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
₽90624
₽80138
₽104631
₽77556
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
27 075
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.

-
-
-
72 196
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.

-
-
-
6 479
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.

-
-
-
3 970
total
-
-
-
109 720
Employee

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

36 271
-
216 000
-
surtax

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

56
-
3 970
-
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.

6 479
-
6 479
-
income

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

1 013
-
72 196
-
total
7 548
-
82 645
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
179 729
216 000
-
-
trade
28 308
34 020
-
-
income
26 960
32 400
-
-
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.

1 483
1 782
-
-
chamber of commerce
403
453
-
-
total
57 154
68 655
-
-
Dividends
122 576
147 345
-
-
withholding
30 284
36 476
-
-
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.

1 666
2 007
-
-
total
31 950
38 483
-
-
Income
216 000
216 000
216 000
216 000
Total tax
96 652
107 138
82 645
109 720
After tax
119 348
108 862
133 355
106 280
Living cost
28 724
28 724
28 724
28 724
Free-cash
90 624
80 138
104 631
77 556

Estimated living cost  is ₽28724 per week

₽18068
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3349
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6770
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85536
₽86342
₽75691
₽74531
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
216 000
social contributions
-
-
-
2 322
pensions
-
-
-
25 920
municipal
-
-
-
24 000
national
-
-
-
40 785
total
-
-
-
93 027
Employee
75 095
-
186 730
-
national
14 373
-
42 616
-
municipal
9 275
-
24 837
-
pensions
3 004
-
7 469
-
total
26 652
-
74 922
-
Employer
75 095
-
186 730
-
pensions
6 008
-
14 938
-
social contributions
807
-
2 007
-
total
6 815
-
16 945
-
Corporate
129 134
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%.

25 827
43 200
-
-
total
25 827
43 200
-
-
Dividends
103 307
172 800
-
-
withholding
22 728
38 016
-
-
total
22 728
38 016
-
-
Income
216 000
216 000
216 000
216 000
Total tax
82 022
81 216
91 867
93 027
After tax
133 978
134 784
124 133
122 973
Living cost
48 442
48 442
48 442
48 442
Free-cash
85 536
86 342
75 691
74 531

Estimated living cost  is ₽48442 per week

₽32926
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4503
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽725
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10288
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽145291
₽153072
₽74321
₽59014
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
36 334
income
-
-
-
45 843
microenterprise
-
-
-
-
surtax
-
-
-
55 080
total
-
-
-
137 257
Employee
27 710
-
170 067
-
surtax
-
-
24 660
-
social contributions

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

3 049
-
12 432
-
income
4 933
-
38 925
-
total
7 982
-
76 017
-
Employer
27 710
-
170 067
-
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.

6 675
-
27 226
-
surtax
-
-
18 707
-
total
6 675
-
45 933
-
Corporate
181 615
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%.

36 323
43 199
-
-
total
36 323
43 199
-
-
Dividends

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

145 292
172 801
-
-
total
-
-
-
-
Income
216 000
216 000
216 000
216 000
Total tax
50 980
43 199
121 950
137 257
After tax
165 020
172 801
94 050
78 743
Living cost
19 729
19 729
19 729
19 729
Free-cash
145 291
153 072
74 321
59 014

Estimated living cost  is ₽19729 per week

₽12586
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1879
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.
₽4816
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62133
₽67945
₽98410
₽76116
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
216 000
income
-
-
-
77 353
pensions
-
-
-
11 111
health
-
-
-
11 694
total
-
-
-
100 158
Employee
80 982
80 982
198 377
-
health
12 430
10 573
11 694
-
pensions
14 577
11 111
11 111
-
income

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

13 255
13 255
37 435
-
total
40 262
34 939
60 240
-
Employer
80 982
80 982
198 377
-
pensions
5 636
5 636
7 006
-
unemployment
2 915
2 915
3 623
-
health
5 629
5 629
6 995
-
total
14 180
14 180
17 624
-
Corporate
121 831
120 837
-
-
income
24 367
24 167
-
-
total
24 367
24 167
-
-
Dividends
97 464
96 671
-
-
withholding
14 620
14 501
-
-
income
20 712
20 542
-
-
total
35 332
35 043
-
-
Income
216 000
216 000
216 000
216 000
Total tax
114 141
108 329
77 864
100 158
After tax
101 859
107 671
138 136
115 842
Living cost
39 726
39 726
39 726
39 726
Free-cash
62 133
67 945
98 410
76 116

Estimated living cost  is ₽39726 per week

₽28153
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3581
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽632
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7360
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77862
₽78742
₽68117
₽69069
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
216 000
other
-
-
-
9 982
unemployment
-
-
-
86
pensions
-
-
-
9 286
municipal
-
-
-
56 990
accident
-
-
-
172
national
-
-
-
25 861
health
-
-
-
5 360
total
-
-
-
107 737
Employee
55 848
-
189 010
-
national
-
-
25 335
-
municipal
16 654
-
56 363
-
total
16 654
-
81 698
-
Employer
55 848
-
189 010
-
other
6 490
-
9 982
-
accident
112
-
172
-
pensions
6 037
-
9 286
-
unemployment
1 474
-
2 268
-
health
3 435
-
5 283
-
total
17 548
-
26 991
-
Corporate
142 605
216 000
-
-
income
31 373
47 520
-
-
total
31 373
47 520
-
-
Dividends
111 231
168 480
-
-
withholding
33 369
50 544
-
-
total
33 369
50 544
-
-
Income
216 000
216 000
216 000
216 000
Total tax
98 944
98 064
108 689
107 737
After tax
117 056
117 936
107 311
108 263
Living cost
39 194
39 194
39 194
39 194
Free-cash
77 862
78 742
68 117
69 069

Estimated living cost  is ₽39194 per week

₽25976
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3846
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽595
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8777
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83820
₽70498
₽96101
₽67822
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
28 279
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.

-
-
-
72 196
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.

-
-
-
6 479
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.

-
-
-
3 970
total
-
-
-
110 924
Employee

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

48 091
-
216 000
-
surtax

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

227
-
3 970
-
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.

6 479
-
6 479
-
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.

4 132
-
72 196
-
total
10 838
-
82 645
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
167 909
216 000
-
-
trade
27 620
35 531
-
-
income
25 187
32 400
-
-
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.

1 386
1 782
-
-
chamber of commerce
383
452
-
-
total
54 576
70 165
-
-
Dividends
113 333
145 836
-
-
withholding
27 973
36 098
-
-
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.

1 539
1 985
-
-
total
29 512
38 083
-
-
Income
216 000
216 000
216 000
216 000
Total tax
94 926
108 248
82 645
110 924
After tax
121 074
107 752
133 355
105 076
Living cost
37 254
37 254
37 254
37 254
Free-cash
83 820
70 498
96 101
67 822

Estimated living cost  is ₽37254 per week

₽24915
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3929
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7853
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽122723
₽126657
₽112658
₽114426
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 343
income
-
-
-
49 964
health
-
-
-
5 509
total
-
-
-
70 816
Employee
72 921
72 921
204 061
-
health
725
1 240
3 470
-
social contributions
3 543
6 052
8 163
-
income
7 657
6 750
49 012
-
total
11 925
14 042
60 645
-
Employer
72 921
72 921
204 061
-
social contributions
3 543
6 052
8 163
-
health
790
1 350
3 776
-
total
4 333
7 402
11 939
-
Corporate
168 982
135 678
-
-
income
21 124
16 959
-
-
total
21 124
16 959
-
-
Dividends
147 859
118 718
-
-
withholding
25 137
20 182
-
-
total
25 137
20 182
-
-
Income
216 000
216 000
216 000
216 000
Total tax
62 519
58 585
72 584
70 816
After tax
153 481
157 415
143 416
145 184
Living cost
30 758
30 758
30 758
30 758
Free-cash
122 723
126 657
112 658
114 426

Estimated living cost  is ₽30758 per week

₽21026
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2402
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.
₽6813
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽103998
₽103630
₽107605
₽132022
S + D Salary + Dividends

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

Dividends

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

Salary

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

25 424
10 118
180 753
-
unemployment
381
152
2 711
-
health
1 780
708
12 653
-
pensions
2 542
1 012
18 075
-
income
3 108
1 237
22 097
-
total
7 811
3 109
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.

