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
₽ 209000
per

Your estimated
City
free-cash

Dresden , Germany
₽74875
₽77000
₽87347
₽100941
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
209 000
trade
-
-
-
26 066
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.

-
-
-
6 392
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.

-
-
-
3 823
income

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

-
-
-
69 505
total
-
-
-
105 786
Employee

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

35 785
-
209 000
-
surtax

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

55
-
3 823
-
income

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

1 000
-
69 505
-
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.

6 392
-
6 392
-
total
7 447
-
79 720
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
173 215
209 000
-
-
trade
27 282
32 918
-
-
income
25 983
31 350
-
-
chamber of commerce
391
442
-
-
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.

1 429
1 724
-
-
total
55 085
66 434
-
-
Dividends
118 130
142 566
-
-
withholding
29 177
35 286
-
-
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.

1 605
1 941
-
-
total
30 782
37 227
-
-
Income
209 000
209 000
209 000
209 000
Total tax
93 314
103 661
79 720
105 786
After tax
115 686
105 339
129 280
103 214
Living cost
28 339
28 339
28 339
28 339
Free-cash
87 347
77 000
100 941
74 875

Estimated living cost  is ₽28339 per week

₽17826
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3304
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.
₽6679
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70294
₽80859
₽80034
₽71416
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
209 000
municipal
-
-
-
23 156
pensions
-
-
-
25 080
social contributions
-
-
-
2 247
national
-
-
-
38 666
total
-
-
-
89 149
Employee
76 822
-
180 679
-
municipal
9 489
-
23 966
-
national
14 704
-
40 438
-
pensions
3 073
-
7 227
-
total
27 266
-
71 631
-
Employer
76 822
-
180 679
-
pensions
6 146
-
14 454
-
social contributions
826
-
1 942
-
total
6 972
-
16 396
-
Corporate
120 136
209 000
-
-
income

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

24 027
41 800
-
-
total
24 027
41 800
-
-
Dividends
96 109
167 200
-
-
withholding
21 144
36 784
-
-
total
21 144
36 784
-
-
Income
209 000
209 000
209 000
209 000
Total tax
79 409
78 584
88 027
89 149
After tax
129 591
130 416
120 973
119 851
Living cost
49 557
49 557
49 557
49 557
Free-cash
80 034
80 859
71 416
70 294

Estimated living cost  is ₽49557 per week

₽33683
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4607
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽742
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10525
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56455
₽147735
₽140061
₽71325
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
209 000
surtax
-
-
-
53 295
social contributions

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

-
-
-
35 847
income
-
-
-
43 938
microenterprise
-
-
-
-
total
-
-
-
133 080
Employee
27 339
-
164 089
-
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.

3 008
-
12 265
-
surtax
-
-
23 793
-
income
4 867
-
37 241
-
total
7 875
-
73 299
-
Employer
27 339
-
164 089
-
surtax
-
-
18 050
-
social contributions

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

6 585
-
26 861
-
total
6 585
-
44 911
-
Corporate
175 076
209 000
-
-
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%.

35 014
41 800
-
-
total
35 014
41 800
-
-
Dividends

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

140 061
167 200
-
-
total
-
-
-
-
Income
209 000
209 000
209 000
209 000
Total tax
49 474
41 800
118 210
133 080
After tax
159 526
167 200
90 790
75 920
Living cost
19 465
19 465
19 465
19 465
Free-cash
140 061
147 735
71 325
56 455

Estimated living cost  is ₽19465 per week

₽12418
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1854
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽442
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4751
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73115
₽64939
₽59208
₽94475
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
209 000
pensions
-
-
-
10 962
health
-
-
-
11 537
income
-
-
-
74 192
total
-
-
-
96 691
Employee
79 897
79 897
191 613
-
pensions
14 381
10 962
10 962
-
income

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

13 078
13 078
35 445
-
health
12 263
10 431
11 537
-
total
39 722
34 471
57 944
-
Employer
79 897
79 897
191 613
-
pensions
5 561
5 561
6 912
-
unemployment
2 876
2 876
3 574
-
health
5 554
5 554
6 901
-
total
13 991
13 991
17 387
-
Corporate
116 092
115 112
-
-
income
23 218
23 023
-
-
total
23 218
23 023
-
-
Dividends
92 874
92 089
-
-
withholding
13 931
13 813
-
-
income
19 736
19 569
-
-
total
33 667
33 382
-
-
Income
209 000
209 000
209 000
209 000
Total tax
110 598
104 867
75 331
96 691
After tax
98 402
104 133
133 669
112 309
Living cost
39 194
39 194
39 194
39 194
Free-cash
59 208
64 939
94 475
73 115

Estimated living cost  is ₽39194 per week

₽27776
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3533
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽623
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7262
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66379
₽75570
₽74704
₽65445
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
209 000
municipal
-
-
-
55 026
pensions
-
-
-
9 132
health
-
-
-
5 271
other
-
-
-
9 816
unemployment
-
-
-
85
accident
-
-
-
169
national
-
-
-
24 578
total
-
-
-
104 077
Employee
54 922
-
182 458
-
municipal
16 378
-
54 409
-
national
-
-
24 060
-
total
16 378
-
78 469
-
Employer
54 922
-
182 458
-
pensions
5 937
-
9 132
-
other
6 382
-
9 816
-
unemployment
1 450
-
2 230
-
accident
110
-
169
-
health
3 378
-
5 195
-
total
17 257
-
26 542
-
Corporate
136 822
209 000
-
-
income
30 101
45 980
-
-
total
30 101
45 980
-
-
Dividends
106 721
163 020
-
-
withholding
32 016
48 906
-
-
total
32 016
48 906
-
-
Income
209 000
209 000
209 000
209 000
Total tax
95 752
94 886
105 011
104 077
After tax
113 248
114 114
103 989
104 923
Living cost
38 544
38 544
38 544
38 544
Free-cash
74 704
75 570
65 445
66 379

Estimated living cost  is ₽38544 per week

₽25545
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3782
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽585
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8631
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Stockholm model

Close
Hamburg , Germany
₽65300
₽67510
₽80655
₽92525
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
209 000
trade
-
-
-
27 225
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.

-
-
-
6 392
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.

-
-
-
3 823
income

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

-
-
-
69 505
total
-
-
-
106 945
Employee

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

47 447
-
209 000
-
surtax

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

224
-
3 823
-
income

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

4 077
-
69 505
-
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.

6 392
-
6 392
-
total
10 693
-
79 720
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
161 553
209 000
-
-
trade
26 576
34 381
-
-
income
24 234
31 350
-
-
chamber of commerce
371
439
-
-
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.

1 333
1 724
-
-
total
52 514
67 894
-
-
Dividends
109 040
141 107
-
-
withholding
26 904
34 920
-
-
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.

1 479
1 921
-
-
total
28 383
36 841
-
-
Income
209 000
209 000
209 000
209 000
Total tax
91 590
104 735
79 720
106 945
After tax
117 410
104 265
129 280
102 055
Living cost
36 755
36 755
36 755
36 755
Free-cash
80 655
67 510
92 525
65 300

Estimated living cost  is ₽36755 per week

₽24582
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3876
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽549
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7748
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽110292
₽121977
₽118097
₽108573
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
209 000
health
-
-
-
5 330
social contributions
-
-
-
15 138
income
-
-
-
47 894
total
-
-
-
68 362
Employee
71 944
71 944
197 296
-
social contributions
3 496
5 971
8 054
-
income
7 555
6 660
46 969
-
health
716
1 223
3 354
-
total
11 767
13 854
58 377
-
Employer
71 944
71 944
197 296
-
social contributions
3 496
5 971
8 054
-
health
779
1 332
3 650
-
total
4 275
7 303
11 704
-
Corporate
162 612
129 754
-
-
income
20 326
16 219
-
-
total
20 326
16 219
-
-
Dividends
142 286
113 534
-
-
withholding
24 189
19 301
-
-
total
24 189
19 301
-
-
Income
209 000
209 000
209 000
209 000
Total tax
60 557
56 677
70 081
68 362
After tax
148 443
152 323
138 919
140 638
Living cost
30 346
30 346
30 346
30 346
Free-cash
118 097
121 977
108 573
110 292

Estimated living cost  is ₽30346 per week

₽20745
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2370
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽510
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6722
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽127551
₽100084
₽100444
₽103924
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
209 000
pensions
-
-
-
20 900
health
-
-
-
14 630
unemployment
-
-
-
3 135
income
-
-
-
25 550
total
-
-
-
64 215
Employee

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

The minimum wage is 138,000 HUF per month.

