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
₽77480
₽104335
₽90155
₽79096
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
26 855
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.

-
-
-
6 831
income

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

-
-
-
71 609
surtax

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

-
-
-
3 939
total
-
-
-
109 234
Employee

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

38 244
-
217 000
-
surtax

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

59
-
3 939
-
income

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

1 068
-
71 609
-
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.

6 831
-
6 831
-
total
7 958
-
82 379
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
178 756
217 000
-
-
trade
28 155
34 177
-
-
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.

1 474
1 789
-
-
income
26 813
32 549
-
-
chamber of commerce
408
463
-
-
total
56 850
68 978
-
-
Dividends
121 906
148 021
-
-
surtax

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

1 655
2 015
-
-
withholding
30 096
36 625
-
-
total
31 751
38 640
-
-
Income
217 000
217 000
217 000
217 000
Total tax
96 559
107 618
82 379
109 234
After tax
120 441
109 382
134 621
107 766
Living cost
30 286
30 286
30 286
30 286
Free-cash
90 155
79 096
104 335
77 480

Estimated living cost  is ₽30286 per week

₽19051
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3531
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7138
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73670
₽74835
₽84126
₽84966
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
24 068
national
-
-
-
40 447
pensions
-
-
-
26 040
total
-
-
-
92 888
Employee
78 195
-
187 595
-
pensions
3 128
-
7 504
-
national
14 966
-
42 286
-
municipal
9 658
-
24 908
-
total
27 752
-
74 698
-
Employer
78 195
-
187 595
-
pensions
6 256
-
15 008
-
social contributions
841
-
2 017
-
total
7 097
-
17 025
-
Corporate
126 548
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%.

25 310
43 400
-
-
total
25 310
43 400
-
-
Dividends
101 239
173 600
-
-
withholding
22 273
38 192
-
-
total
22 273
38 192
-
-
Income
217 000
217 000
217 000
217 000
Total tax
82 432
81 592
91 723
92 888
After tax
134 568
135 408
125 277
124 112
Living cost
50 442
50 442
50 442
50 442
Free-cash
84 126
84 966
74 835
73 670

Estimated living cost  is ₽50442 per week

₽34285
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4689
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽755
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10713
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57594
₽73126
₽144596
₽152797
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
217 000
social contributions

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

-
-
-
38 310
income
-
-
-
44 960
microenterprise
-
-
-
-
surtax
-
-
-
55 334
total
-
-
-
138 604
Employee
29 217
-
169 633
-
income
5 201
-
38 000
-
social contributions

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

3 214
-
13 108
-
surtax
-
-
24 597
-
total
8 415
-
75 705
-
Employer
29 217
-
169 633
-
social contributions

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

7 038
-
28 707
-
surtax
-
-
18 660
-
total
7 038
-
47 367
-
Corporate
180 745
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%.

36 149
43 401
-
-
total
36 149
43 401
-
-
Dividends

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

144 596
173 599
-
-
total
-
-
-
-
Income
217 000
217 000
217 000
217 000
Total tax
51 602
43 401
123 072
138 604
After tax
165 398
173 599
93 928
78 396
Living cost
20 802
20 802
20 802
20 802
Free-cash
144 596
152 797
73 126
57 594

Estimated living cost  is ₽20802 per week

₽13271
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1981
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5078
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75071
₽96909
₽60031
₽66157
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
217 000
health
-
-
-
12 330
income
-
-
-
75 997
pensions
-
-
-
11 715
total
-
-
-
100 042
Employee
85 386
85 386
198 418
-
income

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

13 976
13 976
35 577
-
pensions
15 370
11 715
11 715
-
health
13 106
11 148
12 330
-
total
42 452
36 839
59 622
-
Employer
85 386
85 386
198 418
-
pensions
5 943
5 943
7 387
-
health
5 935
5 935
7 375
-
unemployment
3 074
3 074
3 820
-
total
14 952
14 952
18 582
-
Corporate
117 709
116 662
-
-
income
23 542
23 333
-
-
total
23 542
23 333
-
-
Dividends
94 167
93 328
-
-
withholding
14 125
14 000
-
-
income
20 011
19 832
-
-
total
34 136
33 832
-
-
Income
217 000
217 000
217 000
217 000
Total tax
115 082
108 956
78 204
100 042
After tax
101 918
108 044
138 796
116 958
Living cost
41 887
41 887
41 887
41 887
Free-cash
60 031
66 157
96 909
75 071

Estimated living cost  is ₽41887 per week

₽29684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3776
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽666
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7761
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70064
₽69132
₽79172
₽80034
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 792
unemployment
-
-
-
84
accident
-
-
-
168
municipal
-
-
-
57 430
health
-
-
-
5 258
national
-
-
-
26 647
pensions
-
-
-
9 109
total
-
-
-
108 488
Employee
54 785
-
190 524
-
national
-
-
26 130
-
municipal
16 337
-
56 814
-
total
16 337
-
82 944
-
Employer
54 785
-
190 524
-
pensions
5 922
-
9 109
-
other
6 366
-
9 792
-
accident
110
-
168
-
health
3 369
-
5 182
-
unemployment
1 446
-
2 225
-
total
17 213
-
26 476
-
Corporate
145 002
217 000
-
-
income
31 900
47 740
-
-
total
31 900
47 740
-
-
Dividends
113 101
169 260
-
-
withholding
33 930
50 778
-
-
total
33 930
50 778
-
-
Income
217 000
217 000
217 000
217 000
Total tax
99 380
98 518
109 420
108 488
After tax
117 620
118 482
107 580
108 512
Living cost
38 448
38 448
38 448
38 448
Free-cash
79 172
80 034
69 132
70 064

Estimated living cost  is ₽38448 per week

₽25482
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3773
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8610
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67293
₽95341
₽83032
₽68984
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
28 048
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.

-
-
-
6 831
income

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

-
-
-
71 609
surtax

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

-
-
-
3 939
total
-
-
-
110 427
Employee

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

50 706
-
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.

239
-
3 939
-
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.

4 357
-
71 609
-
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.

6 831
-
6 831
-
total
11 427
-
82 379
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
166 294
217 000
-
-
trade
27 356
35 697
-
-
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.

1 372
1 789
-
-
income
24 944
32 549
-
-
chamber of commerce
389
461
-
-
total
54 061
70 496
-
-
Dividends
112 233
146 503
-
-
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.

1 522
1 994
-
-
withholding
27 678
36 246
-
-
total
29 200
38 240
-
-
Income
217 000
217 000
217 000
217 000
Total tax
94 688
108 736
82 379
110 427
After tax
122 312
108 264
134 621
106 573
Living cost
39 280
39 280
39 280
39 280
Free-cash
83 032
68 984
95 341
67 293

Estimated living cost  is ₽39280 per week

₽26271
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4142
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽586
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8281
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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
₽113842
₽112044
₽121594
₽125741
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 178
health
-
-
-
5 533
income
-
-
-
49 016
total
-
-
-
70 727
Employee
76 887
76 887
204 608
-
income
8 074
7 117
48 048
-
social contributions
3 736
6 381
8 607
-
health
765
1 307
3 478
-
total
12 575
14 805
60 133
-
Employer
76 887
76 887
204 608
-
health
833
1 423
3 785
-
social contributions
3 736
6 381
8 607
-
total
4 569
7 804
12 392
-
Corporate
167 425
132 309
-
-
income
20 927
16 538
-
-
total
20 927
16 538
-
-
Dividends
146 498
115 771
-
-
withholding
24 904
19 681
-
-
total
24 904
19 681
-
-
Income
217 000
217 000
217 000
217 000
Total tax
62 975
58 828
72 525
70 727
After tax
154 025
158 172
144 475
146 273
Living cost
32 431
32 431
32 431
32 431
Free-cash
121 594
125 741
112 044
113 842

Estimated living cost  is ₽32431 per week

₽22170
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2533
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7184
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽132091
₽107561
₽103959
₽103579
S + D Salary + Dividends

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

Dividends

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

Salary

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

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

The minimum wage is 138,000 HUF per month.

