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
₽ 213000
per

Your estimated
City
free-cash

Dresden , Germany
₽102882
₽78493
₽76312
₽89032
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
213 000
health

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

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

-
-
-
6 510
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.

-
-
-
70 848
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.

-
-
-
3 897
trade
-
-
-
26 570
total
-
-
-
107 825
Employee

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

36 447
-
213 000
-
surtax

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

56
-
3 897
-
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.

1 018
-
70 848
-
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.

6 510
-
6 510
-
total
7 584
-
81 255
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
176 553
213 000
-
-
chamber of commerce
398
450
-
-
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.

1 456
1 758
-
-
trade
27 807
33 547
-
-
income
26 483
31 950
-
-
total
56 144
67 705
-
-
Dividends
120 409
145 295
-
-
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.

1 637
1 978
-
-
withholding
29 740
35 961
-
-
total
31 377
37 939
-
-
Income
213 000
213 000
213 000
213 000
Total tax
95 105
105 644
81 255
107 825
After tax
117 895
107 356
131 745
105 175
Living cost
28 863
28 863
28 863
28 863
Free-cash
89 032
78 493
102 882
76 312

Estimated living cost  is ₽28863 per week

₽18156
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3365
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6803
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72944
₽82643
₽71800
₽81807
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
213 000
social contributions
-
-
-
2 290
pensions
-
-
-
25 560
national
-
-
-
39 476
municipal
-
-
-
23 605
total
-
-
-
90 931
Employee
77 927
-
184 137
-
municipal
9 625
-
24 430
-
national
14 915
-
41 282
-
pensions
3 117
-
7 365
-
total
27 657
-
73 077
-
Employer
77 927
-
184 137
-
pensions
6 234
-
14 731
-
social contributions
838
-
1 979
-
total
7 072
-
16 710
-
Corporate
122 858
213 000
-
-
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%.

24 572
42 600
-
-
total
24 572
42 600
-
-
Dividends
98 287
170 400
-
-
withholding
21 623
37 488
-
-
total
21 623
37 488
-
-
Income
213 000
213 000
213 000
213 000
Total tax
80 924
80 088
89 787
90 931
After tax
132 076
132 912
123 213
122 069
Living cost
50 269
50 269
50 269
50 269
Free-cash
81 807
82 643
72 944
71 800

Estimated living cost  is ₽50269 per week

₽34167
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4673
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽752
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10676
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72710
₽150576
₽57555
₽142758
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
213 000
social contributions

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

-
-
-
36 511
income
-
-
-
44 793
surtax
-
-
-
54 316
microenterprise
-
-
-
-
total
-
-
-
135 620
Employee
27 845
-
167 245
-
surtax
-
-
24 250
-
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.

3 063
-
12 492
-
income
4 957
-
37 968
-
total
8 020
-
74 710
-
Employer
27 845
-
167 245
-
surtax
-
-
18 396
-
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.

6 707
-
27 359
-
total
6 707
-
45 755
-
Corporate
178 448
213 000
-
-
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%.

35 690
42 599
-
-
total
35 690
42 599
-
-
Dividends

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

142 758
170 401
-
-
total
-
-
-
-
Income
213 000
213 000
213 000
213 000
Total tax
50 417
42 599
120 465
135 620
After tax
162 583
170 401
92 535
77 380
Living cost
19 825
19 825
19 825
19 825
Free-cash
142 758
150 576
72 710
57 555

Estimated living cost  is ₽19825 per week

₽12648
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1888
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4839
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96308
₽66209
₽74533
₽60369
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
213 000
health
-
-
-
11 751
income
-
-
-
75 632
pensions
-
-
-
11 165
total
-
-
-
98 548
Employee
81 376
81 376
195 291
-
income

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

13 320
13 320
36 148
-
pensions
14 648
11 165
11 165
-
health
12 490
10 624
11 751
-
total
40 458
35 109
59 064
-
Employer
81 376
81 376
195 291
-
unemployment
2 930
2 930
3 640
-
health
5 657
5 657
7 029
-
pensions
5 664
5 664
7 040
-
total
14 251
14 251
17 709
-
Corporate
118 373
117 374
-
-
income
23 675
23 474
-
-
total
23 675
23 474
-
-
Dividends
94 698
93 900
-
-
income
20 123
19 953
-
-
withholding
14 205
14 085
-
-
total
34 328
34 038
-
-
Income
213 000
213 000
213 000
213 000
Total tax
112 712
106 872
76 773
98 548
After tax
100 288
106 128
136 227
114 452
Living cost
39 919
39 919
39 919
39 919
Free-cash
60 369
66 209
96 308
74 533

Estimated living cost  is ₽39919 per week

₽28290
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3599
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽635
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7396
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66699
₽77018
₽67652
₽76136
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
213 000
other
-
-
-
10 003
health
-
-
-
5 372
accident
-
-
-
172
pensions
-
-
-
9 306
national
-
-
-
25 049
unemployment
-
-
-
86
municipal
-
-
-
56 080
total
-
-
-
106 068
Employee
55 970
-
185 951
-
municipal
16 690
-
55 451
-
national
-
-
24 522
-
total
16 690
-
79 973
-
Employer
55 970
-
185 951
-
other
6 504
-
10 003
-
unemployment
1 478
-
2 273
-
health
3 442
-
5 294
-
accident
112
-
172
-
pensions
6 050
-
9 306
-
total
17 586
-
27 048
-
Corporate
139 444
213 000
-
-
income
30 678
46 860
-
-
total
30 678
46 860
-
-
Dividends
108 766
166 140
-
-
withholding
32 630
49 842
-
-
total
32 630
49 842
-
-
Income
213 000
213 000
213 000
213 000
Total tax
97 584
96 702
107 021
106 068
After tax
115 416
116 298
105 979
106 932
Living cost
39 280
39 280
39 280
39 280
Free-cash
76 136
77 018
66 699
67 652

Estimated living cost  is ₽39280 per week

₽26033
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3854
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽596
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8796
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94310
₽68825
₽66559
₽82214
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
213 000
health

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

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

-
-
-
6 510
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.

-
-
-
70 848
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.

-
-
-
3 897
trade
-
-
-
27 751
total
-
-
-
109 006
Employee

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

48 325
-
213 000
-
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.

228
-
3 897
-
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.

4 152
-
70 848
-
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.

6 510
-
6 510
-
total
10 890
-
81 255
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
164 675
213 000
-
-
chamber of commerce
380
448
-
-
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.

1 358
1 758
-
-
trade
27 089
35 039
-
-
income
24 702
31 950
-
-
total
53 529
69 195
-
-
Dividends
111 146
143 805
-
-
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.

1 508
1 957
-
-
withholding
27 424
35 588
-
-
total
28 932
37 545
-
-
Income
213 000
213 000
213 000
213 000
Total tax
93 351
106 740
81 255
109 006
After tax
119 649
106 260
131 745
103 994
Living cost
37 435
37 435
37 435
37 435
Free-cash
82 214
68 825
94 310
66 559

Estimated living cost  is ₽37435 per week

₽25037
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3948
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7892
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽110665
₽124331
₽112417
₽120377
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
213 000
social contributions
-
-
-
15 418
health
-
-
-
5 432
income
-
-
-
48 825
total
-
-
-
69 675
Employee
73 275
73 275
201 078
-
social contributions
3 561
6 081
8 203
-
income
7 695
6 783
47 883
-
health
729
1 246
3 418
-
total
11 985
14 110
59 504
-
Employer
73 275
73 275
201 078
-
health
794
1 356
3 720
-
social contributions
3 561
6 081
8 203
-
total
4 355
7 437
11 923
-
Corporate
165 754
132 287
-
-
income
20 720
16 536
-
-
total
20 720
16 536
-
-
Dividends
145 033
115 751
-
-
withholding
24 655
19 678
-
-
total
24 655
19 678
-
-
Income
213 000
213 000
213 000
213 000
Total tax
61 715
57 761
71 427
69 675
After tax
151 285
155 239
141 573
143 325
Living cost
30 908
30 908
30 908
30 908
Free-cash
120 377
124 331
110 665
112 417

Estimated living cost  is ₽30908 per week

₽21129
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.
₽519
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6846
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽105970
₽102054
₽130048
₽102418
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
213 000
health
-
-
-
14 910
income
-
-
-
26 039
pensions
-
-
-
21 300
unemployment
-
-
-
3 195
total
-
-
-
65 444
Employee

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

The minimum wage is 138,000 HUF per month.

