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
₽79366
₽104486
₽77564
₽90325
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
71 788
surtax

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

-
-
-
3 948
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.

-
-
-
6 769
trade
-
-
-
26 922
total
-
-
-
109 427
Employee

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

37 895
-
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.

58
-
3 948
-
income

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

1 059
-
71 788
-
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.

6 769
-
6 769
-
total
7 886
-
82 505
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
179 105
217 000
-
-
income
26 866
32 549
-
-
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.

1 478
1 790
-
-
chamber of commerce
408
463
-
-
trade
28 210
34 178
-
-
total
56 962
68 980
-
-
Dividends
122 144
148 021
-
-
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.

1 658
2 016
-
-
withholding
30 160
36 629
-
-
total
31 818
38 645
-
-
Income
217 000
217 000
217 000
217 000
Total tax
96 666
107 625
82 505
109 427
After tax
120 334
109 375
134 495
107 573
Living cost
30 009
30 009
30 009
30 009
Free-cash
90 325
79 366
104 486
77 564

Estimated living cost  is ₽30009 per week

₽18877
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3499
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽560
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7073
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82921
₽73448
₽72284
₽82048
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
24 017
national
-
-
-
39 839
pensions
-
-
-
26 040
total
-
-
-
92 229
Employee
81 365
-
187 595
-
municipal
10 050
-
24 857
-
pensions
3 255
-
7 504
-
national
15 573
-
41 679
-
total
28 878
-
74 040
-
Employer
81 365
-
187 595
-
pensions
6 509
-
15 008
-
social contributions
875
-
2 017
-
total
7 384
-
17 025
-
Corporate
122 881
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%.

24 576
43 400
-
-
total
24 576
43 400
-
-
Dividends
98 305
173 600
-
-
withholding
21 627
38 192
-
-
total
21 627
38 192
-
-
Income
217 000
217 000
217 000
217 000
Total tax
82 465
81 592
91 065
92 229
After tax
134 535
135 408
125 935
124 771
Living cost
52 487
52 487
52 487
52 487
Free-cash
82 048
82 921
73 448
72 284

Estimated living cost  is ₽52487 per week

₽35675
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4879
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽786
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11148
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽152988
₽73424
₽57921
₽144859
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
45 172
surtax
-
-
-
55 335
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.

-
-
-
37 960
microenterprise
-
-
-
-
total
-
-
-
138 467
Employee
28 951
-
169 870
-
surtax
-
-
24 632
-
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.

3 185
-
12 988
-
income
5 154
-
38 214
-
total
8 339
-
75 834
-
Employer
28 951
-
169 870
-
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.

6 974
-
28 445
-
surtax
-
-
18 685
-
total
6 974
-
47 130
-
Corporate
181 076
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%.

36 216
43 400
-
-
total
36 216
43 400
-
-
Dividends

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

144 860
173 600
-
-
total
-
-
-
-
Income
217 000
217 000
217 000
217 000
Total tax
51 529
43 400
122 964
138 467
After tax
165 471
173 600
94 036
78 533
Living cost
20 612
20 612
20 612
20 612
Free-cash
144 859
152 988
73 424
57 921

Estimated living cost  is ₽20612 per week

₽13150
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1963
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.
₽5031
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66565
₽97290
₽75342
₽60494
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
76 328
health
-
-
-
12 217
pensions
-
-
-
11 608
total
-
-
-
100 153
Employee
84 607
84 607
198 588
-
pensions
15 229
11 608
11 608
-
income

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

13 849
13 849
35 969
-
health
12 986
11 046
12 217
-
total
42 064
36 503
59 794
-
Employer
84 607
84 607
198 588
-
health
5 881
5 881
7 308
-
pensions
5 889
5 889
7 319
-
unemployment
3 046
3 046
3 785
-
total
14 816
14 816
18 412
-
Corporate
118 615
117 577
-
-
income
23 724
23 515
-
-
total
23 724
23 515
-
-
Dividends
94 891
94 062
-
-
income
20 165
19 988
-
-
withholding
14 233
14 109
-
-
total
34 398
34 097
-
-
Income
217 000
217 000
217 000
217 000
Total tax
115 002
108 931
78 206
100 153
After tax
101 998
108 069
138 794
116 847
Living cost
41 504
41 504
41 504
41 504
Free-cash
60 494
66 565
97 290
75 342

Estimated living cost  is ₽41504 per week

₽29413
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3742
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽660
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7690
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rotterdam model

Close
Stockholm , Sweden
₽77726
₽67396
₽68384
₽76812
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
179
other
-
-
-
10 379
unemployment
-
-
-
89
health
-
-
-
5 574
municipal
-
-
-
56 993
national
-
-
-
24 990
pensions
-
-
-
9 656
total
-
-
-
107 860
Employee
58 073
-
188 935
-
municipal
17 317
-
56 340
-
national
-
-
24 443
-
total
17 317
-
80 783
-
Employer
58 073
-
188 935
-
health
3 571
-
5 493
-
pensions
6 278
-
9 656
-
accident
116
-
179
-
unemployment
1 533
-
2 358
-
other
6 748
-
10 379
-
total
18 246
-
28 065
-
Corporate
140 680
217 000
-
-
income
30 950
47 740
-
-
total
30 950
47 740
-
-
Dividends
109 731
169 260
-
-
withholding
32 919
50 778
-
-
total
32 919
50 778
-
-
Income
217 000
217 000
217 000
217 000
Total tax
99 432
98 518
108 848
107 860
After tax
117 568
118 482
108 152
109 140
Living cost
40 756
40 756
40 756
40 756
Free-cash
76 812
77 726
67 396
68 384

Estimated living cost  is ₽40756 per week

₽27011
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3999
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.
₽9126
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69342
₽95574
₽67454
₽83259
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
71 788
surtax

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

-
-
-
3 948
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.

-
-
-
6 769
trade
-
-
-
28 120
total
-
-
-
110 625
Employee

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

50 244
-
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.

237
-
3 948
-
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.

4 317
-
71 788
-
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.

6 769
-
6 769
-
total
11 323
-
82 505
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
166 756
217 000
-
-
income
25 014
32 549
-
-
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.

1 376
1 790
-
-
chamber of commerce
387
459
-
-
trade
27 432
35 697
-
-
total
54 209
70 495
-
-
Dividends
112 548
146 505
-
-
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.

1 527
1 993
-
-
withholding
27 761
36 249
-
-
total
29 288
38 242
-
-
Income
217 000
217 000
217 000
217 000
Total tax
94 820
108 737
82 505
110 625
After tax
122 180
108 263
134 495
106 375
Living cost
38 921
38 921
38 921
38 921
Free-cash
83 259
69 342
95 574
67 454

Estimated living cost  is ₽38921 per week

₽26031
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4104
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽581
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8205
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽126030
₽112263
₽114059
₽121922
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
49 243
social contributions
-
-
-
16 030
health
-
-
-
5 533
total
-
-
-
70 806
Employee
76 185
76 185
204 685
-
social contributions
3 702
6 323
8 528
-
income
8 000
7 052
48 279
-
health
758
1 295
3 480
-
total
12 460
14 670
60 287
-
Employer
76 185
76 185
204 685
-
health
825
1 410
3 787
-
social contributions
3 702
6 323
8 528
-
total
4 527
7 733
12 315
-
Corporate
167 877
133 082
-
-
income
20 984
16 636
-
-
total
20 984
16 636
-
-
Dividends
146 893
116 446
-
-
withholding
24 972
19 796
-
-
total
24 972
19 796
-
-
Income
217 000
217 000
217 000
217 000
Total tax
62 943
58 835
72 602
70 806
After tax
154 057
158 165
144 398
146 194
Living cost
32 135
32 135
32 135
32 135
Free-cash
121 922
126 030
112 263
114 059

Estimated living cost  is ₽32135 per week

₽21968
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2510
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7118
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽103681
₽107665
₽132195
₽104059
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

26 173
10 417
181 590
-
unemployment
393
156
2 724
-
pensions
2 617
1 042
18 159
-
income
3 200
1 273
22 199
-
health
1 832
729
12 711
-
total
8 042
3 200
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.

