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
₽ 217000
per

Your estimated
City
free-cash

Dresden , Germany
₽81043
₽105410
₽78078
₽91384
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
217 000
income

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

-
-
-
72 877
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.

-
-
-
4 008
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.

-
-
-
6 387
trade
-
-
-
27 332
total
-
-
-
110 604
Employee

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

35 759
-
217 000
-
surtax

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

55
-
4 008
-
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.

999
-
72 877
-
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.

6 387
-
6 387
-
total
7 441
-
83 272
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
181 241
217 000
-
-
income
27 186
32 550
-
-
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.

1 496
1 790
-
-
chamber of commerce
403
454
-
-
trade
28 545
34 177
-
-
total
57 630
68 971
-
-
Dividends
123 611
148 029
-
-
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.

1 680
2 016
-
-
withholding
30 547
36 652
-
-
total
32 227
38 668
-
-
Income
217 000
217 000
217 000
217 000
Total tax
97 298
107 639
83 272
110 604
After tax
119 702
109 361
133 728
106 396
Living cost
28 318
28 318
28 318
28 318
Free-cash
91 384
81 043
105 410
78 078

Estimated living cost  is ₽28318 per week

₽17813
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3302
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽529
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6675
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85336
₽75086
₽73922
₽84503
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
217 000
social contributions
-
-
-
2 333
municipal
-
-
-
24 077
national
-
-
-
40 556
pensions
-
-
-
26 040
total
-
-
-
93 006
Employee
77 622
-
187 595
-
municipal
9 588
-
24 917
-
pensions
3 105
-
7 504
-
national
14 857
-
42 396
-
total
27 550
-
74 817
-
Employer
77 622
-
187 595
-
pensions
6 210
-
15 008
-
social contributions
834
-
2 017
-
total
7 044
-
17 025
-
Corporate
127 211
217 000
-
-
income

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

25 442
43 400
-
-
total
25 442
43 400
-
-
Dividends
101 769
173 600
-
-
withholding
22 389
38 192
-
-
total
22 389
38 192
-
-
Income
217 000
217 000
217 000
217 000
Total tax
82 425
81 592
91 842
93 006
After tax
134 575
135 408
125 158
123 994
Living cost
50 072
50 072
50 072
50 072
Free-cash
84 503
85 336
75 086
73 922

Estimated living cost  is ₽50072 per week

₽34034
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4655
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽749
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10635
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽154148
₽75246
₽59926
₽146479
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
217 000
income
-
-
-
46 466
surtax
-
-
-
55 336
social contributions

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

-
-
-
35 821
microenterprise
-
-
-
-
total
-
-
-
137 623
Employee
27 319
-
171 314
-
surtax
-
-
24 841
-
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.

3 006
-
12 256
-
income
4 863
-
39 520
-
total
7 869
-
76 617
-
Employer
27 319
-
171 314
-
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.

6 581
-
26 842
-
surtax
-
-
18 844
-
total
6 581
-
45 686
-
Corporate
183 100
217 000
-
-
income

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

36 620
43 401
-
-
total
36 620
43 401
-
-
Dividends

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

146 481
173 599
-
-
total
-
-
-
-
Income
217 000
217 000
217 000
217 000
Total tax
51 070
43 401
122 303
137 623
After tax
165 930
173 599
94 697
79 377
Living cost
19 451
19 451
19 451
19 451
Free-cash
146 479
154 148
75 246
59 926

Estimated living cost  is ₽19451 per week

₽12409
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1852
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽442
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4748
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69049
₽99605
₽76995
₽63322
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
217 000
income
-
-
-
78 356
health
-
-
-
11 529
pensions
-
-
-
10 954
total
-
-
-
100 839
Employee
79 840
79 840
199 625
-
pensions
14 371
10 954
10 954
-
income

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

13 068
13 068
38 372
-
health
12 254
10 423
11 529
-
total
39 693
34 445
60 855
-
Employer
79 840
79 840
199 625
-
health
5 550
5 550
6 896
-
pensions
5 557
5 557
6 907
-
unemployment
2 874
2 874
3 571
-
total
13 981
13 981
17 374
-
Corporate
124 159
123 180
-
-
income
24 832
24 637
-
-
total
24 832
24 637
-
-
Dividends
99 327
98 543
-
-
income
21 106
20 941
-
-
withholding
14 900
14 781
-
-
total
36 006
35 722
-
-
Income
217 000
217 000
217 000
217 000
Total tax
114 512
108 785
78 229
100 839
After tax
102 488
108 215
138 771
116 161
Living cost
39 166
39 166
39 166
39 166
Free-cash
63 322
69 049
99 605
76 995

Estimated living cost  is ₽39166 per week

₽27756
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3531
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽623
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7257
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80437
₽69434
₽70358
₽79584
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
217 000
accident
-
-
-
167
other
-
-
-
9 689
unemployment
-
-
-
83
health
-
-
-
5 203
municipal
-
-
-
57 506
national
-
-
-
26 936
pensions
-
-
-
9 013
total
-
-
-
108 597
Employee
54 210
-
190 802
-
municipal
16 165
-
56 897
-
national
-
-
26 426
-
total
16 165
-
83 323
-
Employer
54 210
-
190 802
-
health
3 334
-
5 128
-
pensions
5 860
-
9 013
-
accident
108
-
167
-
unemployment
1 431
-
2 201
-
other
6 299
-
9 689
-
total
17 032
-
26 198
-
Corporate
145 757
217 000
-
-
income
32 067
47 740
-
-
total
32 067
47 740
-
-
Dividends
113 691
169 260
-
-
withholding
34 107
50 778
-
-
total
34 107
50 778
-
-
Income
217 000
217 000
217 000
217 000
Total tax
99 371
98 518
109 521
108 597
After tax
117 629
118 482
107 479
108 403
Living cost
38 045
38 045
38 045
38 045
Free-cash
79 584
80 437
69 434
70 358

Estimated living cost  is ₽38045 per week

₽25214
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3733
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.
₽8519
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71518
₽97000
₽68455
₽84652
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
217 000
income

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

-
-
-
72 877
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.

-
-
-
4 008
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.

-
-
-
6 387
trade
-
-
-
28 545
total
-
-
-
111 817
Employee

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

47 412
-
217 000
-
surtax

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

224
-
4 008
-
income

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

4 074
-
72 877
-
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.

6 387
-
6 387
-
total
10 685
-
83 272
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
169 588
217 000
-
-
income
25 439
32 550
-
-
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.

1 400
1 790
-
-
chamber of commerce
383
451
-
-
trade
27 898
35 697
-
-
total
55 120
70 488
-
-
Dividends
114 468
146 512
-
-
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.

1 554
1 994
-
-
withholding
28 261
36 272
-
-
total
29 815
38 266
-
-
Income
217 000
217 000
217 000
217 000
Total tax
95 620
108 754
83 272
111 817
After tax
121 380
108 246
133 728
105 183
Living cost
36 728
36 728
36 728
36 728
Free-cash
84 652
71 518
97 000
68 455

Estimated living cost  is ₽36728 per week

₽24564
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3873
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7743
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽127808
₽113607
₽115374
₽123931
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
217 000
income
-
-
-
50 640
social contributions
-
-
-
15 127
health
-
-
-
5 534
total
-
-
-
71 301
Employee
71 892
71 892
205 157
-
social contributions
3 493
5 967
8 048
-
income
7 549
6 655
49 689
-
health
715
1 222
3 488
-
total
11 757
13 844
61 225
-
Employer
71 892
71 892
205 157
-
health
779
1 331
3 795
-
social contributions
3 493
5 967
8 048
-
total
4 272
7 298
11 843
-
Corporate
170 645
137 811
-
-
income
21 331
17 226
-
-
total
21 331
17 226
-
-
Dividends
149 314
120 585
-
-
withholding
25 384
20 499
-
-
total
25 384
20 499
-
-
Income
217 000
217 000
217 000
217 000
Total tax
62 744
58 867
73 068
71 301
After tax
154 256
158 133
143 932
145 699
Living cost
30 325
30 325
30 325
30 325
Free-cash
123 931
127 808
113 607
115 374

Estimated living cost  is ₽30325 per week

₽20730
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2369
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽509
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6717
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽104716
₽108722
₽133252
₽105072
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
217 000
income
-
-
-
26 528
unemployment
-
-
-
3 255
health
-
-
-
15 190
pensions
-
-
-
21 700
total
-
-
-
66 673
Employee

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

The minimum wage is 138,000 HUF per month.

