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
₽ 184000
per

Your estimated
City
free-cash

Dresden , Germany
₽62226
₽73389
₽64214
₽85805
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
184 000
trade
-
-
-
21 591
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.

-
-
-
57 568
health

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

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

-
-
-
6 894
surtax

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

-
-
-
3 166
total
-
-
-
89 219
Employee

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

38 599
-
184 000
-
health

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

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

6 894
-
6 894
-
surtax

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

59
-
3 166
-
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
-
57 568
-
total
8 031
-
67 628
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
145 401
184 000
-
-
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.

1 199
1 519
-
-
income
21 811
27 600
-
-
trade
22 901
28 979
-
-
chamber of commerce
362
417
-
-
total
46 273
58 515
-
-
Dividends
99 129
125 485
-
-
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.

1 342
1 704
-
-
withholding
24 398
30 988
-
-
total
25 740
32 692
-
-
Income
184 000
184 000
184 000
184 000
Total tax
80 044
91 207
67 628
89 219
After tax
103 956
92 793
116 372
94 781
Living cost
30 567
30 567
30 567
30 567
Free-cash
73 389
62 226
85 805
64 214

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
₽63822
₽62974
₽56890
₽57877
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
184 000
municipal
-
-
-
20 205
pensions
-
-
-
22 080
national
-
-
-
31 853
social contributions
-
-
-
1 978
total
-
-
-
76 116
Employee
79 050
-
159 066
-
municipal
9 764
-
20 918
-
pensions
3 162
-
6 363
-
national
15 130
-
33 413
-
total
28 056
-
60 694
-
Employer
79 050
-
159 066
-
social contributions
850
-
1 710
-
pensions
6 324
-
12 725
-
total
7 174
-
14 435
-
Corporate
92 559
184 000
-
-
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%.

18 512
36 800
-
-
total
18 512
36 800
-
-
Dividends
74 047
147 200
-
-
withholding
16 290
32 384
-
-
total
16 290
32 384
-
-
Income
184 000
184 000
184 000
184 000
Total tax
70 032
69 184
75 129
76 116
After tax
113 968
114 816
108 871
107 884
Living cost
50 994
50 994
50 994
50 994
Free-cash
62 974
63 822
57 877
56 890

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
₽126205
₽117928
₽43036
₽56740
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
184 000
microenterprise
-
-
-
-
income
-
-
-
34 383
surtax
-
-
-
46 920
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
-
-
-
119 969
Employee
29 488
-
139 664
-
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
-
-
20 252
-
income
5 249
-
28 448
-
total
8 493
-
61 929
-
Employer
29 488
-
139 664
-
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
-
-
15 363
-
total
7 103
-
44 336
-
Corporate
147 409
184 000
-
-
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%.

29 481
36 800
-
-
total
29 481
36 800
-
-
Dividends

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

117 928
147 200
-
-
total
-
-
-
-
Income
184 000
184 000
184 000
184 000
Total tax
45 077
36 800
106 265
119 969
After tax
138 923
147 200
77 735
64 031
Living cost
20 995
20 995
20 995
20 995
Free-cash
117 928
126 205
56 740
43 036

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
₽48916
₽42733
₽58872
₽73360
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
184 000
income
-
-
-
58 584
pensions
-
-
-
11 824
health
-
-
-
12 444
total
-
-
-
82 852
Employee
86 179
86 179
165 246
-
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
25 342
-
pensions
15 512
11 824
11 824
-
total
42 846
37 181
49 610
-
Employer
86 179
86 179
165 246
-
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
83 787
82 730
-
-
income
16 757
16 546
-
-
total
16 757
16 546
-
-
Dividends
67 030
66 184
-
-
income
14 244
14 064
-
-
withholding
10 054
9 928
-
-
total
24 298
23 992
-
-
Income
184 000
184 000
184 000
184 000
Total tax
98 991
92 809
68 364
82 852
After tax
85 009
91 191
115 636
101 148
Living cost
42 276
42 276
42 276
42 276
Free-cash
42 733
48 916
73 360
58 872

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
₽61474
₽60598
₽54760
₽53815
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
184 000
municipal
-
-
-
47 487
accident
-
-
-
171
pensions
-
-
-
9 237
other
-
-
-
9 930
unemployment
-
-
-
86
health
-
-
-
5 332
national
-
-
-
18 007
total
-
-
-
90 250
Employee
55 558
-
157 151
-
municipal
16 567
-
46 862
-
national
-
-
17 484
-
total
16 567
-
64 346
-
Employer
55 558
-
157 151
-
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
110 986
184 000
-
-
income
24 417
40 480
-
-
total
24 417
40 480
-
-
Dividends
86 569
143 520
-
-
withholding
25 971
43 056
-
-
total
25 971
43 056
-
-
Income
184 000
184 000
184 000
184 000
Total tax
84 412
83 536
91 195
90 250
After tax
99 588
100 464
92 805
93 750
Living cost
38 990
38 990
38 990
38 990
Free-cash
60 598
61 474
53 815
54 760

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
₽52200
₽66384
₽54178
₽76728
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
184 000
trade
-
-
-
22 550
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.

-
-
-
57 568
health

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

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

-
-
-
6 894
surtax

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

-
-
-
3 166
total
-
-
-
90 178
Employee

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

51 177
-
184 000
-
health

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

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

6 894
-
6 894
-
surtax

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

241
-
3 166
-
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
-
57 568
-
total
11 532
-
67 628
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
132 823
184 000
-
-
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.

1 095
1 519
-
-
income
19 923
27 600
-
-
trade
21 849
30 268
-
-
chamber of commerce
343
416
-
-
total
43 210
59 803
-
-
Dividends
89 613
124 198
-
-
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.

1 210
1 687
-
-
withholding
22 020
30 666
-
-
total
23 230
32 353
-
-
Income
184 000
184 000
184 000
184 000
Total tax
77 972
92 156
67 628
90 178
After tax
106 028
91 844
116 372
93 822
Living cost
39 644
39 644
39 644
39 644
Free-cash
66 384
52 200
76 728
54 178

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
₽101478
₽97292
₽92720
₽91117
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
184 000
income
-
-
-
37 528
health
-
-
-
4 692
social contributions
-
-
-
16 328
total
-
-
-
58 548
Employee
77 600
77 600
172 128
-
social contributions
3 771
6 440
8 687
-
health
772
1 319
2 926
-
income
8 149
7 183
36 666
-
total
12 692
14 942
48 279
-
Employer
77 600
77 600
172 128
-
social contributions
3 771
6 440
8 687
-
health
841
1 436
3 185
-
total
4 612
7 876
11 872
-
Corporate
133 965
98 523
-
-
income
16 746
12 316
-
-
total
16 746
12 316
-
-
Dividends
117 219
86 207
-
-
withholding
19 926
14 656
-
-
total
19 926
14 656
-
-
Income
184 000
184 000
184 000
184 000
Total tax
53 976
49 790
60 151
58 548
After tax
130 024
134 210
123 849
125 452
Living cost
32 732
32 732
32 732
32 732
Free-cash
97 292
101 478
91 117
92 720