26 173
10 417
181 590
-
pensions
5 104
2 031
35 410
-
total
5 104
2 031
35 410
-
Corporate
185 723
204 552
-
-
income
16 715
18 410
-
-
total
16 715
18 410
-
-
Dividends
169 008
186 142
-
-
social contributions
32 837
36 179
-
-
withholding
32 111
35 367
-
-
total
64 948
71 546
-
-
Income
217 000
217 000
217 000
217 000
Total tax
94 809
95 187
91 203
66 673
After tax
122 191
121 813
125 797
150 327
Living cost
18 132
18 132
18 132
18 132
Free-cash
104 059
103 681
107 665
132 195

Estimated living cost  is ₽18132 per week

₽12373
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1484
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽362
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3913
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽149669
₽101144
₽92378
₽143514
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
29 079
health
-
-
-
28 210
pensions
-
-
-
43 402
total
-
-
-
100 691
Employee
28 106
-
162 182
-
unemployment
449
-
2 595
-
pensions
562
-
3 243
-
income
3 164
-
31 269
-
total
4 175
-
37 107
-
Employer
28 106
-
162 182
-
health
3 653
-
21 084
-
pensions
5 622
-
32 437
-
unemployment
226
-
1 297
-
total
9 501
-
54 818
-
Corporate
179 393
217 000
-
-
income
35 879
43 400
-
-
total
35 879
43 400
-
-
Dividends
143 514
173 600
-
-
total
-
-
-
-
Income
217 000
217 000
217 000
217 000
Total tax
49 555
43 400
91 925
100 691
After tax
167 445
173 600
125 075
116 309
Living cost
23 931
23 931
23 931
23 931
Free-cash
143 514
149 669
101 144
92 378

Estimated living cost  is ₽23931 per week

₽16414
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1425
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5610
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4482
₽97229
₽126137
₽14195
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
253
income
-
-
-
61 820
other
-
-
-
372
health
-
-
-
2 187
pensions
-
-
-
4 172
total
-
-
-
68 804
Employee
34 699
-
197 804
-
pensions
3 907
-
7 650
-
income
4 760
-
48 217
-
health
3 973
-
22 649
-
total
12 640
-
78 516
-
Employer
34 699
-
197 804
-
pensions
5 642
-
11 047
-
accident
579
-
3 303
-
unemployment
850
-
4 846
-
total
7 071
-
19 196
-
Corporate
175 229
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.

157 706
195 300
-
-
total
157 706
195 300
-
-
Dividends
17 523
21 700
-
-
withholding
3 329
4 123
-
-
total
3 329
4 123
-
-
Income
217 000
217 000
217 000
217 000
Total tax
180 746
199 423
97 712
68 804
After tax
36 254
17 577
119 288
148 196
Living cost
22 059
22 059
22 059
22 059
Free-cash
14 195
-4 482
97 229
126 137

Estimated living cost  is ₽22059 per week

₽16167
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.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4209
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽198044
₽165494
₽206724
₽196524
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
10 133
-
217 000
-
income
2 026
-
43 400
-
total
2 026
-
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%.

206 867
217 000
-
-
total
-
-
-
-
Dividends
206 867
217 000
-
-
withholding
10 344
10 850
-
-
total
10 344
10 850
-
-
Income
217 000
217 000
217 000
217 000
Total tax
12 370
10 850
43 400
2 170
After tax
204 630
206 150
173 600
214 830
Living cost
8 106
8 106
8 106
8 106
Free-cash
196 524
198 044
165 494
206 724

Estimated living cost  is ₽8106 per week

₽5024
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽674
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽223
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2186
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽133030
₽101276
₽103085
₽126338
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
37 571
other
-
-
-
7 156
health
-
-
-
6 629
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.

-
-
-
36 159
total
-
-
-
87 515
Employee
35 974
-
178 808
-
unemployment
359
-
1 506
-
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.

2 518
-
10 546
-
income
6 193
-
36 970
-
health
504
-
2 110
-
total
9 574
-
51 132
-
Employer
35 974
-
178 808
-
health
504
-
2 110
-
pensions

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

6 116
-
25 613
-
accident
288
-
1 431
-
unemployment
359
-
1 506
-
other
1 799
-
7 532
-
total
9 066
-
38 192
-
Corporate
171 960
217 000
-
-
income
36 112
45 569
-
-
total
36 112
45 569
-
-
Dividends
135 848
171 431
-
-
withholding
9 510
12 001
-
-
total
9 510
12 001
-
-
Income
217 000
217 000
217 000
217 000
Total tax
64 262
57 570
89 324
87 515
After tax
152 738
159 430
127 676
129 485
Living cost
26 400
26 400
26 400
26 400
Free-cash
126 338
133 030
101 276
103 085

Estimated living cost  is ₽26400 per week

₽18653
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1782
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽425
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5539
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71395
₽55257
₽74661
₽79340
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
66 605
pensions
-
-
-
9 741
total
-
-
-
76 346
Employee
93 370
-
189 162
-
pensions
9 008
-
11 666
-
income
16 831
-
53 670
-
health
1 539
-
2 576
-
total
27 378
-
67 912
-
Employer
93 370
-
189 162
-
health
1 773
-
3 594
-
pensions
11 024
-
24 244
-
total
12 797
-
27 838
-
Corporate
110 832
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.

21 058
41 231
-
-
total
21 058
41 231
-
-
Dividends
89 775
175 769
-
-
withholding
10 434
38 381
-
-
total
10 434
38 381
-
-
Income
217 000
217 000
217 000
217 000
Total tax
71 667
79 612
95 750
76 346
After tax
145 333
137 388
121 250
140 654
Living cost
65 993
65 993
65 993
65 993
Free-cash
79 340
71 395
55 257
74 661

Estimated living cost  is ₽65993 per week

₽49450
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7754
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽537
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8254
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽172545
₽171186
₽162220
₽167943
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
138
health
-
-
-
3 980
pensions

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

-
-
-
5 122
total
-
-
-
41 790
Employee
17 201
-
210 210
-
accident

We are using the highest rate at 1.1%.

189
-
381
-
pensions

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

1 510
-
3 039
-
income
1 720
-
21 021
-
health
791
-
1 592
-
total
4 210
-
26 033
-
Employer
17 201
-
210 210
-
health
1 187
-
2 388
-
pensions

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

1 896
-
3 814
-
accident

We are using the highest rate at 1.1%.

189
-
381
-
unemployment
103
-
208
-
total
3 375
-
6 791
-
Corporate
196 424
217 000
-
-
income
19 643
21 700
-
-
total
19 643
21 700
-
-
Dividends
176 781
195 300
-
-
withholding
8 839
9 765
-
-
total
8 839
9 765
-
-
Income
217 000
217 000
217 000
217 000
Total tax
36 067
31 465
32 824
41 790
After tax
180 933
185 535
184 176
175 210
Living cost
12 990
12 990
12 990
12 990
Free-cash
167 943
172 545
171 186
162 220

Estimated living cost  is ₽12990 per week

₽7584
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽928
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽344
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4135
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53130
₽83855
₽61908
₽55621
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
76 328
health
-
-
-
12 217
pensions
-
-
-
11 608
total
-
-
-
100 153
Employee
91 856
84 607
198 588
-
pensions
11 608
11 608
11 608
-
income

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

13 849
13 849
35 969
-
health
11 460
11 046
12 217
-
total
36 917
36 503
59 794
-
Employer
91 856
84 607
198 588
-
health
6 383
5 881
7 308
-
pensions
6 393
5 889
7 319
-
unemployment
3 307
3 046
3 785
-
total
16 083
14 816
18 412
-
Corporate
109 061
117 577
-
-
income
21 812
23 515
-
-
total
21 812
23 515
-
-
Dividends
87 249
94 062
-
-
income
18 540
19 988
-
-
withholding
13 088
14 109
-
-
total
31 628
34 097
-
-
Income
217 000
217 000
217 000
217 000
Total tax
106 440
108 931
78 206
100 153
After tax
110 560
108 069
138 794
116 847
Living cost
54 939
54 939
54 939
54 939
Free-cash
55 621
53 130
83 855
61 908

