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
₽ 221000
per

Your estimated
City
free-cash

Dresden , Germany
₽80827
₽91989
₽78991
₽106409
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
221 000
trade
-
-
-
27 418
income

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

-
-
-
73 108
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.

-
-
-
4 022
total
-
-
-
111 442
Employee

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

38 599
-
221 000
-
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
-
4 022
-
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
-
73 108
-
total
8 031
-
84 024
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
182 401
221 000
-
-
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.

1 505
1 823
-
-
income
27 361
33 150
-
-
trade
28 728
34 807
-
-
chamber of commerce
416
471
-
-
total
58 010
70 251
-
-
Dividends
124 391
150 749
-
-
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.

1 689
2 051
-
-
withholding
30 714
37 304
-
-
total
32 403
39 355
-
-
Income
221 000
221 000
221 000
221 000
Total tax
98 444
109 606
84 024
111 442
After tax
122 556
111 394
136 976
109 558
Living cost
30 567
30 567
30 567
30 567
Free-cash
91 989
80 827
106 409
78 991

Estimated living cost  is ₽30567 per week

₽19227
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.
₽7205
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86910
₽86062
₽75285
₽76472
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
221 000
municipal
-
-
-
24 521
pensions
-
-
-
26 520
national
-
-
-
41 304
social contributions
-
-
-
2 376
total
-
-
-
94 721
Employee
79 050
-
191 053
-
municipal
9 764
-
25 376
-
pensions
3 162
-
7 642
-
national
15 130
-
43 178
-
total
28 056
-
76 196
-
Employer
79 050
-
191 053
-
social contributions
850
-
2 054
-
pensions
6 324
-
15 284
-
total
7 174
-
17 338
-
Corporate
129 559
221 000
-
-
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%.

25 912
44 200
-
-
total
25 912
44 200
-
-
Dividends
103 647
176 800
-
-
withholding
22 802
38 896
-
-
total
22 802
38 896
-
-
Income
221 000
221 000
221 000
221 000
Total tax
83 944
83 096
93 534
94 721
After tax
137 056
137 904
127 466
126 279
Living cost
50 994
50 994
50 994
50 994
Free-cash
86 062
86 910
76 472
75 285

Estimated living cost  is ₽50994 per week

₽34660
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
₽155805
₽147526
₽58982
₽74775
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
221 000
microenterprise
-
-
-
-
income
-
-
-
46 002
surtax
-
-
-
56 355
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.

-
-
-
38 666
total
-
-
-
141 023
Employee
29 488
-
172 996
-
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
-
-
25 084
-
income
5 249
-
38 914
-
total
8 493
-
77 227
-
Employer
29 488
-
172 996
-
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
-
28 973
-
surtax
-
-
19 030
-
total
7 103
-
48 003
-
Corporate
184 409
221 000
-
-
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%.

36 883
44 200
-
-
total
36 883
44 200
-
-
Dividends

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

147 526
176 800
-
-
total
-
-
-
-
Income
221 000
221 000
221 000
221 000
Total tax
52 479
44 200
125 230
141 023
After tax
168 521
176 800
95 770
79 977
Living cost
20 995
20 995
20 995
20 995
Free-cash
147 526
155 805
74 775
58 982

Estimated living cost  is ₽20995 per week

₽13394
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
₽67786
₽61603
₽76726
₽99075
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
221 000
income
-
-
-
77 731
pensions
-
-
-
11 824
health
-
-
-
12 444
total
-
-
-
101 999
Employee
86 179
86 179
202 246
-
health
13 228
11 251
12 444
-
income

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

14 106
14 106
36 627
-
pensions
15 512
11 824
11 824
-
total
42 846
37 181
60 895
-
Employer
86 179
86 179
202 246
-
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
120 787
119 730
-
-
income
24 157
23 946
-
-
total
24 157
23 946
-
-
Dividends
96 630
95 784
-
-
income
20 534
20 354
-
-
withholding
14 495
14 367
-
-
total
35 029
34 721
-
-
Income
221 000
221 000
221 000
221 000
Total tax
117 122
110 938
79 649
101 999
After tax
103 878
110 062
141 351
119 001
Living cost
42 276
42 276
42 276
42 276
Free-cash
61 603
67 786
99 075
76 726

Estimated living cost  is ₽42276 per week

₽29960
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.
₽7833
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81676
₽80800
₽71477
₽70531
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
221 000
municipal
-
-
-
58 520
accident
-
-
-
171
pensions
-
-
-
9 237
other
-
-
-
9 930
unemployment
-
-
-
86
health
-
-
-
5 332
national
-
-
-
27 257
total
-
-
-
110 533
Employee
55 558
-
194 151
-
municipal
16 567
-
57 896
-
national
-
-
26 734
-
total
16 567
-
84 630
-
Employer
55 558
-
194 151
-
accident
111
-
171
-
other
6 456
-
9 930
-
unemployment
1 467
-
2 256
-
pensions
6 006
-
9 237
-
health
3 417
-
5 255
-
total
17 457
-
26 849
-
Corporate
147 986
221 000
-
-
income
32 557
48 620
-
-
total
32 557
48 620
-
-
Dividends
115 429
172 380
-
-
withholding
34 629
51 714
-
-
total
34 629
51 714
-
-
Income
221 000
221 000
221 000
221 000
Total tax
101 210
100 334
111 479
110 533
After tax
119 790
120 666
109 521
110 467
Living cost
38 990
38 990
38 990
38 990
Free-cash
80 800
81 676
70 531
71 477

Estimated living cost  is ₽38990 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
₽70615
₽84793
₽68696
₽97332
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
221 000
trade
-
-
-
28 636
income

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

-
-
-
73 108
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.

-
-
-
4 022
total
-
-
-
112 660
Employee

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

51 177
-
221 000
-
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
-
4 022
-
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
-
73 108
-
total
11 532
-
84 024
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
169 823
221 000
-
-
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
1 823
-
-
income
25 473
33 150
-
-
trade
27 935
36 354
-
-
chamber of commerce
395
467
-
-
total
55 205
71 794
-
-
Dividends
114 619
149 205
-
-
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.

1 555
2 030
-
-
withholding
28 271
36 917
-
-
total
29 826
38 947
-
-
Income
221 000
221 000
221 000
221 000
Total tax
96 563
110 741
84 024
112 660
After tax
124 437
110 259
136 976
108 340
Living cost
39 644
39 644
39 644
39 644
Free-cash
84 793
70 615
97 332
68 696

Estimated living cost  is ₽39644 per week

₽26514
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4181
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
₽128351
₽124164
₽116156
₽114330
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
221 000
income
-
-
-
50 148
health
-
-
-
5 636
social contributions
-
-
-
16 328
total
-
-
-
72 112
Employee
77 600
77 600
208 456
-
social contributions
3 771
6 440
8 687
-
health
772
1 319
3 543
-
income
8 149
7 183
49 164
-
total
12 692
14 942
61 394
-
Employer
77 600
77 600
208 456
-
social contributions
3 771
6 440
8 687
-
health
841
1 436
3 857
-
total
4 612
7 876
12 544
-
Corporate
170 965
135 523
-
-
income
21 370
16 941
-
-
total
21 370
16 941
-
-
Dividends
149 594
118 582
-
-
withholding
25 430
20 158
-
-
total
25 430
20 158
-
-
Income
221 000
221 000
221 000
221 000
Total tax
64 104
59 917
73 938
72 112
After tax
156 896
161 083
147 062
148 888
Living cost
32 732
32 732
32 732
32 732
Free-cash
124 164
128 351
114 330
116 156

Estimated living cost  is ₽32732 per week

₽22376
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.
₽7251
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽105720
₽106100
₽134761
₽109777
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
221 000
income
-
-
-
27 017
pensions
-
-
-
22 100
unemployment
-
-
-
3 315
health
-
-
-
15 470
total
-
-
-
67 902
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.

