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
₽78134
₽81232
₽91503
₽105511
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 344
trade
-
-
-
27 377
surtax

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

-
-
-
4 016
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.

-
-
-
73 003
total
-
-
-
110 740
Employee

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

35 517
-
217 000
-
health

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

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

6 344
-
6 344
-
surtax

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

55
-
4 016
-
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.

992
-
73 003
-
total
7 391
-
83 363
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
181 483
217 000
-
-
trade
28 584
34 177
-
-
chamber of commerce
402
453
-
-
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.

1 498
1 790
-
-
income
27 222
32 551
-
-
total
57 706
68 971
-
-
Dividends
123 778
148 029
-
-
surtax

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

1 683
2 016
-
-
withholding
30 591
36 655
-
-
total
32 274
38 671
-
-
Income
217 000
217 000
217 000
217 000
Total tax
97 371
107 642
83 363
110 740
After tax
119 629
109 358
133 637
106 260
Living cost
28 126
28 126
28 126
28 126
Free-cash
91 503
81 232
105 511
78 134

Estimated living cost  is ₽28126 per week

₽17692
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3279
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6629
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74904
₽86785
₽85976
₽76068
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
24 113
social contributions
-
-
-
2 333
national
-
-
-
40 987
pensions
-
-
-
26 040
total
-
-
-
93 473
Employee
75 375
-
187 595
-
pensions
3 015
-
7 504
-
national
14 427
-
42 827
-
municipal
9 310
-
24 953
-
total
26 752
-
75 284
-
Employer
75 375
-
187 595
-
pensions
6 030
-
15 008
-
social contributions
810
-
2 017
-
total
6 840
-
17 025
-
Corporate
129 811
217 000
-
-
income

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

25 962
43 400
-
-
total
25 962
43 400
-
-
Dividends
103 848
173 600
-
-
withholding
22 847
38 192
-
-
total
22 847
38 192
-
-
Income
217 000
217 000
217 000
217 000
Total tax
82 401
81 592
92 309
93 473
After tax
134 599
135 408
124 691
123 527
Living cost
48 623
48 623
48 623
48 623
Free-cash
85 976
86 785
76 068
74 904

Estimated living cost  is ₽48623 per week

₽33048
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4520
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽728
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10327
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60155
₽154282
₽146665
₽75454
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions

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

-
-
-
35 578
income
-
-
-
46 613
microenterprise
-
-
-
-
surtax
-
-
-
55 335
total
-
-
-
137 526
Employee
27 134
-
171 478
-
surtax
-
-
24 864
-
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.

2 985
-
12 173
-
income
4 830
-
39 668
-
total
7 815
-
76 705
-
Employer
27 134
-
171 478
-
surtax
-
-
18 862
-
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.

6 536
-
26 660
-
total
6 536
-
45 522
-
Corporate
183 330
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%.

36 665
43 400
-
-
total
36 665
43 400
-
-
Dividends

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

146 665
173 600
-
-
total
-
-
-
-
Income
217 000
217 000
217 000
217 000
Total tax
51 016
43 400
122 227
137 526
After tax
165 984
173 600
94 773
79 474
Living cost
19 318
19 318
19 318
19 318
Free-cash
146 665
154 282
75 454
60 155

Estimated living cost  is ₽19318 per week

₽12325
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1840
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽439
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4716
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77182
₽69329
₽63641
₽99867
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
11 451
pensions
-
-
-
10 880
income
-
-
-
78 587
total
-
-
-
100 918
Employee
79 297
79 297
199 743
-
health
12 171
10 353
11 451
-
pensions
14 274
10 880
10 880
-
income

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

12 980
12 980
38 645
-
total
39 425
34 213
60 976
-
Employer
79 297
79 297
199 743
-
health
5 512
5 512
6 850
-
pensions
5 519
5 519
6 860
-
unemployment
2 855
2 855
3 547
-
total
13 886
13 886
17 257
-
Corporate
124 790
123 817
-
-
income
24 958
24 764
-
-
total
24 958
24 764
-
-
Dividends
99 832
99 053
-
-
income
21 215
21 049
-
-
withholding
14 975
14 859
-
-
total
36 190
35 908
-
-
Income
217 000
217 000
217 000
217 000
Total tax
114 459
108 771
78 233
100 918
After tax
102 541
108 229
138 767
116 082
Living cost
38 900
38 900
38 900
38 900
Free-cash
63 641
69 329
99 867
77 182

Estimated living cost  is ₽38900 per week

₽27567
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3507
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.
₽7207
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70075
₽80047
₽79184
₽69141
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
5 256
accident
-
-
-
168
other
-
-
-
9 788
municipal
-
-
-
57 432
pensions
-
-
-
9 106
national
-
-
-
26 656
unemployment
-
-
-
84
total
-
-
-
108 490
Employee
54 766
-
190 533
-
national
-
-
26 140
-
municipal
16 331
-
56 817
-
total
16 331
-
82 957
-
Employer
54 766
-
190 533
-
health
3 368
-
5 181
-
accident
110
-
168
-
pensions
5 920
-
9 106
-
other
6 364
-
9 788
-
unemployment
1 446
-
2 224
-
total
17 208
-
26 467
-
Corporate
145 026
217 000
-
-
income
31 906
47 740
-
-
total
31 906
47 740
-
-
Dividends
113 120
169 260
-
-
withholding
33 936
50 778
-
-
total
33 936
50 778
-
-
Income
217 000
217 000
217 000
217 000
Total tax
99 381
98 518
109 424
108 490
After tax
117 619
118 482
107 576
108 510
Living cost
38 435
38 435
38 435
38 435
Free-cash
79 184
80 047
69 141
70 075

Estimated living cost  is ₽38435 per week

₽25473
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3772
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8607
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68563
₽71764
₽84812
₽97158
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 344
trade
-
-
-
28 595
surtax

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

-
-
-
4 016
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.

-
-
-
73 003
total
-
-
-
111 958
Employee

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

47 090
-
217 000
-
health

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

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

6 344
-
6 344
-
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.

222
-
4 016
-
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.

4 046
-
73 003
-
total
10 612
-
83 363
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
169 910
217 000
-
-
trade
27 950
35 696
-
-
chamber of commerce
382
449
-
-
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.

1 401
1 790
-
-
income
25 486
32 551
-
-
total
55 219
70 486
-
-
Dividends
114 690
146 513
-
-
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.

1 558
1 995
-
-
withholding
28 320
36 276
-
-
total
29 878
38 271
-
-
Income
217 000
217 000
217 000
217 000
Total tax
95 709
108 757
83 363
111 958
After tax
121 291
108 243
133 637
105 042
Living cost
36 479
36 479
36 479
36 479
Free-cash
84 812
71 764
97 158
68 563

Estimated living cost  is ₽36479 per week

₽24397
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3847
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽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

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
₽115526
₽128010
₽124159
₽113762
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
5 533
social contributions
-
-
-
15 024
income
-
-
-
50 798
total
-
-
-
71 355
Employee
71 404
71 404
205 211
-
health
710
1 214
3 489
-
social contributions
3 470
5 926
7 993
-
income
7 498
6 610
49 848
-
total
11 678
13 750
61 330
-
Employer
71 404
71 404
205 211
-
health
774
1 322
3 796
-
social contributions
3 470
5 926
7 993
-
total
4 244
7 248
11 789
-
Corporate
170 960
138 349
-
-
income
21 370
17 294
-
-
total
21 370
17 294
-
-
Dividends
149 590
121 055
-
-
withholding
25 430
20 579
-
-
total
25 430
20 579
-
-
Income
217 000
217 000
217 000
217 000
Total tax
62 722
58 871
73 119
71 355
After tax
154 278
158 129
143 881
145 645
Living cost
30 119
30 119
30 119
30 119
Free-cash
124 159
128 010
113 762
115 526

Estimated living cost  is ₽30119 per week

₽20589
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2352
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽506
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6672
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽133472
₽104931
₽105284
₽108942
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
15 190
pensions
-
-
-
21 700
unemployment
-
-
-
3 255
income
-
-
-
26 528
total
-
-
-
66 673
Employee

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

The minimum wage is 138,000 HUF per month.