26 323
10 476
181 590
-
income
3 218
1 281
22 199
-
pensions
2 632
1 048
18 159
-
unemployment
395
157
2 724
-
health
1 843
733
12 711
-
total
8 088
3 219
55 793
-
Employer

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

The minimum wage is 138,000 HUF per month.

26 323
10 476
181 590
-
pensions
5 133
2 043
35 410
-
total
5 133
2 043
35 410
-
Corporate
185 544
204 481
-
-
income
16 699
18 403
-
-
total
16 699
18 403
-
-
Dividends
168 845
186 078
-
-
social contributions
32 805
36 165
-
-
withholding
32 080
35 355
-
-
total
64 885
71 520
-
-
Income
217 000
217 000
217 000
217 000
Total tax
94 805
95 185
91 203
66 673
After tax
122 195
121 815
125 797
150 327
Living cost
18 236
18 236
18 236
18 236
Free-cash
103 959
103 579
107 561
132 091

Estimated living cost  is ₽18236 per week

₽12444
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1492
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽364
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3935
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92159
₽100926
₽143239
₽149448
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
217 000
health
-
-
-
28 210
income
-
-
-
29 079
pensions
-
-
-
43 401
total
-
-
-
100 690
Employee
28 365
-
162 180
-
income
3 193
-
31 268
-
pensions
567
-
3 243
-
unemployment
453
-
2 596
-
total
4 213
-
37 107
-
Employer
28 365
-
162 180
-
pensions
5 673
-
32 435
-
health
3 687
-
21 083
-
unemployment
228
-
1 298
-
total
9 588
-
54 816
-
Corporate
179 047
217 000
-
-
income
35 809
43 401
-
-
total
35 809
43 401
-
-
Dividends
143 238
173 599
-
-
total
-
-
-
-
Income
217 000
217 000
217 000
217 000
Total tax
49 610
43 401
91 923
100 690
After tax
167 390
173 599
125 077
116 310
Living cost
24 151
24 151
24 151
24 151
Free-cash
143 239
149 448
100 926
92 159

Estimated living cost  is ₽24151 per week

₽16565
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1438
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.
₽5662
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽126278
₽97416
₽14215
-₽4337
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
369
accident
-
-
-
252
health
-
-
-
2 172
income
-
-
-
61 870
pensions
-
-
-
4 145
total
-
-
-
68 808
Employee
34 472
-
197 874
-
income
4 729
-
48 288
-
pensions
3 882
-
7 599
-
health
3 947
-
22 657
-
total
12 558
-
78 544
-
Employer
34 472
-
197 874
-
pensions
5 605
-
10 974
-
accident
575
-
3 304
-
unemployment
845
-
4 848
-
total
7 025
-
19 126
-
Corporate
175 503
217 000
-
-
income

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

157 953
195 300
-
-
total
157 953
195 300
-
-
Dividends
17 550
21 700
-
-
withholding
3 335
4 123
-
-
total
3 335
4 123
-
-
Income
217 000
217 000
217 000
217 000
Total tax
180 871
199 423
97 670
68 808
After tax
36 129
17 577
119 330
148 192
Living cost
21 914
21 914
21 914
21 914
Free-cash
14 215
-4 337
97 416
126 278

Estimated living cost  is ₽21914 per week

₽16061
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1214
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4182
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽205819
₽164589
₽195450
₽197139
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
11 263
-
217 000
-
income
2 252
-
43 400
-
total
2 252
-
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%.

205 737
217 000
-
-
total
-
-
-
-
Dividends
205 737
217 000
-
-
withholding
10 287
10 850
-
-
total
10 287
10 850
-
-
Income
217 000
217 000
217 000
217 000
Total tax
12 539
10 850
43 400
2 170
After tax
204 461
206 150
173 600
214 830
Living cost
9 011
9 011
9 011
9 011
Free-cash
195 450
197 139
164 589
205 819

Estimated living cost  is ₽9011 per week

₽5584
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽749
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽248
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2430
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽102535
₽100724
₽126036
₽132787
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 222
health
-
-
-
6 690
income
-
-
-
37 418
pensions

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

-
-
-
36 492
total
-
-
-
87 822
Employee
36 305
-
178 474
-
income
6 250
-
36 815
-
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.

2 541
-
10 643
-
unemployment
362
-
1 520
-
health
509
-
2 129
-
total
9 662
-
51 107
-
Employer
36 305
-
178 474
-
pensions

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

6 172
-
25 849
-
other
1 816
-
7 601
-
accident
290
-
1 427
-
health
509
-
2 129
-
unemployment
362
-
1 520
-
total
9 149
-
38 526
-
Corporate
171 545
217 000
-
-
income
36 025
45 570
-
-
total
36 025
45 570
-
-
Dividends
135 520
171 430
-
-
withholding
9 485
12 000
-
-
total
9 485
12 000
-
-
Income
217 000
217 000
217 000
217 000
Total tax
64 321
57 570
89 633
87 822
After tax
152 679
159 430
127 367
129 178
Living cost
26 643
26 643
26 643
26 643
Free-cash
126 036
132 787
100 724
102 535

Estimated living cost  is ₽26643 per week

₽18825
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1799
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽429
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5590
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73649
₽54229
₽78589
₽70493
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
217 000
income
-
-
-
66 253
pensions
-
-
-
9 845
total
-
-
-
76 098
Employee
95 153
-
189 193
-
income
17 152
-
53 306
-
pensions
9 180
-
11 818
-
health
1 568
-
2 587
-
total
27 900
-
67 711
-
Employer
95 153
-
189 193
-
pensions
11 235
-
24 213
-
health
1 807
-
3 594
-
total
13 042
-
27 807
-
Corporate
108 805
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.

20 674
41 230
-
-
total
20 674
41 230
-
-
Dividends
88 131
175 770
-
-
withholding
9 542
38 024
-
-
total
9 542
38 024
-
-
Income
217 000
217 000
217 000
217 000
Total tax
71 158
79 254
95 518
76 098
After tax
145 842
137 746
121 482
140 902
Living cost
67 253
67 253
67 253
67 253
Free-cash
78 589
70 493
54 229
73 649

Estimated living cost  is ₽67253 per week

₽50394
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7902
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.
₽8411
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽162019
₽170971
₽167784
₽172428
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
140
health
-
-
-
4 016
income
-
-
-
32 550
pensions

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

-
-
-
5 168
total
-
-
-
41 874
Employee
17 356
-
210 149
-
income
1 735
-
21 015
-
pensions

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

1 524
-
3 066
-
health
798
-
1 606
-
accident

We are using the highest rate at 1.1%.

191
-
384
-
total
4 248
-
26 071
-
Employer
17 356
-
210 149
-
pensions

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

1 913
-
3 848
-
accident

We are using the highest rate at 1.1%.

191
-
384
-
health
1 198
-
2 409
-
unemployment
104
-
210
-
total
3 406
-
6 851
-
Corporate
196 238
217 000
-
-
income
19 624
21 700
-
-
total
19 624
21 700
-
-
Dividends
176 614
195 300
-
-
withholding
8 831
9 765
-
-
total
8 831
9 765
-
-
Income
217 000
217 000
217 000
217 000
Total tax
36 109
31 465
32 922
41 874
After tax
180 891
185 535
184 078
175 126
Living cost
13 107
13 107
13 107
13 107
Free-cash
167 784
172 428
170 971
162 019

Estimated living cost  is ₽13107 per week

₽7652
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽936
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽347
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4172
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61513
₽83351
₽55116
₽52599
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
217 000
health
-
-
-
12 330
income
-
-
-
75 997
pensions
-
-
-
11 715
total
-
-
-
100 042
Employee
92 702
85 386
198 418
-
income

