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
₽78863
₽103929
₽77165
₽89826
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
71 367
surtax

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

-
-
-
3 926
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.

-
-
-
6 769
trade
-
-
-
26 764
total
-
-
-
108 826
Employee

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

37 895
-
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.

58
-
3 926
-
income

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

1 059
-
71 367
-
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.

6 769
-
6 769
-
total
7 886
-
82 062
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
178 105
216 000
-
-
income
26 715
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.

1 468
1 782
-
-
chamber of commerce
406
461
-
-
trade
28 052
34 020
-
-
total
56 641
68 664
-
-
Dividends
121 464
147 337
-
-
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.

1 649
2 006
-
-
withholding
29 989
36 458
-
-
total
31 638
38 464
-
-
Income
216 000
216 000
216 000
216 000
Total tax
96 165
107 128
82 062
108 826
After tax
119 835
108 872
133 938
107 174
Living cost
30 009
30 009
30 009
30 009
Free-cash
89 826
78 863
103 929
77 165

Estimated living cost  is ₽30009 per week

₽18877
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3499
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽560
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7073
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82297
₽72947
₽71786
₽81424
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 901
national
-
-
-
39 584
pensions
-
-
-
25 920
total
-
-
-
91 727
Employee
81 365
-
186 730
-
municipal
10 050
-
24 737
-
pensions
3 255
-
7 469
-
national
15 573
-
41 415
-
total
28 878
-
73 621
-
Employer
81 365
-
186 730
-
pensions
6 509
-
14 938
-
social contributions
875
-
2 007
-
total
7 384
-
16 945
-
Corporate
121 881
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%.

24 376
43 200
-
-
total
24 376
43 200
-
-
Dividends
97 505
172 800
-
-
withholding
21 451
38 016
-
-
total
21 451
38 016
-
-
Income
216 000
216 000
216 000
216 000
Total tax
82 089
81 216
90 566
91 727
After tax
133 911
134 784
125 434
124 273
Living cost
52 487
52 487
52 487
52 487
Free-cash
81 424
82 297
72 947
71 786

Estimated living cost  is ₽52487 per week

₽35675
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4879
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽786
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11148
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽152188
₽72936
₽57490
₽144061
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
44 859
surtax
-
-
-
55 079
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.

-
-
-
37 960
microenterprise
-
-
-
-
total
-
-
-
137 898
Employee
28 951
-
168 968
-
surtax
-
-
24 500
-
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.

3 185
-
12 988
-
income
5 154
-
37 932
-
total
8 339
-
75 420
-
Employer
28 951
-
168 968
-
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.

6 974
-
28 445
-
surtax
-
-
18 587
-
total
6 974
-
47 032
-
Corporate
180 076
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%.

36 014
43 200
-
-
total
36 014
43 200
-
-
Dividends

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

144 061
172 800
-
-
total
-
-
-
-
Income
216 000
216 000
216 000
216 000
Total tax
51 327
43 200
122 452
137 898
After tax
164 673
172 800
93 548
78 102
Living cost
20 612
20 612
20 612
20 612
Free-cash
144 061
152 188
72 936
57 490

Estimated living cost  is ₽20612 per week

₽13150
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1963
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.
₽5031
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Riga model

Close
Rotterdam , Netherlands
₽66053
₽96650
₽74859
₽59984
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
75 811
health
-
-
-
12 217
pensions
-
-
-
11 608
total
-
-
-
99 636
Employee
84 607
84 607
197 588
-
pensions
15 229
11 608
11 608
-
income

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

13 849
13 849
35 608
-
health
12 986
11 046
12 217
-
total
42 064
36 503
59 433
-
Employer
84 607
84 607
197 588
-
health
5 881
5 881
7 308
-
pensions
5 889
5 889
7 319
-
unemployment
3 046
3 046
3 785
-
total
14 816
14 816
18 412
-
Corporate
117 615
116 577
-
-
income
23 523
23 316
-
-
total
23 523
23 316
-
-
Dividends
94 092
93 261
-
-
income
19 994
19 819
-
-
withholding
14 114
13 988
-
-
total
34 108
33 807
-
-
Income
216 000
216 000
216 000
216 000
Total tax
114 511
108 442
77 845
99 636
After tax
101 489
107 558
138 155
116 364
Living cost
41 504
41 504
41 504
41 504
Free-cash
59 984
66 053
96 650
74 859

Estimated living cost  is ₽41504 per week

₽29413
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3742
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽660
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7690
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77180
₽66944
₽67932
₽76266
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
179
other
-
-
-
10 379
unemployment
-
-
-
89
health
-
-
-
5 574
municipal
-
-
-
56 695
national
-
-
-
24 740
pensions
-
-
-
9 656
total
-
-
-
107 312
Employee
58 073
-
187 935
-
municipal
17 317
-
56 042
-
national
-
-
24 193
-
total
17 317
-
80 235
-
Employer
58 073
-
187 935
-
health
3 571
-
5 493
-
pensions
6 278
-
9 656
-
accident
116
-
179
-
unemployment
1 533
-
2 358
-
other
6 748
-
10 379
-
total
18 246
-
28 065
-
Corporate
139 680
216 000
-
-
income
30 730
47 520
-
-
total
30 730
47 520
-
-
Dividends
108 951
168 480
-
-
withholding
32 685
50 544
-
-
total
32 685
50 544
-
-
Income
216 000
216 000
216 000
216 000
Total tax
98 978
98 064
108 300
107 312
After tax
117 022
117 936
107 700
108 688
Living cost
40 756
40 756
40 756
40 756
Free-cash
76 266
77 180
66 944
67 932

Estimated living cost  is ₽40756 per week

₽27011
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3999
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.
₽9126
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68844
₽95017
₽67063
₽82767
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
71 367
surtax

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

-
-
-
3 926
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.

-
-
-
6 769
trade
-
-
-
27 954
total
-
-
-
110 016
Employee

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

50 244
-
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.

237
-
3 926
-
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.

4 317
-
71 367
-
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.

6 769
-
6 769
-
total
11 323
-
82 062
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
165 756
216 000
-
-
income
24 863
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.

1 367
1 782
-
-
chamber of commerce
385
457
-
-
trade
27 266
35 531
-
-
total
53 881
70 171
-
-
Dividends
111 875
145 829
-
-
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.

1 517
1 984
-
-
withholding
27 591
36 080
-
-
total
29 108
38 064
-
-
Income
216 000
216 000
216 000
216 000
Total tax
94 312
108 235
82 062
110 016
After tax
121 688
107 765
133 938
105 984
Living cost
38 921
38 921
38 921
38 921
Free-cash
82 767
68 844
95 017
67 063

Estimated living cost  is ₽38921 per week

₽26031
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4104
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽581
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8205
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽125304
₽111638
₽113423
₽121194
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
48 903
social contributions
-
-
-
16 030
health
-
-
-
5 509
total
-
-
-
70 442
Employee
76 185
76 185
203 704
-
social contributions
3 702
6 323
8 528
-
income
8 000
7 052
47 940
-
health
758
1 295
3 463
-
total
12 460
14 670
59 931
-
Employer
76 185
76 185
203 704
-
health
825
1 410
3 768
-
social contributions
3 702
6 323
8 528
-
total
4 527
7 733
12 296
-
Corporate
166 877
132 082
-
-
income
20 860
16 510
-
-
total
20 860
16 510
-
-
Dividends
146 017
115 572
-
-
withholding
24 824
19 648
-
-
total
24 824
19 648
-
-
Income
216 000
216 000
216 000
216 000
Total tax
62 671
58 561
72 227
70 442
After tax
153 329
157 439
143 773
145 558
Living cost
32 135
32 135
32 135
32 135
Free-cash
121 194
125 304
111 638
113 423

Estimated living cost  is ₽32135 per week

₽21968
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2510
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7118
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽103122
₽107085
₽131502
₽103498
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

26 173
10 417
180 753
-
unemployment
393
156
2 711
-
pensions
2 617
1 042
18 075
-
income
3 200
1 273
22 097
-
health
1 832
729
12 653
-
total
8 042
3 200
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.

