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
₽81081
₽105429
₽78089
₽91410
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
217 000
income

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

-
-
-
72 903
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.

-
-
-
4 010
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.

-
-
-
6 378
trade
-
-
-
27 340
total
-
-
-
110 631
Employee

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

35 710
-
217 000
-
surtax

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

55
-
4 010
-
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.

998
-
72 903
-
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.

6 378
-
6 378
-
total
7 431
-
83 291
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
181 290
217 000
-
-
income
27 193
32 549
-
-
surtax

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

1 495
1 789
-
-
chamber of commerce
402
454
-
-
trade
28 552
34 178
-
-
total
57 642
68 970
-
-
Dividends
123 647
148 030
-
-
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.

1 681
2 016
-
-
withholding
30 556
36 653
-
-
total
32 237
38 669
-
-
Income
217 000
217 000
217 000
217 000
Total tax
97 310
107 639
83 291
110 631
After tax
119 690
109 361
133 709
106 369
Living cost
28 280
28 280
28 280
28 280
Free-cash
91 410
81 081
105 429
78 089

Estimated living cost  is ₽28280 per week

₽17789
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3297
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6665
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85602
₽75267
₽74102
₽84774
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
217 000
social contributions
-
-
-
2 333
municipal
-
-
-
24 083
national
-
-
-
40 636
pensions
-
-
-
26 040
total
-
-
-
93 092
Employee
77 208
-
187 595
-
municipal
9 536
-
24 923
-
pensions
3 088
-
7 504
-
national
14 778
-
42 475
-
total
27 402
-
74 902
-
Employer
77 208
-
187 595
-
pensions
6 177
-
15 008
-
social contributions
830
-
2 017
-
total
7 007
-
17 025
-
Corporate
127 689
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%.

25 538
43 400
-
-
total
25 538
43 400
-
-
Dividends
102 151
173 600
-
-
withholding
22 473
38 192
-
-
total
22 473
38 192
-
-
Income
217 000
217 000
217 000
217 000
Total tax
82 420
81 592
91 927
93 092
After tax
134 580
135 408
125 073
123 908
Living cost
49 806
49 806
49 806
49 806
Free-cash
84 774
85 602
75 267
74 102

Estimated living cost  is ₽49806 per week

₽33853
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4630
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽745
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10578
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽154176
₽75289
₽59973
₽146517
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
217 000
income
-
-
-
46 497
surtax
-
-
-
55 334
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.

-
-
-
35 772
microenterprise
-
-
-
-
total
-
-
-
137 603
Employee
27 282
-
171 347
-
surtax
-
-
24 846
-
social contributions

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

3 001
-
12 239
-
income
4 856
-
39 549
-
total
7 857
-
76 634
-
Employer
27 282
-
171 347
-
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.

6 572
-
26 805
-
surtax
-
-
18 848
-
total
6 572
-
45 653
-
Corporate
183 147
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%.

36 630
43 400
-
-
total
36 630
43 400
-
-
Dividends

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

146 517
173 600
-
-
total
-
-
-
-
Income
217 000
217 000
217 000
217 000
Total tax
51 059
43 400
122 287
137 603
After tax
165 941
173 600
94 713
79 397
Living cost
19 424
19 424
19 424
19 424
Free-cash
146 517
154 176
75 289
59 973

Estimated living cost  is ₽19424 per week

₽12392
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1850
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.
₽4741
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69107
₽99656
₽77034
₽63386
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
217 000
income
-
-
-
78 402
health
-
-
-
11 513
pensions
-
-
-
10 939
total
-
-
-
100 854
Employee
79 730
79 730
199 649
-
pensions
14 351
10 939
10 939
-
income

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

13 051
13 051
38 428
-
health
12 238
10 409
11 513
-
total
39 640
34 399
60 880
-
Employer
79 730
79 730
199 649
-
health
5 542
5 542
6 887
-
pensions
5 549
5 549
6 898
-
unemployment
2 870
2 870
3 567
-
total
13 961
13 961
17 352
-
Corporate
124 286
123 308
-
-
income
24 858
24 661
-
-
total
24 858
24 661
-
-
Dividends
99 428
98 647
-
-
income
21 128
20 962
-
-
withholding
14 915
14 798
-
-
total
36 043
35 760
-
-
Income
217 000
217 000
217 000
217 000
Total tax
114 502
108 781
78 232
100 854
After tax
102 498
108 219
138 768
116 146
Living cost
39 112
39 112
39 112
39 112
Free-cash
63 386
69 107
99 656
77 034

Estimated living cost  is ₽39112 per week

₽27718
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3526
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽622
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7247
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80784
₽69696
₽70610
₽79938
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
165
other
-
-
-
9 601
unemployment
-
-
-
83
health
-
-
-
5 155
municipal
-
-
-
57 572
national
-
-
-
27 185
pensions
-
-
-
8 931
total
-
-
-
108 692
Employee
53 717
-
191 040
-
municipal
16 018
-
56 968
-
national
-
-
26 679
-
total
16 018
-
83 647
-
Employer
53 717
-
191 040
-
health
3 304
-
5 081
-
pensions
5 807
-
8 931
-
accident
107
-
165
-
unemployment
1 418
-
2 181
-
other
6 242
-
9 601
-
total
16 878
-
25 959
-
Corporate
146 406
217 000
-
-
income
32 209
47 740
-
-
total
32 209
47 740
-
-
Dividends
114 196
169 260
-
-
withholding
34 259
50 778
-
-
total
34 259
50 778
-
-
Income
217 000
217 000
217 000
217 000
Total tax
99 364
98 518
109 606
108 692
After tax
117 636
118 482
107 394
108 308
Living cost
37 698
37 698
37 698
37 698
Free-cash
79 938
80 784
69 696
70 610

Estimated living cost  is ₽37698 per week

₽24985
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3699
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽572
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8442
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71569
₽97031
₽68475
₽84685
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
217 000
income

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

-
-
-
72 903
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.

-
-
-
4 010
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.

-
-
-
6 378
trade
-
-
-
28 556
total
-
-
-
111 847
Employee

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

47 347
-
217 000
-
surtax

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

223
-
4 010
-
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.

4 068
-
72 903
-
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.

6 378
-
6 378
-
total
10 669
-
83 291
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
169 653
217 000
-
-
income
25 448
32 549
-
-
surtax

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

1 400
1 789
-
-
chamber of commerce
383
450
-
-
trade
27 907
35 696
-
-
total
55 138
70 484
-
-
Dividends
114 515
146 515
-
-
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.

1 556
1 995
-
-
withholding
28 274
36 274
-
-
total
29 830
38 269
-
-
Income
217 000
217 000
217 000
217 000
Total tax
95 637
108 753
83 291
111 847
After tax
121 363
108 247
133 709
105 153
Living cost
36 678
36 678
36 678
36 678
Free-cash
84 685
71 569
97 031
68 475

Estimated living cost  is ₽36678 per week

₽24530
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3868
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7732
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽127851
₽113639
₽115407
₽123976
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
217 000
income
-
-
-
50 671
social contributions
-
-
-
15 106
health
-
-
-
5 533
total
-
-
-
71 310
Employee
71 793
71 793
205 168
-
social contributions
3 489
5 958
8 037
-
income
7 539
6 646
49 720
-
health
714
1 221
3 489
-
total
11 742
13 825
61 246
-
Employer
71 793
71 793
205 168
-
health
778
1 329
3 795
-
social contributions
3 489
5 958
8 037
-
total
4 267
7 287
11 832
-
Corporate
170 709
137 919
-
-
income
21 339
17 239
-
-
total
21 339
17 239
-
-
Dividends
149 370
120 680
-
-
withholding
25 393
20 515
-
-
total
25 393
20 515
-
-
Income
217 000
217 000
217 000
217 000
Total tax
62 741
58 866
73 078
71 310
After tax
154 259
158 134
143 922
145 690
Living cost
30 283
30 283
30 283
30 283
Free-cash
123 976
127 851
113 639
115 407

Estimated living cost  is ₽30283 per week

₽20701
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2365
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽509
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6708
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽105062
₽109074
₽133604
₽105409
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

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

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

The minimum wage is 138,000 HUF per month.

