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
₽80440
₽104797
₽77648
₽90817
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
216 000
income

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

-
-
-
72 392
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.

-
-
-
3 981
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.

-
-
-
6 410
trade
-
-
-
27 149
total
-
-
-
109 932
Employee

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

35 888
-
216 000
-
surtax

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

55
-
3 981
-
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.

1 002
-
72 392
-
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.

6 410
-
6 410
-
total
7 467
-
82 783
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
180 112
216 000
-
-
income
27 017
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.

1 487
1 782
-
-
chamber of commerce
401
452
-
-
trade
28 367
34 020
-
-
total
57 272
68 654
-
-
Dividends
122 840
147 345
-
-
surtax

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

1 670
2 007
-
-
withholding
30 354
36 479
-
-
total
32 024
38 486
-
-
Income
216 000
216 000
216 000
216 000
Total tax
96 763
107 140
82 783
109 932
After tax
119 237
108 860
133 217
106 068
Living cost
28 420
28 420
28 420
28 420
Free-cash
90 817
80 440
104 797
77 648

Estimated living cost  is ₽28420 per week

₽17877
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3314
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.
₽6699
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84828
₽74664
₽73504
₽83998
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
216 000
social contributions
-
-
-
2 322
municipal
-
-
-
23 963
national
-
-
-
40 335
pensions
-
-
-
25 920
total
-
-
-
92 540
Employee
77 442
-
186 730
-
municipal
9 565
-
24 799
-
pensions
3 098
-
7 469
-
national
14 822
-
42 167
-
total
27 485
-
74 435
-
Employer
77 442
-
186 730
-
pensions
6 195
-
14 938
-
social contributions
832
-
2 007
-
total
7 027
-
16 945
-
Corporate
126 419
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%.

25 284
43 200
-
-
total
25 284
43 200
-
-
Dividends
101 136
172 800
-
-
withholding
22 250
38 016
-
-
total
22 250
38 016
-
-
Income
216 000
216 000
216 000
216 000
Total tax
82 046
81 216
91 380
92 540
After tax
133 954
134 784
124 620
123 460
Living cost
49 956
49 956
49 956
49 956
Free-cash
83 998
84 828
74 664
73 504

Estimated living cost  is ₽49956 per week

₽33955
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4644
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽748
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10610
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽153280
₽74648
₽59375
₽145582
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

As of 1 January, 2018 a microenterprise tax rate for microenterprise turnover of up to €40,000 is 15%. This tax is inclusive of all other taxes and contributions.

Microenterprise tax could also be applied to a company but as the only exception is a limitation of liability, we advise to register as a sole-trader.

-
-
-
216 000
income
-
-
-
46 073
surtax
-
-
-
55 080
social contributions

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

-
-
-
35 951
microenterprise
-
-
-
-
total
-
-
-
137 104
Employee
27 418
-
170 326
-
surtax
-
-
24 697
-
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.

3 016
-
12 300
-
income
4 881
-
39 159
-
total
7 897
-
76 156
-
Employer
27 418
-
170 326
-
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.

6 604
-
26 939
-
surtax
-
-
18 736
-
total
6 604
-
45 675
-
Corporate
181 978
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%.

36 396
43 199
-
-
total
36 396
43 199
-
-
Dividends

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

145 582
172 801
-
-
total
-
-
-
-
Income
216 000
216 000
216 000
216 000
Total tax
50 897
43 199
121 831
137 104
After tax
165 103
172 801
94 169
78 896
Living cost
19 521
19 521
19 521
19 521
Free-cash
145 582
153 280
74 648
59 375

Estimated living cost  is ₽19521 per week

₽12454
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1859
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽443
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4765
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68388
₽98829
₽76414
₽62641
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
77 716
health
-
-
-
11 570
pensions
-
-
-
10 993
total
-
-
-
100 279
Employee
80 127
80 127
198 562
-
pensions
14 423
10 993
10 993
-
income

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

13 116
13 116
37 864
-
health
12 299
10 461
11 570
-
total
39 838
34 570
60 427
-
Employer
80 127
80 127
198 562
-
health
5 570
5 570
6 921
-
pensions
5 577
5 577
6 932
-
unemployment
2 885
2 885
3 584
-
total
14 032
14 032
17 437
-
Corporate
122 824
121 841
-
-
income
24 565
24 368
-
-
total
24 565
24 368
-
-
Dividends
98 259
97 474
-
-
income
20 879
20 714
-
-
withholding
14 738
14 621
-
-
total
35 617
35 335
-
-
Income
216 000
216 000
216 000
216 000
Total tax
114 052
108 305
77 864
100 279
After tax
101 948
107 695
138 136
115 721
Living cost
39 307
39 307
39 307
39 307
Free-cash
62 641
68 388
98 829
76 414

Estimated living cost  is ₽39307 per week

₽27856
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3543
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽625
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7283
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80452
₽69404
₽70314
₽79610
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
216 000
accident
-
-
-
164
other
-
-
-
9 546
unemployment
-
-
-
82
health
-
-
-
5 126
municipal
-
-
-
57 314
national
-
-
-
27 089
pensions
-
-
-
8 881
total
-
-
-
108 202
Employee
53 411
-
190 188
-
municipal
15 927
-
56 714
-
national
-
-
26 586
-
total
15 927
-
83 300
-
Employer
53 411
-
190 188
-
health
3 285
-
5 052
-
pensions
5 774
-
8 881
-
accident
107
-
164
-
unemployment
1 410
-
2 169
-
other
6 206
-
9 546
-
total
16 782
-
25 812
-
Corporate
145 807
216 000
-
-
income
32 078
47 520
-
-
total
32 078
47 520
-
-
Dividends
113 729
168 480
-
-
withholding
34 119
50 544
-
-
total
34 119
50 544
-
-
Income
216 000
216 000
216 000
216 000
Total tax
98 906
98 064
109 112
108 202
After tax
117 094
117 936
106 888
107 798
Living cost
37 484
37 484
37 484
37 484
Free-cash
79 610
80 452
69 404
70 314

Estimated living cost  is ₽37484 per week

₽24843
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3678
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8394
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70888
₽96356
₽68000
₽84072
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
216 000
income

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

-
-
-
72 392
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.

-
-
-
3 981
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.

-
-
-
6 410
trade
-
-
-
28 356
total
-
-
-
111 139
Employee

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

47 583
-
216 000
-
surtax

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

224
-
3 981
-
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.

4 088
-
72 392
-
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.

6 410
-
6 410
-
total
10 722
-
82 783
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
168 417
216 000
-
-
income
25 263
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.

1 389
1 782
-
-
chamber of commerce
383
450
-
-
trade
27 705
35 532
-
-
total
54 740
70 164
-
-
Dividends
113 677
145 835
-
-
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.

1 544
1 985
-
-
withholding
28 062
36 102
-
-
total
29 606
38 087
-
-
Income
216 000
216 000
216 000
216 000
Total tax
95 068
108 251
82 783
111 139
After tax
120 932
107 749
133 217
104 861
Living cost
36 860
36 860
36 860
36 860
Free-cash
84 072
70 888
96 356
68 000

Estimated living cost  is ₽36860 per week

₽24653
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3887
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7771
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽126976
₽112899
₽114663
₽123084
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
216 000
income
-
-
-
50 215
social contributions
-
-
-
15 181
health
-
-
-
5 507
total
-
-
-
70 903
Employee
72 151
72 151
204 146
-
social contributions
3 506
5 988
8 077
-
income
7 576
6 679
49 266
-
health
718
1 227
3 470
-
total
11 800
13 894
60 813
-
Employer
72 151
72 151
204 146
-
health
782
1 335
3 777
-
social contributions
3 506
5 988
8 077
-
total
4 288
7 323
11 854
-
Corporate
169 478
136 525
-
-
income
21 184
17 065
-
-
total
21 184
17 065
-
-
Dividends
148 294
119 460
-
-
withholding
25 210
20 308
-
-
total
25 210
20 308
-
-
Income
216 000
216 000
216 000
216 000
Total tax
62 482
58 590
72 667
70 903
After tax
153 518
157 410
143 333
145 097
Living cost
30 434
30 434
30 434
30 434
Free-cash
123 084
126 976
112 899
114 663

Estimated living cost  is ₽30434 per week

₽20805
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2377
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6741
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽104410
₽108400
₽132817
₽104759
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

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

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

The minimum wage is 138,000 HUF per month.

