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
₽103847
₽77117
₽78718
₽89731
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
71 273
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.

-
-
-
6 802
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.

-
-
-
3 921
trade
-
-
-
26 730
total
-
-
-
108 726
Employee

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

38 081
-
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.

1 064
-
71 273
-
surtax

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

59
-
3 921
-
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.

6 802
-
6 802
-
total
7 925
-
81 996
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
177 919
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.

1 468
1 782
-
-
income
26 688
32 400
-
-
chamber of commerce
406
461
-
-
trade
28 022
34 021
-
-
total
56 584
68 664
-
-
Dividends
121 334
147 337
-
-
withholding
29 955
36 456
-
-
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.

1 648
2 005
-
-
total
31 603
38 461
-
-
Income
216 000
216 000
216 000
216 000
Total tax
96 112
107 125
81 996
108 726
After tax
119 888
108 875
134 004
107 274
Living cost
30 157
30 157
30 157
30 157
Free-cash
89 731
78 718
103 847
77 117

Estimated living cost  is ₽30157 per week

₽18970
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3516
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽563
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7108
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71915
₽70755
₽80776
₽79877
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
39 132
pensions
-
-
-
25 920
municipal
-
-
-
23 863
total
-
-
-
91 237
Employee
83 723
-
186 730
-
municipal
10 341
-
24 700
-
national
16 025
-
40 963
-
pensions
3 349
-
7 469
-
total
29 715
-
73 132
-
Employer
83 723
-
186 730
-
pensions
6 698
-
14 938
-
social contributions
900
-
2 007
-
total
7 598
-
16 945
-
Corporate
119 153
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%.

23 831
43 200
-
-
total
23 831
43 200
-
-
Dividends
95 323
172 800
-
-
withholding
20 971
38 016
-
-
total
20 971
38 016
-
-
Income
216 000
216 000
216 000
216 000
Total tax
82 115
81 216
90 077
91 237
After tax
133 885
134 784
125 923
124 763
Living cost
54 008
54 008
54 008
54 008
Free-cash
79 877
80 776
71 915
70 755

Estimated living cost  is ₽54008 per week

₽36709
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽5020
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽808
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11471
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72778
₽57314
₽152086
₽143918
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions

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

-
-
-
38 147
income
-
-
-
44 745
microenterprise
-
-
-
-
surtax
-
-
-
55 080
total
-
-
-
137 972
Employee
29 093
-
168 842
-
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.

3 201
-
13 052
-
income
5 179
-
37 817
-
surtax
-
-
24 481
-
total
8 380
-
75 350
-
Employer
29 093
-
168 842
-
surtax
-
-
18 573
-
social contributions

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

7 008
-
28 585
-
total
7 008
-
47 158
-
Corporate
179 899
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%.

35 980
43 200
-
-
total
35 980
43 200
-
-
Dividends

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

143 919
172 800
-
-
total
-
-
-
-
Income
216 000
216 000
216 000
216 000
Total tax
51 368
43 200
122 508
137 972
After tax
164 632
172 800
93 492
78 028
Living cost
20 714
20 714
20 714
20 714
Free-cash
143 918
152 086
72 778
57 314

Estimated living cost  is ₽20714 per week

₽13215
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1973
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽470
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5056
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96448
₽74714
₽65837
₽59736
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
75 635
health
-
-
-
12 277
pensions
-
-
-
11 665
total
-
-
-
99 577
Employee
85 024
85 024
197 497
-
income

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

13 917
13 917
35 398
-
health
13 050
11 100
12 277
-
pensions
15 304
11 665
11 665
-
total
42 271
36 682
59 340
-
Employer
85 024
85 024
197 497
-
unemployment
3 061
3 061
3 803
-
pensions
5 918
5 918
7 356
-
health
5 910
5 910
7 344
-
total
14 889
14 889
18 503
-
Corporate
117 130
116 087
-
-
income
23 427
23 217
-
-
total
23 427
23 217
-
-
Dividends
93 704
92 870
-
-
withholding
14 055
13 931
-
-
income
19 913
19 735
-
-
total
33 968
33 666
-
-
Income
216 000
216 000
216 000
216 000
Total tax
114 555
108 454
77 843
99 577
After tax
101 445
107 546
138 157
116 423
Living cost
41 709
41 709
41 709
41 709
Free-cash
59 736
65 837
96 448
74 714

Estimated living cost  is ₽41709 per week

₽29558
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3760
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽663
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7728
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67410
₽68383
₽77799
₽76899
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
176
national
-
-
-
25 184
health
-
-
-
5 489
unemployment
-
-
-
88
other
-
-
-
10 222
pensions
-
-
-
9 509
municipal
-
-
-
56 812
total
-
-
-
107 480
Employee
57 192
-
188 361
-
municipal
17 055
-
56 169
-
national
-
-
24 645
-
total
17 055
-
80 814
-
Employer
57 192
-
188 361
-
other
6 646
-
10 222
-
unemployment
1 510
-
2 322
-
pensions
6 182
-
9 509
-
health
3 517
-
5 410
-
accident
114
-
176
-
total
17 969
-
27 639
-
Corporate
140 838
216 000
-
-
income
30 984
47 520
-
-
total
30 984
47 520
-
-
Dividends
109 854
168 480
-
-
withholding
32 956
50 544
-
-
total
32 956
50 544
-
-
Income
216 000
216 000
216 000
216 000
Total tax
98 964
98 064
108 453
107 480
After tax
117 036
117 936
107 547
108 520
Living cost
40 137
40 137
40 137
40 137
Free-cash
76 899
77 799
67 410
68 383

Estimated living cost  is ₽40137 per week

₽26601
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3939
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽610
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8988
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94891
₽66973
₽68652
₽82639
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
71 273
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.

-
-
-
6 802
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.

-
-
-
3 921
trade
-
-
-
27 918
total
-
-
-
109 914
Employee

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

50 491
-
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.

4 338
-
71 273
-
surtax

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

238
-
3 921
-
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.

6 802
-
6 802
-
total
11 378
-
81 996
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
165 509
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.

1 366
1 782
-
-
income
24 827
32 400
-
-
chamber of commerce
387
459
-
-
trade
27 227
35 532
-
-
total
53 807
70 173
-
-
Dividends
111 702
145 827
-
-
withholding
27 548
36 078
-
-
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.

1 515
1 984
-
-
total
29 063
38 062
-
-
Income
216 000
216 000
216 000
216 000
Total tax
94 248
108 235
81 996
109 914
After tax
121 752
107 765
134 004
106 086
Living cost
39 113
39 113
39 113
39 113
Free-cash
82 639
68 652
94 891
66 973

Estimated living cost  is ₽39113 per week

₽26159
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4125
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8245
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽111520
₽113308
₽125147
₽121021
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 109
income
-
-
-
48 781
health
-
-
-
5 508
total
-
-
-
70 398
Employee
76 560
76 560
203 662
-
social contributions
3 720
6 354
8 570
-
income
8 039
7 087
47 817
-
health
761
1 302
3 461
-
total
12 520
14 743
59 848
-
Employer
76 560
76 560
203 662
-
health
829
1 417
3 768
-
social contributions
3 720
6 354
8 570
-
total
4 549
7 771
12 338
-
Corporate
166 635
131 669
-
-
income
20 829
16 459
-
-
total
20 829
16 459
-
-
Dividends
145 806
115 210
-
-
withholding
24 787
19 586
-
-
total
24 787
19 586
-
-
Income
216 000
216 000
216 000
216 000
Total tax
62 685
58 559
72 186
70 398
After tax
153 315
157 441
143 814
145 602
Living cost
32 294
32 294
32 294
32 294
Free-cash
121 021
125 147
111 520
113 308

Estimated living cost  is ₽32294 per week

₽22076
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2522
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽542
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7153
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽105642
₽130059
₽101707
₽102115
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
15 120
unemployment
-
-
-
3 240
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.

