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
₽74291
₽85455
₽73798
₽99169
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
208 000
trade
-
-
-
25 371
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.

-
-
-
67 649
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.

-
-
-
6 894
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.

-
-
-
3 721
total
-
-
-
103 635
Employee

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

38 599
-
208 000
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 894
-
6 894
-
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.

59
-
3 721
-
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.

1 078
-
67 649
-
total
8 031
-
78 264
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
169 401
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.

1 398
1 716
-
-
income
25 409
31 201
-
-
trade
26 681
32 759
-
-
chamber of commerce
396
452
-
-
total
53 884
66 128
-
-
Dividends
115 516
141 872
-
-
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.

1 567
1 930
-
-
withholding
28 496
35 084
-
-
total
30 063
37 014
-
-
Income
208 000
208 000
208 000
208 000
Total tax
91 978
103 142
78 264
103 635
After tax
116 022
104 858
129 736
104 365
Living cost
30 567
30 567
30 567
30 567
Free-cash
85 455
74 291
99 169
73 798

Estimated living cost  is ₽30567 per week

₽19227
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3564
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7205
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78798
₽77950
₽68822
₽69938
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
208 000
municipal
-
-
-
23 004
pensions
-
-
-
24 960
national
-
-
-
37 984
social contributions
-
-
-
2 236
total
-
-
-
88 184
Employee
79 050
-
179 814
-
municipal
9 764
-
23 810
-
pensions
3 162
-
7 193
-
national
15 130
-
39 747
-
total
28 056
-
70 750
-
Employer
79 050
-
179 814
-
social contributions
850
-
1 933
-
pensions
6 324
-
14 385
-
total
7 174
-
16 318
-
Corporate
116 559
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%.

23 312
41 600
-
-
total
23 312
41 600
-
-
Dividends
93 247
166 400
-
-
withholding
20 514
36 608
-
-
total
20 514
36 608
-
-
Income
208 000
208 000
208 000
208 000
Total tax
79 056
78 208
87 068
88 184
After tax
128 944
129 792
120 932
119 816
Living cost
50 994
50 994
50 994
50 994
Free-cash
77 950
78 798
69 938
68 822

Estimated living cost  is ₽50994 per week

₽34660
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4740
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽763
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10830
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽145405
₽137127
₽53380
₽68438
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
208 000
microenterprise
-
-
-
-
income
-
-
-
41 919
surtax
-
-
-
53 040
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.

-
-
-
38 666
total
-
-
-
133 625
Employee
29 488
-
161 285
-
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.

3 244
-
13 229
-
surtax
-
-
23 387
-
income
5 249
-
35 237
-
total
8 493
-
71 853
-
Employer
29 488
-
161 285
-
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.

7 103
-
28 973
-
surtax
-
-
17 741
-
total
7 103
-
46 714
-
Corporate
171 409
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%.

34 282
41 600
-
-
total
34 282
41 600
-
-
Dividends

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

137 127
166 400
-
-
total
-
-
-
-
Income
208 000
208 000
208 000
208 000
Total tax
49 878
41 600
118 567
133 625
After tax
158 122
166 400
89 433
74 375
Living cost
20 995
20 995
20 995
20 995
Free-cash
137 127
145 405
68 438
53 380

Estimated living cost  is ₽20995 per week

₽13394
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1999
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.
₽5125
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61156
₽54973
₽70454
₽90785
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
71 003
pensions
-
-
-
11 824
health
-
-
-
12 444
total
-
-
-
95 271
Employee
86 179
86 179
189 246
-
health
13 228
11 251
12 444
-
income

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

14 106
14 106
31 918
-
pensions
15 512
11 824
11 824
-
total
42 846
37 181
56 186
-
Employer
86 179
86 179
189 246
-
unemployment
3 102
3 102
3 855
-
pensions
5 998
5 998
7 455
-
health
5 990
5 990
7 444
-
total
15 090
15 090
18 754
-
Corporate
107 787
106 730
-
-
income
21 558
21 346
-
-
total
21 558
21 346
-
-
Dividends
86 229
85 385
-
-
income
18 324
18 144
-
-
withholding
12 934
12 808
-
-
total
31 258
30 952
-
-
Income
208 000
208 000
208 000
208 000
Total tax
110 752
104 569
74 940
95 271
After tax
97 248
103 431
133 060
112 729
Living cost
42 276
42 276
42 276
42 276
Free-cash
54 973
61 156
90 785
70 454

Estimated living cost  is ₽42276 per week

₽29960
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3811
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽672
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7833
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74578
₽73702
₽65604
₽64658
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
208 000
municipal
-
-
-
54 643
accident
-
-
-
171
pensions
-
-
-
9 237
other
-
-
-
9 930
unemployment
-
-
-
86
health
-
-
-
5 332
national
-
-
-
24 007
total
-
-
-
103 406
Employee
55 558
-
181 151
-
municipal
16 567
-
54 019
-
national
-
-
23 484
-
total
16 567
-
77 503
-
Employer
55 558
-
181 151
-
accident
111
-
171
-
other
6 456
-
9 930
-
unemployment
1 467
-
2 256
-
pensions
6 006
-
9 237
-
health
3 417
-
5 255
-
total
17 457
-
26 849
-
Corporate
134 986
208 000
-
-
income
29 697
45 760
-
-
total
29 697
45 760
-
-
Dividends
105 289
162 240
-
-
withholding
31 587
48 672
-
-
total
31 587
48 672
-
-
Income
208 000
208 000
208 000
208 000
Total tax
95 308
94 432
104 352
103 406
After tax
112 692
113 568
103 648
104 594
Living cost
38 990
38 990
38 990
38 990
Free-cash
73 702
74 578
64 658
65 604

Estimated living cost  is ₽38990 per week

₽25841
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3826
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8731
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64144
₽78325
₽63595
₽90092
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
208 000
trade
-
-
-
26 497
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.

-
-
-
67 649
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.

-
-
-
6 894
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.

-
-
-
3 721
total
-
-
-
104 761
Employee

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

51 177
-
208 000
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 894
-
6 894
-
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.

241
-
3 721
-
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.

4 397
-
67 649
-
total
11 532
-
78 264
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
156 823
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.

1 295
1 716
-
-
income
23 523
31 201
-
-
trade
25 798
34 217
-
-
chamber of commerce
375
448
-
-
total
50 991
67 582
-
-
Dividends
105 832
140 418
-
-
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.

1 434
1 909
-
-
withholding
26 074
34 721
-
-
total
27 508
36 630
-
-
Income
208 000
208 000
208 000
208 000
Total tax
90 031
104 212
78 264
104 761
After tax
117 969
103 788
129 736
103 239
Living cost
39 644
39 644
39 644
39 644
Free-cash
78 325
64 144
90 092
63 595

Estimated living cost  is ₽39644 per week

₽26514
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4181
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8357
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽118909
₽114722
₽107922
₽106174
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
45 713
health
-
-
-
5 305
social contributions
-
-
-
16 328
total
-
-
-
67 346
Employee
77 600
77 600
195 694
-
social contributions
3 771
6 440
8 687
-
health
772
1 319
3 327
-
income
8 149
7 183
44 773
-
total
12 692
14 942
56 787
-
Employer
77 600
77 600
195 694
-
social contributions
3 771
6 440
8 687
-
health
841
1 436
3 620
-
total
4 612
7 876
12 307
-
Corporate
157 965
122 523
-
-
income
19 746
15 315
-
-
total
19 746
15 315
-
-
Dividends
138 218
107 208
-
-
withholding
23 496
18 226
-
-
total
23 496
18 226
-
-
Income
208 000
208 000
208 000
208 000
Total tax
60 546
56 359
69 094
67 346
After tax
147 454
151 641
138 906
140 654
Living cost
32 732
32 732
32 732
32 732
Free-cash
114 722
118 909
106 174
107 922

Estimated living cost  is ₽32732 per week

₽22376
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2557
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7251
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98444
₽98825
₽125755
₽102242
S + D Salary + Dividends

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

Dividends

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

Salary

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

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

The minimum wage is 138,000 HUF per month.

