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
₽ 220000
per

Your estimated
City
free-cash

Dresden , Germany
₽80325
₽91489
₽78594
₽105854
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
220 000
trade
-
-
-
27 260
income

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

-
-
-
72 689
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.

-
-
-
6 894
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.

-
-
-
3 998
total
-
-
-
110 841
Employee

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

38 597
-
220 000
-
health

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

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

6 894
-
6 894
-
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
-
3 998
-
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.

1 078
-
72 689
-
total
8 031
-
83 581
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
181 403
220 000
-
-
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.

1 496
1 815
-
-
income
27 210
32 999
-
-
trade
28 572
34 650
-
-
chamber of commerce
414
469
-
-
total
57 692
69 933
-
-
Dividends
123 712
150 067
-
-
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.

1 679
2 043
-
-
withholding
30 544
37 134
-
-
total
32 223
39 177
-
-
Income
220 000
220 000
220 000
220 000
Total tax
97 946
109 110
83 581
110 841
After tax
122 054
110 890
136 419
109 159
Living cost
30 565
30 565
30 565
30 565
Free-cash
91 489
80 325
105 854
78 594

Estimated living cost  is ₽30565 per week

₽19226
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3564
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.
₽7204
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86290
₽85441
₽74791
₽75971
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
220 000
municipal
-
-
-
24 404
pensions
-
-
-
26 400
national
-
-
-
41 050
social contributions
-
-
-
2 365
total
-
-
-
94 219
Employee
79 044
-
190 188
-
municipal
9 763
-
25 256
-
pensions
3 162
-
7 608
-
national
15 129
-
42 915
-
total
28 054
-
75 779
-
Employer
79 044
-
190 188
-
social contributions
850
-
2 045
-
pensions
6 324
-
15 215
-
total
7 174
-
17 260
-
Corporate
128 566
220 000
-
-
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%.

25 713
44 000
-
-
total
25 713
44 000
-
-
Dividends
102 853
176 000
-
-
withholding
22 628
38 720
-
-
total
22 628
38 720
-
-
Income
220 000
220 000
220 000
220 000
Total tax
83 569
82 720
93 039
94 219
After tax
136 431
137 280
126 961
125 781
Living cost
50 990
50 990
50 990
50 990
Free-cash
85 441
86 290
75 971
74 791

Estimated living cost  is ₽50990 per week

₽34657
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4740
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽763
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10830
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽155005
₽146728
₽58554
₽74286
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
220 000
microenterprise
-
-
-
-
income
-
-
-
45 688
surtax
-
-
-
56 100
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.

-
-
-
38 664
total
-
-
-
140 452
Employee
29 487
-
172 097
-
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.

3 244
-
13 229
-
surtax
-
-
24 954
-
income
5 249
-
38 633
-
total
8 493
-
76 816
-
Employer
29 487
-
172 097
-
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.

7 103
-
28 972
-
surtax
-
-
18 932
-
total
7 103
-
47 904
-
Corporate
183 410
220 000
-
-
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%.

36 682
44 001
-
-
total
36 682
44 001
-
-
Dividends

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

146 729
175 999
-
-
total
-
-
-
-
Income
220 000
220 000
220 000
220 000
Total tax
52 278
44 001
124 720
140 452
After tax
167 722
175 999
95 280
79 548
Living cost
20 994
20 994
20 994
20 994
Free-cash
146 728
155 005
74 286
58 554

Estimated living cost  is ₽20994 per week

₽13393
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1999
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5125
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67276
₽61096
₽76245
₽98439
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
220 000
income
-
-
-
77 215
pensions
-
-
-
11 823
health
-
-
-
12 444
total
-
-
-
101 482
Employee
86 174
86 174
201 247
-
health
13 227
11 251
12 444
-
income

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

14 105
14 105
36 267
-
pensions
15 511
11 823
11 823
-
total
42 843
37 179
60 534
-
Employer
86 174
86 174
201 247
-
unemployment
3 102
3 102
3 855
-
pensions
5 998
5 998
7 455
-
health
5 990
5 990
7 444
-
total
15 090
15 090
18 754
-
Corporate
119 793
118 735
-
-
income
23 958
23 748
-
-
total
23 958
23 748
-
-
Dividends
95 834
94 988
-
-
income
20 364
20 186
-
-
withholding
14 376
14 248
-
-
total
34 740
34 434
-
-
Income
220 000
220 000
220 000
220 000
Total tax
116 631
110 451
79 288
101 482
After tax
103 369
109 549
140 712
118 518
Living cost
42 273
42 273
42 273
42 273
Free-cash
61 096
67 276
98 439
76 245

Estimated living cost  is ₽42273 per week

₽29958
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3811
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽672
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7832
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81131
₽80255
₽71027
₽70080
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
220 000
municipal
-
-
-
58 222
accident
-
-
-
171
pensions
-
-
-
9 237
other
-
-
-
9 929
unemployment
-
-
-
85
health
-
-
-
5 332
national
-
-
-
27 008
total
-
-
-
109 984
Employee
55 556
-
193 151
-
municipal
16 567
-
57 598
-
national
-
-
26 485
-
total
16 567
-
84 083
-
Employer
55 556
-
193 151
-
accident
111
-
171
-
other
6 456
-
9 929
-
unemployment
1 467
-
2 256
-
pensions
6 006
-
9 237
-
health
3 417
-
5 255
-
total
17 457
-
26 848
-
Corporate
146 988
220 000
-
-
income
32 337
48 400
-
-
total
32 337
48 400
-
-
Dividends
114 651
171 600
-
-
withholding
34 395
51 480
-
-
total
34 395
51 480
-
-
Income
220 000
220 000
220 000
220 000
Total tax
100 756
99 880
110 931
109 984
After tax
119 244
120 120
109 069
110 016
Living cost
38 989
38 989
38 989
38 989
Free-cash
80 255
81 131
70 080
71 027

Estimated living cost  is ₽38989 per week

₽25841
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3826
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8731
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70121
₽84299
₽68305
₽96777
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
220 000
trade
-
-
-
28 472
income

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

-
-
-
72 689
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.

-
-
-
6 894
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.

-
-
-
3 998
total
-
-
-
112 053
Employee

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

51 174
-
220 000
-
health

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

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

6 894
-
6 894
-
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.

241
-
3 998
-
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.

4 397
-
72 689
-
total
11 532
-
83 581
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
168 826
220 000
-
-
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.

1 392
1 815
-
-
income
25 324
32 999
-
-
trade
27 771
36 189
-
-
chamber of commerce
393
465
-
-
total
54 880
71 468
-
-
Dividends
113 946
148 531
-
-
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.

1 545
2 020
-
-
withholding
28 102
36 749
-
-
total
29 647
38 769
-
-
Income
220 000
220 000
220 000
220 000
Total tax
96 059
110 237
83 581
112 053
After tax
123 941
109 763
136 419
107 947
Living cost
39 642
39 642
39 642
39 642
Free-cash
84 299
70 121
96 777
68 305

Estimated living cost  is ₽39642 per week

₽26513
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4180
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8357
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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
₽127623
₽123437
₽115522
₽113704
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
220 000
income
-
-
-
49 809
health
-
-
-
5 611
social contributions
-
-
-
16 327
total
-
-
-
71 747
Employee
77 596
77 596
207 476
-
social contributions
3 771
6 440
8 686
-
health
772
1 319
3 527
-
income
8 148
7 183
48 828
-
total
12 691
14 942
61 041
-
Employer
77 596
77 596
207 476
-
social contributions
3 771
6 440
8 686
-
health
841
1 436
3 838
-
total
4 612
7 876
12 524
-
Corporate
169 967
134 527
-
-
income
21 247
16 816
-
-
total
21 247
16 816
-
-
Dividends
148 721
117 712
-
-
withholding
25 282
20 012
-
-
total
25 282
20 012
-
-
Income
220 000
220 000
220 000
220 000
Total tax
63 832
59 646
73 565
71 747
After tax
156 168
160 354
146 435
148 253
Living cost
32 731
32 731
32 731
32 731
Free-cash
123 437
127 623
113 704
115 522

Estimated living cost  is ₽32731 per week

₽22375
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2557
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7250
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽105161
₽105541
₽134070
₽109200
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
220 000
income
-
-
-
26 895
pensions
-
-
-
22 000
unemployment
-
-
-
3 300
health
-
-
-
15 400
total
-
-
-
67 595
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.

