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
₽ 186000
per

Your estimated
City
free-cash

Dresden , Germany
₽65098
₽87071
₽74570
₽63509
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
186 000
trade
-
-
-
21 973
health

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

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

-
-
-
6 831
income

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

-
-
-
58 590
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.

-
-
-
3 222
total
-
-
-
90 616
Employee

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

38 244
-
186 000
-
surtax

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

59
-
3 222
-
income

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

1 068
-
58 590
-
health

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

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

6 831
-
6 831
-
total
7 958
-
68 643
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
147 756
186 000
-
-
trade
23 273
29 295
-
-
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.

1 218
1 535
-
-
income
22 163
27 900
-
-
chamber of commerce
364
419
-
-
total
47 018
59 149
-
-
Dividends
100 739
126 850
-
-
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.

1 364
1 723
-
-
withholding
24 804
31 333
-
-
total
26 168
33 056
-
-
Income
186 000
186 000
186 000
186 000
Total tax
81 144
92 205
68 643
90 616
After tax
104 856
93 795
117 357
95 384
Living cost
30 286
30 286
30 286
30 286
Free-cash
74 570
63 509
87 071
65 098

Estimated living cost  is ₽30286 per week

₽19051
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3531
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7138
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Dresden model

Close
Reykjavik , Iceland
₽58259
₽59256
₽64782
₽65622
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
186 000
social contributions
-
-
-
1 999
municipal
-
-
-
20 452
national
-
-
-
32 528
pensions
-
-
-
22 320
total
-
-
-
77 299
Employee
78 195
-
160 795
-
pensions
3 128
-
6 432
-
national
14 966
-
34 105
-
municipal
9 658
-
21 172
-
total
27 752
-
61 709
-
Employer
78 195
-
160 795
-
pensions
6 256
-
12 864
-
social contributions
841
-
1 729
-
total
7 097
-
14 593
-
Corporate
95 548
186 000
-
-
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%.

19 110
37 200
-
-
total
19 110
37 200
-
-
Dividends
76 439
148 800
-
-
withholding
16 817
32 736
-
-
total
16 817
32 736
-
-
Income
186 000
186 000
186 000
186 000
Total tax
70 776
69 936
76 302
77 299
After tax
115 224
116 064
109 698
108 701
Living cost
50 442
50 442
50 442
50 442
Free-cash
64 782
65 622
59 256
58 259

Estimated living cost  is ₽50442 per week

₽34285
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4689
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽755
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10713
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

It is very difficult to get a residence permit on a basis of self-employment for a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit). EU/EFTA nationals and long-term EU resident permit holders can register self-employed and apply for a permanent residence.

Source of data for Reykjavik model

Close
Riga , Latvia
₽44233
₽58015
₽119795
₽127998
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
186 000
social contributions

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

-
-
-
38 310
income
-
-
-
35 226
microenterprise
-
-
-
-
surtax
-
-
-
47 429
total
-
-
-
120 965
Employee
29 217
-
141 705
-
income
5 201
-
29 232
-
social contributions

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

3 214
-
13 108
-
surtax
-
-
20 548
-
total
8 415
-
62 888
-
Employer
29 217
-
141 705
-
social contributions

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

7 038
-
28 707
-
surtax
-
-
15 588
-
total
7 038
-
44 295
-
Corporate
149 745
186 000
-
-
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%.

29 950
37 200
-
-
total
29 950
37 200
-
-
Dividends

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

119 795
148 800
-
-
total
-
-
-
-
Income
186 000
186 000
186 000
186 000
Total tax
45 403
37 200
107 183
120 965
After tax
140 597
148 800
78 817
65 035
Living cost
20 802
20 802
20 802
20 802
Free-cash
119 795
127 998
58 015
44 233

Estimated living cost  is ₽20802 per week

₽13271
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1981
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5078
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Riga model

Close
Rotterdam , Netherlands
₽60112
₽75392
₽44221
₽50348
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
186 000
health
-
-
-
12 330
income
-
-
-
59 956
pensions
-
-
-
11 715
total
-
-
-
84 001
Employee
85 386
85 386
167 418
-
income

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

13 976
13 976
26 094
-
pensions
15 370
11 715
11 715
-
health
13 106
11 148
12 330
-
total
42 452
36 839
50 139
-
Employer
85 386
85 386
167 418
-
pensions
5 943
5 943
7 387
-
health
5 935
5 935
7 375
-
unemployment
3 074
3 074
3 820
-
total
14 952
14 952
18 582
-
Corporate
86 709
85 662
-
-
income
17 341
17 132
-
-
total
17 341
17 132
-
-
Dividends
69 368
68 529
-
-
withholding
10 406
10 279
-
-
income
14 741
14 563
-
-
total
25 147
24 842
-
-
Income
186 000
186 000
186 000
186 000
Total tax
99 892
93 765
68 721
84 001
After tax
86 108
92 235
117 279
101 999
Living cost
41 887
41 887
41 887
41 887
Free-cash
44 221
50 348
75 392
60 112

Estimated living cost  is ₽41887 per week

₽29684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3776
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽666
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7761
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rotterdam model

Close
Stockholm , Sweden
₽56058
₽55126
₽62246
₽63108
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
186 000
other
-
-
-
9 792
unemployment
-
-
-
84
accident
-
-
-
168
municipal
-
-
-
48 186
health
-
-
-
5 258
national
-
-
-
18 897
pensions
-
-
-
9 109
total
-
-
-
91 494
Employee
54 785
-
159 524
-
national
-
-
18 380
-
municipal
16 337
-
47 570
-
total
16 337
-
65 950
-
Employer
54 785
-
159 524
-
pensions
5 922
-
9 109
-
other
6 366
-
9 792
-
accident
110
-
168
-
health
3 369
-
5 182
-
unemployment
1 446
-
2 225
-
total
17 213
-
26 476
-
Corporate
114 002
186 000
-
-
income
25 080
40 920
-
-
total
25 080
40 920
-
-
Dividends
88 921
145 080
-
-
withholding
26 676
43 524
-
-
total
26 676
43 524
-
-
Income
186 000
186 000
186 000
186 000
Total tax
85 306
84 444
92 426
91 494
After tax
100 694
101 556
93 574
94 506
Living cost
38 448
38 448
38 448
38 448
Free-cash
62 246
63 108
55 126
56 058

Estimated living cost  is ₽38448 per week

₽25482
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3773
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8610
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Stockholm model

Close
Hamburg , Germany
₽55127
₽78077
₽67612
₽53557
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
186 000
trade
-
-
-
22 950
health

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

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

-
-
-
6 831
income

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

-
-
-
58 590
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.

-
-
-
3 222
total
-
-
-
91 593
Employee

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

50 706
-
186 000
-
surtax

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

239
-
3 222
-
income

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

4 357
-
58 590
-
health

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

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

6 831
-
6 831
-
total
11 427
-
68 643
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
135 294
186 000
-
-
trade
22 255
30 597
-
-
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.

1 116
1 535
-
-
income
20 293
27 900
-
-
chamber of commerce
343
416
-
-
total
44 007
60 448
-
-
Dividends
91 286
125 552
-
-
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.

1 233
1 706
-
-
withholding
22 441
31 009
-
-
total
23 674
32 715
-
-
Income
186 000
186 000
186 000
186 000
Total tax
79 108
93 163
68 643
91 593
After tax
106 892
92 837
117 357
94 407
Living cost
39 280
39 280
39 280
39 280
Free-cash
67 612
53 557
78 077
55 127

Estimated living cost  is ₽39280 per week

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

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Hamburg model

Close
Limassol , Cyprus
₽94204
₽92597
₽99079
₽103226
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
186 000
social contributions
-
-
-
16 178
health
-
-
-
4 744
income
-
-
-
38 443
total
-
-
-
59 365
Employee
76 887
76 887
174 171
-
income
8 074
7 117
37 576
-
social contributions
3 736
6 381
8 607
-
health
765
1 307
2 960
-
total
12 575
14 805
49 143
-
Employer
76 887
76 887
174 171
-
health
833
1 423
3 222
-
social contributions
3 736
6 381
8 607
-
total
4 569
7 804
11 829
-
Corporate
136 425
101 309
-
-
income
17 053
12 664
-
-
total
17 053
12 664
-
-
Dividends
119 372
88 645
-
-
withholding
20 293
15 070
-
-
total
20 293
15 070
-
-
Income
186 000
186 000
186 000
186 000
Total tax
54 490
50 343
60 972
59 365
After tax
131 510
135 657
125 028
126 635
Living cost
32 431
32 431
32 431
32 431
Free-cash
99 079
103 226
92 597
94 204

Estimated living cost  is ₽32431 per week

₽22170
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2533
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7184
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Limassol model

Close
Budapest , Hungary
₽110616
₽89590
₽86609
₽86230
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
186 000
unemployment
-
-
-
2 790
health
-
-
-
13 020
income
-
-
-
22 738
pensions
-
-
-
18 600
total
-
-
-
57 148
Employee

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

The minimum wage is 138,000 HUF per month.