24 139
9 607
181 590
-
unemployment
362
144
2 724
-
pensions
2 414
961
18 159
-
income
2 951
1 174
22 199
-
health
1 690
672
12 711
-
total
7 417
2 951
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.

24 139
9 607
181 590
-
pensions
4 707
1 873
35 410
-
total
4 707
1 873
35 410
-
Corporate
188 153
205 519
-
-
income
16 934
18 497
-
-
total
16 934
18 497
-
-
Dividends
171 220
187 023
-
-
social contributions
33 278
36 360
-
-
withholding
32 532
35 534
-
-
total
65 810
71 894
-
-
Income
217 000
217 000
217 000
217 000
Total tax
94 868
95 215
91 203
66 673
After tax
122 132
121 785
125 797
150 327
Living cost
16 723
16 723
16 723
16 723
Free-cash
105 409
105 062
109 074
133 604

Estimated living cost  is ₽16723 per week

₽11412
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1368
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽334
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3609
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽151049
₽102524
₽93761
₽145247
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
217 000
income
-
-
-
29 078
health
-
-
-
28 210
pensions
-
-
-
43 400
total
-
-
-
100 688
Employee
26 486
-
162 183
-
unemployment
423
-
2 596
-
pensions
530
-
3 244
-
income
2 982
-
31 268
-
total
3 935
-
37 108
-
Employer
26 486
-
162 183
-
health
3 443
-
21 084
-
pensions
5 298
-
32 436
-
unemployment
213
-
1 297
-
total
8 954
-
54 817
-
Corporate
181 561
217 000
-
-
income
36 313
43 400
-
-
total
36 313
43 400
-
-
Dividends
145 248
173 600
-
-
total
-
-
-
-
Income
217 000
217 000
217 000
217 000
Total tax
49 202
43 400
91 925
100 688
After tax
167 798
173 600
125 075
116 312
Living cost
22 551
22 551
22 551
22 551
Free-cash
145 247
151 049
102 524
93 761

Estimated living cost  is ₽22551 per week

₽15468
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1343
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽454
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5287
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3263
₽98792
₽127322
₽14380
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
217 000
accident
-
-
-
239
income
-
-
-
62 241
other
-
-
-
351
health
-
-
-
2 066
pensions
-
-
-
3 941
total
-
-
-
68 838
Employee
32 783
-
198 390
-
pensions
3 691
-
7 227
-
income
4 498
-
48 815
-
health
3 754
-
22 716
-
total
11 943
-
78 758
-
Employer
32 783
-
198 390
-
pensions
5 331
-
10 436
-
accident
547
-
3 313
-
unemployment
803
-
4 861
-
total
6 681
-
18 610
-
Corporate
177 536
217 000
-
-
income

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

159 783
195 300
-
-
total
159 783
195 300
-
-
Dividends
17 753
21 700
-
-
withholding
3 373
4 123
-
-
total
3 373
4 123
-
-
Income
217 000
217 000
217 000
217 000
Total tax
181 780
199 423
97 368
68 838
After tax
35 220
17 577
119 632
148 162
Living cost
20 840
20 840
20 840
20 840
Free-cash
14 380
-3 263
98 792
127 322

Estimated living cost  is ₽20840 per week

₽15274
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1155
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽435
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3977
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽198627
₽166077
₽207307
₽197216
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 404
-
217 000
-
income
1 881
-
43 400
-
total
1 881
-
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%.

207 596
217 000
-
-
total
-
-
-
-
Dividends
207 596
217 000
-
-
withholding
10 380
10 850
-
-
total
10 380
10 850
-
-
Income
217 000
217 000
217 000
217 000
Total tax
12 261
10 850
43 400
2 170
After tax
204 739
206 150
173 600
214 830
Living cost
7 523
7 523
7 523
7 523
Free-cash
197 216
198 627
166 077
207 307

Estimated living cost  is ₽7523 per week

₽4662
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽625
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽207
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2029
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽134552
₽104746
₽106524
₽128248
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
217 000
income
-
-
-
38 533
other
-
-
-
6 743
health
-
-
-
6 247
pensions

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

-
-
-
34 075
total
-
-
-
85 598
Employee
33 900
-
180 911
-
unemployment
338
-
1 419
-
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.

2 372
-
9 938
-
income
5 836
-
37 941
-
health
475
-
1 988
-
total
9 021
-
51 286
-
Employer
33 900
-
180 911
-
health
475
-
1 988
-
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.

5 764
-
24 137
-
accident
271
-
1 448
-
unemployment
338
-
1 419
-
other
1 696
-
7 098
-
total
8 544
-
36 090
-
Corporate
174 557
217 000
-
-
income
36 656
45 570
-
-
total
36 656
45 570
-
-
Dividends
137 900
171 430
-
-
withholding
9 653
12 000
-
-
total
9 653
12 000
-
-
Income
217 000
217 000
217 000
217 000
Total tax
63 874
57 570
87 376
85 598
After tax
153 126
159 430
129 624
131 402
Living cost
24 878
24 878
24 878
24 878
Free-cash
128 248
134 552
104 746
106 524

Estimated living cost  is ₽24878 per week

₽17578
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1680
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.
₽5220
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73741
₽57932
₽77287
₽81292
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
217 000
income
-
-
-
67 522
pensions
-
-
-
9 474
total
-
-
-
76 996
Employee
88 735
-
189 082
-
pensions
8 561
-
11 273
-
income
15 995
-
54 618
-
health
1 462
-
2 541
-
total
26 018
-
68 432
-
Employer
88 735
-
189 082
-
health
1 685
-
3 594
-
pensions
10 477
-
24 325
-
total
12 162
-
27 919
-
Corporate
116 103
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.

22 059
41 231
-
-
total
22 059
41 231
-
-
Dividends
94 044
175 769
-
-
withholding
12 752
39 311
-
-
total
12 752
39 311
-
-
Income
217 000
217 000
217 000
217 000
Total tax
72 991
80 542
96 351
76 996
After tax
144 009
136 458
120 649
140 004
Living cost
62 717
62 717
62 717
62 717
Free-cash
81 292
73 741
57 932
77 287

Estimated living cost  is ₽62717 per week

₽46995
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7369
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽510
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7844
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽173291
₽172571
₽163497
₽168953
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
217 000
income
-
-
-
32 550
unemployment
-
-
-
130
health
-
-
-
3 751
pensions

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

-
-
-
4 828
total
-
-
-
41 259
Employee
16 213
-
210 600
-
accident

We are using the highest rate at 1.1%.

179
-
359
-
pensions

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

1 423
-
2 864
-
income
1 621
-
21 060
-
health
746
-
1 501
-
total
3 969
-
25 784
-
Employer
16 213
-
210 600
-
health
1 119
-
2 251
-
pensions

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

1 787
-
3 595
-
accident

We are using the highest rate at 1.1%.

179
-
359
-
unemployment
97
-
196
-
total
3 182
-
6 401
-
Corporate
197 606
217 000
-
-
income
19 760
21 700
-
-
total
19 760
21 700
-
-
Dividends
177 846
195 300
-
-
withholding
8 892
9 765
-
-
total
8 892
9 765
-
-
Income
217 000
217 000
217 000
217 000
Total tax
35 803
31 465
32 185
41 259
After tax
181 197
185 535
184 815
175 741
Living cost
12 244
12 244
12 244
12 244
Free-cash
168 953
173 291
172 571
163 497

Estimated living cost  is ₽12244 per week

₽7148
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽874
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽324
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3897
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56447
₽86996
₽64374
₽58795
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
217 000
income
-
-
-
78 402
health
-
-
-
11 513
pensions
-
-
-
10 939
total
-
-
-
100 854
Employee
86 561
79 730
199 649
-
pensions
10 939
10 939
10 939
-
income

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

13 051
13 051
38 428
-
health
10 799
10 409
11 513
-
total
34 789
34 399
60 880
-
Employer
86 561
79 730
199 649
-
health
6 015
5 542
6 887
-
pensions
6 024
5 549
6 898
-
unemployment
3 117
2 870
3 567
-
total
15 156
13 961
17 352
-
Corporate
115 283
123 308
-
-
income
23 056
24 661
-
-
total
23 056
24 661
-
-
Dividends
92 227
98 647
-
-
income
19 598
20 962
-
-
withholding
13 834
14 798
-
-
total
33 432
35 760
-
-
Income
217 000
217 000
217 000
217 000
Total tax
106 433
108 781
78 232
100 854
After tax
110 567
108 219
138 768
116 146
Living cost
51 772
51 772
51 772
51 772
Free-cash
58 795
56 447
86 996
64 374