26 470
10 535
184 937
-
health
1 853
737
12 946
-
income
3 236
1 288
22 609
-
pensions
2 647
1 053
18 494
-
unemployment
397
158
2 774
-
total
8 133
3 236
56 823
-
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.

26 470
10 535
184 937
-
pensions
5 162
2 054
36 063
-
total
5 162
2 054
36 063
-
Corporate
189 369
208 411
-
-
income
17 043
18 757
-
-
total
17 043
18 757
-
-
Dividends
172 326
189 654
-
-
social contributions
33 483
36 862
-
-
withholding
32 742
36 034
-
-
total
66 225
72 896
-
-
Income
221 000
221 000
221 000
221 000
Total tax
96 563
96 943
92 886
67 902
After tax
124 437
124 057
128 114
153 098
Living cost
18 337
18 337
18 337
18 337
Free-cash
106 100
105 720
109 777
134 761

Estimated living cost  is ₽18337 per week

₽12513
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.
₽3957
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽152425
₽146154
₽94082
₽103006
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
221 000
income
-
-
-
29 613
pensions
-
-
-
44 200
health
-
-
-
28 730
total
-
-
-
102 543
Employee
28 629
-
165 171
-
income
3 223
-
31 844
-
pensions
573
-
3 304
-
unemployment
458
-
2 643
-
total
4 254
-
37 791
-
Employer
28 629
-
165 171
-
unemployment
230
-
1 321
-
pensions
5 726
-
33 035
-
health
3 721
-
21 472
-
total
9 677
-
55 828
-
Corporate
182 695
221 000
-
-
income
36 540
44 200
-
-
total
36 540
44 200
-
-
Dividends
146 155
176 800
-
-
total
-
-
-
-
Income
221 000
221 000
221 000
221 000
Total tax
50 471
44 200
93 619
102 543
After tax
170 529
176 800
127 381
118 457
Living cost
24 375
24 375
24 375
24 375
Free-cash
146 154
152 425
103 006
94 082

Estimated living cost  is ₽24375 per week

₽16719
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.
₽5715
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4168
₽14515
₽128847
₽99531
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
221 000
accident
-
-
-
253
income
-
-
-
63 097
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
70 084
Employee
34 715
-
201 641
-
health
3 975
-
23 088
-
income
4 763
-
49 300
-
pensions
3 909
-
7 653
-
total
12 647
-
80 041
-
Employer
34 715
-
201 641
-
accident
580
-
3 367
-
unemployment
850
-
4 940
-
pensions
5 645
-
11 052
-
total
7 075
-
19 359
-
Corporate
179 210
221 000
-
-
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.

161 289
198 900
-
-
total
161 289
198 900
-
-
Dividends
17 921
22 100
-
-
withholding
3 405
4 199
-
-
total
3 405
4 199
-
-
Income
221 000
221 000
221 000
221 000
Total tax
184 416
203 099
99 400
70 084
After tax
36 584
17 901
121 600
150 916
Living cost
22 069
22 069
22 069
22 069
Free-cash
14 515
-4 168
99 531
128 847

Estimated living cost  is ₽22069 per week

₽16174
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.
₽4211
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽200871
₽199169
₽209711
₽167721
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
221 000
microenterprise

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

-
-
-
2 210
total
-
-
-
2 210
Employee
11 349
-
221 000
-
income
2 269
-
44 200
-
total
2 269
-
44 200
-
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%.

209 651
221 000
-
-
total
-
-
-
-
Dividends
209 651
221 000
-
-
withholding
10 483
11 050
-
-
total
10 483
11 050
-
-
Income
221 000
221 000
221 000
221 000
Total tax
12 752
11 050
44 200
2 210
After tax
208 248
209 950
176 800
218 790
Living cost
9 079
9 079
9 079
9 079
Free-cash
199 169
200 871
167 721
209 711

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
₽135478
₽128664
₽104975
₽103135
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
221 000
income
-
-
-
38 262
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.

-
-
-
36 831
other
-
-
-
7 289
health
-
-
-
6 753
total
-
-
-
89 135
Employee
36 642
-
182 099
-
health
513
-
2 149
-
income
6 308
-
37 649
-
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
-
10 742
-
unemployment
366
-
1 534
-
total
9 751
-
52 074
-
Employer
36 642
-
182 099
-
accident
293
-
1 457
-
other
1 833
-
7 672
-
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.

6 230
-
26 089
-
health
513
-
2 149
-
total
9 235
-
38 901
-
Corporate
175 124
221 000
-
-
income
36 775
46 410
-
-
total
36 775
46 410
-
-
Dividends
138 348
174 590
-
-
withholding
9 685
12 222
-
-
total
9 685
12 222
-
-
Income
221 000
221 000
221 000
221 000
Total tax
65 446
58 632
90 975
89 135
After tax
155 554
162 368
130 025
131 865
Living cost
26 890
26 890
26 890
26 890
Free-cash
128 664
135 478
103 135
104 975

Estimated living cost  is ₽26890 per week

₽19000
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1816
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
₽72339
₽80495
₽75622
₽55855
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
221 000
income
-
-
-
67 688
pensions
-
-
-
9 963
total
-
-
-
77 651
Employee
95 823
-
192 663
-
health
1 579
-
2 628
-
income
17 273
-
54 509
-
pensions
9 244
-
11 943
-
total
28 096
-
69 080
-
Employer
95 823
-
192 663
-
pensions
11 314
-
24 678
-
health
1 820
-
3 660
-
total
13 134
-
28 338
-
Corporate
112 043
221 000
-
-
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.

21 288
41 991
-
-
total
21 288
41 991
-
-
Dividends
90 755
179 009
-
-
withholding
10 260
38 943
-
-
total
10 260
38 943
-
-
Income
221 000
221 000
221 000
221 000
Total tax
72 778
80 934
97 418
77 651
After tax
148 222
140 066
123 582
143 349
Living cost
67 727
67 727
67 727
67 727
Free-cash
80 495
72 339
55 855
75 622

Estimated living cost  is ₽67727 per week

₽50749
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
₽175716
₽171026
₽165194
₽174325
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
221 000
income
-
-
-
33 150
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
-
-
-
42 567
Employee
17 531
-
214 080
-
health
806
-
1 622
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
income
1 753
-
21 408
-
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
-
26 515
-
Employer
17 531
-
214 080
-
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
200 029
221 000
-
-
income
20 003
22 100
-
-
total
20 003
22 100
-
-
Dividends
180 026
198 900
-
-
withholding
9 001
9 945
-
-
total
9 001
9 945
-
-
Income
221 000
221 000
221 000
221 000
Total tax
36 735
32 045
33 436
42 567
After tax
184 265
188 955
187 564
178 433
Living cost
13 239
13 239
13 239
13 239
Free-cash
171 026
175 716
174 325
165 194

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
₽54102
₽56639
₽63041
₽85391
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
221 000
income
-
-
-
77 731
pensions
-
-
-
11 824
health
-
-
-
12 444
total
-
-
-
101 999
Employee
93 563
86 179
202 246
-
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.

