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
₽76757
₽100808
₽74800
₽87196
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
69 348
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.

-
-
-
3 814
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.

-
-
-
6 447
trade
-
-
-
26 008
total
-
-
-
105 617
Employee

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

36 093
-
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
-
3 814
-
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.

1 008
-
69 348
-
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.

6 447
-
6 447
-
total
7 511
-
79 609
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
172 907
209 000
-
-
income
25 936
31 350
-
-
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.

1 427
1 725
-
-
chamber of commerce
392
444
-
-
trade
27 232
32 918
-
-
total
54 987
66 437
-
-
Dividends
117 919
142 564
-
-
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.

1 601
1 941
-
-
withholding
29 122
35 282
-
-
total
30 723
37 223
-
-
Income
209 000
209 000
209 000
209 000
Total tax
93 221
103 660
79 609
105 617
After tax
115 779
105 340
129 391
103 383
Living cost
28 583
28 583
28 583
28 583
Free-cash
87 196
76 757
100 808
74 800

Estimated living cost  is ₽28583 per week

₽17980
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3333
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽534
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6737
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80298
₽71035
₽69912
₽79465
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
23 143
national
-
-
-
38 500
pensions
-
-
-
25 080
total
-
-
-
88 970
Employee
77 691
-
180 679
-
municipal
9 596
-
23 952
-
pensions
3 108
-
7 227
-
national
14 870
-
40 272
-
total
27 574
-
71 451
-
Employer
77 691
-
180 679
-
pensions
6 215
-
14 454
-
social contributions
835
-
1 942
-
total
7 050
-
16 396
-
Corporate
119 130
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%.

23 826
41 800
-
-
total
23 826
41 800
-
-
Dividends
95 304
167 200
-
-
withholding
20 967
36 784
-
-
total
20 967
36 784
-
-
Income
209 000
209 000
209 000
209 000
Total tax
79 417
78 584
87 847
88 970
After tax
129 583
130 416
121 153
120 030
Living cost
50 118
50 118
50 118
50 118
Free-cash
79 465
80 298
71 035
69 912

Estimated living cost  is ₽50118 per week

₽34064
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4659
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽750
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10644
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽147567
₽71063
₽56164
₽139827
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
43 752
surtax
-
-
-
53 296
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.

-
-
-
36 156
microenterprise
-
-
-
-
total
-
-
-
133 204
Employee
27 574
-
163 881
-
surtax
-
-
23 762
-
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.

3 034
-
12 371
-
income
4 909
-
37 053
-
total
7 943
-
73 186
-
Employer
27 574
-
163 881
-
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.

6 642
-
27 093
-
surtax
-
-
18 026
-
total
6 642
-
45 119
-
Corporate
174 784
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%.

34 956
41 801
-
-
total
34 956
41 801
-
-
Dividends

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

139 827
167 199
-
-
total
-
-
-
-
Income
209 000
209 000
209 000
209 000
Total tax
49 541
41 801
118 305
133 204
After tax
159 459
167 199
90 695
75 796
Living cost
19 632
19 632
19 632
19 632
Free-cash
139 827
147 567
71 063
56 164

Estimated living cost  is ₽19632 per week

₽12525
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1870
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽446
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4792
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64579
₽94138
₽72877
₽58797
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
73 898
health
-
-
-
11 637
pensions
-
-
-
11 056
total
-
-
-
96 591
Employee
80 585
80 585
191 463
-
pensions
14 505
11 056
11 056
-
income

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

13 191
13 191
35 099
-
health
12 369
10 521
11 637
-
total
40 065
34 768
57 792
-
Employer
80 585
80 585
191 463
-
health
5 602
5 602
6 961
-
pensions
5 609
5 609
6 972
-
unemployment
2 901
2 901
3 605
-
total
14 112
14 112
17 538
-
Corporate
115 292
114 303
-
-
income
23 058
22 861
-
-
total
23 058
22 861
-
-
Dividends
92 234
91 442
-
-
income
19 600
19 432
-
-
withholding
13 836
13 716
-
-
total
33 436
33 148
-
-
Income
209 000
209 000
209 000
209 000
Total tax
110 671
104 889
75 330
96 591
After tax
98 329
104 111
133 670
112 409
Living cost
39 532
39 532
39 532
39 532
Free-cash
58 797
64 579
94 138
72 877

Estimated living cost  is ₽39532 per week

₽28015
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3564
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽629
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7324
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76291
₽65987
₽66903
₽75441
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
166
other
-
-
-
9 633
unemployment
-
-
-
83
health
-
-
-
5 173
municipal
-
-
-
55 163
national
-
-
-
25 095
pensions
-
-
-
8 961
total
-
-
-
104 274
Employee
53 895
-
182 954
-
municipal
16 071
-
54 557
-
national
-
-
24 587
-
total
16 071
-
79 144
-
Employer
53 895
-
182 954
-
health
3 315
-
5 098
-
pensions
5 826
-
8 961
-
accident
108
-
166
-
unemployment
1 423
-
2 188
-
other
6 263
-
9 633
-
total
16 935
-
26 046
-
Corporate
138 171
209 000
-
-
income
30 398
45 980
-
-
total
30 398
45 980
-
-
Dividends
107 774
163 020
-
-
withholding
32 332
48 906
-
-
total
32 332
48 906
-
-
Income
209 000
209 000
209 000
209 000
Total tax
95 736
94 886
105 190
104 274
After tax
113 264
114 114
103 810
104 726
Living cost
37 823
37 823
37 823
37 823
Free-cash
75 441
76 291
65 987
66 903

Estimated living cost  is ₽37823 per week

₽25068
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3712
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8470
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Stockholm model

Close
Hamburg , Germany
₽67195
₽92320
₽65157
₽80455
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
69 348
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.

-
-
-
3 814
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.

-
-
-
6 447
trade
-
-
-
27 163
total
-
-
-
106 772
Employee

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

47 855
-
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.

226
-
3 814
-
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.

4 112
-
69 348
-
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.

6 447
-
6 447
-
total
10 785
-
79 609
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
161 145
209 000
-
-
income
24 172
31 350
-
-
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.

1 329
1 725
-
-
chamber of commerce
372
441
-
-
trade
26 509
34 381
-
-
total
52 382
67 897
-
-
Dividends
108 762
141 104
-
-
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.

1 476
1 920
-
-
withholding
26 831
34 917
-
-
total
28 307
36 837
-
-
Income
209 000
209 000
209 000
209 000
Total tax
91 474
104 734
79 609
106 772
After tax
117 526
104 266
129 391
102 228
Living cost
37 071
37 071
37 071
37 071
Free-cash
80 455
67 195
92 320
65 157

Estimated living cost  is ₽37071 per week

₽24793
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3909
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7815
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽121722
₽108381
₽110103
₽117806
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
47 692
social contributions
-
-
-
15 268
health
-
-
-
5 329
total
-
-
-
68 289
Employee
72 564
72 564
197 227
-
social contributions
3 526
6 022
8 123
-
income
7 620
6 717
46 765
-
health
722
1 234
3 352
-
total
11 868
13 973
58 240
-
Employer
72 564
72 564
197 227
-
health
786
1 343
3 648
-
social contributions
3 526
6 022
8 123
-
total
4 312
7 365
11 771
-
Corporate
162 212
129 071
-
-
income
20 277
16 133
-
-
total
20 277
16 133
-
-
Dividends
141 935
112 938
-
-
withholding
24 129
19 199
-
-
total
24 129
19 199
-
-
Income
209 000
209 000
209 000
209 000
Total tax
60 586
56 670
70 011
68 289
After tax
148 414
152 330
138 989
140 711
Living cost
30 608
30 608
30 608
30 608
Free-cash
117 806
121 722
108 381
110 103

Estimated living cost  is ₽30608 per week

₽20924
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2391
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.
₽6780
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽100438
₽104285
₽127912
₽100789
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
25 550
unemployment
-
-
-
3 135
health
-
-
-
14 630
pensions
-
-
-
20 900
total
-
-
-
64 215
Employee

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

The minimum wage is 138,000 HUF per month.

