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
₽ 214000
per

Your estimated
City
free-cash

Dresden , Germany
₽77305
₽88470
₽76197
₽102513
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
214 000
trade
-
-
-
26 316
income

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

-
-
-
70 169
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.

-
-
-
6 894
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.

-
-
-
3 859
total
-
-
-
107 238
Employee

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

38 597
-
214 000
-
health

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

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

6 894
-
6 894
-
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.

59
-
3 859
-
income

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

1 078
-
70 169
-
total
8 031
-
80 922
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
175 403
214 000
-
-
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.

1 448
1 766
-
-
income
26 310
32 101
-
-
trade
27 626
33 706
-
-
chamber of commerce
406
462
-
-
total
55 790
68 035
-
-
Dividends
119 614
145 966
-
-
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.

1 624
1 986
-
-
withholding
29 520
36 109
-
-
total
31 144
38 095
-
-
Income
214 000
214 000
214 000
214 000
Total tax
94 965
106 130
80 922
107 238
After tax
119 035
107 870
133 078
106 762
Living cost
30 565
30 565
30 565
30 565
Free-cash
88 470
77 305
102 513
76 197

Estimated living cost  is ₽30565 per week

₽19226
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3564
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽7204
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82546
₽81697
₽71808
₽72956
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
214 000
municipal
-
-
-
23 704
pensions
-
-
-
25 680
national
-
-
-
39 518
social contributions
-
-
-
2 300
total
-
-
-
91 202
Employee
79 044
-
185 001
-
municipal
9 763
-
24 533
-
pensions
3 162
-
7 400
-
national
15 129
-
41 332
-
total
28 054
-
73 265
-
Employer
79 044
-
185 001
-
social contributions
850
-
1 989
-
pensions
6 324
-
14 800
-
total
7 174
-
16 789
-
Corporate
122 566
214 000
-
-
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%.

24 513
42 800
-
-
total
24 513
42 800
-
-
Dividends
98 053
171 200
-
-
withholding
21 572
37 664
-
-
total
21 572
37 664
-
-
Income
214 000
214 000
214 000
214 000
Total tax
81 313
80 464
90 054
91 202
After tax
132 687
133 536
123 946
122 798
Living cost
50 990
50 990
50 990
50 990
Free-cash
81 697
82 546
72 956
71 808

Estimated living cost  is ₽50990 per week

₽34657
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4740
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽763
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10830
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽150206
₽141927
₽55968
₽71362
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
214 000
microenterprise
-
-
-
-
income
-
-
-
43 805
surtax
-
-
-
54 569
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.

-
-
-
38 664
total
-
-
-
137 038
Employee
29 487
-
166 692
-
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.

3 244
-
13 229
-
surtax
-
-
24 171
-
income
5 249
-
36 936
-
total
8 493
-
74 336
-
Employer
29 487
-
166 692
-
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.

7 103
-
28 972
-
surtax
-
-
18 336
-
total
7 103
-
47 308
-
Corporate
177 410
214 000
-
-
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%.

35 483
42 800
-
-
total
35 483
42 800
-
-
Dividends

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

141 928
171 200
-
-
total
-
-
-
-
Income
214 000
214 000
214 000
214 000
Total tax
51 079
42 800
121 644
137 038
After tax
162 921
171 200
92 356
76 962
Living cost
20 994
20 994
20 994
20 994
Free-cash
141 927
150 206
71 362
55 968

Estimated living cost  is ₽20994 per week

₽13393
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1999
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5125
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64219
₽58035
₽73351
₽94612
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
214 000
income
-
-
-
74 109
pensions
-
-
-
11 823
health
-
-
-
12 444
total
-
-
-
98 376
Employee
86 174
86 174
195 247
-
health
13 227
11 251
12 444
-
income

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

14 105
14 105
34 094
-
pensions
15 511
11 823
11 823
-
total
42 843
37 179
58 361
-
Employer
86 174
86 174
195 247
-
unemployment
3 102
3 102
3 855
-
pensions
5 998
5 998
7 455
-
health
5 990
5 990
7 444
-
total
15 090
15 090
18 754
-
Corporate
113 793
112 735
-
-
income
22 758
22 547
-
-
total
22 758
22 547
-
-
Dividends
91 035
90 188
-
-
income
19 345
19 165
-
-
withholding
13 656
13 527
-
-
total
33 001
32 692
-
-
Income
214 000
214 000
214 000
214 000
Total tax
113 692
107 508
77 115
98 376
After tax
100 308
106 492
136 885
115 624
Living cost
42 273
42 273
42 273
42 273
Free-cash
58 035
64 219
94 612
73 351

Estimated living cost  is ₽42273 per week

₽29958
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3811
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽672
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7832
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77855
₽76979
₽68316
₽67369
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
214 000
municipal
-
-
-
56 433
accident
-
-
-
171
pensions
-
-
-
9 237
other
-
-
-
9 929
unemployment
-
-
-
85
health
-
-
-
5 332
national
-
-
-
25 508
total
-
-
-
106 695
Employee
55 556
-
187 151
-
municipal
16 567
-
55 809
-
national
-
-
24 985
-
total
16 567
-
80 794
-
Employer
55 556
-
187 151
-
accident
111
-
171
-
other
6 456
-
9 929
-
unemployment
1 467
-
2 256
-
pensions
6 006
-
9 237
-
health
3 417
-
5 255
-
total
17 457
-
26 848
-
Corporate
140 988
214 000
-
-
income
31 017
47 080
-
-
total
31 017
47 080
-
-
Dividends
109 971
166 920
-
-
withholding
32 991
50 076
-
-
total
32 991
50 076
-
-
Income
214 000
214 000
214 000
214 000
Total tax
98 032
97 156
107 642
106 695
After tax
115 968
116 844
106 358
107 305
Living cost
38 989
38 989
38 989
38 989
Free-cash
76 979
77 855
67 369
68 316

Estimated living cost  is ₽38989 per week

₽25841
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3826
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8731
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67129
₽81311
₽65950
₽93436
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
214 000
trade
-
-
-
27 486
income

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

-
-
-
70 169
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.

-
-
-
6 894
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.

-
-
-
3 859
total
-
-
-
108 408
Employee

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

51 174
-
214 000
-
health

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

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

6 894
-
6 894
-
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.

241
-
3 859
-
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.

4 397
-
70 169
-
total
11 532
-
80 922
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
162 826
214 000
-
-
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.

1 342
1 766
-
-
income
24 424
32 101
-
-
trade
26 785
35 203
-
-
chamber of commerce
385
458
-
-
total
52 936
69 528
-
-
Dividends
109 890
144 473
-
-
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.

1 490
1 965
-
-
withholding
27 089
35 736
-
-
total
28 579
37 701
-
-
Income
214 000
214 000
214 000
214 000
Total tax
93 047
107 229
80 922
108 408
After tax
120 953
106 771
133 078
105 592
Living cost
39 642
39 642
39 642
39 642
Free-cash
81 311
67 129
93 436
65 950

Estimated living cost  is ₽39642 per week

₽26513
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4180
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8357
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽123265
₽119081
₽111722
₽109941
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
214 000
income
-
-
-
47 762
health
-
-
-
5 458
social contributions
-
-
-
16 327
total
-
-
-
69 547
Employee
77 596
77 596
201 585
-
social contributions
3 771
6 440
8 686
-
health
772
1 319
3 428
-
income
8 148
7 183
46 800
-
total
12 691
14 942
58 914
-
Employer
77 596
77 596
201 585
-
social contributions
3 771
6 440
8 686
-
health
841
1 436
3 728
-
total
4 612
7 876
12 414
-
Corporate
163 967
128 527
-
-
income
20 496
16 067
-
-
total
20 496
16 067
-
-
Dividends
143 471
112 461
-
-
withholding
24 389
19 119
-
-
total
24 389
19 119
-
-
Income
214 000
214 000
214 000
214 000
Total tax
62 188
58 004
71 328
69 547
After tax
151 812
155 996
142 672
144 453
Living cost
32 731
32 731
32 731
32 731
Free-cash
119 081
123 265
109 941
111 722

Estimated living cost  is ₽32731 per week

₽22375
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2557
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7250
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽101804
₽102183
₽129913
₽105722
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
214 000
income
-
-
-
26 162
pensions
-
-
-
21 400
unemployment
-
-
-
3 210
health
-
-
-
14 980
total
-
-
-
65 752
Employee

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

The minimum wage is 138,000 HUF per month.