26 470
10 535
174 059
-
health
1 853
737
12 184
-
income
3 236
1 288
21 279
-
pensions
2 647
1 053
17 406
-
unemployment
397
158
2 611
-
total
8 133
3 236
53 480
-
Employer

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

The minimum wage is 138,000 HUF per month.

26 470
10 535
174 059
-
pensions
5 162
2 054
33 941
-
total
5 162
2 054
33 941
-
Corporate
176 369
195 411
-
-
income
15 873
17 587
-
-
total
15 873
17 587
-
-
Dividends
160 496
177 824
-
-
social contributions
31 176
34 555
-
-
withholding
30 494
33 787
-
-
total
61 670
68 342
-
-
Income
208 000
208 000
208 000
208 000
Total tax
90 838
91 219
87 421
63 908
After tax
117 162
116 781
120 579
144 092
Living cost
18 337
18 337
18 337
18 337
Free-cash
98 825
98 444
102 242
125 755

Estimated living cost  is ₽18337 per week

₽12513
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1500
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽366
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3957
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽142025
₽135755
₽87114
₽95514
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
208 000
income
-
-
-
27 872
pensions
-
-
-
41 600
health
-
-
-
27 039
total
-
-
-
96 511
Employee
28 629
-
155 456
-
income
3 223
-
29 971
-
pensions
573
-
3 108
-
unemployment
458
-
2 488
-
total
4 254
-
35 567
-
Employer
28 629
-
155 456
-
unemployment
230
-
1 243
-
pensions
5 726
-
31 091
-
health
3 721
-
20 210
-
total
9 677
-
52 544
-
Corporate
169 695
208 000
-
-
income
33 939
41 600
-
-
total
33 939
41 600
-
-
Dividends
135 755
166 400
-
-
total
-
-
-
-
Income
208 000
208 000
208 000
208 000
Total tax
47 870
41 600
88 111
96 511
After tax
160 130
166 400
119 889
111 489
Living cost
24 375
24 375
24 375
24 375
Free-cash
135 755
142 025
95 514
87 114

Estimated living cost  is ₽24375 per week

₽16719
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1452
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.
₽5715
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5221
₽13462
₽120007
₽92013
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
253
income
-
-
-
58 937
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
65 924
Employee
34 715
-
189 155
-
health
3 975
-
21 658
-
income
4 763
-
45 762
-
pensions
3 909
-
7 653
-
total
12 647
-
75 073
-
Employer
34 715
-
189 155
-
accident
580
-
3 159
-
unemployment
850
-
4 634
-
pensions
5 645
-
11 052
-
total
7 075
-
18 845
-
Corporate
166 210
208 000
-
-
income

From 1 January 2017, a lowered corporate income tax rate of 9% was introduced for so-called 'small taxpayers' - entities with turnover not exceeding the equivalent of €1.2 million and for taxpayers starting business activity, during their previous tax year.

149 589
187 200
-
-
total
149 589
187 200
-
-
Dividends
16 621
20 800
-
-
withholding
3 158
3 952
-
-
total
3 158
3 952
-
-
Income
208 000
208 000
208 000
208 000
Total tax
172 469
191 152
93 918
65 924
After tax
35 531
16 848
114 082
142 076
Living cost
22 069
22 069
22 069
22 069
Free-cash
13 462
-5 221
92 013
120 007

Estimated living cost  is ₽22069 per week

₽16174
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4211
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽188521
₽186819
₽196841
₽157321
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
11 349
-
208 000
-
income
2 269
-
41 600
-
total
2 269
-
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%.

196 651
208 000
-
-
total
-
-
-
-
Dividends
196 651
208 000
-
-
withholding
9 833
10 400
-
-
total
9 833
10 400
-
-
Income
208 000
208 000
208 000
208 000
Total tax
12 102
10 400
41 600
2 080
After tax
195 898
197 600
166 400
205 920
Living cost
9 079
9 079
9 079
9 079
Free-cash
186 819
188 521
157 321
196 841

Estimated living cost  is ₽9079 per week

₽5627
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽755
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽250
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2448
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽125929
₽119113
₽95225
₽93463
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
208 000
income
-
-
-
35 012
pensions

Participation in the individual account program is voluntary (6% of an income). The decision to contribute to an individual account must be made before the age of 35 and cannot be reversed.

-
-
-
36 831
other
-
-
-
7 289
health
-
-
-
6 753
total
-
-
-
85 885
Employee
36 642
-
169 202
-
health
513
-
2 149
-
income
6 308
-
34 424
-
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.

2 564
-
10 742
-
unemployment
366
-
1 534
-
total
9 751
-
48 849
-
Employer
36 642
-
169 202
-
accident
293
-
1 354
-
other
1 833
-
7 672
-
unemployment
366
-
1 534
-
pensions

Participation in the individual account program is voluntary (6% of an income). The decision to contribute to an individual account must be made before the age of 35 and cannot be reversed.

6 230
-
26 089
-
health
513
-
2 149
-
total
9 235
-
38 798
-
Corporate
162 124
208 000
-
-
income
34 046
43 679
-
-
total
34 046
43 679
-
-
Dividends
128 077
164 321
-
-
withholding
8 965
11 502
-
-
total
8 965
11 502
-
-
Income
208 000
208 000
208 000
208 000
Total tax
61 997
55 181
87 647
85 885
After tax
146 003
152 819
120 353
122 115
Living cost
26 890
26 890
26 890
26 890
Free-cash
119 113
125 929
93 463
95 225

Estimated living cost  is ₽26890 per week

₽19000
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1816
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.
₽5642
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65233
₽73387
₽67976
₽49314
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
62 592
pensions
-
-
-
9 705
total
-
-
-
72 297
Employee
95 823
-
181 425
-
health
1 579
-
2 516
-
income
17 273
-
50 149
-
pensions
9 244
-
11 718
-
total
28 096
-
64 383
-
Employer
95 823
-
181 425
-
pensions
11 314
-
23 128
-
health
1 820
-
3 448
-
total
13 134
-
26 576
-
Corporate
99 043
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.

18 819
39 520
-
-
total
18 819
39 520
-
-
Dividends
80 224
168 480
-
-
withholding
6 837
35 520
-
-
total
6 837
35 520
-
-
Income
208 000
208 000
208 000
208 000
Total tax
66 886
75 040
90 959
72 297
After tax
141 114
132 960
117 041
135 703
Living cost
67 727
67 727
67 727
67 727
Free-cash
73 387
65 233
49 314
67 976

Estimated living cost  is ₽67727 per week

₽50749
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7957
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.
₽8470
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽164601
₽159911
₽154144
₽162625
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
40 617
Employee
17 531
-
201 080
-
health
806
-
1 622
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
income
1 753
-
20 108
-
pensions

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

1 539
-
3 097
-
total
4 291
-
25 215
-
Employer
17 531
-
201 080
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
unemployment
105
-
212
-
pensions

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

1 932
-
3 887
-
health
1 210
-
2 434
-
total
3 440
-
6 921
-
Corporate
187 029
208 000
-
-
income
18 703
20 800
-
-
total
18 703
20 800
-
-
Dividends
168 327
187 200
-
-
withholding
8 416
9 360
-
-
total
8 416
9 360
-
-
Income
208 000
208 000
208 000
208 000
Total tax
34 850
30 160
32 136
40 617
After tax
173 150
177 840
175 864
167 383
Living cost
13 239
13 239
13 239
13 239
Free-cash
159 911
164 601
162 625
154 144

Estimated living cost  is ₽13239 per week

₽7729
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽945
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽351
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4214
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47471
₽50011
₽56769
₽77100
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
71 003
pensions
-
-
-
11 824
health
-
-
-
12 444
total
-
-
-
95 271
Employee
93 563
86 179
189 246
-
health
11 672
11 251
12 444
-
income

