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
₽ 211000
per

Your estimated
City
free-cash

Dresden , Germany
₽76384
₽101165
₽87333
₽75179
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
211 000
health

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

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

-
-
-
6 761
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.

-
-
-
69 289
trade
-
-
-
25 986
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.

-
-
-
3 810
total
-
-
-
105 846
Employee

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

37 851
-
211 000
-
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.

58
-
3 810
-
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.

1 057
-
69 289
-
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.

6 761
-
6 761
-
total
7 876
-
79 860
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
173 149
211 000
-
-
trade
27 271
33 233
-
-
chamber of commerce
398
453
-
-
surtax

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

1 429
1 741
-
-
income
25 973
31 650
-
-
total
55 071
67 077
-
-
Dividends
118 078
143 923
-
-
withholding
29 143
35 605
-
-
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.

1 602
1 959
-
-
total
30 745
37 564
-
-
Income
211 000
211 000
211 000
211 000
Total tax
93 692
104 641
79 860
105 846
After tax
117 308
106 359
131 140
105 154
Living cost
29 975
29 975
29 975
29 975
Free-cash
87 333
76 384
101 165
75 179

Estimated living cost  is ₽29975 per week

₽18855
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3495
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽560
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7065
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79258
₽70488
₽78387
₽69355
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
211 000
social contributions
-
-
-
2 268
national
-
-
-
38 331
pensions
-
-
-
25 320
municipal
-
-
-
23 320
total
-
-
-
89 239
Employee
81 239
-
182 408
-
national
15 549
-
40 120
-
municipal
10 034
-
24 136
-
pensions
3 250
-
7 296
-
total
28 833
-
71 552
-
Employer
81 239
-
182 408
-
pensions
6 499
-
14 593
-
social contributions
873
-
1 961
-
total
7 372
-
16 554
-
Corporate
117 027
211 000
-
-
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%.

23 405
42 200
-
-
total
23 405
42 200
-
-
Dividends
93 622
168 800
-
-
withholding
20 597
37 136
-
-
total
20 597
37 136
-
-
Income
211 000
211 000
211 000
211 000
Total tax
80 207
79 336
88 106
89 239
After tax
130 793
131 664
122 894
121 761
Living cost
52 406
52 406
52 406
52 406
Free-cash
78 387
79 258
70 488
69 355

Estimated living cost  is ₽52406 per week

₽35620
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4872
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽784
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11130
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽148211
₽70537
₽140094
₽55376
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
211 000
microenterprise
-
-
-
-
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.

-
-
-
37 917
income
-
-
-
43 314
surtax
-
-
-
53 805
total
-
-
-
135 036
Employee
28 917
-
164 493
-
surtax
-
-
23 851
-
income
5 148
-
36 544
-
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.

3 181
-
12 973
-
total
8 329
-
73 368
-
Employer
28 917
-
164 493
-
surtax
-
-
18 095
-
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.

6 966
-
28 412
-
total
6 966
-
46 507
-
Corporate
175 117
211 000
-
-
income

Corporate income tax rate is 20% applicable to the taxable base. However, before applying the statutory rate, the taxable base should be divided by a coefficient of 0.8. As taxable base is increased by the coefficient, the effective corporate income tax rate is 25%.

35 023
42 201
-
-
total
35 023
42 201
-
-
Dividends

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

140 094
168 799
-
-
total
-
-
-
-
Income
211 000
211 000
211 000
211 000
Total tax
50 318
42 201
119 875
135 036
After tax
160 682
168 799
91 125
75 964
Living cost
20 588
20 588
20 588
20 588
Free-cash
140 094
148 211
70 537
55 376

Estimated living cost  is ₽20588 per week

₽13135
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1961
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5026
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63555
₽93509
₽57494
₽72481
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
211 000
health
-
-
-
12 203
income
-
-
-
73 264
pensions
-
-
-
11 595
total
-
-
-
97 062
Employee
84 510
84 510
192 609
-
income

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

13 833
13 833
33 845
-
pensions
15 212
11 595
11 595
-
health
12 971
11 033
12 203
-
total
42 016
36 461
57 643
-
Employer
84 510
84 510
192 609
-
unemployment
3 042
3 042
3 780
-
pensions
5 882
5 882
7 311
-
health
5 874
5 874
7 300
-
total
14 798
14 798
18 391
-
Corporate
112 728
111 691
-
-
income
22 545
22 339
-
-
total
22 545
22 339
-
-
Dividends
90 182
89 352
-
-
withholding
13 527
13 403
-
-
income
19 163
18 987
-
-
total
32 690
32 390
-
-
Income
211 000
211 000
211 000
211 000
Total tax
112 049
105 988
76 034
97 062
After tax
98 951
105 012
134 966
113 938
Living cost
41 457
41 457
41 457
41 457
Free-cash
57 494
63 555
93 509
72 481

Estimated living cost  is ₽41457 per week

₽29380
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3737
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽659
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7681
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rotterdam model

Close
Stockholm , Sweden
₽73899
₽64270
₽72970
₽65273
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
211 000
health
-
-
-
5 649
national
-
-
-
23 094
pensions
-
-
-
9 786
unemployment
-
-
-
91
other
-
-
-
10 520
accident
-
-
-
181
municipal
-
-
-
55 099
total
-
-
-
104 420
Employee
58 859
-
182 555
-
national
-
-
22 540
-
municipal
17 552
-
54 438
-
total
17 552
-
76 978
-
Employer
58 859
-
182 555
-
unemployment
1 554
-
2 390
-
pensions
6 363
-
9 786
-
accident
118
-
181
-
other
6 839
-
10 520
-
health
3 620
-
5 568
-
total
18 494
-
28 445
-
Corporate
133 648
211 000
-
-
income
29 403
46 420
-
-
total
29 403
46 420
-
-
Dividends
104 245
164 580
-
-
withholding
31 274
49 374
-
-
total
31 274
49 374
-
-
Income
211 000
211 000
211 000
211 000
Total tax
96 723
95 794
105 423
104 420
After tax
114 277
115 206
105 577
106 580
Living cost
41 307
41 307
41 307
41 307
Free-cash
72 970
73 899
64 270
65 273

Estimated living cost  is ₽41307 per week

₽27377
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4053
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽627
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9250
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66397
₽92263
₽80301
₽65122
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
211 000
health

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

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

-
-
-
6 761
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.

-
-
-
69 289
trade
-
-
-
27 141
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.

-
-
-
3 810
total
-
-
-
107 001
Employee

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

50 186
-
211 000
-
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.

237
-
3 810
-
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.

4 312
-
69 289
-
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.

6 761
-
6 761
-
total
11 310
-
79 860
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
160 814
211 000
-
-
trade
26 454
34 709
-
-
chamber of commerce
379
451
-
-
surtax

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

1 326
1 741
-
-
income
24 123
31 650
-
-
total
52 282
68 551
-
-
Dividends
108 532
142 449
-
-
withholding
26 758
35 237
-
-
surtax

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

1 472
1 938
-
-
total
28 230
37 175
-
-
Income
211 000
211 000
211 000
211 000
Total tax
91 822
105 726
79 860
107 001
After tax
119 178
105 274
131 140
103 999
Living cost
38 877
38 877
38 877
38 877
Free-cash
80 301
66 397
92 263
65 122

Estimated living cost  is ₽38877 per week

₽26001
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4100
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8196
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽121708
₽108526
₽117605
₽110283
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
211 000
health
-
-
-
5 380
social contributions
-
-
-
16 012
income
-
-
-
47 226
total
-
-
-
68 618
Employee
76 098
76 098
198 804
-
income
7 991
7 044
46 280
-
social contributions
3 698
6 316
8 519
-
health
757
1 294
3 380
-
total
12 446
14 654
58 179
-
Employer
76 098
76 098
198 804
-
social contributions
3 698
6 316
8 519
-
health
824
1 409
3 677
-
total
4 522
7 725
12 196
-
Corporate
161 934
127 178
-
-
income
20 241
15 897
-
-
total
20 241
15 897
-
-
Dividends
141 693
111 281
-
-
withholding
24 087
18 917
-
-
total
24 087
18 917
-
-
Income
211 000
211 000
211 000
211 000
Total tax
61 296
57 193
70 375
68 618
After tax
149 704
153 807
140 625
142 382
Living cost
32 099
32 099
32 099
32 099
Free-cash
117 605
121 708
108 526
110 283

Estimated living cost  is ₽32099 per week

₽21943
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2507
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.
₽7110
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽100437
₽104301
₽100813
₽128154
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
211 000
health
-
-
-
14 770
income
-
-
-
25 795
pensions
-
-
-
21 100
unemployment
-
-
-
3 165
total
-
-
-
64 830
Employee

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

The minimum wage is 138,000 HUF per month.

