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
₽77737
₽80731
₽91001
₽104957
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 344
trade
-
-
-
27 220
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.

-
-
-
3 991
income

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

-
-
-
72 582
total
-
-
-
110 137
Employee

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

35 517
-
216 000
-
health

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

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

6 344
-
6 344
-
surtax

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

55
-
3 991
-
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.

992
-
72 582
-
total
7 391
-
82 917
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
180 483
216 000
-
-
trade
28 425
34 020
-
-
chamber of commerce
400
451
-
-
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.

1 489
1 782
-
-
income
27 072
32 399
-
-
total
57 386
68 652
-
-
Dividends
123 097
147 348
-
-
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.

1 674
2 007
-
-
withholding
30 422
36 484
-
-
total
32 096
38 491
-
-
Income
216 000
216 000
216 000
216 000
Total tax
96 873
107 143
82 917
110 137
After tax
119 127
108 857
133 083
105 863
Living cost
28 126
28 126
28 126
28 126
Free-cash
91 001
80 731
104 957
77 737

Estimated living cost  is ₽28126 per week

₽17692
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3279
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6629
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74407
₽86161
₽85352
₽75568
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
23 996
social contributions
-
-
-
2 322
national
-
-
-
40 732
pensions
-
-
-
25 920
total
-
-
-
92 970
Employee
75 375
-
186 730
-
pensions
3 015
-
7 469
-
national
14 427
-
42 563
-
municipal
9 310
-
24 832
-
total
26 752
-
74 864
-
Employer
75 375
-
186 730
-
pensions
6 030
-
14 938
-
social contributions
810
-
2 007
-
total
6 840
-
16 945
-
Corporate
128 811
216 000
-
-
income

Corporate income tax will depend on a type of legal entity. For LLC and Limited Partnership it is set at 20%. All other entities pay 37.6%.

25 762
43 200
-
-
total
25 762
43 200
-
-
Dividends
103 048
172 800
-
-
withholding
22 671
38 016
-
-
total
22 671
38 016
-
-
Income
216 000
216 000
216 000
216 000
Total tax
82 025
81 216
91 809
92 970
After tax
133 975
134 784
124 191
123 030
Living cost
48 623
48 623
48 623
48 623
Free-cash
85 352
86 161
75 568
74 407

Estimated living cost  is ₽48623 per week

₽33048
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4520
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽728
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10327
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59725
₽153482
₽145864
₽74964
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
35 578
income
-
-
-
46 299
microenterprise
-
-
-
-
surtax
-
-
-
55 080
total
-
-
-
136 957
Employee
27 134
-
170 577
-
surtax
-
-
24 734
-
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.

2 985
-
12 173
-
income
4 830
-
39 386
-
total
7 815
-
76 293
-
Employer
27 134
-
170 577
-
surtax
-
-
18 764
-
social contributions

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

6 536
-
26 660
-
total
6 536
-
45 424
-
Corporate
182 330
216 000
-
-
income

Corporate income tax rate is 20% applicable to the taxable base. However, before applying the statutory rate, the taxable base should be divided by a coefficient of 0.8. As taxable base is increased by the coefficient, the effective corporate income tax rate is 25%.

36 466
43 199
-
-
total
36 466
43 199
-
-
Dividends

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

145 864
172 801
-
-
total
-
-
-
-
Income
216 000
216 000
216 000
216 000
Total tax
50 817
43 199
121 717
136 957
After tax
165 183
172 801
94 283
79 043
Living cost
19 318
19 318
19 318
19 318
Free-cash
145 864
153 482
74 964
59 725

Estimated living cost  is ₽19318 per week

₽12325
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1840
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽439
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4716
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76700
₽68821
₽63132
₽99230
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
11 451
pensions
-
-
-
10 880
income
-
-
-
78 069
total
-
-
-
100 400
Employee
79 297
79 297
198 743
-
health
12 171
10 353
11 451
-
pensions
14 274
10 880
10 880
-
income

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

12 980
12 980
38 282
-
total
39 425
34 213
60 613
-
Employer
79 297
79 297
198 743
-
health
5 512
5 512
6 850
-
pensions
5 519
5 519
6 860
-
unemployment
2 855
2 855
3 547
-
total
13 886
13 886
17 257
-
Corporate
123 790
122 817
-
-
income
24 758
24 563
-
-
total
24 758
24 563
-
-
Dividends
99 031
98 254
-
-
income
21 044
20 878
-
-
withholding
14 855
14 739
-
-
total
35 899
35 617
-
-
Income
216 000
216 000
216 000
216 000
Total tax
113 968
108 279
77 870
100 400
After tax
102 032
107 721
138 130
115 600
Living cost
38 900
38 900
38 900
38 900
Free-cash
63 132
68 821
99 230
76 700

Estimated living cost  is ₽38900 per week

₽27567
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3507
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽619
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7207
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69623
₽79501
₽78638
₽68689
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
5 256
accident
-
-
-
168
other
-
-
-
9 788
municipal
-
-
-
57 134
pensions
-
-
-
9 106
national
-
-
-
26 406
unemployment
-
-
-
84
total
-
-
-
107 942
Employee
54 766
-
189 533
-
national
-
-
25 890
-
municipal
16 331
-
56 519
-
total
16 331
-
82 409
-
Employer
54 766
-
189 533
-
health
3 368
-
5 181
-
accident
110
-
168
-
pensions
5 920
-
9 106
-
other
6 364
-
9 788
-
unemployment
1 446
-
2 224
-
total
17 208
-
26 467
-
Corporate
144 026
216 000
-
-
income
31 686
47 520
-
-
total
31 686
47 520
-
-
Dividends
112 340
168 480
-
-
withholding
33 702
50 544
-
-
total
33 702
50 544
-
-
Income
216 000
216 000
216 000
216 000
Total tax
98 927
98 064
108 876
107 942
After tax
117 073
117 936
107 124
108 058
Living cost
38 435
38 435
38 435
38 435
Free-cash
78 638
79 501
68 689
69 623

Estimated living cost  is ₽38435 per week

₽25473
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3772
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.
₽8607
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68173
₽71267
₽84312
₽96604
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 344
trade
-
-
-
28 431
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.

-
-
-
3 991
income

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

-
-
-
72 582
total
-
-
-
111 348
Employee

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

47 090
-
216 000
-
health

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

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

6 344
-
6 344
-
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.

222
-
3 991
-
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.

4 046
-
72 582
-
total
10 612
-
82 917
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
168 910
216 000
-
-
trade
27 786
35 532
-
-
chamber of commerce
381
448
-
-
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.

1 394
1 782
-
-
income
25 336
32 399
-
-
total
54 897
70 161
-
-
Dividends
114 013
145 839
-
-
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.

1 549
1 986
-
-
withholding
28 151
36 107
-
-
total
29 700
38 093
-
-
Income
216 000
216 000
216 000
216 000
Total tax
95 209
108 254
82 917
111 348
After tax
120 791
107 746
133 083
104 652
Living cost
36 479
36 479
36 479
36 479
Free-cash
84 312
71 267
96 604
68 173

Estimated living cost  is ₽36479 per week

₽24397
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3847
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7690
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

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
₽114890
₽127283
₽123432
₽113134
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
5 509
social contributions
-
-
-
15 024
income
-
-
-
50 458
total
-
-
-
70 991
Employee
71 404
71 404
204 229
-
health
710
1 214
3 471
-
social contributions
3 470
5 926
7 993
-
income
7 498
6 610
49 512
-
total
11 678
13 750
60 976
-
Employer
71 404
71 404
204 229
-
health
774
1 322
3 778
-
social contributions
3 470
5 926
7 993
-
total
4 244
7 248
11 771
-
Corporate
169 960
137 349
-
-
income
21 245
17 169
-
-
total
21 245
17 169
-
-
Dividends
148 716
120 180
-
-
withholding
25 282
20 431
-
-
total
25 282
20 431
-
-
Income
216 000
216 000
216 000
216 000
Total tax
62 449
58 598
72 747
70 991
After tax
153 551
157 402
143 253
145 009
Living cost
30 119
30 119
30 119
30 119
Free-cash
123 432
127 283
113 134
114 890

Estimated living cost  is ₽30119 per week

₽20589
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2352
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.
₽6672
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽132779
₽104372
₽104725
₽108362
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
15 120
pensions
-
-
-
21 600
unemployment
-
-
-
3 240
income
-
-
-
26 406
total
-
-
-
66 366
Employee

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

The minimum wage is 138,000 HUF per month.