28 257
11 246
180 753
-
income
3 454
1 375
22 097
-
health
1 978
787
12 653
-
pensions
2 826
1 125
18 075
-
unemployment
424
169
2 711
-
total
8 682
3 456
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.

28 257
11 246
180 753
-
pensions
5 510
2 193
35 247
-
total
5 510
2 193
35 247
-
Corporate
182 232
202 561
-
-
income
16 401
18 230
-
-
total
16 401
18 230
-
-
Dividends
165 831
184 330
-
-
withholding
31 508
35 023
-
-
social contributions
32 209
35 816
-
-
total
63 717
70 839
-
-
Income
216 000
216 000
216 000
216 000
Total tax
94 310
94 718
90 783
66 366
After tax
121 690
121 282
125 217
149 634
Living cost
19 575
19 575
19 575
19 575
Free-cash
102 115
101 707
105 642
130 059

Estimated living cost  is ₽19575 per week

₽13358
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1602
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽391
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4224
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽100450
₽91727
₽148752
₽142566
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
216 000
income
-
-
-
28 944
health
-
-
-
28 081
pensions
-
-
-
43 200
total
-
-
-
100 225
Employee
28 245
-
161 434
-
income
3 180
-
31 124
-
pensions
565
-
3 229
-
unemployment
452
-
2 583
-
total
4 197
-
36 936
-
Employer
28 245
-
161 434
-
unemployment
227
-
1 292
-
pensions
5 649
-
32 288
-
health
3 671
-
20 986
-
total
9 547
-
54 566
-
Corporate
178 208
216 000
-
-
income
35 642
43 200
-
-
total
35 642
43 200
-
-
Dividends
142 566
172 800
-
-
total
-
-
-
-
Income
216 000
216 000
216 000
216 000
Total tax
49 386
43 200
91 502
100 225
After tax
166 614
172 800
124 498
115 775
Living cost
24 048
24 048
24 048
24 048
Free-cash
142 566
148 752
100 450
91 727

Estimated living cost  is ₽24048 per week

₽16495
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1432
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.
₽5638
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96908
₽125652
-₽4363
₽14143
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
251
income
-
-
-
61 569
health
-
-
-
2 167
other
-
-
-
368
pensions
-
-
-
4 134
total
-
-
-
68 489
Employee
34 385
-
196 940
-
income
4 717
-
48 043
-
health
3 937
-
22 550
-
pensions
3 872
-
7 580
-
total
12 526
-
78 173
-
Employer
34 385
-
196 940
-
unemployment
842
-
4 825
-
pensions
5 591
-
10 946
-
accident
574
-
3 289
-
total
7 007
-
19 060
-
Corporate
174 608
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.

157 147
194 400
-
-
total
157 147
194 400
-
-
Dividends
17 461
21 600
-
-
withholding
3 318
4 104
-
-
total
3 318
4 104
-
-
Income
216 000
216 000
216 000
216 000
Total tax
179 998
198 504
97 233
68 489
After tax
36 002
17 496
118 767
147 511
Living cost
21 859
21 859
21 859
21 859
Free-cash
14 143
-4 363
96 908
125 652

Estimated living cost  is ₽21859 per week

₽16021
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1211
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4171
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽164322
₽205362
₽196722
₽195133
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
10 597
-
216 000
-
income
2 119
-
43 200
-
total
2 119
-
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%.

205 403
216 000
-
-
total
-
-
-
-
Dividends
205 403
216 000
-
-
withholding
10 270
10 800
-
-
total
10 270
10 800
-
-
Income
216 000
216 000
216 000
216 000
Total tax
12 389
10 800
43 200
2 160
After tax
203 611
205 200
172 800
213 840
Living cost
8 478
8 478
8 478
8 478
Free-cash
195 133
196 722
164 322
205 362

Estimated living cost  is ₽8478 per week

₽5254
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽705
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽233
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2286
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽100238
₽102041
₽132166
₽125442
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
37 239
health
-
-
-
6 662
other
-
-
-
7 191
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.

-
-
-
36 337
total
-
-
-
87 429
Employee
36 151
-
177 637
-
income
6 224
-
36 638
-
health
506
-
2 120
-
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.

2 530
-
10 598
-
unemployment
361
-
1 513
-
total
9 621
-
50 869
-
Employer
36 151
-
177 637
-
other
1 808
-
7 569
-
unemployment
361
-
1 513
-
pensions

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

6 146
-
25 740
-
health
506
-
2 120
-
accident
289
-
1 421
-
total
9 110
-
38 363
-
Corporate
170 738
216 000
-
-
income
35 856
45 359
-
-
total
35 856
45 359
-
-
Dividends
134 883
170 641
-
-
withholding
9 441
11 945
-
-
total
9 441
11 945
-
-
Income
216 000
216 000
216 000
216 000
Total tax
64 028
57 304
89 232
87 429
After tax
151 972
158 696
126 768
128 571
Living cost
26 530
26 530
26 530
26 530
Free-cash
125 442
132 166
100 238
102 041

Estimated living cost  is ₽26530 per week

₽18745
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1791
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽427
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5566
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54086
₽73415
₽70262
₽78307
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
65 984
pensions
-
-
-
9 789
total
-
-
-
75 773
Employee
94 529
-
188 318
-
income
17 040
-
53 098
-
health
1 558
-
2 575
-
pensions
9 119
-
11 747
-
total
27 717
-
67 420
-
Employer
94 529
-
188 318
-
pensions
11 161
-
24 105
-
health
1 795
-
3 577
-
total
12 956
-
27 682
-
Corporate
108 514
216 000
-
-
income

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

20 617
41 041
-
-
total
20 617
41 041
-
-
Dividends
87 897
174 959
-
-
withholding
9 591
37 885
-
-
total
9 591
37 885
-
-
Income
216 000
216 000
216 000
216 000
Total tax
70 881
78 926
95 102
75 773
After tax
145 119
137 074
120 898
140 227
Living cost
66 812
66 812
66 812
66 812
Free-cash
78 307
70 262
54 086
73 415

Estimated living cost  is ₽66812 per week

₽50064
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7850
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽543
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8356
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽170394
₽161468
₽171747
₽167164
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 962
unemployment
-
-
-
138
pensions

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

-
-
-
5 099
total
-
-
-
41 599
Employee
17 125
-
209 240
-
income
1 712
-
20 924
-
accident

We are using the highest rate at 1.1%.

189
-
379
-
health
788
-
1 585
-
pensions

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

1 504
-
3 025
-
total
4 193
-
25 913
-
Employer
17 125
-
209 240
-
unemployment
102
-
207
-
pensions

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

1 887
-
3 797
-
health
1 182
-
2 377
-
accident

We are using the highest rate at 1.1%.

189
-
379
-
total
3 360
-
6 760
-
Corporate
195 515
216 000
-
-
income
19 551
21 600
-
-
total
19 551
21 600
-
-
Dividends
175 963
194 400
-
-
withholding
8 799
9 720
-
-
total
8 799
9 720
-
-
Income
216 000
216 000
216 000
216 000
Total tax
35 903
31 320
32 673
41 599
After tax
180 097
184 680
183 327
174 401
Living cost
12 933
12 933
12 933
12 933
Free-cash
167 164
171 747
170 394
161 468

Estimated living cost  is ₽12933 per week

₽7550
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽924
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽343
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4116
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82947
₽61213
₽52336
₽54842
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
75 635
health
-
-
-
12 277
pensions
-
-
-
11 665
total
-
-
-
99 577
Employee
92 309
85 024
197 497
-
income

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

13 917
13 917
35 398
-
health
11 516
11 100
12 277
-
pensions
11 665
11 665
11 665
-
total
37 098
36 682
59 340
-
Employer
92 309
85 024
197 497
-
unemployment
3 323
3 061
3 803
-
pensions
6 424
5 918
7 356
-
health
6 415
5 910
7 344
-
total
16 162
14 889
18 503
-
Corporate
107 529
116 087
-
-
income
21 505
23 217
-
-
total
21 505
23 217
-
-
Dividends
86 024
92 870
-
-
withholding
12 903
13 931
-
-
income
18 280
19 735
-
-
total
31 183
33 666
-
-
Income
216 000
216 000
216 000
216 000
Total tax
105 948
108 454
77 843
99 577
After tax
110 052
107 546
138 157
116 423
Living cost
55 210
55 210
55 210
55 210
Free-cash
54 842
52 336
82 947
61 213

