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
₽79068
₽103201
₽76490
₽89398
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
71 224
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.

-
-
-
3 917
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.

-
-
-
6 378
trade
-
-
-
26 711
total
-
-
-
108 230
Employee

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

35 710
-
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.

55
-
3 917
-
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.

998
-
71 224
-
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.

6 378
-
6 378
-
total
7 431
-
81 519
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
177 290
213 000
-
-
income
26 593
31 951
-
-
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.

1 462
1 758
-
-
chamber of commerce
397
448
-
-
trade
27 923
33 547
-
-
total
56 375
67 704
-
-
Dividends
120 915
145 297
-
-
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.

1 642
1 979
-
-
withholding
29 874
35 969
-
-
total
31 516
37 948
-
-
Income
213 000
213 000
213 000
213 000
Total tax
95 322
105 652
81 519
108 230
After tax
117 678
107 348
131 481
104 770
Living cost
28 280
28 280
28 280
28 280
Free-cash
89 398
79 068
103 201
76 490

Estimated living cost  is ₽28280 per week

₽17789
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3297
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6665
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83106
₽73258
₽72113
₽82278
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
23 617
national
-
-
-
39 614
pensions
-
-
-
25 560
total
-
-
-
91 081
Employee
77 208
-
184 137
-
municipal
9 536
-
24 441
-
pensions
3 088
-
7 365
-
national
14 778
-
41 420
-
total
27 402
-
73 226
-
Employer
77 208
-
184 137
-
pensions
6 177
-
14 731
-
social contributions
830
-
1 979
-
total
7 007
-
16 710
-
Corporate
123 689
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%.

24 738
42 600
-
-
total
24 738
42 600
-
-
Dividends
98 951
170 400
-
-
withholding
21 769
37 488
-
-
total
21 769
37 488
-
-
Income
213 000
213 000
213 000
213 000
Total tax
80 916
80 088
89 936
91 081
After tax
132 084
132 912
123 064
121 919
Living cost
49 806
49 806
49 806
49 806
Free-cash
82 278
83 106
73 258
72 113

Estimated living cost  is ₽49806 per week

₽33853
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4630
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽745
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10578
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽150975
₽73339
₽58248
₽143318
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
45 240
surtax
-
-
-
54 316
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.

-
-
-
35 772
microenterprise
-
-
-
-
total
-
-
-
135 328
Employee
27 282
-
167 743
-
surtax
-
-
24 323
-
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.

3 001
-
12 239
-
income
4 856
-
38 419
-
total
7 857
-
74 981
-
Employer
27 282
-
167 743
-
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.

6 572
-
26 805
-
surtax
-
-
18 451
-
total
6 572
-
45 256
-
Corporate
179 147
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%.

35 829
42 601
-
-
total
35 829
42 601
-
-
Dividends

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

143 318
170 399
-
-
total
-
-
-
-
Income
213 000
213 000
213 000
213 000
Total tax
50 258
42 601
120 237
135 328
After tax
162 742
170 399
92 763
77 672
Living cost
19 424
19 424
19 424
19 424
Free-cash
143 318
150 975
73 339
58 248

Estimated living cost  is ₽19424 per week

₽12392
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1850
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽441
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4741
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67066
₽97106
₽75105
₽61347
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
76 331
health
-
-
-
11 513
pensions
-
-
-
10 939
total
-
-
-
98 783
Employee
79 730
79 730
195 649
-
pensions
14 351
10 939
10 939
-
income

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

13 051
13 051
36 978
-
health
12 238
10 409
11 513
-
total
39 640
34 399
59 430
-
Employer
79 730
79 730
195 649
-
health
5 542
5 542
6 887
-
pensions
5 549
5 549
6 898
-
unemployment
2 870
2 870
3 567
-
total
13 961
13 961
17 352
-
Corporate
120 286
119 308
-
-
income
24 057
23 862
-
-
total
24 057
23 862
-
-
Dividends
96 229
95 446
-
-
income
20 448
20 282
-
-
withholding
14 435
14 318
-
-
total
34 883
34 600
-
-
Income
213 000
213 000
213 000
213 000
Total tax
112 541
106 822
76 782
98 783
After tax
100 459
106 178
136 218
114 217
Living cost
39 112
39 112
39 112
39 112
Free-cash
61 347
67 066
97 106
75 105

Estimated living cost  is ₽39112 per week

₽27718
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3526
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽622
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7247
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78600
₽67888
₽68803
₽77754
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
165
other
-
-
-
9 601
unemployment
-
-
-
83
health
-
-
-
5 155
municipal
-
-
-
56 379
national
-
-
-
26 185
pensions
-
-
-
8 931
total
-
-
-
106 499
Employee
53 717
-
187 040
-
municipal
16 018
-
55 776
-
national
-
-
25 679
-
total
16 018
-
81 455
-
Employer
53 717
-
187 040
-
health
3 304
-
5 081
-
pensions
5 807
-
8 931
-
accident
107
-
165
-
unemployment
1 418
-
2 181
-
other
6 242
-
9 601
-
total
16 878
-
25 959
-
Corporate
142 406
213 000
-
-
income
31 329
46 860
-
-
total
31 329
46 860
-
-
Dividends
111 076
166 140
-
-
withholding
33 323
49 842
-
-
total
33 323
49 842
-
-
Income
213 000
213 000
213 000
213 000
Total tax
97 548
96 702
107 414
106 499
After tax
115 452
116 298
105 586
106 501
Living cost
37 698
37 698
37 698
37 698
Free-cash
77 754
78 600
67 888
68 803

Estimated living cost  is ₽37698 per week

₽24985
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3699
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽572
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8442
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69574
₽94803
₽66905
₽82696
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
71 224
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.

-
-
-
3 917
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.

-
-
-
6 378
trade
-
-
-
27 898
total
-
-
-
109 417
Employee

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

47 347
-
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.

223
-
3 917
-
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.

4 068
-
71 224
-
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.

6 378
-
6 378
-
total
10 669
-
81 519
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
165 653
213 000
-
-
income
24 847
31 951
-
-
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.

1 366
1 758
-
-
chamber of commerce
377
445
-
-
trade
27 250
35 039
-
-
total
53 840
69 193
-
-
Dividends
111 812
143 808
-
-
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.

1 518
1 958
-
-
withholding
27 599
35 597
-
-
total
29 117
37 555
-
-
Income
213 000
213 000
213 000
213 000
Total tax
93 626
106 748
81 519
109 417
After tax
119 374
106 252
131 481
103 583
Living cost
36 678
36 678
36 678
36 678
Free-cash
82 696
69 574
94 803
66 905

Estimated living cost  is ₽36678 per week

₽24530
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3868
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7732
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽124945
₽111129
₽112872
₽121072
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
49 307
social contributions
-
-
-
15 106
health
-
-
-
5 432
total
-
-
-
69 845
Employee
71 793
71 793
201 241
-
social contributions
3 489
5 958
8 037
-
income
7 539
6 646
48 370
-
health
714
1 221
3 421
-
total
11 742
13 825
59 828
-
Employer
71 793
71 793
201 241
-
health
778
1 329
3 723
-
social contributions
3 489
5 958
8 037
-
total
4 267
7 287
11 760
-
Corporate
166 709
133 919
-
-
income
20 838
16 740
-
-
total
20 838
16 740
-
-
Dividends
145 871
117 180
-
-
withholding
24 798
19 920
-
-
total
24 798
19 920
-
-
Income
213 000
213 000
213 000
213 000
Total tax
61 645
57 772
71 588
69 845
After tax
151 355
155 228
141 412
143 155
Living cost
30 283
30 283
30 283
30 283
Free-cash
121 072
124 945
111 129
112 872

Estimated living cost  is ₽30283 per week

₽20701
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2365
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽509
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6708
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽102823
₽106755
₽130833
₽103171
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 039
unemployment
-
-
-
3 195
health
-
-
-
14 910
pensions
-
-
-
21 300
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.