24 330
9 683
181 590
-
health
1 703
678
12 711
-
pensions
2 433
968
18 159
-
unemployment
365
145
2 724
-
income
2 974
1 184
22 199
-
total
7 475
2 975
55 793
-
Employer

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

The minimum wage is 138,000 HUF per month.

24 330
9 683
181 590
-
pensions
4 744
1 888
35 410
-
total
4 744
1 888
35 410
-
Corporate
187 926
205 429
-
-
income
16 913
18 489
-
-
total
16 913
18 489
-
-
Dividends
171 012
186 940
-
-
social contributions
33 237
36 343
-
-
withholding
32 492
35 519
-
-
total
65 729
71 862
-
-
Income
217 000
217 000
217 000
217 000
Total tax
94 861
95 214
91 203
66 673
After tax
122 139
121 786
125 797
150 327
Living cost
16 855
16 855
16 855
16 855
Free-cash
105 284
104 931
108 942
133 472

Estimated living cost  is ₽16855 per week

₽11502
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1379
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽337
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3637
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93884
₽151171
₽145403
₽102646
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
28 210
pensions
-
-
-
43 400
income
-
-
-
29 077
total
-
-
-
100 687
Employee
26 342
-
162 183
-
pensions
527
-
3 244
-
unemployment
421
-
2 596
-
income
2 966
-
31 268
-
total
3 914
-
37 108
-
Employer
26 342
-
162 183
-
health
3 424
-
21 084
-
pensions
5 269
-
32 436
-
unemployment
211
-
1 297
-
total
8 904
-
54 817
-
Corporate
181 753
217 000
-
-
income
36 350
43 400
-
-
total
36 350
43 400
-
-
Dividends
145 403
173 600
-
-
total
-
-
-
-
Income
217 000
217 000
217 000
217 000
Total tax
49 168
43 400
91 925
100 687
After tax
167 832
173 600
125 075
116 313
Living cost
22 429
22 429
22 429
22 429
Free-cash
145 403
151 171
102 646
93 884

Estimated living cost  is ₽22429 per week

₽15384
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1336
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5258
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Tallinn model

Close
Gdansk , Poland
₽127684
-₽2889
₽14438
₽99272
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
2 029
accident
-
-
-
235
other
-
-
-
345
pensions
-
-
-
3 871
income
-
-
-
62 370
total
-
-
-
68 850
Employee
32 195
-
198 570
-
health
3 686
-
22 736
-
pensions
3 625
-
7 097
-
income
4 417
-
48 999
-
total
11 728
-
78 832
-
Employer
32 195
-
198 570
-
accident
537
-
3 316
-
pensions
5 235
-
10 249
-
unemployment
789
-
4 865
-
total
6 561
-
18 430
-
Corporate
178 244
217 000
-
-
income

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

160 420
195 300
-
-
total
160 420
195 300
-
-
Dividends
17 825
21 700
-
-
withholding
3 387
4 123
-
-
total
3 387
4 123
-
-
Income
217 000
217 000
217 000
217 000
Total tax
182 096
199 423
97 262
68 850
After tax
34 904
17 577
119 738
148 150
Living cost
20 466
20 466
20 466
20 466
Free-cash
14 438
-2 889
99 272
127 684

Estimated living cost  is ₽20466 per week

₽15000
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.
₽427
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3906
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽207172
₽198492
₽197057
₽165942
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
217 000
microenterprise

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

-
-
-
2 170
total
-
-
-
2 170
Employee
9 572
-
217 000
-
income
1 914
-
43 400
-
total
1 914
-
43 400
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

207 428
217 000
-
-
total
-
-
-
-
Dividends
207 428
217 000
-
-
withholding
10 371
10 850
-
-
total
10 371
10 850
-
-
Income
217 000
217 000
217 000
217 000
Total tax
12 285
10 850
43 400
2 170
After tax
204 715
206 150
173 600
214 830
Living cost
7 658
7 658
7 658
7 658
Free-cash
197 057
198 492
165 942
207 172

Estimated living cost  is ₽7658 per week

₽4746
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽637
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽210
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2065
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽106829
₽134687
₽128415
₽105056
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
6 213
other
-
-
-
6 707
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.

-
-
-
33 890
income
-
-
-
38 618
total
-
-
-
85 428
Employee
33 716
-
181 098
-
health
472
-
1 977
-
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.

2 360
-
9 884
-
unemployment
337
-
1 411
-
income
5 805
-
38 028
-
total
8 974
-
51 300
-
Employer
33 716
-
181 098
-
health
472
-
1 977
-
accident
270
-
1 448
-
pensions

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

5 732
-
24 006
-
other
1 686
-
7 059
-
unemployment
337
-
1 411
-
total
8 497
-
35 901
-
Corporate
174 787
217 000
-
-
income
36 706
45 570
-
-
total
36 706
45 570
-
-
Dividends
138 081
171 430
-
-
withholding
9 665
12 000
-
-
total
9 665
12 000
-
-
Income
217 000
217 000
217 000
217 000
Total tax
63 842
57 570
87 201
85 428
After tax
153 158
159 430
129 799
131 572
Living cost
24 743
24 743
24 743
24 743
Free-cash
128 415
134 687
105 056
106 829

Estimated living cost  is ₽24743 per week

₽17482
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1671
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽398
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5191
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78047
₽74419
₽81856
₽58707
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
9 396
income
-
-
-
67 786
total
-
-
-
77 182
Employee
87 396
-
189 060
-
health
1 440
-
2 531
-
pensions
8 431
-
11 159
-
income
15 754
-
54 892
-
total
25 625
-
68 582
-
Employer
87 396
-
189 060
-
health
1 660
-
3 592
-
pensions
10 319
-
24 348
-
total
11 979
-
27 940
-
Corporate
117 625
217 000
-
-
income

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

22 349
41 229
-
-
total
22 349
41 229
-
-
Dividends
95 276
175 771
-
-
withholding
13 420
39 581
-
-
total
13 420
39 581
-
-
Income
217 000
217 000
217 000
217 000
Total tax
73 373
80 810
96 522
77 182
After tax
143 627
136 190
120 478
139 818
Living cost
61 771
61 771
61 771
61 771
Free-cash
81 856
74 419
58 707
78 047

Estimated living cost  is ₽61771 per week

₽46286
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7258
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽502
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7726
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽163661
₽173387
₽169085
₽172751
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 722
pensions

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

-
-
-
4 790
unemployment
-
-
-
129
income
-
-
-
32 550
total
-
-
-
41 191
Employee
16 086
-
210 650
-
health
740
-
1 489
-
accident

We are using the highest rate at 1.1%.

177
-
356
-
pensions

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

1 412
-
2 842
-
income
1 608
-
21 065
-
total
3 937
-
25 752
-
Employer
16 086
-
210 650
-
health
1 110
-
2 233
-
accident

We are using the highest rate at 1.1%.