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

14 106
14 106
31 918
-
pensions
11 824
11 824
11 824
-
total
37 602
37 181
56 186
-
Employer
93 563
86 179
189 246
-
unemployment
3 369
3 102
3 855
-
pensions
6 511
5 998
7 455
-
health
6 502
5 990
7 444
-
total
16 382
15 090
18 754
-
Corporate
98 056
106 730
-
-
income
19 610
21 346
-
-
total
19 610
21 346
-
-
Dividends
78 445
85 385
-
-
income
16 669
18 144
-
-
withholding
11 766
12 808
-
-
total
28 435
30 952
-
-
Income
208 000
208 000
208 000
208 000
Total tax
102 029
104 569
74 940
95 271
After tax
105 971
103 431
133 060
112 729
Living cost
55 960
55 960
55 960
55 960
Free-cash
50 011
47 471
77 100
56 769

Estimated living cost  is ₽55960 per week

₽41280
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4998
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽642
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9041
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽119038
₽110416
₽97378
₽88446
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
208 000
income
-
-
-
21 771
health
-
-
-
28 080
solidarity contribution
-
-
-
1 822
social contributions
-
-
-
34 779
total
-
-
-
86 452
Employee
35 544
-
163 507
-
social contributions
2 310
-
7 742
-
health
4 798
-
22 074
-
solidarity contribution
-
-
1 021
-
income
4 265
-
20 054
-
total
11 373
-
50 891
-
Employer
35 544
-
163 507
-
social contributions
8 886
-
29 777
-
health
3 199
-
14 716
-
total
12 085
-
44 493
-
Corporate
160 371
208 000
-
-
income
30 471
39 520
-
-
total
30 471
39 520
-
-
Dividends
129 901
168 480
-
-
withholding
19 485
25 272
-
-
total
19 485
25 272
-
-
Income
208 000
208 000
208 000
208 000
Total tax
73 414
64 792
95 384
86 452
After tax
134 586
143 208
112 616
121 548
Living cost
24 170
24 170
24 170
24 170
Free-cash
110 416
119 038
88 446
97 378

Estimated living cost  is ₽24170 per week

₽16789
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1719
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5186
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68393
₽63125
₽56467
₽47876
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
208 000
municipal
-
-
-
1 260
regional
-
-
-
2 540
national
-
-
-
54 641
social contributions
-
-
-
50 509
total
-
-
-
108 950
Employee
89 689
-
208 000
-
social contributions
30 243
-
66 218
-
regional
846
-
2 266
-
municipal
475
-
1 134
-
national
15 541
-
47 923
-
total
47 105
-
117 541
-
Employer
89 689
-
208 000
-
total
-
-
-
-
Corporate
118 311
208 000
-
-
nationa
28 395
49 921
-
-
municipal
4 613
8 112
-
-
total
33 008
58 033
-
-
Dividends
85 303
149 967
-
-
withholding
22 179
38 991
-
-
total
22 179
38 991
-
-
Income
208 000
208 000
208 000
208 000
Total tax
102 292
97 024
117 541
108 950
After tax
105 708
110 976
90 459
99 050
Living cost
42 583
42 583
42 583
42 583
Free-cash
63 125
68 393
47 876
56 467

Estimated living cost  is ₽42583 per week

₽29684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2792
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽653
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9453
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽108563
₽105424
₽75759
₽69588
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
62 901
pensions
-
-
-
26 938
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
9 562
surtax
-
-
-
10 341
total
-
-
-
109 972
Employee
33 373
-
179 649
-
other
-
-
-
-
health
852
-
3 434
-
surtax
109
-
9 135
-
income
5 594
-
56 865
-
pensions
2 225
-
8 984
-
unemployment
2 323
-
9 374
-
total
11 103
-
87 792
-
Employer
33 373
-
179 649
-
other
-
-
-
-
unemployment
1 057
-
4 269
-
pensions
4 449
-
17 954
-
health
1 519
-
6 128
-
total
7 025
-
28 351
-
Corporate
167 603
208 000
-
-
income
43 576
54 080
-
-
total
43 576
54 080
-
-
Dividends
124 027
153 920
-
-
withholding
18 603
23 088
-
-
total
18 603
23 088
-
-
Income
208 000
208 000
208 000
208 000
Total tax
80 307
77 168
116 143
109 972
After tax
127 693
130 832
91 857
98 028
Living cost
22 269
22 269
22 269
22 269
Free-cash
105 424
108 563
69 588
75 759

Estimated living cost  is ₽22269 per week

₽13616
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2055
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6084
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86691
₽93379
₽89434
₽70772
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
62 592
pensions
-
-
-
9 705
total
-
-
-
72 297
Employee
64 218
-
181 425
-
health
932
-
2 516
-
income
11 566
-
50 149
-
pensions
5 451
-
11 718
-
total
17 949
-
64 383
-
Employer
64 218
-
181 425
-
pensions
6 952
-
23 128
-
health
1 220
-
3 448
-
total
8 172
-
26 576
-
Corporate
135 610
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.

25 766
39 520
-
-
total
25 766
39 520
-
-
Dividends
109 844
168 480
-
-
withholding
16 465
35 520
-
-
total
16 465
35 520
-
-
Income
208 000
208 000
208 000
208 000
Total tax
68 352
75 040
90 959
72 297
After tax
139 648
132 960
117 041
135 703
Living cost
46 269
46 269
46 269
46 269
Free-cash
93 379
86 691
70 772
89 434

Estimated living cost  is ₽46269 per week

₽34665
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3468
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and 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

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
₽18840
₽51474
₽89625
₽81387
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
208 000
city
-
-
-
2 192
pensions
-
-
-
19 137
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
-
-
-
11 284
health
-
-
-
468
national
-
-
-
4 860
total
-
-
-
42 102
Employee
89 259
-
186 831
-
city
958
-
2 016
-
regional
2 923
-
9 950
-
health
202
-
421
-
pensions
7 499
-
14 957
-
unemployment
-
-
-
-
national
422
-
3 882
-
total
12 004
-
31 226
-
Employer
89 259
-
186 831
-
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.

1 785
-
3 736
-
unemployment
-
-
-
-
pensions
7 499
-
14 957
-
health
202
-
421
-
total
9 486
-
19 114
-
Corporate
108 275
208 000
-
-
regional
22 900
43 992
-
-
national
9 203
17 680
-
-
total
32 103
61 672
-
-
Dividends
76 171
146 328
-
-
withholding
26 660
51 215
-
-
total
26 660
51 215
-
-
Income
208 000
208 000
208 000
208 000
Total tax
80 253
112 887
50 340
42 102
After tax
127 747
95 113
157 660
165 898
Living cost
76 273
76 273
76 273
76 273
Free-cash
51 474
18 840
81 387
89 625

Estimated living cost  is ₽76273 per week

₽49599
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6845
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽936
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18892
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽56486
₽72855
₽55881
₽83506
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
208 000
trade
-
-
-
27 625
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.

-
-
-
67 649
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.

-
-
-
6 894
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.

-
-
-
3 721
total
-
-
-
105 889
Employee

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

60 649
-
208 000
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 894
-
6 894
-
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.

393
-
3 721
-
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.

7 132
-
67 649
-
total
14 419
-
78 264
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
147 351
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.