Estimated living cost  is ₽54939 per week

₽40527
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4907
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽630
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8876
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽124803
₽93300
₽102683
₽116027
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
22 846
social contributions
-
-
-
35 400
solidarity contribution
-
-
-
2 175
health
-
-
-
29 295
total
-
-
-
89 716
Employee
36 178
-
171 277
-
solidarity contribution
-
-
1 333
-
social contributions
2 352
-
7 880
-
income
4 341
-
21 041
-
health
4 884
-
23 122
-
total
11 577
-
53 376
-
Employer
36 178
-
171 277
-
health
3 256
-
15 415
-
social contributions
9 045
-
30 308
-
total
12 301
-
45 723
-
Corporate
168 521
217 000
-
-
income
32 019
41 230
-
-
total
32 019
41 230
-
-
Dividends
136 502
175 770
-
-
withholding
20 475
26 366
-
-
total
20 475
26 366
-
-
Income
217 000
217 000
217 000
217 000
Total tax
76 372
67 596
99 099
89 716
After tax
140 628
149 404
117 901
127 284
Living cost
24 601
24 601
24 601
24 601
Free-cash
116 027
124 803
93 300
102 683

Estimated living cost  is ₽24601 per week

₽17088
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1750
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5279
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73971
₽54003
₽62405
₽68801
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
49 587
regional
-
-
-
2 716
municipal
-
-
-
1 339
national
-
-
-
59 146
total
-
-
-
112 788
Employee
88 053
-
217 000
-
municipal
466
-
1 216
-
national
15 257
-
52 515
-
regional
831
-
2 449
-
social contributions
29 691
-
65 010
-
total
46 245
-
121 190
-
Employer
88 053
-
217 000
-
total
-
-
-
-
Corporate
128 947
217 000
-
-
municipal
5 029
8 463
-
-
nationa
30 947
52 080
-
-
total
35 976
60 543
-
-
Dividends
92 970
156 457
-
-
withholding
24 171
40 679
-
-
total
24 171
40 679
-
-
Income
217 000
217 000
217 000
217 000
Total tax
106 392
101 222
121 190
112 788
After tax
110 608
115 778
95 810
104 212
Living cost
41 807
41 807
41 807
41 807
Free-cash
68 801
73 971
54 003
62 405

Estimated living cost  is ₽41807 per week

₽29142
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2741
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽641
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9280
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽114630
₽74204
₽80262
₽111544
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
67 511
other
-
-
-
-
surtax
-
-
-
11 304
unemployment
-
-
-
226
health
-
-
-
9 388
pensions
-
-
-
26 446
total
-
-
-
114 875
Employee
32 764
-
189 166
-
other
-
-
-
-
unemployment
2 281
-
9 203
-
pensions
2 185
-
8 820
-
surtax
107
-
10 119
-
income
5 492
-
61 585
-
health
837
-
3 371
-
total
10 902
-
93 098
-
Employer
32 764
-
189 166
-
health
1 491
-
6 017
-
pensions
4 368
-
17 627
-
unemployment
1 038
-
4 191
-
other
-
-
-
-
total
6 897
-
27 835
-
Corporate
177 340
217 000
-
-
income
46 109
56 420
-
-
total
46 109
56 420
-
-
Dividends
131 231
160 580
-
-
withholding
19 685
24 087
-
-
total
19 685
24 087
-
-
Income
217 000
217 000
217 000
217 000
Total tax
83 593
80 507
120 933
114 875
After tax
133 407
136 493
96 067
102 125
Living cost
21 863
21 863
21 863
21 863
Free-cash
111 544
114 630
74 204
80 262

Estimated living cost  is ₽21863 per week

₽13368
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2017
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽504
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5973
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92303
₽76165
₽95569
₽98822
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
66 605
pensions
-
-
-
9 741
total
-
-
-
76 346
Employee
62 574
-
189 162
-
pensions
5 311
-
11 666
-
income
11 270
-
53 670
-
health
908
-
2 576
-
total
17 489
-
67 912
-
Employer
62 574
-
189 162
-
health
1 189
-
3 594
-
pensions
6 774
-
24 244
-
total
7 963
-
27 838
-
Corporate
146 464
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.

27 827
41 231
-
-
total
27 827
41 231
-
-
Dividends
118 636
175 769
-
-
withholding
19 814
38 381
-
-
total
19 814
38 381
-
-
Income
217 000
217 000
217 000
217 000
Total tax
73 093
79 612
95 750
76 346
After tax
143 907
137 388
121 250
140 654
Living cost
45 085
45 085
45 085
45 085
Free-cash
98 822
92 303
76 165
95 569

Estimated living cost  is ₽45085 per week

₽33777
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3379
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7456
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽20875
₽86078
₽94520
₽54401
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 857
health
-
-
-
489
city
-
-
-
2 288
national
-
-
-
5 187
pensions
-
-
-
19 965
total
-
-
-
44 127
Employee
91 693
-
195 003
-
unemployment
-
-
-
-
pensions
7 703
-
15 514
-
national
434
-
4 177
-
regional
3 002
-
10 481
-
city
984
-
2 105
-
health
207
-
439
-
total
12 330
-
32 716
-
Employer
91 693
-
195 003
-
health
207
-
439
-
pensions
7 703
-
15 514
-
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.

1 833
-
3 900
-
total
9 743
-
19 853
-
Corporate
114 555
217 000
-
-
regional
24 229
45 895
-
-
national
9 738
18 446
-
-
total
33 967
64 341
-
-
Dividends
80 588
152 660
-
-
withholding
28 206
53 431
-
-
total
28 206
53 431
-
-
Income
217 000
217 000
217 000
217 000
Total tax
84 246
117 772
52 569
44 127
After tax
132 754
99 228
164 431
172 873
Living cost
78 353
78 353
78 353
78 353
Free-cash
54 401
20 875
86 078
94 520

Estimated living cost  is ₽78353 per week

₽50952
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7031
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽962
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19407
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽61759
₽89108
₽59793
₽77823
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
71 788
surtax

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

-
-
-
3 948
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.

-
-
-
6 769
trade
-
-
-
29 315
total
-
-
-
111 820
Employee

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

59 543
-
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.

385
-
3 948
-
income

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

7 002
-
71 788
-
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.

6 769
-
6 769
-
total
14 156
-
82 505
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
157 457
217 000
-
-
income
23 619
32 549
-
-
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.

1 299
1 790
-
-
chamber of commerce
372
455
-
-
trade
27 005
37 216
-
-
total
52 295
72 010
-
-
Dividends
105 162
144 990
-
-
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.