24 648
9 809
181 590
-
unemployment
370
147
2 724
-
pensions
2 465
981
18 159
-
income
3 013
1 199
22 199
-
health
1 725
687
12 711
-
total
7 573
3 014
55 793
-
Employer

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

The minimum wage is 138,000 HUF per month.

24 648
9 809
181 590
-
pensions
4 806
1 913
35 410
-
total
4 806
1 913
35 410
-
Corporate
187 546
205 278
-
-
income
16 879
18 475
-
-
total
16 879
18 475
-
-
Dividends
170 667
186 803
-
-
social contributions
33 168
36 314
-
-
withholding
32 427
35 493
-
-
total
65 595
71 807
-
-
Income
217 000
217 000
217 000
217 000
Total tax
94 853
95 209
91 203
66 673
After tax
122 147
121 791
125 797
150 327
Living cost
17 075
17 075
17 075
17 075
Free-cash
105 072
104 716
108 722
133 252

Estimated living cost  is ₽17075 per week

₽11652
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1397
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽341
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3684
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽151017
₽102494
₽93731
₽145211
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
217 000
income
-
-
-
29 078
health
-
-
-
28 210
pensions
-
-
-
43 399
total
-
-
-
100 687
Employee
26 523
-
162 182
-
unemployment
424
-
2 596
-
pensions
530
-
3 243
-
income
2 986
-
31 269
-
total
3 940
-
37 108
-
Employer
26 523
-
162 182
-
health
3 447
-
21 083
-
pensions
5 305
-
32 436
-
unemployment
213
-
1 297
-
total
8 965
-
54 816
-
Corporate
181 512
217 000
-
-
income
36 302
43 401
-
-
total
36 302
43 401
-
-
Dividends
145 210
173 599
-
-
total
-
-
-
-
Income
217 000
217 000
217 000
217 000
Total tax
49 207
43 401
91 924
100 687
After tax
167 793
173 599
125 076
116 313
Living cost
22 582
22 582
22 582
22 582
Free-cash
145 211
151 017
102 494
93 731

Estimated living cost  is ₽22582 per week

₽15489
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1345
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽454
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5294
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3204
₽98867
₽127379
₽14389
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
217 000
accident
-
-
-
239
income
-
-
-
62 261
other
-
-
-
350
health
-
-
-
2 060
pensions
-
-
-
3 930
total
-
-
-
68 840
Employee
32 690
-
198 418
-
pensions
3 681
-
7 207
-
income
4 485
-
48 845
-
health
3 743
-
22 719
-
total
11 909
-
78 771
-
Employer
32 690
-
198 418
-
pensions
5 316
-
10 407
-
accident
546
-
3 313
-
unemployment
801
-
4 861
-
total
6 663
-
18 581
-
Corporate
177 648
217 000
-
-
income

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

159 883
195 300
-
-
total
159 883
195 300
-
-
Dividends
17 765
21 700
-
-
withholding
3 375
4 123
-
-
total
3 375
4 123
-
-
Income
217 000
217 000
217 000
217 000
Total tax
181 830
199 423
97 352
68 840
After tax
35 170
17 577
119 648
148 160
Living cost
20 781
20 781
20 781
20 781
Free-cash
14 389
-3 204
98 867
127 379

Estimated living cost  is ₽20781 per week

₽15231
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1151
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽434
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3966
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽198504
₽165954
₽207184
₽197071
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
217 000
microenterprise

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

-
-
-
2 170
total
-
-
-
2 170
Employee
9 557
-
217 000
-
income
1 911
-
43 400
-
total
1 911
-
43 400
-
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%.

207 443
217 000
-
-
total
-
-
-
-
Dividends
207 443
217 000
-
-
withholding
10 372
10 850
-
-
total
10 372
10 850
-
-
Income
217 000
217 000
217 000
217 000
Total tax
12 283
10 850
43 400
2 170
After tax
204 717
206 150
173 600
214 830
Living cost
7 646
7 646
7 646
7 646
Free-cash
197 071
198 504
165 954
207 184

Estimated living cost  is ₽7646 per week

₽4739
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽636
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽210
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2062
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽134516
₽104668
₽106446
₽128204
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
217 000
income
-
-
-
38 511
other
-
-
-
6 753
health
-
-
-
6 256
pensions

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

-
-
-
34 122
total
-
-
-
85 642
Employee
33 946
-
180 863
-
unemployment
339
-
1 421
-
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.

2 376
-
9 952
-
income
5 844
-
37 919
-
health
475
-
1 991
-
total
9 034
-
51 283
-
Employer
33 946
-
180 863
-
health
475
-
1 991
-
pensions

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

5 772
-
24 170
-
accident
271
-
1 448
-
unemployment
339
-
1 421
-
other
1 698
-
7 107
-
total
8 555
-
36 137
-
Corporate
174 498
217 000
-
-
income
36 645
45 571
-
-
total
36 645
45 571
-
-
Dividends
137 854
171 429
-
-
withholding
9 650
12 001
-
-
total
9 650
12 001
-
-
Income
217 000
217 000
217 000
217 000
Total tax
63 884
57 572
87 420
85 642
After tax
153 116
159 428
129 580
131 358
Living cost
24 912
24 912
24 912
24 912
Free-cash
128 204
134 516
104 668
106 446

Estimated living cost  is ₽24912 per week

₽17602
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1682
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽401
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5227
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74368
₽58649
₽77991
₽81813
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
217 000
income
-
-
-
67 766
pensions
-
-
-
9 403
total
-
-
-
77 169
Employee
87 494
-
189 061
-
pensions
8 441
-
11 168
-
income
15 772
-
54 872
-
health
1 442
-
2 532
-
total
25 655
-
68 572
-
Employer
87 494
-
189 061
-
health
1 662
-
3 592
-
pensions
10 331
-
24 347
-
total
11 993
-
27 939
-
Corporate
117 514
217 000
-
-
income

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

22 327
41 230
-
-
total
22 327
41 230
-
-
Dividends
95 187
175 770
-
-
withholding
13 372
39 562
-
-
total
13 372
39 562
-
-
Income
217 000
217 000
217 000
217 000
Total tax
73 347
80 792
96 511
77 169
After tax
143 653
136 208
120 489
139 831
Living cost
61 840
61 840
61 840
61 840
Free-cash
81 813
74 368
58 649
77 991

Estimated living cost  is ₽61840 per week

₽46338
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7266
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.
₽7734
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽173272
₽172538
₽163464
₽168926
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
217 000
income
-
-
-
32 550
unemployment
-
-
-
131
health
-
-
-
3 757
pensions

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

-
-
-
4 835
total
-
-
-
41 273
Employee
16 238
-
210 590
-
accident

We are using the highest rate at 1.1%.

179
-
359
-
pensions

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

1 426
-
2 869
-
income
1 624
-
21 059
-
health
747
-
1 503
-
total
3 976
-
25 790
-
Employer
16 238
-
210 590
-
health
1 121
-
2 254
-
pensions

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

1 790
-
3 600
-
accident

We are using the highest rate at 1.1%.