24 139
9 607
178 243
-
unemployment
362
144
2 674
-
pensions
2 414
961
17 824
-
income
2 951
1 174
21 790
-
health
1 690
672
12 477
-
total
7 417
2 951
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.

24 139
9 607
178 243
-
pensions
4 707
1 873
34 757
-
total
4 707
1 873
34 757
-
Corporate
184 153
201 519
-
-
income
16 574
18 137
-
-
total
16 574
18 137
-
-
Dividends
167 580
183 383
-
-
social contributions
32 568
35 650
-
-
withholding
31 840
34 843
-
-
total
64 408
70 493
-
-
Income
213 000
213 000
213 000
213 000
Total tax
93 106
93 454
89 522
65 444
After tax
119 894
119 546
123 478
147 556
Living cost
16 723
16 723
16 723
16 723
Free-cash
103 171
102 823
106 755
130 833

Estimated living cost  is ₽16723 per week

₽11412
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1368
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽334
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3609
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽147848
₽100217
₽91617
₽142048
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 542
health
-
-
-
27 689
pensions
-
-
-
42 601
total
-
-
-
98 832
Employee
26 486
-
159 193
-
unemployment
423
-
2 548
-
pensions
530
-
3 184
-
income
2 982
-
30 693
-
total
3 935
-
36 425
-
Employer
26 486
-
159 193
-
health
3 443
-
20 694
-
pensions
5 298
-
31 839
-
unemployment
213
-
1 274
-
total
8 954
-
53 807
-
Corporate
177 561
213 000
-
-
income
35 512
42 601
-
-
total
35 512
42 601
-
-
Dividends
142 049
170 399
-
-
total
-
-
-
-
Income
213 000
213 000
213 000
213 000
Total tax
48 401
42 601
90 232
98 832
After tax
164 599
170 399
122 768
114 168
Living cost
22 551
22 551
22 551
22 551
Free-cash
142 048
147 848
100 217
91 617

Estimated living cost  is ₽22551 per week

₽15468
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1343
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽454
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5287
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3587
₽96479
₽124602
₽14056
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
239
income
-
-
-
60 961
other
-
-
-
351
health
-
-
-
2 066
pensions
-
-
-
3 941
total
-
-
-
67 558
Employee
32 783
-
194 548
-
pensions
3 691
-
7 227
-
income
4 498
-
47 727
-
health
3 754
-
22 276
-
total
11 943
-
77 230
-
Employer
32 783
-
194 548
-
pensions
5 331
-
10 436
-
accident
547
-
3 249
-
unemployment
803
-
4 766
-
total
6 681
-
18 451
-
Corporate
173 536
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.

156 183
191 700
-
-
total
156 183
191 700
-
-
Dividends
17 353
21 300
-
-
withholding
3 297
4 047
-
-
total
3 297
4 047
-
-
Income
213 000
213 000
213 000
213 000
Total tax
178 104
195 747
95 681
67 558
After tax
34 896
17 253
117 319
145 442
Living cost
20 840
20 840
20 840
20 840
Free-cash
14 056
-3 587
96 479
124 602

Estimated living cost  is ₽20840 per week

₽15274
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1155
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽435
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3977
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽194827
₽162877
₽203347
₽193416
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 404
-
213 000
-
income
1 881
-
42 600
-
total
1 881
-
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%.

203 596
213 000
-
-
total
-
-
-
-
Dividends
203 596
213 000
-
-
withholding
10 180
10 650
-
-
total
10 180
10 650
-
-
Income
213 000
213 000
213 000
213 000
Total tax
12 061
10 650
42 600
2 130
After tax
200 939
202 350
170 400
210 870
Living cost
7 523
7 523
7 523
7 523
Free-cash
193 416
194 827
162 877
203 347

Estimated living cost  is ₽7523 per week

₽4662
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽625
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽207
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2029
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽131613
₽101770
₽103524
₽125309
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
37 533
other
-
-
-
6 743
health
-
-
-
6 247
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.

-
-
-
34 075
total
-
-
-
84 598
Employee
33 900
-
176 943
-
unemployment
338
-
1 419
-
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.

2 372
-
9 938
-
income
5 836
-
36 949
-
health
475
-
1 988
-
total
9 021
-
50 294
-
Employer
33 900
-
176 943
-
health
475
-
1 988
-
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.

5 764
-
24 137
-
accident
271
-
1 416
-
unemployment
338
-
1 419
-
other
1 696
-
7 098
-
total
8 544
-
36 058
-
Corporate
170 557
213 000
-
-
income
35 817
44 730
-
-
total
35 817
44 730
-
-
Dividends
134 740
168 270
-
-
withholding
9 431
11 779
-
-
total
9 431
11 779
-
-
Income
213 000
213 000
213 000
213 000
Total tax
62 813
56 509
86 352
84 598
After tax
150 187
156 491
126 648
128 402
Living cost
24 878
24 878
24 878
24 878
Free-cash
125 309
131 613
101 770
103 524

Estimated living cost  is ₽24878 per week

₽17578
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1680
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽400
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5220
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71552
₽55923
₽74935
₽79105
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
65 954
pensions
-
-
-
9 394
total
-
-
-
75 348
Employee
88 735
-
185 625
-
pensions
8 561
-
11 204
-
income
15 995
-
53 275
-
health
1 462
-
2 506
-
total
26 018
-
66 985
-
Employer
88 735
-
185 625
-
health
1 685
-
3 527
-
pensions
10 477
-
23 848
-
total
12 162
-
27 375
-
Corporate
112 103
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.

21 299
40 471
-
-
total
21 299
40 471
-
-
Dividends
90 804
172 529
-
-
withholding
11 699
38 260
-
-
total
11 699
38 260
-
-
Income
213 000
213 000
213 000
213 000
Total tax
71 178
78 731
94 360
75 348
After tax
141 822
134 269
118 640
137 652
Living cost
62 717
62 717
62 717
62 717
Free-cash
79 105
71 552
55 923
74 935

Estimated living cost  is ₽62717 per week

₽46995
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7369
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽510
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7844
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽169871
₽168971
₽160097
₽165532
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
31 950
unemployment
-
-
-
130
health
-
-
-
3 751
pensions

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

-
-
-
4 828
total
-
-
-
40 659
Employee
16 213
-
206 600
-
accident

We are using the highest rate at 1.1%.

179
-
359
-
pensions

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

1 423
-
2 864
-
income
1 621
-
20 660
-
health
746
-
1 501
-
total
3 969
-
25 384
-
Employer
16 213
-
206 600
-
health
1 119
-
2 251
-
pensions

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

1 787
-
3 595
-
accident

We are using the highest rate at 1.1%.

179
-
359
-
unemployment
97
-
196
-
total
3 182
-
6 401
-
Corporate
193 606
213 000
-
-
income
19 361
21 300
-
-
total
19 361
21 300
-
-
Dividends
174 245
191 700
-
-
withholding
8 712
9 585
-
-
total
8 712
9 585
-
-
Income
213 000
213 000
213 000
213 000
Total tax
35 224
30 885
31 785
40 659
After tax
177 776
182 115
181 215
172 341
Living cost
12 244
12 244
12 244
12 244
Free-cash
165 532
169 871
168 971
160 097

Estimated living cost  is ₽12244 per week

₽7148
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽874
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽324
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3897
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Varna model

Close
Amsterdam , Netherlands
₽54406
₽84446
₽62445
₽56755
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
76 331
health
-
-
-
11 513
pensions
-
-
-
10 939
total
-
-
-
98 783
Employee
86 561
79 730
195 649
-
pensions
10 939
10 939
10 939
-
income

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

13 051
13 051
36 978
-
health
10 799
10 409
11 513
-
total
34 789
34 399
59 430
-
Employer
86 561
79 730
195 649
-
health
6 015
5 542
6 887
-
pensions
6 024
5 549
6 898
-
unemployment
3 117
2 870
3 567
-
total
15 156
13 961
17 352
-
Corporate
111 283
119 308
-
-
income
22 257
23 862
-
-
total
22 257
23 862
-
-
Dividends
89 026
95 446
-
-
income
18 917
20 282
-
-
withholding
13 354
14 318
-
-
total
32 271
34 600
-
-
Income
213 000
213 000
213 000
213 000
Total tax
104 473
106 822
76 782
98 783
After tax
108 527
106 178
136 218
114 217
Living cost
51 772
51 772
51 772
51 772
Free-cash
56 755
54 406
84 446
62 445