177
-
356
-
pensions

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

1 773
-
3 566
-
unemployment
96
-
194
-
total
3 156
-
6 349
-
Corporate
197 758
217 000
-
-
income
19 775
21 700
-
-
total
19 775
21 700
-
-
Dividends
177 982
195 300
-
-
withholding
8 899
9 765
-
-
total
8 899
9 765
-
-
Income
217 000
217 000
217 000
217 000
Total tax
35 767
31 465
32 101
41 191
After tax
181 233
185 535
184 899
175 809
Living cost
12 148
12 148
12 148
12 148
Free-cash
169 085
173 387
172 751
163 661

Estimated living cost  is ₽12148 per week

₽7092
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽868
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽322
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3867
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64591
₽56738
₽59076
₽87276
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
11 451
pensions
-
-
-
10 880
income
-
-
-
78 587
total
-
-
-
100 918
Employee
86 091
79 297
199 743
-
health
10 740
10 353
11 451
-
pensions
10 880
10 880
10 880
-
income

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

12 980
12 980
38 645
-
total
34 600
34 213
60 976
-
Employer
86 091
79 297
199 743
-
health
5 983
5 512
6 850
-
pensions
5 991
5 519
6 860
-
unemployment
3 100
2 855
3 547
-
total
15 074
13 886
17 257
-
Corporate
115 835
123 817
-
-
income
23 167
24 764
-
-
total
23 167
24 764
-
-
Dividends
92 668
99 053
-
-
income
19 692
21 049
-
-
withholding
13 900
14 859
-
-
total
33 592
35 908
-
-
Income
217 000
217 000
217 000
217 000
Total tax
106 433
108 771
78 233
100 918
After tax
110 567
108 229
138 767
116 082
Living cost
51 491
51 491
51 491
51 491
Free-cash
59 076
56 738
87 276
64 591

Estimated living cost  is ₽51491 per week

₽37983
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.
₽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.
₽8319
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽105817
₽126567
₽118420
₽96241
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
29 295
social contributions
-
-
-
32 863
solidarity contribution
-
-
-
2 961
income
-
-
-
23 226
total
-
-
-
88 345
Employee
33 586
-
173 269
-
health
4 534
-
23 391
-
solidarity contribution
-
-
2 101
-
social contributions
2 183
-
7 315
-
income
4 030
-
21 384
-
total
10 747
-
54 191
-
Employer
33 586
-
173 269
-
health
3 023
-
15 594
-
social contributions
8 396
-
28 136
-
total
11 419
-
43 730
-
Corporate
171 995
217 000
-
-
income
32 679
41 230
-
-
total
32 679
41 230
-
-
Dividends
139 316
175 770
-
-
withholding
20 897
26 365
-
-
total
20 897
26 365
-
-
Income
217 000
217 000
217 000
217 000
Total tax
75 742
67 595
97 921
88 345
After tax
141 258
149 405
119 079
128 655
Living cost
22 838
22 838
22 838
22 838
Free-cash
118 420
126 567
96 241
105 817

Estimated living cost  is ₽22838 per week

₽15864
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1625
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4901
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65905
₽76594
₽71747
₽58032
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
2 783
municipal
-
-
-
1 364
social contributions
-
-
-
46 475
national
-
-
-
61 290
total
-
-
-
111 912
Employee
82 527
-
217 000
-
regional
779
-
2 531
-
national
14 300
-
55 075
-
social contributions
27 828
-
60 930
-
municipal
437
-
1 249
-
total
43 344
-
119 785
-
Employer
82 527
-
217 000
-
total
-
-
-
-
Corporate
134 473
217 000
-
-
nationa
32 274
52 081
-
-
municipal
5 244
8 464
-
-
total
37 518
60 545
-
-
Dividends
96 955
156 456
-
-
withholding
25 208
40 678
-
-
total
25 208
40 678
-
-
Income
217 000
217 000
217 000
217 000
Total tax
106 070
101 223
119 785
111 912
After tax
110 930
115 777
97 215
105 088
Living cost
39 183
39 183
39 183
39 183
Free-cash
71 747
76 594
58 032
65 905

Estimated living cost  is ₽39183 per week

₽27314
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2569
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽601
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8698
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81491
₽116003
₽113111
₽75814
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
8 798
other
-
-
-
-
pensions
-
-
-
24 787
unemployment
-
-
-
211
income
-
-
-
69 401
surtax
-
-
-
11 821
total
-
-
-
115 018
Employee
30 708
-
190 913
-
health
784
-
3 160
-
pensions
2 048
-
8 266
-
unemployment
2 138
-
8 626
-
surtax
100
-
10 709
-
income
5 147
-
63 847
-
other
-
-
-
-
total
10 217
-
94 608
-
Employer
30 708
-
190 913
-
health
1 397
-
5 639
-
pensions
4 094
-
16 520
-
other
-
-
-
-
unemployment
973
-
3 928
-
total
6 464
-
26 087
-
Corporate
179 829
217 000
-
-
income
46 755
56 419
-
-
total
46 755
56 419
-
-
Dividends
133 073
160 581
-
-
withholding
19 962
24 087
-
-
total
19 962
24 087
-
-
Income
217 000
217 000
217 000
217 000
Total tax
83 398
80 506
120 695
115 018
After tax
133 602
136 494
96 305
101 982
Living cost
20 491
20 491
20 491
20 491
Free-cash
113 111
116 003
75 814
81 491

Estimated living cost  is ₽20491 per week

₽12529
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1891
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.
₽5598
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97618
₽93990
₽100091
₽78278
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
9 396
income
-
-
-
67 786
total
-
-
-
77 182
Employee
58 571
-
189 060
-
health
850
-
2 531
-
pensions
4 971
-
11 159
-
income
10 549
-
54 892
-
total
16 370
-
68 582
-
Employer
58 571
-
189 060
-
health
1 113
-
3 592
-
pensions
6 340
-
24 348
-
total
7 453
-
27 940
-
Corporate
150 976
217 000
-
-
income

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

28 685
41 229
-
-
total
28 685
41 229
-
-
Dividends
122 292
175 771
-
-
withholding
22 201
39 581
-
-
total
22 201
39 581
-
-
Income
217 000
217 000
217 000
217 000
Total tax
74 709
80 810
96 522
77 182
After tax
142 291
136 190
120 478
139 818
Living cost
42 200
42 200
42 200
42 200
Free-cash
100 091
93 990
78 278
97 618

Estimated living cost  is ₽42200 per week

₽31616
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3163
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽441
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6979
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽97180
₽24059
₽56221
₽89118
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
488
city
-
-
-
2 288
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.

-
-
-
4 340
regional
-
-
-
12 078
pensions
-
-
-
19 965
national
-
-
-
5 492
total
-
-
-
44 651
Employee
87 967
-
195 226
-
health
199
-
440
-
regional
2 880
-
10 742
-
pensions
7 390
-
15 283
-
unemployment
-
-
-
-
national
416
-
4 511
-
city
944
-
2 110
-
total
11 829
-
33 086
-
Employer
87 967
-
195 226
-
health
199
-
440
-
pensions
7 390
-
15 283
-
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.

1 759
-
3 904
-
unemployment
-
-
-
-
total
9 348
-
19 627
-
Corporate
118 718
217 000
-
-
national
10 091
18 445
-
-
regional
25 110
45 895
-
-
total
35 201
64 340
-
-
Dividends
83 517
152 660
-
-
withholding
29 232
53 432
-
-
total
29 232
53 432
-
-
Income
217 000
217 000
217 000
217 000
Total tax
85 610
117 772
52 713
44 651
After tax
131 390
99 228
164 287
172 349
Living cost
75 169
75 169
75 169
75 169
Free-cash
56 221
24 059
89 118
97 180

Estimated living cost  is ₽75169 per week

₽48881
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6746
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽923
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18619
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽61287
₽64588
₽79646
₽91098
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 344
trade
-
-
-
29 811
surtax

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

-
-
-
4 016
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.

-
-
-
73 003
total
-
-
-
113 174
Employee

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

55 806
-
217 000
-
health

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

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

6 344
-
6 344
-
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.

361
-
4 016
-
income

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

6 562
-
73 003
-
total
13 267
-
83 363
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
161 194
217 000
-
-
trade
27 645
37 215
-
-
chamber of commerce
368
446
-
-
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.

1 330
1 790
-
-
income
24 179
32 551
-
-
total
53 522
72 002
-
-
Dividends
107 672
144 998
-
-
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.