179
-
359
-
unemployment
97
-
196
-
total
3 187
-
6 409
-
Corporate
197 576
217 000
-
-
income
19 757
21 700
-
-
total
19 757
21 700
-
-
Dividends
177 818
195 300
-
-
withholding
8 891
9 765
-
-
total
8 891
9 765
-
-
Income
217 000
217 000
217 000
217 000
Total tax
35 811
31 465
32 199
41 273
After tax
181 189
185 535
184 801
175 727
Living cost
12 263
12 263
12 263
12 263
Free-cash
168 926
173 272
172 538
163 464

Estimated living cost  is ₽12263 per week

₽7159
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽876
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽325
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3903
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56372
₽86928
₽64318
₽58723
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
217 000
income
-
-
-
78 356
health
-
-
-
11 529
pensions
-
-
-
10 954
total
-
-
-
100 839
Employee
86 680
79 840
199 625
-
pensions
10 954
10 954
10 954
-
income

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

13 068
13 068
38 372
-
health
10 814
10 423
11 529
-
total
34 836
34 445
60 855
-
Employer
86 680
79 840
199 625
-
health
6 023
5 550
6 896
-
pensions
6 032
5 557
6 907
-
unemployment
3 121
2 874
3 571
-
total
15 176
13 981
17 374
-
Corporate
115 143
123 180
-
-
income
23 029
24 637
-
-
total
23 029
24 637
-
-
Dividends
92 114
98 543
-
-
income
19 575
20 941
-
-
withholding
13 818
14 781
-
-
total
33 393
35 722
-
-
Income
217 000
217 000
217 000
217 000
Total tax
106 434
108 785
78 229
100 839
After tax
110 566
108 215
138 771
116 161
Living cost
51 843
51 843
51 843
51 843
Free-cash
58 723
56 372
86 928
64 318

Estimated living cost  is ₽51843 per week

₽38243
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4631
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.
₽8376
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽126169
₽95575
₽105110
₽117880
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
217 000
income
-
-
-
23 140
social contributions
-
-
-
33 436
solidarity contribution
-
-
-
2 783
health
-
-
-
29 295
total
-
-
-
88 654
Employee
34 171
-
172 820
-
solidarity contribution
-
-
1 928
-
social contributions
2 221
-
7 443
-
income
4 100
-
21 307
-
health
4 613
-
23 331
-
total
10 934
-
54 009
-
Employer
34 171
-
172 820
-
health
3 075
-
15 554
-
social contributions
8 543
-
28 626
-
total
11 618
-
44 180
-
Corporate
171 212
217 000
-
-
income
32 530
41 230
-
-
total
32 530
41 230
-
-
Dividends
138 681
175 770
-
-
withholding
20 802
26 365
-
-
total
20 802
26 365
-
-
Income
217 000
217 000
217 000
217 000
Total tax
75 884
67 595
98 189
88 654
After tax
141 116
149 405
118 811
128 346
Living cost
23 236
23 236
23 236
23 236
Free-cash
117 880
126 169
95 575
105 110

Estimated living cost  is ₽23236 per week

₽16140
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1653
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4986
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76327
₽57622
₽65548
₽71446
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
217 000
social contributions
-
-
-
46 793
regional
-
-
-
2 775
municipal
-
-
-
1 361
national
-
-
-
61 072
total
-
-
-
112 001
Employee
83 091
-
217 000
-
municipal
440
-
1 245
-
national
14 398
-
54 812
-
regional
784
-
2 523
-
social contributions
28 018
-
61 347
-
total
43 640
-
119 927
-
Employer
83 091
-
217 000
-
total
-
-
-
-
Corporate
133 909
217 000
-
-
municipal
5 223
8 463
-
-
nationa
32 138
52 080
-
-
total
37 361
60 543
-
-
Dividends
96 548
156 457
-
-
withholding
25 102
40 679
-
-
total
25 102
40 679
-
-
Income
217 000
217 000
217 000
217 000
Total tax
106 103
101 222
119 927
112 001
After tax
110 897
115 778
97 073
104 999
Living cost
39 451
39 451
39 451
39 451
Free-cash
71 446
76 327
57 622
65 548

Estimated living cost  is ₽39451 per week

₽27500
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2587
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.
₽8758
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽115862
₽75650
₽81365
₽112952
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
217 000
income
-
-
-
69 208
other
-
-
-
-
surtax
-
-
-
11 768
unemployment
-
-
-
213
health
-
-
-
8 859
pensions
-
-
-
24 956
total
-
-
-
115 004
Employee
30 918
-
190 735
-
other
-
-
-
-
unemployment
2 152
-
8 685
-
pensions
2 062
-
8 323
-
surtax
101
-
10 649
-
income
5 182
-
63 616
-
health
790
-
3 181
-
total
10 287
-
94 454
-
Employer
30 918
-
190 735
-
health
1 407
-
5 677
-
pensions
4 121
-
16 633
-
unemployment
979
-
3 955
-
other
-
-
-
-
total
6 507
-
26 265
-
Corporate
179 575
217 000
-
-
income
46 690
56 420
-
-
total
46 690
56 420
-
-
Dividends
132 884
160 580
-
-
withholding
19 933
24 087
-
-
total
19 933
24 087
-
-
Income
217 000
217 000
217 000
217 000
Total tax
83 417
80 507
120 719
115 004
After tax
133 583
136 493
96 281
101 996
Living cost
20 631
20 631
20 631
20 631
Free-cash
112 952
115 862
75 650
81 365

Estimated living cost  is ₽20631 per week

₽12615
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1904
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.
₽5637
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93961
₽78242
₽97584
₽100070
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
217 000
income
-
-
-
67 766
pensions
-
-
-
9 403
total
-
-
-
77 169
Employee
58 636
-
189 061
-
pensions
4 977
-
11 168
-
income
10 561
-
54 872
-
health
851
-
2 532
-
total
16 389
-
68 572
-
Employer
58 636
-
189 061
-
health
1 114
-
3 592
-
pensions
6 347
-
24 347
-
total
7 461
-
27 939
-
Corporate
150 903
217 000
-
-
income

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

28 672
41 230
-
-
total
28 672
41 230
-
-
Dividends
122 231
175 770
-
-
withholding
22 161
39 562
-
-
total
22 161
39 562
-
-
Income
217 000
217 000
217 000
217 000
Total tax
74 683
80 792
96 511
77 169
After tax
142 317
136 208
120 489
139 831
Living cost
42 247
42 247
42 247
42 247
Free-cash
100 070
93 961
78 242
97 584

Estimated living cost  is ₽42247 per week

₽31651
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3167
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽442
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6987
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽24942
₽89962
₽97917
₽56726
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
217 000
other

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

-
-
-
4 341
regional
-
-
-
12 140
health
-
-
-
488
city
-
-
-
2 288
national
-
-
-
5 576
pensions
-
-
-
19 963
total
-
-
-
44 796
Employee
86 935
-
195 289
-
unemployment
-
-
-
-
pensions
7 304
-
15 218
-
national
411
-
4 605
-
regional
2 847
-
10 814
-
city
933
-
2 112
-
health
197
-
439
-
total
11 692
-
33 188
-
Employer
86 935
-
195 289
-
health
197
-
439
-
pensions
7 304
-
15 218
-
unemployment
-
-
-
-
other

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

1 738
-
3 906
-
total
9 239
-
19 563
-
Corporate
119 871
217 000
-
-
regional
25 353
45 896
-
-
national
10 189
18 444
-
-
total
35 542
64 340
-
-
Dividends
84 329
152 659
-
-
withholding
29 514
53 431
-
-
total
29 514
53 431
-
-
Income
217 000
217 000
217 000
217 000
Total tax
85 987
117 771
52 751
44 796
After tax
131 013
99 229
164 249
172 204
Living cost
74 287
74 287
74 287
74 287
Free-cash
56 726
24 942
89 962
97 917

Estimated living cost  is ₽74287 per week

₽48308
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6666
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽912
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18400
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽64298
₽90898
₽61137
₽79459
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
217 000
income

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

-
-
-
72 877
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.

-
-
-
4 008
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.

-
-
-
6 387
trade
-
-
-
29 761
total
-
-
-
113 033
Employee

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

56 188
-
217 000
-
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.

364
-
4 008
-
income

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

6 607
-
72 877
-
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.

6 387
-
6 387
-
total
13 358
-
83 272
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
160 812
217 000
-
-
income
24 122
32 550
-
-
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.

1 327
1 790
-
-
chamber of commerce
369
447
-
-
trade
27 580
37 216
-
-
total
53 398
72 003
-
-
Dividends
107 414
144 997
-
-
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.