26 173
10 417
180 753
-
pensions
5 104
2 031
35 247
-
total
5 104
2 031
35 247
-
Corporate
184 723
203 552
-
-
income
16 625
18 320
-
-
total
16 625
18 320
-
-
Dividends
168 098
185 232
-
-
social contributions
32 660
36 001
-
-
withholding
31 939
35 194
-
-
total
64 599
71 195
-
-
Income
216 000
216 000
216 000
216 000
Total tax
94 370
94 746
90 783
66 366
After tax
121 630
121 254
125 217
149 634
Living cost
18 132
18 132
18 132
18 132
Free-cash
103 498
103 122
107 085
131 502

Estimated living cost  is ₽18132 per week

₽12373
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1484
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽362
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3913
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽148869
₽100570
₽91845
₽142715
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 945
health
-
-
-
28 080
pensions
-
-
-
43 199
total
-
-
-
100 224
Employee
28 106
-
161 434
-
unemployment
449
-
2 583
-
pensions
562
-
3 228
-
income
3 164
-
31 124
-
total
4 175
-
36 935
-
Employer
28 106
-
161 434
-
health
3 653
-
20 986
-
pensions
5 622
-
32 286
-
unemployment
226
-
1 292
-
total
9 501
-
54 564
-
Corporate
178 393
216 000
-
-
income
35 678
43 200
-
-
total
35 678
43 200
-
-
Dividends
142 715
172 800
-
-
total
-
-
-
-
Income
216 000
216 000
216 000
216 000
Total tax
49 354
43 200
91 499
100 224
After tax
166 646
172 800
124 501
115 776
Living cost
23 931
23 931
23 931
23 931
Free-cash
142 715
148 869
100 570
91 845

Estimated living cost  is ₽23931 per week

₽16414
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1425
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5610
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4563
₽96651
₽125457
₽14114
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
253
income
-
-
-
61 500
other
-
-
-
372
health
-
-
-
2 187
pensions
-
-
-
4 172
total
-
-
-
68 484
Employee
34 699
-
196 843
-
pensions
3 907
-
7 650
-
income
4 760
-
47 944
-
health
3 973
-
22 539
-
total
12 640
-
78 133
-
Employer
34 699
-
196 843
-
pensions
5 642
-
11 047
-
accident
579
-
3 287
-
unemployment
850
-
4 823
-
total
7 071
-
19 157
-
Corporate
174 229
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.

156 806
194 400
-
-
total
156 806
194 400
-
-
Dividends
17 423
21 600
-
-
withholding
3 310
4 104
-
-
total
3 310
4 104
-
-
Income
216 000
216 000
216 000
216 000
Total tax
179 827
198 504
97 290
68 484
After tax
36 173
17 496
118 710
147 516
Living cost
22 059
22 059
22 059
22 059
Free-cash
14 114
-4 563
96 651
125 457

Estimated living cost  is ₽22059 per week

₽16167
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.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4209
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽197094
₽164694
₽205734
₽195575
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
10 133
-
216 000
-
income
2 026
-
43 200
-
total
2 026
-
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%.

205 867
216 000
-
-
total
-
-
-
-
Dividends
205 867
216 000
-
-
withholding
10 293
10 800
-
-
total
10 293
10 800
-
-
Income
216 000
216 000
216 000
216 000
Total tax
12 319
10 800
43 200
2 160
After tax
203 681
205 200
172 800
213 840
Living cost
8 106
8 106
8 106
8 106
Free-cash
195 575
197 094
164 694
205 734

Estimated living cost  is ₽8106 per week

₽5024
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽674
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽223
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2186
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽132294
₽100533
₽102335
₽125605
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
37 321
other
-
-
-
7 156
health
-
-
-
6 629
pensions

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

-
-
-
36 159
total
-
-
-
87 265
Employee
35 974
-
177 816
-
unemployment
359
-
1 506
-
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.

2 518
-
10 546
-
income
6 193
-
36 721
-
health
504
-
2 110
-
total
9 574
-
50 883
-
Employer
35 974
-
177 816
-
health
504
-
2 110
-
pensions

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

6 116
-
25 613
-
accident
288
-
1 423
-
unemployment
359
-
1 506
-
other
1 799
-
7 532
-
total
9 066
-
38 184
-
Corporate
170 960
216 000
-
-
income
35 902
45 361
-
-
total
35 902
45 361
-
-
Dividends
135 059
170 639
-
-
withholding
9 453
11 945
-
-
total
9 453
11 945
-
-
Income
216 000
216 000
216 000
216 000
Total tax
63 995
57 306
89 067
87 265
After tax
152 005
158 694
126 933
128 735
Living cost
26 400
26 400
26 400
26 400
Free-cash
125 605
132 294
100 533
102 335

Estimated living cost  is ₽26400 per week

₽18653
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1782
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽425
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5539
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Bratislava model

Close
London , United Kingdom
₽70849
₽54756
₽74073
₽78794
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
66 213
pensions
-
-
-
9 721
total
-
-
-
75 934
Employee
93 370
-
188 299
-
pensions
9 008
-
11 648
-
income
16 831
-
53 335
-
health
1 539
-
2 567
-
total
27 378
-
67 550
-
Employer
93 370
-
188 299
-
health
1 773
-
3 577
-
pensions
11 024
-
24 124
-
total
12 797
-
27 701
-
Corporate
109 832
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.

20 869
41 040
-
-
total
20 869
41 040
-
-
Dividends
88 964
174 960
-
-
withholding
10 169
38 118
-
-
total
10 169
38 118
-
-
Income
216 000
216 000
216 000
216 000
Total tax
71 213
79 158
95 251
75 934
After tax
144 787
136 842
120 749
140 066
Living cost
65 993
65 993
65 993
65 993
Free-cash
78 794
70 849
54 756
74 073

Estimated living cost  is ₽65993 per week

₽49450
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7754
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽537
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8254
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽171690
₽170286
₽161370
₽167089
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
138
health
-
-
-
3 980
pensions

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

-
-
-
5 122
total
-
-
-
41 640
Employee
17 201
-
209 210
-
accident

We are using the highest rate at 1.1%.

189
-
381
-
pensions

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

1 510
-
3 039
-
income
1 720
-
20 921
-
health
791
-
1 592
-
total
4 210
-
25 933
-
Employer
17 201
-
209 210
-
health
1 187
-
2 388
-
pensions

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

1 896
-
3 814
-
accident

We are using the highest rate at 1.1%.

189
-
381
-
unemployment
103
-
208
-
total
3 375
-
6 791
-
Corporate
195 424
216 000
-
-
income
19 542
21 600
-
-
total
19 542
21 600
-
-
Dividends
175 882
194 400
-
-
withholding
8 794
9 720
-
-
total
8 794
9 720
-
-
Income
216 000
216 000
216 000
216 000
Total tax
35 921
31 320
32 724
41 640
After tax
180 079
184 680
183 276
174 360
Living cost
12 990
12 990
12 990
12 990
Free-cash
167 089
171 690
170 286
161 370

Estimated living cost  is ₽12990 per week

₽7584
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽928
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽344
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4135
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52619
₽83216
₽61425
₽55111
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
75 811
health
-
-
-
12 217
pensions
-
-
-
11 608
total
-
-
-
99 636
Employee
91 856
84 607
197 588
-
pensions
11 608
11 608
11 608
-
income

