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
₽100691
₽76542
₽74736
₽87060
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 496
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.

-
-
-
69 205
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.

-
-
-
3 806
trade
-
-
-
25 955
total
-
-
-
105 462
Employee

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

36 370
-
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.

56
-
3 806
-
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.

1 016
-
69 205
-
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.

6 496
-
6 496
-
total
7 568
-
79 507
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
172 630
209 000
-
-
chamber of commerce
392
444
-
-
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.

1 424
1 725
-
-
trade
27 189
32 918
-
-
income
25 895
31 350
-
-
total
54 900
66 437
-
-
Dividends
117 730
142 563
-
-
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.

1 599
1 940
-
-
withholding
29 071
35 279
-
-
total
30 670
37 219
-
-
Income
209 000
209 000
209 000
209 000
Total tax
93 138
103 656
79 507
105 462
After tax
115 862
105 344
129 493
103 538
Living cost
28 802
28 802
28 802
28 802
Free-cash
87 060
76 542
100 691
74 736

Estimated living cost  is ₽28802 per week

₽18117
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3358
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.
₽6789
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70943
₽80160
₽69820
₽79326
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
209 000
social contributions
-
-
-
2 247
pensions
-
-
-
25 080
national
-
-
-
38 458
municipal
-
-
-
23 139
total
-
-
-
88 924
Employee
77 906
-
180 679
-
municipal
9 623
-
23 948
-
national
14 911
-
40 230
-
pensions
3 116
-
7 227
-
total
27 650
-
71 405
-
Employer
77 906
-
180 679
-
pensions
6 232
-
14 454
-
social contributions
837
-
1 942
-
total
7 069
-
16 396
-
Corporate
118 882
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%.

23 776
41 800
-
-
total
23 776
41 800
-
-
Dividends
95 106
167 200
-
-
withholding
20 923
36 784
-
-
total
20 923
36 784
-
-
Income
209 000
209 000
209 000
209 000
Total tax
79 418
78 584
87 801
88 924
After tax
129 582
130 416
121 199
120 076
Living cost
50 256
50 256
50 256
50 256
Free-cash
79 326
80 160
70 943
69 820

Estimated living cost  is ₽50256 per week

₽34158
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4672
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽752
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10674
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70825
₽147417
₽55904
₽139616
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions

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

-
-
-
36 433
income
-
-
-
43 585
surtax
-
-
-
53 295
microenterprise
-
-
-
-
total
-
-
-
133 313
Employee
27 786
-
163 694
-
surtax
-
-
23 735
-
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.

3 057
-
12 466
-
income
4 946
-
36 884
-
total
8 003
-
73 085
-
Employer
27 786
-
163 694
-
surtax
-
-
18 006
-
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.

6 693
-
27 301
-
total
6 693
-
45 307
-
Corporate
174 521
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%.

34 905
41 800
-
-
total
34 905
41 800
-
-
Dividends

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

139 616
167 200
-
-
total
-
-
-
-
Income
209 000
209 000
209 000
209 000
Total tax
49 601
41 800
118 392
133 313
After tax
159 399
167 200
90 608
75 687
Living cost
19 783
19 783
19 783
19 783
Free-cash
139 616
147 417
70 825
55 904

Estimated living cost  is ₽19783 per week

₽12621
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1884
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4829
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93839
₽64257
₽72663
₽58431
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 726
income
-
-
-
73 635
pensions
-
-
-
11 141
total
-
-
-
96 502
Employee
81 204
81 204
191 328
-
income

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

13 292
13 292
34 787
-
pensions
14 617
11 141
11 141
-
health
12 464
10 602
11 726
-
total
40 373
35 035
57 654
-
Employer
81 204
81 204
191 328
-
unemployment
2 923
2 923
3 633
-
health
5 645
5 645
7 014
-
pensions
5 652
5 652
7 025
-
total
14 220
14 220
17 672
-
Corporate
114 573
113 577
-
-
income
22 914
22 715
-
-
total
22 914
22 715
-
-
Dividends
91 659
90 861
-
-
income
19 478
19 308
-
-
withholding
13 749
13 630
-
-
total
33 227
32 938
-
-
Income
209 000
209 000
209 000
209 000
Total tax
110 734
104 908
75 326
96 502
After tax
98 266
104 092
133 674
112 498
Living cost
39 835
39 835
39 835
39 835
Free-cash
58 431
64 257
93 839
72 663

Estimated living cost  is ₽39835 per week

₽28230
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3591
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽633
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7381
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64872
₽74807
₽65826
₽73925
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
10 010
health
-
-
-
5 375
accident
-
-
-
172
pensions
-
-
-
9 312
national
-
-
-
24 030
unemployment
-
-
-
86
municipal
-
-
-
54 882
total
-
-
-
103 867
Employee
56 008
-
181 933
-
municipal
16 702
-
54 252
-
national
-
-
23 503
-
total
16 702
-
77 755
-
Employer
56 008
-
181 933
-
other
6 508
-
10 010
-
unemployment
1 479
-
2 274
-
health
3 444
-
5 298
-
accident
112
-
172
-
pensions
6 054
-
9 312
-
total
17 597
-
27 066
-
Corporate
135 394
209 000
-
-
income
29 787
45 980
-
-
total
29 787
45 980
-
-
Dividends
105 607
163 020
-
-
withholding
31 682
48 906
-
-
total
31 682
48 906
-
-
Income
209 000
209 000
209 000
209 000
Total tax
95 768
94 886
104 821
103 867
After tax
113 232
114 114
104 179
105 133
Living cost
39 307
39 307
39 307
39 307
Free-cash
73 925
74 807
64 872
65 826

Estimated living cost  is ₽39307 per week

₽26051
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3857
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽597
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8802
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92137
₽66913
₽65029
₽80274
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 496
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.

-
-
-
69 205
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.

-
-
-
3 806
trade
-
-
-
27 108
total
-
-
-
106 615
Employee

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

48 222
-
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.

227
-
3 806
-
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.

4 143
-
69 205
-
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.

6 496
-
6 496
-
total
10 866
-
79 507
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
160 778
209 000
-
-
chamber of commerce
374
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.

1 326
1 725
-
-
trade
26 447
34 380
-
-
income
24 118
31 350
-
-
total
52 265
67 897
-
-
Dividends
108 513
141 103
-
-
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.

1 472
1 920
-
-
withholding
26 767
34 914
-
-
total
28 239
36 834
-
-
Income
209 000
209 000
209 000
209 000
Total tax
91 370
104 731
79 507
106 615
After tax
117 630
104 269
129 493
102 385
Living cost
37 356
37 356
37 356
37 356
Free-cash
80 274
66 913
92 137
65 029

Estimated living cost  is ₽37356 per week

₽24984
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3939
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.
₽7875
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽108207
₽121489
₽109932
₽117546
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 385
health
-
-
-
5 329
income
-
-
-
47 511
total
-
-
-
68 225
Employee
73 120
73 120
197 168
-
social contributions
3 553
6 069
8 185
-
income
7 678
6 769
46 582
-
health
727
1 243
3 351
-
total
11 958
14 081
58 118
-
Employer
73 120
73 120
197 168
-
health
792
1 353
3 647
-
social contributions
3 553
6 069
8 185
-
total
4 345
7 422
11 832
-
Corporate
161 853
128 458
-
-
income
20 232
16 057
-
-
total
20 232
16 057
-
-
Dividends
141 621
112 401
-
-
withholding
24 076
19 108
-
-
total
24 076
19 108
-
-
Income
209 000
209 000
209 000
209 000
Total tax
60 611
56 668
69 950
68 225
After tax
148 389
152 332
139 050
140 775
Living cost
30 843
30 843
30 843
30 843
Free-cash
117 546
121 489
108 207
109 932

Estimated living cost  is ₽30843 per week

₽21084
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2409
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽518
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6832
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽103681
₽99845
₽127308
₽100210
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 630
income
-
-
-
25 550
pensions
-
-
-
20 900
unemployment
-
-
-
3 135
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.