25 274
10 059
178 243
-
income
3 090
1 230
21 790
-
pensions
2 527
1 006
17 824
-
health
1 769
704
12 477
-
unemployment
379
151
2 674
-
total
7 765
3 091
54 765
-
Employer

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

The minimum wage is 138,000 HUF per month.

25 274
10 059
178 243
-
pensions
4 928
1 961
34 757
-
total
4 928
1 961
34 757
-
Corporate
182 798
200 980
-
-
income
16 452
18 088
-
-
total
16 452
18 088
-
-
Dividends
166 346
182 892
-
-
social contributions
32 323
35 549
-
-
withholding
31 606
34 749
-
-
total
63 929
70 298
-
-
Income
213 000
213 000
213 000
213 000
Total tax
93 074
93 438
89 522
65 444
After tax
119 926
119 562
123 478
147 556
Living cost
17 508
17 508
17 508
17 508
Free-cash
102 418
102 054
105 970
130 048

Estimated living cost  is ₽17508 per week

₽11948
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1433
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽350
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3778
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99751
₽147384
₽91152
₽141463
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
213 000
health
-
-
-
27 689
income
-
-
-
28 543
pensions
-
-
-
42 599
total
-
-
-
98 831
Employee
27 033
-
159 194
-
income
3 043
-
30 693
-
pensions
541
-
3 185
-
unemployment
432
-
2 548
-
total
4 016
-
36 426
-
Employer
27 033
-
159 194
-
unemployment
217
-
1 273
-
health
3 514
-
20 695
-
pensions
5 407
-
31 838
-
total
9 138
-
53 806
-
Corporate
176 829
213 000
-
-
income
35 366
42 599
-
-
total
35 366
42 599
-
-
Dividends
141 464
170 401
-
-
total
-
-
-
-
Income
213 000
213 000
213 000
213 000
Total tax
48 520
42 599
90 232
98 831
After tax
164 480
170 401
122 768
114 169
Living cost
23 017
23 017
23 017
23 017
Free-cash
141 463
147 384
99 751
91 152

Estimated living cost  is ₽23017 per week

₽15787
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1371
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5396
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96214
-₽3794
₽124400
₽14024
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
213 000
other
-
-
-
355
health
-
-
-
2 086
accident
-
-
-
242
income
-
-
-
60 889
pensions
-
-
-
3 981
total
-
-
-
67 553
Employee
33 108
-
194 448
-
income
4 542
-
47 625
-
pensions
3 728
-
7 299
-
health
3 791
-
22 264
-
total
12 061
-
77 188
-
Employer
33 108
-
194 448
-
unemployment
811
-
4 764
-
accident
553
-
3 247
-
pensions
5 384
-
10 540
-
total
6 748
-
18 551
-
Corporate
173 144
213 000
-
-
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.

155 830
191 700
-
-
total
155 830
191 700
-
-
Dividends
17 314
21 300
-
-
withholding
3 290
4 047
-
-
total
3 290
4 047
-
-
Income
213 000
213 000
213 000
213 000
Total tax
177 929
195 747
95 739
67 553
After tax
35 071
17 253
117 261
145 447
Living cost
21 047
21 047
21 047
21 047
Free-cash
14 024
-3 794
96 214
124 400

Estimated living cost  is ₽21047 per week

₽15426
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
₽162434
₽194384
₽202904
₽192891
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
213 000
microenterprise

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

-
-
-
2 130
total
-
-
-
2 130
Employee
9 957
-
213 000
-
income
1 991
-
42 600
-
total
1 991
-
42 600
-
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%.

203 043
213 000
-
-
total
-
-
-
-
Dividends
203 043
213 000
-
-
withholding
10 152
10 650
-
-
total
10 152
10 650
-
-
Income
213 000
213 000
213 000
213 000
Total tax
12 143
10 650
42 600
2 130
After tax
200 857
202 350
170 400
210 870
Living cost
7 966
7 966
7 966
7 966
Free-cash
192 891
194 384
162 434
202 904

Estimated living cost  is ₽7966 per week

₽4937
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽662
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽219
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2148
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Source of data for Batumi model

Close
Bratislava , Slovakia
₽100600
₽131098
₽102362
₽124661
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
213 000
other
-
-
-
6 883
health
-
-
-
6 376
income
-
-
-
37 209
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.

-
-
-
34 778
total
-
-
-
85 246
Employee
34 600
-
176 233
-
income
5 957
-
36 621
-
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.

2 421
-
10 143
-
health
485
-
2 029
-
unemployment
345
-
1 448
-
total
9 208
-
50 241
-
Employer
34 600
-
176 233
-
other
1 731
-
7 244
-
unemployment
345
-
1 448
-
health
485
-
2 029
-
accident
277
-
1 411
-
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.

5 883
-
24 635
-
total
8 721
-
36 767
-
Corporate
169 680
213 000
-
-
income
35 634
44 730
-
-
total
35 634
44 730
-
-
Dividends
134 047
168 270
-
-
withholding
9 384
11 780
-
-
total
9 384
11 780
-
-
Income
213 000
213 000
213 000
213 000
Total tax
62 947
56 510
87 008
85 246
After tax
150 053
156 490
125 992
127 754
Living cost
25 392
25 392
25 392
25 392
Free-cash
124 661
131 098
100 600
102 362

Estimated living cost  is ₽25392 per week

₽17941
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1714
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽409
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5327
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55528
₽71209
₽74550
₽78818
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
213 000
income
-
-
-
65 819
pensions
-
-
-
9 432
total
-
-
-
75 251
Employee
89 418
-
185 637
-
income
16 119
-
53 138
-
health
1 473
-
2 510
-
pensions
8 626
-
11 262
-
total
26 218
-
66 910
-
Employer
89 418
-
185 637
-
health
1 698
-
3 528
-
pensions
10 558
-
23 835
-
total
12 256
-
27 363
-
Corporate
111 326
213 000
-
-
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.

21 153
40 470
-
-
total
21 153
40 470
-
-
Dividends
90 173
172 530
-
-
withholding
11 356
38 122
-
-
total
11 356
38 122
-
-
Income
213 000
213 000
213 000
213 000
Total tax
70 983
78 592
94 273
75 251
After tax
142 017
134 408
118 727
137 749
Living cost
63 199
63 199
63 199
63 199
Free-cash
78 818
71 209
55 528
74 550

Estimated living cost  is ₽63199 per week

₽47357
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7426
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽514
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7904
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽168672
₽169709
₽159819
₽165314
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
213 000
health
-
-
-
3 801
income
-
-
-
31 950
pensions

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

-
-
-
4 892
unemployment
-
-
-
132
total
-
-
-
40 775
Employee
16 427
-
206 516
-
income
1 642
-
20 651
-
accident

We are using the highest rate at 1.1%.

181
-
364
-
pensions

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

1 442
-
2 902
-
health
756
-
1 520
-
total
4 021
-
25 437
-
Employer
16 427
-
206 516
-
unemployment
98
-
198
-
health
1 134
-
2 281
-
accident

We are using the highest rate at 1.1%.

