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
₽78104
₽89345
₽76930
₽103510
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
216 000
trade
-
-
-
26 580
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.

-
-
-
70 874
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.

-
-
-
6 941
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.

-
-
-
3 899
total
-
-
-
108 294
Employee

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

38 862
-
216 000
-
health

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

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

6 941
-
6 941
-
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.

60
-
3 899
-
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.

1 086
-
70 874
-
total
8 087
-
81 714
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
177 138
216 000
-
-
surtax

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

1 462
1 782
-
-
income
26 570
32 399
-
-
trade
27 899
34 021
-
-
chamber of commerce
409
465
-
-
total
56 340
68 667
-
-
Dividends
120 798
147 334
-
-
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.

1 639
2 005
-
-
withholding
29 813
36 448
-
-
total
31 452
38 453
-
-
Income
216 000
216 000
216 000
216 000
Total tax
95 879
107 120
81 714
108 294
After tax
120 121
108 880
134 286
107 706
Living cost
30 776
30 776
30 776
30 776
Free-cash
89 345
78 104
103 510
76 930

Estimated living cost  is ₽30776 per week

₽19359
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3588
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7254
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83517
₽82665
₽72614
₽73775
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
216 000
municipal
-
-
-
23 931
pensions
-
-
-
25 920
national
-
-
-
39 946
social contributions
-
-
-
2 322
total
-
-
-
92 119
Employee
79 474
-
186 730
-
municipal
9 816
-
24 767
-
pensions
3 179
-
7 469
-
national
15 211
-
41 777
-
total
28 206
-
74 013
-
Employer
79 474
-
186 730
-
social contributions
854
-
2 007
-
pensions
6 358
-
14 938
-
total
7 212
-
16 945
-
Corporate
124 069
216 000
-
-
income

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

24 814
43 200
-
-
total
24 814
43 200
-
-
Dividends
99 255
172 800
-
-
withholding
21 836
38 016
-
-
total
21 836
38 016
-
-
Income
216 000
216 000
216 000
216 000
Total tax
82 068
81 216
90 958
92 119
After tax
133 932
134 784
125 042
123 881
Living cost
51 267
51 267
51 267
51 267
Free-cash
82 665
83 517
73 775
72 614

Estimated living cost  is ₽51267 per week

₽34846
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4766
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽767
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10888
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽151661
₽143328
₽56581
₽72113
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
microenterprise
-
-
-
-
income
-
-
-
44 271
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.

-
-
-
38 930
total
-
-
-
138 281
Employee
29 690
-
168 314
-
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.

3 266
-
13 320
-
surtax
-
-
24 405
-
income
5 285
-
37 339
-
total
8 551
-
75 064
-
Employer
29 690
-
168 314
-
social contributions

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

7 152
-
29 171
-
surtax
-
-
18 514
-
total
7 152
-
47 685
-
Corporate
179 159
216 000
-
-
income

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

35 831
43 201
-
-
total
35 831
43 201
-
-
Dividends

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

143 327
172 799
-
-
total
-
-
-
-
Income
216 000
216 000
216 000
216 000
Total tax
51 534
43 201
122 749
138 281
After tax
164 466
172 799
93 251
77 719
Living cost
21 138
21 138
21 138
21 138
Free-cash
143 328
151 661
72 113
56 581

Estimated living cost  is ₽21138 per week

₽13486
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2013
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5160
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64929
₽58706
₽74109
₽95601
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
74 893
pensions
-
-
-
11 905
health
-
-
-
12 529
total
-
-
-
99 327
Employee
86 768
86 768
197 117
-
health
13 318
11 328
12 529
-
income

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

14 202
14 202
34 519
-
pensions
15 618
11 905
11 905
-
total
43 138
37 435
58 953
-
Employer
86 768
86 768
197 117
-
unemployment
3 124
3 124
3 881
-
pensions
6 039
6 039
7 506
-
health
6 031
6 031
7 495
-
total
15 194
15 194
18 882
-
Corporate
115 103
114 038
-
-
income
23 020
22 808
-
-
total
23 020
22 808
-
-
Dividends
92 082
91 230
-
-
income
19 567
19 386
-
-
withholding
13 811
13 684
-
-
total
33 378
33 070
-
-
Income
216 000
216 000
216 000
216 000
Total tax
114 730
108 507
77 835
99 327
After tax
101 270
107 493
138 165
116 673
Living cost
42 564
42 564
42 564
42 564
Free-cash
58 706
64 929
95 601
74 109

Estimated living cost  is ₽42564 per week

₽30164
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3837
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽677
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7886
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78794
₽77915
₽69107
₽68157
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
216 000
municipal
-
-
-
57 000
accident
-
-
-
172
pensions
-
-
-
9 273
other
-
-
-
9 968
unemployment
-
-
-
86
health
-
-
-
5 353
national
-
-
-
25 899
total
-
-
-
107 751
Employee
55 773
-
189 047
-
municipal
16 632
-
56 374
-
national
-
-
25 373
-
total
16 632
-
81 747
-
Employer
55 773
-
189 047
-
accident
112
-
172
-
other
6 481
-
9 968
-
unemployment
1 472
-
2 265
-
pensions
6 029
-
9 273
-
health
3 430
-
5 276
-
total
17 524
-
26 954
-
Corporate
142 703
216 000
-
-
income
31 395
47 520
-
-
total
31 395
47 520
-
-
Dividends
111 308
168 480
-
-
withholding
33 392
50 544
-
-
total
33 392
50 544
-
-
Income
216 000
216 000
216 000
216 000
Total tax
98 943
98 064
108 701
107 751
After tax
117 057
117 936
107 299
108 249
Living cost
39 142
39 142
39 142
39 142
Free-cash
77 915
78 794
68 157
69 107

Estimated living cost  is ₽39142 per week

₽25941
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3841
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽594
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8765
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67857
₽82131
₽66609
₽94371
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
216 000
trade
-
-
-
27 762
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.

-
-
-
70 874
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.

-
-
-
6 941
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.

-
-
-
3 899
total
-
-
-
109 476
Employee

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

51 527
-
216 000
-
health

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

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

6 941
-
6 941
-
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.

243
-
3 899
-
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.

4 427
-
70 874
-
total
11 611
-
81 714
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
164 473
216 000
-
-
surtax

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

1 357
1 782
-
-
income
24 671
32 399
-
-
trade
27 056
35 532
-
-
chamber of commerce
388
461
-
-
total
53 472
70 174
-
-
Dividends
111 001
145 826
-
-
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.

1 506
1 984
-
-
withholding
27 365
36 070
-
-
total
28 871
38 054
-
-
Income
216 000
216 000
216 000
216 000
Total tax
93 954
108 228
81 714
109 476
After tax
122 046
107 772
134 286
106 524
Living cost
39 915
39 915
39 915
39 915
Free-cash
82 131
67 857
94 371
66 609

Estimated living cost  is ₽39915 per week

₽26696
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4209
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽596
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8415
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽124497
₽120284
₽112825
₽111027
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
216 000
income
-
-
-
48 270
health
-
-
-
5 509
social contributions
-
-
-
16 440
total
-
-
-
70 219
Employee
78 130
78 130
203 490
-
social contributions
3 797
6 484
8 746
-
health
777
1 329
3 459
-
income
8 204
7 233
47 302
-
total
12 778
15 046
59 507
-
Employer
78 130
78 130
203 490
-
social contributions
3 797
6 484
8 746
-
health
846
1 446
3 764
-
total
4 643
7 930
12 510
-
Corporate
165 623
129 939
-
-
income
20 703
16 243
-
-
total
20 703
16 243
-
-
Dividends
144 920
113 696
-
-
withholding
24 636
19 328
-
-
total
24 636
19 328
-
-
Income
216 000
216 000
216 000
216 000
Total tax
62 760
58 547
72 017
70 219
After tax
153 240
157 453
143 983
145 781
Living cost
32 956
32 956
32 956
32 956
Free-cash
120 284
124 497
111 027
112 825

Estimated living cost  is ₽32956 per week

₽22529
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2574
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7300
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽102856
₽103242
₽131232
₽106815
S + D Salary + Dividends

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

Dividends

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

Salary

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

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

The minimum wage is 138,000 HUF per month.