26 467
10 533
179 079
-
health
1 853
737
12 536
-
income
3 236
1 288
21 892
-
pensions
2 647
1 053
17 908
-
unemployment
397
158
2 686
-
total
8 133
3 236
55 022
-
Employer

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

The minimum wage is 138,000 HUF per month.

26 467
10 533
179 079
-
pensions
5 161
2 054
34 921
-
total
5 161
2 054
34 921
-
Corporate
182 372
201 413
-
-
income
16 414
18 127
-
-
total
16 414
18 127
-
-
Dividends
165 959
183 286
-
-
social contributions
32 242
35 620
-
-
withholding
31 532
34 824
-
-
total
63 774
70 444
-
-
Income
214 000
214 000
214 000
214 000
Total tax
93 482
93 861
89 943
65 752
After tax
120 518
120 139
124 057
148 248
Living cost
18 335
18 335
18 335
18 335
Free-cash
102 183
101 804
105 722
129 913

Estimated living cost  is ₽18335 per week

₽12512
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1500
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽366
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3956
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽146826
₽140555
₽90330
₽98973
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
214 000
income
-
-
-
28 675
pensions
-
-
-
42 800
health
-
-
-
27 821
total
-
-
-
99 296
Employee
28 627
-
159 940
-
income
3 223
-
30 837
-
pensions
573
-
3 198
-
unemployment
458
-
2 558
-
total
4 254
-
36 593
-
Employer
28 627
-
159 940
-
unemployment
230
-
1 279
-
pensions
5 726
-
31 988
-
health
3 721
-
20 793
-
total
9 677
-
54 060
-
Corporate
175 697
214 000
-
-
income
35 140
42 800
-
-
total
35 140
42 800
-
-
Dividends
140 557
171 200
-
-
total
-
-
-
-
Income
214 000
214 000
214 000
214 000
Total tax
49 071
42 800
90 653
99 296
After tax
164 929
171 200
123 347
114 704
Living cost
24 374
24 374
24 374
24 374
Free-cash
140 555
146 826
98 973
90 330

Estimated living cost  is ₽24374 per week

₽16718
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1452
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5714
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4737
₽13948
₽124086
₽95480
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
214 000
accident
-
-
-
253
income
-
-
-
60 856
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
67 843
Employee
34 719
-
194 917
-
health
3 975
-
22 318
-
income
4 763
-
47 394
-
pensions
3 909
-
7 654
-
total
12 647
-
77 366
-
Employer
34 719
-
194 917
-
accident
580
-
3 255
-
unemployment
851
-
4 775
-
pensions
5 646
-
11 053
-
total
7 077
-
19 083
-
Corporate
172 206
214 000
-
-
income

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

154 985
192 600
-
-
total
154 985
192 600
-
-
Dividends
17 220
21 400
-
-
withholding
3 272
4 066
-
-
total
3 272
4 066
-
-
Income
214 000
214 000
214 000
214 000
Total tax
177 981
196 666
96 449
67 843
After tax
36 019
17 334
117 551
146 157
Living cost
22 071
22 071
22 071
22 071
Free-cash
13 948
-4 737
95 480
124 086

Estimated living cost  is ₽22071 per week

₽16176
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4212
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽194221
₽192520
₽202781
₽162121
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
214 000
microenterprise

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

-
-
-
2 140
total
-
-
-
2 140
Employee
11 349
-
214 000
-
income
2 269
-
42 800
-
total
2 269
-
42 800
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

202 651
214 000
-
-
total
-
-
-
-
Dividends
202 651
214 000
-
-
withholding
10 132
10 700
-
-
total
10 132
10 700
-
-
Income
214 000
214 000
214 000
214 000
Total tax
12 401
10 700
42 800
2 140
After tax
201 599
203 300
171 200
211 860
Living cost
9 079
9 079
9 079
9 079
Free-cash
192 520
194 221
162 121
202 781

Estimated living cost  is ₽9079 per week

₽5627
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽755
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽250
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2448
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽130335
₽123522
₽99729
₽97929
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
214 000
income
-
-
-
36 513
pensions

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

-
-
-
36 829
other
-
-
-
7 288
health
-
-
-
6 752
total
-
-
-
87 382
Employee
36 640
-
175 156
-
health
513
-
2 149
-
income
6 308
-
35 914
-
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.

2 564
-
10 741
-
unemployment
366
-
1 534
-
total
9 751
-
50 338
-
Employer
36 640
-
175 156
-
accident
293
-
1 402
-
other
1 833
-
7 671
-
unemployment
366
-
1 534
-
pensions

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

6 229
-
26 088
-
health
513
-
2 149
-
total
9 234
-
38 844
-
Corporate
168 126
214 000
-
-
income
35 307
44 941
-
-
total
35 307
44 941
-
-
Dividends
132 819
169 059
-
-
withholding
9 297
11 835
-
-
total
9 297
11 835
-
-
Income
214 000
214 000
214 000
214 000
Total tax
63 589
56 776
89 182
87 382
After tax
150 411
157 224
124 818
126 618
Living cost
26 889
26 889
26 889
26 889
Free-cash
123 522
130 335
97 929
99 729

Estimated living cost  is ₽26889 per week

₽18999
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1815
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽433
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5642
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68516
₽76671
₽71510
₽52337
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
214 000
income
-
-
-
64 944
pensions
-
-
-
9 824
total
-
-
-
74 768
Employee
95 816
-
186 610
-
health
1 579
-
2 567
-
income
17 272
-
52 164
-
pensions
9 244
-
11 822
-
total
28 095
-
66 553
-
Employer
95 816
-
186 610
-
pensions
11 313
-
23 842
-
health
1 820
-
3 546
-
total
13 133
-
27 388
-
Corporate
105 051
214 000
-
-
income

It is proposed for this rate to fall to 17% from the financial year starting on 1 April, 2020. Also, where the taxable profits can be attributed to the exploitation of patents, a lower rate of 10% applies.

19 959
40 661
-
-
total
19 959
40 661
-
-
Dividends
85 092
173 339
-
-
withholding
8 420
37 101
-
-
total
8 420
37 101
-
-
Income
214 000
214 000
214 000
214 000
Total tax
69 607
77 762
93 941
74 768
After tax
144 393
136 238
120 059
139 232
Living cost
67 722
67 722
67 722
67 722
Free-cash
76 671
68 516
52 337
71 510

Estimated living cost  is ₽67722 per week

₽50745
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7957
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8470
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

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
₽169731
₽165040
₽159244
₽168025
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
214 000
income
-
-
-
32 100
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
41 517
Employee
17 531
-
207 080
-
health
806
-
1 622
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
income
1 753
-
20 708
-
pensions

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

1 539
-
3 097
-
total
4 291
-
25 815
-
Employer
17 531
-
207 080
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
unemployment
105
-
212
-
pensions

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

1 932
-
3 887
-
health
1 210
-
2 434
-
total
3 440
-
6 921
-
Corporate
193 029
214 000
-
-
income
19 303
21 400
-
-
total
19 303
21 400
-
-
Dividends
173 726
192 600
-
-
withholding
8 687
9 630
-
-
total
8 687
9 630
-
-
Income
214 000
214 000
214 000
214 000
Total tax
35 721
31 030
32 736
41 517
After tax
178 279
182 970
181 264
172 483
Living cost
13 239
13 239
13 239
13 239
Free-cash
165 040
169 731
168 025
159 244

Estimated living cost  is ₽13239 per week

₽7729
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽945
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽351
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4214
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50535
₽53072
₽59667
₽80928
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
214 000
income
-
-
-
74 109
pensions
-
-
-
11 823
health
-
-
-
12 444
total
-
-
-
98 376
Employee
93 558
86 174
195 247
-
health
11 672
11 251
12 444
-
income