Estimated living cost  is ₽51772 per week

₽38191
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4624
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽594
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8365
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽123836
₽93801
₽103159
₽115696
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
22 712
social contributions
-
-
-
32 830
solidarity contribution
-
-
-
2 729
health
-
-
-
28 755
total
-
-
-
87 026
Employee
33 551
-
169 626
-
solidarity contribution
-
-
1 889
-
social contributions
2 181
-
7 308
-
income
4 026
-
20 913
-
health
4 529
-
22 900
-
total
10 736
-
53 010
-
Employer
33 551
-
169 626
-
health
3 020
-
15 266
-
social contributions
8 388
-
28 108
-
total
11 408
-
43 374
-
Corporate
168 041
213 000
-
-
income
31 928
40 470
-
-
total
31 928
40 470
-
-
Dividends
136 113
172 530
-
-
withholding
20 417
25 879
-
-
total
20 417
25 879
-
-
Income
213 000
213 000
213 000
213 000
Total tax
74 489
66 349
96 384
87 026
After tax
138 511
146 651
116 616
125 974
Living cost
22 815
22 815
22 815
22 815
Free-cash
115 696
123 836
93 801
103 159

Estimated living cost  is ₽22815 per week

₽15848
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1623
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4896
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74247
₽55526
₽63440
₽69373
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
46 729
regional
-
-
-
2 708
municipal
-
-
-
1 331
national
-
-
-
59 395
total
-
-
-
110 163
Employee
82 977
-
213 000
-
municipal
439
-
1 214
-
national
14 378
-
53 146
-
regional
783
-
2 454
-
social contributions
27 980
-
61 263
-
total
43 580
-
118 077
-
Employer
82 977
-
213 000
-
total
-
-
-
-
Corporate
130 023
213 000
-
-
municipal
5 071
8 308
-
-
nationa
31 205
51 119
-
-
total
36 276
59 427
-
-
Dividends
93 747
153 573
-
-
withholding
24 374
39 929
-
-
total
24 374
39 929
-
-
Income
213 000
213 000
213 000
213 000
Total tax
104 230
99 356
118 077
110 163
After tax
108 770
113 644
94 923
102 837
Living cost
39 397
39 397
39 397
39 397
Free-cash
69 373
74 247
55 526
63 440

Estimated living cost  is ₽39397 per week

₽27463
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2583
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽604
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8746
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽113373
₽73843
₽79549
₽110469
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
67 448
other
-
-
-
-
surtax
-
-
-
11 419
unemployment
-
-
-
213
health
-
-
-
8 846
pensions
-
-
-
24 922
total
-
-
-
112 848
Employee
30 875
-
186 771
-
other
-
-
-
-
unemployment
2 149
-
8 673
-
pensions
2 059
-
8 311
-
surtax
101
-
10 301
-
income
5 175
-
61 863
-
health
788
-
3 177
-
total
10 272
-
92 325
-
Employer
30 875
-
186 771
-
health
1 405
-
5 670
-
pensions
4 116
-
16 610
-
unemployment
978
-
3 949
-
other
-
-
-
-
total
6 499
-
26 229
-
Corporate
175 626
213 000
-
-
income
45 662
55 381
-
-
total
45 662
55 381
-
-
Dividends
129 963
157 619
-
-
withholding
19 495
23 643
-
-
total
19 495
23 643
-
-
Income
213 000
213 000
213 000
213 000
Total tax
81 928
79 024
118 554
112 848
After tax
131 072
133 976
94 446
100 152
Living cost
20 603
20 603
20 603
20 603
Free-cash
110 469
113 373
73 843
79 549

Estimated living cost  is ₽20603 per week

₽12597
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1901
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5629
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91422
₽75793
₽94805
₽97622
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
65 954
pensions
-
-
-
9 394
total
-
-
-
75 348
Employee
59 468
-
185 625
-
pensions
5 047
-
11 204
-
income
10 710
-
53 275
-
health
863
-
2 506
-
total
16 620
-
66 985
-
Employer
59 468
-
185 625
-
health
1 130
-
3 527
-
pensions
6 437
-
23 848
-
total
7 567
-
27 375
-
Corporate
145 965
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.

27 732
40 471
-
-
total
27 732
40 471
-
-
Dividends
118 233
172 529
-
-
withholding
20 612
38 260
-
-
total
20 612
38 260
-
-
Income
213 000
213 000
213 000
213 000
Total tax
72 531
78 731
94 360
75 348
After tax
140 469
134 269
118 640
137 652
Living cost
42 847
42 847
42 847
42 847
Free-cash
97 622
91 422
75 793
94 805

Estimated living cost  is ₽42847 per week

₽32100
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3211
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7086
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽23569
₽87434
₽95349
₽55160
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
4 261
regional
-
-
-
11 853
health
-
-
-
480
city
-
-
-
2 245
national
-
-
-
5 386
pensions
-
-
-
19 597
total
-
-
-
43 822
Employee
86 398
-
191 626
-
unemployment
-
-
-
-
pensions
7 259
-
15 003
-
national
409
-
4 425
-
regional
2 829
-
10 541
-
city
927
-
2 073
-
health
195
-
430
-
total
11 619
-
32 472
-
Employer
86 398
-
191 626
-
health
195
-
430
-
pensions
7 259
-
15 003
-
unemployment
-
-
-
-
other

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

1 727
-
3 832
-
total
9 181
-
19 265
-
Corporate
116 470
213 000
-
-
regional
24 633
45 050
-
-
national
9 900
18 105
-
-
total
34 533
63 155
-
-
Dividends
81 937
149 845
-
-
withholding
28 678
52 447
-
-
total
28 678
52 447
-
-
Income
213 000
213 000
213 000
213 000
Total tax
84 011
115 602
51 737
43 822
After tax
128 989
97 398
161 263
169 178
Living cost
73 829
73 829
73 829
73 829
Free-cash
55 160
23 569
87 434
95 349

Estimated living cost  is ₽73829 per week

₽48010
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6625
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽906
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18287
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽62385
₽88710
₽59624
₽77529
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
71 224
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.

-
-
-
3 917
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.

-
-
-
6 378
trade
-
-
-
29 086
total
-
-
-
110 605
Employee

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

56 111
-
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.

363
-
3 917
-
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.

6 598
-
71 224
-
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.

6 378
-
6 378
-
total
13 339
-
81 519
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
156 889
213 000
-
-
income
23 533
31 951
-
-
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.

1 295
1 758
-
-
chamber of commerce
363
441
-
-
trade
26 906
36 529
-
-
total
52 097
70 679
-
-
Dividends
104 792
142 322
-
-
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.