24 275
9 661
180 753
-
unemployment
364
145
2 711
-
pensions
2 428
966
18 075
-
income
2 968
1 181
22 097
-
health
1 699
676
12 653
-
total
7 459
2 968
55 536
-
Employer

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

The minimum wage is 138,000 HUF per month.

24 275
9 661
180 753
-
pensions
4 734
1 884
35 247
-
total
4 734
1 884
35 247
-
Corporate
186 991
204 455
-
-
income
16 829
18 401
-
-
total
16 829
18 401
-
-
Dividends
170 162
186 054
-
-
social contributions
33 071
36 170
-
-
withholding
32 331
35 350
-
-
total
65 402
71 520
-
-
Income
216 000
216 000
216 000
216 000
Total tax
94 424
94 773
90 783
66 366
After tax
121 576
121 227
125 217
149 634
Living cost
16 817
16 817
16 817
16 817
Free-cash
104 759
104 410
108 400
132 817

Estimated living cost  is ₽16817 per week

₽11476
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1376
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽336
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3629
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽150137
₽101834
₽93113
₽144306
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
216 000
income
-
-
-
28 944
health
-
-
-
28 080
pensions
-
-
-
43 199
total
-
-
-
100 223
Employee
26 618
-
161 435
-
unemployment
426
-
2 584
-
pensions
532
-
3 228
-
income
2 997
-
31 125
-
total
3 955
-
36 937
-
Employer
26 618
-
161 435
-
health
3 460
-
20 986
-
pensions
5 324
-
32 288
-
unemployment
214
-
1 291
-
total
8 998
-
54 565
-
Corporate
180 384
216 000
-
-
income
36 077
43 199
-
-
total
36 077
43 199
-
-
Dividends
144 307
172 801
-
-
total
-
-
-
-
Income
216 000
216 000
216 000
216 000
Total tax
49 030
43 199
91 502
100 223
After tax
166 970
172 801
124 498
115 777
Living cost
22 664
22 664
22 664
22 664
Free-cash
144 306
150 137
101 834
93 113

Estimated living cost  is ₽22664 per week

₽15545
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1350
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5313
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3452
₽98076
₽126536
₽14284
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
216 000
accident
-
-
-
240
income
-
-
-
61 884
other
-
-
-
353
health
-
-
-
2 077
pensions
-
-
-
3 962
total
-
-
-
68 516
Employee
32 952
-
197 378
-
pensions
3 710
-
7 264
-
income
4 521
-
48 490
-
health
3 773
-
22 600
-
total
12 004
-
78 354
-
Employer
32 952
-
197 378
-
pensions
5 358
-
10 490
-
accident
550
-
3 296
-
unemployment
807
-
4 836
-
total
6 715
-
18 622
-
Corporate
176 332
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.

158 699
194 400
-
-
total
158 699
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
96 976
68 516
After tax
35 232
17 496
119 024
147 484
Living cost
20 948
20 948
20 948
20 948
Free-cash
14 284
-3 452
98 076
126 536

Estimated living cost  is ₽20948 per week

₽15353
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1161
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.
₽3997
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽197639
₽165239
₽206279
₽196221
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 450
-
216 000
-
income
1 890
-
43 200
-
total
1 890
-
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%.

206 550
216 000
-
-
total
-
-
-
-
Dividends
206 550
216 000
-
-
withholding
10 328
10 800
-
-
total
10 328
10 800
-
-
Income
216 000
216 000
216 000
216 000
Total tax
12 218
10 800
43 200
2 160
After tax
203 782
205 200
172 800
213 840
Living cost
7 561
7 561
7 561
7 561
Free-cash
196 221
197 639
165 239
206 279

Estimated living cost  is ₽7561 per week

₽4685
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽628
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽208
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2039
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽133695
₽103720
₽105493
₽127357
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
216 000
income
-
-
-
38 205
other
-
-
-
6 777
health
-
-
-
6 278
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.

-
-
-
34 245
total
-
-
-
85 505
Employee
34 069
-
179 747
-
unemployment
340
-
1 426
-
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.

2 384
-
9 987
-
income
5 865
-
37 614
-
health
477
-
1 998
-
total
9 066
-
51 025
-
Employer
34 069
-
179 747
-
health
477
-
1 998
-
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.

5 792
-
24 257
-
accident
272
-
1 439
-
unemployment
340
-
1 426
-
other
1 704
-
7 133
-
total
8 585
-
36 253
-
Corporate
173 345
216 000
-
-
income
36 403
45 359
-
-
total
36 403
45 359
-
-
Dividends
136 942
170 641
-
-
withholding
9 587
11 944
-
-
total
9 587
11 944
-
-
Income
216 000
216 000
216 000
216 000
Total tax
63 641
57 303
87 278
85 505
After tax
152 359
158 697
128 722
130 495
Living cost
25 002
25 002
25 002
25 002
Free-cash
127 357
133 695
103 720
105 493

Estimated living cost  is ₽25002 per week

₽17665
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1688
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽402
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5246
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73217
₽57457
₽76726
₽80765
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
67 137
pensions
-
-
-
9 451
total
-
-
-
76 588
Employee
88 691
-
188 217
-
pensions
8 556
-
11 253
-
income
15 987
-
54 291
-
health
1 461
-
2 531
-
total
26 004
-
68 075
-
Employer
88 691
-
188 217
-
health
1 684
-
3 575
-
pensions
10 472
-
24 207
-
total
12 156
-
27 782
-
Corporate
115 153
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.

21 879
41 039
-
-
total
21 879
41 039
-
-
Dividends
93 274
174 961
-
-
withholding
12 510
39 058
-
-
total
12 510
39 058
-
-
Income
216 000
216 000
216 000
216 000
Total tax
72 549
80 097
95 857
76 588
After tax
143 451
135 903
120 143
139 412
Living cost
62 686
62 686
62 686
62 686
Free-cash
80 765
73 217
57 457
76 726

Estimated living cost  is ₽62686 per week

₽46972
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7365
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽510
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7840
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽172381
₽171571
₽162552
₽168025
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
216 000
income
-
-
-
32 400
unemployment
-
-
-
131
health
-
-
-
3 768
pensions

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

-
-
-
4 850
total
-
-
-
41 149
Employee
16 286
-
209 571
-
accident

We are using the highest rate at 1.1%.

179
-
360
-
pensions

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

1 430
-
2 877
-
income
1 628
-
20 957
-
health
749
-
1 507
-
total
3 986
-
25 701
-
Employer
16 286
-
209 571
-
health
1 124
-
2 261
-
pensions

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

1 795
-
3 611
-
accident

We are using the highest rate at 1.1%.

179
-
360
-
unemployment
97
-
197
-
total
3 195
-
6 429
-
Corporate
196 518
216 000
-
-
income
19 652
21 600
-
-
total
19 652
21 600
-
-
Dividends
176 866
194 400
-
-
withholding
8 843
9 720
-
-
total
8 843
9 720
-
-
Income
216 000
216 000
216 000
216 000
Total tax
35 676
31 320
32 130
41 149
After tax
180 324
184 680
183 870
174 851
Living cost
12 299
12 299
12 299
12 299
Free-cash
168 025
172 381
171 571
162 552

Estimated living cost  is ₽12299 per week

₽7181
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽878
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽326
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3915
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55665
₽86106
₽63691
₽58026
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
77 716
health
-
-
-
11 570
pensions
-
-
-
10 993
total
-
-
-
100 279
Employee
86 993
80 127
198 562
-
pensions
10 993
10 993
10 993
-
income

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

13 116
13 116
37 864
-
health
10 853
10 461
11 570
-
total
34 962
34 570
60 427
-
Employer
86 993
80 127
198 562
-
health
6 045
5 570
6 921
-
pensions
6 054
5 577
6 932
-
unemployment
3 132
2 885
3 584
-
total
15 231
14 032
17 437
-
Corporate
113 776
121 841
-
-
income
22 754
24 368
-
-
total
22 754
24 368
-
-
Dividends
91 022
97 474
-
-
income
19 343
20 714
-
-
withholding
13 654
14 621
-
-
total
32 997
35 335
-
-
Income
216 000
216 000
216 000
216 000
Total tax
105 944
108 305
77 864
100 279
After tax
110 056
107 695
138 136
115 721
Living cost
52 030
52 030
52 030
52 030
Free-cash
58 026
55 665
86 106
63 691