26 007
10 350
176 569
-
unemployment
390
155
2 649
-
income
3 179
1 265
21 586
-
pensions
2 601
1 035
17 657
-
health
1 820
725
12 360
-
total
7 990
3 180
54 252
-
Employer

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

The minimum wage is 138,000 HUF per month.

26 007
10 350
176 569
-
pensions
5 071
2 018
34 431
-
total
5 071
2 018
34 431
-
Corporate
179 922
198 631
-
-
income
16 193
17 877
-
-
total
16 193
17 877
-
-
Dividends
163 729
180 754
-
-
withholding
31 108
34 343
-
-
social contributions
31 809
35 129
-
-
total
62 917
69 472
-
-
Income
211 000
211 000
211 000
211 000
Total tax
92 171
92 547
88 683
64 830
After tax
118 829
118 453
122 317
146 170
Living cost
18 016
18 016
18 016
18 016
Free-cash
100 813
100 437
104 301
128 154

Estimated living cost  is ₽18016 per week

₽12295
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1474
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽360
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3888
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽144896
₽97714
₽138749
₽89193
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
211 000
health
-
-
-
27 430
income
-
-
-
28 273
pensions
-
-
-
42 201
total
-
-
-
97 904
Employee
28 074
-
157 698
-
unemployment
449
-
2 524
-
income
3 161
-
30 405
-
pensions
562
-
3 153
-
total
4 172
-
36 082
-
Employer
28 074
-
157 698
-
unemployment
225
-
1 262
-
pensions
5 615
-
31 539
-
health
3 649
-
20 500
-
total
9 489
-
53 301
-
Corporate
173 436
211 000
-
-
income
34 687
42 201
-
-
total
34 687
42 201
-
-
Dividends
138 749
168 799
-
-
total
-
-
-
-
Income
211 000
211 000
211 000
211 000
Total tax
48 348
42 201
89 383
97 904
After tax
162 652
168 799
121 617
113 096
Living cost
23 903
23 903
23 903
23 903
Free-cash
138 749
144 896
97 714
89 193

Estimated living cost  is ₽23903 per week

₽16395
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1424
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5604
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4813
₽93958
₽13731
₽122208
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
211 000
health
-
-
-
2 171
income
-
-
-
59 954
pensions
-
-
-
4 143
other
-
-
-
369
accident
-
-
-
251
total
-
-
-
66 888
Employee
34 456
-
192 116
-
income
4 727
-
46 660
-
pensions
3 880
-
7 596
-
health
3 945
-
21 998
-
total
12 552
-
76 254
-
Employer
34 456
-
192 116
-
unemployment
844
-
4 707
-
pensions
5 603
-
10 969
-
accident
575
-
3 208
-
total
7 022
-
18 884
-
Corporate
169 522
211 000
-
-
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.

152 570
189 900
-
-
total
152 570
189 900
-
-
Dividends
16 952
21 100
-
-
withholding
3 221
4 009
-
-
total
3 221
4 009
-
-
Income
211 000
211 000
211 000
211 000
Total tax
175 365
193 909
95 138
66 888
After tax
35 635
17 091
115 862
144 112
Living cost
21 904
21 904
21 904
21 904
Free-cash
13 731
-4 813
93 958
122 208

Estimated living cost  is ₽21904 per week

₽16054
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1214
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.
₽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

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
₽192243
₽160593
₽190705
₽200683
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
211 000
microenterprise

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

-
-
-
2 110
total
-
-
-
2 110
Employee
10 258
-
211 000
-
income
2 051
-
42 200
-
total
2 051
-
42 200
-
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%.

200 742
211 000
-
-
total
-
-
-
-
Dividends
200 742
211 000
-
-
withholding
10 037
10 550
-
-
total
10 037
10 550
-
-
Income
211 000
211 000
211 000
211 000
Total tax
12 088
10 550
42 200
2 110
After tax
198 912
200 450
168 800
208 890
Living cost
8 207
8 207
8 207
8 207
Free-cash
190 705
192 243
160 593
200 683

Estimated living cost  is ₽8207 per week

₽5086
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽682
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽226
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2213
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽128652
₽96883
₽121969
₽98652
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
211 000
health
-
-
-
6 622
income
-
-
-
36 090
pensions

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

-
-
-
36 118
other
-
-
-
7 148
total
-
-
-
85 978
Employee
35 932
-
172 897
-
unemployment
359
-
1 504
-
income
6 186
-
35 500
-
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.

2 515
-
10 534
-
health
503
-
2 107
-
total
9 563
-
49 645
-
Employer
35 932
-
172 897
-
unemployment
359
-
1 504
-
pensions

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

6 109
-
25 584
-
accident
287
-
1 384
-
other
1 797
-
7 523
-
health
503
-
2 107
-
total
9 055
-
38 102
-
Corporate
166 012
211 000
-
-
income
34 863
44 310
-
-
total
34 863
44 310
-
-
Dividends
131 149
166 690
-
-
withholding
9 180
11 668
-
-
total
9 180
11 668
-
-
Income
211 000
211 000
211 000
211 000
Total tax
62 661
55 978
87 747
85 978
After tax
148 339
155 022
123 253
125 022
Living cost
26 370
26 370
26 370
26 370
Free-cash
121 969
128 652
96 883
98 652

Estimated living cost  is ₽26370 per week

₽18632
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1780
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽424
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5533
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68094
₽52218
₽76043
₽71110
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
211 000
income
-
-
-
64 246
pensions
-
-
-
9 623
total
-
-
-
73 869
Employee
93 410
-
183 976
-
income
16 838
-
51 649
-
pensions
9 012
-
11 566
-
health
1 539
-
2 522
-
total
27 389
-
65 737
-
Employer
93 410
-
183 976
-
pensions
11 029
-
23 528
-
health
1 774
-
3 496
-
total
12 803
-
27 024
-
Corporate
104 787
211 000
-
-
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.

19 910
40 090
-
-
total
19 910
40 090
-
-
Dividends
84 877
170 910
-
-
withholding
8 834
36 795
-
-
total
8 834
36 795
-
-
Income
211 000
211 000
211 000
211 000
Total tax
68 936
76 885
92 761
73 869
After tax
142 064
134 115
118 239
137 131
Living cost
66 021
66 021
66 021
66 021
Free-cash
76 043
68 094
52 218
71 110

Estimated living cost  is ₽66021 per week

₽49471
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7757
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.
₽8257
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽167459
₽165872
₽162873
₽157196
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
211 000
health
-
-
-
3 966
income
-
-
-
31 650
pensions

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

-
-
-
5 104
unemployment
-
-
-
138
total
-
-
-
40 858
Employee
17 142
-
204 233
-
income
1 714
-
20 423
-
accident

We are using the highest rate at 1.1%.

189
-
379
-
pensions

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

1 505
-
3 028
-
health
788
-
1 586
-
total
4 196
-
25 416
-
Employer
17 142
-
204 233
-
unemployment
103
-
207
-
pensions

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

1 889
-
3 800
-
accident

We are using the highest rate at 1.1%.