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
₽85012
₽85393
₽109129
₽88330
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
184 000
income
-
-
-
22 494
pensions
-
-
-
18 400
unemployment
-
-
-
2 760
health
-
-
-
12 880
total
-
-
-
56 534
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
153 975
-
health
1 853
737
10 778
-
income
3 236
1 288
18 823
-
pensions
2 647
1 053
15 397
-
unemployment
397
158
2 310
-
total
8 133
3 236
47 308
-
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
153 975
-
pensions
5 162
2 054
30 025
-
total
5 162
2 054
30 025
-
Corporate
152 369
171 411
-
-
income
13 713
15 427
-
-
total
13 713
15 427
-
-
Dividends
138 656
155 984
-
-
social contributions
26 917
30 297
-
-
withholding
26 345
29 637
-
-
total
53 262
59 934
-
-
Income
184 000
184 000
184 000
184 000
Total tax
80 270
80 651
77 333
56 534
After tax
103 730
103 349
106 667
127 466
Living cost
18 337
18 337
18 337
18 337
Free-cash
85 393
85 012
88 330
109 129

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
₽122825
₽116556
₽74249
₽81682
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
184 000
income
-
-
-
24 657
pensions
-
-
-
36 800
health
-
-
-
23 919
total
-
-
-
85 376
Employee
28 629
-
137 521
-
income
3 223
-
26 514
-
pensions
573
-
2 750
-
unemployment
458
-
2 200
-
total
4 254
-
31 464
-
Employer
28 629
-
137 521
-
unemployment
230
-
1 099
-
pensions
5 726
-
27 503
-
health
3 721
-
17 877
-
total
9 677
-
46 479
-
Corporate
145 695
184 000
-
-
income
29 138
36 800
-
-
total
29 138
36 800
-
-
Dividends
116 556
147 200
-
-
total
-
-
-
-
Income
184 000
184 000
184 000
184 000
Total tax
43 069
36 800
77 943
85 376
After tax
140 931
147 200
106 057
98 624
Living cost
24 375
24 375
24 375
24 375
Free-cash
116 556
122 825
81 682
74 249

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
-₽7165
₽11518
₽103687
₽78133
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
184 000
accident
-
-
-
253
income
-
-
-
51 257
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
58 244
Employee
34 715
-
166 105
-
health
3 975
-
19 019
-
income
4 763
-
39 231
-
pensions
3 909
-
7 653
-
total
12 647
-
65 903
-
Employer
34 715
-
166 105
-
accident
580
-
2 774
-
unemployment
850
-
4 069
-
pensions
5 645
-
11 052
-
total
7 075
-
17 895
-
Corporate
142 210
184 000
-
-
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.

127 989
165 600
-
-
total
127 989
165 600
-
-
Dividends
14 221
18 400
-
-
withholding
2 702
3 496
-
-
total
2 702
3 496
-
-
Income
184 000
184 000
184 000
184 000
Total tax
150 413
169 096
83 798
58 244
After tax
33 587
14 904
100 202
125 756
Living cost
22 069
22 069
22 069
22 069
Free-cash
11 518
-7 165
78 133
103 687

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
₽165721
₽164019
₽173081
₽138121
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
184 000
microenterprise

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

-
-
-
1 840
total
-
-
-
1 840
Employee
11 349
-
184 000
-
income
2 269
-
36 800
-
total
2 269
-
36 800
-
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%.

172 651
184 000
-
-
total
-
-
-
-
Dividends
172 651
184 000
-
-
withholding
8 633
9 200
-
-
total
8 633
9 200
-
-
Income
184 000
184 000
184 000
184 000
Total tax
10 902
9 200
36 800
1 840
After tax
173 098
174 800
147 200
182 160
Living cost
9 079
9 079
9 079
9 079
Free-cash
164 019
165 721
138 121
173 081

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
₽108294
₽101481
₽77225
₽77245
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
184 000
income
-
-
-
29 012
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
-
-
-
79 885
Employee
36 642
-
146 966
-
health
513
-
2 057
-
income
6 308
-
29 017
-
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
-
10 288
-
unemployment
366
-
1 469
-
total
9 751
-
42 831
-
Employer
36 642
-
146 966
-
accident
293
-
1 176
-
other
1 833
-
7 348
-
unemployment
366
-
1 469
-
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
-
24 984
-
health
513
-
2 057
-
total
9 235
-
37 034
-
Corporate
138 124
184 000
-
-
income
29 006
38 641
-
-
total
29 006
38 641
-
-
Dividends
109 118
145 359
-
-
withholding
7 637
10 175
-
-
total
7 637
10 175
-
-
Income
184 000
184 000
184 000
184 000
Total tax
55 629
48 816
79 865
79 885
After tax
128 371
135 184
104 135
104 115
Living cost
26 890
26 890
26 890
26 890
Free-cash
101 481
108 294
77 245
77 225

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
₽52112
₽56226
₽53866
₽37242
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
184 000
income
-
-
-
53 184
pensions
-
-
-
9 223
total
-
-
-
62 407
Employee
95 823
-
160 683
-
health
1 579
-
2 309
-
income
17 273
-
42 102
-
pensions
9 244
-
11 303
-
total
28 096
-
55 714
-
Employer
95 823
-
160 683
-
pensions
11 314
-
20 264
-
health
1 820
-
3 053
-
total
13 134
-
23 317
-
Corporate
75 043
184 000
-
-
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.

14 258
34 959
-
-
total
14 258
34 959
-
-
Dividends
60 785
149 041
-
-
withholding
4 559
29 202
-
-
total
4 559
29 202
-
-
Income
184 000
184 000
184 000
184 000
Total tax
60 047
64 161
79 031
62 407
After tax
123 953
119 839
104 969
121 593
Living cost
67 727
67 727
67 727
67 727
Free-cash
56 226
52 112
37 242
53 866

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
₽144081
₽139391
₽133744
₽141025
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
184 000
income
-
-
-
27 600
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
-
-
-
37 017
Employee
17 531
-
177 080
-
health
806
-
1 622
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
income
1 753
-
17 708
-
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
-
22 815
-
Employer
17 531
-
177 080
-
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
163 029
184 000
-
-
income
16 303
18 400
-
-
total
16 303
18 400
-
-
Dividends
146 726
165 600
-
-
withholding
7 336
8 280
-
-
total
7 336
8 280
-
-
Income
184 000
184 000
184 000
184 000
Total tax
31 370
26 680
29 736
37 017
After tax
152 630
157 320
154 264
146 983
Living cost
13 239
13 239
13 239
13 239
Free-cash
139 391
144 081
141 025
133 744

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
₽35231
₽37769
₽45188
₽59676
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
184 000
income
-
-
-
58 584
pensions
-
-
-
11 824
health
-
-
-
12 444
total
-
-
-
82 852
Employee
93 563
86 179
165 246
-
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
25 342
-
pensions
11 824
11 824
11 824
-
total
37 602
37 181
49 610
-
Employer
93 563
86 179
165 246
-
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
74 056
82 730
-
-
income
14 811
16 546
-
-
total
14 811
16 546
-
-
Dividends
59 244
66 184
-
-
income
12 590
14 064
-
-
withholding
8 886
9 928
-
-
total
21 476
23 992
-
-
Income
184 000
184 000
184 000
184 000
Total tax
90 271
92 809
68 364
82 852
After tax
93 729
91 191
115 636
101 148
Living cost
55 960
55 960
55 960
55 960
Free-cash
37 769
35 231
59 676
45 188