Estimated living cost  is ₽52030 per week

₽38381
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4647
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽597
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8406
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽125705
₽95331
₽104836
₽117495
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
216 000
income
-
-
-
23 059
social contributions
-
-
-
33 111
solidarity contribution
-
-
-
2 823
health
-
-
-
29 160
total
-
-
-
88 153
Employee
33 839
-
172 157
-
solidarity contribution
-
-
1 971
-
social contributions
2 200
-
7 371
-
income
4 061
-
21 232
-
health
4 568
-
23 241
-
total
10 829
-
53 815
-
Employer
33 839
-
172 157
-
health
3 045
-
15 494
-
social contributions
8 460
-
28 349
-
total
11 505
-
43 843
-
Corporate
170 656
216 000
-
-
income
32 425
41 040
-
-
total
32 425
41 040
-
-
Dividends
138 231
174 960
-
-
withholding
20 735
26 244
-
-
total
20 735
26 244
-
-
Income
216 000
216 000
216 000
216 000
Total tax
75 494
67 284
97 658
88 153
After tax
140 506
148 716
118 342
127 847
Living cost
23 011
23 011
23 011
23 011
Free-cash
117 495
125 705
95 331
104 836

Estimated living cost  is ₽23011 per week

₽15983
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1637
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.
₽4938
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75651
₽56858
₽64814
₽70752
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
216 000
social contributions
-
-
-
46 962
regional
-
-
-
2 755
municipal
-
-
-
1 351
national
-
-
-
60 525
total
-
-
-
111 593
Employee
83 391
-
216 000
-
municipal
442
-
1 236
-
national
14 450
-
54 244
-
regional
787
-
2 501
-
social contributions
28 119
-
61 568
-
total
43 798
-
119 549
-
Employer
83 391
-
216 000
-
total
-
-
-
-
Corporate
132 609
216 000
-
-
municipal
5 171
8 424
-
-
nationa
31 827
51 841
-
-
total
36 998
60 265
-
-
Dividends
95 612
155 735
-
-
withholding
24 859
40 491
-
-
total
24 859
40 491
-
-
Income
216 000
216 000
216 000
216 000
Total tax
105 655
100 756
119 549
111 593
After tax
110 345
115 244
96 451
104 407
Living cost
39 593
39 593
39 593
39 593
Free-cash
70 752
75 651
56 858
64 814

Estimated living cost  is ₽39593 per week

₽27599
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2596
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽607
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8789
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽115159
₽75102
₽80840
₽112239
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
216 000
income
-
-
-
68 655
other
-
-
-
-
surtax
-
-
-
11 649
unemployment
-
-
-
214
health
-
-
-
8 891
pensions
-
-
-
25 046
total
-
-
-
114 455
Employee
31 029
-
189 640
-
other
-
-
-
-
unemployment
2 160
-
8 716
-
pensions
2 069
-
8 353
-
surtax
101
-
10 527
-
income
5 201
-
63 044
-
health
792
-
3 193
-
total
10 323
-
93 833
-
Employer
31 029
-
189 640
-
health
1 412
-
5 698
-
pensions
4 136
-
16 693
-
unemployment
983
-
3 969
-
other
-
-
-
-
total
6 531
-
26 360
-
Corporate
178 440
216 000
-
-
income
46 394
56 160
-
-
total
46 394
56 160
-
-
Dividends
132 046
159 840
-
-
withholding
19 808
23 976
-
-
total
19 808
23 976
-
-
Income
216 000
216 000
216 000
216 000
Total tax
83 056
80 136
120 193
114 455
After tax
132 944
135 864
95 807
101 545
Living cost
20 705
20 705
20 705
20 705
Free-cash
112 239
115 159
75 102
80 840

Estimated living cost  is ₽20705 per week

₽12660
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1911
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5657
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93078
₽77318
₽96587
₽99270
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
67 137
pensions
-
-
-
9 451
total
-
-
-
76 588
Employee
59 438
-
188 217
-
pensions
5 045
-
11 253
-
income
10 705
-
54 291
-
health
863
-
2 531
-
total
16 613
-
68 075
-
Employer
59 438
-
188 217
-
health
1 129
-
3 575
-
pensions
6 434
-
24 207
-
total
7 563
-
27 782
-
Corporate
148 998
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.

28 309
41 039
-
-
total
28 309
41 039
-
-
Dividends
120 689
174 961
-
-
withholding
21 420
39 058
-
-
total
21 420
39 058
-
-
Income
216 000
216 000
216 000
216 000
Total tax
73 905
80 097
95 857
76 588
After tax
142 095
135 903
120 143
139 412
Living cost
42 825
42 825
42 825
42 825
Free-cash
99 270
93 078
77 318
96 587

Estimated living cost  is ₽42825 per week

₽32084
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3210
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.
₽7082
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽24685
₽89411
₽97350
₽56384
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
12 073
health
-
-
-
485
city
-
-
-
2 278
national
-
-
-
5 538
pensions
-
-
-
19 871
total
-
-
-
44 564
Employee
86 700
-
194 378
-
unemployment
-
-
-
-
pensions
7 284
-
15 158
-
national
410
-
4 568
-
regional
2 839
-
10 753
-
city
930
-
2 103
-
health
196
-
438
-
total
11 659
-
33 020
-
Employer
86 700
-
194 378
-
health
196
-
438
-
pensions
7 284
-
15 158
-
unemployment
-
-
-
-
other

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

1 733
-
3 887
-
total
9 213
-
19 483
-
Corporate
119 134
216 000
-
-
regional
25 197
45 684
-
-
national
10 127
18 360
-
-
total
35 324
64 044
-
-
Dividends
83 810
151 955
-
-
withholding
29 334
53 185
-
-
total
29 334
53 185
-
-
Income
216 000
216 000
216 000
216 000
Total tax
85 530
117 229
52 503
44 564
After tax
130 470
98 771
163 497
171 436
Living cost
74 086
74 086
74 086
74 086
Free-cash
56 384
24 685
89 411
97 350

Estimated living cost  is ₽74086 per week

₽48177
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6648
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽910
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18351
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽63655
₽90233
₽60671
₽78868
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
216 000
income

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

-
-
-
72 392
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.

-
-
-
3 981
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.

-
-
-
6 410
trade
-
-
-
29 562
total
-
-
-
112 345
Employee

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

56 390
-
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.

365
-
3 981
-
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.

6 631
-
72 392
-
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.

6 410
-
6 410
-
total
13 406
-
82 783
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
159 610
216 000
-
-
income
23 942
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.

1 318
1 782
-
-
chamber of commerce
367
447
-
-
trade
27 373
37 044
-
-
total
53 000
71 673
-
-
Dividends
106 610
144 327
-
-
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.

1 446
1 964
-
-
withholding
26 296
35 724
-
-
total
27 742
37 688
-
-
Income
216 000
216 000
216 000
216 000
Total tax
94 148
109 361
82 783
112 345
After tax
121 852
106 639
133 217
103 655
Living cost
42 984
42 984
42 984
42 984
Free-cash
78 868
63 655
90 233
60 671

Estimated living cost  is ₽42984 per week

₽31394
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3438
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7594
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76760
₽79029
₽85669
₽82304
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
40 980
other
-
-
-
6 697
surtax
-
-
-
-
social contributions
-
-
-
6 154
health
-
-
-
10 716
pensions
-
-
-
33 681
total
-
-
-
98 228
Employee
40 158
-
164 542
-
pensions
4 541
-
12 532
-
surtax
-
-
-
-
social contributions
1 145
-
4 688
-
income
2 370
-
36 190
-
total
8 056
-
53 410
-
Employer
40 158
-
164 542
-
health
2 812
-
16 514
-
pensions
6 597
-
20 903
-
unemployment
1 626
-
6 665
-
social contributions
121
-
493
-
other
1 385
-
6 883
-
total
12 541
-
51 458
-
Corporate
163 301
216 000
-
-
income
45 724
60 480
-
-
surtax
-
-
-
-
total
45 724
60 480
-
-
Dividends
117 577
155 520
-
-
surtax
-
-
-
-
social contributions
20 222
26 750
-
-
withholding
15 050
19 907
-
-
total
35 272
46 657
-
-
Income
216 000
216 000
216 000
216 000
Total tax
101 593
107 137
104 868
98 228
After tax
114 407
108 863
111 132
117 772
Living cost
32 103
32 103
32 103
32 103
Free-cash
82 304
76 760
79 029
85 669