26 323
10 476
155 649
-
income
3 218
1 281
19 028
-
pensions
2 632
1 048
15 565
-
unemployment
395
157
2 335
-
health
1 843
733
10 895
-
total
8 088
3 219
47 823
-
Employer

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

The minimum wage is 138,000 HUF per month.

26 323
10 476
155 649
-
pensions
5 133
2 043
30 351
-
total
5 133
2 043
30 351
-
Corporate
154 544
173 481
-
-
income
13 909
15 613
-
-
total
13 909
15 613
-
-
Dividends
140 635
157 868
-
-
social contributions
27 304
30 664
-
-
withholding
26 721
29 995
-
-
total
54 025
60 659
-
-
Income
186 000
186 000
186 000
186 000
Total tax
81 155
81 534
78 174
57 148
After tax
104 845
104 466
107 826
128 852
Living cost
18 236
18 236
18 236
18 236
Free-cash
86 609
86 230
89 590
110 616

Estimated living cost  is ₽18236 per week

₽12444
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1492
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽364
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3935
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Budapest model

Close
Tallinn , Estonia
₽75546
₽83057
₽118438
₽124649
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
186 000
health
-
-
-
24 180
income
-
-
-
24 923
pensions
-
-
-
37 200
total
-
-
-
86 303
Employee
28 365
-
139 013
-
income
3 193
-
26 802
-
pensions
567
-
2 780
-
unemployment
453
-
2 224
-
total
4 213
-
31 806
-
Employer
28 365
-
139 013
-
pensions
5 673
-
27 802
-
health
3 687
-
18 072
-
unemployment
228
-
1 112
-
total
9 588
-
46 986
-
Corporate
148 047
186 000
-
-
income
29 610
37 200
-
-
total
29 610
37 200
-
-
Dividends
118 437
148 800
-
-
total
-
-
-
-
Income
186 000
186 000
186 000
186 000
Total tax
43 411
37 200
78 792
86 303
After tax
142 589
148 800
107 208
99 697
Living cost
24 151
24 151
24 151
24 151
Free-cash
118 438
124 649
83 057
75 546

Estimated living cost  is ₽24151 per week

₽16565
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1438
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5662
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Tallinn model

Close
Gdansk , Poland
₽105198
₽79488
₽11704
-₽6848
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
186 000
other
-
-
-
369
accident
-
-
-
252
health
-
-
-
2 172
income
-
-
-
51 950
pensions
-
-
-
4 145
total
-
-
-
58 888
Employee
34 472
-
168 100
-
income
4 729
-
39 851
-
pensions
3 882
-
7 599
-
health
3 947
-
19 248
-
total
12 558
-
66 698
-
Employer
34 472
-
168 100
-
pensions
5 605
-
10 974
-
accident
575
-
2 807
-
unemployment
845
-
4 119
-
total
7 025
-
17 900
-
Corporate
144 503
186 000
-
-
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.

130 053
167 400
-
-
total
130 053
167 400
-
-
Dividends
14 450
18 600
-
-
withholding
2 746
3 534
-
-
total
2 746
3 534
-
-
Income
186 000
186 000
186 000
186 000
Total tax
152 382
170 934
84 598
58 888
After tax
33 618
15 066
101 402
127 112
Living cost
21 914
21 914
21 914
21 914
Free-cash
11 704
-6 848
79 488
105 198

Estimated living cost  is ₽21914 per week

₽16061
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1214
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4182
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Poland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should use a business incubator or set up a company and hire themselves as an employee.

Source of data for Gdansk model

Close
Batumi , Georgia
₽175129
₽139789
₽166000
₽167689
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
186 000
microenterprise

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

-
-
-
1 860
total
-
-
-
1 860
Employee
11 263
-
186 000
-
income
2 252
-
37 200
-
total
2 252
-
37 200
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

174 737
186 000
-
-
total
-
-
-
-
Dividends
174 737
186 000
-
-
withholding
8 737
9 300
-
-
total
8 737
9 300
-
-
Income
186 000
186 000
186 000
186 000
Total tax
10 989
9 300
37 200
1 860
After tax
175 011
176 700
148 800
184 140
Living cost
9 011
9 011
9 011
9 011
Free-cash
166 000
167 689
139 789
175 129

Estimated living cost  is ₽9011 per week

₽5584
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽749
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽248
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2430
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Source of data for Batumi model

Close
Bratislava , Slovakia
₽79286
₽78534
₽103259
₽110011
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
186 000
other
-
-
-
7 222
health
-
-
-
6 690
income
-
-
-
29 667
pensions

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

-
-
-
36 492
total
-
-
-
80 071
Employee
36 305
-
148 563
-
income
6 250
-
29 419
-
pensions

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

2 541
-
10 400
-
unemployment
362
-
1 486
-
health
509
-
2 080
-
total
9 662
-
43 385
-
Employer
36 305
-
148 563
-
pensions

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

6 172
-
25 255
-
other
1 816
-
7 429
-
accident
290
-
1 188
-
health
509
-
2 080
-
unemployment
362
-
1 486
-
total
9 149
-
37 438
-
Corporate
140 545
186 000
-
-
income
29 515
39 060
-
-
total
29 515
39 060
-
-
Dividends
111 030
146 940
-
-
withholding
7 772
10 286
-
-
total
7 772
10 286
-
-
Income
186 000
186 000
186 000
186 000
Total tax
56 098
49 346
80 823
80 071
After tax
129 902
136 654
105 177
105 929
Living cost
26 643
26 643
26 643
26 643
Free-cash
103 259
110 011
78 534
79 286

Estimated living cost  is ₽26643 per week

₽18825
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1799
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽429
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5590
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Bratislava model

Close
London , United Kingdom
₽55423
₽38636
₽58296
₽53545
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
186 000
income
-
-
-
54 099
pensions
-
-
-
9 225
total
-
-
-
63 324
Employee
95 153
-
162 401
-
income
17 152
-
42 911
-
pensions
9 180
-
11 282
-
health
1 568
-
2 319
-
total
27 900
-
56 512
-
Employer
95 153
-
162 401
-
pensions
11 235
-
20 514
-
health
1 807
-
3 085
-
total
13 042
-
23 599
-
Corporate
77 805
186 000
-
-
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.

14 783
35 339
-
-
total
14 783
35 339
-
-
Dividends
63 022
150 661
-
-
withholding
4 726
29 863
-
-
total
4 726
29 863
-
-
Income
186 000
186 000
186 000
186 000
Total tax
60 451
65 202
80 111
63 324
After tax
125 549
120 798
105 889
122 676
Living cost
67 253
67 253
67 253
67 253
Free-cash
58 296
53 545
38 636
55 423

Estimated living cost  is ₽67253 per week

₽50394
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7902
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8411
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

The only visa which will gain you entry to the UK as a freelancer is Tier 1 (with an exception of EU nationals or long-term UK residence permit holders, up until Brexit). There are two Tier 1 visa pathways.

You can either apply for an Entrepreneur visa which requires an investment of at least £200000 and creating two full time jobs, or choose an Exceptional Talent visa, which has no financial requirements but is more difficult to obtain.

Source of data for London model

Close
Varna , Bulgaria
₽135669
₽143071
₽141279
₽145923
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
186 000
unemployment
-
-
-
140
health
-
-
-
4 016
income
-
-
-
27 900
pensions

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

-
-
-
5 168
total
-
-
-
37 224
Employee
17 356
-
179 149
-
income
1 735
-
17 915
-
pensions

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

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

We are using the highest rate at 1.1%.

191
-
384
-
total
4 248
-
22 971
-
Employer
17 356
-
179 149
-
pensions

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

1 913
-
3 848
-
accident

We are using the highest rate at 1.1%.