25 424
10 118
180 753
-
pensions
4 958
1 973
35 247
-
total
4 958
1 973
35 247
-
Corporate
185 618
203 909
-
-
income
16 706
18 352
-
-
total
16 706
18 352
-
-
Dividends
168 913
185 557
-
-
withholding
32 093
35 256
-
-
social contributions
32 822
36 068
-
-
total
64 915
71 324
-
-
Income
216 000
216 000
216 000
216 000
Total tax
94 390
94 758
90 783
66 366
After tax
121 610
121 242
125 217
149 634
Living cost
17 612
17 612
17 612
17 612
Free-cash
103 998
103 630
107 605
132 022

Estimated living cost  is ₽17612 per week

₽12019
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1441
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽352
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3801
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽144003
₽149896
₽101595
₽92872
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
216 000
income
-
-
-
28 945
pensions
-
-
-
43 199
health
-
-
-
28 079
total
-
-
-
100 223
Employee
26 902
-
161 434
-
unemployment
430
-
2 582
-
pensions
538
-
3 228
-
income
3 029
-
31 124
-
total
3 997
-
36 934
-
Employer
26 902
-
161 434
-
pensions
5 381
-
32 287
-
unemployment
216
-
1 292
-
health
3 497
-
20 987
-
total
9 094
-
54 566
-
Corporate
180 005
216 000
-
-
income
36 001
43 199
-
-
total
36 001
43 199
-
-
Dividends
144 004
172 801
-
-
total
-
-
-
-
Income
216 000
216 000
216 000
216 000
Total tax
49 092
43 199
91 500
100 223
After tax
166 908
172 801
124 500
115 777
Living cost
22 905
22 905
22 905
22 905
Free-cash
144 003
149 896
101 595
92 872

Estimated living cost  is ₽22905 per week

₽15710
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1364
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5370
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14235
-₽3767
₽97670
₽126231
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
216 000
other
-
-
-
358
income
-
-
-
61 775
pensions
-
-
-
4 021
accident
-
-
-
244
health
-
-
-
2 108
total
-
-
-
68 506
Employee
33 448
-
197 226
-
health
3 830
-
22 583
-
pensions
3 766
-
7 374
-
income
4 589
-
48 336
-
total
12 185
-
78 293
-
Employer
33 448
-
197 226
-
accident
558
-
3 294
-
pensions
5 439
-
10 648
-
unemployment
819
-
4 832
-
total
6 816
-
18 774
-
Corporate
175 736
216 000
-
-
income

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

158 162
194 400
-
-
total
158 162
194 400
-
-
Dividends
17 574
21 600
-
-
withholding
3 339
4 104
-
-
total
3 339
4 104
-
-
Income
216 000
216 000
216 000
216 000
Total tax
180 502
198 504
97 067
68 506
After tax
35 498
17 496
118 933
147 494
Living cost
21 263
21 263
21 263
21 263
Free-cash
14 235
-3 767
97 670
126 231

Estimated living cost  is ₽21263 per week

₽15584
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1178
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.
₽4058
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽196045
₽197490
₽165090
₽206130
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 637
-
216 000
-
income
1 927
-
43 200
-
total
1 927
-
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%.

206 363
216 000
-
-
total
-
-
-
-
Dividends
206 363
216 000
-
-
withholding
10 318
10 800
-
-
total
10 318
10 800
-
-
Income
216 000
216 000
216 000
216 000
Total tax
12 245
10 800
43 200
2 160
After tax
203 755
205 200
172 800
213 840
Living cost
7 710
7 710
7 710
7 710
Free-cash
196 045
197 490
165 090
206 130

Estimated living cost  is ₽7710 per week

₽4778
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽641
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽212
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2079
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽127022
₽133426
₽103114
₽104891
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
216 000
other
-
-
-
6 849
income
-
-
-
38 036
pensions

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

-
-
-
34 610
health
-
-
-
6 345
total
-
-
-
85 840
Employee
34 432
-
179 380
-
unemployment
344
-
1 441
-
health
482
-
2 019
-
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.

2 410
-
10 094
-
income
5 928
-
37 444
-
total
9 164
-
50 998
-
Employer
34 432
-
179 380
-
other
1 722
-
7 209
-
accident
275
-
1 434
-
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.

5 854
-
24 516
-
unemployment
344
-
1 441
-
health
482
-
2 019
-
total
8 677
-
36 619
-
Corporate
172 890
216 000
-
-
income
36 307
45 361
-
-
total
36 307
45 361
-
-
Dividends
136 583
170 639
-
-
withholding
9 561
11 944
-
-
total
9 561
11 944
-
-
Income
216 000
216 000
216 000
216 000
Total tax
63 709
57 305
87 617
85 840
After tax
152 291
158 695
128 383
130 160
Living cost
25 269
25 269
25 269
25 269
Free-cash
127 022
133 426
103 114
104 891

Estimated living cost  is ₽25269 per week

₽17854
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1706
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽407
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5302
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81041
₽73551
₽57839
₽77100
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
216 000
income
-
-
-
67 269
pensions
-
-
-
9 413
total
-
-
-
76 682
Employee
88 029
-
188 208
-
health
1 451
-
2 527
-
pensions
8 492
-
11 197
-
income
15 868
-
54 427
-
total
25 811
-
68 151
-
Employer
88 029
-
188 208
-
pensions
10 394
-
24 217
-
health
1 672
-
3 575
-
total
12 066
-
27 792
-
Corporate
115 905
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.

22 023
41 040
-
-
total
22 023
41 040
-
-
Dividends
93 882
174 960
-
-
withholding
12 841
39 191
-
-
total
12 841
39 191
-
-
Income
216 000
216 000
216 000
216 000
Total tax
72 741
80 231
95 943
76 682
After tax
143 259
135 769
120 057
139 318
Living cost
62 218
62 218
62 218
62 218
Free-cash
81 041
73 551
57 839
77 100

Estimated living cost  is ₽62218 per week

₽46621
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7310
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.
₽7781
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽167856
₽172257
₽171340
₽162341
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
132
income
-
-
-
32 400
pensions

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

-
-
-
4 898
health
-
-
-
3 806
total
-
-
-
41 236
Employee
16 449
-
209 507
-
accident

We are using the highest rate at 1.1%.

181
-
364
-
health
757
-
1 522
-
pensions

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

1 444
-
2 906
-
income
1 645
-
20 951
-
total
4 027
-
25 743
-
Employer
16 449
-
209 507
-
accident

We are using the highest rate at 1.1%.

181
-
364
-
pensions

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

1 813
-
3 647
-
unemployment
98
-
199
-
health
1 135
-
2 284
-
total
3 227
-
6 494
-
Corporate
196 323
216 000
-
-
income
19 632
21 600
-
-
total
19 632
21 600
-
-
Dividends
176 691
194 400
-
-
withholding
8 835
9 720
-
-
total
8 835
9 720
-
-
Income
216 000
216 000
216 000
216 000
Total tax
35 721
31 320
32 237
41 236
After tax
180 279
184 680
183 763
174 764
Living cost
12 423
12 423
12 423
12 423
Free-cash
167 856
172 257
171 340
162 341

Estimated living cost  is ₽12423 per week

₽7253
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽887
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽329
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3954
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57471
₽55086
₽85551
₽63257
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
216 000
income
-
-
-
77 353
pensions
-
-
-
11 111
health
-
-
-
11 694
total
-
-
-
100 158
Employee
87 920
80 982
198 377
-
health
10 969
10 573
11 694
-
pensions
11 111
11 111
11 111
-
income