1 421
1 938
-
-
withholding
25 843
35 227
-
-
total
27 264
37 165
-
-
Income
213 000
213 000
213 000
213 000
Total tax
92 700
107 844
81 519
110 605
After tax
120 300
105 156
131 481
102 395
Living cost
42 771
42 771
42 771
42 771
Free-cash
77 529
62 385
88 710
59 624

Estimated living cost  is ₽42771 per week

₽31238
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3421
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7557
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75409
₽77933
₽84356
₽80924
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
40 151
other
-
-
-
6 603
surtax
-
-
-
-
social contributions
-
-
-
6 070
health
-
-
-
10 523
pensions
-
-
-
33 354
total
-
-
-
96 701
Employee
39 959
-
162 338
-
pensions
4 518
-
12 328
-
surtax
-
-
-
-
social contributions
1 139
-
4 624
-
income
2 358
-
35 513
-
total
8 015
-
52 465
-
Employer
39 959
-
162 338
-
health
2 798
-
16 252
-
pensions
6 564
-
20 569
-
unemployment
1 618
-
6 575
-
social contributions
120
-
487
-
other
1 378
-
6 776
-
total
12 478
-
50 659
-
Corporate
160 562
213 000
-
-
income
44 957
59 640
-
-
surtax
-
-
-
-
total
44 957
59 640
-
-
Dividends
115 605
153 360
-
-
surtax
-
-
-
-
social contributions
19 885
26 378
-
-
withholding
14 798
19 630
-
-
total
34 683
46 008
-
-
Income
213 000
213 000
213 000
213 000
Total tax
100 133
105 648
103 124
96 701
After tax
112 867
107 352
109 876
116 299
Living cost
31 943
31 943
31 943
31 943
Free-cash
80 924
75 409
77 933
84 356

Estimated living cost  is ₽31943 per week

₽20142
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2597
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.
₽8662
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78574
₽81098
₽87521
₽83762
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
40 151
other
-
-
-
6 603
surtax
-
-
-
-
social contributions
-
-
-
6 070
health
-
-
-
10 523
pensions
-
-
-
33 354
total
-
-
-
96 701
Employee
35 669
-
162 338
-
pensions
4 034
-
12 328
-
surtax
-
-
-
-
social contributions
1 017
-
4 624
-
income
1 839
-
35 513
-
total
6 890
-
52 465
-
Employer
35 669
-
162 338
-
health
2 496
-
16 252
-
pensions
5 861
-
20 569
-
unemployment
1 444
-
6 575
-
social contributions
106
-
487
-
other
1 231
-
6 776
-
total
11 138
-
50 659
-
Corporate
166 192
213 000
-
-
income
46 534
59 640
-
-
surtax
-
-
-
-
total
46 534
59 640
-
-
Dividends
119 658
153 360
-
-
surtax
-
-
-
-
social contributions
20 581
26 378
-
-
withholding
15 317
19 630
-
-
total
35 898
46 008
-
-
Income
213 000
213 000
213 000
213 000
Total tax
100 460
105 648
103 124
96 701
After tax
112 540
107 352
109 876
116 299
Living cost
28 778
28 778
28 778
28 778
Free-cash
83 762
78 574
81 098
87 521

Estimated living cost  is ₽28778 per week

₽16690
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2923
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽546
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8620
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽110150
₽111172
₽116990
₽110636
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
31 951
social contributions
-
-
-
29 394
health
-
-
-
14 867
total
-
-
-
76 212
Employee
31 656
-
213 000
-
social contributions
4 369
-
29 394
-
income
5 280
-
37 769
-
health
2 209
-
14 867
-
total
11 858
-
82 030
-
Employer
31 656
-
213 000
-
total
-
-
-
-
Corporate
181 344
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%.

9 068
10 650
-
-
total
9 068
10 650
-
-
Dividends
172 276
202 350
-
-
social contributions
23 774
27 925
-
-
withholding
25 841
30 352
-
-
health
12 025
14 125
-
-
total
61 640
72 402
-
-
Income
213 000
213 000
213 000
213 000
Total tax
82 566
83 052
82 030
76 212
After tax
130 434
129 948
130 970
136 788
Living cost
19 798
19 798
19 798
19 798
Free-cash
110 636
110 150
111 172
116 990

Estimated living cost  is ₽19798 per week

₽13249
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1221
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4871
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84492
₽22914
₽76172
₽83048
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
68 646
surtax
-
-
-
184
unemployment
-
-
-
5 726
chamber of commerce
-
-
-
852
health
-
-
-
8 343
pensions
-
-
-
20 179
total
-
-
-
103 930
Employee
46 660
37 207
176 503
-
other
466
372
1 091
-
unemployment
1 400
1 116
3 272
-
pensions
4 778
3 809
11 169
-
income
5 312
2 744
57 700
-
health
1 805
1 440
4 220
-
total
13 761
9 481
77 452
-
Employer
46 660
37 207
176 503
-
chamber of commerce
186
149
705
-
health
1 763
1 407
4 123
-
pensions
5 856
4 670
13 689
-
accident
606
484
1 417
-
unemployment
1 400
1 116
3 272
-
surtax
184
184
184
-
payroll
1 400
1 116
5 296
-
other
2 216
1 766
7 810
-
total
13 611
10 892
36 496
-
Corporate
152 729
164 900
172 960
-
income

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

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

38 182
41 226
43 240
-
total
38 182
41 226
43 240
-
Dividends
114 548
123 674
-
-
withholding
31 500
34 011
-
-
total
31 500
34 011
-
-
Income
213 000
213 000
213 000
213 000
Total tax
97 054
95 610
157 188
103 930
After tax
115 946
117 390
55 812
109 070
Living cost
32 898
32 898
32 898
32 898
Free-cash
83 048
84 492
22 914
76 172

Estimated living cost  is ₽32898 per week

₽21942
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2806
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7610
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82681
₽38238
₽58615
₽70978
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
communal

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

-
-
-
11 384
social contributions
-
-
-
23 277
national
-
-
-
85 682
total
-
-
-
120 343
Employee

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

66 785
-
164 976
-
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.

581
-
1 435
-
communal

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

3 483
-
8 606
-
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.

5 009
-
12 372
-
national
20 532
-
62 528
-
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.

3 138
-
7 755
-
total
32 743
-
92 696
-
Employer

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

66 785
-
164 976
-
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.

4 107
-
10 145
-
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.

5 918
-
14 617
-
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.

868
-
2 144
-
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.

974
-
2 408
-
surtax
7 573
-
18 710
-
total
19 440
-
48 024
-
Corporate
126 775
213 000
-
-
income
25 356
45 824
-
-
surtax
507
916
-
-
total
25 863
46 740
-
-
Dividends
100 913
166 260
-
-
withholding

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

29 934
49 537
-
-
total
29 934
49 537
-
-
Income
213 000
213 000
213 000
213 000
Total tax
107 980
96 277
140 720
120 343
After tax
105 020
116 723
72 280
92 657
Living cost
34 042
34 042
34 042
34 042
Free-cash
70 978
82 681
38 238
58 615

Estimated living cost  is ₽34042 per week

₽21928
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2977
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽8606
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽107673
₽81357
₽85273
₽101278
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
780
income
-
-
-
68 046
other
-
-
-
87
unemployment
-
-
-
606
pensions
-
-
-
24 490
total
-
-
-
94 009
Employee
46 475
-
185 412
-
other
46
-
87
-
unemployment
721
-
1 341
-
pensions
2 185
-
4 068
-
income
9 806
-
64 841
-
total
12 758
-
70 337
-
Employer
46 475
-
185 412
-
pensions
10 967
-
20 423
-
accident
920
-
1 713
-
unemployment
2 557
-
4 759
-
other
370
-
693
-
total
14 814
-
27 588
-
Corporate
151 711
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.

