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
₽ 216000
per

Your estimated
City
free-cash

Dresden , Germany
₽80540
₽104851
₽77677
₽90882
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
216 000
income

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

-
-
-
72 459
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.

-
-
-
3 985
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.

-
-
-
6 387
trade
-
-
-
27 174
total
-
-
-
110 005
Employee

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

35 759
-
216 000
-
surtax

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

55
-
3 985
-
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.

999
-
72 459
-
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.

6 387
-
6 387
-
total
7 441
-
82 831
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
180 241
216 000
-
-
income
27 035
32 401
-
-
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.

1 487
1 781
-
-
chamber of commerce
401
452
-
-
trade
28 387
34 020
-
-
total
57 310
68 654
-
-
Dividends
122 930
147 345
-
-
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.

1 671
2 007
-
-
withholding
30 378
36 481
-
-
total
32 049
38 488
-
-
Income
216 000
216 000
216 000
216 000
Total tax
96 800
107 142
82 831
110 005
After tax
119 200
108 858
133 169
105 995
Living cost
28 318
28 318
28 318
28 318
Free-cash
90 882
80 540
104 851
77 677

Estimated living cost  is ₽28318 per week

₽17813
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3302
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽529
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6675
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84712
₽74586
₽73425
₽83879
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
216 000
social contributions
-
-
-
2 322
municipal
-
-
-
23 960
national
-
-
-
40 301
pensions
-
-
-
25 920
total
-
-
-
92 503
Employee
77 622
-
186 730
-
municipal
9 588
-
24 796
-
pensions
3 105
-
7 469
-
national
14 857
-
42 132
-
total
27 550
-
74 397
-
Employer
77 622
-
186 730
-
pensions
6 210
-
14 938
-
social contributions
834
-
2 007
-
total
7 044
-
16 945
-
Corporate
126 211
216 000
-
-
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%.

25 242
43 200
-
-
total
25 242
43 200
-
-
Dividends
100 969
172 800
-
-
withholding
22 213
38 016
-
-
total
22 213
38 016
-
-
Income
216 000
216 000
216 000
216 000
Total tax
82 049
81 216
91 342
92 503
After tax
133 951
134 784
124 658
123 497
Living cost
50 072
50 072
50 072
50 072
Free-cash
83 879
84 712
74 586
73 425

Estimated living cost  is ₽50072 per week

₽34034
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4655
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽749
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10635
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽153349
₽74761
₽59496
₽145680
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
216 000
income
-
-
-
46 152
surtax
-
-
-
55 080
social contributions

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

-
-
-
35 821
microenterprise
-
-
-
-
total
-
-
-
137 053
Employee
27 319
-
170 412
-
surtax
-
-
24 709
-
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.

3 006
-
12 256
-
income
4 863
-
39 236
-
total
7 869
-
76 201
-
Employer
27 319
-
170 412
-
social contributions

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

6 581
-
26 842
-
surtax
-
-
18 745
-
total
6 581
-
45 587
-
Corporate
182 100
216 000
-
-
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%.

36 419
43 200
-
-
total
36 419
43 200
-
-
Dividends

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

145 681
172 800
-
-
total
-
-
-
-
Income
216 000
216 000
216 000
216 000
Total tax
50 869
43 200
121 788
137 053
After tax
165 131
172 800
94 212
78 947
Living cost
19 451
19 451
19 451
19 451
Free-cash
145 680
153 349
74 761
59 496

Estimated living cost  is ₽19451 per week

₽12409
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1852
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽442
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4748
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68539
₽98967
₽76513
₽62813
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
216 000
income
-
-
-
77 838
health
-
-
-
11 529
pensions
-
-
-
10 954
total
-
-
-
100 321
Employee
79 840
79 840
198 625
-
pensions
14 371
10 954
10 954
-
income

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

13 068
13 068
38 010
-
health
12 254
10 423
11 529
-
total
39 693
34 445
60 493
-
Employer
79 840
79 840
198 625
-
health
5 550
5 550
6 896
-
pensions
5 557
5 557
6 907
-
unemployment
2 874
2 874
3 571
-
total
13 981
13 981
17 374
-
Corporate
123 159
122 180
-
-
income
24 631
24 436
-
-
total
24 631
24 436
-
-
Dividends
98 528
97 744
-
-
income
20 937
20 771
-
-
withholding
14 779
14 662
-
-
total
35 716
35 433
-
-
Income
216 000
216 000
216 000
216 000
Total tax
114 021
108 295
77 867
100 321
After tax
101 979
107 705
138 133
115 679
Living cost
39 166
39 166
39 166
39 166
Free-cash
62 813
68 539
98 967
76 513

Estimated living cost  is ₽39166 per week

₽27756
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.
₽623
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7257
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79891
₽68982
₽69906
₽79038
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
216 000
accident
-
-
-
167
other
-
-
-
9 689
unemployment
-
-
-
83
health
-
-
-
5 203
municipal
-
-
-
57 208
national
-
-
-
26 686
pensions
-
-
-
9 013
total
-
-
-
108 049
Employee
54 210
-
189 802
-
municipal
16 165
-
56 599
-
national
-
-
26 176
-
total
16 165
-
82 775
-
Employer
54 210
-
189 802
-
health
3 334
-
5 128
-
pensions
5 860
-
9 013
-
accident
108
-
167
-
unemployment
1 431
-
2 201
-
other
6 299
-
9 689
-
total
17 032
-
26 198
-
Corporate
144 757
216 000
-
-
income
31 847
47 520
-
-
total
31 847
47 520
-
-
Dividends
112 911
168 480
-
-
withholding
33 873
50 544
-
-
total
33 873
50 544
-
-
Income
216 000
216 000
216 000
216 000
Total tax
98 917
98 064
108 973
108 049
After tax
117 083
117 936
107 027
107 951
Living cost
38 045
38 045
38 045
38 045
Free-cash
79 038
79 891
68 982
69 906

Estimated living cost  is ₽38045 per week

₽25214
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3733
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽578
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8519
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71021
₽96441
₽68059
₽84156
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
216 000
income

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

-
-
-
72 459
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.

-
-
-
3 985
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.

-
-
-
6 387
trade
-
-
-
28 382
total
-
-
-
111 213
Employee

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

47 412
-
216 000
-
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.

224
-
3 985
-
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.

4 074
-
72 459
-
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.

6 387
-
6 387
-
total
10 685
-
82 831
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
168 588
216 000
-
-
income
25 288
32 401
-
-
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.

1 391
1 781
-
-
chamber of commerce
381
449
-
-
trade
27 733
35 532
-
-
total
54 793
70 163
-
-
Dividends
113 795
145 837
-
-
surtax

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

1 545
1 985
-
-
withholding
28 093
36 103
-
-
total
29 638
38 088
-
-
Income
216 000
216 000
216 000
216 000
Total tax
95 116
108 251
82 831
111 213
After tax
120 884
107 749
133 169
104 787
Living cost
36 728
36 728
36 728
36 728
Free-cash
84 156
71 021
96 441
68 059

Estimated living cost  is ₽36728 per week

₽24564
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3873
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.
₽7743
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽127081
₽112981
₽114742
₽123206
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
216 000
income
-
-
-
50 299
social contributions
-
-
-
15 127
health
-
-
-
5 507
total
-
-
-
70 933
Employee
71 892
71 892
204 175
-
social contributions
3 493
5 967
8 048
-
income
7 549
6 655
49 351
-
health
715
1 222
3 470
-
total
11 757
13 844
60 869
-
Employer
71 892
71 892
204 175
-
health
779
1 331
3 777
-
social contributions
3 493
5 967
8 048
-
total
4 272
7 298
11 825
-
Corporate
169 645
136 811
-
-
income
21 205
17 102
-
-
total
21 205
17 102
-
-
Dividends
148 440
119 709
-
-
withholding
25 235
20 350
-
-
total
25 235
20 350
-
-
Income
216 000
216 000
216 000
216 000
Total tax
62 469
58 594
72 694
70 933
After tax
153 531
157 406
143 306
145 067
Living cost
30 325
30 325
30 325
30 325
Free-cash
123 206
127 081
112 981
114 742

Estimated living cost  is ₽30325 per week

₽20730
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2369
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.
₽6717
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽104156
₽108142
₽132559
₽104513
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
216 000
income
-
-
-
26 406
unemployment
-
-
-
3 240
health
-
-
-
15 120
pensions
-
-
-
21 600
total
-
-
-
66 366
Employee

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

The minimum wage is 138,000 HUF per month.