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

13 255
13 255
37 435
-
total
35 335
34 939
60 240
-
Employer
87 920
80 982
198 377
-
pensions
6 119
5 636
7 006
-
unemployment
3 165
2 915
3 623
-
health
6 110
5 629
6 995
-
total
15 394
14 180
17 624
-
Corporate
112 686
120 837
-
-
income
22 536
24 167
-
-
total
22 536
24 167
-
-
Dividends
90 150
96 671
-
-
withholding
13 522
14 501
-
-
income
19 157
20 542
-
-
total
32 679
35 043
-
-
Income
216 000
216 000
216 000
216 000
Total tax
105 944
108 329
77 864
100 158
After tax
110 056
107 671
138 136
115 842
Living cost
52 585
52 585
52 585
52 585
Free-cash
57 471
55 086
85 551
63 257

Estimated living cost  is ₽52585 per week

₽38790
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4697
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽603
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8496
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽116683
₽125106
₽94333
₽103770
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
33 974
income
-
-
-
22 930
health
-
-
-
29 160
solidarity contribution
-
-
-
2 556
total
-
-
-
88 620
Employee
34 721
-
171 479
-
solidarity contribution
-
-
1 709
-
health
4 687
-
23 150
-
social contributions
2 257
-
7 563
-
income
4 167
-
21 115
-
total
11 111
-
53 537
-
Employer
34 721
-
171 479
-
social contributions
8 680
-
29 087
-
health
3 125
-
15 433
-
total
11 805
-
44 520
-
Corporate
169 474
216 000
-
-
income
32 200
41 040
-
-
total
32 200
41 040
-
-
Dividends
137 274
174 960
-
-
withholding
20 591
26 244
-
-
total
20 591
26 244
-
-
Income
216 000
216 000
216 000
216 000
Total tax
75 707
67 284
98 057
88 620
After tax
140 293
148 716
117 943
127 380
Living cost
23 610
23 610
23 610
23 610
Free-cash
116 683
125 106
94 333
103 770

Estimated living cost  is ₽23610 per week

₽16400
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1680
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.
₽5066
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70277
₽75231
₽56210
₽64249
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 745
social contributions
-
-
-
47 463
municipal
-
-
-
1 348
national
-
-
-
60 180
total
-
-
-
111 736
Employee
84 280
-
216 000
-
national
14 604
-
53 831
-
regional
795
-
2 488
-
municipal
446
-
1 231
-
social contributions
28 419
-
62 225
-
total
44 264
-
119 775
-
Employer
84 280
-
216 000
-
total
-
-
-
-
Corporate
131 720
216 000
-
-
nationa
31 614
51 839
-
-
municipal
5 138
8 424
-
-
total
36 752
60 263
-
-
Dividends
94 969
155 737
-
-
withholding
24 692
40 491
-
-
total
24 692
40 491
-
-
Income
216 000
216 000
216 000
216 000
Total tax
105 708
100 754
119 775
111 736
After tax
110 292
115 246
96 225
104 264
Living cost
40 015
40 015
40 015
40 015
Free-cash
70 277
75 231
56 210
64 249

Estimated living cost  is ₽40015 per week

₽27894
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2624
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽614
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8883
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽111987
₽114938
₽74843
₽80642
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
216 000
other
-
-
-
-
unemployment
-
-
-
216
income
-
-
-
68 352
pensions
-
-
-
25 313
health
-
-
-
8 985
surtax
-
-
-
11 566
total
-
-
-
114 432
Employee
31 360
-
189 359
-
surtax
103
-
10 432
-
unemployment
2 183
-
8 809
-
other
-
-
-
-
health
801
-
3 227
-
pensions
2 091
-
8 442
-
income
5 257
-
62 680
-
total
10 435
-
93 590
-
Employer
31 360
-
189 359
-
other
-
-
-
-
pensions
4 180
-
16 871
-
unemployment
993
-
4 011
-
health
1 427
-
5 759
-
total
6 600
-
26 641
-
Corporate
178 039
216 000
-
-
income
46 291
56 160
-
-
total
46 291
56 160
-
-
Dividends
131 748
159 840
-
-
withholding
19 761
23 976
-
-
total
19 761
23 976
-
-
Income
216 000
216 000
216 000
216 000
Total tax
83 087
80 136
120 231
114 432
After tax
132 913
135 864
95 769
101 568
Living cost
20 926
20 926
20 926
20 926
Free-cash
111 987
114 938
74 843
80 642

Estimated living cost  is ₽20926 per week

₽12795
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1931
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽482
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5717
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99410
₽93263
₽77551
₽96812
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
216 000
income
-
-
-
67 269
pensions
-
-
-
9 413
total
-
-
-
76 682
Employee
58 995
-
188 208
-
health
856
-
2 527
-
pensions
5 007
-
11 197
-
income
10 625
-
54 427
-
total
16 488
-
68 151
-
Employer
58 995
-
188 208
-
pensions
6 386
-
24 217
-
health
1 121
-
3 575
-
total
7 507
-
27 792
-
Corporate
149 498
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.

28 405
41 040
-
-
total
28 405
41 040
-
-
Dividends
121 093
174 960
-
-
withholding
21 684
39 191
-
-
total
21 684
39 191
-
-
Income
216 000
216 000
216 000
216 000
Total tax
74 084
80 231
95 943
76 682
After tax
141 916
135 769
120 057
139 318
Living cost
42 506
42 506
42 506
42 506
Free-cash
99 410
93 263
77 551
96 812

Estimated living cost  is ₽42506 per week

₽31845
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3186
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽445
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7030
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽55894
₽23829
₽88589
₽96633
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
216 000
other

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

-
-
-
4 319
city
-
-
-
2 277
regional
-
-
-
12 015
pensions
-
-
-
19 872
national
-
-
-
5 454
health
-
-
-
485
total
-
-
-
44 422
Employee
87 705
-
194 318
-
national
415
-
4 479
-
unemployment
-
-
-
-
city
941
-
2 100
-
regional
2 872
-
10 683
-
health
198
-
437
-
pensions
7 368
-
15 222
-
total
11 794
-
32 921
-
Employer
87 705
-
194 318
-
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.

1 754
-
3 886
-
pensions
7 368
-
15 222
-
unemployment
-
-
-
-
health
198
-
437
-
total
9 320
-
19 545
-
Corporate
118 010
216 000
-
-
regional
24 960
45 683
-
-
national
10 031
18 359
-
-
total
34 991
64 042
-
-
Dividends
83 020
151 957
-
-
withholding
29 056
53 184
-
-
total
29 056
53 184
-
-
Income
216 000
216 000
216 000
216 000
Total tax
85 161
117 226
52 466
44 422
After tax
130 839
98 774
163 534
171 578
Living cost
74 945
74 945
74 945
74 945
Free-cash
55 894
23 829
88 589
96 633

Estimated living cost  is ₽74945 per week

₽48736
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6726
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽920
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18563
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽78576
₽63197
₽89912
₽60429
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
29 483
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.

-
-
-
72 196
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.

-
-
-
6 479
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.

-
-
-
3 970
total
-
-
-
112 128
Employee

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

56 992
-
216 000
-
surtax

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

369
-
3 970
-
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.

6 479
-
6 479
-
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.

6 702
-
72 196
-
total
13 550
-
82 645
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
159 008
216 000
-
-
trade
27 269
37 045
-
-
income
23 852
32 400
-
-
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.

1 312
1 782
-
-
chamber of commerce
367
448
-
-
total
52 800
71 675
-
-
Dividends
106 208
144 326
-
-
withholding
26 191
35 720
-
-
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.