24 356
9 693
174 895
-
unemployment
365
145
2 623
-
pensions
2 436
969
17 490
-
income
2 978
1 185
21 381
-
health
1 705
679
12 243
-
total
7 484
2 978
53 737
-
Employer

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

The minimum wage is 138,000 HUF per month.

24 356
9 693
174 895
-
pensions
4 749
1 890
34 105
-
total
4 749
1 890
34 105
-
Corporate
179 894
197 416
-
-
income
16 190
17 767
-
-
total
16 190
17 767
-
-
Dividends
163 704
179 649
-
-
social contributions
31 811
34 921
-
-
withholding
31 104
34 133
-
-
total
62 915
69 054
-
-
Income
209 000
209 000
209 000
209 000
Total tax
91 338
91 689
87 842
64 215
After tax
117 662
117 311
121 158
144 785
Living cost
16 873
16 873
16 873
16 873
Free-cash
100 789
100 438
104 285
127 912

Estimated living cost  is ₽16873 per week

₽11514
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1381
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽337
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3641
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽144406
₽97670
₽89232
₽138546
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 006
health
-
-
-
27 170
pensions
-
-
-
41 799
total
-
-
-
96 975
Employee
26 770
-
156 204
-
unemployment
428
-
2 500
-
pensions
535
-
3 125
-
income
3 014
-
30 116
-
total
3 977
-
35 741
-
Employer
26 770
-
156 204
-
health
3 479
-
20 306
-
pensions
5 354
-
31 240
-
unemployment
215
-
1 250
-
total
9 048
-
52 796
-
Corporate
173 181
209 000
-
-
income
34 636
41 801
-
-
total
34 636
41 801
-
-
Dividends
138 545
167 199
-
-
total
-
-
-
-
Income
209 000
209 000
209 000
209 000
Total tax
47 661
41 801
88 537
96 975
After tax
161 339
167 199
120 463
112 025
Living cost
22 793
22 793
22 793
22 793
Free-cash
138 546
144 406
97 670
89 232

Estimated living cost  is ₽22793 per week

₽15634
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1357
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.
₽5344
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4039
₽94000
₽121756
₽13714
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
241
income
-
-
-
59 637
other
-
-
-
353
health
-
-
-
2 079
pensions
-
-
-
3 966
total
-
-
-
66 276
Employee
32 984
-
190 645
-
pensions
3 714
-
7 272
-
income
4 525
-
46 575
-
health
3 777
-
21 829
-
total
12 016
-
75 676
-
Employer
32 984
-
190 645
-
pensions
5 363
-
10 501
-
accident
551
-
3 184
-
unemployment
808
-
4 671
-
total
6 722
-
18 356
-
Corporate
169 294
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.

152 364
188 100
-
-
total
152 364
188 100
-
-
Dividends
16 929
20 900
-
-
withholding
3 216
3 971
-
-
total
3 216
3 971
-
-
Income
209 000
209 000
209 000
209 000
Total tax
174 318
192 071
94 032
66 276
After tax
34 682
16 929
114 968
142 724
Living cost
20 968
20 968
20 968
20 968
Free-cash
13 714
-4 039
94 000
121 756

Estimated living cost  is ₽20968 per week

₽15368
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1162
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽438
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4001
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽190959
₽159609
₽199319
₽189536
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 489
-
209 000
-
income
1 897
-
41 800
-
total
1 897
-
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%.

199 511
209 000
-
-
total
-
-
-
-
Dividends
199 511
209 000
-
-
withholding
9 976
10 450
-
-
total
9 976
10 450
-
-
Income
209 000
209 000
209 000
209 000
Total tax
11 873
10 450
41 800
2 090
After tax
197 127
198 550
167 200
206 910
Living cost
7 591
7 591
7 591
7 591
Free-cash
189 536
190 959
159 609
199 319

Estimated living cost  is ₽7591 per week

₽4704
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽631
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽209
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2047
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽128407
₽98186
₽99921
₽122035
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
36 364
other
-
-
-
6 816
health
-
-
-
6 314
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.

-
-
-
34 440
total
-
-
-
83 934
Employee
34 264
-
172 606
-
unemployment
342
-
1 434
-
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.

2 398
-
10 045
-
income
5 899
-
35 787
-
health
480
-
2 009
-
total
9 119
-
49 275
-
Employer
34 264
-
172 606
-
health
480
-
2 009
-
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.

5 825
-
24 396
-
accident
274
-
1 381
-
unemployment
342
-
1 434
-
other
1 714
-
7 174
-
total
8 635
-
36 394
-
Corporate
166 101
209 000
-
-
income
34 881
43 890
-
-
total
34 881
43 890
-
-
Dividends
131 220
165 110
-
-
withholding
9 185
11 558
-
-
total
9 185
11 558
-
-
Income
209 000
209 000
209 000
209 000
Total tax
61 820
55 448
85 669
83 934
After tax
147 180
153 552
123 331
125 066
Living cost
25 145
25 145
25 145
25 145
Free-cash
122 035
128 407
98 186
99 921

Estimated living cost  is ₽25145 per week

₽17766
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1698
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽405
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5276
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Bratislava model

Close
London , United Kingdom
₽69210
₽53732
₽72410
₽76789
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
64 324
pensions
-
-
-
9 331
total
-
-
-
73 655
Employee
89 044
-
182 174
-
pensions
8 590
-
11 161
-
income
16 051
-
51 873
-
health
1 467
-
2 473
-
total
26 108
-
65 507
-
Employer
89 044
-
182 174
-
health
1 691
-
3 461
-
pensions
10 513
-
23 365
-
total
12 204
-
26 826
-
Corporate
107 752
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.

20 474
39 710
-
-
total
20 474
39 710
-
-
Dividends
87 278
169 290
-
-
withholding
10 490
37 145
-
-
total
10 490
37 145
-
-
Income
209 000
209 000
209 000
209 000
Total tax
69 276
76 855
92 333
73 655
After tax
139 724
132 145
116 667
135 345
Living cost
62 935
62 935
62 935
62 935
Free-cash
76 789
69 210
53 732
72 410

Estimated living cost  is ₽62935 per week

₽47158
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7394
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7871
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽166324
₽165136
₽156479
₽161943
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
31 350
unemployment
-
-
-
132
health
-
-
-
3 790
pensions

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

-
-
-
4 878
total
-
-
-
40 150
Employee
16 380
-
202 534
-
accident

We are using the highest rate at 1.1%.

180
-
363
-
pensions

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

1 438
-
2 894
-
income
1 638
-
20 253
-
health
753
-
1 516
-
total
4 009
-
25 026
-
Employer
16 380
-
202 534
-
health
1 131
-
2 274
-
pensions

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

1 805
-
3 632
-
accident

We are using the highest rate at 1.1%.

180
-
363
-
unemployment
98
-
198
-
total
3 214
-
6 467
-
Corporate
189 405
209 000
-
-
income
18 940
20 900
-
-
total
18 940
20 900
-
-
Dividends
170 465
188 100
-
-
withholding
8 523
9 405
-
-
total
8 523
9 405
-
-
Income
209 000
209 000
209 000
209 000
Total tax
34 686
30 305
31 493
40 150
After tax
174 314
178 695
177 507
168 850
Living cost
12 371
12 371
12 371
12 371
Free-cash
161 943
166 324
165 136
156 479

Estimated living cost  is ₽12371 per week

₽7222
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽883
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽328
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3937
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51783
₽81342
₽60081
₽54156
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
73 898
health
-
-
-
11 637
pensions
-
-
-
11 056
total
-
-
-
96 591
Employee
87 490
80 585
191 463
-
pensions
11 056
11 056
11 056
-
income