24 648
9 809
180 753
-
unemployment
370
147
2 711
-
pensions
2 465
981
18 075
-
income
3 013
1 199
22 097
-
health
1 725
687
12 653
-
total
7 573
3 014
55 536
-
Employer

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

The minimum wage is 138,000 HUF per month.

24 648
9 809
180 753
-
pensions
4 806
1 913
35 247
-
total
4 806
1 913
35 247
-
Corporate
186 546
204 278
-
-
income
16 789
18 385
-
-
total
16 789
18 385
-
-
Dividends
169 757
185 893
-
-
social contributions
32 990
36 137
-
-
withholding
32 254
35 320
-
-
total
65 244
71 457
-
-
Income
216 000
216 000
216 000
216 000
Total tax
94 412
94 769
90 783
66 366
After tax
121 588
121 231
125 217
149 634
Living cost
17 075
17 075
17 075
17 075
Free-cash
104 513
104 156
108 142
132 559

Estimated living cost  is ₽17075 per week

₽11652
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1397
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽341
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3684
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽150218
₽101915
₽93194
₽144411
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
216 000
income
-
-
-
28 944
health
-
-
-
28 080
pensions
-
-
-
43 200
total
-
-
-
100 224
Employee
26 523
-
161 434
-
unemployment
424
-
2 583
-
pensions
530
-
3 229
-
income
2 986
-
31 125
-
total
3 940
-
36 937
-
Employer
26 523
-
161 434
-
health
3 447
-
20 987
-
pensions
5 305
-
32 287
-
unemployment
213
-
1 292
-
total
8 965
-
54 566
-
Corporate
180 512
216 000
-
-
income
36 102
43 200
-
-
total
36 102
43 200
-
-
Dividends
144 411
172 800
-
-
total
-
-
-
-
Income
216 000
216 000
216 000
216 000
Total tax
49 007
43 200
91 503
100 224
After tax
166 993
172 800
124 497
115 776
Living cost
22 582
22 582
22 582
22 582
Free-cash
144 411
150 218
101 915
93 194

Estimated living cost  is ₽22582 per week

₽15489
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1345
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽454
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5294
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3285
₽98288
₽126698
₽14308
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
216 000
accident
-
-
-
239
income
-
-
-
61 942
other
-
-
-
350
health
-
-
-
2 060
pensions
-
-
-
3 930
total
-
-
-
68 521
Employee
32 690
-
197 458
-
pensions
3 681
-
7 207
-
income
4 485
-
48 572
-
health
3 743
-
22 609
-
total
11 909
-
78 388
-
Employer
32 690
-
197 458
-
pensions
5 316
-
10 407
-
accident
546
-
3 298
-
unemployment
801
-
4 838
-
total
6 663
-
18 543
-
Corporate
176 648
216 000
-
-
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.

158 983
194 400
-
-
total
158 983
194 400
-
-
Dividends
17 665
21 600
-
-
withholding
3 356
4 104
-
-
total
3 356
4 104
-
-
Income
216 000
216 000
216 000
216 000
Total tax
180 911
198 504
96 931
68 521
After tax
35 089
17 496
119 069
147 479
Living cost
20 781
20 781
20 781
20 781
Free-cash
14 308
-3 285
98 288
126 698

Estimated living cost  is ₽20781 per week

₽15231
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1151
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽434
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3966
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽197554
₽165154
₽206194
₽196121
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
216 000
microenterprise

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

-
-
-
2 160
total
-
-
-
2 160
Employee
9 557
-
216 000
-
income
1 911
-
43 200
-
total
1 911
-
43 200
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

206 443
216 000
-
-
total
-
-
-
-
Dividends
206 443
216 000
-
-
withholding
10 322
10 800
-
-
total
10 322
10 800
-
-
Income
216 000
216 000
216 000
216 000
Total tax
12 233
10 800
43 200
2 160
After tax
203 767
205 200
172 800
213 840
Living cost
7 646
7 646
7 646
7 646
Free-cash
196 121
197 554
165 154
206 194

Estimated living cost  is ₽7646 per week

₽4739
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽636
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽210
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2062
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽133785
₽103926
₽105696
₽127469
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
216 000
income
-
-
-
38 261
other
-
-
-
6 753
health
-
-
-
6 256
pensions

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

-
-
-
34 122
total
-
-
-
85 392
Employee
33 946
-
179 872
-
unemployment
339
-
1 421
-
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.

2 376
-
9 952
-
income
5 844
-
37 670
-
health
475
-
1 991
-
total
9 034
-
51 034
-
Employer
33 946
-
179 872
-
health
475
-
1 991
-
pensions

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

5 772
-
24 170
-
accident
271
-
1 439
-
unemployment
339
-
1 421
-
other
1 698
-
7 107
-
total
8 555
-
36 128
-
Corporate
173 498
216 000
-
-
income
36 435
45 359
-
-
total
36 435
45 359
-
-
Dividends
137 063
170 641
-
-
withholding
9 595
11 944
-
-
total
9 595
11 944
-
-
Income
216 000
216 000
216 000
216 000
Total tax
63 619
57 303
87 162
85 392
After tax
152 381
158 697
128 838
130 608
Living cost
24 912
24 912
24 912
24 912
Free-cash
127 469
133 785
103 926
105 696

Estimated living cost  is ₽24912 per week

₽17602
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1682
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽401
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5227
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73822
₽58148
₽77405
₽81266
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
216 000
income
-
-
-
67 373
pensions
-
-
-
9 382
total
-
-
-
76 755
Employee
87 494
-
188 197
-
pensions
8 441
-
11 152
-
income
15 772
-
54 536
-
health
1 442
-
2 521
-
total
25 655
-
68 209
-
Employer
87 494
-
188 197
-
health
1 662
-
3 576
-
pensions
10 331
-
24 227
-
total
11 993
-
27 803
-
Corporate
116 514
216 000
-
-
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.

22 137
41 039
-
-
total
22 137
41 039
-
-
Dividends
94 377
174 961
-
-
withholding
13 109
39 299
-
-
total
13 109
39 299
-
-
Income
216 000
216 000
216 000
216 000
Total tax
72 894
80 338
96 012
76 755
After tax
143 106
135 662
119 988
139 245
Living cost
61 840
61 840
61 840
61 840
Free-cash
81 266
73 822
58 148
77 405

Estimated living cost  is ₽61840 per week

₽46338
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7266
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7734
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽172417
₽171638
₽162614
₽168070
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
216 000
income
-
-
-
32 400
unemployment
-
-
-
131
health
-
-
-
3 757
pensions

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

-
-
-
4 835
total
-
-
-
41 123
Employee
16 238
-
209 590
-
accident

We are using the highest rate at 1.1%.

179
-
359
-
pensions

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

1 426
-
2 869
-
income
1 624
-
20 959
-
health
747
-
1 503
-
total
3 976
-
25 690
-
Employer
16 238
-
209 590
-
health
1 121
-
2 254
-
pensions

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

1 790
-
3 600
-
accident

We are using the highest rate at 1.1%.