1 440
1 965
-
-
total
27 631
37 685
-
-
Income
216 000
216 000
216 000
216 000
Total tax
93 981
109 360
82 645
112 128
After tax
122 019
106 640
133 355
103 872
Living cost
43 443
43 443
43 443
43 443
Free-cash
78 576
63 197
89 912
60 429

Estimated living cost  is ₽43443 per week

₽31729
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3475
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7675
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82019
₽76418
₽79027
₽85522
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
216 000
other
-
-
-
6 696
social contributions
-
-
-
6 155
income
-
-
-
40 672
pensions
-
-
-
33 849
health
-
-
-
10 661
surtax
-
-
-
-
total
-
-
-
98 033
Employee
40 586
-
164 641
-
surtax
-
-
-
-
pensions
4 589
-
12 496
-
social contributions
1 157
-
4 690
-
income
2 395
-
35 982
-
total
8 141
-
53 168
-
Employer
40 586
-
164 641
-
other
1 400
-
6 870
-
pensions
6 668
-
20 853
-
unemployment
1 643
-
6 668
-
social contributions
122
-
493
-
health
2 842
-
16 476
-
total
12 675
-
51 360
-
Corporate
162 739
216 000
-
-
income
45 568
60 481
-
-
surtax
-
-
-
-
total
45 568
60 481
-
-
Dividends
117 172
155 519
-
-
withholding
14 998
19 907
-
-
social contributions
20 154
26 749
-
-
surtax
-
-
-
-
total
35 152
46 656
-
-
Income
216 000
216 000
216 000
216 000
Total tax
101 536
107 137
104 528
98 033
After tax
114 464
108 863
111 472
117 967
Living cost
32 445
32 445
32 445
32 445
Free-cash
82 019
76 418
79 027
85 522

Estimated living cost  is ₽32445 per week

₽20458
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2638
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽552
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8798
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84901
₽79633
₽82242
₽88737
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
216 000
other
-
-
-
6 696
social contributions
-
-
-
6 155
income
-
-
-
40 672
pensions
-
-
-
33 849
health
-
-
-
10 661
surtax
-
-
-
-
total
-
-
-
98 033
Employee
36 229
-
164 641
-
surtax
-
-
-
-
pensions
4 098
-
12 496
-
social contributions
1 033
-
4 690
-
income
1 868
-
35 982
-
total
6 999
-
53 168
-
Employer
36 229
-
164 641
-
other
1 251
-
6 870
-
pensions
5 953
-
20 853
-
unemployment
1 467
-
6 668
-
social contributions
108
-
493
-
health
2 536
-
16 476
-
total
11 315
-
51 360
-
Corporate
168 457
216 000
-
-
income
47 167
60 481
-
-
surtax
-
-
-
-
total
47 167
60 481
-
-
Dividends
121 290
155 519
-
-
withholding
15 525
19 907
-
-
social contributions
20 863
26 749
-
-
surtax
-
-
-
-
total
36 388
46 656
-
-
Income
216 000
216 000
216 000
216 000
Total tax
101 869
107 137
104 528
98 033
After tax
114 131
108 863
111 472
117 967
Living cost
29 230
29 230
29 230
29 230
Free-cash
84 901
79 633
82 242
88 737

Estimated living cost  is ₽29230 per week

₽16952
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2969
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽554
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8755
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽112163
₽111671
₽112713
₽118605
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
216 000
social contributions
-
-
-
29 809
income
-
-
-
32 400
health
-
-
-
15 077
total
-
-
-
77 286
Employee
32 153
-
216 000
-
health
2 244
-
15 077
-
social contributions
4 438
-
29 809
-
income
5 363
-
38 292
-
total
12 045
-
83 178
-
Employer
32 153
-
216 000
-
total
-
-
-
-
Corporate
183 847
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%.

9 192
10 799
-
-
total
9 192
10 799
-
-
Dividends
174 654
205 201
-
-
health
12 190
14 323
-
-
withholding
26 199
30 780
-
-
social contributions
24 102
28 318
-
-
total
62 491
73 421
-
-
Income
216 000
216 000
216 000
216 000
Total tax
83 728
84 220
83 178
77 286
After tax
132 272
131 780
132 822
138 714
Living cost
20 109
20 109
20 109
20 109
Free-cash
112 163
111 671
112 713
118 605

Estimated living cost  is ₽20109 per week

₽13457
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.
₽462
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4947
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84162
₽85629
₽23184
₽77197
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
864
unemployment
-
-
-
5 816
income
-
-
-
69 551
pensions
-
-
-
20 496
health
-
-
-
8 474
surtax
-
-
-
187
total
-
-
-
105 388
Employee
47 392
37 792
178 953
-
unemployment
1 422
1 134
3 324
-
other
473
378
1 109
-
health
1 834
1 463
4 287
-
pensions
4 854
3 869
11 345
-
income
5 395
2 788
58 451
-
total
13 978
9 632
78 516
-
Employer
47 392
37 792
178 953
-
payroll
1 422
1 134
5 368
-
other
2 251
1 794
7 920
-
accident
615
491
1 440
-
pensions
5 948
4 744
13 904
-
unemployment
1 422
1 134
3 324
-
chamber of commerce
189
151
716
-
surtax
187
187
187
-
health
1 791
1 429
4 188
-
total
13 825
11 064
37 047
-
Corporate
154 783
167 145
175 354
-
income

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

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

38 695
41 787
43 838
-
total
38 695
41 787
43 838
-
Dividends
116 088
125 358
-
-
withholding
31 925
34 473
-
-
total
31 925
34 473
-
-
Income
216 000
216 000
216 000
216 000
Total tax
98 423
96 956
159 401
105 388
After tax
117 577
119 044
56 599
110 612
Living cost
33 415
33 415
33 415
33 415
Free-cash
84 162
85 629
23 184
77 197

Estimated living cost  is ₽33415 per week

₽22286
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2851
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽549
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7729
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71903
₽83807
₽38737
₽59383
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 643
national
-
-
-
86 856
communal

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

-
-
-
11 541
total
-
-
-
122 040
Employee

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

67 833
-
167 298
-
national
20 855
-
63 393
-
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.

590
-
1 456
-
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.

3 187
-
7 862
-
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.

5 087
-
12 547
-
communal

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

3 538
-
8 726
-
total
33 257
-
93 984
-
Employer

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

67 833
-
167 298
-
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.

882
-
2 176
-
pensions

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

6 011
-
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.

990
-
2 442
-
surtax
7 691
-
18 971
-
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.

4 171
-
10 290
-
total
19 745
-
48 702
-
Corporate
128 422
216 000
-
-
income
25 684
46 444
-
-
surtax
513
929
-
-
total
26 197
47 373
-
-
Dividends
102 225
168 627
-
-
withholding

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

30 321
50 243
-
-
total
30 321
50 243
-
-
Income
216 000
216 000
216 000
216 000
Total tax
109 520
97 616
142 686
122 040
After tax
106 480
118 384
73 314
93 960
Living cost
34 577
34 577
34 577
34 577
Free-cash
71 903
83 807
38 737
59 383

Estimated living cost  is ₽34577 per week

₽22272
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3023
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽542
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8741
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽102643
₽109141
₽82445
₽86424
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
216 000
other
-
-
-
88
unemployment
-
-
-
615
income
-
-
-
68 960
pensions
-
-
-
24 874
accident
-
-
-
792
total
-
-
-
95 329
Employee
47 205
-
187 978
-
unemployment
732
-
1 362
-
other
47
-
88
-
pensions
2 219
-
4 132
-
income
9 960
-
65 704
-
total
12 958
-
71 286
-
Employer
47 205
-
187 978
-
other
376
-
704
-
accident
934
-
1 740
-
pensions
11 140
-
20 744
-
unemployment
2 597
-
4 834
-
total
15 047
-
28 022
-
Corporate
153 749
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.