Estimated living cost  is ₽32103 per week

₽20242
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2610
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8705
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79941
₽82210
₽88850
₽85155
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
40 980
other
-
-
-
6 697
surtax
-
-
-
-
social contributions
-
-
-
6 154
health
-
-
-
10 716
pensions
-
-
-
33 681
total
-
-
-
98 228
Employee
35 847
-
164 542
-
pensions
4 054
-
12 532
-
surtax
-
-
-
-
social contributions
1 022
-
4 688
-
income
1 848
-
36 190
-
total
6 924
-
53 410
-
Employer
35 847
-
164 542
-
health
2 509
-
16 514
-
pensions
5 890
-
20 903
-
unemployment
1 451
-
6 665
-
social contributions
107
-
493
-
other
1 238
-
6 883
-
total
11 195
-
51 458
-
Corporate
168 959
216 000
-
-
income
47 309
60 480
-
-
surtax
-
-
-
-
total
47 309
60 480
-
-
Dividends
121 650
155 520
-
-
surtax
-
-
-
-
social contributions
20 924
26 750
-
-
withholding
15 571
19 907
-
-
total
36 495
46 657
-
-
Income
216 000
216 000
216 000
216 000
Total tax
101 923
107 137
104 868
98 228
After tax
114 077
108 863
111 132
117 772
Living cost
28 922
28 922
28 922
28 922
Free-cash
85 155
79 941
82 210
88 850

Estimated living cost  is ₽28922 per week

₽16773
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2938
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8663
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽111885
₽112877
₽118821
₽112372
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
216 000
income
-
-
-
32 400
social contributions
-
-
-
29 807
health
-
-
-
15 076
total
-
-
-
77 283
Employee
31 814
-
216 000
-
social contributions
4 391
-
29 807
-
income
5 306
-
38 344
-
health
2 220
-
15 076
-
total
11 917
-
83 227
-
Employer
31 814
-
216 000
-
total
-
-
-
-
Corporate
184 186
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%.

9 209
10 799
-
-
total
9 209
10 799
-
-
Dividends
174 977
205 201
-
-
social contributions
24 147
28 317
-
-
withholding
26 246
30 780
-
-
health
12 213
14 323
-
-
total
62 606
73 420
-
-
Income
216 000
216 000
216 000
216 000
Total tax
83 732
84 219
83 227
77 283
After tax
132 268
131 781
132 773
138 717
Living cost
19 896
19 896
19 896
19 896
Free-cash
112 372
111 885
112 877
118 821

Estimated living cost  is ₽19896 per week

₽13315
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1227
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4895
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85965
₽23515
₽77513
₽84515
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
216 000
income
-
-
-
69 957
surtax
-
-
-
185
unemployment
-
-
-
5 755
chamber of commerce
-
-
-
864
health
-
-
-
8 385
pensions
-
-
-
20 279
total
-
-
-
105 425
Employee
46 892
37 393
179 188
-
other
468
374
1 097
-
unemployment
1 407
1 122
3 289
-
pensions
4 802
3 828
11 225
-
income
5 338
2 758
58 853
-
health
1 814
1 448
4 241
-
total
13 829
9 530
78 705
-
Employer
46 892
37 393
179 188
-
chamber of commerce
187
150
718
-
health
1 772
1 414
4 143
-
pensions
5 885
4 694
13 757
-
accident
609
486
1 424
-
unemployment
1 407
1 122
3 289
-
surtax
185
185
185
-
payroll
1 407
1 122
5 376
-
other
2 228
1 775
7 920
-
total
13 680
10 948
36 812
-
Corporate
155 429
167 660
175 626
-
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.

38 856
41 916
43 906
-
total
38 856
41 916
43 906
-
Dividends
116 573
125 744
-
-
withholding
32 058
34 579
-
-
total
32 058
34 579
-
-
Income
216 000
216 000
216 000
216 000
Total tax
98 423
96 973
159 423
105 425
After tax
117 577
119 027
56 577
110 575
Living cost
33 062
33 062
33 062
33 062
Free-cash
84 515
85 965
23 515
77 513

Estimated living cost  is ₽33062 per week

₽22051
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2820
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽543
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7648
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84046
₽39006
₽59762
₽72413
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
216 000
communal

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

-
-
-
11 556
social contributions
-
-
-
23 393
national
-
-
-
87 077
total
-
-
-
122 026
Employee

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

67 117
-
167 299
-
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.

584
-
1 455
-
communal

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

3 501
-
8 727
-
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.

5 034
-
12 548
-
national
20 635
-
63 491
-
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.

3 153
-
7 861
-
total
32 907
-
94 082
-
Employer

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

67 117
-
167 299
-
health

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

4 127
-
10 288
-
pensions

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

5 947
-
14 822
-
accident

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

872
-
2 176
-
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.

979
-
2 443
-
surtax
7 610
-
18 971
-
total
19 535
-
48 700
-
Corporate
129 346
216 000
-
-
income
25 869
46 615
-
-
surtax
518
933
-
-
total
26 387
47 548
-
-
Dividends
102 959
168 452
-
-
withholding

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

30 546
50 194
-
-
total
30 546
50 194
-
-
Income
216 000
216 000
216 000
216 000
Total tax
109 375
97 742
142 782
122 026
After tax
106 625
118 258
73 218
93 974
Living cost
34 212
34 212
34 212
34 212
Free-cash
72 413
84 046
39 006
59 762

Estimated living cost  is ₽34212 per week

₽22037
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2991
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.
₽8648
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽109481
₽82828
₽86765
₽103054
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
216 000
accident
-
-
-
783
income
-
-
-
69 258
other
-
-
-
87
unemployment
-
-
-
609
pensions
-
-
-
24 612
total
-
-
-
95 349
Employee
46 707
-
188 274
-
other
46
-
87
-
unemployment
725
-
1 348
-
pensions
2 195
-
4 088
-
income
9 855
-
66 037
-
total
12 821
-
71 560
-
Employer
46 707
-
188 274
-
pensions
11 022
-
20 525
-
accident
924
-
1 722
-
unemployment
2 569
-
4 783
-
other
372
-
696
-
total
14 887
-
27 726
-
Corporate
154 406
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.

23 160
32 400
-
-
total
23 160
32 400
-
-
Dividends
131 245
183 600
-
-
withholding
28 192
40 233
-
-
total
28 192
40 233
-
-
Income
216 000
216 000
216 000
216 000
Total tax
79 060
72 633
99 286
95 349
After tax
136 940
143 367
116 714
120 651
Living cost
33 886
33 886
33 886
33 886
Free-cash
103 054
109 481
82 828
86 765

Estimated living cost  is ₽33886 per week

₽24953
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2404
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6040
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70901
₽58733
₽50120
₽57997
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
216 000
communal
-
-
-
13 652
accident
-
-
-
1 822
income
-
-
-
41 155
surtax
-
-
-
10 709
health
-
-
-
15 176
pensions
-
-
-
32 375
total
-
-
-
114 889
Employee
71 057
-
192 943
-
pensions
5 684
-
15 436
-
surtax
4 355
-
11 825
-
income
6 863
-
47 372
-
health
3 162
-
8 586
-
total
20 064
-
83 219
-
Employer
71 057
-
192 943
-
health
2 167
-
5 885
-
pensions
5 684
-
15 436
-
accident
639
-
1 736
-
total
8 490
-
23 057
-
Corporate
136 453
216 000
-
-
communal
9 211
14 580
-
-
income
20 468
32 400
-
-
surtax
1 433
2 268
-
-
total
31 112
49 248
-
-
Dividends
105 340
166 752
-
-
income
31 545
19 848
-
-
withholding
15 801
25 012
-
-
total
47 346
44 860
-
-
Income
216 000
216 000
216 000
216 000
Total tax
107 012
94 108
106 276
114 889
After tax
108 988
121 892
109 724
101 111
Living cost
50 991
50 991
50 991
50 991
Free-cash
57 997
70 901
58 733
50 120