14 106
14 106
36 627
-
pensions
11 824
11 824
11 824
-
total
37 602
37 181
60 895
-
Employer
93 563
86 179
202 246
-
unemployment
3 369
3 102
3 855
-
pensions
6 511
5 998
7 455
-
health
6 502
5 990
7 444
-
total
16 382
15 090
18 754
-
Corporate
111 056
119 730
-
-
income
22 211
23 946
-
-
total
22 211
23 946
-
-
Dividends
88 845
95 784
-
-
income
18 879
20 354
-
-
withholding
13 327
14 367
-
-
total
32 206
34 721
-
-
Income
221 000
221 000
221 000
221 000
Total tax
108 401
110 938
79 649
101 999
After tax
112 599
110 062
141 351
119 001
Living cost
55 960
55 960
55 960
55 960
Free-cash
56 639
54 102
85 391
63 041

Estimated living cost  is ₽55960 per week

₽41280
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
₽127989
₽119366
₽106149
₽96494
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
221 000
income
-
-
-
23 458
health
-
-
-
29 835
solidarity contribution
-
-
-
2 609
social contributions
-
-
-
34 779
total
-
-
-
90 681
Employee
35 544
-
175 434
-
social contributions
2 310
-
7 742
-
health
4 798
-
23 684
-
solidarity contribution
-
-
1 743
-
income
4 265
-
21 601
-
total
11 373
-
54 770
-
Employer
35 544
-
175 434
-
social contributions
8 886
-
29 777
-
health
3 199
-
15 789
-
total
12 085
-
45 566
-
Corporate
173 371
221 000
-
-
income
32 941
41 990
-
-
total
32 941
41 990
-
-
Dividends
140 431
179 010
-
-
withholding
21 065
26 851
-
-
total
21 065
26 851
-
-
Income
221 000
221 000
221 000
221 000
Total tax
77 464
68 841
100 336
90 681
After tax
143 536
152 159
120 664
130 319
Living cost
24 170
24 170
24 170
24 170
Free-cash
119 366
127 989
96 494
106 149

Estimated living cost  is ₽24170 per week

₽16789
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
₽75328
₽70059
₽63547
₽54991
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
221 000
municipal
-
-
-
1 364
regional
-
-
-
2 766
national
-
-
-
60 231
social contributions
-
-
-
50 509
total
-
-
-
114 870
Employee
89 689
-
221 000
-
social contributions
30 243
-
66 218
-
regional
846
-
2 492
-
municipal
475
-
1 239
-
national
15 541
-
53 477
-
total
47 105
-
123 426
-
Employer
89 689
-
221 000
-
total
-
-
-
-
Corporate
131 311
221 000
-
-
nationa
31 515
53 040
-
-
municipal
5 121
8 620
-
-
total
36 636
61 660
-
-
Dividends
94 676
159 340
-
-
withholding
24 617
41 429
-
-
total
24 617
41 429
-
-
Income
221 000
221 000
221 000
221 000
Total tax
108 358
103 089
123 426
114 870
After tax
112 642
117 911
97 574
106 130
Living cost
42 583
42 583
42 583
42 583
Free-cash
70 059
75 328
54 991
63 547

Estimated living cost  is ₽42583 per week

₽29684
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.
₽9453
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽116741
₽113600
₽81739
₽75572
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
221 000
income
-
-
-
68 750
pensions
-
-
-
26 938
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
9 562
surtax
-
-
-
11 512
total
-
-
-
116 992
Employee
33 373
-
192 649
-
other
-
-
-
-
health
852
-
3 434
-
surtax
109
-
10 303
-
income
5 594
-
62 713
-
pensions
2 225
-
8 984
-
unemployment
2 323
-
9 374
-
total
11 103
-
94 808
-
Employer
33 373
-
192 649
-
other
-
-
-
-
unemployment
1 057
-
4 269
-
pensions
4 449
-
17 954
-
health
1 519
-
6 128
-
total
7 025
-
28 351
-
Corporate
180 603
221 000
-
-
income
46 956
57 460
-
-
total
46 956
57 460
-
-
Dividends
133 647
163 540
-
-
withholding
20 047
24 530
-
-
total
20 047
24 530
-
-
Income
221 000
221 000
221 000
221 000
Total tax
85 131
81 990
123 159
116 992
After tax
135 869
139 010
97 841
104 008
Living cost
22 269
22 269
22 269
22 269
Free-cash
113 600
116 741
75 572
81 739

Estimated living cost  is ₽22269 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
₽93797
₽100487
₽97080
₽77313
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
221 000
income
-
-
-
67 688
pensions
-
-
-
9 963
total
-
-
-
77 651
Employee
64 218
-
192 663
-
health
932
-
2 628
-
income
11 566
-
54 509
-
pensions
5 451
-
11 943
-
total
17 949
-
69 080
-
Employer
64 218
-
192 663
-
pensions
6 952
-
24 678
-
health
1 220
-
3 660
-
total
8 172
-
28 338
-
Corporate
148 610
221 000
-
-
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.

28 237
41 991
-
-
total
28 237
41 991
-
-
Dividends
120 373
179 009
-
-
withholding
19 886
38 943
-
-
total
19 886
38 943
-
-
Income
221 000
221 000
221 000
221 000
Total tax
74 244
80 934
97 418
77 651
After tax
146 756
140 066
123 582
143 349
Living cost
46 269
46 269
46 269
46 269
Free-cash
100 487
93 797
77 313
97 080

Estimated living cost  is ₽46269 per week

₽34665
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.
₽7652
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽24785
₽57420
₽99209
₽91033
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
221 000
city
-
-
-
2 329
pensions
-
-
-
20 332
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.

-
-
-
4 419
regional
-
-
-
12 320
health
-
-
-
498
national
-
-
-
5 620
total
-
-
-
45 518
Employee
89 259
-
198 844
-
city
958
-
2 149
-
regional
2 923
-
10 962
-
health
202
-
447
-
pensions
7 499
-
15 544
-
unemployment
-
-
-
-
national
422
-
4 624
-
total
12 004
-
33 726
-
Employer
89 259
-
198 844
-
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.

1 785
-
3 977
-
unemployment
-
-
-
-
pensions
7 499
-
15 544
-
health
202
-
447
-
total
9 486
-
19 968
-
Corporate
121 275
221 000
-
-
regional
25 649
46 741
-
-
national
10 308
18 785
-
-
total
35 957
65 526
-
-
Dividends
85 318
155 475
-
-
withholding
29 860
54 416
-
-
total
29 860
54 416
-
-
Income
221 000
221 000
221 000
221 000
Total tax
87 307
119 942
53 694
45 518
After tax
133 693
101 058
167 306
175 482
Living cost
76 273
76 273
76 273
76 273
Free-cash
57 420
24 785
91 033
99 209

Estimated living cost  is ₽76273 per week

₽49599
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6845
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.
₽18892
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽62892
₽79253
₽60892
₽90746
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
221 000
trade
-
-
-
29 854
income

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

-
-
-
73 108
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.

-
-
-
4 022
total
-
-
-
113 878
Employee

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

60 649
-
221 000
-
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
-
4 022
-
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.

7 132
-
73 108
-
total
14 419
-
84 024
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
160 351
221 000
-
-
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.

1 323
1 823
-
-
income
24 053
33 150
-
-
trade
27 501
37 901
-
-
chamber of commerce
379
463
-
-
total
53 256
73 337
-
-
Dividends
107 094
147 662
-
-
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.