26 467
10 533
184 100
-
health
1 853
737
12 887
-
income
3 236
1 288
22 506
-
pensions
2 647
1 053
18 410
-
unemployment
397
158
2 762
-
total
8 133
3 236
56 565
-
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.

26 467
10 533
184 100
-
pensions
5 161
2 054
35 900
-
total
5 161
2 054
35 900
-
Corporate
188 372
207 413
-
-
income
16 954
18 667
-
-
total
16 954
18 667
-
-
Dividends
171 419
188 746
-
-
social contributions
33 306
36 685
-
-
withholding
32 570
35 862
-
-
total
65 876
72 547
-
-
Income
220 000
220 000
220 000
220 000
Total tax
96 124
96 504
92 465
67 595
After tax
123 876
123 496
127 535
152 405
Living cost
18 335
18 335
18 335
18 335
Free-cash
105 541
105 161
109 200
134 070

Estimated living cost  is ₽18335 per week

₽12512
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1500
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽366
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3956
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽151625
₽145356
₽93548
₽102431
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
220 000
income
-
-
-
29 479
pensions
-
-
-
43 999
health
-
-
-
28 600
total
-
-
-
102 078
Employee
28 627
-
164 425
-
income
3 223
-
31 701
-
pensions
573
-
3 288
-
unemployment
458
-
2 631
-
total
4 254
-
37 620
-
Employer
28 627
-
164 425
-
unemployment
230
-
1 316
-
pensions
5 726
-
32 884
-
health
3 721
-
21 375
-
total
9 677
-
55 575
-
Corporate
181 697
220 000
-
-
income
36 339
44 001
-
-
total
36 339
44 001
-
-
Dividends
145 358
175 999
-
-
total
-
-
-
-
Income
220 000
220 000
220 000
220 000
Total tax
50 270
44 001
93 195
102 078
After tax
169 730
175 999
126 805
117 922
Living cost
24 374
24 374
24 374
24 374
Free-cash
145 356
151 625
102 431
93 548

Estimated living cost  is ₽24374 per week

₽16718
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1452
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5714
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4251
₽14434
₽128166
₽98950
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
220 000
accident
-
-
-
253
income
-
-
-
62 776
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
69 763
Employee
34 719
-
200 679
-
health
3 975
-
22 978
-
income
4 763
-
49 027
-
pensions
3 909
-
7 654
-
total
12 647
-
79 659
-
Employer
34 719
-
200 679
-
accident
580
-
3 351
-
unemployment
851
-
4 916
-
pensions
5 646
-
11 053
-
total
7 077
-
19 320
-
Corporate
178 206
220 000
-
-
income

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

160 385
198 000
-
-
total
160 385
198 000
-
-
Dividends
17 821
22 000
-
-
withholding
3 386
4 180
-
-
total
3 386
4 180
-
-
Income
220 000
220 000
220 000
220 000
Total tax
183 495
202 180
98 979
69 763
After tax
36 505
17 820
121 021
150 237
Living cost
22 071
22 071
22 071
22 071
Free-cash
14 434
-4 251
98 950
128 166

Estimated living cost  is ₽22071 per week

₽16176
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1223
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.
₽4212
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽199921
₽198219
₽208721
₽166921
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
220 000
microenterprise

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

-
-
-
2 200
total
-
-
-
2 200
Employee
11 349
-
220 000
-
income
2 269
-
44 000
-
total
2 269
-
44 000
-
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%.

208 651
220 000
-
-
total
-
-
-
-
Dividends
208 651
220 000
-
-
withholding
10 433
11 000
-
-
total
10 433
11 000
-
-
Income
220 000
220 000
220 000
220 000
Total tax
12 702
11 000
44 000
2 200
After tax
207 298
209 000
176 000
217 800
Living cost
9 079
9 079
9 079
9 079
Free-cash
198 219
199 921
166 921
208 721

Estimated living cost  is ₽9079 per week

₽5627
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽755
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽250
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2448
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽134746
₽127930
₽104229
₽102393
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
220 000
income
-
-
-
38 013
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.

-
-
-
36 829
other
-
-
-
7 288
health
-
-
-
6 752
total
-
-
-
88 882
Employee
36 640
-
181 109
-
health
513
-
2 149
-
income
6 308
-
37 402
-
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.

2 564
-
10 741
-
unemployment
366
-
1 534
-
total
9 751
-
51 826
-
Employer
36 640
-
181 109
-
accident
293
-
1 450
-
other
1 833
-
7 671
-
unemployment
366
-
1 534
-
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.

6 229
-
26 088
-
health
513
-
2 149
-
total
9 234
-
38 892
-
Corporate
174 126
220 000
-
-
income
36 567
46 199
-
-
total
36 567
46 199
-
-
Dividends
137 559
173 801
-
-
withholding
9 629
12 166
-
-
total
9 629
12 166
-
-
Income
220 000
220 000
220 000
220 000
Total tax
65 181
58 365
90 718
88 882
After tax
154 819
161 635
129 282
131 118
Living cost
26 889
26 889
26 889
26 889
Free-cash
127 930
134 746
102 393
104 229

Estimated living cost  is ₽26889 per week

₽18999
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1815
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽433
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5642
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71799
₽79950
₽75039
₽55355
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
220 000
income
-
-
-
67 297
pensions
-
-
-
9 942
total
-
-
-
77 239
Employee
95 816
-
191 799
-
health
1 579
-
2 619
-
income
17 272
-
54 177
-
pensions
9 244
-
11 925
-
total
28 095
-
68 721
-
Employer
95 816
-
191 799
-
pensions
11 313
-
24 558
-
health
1 820
-
3 644
-
total
13 133
-
28 202
-
Corporate
111 051
220 000
-
-
income

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

21 099
41 800
-
-
total
21 099
41 800
-
-
Dividends
89 952
178 200
-
-
withholding
10 001
38 679
-
-
total
10 001
38 679
-
-
Income
220 000
220 000
220 000
220 000
Total tax
72 328
80 479
96 923
77 239
After tax
147 672
139 521
123 077
142 761
Living cost
67 722
67 722
67 722
67 722
Free-cash
79 950
71 799
55 355
75 039

Estimated living cost  is ₽67722 per week

₽50745
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7957
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8470
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽174861
₽170171
₽164344
₽173425
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
220 000
income
-
-
-
33 000
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
42 417
Employee
17 531
-
213 080
-
health
806
-
1 622
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
income
1 753
-
21 308
-
pensions

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

1 539
-
3 097
-
total
4 291
-
26 415
-
Employer
17 531
-
213 080
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
unemployment
105
-
212
-
pensions

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

1 932
-
3 887
-
health
1 210
-
2 434
-
total
3 440
-
6 921
-
Corporate
199 029
220 000
-
-
income
19 903
22 000
-
-
total
19 903
22 000
-
-
Dividends
179 126
198 000
-
-
withholding
8 956
9 900
-
-
total
8 956
9 900
-
-
Income
220 000
220 000
220 000
220 000
Total tax
36 590
31 900
33 336
42 417
After tax
183 410
188 100
186 664
177 583
Living cost
13 239
13 239
13 239
13 239
Free-cash
170 171
174 861
173 425
164 344

Estimated living cost  is ₽13239 per week

₽7729
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽945
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽351
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4214
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53592
₽56133
₽62561
₽84755
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
220 000
income
-
-
-
77 215
pensions
-
-
-
11 823
health
-
-
-
12 444
total
-
-
-
101 482
Employee
93 558
86 174
201 247
-
health
11 672
11 251
12 444
-
income