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

13 976
13 976
35 577
-
pensions
11 715
11 715
11 715
-
health
11 565
11 148
12 330
-
total
37 256
36 839
59 622
-
Employer
92 702
85 386
198 418
-
pensions
6 451
5 943
7 387
-
health
6 442
5 935
7 375
-
unemployment
3 338
3 074
3 820
-
total
16 231
14 952
18 582
-
Corporate
108 067
116 662
-
-
income
21 614
23 333
-
-
total
21 614
23 333
-
-
Dividends
86 453
93 328
-
-
withholding
12 967
14 000
-
-
income
18 371
19 832
-
-
total
31 338
33 832
-
-
Income
217 000
217 000
217 000
217 000
Total tax
106 439
108 956
78 204
100 042
After tax
110 561
108 044
138 796
116 958
Living cost
55 445
55 445
55 445
55 445
Free-cash
55 116
52 599
83 351
61 513

Estimated living cost  is ₽55445 per week

₽40900
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4952
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽636
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8958
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽103730
₽94282
₽116827
₽125393
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
34 552
health
-
-
-
29 295
income
-
-
-
22 973
solidarity contribution
-
-
-
2 438
total
-
-
-
89 258
Employee
35 311
-
171 943
-
income
4 237
-
21 156
-
solidarity contribution
-
-
1 590
-
social contributions
2 295
-
7 691
-
health
4 767
-
23 212
-
total
11 299
-
53 649
-
Employer
35 311
-
171 943
-
health
3 178
-
15 475
-
social contributions
8 828
-
29 582
-
total
12 006
-
45 057
-
Corporate
169 683
217 000
-
-
income
32 240
41 230
-
-
total
32 240
41 230
-
-
Dividends
137 443
175 770
-
-
withholding
20 616
26 365
-
-
total
20 616
26 365
-
-
Income
217 000
217 000
217 000
217 000
Total tax
76 161
67 595
98 706
89 258
After tax
140 839
149 405
118 294
127 742
Living cost
24 012
24 012
24 012
24 012
Free-cash
116 827
125 393
94 282
103 730

Estimated living cost  is ₽24012 per week

₽16679
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1708
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5153
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61891
₽53414
₽68366
₽73587
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
50 044
municipal
-
-
-
1 336
national
-
-
-
58 831
regional
-
-
-
2 706
total
-
-
-
112 917
Employee
88 864
-
217 000
-
national
15 398
-
52 139
-
social contributions
29 965
-
65 609
-
municipal
471
-
1 211
-
regional
838
-
2 435
-
total
46 672
-
121 394
-
Employer
88 864
-
217 000
-
total
-
-
-
-
Corporate
128 136
217 000
-
-
nationa
30 752
52 080
-
-
municipal
4 998
8 463
-
-
total
35 750
60 543
-
-
Dividends
92 386
156 457
-
-
withholding
24 020
40 678
-
-
total
24 020
40 678
-
-
Income
217 000
217 000
217 000
217 000
Total tax
106 442
101 221
121 394
112 917
After tax
110 558
115 779
95 606
104 083
Living cost
42 192
42 192
42 192
42 192
Free-cash
68 366
73 587
53 414
61 891

Estimated living cost  is ₽42192 per week

₽29411
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2767
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽647
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9366
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80082
₽73971
₽111315
₽114429
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
unemployment
-
-
-
228
health
-
-
-
9 474
income
-
-
-
67 233
surtax
-
-
-
11 229
pensions
-
-
-
26 690
total
-
-
-
114 854
Employee
33 066
-
188 910
-
income
5 543
-
61 252
-
pensions
2 205
-
8 901
-
unemployment
2 302
-
9 288
-
health
844
-
3 402
-
other
-
-
-
-
surtax
108
-
10 032
-
total
11 002
-
92 875
-
Employer
33 066
-
188 910
-
pensions
4 408
-
17 789
-
other
-
-
-
-
health
1 505
-
6 072
-
unemployment
1 047
-
4 229
-
total
6 960
-
28 090
-
Corporate
176 974
217 000
-
-
income
46 014
56 420
-
-
total
46 014
56 420
-
-
Dividends
130 961
160 580
-
-
withholding
19 645
24 087
-
-
total
19 645
24 087
-
-
Income
217 000
217 000
217 000
217 000
Total tax
83 621
80 507
120 965
114 854
After tax
133 379
136 493
96 035
102 146
Living cost
22 064
22 064
22 064
22 064
Free-cash
111 315
114 429
73 971
80 082

Estimated living cost  is ₽22064 per week

₽13491
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2036
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.
₽6028
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94956
₽75536
₽98444
₽91800
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
217 000
income
-
-
-
66 253
pensions
-
-
-
9 845
total
-
-
-
76 098
Employee
63 769
-
189 193
-
income
11 485
-
53 306
-
pensions
5 413
-
11 818
-
health
926
-
2 587
-
total
17 824
-
67 711
-
Employer
63 769
-
189 193
-
pensions
6 903
-
24 213
-
health
1 211
-
3 594
-
total
8 114
-
27 807
-
Corporate
145 116
217 000
-
-
income

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

27 572
41 230
-
-
total
27 572
41 230
-
-
Dividends
117 544
175 770
-
-
withholding
19 100
38 024
-
-
total
19 100
38 024
-
-
Income
217 000
217 000
217 000
217 000
Total tax
72 610
79 254
95 518
76 098
After tax
144 390
137 746
121 482
140 902
Living cost
45 946
45 946
45 946
45 946
Free-cash
98 444
91 800
75 536
94 956

Estimated living cost  is ₽45946 per week

₽34422
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3444
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7598
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽96838
₽88725
₽55985
₽23647
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
217 000
other

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

-
-
-
4 341
health
-
-
-
489
city
-
-
-
2 287
national
-
-
-
5 452
regional
-
-
-
12 049
pensions
-
-
-
19 963
total
-
-
-
44 581
Employee
88 449
-
195 198
-
pensions
7 431
-
15 312
-
national
419
-
4 470
-
unemployment
-
-
-
-
city
949
-
2 110
-
health
200
-
439
-
regional
2 896
-
10 708
-
total
11 895
-
33 039
-
Employer
88 449
-
195 198
-
pensions
7 431
-
15 312
-
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.

1 768
-
3 904
-
health
200
-
439
-
unemployment
-
-
-
-
total
9 399
-
19 655
-
Corporate
118 179
217 000
-
-
regional
24 995
45 896
-
-
national
10 046
18 445
-
-
total
35 041
64 341
-
-
Dividends
83 139
152 659
-
-
withholding
29 099
53 431
-
-
total
29 099
53 431
-
-
Income
217 000
217 000
217 000
217 000
Total tax
85 434
117 772
52 694
44 581
After tax
131 566
99 228
164 306
172 419
Living cost
75 581
75 581
75 581
75 581
Free-cash
55 985
23 647
88 725
96 838

Estimated living cost  is ₽75581 per week

₽49149
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6783
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽928
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18721
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽59574
₽88816
₽77559
₽61344
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
29 242
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.

-
-
-
6 831
income

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

-
-
-
71 609
surtax

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

-
-
-
3 939
total
-
-
-
111 621
Employee

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

60 091
-
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.

389
-
3 939
-
income

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

7 066
-
71 609
-
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.

6 831
-
6 831
-
total
14 286
-
82 379
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
156 909
217 000
-
-
trade
26 910
37 215
-
-
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.

1 294
1 789
-
-
income
23 536
32 549
-
-
chamber of commerce
372
457
-
-
total
52 112
72 010
-
-
Dividends
104 796
144 989
-
-
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.