Estimated living cost  is ₽51772 per week

₽38191
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4624
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽594
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8365
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽126589
₽96277
₽105858
₽118450
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
217 000
income
-
-
-
23 231
social contributions
-
-
-
32 830
solidarity contribution
-
-
-
2 971
health
-
-
-
29 295
total
-
-
-
88 327
Employee
33 551
-
173 296
-
solidarity contribution
-
-
2 111
-
social contributions
2 181
-
7 308
-
income
4 026
-
21 389
-
health
4 529
-
23 395
-
total
10 736
-
54 203
-
Employer
33 551
-
173 296
-
health
3 020
-
15 597
-
social contributions
8 388
-
28 108
-
total
11 408
-
43 705
-
Corporate
172 041
217 000
-
-
income
32 688
41 230
-
-
total
32 688
41 230
-
-
Dividends
139 353
175 770
-
-
withholding
20 903
26 366
-
-
total
20 903
26 366
-
-
Income
217 000
217 000
217 000
217 000
Total tax
75 735
67 596
97 908
88 327
After tax
141 265
149 404
119 092
128 673
Living cost
22 815
22 815
22 815
22 815
Free-cash
118 450
126 589
96 277
105 858

Estimated living cost  is ₽22815 per week

₽15848
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1623
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.
₽4896
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76381
₽57705
₽65619
₽71507
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
217 000
social contributions
-
-
-
46 729
regional
-
-
-
2 777
municipal
-
-
-
1 362
national
-
-
-
61 116
total
-
-
-
111 984
Employee
82 977
-
217 000
-
municipal
439
-
1 246
-
national
14 378
-
54 865
-
regional
783
-
2 524
-
social contributions
27 980
-
61 263
-
total
43 580
-
119 898
-
Employer
82 977
-
217 000
-
total
-
-
-
-
Corporate
134 023
217 000
-
-
municipal
5 227
8 464
-
-
nationa
32 165
52 080
-
-
total
37 392
60 544
-
-
Dividends
96 631
156 457
-
-
withholding
25 124
40 678
-
-
total
25 124
40 678
-
-
Income
217 000
217 000
217 000
217 000
Total tax
106 096
101 222
119 898
111 984
After tax
110 904
115 778
97 102
105 016
Living cost
39 397
39 397
39 397
39 397
Free-cash
71 507
76 381
57 705
65 619

Estimated living cost  is ₽39397 per week

₽27463
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.
₽604
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8746
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽115889
₽75682
₽81389
₽112986
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
217 000
income
-
-
-
69 248
other
-
-
-
-
surtax
-
-
-
11 779
unemployment
-
-
-
213
health
-
-
-
8 846
pensions
-
-
-
24 922
total
-
-
-
115 008
Employee
30 875
-
190 771
-
other
-
-
-
-
unemployment
2 149
-
8 673
-
pensions
2 059
-
8 311
-
surtax
101
-
10 661
-
income
5 175
-
63 664
-
health
788
-
3 177
-
total
10 272
-
94 486
-
Employer
30 875
-
190 771
-
health
1 405
-
5 670
-
pensions
4 116
-
16 610
-
unemployment
978
-
3 949
-
other
-
-
-
-
total
6 499
-
26 229
-
Corporate
179 626
217 000
-
-
income
46 702
56 421
-
-
total
46 702
56 421
-
-
Dividends
132 923
160 579
-
-
withholding
19 938
24 087
-
-
total
19 938
24 087
-
-
Income
217 000
217 000
217 000
217 000
Total tax
83 411
80 508
120 715
115 008
After tax
133 589
136 492
96 285
101 992
Living cost
20 603
20 603
20 603
20 603
Free-cash
112 986
115 889
75 682
81 389

Estimated living cost  is ₽20603 per week

₽12597
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1901
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5629
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93611
₽77802
₽97157
₽99808
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
217 000
income
-
-
-
67 522
pensions
-
-
-
9 474
total
-
-
-
76 996
Employee
59 468
-
189 082
-
pensions
5 047
-
11 273
-
income
10 710
-
54 618
-
health
863
-
2 541
-
total
16 620
-
68 432
-
Employer
59 468
-
189 082
-
health
1 130
-
3 594
-
pensions
6 437
-
24 325
-
total
7 567
-
27 919
-
Corporate
149 965
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.

28 492
41 231
-
-
total
28 492
41 231
-
-
Dividends
121 473
175 769
-
-
withholding
21 666
39 311
-
-
total
21 666
39 311
-
-
Income
217 000
217 000
217 000
217 000
Total tax
74 345
80 542
96 351
76 996
After tax
142 655
136 458
120 649
140 004
Living cost
42 847
42 847
42 847
42 847
Free-cash
99 808
93 611
77 802
97 157

Estimated living cost  is ₽42847 per week

₽32100
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3211
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.
₽7086
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽25401
₽90398
₽98300
₽56991
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
217 000
other

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

-
-
-
4 340
regional
-
-
-
12 172
health
-
-
-
487
city
-
-
-
2 287
national
-
-
-
5 622
pensions
-
-
-
19 963
total
-
-
-
44 871
Employee
86 398
-
195 321
-
unemployment
-
-
-
-
pensions
7 259
-
15 185
-
national
409
-
4 653
-
regional
2 829
-
10 852
-
city
927
-
2 112
-
health
195
-
440
-
total
11 619
-
33 242
-
Employer
86 398
-
195 321
-
health
195
-
440
-
pensions
7 259
-
15 185
-
unemployment
-
-
-
-
other

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

1 727
-
3 906
-
total
9 181
-
19 531
-
Corporate
120 470
217 000
-
-
regional
25 479
45 895
-
-
national
10 239
18 444
-
-
total
35 718
64 339
-
-
Dividends
84 752
152 660
-
-
withholding
29 662
53 431
-
-
total
29 662
53 431
-
-
Income
217 000
217 000
217 000
217 000
Total tax
86 180
117 770
52 773
44 871
After tax
130 820
99 230
164 227
172 129
Living cost
73 829
73 829
73 829
73 829
Free-cash
56 991
25 401
90 398
98 300

Estimated living cost  is ₽73829 per week

₽48010
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6625
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽906
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18287
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽64361
₽90938
₽61167
₽79498
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
217 000
income

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

-
-
-
72 903
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.

-
-
-
4 010
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.

-
-
-
6 378
trade
-
-
-
29 771
total
-
-
-
113 062
Employee

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

56 111
-
217 000
-
surtax

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

363
-
4 010
-
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.

6 598
-
72 903
-
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.

6 378
-
6 378
-
total
13 339
-
83 291
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
160 889
217 000
-
-
income
24 133
32 549
-
-
surtax

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

1 327
1 789
-
-
chamber of commerce
369
446
-
-
trade
27 592
37 216
-
-
total
53 421
72 000
-
-
Dividends
107 468
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.