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

14 105
14 105
36 267
-
pensions
11 823
11 823
11 823
-
total
37 600
37 179
60 534
-
Employer
93 558
86 174
201 247
-
unemployment
3 368
3 102
3 855
-
pensions
6 511
5 998
7 455
-
health
6 501
5 990
7 444
-
total
16 380
15 090
18 754
-
Corporate
110 061
118 735
-
-
income
22 013
23 748
-
-
total
22 013
23 748
-
-
Dividends
88 049
94 988
-
-
income
18 709
20 186
-
-
withholding
13 208
14 248
-
-
total
31 917
34 434
-
-
Income
220 000
220 000
220 000
220 000
Total tax
107 910
110 451
79 288
101 482
After tax
112 090
109 549
140 712
118 518
Living cost
55 957
55 957
55 957
55 957
Free-cash
56 133
53 592
84 755
62 561

Estimated living cost  is ₽55957 per week

₽41278
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4998
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽642
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9041
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽127303
₽118680
₽105479
₽95879
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
220 000
income
-
-
-
23 329
health
-
-
-
29 700
solidarity contribution
-
-
-
2 550
social contributions
-
-
-
34 775
total
-
-
-
90 354
Employee
35 540
-
174 520
-
social contributions
2 310
-
7 741
-
health
4 798
-
23 560
-
solidarity contribution
-
-
1 689
-
income
4 265
-
21 483
-
total
11 373
-
54 473
-
Employer
35 540
-
174 520
-
social contributions
8 885
-
29 774
-
health
3 199
-
15 707
-
total
12 084
-
45 481
-
Corporate
172 377
220 000
-
-
income
32 752
41 800
-
-
total
32 752
41 800
-
-
Dividends
139 625
178 200
-
-
withholding
20 944
26 730
-
-
total
20 944
26 730
-
-
Income
220 000
220 000
220 000
220 000
Total tax
77 153
68 530
99 954
90 354
After tax
142 847
151 470
120 046
129 646
Living cost
24 167
24 167
24 167
24 167
Free-cash
118 680
127 303
95 879
105 479

Estimated living cost  is ₽24167 per week

₽16787
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.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5186
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74799
₽69530
₽63005
₽54451
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
220 000
municipal
-
-
-
1 356
regional
-
-
-
2 749
national
-
-
-
59 803
social contributions
-
-
-
50 506
total
-
-
-
114 414
Employee
89 684
-
220 000
-
social contributions
30 241
-
66 215
-
regional
846
-
2 475
-
municipal
475
-
1 229
-
national
15 540
-
53 049
-
total
47 102
-
122 968
-
Employer
89 684
-
220 000
-
total
-
-
-
-
Corporate
130 316
220 000
-
-
nationa
31 276
52 800
-
-
municipal
5 082
8 579
-
-
total
36 358
61 379
-
-
Dividends
93 958
158 621
-
-
withholding
24 429
41 241
-
-
total
24 429
41 241
-
-
Income
220 000
220 000
220 000
220 000
Total tax
107 889
102 620
122 968
114 414
After tax
112 111
117 380
97 032
105 586
Living cost
42 581
42 581
42 581
42 581
Free-cash
69 530
74 799
54 451
63 005

Estimated living cost  is ₽42581 per week

₽29682
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2792
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽653
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9452
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽116111
₽112970
₽81281
₽75110
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
220 000
income
-
-
-
68 302
pensions
-
-
-
26 936
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
9 562
surtax
-
-
-
11 421
total
-
-
-
116 451
Employee
33 371
-
191 651
-
other
-
-
-
-
health
852
-
3 434
-
surtax
109
-
10 215
-
income
5 594
-
62 266
-
pensions
2 225
-
8 983
-
unemployment
2 323
-
9 374
-
total
11 103
-
94 272
-
Employer
33 371
-
191 651
-
other
-
-
-
-
unemployment
1 057
-
4 269
-
pensions
4 449
-
17 953
-
health
1 519
-
6 128
-
total
7 025
-
28 350
-
Corporate
179 605
220 000
-
-
income
46 697
57 201
-
-
total
46 697
57 201
-
-
Dividends
132 908
162 799
-
-
withholding
19 937
24 420
-
-
total
19 937
24 420
-
-
Income
220 000
220 000
220 000
220 000
Total tax
84 762
81 621
122 622
116 451
After tax
135 238
138 379
97 378
103 549
Living cost
22 268
22 268
22 268
22 268
Free-cash
112 970
116 111
75 110
81 281

Estimated living cost  is ₽22268 per week

₽13616
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2055
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6084
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93255
₽99942
₽96495
₽76811
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
220 000
income
-
-
-
67 297
pensions
-
-
-
9 942
total
-
-
-
77 239
Employee
64 213
-
191 799
-
health
932
-
2 619
-
income
11 565
-
54 177
-
pensions
5 450
-
11 925
-
total
17 947
-
68 721
-
Employer
64 213
-
191 799
-
pensions
6 951
-
24 558
-
health
1 220
-
3 644
-
total
8 171
-
28 202
-
Corporate
147 616
220 000
-
-
income

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

28 048
41 800
-
-
total
28 048
41 800
-
-
Dividends
119 568
178 200
-
-
withholding
19 626
38 679
-
-
total
19 626
38 679
-
-
Income
220 000
220 000
220 000
220 000
Total tax
73 792
80 479
96 923
77 239
After tax
146 208
139 521
123 077
142 761
Living cost
46 266
46 266
46 266
46 266
Free-cash
99 942
93 255
76 811
96 495

Estimated living cost  is ₽46266 per week

₽34662
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3468
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7651
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽24334
₽56964
₽98479
₽90296
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
220 000
city
-
-
-
2 319
pensions
-
-
-
20 238
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.

-
-
-
4 399
regional
-
-
-
12 241
health
-
-
-
496
national
-
-
-
5 562
total
-
-
-
45 255
Employee
89 251
-
197 922
-
city
958
-
2 139
-
regional
2 923
-
10 885
-
health
202
-
445
-
pensions
7 498
-
15 498
-
unemployment
-
-
-
-
national
422
-
4 569
-
total
12 003
-
33 536
-
Employer
89 251
-
197 922
-
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.

1 784
-
3 959
-
unemployment
-
-
-
-
pensions
7 498
-
15 498
-
health
202
-
445
-
total
9 484
-
19 902
-
Corporate
120 283
220 000
-
-
regional
25 441
46 529
-
-
national
10 225
18 701
-
-
total
35 666
65 230
-
-
Dividends
84 618
154 770
-
-
withholding
29 617
54 170
-
-
total
29 617
54 170
-
-
Income
220 000
220 000
220 000
220 000
Total tax
86 770
119 400
53 438
45 255
After tax
133 230
100 600
166 562
174 745
Living cost
76 266
76 266
76 266
76 266
Free-cash
56 964
24 334
90 296
98 479

Estimated living cost  is ₽76266 per week

₽49595
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6844
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽936
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18891
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽62401
₽78763
₽60507
₽90191
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
220 000
trade
-
-
-
29 684
income

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

-
-
-
72 689
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.

-
-
-
6 894
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.

-
-
-
3 998
total
-
-
-
113 265
Employee

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

60 646
-
220 000
-
health

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

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

6 894
-
6 894
-
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.

393
-
3 998
-
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.

7 131
-
72 689
-
total
14 418
-
83 581
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
159 354
220 000
-
-
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.

1 316
1 815
-
-
income
23 903
32 999
-
-
trade
27 329
37 729
-
-
chamber of commerce
377
463
-
-
total
52 925
73 006
-
-
Dividends
106 429
146 993
-
-
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.