1 216
1 716
-
-
income
22 102
31 201
-
-
trade
25 271
35 672
-
-
chamber of commerce
360
446
-
-
total
48 949
69 035
-
-
Dividends
98 401
138 965
-
-
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
1 890
-
-
withholding
24 216
34 359
-
-
total
25 547
36 249
-
-
Income
208 000
208 000
208 000
208 000
Total tax
88 915
105 284
78 264
105 889
After tax
119 085
102 716
129 736
102 111
Living cost
46 230
46 230
46 230
46 230
Free-cash
72 855
56 486
83 506
55 881

Estimated living cost  is ₽46230 per week

₽33765
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3698
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽601
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8168
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70305
₽76269
₽80942
₽76054
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
36 210
pensions
-
-
-
34 208
other
-
-
-
6 448
health
-
-
-
9 738
surtax
-
-
-
-
social contributions
-
-
-
5 927
total
-
-
-
92 531
Employee
43 191
-
159 487
-
social contributions
1 231
-
4 545
-
surtax
-
-
-
-
income
2 549
-
32 650
-
pensions
4 883
-
11 709
-
total
8 663
-
48 904
-
Employer
43 191
-
159 487
-
other
1 490
-
6 485
-
social contributions
130
-
479
-
unemployment
1 748
-
6 460
-
pensions
7 095
-
19 602
-
health
3 024
-
15 489
-
total
13 487
-
48 515
-
Corporate
151 321
208 000
-
-
surtax
-
-
-
-
income
42 369
58 240
-
-
total
42 369
58 240
-
-
Dividends
108 952
149 760
-
-
surtax
-
-
-
-
social contributions
18 739
25 758
-
-
withholding
13 946
19 170
-
-
total
32 685
44 928
-
-
Income
208 000
208 000
208 000
208 000
Total tax
97 204
103 168
97 419
92 531
After tax
110 796
104 832
110 581
115 469
Living cost
34 527
34 527
34 527
34 527
Free-cash
76 269
70 305
76 054
80 942

Estimated living cost  is ₽34527 per week

₽21771
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2808
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽588
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9363
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73726
₽79333
₽84363
₽79475
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
36 210
pensions
-
-
-
34 208
other
-
-
-
6 448
health
-
-
-
9 738
surtax
-
-
-
-
social contributions
-
-
-
5 927
total
-
-
-
92 531
Employee
38 554
-
159 487
-
social contributions
1 099
-
4 545
-
surtax
-
-
-
-
income
1 988
-
32 650
-
pensions
4 361
-
11 709
-
total
7 448
-
48 904
-
Employer
38 554
-
159 487
-
other
1 331
-
6 485
-
social contributions
115
-
479
-
unemployment
1 561
-
6 460
-
pensions
6 335
-
19 602
-
health
2 698
-
15 489
-
total
12 040
-
48 515
-
Corporate
157 406
208 000
-
-
surtax
-
-
-
-
income
44 074
58 240
-
-
total
44 074
58 240
-
-
Dividends
113 332
149 760
-
-
surtax
-
-
-
-
social contributions
19 492
25 758
-
-
withholding
14 507
19 170
-
-
total
33 999
44 928
-
-
Income
208 000
208 000
208 000
208 000
Total tax
97 561
103 168
97 419
92 531
After tax
110 439
104 832
110 581
115 469
Living cost
31 106
31 106
31 106
31 106
Free-cash
79 333
73 726
79 475
84 363

Estimated living cost  is ₽31106 per week

₽18040
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3160
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9317
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽105499
₽106023
₽112179
₽107003
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
31 201
health
-
-
-
14 518
social contributions
-
-
-
28 703
total
-
-
-
74 422
Employee
34 217
-
208 000
-
social contributions
4 723
-
28 703
-
health
2 388
-
14 518
-
income
5 707
-
36 377
-
total
12 818
-
79 598
-
Employer
34 217
-
208 000
-
total
-
-
-
-
Corporate
173 783
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%.

8 689
10 401
-
-
total
8 689
10 401
-
-
Dividends
165 094
197 599
-
-
health
11 523
13 792
-
-
social contributions
22 784
27 269
-
-
withholding
24 764
29 640
-
-
total
59 071
70 701
-
-
Income
208 000
208 000
208 000
208 000
Total tax
80 578
81 102
79 598
74 422
After tax
127 422
126 898
128 402
133 578
Living cost
21 399
21 399
21 399
21 399
Free-cash
106 023
105 499
107 003
112 179

Estimated living cost  is ₽21399 per week

₽14321
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1319
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.
₽5265
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79237
₽77677
₽71280
₽19170
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
208 000
chamber of commerce
-
-
-
831
income
-
-
-
63 112
pensions
-
-
-
21 811
unemployment
-
-
-
6 190
health
-
-
-
9 018
surtax
-
-
-
199
total
-
-
-
101 161
Employee
50 434
40 217
170 064
-
other
504
402
1 180
-
health
1 951
1 557
4 562
-
income
5 741
2 966
52 424
-
pensions
5 165
4 117
12 073
-
unemployment
1 513
1 207
3 537
-
total
14 874
10 249
73 776
-
Employer
50 434
40 217
170 064
-
accident
655
523
1 532
-
other
2 396
1 909
7 634
-
chamber of commerce
201
161
680
-
unemployment
1 513
1 207
3 537
-
surtax
199
199
199
-
pensions
6 329
5 048
14 796
-
payroll
1 513
1 207
5 102
-
health
1 906
1 521
4 456
-
total
14 712
11 775
37 936
-
Corporate
142 855
156 009
166 234
-
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.

35 714
39 003
41 559
-
total
35 714
39 003
41 559
-
Dividends
107 140
117 007
-
-
withholding
29 464
32 177
-
-
total
29 464
32 177
-
-
Income
208 000
208 000
208 000
208 000
Total tax
94 764
93 204
153 271
101 161
After tax
113 236
114 796
54 729
106 839
Living cost
35 559
35 559
35 559
35 559
Free-cash
77 677
79 237
19 170
71 280

Estimated living cost  is ₽35559 per week

₽23716
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3033
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8225
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78410
₽64334
₽53576
₽34747
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
208 000
national
-
-
-
81 498
communal

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

-
-
-
10 970
social contributions
-
-
-
25 160
total
-
-
-
117 628
Employee

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

72 186
-
161 103
-
communal

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

3 765
-
8 403
-
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.

3 392
-
7 570
-
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.

5 414
-
12 082
-
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.

628
-
1 402
-
national
22 193
-
60 103
-
total
35 392
-
89 560
-
Employer

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

72 186
-
161 103
-
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.

938
-
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.

1 053
-
2 352
-
surtax
8 185
-
18 270
-
pensions

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

6 396
-
14 273
-
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.

4 439
-
9 909
-
total
21 011
-
46 897
-
Corporate
114 801
208 000
-
-
surtax
460
862
-
-
income
22 960
43 084
-
-
total
23 420
43 946
-
-
Dividends
91 382
164 054
-
-
withholding

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

27 047
48 848
-
-
total
27 047
48 848
-
-
Income
208 000
208 000
208 000
208 000
Total tax
106 870
92 794
136 457
117 628
After tax
101 130
115 206
71 543
90 372
Living cost
36 796
36 796
36 796
36 796
Free-cash
64 334
78 410
34 747
53 576

Estimated living cost  is ₽36796 per week

₽23701
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.
₽576
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9302
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽101836
₽94924
₽79946
₽75711
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
843
income
-
-
-
63 547
pensions
-
-
-
26 470
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
91 609
Employee
50 234
-
178 180
-
other
50
-
94
-
income
10 599
-
60 083
-
pensions
2 361
-
4 397
-
unemployment
779
-
1 450
-
total
13 789
-
66 024
-
Employer
50 234
-
178 180
-
accident
994
-
1 852
-
other
400
-
749
-
unemployment
2 763
-
5 144
-
pensions
11 854
-
22 075
-
total
16 011
-
29 820
-
Corporate
141 754
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.