26 564
10 572
180 753
-
health
1 859
740
12 653
-
income
3 247
1 292
22 097
-
pensions
2 656
1 057
18 075
-
unemployment
398
159
2 711
-
total
8 160
3 248
55 536
-
Employer

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

The minimum wage is 138,000 HUF per month.

26 564
10 572
180 753
-
pensions
5 180
2 062
35 247
-
total
5 180
2 062
35 247
-
Corporate
184 256
203 366
-
-
income
16 583
18 303
-
-
total
16 583
18 303
-
-
Dividends
167 673
185 063
-
-
social contributions
32 575
35 967
-
-
withholding
31 858
35 162
-
-
total
64 433
71 129
-
-
Income
216 000
216 000
216 000
216 000
Total tax
94 356
94 742
90 783
66 366
After tax
121 644
121 258
125 217
149 634
Living cost
18 402
18 402
18 402
18 402
Free-cash
103 242
102 856
106 815
131 232

Estimated living cost  is ₽18402 per week

₽12558
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1506
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽368
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3971
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽148257
₽141947
₽91233
₽99956
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
43 201
health
-
-
-
28 080
total
-
-
-
100 225
Employee
28 824
-
161 435
-
income
3 245
-
31 125
-
pensions
577
-
3 228
-
unemployment
461
-
2 584
-
total
4 283
-
36 937
-
Employer
28 824
-
161 435
-
unemployment
231
-
1 292
-
pensions
5 765
-
32 287
-
health
3 746
-
20 986
-
total
9 742
-
54 565
-
Corporate
177 433
216 000
-
-
income
35 486
43 201
-
-
total
35 486
43 201
-
-
Dividends
141 947
172 799
-
-
total
-
-
-
-
Income
216 000
216 000
216 000
216 000
Total tax
49 511
43 201
91 502
100 225
After tax
166 489
172 799
124 498
115 775
Living cost
24 542
24 542
24 542
24 542
Free-cash
141 947
148 257
99 956
91 233

Estimated living cost  is ₽24542 per week

₽16833
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1462
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5754
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4694
₽14091
₽125329
₽96485
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
255
income
-
-
-
61 455
pensions
-
-
-
4 197
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
68 481
Employee
34 905
-
196 780
-
health
3 997
-
22 531
-
income
4 789
-
47 880
-
pensions
3 930
-
7 695
-
total
12 716
-
78 106
-
Employer
34 905
-
196 780
-
accident
583
-
3 286
-
unemployment
855
-
4 821
-
pensions
5 676
-
11 112
-
total
7 114
-
19 219
-
Corporate
173 981
216 000
-
-
income

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

156 583
194 400
-
-
total
156 583
194 400
-
-
Dividends
17 398
21 600
-
-
withholding
3 306
4 104
-
-
total
3 306
4 104
-
-
Income
216 000
216 000
216 000
216 000
Total tax
179 719
198 504
97 325
68 481
After tax
36 281
17 496
118 675
147 519
Living cost
22 190
22 190
22 190
22 190
Free-cash
14 091
-4 694
96 485
125 329

Estimated living cost  is ₽22190 per week

₽16263
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1229
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4234
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽195938
₽194202
₽204578
₽163538
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
11 577
-
216 000
-
income
2 315
-
43 200
-
total
2 315
-
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%.

204 423
216 000
-
-
total
-
-
-
-
Dividends
204 423
216 000
-
-
withholding
10 221
10 800
-
-
total
10 221
10 800
-
-
Income
216 000
216 000
216 000
216 000
Total tax
12 536
10 800
43 200
2 160
After tax
203 464
205 200
172 800
213 840
Living cost
9 262
9 262
9 262
9 262
Free-cash
194 202
195 938
163 538
204 578

Estimated living cost  is ₽9262 per week

₽5740
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽770
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽255
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2498
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽131621
₽124761
₽100809
₽99001
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
36 896
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.

-
-
-
37 083
other
-
-
-
7 339
health
-
-
-
6 799
total
-
-
-
88 117
Employee
36 892
-
176 885
-
health
517
-
2 163
-
income
6 351
-
36 290
-
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.

2 582
-
10 815
-
unemployment
368
-
1 544
-
total
9 818
-
50 812
-
Employer
36 892
-
176 885
-
accident
295
-
1 415
-
other
1 845
-
7 724
-
unemployment
368
-
1 544
-
pensions

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

6 272
-
26 267
-
health
517
-
2 163
-
total
9 297
-
39 113
-
Corporate
169 810
216 000
-
-
income
35 660
45 360
-
-
total
35 660
45 360
-
-
Dividends
134 151
170 640
-
-
withholding
9 390
11 945
-
-
total
9 390
11 945
-
-
Income
216 000
216 000
216 000
216 000
Total tax
64 165
57 305
89 925
88 117
After tax
151 835
158 695
126 075
127 883
Living cost
27 074
27 074
27 074
27 074
Free-cash
124 761
131 621
99 001
100 809

Estimated living cost  is ₽27074 per week

₽19129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1828
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.
₽5680
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69128
₽77361
₽72143
₽52794
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
216 000
income
-
-
-
65 542
pensions
-
-
-
9 918
total
-
-
-
75 460
Employee
96 771
-
188 355
-
health
1 595
-
2 591
-
income
17 444
-
52 638
-
pensions
9 336
-
11 938
-
total
28 375
-
67 167
-
Employer
96 771
-
188 355
-
pensions
11 426
-
24 063
-
health
1 838
-
3 579
-
total
13 264
-
27 642
-
Corporate
105 965
216 000
-
-
income

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

20 133
41 039
-
-
total
20 133
41 039
-
-
Dividends
85 832
174 961
-
-
withholding
8 470
37 436
-
-
total
8 470
37 436
-
-
Income
216 000
216 000
216 000
216 000
Total tax
70 242
78 475
94 809
75 460
After tax
145 758
137 525
121 191
140 540
Living cost
68 397
68 397
68 397
68 397
Free-cash
77 361
69 128
52 794
72 143

Estimated living cost  is ₽68397 per week

₽51251
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽8036
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8554
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽171358
₽166638
₽160801
₽169672
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions

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

-
-
-
5 253
unemployment
-
-
-
142
health
-
-
-
4 082
total
-
-
-
41 877
Employee
17 640
-
209 037
-
health
811
-
1 633
-
accident

We are using the highest rate at 1.1%.

194
-
390
-
income
1 764
-
20 904
-
pensions

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

1 549
-
3 116
-
total
4 318
-
26 043
-
Employer
17 640
-
209 037
-
accident

We are using the highest rate at 1.1%.

194
-
390
-
unemployment
105
-
213
-
pensions

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

1 944
-
3 911
-
health
1 218
-
2 449
-
total
3 461
-
6 963
-
Corporate
194 898
216 000
-
-
income
19 490
21 600
-
-
total
19 490
21 600
-
-
Dividends
175 408
194 400
-
-
withholding
8 771
9 720
-
-
total
8 771
9 720
-
-
Income
216 000
216 000
216 000
216 000
Total tax
36 040
31 320
33 006
41 877
After tax
179 960
184 680
182 994
174 123
Living cost
13 322
13 322
13 322
13 322
Free-cash
166 638
171 358
169 672
160 801

Estimated living cost  is ₽13322 per week

₽7778
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽951
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽353
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4240
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51151
₽53706
₽60331
₽81823
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
74 893
pensions
-
-
-
11 905
health
-
-
-
12 529
total
-
-
-
99 327
Employee
94 202
86 768
197 117
-
health
11 752
11 328
12 529
-
income

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

14 202
14 202
34 519
-
pensions
11 905
11 905
11 905
-
total
37 859
37 435
58 953
-
Employer
94 202
86 768
197 117
-
unemployment
3 392
3 124
3 881
-
pensions
6 556
6 039
7 506
-
health
6 546
6 031
7 495
-
total
16 494
15 194
18 882
-
Corporate
105 305
114 038
-
-
income
21 061
22 808
-
-
total
21 061
22 808
-
-
Dividends
84 243
91 230
-
-
income
17 901
19 386
-
-
withholding
12 637
13 684
-
-
total
30 538
33 070
-
-
Income
216 000
216 000
216 000
216 000
Total tax
105 952
108 507
77 835
99 327
After tax
110 048
107 493
138 165
116 673
Living cost
56 342
56 342
56 342
56 342
Free-cash
53 706
51 151
81 823
60 331