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

13 849
13 849
35 608
-
health
11 460
11 046
12 217
-
total
36 917
36 503
59 433
-
Employer
91 856
84 607
197 588
-
health
6 383
5 881
7 308
-
pensions
6 393
5 889
7 319
-
unemployment
3 307
3 046
3 785
-
total
16 083
14 816
18 412
-
Corporate
108 061
116 577
-
-
income
21 612
23 316
-
-
total
21 612
23 316
-
-
Dividends
86 448
93 261
-
-
income
18 371
19 819
-
-
withholding
12 967
13 988
-
-
total
31 338
33 807
-
-
Income
216 000
216 000
216 000
216 000
Total tax
105 950
108 442
77 845
99 636
After tax
110 050
107 558
138 155
116 364
Living cost
54 939
54 939
54 939
54 939
Free-cash
55 111
52 619
83 216
61 425

Estimated living cost  is ₽54939 per week

₽40527
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4907
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽630
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8876
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽124115
₽92681
₽102009
₽115338
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
22 716
social contributions
-
-
-
35 400
solidarity contribution
-
-
-
2 114
health
-
-
-
29 160
total
-
-
-
89 390
Employee
36 178
-
170 359
-
solidarity contribution
-
-
1 277
-
social contributions
2 352
-
7 880
-
income
4 341
-
20 922
-
health
4 884
-
22 999
-
total
11 577
-
53 078
-
Employer
36 178
-
170 359
-
health
3 256
-
15 332
-
social contributions
9 045
-
30 308
-
total
12 301
-
45 640
-
Corporate
167 521
216 000
-
-
income
31 829
41 040
-
-
total
31 829
41 040
-
-
Dividends
135 692
174 960
-
-
withholding
20 354
26 244
-
-
total
20 354
26 244
-
-
Income
216 000
216 000
216 000
216 000
Total tax
76 061
67 284
98 718
89 390
After tax
139 939
148 716
117 282
126 610
Living cost
24 601
24 601
24 601
24 601
Free-cash
115 338
124 115
92 681
102 009

Estimated living cost  is ₽24601 per week

₽17088
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1750
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5279
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73439
₽53462
₽61860
₽68266
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
49 587
regional
-
-
-
2 699
municipal
-
-
-
1 331
national
-
-
-
58 716
total
-
-
-
112 333
Employee
88 053
-
216 000
-
municipal
466
-
1 207
-
national
15 257
-
52 084
-
regional
831
-
2 430
-
social contributions
29 691
-
65 010
-
total
46 245
-
120 731
-
Employer
88 053
-
216 000
-
total
-
-
-
-
Corporate
127 947
216 000
-
-
municipal
4 990
8 423
-
-
nationa
30 707
51 840
-
-
total
35 697
60 263
-
-
Dividends
92 250
155 737
-
-
withholding
23 985
40 491
-
-
total
23 985
40 491
-
-
Income
216 000
216 000
216 000
216 000
Total tax
105 927
100 754
120 731
112 333
After tax
110 073
115 246
95 269
103 667
Living cost
41 807
41 807
41 807
41 807
Free-cash
68 266
73 439
53 462
61 860

Estimated living cost  is ₽41807 per week

₽29142
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2741
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽641
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9280
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽114001
₽73746
₽79804
₽110916
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
67 060
other
-
-
-
-
surtax
-
-
-
11 213
unemployment
-
-
-
226
health
-
-
-
9 388
pensions
-
-
-
26 446
total
-
-
-
114 333
Employee
32 764
-
188 166
-
other
-
-
-
-
unemployment
2 281
-
9 203
-
pensions
2 185
-
8 820
-
surtax
107
-
10 029
-
income
5 492
-
61 133
-
health
837
-
3 371
-
total
10 902
-
92 556
-
Employer
32 764
-
188 166
-
health
1 491
-
6 017
-
pensions
4 368
-
17 627
-
unemployment
1 038
-
4 191
-
other
-
-
-
-
total
6 897
-
27 835
-
Corporate
176 340
216 000
-
-
income
45 848
56 160
-
-
total
45 848
56 160
-
-
Dividends
130 492
159 840
-
-
withholding
19 574
23 976
-
-
total
19 574
23 976
-
-
Income
216 000
216 000
216 000
216 000
Total tax
83 221
80 136
120 391
114 333
After tax
132 779
135 864
95 609
101 667
Living cost
21 863
21 863
21 863
21 863
Free-cash
110 916
114 001
73 746
79 804

Estimated living cost  is ₽21863 per week

₽13368
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2017
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽504
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5973
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91757
₽75664
₽94981
₽98274
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
66 213
pensions
-
-
-
9 721
total
-
-
-
75 934
Employee
62 574
-
188 299
-
pensions
5 311
-
11 648
-
income
11 270
-
53 335
-
health
908
-
2 567
-
total
17 489
-
67 550
-
Employer
62 574
-
188 299
-
health
1 189
-
3 577
-
pensions
6 774
-
24 124
-
total
7 963
-
27 701
-
Corporate
145 464
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.

27 638
41 040
-
-
total
27 638
41 040
-
-
Dividends
117 826
174 960
-
-
withholding
19 551
38 118
-
-
total
19 551
38 118
-
-
Income
216 000
216 000
216 000
216 000
Total tax
72 641
79 158
95 251
75 934
After tax
143 359
136 842
120 749
140 066
Living cost
45 085
45 085
45 085
45 085
Free-cash
98 274
91 757
75 664
94 981

Estimated living cost  is ₽45085 per week

₽33777
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3379
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7456
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽20420
₽85335
₽93785
₽53947
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
4 321
regional
-
-
-
11 777
health
-
-
-
487
city
-
-
-
2 276
national
-
-
-
5 129
pensions
-
-
-
19 872
total
-
-
-
43 862
Employee
91 693
-
194 077
-
unemployment
-
-
-
-
pensions
7 703
-
15 469
-
national
434
-
4 121
-
regional
3 002
-
10 402
-
city
984
-
2 095
-
health
207
-
437
-
total
12 330
-
32 524
-
Employer
91 693
-
194 077
-
health
207
-
437
-
pensions
7 703
-
15 469
-
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.

1 833
-
3 882
-
total
9 743
-
19 788
-
Corporate
113 555
216 000
-
-
regional
24 016
45 683
-
-
national
9 651
18 359
-
-
total
33 667
64 042
-
-
Dividends
79 888
151 958
-
-
withholding
27 960
53 185
-
-
total
27 960
53 185
-
-
Income
216 000
216 000
216 000
216 000
Total tax
83 700
117 227
52 312
43 862
After tax
132 300
98 773
163 688
172 138
Living cost
78 353
78 353
78 353
78 353
Free-cash
53 947
20 420
85 335
93 785

Estimated living cost  is ₽78353 per week

₽50952
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7031
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽962
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19407
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽61265
₽88551
₽59407
₽77332
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
71 367
surtax

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

-
-
-
3 926
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.

-
-
-
6 769
trade
-
-
-
29 144
total
-
-
-
111 206
Employee

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

59 543
-
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.

385
-
3 926
-
income

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

7 002
-
71 367
-
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.

6 769
-
6 769
-
total
14 156
-
82 062
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
156 457
216 000
-
-
income
23 468
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.

1 292
1 782
-
-
chamber of commerce
370
455
-
-
trade
26 832
37 045
-
-
total
51 962
71 683
-
-
Dividends
104 495
144 317
-
-
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.