1 457
1 975
-
-
withholding
26 498
35 894
-
-
total
27 955
37 869
-
-
Income
217 000
217 000
217 000
217 000
Total tax
94 711
109 872
83 272
113 033
After tax
122 289
107 128
133 728
103 967
Living cost
42 830
42 830
42 830
42 830
Free-cash
79 459
64 298
90 898
61 137

Estimated living cost  is ₽42830 per week

₽31281
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3426
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽557
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7567
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77380
₽79400
₽86179
₽82906
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
217 000
income
-
-
-
41 406
other
-
-
-
6 728
surtax
-
-
-
-
social contributions
-
-
-
6 183
health
-
-
-
10 810
pensions
-
-
-
33 707
total
-
-
-
98 834
Employee
40 014
-
165 230
-
pensions
4 524
-
12 616
-
surtax
-
-
-
-
social contributions
1 141
-
4 707
-
income
2 361
-
36 520
-
total
8 026
-
53 843
-
Employer
40 014
-
165 230
-
health
2 801
-
16 622
-
pensions
6 573
-
21 036
-
unemployment
1 620
-
6 692
-
social contributions
121
-
495
-
other
1 380
-
6 925
-
total
12 495
-
51 770
-
Corporate
164 491
217 000
-
-
income
46 057
60 760
-
-
surtax
-
-
-
-
total
46 057
60 760
-
-
Dividends
118 434
156 240
-
-
surtax
-
-
-
-
social contributions
20 370
26 874
-
-
withholding
15 159
19 999
-
-
total
35 529
46 873
-
-
Income
217 000
217 000
217 000
217 000
Total tax
102 107
107 633
105 613
98 834
After tax
114 893
109 367
111 387
118 166
Living cost
31 987
31 987
31 987
31 987
Free-cash
82 906
77 380
79 400
86 179

Estimated living cost  is ₽31987 per week

₽20169
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2601
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8674
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80549
₽82569
₽89348
₽85744
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
217 000
income
-
-
-
41 406
other
-
-
-
6 728
surtax
-
-
-
-
social contributions
-
-
-
6 183
health
-
-
-
10 810
pensions
-
-
-
33 707
total
-
-
-
98 834
Employee
35 718
-
165 230
-
pensions
4 040
-
12 616
-
surtax
-
-
-
-
social contributions
1 018
-
4 707
-
income
1 842
-
36 520
-
total
6 900
-
53 843
-
Employer
35 718
-
165 230
-
health
2 500
-
16 622
-
pensions
5 869
-
21 036
-
unemployment
1 446
-
6 692
-
social contributions
106
-
495
-
other
1 233
-
6 925
-
total
11 154
-
51 770
-
Corporate
170 128
217 000
-
-
income
47 636
60 760
-
-
surtax
-
-
-
-
total
47 636
60 760
-
-
Dividends
122 492
156 240
-
-
surtax
-
-
-
-
social contributions
21 069
26 874
-
-
withholding
15 679
19 999
-
-
total
36 748
46 873
-
-
Income
217 000
217 000
217 000
217 000
Total tax
102 438
107 633
105 613
98 834
After tax
114 562
109 367
111 387
118 166
Living cost
28 818
28 818
28 818
28 818
Free-cash
85 744
80 549
82 569
89 348

Estimated living cost  is ₽28818 per week

₽16713
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2927
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽546
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8632
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽112565
₽113522
₽119534
₽113052
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
217 000
income
-
-
-
32 550
social contributions
-
-
-
29 945
health
-
-
-
15 146
total
-
-
-
77 641
Employee
31 700
-
217 000
-
social contributions
4 375
-
29 945
-
income
5 287
-
38 562
-
health
2 212
-
15 146
-
total
11 874
-
83 653
-
Employer
31 700
-
217 000
-
total
-
-
-
-
Corporate
185 300
217 000
-
-
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%.

9 265
10 849
-
-
total
9 265
10 849
-
-
Dividends
176 035
206 151
-
-
social contributions
24 292
28 449
-
-
withholding
26 406
30 923
-
-
health
12 286
14 389
-
-
total
62 984
73 761
-
-
Income
217 000
217 000
217 000
217 000
Total tax
84 123
84 610
83 653
77 641
After tax
132 877
132 390
133 347
139 359
Living cost
19 825
19 825
19 825
19 825
Free-cash
113 052
112 565
113 522
119 534

Estimated living cost  is ₽19825 per week

₽13268
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1222
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4877
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86622
₽23860
₽78115
₽85175
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
217 000
income
-
-
-
70 594
surtax
-
-
-
185
unemployment
-
-
-
5 734
chamber of commerce
-
-
-
868
health
-
-
-
8 355
pensions
-
-
-
20 206
total
-
-
-
105 942
Employee
46 724
37 258
180 201
-
other
467
373
1 093
-
unemployment
1 402
1 118
3 277
-
pensions
4 785
3 815
11 185
-
income
5 319
2 748
59 452
-
health
1 808
1 442
4 226
-
total
13 781
9 496
79 233
-
Employer
46 724
37 258
180 201
-
chamber of commerce
186
149
720
-
health
1 765
1 409
4 129
-
pensions
5 864
4 677
13 708
-
accident
607
484
1 419
-
unemployment
1 402
1 118
3 277
-
surtax
185
185
185
-
payroll
1 402
1 118
5 406
-
other
2 220
1 769
7 956
-
total
13 631
10 909
36 800
-
Corporate
156 647
168 834
176 653
-
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.

39 162
42 208
44 164
-
total
39 162
42 208
44 164
-
Dividends
117 485
126 625
-
-
withholding
32 308
34 822
-
-
total
32 308
34 822
-
-
Income
217 000
217 000
217 000
217 000
Total tax
98 882
97 435
160 197
105 942
After tax
118 118
119 565
56 803
111 058
Living cost
32 943
32 943
32 943
32 943
Free-cash
85 175
86 622
23 860
78 115

Estimated living cost  is ₽32943 per week

₽21972
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2810
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽541
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7620
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84621
₽39390
₽60328
₽73141
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
217 000
communal

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

-
-
-
11 621
social contributions
-
-
-
23 309
national
-
-
-
87 653
total
-
-
-
122 583
Employee

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

66 876
-
168 076
-
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.

582
-
1 462
-
communal

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

3 488
-
8 766
-
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.

5 016
-
12 606
-
national
20 560
-
63 863
-
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.

3 142
-
7 899
-
total
32 788
-
94 596
-
Employer

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

66 876
-
168 076
-
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.

4 113
-
10 337
-
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.

5 926
-
14 891
-
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.

869
-
2 184
-
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.

976
-
2 454
-
surtax
7 583
-
19 059
-
total
19 467
-
48 925
-
Corporate
130 657
217 000
-
-
income
26 131
46 962
-
-
surtax
523
939
-
-
total
26 654
47 901
-
-
Dividends
104 003
169 100
-
-
withholding

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

30 861
50 389
-
-
total
30 861
50 389
-
-
Income
217 000
217 000
217 000
217 000
Total tax
109 770
98 290
143 521
122 583
After tax
107 230
118 710
73 479
94 417
Living cost
34 089
34 089
34 089
34 089
Free-cash
73 141
84 621
39 390
60 328

Estimated living cost  is ₽34089 per week

₽21958
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2981
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽534
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8617
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽110250
₽83506
₽87429
₽103845
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
217 000
accident
-
-
-
781
income
-
-
-
69 809
other
-
-
-
87
unemployment
-
-
-
607
pensions
-
-
-
24 523
total
-
-
-
95 807
Employee
46 539
-
189 374
-
other
46
-
87
-
unemployment
722
-
1 343
-
pensions
2 188
-
4 074
-
income
9 819
-
66 599
-
total
12 775
-
72 103
-
Employer
46 539
-
189 374
-
pensions
10 982
-
20 451
-
accident
921
-
1 716
-
unemployment
2 560
-
4 766
-
other
371
-
694
-
total
14 834
-
27 627
-
Corporate
155 627
217 000
-
-
income

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

23 343
32 550
-
-
total
23 343
32 550
-
-
Dividends
132 284
184 450
-
-
withholding
28 439
40 436
-
-
total
28 439
40 436
-
-
Income
217 000
217 000
217 000
217 000
Total tax
79 391
72 986
99 730
95 807
After tax
137 609
144 014
117 270
121 193
Living cost
33 764
33 764
33 764
33 764
Free-cash
103 845
110 250
83 506
87 429

Estimated living cost  is ₽33764 per week

₽24864
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2395
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.
₽6018
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71497
₽59271
₽50620
₽58638
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
217 000
communal
-
-
-
13 715
accident
-
-
-
1 829
income
-
-
-
41 498
surtax
-
-
-
10 759
health
-
-
-
15 246
pensions
-
-
-
32 525
total
-
-
-
115 572
Employee
70 802
-
193 838
-
pensions
5 663
-
15 507
-
surtax
4 340
-
11 880
-
income
6 839
-
47 745
-
health
3 151
-
8 626
-
total
19 993
-
83 758
-
Employer
70 802
-
193 838
-
health
2 159
-
5 912
-
pensions
5 663
-
15 507
-
accident
637
-
1 744
-
total
8 459
-
23 163
-
Corporate
137 739
217 000
-
-
communal
9 297
14 648
-
-
income
20 661
32 550
-
-
surtax
1 446
2 278
-
-
total
31 404
49 476
-
-
Dividends
106 335
167 524
-
-
income
31 748
20 091
-
-
withholding
15 950
25 128
-
-
total
47 698
45 219
-
-
Income
217 000
217 000
217 000
217 000
Total tax
107 554
94 695
106 921
115 572
After tax
109 446
122 305
110 079
101 428
Living cost
50 808
50 808
50 808
50 808
Free-cash
58 638
71 497
59 271
50 620