191
-
384
-
health
1 198
-
2 409
-
unemployment
104
-
210
-
total
3 406
-
6 851
-
Corporate
165 238
186 000
-
-
income
16 524
18 600
-
-
total
16 524
18 600
-
-
Dividends
148 714
167 400
-
-
withholding
7 436
8 370
-
-
total
7 436
8 370
-
-
Income
186 000
186 000
186 000
186 000
Total tax
31 614
26 970
29 822
37 224
After tax
154 386
159 030
156 178
148 776
Living cost
13 107
13 107
13 107
13 107
Free-cash
141 279
145 923
143 071
135 669

Estimated living cost  is ₽13107 per week

₽7652
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽936
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽347
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4172
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Varna model

Close
Amsterdam , Netherlands
₽46554
₽61834
₽39305
₽36790
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
186 000
health
-
-
-
12 330
income
-
-
-
59 956
pensions
-
-
-
11 715
total
-
-
-
84 001
Employee
92 702
85 386
167 418
-
income

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

13 976
13 976
26 094
-
pensions
11 715
11 715
11 715
-
health
11 565
11 148
12 330
-
total
37 256
36 839
50 139
-
Employer
92 702
85 386
167 418
-
pensions
6 451
5 943
7 387
-
health
6 442
5 935
7 375
-
unemployment
3 338
3 074
3 820
-
total
16 231
14 952
18 582
-
Corporate
77 067
85 662
-
-
income
15 413
17 132
-
-
total
15 413
17 132
-
-
Dividends
61 654
68 529
-
-
withholding
9 248
10 279
-
-
income
13 102
14 563
-
-
total
22 350
24 842
-
-
Income
186 000
186 000
186 000
186 000
Total tax
91 250
93 765
68 721
84 001
After tax
94 750
92 235
117 279
101 999
Living cost
55 445
55 445
55 445
55 445
Free-cash
39 305
36 790
61 834
46 554

Estimated living cost  is ₽55445 per week

₽40900
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4952
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽636
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8958
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Amsterdam model

Close
Brno , Czech Republic
₽82814
₽74961
₽95483
₽104049
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
186 000
social contributions
-
-
-
34 552
health
-
-
-
25 110
income
-
-
-
18 951
solidarity contribution
-
-
-
561
total
-
-
-
79 174
Employee
35 311
-
143 503
-
income
4 237
-
17 466
-
solidarity contribution
-
-
-
-
social contributions
2 295
-
7 691
-
health
4 767
-
19 373
-
total
11 299
-
44 530
-
Employer
35 311
-
143 503
-
health
3 178
-
12 915
-
social contributions
8 828
-
29 582
-
total
12 006
-
42 497
-
Corporate
138 683
186 000
-
-
income
26 350
35 340
-
-
total
26 350
35 340
-
-
Dividends
112 333
150 660
-
-
withholding
16 850
22 599
-
-
total
16 850
22 599
-
-
Income
186 000
186 000
186 000
186 000
Total tax
66 505
57 939
87 027
79 174
After tax
119 495
128 061
98 973
106 826
Living cost
24 012
24 012
24 012
24 012
Free-cash
95 483
104 049
74 961
82 814

Estimated living cost  is ₽24012 per week

₽16679
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1708
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5153
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brno model

Close
Milan , Italy
₽46126
₽37724
₽51827
₽57046
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
186 000
social contributions
-
-
-
47 839
municipal
-
-
-
1 106
national
-
-
-
46 532
regional
-
-
-
2 205
total
-
-
-
97 682
Employee
88 864
-
186 000
-
national
15 398
-
40 431
-
social contributions
29 965
-
62 719
-
municipal
471
-
987
-
regional
838
-
1 947
-
total
46 672
-
106 084
-
Employer
88 864
-
186 000
-
total
-
-
-
-
Corporate
97 136
186 000
-
-
nationa
23 312
44 640
-
-
municipal
3 789
7 254
-
-
total
27 101
51 894
-
-
Dividends
70 035
134 106
-
-
withholding
18 208
34 868
-
-
total
18 208
34 868
-
-
Income
186 000
186 000
186 000
186 000
Total tax
91 981
86 762
106 084
97 682
After tax
94 019
99 238
79 916
88 318
Living cost
42 192
42 192
42 192
42 192
Free-cash
51 827
57 046
37 724
46 126

Estimated living cost  is ₽42192 per week

₽29411
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2767
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽647
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9366
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Milan model

Close
Thessaloniki , Greece
₽65823
₽59710
₽91818
₽94929
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
186 000
other
-
-
-
-
unemployment
-
-
-
228
health
-
-
-
9 474
income
-
-
-
53 283
surtax
-
-
-
8 438
pensions
-
-
-
26 690
total
-
-
-
98 113
Employee
33 066
-
157 910
-
income
5 543
-
47 302
-
pensions
2 205
-
8 901
-
unemployment
2 302
-
9 288
-
health
844
-
3 402
-
other
-
-
-
-
surtax
108
-
7 243
-
total
11 002
-
76 136
-
Employer
33 066
-
157 910
-
pensions
4 408
-
17 789
-
other
-
-
-
-
health
1 505
-
6 072
-
unemployment
1 047
-
4 229
-
total
6 960
-
28 090
-
Corporate
145 974
186 000
-
-
income
37 953
48 361
-
-
total
37 953
48 361
-
-
Dividends
108 021
137 639
-
-
withholding
16 203
20 646
-
-
total
16 203
20 646
-
-
Income
186 000
186 000
186 000
186 000
Total tax
72 118
69 007
104 226
98 113
After tax
113 882
116 993
81 774
87 887
Living cost
22 064
22 064
22 064
22 064
Free-cash
91 818
94 929
59 710
65 823

Estimated living cost  is ₽22064 per week

₽13491
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2036
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽509
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6028
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Thessaloniki model

Close
Cambridge , United Kingdom
₽76730
₽59943
₽81496
₽74852
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
186 000
income
-
-
-
54 099
pensions
-
-
-
9 225
total
-
-
-
63 324
Employee
63 769
-
162 401
-
income
11 485
-
42 911
-
pensions
5 413
-
11 282
-
health
926
-
2 319
-
total
17 824
-
56 512
-
Employer
63 769
-
162 401
-
pensions
6 903
-
20 514
-
health
1 211
-
3 085
-
total
8 114
-
23 599
-
Corporate
114 116
186 000
-
-
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.

21 681
35 339
-
-
total
21 681
35 339
-
-
Dividends
92 435
150 661
-
-
withholding
10 939
29 863
-
-
total
10 939
29 863
-
-
Income
186 000
186 000
186 000
186 000
Total tax
58 558
65 202
80 111
63 324
After tax
127 442
120 798
105 889
122 676
Living cost
45 946
45 946
45 946
45 946
Free-cash
81 496
74 852
59 943
76 730

Estimated living cost  is ₽45946 per week

₽34422
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3444
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7598
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

The only visa which will gain you entry to the UK as a freelancer is Tier 1 (with an exception of EU nationals or long-term UK residence permit holders, up until Brexit). There are two Tier 1 visa pathways.

You can either apply for an Entrepreneur visa which requires an investment of at least £200000 and creating two full time jobs, or choose an Exceptional Talent visa, which has no financial requirements but is more difficult to obtain.

Source of data for Cambridge model

Close
Zurich , Switzerland
₽73989
₽65731
₽41812
₽9473
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
186 000
other

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

-
-
-
3 719
health
-
-
-
419
city
-
-
-
1 961
national
-
-
-
3 641
regional
-
-
-
9 578
pensions
-
-
-
17 112
total
-
-
-
36 430
Employee
88 449
-
166 551
-
pensions
7 431
-
13 911
-
national
419
-
2 704
-
unemployment
-
-
-
-
city
949
-
1 790
-
health
200
-
375
-
regional
2 896
-
8 291
-
total
11 895
-
27 071
-
Employer
88 449
-
166 551
-
pensions
7 431
-
13 911
-
other

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

1 768
-
3 331
-
health
200
-
375
-
unemployment
-
-
-
-
total
9 399
-
17 617
-
Corporate
87 179
186 000
-
-
regional
18 437
39 338
-
-
national
7 410
15 809
-
-
total
25 847
55 147
-
-
Dividends
61 332
130 853
-
-
withholding
21 466
45 799
-
-
total
21 466
45 799
-
-
Income
186 000
186 000
186 000
186 000
Total tax
68 607
100 946
44 688
36 430
After tax
117 393
85 054
141 312
149 570
Living cost
75 581
75 581
75 581
75 581
Free-cash
41 812
9 473
65 731
73 989

Estimated living cost  is ₽75581 per week

₽49149
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6783
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽928
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18721
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

It is extremely rare that a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit) is given a residence permit based on self-employment.

Source of data for Zurich model

Close
Munich , Germany
₽47625
₽71552
₽62294
₽46077
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
186 000
trade
-
-
-
23 927
health

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

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

-
-
-
6 831
income

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

-
-
-
58 590
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.

-
-
-
3 222
total
-
-
-
92 570
Employee

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

60 091
-
186 000
-
surtax

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

389
-
3 222
-
income

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

7 066
-
58 590
-
health

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

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

6 831
-
6 831
-
total
14 286
-
68 643
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
125 909
186 000
-
-
trade
21 593
31 898
-
-
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.

1 038
1 535
-
-
income
18 886
27 900
-
-
chamber of commerce
328
414
-
-
total
41 845
61 747
-
-
Dividends
84 064
124 252
-
-
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.