1 461
1 974
-
-
withholding
26 565
35 897
-
-
total
28 026
37 871
-
-
Income
217 000
217 000
217 000
217 000
Total tax
94 815
109 873
83 363
113 174
After tax
122 185
107 127
133 637
103 826
Living cost
42 539
42 539
42 539
42 539
Free-cash
79 646
64 588
91 098
61 287

Estimated living cost  is ₽42539 per week

₽31069
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3403
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.
₽7516
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86274
₽77599
₽83083
₽79402
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
10 844
other
-
-
-
6 726
pensions
-
-
-
33 601
social contributions
-
-
-
6 183
income
-
-
-
41 602
surtax
-
-
-
-
total
-
-
-
98 956
Employee
39 742
-
165 166
-
pensions
4 494
-
12 638
-
surtax
-
-
-
-
social contributions
1 133
-
4 705
-
income
2 345
-
36 651
-
total
7 972
-
53 994
-
Employer
39 742
-
165 166
-
health
2 782
-
16 646
-
pensions
6 529
-
21 069
-
other
1 371
-
6 935
-
social contributions
120
-
495
-
unemployment
1 609
-
6 689
-
total
12 411
-
51 834
-
Corporate
164 847
217 000
-
-
surtax
-
-
-
-
income
46 156
60 759
-
-
total
46 156
60 759
-
-
Dividends
118 691
156 241
-
-
social contributions
20 416
26 873
-
-
surtax
-
-
-
-
withholding
15 192
19 999
-
-
total
35 608
46 872
-
-
Income
217 000
217 000
217 000
217 000
Total tax
102 147
107 631
105 828
98 956
After tax
114 853
109 369
111 172
118 044
Living cost
31 770
31 770
31 770
31 770
Free-cash
83 083
77 599
79 402
86 274

Estimated living cost  is ₽31770 per week

₽20032
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2583
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽541
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8615
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89422
₽80747
₽85907
₽82550
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
10 844
other
-
-
-
6 726
pensions
-
-
-
33 601
social contributions
-
-
-
6 183
income
-
-
-
41 602
surtax
-
-
-
-
total
-
-
-
98 956
Employee
35 475
-
165 166
-
pensions
4 012
-
12 638
-
surtax
-
-
-
-
social contributions
1 011
-
4 705
-
income
1 829
-
36 651
-
total
6 852
-
53 994
-
Employer
35 475
-
165 166
-
health
2 483
-
16 646
-
pensions
5 829
-
21 069
-
other
1 225
-
6 935
-
social contributions
106
-
495
-
unemployment
1 436
-
6 689
-
total
11 079
-
51 834
-
Corporate
170 446
217 000
-
-
surtax
-
-
-
-
income
47 725
60 759
-
-
total
47 725
60 759
-
-
Dividends
122 721
156 241
-
-
social contributions
21 107
26 873
-
-
surtax
-
-
-
-
withholding
15 708
19 999
-
-
total
36 815
46 872
-
-
Income
217 000
217 000
217 000
217 000
Total tax
102 471
107 631
105 828
98 956
After tax
114 529
109 369
111 172
118 044
Living cost
28 622
28 622
28 622
28 622
Free-cash
85 907
80 747
82 550
89 422

Estimated living cost  is ₽28622 per week

₽16600
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2908
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽543
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8573
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽119667
₽112700
₽113182
₽113623
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
15 146
social contributions
-
-
-
29 946
income
-
-
-
32 551
total
-
-
-
77 643
Employee
31 485
-
217 000
-
health
2 197
-
15 146
-
social contributions
4 345
-
29 946
-
income
5 251
-
38 595
-
total
11 793
-
83 687
-
Employer
31 485
-
217 000
-
total
-
-
-
-
Corporate
185 515
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%.

9 276
10 850
-
-
total
9 276
10 850
-
-
Dividends
176 239
206 150
-
-
social contributions
24 321
28 448
-
-
health
12 302
14 390
-
-
withholding
26 436
30 922
-
-
total
63 059
73 760
-
-
Income
217 000
217 000
217 000
217 000
Total tax
84 128
84 610
83 687
77 643
After tax
132 872
132 390
133 313
139 357
Living cost
19 690
19 690
19 690
19 690
Free-cash
113 182
112 700
113 623
119 667

Estimated living cost  is ₽19690 per week

₽13177
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1214
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4844
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78315
₽86836
₽85400
₽24043
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
8 298
pensions
-
-
-
20 069
unemployment
-
-
-
5 695
income
-
-
-
70 851
chamber of commerce
-
-
-
869
surtax
-
-
-
183
total
-
-
-
105 965
Employee
46 406
37 005
180 351
-
health
1 796
1 433
4 197
-
pensions
4 753
3 789
11 109
-
unemployment
1 392
1 110
3 255
-
income
5 283
2 730
59 736
-
other
463
370
1 085
-
total
13 687
9 432
79 382
-
Employer
46 406
37 005
180 351
-
payroll
1 392
1 110
5 410
-
health
1 753
1 399
4 101
-
surtax
183
183
183
-
accident
603
481
1 410
-
pensions
5 824
4 645
13 614
-
chamber of commerce
185
148
721
-
other
2 204
1 757
7 954
-
unemployment
1 392
1 110
3 255
-
total
13 536
10 833
36 648
-
Corporate
157 057
169 161
176 828
-
income

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

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

39 265
42 290
44 207
-
total
39 265
42 290
44 207
-
Dividends
117 792
126 871
-
-
withholding
32 392
34 889
-
-
total
32 392
34 889
-
-
Income
217 000
217 000
217 000
217 000
Total tax
98 880
97 444
160 237
105 965
After tax
118 120
119 556
56 763
111 035
Living cost
32 720
32 720
32 720
32 720
Free-cash
85 400
86 836
24 043
78 315

Estimated living cost  is ₽32720 per week

₽21823
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2791
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.
₽7568
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60567
₽84774
₽73467
₽39557
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 151
national
-
-
-
87 795
communal

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

-
-
-
11 630
total
-
-
-
122 576
Employee

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

66 422
-
168 074
-
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.

3 121
-
7 900
-
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.

4 982
-
12 605
-
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.

578
-
1 463
-
national
20 421
-
63 924
-
communal

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

3 464
-
8 767
-
total
32 566
-
94 659
-
Employer

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

66 422
-
168 074
-
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.

4 085
-
10 335
-
surtax
7 531
-
19 060
-
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.

863
-
2 185
-
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.

5 886
-
14 892
-
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.

969
-
2 455
-
total
19 334
-
48 927
-
Corporate
131 243
217 000
-
-
surtax
525
941
-
-
income
26 249
47 071
-
-
total
26 774
48 012
-
-
Dividends
104 469
168 988
-
-
withholding

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

31 002
50 357
-
-
total
31 002
50 357
-
-
Income
217 000
217 000
217 000
217 000
Total tax
109 676
98 369
143 586
122 576
After tax
107 324
118 631
73 414
94 424
Living cost
33 857
33 857
33 857
33 857
Free-cash
73 467
84 774
39 557
60 567

Estimated living cost  is ₽33857 per week

₽21809
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2960
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8559
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87646
₽110464
₽104102
₽83751
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
775
other
-
-
-
86
pensions
-
-
-
24 357
unemployment
-
-
-
603
income
-
-
-
69 998
total
-
-
-
95 819
Employee
46 223
-
189 561
-
pensions
2 173
-
4 046
-
unemployment
717
-
1 334
-
other
46
-
86
-
income
9 753
-
66 810
-
total
12 689
-
72 276
-
Employer
46 223
-
189 561
-
accident
915
-
1 704
-
pensions
10 908
-
20 312
-
other
368
-
689
-
unemployment
2 543
-
4 733
-
total
14 734
-
27 438
-
Corporate
156 044
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.