1 452
2 009
-
-
withholding
26 390
36 532
-
-
total
27 842
38 541
-
-
Income
221 000
221 000
221 000
221 000
Total tax
95 517
111 878
84 024
113 878
After tax
125 483
109 122
136 976
107 122
Living cost
46 230
46 230
46 230
46 230
Free-cash
79 253
62 892
90 746
60 892

Estimated living cost  is ₽46230 per week

₽33765
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.
₽8168
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76857
₽82818
₽86931
₽80838
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
221 000
income
-
-
-
40 415
pensions
-
-
-
35 286
other
-
-
-
6 850
health
-
-
-
10 694
surtax
-
-
-
-
social contributions
-
-
-
6 297
total
-
-
-
99 542
Employee
43 191
-
168 835
-
social contributions
1 231
-
4 811
-
surtax
-
-
-
-
income
2 549
-
36 005
-
pensions
4 883
-
12 655
-
total
8 663
-
53 471
-
Employer
43 191
-
168 835
-
other
1 490
-
6 975
-
social contributions
130
-
506
-
unemployment
1 748
-
6 837
-
pensions
7 095
-
21 141
-
health
3 024
-
16 705
-
total
13 487
-
52 164
-
Corporate
164 321
221 000
-
-
surtax
-
-
-
-
income
46 010
61 880
-
-
total
46 010
61 880
-
-
Dividends
118 311
159 120
-
-
surtax
-
-
-
-
social contributions
20 350
27 369
-
-
withholding
15 145
20 367
-
-
total
35 495
47 736
-
-
Income
221 000
221 000
221 000
221 000
Total tax
103 655
109 616
105 635
99 542
After tax
117 345
111 384
115 365
121 458
Living cost
34 527
34 527
34 527
34 527
Free-cash
82 818
76 857
80 838
86 931

Estimated living cost  is ₽34527 per week

₽21771
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2808
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.
₽9363
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80278
₽85886
₽90352
₽84259
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
221 000
income
-
-
-
40 415
pensions
-
-
-
35 286
other
-
-
-
6 850
health
-
-
-
10 694
surtax
-
-
-
-
social contributions
-
-
-
6 297
total
-
-
-
99 542
Employee
38 554
-
168 835
-
social contributions
1 099
-
4 811
-
surtax
-
-
-
-
income
1 988
-
36 005
-
pensions
4 361
-
12 655
-
total
7 448
-
53 471
-
Employer
38 554
-
168 835
-
other
1 331
-
6 975
-
social contributions
115
-
506
-
unemployment
1 561
-
6 837
-
pensions
6 335
-
21 141
-
health
2 698
-
16 705
-
total
12 040
-
52 164
-
Corporate
170 406
221 000
-
-
surtax
-
-
-
-
income
47 714
61 880
-
-
total
47 714
61 880
-
-
Dividends
122 692
159 120
-
-
surtax
-
-
-
-
social contributions
21 102
27 369
-
-
withholding
15 704
20 367
-
-
total
36 806
47 736
-
-
Income
221 000
221 000
221 000
221 000
Total tax
104 008
109 616
105 635
99 542
After tax
116 992
111 384
115 365
121 458
Living cost
31 106
31 106
31 106
31 106
Free-cash
85 886
80 278
84 259
90 352

Estimated living cost  is ₽31106 per week

₽18040
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.
₽9317
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽113432
₽113956
₽120527
₽114699
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
221 000
income
-
-
-
33 150
health
-
-
-
15 426
social contributions
-
-
-
30 498
total
-
-
-
79 074
Employee
34 217
-
221 000
-
social contributions
4 723
-
30 498
-
health
2 388
-
15 426
-
income
5 707
-
38 978
-
total
12 818
-
84 902
-
Employer
34 217
-
221 000
-
total
-
-
-
-
Corporate
186 783
221 000
-
-
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%.

9 340
11 050
-
-
total
9 340
11 050
-
-
Dividends
177 443
209 950
-
-
health
12 385
14 654
-
-
social contributions
24 486
28 973
-
-
withholding
26 616
31 492
-
-
total
63 487
75 119
-
-
Income
221 000
221 000
221 000
221 000
Total tax
85 645
86 169
84 902
79 074
After tax
135 355
134 831
136 098
141 926
Living cost
21 399
21 399
21 399
21 399
Free-cash
113 956
113 432
114 699
120 527

Estimated living cost  is ₽21399 per week

₽14321
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.
₽5265
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86306
₽84746
₽77753
₽22441
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
221 000
chamber of commerce
-
-
-
885
income
-
-
-
69 585
pensions
-
-
-
21 811
unemployment
-
-
-
6 190
health
-
-
-
9 018
surtax
-
-
-
199
total
-
-
-
107 688
Employee
50 434
40 217
182 177
-
other
504
402
1 180
-
health
1 951
1 557
4 562
-
income
5 741
2 966
58 238
-
pensions
5 165
4 117
12 073
-
unemployment
1 513
1 207
3 537
-
total
14 874
10 249
79 590
-
Employer
50 434
40 217
182 177
-
accident
655
523
1 532
-
other
2 396
1 909
8 107
-
chamber of commerce
201
161
730
-
unemployment
1 513
1 207
3 537
-
surtax
199
199
199
-
pensions
6 329
5 048
14 796
-
payroll
1 513
1 207
5 466
-
health
1 906
1 521
4 456
-
total
14 712
11 775
38 823
-
Corporate
155 855
169 009
178 347
-
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.

38 964
42 253
44 587
-
total
38 964
42 253
44 587
-
Dividends
116 890
126 757
-
-
withholding
32 145
34 858
-
-
total
32 145
34 858
-
-
Income
221 000
221 000
221 000
221 000
Total tax
100 695
99 135
163 000
107 688
After tax
120 305
121 865
58 000
113 312
Living cost
35 559
35 559
35 559
35 559
Free-cash
84 746
86 306
22 441
77 753

Estimated living cost  is ₽35559 per week

₽23716
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
₽84819
₽71578
₽59295
₽38599
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
221 000
national
-
-
-
87 998
communal

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

-
-
-
11 751
social contributions
-
-
-
25 160
total
-
-
-
124 909
Employee

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

72 186
-
171 173
-
communal

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

3 765
-
8 928
-
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.

3 392
-
8 045
-
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
-
12 839
-
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
-
1 490
-
national
22 193
-
64 477
-
total
35 392
-
95 779
-
Employer

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

72 186
-
171 173
-
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
-
2 225
-
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
-
2 499
-
surtax
8 185
-
19 411
-
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
-
15 166
-
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
-
10 525
-
total
21 011
-
49 826
-
Corporate
127 801
221 000
-
-
surtax
511
936
-
-
income
25 561
46 855
-
-
total
26 072
47 791
-
-
Dividends
101 729
173 209
-
-
withholding

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

30 151
51 594
-
-
total
30 151
51 594
-
-
Income
221 000
221 000
221 000
221 000
Total tax
112 626
99 385
145 605
124 909
After tax
108 374
121 615
75 395
96 091
Living cost
36 796
36 796
36 796
36 796
Free-cash
71 578
84 819
38 599
59 295

Estimated living cost  is ₽36796 per week

₽23701
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.
₽9302
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽110344
₽103432
₽87095
₽82860
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
221 000
accident
-
-
-
843
income
-
-
-
69 398
pensions
-
-
-
26 470
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
97 460
Employee
50 234
-
191 180
-
other
50
-
94
-
income
10 599
-
65 934
-
pensions
2 361
-
4 397
-
unemployment
779
-
1 450
-
total
13 789
-
71 875
-
Employer
50 234
-
191 180
-
accident
994
-
1 852
-
other
400
-
749
-
unemployment
2 763
-
5 144
-
pensions
11 854
-
22 075
-
total
16 011
-
29 820
-
Corporate
154 754
221 000
-
-
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.