22 757
31 951
-
-
total
22 757
31 951
-
-
Dividends
128 955
181 049
-
-
withholding
27 675
39 658
-
-
total
27 675
39 658
-
-
Income
213 000
213 000
213 000
213 000
Total tax
78 004
71 609
97 925
94 009
After tax
134 996
141 391
115 075
118 991
Living cost
33 718
33 718
33 718
33 718
Free-cash
101 278
107 673
81 357
85 273

Estimated living cost  is ₽33718 per week

₽24830
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2392
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.
₽6010
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69626
₽57628
₽49134
₽56784
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
communal
-
-
-
13 462
accident
-
-
-
1 797
income
-
-
-
40 417
surtax
-
-
-
10 560
health
-
-
-
14 966
pensions
-
-
-
31 926
total
-
-
-
113 128
Employee
70 705
-
190 265
-
pensions
5 656
-
15 221
-
surtax
4 334
-
11 660
-
income
6 829
-
46 551
-
health
3 147
-
8 466
-
total
19 966
-
81 898
-
Employer
70 705
-
190 265
-
health
2 156
-
5 803
-
pensions
5 656
-
15 221
-
accident
636
-
1 712
-
total
8 448
-
22 736
-
Corporate
133 847
213 000
-
-
communal
9 034
14 378
-
-
income
20 078
31 951
-
-
surtax
1 405
2 236
-
-
total
30 517
48 565
-
-
Dividends
103 330
164 436
-
-
income
31 047
19 406
-
-
withholding
15 500
24 665
-
-
total
46 547
44 071
-
-
Income
213 000
213 000
213 000
213 000
Total tax
105 478
92 636
104 634
113 128
After tax
107 522
120 364
108 366
99 872
Living cost
50 738
50 738
50 738
50 738
Free-cash
56 784
69 626
57 628
49 134

Estimated living cost  is ₽50738 per week

₽38061
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3074
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽537
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9064
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽113005
₽73475
₽79181
₽110035
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
67 448
other
-
-
-
-
surtax
-
-
-
11 419
unemployment
-
-
-
213
health
-
-
-
8 846
pensions
-
-
-
24 922
total
-
-
-
112 848
Employee
31 442
-
186 771
-
other
-
-
-
-
unemployment
2 188
-
8 673
-
pensions
2 098
-
8 311
-
surtax
112
-
10 301
-
income
5 271
-
61 863
-
health
803
-
3 177
-
total
10 472
-
92 325
-
Employer
31 442
-
186 771
-
health
1 430
-
5 670
-
pensions
4 192
-
16 610
-
unemployment
998
-
3 949
-
other
-
-
-
-
total
6 620
-
26 229
-
Corporate
174 939
213 000
-
-
income
45 483
55 381
-
-
total
45 483
55 381
-
-
Dividends
129 455
157 619
-
-
withholding
19 419
23 643
-
-
total
19 419
23 643
-
-
Income
213 000
213 000
213 000
213 000
Total tax
81 994
79 024
118 554
112 848
After tax
131 006
133 976
94 446
100 152
Living cost
20 971
20 971
20 971
20 971
Free-cash
110 035
113 005
73 475
79 181

Estimated living cost  is ₽20971 per week

₽12661
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1823
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽487
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6001
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86807
₽69146
₽77018
₽84735
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
46 729
regional
-
-
-
3 376
municipal
-
-
-
1 331
national
-
-
-
59 395
total
-
-
-
110 831
Employee
51 791
-
213 000
-
municipal
275
-
1 214
-
national
8 205
-
53 146
-
regional
697
-
3 080
-
social contributions
17 464
-
61 263
-
total
26 641
-
118 703
-
Employer
51 791
-
213 000
-
total
-
-
-
-
Corporate
161 209
213 000
-
-
municipal
8 012
10 586
-
-
nationa
38 690
51 119
-
-
total
46 702
61 705
-
-
Dividends
114 507
151 294
-
-
withholding
29 771
39 337
-
-
total
29 771
39 337
-
-
Income
213 000
213 000
213 000
213 000
Total tax
103 114
101 042
118 703
110 831
After tax
109 886
111 958
94 297
102 169
Living cost
25 151
25 151
25 151
25 151
Free-cash
84 735
86 807
69 146
77 018

Estimated living cost  is ₽25151 per week

₽15641
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2548
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽431
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6531
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽118537
₽88502
₽97860
₽108508
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
22 712
social contributions
-
-
-
32 830
solidarity contribution
-
-
-
2 729
health
-
-
-
28 755
total
-
-
-
87 026
Employee
41 344
-
169 626
-
solidarity contribution
-
-
1 889
-
social contributions
2 687
-
7 308
-
income
4 961
-
20 913
-
health
5 581
-
22 900
-
total
13 229
-
53 010
-
Employer
41 344
-
169 626
-
health
3 721
-
15 266
-
social contributions
10 336
-
28 108
-
total
14 057
-
43 374
-
Corporate
157 599
213 000
-
-
income
29 944
40 470
-
-
total
29 944
40 470
-
-
Dividends
127 655
172 530
-
-
withholding
19 148
25 879
-
-
total
19 148
25 879
-
-
Income
213 000
213 000
213 000
213 000
Total tax
76 378
66 349
96 384
87 026
After tax
136 622
146 651
116 616
125 974
Living cost
28 114
28 114
28 114
28 114
Free-cash
108 508
118 537
88 502
97 860

Estimated living cost  is ₽28114 per week

₽20907
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1557
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5163
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Prague model

Close
Graz , Austria
₽87704
₽26073
₽79467
₽87239
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
68 646
surtax
-
-
-
-
unemployment
-
-
-
5 726
chamber of commerce
-
-
-
852
health
-
-
-
8 343
pensions
-
-
-
20 179
total
-
-
-
103 746
Employee
40 813
37 207
176 675
-
other
408
372
1 091
-
unemployment
1 224
1 116
3 272
-
pensions
4 180
3 809
11 169
-
income
3 636
2 744
57 781
-
health
1 579
1 440
4 220
-
total
11 027
9 481
77 533
-
Employer
40 813
37 207
176 675
-
chamber of commerce
163
149
707
-
health
1 543
1 407
4 123
-
pensions
5 122
4 670
13 689
-
accident
530
484
1 417
-
unemployment
1 224
1 116
3 272
-
surtax
-
-
-
-
payroll
1 224
1 116
5 299
-
other
1 938
1 766
7 817
-
total
11 744
10 708
36 324
-
Corporate
160 442
165 084
173 131
-
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.

40 111
41 272
43 283
-
total
40 111
41 272
43 283
-
Dividends
120 331
123 812
-
-
withholding
33 092
34 048
-
-
total
33 092
34 048
-
-
Income
213 000
213 000
213 000
213 000
Total tax
95 974
95 509
157 140
103 746
After tax
117 026
117 491
55 860
109 254
Living cost
29 787
29 787
29 787
29 787
Free-cash
87 239
87 704
26 073
79 467

Estimated living cost  is ₽29787 per week

₽17868
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3042
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽532
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8345
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽190626
₽158676
₽199146
₽188428
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
14 655
-
213 000
-
income
2 931
-
42 600
-
total
2 931
-
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%.

198 345
213 000
-
-
total
-
-
-
-
Dividends
198 345
213 000
-
-
withholding
9 917
10 650
-
-
total
9 917
10 650
-
-
Income
213 000
213 000
213 000
213 000
Total tax
12 848
10 650
42 600
2 130
After tax
200 152
202 350
170 400
210 870
Living cost
11 724
11 724
11 724
11 724
Free-cash
188 428
190 626
158 676
199 146

Estimated living cost  is ₽11724 per week

₽7934
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽492
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽393
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2905
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽121608
₽68909
₽73535
₽113798
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
54 246
unemployment
-
-
-
319
health
-
-
-
20 958
pensions
-
-
-
38 899
total
-
-
-
114 422
Employee

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

41 286
-
184 304
-
unemployment
58
-
259
-
pensions
6 400
-
28 566
-
income
7 120
-
49 621
-
health
2 667
-
11 906
-
total
16 245
-
90 352
-
Employer

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

41 286
-
184 304
-
health
2 750
-
12 275
-
pensions
3 653
-
16 311
-
unemployment
25
-
110
-
total
6 428
-
28 696
-
Corporate
165 286
213 000
-
-
income
31 405
40 469
-
-
total
31 405
40 469
-
-
Dividends
133 881
172 531
-
-
withholding
20 081
25 880
-
-
total
20 081
25 880
-
-
Income
213 000
213 000
213 000
213 000
Total tax
74 159
66 349
119 048
114 422
After tax
138 841
146 651
93 952
98 578
Living cost
25 043
25 043
25 043
25 043
Free-cash
113 798
121 608
68 909
73 535