24 330
9 683
180 753
-
health
1 703
678
12 653
-
pensions
2 433
968
18 075
-
unemployment
365
145
2 711
-
income
2 974
1 184
22 097
-
total
7 475
2 975
55 536
-
Employer

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

The minimum wage is 138,000 HUF per month.

24 330
9 683
180 753
-
pensions
4 744
1 888
35 247
-
total
4 744
1 888
35 247
-
Corporate
186 926
204 429
-
-
income
16 823
18 399
-
-
total
16 823
18 399
-
-
Dividends
170 102
186 030
-
-
social contributions
33 059
36 165
-
-
withholding
32 319
35 346
-
-
total
65 378
71 511
-
-
Income
216 000
216 000
216 000
216 000
Total tax
94 420
94 773
90 783
66 366
After tax
121 580
121 227
125 217
149 634
Living cost
16 855
16 855
16 855
16 855
Free-cash
104 725
104 372
108 362
132 779

Estimated living cost  is ₽16855 per week

₽11502
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.
₽337
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3637
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93348
₽150372
₽144602
₽102071
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
28 080
pensions
-
-
-
43 199
income
-
-
-
28 944
total
-
-
-
100 223
Employee
26 342
-
161 433
-
pensions
527
-
3 228
-
unemployment
421
-
2 583
-
income
2 966
-
31 125
-
total
3 914
-
36 936
-
Employer
26 342
-
161 433
-
health
3 424
-
20 986
-
pensions
5 269
-
32 286
-
unemployment
211
-
1 292
-
total
8 904
-
54 564
-
Corporate
180 753
216 000
-
-
income
36 151
43 199
-
-
total
36 151
43 199
-
-
Dividends
144 603
172 801
-
-
total
-
-
-
-
Income
216 000
216 000
216 000
216 000
Total tax
48 969
43 199
91 500
100 223
After tax
167 031
172 801
124 500
115 777
Living cost
22 429
22 429
22 429
22 429
Free-cash
144 602
150 372
102 071
93 348

Estimated living cost  is ₽22429 per week

₽15384
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1336
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5258
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Tallinn model

Close
Gdansk , Poland
₽127004
-₽2970
₽14357
₽98693
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
2 029
accident
-
-
-
235
other
-
-
-
345
pensions
-
-
-
3 871
income
-
-
-
62 050
total
-
-
-
68 530
Employee
32 195
-
197 609
-
health
3 686
-
22 626
-
pensions
3 625
-
7 097
-
income
4 417
-
48 727
-
total
11 728
-
78 450
-
Employer
32 195
-
197 609
-
accident
537
-
3 300
-
pensions
5 235
-
10 249
-
unemployment
789
-
4 842
-
total
6 561
-
18 391
-
Corporate
177 244
216 000
-
-
income

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

159 520
194 400
-
-
total
159 520
194 400
-
-
Dividends
17 724
21 600
-
-
withholding
3 368
4 104
-
-
total
3 368
4 104
-
-
Income
216 000
216 000
216 000
216 000
Total tax
181 177
198 504
96 841
68 530
After tax
34 823
17 496
119 159
147 470
Living cost
20 466
20 466
20 466
20 466
Free-cash
14 357
-2 970
98 693
127 004

Estimated living cost  is ₽20466 per week

₽15000
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1134
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽3906
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽206182
₽197542
₽196107
₽165142
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We expect you will register a microenterprise to benefit from 1% tax rate. Otherwise you will be taxed at a personal income rate of 20%.

-
-
-
216 000
microenterprise

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

-
-
-
2 160
total
-
-
-
2 160
Employee
9 572
-
216 000
-
income
1 914
-
43 200
-
total
1 914
-
43 200
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

206 428
216 000
-
-
total
-
-
-
-
Dividends
206 428
216 000
-
-
withholding
10 321
10 800
-
-
total
10 321
10 800
-
-
Income
216 000
216 000
216 000
216 000
Total tax
12 235
10 800
43 200
2 160
After tax
203 765
205 200
172 800
213 840
Living cost
7 658
7 658
7 658
7 658
Free-cash
196 107
197 542
165 142
206 182

Estimated living cost  is ₽7658 per week

₽4746
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽637
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽210
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2065
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽106079
₽133953
₽127681
₽104312
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
6 213
other
-
-
-
6 707
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.

-
-
-
33 890
income
-
-
-
38 368
total
-
-
-
85 178
Employee
33 716
-
180 105
-
health
472
-
1 977
-
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.

2 360
-
9 884
-
unemployment
337
-
1 411
-
income
5 805
-
37 779
-
total
8 974
-
51 051
-
Employer
33 716
-
180 105
-
health
472
-
1 977
-
accident
270
-
1 441
-
pensions

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

5 732
-
24 006
-
other
1 686
-
7 059
-
unemployment
337
-
1 411
-
total
8 497
-
35 894
-
Corporate
173 787
216 000
-
-
income
36 494
45 360
-
-
total
36 494
45 360
-
-
Dividends
137 293
170 640
-
-
withholding
9 611
11 944
-
-
total
9 611
11 944
-
-
Income
216 000
216 000
216 000
216 000
Total tax
63 576
57 304
86 945
85 178
After tax
152 424
158 696
129 055
130 822
Living cost
24 743
24 743
24 743
24 743
Free-cash
127 681
133 953
104 312
106 079

Estimated living cost  is ₽24743 per week

₽17482
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1671
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽398
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5191
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77459
₽73871
₽81308
₽58204
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
9 376
income
-
-
-
67 394
total
-
-
-
76 770
Employee
87 396
-
188 194
-
health
1 440
-
2 521
-
pensions
8 431
-
11 143
-
income
15 754
-
54 557
-
total
25 625
-
68 221
-
Employer
87 396
-
188 194
-
health
1 660
-
3 576
-
pensions
10 319
-
24 228
-
total
11 979
-
27 804
-
Corporate
116 625
216 000
-
-
income

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

22 159
41 040
-
-
total
22 159
41 040
-
-
Dividends
94 465
174 960
-
-
withholding
13 158
39 318
-
-
total
13 158
39 318
-
-
Income
216 000
216 000
216 000
216 000
Total tax
72 921
80 358
96 025
76 770
After tax
143 079
135 642
119 975
139 230
Living cost
61 771
61 771
61 771
61 771
Free-cash
81 308
73 871
58 204
77 459

Estimated living cost  is ₽61771 per week

₽46286
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7258
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽502
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7726
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽162811
₽172532
₽168229
₽171851
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 722
pensions

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

-
-
-
4 790
unemployment
-
-
-
129
income
-
-
-
32 400
total
-
-
-
41 041
Employee
16 086
-
209 650
-
health
740
-
1 489
-
accident

We are using the highest rate at 1.1%.

177
-
356
-
pensions

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

1 412
-
2 842
-
income
1 608
-
20 965
-
total
3 937
-
25 652
-
Employer
16 086
-
209 650
-
health
1 110
-
2 233
-
accident

We are using the highest rate at 1.1%.

