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
₽77808
₽101946
₽75613
₽88230
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
70 218
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.

-
-
-
3 862
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.

-
-
-
6 437
trade
-
-
-
26 333
total
-
-
-
106 850
Employee

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

36 036
-
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.

55
-
3 862
-
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.

1 007
-
70 218
-
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.

6 437
-
6 437
-
total
7 499
-
80 517
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
174 964
211 000
-
-
income
26 245
31 650
-
-
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.

1 443
1 741
-
-
chamber of commerce
395
447
-
-
trade
27 557
33 232
-
-
total
55 640
67 070
-
-
Dividends
119 324
143 929
-
-
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.

1 622
1 960
-
-
withholding
29 472
35 625
-
-
total
31 094
37 585
-
-
Income
211 000
211 000
211 000
211 000
Total tax
94 233
104 655
80 517
106 850
After tax
116 767
106 345
130 483
104 150
Living cost
28 537
28 537
28 537
28 537
Free-cash
88 230
77 808
101 946
75 613

Estimated living cost  is ₽28537 per week

₽17951
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3327
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽533
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6726
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81494
₽72004
₽70872
₽80660
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
23 375
national
-
-
-
38 995
pensions
-
-
-
25 320
total
-
-
-
89 958
Employee
77 774
-
182 408
-
municipal
9 606
-
24 191
-
pensions
3 111
-
7 296
-
national
14 886
-
40 784
-
total
27 603
-
72 271
-
Employer
77 774
-
182 408
-
pensions
6 222
-
14 593
-
social contributions
836
-
1 961
-
total
7 058
-
16 554
-
Corporate
121 035
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%.

24 207
42 200
-
-
total
24 207
42 200
-
-
Dividends
96 828
168 800
-
-
withholding
21 302
37 136
-
-
total
21 302
37 136
-
-
Income
211 000
211 000
211 000
211 000
Total tax
80 170
79 336
88 825
89 958
After tax
130 830
131 664
122 175
121 042
Living cost
50 170
50 170
50 170
50 170
Free-cash
80 660
81 494
72 004
70 872

Estimated living cost  is ₽50170 per week

₽34100
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4664
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽751
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10655
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽149198
₽72084
₽57083
₽141471
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
44 414
surtax
-
-
-
53 804
social contributions

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

-
-
-
36 098
microenterprise
-
-
-
-
total
-
-
-
134 316
Employee
27 531
-
165 721
-
surtax
-
-
24 030
-
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.

3 029
-
12 351
-
income
4 901
-
37 654
-
total
7 930
-
74 035
-
Employer
27 531
-
165 721
-
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.

6 631
-
27 050
-
surtax
-
-
18 230
-
total
6 631
-
45 280
-
Corporate
176 838
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%.

35 367
42 201
-
-
total
35 367
42 201
-
-
Dividends

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

141 471
168 799
-
-
total
-
-
-
-
Income
211 000
211 000
211 000
211 000
Total tax
49 928
42 201
119 315
134 316
After tax
161 072
168 799
91 685
76 684
Living cost
19 601
19 601
19 601
19 601
Free-cash
141 471
149 198
72 084
57 083

Estimated living cost  is ₽19601 per week

₽12505
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1867
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽445
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4785
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65666
₽95478
₽73885
₽59895
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
74 989
health
-
-
-
11 618
pensions
-
-
-
11 039
total
-
-
-
97 646
Employee
80 457
80 457
193 491
-
pensions
14 482
11 039
11 039
-
income

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

13 170
13 170
35 887
-
health
12 349
10 504
11 618
-
total
40 001
34 713
58 544
-
Employer
80 457
80 457
193 491
-
health
5 593
5 593
6 950
-
pensions
5 600
5 600
6 960
-
unemployment
2 896
2 896
3 599
-
total
14 089
14 089
17 509
-
Corporate
117 441
116 454
-
-
income
23 488
23 291
-
-
total
23 488
23 291
-
-
Dividends
93 953
93 163
-
-
income
19 966
19 798
-
-
withholding
14 092
13 974
-
-
total
34 058
33 772
-
-
Income
211 000
211 000
211 000
211 000
Total tax
111 636
105 865
76 053
97 646
After tax
99 364
105 135
134 947
113 354
Living cost
39 469
39 469
39 469
39 469
Free-cash
59 895
65 666
95 478
73 885

Estimated living cost  is ₽39469 per week

₽27970
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3558
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽628
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7313
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77586
₽67042
₽67956
₽76741
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
165
other
-
-
-
9 581
unemployment
-
-
-
82
health
-
-
-
5 145
municipal
-
-
-
55 797
national
-
-
-
25 741
pensions
-
-
-
8 913
total
-
-
-
105 424
Employee
53 604
-
185 095
-
municipal
15 985
-
55 195
-
national
-
-
25 236
-
total
15 985
-
80 431
-
Employer
53 604
-
185 095
-
health
3 297
-
5 071
-
pensions
5 795
-
8 913
-
accident
107
-
165
-
unemployment
1 415
-
2 177
-
other
6 229
-
9 581
-
total
16 843
-
25 907
-
Corporate
140 553
211 000
-
-
income
30 922
46 420
-
-
total
30 922
46 420
-
-
Dividends
109 631
164 580
-
-
withholding
32 889
49 374
-
-
total
32 889
49 374
-
-
Income
211 000
211 000
211 000
211 000
Total tax
96 639
95 794
106 338
105 424
After tax
114 361
115 206
104 662
105 576
Living cost
37 620
37 620
37 620
37 620
Free-cash
76 741
77 586
67 042
67 956

Estimated living cost  is ₽37620 per week

₽24933
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3692
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8424
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68249
₽93471
₽65967
₽81488
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
70 218
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.

-
-
-
3 862
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.

-
-
-
6 437
trade
-
-
-
27 504
total
-
-
-
108 021
Employee

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

47 779
-
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.

225
-
3 862
-
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.

4 105
-
70 218
-
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.

6 437
-
6 437
-
total
10 767
-
80 517
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
163 221
211 000
-
-
income
24 484
31 650
-
-
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.

1 346
1 741
-
-
chamber of commerce
375
443
-
-
trade
26 849
34 709
-
-
total
53 054
68 543
-
-
Dividends
110 166
142 456
-
-
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.

1 495
1 940
-
-
withholding
27 184
35 256
-
-
total
28 679
37 196
-
-
Income
211 000
211 000
211 000
211 000
Total tax
92 500
105 739
80 517
108 021
After tax
118 500
105 261
130 483
102 979
Living cost
37 012
37 012
37 012
37 012
Free-cash
81 488
68 249
93 471
65 967

Estimated living cost  is ₽37012 per week

₽24754
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3903
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽552
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7803
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽123221
₽109671
₽111405
₽119314
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
48 412
social contributions
-
-
-
15 244
health
-
-
-
5 380
total
-
-
-
69 036
Employee
72 448
72 448
199 205
-
social contributions
3 520
6 013
8 110
-
income
7 608
6 707
47 479
-
health
721
1 232
3 386
-
total
11 849
13 952
58 975
-
Employer
72 448
72 448
199 205
-
health
785
1 341
3 685
-
social contributions
3 520
6 013
8 110
-
total
4 305
7 354
11 795
-
Corporate
164 287
131 198
-
-
income
20 536
16 399
-
-
total
20 536
16 399
-
-
Dividends
143 751
114 799
-
-
withholding
24 437
19 515
-
-
total
24 437
19 515
-
-
Income
211 000
211 000
211 000
211 000
Total tax
61 127
57 220
70 770
69 036
After tax
149 873
153 780
140 230
141 964
Living cost
30 559
30 559
30 559
30 559
Free-cash
119 314
123 221
109 671
111 405

Estimated living cost  is ₽30559 per week

₽20890
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2387
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6769
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽101521
₽105408
₽129261
₽101872
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
25 795
unemployment
-
-
-
3 165
health
-
-
-
14 770
pensions
-
-
-
21 100
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.