179
-
359
-
unemployment
97
-
196
-
total
3 187
-
6 409
-
Corporate
196 576
216 000
-
-
income
19 658
21 600
-
-
total
19 658
21 600
-
-
Dividends
176 918
194 400
-
-
withholding
8 846
9 720
-
-
total
8 846
9 720
-
-
Income
216 000
216 000
216 000
216 000
Total tax
35 667
31 320
32 099
41 123
After tax
180 333
184 680
183 901
174 877
Living cost
12 263
12 263
12 263
12 263
Free-cash
168 070
172 417
171 638
162 614

Estimated living cost  is ₽12263 per week

₽7159
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽876
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽325
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3903
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55862
₽86290
₽63836
₽58214
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
216 000
income
-
-
-
77 838
health
-
-
-
11 529
pensions
-
-
-
10 954
total
-
-
-
100 321
Employee
86 680
79 840
198 625
-
pensions
10 954
10 954
10 954
-
income

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

13 068
13 068
38 010
-
health
10 814
10 423
11 529
-
total
34 836
34 445
60 493
-
Employer
86 680
79 840
198 625
-
health
6 023
5 550
6 896
-
pensions
6 032
5 557
6 907
-
unemployment
3 121
2 874
3 571
-
total
15 176
13 981
17 374
-
Corporate
114 143
122 180
-
-
income
22 829
24 436
-
-
total
22 829
24 436
-
-
Dividends
91 315
97 744
-
-
income
19 405
20 771
-
-
withholding
13 697
14 662
-
-
total
33 102
35 433
-
-
Income
216 000
216 000
216 000
216 000
Total tax
105 943
108 295
77 867
100 321
After tax
110 057
107 705
138 133
115 679
Living cost
51 843
51 843
51 843
51 843
Free-cash
58 214
55 862
86 290
63 836

Estimated living cost  is ₽51843 per week

₽38243
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4631
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽594
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8376
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽125480
₽94957
₽104434
₽117191
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
216 000
income
-
-
-
23 011
social contributions
-
-
-
33 436
solidarity contribution
-
-
-
2 723
health
-
-
-
29 160
total
-
-
-
88 330
Employee
34 171
-
171 902
-
solidarity contribution
-
-
1 872
-
social contributions
2 221
-
7 443
-
income
4 100
-
21 188
-
health
4 613
-
23 207
-
total
10 934
-
53 710
-
Employer
34 171
-
171 902
-
health
3 075
-
15 471
-
social contributions
8 543
-
28 626
-
total
11 618
-
44 097
-
Corporate
170 212
216 000
-
-
income
32 340
41 040
-
-
total
32 340
41 040
-
-
Dividends
137 871
174 960
-
-
withholding
20 681
26 244
-
-
total
20 681
26 244
-
-
Income
216 000
216 000
216 000
216 000
Total tax
75 573
67 284
97 807
88 330
After tax
140 427
148 716
118 193
127 670
Living cost
23 236
23 236
23 236
23 236
Free-cash
117 191
125 480
94 957
104 434

Estimated living cost  is ₽23236 per week

₽16140
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1653
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.
₽4986
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75793
₽57076
₽65003
₽70911
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
216 000
social contributions
-
-
-
46 793
regional
-
-
-
2 758
municipal
-
-
-
1 354
national
-
-
-
60 641
total
-
-
-
111 546
Employee
83 091
-
216 000
-
municipal
440
-
1 237
-
national
14 398
-
54 383
-
regional
784
-
2 506
-
social contributions
28 018
-
61 347
-
total
43 640
-
119 473
-
Employer
83 091
-
216 000
-
total
-
-
-
-
Corporate
132 909
216 000
-
-
municipal
5 184
8 424
-
-
nationa
31 899
51 841
-
-
total
37 083
60 265
-
-
Dividends
95 826
155 735
-
-
withholding
24 915
40 491
-
-
total
24 915
40 491
-
-
Income
216 000
216 000
216 000
216 000
Total tax
105 638
100 756
119 473
111 546
After tax
110 362
115 244
96 527
104 454
Living cost
39 451
39 451
39 451
39 451
Free-cash
70 911
75 793
57 076
65 003

Estimated living cost  is ₽39451 per week

₽27500
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2587
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽605
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8758
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽115231
₽75188
₽80905
₽112325
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
216 000
income
-
-
-
68 758
other
-
-
-
-
surtax
-
-
-
11 678
unemployment
-
-
-
213
health
-
-
-
8 859
pensions
-
-
-
24 956
total
-
-
-
114 464
Employee
30 918
-
189 735
-
other
-
-
-
-
unemployment
2 152
-
8 685
-
pensions
2 062
-
8 323
-
surtax
101
-
10 560
-
income
5 182
-
63 167
-
health
790
-
3 181
-
total
10 287
-
93 916
-
Employer
30 918
-
189 735
-
health
1 407
-
5 677
-
pensions
4 121
-
16 633
-
unemployment
979
-
3 955
-
other
-
-
-
-
total
6 507
-
26 265
-
Corporate
178 575
216 000
-
-
income
46 429
56 161
-
-
total
46 429
56 161
-
-
Dividends
132 145
159 839
-
-
withholding
19 821
23 977
-
-
total
19 821
23 977
-
-
Income
216 000
216 000
216 000
216 000
Total tax
83 044
80 138
120 181
114 464
After tax
132 956
135 862
95 819
101 536
Living cost
20 631
20 631
20 631
20 631
Free-cash
112 325
115 231
75 188
80 905

Estimated living cost  is ₽20631 per week

₽12615
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1904
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5637
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93415
₽77741
₽96998
₽99524
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
216 000
income
-
-
-
67 373
pensions
-
-
-
9 382
total
-
-
-
76 755
Employee
58 636
-
188 197
-
pensions
4 977
-
11 152
-
income
10 561
-
54 536
-
health
851
-
2 521
-
total
16 389
-
68 209
-
Employer
58 636
-
188 197
-
health
1 114
-
3 576
-
pensions
6 347
-
24 227
-
total
7 461
-
27 803
-
Corporate
149 903
216 000
-
-
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.

28 481
41 039
-
-
total
28 481
41 039
-
-
Dividends
121 422
174 961
-
-
withholding
21 898
39 299
-
-
total
21 898
39 299
-
-
Income
216 000
216 000
216 000
216 000
Total tax
74 229
80 338
96 012
76 755
After tax
141 771
135 662
119 988
139 245
Living cost
42 247
42 247
42 247
42 247
Free-cash
99 524
93 415
77 741
96 998

Estimated living cost  is ₽42247 per week

₽31651
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3167
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽442
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6987
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽24484
₽89217
₽97179
₽56268
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
216 000
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.

-
-
-
4 320
regional
-
-
-
12 060
health
-
-
-
487
city
-
-
-
2 276
national
-
-
-
5 519
pensions
-
-
-
19 872
total
-
-
-
44 534
Employee
86 935
-
194 364
-
unemployment
-
-
-
-
pensions
7 304
-
15 174
-
national
411
-
4 548
-
regional
2 847
-
10 736
-
city
933
-
2 103
-
health
197
-
437
-
total
11 692
-
32 998
-
Employer
86 935
-
194 364
-
health
197
-
437
-
pensions
7 304
-
15 174
-
unemployment
-
-
-
-
other

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

1 738
-
3 887
-
total
9 239
-
19 498
-
Corporate
118 871
216 000
-
-
regional
25 141
45 684
-
-
national
10 105
18 360
-
-
total
35 246
64 044
-
-
Dividends
83 625
151 955
-
-
withholding
29 268
53 185
-
-
total
29 268
53 185
-
-
Income
216 000
216 000
216 000
216 000
Total tax
85 445
117 229
52 496
44 534
After tax
130 555
98 771
163 504
171 466
Living cost
74 287
74 287
74 287
74 287
Free-cash
56 268
24 484
89 217
97 179

Estimated living cost  is ₽74287 per week

₽48308
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6666
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽912
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18400
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽63806
₽90339
₽60750
₽78969
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
216 000
income

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

-
-
-
72 459
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.

-
-
-
3 985
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.

-
-
-
6 387
trade
-
-
-
29 589
total
-
-
-
112 420
Employee

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

56 188
-
216 000
-
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.

364
-
3 985
-
income

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

6 607
-
72 459
-
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.

6 387
-
6 387
-
total
13 358
-
82 831
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
159 812
216 000
-
-
income
23 971
32 401
-
-
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.