181
-
364
-
pensions

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

1 810
-
3 642
-
total
3 223
-
6 485
-
Corporate
193 349
213 000
-
-
income
19 335
21 300
-
-
total
19 335
21 300
-
-
Dividends
174 015
191 700
-
-
withholding
8 701
9 585
-
-
total
8 701
9 585
-
-
Income
213 000
213 000
213 000
213 000
Total tax
35 280
30 885
31 922
40 775
After tax
177 720
182 115
181 078
172 225
Living cost
12 406
12 406
12 406
12 406
Free-cash
165 314
169 709
168 672
159 819

Estimated living cost  is ₽12406 per week

₽7243
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽886
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽329
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3949
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83386
₽53287
₽61611
₽55686
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
213 000
health
-
-
-
11 751
income
-
-
-
75 632
pensions
-
-
-
11 165
total
-
-
-
98 548
Employee
88 348
81 376
195 291
-
income

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

13 320
13 320
36 148
-
pensions
11 165
11 165
11 165
-
health
11 022
10 624
11 751
-
total
35 507
35 109
59 064
-
Employer
88 348
81 376
195 291
-
unemployment
3 181
2 930
3 640
-
health
6 139
5 657
7 029
-
pensions
6 148
5 664
7 040
-
total
15 468
14 251
17 709
-
Corporate
109 183
117 374
-
-
income
21 836
23 474
-
-
total
21 836
23 474
-
-
Dividends
87 348
93 900
-
-
income
18 561
19 953
-
-
withholding
13 101
14 085
-
-
total
31 662
34 038
-
-
Income
213 000
213 000
213 000
213 000
Total tax
104 473
106 872
76 773
98 548
After tax
108 527
106 128
136 227
114 452
Living cost
52 841
52 841
52 841
52 841
Free-cash
55 686
53 287
83 386
61 611

Estimated living cost  is ₽52841 per week

₽38979
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4720
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽606
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8537
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92747
₽123203
₽102035
₽114839
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
213 000
social contributions
-
-
-
33 740
health
-
-
-
28 755
income
-
-
-
22 576
solidarity contribution
-
-
-
2 447
total
-
-
-
87 518
Employee
34 481
-
168 911
-
social contributions
2 241
-
7 511
-
solidarity contribution
-
-
1 613
-
income
4 138
-
20 790
-
health
4 655
-
22 803
-
total
11 034
-
52 717
-
Employer
34 481
-
168 911
-
health
3 103
-
15 202
-
social contributions
8 620
-
28 887
-
total
11 723
-
44 089
-
Corporate
166 795
213 000
-
-
income
31 691
40 470
-
-
total
31 691
40 470
-
-
Dividends
135 104
172 530
-
-
withholding
20 266
25 880
-
-
total
20 266
25 880
-
-
Income
213 000
213 000
213 000
213 000
Total tax
74 714
66 350
96 806
87 518
After tax
138 286
146 650
116 194
125 482
Living cost
23 447
23 447
23 447
23 447
Free-cash
114 839
123 203
92 747
102 035

Estimated living cost  is ₽23447 per week

₽16287
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1668
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5031
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54278
₽73434
₽62355
₽68460
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
213 000
social contributions
-
-
-
47 693
national
-
-
-
58 732
regional
-
-
-
2 688
municipal
-
-
-
1 322
total
-
-
-
110 435
Employee
84 690
-
213 000
-
social contributions
28 557
-
62 527
-
municipal
448
-
1 204
-
national
14 675
-
52 352
-
regional
799
-
2 429
-
total
44 479
-
118 512
-
Employer
84 690
-
213 000
-
total
-
-
-
-
Corporate
128 310
213 000
-
-
nationa
30 794
51 120
-
-
municipal
5 004
8 308
-
-
total
35 798
59 428
-
-
Dividends
92 512
153 572
-
-
withholding
24 053
39 928
-
-
total
24 053
39 928
-
-
Income
213 000
213 000
213 000
213 000
Total tax
104 330
99 356
118 512
110 435
After tax
108 670
113 644
94 488
102 565
Living cost
40 210
40 210
40 210
40 210
Free-cash
68 460
73 434
54 278
62 355

Estimated living cost  is ₽40210 per week

₽28029
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2637
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽617
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8926
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73344
₽112949
₽79169
₽109983
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
213 000
other
-
-
-
-
health
-
-
-
9 029
income
-
-
-
66 862
pensions
-
-
-
25 436
surtax
-
-
-
11 259
unemployment
-
-
-
217
total
-
-
-
112 803
Employee
31 513
-
186 229
-
surtax
103
-
10 118
-
income
5 282
-
61 162
-
other
-
-
-
-
pensions
2 101
-
8 483
-
health
805
-
3 242
-
unemployment
2 194
-
8 852
-
total
10 485
-
91 857
-
Employer
31 513
-
186 229
-
other
-
-
-
-
unemployment
998
-
4 031
-
health
1 434
-
5 787
-
pensions
4 201
-
16 953
-
total
6 633
-
26 771
-
Corporate
174 854
213 000
-
-
income
45 462
55 381
-
-
total
45 462
55 381
-
-
Dividends
129 392
157 619
-
-
withholding
19 409
23 642
-
-
total
19 409
23 642
-
-
Income
213 000
213 000
213 000
213 000
Total tax
81 989
79 023
118 628
112 803
After tax
131 011
133 977
94 372
100 197
Living cost
21 028
21 028
21 028
21 028
Free-cash
109 983
112 949
73 344
79 169

Estimated living cost  is ₽21028 per week

₽12857
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1940
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5745
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75551
₽91232
₽94573
₽97474
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
213 000
income
-
-
-
65 819
pensions
-
-
-
9 432
total
-
-
-
75 251
Employee
59 925
-
185 637
-
income
10 793
-
53 138
-
health
870
-
2 510
-
pensions
5 086
-
11 262
-
total
16 749
-
66 910
-
Employer
59 925
-
185 637
-
health
1 138
-
3 528
-
pensions
6 487
-
23 835
-
total
7 625
-
27 363
-
Corporate
145 449
213 000
-
-
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.

27 636
40 470
-
-
total
27 636
40 470
-
-
Dividends
117 814
172 530
-
-
withholding
20 340
38 122
-
-
total
20 340
38 122
-
-
Income
213 000
213 000
213 000
213 000
Total tax
72 350
78 592
94 273
75 251
After tax
140 650
134 408
118 727
137 749
Living cost
43 176
43 176
43 176
43 176
Free-cash
97 474
91 232
75 551
94 573

Estimated living cost  is ₽43176 per week

₽32347
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3236
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽452
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7140
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽84914
₽20930
₽93148
₽53651
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
213 000
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.

-
-
-
4 260
health
-
-
-
479
pensions
-
-
-
19 595
city
-
-
-
2 245
national
-
-
-
5 135
regional
-
-
-
11 670
total
-
-
-
43 384
Employee
89 487
-
191 440
-
national
424
-
4 147
-
city
960
-
2 068
-
pensions
7 518
-
15 195
-
health
202
-
430
-
regional
2 930
-
10 323
-
unemployment
-
-
-
-
total
12 034
-
32 163
-
Employer
89 487
-
191 440
-
other

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

1 789
-
3 830
-
unemployment
-
-
-
-
health
202
-
430
-
pensions
7 518
-
15 195
-
total
9 509
-
19 455
-
Corporate
113 020
213 000
-
-
regional
23 903
45 050
-
-
national
9 606
18 106
-
-
total
33 509
63 156
-
-
Dividends
79 511
149 845
-
-
withholding
27 829
52 446
-
-
total
27 829
52 446
-
-
Income
213 000
213 000
213 000
213 000
Total tax
82 881
115 602
51 618
43 384
After tax
130 119
97 398
161 382
169 616
Living cost
76 468
76 468
76 468
76 468
Free-cash
53 651
20 930
84 914
93 148

Estimated living cost  is ₽76468 per week

₽49726
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6862
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽939
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18941
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

It is extremely rare that a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit) is given a residence permit based on self-employment.

Source of data for Zurich model

Close
Munich , Germany
₽88091
₽61509
₽59159
₽76963
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
213 000
health

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

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

-
-
-
6 510
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.

-
-
-
70 848
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.

-
-
-
3 897
trade
-
-
-
28 932
total
-
-
-
110 187
Employee

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

57 269
-
213 000
-
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.

371
-
3 897
-
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.

6 734
-
70 848
-
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.

6 510
-
6 510
-
total
13 615
-
81 255
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
155 731
213 000
-
-
chamber of commerce
363
445
-
-
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.

1 284
1 758
-
-
trade
26 708
36 529
-
-
income
23 360
31 950
-
-
total
51 715
70 682
-
-
Dividends
104 016
142 319
-
-
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.

