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
₽ 215000
per

Your estimated
City
free-cash

Dresden , Germany
₽76681
₽103221
₽89148
₽78088
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
215 000
trade
-
-
-
26 540
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.

-
-
-
6 831
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.

-
-
-
70 770
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.

-
-
-
3 892
total
-
-
-
108 033
Employee

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

38 244
-
215 000
-
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.

59
-
3 892
-
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.

1 068
-
70 770
-
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.

6 831
-
6 831
-
total
7 958
-
81 493
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
176 756
215 000
-
-
trade
27 840
33 862
-
-
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.

1 459
1 774
-
-
income
26 513
32 249
-
-
chamber of commerce
406
461
-
-
total
56 218
68 346
-
-
Dividends
120 538
146 653
-
-
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.

1 636
1 996
-
-
withholding
29 754
36 284
-
-
total
31 390
38 280
-
-
Income
215 000
215 000
215 000
215 000
Total tax
95 566
106 626
81 493
108 033
After tax
119 434
108 374
133 507
106 967
Living cost
30 286
30 286
30 286
30 286
Free-cash
89 148
78 088
103 221
76 681

Estimated living cost  is ₽30286 per week

₽19051
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3531
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.
₽7138
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72677
₽73830
₽82878
₽83718
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 000
social contributions
-
-
-
2 311
municipal
-
-
-
23 834
national
-
-
-
39 936
pensions
-
-
-
25 800
total
-
-
-
91 881
Employee
78 195
-
185 866
-
pensions
3 128
-
7 435
-
national
14 966
-
41 759
-
municipal
9 658
-
24 667
-
total
27 752
-
73 861
-
Employer
78 195
-
185 866
-
pensions
6 256
-
14 869
-
social contributions
841
-
1 998
-
total
7 097
-
16 867
-
Corporate
124 548
215 000
-
-
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%.

24 910
43 000
-
-
total
24 910
43 000
-
-
Dividends
99 639
172 000
-
-
withholding
21 921
37 840
-
-
total
21 921
37 840
-
-
Income
215 000
215 000
215 000
215 000
Total tax
81 680
80 840
90 728
91 881
After tax
133 320
134 160
124 272
123 119
Living cost
50 442
50 442
50 442
50 442
Free-cash
82 878
83 718
73 830
72 677

Estimated living cost  is ₽50442 per week

₽34285
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4689
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽755
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10713
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56730
₽72152
₽142997
₽151197
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
215 000
social contributions

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

-
-
-
38 310
income
-
-
-
44 332
microenterprise
-
-
-
-
surtax
-
-
-
54 826
total
-
-
-
137 468
Employee
29 217
-
167 831
-
income
5 201
-
37 435
-
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.

3 214
-
13 108
-
surtax
-
-
24 335
-
total
8 415
-
74 878
-
Employer
29 217
-
167 831
-
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.

7 038
-
28 707
-
surtax
-
-
18 461
-
total
7 038
-
47 168
-
Corporate
178 745
215 000
-
-
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%.

35 748
43 001
-
-
total
35 748
43 001
-
-
Dividends

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

142 997
171 999
-
-
total
-
-
-
-
Income
215 000
215 000
215 000
215 000
Total tax
51 201
43 001
122 046
137 468
After tax
163 799
171 999
92 954
77 532
Living cost
20 802
20 802
20 802
20 802
Free-cash
142 997
151 197
72 152
56 730

Estimated living cost  is ₽20802 per week

₽13271
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1981
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5078
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74105
₽95634
₽59010
₽65137
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 000
health
-
-
-
12 330
income
-
-
-
74 963
pensions
-
-
-
11 715
total
-
-
-
99 008
Employee
85 386
85 386
196 418
-
income

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

13 976
13 976
34 852
-
pensions
15 370
11 715
11 715
-
health
13 106
11 148
12 330
-
total
42 452
36 839
58 897
-
Employer
85 386
85 386
196 418
-
pensions
5 943
5 943
7 387
-
health
5 935
5 935
7 375
-
unemployment
3 074
3 074
3 820
-
total
14 952
14 952
18 582
-
Corporate
115 709
114 662
-
-
income
23 142
22 933
-
-
total
23 142
22 933
-
-
Dividends
92 567
91 729
-
-
withholding
13 886
13 759
-
-
income
19 671
19 493
-
-
total
33 557
33 252
-
-
Income
215 000
215 000
215 000
215 000
Total tax
114 103
107 976
77 479
99 008
After tax
100 897
107 024
137 521
115 992
Living cost
41 887
41 887
41 887
41 887
Free-cash
59 010
65 137
95 634
74 105

Estimated living cost  is ₽41887 per week

₽29684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3776
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽666
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7761
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69160
₽68227
₽78080
₽78942
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 000
other
-
-
-
9 792
unemployment
-
-
-
84
accident
-
-
-
168
municipal
-
-
-
56 834
health
-
-
-
5 258
national
-
-
-
26 147
pensions
-
-
-
9 109
total
-
-
-
107 392
Employee
54 785
-
188 524
-
national
-
-
25 631
-
municipal
16 337
-
56 218
-
total
16 337
-
81 849
-
Employer
54 785
-
188 524
-
pensions
5 922
-
9 109
-
other
6 366
-
9 792
-
accident
110
-
168
-
health
3 369
-
5 182
-
unemployment
1 446
-
2 225
-
total
17 213
-
26 476
-
Corporate
143 002
215 000
-
-
income
31 460
47 300
-
-
total
31 460
47 300
-
-
Dividends
111 541
167 700
-
-
withholding
33 462
50 310
-
-
total
33 462
50 310
-
-
Income
215 000
215 000
215 000
215 000
Total tax
98 472
97 610
108 325
107 392
After tax
116 528
117 390
106 675
107 608
Living cost
38 448
38 448
38 448
38 448
Free-cash
78 080
78 942
68 227
69 160

Estimated living cost  is ₽38448 per week

₽25482
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3773
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.
₽8610
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66507
₽94227
₽82039
₽67990
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
215 000
trade
-
-
-
27 720
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.

-
-
-
6 831
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.

-
-
-
70 770
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.

-
-
-
3 892
total
-
-
-
109 213
Employee

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

50 706
-
215 000
-
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.

239
-
3 892
-
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.

4 357
-
70 770
-
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.

6 831
-
6 831
-
total
11 427
-
81 493
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
164 294
215 000
-
-
trade
27 026
35 367
-
-
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.

1 355
1 774
-
-
income
24 644
32 249
-
-
chamber of commerce
385
457
-
-
total
53 410
69 847
-
-
Dividends
110 884
145 152
-
-
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.

1 503
1 975
-
-
withholding
27 341
35 908
-
-
total
28 844
37 883
-
-
Income
215 000
215 000
215 000
215 000
Total tax
93 681
107 730
81 493
109 213
After tax
121 319
107 270
133 507
105 787
Living cost
39 280
39 280
39 280
39 280
Free-cash
82 039
67 990
94 227
66 507

Estimated living cost  is ₽39280 per week

₽26271
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4142
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽586
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8281
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽112575
₽110788
₽120140
₽124289
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 000
social contributions
-
-
-
16 178
health
-
-
-
5 482
income
-
-
-
48 334
total
-
-
-
69 994
Employee
76 887
76 887
202 644
-
income
8 074
7 117
47 372
-
social contributions
3 736
6 381
8 607
-
health
765
1 307
3 446
-
total
12 575
14 805
59 425
-
Employer
76 887
76 887
202 644
-
health
833
1 423
3 749
-
social contributions
3 736
6 381
8 607
-
total
4 569
7 804
12 356
-
Corporate
165 425
130 309
-
-
income
20 679
16 288
-
-
total
20 679
16 288
-
-
Dividends
144 746
114 021
-
-
withholding
24 606
19 383
-
-
total
24 606
19 383
-
-
Income
215 000
215 000
215 000
215 000
Total tax
62 429
58 280
71 781
69 994
After tax
152 571
156 720
143 219
145 006
Living cost
32 431
32 431
32 431
32 431
Free-cash
120 140
124 289
110 788
112 575

Estimated living cost  is ₽32431 per week

₽22170
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2533
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7184
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽130705
₽106400
₽102839
₽102459
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 000
unemployment
-
-
-
3 225
health
-
-
-
15 050
income
-
-
-
26 284
pensions
-
-
-
21 500
total
-
-
-
66 059
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.