1 442
1 999
-
-
withholding
26 224
36 366
-
-
total
27 666
38 365
-
-
Income
220 000
220 000
220 000
220 000
Total tax
95 009
111 371
83 581
113 265
After tax
124 991
108 629
136 419
106 735
Living cost
46 228
46 228
46 228
46 228
Free-cash
78 763
62 401
90 191
60 507

Estimated living cost  is ₽46228 per week

₽33763
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3698
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.
₽8167
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76354
₽82317
₽86471
₽80471
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
220 000
income
-
-
-
40 093
pensions
-
-
-
35 202
other
-
-
-
6 819
health
-
-
-
10 622
surtax
-
-
-
-
social contributions
-
-
-
6 268
total
-
-
-
99 004
Employee
43 189
-
168 115
-
social contributions
1 231
-
4 789
-
surtax
-
-
-
-
income
2 549
-
35 748
-
pensions
4 883
-
12 581
-
total
8 663
-
53 118
-
Employer
43 189
-
168 115
-
other
1 490
-
6 939
-
social contributions
130
-
504
-
unemployment
1 748
-
6 808
-
pensions
7 095
-
21 023
-
health
3 024
-
16 612
-
total
13 487
-
51 886
-
Corporate
163 324
220 000
-
-
surtax
-
-
-
-
income
45 730
61 599
-
-
total
45 730
61 599
-
-
Dividends
117 594
158 401
-
-
surtax
-
-
-
-
social contributions
20 226
27 246
-
-
withholding
15 052
20 276
-
-
total
35 278
47 522
-
-
Income
220 000
220 000
220 000
220 000
Total tax
103 158
109 121
105 004
99 004
After tax
116 842
110 879
114 996
120 996
Living cost
34 525
34 525
34 525
34 525
Free-cash
82 317
76 354
80 471
86 471

Estimated living cost  is ₽34525 per week

₽21770
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2807
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽588
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9362
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79774
₽85382
₽89891
₽83891
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
220 000
income
-
-
-
40 093
pensions
-
-
-
35 202
other
-
-
-
6 819
health
-
-
-
10 622
surtax
-
-
-
-
social contributions
-
-
-
6 268
total
-
-
-
99 004
Employee
38 552
-
168 115
-
social contributions
1 099
-
4 789
-
surtax
-
-
-
-
income
1 988
-
35 748
-
pensions
4 360
-
12 581
-
total
7 447
-
53 118
-
Employer
38 552
-
168 115
-
other
1 331
-
6 939
-
social contributions
115
-
504
-
unemployment
1 561
-
6 808
-
pensions
6 335
-
21 023
-
health
2 698
-
16 612
-
total
12 040
-
51 886
-
Corporate
169 409
220 000
-
-
surtax
-
-
-
-
income
47 434
61 599
-
-
total
47 434
61 599
-
-
Dividends
121 974
158 401
-
-
surtax
-
-
-
-
social contributions
20 979
27 246
-
-
withholding
15 613
20 276
-
-
total
36 592
47 522
-
-
Income
220 000
220 000
220 000
220 000
Total tax
103 513
109 121
105 004
99 004
After tax
116 487
110 879
114 996
120 996
Living cost
31 105
31 105
31 105
31 105
Free-cash
85 382
79 774
83 891
89 891

Estimated living cost  is ₽31105 per week

₽18039
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3160
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9316
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽112822
₽113344
₽119887
₽114108
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
220 000
income
-
-
-
32 999
health
-
-
-
15 356
social contributions
-
-
-
30 360
total
-
-
-
78 715
Employee
34 215
-
220 000
-
social contributions
4 722
-
30 360
-
health
2 388
-
15 356
-
income
5 707
-
38 778
-
total
12 817
-
84 494
-
Employer
34 215
-
220 000
-
total
-
-
-
-
Corporate
185 785
220 000
-
-
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%.

9 290
11 000
-
-
total
9 290
11 000
-
-
Dividends
176 495
209 000
-
-
health
12 319
14 588
-
-
social contributions
24 357
28 842
-
-
withholding
26 475
31 350
-
-
total
63 151
74 780
-
-
Income
220 000
220 000
220 000
220 000
Total tax
85 258
85 780
84 494
78 715
After tax
134 742
134 220
135 506
141 285
Living cost
21 398
21 398
21 398
21 398
Free-cash
113 344
112 822
114 108
119 887

Estimated living cost  is ₽21398 per week

₽14320
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1319
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5264
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85768
₽84203
₽77259
₽22194
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
220 000
chamber of commerce
-
-
-
881
income
-
-
-
69 087
pensions
-
-
-
21 810
unemployment
-
-
-
6 189
health
-
-
-
9 018
surtax
-
-
-
199
total
-
-
-
107 184
Employee
50 431
40 215
181 248
-
other
504
402
1 180
-
health
1 951
1 557
4 561
-
income
5 741
2 966
57 792
-
pensions
5 165
4 117
12 072
-
unemployment
1 513
1 206
3 537
-
total
14 874
10 248
79 142
-
Employer
50 431
40 215
181 248
-
accident
655
523
1 532
-
other
2 396
1 909
8 070
-
chamber of commerce
201
161
726
-
unemployment
1 513
1 206
3 537
-
surtax
199
199
199
-
pensions
6 329
5 048
14 795
-
payroll
1 513
1 206
5 437
-
health
1 905
1 520
4 456
-
total
14 711
11 772
38 752
-
Corporate
154 858
168 012
177 418
-
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.

38 715
42 003
44 355
-
total
38 715
42 003
44 355
-
Dividends
116 143
126 009
-
-
withholding
31 940
34 652
-
-
total
31 940
34 652
-
-
Income
220 000
220 000
220 000
220 000
Total tax
100 240
98 675
162 249
107 184
After tax
119 760
121 325
57 751
112 816
Living cost
35 557
35 557
35 557
35 557
Free-cash
84 203
85 768
22 194
77 259

Estimated living cost  is ₽35557 per week

₽23715
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3033
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.
₽8225
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84327
₽71022
₽58856
₽38303
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
220 000
national
-
-
-
87 500
communal

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

-
-
-
11 691
social contributions
-
-
-
25 159
total
-
-
-
124 350
Employee

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

72 183
-
170 398
-
communal

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

3 765
-
8 887
-
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.

3 391
-
8 008
-
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.

5 414
-
12 781
-
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.

628
-
1 482
-
national
22 192
-
64 142
-
total
35 390
-
95 300
-
Employer

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

72 183
-
170 398
-
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.

938
-
2 216
-
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.

1 053
-
2 488
-
surtax
8 185
-
19 322
-
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.

6 396
-
15 098
-
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.

4 439
-
10 479
-
total
21 011
-
49 603
-
Corporate
126 806
220 000
-
-
surtax
507
931
-
-
income
25 362
46 565
-
-
total
25 869
47 496
-
-
Dividends
100 937
172 504
-
-
withholding

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

29 914
51 383
-
-
total
29 914
51 383
-
-
Income
220 000
220 000
220 000
220 000
Total tax
112 184
98 879
144 903
124 350
After tax
107 816
121 121
75 097
95 650
Living cost
36 794
36 794
36 794
36 794
Free-cash
71 022
84 327
38 303
58 856

Estimated living cost  is ₽36794 per week

₽23700
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3217
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽576
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9301
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽109692
₽102779
₽86546
₽82311
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
220 000
accident
-
-
-
843
income
-
-
-
68 950
pensions
-
-
-
26 469
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
97 011
Employee
50 231
-
190 182
-
other
50
-
94
-
income
10 598
-
65 486
-
pensions
2 361
-
4 397
-
unemployment
779
-
1 450
-
total
13 788
-
71 427
-
Employer
50 231
-
190 182
-
accident
994
-
1 852
-
other
400
-
749
-
unemployment
2 763
-
5 144
-
pensions
11 854
-
22 074
-
total
16 011
-
29 819
-
Corporate
153 758
220 000
-
-
income

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

23 064
32 999
-
-
total
23 064
32 999
-
-
Dividends
130 693
187 001
-
-
withholding
27 915
40 866
-
-
total
27 915
40 866
-
-
Income
220 000
220 000
220 000
220 000
Total tax
80 778
73 865
101 246
97 011
After tax
139 222
146 135
118 754
122 989
Living cost
36 443
36 443
36 443
36 443
Free-cash
102 779
109 692
82 311
86 546