24 409
9 714
176 569
-
unemployment
366
146
2 649
-
pensions
2 441
971
17 657
-
income
2 984
1 188
21 586
-
health
1 709
680
12 360
-
total
7 500
2 985
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.

24 409
9 714
176 569
-
pensions
4 760
1 894
34 431
-
total
4 760
1 894
34 431
-
Corporate
181 831
199 391
-
-
income
16 365
17 945
-
-
total
16 365
17 945
-
-
Dividends
165 466
181 446
-
-
social contributions
32 155
35 271
-
-
withholding
31 439
34 475
-
-
total
63 594
69 746
-
-
Income
211 000
211 000
211 000
211 000
Total tax
92 219
92 570
88 683
64 830
After tax
118 781
118 430
122 317
146 170
Living cost
16 909
16 909
16 909
16 909
Free-cash
101 872
101 521
105 408
129 261

Estimated living cost  is ₽16909 per week

₽11539
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1384
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽338
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3649
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽146042
₽98861
₽90338
₽140190
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 274
health
-
-
-
27 430
pensions
-
-
-
42 201
total
-
-
-
97 905
Employee
26 728
-
157 698
-
unemployment
427
-
2 523
-
pensions
535
-
3 154
-
income
3 009
-
30 404
-
total
3 971
-
36 081
-
Employer
26 728
-
157 698
-
health
3 474
-
20 500
-
pensions
5 346
-
31 539
-
unemployment
215
-
1 262
-
total
9 035
-
53 301
-
Corporate
175 238
211 000
-
-
income
35 047
42 201
-
-
total
35 047
42 201
-
-
Dividends
140 191
168 799
-
-
total
-
-
-
-
Income
211 000
211 000
211 000
211 000
Total tax
48 053
42 201
89 382
97 905
After tax
162 947
168 799
121 618
113 095
Living cost
22 757
22 757
22 757
22 757
Free-cash
140 190
146 042
98 861
90 338

Estimated living cost  is ₽22757 per week

₽15609
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1355
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5335
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3953
₽95062
₽123043
₽13863
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
242
income
-
-
-
60 251
other
-
-
-
354
health
-
-
-
2 086
pensions
-
-
-
3 980
total
-
-
-
66 913
Employee
33 103
-
192 529
-
pensions
3 728
-
7 298
-
income
4 541
-
47 082
-
health
3 790
-
22 044
-
total
12 059
-
76 424
-
Employer
33 103
-
192 529
-
pensions
5 383
-
10 538
-
accident
553
-
3 215
-
unemployment
811
-
4 717
-
total
6 747
-
18 470
-
Corporate
171 150
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.

154 035
189 900
-
-
total
154 035
189 900
-
-
Dividends
17 115
21 100
-
-
withholding
3 252
4 009
-
-
total
3 252
4 009
-
-
Income
211 000
211 000
211 000
211 000
Total tax
176 093
193 909
94 894
66 913
After tax
34 907
17 091
116 106
144 087
Living cost
21 044
21 044
21 044
21 044
Free-cash
13 863
-3 953
95 062
123 043

Estimated living cost  is ₽21044 per week

₽15423
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1166
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽439
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4016
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽192843
₽161193
₽201283
₽191416
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 509
-
211 000
-
income
1 902
-
42 200
-
total
1 902
-
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%.

201 491
211 000
-
-
total
-
-
-
-
Dividends
201 491
211 000
-
-
withholding
10 075
10 550
-
-
total
10 075
10 550
-
-
Income
211 000
211 000
211 000
211 000
Total tax
11 977
10 550
42 200
2 110
After tax
199 023
200 450
168 800
208 890
Living cost
7 607
7 607
7 607
7 607
Free-cash
191 416
192 843
161 193
201 283

Estimated living cost  is ₽7607 per week

₽4714
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽632
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽209
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2051
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽129917
₽99767
₽101511
₽123557
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
36 889
other
-
-
-
6 805
health
-
-
-
6 304
pensions

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

-
-
-
34 386
total
-
-
-
84 384
Employee
34 209
-
174 646
-
unemployment
341
-
1 432
-
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.

2 394
-
10 029
-
income
5 889
-
36 308
-
health
479
-
2 006
-
total
9 103
-
49 775
-
Employer
34 209
-
174 646
-
health
479
-
2 006
-
pensions

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

5 816
-
24 357
-
accident
274
-
1 396
-
unemployment
341
-
1 432
-
other
1 711
-
7 162
-
total
8 621
-
36 353
-
Corporate
168 170
211 000
-
-
income
35 315
44 310
-
-
total
35 315
44 310
-
-
Dividends
132 854
166 690
-
-
withholding
9 299
11 668
-
-
total
9 299
11 668
-
-
Income
211 000
211 000
211 000
211 000
Total tax
62 338
55 978
86 128
84 384
After tax
148 662
155 022
124 872
126 616
Living cost
25 105
25 105
25 105
25 105
Free-cash
123 557
129 917
99 767
101 511

Estimated living cost  is ₽25105 per week

₽17738
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1695
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽404
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5267
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70225
₽54647
₽73495
₽77817
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
65 078
pensions
-
-
-
9 381
total
-
-
-
74 459
Employee
89 201
-
183 905
-
pensions
8 605
-
11 209
-
income
16 079
-
52 511
-
health
1 470
-
2 492
-
total
26 154
-
66 212
-
Employer
89 201
-
183 905
-
health
1 694
-
3 494
-
pensions
10 532
-
23 601
-
total
12 226
-
27 095
-
Corporate
109 573
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.

20 819
40 090
-
-
total
20 819
40 090
-
-
Dividends
88 753
170 910
-
-
withholding
10 938
37 639
-
-
total
10 938
37 639
-
-
Income
211 000
211 000
211 000
211 000
Total tax
70 137
77 729
93 307
74 459
After tax
140 863
133 271
117 693
136 541
Living cost
63 046
63 046
63 046
63 046
Free-cash
77 817
70 225
54 647
73 495

Estimated living cost  is ₽63046 per week

₽47242
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7408
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7885
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽168057
₽166981
₽158218
₽163681
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
31 650
unemployment
-
-
-
132
health
-
-
-
3 783
pensions

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

-
-
-
4 869
total
-
-
-
40 434
Employee
16 350
-
204 546
-
accident

We are using the highest rate at 1.1%.

180
-
362
-
pensions

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

1 436
-
2 888
-
income
1 635
-
20 454
-
health
752
-
1 513
-
total
4 003
-
25 217
-
Employer
16 350
-
204 546
-
health
1 129
-
2 270
-
pensions

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

1 802
-
3 625
-
accident

We are using the highest rate at 1.1%.

180
-
362
-
unemployment
98
-
197
-
total
3 209
-
6 454
-
Corporate
191 441
211 000
-
-
income
19 144
21 100
-
-
total
19 144
21 100
-
-
Dividends
172 297
189 900
-
-
withholding
8 615
9 495
-
-
total
8 615
9 495
-
-
Income
211 000
211 000
211 000
211 000
Total tax
34 971
30 595
31 671
40 434
After tax
176 029
180 405
179 329
170 566
Living cost
12 348
12 348
12 348
12 348
Free-cash
163 681
168 057
166 981
158 218

Estimated living cost  is ₽12348 per week

₽7209
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽882
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽327
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3930
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52891
₽82703
₽61110
₽55261
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
74 989
health
-
-
-
11 618
pensions
-
-
-
11 039
total
-
-
-
97 646
Employee
87 351
80 457
193 491
-
pensions
11 039
11 039
11 039
-
income

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

13 170
13 170
35 887
-
health
10 897
10 504
11 618
-
total
35 106
34 713
58 544
-
Employer
87 351
80 457
193 491
-
health
6 070
5 593
6 950
-
pensions
6 079
5 600
6 960
-
unemployment
3 145
2 896
3 599
-
total
15 294
14 089
17 509
-
Corporate
108 355
116 454
-
-
income
21 672
23 291
-
-
total
21 672
23 291
-
-
Dividends
86 684
93 163
-
-
income
18 421
19 798
-
-
withholding
13 002
13 974
-
-
total
31 423
33 772
-
-
Income
211 000
211 000
211 000
211 000
Total tax
103 495
105 865
76 053
97 646
After tax
107 505
105 135
134 947
113 354
Living cost
52 244
52 244
52 244
52 244
Free-cash
55 261
52 891
82 703
61 110