Estimated living cost  is ₽50991 per week

₽38251
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3089
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.
₽9110
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽114789
₽74732
₽80470
₽111805
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
216 000
income
-
-
-
68 655
other
-
-
-
-
surtax
-
-
-
11 649
unemployment
-
-
-
214
health
-
-
-
8 891
pensions
-
-
-
25 046
total
-
-
-
114 455
Employee
31 599
-
189 640
-
other
-
-
-
-
unemployment
2 199
-
8 716
-
pensions
2 108
-
8 353
-
surtax
112
-
10 527
-
income
5 297
-
63 044
-
health
807
-
3 193
-
total
10 523
-
93 833
-
Employer
31 599
-
189 640
-
health
1 437
-
5 698
-
pensions
4 213
-
16 693
-
unemployment
1 002
-
3 969
-
other
-
-
-
-
total
6 652
-
26 360
-
Corporate
177 749
216 000
-
-
income
46 214
56 160
-
-
total
46 214
56 160
-
-
Dividends
131 535
159 840
-
-
withholding
19 731
23 976
-
-
total
19 731
23 976
-
-
Income
216 000
216 000
216 000
216 000
Total tax
83 120
80 136
120 193
114 455
After tax
132 880
135 864
95 807
101 545
Living cost
21 075
21 075
21 075
21 075
Free-cash
111 805
114 789
74 732
80 470

Estimated living cost  is ₽21075 per week

₽12724
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1832
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6031
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88257
₽70541
₽78454
₽86177
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
216 000
social contributions
-
-
-
46 962
regional
-
-
-
3 432
municipal
-
-
-
1 351
national
-
-
-
60 525
total
-
-
-
112 270
Employee
52 049
-
216 000
-
municipal
276
-
1 236
-
national
8 246
-
54 244
-
regional
701
-
3 135
-
social contributions
17 551
-
61 568
-
total
26 774
-
120 183
-
Employer
52 049
-
216 000
-
total
-
-
-
-
Corporate
163 951
216 000
-
-
municipal
8 148
10 735
-
-
nationa
39 348
51 841
-
-
total
47 496
62 576
-
-
Dividends
116 455
153 424
-
-
withholding
30 277
39 891
-
-
total
30 277
39 891
-
-
Income
216 000
216 000
216 000
216 000
Total tax
104 547
102 467
120 183
112 270
After tax
111 453
113 533
95 817
103 730
Living cost
25 276
25 276
25 276
25 276
Free-cash
86 177
88 257
70 541
78 454

Estimated living cost  is ₽25276 per week

₽15719
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2561
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽433
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6563
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽120361
₽89987
₽99492
₽110245
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
216 000
income
-
-
-
23 059
social contributions
-
-
-
33 111
solidarity contribution
-
-
-
2 823
health
-
-
-
29 160
total
-
-
-
88 153
Employee
41 699
-
172 157
-
solidarity contribution
-
-
1 971
-
social contributions
2 710
-
7 371
-
income
5 004
-
21 232
-
health
5 629
-
23 241
-
total
13 343
-
53 815
-
Employer
41 699
-
172 157
-
health
3 753
-
15 494
-
social contributions
10 425
-
28 349
-
total
14 178
-
43 843
-
Corporate
160 124
216 000
-
-
income
30 424
41 040
-
-
total
30 424
41 040
-
-
Dividends
129 700
174 960
-
-
withholding
19 455
26 244
-
-
total
19 455
26 244
-
-
Income
216 000
216 000
216 000
216 000
Total tax
77 400
67 284
97 658
88 153
After tax
138 600
148 716
118 342
127 847
Living cost
28 355
28 355
28 355
28 355
Free-cash
110 245
120 361
89 987
99 492

Estimated living cost  is ₽28355 per week

₽21087
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1571
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5207
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89191
₽26689
₽80825
₽88730
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
216 000
income
-
-
-
69 957
surtax
-
-
-
-
unemployment
-
-
-
5 755
chamber of commerce
-
-
-
864
health
-
-
-
8 385
pensions
-
-
-
20 279
total
-
-
-
105 240
Employee
41 016
37 393
179 362
-
other
410
374
1 097
-
unemployment
1 230
1 122
3 289
-
pensions
4 200
3 828
11 225
-
income
3 654
2 758
58 936
-
health
1 587
1 448
4 241
-
total
11 081
9 530
78 788
-
Employer
41 016
37 393
179 362
-
chamber of commerce
164
150
718
-
health
1 551
1 414
4 143
-
pensions
5 148
4 694
13 757
-
accident
532
486
1 424
-
unemployment
1 230
1 122
3 289
-
surtax
-
-
-
-
payroll
1 230
1 122
5 381
-
other
1 948
1 775
7 925
-
total
11 803
10 763
36 637
-
Corporate
163 180
167 845
175 801
-
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.

40 796
41 962
43 951
-
total
40 796
41 962
43 951
-
Dividends
122 385
125 883
-
-
withholding
33 655
34 619
-
-
total
33 655
34 619
-
-
Income
216 000
216 000
216 000
216 000
Total tax
97 335
96 874
159 376
105 240
After tax
118 665
119 126
56 624
110 760
Living cost
29 935
29 935
29 935
29 935
Free-cash
88 730
89 191
26 689
80 825

Estimated living cost  is ₽29935 per week

₽17957
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3057
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽534
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8387
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

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
₽193418
₽161018
₽202058
₽191208
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
216 000
microenterprise

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

-
-
-
2 160
total
-
-
-
2 160
Employee
14 727
-
216 000
-
income
2 946
-
43 200
-
total
2 946
-
43 200
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

201 273
216 000
-
-
total
-
-
-
-
Dividends
201 273
216 000
-
-
withholding
10 064
10 800
-
-
total
10 064
10 800
-
-
Income
216 000
216 000
216 000
216 000
Total tax
13 010
10 800
43 200
2 160
After tax
202 990
205 200
172 800
213 840
Living cost
11 782
11 782
11 782
11 782
Free-cash
191 208
193 418
161 018
202 058

Estimated living cost  is ₽11782 per week

₽7973
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽495
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽395
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2919
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽123550
₽69906
₽74596
₽115698
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

A sole-trader pays social contribution from 75% of the assessed income made in the last year.

The minimum monthly assessed income used to calculate contributions is 60% of the insured's average monthly wage in the last year.

The maximum assessed income used to calculate contributions is 3.5 times the insured's average monthly wage in the last year.

-
-
-
216 000
income
-
-
-
55 210
unemployment
-
-
-
324
health
-
-
-
21 255
pensions
-
-
-
39 448
total
-
-
-
116 237
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.

41 492
-
186 899
-
unemployment
59
-
262
-
pensions
6 432
-
28 969
-
income
7 155
-
50 522
-
health
2 680
-
12 074
-
total
16 326
-
91 827
-
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.

41 492
-
186 899
-
health
2 764
-
12 448
-
pensions
3 672
-
16 540
-
unemployment
25
-
112
-
total
6 461
-
29 100
-
Corporate
168 048
216 000
-
-
income
31 930
41 039
-
-
total
31 930
41 039
-
-
Dividends
136 118
174 961
-
-
withholding
20 418
26 244
-
-
total
20 418
26 244
-
-
Income
216 000
216 000
216 000
216 000
Total tax
75 135
67 283
120 927
116 237
After tax
140 865
148 717
95 073
99 763
Living cost
25 167
25 167
25 167
25 167
Free-cash
115 698
123 550
69 906
74 596

Estimated living cost  is ₽25167 per week

₽17272
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1613
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5796
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91334
₽163700
₽109193
₽47152
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
216 000
income
-
-
-
42 103
social contributions
-
-
-
24 624
total
-
-
-
66 727
Employee
57 469
-
-
-
social contributions
4 712
-
672
-
income
12 676
-
-
-
total
17 388
-
672
-
Employer
57 469
-
-
-
social contributions
81 031
-
11 548
-
total
81 031
-
11 548
-
Corporate
77 500
216 000
-
-
income
17 050
47 520
-
-
total
17 050
47 520
-
-
Dividends
60 450
168 480
-
-
income
13 299
37 066
-
-
total
13 299
37 066
-
-
Income
216 000
216 000
216 000
216 000
Total tax
128 768
84 586
12 220
66 727
After tax
87 232
131 414
203 780
149 273
Living cost
40 080
40 080
40 080
40 080
Free-cash
47 152
91 334
163 700
109 193

Estimated living cost  is ₽40080 per week

₽26005
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3769
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9794
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93430
₽65941
₽82991
₽92484
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Based on articles 30.º, 31.º and 151.º of CIRS, sole-trader can use 75% of income as a tax base when earnings are below €200,000 per annum.