24 878
9 901
174 895
-
pensions
2 488
990
17 490
-
unemployment
373
149
2 623
-
income
3 041
1 210
21 381
-
health
1 741
693
12 243
-
total
7 643
3 042
53 737
-
Employer

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

The minimum wage is 138,000 HUF per month.

24 878
9 901
174 895
-
pensions
4 851
1 931
34 105
-
total
4 851
1 931
34 105
-
Corporate
179 270
197 168
-
-
income
16 134
17 745
-
-
total
16 134
17 745
-
-
Dividends
163 136
179 423
-
-
withholding
30 996
34 090
-
-
social contributions
31 698
34 874
-
-
total
62 694
68 964
-
-
Income
209 000
209 000
209 000
209 000
Total tax
91 322
91 682
87 842
64 215
After tax
117 678
117 318
121 158
144 785
Living cost
17 234
17 234
17 234
17 234
Free-cash
100 444
100 084
103 924
127 551

Estimated living cost  is ₽17234 per week

₽11761
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1410
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽344
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3719
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89425
₽144602
₽138790
₽97865
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
209 000
pensions
-
-
-
41 800
health
-
-
-
27 170
income
-
-
-
28 007
total
-
-
-
96 977
Employee
26 542
-
156 204
-
pensions
531
-
3 125
-
unemployment
424
-
2 500
-
income
2 988
-
30 116
-
total
3 943
-
35 741
-
Employer
26 542
-
156 204
-
pensions
5 309
-
31 240
-
unemployment
213
-
1 250
-
health
3 450
-
20 306
-
total
8 972
-
52 796
-
Corporate
173 487
209 000
-
-
income
34 697
41 800
-
-
total
34 697
41 800
-
-
Dividends
138 790
167 200
-
-
total
-
-
-
-
Income
209 000
209 000
209 000
209 000
Total tax
47 612
41 800
88 537
96 977
After tax
161 388
167 200
120 463
112 023
Living cost
22 598
22 598
22 598
22 598
Free-cash
138 790
144 602
97 865
89 425

Estimated living cost  is ₽22598 per week

₽15500
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1346
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5298
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽121788
-₽4007
₽13717
₽94043
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
209 000
pensions
-
-
-
3 960
health
-
-
-
2 075
other
-
-
-
353
accident
-
-
-
240
income
-
-
-
59 648
total
-
-
-
66 276
Employee
32 933
-
190 660
-
pensions
3 708
-
7 260
-
income
4 518
-
46 591
-
health
3 771
-
21 831
-
total
11 997
-
75 682
-
Employer
32 933
-
190 660
-
pensions
5 355
-
10 484
-
unemployment
807
-
4 671
-
accident
550
-
3 184
-
total
6 712
-
18 339
-
Corporate
169 355
209 000
-
-
income

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

152 420
188 100
-
-
total
152 420
188 100
-
-
Dividends
16 935
20 900
-
-
withholding
3 218
3 971
-
-
total
3 218
3 971
-
-
Income
209 000
209 000
209 000
209 000
Total tax
174 347
192 071
94 021
66 276
After tax
34 653
16 929
114 979
142 724
Living cost
20 936
20 936
20 936
20 936
Free-cash
13 717
-4 007
94 043
121 788

Estimated living cost  is ₽20936 per week

₽15344
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1160
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽437
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3995
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽199278
₽190918
₽189487
₽159568
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
209 000
microenterprise

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

-
-
-
2 090
total
-
-
-
2 090
Employee
9 540
-
209 000
-
income
1 908
-
41 800
-
total
1 908
-
41 800
-
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%.

199 460
209 000
-
-
total
-
-
-
-
Dividends
199 460
209 000
-
-
withholding
9 973
10 450
-
-
total
9 973
10 450
-
-
Income
209 000
209 000
209 000
209 000
Total tax
11 881
10 450
41 800
2 090
After tax
197 119
198 550
167 200
206 910
Living cost
7 632
7 632
7 632
7 632
Free-cash
189 487
190 918
159 568
199 278

Estimated living cost  is ₽7632 per week

₽4730
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽634
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽210
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2058
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽100405
₽128622
₽122304
₽98675
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
209 000
pensions

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

-
-
-
34 146
health
-
-
-
6 260
other
-
-
-
6 758
income
-
-
-
36 501
total
-
-
-
83 665
Employee
33 971
-
172 902
-
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.

2 377
-
9 959
-
unemployment
339
-
1 422
-
income
5 848
-
35 924
-
health
476
-
1 992
-
total
9 040
-
49 297
-
Employer
33 971
-
172 902
-
pensions

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

5 776
-
24 188
-
other
1 699
-
7 113
-
unemployment
339
-
1 422
-
accident
272
-
1 383
-
health
476
-
1 992
-
total
8 562
-
36 098
-
Corporate
166 468
209 000
-
-
income
34 958
43 890
-
-
total
34 958
43 890
-
-
Dividends
131 510
165 110
-
-
withholding
9 206
11 558
-
-
total
9 206
11 558
-
-
Income
209 000
209 000
209 000
209 000
Total tax
61 766
55 448
85 395
83 665
After tax
147 234
153 552
123 605
125 335
Living cost
24 930
24 930
24 930
24 930
Free-cash
122 304
128 622
98 675
100 405

Estimated living cost  is ₽24930 per week

₽17615
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1683
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽401
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5231
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73630
₽70299
₽77695
₽54973
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
209 000
pensions
-
-
-
9 206
income
-
-
-
64 750
total
-
-
-
73 956
Employee
86 891
-
182 137
-
pensions
8 383
-
10 980
-
income
15 663
-
52 312
-
health
1 432
-
2 458
-
total
25 478
-
65 750
-
Employer
86 891
-
182 137
-
pensions
10 259
-
23 403
-
health
1 650
-
3 460
-
total
11 909
-
26 863
-
Corporate
110 199
209 000
-
-
income

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

20 937
39 711
-
-
total
20 937
39 711
-
-
Dividends
89 262
169 289
-
-
withholding
11 567
37 576
-
-
total
11 567
37 576
-
-
Income
209 000
209 000
209 000
209 000
Total tax
69 891
77 287
92 613
73 956
After tax
139 109
131 713
116 387
135 044
Living cost
61 414
61 414
61 414
61 414
Free-cash
77 695
70 299
54 973
73 630

Estimated living cost  is ₽61414 per week

₽46019
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7216
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.
₽7681
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽156658
₽166429
₽162084
₽165333
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
209 000
pensions

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

-
-
-
4 837
health
-
-
-
3 758
unemployment
-
-
-
131
income
-
-
-
31 350
total
-
-
-
40 076
Employee
16 242
-
202 588
-
accident

We are using the highest rate at 1.1%.

179
-
359
-
pensions

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

1 426
-
2 869
-
income
1 624
-
20 259
-
health
747
-
1 503
-
total
3 976
-
24 990
-
Employer
16 242
-
202 588
-
pensions

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

1 790
-
3 601
-
unemployment
97
-
196
-
accident

We are using the highest rate at 1.1%.

179
-
359
-
health
1 121
-
2 255
-
total
3 187
-
6 411
-
Corporate
189 570
209 000
-
-
income
18 957
20 900
-
-
total
18 957
20 900
-
-
Dividends
170 613
188 100
-
-
withholding
8 530
9 405
-
-
total
8 530
9 405
-
-
Income
209 000
209 000
209 000
209 000
Total tax
34 650
30 305
31 401
40 076
After tax
174 350
178 695
177 599
168 924
Living cost
12 266
12 266
12 266
12 266
Free-cash
162 084
166 429
165 333
156 658

Estimated living cost  is ₽12266 per week

₽7161
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽876
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽325
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3904
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60428
₽52252
₽54606
₽81788
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
209 000
pensions
-
-
-
10 962
health
-
-
-
11 537
income
-
-
-
74 192
total
-
-
-
96 691
Employee
86 743
79 897
191 613
-
pensions
10 962
10 962
10 962
-
income