Estimated living cost  is ₽56342 per week

₽41562
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽5033
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽646
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9103
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽124442
₽115782
₽102589
₽93226
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
216 000
income
-
-
-
22 787
health
-
-
-
29 160
solidarity contribution
-
-
-
2 261
social contributions
-
-
-
34 929
total
-
-
-
89 137
Employee
35 696
-
170 730
-
social contributions
2 320
-
7 775
-
health
4 819
-
23 048
-
solidarity contribution
-
-
1 420
-
income
4 284
-
20 986
-
total
11 423
-
53 229
-
Employer
35 696
-
170 730
-
social contributions
8 924
-
29 905
-
health
3 213
-
15 366
-
total
12 137
-
45 271
-
Corporate
168 167
216 000
-
-
income
31 952
41 040
-
-
total
31 952
41 040
-
-
Dividends
136 215
174 960
-
-
withholding
20 432
26 244
-
-
total
20 432
26 244
-
-
Income
216 000
216 000
216 000
216 000
Total tax
75 944
67 284
98 500
89 137
After tax
140 056
148 716
117 500
126 863
Living cost
24 274
24 274
24 274
24 274
Free-cash
115 782
124 442
93 226
102 589

Estimated living cost  is ₽24274 per week

₽16861
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1727
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.
₽5209
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72369
₽67066
₽60437
₽51821
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
216 000
municipal
-
-
-
1 321
regional
-
-
-
2 671
national
-
-
-
57 843
social contributions
-
-
-
50 854
total
-
-
-
112 689
Employee
90 301
-
216 000
-
social contributions
30 450
-
66 670
-
regional
852
-
2 397
-
municipal
478
-
1 195
-
national
15 647
-
51 043
-
total
47 427
-
121 305
-
Employer
90 301
-
216 000
-
total
-
-
-
-
Corporate
125 699
216 000
-
-
nationa
30 168
51 841
-
-
municipal
4 901
8 424
-
-
total
35 069
60 265
-
-
Dividends
90 629
155 735
-
-
withholding
23 564
40 492
-
-
total
23 564
40 492
-
-
Income
216 000
216 000
216 000
216 000
Total tax
106 060
100 757
121 305
112 689
After tax
109 940
115 243
94 695
103 311
Living cost
42 874
42 874
42 874
42 874
Free-cash
67 066
72 369
51 821
60 437

Estimated living cost  is ₽42874 per week

₽29887
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2811
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽658
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9517
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽113442
₽110280
₽79304
₽73092
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
216 000
income
-
-
-
66 291
pensions
-
-
-
27 122
other
-
-
-
-
unemployment
-
-
-
231
health
-
-
-
9 627
surtax
-
-
-
11 004
total
-
-
-
114 275
Employee
33 601
-
187 455
-
other
-
-
-
-
health
858
-
3 457
-
surtax
110
-
9 789
-
income
5 632
-
60 213
-
pensions
2 241
-
9 045
-
unemployment
2 339
-
9 438
-
total
11 180
-
91 942
-
Employer
33 601
-
187 455
-
other
-
-
-
-
unemployment
1 064
-
4 298
-
pensions
4 479
-
18 077
-
health
1 529
-
6 170
-
total
7 072
-
28 545
-
Corporate
175 327
216 000
-
-
income
45 586
56 160
-
-
total
45 586
56 160
-
-
Dividends
129 741
159 840
-
-
withholding
19 461
23 977
-
-
total
19 461
23 977
-
-
Income
216 000
216 000
216 000
216 000
Total tax
83 299
80 137
120 487
114 275
After tax
132 701
135 863
95 513
101 725
Living cost
22 421
22 421
22 421
22 421
Free-cash
110 280
113 442
73 092
79 304

Estimated living cost  is ₽22421 per week

₽13709
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2069
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6126
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90798
₽97555
₽93813
₽74464
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
216 000
income
-
-
-
65 542
pensions
-
-
-
9 918
total
-
-
-
75 460
Employee
64 853
-
188 355
-
health
941
-
2 591
-
income
11 680
-
52 638
-
pensions
5 505
-
11 938
-
total
18 126
-
67 167
-
Employer
64 853
-
188 355
-
pensions
7 020
-
24 063
-
health
1 232
-
3 579
-
total
8 252
-
27 642
-
Corporate
142 894
216 000
-
-
income

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

27 149
41 039
-
-
total
27 149
41 039
-
-
Dividends
115 745
174 961
-
-
withholding
18 191
37 436
-
-
total
18 191
37 436
-
-
Income
216 000
216 000
216 000
216 000
Total tax
71 718
78 475
94 809
75 460
After tax
144 282
137 525
121 191
140 540
Living cost
46 727
46 727
46 727
46 727
Free-cash
97 555
90 798
74 464
93 813

Estimated living cost  is ₽46727 per week

₽35007
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3502
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7728
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

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
₽21145
₽54360
₽94391
₽86030
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
216 000
city
-
-
-
2 277
pensions
-
-
-
19 872
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.

-
-
-
4 320
regional
-
-
-
11 829
health
-
-
-
486
national
-
-
-
5 199
total
-
-
-
43 983
Employee
90 843
-
194 129
-
city
975
-
2 095
-
regional
2 975
-
10 461
-
health
205
-
437
-
pensions
7 632
-
15 418
-
unemployment
-
-
-
-
national
430
-
4 196
-
total
12 217
-
32 607
-
Employer
90 843
-
194 129
-
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.

1 816
-
3 882
-
unemployment
-
-
-
-
pensions
7 632
-
15 418
-
health
205
-
437
-
total
9 653
-
19 737
-
Corporate
114 504
216 000
-
-
regional
24 218
45 684
-
-
national
9 733
18 360
-
-
total
33 951
64 044
-
-
Dividends
80 553
151 955
-
-
withholding
28 193
53 185
-
-
total
28 193
53 185
-
-
Income
216 000
216 000
216 000
216 000
Total tax
84 014
117 229
52 344
43 983
After tax
131 986
98 771
163 656
172 017
Living cost
77 626
77 626
77 626
77 626
Free-cash
54 360
21 145
86 030
94 391

Estimated living cost  is ₽77626 per week

₽50479
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6966
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽953
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19228
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽60115
₽76590
₽58798
₽87740
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
216 000
trade
-
-
-
28 942
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.

-
-
-
70 874
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.

-
-
-
6 941
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.

-
-
-
3 899
total
-
-
-
110 656
Employee

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

61 064
-
216 000
-
health

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

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

6 941
-
6 941
-
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.

395
-
3 899
-
income

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

7 181
-
70 874
-
total
14 517
-
81 714
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
154 936
216 000
-
-
surtax

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

1 278
1 782
-
-
income
23 240
32 399
-
-
trade
26 572
37 044
-
-
chamber of commerce
372
459
-
-
total
51 462
71 684
-
-
Dividends
103 474
144 316
-
-
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.