Estimated living cost  is ₽25043 per week

₽17186
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1605
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.
₽5767
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89704
₽160955
₽107315
₽45734
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
41 518
social contributions
-
-
-
24 282
total
-
-
-
65 800
Employee
57 190
-
-
-
social contributions
4 690
-
668
-
income
12 615
-
-
-
total
17 305
-
668
-
Employer
57 190
-
-
-
social contributions
80 638
-
11 492
-
total
80 638
-
11 492
-
Corporate
75 172
213 000
-
-
income
16 538
46 860
-
-
total
16 538
46 860
-
-
Dividends
58 634
166 140
-
-
income
12 900
36 551
-
-
total
12 900
36 551
-
-
Income
213 000
213 000
213 000
213 000
Total tax
127 381
83 411
12 160
65 800
After tax
85 619
129 589
200 840
147 200
Living cost
39 885
39 885
39 885
39 885
Free-cash
45 734
89 704
160 955
107 315

Estimated living cost  is ₽39885 per week

₽25879
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3751
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9747
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91869
₽64924
₽81671
₽90929
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
28 025
surtax
-
-
-
-
social contributions

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

-
-
-
74 018
total
-
-
-
102 043
Employee
42 941
-
172 121
-
surtax
-
-
287
-
social contributions
4 724
-
18 933
-
income
8 932
-
58 691
-
total
13 656
-
77 911
-
Employer
42 941
-
172 121
-
social contributions
10 198
-
40 879
-
total
10 198
-
40 879
-
Corporate
159 861
213 000
-
-
income
33 570
44 730
-
-
surtax
-
-
-
-
total
33 570
44 730
-
-
Dividends
126 291
168 270
-
-
withholding
35 361
47 115
-
-
total
35 361
47 115
-
-
Income
213 000
213 000
213 000
213 000
Total tax
92 785
91 845
118 790
102 043
After tax
120 215
121 155
94 210
110 957
Living cost
29 286
29 286
29 286
29 286
Free-cash
90 929
91 869
64 924
81 671

Estimated living cost  is ₽29286 per week

₽21912
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5158
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62258
₽64782
₽71205
₽68676
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
40 151
other
-
-
-
6 603
surtax
-
-
-
-
social contributions
-
-
-
6 070
health
-
-
-
10 523
pensions
-
-
-
33 354
total
-
-
-
96 701
Employee
58 476
-
162 338
-
pensions
6 614
-
12 328
-
surtax
-
-
-
-
social contributions
1 665
-
4 624
-
income
5 102
-
35 513
-
total
13 381
-
52 465
-
Employer
58 476
-
162 338
-
health
4 093
-
16 252
-
pensions
9 608
-
20 569
-
unemployment
2 369
-
6 575
-
social contributions
175
-
487
-
other
2 018
-
6 776
-
total
18 263
-
50 659
-
Corporate
136 260
213 000
-
-
income
38 154
59 640
-
-
surtax
-
-
-
-
total
38 154
59 640
-
-
Dividends
98 107
153 360
-
-
surtax
-
-
-
-
social contributions
16 874
26 378
-
-
withholding
12 558
19 630
-
-
total
29 432
46 008
-
-
Income
213 000
213 000
213 000
213 000
Total tax
99 230
105 648
103 124
96 701
After tax
113 770
107 352
109 876
116 299
Living cost
45 094
45 094
45 094
45 094
Free-cash
68 676
62 258
64 782
71 205

Estimated living cost  is ₽45094 per week

₽30519
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3689
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽618
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10267
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽163635
₽132790
₽127131
₽160498
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 944
social contributions
-
-
-
46 860
total
-
-
-
57 804
Employee
30 016
-
184 416
-
income
-
-
11 573
-
social contributions
1 951
-
11 988
-
total
1 951
-
23 561
-
Employer
30 016
-
184 416
-
social contributions
4 653
-
28 584
-
total
4 653
-
28 584
-
Corporate
178 331
213 000
-
-
income
17 833
21 300
-
-
total
17 833
21 300
-
-
Dividends
160 498
191 700
-
-
total
-
-
-
-
Income
213 000
213 000
213 000
213 000
Total tax
24 437
21 300
52 145
57 804
After tax
188 563
191 700
160 855
155 196
Living cost
28 065
28 065
28 065
28 065
Free-cash
160 498
163 635
132 790
127 131

Estimated living cost  is ₽28065 per week

₽18147
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2116
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7275
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9567
₽9567
₽77852
₽5447
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 975
municipal
-
-
-
45 810
national
-
-
-
26 587
pensions
-
-
-
809
total
-
-
-
90 181
Employee
189 796
189 796
189 796
-
municipal
40 416
40 416
40 416
-
labour market
15 162
15 162
15 162
-
pensions
270
270
270
-
national
23 187
23 187
23 187
-
total
79 035
79 035
79 035
-
Employer
189 796
189 796
189 796
-
national
23 227
23 227
23 227
-
labour market
15 184
15 184
15 184
-
pensions
540
540
540
-
municipal
40 480
40 480
40 480
-
total
79 431
79 431
79 431
-
Corporate
9 566
-
-
-
income
2 105
-
-
-
total
2 105
-
-
-
Dividends
7 462
-
-
-
withholding
2 015
-
-
-
total
2 015
-
-
-
Income
213 000
213 000
213 000
213 000
Total tax
162 586
158 466
158 466
90 181
After tax
50 414
54 534
54 534
122 819
Living cost
44 967
44 967
44 967
44 967
Free-cash
5 447
9 567
9 567
77 852

Estimated living cost  is ₽44967 per week

₽30776
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3978
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽692
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9522
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3280
₽96786
₽124909
₽14104
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
239
income
-
-
-
60 961
other
-
-
-
351
health
-
-
-
2 066
pensions
-
-
-
3 941
total
-
-
-
67 558
Employee
32 300
-
194 548
-
pensions
3 637
-
7 227
-
income
4 431
-
47 727
-
health
3 699
-
22 276
-
total
11 767
-
77 230
-
Employer
32 300
-
194 548
-
pensions
5 252
-
10 436
-
accident
539
-
3 249
-
unemployment
791
-
4 766
-
total
6 582
-
18 451
-
Corporate
174 118
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.

156 706
191 700
-
-
total
156 706
191 700
-
-
Dividends
17 412
21 300
-
-
withholding
3 308
4 047
-
-
total
3 308
4 047
-
-
Income
213 000
213 000
213 000
213 000
Total tax
178 363
195 747
95 681
67 558
After tax
34 637
17 253
117 319
145 442
Living cost
20 533
20 533
20 533
20 533
Free-cash
14 104
-3 280
96 786
124 909

Estimated living cost  is ₽20533 per week

₽14946
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1171
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽385
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4031
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94608
₽70086
₽94485
₽97495
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 890
municipal
-
-
-
37 820
national
-
-
-
41 960
total
-
-
-
82 670
Employee
49 121
-
179 187
-
municipal
8 046
-
29 165
-
unemployment
737
-
2 688
-
pensions
3 315
-
12 096
-
national
811
-
26 937
-
health
367
-
2 371
-
total
13 276
-
73 257
-
Employer
49 121
-
179 187
-
health
377
-
1 380
-
pensions
8 522
-
31 089
-
accident
50
-
179
-
unemployment
319
-
1 164
-
total
9 268
-
33 812
-
Corporate
154 610
213 000
-
-
income
30 923
42 601
-
-
total
30 923
42 601
-
-
Dividends

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

92 766
127 799
-
-
municipal
16 697
23 005
-
-
national
9 496
16 941
-
-
total
26 193
39 946
-
-
Income
213 000
213 000
213 000
213 000
Total tax
79 660
82 547
107 069
82 670
After tax
133 340
130 453
105 931
130 330
Living cost
35 845
35 845
35 845
35 845
Free-cash
97 495
94 608
70 086
94 485