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

14 105
14 105
34 094
-
pensions
11 823
11 823
11 823
-
total
37 600
37 179
58 361
-
Employer
93 558
86 174
195 247
-
unemployment
3 368
3 102
3 855
-
pensions
6 511
5 998
7 455
-
health
6 501
5 990
7 444
-
total
16 380
15 090
18 754
-
Corporate
104 061
112 735
-
-
income
20 812
22 547
-
-
total
20 812
22 547
-
-
Dividends
83 249
90 188
-
-
income
17 691
19 165
-
-
withholding
12 488
13 527
-
-
total
30 179
32 692
-
-
Income
214 000
214 000
214 000
214 000
Total tax
104 971
107 508
77 115
98 376
After tax
109 029
106 492
136 885
115 624
Living cost
55 957
55 957
55 957
55 957
Free-cash
53 072
50 535
80 928
59 667

Estimated living cost  is ₽55957 per week

₽41278
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4998
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽642
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9041
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽123172
₽114549
₽101431
₽92166
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
214 000
income
-
-
-
22 550
health
-
-
-
28 890
solidarity contribution
-
-
-
2 187
social contributions
-
-
-
34 775
total
-
-
-
88 402
Employee
35 540
-
169 015
-
social contributions
2 310
-
7 741
-
health
4 798
-
22 817
-
solidarity contribution
-
-
1 355
-
income
4 265
-
20 769
-
total
11 373
-
52 682
-
Employer
35 540
-
169 015
-
social contributions
8 885
-
29 774
-
health
3 199
-
15 211
-
total
12 084
-
44 985
-
Corporate
166 377
214 000
-
-
income
31 612
40 660
-
-
total
31 612
40 660
-
-
Dividends
134 765
173 340
-
-
withholding
20 215
26 001
-
-
total
20 215
26 001
-
-
Income
214 000
214 000
214 000
214 000
Total tax
75 284
66 661
97 667
88 402
After tax
138 716
147 339
116 333
125 598
Living cost
24 167
24 167
24 167
24 167
Free-cash
114 549
123 172
92 166
101 431

Estimated living cost  is ₽24167 per week

₽16787
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1719
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.
₽5186
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71596
₽66330
₽59736
₽51183
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
214 000
municipal
-
-
-
1 308
regional
-
-
-
2 645
national
-
-
-
57 224
social contributions
-
-
-
50 506
total
-
-
-
111 683
Employee
89 684
-
214 000
-
social contributions
30 241
-
66 215
-
regional
846
-
2 371
-
municipal
475
-
1 182
-
national
15 540
-
50 468
-
total
47 102
-
120 236
-
Employer
89 684
-
214 000
-
total
-
-
-
-
Corporate
124 316
214 000
-
-
nationa
29 835
51 360
-
-
municipal
4 849
8 346
-
-
total
34 684
59 706
-
-
Dividends
89 632
154 295
-
-
withholding
23 303
40 117
-
-
total
23 303
40 117
-
-
Income
214 000
214 000
214 000
214 000
Total tax
105 089
99 823
120 236
111 683
After tax
108 911
114 177
93 764
102 317
Living cost
42 581
42 581
42 581
42 581
Free-cash
66 330
71 596
51 183
59 736

Estimated living cost  is ₽42581 per week

₽29682
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2792
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽653
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9452
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽112339
₽109195
₽78521
₽72350
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
214 000
income
-
-
-
65 602
pensions
-
-
-
26 936
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
9 562
surtax
-
-
-
10 881
total
-
-
-
113 211
Employee
33 371
-
185 651
-
other
-
-
-
-
health
852
-
3 434
-
surtax
109
-
9 675
-
income
5 594
-
59 566
-
pensions
2 225
-
8 983
-
unemployment
2 323
-
9 374
-
total
11 103
-
91 032
-
Employer
33 371
-
185 651
-
other
-
-
-
-
unemployment
1 057
-
4 269
-
pensions
4 449
-
17 953
-
health
1 519
-
6 128
-
total
7 025
-
28 350
-
Corporate
173 605
214 000
-
-
income
45 138
55 640
-
-
total
45 138
55 640
-
-
Dividends
128 467
158 360
-
-
withholding
19 271
23 753
-
-
total
19 271
23 753
-
-
Income
214 000
214 000
214 000
214 000
Total tax
82 537
79 393
119 382
113 211
After tax
131 463
134 607
94 618
100 789
Living cost
22 268
22 268
22 268
22 268
Free-cash
109 195
112 339
72 350
78 521

Estimated living cost  is ₽22268 per week

₽13616
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2055
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6084
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89972
₽96663
₽92966
₽73793
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
214 000
income
-
-
-
64 944
pensions
-
-
-
9 824
total
-
-
-
74 768
Employee
64 213
-
186 610
-
health
932
-
2 567
-
income
11 565
-
52 164
-
pensions
5 450
-
11 822
-
total
17 947
-
66 553
-
Employer
64 213
-
186 610
-
pensions
6 951
-
23 842
-
health
1 220
-
3 546
-
total
8 171
-
27 388
-
Corporate
141 616
214 000
-
-
income

It is proposed for this rate to fall to 17% from the financial year starting on 1 April, 2020. Also, where the taxable profits can be attributed to the exploitation of patents, a lower rate of 10% applies.

26 908
40 661
-
-
total
26 908
40 661
-
-
Dividends
114 708
173 339
-
-
withholding
18 045
37 101
-
-
total
18 045
37 101
-
-
Income
214 000
214 000
214 000
214 000
Total tax
71 071
77 762
93 941
74 768
After tax
142 929
136 238
120 059
139 232
Living cost
46 266
46 266
46 266
46 266
Free-cash
96 663
89 972
73 793
92 966

Estimated living cost  is ₽46266 per week

₽34662
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3468
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7651
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽21591
₽54221
₽94050
₽85848
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
214 000
city
-
-
-
2 257
pensions
-
-
-
19 690
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.

-
-
-
4 280
regional
-
-
-
11 763
health
-
-
-
482
national
-
-
-
5 212
total
-
-
-
43 684
Employee
89 251
-
192 379
-
city
958
-
2 078
-
regional
2 923
-
10 417
-
health
202
-
433
-
pensions
7 498
-
15 226
-
unemployment
-
-
-
-
national
422
-
4 226
-
total
12 003
-
32 380
-
Employer
89 251
-
192 379
-
other

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

1 784
-
3 847
-
unemployment
-
-
-
-
pensions
7 498
-
15 226
-
health
202
-
433
-
total
9 484
-
19 506
-
Corporate
114 283
214 000
-
-
regional
24 172
45 262
-
-
national
9 714
18 189
-
-
total
33 886
63 451
-
-
Dividends
80 398
150 549
-
-
withholding
28 140
52 692
-
-
total
28 140
52 692
-
-
Income
214 000
214 000
214 000
214 000
Total tax
83 513
116 143
51 886
43 684
After tax
130 487
97 857
162 114
170 316
Living cost
76 266
76 266
76 266
76 266
Free-cash
54 221
21 591
85 848
94 050

Estimated living cost  is ₽76266 per week

₽49595
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6844
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽936
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18891
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽59442
₽75809
₽58196
₽86850
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
214 000
trade
-
-
-
28 654
income

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

-
-
-
70 169
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.

-
-
-
6 894
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.

-
-
-
3 859
total
-
-
-
109 576
Employee

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

60 646
-
214 000
-
health

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

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

6 894
-
6 894
-
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.

393
-
3 859
-
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.

7 131
-
70 169
-
total
14 418
-
80 922
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
153 354
214 000
-
-
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.

1 266
1 766
-
-
income
23 003
32 101
-
-
trade
26 300
36 701
-
-
chamber of commerce
370
454
-
-
total
50 939
71 022
-
-
Dividends
102 415
142 979
-
-
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.