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

13 078
13 078
35 445
-
health
10 822
10 431
11 537
-
total
34 862
34 471
57 944
-
Employer
86 743
79 897
191 613
-
pensions
6 037
5 561
6 912
-
unemployment
3 123
2 876
3 574
-
health
6 028
5 554
6 901
-
total
15 188
13 991
17 387
-
Corporate
107 070
115 112
-
-
income
21 414
23 023
-
-
total
21 414
23 023
-
-
Dividends
85 656
92 089
-
-
withholding
12 847
13 813
-
-
income
18 202
19 569
-
-
total
31 049
33 382
-
-
Income
209 000
209 000
209 000
209 000
Total tax
102 513
104 867
75 331
96 691
After tax
106 487
104 133
133 669
112 309
Living cost
51 881
51 881
51 881
51 881
Free-cash
54 606
52 252
81 788
60 428

Estimated living cost  is ₽51881 per week

₽38271
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4634
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽595
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8382
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99705
₽120656
₽112365
₽90616
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
209 000
health
-
-
-
28 215
social contributions
-
-
-
33 442
solidarity contribution
-
-
-
2 297
income
-
-
-
22 101
total
-
-
-
86 055
Employee
34 177
-
165 475
-
social contributions
2 222
-
7 444
-
income
4 101
-
20 354
-
solidarity contribution
-
-
1 482
-
health
4 614
-
22 339
-
total
10 937
-
51 619
-
Employer
34 177
-
165 475
-
social contributions
8 544
-
28 632
-
health
3 076
-
14 893
-
total
11 620
-
43 525
-
Corporate
163 203
209 000
-
-
income
31 009
39 710
-
-
total
31 009
39 710
-
-
Dividends
132 194
169 290
-
-
withholding
19 829
25 394
-
-
total
19 829
25 394
-
-
Income
209 000
209 000
209 000
209 000
Total tax
73 395
65 104
95 144
86 055
After tax
135 605
143 896
113 856
122 945
Living cost
23 240
23 240
23 240
23 240
Free-cash
112 365
120 656
90 616
99 705

Estimated living cost  is ₽23240 per week

₽16143
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1653
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4987
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61153
₽72031
₽67146
₽53221
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
209 000
municipal
-
-
-
1 298
regional
-
-
-
2 635
social contributions
-
-
-
46 827
national
-
-
-
57 608
total
-
-
-
108 368
Employee
83 151
-
209 000
-
social contributions
28 039
-
61 391
-
municipal
440
-
1 181
-
regional
785
-
2 383
-
national
14 408
-
51 345
-
total
43 672
-
116 300
-
Employer
83 151
-
209 000
-
total
-
-
-
-
Corporate
125 849
209 000
-
-
nationa
30 203
50 159
-
-
municipal
4 907
8 151
-
-
total
35 110
58 310
-
-
Dividends
90 739
150 689
-
-
withholding
23 593
39 180
-
-
total
23 593
39 180
-
-
Income
209 000
209 000
209 000
209 000
Total tax
102 375
97 490
116 300
108 368
After tax
106 625
111 510
92 700
100 632
Living cost
39 479
39 479
39 479
39 479
Free-cash
67 146
72 031
53 221
61 153

Estimated living cost  is ₽39479 per week

₽27520
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2589
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽605
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8764
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77672
₽110814
₽107904
₽71951
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
209 000
pensions
-
-
-
24 974
health
-
-
-
8 865
surtax
-
-
-
11 042
other
-
-
-
-
unemployment
-
-
-
213
income
-
-
-
65 588
total
-
-
-
110 682
Employee
30 940
-
182 716
-
surtax
101
-
9 923
-
pensions
2 063
-
8 329
-
other
-
-
-
-
unemployment
2 154
-
8 691
-
income
5 186
-
59 992
-
health
790
-
3 183
-
total
10 294
-
90 118
-
Employer
30 940
-
182 716
-
pensions
4 124
-
16 645
-
other
-
-
-
-
unemployment
980
-
3 958
-
health
1 408
-
5 682
-
total
6 512
-
26 285
-
Corporate
171 547
209 000
-
-
income
44 602
54 341
-
-
total
44 602
54 341
-
-
Dividends
126 945
154 659
-
-
withholding
19 042
23 199
-
-
total
19 042
23 199
-
-
Income
209 000
209 000
209 000
209 000
Total tax
80 450
77 540
116 403
110 682
After tax
128 550
131 460
92 597
98 318
Living cost
20 646
20 646
20 646
20 646
Free-cash
107 904
110 814
71 951
77 672

Estimated living cost  is ₽20646 per week

₽12624
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1905
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽476
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5641
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93088
₽89757
₽95824
₽74431
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
209 000
pensions
-
-
-
9 206
income
-
-
-
64 750
total
-
-
-
73 956
Employee
58 232
-
182 137
-
pensions
4 943
-
10 980
-
income
10 488
-
52 312
-
health
845
-
2 458
-
total
16 276
-
65 750
-
Employer
58 232
-
182 137
-
pensions
6 304
-
23 403
-
health
1 106
-
3 460
-
total
7 410
-
26 863
-
Corporate
143 358
209 000
-
-
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.

27 239
39 711
-
-
total
27 239
39 711
-
-
Dividends
116 119
169 289
-
-
withholding
20 295
37 576
-
-
total
20 295
37 576
-
-
Income
209 000
209 000
209 000
209 000
Total tax
71 220
77 287
92 613
73 956
After tax
137 780
131 713
116 387
135 044
Living cost
41 956
41 956
41 956
41 956
Free-cash
95 824
89 757
74 431
93 088

Estimated living cost  is ₽41956 per week

₽31433
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3145
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽439
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6939
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽91708
₽20908
₽52852
₽83670
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
209 000
regional
-
-
-
11 475
city
-
-
-
2 203
pensions
-
-
-
19 228
health
-
-
-
470
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.

-
-
-
4 180
national
-
-
-
5 073
total
-
-
-
42 629
Employee
87 375
-
187 870
-
regional
2 861
-
10 160
-
national
414
-
4 107
-
pensions
7 341
-
14 885
-
unemployment
-
-
-
-
city
938
-
2 029
-
health
198
-
422
-
total
11 752
-
31 603
-
Employer
87 375
-
187 870
-
pensions
7 341
-
14 885
-
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.

1 747
-
3 757
-
unemployment
-
-
-
-
health
198
-
422
-
total
9 286
-
19 064
-
Corporate
111 379
209 000
-
-
regional
23 556
44 203
-
-
national
9 467
17 765
-
-
total
33 023
61 968
-
-
Dividends
78 356
147 032
-
-
withholding
27 424
51 461
-
-
total
27 424
51 461
-
-
Income
209 000
209 000
209 000
209 000
Total tax
81 485
113 429
50 667
42 629
After tax
127 515
95 571
158 333
166 371
Living cost
74 663
74 663
74 663
74 663
Free-cash
52 852
20 908
83 670
91 708

Estimated living cost  is ₽74663 per week

₽48552
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6700
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽917
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18494
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽58036
₽60328
₽75500
₽86419
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
209 000
trade
-
-
-
28 383
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.

-
-
-
6 392
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.

-
-
-
3 823
income

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

-
-
-
69 505
total
-
-
-
108 103
Employee

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

56 228
-
209 000
-
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.

364
-
3 823
-
income

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

6 612
-
69 505
-
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.

6 392
-
6 392
-
total
13 368
-
79 720
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
152 772
209 000
-
-
trade
26 201
35 844
-
-
income
22 916
31 350
-
-
chamber of commerce
357
437
-
-
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.

1 261
1 724
-
-
total
50 735
69 355
-
-
Dividends
102 037
139 646
-
-
withholding
25 153
34 556
-
-
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.