Estimated living cost  is ₽55210 per week

₽40726
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4931
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽633
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8920
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92322
₽101626
₽123900
₽115048
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
35 709
income
-
-
-
22 670
health
-
-
-
29 160
solidarity contribution
-
-
-
2 019
total
-
-
-
89 558
Employee
36 494
-
170 117
-
social contributions
2 372
-
7 949
-
income
4 379
-
20 880
-
health
4 927
-
22 966
-
solidarity contribution
-
-
1 184
-
total
11 678
-
52 979
-
Employer
36 494
-
170 117
-
health
3 284
-
15 310
-
social contributions
9 123
-
30 573
-
total
12 407
-
45 883
-
Corporate
167 098
216 000
-
-
income
31 749
41 040
-
-
total
31 749
41 040
-
-
Dividends
135 349
174 960
-
-
withholding
20 302
26 244
-
-
total
20 302
26 244
-
-
Income
216 000
216 000
216 000
216 000
Total tax
76 136
67 284
98 862
89 558
After tax
139 864
148 716
117 138
126 442
Living cost
24 816
24 816
24 816
24 816
Free-cash
115 048
123 900
92 322
101 626

Estimated living cost  is ₽24816 per week

₽17237
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1765
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5325
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53144
₽61585
₽73232
₽68033
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
49 832
national
-
-
-
58 547
regional
-
-
-
2 693
municipal
-
-
-
1 330
total
-
-
-
112 402
Employee
88 487
-
216 000
-
social contributions
29 838
-
65 330
-
municipal
469
-
1 205
-
regional
835
-
2 425
-
national
15 333
-
51 883
-
total
46 475
-
120 843
-
Employer
88 487
-
216 000
-
total
-
-
-
-
Corporate
127 513
216 000
-
-
nationa
30 603
51 840
-
-
municipal
4 973
8 425
-
-
total
35 576
60 265
-
-
Dividends
91 938
155 735
-
-
withholding
23 903
40 490
-
-
total
23 903
40 490
-
-
Income
216 000
216 000
216 000
216 000
Total tax
105 954
100 755
120 843
112 402
After tax
110 046
115 245
95 157
103 598
Living cost
42 013
42 013
42 013
42 013
Free-cash
68 033
73 232
53 144
61 585

Estimated living cost  is ₽42013 per week

₽29286
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2755
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽644
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9326
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73621
₽79706
₽113894
₽110794
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
66 912
health
-
-
-
9 434
unemployment
-
-
-
227
other
-
-
-
-
pensions
-
-
-
26 577
surtax
-
-
-
11 174
total
-
-
-
114 324
Employee
32 925
-
188 029
-
income
5 519
-
60 956
-
surtax
108
-
9 982
-
health
841
-
3 388
-
pensions
2 196
-
8 863
-
unemployment
2 292
-
9 249
-
other
-
-
-
-
total
10 956
-
92 438
-
Employer
32 925
-
188 029
-
other
-
-
-
-
unemployment
1 043
-
4 212
-
pensions
4 389
-
17 713
-
health
1 498
-
6 046
-
total
6 930
-
27 971
-
Corporate
176 144
216 000
-
-
income
45 798
56 159
-
-
total
45 798
56 159
-
-
Dividends
130 347
159 841
-
-
withholding
19 552
23 977
-
-
total
19 552
23 977
-
-
Income
216 000
216 000
216 000
216 000
Total tax
83 236
80 136
120 409
114 324
After tax
132 764
135 864
95 591
101 676
Living cost
21 970
21 970
21 970
21 970
Free-cash
110 794
113 894
73 621
79 706

Estimated living cost  is ₽21970 per week

₽13434
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2027
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽506
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6003
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75254
₽94583
₽91430
₽98030
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
65 984
pensions
-
-
-
9 789
total
-
-
-
75 773
Employee
63 351
-
188 318
-
income
11 410
-
53 098
-
health
920
-
2 575
-
pensions
5 377
-
11 747
-
total
17 707
-
67 420
-
Employer
63 351
-
188 318
-
pensions
6 858
-
24 105
-
health
1 203
-
3 577
-
total
8 061
-
27 682
-
Corporate
144 588
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.

27 471
41 041
-
-
total
27 471
41 041
-
-
Dividends
117 117
174 959
-
-
withholding
19 087
37 885
-
-
total
19 087
37 885
-
-
Income
216 000
216 000
216 000
216 000
Total tax
72 326
78 926
95 102
75 773
After tax
143 674
137 074
120 898
140 227
Living cost
45 644
45 644
45 644
45 644
Free-cash
98 030
91 430
75 254
94 583

Estimated living cost  is ₽45644 per week

₽34196
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3421
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7549
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽85580
₽93997
₽20672
₽54087
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
city
-
-
-
2 277
health
-
-
-
485
national
-
-
-
5 153
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
pensions
-
-
-
19 872
regional
-
-
-
11 795
total
-
-
-
43 903
Employee
91 397
-
194 098
-
regional
2 993
-
10 423
-
health
207
-
437
-
national
433
-
4 148
-
pensions
7 679
-
15 449
-
unemployment
-
-
-
-
city
981
-
2 096
-
total
12 293
-
32 553
-
Employer
91 397
-
194 098
-
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.

1 827
-
3 881
-
unemployment
-
-
-
-
pensions
7 679
-
15 449
-
health
207
-
437
-
total
9 713
-
19 767
-
Corporate
113 885
216 000
-
-
regional
24 087
45 684
-
-
national
9 680
18 360
-
-
total
33 767
64 044
-
-
Dividends
80 118
151 956
-
-
withholding
28 040
53 184
-
-
total
28 040
53 184
-
-
Income
216 000
216 000
216 000
216 000
Total tax
83 813
117 228
52 320
43 903
After tax
132 187
98 772
163 680
172 097
Living cost
78 100
78 100
78 100
78 100
Free-cash
54 087
20 672
85 580
93 997

Estimated living cost  is ₽78100 per week

₽50787
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7009
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽959
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19345
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽88393
₽59288
₽61044
₽77188
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
71 273
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.

-
-
-
6 802
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.

-
-
-
3 921
trade
-
-
-
29 105
total
-
-
-
111 101
Employee

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

59 836
-
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.

7 036
-
71 273
-
surtax

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

387
-
3 921
-
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.

6 802
-
6 802
-
total
14 225
-
81 996
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
156 164
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.

1 289
1 782
-
-
income
23 425
32 400
-
-
chamber of commerce
370
455
-
-
trade
26 783
37 044
-
-
total
51 867
71 681
-
-
Dividends
104 297
144 319
-
-
withholding
25 696
35 701
-
-
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.