1 386
1 946
-
-
withholding
25 220
35 362
-
-
total
26 606
37 308
-
-
Income
214 000
214 000
214 000
214 000
Total tax
91 963
108 330
80 922
109 576
After tax
122 037
105 670
133 078
104 424
Living cost
46 228
46 228
46 228
46 228
Free-cash
75 809
59 442
86 850
58 196

Estimated living cost  is ₽46228 per week

₽33763
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3698
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽601
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8167
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73331
₽79294
₽83707
₽78265
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
214 000
income
-
-
-
38 153
pensions
-
-
-
34 704
other
-
-
-
6 634
health
-
-
-
10 180
surtax
-
-
-
-
social contributions
-
-
-
6 097
total
-
-
-
95 768
Employee
43 189
-
163 801
-
social contributions
1 231
-
4 667
-
surtax
-
-
-
-
income
2 549
-
34 199
-
pensions
4 883
-
12 145
-
total
8 663
-
51 011
-
Employer
43 189
-
163 801
-
other
1 490
-
6 711
-
social contributions
130
-
492
-
unemployment
1 748
-
6 634
-
pensions
7 095
-
20 311
-
health
3 024
-
16 051
-
total
13 487
-
50 199
-
Corporate
157 324
214 000
-
-
surtax
-
-
-
-
income
44 050
59 920
-
-
total
44 050
59 920
-
-
Dividends
113 274
154 080
-
-
surtax
-
-
-
-
social contributions
19 483
26 502
-
-
withholding
14 498
19 722
-
-
total
33 981
46 224
-
-
Income
214 000
214 000
214 000
214 000
Total tax
100 181
106 144
101 210
95 768
After tax
113 819
107 856
112 790
118 232
Living cost
34 525
34 525
34 525
34 525
Free-cash
79 294
73 331
78 265
83 707

Estimated living cost  is ₽34525 per week

₽21770
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2807
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽588
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9362
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76751
₽82358
₽87127
₽81685
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
214 000
income
-
-
-
38 153
pensions
-
-
-
34 704
other
-
-
-
6 634
health
-
-
-
10 180
surtax
-
-
-
-
social contributions
-
-
-
6 097
total
-
-
-
95 768
Employee
38 552
-
163 801
-
social contributions
1 099
-
4 667
-
surtax
-
-
-
-
income
1 988
-
34 199
-
pensions
4 360
-
12 145
-
total
7 447
-
51 011
-
Employer
38 552
-
163 801
-
other
1 331
-
6 711
-
social contributions
115
-
492
-
unemployment
1 561
-
6 634
-
pensions
6 335
-
20 311
-
health
2 698
-
16 051
-
total
12 040
-
50 199
-
Corporate
163 409
214 000
-
-
surtax
-
-
-
-
income
45 755
59 920
-
-
total
45 755
59 920
-
-
Dividends
117 654
154 080
-
-
surtax
-
-
-
-
social contributions
20 236
26 502
-
-
withholding
15 059
19 722
-
-
total
35 295
46 224
-
-
Income
214 000
214 000
214 000
214 000
Total tax
100 537
106 144
101 210
95 768
After tax
113 463
107 856
112 790
118 232
Living cost
31 105
31 105
31 105
31 105
Free-cash
82 358
76 751
81 685
87 127

Estimated living cost  is ₽31105 per week

₽18039
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3160
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9316
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽109162
₽109686
₽116031
₽110554
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
214 000
income
-
-
-
32 101
health
-
-
-
14 937
social contributions
-
-
-
29 533
total
-
-
-
76 571
Employee
34 215
-
214 000
-
social contributions
4 722
-
29 533
-
health
2 388
-
14 937
-
income
5 707
-
37 578
-
total
12 817
-
82 048
-
Employer
34 215
-
214 000
-
total
-
-
-
-
Corporate
179 785
214 000
-
-
income

The standard tax rate is 15%. However, small companies and agricultural companies can apply a reduced corporate income tax rate of 0% to the first year of operation when certain conditions are met; and 5% to revenues of less than €300,000 per year. We made calculations based on 5% and skipped 0%.

8 989
10 701
-
-
total
8 989
10 701
-
-
Dividends
170 796
203 299
-
-
health
11 921
14 190
-
-
social contributions
23 570
28 055
-
-
withholding
25 619
30 494
-
-
total
61 110
72 739
-
-
Income
214 000
214 000
214 000
214 000
Total tax
82 916
83 440
82 048
76 571
After tax
131 084
130 560
131 952
137 429
Living cost
21 398
21 398
21 398
21 398
Free-cash
109 686
109 162
110 554
116 031

Estimated living cost  is ₽21398 per week

₽14320
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1319
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5264
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Vilnius model

Close
Vienna , Austria
₽82504
₽80941
₽74285
₽20685
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
214 000
chamber of commerce
-
-
-
856
income
-
-
-
66 086
pensions
-
-
-
21 810
unemployment
-
-
-
6 189
health
-
-
-
9 018
surtax
-
-
-
199
total
-
-
-
104 158
Employee
50 431
40 215
175 656
-
other
504
402
1 180
-
health
1 951
1 557
4 561
-
income
5 741
2 966
55 108
-
pensions
5 165
4 117
12 072
-
unemployment
1 513
1 206
3 537
-
total
14 874
10 248
76 458
-
Employer
50 431
40 215
175 656
-
accident
655
523
1 532
-
other
2 396
1 909
7 851
-
chamber of commerce
201
161
703
-
unemployment
1 513
1 206
3 537
-
surtax
199
199
199
-
pensions
6 329
5 048
14 795
-
payroll
1 513
1 206
5 270
-
health
1 905
1 520
4 456
-
total
14 711
11 772
38 343
-
Corporate
148 858
162 012
171 826
-
income

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

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

37 214
40 504
42 957
-
total
37 214
40 504
42 957
-
Dividends
111 644
121 508
-
-
withholding
30 703
33 415
-
-
total
30 703
33 415
-
-
Income
214 000
214 000
214 000
214 000
Total tax
97 502
95 939
157 758
104 158
After tax
116 498
118 061
56 242
109 842
Living cost
35 557
35 557
35 557
35 557
Free-cash
80 941
82 504
20 685
74 285

Estimated living cost  is ₽35557 per week

₽23715
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3033
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8225
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81369
₽67679
₽56217
₽36526
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
214 000
national
-
-
-
84 499
communal

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

-
-
-
11 331
social contributions
-
-
-
25 159
total
-
-
-
120 989
Employee

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

72 183
-
165 746
-
communal

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

3 765
-
8 644
-
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.

3 391
-
7 790
-
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.

5 414
-
12 430
-
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.

628
-
1 442
-
national
22 192
-
62 120
-
total
35 390
-
92 426
-
Employer

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

72 183
-
165 746
-
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.

938
-
2 156
-
unemployment

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

1 053
-
2 421
-
surtax
8 185
-
18 798
-
pensions

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

6 396
-
14 686
-
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.

4 439
-
10 193
-
total
21 011
-
48 254
-
Corporate
120 806
214 000
-
-
surtax
483
896
-
-
income
24 161
44 826
-
-
total
24 644
45 722
-
-
Dividends
96 162
168 278
-
-
withholding

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

28 482
50 115
-
-
total
28 482
50 115
-
-
Income
214 000
214 000
214 000
214 000
Total tax
109 527
95 837
140 680
120 989
After tax
104 473
118 163
73 320
93 011
Living cost
36 794
36 794
36 794
36 794
Free-cash
67 679
81 369
36 526
56 217

Estimated living cost  is ₽36794 per week

₽23700
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3217
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽576
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9301
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽105764
₽98853
₽83246
₽79011
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
214 000
accident
-
-
-
843
income
-
-
-
66 250
pensions
-
-
-
26 469
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
94 311
Employee
50 231
-
184 182
-
other
50
-
94
-
income
10 598
-
62 786
-
pensions
2 361
-
4 397
-
unemployment
779
-
1 450
-
total
13 788
-
68 727
-
Employer
50 231
-
184 182
-
accident
994
-
1 852
-
other
400
-
749
-
unemployment
2 763
-
5 144
-
pensions
11 854
-
22 074
-
total
16 011
-
29 819
-
Corporate
147 758
214 000
-
-
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.