25 229
10 041
174 895
-
income
3 084
1 227
21 381
-
pensions
2 523
1 004
17 490
-
health
1 766
703
12 243
-
unemployment
378
151
2 623
-
total
7 751
3 085
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.

25 229
10 041
174 895
-
pensions
4 920
1 958
34 105
-
total
4 920
1 958
34 105
-
Corporate
178 851
197 001
-
-
income
16 097
17 730
-
-
total
16 097
17 730
-
-
Dividends
162 755
179 271
-
-
social contributions
31 622
34 843
-
-
withholding
30 923
34 062
-
-
total
62 545
68 905
-
-
Income
209 000
209 000
209 000
209 000
Total tax
91 313
91 678
87 842
64 215
After tax
117 687
117 322
121 158
144 785
Living cost
17 477
17 477
17 477
17 477
Free-cash
100 210
99 845
103 681
127 308

Estimated living cost  is ₽17477 per week

₽11927
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1430
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽349
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3771
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Budapest model

Close
Tallinn , Estonia
₽97498
₽144232
₽89055
₽138323
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
27 171
income
-
-
-
28 006
pensions
-
-
-
41 800
total
-
-
-
96 977
Employee
26 976
-
156 201
-
income
3 037
-
30 116
-
pensions
540
-
3 124
-
unemployment
431
-
2 499
-
total
4 008
-
35 739
-
Employer
26 976
-
156 201
-
unemployment
217
-
1 249
-
health
3 506
-
20 306
-
pensions
5 396
-
31 240
-
total
9 119
-
52 795
-
Corporate
172 906
209 000
-
-
income
34 582
41 800
-
-
total
34 582
41 800
-
-
Dividends
138 324
167 200
-
-
total
-
-
-
-
Income
209 000
209 000
209 000
209 000
Total tax
47 709
41 800
88 534
96 977
After tax
161 291
167 200
120 466
112 023
Living cost
22 968
22 968
22 968
22 968
Free-cash
138 323
144 232
97 498
89 055

Estimated living cost  is ₽22968 per week

₽15754
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1368
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5385
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93919
-₽4103
₽121695
₽13704
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
354
health
-
-
-
2 085
accident
-
-
-
241
income
-
-
-
59 615
pensions
-
-
-
3 978
total
-
-
-
66 273
Employee
33 085
-
190 614
-
income
4 539
-
46 544
-
pensions
3 725
-
7 294
-
health
3 788
-
21 825
-
total
12 052
-
75 663
-
Employer
33 085
-
190 614
-
unemployment
811
-
4 670
-
accident
552
-
3 183
-
pensions
5 380
-
10 533
-
total
6 743
-
18 386
-
Corporate
169 172
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.

152 255
188 100
-
-
total
152 255
188 100
-
-
Dividends
16 917
20 900
-
-
withholding
3 214
3 971
-
-
total
3 214
3 971
-
-
Income
209 000
209 000
209 000
209 000
Total tax
174 264
192 071
94 049
66 273
After tax
34 736
16 929
114 951
142 727
Living cost
21 032
21 032
21 032
21 032
Free-cash
13 704
-4 103
93 919
121 695

Estimated living cost  is ₽21032 per week

₽15415
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1165
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.
₽4014
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽159235
₽190585
₽198945
₽189092
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 956
-
209 000
-
income
1 991
-
41 800
-
total
1 991
-
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%.

199 044
209 000
-
-
total
-
-
-
-
Dividends
199 044
209 000
-
-
withholding
9 952
10 450
-
-
total
9 952
10 450
-
-
Income
209 000
209 000
209 000
209 000
Total tax
11 943
10 450
41 800
2 090
After tax
197 057
198 550
167 200
206 910
Living cost
7 965
7 965
7 965
7 965
Free-cash
189 092
190 585
159 235
198 945

Estimated living cost  is ₽7965 per week

₽4936
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽662
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽219
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2148
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97746
₽128214
₽99484
₽121791
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
6 868
health
-
-
-
6 363
income
-
-
-
36 242
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.

-
-
-
34 705
total
-
-
-
84 178
Employee
34 526
-
172 339
-
income
5 944
-
35 663
-
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.

2 416
-
10 122
-
health
484
-
2 025
-
unemployment
345
-
1 445
-
total
9 189
-
49 255
-
Employer
34 526
-
172 339
-
other
1 727
-
7 229
-
unemployment
345
-
1 445
-
health
484
-
2 025
-
accident
276
-
1 379
-
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.

5 870
-
24 583
-
total
8 702
-
36 661
-
Corporate
165 772
209 000
-
-
income
34 813
43 890
-
-
total
34 813
43 890
-
-
Dividends
130 959
165 110
-
-
withholding
9 167
11 558
-
-
total
9 167
11 558
-
-
Income
209 000
209 000
209 000
209 000
Total tax
61 871
55 448
85 916
84 178
After tax
147 129
153 552
123 084
124 822
Living cost
25 338
25 338
25 338
25 338
Free-cash
121 791
128 214
97 746
99 484

Estimated living cost  is ₽25338 per week

₽17903
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1711
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5316
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53533
₽69038
₽72216
₽76643
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
64 257
pensions
-
-
-
9 352
total
-
-
-
73 609
Employee
89 383
-
182 178
-
income
16 112
-
51 803
-
health
1 473
-
2 476
-
pensions
8 623
-
11 191
-
total
26 208
-
65 470
-
Employer
89 383
-
182 178
-
health
1 698
-
3 462
-
pensions
10 554
-
23 360
-
total
12 252
-
26 822
-
Corporate
107 366
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.

20 400
39 710
-
-
total
20 400
39 710
-
-
Dividends
86 966
169 290
-
-
withholding
10 322
37 077
-
-
total
10 322
37 077
-
-
Income
209 000
209 000
209 000
209 000
Total tax
69 182
76 787
92 292
73 609
After tax
139 818
132 213
116 708
135 391
Living cost
63 175
63 175
63 175
63 175
Free-cash
76 643
69 038
53 533
72 216

Estimated living cost  is ₽63175 per week

₽47338
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7423
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽514
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7901
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽165080
₽166292
₽156425
₽161898
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 800
income
-
-
-
31 350
pensions

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

-
-
-
4 890
unemployment
-
-
-
132
total
-
-
-
40 172
Employee
16 423
-
202 517
-
income
1 642
-
20 251
-
accident

We are using the highest rate at 1.1%.

181
-
363
-
pensions

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

1 442
-
2 901
-
health
755
-
1 520
-
total
4 020
-
25 035
-
Employer
16 423
-
202 517
-
unemployment
98
-
198
-
health
1 134
-
2 280
-
accident

We are using the highest rate at 1.1%.

181
-
363
-
pensions

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

1 810
-
3 641
-
total
3 223
-
6 482
-
Corporate
189 355
209 000
-
-
income
18 935
20 900
-
-
total
18 935
20 900
-
-
Dividends
170 419
188 100
-
-
withholding
8 521
9 405
-
-
total
8 521
9 405
-
-
Income
209 000
209 000
209 000
209 000
Total tax
34 699
30 305
31 517
40 172
After tax
174 301
178 695
177 483
168 828
Living cost
12 403
12 403
12 403
12 403
Free-cash
161 898
166 292
165 080
156 425

Estimated living cost  is ₽12403 per week

₽7241
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽886
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽329
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3948
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80945
₽51363
₽59769
₽53757
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 726
income
-
-
-
73 635
pensions
-
-
-
11 141
total
-
-
-
96 502
Employee
88 161
81 204
191 328
-
income

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

13 292
13 292
34 787
-
pensions
11 141
11 141
11 141
-
health
10 999
10 602
11 726
-
total
35 432
35 035
57 654
-
Employer
88 161
81 204
191 328
-
unemployment
3 174
2 923
3 633
-
health
6 126
5 645
7 014
-
pensions
6 135
5 652
7 025
-
total
15 435
14 220
17 672
-
Corporate
105 403
113 577
-
-
income
21 080
22 715
-
-
total
21 080
22 715
-
-
Dividends
84 322
90 861
-
-
income
17 919
19 308
-
-
withholding
12 648
13 630
-
-
total
30 567
32 938
-
-
Income
209 000
209 000
209 000
209 000
Total tax
102 514
104 908
75 326
96 502
After tax
106 486
104 092
133 674
112 498
Living cost
52 729
52 729
52 729
52 729
Free-cash
53 757
51 363
80 945
59 769