1 458
1 974
-
-
withholding
26 513
35 894
-
-
total
27 971
37 868
-
-
Income
217 000
217 000
217 000
217 000
Total tax
94 731
109 868
83 291
113 062
After tax
122 269
107 132
133 709
103 938
Living cost
42 771
42 771
42 771
42 771
Free-cash
79 498
64 361
90 938
61 167

Estimated living cost  is ₽42771 per week

₽31238
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3421
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7557
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77425
₽79399
₽86199
₽82942
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
217 000
income
-
-
-
41 447
other
-
-
-
6 727
surtax
-
-
-
-
social contributions
-
-
-
6 184
health
-
-
-
10 815
pensions
-
-
-
33 685
total
-
-
-
98 858
Employee
39 959
-
165 216
-
pensions
4 518
-
12 619
-
surtax
-
-
-
-
social contributions
1 139
-
4 708
-
income
2 358
-
36 546
-
total
8 015
-
53 873
-
Employer
39 959
-
165 216
-
health
2 798
-
16 626
-
pensions
6 564
-
21 044
-
unemployment
1 618
-
6 692
-
social contributions
120
-
496
-
other
1 378
-
6 927
-
total
12 478
-
51 785
-
Corporate
164 562
217 000
-
-
income
46 077
60 760
-
-
surtax
-
-
-
-
total
46 077
60 760
-
-
Dividends
118 486
156 240
-
-
surtax
-
-
-
-
social contributions
20 379
26 874
-
-
withholding
15 166
19 998
-
-
total
35 545
46 872
-
-
Income
217 000
217 000
217 000
217 000
Total tax
102 115
107 632
105 658
98 858
After tax
114 885
109 368
111 342
118 142
Living cost
31 943
31 943
31 943
31 943
Free-cash
82 942
77 425
79 399
86 199

Estimated living cost  is ₽31943 per week

₽20142
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2597
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽544
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8662
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80590
₽82564
₽89364
₽85777
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
217 000
income
-
-
-
41 447
other
-
-
-
6 727
surtax
-
-
-
-
social contributions
-
-
-
6 184
health
-
-
-
10 815
pensions
-
-
-
33 685
total
-
-
-
98 858
Employee
35 669
-
165 216
-
pensions
4 034
-
12 619
-
surtax
-
-
-
-
social contributions
1 017
-
4 708
-
income
1 839
-
36 546
-
total
6 890
-
53 873
-
Employer
35 669
-
165 216
-
health
2 496
-
16 626
-
pensions
5 861
-
21 044
-
unemployment
1 444
-
6 692
-
social contributions
106
-
496
-
other
1 231
-
6 927
-
total
11 138
-
51 785
-
Corporate
170 192
217 000
-
-
income
47 654
60 760
-
-
surtax
-
-
-
-
total
47 654
60 760
-
-
Dividends
122 538
156 240
-
-
surtax
-
-
-
-
social contributions
21 077
26 874
-
-
withholding
15 686
19 998
-
-
total
36 763
46 872
-
-
Income
217 000
217 000
217 000
217 000
Total tax
102 445
107 632
105 658
98 858
After tax
114 555
109 368
111 342
118 142
Living cost
28 778
28 778
28 778
28 778
Free-cash
85 777
80 590
82 564
89 364

Estimated living cost  is ₽28778 per week

₽16690
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2923
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽546
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8620
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽112591
₽113540
₽119559
₽113077
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
217 000
income
-
-
-
32 549
social contributions
-
-
-
29 947
health
-
-
-
15 147
total
-
-
-
77 643
Employee
31 656
-
217 000
-
social contributions
4 369
-
29 947
-
income
5 280
-
38 568
-
health
2 209
-
15 147
-
total
11 858
-
83 662
-
Employer
31 656
-
217 000
-
total
-
-
-
-
Corporate
185 344
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%.

9 266
10 850
-
-
total
9 266
10 850
-
-
Dividends
176 077
206 150
-
-
social contributions
24 298
28 449
-
-
withholding
26 412
30 923
-
-
health
12 291
14 389
-
-
total
63 001
73 761
-
-
Income
217 000
217 000
217 000
217 000
Total tax
84 125
84 611
83 662
77 643
After tax
132 875
132 389
133 338
139 357
Living cost
19 798
19 798
19 798
19 798
Free-cash
113 077
112 591
113 540
119 559

Estimated living cost  is ₽19798 per week

₽13249
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1221
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4871
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86669
₽23901
₽78156
₽85221
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
217 000
income
-
-
-
70 646
surtax
-
-
-
184
unemployment
-
-
-
5 726
chamber of commerce
-
-
-
868
health
-
-
-
8 343
pensions
-
-
-
20 179
total
-
-
-
105 946
Employee
46 660
37 207
180 230
-
other
466
372
1 091
-
unemployment
1 400
1 116
3 272
-
pensions
4 778
3 809
11 169
-
income
5 312
2 744
59 509
-
health
1 805
1 440
4 220
-
total
13 761
9 481
79 261
-
Employer
46 660
37 207
180 230
-
chamber of commerce
186
149
721
-
health
1 763
1 407
4 123
-
pensions
5 856
4 670
13 689
-
accident
606
484
1 417
-
unemployment
1 400
1 116
3 272
-
surtax
184
184
184
-
payroll
1 400
1 116
5 407
-
other
2 216
1 766
7 955
-
total
13 611
10 892
36 768
-
Corporate
156 729
168 900
176 687
-
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.

39 183
42 225
44 172
-
total
39 183
42 225
44 172
-
Dividends
117 547
126 675
-
-
withholding
32 326
34 835
-
-
total
32 326
34 835
-
-
Income
217 000
217 000
217 000
217 000
Total tax
98 881
97 433
160 201
105 946
After tax
118 119
119 567
56 799
111 054
Living cost
32 898
32 898
32 898
32 898
Free-cash
85 221
86 669
23 901
78 156

Estimated living cost  is ₽32898 per week

₽21942
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2806
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7610
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84653
₽39422
₽60376
₽73208
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
217 000
communal

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

-
-
-
11 623
social contributions
-
-
-
23 277
national
-
-
-
87 682
total
-
-
-
122 582
Employee

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

66 785
-
168 071
-
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.

581
-
1 462
-
communal

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

3 483
-
8 767
-
pensions

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

5 009
-
12 604
-
national
20 532
-
63 873
-
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.

3 138
-
7 900
-
total
32 743
-
94 606
-
Employer

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

66 785
-
168 071
-
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.

4 107
-
10 337
-
pensions

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

5 918
-
14 892
-
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.

868
-
2 186
-
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.

974
-
2 454
-
surtax
7 573
-
19 061
-
total
19 440
-
48 930
-
Corporate
130 775
217 000
-
-
income
26 155
46 984
-
-
surtax
523
939
-
-
total
26 678
47 923
-
-
Dividends
104 098
169 077
-
-
withholding

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

30 889
50 382
-
-
total
30 889
50 382
-
-
Income
217 000
217 000
217 000
217 000
Total tax
109 750
98 305
143 536
122 582
After tax
107 250
118 695
73 464
94 418
Living cost
34 042
34 042
34 042
34 042
Free-cash
73 208
84 653
39 422
60 376

Estimated living cost  is ₽34042 per week

₽21928
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2977
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽533
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8606
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽110294
₽83557
₽87473
₽103896
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
780
income
-
-
-
69 846
other
-
-
-
87
unemployment
-
-
-
606
pensions
-
-
-
24 490
total
-
-
-
95 809
Employee
46 475
-
189 412
-
other
46
-
87
-
unemployment
721
-
1 341
-
pensions
2 185
-
4 068
-
income
9 806
-
66 641
-
total
12 758
-
72 137
-
Employer
46 475
-
189 412
-
pensions
10 967
-
20 423
-
accident
920
-
1 713
-
unemployment
2 557
-
4 759
-
other
370
-
693
-
total
14 814
-
27 588
-
Corporate
155 711
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.

23 357
32 549
-
-
total
23 357
32 549
-
-
Dividends
132 354
184 451
-
-
withholding
28 457
40 439
-
-
total
28 457
40 439
-
-
Income
217 000
217 000
217 000
217 000
Total tax
79 386
72 988
99 725
95 809
After tax
137 614
144 012
117 275
121 191
Living cost
33 718
33 718
33 718
33 718
Free-cash
103 896
110 294
83 557
87 473

Estimated living cost  is ₽33718 per week

₽24830
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2392
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.
₽6010
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71542
₽59314
₽50665
₽58698
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
217 000
communal
-
-
-
13 714
accident
-
-
-
1 830
income
-
-
-
41 523
surtax
-
-
-
10 758
health
-
-
-
15 246
pensions
-
-
-
32 526
total
-
-
-
115 597
Employee
70 705
-
193 836
-
pensions
5 656
-
15 507
-
surtax
4 334
-
11 880
-
income
6 829
-
47 770
-
health
3 147
-
8 627
-
total
19 966
-
83 784
-
Employer
70 705
-
193 836
-
health
2 156
-
5 912
-
pensions
5 656
-
15 507
-
accident
636
-
1 745
-
total
8 448
-
23 164
-
Corporate
137 847
217 000
-
-
communal
9 305
14 647
-
-
income
20 677
32 549
-
-
surtax
1 448
2 279
-
-
total
31 430
49 475
-
-
Dividends
106 418
167 525
-
-
income
31 758
20 116
-
-
withholding
15 962
25 129
-
-
total
47 720
45 245
-
-
Income
217 000
217 000
217 000
217 000
Total tax
107 564
94 720
106 948
115 597
After tax
109 436
122 280
110 052
101 403
Living cost
50 738
50 738
50 738
50 738
Free-cash
58 698
71 542
59 314
50 665