Estimated living cost  is ₽50808 per week

₽38114
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3078
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽538
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9077
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽115493
₽75281
₽80996
₽112517
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
217 000
income
-
-
-
69 208
other
-
-
-
-
surtax
-
-
-
11 768
unemployment
-
-
-
213
health
-
-
-
8 859
pensions
-
-
-
24 956
total
-
-
-
115 004
Employee
31 485
-
190 735
-
other
-
-
-
-
unemployment
2 191
-
8 685
-
pensions
2 101
-
8 323
-
surtax
112
-
10 649
-
income
5 278
-
63 616
-
health
804
-
3 181
-
total
10 486
-
94 454
-
Employer
31 485
-
190 735
-
health
1 432
-
5 677
-
pensions
4 198
-
16 633
-
unemployment
999
-
3 955
-
other
-
-
-
-
total
6 629
-
26 265
-
Corporate
178 886
217 000
-
-
income
46 511
56 420
-
-
total
46 511
56 420
-
-
Dividends
132 375
160 580
-
-
withholding
19 857
24 087
-
-
total
19 857
24 087
-
-
Income
217 000
217 000
217 000
217 000
Total tax
83 483
80 507
120 719
115 004
After tax
133 517
136 493
96 281
101 996
Living cost
21 000
21 000
21 000
21 000
Free-cash
112 517
115 493
75 281
80 996

Estimated living cost  is ₽21000 per week

₽12679
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1826
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6009
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88876
₽71252
₽79134
₽86801
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
217 000
social contributions
-
-
-
46 793
regional
-
-
-
3 455
municipal
-
-
-
1 361
national
-
-
-
61 072
total
-
-
-
112 681
Employee
51 862
-
217 000
-
municipal
275
-
1 245
-
national
8 216
-
54 812
-
regional
698
-
3 159
-
social contributions
17 488
-
61 347
-
total
26 677
-
120 563
-
Employer
51 862
-
217 000
-
total
-
-
-
-
Corporate
165 138
217 000
-
-
municipal
8 208
10 785
-
-
nationa
39 632
52 080
-
-
total
47 840
62 865
-
-
Dividends
117 298
154 134
-
-
withholding
30 497
40 074
-
-
total
30 497
40 074
-
-
Income
217 000
217 000
217 000
217 000
Total tax
105 014
102 939
120 563
112 681
After tax
111 986
114 061
96 437
104 319
Living cost
25 185
25 185
25 185
25 185
Free-cash
86 801
88 876
71 252
79 134

Estimated living cost  is ₽25185 per week

₽15663
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2551
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽431
Clothing and shoes. We estimate one pair of shoes and 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 Naples model

Close
Prague , Czech Republic
₽120772
₽90178
₽99713
₽110556
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
217 000
income
-
-
-
23 140
social contributions
-
-
-
33 436
solidarity contribution
-
-
-
2 783
health
-
-
-
29 295
total
-
-
-
88 654
Employee
42 107
-
172 820
-
solidarity contribution
-
-
1 928
-
social contributions
2 737
-
7 443
-
income
5 053
-
21 307
-
health
5 684
-
23 331
-
total
13 474
-
54 009
-
Employer
42 107
-
172 820
-
health
3 790
-
15 554
-
social contributions
10 527
-
28 626
-
total
14 317
-
44 180
-
Corporate
160 577
217 000
-
-
income
30 510
41 230
-
-
total
30 510
41 230
-
-
Dividends
130 067
175 770
-
-
withholding
19 510
26 365
-
-
total
19 510
26 365
-
-
Income
217 000
217 000
217 000
217 000
Total tax
77 811
67 595
98 189
88 654
After tax
139 189
149 405
118 811
128 346
Living cost
28 633
28 633
28 633
28 633
Free-cash
110 556
120 772
90 178
99 713

Estimated living cost  is ₽28633 per week

₽21293
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1586
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5258
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Prague model

Close
Graz , Austria
₽89837
₽27019
₽81415
₽89376
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
217 000
income
-
-
-
70 594
surtax
-
-
-
-
unemployment
-
-
-
5 734
chamber of commerce
-
-
-
868
health
-
-
-
8 355
pensions
-
-
-
20 206
total
-
-
-
105 757
Employee
40 869
37 258
180 371
-
other
408
373
1 093
-
unemployment
1 226
1 118
3 277
-
pensions
4 185
3 815
11 185
-
income
3 641
2 748
59 537
-
health
1 581
1 442
4 226
-
total
11 041
9 496
79 318
-
Employer
40 869
37 258
180 371
-
chamber of commerce
163
149
722
-
health
1 545
1 409
4 129
-
pensions
5 129
4 677
13 708
-
accident
530
484
1 419
-
unemployment
1 226
1 118
3 277
-
surtax
-
-
-
-
payroll
1 226
1 118
5 411
-
other
1 941
1 769
7 963
-
total
11 760
10 724
36 629
-
Corporate
164 370
169 018
176 823
-
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.

41 093
42 255
44 206
-
total
41 093
42 255
44 206
-
Dividends
123 278
126 764
-
-
withholding
33 902
34 860
-
-
total
33 902
34 860
-
-
Income
217 000
217 000
217 000
217 000
Total tax
97 796
97 335
160 153
105 757
After tax
119 204
119 665
56 847
111 243
Living cost
29 828
29 828
29 828
29 828
Free-cash
89 376
89 837
27 019
81 415

Estimated living cost  is ₽29828 per week

₽17893
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3046
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.
₽8357
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽194235
₽161685
₽202915
₽192001
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
217 000
microenterprise

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

-
-
-
2 170
total
-
-
-
2 170
Employee
14 894
-
217 000
-
income
2 979
-
43 400
-
total
2 979
-
43 400
-
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%.

202 106
217 000
-
-
total
-
-
-
-
Dividends
202 106
217 000
-
-
withholding
10 105
10 850
-
-
total
10 105
10 850
-
-
Income
217 000
217 000
217 000
217 000
Total tax
13 084
10 850
43 400
2 170
After tax
203 916
206 150
173 600
214 830
Living cost
11 915
11 915
11 915
11 915
Free-cash
192 001
194 235
161 685
202 915

Estimated living cost  is ₽11915 per week

₽8063
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽500
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽400
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2952
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽124329
₽70254
₽74965
₽116507
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
217 000
income
-
-
-
55 651
unemployment
-
-
-
325
health
-
-
-
21 353
pensions
-
-
-
39 629
total
-
-
-
116 958
Employee

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

41 343
-
187 765
-
unemployment
59
-
263
-
pensions
6 408
-
29 104
-
income
7 130
-
50 938
-
health
2 670
-
12 130
-
total
16 267
-
92 435
-
Employer

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

41 343
-
187 765
-
health
2 754
-
12 505
-
pensions
3 658
-
16 617
-
unemployment
25
-
112
-
total
6 437
-
29 234
-
Corporate
169 220
217 000
-
-
income
32 152
41 229
-
-
total
32 152
41 229
-
-
Dividends
137 068
175 771
-
-
withholding
20 560
26 365
-
-
total
20 560
26 365
-
-
Income
217 000
217 000
217 000
217 000
Total tax
75 416
67 594
121 669
116 958
After tax
141 584
149 406
95 331
100 042
Living cost
25 077
25 077
25 077
25 077
Free-cash
116 507
124 329
70 254
74 965