177
-
356
-
pensions

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

1 773
-
3 566
-
unemployment
96
-
194
-
total
3 156
-
6 349
-
Corporate
196 758
216 000
-
-
income
19 676
21 600
-
-
total
19 676
21 600
-
-
Dividends
177 082
194 400
-
-
withholding
8 854
9 720
-
-
total
8 854
9 720
-
-
Income
216 000
216 000
216 000
216 000
Total tax
35 623
31 320
32 001
41 041
After tax
180 377
184 680
183 999
174 959
Living cost
12 148
12 148
12 148
12 148
Free-cash
168 229
172 532
171 851
162 811

Estimated living cost  is ₽12148 per week

₽7092
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽868
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽322
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3867
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64109
₽56230
₽58566
₽86639
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
11 451
pensions
-
-
-
10 880
income
-
-
-
78 069
total
-
-
-
100 400
Employee
86 091
79 297
198 743
-
health
10 740
10 353
11 451
-
pensions
10 880
10 880
10 880
-
income

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

12 980
12 980
38 282
-
total
34 600
34 213
60 613
-
Employer
86 091
79 297
198 743
-
health
5 983
5 512
6 850
-
pensions
5 991
5 519
6 860
-
unemployment
3 100
2 855
3 547
-
total
15 074
13 886
17 257
-
Corporate
114 835
122 817
-
-
income
22 966
24 563
-
-
total
22 966
24 563
-
-
Dividends
91 869
98 254
-
-
income
19 523
20 878
-
-
withholding
13 780
14 739
-
-
total
33 303
35 617
-
-
Income
216 000
216 000
216 000
216 000
Total tax
105 943
108 279
77 870
100 400
After tax
110 057
107 721
138 130
115 600
Living cost
51 491
51 491
51 491
51 491
Free-cash
58 566
56 230
86 639
64 109

Estimated living cost  is ₽51491 per week

₽37983
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4599
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8319
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽105143
₽125878
₽117731
₽95620
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
29 160
social contributions
-
-
-
32 863
solidarity contribution
-
-
-
2 900
income
-
-
-
23 096
total
-
-
-
88 019
Employee
33 586
-
172 352
-
health
4 534
-
23 268
-
solidarity contribution
-
-
2 046
-
social contributions
2 183
-
7 315
-
income
4 030
-
21 265
-
total
10 747
-
53 894
-
Employer
33 586
-
172 352
-
health
3 023
-
15 512
-
social contributions
8 396
-
28 136
-
total
11 419
-
43 648
-
Corporate
170 995
216 000
-
-
income
32 489
41 040
-
-
total
32 489
41 040
-
-
Dividends
138 506
174 960
-
-
withholding
20 776
26 244
-
-
total
20 776
26 244
-
-
Income
216 000
216 000
216 000
216 000
Total tax
75 431
67 284
97 542
88 019
After tax
140 569
148 716
118 458
127 981
Living cost
22 838
22 838
22 838
22 838
Free-cash
117 731
125 878
95 620
105 143

Estimated living cost  is ₽22838 per week

₽15864
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1625
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4901
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65360
₽76064
₽71213
₽57488
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
2 765
municipal
-
-
-
1 357
social contributions
-
-
-
46 475
national
-
-
-
60 860
total
-
-
-
111 457
Employee
82 527
-
216 000
-
regional
779
-
2 513
-
national
14 300
-
54 645
-
social contributions
27 828
-
60 930
-
municipal
437
-
1 241
-
total
43 344
-
119 329
-
Employer
82 527
-
216 000
-
total
-
-
-
-
Corporate
133 473
216 000
-
-
nationa
32 034
51 839
-
-
municipal
5 205
8 423
-
-
total
37 239
60 262
-
-
Dividends
96 233
155 738
-
-
withholding
25 021
40 491
-
-
total
25 021
40 491
-
-
Income
216 000
216 000
216 000
216 000
Total tax
105 604
100 753
119 329
111 457
After tax
110 396
115 247
96 671
104 543
Living cost
39 183
39 183
39 183
39 183
Free-cash
71 213
76 064
57 488
65 360

Estimated living cost  is ₽39183 per week

₽27314
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2569
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽601
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8698
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81030
₽115373
₽112482
₽75354
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
8 798
other
-
-
-
-
pensions
-
-
-
24 787
unemployment
-
-
-
211
income
-
-
-
68 952
surtax
-
-
-
11 731
total
-
-
-
114 479
Employee
30 708
-
189 913
-
health
784
-
3 160
-
pensions
2 048
-
8 266
-
unemployment
2 138
-
8 626
-
surtax
100
-
10 619
-
income
5 147
-
63 397
-
other
-
-
-
-
total
10 217
-
94 068
-
Employer
30 708
-
189 913
-
health
1 397
-
5 639
-
pensions
4 094
-
16 520
-
other
-
-
-
-
unemployment
973
-
3 928
-
total
6 464
-
26 087
-
Corporate
178 829
216 000
-
-
income
46 495
56 160
-
-
total
46 495
56 160
-
-
Dividends
132 334
159 840
-
-
withholding
19 851
23 976
-
-
total
19 851
23 976
-
-
Income
216 000
216 000
216 000
216 000
Total tax
83 027
80 136
120 155
114 479
After tax
132 973
135 864
95 845
101 521
Living cost
20 491
20 491
20 491
20 491
Free-cash
112 482
115 373
75 354
81 030

Estimated living cost  is ₽20491 per week

₽12529
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1891
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5598
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97030
₽93442
₽99544
₽77775
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
9 376
income
-
-
-
67 394
total
-
-
-
76 770
Employee
58 571
-
188 194
-
health
850
-
2 521
-
pensions
4 971
-
11 143
-
income
10 549
-
54 557
-
total
16 370
-
68 221
-
Employer
58 571
-
188 194
-
health
1 113
-
3 576
-
pensions
6 340
-
24 228
-
total
7 453
-
27 804
-
Corporate
149 976
216 000
-
-
income

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

28 496
41 040
-
-
total
28 496
41 040
-
-
Dividends
121 481
174 960
-
-
withholding
21 937
39 318
-
-
total
21 937
39 318
-
-
Income
216 000
216 000
216 000
216 000
Total tax
74 256
80 358
96 025
76 770
After tax
141 744
135 642
119 975
139 230
Living cost
42 200
42 200
42 200
42 200
Free-cash
99 544
93 442
77 775
97 030

Estimated living cost  is ₽42200 per week

₽31616
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3163
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽441
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6979
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽96442
₽23602
₽55767
₽88380
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
487
city
-
-
-
2 276
other

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

-
-
-
4 321
regional
-
-
-
11 999
pensions
-
-
-
19 872
national
-
-
-
5 434
total
-
-
-
44 389
Employee
87 967
-
194 302
-
health
199
-
436
-
regional
2 880
-
10 665
-
pensions
7 390
-
15 236
-
unemployment
-
-
-
-
national
416
-
4 455
-
city
944
-
2 101
-
total
11 829
-
32 893
-
Employer
87 967
-
194 302
-
health
199
-
436
-
pensions
7 390
-
15 236
-
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.

1 759
-
3 886
-
unemployment
-
-
-
-
total
9 348
-
19 558
-
Corporate
117 718
216 000
-
-
national
10 006
18 360
-
-
regional
24 897
45 684
-
-
total
34 903
64 044
-
-
Dividends
82 814
151 956
-
-
withholding
28 984
53 185
-
-
total
28 984
53 185
-
-
Income
216 000
216 000
216 000
216 000
Total tax
85 064
117 229
52 451
44 389
After tax
130 936
98 771
163 549
171 611
Living cost
75 169
75 169
75 169
75 169
Free-cash
55 767
23 602
88 380
96 442

Estimated living cost  is ₽75169 per week

₽48881
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6746
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽923
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18619
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽60904
₽64095
₽79153
₽90544
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 344
trade
-
-
-
29 640
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.

-
-
-
3 991
income

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

-
-
-
72 582
total
-
-
-
112 557
Employee

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

55 806
-
216 000
-
health

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

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

6 344
-
6 344
-
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.

361
-
3 991
-
income

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

6 562
-
72 582
-
total
13 267
-
82 917
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
160 194
216 000
-
-
trade
27 474
37 044
-
-
chamber of commerce
367
446
-
-
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.