21 263
31 201
-
-
total
21 263
31 201
-
-
Dividends
120 491
176 799
-
-
withholding
25 568
38 518
-
-
total
25 568
38 518
-
-
Income
208 000
208 000
208 000
208 000
Total tax
76 631
69 719
95 844
91 609
After tax
131 369
138 281
112 156
116 391
Living cost
36 445
36 445
36 445
36 445
Free-cash
94 924
101 836
75 711
79 946

Estimated living cost  is ₽36445 per week

₽26838
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2585
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6496
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64462
₽50737
₽44609
₽52904
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
208 000
accident
-
-
-
1 754
income
-
-
-
37 547
pensions
-
-
-
31 178
health
-
-
-
14 614
surtax
-
-
-
10 311
communal
-
-
-
13 145
total
-
-
-
108 549
Employee
76 423
-
185 796
-
health
3 401
-
8 267
-
surtax
4 684
-
11 387
-
income
7 382
-
43 535
-
pensions
6 113
-
14 863
-
total
21 580
-
78 052
-
Employer
76 423
-
185 796
-
accident
688
-
1 672
-
pensions
6 113
-
14 863
-
health
2 331
-
5 667
-
total
9 132
-
22 202
-
Corporate
122 445
208 000
-
-
surtax
1 285
2 183
-
-
communal
8 266
14 040
-
-
income
18 368
31 201
-
-
total
27 919
47 424
-
-
Dividends
94 527
160 577
-
-
income
29 611
17 186
-
-
withholding
14 179
24 086
-
-
total
43 790
41 272
-
-
Income
208 000
208 000
208 000
208 000
Total tax
102 421
88 696
100 254
108 549
After tax
105 579
119 304
107 746
99 451
Living cost
54 842
54 842
54 842
54 842
Free-cash
50 737
64 462
52 904
44 609

Estimated living cost  is ₽54842 per week

₽41140
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3323
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9798
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽108165
₽104956
₽75361
₽69190
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
62 901
pensions
-
-
-
26 938
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
9 562
surtax
-
-
-
10 341
total
-
-
-
109 972
Employee
33 985
-
179 649
-
other
-
-
-
-
health
868
-
3 434
-
surtax
121
-
9 135
-
income
5 697
-
56 865
-
pensions
2 267
-
8 984
-
unemployment
2 365
-
9 374
-
total
11 318
-
87 792
-
Employer
33 985
-
179 649
-
other
-
-
-
-
unemployment
1 078
-
4 269
-
pensions
4 531
-
17 954
-
health
1 545
-
6 128
-
total
7 154
-
28 351
-
Corporate
166 860
208 000
-
-
income
43 384
54 080
-
-
total
43 384
54 080
-
-
Dividends
123 476
153 920
-
-
withholding
18 521
23 088
-
-
total
18 521
23 088
-
-
Income
208 000
208 000
208 000
208 000
Total tax
80 377
77 168
116 143
109 972
After tax
127 623
130 832
91 857
98 028
Living cost
22 667
22 667
22 667
22 667
Free-cash
104 956
108 165
69 190
75 361

Estimated living cost  is ₽22667 per week

₽13685
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1971
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6486
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82143
₽79904
₽71208
₽62663
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
208 000
municipal
-
-
-
1 260
regional
-
-
-
3 197
national
-
-
-
54 641
social contributions
-
-
-
50 509
total
-
-
-
109 607
Employee
55 980
-
208 000
-
social contributions
18 877
-
66 218
-
regional
754
-
2 877
-
municipal
297
-
1 134
-
national
8 869
-
47 923
-
total
28 797
-
118 152
-
Employer
55 980
-
208 000
-
total
-
-
-
-
Corporate
152 020
208 000
-
-
nationa
36 484
49 921
-
-
municipal
7 555
10 338
-
-
total
44 039
60 259
-
-
Dividends
107 981
147 742
-
-
withholding
28 075
38 413
-
-
total
28 075
38 413
-
-
Income
208 000
208 000
208 000
208 000
Total tax
100 911
98 672
118 152
109 607
After tax
107 089
109 328
89 848
98 393
Living cost
27 185
27 185
27 185
27 185
Free-cash
79 904
82 143
62 663
71 208

Estimated living cost  is ₽27185 per week

₽16906
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2754
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.
₽7059
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽113425
₽102799
₽91765
₽82833
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
208 000
income
-
-
-
21 771
health
-
-
-
28 080
solidarity contribution
-
-
-
1 822
social contributions
-
-
-
34 779
total
-
-
-
86 452
Employee
43 799
-
163 507
-
social contributions
2 847
-
7 742
-
health
5 913
-
22 074
-
solidarity contribution
-
-
1 021
-
income
5 256
-
20 054
-
total
14 016
-
50 891
-
Employer
43 799
-
163 507
-
social contributions
10 950
-
29 777
-
health
3 942
-
14 716
-
total
14 892
-
44 493
-
Corporate
149 309
208 000
-
-
income
28 369
39 520
-
-
total
28 369
39 520
-
-
Dividends
120 940
168 480
-
-
withholding
18 141
25 272
-
-
total
18 141
25 272
-
-
Income
208 000
208 000
208 000
208 000
Total tax
75 418
64 792
95 384
86 452
After tax
132 582
143 208
112 616
121 548
Living cost
29 783
29 783
29 783
29 783
Free-cash
102 799
113 425
82 833
91 765

Estimated living cost  is ₽29783 per week

₽22149
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1650
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5469
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82709
₽82211
₽74842
₽22583
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
208 000
chamber of commerce
-
-
-
831
income
-
-
-
63 112
pensions
-
-
-
21 811
unemployment
-
-
-
6 190
health
-
-
-
9 018
surtax
-
-
-
-
total
-
-
-
100 962
Employee
44 114
40 217
170 248
-
other
440
402
1 180
-
health
1 706
1 557
4 562
-
income
3 930
2 966
52 512
-
pensions
4 518
4 117
12 073
-
unemployment
1 323
1 207
3 537
-
total
11 917
10 249
73 864
-
Employer
44 114
40 217
170 248
-
accident
573
523
1 532
-
other
2 095
1 909
7 641
-
chamber of commerce
176
161
682
-
unemployment
1 323
1 207
3 537
-
surtax
-
-
-
-
pensions
5 537
5 048
14 796
-
payroll
1 323
1 207
5 108
-
health
1 668
1 521
4 456
-
total
12 695
11 576
37 752
-
Corporate
151 191
156 208
166 418
-
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.

37 798
39 052
41 605
-
total
37 798
39 052
41 605
-
Dividends
113 393
117 156
-
-
withholding
31 183
32 218
-
-
total
31 183
32 218
-
-
Income
208 000
208 000
208 000
208 000
Total tax
93 593
93 095
153 221
100 962
After tax
114 407
114 905
54 779
107 038
Living cost
32 196
32 196
32 196
32 196
Free-cash
82 211
82 709
22 583
74 842

Estimated living cost  is ₽32196 per week

₽19314
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3288
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9020
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽183451
₽180798
₽191771
₽152251
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
17 686
-
208 000
-
income
3 537
-
41 600
-
total
3 537
-
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%.

190 314
208 000
-
-
total
-
-
-
-
Dividends
190 314
208 000
-
-
withholding
9 516
10 400
-
-
total
9 516
10 400
-
-
Income
208 000
208 000
208 000
208 000
Total tax
13 053
10 400
41 600
2 080
After tax
194 947
197 600
166 400
205 920
Living cost
14 149
14 149
14 149
14 149
Free-cash
180 798
183 451
152 251
191 771

Estimated living cost  is ₽14149 per week

₽9574
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽594
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3505
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽116141
₽107701
₽71506
₽66991
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
50 661
pensions
-
-
-
37 986
unemployment
-
-
-
312
health
-
-
-
20 467
total
-
-
-
109 426
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.

44 626
-
179 978
-
health
2 882
-
11 626
-
income
7 696
-
46 143
-
pensions
6 917
-
27 897
-
unemployment
63
-
253
-
total
17 558
-
85 919
-
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.