22 164
32 101
-
-
total
22 164
32 101
-
-
Dividends
125 593
181 899
-
-
withholding
26 741
39 692
-
-
total
26 741
39 692
-
-
Income
214 000
214 000
214 000
214 000
Total tax
78 704
71 793
98 546
94 311
After tax
135 296
142 207
115 454
119 689
Living cost
36 443
36 443
36 443
36 443
Free-cash
98 853
105 764
79 011
83 246

Estimated living cost  is ₽36443 per week

₽26837
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2585
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6496
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67408
₽53614
₽46905
₽55436
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
214 000
accident
-
-
-
1 804
income
-
-
-
39 205
pensions
-
-
-
32 076
health
-
-
-
15 035
surtax
-
-
-
10 609
communal
-
-
-
13 526
total
-
-
-
112 255
Employee
76 419
-
191 156
-
health
3 401
-
8 506
-
surtax
4 684
-
11 716
-
income
7 381
-
45 365
-
pensions
6 113
-
15 293
-
total
21 579
-
80 880
-
Employer
76 419
-
191 156
-
accident
687
-
1 720
-
pensions
6 113
-
15 293
-
health
2 331
-
5 831
-
total
9 131
-
22 844
-
Corporate
128 450
214 000
-
-
surtax
1 348
2 246
-
-
communal
8 671
14 445
-
-
income
19 267
32 101
-
-
total
29 286
48 792
-
-
Dividends
99 164
165 208
-
-
income
30 676
18 179
-
-
withholding
14 874
24 782
-
-
total
45 550
42 961
-
-
Income
214 000
214 000
214 000
214 000
Total tax
105 546
91 753
103 724
112 255
After tax
108 454
122 247
110 276
101 745
Living cost
54 839
54 839
54 839
54 839
Free-cash
53 614
67 408
55 436
46 905

Estimated living cost  is ₽54839 per week

₽41138
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3323
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9797
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽111941
₽108730
₽78123
₽71952
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
214 000
income
-
-
-
65 602
pensions
-
-
-
26 936
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
9 562
surtax
-
-
-
10 881
total
-
-
-
113 211
Employee
33 983
-
185 651
-
other
-
-
-
-
health
867
-
3 434
-
surtax
121
-
9 675
-
income
5 697
-
59 566
-
pensions
2 267
-
8 983
-
unemployment
2 365
-
9 374
-
total
11 317
-
91 032
-
Employer
33 983
-
185 651
-
other
-
-
-
-
unemployment
1 078
-
4 269
-
pensions
4 531
-
17 953
-
health
1 545
-
6 128
-
total
7 154
-
28 350
-
Corporate
172 862
214 000
-
-
income
44 945
55 640
-
-
total
44 945
55 640
-
-
Dividends
127 917
158 360
-
-
withholding
19 188
23 753
-
-
total
19 188
23 753
-
-
Income
214 000
214 000
214 000
214 000
Total tax
82 604
79 393
119 382
113 211
After tax
131 396
134 607
94 618
100 789
Living cost
22 666
22 666
22 666
22 666
Free-cash
108 730
111 941
71 952
78 123

Estimated living cost  is ₽22666 per week

₽13684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1971
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6486
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85299
₽83061
₽74459
₽65952
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
214 000
municipal
-
-
-
1 308
regional
-
-
-
3 320
national
-
-
-
57 224
social contributions
-
-
-
50 506
total
-
-
-
112 358
Employee
55 977
-
214 000
-
social contributions
18 876
-
66 215
-
regional
754
-
3 000
-
municipal
297
-
1 182
-
national
8 868
-
50 468
-
total
28 795
-
120 865
-
Employer
55 977
-
214 000
-
total
-
-
-
-
Corporate
158 023
214 000
-
-
nationa
37 926
51 360
-
-
municipal
7 853
10 636
-
-
total
45 779
61 996
-
-
Dividends
112 243
152 004
-
-
withholding
29 182
39 522
-
-
total
29 182
39 522
-
-
Income
214 000
214 000
214 000
214 000
Total tax
103 756
101 518
120 865
112 358
After tax
110 244
112 482
93 135
101 642
Living cost
27 183
27 183
27 183
27 183
Free-cash
83 061
85 299
65 952
74 459

Estimated living cost  is ₽27183 per week

₽16906
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2754
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7059
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽117559
₽106935
₽95818
₽86553
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
214 000
income
-
-
-
22 550
health
-
-
-
28 890
solidarity contribution
-
-
-
2 187
social contributions
-
-
-
34 775
total
-
-
-
88 402
Employee
43 794
-
169 015
-
social contributions
2 847
-
7 741
-
health
5 912
-
22 817
-
solidarity contribution
-
-
1 355
-
income
5 255
-
20 769
-
total
14 014
-
52 682
-
Employer
43 794
-
169 015
-
social contributions
10 949
-
29 774
-
health
3 941
-
15 211
-
total
14 890
-
44 985
-
Corporate
155 316
214 000
-
-
income
29 510
40 660
-
-
total
29 510
40 660
-
-
Dividends
125 806
173 340
-
-
withholding
18 871
26 001
-
-
total
18 871
26 001
-
-
Income
214 000
214 000
214 000
214 000
Total tax
77 285
66 661
97 667
88 402
After tax
136 715
147 339
116 333
125 598
Living cost
29 780
29 780
29 780
29 780
Free-cash
106 935
117 559
86 553
95 818

Estimated living cost  is ₽29780 per week

₽22146
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1650
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5469
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85974
₽85476
₽77847
₽24097
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
214 000
chamber of commerce
-
-
-
856
income
-
-
-
66 086
pensions
-
-
-
21 810
unemployment
-
-
-
6 189
health
-
-
-
9 018
surtax
-
-
-
-
total
-
-
-
103 959
Employee
44 111
40 215
175 842
-
other
440
402
1 180
-
health
1 706
1 557
4 561
-
income
3 930
2 966
55 198
-
pensions
4 517
4 117
12 072
-
unemployment
1 323
1 206
3 537
-
total
11 916
10 248
76 548
-
Employer
44 111
40 215
175 842
-
accident
573
523
1 532
-
other
2 095
1 909
7 859
-
chamber of commerce
176
161
703
-
unemployment
1 323
1 206
3 537
-
surtax
-
-
-
-
pensions
5 536
5 048
14 795
-
payroll
1 323
1 206
5 276
-
health
1 668
1 520
4 456
-
total
12 694
11 573
38 158
-
Corporate
157 194
162 211
172 012
-
income

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

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

39 299
40 554
43 003
-
total
39 299
40 554
43 003
-
Dividends
117 895
121 657
-
-
withholding
32 421
33 457
-
-
total
32 421
33 457
-
-
Income
214 000
214 000
214 000
214 000
Total tax
96 330
95 832
157 709
103 959
After tax
117 670
118 168
56 291
110 041
Living cost
32 194
32 194
32 194
32 194
Free-cash
85 476
85 974
24 097
77 847

Estimated living cost  is ₽32194 per week

₽19313
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3288
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9020
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽189151
₽186498
₽197711
₽157051
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
214 000
microenterprise

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

-
-
-
2 140
total
-
-
-
2 140
Employee
17 686
-
214 000
-
income
3 537
-
42 800
-
total
3 537
-
42 800
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

196 314
214 000
-
-
total
-
-
-
-
Dividends
196 314
214 000
-
-
withholding
9 816
10 700
-
-
total
9 816
10 700
-
-
Income
214 000
214 000
214 000
214 000
Total tax
13 353
10 700
42 800
2 140
After tax
200 647
203 300
171 200
211 860
Living cost
14 149
14 149
14 149
14 149
Free-cash
186 498
189 151
157 051
197 711

Estimated living cost  is ₽14149 per week

₽9574
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽594
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3505
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽120270
₽111830
₽73659
₽69013
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
214 000
income
-
-
-
52 812
pensions
-
-
-
39 081
unemployment
-
-
-
322
health
-
-
-
21 059
total
-
-
-
113 274
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.

44 623
-
185 168
-
health
2 882
-
11 963
-
income
7 695
-
48 165
-
pensions
6 917
-
28 702
-
unemployment
63
-
259
-
total
17 557
-
89 089
-
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.