1 425
1 972
-
-
withholding
25 914
35 872
-
-
total
27 339
37 844
-
-
Income
217 000
217 000
217 000
217 000
Total tax
93 790
109 854
82 505
111 820
After tax
123 210
107 146
134 495
105 180
Living cost
45 387
45 387
45 387
45 387
Free-cash
77 823
61 759
89 108
59 793

Estimated living cost  is ₽45387 per week

₽33149
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3631
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8019
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75474
₽79376
₽85357
₽81323
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
39 688
other
-
-
-
6 727
surtax
-
-
-
-
social contributions
-
-
-
6 184
health
-
-
-
10 503
pensions
-
-
-
34 644
total
-
-
-
97 746
Employee
42 403
-
165 775
-
pensions
4 794
-
12 428
-
surtax
-
-
-
-
social contributions
1 209
-
4 723
-
income
2 502
-
35 354
-
total
8 505
-
52 505
-
Employer
42 403
-
165 775
-
health
2 969
-
16 402
-
pensions
6 966
-
20 758
-
unemployment
1 717
-
6 714
-
social contributions
128
-
498
-
other
1 463
-
6 850
-
total
13 243
-
51 222
-
Corporate
161 355
217 000
-
-
income
45 180
60 759
-
-
surtax
-
-
-
-
total
45 180
60 759
-
-
Dividends
116 175
156 241
-
-
surtax
-
-
-
-
social contributions
19 982
26 871
-
-
withholding
14 870
19 999
-
-
total
34 852
46 870
-
-
Income
217 000
217 000
217 000
217 000
Total tax
101 780
107 629
103 727
97 746
After tax
115 220
109 371
113 273
119 254
Living cost
33 897
33 897
33 897
33 897
Free-cash
81 323
75 474
79 376
85 357

Estimated living cost  is ₽33897 per week

₽21374
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2756
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽577
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9192
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78832
₽82734
₽88715
₽84334
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
39 688
other
-
-
-
6 727
surtax
-
-
-
-
social contributions
-
-
-
6 184
health
-
-
-
10 503
pensions
-
-
-
34 644
total
-
-
-
97 746
Employee
37 851
-
165 775
-
pensions
4 281
-
12 428
-
surtax
-
-
-
-
social contributions
1 079
-
4 723
-
income
1 952
-
35 354
-
total
7 312
-
52 505
-
Employer
37 851
-
165 775
-
health
2 649
-
16 402
-
pensions
6 220
-
20 758
-
unemployment
1 532
-
6 714
-
social contributions
113
-
498
-
other
1 307
-
6 850
-
total
11 821
-
51 222
-
Corporate
167 329
217 000
-
-
income
46 852
60 759
-
-
surtax
-
-
-
-
total
46 852
60 759
-
-
Dividends
120 477
156 241
-
-
surtax
-
-
-
-
social contributions
20 721
26 871
-
-
withholding
15 421
19 999
-
-
total
36 142
46 870
-
-
Income
217 000
217 000
217 000
217 000
Total tax
102 127
107 629
103 727
97 746
After tax
114 873
109 371
113 273
119 254
Living cost
30 539
30 539
30 539
30 539
Free-cash
84 334
78 832
82 734
88 715

Estimated living cost  is ₽30539 per week

₽17711
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3102
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽579
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9147
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽111380
₽112626
₽118350
₽111895
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
32 549
social contributions
-
-
-
29 945
health
-
-
-
15 147
total
-
-
-
77 641
Employee
33 593
-
217 000
-
social contributions
4 636
-
29 945
-
income
5 603
-
38 273
-
health
2 345
-
15 147
-
total
12 584
-
83 365
-
Employer
33 593
-
217 000
-
total
-
-
-
-
Corporate
183 407
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%.

9 170
10 850
-
-
total
9 170
10 850
-
-
Dividends
174 238
206 150
-
-
social contributions
24 045
28 449
-
-
withholding
26 136
30 923
-
-
health
12 161
14 389
-
-
total
62 342
73 761
-
-
Income
217 000
217 000
217 000
217 000
Total tax
84 096
84 611
83 365
77 641
After tax
132 904
132 389
133 635
139 359
Living cost
21 009
21 009
21 009
21 009
Free-cash
111 895
111 380
112 626
118 350

Estimated living cost  is ₽21009 per week

₽14060
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1295
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5169
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84748
₽22039
₽76349
₽83218
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
68 331
surtax
-
-
-
196
unemployment
-
-
-
6 077
chamber of commerce
-
-
-
869
health
-
-
-
8 854
pensions
-
-
-
21 413
total
-
-
-
105 740
Employee
49 514
39 483
178 884
-
other
494
395
1 158
-
unemployment
1 485
1 185
3 473
-
pensions
5 071
4 042
11 853
-
income
5 637
2 912
57 189
-
health
1 916
1 529
4 479
-
total
14 603
10 063
78 152
-
Employer
49 514
39 483
178 884
-
chamber of commerce
197
158
716
-
health
1 871
1 493
4 375
-
pensions
6 214
4 956
14 526
-
accident
643
513
1 504
-
unemployment
1 485
1 185
3 473
-
surtax
196
196
196
-
payroll
1 485
1 185
5 366
-
other
2 352
1 875
7 961
-
total
14 443
11 561
38 117
-
Corporate
153 043
165 957
175 123
-
income

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

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

38 261
41 489
43 781
-
total
38 261
41 489
43 781
-
Dividends
114 781
124 468
-
-
withholding
31 564
34 228
-
-
total
31 564
34 228
-
-
Income
217 000
217 000
217 000
217 000
Total tax
98 871
97 341
160 050
105 740
After tax
118 129
119 659
56 950
111 260
Living cost
34 911
34 911
34 911
34 911
Free-cash
83 218
84 748
22 039
76 349

Estimated living cost  is ₽34911 per week

₽23284
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2978
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8075
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83286
₽37900
₽58227
₽70289
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
11 539
social contributions
-
-
-
24 701
national
-
-
-
86 408
total
-
-
-
122 648
Employee

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

70 870
-
168 073
-
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.

617
-
1 463
-
communal

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

3 696
-
8 767
-
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.

5 315
-
12 605
-
national
21 788
-
63 313
-
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.

3 330
-
7 899
-
total
34 746
-
94 047
-
Employer

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

70 870
-
168 073
-
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.

4 358
-
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.

6 280
-
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.

921
-
2 185
-
unemployment

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

1 034
-
2 454
-
surtax
8 036
-
19 061
-
total
20 629
-
48 928
-
Corporate
125 501
217 000
-
-
income
25 100
46 009
-
-
surtax
502
919
-
-
total
25 602
46 928
-
-
Dividends
99 899
170 071
-
-
withholding

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

29 609
50 661
-
-
total
29 609
50 661
-
-
Income
217 000
217 000
217 000
217 000
Total tax
110 586
97 589
142 975
122 648
After tax
106 414
119 411
74 025
94 352
Living cost
36 125
36 125
36 125
36 125
Free-cash
70 289
83 286
37 900
58 227

Estimated living cost  is ₽36125 per week

₽23269
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3159
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽566
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9132
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽108352
₽81367
₽85524
₽101563
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
827
income
-
-
-
68 145
other
-
-
-
92
unemployment
-
-
-
643
pensions
-
-
-
25 988
total
-
-
-
95 695
Employee
49 318
-
187 724
-
other
49
-
92
-
unemployment
765
-
1 423
-
pensions
2 318
-
4 317
-
income
10 406
-
64 744
-
total
13 538
-
70 576
-
Employer
49 318
-
187 724
-
pensions
11 638
-
21 673
-
accident
976
-
1 818
-
unemployment
2 713
-
5 050
-
other
393
-
735
-
total
15 720
-
29 276
-
Corporate
151 962
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.