44 626
-
179 978
-
unemployment
27
-
107
-
pensions
3 949
-
15 928
-
health
2 972
-
11 987
-
total
6 948
-
28 022
-
Corporate
156 426
208 000
-
-
income
29 720
39 520
-
-
total
29 720
39 520
-
-
Dividends
126 706
168 480
-
-
withholding
19 005
25 271
-
-
total
19 005
25 271
-
-
Income
208 000
208 000
208 000
208 000
Total tax
73 231
64 791
113 941
109 426
After tax
134 769
143 209
94 059
98 574
Living cost
27 068
27 068
27 068
27 068
Free-cash
107 701
116 141
66 991
71 506

Estimated living cost  is ₽27068 per week

₽18576
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1735
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6234
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82967
₽34926
₽100165
₽151133
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
62 487
-
-
-
social contributions
5 124
-
730
-
income
13 783
-
-
-
total
18 907
-
730
-
Employer
62 487
-
-
-
social contributions
88 107
-
12 557
-
total
88 107
-
12 557
-
Corporate
57 406
208 000
-
-
income
12 629
45 760
-
-
total
12 629
45 760
-
-
Dividends
44 777
162 240
-
-
income
9 851
35 693
-
-
total
9 851
35 693
-
-
Income
208 000
208 000
208 000
208 000
Total tax
129 494
81 453
13 287
64 255
After tax
78 506
126 547
194 713
143 745
Living cost
43 580
43 580
43 580
43 580
Free-cash
34 926
82 967
151 133
100 165

Estimated living cost  is ₽43580 per week

₽28276
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4099
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10649
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86657
₽85640
₽77801
₽62032
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
208 000
income
-
-
-
26 266
surtax
-
-
-
-
social contributions

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

-
-
-
72 279
total
-
-
-
98 545
Employee
46 414
-
168 080
-
social contributions
5 106
-
18 488
-
surtax
-
-
-
-
income
9 654
-
55 908
-
total
14 760
-
74 396
-
Employer
46 414
-
168 080
-
social contributions
11 023
-
39 918
-
total
11 023
-
39 918
-
Corporate
150 563
208 000
-
-
surtax
-
-
-
-
income
31 618
43 679
-
-
total
31 618
43 679
-
-
Dividends
118 945
164 321
-
-
withholding
33 305
46 010
-
-
total
33 305
46 010
-
-
Income
208 000
208 000
208 000
208 000
Total tax
90 706
89 689
114 314
98 545
After tax
117 294
118 311
93 686
109 455
Living cost
31 654
31 654
31 654
31 654
Free-cash
85 640
86 657
62 032
77 801

Estimated living cost  is ₽31654 per week

₽23684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1867
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽529
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5575
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56091
₽63029
₽66728
₽61840
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
36 210
pensions
-
-
-
34 208
other
-
-
-
6 448
health
-
-
-
9 738
surtax
-
-
-
-
social contributions
-
-
-
5 927
total
-
-
-
92 531
Employee
63 206
-
159 487
-
social contributions
1 800
-
4 545
-
surtax
-
-
-
-
income
5 515
-
32 650
-
pensions
7 149
-
11 709
-
total
14 464
-
48 904
-
Employer
63 206
-
159 487
-
other
2 181
-
6 485
-
social contributions
190
-
479
-
unemployment
2 560
-
6 460
-
pensions
10 386
-
19 602
-
health
4 424
-
15 489
-
total
19 741
-
48 515
-
Corporate
125 053
208 000
-
-
surtax
-
-
-
-
income
35 015
58 240
-
-
total
35 015
58 240
-
-
Dividends
90 038
149 760
-
-
surtax
-
-
-
-
social contributions
15 485
25 758
-
-
withholding
11 525
19 170
-
-
total
27 010
44 928
-
-
Income
208 000
208 000
208 000
208 000
Total tax
96 230
103 168
97 419
92 531
After tax
111 770
104 832
110 581
115 469
Living cost
48 742
48 742
48 742
48 742
Free-cash
63 029
56 091
61 840
66 728

Estimated living cost  is ₽48742 per week

₽32987
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3987
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽668
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11098
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽156865
₽153475
₽121810
₽127339
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 096
social contributions
-
-
-
45 759
total
-
-
-
55 855
Employee
32 444
-
180 086
-
income
-
-
10 709
-
social contributions
2 109
-
11 705
-
total
2 109
-
22 414
-
Employer
32 444
-
180 086
-
social contributions
5 029
-
27 912
-
total
5 029
-
27 912
-
Corporate
170 527
208 000
-
-
income
17 052
20 800
-
-
total
17 052
20 800
-
-
Dividends
153 475
187 200
-
-
total
-
-
-
-
Income
208 000
208 000
208 000
208 000
Total tax
24 190
20 800
50 326
55 855
After tax
183 810
187 200
157 674
152 145
Living cost
30 335
30 335
30 335
30 335
Free-cash
153 475
156 865
127 339
121 810

Estimated living cost  is ₽30335 per week

₽19614
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2287
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7863
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details 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
-₽11971
-₽11971
₽72308
-₽11971
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
208 000
municipal
-
-
-
44 223
pensions
-
-
-
875
national
-
-
-
25 401
labour market
-
-
-
16 570
total
-
-
-
87 069
Employee
205 225
205 225
205 225
-
labour market
16 395
16 395
16 395
-
national
25 072
25 072
25 072
-
municipal
43 701
43 701
43 701
-
pensions
292
292
292
-
total
85 460
85 460
85 460
-
Employer
205 225
205 225
205 225
-
labour market
16 418
16 418
16 418
-
municipal
43 771
43 771
43 771
-
pensions
583
583
583
-
national
25 116
25 116
25 116
-
total
85 888
85 888
85 888
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
208 000
208 000
208 000
208 000
Total tax
171 348
171 348
171 348
87 069
After tax
36 652
36 652
36 652
120 931
Living cost
48 623
48 623
48 623
48 623
Free-cash
-11 971
-11 971
-11 971
72 308

Estimated living cost  is ₽48623 per week

₽33278
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4301
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.
₽10296
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4895
₽13512
₽120333
₽92339
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
253
income
-
-
-
58 937
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
65 924
Employee
34 203
-
189 155
-
health
3 917
-
21 658
-
income
4 692
-
45 762
-
pensions
3 852
-
7 653
-
total
12 461
-
75 073
-
Employer
34 203
-
189 155
-
accident
571
-
3 159
-
unemployment
838
-
4 634
-
pensions
5 561
-
11 052
-
total
6 970
-
18 845
-
Corporate
166 826
208 000
-
-
income

From 1 January 2017, a lowered corporate income tax rate of 9% was introduced for so-called 'small taxpayers' - entities with turnover not exceeding the equivalent of €1.2 million and for taxpayers starting business activity, during their previous tax year.

150 144
187 200
-
-
total
150 144
187 200
-
-
Dividends
16 683
20 800
-
-
withholding
3 170
3 952
-
-
total
3 170
3 952
-
-
Income
208 000
208 000
208 000
208 000
Total tax
172 745
191 152
93 918
65 924
After tax
35 255
16 848
114 082
142 076
Living cost
21 743
21 743
21 743
21 743
Free-cash
13 512
-4 895
92 339
120 333

Estimated living cost  is ₽21743 per week

₽15827
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1239
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4269
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89714
₽92832
₽91019
₽67194
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
208 000
municipal
-
-
-
36 938
health
-
-
-
2 783
national
-
-
-
38 515
total
-
-
-
78 236
Employee
53 094
-
174 980
-
health
396
-
2 273
-
municipal
8 696
-
28 489
-
pensions
3 583
-
11 810
-
unemployment
797
-
2 626
-
national
877
-
23 843
-
total
14 349
-
69 041
-
Employer
53 094
-
174 980
-
accident
54
-
174
-
unemployment
345
-
1 138
-
pensions
9 212
-
30 360
-
health
408
-
1 348
-
total
10 019
-
33 020
-
Corporate
144 888
208 000
-
-
income
28 977
41 600
-
-
total
28 977
41 600
-
-
Dividends

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

86 933
124 800
-
-
national
7 430
15 477
-
-
municipal
15 648
22 464
-
-
total
23 078
37 941
-
-
Income
208 000
208 000
208 000
208 000
Total tax
76 423
79 541
102 061
78 236
After tax
131 577
128 459
105 939
129 764
Living cost
38 745
38 745
38 745
38 745
Free-cash
92 832
89 714
67 194
91 019

Estimated living cost  is ₽38745 per week

₽25308
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽617
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9095
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽128276
₽122782
₽117289
₽115541
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
45 713
health
-
-
-
5 305
social contributions
-
-
-
16 328
total
-
-
-
67 346
Employee
77 600
77 600
195 694
-
social contributions
2 934
6 440
8 687
-
health
601
1 319
3 327
-
income
8 449
7 183
44 773
-
total
11 984
14 942
56 787
-
Employer
77 600
77 600
195 694
-
social contributions
2 934
6 440
8 687
-
health
653
1 436
3 620
-
total
3 587
7 876
12 307
-
Corporate
169 063
122 523
-
-
income
21 133
15 315
-
-
total
21 133
15 315
-
-
Dividends
147 930
107 208
-
-
withholding
25 149
18 226
-
-
total
25 149
18 226
-
-
Income
208 000
208 000
208 000
208 000
Total tax
61 853
56 359
69 094
67 346
After tax
146 147
151 641
138 906
140 654
Living cost
23 365
23 365
23 365
23 365
Free-cash
122 782
128 276
115 541
117 289