Estimated living cost  is ₽52729 per week

₽38897
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4710
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.
₽8519
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90283
₽120456
₽99350
₽112094
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
33 729
health
-
-
-
28 215
income
-
-
-
22 058
solidarity contribution
-
-
-
2 208
total
-
-
-
86 210
Employee
34 470
-
165 250
-
social contributions
2 241
-
7 508
-
solidarity contribution
-
-
1 395
-
income
4 136
-
20 315
-
health
4 654
-
22 309
-
total
11 031
-
51 527
-
Employer
34 470
-
165 250
-
health
3 102
-
14 872
-
social contributions
8 618
-
28 878
-
total
11 720
-
43 750
-
Corporate
162 810
209 000
-
-
income
30 934
39 710
-
-
total
30 934
39 710
-
-
Dividends
131 876
169 290
-
-
withholding
19 781
25 394
-
-
total
19 781
25 394
-
-
Income
209 000
209 000
209 000
209 000
Total tax
73 466
65 104
95 277
86 210
After tax
135 534
143 896
113 723
122 790
Living cost
23 440
23 440
23 440
23 440
Free-cash
112 094
120 456
90 283
99 350

Estimated living cost  is ₽23440 per week

₽16282
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1668
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5030
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52230
₽71384
₽60290
₽66421
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
47 593
national
-
-
-
57 081
regional
-
-
-
2 619
municipal
-
-
-
1 292
total
-
-
-
108 585
Employee
84 511
-
209 000
-
social contributions
28 497
-
62 395
-
municipal
448
-
1 173
-
national
14 644
-
50 714
-
regional
797
-
2 363
-
total
44 386
-
116 645
-
Employer
84 511
-
209 000
-
total
-
-
-
-
Corporate
124 489
209 000
-
-
nationa
29 878
50 160
-
-
municipal
4 854
8 151
-
-
total
34 732
58 311
-
-
Dividends
89 757
150 689
-
-
withholding
23 336
39 180
-
-
total
23 336
39 180
-
-
Income
209 000
209 000
209 000
209 000
Total tax
102 454
97 491
116 645
108 585
After tax
106 546
111 509
92 355
100 415
Living cost
40 125
40 125
40 125
40 125
Free-cash
66 421
71 384
52 230
60 290

Estimated living cost  is ₽40125 per week

₽27970
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2631
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽615
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8907
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71557
₽110478
₽77370
₽107518
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
-
health
-
-
-
9 010
income
-
-
-
65 122
pensions
-
-
-
25 382
surtax
-
-
-
10 916
unemployment
-
-
-
217
total
-
-
-
110 647
Employee
31 446
-
182 286
-
surtax
103
-
9 777
-
income
5 271
-
59 436
-
other
-
-
-
-
pensions
2 097
-
8 465
-
health
803
-
3 236
-
unemployment
2 189
-
8 833
-
total
10 463
-
89 747
-
Employer
31 446
-
182 286
-
other
-
-
-
-
unemployment
996
-
4 022
-
health
1 431
-
5 774
-
pensions
4 192
-
16 917
-
total
6 619
-
26 713
-
Corporate
170 935
209 000
-
-
income
44 444
54 340
-
-
total
44 444
54 340
-
-
Dividends
126 491
154 660
-
-
withholding
18 973
23 199
-
-
total
18 973
23 199
-
-
Income
209 000
209 000
209 000
209 000
Total tax
80 499
77 539
116 460
110 647
After tax
128 501
131 461
92 540
98 353
Living cost
20 983
20 983
20 983
20 983
Free-cash
107 518
110 478
71 557
77 370

Estimated living cost  is ₽20983 per week

₽12830
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1936
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5733
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73549
₽89054
₽92232
₽95296
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
64 257
pensions
-
-
-
9 352
total
-
-
-
73 609
Employee
59 902
-
182 178
-
income
10 789
-
51 803
-
health
870
-
2 476
-
pensions
5 084
-
11 191
-
total
16 743
-
65 470
-
Employer
59 902
-
182 178
-
health
1 138
-
3 462
-
pensions
6 484
-
23 360
-
total
7 622
-
26 822
-
Corporate
141 476
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.

26 880
39 710
-
-
total
26 880
39 710
-
-
Dividends
114 596
169 290
-
-
withholding
19 300
37 077
-
-
total
19 300
37 077
-
-
Income
209 000
209 000
209 000
209 000
Total tax
70 545
76 787
92 292
73 609
After tax
138 455
132 213
116 708
135 391
Living cost
43 159
43 159
43 159
43 159
Free-cash
95 296
89 054
73 549
92 232

Estimated living cost  is ₽43159 per week

₽32335
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3235
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.
₽7138
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽81946
₽19099
₽90198
₽51821
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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
health
-
-
-
469
pensions
-
-
-
19 228
city
-
-
-
2 204
national
-
-
-
4 900
regional
-
-
-
11 350
total
-
-
-
42 331
Employee
89 491
-
187 743
-
national
424
-
3 918
-
city
960
-
2 025
-
pensions
7 518
-
15 015
-
health
202
-
422
-
regional
2 930
-
10 011
-
unemployment
-
-
-
-
total
12 034
-
31 391
-
Employer
89 491
-
187 743
-
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.

1 789
-
3 755
-
unemployment
-
-
-
-
health
202
-
422
-
pensions
7 518
-
15 015
-
total
9 509
-
19 192
-
Corporate
109 015
209 000
-
-
regional
23 056
44 203
-
-
national
9 266
17 765
-
-
total
32 322
61 968
-
-
Dividends
76 693
147 032
-
-
withholding
26 843
51 462
-
-
total
26 843
51 462
-
-
Income
209 000
209 000
209 000
209 000
Total tax
80 708
113 430
50 583
42 331
After tax
128 292
95 570
158 417
166 669
Living cost
76 471
76 471
76 471
76 471
Free-cash
51 821
19 099
81 946
90 198

Estimated living cost  is ₽76471 per week

₽49728
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6862
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽939
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18941
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽85931
₽59632
₽57670
₽75051
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 496
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.

-
-
-
69 205
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.

-
-
-
3 806
trade
-
-
-
28 261
total
-
-
-
107 768
Employee

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

57 148
-
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.

370
-
3 806
-
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.

6 720
-
69 205
-
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.

6 496
-
6 496
-
total
13 586
-
79 507
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
151 852
209 000
-
-
chamber of commerce
357
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.

1 252
1 725
-
-
trade
26 043
35 843
-
-
income
22 779
31 350
-
-
total
50 431
69 357
-
-
Dividends
101 421
139 643
-
-
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.