26 323
10 476
179 916
-
income
3 218
1 281
21 995
-
pensions
2 632
1 048
17 992
-
unemployment
395
157
2 699
-
health
1 843
733
12 594
-
total
8 088
3 219
55 280
-
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.

26 323
10 476
179 916
-
pensions
5 133
2 043
35 084
-
total
5 133
2 043
35 084
-
Corporate
183 544
202 481
-
-
income
16 519
18 223
-
-
total
16 519
18 223
-
-
Dividends
167 025
184 258
-
-
social contributions
32 450
35 811
-
-
withholding
31 735
35 009
-
-
total
64 185
70 820
-
-
Income
215 000
215 000
215 000
215 000
Total tax
93 925
94 305
90 364
66 059
After tax
121 075
120 695
124 636
148 941
Living cost
18 236
18 236
18 236
18 236
Free-cash
102 839
102 459
106 400
130 705

Estimated living cost  is ₽18236 per week

₽12444
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1492
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽364
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3935
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Budapest model

Close
Tallinn , Estonia
₽91089
₽99772
₽141639
₽147848
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 000
health
-
-
-
27 950
income
-
-
-
28 811
pensions
-
-
-
42 999
total
-
-
-
99 760
Employee
28 365
-
160 689
-
income
3 193
-
30 980
-
pensions
567
-
3 214
-
unemployment
453
-
2 571
-
total
4 213
-
36 765
-
Employer
28 365
-
160 689
-
pensions
5 673
-
32 138
-
health
3 687
-
20 889
-
unemployment
228
-
1 285
-
total
9 588
-
54 312
-
Corporate
177 047
215 000
-
-
income
35 409
43 001
-
-
total
35 409
43 001
-
-
Dividends
141 638
171 999
-
-
total
-
-
-
-
Income
215 000
215 000
215 000
215 000
Total tax
49 210
43 001
91 077
99 760
After tax
165 790
171 999
123 923
115 240
Living cost
24 151
24 151
24 151
24 151
Free-cash
141 639
147 848
99 772
91 089

Estimated living cost  is ₽24151 per week

₽16565
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1438
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.
₽5662
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽124918
₽96259
₽14054
-₽4499
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 000
other
-
-
-
369
accident
-
-
-
252
health
-
-
-
2 172
income
-
-
-
61 230
pensions
-
-
-
4 145
total
-
-
-
68 168
Employee
34 472
-
195 953
-
income
4 729
-
47 744
-
pensions
3 882
-
7 599
-
health
3 947
-
22 437
-
total
12 558
-
77 780
-
Employer
34 472
-
195 953
-
pensions
5 605
-
10 974
-
accident
575
-
3 272
-
unemployment
845
-
4 801
-
total
7 025
-
19 047
-
Corporate
173 503
215 000
-
-
income

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

156 153
193 500
-
-
total
156 153
193 500
-
-
Dividends
17 350
21 500
-
-
withholding
3 296
4 085
-
-
total
3 296
4 085
-
-
Income
215 000
215 000
215 000
215 000
Total tax
179 032
197 585
96 827
68 168
After tax
35 968
17 415
118 173
146 832
Living cost
21 914
21 914
21 914
21 914
Free-cash
14 054
-4 499
96 259
124 918

Estimated living cost  is ₽21914 per week

₽16061
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1214
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4182
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽203839
₽162989
₽193550
₽195239
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
215 000
microenterprise

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

-
-
-
2 150
total
-
-
-
2 150
Employee
11 263
-
215 000
-
income
2 252
-
43 000
-
total
2 252
-
43 000
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

203 737
215 000
-
-
total
-
-
-
-
Dividends
203 737
215 000
-
-
withholding
10 187
10 750
-
-
total
10 187
10 750
-
-
Income
215 000
215 000
215 000
215 000
Total tax
12 439
10 750
43 000
2 150
After tax
202 561
204 250
172 000
212 850
Living cost
9 011
9 011
9 011
9 011
Free-cash
193 550
195 239
162 989
203 839

Estimated living cost  is ₽9011 per week

₽5584
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽749
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽248
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2430
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽101036
₽99236
₽124567
₽131317
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 000
other
-
-
-
7 222
health
-
-
-
6 690
income
-
-
-
36 917
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.

-
-
-
36 492
total
-
-
-
87 321
Employee
36 305
-
176 489
-
income
6 250
-
36 318
-
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.

2 541
-
10 643
-
unemployment
362
-
1 520
-
health
509
-
2 129
-
total
9 662
-
50 610
-
Employer
36 305
-
176 489
-
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.

6 172
-
25 849
-
other
1 816
-
7 601
-
accident
290
-
1 412
-
health
509
-
2 129
-
unemployment
362
-
1 520
-
total
9 149
-
38 511
-
Corporate
169 545
215 000
-
-
income
35 604
45 150
-
-
total
35 604
45 150
-
-
Dividends
133 941
169 850
-
-
withholding
9 375
11 890
-
-
total
9 375
11 890
-
-
Income
215 000
215 000
215 000
215 000
Total tax
63 790
57 040
89 121
87 321
After tax
151 210
157 960
125 879
127 679
Living cost
26 643
26 643
26 643
26 643
Free-cash
124 567
131 317
99 236
101 036

Estimated living cost  is ₽26643 per week

₽18825
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1799
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽429
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5590
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72473
₽53224
₽77497
₽69401
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 000
income
-
-
-
65 469
pensions
-
-
-
9 805
total
-
-
-
75 274
Employee
95 153
-
187 465
-
income
17 152
-
52 635
-
pensions
9 180
-
11 782
-
health
1 568
-
2 572
-
total
27 900
-
66 989
-
Employer
95 153
-
187 465
-
pensions
11 235
-
23 973
-
health
1 807
-
3 561
-
total
13 042
-
27 534
-
Corporate
106 805
215 000
-
-
income

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

20 293
40 849
-
-
total
20 293
40 849
-
-
Dividends
86 512
174 151
-
-
withholding
9 015
37 497
-
-
total
9 015
37 497
-
-
Income
215 000
215 000
215 000
215 000
Total tax
70 250
78 346
94 523
75 274
After tax
144 750
136 654
120 477
139 726
Living cost
67 253
67 253
67 253
67 253
Free-cash
77 497
69 401
53 224
72 473

Estimated living cost  is ₽67253 per week

₽50394
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7902
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8411
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽160319
₽169171
₽166074
₽170718
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 000
unemployment
-
-
-
140
health
-
-
-
4 016
income
-
-
-
32 250
pensions

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

-
-
-
5 168
total
-
-
-
41 574
Employee
17 356
-
208 149
-
income
1 735
-
20 815
-
pensions

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

1 524
-
3 066
-
health
798
-
1 606
-
accident

We are using the highest rate at 1.1%.

191
-
384
-
total
4 248
-
25 871
-
Employer
17 356
-
208 149
-
pensions

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

1 913
-
3 848
-
accident

We are using the highest rate at 1.1%.