44 623
-
185 168
-
unemployment
27
-
111
-
pensions
3 949
-
16 387
-
health
2 972
-
12 333
-
total
6 948
-
28 831
-
Corporate
162 429
214 000
-
-
income
30 862
40 661
-
-
total
30 862
40 661
-
-
Dividends
131 567
173 339
-
-
withholding
19 736
26 002
-
-
total
19 736
26 002
-
-
Income
214 000
214 000
214 000
214 000
Total tax
75 103
66 663
117 920
113 274
After tax
138 897
147 337
96 080
100 726
Living cost
27 067
27 067
27 067
27 067
Free-cash
111 830
120 270
69 013
73 659

Estimated living cost  is ₽27067 per week

₽18575
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1735
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6233
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86633
₽38608
₽104326
₽157152
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
214 000
income
-
-
-
41 713
social contributions
-
-
-
24 396
total
-
-
-
66 109
Employee
62 466
-
-
-
social contributions
5 122
-
730
-
income
13 779
-
-
-
total
18 901
-
730
-
Employer
62 466
-
-
-
social contributions
88 077
-
12 553
-
total
88 077
-
12 553
-
Corporate
63 456
214 000
-
-
income
13 960
47 080
-
-
total
13 960
47 080
-
-
Dividends
49 496
166 920
-
-
income
10 889
36 722
-
-
total
10 889
36 722
-
-
Income
214 000
214 000
214 000
214 000
Total tax
131 827
83 802
13 283
66 109
After tax
82 173
130 198
200 717
147 891
Living cost
43 565
43 565
43 565
43 565
Free-cash
38 608
86 633
157 152
104 326

Estimated living cost  is ₽43565 per week

₽28267
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4097
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10646
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90069
₽89054
₽80627
₽64386
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
214 000
income
-
-
-
27 355
surtax
-
-
-
-
social contributions

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

-
-
-
74 365
total
-
-
-
101 720
Employee
46 411
-
172 929
-
social contributions
5 105
-
19 022
-
surtax
-
-
17
-
income
9 654
-
57 851
-
total
14 759
-
76 890
-
Employer
46 411
-
172 929
-
social contributions
11 023
-
41 071
-
total
11 023
-
41 071
-
Corporate
156 566
214 000
-
-
surtax
-
-
-
-
income
32 878
44 941
-
-
total
32 878
44 941
-
-
Dividends
123 687
169 059
-
-
withholding
34 633
47 337
-
-
total
34 633
47 337
-
-
Income
214 000
214 000
214 000
214 000
Total tax
93 293
92 278
117 961
101 720
After tax
120 707
121 722
96 039
112 280
Living cost
31 653
31 653
31 653
31 653
Free-cash
89 054
90 069
64 386
80 627

Estimated living cost  is ₽31653 per week

₽23683
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1867
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽529
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5575
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59117
₽66052
₽69493
₽64051
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
214 000
income
-
-
-
38 153
pensions
-
-
-
34 704
other
-
-
-
6 634
health
-
-
-
10 180
surtax
-
-
-
-
social contributions
-
-
-
6 097
total
-
-
-
95 768
Employee
63 203
-
163 801
-
social contributions
1 800
-
4 667
-
surtax
-
-
-
-
income
5 515
-
34 199
-
pensions
7 149
-
12 145
-
total
14 464
-
51 011
-
Employer
63 203
-
163 801
-
other
2 181
-
6 711
-
social contributions
190
-
492
-
unemployment
2 560
-
6 634
-
pensions
10 385
-
20 311
-
health
4 424
-
16 051
-
total
19 740
-
50 199
-
Corporate
131 057
214 000
-
-
surtax
-
-
-
-
income
36 697
59 920
-
-
total
36 697
59 920
-
-
Dividends
94 361
154 080
-
-
surtax
-
-
-
-
social contributions
16 230
26 502
-
-
withholding
12 078
19 722
-
-
total
28 308
46 224
-
-
Income
214 000
214 000
214 000
214 000
Total tax
99 209
106 144
101 210
95 768
After tax
114 791
107 856
112 790
118 232
Living cost
48 739
48 739
48 739
48 739
Free-cash
66 052
59 117
64 051
69 493

Estimated living cost  is ₽48739 per week

₽32986
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3987
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽668
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11097
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽162266
₽158877
₽126021
₽131709
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
214 000
income
-
-
-
10 565
social contributions
-
-
-
47 080
total
-
-
-
57 645
Employee
32 442
-
185 281
-
income
-
-
11 195
-
social contributions
2 108
-
12 043
-
total
2 108
-
23 238
-
Employer
32 442
-
185 281
-
social contributions
5 029
-
28 719
-
total
5 029
-
28 719
-
Corporate
176 529
214 000
-
-
income
17 652
21 400
-
-
total
17 652
21 400
-
-
Dividends
158 877
192 600
-
-
total
-
-
-
-
Income
214 000
214 000
214 000
214 000
Total tax
24 789
21 400
51 957
57 645
After tax
189 211
192 600
162 043
156 355
Living cost
30 334
30 334
30 334
30 334
Free-cash
158 877
162 266
131 709
126 021

Estimated living cost  is ₽30334 per week

₽19613
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2286
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.
₽7863
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5958
-₽5958
₽75503
-₽5958
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
214 000
municipal
-
-
-
45 651
pensions
-
-
-
875
national
-
-
-
26 301
labour market
-
-
-
17 050
total
-
-
-
89 877
Employee
205 213
205 213
205 213
-
labour market
16 394
16 394
16 394
-
national
25 070
25 070
25 070
-
municipal
43 699
43 699
43 699
-
pensions
292
292
292
-
total
85 455
85 455
85 455
-
Employer
205 213
205 213
205 213
-
labour market
16 417
16 417
16 417
-
municipal
43 769
43 769
43 769
-
pensions
583
583
583
-
national
25 114
25 114
25 114
-
total
85 883
85 883
85 883
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
214 000
214 000
214 000
214 000
Total tax
171 338
171 338
171 338
89 877
After tax
42 662
42 662
42 662
124 123
Living cost
48 620
48 620
48 620
48 620
Free-cash
-5 958
-5 958
-5 958
75 503

Estimated living cost  is ₽48620 per week

₽33276
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4301
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽748
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10295
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4411
₽13999
₽124412
₽95806
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
214 000
accident
-
-
-
253
income
-
-
-
60 856
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
67 843
Employee
34 207
-
194 917
-
health
3 917
-
22 318
-
income
4 693
-
47 394
-
pensions
3 852
-
7 654
-
total
12 462
-
77 366
-
Employer
34 207
-
194 917
-
accident
571
-
3 255
-
unemployment
838
-
4 775
-
pensions
5 562
-
11 053
-
total
6 971
-
19 083
-
Corporate
172 822
214 000
-
-
income

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

155 540
192 600
-
-
total
155 540
192 600
-
-
Dividends
17 282
21 400
-
-
withholding
3 283
4 066
-
-
total
3 283
4 066
-
-
Income
214 000
214 000
214 000
214 000
Total tax
178 256
196 666
96 449
67 843
After tax
35 744
17 334
117 551
146 157
Living cost
21 745
21 745
21 745
21 745
Free-cash
13 999
-4 411
95 806
124 412

Estimated living cost  is ₽21745 per week

₽15828
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1240
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4269
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93103
₽96217
₽94017
₽69505
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
214 000
municipal
-
-
-
38 003
health
-
-
-
2 874
national
-
-
-
40 363
total
-
-
-
81 240
Employee
53 092
-
180 028
-
health
396
-
2 352
-
municipal
8 696
-
29 309
-
pensions
3 583
-
12 153
-
unemployment
797
-
2 700
-
national
877
-
25 267
-
total
14 349
-
71 781
-
Employer
53 092
-
180 028
-
accident
54
-
180
-
unemployment
345
-
1 170
-
pensions
9 211
-
31 235
-
health
408
-
1 386
-
total
10 018
-
33 971
-
Corporate
150 891
214 000
-
-
income
30 178
42 800
-
-
total
30 178
42 800
-
-
Dividends

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

90 535
128 400
-
-
national
8 198
16 242
-
-
municipal
16 297
23 112
-
-
total
24 495
39 354
-
-
Income
214 000
214 000
214 000
214 000
Total tax
79 040
82 154
105 752
81 240
After tax
134 960
131 846
108 248
132 760
Living cost
38 743
38 743
38 743
38 743
Free-cash
96 217
93 103
69 505
94 017