1 135
1 687
-
-
withholding
20 635
30 684
-
-
total
21 770
32 371
-
-
Income
186 000
186 000
186 000
186 000
Total tax
77 901
94 118
68 643
92 570
After tax
108 099
91 882
117 357
93 430
Living cost
45 805
45 805
45 805
45 805
Free-cash
62 294
46 077
71 552
47 625

Estimated living cost  is ₽45805 per week

₽33454
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3664
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽596
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8093
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Munich model

Close
Nice , France
₽70447
₽66875
₽65443
₽59536
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
186 000
other
-
-
-
5 766
social contributions
-
-
-
5 300
health
-
-
-
8 172
income
-
-
-
29 881
surtax
-
-
-
-
pensions
-
-
-
32 225
total
-
-
-
81 344
Employee
42 794
-
143 576
-
income
2 526
-
28 260
-
pensions
4 839
-
10 140
-
social contributions
1 220
-
4 091
-
surtax
-
-
-
-
total
8 585
-
42 491
-
Employer
42 794
-
143 576
-
pensions
7 030
-
17 042
-
other
1 476
-
5 667
-
health
2 996
-
13 469
-
unemployment
1 732
-
5 816
-
social contributions
129
-
431
-
total
13 363
-
42 425
-
Corporate
129 842
186 000
-
-
surtax
-
-
-
-
income
36 356
52 080
-
-
total
36 356
52 080
-
-
Dividends
93 487
133 920
-
-
surtax
-
-
-
-
social contributions
16 079
23 033
-
-
withholding
11 965
17 142
-
-
total
28 044
40 175
-
-
Income
186 000
186 000
186 000
186 000
Total tax
86 348
92 255
84 916
81 344
After tax
99 652
93 745
101 084
104 656
Living cost
34 209
34 209
34 209
34 209
Free-cash
65 443
59 536
66 875
70 447

Estimated living cost  is ₽34209 per week

₽21570
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2782
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽583
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9277
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Nice model

Close
Marseille , France
₽73836
₽70264
₽68478
₽62925
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
186 000
other
-
-
-
5 766
social contributions
-
-
-
5 300
health
-
-
-
8 172
income
-
-
-
29 881
surtax
-
-
-
-
pensions
-
-
-
32 225
total
-
-
-
81 344
Employee
38 199
-
143 576
-
income
1 970
-
28 260
-
pensions
4 321
-
10 140
-
social contributions
1 089
-
4 091
-
surtax
-
-
-
-
total
7 380
-
42 491
-
Employer
38 199
-
143 576
-
pensions
6 277
-
17 042
-
other
1 319
-
5 667
-
health
2 674
-
13 469
-
unemployment
1 546
-
5 816
-
social contributions
114
-
431
-
total
11 930
-
42 425
-
Corporate
135 871
186 000
-
-
surtax
-
-
-
-
income
38 044
52 080
-
-
total
38 044
52 080
-
-
Dividends
97 827
133 920
-
-
surtax
-
-
-
-
social contributions
16 827
23 033
-
-
withholding
12 521
17 142
-
-
total
29 348
40 175
-
-
Income
186 000
186 000
186 000
186 000
Total tax
86 702
92 255
84 916
81 344
After tax
99 298
93 745
101 084
104 656
Living cost
30 820
30 820
30 820
30 820
Free-cash
68 478
62 925
70 264
73 836

Estimated living cost  is ₽30820 per week

₽17874
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3131
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9231
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Marseille model

Close
Vilnius , Lithuania
₽98248
₽94122
₽92793
₽92274
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
186 000
social contributions
-
-
-
25 667
health
-
-
-
12 983
income
-
-
-
27 900
total
-
-
-
66 550
Employee
33 902
-
186 000
-
income
5 654
-
32 026
-
social contributions
4 679
-
25 667
-
health
2 366
-
12 983
-
total
12 699
-
70 676
-
Employer
33 902
-
186 000
-
total
-
-
-
-
Corporate
152 098
186 000
-
-
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%.

7 605
9 300
-
-
total
7 605
9 300
-
-
Dividends
144 493
176 700
-
-
social contributions
19 941
24 384
-
-
health
10 085
12 334
-
-
withholding
21 675
26 506
-
-
total
51 701
63 224
-
-
Income
186 000
186 000
186 000
186 000
Total tax
72 005
72 524
70 676
66 550
After tax
113 995
113 476
115 324
119 450
Living cost
21 202
21 202
21 202
21 202
Free-cash
92 793
92 274
94 122
98 248

Estimated living cost  is ₽21202 per week

₽14189
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1307
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5216
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Vilnius model

Close
Vienna , Austria
₽60259
₽13942
₽66041
₽67590
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
186 000
chamber of commerce
-
-
-
744
unemployment
-
-
-
6 133
health
-
-
-
8 935
income
-
-
-
52 890
surtax
-
-
-
197
pensions
-
-
-
21 610
total
-
-
-
90 509
Employee
49 970
39 847
149 777
-
income
5 689
2 939
42 953
-
pensions
5 117
4 080
11 962
-
unemployment
1 499
1 195
3 505
-
health
1 934
1 543
4 520
-
other
499
398
1 169
-
total
14 738
10 155
64 109
-
Employer
49 970
39 847
149 777
-
pensions
6 271
5 002
14 660
-
other
2 374
1 892
6 833
-
accident
649
518
1 518
-
health
1 888
1 507
4 415
-
payroll
1 499
1 195
4 493
-
chamber of commerce
199
159
600
-
unemployment
1 499
1 195
3 505
-
surtax
197
197
197
-
total
14 576
11 665
36 221
-
Corporate
121 454
134 487
145 984
-
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.

30 363
33 621
36 496
-
total
30 363
33 621
36 496
-
Dividends
91 090
100 866
-
-
withholding
25 050
27 737
-
-
total
25 050
27 737
-
-
Income
186 000
186 000
186 000
186 000
Total tax
84 727
83 178
136 826
90 509
After tax
101 273
102 822
49 174
95 491
Living cost
35 232
35 232
35 232
35 232
Free-cash
66 041
67 590
13 942
60 259

Estimated living cost  is ₽35232 per week

₽23498
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3006
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽579
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8150
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

As a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit), you can apply for permanent residence when your business creates macroeconomic benefit. This could be an investment starting from €100,000, creating new jobs or securing existing ones, or making a substantial contribution to the region's economy. You can also be considered with a transfer of know-how to Austria or an evident commitment to develop an innovative product or technology.

Source of data for Vienna model

Close
Brussels , Belgium
₽44244
₽28478
₽52551
₽67547
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
186 000
social contributions
-
-
-
24 929
communal

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

-
-
-
9 664
national
-
-
-
70 706
total
-
-
-
105 299
Employee

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

71 523
-
144 064
-
pensions

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

5 364
-
10 804
-
national
21 989
-
52 788
-
unemployment

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

622
-
1 254
-
communal

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

3 730
-
7 514
-
health

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

3 360
-
6 770
-
total
35 065
-
79 130
-
Employer

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

71 523
-
144 064
-
pensions

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

6 338
-
12 764
-
accident

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

930
-
1 873
-
health

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

4 398
-
8 859
-
unemployment

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

1 044
-
2 102
-
surtax
8 110
-
16 337
-
total
20 820
-
41 935
-
Corporate
93 658
186 000
-
-
surtax
374
744
-
-
income
18 732
37 200
-
-
total
19 106
37 944
-
-
Dividends
74 553
148 056
-
-
withholding

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

22 001
44 052
-
-
total
22 001
44 052
-
-
Income
186 000
186 000
186 000
186 000
Total tax
96 992
81 996
121 065
105 299
After tax
89 008
104 004
64 935
80 701
Living cost
36 457
36 457
36 457
36 457
Free-cash
52 551
67 547
28 478
44 244

Estimated living cost  is ₽36457 per week

₽23483
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3188
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9216
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brussels model

Close
Barcelona , Spain
₽68163
₽63967
₽80903
₽87752
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
186 000
other
-
-
-
93
unemployment
-
-
-
649
accident
-
-
-
835
income
-
-
-
53 923
pensions
-
-
-
26 227
total
-
-
-
81 727
Employee
49 772
-
156 454
-
income
10 502
-
50 491
-
pensions
2 340
-
4 357
-
unemployment
772
-
1 436
-
other
49
-
93
-
total
13 663
-
56 377
-
Employer
49 772
-
156 454
-
pensions
11 745
-
21 872
-
other
397
-
742
-
accident
985
-
1 835
-
unemployment
2 738
-
5 097
-
total
15 865
-
29 546
-
Corporate
120 363
186 000
-
-
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.

