31 199
-
-
surtax

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

1 251
1 716
-
-
chamber of commerce
356
435
-
-
trade
25 995
35 671
-
-
total
50 338
69 021
-
-
Dividends
101 237
138 979
-
-
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.

1 372
1 892
-
-
withholding
24 953
34 389
-
-
total
26 325
36 281
-
-
Income
208 000
208 000
208 000
208 000
Total tax
90 077
105 302
79 232
107 418
After tax
117 923
102 698
128 768
100 582
Living cost
43 010
43 010
43 010
43 010
Free-cash
74 913
59 687
85 758
57 571

Estimated living cost  is ₽43010 per week

₽31413
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3440
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7599
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72711
₽76086
₽81977
₽78256
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
38 374
other
-
-
-
6 448
surtax
-
-
-
-
social contributions
-
-
-
5 926
health
-
-
-
10 125
pensions
-
-
-
33 028
total
-
-
-
93 901
Employee
40 183
-
158 797
-
pensions
4 543
-
11 948
-
surtax
-
-
-
-
social contributions
1 146
-
4 526
-
income
2 371
-
34 113
-
total
8 060
-
50 587
-
Employer
40 183
-
158 797
-
health
2 813
-
15 766
-
pensions
6 601
-
19 950
-
unemployment
1 627
-
6 432
-
social contributions
121
-
476
-
other
1 386
-
6 581
-
total
12 548
-
49 205
-
Corporate
155 269
208 000
-
-
income
43 475
58 240
-
-
surtax
-
-
-
-
total
43 475
58 240
-
-
Dividends
111 794
149 760
-
-
surtax
-
-
-
-
social contributions
19 230
25 758
-
-
withholding
14 309
19 169
-
-
total
33 539
44 927
-
-
Income
208 000
208 000
208 000
208 000
Total tax
97 622
103 167
99 792
93 901
After tax
110 378
104 833
108 208
114 099
Living cost
32 122
32 122
32 122
32 122
Free-cash
78 256
72 711
76 086
81 977

Estimated living cost  is ₽32122 per week

₽20254
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2612
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8711
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75893
₽79268
₽85159
₽81110
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
38 374
other
-
-
-
6 448
surtax
-
-
-
-
social contributions
-
-
-
5 926
health
-
-
-
10 125
pensions
-
-
-
33 028
total
-
-
-
93 901
Employee
35 869
-
158 797
-
pensions
4 057
-
11 948
-
surtax
-
-
-
-
social contributions
1 023
-
4 526
-
income
1 849
-
34 113
-
total
6 929
-
50 587
-
Employer
35 869
-
158 797
-
health
2 510
-
15 766
-
pensions
5 894
-
19 950
-
unemployment
1 452
-
6 432
-
social contributions
107
-
476
-
other
1 238
-
6 581
-
total
11 201
-
49 205
-
Corporate
160 930
208 000
-
-
income
45 061
58 240
-
-
surtax
-
-
-
-
total
45 061
58 240
-
-
Dividends
115 869
149 760
-
-
surtax
-
-
-
-
social contributions
19 928
25 758
-
-
withholding
14 831
19 169
-
-
total
34 759
44 927
-
-
Income
208 000
208 000
208 000
208 000
Total tax
97 950
103 167
99 792
93 901
After tax
110 050
104 833
108 208
114 099
Living cost
28 940
28 940
28 940
28 940
Free-cash
81 110
75 893
79 268
85 159

Estimated living cost  is ₽28940 per week

₽16784
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2940
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.
₽8668
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽106990
₽108127
₽113670
₽107476
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
208 000
income
-
-
-
31 199
social contributions
-
-
-
28 703
health
-
-
-
14 519
total
-
-
-
74 421
Employee
31 834
-
208 000
-
social contributions
4 394
-
28 703
-
income
5 309
-
36 742
-
health
2 222
-
14 519
-
total
11 925
-
79 964
-
Employer
31 834
-
208 000
-
total
-
-
-
-
Corporate
176 166
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%.

8 809
10 400
-
-
total
8 809
10 400
-
-
Dividends
167 358
197 600
-
-
social contributions
23 096
27 269
-
-
withholding
25 104
29 640
-
-
health
11 681
13 792
-
-
total
59 881
70 701
-
-
Income
208 000
208 000
208 000
208 000
Total tax
80 615
81 101
79 964
74 421
After tax
127 385
126 899
128 036
133 579
Living cost
19 909
19 909
19 909
19 909
Free-cash
107 476
106 990
108 127
113 670

Estimated living cost  is ₽19909 per week

₽13324
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1228
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4898
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81597
₽21482
₽73527
₽80144
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
65 934
surtax
-
-
-
185
unemployment
-
-
-
5 758
chamber of commerce
-
-
-
832
health
-
-
-
8 390
pensions
-
-
-
20 292
total
-
-
-
101 391
Employee
46 921
37 416
171 719
-
other
469
374
1 098
-
unemployment
1 408
1 122
3 291
-
pensions
4 805
3 831
11 232
-
income
5 342
2 760
55 252
-
health
1 816
1 449
4 244
-
total
13 840
9 536
75 117
-
Employer
46 921
37 416
171 719
-
chamber of commerce
187
150
688
-
health
1 773
1 415
4 146
-
pensions
5 889
4 697
13 765
-
accident
609
486
1 425
-
unemployment
1 408
1 122
3 291
-
surtax
185
185
185
-
payroll
1 408
1 122
5 151
-
other
2 229
1 776
7 629
-
total
13 688
10 953
36 280
-
Corporate
147 392
159 630
168 156
-
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.