1 383
1 900
-
-
total
26 536
36 456
-
-
Income
209 000
209 000
209 000
209 000
Total tax
90 639
105 811
79 720
108 103
After tax
118 361
103 189
129 280
100 897
Living cost
42 861
42 861
42 861
42 861
Free-cash
75 500
60 328
86 419
58 036

Estimated living cost  is ₽42861 per week

₽31304
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3428
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽558
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7572
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82486
₽73326
₽78852
₽76459
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
209 000
pensions
-
-
-
33 055
health
-
-
-
10 218
surtax
-
-
-
-
other
-
-
-
6 479
social contributions
-
-
-
5 955
income
-
-
-
38 797
total
-
-
-
94 504
Employee
40 043
-
159 483
-
social contributions
1 142
-
4 543
-
surtax
-
-
-
-
pensions
4 528
-
12 031
-
income
2 363
-
34 440
-
total
8 033
-
51 014
-
Employer
40 043
-
159 483
-
pensions
6 578
-
20 087
-
social contributions
121
-
478
-
other
1 381
-
6 623
-
unemployment
1 621
-
6 459
-
health
2 804
-
15 870
-
total
12 505
-
49 517
-
Corporate
156 453
209 000
-
-
income
43 807
58 520
-
-
surtax
-
-
-
-
total
43 807
58 520
-
-
Dividends
112 646
150 480
-
-
withholding
14 419
19 261
-
-
surtax
-
-
-
-
social contributions
19 374
25 883
-
-
total
33 793
45 144
-
-
Income
209 000
209 000
209 000
209 000
Total tax
98 138
103 664
100 531
94 504
After tax
110 862
105 336
108 469
114 496
Living cost
32 010
32 010
32 010
32 010
Free-cash
78 852
73 326
76 459
82 486

Estimated living cost  is ₽32010 per week

₽20184
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2603
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8680
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85657
₽76497
₽81693
₽79630
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
209 000
pensions
-
-
-
33 055
health
-
-
-
10 218
surtax
-
-
-
-
other
-
-
-
6 479
social contributions
-
-
-
5 955
income
-
-
-
38 797
total
-
-
-
94 504
Employee
35 744
-
159 483
-
social contributions
1 019
-
4 543
-
surtax
-
-
-
-
pensions
4 043
-
12 031
-
income
1 843
-
34 440
-
total
6 905
-
51 014
-
Employer
35 744
-
159 483
-
pensions
5 873
-
20 087
-
social contributions
107
-
478
-
other
1 234
-
6 623
-
unemployment
1 447
-
6 459
-
health
2 502
-
15 870
-
total
11 163
-
49 517
-
Corporate
162 094
209 000
-
-
income
45 387
58 520
-
-
surtax
-
-
-
-
total
45 387
58 520
-
-
Dividends
116 707
150 480
-
-
withholding
14 939
19 261
-
-
surtax
-
-
-
-
social contributions
20 074
25 883
-
-
total
35 013
45 144
-
-
Income
209 000
209 000
209 000
209 000
Total tax
98 468
103 664
100 531
94 504
After tax
110 532
105 336
108 469
114 496
Living cost
28 839
28 839
28 839
28 839
Free-cash
81 693
76 497
79 630
85 657

Estimated living cost  is ₽28839 per week

₽16725
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2930
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8638
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽114381
₽107670
₽108156
₽108772
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
209 000
health
-
-
-
14 587
social contributions
-
-
-
28 843
income
-
-
-
31 350
total
-
-
-
74 780
Employee
31 723
-
209 000
-
social contributions
4 378
-
28 843
-
income
5 291
-
36 959
-
health
2 214
-
14 587
-
total
11 883
-
80 389
-
Employer
31 723
-
209 000
-
total
-
-
-
-
Corporate
177 277
209 000
-
-
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%.

8 863
10 451
-
-
total
8 863
10 451
-
-
Dividends
168 414
198 549
-
-
withholding
25 262
29 782
-
-
social contributions
23 241
27 399
-
-
health
11 756
13 859
-
-
total
60 259
71 040
-
-
Income
209 000
209 000
209 000
209 000
Total tax
81 005
81 491
80 389
74 780
After tax
127 995
127 509
128 611
134 220
Living cost
19 839
19 839
19 839
19 839
Free-cash
108 156
107 670
108 772
114 381

Estimated living cost  is ₽19839 per week

₽13277
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.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4881
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74125
₽82251
₽80802
₽21842
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
209 000
pensions
-
-
-
20 221
health
-
-
-
8 361
surtax
-
-
-
185
unemployment
-
-
-
5 738
income
-
-
-
66 567
chamber of commerce
-
-
-
836
total
-
-
-
101 908
Employee
46 757
37 285
172 728
-
pensions
4 789
3 817
11 193
-
other
467
373
1 094
-
unemployment
1 403
1 119
3 279
-
income
5 323
2 750
55 830
-
health
1 809
1 443
4 229
-
total
13 791
9 502
75 625
-
Employer
46 757
37 285
172 728
-
payroll
1 403
1 119
5 183
-
chamber of commerce
186
149
691
-
pensions
5 868
4 680
13 717
-
surtax
185
185
185
-
other
2 221
1 770
7 665
-
unemployment
1 403
1 119
3 279
-
accident
607
485
1 420
-
health
1 767
1 410
4 132
-
total
13 640
10 917
36 272
-
Corporate
148 603
160 799
169 177
-
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.

37 150
40 199
42 294
-
total
37 150
40 199
42 294
-
Dividends
111 453
120 600
-
-
withholding
30 650
33 164
-
-
total
30 650
33 164
-
-
Income
209 000
209 000
209 000
209 000
Total tax
95 231
93 782
154 191
101 908
After tax
113 769
115 218
54 809
107 092
Living cost
32 967
32 967
32 967
32 967
Free-cash
80 802
82 251
21 842
74 125

Estimated living cost  is ₽32967 per week

₽21988
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2812
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽542
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7626
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56782
₽80661
₽68650
₽37007
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
209 000
social contributions
-
-
-
23 326
communal

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

-
-
-
11 141
national
-
-
-
83 638
total
-
-
-
118 105
Employee

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

66 925
-
161 873
-
national
20 575
-
61 159
-
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.

5 019
-
12 141
-
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.

582
-
1 408
-
communal

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

3 491
-
8 442
-
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.

3 144
-
7 608
-
total
32 811
-
90 758
-
Employer

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

66 925
-
161 873
-
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.

5 930
-
14 342
-
surtax
7 588
-
18 355
-
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.

977
-
2 363
-
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.

870
-
2 106
-
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.

4 116
-
9 955
-
total
19 481
-
47 121
-
Corporate
122 595
209 000
-
-
income
24 520
44 631
-
-
surtax
490
893
-
-
total
25 010
45 524
-
-
Dividends
97 585
163 476
-
-
withholding

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

28 935
48 702
-
-
total
28 935
48 702
-
-
Income
209 000
209 000
209 000
209 000
Total tax
106 237
94 226
137 879
118 105
After tax
102 763
114 774
71 121
90 895
Living cost
34 114
34 114
34 114
34 114
Free-cash
68 650
80 661
37 007
56 782

Estimated living cost  is ₽34114 per week

₽21973
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2983
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽534
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8624
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83007
₽104990
₽98583
₽79081
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
209 000
pensions
-
-
-
24 541
other
-
-
-
87
unemployment
-
-
-
607
accident
-
-
-
781
income
-
-
-
66 188
total
-
-
-
92 204
Employee
46 572
-
181 354
-
pensions
2 189
-
4 077
-
other
46
-
87
-
unemployment
723
-
1 344
-
income
9 826
-
62 976
-
total
12 784
-
68 484
-
Employer
46 572
-
181 354
-
pensions
10 990
-
20 466
-
other
371
-
694
-
unemployment
2 562
-
4 769
-
accident
921
-
1 717
-
total
14 844
-
27 646
-
Corporate
147 583
209 000
-
-
income

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

22 137
31 350
-
-
total
22 137
31 350
-
-
Dividends
125 446
177 650
-
-
withholding
26 863
38 871
-
-
total
26 863
38 871
-
-
Income
209 000
209 000
209 000
209 000
Total tax
76 628
70 221
96 130
92 204
After tax
132 372
138 779
112 870
116 796
Living cost
33 789
33 789
33 789
33 789
Free-cash
98 583
104 990
79 081
83 007

Estimated living cost  is ₽33789 per week

₽24882
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2397
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.
₽6022
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47537
₽67634
₽54777
₽55870
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
209 000
pensions
-
-
-
31 327
health
-
-
-
14 683
surtax
-
-
-
10 362
accident
-
-
-
1 761
communal
-
-
-
13 210
income
-
-
-
39 275
total
-
-
-
110 618
Employee
70 853
-
186 691
-
surtax
4 343
-
11 441
-
pensions
5 667
-
14 935
-
income
6 844
-
45 292
-
health
3 153
-
8 308
-
total
20 007
-
79 976
-
Employer
70 853
-
186 691
-
pensions
5 667
-
14 935
-
accident
637
-
1 680
-
health
2 161
-
5 694
-
total
8 465
-
22 309
-
Corporate
129 682
209 000
-
-
communal
8 753
14 108
-
-
income
19 452
31 350
-
-
surtax
1 362
2 195
-
-
total
29 567
47 653
-
-
Dividends
100 114
161 348
-
-
withholding
15 017
24 202
-
-
income
30 322
18 666
-
-
total
45 339
42 868
-
-
Income
209 000
209 000
209 000
209 000
Total tax
103 378
90 521
102 285
110 618
After tax
105 622
118 479
106 715
98 382
Living cost
50 845
50 845
50 845
50 845
Free-cash
54 777
67 634
55 870
47 537