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

13 191
13 191
35 099
-
health
10 915
10 521
11 637
-
total
35 162
34 768
57 792
-
Employer
87 490
80 585
191 463
-
health
6 080
5 602
6 961
-
pensions
6 089
5 609
6 972
-
unemployment
3 150
2 901
3 605
-
total
15 319
14 112
17 538
-
Corporate
106 192
114 303
-
-
income
21 239
22 861
-
-
total
21 239
22 861
-
-
Dividends
84 953
91 442
-
-
income
18 053
19 432
-
-
withholding
12 743
13 716
-
-
total
30 796
33 148
-
-
Income
209 000
209 000
209 000
209 000
Total tax
102 516
104 889
75 330
96 591
After tax
106 484
104 111
133 670
112 409
Living cost
52 328
52 328
52 328
52 328
Free-cash
54 156
51 783
81 342
60 081

Estimated living cost  is ₽52328 per week

₽38600
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4674
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽600
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8454
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽120772
₽90808
₽99909
₽112521
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
22 126
social contributions
-
-
-
33 276
solidarity contribution
-
-
-
2 349
health
-
-
-
28 215
total
-
-
-
85 966
Employee
34 007
-
165 606
-
solidarity contribution
-
-
1 532
-
social contributions
2 210
-
7 407
-
income
4 081
-
20 376
-
health
4 591
-
22 357
-
total
10 882
-
51 672
-
Employer
34 007
-
165 606
-
health
3 061
-
14 905
-
social contributions
8 502
-
28 490
-
total
11 563
-
43 395
-
Corporate
163 430
209 000
-
-
income
31 052
39 710
-
-
total
31 052
39 710
-
-
Dividends
132 379
169 290
-
-
withholding
19 857
25 393
-
-
total
19 857
25 393
-
-
Income
209 000
209 000
209 000
209 000
Total tax
73 354
65 103
95 067
85 966
After tax
135 646
143 897
113 933
123 034
Living cost
23 125
23 125
23 125
23 125
Free-cash
112 521
120 772
90 808
99 909

Estimated living cost  is ₽23125 per week

₽16063
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1645
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.
₽4962
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71690
₽52698
₽60698
₽66765
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
47 230
regional
-
-
-
2 628
municipal
-
-
-
1 295
national
-
-
-
57 330
total
-
-
-
108 483
Employee
83 867
-
209 000
-
municipal
444
-
1 177
-
national
14 532
-
51 014
-
regional
791
-
2 372
-
social contributions
28 280
-
61 920
-
total
44 047
-
116 483
-
Employer
83 867
-
209 000
-
total
-
-
-
-
Corporate
125 133
209 000
-
-
municipal
4 880
8 152
-
-
nationa
30 031
50 160
-
-
total
34 911
58 312
-
-
Dividends
90 221
150 688
-
-
withholding
23 458
39 179
-
-
total
23 458
39 179
-
-
Income
209 000
209 000
209 000
209 000
Total tax
102 416
97 491
116 483
108 483
After tax
106 584
111 509
92 517
100 517
Living cost
39 819
39 819
39 819
39 819
Free-cash
66 765
71 690
52 698
60 698

Estimated living cost  is ₽39819 per week

₽27757
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2611
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽611
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8839
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽110636
₽71742
₽77513
₽107699
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
65 342
other
-
-
-
-
surtax
-
-
-
10 976
unemployment
-
-
-
215
health
-
-
-
8 941
pensions
-
-
-
25 189
total
-
-
-
110 663
Employee
31 207
-
182 489
-
other
-
-
-
-
unemployment
2 172
-
8 766
-
pensions
2 081
-
8 401
-
surtax
102
-
9 846
-
income
5 231
-
59 698
-
health
797
-
3 211
-
total
10 383
-
89 922
-
Employer
31 207
-
182 489
-
health
1 420
-
5 731
-
pensions
4 160
-
16 789
-
unemployment
989
-
3 992
-
other
-
-
-
-
total
6 569
-
26 512
-
Corporate
171 225
209 000
-
-
income
44 519
54 340
-
-
total
44 519
54 340
-
-
Dividends
126 706
154 660
-
-
withholding
19 006
23 200
-
-
total
19 006
23 200
-
-
Income
209 000
209 000
209 000
209 000
Total tax
80 477
77 540
116 434
110 663
After tax
128 523
131 460
92 566
98 337
Living cost
20 824
20 824
20 824
20 824
Free-cash
107 699
110 636
71 742
77 513

Estimated living cost  is ₽20824 per week

₽12732
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1922
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5689
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89149
₽73671
₽92349
₽95366
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
64 324
pensions
-
-
-
9 331
total
-
-
-
73 655
Employee
59 675
-
182 174
-
pensions
5 065
-
11 161
-
income
10 748
-
51 873
-
health
866
-
2 473
-
total
16 679
-
65 507
-
Employer
59 675
-
182 174
-
health
1 134
-
3 461
-
pensions
6 460
-
23 365
-
total
7 594
-
26 826
-
Corporate
141 732
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.

26 929
39 710
-
-
total
26 929
39 710
-
-
Dividends
114 803
169 290
-
-
withholding
19 436
37 145
-
-
total
19 436
37 145
-
-
Income
209 000
209 000
209 000
209 000
Total tax
70 638
76 855
92 333
73 655
After tax
138 362
132 145
116 667
135 345
Living cost
42 996
42 996
42 996
42 996
Free-cash
95 366
89 149
73 671
92 349

Estimated living cost  is ₽42996 per week

₽32212
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7111
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽20939
₽83696
₽91732
₽52874
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
4 181
regional
-
-
-
11 478
health
-
-
-
470
city
-
-
-
2 202
national
-
-
-
5 077
pensions
-
-
-
19 229
total
-
-
-
42 637
Employee
87 337
-
187 871
-
unemployment
-
-
-
-
pensions
7 337
-
14 882
-
national
413
-
4 111
-
regional
2 860
-
10 163
-
city
937
-
2 030
-
health
197
-
424
-
total
11 744
-
31 610
-
Employer
87 337
-
187 871
-
health
197
-
424
-
pensions
7 337
-
14 882
-
unemployment
-
-
-
-
other

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

1 746
-
3 757
-
total
9 280
-
19 063
-
Corporate
111 422
209 000
-
-
regional
23 565
44 203
-
-
national
9 471
17 765
-
-
total
33 036
61 968
-
-
Dividends
78 386
147 032
-
-
withholding
27 435
51 462
-
-
total
27 435
51 462
-
-
Income
209 000
209 000
209 000
209 000
Total tax
81 495
113 430
50 673
42 637
After tax
127 505
95 570
158 327
166 363
Living cost
74 631
74 631
74 631
74 631
Free-cash
52 874
20 939
83 696
91 732

Estimated living cost  is ₽74631 per week

₽48531
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6697
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽916
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18486
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽59961
₽86161
₽57841
₽75264
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
69 348
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.

-
-
-
3 814
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.

-
-
-
6 447
trade
-
-
-
28 320
total
-
-
-
107 929
Employee

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

56 713
-
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.

367
-
3 814
-
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.

6 669
-
69 348
-
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.

6 447
-
6 447
-
total
13 483
-
79 609
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
152 287
209 000
-
-
income
22 843
31 350
-
-
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.

1 257
1 725
-
-
chamber of commerce
358
437
-
-
trade
26 117
35 844
-
-
total
50 575
69 356
-
-
Dividends
101 712
139 645
-
-
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.