191
-
384
-
health
1 198
-
2 409
-
unemployment
104
-
210
-
total
3 406
-
6 851
-
Corporate
194 238
215 000
-
-
income
19 424
21 500
-
-
total
19 424
21 500
-
-
Dividends
174 814
193 500
-
-
withholding
8 741
9 675
-
-
total
8 741
9 675
-
-
Income
215 000
215 000
215 000
215 000
Total tax
35 819
31 175
32 722
41 574
After tax
179 181
183 825
182 278
173 426
Living cost
13 107
13 107
13 107
13 107
Free-cash
166 074
170 718
169 171
160 319

Estimated living cost  is ₽13107 per week

₽7652
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽936
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽347
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4172
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Varna model

Close
Amsterdam , Netherlands
₽60547
₽82076
₽54094
₽51579
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 000
health
-
-
-
12 330
income
-
-
-
74 963
pensions
-
-
-
11 715
total
-
-
-
99 008
Employee
92 702
85 386
196 418
-
income

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

13 976
13 976
34 852
-
pensions
11 715
11 715
11 715
-
health
11 565
11 148
12 330
-
total
37 256
36 839
58 897
-
Employer
92 702
85 386
196 418
-
pensions
6 451
5 943
7 387
-
health
6 442
5 935
7 375
-
unemployment
3 338
3 074
3 820
-
total
16 231
14 952
18 582
-
Corporate
106 067
114 662
-
-
income
21 214
22 933
-
-
total
21 214
22 933
-
-
Dividends
84 853
91 729
-
-
withholding
12 728
13 759
-
-
income
18 032
19 493
-
-
total
30 760
33 252
-
-
Income
215 000
215 000
215 000
215 000
Total tax
105 461
107 976
77 479
99 008
After tax
109 539
107 024
137 521
115 992
Living cost
55 445
55 445
55 445
55 445
Free-cash
54 094
51 579
82 076
60 547

Estimated living cost  is ₽55445 per week

₽40900
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4952
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽636
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8958
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽102381
₽93043
₽115450
₽124016
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 000
social contributions
-
-
-
34 552
health
-
-
-
29 025
income
-
-
-
22 713
solidarity contribution
-
-
-
2 317
total
-
-
-
88 607
Employee
35 311
-
170 108
-
income
4 237
-
20 918
-
solidarity contribution
-
-
1 479
-
social contributions
2 295
-
7 691
-
health
4 767
-
22 965
-
total
11 299
-
53 053
-
Employer
35 311
-
170 108
-
health
3 178
-
15 310
-
social contributions
8 828
-
29 582
-
total
12 006
-
44 892
-
Corporate
167 683
215 000
-
-
income
31 860
40 850
-
-
total
31 860
40 850
-
-
Dividends
135 823
174 150
-
-
withholding
20 373
26 122
-
-
total
20 373
26 122
-
-
Income
215 000
215 000
215 000
215 000
Total tax
75 538
66 972
97 945
88 607
After tax
139 462
148 028
117 055
126 393
Living cost
24 012
24 012
24 012
24 012
Free-cash
115 450
124 016
93 043
102 381

Estimated living cost  is ₽24012 per week

₽16679
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1708
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5153
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60801
₽52324
₽67300
₽72519
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 000
social contributions
-
-
-
50 044
municipal
-
-
-
1 319
national
-
-
-
57 972
regional
-
-
-
2 672
total
-
-
-
112 007
Employee
88 864
-
215 000
-
national
15 398
-
51 279
-
social contributions
29 965
-
65 609
-
municipal
471
-
1 195
-
regional
838
-
2 401
-
total
46 672
-
120 484
-
Employer
88 864
-
215 000
-
total
-
-
-
-
Corporate
126 136
215 000
-
-
nationa
30 272
51 600
-
-
municipal
4 920
8 385
-
-
total
35 192
59 985
-
-
Dividends
90 944
155 015
-
-
withholding
23 644
40 304
-
-
total
23 644
40 304
-
-
Income
215 000
215 000
215 000
215 000
Total tax
105 508
100 289
120 484
112 007
After tax
109 492
114 711
94 516
102 993
Living cost
42 192
42 192
42 192
42 192
Free-cash
67 300
72 519
52 324
60 801

Estimated living cost  is ₽42192 per week

₽29411
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2767
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽647
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9366
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79163
₽73052
₽110057
₽113171
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 000
other
-
-
-
-
unemployment
-
-
-
228
health
-
-
-
9 474
income
-
-
-
66 332
surtax
-
-
-
11 049
pensions
-
-
-
26 690
total
-
-
-
113 773
Employee
33 066
-
186 910
-
income
5 543
-
60 351
-
pensions
2 205
-
8 901
-
unemployment
2 302
-
9 288
-
health
844
-
3 402
-
other
-
-
-
-
surtax
108
-
9 852
-
total
11 002
-
91 794
-
Employer
33 066
-
186 910
-
pensions
4 408
-
17 789
-
other
-
-
-
-
health
1 505
-
6 072
-
unemployment
1 047
-
4 229
-
total
6 960
-
28 090
-
Corporate
174 974
215 000
-
-
income
45 494
55 900
-
-
total
45 494
55 900
-
-
Dividends
129 481
159 100
-
-
withholding
19 423
23 865
-
-
total
19 423
23 865
-
-
Income
215 000
215 000
215 000
215 000
Total tax
82 879
79 765
119 884
113 773
After tax
132 121
135 235
95 116
101 227
Living cost
22 064
22 064
22 064
22 064
Free-cash
110 057
113 171
73 052
79 163

Estimated living cost  is ₽22064 per week

₽13491
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2036
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽509
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6028
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93780
₽74531
₽97350
₽90708
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 000
income
-
-
-
65 469
pensions
-
-
-
9 805
total
-
-
-
75 274
Employee
63 769
-
187 465
-
income
11 485
-
52 635
-
pensions
5 413
-
11 782
-
health
926
-
2 572
-
total
17 824
-
66 989
-
Employer
63 769
-
187 465
-
pensions
6 903
-
23 973
-
health
1 211
-
3 561
-
total
8 114
-
27 534
-
Corporate
143 116
215 000
-
-
income

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

27 191
40 849
-
-
total
27 191
40 849
-
-
Dividends
115 925
174 151
-
-
withholding
18 575
37 497
-
-
total
18 575
37 497
-
-
Income
215 000
215 000
215 000
215 000
Total tax
71 704
78 346
94 523
75 274
After tax
143 296
136 654
120 477
139 726
Living cost
45 946
45 946
45 946
45 946
Free-cash
97 350
90 708
74 531
93 780

Estimated living cost  is ₽45946 per week

₽34422
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3444
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.
₽7598
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽95364
₽87244
₽55071
₽22734
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 000
other

This will depend on a canton and a chosen fund. The rate is between 0.3% and 3.4% with a maximum base of 148,200 CHF. We use 2% as an average rate.

-
-
-
4 300
health
-
-
-
483
city
-
-
-
2 265
national
-
-
-
5 336
regional
-
-
-
11 890
pensions
-
-
-
19 781
total
-
-
-
44 055
Employee
88 449
-
193 350
-
pensions
7 431
-
15 221
-
national
419
-
4 355
-
unemployment
-
-
-
-
city
949
-
2 089
-
health
200
-
435
-
regional
2 896
-
10 552
-
total
11 895
-
32 652
-
Employer
88 449
-
193 350
-
pensions
7 431
-
15 221
-
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.

1 768
-
3 867
-
health
200
-
435
-
unemployment
-
-
-
-
total
9 399
-
19 523
-
Corporate
116 179
215 000
-
-
regional
24 572
45 473
-
-
national
9 875
18 274
-
-
total
34 447
63 747
-
-
Dividends
81 733
151 253
-
-
withholding
28 607
52 938
-
-
total
28 607
52 938
-
-
Income
215 000
215 000
215 000
215 000
Total tax
84 348
116 685
52 175
44 055
After tax
130 652
98 315
162 825
170 945
Living cost
75 581
75 581
75 581
75 581
Free-cash
55 071
22 734
87 244
95 364

Estimated living cost  is ₽75581 per week

₽49149
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6783
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽928
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18721
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽58802
₽87702
₽76570
₽60361
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
215 000
trade
-
-
-
28 900
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.

-
-
-
6 831
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.

-
-
-
70 770
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.

-
-
-
3 892
total
-
-
-
110 393
Employee

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

60 091
-
215 000
-
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.

389
-
3 892
-
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.

7 066
-
70 770
-
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.

6 831
-
6 831
-
total
14 286
-
81 493
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
154 909
215 000
-
-
trade
26 567
36 872
-
-
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.

1 279
1 774
-
-
income
23 236
32 249
-
-
chamber of commerce
370
453
-
-
total
51 452
71 348
-
-
Dividends
103 457
143 651
-
-
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.