Estimated living cost  is ₽25077 per week

₽17210
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1607
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.
₽5775
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91776
₽164482
₽109717
₽47409
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
217 000
income
-
-
-
42 298
social contributions
-
-
-
24 738
total
-
-
-
67 036
Employee
57 709
-
-
-
social contributions
4 732
-
674
-
income
12 729
-
-
-
total
17 461
-
674
-
Employer
57 709
-
-
-
social contributions
81 369
-
11 597
-
total
81 369
-
11 597
-
Corporate
77 922
217 000
-
-
income
17 143
47 740
-
-
total
17 143
47 740
-
-
Dividends
60 779
169 260
-
-
income
13 371
37 237
-
-
total
13 371
37 237
-
-
Income
217 000
217 000
217 000
217 000
Total tax
129 344
84 977
12 271
67 036
After tax
87 656
132 023
204 729
149 964
Living cost
40 247
40 247
40 247
40 247
Free-cash
47 409
91 776
164 482
109 717

Estimated living cost  is ₽40247 per week

₽26114
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3785
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9835
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94103
₽66335
₽83530
₽93164
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
217 000
income
-
-
-
28 736
surtax
-
-
-
-
social contributions

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

-
-
-
75 408
total
-
-
-
104 144
Employee
43 000
-
175 354
-
surtax
-
-
353
-
social contributions
4 730
-
19 289
-
income
8 944
-
60 051
-
total
13 674
-
79 693
-
Employer
43 000
-
175 354
-
social contributions
10 212
-
41 646
-
total
10 212
-
41 646
-
Corporate
163 788
217 000
-
-
income
34 395
45 571
-
-
surtax
-
-
-
-
total
34 395
45 571
-
-
Dividends
129 393
171 429
-
-
withholding
36 229
48 000
-
-
total
36 229
48 000
-
-
Income
217 000
217 000
217 000
217 000
Total tax
94 510
93 571
121 339
104 144
After tax
122 490
123 429
95 661
112 856
Living cost
29 326
29 326
29 326
29 326
Free-cash
93 164
94 103
66 335
83 530

Estimated living cost  is ₽29326 per week

₽21942
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1730
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.
₽5165
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64211
₽66231
₽73010
₽70638
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
217 000
income
-
-
-
41 406
other
-
-
-
6 728
surtax
-
-
-
-
social contributions
-
-
-
6 183
health
-
-
-
10 810
pensions
-
-
-
33 707
total
-
-
-
98 834
Employee
58 557
-
165 230
-
pensions
6 623
-
12 616
-
surtax
-
-
-
-
social contributions
1 668
-
4 707
-
income
5 109
-
36 520
-
total
13 400
-
53 843
-
Employer
58 557
-
165 230
-
health
4 098
-
16 622
-
pensions
9 622
-
21 036
-
unemployment
2 372
-
6 692
-
social contributions
176
-
495
-
other
2 021
-
6 925
-
total
18 289
-
51 770
-
Corporate
140 155
217 000
-
-
income
39 244
60 760
-
-
surtax
-
-
-
-
total
39 244
60 760
-
-
Dividends
100 911
156 240
-
-
surtax
-
-
-
-
social contributions
17 357
26 874
-
-
withholding
12 916
19 999
-
-
total
30 273
46 873
-
-
Income
217 000
217 000
217 000
217 000
Total tax
101 206
107 633
105 613
98 834
After tax
115 794
109 367
111 387
118 166
Living cost
45 156
45 156
45 156
45 156
Free-cash
70 638
64 211
66 231
73 010

Estimated living cost  is ₽45156 per week

₽30561
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3694
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽619
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10282
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽167196
₽135673
₽129908
₽164056
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
217 000
income
-
-
-
11 248
social contributions
-
-
-
47 740
total
-
-
-
58 988
Employee
30 057
-
187 878
-
income
-
-
11 889
-
social contributions
1 953
-
12 212
-
total
1 953
-
24 101
-
Employer
30 057
-
187 878
-
social contributions
4 659
-
29 122
-
total
4 659
-
29 122
-
Corporate
182 284
217 000
-
-
income
18 228
21 700
-
-
total
18 228
21 700
-
-
Dividends
164 056
195 300
-
-
total
-
-
-
-
Income
217 000
217 000
217 000
217 000
Total tax
24 840
21 700
53 223
58 988
After tax
192 160
195 300
163 777
158 012
Living cost
28 104
28 104
28 104
28 104
Free-cash
164 056
167 196
135 673
129 908

Estimated living cost  is ₽28104 per week

₽18171
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2118
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽529
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7285
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13499
₽13499
₽79967
₽7686
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
217 000
labour market
-
-
-
17 295
municipal
-
-
-
46 761
national
-
-
-
27 185
pensions
-
-
-
810
total
-
-
-
92 051
Employee
189 858
189 858
189 858
-
municipal
40 429
40 429
40 429
-
labour market
15 167
15 167
15 167
-
pensions
270
270
270
-
national
23 195
23 195
23 195
-
total
79 061
79 061
79 061
-
Employer
189 858
189 858
189 858
-
national
23 235
23 235
23 235
-
labour market
15 189
15 189
15 189
-
pensions
540
540
540
-
municipal
40 494
40 494
40 494
-
total
79 458
79 458
79 458
-
Corporate
13 501
-
-
-
income
2 970
-
-
-
total
2 970
-
-
-
Dividends
10 530
-
-
-
withholding
2 843
-
-
-
total
2 843
-
-
-
Income
217 000
217 000
217 000
217 000
Total tax
164 332
158 519
158 519
92 051
After tax
52 668
58 481
58 481
124 949
Living cost
44 982
44 982
44 982
44 982
Free-cash
7 686
13 499
13 499
79 967

Estimated living cost  is ₽44982 per week

₽30786
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3979
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽692
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9525
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2898
₽99173
₽127685
₽14436
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
217 000
accident
-
-
-
239
income
-
-
-
62 261
other
-
-
-
350
health
-
-
-
2 060
pensions
-
-
-
3 930
total
-
-
-
68 840
Employee
32 208
-
198 418
-
pensions
3 627
-
7 207
-
income
4 419
-
48 845
-
health
3 688
-
22 719
-
total
11 734
-
78 771
-
Employer
32 208
-
198 418
-
pensions
5 237
-
10 407
-
accident
538
-
3 313
-
unemployment
789
-
4 861
-
total
6 564
-
18 581
-
Corporate
178 228
217 000
-
-
income

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

160 405
195 300
-
-
total
160 405
195 300
-
-
Dividends
17 823
21 700
-
-
withholding
3 386
4 123
-
-
total
3 386
4 123
-
-
Income
217 000
217 000
217 000
217 000
Total tax
182 089
199 423
97 352
68 840
After tax
34 911
17 577
119 648
148 160
Living cost
20 475
20 475
20 475
20 475
Free-cash
14 436
-2 898
99 173
127 685

Estimated living cost  is ₽20475 per week

₽14903
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1167
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽384
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4020
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96831
₽71610
₽96466
₽99718
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
217 000
health
-
-
-
2 952
municipal
-
-
-
38 529
national
-
-
-
43 158
total
-
-
-
84 639
Employee
49 189
-
182 552
-
municipal
8 057
-
29 713
-
unemployment
738
-
2 738
-
pensions
3 320
-
12 322
-
national
813
-
27 852
-
health
367
-
2 422
-
total
13 295
-
75 047
-
Employer
49 189
-
182 552
-
health
378
-
1 405
-
pensions
8 534
-
31 673
-
accident
50
-
183
-
unemployment
319
-
1 187
-
total
9 281
-
34 448
-
Corporate
158 530
217 000
-
-
income
31 707
43 401
-
-
total
31 707
43 401
-
-
Dividends

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

95 118
130 199
-
-
municipal
17 121
23 436
-
-
national
9 983
17 437
-
-
total
27 104
40 873
-
-
Income
217 000
217 000
217 000
217 000
Total tax
81 387
84 274
109 495
84 639
After tax
135 613
132 726
107 505
132 361
Living cost
35 895
35 895
35 895
35 895
Free-cash
99 718
96 831
71 610
96 466

Estimated living cost  is ₽35895 per week

₽23446
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3453
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8426
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽136487
₽122286
₽124053
₽131399
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
217 000
income
-
-
-
50 640
social contributions
-
-
-
15 127
health
-
-
-
5 534
total
-
-
-
71 301
Employee
71 892
71 892
205 157
-
social contributions
2 718
5 967
8 048
-
income
7 828
6 655
49 689
-
health
557
1 222
3 488
-
total
11 103
13 844
61 225
-
Employer
71 892
71 892
205 157
-
health
605
1 331
3 795
-
social contributions
2 718
5 967
8 048
-
total
3 323
7 298
11 843
-
Corporate
180 928
137 811
-
-
income
22 616
17 226
-
-
total
22 616
17 226
-
-
Dividends
158 312
120 585
-
-
withholding
26 913
20 499
-
-
total
26 913
20 499
-
-
Income
217 000
217 000
217 000
217 000
Total tax
63 955
58 867
73 068
71 301
After tax
153 045
158 133
143 932
145 699
Living cost
21 646
21 646
21 646
21 646
Free-cash
131 399
136 487
122 286
124 053