36 847
39 908
42 039
-
total
36 847
39 908
42 039
-
Dividends
110 545
119 722
-
-
withholding
30 399
32 924
-
-
total
30 399
32 924
-
-
Income
208 000
208 000
208 000
208 000
Total tax
94 774
93 321
153 436
101 391
After tax
113 226
114 679
54 564
106 609
Living cost
33 082
33 082
33 082
33 082
Free-cash
80 144
81 597
21 482
73 527

Estimated living cost  is ₽33082 per week

₽22065
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2822
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽543
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7652
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80090
₽36620
₽56219
₽67926
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
208 000
communal

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

-
-
-
11 075
social contributions
-
-
-
23 408
national
-
-
-
83 065
total
-
-
-
117 548
Employee

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

67 159
-
161 104
-
unemployment

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

584
-
1 402
-
communal

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

3 503
-
8 402
-
pensions

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

5 037
-
12 083
-
national
20 647
-
60 792
-
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.

3 155
-
7 572
-
total
32 926
-
90 251
-
Employer

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

67 159
-
161 104
-
health

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

4 130
-
9 908
-
pensions

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

5 951
-
14 273
-
accident

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

873
-
2 093
-
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.

980
-
2 352
-
surtax
7 615
-
18 270
-
total
19 549
-
46 896
-
Corporate
121 293
208 000
-
-
income
24 258
44 284
-
-
surtax
485
886
-
-
total
24 743
45 170
-
-
Dividends
96 550
162 830
-
-
withholding

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

28 623
48 507
-
-
total
28 623
48 507
-
-
Income
208 000
208 000
208 000
208 000
Total tax
105 841
93 677
137 147
117 548
After tax
102 159
114 323
70 853
90 452
Living cost
34 233
34 233
34 233
34 233
Free-cash
67 926
80 090
36 620
56 219

Estimated living cost  is ₽34233 per week

₽22050
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2993
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8654
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽104226
₽78405
₽82346
₽97792
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
208 000
accident
-
-
-
784
income
-
-
-
65 640
other
-
-
-
87
unemployment
-
-
-
609
pensions
-
-
-
24 627
total
-
-
-
91 747
Employee
46 735
-
180 257
-
other
46
-
87
-
unemployment
725
-
1 349
-
pensions
2 197
-
4 091
-
income
9 861
-
62 417
-
total
12 829
-
67 944
-
Employer
46 735
-
180 257
-
pensions
11 029
-
20 538
-
accident
925
-
1 723
-
unemployment
2 571
-
4 786
-
other
372
-
697
-
total
14 897
-
27 744
-
Corporate
146 368
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.

21 956
31 199
-
-
total
21 956
31 199
-
-
Dividends
124 412
176 801
-
-
withholding
26 619
38 668
-
-
total
26 619
38 668
-
-
Income
208 000
208 000
208 000
208 000
Total tax
76 301
69 867
95 688
91 747
After tax
131 699
138 133
112 312
116 253
Living cost
33 907
33 907
33 907
33 907
Free-cash
97 792
104 226
78 405
82 346

Estimated living cost  is ₽33907 per week

₽24969
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2405
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6044
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67037
₽55333
₽47043
₽54138
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
208 000
communal
-
-
-
13 145
accident
-
-
-
1 753
income
-
-
-
38 935
surtax
-
-
-
10 312
health
-
-
-
14 613
pensions
-
-
-
31 176
total
-
-
-
109 934
Employee
71 101
-
185 796
-
pensions
5 687
-
14 863
-
surtax
4 358
-
11 387
-
income
6 868
-
44 921
-
health
3 164
-
8 269
-
total
20 077
-
79 440
-
Employer
71 101
-
185 796
-
health
2 168
-
5 668
-
pensions
5 687
-
14 863
-
accident
640
-
1 673
-
total
8 495
-
22 204
-
Corporate
128 404
208 000
-
-
communal
8 668
14 040
-
-
income
19 260
31 199
-
-
surtax
1 349
2 184
-
-
total
29 277
47 423
-
-
Dividends
99 127
160 577
-
-
income
30 122
18 430
-
-
withholding
14 868
24 087
-
-
total
44 990
42 517
-
-
Income
208 000
208 000
208 000
208 000
Total tax
102 839
89 940
101 644
109 934
After tax
105 161
118 060
106 356
98 066
Living cost
51 023
51 023
51 023
51 023
Free-cash
54 138
67 037
55 333
47 043