1 318
1 781
-
-
chamber of commerce
367
445
-
-
trade
27 408
37 044
-
-
total
53 064
71 671
-
-
Dividends
106 747
144 329
-
-
surtax

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

1 448
1 966
-
-
withholding
26 331
35 727
-
-
total
27 779
37 693
-
-
Income
216 000
216 000
216 000
216 000
Total tax
94 201
109 364
82 831
112 420
After tax
121 799
106 636
133 169
103 580
Living cost
42 830
42 830
42 830
42 830
Free-cash
78 969
63 806
90 339
60 750

Estimated living cost  is ₽42830 per week

₽31281
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3426
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽557
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7567
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76879
₽79031
₽85718
₽82400
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
216 000
income
-
-
-
41 083
other
-
-
-
6 696
surtax
-
-
-
-
social contributions
-
-
-
6 155
health
-
-
-
10 736
pensions
-
-
-
33 625
total
-
-
-
98 295
Employee
40 014
-
164 509
-
pensions
4 524
-
12 544
-
surtax
-
-
-
-
social contributions
1 141
-
4 686
-
income
2 361
-
36 261
-
total
8 026
-
53 491
-
Employer
40 014
-
164 509
-
health
2 801
-
16 528
-
pensions
6 573
-
20 920
-
unemployment
1 620
-
6 662
-
social contributions
121
-
493
-
other
1 380
-
6 888
-
total
12 495
-
51 491
-
Corporate
163 491
216 000
-
-
income
45 778
60 479
-
-
surtax
-
-
-
-
total
45 778
60 479
-
-
Dividends
117 712
155 521
-
-
surtax
-
-
-
-
social contributions
20 247
26 748
-
-
withholding
15 067
19 907
-
-
total
35 314
46 655
-
-
Income
216 000
216 000
216 000
216 000
Total tax
101 613
107 134
104 982
98 295
After tax
114 387
108 866
111 018
117 705
Living cost
31 987
31 987
31 987
31 987
Free-cash
82 400
76 879
79 031
85 718

Estimated living cost  is ₽31987 per week

₽20169
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2601
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.
₽8674
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80048
₽82200
₽88887
₽85242
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
216 000
income
-
-
-
41 083
other
-
-
-
6 696
surtax
-
-
-
-
social contributions
-
-
-
6 155
health
-
-
-
10 736
pensions
-
-
-
33 625
total
-
-
-
98 295
Employee
35 718
-
164 509
-
pensions
4 040
-
12 544
-
surtax
-
-
-
-
social contributions
1 018
-
4 686
-
income
1 842
-
36 261
-
total
6 900
-
53 491
-
Employer
35 718
-
164 509
-
health
2 500
-
16 528
-
pensions
5 869
-
20 920
-
unemployment
1 446
-
6 662
-
social contributions
106
-
493
-
other
1 233
-
6 888
-
total
11 154
-
51 491
-
Corporate
169 128
216 000
-
-
income
47 355
60 479
-
-
surtax
-
-
-
-
total
47 355
60 479
-
-
Dividends
121 772
155 521
-
-
surtax
-
-
-
-
social contributions
20 945
26 748
-
-
withholding
15 586
19 907
-
-
total
36 531
46 655
-
-
Income
216 000
216 000
216 000
216 000
Total tax
101 940
107 134
104 982
98 295
After tax
114 060
108 866
111 018
117 705
Living cost
28 818
28 818
28 818
28 818
Free-cash
85 242
80 048
82 200
88 887

Estimated living cost  is ₽28818 per week

₽16713
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2927
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽546
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8632
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽111953
₽112927
₽118888
₽112442
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
216 000
income
-
-
-
32 401
social contributions
-
-
-
29 809
health
-
-
-
15 077
total
-
-
-
77 287
Employee
31 700
-
216 000
-
social contributions
4 375
-
29 809
-
income
5 287
-
38 362
-
health
2 212
-
15 077
-
total
11 874
-
83 248
-
Employer
31 700
-
216 000
-
total
-
-
-
-
Corporate
184 300
216 000
-
-
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%.

9 215
10 800
-
-
total
9 215
10 800
-
-
Dividends
175 085
205 200
-
-
social contributions
24 161
28 318
-
-
withholding
26 262
30 781
-
-
health
12 221
14 323
-
-
total
62 644
73 422
-
-
Income
216 000
216 000
216 000
216 000
Total tax
83 733
84 222
83 248
77 287
After tax
132 267
131 778
132 752
138 713
Living cost
19 825
19 825
19 825
19 825
Free-cash
112 442
111 953
112 927
118 888

Estimated living cost  is ₽19825 per week

₽13268
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1222
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4877
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86079
₽23625
₽77619
₽84630
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
216 000
income
-
-
-
70 094
surtax
-
-
-
185
unemployment
-
-
-
5 734
chamber of commerce
-
-
-
864
health
-
-
-
8 355
pensions
-
-
-
20 206
total
-
-
-
105 438
Employee
46 724
37 258
179 269
-
other
467
373
1 093
-
unemployment
1 402
1 118
3 277
-
pensions
4 785
3 815
11 185
-
income
5 319
2 748
58 989
-
health
1 808
1 442
4 226
-
total
13 781
9 496
78 770
-
Employer
46 724
37 258
179 269
-
chamber of commerce
186
149
717
-
health
1 765
1 409
4 129
-
pensions
5 864
4 677
13 708
-
accident
607
484
1 419
-
unemployment
1 402
1 118
3 277
-
surtax
185
185
185
-
payroll
1 402
1 118
5 378
-
other
2 220
1 769
7 920
-
total
13 631
10 909
36 733
-
Corporate
155 647
167 834
175 720
-
income

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

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

38 912
41 958
43 929
-
total
38 912
41 958
43 929
-
Dividends
116 735
125 875
-
-
withholding
32 103
34 615
-
-
total
32 103
34 615
-
-
Income
216 000
216 000
216 000
216 000
Total tax
98 427
96 978
159 432
105 438
After tax
117 573
119 022
56 568
110 562
Living cost
32 943
32 943
32 943
32 943
Free-cash
84 630
86 079
23 625
77 619

Estimated living cost  is ₽32943 per week

₽21972
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2810
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽541
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7620
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84128
₽39098
₽59888
₽72585
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
216 000
communal

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

-
-
-
11 561
social contributions
-
-
-
23 309
national
-
-
-
87 153
total
-
-
-
122 023
Employee

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

66 876
-
167 296
-
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.

582
-
1 455
-
communal

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

3 488
-
8 726
-
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.

5 016
-
12 547
-
national
20 560
-
63 524
-
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.

3 142
-
7 862
-
total
32 788
-
94 114
-
Employer

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

66 876
-
167 296
-
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.

4 113
-
10 289
-
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.

5 926
-
14 822
-
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.

869
-
2 175
-
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.

976
-
2 443
-
surtax
7 583
-
18 970
-
total
19 467
-
48 699
-
Corporate
129 657
216 000
-
-
income
25 932
46 672
-
-
surtax
518
933
-
-
total
26 450
47 605
-
-
Dividends
103 207
168 394
-
-
withholding

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

30 621
50 178
-
-
total
30 621
50 178
-
-
Income
216 000
216 000
216 000
216 000
Total tax
109 326
97 783
142 813
122 023
After tax
106 674
118 217
73 187
93 977
Living cost
34 089
34 089
34 089
34 089
Free-cash
72 585
84 128
39 098
59 888

Estimated living cost  is ₽34089 per week

₽21958
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2981
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽534
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8617
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽109594
₽82956
₽86880
₽103191
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
216 000
accident
-
-
-
781
income
-
-
-
69 358
other
-
-
-
87
unemployment
-
-
-
607
pensions
-
-
-
24 523
total
-
-
-
95 356
Employee
46 539
-
188 374
-
other
46
-
87
-
unemployment
722
-
1 343
-
pensions
2 188
-
4 074
-
income
9 819
-
66 149
-
total
12 775
-
71 653
-
Employer
46 539
-
188 374
-
pensions
10 982
-
20 451
-
accident
921
-
1 716
-
unemployment
2 560
-
4 766
-
other
371
-
694
-
total
14 834
-
27 627
-
Corporate
154 627
216 000
-
-
income

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

23 194
32 401
-
-
total
23 194
32 401
-
-
Dividends
131 433
183 599
-
-
withholding
28 242
40 241
-
-
total
28 242
40 241
-
-
Income
216 000
216 000
216 000
216 000
Total tax
79 045
72 642
99 280
95 356
After tax
136 955
143 358
116 720
120 644
Living cost
33 764
33 764
33 764
33 764
Free-cash
103 191
109 594
82 956
86 880