1 375
1 900
-
-
withholding
24 995
34 549
-
-
total
26 370
36 449
-
-
Income
209 000
209 000
209 000
209 000
Total tax
90 387
105 806
79 507
107 768
After tax
118 613
103 194
129 493
101 232
Living cost
43 562
43 562
43 562
43 562
Free-cash
75 051
59 632
85 931
57 670

Estimated living cost  is ₽43562 per week

₽31816
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3485
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽567
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7696
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76448
₽72801
₽82262
₽78419
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
6 478
social contributions
-
-
-
5 955
health
-
-
-
10 132
income
-
-
-
38 327
pensions
-
-
-
33 312
surtax
-
-
-
-
total
-
-
-
94 204
Employee
40 697
-
159 634
-
surtax
-
-
-
-
social contributions
1 160
-
4 549
-
income
2 402
-
34 121
-
pensions
4 602
-
11 980
-
total
8 164
-
50 650
-
Employer
40 697
-
159 634
-
other
1 404
-
6 602
-
unemployment
1 648
-
6 466
-
health
2 849
-
15 811
-
pensions
6 686
-
20 011
-
social contributions
123
-
478
-
total
12 710
-
49 368
-
Corporate
155 593
209 000
-
-
surtax
-
-
-
-
income
43 567
58 521
-
-
total
43 567
58 521
-
-
Dividends
112 027
150 479
-
-
social contributions
19 267
25 882
-
-
surtax
-
-
-
-
withholding
14 339
19 262
-
-
total
33 606
45 144
-
-
Income
209 000
209 000
209 000
209 000
Total tax
98 047
103 665
100 018
94 204
After tax
110 953
105 335
108 982
114 796
Living cost
32 534
32 534
32 534
32 534
Free-cash
78 419
72 801
76 448
82 262

Estimated living cost  is ₽32534 per week

₽20514
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2645
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽554
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8822
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79672
₽76025
₽85486
₽81308
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
6 478
social contributions
-
-
-
5 955
health
-
-
-
10 132
income
-
-
-
38 327
pensions
-
-
-
33 312
surtax
-
-
-
-
total
-
-
-
94 204
Employee
36 328
-
159 634
-
surtax
-
-
-
-
social contributions
1 036
-
4 549
-
income
1 873
-
34 121
-
pensions
4 109
-
11 980
-
total
7 018
-
50 650
-
Employer
36 328
-
159 634
-
other
1 254
-
6 602
-
unemployment
1 471
-
6 466
-
health
2 543
-
15 811
-
pensions
5 969
-
20 011
-
social contributions
108
-
478
-
total
11 345
-
49 368
-
Corporate
161 327
209 000
-
-
surtax
-
-
-
-
income
45 171
58 521
-
-
total
45 171
58 521
-
-
Dividends
116 156
150 479
-
-
social contributions
19 980
25 882
-
-
surtax
-
-
-
-
withholding
14 868
19 262
-
-
total
34 848
45 144
-
-
Income
209 000
209 000
209 000
209 000
Total tax
98 382
103 665
100 018
94 204
After tax
110 618
105 335
108 982
114 796
Living cost
29 310
29 310
29 310
29 310
Free-cash
81 308
76 025
79 672
85 486

Estimated living cost  is ₽29310 per week

₽16999
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2977
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8779
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽108527
₽107345
₽114056
₽107838
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 842
health
-
-
-
14 588
income
-
-
-
31 350
total
-
-
-
74 780
Employee
32 241
-
209 000
-
social contributions
4 450
-
28 842
-
income
5 377
-
36 879
-
health
2 250
-
14 588
-
total
12 077
-
80 309
-
Employer
32 241
-
209 000
-
total
-
-
-
-
Corporate
176 759
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%.

8 839
10 450
-
-
total
8 839
10 450
-
-
Dividends
167 920
198 550
-
-
social contributions
23 174
27 400
-
-
withholding
25 188
29 782
-
-
health
11 720
13 859
-
-
total
60 082
71 041
-
-
Income
209 000
209 000
209 000
209 000
Total tax
80 998
81 491
80 309
74 780
After tax
128 002
127 509
128 691
134 220
Living cost
20 164
20 164
20 164
20 164
Free-cash
107 838
107 345
108 527
114 056

Estimated living cost  is ₽20164 per week

₽13494
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1243
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽464
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4961
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21337
₽81734
₽73643
₽80264
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 498
income
-
-
-
65 946
chamber of commerce
-
-
-
835
pensions
-
-
-
20 552
surtax
-
-
-
188
unemployment
-
-
-
5 832
total
-
-
-
101 851
Employee
47 522
37 895
172 368
-
income
5 410
2 795
55 215
-
other
475
379
1 112
-
pensions
4 867
3 880
11 376
-
health
1 839
1 467
4 298
-
unemployment
1 426
1 137
3 333
-
total
14 017
9 658
75 334
-
Employer
47 522
37 895
172 368
-
other
2 257
1 799
7 666
-
unemployment
1 426
1 137
3 333
-
health
1 796
1 433
4 199
-
surtax
188
188
188
-
accident
617
493
1 444
-
pensions
5 964
4 757
13 942
-
payroll
1 426
1 137
5 172
-
chamber of commerce
189
152
689
-
total
13 863
11 096
36 633
-
Corporate
147 616
160 011
168 759
-
income

The minimum corporate income for a GmbH is €1,1750 for a year. However, for GmbHs founded after 30 June 2013, the amount is reduced to €500 for the first five years and €1000 for the next five years.

Минимальный корпоративный налог для GmbH €1,1750 в год. Если GmbHs основана после 30 Июня 2013 эта сумма сниже до €500 в первые 5 лет и €1000 для следующих пяти лет.

36 904
40 003
42 190
-
total
36 904
40 003
42 190
-
Dividends
110 711
120 008
-
-
withholding
30 446
33 003
-
-
total
30 446
33 003
-
-
Income
209 000
209 000
209 000
209 000
Total tax
95 230
93 760
154 157
101 851
After tax
113 770
115 240
54 843
107 149
Living cost
33 506
33 506
33 506
33 506
Free-cash
80 264
81 734
21 337
73 643

Estimated living cost  is ₽33506 per week

₽22347
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2858
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7750
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36594
₽80295
₽56206
₽67868
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 708
communal

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

-
-
-
11 118
national
-
-
-
83 297
total
-
-
-
118 123
Employee

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

68 019
-
161 878
-
national
20 912
-
61 011
-
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.

5 101
-
12 141
-
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.

3 196
-
7 610
-
communal

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

3 548
-
8 443
-
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.

592
-
1 408
-
total
33 349
-
90 613
-
Employer

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

68 019
-
161 878
-
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.

992
-
2 364
-
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.

4 183
-
9 956
-
surtax
7 713
-
18 356
-
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.

884
-
2 104
-
pensions

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

6 027
-
14 342
-
total
19 799
-
47 122
-
Corporate
121 182
209 000
-
-
surtax
485
888
-
-
income
24 237
44 370
-
-
total
24 722
45 258
-
-
Dividends
96 460
163 742
-
-
withholding

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

28 591
48 776
-
-
total
28 591
48 776
-
-
Income
209 000
209 000
209 000
209 000
Total tax
106 461
94 034
137 735
118 123
After tax
102 539
114 966
71 265
90 877
Living cost
34 671
34 671
34 671
34 671
Free-cash
67 868
80 295
36 594
56 206

Estimated living cost  is ₽34671 per week

₽22333
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3032
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽543
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8765
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78495
₽104470
₽82485
₽97957
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
88
accident
-
-
-
794
income
-
-
-
65 733
pensions
-
-
-
24 942
unemployment
-
-
-
617
total
-
-
-
92 174
Employee
47 334
-
180 902
-
income
9 987
-
62 468
-
other
47
-
88
-
pensions
2 225
-
4 143
-
unemployment
734
-
1 366
-
total
12 993
-
68 065
-
Employer
47 334
-
180 902
-
other
377
-
706
-
unemployment
2 604
-
4 847
-
accident
937
-
1 745
-
pensions
11 170
-
20 801
-
total
15 088
-
28 099
-
Corporate
146 578
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.