23 407
32 551
-
-
total
23 407
32 551
-
-
Dividends
132 637
184 449
-
-
withholding
28 533
40 450
-
-
total
28 533
40 450
-
-
Income
217 000
217 000
217 000
217 000
Total tax
79 363
73 001
99 714
95 819
After tax
137 637
143 999
117 286
121 181
Living cost
33 535
33 535
33 535
33 535
Free-cash
104 102
110 464
83 751
87 646

Estimated living cost  is ₽33535 per week

₽24695
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2379
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.
₽5977
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50841
₽71718
₽58943
₽59491
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
15 246
accident
-
-
-
1 829
pensions
-
-
-
32 526
communal
-
-
-
13 715
income
-
-
-
41 622
surtax
-
-
-
10 758
total
-
-
-
115 696
Employee
70 321
-
193 836
-
health
3 130
-
8 626
-
pensions
5 625
-
15 507
-
surtax
4 310
-
11 879
-
income
6 792
-
47 870
-
total
19 857
-
83 882
-
Employer
70 321
-
193 836
-
health
2 145
-
5 912
-
accident
633
-
1 745
-
pensions
5 625
-
15 507
-
total
8 403
-
23 164
-
Corporate
138 277
217 000
-
-
communal
9 334
14 647
-
-
surtax
1 452
2 278
-
-
income
20 742
32 551
-
-
total
31 528
49 476
-
-
Dividends
106 748
167 524
-
-
income
31 793
20 215
-
-
withholding
16 013
25 128
-
-
total
47 806
45 343
-
-
Income
217 000
217 000
217 000
217 000
Total tax
107 594
94 819
107 046
115 696
After tax
109 406
122 181
109 954
101 304
Living cost
50 463
50 463
50 463
50 463
Free-cash
58 943
71 718
59 491
50 841

Estimated living cost  is ₽50463 per week

₽37855
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3057
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽534
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9015
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81125
₽115637
₽112683
₽75448
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
8 798
other
-
-
-
-
pensions
-
-
-
24 787
unemployment
-
-
-
211
income
-
-
-
69 401
surtax
-
-
-
11 821
total
-
-
-
115 018
Employee
31 271
-
190 913
-
health
798
-
3 160
-
pensions
2 086
-
8 266
-
unemployment
2 176
-
8 626
-
surtax
111
-
10 709
-
income
5 242
-
63 847
-
other
-
-
-
-
total
10 413
-
94 608
-
Employer
31 271
-
190 913
-
health
1 422
-
5 639
-
pensions
4 169
-
16 520
-
other
-
-
-
-
unemployment
992
-
3 928
-
total
6 583
-
26 087
-
Corporate
179 145
217 000
-
-
income
46 578
56 419
-
-
total
46 578
56 419
-
-
Dividends
132 568
160 581
-
-
withholding
19 886
24 087
-
-
total
19 886
24 087
-
-
Income
217 000
217 000
217 000
217 000
Total tax
83 460
80 506
120 695
115 018
After tax
133 540
136 494
96 305
101 982
Living cost
20 857
20 857
20 857
20 857
Free-cash
112 683
115 637
75 448
81 125

Estimated living cost  is ₽20857 per week

₽12592
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1813
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5968
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79395
₽89046
₽86985
₽71565
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
3 462
municipal
-
-
-
1 364
social contributions
-
-
-
46 475
national
-
-
-
61 290
total
-
-
-
112 591
Employee
51 510
-
217 000
-
regional
693
-
3 167
-
national
8 161
-
55 075
-
social contributions
17 370
-
60 930
-
municipal
273
-
1 249
-
total
26 497
-
120 421
-
Employer
51 510
-
217 000
-
total
-
-
-
-
Corporate
165 490
217 000
-
-
nationa
39 717
52 081
-
-
municipal
8 224
10 784
-
-
total
47 941
62 865
-
-
Dividends
117 549
154 135
-
-
withholding
30 563
40 075
-
-
total
30 563
40 075
-
-
Income
217 000
217 000
217 000
217 000
Total tax
105 001
102 940
120 421
112 591
After tax
111 999
114 060
96 579
104 409
Living cost
25 014
25 014
25 014
25 014
Free-cash
86 985
89 046
71 565
79 395

Estimated living cost  is ₽25014 per week

₽15556
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2534
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽428
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6495
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽100512
₽121262
₽111222
₽90936
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
29 295
social contributions
-
-
-
32 863
solidarity contribution
-
-
-
2 961
income
-
-
-
23 226
total
-
-
-
88 345
Employee
41 386
-
173 269
-
health
5 587
-
23 391
-
solidarity contribution
-
-
2 101
-
social contributions
2 690
-
7 315
-
income
4 966
-
21 384
-
total
13 243
-
54 191
-
Employer
41 386
-
173 269
-
health
3 725
-
15 594
-
social contributions
10 347
-
28 136
-
total
14 072
-
43 730
-
Corporate
161 542
217 000
-
-
income
30 693
41 230
-
-
total
30 693
41 230
-
-
Dividends
130 849
175 770
-
-
withholding
19 627
26 365
-
-
total
19 627
26 365
-
-
Income
217 000
217 000
217 000
217 000
Total tax
77 635
67 595
97 921
88 345
After tax
139 365
149 405
119 079
128 655
Living cost
28 143
28 143
28 143
28 143
Free-cash
111 222
121 262
90 936
100 512

Estimated living cost  is ₽28143 per week

₽20929
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1559
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽487
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5168
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81593
₽90029
₽89570
₽27181
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
8 298
pensions
-
-
-
20 069
unemployment
-
-
-
5 695
income
-
-
-
70 851
chamber of commerce
-
-
-
869
surtax
-
-
-
-
total
-
-
-
105 782
Employee
40 591
37 005
180 521
-
health
1 570
1 433
4 197
-
pensions
4 157
3 789
11 109
-
unemployment
1 218
1 110
3 255
-
income
3 616
2 730
59 820
-
other
405
370
1 085
-
total
10 966
9 432
79 466
-
Employer
40 591
37 005
180 521
-
payroll
1 218
1 110
5 415
-
health
1 535
1 399
4 101
-
surtax
-
-
-
-
accident
527
481
1 410
-
pensions
5 094
4 645
13 614
-
chamber of commerce
162
148
722
-
other
1 928
1 757
7 961
-
unemployment
1 218
1 110
3 255
-
total
11 682
10 650
36 478
-
Corporate
164 728
169 344
176 997
-
income

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

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

41 182
42 336
44 250
-
total
41 182
42 336
44 250
-
Dividends
123 546
127 008
-
-
withholding
33 975
34 928
-
-
total
33 975
34 928
-
-
Income
217 000
217 000
217 000
217 000
Total tax
97 805
97 346
160 194
105 782
After tax
119 195
119 654
56 806
111 218
Living cost
29 625
29 625
29 625
29 625
Free-cash
89 570
90 029
27 181
81 593

Estimated living cost  is ₽29625 per week

₽17771
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3026
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽529
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8300
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽202897
₽194217
₽191980
₽161667
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
217 000
microenterprise

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

-
-
-
2 170
total
-
-
-
2 170
Employee
14 916
-
217 000
-
income
2 983
-
43 400
-
total
2 983
-
43 400
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

202 084
217 000
-
-
total
-
-
-
-
Dividends
202 084
217 000
-
-
withholding
10 104
10 850
-
-
total
10 104
10 850
-
-
Income
217 000
217 000
217 000
217 000
Total tax
13 087
10 850
43 400
2 170
After tax
203 913
206 150
173 600
214 830
Living cost
11 933
11 933
11 933
11 933
Free-cash
191 980
194 217
161 667
202 897

Estimated living cost  is ₽11933 per week

₽8075
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽501
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽400
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2956
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74984
₽124499
₽116729
₽70271
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
21 354
pensions
-
-
-
39 629
unemployment
-
-
-
326
income
-
-
-
55 800
total
-
-
-
117 109
Employee

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

41 062
-
187 764
-
health
2 652
-
12 131
-
pensions
6 365
-
29 104
-
unemployment
58
-
263
-
income
7 081
-
51 088
-
total
16 156
-
92 586
-
Employer

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

41 062
-
187 764
-
health
2 735
-
12 506
-
pensions
3 634
-
16 617
-
unemployment
25
-
113
-
total
6 394
-
29 236
-
Corporate
169 545
217 000
-
-
income
32 214
41 229
-
-
total
32 214
41 229
-
-
Dividends
137 331
175 771
-
-
withholding
20 600
26 365
-
-
total
20 600
26 365
-
-
Income
217 000
217 000
217 000
217 000
Total tax
75 364
67 594
121 822
117 109
After tax
141 636
149 406
95 178
99 891
Living cost
24 907
24 907
24 907
24 907
Free-cash
116 729
124 499
70 271
74 984