1 322
1 782
-
-
income
24 029
32 399
-
-
total
53 192
71 671
-
-
Dividends
107 003
144 329
-
-
surtax

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

1 452
1 965
-
-
withholding
26 397
35 730
-
-
total
27 849
37 695
-
-
Income
216 000
216 000
216 000
216 000
Total tax
94 308
109 366
82 917
112 557
After tax
121 692
106 634
133 083
103 443
Living cost
42 539
42 539
42 539
42 539
Free-cash
79 153
64 095
90 544
60 904

Estimated living cost  is ₽42539 per week

₽31069
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3403
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7516
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85814
₽77094
₽82578
₽79035
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
10 770
other
-
-
-
6 696
pensions
-
-
-
33 517
social contributions
-
-
-
6 153
income
-
-
-
41 280
surtax
-
-
-
-
total
-
-
-
98 416
Employee
39 742
-
164 448
-
pensions
4 494
-
12 564
-
surtax
-
-
-
-
social contributions
1 133
-
4 686
-
income
2 345
-
36 393
-
total
7 972
-
53 643
-
Employer
39 742
-
164 448
-
health
2 782
-
16 553
-
pensions
6 529
-
20 949
-
other
1 371
-
6 896
-
social contributions
120
-
493
-
unemployment
1 609
-
6 661
-
total
12 411
-
51 552
-
Corporate
163 847
216 000
-
-
surtax
-
-
-
-
income
45 878
60 479
-
-
total
45 878
60 479
-
-
Dividends
117 969
155 521
-
-
social contributions
20 291
26 750
-
-
surtax
-
-
-
-
withholding
15 100
19 907
-
-
total
35 391
46 657
-
-
Income
216 000
216 000
216 000
216 000
Total tax
101 652
107 136
105 195
98 416
After tax
114 348
108 864
110 805
117 584
Living cost
31 770
31 770
31 770
31 770
Free-cash
82 578
77 094
79 035
85 814

Estimated living cost  is ₽31770 per week

₽20032
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2583
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽541
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8615
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88962
₽80242
₽85401
₽82183
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
10 770
other
-
-
-
6 696
pensions
-
-
-
33 517
social contributions
-
-
-
6 153
income
-
-
-
41 280
surtax
-
-
-
-
total
-
-
-
98 416
Employee
35 475
-
164 448
-
pensions
4 012
-
12 564
-
surtax
-
-
-
-
social contributions
1 011
-
4 686
-
income
1 829
-
36 393
-
total
6 852
-
53 643
-
Employer
35 475
-
164 448
-
health
2 483
-
16 553
-
pensions
5 829
-
20 949
-
other
1 225
-
6 896
-
social contributions
106
-
493
-
unemployment
1 436
-
6 661
-
total
11 079
-
51 552
-
Corporate
169 446
216 000
-
-
surtax
-
-
-
-
income
47 444
60 479
-
-
total
47 444
60 479
-
-
Dividends
122 001
155 521
-
-
social contributions
20 986
26 750
-
-
surtax
-
-
-
-
withholding
15 616
19 907
-
-
total
36 602
46 657
-
-
Income
216 000
216 000
216 000
216 000
Total tax
101 977
107 136
105 195
98 416
After tax
114 023
108 864
110 805
117 584
Living cost
28 622
28 622
28 622
28 622
Free-cash
85 401
80 242
82 183
88 962

Estimated living cost  is ₽28622 per week

₽16600
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2908
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.
₽8573
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽119025
₽112089
₽112575
₽113030
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
15 077
social contributions
-
-
-
29 809
income
-
-
-
32 399
total
-
-
-
77 285
Employee
31 485
-
216 000
-
health
2 197
-
15 077
-
social contributions
4 345
-
29 809
-
income
5 251
-
38 394
-
total
11 793
-
83 280
-
Employer
31 485
-
216 000
-
total
-
-
-
-
Corporate
184 515
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%.

9 225
10 800
-
-
total
9 225
10 800
-
-
Dividends
175 291
205 200
-
-
social contributions
24 189
28 318
-
-
health
12 235
14 323
-
-
withholding
26 293
30 780
-
-
total
62 717
73 421
-
-
Income
216 000
216 000
216 000
216 000
Total tax
83 735
84 221
83 280
77 285
After tax
132 265
131 779
132 720
138 715
Living cost
19 690
19 690
19 690
19 690
Free-cash
112 575
112 089
113 030
119 025

Estimated living cost  is ₽19690 per week

₽13177
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1214
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4844
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77821
₽86292
₽84857
₽23811
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
8 298
pensions
-
-
-
20 069
unemployment
-
-
-
5 695
income
-
-
-
70 351
chamber of commerce
-
-
-
863
surtax
-
-
-
183
total
-
-
-
105 459
Employee
46 406
37 005
179 417
-
health
1 796
1 433
4 197
-
pensions
4 753
3 789
11 109
-
unemployment
1 392
1 110
3 255
-
income
5 283
2 730
59 269
-
other
463
370
1 085
-
total
13 687
9 432
78 915
-
Employer
46 406
37 005
179 417
-
payroll
1 392
1 110
5 382
-
health
1 753
1 399
4 101
-
surtax
183
183
183
-
accident
603
481
1 410
-
pensions
5 824
4 645
13 614
-
chamber of commerce
185
148
717
-
other
2 204
1 757
7 919
-
unemployment
1 392
1 110
3 255
-
total
13 536
10 833
36 581
-
Corporate
156 057
168 161
175 895
-
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.

39 014
42 040
43 973
-
total
39 014
42 040
43 973
-
Dividends
117 042
126 121
-
-
withholding
32 186
34 683
-
-
total
32 186
34 683
-
-
Income
216 000
216 000
216 000
216 000
Total tax
98 423
96 988
159 469
105 459
After tax
117 577
119 012
56 531
110 541
Living cost
32 720
32 720
32 720
32 720
Free-cash
84 857
86 292
23 811
77 821

Estimated living cost  is ₽32720 per week

₽21823
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2791
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽537
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7568
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60128
₽84279
₽72909
₽39263
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 151
national
-
-
-
87 294
communal

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

-
-
-
11 570
total
-
-
-
122 015
Employee

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

66 422
-
167 299
-
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.

3 121
-
7 863
-
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.

4 982
-
12 547
-
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.

578
-
1 456
-
national
20 421
-
63 588
-
communal

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

3 464
-
8 726
-
total
32 566
-
94 180
-
Employer

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

66 422
-
167 299
-
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.

4 085
-
10 289
-
surtax
7 531
-
18 971
-
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.

863
-
2 175
-
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.

5 886
-
14 823
-
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.

969
-
2 442
-
total
19 334
-
48 700
-
Corporate
130 243
216 000
-
-
surtax
522
936
-
-
income
26 048
46 780
-
-
total
26 570
47 716
-
-
Dividends
103 673
168 284
-
-
withholding

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

30 764
50 148
-
-
total
30 764
50 148
-
-
Income
216 000
216 000
216 000
216 000
Total tax
109 234
97 864
142 880
122 015
After tax
106 766
118 136
73 120
93 985
Living cost
33 857
33 857
33 857
33 857
Free-cash
72 909
84 279
39 263
60 128

Estimated living cost  is ₽33857 per week

₽21809
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2960
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8559
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87096
₽109811
₽103448
₽83201
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
775
other
-
-
-
86
pensions
-
-
-
24 357
unemployment
-
-
-
603
income
-
-
-
69 548
total
-
-
-
95 369
Employee
46 223
-
188 561
-
pensions
2 173
-
4 046
-
unemployment
717
-
1 334
-
other
46
-
86
-
income
9 753
-
66 360
-
total
12 689
-
71 826
-
Employer
46 223
-
188 561
-
accident
915
-
1 704
-
pensions
10 908
-
20 312
-
other
368
-
689
-
unemployment
2 543
-
4 733
-
total
14 734
-
27 438
-
Corporate
155 044
216 000
-
-
income

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

23 257
32 399
-
-
total
23 257
32 399
-
-
Dividends
131 787
183 601
-
-
withholding
28 337
40 255
-
-
total
28 337
40 255
-
-
Income
216 000
216 000
216 000
216 000
Total tax
79 017
72 654
99 264
95 369
After tax
136 983
143 346
116 736
120 631
Living cost
33 535
33 535
33 535
33 535
Free-cash
103 448
109 811
83 201
87 096