22 795
32 549
-
-
total
22 795
32 549
-
-
Dividends
129 167
184 451
-
-
withholding
27 603
40 318
-
-
total
27 603
40 318
-
-
Income
217 000
217 000
217 000
217 000
Total tax
79 656
72 867
99 852
95 695
After tax
137 344
144 133
117 148
121 305
Living cost
35 781
35 781
35 781
35 781
Free-cash
101 563
108 352
81 367
85 524

Estimated living cost  is ₽35781 per week

₽26349
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2538
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6378
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69538
₽57337
₽48688
₽55939
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
13 714
accident
-
-
-
1 829
income
-
-
-
40 396
surtax
-
-
-
10 758
health
-
-
-
15 248
pensions
-
-
-
32 525
total
-
-
-
114 470
Employee
75 030
-
193 835
-
pensions
6 001
-
15 508
-
surtax
4 599
-
11 879
-
income
7 247
-
46 642
-
health
3 339
-
8 626
-
total
21 186
-
82 655
-
Employer
75 030
-
193 835
-
health
2 288
-
5 913
-
pensions
6 001
-
15 508
-
accident
675
-
1 745
-
total
8 964
-
23 166
-
Corporate
133 006
217 000
-
-
communal
8 978
14 648
-
-
income
19 950
32 549
-
-
surtax
1 397
2 279
-
-
total
30 325
49 476
-
-
Dividends
102 681
167 524
-
-
income
31 342
19 016
-
-
withholding
15 402
25 128
-
-
total
46 744
44 144
-
-
Income
217 000
217 000
217 000
217 000
Total tax
107 219
93 620
105 821
114 470
After tax
109 781
123 380
111 179
102 530
Living cost
53 842
53 842
53 842
53 842
Free-cash
55 939
69 538
57 337
48 688

Estimated living cost  is ₽53842 per week

₽40390
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3262
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽570
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9619
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽114239
₽73813
₽79871
₽111088
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
67 511
other
-
-
-
-
surtax
-
-
-
11 304
unemployment
-
-
-
226
health
-
-
-
9 388
pensions
-
-
-
26 446
total
-
-
-
114 875
Employee
33 365
-
189 166
-
other
-
-
-
-
unemployment
2 322
-
9 203
-
pensions
2 226
-
8 820
-
surtax
118
-
10 119
-
income
5 593
-
61 585
-
health
852
-
3 371
-
total
11 111
-
93 098
-
Employer
33 365
-
189 166
-
health
1 517
-
6 017
-
pensions
4 448
-
17 627
-
unemployment
1 059
-
4 191
-
other
-
-
-
-
total
7 024
-
27 835
-
Corporate
176 610
217 000
-
-
income
45 919
56 420
-
-
total
45 919
56 420
-
-
Dividends
130 691
160 580
-
-
withholding
19 604
24 087
-
-
total
19 604
24 087
-
-
Income
217 000
217 000
217 000
217 000
Total tax
83 658
80 507
120 933
114 875
After tax
133 342
136 493
96 067
102 125
Living cost
22 254
22 254
22 254
22 254
Free-cash
111 088
114 239
73 813
79 871

Estimated living cost  is ₽22254 per week

₽13436
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1935
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6368
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87370
₽68484
₽76841
₽85171
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
49 587
regional
-
-
-
3 398
municipal
-
-
-
1 339
national
-
-
-
59 146
total
-
-
-
113 470
Employee
54 959
-
217 000
-
municipal
291
-
1 216
-
national
8 707
-
52 515
-
regional
740
-
3 086
-
social contributions
18 533
-
65 010
-
total
28 271
-
121 827
-
Employer
54 959
-
217 000
-
total
-
-
-
-
Corporate
162 041
217 000
-
-
municipal
8 053
10 785
-
-
nationa
38 889
52 080
-
-
total
46 942
62 865
-
-
Dividends
115 099
154 135
-
-
withholding
29 927
40 076
-
-
total
29 927
40 076
-
-
Income
217 000
217 000
217 000
217 000
Total tax
105 140
102 941
121 827
113 470
After tax
111 860
114 059
95 173
103 530
Living cost
26 689
26 689
26 689
26 689
Free-cash
85 171
87 370
68 484
76 841

Estimated living cost  is ₽26689 per week

₽16598
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2704
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.
₽6930
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽119089
₽87586
₽96969
₽108275
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
22 846
social contributions
-
-
-
35 400
solidarity contribution
-
-
-
2 175
health
-
-
-
29 295
total
-
-
-
89 716
Employee
44 581
-
171 277
-
solidarity contribution
-
-
1 333
-
social contributions
2 898
-
7 880
-
income
5 350
-
21 041
-
health
6 018
-
23 122
-
total
14 266
-
53 376
-
Employer
44 581
-
171 277
-
health
4 012
-
15 415
-
social contributions
11 145
-
30 308
-
total
15 157
-
45 723
-
Corporate
157 261
217 000
-
-
income
29 880
41 230
-
-
total
29 880
41 230
-
-
Dividends
127 382
175 770
-
-
withholding
19 107
26 366
-
-
total
19 107
26 366
-
-
Income
217 000
217 000
217 000
217 000
Total tax
78 410
67 596
99 099
89 716
After tax
138 590
149 404
117 901
127 284
Living cost
30 315
30 315
30 315
30 315
Free-cash
108 275
119 089
87 586
96 969

Estimated living cost  is ₽30315 per week

₽22544
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1679
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5567
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88155
₽25392
₽79847
₽87668
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
68 331
surtax
-
-
-
-
unemployment
-
-
-
6 077
chamber of commerce
-
-
-
869
health
-
-
-
8 854
pensions
-
-
-
21 413
total
-
-
-
105 544
Employee
43 309
39 483
179 068
-
other
432
395
1 158
-
unemployment
1 299
1 185
3 473
-
pensions
4 435
4 042
11 853
-
income
3 858
2 912
57 277
-
health
1 675
1 529
4 479
-
total
11 699
10 063
78 240
-
Employer
43 309
39 483
179 068
-
chamber of commerce
173
158
716
-
health
1 638
1 493
4 375
-
pensions
5 436
4 956
14 526
-
accident
562
513
1 504
-
unemployment
1 299
1 185
3 473
-
surtax
-
-
-
-
payroll
1 299
1 185
5 372
-
other
2 057
1 875
7 966
-
total
12 464
11 365
37 932
-
Corporate
161 227
166 153
175 307
-
income

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

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

40 307
41 538
43 827
-
total
40 307
41 538
43 827
-
Dividends
120 920
124 615
-
-
withholding
33 253
34 270
-
-
total
33 253
34 270
-
-
Income
217 000
217 000
217 000
217 000
Total tax
97 723
97 236
159 999
105 544
After tax
119 277
119 764
57 001
111 456
Living cost
31 609
31 609
31 609
31 609
Free-cash
87 668
88 155
25 392
79 847

Estimated living cost  is ₽31609 per week

₽18961
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3228
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽564
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8856
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽193518
₽160968
₽202198
₽191149
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 791
-
217 000
-
income
3 158
-
43 400
-
total
3 158
-
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%.

201 209
217 000
-
-
total
-
-
-
-
Dividends
201 209
217 000
-
-
withholding
10 061
10 850
-
-
total
10 061
10 850
-
-
Income
217 000
217 000
217 000
217 000
Total tax
13 219
10 850
43 400
2 170
After tax
203 781
206 150
173 600
214 830
Living cost
12 632
12 632
12 632
12 632
Free-cash
191 149
193 518
160 968
202 198

Estimated living cost  is ₽12632 per week

₽8548
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽530
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽424
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3130
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽122831
₽70081
₽74794
₽114544
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
54 324
unemployment
-
-
-
325
health
-
-
-
21 353
pensions
-
-
-
39 630
total
-
-
-
115 632
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.

43 812
-
187 765
-
unemployment
62
-
263
-
pensions
6 791
-
29 103
-
income
7 555
-
49 613
-
health
2 830
-
12 131
-
total
17 238
-
91 110
-
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.