Estimated living cost  is ₽38743 per week

₽25307
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽617
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9094
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽132632
₽127140
₽121089
₽119308
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
214 000
income
-
-
-
47 762
health
-
-
-
5 458
social contributions
-
-
-
16 327
total
-
-
-
69 547
Employee
77 596
77 596
201 585
-
social contributions
2 934
6 440
8 686
-
health
601
1 319
3 428
-
income
8 449
7 183
46 800
-
total
11 984
14 942
58 914
-
Employer
77 596
77 596
201 585
-
social contributions
2 934
6 440
8 686
-
health
653
1 436
3 728
-
total
3 587
7 876
12 414
-
Corporate
175 065
128 527
-
-
income
21 883
16 067
-
-
total
21 883
16 067
-
-
Dividends
153 183
112 461
-
-
withholding
26 042
19 119
-
-
total
26 042
19 119
-
-
Income
214 000
214 000
214 000
214 000
Total tax
63 496
58 004
71 328
69 547
After tax
150 504
155 996
142 672
144 453
Living cost
23 364
23 364
23 364
23 364
Free-cash
127 140
132 632
119 308
121 089

Estimated living cost  is ₽23364 per week

₽14002
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2292
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6553
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽161191
₽156056
₽165806
₽145565
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
214 000
income
-
-
-
22 072
pensions
-
-
-
6 419
unemployment
-
-
-
29
health
-
-
-
3 652
total
-
-
-
32 172
Employee

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

23 163
-
204 138
-
health
1 969
-
8 139
-
income
1 584
-
19 571
-
pensions
3 474
-
14 362
-
unemployment
115
-
479
-
total
7 142
-
42 551
-
Employer

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

23 163
-
204 138
-
unemployment
115
-
479
-
pensions
1 273
-
5 266
-
health
996
-
4 117
-
total
2 384
-
9 862
-
Corporate
188 453
214 000
-
-
income
16 961
19 261
-
-
total
16 961
19 261
-
-
Dividends
171 492
194 739
-
-
withholding
15 435
17 526
-
-
total
15 435
17 526
-
-
Income
214 000
214 000
214 000
214 000
Total tax
41 922
36 787
52 413
32 172
After tax
172 078
177 213
161 587
181 828
Living cost
16 022
16 022
16 022
16 022
Free-cash
156 056
161 191
145 565
165 806

Estimated living cost  is ₽16022 per week

₽10222
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.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4167
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽114457
₽110002
₽91939
₽87704
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
214 000
accident
-
-
-
843
income
-
-
-
66 250
pensions
-
-
-
26 469
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
94 311
Employee
37 313
-
184 182
-
other
36
-
94
-
income
7 194
-
62 786
-
pensions
1 754
-
4 397
-
unemployment
578
-
1 450
-
total
9 562
-
68 727
-
Employer
37 313
-
184 182
-
accident
739
-
1 852
-
other
299
-
749
-
unemployment
2 053
-
5 144
-
pensions
8 805
-
22 074
-
total
11 896
-
29 819
-
Corporate
164 791
214 000
-
-
income

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

24 719
32 101
-
-
total
24 719
32 101
-
-
Dividends
140 072
181 899
-
-
withholding
30 071
39 692
-
-
total
30 071
39 692
-
-
Income
214 000
214 000
214 000
214 000
Total tax
76 248
71 793
98 546
94 311
After tax
137 752
142 207
115 454
119 689
Living cost
27 750
27 750
27 750
27 750
Free-cash
110 002
114 457
87 704
91 939

Estimated living cost  is ₽27750 per week

₽18730
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2668
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.
₽5866
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽130780
₽130326
₽134725
₽134528
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
214 000
income
-
-
-
73 051
pensions
-
-
-
2 010
health
-
-
-
1 458
total
-
-
-
76 519
Employee
4 198
-
211 738
-
health
210
-
503
-
income
812
-
72 945
-
pensions
378
-
905
-
unemployment
42
-
101
-
total
1 442
-
74 454
-
Employer
4 198
-
211 738
-
unemployment
84
-
201
-
pensions
462
-
1 106
-
health
399
-
955
-
total
945
-
2 262
-
Corporate
208 858
214 000
-
-
income
45 949
47 080
-
-
total
45 949
47 080
-
-
Dividends
162 909
166 920
-
-
withholding
32 582
33 384
-
-
total
32 582
33 384
-
-
Income
214 000
214 000
214 000
214 000
Total tax
80 918
80 464
76 716
76 519
After tax
133 082
133 536
137 284
137 481
Living cost
2 756
2 756
2 756
2 756
Free-cash
130 326
130 780
134 528
134 725

Estimated living cost  is ₽2756 per week

₽1638
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽63
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽832
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽137162
₽132197
₽119070
₽119071
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
214 000
income
-
-
-
49 284
pensions
-
-
-
19 392
unemployment
-
-
-
1 119
health
-
-
-
7 682
total
-
-
-
77 477
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.

26 319
-
200 649
-
health
1 355
-
3 841
-
income
3 628
-
49 284
-
pensions
3 685
-
10 442
-
unemployment
197
-
559
-
total
8 865
-
64 126
-
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.

26 319
-
200 649
-
unemployment
197
-
559
-
pensions
3 158
-
8 950
-
health
1 355
-
3 841
-
total
4 710
-
13 350
-
Corporate
182 970
214 000
-
-
income
27 446
32 100
-
-
total
27 446
32 100
-
-
Dividends
155 525
181 900
-
-
withholding
23 329
27 285
-
-
total
23 329
27 285
-
-
Income
214 000
214 000
214 000
214 000
Total tax
64 350
59 385
77 476
77 477
After tax
149 650
154 615
136 524
136 523
Living cost
17 453
17 453
17 453
17 453
Free-cash
132 197
137 162
119 071
119 070

Estimated living cost  is ₽17453 per week

₽11751
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1350
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽505
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3847
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94517
₽94153
₽85075
₽68834
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
214 000
income
-
-
-
27 355
surtax
-
-
-
-
social contributions

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

-
-
-
74 365
total
-
-
-
101 720
Employee
39 166
-
172 929
-
social contributions
4 309
-
19 022
-
surtax
-
-
17
-
income
7 653
-
57 851
-
total
11 962
-
76 890
-
Employer
39 166
-
172 929
-
social contributions
9 301
-
41 071
-
total
9 301
-
41 071
-
Corporate
165 533
214 000
-
-
surtax
-
-
-
-
income
34 763
44 941
-
-
total
34 763
44 941
-
-
Dividends
130 770
169 059
-
-
withholding
36 616
47 337
-
-
total
36 616
47 337
-
-
Income
214 000
214 000
214 000
214 000
Total tax
92 642
92 278
117 961
101 720
After tax
121 358
121 722
96 039
112 280
Living cost
27 205
27 205
27 205
27 205
Free-cash
94 153
94 517
68 834
85 075

Estimated living cost  is ₽27205 per week

₽19269
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1890
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5565
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽106742
₽100140
₽84224
₽79989
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
214 000
accident
-
-
-
843
income
-
-
-
66 250
pensions
-
-
-
26 469
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
94 311
Employee
48 736
-
184 182
-
other
48
-
94
-
income
10 179
-
62 786
-
pensions
2 290
-
4 397
-
unemployment
755
-
1 450
-
total
13 272
-
68 727
-
Employer
48 736
-
184 182
-
accident
965
-
1 852
-
other
391
-
749
-
unemployment
2 681
-
5 144
-
pensions
11 501
-
22 074
-
total
15 538
-
29 819
-
Corporate
149 726
214 000
-
-
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.

22 459
32 101
-
-
total
22 459
32 101
-
-
Dividends
127 267
181 899
-
-
withholding
27 126
39 692
-
-
total
27 126
39 692
-
-
Income
214 000
214 000
214 000
214 000
Total tax
78 395
71 793
98 546
94 311
After tax
135 605
142 207
115 454
119 689
Living cost
35 465
35 465
35 465
35 465
Free-cash
100 140
106 742
79 989
84 224

Estimated living cost  is ₽35465 per week

₽25469
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2758
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6739
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽165599
₽159445
₽155112
₽163893
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
214 000
income
-
-
-
32 100
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
41 517
Employee
23 001
-
207 080
-
health
1 058
-
1 622
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
income
2 300
-
20 708
-
pensions

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

2 019
-
3 097
-
total
5 630
-
25 815
-
Employer
23 001
-
207 080
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
unemployment
138
-
212
-
pensions

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

2 535
-
3 887
-
health
1 587
-
2 434
-
total
4 513
-
6 921
-
Corporate
186 486
214 000
-
-
income
18 649
21 400
-
-
total
18 649
21 400
-
-
Dividends
167 837
192 600
-
-
withholding
8 392
9 630
-
-
total
8 392
9 630
-
-
Income
214 000
214 000
214 000
214 000
Total tax
37 184
31 030
32 736
41 517
After tax
176 816
182 970
181 264
172 483
Living cost
17 371
17 371
17 371
17 371
Free-cash
159 445
165 599
163 893
155 112

Estimated living cost  is ₽17371 per week

₽11489
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽994
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽414
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4474
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71114
₽84316
₽70143
₽94119
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
214 000
trade
-
-
-
23 976
income

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

-
-
-
70 169
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.