1 413
1 963
-
-
total
27 109
37 664
-
-
Income
216 000
216 000
216 000
216 000
Total tax
93 201
109 345
81 996
111 101
After tax
122 799
106 655
134 004
104 899
Living cost
45 611
45 611
45 611
45 611
Free-cash
77 188
61 044
88 393
59 288

Estimated living cost  is ₽45611 per week

₽33312
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3648
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽593
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8058
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79006
₽84826
₽74799
₽80682
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 156
income
-
-
-
39 214
health
-
-
-
10 401
other
-
-
-
6 696
pensions
-
-
-
34 643
surtax
-
-
-
-
total
-
-
-
97 110
Employee
42 612
-
165 107
-
social contributions
1 215
-
4 705
-
income
2 515
-
34 995
-
surtax
-
-
-
-
pensions
4 818
-
12 338
-
total
8 548
-
52 038
-
Employer
42 612
-
165 107
-
other
1 470
-
6 806
-
unemployment
1 725
-
6 687
-
pensions
7 000
-
20 614
-
health
2 983
-
16 290
-
social contributions
128
-
495
-
total
13 306
-
50 892
-
Corporate
160 081
216 000
-
-
surtax
-
-
-
-
income
44 823
60 480
-
-
total
44 823
60 480
-
-
Dividends
115 258
155 520
-
-
withholding
14 753
19 907
-
-
surtax
-
-
-
-
social contributions
19 824
26 750
-
-
total
34 577
46 657
-
-
Income
216 000
216 000
216 000
216 000
Total tax
101 254
107 137
102 930
97 110
After tax
114 746
108 863
113 070
118 890
Living cost
34 064
34 064
34 064
34 064
Free-cash
80 682
74 799
79 006
84 826

Estimated living cost  is ₽34064 per week

₽21479
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2770
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9237
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82381
₽88201
₽78174
₽83707
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 156
income
-
-
-
39 214
health
-
-
-
10 401
other
-
-
-
6 696
pensions
-
-
-
34 643
surtax
-
-
-
-
total
-
-
-
97 110
Employee
38 037
-
165 107
-
social contributions
1 085
-
4 705
-
income
1 961
-
34 995
-
surtax
-
-
-
-
pensions
4 302
-
12 338
-
total
7 348
-
52 038
-
Employer
38 037
-
165 107
-
other
1 313
-
6 806
-
unemployment
1 540
-
6 687
-
pensions
6 250
-
20 614
-
health
2 662
-
16 290
-
social contributions
113
-
495
-
total
11 878
-
50 892
-
Corporate
166 084
216 000
-
-
surtax
-
-
-
-
income
46 504
60 480
-
-
total
46 504
60 480
-
-
Dividends
119 580
155 520
-
-
withholding
15 306
19 907
-
-
surtax
-
-
-
-
social contributions
20 568
26 750
-
-
total
35 874
46 657
-
-
Income
216 000
216 000
216 000
216 000
Total tax
101 604
107 137
102 930
97 110
After tax
114 396
108 863
113 070
118 890
Living cost
30 689
30 689
30 689
30 689
Free-cash
83 707
78 174
82 381
88 201

Estimated living cost  is ₽30689 per week

₽17798
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3118
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽582
Clothing and shoes. We estimate one pair of shoes and 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 Marseille model

Close
Vilnius , Lithuania
₽111956
₽117603
₽110666
₽111183
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
29 807
income
-
-
-
32 400
health
-
-
-
15 078
total
-
-
-
77 285
Employee
33 758
-
216 000
-
social contributions
4 659
-
29 807
-
income
5 630
-
38 047
-
health
2 356
-
15 078
-
total
12 645
-
82 932
-
Employer
33 758
-
216 000
-
total
-
-
-
-
Corporate
182 242
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%.

9 113
10 800
-
-
total
9 113
10 800
-
-
Dividends
173 129
205 200
-
-
health
12 085
14 324
-
-
withholding
25 970
30 781
-
-
social contributions
23 892
28 317
-
-
total
61 947
73 422
-
-
Income
216 000
216 000
216 000
216 000
Total tax
83 705
84 222
82 932
77 285
After tax
132 295
131 778
133 068
138 715
Living cost
21 112
21 112
21 112
21 112
Free-cash
111 183
110 666
111 956
117 603

Estimated living cost  is ₽21112 per week

₽14129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1302
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5194
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21628
₽75703
₽84043
₽82501
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
67 632
health
-
-
-
8 897
unemployment
-
-
-
6 107
pensions
-
-
-
21 519
surtax
-
-
-
196
chamber of commerce
-
-
-
863
total
-
-
-
105 214
Employee
49 758
39 678
177 838
-
income
5 664
2 927
56 545
-
health
1 925
1 536
4 501
-
pensions
5 096
4 062
11 911
-
unemployment
1 493
1 190
3 490
-
other
497
397
1 164
-
total
14 675
10 112
77 611
-
Employer
49 758
39 678
177 838
-
other
2 364
1 884
7 924
-
surtax
196
196
196
-
unemployment
1 493
1 190
3 490
-
pensions
6 245
4 981
14 598
-
payroll
1 493
1 190
5 336
-
health
1 880
1 500
4 397
-
accident
646
516
1 512
-
chamber of commerce
198
159
710
-
total
14 515
11 616
38 163
-
Corporate
151 728
164 706
174 059
-
income

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

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

37 932
41 176
43 515
-
total
37 932
41 176
43 515
-
Dividends
113 796
123 530
-
-
withholding
31 294
33 970
-
-
total
31 294
33 970
-
-
Income
216 000
216 000
216 000
216 000
Total tax
98 416
96 874
159 289
105 214
After tax
117 584
119 126
56 711
110 786
Living cost
35 083
35 083
35 083
35 083
Free-cash
82 501
84 043
21 628
75 703

Estimated living cost  is ₽35083 per week

₽23399
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2993
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽576
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8115
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37481
₽57605
₽82678
₽69482
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
24 823
national
-
-
-
85 799
communal

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

-
-
-
11 471
total
-
-
-
122 093
Employee

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

71 219
-
167 296
-
communal

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

3 715
-
8 725
-
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.

3 346
-
7 862
-
national
21 896
-
62 927
-
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.

5 341
-
12 548
-
unemployment

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

620
-
1 455
-
total
34 918
-
93 517
-
Employer

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

71 219
-
167 296
-
surtax
8 075
-
18 970
-
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.

1 039
-
2 443
-
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.

6 311
-
14 822
-
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.

4 380
-
10 290
-
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.

926
-
2 175
-
total
20 731
-
48 700
-
Corporate
124 050
216 000
-
-
surtax
497
913
-
-
income
24 810
45 635
-
-
total
25 307
46 548
-
-
Dividends
98 743
169 452
-
-
withholding

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

29 260
50 472
-
-
total
29 260
50 472
-
-
Income
216 000
216 000
216 000
216 000
Total tax
110 216
97 020
142 217
122 093
After tax
105 784
118 980
73 783
93 907
Living cost
36 302
36 302
36 302
36 302
Free-cash
69 482
82 678
37 481
57 605

Estimated living cost  is ₽36302 per week

₽23383
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3174
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9177
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80628
₽84806
₽107531
₽100710
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
831
income
-
-
-
67 551
unemployment
-
-
-
646
other
-
-
-
93
pensions
-
-
-
26 116
total
-
-
-
95 237
Employee
49 561
-
186 580
-
income
10 457
-
64 134
-
pensions
2 330
-
4 338
-
unemployment
769
-
1 430
-
other
49
-
93
-
total
13 605
-
69 995
-
Employer
49 561
-
186 580
-
other
395
-
739
-
unemployment
2 726
-
5 075
-
pensions
11 696
-
21 779
-
accident
981
-
1 827
-
total
15 798
-
29 420
-
Corporate
150 642
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.

22 596
32 400
-
-
total
22 596
32 400
-
-
Dividends
128 046
183 600
-
-
withholding
27 334
40 112
-
-
total
27 334
40 112
-
-
Income
216 000
216 000
216 000
216 000
Total tax
79 333
72 512
99 415
95 237
After tax
136 667
143 488
116 585
120 763
Living cost
35 957
35 957
35 957
35 957
Free-cash
100 710
107 531
80 628
84 806

Estimated living cost  is ₽35957 per week

₽26478
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2551
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽518
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6409
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56750
₽48138
₽68884
₽55225
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 821
income
-
-
-
40 025
health
-
-
-
15 174
communal
-
-
-
13 651
pensions
-
-
-
32 375
surtax
-
-
-
10 709
total
-
-
-
113 755
Employee
75 399
-
192 943
-
income
7 283
-
46 243
-
surtax
4 622
-
11 824
-
health
3 356
-
8 586
-
pensions
6 031
-
15 435
-
total
21 292
-
82 088
-
Employer
75 399
-
192 943
-
pensions
6 031
-
15 435
-
health
2 299
-
5 884
-
accident
678
-
1 736
-
total
9 008
-
23 055
-
Corporate
131 592
216 000
-
-
surtax
1 381
2 267
-
-
income
19 739
32 400
-
-
communal
8 882
14 581
-
-
total
30 002
49 248
-
-
Dividends
101 590
166 752
-
-
withholding
15 238
25 012
-
-
income
31 128
18 749
-
-
total
46 366
43 761
-
-
Income
216 000
216 000
216 000
216 000
Total tax
106 668
93 009
105 143
113 755
After tax
109 332
122 991
110 857
102 245
Living cost
54 107
54 107
54 107
54 107
Free-cash
55 225
68 884
56 750
48 138