21 986
31 350
-
-
total
21 986
31 350
-
-
Dividends
124 592
177 650
-
-
withholding
26 635
38 839
-
-
total
26 635
38 839
-
-
Income
209 000
209 000
209 000
209 000
Total tax
76 702
70 189
96 164
92 174
After tax
132 298
138 811
112 836
116 826
Living cost
34 341
34 341
34 341
34 341
Free-cash
97 957
104 470
78 495
82 485

Estimated living cost  is ₽34341 per week

₽25289
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2436
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6121
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55342
₽67095
₽47008
₽54034
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 683
accident
-
-
-
1 761
income
-
-
-
38 974
pensions
-
-
-
31 327
communal
-
-
-
13 209
surtax
-
-
-
10 362
total
-
-
-
110 316
Employee
72 011
-
186 689
-
surtax
4 414
-
11 441
-
income
6 956
-
44 990
-
pensions
5 760
-
14 934
-
health
3 205
-
8 308
-
total
20 335
-
79 673
-
Employer
72 011
-
186 689
-
health
2 196
-
5 695
-
accident
648
-
1 680
-
pensions
5 760
-
14 934
-
total
8 604
-
22 309
-
Corporate
128 385
209 000
-
-
surtax
1 348
2 194
-
-
income
19 258
31 350
-
-
communal
8 665
14 108
-
-
total
29 271
47 652
-
-
Dividends
99 113
161 348
-
-
income
30 212
18 375
-
-
withholding
14 868
24 202
-
-
total
45 080
42 577
-
-
Income
209 000
209 000
209 000
209 000
Total tax
103 290
90 229
101 982
110 316
After tax
105 710
118 771
107 018
98 684
Living cost
51 676
51 676
51 676
51 676
Free-cash
54 034
67 095
55 342
47 008

Estimated living cost  is ₽51676 per week

₽38765
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3131
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.
₽9232
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71182
₽110103
₽76995
₽107079
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
-
health
-
-
-
9 010
income
-
-
-
65 122
pensions
-
-
-
25 382
surtax
-
-
-
10 916
unemployment
-
-
-
217
total
-
-
-
110 647
Employee
32 023
-
182 286
-
surtax
114
-
9 777
-
income
5 368
-
59 436
-
other
-
-
-
-
pensions
2 137
-
8 465
-
health
817
-
3 236
-
unemployment
2 229
-
8 833
-
total
10 665
-
89 747
-
Employer
32 023
-
182 286
-
other
-
-
-
-
unemployment
1 016
-
4 022
-
health
1 456
-
5 774
-
pensions
4 270
-
16 917
-
total
6 742
-
26 713
-
Corporate
170 235
209 000
-
-
income
44 261
54 340
-
-
total
44 261
54 340
-
-
Dividends
125 974
154 660
-
-
withholding
18 895
23 199
-
-
total
18 895
23 199
-
-
Income
209 000
209 000
209 000
209 000
Total tax
80 563
77 539
116 460
110 647
After tax
128 437
131 461
92 540
98 353
Living cost
21 358
21 358
21 358
21 358
Free-cash
107 079
110 103
71 182
76 995

Estimated living cost  is ₽21358 per week

₽12895
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1857
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6112
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66126
₽84241
₽74143
₽82130
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
47 593
national
-
-
-
57 081
regional
-
-
-
3 276
municipal
-
-
-
1 292
total
-
-
-
109 242
Employee
52 748
-
209 000
-
social contributions
17 787
-
62 395
-
municipal
280
-
1 173
-
national
8 357
-
50 714
-
regional
710
-
2 977
-
total
27 134
-
117 259
-
Employer
52 748
-
209 000
-
total
-
-
-
-
Corporate
156 252
209 000
-
-
nationa
37 500
50 160
-
-
municipal
7 765
10 387
-
-
total
45 265
60 547
-
-
Dividends
110 987
148 453
-
-
withholding
28 856
38 597
-
-
total
28 856
38 597
-
-
Income
209 000
209 000
209 000
209 000
Total tax
101 255
99 144
117 259
109 242
After tax
107 745
109 856
91 741
99 758
Living cost
25 615
25 615
25 615
25 615
Free-cash
82 130
84 241
66 126
74 143

Estimated living cost  is ₽25615 per week

₽15930
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2595
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.
₽6651
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84839
₽115012
₽93906
₽104708
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
33 729
health
-
-
-
28 215
income
-
-
-
22 058
solidarity contribution
-
-
-
2 208
total
-
-
-
86 210
Employee
42 476
-
165 250
-
social contributions
2 761
-
7 508
-
solidarity contribution
-
-
1 395
-
income
5 097
-
20 315
-
health
5 734
-
22 309
-
total
13 592
-
51 527
-
Employer
42 476
-
165 250
-
health
3 823
-
14 872
-
social contributions
10 619
-
28 878
-
total
14 442
-
43 750
-
Corporate
152 081
209 000
-
-
income
28 896
39 710
-
-
total
28 896
39 710
-
-
Dividends
123 186
169 290
-
-
withholding
18 478
25 394
-
-
total
18 478
25 394
-
-
Income
209 000
209 000
209 000
209 000
Total tax
75 408
65 104
95 277
86 210
After tax
133 592
143 896
113 723
122 790
Living cost
28 884
28 884
28 884
28 884
Free-cash
104 708
115 012
84 839
93 906

Estimated living cost  is ₽28884 per week

₽21480
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1600
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.
₽5304
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24554
₽85006
₽77000
₽84536
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 498
income
-
-
-
65 946
chamber of commerce
-
-
-
835
pensions
-
-
-
20 552
surtax
-
-
-
-
unemployment
-
-
-
5 832
total
-
-
-
101 663
Employee
41 567
37 895
172 543
-
income
3 703
2 795
55 300
-
other
415
379
1 112
-
pensions
4 257
3 880
11 376
-
health
1 608
1 467
4 298
-
unemployment
1 247
1 137
3 333
-
total
11 230
9 658
75 419
-
Employer
41 567
37 895
172 543
-
other
1 974
1 799
7 673
-
unemployment
1 247
1 137
3 333
-
health
1 572
1 433
4 199
-
surtax
-
-
-
-
accident
540
493
1 444
-
pensions
5 217
4 757
13 942
-
payroll
1 247
1 137
5 177
-
chamber of commerce
166
152
689
-
total
11 963
10 908
36 457
-
Corporate
155 471
160 198
168 934
-
income

The minimum corporate income for a GmbH is €1,1750 for a year. However, for GmbHs founded after 30 June 2013, the amount is reduced to €500 for the first five years and €1000 for the next five years.

Минимальный корпоративный налог для GmbH €1,1750 в год. Если GmbHs основана после 30 Июня 2013 эта сумма сниже до €500 в первые 5 лет и €1000 для следующих пяти лет.

38 868
40 050
42 233
-
total
38 868
40 050
42 233
-
Dividends
116 603
120 149
-
-
withholding
32 066
33 041
-
-
total
32 066
33 041
-
-
Income
209 000
209 000
209 000
209 000
Total tax
94 127
93 657
154 109
101 663
After tax
114 873
115 343
54 891
107 337
Living cost
30 337
30 337
30 337
30 337
Free-cash
84 536
85 006
24 554
77 000

Estimated living cost  is ₽30337 per week

₽18199
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3098
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽541
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8499
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽154788
₽186138
₽194498
₽183811
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 516
-
209 000
-
income
3 103
-
41 800
-
total
3 103
-
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%.

193 484
209 000
-
-
total
-
-
-
-
Dividends
193 484
209 000
-
-
withholding
9 674
10 450
-
-
total
9 674
10 450
-
-
Income
209 000
209 000
209 000
209 000
Total tax
12 777
10 450
41 800
2 090
After tax
196 223
198 550
167 200
206 910
Living cost
12 412
12 412
12 412
12 412
Free-cash
183 811
186 138
154 788
194 498

Estimated living cost  is ₽12412 per week

₽8400
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽521
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽416
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3075
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67508
₽118392
₽72044
₽110437
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
20 566
income
-
-
-
52 401
pensions
-
-
-
38 169
unemployment
-
-
-
314
total
-
-
-
111 450
Employee

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

42 049
-
180 844
-
income
7 251
-
47 864
-
pensions
6 518
-
28 032
-
health
2 716
-
11 683
-
unemployment
60
-
253
-
total
16 545
-
87 832
-
Employer

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

42 049
-
180 844
-
unemployment
25
-
108
-
health
2 801
-
12 043
-
pensions
3 721
-
16 004
-
total
6 547
-
28 155
-
Corporate
160 404
209 000
-
-
income
30 477
39 710
-
-
total
30 477
39 710
-
-
Dividends
129 927
169 290
-
-
withholding
19 489
25 393
-
-
total
19 489
25 393
-
-
Income
209 000
209 000
209 000
209 000
Total tax
73 058
65 103
115 987
111 450
After tax
135 942
143 897
93 013
97 550
Living cost
25 506
25 506
25 506
25 506
Free-cash
110 437
118 392
67 508
72 044