1 402
1 963
-
-
withholding
25 483
35 692
-
-
total
26 885
37 655
-
-
Income
216 000
216 000
216 000
216 000
Total tax
92 864
109 339
81 714
110 656
After tax
123 136
106 661
134 286
105 344
Living cost
46 546
46 546
46 546
46 546
Free-cash
76 590
60 115
87 740
58 798

Estimated living cost  is ₽46546 per week

₽33996
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3723
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽605
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8224
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74102
₽80103
₽84525
₽78999
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
38 586
pensions
-
-
-
34 985
other
-
-
-
6 697
health
-
-
-
10 289
surtax
-
-
-
-
social contributions
-
-
-
6 155
total
-
-
-
96 712
Employee
43 486
-
165 306
-
social contributions
1 240
-
4 711
-
surtax
-
-
-
-
income
2 566
-
34 569
-
pensions
4 917
-
12 267
-
total
8 723
-
51 547
-
Employer
43 486
-
165 306
-
other
1 500
-
6 778
-
social contributions
131
-
496
-
unemployment
1 760
-
6 695
-
pensions
7 144
-
20 513
-
health
3 045
-
16 209
-
total
13 580
-
50 691
-
Corporate
158 934
216 000
-
-
surtax
-
-
-
-
income
44 502
60 481
-
-
total
44 502
60 481
-
-
Dividends
114 432
155 519
-
-
surtax
-
-
-
-
social contributions
19 683
26 748
-
-
withholding
14 646
19 906
-
-
total
34 329
46 654
-
-
Income
216 000
216 000
216 000
216 000
Total tax
101 134
107 135
102 238
96 712
After tax
114 866
108 865
113 762
119 288
Living cost
34 763
34 763
34 763
34 763
Free-cash
80 103
74 102
78 999
84 525

Estimated living cost  is ₽34763 per week

₽21919
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2827
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9427
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77546
₽83193
₽87969
₽82443
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
38 586
pensions
-
-
-
34 985
other
-
-
-
6 697
health
-
-
-
10 289
surtax
-
-
-
-
social contributions
-
-
-
6 155
total
-
-
-
96 712
Employee
38 817
-
165 306
-
social contributions
1 107
-
4 711
-
surtax
-
-
-
-
income
2 001
-
34 569
-
pensions
4 390
-
12 267
-
total
7 498
-
51 547
-
Employer
38 817
-
165 306
-
other
1 340
-
6 778
-
social contributions
116
-
496
-
unemployment
1 571
-
6 695
-
pensions
6 378
-
20 513
-
health
2 717
-
16 209
-
total
12 122
-
50 691
-
Corporate
165 060
216 000
-
-
surtax
-
-
-
-
income
46 216
60 481
-
-
total
46 216
60 481
-
-
Dividends
118 844
155 519
-
-
surtax
-
-
-
-
social contributions
20 441
26 748
-
-
withholding
15 211
19 906
-
-
total
35 652
46 654
-
-
Income
216 000
216 000
216 000
216 000
Total tax
101 488
107 135
102 238
96 712
After tax
114 512
108 865
113 762
119 288
Living cost
31 319
31 319
31 319
31 319
Free-cash
83 193
77 546
82 443
87 969

Estimated living cost  is ₽31319 per week

₽18163
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3181
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽594
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9381
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽110237
₽110763
₽117172
₽111628
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
32 399
health
-
-
-
15 076
social contributions
-
-
-
29 808
total
-
-
-
77 283
Employee
34 451
-
216 000
-
social contributions
4 755
-
29 808
-
health
2 404
-
15 076
-
income
5 746
-
37 943
-
total
12 905
-
82 827
-
Employer
34 451
-
216 000
-
total
-
-
-
-
Corporate
181 549
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%.

9 078
10 800
-
-
total
9 078
10 800
-
-
Dividends
172 472
205 200
-
-
health
12 038
14 322
-
-
social contributions
23 801
28 317
-
-
withholding
25 870
30 779
-
-
total
61 709
73 418
-
-
Income
216 000
216 000
216 000
216 000
Total tax
83 692
84 218
82 827
77 283
After tax
132 308
131 782
133 173
138 717
Living cost
21 545
21 545
21 545
21 545
Free-cash
110 763
110 237
111 628
117 172

Estimated living cost  is ₽21545 per week

₽14419
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1329
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5301
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83355
₽81785
₽75056
₽20957
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
216 000
chamber of commerce
-
-
-
864
income
-
-
-
66 805
pensions
-
-
-
21 960
unemployment
-
-
-
6 232
health
-
-
-
9 080
surtax
-
-
-
201
total
-
-
-
105 142
Employee
50 778
40 492
177 358
-
other
507
405
1 188
-
health
1 965
1 568
4 593
-
income
5 781
2 987
55 724
-
pensions
5 200
4 146
12 155
-
unemployment
1 523
1 215
3 561
-
total
14 976
10 321
77 221
-
Employer
50 778
40 492
177 358
-
accident
659
526
1 543
-
other
2 412
1 922
7 925
-
chamber of commerce
202
162
710
-
unemployment
1 523
1 215
3 561
-
surtax
201
201
201
-
pensions
6 373
5 083
14 897
-
payroll
1 523
1 215
5 320
-
health
1 919
1 531
4 487
-
total
14 812
11 855
38 644
-
Corporate
150 410
163 654
173 501
-
income

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

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

37 603
40 914
43 376
-
total
37 603
40 914
43 376
-
Dividends
112 806
122 740
-
-
withholding
31 022
33 753
-
-
total
31 022
33 753
-
-
Income
216 000
216 000
216 000
216 000
Total tax
98 413
96 843
159 241
105 142
After tax
117 587
119 157
56 759
110 858
Living cost
35 802
35 802
35 802
35 802
Free-cash
81 785
83 355
20 957
75 056

Estimated living cost  is ₽35802 per week

₽23878
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3054
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽588
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8281
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82188
₽68438
₽56836
₽36931
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
216 000
national
-
-
-
85 345
communal

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

-
-
-
11 440
social contributions
-
-
-
25 332
total
-
-
-
122 117
Employee

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

72 680
-
167 298
-
communal

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

3 791
-
8 727
-
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.

3 415
-
7 863
-
pensions

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

5 451
-
12 547
-
unemployment

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

632
-
1 456
-
national
22 345
-
62 727
-
total
35 634
-
93 320
-
Employer

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

72 680
-
167 298
-
accident

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

945
-
2 175
-
unemployment

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

1 060
-
2 443
-
surtax
8 241
-
18 973
-
pensions

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

6 440
-
14 822
-
health

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

4 470
-
10 289
-
total
21 156
-
48 702
-
Corporate
122 164
216 000
-
-
surtax
488
906
-
-
income
24 434
45 287
-
-
total
24 922
46 193
-
-
Dividends
97 243
169 807
-
-
withholding

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

28 803
50 572
-
-
total
28 803
50 572
-
-
Income
216 000
216 000
216 000
216 000
Total tax
110 515
96 765
142 022
122 117
After tax
105 485
119 235
73 978
93 883
Living cost
37 047
37 047
37 047
37 047
Free-cash
68 438
82 188
36 931
56 836

Estimated living cost  is ₽37047 per week

₽23863
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3239
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9365
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽106838
₽99877
₽84111
₽79846
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
848
income
-
-
-
66 943
pensions
-
-
-
26 651
other
-
-
-
94
unemployment
-
-
-
659
total
-
-
-
95 195
Employee
50 577
-
185 976
-
other
50
-
94
-
income
10 671
-
63 455
-
pensions
2 377
-
4 427
-
unemployment
785
-
1 460
-
total
13 883
-
69 436
-
Employer
50 577
-
185 976
-
accident
1 001
-
1 865
-
other
403
-
754
-
unemployment
2 782
-
5 179
-
pensions
11 935
-
22 226
-
total
16 121
-
30 024
-
Corporate
149 301
216 000
-
-
income

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

22 396
32 399
-
-
total
22 396
32 399
-
-
Dividends
126 906
183 601
-
-
withholding
27 029
40 069
-
-
total
27 029
40 069
-
-
Income
216 000
216 000
216 000
216 000
Total tax
79 429
72 468
99 460
95 195
After tax
136 571
143 532
116 540
120 805
Living cost
36 694
36 694
36 694
36 694
Free-cash
99 877
106 838
79 846
84 111