1 379
1 900
-
-
withholding
25 069
34 553
-
-
total
26 448
36 453
-
-
Income
209 000
209 000
209 000
209 000
Total tax
90 506
105 809
79 609
107 929
After tax
118 494
103 191
129 391
101 071
Living cost
43 230
43 230
43 230
43 230
Free-cash
75 264
59 961
86 161
57 841

Estimated living cost  is ₽43230 per week

₽31573
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3458
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽562
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7638
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73051
₽76451
₽82368
₽78623
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
38 551
other
-
-
-
6 479
surtax
-
-
-
-
social contributions
-
-
-
5 954
health
-
-
-
10 173
pensions
-
-
-
33 189
total
-
-
-
94 346
Employee
40 388
-
159 562
-
pensions
4 567
-
12 004
-
surtax
-
-
-
-
social contributions
1 151
-
4 547
-
income
2 384
-
34 273
-
total
8 102
-
50 824
-
Employer
40 388
-
159 562
-
health
2 828
-
15 839
-
pensions
6 635
-
20 047
-
unemployment
1 635
-
6 463
-
social contributions
122
-
478
-
other
1 393
-
6 612
-
total
12 613
-
49 439
-
Corporate
156 000
209 000
-
-
income
43 681
58 519
-
-
surtax
-
-
-
-
total
43 681
58 519
-
-
Dividends
112 319
150 481
-
-
surtax
-
-
-
-
social contributions
19 319
25 882
-
-
withholding
14 376
19 262
-
-
total
33 695
45 144
-
-
Income
209 000
209 000
209 000
209 000
Total tax
98 091
103 663
100 263
94 346
After tax
110 909
105 337
108 737
114 654
Living cost
32 286
32 286
32 286
32 286
Free-cash
78 623
73 051
76 451
82 368

Estimated living cost  is ₽32286 per week

₽20358
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2625
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.
₽8755
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76250
₽79650
₽85567
₽81491
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
38 551
other
-
-
-
6 479
surtax
-
-
-
-
social contributions
-
-
-
5 954
health
-
-
-
10 173
pensions
-
-
-
33 189
total
-
-
-
94 346
Employee
36 052
-
159 562
-
pensions
4 078
-
12 004
-
surtax
-
-
-
-
social contributions
1 028
-
4 547
-
income
1 859
-
34 273
-
total
6 965
-
50 824
-
Employer
36 052
-
159 562
-
health
2 523
-
15 839
-
pensions
5 924
-
20 047
-
unemployment
1 459
-
6 463
-
social contributions
107
-
478
-
other
1 245
-
6 612
-
total
11 258
-
49 439
-
Corporate
161 690
209 000
-
-
income
45 273
58 519
-
-
surtax
-
-
-
-
total
45 273
58 519
-
-
Dividends
116 417
150 481
-
-
surtax
-
-
-
-
social contributions
20 025
25 882
-
-
withholding
14 901
19 262
-
-
total
34 926
45 144
-
-
Income
209 000
209 000
209 000
209 000
Total tax
98 422
103 663
100 263
94 346
After tax
110 578
105 337
108 737
114 654
Living cost
29 087
29 087
29 087
29 087
Free-cash
81 491
76 250
79 650
85 567

Estimated living cost  is ₽29087 per week

₽16869
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2955
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽552
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8712
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽107498
₽108643
₽114210
₽107989
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
31 350
social contributions
-
-
-
28 842
health
-
-
-
14 588
total
-
-
-
74 780
Employee
31 996
-
209 000
-
social contributions
4 416
-
28 842
-
income
5 337
-
36 917
-
health
2 233
-
14 588
-
total
11 986
-
80 347
-
Employer
31 996
-
209 000
-
total
-
-
-
-
Corporate
177 004
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%.

8 850
10 449
-
-
total
8 850
10 449
-
-
Dividends
168 154
198 551
-
-
social contributions
23 205
27 401
-
-
withholding
25 223
29 783
-
-
health
11 737
13 859
-
-
total
60 165
71 043
-
-
Income
209 000
209 000
209 000
209 000
Total tax
81 001
81 492
80 347
74 780
After tax
127 999
127 508
128 653
134 220
Living cost
20 010
20 010
20 010
20 010
Free-cash
107 989
107 498
108 643
114 210

Estimated living cost  is ₽20010 per week

₽13392
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1234
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4923
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81981
₽21577
₽73872
₽80519
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
66 239
surtax
-
-
-
186
unemployment
-
-
-
5 788
chamber of commerce
-
-
-
836
health
-
-
-
8 433
pensions
-
-
-
20 395
total
-
-
-
101 877
Employee
47 160
37 607
172 540
-
other
471
376
1 103
-
unemployment
1 415
1 128
3 308
-
pensions
4 830
3 850
11 289
-
income
5 369
2 774
55 507
-
health
1 825
1 456
4 266
-
total
13 910
9 584
75 473
-
Employer
47 160
37 607
172 540
-
chamber of commerce
188
150
689
-
health
1 782
1 422
4 167
-
pensions
5 919
4 721
13 836
-
accident
612
489
1 433
-
unemployment
1 415
1 128
3 308
-
surtax
186
186
186
-
payroll
1 415
1 128
5 175
-
other
2 240
1 785
7 666
-
total
13 757
11 009
36 460
-
Corporate
148 083
160 384
168 958
-
income

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

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

37 021
40 096
42 239
-
total
37 021
40 096
42 239
-
Dividends
111 062
120 288
-
-
withholding
30 542
33 079
-
-
total
30 542
33 079
-
-
Income
209 000
209 000
209 000
209 000
Total tax
95 230
93 768
154 172
101 877
After tax
113 770
115 232
54 828
107 123
Living cost
33 251
33 251
33 251
33 251
Free-cash
80 519
81 981
21 577
73 872

Estimated living cost  is ₽33251 per week

₽22177
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2837
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽546
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7691
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80469
₽36787
₽56480
₽68237
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
communal

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

-
-
-
11 128
social contributions
-
-
-
23 527
national
-
-
-
83 458
total
-
-
-
118 113
Employee

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

67 501
-
161 879
-
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.

587
-
1 408
-
communal

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

3 521
-
8 444
-
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.

5 063
-
12 142
-
national
20 753
-
61 082
-
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.

3 171
-
7 609
-
total
33 095
-
90 685
-
Employer

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

67 501
-
161 879
-
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.

4 151
-
9 955
-
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.

5 981
-
14 342
-
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.

877
-
2 104
-
unemployment

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

985
-
2 364
-
surtax
7 654
-
18 356
-
total
19 648
-
47 121
-
Corporate
121 850
209 000
-
-
income
24 371
44 492
-
-
surtax
487
890
-
-
total
24 858
45 382
-
-
Dividends
96 992
163 618
-
-
withholding

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

28 755
48 742
-
-
total
28 755
48 742
-
-
Income
209 000
209 000
209 000
209 000
Total tax
106 356
94 124
137 806
118 113
After tax
102 644
114 876
71 194
90 887
Living cost
34 407
34 407
34 407
34 407
Free-cash
68 237
80 469
36 787
56 480

Estimated living cost  is ₽34407 per week

₽22163
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3009
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8698
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽104715
₽78771
₽82732
₽98250
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
788
income
-
-
-
65 948
other
-
-
-
88
unemployment
-
-
-
612
pensions
-
-
-
24 752
total
-
-
-
92 188
Employee
46 973
-
181 116
-
other
47
-
88
-
unemployment
729
-
1 356
-
pensions
2 208
-
4 112
-
income
9 911
-
62 709
-
total
12 895
-
68 265
-
Employer
46 973
-
181 116
-
pensions
11 085
-
20 642
-
accident
929
-
1 732
-
unemployment
2 584
-
4 810
-
other
374
-
700
-
total
14 972
-
27 884
-
Corporate
147 054
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.