Estimated living cost  is ₽52244 per week

₽38539
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4667
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽599
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8441
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽122156
₽92058
₽101272
₽113906
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
22 387
social contributions
-
-
-
33 265
solidarity contribution
-
-
-
2 473
health
-
-
-
28 485
total
-
-
-
86 610
Employee
33 996
-
167 449
-
solidarity contribution
-
-
1 646
-
social contributions
2 210
-
7 405
-
income
4 080
-
20 616
-
health
4 590
-
22 606
-
total
10 880
-
52 273
-
Employer
33 996
-
167 449
-
health
3 060
-
15 070
-
social contributions
8 499
-
28 481
-
total
11 559
-
43 551
-
Corporate
165 445
211 000
-
-
income
31 435
40 090
-
-
total
31 435
40 090
-
-
Dividends
134 010
170 910
-
-
withholding
20 102
25 637
-
-
total
20 102
25 637
-
-
Income
211 000
211 000
211 000
211 000
Total tax
73 976
65 727
95 824
86 610
After tax
137 024
145 273
115 176
124 390
Living cost
23 118
23 118
23 118
23 118
Free-cash
113 906
122 156
92 058
101 272

Estimated living cost  is ₽23118 per week

₽16058
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1645
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4961
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brno model

Close
Milan , Italy
₽72820
₽53885
₽61871
₽67903
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
47 155
regional
-
-
-
2 665
municipal
-
-
-
1 311
national
-
-
-
58 242
total
-
-
-
109 373
Employee
83 734
-
211 000
-
municipal
443
-
1 193
-
national
14 509
-
51 936
-
regional
790
-
2 409
-
social contributions
28 235
-
61 821
-
total
43 977
-
117 359
-
Employer
83 734
-
211 000
-
total
-
-
-
-
Corporate
127 266
211 000
-
-
municipal
4 963
8 230
-
-
nationa
30 543
50 640
-
-
total
35 506
58 870
-
-
Dividends
91 760
152 130
-
-
withholding
23 858
39 554
-
-
total
23 858
39 554
-
-
Income
211 000
211 000
211 000
211 000
Total tax
103 341
98 424
117 359
109 373
After tax
107 659
112 576
93 641
101 627
Living cost
39 756
39 756
39 756
39 756
Free-cash
67 903
72 820
53 885
61 871

Estimated living cost  is ₽39756 per week

₽27713
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2607
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽610
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8825
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽111929
₽72702
₽78464
₽108995
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
66 288
other
-
-
-
-
surtax
-
-
-
11 167
unemployment
-
-
-
215
health
-
-
-
8 927
pensions
-
-
-
25 149
total
-
-
-
111 746
Employee
31 157
-
184 531
-
other
-
-
-
-
unemployment
2 169
-
8 752
-
pensions
2 078
-
8 387
-
surtax
102
-
10 041
-
income
5 223
-
60 654
-
health
796
-
3 206
-
total
10 368
-
91 040
-
Employer
31 157
-
184 531
-
health
1 418
-
5 721
-
pensions
4 153
-
16 762
-
unemployment
987
-
3 985
-
other
-
-
-
-
total
6 558
-
26 468
-
Corporate
173 285
211 000
-
-
income
45 054
54 859
-
-
total
45 054
54 859
-
-
Dividends
128 231
156 141
-
-
withholding
19 235
23 422
-
-
total
19 235
23 422
-
-
Income
211 000
211 000
211 000
211 000
Total tax
81 215
78 281
117 508
111 746
After tax
129 785
132 719
93 492
99 254
Living cost
20 790
20 790
20 790
20 790
Free-cash
108 995
111 929
72 702
78 464

Estimated living cost  is ₽20790 per week

₽12712
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1918
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽479
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5680
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90199
₽74621
₽93469
₽96425
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
65 078
pensions
-
-
-
9 381
total
-
-
-
74 459
Employee
59 780
-
183 905
-
pensions
5 074
-
11 209
-
income
10 767
-
52 511
-
health
868
-
2 492
-
total
16 709
-
66 212
-
Employer
59 780
-
183 905
-
health
1 136
-
3 494
-
pensions
6 471
-
23 601
-
total
7 607
-
27 095
-
Corporate
143 613
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.

27 286
40 090
-
-
total
27 286
40 090
-
-
Dividends
116 327
170 910
-
-
withholding
19 901
37 639
-
-
total
19 901
37 639
-
-
Income
211 000
211 000
211 000
211 000
Total tax
71 503
77 729
93 307
74 459
After tax
139 497
133 271
117 693
136 541
Living cost
43 072
43 072
43 072
43 072
Free-cash
96 425
90 199
74 621
93 469

Estimated living cost  is ₽43072 per week

₽32269
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3228
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7123
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽22036
₽85360
₽93360
₽53888
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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
regional
-
-
-
11 651
health
-
-
-
474
city
-
-
-
2 224
national
-
-
-
5 210
pensions
-
-
-
19 412
total
-
-
-
43 191
Employee
87 124
-
189 730
-
unemployment
-
-
-
-
pensions
7 320
-
14 959
-
national
412
-
4 244
-
regional
2 853
-
10 333
-
city
935
-
2 050
-
health
197
-
426
-
total
11 717
-
32 012
-
Employer
87 124
-
189 730
-
health
197
-
426
-
pensions
7 320
-
14 959
-
unemployment
-
-
-
-
other

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

1 742
-
3 794
-
total
9 259
-
19 179
-
Corporate
113 659
211 000
-
-
regional
24 039
44 627
-
-
national
9 662
17 936
-
-
total
33 701
62 563
-
-
Dividends
79 958
148 437
-
-
withholding
27 986
51 952
-
-
total
27 986
51 952
-
-
Income
211 000
211 000
211 000
211 000
Total tax
82 663
114 515
51 191
43 191
After tax
128 337
96 485
159 809
167 809
Living cost
74 449
74 449
74 449
74 449
Free-cash
53 888
22 036
85 360
93 360

Estimated living cost  is ₽74449 per week

₽48413
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6681
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽914
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18441
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽61016
₽87322
₽58647
₽76293
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
70 218
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.

-
-
-
3 862
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.

-
-
-
6 437
trade
-
-
-
28 675
total
-
-
-
109 192
Employee

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

56 622
-
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.

367
-
3 862
-
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.

6 658
-
70 218
-
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.

6 437
-
6 437
-
total
13 462
-
80 517
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
154 378
211 000
-
-
income
23 157
31 650
-
-
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.

1 273
1 741
-
-
chamber of commerce
361
440
-
-
trade
26 476
36 186
-
-
total
51 267
70 017
-
-
Dividends
103 110
140 983
-
-
surtax

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

1 398
1 918
-
-
withholding
25 419
34 888
-
-
total
26 817
36 806
-
-
Income
211 000
211 000
211 000
211 000
Total tax
91 546
106 823
80 517
109 192
After tax
119 454
104 177
130 483
101 808
Living cost
43 161
43 161
43 161
43 161
Free-cash
76 293
61 016
87 322
58 647