18 054
27 900
-
-
total
18 054
27 900
-
-
Dividends
102 309
158 100
-
-
withholding
21 405
34 238
-
-
total
21 405
34 238
-
-
Income
186 000
186 000
186 000
186 000
Total tax
68 987
62 138
85 923
81 727
After tax
117 013
123 862
100 077
104 273
Living cost
36 110
36 110
36 110
36 110
Free-cash
80 903
87 752
63 967
68 163

Estimated living cost  is ₽36110 per week

₽26591
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2562
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6436
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Barcelona model

Close
Luxembourg , Luxembourg
₽36515
₽43931
₽40657
₽53771
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
186 000
accident
-
-
-
1 567
health
-
-
-
13 068
income
-
-
-
31 655
communal
-
-
-
11 755
surtax
-
-
-
9 222
pensions
-
-
-
27 880
total
-
-
-
95 147
Employee
75 721
-
166 145
-
income
7 314
-
37 008
-
pensions
6 057
-
13 292
-
health
3 370
-
7 394
-
surtax
4 641
-
10 182
-
total
21 382
-
67 876
-
Employer
75 721
-
166 145
-
pensions
6 057
-
13 292
-
accident
681
-
1 495
-
health
2 309
-
5 068
-
total
9 047
-
19 855
-
Corporate
101 232
186 000
-
-
communal
6 833
12 556
-
-
surtax
1 063
1 953
-
-
income
15 185
27 900
-
-
total
23 081
42 409
-
-
Dividends
78 151
143 591
-
-
withholding
11 723
21 538
-
-
income
25 772
13 944
-
-
total
37 495
35 482
-
-
Income
186 000
186 000
186 000
186 000
Total tax
91 005
77 891
87 731
95 147
After tax
94 995
108 109
98 269
90 853
Living cost
54 338
54 338
54 338
54 338
Free-cash
40 657
53 771
43 931
36 515

Estimated living cost  is ₽54338 per week

₽40762
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3292
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9707
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Luxembourg model

Close
Athens , Greece
₽65428
₽59315
₽91355
₽94534
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
186 000
other
-
-
-
-
unemployment
-
-
-
228
health
-
-
-
9 474
income
-
-
-
53 283
surtax
-
-
-
8 438
pensions
-
-
-
26 690
total
-
-
-
98 113
Employee
33 673
-
157 910
-
income
5 645
-
47 302
-
pensions
2 247
-
8 901
-
unemployment
2 343
-
9 288
-
health
860
-
3 402
-
other
-
-
-
-
surtax
120
-
7 243
-
total
11 215
-
76 136
-
Employer
33 673
-
157 910
-
pensions
4 489
-
17 789
-
other
-
-
-
-
health
1 531
-
6 072
-
unemployment
1 068
-
4 229
-
total
7 088
-
28 090
-
Corporate
145 238
186 000
-
-
income
37 762
48 361
-
-
total
37 762
48 361
-
-
Dividends
107 477
137 639
-
-
withholding
16 121
20 646
-
-
total
16 121
20 646
-
-
Income
186 000
186 000
186 000
186 000
Total tax
72 186
69 007
104 226
98 113
After tax
113 814
116 993
81 774
87 887
Living cost
22 459
22 459
22 459
22 459
Free-cash
91 355
94 534
59 315
65 428

Estimated living cost  is ₽22459 per week

₽13559
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1953
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6427
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Athens model

Close
Naples , Italy
₽60783
₽52426
₽68611
₽70831
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
186 000
social contributions
-
-
-
47 839
municipal
-
-
-
1 106
national
-
-
-
46 532
regional
-
-
-
2 805
total
-
-
-
98 282
Employee
55 465
-
186 000
-
national
8 787
-
40 431
-
social contributions
18 703
-
62 719
-
municipal
294
-
987
-
regional
747
-
2 502
-
total
28 531
-
106 639
-
Employer
55 465
-
186 000
-
total
-
-
-
-
Corporate
130 535
186 000
-
-
nationa
31 329
44 640
-
-
municipal
6 487
9 244
-
-
total
37 816
53 884
-
-
Dividends
92 718
132 116
-
-
withholding
24 107
34 350
-
-
total
24 107
34 350
-
-
Income
186 000
186 000
186 000
186 000
Total tax
90 454
88 234
106 639
98 282
After tax
95 546
97 766
79 361
87 718
Living cost
26 935
26 935
26 935
26 935
Free-cash
68 611
70 831
52 426
60 783

Estimated living cost  is ₽26935 per week

₽16751
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2729
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6994
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Naples model

Close
Prague , Czech Republic
₽77237
₽69384
₽87916
₽98472
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
186 000
social contributions
-
-
-
34 552
health
-
-
-
25 110
income
-
-
-
18 951
solidarity contribution
-
-
-
561
total
-
-
-
79 174
Employee
43 513
-
143 503
-
income
5 222
-
17 466
-
solidarity contribution
-
-
-
-
social contributions
2 828
-
7 691
-
health
5 874
-
19 373
-
total
13 924
-
44 530
-
Employer
43 513
-
143 503
-
health
3 916
-
12 915
-
social contributions
10 878
-
29 582
-
total
14 794
-
42 497
-
Corporate
127 693
186 000
-
-
income
24 262
35 340
-
-
total
24 262
35 340
-
-
Dividends
103 431
150 660
-
-
withholding
15 515
22 599
-
-
total
15 515
22 599
-
-
Income
186 000
186 000
186 000
186 000
Total tax
68 495
57 939
87 027
79 174
After tax
117 505
128 061
98 973
106 826
Living cost
29 589
29 589
29 589
29 589
Free-cash
87 916
98 472
69 384
77 237

Estimated living cost  is ₽29589 per week

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

Source of data for Prague model

Close
Graz , Austria
₽63788
₽17323
₽70531
₽71027
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
186 000
chamber of commerce
-
-
-
744
unemployment
-
-
-
6 133
health
-
-
-
8 935
income
-
-
-
52 890
surtax
-
-
-
-
pensions
-
-
-
21 610
total
-
-
-
90 312
Employee
43 708
39 847
149 963
-
income
3 894
2 939
43 042
-
pensions
4 476
4 080
11 962
-
unemployment
1 311
1 195
3 505
-
health
1 691
1 543
4 520
-
other
436
398
1 169
-
total
11 808
10 155
64 198
-
Employer
43 708
39 847
149 963
-
pensions
5 486
5 002
14 660
-
other
2 076
1 892
6 840
-
accident
567
518
1 518
-
health
1 653
1 507
4 415
-
payroll
1 311
1 195
4 499
-
chamber of commerce
175
159
600
-
unemployment
1 311
1 195
3 505
-
surtax
-
-
-
-
total
12 579
11 468
36 037
-
Corporate
129 714
134 685
146 168
-
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.

32 428
33 671
36 542
-
total
32 428
33 671
36 542
-
Dividends
97 286
101 014
-
-
withholding
26 754
27 779
-
-
total
26 754
27 779
-
-
Income
186 000
186 000
186 000
186 000
Total tax
83 569
83 073
136 777
90 312
After tax
102 431
102 927
49 223
95 688
Living cost
31 900
31 900
31 900
31 900
Free-cash
70 531
71 027
17 323
63 788

Estimated living cost  is ₽31900 per week

₽19136
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3258
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8937
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

As a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit), you can apply for permanent residence when your business creates macroeconomic benefit. This could be an investment starting from €100,000, creating new jobs or securing existing ones, or making a substantial contribution to the region's economy. You can also be considered with a transfer of know-how to Austria or an evident commitment to develop an innovative product or technology.

Source of data for Graz model

Close
Tbilisi , Georgia
₽170099
₽134759
₽160025
₽162659
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
186 000
microenterprise

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

-
-
-
1 860
total
-
-
-
1 860
Employee
17 552
-
186 000
-
income
3 511
-
37 200
-
total
3 511
-
37 200
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

168 448
186 000
-
-
total
-
-
-
-
Dividends
168 448
186 000
-
-
withholding
8 423
9 300
-
-
total
8 423
9 300
-
-
Income
186 000
186 000
186 000
186 000
Total tax
11 934
9 300
37 200
1 860
After tax
174 066
176 700
148 800
184 140
Living cost
14 041
14 041
14 041
14 041
Free-cash
160 025
162 659
134 759
170 099

Estimated living cost  is ₽14041 per week

₽9502
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽589
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3479
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Source of data for Tbilisi model

Close
Ljubljana , Slovenia
₽63522
₽58597
₽92877
₽101242
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
186 000
unemployment
-
-
-
279
health
-
-
-
18 303
income
-
-
-
43 108
pensions
-
-
-
33 969
total
-
-
-
95 659
Employee

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

44 215
-
160 942
-
income
7 625
-
39 958
-
pensions
6 854
-
24 946
-
unemployment
63
-
226
-
health
2 856
-
10 396
-
total
17 398
-
75 526
-
Employer

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

44 215
-
160 942
-
pensions
3 913
-
14 242
-
health
2 945
-
10 719
-
unemployment
27
-
97
-
total
6 885
-
25 058
-
Corporate
134 901
186 000
-
-
income
25 631
35 340
-
-
total
25 631
35 340
-
-
Dividends
109 270
150 660
-
-
withholding
16 390
22 599
-
-
total
16 390
22 599
-
-
Income
186 000
186 000
186 000
186 000
Total tax
66 304
57 939
100 584
95 659
After tax
119 696
128 061
85 416
90 341
Living cost
26 819
26 819
26 819
26 819
Free-cash
92 877
101 242
58 597
63 522

Estimated living cost  is ₽26819 per week

₽18406
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1719
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6176
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Ljubljana model