Estimated living cost  is ₽24907 per week

₽17093
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1597
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.
₽5736
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽107798
₽89857
₽43373
₽161978
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
24 738
income
-
-
-
42 298
total
-
-
-
67 036
Employee
60 460
-
-
-
social contributions
4 958
-
707
-
income
13 336
-
-
-
total
18 294
-
707
-
Employer
60 460
-
-
-
social contributions
85 249
-
12 149
-
total
85 249
-
12 149
-
Corporate
71 292
217 000
-
-
income
15 684
47 740
-
-
total
15 684
47 740
-
-
Dividends
55 607
169 260
-
-
income
12 234
37 237
-
-
total
12 234
37 237
-
-
Income
217 000
217 000
217 000
217 000
Total tax
131 461
84 977
12 856
67 036
After tax
85 539
132 023
204 144
149 964
Living cost
42 166
42 166
42 166
42 166
Free-cash
43 373
89 857
161 978
107 798

Estimated living cost  is ₽42166 per week

₽27359
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3966
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.
₽10304
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83658
₽94302
₽93369
₽66408
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions

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

-
-
-
75 408
income
-
-
-
28 807
surtax
-
-
-
-
total
-
-
-
104 215
Employee
42 708
-
175 353
-
surtax
-
-
377
-
social contributions
4 698
-
19 289
-
income
8 883
-
60 152
-
total
13 581
-
79 818
-
Employer
42 708
-
175 353
-
social contributions
10 143
-
41 647
-
total
10 143
-
41 647
-
Corporate
164 149
217 000
-
-
surtax
-
-
-
-
income
34 471
45 570
-
-
total
34 471
45 570
-
-
Dividends
129 678
171 430
-
-
withholding
36 309
48 001
-
-
total
36 309
48 001
-
-
Income
217 000
217 000
217 000
217 000
Total tax
94 504
93 571
121 465
104 215
After tax
122 496
123 429
95 535
112 785
Living cost
29 127
29 127
29 127
29 127
Free-cash
93 369
94 302
66 408
83 658

Estimated living cost  is ₽29127 per week

₽21793
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1718
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5130
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73195
₽64520
₽70903
₽66323
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
10 844
other
-
-
-
6 726
pensions
-
-
-
33 601
social contributions
-
-
-
6 183
income
-
-
-
41 602
surtax
-
-
-
-
total
-
-
-
98 956
Employee
58 159
-
165 166
-
pensions
6 578
-
12 638
-
surtax
-
-
-
-
social contributions
1 656
-
4 705
-
income
5 075
-
36 651
-
total
13 309
-
53 994
-
Employer
58 159
-
165 166
-
health
4 071
-
16 646
-
pensions
9 556
-
21 069
-
other
2 007
-
6 935
-
social contributions
174
-
495
-
unemployment
2 356
-
6 689
-
total
18 164
-
51 834
-
Corporate
140 677
217 000
-
-
surtax
-
-
-
-
income
39 390
60 759
-
-
total
39 390
60 759
-
-
Dividends
101 287
156 241
-
-
social contributions
17 421
26 873
-
-
surtax
-
-
-
-
withholding
12 964
19 999
-
-
total
30 385
46 872
-
-
Income
217 000
217 000
217 000
217 000
Total tax
101 248
107 631
105 828
98 956
After tax
115 752
109 369
111 172
118 044
Living cost
44 849
44 849
44 849
44 849
Free-cash
70 903
64 520
66 323
73 195

Estimated living cost  is ₽44849 per week

₽30353
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3669
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽615
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10212
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽130061
₽167388
₽164268
₽135823
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
217 000
income
-
-
-
11 287
social contributions
-
-
-
47 739
total
-
-
-
59 026
Employee
29 853
-
187 878
-
social contributions
1 940
-
12 214
-
income
-
-
11 928
-
total
1 940
-
24 142
-
Employer
29 853
-
187 878
-
social contributions
4 627
-
29 122
-
total
4 627
-
29 122
-
Corporate
182 520
217 000
-
-
income
18 252
21 699
-
-
total
18 252
21 699
-
-
Dividends
164 267
195 301
-
-
total
-
-
-
-
Income
217 000
217 000
217 000
217 000
Total tax
24 819
21 699
53 264
59 026
After tax
192 181
195 301
163 736
157 974
Living cost
27 913
27 913
27 913
27 913
Free-cash
164 268
167 388
135 823
130 061

Estimated living cost  is ₽27913 per week

₽18048
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2104
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7235
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80382
₽15880
₽9042
₽15880
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
46 818
labour market
-
-
-
17 296
national
-
-
-
27 248
pensions
-
-
-
800
total
-
-
-
92 162
Employee
187 638
187 638
187 638
-
pensions
267
267
267
-
labour market
14 990
14 990
14 990
-
national
22 923
22 923
22 923
-
municipal
39 957
39 957
39 957
-
total
78 137
78 137
78 137
-
Employer
187 638
187 638
187 638
-
municipal
40 020
40 020
40 020
-
labour market
15 011
15 011
15 011
-
national
22 963
22 963
22 963
-
pensions
533
533
533
-
total
78 527
78 527
78 527
-
Corporate
15 880
-
-
-
income
3 494
-
-
-
total
3 494
-
-
-
Dividends
12 386
-
-
-
withholding
3 344
-
-
-
total
3 344
-
-
-
Income
217 000
217 000
217 000
217 000
Total tax
163 502
156 664
156 664
92 162
After tax
53 498
60 336
60 336
124 838
Living cost
44 456
44 456
44 456
44 456
Free-cash
9 042
15 880
15 880
80 382

Estimated living cost  is ₽44456 per week

₽30426
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3933
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽684
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9413
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽127986
-₽2587
₽14483
₽99574
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
2 029
accident
-
-
-
235
other
-
-
-
345
pensions
-
-
-
3 871
income
-
-
-
62 370
total
-
-
-
68 850
Employee
31 720
-
198 570
-
health
3 632
-
22 736
-
pensions
3 572
-
7 097
-
income
4 352
-
48 999
-
total
11 556
-
78 832
-
Employer
31 720
-
198 570
-
accident
530
-
3 316
-
pensions
5 158
-
10 249
-
unemployment
777
-
4 865
-
total
6 465
-
18 430
-
Corporate
178 815
217 000
-
-
income

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

160 934
195 300
-
-
total
160 934
195 300
-
-
Dividends
17 882
21 700
-
-
withholding
3 398
4 123
-
-
total
3 398
4 123
-
-
Income
217 000
217 000
217 000
217 000
Total tax
182 353
199 423
97 262
68 850
After tax
34 647
17 577
119 738
148 150
Living cost
20 164
20 164
20 164
20 164
Free-cash
14 483
-2 587
99 574
127 986

Estimated living cost  is ₽20164 per week

₽14677
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1150
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽378
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3959
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96548
₽97005
₽99877
₽71691
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 953
municipal
-
-
-
38 528
national
-
-
-
43 320
total
-
-
-
84 801
Employee
48 855
-
182 551
-
health
365
-
2 423
-
pensions
3 297
-
12 323
-
unemployment
733
-
2 738
-
national
807
-
28 014
-
municipal
8 002
-
29 712
-
total
13 204
-
75 210
-
Employer
48 855
-
182 551
-
health
375
-
1 406
-
accident
49
-
183
-
pensions
8 476
-
31 673
-
unemployment
317
-
1 186
-
total
9 217
-
34 448
-
Corporate
158 927
217 000
-
-
income
31 786
43 400
-
-
total
31 786
43 400
-
-
Dividends

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

95 356
130 200
-
-
national
10 102
17 507
-
-
municipal
17 163
23 437
-
-
total
27 265
40 944
-
-
Income
217 000
217 000
217 000
217 000
Total tax
81 472
84 344
109 658
84 801
After tax
135 528
132 656
107 342
132 199
Living cost
35 651
35 651
35 651
35 651
Free-cash
99 877
97 005
71 691
96 548