Estimated living cost  is ₽43161 per week

₽31523
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3453
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7626
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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
₽74107
₽77189
₽83310
₽79672
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
39 244
other
-
-
-
6 540
surtax
-
-
-
-
social contributions
-
-
-
6 013
health
-
-
-
10 327
pensions
-
-
-
33 331
total
-
-
-
95 455
Employee
40 323
-
160 986
-
pensions
4 559
-
12 154
-
surtax
-
-
-
-
social contributions
1 150
-
4 586
-
income
2 380
-
34 821
-
total
8 089
-
51 561
-
Employer
40 323
-
160 986
-
health
2 823
-
16 032
-
pensions
6 624
-
20 290
-
unemployment
1 632
-
6 521
-
social contributions
122
-
483
-
other
1 391
-
6 689
-
total
12 592
-
50 015
-
Corporate
158 084
211 000
-
-
income
44 264
59 081
-
-
surtax
-
-
-
-
total
44 264
59 081
-
-
Dividends
113 820
151 919
-
-
surtax
-
-
-
-
social contributions
19 578
26 131
-
-
withholding
14 570
19 446
-
-
total
34 148
45 577
-
-
Income
211 000
211 000
211 000
211 000
Total tax
99 093
104 658
101 576
95 455
After tax
111 907
106 342
109 424
115 545
Living cost
32 235
32 235
32 235
32 235
Free-cash
79 672
74 107
77 189
83 310

Estimated living cost  is ₽32235 per week

₽20325
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2621
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽549
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8741
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77301
₽80383
₽86504
₽82540
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
39 244
other
-
-
-
6 540
surtax
-
-
-
-
social contributions
-
-
-
6 013
health
-
-
-
10 327
pensions
-
-
-
33 331
total
-
-
-
95 455
Employee
35 994
-
160 986
-
pensions
4 071
-
12 154
-
surtax
-
-
-
-
social contributions
1 026
-
4 586
-
income
1 856
-
34 821
-
total
6 953
-
51 561
-
Employer
35 994
-
160 986
-
health
2 519
-
16 032
-
pensions
5 914
-
20 290
-
unemployment
1 457
-
6 521
-
social contributions
107
-
483
-
other
1 243
-
6 689
-
total
11 240
-
50 015
-
Corporate
163 765
211 000
-
-
income
45 853
59 081
-
-
surtax
-
-
-
-
total
45 853
59 081
-
-
Dividends
117 912
151 919
-
-
surtax
-
-
-
-
social contributions
20 281
26 131
-
-
withholding
15 092
19 446
-
-
total
35 373
45 577
-
-
Income
211 000
211 000
211 000
211 000
Total tax
99 419
104 658
101 576
95 455
After tax
111 581
106 342
109 424
115 545
Living cost
29 041
29 041
29 041
29 041
Free-cash
82 540
77 301
80 383
86 504

Estimated living cost  is ₽29041 per week

₽16842
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2950
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8698
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Marseille model

Close
Vilnius , Lithuania
₽108751
₽109852
₽115527
₽109239
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
31 650
social contributions
-
-
-
29 118
health
-
-
-
14 727
total
-
-
-
75 495
Employee
31 945
-
211 000
-
social contributions
4 409
-
29 118
-
income
5 328
-
37 325
-
health
2 230
-
14 727
-
total
11 967
-
81 170
-
Employer
31 945
-
211 000
-
total
-
-
-
-
Corporate
179 055
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%.

8 952
10 551
-
-
total
8 952
10 551
-
-
Dividends
170 103
200 449
-
-
social contributions
23 474
27 661
-
-
withholding
25 516
30 068
-
-
health
11 874
13 991
-
-
total
60 864
71 720
-
-
Income
211 000
211 000
211 000
211 000
Total tax
81 783
82 271
81 170
75 495
After tax
129 217
128 729
129 830
135 505
Living cost
19 978
19 978
19 978
19 978
Free-cash
109 239
108 751
109 852
115 527

Estimated living cost  is ₽19978 per week

₽13370
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1232
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.
₽4915
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83118
₽22131
₽74910
₽81663
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
67 301
surtax
-
-
-
186
unemployment
-
-
-
5 779
chamber of commerce
-
-
-
844
health
-
-
-
8 419
pensions
-
-
-
20 363
total
-
-
-
102 892
Employee
47 085
37 547
174 439
-
other
470
375
1 101
-
unemployment
1 412
1 126
3 302
-
pensions
4 822
3 844
11 271
-
income
5 360
2 770
56 461
-
health
1 822
1 454
4 259
-
total
13 886
9 569
76 394
-
Employer
47 085
37 547
174 439
-
chamber of commerce
188
150
697
-
health
1 779
1 420
4 161
-
pensions
5 909
4 713
13 814
-
accident
611
488
1 430
-
unemployment
1 412
1 126
3 302
-
surtax
186
186
186
-
payroll
1 412
1 126
5 233
-
other
2 237
1 783
7 738
-
total
13 734
10 992
36 561
-
Corporate
150 180
162 461
170 863
-
income

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

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

37 545
40 615
42 716
-
total
37 545
40 615
42 716
-
Dividends
112 635
121 846
-
-
withholding
30 974
33 508
-
-
total
30 974
33 508
-
-
Income
211 000
211 000
211 000
211 000
Total tax
96 139
94 684
155 671
102 892
After tax
114 861
116 316
55 329
108 108
Living cost
33 198
33 198
33 198
33 198
Free-cash
81 663
83 118
22 131
74 910

Estimated living cost  is ₽33198 per week

₽22142
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.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7679
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81490
₽37422
₽57414
₽69431
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
11 251
social contributions
-
-
-
23 490
national
-
-
-
84 492
total
-
-
-
119 233
Employee

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

67 394
-
163 425
-
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.

586
-
1 421
-
communal

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

3 515
-
8 523
-
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.

5 054
-
12 256
-
national
20 719
-
61 770
-
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.

3 166
-
7 681
-
total
33 040
-
91 651
-
Employer

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

67 394
-
163 425
-
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.

4 144
-
10 050
-
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.

5 972
-
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.

876
-
2 124
-
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.

983
-
2 387
-
surtax
7 642
-
18 534
-
total
19 617
-
47 574
-
Corporate
123 989
211 000
-
-
income
24 799
45 099
-
-
surtax
495
901
-
-
total
25 294
46 000
-
-
Dividends
98 695
165 000
-
-
withholding

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

29 265
49 157
-
-
total
29 265
49 157
-
-
Income
211 000
211 000
211 000
211 000
Total tax
107 216
95 157
139 225
119 233
After tax
103 784
115 843
71 775
91 767
Living cost
34 353
34 353
34 353
34 353
Free-cash
69 431
81 490
37 422
57 414

Estimated living cost  is ₽34353 per week

₽22127
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3004
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽538
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8684
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽106075
₽79929
₽83882
₽99622
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
787
income
-
-
-
66 893
other
-
-
-
88
unemployment
-
-
-
611
pensions
-
-
-
24 713
total
-
-
-
93 092
Employee
46 899
-
183 160
-
other
46
-
88
-
unemployment
728
-
1 353
-
pensions
2 205
-
4 105
-
income
9 895
-
63 659
-
total
12 874
-
69 205
-
Employer
46 899
-
183 160
-
pensions
11 067
-
20 610
-
accident
928
-
1 729
-
unemployment
2 580
-
4 802
-
other
374
-
699
-
total
14 949
-
27 840
-
Corporate
149 152
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.

22 372
31 650
-
-
total
22 372
31 650
-
-
Dividends
126 780
179 350
-
-
withholding
27 157
39 249
-
-
total
27 157
39 249
-
-
Income
211 000
211 000
211 000
211 000
Total tax
77 352
70 899
97 045
93 092
After tax
133 648
140 101
113 955
117 908
Living cost
34 026
34 026
34 026
34 026
Free-cash
99 622
106 075
79 929
83 882

Estimated living cost  is ₽34026 per week

₽25056
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2414
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.
₽6065
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Barcelona model

Close
Luxembourg , Luxembourg
₽68368
₽56487
₽48075
₽55417
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
13 334
accident
-
-
-
1 779
income
-
-
-
39 697
surtax
-
-
-
10 461
health
-
-
-
14 826
pensions
-
-
-
31 627
total
-
-
-
111 724
Employee
71 349
-
188 476
-
pensions
5 707
-
15 078
-
surtax
4 373
-
11 550
-
income
6 892
-
45 770
-
health
3 175
-
8 389
-
total
20 147
-
80 787
-
Employer
71 349
-
188 476
-
health
2 176
-
5 750
-
pensions
5 707
-
15 078
-
accident
642
-
1 697
-
total
8 525
-
22 525
-
Corporate
131 126
211 000
-
-
communal
8 850
14 243
-
-
income
19 669
31 650
-
-
surtax
1 377
2 215
-
-
total
29 896
48 108
-
-
Dividends
101 230
162 892
-
-
income
30 629
18 889
-
-
withholding
15 185
24 434
-
-
total
45 814
43 323
-
-
Income
211 000
211 000
211 000
211 000
Total tax
104 382
91 431
103 312
111 724
After tax
106 618
119 569
107 688
99 276
Living cost
51 201
51 201
51 201
51 201
Free-cash
55 417
68 368
56 487
48 075