1 416
1 963
-
-
withholding
25 747
35 702
-
-
total
27 163
37 665
-
-
Income
216 000
216 000
216 000
216 000
Total tax
93 281
109 348
82 062
111 206
After tax
122 719
106 652
133 938
104 794
Living cost
45 387
45 387
45 387
45 387
Free-cash
77 332
61 265
88 551
59 407

Estimated living cost  is ₽45387 per week

₽33149
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3631
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8019
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74966
₽79008
₽84900
₽80819
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
39 364
other
-
-
-
6 695
surtax
-
-
-
-
social contributions
-
-
-
6 154
health
-
-
-
10 429
pensions
-
-
-
34 561
total
-
-
-
97 203
Employee
42 403
-
165 059
-
pensions
4 794
-
12 353
-
surtax
-
-
-
-
social contributions
1 209
-
4 702
-
income
2 502
-
35 098
-
total
8 505
-
52 153
-
Employer
42 403
-
165 059
-
health
2 969
-
16 310
-
pensions
6 966
-
20 641
-
unemployment
1 717
-
6 684
-
social contributions
128
-
494
-
other
1 463
-
6 813
-
total
13 243
-
50 942
-
Corporate
160 355
216 000
-
-
income
44 900
60 479
-
-
surtax
-
-
-
-
total
44 900
60 479
-
-
Dividends
115 455
155 521
-
-
surtax
-
-
-
-
social contributions
19 858
26 751
-
-
withholding
14 778
19 907
-
-
total
34 636
46 658
-
-
Income
216 000
216 000
216 000
216 000
Total tax
101 284
107 137
103 095
97 203
After tax
114 716
108 863
112 905
118 797
Living cost
33 897
33 897
33 897
33 897
Free-cash
80 819
74 966
79 008
84 900

Estimated living cost  is ₽33897 per week

₽21374
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2756
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽577
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9192
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78324
₽82366
₽88258
₽83830
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
39 364
other
-
-
-
6 695
surtax
-
-
-
-
social contributions
-
-
-
6 154
health
-
-
-
10 429
pensions
-
-
-
34 561
total
-
-
-
97 203
Employee
37 851
-
165 059
-
pensions
4 281
-
12 353
-
surtax
-
-
-
-
social contributions
1 079
-
4 702
-
income
1 952
-
35 098
-
total
7 312
-
52 153
-
Employer
37 851
-
165 059
-
health
2 649
-
16 310
-
pensions
6 220
-
20 641
-
unemployment
1 532
-
6 684
-
social contributions
113
-
494
-
other
1 307
-
6 813
-
total
11 821
-
50 942
-
Corporate
166 329
216 000
-
-
income
46 572
60 479
-
-
surtax
-
-
-
-
total
46 572
60 479
-
-
Dividends
119 757
155 521
-
-
surtax
-
-
-
-
social contributions
20 597
26 751
-
-
withholding
15 329
19 907
-
-
total
35 926
46 658
-
-
Income
216 000
216 000
216 000
216 000
Total tax
101 631
107 137
103 095
97 203
After tax
114 369
108 863
112 905
118 797
Living cost
30 539
30 539
30 539
30 539
Free-cash
83 830
78 324
82 366
88 258

Estimated living cost  is ₽30539 per week

₽17711
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3102
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽579
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9147
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽110771
₽112033
₽117705
₽111284
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
29 808
health
-
-
-
15 077
total
-
-
-
77 286
Employee
33 593
-
216 000
-
social contributions
4 636
-
29 808
-
income
5 603
-
38 073
-
health
2 345
-
15 077
-
total
12 584
-
82 958
-
Employer
33 593
-
216 000
-
total
-
-
-
-
Corporate
182 407
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%.

9 121
10 800
-
-
total
9 121
10 800
-
-
Dividends
173 287
205 200
-
-
social contributions
23 914
28 317
-
-
withholding
25 993
30 780
-
-
health
12 095
14 323
-
-
total
62 002
73 420
-
-
Income
216 000
216 000
216 000
216 000
Total tax
83 707
84 220
82 958
77 286
After tax
132 293
131 780
133 042
138 714
Living cost
21 009
21 009
21 009
21 009
Free-cash
111 284
110 771
112 033
117 705

Estimated living cost  is ₽21009 per week

₽14060
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1295
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5169
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84203
₽21789
₽75853
₽82673
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
67 831
surtax
-
-
-
196
unemployment
-
-
-
6 077
chamber of commerce
-
-
-
865
health
-
-
-
8 854
pensions
-
-
-
21 413
total
-
-
-
105 236
Employee
49 514
39 483
177 953
-
other
494
395
1 158
-
unemployment
1 485
1 185
3 473
-
pensions
5 071
4 042
11 853
-
income
5 637
2 912
56 741
-
health
1 916
1 529
4 479
-
total
14 603
10 063
77 704
-
Employer
49 514
39 483
177 953
-
chamber of commerce
197
158
713
-
health
1 871
1 493
4 375
-
pensions
6 214
4 956
14 526
-
accident
643
513
1 504
-
unemployment
1 485
1 185
3 473
-
surtax
196
196
196
-
payroll
1 485
1 185
5 338
-
other
2 352
1 875
7 923
-
total
14 443
11 561
38 048
-
Corporate
152 043
164 957
174 193
-
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.

38 011
41 239
43 548
-
total
38 011
41 239
43 548
-
Dividends
114 032
123 718
-
-
withholding
31 359
34 023
-
-
total
31 359
34 023
-
-
Income
216 000
216 000
216 000
216 000
Total tax
98 416
96 886
159 300
105 236
After tax
117 584
119 114
56 700
110 764
Living cost
34 911
34 911
34 911
34 911
Free-cash
82 673
84 203
21 789
75 853

Estimated living cost  is ₽34911 per week

₽23284
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2978
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8075
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82793
₽37608
₽57788
₽69731
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
11 478
social contributions
-
-
-
24 701
national
-
-
-
85 908
total
-
-
-
122 087
Employee

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

70 870
-
167 300
-
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.

617
-
1 455
-
communal

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

3 696
-
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.

5 315
-
12 548
-
national
21 788
-
62 976
-
health

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

3 330
-
7 863
-
total
34 746
-
93 568
-
Employer

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

70 870
-
167 300
-
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.

4 358
-
10 288
-
pensions

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

6 280
-
14 823
-
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.

921
-
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.

1 034
-
2 442
-
surtax
8 036
-
18 971
-
total
20 629
-
48 699
-
Corporate
124 501
216 000
-
-
income
24 901
45 718
-
-
surtax
498
914
-
-
total
25 399
46 632
-
-
Dividends
99 102
169 368
-
-
withholding

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

29 370
50 450
-
-
total
29 370
50 450
-
-
Income
216 000
216 000
216 000
216 000
Total tax
110 144
97 082
142 267
122 087
After tax
105 856
118 918
73 733
93 913
Living cost
36 125
36 125
36 125
36 125
Free-cash
69 731
82 793
37 608
57 788

Estimated living cost  is ₽36125 per week

₽23269
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3159
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽566
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9132
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽107695
₽80816
₽84973
₽100909
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
827
income
-
-
-
67 696
other
-
-
-
92
unemployment
-
-
-
643
pensions
-
-
-
25 988
total
-
-
-
95 246
Employee
49 318
-
186 724
-
other
49
-
92
-
unemployment
765
-
1 423
-
pensions
2 318
-
4 317
-
income
10 406
-
64 295
-
total
13 538
-
70 127
-
Employer
49 318
-
186 724
-
pensions
11 638
-
21 673
-
accident
976
-
1 818
-
unemployment
2 713
-
5 050
-
other
393
-
735
-
total
15 720
-
29 276
-
Corporate
150 962
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.