22 059
31 350
-
-
total
22 059
31 350
-
-
Dividends
124 995
177 650
-
-
withholding
26 744
38 855
-
-
total
26 744
38 855
-
-
Income
209 000
209 000
209 000
209 000
Total tax
76 670
70 205
96 149
92 188
After tax
132 330
138 795
112 851
116 812
Living cost
34 080
34 080
34 080
34 080
Free-cash
98 250
104 715
78 771
82 732

Estimated living cost  is ₽34080 per week

₽25096
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2418
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6074
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67350
₽55589
₽47259
₽54386
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
communal
-
-
-
13 209
accident
-
-
-
1 762
income
-
-
-
39 114
surtax
-
-
-
10 361
health
-
-
-
14 686
pensions
-
-
-
31 326
total
-
-
-
110 458
Employee
71 463
-
186 690
-
pensions
5 716
-
14 935
-
surtax
4 380
-
11 441
-
income
6 903
-
45 133
-
health
3 180
-
8 309
-
total
20 179
-
79 818
-
Employer
71 463
-
186 690
-
health
2 179
-
5 695
-
pensions
5 716
-
14 935
-
accident
643
-
1 680
-
total
8 538
-
22 310
-
Corporate
128 998
209 000
-
-
communal
8 707
14 108
-
-
income
19 349
31 350
-
-
surtax
1 354
2 194
-
-
total
29 410
47 652
-
-
Dividends
99 588
161 349
-
-
income
30 265
18 513
-
-
withholding
14 939
24 202
-
-
total
45 204
42 715
-
-
Income
209 000
209 000
209 000
209 000
Total tax
103 331
90 367
102 128
110 458
After tax
105 669
118 633
106 872
98 542
Living cost
51 283
51 283
51 283
51 283
Free-cash
54 386
67 350
55 589
47 259

Estimated living cost  is ₽51283 per week

₽38470
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3107
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.
₽9162
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽110264
₽71370
₽77141
₽107263
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
65 342
other
-
-
-
-
surtax
-
-
-
10 976
unemployment
-
-
-
215
health
-
-
-
8 941
pensions
-
-
-
25 189
total
-
-
-
110 663
Employee
31 779
-
182 489
-
other
-
-
-
-
unemployment
2 212
-
8 766
-
pensions
2 120
-
8 401
-
surtax
113
-
9 846
-
income
5 328
-
59 698
-
health
811
-
3 211
-
total
10 584
-
89 922
-
Employer
31 779
-
182 489
-
health
1 445
-
5 731
-
pensions
4 237
-
16 789
-
unemployment
1 008
-
3 992
-
other
-
-
-
-
total
6 690
-
26 512
-
Corporate
170 530
209 000
-
-
income
44 338
54 340
-
-
total
44 338
54 340
-
-
Dividends
126 192
154 660
-
-
withholding
18 929
23 200
-
-
total
18 929
23 200
-
-
Income
209 000
209 000
209 000
209 000
Total tax
80 541
77 540
116 434
110 663
After tax
128 459
131 460
92 566
98 337
Living cost
21 196
21 196
21 196
21 196
Free-cash
107 263
110 264
71 370
77 141

Estimated living cost  is ₽21196 per week

₽12797
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1843
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6065
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84434
₽66483
₽74442
₽82338
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
47 230
regional
-
-
-
3 283
municipal
-
-
-
1 295
national
-
-
-
57 330
total
-
-
-
109 138
Employee
52 347
-
209 000
-
municipal
278
-
1 177
-
national
8 293
-
51 014
-
regional
705
-
2 986
-
social contributions
17 652
-
61 920
-
total
26 928
-
117 097
-
Employer
52 347
-
209 000
-
total
-
-
-
-
Corporate
156 653
209 000
-
-
municipal
7 786
10 387
-
-
nationa
37 598
50 160
-
-
total
45 384
60 547
-
-
Dividends
111 269
148 453
-
-
withholding
28 930
38 599
-
-
total
28 930
38 599
-
-
Income
209 000
209 000
209 000
209 000
Total tax
101 242
99 146
117 097
109 138
After tax
107 758
109 854
91 903
99 862
Living cost
25 420
25 420
25 420
25 420
Free-cash
82 338
84 434
66 483
74 442

Estimated living cost  is ₽25420 per week

₽15809
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2575
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽435
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6601
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽115401
₽85437
₽94538
₽105235
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
22 126
social contributions
-
-
-
33 276
solidarity contribution
-
-
-
2 349
health
-
-
-
28 215
total
-
-
-
85 966
Employee
41 906
-
165 606
-
solidarity contribution
-
-
1 532
-
social contributions
2 724
-
7 407
-
income
5 029
-
20 376
-
health
5 657
-
22 357
-
total
13 410
-
51 672
-
Employer
41 906
-
165 606
-
health
3 771
-
14 905
-
social contributions
10 476
-
28 490
-
total
14 247
-
43 395
-
Corporate
152 846
209 000
-
-
income
29 041
39 710
-
-
total
29 041
39 710
-
-
Dividends
123 805
169 290
-
-
withholding
18 571
25 393
-
-
total
18 571
25 393
-
-
Income
209 000
209 000
209 000
209 000
Total tax
75 269
65 103
95 067
85 966
After tax
133 731
143 897
113 933
123 034
Living cost
28 496
28 496
28 496
28 496
Free-cash
105 235
115 401
85 437
94 538

Estimated living cost  is ₽28496 per week

₽21191
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1579
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽493
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5233
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85228
₽24768
₽77203
₽84761
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
66 239
surtax
-
-
-
-
unemployment
-
-
-
5 788
chamber of commerce
-
-
-
836
health
-
-
-
8 433
pensions
-
-
-
20 395
total
-
-
-
101 691
Employee
41 250
37 607
172 713
-
other
412
376
1 103
-
unemployment
1 237
1 128
3 308
-
pensions
4 224
3 850
11 289
-
income
3 675
2 774
55 590
-
health
1 596
1 456
4 266
-
total
11 144
9 584
75 556
-
Employer
41 250
37 607
172 713
-
chamber of commerce
165
150
691
-
health
1 560
1 422
4 167
-
pensions
5 177
4 721
13 836
-
accident
535
489
1 433
-
unemployment
1 237
1 128
3 308
-
surtax
-
-
-
-
payroll
1 237
1 128
5 181
-
other
1 959
1 785
7 672
-
total
11 870
10 823
36 288
-
Corporate
155 878
160 570
169 132
-
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.

38 969
40 142
42 282
-
total
38 969
40 142
42 282
-
Dividends
116 909
120 428
-
-
withholding
32 150
33 117
-
-
total
32 150
33 117
-
-
Income
209 000
209 000
209 000
209 000
Total tax
94 133
93 666
154 126
101 691
After tax
114 867
115 334
54 874
107 309
Living cost
30 106
30 106
30 106
30 106
Free-cash
84 761
85 228
24 768
77 203

Estimated living cost  is ₽30106 per week

₽18060
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3075
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽537
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8435
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽186721
₽155371
₽195081
₽184502
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We expect you will register a microenterprise to benefit from 1% tax rate. Otherwise you will be taxed at a personal income rate of 20%.

-
-
-
209 000
microenterprise

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

-
-
-
2 090
total
-
-
-
2 090
Employee
14 787
-
209 000
-
income
2 958
-
41 800
-
total
2 958
-
41 800
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

We will register your company as part of a virtual zone. Your non-Georgian corporate tax will be zero. Turnover in Georgia will be taxed at 15%.

194 213
209 000
-
-
total
-
-
-
-
Dividends
194 213
209 000
-
-
withholding
9 711
10 450
-
-
total
9 711
10 450
-
-
Income
209 000
209 000
209 000
209 000
Total tax
12 669
10 450
41 800
2 090
After tax
196 331
198 550
167 200
206 910
Living cost
11 829
11 829
11 829
11 829
Free-cash
184 502
186 721
155 371
195 081

Estimated living cost  is ₽11829 per week

₽8005
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽497
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽397
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2931
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽118585
₽67529
₽72069
₽110693
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
52 573
unemployment
-
-
-
313
health
-
-
-
20 565
pensions
-
-
-
38 169
total
-
-
-
111 620
Employee

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

41 729
-
180 842
-
unemployment
59
-
253
-
pensions
6 468
-
28 031
-
income
7 196
-
48 035
-
health
2 695
-
11 683
-
total
16 418
-
88 002
-
Employer

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

41 729
-
180 842
-
health
2 779
-
12 045
-
pensions
3 693
-
16 004
-
unemployment
25
-
109
-
total
6 497
-
28 158
-
Corporate
160 774
209 000
-
-
income
30 547
39 711
-
-
total
30 547
39 711
-
-
Dividends
130 227
169 289
-
-
withholding
19 534
25 393
-
-
total
19 534
25 393
-
-
Income
209 000
209 000
209 000
209 000
Total tax
72 996
65 104
116 160
111 620
After tax
136 004
143 896
92 840
97 380
Living cost
25 311
25 311
25 311
25 311
Free-cash
110 693
118 585
67 529
72 069