Estimated living cost  is ₽36443 per week

₽26837
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2585
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6496
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70334
₽56486
₽49199
₽57969
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
220 000
accident
-
-
-
1 856
income
-
-
-
40 861
pensions
-
-
-
32 976
health
-
-
-
15 458
surtax
-
-
-
10 906
communal
-
-
-
13 905
total
-
-
-
115 962
Employee
76 419
-
196 515
-
health
3 401
-
8 746
-
surtax
4 684
-
12 043
-
income
7 381
-
47 196
-
pensions
6 113
-
15 722
-
total
21 579
-
83 707
-
Employer
76 419
-
196 515
-
accident
687
-
1 769
-
pensions
6 113
-
15 722
-
health
2 331
-
5 994
-
total
9 131
-
23 485
-
Corporate
134 450
220 000
-
-
surtax
1 411
2 309
-
-
communal
9 075
14 851
-
-
income
20 167
32 999
-
-
total
30 653
50 159
-
-
Dividends
103 797
169 841
-
-
income
31 743
19 190
-
-
withholding
15 569
25 477
-
-
total
47 312
44 667
-
-
Income
220 000
220 000
220 000
220 000
Total tax
108 675
94 826
107 192
115 962
After tax
111 325
125 174
112 808
104 038
Living cost
54 839
54 839
54 839
54 839
Free-cash
56 486
70 334
57 969
49 199

Estimated living cost  is ₽54839 per week

₽41138
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3323
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9797
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽115713
₽112504
₽80883
₽74712
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
220 000
income
-
-
-
68 302
pensions
-
-
-
26 936
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
9 562
surtax
-
-
-
11 421
total
-
-
-
116 451
Employee
33 983
-
191 651
-
other
-
-
-
-
health
867
-
3 434
-
surtax
121
-
10 215
-
income
5 697
-
62 266
-
pensions
2 267
-
8 983
-
unemployment
2 365
-
9 374
-
total
11 317
-
94 272
-
Employer
33 983
-
191 651
-
other
-
-
-
-
unemployment
1 078
-
4 269
-
pensions
4 531
-
17 953
-
health
1 545
-
6 128
-
total
7 154
-
28 350
-
Corporate
178 862
220 000
-
-
income
46 504
57 201
-
-
total
46 504
57 201
-
-
Dividends
132 359
162 799
-
-
withholding
19 855
24 420
-
-
total
19 855
24 420
-
-
Income
220 000
220 000
220 000
220 000
Total tax
84 830
81 621
122 622
116 451
After tax
135 170
138 379
97 378
103 549
Living cost
22 666
22 666
22 666
22 666
Free-cash
112 504
115 713
74 712
80 883

Estimated living cost  is ₽22666 per week

₽13684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1971
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6486
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88454
₽86213
₽77712
₽69202
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
220 000
municipal
-
-
-
1 356
regional
-
-
-
3 440
national
-
-
-
59 803
social contributions
-
-
-
50 506
total
-
-
-
115 105
Employee
55 977
-
220 000
-
social contributions
18 876
-
66 215
-
regional
754
-
3 122
-
municipal
297
-
1 229
-
national
8 868
-
53 049
-
total
28 795
-
123 615
-
Employer
55 977
-
220 000
-
total
-
-
-
-
Corporate
164 023
220 000
-
-
nationa
39 366
52 800
-
-
municipal
8 152
10 935
-
-
total
47 518
63 735
-
-
Dividends
116 504
156 265
-
-
withholding
30 291
40 628
-
-
total
30 291
40 628
-
-
Income
220 000
220 000
220 000
220 000
Total tax
106 604
104 363
123 615
115 105
After tax
113 396
115 637
96 385
104 895
Living cost
27 183
27 183
27 183
27 183
Free-cash
86 213
88 454
69 202
77 712

Estimated living cost  is ₽27183 per week

₽16906
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2754
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7059
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽121690
₽111066
₽99866
₽90266
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
220 000
income
-
-
-
23 329
health
-
-
-
29 700
solidarity contribution
-
-
-
2 550
social contributions
-
-
-
34 775
total
-
-
-
90 354
Employee
43 794
-
174 520
-
social contributions
2 847
-
7 741
-
health
5 912
-
23 560
-
solidarity contribution
-
-
1 689
-
income
5 255
-
21 483
-
total
14 014
-
54 473
-
Employer
43 794
-
174 520
-
social contributions
10 949
-
29 774
-
health
3 941
-
15 707
-
total
14 890
-
45 481
-
Corporate
161 316
220 000
-
-
income
30 650
41 800
-
-
total
30 650
41 800
-
-
Dividends
130 666
178 200
-
-
withholding
19 600
26 730
-
-
total
19 600
26 730
-
-
Income
220 000
220 000
220 000
220 000
Total tax
79 154
68 530
99 954
90 354
After tax
140 846
151 470
120 046
129 646
Living cost
29 780
29 780
29 780
29 780
Free-cash
111 066
121 690
90 266
99 866

Estimated living cost  is ₽29780 per week

₽22146
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1650
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5469
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89238
₽88739
₽80821
₽25608
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
220 000
chamber of commerce
-
-
-
881
income
-
-
-
69 087
pensions
-
-
-
21 810
unemployment
-
-
-
6 189
health
-
-
-
9 018
surtax
-
-
-
-
total
-
-
-
106 985
Employee
44 111
40 215
181 434
-
other
440
402
1 180
-
health
1 706
1 557
4 561
-
income
3 930
2 966
57 882
-
pensions
4 517
4 117
12 072
-
unemployment
1 323
1 206
3 537
-
total
11 916
10 248
79 232
-
Employer
44 111
40 215
181 434
-
accident
573
523
1 532
-
other
2 095
1 909
8 077
-
chamber of commerce
176
161
726
-
unemployment
1 323
1 206
3 537
-
surtax
-
-
-
-
pensions
5 536
5 048
14 795
-
payroll
1 323
1 206
5 442
-
health
1 668
1 520
4 456
-
total
12 694
11 573
38 565
-
Corporate
163 194
168 211
177 604
-
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.

40 799
42 053
44 401
-
total
40 799
42 053
44 401
-
Dividends
122 395
126 158
-
-
withholding
33 658
34 694
-
-
total
33 658
34 694
-
-
Income
220 000
220 000
220 000
220 000
Total tax
99 067
98 568
162 198
106 985
After tax
120 933
121 432
57 802
113 015
Living cost
32 194
32 194
32 194
32 194
Free-cash
88 739
89 238
25 608
80 821

Estimated living cost  is ₽32194 per week

₽19313
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3288
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9020
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽194851
₽192198
₽203651
₽161851
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
220 000
microenterprise

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

-
-
-
2 200
total
-
-
-
2 200
Employee
17 686
-
220 000
-
income
3 537
-
44 000
-
total
3 537
-
44 000
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

202 314
220 000
-
-
total
-
-
-
-
Dividends
202 314
220 000
-
-
withholding
10 116
11 000
-
-
total
10 116
11 000
-
-
Income
220 000
220 000
220 000
220 000
Total tax
13 653
11 000
44 000
2 200
After tax
206 347
209 000
176 000
217 800
Living cost
14 149
14 149
14 149
14 149
Free-cash
192 198
194 851
161 851
203 651

Estimated living cost  is ₽14149 per week

₽9574
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽594
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3505
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽124404
₽115963
₽75812
₽71036
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
220 000
income
-
-
-
54 967
pensions
-
-
-
40 178
unemployment
-
-
-
329
health
-
-
-
21 647
total
-
-
-
117 121
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.

44 623
-
190 362
-
health
2 882
-
12 296
-
income
7 695
-
50 191
-
pensions
6 917
-
29 506
-
unemployment
63
-
266
-
total
17 557
-
92 259
-
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.