1 402
1 954
-
-
withholding
25 485
35 532
-
-
total
26 887
37 486
-
-
Income
215 000
215 000
215 000
215 000
Total tax
92 625
108 834
81 493
110 393
After tax
122 375
106 166
133 507
104 607
Living cost
45 805
45 805
45 805
45 805
Free-cash
76 570
60 361
87 702
58 802

Estimated living cost  is ₽45805 per week

₽33454
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3664
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽596
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8093
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84301
₽78640
₽80058
₽74150
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 000
other
-
-
-
6 666
social contributions
-
-
-
6 127
health
-
-
-
10 305
income
-
-
-
38 761
surtax
-
-
-
-
pensions
-
-
-
34 631
total
-
-
-
96 490
Employee
42 794
-
164 429
-
income
2 526
-
34 649
-
pensions
4 839
-
12 250
-
social contributions
1 220
-
4 685
-
surtax
-
-
-
-
total
8 585
-
51 584
-
Employer
42 794
-
164 429
-
pensions
7 030
-
20 474
-
other
1 476
-
6 761
-
health
2 996
-
16 179
-
unemployment
1 732
-
6 660
-
social contributions
129
-
493
-
total
13 363
-
50 567
-
Corporate
158 842
215 000
-
-
surtax
-
-
-
-
income
44 477
60 199
-
-
total
44 477
60 199
-
-
Dividends
114 366
154 801
-
-
surtax
-
-
-
-
social contributions
19 669
26 627
-
-
withholding
14 639
19 815
-
-
total
34 308
46 442
-
-
Income
215 000
215 000
215 000
215 000
Total tax
100 733
106 641
102 151
96 490
After tax
114 267
108 359
112 849
118 510
Living cost
34 209
34 209
34 209
34 209
Free-cash
80 058
74 150
78 640
84 301

Estimated living cost  is ₽34209 per week

₽21570
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2782
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽583
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9277
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87690
₽82029
₽83092
₽77539
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 000
other
-
-
-
6 666
social contributions
-
-
-
6 127
health
-
-
-
10 305
income
-
-
-
38 761
surtax
-
-
-
-
pensions
-
-
-
34 631
total
-
-
-
96 490
Employee
38 199
-
164 429
-
income
1 970
-
34 649
-
pensions
4 321
-
12 250
-
social contributions
1 089
-
4 685
-
surtax
-
-
-
-
total
7 380
-
51 584
-
Employer
38 199
-
164 429
-
pensions
6 277
-
20 474
-
other
1 319
-
6 761
-
health
2 674
-
16 179
-
unemployment
1 546
-
6 660
-
social contributions
114
-
493
-
total
11 930
-
50 567
-
Corporate
164 871
215 000
-
-
surtax
-
-
-
-
income
46 164
60 199
-
-
total
46 164
60 199
-
-
Dividends
118 708
154 801
-
-
surtax
-
-
-
-
social contributions
20 419
26 627
-
-
withholding
15 195
19 815
-
-
total
35 614
46 442
-
-
Income
215 000
215 000
215 000
215 000
Total tax
101 088
106 641
102 151
96 490
After tax
113 912
108 359
112 849
118 510
Living cost
30 820
30 820
30 820
30 820
Free-cash
83 092
77 539
82 029
87 690

Estimated living cost  is ₽30820 per week

₽17874
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3131
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.
₽9231
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽116871
₽111294
₽110488
₽109965
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 000
social contributions
-
-
-
29 671
health
-
-
-
15 007
income
-
-
-
32 249
total
-
-
-
76 927
Employee
33 902
-
215 000
-
income
5 654
-
37 826
-
social contributions
4 679
-
29 671
-
health
2 366
-
15 007
-
total
12 699
-
82 504
-
Employer
33 902
-
215 000
-
total
-
-
-
-
Corporate
181 098
215 000
-
-
income

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

9 055
10 749
-
-
total
9 055
10 749
-
-
Dividends
172 043
204 251
-
-
social contributions
23 741
28 187
-
-
health
12 009
14 258
-
-
withholding
25 806
30 639
-
-
total
61 556
73 084
-
-
Income
215 000
215 000
215 000
215 000
Total tax
83 310
83 833
82 504
76 927
After tax
131 690
131 167
132 496
138 073
Living cost
21 202
21 202
21 202
21 202
Free-cash
110 488
109 965
111 294
116 871

Estimated living cost  is ₽21202 per week

₽14189
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1307
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5216
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75073
₽21237
₽81809
₽83356
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 000
chamber of commerce
-
-
-
860
unemployment
-
-
-
6 133
health
-
-
-
8 935
income
-
-
-
66 960
surtax
-
-
-
197
pensions
-
-
-
21 610
total
-
-
-
104 695
Employee
49 970
39 847
176 806
-
income
5 689
2 939
55 928
-
pensions
5 117
4 080
11 962
-
unemployment
1 499
1 195
3 505
-
health
1 934
1 543
4 520
-
other
499
398
1 169
-
total
14 738
10 155
77 084
-
Employer
49 970
39 847
176 806
-
pensions
6 271
5 002
14 660
-
other
2 374
1 892
7 888
-
accident
649
518
1 518
-
health
1 888
1 507
4 415
-
payroll
1 499
1 195
5 303
-
chamber of commerce
199
159
708
-
unemployment
1 499
1 195
3 505
-
surtax
197
197
197
-
total
14 576
11 665
38 194
-
Corporate
150 454
163 487
173 011
-
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.

37 614
40 872
43 253
-
total
37 614
40 872
43 253
-
Dividends
112 840
122 616
-
-
withholding
31 031
33 720
-
-
total
31 031
33 720
-
-
Income
215 000
215 000
215 000
215 000
Total tax
97 959
96 412
158 531
104 695
After tax
117 041
118 588
56 469
110 305
Living cost
35 232
35 232
35 232
35 232
Free-cash
81 809
83 356
21 237
75 073

Estimated living cost  is ₽35232 per week

₽23498
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3006
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽579
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8150
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57006
₽37068
₽68710
₽82083
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 000
social contributions
-
-
-
24 929
communal

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

-
-
-
11 404
national
-
-
-
85 204
total
-
-
-
121 537
Employee

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

71 523
-
166 525
-
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.

5 364
-
12 489
-
national
21 989
-
62 548
-
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.

622
-
1 450
-
communal

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

3 730
-
8 685
-
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.

3 360
-
7 827
-
total
35 065
-
92 999
-
Employer

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

71 523
-
166 525
-
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.

6 338
-
14 755
-
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.

930
-
2 165
-
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.

4 398
-
10 241
-
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.

1 044
-
2 431
-
surtax
8 110
-
18 884
-
total
20 820
-
48 476
-
Corporate
122 658
215 000
-
-
surtax
491
905
-
-
income
24 532
45 272
-
-
total
25 023
46 177
-
-
Dividends
97 634
168 823
-
-
withholding

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

28 925
50 283
-
-
total
28 925
50 283
-
-
Income
215 000
215 000
215 000
215 000
Total tax
109 833
96 460
141 475
121 537
After tax
105 167
118 540
73 525
93 463
Living cost
36 457
36 457
36 457
36 457
Free-cash
68 710
82 083
37 068
57 006

Estimated living cost  is ₽36457 per week

₽23483
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3188
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.
₽9216
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84112
₽79916
₽99882
₽106733
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 000
other
-
-
-
93
unemployment
-
-
-
649
accident
-
-
-
835
income
-
-
-
66 974
pensions
-
-
-
26 227
total
-
-
-
94 778
Employee
49 772
-
185 454
-
income
10 502
-
63 542
-
pensions
2 340
-
4 357
-
unemployment
772
-
1 436
-
other
49
-
93
-
total
13 663
-
69 428
-
Employer
49 772
-
185 454
-
pensions
11 745
-
21 872
-
other
397
-
742
-
accident
985
-
1 835
-
unemployment
2 738
-
5 097
-
total
15 865
-
29 546
-
Corporate
149 363
215 000
-
-
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.