Estimated living cost  is ₽36694 per week

₽27021
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2603
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6540
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68130
₽54238
₽47429
₽56040
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
216 000
accident
-
-
-
1 820
income
-
-
-
39 621
pensions
-
-
-
32 376
health
-
-
-
15 177
surtax
-
-
-
10 709
communal
-
-
-
13 651
total
-
-
-
113 354
Employee
76 946
-
192 943
-
health
3 424
-
8 586
-
surtax
4 716
-
11 825
-
income
7 432
-
45 840
-
pensions
6 155
-
15 435
-
total
21 727
-
81 686
-
Employer
76 946
-
192 943
-
accident
692
-
1 737
-
pensions
6 155
-
15 435
-
health
2 347
-
5 885
-
total
9 194
-
23 057
-
Corporate
129 861
216 000
-
-
surtax
1 363
2 268
-
-
communal
8 765
14 581
-
-
income
19 478
32 399
-
-
total
29 606
49 248
-
-
Dividends
100 254
166 753
-
-
income
30 980
18 393
-
-
withholding
15 038
25 012
-
-
total
46 018
43 405
-
-
Income
216 000
216 000
216 000
216 000
Total tax
106 545
92 653
104 743
113 354
After tax
109 455
123 347
111 257
102 646
Living cost
55 217
55 217
55 217
55 217
Free-cash
54 238
68 130
56 040
47 429

Estimated living cost  is ₽55217 per week

₽41421
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3345
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9865
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽113041
₽109811
₽78903
₽72691
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
216 000
income
-
-
-
66 291
pensions
-
-
-
27 122
other
-
-
-
-
unemployment
-
-
-
231
health
-
-
-
9 627
surtax
-
-
-
11 004
total
-
-
-
114 275
Employee
34 217
-
187 455
-
other
-
-
-
-
health
873
-
3 457
-
surtax
121
-
9 789
-
income
5 736
-
60 213
-
pensions
2 283
-
9 045
-
unemployment
2 381
-
9 438
-
total
11 394
-
91 942
-
Employer
34 217
-
187 455
-
other
-
-
-
-
unemployment
1 086
-
4 298
-
pensions
4 562
-
18 077
-
health
1 556
-
6 170
-
total
7 204
-
28 545
-
Corporate
174 579
216 000
-
-
income
45 391
56 160
-
-
total
45 391
56 160
-
-
Dividends
129 188
159 840
-
-
withholding
19 378
23 977
-
-
total
19 378
23 977
-
-
Income
216 000
216 000
216 000
216 000
Total tax
83 367
80 137
120 487
114 275
After tax
132 633
135 863
95 513
101 725
Living cost
22 822
22 822
22 822
22 822
Free-cash
109 811
113 041
72 691
78 903

Estimated living cost  is ₽22822 per week

₽13779
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1984
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6531
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86162
₽83907
₽75259
₽66689
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
216 000
municipal
-
-
-
1 321
regional
-
-
-
3 352
national
-
-
-
57 843
social contributions
-
-
-
50 854
total
-
-
-
113 370
Employee
56 363
-
216 000
-
social contributions
19 006
-
66 670
-
regional
759
-
3 032
-
municipal
299
-
1 195
-
national
8 929
-
51 043
-
total
28 993
-
121 940
-
Employer
56 363
-
216 000
-
total
-
-
-
-
Corporate
159 637
216 000
-
-
nationa
38 313
51 841
-
-
municipal
7 934
10 736
-
-
total
46 247
62 577
-
-
Dividends
113 390
153 423
-
-
withholding
29 482
39 890
-
-
total
29 482
39 890
-
-
Income
216 000
216 000
216 000
216 000
Total tax
104 722
102 467
121 940
113 370
After tax
111 278
113 533
94 060
102 630
Living cost
27 371
27 371
27 371
27 371
Free-cash
83 907
86 162
66 689
75 259

Estimated living cost  is ₽27371 per week

₽17022
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2773
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.
₽7107
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽118805
₽108135
₽96952
₽87589
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
216 000
income
-
-
-
22 787
health
-
-
-
29 160
solidarity contribution
-
-
-
2 261
social contributions
-
-
-
34 929
total
-
-
-
89 137
Employee
43 987
-
170 730
-
social contributions
2 859
-
7 775
-
health
5 938
-
23 048
-
solidarity contribution
-
-
1 420
-
income
5 278
-
20 986
-
total
14 075
-
53 229
-
Employer
43 987
-
170 730
-
social contributions
10 997
-
29 905
-
health
3 959
-
15 366
-
total
14 956
-
45 271
-
Corporate
157 057
216 000
-
-
income
29 841
41 040
-
-
total
29 841
41 040
-
-
Dividends
127 216
174 960
-
-
withholding
19 082
26 244
-
-
total
19 082
26 244
-
-
Income
216 000
216 000
216 000
216 000
Total tax
77 954
67 284
98 500
89 137
After tax
138 046
148 716
117 500
126 863
Living cost
29 911
29 911
29 911
29 911
Free-cash
108 135
118 805
87 589
96 952

Estimated living cost  is ₽29911 per week

₽22244
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1657
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5493
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86850
₽86350
₽78643
₽24394
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
216 000
chamber of commerce
-
-
-
864
income
-
-
-
66 805
pensions
-
-
-
21 960
unemployment
-
-
-
6 232
health
-
-
-
9 080
surtax
-
-
-
-
total
-
-
-
104 941
Employee
44 415
40 492
177 545
-
other
443
405
1 188
-
health
1 718
1 568
4 593
-
income
3 957
2 987
55 815
-
pensions
4 549
4 146
12 155
-
unemployment
1 332
1 215
3 561
-
total
11 999
10 321
77 312
-
Employer
44 415
40 492
177 545
-
accident
577
526
1 543
-
other
2 109
1 922
7 932
-
chamber of commerce
177
162
710
-
unemployment
1 332
1 215
3 561
-
surtax
-
-
-
-
pensions
5 574
5 083
14 897
-
payroll
1 332
1 215
5 326
-
health
1 679
1 531
4 487
-
total
12 780
11 654
38 456
-
Corporate
158 803
163 855
173 688
-
income

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

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

39 701
40 964
43 422
-
total
39 701
40 964
43 422
-
Dividends
119 102
122 891
-
-
withholding
32 754
33 795
-
-
total
32 754
33 795
-
-
Income
216 000
216 000
216 000
216 000
Total tax
97 234
96 734
159 190
104 941
After tax
118 766
119 266
56 810
111 059
Living cost
32 416
32 416
32 416
32 416
Free-cash
86 350
86 850
24 394
78 643

Estimated living cost  is ₽32416 per week

₽19446
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3311
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽578
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9082
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽190767
₽188061
₽199407
₽158367
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
18 041
-
216 000
-
income
3 608
-
43 200
-
total
3 608
-
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%.

197 959
216 000
-
-
total
-
-
-
-
Dividends
197 959
216 000
-
-
withholding
9 898
10 800
-
-
total
9 898
10 800
-
-
Income
216 000
216 000
216 000
216 000
Total tax
13 506
10 800
43 200
2 160
After tax
202 494
205 200
172 800
213 840
Living cost
14 433
14 433
14 433
14 433
Free-cash
188 061
190 767
158 367
199 407

Estimated living cost  is ₽14433 per week

₽9767
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽606
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3576
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽121464
₽112962
₽74355
₽69666
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

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

-
-
-
216 000
income
-
-
-
53 367
pensions
-
-
-
39 447
unemployment
-
-
-
324
health
-
-
-
21 254
total
-
-
-
114 392
Employee

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

44 931
-
186 900
-
health
2 902
-
12 074
-
income
7 748
-
48 676
-
pensions
6 965
-
28 969
-
unemployment
64
-
262
-
total
17 679
-
89 981
-
Employer

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

44 931
-
186 900
-
unemployment
27
-
112
-
pensions
3 976
-
16 540
-
health
2 993
-
12 448
-
total
6 996
-
29 100
-
Corporate
164 074
216 000
-
-
income
31 175
41 039
-
-
total
31 175
41 039
-
-
Dividends
132 899
174 961
-
-
withholding
19 935
26 244
-
-
total
19 935
26 244
-
-
Income
216 000
216 000
216 000
216 000
Total tax
75 785
67 283
119 081
114 392
After tax
140 215
148 717
96 919
101 608
Living cost
27 253
27 253
27 253
27 253
Free-cash
112 962
121 464
69 666
74 355