Estimated living cost  is ₽33764 per week

₽24864
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2395
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.
₽6018
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71018
₽58848
₽50238
₽58158
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
216 000
communal
-
-
-
13 651
accident
-
-
-
1 820
income
-
-
-
41 221
surtax
-
-
-
10 709
health
-
-
-
15 177
pensions
-
-
-
32 376
total
-
-
-
114 954
Employee
70 802
-
192 942
-
pensions
5 663
-
15 436
-
surtax
4 340
-
11 825
-
income
6 839
-
47 440
-
health
3 151
-
8 585
-
total
19 993
-
83 286
-
Employer
70 802
-
192 942
-
health
2 159
-
5 885
-
pensions
5 663
-
15 436
-
accident
637
-
1 737
-
total
8 459
-
23 058
-
Corporate
136 739
216 000
-
-
communal
9 229
14 580
-
-
income
20 512
32 401
-
-
surtax
1 435
2 267
-
-
total
31 176
49 248
-
-
Dividends
105 562
166 751
-
-
income
31 571
19 913
-
-
withholding
15 835
25 013
-
-
total
47 406
44 926
-
-
Income
216 000
216 000
216 000
216 000
Total tax
107 034
94 174
106 344
114 954
After tax
108 966
121 826
109 656
101 046
Living cost
50 808
50 808
50 808
50 808
Free-cash
58 158
71 018
58 848
50 238

Estimated living cost  is ₽50808 per week

₽38114
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3078
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽538
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9077
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽114862
₽74819
₽80536
₽111890
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
216 000
income
-
-
-
68 758
other
-
-
-
-
surtax
-
-
-
11 678
unemployment
-
-
-
213
health
-
-
-
8 859
pensions
-
-
-
24 956
total
-
-
-
114 464
Employee
31 485
-
189 735
-
other
-
-
-
-
unemployment
2 191
-
8 685
-
pensions
2 101
-
8 323
-
surtax
112
-
10 560
-
income
5 278
-
63 167
-
health
804
-
3 181
-
total
10 486
-
93 916
-
Employer
31 485
-
189 735
-
health
1 432
-
5 677
-
pensions
4 198
-
16 633
-
unemployment
999
-
3 955
-
other
-
-
-
-
total
6 629
-
26 265
-
Corporate
177 886
216 000
-
-
income
46 250
56 161
-
-
total
46 250
56 161
-
-
Dividends
131 636
159 839
-
-
withholding
19 745
23 977
-
-
total
19 745
23 977
-
-
Income
216 000
216 000
216 000
216 000
Total tax
83 110
80 138
120 181
114 464
After tax
132 890
135 862
95 819
101 536
Living cost
21 000
21 000
21 000
21 000
Free-cash
111 890
114 862
74 819
80 536

Estimated living cost  is ₽21000 per week

₽12679
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1826
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.
₽6009
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88348
₽70709
₽78591
₽86275
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
216 000
social contributions
-
-
-
46 793
regional
-
-
-
3 436
municipal
-
-
-
1 354
national
-
-
-
60 641
total
-
-
-
112 224
Employee
51 862
-
216 000
-
municipal
275
-
1 237
-
national
8 216
-
54 383
-
regional
698
-
3 139
-
social contributions
17 488
-
61 347
-
total
26 677
-
120 106
-
Employer
51 862
-
216 000
-
total
-
-
-
-
Corporate
164 138
216 000
-
-
municipal
8 158
10 736
-
-
nationa
39 393
51 841
-
-
total
47 551
62 577
-
-
Dividends
116 587
153 424
-
-
withholding
30 312
39 890
-
-
total
30 312
39 890
-
-
Income
216 000
216 000
216 000
216 000
Total tax
104 540
102 467
120 106
112 224
After tax
111 460
113 533
95 894
103 776
Living cost
25 185
25 185
25 185
25 185
Free-cash
86 275
88 348
70 709
78 591

Estimated living cost  is ₽25185 per week

₽15663
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2551
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽431
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6540
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽120083
₽89560
₽99037
₽109867
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
216 000
income
-
-
-
23 011
social contributions
-
-
-
33 436
solidarity contribution
-
-
-
2 723
health
-
-
-
29 160
total
-
-
-
88 330
Employee
42 107
-
171 902
-
solidarity contribution
-
-
1 872
-
social contributions
2 737
-
7 443
-
income
5 053
-
21 188
-
health
5 684
-
23 207
-
total
13 474
-
53 710
-
Employer
42 107
-
171 902
-
health
3 790
-
15 471
-
social contributions
10 527
-
28 626
-
total
14 317
-
44 097
-
Corporate
159 577
216 000
-
-
income
30 320
41 040
-
-
total
30 320
41 040
-
-
Dividends
129 257
174 960
-
-
withholding
19 389
26 244
-
-
total
19 389
26 244
-
-
Income
216 000
216 000
216 000
216 000
Total tax
77 500
67 284
97 807
88 330
After tax
138 500
148 716
118 193
127 670
Living cost
28 633
28 633
28 633
28 633
Free-cash
109 867
120 083
89 560
99 037

Estimated living cost  is ₽28633 per week

₽21293
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1586
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.
₽5258
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89294
₽26785
₽80919
₽88833
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
216 000
income
-
-
-
70 094
surtax
-
-
-
-
unemployment
-
-
-
5 734
chamber of commerce
-
-
-
864
health
-
-
-
8 355
pensions
-
-
-
20 206
total
-
-
-
105 253
Employee
40 869
37 258
179 441
-
other
408
373
1 093
-
unemployment
1 226
1 118
3 277
-
pensions
4 185
3 815
11 185
-
income
3 641
2 748
59 072
-
health
1 581
1 442
4 226
-
total
11 041
9 496
78 853
-
Employer
40 869
37 258
179 441
-
chamber of commerce
163
149
719
-
health
1 545
1 409
4 129
-
pensions
5 129
4 677
13 708
-
accident
530
484
1 419
-
unemployment
1 226
1 118
3 277
-
surtax
-
-
-
-
payroll
1 226
1 118
5 383
-
other
1 941
1 769
7 925
-
total
11 760
10 724
36 560
-
Corporate
163 370
168 018
175 892
-
income

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

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

40 842
42 004
43 974
-
total
40 842
42 004
43 974
-
Dividends
122 528
126 014
-
-
withholding
33 696
34 654
-
-
total
33 696
34 654
-
-
Income
216 000
216 000
216 000
216 000
Total tax
97 339
96 878
159 387
105 253
After tax
118 661
119 122
56 613
110 747
Living cost
29 828
29 828
29 828
29 828
Free-cash
88 833
89 294
26 785
80 919

Estimated living cost  is ₽29828 per week

₽17893
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3046
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽532
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8357
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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
₽193285
₽160885
₽201925
₽191051
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
216 000
microenterprise

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

-
-
-
2 160
total
-
-
-
2 160
Employee
14 894
-
216 000
-
income
2 979
-
43 200
-
total
2 979
-
43 200
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

201 106
216 000
-
-
total
-
-
-
-
Dividends
201 106
216 000
-
-
withholding
10 055
10 800
-
-
total
10 055
10 800
-
-
Income
216 000
216 000
216 000
216 000
Total tax
13 034
10 800
43 200
2 160
After tax
202 966
205 200
172 800
213 840
Living cost
11 915
11 915
11 915
11 915
Free-cash
191 051
193 285
160 885
201 925

Estimated living cost  is ₽11915 per week

₽8063
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽500
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽400
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2952
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽123640
₽69917
₽74604
₽115818
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
216 000
income
-
-
-
55 291
unemployment
-
-
-
325
health
-
-
-
21 255
pensions
-
-
-
39 448
total
-
-
-
116 319
Employee

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

41 343
-
186 899
-
unemployment
59
-
261
-
pensions
6 408
-
28 969
-
income
7 130
-
50 603
-
health
2 670
-
12 074
-
total
16 267
-
91 907
-
Employer

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

41 343
-
186 899
-
health
2 754
-
12 446
-
pensions
3 658
-
16 541
-
unemployment
25
-
112
-
total
6 437
-
29 099
-
Corporate
168 220
216 000
-
-
income
31 962
41 039
-
-
total
31 962
41 039
-
-
Dividends
136 258
174 961
-
-
withholding
20 439
26 244
-
-
total
20 439
26 244
-
-
Income
216 000
216 000
216 000
216 000
Total tax
75 105
67 283
121 006
116 319
After tax
140 895
148 717
94 994
99 681
Living cost
25 077
25 077
25 077
25 077
Free-cash
115 818
123 640
69 917
74 604