Estimated living cost  is ₽25311 per week

₽17371
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1622
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5829
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86826
₽156374
₽104106
₽42366
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
40 738
social contributions
-
-
-
23 826
total
-
-
-
64 564
Employee
57 828
-
-
-
social contributions
4 742
-
676
-
income
12 756
-
-
-
total
17 498
-
676
-
Employer
57 828
-
-
-
social contributions
81 537
-
11 620
-
total
81 537
-
11 620
-
Corporate
69 636
209 000
-
-
income
15 320
45 980
-
-
total
15 320
45 980
-
-
Dividends
54 316
163 020
-
-
income
11 949
35 864
-
-
total
11 949
35 864
-
-
Income
209 000
209 000
209 000
209 000
Total tax
126 304
81 844
12 296
64 564
After tax
82 696
127 156
196 704
144 436
Living cost
40 330
40 330
40 330
40 330
Free-cash
42 366
86 826
156 374
104 106

Estimated living cost  is ₽40330 per week

₽26168
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3793
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.
₽9855
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89279
₽63387
₽79584
₽88329
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
27 189
surtax
-
-
-
-
social contributions

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

-
-
-
72 627
total
-
-
-
99 816
Employee
43 401
-
168 888
-
surtax
-
-
175
-
social contributions
4 774
-
18 578
-
income
9 028
-
57 150
-
total
13 802
-
75 903
-
Employer
43 401
-
168 888
-
social contributions
10 308
-
40 110
-
total
10 308
-
40 110
-
Corporate
155 291
209 000
-
-
income
32 610
43 890
-
-
surtax
-
-
-
-
total
32 610
43 890
-
-
Dividends
122 681
165 110
-
-
withholding
34 351
46 231
-
-
total
34 351
46 231
-
-
Income
209 000
209 000
209 000
209 000
Total tax
91 071
90 121
116 013
99 816
After tax
117 929
118 879
92 987
109 184
Living cost
29 600
29 600
29 600
29 600
Free-cash
88 329
89 279
63 387
79 584

Estimated living cost  is ₽29600 per week

₽22147
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1746
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.
₽5213
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59759
₽63159
₽69076
₽66247
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
38 551
other
-
-
-
6 479
surtax
-
-
-
-
social contributions
-
-
-
5 954
health
-
-
-
10 173
pensions
-
-
-
33 189
total
-
-
-
94 346
Employee
59 104
-
159 562
-
pensions
6 685
-
12 004
-
surtax
-
-
-
-
social contributions
1 683
-
4 547
-
income
5 157
-
34 273
-
total
13 525
-
50 824
-
Employer
59 104
-
159 562
-
health
4 137
-
15 839
-
pensions
9 711
-
20 047
-
unemployment
2 394
-
6 463
-
social contributions
177
-
478
-
other
2 040
-
6 612
-
total
18 459
-
49 439
-
Corporate
131 437
209 000
-
-
income
36 802
58 519
-
-
surtax
-
-
-
-
total
36 802
58 519
-
-
Dividends
94 634
150 481
-
-
surtax
-
-
-
-
social contributions
16 276
25 882
-
-
withholding
12 113
19 262
-
-
total
28 389
45 144
-
-
Income
209 000
209 000
209 000
209 000
Total tax
97 175
103 663
100 263
94 346
After tax
111 825
105 337
108 737
114 654
Living cost
45 578
45 578
45 578
45 578
Free-cash
66 247
59 759
63 159
69 076

Estimated living cost  is ₽45578 per week

₽30846
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3728
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽625
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10378
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽159734
₽129636
₽124083
₽156563
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 571
social contributions
-
-
-
45 980
total
-
-
-
56 551
Employee
30 338
-
180 953
-
income
-
-
11 189
-
social contributions
1 972
-
11 762
-
total
1 972
-
22 951
-
Employer
30 338
-
180 953
-
social contributions
4 703
-
28 047
-
total
4 703
-
28 047
-
Corporate
173 959
209 000
-
-
income
17 396
20 900
-
-
total
17 396
20 900
-
-
Dividends
156 564
188 100
-
-
total
-
-
-
-
Income
209 000
209 000
209 000
209 000
Total tax
24 071
20 900
50 998
56 551
After tax
184 929
188 100
158 002
152 449
Living cost
28 366
28 366
28 366
28 366
Free-cash
156 563
159 734
129 636
124 083

Estimated living cost  is ₽28366 per week

₽18341
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2138
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽534
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7353
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3408
₽3408
₽75348
₽1940
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
44 806
national
-
-
-
25 930
pensions
-
-
-
818
total
-
-
-
88 208
Employee
191 810
191 810
191 810
-
municipal
40 845
40 845
40 845
-
labour market
15 323
15 323
15 323
-
pensions
273
273
273
-
national
23 433
23 433
23 433
-
total
79 874
79 874
79 874
-
Employer
191 810
191 810
191 810
-
national
23 474
23 474
23 474
-
labour market
15 345
15 345
15 345
-
pensions
545
545
545
-
municipal
40 910
40 910
40 910
-
total
80 274
80 274
80 274
-
Corporate
3 409
-
-
-
income
750
-
-
-
total
750
-
-
-
Dividends
2 659
-
-
-
withholding
718
-
-
-
total
718
-
-
-
Income
209 000
209 000
209 000
209 000
Total tax
161 616
160 148
160 148
88 208
After tax
47 384
48 852
48 852
120 792
Living cost
45 444
45 444
45 444
45 444
Free-cash
1 940
3 408
3 408
75 348

Estimated living cost  is ₽45444 per week

₽31103
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4020
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽699
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9623
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3730
₽94309
₽122065
₽13760
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
241
income
-
-
-
59 637
other
-
-
-
353
health
-
-
-
2 079
pensions
-
-
-
3 966
total
-
-
-
66 276
Employee
32 498
-
190 645
-
pensions
3 660
-
7 272
-
income
4 458
-
46 575
-
health
3 721
-
21 829
-
total
11 839
-
75 676
-
Employer
32 498
-
190 645
-
pensions
5 284
-
10 501
-
accident
543
-
3 184
-
unemployment
796
-
4 671
-
total
6 623
-
18 356
-
Corporate
169 879
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.

152 891
188 100
-
-
total
152 891
188 100
-
-
Dividends
16 988
20 900
-
-
withholding
3 228
3 971
-
-
total
3 228
3 971
-
-
Income
209 000
209 000
209 000
209 000
Total tax
174 581
192 071
94 032
66 276
After tax
34 419
16 929
114 968
142 724
Living cost
20 659
20 659
20 659
20 659
Free-cash
13 760
-3 730
94 309
122 065

Estimated living cost  is ₽20659 per week

₽15037
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1178
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.
₽4056
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92075
₽68420
₽92358
₽94991
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 824
municipal
-
-
-
37 112
national
-
-
-
40 476
total
-
-
-
80 412
Employee
49 648
-
175 822
-
municipal
8 132
-
28 620
-
unemployment
745
-
2 638
-
pensions
3 351
-
11 868
-
national
820
-
25 734
-
health
371
-
2 314
-
total
13 419
-
71 174
-
Employer
49 648
-
175 822
-
health
381
-
1 354
-
pensions
8 614
-
30 504
-
accident
50
-
175
-
unemployment
322
-
1 143
-
total
9 367
-
33 176
-
Corporate
149 984
209 000
-
-
income
29 997
41 801
-
-
total
29 997
41 801
-
-
Dividends

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

89 990
125 400
-
-
municipal
16 198
22 571
-
-
national
8 798
16 323
-
-
total
24 996
38 894
-
-
Income
209 000
209 000
209 000
209 000
Total tax
77 779
80 695
104 350
80 412
After tax
131 221
128 305
104 650
128 588
Living cost
36 230
36 230
36 230
36 230
Free-cash
94 991
92 075
68 420
92 358