Estimated living cost  is ₽33535 per week

₽24695
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2379
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5977
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50458
₽71239
₽58469
₽59069
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
15 176
accident
-
-
-
1 820
pensions
-
-
-
32 376
communal
-
-
-
13 651
income
-
-
-
41 347
surtax
-
-
-
10 709
total
-
-
-
115 079
Employee
70 321
-
192 944
-
health
3 130
-
8 587
-
pensions
5 625
-
15 435
-
surtax
4 310
-
11 824
-
income
6 792
-
47 565
-
total
19 857
-
83 411
-
Employer
70 321
-
192 944
-
health
2 145
-
5 886
-
accident
633
-
1 736
-
pensions
5 625
-
15 435
-
total
8 403
-
23 057
-
Corporate
137 277
216 000
-
-
communal
9 265
14 580
-
-
surtax
1 441
2 268
-
-
income
20 591
32 399
-
-
total
31 297
49 247
-
-
Dividends
105 979
166 753
-
-
income
31 615
20 039
-
-
withholding
15 896
25 012
-
-
total
47 511
45 051
-
-
Income
216 000
216 000
216 000
216 000
Total tax
107 068
94 298
106 468
115 079
After tax
108 932
121 702
109 532
100 921
Living cost
50 463
50 463
50 463
50 463
Free-cash
58 469
71 239
59 069
50 458

Estimated living cost  is ₽50463 per week

₽37855
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3057
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽534
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9015
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80664
₽115007
₽112056
₽74988
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
8 798
other
-
-
-
-
pensions
-
-
-
24 787
unemployment
-
-
-
211
income
-
-
-
68 952
surtax
-
-
-
11 731
total
-
-
-
114 479
Employee
31 271
-
189 913
-
health
798
-
3 160
-
pensions
2 086
-
8 266
-
unemployment
2 176
-
8 626
-
surtax
111
-
10 619
-
income
5 242
-
63 397
-
other
-
-
-
-
total
10 413
-
94 068
-
Employer
31 271
-
189 913
-
health
1 422
-
5 639
-
pensions
4 169
-
16 520
-
other
-
-
-
-
unemployment
992
-
3 928
-
total
6 583
-
26 087
-
Corporate
178 145
216 000
-
-
income
46 318
56 160
-
-
total
46 318
56 160
-
-
Dividends
131 827
159 840
-
-
withholding
19 773
23 976
-
-
total
19 773
23 976
-
-
Income
216 000
216 000
216 000
216 000
Total tax
83 087
80 136
120 155
114 479
After tax
132 913
135 864
95 845
101 521
Living cost
20 857
20 857
20 857
20 857
Free-cash
112 056
115 007
74 988
80 664

Estimated living cost  is ₽20857 per week

₽12592
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1813
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5968
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78853
₽88522
₽86458
₽71022
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
3 441
municipal
-
-
-
1 357
social contributions
-
-
-
46 475
national
-
-
-
60 860
total
-
-
-
112 133
Employee
51 510
-
216 000
-
regional
693
-
3 148
-
national
8 161
-
54 645
-
social contributions
17 370
-
60 930
-
municipal
273
-
1 241
-
total
26 497
-
119 964
-
Employer
51 510
-
216 000
-
total
-
-
-
-
Corporate
164 490
216 000
-
-
nationa
39 478
51 839
-
-
municipal
8 175
10 735
-
-
total
47 653
62 574
-
-
Dividends
116 838
153 426
-
-
withholding
30 378
39 890
-
-
total
30 378
39 890
-
-
Income
216 000
216 000
216 000
216 000
Total tax
104 528
102 464
119 964
112 133
After tax
111 472
113 536
96 036
103 867
Living cost
25 014
25 014
25 014
25 014
Free-cash
86 458
88 522
71 022
78 853

Estimated living cost  is ₽25014 per week

₽15556
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2534
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽428
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6495
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99838
₽120573
₽110533
₽90315
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
29 160
social contributions
-
-
-
32 863
solidarity contribution
-
-
-
2 900
income
-
-
-
23 096
total
-
-
-
88 019
Employee
41 386
-
172 352
-
health
5 587
-
23 268
-
solidarity contribution
-
-
2 046
-
social contributions
2 690
-
7 315
-
income
4 966
-
21 265
-
total
13 243
-
53 894
-
Employer
41 386
-
172 352
-
health
3 725
-
15 512
-
social contributions
10 347
-
28 136
-
total
14 072
-
43 648
-
Corporate
160 542
216 000
-
-
income
30 503
41 040
-
-
total
30 503
41 040
-
-
Dividends
130 039
174 960
-
-
withholding
19 506
26 244
-
-
total
19 506
26 244
-
-
Income
216 000
216 000
216 000
216 000
Total tax
77 324
67 284
97 542
88 019
After tax
138 676
148 716
118 458
127 981
Living cost
28 143
28 143
28 143
28 143
Free-cash
110 533
120 573
90 315
99 838

Estimated living cost  is ₽28143 per week

₽20929
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1559
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽487
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5168
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81099
₽89485
₽89027
₽26949
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
8 298
pensions
-
-
-
20 069
unemployment
-
-
-
5 695
income
-
-
-
70 351
chamber of commerce
-
-
-
863
surtax
-
-
-
-
total
-
-
-
105 276
Employee
40 591
37 005
179 588
-
health
1 570
1 433
4 197
-
pensions
4 157
3 789
11 109
-
unemployment
1 218
1 110
3 255
-
income
3 616
2 730
59 353
-
other
405
370
1 085
-
total
10 966
9 432
78 999
-
Employer
40 591
37 005
179 588
-
payroll
1 218
1 110
5 387
-
health
1 535
1 399
4 101
-
surtax
-
-
-
-
accident
527
481
1 410
-
pensions
5 094
4 645
13 614
-
chamber of commerce
162
148
719
-
other
1 928
1 757
7 926
-
unemployment
1 218
1 110
3 255
-
total
11 682
10 650
36 412
-
Corporate
163 728
168 344
176 064
-
income

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

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

40 932
42 086
44 015
-
total
40 932
42 086
44 015
-
Dividends
122 796
126 258
-
-
withholding
33 768
34 722
-
-
total
33 768
34 722
-
-
Income
216 000
216 000
216 000
216 000
Total tax
97 348
96 890
159 426
105 276
After tax
118 652
119 110
56 574
110 724
Living cost
29 625
29 625
29 625
29 625
Free-cash
89 027
89 485
26 949
81 099

Estimated living cost  is ₽29625 per week

₽17771
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3026
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.
₽8300
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽201907
₽193267
₽191030
₽160867
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We expect you will register a microenterprise to benefit from 1% tax rate. Otherwise you will be taxed at a personal income rate of 20%.

-
-
-
216 000
microenterprise

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

-
-
-
2 160
total
-
-
-
2 160
Employee
14 916
-
216 000
-
income
2 983
-
43 200
-
total
2 983
-
43 200
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

201 084
216 000
-
-
total
-
-
-
-
Dividends
201 084
216 000
-
-
withholding
10 054
10 800
-
-
total
10 054
10 800
-
-
Income
216 000
216 000
216 000
216 000
Total tax
13 037
10 800
43 200
2 160
After tax
202 963
205 200
172 800
213 840
Living cost
11 933
11 933
11 933
11 933
Free-cash
191 030
193 267
160 867
201 907

Estimated living cost  is ₽11933 per week

₽8075
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽501
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽400
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2956
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74624
₽123808
₽116041
₽69936
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
21 255
pensions
-
-
-
39 448
unemployment
-
-
-
324
income
-
-
-
55 442
total
-
-
-
116 469
Employee

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

41 062
-
186 898
-
health
2 652
-
12 074
-
pensions
6 365
-
28 970
-
unemployment
58
-
261
-
income
7 081
-
50 751
-
total
16 156
-
92 056
-
Employer

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

41 062
-
186 898
-
health
2 735
-
12 448
-
pensions
3 634
-
16 540
-
unemployment
25
-
113
-
total
6 394
-
29 101
-
Corporate
168 545
216 000
-
-
income
32 024
41 041
-
-
total
32 024
41 041
-
-
Dividends
136 521
174 959
-
-
withholding
20 478
26 244
-
-
total
20 478
26 244
-
-
Income
216 000
216 000
216 000
216 000
Total tax
75 052
67 285
121 157
116 469
After tax
140 948
148 715
94 843
99 531
Living cost
24 907
24 907
24 907
24 907
Free-cash
116 041
123 808
69 936
74 624