Estimated living cost  is ₽35651 per week

₽23287
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3429
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽567
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8369
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽124146
₽136630
₽131576
₽122382
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
5 533
social contributions
-
-
-
15 024
income
-
-
-
50 798
total
-
-
-
71 355
Employee
71 404
71 404
205 211
-
health
553
1 214
3 489
-
social contributions
2 700
5 926
7 993
-
income
7 775
6 610
49 848
-
total
11 028
13 750
61 330
-
Employer
71 404
71 404
205 211
-
health
601
1 322
3 796
-
social contributions
2 700
5 926
7 993
-
total
3 301
7 248
11 789
-
Corporate
181 173
138 349
-
-
income
22 647
17 294
-
-
total
22 647
17 294
-
-
Dividends
158 525
121 055
-
-
withholding
26 949
20 579
-
-
total
26 949
20 579
-
-
Income
217 000
217 000
217 000
217 000
Total tax
63 925
58 871
73 119
71 355
After tax
153 075
158 129
143 881
145 645
Living cost
21 499
21 499
21 499
21 499
Free-cash
131 576
136 630
122 382
124 146

Estimated living cost  is ₽21499 per week

₽12885
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2109
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽476
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6030
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽170445
₽164956
₽160230
₽151818
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 360
pensions
-
-
-
5 907
unemployment
-
-
-
26
income
-
-
-
22 519
total
-
-
-
31 812
Employee

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

21 314
-
207 925
-
health
1 812
-
7 489
-
pensions
3 197
-
13 216
-
unemployment
106
-
441
-
income
1 457
-
20 217
-
total
6 572
-
41 363
-
Employer

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

21 314
-
207 925
-
health
916
-
3 789
-
pensions
1 172
-
4 846
-
unemployment
106
-
441
-
total
2 194
-
9 076
-
Corporate
193 492
217 000
-
-
income
17 414
19 530
-
-
total
17 414
19 530
-
-
Dividends
176 078
197 470
-
-
withholding
15 847
17 771
-
-
total
15 847
17 771
-
-
Income
217 000
217 000
217 000
217 000
Total tax
42 027
37 301
50 439
31 812
After tax
174 973
179 699
166 561
185 188
Living cost
14 743
14 743
14 743
14 743
Free-cash
160 230
164 956
151 818
170 445

Estimated living cost  is ₽14743 per week

₽9406
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1063
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽439
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3834
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95646
₽118464
₽114365
₽91751
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
775
other
-
-
-
86
pensions
-
-
-
24 357
unemployment
-
-
-
603
income
-
-
-
69 998
total
-
-
-
95 819
Employee
34 335
-
189 561
-
pensions
1 614
-
4 046
-
unemployment
532
-
1 334
-
other
33
-
86
-
income
6 620
-
66 810
-
total
8 799
-
72 276
-
Employer
34 335
-
189 561
-
accident
680
-
1 704
-
pensions
8 102
-
20 312
-
other
275
-
689
-
unemployment
1 889
-
4 733
-
total
10 946
-
27 438
-
Corporate
171 718
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.

25 758
32 551
-
-
total
25 758
32 551
-
-
Dividends
145 961
184 449
-
-
withholding
31 597
40 450
-
-
total
31 597
40 450
-
-
Income
217 000
217 000
217 000
217 000
Total tax
77 100
73 001
99 714
95 819
After tax
139 900
143 999
117 286
121 181
Living cost
25 535
25 535
25 535
25 535
Free-cash
114 365
118 464
91 751
95 646

Estimated living cost  is ₽25535 per week

₽17236
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2455
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5398
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽138283
₽133665
₽133378
₽138159
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
922
pensions
-
-
-
1 271
income
-
-
-
74 781
total
-
-
-
76 974
Employee
2 654
-
215 570
-
health
133
-
318
-
pensions
239
-
572
-
unemployment
27
-
64
-
income
513
-
74 714
-
total
912
-
75 668
-
Employer
2 654
-
215 570
-
health
252
-
604
-
pensions
292
-
699
-
unemployment
53
-
127
-
total
597
-
1 430
-
Corporate
213 749
217 000
-
-
income
47 025
47 740
-
-
total
47 025
47 740
-
-
Dividends
166 724
169 260
-
-
withholding
33 345
33 852
-
-
total
33 345
33 852
-
-
Income
217 000
217 000
217 000
217 000
Total tax
81 879
81 592
77 098
76 974
After tax
135 121
135 408
139 902
140 026
Living cost
1 743
1 743
1 743
1 743
Free-cash
133 378
133 665
138 159
138 283

Estimated living cost  is ₽1743 per week

₽1036
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽141
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽40
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽526
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽124684
₽140747
₽136185
₽124684
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
7 058
pensions
-
-
-
17 817
unemployment
-
-
-
1 028
income
-
-
-
50 377
total
-
-
-
76 280
Employee

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

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

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

24 181
-
204 734
-
health
1 245
-
3 529
-
pensions
3 385
-
9 594
-
unemployment
181
-
514
-
income
3 333
-
50 377
-
total
8 144
-
64 014
-
Employer

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

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

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

24 181
-
204 734
-
health
1 245
-
3 529
-
pensions
2 902
-
8 223
-
unemployment
181
-
514
-
total
4 328
-
12 266
-
Corporate
188 491
217 000
-
-
income
28 274
32 550
-
-
total
28 274
32 550
-
-
Dividends
160 217
184 450
-
-
withholding
24 033
27 667
-
-
total
24 033
27 667
-
-
Income
217 000
217 000
217 000
217 000
Total tax
64 779
60 217
76 280
76 280
After tax
152 221
156 783
140 720
140 720
Living cost
16 036
16 036
16 036
16 036
Free-cash
136 185
140 747
124 684
124 684

Estimated living cost  is ₽16036 per week

₽10797
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1240
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽464
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3534
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87751
₽98395
₽98061
₽70501
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions

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

-
-
-
75 408
income
-
-
-
28 807
surtax
-
-
-
-
total
-
-
-
104 215
Employee
36 040
-
175 353
-
surtax
-
-
377
-
social contributions
3 965
-
19 289
-
income
7 042
-
60 152
-
total
11 007
-
79 818
-
Employer
36 040
-
175 353
-
social contributions
8 559
-
41 647
-
total
8 559
-
41 647
-
Corporate
172 401
217 000
-
-
surtax
-
-
-
-
income
36 204
45 570
-
-
total
36 204
45 570
-
-
Dividends
136 197
171 430
-
-
withholding
38 135
48 001
-
-
total
38 135
48 001
-
-
Income
217 000
217 000
217 000
217 000
Total tax
93 905
93 571
121 465
104 215
After tax
123 095
123 429
95 535
112 785
Living cost
25 034
25 034
25 034
25 034
Free-cash
98 061
98 395
70 501
87 751

Estimated living cost  is ₽25034 per week

₽17731
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1739
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽444
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5121
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88546
₽111364
₽105289
₽84651
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
775
other
-
-
-
86
pensions
-
-
-
24 357
unemployment
-
-
-
603
income
-
-
-
69 998
total
-
-
-
95 819
Employee
44 846
-
189 561
-
pensions
2 108
-
4 046
-
unemployment
694
-
1 334
-
other
44
-
86
-
income
9 367
-
66 810
-
total
12 213
-
72 276
-
Employer
44 846
-
189 561
-
accident
888
-
1 704
-
pensions
10 584
-
20 312
-
other
359
-
689
-
unemployment
2 467
-
4 733
-
total
14 298
-
27 438
-
Corporate
157 855
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.

23 678
32 551
-
-
total
23 678
32 551
-
-
Dividends
134 177
184 449
-
-
withholding
28 887
40 450
-
-
total
28 887
40 450
-
-
Income
217 000
217 000
217 000
217 000
Total tax
79 076
73 001
99 714
95 819
After tax
137 924
143 999
117 286
121 181
Living cost
32 635
32 635
32 635
32 635
Free-cash
105 289
111 364
84 651
88 546

Estimated living cost  is ₽32635 per week

₽23437
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.
₽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.
₽6201
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽159870
₽169596
₽163948
₽168960
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 722
pensions

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

-
-
-
4 790
unemployment
-
-
-
129
income
-
-
-
32 550
total
-
-
-
41 191
Employee
21 105
-
210 650
-
health
971
-
1 489
-
accident

We are using the highest rate at 1.1%.

232
-
356
-
pensions

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

1 853
-
2 842
-
income
2 111
-
21 065
-
total
5 167
-
25 752
-
Employer
21 105
-
210 650
-
health
1 456
-
2 233
-
accident

We are using the highest rate at 1.1%.