44 623
-
190 362
-
unemployment
27
-
115
-
pensions
3 949
-
16 846
-
health
2 972
-
12 677
-
total
6 948
-
29 638
-
Corporate
168 429
220 000
-
-
income
32 001
41 800
-
-
total
32 001
41 800
-
-
Dividends
136 428
178 200
-
-
withholding
20 464
26 729
-
-
total
20 464
26 729
-
-
Income
220 000
220 000
220 000
220 000
Total tax
76 970
68 529
121 897
117 121
After tax
143 030
151 471
98 103
102 879
Living cost
27 067
27 067
27 067
27 067
Free-cash
115 963
124 404
71 036
75 812

Estimated living cost  is ₽27067 per week

₽18575
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1735
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6233
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90283
₽42258
₽108473
₽163152
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
220 000
income
-
-
-
42 882
social contributions
-
-
-
25 080
total
-
-
-
67 962
Employee
62 466
-
-
-
social contributions
5 122
-
730
-
income
13 779
-
-
-
total
18 901
-
730
-
Employer
62 466
-
-
-
social contributions
88 077
-
12 553
-
total
88 077
-
12 553
-
Corporate
69 456
220 000
-
-
income
15 280
48 400
-
-
total
15 280
48 400
-
-
Dividends
54 176
171 600
-
-
income
11 919
37 752
-
-
total
11 919
37 752
-
-
Income
220 000
220 000
220 000
220 000
Total tax
134 177
86 152
13 283
67 962
After tax
85 823
133 848
206 717
152 038
Living cost
43 565
43 565
43 565
43 565
Free-cash
42 258
90 283
163 152
108 473

Estimated living cost  is ₽43565 per week

₽28267
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4097
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10646
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93484
₽92467
₽83457
₽66536
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
220 000
income
-
-
-
28 440
surtax
-
-
-
-
social contributions

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

-
-
-
76 450
total
-
-
-
104 890
Employee
46 411
-
177 778
-
social contributions
5 105
-
19 556
-
surtax
-
-
126
-
income
9 654
-
59 907
-
total
14 759
-
79 589
-
Employer
46 411
-
177 778
-
social contributions
11 023
-
42 222
-
total
11 023
-
42 222
-
Corporate
162 566
220 000
-
-
surtax
-
-
-
-
income
34 138
46 199
-
-
total
34 138
46 199
-
-
Dividends
128 427
173 801
-
-
withholding
35 960
48 664
-
-
total
35 960
48 664
-
-
Income
220 000
220 000
220 000
220 000
Total tax
95 880
94 863
121 811
104 890
After tax
124 120
125 137
98 189
115 110
Living cost
31 653
31 653
31 653
31 653
Free-cash
92 467
93 484
66 536
83 457

Estimated living cost  is ₽31653 per week

₽23683
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1867
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽529
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5575
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62140
₽69076
₽72257
₽66257
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
220 000
income
-
-
-
40 093
pensions
-
-
-
35 202
other
-
-
-
6 819
health
-
-
-
10 622
surtax
-
-
-
-
social contributions
-
-
-
6 268
total
-
-
-
99 004
Employee
63 203
-
168 115
-
social contributions
1 800
-
4 789
-
surtax
-
-
-
-
income
5 515
-
35 748
-
pensions
7 149
-
12 581
-
total
14 464
-
53 118
-
Employer
63 203
-
168 115
-
other
2 181
-
6 939
-
social contributions
190
-
504
-
unemployment
2 560
-
6 808
-
pensions
10 385
-
21 023
-
health
4 424
-
16 612
-
total
19 740
-
51 886
-
Corporate
137 057
220 000
-
-
surtax
-
-
-
-
income
38 376
61 599
-
-
total
38 376
61 599
-
-
Dividends
98 681
158 401
-
-
surtax
-
-
-
-
social contributions
16 974
27 246
-
-
withholding
12 631
20 276
-
-
total
29 605
47 522
-
-
Income
220 000
220 000
220 000
220 000
Total tax
102 185
109 121
105 004
99 004
After tax
117 815
110 879
114 996
120 996
Living cost
48 739
48 739
48 739
48 739
Free-cash
69 076
62 140
66 257
72 257

Estimated living cost  is ₽48739 per week

₽32986
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3987
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽668
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11097
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽167667
₽164275
₽130235
₽136080
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
220 000
income
-
-
-
11 032
social contributions
-
-
-
48 399
total
-
-
-
59 431
Employee
32 442
-
190 475
-
income
-
-
11 681
-
social contributions
2 108
-
12 380
-
total
2 108
-
24 061
-
Employer
32 442
-
190 475
-
social contributions
5 029
-
29 525
-
total
5 029
-
29 525
-
Corporate
182 529
220 000
-
-
income
18 254
21 999
-
-
total
18 254
21 999
-
-
Dividends
164 276
198 001
-
-
total
-
-
-
-
Income
220 000
220 000
220 000
220 000
Total tax
25 391
21 999
53 586
59 431
After tax
194 609
198 001
166 414
160 569
Living cost
30 334
30 334
30 334
30 334
Free-cash
164 275
167 667
136 080
130 235

Estimated living cost  is ₽30334 per week

₽19613
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2286
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.
₽7863
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42
₽24
₽78695
₽42
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
220 000
municipal
-
-
-
47 079
pensions
-
-
-
875
national
-
-
-
27 201
labour market
-
-
-
17 530
total
-
-
-
92 685
Employee
205 213
205 213
205 213
-
labour market
16 394
16 394
16 394
-
national
25 070
25 070
25 070
-
municipal
43 699
43 699
43 699
-
pensions
292
292
292
-
total
85 455
85 455
85 455
-
Employer
205 213
205 213
205 213
-
labour market
16 417
16 417
16 417
-
municipal
43 769
43 769
43 769
-
pensions
583
583
583
-
national
25 114
25 114
25 114
-
total
85 883
85 883
85 883
-
Corporate
42
-
-
-
income
9
-
-
-
total
9
-
-
-
Dividends
33
-
-
-
withholding
9
-
-
-
total
9
-
-
-
Income
220 000
220 000
220 000
220 000
Total tax
171 356
171 338
171 338
92 685
After tax
48 644
48 662
48 662
127 315
Living cost
48 620
48 620
48 620
48 620
Free-cash
24
42
42
78 695

Estimated living cost  is ₽48620 per week

₽33276
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4301
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽748
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10295
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3925
₽14486
₽128492
₽99276
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
220 000
accident
-
-
-
253
income
-
-
-
62 776
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
69 763
Employee
34 207
-
200 679
-
health
3 917
-
22 978
-
income
4 693
-
49 027
-
pensions
3 852
-
7 654
-
total
12 462
-
79 659
-
Employer
34 207
-
200 679
-
accident
571
-
3 351
-
unemployment
838
-
4 916
-
pensions
5 562
-
11 053
-
total
6 971
-
19 320
-
Corporate
178 822
220 000
-
-
income

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

160 939
198 000
-
-
total
160 939
198 000
-
-
Dividends
17 882
22 000
-
-
withholding
3 397
4 180
-
-
total
3 397
4 180
-
-
Income
220 000
220 000
220 000
220 000
Total tax
183 769
202 180
98 979
69 763
After tax
36 231
17 820
121 021
150 237
Living cost
21 745
21 745
21 745
21 745
Free-cash
14 486
-3 925
99 276
128 492

Estimated living cost  is ₽21745 per week

₽15828
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1240
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4269
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96489
₽99605
₽97016
₽71814
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
220 000
municipal
-
-
-
39 066
health
-
-
-
2 966
national
-
-
-
42 209
total
-
-
-
84 241
Employee
53 092
-
185 076
-
health
396
-
2 428
-
municipal
8 696
-
30 128
-
pensions
3 583
-
12 493
-
unemployment
797
-
2 777
-
national
877
-
26 692
-
total
14 349
-
74 518
-
Employer
53 092
-
185 076
-
accident
54
-
186
-
unemployment
345
-
1 203
-
pensions
9 211
-
32 111
-
health
408
-
1 425
-
total
10 018
-
34 925
-
Corporate
156 891
220 000
-
-
income
31 379
44 001
-
-
total
31 379
44 001
-
-
Dividends

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

94 134
132 000
-
-
national
8 962
17 008
-
-
municipal
16 944
23 759
-
-
total
25 906
40 767
-
-
Income
220 000
220 000
220 000
220 000
Total tax
81 652
84 768
109 443
84 241
After tax
138 348
135 232
110 557
135 759
Living cost
38 743
38 743
38 743
38 743
Free-cash
99 605
96 489
71 814
97 016