Estimated living cost  is ₽51023 per week

₽38274
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3091
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.
₽9115
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽109745
₽71039
₽76777
₽106756
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
65 039
other
-
-
-
-
surtax
-
-
-
10 925
unemployment
-
-
-
214
health
-
-
-
8 896
pensions
-
-
-
25 061
total
-
-
-
110 135
Employee
31 618
-
181 624
-
other
-
-
-
-
unemployment
2 200
-
8 721
-
pensions
2 110
-
8 358
-
surtax
112
-
9 801
-
income
5 301
-
59 423
-
health
807
-
3 195
-
total
10 530
-
89 498
-
Employer
31 618
-
181 624
-
health
1 438
-
5 701
-
pensions
4 216
-
16 703
-
unemployment
1 003
-
3 971
-
other
-
-
-
-
total
6 657
-
26 375
-
Corporate
169 725
208 000
-
-
income
44 129
54 080
-
-
total
44 129
54 080
-
-
Dividends
125 596
153 920
-
-
withholding
18 840
23 087
-
-
total
18 840
23 087
-
-
Income
208 000
208 000
208 000
208 000
Total tax
80 156
77 167
115 873
110 135
After tax
127 844
130 833
92 127
97 865
Living cost
21 088
21 088
21 088
21 088
Free-cash
106 756
109 745
71 039
76 777

Estimated living cost  is ₽21088 per week

₽12732
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1833
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6035
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84039
₽66181
₽74097
₽81955
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
46 991
regional
-
-
-
3 269
municipal
-
-
-
1 288
national
-
-
-
57 064
total
-
-
-
108 612
Employee
52 081
-
208 000
-
municipal
276
-
1 171
-
national
8 251
-
50 780
-
regional
701
-
2 971
-
social contributions
17 562
-
61 606
-
total
26 790
-
116 528
-
Employer
52 081
-
208 000
-
total
-
-
-
-
Corporate
155 919
208 000
-
-
municipal
7 749
10 337
-
-
nationa
37 421
49 920
-
-
total
45 170
60 257
-
-
Dividends
110 749
147 743
-
-
withholding
28 794
38 413
-
-
total
28 794
38 413
-
-
Income
208 000
208 000
208 000
208 000
Total tax
100 754
98 670
116 528
108 612
After tax
107 246
109 330
91 472
99 388
Living cost
25 291
25 291
25 291
25 291
Free-cash
81 955
84 039
66 181
74 097

Estimated living cost  is ₽25291 per week

₽15729
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2562
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽433
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6567
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽114878
₽85075
₽94134
₽104771
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
22 026
social contributions
-
-
-
33 082
solidarity contribution
-
-
-
2 348
health
-
-
-
28 080
total
-
-
-
85 536
Employee
41 662
-
164 840
-
solidarity contribution
-
-
1 535
-
social contributions
2 708
-
7 364
-
income
4 999
-
20 283
-
health
5 624
-
22 253
-
total
13 331
-
51 435
-
Employer
41 662
-
164 840
-
health
3 750
-
14 836
-
social contributions
10 416
-
28 324
-
total
14 166
-
43 160
-
Corporate
152 173
208 000
-
-
income
28 913
39 520
-
-
total
28 913
39 520
-
-
Dividends
123 260
168 480
-
-
withholding
18 489
25 272
-
-
total
18 489
25 272
-
-
Income
208 000
208 000
208 000
208 000
Total tax
74 899
64 792
94 595
85 536
After tax
133 101
143 208
113 405
122 464
Living cost
28 330
28 330
28 330
28 330
Free-cash
104 771
114 878
85 075
94 134

Estimated living cost  is ₽28330 per week

₽21068
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1569
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5203
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84826
₽24658
₽76840
₽84361
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
65 934
surtax
-
-
-
-
unemployment
-
-
-
5 758
chamber of commerce
-
-
-
832
health
-
-
-
8 390
pensions
-
-
-
20 292
total
-
-
-
101 206
Employee
41 041
37 416
171 892
-
other
410
374
1 098
-
unemployment
1 231
1 122
3 291
-
pensions
4 203
3 831
11 232
-
income
3 656
2 760
55 334
-
health
1 587
1 449
4 244
-
total
11 087
9 536
75 199
-
Employer
41 041
37 416
171 892
-
chamber of commerce
164
150
688
-
health
1 552
1 415
4 146
-
pensions
5 151
4 697
13 765
-
accident
533
486
1 425
-
unemployment
1 231
1 122
3 291
-
surtax
-
-
-
-
payroll
1 231
1 122
5 156
-
other
1 949
1 776
7 636
-
total
11 811
10 768
36 107
-
Corporate
155 148
159 816
168 329
-
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.

38 788
39 955
42 082
-
total
38 788
39 955
42 082
-
Dividends
116 360
119 861
-
-
withholding
31 999
32 961
-
-
total
31 999
32 961
-
-
Income
208 000
208 000
208 000
208 000
Total tax
93 685
93 220
153 388
101 206
After tax
114 315
114 780
54 612
106 794
Living cost
29 954
29 954
29 954
29 954
Free-cash
84 361
84 826
24 658
76 840

Estimated living cost  is ₽29954 per week

₽17968
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3059
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.
₽8392
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽185833
₽154633
₽194153
₽183626
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
14 709
-
208 000
-
income
2 942
-
41 600
-
total
2 942
-
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%.

193 291
208 000
-
-
total
-
-
-
-
Dividends
193 291
208 000
-
-
withholding
9 665
10 400
-
-
total
9 665
10 400
-
-
Income
208 000
208 000
208 000
208 000
Total tax
12 607
10 400
41 600
2 080
After tax
195 393
197 600
166 400
205 920
Living cost
11 767
11 767
11 767
11 767
Free-cash
183 626
185 833
154 633
194 153

Estimated living cost  is ₽11767 per week

₽7963
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽494
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽395
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2915
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽118025
₽67209
₽71724
₽110173
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

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

-
-
-
208 000
income
-
-
-
52 329
unemployment
-
-
-
312
health
-
-
-
20 466
pensions
-
-
-
37 986
total
-
-
-
111 093
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.