22 405
32 249
-
-
total
22 405
32 249
-
-
Dividends
126 958
182 751
-
-
withholding
27 075
39 908
-
-
total
27 075
39 908
-
-
Income
215 000
215 000
215 000
215 000
Total tax
79 008
72 157
98 974
94 778
After tax
135 992
142 843
116 026
120 222
Living cost
36 110
36 110
36 110
36 110
Free-cash
99 882
106 733
79 916
84 112

Estimated living cost  is ₽36110 per week

₽26591
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2562
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6436
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47607
₽56177
₽54538
₽68242
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 000
accident
-
-
-
1 812
health
-
-
-
15 106
income
-
-
-
39 664
communal
-
-
-
13 588
surtax
-
-
-
10 658
pensions
-
-
-
32 227
total
-
-
-
113 055
Employee
75 721
-
192 050
-
income
7 314
-
45 854
-
pensions
6 057
-
15 364
-
health
3 370
-
8 546
-
surtax
4 641
-
11 770
-
total
21 382
-
81 534
-
Employer
75 721
-
192 050
-
pensions
6 057
-
15 364
-
accident
681
-
1 729
-
health
2 309
-
5 858
-
total
9 047
-
22 951
-
Corporate
130 232
215 000
-
-
communal
8 791
14 512
-
-
surtax
1 368
2 258
-
-
income
19 534
32 249
-
-
total
29 693
49 019
-
-
Dividends
100 539
165 981
-
-
withholding
15 081
24 897
-
-
income
30 921
18 504
-
-
total
46 002
43 401
-
-
Income
215 000
215 000
215 000
215 000
Total tax
106 124
92 420
104 485
113 055
After tax
108 876
122 580
110 515
101 945
Living cost
54 338
54 338
54 338
54 338
Free-cash
54 538
68 242
56 177
47 607

Estimated living cost  is ₽54338 per week

₽40762
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3292
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9707
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78768
₽72657
₽109595
₽112776
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 000
other
-
-
-
-
unemployment
-
-
-
228
health
-
-
-
9 474
income
-
-
-
66 332
surtax
-
-
-
11 049
pensions
-
-
-
26 690
total
-
-
-
113 773
Employee
33 673
-
186 910
-
income
5 645
-
60 351
-
pensions
2 247
-
8 901
-
unemployment
2 343
-
9 288
-
health
860
-
3 402
-
other
-
-
-
-
surtax
120
-
9 852
-
total
11 215
-
91 794
-
Employer
33 673
-
186 910
-
pensions
4 489
-
17 789
-
other
-
-
-
-
health
1 531
-
6 072
-
unemployment
1 068
-
4 229
-
total
7 088
-
28 090
-
Corporate
174 238
215 000
-
-
income
45 302
55 900
-
-
total
45 302
55 900
-
-
Dividends
128 936
159 100
-
-
withholding
19 341
23 865
-
-
total
19 341
23 865
-
-
Income
215 000
215 000
215 000
215 000
Total tax
82 946
79 765
119 884
113 773
After tax
132 054
135 235
95 116
101 227
Living cost
22 459
22 459
22 459
22 459
Free-cash
109 595
112 776
72 657
78 768

Estimated living cost  is ₽22459 per week

₽13559
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1953
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6427
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Athens model

Close
Naples , Italy
₽75382
₽66949
₽83853
₽86073
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 000
social contributions
-
-
-
50 044
municipal
-
-
-
1 319
national
-
-
-
57 972
regional
-
-
-
3 348
total
-
-
-
112 683
Employee
55 465
-
215 000
-
national
8 787
-
51 279
-
social contributions
18 703
-
65 609
-
municipal
294
-
1 195
-
regional
747
-
3 033
-
total
28 531
-
121 116
-
Employer
55 465
-
215 000
-
total
-
-
-
-
Corporate
159 535
215 000
-
-
nationa
38 289
51 600
-
-
municipal
7 930
10 685
-
-
total
46 219
62 285
-
-
Dividends
113 316
152 715
-
-
withholding
29 462
39 707
-
-
total
29 462
39 707
-
-
Income
215 000
215 000
215 000
215 000
Total tax
104 212
101 992
121 116
112 683
After tax
110 788
113 008
93 884
102 317
Living cost
26 935
26 935
26 935
26 935
Free-cash
83 853
86 073
66 949
75 382

Estimated living cost  is ₽26935 per week

₽16751
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2729
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.
₽6994
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96804
₽87466
₽107883
₽118439
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 000
social contributions
-
-
-
34 552
health
-
-
-
29 025
income
-
-
-
22 713
solidarity contribution
-
-
-
2 317
total
-
-
-
88 607
Employee
43 513
-
170 108
-
income
5 222
-
20 918
-
solidarity contribution
-
-
1 479
-
social contributions
2 828
-
7 691
-
health
5 874
-
22 965
-
total
13 924
-
53 053
-
Employer
43 513
-
170 108
-
health
3 916
-
15 310
-
social contributions
10 878
-
29 582
-
total
14 794
-
44 892
-
Corporate
156 693
215 000
-
-
income
29 772
40 850
-
-
total
29 772
40 850
-
-
Dividends
126 921
174 150
-
-
withholding
19 038
26 122
-
-
total
19 038
26 122
-
-
Income
215 000
215 000
215 000
215 000
Total tax
77 528
66 972
97 945
88 607
After tax
137 472
148 028
117 055
126 393
Living cost
29 589
29 589
29 589
29 589
Free-cash
107 883
118 439
87 466
96 804

Estimated living cost  is ₽29589 per week

₽22004
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1639
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5434
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78602
₽24621
₽86300
₽86796
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 000
chamber of commerce
-
-
-
860
unemployment
-
-
-
6 133
health
-
-
-
8 935
income
-
-
-
66 960
surtax
-
-
-
-
pensions
-
-
-
21 610
total
-
-
-
104 498
Employee
43 708
39 847
176 990
-
income
3 894
2 939
56 015
-
pensions
4 476
4 080
11 962
-
unemployment
1 311
1 195
3 505
-
health
1 691
1 543
4 520
-
other
436
398
1 169
-
total
11 808
10 155
77 171
-
Employer
43 708
39 847
176 990
-
pensions
5 486
5 002
14 660
-
other
2 076
1 892
7 895
-
accident
567
518
1 518
-
health
1 653
1 507
4 415
-
payroll
1 311
1 195
5 309
-
chamber of commerce
175
159
708
-
unemployment
1 311
1 195
3 505
-
surtax
-
-
-
-
total
12 579
11 468
38 010
-
Corporate
158 714
163 685
173 195
-
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.

39 678
40 921
43 298
-
total
39 678
40 921
43 298
-
Dividends
119 036
122 764
-
-
withholding
32 735
33 760
-
-
total
32 735
33 760
-
-
Income
215 000
215 000
215 000
215 000
Total tax
96 800
96 304
158 479
104 498
After tax
118 200
118 696
56 521
110 502
Living cost
31 900
31 900
31 900
31 900
Free-cash
86 300
86 796
24 621
78 602

Estimated living cost  is ₽31900 per week

₽19136
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3258
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8937
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽198809
₽157959
₽187576
₽190209
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
215 000
microenterprise

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

-
-
-
2 150
total
-
-
-
2 150
Employee
17 552
-
215 000
-
income
3 511
-
43 000
-
total
3 511
-
43 000
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

197 448
215 000
-
-
total
-
-
-
-
Dividends
197 448
215 000
-
-
withholding
9 872
10 750
-
-
total
9 872
10 750
-
-
Income
215 000
215 000
215 000
215 000
Total tax
13 383
10 750
43 000
2 150
After tax
201 617
204 250
172 000
212 850
Living cost
14 041
14 041
14 041
14 041
Free-cash
187 576
190 209
157 959
198 809

Estimated living cost  is ₽14041 per week

₽9502
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽589
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.
₽3479
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74047
₽69377
₽112843
₽121207
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
215 000
unemployment
-
-
-
323
health
-
-
-
21 157
income
-
-
-
53 390
pensions
-
-
-
39 264
total
-
-
-
114 134
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.

44 215
-
186 033
-
income
7 625
-
48 722
-
pensions
6 854
-
28 836
-
unemployment
63
-
260
-
health
2 856
-
12 019
-
total
17 398
-
89 837
-
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.