-
-
-
6 894
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.

-
-
-
3 859
total
-
-
-
104 898
Employee

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

50 210
-
214 000
-
health

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

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

6 894
-
6 894
-
surtax

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

228
-
3 859
-
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.

4 129
-
70 169
-
total
11 251
-
80 922
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
163 790
214 000
-
-
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.

1 352
1 766
-
-
income
24 569
32 101
-
-
trade
23 505
30 709
-
-
chamber of commerce
393
467
-
-
total
49 819
65 043
-
-
Dividends
113 972
148 957
-
-
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.

1 545
2 028
-
-
withholding
28 110
36 856
-
-
total
29 655
38 884
-
-
Income
214 000
214 000
214 000
214 000
Total tax
90 725
103 927
80 922
104 898
After tax
123 275
110 073
133 078
109 102
Living cost
38 959
38 959
38 959
38 959
Free-cash
84 316
71 114
94 119
70 143

Estimated living cost  is ₽38959 per week

₽26875
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4192
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7327
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92317
₽94543
₽51053
₽51053
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
214 000
income
-
-
-
68 920
social contributions
-
-
-
36 543
total
-
-
-
105 463
Employee
78 935
-
214 000
-
income
14 895
-
68 920
-
social contributions
6 558
-
36 543
-
total
21 453
-
105 463
-
Employer
78 935
-
214 000
-
total
-
-
-
-
Corporate
135 065
214 000
-
-
income
16 883
26 750
-
-
total
16 883
26 750
-
-
Dividends
118 182
187 250
-
-
withholding
23 637
37 449
-
-
total
23 637
37 449
-
-
Income
214 000
214 000
214 000
214 000
Total tax
61 973
64 199
105 463
105 463
After tax
152 027
149 801
108 537
108 537
Living cost
57 484
57 484
57 484
57 484
Free-cash
94 543
92 317
51 053
51 053

Estimated living cost  is ₽57484 per week

₽43733
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4684
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8518
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97137
₽100665
₽138527
₽113314
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
214 000
income
-
-
-
32 101
health

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

-
-
-
6 741
total
-
-
-
38 842
Employee
46 292
-
209 358
-
income
5 023
-
54 771
-
social contributions
4 638
-
4 642
-
total
9 661
-
59 413
-
Employer
46 292
-
209 358
-
social contributions
4 638
-
4 642
-
total
4 638
-
4 642
-
Corporate
163 070
214 000
-
-
income
57 074
74 901
-
-
total
57 074
74 901
-
-
Dividends
105 995
139 099
-
-
social contributions
5 331
5 331
-
-
total
5 331
5 331
-
-
Income
214 000
214 000
214 000
214 000
Total tax
76 704
80 232
64 055
38 842
After tax
137 296
133 768
149 945
175 158
Living cost
36 631
36 631
36 631
36 631
Free-cash
100 665
97 137
113 314
138 527

Estimated living cost  is ₽36631 per week

₽24129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2888
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9052
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98625
₽104623
₽101619
₽82446
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
214 000
income
-
-
-
64 944
pensions
-
-
-
9 824
total
-
-
-
74 768
Employee
51 629
-
186 610
-
health
673
-
2 567
-
income
9 402
-
52 164
-
pensions
3 941
-
11 822
-
total
14 016
-
66 553
-
Employer
51 629
-
186 610
-
pensions
5 216
-
23 842
-
health
981
-
3 546
-
total
6 197
-
27 388
-
Corporate
156 174
214 000
-
-
income

It is proposed for this rate to fall to 17% from the financial year starting on 1 April, 2020. Also, where the taxable profits can be attributed to the exploitation of patents, a lower rate of 10% applies.

29 673
40 661
-
-
total
29 673
40 661
-
-
Dividends
126 501
173 339
-
-
withholding
21 878
37 101
-
-
total
21 878
37 101
-
-
Income
214 000
214 000
214 000
214 000
Total tax
71 764
77 762
93 941
74 768
After tax
142 236
136 238
120 059
139 232
Living cost
37 613
37 613
37 613
37 613
Free-cash
104 623
98 625
82 446
101 619

Estimated living cost  is ₽37613 per week

₽25802
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3459
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7879
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽6564
₽13669
₽122259
₽93653
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
214 000
accident
-
-
-
253
income
-
-
-
60 856
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
67 843
Employee
37 593
-
194 917
-
health
4 304
-
22 318
-
income
5 157
-
47 394
-
pensions
4 233
-
7 654
-
total
13 694
-
77 366
-
Employer
37 593
-
194 917
-
accident
628
-
3 255
-
unemployment
921
-
4 775
-
pensions
6 112
-
11 053
-
total
7 661
-
19 083
-
Corporate
168 746
214 000
-
-
income

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

151 872
192 600
-
-
total
151 872
192 600
-
-
Dividends
16 874
21 400
-
-
withholding
3 206
4 066
-
-
total
3 206
4 066
-
-
Income
214 000
214 000
214 000
214 000
Total tax
176 433
196 666
96 449
67 843
After tax
37 567
17 334
117 551
146 157
Living cost
23 898
23 898
23 898
23 898
Free-cash
13 669
-6 564
93 653
122 259

Estimated living cost  is ₽23898 per week

₽17539
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1393
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4485
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽150079
₽147025
₽120156
₽142348
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
214 000
work injury
-
-
-
807
health insurance
-
-
-
11 943
income
-
-
-
35 831
pensions
-
-
-
29 695
unemployment
-
-
-
1 937
total
-
-
-
80 213
Employee

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

21 810
-
214 000
-
work injury
109
-
403
-
income
2 181
-
35 831
-
pensions
4 013
-
14 848
-
health insurance
1 614
-
5 971
-
unemployment
262
-
968
-
total
8 179
-
58 021
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
192 190
214 000
-
-
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%.

19 219
21 400
-
-
total
19 219
21 400
-
-
Dividends
172 971
192 600
-
-
withholding
25 946
28 890
-
-
total
25 946
28 890
-
-
Income
214 000
214 000
214 000
214 000
Total tax
53 344
50 290
58 021
80 213
After tax
160 656
163 710
155 979
133 787
Living cost
13 631
13 631
13 631
13 631
Free-cash
147 025
150 079
142 348
120 156

Estimated living cost  is ₽13631 per week

₽8445
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽991
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽425
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3771
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72521
₽67931
₽59490
₽51201
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
214 000
municipal
-
-
-
1 471
regional
-
-
-
5 108
national
-
-
-
57 224
social contributions
-
-
-
50 506
total
-
-
-
114 309
Employee
85 034
-
214 000
-
social contributions
28 673
-
66 215
-
regional
1 284
-
4 584
-
municipal
507
-
1 331
-
national
14 370
-
50 468
-
total
44 834
-
122 598
-
Employer
85 034
-
214 000
-
total
-
-
-
-
Corporate
128 966
214 000
-
-
nationa
30 952
51 360
-
-
municipal
6 216
10 314
-
-
total
37 168
61 674
-
-
Dividends
91 798
152 326
-
-
withholding
23 866
39 604
-
-
total
23 866
39 604
-
-
Income
214 000
214 000
214 000
214 000
Total tax
105 868
101 278
122 598
114 309
After tax
108 132
112 722
91 402
99 691
Living cost
40 201
40 201
40 201
40 201
Free-cash
67 931
72 521
51 201
59 490

Estimated living cost  is ₽40201 per week

₽28238
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2765
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽607
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8589
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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