43 812
-
187 765
-
health
2 918
-
12 505
-
pensions
3 877
-
16 617
-
unemployment
26
-
113
-
total
6 821
-
29 235
-
Corporate
166 367
217 000
-
-
income
31 609
41 230
-
-
total
31 609
41 230
-
-
Dividends
134 758
175 770
-
-
withholding
20 214
26 365
-
-
total
20 214
26 365
-
-
Income
217 000
217 000
217 000
217 000
Total tax
75 882
67 595
120 345
115 632
After tax
141 118
149 405
96 655
101 368
Living cost
26 574
26 574
26 574
26 574
Free-cash
114 544
122 831
70 081
74 794

Estimated living cost  is ₽26574 per week

₽18238
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1703
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6120
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88631
₽160378
₽106572
₽40796
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
62 218
-
-
-
social contributions
5 102
-
727
-
income
13 724
-
-
-
total
18 826
-
727
-
Employer
62 218
-
-
-
social contributions
87 727
-
12 503
-
total
87 727
-
12 503
-
Corporate
67 054
217 000
-
-
income
14 752
47 740
-
-
total
14 752
47 740
-
-
Dividends
52 303
169 260
-
-
income
11 507
37 237
-
-
total
11 507
37 237
-
-
Income
217 000
217 000
217 000
217 000
Total tax
132 812
84 977
13 230
67 036
After tax
84 188
132 023
203 770
149 964
Living cost
43 392
43 392
43 392
43 392
Free-cash
40 796
88 631
160 378
106 572

Estimated living cost  is ₽43392 per week

₽28154
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4081
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10603
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92354
₽65683
₽82411
₽91354
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 104
surtax
-
-
-
-
social contributions

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

-
-
-
75 408
total
-
-
-
103 512
Employee
45 567
-
175 353
-
surtax
-
-
141
-
social contributions
5 013
-
19 289
-
income
9 478
-
59 164
-
total
14 491
-
78 594
-
Employer
45 567
-
175 353
-
social contributions
10 822
-
41 646
-
total
10 822
-
41 646
-
Corporate
160 610
217 000
-
-
income
33 728
45 569
-
-
surtax
-
-
-
-
total
33 728
45 569
-
-
Dividends
126 882
171 431
-
-
withholding
35 528
48 000
-
-
total
35 528
48 000
-
-
Income
217 000
217 000
217 000
217 000
Total tax
94 569
93 569
120 240
103 512
After tax
122 431
123 431
96 760
113 488
Living cost
31 077
31 077
31 077
31 077
Free-cash
91 354
92 354
65 683
82 411

Estimated living cost  is ₽31077 per week

₽23252
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1833
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽519
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5473
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61518
₽65420
₽71401
₽68323
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
39 688
other
-
-
-
6 727
surtax
-
-
-
-
social contributions
-
-
-
6 184
health
-
-
-
10 503
pensions
-
-
-
34 644
total
-
-
-
97 746
Employee
62 053
-
165 775
-
pensions
7 019
-
12 428
-
surtax
-
-
-
-
social contributions
1 767
-
4 723
-
income
5 414
-
35 354
-
total
14 200
-
52 505
-
Employer
62 053
-
165 775
-
health
4 343
-
16 402
-
pensions
10 196
-
20 758
-
unemployment
2 514
-
6 714
-
social contributions
186
-
498
-
other
2 142
-
6 850
-
total
19 381
-
51 222
-
Corporate
135 566
217 000
-
-
income
37 959
60 759
-
-
surtax
-
-
-
-
total
37 959
60 759
-
-
Dividends
97 607
156 241
-
-
surtax
-
-
-
-
social contributions
16 790
26 871
-
-
withholding
12 494
19 999
-
-
total
29 284
46 870
-
-
Income
217 000
217 000
217 000
217 000
Total tax
100 824
107 629
103 727
97 746
After tax
116 176
109 371
113 273
119 254
Living cost
47 853
47 853
47 853
47 853
Free-cash
68 323
61 518
65 420
71 401

Estimated living cost  is ₽47853 per week

₽32386
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3914
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽656
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10896
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽165517
₽134334
₽128568
₽162190
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 909
social contributions
-
-
-
47 741
total
-
-
-
58 650
Employee
31 852
-
187 878
-
income
-
-
11 550
-
social contributions
2 070
-
12 212
-
total
2 070
-
23 762
-
Employer
31 852
-
187 878
-
social contributions
4 937
-
29 122
-
total
4 937
-
29 122
-
Corporate
180 211
217 000
-
-
income
18 021
21 701
-
-
total
18 021
21 701
-
-
Dividends
162 189
195 299
-
-
total
-
-
-
-
Income
217 000
217 000
217 000
217 000
Total tax
25 028
21 701
52 884
58 650
After tax
191 972
195 299
164 116
158 350
Living cost
29 782
29 782
29 782
29 782
Free-cash
162 190
165 517
134 334
128 568

Estimated living cost  is ₽29782 per week

₽19257
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2245
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽560
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7720
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1222
₽1222
₽77828
₽696
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
17 291
municipal
-
-
-
46 466
national
-
-
-
26 861
pensions
-
-
-
858
total
-
-
-
91 476
Employee
201 314
201 314
201 314
-
municipal
42 869
42 869
42 869
-
labour market
16 082
16 082
16 082
-
pensions
286
286
286
-
national
24 594
24 594
24 594
-
total
83 831
83 831
83 831
-
Employer
201 314
201 314
201 314
-
national
24 637
24 637
24 637
-
labour market
16 105
16 105
16 105
-
pensions
572
572
572
-
municipal
42 937
42 937
42 937
-
total
84 251
84 251
84 251
-
Corporate
1 222
-
-
-
income
269
-
-
-
total
269
-
-
-
Dividends
953
-
-
-
withholding
257
-
-
-
total
257
-
-
-
Income
217 000
217 000
217 000
217 000
Total tax
168 608
168 082
168 082
91 476
After tax
48 392
48 918
48 918
125 524
Living cost
47 696
47 696
47 696
47 696
Free-cash
696
1 222
1 222
77 828

Estimated living cost  is ₽47696 per week

₽32644
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4219
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽734
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10099
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4156
₽97555
₽126463
₽14243
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
253
income
-
-
-
61 820
other
-
-
-
372
health
-
-
-
2 187
pensions
-
-
-
4 172
total
-
-
-
68 804
Employee
34 188
-
197 804
-
pensions
3 850
-
7 650
-
income
4 690
-
48 217
-
health
3 915
-
22 649
-
total
12 455
-
78 516
-
Employer
34 188
-
197 804
-
pensions
5 559
-
11 047
-
accident
571
-
3 303
-
unemployment
838
-
4 846
-
total
6 968
-
19 196
-
Corporate
175 844
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.

158 260
195 300
-
-
total
158 260
195 300
-
-
Dividends
17 584
21 700
-
-
withholding
3 341
4 123
-
-
total
3 341
4 123
-
-
Income
217 000
217 000
217 000
217 000
Total tax
181 024
199 423
97 712
68 804
After tax
35 976
17 577
119 288
148 196
Living cost
21 733
21 733
21 733
21 733
Free-cash
14 243
-4 156
97 555
126 463

Estimated living cost  is ₽21733 per week

₽15819
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1239
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4267
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95299
₽70896
₽95752
₽98359
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 927
municipal
-
-
-
38 534
national
-
-
-
41 749
total
-
-
-
83 210
Employee
52 126
-
182 552
-
municipal
8 538
-
29 718
-
unemployment
782
-
2 738
-
pensions
3 518
-
12 323
-
national
861
-
26 443
-
health
389
-
2 397
-
total
14 088
-
73 619
-
Employer
52 126
-
182 552
-
health
400
-
1 406
-
pensions
9 044
-
31 673
-
accident
53
-
182
-
unemployment
338
-
1 186
-
total
9 835
-
34 447
-
Corporate
155 039
217 000
-
-
income
31 008
43 400
-
-
total
31 008
43 400
-
-
Dividends

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

93 023
130 200
-
-
municipal
16 745
23 436
-
-
national
8 927
16 827
-
-
total
25 672
40 263
-
-
Income
217 000
217 000
217 000
217 000
Total tax
80 603
83 663
108 066
83 210
After tax
136 397
133 337
108 934
133 790
Living cost
38 038
38 038
38 038
38 038
Free-cash
98 359
95 299
70 896
95 752

Estimated living cost  is ₽38038 per week

₽24846
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3659
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.
₽8929
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽135226
₽121459
₽123255
₽129834
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
49 243
social contributions
-
-
-
16 030
health
-
-
-
5 533
total
-
-
-
70 806
Employee
76 185
76 185
204 685
-
social contributions
2 880
6 323
8 528
-
income
8 295
7 052
48 279
-
health
590
1 295
3 480
-
total
11 765
14 670
60 287
-
Employer
76 185
76 185
204 685
-
health
641
1 410
3 787
-
social contributions
2 880
6 323
8 528
-
total
3 521
7 733
12 315
-
Corporate
178 774
133 082
-
-
income
22 348
16 636
-
-
total
22 348
16 636
-
-
Dividends
156 426
116 446
-
-
withholding
26 593
19 796
-
-
total
26 593
19 796
-
-
Income
217 000
217 000
217 000
217 000
Total tax
64 227
58 835
72 602
70 806
After tax
152 773
158 165
144 398
146 194
Living cost
22 939
22 939
22 939
22 939
Free-cash
129 834
135 226
121 459
123 255