Estimated living cost  is ₽25077 per week

₽17210
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1607
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.
₽5775
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91167
₽163482
₽109026
₽46800
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
216 000
income
-
-
-
42 103
social contributions
-
-
-
24 624
total
-
-
-
66 727
Employee
57 709
-
-
-
social contributions
4 732
-
674
-
income
12 729
-
-
-
total
17 461
-
674
-
Employer
57 709
-
-
-
social contributions
81 369
-
11 597
-
total
81 369
-
11 597
-
Corporate
76 922
216 000
-
-
income
16 923
47 520
-
-
total
16 923
47 520
-
-
Dividends
59 999
168 480
-
-
income
13 200
37 066
-
-
total
13 200
37 066
-
-
Income
216 000
216 000
216 000
216 000
Total tax
128 953
84 586
12 271
66 727
After tax
87 047
131 414
203 729
149 273
Living cost
40 247
40 247
40 247
40 247
Free-cash
46 800
91 167
163 482
109 026

Estimated living cost  is ₽40247 per week

₽26114
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3785
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9835
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93535
₽65979
₽83059
₽92593
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
216 000
income
-
-
-
28 555
surtax
-
-
-
-
social contributions

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

-
-
-
75 060
total
-
-
-
103 615
Employee
43 000
-
174 546
-
surtax
-
-
335
-
social contributions
4 730
-
19 201
-
income
8 944
-
59 705
-
total
13 674
-
79 241
-
Employer
43 000
-
174 546
-
social contributions
10 212
-
41 454
-
total
10 212
-
41 454
-
Corporate
162 788
216 000
-
-
income
34 186
45 359
-
-
surtax
-
-
-
-
total
34 186
45 359
-
-
Dividends
128 602
170 641
-
-
withholding
36 009
47 780
-
-
total
36 009
47 780
-
-
Income
216 000
216 000
216 000
216 000
Total tax
94 081
93 139
120 695
103 615
After tax
121 919
122 861
95 305
112 385
Living cost
29 326
29 326
29 326
29 326
Free-cash
92 593
93 535
65 979
83 059

Estimated living cost  is ₽29326 per week

₽21942
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1730
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5165
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63710
₽65862
₽72549
₽70137
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
216 000
income
-
-
-
41 083
other
-
-
-
6 696
surtax
-
-
-
-
social contributions
-
-
-
6 155
health
-
-
-
10 736
pensions
-
-
-
33 625
total
-
-
-
98 295
Employee
58 557
-
164 509
-
pensions
6 623
-
12 544
-
surtax
-
-
-
-
social contributions
1 668
-
4 686
-
income
5 109
-
36 261
-
total
13 400
-
53 491
-
Employer
58 557
-
164 509
-
health
4 098
-
16 528
-
pensions
9 622
-
20 920
-
unemployment
2 372
-
6 662
-
social contributions
176
-
493
-
other
2 021
-
6 888
-
total
18 289
-
51 491
-
Corporate
139 155
216 000
-
-
income
38 963
60 479
-
-
surtax
-
-
-
-
total
38 963
60 479
-
-
Dividends
100 191
155 521
-
-
surtax
-
-
-
-
social contributions
17 231
26 748
-
-
withholding
12 824
19 907
-
-
total
30 055
46 655
-
-
Income
216 000
216 000
216 000
216 000
Total tax
100 707
107 134
104 982
98 295
After tax
115 293
108 866
111 018
117 705
Living cost
45 156
45 156
45 156
45 156
Free-cash
70 137
63 710
65 862
72 549

Estimated living cost  is ₽45156 per week

₽30561
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3694
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽619
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10282
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽166297
₽134949
₽129207
₽163155
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
216 000
income
-
-
-
11 170
social contributions
-
-
-
47 519
total
-
-
-
58 689
Employee
30 057
-
187 011
-
income
-
-
11 807
-
social contributions
1 953
-
12 155
-
total
1 953
-
23 962
-
Employer
30 057
-
187 011
-
social contributions
4 659
-
28 985
-
total
4 659
-
28 985
-
Corporate
181 284
216 000
-
-
income
18 129
21 599
-
-
total
18 129
21 599
-
-
Dividends
163 155
194 401
-
-
total
-
-
-
-
Income
216 000
216 000
216 000
216 000
Total tax
24 741
21 599
52 947
58 689
After tax
191 259
194 401
163 053
157 311
Living cost
28 104
28 104
28 104
28 104
Free-cash
163 155
166 297
134 949
129 207

Estimated living cost  is ₽28104 per week

₽18171
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2118
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽529
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7285
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12499
₽12499
₽79435
₽7116
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
216 000
labour market
-
-
-
17 215
municipal
-
-
-
46 523
national
-
-
-
27 035
pensions
-
-
-
810
total
-
-
-
91 583
Employee
189 858
189 858
189 858
-
municipal
40 429
40 429
40 429
-
labour market
15 167
15 167
15 167
-
pensions
270
270
270
-
national
23 195
23 195
23 195
-
total
79 061
79 061
79 061
-
Employer
189 858
189 858
189 858
-
national
23 235
23 235
23 235
-
labour market
15 189
15 189
15 189
-
pensions
540
540
540
-
municipal
40 494
40 494
40 494
-
total
79 458
79 458
79 458
-
Corporate
12 501
-
-
-
income
2 750
-
-
-
total
2 750
-
-
-
Dividends
9 750
-
-
-
withholding
2 633
-
-
-
total
2 633
-
-
-
Income
216 000
216 000
216 000
216 000
Total tax
163 902
158 519
158 519
91 583
After tax
52 098
57 481
57 481
124 417
Living cost
44 982
44 982
44 982
44 982
Free-cash
7 116
12 499
12 499
79 435

Estimated living cost  is ₽44982 per week

₽30786
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3979
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽692
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9525
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2979
₽98594
₽127004
₽14354
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
216 000
accident
-
-
-
239
income
-
-
-
61 942
other
-
-
-
350
health
-
-
-
2 060
pensions
-
-
-
3 930
total
-
-
-
68 521
Employee
32 208
-
197 458
-
pensions
3 627
-
7 207
-
income
4 419
-
48 572
-
health
3 688
-
22 609
-
total
11 734
-
78 388
-
Employer
32 208
-
197 458
-
pensions
5 237
-
10 407
-
accident
538
-
3 298
-
unemployment
789
-
4 838
-
total
6 564
-
18 543
-
Corporate
177 228
216 000
-
-
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.

159 505
194 400
-
-
total
159 505
194 400
-
-
Dividends
17 723
21 600
-
-
withholding
3 368
4 104
-
-
total
3 368
4 104
-
-
Income
216 000
216 000
216 000
216 000
Total tax
181 171
198 504
96 931
68 521
After tax
34 829
17 496
119 069
147 479
Living cost
20 475
20 475
20 475
20 475
Free-cash
14 354
-2 979
98 594
127 004

Estimated living cost  is ₽20475 per week

₽14903
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1167
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽384
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4020
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96267
₽71226
₽95967
₽99155
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
216 000
health
-
-
-
2 936
municipal
-
-
-
38 351
national
-
-
-
42 851
total
-
-
-
84 138
Employee
49 189
-
181 710
-
municipal
8 057
-
29 576
-
unemployment
738
-
2 725
-
pensions
3 320
-
12 265
-
national
813
-
27 616
-
health
367
-
2 408
-
total
13 295
-
74 590
-
Employer
49 189
-
181 710
-
health
378
-
1 400
-
pensions
8 534
-
31 526
-
accident
50
-
181
-
unemployment
319
-
1 182
-
total
9 281
-
34 289
-
Corporate
157 530
216 000
-
-
income
31 506
43 200
-
-
total
31 506
43 200
-
-
Dividends

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

94 518
129 600
-
-
municipal
17 013
23 327
-
-
national
9 855
17 311
-
-
total
26 868
40 638
-
-
Income
216 000
216 000
216 000
216 000
Total tax
80 950
83 838
108 879
84 138
After tax
135 050
132 162
107 121
131 862
Living cost
35 895
35 895
35 895
35 895
Free-cash
99 155
96 267
71 226
95 967

Estimated living cost  is ₽35895 per week

₽23446
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3453
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽8426
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽135760
₽121660
₽123421
₽130672
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
216 000
income
-
-
-
50 299
social contributions
-
-
-
15 127
health
-
-
-
5 507
total
-
-
-
70 933
Employee
71 892
71 892
204 175
-
social contributions
2 718
5 967
8 048
-
income
7 828
6 655
49 351
-
health
557
1 222
3 470
-
total
11 103
13 844
60 869
-
Employer
71 892
71 892
204 175
-
health
605
1 331
3 777
-
social contributions
2 718
5 967
8 048
-
total
3 323
7 298
11 825
-
Corporate
179 928
136 811
-
-
income
22 492
17 102
-
-
total
22 492
17 102
-
-
Dividends
157 436
119 709
-
-
withholding
26 764
20 350
-
-
total
26 764
20 350
-
-
Income
216 000
216 000
216 000
216 000
Total tax
63 682
58 594
72 694
70 933
After tax
152 318
157 406
143 306
145 067
Living cost
21 646
21 646
21 646
21 646
Free-cash
130 672
135 760
121 660
123 421