-
-
-
216 000
income
-
-
-
28 517
surtax
-
-
-
-
social contributions

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

-
-
-
75 060
total
-
-
-
103 577
Employee
43 155
-
174 546
-
surtax
-
-
322
-
social contributions
4 747
-
19 200
-
income
8 976
-
59 651
-
total
13 723
-
79 173
-
Employer
43 155
-
174 546
-
social contributions
10 249
-
41 454
-
total
10 249
-
41 454
-
Corporate
162 596
216 000
-
-
income
34 145
45 359
-
-
surtax
-
-
-
-
total
34 145
45 359
-
-
Dividends
128 451
170 641
-
-
withholding
35 967
47 779
-
-
total
35 967
47 779
-
-
Income
216 000
216 000
216 000
216 000
Total tax
94 084
93 138
120 627
103 577
After tax
121 916
122 862
95 373
112 423
Living cost
29 432
29 432
29 432
29 432
Free-cash
92 484
93 430
65 941
82 991

Estimated living cost  is ₽29432 per week

₽22021
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1736
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5183
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63544
₽65813
₽72453
₽69995
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
40 980
other
-
-
-
6 697
surtax
-
-
-
-
social contributions
-
-
-
6 154
health
-
-
-
10 716
pensions
-
-
-
33 681
total
-
-
-
98 228
Employee
58 768
-
164 542
-
pensions
6 647
-
12 532
-
surtax
-
-
-
-
social contributions
1 674
-
4 688
-
income
5 128
-
36 190
-
total
13 449
-
53 410
-
Employer
58 768
-
164 542
-
health
4 113
-
16 514
-
pensions
9 656
-
20 903
-
unemployment
2 381
-
6 665
-
social contributions
176
-
493
-
other
2 028
-
6 883
-
total
18 354
-
51 458
-
Corporate
138 878
216 000
-
-
income
38 885
60 480
-
-
surtax
-
-
-
-
total
38 885
60 480
-
-
Dividends
99 993
155 520
-
-
surtax
-
-
-
-
social contributions
17 199
26 750
-
-
withholding
12 799
19 907
-
-
total
29 998
46 657
-
-
Income
216 000
216 000
216 000
216 000
Total tax
100 686
107 137
104 868
98 228
After tax
115 314
108 863
111 132
117 772
Living cost
45 319
45 319
45 319
45 319
Free-cash
69 995
63 544
65 813
72 453

Estimated living cost  is ₽45319 per week

₽30671
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3707
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽621
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10319
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽166194
₽134864
₽129124
₽163043
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 150
social contributions
-
-
-
47 521
total
-
-
-
58 671
Employee
30 166
-
187 013
-
income
-
-
11 788
-
social contributions
1 960
-
12 156
-
total
1 960
-
23 944
-
Employer
30 166
-
187 013
-
social contributions
4 676
-
28 987
-
total
4 676
-
28 987
-
Corporate
181 159
216 000
-
-
income
18 116
21 601
-
-
total
18 116
21 601
-
-
Dividends
163 043
194 399
-
-
total
-
-
-
-
Income
216 000
216 000
216 000
216 000
Total tax
24 752
21 601
52 931
58 671
After tax
191 248
194 399
163 069
157 329
Living cost
28 205
28 205
28 205
28 205
Free-cash
163 043
166 194
134 864
129 124

Estimated living cost  is ₽28205 per week

₽18237
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2126
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.
₽7311
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11574
₽11574
₽79274
₽6591
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
216 000
labour market
-
-
-
17 215
municipal
-
-
-
46 500
national
-
-
-
27 011
pensions
-
-
-
813
total
-
-
-
91 539
Employee
190 722
190 722
190 722
-
municipal
40 613
40 613
40 613
-
labour market
15 236
15 236
15 236
-
pensions
271
271
271
-
national
23 300
23 300
23 300
-
total
79 420
79 420
79 420
-
Employer
190 722
190 722
190 722
-
national
23 341
23 341
23 341
-
labour market
15 258
15 258
15 258
-
pensions
542
542
542
-
municipal
40 678
40 678
40 678
-
total
79 819
79 819
79 819
-
Corporate
11 574
-
-
-
income
2 546
-
-
-
total
2 546
-
-
-
Dividends
9 028
-
-
-
withholding
2 437
-
-
-
total
2 437
-
-
-
Income
216 000
216 000
216 000
216 000
Total tax
164 222
159 239
159 239
91 539
After tax
51 778
56 761
56 761
124 461
Living cost
45 187
45 187
45 187
45 187
Free-cash
6 591
11 574
11 574
79 274

Estimated living cost  is ₽45187 per week

₽30926
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3997
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽695
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9568
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3143
₽98385
₽126845
₽14330
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
216 000
accident
-
-
-
240
income
-
-
-
61 884
other
-
-
-
353
health
-
-
-
2 077
pensions
-
-
-
3 962
total
-
-
-
68 516
Employee
32 466
-
197 378
-
pensions
3 656
-
7 264
-
income
4 454
-
48 490
-
health
3 718
-
22 600
-
total
11 828
-
78 354
-
Employer
32 466
-
197 378
-
pensions
5 279
-
10 490
-
accident
542
-
3 296
-
unemployment
796
-
4 836
-
total
6 617
-
18 622
-
Corporate
176 917
216 000
-
-
income

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

159 225
194 400
-
-
total
159 225
194 400
-
-
Dividends
17 692
21 600
-
-
withholding
3 361
4 104
-
-
total
3 361
4 104
-
-
Income
216 000
216 000
216 000
216 000
Total tax
181 031
198 504
96 976
68 516
After tax
34 969
17 496
119 024
147 484
Living cost
20 639
20 639
20 639
20 639
Free-cash
14 330
-3 143
98 385
126 845

Estimated living cost  is ₽20639 per week

₽15023
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1177
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽387
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4052
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96176
₽71182
₽95924
₽99072
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
216 000
health
-
-
-
2 934
municipal
-
-
-
38 353
national
-
-
-
42 765
total
-
-
-
84 052
Employee
49 366
-
181 711
-
municipal
8 086
-
29 576
-
unemployment
741
-
2 726
-
pensions
3 332
-
12 265
-
national
816
-
27 530
-
health
369
-
2 407
-
total
13 344
-
74 504
-
Employer
49 366
-
181 711
-
health
379
-
1 400
-
pensions
8 565
-
31 527
-
accident
50
-
182
-
unemployment
321
-
1 181
-
total
9 315
-
34 290
-
Corporate
157 319
216 000
-
-
income
31 463
43 199
-
-
total
31 463
43 199
-
-
Dividends

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

94 392
129 600
-
-
municipal
16 991
23 328
-
-
national
9 791
17 273
-
-
total
26 782
40 601
-
-
Income
216 000
216 000
216 000
216 000
Total tax
80 904
83 800
108 794
84 052
After tax
135 096
132 200
107 206
131 948
Living cost
36 024
36 024
36 024
36 024
Free-cash
99 072
96 176
71 182
95 924

Estimated living cost  is ₽36024 per week

₽23531
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3465
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8456
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽135686
₽121609
₽123373
₽130578
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
216 000
income
-
-
-
50 215
social contributions
-
-
-
15 181
health
-
-
-
5 507
total
-
-
-
70 903
Employee
72 151
72 151
204 146
-
social contributions
2 728
5 988
8 077
-
income
7 856
6 679
49 266
-
health
559
1 227
3 470
-
total
11 143
13 894
60 813
-
Employer
72 151
72 151
204 146
-
health
607
1 335
3 777
-
social contributions
2 728
5 988
8 077
-
total
3 335
7 323
11 854
-
Corporate
179 798
136 525
-
-
income
22 475
17 065
-
-
total
22 475
17 065
-
-
Dividends
157 323
119 460
-
-
withholding
26 745
20 308
-
-
total
26 745
20 308
-
-
Income
216 000
216 000
216 000
216 000
Total tax
63 698
58 590
72 667
70 903
After tax
152 302
157 410
143 333
145 097
Living cost
21 724
21 724
21 724
21 724
Free-cash
130 578
135 686
121 609
123 373