Close
Oslo , Norway
₽85501
₽129838
₽22675
₽70122
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
186 000
social contributions
-
-
-
21 204
income
-
-
-
36 255
total
-
-
-
57 459
Employee
61 714
-
-
-
income
13 613
-
-
-
social contributions
5 061
-
721
-
total
18 674
-
721
-
Employer
61 714
-
-
-
social contributions
87 016
-
12 401
-
total
87 016
-
12 401
-
Corporate
37 270
186 000
-
-
income
8 199
40 920
-
-
total
8 199
40 920
-
-
Dividends
29 071
145 080
-
-
income
6 396
31 918
-
-
total
6 396
31 918
-
-
Income
186 000
186 000
186 000
186 000
Total tax
120 285
72 838
13 122
57 459
After tax
65 715
113 162
172 878
128 541
Living cost
43 040
43 040
43 040
43 040
Free-cash
22 675
70 122
129 838
85 501

Estimated living cost  is ₽43040 per week

₽27926
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4048
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10517
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Oslo model

Close
Lisbon , Portugal
₽67616
₽53514
₽73427
₽74434
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
186 000
social contributions

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

-
-
-
64 636
income
-
-
-
22 385
surtax
-
-
-
-
total
-
-
-
87 021
Employee
45 987
-
150 303
-
income
9 565
-
48 893
-
social contributions
5 059
-
16 533
-
surtax
-
-
-
-
total
14 624
-
65 426
-
Employer
45 987
-
150 303
-
social contributions
10 922
-
35 697
-
total
10 922
-
35 697
-
Corporate
129 091
186 000
-
-
surtax
-
-
-
-
income
27 109
39 060
-
-
total
27 109
39 060
-
-
Dividends
101 982
146 940
-
-
withholding
28 555
41 143
-
-
total
28 555
41 143
-
-
Income
186 000
186 000
186 000
186 000
Total tax
81 210
80 203
101 123
87 021
After tax
104 790
105 797
84 877
98 979
Living cost
31 363
31 363
31 363
31 363
Free-cash
73 427
74 434
53 514
67 616

Estimated living cost  is ₽31363 per week

₽23466
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1850
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5524
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Lisbon model

Close
Paris , France
₽56363
₽52791
₽52326
₽45452
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
186 000
other
-
-
-
5 766
social contributions
-
-
-
5 300
health
-
-
-
8 172
income
-
-
-
29 881
surtax
-
-
-
-
pensions
-
-
-
32 225
total
-
-
-
81 344
Employee
62 625
-
143 576
-
income
5 464
-
28 260
-
pensions
7 083
-
10 140
-
social contributions
1 784
-
4 091
-
surtax
-
-
-
-
total
14 331
-
42 491
-
Employer
62 625
-
143 576
-
pensions
10 290
-
17 042
-
other
2 161
-
5 667
-
health
4 383
-
13 469
-
unemployment
2 537
-
5 816
-
social contributions
188
-
431
-
total
19 559
-
42 425
-
Corporate
103 816
186 000
-
-
surtax
-
-
-
-
income
29 069
52 080
-
-
total
29 069
52 080
-
-
Dividends
74 747
133 920
-
-
surtax
-
-
-
-
social contributions
12 855
23 033
-
-
withholding
9 567
17 142
-
-
total
22 422
40 175
-
-
Income
186 000
186 000
186 000
186 000
Total tax
85 381
92 255
84 916
81 344
After tax
100 619
93 745
101 084
104 656
Living cost
48 293
48 293
48 293
48 293
Free-cash
52 326
45 452
52 791
56 363

Estimated living cost  is ₽48293 per week

₽32684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3951
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽662
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10996
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Paris model

Close
Andorra , Andorra
₽106587
₽111532
₽133984
₽137343
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
186 000
social contributions
-
-
-
40 921
income
-
-
-
8 436
total
-
-
-
49 357
Employee
32 145
-
161 039
-
social contributions
2 089
-
10 466
-
income
-
-
8 985
-
total
2 089
-
19 451
-
Employer
32 145
-
161 039
-
social contributions
4 983
-
24 961
-
total
4 983
-
24 961
-
Corporate
148 872
186 000
-
-
income
14 888
18 601
-
-
total
14 888
18 601
-
-
Dividends
133 984
167 399
-
-
total
-
-
-
-
Income
186 000
186 000
186 000
186 000
Total tax
21 960
18 601
44 412
49 357
After tax
164 040
167 399
141 588
136 643
Living cost
30 056
30 056
30 056
30 056
Free-cash
133 984
137 343
111 532
106 587

Estimated living cost  is ₽30056 per week

₽19434
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2266
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7791
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Andorra has a limit of 1000 sole-trade resident permits per year, so while it isn't complicated to obtain one, it may get difficult by the end of the term.

Source of data for Andorra model

Close
Copenhagen , Denmark
₽60961
-₽31924
-₽31924
-₽31924
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
186 000
municipal
-
-
-
39 036
national
-
-
-
22 155
labour market
-
-
-
14 811
pensions
-
-
-
867
total
-
-
-
76 869
Employee
203 314
203 314
203 314
-
labour market
16 242
16 242
16 242
-
pensions
289
289
289
-
national
24 839
24 839
24 839
-
municipal
43 295
43 295
43 295
-
total
84 665
84 665
84 665
-
Employer
203 314
203 314
203 314
-
pensions
578
578
578
-
municipal
43 364
43 364
43 364
-
national
24 882
24 882
24 882
-
labour market
16 265
16 265
16 265
-
total
85 089
85 089
85 089
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
186 000
186 000
186 000
186 000
Total tax
169 754
169 754
169 754
76 869
After tax
16 246
16 246
16 246
109 131
Living cost
48 170
48 170
48 170
48 170
Free-cash
-31 924
-31 924
-31 924
60 961

Estimated living cost  is ₽48170 per week

₽32968
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4261
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽741
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10200
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Copenhagen model

Close
Krakow , Poland
₽105521
₽79811
₽11755
-₽6525
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
186 000
other
-
-
-
369
accident
-
-
-
252
health
-
-
-
2 172
income
-
-
-
51 950
pensions
-
-
-
4 145
total
-
-
-
58 888
Employee
33 964
-
168 100
-
income
4 659
-
39 851
-
pensions
3 825
-
7 599
-
health
3 889
-
19 248
-
total
12 373
-
66 698
-
Employer
33 964
-
168 100
-
pensions
5 522
-
10 974
-
accident
567
-
2 807
-
unemployment
832
-
4 119
-
total
6 921
-
17 900
-
Corporate
145 115
186 000
-
-
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.

130 603
167 400
-
-
total
130 603
167 400
-
-
Dividends
14 512
18 600
-
-
withholding
2 757
3 534
-
-
total
2 757
3 534
-
-
Income
186 000
186 000
186 000
186 000
Total tax
152 654
170 934
84 598
58 888
After tax
33 346
15 066
101 402
127 112
Living cost
21 591
21 591
21 591
21 591
Free-cash
11 755
-6 525
79 811
105 521

Estimated living cost  is ₽21591 per week

₽15716
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1231
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽405
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4239
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Poland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should use a business incubator or set up a company and hire themselves as an employee.

Source of data for Krakow model

Close
Helsinki , Finland
₽80146
₽58559
₽80300
₽77550
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
186 000
municipal
-
-
-
33 039
health
-
-
-
2 448
national
-
-
-
31 979
total
-
-
-
67 466
Employee
52 606
-
156 473
-
pensions
3 550
-
10 561
-
national
869
-
19 143
-
municipal
8 616
-
25 483
-
unemployment
789
-
2 347
-
health
393
-
1 992
-
total
14 217
-
59 526
-
Employer
52 606
-
156 473
-
pensions
9 127
-
27 149
-
accident
53
-
156
-
health
404
-
1 205
-
unemployment
342
-
1 017
-
total
9 926
-
29 527
-
Corporate
123 468
186 000
-
-
income
24 694
37 200
-
-
total
24 694
37 200
-
-
Dividends

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

74 081
111 600
-
-
municipal
13 335
20 089
-
-
national
5 140
12 773
-
-
total
18 475
32 862
-
-
Income
186 000
186 000
186 000
186 000
Total tax
67 312
70 062
89 053
67 466
After tax
118 688
115 938
96 947
118 534
Living cost
38 388
38 388
38 388
38 388
Free-cash
80 300
77 550
58 559
80 146

Estimated living cost  is ₽38388 per week

₽25075
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3692
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽611
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9011
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Finland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should set up a company and hire themselves as an employee.