Estimated living cost  is ₽35845 per week

₽23414
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3448
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8414
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽133611
₽119795
₽121538
₽128531
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
49 307
social contributions
-
-
-
15 106
health
-
-
-
5 432
total
-
-
-
69 845
Employee
71 793
71 793
201 241
-
social contributions
2 714
5 958
8 037
-
income
7 817
6 646
48 370
-
health
556
1 221
3 421
-
total
11 087
13 825
59 828
-
Employer
71 793
71 793
201 241
-
health
604
1 329
3 723
-
social contributions
2 714
5 958
8 037
-
total
3 318
7 287
11 760
-
Corporate
176 977
133 919
-
-
income
22 122
16 740
-
-
total
22 122
16 740
-
-
Dividends
154 855
117 180
-
-
withholding
26 325
19 920
-
-
total
26 325
19 920
-
-
Income
213 000
213 000
213 000
213 000
Total tax
62 852
57 772
71 588
69 845
After tax
150 148
155 228
141 412
143 155
Living cost
21 617
21 617
21 617
21 617
Free-cash
128 531
133 611
119 795
121 538

Estimated living cost  is ₽21617 per week

₽12955
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2121
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6063
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽161560
₽148034
₽166758
₽156814
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
22 073
unemployment
-
-
-
27
health
-
-
-
3 379
pensions
-
-
-
5 939
total
-
-
-
31 418
Employee

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

21 431
-
203 875
-
unemployment
106
-
443
-
pensions
3 214
-
13 288
-
income
1 465
-
19 757
-
health
1 821
-
7 530
-
total
6 606
-
41 018
-
Employer

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

21 431
-
203 875
-
health
921
-
3 809
-
pensions
1 178
-
4 872
-
unemployment
106
-
443
-
total
2 205
-
9 124
-
Corporate
189 364
213 000
-
-
income
17 043
19 171
-
-
total
17 043
19 171
-
-
Dividends
172 321
193 829
-
-
withholding
15 508
17 445
-
-
total
15 508
17 445
-
-
Income
213 000
213 000
213 000
213 000
Total tax
41 362
36 616
50 142
31 418
After tax
171 638
176 384
162 858
181 582
Living cost
14 824
14 824
14 824
14 824
Free-cash
156 814
161 560
148 034
166 758

Estimated living cost  is ₽14824 per week

₽9458
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1068
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽441
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3855
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽115717
₽89401
₽93317
₽111596
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
780
income
-
-
-
68 046
other
-
-
-
87
unemployment
-
-
-
606
pensions
-
-
-
24 490
total
-
-
-
94 009
Employee
34 523
-
185 412
-
other
34
-
87
-
unemployment
535
-
1 341
-
pensions
1 623
-
4 068
-
income
6 656
-
64 841
-
total
8 848
-
70 337
-
Employer
34 523
-
185 412
-
pensions
8 147
-
20 423
-
accident
684
-
1 713
-
unemployment
1 899
-
4 759
-
other
276
-
693
-
total
11 006
-
27 588
-
Corporate
167 471
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.

25 120
31 951
-
-
total
25 120
31 951
-
-
Dividends
142 351
181 049
-
-
withholding
30 756
39 658
-
-
total
30 756
39 658
-
-
Income
213 000
213 000
213 000
213 000
Total tax
75 730
71 609
97 925
94 009
After tax
137 270
141 391
115 075
118 991
Living cost
25 674
25 674
25 674
25 674
Free-cash
111 596
115 717
89 401
93 317

Estimated living cost  is ₽25674 per week

₽17330
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2468
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.
₽5427
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽131021
₽135313
₽135449
₽130709
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
73 281
health
-
-
-
1 000
pensions
-
-
-
1 379
total
-
-
-
75 660
Employee
2 880
-
211 448
-
unemployment
29
-
69
-
pensions
259
-
621
-
income
557
-
73 209
-
health
144
-
345
-
total
989
-
74 244
-
Employer
2 880
-
211 448
-
health
274
-
655
-
pensions
317
-
759
-
unemployment
58
-
138
-
total
649
-
1 552
-
Corporate
209 472
213 000
-
-
income
46 084
46 860
-
-
total
46 084
46 860
-
-
Dividends
163 388
166 140
-
-
withholding
32 678
33 228
-
-
total
32 678
33 228
-
-
Income
213 000
213 000
213 000
213 000
Total tax
80 400
80 088
75 796
75 660
After tax
132 600
132 912
137 204
137 340
Living cost
1 891
1 891
1 891
1 891
Free-cash
130 709
131 021
135 313
135 449

Estimated living cost  is ₽1891 per week

₽1124
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽153
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽43
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽571
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽137746
₽121421
₽121421
₽133151
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
49 350
unemployment
-
-
-
1 035
health
-
-
-
7 107
pensions
-
-
-
17 940
total
-
-
-
75 432
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.

24 348
-
200 649
-
unemployment
183
-
517
-
pensions
3 409
-
9 660
-
income
3 356
-
49 350
-
health
1 254
-
3 554
-
total
8 202
-
63 081
-
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.

24 348
-
200 649
-
health
1 254
-
3 554
-
pensions
2 922
-
8 280
-
unemployment
183
-
517
-
total
4 359
-
12 351
-
Corporate
184 294
213 000
-
-
income
27 644
31 950
-
-
total
27 644
31 950
-
-
Dividends
156 650
181 050
-
-
withholding
23 497
27 157
-
-
total
23 497
27 157
-
-
Income
213 000
213 000
213 000
213 000
Total tax
63 702
59 107
75 432
75 432
After tax
149 298
153 893
137 568
137 568
Living cost
16 147
16 147
16 147
16 147
Free-cash
133 151
137 746
121 421
121 421

Estimated living cost  is ₽16147 per week

₽10871
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1249
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽467
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3559
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95984
₽69039
₽85786
₽95645
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
28 025
surtax
-
-
-
-
social contributions

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

-
-
-
74 018
total
-
-
-
102 043
Employee
36 237
-
172 121
-
surtax
-
-
287
-
social contributions
3 987
-
18 933
-
income
7 081
-
58 691
-
total
11 068
-
77 911
-
Employer
36 237
-
172 121
-
social contributions
8 606
-
40 879
-
total
8 606
-
40 879
-
Corporate
168 157
213 000
-
-
income
35 313
44 730
-
-
surtax
-
-
-
-
total
35 313
44 730
-
-
Dividends
132 844
168 270
-
-
withholding
37 197
47 115
-
-
total
37 197
47 115
-
-
Income
213 000
213 000
213 000
213 000
Total tax
92 184
91 845
118 790
102 043
After tax
120 816
121 155
94 210
110 957
Living cost
25 171
25 171
25 171
25 171
Free-cash
95 645
95 984
69 039
85 786

Estimated living cost  is ₽25171 per week

₽17828
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1749
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽446
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5149
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽108578
₽82262
₽86178
₽102472
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
780
income
-
-
-
68 046
other
-
-
-
87
unemployment
-
-
-
606
pensions
-
-
-
24 490
total
-
-
-
94 009
Employee
45 091
-
185 412
-
other
44
-
87
-
unemployment
698
-
1 341
-
pensions
2 119
-
4 068
-
income
9 418
-
64 841
-
total
12 279
-
70 337
-
Employer
45 091
-
185 412
-
pensions
10 641
-
20 423
-
accident
893
-
1 713
-
unemployment
2 480
-
4 759
-
other
361
-
693
-
total
14 375
-
27 588
-
Corporate
153 533
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.

23 030
31 951
-
-
total
23 030
31 951
-
-
Dividends
130 503
181 049
-
-
withholding
28 031
39 658
-
-
total
28 031
39 658
-
-
Income
213 000
213 000
213 000
213 000
Total tax
77 715
71 609
97 925
94 009
After tax
135 285
141 391
115 075
118 991
Living cost
32 813
32 813
32 813
32 813
Free-cash
102 472
108 578
82 262
86 178

Estimated living cost  is ₽32813 per week

₽23565
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2551
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6235
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽166051
₽165151
₽156277
₽160359
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
31 950
unemployment
-
-
-
130
health
-
-
-
3 751
pensions

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

-
-
-
4 828
total
-
-
-
40 659
Employee
21 272
-
206 600
-
accident

We are using the highest rate at 1.1%.

234
-
359
-
pensions

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

1 867
-
2 864
-
income
2 128
-
20 660
-
health
979
-
1 501
-
total
5 208
-
25 384
-
Employer
21 272
-
206 600
-
health
1 468
-
2 251
-
pensions

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

2 344
-
3 595
-
accident

We are using the highest rate at 1.1%.