189
-
379
-
health
1 183
-
2 380
-
total
3 364
-
6 766
-
Corporate
190 495
211 000
-
-
income
19 049
21 100
-
-
total
19 049
21 100
-
-
Dividends
171 445
189 900
-
-
withholding
8 572
9 495
-
-
total
8 572
9 495
-
-
Income
211 000
211 000
211 000
211 000
Total tax
35 181
30 595
32 182
40 858
After tax
175 819
180 405
178 818
170 142
Living cost
12 946
12 946
12 946
12 946
Free-cash
162 873
167 459
165 872
157 196

Estimated living cost  is ₽12946 per week

₽7558
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽924
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽343
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4120
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50136
₽80090
₽52626
₽59062
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
211 000
health
-
-
-
12 203
income
-
-
-
73 264
pensions
-
-
-
11 595
total
-
-
-
97 062
Employee
91 751
84 510
192 609
-
income

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

13 833
13 833
33 845
-
pensions
11 595
11 595
11 595
-
health
11 446
11 033
12 203
-
total
36 874
36 461
57 643
-
Employer
91 751
84 510
192 609
-
unemployment
3 303
3 042
3 780
-
pensions
6 385
5 882
7 311
-
health
6 376
5 874
7 300
-
total
16 064
14 798
18 391
-
Corporate
103 185
111 691
-
-
income
20 637
22 339
-
-
total
20 637
22 339
-
-
Dividends
82 547
89 352
-
-
withholding
12 382
13 403
-
-
income
17 541
18 987
-
-
total
29 923
32 390
-
-
Income
211 000
211 000
211 000
211 000
Total tax
103 498
105 988
76 034
97 062
After tax
107 502
105 012
134 966
113 938
Living cost
54 876
54 876
54 876
54 876
Free-cash
52 626
50 136
80 090
59 062

Estimated living cost  is ₽54876 per week

₽40480
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4902
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.
₽8866
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽120856
₽89893
₽112146
₽98962
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
211 000
health
-
-
-
28 485
social contributions
-
-
-
35 135
income
-
-
-
22 107
solidarity contribution
-
-
-
1 894
total
-
-
-
87 621
Employee
35 907
-
165 981
-
income
4 309
-
20 363
-
solidarity contribution
-
-
1 080
-
social contributions
2 334
-
7 821
-
health
4 847
-
22 407
-
total
11 490
-
51 671
-
Employer
35 907
-
165 981
-
social contributions
8 977
-
30 081
-
health
3 232
-
14 938
-
total
12 209
-
45 019
-
Corporate
162 885
211 000
-
-
income
30 948
40 090
-
-
total
30 948
40 090
-
-
Dividends
131 937
170 910
-
-
withholding
19 790
25 637
-
-
total
19 790
25 637
-
-
Income
211 000
211 000
211 000
211 000
Total tax
74 437
65 727
96 690
87 621
After tax
136 563
145 273
114 310
123 379
Living cost
24 417
24 417
24 417
24 417
Free-cash
112 146
120 856
89 893
98 962

Estimated living cost  is ₽24417 per week

₽16960
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1737
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽5239
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70817
₽50812
₽65650
₽59200
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
211 000
social contributions
-
-
-
49 531
national
-
-
-
56 605
regional
-
-
-
2 613
municipal
-
-
-
1 292
total
-
-
-
110 041
Employee
87 952
-
211 000
-
regional
830
-
2 344
-
national
15 240
-
49 981
-
municipal
466
-
1 168
-
social contributions
29 657
-
64 936
-
total
46 193
-
118 429
-
Employer
87 952
-
211 000
-
total
-
-
-
-
Corporate
123 048
211 000
-
-
nationa
29 532
50 640
-
-
municipal
4 798
8 229
-
-
total
34 330
58 869
-
-
Dividends
88 718
152 130
-
-
withholding
23 068
39 555
-
-
total
23 068
39 555
-
-
Income
211 000
211 000
211 000
211 000
Total tax
103 591
98 424
118 429
110 041
After tax
107 409
112 576
92 571
100 959
Living cost
41 759
41 759
41 759
41 759
Free-cash
65 650
70 817
50 812
59 200

Estimated living cost  is ₽41759 per week

₽29109
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2738
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽640
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9270
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽110881
₽71475
₽107801
₽77526
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
211 000
health
-
-
-
9 377
income
-
-
-
64 844
pensions
-
-
-
26 416
unemployment
-
-
-
225
other
-
-
-
-
surtax
-
-
-
10 774
total
-
-
-
111 636
Employee
32 726
-
183 198
-
surtax
107
-
9 589
-
unemployment
2 278
-
9 193
-
income
5 486
-
58 926
-
pensions
2 182
-
8 810
-
health
836
-
3 367
-
other
-
-
-
-
total
10 889
-
89 885
-
Employer
32 726
-
183 198
-
unemployment
1 037
-
4 186
-
pensions
4 363
-
17 606
-
other
-
-
-
-
health
1 489
-
6 010
-
total
6 889
-
27 802
-
Corporate
171 385
211 000
-
-
income
44 559
54 860
-
-
total
44 559
54 860
-
-
Dividends
126 826
156 140
-
-
withholding
19 024
23 421
-
-
total
19 024
23 421
-
-
Income
211 000
211 000
211 000
211 000
Total tax
81 361
78 281
117 687
111 636
After tax
129 639
132 719
93 313
99 364
Living cost
21 838
21 838
21 838
21 838
Free-cash
107 801
110 881
71 475
77 526

Estimated living cost  is ₽21838 per week

₽13353
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2015
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5966
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89011
₽73135
₽95533
₽92027
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
211 000
income
-
-
-
64 246
pensions
-
-
-
9 623
total
-
-
-
73 869
Employee
62 601
-
183 976
-
income
11 275
-
51 649
-
pensions
5 313
-
11 566
-
health
909
-
2 522
-
total
17 497
-
65 737
-
Employer
62 601
-
183 976
-
pensions
6 777
-
23 528
-
health
1 189
-
3 496
-
total
7 966
-
27 024
-
Corporate
140 433
211 000
-
-
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.

26 682
40 090
-
-
total
26 682
40 090
-
-
Dividends
113 751
170 910
-
-
withholding
18 218
36 795
-
-
total
18 218
36 795
-
-
Income
211 000
211 000
211 000
211 000
Total tax
70 363
76 885
92 761
73 869
After tax
140 637
134 115
118 239
137 131
Living cost
45 104
45 104
45 104
45 104
Free-cash
95 533
89 011
73 135
92 027

Estimated living cost  is ₽45104 per week

₽33792
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3381
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.
₽7459
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽16249
₽79832
₽50580
₽88531
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
211 000
health
-
-
-
474
national
-
-
-
4 657
pensions
-
-
-
19 410
regional
-
-
-
11 248
city
-
-
-
2 224
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.

-
-
-
4 220
total
-
-
-
42 233
Employee
93 897
-
189 325
-
regional
3 075
-
9 857
-
national
444
-
3 637
-
unemployment
-
-
-
-
pensions
7 889
-
15 379
-
health
212
-
427
-
city
1 008
-
2 040
-
total
12 628
-
31 340
-
Employer
93 897
-
189 325
-
unemployment
-
-
-
-
pensions
7 889
-
15 379
-
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.

1 877
-
3 786
-
health
212
-
427
-
total
9 978
-
19 592
-
Corporate
106 092
211 000
-
-
national
9 018
17 935
-
-
regional
22 438
44 626
-
-
total
31 456
62 561
-
-
Dividends
74 637
148 439
-
-
withholding
26 122
51 954
-
-
total
26 122
51 954
-
-
Income
211 000
211 000
211 000
211 000
Total tax
80 184
114 515
50 932
42 233
After tax
130 816
96 485
160 068
168 767
Living cost
80 236
80 236
80 236
80 236
Free-cash
50 580
16 249
79 832
88 531

Estimated living cost  is ₽80236 per week

₽52176
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7200
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽985
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19874
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽58856
₽85805
₽74901
₽57509
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
211 000
health

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

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

-
-
-
6 761
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.

-
-
-
69 289
trade
-
-
-
28 296
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.

-
-
-
3 810
total
-
-
-
108 156
Employee

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

59 475
-
211 000
-
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.

385
-
3 810
-
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.

6 994
-
69 289
-
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.

6 761
-
6 761
-
total
14 140
-
79 860
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
151 525
211 000
-
-
trade
25 986
36 187
-
-
chamber of commerce
364
447
-
-
surtax

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

1 251
1 741
-
-
income
22 729
31 650
-
-
total
50 330
70 025
-
-
Dividends
101 195
140 975
-
-
withholding
24 923
34 867
-
-
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.