Estimated living cost  is ₽23365 per week

₽14003
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2292
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6553
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽156222
₽151087
₽160464
₽140224
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
21 413
pensions
-
-
-
6 419
unemployment
-
-
-
29
health
-
-
-
3 652
total
-
-
-
31 513
Employee

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

23 164
-
198 137
-
health
1 969
-
8 139
-
income
1 584
-
18 910
-
pensions
3 474
-
14 363
-
unemployment
115
-
479
-
total
7 142
-
41 891
-
Employer

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

23 164
-
198 137
-
unemployment
115
-
479
-
pensions
1 274
-
5 266
-
health
996
-
4 117
-
total
2 385
-
9 862
-
Corporate
182 452
208 000
-
-
income
16 420
18 720
-
-
total
16 420
18 720
-
-
Dividends
166 032
189 280
-
-
withholding
14 943
17 035
-
-
total
14 943
17 035
-
-
Income
208 000
208 000
208 000
208 000
Total tax
40 890
35 755
51 753
31 513
After tax
167 110
172 245
156 247
176 487
Living cost
16 023
16 023
16 023
16 023
Free-cash
151 087
156 222
140 224
160 464

Estimated living cost  is ₽16023 per week

₽10223
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1155
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.
₽4167
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽110530
₽106073
₽88640
₽84405
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
843
income
-
-
-
63 547
pensions
-
-
-
26 470
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
91 609
Employee
37 315
-
178 180
-
other
36
-
94
-
income
7 194
-
60 083
-
pensions
1 754
-
4 397
-
unemployment
578
-
1 450
-
total
9 562
-
66 024
-
Employer
37 315
-
178 180
-
accident
739
-
1 852
-
other
299
-
749
-
unemployment
2 053
-
5 144
-
pensions
8 806
-
22 075
-
total
11 897
-
29 820
-
Corporate
158 789
208 000
-
-
income

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

23 818
31 201
-
-
total
23 818
31 201
-
-
Dividends
134 971
176 799
-
-
withholding
28 899
38 518
-
-
total
28 899
38 518
-
-
Income
208 000
208 000
208 000
208 000
Total tax
74 176
69 719
95 844
91 609
After tax
133 824
138 281
112 156
116 391
Living cost
27 751
27 751
27 751
27 751
Free-cash
106 073
110 530
84 405
88 640

Estimated living cost  is ₽27751 per week

₽18731
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2668
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5866
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽127036
₽126582
₽130826
₽130628
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
70 951
pensions
-
-
-
2 010
health
-
-
-
1 457
total
-
-
-
74 418
Employee
4 198
-
205 738
-
health
210
-
503
-
income
812
-
70 845
-
pensions
378
-
905
-
unemployment
42
-
101
-
total
1 442
-
72 354
-
Employer
4 198
-
205 738
-
unemployment
84
-
201
-
pensions
462
-
1 106
-
health
399
-
955
-
total
945
-
2 262
-
Corporate
202 858
208 000
-
-
income
44 629
45 760
-
-
total
44 629
45 760
-
-
Dividends
158 229
162 240
-
-
withholding
31 646
32 448
-
-
total
31 646
32 448
-
-
Income
208 000
208 000
208 000
208 000
Total tax
78 662
78 208
74 616
74 418
After tax
129 338
129 792
133 384
133 582
Living cost
2 756
2 756
2 756
2 756
Free-cash
126 582
127 036
130 628
130 826

Estimated living cost  is ₽2756 per week

₽1638
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽63
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽832
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽132827
₽127862
₽114570
₽114571
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
208 000
income
-
-
-
47 784
pensions
-
-
-
19 392
unemployment
-
-
-
1 119
health
-
-
-
7 682
total
-
-
-
75 977
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.

26 319
-
194 649
-
health
1 355
-
3 841
-
income
3 628
-
47 784
-
pensions
3 685
-
10 442
-
unemployment
197
-
559
-
total
8 865
-
62 626
-
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.

26 319
-
194 649
-
unemployment
197
-
559
-
pensions
3 158
-
8 950
-
health
1 355
-
3 841
-
total
4 710
-
13 350
-
Corporate
176 970
208 000
-
-
income
26 546
31 200
-
-
total
26 546
31 200
-
-
Dividends
150 425
176 800
-
-
withholding
22 564
26 520
-
-
total
22 564
26 520
-
-
Income
208 000
208 000
208 000
208 000
Total tax
62 685
57 720
75 976
75 977
After tax
145 315
150 280
132 024
132 023
Living cost
17 453
17 453
17 453
17 453
Free-cash
127 862
132 827
114 571
114 570

Estimated living cost  is ₽17453 per week

₽11751
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1350
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽505
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3847
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91105
₽90742
₽82249
₽66480
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
208 000
income
-
-
-
26 266
surtax
-
-
-
-
social contributions

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

-
-
-
72 279
total
-
-
-
98 545
Employee
39 168
-
168 080
-
social contributions
4 309
-
18 488
-
surtax
-
-
-
-
income
7 653
-
55 908
-
total
11 962
-
74 396
-
Employer
39 168
-
168 080
-
social contributions
9 302
-
39 918
-
total
9 302
-
39 918
-
Corporate
159 530
208 000
-
-
surtax
-
-
-
-
income
33 501
43 679
-
-
total
33 501
43 679
-
-
Dividends
126 030
164 321
-
-
withholding
35 287
46 010
-
-
total
35 287
46 010
-
-
Income
208 000
208 000
208 000
208 000
Total tax
90 052
89 689
114 314
98 545
After tax
117 948
118 311
93 686
109 455
Living cost
27 206
27 206
27 206
27 206
Free-cash
90 742
91 105
66 480
82 249

Estimated living cost  is ₽27206 per week

₽19270
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1890
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5565
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽102814
₽96210
₽80924
₽76689
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
843
income
-
-
-
63 547
pensions
-
-
-
26 470
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
91 609
Employee
48 738
-
178 180
-
other
48
-
94
-
income
10 180
-
60 083
-
pensions
2 290
-
4 397
-
unemployment
755
-
1 450
-
total
13 273
-
66 024
-
Employer
48 738
-
178 180
-
accident
965
-
1 852
-
other
391
-
749
-
unemployment
2 681
-
5 144
-
pensions
11 502
-
22 075
-
total
15 539
-
29 820
-
Corporate
143 723
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.

21 558
31 201
-
-
total
21 558
31 201
-
-
Dividends
122 165
176 799
-
-
withholding
25 953
38 518
-
-
total
25 953
38 518
-
-
Income
208 000
208 000
208 000
208 000
Total tax
76 323
69 719
95 844
91 609
After tax
131 677
138 281
112 156
116 391
Living cost
35 467
35 467
35 467
35 467
Free-cash
96 210
102 814
76 689
80 924

Estimated living cost  is ₽35467 per week

₽25471
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2758
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6739
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽160470
₽154316
₽150012
₽158494
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
40 617
Employee
23 001
-
201 080
-
health
1 058
-
1 622
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
income
2 300
-
20 108
-
pensions

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

2 019
-
3 097
-
total
5 630
-
25 215
-
Employer
23 001
-
201 080
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
unemployment
138
-
212
-
pensions

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

2 535
-
3 887
-
health
1 587
-
2 434
-
total
4 513
-
6 921
-
Corporate
180 486
208 000
-
-
income
18 048
20 800
-
-
total
18 048
20 800
-
-
Dividends
162 438
187 200
-
-
withholding
8 122
9 360
-
-
total
8 122
9 360
-
-
Income
208 000
208 000
208 000
208 000
Total tax
36 313
30 160
32 136
40 617
After tax
171 687
177 840
175 864
167 383
Living cost
17 370
17 370
17 370
17 370
Free-cash
154 316
160 470
158 494
150 012

Estimated living cost  is ₽17370 per week

₽11489
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽994
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽414
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4474
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68036
₽81238
₽67660
₽90775
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
208 000
trade
-
-
-
23 115
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.