Estimated living cost  is ₽25506 per week

₽17504
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1635
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5874
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽152820
₽84102
₽101382
₽36640
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
61 734
-
-
-
social contributions
5 062
-
721
-
income
13 617
-
-
-
total
18 679
-
721
-
Employer
61 734
-
-
-
social contributions
87 044
-
12 405
-
total
87 044
-
12 405
-
Corporate
60 222
209 000
-
-
income
13 249
45 980
-
-
total
13 249
45 980
-
-
Dividends
46 973
163 020
-
-
income
10 334
35 864
-
-
total
10 334
35 864
-
-
Income
209 000
209 000
209 000
209 000
Total tax
129 306
81 844
13 126
64 564
After tax
79 694
127 156
195 874
144 436
Living cost
43 054
43 054
43 054
43 054
Free-cash
36 640
84 102
152 820
101 382

Estimated living cost  is ₽43054 per week

₽27935
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4049
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.
₽10521
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63302
₽89053
₽79439
₽88094
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions

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

-
-
-
72 627
income
-
-
-
27 107
surtax
-
-
-
-
total
-
-
-
99 734
Employee
43 734
-
168 889
-
surtax
-
-
148
-
social contributions
4 811
-
18 578
-
income
9 097
-
57 034
-
total
13 908
-
75 760
-
Employer
43 734
-
168 889
-
social contributions
10 387
-
40 111
-
total
10 387
-
40 111
-
Corporate
154 879
209 000
-
-
surtax
-
-
-
-
income
32 525
43 890
-
-
total
32 525
43 890
-
-
Dividends
122 354
165 110
-
-
withholding
34 259
46 230
-
-
total
34 259
46 230
-
-
Income
209 000
209 000
209 000
209 000
Total tax
91 079
90 120
115 871
99 734
After tax
117 921
118 880
93 129
109 266
Living cost
29 827
29 827
29 827
29 827
Free-cash
88 094
89 053
63 302
79 439

Estimated living cost  is ₽29827 per week

₽22317
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1759
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽498
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5253
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63054
₽59407
₽68868
₽65946
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
6 478
social contributions
-
-
-
5 955
health
-
-
-
10 132
income
-
-
-
38 327
pensions
-
-
-
33 312
surtax
-
-
-
-
total
-
-
-
94 204
Employee
59 557
-
159 634
-
surtax
-
-
-
-
social contributions
1 696
-
4 549
-
income
5 196
-
34 121
-
pensions
6 736
-
11 980
-
total
13 628
-
50 650
-
Employer
59 557
-
159 634
-
other
2 055
-
6 602
-
unemployment
2 413
-
6 466
-
health
4 168
-
15 811
-
pensions
9 786
-
20 011
-
social contributions
179
-
478
-
total
18 601
-
49 368
-
Corporate
130 842
209 000
-
-
surtax
-
-
-
-
income
36 636
58 521
-
-
total
36 636
58 521
-
-
Dividends
94 206
150 479
-
-
social contributions
16 203
25 882
-
-
surtax
-
-
-
-
withholding
12 058
19 262
-
-
total
28 261
45 144
-
-
Income
209 000
209 000
209 000
209 000
Total tax
97 126
103 665
100 018
94 204
After tax
111 874
105 335
108 982
114 796
Living cost
45 928
45 928
45 928
45 928
Free-cash
65 946
59 407
63 054
68 868

Estimated living cost  is ₽45928 per week

₽31083
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3757
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽630
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10457
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽129461
₽159516
₽123909
₽156321
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
10 528
social contributions
-
-
-
45 979
total
-
-
-
56 507
Employee
30 571
-
180 952
-
income
-
-
11 145
-
social contributions
1 987
-
11 762
-
total
1 987
-
22 907
-
Employer
30 571
-
180 952
-
social contributions
4 739
-
28 048
-
total
4 739
-
28 048
-
Corporate
173 691
209 000
-
-
income
17 369
20 900
-
-
total
17 369
20 900
-
-
Dividends
156 322
188 100
-
-
total
-
-
-
-
Income
209 000
209 000
209 000
209 000
Total tax
24 095
20 900
50 955
56 507
After tax
184 905
188 100
158 045
152 493
Living cost
28 584
28 584
28 584
28 584
Free-cash
156 321
159 516
129 461
123 909

Estimated living cost  is ₽28584 per week

₽18482
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2155
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.
₽7409
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2130
₽2130
₽75124
₽1213
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
labour market
-
-
-
16 654
pensions
-
-
-
823
national
-
-
-
25 896
municipal
-
-
-
44 776
total
-
-
-
88 149
Employee
193 003
193 003
193 003
-
labour market
15 418
15 418
15 418
-
municipal
41 099
41 099
41 099
-
national
23 579
23 579
23 579
-
pensions
274
274
274
-
total
80 370
80 370
80 370
-
Employer
193 003
193 003
193 003
-
national
23 620
23 620
23 620
-
labour market
15 440
15 440
15 440
-
pensions
549
549
549
-
municipal
41 164
41 164
41 164
-
total
80 773
80 773
80 773
-
Corporate
2 130
-
-
-
income
469
-
-
-
total
469
-
-
-
Dividends
1 661
-
-
-
withholding
448
-
-
-
total
448
-
-
-
Income
209 000
209 000
209 000
209 000
Total tax
162 060
161 143
161 143
88 149
After tax
46 940
47 857
47 857
120 851
Living cost
45 727
45 727
45 727
45 727
Free-cash
1 213
2 130
2 130
75 124

Estimated living cost  is ₽45727 per week

₽31296
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4045
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽703
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9682
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94229
-₽3793
₽122005
₽13751
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
354
health
-
-
-
2 085
accident
-
-
-
241
income
-
-
-
59 615
pensions
-
-
-
3 978
total
-
-
-
66 273
Employee
32 597
-
190 614
-
income
4 472
-
46 544
-
pensions
3 671
-
7 294
-
health
3 733
-
21 825
-
total
11 876
-
75 663
-
Employer
32 597
-
190 614
-
unemployment
799
-
4 670
-
accident
544
-
3 183
-
pensions
5 300
-
10 533
-
total
6 643
-
18 386
-
Corporate
169 759
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.

152 783
188 100
-
-
total
152 783
188 100
-
-
Dividends
16 976
20 900
-
-
withholding
3 225
3 971
-
-
total
3 225
3 971
-
-
Income
209 000
209 000
209 000
209 000
Total tax
174 527
192 071
94 049
66 273
After tax
34 473
16 929
114 951
142 727
Living cost
20 722
20 722
20 722
20 722
Free-cash
13 751
-3 793
94 229
122 005

Estimated living cost  is ₽20722 per week

₽15083
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1181
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽389
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4068
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68323
₽91877
₽92264
₽94817
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
2 822
national
-
-
-
40 294
municipal
-
-
-
37 112
total
-
-
-
80 228
Employee
50 029
-
175 824
-
municipal
8 194
-
28 622
-
national
826
-
25 553
-
pensions
3 376
-
11 868
-
health
374
-
2 312
-
unemployment
751
-
2 638
-
total
13 521
-
70 993
-
Employer
50 029
-
175 824
-
unemployment
325
-
1 142
-
health
384
-
1 353
-
accident
51
-
175
-
pensions
8 680
-
30 506
-
total
9 440
-
33 176
-
Corporate
149 531
209 000
-
-
income
29 906
41 800
-
-
total
29 906
41 800
-
-
Dividends

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

89 719
125 400
-
-
national
8 659
16 242
-
-
municipal
16 149
22 573
-
-
total
24 808
38 815
-
-
Income
209 000
209 000
209 000
209 000
Total tax
77 675
80 615
104 169
80 228
After tax
131 325
128 385
104 831
128 772
Living cost
36 508
36 508
36 508
36 508
Free-cash
94 817
91 877
68 323
92 264