Estimated living cost  is ₽38743 per week

₽25307
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽617
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9094
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽136990
₽131498
₽124889
₽123071
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
220 000
income
-
-
-
49 809
health
-
-
-
5 611
social contributions
-
-
-
16 327
total
-
-
-
71 747
Employee
77 596
77 596
207 476
-
social contributions
2 934
6 440
8 686
-
health
601
1 319
3 527
-
income
8 449
7 183
48 828
-
total
11 984
14 942
61 041
-
Employer
77 596
77 596
207 476
-
social contributions
2 934
6 440
8 686
-
health
653
1 436
3 838
-
total
3 587
7 876
12 524
-
Corporate
181 065
134 527
-
-
income
22 633
16 816
-
-
total
22 633
16 816
-
-
Dividends
158 432
117 712
-
-
withholding
26 934
20 012
-
-
total
26 934
20 012
-
-
Income
220 000
220 000
220 000
220 000
Total tax
65 138
59 646
73 565
71 747
After tax
154 862
160 354
146 435
148 253
Living cost
23 364
23 364
23 364
23 364
Free-cash
131 498
136 990
123 071
124 889

Estimated living cost  is ₽23364 per week

₽14002
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2292
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6553
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽166161
₽161026
₽171145
₽150906
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
220 000
income
-
-
-
22 733
pensions
-
-
-
6 419
unemployment
-
-
-
29
health
-
-
-
3 652
total
-
-
-
32 833
Employee

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

23 163
-
210 138
-
health
1 969
-
8 139
-
income
1 584
-
20 230
-
pensions
3 474
-
14 362
-
unemployment
115
-
479
-
total
7 142
-
43 210
-
Employer

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

23 163
-
210 138
-
unemployment
115
-
479
-
pensions
1 273
-
5 266
-
health
996
-
4 117
-
total
2 384
-
9 862
-
Corporate
194 453
220 000
-
-
income
17 501
19 799
-
-
total
17 501
19 799
-
-
Dividends
176 952
200 201
-
-
withholding
15 925
18 018
-
-
total
15 925
18 018
-
-
Income
220 000
220 000
220 000
220 000
Total tax
42 952
37 817
53 072
32 833
After tax
177 048
182 183
166 928
187 167
Living cost
16 022
16 022
16 022
16 022
Free-cash
161 026
166 161
150 906
171 145

Estimated living cost  is ₽16022 per week

₽10222
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1155
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4167
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽118385
₽113928
₽95239
₽91004
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
220 000
accident
-
-
-
843
income
-
-
-
68 950
pensions
-
-
-
26 469
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
97 011
Employee
37 313
-
190 182
-
other
36
-
94
-
income
7 194
-
65 486
-
pensions
1 754
-
4 397
-
unemployment
578
-
1 450
-
total
9 562
-
71 427
-
Employer
37 313
-
190 182
-
accident
739
-
1 852
-
other
299
-
749
-
unemployment
2 053
-
5 144
-
pensions
8 805
-
22 074
-
total
11 896
-
29 819
-
Corporate
170 791
220 000
-
-
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.

25 619
32 999
-
-
total
25 619
32 999
-
-
Dividends
145 172
187 001
-
-
withholding
31 245
40 866
-
-
total
31 245
40 866
-
-
Income
220 000
220 000
220 000
220 000
Total tax
78 322
73 865
101 246
97 011
After tax
141 678
146 135
118 754
122 989
Living cost
27 750
27 750
27 750
27 750
Free-cash
113 928
118 385
91 004
95 239

Estimated living cost  is ₽27750 per week

₽18730
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2668
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.
₽5866
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽134524
₽134070
₽138625
₽138428
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
220 000
income
-
-
-
75 151
pensions
-
-
-
2 010
health
-
-
-
1 458
total
-
-
-
78 619
Employee
4 198
-
217 738
-
health
210
-
503
-
income
812
-
75 045
-
pensions
378
-
905
-
unemployment
42
-
101
-
total
1 442
-
76 554
-
Employer
4 198
-
217 738
-
unemployment
84
-
201
-
pensions
462
-
1 106
-
health
399
-
955
-
total
945
-
2 262
-
Corporate
214 858
220 000
-
-
income
47 269
48 400
-
-
total
47 269
48 400
-
-
Dividends
167 589
171 600
-
-
withholding
33 518
34 320
-
-
total
33 518
34 320
-
-
Income
220 000
220 000
220 000
220 000
Total tax
83 174
82 720
78 816
78 619
After tax
136 826
137 280
141 184
141 381
Living cost
2 756
2 756
2 756
2 756
Free-cash
134 070
134 524
138 428
138 625

Estimated living cost  is ₽2756 per week

₽1638
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽223
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.
₽832
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽141497
₽136532
₽123570
₽123571
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
220 000
income
-
-
-
50 784
pensions
-
-
-
19 392
unemployment
-
-
-
1 119
health
-
-
-
7 682
total
-
-
-
78 977
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.

26 319
-
206 649
-
health
1 355
-
3 841
-
income
3 628
-
50 784
-
pensions
3 685
-
10 442
-
unemployment
197
-
559
-
total
8 865
-
65 626
-
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.

26 319
-
206 649
-
unemployment
197
-
559
-
pensions
3 158
-
8 950
-
health
1 355
-
3 841
-
total
4 710
-
13 350
-
Corporate
188 970
220 000
-
-
income
28 346
33 000
-
-
total
28 346
33 000
-
-
Dividends
160 625
187 000
-
-
withholding
24 094
28 050
-
-
total
24 094
28 050
-
-
Income
220 000
220 000
220 000
220 000
Total tax
66 015
61 050
78 976
78 977
After tax
153 985
158 950
141 024
141 023
Living cost
17 453
17 453
17 453
17 453
Free-cash
136 532
141 497
123 571
123 570

Estimated living cost  is ₽17453 per week

₽11751
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1350
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽505
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3847
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97932
₽97565
₽87905
₽70984
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
220 000
income
-
-
-
28 440
surtax
-
-
-
-
social contributions

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

-
-
-
76 450
total
-
-
-
104 890
Employee
39 166
-
177 778
-
social contributions
4 309
-
19 556
-
surtax
-
-
126
-
income
7 653
-
59 907
-
total
11 962
-
79 589
-
Employer
39 166
-
177 778
-
social contributions
9 301
-
42 222
-
total
9 301
-
42 222
-
Corporate
171 533
220 000
-
-
surtax
-
-
-
-
income
36 023
46 199
-
-
total
36 023
46 199
-
-
Dividends
135 510
173 801
-
-
withholding
37 944
48 664
-
-
total
37 944
48 664
-
-
Income
220 000
220 000
220 000
220 000
Total tax
95 230
94 863
121 811
104 890
After tax
124 770
125 137
98 189
115 110
Living cost
27 205
27 205
27 205
27 205
Free-cash
97 565
97 932
70 984
87 905

Estimated living cost  is ₽27205 per week

₽19269
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1890
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5565
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽110670
₽104066
₽87524
₽83289
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
220 000
accident
-
-
-
843
income
-
-
-
68 950
pensions
-
-
-
26 469
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
97 011
Employee
48 736
-
190 182
-
other
48
-
94
-
income
10 179
-
65 486
-
pensions
2 290
-
4 397
-
unemployment
755
-
1 450
-
total
13 272
-
71 427
-
Employer
48 736
-
190 182
-
accident
965
-
1 852
-
other
391
-
749
-
unemployment
2 681
-
5 144
-
pensions
11 501
-
22 074
-
total
15 538
-
29 819
-
Corporate
155 726
220 000
-
-
income

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

23 359
32 999
-
-
total
23 359
32 999
-
-
Dividends
132 367
187 001
-
-
withholding
28 300
40 866
-
-
total
28 300
40 866
-
-
Income
220 000
220 000
220 000
220 000
Total tax
80 469
73 865
101 246
97 011
After tax
139 531
146 135
118 754
122 989
Living cost
35 465
35 465
35 465
35 465
Free-cash
104 066
110 670
83 289
87 524

Estimated living cost  is ₽35465 per week

₽25469
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2758
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.
₽6739
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽170729
₽164575
₽160212
₽169293
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
220 000
income
-
-
-
33 000
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
42 417
Employee
23 001
-
213 080
-
health
1 058
-
1 622
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
income
2 300
-
21 308
-
pensions

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

2 019
-
3 097
-
total
5 630
-
26 415
-
Employer
23 001
-
213 080
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
unemployment
138
-
212
-
pensions

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

2 535
-
3 887
-
health
1 587
-
2 434
-
total
4 513
-
6 921
-
Corporate
192 486
220 000
-
-
income
19 249
22 000
-
-
total
19 249
22 000
-
-
Dividends
173 237
198 000
-
-
withholding
8 662
9 900
-
-
total
8 662
9 900
-
-
Income
220 000
220 000
220 000
220 000
Total tax
38 054
31 900
33 336
42 417
After tax
181 946
188 100
186 664
177 583
Living cost
17 371
17 371
17 371
17 371
Free-cash
164 575
170 729
169 293
160 212

Estimated living cost  is ₽17371 per week

₽11489
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽994
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽414
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4474
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74196
₽87396
₽72623
₽97460
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
220 000
trade
-
-
-
24 837
income

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

-
-
-
72 689
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.