Estimated living cost  is ₽50845 per week

₽38141
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3080
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽538
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9083
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77303
₽110445
₽107469
₽71582
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
209 000
pensions
-
-
-
24 974
health
-
-
-
8 865
surtax
-
-
-
11 042
other
-
-
-
-
unemployment
-
-
-
213
income
-
-
-
65 588
total
-
-
-
110 682
Employee
31 508
-
182 716
-
surtax
112
-
9 923
-
pensions
2 102
-
8 329
-
other
-
-
-
-
unemployment
2 193
-
8 691
-
income
5 282
-
59 992
-
health
804
-
3 183
-
total
10 493
-
90 118
-
Employer
31 508
-
182 716
-
pensions
4 201
-
16 645
-
other
-
-
-
-
unemployment
1 000
-
3 958
-
health
1 433
-
5 682
-
total
6 634
-
26 285
-
Corporate
170 859
209 000
-
-
income
44 423
54 341
-
-
total
44 423
54 341
-
-
Dividends
126 436
154 659
-
-
withholding
18 966
23 199
-
-
total
18 966
23 199
-
-
Income
209 000
209 000
209 000
209 000
Total tax
80 516
77 540
116 403
110 682
After tax
128 484
131 460
92 597
98 318
Living cost
21 015
21 015
21 015
21 015
Free-cash
107 469
110 445
71 582
77 303

Estimated living cost  is ₽21015 per week

₽12688
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1827
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6014
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74771
₽84654
₽82574
₽66884
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
209 000
municipal
-
-
-
1 298
regional
-
-
-
3 293
social contributions
-
-
-
46 827
national
-
-
-
57 608
total
-
-
-
109 026
Employee
51 900
-
209 000
-
social contributions
17 501
-
61 391
-
municipal
275
-
1 181
-
regional
699
-
2 996
-
national
8 222
-
51 345
-
total
26 697
-
116 913
-
Employer
51 900
-
209 000
-
total
-
-
-
-
Corporate
157 100
209 000
-
-
nationa
37 704
50 159
-
-
municipal
7 809
10 387
-
-
total
45 513
60 546
-
-
Dividends
111 588
148 454
-
-
withholding
29 013
38 597
-
-
total
29 013
38 597
-
-
Income
209 000
209 000
209 000
209 000
Total tax
101 223
99 143
116 913
109 026
After tax
107 777
109 857
92 087
99 974
Living cost
25 203
25 203
25 203
25 203
Free-cash
82 574
84 654
66 884
74 771

Estimated living cost  is ₽25203 per week

₽15674
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2553
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽431
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6544
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94307
₽115258
₽105041
₽85218
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
209 000
health
-
-
-
28 215
social contributions
-
-
-
33 442
solidarity contribution
-
-
-
2 297
income
-
-
-
22 101
total
-
-
-
86 055
Employee
42 115
-
165 475
-
social contributions
2 737
-
7 444
-
income
5 054
-
20 354
-
solidarity contribution
-
-
1 482
-
health
5 686
-
22 339
-
total
13 477
-
51 619
-
Employer
42 115
-
165 475
-
social contributions
10 529
-
28 632
-
health
3 790
-
14 893
-
total
14 319
-
43 525
-
Corporate
152 566
209 000
-
-
income
28 988
39 710
-
-
total
28 988
39 710
-
-
Dividends
123 578
169 290
-
-
withholding
18 537
25 394
-
-
total
18 537
25 394
-
-
Income
209 000
209 000
209 000
209 000
Total tax
75 321
65 104
95 144
86 055
After tax
133 679
143 896
113 856
122 945
Living cost
28 638
28 638
28 638
28 638
Free-cash
105 041
115 258
85 218
94 307

Estimated living cost  is ₽28638 per week

₽21297
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1586
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5259
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77428
₽85469
₽85007
₽25007
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
209 000
pensions
-
-
-
20 221
health
-
-
-
8 361
surtax
-
-
-
-
unemployment
-
-
-
5 738
income
-
-
-
66 567
chamber of commerce
-
-
-
836
total
-
-
-
101 723
Employee
40 898
37 285
172 901
-
pensions
4 188
3 817
11 193
-
other
408
373
1 094
-
unemployment
1 227
1 119
3 279
-
income
3 643
2 750
55 914
-
health
1 582
1 443
4 229
-
total
11 048
9 502
75 709
-
Employer
40 898
37 285
172 901
-
payroll
1 227
1 119
5 186
-
chamber of commerce
163
149
692
-
pensions
5 133
4 680
13 717
-
surtax
-
-
-
-
other
1 942
1 770
7 672
-
unemployment
1 227
1 119
3 279
-
accident
531
485
1 420
-
health
1 546
1 410
4 132
-
total
11 769
10 732
36 098
-
Corporate
156 332
160 984
169 350
-
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.

39 084
40 245
42 337
-
total
39 084
40 245
42 337
-
Dividends
117 248
120 739
-
-
withholding
32 243
33 203
-
-
total
32 243
33 203
-
-
Income
209 000
209 000
209 000
209 000
Total tax
94 144
93 682
154 144
101 723
After tax
114 856
115 318
54 856
107 277
Living cost
29 849
29 849
29 849
29 849
Free-cash
85 007
85 469
25 007
77 428

Estimated living cost  is ₽29849 per week

₽17906
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3049
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽533
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8363
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽195017
₽186657
₽184427
₽155307
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
209 000
microenterprise

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

-
-
-
2 090
total
-
-
-
2 090
Employee
14 866
-
209 000
-
income
2 973
-
41 800
-
total
2 973
-
41 800
-
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%.

194 134
209 000
-
-
total
-
-
-
-
Dividends
194 134
209 000
-
-
withholding
9 707
10 450
-
-
total
9 707
10 450
-
-
Income
209 000
209 000
209 000
209 000
Total tax
12 680
10 450
41 800
2 090
After tax
196 320
198 550
167 200
206 910
Living cost
11 893
11 893
11 893
11 893
Free-cash
184 427
186 657
155 307
195 017

Estimated living cost  is ₽11893 per week

₽8048
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽499
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽399
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2946
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72092
₽118801
₽110975
₽67555
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
209 000
pensions
-
-
-
38 168
health
-
-
-
20 566
unemployment
-
-
-
314
income
-
-
-
52 765
total
-
-
-
111 813
Employee

The minimum monthly earnings used to calculate contributions are 54% (gradually rising by two percent until reaching 60% by 2021) of the insured's average monthly wage in the last year.

41 373
-
180 842
-
pensions
6 413
-
28 031
-
unemployment
59
-
254
-
income
7 135
-
48 225
-
health
2 672
-
11 683
-
total
16 279
-
88 193
-
Employer

The minimum monthly earnings used to calculate contributions are 54% (gradually rising by two percent until reaching 60% by 2021) of the insured's average monthly wage in the last year.

41 373
-
180 842
-
pensions
3 661
-
16 004
-
unemployment
25
-
108
-
health
2 756
-
12 045
-
total
6 442
-
28 157
-
Corporate
161 186
209 000
-
-
income
30 625
39 711
-
-
total
30 625
39 711
-
-
Dividends
130 560
169 289
-
-
withholding
19 584
25 393
-
-
total
19 584
25 393
-
-
Income
209 000
209 000
209 000
209 000
Total tax
72 930
65 104
116 350
111 813
After tax
136 070
143 896
92 650
97 187
Living cost
25 095
25 095
25 095
25 095
Free-cash
110 975
118 801
67 555
72 092

Estimated living cost  is ₽25095 per week

₽17222
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1609
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.
₽5779
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽103634
₽86354
₽41374
₽155758
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
209 000
social contributions
-
-
-
23 826
income
-
-
-
40 738
total
-
-
-
64 564
Employee
58 504
-
-
-
social contributions
4 797
-
684
-
income
12 905
-
-
-
total
17 702
-
684
-
Employer
58 504
-
-
-
social contributions
82 491
-
11 756
-
total
82 491
-
11 756
-
Corporate
68 005
209 000
-
-
income
14 961
45 980
-
-
total
14 961
45 980
-
-
Dividends
53 044
163 020
-
-
income
11 670
35 864
-
-
total
11 670
35 864
-
-
Income
209 000
209 000
209 000
209 000
Total tax
126 824
81 844
12 440
64 564
After tax
82 176
127 156
196 560
144 436
Living cost
40 802
40 802
40 802
40 802
Free-cash
41 374
86 354
155 758
103 634