44 215
-
186 033
-
pensions
3 913
-
16 464
-
health
2 945
-
12 391
-
unemployment
27
-
112
-
total
6 885
-
28 967
-
Corporate
163 901
215 000
-
-
income
31 141
40 851
-
-
total
31 141
40 851
-
-
Dividends
132 759
174 149
-
-
withholding
19 914
26 123
-
-
total
19 914
26 123
-
-
Income
215 000
215 000
215 000
215 000
Total tax
75 338
66 974
118 804
114 134
After tax
139 662
148 026
96 196
100 866
Living cost
26 819
26 819
26 819
26 819
Free-cash
112 843
121 207
69 377
74 047

Estimated living cost  is ₽26819 per week

₽18406
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.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6176
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽105542
₽158838
₽40319
₽87766
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 000
social contributions
-
-
-
24 510
income
-
-
-
41 908
total
-
-
-
66 418
Employee
61 714
-
-
-
income
13 613
-
-
-
social contributions
5 061
-
721
-
total
18 674
-
721
-
Employer
61 714
-
-
-
social contributions
87 016
-
12 401
-
total
87 016
-
12 401
-
Corporate
66 270
215 000
-
-
income
14 579
47 300
-
-
total
14 579
47 300
-
-
Dividends
51 691
167 700
-
-
income
11 372
36 894
-
-
total
11 372
36 894
-
-
Income
215 000
215 000
215 000
215 000
Total tax
131 641
84 194
13 122
66 418
After tax
83 359
130 806
201 878
148 582
Living cost
43 040
43 040
43 040
43 040
Free-cash
40 319
87 766
158 838
105 542

Estimated living cost  is ₽43040 per week

₽27926
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4048
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10517
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81284
₽64867
₽89923
₽90929
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Based on articles 30.º, 31.º and 151.º of CIRS, sole-trader can use 75% of income as a tax base when earnings are below €200,000 per annum.

-
-
-
215 000
social contributions

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

-
-
-
74 713
income
-
-
-
27 640
surtax
-
-
-
-
total
-
-
-
102 353
Employee
45 987
-
173 738
-
income
9 565
-
58 327
-
social contributions
5 059
-
19 111
-
surtax
-
-
70
-
total
14 624
-
77 508
-
Employer
45 987
-
173 738
-
social contributions
10 922
-
41 262
-
total
10 922
-
41 262
-
Corporate
158 091
215 000
-
-
surtax
-
-
-
-
income
33 198
45 150
-
-
total
33 198
45 150
-
-
Dividends
124 893
169 850
-
-
withholding
34 970
47 558
-
-
total
34 970
47 558
-
-
Income
215 000
215 000
215 000
215 000
Total tax
93 714
92 708
118 770
102 353
After tax
121 286
122 292
96 230
112 647
Living cost
31 363
31 363
31 363
31 363
Free-cash
89 923
90 929
64 867
81 284

Estimated living cost  is ₽31363 per week

₽23466
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1850
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5524
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70217
₽64556
₽66938
₽60066
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 000
other
-
-
-
6 666
social contributions
-
-
-
6 127
health
-
-
-
10 305
income
-
-
-
38 761
surtax
-
-
-
-
pensions
-
-
-
34 631
total
-
-
-
96 490
Employee
62 625
-
164 429
-
income
5 464
-
34 649
-
pensions
7 083
-
12 250
-
social contributions
1 784
-
4 685
-
surtax
-
-
-
-
total
14 331
-
51 584
-
Employer
62 625
-
164 429
-
pensions
10 290
-
20 474
-
other
2 161
-
6 761
-
health
4 383
-
16 179
-
unemployment
2 537
-
6 660
-
social contributions
188
-
493
-
total
19 559
-
50 567
-
Corporate
132 816
215 000
-
-
surtax
-
-
-
-
income
37 189
60 199
-
-
total
37 189
60 199
-
-
Dividends
95 627
154 801
-
-
surtax
-
-
-
-
social contributions
16 449
26 627
-
-
withholding
12 241
19 815
-
-
total
28 690
46 442
-
-
Income
215 000
215 000
215 000
215 000
Total tax
99 769
106 641
102 151
96 490
After tax
115 231
108 359
112 849
118 510
Living cost
48 293
48 293
48 293
48 293
Free-cash
66 938
60 066
64 556
70 217

Estimated living cost  is ₽48293 per week

₽32684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3951
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽662
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10996
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽126946
₽132657
₽160085
₽163444
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 000
social contributions
-
-
-
47 300
income
-
-
-
10 698
total
-
-
-
57 998
Employee
32 145
-
186 147
-
social contributions
2 089
-
12 100
-
income
-
-
11 334
-
total
2 089
-
23 434
-
Employer
32 145
-
186 147
-
social contributions
4 983
-
28 853
-
total
4 983
-
28 853
-
Corporate
177 872
215 000
-
-
income
17 787
21 500
-
-
total
17 787
21 500
-
-
Dividends
160 085
193 500
-
-
total
-
-
-
-
Income
215 000
215 000
215 000
215 000
Total tax
24 859
21 500
52 287
57 998
After tax
190 141
193 500
162 713
157 002
Living cost
30 056
30 056
30 056
30 056
Free-cash
160 085
163 444
132 657
126 946

Estimated living cost  is ₽30056 per week

₽19434
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2266
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.
₽7791
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76389
-₽2924
-₽2924
-₽2924
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 000
municipal
-
-
-
45 938
national
-
-
-
26 505
labour market
-
-
-
17 131
pensions
-
-
-
867
total
-
-
-
90 441
Employee
203 314
203 314
203 314
-
labour market
16 242
16 242
16 242
-
pensions
289
289
289
-
national
24 839
24 839
24 839
-
municipal
43 295
43 295
43 295
-
total
84 665
84 665
84 665
-
Employer
203 314
203 314
203 314
-
pensions
578
578
578
-
municipal
43 364
43 364
43 364
-
national
24 882
24 882
24 882
-
labour market
16 265
16 265
16 265
-
total
85 089
85 089
85 089
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
215 000
215 000
215 000
215 000
Total tax
169 754
169 754
169 754
90 441
After tax
45 246
45 246
45 246
124 559
Living cost
48 170
48 170
48 170
48 170
Free-cash
-2 924
-2 924
-2 924
76 389

Estimated living cost  is ₽48170 per week

₽32968
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4261
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽741
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10200
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽125241
₽96582
₽14104
-₽4176
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 000
other
-
-
-
369
accident
-
-
-
252
health
-
-
-
2 172
income
-
-
-
61 230
pensions
-
-
-
4 145
total
-
-
-
68 168
Employee
33 964
-
195 953
-
income
4 659
-
47 744
-
pensions
3 825
-
7 599
-
health
3 889
-
22 437
-
total
12 373
-
77 780
-
Employer
33 964
-
195 953
-
pensions
5 522
-
10 974
-
accident
567
-
3 272
-
unemployment
832
-
4 801
-
total
6 921
-
19 047
-
Corporate
174 115
215 000
-
-
income

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

156 703
193 500
-
-
total
156 703
193 500
-
-
Dividends
17 412
21 500
-
-
withholding
3 308
4 085
-
-
total
3 308
4 085
-
-
Income
215 000
215 000
215 000
215 000
Total tax
179 305
197 585
96 827
68 168
After tax
35 695
17 415
118 173
146 832
Living cost
21 591
21 591
21 591
21 591
Free-cash
14 104
-4 176
96 582
125 241

Estimated living cost  is ₽21591 per week

₽15716
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1231
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽405
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4239
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94637
₽70011
₽97011
₽93920
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
215 000
municipal
-
-
-
38 179
health
-
-
-
2 894
national
-
-
-
40 902
total
-
-
-
81 975
Employee
52 606
-
180 870
-
pensions
3 550
-
12 208
-
national
869
-
25 738
-
municipal
8 616
-
29 445
-
unemployment
789
-
2 713
-
health
393
-
2 368
-
total
14 217
-
72 472
-
Employer
52 606
-
180 870
-
pensions
9 127
-
31 380
-
accident
53
-
180
-
health
404
-
1 393
-
unemployment
342
-
1 176
-
total
9 926
-
34 129
-
Corporate
152 468
215 000
-
-
income
30 494
43 001
-
-
total
30 494
43 001
-
-
Dividends

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

91 480
129 000
-
-
municipal
16 466
23 219
-
-
national
8 498
16 472
-
-
total
24 964
39 691
-
-
Income
215 000
215 000
215 000
215 000
Total tax
79 601
82 692
106 601
81 975
After tax
135 399
132 308
108 399
133 025
Living cost
38 388
38 388
38 388
38 388
Free-cash
97 011
93 920
70 011
94 637