Estimated living cost  is ₽21646 per week

₽12973
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2124
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽479
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6071
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽164025
₽150645
₽169399
₽159272
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
216 000
income
-
-
-
22 400
unemployment
-
-
-
27
health
-
-
-
3 383
pensions
-
-
-
5 947
total
-
-
-
31 757
Employee

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

21 460
-
206 863
-
unemployment
106
-
444
-
pensions
3 218
-
13 307
-
income
1 467
-
20 082
-
health
1 824
-
7 540
-
total
6 615
-
41 373
-
Employer

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

21 460
-
206 863
-
health
923
-
3 815
-
pensions
1 180
-
4 879
-
unemployment
106
-
444
-
total
2 209
-
9 138
-
Corporate
192 331
216 000
-
-
income
17 309
19 440
-
-
total
17 309
19 440
-
-
Dividends
175 022
196 560
-
-
withholding
15 751
17 691
-
-
total
15 751
17 691
-
-
Income
216 000
216 000
216 000
216 000
Total tax
41 884
37 131
50 511
31 757
After tax
174 116
178 869
165 489
184 243
Living cost
14 844
14 844
14 844
14 844
Free-cash
159 272
164 025
150 645
169 399

Estimated living cost  is ₽14844 per week

₽9471
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1070
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽442
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3861
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽117648
₽91010
₽94934
₽113520
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
216 000
accident
-
-
-
781
income
-
-
-
69 358
other
-
-
-
87
unemployment
-
-
-
607
pensions
-
-
-
24 523
total
-
-
-
95 356
Employee
34 570
-
188 374
-
other
34
-
87
-
unemployment
536
-
1 343
-
pensions
1 625
-
4 074
-
income
6 665
-
66 149
-
total
8 860
-
71 653
-
Employer
34 570
-
188 374
-
pensions
8 158
-
20 451
-
accident
685
-
1 716
-
unemployment
1 902
-
4 766
-
other
277
-
694
-
total
11 022
-
27 627
-
Corporate
170 409
216 000
-
-
income

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

25 561
32 401
-
-
total
25 561
32 401
-
-
Dividends
144 848
183 599
-
-
withholding
31 327
40 241
-
-
total
31 327
40 241
-
-
Income
216 000
216 000
216 000
216 000
Total tax
76 770
72 642
99 280
95 356
After tax
139 230
143 358
116 720
120 644
Living cost
25 710
25 710
25 710
25 710
Free-cash
113 520
117 648
91 010
94 934

Estimated living cost  is ₽25710 per week

₽17354
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2471
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽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 Valencia model

Close
Istanbul , Turkey
₽132954
₽137365
₽137495
₽132653
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
216 000
income
-
-
-
74 372
health
-
-
-
968
pensions
-
-
-
1 335
total
-
-
-
76 675
Employee
2 788
-
214 498
-
unemployment
28
-
67
-
pensions
251
-
601
-
income
539
-
74 302
-
health
139
-
334
-
total
957
-
75 304
-
Employer
2 788
-
214 498
-
health
265
-
634
-
pensions
307
-
734
-
unemployment
56
-
133
-
total
628
-
1 501
-
Corporate
212 585
216 000
-
-
income
46 769
47 520
-
-
total
46 769
47 520
-
-
Dividends
165 816
168 480
-
-
withholding
33 163
33 696
-
-
total
33 163
33 696
-
-
Income
216 000
216 000
216 000
216 000
Total tax
81 517
81 216
76 805
76 675
After tax
134 483
134 784
139 195
139 325
Living cost
1 830
1 830
1 830
1 830
Free-cash
132 653
132 954
137 365
137 495

Estimated living cost  is ₽1830 per week

₽1088
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽148
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽42
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽552
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽139884
₽123602
₽123601
₽135283
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
216 000
income
-
-
-
50 093
unemployment
-
-
-
1 037
health
-
-
-
7 120
pensions
-
-
-
17 973
total
-
-
-
76 223
Employee

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

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

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

24 392
-
203 627
-
unemployment
183
-
518
-
pensions
3 415
-
9 678
-
income
3 362
-
50 093
-
health
1 256
-
3 560
-
total
8 216
-
63 849
-
Employer

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

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

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

24 392
-
203 627
-
health
1 256
-
3 560
-
pensions
2 927
-
8 295
-
unemployment
183
-
518
-
total
4 366
-
12 373
-
Corporate
187 242
216 000
-
-
income
28 086
32 400
-
-
total
28 086
32 400
-
-
Dividends
159 156
183 600
-
-
withholding
23 873
27 540
-
-
total
23 873
27 540
-
-
Income
216 000
216 000
216 000
216 000
Total tax
64 541
59 940
76 222
76 223
After tax
151 459
156 060
139 778
139 777
Living cost
16 176
16 176
16 176
16 176
Free-cash
135 283
139 884
123 602
123 601

Estimated living cost  is ₽16176 per week

₽10891
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1251
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3565
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97656
₽70100
₽87180
₽97320
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
216 000
income
-
-
-
28 555
surtax
-
-
-
-
social contributions

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

-
-
-
75 060
total
-
-
-
103 615
Employee
36 287
-
174 546
-
surtax
-
-
335
-
social contributions
3 992
-
19 201
-
income
7 090
-
59 705
-
total
11 082
-
79 241
-
Employer
36 287
-
174 546
-
social contributions
8 617
-
41 454
-
total
8 617
-
41 454
-
Corporate
171 096
216 000
-
-
income
35 930
45 359
-
-
surtax
-
-
-
-
total
35 930
45 359
-
-
Dividends
135 166
170 641
-
-
withholding
37 846
47 780
-
-
total
37 846
47 780
-
-
Income
216 000
216 000
216 000
216 000
Total tax
93 475
93 139
120 695
103 615
After tax
122 525
122 861
95 305
112 385
Living cost
25 205
25 205
25 205
25 205
Free-cash
97 320
97 656
70 100
87 180

Estimated living cost  is ₽25205 per week

₽17852
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1751
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽447
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5156
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽110500
₽83862
₽87786
₽104384
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
216 000
accident
-
-
-
781
income
-
-
-
69 358
other
-
-
-
87
unemployment
-
-
-
607
pensions
-
-
-
24 523
total
-
-
-
95 356
Employee
45 153
-
188 374
-
other
44
-
87
-
unemployment
699
-
1 343
-
pensions
2 122
-
4 074
-
income
9 431
-
66 149
-
total
12 296
-
71 653
-
Employer
45 153
-
188 374
-
pensions
10 656
-
20 451
-
accident
894
-
1 716
-
unemployment
2 484
-
4 766
-
other
362
-
694
-
total
14 396
-
27 627
-
Corporate
156 451
216 000
-
-
income

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

23 467
32 401
-
-
total
23 467
32 401
-
-
Dividends
132 984
183 599
-
-
withholding
28 599
40 241
-
-
total
28 599
40 241
-
-
Income
216 000
216 000
216 000
216 000
Total tax
78 758
72 642
99 280
95 356
After tax
137 242
143 358
116 720
120 644
Living cost
32 858
32 858
32 858
32 858
Free-cash
104 384
110 500
83 862
87 786

Estimated living cost  is ₽32858 per week

₽23597
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2555
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6243
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽168590
₽167812
₽158787
₽162892
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
216 000
income
-
-
-
32 400
unemployment
-
-
-
131
health
-
-
-
3 757
pensions

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

-
-
-
4 835
total
-
-
-
41 123
Employee
21 305
-
209 590
-
accident

We are using the highest rate at 1.1%.

234
-
359
-
pensions

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

1 870
-
2 869
-
income
2 131
-
20 959
-
health
980
-
1 503
-
total
5 215
-
25 690
-
Employer
21 305
-
209 590
-
health
1 470
-
2 254
-
pensions

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

2 348
-
3 600
-
accident

We are using the highest rate at 1.1%.