1 419
1 973
-
-
withholding
25 819
35 868
-
-
total
27 238
37 841
-
-
Income
217 000
217 000
217 000
217 000
Total tax
93 636
109 851
82 379
111 621
After tax
123 364
107 149
134 621
105 379
Living cost
45 805
45 805
45 805
45 805
Free-cash
77 559
61 344
88 816
59 574

Estimated living cost  is ₽45805 per week

₽33454
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3664
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽596
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8093
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85223
₽79374
₽81065
₽75157
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 727
social contributions
-
-
-
6 184
health
-
-
-
10 451
income
-
-
-
39 408
surtax
-
-
-
-
pensions
-
-
-
34 798
total
-
-
-
97 568
Employee
42 794
-
165 869
-
income
2 526
-
35 167
-
pensions
4 839
-
12 394
-
social contributions
1 220
-
4 725
-
surtax
-
-
-
-
total
8 585
-
52 286
-
Employer
42 794
-
165 869
-
pensions
7 030
-
20 713
-
other
1 476
-
6 837
-
health
2 996
-
16 367
-
unemployment
1 732
-
6 717
-
social contributions
129
-
497
-
total
13 363
-
51 131
-
Corporate
160 842
217 000
-
-
surtax
-
-
-
-
income
45 037
60 761
-
-
total
45 037
60 761
-
-
Dividends
115 806
156 239
-
-
surtax
-
-
-
-
social contributions
19 918
26 874
-
-
withholding
14 823
19 999
-
-
total
34 741
46 873
-
-
Income
217 000
217 000
217 000
217 000
Total tax
101 726
107 634
103 417
97 568
After tax
115 274
109 366
113 583
119 432
Living cost
34 209
34 209
34 209
34 209
Free-cash
81 065
75 157
79 374
85 223

Estimated living cost  is ₽34209 per week

₽21570
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2782
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽583
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9277
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88612
₽82763
₽84103
₽78546
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 727
social contributions
-
-
-
6 184
health
-
-
-
10 451
income
-
-
-
39 408
surtax
-
-
-
-
pensions
-
-
-
34 798
total
-
-
-
97 568
Employee
38 199
-
165 869
-
income
1 970
-
35 167
-
pensions
4 321
-
12 394
-
social contributions
1 089
-
4 725
-
surtax
-
-
-
-
total
7 380
-
52 286
-
Employer
38 199
-
165 869
-
pensions
6 277
-
20 713
-
other
1 319
-
6 837
-
health
2 674
-
16 367
-
unemployment
1 546
-
6 717
-
social contributions
114
-
497
-
total
11 930
-
51 131
-
Corporate
166 871
217 000
-
-
surtax
-
-
-
-
income
46 723
60 761
-
-
total
46 723
60 761
-
-
Dividends
120 148
156 239
-
-
surtax
-
-
-
-
social contributions
20 665
26 874
-
-
withholding
15 379
19 999
-
-
total
36 044
46 873
-
-
Income
217 000
217 000
217 000
217 000
Total tax
102 077
107 634
103 417
97 568
After tax
114 923
109 366
113 583
119 432
Living cost
30 820
30 820
30 820
30 820
Free-cash
84 103
78 546
82 763
88 612

Estimated living cost  is ₽30820 per week

₽17874
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3131
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9231
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽118155
₽112477
₽111705
₽111187
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
29 946
health
-
-
-
15 148
income
-
-
-
32 549
total
-
-
-
77 643
Employee
33 902
-
217 000
-
income
5 654
-
38 227
-
social contributions
4 679
-
29 946
-
health
2 366
-
15 148
-
total
12 699
-
83 321
-
Employer
33 902
-
217 000
-
total
-
-
-
-
Corporate
183 098
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%.

9 155
10 850
-
-
total
9 155
10 850
-
-
Dividends
173 943
206 150
-
-
social contributions
24 005
28 449
-
-
health
12 142
14 389
-
-
withholding
26 092
30 923
-
-
total
62 239
73 761
-
-
Income
217 000
217 000
217 000
217 000
Total tax
84 093
84 611
83 321
77 643
After tax
132 907
132 389
133 679
139 357
Living cost
21 202
21 202
21 202
21 202
Free-cash
111 705
111 187
112 477
118 155

Estimated living cost  is ₽21202 per week

₽14189
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1307
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5216
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76066
₽21742
₽82898
₽84443
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
867
unemployment
-
-
-
6 133
health
-
-
-
8 935
income
-
-
-
67 960
surtax
-
-
-
197
pensions
-
-
-
21 610
total
-
-
-
105 702
Employee
49 970
39 847
178 669
-
income
5 689
2 939
56 822
-
pensions
5 117
4 080
11 962
-
unemployment
1 499
1 195
3 505
-
health
1 934
1 543
4 520
-
other
499
398
1 169
-
total
14 738
10 155
77 978
-
Employer
49 970
39 847
178 669
-
pensions
6 271
5 002
14 660
-
other
2 374
1 892
7 960
-
accident
649
518
1 518
-
health
1 888
1 507
4 415
-
payroll
1 499
1 195
5 360
-
chamber of commerce
199
159
715
-
unemployment
1 499
1 195
3 505
-
surtax
197
197
197
-
total
14 576
11 665
38 330
-
Corporate
152 454
165 487
174 874
-
income

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

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

38 113
41 373
43 718
-
total
38 113
41 373
43 718
-
Dividends
114 341
124 115
-
-
withholding
31 443
34 132
-
-
total
31 443
34 132
-
-
Income
217 000
217 000
217 000
217 000
Total tax
98 870
97 325
160 026
105 702
After tax
118 130
119 675
56 974
111 298
Living cost
35 232
35 232
35 232
35 232
Free-cash
82 898
84 443
21 742
76 066

Estimated living cost  is ₽35232 per week

₽23498
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3006
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽579
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8150
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57887
₽37661
₽69825
₽83071
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
217 000
social contributions
-
-
-
24 929
communal

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

-
-
-
11 523
national
-
-
-
86 204
total
-
-
-
122 656
Employee

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

71 523
-
168 074
-
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.

5 364
-
12 605
-
national
21 989
-
63 222
-
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.

622
-
1 463
-
communal

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

3 730
-
8 766
-
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.

3 360
-
7 901
-
total
35 065
-
93 957
-
Employer

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

71 523
-
168 074
-
pensions

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

6 338
-
14 891
-
accident

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

930
-
2 186
-
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.

4 398
-
10 337
-
unemployment

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

1 044
-
2 453
-
surtax
8 110
-
19 058
-
total
20 820
-
48 925
-
Corporate
124 658
217 000
-
-
surtax
499
916
-
-
income
24 931
45 852
-
-
total
25 430
46 768
-
-
Dividends
99 228
170 231
-
-
withholding

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

29 403
50 704
-
-
total
29 403
50 704
-
-
Income
217 000
217 000
217 000
217 000
Total tax
110 718
97 472
142 882
122 656
After tax
106 282
119 528
74 118
94 344
Living cost
36 457
36 457
36 457
36 457
Free-cash
69 825
83 071
37 661
57 887

Estimated living cost  is ₽36457 per week

₽23483
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3188
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.
₽9216
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85212
₽81017
₽101191
₽108042
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
93
unemployment
-
-
-
649
accident
-
-
-
835
income
-
-
-
67 874
pensions
-
-
-
26 227
total
-
-
-
95 678
Employee
49 772
-
187 454
-
income
10 502
-
64 441
-
pensions
2 340
-
4 357
-
unemployment
772
-
1 436
-
other
49
-
93
-
total
13 663
-
70 327
-
Employer
49 772
-
187 454
-
pensions
11 745
-
21 872
-
other
397
-
742
-
accident
985
-
1 835
-
unemployment
2 738
-
5 097
-
total
15 865
-
29 546
-
Corporate
151 363
217 000
-
-
income

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

22 705
32 549
-
-
total
22 705
32 549
-
-
Dividends
128 658
184 451
-
-
withholding
27 466
40 299
-
-
total
27 466
40 299
-
-
Income
217 000
217 000
217 000
217 000
Total tax
79 699
72 848
99 873
95 678
After tax
137 301
144 152
117 127
121 322
Living cost
36 110
36 110
36 110
36 110
Free-cash
101 191
108 042
81 017
85 212