1 371
1 917
-
-
total
26 294
36 784
-
-
Income
211 000
211 000
211 000
211 000
Total tax
90 764
106 809
79 860
108 156
After tax
120 236
104 191
131 140
102 844
Living cost
45 335
45 335
45 335
45 335
Free-cash
74 901
58 856
85 805
57 509

Estimated living cost  is ₽45335 per week

₽33111
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3626
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8010
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72488
₽77170
₽78329
₽82612
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
211 000
health
-
-
-
10 066
social contributions
-
-
-
6 011
income
-
-
-
37 783
pensions
-
-
-
34 129
other
-
-
-
6 541
surtax
-
-
-
-
total
-
-
-
94 530
Employee
42 355
-
161 454
-
surtax
-
-
-
-
income
2 500
-
33 832
-
social contributions
1 208
-
4 599
-
pensions
4 789
-
11 995
-
total
8 497
-
50 426
-
Employer
42 355
-
161 454
-
unemployment
1 715
-
6 539
-
pensions
6 958
-
20 052
-
social contributions
128
-
485
-
other
1 461
-
6 624
-
health
2 965
-
15 846
-
total
13 227
-
49 546
-
Corporate
155 419
211 000
-
-
surtax
-
-
-
-
income
43 517
59 080
-
-
total
43 517
59 080
-
-
Dividends
111 902
151 920
-
-
withholding
14 324
19 445
-
-
surtax
-
-
-
-
social contributions
19 248
26 129
-
-
total
33 572
45 574
-
-
Income
211 000
211 000
211 000
211 000
Total tax
98 813
104 654
99 972
94 530
After tax
112 187
106 346
111 028
116 470
Living cost
33 858
33 858
33 858
33 858
Free-cash
78 329
72 488
77 170
82 612

Estimated living cost  is ₽33858 per week

₽21349
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2753
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.
₽9182
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75842
₽80524
₽81339
₽85966
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
211 000
health
-
-
-
10 066
social contributions
-
-
-
6 011
income
-
-
-
37 783
pensions
-
-
-
34 129
other
-
-
-
6 541
surtax
-
-
-
-
total
-
-
-
94 530
Employee
37 807
-
161 454
-
surtax
-
-
-
-
income
1 949
-
33 832
-
social contributions
1 078
-
4 599
-
pensions
4 276
-
11 995
-
total
7 303
-
50 426
-
Employer
37 807
-
161 454
-
unemployment
1 531
-
6 539
-
pensions
6 212
-
20 052
-
social contributions
113
-
485
-
other
1 305
-
6 624
-
health
2 646
-
15 846
-
total
11 807
-
49 546
-
Corporate
161 386
211 000
-
-
surtax
-
-
-
-
income
45 189
59 080
-
-
total
45 189
59 080
-
-
Dividends
116 197
151 920
-
-
withholding
14 874
19 445
-
-
surtax
-
-
-
-
social contributions
19 984
26 129
-
-
total
34 858
45 574
-
-
Income
211 000
211 000
211 000
211 000
Total tax
99 157
104 654
99 972
94 530
After tax
111 843
106 346
111 028
116 470
Living cost
30 504
30 504
30 504
30 504
Free-cash
81 339
75 842
80 524
85 966

Estimated living cost  is ₽30504 per week

₽17691
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3099
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽578
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9136
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽107745
₽109091
₽108260
₽114520
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
211 000
health
-
-
-
14 727
social contributions
-
-
-
29 118
income
-
-
-
31 650
total
-
-
-
75 495
Employee
33 554
-
211 000
-
income
5 596
-
37 079
-
social contributions
4 631
-
29 118
-
health
2 342
-
14 727
-
total
12 569
-
80 924
-
Employer
33 554
-
211 000
-
total
-
-
-
-
Corporate
177 446
211 000
-
-
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%.

8 872
10 551
-
-
total
8 872
10 551
-
-
Dividends
168 574
200 449
-
-
withholding
25 285
30 067
-
-
social contributions
23 263
27 661
-
-
health
11 766
13 991
-
-
total
60 314
71 719
-
-
Income
211 000
211 000
211 000
211 000
Total tax
81 755
82 270
80 924
75 495
After tax
129 245
128 730
130 076
135 505
Living cost
20 985
20 985
20 985
20 985
Free-cash
108 260
107 745
109 091
114 520

Estimated living cost  is ₽20985 per week

₽14044
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1294
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5163
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81526
₽20572
₽79993
₽73411
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
211 000
health
-
-
-
8 844
chamber of commerce
-
-
-
843
income
-
-
-
65 377
pensions
-
-
-
21 389
unemployment
-
-
-
6 070
surtax
-
-
-
195
total
-
-
-
102 718
Employee
49 457
39 438
173 320
-
unemployment
1 484
1 183
3 469
-
income
5 630
2 909
54 550
-
pensions
5 065
4 038
11 839
-
health
1 914
1 527
4 473
-
other
494
394
1 157
-
total
14 587
10 051
75 488
-
Employer
49 457
39 438
173 320
-
chamber of commerce
197
158
693
-
surtax
195
195
195
-
payroll
1 484
1 183
5 200
-
unemployment
1 484
1 183
3 469
-
pensions
6 207
4 950
14 509
-
accident
642
513
1 502
-
other
2 349
1 872
7 741
-
health
1 869
1 491
4 370
-
total
14 427
11 545
37 679
-
Corporate
147 116
160 016
169 564
-
income

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

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

36 779
40 003
42 390
-
total
36 779
40 003
42 390
-
Dividends
110 337
120 013
-
-
withholding
30 343
33 004
-
-
total
30 343
33 004
-
-
Income
211 000
211 000
211 000
211 000
Total tax
96 136
94 603
155 557
102 718
After tax
114 864
116 397
55 443
108 282
Living cost
34 871
34 871
34 871
34 871
Free-cash
79 993
81 526
20 572
73 411

Estimated living cost  is ₽34871 per week

₽23257
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2975
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8066
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80356
₽36155
₽67004
₽55630
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
211 000
communal

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

-
-
-
11 180
social contributions
-
-
-
24 673
national
-
-
-
83 434
total
-
-
-
119 287
Employee

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

70 789
-
163 426
-
national
21 763
-
61 304
-
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.

616
-
1 422
-
communal

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

3 692
-
8 524
-
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.

5 309
-
12 258
-
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.

3 326
-
7 681
-
total
34 706
-
91 189
-
Employer

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

70 789
-
163 426
-
surtax
8 027
-
18 532
-
unemployment

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

1 033
-
2 387
-
pensions

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

6 273
-
14 479
-
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.

920
-
2 124
-
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.

4 353
-
10 051
-
total
20 606
-
47 573
-
Corporate
119 606
211 000
-
-
surtax
479
886
-
-
income
23 922
44 287
-
-
total
24 401
45 173
-
-
Dividends
95 205
165 826
-
-
withholding

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

28 200
49 388
-
-
total
28 200
49 388
-
-
Income
211 000
211 000
211 000
211 000
Total tax
107 913
94 561
138 762
119 287
After tax
103 087
116 439
72 238
91 713
Living cost
36 083
36 083
36 083
36 083
Free-cash
67 004
80 356
36 155
55 630

Estimated living cost  is ₽36083 per week

₽23242
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3155
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9121
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽104463
₽78110
₽97683
₽82263
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
211 000
income
-
-
-
65 479
pensions
-
-
-
25 958
unemployment
-
-
-
642
other
-
-
-
92
accident
-
-
-
826
total
-
-
-
92 997
Employee
49 261
-
181 758
-
unemployment
764
-
1 422
-
income
10 394
-
62 082
-
pensions
2 316
-
4 312
-
other
49
-
92
-
total
13 523
-
67 908
-
Employer
49 261
-
181 758
-
unemployment
2 710
-
5 044
-
pensions
11 625
-
21 648
-
accident
975
-
1 816
-
other
393
-
734
-
total
15 703
-
29 242
-
Corporate
146 037
211 000
-
-
income

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

21 905
31 650
-
-
total
21 905
31 650
-
-
Dividends
124 132
179 350
-
-
withholding
26 446
39 147
-
-
total
26 446
39 147
-
-
Income
211 000
211 000
211 000
211 000
Total tax
77 577
70 797
97 150
92 997
After tax
133 423
140 203
113 850
118 003
Living cost
35 740
35 740
35 740
35 740
Free-cash
97 683
104 463
78 110
82 263