Estimated living cost  is ₽40802 per week

₽26474
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3837
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9971
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79745
₽89533
₽88589
₽63482
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
209 000
surtax
-
-
-
-
social contributions

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

-
-
-
72 628
income
-
-
-
27 280
total
-
-
-
99 908
Employee
43 031
-
168 888
-
social contributions
4 733
-
18 577
-
surtax
-
-
206
-
income
8 951
-
57 278
-
total
13 684
-
76 061
-
Employer
43 031
-
168 888
-
social contributions
10 220
-
40 110
-
total
10 220
-
40 110
-
Corporate
155 750
209 000
-
-
income
32 708
43 890
-
-
surtax
-
-
-
-
total
32 708
43 890
-
-
Dividends
123 041
165 110
-
-
withholding
34 452
46 230
-
-
total
34 452
46 230
-
-
Income
209 000
209 000
209 000
209 000
Total tax
91 064
90 120
116 171
99 908
After tax
117 936
118 880
92 829
109 092
Living cost
29 347
29 347
29 347
29 347
Free-cash
88 589
89 533
63 482
79 745

Estimated living cost  is ₽29347 per week

₽21958
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1731
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽5168
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69307
₽60147
₽66579
₽63280
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
209 000
pensions
-
-
-
33 055
health
-
-
-
10 218
surtax
-
-
-
-
other
-
-
-
6 479
social contributions
-
-
-
5 955
income
-
-
-
38 797
total
-
-
-
94 504
Employee
58 599
-
159 483
-
social contributions
1 669
-
4 543
-
surtax
-
-
-
-
pensions
6 628
-
12 031
-
income
5 113
-
34 440
-
total
13 410
-
51 014
-
Employer
58 599
-
159 483
-
pensions
9 628
-
20 087
-
social contributions
176
-
478
-
other
2 022
-
6 623
-
unemployment
2 374
-
6 459
-
health
4 101
-
15 870
-
total
18 301
-
49 517
-
Corporate
132 099
209 000
-
-
income
36 987
58 520
-
-
surtax
-
-
-
-
total
36 987
58 520
-
-
Dividends
95 112
150 480
-
-
withholding
12 175
19 261
-
-
surtax
-
-
-
-
social contributions
16 359
25 883
-
-
total
28 534
45 144
-
-
Income
209 000
209 000
209 000
209 000
Total tax
97 232
103 664
100 531
94 504
After tax
111 768
105 336
108 469
114 496
Living cost
45 189
45 189
45 189
45 189
Free-cash
66 579
60 147
63 280
69 307

Estimated living cost  is ₽45189 per week

₽30583
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3697
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽620
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10289
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽124275
₽159977
₽156833
₽129829
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
209 000
social contributions
-
-
-
45 980
income
-
-
-
10 621
total
-
-
-
56 601
Employee
30 079
-
180 953
-
social contributions
1 955
-
11 763
-
income
-
-
11 237
-
total
1 955
-
23 000
-
Employer
30 079
-
180 953
-
social contributions
4 662
-
28 047
-
total
4 662
-
28 047
-
Corporate
174 259
209 000
-
-
income
17 426
20 899
-
-
total
17 426
20 899
-
-
Dividends
156 832
188 101
-
-
total
-
-
-
-
Income
209 000
209 000
209 000
209 000
Total tax
24 043
20 899
51 047
56 601
After tax
184 957
188 101
157 953
152 399
Living cost
28 124
28 124
28 124
28 124
Free-cash
156 833
159 977
129 829
124 275

Estimated living cost  is ₽28124 per week

₽18185
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2120
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.
₽7290
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75690
₽5378
₽3062
₽5378
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
209 000
municipal
-
-
-
44 854
pensions
-
-
-
810
labour market
-
-
-
16 655
national
-
-
-
25 982
total
-
-
-
88 301
Employee
189 972
189 972
189 972
-
municipal
40 453
40 453
40 453
-
national
23 209
23 209
23 209
-
pensions
270
270
270
-
labour market
15 176
15 176
15 176
-
total
79 108
79 108
79 108
-
Employer
189 972
189 972
189 972
-
labour market
15 198
15 198
15 198
-
pensions
540
540
540
-
municipal
40 518
40 518
40 518
-
national
23 249
23 249
23 249
-
total
79 505
79 505
79 505
-
Corporate
5 378
-
-
-
income
1 183
-
-
-
total
1 183
-
-
-
Dividends
4 195
-
-
-
withholding
1 133
-
-
-
total
1 133
-
-
-
Income
209 000
209 000
209 000
209 000
Total tax
160 929
158 613
158 613
88 301
After tax
48 071
50 387
50 387
120 699
Living cost
45 009
45 009
45 009
45 009
Free-cash
3 062
5 378
5 378
75 690

Estimated living cost  is ₽45009 per week

₽30805
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3982
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽692
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9530
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽122097
-₽3698
₽13765
₽94352
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
209 000
pensions
-
-
-
3 960
health
-
-
-
2 075
other
-
-
-
353
accident
-
-
-
240
income
-
-
-
59 648
total
-
-
-
66 276
Employee
32 447
-
190 660
-
pensions
3 654
-
7 260
-
income
4 451
-
46 591
-
health
3 715
-
21 831
-
total
11 820
-
75 682
-
Employer
32 447
-
190 660
-
pensions
5 276
-
10 484
-
unemployment
795
-
4 671
-
accident
542
-
3 184
-
total
6 613
-
18 339
-
Corporate
169 940
209 000
-
-
income

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

152 946
188 100
-
-
total
152 946
188 100
-
-
Dividends
16 994
20 900
-
-
withholding
3 229
3 971
-
-
total
3 229
3 971
-
-
Income
209 000
209 000
209 000
209 000
Total tax
174 608
192 071
94 021
66 276
After tax
34 392
16 929
114 979
142 724
Living cost
20 627
20 627
20 627
20 627
Free-cash
13 765
-3 698
94 352
122 097

Estimated living cost  is ₽20627 per week

₽15014
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1176
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽387
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4050
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92459
₽92297
₽95185
₽68519
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
209 000
municipal
-
-
-
37 111
health
-
-
-
2 828
national
-
-
-
40 681
total
-
-
-
80 620
Employee
49 224
-
175 821
-
municipal
8 063
-
28 621
-
national
813
-
25 939
-
pensions
3 322
-
11 867
-
unemployment
739
-
2 637
-
health
368
-
2 317
-
total
13 305
-
71 381
-
Employer
49 224
-
175 821
-
pensions
8 540
-
30 505
-
unemployment
320
-
1 143
-
accident
50
-
176
-
health
378
-
1 355
-
total
9 288
-
33 179
-
Corporate
150 488
209 000
-
-
income
30 098
41 800
-
-
total
30 098
41 800
-
-
Dividends

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

90 292
125 400
-
-
municipal
16 253
22 572
-
-
national
8 950
16 410
-
-
total
25 203
38 982
-
-
Income
209 000
209 000
209 000
209 000
Total tax
77 894
80 782
104 560
80 620
After tax
131 106
128 218
104 440
128 380
Living cost
35 921
35 921
35 921
35 921
Free-cash
95 185
92 297
68 519
92 459

Estimated living cost  is ₽35921 per week

₽23463
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3455
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽572
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8432
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽118976
₽130661
₽125569
₽117257
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
209 000
health
-
-
-
5 330
social contributions
-
-
-
15 138
income
-
-
-
47 894
total
-
-
-
68 362
Employee
71 944
71 944
197 296
-
social contributions
2 720
5 971
8 054
-
income
7 833
6 660
46 969
-
health
558
1 223
3 354
-
total
11 111
13 854
58 377
-
Employer
71 944
71 944
197 296
-
social contributions
2 720
5 971
8 054
-
health
605
1 332
3 650
-
total
3 325
7 303
11 704
-
Corporate
172 902
129 754
-
-
income
21 613
16 219
-
-
total
21 613
16 219
-
-
Dividends
151 289
113 534
-
-
withholding
25 720
19 301
-
-
total
25 720
19 301
-
-
Income
209 000
209 000
209 000
209 000
Total tax
61 769
56 677
70 081
68 362
After tax
147 231
152 323
138 919
140 638
Living cost
21 662
21 662
21 662
21 662
Free-cash
125 569
130 661
117 257
118 976