22 645
32 401
-
-
total
22 645
32 401
-
-
Dividends
128 318
183 599
-
-
withholding
27 407
40 123
-
-
total
27 407
40 123
-
-
Income
216 000
216 000
216 000
216 000
Total tax
79 310
72 524
99 403
95 246
After tax
136 690
143 476
116 597
120 754
Living cost
35 781
35 781
35 781
35 781
Free-cash
100 909
107 695
80 816
84 973

Estimated living cost  is ₽35781 per week

₽26349
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2538
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6378
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69056
₽56915
₽48305
₽55460
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
13 652
accident
-
-
-
1 822
income
-
-
-
40 118
surtax
-
-
-
10 708
health
-
-
-
15 177
pensions
-
-
-
32 376
total
-
-
-
113 853
Employee
75 030
-
192 942
-
pensions
6 001
-
15 436
-
surtax
4 599
-
11 824
-
income
7 247
-
46 338
-
health
3 339
-
8 587
-
total
21 186
-
82 185
-
Employer
75 030
-
192 942
-
health
2 288
-
5 885
-
pensions
6 001
-
15 436
-
accident
675
-
1 737
-
total
8 964
-
23 058
-
Corporate
132 006
216 000
-
-
communal
8 910
14 581
-
-
income
19 800
32 401
-
-
surtax
1 386
2 267
-
-
total
30 096
49 249
-
-
Dividends
101 910
166 751
-
-
income
31 166
18 841
-
-
withholding
15 286
25 012
-
-
total
46 452
43 853
-
-
Income
216 000
216 000
216 000
216 000
Total tax
106 698
93 102
105 243
113 853
After tax
109 302
122 898
110 757
102 147
Living cost
53 842
53 842
53 842
53 842
Free-cash
55 460
69 056
56 915
48 305

Estimated living cost  is ₽53842 per week

₽40390
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3262
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽570
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9619
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽113610
₽73355
₽79413
₽110460
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
67 060
other
-
-
-
-
surtax
-
-
-
11 213
unemployment
-
-
-
226
health
-
-
-
9 388
pensions
-
-
-
26 446
total
-
-
-
114 333
Employee
33 365
-
188 166
-
other
-
-
-
-
unemployment
2 322
-
9 203
-
pensions
2 226
-
8 820
-
surtax
118
-
10 029
-
income
5 593
-
61 133
-
health
852
-
3 371
-
total
11 111
-
92 556
-
Employer
33 365
-
188 166
-
health
1 517
-
6 017
-
pensions
4 448
-
17 627
-
unemployment
1 059
-
4 191
-
other
-
-
-
-
total
7 024
-
27 835
-
Corporate
175 610
216 000
-
-
income
45 658
56 160
-
-
total
45 658
56 160
-
-
Dividends
129 952
159 840
-
-
withholding
19 493
23 976
-
-
total
19 493
23 976
-
-
Income
216 000
216 000
216 000
216 000
Total tax
83 286
80 136
120 391
114 333
After tax
132 714
135 864
95 609
101 667
Living cost
22 254
22 254
22 254
22 254
Free-cash
110 460
113 610
73 355
79 413

Estimated living cost  is ₽22254 per week

₽13436
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1935
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6368
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86846
₽67944
₽76299
₽84646
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
49 587
regional
-
-
-
3 378
municipal
-
-
-
1 331
national
-
-
-
58 716
total
-
-
-
113 012
Employee
54 959
-
216 000
-
municipal
291
-
1 207
-
national
8 707
-
52 084
-
regional
740
-
3 066
-
social contributions
18 533
-
65 010
-
total
28 271
-
121 367
-
Employer
54 959
-
216 000
-
total
-
-
-
-
Corporate
161 041
216 000
-
-
municipal
8 004
10 736
-
-
nationa
38 650
51 840
-
-
total
46 654
62 576
-
-
Dividends
114 387
153 425
-
-
withholding
29 740
39 889
-
-
total
29 740
39 889
-
-
Income
216 000
216 000
216 000
216 000
Total tax
104 665
102 465
121 367
113 012
After tax
111 335
113 535
94 633
102 988
Living cost
26 689
26 689
26 689
26 689
Free-cash
84 646
86 846
67 944
76 299

Estimated living cost  is ₽26689 per week

₽16598
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2704
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.
₽6930
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽118401
₽86967
₽96295
₽107586
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
22 716
social contributions
-
-
-
35 400
solidarity contribution
-
-
-
2 114
health
-
-
-
29 160
total
-
-
-
89 390
Employee
44 581
-
170 359
-
solidarity contribution
-
-
1 277
-
social contributions
2 898
-
7 880
-
income
5 350
-
20 922
-
health
6 018
-
22 999
-
total
14 266
-
53 078
-
Employer
44 581
-
170 359
-
health
4 012
-
15 332
-
social contributions
11 145
-
30 308
-
total
15 157
-
45 640
-
Corporate
156 261
216 000
-
-
income
29 690
41 040
-
-
total
29 690
41 040
-
-
Dividends
126 572
174 960
-
-
withholding
18 986
26 244
-
-
total
18 986
26 244
-
-
Income
216 000
216 000
216 000
216 000
Total tax
78 099
67 284
98 718
89 390
After tax
137 901
148 716
117 282
126 610
Living cost
30 315
30 315
30 315
30 315
Free-cash
107 586
118 401
86 967
96 295

Estimated living cost  is ₽30315 per week

₽22544
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1679
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5567
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87612
₽25140
₽79351
₽87123
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
67 831
surtax
-
-
-
-
unemployment
-
-
-
6 077
chamber of commerce
-
-
-
865
health
-
-
-
8 854
pensions
-
-
-
21 413
total
-
-
-
105 040
Employee
43 309
39 483
178 135
-
other
432
395
1 158
-
unemployment
1 299
1 185
3 473
-
pensions
4 435
4 042
11 853
-
income
3 858
2 912
56 830
-
health
1 675
1 529
4 479
-
total
11 699
10 063
77 793
-
Employer
43 309
39 483
178 135
-
chamber of commerce
173
158
713
-
health
1 638
1 493
4 375
-
pensions
5 436
4 956
14 526
-
accident
562
513
1 504
-
unemployment
1 299
1 185
3 473
-
surtax
-
-
-
-
payroll
1 299
1 185
5 343
-
other
2 057
1 875
7 931
-
total
12 464
11 365
37 865
-
Corporate
160 227
165 153
174 375
-
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.

40 057
41 288
43 593
-
total
40 057
41 288
43 593
-
Dividends
120 170
123 865
-
-
withholding
33 048
34 063
-
-
total
33 048
34 063
-
-
Income
216 000
216 000
216 000
216 000
Total tax
97 268
96 779
159 251
105 040
After tax
118 732
119 221
56 749
110 960
Living cost
31 609
31 609
31 609
31 609
Free-cash
87 123
87 612
25 140
79 351

Estimated living cost  is ₽31609 per week

₽18961
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3228
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽564
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8856
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽192568
₽160168
₽201208
₽190200
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 791
-
216 000
-
income
3 158
-
43 200
-
total
3 158
-
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%.

200 209
216 000
-
-
total
-
-
-
-
Dividends
200 209
216 000
-
-
withholding
10 010
10 800
-
-
total
10 010
10 800
-
-
Income
216 000
216 000
216 000
216 000
Total tax
13 168
10 800
43 200
2 160
After tax
202 832
205 200
172 800
213 840
Living cost
12 632
12 632
12 632
12 632
Free-cash
190 200
192 568
160 168
201 208

Estimated living cost  is ₽12632 per week

₽8548
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽530
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽424
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3130
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽122142
₽69746
₽74434
₽113856
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
53 967
unemployment
-
-
-
323
health
-
-
-
21 253
pensions
-
-
-
39 448
total
-
-
-
114 991
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.

43 812
-
186 899
-
unemployment
62
-
261
-
pensions
6 791
-
28 970
-
income
7 555
-
49 276
-
health
2 830
-
12 073
-
total
17 238
-
90 580
-
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.