Estimated living cost  is ₽35740 per week

₽26318
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2535
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6370
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66662
₽54841
₽53119
₽46434
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
211 000
health
-
-
-
14 825
communal
-
-
-
13 336
income
-
-
-
38 761
pensions
-
-
-
31 626
surtax
-
-
-
10 460
accident
-
-
-
1 778
total
-
-
-
110 786
Employee
74 944
-
188 477
-
surtax
4 594
-
11 552
-
income
7 239
-
44 837
-
pensions
5 995
-
15 079
-
health
3 335
-
8 387
-
total
21 163
-
79 855
-
Employer
74 944
-
188 477
-
pensions
5 995
-
15 079
-
accident
674
-
1 696
-
health
2 286
-
5 749
-
total
8 955
-
22 524
-
Corporate
127 102
211 000
-
-
surtax
1 335
2 216
-
-
income
19 066
31 650
-
-
communal
8 579
14 243
-
-
total
28 980
48 109
-
-
Dividends
98 122
162 891
-
-
withholding
14 718
24 433
-
-
income
30 285
18 016
-
-
total
45 003
42 449
-
-
Income
211 000
211 000
211 000
211 000
Total tax
104 101
90 558
102 379
110 786
After tax
106 899
120 442
108 621
100 214
Living cost
53 780
53 780
53 780
53 780
Free-cash
53 119
66 662
54 841
46 434

Estimated living cost  is ₽53780 per week

₽40343
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3258
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9608
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽110491
₽71085
₽107342
₽77136
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
211 000
health
-
-
-
9 377
income
-
-
-
64 844
pensions
-
-
-
26 416
unemployment
-
-
-
225
other
-
-
-
-
surtax
-
-
-
10 774
total
-
-
-
111 636
Employee
33 327
-
183 198
-
surtax
118
-
9 589
-
unemployment
2 319
-
9 193
-
income
5 587
-
58 926
-
pensions
2 224
-
8 810
-
health
851
-
3 367
-
other
-
-
-
-
total
11 099
-
89 885
-
Employer
33 327
-
183 198
-
unemployment
1 057
-
4 186
-
pensions
4 443
-
17 606
-
other
-
-
-
-
health
1 516
-
6 010
-
total
7 016
-
27 802
-
Corporate
170 657
211 000
-
-
income
44 372
54 860
-
-
total
44 372
54 860
-
-
Dividends
126 285
156 140
-
-
withholding
18 943
23 421
-
-
total
18 943
23 421
-
-
Income
211 000
211 000
211 000
211 000
Total tax
81 430
78 281
117 687
111 636
After tax
129 570
132 719
93 313
99 364
Living cost
22 228
22 228
22 228
22 228
Free-cash
107 342
110 491
71 085
77 136

Estimated living cost  is ₽22228 per week

₽13420
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1932
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽516
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6361
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84248
₽65293
₽82053
₽73636
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
211 000
social contributions
-
-
-
49 531
national
-
-
-
56 605
regional
-
-
-
3 278
municipal
-
-
-
1 292
total
-
-
-
110 706
Employee
54 896
-
211 000
-
regional
739
-
2 964
-
national
8 697
-
49 981
-
municipal
291
-
1 168
-
social contributions
18 511
-
64 936
-
total
28 238
-
119 049
-
Employer
54 896
-
211 000
-
total
-
-
-
-
Corporate
156 104
211 000
-
-
nationa
37 464
50 640
-
-
municipal
7 758
10 487
-
-
total
45 222
61 127
-
-
Dividends
110 882
149 873
-
-
withholding
28 829
38 967
-
-
total
28 829
38 967
-
-
Income
211 000
211 000
211 000
211 000
Total tax
102 289
100 094
119 049
110 706
After tax
108 711
110 906
91 951
100 294
Living cost
26 658
26 658
26 658
26 658
Free-cash
82 053
84 248
65 293
73 636

Estimated living cost  is ₽26658 per week

₽16579
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.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6922
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽115185
₽84222
₽104451
₽93291
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
211 000
health
-
-
-
28 485
social contributions
-
-
-
35 135
income
-
-
-
22 107
solidarity contribution
-
-
-
1 894
total
-
-
-
87 621
Employee
44 247
-
165 981
-
income
5 310
-
20 363
-
solidarity contribution
-
-
1 080
-
social contributions
2 876
-
7 821
-
health
5 973
-
22 407
-
total
14 159
-
51 671
-
Employer
44 247
-
165 981
-
social contributions
11 062
-
30 081
-
health
3 982
-
14 938
-
total
15 044
-
45 019
-
Corporate
151 710
211 000
-
-
income
28 825
40 090
-
-
total
28 825
40 090
-
-
Dividends
122 885
170 910
-
-
withholding
18 433
25 637
-
-
total
18 433
25 637
-
-
Income
211 000
211 000
211 000
211 000
Total tax
76 461
65 727
96 690
87 621
After tax
134 539
145 273
114 310
123 379
Living cost
30 088
30 088
30 088
30 088
Free-cash
104 451
115 185
84 222
93 291

Estimated living cost  is ₽30088 per week

₽22375
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1667
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽521
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5525
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84930
₽23917
₽84438
₽76904
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
211 000
health
-
-
-
8 844
chamber of commerce
-
-
-
843
income
-
-
-
65 377
pensions
-
-
-
21 389
unemployment
-
-
-
6 070
surtax
-
-
-
-
total
-
-
-
102 523
Employee
43 259
39 438
173 500
-
unemployment
1 298
1 183
3 469
-
income
3 854
2 909
54 637
-
pensions
4 430
4 038
11 839
-
health
1 673
1 527
4 473
-
other
432
394
1 157
-
total
11 687
10 051
75 575
-
Employer
43 259
39 438
173 500
-
chamber of commerce
173
158
695
-
surtax
-
-
-
-
payroll
1 298
1 183
5 206
-
unemployment
1 298
1 183
3 469
-
pensions
5 429
4 950
14 509
-
accident
562
513
1 502
-
other
2 055
1 872
7 749
-
health
1 636
1 491
4 370
-
total
12 451
11 350
37 500
-
Corporate
155 291
160 211
169 744
-
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.

38 822
40 052
42 435
-
total
38 822
40 052
42 435
-
Dividends
116 469
120 159
-
-
withholding
32 029
33 044
-
-
total
32 029
33 044
-
-
Income
211 000
211 000
211 000
211 000
Total tax
94 989
94 497
155 510
102 523
After tax
116 011
116 503
55 490
108 477
Living cost
31 573
31 573
31 573
31 573
Free-cash
84 438
84 930
23 917
76 904

Estimated living cost  is ₽31573 per week

₽18940
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3225
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽563
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8845
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽187661
₽156011
₽185263
₽196101
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
211 000
microenterprise

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

-
-
-
2 110
total
-
-
-
2 110
Employee
15 986
-
211 000
-
income
3 197
-
42 200
-
total
3 197
-
42 200
-
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%.

195 014
211 000
-
-
total
-
-
-
-
Dividends
195 014
211 000
-
-
withholding
9 751
10 550
-
-
total
9 751
10 550
-
-
Income
211 000
211 000
211 000
211 000
Total tax
12 948
10 550
42 200
2 110
After tax
198 052
200 450
168 800
208 890
Living cost
12 789
12 789
12 789
12 789
Free-cash
185 263
187 661
156 011
196 101

Estimated living cost  is ₽12789 per week

₽8654
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽537
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽429
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3168
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽118729
₽68062
₽110453
₽72643
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
211 000
health
-
-
-
20 763
income
-
-
-
52 198
pensions
-
-
-
38 535
unemployment
-
-
-
317
total
-
-
-
111 813
Employee

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

43 762
-
182 575
-
unemployment
62
-
255
-
income
7 547
-
47 620
-
pensions
6 783
-
28 300
-
health
2 826
-
11 794
-
total
17 218
-
87 969
-
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.