Estimated living cost  is ₽36508 per week

₽23847
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3512
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽581
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8570
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽117034
₽130316
₽118759
₽125139
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 385
health
-
-
-
5 329
income
-
-
-
47 511
total
-
-
-
68 225
Employee
73 120
73 120
197 168
-
social contributions
2 765
6 069
8 185
-
income
7 962
6 769
46 582
-
health
567
1 243
3 351
-
total
11 294
14 081
58 118
-
Employer
73 120
73 120
197 168
-
health
615
1 353
3 647
-
social contributions
2 765
6 069
8 185
-
total
3 380
7 422
11 832
-
Corporate
172 311
128 458
-
-
income
21 539
16 057
-
-
total
21 539
16 057
-
-
Dividends
150 772
112 401
-
-
withholding
25 632
19 108
-
-
total
25 632
19 108
-
-
Income
209 000
209 000
209 000
209 000
Total tax
61 845
56 668
69 950
68 225
After tax
147 155
152 332
139 050
140 775
Living cost
22 016
22 016
22 016
22 016
Free-cash
125 139
130 316
117 034
118 759

Estimated living cost  is ₽22016 per week

₽13195
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2160
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽487
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6175
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽143706
₽157974
₽162777
₽153140
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 441
income
-
-
-
21 608
pensions
-
-
-
6 049
unemployment
-
-
-
27
total
-
-
-
31 125
Employee

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

21 827
-
199 707
-
income
1 492
-
19 249
-
pensions
3 273
-
13 534
-
health
1 855
-
7 669
-
unemployment
108
-
451
-
total
6 728
-
40 903
-
Employer

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

21 827
-
199 707
-
unemployment
108
-
451
-
health
938
-
3 880
-
pensions
1 200
-
4 962
-
total
2 246
-
9 293
-
Corporate
184 927
209 000
-
-
income
16 643
18 810
-
-
total
16 643
18 810
-
-
Dividends
168 284
190 190
-
-
withholding
15 145
17 118
-
-
total
15 145
17 118
-
-
Income
209 000
209 000
209 000
209 000
Total tax
40 762
35 928
50 196
31 125
After tax
168 238
173 072
158 804
177 875
Living cost
15 098
15 098
15 098
15 098
Free-cash
153 140
157 974
143 706
162 777

Estimated living cost  is ₽15098 per week

₽9633
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1088
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3927
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86687
₽112662
₽90677
₽108463
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
88
accident
-
-
-
794
income
-
-
-
65 733
pensions
-
-
-
24 942
unemployment
-
-
-
617
total
-
-
-
92 174
Employee
35 161
-
180 902
-
income
6 779
-
62 468
-
other
34
-
88
-
pensions
1 653
-
4 143
-
unemployment
545
-
1 366
-
total
9 011
-
68 065
-
Employer
35 161
-
180 902
-
other
282
-
706
-
unemployment
1 934
-
4 847
-
accident
697
-
1 745
-
pensions
8 297
-
20 801
-
total
11 210
-
28 099
-
Corporate
162 630
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.

24 394
31 350
-
-
total
24 394
31 350
-
-
Dividends
138 236
177 650
-
-
withholding
29 773
38 839
-
-
total
29 773
38 839
-
-
Income
209 000
209 000
209 000
209 000
Total tax
74 388
70 189
96 164
92 174
After tax
134 612
138 811
112 836
116 826
Living cost
26 149
26 149
26 149
26 149
Free-cash
108 463
112 662
86 687
90 677

Estimated living cost  is ₽26149 per week

₽17650
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2514
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5527
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽132919
₽128648
₽133043
₽128358
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
935
income
-
-
-
71 964
pensions
-
-
-
1 290
total
-
-
-
74 189
Employee
2 693
-
207 549
-
income
521
-
71 896
-
pensions
242
-
580
-
health
135
-
322
-
unemployment
27
-
64
-
total
925
-
72 862
-
Employer
2 693
-
207 549
-
unemployment
54
-
129
-
health
256
-
613
-
pensions
296
-
709
-
total
606
-
1 451
-
Corporate
205 701
209 000
-
-
income
45 254
45 980
-
-
total
45 254
45 980
-
-
Dividends
160 447
163 020
-
-
withholding
32 089
32 604
-
-
total
32 089
32 604
-
-
Income
209 000
209 000
209 000
209 000
Total tax
78 874
78 584
74 313
74 189
After tax
130 126
130 416
134 687
134 811
Living cost
1 768
1 768
1 768
1 768
Free-cash
128 358
128 648
132 919
133 043

Estimated living cost  is ₽1768 per week

₽1051
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽143
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽40
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽533
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽117640
₽134526
₽117640
₽129841
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
7 252
income
-
-
-
48 270
pensions
-
-
-
18 306
unemployment
-
-
-
1 056
total
-
-
-
74 884
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.

24 845
-
196 397
-
income
3 425
-
48 270
-
pensions
3 478
-
9 857
-
health
1 279
-
3 626
-
unemployment
186
-
528
-
total
8 368
-
62 281
-
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.

24 845
-
196 397
-
unemployment
186
-
528
-
health
1 279
-
3 626
-
pensions
2 981
-
8 449
-
total
4 446
-
12 603
-
Corporate
179 708
209 000
-
-
income
26 956
31 350
-
-
total
26 956
31 350
-
-
Dividends
152 752
177 650
-
-
withholding
22 913
26 648
-
-
total
22 913
26 648
-
-
Income
209 000
209 000
209 000
209 000
Total tax
62 683
57 998
74 884
74 884
After tax
146 317
151 002
134 116
134 116
Living cost
16 476
16 476
16 476
16 476
Free-cash
129 841
134 526
117 640
117 640

Estimated living cost  is ₽16476 per week

₽11093
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1274
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3631
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67493
₽93244
₽83630
₽92901
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions

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

-
-
-
72 627
income
-
-
-
27 107
surtax
-
-
-
-
total
-
-
-
99 734
Employee
36 907
-
168 889
-
surtax
-
-
148
-
social contributions
4 060
-
18 578
-
income
7 211
-
57 034
-
total
11 271
-
75 760
-
Employer
36 907
-
168 889
-
social contributions
8 765
-
40 111
-
total
8 765
-
40 111
-
Corporate
163 329
209 000
-
-
surtax
-
-
-
-
income
34 299
43 890
-
-
total
34 299
43 890
-
-
Dividends
129 030
165 110
-
-
withholding
36 128
46 230
-
-
total
36 128
46 230
-
-
Income
209 000
209 000
209 000
209 000
Total tax
90 463
90 120
115 871
99 734
After tax
118 537
118 880
93 129
109 266
Living cost
25 636
25 636
25 636
25 636
Free-cash
92 901
93 244
67 493
83 630

Estimated living cost  is ₽25636 per week

₽18157
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1781
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.
₽5244
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79417
₽105392
₽83407
₽99172
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
88
accident
-
-
-
794
income
-
-
-
65 733
pensions
-
-
-
24 942
unemployment
-
-
-
617
total
-
-
-
92 174
Employee
45 924
-
180 902
-
income
9 592
-
62 468
-
other
45
-
88
-
pensions
2 158
-
4 143
-
unemployment
711
-
1 366
-
total
12 506
-
68 065
-
Employer
45 924
-
180 902
-
other
368
-
706
-
unemployment
2 526
-
4 847
-
accident
909
-
1 745
-
pensions
10 838
-
20 801
-
total
14 641
-
28 099
-
Corporate
148 434
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.

22 264
31 350
-
-
total
22 264
31 350
-
-
Dividends
126 169
177 650
-
-
withholding
26 998
38 839
-
-
total
26 998
38 839
-
-
Income
209 000
209 000
209 000
209 000
Total tax
76 409
70 189
96 164
92 174
After tax
132 591
138 811
112 836
116 826
Living cost
33 419
33 419
33 419
33 419
Free-cash
99 172
105 392
79 417
83 407

Estimated living cost  is ₽33419 per week

₽24000
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2599
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6350
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽161210
₽162422
₽152555
₽156658
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 800
income
-
-
-
31 350
pensions

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

-
-
-
4 890
unemployment
-
-
-
132
total
-
-
-
40 172
Employee
21 548
-
202 517
-
income
2 155
-
20 251
-
accident

We are using the highest rate at 1.1%.