Estimated living cost  is ₽36110 per week

₽26591
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2562
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6436
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48372
₽57026
₽55497
₽69215
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 829
health
-
-
-
15 248
income
-
-
-
40 214
communal
-
-
-
13 715
surtax
-
-
-
10 757
pensions
-
-
-
32 527
total
-
-
-
114 290
Employee
75 721
-
193 838
-
income
7 314
-
46 465
-
pensions
6 057
-
15 506
-
health
3 370
-
8 624
-
surtax
4 641
-
11 880
-
total
21 382
-
82 475
-
Employer
75 721
-
193 838
-
pensions
6 057
-
15 506
-
accident
681
-
1 744
-
health
2 309
-
5 911
-
total
9 047
-
23 161
-
Corporate
132 232
217 000
-
-
communal
8 926
14 647
-
-
surtax
1 389
2 279
-
-
income
19 834
32 549
-
-
total
30 149
49 475
-
-
Dividends
102 083
167 525
-
-
withholding
15 313
25 128
-
-
income
31 274
18 844
-
-
total
46 587
43 972
-
-
Income
217 000
217 000
217 000
217 000
Total tax
107 165
93 447
105 636
114 290
After tax
109 835
123 553
111 364
102 710
Living cost
54 338
54 338
54 338
54 338
Free-cash
55 497
69 215
57 026
48 372

Estimated living cost  is ₽54338 per week

₽40762
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3292
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9707
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79687
₽73576
₽110853
₽114034
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
unemployment
-
-
-
228
health
-
-
-
9 474
income
-
-
-
67 233
surtax
-
-
-
11 229
pensions
-
-
-
26 690
total
-
-
-
114 854
Employee
33 673
-
188 910
-
income
5 645
-
61 252
-
pensions
2 247
-
8 901
-
unemployment
2 343
-
9 288
-
health
860
-
3 402
-
other
-
-
-
-
surtax
120
-
10 032
-
total
11 215
-
92 875
-
Employer
33 673
-
188 910
-
pensions
4 489
-
17 789
-
other
-
-
-
-
health
1 531
-
6 072
-
unemployment
1 068
-
4 229
-
total
7 088
-
28 090
-
Corporate
176 238
217 000
-
-
income
45 822
56 420
-
-
total
45 822
56 420
-
-
Dividends
130 416
160 580
-
-
withholding
19 563
24 087
-
-
total
19 563
24 087
-
-
Income
217 000
217 000
217 000
217 000
Total tax
83 688
80 507
120 965
114 854
After tax
133 312
136 493
96 035
102 146
Living cost
22 459
22 459
22 459
22 459
Free-cash
110 853
114 034
73 576
79 687

Estimated living cost  is ₽22459 per week

₽13559
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1953
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6427
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76464
₽68033
₽84905
₽87125
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
50 044
municipal
-
-
-
1 336
national
-
-
-
58 831
regional
-
-
-
3 390
total
-
-
-
113 601
Employee
55 465
-
217 000
-
national
8 787
-
52 139
-
social contributions
18 703
-
65 609
-
municipal
294
-
1 211
-
regional
747
-
3 073
-
total
28 531
-
122 032
-
Employer
55 465
-
217 000
-
total
-
-
-
-
Corporate
161 535
217 000
-
-
nationa
38 769
52 080
-
-
municipal
8 028
10 785
-
-
total
46 797
62 865
-
-
Dividends
114 737
154 135
-
-
withholding
29 832
40 075
-
-
total
29 832
40 075
-
-
Income
217 000
217 000
217 000
217 000
Total tax
105 160
102 940
122 032
113 601
After tax
111 840
114 060
94 968
103 399
Living cost
26 935
26 935
26 935
26 935
Free-cash
84 905
87 125
68 033
76 464

Estimated living cost  is ₽26935 per week

₽16751
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2729
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6994
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98153
₽88705
₽109260
₽119816
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
34 552
health
-
-
-
29 295
income
-
-
-
22 973
solidarity contribution
-
-
-
2 438
total
-
-
-
89 258
Employee
43 513
-
171 943
-
income
5 222
-
21 156
-
solidarity contribution
-
-
1 590
-
social contributions
2 828
-
7 691
-
health
5 874
-
23 212
-
total
13 924
-
53 649
-
Employer
43 513
-
171 943
-
health
3 916
-
15 475
-
social contributions
10 878
-
29 582
-
total
14 794
-
45 057
-
Corporate
158 693
217 000
-
-
income
30 152
41 230
-
-
total
30 152
41 230
-
-
Dividends
128 541
175 770
-
-
withholding
19 281
26 365
-
-
total
19 281
26 365
-
-
Income
217 000
217 000
217 000
217 000
Total tax
78 151
67 595
98 706
89 258
After tax
138 849
149 405
118 294
127 742
Living cost
29 589
29 589
29 589
29 589
Free-cash
109 260
119 816
88 705
98 153

Estimated living cost  is ₽29589 per week

₽22004
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1639
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5434
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Prague model

Close
Graz , Austria
₽79595
₽25122
₽87387
₽87883
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
867
unemployment
-
-
-
6 133
health
-
-
-
8 935
income
-
-
-
67 960
surtax
-
-
-
-
pensions
-
-
-
21 610
total
-
-
-
105 505
Employee
43 708
39 847
178 853
-
income
3 894
2 939
56 911
-
pensions
4 476
4 080
11 962
-
unemployment
1 311
1 195
3 505
-
health
1 691
1 543
4 520
-
other
436
398
1 169
-
total
11 808
10 155
78 067
-
Employer
43 708
39 847
178 853
-
pensions
5 486
5 002
14 660
-
other
2 076
1 892
7 967
-
accident
567
518
1 518
-
health
1 653
1 507
4 415
-
payroll
1 311
1 195
5 366
-
chamber of commerce
175
159
715
-
unemployment
1 311
1 195
3 505
-
surtax
-
-
-
-
total
12 579
11 468
38 146
-
Corporate
160 714
165 685
175 058
-
income

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

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

40 179
41 422
43 765
-
total
40 179
41 422
43 765
-
Dividends
120 535
124 263
-
-
withholding
33 147
34 172
-
-
total
33 147
34 172
-
-
Income
217 000
217 000
217 000
217 000
Total tax
97 713
97 217
159 978
105 505
After tax
119 287
119 783
57 022
111 495
Living cost
31 900
31 900
31 900
31 900
Free-cash
87 387
87 883
25 122
79 595

Estimated living cost  is ₽31900 per week

₽19136
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3258
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8937
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽200789
₽159559
₽189476
₽192109
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
17 552
-
217 000
-
income
3 511
-
43 400
-
total
3 511
-
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%.

199 448
217 000
-
-
total
-
-
-
-
Dividends
199 448
217 000
-
-
withholding
9 972
10 850
-
-
total
9 972
10 850
-
-
Income
217 000
217 000
217 000
217 000
Total tax
13 483
10 850
43 400
2 170
After tax
203 517
206 150
173 600
214 830
Living cost
14 041
14 041
14 041
14 041
Free-cash
189 476
192 109
159 559
200 789

Estimated living cost  is ₽14041 per week

₽9502
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽589
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3479
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74765
₽70055
₽114220
₽122586
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
326
health
-
-
-
21 354
income
-
-
-
54 107
pensions
-
-
-
39 629
total
-
-
-
115 416
Employee

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

44 215
-
187 764
-
income
7 625
-
49 396
-
pensions
6 854
-
29 103
-
unemployment
63
-
264
-
health
2 856
-
12 131
-
total
17 398
-
90 894
-
Employer

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

44 215
-
187 764
-
pensions
3 913
-
16 616
-
health
2 945
-
12 504
-
unemployment
27
-
112
-
total
6 885
-
29 232
-
Corporate
165 901
217 000
-
-
income
31 521
41 230
-
-
total
31 521
41 230
-
-
Dividends
134 380
175 770
-
-
withholding
20 157
26 365
-
-
total
20 157
26 365
-
-
Income
217 000
217 000
217 000
217 000
Total tax
75 961
67 595
120 126
115 416
After tax
141 039
149 405
96 874
101 584
Living cost
26 819
26 819
26 819
26 819
Free-cash
114 220
122 586
70 055
74 765