Estimated living cost  is ₽54107 per week

₽40589
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3278
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽572
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9666
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73228
₽79313
₽113501
₽110335
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
66 912
health
-
-
-
9 434
unemployment
-
-
-
227
other
-
-
-
-
pensions
-
-
-
26 577
surtax
-
-
-
11 174
total
-
-
-
114 324
Employee
33 530
-
188 029
-
income
5 621
-
60 956
-
surtax
119
-
9 982
-
health
856
-
3 388
-
pensions
2 237
-
8 863
-
unemployment
2 333
-
9 249
-
other
-
-
-
-
total
11 166
-
92 438
-
Employer
33 530
-
188 029
-
other
-
-
-
-
unemployment
1 064
-
4 212
-
pensions
4 470
-
17 713
-
health
1 525
-
6 046
-
total
7 059
-
27 971
-
Corporate
175 411
216 000
-
-
income
45 607
56 159
-
-
total
45 607
56 159
-
-
Dividends
129 805
159 841
-
-
withholding
19 470
23 977
-
-
total
19 470
23 977
-
-
Income
216 000
216 000
216 000
216 000
Total tax
83 302
80 136
120 409
114 324
After tax
132 698
135 864
95 591
101 676
Living cost
22 363
22 363
22 363
22 363
Free-cash
110 335
113 501
73 228
79 313

Estimated living cost  is ₽22363 per week

₽13502
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1944
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6399
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67704
₽76097
₽86715
₽84504
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
49 832
national
-
-
-
58 547
regional
-
-
-
3 374
municipal
-
-
-
1 330
total
-
-
-
113 083
Employee
55 230
-
216 000
-
social contributions
18 624
-
65 330
-
municipal
293
-
1 205
-
regional
743
-
3 058
-
national
8 750
-
51 883
-
total
28 410
-
121 476
-
Employer
55 230
-
216 000
-
total
-
-
-
-
Corporate
160 770
216 000
-
-
nationa
38 586
51 840
-
-
municipal
7 990
10 736
-
-
total
46 576
62 576
-
-
Dividends
114 194
153 424
-
-
withholding
29 690
39 889
-
-
total
29 690
39 889
-
-
Income
216 000
216 000
216 000
216 000
Total tax
104 676
102 465
121 476
113 083
After tax
111 324
113 535
94 524
102 917
Living cost
26 820
26 820
26 820
26 820
Free-cash
84 504
86 715
67 704
76 097

Estimated living cost  is ₽26820 per week

₽16680
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2717
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.
₽6964
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86558
₽95862
₽118136
₽107227
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
35 709
income
-
-
-
22 670
health
-
-
-
29 160
solidarity contribution
-
-
-
2 019
total
-
-
-
89 558
Employee
44 970
-
170 117
-
social contributions
2 923
-
7 949
-
income
5 396
-
20 880
-
health
6 071
-
22 966
-
solidarity contribution
-
-
1 184
-
total
14 390
-
52 979
-
Employer
44 970
-
170 117
-
health
4 047
-
15 310
-
social contributions
11 243
-
30 573
-
total
15 290
-
45 883
-
Corporate
155 740
216 000
-
-
income
29 591
41 040
-
-
total
29 591
41 040
-
-
Dividends
126 150
174 960
-
-
withholding
18 922
26 244
-
-
total
18 922
26 244
-
-
Income
216 000
216 000
216 000
216 000
Total tax
78 193
67 284
98 862
89 558
After tax
137 807
148 716
117 138
126 442
Living cost
30 580
30 580
30 580
30 580
Free-cash
107 227
118 136
86 558
95 862

Estimated living cost  is ₽30580 per week

₽22741
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1694
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽529
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5616
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24993
₽79217
₽87467
₽86972
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
67 632
health
-
-
-
8 897
unemployment
-
-
-
6 107
pensions
-
-
-
21 519
surtax
-
-
-
-
chamber of commerce
-
-
-
863
total
-
-
-
105 018
Employee
43 522
39 678
178 019
-
income
3 877
2 927
56 633
-
health
1 683
1 536
4 501
-
pensions
4 457
4 062
11 911
-
unemployment
1 306
1 190
3 490
-
other
435
397
1 164
-
total
11 758
10 112
77 699
-
Employer
43 522
39 678
178 019
-
other
2 067
1 884
7 932
-
surtax
-
-
-
-
unemployment
1 306
1 190
3 490
-
pensions
5 462
4 981
14 598
-
payroll
1 306
1 190
5 341
-
health
1 646
1 500
4 397
-
accident
565
516
1 512
-
chamber of commerce
174
159
712
-
total
12 526
11 420
37 982
-
Corporate
159 953
164 903
174 240
-
income

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

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

39 988
41 225
43 561
-
total
39 988
41 225
43 561
-
Dividends
119 965
123 677
-
-
withholding
32 991
34 011
-
-
total
32 991
34 011
-
-
Income
216 000
216 000
216 000
216 000
Total tax
97 263
96 768
159 242
105 018
After tax
118 737
119 232
56 758
110 982
Living cost
31 765
31 765
31 765
31 765
Free-cash
86 972
87 467
24 993
79 217

Estimated living cost  is ₽31765 per week

₽19055
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3244
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽567
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8899
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽159589
₽200629
₽191989
₽189512
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
16 514
-
216 000
-
income
3 303
-
43 200
-
total
3 303
-
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%.

199 486
216 000
-
-
total
-
-
-
-
Dividends
199 486
216 000
-
-
withholding
9 974
10 800
-
-
total
9 974
10 800
-
-
Income
216 000
216 000
216 000
216 000
Total tax
13 277
10 800
43 200
2 160
After tax
202 723
205 200
172 800
213 840
Living cost
13 211
13 211
13 211
13 211
Free-cash
189 512
191 989
159 589
200 629

Estimated living cost  is ₽13211 per week

₽8940
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽555
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽443
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3273
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69731
₽74420
₽122011
₽113684
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
53 851
health
-
-
-
21 254
unemployment
-
-
-
323
pensions
-
-
-
39 447
total
-
-
-
114 875
Employee

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

44 028
-
186 901
-
income
7 592
-
49 162
-
health
2 844
-
12 073
-
pensions
6 825
-
28 970
-
unemployment
62
-
261
-
total
17 323
-
90 466
-
Employer

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

44 028
-
186 901
-
unemployment
26
-
111
-
pensions
3 896
-
16 540
-
health
2 932
-
12 447
-
total
6 854
-
29 098
-
Corporate
165 118
216 000
-
-
income
31 372
41 040
-
-
total
31 372
41 040
-
-
Dividends
133 746
174 960
-
-
withholding
20 062
26 244
-
-
total
20 062
26 244
-
-
Income
216 000
216 000
216 000
216 000
Total tax
75 611
67 284
119 564
114 875
After tax
140 389
148 716
96 436
101 125
Living cost
26 705
26 705
26 705
26 705
Free-cash
113 684
122 011
69 731
74 420

Estimated living cost  is ₽26705 per week

₽18327
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1712
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽518
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6150
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽154541
₽102174
₽84315
₽32392
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
24 624
income
-
-
-
42 103
total
-
-
-
66 727
Employee
67 534
-
-
-
social contributions
5 538
-
789
-
income
14 897
-
-
-
total
20 435
-
789
-
Employer
67 534
-
-
-
social contributions
95 223
-
13 571
-
total
95 223
-
13 571
-
Corporate
53 243
216 000
-
-
income
11 714
47 520
-
-
total
11 714
47 520
-
-
Dividends
41 530
168 480
-
-
income
9 137
37 066
-
-
total
9 137
37 066
-
-
Income
216 000
216 000
216 000
216 000
Total tax
136 509
84 586
14 360
66 727
After tax
79 491
131 414
201 640
149 273
Living cost
47 099
47 099
47 099
47 099
Free-cash
32 392
84 315
154 541
102 174