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
₽102514
₽93892
₽81185
₽73279
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
184 000
income
-
-
-
18 657
health
-
-
-
24 840
solidarity contribution
-
-
-
369
social contributions
-
-
-
34 779
total
-
-
-
78 645
Employee
35 544
-
141 489
-
social contributions
2 310
-
7 742
-
health
4 798
-
19 101
-
solidarity contribution
-
-
-
-
income
4 265
-
17 197
-
total
11 373
-
44 040
-
Employer
35 544
-
141 489
-
social contributions
8 886
-
29 777
-
health
3 199
-
12 734
-
total
12 085
-
42 511
-
Corporate
136 371
184 000
-
-
income
25 911
34 960
-
-
total
25 911
34 960
-
-
Dividends
110 461
149 040
-
-
withholding
16 569
22 356
-
-
total
16 569
22 356
-
-
Income
184 000
184 000
184 000
184 000
Total tax
65 938
57 316
86 551
78 645
After tax
118 062
126 684
97 449
105 355
Living cost
24 170
24 170
24 170
24 170
Free-cash
93 892
102 514
73 279
81 185

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
₽55588
₽50319
₽44989
₽36680
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
184 000
municipal
-
-
-
1 094
regional
-
-
-
2 178
national
-
-
-
45 830
social contributions
-
-
-
47 326
total
-
-
-
96 428
Employee
89 689
-
184 000
-
social contributions
30 243
-
62 045
-
regional
846
-
1 923
-
municipal
475
-
975
-
national
15 541
-
39 794
-
total
47 105
-
104 737
-
Employer
89 689
-
184 000
-
total
-
-
-
-
Corporate
94 311
184 000
-
-
nationa
22 634
44 160
-
-
municipal
3 679
7 176
-
-
total
26 313
51 336
-
-
Dividends
67 998
132 664
-
-
withholding
17 680
34 493
-
-
total
17 680
34 493
-
-
Income
184 000
184 000
184 000
184 000
Total tax
91 098
85 829
104 737
96 428
After tax
92 902
98 171
79 263
87 572
Living cost
42 583
42 583
42 583
42 583
Free-cash
50 319
55 588
36 680
44 989

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
₽93466
₽90327
₽64720
₽58549
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
184 000
income
-
-
-
52 100
pensions
-
-
-
26 938
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
9 562
surtax
-
-
-
8 181
total
-
-
-
97 011
Employee
33 373
-
155 649
-
other
-
-
-
-
health
852
-
3 434
-
surtax
109
-
6 975
-
income
5 594
-
46 064
-
pensions
2 225
-
8 984
-
unemployment
2 323
-
9 374
-
total
11 103
-
74 831
-
Employer
33 373
-
155 649
-
other
-
-
-
-
unemployment
1 057
-
4 269
-
pensions
4 449
-
17 954
-
health
1 519
-
6 128
-
total
7 025
-
28 351
-
Corporate
143 603
184 000
-
-
income
37 337
47 841
-
-
total
37 337
47 841
-
-
Dividends
106 266
136 159
-
-
withholding
15 939
20 424
-
-
total
15 939
20 424
-
-
Income
184 000
184 000
184 000
184 000
Total tax
71 404
68 265
103 182
97 011
After tax
112 596
115 735
80 818
86 989
Living cost
22 269
22 269
22 269
22 269
Free-cash
90 327
93 466
58 549
64 720

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
₽73570
₽80259
₽75324
₽58700
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
184 000
income
-
-
-
53 184
pensions
-
-
-
9 223
total
-
-
-
62 407
Employee
64 218
-
160 683
-
health
932
-
2 309
-
income
11 566
-
42 102
-
pensions
5 451
-
11 303
-
total
17 949
-
55 714
-
Employer
64 218
-
160 683
-
pensions
6 952
-
20 264
-
health
1 220
-
3 053
-
total
8 172
-
23 317
-
Corporate
111 610
184 000
-
-
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.

21 205
34 959
-
-
total
21 205
34 959
-
-
Dividends
90 405
149 041
-
-
withholding
10 146
29 202
-
-
total
10 146
29 202
-
-
Income
184 000
184 000
184 000
184 000
Total tax
57 472
64 161
79 031
62 407
After tax
126 528
119 839
104 969
121 593
Living cost
46 269
46 269
46 269
46 269
Free-cash
80 259
73 570
58 700
75 324

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
₽7865
₽40499
₽71938
₽63633
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
184 000
city
-
-
-
1 939
pensions
-
-
-
16 927
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.

-
-
-
3 681
regional
-
-
-
9 372
health
-
-
-
413
national
-
-
-
3 457
total
-
-
-
35 789
Employee
89 259
-
164 692
-
city
958
-
1 769
-
regional
2 923
-
8 085
-
health
202
-
370
-
pensions
7 499
-
13 832
-
unemployment
-
-
-
-
national
422
-
2 543
-
total
12 004
-
26 599
-
Employer
89 259
-
164 692
-
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
-
3 293
-
unemployment
-
-
-
-
pensions
7 499
-
13 832
-
health
202
-
370
-
total
9 486
-
17 495
-
Corporate
84 275
184 000
-
-
regional
17 825
38 917
-
-
national
7 164
15 640
-
-
total
24 989
54 557
-
-
Dividends
59 286
129 443
-
-
withholding
20 749
45 305
-
-
total
20 749
45 305
-
-
Income
184 000
184 000
184 000
184 000
Total tax
67 228
99 862
44 094
35 789
After tax
116 772
84 138
139 906
148 211
Living cost
76 273
76 273
76 273
76 273
Free-cash
40 499
7 865
63 633
71 938

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
₽44668
₽61033
₽46632
₽70142
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
184 000
trade
-
-
-
23 510
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.

-
-
-
57 568
health

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

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

-
-
-
6 894
surtax

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

-
-
-
3 166
total
-
-
-
91 138
Employee

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

60 649
-
184 000
-
health

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

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

6 894
-
6 894
-
surtax

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

393
-
3 166
-
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
-
57 568
-
total
14 419
-
67 628
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
123 351
184 000
-
-
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.

1 017
1 519
-
-
income
18 504
27 600
-
-
trade
21 154
31 557
-
-
chamber of commerce
327
412
-
-
total
41 002
61 088
-
-
Dividends
82 349
122 913
-
-
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.