1 411
1 937
-
-
withholding
25 642
35 218
-
-
total
27 053
37 155
-
-
Income
213 000
213 000
213 000
213 000
Total tax
92 383
107 837
81 255
110 187
After tax
120 617
105 163
131 745
102 813
Living cost
43 654
43 654
43 654
43 654
Free-cash
76 963
61 509
88 091
59 159

Estimated living cost  is ₽43654 per week

₽31883
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3492
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽568
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7713
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77919
₽74750
₽84072
₽80379
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
213 000
other
-
-
-
6 602
social contributions
-
-
-
6 069
health
-
-
-
10 416
income
-
-
-
39 561
pensions
-
-
-
33 677
surtax
-
-
-
-
total
-
-
-
96 325
Employee
40 784
-
162 529
-
surtax
-
-
-
-
social contributions
1 163
-
4 631
-
income
2 407
-
35 112
-
pensions
4 611
-
12 264
-
total
8 181
-
52 007
-
Employer
40 784
-
162 529
-
other
1 407
-
6 749
-
unemployment
1 651
-
6 582
-
health
2 855
-
16 177
-
pensions
6 700
-
20 475
-
social contributions
123
-
488
-
total
12 736
-
50 471
-
Corporate
159 480
213 000
-
-
surtax
-
-
-
-
income
44 654
59 639
-
-
total
44 654
59 639
-
-
Dividends
114 827
153 361
-
-
social contributions
19 749
26 378
-
-
surtax
-
-
-
-
withholding
14 698
19 630
-
-
total
34 447
46 008
-
-
Income
213 000
213 000
213 000
213 000
Total tax
100 018
105 647
102 478
96 325
After tax
112 982
107 353
110 522
116 675
Living cost
32 603
32 603
32 603
32 603
Free-cash
80 379
74 750
77 919
84 072

Estimated living cost  is ₽32603 per week

₽20557
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2651
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8841
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81150
₽77981
₽87303
₽83273
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
213 000
other
-
-
-
6 602
social contributions
-
-
-
6 069
health
-
-
-
10 416
income
-
-
-
39 561
pensions
-
-
-
33 677
surtax
-
-
-
-
total
-
-
-
96 325
Employee
36 405
-
162 529
-
surtax
-
-
-
-
social contributions
1 038
-
4 631
-
income
1 877
-
35 112
-
pensions
4 118
-
12 264
-
total
7 033
-
52 007
-
Employer
36 405
-
162 529
-
other
1 257
-
6 749
-
unemployment
1 474
-
6 582
-
health
2 548
-
16 177
-
pensions
5 982
-
20 475
-
social contributions
109
-
488
-
total
11 370
-
50 471
-
Corporate
165 226
213 000
-
-
surtax
-
-
-
-
income
46 263
59 639
-
-
total
46 263
59 639
-
-
Dividends
118 963
153 361
-
-
social contributions
20 461
26 378
-
-
surtax
-
-
-
-
withholding
15 228
19 630
-
-
total
35 689
46 008
-
-
Income
213 000
213 000
213 000
213 000
Total tax
100 355
105 647
102 478
96 325
After tax
112 645
107 353
110 522
116 675
Living cost
29 372
29 372
29 372
29 372
Free-cash
83 273
77 981
81 150
87 303

Estimated living cost  is ₽29372 per week

₽17035
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2984
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽557
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8798
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽110861
₽109744
₽116581
₽110236
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
213 000
social contributions
-
-
-
29 395
health
-
-
-
14 868
income
-
-
-
31 950
total
-
-
-
76 213
Employee
32 310
-
213 000
-
social contributions
4 459
-
29 395
-
income
5 389
-
37 670
-
health
2 255
-
14 868
-
total
12 103
-
81 933
-
Employer
32 310
-
213 000
-
total
-
-
-
-
Corporate
180 690
213 000
-
-
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%.

9 035
10 649
-
-
total
9 035
10 649
-
-
Dividends
171 656
202 351
-
-
social contributions
23 689
27 925
-
-
withholding
25 749
30 353
-
-
health
11 982
14 123
-
-
total
61 420
72 401
-
-
Income
213 000
213 000
213 000
213 000
Total tax
82 558
83 050
81 933
76 213
After tax
130 442
129 950
131 067
136 787
Living cost
20 206
20 206
20 206
20 206
Free-cash
110 236
109 744
110 861
116 581

Estimated living cost  is ₽20206 per week

₽13523
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1246
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4971
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22281
₽83845
₽75563
₽82370
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
213 000
health
-
-
-
8 516
income
-
-
-
67 864
chamber of commerce
-
-
-
852
pensions
-
-
-
20 595
surtax
-
-
-
188
unemployment
-
-
-
5 845
total
-
-
-
103 860
Employee
47 623
37 975
176 048
-
income
5 421
2 801
56 923
-
other
476
380
1 114
-
pensions
4 877
3 888
11 400
-
health
1 843
1 470
4 307
-
unemployment
1 429
1 139
3 340
-
total
14 046
9 678
77 084
-
Employer
47 623
37 975
176 048
-
other
2 262
1 803
7 812
-
unemployment
1 429
1 139
3 340
-
health
1 799
1 436
4 208
-
surtax
188
188
188
-
accident
618
494
1 447
-
pensions
5 977
4 767
13 971
-
payroll
1 429
1 139
5 282
-
chamber of commerce
190
152
703
-
total
13 892
11 118
36 951
-
Corporate
151 485
163 907
172 431
-
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.

37 870
40 977
43 107
-
total
37 870
40 977
43 107
-
Dividends
113 615
122 930
-
-
withholding
31 245
33 805
-
-
total
31 245
33 805
-
-
Income
213 000
213 000
213 000
213 000
Total tax
97 053
95 578
157 142
103 860
After tax
115 947
117 422
55 858
109 140
Living cost
33 577
33 577
33 577
33 577
Free-cash
82 370
83 845
22 281
75 563

Estimated living cost  is ₽33577 per week

₽22395
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2864
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.
₽7767
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37725
₽82219
₽57889
₽69995
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
213 000
social contributions
-
-
-
23 758
communal

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

-
-
-
11 355
national
-
-
-
85 253
total
-
-
-
120 366
Employee

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

68 163
-
164 974
-
national
20 956
-
62 336
-
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.

5 112
-
12 373
-
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.

3 203
-
7 754
-
communal

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

3 555
-
8 604
-
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.

593
-
1 436
-
total
33 419
-
92 503
-
Employer

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

68 163
-
164 974
-
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.

995
-
2 409
-
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.

4 192
-
10 147
-
surtax
7 729
-
18 709
-
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.

886
-
2 145
-
pensions

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

6 040
-
14 617
-
total
19 842
-
48 027
-
Corporate
124 996
213 000
-
-
surtax
499
910
-
-
income
24 999
45 494
-
-
total
25 498
46 404
-
-
Dividends
99 498
166 596
-
-
withholding

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

29 501
49 632
-
-
total
29 501
49 632
-
-
Income
213 000
213 000
213 000
213 000
Total tax
108 260
96 036
140 530
120 366
After tax
104 740
116 964
72 470
92 634
Living cost
34 745
34 745
34 745
34 745
Free-cash
69 995
82 219
37 725
57 889

Estimated living cost  is ₽34745 per week

₽22380
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3038
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽544
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8783
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80617
₽107020
₽84616
₽100492
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
213 000
other
-
-
-
89
accident
-
-
-
796
income
-
-
-
67 472
pensions
-
-
-
24 995
unemployment
-
-
-
618
total
-
-
-
93 970
Employee
47 434
-
184 842
-
income
10 008
-
64 201
-
other
47
-
89
-
pensions
2 230
-
4 152
-
unemployment
736
-
1 369
-
total
13 021
-
69 811
-
Employer
47 434
-
184 842
-
other
378
-
707
-
unemployment
2 609
-
4 857
-
accident
939
-
1 749
-
pensions
11 194
-
20 845
-
total
15 120
-
28 158
-
Corporate
150 446
213 000
-
-
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.