Estimated living cost  is ₽47099 per week

₽30560
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4430
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽600
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11509
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65271
₽81843
₽91631
₽90628
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions

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

-
-
-
75 059
income
-
-
-
27 868
surtax
-
-
-
-
total
-
-
-
102 927
Employee
45 792
-
174 546
-
social contributions
5 037
-
19 200
-
income
9 525
-
58 741
-
surtax
-
-
104
-
total
14 562
-
78 045
-
Employer
45 792
-
174 546
-
social contributions
10 875
-
41 454
-
total
10 875
-
41 454
-
Corporate
159 333
216 000
-
-
surtax
-
-
-
-
income
33 460
45 359
-
-
total
33 460
45 359
-
-
Dividends
125 873
170 641
-
-
withholding
35 245
47 780
-
-
total
35 245
47 780
-
-
Income
216 000
216 000
216 000
216 000
Total tax
94 142
93 139
119 499
102 927
After tax
121 858
122 861
96 501
113 073
Living cost
31 230
31 230
31 230
31 230
Free-cash
90 628
91 631
65 271
81 843

Estimated living cost  is ₽31230 per week

₽23366
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1842
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽521
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5500
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64982
₽70802
₽60775
₽67621
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 156
income
-
-
-
39 214
health
-
-
-
10 401
other
-
-
-
6 696
pensions
-
-
-
34 643
surtax
-
-
-
-
total
-
-
-
97 110
Employee
62 359
-
165 107
-
social contributions
1 776
-
4 705
-
income
5 441
-
34 995
-
surtax
-
-
-
-
pensions
7 053
-
12 338
-
total
14 270
-
52 038
-
Employer
62 359
-
165 107
-
other
2 152
-
6 806
-
unemployment
2 526
-
6 687
-
pensions
10 246
-
20 614
-
health
4 365
-
16 290
-
social contributions
187
-
495
-
total
19 476
-
50 892
-
Corporate
134 165
216 000
-
-
surtax
-
-
-
-
income
37 565
60 480
-
-
total
37 565
60 480
-
-
Dividends
96 599
155 520
-
-
withholding
12 364
19 907
-
-
surtax
-
-
-
-
social contributions
16 616
26 750
-
-
total
28 980
46 657
-
-
Income
216 000
216 000
216 000
216 000
Total tax
100 291
107 137
102 930
97 110
After tax
115 709
108 863
113 070
118 890
Living cost
48 088
48 088
48 088
48 088
Free-cash
67 621
60 775
64 982
70 802

Estimated living cost  is ₽48088 per week

₽32545
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3934
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽659
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10949
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽133489
₽127750
₽164471
₽161127
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 802
social contributions
-
-
-
47 519
total
-
-
-
58 321
Employee
32 009
-
187 013
-
social contributions
2 080
-
12 155
-
income
-
-
11 440
-
total
2 080
-
23 595
-
Employer
32 009
-
187 013
-
social contributions
4 962
-
28 987
-
total
4 962
-
28 987
-
Corporate
179 030
216 000
-
-
income
17 902
21 600
-
-
total
17 902
21 600
-
-
Dividends
161 127
194 400
-
-
total
-
-
-
-
Income
216 000
216 000
216 000
216 000
Total tax
24 944
21 600
52 582
58 321
After tax
191 056
194 400
163 418
157 679
Living cost
29 929
29 929
29 929
29 929
Free-cash
161 127
164 471
133 489
127 750

Estimated living cost  is ₽29929 per week

₽19351
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2256
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽563
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7758
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽524
₽77166
-₽524
-₽524
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
26 691
pensions
-
-
-
861
labour market
-
-
-
17 211
municipal
-
-
-
46 210
total
-
-
-
90 973
Employee
202 010
202 010
202 010
-
municipal
43 017
43 017
43 017
-
national
24 679
24 679
24 679
-
pensions
287
287
287
-
labour market
16 138
16 138
16 138
-
total
84 121
84 121
84 121
-
Employer
202 010
202 010
202 010
-
national
24 722
24 722
24 722
-
pensions
574
574
574
-
labour market
16 161
16 161
16 161
-
municipal
43 085
43 085
43 085
-
total
84 542
84 542
84 542
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
216 000
216 000
216 000
216 000
Total tax
168 663
168 663
168 663
90 973
After tax
47 337
47 337
47 337
125 027
Living cost
47 861
47 861
47 861
47 861
Free-cash
-524
-524
-524
77 166

Estimated living cost  is ₽47861 per week

₽32757
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4234
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽736
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10134
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97231
₽125975
-₽4040
₽14193
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
251
income
-
-
-
61 569
health
-
-
-
2 167
other
-
-
-
368
pensions
-
-
-
4 134
total
-
-
-
68 489
Employee
33 878
-
196 940
-
income
4 648
-
48 043
-
health
3 879
-
22 550
-
pensions
3 815
-
7 580
-
total
12 342
-
78 173
-
Employer
33 878
-
196 940
-
unemployment
830
-
4 825
-
pensions
5 508
-
10 946
-
accident
566
-
3 289
-
total
6 904
-
19 060
-
Corporate
175 218
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.

157 696
194 400
-
-
total
157 696
194 400
-
-
Dividends
17 522
21 600
-
-
withholding
3 329
4 104
-
-
total
3 329
4 104
-
-
Income
216 000
216 000
216 000
216 000
Total tax
180 271
198 504
97 233
68 489
After tax
35 729
17 496
118 767
147 511
Living cost
21 536
21 536
21 536
21 536
Free-cash
14 193
-4 040
97 231
125 975

Estimated living cost  is ₽21536 per week

₽15676
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1228
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽404
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4228
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70448
₽95192
₽94601
₽97680
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
41 316
health
-
-
-
2 912
municipal
-
-
-
38 355
total
-
-
-
82 583
Employee
52 383
-
181 711
-
municipal
8 580
-
29 581
-
health
391
-
2 383
-
national
865
-
26 082
-
pensions
3 535
-
12 266
-
unemployment
786
-
2 726
-
total
14 157
-
73 038
-
Employer
52 383
-
181 711
-
unemployment
340
-
1 181
-
pensions
9 088
-
31 527
-
health
402
-
1 400
-
accident
53
-
181
-
total
9 883
-
34 289
-
Corporate
153 734
216 000
-
-
income
30 747
43 200
-
-
total
30 747
43 200
-
-
Dividends

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

92 240
129 600
-
-
municipal
16 602
23 329
-
-
national
8 706
16 645
-
-
total
25 308
39 974
-
-
Income
216 000
216 000
216 000
216 000
Total tax
80 095
83 174
107 327
82 583
After tax
135 905
132 826
108 673
133 417
Living cost
38 225
38 225
38 225
38 225
Free-cash
97 680
94 601
70 448
95 192

Estimated living cost  is ₽38225 per week

₽24969
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3677
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽608
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8973
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽120762
₽122550
₽134389
₽128970
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 109
income
-
-
-
48 781
health
-
-
-
5 508
total
-
-
-
70 398
Employee
76 560
76 560
203 662
-
social contributions
2 895
6 354
8 570
-
income
8 336
7 087
47 817
-
health
593
1 302
3 461
-
total
11 824
14 743
59 848
-
Employer
76 560
76 560
203 662
-
health
644
1 417
3 768
-
social contributions
2 895
6 354
8 570
-
total
3 539
7 771
12 338
-
Corporate
177 585
131 669
-
-
income
22 199
16 459
-
-
total
22 199
16 459
-
-
Dividends
155 386
115 210
-
-
withholding
26 416
19 586
-
-
total
26 416
19 586
-
-
Income
216 000
216 000
216 000
216 000
Total tax
63 978
58 559
72 186
70 398
After tax
152 022
157 441
143 814
145 602
Living cost
23 052
23 052
23 052
23 052
Free-cash
128 970
134 389
120 762
122 550