Estimated living cost  is ₽24907 per week

₽17093
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1597
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5736
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽107107
₽89248
₽42765
₽160978
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
60 460
-
-
-
social contributions
4 958
-
707
-
income
13 336
-
-
-
total
18 294
-
707
-
Employer
60 460
-
-
-
social contributions
85 249
-
12 149
-
total
85 249
-
12 149
-
Corporate
70 292
216 000
-
-
income
15 464
47 520
-
-
total
15 464
47 520
-
-
Dividends
54 827
168 480
-
-
income
12 062
37 066
-
-
total
12 062
37 066
-
-
Income
216 000
216 000
216 000
216 000
Total tax
131 069
84 586
12 856
66 727
After tax
84 931
131 414
203 144
149 273
Living cost
42 166
42 166
42 166
42 166
Free-cash
42 765
89 248
160 978
107 107

Estimated living cost  is ₽42166 per week

₽27359
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3966
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽537
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10304
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83187
₽93734
₽92798
₽66053
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 627
surtax
-
-
-
-
total
-
-
-
103 686
Employee
42 708
-
174 545
-
surtax
-
-
359
-
social contributions
4 698
-
19 201
-
income
8 883
-
59 805
-
total
13 581
-
79 365
-
Employer
42 708
-
174 545
-
social contributions
10 143
-
41 455
-
total
10 143
-
41 455
-
Corporate
163 149
216 000
-
-
surtax
-
-
-
-
income
34 262
45 360
-
-
total
34 262
45 360
-
-
Dividends
128 888
170 640
-
-
withholding
36 089
47 779
-
-
total
36 089
47 779
-
-
Income
216 000
216 000
216 000
216 000
Total tax
94 075
93 139
120 820
103 686
After tax
121 925
122 861
95 180
112 314
Living cost
29 127
29 127
29 127
29 127
Free-cash
92 798
93 734
66 053
83 187

Estimated living cost  is ₽29127 per week

₽21793
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1718
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.
₽5130
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72735
₽64015
₽70400
₽65956
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
10 770
other
-
-
-
6 696
pensions
-
-
-
33 517
social contributions
-
-
-
6 153
income
-
-
-
41 280
surtax
-
-
-
-
total
-
-
-
98 416
Employee
58 159
-
164 448
-
pensions
6 578
-
12 564
-
surtax
-
-
-
-
social contributions
1 656
-
4 686
-
income
5 075
-
36 393
-
total
13 309
-
53 643
-
Employer
58 159
-
164 448
-
health
4 071
-
16 553
-
pensions
9 556
-
20 949
-
other
2 007
-
6 896
-
social contributions
174
-
493
-
unemployment
2 356
-
6 661
-
total
18 164
-
51 552
-
Corporate
139 677
216 000
-
-
surtax
-
-
-
-
income
39 109
60 479
-
-
total
39 109
60 479
-
-
Dividends
100 567
155 521
-
-
social contributions
17 296
26 750
-
-
surtax
-
-
-
-
withholding
12 873
19 907
-
-
total
30 169
46 657
-
-
Income
216 000
216 000
216 000
216 000
Total tax
100 751
107 136
105 195
98 416
After tax
115 249
108 864
110 805
117 584
Living cost
44 849
44 849
44 849
44 849
Free-cash
70 400
64 015
65 956
72 735

Estimated living cost  is ₽44849 per week

₽30353
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3669
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽615
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10212
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽129358
₽166486
₽163368
₽135097
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
216 000
income
-
-
-
11 209
social contributions
-
-
-
47 520
total
-
-
-
58 729
Employee
29 853
-
187 012
-
social contributions
1 940
-
12 155
-
income
-
-
11 847
-
total
1 940
-
24 002
-
Employer
29 853
-
187 012
-
social contributions
4 627
-
28 988
-
total
4 627
-
28 988
-
Corporate
181 520
216 000
-
-
income
18 152
21 601
-
-
total
18 152
21 601
-
-
Dividends
163 368
194 399
-
-
total
-
-
-
-
Income
216 000
216 000
216 000
216 000
Total tax
24 719
21 601
52 990
58 729
After tax
191 281
194 399
163 010
157 271
Living cost
27 913
27 913
27 913
27 913
Free-cash
163 368
166 486
135 097
129 358

Estimated living cost  is ₽27913 per week

₽18048
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2104
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7235
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79850
₽14880
₽8472
₽14880
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
46 580
labour market
-
-
-
17 216
national
-
-
-
27 098
pensions
-
-
-
800
total
-
-
-
91 694
Employee
187 638
187 638
187 638
-
pensions
267
267
267
-
labour market
14 990
14 990
14 990
-
national
22 923
22 923
22 923
-
municipal
39 957
39 957
39 957
-
total
78 137
78 137
78 137
-
Employer
187 638
187 638
187 638
-
municipal
40 020
40 020
40 020
-
labour market
15 011
15 011
15 011
-
national
22 963
22 963
22 963
-
pensions
533
533
533
-
total
78 527
78 527
78 527
-
Corporate
14 880
-
-
-
income
3 274
-
-
-
total
3 274
-
-
-
Dividends
11 606
-
-
-
withholding
3 134
-
-
-
total
3 134
-
-
-
Income
216 000
216 000
216 000
216 000
Total tax
163 072
156 664
156 664
91 694
After tax
52 928
59 336
59 336
124 306
Living cost
44 456
44 456
44 456
44 456
Free-cash
8 472
14 880
14 880
79 850

Estimated living cost  is ₽44456 per week

₽30426
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3933
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽684
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9413
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽127306
-₽2668
₽14403
₽98995
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
2 029
accident
-
-
-
235
other
-
-
-
345
pensions
-
-
-
3 871
income
-
-
-
62 050
total
-
-
-
68 530
Employee
31 720
-
197 609
-
health
3 632
-
22 626
-
pensions
3 572
-
7 097
-
income
4 352
-
48 727
-
total
11 556
-
78 450
-
Employer
31 720
-
197 609
-
accident
530
-
3 300
-
pensions
5 158
-
10 249
-
unemployment
777
-
4 842
-
total
6 465
-
18 391
-
Corporate
177 815
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.

160 034
194 400
-
-
total
160 034
194 400
-
-
Dividends
17 782
21 600
-
-
withholding
3 378
4 104
-
-
total
3 378
4 104
-
-
Income
216 000
216 000
216 000
216 000
Total tax
181 433
198 504
96 841
68 530
After tax
34 567
17 496
119 159
147 470
Living cost
20 164
20 164
20 164
20 164
Free-cash
14 403
-2 668
98 995
127 306

Estimated living cost  is ₽20164 per week

₽14677
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1150
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽378
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3959
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96047
₽96442
₽99312
₽71305
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

You can choose the amount to declare for pension contributions and choose a pension insurance company or a pension insurance fund you prefer to use; or you could opt out of pension contributions altogether. You can find more details on Finnish Centre for Pensions

-
-
-
216 000
health
-
-
-
2 939
municipal
-
-
-
38 352
national
-
-
-
43 011
total
-
-
-
84 302
Employee
48 855
-
181 712
-
health
365
-
2 411
-
pensions
3 297
-
12 266
-
unemployment
733
-
2 726
-
national
807
-
27 776
-
municipal
8 002
-
29 576
-
total
13 204
-
74 755
-
Employer
48 855
-
181 712
-
health
375
-
1 399
-
accident
49
-
182
-
pensions
8 476
-
31 527
-
unemployment
317
-
1 181
-
total
9 217
-
34 289
-
Corporate
157 927
216 000
-
-
income
31 585
43 199
-
-
total
31 585
43 199
-
-
Dividends

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

94 757
129 600
-
-
national
9 975
17 380
-
-
municipal
17 056
23 328
-
-
total
27 031
40 708
-
-
Income
216 000
216 000
216 000
216 000
Total tax
81 037
83 907
109 044
84 302
After tax
134 963
132 093
106 956
131 698
Living cost
35 651
35 651
35 651
35 651
Free-cash
99 312
96 442
71 305
96 047