1 111
1 668
-
-
withholding
20 204
30 345
-
-
total
21 315
32 013
-
-
Income
184 000
184 000
184 000
184 000
Total tax
76 736
93 101
67 628
91 138
After tax
107 264
90 899
116 372
92 862
Living cost
46 230
46 230
46 230
46 230
Free-cash
61 033
44 668
70 142
46 632

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
₽58209
₽64173
₽69061
₽65868
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
184 000
income
-
-
-
29 275
pensions
-
-
-
32 214
other
-
-
-
5 703
health
-
-
-
7 976
surtax
-
-
-
-
social contributions
-
-
-
5 244
total
-
-
-
80 412
Employee
43 191
-
142 228
-
social contributions
1 231
-
4 052
-
surtax
-
-
-
-
income
2 549
-
27 820
-
pensions
4 883
-
9 960
-
total
8 663
-
41 832
-
Employer
43 191
-
142 228
-
other
1 490
-
5 579
-
social contributions
130
-
427
-
unemployment
1 748
-
5 761
-
pensions
7 095
-
16 760
-
health
3 024
-
13 246
-
total
13 487
-
41 773
-
Corporate
127 321
184 000
-
-
surtax
-
-
-
-
income
35 649
51 520
-
-
total
35 649
51 520
-
-
Dividends
91 672
132 480
-
-
surtax
-
-
-
-
social contributions
15 767
22 786
-
-
withholding
11 734
16 958
-
-
total
27 501
39 744
-
-
Income
184 000
184 000
184 000
184 000
Total tax
85 300
91 264
83 605
80 412
After tax
98 700
92 736
100 395
103 588
Living cost
34 527
34 527
34 527
34 527
Free-cash
64 173
58 209
65 868
69 061

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
₽61630
₽67236
₽72482
₽69289
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
184 000
income
-
-
-
29 275
pensions
-
-
-
32 214
other
-
-
-
5 703
health
-
-
-
7 976
surtax
-
-
-
-
social contributions
-
-
-
5 244
total
-
-
-
80 412
Employee
38 554
-
142 228
-
social contributions
1 099
-
4 052
-
surtax
-
-
-
-
income
1 988
-
27 820
-
pensions
4 361
-
9 960
-
total
7 448
-
41 832
-
Employer
38 554
-
142 228
-
other
1 331
-
5 579
-
social contributions
115
-
427
-
unemployment
1 561
-
5 761
-
pensions
6 335
-
16 760
-
health
2 698
-
13 246
-
total
12 040
-
41 773
-
Corporate
133 406
184 000
-
-
surtax
-
-
-
-
income
37 354
51 520
-
-
total
37 354
51 520
-
-
Dividends
96 052
132 480
-
-
surtax
-
-
-
-
social contributions
16 521
22 786
-
-
withholding
12 295
16 958
-
-
total
28 816
39 744
-
-
Income
184 000
184 000
184 000
184 000
Total tax
85 658
91 264
83 605
80 412
After tax
98 342
92 736
100 395
103 588
Living cost
31 106
31 106
31 106
31 106
Free-cash
67 236
61 630
69 289
72 482

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
₽90859
₽91380
₽96766
₽92788
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
184 000
income
-
-
-
27 600
health
-
-
-
12 843
social contributions
-
-
-
25 392
total
-
-
-
65 835
Employee
34 217
-
184 000
-
social contributions
4 723
-
25 392
-
health
2 388
-
12 843
-
income
5 707
-
31 578
-
total
12 818
-
69 813
-
Employer
34 217
-
184 000
-
total
-
-
-
-
Corporate
149 783
184 000
-
-
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%.

7 490
9 200
-
-
total
7 490
9 200
-
-
Dividends
142 293
174 800
-
-
health
9 932
12 201
-
-
social contributions
19 637
24 122
-
-
withholding
21 344
26 219
-
-
total
50 913
62 542
-
-
Income
184 000
184 000
184 000
184 000
Total tax
71 221
71 742
69 813
65 835
After tax
112 779
112 258
114 187
118 165
Living cost
21 399
21 399
21 399
21 399
Free-cash
91 380
90 859
92 788
96 766

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
₽66187
₽64628
₽58896
₽13132
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
184 000
chamber of commerce
-
-
-
735
income
-
-
-
51 592
pensions
-
-
-
21 811
unemployment
-
-
-
6 190
health
-
-
-
9 018
surtax
-
-
-
199
total
-
-
-
89 545
Employee
50 434
40 217
147 696
-
other
504
402
1 180
-
health
1 951
1 557
4 562
-
income
5 741
2 966
41 686
-
pensions
5 165
4 117
12 073
-
unemployment
1 513
1 207
3 537
-
total
14 874
10 249
63 038
-
Employer
50 434
40 217
147 696
-
accident
655
523
1 532
-
other
2 396
1 909
6 762
-
chamber of commerce
201
161
590
-
unemployment
1 513
1 207
3 537
-
surtax
199
199
199
-
pensions
6 329
5 048
14 796
-
payroll
1 513
1 207
4 432
-
health
1 906
1 521
4 456
-
total
14 712
11 775
36 304
-
Corporate
118 855
132 009
143 866
-
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.

29 714
33 003
35 967
-
total
29 714
33 003
35 967
-
Dividends
89 140
99 007
-
-
withholding
24 513
27 227
-
-
total
24 513
27 227
-
-
Income
184 000
184 000
184 000
184 000
Total tax
83 813
82 254
135 309
89 545
After tax
100 187
101 746
48 691
94 455
Living cost
35 559
35 559
35 559
35 559
Free-cash
64 628
66 187
13 132
58 896

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
₽66097
₽50961
₽43016
₽27642
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
184 000
national
-
-
-
69 499
communal

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

-
-
-
9 529
social contributions
-
-
-
25 160
total
-
-
-
104 188
Employee

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

72 186
-
142 512
-
communal

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

3 765
-
7 432
-
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
-
6 699
-
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
-
10 688
-
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
-
1 239
-
national
22 193
-
52 021
-
total
35 392
-
78 079
-
Employer

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

72 186
-
142 512
-
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
-
1 852
-
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
-
2 080
-
surtax
8 185
-
16 160
-
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
-
12 626
-
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
-
8 765
-
total
21 011
-
41 483
-
Corporate
90 801
184 000
-
-
surtax
364
735
-
-
income
18 161
36 800
-
-
total
18 525
37 535
-
-
Dividends
72 277
146 464
-
-
withholding

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

21 315
43 572
-
-
total
21 315
43 572
-
-
Income
184 000
184 000
184 000
184 000
Total tax
96 243
81 107
119 562
104 188
After tax
87 757
102 893
64 438
79 812
Living cost
36 796
36 796
36 796
36 796
Free-cash
50 961
66 097
27 642
43 016

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
₽86129
₽79216
₽66745
₽62510
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
184 000
accident
-
-
-
843
income
-
-
-
52 748
pensions
-
-
-
26 470
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
80 810
Employee
50 234
-
154 180
-
other
50
-
94
-
income
10 599
-
49 284
-
pensions
2 361
-
4 397
-
unemployment
779
-
1 450
-
total
13 789
-
55 225
-
Employer
50 234
-
154 180
-
accident
994
-
1 852
-
other
400
-
749
-
unemployment
2 763
-
5 144
-
pensions
11 854
-
22 075
-
total
16 011
-
29 820
-
Corporate
117 754
184 000
-
-
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.