Estimated living cost  is ₽23052 per week

₽13815
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2262
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽510
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6466
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽147946
₽167916
₽163061
₽158000
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
22 312
health
-
-
-
3 603
unemployment
-
-
-
28
pensions
-
-
-
6 333
total
-
-
-
32 276
Employee

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

22 853
-
206 269
-
income
1 563
-
19 843
-
health
1 942
-
8 030
-
pensions
3 427
-
14 171
-
unemployment
113
-
472
-
total
7 045
-
42 516
-
Employer

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

22 853
-
206 269
-
unemployment
113
-
472
-
pensions
1 256
-
5 196
-
health
982
-
4 062
-
total
2 351
-
9 730
-
Corporate
190 794
216 000
-
-
income
17 171
19 440
-
-
total
17 171
19 440
-
-
Dividends
173 623
196 560
-
-
withholding
15 625
17 691
-
-
total
15 625
17 691
-
-
Income
216 000
216 000
216 000
216 000
Total tax
42 192
37 131
52 246
32 276
After tax
173 808
178 869
163 754
183 724
Living cost
15 808
15 808
15 808
15 808
Free-cash
158 000
163 061
147 946
167 916

Estimated living cost  is ₽15808 per week

₽10086
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1139
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽470
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4111
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89206
₽93384
₽116109
₽111710
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
831
income
-
-
-
67 551
unemployment
-
-
-
646
other
-
-
-
93
pensions
-
-
-
26 116
total
-
-
-
95 237
Employee
36 815
-
186 580
-
income
7 098
-
64 134
-
pensions
1 731
-
4 338
-
unemployment
571
-
1 430
-
other
36
-
93
-
total
9 436
-
69 995
-
Employer
36 815
-
186 580
-
other
295
-
739
-
unemployment
2 025
-
5 075
-
pensions
8 688
-
21 779
-
accident
729
-
1 827
-
total
11 737
-
29 420
-
Corporate
167 448
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.

25 118
32 400
-
-
total
25 118
32 400
-
-
Dividends
142 330
183 600
-
-
withholding
30 620
40 112
-
-
total
30 620
40 112
-
-
Income
216 000
216 000
216 000
216 000
Total tax
76 911
72 512
99 415
95 237
After tax
139 089
143 488
116 585
120 763
Living cost
27 379
27 379
27 379
27 379
Free-cash
111 710
116 109
89 206
93 384

Estimated living cost  is ₽27379 per week

₽18480
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2632
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5787
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽137619
₽137738
₽133107
₽132830
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
74 475
health
-
-
-
887
pensions
-
-
-
1 223
total
-
-
-
76 585
Employee
2 554
-
214 624
-
income
494
-
74 411
-
health
128
-
306
-
pensions
230
-
550
-
unemployment
26
-
61
-
total
878
-
75 328
-
Employer
2 554
-
214 624
-
unemployment
51
-
122
-
pensions
281
-
673
-
health
243
-
581
-
total
575
-
1 376
-
Corporate
212 872
216 000
-
-
income
46 832
47 520
-
-
total
46 832
47 520
-
-
Dividends
166 040
168 480
-
-
withholding
33 208
33 696
-
-
total
33 208
33 696
-
-
Income
216 000
216 000
216 000
216 000
Total tax
81 493
81 216
76 704
76 585
After tax
134 507
134 784
139 296
139 415
Living cost
1 677
1 677
1 677
1 677
Free-cash
132 830
133 107
137 619
137 738

Estimated living cost  is ₽1677 per week

₽996
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽136
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽38
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽506
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽121193
₽121192
₽138869
₽133979
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
49 848
health
-
-
-
7 567
unemployment
-
-
-
1 102
pensions
-
-
-
19 100
total
-
-
-
77 617
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.

25 922
-
202 850
-
income
3 573
-
49 848
-
health
1 335
-
3 783
-
pensions
3 629
-
10 285
-
unemployment
194
-
551
-
total
8 731
-
64 467
-
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.

25 922
-
202 850
-
unemployment
194
-
551
-
pensions
3 111
-
8 815
-
health
1 335
-
3 783
-
total
4 640
-
13 149
-
Corporate
185 438
216 000
-
-
income
27 816
32 400
-
-
total
27 816
32 400
-
-
Dividends
157 622
183 600
-
-
withholding
23 643
27 540
-
-
total
23 643
27 540
-
-
Income
216 000
216 000
216 000
216 000
Total tax
64 830
59 940
77 616
77 617
After tax
151 170
156 060
138 384
138 383
Living cost
17 191
17 191
17 191
17 191
Free-cash
133 979
138 869
121 193
121 192

Estimated living cost  is ₽17191 per week

₽11574
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1330
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽497
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3789
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69659
₽86231
₽96019
₽95661
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions

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

-
-
-
75 059
income
-
-
-
27 868
surtax
-
-
-
-
total
-
-
-
102 927
Employee
38 643
-
174 546
-
social contributions
4 251
-
19 200
-
income
7 551
-
58 741
-
surtax
-
-
104
-
total
11 802
-
78 045
-
Employer
38 643
-
174 546
-
social contributions
9 177
-
41 454
-
total
9 177
-
41 454
-
Corporate
168 180
216 000
-
-
surtax
-
-
-
-
income
35 317
45 359
-
-
total
35 317
45 359
-
-
Dividends
132 863
170 641
-
-
withholding
37 201
47 780
-
-
total
37 201
47 780
-
-
Income
216 000
216 000
216 000
216 000
Total tax
93 497
93 139
119 499
102 927
After tax
122 503
122 861
96 501
113 073
Living cost
26 842
26 842
26 842
26 842
Free-cash
95 661
96 019
69 659
86 231

Estimated living cost  is ₽26842 per week

₽19011
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1865
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽476
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5491
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81594
₽85772
₽108497
₽101983
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
831
income
-
-
-
67 551
unemployment
-
-
-
646
other
-
-
-
93
pensions
-
-
-
26 116
total
-
-
-
95 237
Employee
48 085
-
186 580
-
income
10 043
-
64 134
-
pensions
2 260
-
4 338
-
unemployment
744
-
1 430
-
other
47
-
93
-
total
13 094
-
69 995
-
Employer
48 085
-
186 580
-
other
385
-
739
-
unemployment
2 645
-
5 075
-
pensions
11 348
-
21 779
-
accident
952
-
1 827
-
total
15 330
-
29 420
-
Corporate
152 584
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.

22 888
32 400
-
-
total
22 888
32 400
-
-
Dividends
129 696
183 600
-
-
withholding
27 714
40 112
-
-
total
27 714
40 112
-
-
Income
216 000
216 000
216 000
216 000
Total tax
79 026
72 512
99 415
95 237
After tax
136 974
143 488
116 585
120 763
Living cost
34 991
34 991
34 991
34 991
Free-cash
101 983
108 497
81 594
85 772

Estimated living cost  is ₽34991 per week

₽25129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2721
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽493
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6649
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽166358
₽157432
₽167711
₽161700
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 962
unemployment
-
-
-
138
pensions

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

-
-
-
5 099
total
-
-
-
41 599
Employee
22 469
-
209 240
-
income
2 247
-
20 924
-
accident

We are using the highest rate at 1.1%.

247
-
379
-
health
1 034
-
1 585
-
pensions

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

1 973
-
3 025
-
total
5 501
-
25 913
-
Employer
22 469
-
209 240
-
unemployment
135
-
207
-
pensions

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

2 476
-
3 797
-
health
1 550
-
2 377
-
accident

We are using the highest rate at 1.1%.