23 213
33 150
-
-
total
23 213
33 150
-
-
Dividends
131 541
187 850
-
-
withholding
28 110
41 061
-
-
total
28 110
41 061
-
-
Income
221 000
221 000
221 000
221 000
Total tax
81 123
74 211
101 695
97 460
After tax
139 877
146 789
119 305
123 540
Living cost
36 445
36 445
36 445
36 445
Free-cash
103 432
110 344
82 860
87 095

Estimated living cost  is ₽36445 per week

₽26838
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
₽70816
₽56961
₽49582
₽58392
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
221 000
accident
-
-
-
1 863
income
-
-
-
41 137
pensions
-
-
-
33 125
health
-
-
-
15 528
surtax
-
-
-
10 956
communal
-
-
-
13 967
total
-
-
-
116 576
Employee
76 423
-
197 408
-
health
3 401
-
8 785
-
surtax
4 684
-
12 098
-
income
7 382
-
47 501
-
pensions
6 113
-
15 792
-
total
21 580
-
84 176
-
Employer
76 423
-
197 408
-
accident
688
-
1 777
-
pensions
6 113
-
15 792
-
health
2 331
-
6 021
-
total
9 132
-
23 590
-
Corporate
135 445
221 000
-
-
surtax
1 423
2 321
-
-
communal
9 143
14 917
-
-
income
20 317
33 150
-
-
total
30 883
50 388
-
-
Dividends
104 563
170 612
-
-
income
31 917
19 363
-
-
withholding
15 685
25 591
-
-
total
47 602
44 954
-
-
Income
221 000
221 000
221 000
221 000
Total tax
109 197
95 342
107 766
116 576
After tax
111 803
125 658
113 234
104 424
Living cost
54 842
54 842
54 842
54 842
Free-cash
56 961
70 816
58 392
49 582

Estimated living cost  is ₽54842 per week

₽41140
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.
₽9798
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽116343
₽113131
₽81341
₽75174
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
221 000
income
-
-
-
68 750
pensions
-
-
-
26 938
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
9 562
surtax
-
-
-
11 512
total
-
-
-
116 992
Employee
33 985
-
192 649
-
other
-
-
-
-
health
868
-
3 434
-
surtax
121
-
10 303
-
income
5 697
-
62 713
-
pensions
2 267
-
8 984
-
unemployment
2 365
-
9 374
-
total
11 318
-
94 808
-
Employer
33 985
-
192 649
-
other
-
-
-
-
unemployment
1 078
-
4 269
-
pensions
4 531
-
17 954
-
health
1 545
-
6 128
-
total
7 154
-
28 351
-
Corporate
179 860
221 000
-
-
income
46 765
57 460
-
-
total
46 765
57 460
-
-
Dividends
133 096
163 540
-
-
withholding
19 965
24 530
-
-
total
19 965
24 530
-
-
Income
221 000
221 000
221 000
221 000
Total tax
85 202
81 990
123 159
116 992
After tax
135 798
139 010
97 841
104 008
Living cost
22 667
22 667
22 667
22 667
Free-cash
113 131
116 343
75 174
81 341

Estimated living cost  is ₽22667 per week

₽13685
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
₽88978
₽86737
₽78249
₽69739
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
221 000
municipal
-
-
-
1 364
regional
-
-
-
3 462
national
-
-
-
60 231
social contributions
-
-
-
50 509
total
-
-
-
115 566
Employee
55 980
-
221 000
-
social contributions
18 877
-
66 218
-
regional
754
-
3 142
-
municipal
297
-
1 239
-
national
8 869
-
53 477
-
total
28 797
-
124 076
-
Employer
55 980
-
221 000
-
total
-
-
-
-
Corporate
165 020
221 000
-
-
nationa
39 604
53 040
-
-
municipal
8 202
10 983
-
-
total
47 806
64 023
-
-
Dividends
117 214
156 977
-
-
withholding
30 475
40 814
-
-
total
30 475
40 814
-
-
Income
221 000
221 000
221 000
221 000
Total tax
107 078
104 837
124 076
115 566
After tax
113 922
116 163
96 924
105 434
Living cost
27 185
27 185
27 185
27 185
Free-cash
86 737
88 978
69 739
78 249

Estimated living cost  is ₽27185 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
₽122376
₽111749
₽100536
₽90881
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
221 000
income
-
-
-
23 458
health
-
-
-
29 835
solidarity contribution
-
-
-
2 609
social contributions
-
-
-
34 779
total
-
-
-
90 681
Employee
43 799
-
175 434
-
social contributions
2 847
-
7 742
-
health
5 913
-
23 684
-
solidarity contribution
-
-
1 743
-
income
5 256
-
21 601
-
total
14 016
-
54 770
-
Employer
43 799
-
175 434
-
social contributions
10 950
-
29 777
-
health
3 942
-
15 789
-
total
14 892
-
45 566
-
Corporate
162 309
221 000
-
-
income
30 839
41 990
-
-
total
30 839
41 990
-
-
Dividends
131 470
179 010
-
-
withholding
19 721
26 851
-
-
total
19 721
26 851
-
-
Income
221 000
221 000
221 000
221 000
Total tax
79 468
68 841
100 336
90 681
After tax
141 532
152 159
120 664
130 319
Living cost
29 783
29 783
29 783
29 783
Free-cash
111 749
122 376
90 881
100 536

Estimated living cost  is ₽29783 per week

₽22149
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
₽89778
₽89280
₽81315
₽25857
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
221 000
chamber of commerce
-
-
-
885
income
-
-
-
69 585
pensions
-
-
-
21 811
unemployment
-
-
-
6 190
health
-
-
-
9 018
surtax
-
-
-
-
total
-
-
-
107 489
Employee
44 114
40 217
182 363
-
other
440
402
1 180
-
health
1 706
1 557
4 562
-
income
3 930
2 966
58 326
-
pensions
4 518
4 117
12 073
-
unemployment
1 323
1 207
3 537
-
total
11 917
10 249
79 678
-
Employer
44 114
40 217
182 363
-
accident
573
523
1 532
-
other
2 095
1 909
8 114
-
chamber of commerce
176
161
730
-
unemployment
1 323
1 207
3 537
-
surtax
-
-
-
-
pensions
5 537
5 048
14 796
-
payroll
1 323
1 207
5 471
-
health
1 668
1 521
4 456
-
total
12 695
11 576
38 636
-
Corporate
164 191
169 208
178 533
-
income

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

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

41 048
42 302
44 633
-
total
41 048
42 302
44 633
-
Dividends
123 143
126 906
-
-
withholding
33 864
34 899
-
-
total
33 864
34 899
-
-
Income
221 000
221 000
221 000
221 000
Total tax
99 524
99 026
162 947
107 489
After tax
121 476
121 974
58 053
113 511
Living cost
32 196
32 196
32 196
32 196
Free-cash
89 280
89 778
25 857
81 315

Estimated living cost  is ₽32196 per week

₽19314
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.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽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
₽195801
₽193148
₽204641
₽162651
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
221 000
microenterprise

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

-
-
-
2 210
total
-
-
-
2 210
Employee
17 686
-
221 000
-
income
3 537
-
44 200
-
total
3 537
-
44 200
-
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%.

203 314
221 000
-
-
total
-
-
-
-
Dividends
203 314
221 000
-
-
withholding
10 166
11 050
-
-
total
10 166
11 050
-
-
Income
221 000
221 000
221 000
221 000
Total tax
13 703
11 050
44 200
2 210
After tax
207 297
209 950
176 800
218 790
Living cost
14 149
14 149
14 149
14 149
Free-cash
193 148
195 801
162 651
204 641

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
₽125091
₽116650
₽76171
₽71371
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
221 000
income
-
-
-
55 324
pensions
-
-
-
40 360
unemployment
-
-
-
331
health
-
-
-
21 746
total
-
-
-
117 761
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.

44 626
-
191 226
-
health
2 882
-
12 354
-
income
7 696
-
50 525
-
pensions
6 917
-
29 640
-
unemployment
63
-
268
-
total
17 558
-
92 787
-
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.