17 663
27 600
-
-
total
17 663
27 600
-
-
Dividends
100 091
156 400
-
-
withholding
20 876
33 826
-
-
total
20 876
33 826
-
-
Income
184 000
184 000
184 000
184 000
Total tax
68 339
61 426
85 045
80 810
After tax
115 661
122 574
98 955
103 190
Living cost
36 445
36 445
36 445
36 445
Free-cash
79 216
86 129
62 510
66 745

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
₽52359
₽39251
₽35433
₽42763
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
184 000
accident
-
-
-
1 551
income
-
-
-
30 918
pensions
-
-
-
27 579
health
-
-
-
12 927
surtax
-
-
-
9 122
communal
-
-
-
11 628
total
-
-
-
93 725
Employee
76 423
-
164 359
-
health
3 401
-
7 316
-
surtax
4 684
-
10 073
-
income
7 382
-
36 216
-
pensions
6 113
-
13 149
-
total
21 580
-
66 754
-
Employer
76 423
-
164 359
-
accident
688
-
1 478
-
pensions
6 113
-
13 149
-
health
2 331
-
5 014
-
total
9 132
-
19 641
-
Corporate
98 445
184 000
-
-
surtax
1 034
1 932
-
-
communal
6 645
12 419
-
-
income
14 767
27 600
-
-
total
22 446
41 951
-
-
Dividends
75 999
142 048
-
-
income
25 348
13 541
-
-
withholding
11 401
21 307
-
-
total
36 749
34 848
-
-
Income
184 000
184 000
184 000
184 000
Total tax
89 907
76 799
86 395
93 725
After tax
94 093
107 201
97 605
90 275
Living cost
54 842
54 842
54 842
54 842
Free-cash
39 251
52 359
42 763
35 433

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
₽93068
₽89861
₽64322
₽58151
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
184 000
income
-
-
-
52 100
pensions
-
-
-
26 938
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
9 562
surtax
-
-
-
8 181
total
-
-
-
97 011
Employee
33 985
-
155 649
-
other
-
-
-
-
health
868
-
3 434
-
surtax
121
-
6 975
-
income
5 697
-
46 064
-
pensions
2 267
-
8 984
-
unemployment
2 365
-
9 374
-
total
11 318
-
74 831
-
Employer
33 985
-
155 649
-
other
-
-
-
-
unemployment
1 078
-
4 269
-
pensions
4 531
-
17 954
-
health
1 545
-
6 128
-
total
7 154
-
28 351
-
Corporate
142 860
184 000
-
-
income
37 143
47 841
-
-
total
37 143
47 841
-
-
Dividends
105 717
136 159
-
-
withholding
15 857
20 424
-
-
total
15 857
20 424
-
-
Income
184 000
184 000
184 000
184 000
Total tax
71 472
68 265
103 182
97 011
After tax
112 528
115 735
80 818
86 989
Living cost
22 667
22 667
22 667
22 667
Free-cash
89 861
93 068
58 151
64 322

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
₽69529
₽67288
₽59791
₽51526
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
184 000
municipal
-
-
-
1 094
regional
-
-
-
2 774
national
-
-
-
45 830
social contributions
-
-
-
47 326
total
-
-
-
97 024
Employee
55 980
-
184 000
-
social contributions
18 877
-
62 045
-
regional
754
-
2 475
-
municipal
297
-
975
-
national
8 869
-
39 794
-
total
28 797
-
105 289
-
Employer
55 980
-
184 000
-
total
-
-
-
-
Corporate
128 020
184 000
-
-
nationa
30 726
44 160
-
-
municipal
6 362
9 145
-
-
total
37 088
53 305
-
-
Dividends
90 932
130 695
-
-
withholding
23 642
33 981
-
-
total
23 642
33 981
-
-
Income
184 000
184 000
184 000
184 000
Total tax
89 527
87 286
105 289
97 024
After tax
94 473
96 714
78 711
86 976
Living cost
27 185
27 185
27 185
27 185
Free-cash
67 288
69 529
51 526
59 791

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
₽96901
₽86275
₽75572
₽67666
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
184 000
income
-
-
-
18 657
health
-
-
-
24 840
solidarity contribution
-
-
-
369
social contributions
-
-
-
34 779
total
-
-
-
78 645
Employee
43 799
-
141 489
-
social contributions
2 847
-
7 742
-
health
5 913
-
19 101
-
solidarity contribution
-
-
-
-
income
5 256
-
17 197
-
total
14 016
-
44 040
-
Employer
43 799
-
141 489
-
social contributions
10 950
-
29 777
-
health
3 942
-
12 734
-
total
14 892
-
42 511
-
Corporate
125 309
184 000
-
-
income
23 809
34 960
-
-
total
23 809
34 960
-
-
Dividends
101 500
149 040
-
-
withholding
15 225
22 356
-
-
total
15 225
22 356
-
-
Income
184 000
184 000
184 000
184 000
Total tax
67 942
57 316
86 551
78 645
After tax
116 058
126 684
97 449
105 355
Living cost
29 783
29 783
29 783
29 783
Free-cash
86 275
96 901
67 666
75 572

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
₽69660
₽69161
₽62458
₽16545
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
184 000
chamber of commerce
-
-
-
735
income
-
-
-
51 592
pensions
-
-
-
21 811
unemployment
-
-
-
6 190
health
-
-
-
9 018
surtax
-
-
-
-
total
-
-
-
89 346
Employee
44 114
40 217
147 880
-
other
440
402
1 180
-
health
1 706
1 557
4 562
-
income
3 930
2 966
41 774
-
pensions
4 518
4 117
12 073
-
unemployment
1 323
1 207
3 537
-
total
11 917
10 249
63 126
-
Employer
44 114
40 217
147 880
-
accident
573
523
1 532
-
other
2 095
1 909
6 770
-
chamber of commerce
176
161
592
-
unemployment
1 323
1 207
3 537
-
surtax
-
-
-
-
pensions
5 537
5 048
14 796
-
payroll
1 323
1 207
4 437
-
health
1 668
1 521
4 456
-
total
12 695
11 576
36 120
-
Corporate
127 191
132 208
144 049
-
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.

31 798
33 052
36 013
-
total
31 798
33 052
36 013
-
Dividends
95 393
99 156
-
-
withholding
26 233
27 267
-
-
total
26 233
27 267
-
-
Income
184 000
184 000
184 000
184 000
Total tax
82 643
82 144
135 259
89 346
After tax
101 357
101 856
48 741
94 654
Living cost
32 196
32 196
32 196
32 196
Free-cash
69 161
69 660
16 545
62 458

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
₽160651
₽157998
₽168011
₽133051
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
184 000
microenterprise

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

-
-
-
1 840
total
-
-
-
1 840
Employee
17 686
-
184 000
-
income
3 537
-
36 800
-
total
3 537
-
36 800
-
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%.

166 314
184 000
-
-
total
-
-
-
-
Dividends
166 314
184 000
-
-
withholding
8 316
9 200
-
-
total
8 316
9 200
-
-
Income
184 000
184 000
184 000
184 000
Total tax
11 853
9 200
36 800
1 840
After tax
172 147
174 800
147 200
182 160
Living cost
14 149
14 149
14 149
14 149
Free-cash
157 998
160 651
133 051
168 011

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
₽99615
₽91175
₽62483
₽57608
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
184 000
income
-
-
-
42 466
pensions
-
-
-
33 602
unemployment
-
-
-
276
health
-
-
-
18 105
total
-
-
-
94 449
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
-
159 211
-
health
2 882
-
10 284
-
income
7 696
-
39 351
-
pensions
6 917
-
24 678
-
unemployment
63
-
222
-
total
17 558
-
74 535
-
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
-
159 211
-
unemployment
27
-
96
-
pensions
3 949
-
14 089
-
health
2 972
-
10 604
-
total
6 948
-
24 789
-
Corporate
132 426
184 000
-
-
income
25 160
34 960
-
-
total
25 160
34 960
-
-
Dividends
107 266
149 040
-
-
withholding
16 091
22 357
-
-
total
16 091
22 357
-
-
Income
184 000
184 000
184 000
184 000
Total tax
65 757
57 317
99 324
94 449
After tax
118 243
126 683
84 676
89 551
Living cost
27 068
27 068
27 068
27 068
Free-cash
91 175
99 615
57 608
62 483