22 566
31 950
-
-
total
22 566
31 950
-
-
Dividends
127 880
181 050
-
-
withholding
27 387
39 616
-
-
total
27 387
39 616
-
-
Income
213 000
213 000
213 000
213 000
Total tax
78 094
71 566
97 969
93 970
After tax
134 906
141 434
115 031
119 030
Living cost
34 414
34 414
34 414
34 414
Free-cash
100 492
107 020
80 617
84 616

Estimated living cost  is ₽34414 per week

₽25342
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2441
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6134
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56959
₽68948
₽48468
₽55854
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
213 000
health
-
-
-
14 966
accident
-
-
-
1 796
income
-
-
-
40 038
pensions
-
-
-
31 926
communal
-
-
-
13 461
surtax
-
-
-
10 559
total
-
-
-
112 746
Employee
72 164
-
190 264
-
surtax
4 423
-
11 660
-
income
6 970
-
46 170
-
pensions
5 772
-
15 221
-
health
3 212
-
8 467
-
total
20 377
-
81 518
-
Employer
72 164
-
190 264
-
health
2 201
-
5 803
-
accident
649
-
1 713
-
pensions
5 772
-
15 221
-
total
8 622
-
22 737
-
Corporate
132 214
213 000
-
-
surtax
1 389
2 237
-
-
income
19 832
31 950
-
-
communal
8 924
14 378
-
-
total
30 145
48 565
-
-
Dividends
102 069
164 435
-
-
income
30 907
19 035
-
-
withholding
15 309
24 666
-
-
total
46 216
43 701
-
-
Income
213 000
213 000
213 000
213 000
Total tax
105 360
92 266
104 255
112 746
After tax
107 640
120 734
108 745
100 254
Living cost
51 786
51 786
51 786
51 786
Free-cash
55 854
68 948
56 959
48 468

Estimated living cost  is ₽51786 per week

₽38847
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3137
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9252
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72968
₽112573
₽78793
₽109543
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
213 000
other
-
-
-
-
health
-
-
-
9 029
income
-
-
-
66 862
pensions
-
-
-
25 436
surtax
-
-
-
11 259
unemployment
-
-
-
217
total
-
-
-
112 803
Employee
32 091
-
186 229
-
surtax
114
-
10 118
-
income
5 380
-
61 162
-
other
-
-
-
-
pensions
2 141
-
8 483
-
health
819
-
3 242
-
unemployment
2 233
-
8 852
-
total
10 687
-
91 857
-
Employer
32 091
-
186 229
-
other
-
-
-
-
unemployment
1 018
-
4 031
-
health
1 459
-
5 787
-
pensions
4 279
-
16 953
-
total
6 756
-
26 771
-
Corporate
174 153
213 000
-
-
income
45 279
55 381
-
-
total
45 279
55 381
-
-
Dividends
128 874
157 619
-
-
withholding
19 331
23 642
-
-
total
19 331
23 642
-
-
Income
213 000
213 000
213 000
213 000
Total tax
82 053
79 023
118 628
112 803
After tax
130 947
133 977
94 372
100 197
Living cost
21 404
21 404
21 404
21 404
Free-cash
109 543
112 573
72 968
78 793

Estimated living cost  is ₽21404 per week

₽12922
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1861
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽497
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6125
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68192
₽86287
₽76228
₽84173
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
213 000
social contributions
-
-
-
47 693
national
-
-
-
58 732
regional
-
-
-
3 355
municipal
-
-
-
1 322
total
-
-
-
111 102
Employee
52 860
-
213 000
-
social contributions
17 825
-
62 527
-
municipal
280
-
1 204
-
national
8 374
-
52 352
-
regional
712
-
3 055
-
total
27 191
-
119 138
-
Employer
52 860
-
213 000
-
total
-
-
-
-
Corporate
160 140
213 000
-
-
nationa
38 433
51 120
-
-
municipal
7 959
10 586
-
-
total
46 392
61 706
-
-
Dividends
113 749
151 294
-
-
withholding
29 574
39 337
-
-
total
29 574
39 337
-
-
Income
213 000
213 000
213 000
213 000
Total tax
103 157
101 043
119 138
111 102
After tax
109 843
111 957
93 862
101 898
Living cost
25 670
25 670
25 670
25 670
Free-cash
84 173
86 287
68 192
76 228

Estimated living cost  is ₽25670 per week

₽15964
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2600
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.
₽6666
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87301
₽117757
₽96589
₽107449
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
213 000
social contributions
-
-
-
33 740
health
-
-
-
28 755
income
-
-
-
22 576
solidarity contribution
-
-
-
2 447
total
-
-
-
87 518
Employee
42 490
-
168 911
-
social contributions
2 762
-
7 511
-
solidarity contribution
-
-
1 613
-
income
5 099
-
20 790
-
health
5 736
-
22 803
-
total
13 597
-
52 717
-
Employer
42 490
-
168 911
-
health
3 824
-
15 202
-
social contributions
10 623
-
28 887
-
total
14 447
-
44 089
-
Corporate
156 063
213 000
-
-
income
29 652
40 470
-
-
total
29 652
40 470
-
-
Dividends
126 411
172 530
-
-
withholding
18 962
25 880
-
-
total
18 962
25 880
-
-
Income
213 000
213 000
213 000
213 000
Total tax
76 658
66 350
96 806
87 518
After tax
136 342
146 650
116 194
125 482
Living cost
28 893
28 893
28 893
28 893
Free-cash
107 449
117 757
87 301
96 589

Estimated living cost  is ₽28893 per week

₽21487
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1601
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5306
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25504
₽87121
₽78926
₽86649
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
213 000
health
-
-
-
8 516
income
-
-
-
67 864
chamber of commerce
-
-
-
852
pensions
-
-
-
20 595
surtax
-
-
-
-
unemployment
-
-
-
5 845
total
-
-
-
103 672
Employee
41 655
37 975
176 224
-
income
3 711
2 801
57 006
-
other
416
380
1 114
-
pensions
4 266
3 888
11 400
-
health
1 611
1 470
4 307
-
unemployment
1 250
1 139
3 340
-
total
11 254
9 678
77 167
-
Employer
41 655
37 975
176 224
-
other
1 978
1 803
7 819
-
unemployment
1 250
1 139
3 340
-
health
1 575
1 436
4 208
-
surtax
-
-
-
-
accident
541
494
1 447
-
pensions
5 228
4 767
13 971
-
payroll
1 250
1 139
5 286
-
chamber of commerce
166
152
705
-
total
11 988
10 930
36 776
-
Corporate
159 357
164 095
172 607
-
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.

39 840
41 024
43 151
-
total
39 840
41 024
43 151
-
Dividends
119 518
123 071
-
-
withholding
32 867
33 845
-
-
total
32 867
33 845
-
-
Income
213 000
213 000
213 000
213 000
Total tax
95 949
95 477
157 094
103 672
After tax
117 051
117 523
55 906
109 328
Living cost
30 402
30 402
30 402
30 402
Free-cash
86 649
87 121
25 504
78 926

Estimated living cost  is ₽30402 per week

₽18237
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3105
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽543
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8517
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽157986
₽189936
₽198456
₽187608
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
213 000
microenterprise

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

-
-
-
2 130
total
-
-
-
2 130
Employee
15 517
-
213 000
-
income
3 104
-
42 600
-
total
3 104
-
42 600
-
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%.

197 483
213 000
-
-
total
-
-
-
-
Dividends
197 483
213 000
-
-
withholding
9 874
10 650
-
-
total
9 874
10 650
-
-
Income
213 000
213 000
213 000
213 000
Total tax
12 978
10 650
42 600
2 130
After tax
200 022
202 350
170 400
210 870
Living cost
12 414
12 414
12 414
12 414
Free-cash
187 608
189 936
157 986
198 456

Estimated living cost  is ₽12414 per week

₽8400
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽521
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽416
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3075
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Source of data for Tbilisi model

Close
Ljubljana , Slovenia
₽68849
₽121090
₽73473
₽113118
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
213 000
health
-
-
-
20 961
income
-
-
-
53 787
pensions
-
-
-
38 899
unemployment
-
-
-
320
total
-
-
-
113 967
Employee

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

42 138
-
184 303
-
income
7 267
-
49 163
-
pensions
6 532
-
28 567
-
health
2 722
-
11 906
-
unemployment
60
-
259
-
total
16 581
-
89 895
-
Employer

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

42 138
-
184 303
-
unemployment
25
-
110
-
health
2 807
-
12 275
-
pensions
3 729
-
16 311
-
total
6 561
-
28 696
-
Corporate
164 301
213 000
-
-
income
31 218
40 471
-
-
total
31 218
40 471
-
-
Dividends
133 083
172 529
-
-
withholding
19 962
25 879
-
-
total
19 962
25 879
-
-
Income
213 000
213 000
213 000
213 000
Total tax
74 322
66 350
118 591
113 967
After tax
138 678
146 650
94 409
99 033
Living cost
25 560
25 560
25 560
25 560
Free-cash
113 118
121 090
68 849
73 473