23 062
32 400
-
-
total
23 062
32 400
-
-
Dividends
130 687
183 600
-
-
withholding
28 043
40 212
-
-
total
28 043
40 212
-
-
Income
216 000
216 000
216 000
216 000
Total tax
79 110
72 612
99 308
95 329
After tax
136 890
143 388
116 692
120 671
Living cost
34 247
34 247
34 247
34 247
Free-cash
102 643
109 141
82 445
86 424

Estimated living cost  is ₽34247 per week

₽25220
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2429
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽493
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6104
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57514
₽70556
₽58386
₽49775
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
40 956
pensions
-
-
-
32 377
accident
-
-
-
1 821
communal
-
-
-
13 652
health
-
-
-
15 176
surtax
-
-
-
10 708
total
-
-
-
114 690
Employee
71 815
-
192 944
-
surtax
4 402
-
11 825
-
health
3 196
-
8 586
-
pensions
5 744
-
15 435
-
income
6 937
-
47 176
-
total
20 279
-
83 022
-
Employer
71 815
-
192 944
-
accident
646
-
1 737
-
pensions
5 744
-
15 435
-
health
2 190
-
5 885
-
total
8 580
-
23 057
-
Corporate
135 605
216 000
-
-
income
20 341
32 400
-
-
communal
9 153
14 580
-
-
surtax
1 423
2 267
-
-
total
30 917
49 247
-
-
Dividends
104 688
166 752
-
-
withholding
15 703
25 013
-
-
income
31 472
19 649
-
-
total
47 175
44 662
-
-
Income
216 000
216 000
216 000
216 000
Total tax
106 951
93 909
106 079
114 690
After tax
109 049
122 091
109 921
101 310
Living cost
51 535
51 535
51 535
51 535
Free-cash
57 514
70 556
58 386
49 775

Estimated living cost  is ₽51535 per week

₽38659
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3122
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.
₽9207
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽111548
₽114564
₽74469
₽80268
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
216 000
other
-
-
-
-
unemployment
-
-
-
216
income
-
-
-
68 352
pensions
-
-
-
25 313
health
-
-
-
8 985
surtax
-
-
-
11 566
total
-
-
-
114 432
Employee
31 936
-
189 359
-
surtax
113
-
10 432
-
unemployment
2 223
-
8 809
-
other
-
-
-
-
health
815
-
3 227
-
pensions
2 131
-
8 442
-
income
5 354
-
62 680
-
total
10 636
-
93 590
-
Employer
31 936
-
189 359
-
other
-
-
-
-
pensions
4 258
-
16 871
-
unemployment
1 013
-
4 011
-
health
1 452
-
5 759
-
total
6 723
-
26 641
-
Corporate
177 341
216 000
-
-
income
46 109
56 160
-
-
total
46 109
56 160
-
-
Dividends
131 232
159 840
-
-
withholding
19 684
23 976
-
-
total
19 684
23 976
-
-
Income
216 000
216 000
216 000
216 000
Total tax
83 152
80 136
120 231
114 432
After tax
132 848
135 864
95 769
101 568
Living cost
21 300
21 300
21 300
21 300
Free-cash
111 548
114 564
74 469
80 268

Estimated living cost  is ₽21300 per week

₽12860
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1852
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6095
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85882
₽87989
₽70047
₽78042
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 422
social contributions
-
-
-
47 463
municipal
-
-
-
1 348
national
-
-
-
60 180
total
-
-
-
112 413
Employee
52 604
-
216 000
-
national
8 334
-
53 831
-
regional
708
-
3 121
-
municipal
279
-
1 231
-
social contributions
17 739
-
62 225
-
total
27 060
-
120 408
-
Employer
52 604
-
216 000
-
total
-
-
-
-
Corporate
163 396
216 000
-
-
nationa
39 215
51 839
-
-
municipal
8 122
10 735
-
-
total
47 337
62 574
-
-
Dividends
116 059
153 426
-
-
withholding
30 176
39 892
-
-
total
30 176
39 892
-
-
Income
216 000
216 000
216 000
216 000
Total tax
104 573
102 466
120 408
112 413
After tax
111 427
113 534
95 592
103 587
Living cost
25 545
25 545
25 545
25 545
Free-cash
85 882
87 989
70 047
78 042

Estimated living cost  is ₽25545 per week

₽15887
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2588
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽437
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6633
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽109243
₽119622
₽88849
₽98286
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
33 974
income
-
-
-
22 930
health
-
-
-
29 160
solidarity contribution
-
-
-
2 556
total
-
-
-
88 620
Employee
42 785
-
171 479
-
solidarity contribution
-
-
1 709
-
health
5 776
-
23 150
-
social contributions
2 781
-
7 563
-
income
5 134
-
21 115
-
total
13 691
-
53 537
-
Employer
42 785
-
171 479
-
social contributions
10 696
-
29 087
-
health
3 851
-
15 433
-
total
14 547
-
44 520
-
Corporate
158 668
216 000
-
-
income
30 147
41 040
-
-
total
30 147
41 040
-
-
Dividends
128 521
174 960
-
-
withholding
19 278
26 244
-
-
total
19 278
26 244
-
-
Income
216 000
216 000
216 000
216 000
Total tax
77 663
67 284
98 057
88 620
After tax
138 337
148 716
117 943
127 380
Living cost
29 094
29 094
29 094
29 094
Free-cash
109 243
119 622
88 849
98 286

Estimated living cost  is ₽29094 per week

₽21636
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1612
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5343
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88422
₽88891
₽26392
₽80545
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
864
unemployment
-
-
-
5 816
income
-
-
-
69 551
pensions
-
-
-
20 496
health
-
-
-
8 474
surtax
-
-
-
-
total
-
-
-
105 201
Employee
41 453
37 792
179 128
-
unemployment
1 244
1 134
3 324
-
other
414
378
1 109
-
health
1 603
1 463
4 287
-
pensions
4 245
3 869
11 345
-
income
3 693
2 788
58 535
-
total
11 199
9 632
78 600
-
Employer
41 453
37 792
179 128
-
payroll
1 244
1 134
5 374
-
other
1 969
1 794
7 927
-
accident
538
491
1 440
-
pensions
5 203
4 744
13 904
-
unemployment
1 244
1 134
3 324
-
chamber of commerce
166
151
716
-
surtax
-
-
-
-
health
1 567
1 429
4 188
-
total
11 931
10 877
36 873
-
Corporate
162 617
167 332
175 529
-
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.

40 655
41 833
43 881
-
total
40 655
41 833
43 881
-
Dividends
121 962
125 498
-
-
withholding
33 539
34 513
-
-
total
33 539
34 513
-
-
Income
216 000
216 000
216 000
216 000
Total tax
97 324
96 855
159 354
105 201
After tax
118 676
119 145
56 646
110 799
Living cost
30 254
30 254
30 254
30 254
Free-cash
88 422
88 891
26 392
80 545

Estimated living cost  is ₽30254 per week

₽18149
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3090
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8476
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽190932
₽193185
₽160785
₽201825
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
216 000
microenterprise

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

-
-
-
2 160
total
-
-
-
2 160
Employee
15 019
-
216 000
-
income
3 004
-
43 200
-
total
3 004
-
43 200
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

200 981
216 000
-
-
total
-
-
-
-
Dividends
200 981
216 000
-
-
withholding
10 049
10 800
-
-
total
10 049
10 800
-
-
Income
216 000
216 000
216 000
216 000
Total tax
13 053
10 800
43 200
2 160
After tax
202 947
205 200
172 800
213 840
Living cost
12 015
12 015
12 015
12 015
Free-cash
190 932
193 185
160 785
201 825

Estimated living cost  is ₽12015 per week

₽8131
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽504
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽403
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2977
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽115350
₽123280
₽69875
₽74565
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
324
income
-
-
-
54 973
pensions
-
-
-
39 447
health
-
-
-
21 255
total
-
-
-
115 999
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.

41 935
-
186 901
-
unemployment
59
-
261
-
health
2 708
-
12 073
-
pensions
6 500
-
28 970
-
income
7 232
-
50 285
-
total
16 499
-
91 589
-
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.