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
₽68366
₽20324
₽83579
₽127133
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
184 000
income
-
-
-
35 865
social contributions
-
-
-
20 976
total
-
-
-
56 841
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
33 406
184 000
-
-
income
7 349
40 480
-
-
total
7 349
40 480
-
-
Dividends
26 057
143 520
-
-
income
5 733
31 574
-
-
total
5 733
31 574
-
-
Income
184 000
184 000
184 000
184 000
Total tax
120 096
72 054
13 287
56 841
After tax
63 904
111 946
170 713
127 159
Living cost
43 580
43 580
43 580
43 580
Free-cash
20 324
68 366
127 133
83 579

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
₽73004
₽71988
₽66486
₽52538
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
184 000
income
-
-
-
21 919
surtax
-
-
-
-
social contributions

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

-
-
-
63 941
total
-
-
-
85 860
Employee
46 414
-
148 686
-
social contributions
5 106
-
16 355
-
surtax
-
-
-
-
income
9 654
-
48 141
-
total
14 760
-
64 496
-
Employer
46 414
-
148 686
-
social contributions
11 023
-
35 312
-
total
11 023
-
35 312
-
Corporate
126 563
184 000
-
-
surtax
-
-
-
-
income
26 578
38 641
-
-
total
26 578
38 641
-
-
Dividends
99 985
145 359
-
-
withholding
27 997
40 701
-
-
total
27 997
40 701
-
-
Income
184 000
184 000
184 000
184 000
Total tax
80 358
79 342
99 808
85 860
After tax
103 642
104 658
84 192
98 140
Living cost
31 654
31 654
31 654
31 654
Free-cash
71 988
73 004
52 538
66 486

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
₽43994
₽50933
₽54846
₽51653
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
184 000
income
-
-
-
29 275
pensions
-
-
-
32 214
other
-
-
-
5 703
health
-
-
-
7 976
surtax
-
-
-
-
social contributions
-
-
-
5 244
total
-
-
-
80 412
Employee
63 206
-
142 228
-
social contributions
1 800
-
4 052
-
surtax
-
-
-
-
income
5 515
-
27 820
-
pensions
7 149
-
9 960
-
total
14 464
-
41 832
-
Employer
63 206
-
142 228
-
other
2 181
-
5 579
-
social contributions
190
-
427
-
unemployment
2 560
-
5 761
-
pensions
10 386
-
16 760
-
health
4 424
-
13 246
-
total
19 741
-
41 773
-
Corporate
101 053
184 000
-
-
surtax
-
-
-
-
income
28 295
51 520
-
-
total
28 295
51 520
-
-
Dividends
72 758
132 480
-
-
surtax
-
-
-
-
social contributions
12 513
22 786
-
-
withholding
9 313
16 958
-
-
total
21 826
39 744
-
-
Income
184 000
184 000
184 000
184 000
Total tax
84 326
91 264
83 605
80 412
After tax
99 674
92 736
100 395
103 588
Living cost
48 742
48 742
48 742
48 742
Free-cash
50 933
43 994
51 653
54 846

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
₽135265
₽131875
₽104961
₽109850
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
184 000
income
-
-
-
8 223
social contributions
-
-
-
40 481
total
-
-
-
48 704
Employee
32 444
-
159 307
-
income
-
-
8 767
-
social contributions
2 109
-
10 355
-
total
2 109
-
19 122
-
Employer
32 444
-
159 307
-
social contributions
5 029
-
24 693
-
total
5 029
-
24 693
-
Corporate
146 527
184 000
-
-
income
14 652
18 400
-
-
total
14 652
18 400
-
-
Dividends
131 875
165 600
-
-
total
-
-
-
-
Income
184 000
184 000
184 000
184 000
Total tax
21 790
18 400
43 815
48 704
After tax
162 210
165 600
140 185
135 296
Living cost
30 335
30 335
30 335
30 335
Free-cash
131 875
135 265
109 850
104 961

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
-₽35971
-₽35971
₽59541
-₽35971
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
184 000
municipal
-
-
-
38 511
pensions
-
-
-
875
national
-
-
-
21 800
labour market
-
-
-
14 650
total
-
-
-
75 836
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
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
184 000
184 000
184 000
184 000
Total tax
171 348
171 348
171 348
75 836
After tax
12 652
12 652
12 652
108 164
Living cost
48 623
48 623
48 623
48 623
Free-cash
-35 971
-35 971
-35 971
59 541

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
-₽6839
₽11569
₽104013
₽78459
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
184 000
accident
-
-
-
253
income
-
-
-
51 257
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
58 244
Employee
34 203
-
166 105
-
health
3 917
-
19 019
-
income
4 692
-
39 231
-
pensions
3 852
-
7 653
-
total
12 461
-
65 903
-
Employer
34 203
-
166 105
-
accident
571
-
2 774
-
unemployment
838
-
4 069
-
pensions
5 561
-
11 052
-
total
6 970
-
17 895
-
Corporate
142 826
184 000
-
-
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.

128 543
165 600
-
-
total
128 543
165 600
-
-
Dividends
14 283
18 400
-
-
withholding
2 714
3 496
-
-
total
2 714
3 496
-
-
Income
184 000
184 000
184 000
184 000
Total tax
150 688
169 096
83 798
58 244
After tax
33 312
14 904
100 202
125 756
Living cost
21 743
21 743
21 743
21 743
Free-cash
11 569
-6 839
78 459
104 013

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
₽76165
₽78853
₽79027
₽57385
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
184 000
municipal
-
-
-
32 685
health
-
-
-
2 413
national
-
-
-
31 130
total
-
-
-
66 228
Employee
53 094
-
154 791
-
health
396
-
1 963
-
municipal
8 696
-
25 210
-
pensions
3 583
-
10 449
-
unemployment
797
-
2 321
-
national
877
-
18 719
-
total
14 349
-
58 662
-
Employer
53 094
-
154 791
-
accident
54
-
155
-
unemployment
345
-
1 005
-
pensions
9 212
-
26 857
-
health
408
-
1 191
-
total
10 019
-
29 208
-
Corporate
120 888
184 000
-
-
income
24 178
36 800
-
-
total
24 178
36 800
-
-
Dividends

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

72 532
110 400
-
-
national
4 801
12 417
-
-
municipal
13 055
19 873
-
-
total
17 856
32 290
-
-
Income
184 000
184 000
184 000
184 000
Total tax
66 402
69 090
87 870
66 228
After tax
117 598
114 910
96 130
117 772
Living cost
38 745
38 745
38 745
38 745
Free-cash
78 853
76 165
57 385
79 027

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
₽110845
₽105353
₽102087
₽100484
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
184 000
income
-
-
-
37 528
health
-
-
-
4 692
social contributions
-
-
-
16 328
total
-
-
-
58 548
Employee
77 600
77 600
172 128
-
social contributions
2 934
6 440
8 687
-
health
601
1 319
2 926
-
income
8 449
7 183
36 666
-
total
11 984
14 942
48 279
-
Employer
77 600
77 600
172 128
-
social contributions
2 934
6 440
8 687
-
health
653
1 436
3 185
-
total
3 587
7 876
11 872
-
Corporate
145 063
98 523
-
-
income
18 132
12 316
-
-
total
18 132
12 316
-
-
Dividends
126 931
86 207
-
-
withholding
21 579
14 656
-
-
total
21 579
14 656
-
-
Income
184 000
184 000
184 000
184 000
Total tax
55 282
49 790
60 151
58 548
After tax
128 718
134 210
123 849
125 452
Living cost
23 365
23 365
23 365
23 365
Free-cash
105 353
110 845
100 484
102 087