Estimated living cost  is ₽21646 per week

₽12973
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2124
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽479
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6071
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽164853
₽151535
₽170289
₽160099
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
217 000
income
-
-
-
22 510
unemployment
-
-
-
27
health
-
-
-
3 383
pensions
-
-
-
5 947
total
-
-
-
31 867
Employee

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

21 460
-
207 863
-
unemployment
106
-
444
-
pensions
3 218
-
13 307
-
income
1 467
-
20 192
-
health
1 824
-
7 540
-
total
6 615
-
41 483
-
Employer

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

21 460
-
207 863
-
health
923
-
3 815
-
pensions
1 180
-
4 879
-
unemployment
106
-
444
-
total
2 209
-
9 138
-
Corporate
193 331
217 000
-
-
income
17 400
19 531
-
-
total
17 400
19 531
-
-
Dividends
175 932
197 469
-
-
withholding
15 833
17 772
-
-
total
15 833
17 772
-
-
Income
217 000
217 000
217 000
217 000
Total tax
42 057
37 303
50 621
31 867
After tax
174 943
179 697
166 379
185 133
Living cost
14 844
14 844
14 844
14 844
Free-cash
160 099
164 853
151 535
170 289

Estimated living cost  is ₽14844 per week

₽9471
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1070
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽442
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3861
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽118304
₽91560
₽95483
₽114174
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
217 000
accident
-
-
-
781
income
-
-
-
69 809
other
-
-
-
87
unemployment
-
-
-
607
pensions
-
-
-
24 523
total
-
-
-
95 807
Employee
34 570
-
189 374
-
other
34
-
87
-
unemployment
536
-
1 343
-
pensions
1 625
-
4 074
-
income
6 665
-
66 599
-
total
8 860
-
72 103
-
Employer
34 570
-
189 374
-
pensions
8 158
-
20 451
-
accident
685
-
1 716
-
unemployment
1 902
-
4 766
-
other
277
-
694
-
total
11 022
-
27 627
-
Corporate
171 409
217 000
-
-
income

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

25 712
32 550
-
-
total
25 712
32 550
-
-
Dividends
145 697
184 450
-
-
withholding
31 522
40 436
-
-
total
31 522
40 436
-
-
Income
217 000
217 000
217 000
217 000
Total tax
77 116
72 986
99 730
95 807
After tax
139 884
144 014
117 270
121 193
Living cost
25 710
25 710
25 710
25 710
Free-cash
114 174
118 304
91 560
95 483

Estimated living cost  is ₽25710 per week

₽17354
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2471
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5434
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽133578
₽138015
₽138145
₽133277
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
217 000
income
-
-
-
74 722
health
-
-
-
968
pensions
-
-
-
1 335
total
-
-
-
77 025
Employee
2 788
-
215 498
-
unemployment
28
-
67
-
pensions
251
-
601
-
income
539
-
74 652
-
health
139
-
334
-
total
957
-
75 654
-
Employer
2 788
-
215 498
-
health
265
-
634
-
pensions
307
-
734
-
unemployment
56
-
133
-
total
628
-
1 501
-
Corporate
213 585
217 000
-
-
income
46 989
47 740
-
-
total
46 989
47 740
-
-
Dividends
166 596
169 260
-
-
withholding
33 319
33 852
-
-
total
33 319
33 852
-
-
Income
217 000
217 000
217 000
217 000
Total tax
81 893
81 592
77 155
77 025
After tax
135 107
135 408
139 845
139 975
Living cost
1 830
1 830
1 830
1 830
Free-cash
133 277
133 578
138 015
138 145

Estimated living cost  is ₽1830 per week

₽1088
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽148
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽42
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽552
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽140607
₽124352
₽124351
₽136005
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
217 000
income
-
-
-
50 343
unemployment
-
-
-
1 037
health
-
-
-
7 120
pensions
-
-
-
17 973
total
-
-
-
76 473
Employee

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

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

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

24 392
-
204 627
-
unemployment
183
-
518
-
pensions
3 415
-
9 678
-
income
3 362
-
50 343
-
health
1 256
-
3 560
-
total
8 216
-
64 099
-
Employer

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

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

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

24 392
-
204 627
-
health
1 256
-
3 560
-
pensions
2 927
-
8 295
-
unemployment
183
-
518
-
total
4 366
-
12 373
-
Corporate
188 242
217 000
-
-
income
28 236
32 550
-
-
total
28 236
32 550
-
-
Dividends
160 006
184 450
-
-
withholding
24 001
27 667
-
-
total
24 001
27 667
-
-
Income
217 000
217 000
217 000
217 000
Total tax
64 819
60 217
76 472
76 473
After tax
152 181
156 783
140 528
140 527
Living cost
16 176
16 176
16 176
16 176
Free-cash
136 005
140 607
124 352
124 351

Estimated living cost  is ₽16176 per week

₽10891
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1251
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3565
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98224
₽70456
₽87651
₽97888
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
217 000
income
-
-
-
28 736
surtax
-
-
-
-
social contributions

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

-
-
-
75 408
total
-
-
-
104 144
Employee
36 287
-
175 354
-
surtax
-
-
353
-
social contributions
3 992
-
19 289
-
income
7 090
-
60 051
-
total
11 082
-
79 693
-
Employer
36 287
-
175 354
-
social contributions
8 617
-
41 646
-
total
8 617
-
41 646
-
Corporate
172 096
217 000
-
-
income
36 141
45 571
-
-
surtax
-
-
-
-
total
36 141
45 571
-
-
Dividends
135 955
171 429
-
-
withholding
38 067
48 000
-
-
total
38 067
48 000
-
-
Income
217 000
217 000
217 000
217 000
Total tax
93 907
93 571
121 339
104 144
After tax
123 093
123 429
95 661
112 856
Living cost
25 205
25 205
25 205
25 205
Free-cash
97 888
98 224
70 456
87 651

Estimated living cost  is ₽25205 per week

₽17852
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1751
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽447
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5156
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽111156
₽84412
₽88335
₽105038
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
217 000
accident
-
-
-
781
income
-
-
-
69 809
other
-
-
-
87
unemployment
-
-
-
607
pensions
-
-
-
24 523
total
-
-
-
95 807
Employee
45 153
-
189 374
-
other
44
-
87
-
unemployment
699
-
1 343
-
pensions
2 122
-
4 074
-
income
9 431
-
66 599
-
total
12 296
-
72 103
-
Employer
45 153
-
189 374
-
pensions
10 656
-
20 451
-
accident
894
-
1 716
-
unemployment
2 484
-
4 766
-
other
362
-
694
-
total
14 396
-
27 627
-
Corporate
157 451
217 000
-
-
income

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

23 618
32 550
-
-
total
23 618
32 550
-
-
Dividends
133 833
184 450
-
-
withholding
28 794
40 436
-
-
total
28 794
40 436
-
-
Income
217 000
217 000
217 000
217 000
Total tax
79 104
72 986
99 730
95 807
After tax
137 896
144 014
117 270
121 193
Living cost
32 858
32 858
32 858
32 858
Free-cash
105 038
111 156
84 412
88 335

Estimated living cost  is ₽32858 per week

₽23597
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2555
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.
₽6243
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽169446
₽168712
₽159638
₽163746
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
217 000
income
-
-
-
32 550
unemployment
-
-
-
131
health
-
-
-
3 757
pensions

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

-
-
-
4 835
total
-
-
-
41 273
Employee
21 305
-
210 590
-
accident

We are using the highest rate at 1.1%.

234
-
359
-
pensions

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

1 870
-
2 869
-
income
2 131
-
21 059
-
health
980
-
1 503
-
total
5 215
-
25 790
-
Employer
21 305
-
210 590
-
health
1 470
-
2 254
-
pensions

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

2 348
-
3 600
-
accident

We are using the highest rate at 1.1%.