232
-
356
-
pensions

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

2 326
-
3 566
-
unemployment
127
-
194
-
total
4 141
-
6 349
-
Corporate
191 754
217 000
-
-
income
19 176
21 700
-
-
total
19 176
21 700
-
-
Dividends
172 578
195 300
-
-
withholding
8 629
9 765
-
-
total
8 629
9 765
-
-
Income
217 000
217 000
217 000
217 000
Total tax
37 113
31 465
32 101
41 191
After tax
179 887
185 535
184 899
175 809
Living cost
15 939
15 939
15 939
15 939
Free-cash
163 948
169 596
168 960
159 870

Estimated living cost  is ₽15939 per week

₽10542
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽912
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽380
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4105
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72844
₽75740
₽87889
₽97787
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 344
trade
-
-
-
24 943
surtax

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

-
-
-
4 016
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.

-
-
-
73 003
total
-
-
-
108 306
Employee

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

46 203
-
217 000
-
health

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

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

6 344
-
6 344
-
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.

210
-
4 016
-
income

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

3 799
-
73 003
-
total
10 353
-
83 363
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
170 797
217 000
-
-
trade
24 510
31 139
-
-
chamber of commerce
391
460
-
-
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.

1 410
1 790
-
-
income
25 620
32 551
-
-
total
51 931
65 940
-
-
Dividends
118 866
151 060
-
-
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.

1 614
2 058
-
-
withholding
29 363
37 412
-
-
total
30 977
39 470
-
-
Income
217 000
217 000
217 000
217 000
Total tax
93 261
105 410
83 363
108 306
After tax
123 739
111 590
133 637
108 694
Living cost
35 850
35 850
35 850
35 850
Free-cash
87 889
75 740
97 787
72 844

Estimated living cost  is ₽35850 per week

₽24730
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3857
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6742
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55209
₽99004
₽101053
₽55209
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
217 000
income
-
-
-
71 452
social contributions
-
-
-
37 443
total
-
-
-
108 895
Employee
72 636
-
217 000
-
social contributions
6 035
-
37 443
-
income
13 706
-
71 452
-
total
19 741
-
108 895
-
Employer
72 636
-
217 000
-
total
-
-
-
-
Corporate
144 364
217 000
-
-
income
18 046
27 125
-
-
total
18 046
27 125
-
-
Dividends
126 318
189 875
-
-
withholding
25 264
37 975
-
-
total
25 264
37 975
-
-
Income
217 000
217 000
217 000
217 000
Total tax
63 051
65 100
108 895
108 895
After tax
153 949
151 900
108 105
108 105
Living cost
52 896
52 896
52 896
52 896
Free-cash
101 053
99 004
55 209
55 209

Estimated living cost  is ₽52896 per week

₽40243
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4310
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽506
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7838
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽144959
₽102437
₽105681
₽117323
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
32 551
health

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

-
-
-
5 782
total
-
-
-
38 333
Employee
42 598
-
212 729
-
social contributions
4 268
-
4 271
-
income
4 622
-
57 427
-
total
8 890
-
61 698
-
Employer
42 598
-
212 729
-
social contributions
4 268
-
4 271
-
total
4 268
-
4 271
-
Corporate
170 134
217 000
-
-
income
59 547
75 949
-
-
total
59 547
75 949
-
-
Dividends
110 587
141 051
-
-
social contributions
4 906
4 906
-
-
total
4 906
4 906
-
-
Income
217 000
217 000
217 000
217 000
Total tax
77 611
80 855
65 969
38 333
After tax
139 389
136 145
151 031
178 667
Living cost
33 708
33 708
33 708
33 708
Free-cash
105 681
102 437
117 323
144 959

Estimated living cost  is ₽33708 per week

₽22203
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2657
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽516
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8330
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽105511
₽101883
₽107351
₽86171
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
9 396
income
-
-
-
67 786
total
-
-
-
77 182
Employee
47 092
-
189 060
-
health
614
-
2 531
-
pensions
3 594
-
11 159
-
income
8 576
-
54 892
-
total
12 784
-
68 582
-
Employer
47 092
-
189 060
-
health
895
-
3 592
-
pensions
4 758
-
24 348
-
total
5 653
-
27 940
-
Corporate
164 256
217 000
-
-
income

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

31 209
41 229
-
-
total
31 209
41 229
-
-
Dividends
133 046
175 771
-
-
withholding
25 696
39 581
-
-
total
25 696
39 581
-
-
Income
217 000
217 000
217 000
217 000
Total tax
75 342
80 810
96 522
77 182
After tax
141 658
136 190
120 478
139 818
Living cost
34 307
34 307
34 307
34 307
Free-cash
107 351
101 883
86 171
105 511

Estimated living cost  is ₽34307 per week

₽23535
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3155
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽429
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7186
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽125989
-₽4584
₽14179
₽97577
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
2 029
accident
-
-
-
235
other
-
-
-
345
pensions
-
-
-
3 871
income
-
-
-
62 370
total
-
-
-
68 850
Employee
34 860
-
198 570
-
health
3 991
-
22 736
-
pensions
3 925
-
7 097
-
income
4 782
-
48 999
-
total
12 698
-
78 832
-
Employer
34 860
-
198 570
-
accident
582
-
3 316
-
pensions
5 668
-
10 249
-
unemployment
854
-
4 865
-
total
7 104
-
18 430
-
Corporate
175 036
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.

157 532
195 300
-
-
total
157 532
195 300
-
-
Dividends
17 504
21 700
-
-
withholding
3 326
4 123
-
-
total
3 326
4 123
-
-
Income
217 000
217 000
217 000
217 000
Total tax
180 660
199 423
97 262
68 850
After tax
36 340
17 577
119 738
148 150
Living cost
22 161
22 161
22 161
22 161
Free-cash
14 179
-4 584
97 577
125 989

Estimated living cost  is ₽22161 per week

₽16264
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1291
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽446
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4159
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽127102
₽153479
₽150674
₽147493
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health insurance
-
-
-
10 974
work injury
-
-
-
741
pensions
-
-
-
27 287
unemployment
-
-
-
1 780
income
-
-
-
36 590
total
-
-
-
77 372
Employee

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

20 041
-
217 000
-
pensions
3 688
-
13 643
-
work injury
100
-
371
-
unemployment
240
-
890
-
health insurance
1 483
-
5 487
-
income
2 004
-
36 590
-
total
7 515
-
56 981
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
196 959
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%.

19 696
21 700
-
-
total
19 696
21 700
-
-
Dividends
177 263
195 300
-
-
withholding
26 589
29 295
-
-
total
26 589
29 295
-
-
Income
217 000
217 000
217 000
217 000
Total tax
53 800
50 995
56 981
77 372
After tax
163 200
166 005
160 019
139 628
Living cost
12 526
12 526
12 526
12 526
Free-cash
150 674
153 479
147 493
127 102

Estimated living cost  is ₽12526 per week

₽7760
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽910
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽391
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3465
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65339
₽77306
₽73086
₽57711
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
5 368
municipal
-
-
-
1 535
social contributions
-
-
-
46 475
national
-
-
-
61 290
total
-
-
-
114 668
Employee
78 248
-
217 000
-
regional
1 181
-
4 887
-
national
13 223
-
55 075
-
social contributions
26 385
-
60 930
-
municipal
467
-
1 404
-
total
41 256
-
122 296
-
Employer
78 248
-
217 000
-
total
-
-
-
-
Corporate
138 752
217 000
-
-
nationa
33 300
52 081
-
-
municipal
6 687
10 460
-
-
total
39 987
62 541
-
-
Dividends
98 765
154 459
-
-
withholding
25 678
40 160
-
-
total
25 678
40 160
-
-
Income
217 000
217 000
217 000
217 000
Total tax
106 921
102 701
122 296
114 668
After tax
110 079
114 299
94 704
102 332
Living cost
36 993
36 993
36 993
36 993
Free-cash
73 086
77 306
57 711
65 339

Estimated living cost  is ₽36993 per week

₽25985
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2545
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7903
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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