Estimated living cost  is ₽38388 per week

₽25075
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3692
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽611
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9011
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽121856
₽120069
₽128127
₽133570
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 000
social contributions
-
-
-
16 178
health
-
-
-
5 482
income
-
-
-
48 334
total
-
-
-
69 994
Employee
76 887
76 887
202 644
-
income
8 372
7 117
47 372
-
social contributions
2 907
6 381
8 607
-
health
596
1 307
3 446
-
total
11 875
14 805
59 425
-
Employer
76 887
76 887
202 644
-
health
647
1 423
3 749
-
social contributions
2 907
6 381
8 607
-
total
3 554
7 804
12 356
-
Corporate
176 421
130 309
-
-
income
22 052
16 288
-
-
total
22 052
16 288
-
-
Dividends
154 369
114 021
-
-
withholding
26 242
19 383
-
-
total
26 242
19 383
-
-
Income
215 000
215 000
215 000
215 000
Total tax
63 723
58 280
71 781
69 994
After tax
151 277
156 720
143 219
145 006
Living cost
23 150
23 150
23 150
23 150
Free-cash
128 127
133 570
120 069
121 856

Estimated living cost  is ₽23150 per week

₽13874
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2271
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6493
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽166924
₽146867
₽157079
₽162166
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
215 000
unemployment
-
-
-
28
health
-
-
-
3 618
income
-
-
-
22 195
pensions
-
-
-
6 360
total
-
-
-
32 201
Employee

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

22 951
-
205 228
-
income
1 569
-
19 717
-
pensions
3 442
-
14 231
-
unemployment
114
-
474
-
health
1 951
-
8 064
-
total
7 076
-
42 486
-
Employer

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

22 951
-
205 228
-
pensions
1 262
-
5 218
-
health
987
-
4 080
-
unemployment
114
-
474
-
total
2 363
-
9 772
-
Corporate
189 687
215 000
-
-
income
17 072
19 350
-
-
total
17 072
19 350
-
-
Dividends
172 615
195 650
-
-
withholding
15 535
17 609
-
-
total
15 535
17 609
-
-
Income
215 000
215 000
215 000
215 000
Total tax
42 046
36 959
52 258
32 201
After tax
172 954
178 041
162 742
182 799
Living cost
15 875
15 875
15 875
15 875
Free-cash
157 079
162 166
146 867
166 924

Estimated living cost  is ₽15875 per week

₽10129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1144
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4129
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92726
₽88530
₽110930
₽115347
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 000
other
-
-
-
93
unemployment
-
-
-
649
accident
-
-
-
835
income
-
-
-
66 974
pensions
-
-
-
26 227
total
-
-
-
94 778
Employee
36 972
-
185 454
-
income
7 128
-
63 542
-
pensions
1 738
-
4 357
-
unemployment
573
-
1 436
-
other
36
-
93
-
total
9 475
-
69 428
-
Employer
36 972
-
185 454
-
pensions
8 725
-
21 872
-
other
296
-
742
-
accident
732
-
1 835
-
unemployment
2 034
-
5 097
-
total
11 787
-
29 546
-
Corporate
166 241
215 000
-
-
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.

24 937
32 249
-
-
total
24 937
32 249
-
-
Dividends
141 305
182 751
-
-
withholding
30 375
39 908
-
-
total
30 375
39 908
-
-
Income
215 000
215 000
215 000
215 000
Total tax
76 574
72 157
98 974
94 778
After tax
138 426
142 843
116 026
120 222
Living cost
27 496
27 496
27 496
27 496
Free-cash
110 930
115 347
88 530
92 726

Estimated living cost  is ₽27496 per week

₽18559
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2643
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽482
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5812
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽135404
₽135208
₽130972
₽131422
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 000
health
-
-
-
1 448
income
-
-
-
73 413
pensions
-
-
-
1 997
total
-
-
-
76 858
Employee
4 171
-
212 753
-
income
807
-
73 308
-
pensions
375
-
899
-
unemployment
42
-
100
-
health
209
-
499
-
total
1 433
-
74 806
-
Employer
4 171
-
212 753
-
pensions
459
-
1 099
-
health
396
-
949
-
unemployment
83
-
200
-
total
938
-
2 248
-
Corporate
209 891
215 000
-
-
income
46 176
47 300
-
-
total
46 176
47 300
-
-
Dividends
163 715
167 700
-
-
withholding
32 743
33 540
-
-
total
32 743
33 540
-
-
Income
215 000
215 000
215 000
215 000
Total tax
81 290
80 840
77 054
76 858
After tax
133 710
134 160
137 946
138 142
Living cost
2 738
2 738
2 738
2 738
Free-cash
130 972
131 422
135 208
135 404

Estimated living cost  is ₽2738 per week

₽1627
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽222
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.
₽826
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽120200
₽120200
₽133124
₽138044
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
215 000
unemployment
-
-
-
1 108
health
-
-
-
7 612
income
-
-
-
49 573
pensions
-
-
-
19 214
total
-
-
-
77 507
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.

26 076
-
201 772
-
income
3 594
-
49 573
-
pensions
3 651
-
10 346
-
unemployment
196
-
554
-
health
1 343
-
3 806
-
total
8 784
-
64 279
-
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.

26 076
-
201 772
-
pensions
3 129
-
8 868
-
health
1 343
-
3 806
-
unemployment
196
-
554
-
total
4 668
-
13 228
-
Corporate
184 256
215 000
-
-
income
27 638
32 250
-
-
total
27 638
32 250
-
-
Dividends
156 618
182 750
-
-
withholding
23 493
27 413
-
-
total
23 493
27 413
-
-
Income
215 000
215 000
215 000
215 000
Total tax
64 583
59 663
77 507
77 507
After tax
150 417
155 337
137 493
137 493
Living cost
17 293
17 293
17 293
17 293
Free-cash
133 124
138 044
120 200
120 200

Estimated living cost  is ₽17293 per week

₽11643
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1338
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.
₽3811
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85691
₽69274
₽94977
₽95336
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
215 000
social contributions

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

-
-
-
74 713
income
-
-
-
27 640
surtax
-
-
-
-
total
-
-
-
102 353
Employee
38 808
-
173 738
-
income
7 583
-
58 327
-
social contributions
4 269
-
19 111
-
surtax
-
-
70
-
total
11 852
-
77 508
-
Employer
38 808
-
173 738
-
social contributions
9 216
-
41 262
-
total
9 216
-
41 262
-
Corporate
166 976
215 000
-
-
surtax
-
-
-
-
income
35 065
45 150
-
-
total
35 065
45 150
-
-
Dividends
131 911
169 850
-
-
withholding
36 934
47 558
-
-
total
36 934
47 558
-
-
Income
215 000
215 000
215 000
215 000
Total tax
93 067
92 708
118 770
102 353
After tax
121 933
122 292
96 230
112 647
Living cost
26 956
26 956
26 956
26 956
Free-cash
94 977
95 336
69 274
85 691

Estimated living cost  is ₽26956 per week

₽19092
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1873
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5514
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85082
₽80886
₽101161
₽107703
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 000
other
-
-
-
93
unemployment
-
-
-
649
accident
-
-
-
835
income
-
-
-
66 974
pensions
-
-
-
26 227
total
-
-
-
94 778
Employee
48 290
-
185 454
-
income
10 086
-
63 542
-
pensions
2 269
-
4 357
-
unemployment
748
-
1 436
-
other
47
-
93
-
total
13 150
-
69 428
-
Employer
48 290
-
185 454
-
pensions
11 396
-
21 872
-
other
387
-
742
-
accident
956
-
1 835
-
unemployment
2 656
-
5 097
-
total
15 395
-
29 546
-
Corporate
151 314
215 000
-
-
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.

22 698
32 249
-
-
total
22 698
32 249
-
-
Dividends
128 616
182 751
-
-
withholding
27 456
39 908
-
-
total
27 456
39 908
-
-
Income
215 000
215 000
215 000
215 000
Total tax
78 699
72 157
98 974
94 778
After tax
136 301
142 843
116 026
120 222
Living cost
35 140
35 140
35 140
35 140
Free-cash
101 161
107 703
80 886
85 082

Estimated living cost  is ₽35140 per week

₽25236
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2732
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6677
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽156229
₽165081
₽160535
₽166628
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 000
unemployment
-
-
-
140
health
-
-
-
4 016
income
-
-
-
32 250
pensions

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

-
-
-
5 168
total
-
-
-
41 574
Employee
22 772
-
208 149
-
income
2 278
-
20 815
-
pensions

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

1 999
-
3 066
-
health
1 048
-
1 606
-
accident

We are using the highest rate at 1.1%.