44 626
-
191 226
-
unemployment
27
-
115
-
pensions
3 949
-
16 924
-
health
2 972
-
12 735
-
total
6 948
-
29 774
-
Corporate
169 426
221 000
-
-
income
32 191
41 990
-
-
total
32 191
41 990
-
-
Dividends
137 236
179 010
-
-
withholding
20 585
26 851
-
-
total
20 585
26 851
-
-
Income
221 000
221 000
221 000
221 000
Total tax
77 282
68 841
122 561
117 761
After tax
143 718
152 159
98 439
103 239
Living cost
27 068
27 068
27 068
27 068
Free-cash
116 650
125 091
71 371
76 171

Estimated living cost  is ₽27068 per week

₽18576
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.
₽6234
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90876
₽42835
₽109149
₽164133
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
221 000
income
-
-
-
43 077
social contributions
-
-
-
25 194
total
-
-
-
68 271
Employee
62 487
-
-
-
social contributions
5 124
-
730
-
income
13 783
-
-
-
total
18 907
-
730
-
Employer
62 487
-
-
-
social contributions
88 107
-
12 557
-
total
88 107
-
12 557
-
Corporate
70 406
221 000
-
-
income
15 489
48 620
-
-
total
15 489
48 620
-
-
Dividends
54 917
172 380
-
-
income
12 082
37 924
-
-
total
12 082
37 924
-
-
Income
221 000
221 000
221 000
221 000
Total tax
134 585
86 544
13 287
68 271
After tax
86 415
134 456
207 713
152 729
Living cost
43 580
43 580
43 580
43 580
Free-cash
42 835
90 876
164 133
109 149

Estimated living cost  is ₽43580 per week

₽28276
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4099
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.
₽10649
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94051
₽93034
₽83927
₽66893
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
221 000
income
-
-
-
28 622
surtax
-
-
-
-
social contributions

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

-
-
-
76 797
total
-
-
-
105 419
Employee
46 414
-
178 587
-
social contributions
5 106
-
19 645
-
surtax
-
-
144
-
income
9 654
-
60 251
-
total
14 760
-
80 040
-
Employer
46 414
-
178 587
-
social contributions
11 023
-
42 413
-
total
11 023
-
42 413
-
Corporate
163 563
221 000
-
-
surtax
-
-
-
-
income
34 349
46 410
-
-
total
34 349
46 410
-
-
Dividends
129 214
174 590
-
-
withholding
36 180
48 885
-
-
total
36 180
48 885
-
-
Income
221 000
221 000
221 000
221 000
Total tax
96 312
95 295
122 453
105 419
After tax
124 688
125 705
98 547
115 581
Living cost
31 654
31 654
31 654
31 654
Free-cash
93 034
94 051
66 893
83 927

Estimated living cost  is ₽31654 per week

₽23684
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
₽62643
₽69578
₽72717
₽66624
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
221 000
income
-
-
-
40 415
pensions
-
-
-
35 286
other
-
-
-
6 850
health
-
-
-
10 694
surtax
-
-
-
-
social contributions
-
-
-
6 297
total
-
-
-
99 542
Employee
63 206
-
168 835
-
social contributions
1 800
-
4 811
-
surtax
-
-
-
-
income
5 515
-
36 005
-
pensions
7 149
-
12 655
-
total
14 464
-
53 471
-
Employer
63 206
-
168 835
-
other
2 181
-
6 975
-
social contributions
190
-
506
-
unemployment
2 560
-
6 837
-
pensions
10 386
-
21 141
-
health
4 424
-
16 705
-
total
19 741
-
52 164
-
Corporate
138 053
221 000
-
-
surtax
-
-
-
-
income
38 654
61 880
-
-
total
38 654
61 880
-
-
Dividends
99 399
159 120
-
-
surtax
-
-
-
-
social contributions
17 098
27 369
-
-
withholding
12 724
20 367
-
-
total
29 822
47 736
-
-
Income
221 000
221 000
221 000
221 000
Total tax
102 681
109 616
105 635
99 542
After tax
118 319
111 384
115 365
121 458
Living cost
48 742
48 742
48 742
48 742
Free-cash
69 578
62 643
66 624
72 717

Estimated living cost  is ₽48742 per week

₽32987
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.
₽11098
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽168565
₽165175
₽130936
₽136807
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
221 000
income
-
-
-
11 109
social contributions
-
-
-
48 620
total
-
-
-
59 729
Employee
32 444
-
191 341
-
income
-
-
11 762
-
social contributions
2 109
-
12 437
-
total
2 109
-
24 199
-
Employer
32 444
-
191 341
-
social contributions
5 029
-
29 659
-
total
5 029
-
29 659
-
Corporate
183 527
221 000
-
-
income
18 352
22 100
-
-
total
18 352
22 100
-
-
Dividends
165 175
198 900
-
-
total
-
-
-
-
Income
221 000
221 000
221 000
221 000
Total tax
25 490
22 100
53 858
59 729
After tax
195 510
198 900
167 142
161 271
Living cost
30 335
30 335
30 335
30 335
Free-cash
165 175
168 565
136 807
130 936

Estimated living cost  is ₽30335 per week

₽19614
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2287
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
₽1029
₽586
₽79224
₽1029
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
221 000
municipal
-
-
-
47 317
pensions
-
-
-
875
national
-
-
-
27 351
labour market
-
-
-
17 610
total
-
-
-
93 153
Employee
205 225
205 225
205 225
-
labour market
16 395
16 395
16 395
-
national
25 072
25 072
25 072
-
municipal
43 701
43 701
43 701
-
pensions
292
292
292
-
total
85 460
85 460
85 460
-
Employer
205 225
205 225
205 225
-
labour market
16 418
16 418
16 418
-
municipal
43 771
43 771
43 771
-
pensions
583
583
583
-
national
25 116
25 116
25 116
-
total
85 888
85 888
85 888
-
Corporate
1 029
-
-
-
income
226
-
-
-
total
226
-
-
-
Dividends
803
-
-
-
withholding
217
-
-
-
total
217
-
-
-
Income
221 000
221 000
221 000
221 000
Total tax
171 791
171 348
171 348
93 153
After tax
49 209
49 652
49 652
127 847
Living cost
48 623
48 623
48 623
48 623
Free-cash
586
1 029
1 029
79 224

Estimated living cost  is ₽48623 per week

₽33278
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.
₽10296
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3842
₽14565
₽129173
₽99857
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
221 000
accident
-
-
-
253
income
-
-
-
63 097
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
70 084
Employee
34 203
-
201 641
-
health
3 917
-
23 088
-
income
4 692
-
49 300
-
pensions
3 852
-
7 653
-
total
12 461
-
80 041
-
Employer
34 203
-
201 641
-
accident
571
-
3 367
-
unemployment
838
-
4 940
-
pensions
5 561
-
11 052
-
total
6 970
-
19 359
-
Corporate
179 826
221 000
-
-
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.

161 844
198 900
-
-
total
161 844
198 900
-
-
Dividends
17 982
22 100
-
-
withholding
3 417
4 199
-
-
total
3 417
4 199
-
-
Income
221 000
221 000
221 000
221 000
Total tax
184 692
203 099
99 400
70 084
After tax
36 308
17 901
121 600
150 916
Living cost
21 743
21 743
21 743
21 743
Free-cash
14 565
-3 842
99 857
129 173

Estimated living cost  is ₽21743 per week

₽15827
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1239
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽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
₽97051
₽100168
₽97514
₽72202
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
221 000
municipal
-
-
-
39 244
health
-
-
-
2 982
national
-
-
-
42 515
total
-
-
-
84 741
Employee
53 094
-
185 918
-
health
396
-
2 442
-
municipal
8 696
-
30 264
-
pensions
3 583
-
12 550
-
unemployment
797
-
2 788
-
national
877
-
26 927
-
total
14 349
-
74 971
-
Employer
53 094
-
185 918
-
accident
54
-
186
-
unemployment
345
-
1 208
-
pensions
9 212
-
32 256
-
health
408
-
1 432
-
total
10 019
-
35 082
-
Corporate
157 888
221 000
-
-
income
31 578
44 200
-
-
total
31 578
44 200
-
-
Dividends

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

94 732
132 600
-
-
national
9 089
17 136
-
-
municipal
17 052
23 868
-
-
total
26 141
41 004
-
-
Income
221 000
221 000
221 000
221 000
Total tax
82 087
85 204
110 053
84 741
After tax
138 913
135 796
110 947
136 259
Living cost
38 745
38 745
38 745
38 745
Free-cash
100 168
97 051
72 202
97 514