Estimated living cost  is ₽27253 per week

₽18703
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1747
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6276
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87521
₽39134
₽105380
₽158725
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
216 000
income
-
-
-
42 103
social contributions
-
-
-
24 624
total
-
-
-
66 727
Employee
62 937
-
-
-
social contributions
5 161
-
735
-
income
13 883
-
-
-
total
19 044
-
735
-
Employer
62 937
-
-
-
social contributions
88 740
-
12 647
-
total
88 740
-
12 647
-
Corporate
64 323
216 000
-
-
income
14 151
47 520
-
-
total
14 151
47 520
-
-
Dividends
50 172
168 480
-
-
income
11 038
37 066
-
-
total
11 038
37 066
-
-
Income
216 000
216 000
216 000
216 000
Total tax
132 973
84 586
13 382
66 727
After tax
83 027
131 414
202 618
149 273
Living cost
43 893
43 893
43 893
43 893
Free-cash
39 134
87 521
158 725
105 380

Estimated living cost  is ₽43893 per week

₽28480
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4128
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.
₽10726
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90989
₽89965
₽81432
₽65028
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
216 000
income
-
-
-
27 637
surtax
-
-
-
-
social contributions

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

-
-
-
75 060
total
-
-
-
102 697
Employee
46 731
-
174 544
-
social contributions
5 141
-
19 201
-
surtax
-
-
27
-
income
9 720
-
58 419
-
total
14 861
-
77 647
-
Employer
46 731
-
174 544
-
social contributions
11 099
-
41 454
-
total
11 099
-
41 454
-
Corporate
158 170
216 000
-
-
surtax
-
-
-
-
income
33 217
45 360
-
-
total
33 217
45 360
-
-
Dividends
124 954
170 640
-
-
withholding
34 987
47 780
-
-
total
34 987
47 780
-
-
Income
216 000
216 000
216 000
216 000
Total tax
94 164
93 140
119 101
102 697
After tax
121 836
122 860
96 899
113 303
Living cost
31 871
31 871
31 871
31 871
Free-cash
89 965
90 989
65 028
81 432

Estimated living cost  is ₽31871 per week

₽23846
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1880
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽532
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5613
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59790
₽66777
₽70213
₽64687
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
38 586
pensions
-
-
-
34 985
other
-
-
-
6 697
health
-
-
-
10 289
surtax
-
-
-
-
social contributions
-
-
-
6 155
total
-
-
-
96 712
Employee
63 638
-
165 306
-
social contributions
1 812
-
4 711
-
surtax
-
-
-
-
income
5 553
-
34 569
-
pensions
7 198
-
12 267
-
total
14 563
-
51 547
-
Employer
63 638
-
165 306
-
other
2 196
-
6 778
-
social contributions
191
-
496
-
unemployment
2 578
-
6 695
-
pensions
10 456
-
20 513
-
health
4 454
-
16 209
-
total
19 875
-
50 691
-
Corporate
132 486
216 000
-
-
surtax
-
-
-
-
income
37 096
60 481
-
-
total
37 096
60 481
-
-
Dividends
95 390
155 519
-
-
surtax
-
-
-
-
social contributions
16 405
26 748
-
-
withholding
12 209
19 906
-
-
total
28 614
46 654
-
-
Income
216 000
216 000
216 000
216 000
Total tax
100 148
107 135
102 238
96 712
After tax
115 852
108 865
113 762
119 288
Living cost
49 074
49 074
49 074
49 074
Free-cash
66 777
59 790
64 687
70 213

Estimated living cost  is ₽49074 per week

₽33213
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4014
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽673
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11174
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽163859
₽160444
₽127260
₽132999
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
216 000
income
-
-
-
10 678
social contributions
-
-
-
47 520
total
-
-
-
58 198
Employee
32 665
-
187 014
-
income
-
-
11 316
-
social contributions
2 123
-
12 157
-
total
2 123
-
23 473
-
Employer
32 665
-
187 014
-
social contributions
5 063
-
28 986
-
total
5 063
-
28 986
-
Corporate
178 271
216 000
-
-
income
17 828
21 599
-
-
total
17 828
21 599
-
-
Dividends
160 443
194 401
-
-
total
-
-
-
-
Income
216 000
216 000
216 000
216 000
Total tax
25 014
21 599
52 459
58 198
After tax
190 986
194 401
163 541
157 802
Living cost
30 542
30 542
30 542
30 542
Free-cash
160 444
163 859
132 999
127 260

Estimated living cost  is ₽30542 per week

₽19748
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2302
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7917
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5352
-₽5352
₽76323
-₽5352
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
216 000
municipal
-
-
-
46 094
pensions
-
-
-
881
national
-
-
-
26 564
labour market
-
-
-
17 210
total
-
-
-
90 749
Employee
206 514
206 514
206 514
-
labour market
16 498
16 498
16 498
-
national
25 229
25 229
25 229
-
municipal
43 976
43 976
43 976
-
pensions
294
294
294
-
total
85 997
85 997
85 997
-
Employer
206 514
206 514
206 514
-
labour market
16 521
16 521
16 521
-
municipal
44 046
44 046
44 046
-
pensions
587
587
587
-
national
25 273
25 273
25 273
-
total
86 427
86 427
86 427
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
216 000
216 000
216 000
216 000
Total tax
172 424
172 424
172 424
90 749
After tax
43 576
43 576
43 576
125 251
Living cost
48 928
48 928
48 928
48 928
Free-cash
-5 352
-5 352
-5 352
76 323

Estimated living cost  is ₽48928 per week

₽33487
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4328
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽752
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10360
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4366
₽14142
₽125657
₽96813
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
255
income
-
-
-
61 455
pensions
-
-
-
4 197
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
68 481
Employee
34 391
-
196 780
-
health
3 938
-
22 531
-
income
4 718
-
47 880
-
pensions
3 873
-
7 695
-
total
12 529
-
78 106
-
Employer
34 391
-
196 780
-
accident
574
-
3 286
-
unemployment
843
-
4 821
-
pensions
5 592
-
11 112
-
total
7 009
-
19 219
-
Corporate
174 600
216 000
-
-
income

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

157 140
194 400
-
-
total
157 140
194 400
-
-
Dividends
17 460
21 600
-
-
withholding
3 318
4 104
-
-
total
3 318
4 104
-
-
Income
216 000
216 000
216 000
216 000
Total tax
179 996
198 504
97 325
68 481
After tax
36 004
17 496
118 675
147 519
Living cost
21 862
21 862
21 862
21 862
Free-cash
14 142
-4 366
96 813
125 657

Estimated living cost  is ₽21862 per week

₽15913
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1246
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽410
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4292
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94041
₽97179
₽94929
₽70187
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
216 000
municipal
-
-
-
38 357
health
-
-
-
2 902
national
-
-
-
40 803
total
-
-
-
82 062
Employee
53 457
-
181 709
-
health
399
-
2 374
-
municipal
8 756
-
29 582
-
pensions
3 608
-
12 265
-
unemployment
802
-
2 726
-
national
883
-
25 566
-
total
14 448
-
72 513
-
Employer
53 457
-
181 709
-
accident
54
-
181
-
unemployment
347
-
1 182
-
pensions
9 275
-
31 528
-
health
411
-
1 400
-
total
10 087
-
34 291
-
Corporate
152 457
216 000
-
-
income
30 492
43 201
-
-
total
30 492
43 201
-
-
Dividends

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

91 473
129 599
-
-
national
8 320
16 422
-
-
municipal
16 465
23 327
-
-
total
24 785
39 749
-
-
Income
216 000
216 000
216 000
216 000
Total tax
79 812
82 950
106 804
82 062
After tax
136 188
133 050
109 196
133 938
Living cost
39 009
39 009
39 009
39 009
Free-cash
97 179
94 041
70 187
94 929