Estimated living cost  is ₽26819 per week

₽18406
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1719
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6176
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽106924
₽160838
₽41536
₽88983
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
217 000
social contributions
-
-
-
24 738
income
-
-
-
42 298
total
-
-
-
67 036
Employee
61 714
-
-
-
income
13 613
-
-
-
social contributions
5 061
-
721
-
total
18 674
-
721
-
Employer
61 714
-
-
-
social contributions
87 016
-
12 401
-
total
87 016
-
12 401
-
Corporate
68 270
217 000
-
-
income
15 019
47 740
-
-
total
15 019
47 740
-
-
Dividends
53 251
169 260
-
-
income
11 715
37 237
-
-
total
11 715
37 237
-
-
Income
217 000
217 000
217 000
217 000
Total tax
132 424
84 977
13 122
67 036
After tax
84 576
132 023
203 878
149 964
Living cost
43 040
43 040
43 040
43 040
Free-cash
41 536
88 983
160 838
106 924

Estimated living cost  is ₽43040 per week

₽27926
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4048
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10517
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82227
₽65577
₽91059
₽92067
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
217 000
social contributions

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

-
-
-
75 408
income
-
-
-
28 002
surtax
-
-
-
-
total
-
-
-
103 410
Employee
45 987
-
175 354
-
income
9 565
-
59 018
-
social contributions
5 059
-
19 290
-
surtax
-
-
106
-
total
14 624
-
78 414
-
Employer
45 987
-
175 354
-
social contributions
10 922
-
41 646
-
total
10 922
-
41 646
-
Corporate
160 091
217 000
-
-
surtax
-
-
-
-
income
33 619
45 570
-
-
total
33 619
45 570
-
-
Dividends
126 472
171 430
-
-
withholding
35 413
48 000
-
-
total
35 413
48 000
-
-
Income
217 000
217 000
217 000
217 000
Total tax
94 578
93 570
120 060
103 410
After tax
122 422
123 430
96 940
113 590
Living cost
31 363
31 363
31 363
31 363
Free-cash
91 059
92 067
65 577
82 227

Estimated living cost  is ₽31363 per week

₽23466
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.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5524
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71139
₽65290
₽67948
₽61073
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 727
social contributions
-
-
-
6 184
health
-
-
-
10 451
income
-
-
-
39 408
surtax
-
-
-
-
pensions
-
-
-
34 798
total
-
-
-
97 568
Employee
62 625
-
165 869
-
income
5 464
-
35 167
-
pensions
7 083
-
12 394
-
social contributions
1 784
-
4 725
-
surtax
-
-
-
-
total
14 331
-
52 286
-
Employer
62 625
-
165 869
-
pensions
10 290
-
20 713
-
other
2 161
-
6 837
-
health
4 383
-
16 367
-
unemployment
2 537
-
6 717
-
social contributions
188
-
497
-
total
19 559
-
51 131
-
Corporate
134 816
217 000
-
-
surtax
-
-
-
-
income
37 748
60 761
-
-
total
37 748
60 761
-
-
Dividends
97 068
156 239
-
-
surtax
-
-
-
-
social contributions
16 696
26 874
-
-
withholding
12 425
19 999
-
-
total
29 121
46 873
-
-
Income
217 000
217 000
217 000
217 000
Total tax
100 759
107 634
103 417
97 568
After tax
116 241
109 366
113 583
119 432
Living cost
48 293
48 293
48 293
48 293
Free-cash
67 948
61 073
65 290
71 139

Estimated living cost  is ₽48293 per week

₽32684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3951
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽662
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10996
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽128350
₽134116
₽161884
₽165244
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
47 740
income
-
-
-
10 854
total
-
-
-
58 594
Employee
32 145
-
187 879
-
social contributions
2 089
-
12 212
-
income
-
-
11 495
-
total
2 089
-
23 707
-
Employer
32 145
-
187 879
-
social contributions
4 983
-
29 121
-
total
4 983
-
29 121
-
Corporate
179 872
217 000
-
-
income
17 988
21 700
-
-
total
17 988
21 700
-
-
Dividends
161 884
195 300
-
-
total
-
-
-
-
Income
217 000
217 000
217 000
217 000
Total tax
25 060
21 700
52 828
58 594
After tax
191 940
195 300
164 172
158 406
Living cost
30 056
30 056
30 056
30 056
Free-cash
161 884
165 244
134 116
128 350

Estimated living cost  is ₽30056 per week

₽19434
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2266
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7791
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77453
-₽924
-₽924
-₽924
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
217 000
municipal
-
-
-
46 414
national
-
-
-
26 805
labour market
-
-
-
17 291
pensions
-
-
-
867
total
-
-
-
91 377
Employee
203 314
203 314
203 314
-
labour market
16 242
16 242
16 242
-
pensions
289
289
289
-
national
24 839
24 839
24 839
-
municipal
43 295
43 295
43 295
-
total
84 665
84 665
84 665
-
Employer
203 314
203 314
203 314
-
pensions
578
578
578
-
municipal
43 364
43 364
43 364
-
national
24 882
24 882
24 882
-
labour market
16 265
16 265
16 265
-
total
85 089
85 089
85 089
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
217 000
217 000
217 000
217 000
Total tax
169 754
169 754
169 754
91 377
After tax
47 246
47 246
47 246
125 623
Living cost
48 170
48 170
48 170
48 170
Free-cash
-924
-924
-924
77 453

Estimated living cost  is ₽48170 per week

₽32968
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4261
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽741
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10200
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽126601
₽97739
₽14266
-₽4014
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
369
accident
-
-
-
252
health
-
-
-
2 172
income
-
-
-
61 870
pensions
-
-
-
4 145
total
-
-
-
68 808
Employee
33 964
-
197 874
-
income
4 659
-
48 288
-
pensions
3 825
-
7 599
-
health
3 889
-
22 657
-
total
12 373
-
78 544
-
Employer
33 964
-
197 874
-
pensions
5 522
-
10 974
-
accident
567
-
3 304
-
unemployment
832
-
4 848
-
total
6 921
-
19 126
-
Corporate
176 115
217 000
-
-
income

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

158 503
195 300
-
-
total
158 503
195 300
-
-
Dividends
17 611
21 700
-
-
withholding
3 346
4 123
-
-
total
3 346
4 123
-
-
Income
217 000
217 000
217 000
217 000
Total tax
181 143
199 423
97 670
68 808
After tax
35 857
17 577
119 330
148 192
Living cost
21 591
21 591
21 591
21 591
Free-cash
14 266
-4 014
97 739
126 601

Estimated living cost  is ₽21591 per week

₽15716
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1231
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽405
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4239
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95637
₽70780
₽98139
₽95049
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
38 534
health
-
-
-
2 924
national
-
-
-
41 517
total
-
-
-
82 975
Employee
52 606
-
182 553
-
pensions
3 550
-
12 322
-
national
869
-
26 212
-
municipal
8 616
-
29 718
-
unemployment
789
-
2 738
-
health
393
-
2 395
-
total
14 217
-
73 385
-
Employer
52 606
-
182 553
-
pensions
9 127
-
31 673
-
accident
53
-
182
-
health
404
-
1 406
-
unemployment
342
-
1 186
-
total
9 926
-
34 447
-
Corporate
154 468
217 000
-
-
income
30 893
43 401
-
-
total
30 893
43 401
-
-
Dividends

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

92 682
130 199
-
-
municipal
16 683
23 436
-
-
national
8 754
16 726
-
-
total
25 437
40 162
-
-
Income
217 000
217 000
217 000
217 000
Total tax
80 473
83 563
107 832
82 975
After tax
136 527
133 437
109 168
134 025
Living cost
38 388
38 388
38 388
38 388
Free-cash
98 139
95 049
70 780
95 637

Estimated living cost  is ₽38388 per week

₽25075
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3692
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽611
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9011
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽123123
₽121325
₽129578
₽135022
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 178
health
-
-
-
5 533
income
-
-
-
49 016
total
-
-
-
70 727
Employee
76 887
76 887
204 608
-
income
8 372
7 117
48 048
-
social contributions
2 907
6 381
8 607
-
health
596
1 307
3 478
-
total
11 875
14 805
60 133
-
Employer
76 887
76 887
204 608
-
health
647
1 423
3 785
-
social contributions
2 907
6 381
8 607
-
total
3 554
7 804
12 392
-
Corporate
178 421
132 309
-
-
income
22 303
16 538
-
-
total
22 303
16 538
-
-
Dividends
156 119
115 771
-
-
withholding
26 540
19 681
-
-
total
26 540
19 681
-
-
Income
217 000
217 000
217 000
217 000
Total tax
64 272
58 828
72 525
70 727
After tax
152 728
158 172
144 475
146 273
Living cost
23 150
23 150
23 150
23 150
Free-cash
129 578
135 022
121 325
123 123