Estimated living cost  is ₽50738 per week

₽38061
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3074
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.
₽9064
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽115521
₽75314
₽81021
₽112552
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
217 000
income
-
-
-
69 248
other
-
-
-
-
surtax
-
-
-
11 779
unemployment
-
-
-
213
health
-
-
-
8 846
pensions
-
-
-
24 922
total
-
-
-
115 008
Employee
31 442
-
190 771
-
other
-
-
-
-
unemployment
2 188
-
8 673
-
pensions
2 098
-
8 311
-
surtax
112
-
10 661
-
income
5 271
-
63 664
-
health
803
-
3 177
-
total
10 472
-
94 486
-
Employer
31 442
-
190 771
-
health
1 430
-
5 670
-
pensions
4 192
-
16 610
-
unemployment
998
-
3 949
-
other
-
-
-
-
total
6 620
-
26 229
-
Corporate
178 939
217 000
-
-
income
46 523
56 421
-
-
total
46 523
56 421
-
-
Dividends
132 415
160 579
-
-
withholding
19 862
24 087
-
-
total
19 862
24 087
-
-
Income
217 000
217 000
217 000
217 000
Total tax
83 477
80 508
120 715
115 008
After tax
133 523
136 492
96 285
101 992
Living cost
20 971
20 971
20 971
20 971
Free-cash
112 552
115 521
75 314
81 021

Estimated living cost  is ₽20971 per week

₽12661
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1823
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.
₽6001
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88908
₽71313
₽79186
₽86837
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
217 000
social contributions
-
-
-
46 729
regional
-
-
-
3 456
municipal
-
-
-
1 362
national
-
-
-
61 116
total
-
-
-
112 663
Employee
51 791
-
217 000
-
municipal
275
-
1 246
-
national
8 205
-
54 865
-
regional
697
-
3 162
-
social contributions
17 464
-
61 263
-
total
26 641
-
120 536
-
Employer
51 791
-
217 000
-
total
-
-
-
-
Corporate
165 209
217 000
-
-
municipal
8 210
10 785
-
-
nationa
39 651
52 080
-
-
total
47 861
62 865
-
-
Dividends
117 348
154 135
-
-
withholding
30 510
40 076
-
-
total
30 510
40 076
-
-
Income
217 000
217 000
217 000
217 000
Total tax
105 012
102 941
120 536
112 663
After tax
111 988
114 059
96 464
104 337
Living cost
25 151
25 151
25 151
25 151
Free-cash
86 837
88 908
71 313
79 186

Estimated living cost  is ₽25151 per week

₽15641
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2548
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽431
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6531
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Naples model

Close
Prague , Czech Republic
₽121290
₽90978
₽100559
₽111262
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
217 000
income
-
-
-
23 231
social contributions
-
-
-
32 830
solidarity contribution
-
-
-
2 971
health
-
-
-
29 295
total
-
-
-
88 327
Employee
41 344
-
173 296
-
solidarity contribution
-
-
2 111
-
social contributions
2 687
-
7 308
-
income
4 961
-
21 389
-
health
5 581
-
23 395
-
total
13 229
-
54 203
-
Employer
41 344
-
173 296
-
health
3 721
-
15 597
-
social contributions
10 336
-
28 108
-
total
14 057
-
43 705
-
Corporate
161 599
217 000
-
-
income
30 704
41 230
-
-
total
30 704
41 230
-
-
Dividends
130 895
175 770
-
-
withholding
19 634
26 366
-
-
total
19 634
26 366
-
-
Income
217 000
217 000
217 000
217 000
Total tax
77 624
67 596
97 908
88 327
After tax
139 376
149 404
119 092
128 673
Living cost
28 114
28 114
28 114
28 114
Free-cash
111 262
121 290
90 978
100 559

Estimated living cost  is ₽28114 per week

₽20907
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1557
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.
₽5163
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89879
₽27055
₽81451
₽89416
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
217 000
income
-
-
-
70 646
surtax
-
-
-
-
unemployment
-
-
-
5 726
chamber of commerce
-
-
-
868
health
-
-
-
8 343
pensions
-
-
-
20 179
total
-
-
-
105 762
Employee
40 813
37 207
180 402
-
other
408
372
1 091
-
unemployment
1 224
1 116
3 272
-
pensions
4 180
3 809
11 169
-
income
3 636
2 744
59 594
-
health
1 579
1 440
4 220
-
total
11 027
9 481
79 346
-
Employer
40 813
37 207
180 402
-
chamber of commerce
163
149
721
-
health
1 543
1 407
4 123
-
pensions
5 122
4 670
13 689
-
accident
530
484
1 417
-
unemployment
1 224
1 116
3 272
-
surtax
-
-
-
-
payroll
1 224
1 116
5 413
-
other
1 938
1 766
7 962
-
total
11 744
10 708
36 597
-
Corporate
164 442
169 084
176 859
-
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.

41 111
42 271
44 215
-
total
41 111
42 271
44 215
-
Dividends
123 332
126 813
-
-
withholding
33 915
34 874
-
-
total
33 915
34 874
-
-
Income
217 000
217 000
217 000
217 000
Total tax
97 797
97 334
160 158
105 762
After tax
119 203
119 666
56 842
111 238
Living cost
29 787
29 787
29 787
29 787
Free-cash
89 416
89 879
27 055
81 451

Estimated living cost  is ₽29787 per week

₽17868
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3042
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽532
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8345
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽194426
₽161876
₽203106
₽192228
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
14 655
-
217 000
-
income
2 931
-
43 400
-
total
2 931
-
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%.

202 345
217 000
-
-
total
-
-
-
-
Dividends
202 345
217 000
-
-
withholding
10 117
10 850
-
-
total
10 117
10 850
-
-
Income
217 000
217 000
217 000
217 000
Total tax
13 048
10 850
43 400
2 170
After tax
203 952
206 150
173 600
214 830
Living cost
11 724
11 724
11 724
11 724
Free-cash
192 228
194 426
161 876
203 106

Estimated living cost  is ₽11724 per week

₽7934
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽492
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽393
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2905
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽124362
₽70256
₽74968
₽116550
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

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

-
-
-
217 000
income
-
-
-
55 681
unemployment
-
-
-
326
health
-
-
-
21 353
pensions
-
-
-
39 629
total
-
-
-
116 989
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.

41 286
-
187 764
-
unemployment
58
-
262
-
pensions
6 400
-
29 103
-
income
7 120
-
50 970
-
health
2 667
-
12 130
-
total
16 245
-
92 465
-
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.