Estimated living cost  is ₽22939 per week

₽13748
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2251
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6434
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽163968
₽149053
₽168926
₽158926
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
22 429
unemployment
-
-
-
28
health
-
-
-
3 585
pensions
-
-
-
6 302
total
-
-
-
32 344
Employee

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

22 741
-
207 317
-
unemployment
113
-
470
-
pensions
3 411
-
14 101
-
income
1 555
-
19 973
-
health
1 933
-
7 991
-
total
7 012
-
42 535
-
Employer

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

22 741
-
207 317
-
health
978
-
4 042
-
pensions
1 250
-
5 170
-
unemployment
113
-
470
-
total
2 341
-
9 682
-
Corporate
191 918
217 000
-
-
income
17 273
19 529
-
-
total
17 273
19 529
-
-
Dividends
174 645
197 471
-
-
withholding
15 718
17 773
-
-
total
15 718
17 773
-
-
Income
217 000
217 000
217 000
217 000
Total tax
42 344
37 302
52 217
32 344
After tax
174 656
179 698
164 783
184 656
Living cost
15 730
15 730
15 730
15 730
Free-cash
158 926
163 968
149 053
168 926

Estimated living cost  is ₽15730 per week

₽10036
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1134
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽4091
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽116888
₽89903
₽94060
₽112511
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
827
income
-
-
-
68 145
other
-
-
-
92
unemployment
-
-
-
643
pensions
-
-
-
25 988
total
-
-
-
95 695
Employee
36 634
-
187 724
-
other
36
-
92
-
unemployment
568
-
1 423
-
pensions
1 722
-
4 317
-
income
7 063
-
64 744
-
total
9 389
-
70 576
-
Employer
36 634
-
187 724
-
pensions
8 645
-
21 673
-
accident
726
-
1 818
-
unemployment
2 016
-
5 050
-
other
293
-
735
-
total
11 680
-
29 276
-
Corporate
168 686
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.

25 303
32 549
-
-
total
25 303
32 549
-
-
Dividends
143 383
184 451
-
-
withholding
30 872
40 318
-
-
total
30 872
40 318
-
-
Income
217 000
217 000
217 000
217 000
Total tax
77 244
72 867
99 852
95 695
After tax
139 756
144 133
117 148
121 305
Living cost
27 245
27 245
27 245
27 245
Free-cash
112 511
116 888
89 903
94 060

Estimated living cost  is ₽27245 per week

₽18390
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2619
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5759
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽133465
₽137828
₽137966
₽133146
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
74 647
health
-
-
-
1 027
pensions
-
-
-
1 417
total
-
-
-
77 091
Employee
2 959
-
215 406
-
unemployment
30
-
71
-
pensions
266
-
638
-
income
572
-
74 572
-
health
148
-
354
-
total
1 016
-
75 635
-
Employer
2 959
-
215 406
-
health
281
-
673
-
pensions
325
-
779
-
unemployment
59
-
142
-
total
665
-
1 594
-
Corporate
213 376
217 000
-
-
income
46 943
47 740
-
-
total
46 943
47 740
-
-
Dividends
166 433
169 260
-
-
withholding
33 287
33 852
-
-
total
33 287
33 852
-
-
Income
217 000
217 000
217 000
217 000
Total tax
81 911
81 592
77 229
77 091
After tax
135 089
135 408
139 771
139 909
Living cost
1 943
1 943
1 943
1 943
Free-cash
133 146
133 465
137 828
137 966

Estimated living cost  is ₽1943 per week

₽1154
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽157
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽44
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽586
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽139643
₽122065
₽122063
₽134767
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
50 110
unemployment
-
-
-
1 099
health
-
-
-
7 544
pensions
-
-
-
19 044
total
-
-
-
77 797
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.

25 846
-
203 889
-
unemployment
194
-
549
-
pensions
3 618
-
10 254
-
income
3 563
-
50 110
-
health
1 331
-
3 772
-
total
8 706
-
64 685
-
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.

25 846
-
203 889
-
health
1 331
-
3 772
-
pensions
3 101
-
8 789
-
unemployment
194
-
549
-
total
4 626
-
13 110
-
Corporate
186 528
217 000
-
-
income
27 979
32 550
-
-
total
27 979
32 550
-
-
Dividends
158 549
184 450
-
-
withholding
23 782
27 667
-
-
total
23 782
27 667
-
-
Income
217 000
217 000
217 000
217 000
Total tax
65 093
60 217
77 795
77 797
After tax
151 907
156 783
139 205
139 203
Living cost
17 140
17 140
17 140
17 140
Free-cash
134 767
139 643
122 065
122 063

Estimated living cost  is ₽17140 per week

₽11540
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1326
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3778
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96721
₽70050
₽86778
₽96363
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 104
surtax
-
-
-
-
social contributions

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

-
-
-
75 408
total
-
-
-
103 512
Employee
38 454
-
175 353
-
surtax
-
-
141
-
social contributions
4 230
-
19 289
-
income
7 514
-
59 164
-
total
11 744
-
78 594
-
Employer
38 454
-
175 353
-
social contributions
9 132
-
41 646
-
total
9 132
-
41 646
-
Corporate
169 414
217 000
-
-
income
35 576
45 569
-
-
surtax
-
-
-
-
total
35 576
45 569
-
-
Dividends
133 838
171 431
-
-
withholding
37 475
48 000
-
-
total
37 475
48 000
-
-
Income
217 000
217 000
217 000
217 000
Total tax
93 927
93 569
120 240
103 512
After tax
123 073
123 431
96 760
113 488
Living cost
26 710
26 710
26 710
26 710
Free-cash
96 363
96 721
70 050
86 778

Estimated living cost  is ₽26710 per week

₽18918
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1856
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5464
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽109313
₽82328
₽86485
₽102827
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
827
income
-
-
-
68 145
other
-
-
-
92
unemployment
-
-
-
643
pensions
-
-
-
25 988
total
-
-
-
95 695
Employee
47 849
-
187 724
-
other
47
-
92
-
unemployment
741
-
1 423
-
pensions
2 249
-
4 317
-
income
9 994
-
64 744
-
total
13 031
-
70 576
-
Employer
47 849
-
187 724
-
pensions
11 292
-
21 673
-
accident
948
-
1 818
-
unemployment
2 632
-
5 050
-
other
384
-
735
-
total
15 256
-
29 276
-
Corporate
153 895
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.

23 085
32 549
-
-
total
23 085
32 549
-
-
Dividends
130 810
184 451
-
-
withholding
27 981
40 318
-
-
total
27 981
40 318
-
-
Income
217 000
217 000
217 000
217 000
Total tax
79 353
72 867
99 852
95 695
After tax
137 647
144 133
117 148
121 305
Living cost
34 820
34 820
34 820
34 820
Free-cash
102 827
109 313
82 328
86 485

Estimated living cost  is ₽34820 per week

₽25006
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2707
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6616
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽168491
₽167132
₽158166
₽162453
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
138
health
-
-
-
3 980
pensions

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

-
-
-
5 122
total
-
-
-
41 790
Employee
22 568
-
210 210
-
accident

We are using the highest rate at 1.1%.

248
-
381
-
pensions

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

1 981
-
3 039
-
income
2 257
-
21 021
-
health
1 038
-
1 592
-
total
5 524
-
26 033
-
Employer
22 568
-
210 210
-
health
1 557
-
2 388
-
pensions

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

2 487
-
3 814
-
accident

We are using the highest rate at 1.1%.