Estimated living cost  is ₽35651 per week

₽23287
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3429
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.
₽8369
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽123510
₽135903
₽130849
₽121754
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
5 509
social contributions
-
-
-
15 024
income
-
-
-
50 458
total
-
-
-
70 991
Employee
71 404
71 404
204 229
-
health
553
1 214
3 471
-
social contributions
2 700
5 926
7 993
-
income
7 775
6 610
49 512
-
total
11 028
13 750
60 976
-
Employer
71 404
71 404
204 229
-
health
601
1 322
3 778
-
social contributions
2 700
5 926
7 993
-
total
3 301
7 248
11 771
-
Corporate
180 173
137 349
-
-
income
22 522
17 169
-
-
total
22 522
17 169
-
-
Dividends
157 650
120 180
-
-
withholding
26 801
20 431
-
-
total
26 801
20 431
-
-
Income
216 000
216 000
216 000
216 000
Total tax
63 652
58 598
72 747
70 991
After tax
152 348
157 402
143 253
145 009
Living cost
21 499
21 499
21 499
21 499
Free-cash
130 849
135 903
121 754
123 510

Estimated living cost  is ₽21499 per week

₽12885
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2109
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.
₽6030
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽169554
₽164127
₽159403
₽150927
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 360
pensions
-
-
-
5 907
unemployment
-
-
-
26
income
-
-
-
22 410
total
-
-
-
31 703
Employee

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

21 314
-
206 925
-
health
1 812
-
7 489
-
pensions
3 197
-
13 216
-
unemployment
106
-
441
-
income
1 457
-
20 108
-
total
6 572
-
41 254
-
Employer

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

21 314
-
206 925
-
health
916
-
3 789
-
pensions
1 172
-
4 846
-
unemployment
106
-
441
-
total
2 194
-
9 076
-
Corporate
192 492
216 000
-
-
income
17 324
19 440
-
-
total
17 324
19 440
-
-
Dividends
175 168
196 560
-
-
withholding
15 764
17 690
-
-
total
15 764
17 690
-
-
Income
216 000
216 000
216 000
216 000
Total tax
41 854
37 130
50 330
31 703
After tax
174 146
178 870
165 670
184 297
Living cost
14 743
14 743
14 743
14 743
Free-cash
159 403
164 127
150 927
169 554

Estimated living cost  is ₽14743 per week

₽9406
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1063
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽439
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3834
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95096
₽117811
₽113710
₽91201
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
775
other
-
-
-
86
pensions
-
-
-
24 357
unemployment
-
-
-
603
income
-
-
-
69 548
total
-
-
-
95 369
Employee
34 335
-
188 561
-
pensions
1 614
-
4 046
-
unemployment
532
-
1 334
-
other
33
-
86
-
income
6 620
-
66 360
-
total
8 799
-
71 826
-
Employer
34 335
-
188 561
-
accident
680
-
1 704
-
pensions
8 102
-
20 312
-
other
275
-
689
-
unemployment
1 889
-
4 733
-
total
10 946
-
27 438
-
Corporate
170 718
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.

25 608
32 399
-
-
total
25 608
32 399
-
-
Dividends
145 110
183 601
-
-
withholding
31 402
40 255
-
-
total
31 402
40 255
-
-
Income
216 000
216 000
216 000
216 000
Total tax
76 755
72 654
99 264
95 369
After tax
139 245
143 346
116 736
120 631
Living cost
25 535
25 535
25 535
25 535
Free-cash
113 710
117 811
91 201
95 096

Estimated living cost  is ₽25535 per week

₽17236
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2455
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5398
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽137633
₽133041
₽132754
₽137509
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
922
pensions
-
-
-
1 271
income
-
-
-
74 431
total
-
-
-
76 624
Employee
2 654
-
214 570
-
health
133
-
318
-
pensions
239
-
572
-
unemployment
27
-
64
-
income
513
-
74 364
-
total
912
-
75 318
-
Employer
2 654
-
214 570
-
health
252
-
604
-
pensions
292
-
699
-
unemployment
53
-
127
-
total
597
-
1 430
-
Corporate
212 749
216 000
-
-
income
46 805
47 520
-
-
total
46 805
47 520
-
-
Dividends
165 944
168 480
-
-
withholding
33 189
33 696
-
-
total
33 189
33 696
-
-
Income
216 000
216 000
216 000
216 000
Total tax
81 503
81 216
76 748
76 624
After tax
134 497
134 784
139 252
139 376
Living cost
1 743
1 743
1 743
1 743
Free-cash
132 754
133 041
137 509
137 633

Estimated living cost  is ₽1743 per week

₽1036
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽141
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽40
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽526
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽123934
₽140024
₽135463
₽123934
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
7 058
pensions
-
-
-
17 817
unemployment
-
-
-
1 028
income
-
-
-
50 127
total
-
-
-
76 030
Employee

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

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

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

24 181
-
203 734
-
health
1 245
-
3 529
-
pensions
3 385
-
9 594
-
unemployment
181
-
514
-
income
3 333
-
50 127
-
total
8 144
-
63 764
-
Employer

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

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

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

24 181
-
203 734
-
health
1 245
-
3 529
-
pensions
2 902
-
8 223
-
unemployment
181
-
514
-
total
4 328
-
12 266
-
Corporate
187 491
216 000
-
-
income
28 124
32 400
-
-
total
28 124
32 400
-
-
Dividends
159 367
183 600
-
-
withholding
23 905
27 540
-
-
total
23 905
27 540
-
-
Income
216 000
216 000
216 000
216 000
Total tax
64 501
59 940
76 030
76 030
After tax
151 499
156 060
139 970
139 970
Living cost
16 036
16 036
16 036
16 036
Free-cash
135 463
140 024
123 934
123 934

Estimated living cost  is ₽16036 per week

₽10797
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1240
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽3534
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87280
₽97827
₽97491
₽70146
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 627
surtax
-
-
-
-
total
-
-
-
103 686
Employee
36 040
-
174 545
-
surtax
-
-
359
-
social contributions
3 965
-
19 201
-
income
7 042
-
59 805
-
total
11 007
-
79 365
-
Employer
36 040
-
174 545
-
social contributions
8 559
-
41 455
-
total
8 559
-
41 455
-
Corporate
171 401
216 000
-
-
surtax
-
-
-
-
income
35 994
45 360
-
-
total
35 994
45 360
-
-
Dividends
135 407
170 640
-
-
withholding
37 915
47 779
-
-
total
37 915
47 779
-
-
Income
216 000
216 000
216 000
216 000
Total tax
93 475
93 139
120 820
103 686
After tax
122 525
122 861
95 180
112 314
Living cost
25 034
25 034
25 034
25 034
Free-cash
97 491
97 827
70 146
87 280

Estimated living cost  is ₽25034 per week

₽17731
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1739
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽444
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5121
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87996
₽110711
₽104634
₽84101
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
775
other
-
-
-
86
pensions
-
-
-
24 357
unemployment
-
-
-
603
income
-
-
-
69 548
total
-
-
-
95 369
Employee
44 846
-
188 561
-
pensions
2 108
-
4 046
-
unemployment
694
-
1 334
-
other
44
-
86
-
income
9 367
-
66 360
-
total
12 213
-
71 826
-
Employer
44 846
-
188 561
-
accident
888
-
1 704
-
pensions
10 584
-
20 312
-
other
359
-
689
-
unemployment
2 467
-
4 733
-
total
14 298
-
27 438
-
Corporate
156 855
216 000
-
-
income

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

23 528
32 399
-
-
total
23 528
32 399
-
-
Dividends
133 327
183 601
-
-
withholding
28 692
40 255
-
-
total
28 692
40 255
-
-
Income
216 000
216 000
216 000
216 000
Total tax
78 731
72 654
99 264
95 369
After tax
137 269
143 346
116 736
120 631
Living cost
32 635
32 635
32 635
32 635
Free-cash
104 634
110 711
84 101
87 996

Estimated living cost  is ₽32635 per week

₽23437
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2538
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6201
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽159020
₽168741
₽163094
₽168060
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 722
pensions

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

-
-
-
4 790
unemployment
-
-
-
129
income
-
-
-
32 400
total
-
-
-
41 041
Employee
21 105
-
209 650
-
health
971
-
1 489
-
accident

We are using the highest rate at 1.1%.