41 286
-
187 764
-
health
2 750
-
12 505
-
pensions
3 653
-
16 618
-
unemployment
25
-
113
-
total
6 428
-
29 236
-
Corporate
169 286
217 000
-
-
income
32 165
41 229
-
-
total
32 165
41 229
-
-
Dividends
137 121
175 771
-
-
withholding
20 569
26 366
-
-
total
20 569
26 366
-
-
Income
217 000
217 000
217 000
217 000
Total tax
75 407
67 595
121 701
116 989
After tax
141 593
149 405
95 299
100 011
Living cost
25 043
25 043
25 043
25 043
Free-cash
116 550
124 362
70 256
74 968

Estimated living cost  is ₽25043 per week

₽17186
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1605
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.
₽5767
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92138
₽164955
₽110079
₽48168
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
217 000
income
-
-
-
42 298
social contributions
-
-
-
24 738
total
-
-
-
67 036
Employee
57 190
-
-
-
social contributions
4 690
-
668
-
income
12 615
-
-
-
total
17 305
-
668
-
Employer
57 190
-
-
-
social contributions
80 638
-
11 492
-
total
80 638
-
11 492
-
Corporate
79 172
217 000
-
-
income
17 418
47 740
-
-
total
17 418
47 740
-
-
Dividends
61 754
169 260
-
-
income
13 586
37 237
-
-
total
13 586
37 237
-
-
Income
217 000
217 000
217 000
217 000
Total tax
128 947
84 977
12 160
67 036
After tax
88 053
132 023
204 840
149 964
Living cost
39 885
39 885
39 885
39 885
Free-cash
48 168
92 138
164 955
110 079

Estimated living cost  is ₽39885 per week

₽25879
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3751
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9747
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94143
₽66350
₽83557
₽93203
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
217 000
income
-
-
-
28 750
surtax
-
-
-
-
social contributions

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

-
-
-
75 407
total
-
-
-
104 157
Employee
42 941
-
175 353
-
surtax
-
-
358
-
social contributions
4 724
-
19 289
-
income
8 932
-
60 071
-
total
13 656
-
79 718
-
Employer
42 941
-
175 353
-
social contributions
10 198
-
41 646
-
total
10 198
-
41 646
-
Corporate
163 861
217 000
-
-
income
34 412
45 570
-
-
surtax
-
-
-
-
total
34 412
45 570
-
-
Dividends
129 449
171 430
-
-
withholding
36 245
48 001
-
-
total
36 245
48 001
-
-
Income
217 000
217 000
217 000
217 000
Total tax
94 511
93 571
121 364
104 157
After tax
122 489
123 429
95 636
112 843
Living cost
29 286
29 286
29 286
29 286
Free-cash
93 203
94 143
66 350
83 557

Estimated living cost  is ₽29286 per week

₽21912
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5158
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64274
₽66248
₽73048
₽70691
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
217 000
income
-
-
-
41 447
other
-
-
-
6 727
surtax
-
-
-
-
social contributions
-
-
-
6 184
health
-
-
-
10 815
pensions
-
-
-
33 685
total
-
-
-
98 858
Employee
58 476
-
165 216
-
pensions
6 614
-
12 619
-
surtax
-
-
-
-
social contributions
1 665
-
4 708
-
income
5 102
-
36 546
-
total
13 381
-
53 873
-
Employer
58 476
-
165 216
-
health
4 093
-
16 626
-
pensions
9 608
-
21 044
-
unemployment
2 369
-
6 692
-
social contributions
175
-
496
-
other
2 018
-
6 927
-
total
18 263
-
51 785
-
Corporate
140 260
217 000
-
-
income
39 273
60 760
-
-
surtax
-
-
-
-
total
39 273
60 760
-
-
Dividends
100 987
156 240
-
-
surtax
-
-
-
-
social contributions
17 371
26 874
-
-
withholding
12 927
19 998
-
-
total
30 298
46 872
-
-
Income
217 000
217 000
217 000
217 000
Total tax
101 215
107 632
105 658
98 858
After tax
115 785
109 368
111 342
118 142
Living cost
45 094
45 094
45 094
45 094
Free-cash
70 691
64 274
66 248
73 048

Estimated living cost  is ₽45094 per week

₽30519
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3689
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽618
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10267
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽167234
₽135705
₽129938
₽164098
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 256
social contributions
-
-
-
47 741
total
-
-
-
58 997
Employee
30 016
-
187 879
-
income
-
-
11 898
-
social contributions
1 951
-
12 211
-
total
1 951
-
24 109
-
Employer
30 016
-
187 879
-
social contributions
4 653
-
29 121
-
total
4 653
-
29 121
-
Corporate
182 331
217 000
-
-
income
18 233
21 701
-
-
total
18 233
21 701
-
-
Dividends
164 098
195 299
-
-
total
-
-
-
-
Income
217 000
217 000
217 000
217 000
Total tax
24 837
21 701
53 230
58 997
After tax
192 163
195 299
163 770
158 003
Living cost
28 065
28 065
28 065
28 065
Free-cash
164 098
167 234
135 705
129 938

Estimated living cost  is ₽28065 per week

₽18147
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2116
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7275
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13567
₽13567
₽79980
₽7725
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
217 000
labour market
-
-
-
17 295
municipal
-
-
-
46 762
national
-
-
-
27 187
pensions
-
-
-
809
total
-
-
-
92 053
Employee
189 796
189 796
189 796
-
municipal
40 416
40 416
40 416
-
labour market
15 162
15 162
15 162
-
pensions
270
270
270
-
national
23 187
23 187
23 187
-
total
79 035
79 035
79 035
-
Employer
189 796
189 796
189 796
-
national
23 227
23 227
23 227
-
labour market
15 184
15 184
15 184
-
pensions
540
540
540
-
municipal
40 480
40 480
40 480
-
total
79 431
79 431
79 431
-
Corporate
13 566
-
-
-
income
2 985
-
-
-
total
2 985
-
-
-
Dividends
10 582
-
-
-
withholding
2 857
-
-
-
total
2 857
-
-
-
Income
217 000
217 000
217 000
217 000
Total tax
164 308
158 466
158 466
92 053
After tax
52 692
58 534
58 534
124 947
Living cost
44 967
44 967
44 967
44 967
Free-cash
7 725
13 567
13 567
79 980

Estimated living cost  is ₽44967 per week

₽30776
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3978
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽692
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9522
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2956
₽99099
₽127629
₽14428
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
217 000
accident
-
-
-
239
income
-
-
-
62 241
other
-
-
-
351
health
-
-
-
2 066
pensions
-
-
-
3 941
total
-
-
-
68 838
Employee
32 300
-
198 390
-
pensions
3 637
-
7 227
-
income
4 431
-
48 815
-
health
3 699
-
22 716
-
total
11 767
-
78 758
-
Employer
32 300
-
198 390
-
pensions
5 252
-
10 436
-
accident
539
-
3 313
-
unemployment
791
-
4 861
-
total
6 582
-
18 610
-
Corporate
178 118
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.

160 306
195 300
-
-
total
160 306
195 300
-
-
Dividends
17 812
21 700
-
-
withholding
3 384
4 123
-
-
total
3 384
4 123
-
-
Income
217 000
217 000
217 000
217 000
Total tax
182 039
199 423
97 368
68 838
After tax
34 961
17 577
119 632
148 162
Living cost
20 533
20 533
20 533
20 533
Free-cash
14 428
-2 956
99 099
127 629

Estimated living cost  is ₽20533 per week

₽14946
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1171
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽385
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4031
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96868
₽71627
₽96483
₽99752
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
217 000
health
-
-
-
2 952
municipal
-
-
-
38 529
national
-
-
-
43 191
total
-
-
-
84 672
Employee
49 121
-
182 553
-
municipal
8 046
-
29 713
-
unemployment
737
-
2 739
-
pensions
3 315
-
12 323
-
national
811
-
27 885
-
health
367
-
2 422
-
total
13 276
-
75 082
-
Employer
49 121
-
182 553
-
health
377
-
1 405
-
pensions
8 522
-
31 672
-
accident
50
-
182
-
unemployment
319
-
1 187
-
total
9 268
-
34 446
-
Corporate
158 610
217 000
-
-
income
31 722
43 400
-
-
total
31 722
43 400
-
-
Dividends

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

95 166
130 200
-
-
municipal
17 130
23 435
-
-
national
10 007
17 452
-
-
total
27 137
40 887
-
-
Income
217 000
217 000
217 000
217 000
Total tax
81 403
84 287
109 528
84 672
After tax
135 597
132 713
107 472
132 328
Living cost
35 845
35 845
35 845
35 845
Free-cash
99 752
96 868
71 627
96 483

Estimated living cost  is ₽35845 per week

₽23414
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3448
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8414
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽136517
₽122305
₽124073
₽131436
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
217 000
income
-
-
-
50 671
social contributions
-
-
-
15 106
health
-
-
-
5 533
total
-
-
-
71 310
Employee
71 793
71 793
205 168
-
social contributions
2 714
5 958
8 037
-
income
7 817
6 646
49 720
-
health
556
1 221
3 489
-
total
11 087
13 825
61 246
-
Employer
71 793
71 793
205 168
-
health
604
1 329
3 795
-
social contributions
2 714
5 958
8 037
-
total
3 318
7 287
11 832
-
Corporate
180 977
137 919
-
-
income
22 622
17 239
-
-
total
22 622
17 239
-
-
Dividends
158 355
120 680
-
-
withholding
26 920
20 515
-
-
total
26 920
20 515
-
-
Income
217 000
217 000
217 000
217 000
Total tax
63 947
58 866
73 078
71 310
After tax
153 053
158 134
143 922
145 690
Living cost
21 617
21 617
21 617
21 617
Free-cash
131 436
136 517
122 305
124 073