Estimated living cost  is ₽39009 per week

₽25481
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3752
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.
₽9157
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽133928
₽128400
₽122256
₽120458
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
216 000
income
-
-
-
48 270
health
-
-
-
5 509
social contributions
-
-
-
16 440
total
-
-
-
70 219
Employee
78 130
78 130
203 490
-
social contributions
2 954
6 484
8 746
-
health
605
1 329
3 459
-
income
8 507
7 233
47 302
-
total
12 066
15 046
59 507
-
Employer
78 130
78 130
203 490
-
social contributions
2 954
6 484
8 746
-
health
658
1 446
3 764
-
total
3 612
7 930
12 510
-
Corporate
176 797
129 939
-
-
income
22 099
16 243
-
-
total
22 099
16 243
-
-
Dividends
154 699
113 696
-
-
withholding
26 298
19 328
-
-
total
26 298
19 328
-
-
Income
216 000
216 000
216 000
216 000
Total tax
64 075
58 547
72 017
70 219
After tax
151 925
157 453
143 983
145 781
Living cost
23 525
23 525
23 525
23 525
Free-cash
128 400
133 928
120 458
122 256

Estimated living cost  is ₽23525 per week

₽14099
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2308
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽521
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6598
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽162737
₽157569
₽167417
₽147036
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
22 282
pensions
-
-
-
6 463
unemployment
-
-
-
29
health
-
-
-
3 677
total
-
-
-
32 451
Employee

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

23 322
-
206 070
-
health
1 982
-
8 195
-
income
1 595
-
19 764
-
pensions
3 498
-
14 461
-
unemployment
116
-
482
-
total
7 191
-
42 902
-
Employer

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

23 322
-
206 070
-
unemployment
116
-
482
-
pensions
1 282
-
5 302
-
health
1 003
-
4 146
-
total
2 401
-
9 930
-
Corporate
190 277
216 000
-
-
income
17 124
19 440
-
-
total
17 124
19 440
-
-
Dividends
173 153
196 560
-
-
withholding
15 583
17 691
-
-
total
15 583
17 691
-
-
Income
216 000
216 000
216 000
216 000
Total tax
42 299
37 131
52 832
32 451
After tax
173 701
178 869
163 168
183 549
Living cost
16 132
16 132
16 132
16 132
Free-cash
157 569
162 737
147 036
167 417

Estimated living cost  is ₽16132 per week

₽10293
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1163
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4196
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽115591
₽111103
₽92864
₽88599
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
848
income
-
-
-
66 943
pensions
-
-
-
26 651
other
-
-
-
94
unemployment
-
-
-
659
total
-
-
-
95 195
Employee
37 570
-
185 976
-
other
37
-
94
-
income
7 243
-
63 455
-
pensions
1 766
-
4 427
-
unemployment
582
-
1 460
-
total
9 628
-
69 436
-
Employer
37 570
-
185 976
-
accident
744
-
1 865
-
other
301
-
754
-
unemployment
2 067
-
5 179
-
pensions
8 866
-
22 226
-
total
11 978
-
30 024
-
Corporate
166 452
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.

24 968
32 399
-
-
total
24 968
32 399
-
-
Dividends
141 484
183 601
-
-
withholding
30 382
40 069
-
-
total
30 382
40 069
-
-
Income
216 000
216 000
216 000
216 000
Total tax
76 956
72 468
99 460
95 195
After tax
139 044
143 532
116 540
120 805
Living cost
27 941
27 941
27 941
27 941
Free-cash
111 103
115 591
88 599
92 864

Estimated living cost  is ₽27941 per week

₽18859
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2686
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.
₽5906
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽132003
₽131547
₽135985
₽135788
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
73 734
pensions
-
-
-
2 029
health
-
-
-
1 471
total
-
-
-
77 234
Employee
4 236
-
213 718
-
health
212
-
507
-
income
820
-
73 627
-
pensions
381
-
913
-
unemployment
42
-
101
-
total
1 455
-
75 148
-
Employer
4 236
-
213 718
-
unemployment
85
-
203
-
pensions
466
-
1 116
-
health
402
-
964
-
total
953
-
2 283
-
Corporate
210 810
216 000
-
-
income
46 378
47 520
-
-
total
46 378
47 520
-
-
Dividends
164 432
168 480
-
-
withholding
32 886
33 696
-
-
total
32 886
33 696
-
-
Income
216 000
216 000
216 000
216 000
Total tax
81 672
81 216
77 431
77 234
After tax
134 328
134 784
138 569
138 766
Living cost
2 781
2 781
2 781
2 781
Free-cash
131 547
132 003
135 788
135 985

Estimated living cost  is ₽2781 per week

₽1653
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽225
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽64
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽839
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽138502
₽133504
₽120321
₽120320
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
216 000
income
-
-
-
49 759
pensions
-
-
-
19 509
unemployment
-
-
-
1 125
health
-
-
-
7 728
total
-
-
-
78 121
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.

26 477
-
202 569
-
health
1 364
-
3 864
-
income
3 650
-
49 759
-
pensions
3 707
-
10 505
-
unemployment
199
-
563
-
total
8 920
-
64 691
-
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.

26 477
-
202 569
-
unemployment
199
-
563
-
pensions
3 177
-
9 004
-
health
1 364
-
3 864
-
total
4 740
-
13 431
-
Corporate
184 784
216 000
-
-
income
27 718
32 400
-
-
total
27 718
32 400
-
-
Dividends
157 066
183 600
-
-
withholding
23 560
27 540
-
-
total
23 560
27 540
-
-
Income
216 000
216 000
216 000
216 000
Total tax
64 938
59 940
78 122
78 121
After tax
151 062
156 060
137 878
137 879
Living cost
17 558
17 558
17 558
17 558
Free-cash
133 504
138 502
120 320
120 321

Estimated living cost  is ₽17558 per week

₽11822
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1358
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3870
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95468
₽95104
₽85911
₽69507
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
216 000
income
-
-
-
27 637
surtax
-
-
-
-
social contributions

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

-
-
-
75 060
total
-
-
-
102 697
Employee
39 436
-
174 544
-
social contributions
4 338
-
19 201
-
surtax
-
-
27
-
income
7 705
-
58 419
-
total
12 043
-
77 647
-
Employer
39 436
-
174 544
-
social contributions
9 365
-
41 454
-
total
9 365
-
41 454
-
Corporate
167 199
216 000
-
-
surtax
-
-
-
-
income
35 112
45 360
-
-
total
35 112
45 360
-
-
Dividends
132 087
170 640
-
-
withholding
36 984
47 780
-
-
total
36 984
47 780
-
-
Income
216 000
216 000
216 000
216 000
Total tax
93 504
93 140
119 101
102 697
After tax
122 496
122 860
96 899
113 303
Living cost
27 392
27 392
27 392
27 392
Free-cash
95 104
95 468
69 507
85 911

Estimated living cost  is ₽27392 per week

₽19401
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1903
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5603
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽107823
₽101173
₽85096
₽80831
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
848
income
-
-
-
66 943
pensions
-
-
-
26 651
other
-
-
-
94
unemployment
-
-
-
659
total
-
-
-
95 195
Employee
49 071
-
185 976
-
other
48
-
94
-
income
10 249
-
63 455
-
pensions
2 306
-
4 427
-
unemployment
760
-
1 460
-
total
13 363
-
69 436
-
Employer
49 071
-
185 976
-
accident
972
-
1 865
-
other
393
-
754
-
unemployment
2 699
-
5 179
-
pensions
11 581
-
22 226
-
total
15 645
-
30 024
-
Corporate
151 284
216 000
-
-
income

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

22 693
32 399
-
-
total
22 693
32 399
-
-
Dividends
128 591
183 601
-
-
withholding
27 417
40 069
-
-
total
27 417
40 069
-
-
Income
216 000
216 000
216 000
216 000
Total tax
79 118
72 468
99 460
95 195
After tax
136 882
143 532
116 540
120 805
Living cost
35 709
35 709
35 709
35 709
Free-cash
101 173
107 823
80 831
85 096

Estimated living cost  is ₽35709 per week

₽25645
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2777
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6785
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽167201
₽161008
₽156644
₽165515
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions

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

-
-
-
5 253
unemployment
-
-
-
142
health
-
-
-
4 082
total
-
-
-
41 877
Employee
23 145
-
209 037
-
health
1 065
-
1 633
-
accident

We are using the highest rate at 1.1%.

254
-
390
-
income
2 315
-
20 904
-
pensions

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

2 032
-
3 116
-
total
5 666
-
26 043
-
Employer
23 145
-
209 037
-
accident

We are using the highest rate at 1.1%.