Estimated living cost  is ₽25560 per week

₽17541
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1638
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5886
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽156559
₽86336
₽103947
₽38655
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
213 000
social contributions
-
-
-
24 282
income
-
-
-
41 518
total
-
-
-
65 800
Employee
62 019
-
-
-
social contributions
5 086
-
725
-
income
13 680
-
-
-
total
18 766
-
725
-
Employer
62 019
-
-
-
social contributions
87 447
-
12 463
-
total
87 447
-
12 463
-
Corporate
63 534
213 000
-
-
income
13 977
46 860
-
-
total
13 977
46 860
-
-
Dividends
49 556
166 140
-
-
income
10 902
36 551
-
-
total
10 902
36 551
-
-
Income
213 000
213 000
213 000
213 000
Total tax
131 092
83 411
13 188
65 800
After tax
81 908
129 589
199 812
147 200
Living cost
43 253
43 253
43 253
43 253
Free-cash
38 655
86 336
156 559
103 947

Estimated living cost  is ₽43253 per week

₽28064
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4068
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.
₽10570
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64703
₽91263
₽81284
₽90305
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
213 000
social contributions

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

-
-
-
74 018
income
-
-
-
27 808
surtax
-
-
-
-
total
-
-
-
101 826
Employee
43 827
-
172 120
-
surtax
-
-
213
-
social contributions
4 821
-
18 933
-
income
9 116
-
58 383
-
total
13 937
-
77 529
-
Employer
43 827
-
172 120
-
social contributions
10 409
-
40 878
-
total
10 409
-
40 878
-
Corporate
158 764
213 000
-
-
surtax
-
-
-
-
income
33 341
44 730
-
-
total
33 341
44 730
-
-
Dividends
125 424
168 270
-
-
withholding
35 118
47 117
-
-
total
35 118
47 117
-
-
Income
213 000
213 000
213 000
213 000
Total tax
92 805
91 847
118 407
101 826
After tax
120 195
121 153
94 593
111 174
Living cost
29 890
29 890
29 890
29 890
Free-cash
90 305
91 263
64 703
81 284

Estimated living cost  is ₽29890 per week

₽22364
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1763
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽499
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5264
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64497
₽61328
₽70650
₽67874
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
213 000
other
-
-
-
6 602
social contributions
-
-
-
6 069
health
-
-
-
10 416
income
-
-
-
39 561
pensions
-
-
-
33 677
surtax
-
-
-
-
total
-
-
-
96 325
Employee
59 683
-
162 529
-
surtax
-
-
-
-
social contributions
1 700
-
4 631
-
income
5 208
-
35 112
-
pensions
6 751
-
12 264
-
total
13 659
-
52 007
-
Employer
59 683
-
162 529
-
other
2 060
-
6 749
-
unemployment
2 418
-
6 582
-
health
4 177
-
16 177
-
pensions
9 807
-
20 475
-
social contributions
179
-
488
-
total
18 641
-
50 471
-
Corporate
134 676
213 000
-
-
surtax
-
-
-
-
income
37 710
59 639
-
-
total
37 710
59 639
-
-
Dividends
96 967
153 361
-
-
social contributions
16 678
26 378
-
-
surtax
-
-
-
-
withholding
12 413
19 630
-
-
total
29 091
46 008
-
-
Income
213 000
213 000
213 000
213 000
Total tax
99 101
105 647
102 478
96 325
After tax
113 899
107 353
110 522
116 675
Living cost
46 025
46 025
46 025
46 025
Free-cash
67 874
61 328
64 497
70 650

Estimated living cost  is ₽46025 per week

₽31149
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3765
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽631
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10479
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽132329
₽163055
₽126669
₽159854
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
213 000
income
-
-
-
10 827
social contributions
-
-
-
46 860
total
-
-
-
57 687
Employee
30 635
-
184 415
-
income
-
-
11 456
-
social contributions
1 991
-
11 986
-
total
1 991
-
23 442
-
Employer
30 635
-
184 415
-
social contributions
4 749
-
28 585
-
total
4 749
-
28 585
-
Corporate
177 616
213 000
-
-
income
17 762
21 301
-
-
total
17 762
21 301
-
-
Dividends
159 854
191 699
-
-
total
-
-
-
-
Income
213 000
213 000
213 000
213 000
Total tax
24 502
21 301
52 027
57 687
After tax
188 498
191 699
160 973
155 313
Living cost
28 644
28 644
28 644
28 644
Free-cash
159 854
163 055
132 329
126 669

Estimated living cost  is ₽28644 per week

₽18521
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2159
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7425
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5949
₽5949
₽77221
₽3387
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
213 000
labour market
-
-
-
16 974
pensions
-
-
-
824
national
-
-
-
26 491
municipal
-
-
-
45 723
total
-
-
-
90 012
Employee
193 171
193 171
193 171
-
labour market
15 432
15 432
15 432
-
municipal
41 135
41 135
41 135
-
national
23 599
23 599
23 599
-
pensions
275
275
275
-
total
80 441
80 441
80 441
-
Employer
193 171
193 171
193 171
-
national
23 640
23 640
23 640
-
labour market
15 454
15 454
15 454
-
pensions
549
549
549
-
municipal
41 200
41 200
41 200
-
total
80 843
80 843
80 843
-
Corporate
5 950
-
-
-
income
1 309
-
-
-
total
1 309
-
-
-
Dividends
4 641
-
-
-
withholding
1 253
-
-
-
total
1 253
-
-
-
Income
213 000
213 000
213 000
213 000
Total tax
163 846
161 284
161 284
90 012
After tax
49 154
51 716
51 716
122 988
Living cost
45 767
45 767
45 767
45 767
Free-cash
3 387
5 949
5 949
77 221

Estimated living cost  is ₽45767 per week

₽31323
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4049
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽704
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9691
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96524
-₽3484
₽124710
₽14072
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
213 000
other
-
-
-
355
health
-
-
-
2 086
accident
-
-
-
242
income
-
-
-
60 889
pensions
-
-
-
3 981
total
-
-
-
67 553
Employee
32 620
-
194 448
-
income
4 475
-
47 625
-
pensions
3 673
-
7 299
-
health
3 735
-
22 264
-
total
11 883
-
77 188
-
Employer
32 620
-
194 448
-
unemployment
799
-
4 764
-
accident
545
-
3 247
-
pensions
5 304
-
10 540
-
total
6 648
-
18 551
-
Corporate
173 732
213 000
-
-
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.

156 359
191 700
-
-
total
156 359
191 700
-
-
Dividends
17 373
21 300
-
-
withholding
3 301
4 047
-
-
total
3 301
4 047
-
-
Income
213 000
213 000
213 000
213 000
Total tax
178 191
195 747
95 739
67 553
After tax
34 809
17 253
117 261
145 447
Living cost
20 737
20 737
20 737
20 737
Free-cash
14 072
-3 484
96 524
124 710

Estimated living cost  is ₽20737 per week

₽15094
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
₽69841
₽94082
₽94237
₽97026
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
213 000
health
-
-
-
2 883
national
-
-
-
41 473
municipal
-
-
-
37 822
total
-
-
-
82 178
Employee
50 135
-
179 187
-
municipal
8 212
-
29 167
-
national
828
-
26 449
-
pensions
3 383
-
12 096
-
health
374
-
2 362
-
unemployment
752
-
2 687
-
total
13 549
-
72 761
-
Employer
50 135
-
179 187
-
unemployment
326
-
1 165
-
health
385
-
1 380
-
accident
51
-
179
-
pensions
8 698
-
31 089
-
total
9 460
-
33 813
-
Corporate
153 405
213 000
-
-
income
30 680
42 599
-
-
total
30 680
42 599
-
-
Dividends

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

92 044
127 801
-
-
national
9 132
16 730
-
-
municipal
16 568
23 004
-
-
total
25 700
39 734
-
-
Income
213 000
213 000
213 000
213 000
Total tax
79 389
82 333
106 574
82 178
After tax
133 611
130 667
106 426
130 822
Living cost
36 585
36 585
36 585
36 585
Free-cash
97 026
94 082
69 841
94 237

Estimated living cost  is ₽36585 per week

₽23897
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3519
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽582
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8588
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽119510
₽133176
₽121262
₽127991
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
213 000
social contributions
-
-
-
15 418
health
-
-
-
5 432
income
-
-
-
48 825
total
-
-
-
69 675
Employee
73 275
73 275
201 078
-
social contributions
2 770
6 081
8 203
-
income
7 978
6 783
47 883
-
health
568
1 246
3 418
-
total
11 316
14 110
59 504
-
Employer
73 275
73 275
201 078
-
health
617
1 356
3 720
-
social contributions
2 770
6 081
8 203
-
total
3 387
7 437
11 923
-
Corporate
176 234
132 287
-
-
income
22 029
16 536
-
-
total
22 029
16 536
-
-
Dividends
154 204
115 751
-
-
withholding
26 214
19 678
-
-
total
26 214
19 678
-
-
Income
213 000
213 000
213 000
213 000
Total tax
62 946
57 761
71 427
69 675
After tax
150 054
155 239
141 573
143 325
Living cost
22 063
22 063
22 063
22 063
Free-cash
127 991
133 176
119 510
121 262