234
-
359
-
unemployment
128
-
196
-
total
4 174
-
6 401
-
Corporate
187 555
213 000
-
-
income
18 755
21 300
-
-
total
18 755
21 300
-
-
Dividends
168 799
191 700
-
-
withholding
8 440
9 585
-
-
total
8 440
9 585
-
-
Income
213 000
213 000
213 000
213 000
Total tax
36 577
30 885
31 785
40 659
After tax
176 423
182 115
181 215
172 341
Living cost
16 064
16 064
16 064
16 064
Free-cash
160 359
166 051
165 151
156 277

Estimated living cost  is ₽16064 per week

₽10625
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽920
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽383
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4137
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73493
₽95435
₽71098
₽85708
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
71 224
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.

-
-
-
3 917
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.

-
-
-
6 378
trade
-
-
-
24 337
total
-
-
-
105 856
Employee

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

46 455
-
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.

211
-
3 917
-
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.

3 820
-
71 224
-
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.

6 378
-
6 378
-
total
10 409
-
81 519
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
166 545
213 000
-
-
income
24 982
31 951
-
-
surtax

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

1 375
1 758
-
-
chamber of commerce
386
454
-
-
trade
23 900
30 565
-
-
total
50 643
64 728
-
-
Dividends
115 902
148 273
-
-
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.

1 573
2 020
-
-
withholding
28 621
36 713
-
-
total
30 194
38 733
-
-
Income
213 000
213 000
213 000
213 000
Total tax
91 246
103 461
81 519
105 856
After tax
121 754
109 539
131 481
107 144
Living cost
36 046
36 046
36 046
36 046
Free-cash
85 708
73 493
95 435
71 098

Estimated living cost  is ₽36046 per week

₽24865
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3878
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽523
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6779
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95915
₽53388
₽53388
₽97976
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
69 767
social contributions
-
-
-
36 660
total
-
-
-
106 427
Employee
73 032
-
213 000
-
income
13 781
-
69 767
-
social contributions
6 067
-
36 660
-
total
19 848
-
106 427
-
Employer
73 032
-
213 000
-
total
-
-
-
-
Corporate
139 968
213 000
-
-
income
17 496
26 625
-
-
total
17 496
26 625
-
-
Dividends
122 471
186 375
-
-
withholding
24 495
37 275
-
-
total
24 495
37 275
-
-
Income
213 000
213 000
213 000
213 000
Total tax
61 839
63 900
106 427
106 427
After tax
151 161
149 100
106 573
106 573
Living cost
53 185
53 185
53 185
53 185
Free-cash
97 976
95 915
53 388
53 388

Estimated living cost  is ₽53185 per week

₽40462
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4334
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽509
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7881
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99626
₽114592
₽141500
₽102888
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
31 951
health

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

-
-
-
5 657
total
-
-
-
37 608
Employee
42 830
-
208 705
-
income
4 647
-
55 926
-
social contributions
4 291
-
4 295
-
total
8 938
-
60 221
-
Employer
42 830
-
208 705
-
social contributions
4 291
-
4 295
-
total
4 291
-
4 295
-
Corporate
165 878
213 000
-
-
income
58 058
74 549
-
-
total
58 058
74 549
-
-
Dividends
107 821
138 451
-
-
social contributions
4 933
4 933
-
-
total
4 933
4 933
-
-
Income
213 000
213 000
213 000
213 000
Total tax
76 220
79 482
64 516
37 608
After tax
136 780
133 518
148 484
175 392
Living cost
33 892
33 892
33 892
33 892
Free-cash
102 888
99 626
114 592
141 500

Estimated living cost  is ₽33892 per week

₽22324
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2672
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.
₽8375
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99436
₽83807
₽102819
₽104989
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
65 954
pensions
-
-
-
9 394
total
-
-
-
75 348
Employee
47 813
-
185 625
-
pensions
3 649
-
11 204
-
income
8 707
-
53 275
-
health
624
-
2 506
-
total
12 980
-
66 985
-
Employer
47 813
-
185 625
-
health
909
-
3 527
-
pensions
4 831
-
23 848
-
total
5 740
-
27 375
-
Corporate
159 448
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.

30 295
40 471
-
-
total
30 295
40 471
-
-
Dividends
129 152
172 529
-
-
withholding
24 163
38 260
-
-
total
24 163
38 260
-
-
Income
213 000
213 000
213 000
213 000
Total tax
73 178
78 731
94 360
75 348
After tax
139 822
134 269
118 640
137 652
Living cost
34 833
34 833
34 833
34 833
Free-cash
104 989
99 436
83 807
102 819

Estimated living cost  is ₽34833 per week

₽23895
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3203
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽436
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7297
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽5313
₽94753
₽122876
₽13790
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
239
income
-
-
-
60 961
other
-
-
-
351
health
-
-
-
2 066
pensions
-
-
-
3 941
total
-
-
-
67 558
Employee
35 497
-
194 548
-
pensions
3 997
-
7 227
-
income
4 870
-
47 727
-
health
4 064
-
22 276
-
total
12 931
-
77 230
-
Employer
35 497
-
194 548
-
pensions
5 772
-
10 436
-
accident
593
-
3 249
-
unemployment
870
-
4 766
-
total
7 235
-
18 451
-
Corporate
170 269
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.

153 243
191 700
-
-
total
153 243
191 700
-
-
Dividends
17 027
21 300
-
-
withholding
3 235
4 047
-
-
total
3 235
4 047
-
-
Income
213 000
213 000
213 000
213 000
Total tax
176 644
195 747
95 681
67 558
After tax
36 356
17 253
117 319
145 442
Living cost
22 566
22 566
22 566
22 566
Free-cash
13 790
-5 313
94 753
122 876

Estimated living cost  is ₽22566 per week

₽16561
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1315
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4235
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽150332
₽144002
₽123468
₽147507
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
35 852
unemployment
-
-
-
1 792
work injury
-
-
-
747
health insurance
-
-
-
11 051
pensions
-
-
-
27 477
total
-
-
-
76 919
Employee

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

20 181
-
213 000
-
health insurance
1 493
-
5 525
-
unemployment
242
-
896
-
work injury
101
-
373
-
pensions
3 713
-
13 739
-
income
2 018
-
35 852
-
total
7 567
-
56 385
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
192 819
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%.

19 282
21 300
-
-
total
19 282
21 300
-
-
Dividends
173 537
191 700
-
-
withholding
26 031
28 755
-
-
total
26 031
28 755
-
-
Income
213 000
213 000
213 000
213 000
Total tax
52 880
50 055
56 385
76 919
After tax
160 120
162 945
156 615
136 081
Living cost
12 613
12 613
12 613
12 613
Free-cash
147 507
150 332
144 002
123 468

Estimated living cost  is ₽12613 per week

₽7814
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽917
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽393
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3489
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75001
₽55291
₽62959
₽70752
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
46 729
regional
-
-
-
5 226
municipal
-
-
-
1 497
national
-
-
-
59 395
total
-
-
-
112 847
Employee
78 675
-
213 000
-
municipal
470
-
1 366
-
national
13 295
-
53 146
-
regional
1 188
-
4 740
-
social contributions
26 529
-
61 263
-
total
41 482
-
120 515
-
Employer
78 675
-
213 000
-
total
-
-
-
-
Corporate
134 325
213 000
-
-
municipal
6 474
10 267
-
-
nationa
32 238
51 119
-
-
total
38 712
61 386
-
-
Dividends
95 613
151 613
-
-
withholding
24 860
39 419
-
-
total
24 860
39 419
-
-
Income
213 000
213 000
213 000
213 000
Total tax
105 054
100 805
120 515
112 847
After tax
107 946
112 195
92 485
100 153
Living cost
37 194
37 194
37 194
37 194
Free-cash
70 752
75 001
55 291
62 959

Estimated living cost  is ₽37194 per week

₽26127
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2558
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽562
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7946
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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