43 762
-
182 575
-
unemployment
26
-
109
-
pensions
3 872
-
16 158
-
health
2 915
-
12 158
-
total
6 813
-
28 425
-
Corporate
160 425
211 000
-
-
income
30 480
40 090
-
-
total
30 480
40 090
-
-
Dividends
129 945
170 910
-
-
withholding
19 492
25 637
-
-
total
19 492
25 637
-
-
Income
211 000
211 000
211 000
211 000
Total tax
74 003
65 727
116 394
111 813
After tax
136 997
145 273
94 606
99 187
Living cost
26 544
26 544
26 544
26 544
Free-cash
110 453
118 729
68 062
72 643

Estimated living cost  is ₽26544 per week

₽18217
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1701
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6113
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82714
₽151422
₽32383
₽100160
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
211 000
social contributions
-
-
-
24 054
income
-
-
-
41 128
total
-
-
-
65 182
Employee
65 467
-
-
-
income
14 441
-
-
-
social contributions
5 368
-
765
-
total
19 809
-
765
-
Employer
65 467
-
-
-
social contributions
92 308
-
13 155
-
total
92 308
-
13 155
-
Corporate
53 225
211 000
-
-
income
11 709
46 420
-
-
total
11 709
46 420
-
-
Dividends
41 515
164 580
-
-
income
9 133
36 208
-
-
total
9 133
36 208
-
-
Income
211 000
211 000
211 000
211 000
Total tax
132 959
82 628
13 920
65 182
After tax
78 041
128 372
197 080
145 818
Living cost
45 658
45 658
45 658
45 658
Free-cash
32 383
82 714
151 422
100 160

Estimated living cost  is ₽45658 per week

₽29625
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4294
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽582
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11157
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88975
₽63561
₽87980
₽79605
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
211 000
social contributions

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

-
-
-
73 323
income
-
-
-
27 031
surtax
-
-
-
-
total
-
-
-
100 354
Employee
45 515
-
170 505
-
surtax
-
-
38
-
income
9 467
-
57 109
-
social contributions
5 007
-
18 756
-
total
14 474
-
75 903
-
Employer
45 515
-
170 505
-
social contributions
10 810
-
40 495
-
total
10 810
-
40 495
-
Corporate
154 675
211 000
-
-
surtax
-
-
-
-
income
32 482
44 310
-
-
total
32 482
44 310
-
-
Dividends
122 193
166 690
-
-
withholding
34 213
46 674
-
-
total
34 213
46 674
-
-
Income
211 000
211 000
211 000
211 000
Total tax
91 979
90 984
116 398
100 354
After tax
119 021
120 016
94 602
110 646
Living cost
31 041
31 041
31 041
31 041
Free-cash
87 980
88 975
63 561
79 605

Estimated living cost  is ₽31041 per week

₽23225
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1831
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽518
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5467
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58548
₽63230
₽65349
₽68672
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
211 000
health
-
-
-
10 066
social contributions
-
-
-
6 011
income
-
-
-
37 783
pensions
-
-
-
34 129
other
-
-
-
6 541
surtax
-
-
-
-
total
-
-
-
94 530
Employee
61 982
-
161 454
-
surtax
-
-
-
-
income
5 408
-
33 832
-
social contributions
1 765
-
4 599
-
pensions
7 011
-
11 995
-
total
14 184
-
50 426
-
Employer
61 982
-
161 454
-
unemployment
2 511
-
6 539
-
pensions
10 184
-
20 052
-
social contributions
186
-
485
-
other
2 139
-
6 624
-
health
4 338
-
15 846
-
total
19 358
-
49 546
-
Corporate
129 659
211 000
-
-
surtax
-
-
-
-
income
36 304
59 080
-
-
total
36 304
59 080
-
-
Dividends
93 356
151 920
-
-
withholding
11 950
19 445
-
-
surtax
-
-
-
-
social contributions
16 057
26 129
-
-
total
28 007
45 574
-
-
Income
211 000
211 000
211 000
211 000
Total tax
97 853
104 654
99 972
94 530
After tax
113 147
106 346
111 028
116 470
Living cost
47 798
47 798
47 798
47 798
Free-cash
65 349
58 548
63 230
68 672

Estimated living cost  is ₽47798 per week

₽32349
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3910
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽655
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10883
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽160153
₽129991
₽156826
₽124384
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
211 000
income
-
-
-
10 449
social contributions
-
-
-
46 419
total
-
-
-
56 868
Employee
31 815
-
182 685
-
social contributions
2 068
-
11 875
-
income
-
-
11 071
-
total
2 068
-
22 946
-
Employer
31 815
-
182 685
-
social contributions
4 932
-
28 315
-
total
4 932
-
28 315
-
Corporate
174 253
211 000
-
-
income
17 426
21 099
-
-
total
17 426
21 099
-
-
Dividends
156 827
189 901
-
-
total
-
-
-
-
Income
211 000
211 000
211 000
211 000
Total tax
24 426
21 099
51 261
56 868
After tax
186 574
189 901
159 739
154 132
Living cost
29 748
29 748
29 748
29 748
Free-cash
156 826
160 153
129 991
124 384

Estimated living cost  is ₽29748 per week

₽19235
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2242
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽560
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7711
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4280
-₽4280
-₽4280
₽74722
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
211 000
labour market
-
-
-
16 812
national
-
-
-
25 974
pensions
-
-
-
856
municipal
-
-
-
45 050
total
-
-
-
88 692
Employee
200 849
200 849
200 849
-
national
24 537
24 537
24 537
-
labour market
16 045
16 045
16 045
-
municipal
42 770
42 770
42 770
-
pensions
285
285
285
-
total
83 637
83 637
83 637
-
Employer
200 849
200 849
200 849
-
national
24 580
24 580
24 580
-
pensions
571
571
571
-
labour market
16 068
16 068
16 068
-
municipal
42 838
42 838
42 838
-
total
84 057
84 057
84 057
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
211 000
211 000
211 000
211 000
Total tax
167 694
167 694
167 694
88 692
After tax
43 306
43 306
43 306
122 308
Living cost
47 586
47 586
47 586
47 586
Free-cash
-4 280
-4 280
-4 280
74 722

Estimated living cost  is ₽47586 per week

₽32568
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4209
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽732
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10076
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4490
₽94281
₽13780
₽122531
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
211 000
health
-
-
-
2 171
income
-
-
-
59 954
pensions
-
-
-
4 143
other
-
-
-
369
accident
-
-
-
251
total
-
-
-
66 888
Employee
33 948
-
192 116
-
income
4 657
-
46 660
-
pensions
3 823
-
7 596
-
health
3 887
-
21 998
-
total
12 367
-
76 254
-
Employer
33 948
-
192 116
-
unemployment
832
-
4 707
-
pensions
5 520
-
10 969
-
accident
567
-
3 208
-
total
6 919
-
18 884
-
Corporate
170 133
211 000
-
-
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.

153 120
189 900
-
-
total
153 120
189 900
-
-
Dividends
17 013
21 100
-
-
withholding
3 233
4 009
-
-
total
3 233
4 009
-
-
Income
211 000
211 000
211 000
211 000
Total tax
175 639
193 909
95 138
66 888
After tax
35 361
17 091
115 862
144 112
Living cost
21 581
21 581
21 581
21 581
Free-cash
13 780
-4 490
94 281
122 531

Estimated living cost  is ₽21581 per week

₽15709
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1230
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.
₽4237
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91944
₽68601
₽95001
₽92769
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
211 000
health
-
-
-
2 836
national
-
-
-
39 931
municipal
-
-
-
37 470
total
-
-
-
80 237
Employee
52 066
-
177 504
-
national
860
-
25 047
-
unemployment
781
-
2 663
-
municipal
8 528
-
28 897
-
pensions
3 514
-
11 982
-
health
389
-
2 321
-
total
14 072
-
70 910
-
Employer
52 066
-
177 504
-
unemployment
338
-
1 153
-
pensions
9 033
-
30 797
-
accident
53
-
178
-
health
400
-
1 367
-
total
9 824
-
33 495
-
Corporate
149 110
211 000
-
-
income
29 823
42 201
-
-
total
29 823
42 201
-
-
Dividends

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

89 465
126 600
-
-
municipal
16 104
22 788
-
-
national
8 182
16 073
-
-
total
24 286
38 861
-
-
Income
211 000
211 000
211 000
211 000
Total tax
78 005
81 062
104 405
80 237
After tax
132 995
129 938
106 595
130 763
Living cost
37 994
37 994
37 994
37 994
Free-cash
95 001
91 944
68 601
92 769

Estimated living cost  is ₽37994 per week

₽24818
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3655
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽605
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8919
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽130894
₽117712
₽125508
₽119469
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
211 000
health
-
-
-
5 380
social contributions
-
-
-
16 012
income
-
-
-
47 226
total
-
-
-
68 618
Employee
76 098
76 098
198 804
-
income
8 286
7 044
46 280
-
social contributions
2 877
6 316
8 519
-
health
590
1 294
3 380
-
total
11 753
14 654
58 179
-
Employer
76 098
76 098
198 804
-
social contributions
2 877
6 316
8 519
-
health
640
1 409
3 677
-
total
3 517
7 725
12 196
-
Corporate
172 817
127 178
-
-
income
21 603
15 897
-
-
total
21 603
15 897
-
-
Dividends
151 215
111 281
-
-
withholding
25 706
18 917
-
-
total
25 706
18 917
-
-
Income
211 000
211 000
211 000
211 000
Total tax
62 579
57 193
70 375
68 618
After tax
148 421
153 807
140 625
142 382
Living cost
22 913
22 913
22 913
22 913
Free-cash
125 508
130 894
117 712
119 469