Estimated living cost  is ₽21662 per week

₽12982
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2125
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽479
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6076
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽163152
₽158217
₽153457
₽144385
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
209 000
pensions
-
-
-
5 951
health
-
-
-
3 386
unemployment
-
-
-
27
income
-
-
-
21 629
total
-
-
-
30 993
Employee

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

21 475
-
199 856
-
pensions
3 221
-
13 316
-
unemployment
107
-
444
-
income
1 468
-
19 310
-
health
1 825
-
7 546
-
total
6 621
-
40 616
-
Employer

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

21 475
-
199 856
-
pensions
1 181
-
4 883
-
unemployment
107
-
444
-
health
923
-
3 817
-
total
2 211
-
9 144
-
Corporate
185 314
209 000
-
-
income
16 679
18 810
-
-
total
16 679
18 810
-
-
Dividends
168 635
190 190
-
-
withholding
15 177
17 118
-
-
total
15 177
17 118
-
-
Income
209 000
209 000
209 000
209 000
Total tax
40 688
35 928
49 760
30 993
After tax
168 312
173 072
159 240
178 007
Living cost
14 855
14 855
14 855
14 855
Free-cash
153 457
158 217
144 385
163 152

Estimated living cost  is ₽14855 per week

₽9478
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1071
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽442
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3863
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91068
₽113051
₽108919
₽87142
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
209 000
pensions
-
-
-
24 541
other
-
-
-
87
unemployment
-
-
-
607
accident
-
-
-
781
income
-
-
-
66 188
total
-
-
-
92 204
Employee
34 595
-
181 354
-
pensions
1 626
-
4 077
-
other
34
-
87
-
unemployment
536
-
1 344
-
income
6 670
-
62 976
-
total
8 866
-
68 484
-
Employer
34 595
-
181 354
-
pensions
8 164
-
20 466
-
other
277
-
694
-
unemployment
1 903
-
4 769
-
accident
685
-
1 717
-
total
11 029
-
27 646
-
Corporate
163 376
209 000
-
-
income

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

24 507
31 350
-
-
total
24 507
31 350
-
-
Dividends
138 869
177 650
-
-
withholding
29 951
38 871
-
-
total
29 951
38 871
-
-
Income
209 000
209 000
209 000
209 000
Total tax
74 353
70 221
96 130
92 204
After tax
134 647
138 779
112 870
116 796
Living cost
25 728
25 728
25 728
25 728
Free-cash
108 919
113 051
87 142
91 068

Estimated living cost  is ₽25728 per week

₽17366
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2473
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5438
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Valencia model

Close
Istanbul , Turkey
₽132960
₽128595
₽128296
₽132830
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
209 000
pensions
-
-
-
1 328
health
-
-
-
963
income
-
-
-
71 928
total
-
-
-
74 219
Employee
2 773
-
207 506
-
pensions
250
-
598
-
unemployment
28
-
66
-
income
536
-
71 859
-
health
139
-
332
-
total
953
-
72 855
-
Employer
2 773
-
207 506
-
pensions
305
-
730
-
unemployment
55
-
133
-
health
263
-
631
-
total
623
-
1 494
-
Corporate
205 603
209 000
-
-
income
45 233
45 980
-
-
total
45 233
45 980
-
-
Dividends
160 370
163 020
-
-
withholding
32 074
32 604
-
-
total
32 074
32 604
-
-
Income
209 000
209 000
209 000
209 000
Total tax
78 883
78 584
74 349
74 219
After tax
130 117
130 416
134 651
134 781
Living cost
1 821
1 821
1 821
1 821
Free-cash
128 296
128 595
132 830
132 960

Estimated living cost  is ₽1821 per week

₽1082
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽148
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽42
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽549
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽118356
₽134828
₽130226
₽118356
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
209 000
pensions
-
-
-
17 971
health
-
-
-
7 119
unemployment
-
-
-
1 037
income
-
-
-
48 343
total
-
-
-
74 470
Employee

The minimum tax base for social security contributions are defined by the Law on Mandatory Social Insurance Contributions and is fixed at 35% of an average monthly salary published in Serbia. The maximum tax base for social security contributions is capped at five times the average monthly salary published by the official statistics in Serbia at the moment of salary payment.

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

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

24 390
-
196 628
-
pensions
3 415
-
9 677
-
unemployment
183
-
518
-
income
3 362
-
48 343
-
health
1 256
-
3 560
-
total
8 216
-
62 098
-
Employer

The minimum tax base for social security contributions are defined by the Law on Mandatory Social Insurance Contributions and is fixed at 35% of an average monthly salary published in Serbia. The maximum tax base for social security contributions is capped at five times the average monthly salary published by the official statistics in Serbia at the moment of salary payment.

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

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

24 390
-
196 628
-
pensions
2 927
-
8 294
-
unemployment
183
-
518
-
health
1 256
-
3 560
-
total
4 366
-
12 372
-
Corporate
180 244
209 000
-
-
income
27 037
31 350
-
-
total
27 037
31 350
-
-
Dividends
153 207
177 650
-
-
withholding
22 981
26 648
-
-
total
22 981
26 648
-
-
Income
209 000
209 000
209 000
209 000
Total tax
62 600
57 998
74 470
74 470
After tax
146 400
151 002
134 530
134 530
Living cost
16 174
16 174
16 174
16 174
Free-cash
130 226
134 828
118 356
118 356

Estimated living cost  is ₽16174 per week

₽10890
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1251
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3565
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83869
₽93657
₽93319
₽67606
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
209 000
surtax
-
-
-
-
social contributions

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

-
-
-
72 628
income
-
-
-
27 280
total
-
-
-
99 908
Employee
36 313
-
168 888
-
social contributions
3 995
-
18 577
-
surtax
-
-
206
-
income
7 095
-
57 278
-
total
11 090
-
76 061
-
Employer
36 313
-
168 888
-
social contributions
8 624
-
40 110
-
total
8 624
-
40 110
-
Corporate
164 063
209 000
-
-
income
34 453
43 890
-
-
surtax
-
-
-
-
total
34 453
43 890
-
-
Dividends
129 610
165 110
-
-
withholding
36 291
46 230
-
-
total
36 291
46 230
-
-
Income
209 000
209 000
209 000
209 000
Total tax
90 458
90 120
116 171
99 908
After tax
118 542
118 880
92 829
109 092
Living cost
25 223
25 223
25 223
25 223
Free-cash
93 319
93 657
67 606
83 869

Estimated living cost  is ₽25223 per week

₽17865
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1752
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽447
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5160
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83915
₽105898
₽99775
₽79989
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
209 000
pensions
-
-
-
24 541
other
-
-
-
87
unemployment
-
-
-
607
accident
-
-
-
781
income
-
-
-
66 188
total
-
-
-
92 204
Employee
45 186
-
181 354
-
pensions
2 123
-
4 077
-
other
44
-
87
-
unemployment
700
-
1 344
-
income
9 438
-
62 976
-
total
12 305
-
68 484
-
Employer
45 186
-
181 354
-
pensions
10 664
-
20 466
-
other
362
-
694
-
unemployment
2 486
-
4 769
-
accident
895
-
1 717
-
total
14 407
-
27 646
-
Corporate
149 408
209 000
-
-
income

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

22 412
31 350
-
-
total
22 412
31 350
-
-
Dividends
126 996
177 650
-
-
withholding
27 220
38 871
-
-
total
27 220
38 871
-
-
Income
209 000
209 000
209 000
209 000
Total tax
76 344
70 221
96 130
92 204
After tax
132 656
138 779
112 870
116 796
Living cost
32 881
32 881
32 881
32 881
Free-cash
99 775
105 898
79 989
83 915

Estimated living cost  is ₽32881 per week

₽23614
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.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6248
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Madrid model

Close
Sofia , Bulgaria
₽152830
₽162601
₽156901
₽161505
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
209 000
pensions

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

-
-
-
4 837
health
-
-
-
3 758
unemployment
-
-
-
131
income
-
-
-
31 350
total
-
-
-
40 076
Employee
21 311
-
202 588
-
accident

We are using the highest rate at 1.1%.

234
-
359
-
pensions

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

1 871
-
2 869
-
income
2 131
-
20 259
-
health
980
-
1 503
-
total
5 216
-
24 990
-
Employer
21 311
-
202 588
-
pensions

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

2 348
-
3 601
-
unemployment
128
-
196
-
accident

We are using the highest rate at 1.1%.