Source of data for Helsinki model

Close
Larnaca , Cyprus
₽103485
₽101878
₽107064
₽112507
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
186 000
social contributions
-
-
-
16 178
health
-
-
-
4 744
income
-
-
-
38 443
total
-
-
-
59 365
Employee
76 887
76 887
174 171
-
income
8 372
7 117
37 576
-
social contributions
2 907
6 381
8 607
-
health
596
1 307
2 960
-
total
11 875
14 805
49 143
-
Employer
76 887
76 887
174 171
-
health
647
1 423
3 222
-
social contributions
2 907
6 381
8 607
-
total
3 554
7 804
11 829
-
Corporate
147 421
101 309
-
-
income
18 428
12 664
-
-
total
18 428
12 664
-
-
Dividends
128 993
88 645
-
-
withholding
21 929
15 070
-
-
total
21 929
15 070
-
-
Income
186 000
186 000
186 000
186 000
Total tax
55 786
50 343
60 972
59 365
After tax
130 214
135 657
125 028
126 635
Living cost
23 150
23 150
23 150
23 150
Free-cash
107 064
112 507
101 878
103 485

Estimated living cost  is ₽23150 per week

₽13874
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2271
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6493
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Larnaca model

Close
Podgorica , Montenegro
₽141114
₽121057
₽133062
₽138152
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
186 000
unemployment
-
-
-
28
health
-
-
-
3 618
income
-
-
-
19 005
pensions
-
-
-
6 360
total
-
-
-
29 011
Employee

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

22 951
-
176 228
-
income
1 569
-
16 527
-
pensions
3 442
-
14 231
-
unemployment
114
-
474
-
health
1 951
-
8 064
-
total
7 076
-
39 296
-
Employer

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

22 951
-
176 228
-
pensions
1 262
-
5 218
-
health
987
-
4 080
-
unemployment
114
-
474
-
total
2 363
-
9 772
-
Corporate
160 687
186 000
-
-
income
14 463
16 740
-
-
total
14 463
16 740
-
-
Dividends
146 224
169 260
-
-
withholding
13 161
15 233
-
-
total
13 161
15 233
-
-
Income
186 000
186 000
186 000
186 000
Total tax
37 063
31 973
49 068
29 011
After tax
148 937
154 027
136 932
156 989
Living cost
15 875
15 875
15 875
15 875
Free-cash
133 062
138 152
121 057
141 114

Estimated living cost  is ₽15875 per week

₽10129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1144
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4129
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Podgorica model

Close
Valencia , Spain
₽76777
₽72581
₽91951
₽96366
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
186 000
other
-
-
-
93
unemployment
-
-
-
649
accident
-
-
-
835
income
-
-
-
53 923
pensions
-
-
-
26 227
total
-
-
-
81 727
Employee
36 972
-
156 454
-
income
7 128
-
50 491
-
pensions
1 738
-
4 357
-
unemployment
573
-
1 436
-
other
36
-
93
-
total
9 475
-
56 377
-
Employer
36 972
-
156 454
-
pensions
8 725
-
21 872
-
other
296
-
742
-
accident
732
-
1 835
-
unemployment
2 034
-
5 097
-
total
11 787
-
29 546
-
Corporate
137 241
186 000
-
-
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.

20 586
27 900
-
-
total
20 586
27 900
-
-
Dividends
116 655
158 100
-
-
withholding
24 705
34 238
-
-
total
24 705
34 238
-
-
Income
186 000
186 000
186 000
186 000
Total tax
66 553
62 138
85 923
81 727
After tax
119 447
123 862
100 077
104 273
Living cost
27 496
27 496
27 496
27 496
Free-cash
91 951
96 366
72 581
76 777

Estimated living cost  is ₽27496 per week

₽18559
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2643
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽482
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5812
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Valencia model

Close
Istanbul , Turkey
₽116554
₽116358
₽112876
₽113326
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
186 000
health
-
-
-
1 448
income
-
-
-
63 263
pensions
-
-
-
1 997
total
-
-
-
66 708
Employee
4 171
-
183 753
-
income
807
-
63 158
-
pensions
375
-
899
-
unemployment
42
-
100
-
health
209
-
499
-
total
1 433
-
64 656
-
Employer
4 171
-
183 753
-
pensions
459
-
1 099
-
health
396
-
949
-
unemployment
83
-
200
-
total
938
-
2 248
-
Corporate
180 891
186 000
-
-
income
39 796
40 920
-
-
total
39 796
40 920
-
-
Dividends
141 095
145 080
-
-
withholding
28 219
29 016
-
-
total
28 219
29 016
-
-
Income
186 000
186 000
186 000
186 000
Total tax
70 386
69 936
66 904
66 708
After tax
115 614
116 064
119 096
119 292
Living cost
2 738
2 738
2 738
2 738
Free-cash
112 876
113 326
116 358
116 554

Estimated living cost  is ₽2738 per week

₽1627
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽222
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽63
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽826
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Istanbul model

Close
Belgrade , Serbia
₽98450
₽98450
₽112172
₽117092
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
186 000
unemployment
-
-
-
1 108
health
-
-
-
7 612
income
-
-
-
42 323
pensions
-
-
-
19 214
total
-
-
-
70 257
Employee

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

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

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

26 076
-
172 772
-
income
3 594
-
42 323
-
pensions
3 651
-
10 346
-
unemployment
196
-
554
-
health
1 343
-
3 806
-
total
8 784
-
57 029
-
Employer

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

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

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

26 076
-
172 772
-
pensions
3 129
-
8 868
-
health
1 343
-
3 806
-
unemployment
196
-
554
-
total
4 668
-
13 228
-
Corporate
155 256
186 000
-
-
income
23 288
27 900
-
-
total
23 288
27 900
-
-
Dividends
131 968
158 100
-
-
withholding
19 795
23 715
-
-
total
19 795
23 715
-
-
Income
186 000
186 000
186 000
186 000
Total tax
56 535
51 615
70 257
70 257
After tax
129 465
134 385
115 743
115 743
Living cost
17 293
17 293
17 293
17 293
Free-cash
112 172
117 092
98 450
98 450

Estimated living cost  is ₽17293 per week

₽11643
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1338
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3811
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Belgrade model

Close
Porto , Portugal
₽72023
₽57921
₽78481
₽78841
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
186 000
social contributions

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

-
-
-
64 636
income
-
-
-
22 385
surtax
-
-
-
-
total
-
-
-
87 021
Employee
38 808
-
150 303
-
income
7 583
-
48 893
-
social contributions
4 269
-
16 533
-
surtax
-
-
-
-
total
11 852
-
65 426
-
Employer
38 808
-
150 303
-
social contributions
9 216
-
35 697
-
total
9 216
-
35 697
-
Corporate
137 976
186 000
-
-
surtax
-
-
-
-
income
28 974
39 060
-
-
total
28 974
39 060
-
-
Dividends
109 002
146 940
-
-
withholding
30 521
41 143
-
-
total
30 521
41 143
-
-
Income
186 000
186 000
186 000
186 000
Total tax
80 563
80 203
101 123
87 021
After tax
105 437
105 797
84 877
98 979
Living cost
26 956
26 956
26 956
26 956
Free-cash
78 481
78 841
57 921
72 023

Estimated living cost  is ₽26956 per week

₽19092
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1873
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5514
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Porto model

Close
Madrid , Spain
₽69133
₽64937
₽82181
₽88722
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
186 000
other
-
-
-
93
unemployment
-
-
-
649
accident
-
-
-
835
income
-
-
-
53 923
pensions
-
-
-
26 227
total
-
-
-
81 727
Employee
48 290
-
156 454
-
income
10 086
-
50 491
-
pensions
2 269
-
4 357
-
unemployment
748
-
1 436
-
other
47
-
93
-
total
13 150
-
56 377
-
Employer
48 290
-
156 454
-
pensions
11 396
-
21 872
-
other
387
-
742
-
accident
956
-
1 835
-
unemployment
2 656
-
5 097
-
total
15 395
-
29 546
-
Corporate
122 314
186 000
-
-
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.

18 347
27 900
-
-
total
18 347
27 900
-
-
Dividends
103 967
158 100
-
-
withholding
21 787
34 238
-
-
total
21 787
34 238
-
-
Income
186 000
186 000
186 000
186 000
Total tax
68 679
62 138
85 923
81 727
After tax
117 321
123 862
100 077
104 273
Living cost
35 140
35 140
35 140
35 140
Free-cash
82 181
88 722
64 937
69 133

Estimated living cost  is ₽35140 per week

₽25236
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2732
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6677
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Madrid model

Close
Sofia , Bulgaria
₽131579
₽138981
₽135741
₽141833
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
186 000
unemployment
-
-
-
140
health
-
-
-
4 016
income
-
-
-
27 900
pensions

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

-
-
-
5 168
total
-
-
-
37 224
Employee
22 772
-
179 149
-
income
2 278
-
17 915
-
pensions

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

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

We are using the highest rate at 1.1%.

250
-
384
-
total
5 575
-
22 971
-
Employer
22 772
-
179 149
-
pensions

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

2 509
-
3 848
-
accident

We are using the highest rate at 1.1%.