Estimated living cost  is ₽22063 per week

₽13223
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2165
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6188
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽147176
₽161256
₽166289
₽156408
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
213 000
health
-
-
-
3 449
income
-
-
-
22 044
pensions
-
-
-
6 062
unemployment
-
-
-
27
total
-
-
-
31 582
Employee

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

21 873
-
203 687
-
income
1 496
-
19 682
-
pensions
3 280
-
13 563
-
health
1 859
-
7 685
-
unemployment
109
-
452
-
total
6 744
-
41 382
-
Employer

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

21 873
-
203 687
-
unemployment
109
-
452
-
health
940
-
3 888
-
pensions
1 203
-
4 973
-
total
2 252
-
9 313
-
Corporate
188 876
213 000
-
-
income
16 998
19 170
-
-
total
16 998
19 170
-
-
Dividends
171 877
193 830
-
-
withholding
15 469
17 445
-
-
total
15 469
17 445
-
-
Income
213 000
213 000
213 000
213 000
Total tax
41 463
36 615
50 695
31 582
After tax
171 537
176 385
162 305
181 418
Living cost
15 130
15 130
15 130
15 130
Free-cash
156 408
161 256
147 176
166 289

Estimated living cost  is ₽15130 per week

₽9653
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1090
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3935
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88827
₽115230
₽92826
₽111020
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
213 000
other
-
-
-
89
accident
-
-
-
796
income
-
-
-
67 472
pensions
-
-
-
24 995
unemployment
-
-
-
618
total
-
-
-
93 970
Employee
35 235
-
184 842
-
income
6 793
-
64 201
-
other
34
-
89
-
pensions
1 656
-
4 152
-
unemployment
546
-
1 369
-
total
9 029
-
69 811
-
Employer
35 235
-
184 842
-
other
282
-
707
-
unemployment
1 939
-
4 857
-
accident
698
-
1 749
-
pensions
8 315
-
20 845
-
total
11 234
-
28 158
-
Corporate
166 531
213 000
-
-
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.

24 981
31 950
-
-
total
24 981
31 950
-
-
Dividends
141 551
181 050
-
-
withholding
30 532
39 616
-
-
total
30 532
39 616
-
-
Income
213 000
213 000
213 000
213 000
Total tax
75 776
71 566
97 969
93 970
After tax
137 224
141 434
115 031
119 030
Living cost
26 204
26 204
26 204
26 204
Free-cash
111 020
115 230
88 827
92 826

Estimated living cost  is ₽26204 per week

₽17687
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2519
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.
₽5539
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽135515
₽131143
₽135641
₽130852
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
213 000
health
-
-
-
936
income
-
-
-
73 363
pensions
-
-
-
1 291
total
-
-
-
75 590
Employee
2 695
-
211 548
-
income
521
-
73 295
-
pensions
243
-
581
-
health
135
-
323
-
unemployment
27
-
65
-
total
926
-
74 264
-
Employer
2 695
-
211 548
-
unemployment
54
-
129
-
health
256
-
613
-
pensions
296
-
710
-
total
606
-
1 452
-
Corporate
209 699
213 000
-
-
income
46 134
46 860
-
-
total
46 134
46 860
-
-
Dividends
163 565
166 140
-
-
withholding
32 713
33 228
-
-
total
32 713
33 228
-
-
Income
213 000
213 000
213 000
213 000
Total tax
80 379
80 088
75 716
75 590
After tax
132 621
132 912
137 284
137 410
Living cost
1 769
1 769
1 769
1 769
Free-cash
130 852
131 143
135 515
135 641

Estimated living cost  is ₽1769 per week

₽1051
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽143
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽41
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽534
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽120679
₽137433
₽120680
₽132751
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
213 000
health
-
-
-
7 244
income
-
-
-
49 275
pensions
-
-
-
18 287
unemployment
-
-
-
1 055
total
-
-
-
75 861
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.

24 818
-
200 410
-
income
3 421
-
49 275
-
pensions
3 475
-
9 847
-
health
1 278
-
3 622
-
unemployment
186
-
528
-
total
8 360
-
63 272
-
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.

24 818
-
200 410
-
unemployment
186
-
528
-
health
1 278
-
3 622
-
pensions
2 978
-
8 440
-
total
4 442
-
12 590
-
Corporate
183 739
213 000
-
-
income
27 561
31 950
-
-
total
27 561
31 950
-
-
Dividends
156 178
181 050
-
-
withholding
23 427
27 158
-
-
total
23 427
27 158
-
-
Income
213 000
213 000
213 000
213 000
Total tax
63 790
59 108
75 862
75 861
After tax
149 210
153 892
137 138
137 139
Living cost
16 459
16 459
16 459
16 459
Free-cash
132 751
137 433
120 679
120 680

Estimated living cost  is ₽16459 per week

₽11082
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1273
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽476
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3628
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68903
₽95463
₽85484
₽95121
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
213 000
social contributions

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

-
-
-
74 018
income
-
-
-
27 808
surtax
-
-
-
-
total
-
-
-
101 826
Employee
36 985
-
172 120
-
surtax
-
-
213
-
social contributions
4 069
-
18 933
-
income
7 227
-
58 383
-
total
11 296
-
77 529
-
Employer
36 985
-
172 120
-
social contributions
8 783
-
40 878
-
total
8 783
-
40 878
-
Corporate
167 232
213 000
-
-
surtax
-
-
-
-
income
35 118
44 730
-
-
total
35 118
44 730
-
-
Dividends
132 114
168 270
-
-
withholding
36 992
47 117
-
-
total
36 992
47 117
-
-
Income
213 000
213 000
213 000
213 000
Total tax
92 189
91 847
118 407
101 826
After tax
120 811
121 153
94 593
111 174
Living cost
25 690
25 690
25 690
25 690
Free-cash
95 121
95 463
68 903
85 484

Estimated living cost  is ₽25690 per week

₽18196
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1785
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5255
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81541
₽107944
₽85540
₽101709
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
213 000
other
-
-
-
89
accident
-
-
-
796
income
-
-
-
67 472
pensions
-
-
-
24 995
unemployment
-
-
-
618
total
-
-
-
93 970
Employee
46 022
-
184 842
-
income
9 612
-
64 201
-
other
45
-
89
-
pensions
2 163
-
4 152
-
unemployment
712
-
1 369
-
total
12 532
-
69 811
-
Employer
46 022
-
184 842
-
other
369
-
707
-
unemployment
2 532
-
4 857
-
accident
911
-
1 749
-
pensions
10 861
-
20 845
-
total
14 673
-
28 158
-
Corporate
152 305
213 000
-
-
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.

22 845
31 950
-
-
total
22 845
31 950
-
-
Dividends
129 460
181 050
-
-
withholding
27 751
39 616
-
-
total
27 751
39 616
-
-
Income
213 000
213 000
213 000
213 000
Total tax
77 801
71 566
97 969
93 970
After tax
135 199
141 434
115 031
119 030
Living cost
33 490
33 490
33 490
33 490
Free-cash
101 709
107 944
81 541
85 540

Estimated living cost  is ₽33490 per week

₽24051
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2604
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.
₽6364
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽164801
₽165838
₽155948
₽160071
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
213 000
health
-
-
-
3 801
income
-
-
-
31 950
pensions

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

-
-
-
4 892
unemployment
-
-
-
132
total
-
-
-
40 775
Employee
21 553
-
206 516
-
income
2 156
-
20 651
-
accident

We are using the highest rate at 1.1%.

237
-
364
-
pensions

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

1 892
-
2 902
-
health
992
-
1 520
-
total
5 277
-
25 437
-
Employer
21 553
-
206 516
-
unemployment
129
-
198
-
health
1 487
-
2 281
-
accident

We are using the highest rate at 1.1%.