Estimated living cost  is ₽36230 per week

₽23665
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.
₽577
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8504
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽130481
₽117140
₽118862
₽125344
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
47 692
social contributions
-
-
-
15 268
health
-
-
-
5 329
total
-
-
-
68 289
Employee
72 564
72 564
197 227
-
social contributions
2 743
6 022
8 123
-
income
7 901
6 717
46 765
-
health
562
1 234
3 352
-
total
11 206
13 973
58 240
-
Employer
72 564
72 564
197 227
-
health
611
1 343
3 648
-
social contributions
2 743
6 022
8 123
-
total
3 354
7 365
11 771
-
Corporate
172 591
129 071
-
-
income
21 574
16 133
-
-
total
21 574
16 133
-
-
Dividends
151 017
112 938
-
-
withholding
25 673
19 199
-
-
total
25 673
19 199
-
-
Income
209 000
209 000
209 000
209 000
Total tax
61 807
56 670
70 011
68 289
After tax
147 193
152 330
138 989
140 711
Living cost
21 849
21 849
21 849
21 849
Free-cash
125 344
130 481
117 140
118 862

Estimated living cost  is ₽21849 per week

₽13094
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2144
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.
₽6128
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽158091
₽144026
₽162955
₽153290
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
21 617
unemployment
-
-
-
27
health
-
-
-
3 415
pensions
-
-
-
6 003
total
-
-
-
31 062
Employee

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

21 660
-
199 777
-
unemployment
107
-
448
-
pensions
3 248
-
13 431
-
income
1 481
-
19 278
-
health
1 841
-
7 611
-
total
6 677
-
40 768
-
Employer

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

21 660
-
199 777
-
health
931
-
3 850
-
pensions
1 191
-
4 925
-
unemployment
107
-
448
-
total
2 229
-
9 223
-
Corporate
185 110
209 000
-
-
income
16 660
18 810
-
-
total
16 660
18 810
-
-
Dividends
168 450
190 190
-
-
withholding
15 161
17 116
-
-
total
15 161
17 116
-
-
Income
209 000
209 000
209 000
209 000
Total tax
40 727
35 926
49 991
31 062
After tax
168 273
173 074
159 009
177 938
Living cost
14 983
14 983
14 983
14 983
Free-cash
153 290
158 091
144 026
162 955

Estimated living cost  is ₽14983 per week

₽9559
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1080
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽446
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3897
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽112845
₽86901
₽90862
₽108678
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
788
income
-
-
-
65 948
other
-
-
-
88
unemployment
-
-
-
612
pensions
-
-
-
24 752
total
-
-
-
92 188
Employee
34 893
-
181 116
-
other
34
-
88
-
unemployment
541
-
1 356
-
pensions
1 640
-
4 112
-
income
6 727
-
62 709
-
total
8 942
-
68 265
-
Employer
34 893
-
181 116
-
pensions
8 234
-
20 642
-
accident
691
-
1 732
-
unemployment
1 920
-
4 810
-
other
279
-
700
-
total
11 124
-
27 884
-
Corporate
162 983
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.

24 448
31 350
-
-
total
24 448
31 350
-
-
Dividends
138 535
177 650
-
-
withholding
29 858
38 855
-
-
total
29 858
38 855
-
-
Income
209 000
209 000
209 000
209 000
Total tax
74 372
70 205
96 149
92 188
After tax
134 628
138 795
112 851
116 812
Living cost
25 950
25 950
25 950
25 950
Free-cash
108 678
112 845
86 901
90 862

Estimated living cost  is ₽25950 per week

₽17516
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2495
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.
₽5485
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽128511
₽132692
₽132827
₽128198
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
71 872
health
-
-
-
1 007
pensions
-
-
-
1 389
total
-
-
-
74 268
Employee
2 901
-
207 437
-
unemployment
29
-
69
-
pensions
261
-
625
-
income
561
-
71 799
-
health
145
-
347
-
total
996
-
72 840
-
Employer
2 901
-
207 437
-
health
276
-
660
-
pensions
319
-
764
-
unemployment
58
-
139
-
total
653
-
1 563
-
Corporate
205 446
209 000
-
-
income
45 198
45 980
-
-
total
45 198
45 980
-
-
Dividends
160 248
163 020
-
-
withholding
32 050
32 604
-
-
total
32 050
32 604
-
-
Income
209 000
209 000
209 000
209 000
Total tax
78 897
78 584
74 403
74 268
After tax
130 103
130 416
134 597
134 732
Living cost
1 905
1 905
1 905
1 905
Free-cash
128 198
128 511
132 692
132 827

Estimated living cost  is ₽1905 per week

₽1132
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽44
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽575
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽134682
₽118006
₽118007
₽130038
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
48 308
unemployment
-
-
-
1 046
health
-
-
-
7 184
pensions
-
-
-
18 134
total
-
-
-
74 672
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.

24 612
-
196 515
-
unemployment
185
-
523
-
pensions
3 446
-
9 765
-
income
3 393
-
48 308
-
health
1 267
-
3 592
-
total
8 291
-
62 188
-
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.

24 612
-
196 515
-
health
1 267
-
3 592
-
pensions
2 953
-
8 370
-
unemployment
185
-
523
-
total
4 405
-
12 485
-
Corporate
179 983
209 000
-
-
income
26 997
31 350
-
-
total
26 997
31 350
-
-
Dividends
152 985
177 650
-
-
withholding
22 948
26 647
-
-
total
22 948
26 647
-
-
Income
209 000
209 000
209 000
209 000
Total tax
62 641
57 997
74 673
74 672
After tax
146 359
151 003
134 327
134 328
Living cost
16 321
16 321
16 321
16 321
Free-cash
130 038
134 682
118 006
118 007

Estimated living cost  is ₽16321 per week

₽10989
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1262
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3597
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93438
₽67546
₽83743
₽93100
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
27 189
surtax
-
-
-
-
social contributions

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

-
-
-
72 627
total
-
-
-
99 816
Employee
36 626
-
168 888
-
surtax
-
-
175
-
social contributions
4 029
-
18 578
-
income
7 156
-
57 150
-
total
11 185
-
75 903
-
Employer
36 626
-
168 888
-
social contributions
8 698
-
40 110
-
total
8 698
-
40 110
-
Corporate
163 676
209 000
-
-
income
34 372
43 890
-
-
surtax
-
-
-
-
total
34 372
43 890
-
-
Dividends
129 304
165 110
-
-
withholding
36 204
46 231
-
-
total
36 204
46 231
-
-
Income
209 000
209 000
209 000
209 000
Total tax
90 459
90 121
116 013
99 816
After tax
118 541
118 879
92 987
109 184
Living cost
25 441
25 441
25 441
25 441
Free-cash
93 100
93 438
67 546
83 743

Estimated living cost  is ₽25441 per week

₽18019
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1768
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.
₽5204
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽105630
₽79686
₽83647
₽99454
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
788
income
-
-
-
65 948
other
-
-
-
88
unemployment
-
-
-
612
pensions
-
-
-
24 752
total
-
-
-
92 188
Employee
45 575
-
181 116
-
other
45
-
88
-
unemployment
706
-
1 356
-
pensions
2 142
-
4 112
-
income
9 519
-
62 709
-
total
12 412
-
68 265
-
Employer
45 575
-
181 116
-
pensions
10 755
-
20 642
-
accident
903
-
1 732
-
unemployment
2 507
-
4 810
-
other
365
-
700
-
total
14 530
-
27 884
-
Corporate
148 895
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.

22 335
31 350
-
-
total
22 335
31 350
-
-
Dividends
126 560
177 650
-
-
withholding
27 104
38 855
-
-
total
27 104
38 855
-
-
Income
209 000
209 000
209 000
209 000
Total tax
76 381
70 205
96 149
92 188
After tax
132 619
138 795
112 851
116 812
Living cost
33 165
33 165
33 165
33 165
Free-cash
99 454
105 630
79 686
83 647

Estimated living cost  is ₽33165 per week

₽23817
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2579
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽467
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6302
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽162464
₽161276
₽152619
₽156714
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
31 350
unemployment
-
-
-
132
health
-
-
-
3 790
pensions

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

-
-
-
4 878
total
-
-
-
40 150
Employee
21 492
-
202 534
-
accident

We are using the highest rate at 1.1%.