Estimated living cost  is ₽23150 per week

₽13874
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2271
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6493
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽168704
₽148647
₽158734
₽163822
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
28
health
-
-
-
3 618
income
-
-
-
22 415
pensions
-
-
-
6 360
total
-
-
-
32 421
Employee

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

22 951
-
207 228
-
income
1 569
-
19 937
-
pensions
3 442
-
14 231
-
unemployment
114
-
474
-
health
1 951
-
8 064
-
total
7 076
-
42 706
-
Employer

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

22 951
-
207 228
-
pensions
1 262
-
5 218
-
health
987
-
4 080
-
unemployment
114
-
474
-
total
2 363
-
9 772
-
Corporate
191 687
217 000
-
-
income
17 252
19 531
-
-
total
17 252
19 531
-
-
Dividends
174 435
197 469
-
-
withholding
15 700
17 772
-
-
total
15 700
17 772
-
-
Income
217 000
217 000
217 000
217 000
Total tax
42 391
37 303
52 478
32 421
After tax
174 609
179 697
164 522
184 579
Living cost
15 875
15 875
15 875
15 875
Free-cash
158 734
163 822
148 647
168 704

Estimated living cost  is ₽15875 per week

₽10129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1144
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4129
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93826
₽89631
₽112240
₽116656
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
93
unemployment
-
-
-
649
accident
-
-
-
835
income
-
-
-
67 874
pensions
-
-
-
26 227
total
-
-
-
95 678
Employee
36 972
-
187 454
-
income
7 128
-
64 441
-
pensions
1 738
-
4 357
-
unemployment
573
-
1 436
-
other
36
-
93
-
total
9 475
-
70 327
-
Employer
36 972
-
187 454
-
pensions
8 725
-
21 872
-
other
296
-
742
-
accident
732
-
1 835
-
unemployment
2 034
-
5 097
-
total
11 787
-
29 546
-
Corporate
168 241
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.

25 236
32 549
-
-
total
25 236
32 549
-
-
Dividends
143 005
184 451
-
-
withholding
30 766
40 299
-
-
total
30 766
40 299
-
-
Income
217 000
217 000
217 000
217 000
Total tax
77 264
72 848
99 873
95 678
After tax
139 736
144 152
117 127
121 322
Living cost
27 496
27 496
27 496
27 496
Free-cash
112 240
116 656
89 631
93 826

Estimated living cost  is ₽27496 per week

₽18559
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2643
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽482
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5812
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽136704
₽136508
₽132220
₽132670
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
217 000
health
-
-
-
1 448
income
-
-
-
74 113
pensions
-
-
-
1 997
total
-
-
-
77 558
Employee
4 171
-
214 753
-
income
807
-
74 008
-
pensions
375
-
899
-
unemployment
42
-
100
-
health
209
-
499
-
total
1 433
-
75 506
-
Employer
4 171
-
214 753
-
pensions
459
-
1 099
-
health
396
-
949
-
unemployment
83
-
200
-
total
938
-
2 248
-
Corporate
211 891
217 000
-
-
income
46 616
47 740
-
-
total
46 616
47 740
-
-
Dividends
165 275
169 260
-
-
withholding
33 055
33 852
-
-
total
33 055
33 852
-
-
Income
217 000
217 000
217 000
217 000
Total tax
82 042
81 592
77 754
77 558
After tax
134 958
135 408
139 246
139 442
Living cost
2 738
2 738
2 738
2 738
Free-cash
132 220
132 670
136 508
136 704

Estimated living cost  is ₽2738 per week

₽1627
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽222
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽63
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽826
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽121700
₽121700
₽134569
₽139490
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
1 108
health
-
-
-
7 612
income
-
-
-
50 073
pensions
-
-
-
19 214
total
-
-
-
78 007
Employee

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

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

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

26 076
-
203 772
-
income
3 594
-
50 073
-
pensions
3 651
-
10 346
-
unemployment
196
-
554
-
health
1 343
-
3 806
-
total
8 784
-
64 779
-
Employer

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

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

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

26 076
-
203 772
-
pensions
3 129
-
8 868
-
health
1 343
-
3 806
-
unemployment
196
-
554
-
total
4 668
-
13 228
-
Corporate
186 256
217 000
-
-
income
27 938
32 550
-
-
total
27 938
32 550
-
-
Dividends
158 318
184 450
-
-
withholding
23 748
27 667
-
-
total
23 748
27 667
-
-
Income
217 000
217 000
217 000
217 000
Total tax
65 138
60 217
78 007
78 007
After tax
151 862
156 783
138 993
138 993
Living cost
17 293
17 293
17 293
17 293
Free-cash
134 569
139 490
121 700
121 700

Estimated living cost  is ₽17293 per week

₽11643
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1338
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3811
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86634
₽69984
₽96113
₽96474
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
217 000
social contributions

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

-
-
-
75 408
income
-
-
-
28 002
surtax
-
-
-
-
total
-
-
-
103 410
Employee
38 808
-
175 354
-
income
7 583
-
59 018
-
social contributions
4 269
-
19 290
-
surtax
-
-
106
-
total
11 852
-
78 414
-
Employer
38 808
-
175 354
-
social contributions
9 216
-
41 646
-
total
9 216
-
41 646
-
Corporate
168 976
217 000
-
-
surtax
-
-
-
-
income
35 485
45 570
-
-
total
35 485
45 570
-
-
Dividends
133 491
171 430
-
-
withholding
37 378
48 000
-
-
total
37 378
48 000
-
-
Income
217 000
217 000
217 000
217 000
Total tax
93 931
93 570
120 060
103 410
After tax
123 069
123 430
96 940
113 590
Living cost
26 956
26 956
26 956
26 956
Free-cash
96 113
96 474
69 984
86 634

Estimated living cost  is ₽26956 per week

₽19092
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1873
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.
₽5514
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86182
₽81987
₽102471
₽109012
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
93
unemployment
-
-
-
649
accident
-
-
-
835
income
-
-
-
67 874
pensions
-
-
-
26 227
total
-
-
-
95 678
Employee
48 290
-
187 454
-
income
10 086
-
64 441
-
pensions
2 269
-
4 357
-
unemployment
748
-
1 436
-
other
47
-
93
-
total
13 150
-
70 327
-
Employer
48 290
-
187 454
-
pensions
11 396
-
21 872
-
other
387
-
742
-
accident
956
-
1 835
-
unemployment
2 656
-
5 097
-
total
15 395
-
29 546
-
Corporate
153 314
217 000
-
-
income

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

22 997
32 549
-
-
total
22 997
32 549
-
-
Dividends
130 317
184 451
-
-
withholding
27 847
40 299
-
-
total
27 847
40 299
-
-
Income
217 000
217 000
217 000
217 000
Total tax
79 389
72 848
99 873
95 678
After tax
137 611
144 152
117 127
121 322
Living cost
35 140
35 140
35 140
35 140
Free-cash
102 471
109 012
81 987
86 182

Estimated living cost  is ₽35140 per week

₽25236
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2732
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6677
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽157929
₽166881
₽162246
₽168338
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
140
health
-
-
-
4 016
income
-
-
-
32 550
pensions

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

-
-
-
5 168
total
-
-
-
41 874
Employee
22 772
-
210 149
-
income
2 278
-
21 015
-
pensions

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

1 999
-
3 066
-
health
1 048
-
1 606
-
accident

We are using the highest rate at 1.1%.

250
-
384
-
total
5 575
-
26 071
-
Employer
22 772
-
210 149
-
pensions

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

2 509
-
3 848
-
accident

We are using the highest rate at 1.1%.