Estimated living cost  is ₽21724 per week

₽13020
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2131
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6093
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽163972
₽150496
₽169316
₽159200
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

By law (Article 9 §1 (7); Article 10 §1 (7); Article 11 §1 (5)) a social contribution base is set as:

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
216 000
income
-
-
-
22 395
unemployment
-
-
-
27
health
-
-
-
3 396
pensions
-
-
-
5 969
total
-
-
-
31 787
Employee

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

21 537
-
206 830
-
unemployment
107
-
445
-
pensions
3 230
-
13 355
-
income
1 473
-
20 069
-
health
1 830
-
7 568
-
total
6 640
-
41 437
-
Employer

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

21 537
-
206 830
-
health
926
-
3 828
-
pensions
1 184
-
4 897
-
unemployment
107
-
445
-
total
2 217
-
9 170
-
Corporate
192 246
216 000
-
-
income
17 302
19 441
-
-
total
17 302
19 441
-
-
Dividends
174 944
196 559
-
-
withholding
15 744
17 690
-
-
total
15 744
17 690
-
-
Income
216 000
216 000
216 000
216 000
Total tax
41 903
37 131
50 607
31 787
After tax
174 097
178 869
165 393
184 213
Living cost
14 897
14 897
14 897
14 897
Free-cash
159 200
163 972
150 496
169 316

Estimated living cost  is ₽14897 per week

₽9505
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1074
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽443
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3875
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽117565
₽90912
₽94849
₽113418
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
216 000
accident
-
-
-
783
income
-
-
-
69 258
other
-
-
-
87
unemployment
-
-
-
609
pensions
-
-
-
24 612
total
-
-
-
95 349
Employee
34 695
-
188 274
-
other
34
-
87
-
unemployment
538
-
1 348
-
pensions
1 631
-
4 088
-
income
6 689
-
66 037
-
total
8 892
-
71 560
-
Employer
34 695
-
188 274
-
pensions
8 187
-
20 525
-
accident
687
-
1 722
-
unemployment
1 909
-
4 783
-
other
278
-
696
-
total
11 061
-
27 726
-
Corporate
170 244
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.

25 538
32 400
-
-
total
25 538
32 400
-
-
Dividends
144 707
183 600
-
-
withholding
31 289
40 233
-
-
total
31 289
40 233
-
-
Income
216 000
216 000
216 000
216 000
Total tax
76 780
72 633
99 286
95 349
After tax
139 220
143 367
116 714
120 651
Living cost
25 802
25 802
25 802
25 802
Free-cash
113 418
117 565
90 912
94 849

Estimated living cost  is ₽25802 per week

₽17416
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2480
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽452
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5454
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽132884
₽137249
₽137384
₽132572
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
74 325
health
-
-
-
1 005
pensions
-
-
-
1 386
total
-
-
-
76 716
Employee
2 894
-
214 441
-
unemployment
29
-
69
-
pensions
260
-
624
-
income
560
-
74 252
-
health
145
-
347
-
total
994
-
75 292
-
Employer
2 894
-
214 441
-
health
275
-
658
-
pensions
318
-
762
-
unemployment
58
-
139
-
total
651
-
1 559
-
Corporate
212 454
216 000
-
-
income
46 740
47 520
-
-
total
46 740
47 520
-
-
Dividends
165 714
168 480
-
-
withholding
33 143
33 696
-
-
total
33 143
33 696
-
-
Income
216 000
216 000
216 000
216 000
Total tax
81 528
81 216
76 851
76 716
After tax
134 472
134 784
139 149
139 284
Living cost
1 900
1 900
1 900
1 900
Free-cash
132 572
132 884
137 249
137 384

Estimated living cost  is ₽1900 per week

₽1129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽44
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽573
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽139864
₽123554
₽123554
₽135255
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
216 000
income
-
-
-
50 088
unemployment
-
-
-
1 038
health
-
-
-
7 129
pensions
-
-
-
17 995
total
-
-
-
76 250
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.

24 423
-
203 611
-
unemployment
183
-
519
-
pensions
3 419
-
9 690
-
income
3 367
-
50 088
-
health
1 258
-
3 564
-
total
8 227
-
63 861
-
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.

24 423
-
203 611
-
health
1 258
-
3 564
-
pensions
2 931
-
8 306
-
unemployment
183
-
519
-
total
4 372
-
12 389
-
Corporate
187 205
216 000
-
-
income
28 081
32 400
-
-
total
28 081
32 400
-
-
Dividends
159 124
183 600
-
-
withholding
23 869
27 540
-
-
total
23 869
27 540
-
-
Income
216 000
216 000
216 000
216 000
Total tax
64 549
59 940
76 250
76 250
After tax
151 451
156 060
139 750
139 750
Living cost
16 196
16 196
16 196
16 196
Free-cash
135 255
139 864
123 554
123 554

Estimated living cost  is ₽16196 per week

₽10905
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1253
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3570
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97566
₽70077
₽87127
₽97228
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Based on articles 30.º, 31.º and 151.º of CIRS, sole-trader can use 75% of income as a tax base when earnings are below €200,000 per annum.

-
-
-
216 000
income
-
-
-
28 517
surtax
-
-
-
-
social contributions

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

-
-
-
75 060
total
-
-
-
103 577
Employee
36 418
-
174 546
-
surtax
-
-
322
-
social contributions
4 006
-
19 200
-
income
7 116
-
59 651
-
total
11 122
-
79 173
-
Employer
36 418
-
174 546
-
social contributions
8 648
-
41 454
-
total
8 648
-
41 454
-
Corporate
170 934
216 000
-
-
income
35 895
45 359
-
-
surtax
-
-
-
-
total
35 895
45 359
-
-
Dividends
135 039
170 641
-
-
withholding
37 811
47 779
-
-
total
37 811
47 779
-
-
Income
216 000
216 000
216 000
216 000
Total tax
93 476
93 138
120 627
103 577
After tax
122 524
122 862
95 373
112 423
Living cost
25 296
25 296
25 296
25 296
Free-cash
97 228
97 566
70 077
87 127

Estimated living cost  is ₽25296 per week

₽17916
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1757
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5174
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽110391
₽83738
₽87675
₽104250
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
216 000
accident
-
-
-
783
income
-
-
-
69 258
other
-
-
-
87
unemployment
-
-
-
609
pensions
-
-
-
24 612
total
-
-
-
95 349
Employee
45 316
-
188 274
-
other
45
-
87
-
unemployment
702
-
1 348
-
pensions
2 130
-
4 088
-
income
9 465
-
66 037
-
total
12 342
-
71 560
-
Employer
45 316
-
188 274
-
pensions
10 694
-
20 525
-
accident
897
-
1 722
-
unemployment
2 493
-
4 783
-
other
363
-
696
-
total
14 447
-
27 726
-
Corporate
156 236
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.

23 435
32 400
-
-
total
23 435
32 400
-
-
Dividends
132 802
183 600
-
-
withholding
28 550
40 233
-
-
total
28 550
40 233
-
-
Income
216 000
216 000
216 000
216 000
Total tax
78 774
72 633
99 286
95 349
After tax
137 226
143 367
116 714
120 651
Living cost
32 976
32 976
32 976
32 976
Free-cash
104 250
110 391
83 738
87 675

Estimated living cost  is ₽32976 per week

₽23682
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2564
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6266
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽168543
₽167733
₽158714
₽162825
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
216 000
income
-
-
-
32 400
unemployment
-
-
-
131
health
-
-
-
3 768
pensions

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

-
-
-
4 850
total
-
-
-
41 149
Employee
21 368
-
209 571
-
accident

We are using the highest rate at 1.1%.

235
-
360
-
pensions

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

1 876
-
2 877
-
income
2 137
-
20 957
-
health
983
-
1 507
-
total
5 231
-
25 701
-
Employer
21 368
-
209 571
-
health
1 475
-
2 261
-
pensions

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

2 355
-
3 611
-
accident

We are using the highest rate at 1.1%.