43 812
-
186 899
-
health
2 918
-
12 447
-
pensions
3 877
-
16 540
-
unemployment
26
-
113
-
total
6 821
-
29 100
-
Corporate
165 367
216 000
-
-
income
31 419
41 040
-
-
total
31 419
41 040
-
-
Dividends
133 948
174 960
-
-
withholding
20 091
26 243
-
-
total
20 091
26 243
-
-
Income
216 000
216 000
216 000
216 000
Total tax
75 569
67 283
119 680
114 991
After tax
140 431
148 717
96 320
101 009
Living cost
26 574
26 574
26 574
26 574
Free-cash
113 856
122 142
69 746
74 434

Estimated living cost  is ₽26574 per week

₽18238
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1703
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6120
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88022
₽159378
₽105881
₽40188
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
62 218
-
-
-
social contributions
5 102
-
727
-
income
13 724
-
-
-
total
18 826
-
727
-
Employer
62 218
-
-
-
social contributions
87 727
-
12 503
-
total
87 727
-
12 503
-
Corporate
66 054
216 000
-
-
income
14 532
47 520
-
-
total
14 532
47 520
-
-
Dividends
51 523
168 480
-
-
income
11 335
37 066
-
-
total
11 335
37 066
-
-
Income
216 000
216 000
216 000
216 000
Total tax
132 420
84 586
13 230
66 727
After tax
83 580
131 414
202 770
149 273
Living cost
43 392
43 392
43 392
43 392
Free-cash
40 188
88 022
159 378
105 881

Estimated living cost  is ₽43392 per week

₽28154
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4081
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10603
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91783
₽65327
₽81940
₽90786
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
27 923
surtax
-
-
-
-
social contributions

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

-
-
-
75 060
total
-
-
-
102 983
Employee
45 567
-
174 544
-
surtax
-
-
124
-
social contributions
5 013
-
19 200
-
income
9 478
-
58 818
-
total
14 491
-
78 142
-
Employer
45 567
-
174 544
-
social contributions
10 822
-
41 454
-
total
10 822
-
41 454
-
Corporate
159 610
216 000
-
-
income
33 518
45 361
-
-
surtax
-
-
-
-
total
33 518
45 361
-
-
Dividends
126 093
170 639
-
-
withholding
35 306
47 779
-
-
total
35 306
47 779
-
-
Income
216 000
216 000
216 000
216 000
Total tax
94 137
93 140
119 596
102 983
After tax
121 863
122 860
96 404
113 017
Living cost
31 077
31 077
31 077
31 077
Free-cash
90 786
91 783
65 327
81 940

Estimated living cost  is ₽31077 per week

₽23252
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1833
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽519
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5473
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61010
₽65052
₽70944
₽67820
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
39 364
other
-
-
-
6 695
surtax
-
-
-
-
social contributions
-
-
-
6 154
health
-
-
-
10 429
pensions
-
-
-
34 561
total
-
-
-
97 203
Employee
62 053
-
165 059
-
pensions
7 019
-
12 353
-
surtax
-
-
-
-
social contributions
1 767
-
4 702
-
income
5 414
-
35 098
-
total
14 200
-
52 153
-
Employer
62 053
-
165 059
-
health
4 343
-
16 310
-
pensions
10 196
-
20 641
-
unemployment
2 514
-
6 684
-
social contributions
186
-
494
-
other
2 142
-
6 813
-
total
19 381
-
50 942
-
Corporate
134 566
216 000
-
-
income
37 678
60 479
-
-
surtax
-
-
-
-
total
37 678
60 479
-
-
Dividends
96 887
155 521
-
-
surtax
-
-
-
-
social contributions
16 666
26 751
-
-
withholding
12 402
19 907
-
-
total
29 068
46 658
-
-
Income
216 000
216 000
216 000
216 000
Total tax
100 327
107 137
103 095
97 203
After tax
115 673
108 863
112 905
118 797
Living cost
47 853
47 853
47 853
47 853
Free-cash
67 820
61 010
65 052
70 944

Estimated living cost  is ₽47853 per week

₽32386
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3914
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽656
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10896
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽164619
₽133606
₽127867
₽161289
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 832
social contributions
-
-
-
47 519
total
-
-
-
58 351
Employee
31 852
-
187 012
-
income
-
-
11 469
-
social contributions
2 070
-
12 155
-
total
2 070
-
23 624
-
Employer
31 852
-
187 012
-
social contributions
4 937
-
28 988
-
total
4 937
-
28 988
-
Corporate
179 211
216 000
-
-
income
17 922
21 599
-
-
total
17 922
21 599
-
-
Dividends
161 289
194 401
-
-
total
-
-
-
-
Income
216 000
216 000
216 000
216 000
Total tax
24 929
21 599
52 612
58 351
After tax
191 071
194 401
163 388
157 649
Living cost
29 782
29 782
29 782
29 782
Free-cash
161 289
164 619
133 606
127 867

Estimated living cost  is ₽29782 per week

₽19257
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2245
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽560
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7720
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽222
₽222
₽77296
₽126
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
17 211
municipal
-
-
-
46 228
national
-
-
-
26 711
pensions
-
-
-
858
total
-
-
-
91 008
Employee
201 314
201 314
201 314
-
municipal
42 869
42 869
42 869
-
labour market
16 082
16 082
16 082
-
pensions
286
286
286
-
national
24 594
24 594
24 594
-
total
83 831
83 831
83 831
-
Employer
201 314
201 314
201 314
-
national
24 637
24 637
24 637
-
labour market
16 105
16 105
16 105
-
pensions
572
572
572
-
municipal
42 937
42 937
42 937
-
total
84 251
84 251
84 251
-
Corporate
222
-
-
-
income
49
-
-
-
total
49
-
-
-
Dividends
173
-
-
-
withholding
47
-
-
-
total
47
-
-
-
Income
216 000
216 000
216 000
216 000
Total tax
168 178
168 082
168 082
91 008
After tax
47 822
47 918
47 918
124 992
Living cost
47 696
47 696
47 696
47 696
Free-cash
126
222
222
77 296

Estimated living cost  is ₽47696 per week

₽32644
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4219
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽734
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10099
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4237
₽96977
₽125783
₽14162
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
253
income
-
-
-
61 500
other
-
-
-
372
health
-
-
-
2 187
pensions
-
-
-
4 172
total
-
-
-
68 484
Employee
34 188
-
196 843
-
pensions
3 850
-
7 650
-
income
4 690
-
47 944
-
health
3 915
-
22 539
-
total
12 455
-
78 133
-
Employer
34 188
-
196 843
-
pensions
5 559
-
11 047
-
accident
571
-
3 287
-
unemployment
838
-
4 823
-
total
6 968
-
19 157
-
Corporate
174 844
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.

157 360
194 400
-
-
total
157 360
194 400
-
-
Dividends
17 484
21 600
-
-
withholding
3 322
4 104
-
-
total
3 322
4 104
-
-
Income
216 000
216 000
216 000
216 000
Total tax
180 105
198 504
97 290
68 484
After tax
35 895
17 496
118 710
147 516
Living cost
21 733
21 733
21 733
21 733
Free-cash
14 162
-4 237
96 977
125 783

Estimated living cost  is ₽21733 per week

₽15819
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1239
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4267
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94736
₽70510
₽95254
₽97796
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 912
municipal
-
-
-
38 355
national
-
-
-
41 441
total
-
-
-
82 708
Employee
52 126
-
181 712
-
municipal
8 538
-
29 581
-
unemployment
782
-
2 726
-
pensions
3 518
-
12 266
-
national
861
-
26 206
-
health
389
-
2 384
-
total
14 088
-
73 163
-
Employer
52 126
-
181 712
-
health
400
-
1 399
-
pensions
9 044
-
31 527
-
accident
53
-
182
-
unemployment
338
-
1 181
-
total
9 835
-
34 289
-
Corporate
154 039
216 000
-
-
income
30 808
43 200
-
-
total
30 808
43 200
-
-
Dividends

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

92 423
129 600
-
-
municipal
16 636
23 327
-
-
national
8 799
16 699
-
-
total
25 435
40 026
-
-
Income
216 000
216 000
216 000
216 000
Total tax
80 166
83 226
107 452
82 708
After tax
135 834
132 774
108 548
133 292
Living cost
38 038
38 038
38 038
38 038
Free-cash
97 796
94 736
70 510
95 254

Estimated living cost  is ₽38038 per week

₽24846
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3659
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.
₽8929
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽134500
₽120834
₽122619
₽129109
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
48 903
social contributions
-
-
-
16 030
health
-
-
-
5 509
total
-
-
-
70 442
Employee
76 185
76 185
203 704
-
social contributions
2 880
6 323
8 528
-
income
8 295
7 052
47 940
-
health
590
1 295
3 463
-
total
11 765
14 670
59 931
-
Employer
76 185
76 185
203 704
-
health
641
1 410
3 768
-
social contributions
2 880
6 323
8 528
-
total
3 521
7 733
12 296
-
Corporate
177 774
132 082
-
-
income
22 222
16 510
-
-
total
22 222
16 510
-
-
Dividends
155 552
115 572
-
-
withholding
26 444
19 648
-
-
total
26 444
19 648
-
-
Income
216 000
216 000
216 000
216 000
Total tax
63 952
58 561
72 227
70 442
After tax
152 048
157 439
143 773
145 558
Living cost
22 939
22 939
22 939
22 939
Free-cash
129 109
134 500
120 834
122 619