-
-
-
67 649
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.

-
-
-
6 894
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.

-
-
-
3 721
total
-
-
-
101 379
Employee

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

50 212
-
208 000
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 894
-
6 894
-
surtax

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

228
-
3 721
-
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.

4 129
-
67 649
-
total
11 251
-
78 264
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
157 788
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.

1 302
1 716
-
-
income
23 669
31 201
-
-
trade
22 642
29 849
-
-
chamber of commerce
385
458
-
-
total
47 998
63 224
-
-
Dividends
109 790
144 777
-
-
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.

1 488
1 969
-
-
withholding
27 064
35 810
-
-
total
28 552
37 779
-
-
Income
208 000
208 000
208 000
208 000
Total tax
87 801
101 003
78 264
101 379
After tax
120 199
106 997
129 736
106 621
Living cost
38 961
38 961
38 961
38 961
Free-cash
81 238
68 036
90 775
67 660

Estimated living cost  is ₽38961 per week

₽26876
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4192
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.
₽7327
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88114
₽90341
₽48590
₽48590
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
208 000
income
-
-
-
66 521
social contributions
-
-
-
35 402
total
-
-
-
101 923
Employee
78 939
-
208 000
-
income
14 896
-
66 521
-
social contributions
6 558
-
35 402
-
total
21 454
-
101 923
-
Employer
78 939
-
208 000
-
total
-
-
-
-
Corporate
129 061
208 000
-
-
income
16 133
25 999
-
-
total
16 133
25 999
-
-
Dividends
112 928
182 001
-
-
withholding
22 585
36 400
-
-
total
22 585
36 400
-
-
Income
208 000
208 000
208 000
208 000
Total tax
60 172
62 399
101 923
101 923
After tax
147 828
145 601
106 077
106 077
Living cost
57 487
57 487
57 487
57 487
Free-cash
90 341
88 114
48 590
48 590

Estimated living cost  is ₽57487 per week

₽43735
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4684
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8518
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93235
₽96763
₽133425
₽109414
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
31 201
health

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

-
-
-
6 741
total
-
-
-
37 942
Employee
46 295
-
203 358
-
income
5 023
-
52 669
-
social contributions
4 638
-
4 642
-
total
9 661
-
57 311
-
Employer
46 295
-
203 358
-
social contributions
4 638
-
4 642
-
total
4 638
-
4 642
-
Corporate
157 067
208 000
-
-
income
54 973
72 800
-
-
total
54 973
72 800
-
-
Dividends
102 094
135 200
-
-
social contributions
5 332
5 332
-
-
total
5 332
5 332
-
-
Income
208 000
208 000
208 000
208 000
Total tax
74 604
78 132
61 953
37 942
After tax
133 396
129 868
146 047
170 058
Living cost
36 633
36 633
36 633
36 633
Free-cash
96 763
93 235
109 414
133 425

Estimated living cost  is ₽36633 per week

₽24130
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2888
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9053
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95345
₽101342
₽98088
₽79426
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
62 592
pensions
-
-
-
9 705
total
-
-
-
72 297
Employee
51 632
-
181 425
-
health
674
-
2 516
-
income
9 403
-
50 149
-
pensions
3 941
-
11 718
-
total
14 018
-
64 383
-
Employer
51 632
-
181 425
-
pensions
5 217
-
23 128
-
health
981
-
3 448
-
total
6 198
-
26 576
-
Corporate
150 170
208 000
-
-
income

It is proposed for this rate to fall to 17% from the financial year starting on 1 April, 2020. Also, where the taxable profits can be attributed to the exploitation of patents, a lower rate of 10% applies.

28 531
39 520
-
-
total
28 531
39 520
-
-
Dividends
121 638
168 480
-
-
withholding
20 296
35 520
-
-
total
20 296
35 520
-
-
Income
208 000
208 000
208 000
208 000
Total tax
69 043
75 040
90 959
72 297
After tax
138 957
132 960
117 041
135 703
Living cost
37 615
37 615
37 615
37 615
Free-cash
101 342
95 345
79 426
98 088

Estimated living cost  is ₽37615 per week

₽25804
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3459
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽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 Edinburgh model

Close
Warsaw , Poland
-₽7048
₽13181
₽118180
₽90186
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
253
income
-
-
-
58 937
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
65 924
Employee
37 589
-
189 155
-
health
4 304
-
21 658
-
income
5 157
-
45 762
-
pensions
4 233
-
7 653
-
total
13 694
-
75 073
-
Employer
37 589
-
189 155
-
accident
628
-
3 159
-
unemployment
921
-
4 634
-
pensions
6 112
-
11 052
-
total
7 661
-
18 845
-
Corporate
162 751
208 000
-
-
income

From 1 January 2017, a lowered corporate income tax rate of 9% was introduced for so-called 'small taxpayers' - entities with turnover not exceeding the equivalent of €1.2 million and for taxpayers starting business activity, during their previous tax year.

146 476
187 200
-
-
total
146 476
187 200
-
-
Dividends
16 275
20 800
-
-
withholding
3 092
3 952
-
-
total
3 092
3 952
-
-
Income
208 000
208 000
208 000
208 000
Total tax
170 923
191 152
93 918
65 924
After tax
37 077
16 848
114 082
142 076
Living cost
23 896
23 896
23 896
23 896
Free-cash
13 181
-7 048
90 186
118 180

Estimated living cost  is ₽23896 per week

₽17537
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1392
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.
₽4485
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽145489
₽156679
₽115236
₽137428
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
208 000
work injury
-
-
-
807
health insurance
-
-
-
11 943
income
-
-
-
34 751
pensions
-
-
-
29 695
unemployment
-
-
-
1 937
total
-
-
-
79 133
Employee

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

21 810
-
208 000
-
work injury
109
-
403
-
income
2 181
-
34 751
-
pensions
4 013
-
14 848
-
health insurance
1 614
-
5 971
-
unemployment
262
-
968
-
total
8 179
-
56 941
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
186 190
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%.

1 862
20 800
-
-
total
1 862
20 800
-
-
Dividends
184 328
187 200
-
-
withholding
27 649
28 080
-
-
total
27 649
28 080
-
-
Income
208 000
208 000
208 000
208 000
Total tax
37 690
48 880
56 941
79 133
After tax
170 310
159 120
151 059
128 867
Living cost
13 631
13 631
13 631
13 631
Free-cash
156 679
145 489
137 428
115 236

Estimated living cost  is ₽13631 per week

₽8445
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽991
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽425
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3771
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69358
₽64767
₽56323
₽47994
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
208 000
municipal
-
-
-
1 417
regional
-
-
-
4 907
national
-
-
-
54 641
social contributions
-
-
-
50 509
total
-
-
-
111 474
Employee
85 039
-
208 000
-
social contributions
28 675
-
66 218
-
regional
1 284
-
4 387
-
municipal
507
-
1 275
-
national
14 371
-
47 923
-
total
44 837
-
119 803
-
Employer
85 039
-
208 000
-
total
-
-
-
-
Corporate
122 961
208 000
-
-
nationa
29 511
49 921
-
-
municipal
5 927
10 025
-
-
total
35 438
59 946
-
-
Dividends
87 522
148 054
-
-
withholding
22 755
38 493
-
-
total
22 755
38 493
-
-
Income
208 000
208 000
208 000
208 000
Total tax
103 030
98 439
119 803
111 474
After tax
104 970
109 561
88 197
96 526
Living cost
40 203
40 203
40 203
40 203
Free-cash
64 767
69 358
47 994
56 323

Estimated living cost  is ₽40203 per week

₽28240
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2765
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽607
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8589
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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