Estimated living cost  is ₽22913 per week

₽13732
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2248
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽507
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6427
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽159017
₽143761
₽153981
₽163614
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
211 000
health
-
-
-
3 581
income
-
-
-
21 770
pensions
-
-
-
6 295
unemployment
-
-
-
28
total
-
-
-
31 674
Employee

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

22 715
-
201 328
-
unemployment
113
-
470
-
income
1 553
-
19 317
-
pensions
3 407
-
14 085
-
health
1 931
-
7 982
-
total
7 004
-
41 854
-
Employer

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

22 715
-
201 328
-
unemployment
113
-
470
-
pensions
1 249
-
5 165
-
health
977
-
4 038
-
total
2 339
-
9 673
-
Corporate
185 947
211 000
-
-
income
16 735
18 990
-
-
total
16 735
18 990
-
-
Dividends
169 212
192 010
-
-
withholding
15 229
17 281
-
-
total
15 229
17 281
-
-
Income
211 000
211 000
211 000
211 000
Total tax
41 307
36 271
51 527
31 674
After tax
169 693
174 729
159 473
179 326
Living cost
15 712
15 712
15 712
15 712
Free-cash
153 981
159 017
143 761
163 614

Estimated living cost  is ₽15712 per week

₽10025
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1132
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4087
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽112989
₽86636
₽108620
₽90789
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
211 000
income
-
-
-
65 479
pensions
-
-
-
25 958
unemployment
-
-
-
642
other
-
-
-
92
accident
-
-
-
826
total
-
-
-
92 997
Employee
36 592
-
181 758
-
unemployment
567
-
1 422
-
income
7 055
-
62 082
-
pensions
1 720
-
4 312
-
other
36
-
92
-
total
9 378
-
67 908
-
Employer
36 592
-
181 758
-
unemployment
2 013
-
5 044
-
pensions
8 635
-
21 648
-
accident
725
-
1 816
-
other
293
-
734
-
total
11 666
-
29 242
-
Corporate
162 741
211 000
-
-
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.

24 410
31 650
-
-
total
24 410
31 650
-
-
Dividends
138 331
179 350
-
-
withholding
29 712
39 147
-
-
total
29 712
39 147
-
-
Income
211 000
211 000
211 000
211 000
Total tax
75 166
70 797
97 150
92 997
After tax
135 834
140 203
113 850
118 003
Living cost
27 214
27 214
27 214
27 214
Free-cash
108 620
112 989
86 636
90 789

Estimated living cost  is ₽27214 per week

₽18369
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2616
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5752
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽129814
₽134083
₽129511
₽134213
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
211 000
health
-
-
-
979
income
-
-
-
72 608
pensions
-
-
-
1 350
total
-
-
-
74 937
Employee
2 818
-
209 482
-
unemployment
28
-
68
-
income
545
-
72 537
-
pensions
254
-
607
-
health
141
-
337
-
total
968
-
73 549
-
Employer
2 818
-
209 482
-
unemployment
56
-
135
-
pensions
310
-
742
-
health
268
-
641
-
total
634
-
1 518
-
Corporate
207 547
211 000
-
-
income
45 660
46 420
-
-
total
45 660
46 420
-
-
Dividends
161 887
164 580
-
-
withholding
32 377
32 916
-
-
total
32 377
32 916
-
-
Income
211 000
211 000
211 000
211 000
Total tax
79 639
79 336
75 067
74 937
After tax
131 361
131 664
135 933
136 063
Living cost
1 850
1 850
1 850
1 850
Free-cash
129 511
129 814
134 083
134 213

Estimated living cost  is ₽1850 per week

₽1100
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽150
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽42
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽558
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽135377
₽117727
₽130519
₽117727
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
211 000
health
-
-
-
7 514
income
-
-
-
48 627
pensions
-
-
-
18 967
unemployment
-
-
-
1 094
total
-
-
-
76 202
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.

25 742
-
197 942
-
unemployment
193
-
547
-
income
3 548
-
48 627
-
pensions
3 604
-
10 213
-
health
1 326
-
3 757
-
total
8 671
-
63 144
-
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.

25 742
-
197 942
-
unemployment
193
-
547
-
pensions
3 089
-
8 754
-
health
1 326
-
3 757
-
total
4 608
-
13 058
-
Corporate
180 651
211 000
-
-
income
27 098
31 650
-
-
total
27 098
31 650
-
-
Dividends
153 553
179 350
-
-
withholding
23 033
26 902
-
-
total
23 033
26 902
-
-
Income
211 000
211 000
211 000
211 000
Total tax
63 410
58 552
76 202
76 202
After tax
147 590
152 448
134 798
134 798
Living cost
17 071
17 071
17 071
17 071
Free-cash
130 519
135 377
117 727
117 727

Estimated living cost  is ₽17071 per week

₽11494
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1320
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.
₽3763
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93336
₽67922
₽92981
₽83966
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
211 000
social contributions

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

-
-
-
73 323
income
-
-
-
27 031
surtax
-
-
-
-
total
-
-
-
100 354
Employee
38 410
-
170 505
-
surtax
-
-
38
-
income
7 505
-
57 109
-
social contributions
4 226
-
18 756
-
total
11 731
-
75 903
-
Employer
38 410
-
170 505
-
social contributions
9 121
-
40 495
-
total
9 121
-
40 495
-
Corporate
163 469
211 000
-
-
surtax
-
-
-
-
income
34 328
44 310
-
-
total
34 328
44 310
-
-
Dividends
129 141
166 690
-
-
withholding
36 159
46 674
-
-
total
36 159
46 674
-
-
Income
211 000
211 000
211 000
211 000
Total tax
91 339
90 984
116 398
100 354
After tax
119 661
120 016
94 602
110 646
Living cost
26 680
26 680
26 680
26 680
Free-cash
92 981
93 336
67 922
83 966

Estimated living cost  is ₽26680 per week

₽18896
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1854
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽473
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5457
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Porto model

Close
Madrid , Spain
₽105423
₽79070
₽98948
₽83223
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
211 000
income
-
-
-
65 479
pensions
-
-
-
25 958
unemployment
-
-
-
642
other
-
-
-
92
accident
-
-
-
826
total
-
-
-
92 997
Employee
47 794
-
181 758
-
unemployment
740
-
1 422
-
income
9 983
-
62 082
-
pensions
2 246
-
4 312
-
other
47
-
92
-
total
13 016
-
67 908
-
Employer
47 794
-
181 758
-
unemployment
2 629
-
5 044
-
pensions
11 279
-
21 648
-
accident
947
-
1 816
-
other
383
-
734
-
total
15 238
-
29 242
-
Corporate
147 967
211 000
-
-
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.

22 194
31 650
-
-
total
22 194
31 650
-
-
Dividends
125 773
179 350
-
-
withholding
26 824
39 147
-
-
total
26 824
39 147
-
-
Income
211 000
211 000
211 000
211 000
Total tax
77 272
70 797
97 150
92 997
After tax
133 728
140 203
113 850
118 003
Living cost
34 780
34 780
34 780
34 780
Free-cash
98 948
105 423
79 070
83 223

Estimated living cost  is ₽34780 per week

₽24977
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2704
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6609
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽163420
₽161833
₽157405
₽153157
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
211 000
health
-
-
-
3 966
income
-
-
-
31 650
pensions

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

-
-
-
5 104
unemployment
-
-
-
138
total
-
-
-
40 858
Employee
22 491
-
204 233
-
income
2 249
-
20 423
-
accident

We are using the highest rate at 1.1%.

247
-
379
-
pensions

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

1 974
-
3 028
-
health
1 035
-
1 586
-
total
5 505
-
25 416
-
Employer
22 491
-
204 233
-
unemployment
135
-
207
-
pensions

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

2 478
-
3 800
-
accident

We are using the highest rate at 1.1%.