41 517
-
179 976
-
unemployment
59
-
251
-
pensions
6 435
-
27 896
-
income
7 160
-
47 813
-
health
2 681
-
11 626
-
total
16 335
-
87 586
-
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.

41 517
-
179 976
-
health
2 765
-
11 985
-
pensions
3 674
-
15 928
-
unemployment
25
-
109
-
total
6 464
-
28 022
-
Corporate
160 019
208 000
-
-
income
30 403
39 520
-
-
total
30 403
39 520
-
-
Dividends
129 616
168 480
-
-
withholding
19 442
25 272
-
-
total
19 442
25 272
-
-
Income
208 000
208 000
208 000
208 000
Total tax
72 644
64 792
115 608
111 093
After tax
135 356
143 208
92 392
96 907
Living cost
25 183
25 183
25 183
25 183
Free-cash
110 173
118 025
67 209
71 724

Estimated living cost  is ₽25183 per week

₽17282
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1614
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5799
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86446
₽155673
₽103644
₽42239
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
208 000
income
-
-
-
40 543
social contributions
-
-
-
23 712
total
-
-
-
64 255
Employee
57 499
-
-
-
social contributions
4 715
-
672
-
income
12 683
-
-
-
total
17 398
-
672
-
Employer
57 499
-
-
-
social contributions
81 074
-
11 554
-
total
81 074
-
11 554
-
Corporate
69 426
208 000
-
-
income
15 274
45 760
-
-
total
15 274
45 760
-
-
Dividends
54 152
162 240
-
-
income
11 914
35 693
-
-
total
11 914
35 693
-
-
Income
208 000
208 000
208 000
208 000
Total tax
125 660
81 453
12 226
64 255
After tax
82 340
126 547
195 774
143 745
Living cost
40 101
40 101
40 101
40 101
Free-cash
42 239
86 446
155 673
103 644

Estimated living cost  is ₽40101 per week

₽26019
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3772
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.
₽9799
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88861
₽63085
₽79209
₽87915
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
208 000
income
-
-
-
27 061
surtax
-
-
-
-
social contributions

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

-
-
-
72 280
total
-
-
-
99 341
Employee
43 181
-
168 081
-
surtax
-
-
176
-
social contributions
4 750
-
18 489
-
income
8 982
-
56 881
-
total
13 732
-
75 546
-
Employer
43 181
-
168 081
-
social contributions
10 255
-
39 919
-
total
10 255
-
39 919
-
Corporate
154 563
208 000
-
-
income
32 459
43 680
-
-
surtax
-
-
-
-
total
32 459
43 680
-
-
Dividends
122 104
164 320
-
-
withholding
34 189
46 009
-
-
total
34 189
46 009
-
-
Income
208 000
208 000
208 000
208 000
Total tax
90 635
89 689
115 465
99 341
After tax
117 365
118 311
92 535
108 659
Living cost
29 450
29 450
29 450
29 450
Free-cash
87 915
88 861
63 085
79 209

Estimated living cost  is ₽29450 per week

₽22034
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1737
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5187
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59486
₽62861
₽68752
₽65941
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
38 374
other
-
-
-
6 448
surtax
-
-
-
-
social contributions
-
-
-
5 926
health
-
-
-
10 125
pensions
-
-
-
33 028
total
-
-
-
93 901
Employee
58 804
-
158 797
-
pensions
6 651
-
11 948
-
surtax
-
-
-
-
social contributions
1 675
-
4 526
-
income
5 131
-
34 113
-
total
13 457
-
50 587
-
Employer
58 804
-
158 797
-
health
4 116
-
15 766
-
pensions
9 662
-
19 950
-
unemployment
2 382
-
6 432
-
social contributions
176
-
476
-
other
2 029
-
6 581
-
total
18 365
-
49 205
-
Corporate
130 830
208 000
-
-
income
36 632
58 240
-
-
surtax
-
-
-
-
total
36 632
58 240
-
-
Dividends
94 199
149 760
-
-
surtax
-
-
-
-
social contributions
16 201
25 758
-
-
withholding
12 057
19 169
-
-
total
28 258
44 927
-
-
Income
208 000
208 000
208 000
208 000
Total tax
96 712
103 167
99 792
93 901
After tax
111 288
104 833
108 208
114 099
Living cost
45 347
45 347
45 347
45 347
Free-cash
65 941
59 486
62 861
68 752

Estimated living cost  is ₽45347 per week

₽30690
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3709
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽622
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10325
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽158978
₽129023
₽123496
₽155822
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 523
social contributions
-
-
-
45 759
total
-
-
-
56 282
Employee
30 184
-
180 086
-
income
-
-
11 137
-
social contributions
1 962
-
11 706
-
total
1 962
-
22 843
-
Employer
30 184
-
180 086
-
social contributions
4 679
-
27 912
-
total
4 679
-
27 912
-
Corporate
173 137
208 000
-
-
income
17 315
20 800
-
-
total
17 315
20 800
-
-
Dividends
155 823
187 200
-
-
total
-
-
-
-
Income
208 000
208 000
208 000
208 000
Total tax
23 956
20 800
50 755
56 282
After tax
184 044
187 200
157 245
151 718
Living cost
28 222
28 222
28 222
28 222
Free-cash
155 822
158 978
129 023
123 496