Estimated living cost  is ₽51201 per week

₽38408
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3102
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽542
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9147
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽111557
₽72330
₽78092
₽108559
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
66 288
other
-
-
-
-
surtax
-
-
-
11 167
unemployment
-
-
-
215
health
-
-
-
8 927
pensions
-
-
-
25 149
total
-
-
-
111 746
Employee
31 729
-
184 531
-
other
-
-
-
-
unemployment
2 208
-
8 752
-
pensions
2 117
-
8 387
-
surtax
113
-
10 041
-
income
5 319
-
60 654
-
health
810
-
3 206
-
total
10 567
-
91 040
-
Employer
31 729
-
184 531
-
health
1 443
-
5 721
-
pensions
4 230
-
16 762
-
unemployment
1 007
-
3 985
-
other
-
-
-
-
total
6 680
-
26 468
-
Corporate
172 592
211 000
-
-
income
44 874
54 859
-
-
total
44 874
54 859
-
-
Dividends
127 718
156 141
-
-
withholding
19 158
23 422
-
-
total
19 158
23 422
-
-
Income
211 000
211 000
211 000
211 000
Total tax
81 279
78 281
117 508
111 746
After tax
129 721
132 719
93 492
99 254
Living cost
21 162
21 162
21 162
21 162
Free-cash
108 559
111 557
72 330
78 092

Estimated living cost  is ₽21162 per week

₽12777
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1840
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6056
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85526
₽67642
₽75586
₽83435
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
47 155
regional
-
-
-
3 326
municipal
-
-
-
1 311
national
-
-
-
58 242
total
-
-
-
110 034
Employee
52 263
-
211 000
-
municipal
277
-
1 193
-
national
8 280
-
51 936
-
regional
704
-
3 028
-
social contributions
17 624
-
61 821
-
total
26 885
-
117 978
-
Employer
52 263
-
211 000
-
total
-
-
-
-
Corporate
158 737
211 000
-
-
municipal
7 888
10 486
-
-
nationa
38 097
50 640
-
-
total
45 985
61 126
-
-
Dividends
112 751
149 874
-
-
withholding
29 315
38 968
-
-
total
29 315
38 968
-
-
Income
211 000
211 000
211 000
211 000
Total tax
102 185
100 094
117 978
110 034
After tax
108 815
110 906
93 022
100 966
Living cost
25 380
25 380
25 380
25 380
Free-cash
83 435
85 526
67 642
75 586

Estimated living cost  is ₽25380 per week

₽15784
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2571
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽434
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6590
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽116786
₽86689
₽95903
₽106625
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
22 387
social contributions
-
-
-
33 265
solidarity contribution
-
-
-
2 473
health
-
-
-
28 485
total
-
-
-
86 610
Employee
41 892
-
167 449
-
solidarity contribution
-
-
1 646
-
social contributions
2 723
-
7 405
-
income
5 027
-
20 616
-
health
5 655
-
22 606
-
total
13 405
-
52 273
-
Employer
41 892
-
167 449
-
health
3 770
-
15 070
-
social contributions
10 473
-
28 481
-
total
14 243
-
43 551
-
Corporate
154 864
211 000
-
-
income
29 424
40 090
-
-
total
29 424
40 090
-
-
Dividends
125 440
170 910
-
-
withholding
18 816
25 637
-
-
total
18 816
25 637
-
-
Income
211 000
211 000
211 000
211 000
Total tax
75 888
65 727
95 824
86 610
After tax
135 112
145 273
115 176
124 390
Living cost
28 487
28 487
28 487
28 487
Free-cash
106 625
116 786
86 689
95 903

Estimated living cost  is ₽28487 per week

₽21185
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1578
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽493
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5231
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Prague model

Close
Graz , Austria
₽86359
₽25318
₽78236
₽85895
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
67 301
surtax
-
-
-
-
unemployment
-
-
-
5 779
chamber of commerce
-
-
-
844
health
-
-
-
8 419
pensions
-
-
-
20 363
total
-
-
-
102 706
Employee
41 185
37 547
174 610
-
other
411
375
1 101
-
unemployment
1 235
1 126
3 302
-
pensions
4 218
3 844
11 271
-
income
3 669
2 770
56 543
-
health
1 593
1 454
4 259
-
total
11 126
9 569
76 476
-
Employer
41 185
37 547
174 610
-
chamber of commerce
164
150
699
-
health
1 557
1 420
4 161
-
pensions
5 169
4 713
13 814
-
accident
535
488
1 430
-
unemployment
1 235
1 126
3 302
-
surtax
-
-
-
-
payroll
1 235
1 126
5 239
-
other
1 956
1 783
7 745
-
total
11 851
10 806
36 390
-
Corporate
157 963
162 647
171 034
-
income

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

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

39 490
40 661
42 758
-
total
39 490
40 661
42 758
-
Dividends
118 473
121 986
-
-
withholding
32 580
33 547
-
-
total
32 580
33 547
-
-
Income
211 000
211 000
211 000
211 000
Total tax
95 047
94 583
155 624
102 706
After tax
115 953
116 417
55 376
108 294
Living cost
30 058
30 058
30 058
30 058
Free-cash
85 895
86 359
25 318
78 236

Estimated living cost  is ₽30058 per week

₽18031
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3070
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8421
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽188595
₽156945
₽197035
₽186372
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
14 819
-
211 000
-
income
2 964
-
42 200
-
total
2 964
-
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%.

196 181
211 000
-
-
total
-
-
-
-
Dividends
196 181
211 000
-
-
withholding
9 809
10 550
-
-
total
9 809
10 550
-
-
Income
211 000
211 000
211 000
211 000
Total tax
12 773
10 550
42 200
2 110
After tax
198 227
200 450
168 800
208 890
Living cost
11 855
11 855
11 855
11 855
Free-cash
186 372
188 595
156 945
197 035

Estimated living cost  is ₽11855 per week

₽8022
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽498
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽398
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2937
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽120001
₽68209
₽72790
₽112120
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
53 328
unemployment
-
-
-
316
health
-
-
-
20 761
pensions
-
-
-
38 534
total
-
-
-
112 939
Employee

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

41 663
-
182 574
-
unemployment
59
-
256
-
pensions
6 458
-
28 299
-
income
7 185
-
48 745
-
health
2 691
-
11 793
-
total
16 393
-
89 093
-
Employer

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

41 663
-
182 574
-
health
2 775
-
12 160
-
pensions
3 687
-
16 158
-
unemployment
25
-
109
-
total
6 487
-
28 427
-
Corporate
162 851
211 000
-
-
income
30 942
40 091
-
-
total
30 942
40 091
-
-
Dividends
131 909
170 909
-
-
withholding
19 787
25 637
-
-
total
19 787
25 637
-
-
Income
211 000
211 000
211 000
211 000
Total tax
73 609
65 728
117 520
112 939
After tax
137 391
145 272
93 480
98 061
Living cost
25 271
25 271
25 271
25 271
Free-cash
112 120
120 001
68 209
72 790