250
-
384
-
total
5 575
-
25 871
-
Employer
22 772
-
208 149
-
pensions

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

2 509
-
3 848
-
accident

We are using the highest rate at 1.1%.

250
-
384
-
health
1 571
-
2 409
-
unemployment
137
-
210
-
total
4 467
-
6 851
-
Corporate
187 760
215 000
-
-
income
18 776
21 500
-
-
total
18 776
21 500
-
-
Dividends
168 984
193 500
-
-
withholding
8 450
9 675
-
-
total
8 450
9 675
-
-
Income
215 000
215 000
215 000
215 000
Total tax
37 268
31 175
32 722
41 574
After tax
177 732
183 825
182 278
173 426
Living cost
17 197
17 197
17 197
17 197
Free-cash
160 535
166 628
165 081
156 229

Estimated living cost  is ₽17197 per week

₽11374
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽985
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽410
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4429
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70723
₽94904
₽85063
₽71983
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
215 000
trade
-
-
-
24 181
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.

-
-
-
6 831
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.

-
-
-
70 770
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.

-
-
-
3 892
total
-
-
-
105 674
Employee

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

49 751
-
215 000
-
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.

226
-
3 892
-
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.

4 091
-
70 770
-
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.

6 831
-
6 831
-
total
11 148
-
81 493
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
165 249
215 000
-
-
trade
23 713
30 853
-
-
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.

1 362
1 774
-
-
income
24 787
32 249
-
-
chamber of commerce
395
467
-
-
total
50 257
65 343
-
-
Dividends
114 993
149 657
-
-
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.

1 560
2 036
-
-
withholding
28 369
37 035
-
-
total
29 929
39 071
-
-
Income
215 000
215 000
215 000
215 000
Total tax
91 334
104 414
81 493
105 674
After tax
123 666
110 586
133 507
109 326
Living cost
38 603
38 603
38 603
38 603
Free-cash
85 063
71 983
94 904
70 723

Estimated living cost  is ₽38603 per week

₽26629
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽560
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7260
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51800
₽51800
₽95748
₽93541
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 000
social contributions
-
-
-
36 770
income
-
-
-
69 472
total
-
-
-
106 242
Employee
78 213
-
215 000
-
social contributions
6 498
-
36 770
-
income
14 759
-
69 472
-
total
21 257
-
106 242
-
Employer
78 213
-
215 000
-
total
-
-
-
-
Corporate
136 787
215 000
-
-
income
17 098
26 876
-
-
total
17 098
26 876
-
-
Dividends
119 688
188 124
-
-
withholding
23 939
37 625
-
-
total
23 939
37 625
-
-
Income
215 000
215 000
215 000
215 000
Total tax
62 294
64 501
106 242
106 242
After tax
152 706
150 499
108 758
108 758
Living cost
56 958
56 958
56 958
56 958
Free-cash
95 748
93 541
51 800
51 800

Estimated living cost  is ₽56958 per week

₽43333
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4641
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8440
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽139780
₽114202
₽101666
₽98171
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
215 000
health

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

-
-
-
6 675
income
-
-
-
32 249
total
-
-
-
38 924
Employee
45 869
-
210 401
-
social contributions
4 596
-
4 599
-
income
4 977
-
55 304
-
total
9 573
-
59 903
-
Employer
45 869
-
210 401
-
social contributions
4 596
-
4 599
-
total
4 596
-
4 599
-
Corporate
164 535
215 000
-
-
income
57 586
75 250
-
-
total
57 586
75 250
-
-
Dividends
106 949
139 750
-
-
social contributions
5 283
5 283
-
-
total
5 283
5 283
-
-
Income
215 000
215 000
215 000
215 000
Total tax
77 038
80 533
64 502
38 924
After tax
137 962
134 467
150 498
176 076
Living cost
36 296
36 296
36 296
36 296
Free-cash
101 666
98 171
114 202
139 780

Estimated living cost  is ₽36296 per week

₽23908
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2861
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8969
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽102374
₽83125
₽105255
₽99302
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 000
income
-
-
-
65 469
pensions
-
-
-
9 805
total
-
-
-
75 274
Employee
51 271
-
187 465
-
income
9 337
-
52 635
-
pensions
3 913
-
11 782
-
health
669
-
2 572
-
total
13 919
-
66 989
-
Employer
51 271
-
187 465
-
pensions
5 180
-
23 973
-
health
974
-
3 561
-
total
6 154
-
27 534
-
Corporate
157 574
215 000
-
-
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.

29 940
40 849
-
-
total
29 940
40 849
-
-
Dividends
127 635
174 151
-
-
withholding
22 380
37 497
-
-
total
22 380
37 497
-
-
Income
215 000
215 000
215 000
215 000
Total tax
72 393
78 346
94 523
75 274
After tax
142 607
136 654
120 477
139 726
Living cost
37 352
37 352
37 352
37 352
Free-cash
105 255
99 302
83 125
102 374

Estimated living cost  is ₽37352 per week

₽25623
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3435
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽467
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7824
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽123104
₽94445
₽13775
-₽6313
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 000
other
-
-
-
369
accident
-
-
-
252
health
-
-
-
2 172
income
-
-
-
61 230
pensions
-
-
-
4 145
total
-
-
-
68 168
Employee
37 325
-
195 953
-
income
5 121
-
47 744
-
pensions
4 203
-
7 599
-
health
4 274
-
22 437
-
total
13 598
-
77 780
-
Employer
37 325
-
195 953
-
pensions
6 069
-
10 974
-
accident
623
-
3 272
-
unemployment
914
-
4 801
-
total
7 606
-
19 047
-
Corporate
170 068
215 000
-
-
income

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

153 061
193 500
-
-
total
153 061
193 500
-
-
Dividends
17 007
21 500
-
-
withholding
3 232
4 085
-
-
total
3 232
4 085
-
-
Income
215 000
215 000
215 000
215 000
Total tax
177 497
197 585
96 827
68 168
After tax
37 503
17 415
118 173
146 832
Living cost
23 728
23 728
23 728
23 728
Free-cash
13 775
-6 313
94 445
123 104

Estimated living cost  is ₽23728 per week

₽17414
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1383
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4454
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽121505
₽143483
₽147950
₽150974
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
215 000
work injury
-
-
-
799
unemployment
-
-
-
1 918
income
-
-
-
36 037
health insurance
-
-
-
11 829
pensions
-
-
-
29 411
total
-
-
-
79 994
Employee

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

21 601
-
215 000
-
income
2 160
-
36 037
-
work injury
108
-
400
-
pensions
3 975
-
14 706
-
unemployment
259
-
959
-
health insurance
1 598
-
5 914
-
total
8 100
-
58 016
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
193 399
215 000
-
-
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%.

19 340
21 500
-
-
total
19 340
21 500
-
-
Dividends
174 059
193 500
-
-
withholding
26 109
29 025
-
-
total
26 109
29 025
-
-
Income
215 000
215 000
215 000
215 000
Total tax
53 549
50 525
58 016
79 994
After tax
161 451
164 475
156 984
135 006
Living cost
13 501
13 501
13 501
13 501
Free-cash
147 950
150 974
143 483
121 505

Estimated living cost  is ₽13501 per week

₽8364
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽981
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽421
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3735
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60509
₽52294
₽68864
₽73415
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 000
social contributions
-
-
-
50 044
municipal
-
-
-
1 484
national
-
-
-
57 972
regional
-
-
-
5 158
total
-
-
-
114 658
Employee
84 257
-
215 000
-
national
14 239
-
51 279
-
social contributions
28 411
-
65 609
-
municipal
503
-
1 345
-
regional
1 272
-
4 640
-
total
44 425
-
122 873
-
Employer
84 257
-
215 000
-
total
-
-
-
-
Corporate
130 743
215 000
-
-
nationa
31 379
51 600
-
-
municipal
6 302
10 362
-
-
total
37 681
61 962
-
-
Dividends
93 063
153 038
-
-
withholding
24 197
39 790
-
-
total
24 197
39 790
-
-
Income
215 000
215 000
215 000
215 000
Total tax
106 303
101 752
122 873
114 658
After tax
108 697
113 248
92 127
100 342
Living cost
39 833
39 833
39 833
39 833
Free-cash
68 864
73 415
52 294
60 509

Estimated living cost  is ₽39833 per week

₽27980
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2740
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.
₽8510
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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