232
-
356
-
pensions

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

1 853
-
2 842
-
income
2 111
-
20 965
-
total
5 167
-
25 652
-
Employer
21 105
-
209 650
-
health
1 456
-
2 233
-
accident

We are using the highest rate at 1.1%.

232
-
356
-
pensions

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

2 326
-
3 566
-
unemployment
127
-
194
-
total
4 141
-
6 349
-
Corporate
190 754
216 000
-
-
income
19 075
21 600
-
-
total
19 075
21 600
-
-
Dividends
171 679
194 400
-
-
withholding
8 584
9 720
-
-
total
8 584
9 720
-
-
Income
216 000
216 000
216 000
216 000
Total tax
36 967
31 320
32 001
41 041
After tax
179 033
184 680
183 999
174 959
Living cost
15 939
15 939
15 939
15 939
Free-cash
163 094
168 741
168 060
159 020

Estimated living cost  is ₽15939 per week

₽10542
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽912
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽380
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4105
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72432
₽75229
₽87377
₽97233
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 344
trade
-
-
-
24 801
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.

-
-
-
3 991
income

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

-
-
-
72 582
total
-
-
-
107 718
Employee

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

46 203
-
216 000
-
health

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

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

6 344
-
6 344
-
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.

210
-
3 991
-
income

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

3 799
-
72 582
-
total
10 353
-
82 917
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
169 797
216 000
-
-
trade
24 365
30 996
-
-
chamber of commerce
389
458
-
-
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.

1 401
1 782
-
-
income
25 470
32 399
-
-
total
51 625
65 635
-
-
Dividends
118 171
150 365
-
-
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.

1 605
2 048
-
-
withholding
29 190
37 238
-
-
total
30 795
39 286
-
-
Income
216 000
216 000
216 000
216 000
Total tax
92 773
104 921
82 917
107 718
After tax
123 227
111 079
133 083
108 282
Living cost
35 850
35 850
35 850
35 850
Free-cash
87 377
75 229
97 233
72 432

Estimated living cost  is ₽35850 per week

₽24730
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3857
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.
₽6742
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54801
₽98304
₽100354
₽54801
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
71 052
social contributions
-
-
-
37 251
total
-
-
-
108 303
Employee
72 636
-
216 000
-
social contributions
6 035
-
37 251
-
income
13 706
-
71 052
-
total
19 741
-
108 303
-
Employer
72 636
-
216 000
-
total
-
-
-
-
Corporate
143 364
216 000
-
-
income
17 921
27 000
-
-
total
17 921
27 000
-
-
Dividends
125 443
189 000
-
-
withholding
25 088
37 800
-
-
total
25 088
37 800
-
-
Income
216 000
216 000
216 000
216 000
Total tax
62 750
64 800
108 303
108 303
After tax
153 250
151 200
107 697
107 697
Living cost
52 896
52 896
52 896
52 896
Free-cash
100 354
98 304
54 801
54 801

Estimated living cost  is ₽52896 per week

₽40243
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4310
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.
₽7838
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽144111
₽101786
₽105032
₽116674
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
32 399
health

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

-
-
-
5 782
total
-
-
-
38 181
Employee
42 598
-
211 729
-
social contributions
4 268
-
4 271
-
income
4 622
-
57 076
-
total
8 890
-
61 347
-
Employer
42 598
-
211 729
-
social contributions
4 268
-
4 271
-
total
4 268
-
4 271
-
Corporate
169 134
216 000
-
-
income
59 196
75 600
-
-
total
59 196
75 600
-
-
Dividends
109 938
140 400
-
-
social contributions
4 906
4 906
-
-
total
4 906
4 906
-
-
Income
216 000
216 000
216 000
216 000
Total tax
77 260
80 506
65 618
38 181
After tax
138 740
135 494
150 382
177 819
Living cost
33 708
33 708
33 708
33 708
Free-cash
105 032
101 786
116 674
144 111

Estimated living cost  is ₽33708 per week

₽22203
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2657
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽516
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8330
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽104923
₽101335
₽106805
₽85668
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
9 376
income
-
-
-
67 394
total
-
-
-
76 770
Employee
47 092
-
188 194
-
health
614
-
2 521
-
pensions
3 594
-
11 143
-
income
8 576
-
54 557
-
total
12 784
-
68 221
-
Employer
47 092
-
188 194
-
health
895
-
3 576
-
pensions
4 758
-
24 228
-
total
5 653
-
27 804
-
Corporate
163 256
216 000
-
-
income

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

31 018
41 040
-
-
total
31 018
41 040
-
-
Dividends
132 238
174 960
-
-
withholding
25 433
39 318
-
-
total
25 433
39 318
-
-
Income
216 000
216 000
216 000
216 000
Total tax
74 888
80 358
96 025
76 770
After tax
141 112
135 642
119 975
139 230
Living cost
34 307
34 307
34 307
34 307
Free-cash
106 805
101 335
85 668
104 923

Estimated living cost  is ₽34307 per week

₽23535
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3155
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽429
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7186
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽125309
-₽4665
₽14097
₽96998
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
2 029
accident
-
-
-
235
other
-
-
-
345
pensions
-
-
-
3 871
income
-
-
-
62 050
total
-
-
-
68 530
Employee
34 860
-
197 609
-
health
3 991
-
22 626
-
pensions
3 925
-
7 097
-
income
4 782
-
48 727
-
total
12 698
-
78 450
-
Employer
34 860
-
197 609
-
accident
582
-
3 300
-
pensions
5 668
-
10 249
-
unemployment
854
-
4 842
-
total
7 104
-
18 391
-
Corporate
174 036
216 000
-
-
income

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

156 633
194 400
-
-
total
156 633
194 400
-
-
Dividends
17 404
21 600
-
-
withholding
3 307
4 104
-
-
total
3 307
4 104
-
-
Income
216 000
216 000
216 000
216 000
Total tax
179 742
198 504
96 841
68 530
After tax
36 258
17 496
119 159
147 470
Living cost
22 161
22 161
22 161
22 161
Free-cash
14 097
-4 665
96 998
125 309

Estimated living cost  is ₽22161 per week

₽16264
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1291
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽446
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4159
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽126282
₽152714
₽149909
₽146673
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 974
work injury
-
-
-
741
pensions
-
-
-
27 287
unemployment
-
-
-
1 780
income
-
-
-
36 410
total
-
-
-
77 192
Employee

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

20 041
-
216 000
-
pensions
3 688
-
13 643
-
work injury
100
-
371
-
unemployment
240
-
890
-
health insurance
1 483
-
5 487
-
income
2 004
-
36 410
-
total
7 515
-
56 801
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
195 959
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%.

19 596
21 600
-
-
total
19 596
21 600
-
-
Dividends
176 363
194 400
-
-
withholding
26 454
29 160
-
-
total
26 454
29 160
-
-
Income
216 000
216 000
216 000
216 000
Total tax
53 565
50 760
56 801
77 192
After tax
162 435
165 240
159 199
138 808
Living cost
12 526
12 526
12 526
12 526
Free-cash
149 909
152 714
146 673
126 282

Estimated living cost  is ₽12526 per week

₽7760
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽910
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.
₽3465
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64811
₽76782
₽72558
₽57182
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
5 335
municipal
-
-
-
1 526
social contributions
-
-
-
46 475
national
-
-
-
60 860
total
-
-
-
114 196
Employee
78 248
-
216 000
-
regional
1 181
-
4 854
-
national
13 223
-
54 645
-
social contributions
26 385
-
60 930
-
municipal
467
-
1 396
-
total
41 256
-
121 825
-
Employer
78 248
-
216 000
-
total
-
-
-
-
Corporate
137 752
216 000
-
-
nationa
33 060
51 839
-
-
municipal
6 640
10 411
-
-
total
39 700
62 250
-
-
Dividends
98 052
153 750
-
-
withholding
25 493
39 975
-
-
total
25 493
39 975
-
-
Income
216 000
216 000
216 000
216 000
Total tax
106 449
102 225
121 825
114 196
After tax
109 551
113 775
94 175
101 804
Living cost
36 993
36 993
36 993
36 993
Free-cash
72 558
76 782
57 182
64 811

Estimated living cost  is ₽36993 per week

₽25985
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2545
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7903
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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