Estimated living cost  is ₽25271 per week

₽17343
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1620
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.
₽5820
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87929
₽158226
₽105375
₽43345
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
41 128
social contributions
-
-
-
24 054
total
-
-
-
65 182
Employee
57 990
-
-
-
social contributions
4 755
-
678
-
income
12 791
-
-
-
total
17 546
-
678
-
Employer
57 990
-
-
-
social contributions
81 766
-
11 653
-
total
81 766
-
11 653
-
Corporate
71 244
211 000
-
-
income
15 674
46 420
-
-
total
15 674
46 420
-
-
Dividends
55 570
164 580
-
-
income
12 225
36 208
-
-
total
12 225
36 208
-
-
Income
211 000
211 000
211 000
211 000
Total tax
127 211
82 628
12 331
65 182
After tax
83 789
128 372
198 669
145 818
Living cost
40 444
40 444
40 444
40 444
Free-cash
43 345
87 929
158 226
105 375

Estimated living cost  is ₽40444 per week

₽26241
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3804
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.
₽9883
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90465
₽64116
₽80557
₽89517
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
27 567
surtax
-
-
-
-
social contributions

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

-
-
-
73 323
total
-
-
-
100 890
Employee
43 332
-
170 505
-
surtax
-
-
218
-
social contributions
4 767
-
18 755
-
income
9 013
-
57 863
-
total
13 780
-
76 836
-
Employer
43 332
-
170 505
-
social contributions
10 291
-
40 495
-
total
10 291
-
40 495
-
Corporate
157 376
211 000
-
-
income
33 048
44 310
-
-
surtax
-
-
-
-
total
33 048
44 310
-
-
Dividends
124 328
166 690
-
-
withholding
34 811
46 672
-
-
total
34 811
46 672
-
-
Income
211 000
211 000
211 000
211 000
Total tax
91 930
90 982
117 331
100 890
After tax
119 070
120 018
93 669
110 110
Living cost
29 553
29 553
29 553
29 553
Free-cash
89 517
90 465
64 116
80 557

Estimated living cost  is ₽29553 per week

₽22111
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1743
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽493
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5205
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60837
₽63919
₽70040
₽67318
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
39 244
other
-
-
-
6 540
surtax
-
-
-
-
social contributions
-
-
-
6 013
health
-
-
-
10 327
pensions
-
-
-
33 331
total
-
-
-
95 455
Employee
59 010
-
160 986
-
pensions
6 674
-
12 154
-
surtax
-
-
-
-
social contributions
1 681
-
4 586
-
income
5 149
-
34 821
-
total
13 504
-
51 561
-
Employer
59 010
-
160 986
-
health
4 130
-
16 032
-
pensions
9 696
-
20 290
-
unemployment
2 390
-
6 521
-
social contributions
177
-
483
-
other
2 036
-
6 689
-
total
18 429
-
50 015
-
Corporate
133 560
211 000
-
-
income
37 396
59 081
-
-
surtax
-
-
-
-
total
37 396
59 081
-
-
Dividends
96 164
151 919
-
-
surtax
-
-
-
-
social contributions
16 540
26 131
-
-
withholding
12 308
19 446
-
-
total
28 848
45 577
-
-
Income
211 000
211 000
211 000
211 000
Total tax
98 177
104 658
101 576
95 455
After tax
112 823
106 342
109 424
115 545
Living cost
45 505
45 505
45 505
45 505
Free-cash
67 318
60 837
63 919
70 040

Estimated living cost  is ₽45505 per week

₽30797
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3722
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽624
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10361
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽161580
₽131128
₽125522
₽158413
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 737
social contributions
-
-
-
46 420
total
-
-
-
57 157
Employee
30 290
-
182 684
-
income
-
-
11 361
-
social contributions
1 969
-
11 874
-
total
1 969
-
23 235
-
Employer
30 290
-
182 684
-
social contributions
4 695
-
28 316
-
total
4 695
-
28 316
-
Corporate
176 015
211 000
-
-
income
17 602
21 099
-
-
total
17 602
21 099
-
-
Dividends
158 413
189 901
-
-
total
-
-
-
-
Income
211 000
211 000
211 000
211 000
Total tax
24 266
21 099
51 551
57 157
After tax
186 734
189 901
159 449
153 843
Living cost
28 321
28 321
28 321
28 321
Free-cash
158 413
161 580
131 128
125 522

Estimated living cost  is ₽28321 per week

₽18312
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2135
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽533
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7341
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5741
₽5741
₽76469
₽3269
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 815
municipal
-
-
-
45 290
national
-
-
-
26 238
pensions
-
-
-
817
total
-
-
-
89 160
Employee
191 499
191 499
191 499
-
municipal
40 779
40 779
40 779
-
labour market
15 298
15 298
15 298
-
pensions
272
272
272
-
national
23 395
23 395
23 395
-
total
79 744
79 744
79 744
-
Employer
191 499
191 499
191 499
-
national
23 436
23 436
23 436
-
labour market
15 320
15 320
15 320
-
pensions
544
544
544
-
municipal
40 844
40 844
40 844
-
total
80 144
80 144
80 144
-
Corporate
5 741
-
-
-
income
1 263
-
-
-
total
1 263
-
-
-
Dividends
4 478
-
-
-
withholding
1 209
-
-
-
total
1 209
-
-
-
Income
211 000
211 000
211 000
211 000
Total tax
162 360
159 888
159 888
89 160
After tax
48 640
51 112
51 112
121 840
Living cost
45 371
45 371
45 371
45 371
Free-cash
3 269
5 741
5 741
76 469

Estimated living cost  is ₽45371 per week

₽31052
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4014
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽698
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9607
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3643
₽95372
₽123353
₽13910
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
242
income
-
-
-
60 251
other
-
-
-
354
health
-
-
-
2 086
pensions
-
-
-
3 980
total
-
-
-
66 913
Employee
32 615
-
192 529
-
pensions
3 673
-
7 298
-
income
4 474
-
47 082
-
health
3 735
-
22 044
-
total
11 882
-
76 424
-
Employer
32 615
-
192 529
-
pensions
5 303
-
10 538
-
accident
545
-
3 215
-
unemployment
799
-
4 717
-
total
6 647
-
18 470
-
Corporate
171 738
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.

154 564
189 900
-
-
total
154 564
189 900
-
-
Dividends
17 174
21 100
-
-
withholding
3 263
4 009
-
-
total
3 263
4 009
-
-
Income
211 000
211 000
211 000
211 000
Total tax
176 356
193 909
94 894
66 913
After tax
34 644
17 091
116 106
144 087
Living cost
20 734
20 734
20 734
20 734
Free-cash
13 910
-3 643
95 372
123 353

Estimated living cost  is ₽20734 per week

₽15092
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1182
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽389
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4071
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93247
₽69210
₽93377
₽96158
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 855
municipal
-
-
-
37 466
national
-
-
-
41 130
total
-
-
-
81 451
Employee
49 569
-
177 507
-
municipal
8 119
-
28 895
-
unemployment
744
-
2 662
-
pensions
3 345
-
11 981
-
national
819
-
26 247
-
health
370
-
2 340
-
total
13 397
-
72 125
-
Employer
49 569
-
177 507
-
health
381
-
1 366
-
pensions
8 600
-
30 797
-
accident
50
-
177
-
unemployment
322
-
1 153
-
total
9 353
-
33 493
-
Corporate
152 078
211 000
-
-
income
30 416
42 201
-
-
total
30 416
42 201
-
-
Dividends

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

91 246
126 600
-
-
municipal
16 424
22 787
-
-
national
9 080
16 593
-
-
total
25 504
39 380
-
-
Income
211 000
211 000
211 000
211 000
Total tax
78 670
81 581
105 618
81 451
After tax
132 330
129 419
105 382
129 549
Living cost
36 172
36 172
36 172
36 172
Free-cash
96 158
93 247
69 210
93 377