Estimated living cost  is ₽28222 per week

₽18248
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2127
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.
₽7316
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3442
₽3442
₽74995
₽1960
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
208 000
labour market
-
-
-
16 575
municipal
-
-
-
44 593
national
-
-
-
25 807
pensions
-
-
-
814
total
-
-
-
87 789
Employee
190 844
190 844
190 844
-
municipal
40 639
40 639
40 639
-
labour market
15 246
15 246
15 246
-
pensions
271
271
271
-
national
23 315
23 315
23 315
-
total
79 471
79 471
79 471
-
Employer
190 844
190 844
190 844
-
national
23 356
23 356
23 356
-
labour market
15 268
15 268
15 268
-
pensions
543
543
543
-
municipal
40 704
40 704
40 704
-
total
79 871
79 871
79 871
-
Corporate
3 443
-
-
-
income
757
-
-
-
total
757
-
-
-
Dividends
2 686
-
-
-
withholding
725
-
-
-
total
725
-
-
-
Income
208 000
208 000
208 000
208 000
Total tax
160 824
159 342
159 342
87 789
After tax
47 176
48 658
48 658
120 211
Living cost
45 216
45 216
45 216
45 216
Free-cash
1 960
3 442
3 442
74 995

Estimated living cost  is ₽45216 per week

₽30946
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4000
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽695
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9574
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3774
₽93779
₽121421
₽13685
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
208 000
accident
-
-
-
240
income
-
-
-
59 330
other
-
-
-
353
health
-
-
-
2 075
pensions
-
-
-
3 959
total
-
-
-
65 957
Employee
32 441
-
189 703
-
pensions
3 653
-
7 259
-
income
4 450
-
46 321
-
health
3 715
-
21 721
-
total
11 818
-
75 301
-
Employer
32 441
-
189 703
-
pensions
5 275
-
10 482
-
accident
542
-
3 168
-
unemployment
795
-
4 648
-
total
6 612
-
18 298
-
Corporate
168 948
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.

152 053
187 200
-
-
total
152 053
187 200
-
-
Dividends
16 895
20 800
-
-
withholding
3 210
3 952
-
-
total
3 210
3 952
-
-
Income
208 000
208 000
208 000
208 000
Total tax
173 693
191 152
93 599
65 957
After tax
34 307
16 848
114 401
142 043
Living cost
20 622
20 622
20 622
20 622
Free-cash
13 685
-3 774
93 779
121 421

Estimated living cost  is ₽20622 per week

₽15011
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1176
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽387
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4049
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91644
₽68095
₽91917
₽94543
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
208 000
health
-
-
-
2 812
municipal
-
-
-
36 935
national
-
-
-
40 290
total
-
-
-
80 037
Employee
49 396
-
174 982
-
municipal
8 091
-
28 484
-
unemployment
741
-
2 624
-
pensions
3 334
-
11 811
-
national
816
-
25 619
-
health
369
-
2 302
-
total
13 351
-
70 840
-
Employer
49 396
-
174 982
-
health
380
-
1 347
-
pensions
8 570
-
30 360
-
accident
50
-
175
-
unemployment
321
-
1 137
-
total
9 321
-
33 019
-
Corporate
149 284
208 000
-
-
income
29 856
41 599
-
-
total
29 856
41 599
-
-
Dividends

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

89 571
124 801
-
-
municipal
16 123
22 464
-
-
national
8 760
16 247
-
-
total
24 883
38 711
-
-
Income
208 000
208 000
208 000
208 000
Total tax
77 411
80 310
103 859
80 037
After tax
130 589
127 690
104 141
127 963
Living cost
36 046
36 046
36 046
36 046
Free-cash
94 543
91 644
68 095
91 917

Estimated living cost  is ₽36046 per week

₽23545
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3467
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8461
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽129860
₽116581
₽118295
₽124752
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
47 472
social contributions
-
-
-
15 191
health
-
-
-
5 304
total
-
-
-
67 967
Employee
72 195
72 195
196 287
-
social contributions
2 730
5 992
8 082
-
income
7 861
6 683
46 549
-
health
559
1 228
3 337
-
total
11 150
13 903
57 968
-
Employer
72 195
72 195
196 287
-
health
608
1 336
3 631
-
social contributions
2 730
5 992
8 082
-
total
3 338
7 328
11 713
-
Corporate
171 775
128 477
-
-
income
21 471
16 060
-
-
total
21 471
16 060
-
-
Dividends
150 304
112 416
-
-
withholding
25 551
19 111
-
-
total
25 551
19 111
-
-
Income
208 000
208 000
208 000
208 000
Total tax
61 510
56 402
69 681
67 967
After tax
146 490
151 598
138 319
140 033
Living cost
21 738
21 738
21 738
21 738
Free-cash
124 752
129 860
116 581
118 295