234
-
359
-
health
1 471
-
2 255
-
total
4 181
-
6 411
-
Corporate
183 508
209 000
-
-
income
18 350
20 900
-
-
total
18 350
20 900
-
-
Dividends
165 157
188 100
-
-
withholding
8 258
9 405
-
-
total
8 258
9 405
-
-
Income
209 000
209 000
209 000
209 000
Total tax
36 005
30 305
31 401
40 076
After tax
172 995
178 695
177 599
168 924
Living cost
16 094
16 094
16 094
16 094
Free-cash
156 901
162 601
161 505
152 830

Estimated living cost  is ₽16094 per week

₽10644
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽921
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽384
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4145
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69410
₽71367
₽83610
₽93159
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
209 000
trade
-
-
-
23 749
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.

-
-
-
6 392
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.

-
-
-
3 823
income

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

-
-
-
69 505
total
-
-
-
103 469
Employee

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

46 552
-
209 000
-
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.

211
-
3 823
-
income

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

3 828
-
69 505
-
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.

6 392
-
6 392
-
total
10 431
-
79 720
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
162 448
209 000
-
-
trade
23 310
29 992
-
-
income
24 367
31 350
-
-
chamber of commerce
380
449
-
-
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.

1 340
1 724
-
-
total
49 397
63 515
-
-
Dividends
113 050
145 485
-
-
withholding
27 907
36 016
-
-
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.

1 534
1 981
-
-
total
29 441
37 997
-
-
Income
209 000
209 000
209 000
209 000
Total tax
89 269
101 512
79 720
103 469
After tax
119 731
107 488
129 280
105 531
Living cost
36 121
36 121
36 121
36 121
Free-cash
83 610
71 367
93 159
69 410

Estimated living cost  is ₽36121 per week

₽24917
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3887
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6793
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51675
₽93004
₽95070
₽51675
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
209 000
social contributions
-
-
-
35 893
income
-
-
-
68 136
total
-
-
-
104 029
Employee
73 185
-
209 000
-
social contributions
6 080
-
35 893
-
income
13 810
-
68 136
-
total
19 890
-
104 029
-
Employer
73 185
-
209 000
-
total
-
-
-
-
Corporate
135 815
209 000
-
-
income
16 977
26 125
-
-
total
16 977
26 125
-
-
Dividends
118 837
182 875
-
-
withholding
23 767
36 575
-
-
total
23 767
36 575
-
-
Income
209 000
209 000
209 000
209 000
Total tax
60 634
62 700
104 029
104 029
After tax
148 366
146 300
104 971
104 971
Living cost
53 296
53 296
53 296
53 296
Free-cash
95 070
93 004
51 675
51 675

Estimated living cost  is ₽53296 per week

₽40547
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4343
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽510
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7897
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽137949
₽96944
₽100215
₽111943
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
209 000
health

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

-
-
-
5 738
income
-
-
-
31 350
total
-
-
-
37 088
Employee
42 920
-
204 696
-
social contributions
4 300
-
4 304
-
income
4 657
-
54 486
-
total
8 957
-
58 790
-
Employer
42 920
-
204 696
-
social contributions
4 300
-
4 304
-
total
4 300
-
4 304
-
Corporate
161 780
209 000
-
-
income
56 622
73 150
-
-
total
56 622
73 150
-
-
Dividends
105 157
135 850
-
-
social contributions
4 943
4 943
-
-
total
4 943
4 943
-
-
Income
209 000
209 000
209 000
209 000
Total tax
74 822
78 093
63 094
37 088
After tax
134 178
130 907
145 906
171 912
Living cost
33 963
33 963
33 963
33 963
Free-cash
100 215
96 944
111 943
137 949

Estimated living cost  is ₽33963 per week

₽22371
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2677
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8393
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽100935
₽97604
₽103042
₽82278
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
209 000
pensions
-
-
-
9 206
income
-
-
-
64 750
total
-
-
-
73 956
Employee
46 820
-
182 137
-
pensions
3 573
-
10 980
-
income
8 526
-
52 312
-
health
611
-
2 458
-
total
12 710
-
65 750
-
Employer
46 820
-
182 137
-
pensions
4 730
-
23 403
-
health
890
-
3 460
-
total
5 620
-
26 863
-
Corporate
156 560
209 000
-
-
income

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

29 747
39 711
-
-
total
29 747
39 711
-
-
Dividends
126 814
169 289
-
-
withholding
23 772
37 576
-
-
total
23 772
37 576
-
-
Income
209 000
209 000
209 000
209 000
Total tax
71 849
77 287
92 613
73 956
After tax
137 151
131 713
116 387
135 044
Living cost
34 109
34 109
34 109
34 109
Free-cash
103 042
97 604
82 278
100 935

Estimated living cost  is ₽34109 per week

₽23399
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3137
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽427
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7145
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽120055
-₽5740
₽13452
₽92310
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
209 000
pensions
-
-
-
3 960
health
-
-
-
2 075
other
-
-
-
353
accident
-
-
-
240
income
-
-
-
59 648
total
-
-
-
66 276
Employee
35 659
-
190 660
-
pensions
4 015
-
7 260
-
income
4 892
-
46 591
-
health
4 083
-
21 831
-
total
12 990
-
75 682
-
Employer
35 659
-
190 660
-
pensions
5 798
-
10 484
-
unemployment
874
-
4 671
-
accident
595
-
3 184
-
total
7 267
-
18 339
-
Corporate
166 074
209 000
-
-
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.

149 467
188 100
-
-
total
149 467
188 100
-
-
Dividends
16 607
20 900
-
-
withholding
3 155
3 971
-
-
total
3 155
3 971
-
-
Income
209 000
209 000
209 000
209 000
Total tax
172 879
192 071
94 021
66 276
After tax
36 121
16 929
114 979
142 724
Living cost
22 669
22 669
22 669
22 669
Free-cash
13 452
-5 740
92 310
120 055

Estimated living cost  is ₽22669 per week

₽16637
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1321
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4255
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽120181
₽147270
₽144444
₽140717
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
209 000
pensions
-
-
-
27 481
health insurance
-
-
-
11 052
work injury
-
-
-
747
unemployment
-
-
-
1 792
income
-
-
-
35 132
total
-
-
-
76 204
Employee

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

20 184
-
209 000
-
pensions
3 714
-
13 741
-
health insurance
1 494
-
5 526
-
unemployment
242
-
896
-
income
2 018
-
35 132
-
work injury
101
-
373
-
total
7 569
-
55 668
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
188 816
209 000
-
-
income

Macedonia has a simplified tax regime. Before 3,000,000 MKD per annum you will be taxed at 0%, and before 6,000,000 MKD it is 1%.

18 882
20 900
-
-
total
18 882
20 900
-
-
Dividends
169 935
188 100
-
-
withholding
25 490
28 215
-
-
total
25 490
28 215
-
-
Income
209 000
209 000
209 000
209 000
Total tax
51 941
49 115
55 668
76 204
After tax
157 059
159 885
153 332
132 796
Living cost
12 615
12 615
12 615
12 615
Free-cash
144 444
147 270
140 717
120 181

Estimated living cost  is ₽12615 per week

₽7815
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽917
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽394
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3490
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60746
₽72816
₽68559
₽53061
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
209 000
municipal
-
-
-
1 459
regional
-
-
-
5 088
social contributions
-
-
-
46 827
national
-
-
-
57 608
total
-
-
-
110 982
Employee
78 840
-
209 000
-
social contributions
26 584
-
61 391
-
municipal
471
-
1 328
-
regional
1 190
-
4 603
-
national
13 323
-
51 345
-
total
41 568
-
118 667
-
Employer
78 840
-
209 000
-
total
-
-
-
-
Corporate
130 160
209 000
-
-
nationa
31 238
50 159
-
-
municipal
6 275
10 074
-
-
total
37 513
60 233
-
-
Dividends
92 647
148 766
-
-
withholding
24 088
38 679
-
-
total
24 088
38 679
-
-
Income
209 000
209 000
209 000
209 000
Total tax
103 169
98 912
118 667
110 982
After tax
105 831
110 088
90 333
98 018
Living cost
37 272
37 272
37 272
37 272
Free-cash
68 559
72 816
53 061
60 746

Estimated living cost  is ₽37272 per week

₽26181
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2564
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽563
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7963
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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