237
-
363
-
pensions

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

1 892
-
2 901
-
health
991
-
1 520
-
total
5 275
-
25 035
-
Employer
21 548
-
202 517
-
unemployment
129
-
198
-
health
1 487
-
2 280
-
accident

We are using the highest rate at 1.1%.

237
-
363
-
pensions

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

2 374
-
3 641
-
total
4 227
-
6 482
-
Corporate
183 225
209 000
-
-
income
18 322
20 900
-
-
total
18 322
20 900
-
-
Dividends
164 903
188 100
-
-
withholding
8 245
9 405
-
-
total
8 245
9 405
-
-
Income
209 000
209 000
209 000
209 000
Total tax
36 069
30 305
31 517
40 172
After tax
172 931
178 695
177 483
168 828
Living cost
16 273
16 273
16 273
16 273
Free-cash
156 658
162 422
161 210
152 555

Estimated living cost  is ₽16273 per week

₽10763
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽932
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽388
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4191
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92781
₽70781
₽69134
₽83220
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 496
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.

-
-
-
69 205
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.

-
-
-
3 806
trade
-
-
-
23 647
total
-
-
-
103 154
Employee

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

47 314
-
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.

215
-
3 806
-
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.

3 891
-
69 205
-
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.

6 496
-
6 496
-
total
10 602
-
79 507
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
161 686
209 000
-
-
chamber of commerce
381
451
-
-
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.

1 334
1 725
-
-
trade
23 203
29 991
-
-
income
24 253
31 350
-
-
total
49 171
63 517
-
-
Dividends
112 517
145 482
-
-
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.

1 527
1 981
-
-
withholding
27 768
36 009
-
-
total
29 295
37 990
-
-
Income
209 000
209 000
209 000
209 000
Total tax
89 068
101 507
79 507
103 154
After tax
119 932
107 493
129 493
105 846
Living cost
36 712
36 712
36 712
36 712
Free-cash
83 220
70 781
92 781
69 134

Estimated living cost  is ₽36712 per week

₽25325
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3950
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽532
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6904
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51118
₽92132
₽51118
₽94231
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
67 883
social contributions
-
-
-
35 831
total
-
-
-
103 714
Employee
74 382
-
209 000
-
income
14 036
-
67 883
-
social contributions
6 180
-
35 831
-
total
20 216
-
103 714
-
Employer
74 382
-
209 000
-
total
-
-
-
-
Corporate
134 618
209 000
-
-
income
16 827
26 124
-
-
total
16 827
26 124
-
-
Dividends
117 791
182 876
-
-
withholding
23 558
36 576
-
-
total
23 558
36 576
-
-
Income
209 000
209 000
209 000
209 000
Total tax
60 601
62 700
103 714
103 714
After tax
148 399
146 300
105 286
105 286
Living cost
54 168
54 168
54 168
54 168
Free-cash
94 231
92 132
51 118
51 118

Estimated living cost  is ₽54168 per week

₽41210
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4414
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽518
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8027
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽111553
₽96308
₽137229
₽99631
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
31 350
health

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

-
-
-
5 903
total
-
-
-
37 253
Employee
43 622
-
204 626
-
income
4 733
-
54 181
-
social contributions
4 371
-
4 374
-
total
9 104
-
58 555
-
Employer
43 622
-
204 626
-
social contributions
4 371
-
4 374
-
total
4 371
-
4 374
-
Corporate
161 007
209 000
-
-
income
56 352
73 150
-
-
total
56 352
73 150
-
-
Dividends
104 656
135 850
-
-
social contributions
5 024
5 024
-
-
total
5 024
5 024
-
-
Income
209 000
209 000
209 000
209 000
Total tax
74 851
78 174
62 929
37 253
After tax
134 149
130 826
146 071
171 747
Living cost
34 518
34 518
34 518
34 518
Free-cash
99 631
96 308
111 553
137 229

Estimated living cost  is ₽34518 per week

₽22737
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2721
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.
₽8530
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81621
₽97126
₽100304
₽102719
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
64 257
pensions
-
-
-
9 352
total
-
-
-
73 609
Employee
48 162
-
182 178
-
income
8 771
-
51 803
-
health
628
-
2 476
-
pensions
3 676
-
11 191
-
total
13 075
-
65 470
-
Employer
48 162
-
182 178
-
health
915
-
3 462
-
pensions
4 866
-
23 360
-
total
5 781
-
26 822
-
Corporate
155 057
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.

29 462
39 710
-
-
total
29 462
39 710
-
-
Dividends
125 595
169 290
-
-
withholding
22 876
37 077
-
-
total
22 876
37 077
-
-
Income
209 000
209 000
209 000
209 000
Total tax
71 194
76 787
92 292
73 609
After tax
137 806
132 213
116 708
135 391
Living cost
35 087
35 087
35 087
35 087
Free-cash
102 719
97 126
81 621
100 304

Estimated living cost  is ₽35087 per week

₽24070
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3227
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.
₽7350
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽92177
-₽5845
₽119953
₽13434
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
354
health
-
-
-
2 085
accident
-
-
-
241
income
-
-
-
59 615
pensions
-
-
-
3 978
total
-
-
-
66 273
Employee
35 824
-
190 614
-
income
4 915
-
46 544
-
pensions
4 034
-
7 294
-
health
4 102
-
21 825
-
total
13 051
-
75 663
-
Employer
35 824
-
190 614
-
unemployment
878
-
4 670
-
accident
598
-
3 183
-
pensions
5 825
-
10 533
-
total
7 301
-
18 386
-
Corporate
165 876
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.

149 288
188 100
-
-
total
149 288
188 100
-
-
Dividends
16 588
20 900
-
-
withholding
3 152
3 971
-
-
total
3 152
3 971
-
-
Income
209 000
209 000
209 000
209 000
Total tax
172 792
192 071
94 049
66 273
After tax
36 208
16 929
114 951
142 727
Living cost
22 774
22 774
22 774
22 774
Free-cash
13 434
-5 845
92 177
119 953

Estimated living cost  is ₽22774 per week

₽16713
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1327
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽459
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4274
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽140090
₽147012
₽119134
₽144129
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
35 081
health insurance
-
-
-
11 278
work injury
-
-
-
762
pensions
-
-
-
28 043
unemployment
-
-
-
1 829
total
-
-
-
76 993
Employee

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

20 597
-
209 000
-
income
2 060
-
35 081
-
work injury
103
-
381
-
health insurance
1 524
-
5 639
-
pensions
3 790
-
14 022
-
unemployment
247
-
914
-
total
7 724
-
56 037
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
188 403
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%.

18 840
20 900
-
-
total
18 840
20 900
-
-
Dividends
169 563
188 100
-
-
withholding
25 434
28 215
-
-
total
25 434
28 215
-
-
Income
209 000
209 000
209 000
209 000
Total tax
51 998
49 115
56 037
76 993
After tax
157 002
159 885
152 963
132 007
Living cost
12 873
12 873
12 873
12 873
Free-cash
144 129
147 012
140 090
119 134

Estimated living cost  is ₽12873 per week

₽7975
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽935
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽402
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3561
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52125
₽72205
₽59934
₽67879
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
47 593
national
-
-
-
57 081
regional
-
-
-
5 057
municipal
-
-
-
1 453
total
-
-
-
111 184
Employee
80 130
-
209 000
-
social contributions
27 019
-
62 395
-
municipal
478
-
1 319
-
national
13 541
-
50 714
-
regional
1 210
-
4 565
-
total
42 248
-
118 993
-
Employer
80 130
-
209 000
-
total
-
-
-
-
Corporate
128 870
209 000
-
-
nationa
30 930
50 160
-
-
municipal
6 211
10 075
-
-
total
37 141
60 235
-
-
Dividends
91 730
148 765
-
-
withholding
23 850
38 678
-
-
total
23 850
38 678
-
-
Income
209 000
209 000
209 000
209 000
Total tax
103 239
98 913
118 993
111 184
After tax
105 761
110 087
90 007
97 816
Living cost
37 882
37 882
37 882
37 882
Free-cash
67 879
72 205
52 125
59 934

Estimated living cost  is ₽37882 per week

₽26610
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2606
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽8093
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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