Estimated living cost  is ₽21617 per week

₽12955
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2121
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6063
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽164873
₽151593
₽170319
₽160127
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
217 000
income
-
-
-
22 512
unemployment
-
-
-
27
health
-
-
-
3 379
pensions
-
-
-
5 939
total
-
-
-
31 857
Employee

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

21 431
-
207 875
-
unemployment
106
-
443
-
pensions
3 214
-
13 288
-
income
1 465
-
20 198
-
health
1 821
-
7 530
-
total
6 606
-
41 459
-
Employer

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

21 431
-
207 875
-
health
921
-
3 809
-
pensions
1 178
-
4 872
-
unemployment
106
-
443
-
total
2 205
-
9 124
-
Corporate
193 364
217 000
-
-
income
17 402
19 530
-
-
total
17 402
19 530
-
-
Dividends
175 961
197 470
-
-
withholding
15 836
17 773
-
-
total
15 836
17 773
-
-
Income
217 000
217 000
217 000
217 000
Total tax
42 049
37 303
50 583
31 857
After tax
174 951
179 697
166 417
185 143
Living cost
14 824
14 824
14 824
14 824
Free-cash
160 127
164 873
151 593
170 319

Estimated living cost  is ₽14824 per week

₽9458
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1068
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.
₽3855
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽118338
₽91601
₽95517
₽114213
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
780
income
-
-
-
69 846
other
-
-
-
87
unemployment
-
-
-
606
pensions
-
-
-
24 490
total
-
-
-
95 809
Employee
34 523
-
189 412
-
other
34
-
87
-
unemployment
535
-
1 341
-
pensions
1 623
-
4 068
-
income
6 656
-
66 641
-
total
8 848
-
72 137
-
Employer
34 523
-
189 412
-
pensions
8 147
-
20 423
-
accident
684
-
1 713
-
unemployment
1 899
-
4 759
-
other
276
-
693
-
total
11 006
-
27 588
-
Corporate
171 471
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.

25 721
32 549
-
-
total
25 721
32 549
-
-
Dividends
145 750
184 451
-
-
withholding
31 538
40 439
-
-
total
31 538
40 439
-
-
Income
217 000
217 000
217 000
217 000
Total tax
77 113
72 988
99 725
95 809
After tax
139 887
144 012
117 275
121 191
Living cost
25 674
25 674
25 674
25 674
Free-cash
114 213
118 338
91 601
95 517

Estimated living cost  is ₽25674 per week

₽17330
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2468
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5427
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽133517
₽137913
₽138049
₽133205
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
217 000
income
-
-
-
74 681
health
-
-
-
1 000
pensions
-
-
-
1 379
total
-
-
-
77 060
Employee
2 880
-
215 448
-
unemployment
29
-
69
-
pensions
259
-
621
-
income
557
-
74 609
-
health
144
-
345
-
total
989
-
75 644
-
Employer
2 880
-
215 448
-
health
274
-
655
-
pensions
317
-
759
-
unemployment
58
-
138
-
total
649
-
1 552
-
Corporate
213 472
217 000
-
-
income
46 964
47 740
-
-
total
46 964
47 740
-
-
Dividends
166 508
169 260
-
-
withholding
33 302
33 852
-
-
total
33 302
33 852
-
-
Income
217 000
217 000
217 000
217 000
Total tax
81 904
81 592
77 196
77 060
After tax
135 096
135 408
139 804
139 940
Living cost
1 891
1 891
1 891
1 891
Free-cash
133 205
133 517
137 913
138 049

Estimated living cost  is ₽1891 per week

₽1124
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽153
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽43
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽571
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽140635
₽124421
₽124421
₽136041
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
217 000
income
-
-
-
50 350
unemployment
-
-
-
1 035
health
-
-
-
7 107
pensions
-
-
-
17 940
total
-
-
-
76 432
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.

24 348
-
204 649
-
unemployment
183
-
517
-
pensions
3 409
-
9 660
-
income
3 356
-
50 350
-
health
1 254
-
3 554
-
total
8 202
-
64 081
-
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.

24 348
-
204 649
-
health
1 254
-
3 554
-
pensions
2 922
-
8 280
-
unemployment
183
-
517
-
total
4 359
-
12 351
-
Corporate
188 294
217 000
-
-
income
28 244
32 550
-
-
total
28 244
32 550
-
-
Dividends
160 050
184 450
-
-
withholding
24 007
27 668
-
-
total
24 007
27 668
-
-
Income
217 000
217 000
217 000
217 000
Total tax
64 812
60 218
76 432
76 432
After tax
152 188
156 782
140 568
140 568
Living cost
16 147
16 147
16 147
16 147
Free-cash
136 041
140 635
124 421
124 421

Estimated living cost  is ₽16147 per week

₽10871
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1249
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽467
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3559
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98258
₽70465
₽87672
₽97921
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
217 000
income
-
-
-
28 750
surtax
-
-
-
-
social contributions

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

-
-
-
75 407
total
-
-
-
104 157
Employee
36 237
-
175 353
-
surtax
-
-
358
-
social contributions
3 987
-
19 289
-
income
7 081
-
60 071
-
total
11 068
-
79 718
-
Employer
36 237
-
175 353
-
social contributions
8 606
-
41 646
-
total
8 606
-
41 646
-
Corporate
172 157
217 000
-
-
income
36 153
45 570
-
-
surtax
-
-
-
-
total
36 153
45 570
-
-
Dividends
136 004
171 430
-
-
withholding
38 081
48 001
-
-
total
38 081
48 001
-
-
Income
217 000
217 000
217 000
217 000
Total tax
93 908
93 571
121 364
104 157
After tax
123 092
123 429
95 636
112 843
Living cost
25 171
25 171
25 171
25 171
Free-cash
97 921
98 258
70 465
87 672

Estimated living cost  is ₽25171 per week

₽17828
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1749
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.
₽5149
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽111199
₽84462
₽88378
₽105090
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
780
income
-
-
-
69 846
other
-
-
-
87
unemployment
-
-
-
606
pensions
-
-
-
24 490
total
-
-
-
95 809
Employee
45 091
-
189 412
-
other
44
-
87
-
unemployment
698
-
1 341
-
pensions
2 119
-
4 068
-
income
9 418
-
66 641
-
total
12 279
-
72 137
-
Employer
45 091
-
189 412
-
pensions
10 641
-
20 423
-
accident
893
-
1 713
-
unemployment
2 480
-
4 759
-
other
361
-
693
-
total
14 375
-
27 588
-
Corporate
157 533
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.

23 630
32 549
-
-
total
23 630
32 549
-
-
Dividends
133 902
184 451
-
-
withholding
28 813
40 439
-
-
total
28 813
40 439
-
-
Income
217 000
217 000
217 000
217 000
Total tax
79 097
72 988
99 725
95 809
After tax
137 903
144 012
117 275
121 191
Living cost
32 813
32 813
32 813
32 813
Free-cash
105 090
111 199
84 462
88 378

Estimated living cost  is ₽32813 per week

₽23565
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2551
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6235
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽169471
₽168751
₽159677
₽163778
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
217 000
income
-
-
-
32 550
unemployment
-
-
-
130
health
-
-
-
3 751
pensions

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

-
-
-
4 828
total
-
-
-
41 259
Employee
21 272
-
210 600
-
accident

We are using the highest rate at 1.1%.

234
-
359
-
pensions

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

1 867
-
2 864
-
income
2 128
-
21 060
-
health
979
-
1 501
-
total
5 208
-
25 784
-
Employer
21 272
-
210 600
-
health
1 468
-
2 251
-
pensions

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

2 344
-
3 595
-
accident

We are using the highest rate at 1.1%.