236
-
363
-
pensions

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

1 887
-
2 894
-
income
2 150
-
20 253
-
health
989
-
1 516
-
total
5 262
-
25 026
-
Employer
21 492
-
202 534
-
health
1 483
-
2 274
-
pensions

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

2 368
-
3 632
-
accident

We are using the highest rate at 1.1%.

236
-
363
-
unemployment
129
-
198
-
total
4 216
-
6 467
-
Corporate
183 291
209 000
-
-
income
18 329
20 900
-
-
total
18 329
20 900
-
-
Dividends
164 962
188 100
-
-
withholding
8 248
9 405
-
-
total
8 248
9 405
-
-
Income
209 000
209 000
209 000
209 000
Total tax
36 055
30 305
31 493
40 150
After tax
172 945
178 695
177 507
168 850
Living cost
16 231
16 231
16 231
16 231
Free-cash
156 714
162 464
161 276
152 619

Estimated living cost  is ₽16231 per week

₽10735
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽929
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽387
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4180
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71058
₽92959
₽69263
₽83404
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
69 348
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.

-
-
-
3 814
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.

-
-
-
6 447
trade
-
-
-
23 696
total
-
-
-
103 305
Employee

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

46 953
-
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.

213
-
3 814
-
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.

3 861
-
69 348
-
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.

6 447
-
6 447
-
total
10 521
-
79 609
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
162 047
209 000
-
-
income
24 306
31 350
-
-
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.

1 338
1 725
-
-
chamber of commerce
381
449
-
-
trade
23 253
29 992
-
-
total
49 278
63 516
-
-
Dividends
112 768
145 484
-
-
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.

1 531
1 981
-
-
withholding
27 834
36 013
-
-
total
29 365
37 994
-
-
Income
209 000
209 000
209 000
209 000
Total tax
89 164
101 510
79 609
103 305
After tax
119 836
107 490
129 391
105 695
Living cost
36 432
36 432
36 432
36 432
Free-cash
83 404
71 058
92 959
69 263

Estimated living cost  is ₽36432 per week

₽25132
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3920
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6852
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92544
₽51383
₽51383
₽94627
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
68 002
social contributions
-
-
-
35 860
total
-
-
-
103 862
Employee
73 816
-
209 000
-
income
13 929
-
68 002
-
social contributions
6 133
-
35 860
-
total
20 062
-
103 862
-
Employer
73 816
-
209 000
-
total
-
-
-
-
Corporate
135 184
209 000
-
-
income
16 898
26 126
-
-
total
16 898
26 126
-
-
Dividends
118 286
182 874
-
-
withholding
23 658
36 575
-
-
total
23 658
36 575
-
-
Income
209 000
209 000
209 000
209 000
Total tax
60 618
62 701
103 862
103 862
After tax
148 382
146 299
105 138
105 138
Living cost
53 755
53 755
53 755
53 755
Free-cash
94 627
92 544
51 383
51 383

Estimated living cost  is ₽53755 per week

₽40896
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4380
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.
₽7965
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96609
₽111738
₽137686
₽99908
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
5 709
total
-
-
-
37 059
Employee
43 290
-
204 659
-
income
4 697
-
54 325
-
social contributions
4 337
-
4 341
-
total
9 034
-
58 666
-
Employer
43 290
-
204 659
-
social contributions
4 337
-
4 341
-
total
4 337
-
4 341
-
Corporate
161 373
209 000
-
-
income
56 480
73 150
-
-
total
56 480
73 150
-
-
Dividends
104 893
135 850
-
-
social contributions
4 986
4 986
-
-
total
4 986
4 986
-
-
Income
209 000
209 000
209 000
209 000
Total tax
74 837
78 136
63 007
37 059
After tax
134 163
130 864
145 993
171 941
Living cost
34 255
34 255
34 255
34 255
Free-cash
99 908
96 609
111 738
137 686

Estimated living cost  is ₽34255 per week

₽22564
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2701
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8465
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97191
₽81713
₽100391
₽102764
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
64 324
pensions
-
-
-
9 331
total
-
-
-
73 655
Employee
47 979
-
182 174
-
pensions
3 662
-
11 161
-
income
8 737
-
51 873
-
health
626
-
2 473
-
total
13 025
-
65 507
-
Employer
47 979
-
182 174
-
health
912
-
3 461
-
pensions
4 847
-
23 365
-
total
5 759
-
26 826
-
Corporate
155 261
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.

29 499
39 710
-
-
total
29 499
39 710
-
-
Dividends
125 762
169 290
-
-
withholding
22 999
37 145
-
-
total
22 999
37 145
-
-
Income
209 000
209 000
209 000
209 000
Total tax
71 282
76 855
92 333
73 655
After tax
137 718
132 145
116 667
135 345
Living cost
34 954
34 954
34 954
34 954
Free-cash
102 764
97 191
81 713
100 391

Estimated living cost  is ₽34954 per week

₽23978
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3214
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽437
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7322
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽5775
₽92264
₽120020
₽13447
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
241
income
-
-
-
59 637
other
-
-
-
353
health
-
-
-
2 079
pensions
-
-
-
3 966
total
-
-
-
66 276
Employee
35 715
-
190 645
-
pensions
4 022
-
7 272
-
income
4 900
-
46 575
-
health
4 089
-
21 829
-
total
13 011
-
75 676
-
Employer
35 715
-
190 645
-
pensions
5 807
-
10 501
-
accident
596
-
3 184
-
unemployment
875
-
4 671
-
total
7 278
-
18 356
-
Corporate
166 007
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.

149 406
188 100
-
-
total
149 406
188 100
-
-
Dividends
16 601
20 900
-
-
withholding
3 154
3 971
-
-
total
3 154
3 971
-
-
Income
209 000
209 000
209 000
209 000
Total tax
172 849
192 071
94 032
66 276
After tax
36 151
16 929
114 968
142 724
Living cost
22 704
22 704
22 704
22 704
Free-cash
13 447
-5 775
92 264
120 020

Estimated living cost  is ₽22704 per week

₽16662
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1323
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4261
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽147137
₽140392
₽119639
₽144282
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
35 106
unemployment
-
-
-
1 811
work injury
-
-
-
755
health insurance
-
-
-
11 169
pensions
-
-
-
27 772
total
-
-
-
76 613
Employee

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

20 397
-
209 000
-
health insurance
1 509
-
5 585
-
unemployment
245
-
906
-
work injury
102
-
377
-
pensions
3 753
-
13 886
-
income
2 040
-
35 106
-
total
7 649
-
55 860
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
188 603
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%.

18 860
20 900
-
-
total
18 860
20 900
-
-
Dividends
169 743
188 100
-
-
withholding
25 461
28 215
-
-
total
25 461
28 215
-
-
Income
209 000
209 000
209 000
209 000
Total tax
51 970
49 115
55 860
76 613
After tax
157 030
159 885
153 140
132 387
Living cost
12 748
12 748
12 748
12 748
Free-cash
144 282
147 137
140 392
119 639

Estimated living cost  is ₽12748 per week

₽7898
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽926
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽398
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3526
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72495
₽52568
₽60319
₽68200
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
47 230
regional
-
-
-
5 072
municipal
-
-
-
1 456
national
-
-
-
57 330
total
-
-
-
111 088
Employee
79 519
-
209 000
-
municipal
475
-
1 323
-
national
13 438
-
51 014
-
regional
1 201
-
4 582
-
social contributions
26 813
-
61 920
-
total
41 927
-
118 839
-
Employer
79 519
-
209 000
-
total
-
-
-
-
Corporate
129 481
209 000
-
-
municipal
6 241
10 073
-
-
nationa
31 076
50 160
-
-
total
37 317
60 233
-
-
Dividends
92 164
148 767
-
-
withholding
23 963
38 679
-
-
total
23 963
38 679
-
-
Income
209 000
209 000
209 000
209 000
Total tax
103 207
98 912
118 839
111 088
After tax
105 793
110 088
90 161
97 912
Living cost
37 593
37 593
37 593
37 593
Free-cash
68 200
72 495
52 568
60 319

Estimated living cost  is ₽37593 per week

₽26407
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2586
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽568
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8032
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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