41 935
-
186 901
-
pensions
3 711
-
16 540
-
unemployment
25
-
112
-
health
2 793
-
12 448
-
total
6 529
-
29 100
-
Corporate
167 537
216 000
-
-
income
31 831
41 040
-
-
total
31 831
41 040
-
-
Dividends
135 705
174 960
-
-
withholding
20 355
26 244
-
-
total
20 355
26 244
-
-
Income
216 000
216 000
216 000
216 000
Total tax
75 214
67 284
120 689
115 999
After tax
140 786
148 716
95 311
100 001
Living cost
25 436
25 436
25 436
25 436
Free-cash
115 350
123 280
69 875
74 565

Estimated living cost  is ₽25436 per week

₽17456
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1630
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽493
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5858
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46434
₽90993
₽163256
₽108852
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
57 958
-
-
-
social contributions
4 753
-
677
-
income
12 784
-
-
-
total
17 537
-
677
-
Employer
57 958
-
-
-
social contributions
81 720
-
11 646
-
total
81 720
-
11 646
-
Corporate
76 322
216 000
-
-
income
16 791
47 520
-
-
total
16 791
47 520
-
-
Dividends
59 531
168 480
-
-
income
13 097
37 066
-
-
total
13 097
37 066
-
-
Income
216 000
216 000
216 000
216 000
Total tax
129 145
84 586
12 323
66 727
After tax
86 855
131 414
203 677
149 273
Living cost
40 421
40 421
40 421
40 421
Free-cash
46 434
90 993
163 256
108 852

Estimated living cost  is ₽40421 per week

₽26227
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3802
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9877
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92161
₽93115
₽65825
₽82792
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 404
surtax
-
-
-
-
total
-
-
-
103 463
Employee
43 615
-
174 544
-
surtax
-
-
284
-
social contributions
4 798
-
19 200
-
income
9 072
-
59 492
-
total
13 870
-
78 976
-
Employer
43 615
-
174 544
-
social contributions
10 358
-
41 454
-
total
10 358
-
41 454
-
Corporate
162 027
216 000
-
-
income
34 025
45 361
-
-
surtax
-
-
-
-
total
34 025
45 361
-
-
Dividends
128 002
170 639
-
-
withholding
35 841
47 779
-
-
total
35 841
47 779
-
-
Income
216 000
216 000
216 000
216 000
Total tax
94 094
93 140
120 430
103 463
After tax
121 906
122 860
95 570
112 537
Living cost
29 745
29 745
29 745
29 745
Free-cash
92 161
93 115
65 825
82 792

Estimated living cost  is ₽29745 per week

₽22256
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1755
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽497
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5239
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69580
₽63061
₽65670
₽72165
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
216 000
other
-
-
-
6 696
social contributions
-
-
-
6 155
income
-
-
-
40 672
pensions
-
-
-
33 849
health
-
-
-
10 661
surtax
-
-
-
-
total
-
-
-
98 033
Employee
59 394
-
164 641
-
surtax
-
-
-
-
pensions
6 718
-
12 496
-
social contributions
1 692
-
4 690
-
income
5 182
-
35 982
-
total
13 592
-
53 168
-
Employer
59 394
-
164 641
-
other
2 050
-
6 870
-
pensions
9 759
-
20 853
-
unemployment
2 406
-
6 668
-
social contributions
178
-
493
-
health
4 157
-
16 476
-
total
18 550
-
51 360
-
Corporate
138 055
216 000
-
-
income
38 655
60 481
-
-
surtax
-
-
-
-
total
38 655
60 481
-
-
Dividends
99 400
155 519
-
-
withholding
12 723
19 907
-
-
social contributions
17 098
26 749
-
-
surtax
-
-
-
-
total
29 821
46 656
-
-
Income
216 000
216 000
216 000
216 000
Total tax
100 618
107 137
104 528
98 033
After tax
115 382
108 863
111 472
117 967
Living cost
45 802
45 802
45 802
45 802
Free-cash
69 580
63 061
65 670
72 165

Estimated living cost  is ₽45802 per week

₽30998
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3747
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽628
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10429
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽162708
₽165893
₽134626
₽128885
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 089
social contributions
-
-
-
47 520
total
-
-
-
58 609
Employee
30 487
-
187 014
-
social contributions
1 981
-
12 156
-
income
-
-
11 726
-
total
1 981
-
23 882
-
Employer
30 487
-
187 014
-
social contributions
4 726
-
28 986
-
total
4 726
-
28 986
-
Corporate
180 787
216 000
-
-
income
18 079
21 601
-
-
total
18 079
21 601
-
-
Dividends
162 708
194 399
-
-
total
-
-
-
-
Income
216 000
216 000
216 000
216 000
Total tax
24 786
21 601
52 868
58 609
After tax
191 214
194 399
163 132
157 391
Living cost
28 506
28 506
28 506
28 506
Free-cash
162 708
165 893
134 626
128 885

Estimated living cost  is ₽28506 per week

₽18431
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2149
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7389
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5516
₽9689
₽9689
₽78946
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
821
municipal
-
-
-
46 455
labour market
-
-
-
17 214
national
-
-
-
26 961
total
-
-
-
91 451
Employee
192 480
192 480
192 480
-
national
23 515
23 515
23 515
-
municipal
40 988
40 988
40 988
-
labour market
15 377
15 377
15 377
-
pensions
274
274
274
-
total
80 154
80 154
80 154
-
Employer
192 480
192 480
192 480
-
municipal
41 053
41 053
41 053
-
pensions
547
547
547
-
national
23 556
23 556
23 556
-
labour market
15 398
15 398
15 398
-
total
80 554
80 554
80 554
-
Corporate
9 690
-
-
-
income
2 132
-
-
-
total
2 132
-
-
-
Dividends
7 558
-
-
-
withholding
2 041
-
-
-
total
2 041
-
-
-
Income
216 000
216 000
216 000
216 000
Total tax
164 881
160 708
160 708
91 451
After tax
51 119
55 292
55 292
124 549
Living cost
45 603
45 603
45 603
45 603
Free-cash
5 516
9 689
9 689
78 946

Estimated living cost  is ₽45603 per week

₽31211
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4034
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽701
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9656
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14283
-₽3453
₽97984
₽126545
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
216 000
other
-
-
-
358
income
-
-
-
61 775
pensions
-
-
-
4 021
accident
-
-
-
244
health
-
-
-
2 108
total
-
-
-
68 506
Employee
32 955
-
197 226
-
health
3 774
-
22 583
-
pensions
3 711
-
7 374
-
income
4 521
-
48 336
-
total
12 006
-
78 293
-
Employer
32 955
-
197 226
-
accident
550
-
3 294
-
pensions
5 358
-
10 648
-
unemployment
808
-
4 832
-
total
6 716
-
18 774
-
Corporate
176 329
216 000
-
-
income

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

158 696
194 400
-
-
total
158 696
194 400
-
-
Dividends
17 633
21 600
-
-
withholding
3 350
4 104
-
-
total
3 350
4 104
-
-
Income
216 000
216 000
216 000
216 000
Total tax
180 768
198 504
97 067
68 506
After tax
35 232
17 496
118 933
147 494
Living cost
20 949
20 949
20 949
20 949
Free-cash
14 283
-3 453
97 984
126 545

Estimated living cost  is ₽20949 per week

₽15249
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1194
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽393
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4113
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98831
₽95901
₽71057
₽95797
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
38 353
national
-
-
-
42 512
health
-
-
-
2 930
total
-
-
-
83 795
Employee
49 893
-
181 712
-
national
824
-
27 277
-
unemployment
749
-
2 726
-
health
373
-
2 402
-
municipal
8 172
-
29 576
-
pensions
3 367
-
12 266
-
total
13 485
-
74 247
-
Employer
49 893
-
181 712
-
accident
50
-
182
-
pensions
8 656
-
31 527
-
unemployment
324
-
1 181
-
health
383
-
1 398
-
total
9 413
-
34 288
-
Corporate
156 694
216 000
-
-
income
31 338
43 199
-
-
total
31 338
43 199
-
-
Dividends

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

94 017
129 601
-
-
municipal
16 923
23 328
-
-
national
9 602
17 164
-
-
total
26 525
40 492
-
-
Income
216 000
216 000
216 000
216 000
Total tax
80 761
83 691
108 535
83 795
After tax
135 239
132 309
107 465
132 205
Living cost
36 408
36 408
36 408
36 408
Free-cash
98 831
95 901
71 057
95 797