234
-
359
-
unemployment
128
-
196
-
total
4 174
-
6 401
-
Corporate
191 555
217 000
-
-
income
19 156
21 700
-
-
total
19 156
21 700
-
-
Dividends
172 399
195 300
-
-
withholding
8 620
9 765
-
-
total
8 620
9 765
-
-
Income
217 000
217 000
217 000
217 000
Total tax
37 158
31 465
32 185
41 259
After tax
179 842
185 535
184 815
175 741
Living cost
16 064
16 064
16 064
16 064
Free-cash
163 778
169 471
168 751
159 677

Estimated living cost  is ₽16064 per week

₽10625
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽920
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽383
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4137
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75548
₽97663
₽72752
₽87761
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
217 000
income

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

-
-
-
72 903
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.

-
-
-
4 010
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.

-
-
-
6 378
trade
-
-
-
24 911
total
-
-
-
108 202
Employee

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

46 455
-
217 000
-
surtax

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

211
-
4 010
-
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.

3 820
-
72 903
-
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.

6 378
-
6 378
-
total
10 409
-
83 291
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
170 545
217 000
-
-
income
25 581
32 549
-
-
surtax

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

1 407
1 789
-
-
chamber of commerce
392
461
-
-
trade
24 474
31 139
-
-
total
51 854
65 938
-
-
Dividends
118 692
151 061
-
-
surtax

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

1 612
2 057
-
-
withholding
29 318
37 411
-
-
total
30 930
39 468
-
-
Income
217 000
217 000
217 000
217 000
Total tax
93 193
105 406
83 291
108 202
After tax
123 807
111 594
133 709
108 798
Living cost
36 046
36 046
36 046
36 046
Free-cash
87 761
75 548
97 663
72 752

Estimated living cost  is ₽36046 per week

₽24865
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3878
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽523
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6779
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98716
₽55027
₽55027
₽100776
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
71 367
social contributions
-
-
-
37 421
total
-
-
-
108 788
Employee
73 032
-
217 000
-
income
13 781
-
71 367
-
social contributions
6 067
-
37 421
-
total
19 848
-
108 788
-
Employer
73 032
-
217 000
-
total
-
-
-
-
Corporate
143 968
217 000
-
-
income
17 996
27 124
-
-
total
17 996
27 124
-
-
Dividends
125 972
189 876
-
-
withholding
25 195
37 975
-
-
total
25 195
37 975
-
-
Income
217 000
217 000
217 000
217 000
Total tax
63 039
65 099
108 788
108 788
After tax
153 961
151 901
108 212
108 212
Living cost
53 185
53 185
53 185
53 185
Free-cash
100 776
98 716
55 027
55 027

Estimated living cost  is ₽53185 per week

₽40462
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4334
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽509
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7881
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽102226
₽117192
₽144902
₽105489
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
217 000
income
-
-
-
32 549
health

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

-
-
-
5 657
total
-
-
-
38 206
Employee
42 830
-
212 705
-
income
4 647
-
57 326
-
social contributions
4 291
-
4 295
-
total
8 938
-
61 621
-
Employer
42 830
-
212 705
-
social contributions
4 291
-
4 295
-
total
4 291
-
4 295
-
Corporate
169 878
217 000
-
-
income
59 457
75 949
-
-
total
59 457
75 949
-
-
Dividends
110 421
141 051
-
-
social contributions
4 933
4 933
-
-
total
4 933
4 933
-
-
Income
217 000
217 000
217 000
217 000
Total tax
77 619
80 882
65 916
38 206
After tax
139 381
136 118
151 084
178 794
Living cost
33 892
33 892
33 892
33 892
Free-cash
105 489
102 226
117 192
144 902

Estimated living cost  is ₽33892 per week

₽22324
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2672
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽519
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8375
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽101625
₽85816
₽105171
₽107178
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
217 000
income
-
-
-
67 522
pensions
-
-
-
9 474
total
-
-
-
76 996
Employee
47 813
-
189 082
-
pensions
3 649
-
11 273
-
income
8 707
-
54 618
-
health
624
-
2 541
-
total
12 980
-
68 432
-
Employer
47 813
-
189 082
-
health
909
-
3 594
-
pensions
4 831
-
24 325
-
total
5 740
-
27 919
-
Corporate
163 448
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.

31 055
41 231
-
-
total
31 055
41 231
-
-
Dividends
132 392
175 769
-
-
withholding
25 214
39 311
-
-
total
25 214
39 311
-
-
Income
217 000
217 000
217 000
217 000
Total tax
74 989
80 542
96 351
76 996
After tax
142 011
136 458
120 649
140 004
Living cost
34 833
34 833
34 833
34 833
Free-cash
107 178
101 625
85 816
105 171

Estimated living cost  is ₽34833 per week

₽23895
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3203
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽436
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7297
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽4989
₽97066
₽125596
₽14114
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
217 000
accident
-
-
-
239
income
-
-
-
62 241
other
-
-
-
351
health
-
-
-
2 066
pensions
-
-
-
3 941
total
-
-
-
68 838
Employee
35 497
-
198 390
-
pensions
3 997
-
7 227
-
income
4 870
-
48 815
-
health
4 064
-
22 716
-
total
12 931
-
78 758
-
Employer
35 497
-
198 390
-
pensions
5 772
-
10 436
-
accident
593
-
3 313
-
unemployment
870
-
4 861
-
total
7 235
-
18 610
-
Corporate
174 269
217 000
-
-
income

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

156 843
195 300
-
-
total
156 843
195 300
-
-
Dividends
17 427
21 700
-
-
withholding
3 311
4 123
-
-
total
3 311
4 123
-
-
Income
217 000
217 000
217 000
217 000
Total tax
180 320
199 423
97 368
68 838
After tax
36 680
17 577
119 632
148 162
Living cost
22 566
22 566
22 566
22 566
Free-cash
14 114
-4 989
97 066
125 596

Estimated living cost  is ₽22566 per week

₽16561
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1315
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4235
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽153392
₽147282
₽126748
₽150567
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
217 000
income
-
-
-
36 572
unemployment
-
-
-
1 792
work injury
-
-
-
747
health insurance
-
-
-
11 051
pensions
-
-
-
27 477
total
-
-
-
77 639
Employee

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

20 181
-
217 000
-
health insurance
1 493
-
5 525
-
unemployment
242
-
896
-
work injury
101
-
373
-
pensions
3 713
-
13 739
-
income
2 018
-
36 572
-
total
7 567
-
57 105
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
196 819
217 000
-
-
income

Macedonia has a simplified tax regime. Before 3,000,000 MKD per annum you will be taxed at 0%, and before 6,000,000 MKD it is 1%.

19 682
21 700
-
-
total
19 682
21 700
-
-
Dividends
177 137
195 300
-
-
withholding
26 571
29 295
-
-
total
26 571
29 295
-
-
Income
217 000
217 000
217 000
217 000
Total tax
53 820
50 995
57 105
77 639
After tax
163 180
166 005
159 895
139 361
Living cost
12 613
12 613
12 613
12 613
Free-cash
150 567
153 392
147 282
126 748

Estimated living cost  is ₽12613 per week

₽7814
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽917
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽393
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3489
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

Close
Rome , Italy
₽77108
₽57402
₽65069
₽72860
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
217 000
social contributions
-
-
-
46 729
regional
-
-
-
5 359
municipal
-
-
-
1 533
national
-
-
-
61 116
total
-
-
-
114 737
Employee
78 675
-
217 000
-
municipal
470
-
1 401
-
national
13 295
-
54 865
-
regional
1 188
-
4 875
-
social contributions
26 529
-
61 263
-
total
41 482
-
122 404
-
Employer
78 675
-
217 000
-
total
-
-
-
-
Corporate
138 325
217 000
-
-
municipal
6 667
10 459
-
-
nationa
33 198
52 080
-
-
total
39 865
62 539
-
-
Dividends
98 460
154 461
-
-
withholding
25 599
40 159
-
-
total
25 599
40 159
-
-
Income
217 000
217 000
217 000
217 000
Total tax
106 946
102 698
122 404
114 737
After tax
110 054
114 302
94 596
102 263
Living cost
37 194
37 194
37 194
37 194
Free-cash
72 860
77 108
57 402
65 069

Estimated living cost  is ₽37194 per week

₽26127
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2558
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽562
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7946
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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