-
-
-
6 894
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.

-
-
-
3 998
total
-
-
-
108 418
Employee

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

50 210
-
220 000
-
health

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

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

6 894
-
6 894
-
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.

228
-
3 998
-
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.

4 129
-
72 689
-
total
11 251
-
83 581
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
169 790
220 000
-
-
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.

1 402
1 815
-
-
income
25 469
32 999
-
-
trade
24 364
31 570
-
-
chamber of commerce
402
475
-
-
total
51 637
66 859
-
-
Dividends
118 153
153 140
-
-
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.

1 603
2 085
-
-
withholding
29 154
37 901
-
-
total
30 757
39 986
-
-
Income
220 000
220 000
220 000
220 000
Total tax
93 645
106 845
83 581
108 418
After tax
126 355
113 155
136 419
111 582
Living cost
38 959
38 959
38 959
38 959
Free-cash
87 396
74 196
97 460
72 623

Estimated living cost  is ₽38959 per week

₽26875
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4192
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.
₽7327
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96516
₽98744
₽53513
₽53513
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
220 000
income
-
-
-
71 320
social contributions
-
-
-
37 683
total
-
-
-
109 003
Employee
78 935
-
220 000
-
income
14 895
-
71 320
-
social contributions
6 558
-
37 683
-
total
21 453
-
109 003
-
Employer
78 935
-
220 000
-
total
-
-
-
-
Corporate
141 065
220 000
-
-
income
17 633
27 499
-
-
total
17 633
27 499
-
-
Dividends
123 431
192 501
-
-
withholding
24 686
38 501
-
-
total
24 686
38 501
-
-
Income
220 000
220 000
220 000
220 000
Total tax
63 772
66 000
109 003
109 003
After tax
156 228
154 000
110 997
110 997
Living cost
57 484
57 484
57 484
57 484
Free-cash
98 744
96 516
53 513
53 513

Estimated living cost  is ₽57484 per week

₽43733
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4684
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8518
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽101038
₽104564
₽143629
₽117216
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
220 000
income
-
-
-
32 999
health

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

-
-
-
6 741
total
-
-
-
39 740
Employee
46 292
-
215 358
-
income
5 023
-
56 869
-
social contributions
4 638
-
4 642
-
total
9 661
-
61 511
-
Employer
46 292
-
215 358
-
social contributions
4 638
-
4 642
-
total
4 638
-
4 642
-
Corporate
169 070
220 000
-
-
income
59 175
77 000
-
-
total
59 175
77 000
-
-
Dividends
109 895
143 000
-
-
social contributions
5 331
5 331
-
-
total
5 331
5 331
-
-
Income
220 000
220 000
220 000
220 000
Total tax
78 805
82 331
66 153
39 740
After tax
141 195
137 669
153 847
180 260
Living cost
36 631
36 631
36 631
36 631
Free-cash
104 564
101 038
117 216
143 629

Estimated living cost  is ₽36631 per week

₽24129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2888
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9052
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽101908
₽107904
₽105148
₽85464
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
220 000
income
-
-
-
67 297
pensions
-
-
-
9 942
total
-
-
-
77 239
Employee
51 629
-
191 799
-
health
673
-
2 619
-
income
9 402
-
54 177
-
pensions
3 941
-
11 925
-
total
14 016
-
68 721
-
Employer
51 629
-
191 799
-
pensions
5 216
-
24 558
-
health
981
-
3 644
-
total
6 197
-
28 202
-
Corporate
162 174
220 000
-
-
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.

30 813
41 800
-
-
total
30 813
41 800
-
-
Dividends
131 361
178 200
-
-
withholding
23 457
38 679
-
-
total
23 457
38 679
-
-
Income
220 000
220 000
220 000
220 000
Total tax
74 483
80 479
96 923
77 239
After tax
145 517
139 521
123 077
142 761
Living cost
37 613
37 613
37 613
37 613
Free-cash
107 904
101 908
85 464
105 148

Estimated living cost  is ₽37613 per week

₽25802
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3459
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.
₽7879
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽6078
₽14156
₽126339
₽97123
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
220 000
accident
-
-
-
253
income
-
-
-
62 776
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
69 763
Employee
37 593
-
200 679
-
health
4 304
-
22 978
-
income
5 157
-
49 027
-
pensions
4 233
-
7 654
-
total
13 694
-
79 659
-
Employer
37 593
-
200 679
-
accident
628
-
3 351
-
unemployment
921
-
4 916
-
pensions
6 112
-
11 053
-
total
7 661
-
19 320
-
Corporate
174 746
220 000
-
-
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.

157 271
198 000
-
-
total
157 271
198 000
-
-
Dividends
17 475
22 000
-
-
withholding
3 320
4 180
-
-
total
3 320
4 180
-
-
Income
220 000
220 000
220 000
220 000
Total tax
181 946
202 180
98 979
69 763
After tax
38 054
17 820
121 021
150 237
Living cost
23 898
23 898
23 898
23 898
Free-cash
14 156
-6 078
97 123
126 339

Estimated living cost  is ₽23898 per week

₽17539
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1393
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.
₽4485
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽154669
₽151615
₽125076
₽147268
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
220 000
work injury
-
-
-
807
health insurance
-
-
-
11 943
income
-
-
-
36 911
pensions
-
-
-
29 695
unemployment
-
-
-
1 937
total
-
-
-
81 293
Employee

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

21 810
-
220 000
-
work injury
109
-
403
-
income
2 181
-
36 911
-
pensions
4 013
-
14 848
-
health insurance
1 614
-
5 971
-
unemployment
262
-
968
-
total
8 179
-
59 101
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
198 190
220 000
-
-
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%.

19 819
22 000
-
-
total
19 819
22 000
-
-
Dividends
178 371
198 000
-
-
withholding
26 756
29 700
-
-
total
26 756
29 700
-
-
Income
220 000
220 000
220 000
220 000
Total tax
54 754
51 700
59 101
81 293
After tax
165 246
168 300
160 899
138 707
Living cost
13 631
13 631
13 631
13 631
Free-cash
151 615
154 669
147 268
125 076

Estimated living cost  is ₽13631 per week

₽8445
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽991
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽425
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3771
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75681
₽71091
₽62657
₽54365
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
220 000
municipal
-
-
-
1 526
regional
-
-
-
5 307
national
-
-
-
59 803
social contributions
-
-
-
50 506
total
-
-
-
117 142
Employee
85 034
-
220 000
-
social contributions
28 673
-
66 215
-
regional
1 284
-
4 785
-
municipal
507
-
1 385
-
national
14 370
-
53 049
-
total
44 834
-
125 434
-
Employer
85 034
-
220 000
-
total
-
-
-
-
Corporate
134 966
220 000
-
-
nationa
32 392
52 800
-
-
municipal
6 505
10 603
-
-
total
38 897
63 403
-
-
Dividends
96 068
156 597
-
-
withholding
24 977
40 715
-
-
total
24 977
40 715
-
-
Income
220 000
220 000
220 000
220 000
Total tax
108 708
104 118
125 434
117 142
After tax
111 292
115 882
94 566
102 858
Living cost
40 201
40 201
40 201
40 201
Free-cash
71 091
75 681
54 365
62 657

Estimated living cost  is ₽40201 per week

₽28238
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2765
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽607
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8589
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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