234
-
359
-
unemployment
128
-
196
-
total
4 180
-
6 409
-
Corporate
191 515
217 000
-
-
income
19 151
21 700
-
-
total
19 151
21 700
-
-
Dividends
172 364
195 300
-
-
withholding
8 618
9 765
-
-
total
8 618
9 765
-
-
Income
217 000
217 000
217 000
217 000
Total tax
37 164
31 465
32 199
41 273
After tax
179 836
185 535
184 801
175 727
Living cost
16 090
16 090
16 090
16 090
Free-cash
163 746
169 446
168 712
159 638

Estimated living cost  is ₽16090 per week

₽10641
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽921
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽384
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4144
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75499
₽97633
₽72732
₽87729
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
217 000
income

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

-
-
-
72 877
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.

-
-
-
4 008
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.

-
-
-
6 387
trade
-
-
-
24 901
total
-
-
-
108 173
Employee

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

46 519
-
217 000
-
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.

211
-
4 008
-
income

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

3 825
-
72 877
-
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.

6 387
-
6 387
-
total
10 423
-
83 272
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
170 481
217 000
-
-
income
25 572
32 550
-
-
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.

1 407
1 790
-
-
chamber of commerce
392
460
-
-
trade
24 465
31 139
-
-
total
51 836
65 939
-
-
Dividends
118 646
151 061
-
-
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.

1 611
2 058
-
-
withholding
29 306
37 409
-
-
total
30 917
39 467
-
-
Income
217 000
217 000
217 000
217 000
Total tax
93 176
105 406
83 272
108 173
After tax
123 824
111 594
133 728
108 827
Living cost
36 095
36 095
36 095
36 095
Free-cash
87 729
75 499
97 633
72 732

Estimated living cost  is ₽36095 per week

₽24899
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3884
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽523
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6788
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98643
₽54980
₽54980
₽100707
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
217 000
income
-
-
-
71 346
social contributions
-
-
-
37 416
total
-
-
-
108 762
Employee
73 133
-
217 000
-
income
13 800
-
71 346
-
social contributions
6 076
-
37 416
-
total
19 876
-
108 762
-
Employer
73 133
-
217 000
-
total
-
-
-
-
Corporate
143 867
217 000
-
-
income
17 983
27 124
-
-
total
17 983
27 124
-
-
Dividends
125 884
189 876
-
-
withholding
25 176
37 975
-
-
total
25 176
37 975
-
-
Income
217 000
217 000
217 000
217 000
Total tax
63 035
65 099
108 762
108 762
After tax
153 965
151 901
108 238
108 238
Living cost
53 258
53 258
53 258
53 258
Free-cash
100 707
98 643
54 980
54 980

Estimated living cost  is ₽53258 per week

₽40518
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4340
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽509
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7892
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽102173
₽117160
₽144762
₽105441
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
217 000
income
-
-
-
32 550
health

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

-
-
-
5 750
total
-
-
-
38 300
Employee
42 889
-
212 699
-
income
4 654
-
57 300
-
social contributions
4 297
-
4 301
-
total
8 951
-
61 601
-
Employer
42 889
-
212 699
-
social contributions
4 297
-
4 301
-
total
4 297
-
4 301
-
Corporate
169 814
217 000
-
-
income
59 434
75 950
-
-
total
59 434
75 950
-
-
Dividends
110 379
141 050
-
-
social contributions
4 939
4 939
-
-
total
4 939
4 939
-
-
Income
217 000
217 000
217 000
217 000
Total tax
77 621
80 889
65 902
38 300
After tax
139 379
136 111
151 098
178 700
Living cost
33 938
33 938
33 938
33 938
Free-cash
105 441
102 173
117 160
144 762

Estimated living cost  is ₽33938 per week

₽22355
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2676
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8387
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sliema model

Close
Edinburgh , United Kingdom
₽101862
₽86143
₽105485
₽107339
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
217 000
income
-
-
-
67 766
pensions
-
-
-
9 403
total
-
-
-
77 169
Employee
47 144
-
189 061
-
pensions
3 598
-
11 168
-
income
8 585
-
54 872
-
health
615
-
2 532
-
total
12 798
-
68 572
-
Employer
47 144
-
189 061
-
health
896
-
3 592
-
pensions
4 763
-
24 347
-
total
5 659
-
27 939
-
Corporate
164 197
217 000
-
-
income

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

31 197
41 230
-
-
total
31 197
41 230
-
-
Dividends
133 000
175 770
-
-
withholding
25 661
39 562
-
-
total
25 661
39 562
-
-
Income
217 000
217 000
217 000
217 000
Total tax
75 315
80 792
96 511
77 169
After tax
141 685
136 208
120 489
139 831
Living cost
34 346
34 346
34 346
34 346
Free-cash
107 339
101 862
86 143
105 485

Estimated living cost  is ₽34346 per week

₽23561
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3158
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽430
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7195
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽4925
₽97146
₽125658
₽14126
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
217 000
accident
-
-
-
239
income
-
-
-
62 261
other
-
-
-
350
health
-
-
-
2 060
pensions
-
-
-
3 930
total
-
-
-
68 840
Employee
35 396
-
198 418
-
pensions
3 986
-
7 207
-
income
4 856
-
48 845
-
health
4 053
-
22 719
-
total
12 895
-
78 771
-
Employer
35 396
-
198 418
-
pensions
5 755
-
10 407
-
accident
591
-
3 313
-
unemployment
867
-
4 861
-
total
7 213
-
18 581
-
Corporate
174 391
217 000
-
-
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.

156 951
195 300
-
-
total
156 951
195 300
-
-
Dividends
17 439
21 700
-
-
withholding
3 313
4 123
-
-
total
3 313
4 123
-
-
Income
217 000
217 000
217 000
217 000
Total tax
180 372
199 423
97 352
68 840
After tax
36 628
17 577
119 648
148 160
Living cost
22 502
22 502
22 502
22 502
Free-cash
14 126
-4 925
97 146
125 658

Estimated living cost  is ₽22502 per week

₽16514
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1311
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4223
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽153391
₽147279
₽126743
₽150566
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
217 000
income
-
-
-
36 572
unemployment
-
-
-
1 792
work injury
-
-
-
747
health insurance
-
-
-
11 052
pensions
-
-
-
27 480
total
-
-
-
77 643
Employee

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

20 183
-
217 000
-
health insurance
1 493
-
5 526
-
unemployment
242
-
896
-
work injury
101
-
373
-
pensions
3 714
-
13 740
-
income
2 018
-
36 572
-
total
7 568
-
57 107
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
196 817
217 000
-
-
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%.

19 682
21 700
-
-
total
19 682
21 700
-
-
Dividends
177 136
195 300
-
-
withholding
26 570
29 295
-
-
total
26 570
29 295
-
-
Income
217 000
217 000
217 000
217 000
Total tax
53 820
50 995
57 107
77 643
After tax
163 180
166 005
159 893
139 357
Living cost
12 614
12 614
12 614
12 614
Free-cash
150 566
153 391
147 279
126 743

Estimated living cost  is ₽12614 per week

₽7815
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽917
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽394
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3489
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77056
₽57322
₽65003
₽72803
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
217 000
social contributions
-
-
-
46 793
regional
-
-
-
5 355
municipal
-
-
-
1 531
national
-
-
-
61 072
total
-
-
-
114 751
Employee
78 783
-
217 000
-
municipal
470
-
1 402
-
national
13 314
-
54 812
-
regional
1 189
-
4 871
-
social contributions
26 565
-
61 347
-
total
41 538
-
122 432
-
Employer
78 783
-
217 000
-
total
-
-
-
-
Corporate
138 217
217 000
-
-
municipal
6 662
10 459
-
-
nationa
33 172
52 080
-
-
total
39 834
62 539
-
-
Dividends
98 382
154 461
-
-
withholding
25 579
40 159
-
-
total
25 579
40 159
-
-
Income
217 000
217 000
217 000
217 000
Total tax
106 951
102 698
122 432
114 751
After tax
110 049
114 302
94 568
102 249
Living cost
37 246
37 246
37 246
37 246
Free-cash
72 803
77 056
57 322
65 003

Estimated living cost  is ₽37246 per week

₽26163
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2562
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽562
Clothing and shoes. We estimate one pair of shoes and 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 Source

Source of data for Rome model

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