247
-
379
-
health
1 552
-
2 380
-
total
4 412
-
6 766
-
Corporate
184 096
211 000
-
-
income
18 409
21 100
-
-
total
18 409
21 100
-
-
Dividends
165 687
189 900
-
-
withholding
8 284
9 495
-
-
total
8 284
9 495
-
-
Income
211 000
211 000
211 000
211 000
Total tax
36 610
30 595
32 182
40 858
After tax
174 390
180 405
178 818
170 142
Living cost
16 985
16 985
16 985
16 985
Free-cash
157 405
163 420
161 833
153 157

Estimated living cost  is ₽16985 per week

₽11234
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽972
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.
₽4374
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70324
₽92933
₽83271
₽69257
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
211 000
health

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

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

-
-
-
6 761
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.

-
-
-
69 289
trade
-
-
-
23 676
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.

-
-
-
3 810
total
-
-
-
103 536
Employee

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

49 240
-
211 000
-
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.

223
-
3 810
-
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.

4 049
-
69 289
-
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.

6 761
-
6 761
-
total
11 033
-
79 860
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
161 760
211 000
-
-
trade
23 212
30 279
-
-
chamber of commerce
387
460
-
-
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.

1 335
1 741
-
-
income
24 264
31 650
-
-
total
49 198
64 130
-
-
Dividends
112 562
146 870
-
-
withholding
27 764
36 341
-
-
surtax

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

1 527
1 998
-
-
total
29 291
38 339
-
-
Income
211 000
211 000
211 000
211 000
Total tax
89 522
102 469
79 860
103 536
After tax
121 478
108 531
131 140
107 464
Living cost
38 207
38 207
38 207
38 207
Free-cash
83 271
70 324
92 933
69 257

Estimated living cost  is ₽38207 per week

₽26356
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4111
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽554
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7185
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91326
₽50532
₽93512
₽50532
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
211 000
income
-
-
-
68 042
social contributions
-
-
-
36 052
total
-
-
-
104 094
Employee
77 411
-
211 000
-
social contributions
6 431
-
36 052
-
income
14 607
-
68 042
-
total
21 038
-
104 094
-
Employer
77 411
-
211 000
-
total
-
-
-
-
Corporate
133 589
211 000
-
-
income
16 699
26 375
-
-
total
16 699
26 375
-
-
Dividends
116 890
184 625
-
-
withholding
23 377
36 925
-
-
total
23 377
36 925
-
-
Income
211 000
211 000
211 000
211 000
Total tax
61 114
63 300
104 094
104 094
After tax
149 886
147 700
106 906
106 906
Living cost
56 374
56 374
56 374
56 374
Free-cash
93 512
91 326
50 532
50 532

Estimated living cost  is ₽56374 per week

₽42888
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4594
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.
₽8353
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95997
₽111863
₽99456
₽137266
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
211 000
health

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

-
-
-
6 160
income
-
-
-
31 650
total
-
-
-
37 810
Employee
45 398
-
206 448
-
social contributions
4 549
-
4 552
-
income
4 926
-
54 109
-
total
9 475
-
58 661
-
Employer
45 398
-
206 448
-
social contributions
4 549
-
4 552
-
total
4 549
-
4 552
-
Corporate
161 053
211 000
-
-
income
56 368
73 851
-
-
total
56 368
73 851
-
-
Dividends
104 685
137 149
-
-
social contributions
5 228
5 228
-
-
total
5 228
5 228
-
-
Income
211 000
211 000
211 000
211 000
Total tax
75 620
79 079
63 213
37 810
After tax
135 380
131 921
147 787
173 190
Living cost
35 924
35 924
35 924
35 924
Free-cash
99 456
95 997
111 863
137 266

Estimated living cost  is ₽35924 per week

₽23663
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2832
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.
₽8877
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97447
₽81571
₽103292
₽100463
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
211 000
income
-
-
-
64 246
pensions
-
-
-
9 623
total
-
-
-
73 869
Employee
50 332
-
183 976
-
income
9 166
-
51 649
-
pensions
3 842
-
11 566
-
health
657
-
2 522
-
total
13 665
-
65 737
-
Employer
50 332
-
183 976
-
pensions
5 085
-
23 528
-
health
957
-
3 496
-
total
6 042
-
27 024
-
Corporate
154 626
211 000
-
-
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.

29 378
40 090
-
-
total
29 378
40 090
-
-
Dividends
125 248
170 910
-
-
withholding
21 955
36 795
-
-
total
21 955
36 795
-
-
Income
211 000
211 000
211 000
211 000
Total tax
71 040
76 885
92 761
73 869
After tax
139 960
134 115
118 239
137 131
Living cost
36 668
36 668
36 668
36 668
Free-cash
103 292
97 447
81 571
100 463

Estimated living cost  is ₽36668 per week

₽25154
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3372
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽459
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7681
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

The only visa which will gain you entry to the UK as a freelancer is Tier 1 (with an exception of EU nationals or long-term UK residence permit holders, up until Brexit). There are two Tier 1 visa pathways.

You can either apply for an Entrepreneur visa which requires an investment of at least £200000 and creating two full time jobs, or choose an Exceptional Talent visa, which has no financial requirements but is more difficult to obtain.

Source of data for Edinburgh model

Close
Warsaw , Poland
-₽6627
₽92144
₽13454
₽120394
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
211 000
health
-
-
-
2 171
income
-
-
-
59 954
pensions
-
-
-
4 143
other
-
-
-
369
accident
-
-
-
251
total
-
-
-
66 888
Employee
37 309
-
192 116
-
income
5 118
-
46 660
-
pensions
4 201
-
7 596
-
health
4 272
-
21 998
-
total
13 591
-
76 254
-
Employer
37 309
-
192 116
-
unemployment
914
-
4 707
-
pensions
6 066
-
10 969
-
accident
623
-
3 208
-
total
7 603
-
18 884
-
Corporate
166 088
211 000
-
-
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.

149 479
189 900
-
-
total
149 479
189 900
-
-
Dividends
16 609
21 100
-
-
withholding
3 155
4 009
-
-
total
3 155
4 009
-
-
Income
211 000
211 000
211 000
211 000
Total tax
173 828
193 909
95 138
66 888
After tax
37 172
17 091
115 862
144 112
Living cost
23 718
23 718
23 718
23 718
Free-cash
13 454
-6 627
92 144
120 394

Estimated living cost  is ₽23718 per week

₽17406
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1382
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4452
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽148059
₽140555
₽145068
₽118810
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
211 000
work injury
-
-
-
791
income
-
-
-
35 346
health insurance
-
-
-
11 702
pensions
-
-
-
29 097
unemployment
-
-
-
1 898
total
-
-
-
78 834
Employee

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

21 370
-
211 000
-
unemployment
256
-
949
-
work injury
107
-
395
-
income
2 137
-
35 346
-
health insurance
1 581
-
5 851
-
pensions
3 932
-
14 548
-
total
8 013
-
57 089
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
189 630
211 000
-
-
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%.

18 963
21 100
-
-
total
18 963
21 100
-
-
Dividends
170 667
189 900
-
-
withholding
25 600
28 485
-
-
total
25 600
28 485
-
-
Income
211 000
211 000
211 000
211 000
Total tax
52 576
49 585
57 089
78 834
After tax
158 424
161 415
153 911
132 166
Living cost
13 356
13 356
13 356
13 356
Free-cash
145 068
148 059
140 555
118 810

Estimated living cost  is ₽13356 per week

₽8275
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽971
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽417
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3695
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71718
₽50811
₽67214
₽58939
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
211 000
social contributions
-
-
-
49 531
national
-
-
-
56 605
regional
-
-
-
5 047
municipal
-
-
-
1 454
total
-
-
-
112 637
Employee
83 392
-
211 000
-
regional
1 259
-
4 533
-
national
14 093
-
49 981
-
municipal
498
-
1 315
-
social contributions
28 119
-
64 936
-
total
43 969
-
120 765
-
Employer
83 392
-
211 000
-
total
-
-
-
-
Corporate
127 608
211 000
-
-
nationa
30 627
50 640
-
-
municipal
6 150
10 169
-
-
total
36 777
60 809
-
-
Dividends
90 831
150 190
-
-
withholding
23 616
39 049
-
-
total
23 616
39 049
-
-
Income
211 000
211 000
211 000
211 000
Total tax
104 362
99 858
120 765
112 637
After tax
106 638
111 142
90 235
98 363
Living cost
39 424
39 424
39 424
39 424
Free-cash
67 214
71 718
50 811
58 939

Estimated living cost  is ₽39424 per week

₽27693
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2712
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽595
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8423
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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