Estimated living cost  is ₽36172 per week

₽23628
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3479
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽576
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8491
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽131966
₽118416
₽120150
₽126839
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
48 412
social contributions
-
-
-
15 244
health
-
-
-
5 380
total
-
-
-
69 036
Employee
72 448
72 448
199 205
-
social contributions
2 739
6 013
8 110
-
income
7 888
6 707
47 479
-
health
561
1 232
3 386
-
total
11 188
13 952
58 975
-
Employer
72 448
72 448
199 205
-
health
610
1 341
3 685
-
social contributions
2 739
6 013
8 110
-
total
3 349
7 354
11 795
-
Corporate
174 649
131 198
-
-
income
21 831
16 399
-
-
total
21 831
16 399
-
-
Dividends
152 818
114 799
-
-
withholding
25 979
19 515
-
-
total
25 979
19 515
-
-
Income
211 000
211 000
211 000
211 000
Total tax
62 347
57 220
70 770
69 036
After tax
148 653
153 780
140 230
141 964
Living cost
21 814
21 814
21 814
21 814
Free-cash
126 839
131 966
118 416
120 150

Estimated living cost  is ₽21814 per week

₽13073
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2140
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.
₽6118
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽159771
₽145872
₽164771
₽154976
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
21 840
unemployment
-
-
-
27
health
-
-
-
3 410
pensions
-
-
-
5 993
total
-
-
-
31 270
Employee

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

21 626
-
201 792
-
unemployment
107
-
447
-
pensions
3 243
-
13 410
-
income
1 479
-
19 505
-
health
1 838
-
7 599
-
total
6 667
-
40 961
-
Employer

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

21 626
-
201 792
-
health
930
-
3 844
-
pensions
1 189
-
4 917
-
unemployment
107
-
447
-
total
2 226
-
9 208
-
Corporate
187 148
211 000
-
-
income
16 844
18 990
-
-
total
16 844
18 990
-
-
Dividends
170 304
192 010
-
-
withholding
15 328
17 280
-
-
total
15 328
17 280
-
-
Income
211 000
211 000
211 000
211 000
Total tax
41 065
36 270
50 169
31 270
After tax
169 935
174 730
160 831
179 730
Living cost
14 959
14 959
14 959
14 959
Free-cash
154 976
159 771
145 872
164 771

Estimated living cost  is ₽14959 per week

₽9544
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1078
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽445
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3891
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽114193
₽88047
₽92000
₽110033
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
787
income
-
-
-
66 893
other
-
-
-
88
unemployment
-
-
-
611
pensions
-
-
-
24 713
total
-
-
-
93 092
Employee
34 837
-
183 160
-
other
34
-
88
-
unemployment
540
-
1 353
-
pensions
1 638
-
4 105
-
income
6 716
-
63 659
-
total
8 928
-
69 205
-
Employer
34 837
-
183 160
-
pensions
8 221
-
20 610
-
accident
690
-
1 729
-
unemployment
1 917
-
4 802
-
other
279
-
699
-
total
11 107
-
27 840
-
Corporate
165 056
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.

24 758
31 650
-
-
total
24 758
31 650
-
-
Dividends
140 298
179 350
-
-
withholding
30 266
39 249
-
-
total
30 266
39 249
-
-
Income
211 000
211 000
211 000
211 000
Total tax
75 059
70 899
97 045
93 092
After tax
135 941
140 101
113 955
117 908
Living cost
25 908
25 908
25 908
25 908
Free-cash
110 033
114 193
88 047
92 000

Estimated living cost  is ₽25908 per week

₽17488
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2491
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽454
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5476
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽129752
₽133978
₽134115
₽129439
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
72 567
health
-
-
-
1 011
pensions
-
-
-
1 395
total
-
-
-
74 973
Employee
2 913
-
209 431
-
unemployment
29
-
70
-
pensions
262
-
628
-
income
563
-
72 494
-
health
146
-
349
-
total
1 000
-
73 541
-
Employer
2 913
-
209 431
-
health
277
-
663
-
pensions
320
-
767
-
unemployment
58
-
139
-
total
655
-
1 569
-
Corporate
207 432
211 000
-
-
income
45 635
46 420
-
-
total
45 635
46 420
-
-
Dividends
161 797
164 580
-
-
withholding
32 359
32 916
-
-
total
32 359
32 916
-
-
Income
211 000
211 000
211 000
211 000
Total tax
79 649
79 336
75 110
74 973
After tax
131 351
131 664
135 890
136 027
Living cost
1 912
1 912
1 912
1 912
Free-cash
129 439
129 752
133 978
134 115

Estimated living cost  is ₽1912 per week

₽1136
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽155
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽44
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽577
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽136148
₽119561
₽119560
₽131512
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
48 813
unemployment
-
-
-
1 045
health
-
-
-
7 174
pensions
-
-
-
18 109
total
-
-
-
75 141
Employee

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

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

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

24 577
-
198 533
-
unemployment
184
-
522
-
pensions
3 441
-
9 751
-
income
3 388
-
48 813
-
health
1 266
-
3 587
-
total
8 279
-
62 673
-
Employer

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

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

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

24 577
-
198 533
-
health
1 266
-
3 587
-
pensions
2 949
-
8 358
-
unemployment
184
-
522
-
total
4 399
-
12 467
-
Corporate
182 023
211 000
-
-
income
27 303
31 650
-
-
total
27 303
31 650
-
-
Dividends
154 720
179 350
-
-
withholding
23 208
26 903
-
-
total
23 208
26 903
-
-
Income
211 000
211 000
211 000
211 000
Total tax
63 189
58 553
75 140
75 141
After tax
147 811
152 447
135 860
135 859
Living cost
16 299
16 299
16 299
16 299
Free-cash
131 512
136 148
119 561
119 560

Estimated living cost  is ₽16299 per week

₽10974
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1261
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.
₽3592
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94618
₽68269
₽84710
₽94277
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
27 567
surtax
-
-
-
-
social contributions

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

-
-
-
73 323
total
-
-
-
100 890
Employee
36 568
-
170 505
-
surtax
-
-
218
-
social contributions
4 023
-
18 755
-
income
7 145
-
57 863
-
total
11 168
-
76 836
-
Employer
36 568
-
170 505
-
social contributions
8 684
-
40 495
-
total
8 684
-
40 495
-
Corporate
165 748
211 000
-
-
income
34 808
44 310
-
-
surtax
-
-
-
-
total
34 808
44 310
-
-
Dividends
130 941
166 690
-
-
withholding
36 663
46 672
-
-
total
36 663
46 672
-
-
Income
211 000
211 000
211 000
211 000
Total tax
91 323
90 982
117 331
100 890
After tax
119 677
120 018
93 669
110 110
Living cost
25 400
25 400
25 400
25 400
Free-cash
94 277
94 618
68 269
84 710

Estimated living cost  is ₽25400 per week

₽17990
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1765
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5196
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽106989
₽80843
₽84796
₽100826
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
787
income
-
-
-
66 893
other
-
-
-
88
unemployment
-
-
-
611
pensions
-
-
-
24 713
total
-
-
-
93 092
Employee
45 502
-
183 160
-
other
45
-
88
-
unemployment
704
-
1 353
-
pensions
2 138
-
4 105
-
income
9 504
-
63 659
-
total
12 391
-
69 205
-
Employer
45 502
-
183 160
-
pensions
10 738
-
20 610
-
accident
901
-
1 729
-
unemployment
2 503
-
4 802
-
other
365
-
699
-
total
14 507
-
27 840
-
Corporate
150 990
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.

22 648
31 650
-
-
total
22 648
31 650
-
-
Dividends
128 343
179 350
-
-
withholding
27 516
39 249
-
-
total
27 516
39 249
-
-
Income
211 000
211 000
211 000
211 000
Total tax
77 062
70 899
97 045
93 092
After tax
133 938
140 101
113 955
117 908
Living cost
33 112
33 112
33 112
33 112
Free-cash
100 826
106 989
80 843
84 796

Estimated living cost  is ₽33112 per week

₽23780
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2575
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽467
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6292
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽164204
₽163128
₽154365
₽158464
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
31 650
unemployment
-
-
-
132
health
-
-
-
3 783
pensions

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

-
-
-
4 869
total
-
-
-
40 434
Employee
21 452
-
204 546
-
accident

We are using the highest rate at 1.1%.

236
-
362
-
pensions

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

1 883
-
2 888
-
income
2 146
-
20 454
-
health
987
-
1 513
-
total
5 252
-
25 217
-
Employer
21 452
-
204 546
-
health
1 480
-
2 270
-
pensions

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

2 364
-
3 625
-
accident

We are using the highest rate at 1.1%.