247
-
379
-
total
4 408
-
6 760
-
Corporate
189 123
216 000
-
-
income
18 912
21 600
-
-
total
18 912
21 600
-
-
Dividends
170 211
194 400
-
-
withholding
8 510
9 720
-
-
total
8 510
9 720
-
-
Income
216 000
216 000
216 000
216 000
Total tax
37 331
31 320
32 673
41 599
After tax
178 669
184 680
183 327
174 401
Living cost
16 969
16 969
16 969
16 969
Free-cash
161 700
167 711
166 358
157 432

Estimated living cost  is ₽16969 per week

₽11223
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽971
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽405
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4370
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95565
₽71212
₽72658
₽85681
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
71 273
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.

-
-
-
6 802
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.

-
-
-
3 921
trade
-
-
-
24 353
total
-
-
-
106 349
Employee

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

49 539
-
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.

4 074
-
71 273
-
surtax

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

225
-
3 921
-
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.

6 802
-
6 802
-
total
11 101
-
81 996
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
166 461
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.

1 374
1 782
-
-
income
24 969
32 400
-
-
chamber of commerce
395
469
-
-
trade
23 888
30 996
-
-
total
50 626
65 647
-
-
Dividends
115 835
150 354
-
-
withholding
28 581
37 210
-
-
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.

1 572
2 046
-
-
total
30 153
39 256
-
-
Income
216 000
216 000
216 000
216 000
Total tax
91 880
104 903
81 996
106 349
After tax
124 120
111 097
134 004
109 651
Living cost
38 439
38 439
38 439
38 439
Free-cash
85 681
72 658
95 565
71 212

Estimated living cost  is ₽38439 per week

₽26516
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4136
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽557
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7229
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52362
₽52362
₽94484
₽96681
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
69 943
social contributions
-
-
-
36 979
total
-
-
-
106 922
Employee
77 881
-
216 000
-
social contributions
6 470
-
36 979
-
income
14 696
-
69 943
-
total
21 166
-
106 922
-
Employer
77 881
-
216 000
-
total
-
-
-
-
Corporate
138 119
216 000
-
-
income
17 266
27 000
-
-
total
17 266
27 000
-
-
Dividends
120 853
189 000
-
-
withholding
24 171
37 800
-
-
total
24 171
37 800
-
-
Income
216 000
216 000
216 000
216 000
Total tax
62 603
64 800
106 922
106 922
After tax
153 397
151 200
109 078
109 078
Living cost
56 716
56 716
56 716
56 716
Free-cash
96 681
94 484
52 362
52 362

Estimated living cost  is ₽56716 per week

₽43149
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4622
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽542
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8404
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽114960
₽141350
₽98999
₽102477
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
32 400
health

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

-
-
-
6 108
total
-
-
-
38 508
Employee
45 674
-
211 420
-
social contributions
4 576
-
4 580
-
income
4 956
-
55 738
-
total
9 532
-
60 318
-
Employer
45 674
-
211 420
-
social contributions
4 576
-
4 580
-
total
4 576
-
4 580
-
Corporate
165 750
216 000
-
-
income
58 013
75 599
-
-
total
58 013
75 599
-
-
Dividends
107 737
140 401
-
-
social contributions
5 260
5 260
-
-
total
5 260
5 260
-
-
Income
216 000
216 000
216 000
216 000
Total tax
77 381
80 859
64 898
38 508
After tax
138 619
135 141
151 102
177 492
Living cost
36 142
36 142
36 142
36 142
Free-cash
102 477
98 999
114 960
141 350

Estimated living cost  is ₽36142 per week

₽23807
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2849
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽554
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8931
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83791
₽103120
₽99967
₽105883
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
65 984
pensions
-
-
-
9 789
total
-
-
-
75 773
Employee
50 935
-
188 318
-
income
9 276
-
53 098
-
health
664
-
2 575
-
pensions
3 888
-
11 747
-
total
13 828
-
67 420
-
Employer
50 935
-
188 318
-
pensions
5 146
-
24 105
-
health
968
-
3 577
-
total
6 114
-
27 682
-
Corporate
158 951
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.

30 201
41 041
-
-
total
30 201
41 041
-
-
Dividends
128 750
174 959
-
-
withholding
22 867
37 885
-
-
total
22 867
37 885
-
-
Income
216 000
216 000
216 000
216 000
Total tax
73 010
78 926
95 102
75 773
After tax
142 990
137 074
120 898
140 227
Living cost
37 107
37 107
37 107
37 107
Free-cash
105 883
99 967
83 791
103 120

Estimated living cost  is ₽37107 per week

₽25455
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3412
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽464
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7773
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽95098
₽123842
-₽6173
₽13865
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
251
income
-
-
-
61 569
health
-
-
-
2 167
other
-
-
-
368
pensions
-
-
-
4 134
total
-
-
-
68 489
Employee
37 231
-
196 940
-
income
5 108
-
48 043
-
health
4 263
-
22 550
-
pensions
4 192
-
7 580
-
total
13 563
-
78 173
-
Employer
37 231
-
196 940
-
unemployment
912
-
4 825
-
pensions
6 054
-
10 946
-
accident
622
-
3 289
-
total
7 588
-
19 060
-
Corporate
171 181
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.

154 063
194 400
-
-
total
154 063
194 400
-
-
Dividends
17 118
21 600
-
-
withholding
3 252
4 104
-
-
total
3 252
4 104
-
-
Income
216 000
216 000
216 000
216 000
Total tax
178 466
198 504
97 233
68 489
After tax
37 534
17 496
118 767
147 511
Living cost
23 669
23 669
23 669
23 669
Free-cash
13 865
-6 173
95 098
123 842

Estimated living cost  is ₽23669 per week

₽17370
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1379
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4442
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽144439
₽122551
₽151795
₽148783
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health insurance
-
-
-
11 780
income
-
-
-
36 228
work injury
-
-
-
796
unemployment
-
-
-
1 910
pensions
-
-
-
29 290
total
-
-
-
80 004
Employee

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

21 512
-
216 000
-
work injury
108
-
398
-
income
2 151
-
36 228
-
health insurance
1 592
-
5 890
-
pensions
3 958
-
14 645
-
unemployment
258
-
955
-
total
8 067
-
58 116
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
194 488
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%.

19 449
21 600
-
-
total
19 449
21 600
-
-
Dividends
175 039
194 400
-
-
withholding
26 256
29 160
-
-
total
26 256
29 160
-
-
Income
216 000
216 000
216 000
216 000
Total tax
53 772
50 760
58 116
80 004
After tax
162 228
165 240
157 884
135 996
Living cost
13 445
13 445
13 445
13 445
Free-cash
148 783
151 795
144 439
122 551

Estimated living cost  is ₽13445 per week

₽8330
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽977
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽419
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3719
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53081
₽61260
₽74111
₽69582
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
49 832
national
-
-
-
58 547
regional
-
-
-
5 201
municipal
-
-
-
1 496
total
-
-
-
115 076
Employee
83 899
-
216 000
-
social contributions
28 290
-
65 330
-
municipal
501
-
1 357
-
regional
1 267
-
4 685
-
national
14 178
-
51 883
-
total
44 236
-
123 255
-
Employer
83 899
-
216 000
-
total
-
-
-
-
Corporate
132 101
216 000
-
-
nationa
31 704
51 840
-
-
municipal
6 367
10 411
-
-
total
38 071
62 251
-
-
Dividends
94 029
153 749
-
-
withholding
24 447
39 974
-
-
total
24 447
39 974
-
-
Income
216 000
216 000
216 000
216 000
Total tax
106 754
102 225
123 255
115 076
After tax
109 246
113 775
92 745
100 924
Living cost
39 664
39 664
39 664
39 664
Free-cash
69 582
74 111
53 081
61 260

Estimated living cost  is ₽39664 per week

₽27861
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2728
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽599
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8474
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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

Close
[[ place.name ]], [[ place.country ]]

[[ row[2] ]] [[ row[0] ]]

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

[[ $tc('message.data_source', {city: place.name}) ]] [[ place.name ]]

Close

[[ row[2] ]] [[ row[0] ]]

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

[[ $tc('message.data_source', {city: place.name}) ]] [[ place.name ]]

Close