248
-
381
-
unemployment
136
-
208
-
total
4 428
-
6 791
-
Corporate
190 004
217 000
-
-
income
19 001
21 700
-
-
total
19 001
21 700
-
-
Dividends
171 003
195 300
-
-
withholding
8 550
9 765
-
-
total
8 550
9 765
-
-
Income
217 000
217 000
217 000
217 000
Total tax
37 503
31 465
32 824
41 790
After tax
179 497
185 535
184 176
175 210
Living cost
17 044
17 044
17 044
17 044
Free-cash
162 453
168 491
167 132
158 166

Estimated living cost  is ₽17044 per week

₽11273
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽976
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽407
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4389
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73359
₽96244
₽71715
₽86319
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
71 788
surtax

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

-
-
-
3 948
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.

-
-
-
6 769
trade
-
-
-
24 529
total
-
-
-
107 034
Employee

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

49 297
-
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
-
3 948
-
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.

4 054
-
71 788
-
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.

6 769
-
6 769
-
total
11 047
-
82 505
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
167 703
217 000
-
-
income
25 155
32 549
-
-
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.

1 384
1 790
-
-
chamber of commerce
397
468
-
-
trade
24 066
31 139
-
-
total
51 002
65 946
-
-
Dividends
116 702
151 053
-
-
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.

1 583
2 057
-
-
withholding
28 798
37 387
-
-
total
30 381
39 444
-
-
Income
217 000
217 000
217 000
217 000
Total tax
92 430
105 390
82 505
107 034
After tax
124 570
111 610
134 495
109 966
Living cost
38 251
38 251
38 251
38 251
Free-cash
86 319
73 359
96 244
71 715

Estimated living cost  is ₽38251 per week

₽26386
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4116
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7193
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95462
₽52951
₽52951
₽97650
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
70 423
social contributions
-
-
-
37 188
total
-
-
-
107 611
Employee
77 500
-
217 000
-
income
14 624
-
70 423
-
social contributions
6 439
-
37 188
-
total
21 063
-
107 611
-
Employer
77 500
-
217 000
-
total
-
-
-
-
Corporate
139 500
217 000
-
-
income
17 437
27 125
-
-
total
17 437
27 125
-
-
Dividends
122 064
189 875
-
-
withholding
24 412
37 975
-
-
total
24 412
37 975
-
-
Income
217 000
217 000
217 000
217 000
Total tax
62 912
65 100
107 611
107 611
After tax
154 088
151 900
109 389
109 389
Living cost
56 438
56 438
56 438
56 438
Free-cash
97 650
95 462
52 951
52 951

Estimated living cost  is ₽56438 per week

₽42937
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4599
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8363
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99852
₽115732
₽142456
₽103312
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
32 549
health

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

-
-
-
6 030
total
-
-
-
38 579
Employee
45 450
-
212 442
-
income
4 932
-
56 187
-
social contributions
4 554
-
4 558
-
total
9 486
-
60 745
-
Employer
45 450
-
212 442
-
social contributions
4 554
-
4 558
-
total
4 554
-
4 558
-
Corporate
166 996
217 000
-
-
income
58 449
75 949
-
-
total
58 449
75 949
-
-
Dividends
108 547
141 051
-
-
social contributions
5 234
5 234
-
-
total
5 234
5 234
-
-
Income
217 000
217 000
217 000
217 000
Total tax
77 723
81 183
65 303
38 579
After tax
139 277
135 817
151 697
178 421
Living cost
35 965
35 965
35 965
35 965
Free-cash
103 312
99 852
115 732
142 456

Estimated living cost  is ₽35965 per week

₽23690
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2835
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8888
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽100736
₽84598
₽104002
₽106580
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
66 605
pensions
-
-
-
9 741
total
-
-
-
76 346
Employee
50 310
-
189 162
-
pensions
3 840
-
11 666
-
income
9 162
-
53 670
-
health
656
-
2 576
-
total
13 658
-
67 912
-
Employer
50 310
-
189 162
-
health
956
-
3 594
-
pensions
5 083
-
24 244
-
total
6 039
-
27 838
-
Corporate
160 650
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.

30 524
41 231
-
-
total
30 524
41 231
-
-
Dividends
130 126
175 769
-
-
withholding
23 547
38 381
-
-
total
23 547
38 381
-
-
Income
217 000
217 000
217 000
217 000
Total tax
73 768
79 612
95 750
76 346
After tax
143 232
137 388
121 250
140 654
Living cost
36 652
36 652
36 652
36 652
Free-cash
106 580
100 736
84 598
104 002

Estimated living cost  is ₽36652 per week

₽25143
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3371
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽459
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7678
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽6308
₽95403
₽124311
₽13914
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
253
income
-
-
-
61 820
other
-
-
-
372
health
-
-
-
2 187
pensions
-
-
-
4 172
total
-
-
-
68 804
Employee
37 572
-
197 804
-
pensions
4 231
-
7 650
-
income
5 155
-
48 217
-
health
4 302
-
22 649
-
total
13 688
-
78 516
-
Employer
37 572
-
197 804
-
pensions
6 109
-
11 047
-
accident
627
-
3 303
-
unemployment
920
-
4 846
-
total
7 656
-
19 196
-
Corporate
171 771
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.

154 594
195 300
-
-
total
154 594
195 300
-
-
Dividends
17 177
21 700
-
-
withholding
3 263
4 123
-
-
total
3 263
4 123
-
-
Income
217 000
217 000
217 000
217 000
Total tax
179 201
199 423
97 712
68 804
After tax
37 799
17 577
119 288
148 196
Living cost
23 885
23 885
23 885
23 885
Free-cash
13 914
-6 308
95 403
124 311

Estimated living cost  is ₽23885 per week

₽17529
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1392
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4483
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽152621
₽145408
₽123621
₽149623
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
36 420
unemployment
-
-
-
1 901
work injury
-
-
-
792
health insurance
-
-
-
11 726
pensions
-
-
-
29 156
total
-
-
-
79 995
Employee

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

21 414
-
217 000
-
health insurance
1 585
-
5 863
-
unemployment
257
-
951
-
work injury
107
-
396
-
pensions
3 940
-
14 578
-
income
2 141
-
36 420
-
total
8 030
-
58 208
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
195 586
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%.

19 559
21 700
-
-
total
19 559
21 700
-
-
Dividends
176 028
195 300
-
-
withholding
26 404
29 295
-
-
total
26 404
29 295
-
-
Income
217 000
217 000
217 000
217 000
Total tax
53 993
50 995
58 208
79 995
After tax
163 007
166 005
158 792
137 005
Living cost
13 384
13 384
13 384
13 384
Free-cash
149 623
152 621
145 408
123 621

Estimated living cost  is ₽13384 per week

₽8291
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽973
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽418
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3702
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74831
₽53906
₽62046
₽70322
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
49 587
regional
-
-
-
5 245
municipal
-
-
-
1 506
national
-
-
-
59 146
total
-
-
-
115 484
Employee
83 488
-
217 000
-
municipal
498
-
1 369
-
national
14 109
-
52 515
-
regional
1 260
-
4 730
-
social contributions
28 152
-
65 010
-
total
44 019
-
123 624
-
Employer
83 488
-
217 000
-
total
-
-
-
-
Corporate
133 512
217 000
-
-
municipal
6 436
10 459
-
-
nationa
32 044
52 080
-
-
total
38 480
62 539
-
-
Dividends
95 033
154 460
-
-
withholding
24 709
40 160
-
-
total
24 709
40 160
-
-
Income
217 000
217 000
217 000
217 000
Total tax
107 208
102 699
123 624
115 484
After tax
109 792
114 301
93 376
101 516
Living cost
39 470
39 470
39 470
39 470
Free-cash
70 322
74 831
53 906
62 046

Estimated living cost  is ₽39470 per week

₽27725
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2715
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽596
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8433
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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