250
-
384
-
health
1 571
-
2 409
-
unemployment
137
-
210
-
total
4 467
-
6 851
-
Corporate
189 760
217 000
-
-
income
18 976
21 700
-
-
total
18 976
21 700
-
-
Dividends
170 784
195 300
-
-
withholding
8 539
9 765
-
-
total
8 539
9 765
-
-
Income
217 000
217 000
217 000
217 000
Total tax
37 557
31 465
32 922
41 874
After tax
179 443
185 535
184 078
175 126
Living cost
17 197
17 197
17 197
17 197
Free-cash
162 246
168 338
166 881
157 929

Estimated living cost  is ₽17197 per week

₽11374
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽985
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽410
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4429
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71550
₽96018
₽86090
₽73010
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
24 468
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.

-
-
-
6 831
income

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

-
-
-
71 609
surtax

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

-
-
-
3 939
total
-
-
-
106 847
Employee

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

49 751
-
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.

226
-
3 939
-
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.

4 091
-
71 609
-
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.

6 831
-
6 831
-
total
11 148
-
82 379
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
167 249
217 000
-
-
trade
24 001
31 139
-
-
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.

1 379
1 789
-
-
income
25 087
32 549
-
-
chamber of commerce
397
471
-
-
total
50 864
65 948
-
-
Dividends
116 386
151 051
-
-
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.

1 579
2 057
-
-
withholding
28 716
37 382
-
-
total
30 295
39 439
-
-
Income
217 000
217 000
217 000
217 000
Total tax
92 307
105 387
82 379
106 847
After tax
124 693
111 613
134 621
110 153
Living cost
38 603
38 603
38 603
38 603
Free-cash
86 090
73 010
96 018
71 550

Estimated living cost  is ₽38603 per week

₽26629
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽560
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7260
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52618
₽52618
₽97148
₽94942
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
37 151
income
-
-
-
70 273
total
-
-
-
107 424
Employee
78 213
-
217 000
-
social contributions
6 498
-
37 151
-
income
14 759
-
70 273
-
total
21 257
-
107 424
-
Employer
78 213
-
217 000
-
total
-
-
-
-
Corporate
138 787
217 000
-
-
income
17 349
27 124
-
-
total
17 349
27 124
-
-
Dividends
121 438
189 876
-
-
withholding
24 288
37 976
-
-
total
24 288
37 976
-
-
Income
217 000
217 000
217 000
217 000
Total tax
62 894
65 100
107 424
107 424
After tax
154 106
151 900
109 576
109 576
Living cost
56 958
56 958
56 958
56 958
Free-cash
97 148
94 942
52 618
52 618

Estimated living cost  is ₽56958 per week

₽43333
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4641
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8440
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽141480
₽115502
₽102965
₽99471
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health

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

-
-
-
6 675
income
-
-
-
32 549
total
-
-
-
39 224
Employee
45 869
-
212 401
-
social contributions
4 596
-
4 599
-
income
4 977
-
56 004
-
total
9 573
-
60 603
-
Employer
45 869
-
212 401
-
social contributions
4 596
-
4 599
-
total
4 596
-
4 599
-
Corporate
166 535
217 000
-
-
income
58 287
75 950
-
-
total
58 287
75 950
-
-
Dividends
108 249
141 050
-
-
social contributions
5 283
5 283
-
-
total
5 283
5 283
-
-
Income
217 000
217 000
217 000
217 000
Total tax
77 739
81 233
65 202
39 224
After tax
139 261
135 767
151 798
177 776
Living cost
36 296
36 296
36 296
36 296
Free-cash
102 965
99 471
115 502
141 480

Estimated living cost  is ₽36296 per week

₽23908
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2861
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.
₽8969
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽103550
₽84130
₽106350
₽100394
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
217 000
income
-
-
-
66 253
pensions
-
-
-
9 845
total
-
-
-
76 098
Employee
51 271
-
189 193
-
income
9 337
-
53 306
-
pensions
3 913
-
11 818
-
health
669
-
2 587
-
total
13 919
-
67 711
-
Employer
51 271
-
189 193
-
pensions
5 180
-
24 213
-
health
974
-
3 594
-
total
6 154
-
27 807
-
Corporate
159 574
217 000
-
-
income

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

30 318
41 230
-
-
total
30 318
41 230
-
-
Dividends
129 256
175 770
-
-
withholding
22 907
38 024
-
-
total
22 907
38 024
-
-
Income
217 000
217 000
217 000
217 000
Total tax
73 298
79 254
95 518
76 098
After tax
143 702
137 746
121 482
140 902
Living cost
37 352
37 352
37 352
37 352
Free-cash
106 350
100 394
84 130
103 550

Estimated living cost  is ₽37352 per week

₽25623
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3435
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.
₽7824
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽124464
₽95602
₽13938
-₽6151
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
369
accident
-
-
-
252
health
-
-
-
2 172
income
-
-
-
61 870
pensions
-
-
-
4 145
total
-
-
-
68 808
Employee
37 325
-
197 874
-
income
5 121
-
48 288
-
pensions
4 203
-
7 599
-
health
4 274
-
22 657
-
total
13 598
-
78 544
-
Employer
37 325
-
197 874
-
pensions
6 069
-
10 974
-
accident
623
-
3 304
-
unemployment
914
-
4 848
-
total
7 606
-
19 126
-
Corporate
172 068
217 000
-
-
income

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

154 861
195 300
-
-
total
154 861
195 300
-
-
Dividends
17 207
21 700
-
-
withholding
3 269
4 123
-
-
total
3 269
4 123
-
-
Income
217 000
217 000
217 000
217 000
Total tax
179 334
199 423
97 670
68 808
After tax
37 666
17 577
119 330
148 192
Living cost
23 728
23 728
23 728
23 728
Free-cash
13 938
-6 151
95 602
124 464

Estimated living cost  is ₽23728 per week

₽17414
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1383
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.
₽4454
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽123145
₽145123
₽149480
₽152504
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
work injury
-
-
-
799
unemployment
-
-
-
1 918
income
-
-
-
36 397
health insurance
-
-
-
11 829
pensions
-
-
-
29 411
total
-
-
-
80 354
Employee

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

21 601
-
217 000
-
income
2 160
-
36 397
-
work injury
108
-
400
-
pensions
3 975
-
14 706
-
unemployment
259
-
959
-
health insurance
1 598
-
5 914
-
total
8 100
-
58 376
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
195 399
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%.

19 540
21 700
-
-
total
19 540
21 700
-
-
Dividends
175 859
195 300
-
-
withholding
26 379
29 295
-
-
total
26 379
29 295
-
-
Income
217 000
217 000
217 000
217 000
Total tax
54 019
50 995
58 376
80 354
After tax
162 981
166 005
158 624
136 646
Living cost
13 501
13 501
13 501
13 501
Free-cash
149 480
152 504
145 123
123 145

Estimated living cost  is ₽13501 per week

₽8364
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽981
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽421
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3735
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61562
₽53350
₽69918
₽74468
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
50 044
municipal
-
-
-
1 503
national
-
-
-
58 831
regional
-
-
-
5 227
total
-
-
-
115 605
Employee
84 257
-
217 000
-
national
14 239
-
52 139
-
social contributions
28 411
-
65 609
-
municipal
503
-
1 362
-
regional
1 272
-
4 707
-
total
44 425
-
123 817
-
Employer
84 257
-
217 000
-
total
-
-
-
-
Corporate
132 743
217 000
-
-
nationa
31 859
52 080
-
-
municipal
6 398
10 459
-
-
total
38 257
62 539
-
-
Dividends
94 486
154 461
-
-
withholding
24 567
40 160
-
-
total
24 567
40 160
-
-
Income
217 000
217 000
217 000
217 000
Total tax
107 249
102 699
123 817
115 605
After tax
109 751
114 301
93 183
101 395
Living cost
39 833
39 833
39 833
39 833
Free-cash
69 918
74 468
53 350
61 562

Estimated living cost  is ₽39833 per week

₽27980
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2740
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽601
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8510
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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