Estimated living cost  is ₽36408 per week

₽23782
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3502
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽579
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8546
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽130296
₽135459
₽121460
₽123228
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 343
income
-
-
-
49 964
health
-
-
-
5 509
total
-
-
-
70 816
Employee
72 921
72 921
204 061
-
health
565
1 240
3 470
-
social contributions
2 757
6 052
8 163
-
income
7 940
6 750
49 012
-
total
11 262
14 042
60 645
-
Employer
72 921
72 921
204 061
-
social contributions
2 757
6 052
8 163
-
health
614
1 350
3 776
-
total
3 371
7 402
11 939
-
Corporate
179 411
135 678
-
-
income
22 427
16 959
-
-
total
22 427
16 959
-
-
Dividends
156 985
118 718
-
-
withholding
26 688
20 182
-
-
total
26 688
20 182
-
-
Income
216 000
216 000
216 000
216 000
Total tax
63 748
58 585
72 584
70 816
After tax
152 252
157 415
143 416
145 184
Living cost
21 956
21 956
21 956
21 956
Free-cash
130 296
135 459
121 460
123 228

Estimated living cost  is ₽21956 per week

₽13159
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2154
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.
₽6158
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽158988
₽163815
₽150051
₽169073
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
27
income
-
-
-
22 380
pensions
-
-
-
6 032
health
-
-
-
3 432
total
-
-
-
31 871
Employee

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

21 767
-
206 732
-
unemployment
108
-
450
-
health
1 850
-
7 648
-
pensions
3 264
-
13 497
-
income
1 488
-
20 030
-
total
6 710
-
41 625
-
Employer

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

21 767
-
206 732
-
pensions
1 197
-
4 949
-
unemployment
108
-
450
-
health
936
-
3 869
-
total
2 241
-
9 268
-
Corporate
191 993
216 000
-
-
income
17 280
19 439
-
-
total
17 280
19 439
-
-
Dividends
174 713
196 561
-
-
withholding
15 725
17 690
-
-
total
15 725
17 690
-
-
Income
216 000
216 000
216 000
216 000
Total tax
41 956
37 129
50 893
31 871
After tax
174 044
178 871
165 107
184 129
Living cost
15 056
15 056
15 056
15 056
Free-cash
158 988
163 815
150 051
169 073

Estimated living cost  is ₽15056 per week

₽9606
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1085
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.
₽3916
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽113123
₽117311
₽90615
₽94594
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
216 000
other
-
-
-
88
unemployment
-
-
-
615
income
-
-
-
68 960
pensions
-
-
-
24 874
accident
-
-
-
792
total
-
-
-
95 329
Employee
35 065
-
187 978
-
unemployment
543
-
1 362
-
other
34
-
88
-
pensions
1 648
-
4 132
-
income
6 760
-
65 704
-
total
8 985
-
71 286
-
Employer
35 065
-
187 978
-
other
281
-
704
-
accident
695
-
1 740
-
pensions
8 275
-
20 744
-
unemployment
1 929
-
4 834
-
total
11 180
-
28 022
-
Corporate
169 756
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.

25 464
32 400
-
-
total
25 464
32 400
-
-
Dividends
144 292
183 600
-
-
withholding
31 171
40 212
-
-
total
31 171
40 212
-
-
Income
216 000
216 000
216 000
216 000
Total tax
76 800
72 612
99 308
95 329
After tax
139 200
143 388
116 692
120 671
Living cost
26 077
26 077
26 077
26 077
Free-cash
113 123
117 311
90 615
94 594

Estimated living cost  is ₽26077 per week

₽17602
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2507
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5512
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽132687
₽132982
₽137411
₽137539
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
216 000
income
-
-
-
74 391
pensions
-
-
-
1 315
health
-
-
-
953
total
-
-
-
76 659
Employee
2 745
-
214 521
-
unemployment
27
-
66
-
health
137
-
329
-
pensions
247
-
592
-
income
531
-
74 322
-
total
942
-
75 309
-
Employer
2 745
-
214 521
-
pensions
302
-
723
-
unemployment
55
-
131
-
health
261
-
624
-
total
618
-
1 478
-
Corporate
212 638
216 000
-
-
income
46 780
47 520
-
-
total
46 780
47 520
-
-
Dividends
165 857
168 480
-
-
withholding
33 171
33 696
-
-
total
33 171
33 696
-
-
Income
216 000
216 000
216 000
216 000
Total tax
81 511
81 216
76 787
76 659
After tax
134 489
134 784
139 213
139 341
Living cost
1 802
1 802
1 802
1 802
Free-cash
132 687
132 982
137 411
137 539

Estimated living cost  is ₽1802 per week

₽1071
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽146
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽41
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽544
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽135031
₽139688
₽123135
₽123136
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
1 049
income
-
-
-
50 046
pensions
-
-
-
18 191
health
-
-
-
7 206
total
-
-
-
76 492
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.

24 688
-
203 476
-
unemployment
185
-
525
-
health
1 271
-
3 603
-
pensions
3 456
-
9 795
-
income
3 403
-
50 046
-
total
8 315
-
63 969
-
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.

24 688
-
203 476
-
pensions
2 963
-
8 396
-
unemployment
185
-
525
-
health
1 271
-
3 603
-
total
4 419
-
12 524
-
Corporate
186 893
216 000
-
-
income
28 034
32 400
-
-
total
28 034
32 400
-
-
Dividends
158 859
183 600
-
-
withholding
23 829
27 540
-
-
total
23 829
27 540
-
-
Income
216 000
216 000
216 000
216 000
Total tax
64 597
59 940
76 493
76 492
After tax
151 403
156 060
139 507
139 508
Living cost
16 372
16 372
16 372
16 372
Free-cash
135 031
139 688
123 135
123 136

Estimated living cost  is ₽16372 per week

₽11023
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1266
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3609
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96953
₽97294
₽70004
₽86971
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 404
surtax
-
-
-
-
total
-
-
-
103 463
Employee
36 806
-
174 544
-
surtax
-
-
284
-
social contributions
4 049
-
19 200
-
income
7 192
-
59 492
-
total
11 241
-
78 976
-
Employer
36 806
-
174 544
-
social contributions
8 741
-
41 454
-
total
8 741
-
41 454
-
Corporate
170 453
216 000
-
-
income
35 796
45 361
-
-
surtax
-
-
-
-
total
35 796
45 361
-
-
Dividends
134 658
170 639
-
-
withholding
37 703
47 779
-
-
total
37 703
47 779
-
-
Income
216 000
216 000
216 000
216 000
Total tax
93 481
93 140
120 430
103 463
After tax
122 519
122 860
95 570
112 537
Living cost
25 566
25 566
25 566
25 566
Free-cash
96 953
97 294
70 004
86 971

Estimated living cost  is ₽25566 per week

₽18108
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1776
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.
₽5230
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽103855
₽110060
₽83364
₽87343
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
216 000
other
-
-
-
88
unemployment
-
-
-
615
income
-
-
-
68 960
pensions
-
-
-
24 874
accident
-
-
-
792
total
-
-
-
95 329
Employee
45 799
-
187 978
-
unemployment
709
-
1 362
-
other
45
-
88
-
pensions
2 152
-
4 132
-
income
9 566
-
65 704
-
total
12 472
-
71 286
-
Employer
45 799
-
187 978
-
other
367
-
704
-
accident
907
-
1 740
-
pensions
10 808
-
20 744
-
unemployment
2 519
-
4 834
-
total
14 601
-
28 022
-
Corporate
155 599
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.

23 339
32 400
-
-
total
23 339
32 400
-
-
Dividends
132 260
183 600
-
-
withholding
28 405
40 212
-
-
total
28 405
40 212
-
-
Income
216 000
216 000
216 000
216 000
Total tax
78 817
72 612
99 308
95 329
After tax
137 183
143 388
116 692
120 671
Living cost
33 328
33 328
33 328
33 328
Free-cash
103 855
110 060
83 364
87 343

Estimated living cost  is ₽33328 per week

₽23935
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2591
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽470
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6333
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽162607
₽168381
₽167464
₽158465
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
132
income
-
-
-
32 400
pensions

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

-
-
-
4 898
health
-
-
-
3 806
total
-
-
-
41 236
Employee
21 582
-
209 507
-
accident

We are using the highest rate at 1.1%.

237
-
364
-
health
993
-
1 522
-
pensions

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

1 895
-
2 906
-
income
2 159
-
20 951
-
total
5 284
-
25 743
-
Employer
21 582
-
209 507
-
accident

We are using the highest rate at 1.1%.