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
₽136347
₽131213
₽139105
₽118863
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
184 000
income
-
-
-
18 772
pensions
-
-
-
6 419
unemployment
-
-
-
29
health
-
-
-
3 652
total
-
-
-
28 872
Employee

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

23 164
-
174 137
-
health
1 969
-
8 139
-
income
1 584
-
16 271
-
pensions
3 474
-
14 363
-
unemployment
115
-
479
-
total
7 142
-
39 252
-
Employer

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

23 164
-
174 137
-
unemployment
115
-
479
-
pensions
1 274
-
5 266
-
health
996
-
4 117
-
total
2 385
-
9 862
-
Corporate
158 452
184 000
-
-
income
14 260
16 560
-
-
total
14 260
16 560
-
-
Dividends
144 192
167 440
-
-
withholding
12 977
15 070
-
-
total
12 977
15 070
-
-
Income
184 000
184 000
184 000
184 000
Total tax
36 764
31 630
49 114
28 872
After tax
147 236
152 370
134 886
155 128
Living cost
16 023
16 023
16 023
16 023
Free-cash
131 213
136 347
118 863
139 105

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
₽94823
₽90365
₽75439
₽71204
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
184 000
accident
-
-
-
843
income
-
-
-
52 748
pensions
-
-
-
26 470
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
80 810
Employee
37 315
-
154 180
-
other
36
-
94
-
income
7 194
-
49 284
-
pensions
1 754
-
4 397
-
unemployment
578
-
1 450
-
total
9 562
-
55 225
-
Employer
37 315
-
154 180
-
accident
739
-
1 852
-
other
299
-
749
-
unemployment
2 053
-
5 144
-
pensions
8 806
-
22 075
-
total
11 897
-
29 820
-
Corporate
134 789
184 000
-
-
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.

20 218
27 600
-
-
total
20 218
27 600
-
-
Dividends
114 571
156 400
-
-
withholding
24 207
33 826
-
-
total
24 207
33 826
-
-
Income
184 000
184 000
184 000
184 000
Total tax
65 884
61 426
85 045
80 810
After tax
118 116
122 574
98 955
103 190
Living cost
27 751
27 751
27 751
27 751
Free-cash
90 365
94 823
71 204
75 439

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
₽112060
₽111606
₽115226
₽115028
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
184 000
income
-
-
-
62 551
pensions
-
-
-
2 010
health
-
-
-
1 457
total
-
-
-
66 018
Employee
4 198
-
181 738
-
health
210
-
503
-
income
812
-
62 445
-
pensions
378
-
905
-
unemployment
42
-
101
-
total
1 442
-
63 954
-
Employer
4 198
-
181 738
-
unemployment
84
-
201
-
pensions
462
-
1 106
-
health
399
-
955
-
total
945
-
2 262
-
Corporate
178 858
184 000
-
-
income
39 349
40 480
-
-
total
39 349
40 480
-
-
Dividends
139 509
143 520
-
-
withholding
27 902
28 704
-
-
total
27 902
28 704
-
-
Income
184 000
184 000
184 000
184 000
Total tax
69 638
69 184
66 216
66 018
After tax
114 362
114 816
117 784
117 982
Living cost
2 756
2 756
2 756
2 756
Free-cash
111 606
112 060
115 028
115 226

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
₽115487
₽110522
₽96570
₽96571
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
184 000
income
-
-
-
41 784
pensions
-
-
-
19 392
unemployment
-
-
-
1 119
health
-
-
-
7 682
total
-
-
-
69 977
Employee

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

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

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

26 319
-
170 649
-
health
1 355
-
3 841
-
income
3 628
-
41 784
-
pensions
3 685
-
10 442
-
unemployment
197
-
559
-
total
8 865
-
56 626
-
Employer

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

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

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

26 319
-
170 649
-
unemployment
197
-
559
-
pensions
3 158
-
8 950
-
health
1 355
-
3 841
-
total
4 710
-
13 350
-
Corporate
152 970
184 000
-
-
income
22 946
27 600
-
-
total
22 946
27 600
-
-
Dividends
130 025
156 400
-
-
withholding
19 504
23 460
-
-
total
19 504
23 460
-
-
Income
184 000
184 000
184 000
184 000
Total tax
56 025
51 060
69 976
69 977
After tax
127 975
132 940
114 024
114 023
Living cost
17 453
17 453
17 453
17 453
Free-cash
110 522
115 487
96 571
96 570

Estimated living cost  is ₽17453 per week

₽11751
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1350
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽505
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3847
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Belgrade model

Close
Porto , Portugal
₽77452
₽77089
₽70934
₽56986
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
184 000
income
-
-
-
21 919
surtax
-
-
-
-
social contributions

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

-
-
-
63 941
total
-
-
-
85 860
Employee
39 168
-
148 686
-
social contributions
4 309
-
16 355
-
surtax
-
-
-
-
income
7 653
-
48 141
-
total
11 962
-
64 496
-
Employer
39 168
-
148 686
-
social contributions
9 302
-
35 312
-
total
9 302
-
35 312
-
Corporate
135 530
184 000
-
-
surtax
-
-
-
-
income
28 462
38 641
-
-
total
28 462
38 641
-
-
Dividends
107 068
145 359
-
-
withholding
29 979
40 701
-
-
total
29 979
40 701
-
-
Income
184 000
184 000
184 000
184 000
Total tax
79 705
79 342
99 808
85 860
After tax
104 295
104 658
84 192
98 140
Living cost
27 206
27 206
27 206
27 206
Free-cash
77 089
77 452
56 986
70 934

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
₽87107
₽80502
₽67723
₽63488
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
184 000
accident
-
-
-
843
income
-
-
-
52 748
pensions
-
-
-
26 470
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
80 810
Employee
48 738
-
154 180
-
other
48
-
94
-
income
10 180
-
49 284
-
pensions
2 290
-
4 397
-
unemployment
755
-
1 450
-
total
13 273
-
55 225
-
Employer
48 738
-
154 180
-
accident
965
-
1 852
-
other
391
-
749
-
unemployment
2 681
-
5 144
-
pensions
11 502
-
22 075
-
total
15 539
-
29 820
-
Corporate
119 723
184 000
-
-
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.

17 958
27 600
-
-
total
17 958
27 600
-
-
Dividends
101 765
156 400
-
-
withholding
21 261
33 826
-
-
total
21 261
33 826
-
-
Income
184 000
184 000
184 000
184 000
Total tax
68 031
61 426
85 045
80 810
After tax
115 969
122 574
98 955
103 190
Living cost
35 467
35 467
35 467
35 467
Free-cash
80 502
87 107
63 488
67 723

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
₽139950
₽133796
₽129612
₽136893
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
184 000
income
-
-
-
27 600
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
-
-
-
37 017
Employee
23 001
-
177 080
-
health
1 058
-
1 622
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
income
2 300
-
17 708
-
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
-
22 815
-
Employer
23 001
-
177 080
-
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
156 486
184 000
-
-
income
15 649
18 400
-
-
total
15 649
18 400
-
-
Dividends
140 837
165 600
-
-
withholding
7 042
8 280
-
-
total
7 042
8 280
-
-
Income
184 000
184 000
184 000
184 000
Total tax
32 834
26 680
29 736
37 017
After tax
151 166
157 320
154 264
146 983
Living cost
17 370
17 370
17 370
17 370
Free-cash
133 796
139 950
136 893
129 612

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
₽55725
₽68928
₽57739
₽77411
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
184 000
trade
-
-
-
19 672
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.