Estimated living cost  is ₽21738 per week

₽13028
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2133
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6097
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽157338
₽143350
₽162182
₽152562
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
208 000
income
-
-
-
21 514
unemployment
-
-
-
27
health
-
-
-
3 398
pensions
-
-
-
5 972
total
-
-
-
30 911
Employee

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

21 550
-
198 824
-
unemployment
107
-
445
-
pensions
3 232
-
13 363
-
income
1 473
-
19 187
-
health
1 832
-
7 572
-
total
6 644
-
40 567
-
Employer

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

21 550
-
198 824
-
health
926
-
3 831
-
pensions
1 185
-
4 900
-
unemployment
107
-
445
-
total
2 218
-
9 176
-
Corporate
184 231
208 000
-
-
income
16 580
18 720
-
-
total
16 580
18 720
-
-
Dividends
167 651
189 280
-
-
withholding
15 089
17 035
-
-
total
15 089
17 035
-
-
Income
208 000
208 000
208 000
208 000
Total tax
40 531
35 755
49 743
30 911
After tax
167 469
172 245
158 257
177 089
Living cost
14 907
14 907
14 907
14 907
Free-cash
152 562
157 338
143 350
162 182

Estimated living cost  is ₽14907 per week

₽9511
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1074
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽444
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3877
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽112315
₽86494
₽90435
₽108167
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
208 000
accident
-
-
-
784
income
-
-
-
65 640
other
-
-
-
87
unemployment
-
-
-
609
pensions
-
-
-
24 627
total
-
-
-
91 747
Employee
34 716
-
180 257
-
other
34
-
87
-
unemployment
538
-
1 349
-
pensions
1 632
-
4 091
-
income
6 693
-
62 417
-
total
8 897
-
67 944
-
Employer
34 716
-
180 257
-
pensions
8 192
-
20 538
-
accident
688
-
1 723
-
unemployment
1 910
-
4 786
-
other
278
-
697
-
total
11 068
-
27 744
-
Corporate
162 216
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.

24 333
31 199
-
-
total
24 333
31 199
-
-
Dividends
137 884
176 801
-
-
withholding
29 717
38 668
-
-
total
29 717
38 668
-
-
Income
208 000
208 000
208 000
208 000
Total tax
74 015
69 867
95 688
91 747
After tax
133 985
138 133
112 312
116 253
Living cost
25 818
25 818
25 818
25 818
Free-cash
108 167
112 315
86 494
90 435

Estimated living cost  is ₽25818 per week

₽17427
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2482
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5457
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Valencia model

Close
Istanbul , Turkey
₽127895
₽132055
₽132189
₽127583
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
71 527
health
-
-
-
1 003
pensions
-
-
-
1 384
total
-
-
-
73 914
Employee
2 889
-
206 443
-
unemployment
29
-
69
-
pensions
260
-
623
-
income
559
-
71 454
-
health
144
-
346
-
total
992
-
72 492
-
Employer
2 889
-
206 443
-
health
275
-
657
-
pensions
318
-
761
-
unemployment
58
-
138
-
total
651
-
1 556
-
Corporate
204 460
208 000
-
-
income
44 981
45 760
-
-
total
44 981
45 760
-
-
Dividends
159 479
162 240
-
-
withholding
31 896
32 448
-
-
total
31 896
32 448
-
-
Income
208 000
208 000
208 000
208 000
Total tax
78 520
78 208
74 048
73 914
After tax
129 480
129 792
133 952
134 086
Living cost
1 897
1 897
1 897
1 897
Free-cash
127 583
127 895
132 055
132 189

Estimated living cost  is ₽1897 per week

₽1127
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽43
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽572
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽134035
₽117437
₽117438
₽129410
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
208 000
income
-
-
-
48 076
unemployment
-
-
-
1 041
health
-
-
-
7 150
pensions
-
-
-
18 050
total
-
-
-
74 317
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.

24 497
-
195 574
-
unemployment
184
-
521
-
pensions
3 430
-
9 719
-
income
3 377
-
48 076
-
health
1 262
-
3 575
-
total
8 253
-
61 891
-
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.

24 497
-
195 574
-
health
1 262
-
3 575
-
pensions
2 940
-
8 331
-
unemployment
184
-
521
-
total
4 386
-
12 427
-
Corporate
179 118
208 000
-
-
income
26 868
31 200
-
-
total
26 868
31 200
-
-
Dividends
152 251
176 800
-
-
withholding
22 838
26 520
-
-
total
22 838
26 520
-
-
Income
208 000
208 000
208 000
208 000
Total tax
62 345
57 720
74 318
74 317
After tax
145 655
150 280
133 682
133 683
Living cost
16 245
16 245
16 245
16 245
Free-cash
129 410
134 035
117 437
117 438

Estimated living cost  is ₽16245 per week

₽10938
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1257
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽470
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3581
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93000
₽67224
₽83348
₽92660
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
208 000
income
-
-
-
27 061
surtax
-
-
-
-
social contributions