236
-
362
-
unemployment
129
-
197
-
total
4 209
-
6 454
-
Corporate
185 339
211 000
-
-
income
18 534
21 100
-
-
total
18 534
21 100
-
-
Dividends
166 805
189 900
-
-
withholding
8 340
9 495
-
-
total
8 340
9 495
-
-
Income
211 000
211 000
211 000
211 000
Total tax
36 335
30 595
31 671
40 434
After tax
174 665
180 405
179 329
170 566
Living cost
16 201
16 201
16 201
16 201
Free-cash
158 464
164 204
163 128
154 365

Estimated living cost  is ₽16201 per week

₽10715
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽927
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽387
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4172
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72142
₽94109
₽70117
₽84469
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
70 218
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.

-
-
-
3 862
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.

-
-
-
6 437
trade
-
-
-
23 992
total
-
-
-
104 509
Employee

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

46 879
-
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.

213
-
3 862
-
income

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

3 855
-
70 218
-
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.

6 437
-
6 437
-
total
10 505
-
80 517
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
164 121
211 000
-
-
income
24 618
31 650
-
-
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.

1 353
1 741
-
-
chamber of commerce
384
452
-
-
trade
23 551
30 279
-
-
total
49 906
64 122
-
-
Dividends
114 215
146 878
-
-
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.

1 550
2 001
-
-
withholding
28 196
36 361
-
-
total
29 746
38 362
-
-
Income
211 000
211 000
211 000
211 000
Total tax
90 157
102 484
80 517
104 509
After tax
120 843
108 516
130 483
106 491
Living cost
36 374
36 374
36 374
36 374
Free-cash
84 469
72 142
94 109
70 117

Estimated living cost  is ₽36374 per week

₽25092
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3914
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6841
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94030
₽52256
₽52256
₽96110
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
68 827
social contributions
-
-
-
36 247
total
-
-
-
105 074
Employee
73 698
-
211 000
-
income
13 907
-
68 827
-
social contributions
6 123
-
36 247
-
total
20 030
-
105 074
-
Employer
73 698
-
211 000
-
total
-
-
-
-
Corporate
137 302
211 000
-
-
income
17 162
26 376
-
-
total
17 162
26 376
-
-
Dividends
120 139
184 624
-
-
withholding
24 028
36 924
-
-
total
24 028
36 924
-
-
Income
211 000
211 000
211 000
211 000
Total tax
61 220
63 300
105 074
105 074
After tax
149 780
147 700
105 926
105 926
Living cost
53 670
53 670
53 670
53 670
Free-cash
96 110
94 030
52 256
52 256

Estimated living cost  is ₽53670 per week

₽40831
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4373
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7953
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97970
₽113075
₽139428
₽101264
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
31 650
health

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

-
-
-
5 721
total
-
-
-
37 371
Employee
43 221
-
206 666
-
income
4 690
-
55 056
-
social contributions
4 330
-
4 334
-
total
9 020
-
59 390
-
Employer
43 221
-
206 666
-
social contributions
4 330
-
4 334
-
total
4 330
-
4 334
-
Corporate
163 449
211 000
-
-
income
57 207
73 851
-
-
total
57 207
73 851
-
-
Dividends
106 242
137 149
-
-
social contributions
4 978
4 978
-
-
total
4 978
4 978
-
-
Income
211 000
211 000
211 000
211 000
Total tax
75 535
78 829
63 724
37 371
After tax
135 465
132 171
147 276
173 629
Living cost
34 201
34 201
34 201
34 201
Free-cash
101 264
97 970
113 075
139 428

Estimated living cost  is ₽34201 per week

₽22528
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2696
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8452
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98255
₽82677
₽101525
₽103839
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
65 078
pensions
-
-
-
9 381
total
-
-
-
74 459
Employee
48 064
-
183 905
-
pensions
3 668
-
11 209
-
income
8 753
-
52 511
-
health
627
-
2 492
-
total
13 048
-
66 212
-
Employer
48 064
-
183 905
-
health
913
-
3 494
-
pensions
4 856
-
23 601
-
total
5 769
-
27 095
-
Corporate
157 166
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.

29 861
40 090
-
-
total
29 861
40 090
-
-
Dividends
127 306
170 910
-
-
withholding
23 467
37 639
-
-
total
23 467
37 639
-
-
Income
211 000
211 000
211 000
211 000
Total tax
72 145
77 729
93 307
74 459
After tax
138 855
133 271
117 693
136 541
Living cost
35 016
35 016
35 016
35 016
Free-cash
103 839
98 255
82 677
101 525

Estimated living cost  is ₽35016 per week

₽24021
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3220
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽438
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7335
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽5695
₽93320
₽121301
₽13597
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
242
income
-
-
-
60 251
other
-
-
-
354
health
-
-
-
2 086
pensions
-
-
-
3 980
total
-
-
-
66 913
Employee
35 844
-
192 529
-
pensions
4 036
-
7 298
-
income
4 917
-
47 082
-
health
4 104
-
22 044
-
total
13 057
-
76 424
-
Employer
35 844
-
192 529
-
pensions
5 828
-
10 538
-
accident
599
-
3 215
-
unemployment
878
-
4 717
-
total
7 305
-
18 470
-
Corporate
167 852
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.

151 066
189 900
-
-
total
151 066
189 900
-
-
Dividends
16 785
21 100
-
-
withholding
3 189
4 009
-
-
total
3 189
4 009
-
-
Income
211 000
211 000
211 000
211 000
Total tax
174 617
193 909
94 894
66 913
After tax
36 383
17 091
116 106
144 087
Living cost
22 786
22 786
22 786
22 786
Free-cash
13 597
-5 695
93 320
121 301

Estimated living cost  is ₽22786 per week

₽16723
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1328
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.
₽4277
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽148685
₽142077
₽121353
₽145834
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
35 469
unemployment
-
-
-
1 809
work injury
-
-
-
754
health insurance
-
-
-
11 153
pensions
-
-
-
27 732
total
-
-
-
76 917
Employee

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

20 368
-
211 000
-
health insurance
1 507
-
5 577
-
unemployment
244
-
904
-
work injury
102
-
377
-
pensions
3 748
-
13 866
-
income
2 037
-
35 469
-
total
7 638
-
56 193
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
190 632
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%.

19 063
21 100
-
-
total
19 063
21 100
-
-
Dividends
171 569
189 900
-
-
withholding
25 735
28 485
-
-
total
25 735
28 485
-
-
Income
211 000
211 000
211 000
211 000
Total tax
52 436
49 585
56 193
76 917
After tax
158 564
161 415
154 807
134 083
Living cost
12 730
12 730
12 730
12 730
Free-cash
145 834
148 685
142 077
121 353

Estimated living cost  is ₽12730 per week

₽7886
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽925
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽397
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3521
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73606
₽53713
₽61453
₽69318
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
47 155
regional
-
-
-
5 141
municipal
-
-
-
1 475
national
-
-
-
58 242
total
-
-
-
112 013
Employee
79 393
-
211 000
-
municipal
474
-
1 343
-
national
13 417
-
51 936
-
regional
1 199
-
4 653
-
social contributions
26 771
-
61 821
-
total
41 861
-
119 753
-
Employer
79 393
-
211 000
-
total
-
-
-
-
Corporate
131 607
211 000
-
-
municipal
6 344
10 170
-
-
nationa
31 586
50 640
-
-
total
37 930
60 810
-
-
Dividends
93 678
150 191
-
-
withholding
24 357
39 050
-
-
total
24 357
39 050
-
-
Income
211 000
211 000
211 000
211 000
Total tax
104 148
99 860
119 753
112 013
After tax
106 852
111 140
91 247
98 987
Living cost
37 534
37 534
37 534
37 534
Free-cash
69 318
73 606
53 713
61 453

Estimated living cost  is ₽37534 per week

₽26365
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2582
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽567
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8019
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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