237
-
364
-
pensions

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

2 375
-
3 642
-
total
4 228
-
6 485
-
Corporate
187 218
213 000
-
-
income
18 722
21 300
-
-
total
18 722
21 300
-
-
Dividends
168 496
191 700
-
-
withholding
8 425
9 585
-
-
total
8 425
9 585
-
-
Income
213 000
213 000
213 000
213 000
Total tax
36 652
30 885
31 922
40 775
After tax
176 348
182 115
181 078
172 225
Living cost
16 277
16 277
16 277
16 277
Free-cash
160 071
165 838
164 801
155 948

Estimated living cost  is ₽16277 per week

₽10765
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽932
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽388
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4192
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94955
₽72755
₽70747
₽85223
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
213 000
health

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

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

-
-
-
6 510
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.

-
-
-
70 848
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.

-
-
-
3 897
trade
-
-
-
24 208
total
-
-
-
105 463
Employee

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

47 414
-
213 000
-
surtax

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

215
-
3 897
-
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.

3 899
-
70 848
-
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.

6 510
-
6 510
-
total
10 624
-
81 255
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
165 586
213 000
-
-
chamber of commerce
387
458
-
-
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.

1 365
1 758
-
-
trade
23 762
30 565
-
-
income
24 838
31 950
-
-
total
50 352
64 731
-
-
Dividends
115 234
148 270
-
-
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.

1 564
2 018
-
-
withholding
28 447
36 706
-
-
total
30 011
38 724
-
-
Income
213 000
213 000
213 000
213 000
Total tax
90 987
103 455
81 255
105 463
After tax
122 013
109 545
131 745
107 537
Living cost
36 790
36 790
36 790
36 790
Free-cash
85 223
72 755
94 955
70 747

Estimated living cost  is ₽36790 per week

₽25378
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3958
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.
₽6919
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52686
₽94817
₽52686
₽96921
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
213 000
income
-
-
-
69 450
social contributions
-
-
-
36 581
total
-
-
-
106 031
Employee
74 540
-
213 000
-
income
14 065
-
69 450
-
social contributions
6 193
-
36 581
-
total
20 258
-
106 031
-
Employer
74 540
-
213 000
-
total
-
-
-
-
Corporate
138 460
213 000
-
-
income
17 308
26 624
-
-
total
17 308
26 624
-
-
Dividends
121 152
186 376
-
-
withholding
24 230
37 276
-
-
total
24 230
37 276
-
-
Income
213 000
213 000
213 000
213 000
Total tax
61 796
63 900
106 031
106 031
After tax
151 204
149 100
106 969
106 969
Living cost
54 283
54 283
54 283
54 283
Free-cash
96 921
94 817
52 686
52 686

Estimated living cost  is ₽54283 per week

₽41297
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4423
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽519
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8044
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽114101
₽98826
₽140555
₽102155
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
213 000
income
-
-
-
31 950
health

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

-
-
-
5 904
total
-
-
-
37 854
Employee
43 714
-
208 617
-
income
4 743
-
55 542
-
social contributions
4 380
-
4 383
-
total
9 123
-
59 925
-
Employer
43 714
-
208 617
-
social contributions
4 380
-
4 383
-
total
4 380
-
4 383
-
Corporate
164 906
213 000
-
-
income
57 717
74 549
-
-
total
57 717
74 549
-
-
Dividends
107 189
138 451
-
-
social contributions
5 034
5 034
-
-
total
5 034
5 034
-
-
Income
213 000
213 000
213 000
213 000
Total tax
76 254
79 583
64 308
37 854
After tax
136 746
133 417
148 692
175 146
Living cost
34 591
34 591
34 591
34 591
Free-cash
102 155
98 826
114 101
140 555

Estimated living cost  is ₽34591 per week

₽22785
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8548
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83626
₽99307
₽102648
₽104903
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
213 000
income
-
-
-
65 819
pensions
-
-
-
9 432
total
-
-
-
75 251
Employee
48 181
-
185 637
-
income
8 774
-
53 138
-
health
629
-
2 510
-
pensions
3 677
-
11 262
-
total
13 080
-
66 910
-
Employer
48 181
-
185 637
-
health
916
-
3 528
-
pensions
4 868
-
23 835
-
total
5 784
-
27 363
-
Corporate
159 036
213 000
-
-
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.

30 216
40 470
-
-
total
30 216
40 470
-
-
Dividends
128 819
172 530
-
-
withholding
23 916
38 122
-
-
total
23 916
38 122
-
-
Income
213 000
213 000
213 000
213 000
Total tax
72 996
78 592
94 273
75 251
After tax
140 004
134 408
118 727
137 749
Living cost
35 101
35 101
35 101
35 101
Free-cash
104 903
99 307
83 626
102 648

Estimated living cost  is ₽35101 per week

₽24079
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.
₽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.
₽7353
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

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
₽94471
-₽5537
₽122657
₽13756
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
213 000
other
-
-
-
355
health
-
-
-
2 086
accident
-
-
-
242
income
-
-
-
60 889
pensions
-
-
-
3 981
total
-
-
-
67 553
Employee
35 849
-
194 448
-
income
4 918
-
47 625
-
pensions
4 037
-
7 299
-
health
4 105
-
22 264
-
total
13 060
-
77 188
-
Employer
35 849
-
194 448
-
unemployment
878
-
4 764
-
accident
599
-
3 247
-
pensions
5 829
-
10 540
-
total
7 306
-
18 551
-
Corporate
169 845
213 000
-
-
income

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

152 861
191 700
-
-
total
152 861
191 700
-
-
Dividends
16 984
21 300
-
-
withholding
3 227
4 047
-
-
total
3 227
4 047
-
-
Income
213 000
213 000
213 000
213 000
Total tax
176 454
195 747
95 739
67 553
After tax
36 546
17 253
117 261
145 447
Living cost
22 790
22 790
22 790
22 790
Free-cash
13 756
-5 537
94 471
122 657

Estimated living cost  is ₽22790 per week

₽16725
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
₽143422
₽150093
₽122499
₽147213
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
213 000
income
-
-
-
35 805
health insurance
-
-
-
11 260
work injury
-
-
-
761
pensions
-
-
-
27 997
unemployment
-
-
-
1 826
total
-
-
-
77 649
Employee

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

20 563
-
213 000
-
income
2 056
-
35 805
-
work injury
103
-
380
-
health insurance
1 522
-
5 630
-
pensions
3 784
-
13 998
-
unemployment
247
-
913
-
total
7 712
-
56 726
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
192 437
213 000
-
-
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%.

19 244
21 300
-
-
total
19 244
21 300
-
-
Dividends
173 194
191 700
-
-
withholding
25 979
28 755
-
-
total
25 979
28 755
-
-
Income
213 000
213 000
213 000
213 000
Total tax
52 935
50 055
56 726
77 649
After tax
160 065
162 945
156 274
135 351
Living cost
12 852
12 852
12 852
12 852
Free-cash
147 213
150 093
143 422
122 499

Estimated living cost  is ₽12852 per week

₽7962
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽934
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽401
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3555
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54113
₽74232
₽61938
₽69897
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
213 000
social contributions
-
-
-
47 693
national
-
-
-
58 732
regional
-
-
-
5 187
municipal
-
-
-
1 488
total
-
-
-
113 100
Employee
80 299
-
213 000
-
social contributions
27 076
-
62 527
-
municipal
479
-
1 354
-
national
13 570
-
52 352
-
regional
1 212
-
4 692
-
total
42 337
-
120 925
-
Employer
80 299
-
213 000
-
total
-
-
-
-
Corporate
132 701
213 000
-
-
nationa
31 849
51 120
-
-
municipal
6 396
10 266
-
-
total
38 245
61 386
-
-
Dividends
94 456
151 614
-
-
withholding
24 559
39 420
-
-
total
24 559
39 420
-
-
Income
213 000
213 000
213 000
213 000
Total tax
105 141
100 806
120 925
113 100
After tax
107 859
112 194
92 075
99 900
Living cost
37 962
37 962
37 962
37 962
Free-cash
69 897
74 232
54 113
61 938

Estimated living cost  is ₽37962 per week

₽26666
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2611
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8110
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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

Close
[[ place.name ]], [[ place.country ]]

[[ row[2] ]] [[ row[0] ]]

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

[[ $tc('message.data_source', {city: place.name}) ]] [[ place.name ]]

Close

[[ row[2] ]] [[ row[0] ]]

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

[[ $tc('message.data_source', {city: place.name}) ]] [[ place.name ]]

Close