234
-
359
-
unemployment
128
-
196
-
total
4 180
-
6 409
-
Corporate
190 515
216 000
-
-
income
19 051
21 600
-
-
total
19 051
21 600
-
-
Dividends
171 464
194 400
-
-
withholding
8 573
9 720
-
-
total
8 573
9 720
-
-
Income
216 000
216 000
216 000
216 000
Total tax
37 019
31 320
32 099
41 123
After tax
178 981
184 680
183 901
174 877
Living cost
16 090
16 090
16 090
16 090
Free-cash
162 892
168 590
167 812
158 787

Estimated living cost  is ₽16090 per week

₽10641
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽921
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽384
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4144
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74986
₽97074
₽72315
₽87215
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
216 000
income

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

-
-
-
72 459
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.

-
-
-
3 985
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.

-
-
-
6 387
trade
-
-
-
24 759
total
-
-
-
107 590
Employee

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

46 519
-
216 000
-
surtax

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

211
-
3 985
-
income

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

3 825
-
72 459
-
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.

6 387
-
6 387
-
total
10 423
-
82 831
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
169 481
216 000
-
-
income
25 423
32 401
-
-
surtax

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

1 398
1 781
-
-
chamber of commerce
390
460
-
-
trade
24 321
30 995
-
-
total
51 532
65 637
-
-
Dividends
117 949
150 363
-
-
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.

1 602
2 047
-
-
withholding
29 133
37 235
-
-
total
30 735
39 282
-
-
Income
216 000
216 000
216 000
216 000
Total tax
92 690
104 919
82 831
107 590
After tax
123 310
111 081
133 169
108 410
Living cost
36 095
36 095
36 095
36 095
Free-cash
87 215
74 986
97 074
72 315

Estimated living cost  is ₽36095 per week

₽24899
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3884
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽523
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6788
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97942
₽54568
₽54568
₽100005
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
216 000
income
-
-
-
70 947
social contributions
-
-
-
37 227
total
-
-
-
108 174
Employee
73 133
-
216 000
-
income
13 800
-
70 947
-
social contributions
6 076
-
37 227
-
total
19 876
-
108 174
-
Employer
73 133
-
216 000
-
total
-
-
-
-
Corporate
142 867
216 000
-
-
income
17 859
27 000
-
-
total
17 859
27 000
-
-
Dividends
125 008
189 000
-
-
withholding
25 002
37 800
-
-
total
25 002
37 800
-
-
Income
216 000
216 000
216 000
216 000
Total tax
62 737
64 800
108 174
108 174
After tax
153 263
151 200
107 826
107 826
Living cost
53 258
53 258
53 258
53 258
Free-cash
100 005
97 942
54 568
54 568

Estimated living cost  is ₽53258 per week

₽40518
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4340
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.
₽7892
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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
₽101524
₽116510
₽143911
₽104790
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
216 000
income
-
-
-
32 401
health

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

-
-
-
5 750
total
-
-
-
38 151
Employee
42 889
-
211 699
-
income
4 654
-
56 950
-
social contributions
4 297
-
4 301
-
total
8 951
-
61 251
-
Employer
42 889
-
211 699
-
social contributions
4 297
-
4 301
-
total
4 297
-
4 301
-
Corporate
168 814
216 000
-
-
income
59 085
75 599
-
-
total
59 085
75 599
-
-
Dividends
109 729
140 401
-
-
social contributions
4 939
4 939
-
-
total
4 939
4 939
-
-
Income
216 000
216 000
216 000
216 000
Total tax
77 272
80 538
65 552
38 151
After tax
138 728
135 462
150 448
177 849
Living cost
33 938
33 938
33 938
33 938
Free-cash
104 790
101 524
116 510
143 911

Estimated living cost  is ₽33938 per week

₽22355
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2676
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.
₽8387
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽101316
₽85642
₽104899
₽106790
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
216 000
income
-
-
-
67 373
pensions
-
-
-
9 382
total
-
-
-
76 755
Employee
47 144
-
188 197
-
pensions
3 598
-
11 152
-
income
8 585
-
54 536
-
health
615
-
2 521
-
total
12 798
-
68 209
-
Employer
47 144
-
188 197
-
health
896
-
3 576
-
pensions
4 763
-
24 227
-
total
5 659
-
27 803
-
Corporate
163 197
216 000
-
-
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.

31 008
41 039
-
-
total
31 008
41 039
-
-
Dividends
132 189
174 961
-
-
withholding
25 399
39 299
-
-
total
25 399
39 299
-
-
Income
216 000
216 000
216 000
216 000
Total tax
74 864
80 338
96 012
76 755
After tax
141 136
135 662
119 988
139 245
Living cost
34 346
34 346
34 346
34 346
Free-cash
106 790
101 316
85 642
104 899

Estimated living cost  is ₽34346 per week

₽23561
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3158
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽430
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7195
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽5006
₽96567
₽124977
₽14045
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
216 000
accident
-
-
-
239
income
-
-
-
61 942
other
-
-
-
350
health
-
-
-
2 060
pensions
-
-
-
3 930
total
-
-
-
68 521
Employee
35 396
-
197 458
-
pensions
3 986
-
7 207
-
income
4 856
-
48 572
-
health
4 053
-
22 609
-
total
12 895
-
78 388
-
Employer
35 396
-
197 458
-
pensions
5 755
-
10 407
-
accident
591
-
3 298
-
unemployment
867
-
4 838
-
total
7 213
-
18 543
-
Corporate
173 391
216 000
-
-
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.

156 051
194 400
-
-
total
156 051
194 400
-
-
Dividends
17 339
21 600
-
-
withholding
3 294
4 104
-
-
total
3 294
4 104
-
-
Income
216 000
216 000
216 000
216 000
Total tax
179 453
198 504
96 931
68 521
After tax
36 547
17 496
119 069
147 479
Living cost
22 502
22 502
22 502
22 502
Free-cash
14 045
-5 006
96 567
124 977

Estimated living cost  is ₽22502 per week

₽16514
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1311
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4223
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽152626
₽146459
₽125923
₽149801
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
216 000
income
-
-
-
36 392
unemployment
-
-
-
1 792
work injury
-
-
-
747
health insurance
-
-
-
11 052
pensions
-
-
-
27 480
total
-
-
-
77 463
Employee

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

20 183
-
216 000
-
health insurance
1 493
-
5 526
-
unemployment
242
-
896
-
work injury
101
-
373
-
pensions
3 714
-
13 740
-
income
2 018
-
36 392
-
total
7 568
-
56 927
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
195 817
216 000
-
-
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%.

19 582
21 600
-
-
total
19 582
21 600
-
-
Dividends
176 236
194 400
-
-
withholding
26 435
29 160
-
-
total
26 435
29 160
-
-
Income
216 000
216 000
216 000
216 000
Total tax
53 585
50 760
56 927
77 463
After tax
162 415
165 240
159 073
138 537
Living cost
12 614
12 614
12 614
12 614
Free-cash
149 801
152 626
146 459
125 923

Estimated living cost  is ₽12614 per week

₽7815
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽917
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽394
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3489
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

Close
Rome , Italy
₽76527
₽56795
₽64476
₽72278
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
216 000
social contributions
-
-
-
46 793
regional
-
-
-
5 322
municipal
-
-
-
1 522
national
-
-
-
60 641
total
-
-
-
114 278
Employee
78 783
-
216 000
-
municipal
470
-
1 393
-
national
13 314
-
54 383
-
regional
1 189
-
4 837
-
social contributions
26 565
-
61 347
-
total
41 538
-
121 960
-
Employer
78 783
-
216 000
-
total
-
-
-
-
Corporate
137 217
216 000
-
-
municipal
6 614
10 411
-
-
nationa
32 931
51 841
-
-
total
39 545
62 252
-
-
Dividends
97 671
153 748
-
-
withholding
25 394
39 975
-
-
total
25 394
39 975
-
-
Income
216 000
216 000
216 000
216 000
Total tax
106 477
102 227
121 960
114 278
After tax
109 523
113 773
94 040
101 722
Living cost
37 246
37 246
37 246
37 246
Free-cash
72 278
76 527
56 795
64 476

Estimated living cost  is ₽37246 per week

₽26163
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.
₽562
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7957
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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