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

-
-
-
72 280
total
-
-
-
99 341
Employee
36 440
-
168 081
-
surtax
-
-
176
-
social contributions
4 009
-
18 489
-
income
7 120
-
56 881
-
total
11 129
-
75 546
-
Employer
36 440
-
168 081
-
social contributions
8 654
-
39 919
-
total
8 654
-
39 919
-
Corporate
162 906
208 000
-
-
income
34 210
43 680
-
-
surtax
-
-
-
-
total
34 210
43 680
-
-
Dividends
128 696
164 320
-
-
withholding
36 035
46 009
-
-
total
36 035
46 009
-
-
Income
208 000
208 000
208 000
208 000
Total tax
90 028
89 689
115 465
99 341
After tax
117 972
118 311
92 535
108 659
Living cost
25 312
25 312
25 312
25 312
Free-cash
92 660
93 000
67 224
83 348

Estimated living cost  is ₽25312 per week

₽17927
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1759
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.
₽5178
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽105137
₽79316
₽83257
₽98992
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
208 000
accident
-
-
-
784
income
-
-
-
65 640
other
-
-
-
87
unemployment
-
-
-
609
pensions
-
-
-
24 627
total
-
-
-
91 747
Employee
45 344
-
180 257
-
other
45
-
87
-
unemployment
702
-
1 349
-
pensions
2 131
-
4 091
-
income
9 471
-
62 417
-
total
12 349
-
67 944
-
Employer
45 344
-
180 257
-
pensions
10 701
-
20 538
-
accident
898
-
1 723
-
unemployment
2 494
-
4 786
-
other
363
-
697
-
total
14 456
-
27 744
-
Corporate
148 200
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.

22 230
31 199
-
-
total
22 230
31 199
-
-
Dividends
125 969
176 801
-
-
withholding
26 977
38 668
-
-
total
26 977
38 668
-
-
Income
208 000
208 000
208 000
208 000
Total tax
76 012
69 867
95 688
91 747
After tax
131 988
138 133
112 312
116 253
Living cost
32 996
32 996
32 996
32 996
Free-cash
98 992
105 137
79 316
83 257

Estimated living cost  is ₽32996 per week

₽23697
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2566
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6270
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽161689
₽160507
₽151892
₽155966
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
208 000
income
-
-
-
31 200
unemployment
-
-
-
131
health
-
-
-
3 772
pensions

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

-
-
-
4 854
total
-
-
-
39 957
Employee
21 387
-
201 566
-
accident

We are using the highest rate at 1.1%.

235
-
361
-
pensions

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

1 878
-
2 880
-
income
2 139
-
20 157
-
health
984
-
1 509
-
total
5 236
-
24 907
-
Employer
21 387
-
201 566
-
health
1 476
-
2 263
-
pensions

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

2 357
-
3 614
-
accident

We are using the highest rate at 1.1%.

235
-
361
-
unemployment
128
-
197
-
total
4 196
-
6 435
-
Corporate
182 417
208 000
-
-
income
18 242
20 800
-
-
total
18 242
20 800
-
-
Dividends
164 175
187 200
-
-
withholding
8 209
9 360
-
-
total
8 209
9 360
-
-
Income
208 000
208 000
208 000
208 000
Total tax
35 883
30 160
31 342
39 957
After tax
172 117
177 840
176 658
168 043
Living cost
16 151
16 151
16 151
16 151
Free-cash
155 966
161 689
160 507
151 892

Estimated living cost  is ₽16151 per week

₽10682
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽925
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽385
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4160
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70729
₽92520
₽68936
₽83011
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
208 000
income

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

-
-
-
69 021
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.

-
-
-
3 797
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.

-
-
-
6 414
trade
-
-
-
23 584
total
-
-
-
102 816
Employee

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

46 715
-
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.

212
-
3 797
-
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.

3 841
-
69 021
-
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.

6 414
-
6 414
-
total
10 467
-
79 232
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
161 285
208 000
-
-
income
24 192
31 199
-
-
surtax

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

1 331
1 716
-
-
chamber of commerce
380
447
-
-
trade
23 144
29 849
-
-
total
49 047
63 211
-
-
Dividends
112 238
144 789
-
-
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.

1 523
1 971
-
-
withholding
27 704
35 841
-
-
total
29 227
37 812
-
-
Income
208 000
208 000
208 000
208 000
Total tax
88 741
101 023
79 232
102 816
After tax
119 259
106 977
128 768
105 184
Living cost
36 248
36 248
36 248
36 248
Free-cash
83 011
70 729
92 520
68 936

Estimated living cost  is ₽36248 per week

₽25004
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3900
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽526
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6817
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92117
₽51147
₽51147
₽94190
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
208 000
income
-
-
-
67 681
social contributions
-
-
-
35 689
total
-
-
-
103 370
Employee
73 441
-
208 000
-
income
13 858
-
67 681
-
social contributions
6 101
-
35 689
-
total
19 959
-
103 370
-
Employer
73 441
-
208 000
-
total
-
-
-
-
Corporate
134 559
208 000
-
-
income
16 819
26 000
-
-
total
16 819
26 000
-
-
Dividends
117 740
182 000
-
-
withholding
23 549
36 400
-
-
total
23 549
36 400
-
-
Income
208 000
208 000
208 000
208 000
Total tax
60 327
62 400
103 370
103 370
After tax
147 673
145 600
104 630
104 630
Living cost
53 483
53 483
53 483
53 483
Free-cash
94 190
92 117
51 147
51 147

Estimated living cost  is ₽53483 per week

₽40689
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4358
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.
₽7925
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96158
₽111209
₽137039
₽99441
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