-
-
-
57 568
health

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

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

-
-
-
6 894
surtax

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

-
-
-
3 166
total
-
-
-
87 300
Employee

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

50 212
-
184 000
-
health

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

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

6 894
-
6 894
-
surtax

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

228
-
3 166
-
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
-
57 568
-
total
11 251
-
67 628
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
133 788
184 000
-
-
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.

1 103
1 519
-
-
income
20 068
27 600
-
-
trade
19 199
26 403
-
-
chamber of commerce
349
423
-
-
total
40 719
55 945
-
-
Dividends
93 069
128 055
-
-
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.

1 258
1 739
-
-
withholding
22 883
31 630
-
-
total
24 141
33 369
-
-
Income
184 000
184 000
184 000
184 000
Total tax
76 111
89 314
67 628
87 300
After tax
107 889
94 686
116 372
96 700
Living cost
38 961
38 961
38 961
38 961
Free-cash
68 928
55 725
77 411
57 739

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
₽71313
₽73542
₽38751
₽38751
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
184 000
income
-
-
-
56 920
social contributions
-
-
-
30 842
total
-
-
-
87 762
Employee
78 939
-
184 000
-
income
14 896
-
56 920
-
social contributions
6 558
-
30 842
-
total
21 454
-
87 762
-
Employer
78 939
-
184 000
-
total
-
-
-
-
Corporate
105 061
184 000
-
-
income
13 132
23 000
-
-
total
13 132
23 000
-
-
Dividends
91 929
161 000
-
-
withholding
18 385
32 200
-
-
total
18 385
32 200
-
-
Income
184 000
184 000
184 000
184 000
Total tax
52 971
55 200
87 762
87 762
After tax
131 029
128 800
96 238
96 238
Living cost
57 487
57 487
57 487
57 487
Free-cash
73 542
71 313
38 751
38 751

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
₽77634
₽81163
₽111900
₽93814
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
184 000
income
-
-
-
28 726
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
-
-
-
35 467
Employee
46 295
-
179 358
-
income
5 023
-
44 269
-
social contributions
4 638
-
4 642
-
total
9 661
-
48 911
-
Employer
46 295
-
179 358
-
social contributions
4 638
-
4 642
-
total
4 638
-
4 642
-
Corporate
133 067
184 000
-
-
income
46 573
64 401
-
-
total
46 573
64 401
-
-
Dividends
86 494
119 599
-
-
social contributions
5 332
5 332
-
-
total
5 332
5 332
-
-
Income
184 000
184 000
184 000
184 000
Total tax
66 204
69 733
53 553
35 467
After tax
117 796
114 267
130 447
148 533
Living cost
36 633
36 633
36 633
36 633
Free-cash
81 163
77 634
93 814
111 900

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
₽82224
₽88218
₽83978
₽67354
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
184 000
income
-
-
-
53 184
pensions
-
-
-
9 223
total
-
-
-
62 407
Employee
51 632
-
160 683
-
health
674
-
2 309
-
income
9 403
-
42 102
-
pensions
3 941
-
11 303
-
total
14 018
-
55 714
-
Employer
51 632
-
160 683
-
pensions
5 217
-
20 264
-
health
981
-
3 053
-
total
6 198
-
23 317
-
Corporate
126 170
184 000
-
-
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.

23 973
34 959
-
-
total
23 973
34 959
-
-
Dividends
102 197
149 041
-
-
withholding
13 978
29 202
-
-
total
13 978
29 202
-
-
Income
184 000
184 000
184 000
184 000
Total tax
58 167
64 161
79 031
62 407
After tax
125 833
119 839
104 969
121 593
Living cost
37 615
37 615
37 615
37 615
Free-cash
88 218
82 224
67 354
83 978

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
-₽8992
₽11237
₽101860
₽76306
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
184 000
accident
-
-
-
253
income
-
-
-
51 257
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
58 244
Employee
37 589
-
166 105
-
health
4 304
-
19 019
-
income
5 157
-
39 231
-
pensions
4 233
-
7 653
-
total
13 694
-
65 903
-
Employer
37 589
-
166 105
-
accident
628
-
2 774
-
unemployment
921
-
4 069
-
pensions
6 112
-
11 052
-
total
7 661
-
17 895
-
Corporate
138 751
184 000
-
-
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.

124 876
165 600
-
-
total
124 876
165 600
-
-
Dividends
13 875
18 400
-
-
withholding
2 636
3 496
-
-
total
2 636
3 496
-
-
Income
184 000
184 000
184 000
184 000
Total tax
148 867
169 096
83 798
58 244
After tax
35 133
14 904
100 202
125 756
Living cost
23 896
23 896
23 896
23 896
Free-cash
11 237
-8 992
76 306
101 860

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
₽141205
₽136483
₽95556
₽117748
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
184 000
work injury
-
-
-
807
health insurance
-
-
-
11 943
income
-
-
-
30 431
pensions
-
-
-
29 695
unemployment
-
-
-
1 937
total
-
-
-
74 813
Employee

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

21 810
-
184 000
-
work injury
109
-
403
-
income
2 181
-
30 431
-
pensions
4 013
-
14 848
-
health insurance
1 614
-
5 971
-
unemployment
262
-
968
-
total
8 179
-
52 621
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
162 190
184 000
-
-
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%.

1 622
1 840
-
-
total
1 622
1 840
-
-
Dividends
160 568
182 160
-
-
withholding
24 085
27 324
-
-
total
24 085
27 324
-
-
Income
184 000
184 000
184 000
184 000
Total tax
33 886
29 164
52 621
74 813
After tax
150 114
154 836
131 379
109 187
Living cost
13 631
13 631
13 631
13 631
Free-cash
136 483
141 205
117 748
95 556

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
₽56716
₽52125
₽45190
₽37116
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
184 000
municipal
-
-
-
1 229
regional
-
-
-
4 222
national
-
-
-
45 830
social contributions
-
-
-
47 326
total
-
-
-
98 607
Employee
85 039
-
184 000
-
social contributions
28 675
-
62 045
-
regional
1 284
-
3 745
-
municipal
507
-
1 097
-
national
14 371
-
39 794
-
total
44 837
-
106 681
-
Employer
85 039
-
184 000
-
total
-
-
-
-
Corporate
98 961
184 000
-
-
nationa
23 751
44 160
-
-
municipal
4 770
8 869
-
-
total
28 521
53 029
-
-
Dividends
70 440
130 971
-
-
withholding
18 314
34 052
-
-
total
18 314
34 052
-
-
Income
184 000
184 000
184 000
184 000
Total tax
91 672
87 081
106 681
98 607
After tax
92 328
96 919
77 319
85 393
Living cost
40 203
40 203
40 203
40 203
Free-cash
52 125
56 716
37 116
45 190

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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