237
-
364
-
pensions

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

2 378
-
3 647
-
unemployment
130
-
199
-
health
1 489
-
2 284
-
total
4 234
-
6 494
-
Corporate
190 183
216 000
-
-
income
19 018
21 600
-
-
total
19 018
21 600
-
-
Dividends
171 165
194 400
-
-
withholding
8 558
9 720
-
-
total
8 558
9 720
-
-
Income
216 000
216 000
216 000
216 000
Total tax
37 094
31 320
32 237
41 236
After tax
178 906
184 680
183 763
174 764
Living cost
16 299
16 299
16 299
16 299
Free-cash
162 607
168 381
167 464
158 465

Estimated living cost  is ₽16299 per week

₽10780
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽933
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽389
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4198
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86877
₽74471
₽96743
₽72074
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
24 669
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.

-
-
-
72 196
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.

-
-
-
6 479
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.

-
-
-
3 970
total
-
-
-
107 314
Employee

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

47 184
-
216 000
-
surtax

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

214
-
3 970
-
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.

6 479
-
6 479
-
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.

3 880
-
72 196
-
total
10 573
-
82 645
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
168 816
216 000
-
-
trade
24 224
30 996
-
-
income
25 322
32 400
-
-
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.

1 393
1 782
-
-
chamber of commerce
392
461
-
-
total
51 331
65 639
-
-
Dividends
117 484
150 362
-
-
withholding
29 011
37 230
-
-
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.

1 596
2 048
-
-
total
30 607
39 278
-
-
Income
216 000
216 000
216 000
216 000
Total tax
92 511
104 917
82 645
107 314
After tax
123 489
111 083
133 355
108 686
Living cost
36 612
36 612
36 612
36 612
Free-cash
86 877
74 471
96 743
72 074

Estimated living cost  is ₽36612 per week

₽25256
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3939
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6885
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99274
₽97180
₽54084
₽54084
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
37 170
income
-
-
-
70 726
total
-
-
-
107 896
Employee
74 179
-
216 000
-
social contributions
6 163
-
37 170
-
income
13 997
-
70 726
-
total
20 160
-
107 896
-
Employer
74 179
-
216 000
-
total
-
-
-
-
Corporate
141 821
216 000
-
-
income
17 728
26 999
-
-
total
17 728
26 999
-
-
Dividends
124 093
189 001
-
-
withholding
24 818
37 801
-
-
total
24 818
37 801
-
-
Income
216 000
216 000
216 000
216 000
Total tax
62 706
64 800
107 896
107 896
After tax
153 294
151 200
108 104
108 104
Living cost
54 020
54 020
54 020
54 020
Free-cash
99 274
97 180
54 084
54 084

Estimated living cost  is ₽54020 per week

₽41097
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4402
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.
₽8005
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽104279
₽100967
₽116168
₽143412
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health

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

-
-
-
5 764
income
-
-
-
32 400
total
-
-
-
38 164
Employee
43 503
-
211 638
-
social contributions
4 359
-
4 362
-
income
4 720
-
56 684
-
total
9 079
-
61 046
-
Employer
43 503
-
211 638
-
social contributions
4 359
-
4 362
-
total
4 359
-
4 362
-
Corporate
168 139
216 000
-
-
income
58 849
75 599
-
-
total
58 849
75 599
-
-
Dividends
109 290
140 401
-
-
social contributions
5 010
5 010
-
-
total
5 010
5 010
-
-
Income
216 000
216 000
216 000
216 000
Total tax
77 297
80 609
65 408
38 164
After tax
138 703
135 391
150 592
177 836
Living cost
34 424
34 424
34 424
34 424
Free-cash
104 279
100 967
116 168
143 412

Estimated living cost  is ₽34424 per week

₽22675
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2714
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8507
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽106722
₽101213
₽85501
₽104762
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
216 000
income
-
-
-
67 269
pensions
-
-
-
9 413
total
-
-
-
76 682
Employee
47 433
-
188 208
-
health
619
-
2 527
-
pensions
3 620
-
11 197
-
income
8 638
-
54 427
-
total
12 877
-
68 151
-
Employer
47 433
-
188 208
-
pensions
4 792
-
24 217
-
health
901
-
3 575
-
total
5 693
-
27 792
-
Corporate
162 874
216 000
-
-
income

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

30 946
41 040
-
-
total
30 946
41 040
-
-
Dividends
131 928
174 960
-
-
withholding
25 206
39 191
-
-
total
25 206
39 191
-
-
Income
216 000
216 000
216 000
216 000
Total tax
74 722
80 231
95 943
76 682
After tax
141 278
135 769
120 057
139 318
Living cost
34 556
34 556
34 556
34 556
Free-cash
106 722
101 213
85 501
104 762

Estimated living cost  is ₽34556 per week

₽23705
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3178
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽432
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7239
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽13964
-₽5527
₽95910
₽124470
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
216 000
other
-
-
-
358
income
-
-
-
61 775
pensions
-
-
-
4 021
accident
-
-
-
244
health
-
-
-
2 108
total
-
-
-
68 506
Employee
36 217
-
197 226
-
health
4 147
-
22 583
-
pensions
4 078
-
7 374
-
income
4 969
-
48 336
-
total
13 194
-
78 293
-
Employer
36 217
-
197 226
-
accident
605
-
3 294
-
pensions
5 889
-
10 648
-
unemployment
887
-
4 832
-
total
7 381
-
18 774
-
Corporate
172 403
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.

155 162
194 400
-
-
total
155 162
194 400
-
-
Dividends
17 240
21 600
-
-
withholding
3 276
4 104
-
-
total
3 276
4 104
-
-
Income
216 000
216 000
216 000
216 000
Total tax
179 013
198 504
97 067
68 506
After tax
36 987
17 496
118 933
147 494
Living cost
23 024
23 024
23 024
23 024
Free-cash
13 964
-5 527
95 910
124 470

Estimated living cost  is ₽23024 per week

₽16897
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1342
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.
₽4321
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽149564
₽152432
₽145987
₽125136
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
1 820
income
-
-
-
36 354
pensions
-
-
-
27 902
health insurance
-
-
-
11 222
work injury
-
-
-
758
total
-
-
-
78 056
Employee

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

20 493
-
216 000
-
health insurance
1 516
-
5 611
-
unemployment
246
-
910
-
work injury
102
-
379
-
pensions
3 771
-
13 951
-
income
2 049
-
36 354
-
total
7 684
-
57 205
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
195 507
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%.

19 551
21 600
-
-
total
19 551
21 600
-
-
Dividends
175 956
194 400
-
-
withholding
26 393
29 160
-
-
total
26 393
29 160
-
-
Income
216 000
216 000
216 000
216 000
Total tax
53 628
50 760
57 205
78 056
After tax
162 372
165 240
158 795
137 944
Living cost
12 808
12 808
12 808
12 808
Free-cash
149 564
152 432
145 987
125 136

Estimated living cost  is ₽12808 per week

₽7935
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽931
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.
₽3543
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71684
₽75998
₽55978
₽63767
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 295
social contributions
-
-
-
47 463
municipal
-
-
-
1 517
national
-
-
-
60 180
total
-
-
-
114 455
Employee
79 911
-
216 000
-
national
13 504
-
53 831
-
regional
1 206
-
4 804
-
municipal
477
-
1 384
-
social contributions
26 945
-
62 225
-
total
42 132
-
122 244
-
Employer
79 911
-
216 000
-
total
-
-
-
-
Corporate
136 089
216 000
-
-
nationa
32 661
51 839
-
-
municipal
6 560
10 411
-
-
total
39 221
62 250
-
-
Dividends
96 869
153 750
-
-
withholding
25 185
39 974
-
-
total
25 185
39 974
-
-
Income
216 000
216 000
216 000
216 000
Total tax
106 538
102 224
122 244
114 455
After tax
109 462
113 776
93 756
101 545
Living cost
37 778
37 778
37 778
37 778
Free-cash
71 684
75 998
55 978
63 767

Estimated living cost  is ₽37778 per week

₽26537
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2599
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽570
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8071
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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