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

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

-
-
-
5 680
total
-
-
-
36 879
Employee
43 070
-
203 681
-
income
4 673
-
54 071
-
social contributions
4 315
-
4 319
-
total
8 988
-
58 390
-
Employer
43 070
-
203 681
-
social contributions
4 315
-
4 319
-
total
4 315
-
4 319
-
Corporate
160 615
208 000
-
-
income
56 214
72 800
-
-
total
56 214
72 800
-
-
Dividends
104 400
135 200
-
-
social contributions
4 960
4 960
-
-
total
4 960
4 960
-
-
Income
208 000
208 000
208 000
208 000
Total tax
74 477
77 760
62 709
36 879
After tax
133 523
130 240
145 291
171 121
Living cost
34 082
34 082
34 082
34 082
Free-cash
99 441
96 158
111 209
137 039

Estimated living cost  is ₽34082 per week

₽22449
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2687
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8422
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96627
₽81187
₽99781
₽102205
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
63 914
pensions
-
-
-
9 317
total
-
-
-
73 231
Employee
48 026
-
181 310
-
pensions
3 666
-
11 151
-
income
8 746
-
51 519
-
health
626
-
2 465
-
total
13 038
-
65 135
-
Employer
48 026
-
181 310
-
health
913
-
3 446
-
pensions
4 852
-
23 244
-
total
5 765
-
26 690
-
Corporate
154 209
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.

29 300
39 521
-
-
total
29 300
39 521
-
-
Dividends
124 909
168 479
-
-
withholding
22 704
36 864
-
-
total
22 704
36 864
-
-
Income
208 000
208 000
208 000
208 000
Total tax
70 807
76 385
91 825
73 231
After tax
137 193
131 615
116 175
134 769
Living cost
34 988
34 988
34 988
34 988
Free-cash
102 205
96 627
81 187
99 781

Estimated living cost  is ₽34988 per week

₽24001
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3217
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽438
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7329
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽5816
₽91737
₽119379
₽13373
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
208 000
accident
-
-
-
240
income
-
-
-
59 330
other
-
-
-
353
health
-
-
-
2 075
pensions
-
-
-
3 959
total
-
-
-
65 957
Employee
35 652
-
189 703
-
pensions
4 014
-
7 259
-
income
4 891
-
46 321
-
health
4 082
-
21 721
-
total
12 987
-
75 301
-
Employer
35 652
-
189 703
-
pensions
5 797
-
10 482
-
accident
595
-
3 168
-
unemployment
873
-
4 648
-
total
7 265
-
18 298
-
Corporate
165 083
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.

148 575
187 200
-
-
total
148 575
187 200
-
-
Dividends
16 508
20 800
-
-
withholding
3 136
3 952
-
-
total
3 136
3 952
-
-
Income
208 000
208 000
208 000
208 000
Total tax
171 963
191 152
93 599
65 957
After tax
36 037
16 848
114 401
142 043
Living cost
22 664
22 664
22 664
22 664
Free-cash
13 373
-5 816
91 737
119 379

Estimated living cost  is ₽22664 per week

₽16633
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1321
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.
₽4254
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽146433
₽139721
₽119070
₽143591
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
208 000
income
-
-
-
34 938
unemployment
-
-
-
1 802
work injury
-
-
-
751
health insurance
-
-
-
11 115
pensions
-
-
-
27 637
total
-
-
-
76 243
Employee

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

20 298
-
208 000
-
health insurance
1 502
-
5 558
-
unemployment
244
-
901
-
work injury
101
-
376
-
pensions
3 735
-
13 819
-
income
2 030
-
34 938
-
total
7 612
-
55 592
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
187 702
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%.

18 770
20 800
-
-
total
18 770
20 800
-
-
Dividends
168 931
187 200
-
-
withholding
25 340
28 080
-
-
total
25 340
28 080
-
-
Income
208 000
208 000
208 000
208 000
Total tax
51 722
48 880
55 592
76 243
After tax
156 278
159 120
152 408
131 757
Living cost
12 687
12 687
12 687
12 687
Free-cash
143 591
146 433
139 721
119 070

Estimated living cost  is ₽12687 per week

₽7860
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽922
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽396
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3509
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72157
₽52332
₽60045
₽67887
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
46 991
regional
-
-
-
5 048
municipal
-
-
-
1 449
national
-
-
-
57 064
total
-
-
-
110 552
Employee
79 116
-
208 000
-
municipal
472
-
1 317
-
national
13 370
-
50 780
-
regional
1 194
-
4 562
-
social contributions
26 677
-
61 606
-
total
41 713
-
118 265
-
Employer
79 116
-
208 000
-
total
-
-
-
-
Corporate
128 884
208 000
-
-
municipal
6 213
10 026
-
-
nationa
30 932
49 920
-
-
total
37 145
59 946
-
-
Dividends
91 739
148 055
-
-
withholding
23 852
38 494
-
-
total
23 852
38 494
-
-
Income
208 000
208 000
208 000
208 000
Total tax
102 710
98 440
118 265
110 552
After tax
105 290
109 560
89 735
97 448
Living cost
37 403
37 403
37 403
37 403
Free-cash
67 887
72 157
52 332
60 045

Estimated living cost  is ₽37403 per week

₽26273
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2573
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7991
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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