254
-
390
-
unemployment
139
-
213
-
pensions

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

2 551
-
3 911
-
health
1 597
-
2 449
-
total
4 541
-
6 963
-
Corporate
188 314
216 000
-
-
income
18 832
21 600
-
-
total
18 832
21 600
-
-
Dividends
169 482
194 400
-
-
withholding
8 474
9 720
-
-
total
8 474
9 720
-
-
Income
216 000
216 000
216 000
216 000
Total tax
37 513
31 320
33 006
41 877
After tax
178 487
184 680
182 994
174 123
Living cost
17 479
17 479
17 479
17 479
Free-cash
161 008
167 201
165 515
156 644

Estimated living cost  is ₽17479 per week

₽11561
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1001
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽417
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4502
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71879
₽85169
₽70841
₽95059
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
216 000
trade
-
-
-
24 218
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.

-
-
-
70 874
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.

-
-
-
6 941
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.

-
-
-
3 899
total
-
-
-
105 932
Employee

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

50 555
-
216 000
-
health

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

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

6 941
-
6 941
-
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.

229
-
3 899
-
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.

4 157
-
70 874
-
total
11 327
-
81 714
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
165 445
216 000
-
-
surtax

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

1 365
1 782
-
-
income
24 817
32 399
-
-
trade
23 742
30 995
-
-
chamber of commerce
397
470
-
-
total
50 321
65 646
-
-
Dividends
115 123
150 353
-
-
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.

1 562
2 046
-
-
withholding
28 394
37 202
-
-
total
29 956
39 248
-
-
Income
216 000
216 000
216 000
216 000
Total tax
91 604
104 894
81 714
105 932
After tax
124 396
111 106
134 286
110 068
Living cost
39 227
39 227
39 227
39 227
Free-cash
85 169
71 879
95 059
70 841

Estimated living cost  is ₽39227 per week

₽27060
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4221
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.
₽7377
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93321
₽95565
₽51621
₽51621
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
69 605
social contributions
-
-
-
36 895
total
-
-
-
106 500
Employee
79 479
-
216 000
-
income
14 997
-
69 605
-
social contributions
6 603
-
36 895
-
total
21 600
-
106 500
-
Employer
79 479
-
216 000
-
total
-
-
-
-
Corporate
136 521
216 000
-
-
income
17 064
27 000
-
-
total
17 064
27 000
-
-
Dividends
119 457
189 000
-
-
withholding
23 892
37 800
-
-
total
23 892
37 800
-
-
Income
216 000
216 000
216 000
216 000
Total tax
62 556
64 800
106 500
106 500
After tax
153 444
151 200
109 500
109 500
Living cost
57 879
57 879
57 879
57 879
Free-cash
95 565
93 321
51 621
51 621

Estimated living cost  is ₽57879 per week

₽44034
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4716
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8577
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98149
₽101699
₽139906
₽114438
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
216 000
income
-
-
-
32 399
health

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

-
-
-
6 812
total
-
-
-
39 211
Employee
46 611
-
211 326
-
income
5 058
-
55 331
-
social contributions
4 670
-
4 674
-
total
9 728
-
60 005
-
Employer
46 611
-
211 326
-
social contributions
4 670
-
4 674
-
total
4 670
-
4 674
-
Corporate
164 719
216 000
-
-
income
57 652
75 600
-
-
total
57 652
75 600
-
-
Dividends
107 067
140 400
-
-
social contributions
5 368
5 368
-
-
total
5 368
5 368
-
-
Income
216 000
216 000
216 000
216 000
Total tax
77 418
80 968
64 679
39 211
After tax
138 582
135 032
151 321
176 789
Living cost
36 883
36 883
36 883
36 883
Free-cash
101 699
98 149
114 438
139 906

Estimated living cost  is ₽36883 per week

₽24295
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2908
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9114
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99538
₽105592
₽102553
₽83204
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
216 000
income
-
-
-
65 542
pensions
-
-
-
9 918
total
-
-
-
75 460
Employee
52 143
-
188 355
-
health
680
-
2 591
-
income
9 496
-
52 638
-
pensions
3 980
-
11 938
-
total
14 156
-
67 167
-
Employer
52 143
-
188 355
-
pensions
5 268
-
24 063
-
health
991
-
3 579
-
total
6 259
-
27 642
-
Corporate
157 598
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.

29 944
41 039
-
-
total
29 944
41 039
-
-
Dividends
127 654
174 961
-
-
withholding
22 062
37 436
-
-
total
22 062
37 436
-
-
Income
216 000
216 000
216 000
216 000
Total tax
72 421
78 475
94 809
75 460
After tax
143 579
137 525
121 191
140 540
Living cost
37 987
37 987
37 987
37 987
Free-cash
105 592
99 538
83 204
102 553

Estimated living cost  is ₽37987 per week

₽26059
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3493
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7957
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽6531
₽13810
₽123492
₽94648
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
255
income
-
-
-
61 455
pensions
-
-
-
4 197
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
68 481
Employee
37 795
-
196 780
-
health
4 327
-
22 531
-
income
5 185
-
47 880
-
pensions
4 256
-
7 695
-
total
13 768
-
78 106
-
Employer
37 795
-
196 780
-
accident
631
-
3 286
-
unemployment
926
-
4 821
-
pensions
6 145
-
11 112
-
total
7 702
-
19 219
-
Corporate
170 503
216 000
-
-
income

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

153 453
194 400
-
-
total
153 453
194 400
-
-
Dividends
17 050
21 600
-
-
withholding
3 240
4 104
-
-
total
3 240
4 104
-
-
Income
216 000
216 000
216 000
216 000
Total tax
178 163
198 504
97 325
68 481
After tax
37 837
17 496
118 675
147 519
Living cost
24 027
24 027
24 027
24 027
Free-cash
13 810
-6 531
94 648
123 492

Estimated living cost  is ₽24027 per week

₽17633
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1400
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4510
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽151545
₽148477
₽121538
₽143832
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
work injury
-
-
-
811
health insurance
-
-
-
11 998
income
-
-
-
36 179
pensions
-
-
-
29 833
unemployment
-
-
-
1 946
total
-
-
-
80 767
Employee

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

21 911
-
216 000
-
work injury
110
-
405
-
income
2 191
-
36 179
-
pensions
4 032
-
14 917
-
health insurance
1 621
-
5 999
-
unemployment
263
-
973
-
total
8 217
-
58 473
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
194 089
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%.

19 409
21 600
-
-
total
19 409
21 600
-
-
Dividends
174 680
194 400
-
-
withholding
26 202
29 160
-
-
total
26 202
29 160
-
-
Income
216 000
216 000
216 000
216 000
Total tax
53 828
50 760
58 473
80 767
After tax
162 172
165 240
157 527
135 233
Living cost
13 695
13 695
13 695
13 695
Free-cash
148 477
151 545
143 832
121 538

Estimated living cost  is ₽13695 per week

₽8484
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽995
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽427
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3788
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73294
₽68675
₽60177
₽51833
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
216 000
municipal
-
-
-
1 487
regional
-
-
-
5 161
national
-
-
-
57 843
social contributions
-
-
-
50 854
total
-
-
-
115 345
Employee
85 620
-
216 000
-
social contributions
28 871
-
66 670
-
regional
1 293
-
4 632
-
municipal
511
-
1 344
-
national
14 469
-
51 043
-
total
45 144
-
123 689
-
Employer
85 620
-
216 000
-
total
-
-
-
-
Corporate
130 380
216 000
-
-
nationa
31 290
51 841
-
-
municipal
6 284
10 412
-
-
total
37 574
62 253
-
-
Dividends
92 806
153 747
-
-
withholding
24 129
39 975
-
-
total
24 129
39 975
-
-
Income
216 000
216 000
216 000
216 000
Total tax
106 847
102 228
123 689
115 345
After tax
109 153
113 772
92 311
100 655
Living cost
40 478
40 478
40 478
40 478
Free-cash
68 675
73 294
51 833
60 177

Estimated living cost  is ₽40478 per week

₽28433
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2784
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽611
Clothing and shoes. We estimate one pair of shoes and 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 Rome model

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