Estimated living cost  is ₽38745 per week

₽25308
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.
₽9095
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽137718
₽132226
₽125523
₽123697
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
221 000
income
-
-
-
50 148
health
-
-
-
5 636
social contributions
-
-
-
16 328
total
-
-
-
72 112
Employee
77 600
77 600
208 456
-
social contributions
2 934
6 440
8 687
-
health
601
1 319
3 543
-
income
8 449
7 183
49 164
-
total
11 984
14 942
61 394
-
Employer
77 600
77 600
208 456
-
social contributions
2 934
6 440
8 687
-
health
653
1 436
3 857
-
total
3 587
7 876
12 544
-
Corporate
182 063
135 523
-
-
income
22 757
16 941
-
-
total
22 757
16 941
-
-
Dividends
159 306
118 582
-
-
withholding
27 081
20 158
-
-
total
27 081
20 158
-
-
Income
221 000
221 000
221 000
221 000
Total tax
65 409
59 917
73 938
72 112
After tax
155 591
161 083
147 062
148 888
Living cost
23 365
23 365
23 365
23 365
Free-cash
132 226
137 718
123 697
125 523

Estimated living cost  is ₽23365 per week

₽14003
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
₽166988
₽161852
₽172036
₽151794
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
221 000
income
-
-
-
22 841
pensions
-
-
-
6 419
unemployment
-
-
-
29
health
-
-
-
3 652
total
-
-
-
32 941
Employee

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

23 164
-
211 137
-
health
1 969
-
8 139
-
income
1 584
-
20 340
-
pensions
3 474
-
14 363
-
unemployment
115
-
479
-
total
7 142
-
43 321
-
Employer

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

23 164
-
211 137
-
unemployment
115
-
479
-
pensions
1 274
-
5 266
-
health
996
-
4 117
-
total
2 385
-
9 862
-
Corporate
195 452
221 000
-
-
income
17 590
19 890
-
-
total
17 590
19 890
-
-
Dividends
177 862
201 110
-
-
withholding
16 008
18 099
-
-
total
16 008
18 099
-
-
Income
221 000
221 000
221 000
221 000
Total tax
43 125
37 989
53 183
32 941
After tax
177 875
183 011
167 817
188 059
Living cost
16 023
16 023
16 023
16 023
Free-cash
161 852
166 988
151 794
172 036

Estimated living cost  is ₽16023 per week

₽10223
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
₽119038
₽114583
₽95789
₽91554
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
221 000
accident
-
-
-
843
income
-
-
-
69 398
pensions
-
-
-
26 470
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
97 460
Employee
37 315
-
191 180
-
other
36
-
94
-
income
7 194
-
65 934
-
pensions
1 754
-
4 397
-
unemployment
578
-
1 450
-
total
9 562
-
71 875
-
Employer
37 315
-
191 180
-
accident
739
-
1 852
-
other
299
-
749
-
unemployment
2 053
-
5 144
-
pensions
8 806
-
22 075
-
total
11 897
-
29 820
-
Corporate
171 789
221 000
-
-
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.

25 767
33 150
-
-
total
25 767
33 150
-
-
Dividends
146 021
187 850
-
-
withholding
31 440
41 061
-
-
total
31 440
41 061
-
-
Income
221 000
221 000
221 000
221 000
Total tax
78 666
74 211
101 695
97 460
After tax
142 334
146 789
119 305
123 540
Living cost
27 751
27 751
27 751
27 751
Free-cash
114 583
119 038
91 554
95 789

Estimated living cost  is ₽27751 per week

₽18731
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
₽135148
₽134694
₽139276
₽139078
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
221 000
income
-
-
-
75 501
pensions
-
-
-
2 010
health
-
-
-
1 457
total
-
-
-
78 968
Employee
4 198
-
218 738
-
health
210
-
503
-
income
812
-
75 395
-
pensions
378
-
905
-
unemployment
42
-
101
-
total
1 442
-
76 904
-
Employer
4 198
-
218 738
-
unemployment
84
-
201
-
pensions
462
-
1 106
-
health
399
-
955
-
total
945
-
2 262
-
Corporate
215 858
221 000
-
-
income
47 489
48 620
-
-
total
47 489
48 620
-
-
Dividends
168 369
172 380
-
-
withholding
33 674
34 476
-
-
total
33 674
34 476
-
-
Income
221 000
221 000
221 000
221 000
Total tax
83 550
83 096
79 166
78 968
After tax
137 450
137 904
141 834
142 032
Living cost
2 756
2 756
2 756
2 756
Free-cash
134 694
135 148
139 078
139 276

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
₽142219
₽137255
₽124320
₽124321
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
221 000
income
-
-
-
51 034
pensions
-
-
-
19 392
unemployment
-
-
-
1 119
health
-
-
-
7 682
total
-
-
-
79 227
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
-
207 649
-
health
1 355
-
3 841
-
income
3 628
-
51 034
-
pensions
3 685
-
10 442
-
unemployment
197
-
559
-
total
8 865
-
65 876
-
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
-
207 649
-
unemployment
197
-
559
-
pensions
3 158
-
8 950
-
health
1 355
-
3 841
-
total
4 710
-
13 350
-
Corporate
189 970
221 000
-
-
income
28 496
33 150
-
-
total
28 496
33 150
-
-
Dividends
161 475
187 850
-
-
withholding
24 221
28 178
-
-
total
24 221
28 178
-
-
Income
221 000
221 000
221 000
221 000
Total tax
66 292
61 328
79 226
79 227
After tax
154 708
159 672
141 774
141 773
Living cost
17 453
17 453
17 453
17 453
Free-cash
137 255
142 219
124 321
124 320

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
₽98499
₽98134
₽88375
₽71341
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
221 000
income
-
-
-
28 622
surtax
-
-
-
-
social contributions

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

-
-
-
76 797
total
-
-
-
105 419
Employee
39 168
-
178 587
-
social contributions
4 309
-
19 645
-
surtax
-
-
144
-
income
7 653
-
60 251
-
total
11 962
-
80 040
-
Employer
39 168
-
178 587
-
social contributions
9 302
-
42 413
-
total
9 302
-
42 413
-
Corporate
172 530
221 000
-
-
surtax
-
-
-
-
income
36 232
46 410
-
-
total
36 232
46 410
-
-
Dividends
136 299
174 590
-
-
withholding
38 164
48 885
-
-
total
38 164
48 885
-
-
Income
221 000
221 000
221 000
221 000
Total tax
95 660
95 295
122 453
105 419
After tax
125 340
125 705
98 547
115 581
Living cost
27 206
27 206
27 206
27 206
Free-cash
98 134
98 499
71 341
88 375

Estimated living cost  is ₽27206 per week

₽19270
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
₽111322
₽104718
₽88073
₽83838
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
221 000
accident
-
-
-
843
income
-
-
-
69 398
pensions
-
-
-
26 470
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
97 460
Employee
48 738
-
191 180
-
other
48
-
94
-
income
10 180
-
65 934
-
pensions
2 290
-
4 397
-
unemployment
755
-
1 450
-
total
13 273
-
71 875
-
Employer
48 738
-
191 180
-
accident
965
-
1 852
-
other
391
-
749
-
unemployment
2 681
-
5 144
-
pensions
11 502
-
22 075
-
total
15 539
-
29 820
-
Corporate
156 723
221 000
-
-
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.