Estimated living cost  is ₽22939 per week

₽13748
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2251
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6434
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽163139
₽148164
₽168035
₽158099
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
22 320
unemployment
-
-
-
28
health
-
-
-
3 585
pensions
-
-
-
6 302
total
-
-
-
32 235
Employee

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

22 741
-
206 317
-
unemployment
113
-
470
-
pensions
3 411
-
14 101
-
income
1 555
-
19 862
-
health
1 933
-
7 991
-
total
7 012
-
42 424
-
Employer

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

22 741
-
206 317
-
health
978
-
4 042
-
pensions
1 250
-
5 170
-
unemployment
113
-
470
-
total
2 341
-
9 682
-
Corporate
190 918
216 000
-
-
income
17 183
19 441
-
-
total
17 183
19 441
-
-
Dividends
173 735
196 559
-
-
withholding
15 635
17 690
-
-
total
15 635
17 690
-
-
Income
216 000
216 000
216 000
216 000
Total tax
42 171
37 131
52 106
32 235
After tax
173 829
178 869
163 894
183 765
Living cost
15 730
15 730
15 730
15 730
Free-cash
158 099
163 139
148 164
168 035

Estimated living cost  is ₽15730 per week

₽10036
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1134
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.
₽4091
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽116231
₽89352
₽93509
₽111856
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
827
income
-
-
-
67 696
other
-
-
-
92
unemployment
-
-
-
643
pensions
-
-
-
25 988
total
-
-
-
95 246
Employee
36 634
-
186 724
-
other
36
-
92
-
unemployment
568
-
1 423
-
pensions
1 722
-
4 317
-
income
7 063
-
64 295
-
total
9 389
-
70 127
-
Employer
36 634
-
186 724
-
pensions
8 645
-
21 673
-
accident
726
-
1 818
-
unemployment
2 016
-
5 050
-
other
293
-
735
-
total
11 680
-
29 276
-
Corporate
167 686
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.

25 153
32 401
-
-
total
25 153
32 401
-
-
Dividends
142 533
183 599
-
-
withholding
30 677
40 123
-
-
total
30 677
40 123
-
-
Income
216 000
216 000
216 000
216 000
Total tax
76 899
72 524
99 403
95 246
After tax
139 101
143 476
116 597
120 754
Living cost
27 245
27 245
27 245
27 245
Free-cash
111 856
116 231
89 352
93 509

Estimated living cost  is ₽27245 per week

₽18390
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2619
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5759
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽132841
₽137178
₽137316
₽132522
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
74 297
health
-
-
-
1 027
pensions
-
-
-
1 417
total
-
-
-
76 741
Employee
2 959
-
214 406
-
unemployment
30
-
71
-
pensions
266
-
638
-
income
572
-
74 222
-
health
148
-
354
-
total
1 016
-
75 285
-
Employer
2 959
-
214 406
-
health
281
-
673
-
pensions
325
-
779
-
unemployment
59
-
142
-
total
665
-
1 594
-
Corporate
212 376
216 000
-
-
income
46 723
47 520
-
-
total
46 723
47 520
-
-
Dividends
165 653
168 480
-
-
withholding
33 131
33 696
-
-
total
33 131
33 696
-
-
Income
216 000
216 000
216 000
216 000
Total tax
81 535
81 216
76 879
76 741
After tax
134 465
134 784
139 121
139 259
Living cost
1 943
1 943
1 943
1 943
Free-cash
132 522
132 841
137 178
137 316

Estimated living cost  is ₽1943 per week

₽1154
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽157
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽44
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽586
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽138920
₽121315
₽121313
₽134044
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
49 860
unemployment
-
-
-
1 099
health
-
-
-
7 544
pensions
-
-
-
19 044
total
-
-
-
77 547
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.

25 846
-
202 889
-
unemployment
194
-
549
-
pensions
3 618
-
10 254
-
income
3 563
-
49 860
-
health
1 331
-
3 772
-
total
8 706
-
64 435
-
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.

25 846
-
202 889
-
health
1 331
-
3 772
-
pensions
3 101
-
8 789
-
unemployment
194
-
549
-
total
4 626
-
13 110
-
Corporate
185 528
216 000
-
-
income
27 829
32 400
-
-
total
27 829
32 400
-
-
Dividends
157 699
183 600
-
-
withholding
23 655
27 540
-
-
total
23 655
27 540
-
-
Income
216 000
216 000
216 000
216 000
Total tax
64 816
59 940
77 545
77 547
After tax
151 184
156 060
138 455
138 453
Living cost
17 140
17 140
17 140
17 140
Free-cash
134 044
138 920
121 315
121 313

Estimated living cost  is ₽17140 per week

₽11540
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1326
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3778
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Belgrade model

Close
Porto , Portugal
₽96150
₽69694
₽86307
₽95793
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
27 923
surtax
-
-
-
-
social contributions

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

-
-
-
75 060
total
-
-
-
102 983
Employee
38 454
-
174 544
-
surtax
-
-
124
-
social contributions
4 230
-
19 200
-
income
7 514
-
58 818
-
total
11 744
-
78 142
-
Employer
38 454
-
174 544
-
social contributions
9 132
-
41 454
-
total
9 132
-
41 454
-
Corporate
168 414
216 000
-
-
income
35 368
45 361
-
-
surtax
-
-
-
-
total
35 368
45 361
-
-
Dividends
133 047
170 639
-
-
withholding
37 253
47 779
-
-
total
37 253
47 779
-
-
Income
216 000
216 000
216 000
216 000
Total tax
93 497
93 140
119 596
102 983
After tax
122 503
122 860
96 404
113 017
Living cost
26 710
26 710
26 710
26 710
Free-cash
95 793
96 150
69 694
86 307

Estimated living cost  is ₽26710 per week

₽18918
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1856
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5464
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽108656
₽81777
₽85934
₽102174
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
827
income
-
-
-
67 696
other
-
-
-
92
unemployment
-
-
-
643
pensions
-
-
-
25 988
total
-
-
-
95 246
Employee
47 849
-
186 724
-
other
47
-
92
-
unemployment
741
-
1 423
-
pensions
2 249
-
4 317
-
income
9 994
-
64 295
-
total
13 031
-
70 127
-
Employer
47 849
-
186 724
-
pensions
11 292
-
21 673
-
accident
948
-
1 818
-
unemployment
2 632
-
5 050
-
other
384
-
735
-
total
15 256
-
29 276
-
Corporate
152 895
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.

22 934
32 401
-
-
total
22 934
32 401
-
-
Dividends
129 961
183 599
-
-
withholding
27 785
40 123
-
-
total
27 785
40 123
-
-
Income
216 000
216 000
216 000
216 000
Total tax
79 006
72 524
99 403
95 246
After tax
136 994
143 476
116 597
120 754
Living cost
34 820
34 820
34 820
34 820
Free-cash
102 174
108 656
81 777
85 934

Estimated living cost  is ₽34820 per week

₽25006
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2707
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6616
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽167636
₽166232
₽157316
₽161598
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
138
health
-
-
-
3 980
pensions

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

-
-
-
5 122
total
-
-
-
41 640
Employee
22 568
-
209 210
-
accident

We are using the highest rate at 1.1%.

248
-
381
-
pensions

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

1 981
-
3 039
-
income
2 257
-
20 921
-
health
1 038
-
1 592
-
total
5 524
-
25 933
-
Employer
22 568
-
209 210
-
health
1 557
-
2 388
-
pensions

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

2 487
-
3 814
-
accident

We are using the highest rate at 1.1%.