235
-
360
-
unemployment
128
-
197
-
total
4 193
-
6 429
-
Corporate
190 440
216 000
-
-
income
19 044
21 600
-
-
total
19 044
21 600
-
-
Dividends
171 395
194 400
-
-
withholding
8 570
9 720
-
-
total
8 570
9 720
-
-
Income
216 000
216 000
216 000
216 000
Total tax
37 038
31 320
32 130
41 149
After tax
178 962
184 680
183 870
174 851
Living cost
16 137
16 137
16 137
16 137
Free-cash
162 825
168 543
167 733
158 714

Estimated living cost  is ₽16137 per week

₽10673
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽924
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽385
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4156
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74855
₽96992
₽72256
₽87132
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
216 000
income

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

-
-
-
72 392
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.

-
-
-
3 981
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.

-
-
-
6 410
trade
-
-
-
24 736
total
-
-
-
107 519
Employee

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

46 686
-
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.

212
-
3 981
-
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.

3 839
-
72 392
-
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.

6 410
-
6 410
-
total
10 461
-
82 783
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
169 314
216 000
-
-
income
25 397
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.

1 396
1 782
-
-
chamber of commerce
390
459
-
-
trade
24 296
30 997
-
-
total
51 479
65 638
-
-
Dividends
117 834
150 361
-
-
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.

1 601
2 048
-
-
withholding
29 102
37 234
-
-
total
30 703
39 282
-
-
Income
216 000
216 000
216 000
216 000
Total tax
92 643
104 920
82 783
107 519
After tax
123 357
111 080
133 217
108 481
Living cost
36 225
36 225
36 225
36 225
Free-cash
87 132
74 855
96 992
72 256

Estimated living cost  is ₽36225 per week

₽24989
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3898
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽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

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
₽97750
₽54447
₽54447
₽99821
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
216 000
income
-
-
-
70 891
social contributions
-
-
-
37 212
total
-
-
-
108 103
Employee
73 396
-
216 000
-
income
13 850
-
70 891
-
social contributions
6 098
-
37 212
-
total
19 948
-
108 103
-
Employer
73 396
-
216 000
-
total
-
-
-
-
Corporate
142 604
216 000
-
-
income
17 826
26 999
-
-
total
17 826
26 999
-
-
Dividends
124 778
189 001
-
-
withholding
24 955
37 801
-
-
total
24 955
37 801
-
-
Income
216 000
216 000
216 000
216 000
Total tax
62 729
64 800
108 103
108 103
After tax
153 271
151 200
107 897
107 897
Living cost
53 450
53 450
53 450
53 450
Free-cash
99 821
97 750
54 447
54 447

Estimated living cost  is ₽53450 per week

₽40664
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4355
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7920
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽101383
₽116424
₽143852
₽104660
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
216 000
income
-
-
-
32 400
health

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

-
-
-
5 687
total
-
-
-
38 087
Employee
43 044
-
211 684
-
income
4 671
-
56 883
-
social contributions
4 313
-
4 316
-
total
8 984
-
61 199
-
Employer
43 044
-
211 684
-
social contributions
4 313
-
4 316
-
total
4 313
-
4 316
-
Corporate
168 643
216 000
-
-
income
59 025
75 599
-
-
total
59 025
75 599
-
-
Dividends
109 618
140 401
-
-
social contributions
4 957
4 957
-
-
total
4 957
4 957
-
-
Income
216 000
216 000
216 000
216 000
Total tax
77 279
80 556
65 515
38 087
After tax
138 721
135 444
150 485
177 913
Living cost
34 061
34 061
34 061
34 061
Free-cash
104 660
101 383
116 424
143 852

Estimated living cost  is ₽34061 per week

₽22436
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2685
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8417
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽101088
₽85328
₽104597
₽106636
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
67 137
pensions
-
-
-
9 451
total
-
-
-
76 588
Employee
47 789
-
188 217
-
pensions
3 648
-
11 253
-
income
8 703
-
54 291
-
health
623
-
2 531
-
total
12 974
-
68 075
-
Employer
47 789
-
188 217
-
health
908
-
3 575
-
pensions
4 828
-
24 207
-
total
5 736
-
27 782
-
Corporate
162 474
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.

30 871
41 039
-
-
total
30 871
41 039
-
-
Dividends
131 604
174 961
-
-
withholding
24 968
39 058
-
-
total
24 968
39 058
-
-
Income
216 000
216 000
216 000
216 000
Total tax
74 549
80 097
95 857
76 588
After tax
141 451
135 903
120 143
139 412
Living cost
34 815
34 815
34 815
34 815
Free-cash
106 636
101 088
85 328
104 597

Estimated living cost  is ₽34815 per week

₽23883
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3202
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽436
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7293
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽5186
₽96342
₽124802
₽14017
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
216 000
accident
-
-
-
240
income
-
-
-
61 884
other
-
-
-
353
health
-
-
-
2 077
pensions
-
-
-
3 962
total
-
-
-
68 516
Employee
35 680
-
197 378
-
pensions
4 018
-
7 264
-
income
4 895
-
48 490
-
health
4 085
-
22 600
-
total
12 998
-
78 354
-
Employer
35 680
-
197 378
-
pensions
5 801
-
10 490
-
accident
596
-
3 296
-
unemployment
874
-
4 836
-
total
7 271
-
18 622
-
Corporate
173 049
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.

155 744
194 400
-
-
total
155 744
194 400
-
-
Dividends
17 305
21 600
-
-
withholding
3 288
4 104
-
-
total
3 288
4 104
-
-
Income
216 000
216 000
216 000
216 000
Total tax
179 301
198 504
96 976
68 516
After tax
36 699
17 496
119 024
147 484
Living cost
22 682
22 682
22 682
22 682
Free-cash
14 017
-5 186
96 342
124 802

Estimated living cost  is ₽22682 per week

₽16646
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1322
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.
₽4257
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽152563
₽146306
₽125670
₽149724
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Sole-trader should pay social contributions from a minimum of 50% of an average salary to a maximum of twelve average salaries. The minimum personal income for the first year should be at least 50% of an average salary.

-
-
-
216 000
income
-
-
-
36 380
unemployment
-
-
-
1 801
work injury
-
-
-
750
health insurance
-
-
-
11 106
pensions
-
-
-
27 616
total
-
-
-
77 653
Employee

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

20 283
-
216 000
-
health insurance
1 501
-
5 553
-
unemployment
243
-
901
-
work injury
101
-
375
-
pensions
3 732
-
13 808
-
income
2 028
-
36 380
-
total
7 605
-
57 017
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
195 717
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%.

19 572
21 600
-
-
total
19 572
21 600
-
-
Dividends
176 145
194 400
-
-
withholding
26 422
29 160
-
-
total
26 422
29 160
-
-
Income
216 000
216 000
216 000
216 000
Total tax
53 599
50 760
57 017
77 653
After tax
162 401
165 240
158 983
138 347
Living cost
12 677
12 677
12 677
12 677
Free-cash
149 724
152 563
146 306
125 670

Estimated living cost  is ₽12677 per week

₽7853
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽921
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽395
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3507
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76393
₽56587
₽64296
₽72125
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
216 000
social contributions
-
-
-
46 962
regional
-
-
-
5 316
municipal
-
-
-
1 521
national
-
-
-
60 525
total
-
-
-
114 324
Employee
79 067
-
216 000
-
municipal
472
-
1 391
-
national
13 362
-
54 244
-
regional
1 194
-
4 830
-
social contributions
26 661
-
61 568
-
total
41 689
-
122 033
-
Employer
79 067
-
216 000
-
total
-
-
-
-
Corporate
136 933
216 000
-
-
municipal
6 601
10 411
-
-
nationa
32 863
51 841
-
-
total
39 464
62 252
-
-
Dividends
97 469
153 748
-
-
withholding
25 342
39 975
-
-
total
25 342
39 975
-
-
Income
216 000
216 000
216 000
216 000
Total tax
106 495
102 227
122 033
114 324
After tax
109 505
113 773
93 967
101 676
Living cost
37 380
37 380
37 380
37 380
Free-cash
72 125
76 393
56 587
64 296

Estimated living cost  is ₽37380 per week

₽26257
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2571
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽564
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7986
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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

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

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

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

Close

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

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

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

Close