23 508
33 150
-
-
total
23 508
33 150
-
-
Dividends
133 215
187 850
-
-
withholding
28 495
41 061
-
-
total
28 495
41 061
-
-
Income
221 000
221 000
221 000
221 000
Total tax
80 815
74 211
101 695
97 460
After tax
140 185
146 789
119 305
123 540
Living cost
35 467
35 467
35 467
35 467
Free-cash
104 718
111 322
83 838
88 073

Estimated living cost  is ₽35467 per week

₽25471
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
₽171584
₽165431
₽161062
₽170193
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
221 000
income
-
-
-
33 150
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
-
-
-
42 567
Employee
23 001
-
214 080
-
health
1 058
-
1 622
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
income
2 300
-
21 408
-
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
-
26 515
-
Employer
23 001
-
214 080
-
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
193 486
221 000
-
-
income
19 348
22 100
-
-
total
19 348
22 100
-
-
Dividends
174 138
198 900
-
-
withholding
8 707
9 945
-
-
total
8 707
9 945
-
-
Income
221 000
221 000
221 000
221 000
Total tax
38 198
32 045
33 436
42 567
After tax
182 802
188 955
187 564
178 433
Living cost
17 370
17 370
17 370
17 370
Free-cash
165 431
171 584
170 193
161 062

Estimated living cost  is ₽17370 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
₽74704
₽87906
₽73035
₽98015
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
221 000
trade
-
-
-
24 980
income

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

-
-
-
73 108
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.

-
-
-
4 022
total
-
-
-
109 004
Employee

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

50 212
-
221 000
-
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
-
4 022
-
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
-
73 108
-
total
11 251
-
84 024
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
170 788
221 000
-
-
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.

1 410
1 823
-
-
income
25 618
33 150
-
-
trade
24 507
31 714
-
-
chamber of commerce
404
477
-
-
total
51 939
67 164
-
-
Dividends
118 849
153 836
-
-
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.

1 613
2 095
-
-
withholding
29 330
38 076
-
-
total
30 943
40 171
-
-
Income
221 000
221 000
221 000
221 000
Total tax
94 133
107 335
84 024
109 004
After tax
126 867
113 665
136 976
111 996
Living cost
38 961
38 961
38 961
38 961
Free-cash
87 906
74 704
98 015
73 035

Estimated living cost  is ₽38961 per week

₽26876
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
₽97213
₽99440
₽53920
₽53920
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
221 000
income
-
-
-
71 720
social contributions
-
-
-
37 873
total
-
-
-
109 593
Employee
78 939
-
221 000
-
income
14 896
-
71 720
-
social contributions
6 558
-
37 873
-
total
21 454
-
109 593
-
Employer
78 939
-
221 000
-
total
-
-
-
-
Corporate
142 061
221 000
-
-
income
17 757
27 625
-
-
total
17 757
27 625
-
-
Dividends
124 304
193 375
-
-
withholding
24 862
38 675
-
-
total
24 862
38 675
-
-
Income
221 000
221 000
221 000
221 000
Total tax
64 073
66 300
109 593
109 593
After tax
156 927
154 700
111 407
111 407
Living cost
57 487
57 487
57 487
57 487
Free-cash
99 440
97 213
53 920
53 920

Estimated living cost  is ₽57487 per week

₽43735
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
₽101685
₽105213
₽144476
₽117864
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
221 000
income
-
-
-
33 150
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
-
-
-
39 891
Employee
46 295
-
216 358
-
income
5 023
-
57 219
-
social contributions
4 638
-
4 642
-
total
9 661
-
61 861
-
Employer
46 295
-
216 358
-
social contributions
4 638
-
4 642
-
total
4 638
-
4 642
-
Corporate
170 067
221 000
-
-
income
59 523
77 350
-
-
total
59 523
77 350
-
-
Dividends
110 544
143 650
-
-
social contributions
5 332
5 332
-
-
total
5 332
5 332
-
-
Income
221 000
221 000
221 000
221 000
Total tax
79 154
82 682
66 503
39 891
After tax
141 846
138 318
154 497
181 109
Living cost
36 633
36 633
36 633
36 633
Free-cash
105 213
101 685
117 864
144 476

Estimated living cost  is ₽36633 per week

₽24130
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.
₽9053
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽102451
₽108447
₽105734
₽85967
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
221 000
income
-
-
-
67 688
pensions
-
-
-
9 963
total
-
-
-
77 651
Employee
51 632
-
192 663
-
health
674
-
2 628
-
income
9 403
-
54 509
-
pensions
3 941
-
11 943
-
total
14 018
-
69 080
-
Employer
51 632
-
192 663
-
pensions
5 217
-
24 678
-
health
981
-
3 660
-
total
6 198
-
28 338
-
Corporate
163 170
221 000
-
-
income

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

31 002
41 991
-
-
total
31 002
41 991
-
-
Dividends
132 167
179 009
-
-
withholding
23 720
38 943
-
-
total
23 720
38 943
-
-
Income
221 000
221 000
221 000
221 000
Total tax
74 938
80 934
97 418
77 651
After tax
146 062
140 066
123 582
143 349
Living cost
37 615
37 615
37 615
37 615
Free-cash
108 447
102 451
85 967
105 734

Estimated living cost  is ₽37615 per week

₽25804
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
-₽5995
₽14234
₽127020
₽97704
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
221 000
accident
-
-
-
253
income
-
-
-
63 097
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
70 084
Employee
37 589
-
201 641
-
health
4 304
-
23 088
-
income
5 157
-
49 300
-
pensions
4 233
-
7 653
-
total
13 694
-
80 041
-
Employer
37 589
-
201 641
-
accident
628
-
3 367
-
unemployment
921
-
4 940
-
pensions
6 112
-
11 052
-
total
7 661
-
19 359
-
Corporate
175 751
221 000
-
-
income

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

158 176
198 900
-
-
total
158 176
198 900
-
-
Dividends
17 575
22 100
-
-
withholding
3 339
4 199
-
-
total
3 339
4 199
-
-
Income
221 000
221 000
221 000
221 000
Total tax
182 870
203 099
99 400
70 084
After tax
38 130
17 901
121 600
150 916
Living cost
23 896
23 896
23 896
23 896
Free-cash
14 234
-5 995
97 704
127 020

Estimated living cost  is ₽23896 per week

₽17537
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1392
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽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
₽155434
₽152380
₽125896
₽148088
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
221 000
work injury
-
-
-
807
health insurance
-
-
-
11 943
income
-
-
-
37 091
pensions
-
-
-
29 695
unemployment
-
-
-
1 937
total
-
-
-
81 473
Employee

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

21 810
-
221 000
-
work injury
109
-
403
-
income
2 181
-
37 091
-
pensions
4 013
-
14 848
-
health insurance
1 614
-
5 971
-
unemployment
262
-
968
-
total
8 179
-
59 281
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
199 190
221 000
-
-
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%.

19 919
22 100
-
-
total
19 919
22 100
-
-
Dividends
179 271
198 900
-
-
withholding
26 891
29 835
-
-
total
26 891
29 835
-
-
Income
221 000
221 000
221 000
221 000
Total tax
54 989
51 935
59 281
81 473
After tax
166 011
169 065
161 719
139 527
Living cost
13 631
13 631
13 631
13 631
Free-cash
152 380
155 434
148 088
125 896

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
₽76204
₽71614
₽63183
₽54893
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
221 000
municipal
-
-
-
1 534
regional
-
-
-
5 340
national
-
-
-
60 231
social contributions
-
-
-
50 509
total
-
-
-
117 614
Employee
85 039
-
221 000
-
social contributions
28 675
-
66 218
-
regional
1 284
-
4 817
-
municipal
507
-
1 392
-
national
14 371
-
53 477
-
total
44 837
-
125 904
-
Employer
85 039
-
221 000
-
total
-
-
-
-
Corporate
135 961
221 000
-
-
nationa
32 631
53 040
-
-
municipal
6 553
10 652
-
-
total
39 184
63 692
-
-
Dividends
96 777
157 308
-
-
withholding
25 162
40 901
-
-
total
25 162
40 901
-
-
Income
221 000
221 000
221 000
221 000
Total tax
109 183
104 593
125 904
117 614
After tax
111 817
116 407
95 096
103 386
Living cost
40 203
40 203
40 203
40 203
Free-cash
71 614
76 204
54 893
63 183

Estimated living cost  is ₽40203 per week

₽28240
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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