248
-
381
-
unemployment
136
-
208
-
total
4 428
-
6 791
-
Corporate
189 004
216 000
-
-
income
18 901
21 600
-
-
total
18 901
21 600
-
-
Dividends
170 103
194 400
-
-
withholding
8 505
9 720
-
-
total
8 505
9 720
-
-
Income
216 000
216 000
216 000
216 000
Total tax
37 358
31 320
32 724
41 640
After tax
178 642
184 680
183 276
174 360
Living cost
17 044
17 044
17 044
17 044
Free-cash
161 598
167 636
166 232
157 316

Estimated living cost  is ₽17044 per week

₽11273
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽976
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽407
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4389
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72845
₽95687
₽71301
₽85805
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
71 367
surtax

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

-
-
-
3 926
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.

-
-
-
6 769
trade
-
-
-
24 386
total
-
-
-
106 448
Employee

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

49 297
-
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
-
3 926
-
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.

4 054
-
71 367
-
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.

6 769
-
6 769
-
total
11 047
-
82 062
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
166 703
216 000
-
-
income
25 006
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.

1 376
1 782
-
-
chamber of commerce
395
466
-
-
trade
23 921
30 996
-
-
total
50 698
65 645
-
-
Dividends
116 005
150 354
-
-
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.

1 574
2 047
-
-
withholding
28 625
37 212
-
-
total
30 199
39 259
-
-
Income
216 000
216 000
216 000
216 000
Total tax
91 944
104 904
82 062
106 448
After tax
124 056
111 096
133 938
109 552
Living cost
38 251
38 251
38 251
38 251
Free-cash
85 805
72 845
95 687
71 301

Estimated living cost  is ₽38251 per week

₽26386
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4116
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7193
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94762
₽52539
₽52539
₽96949
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
70 025
social contributions
-
-
-
36 998
total
-
-
-
107 023
Employee
77 500
-
216 000
-
income
14 624
-
70 025
-
social contributions
6 439
-
36 998
-
total
21 063
-
107 023
-
Employer
77 500
-
216 000
-
total
-
-
-
-
Corporate
138 500
216 000
-
-
income
17 313
26 999
-
-
total
17 313
26 999
-
-
Dividends
121 188
189 001
-
-
withholding
24 237
37 801
-
-
total
24 237
37 801
-
-
Income
216 000
216 000
216 000
216 000
Total tax
62 613
64 800
107 023
107 023
After tax
153 387
151 200
108 977
108 977
Living cost
56 438
56 438
56 438
56 438
Free-cash
96 949
94 762
52 539
52 539

Estimated living cost  is ₽56438 per week

₽42937
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4599
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8363
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99202
₽115082
₽141604
₽102662
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
6 030
total
-
-
-
38 431
Employee
45 450
-
211 442
-
income
4 932
-
55 837
-
social contributions
4 554
-
4 558
-
total
9 486
-
60 395
-
Employer
45 450
-
211 442
-
social contributions
4 554
-
4 558
-
total
4 554
-
4 558
-
Corporate
165 996
216 000
-
-
income
58 099
75 599
-
-
total
58 099
75 599
-
-
Dividends
107 897
140 401
-
-
social contributions
5 234
5 234
-
-
total
5 234
5 234
-
-
Income
216 000
216 000
216 000
216 000
Total tax
77 373
80 833
64 953
38 431
After tax
138 627
135 167
151 047
177 569
Living cost
35 965
35 965
35 965
35 965
Free-cash
102 662
99 202
115 082
141 604

Estimated living cost  is ₽35965 per week

₽23690
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2835
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8888
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽100190
₽84097
₽103414
₽106034
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
66 213
pensions
-
-
-
9 721
total
-
-
-
75 934
Employee
50 310
-
188 299
-
pensions
3 840
-
11 648
-
income
9 162
-
53 335
-
health
656
-
2 567
-
total
13 658
-
67 550
-
Employer
50 310
-
188 299
-
health
956
-
3 577
-
pensions
5 083
-
24 124
-
total
6 039
-
27 701
-
Corporate
159 650
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.

30 333
41 040
-
-
total
30 333
41 040
-
-
Dividends
129 318
174 960
-
-
withholding
23 284
38 118
-
-
total
23 284
38 118
-
-
Income
216 000
216 000
216 000
216 000
Total tax
73 314
79 158
95 251
75 934
After tax
142 686
136 842
120 749
140 066
Living cost
36 652
36 652
36 652
36 652
Free-cash
106 034
100 190
84 097
103 414

Estimated living cost  is ₽36652 per week

₽25143
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3371
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽459
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7678
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽6389
₽94825
₽123631
₽13833
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
253
income
-
-
-
61 500
other
-
-
-
372
health
-
-
-
2 187
pensions
-
-
-
4 172
total
-
-
-
68 484
Employee
37 572
-
196 843
-
pensions
4 231
-
7 650
-
income
5 155
-
47 944
-
health
4 302
-
22 539
-
total
13 688
-
78 133
-
Employer
37 572
-
196 843
-
pensions
6 109
-
11 047
-
accident
627
-
3 287
-
unemployment
920
-
4 823
-
total
7 656
-
19 157
-
Corporate
170 771
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.

153 694
194 400
-
-
total
153 694
194 400
-
-
Dividends
17 077
21 600
-
-
withholding
3 244
4 104
-
-
total
3 244
4 104
-
-
Income
216 000
216 000
216 000
216 000
Total tax
178 282
198 504
97 290
68 484
After tax
37 718
17 496
118 710
147 516
Living cost
23 885
23 885
23 885
23 885
Free-cash
13 833
-6 389
94 825
123 631

Estimated living cost  is ₽23885 per week

₽17529
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1392
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4483
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽151856
₽144588
₽122801
₽148858
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
36 240
unemployment
-
-
-
1 901
work injury
-
-
-
792
health insurance
-
-
-
11 726
pensions
-
-
-
29 156
total
-
-
-
79 815
Employee

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

21 414
-
216 000
-
health insurance
1 585
-
5 863
-
unemployment
257
-
951
-
work injury
107
-
396
-
pensions
3 940
-
14 578
-
income
2 141
-
36 240
-
total
8 030
-
58 028
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
194 586
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%.

19 459
21 600
-
-
total
19 459
21 600
-
-
Dividends
175 128
194 400
-
-
withholding
26 269
29 160
-
-
total
26 269
29 160
-
-
Income
216 000
216 000
216 000
216 000
Total tax
53 758
50 760
58 028
79 815
After tax
162 242
165 240
157 972
136 185
Living cost
13 384
13 384
13 384
13 384
Free-cash
148 858
151 856
144 588
122 801

Estimated living cost  is ₽13384 per week

₽8291
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽973
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽418
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3702
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74306
₽53379
₽61518
₽69798
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
49 587
regional
-
-
-
5 211
municipal
-
-
-
1 498
national
-
-
-
58 716
total
-
-
-
115 012
Employee
83 488
-
216 000
-
municipal
498
-
1 359
-
national
14 109
-
52 084
-
regional
1 260
-
4 698
-
social contributions
28 152
-
65 010
-
total
44 019
-
123 151
-
Employer
83 488
-
216 000
-
total
-
-
-
-
Corporate
132 512
216 000
-
-
municipal
6 387
10 410
-
-
nationa
31 803
51 840
-
-
total
38 190
62 250
-
-
Dividends
94 322
153 750
-
-
withholding
24 523
39 974
-
-
total
24 523
39 974
-
-
Income
216 000
216 000
216 000
216 000
Total tax
106 732
102 224
123 151
115 012
After tax
109 268
113 776
92 849
100 988
Living cost
39 470
39 470
39 470
39 470
Free-cash
69 798
74 306
53 379
61 518

Estimated living cost  is ₽39470 per week

₽27725
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2715
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽596
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8433
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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