250
-
384
-
health
1 571
-
2 409
-
unemployment
137
-
210
-
total
4 467
-
6 851
-
Corporate
158 760
186 000
-
-
income
15 876
18 600
-
-
total
15 876
18 600
-
-
Dividends
142 884
167 400
-
-
withholding
7 144
8 370
-
-
total
7 144
8 370
-
-
Income
186 000
186 000
186 000
186 000
Total tax
33 062
26 970
29 822
37 224
After tax
152 938
159 030
156 178
148 776
Living cost
17 197
17 197
17 197
17 197
Free-cash
135 741
141 833
138 981
131 579

Estimated living cost  is ₽17197 per week

₽11374
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽985
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽410
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4429
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sofia model

Close
Berlin , Germany
₽58734
₽78754
₽70186
₽57104
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
186 000
trade
-
-
-
20 020
health

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

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

-
-
-
6 831
income

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

-
-
-
58 590
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.

-
-
-
3 222
total
-
-
-
88 663
Employee

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

49 751
-
186 000
-
surtax

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

226
-
3 222
-
income

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

4 091
-
58 590
-
health

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

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

6 831
-
6 831
-
total
11 148
-
68 643
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
136 249
186 000
-
-
trade
19 552
26 692
-
-
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.

1 123
1 535
-
-
income
20 438
27 900
-
-
chamber of commerce
351
425
-
-
total
41 464
56 552
-
-
Dividends
94 786
129 448
-
-
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.

1 283
1 759
-
-
withholding
23 316
31 982
-
-
total
24 599
33 741
-
-
Income
186 000
186 000
186 000
186 000
Total tax
77 211
90 293
68 643
88 663
After tax
108 789
95 707
117 357
97 337
Living cost
38 603
38 603
38 603
38 603
Free-cash
70 186
57 104
78 754
58 734

Estimated living cost  is ₽38603 per week

₽26629
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽560
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7260
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Berlin model

Close
Dublin , Ireland
₽39909
₽39909
₽75448
₽73243
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
186 000
social contributions
-
-
-
31 260
income
-
-
-
57 873
total
-
-
-
89 133
Employee
78 213
-
186 000
-
social contributions
6 498
-
31 260
-
income
14 759
-
57 873
-
total
21 257
-
89 133
-
Employer
78 213
-
186 000
-
total
-
-
-
-
Corporate
107 787
186 000
-
-
income
13 474
23 250
-
-
total
13 474
23 250
-
-
Dividends
94 313
162 750
-
-
withholding
18 863
32 549
-
-
total
18 863
32 549
-
-
Income
186 000
186 000
186 000
186 000
Total tax
53 594
55 799
89 133
89 133
After tax
132 406
130 201
96 867
96 867
Living cost
56 958
56 958
56 958
56 958
Free-cash
75 448
73 243
39 909
39 909

Estimated living cost  is ₽56958 per week

₽43333
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4641
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8440
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

To obtain permanent residence for non EEA/Swiss nationals, it is required to invest a huge amount - at least €1 million aggregate investment into a new or an existing Irish business, for a minimum of three years.

Source of data for Dublin model

Close
Sliema , Malta
₽114567
₽95352
₽82815
₽79321
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
186 000
health

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

-
-
-
6 675
income
-
-
-
28 462
total
-
-
-
35 137
Employee
45 869
-
181 401
-
social contributions
4 596
-
4 599
-
income
4 977
-
45 154
-
total
9 573
-
49 753
-
Employer
45 869
-
181 401
-
social contributions
4 596
-
4 599
-
total
4 596
-
4 599
-
Corporate
135 535
186 000
-
-
income
47 437
65 100
-
-
total
47 437
65 100
-
-
Dividends
88 099
120 900
-
-
social contributions
5 283
5 283
-
-
total
5 283
5 283
-
-
Income
186 000
186 000
186 000
186 000
Total tax
66 889
70 383
54 352
35 137
After tax
119 111
115 617
131 648
150 863
Living cost
36 296
36 296
36 296
36 296
Free-cash
82 815
79 321
95 352
114 567

Estimated living cost  is ₽36296 per week

₽23908
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2861
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8969
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sliema model

Close
Edinburgh , United Kingdom
₽85324
₽68537
₽89399
₽83446
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
186 000
income
-
-
-
54 099
pensions
-
-
-
9 225
total
-
-
-
63 324
Employee
51 271
-
162 401
-
income
9 337
-
42 911
-
pensions
3 913
-
11 282
-
health
669
-
2 319
-
total
13 919
-
56 512
-
Employer
51 271
-
162 401
-
pensions
5 180
-
20 514
-
health
974
-
3 085
-
total
6 154
-
23 599
-
Corporate
128 574
186 000
-
-
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.

24 430
35 339
-
-
total
24 430
35 339
-
-
Dividends
104 145
150 661
-
-
withholding
14 746
29 863
-
-
total
14 746
29 863
-
-
Income
186 000
186 000
186 000
186 000
Total tax
59 249
65 202
80 111
63 324
After tax
126 751
120 798
105 889
122 676
Living cost
37 352
37 352
37 352
37 352
Free-cash
89 399
83 446
68 537
85 324

Estimated living cost  is ₽37352 per week

₽25623
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3435
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽467
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7824
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

The only visa which will gain you entry to the UK as a freelancer is Tier 1 (with an exception of EU nationals or long-term UK residence permit holders, up until Brexit). There are two Tier 1 visa pathways.

You can either apply for an Entrepreneur visa which requires an investment of at least £200000 and creating two full time jobs, or choose an Exceptional Talent visa, which has no financial requirements but is more difficult to obtain.

Source of data for Edinburgh model

Close
Warsaw , Poland
₽103384
₽77674
₽11427
-₽8662
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
186 000
other
-
-
-
369
accident
-
-
-
252
health
-
-
-
2 172
income
-
-
-
51 950
pensions
-
-
-
4 145
total
-
-
-
58 888
Employee
37 325
-
168 100
-
income
5 121
-
39 851
-
pensions
4 203
-
7 599
-
health
4 274
-
19 248
-
total
13 598
-
66 698
-
Employer
37 325
-
168 100
-
pensions
6 069
-
10 974
-
accident
623
-
2 807
-
unemployment
914
-
4 119
-
total
7 606
-
17 900
-
Corporate
141 068
186 000
-
-
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.

126 961
167 400
-
-
total
126 961
167 400
-
-
Dividends
14 107
18 600
-
-
withholding
2 680
3 534
-
-
total
2 680
3 534
-
-
Income
186 000
186 000
186 000
186 000
Total tax
150 845
170 934
84 598
58 888
After tax
35 155
15 066
101 402
127 112
Living cost
23 728
23 728
23 728
23 728
Free-cash
11 427
-8 662
77 674
103 384

Estimated living cost  is ₽23728 per week

₽17414
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1383
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4454
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Poland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should use a business incubator or set up a company and hire themselves as an employee.

Source of data for Warsaw model

Close
Skopje , Macedonia
₽97725
₽119703
₽138342
₽128789
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
186 000
work injury
-
-
-
799
unemployment
-
-
-
1 918
income
-
-
-
30 817
health insurance
-
-
-
11 829
pensions
-
-
-
29 411
total
-
-
-
74 774
Employee

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

21 601
-
186 000
-
income
2 160
-
30 817
-
work injury
108
-
400
-
pensions
3 975
-
14 706
-
unemployment
259
-
959
-
health insurance
1 598
-
5 914
-
total
8 100
-
52 796
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
164 399
186 000
-
-
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%.

1 644
18 600
-
-
total
1 644
18 600
-
-
Dividends
162 755
167 400
-
-
withholding
24 413
25 110
-
-
total
24 413
25 110
-
-
Income
186 000
186 000
186 000
186 000
Total tax
34 157
43 710
52 796
74 774
After tax
151 843
142 290
133 204
111 226
Living cost
13 501
13 501
13 501
13 501
Free-cash
138 342
128 789
119 703
97 725

Estimated living cost  is ₽13501 per week

₽8364
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽981
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽421
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3735
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

Close
Rome , Italy
₽46283
₽38117
₽53589
₽58139
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
186 000
social contributions
-
-
-
47 839
municipal
-
-
-
1 243
national
-
-
-
46 532
regional
-
-
-
4 270
total
-
-
-
99 884
Employee
84 257
-
186 000
-
national
14 239
-
40 431
-
social contributions
28 411
-
62 719
-
municipal
503
-
1 110
-
regional
1 272
-
3 790
-
total
44 425
-
108 050
-
Employer
84 257
-
186 000
-
total
-
-
-
-
Corporate
101 743
186 000
-
-
nationa
24 419
44 640
-
-
municipal
4 903
8 966
-
-
total
29 322
53 606
-
-
Dividends
72 422
132 394
-
-
withholding
18 831
34 422
-
-
total
18 831
34 422
-
-
Income
186 000
186 000
186 000
186 000
Total tax
92 578
88 028
108 050
99 884
After tax
93 422
97 972
77 950
86 116
Living cost
39 833
39 833
39 833
39 833
Free-cash
53 589
58 139
38 117
46 283

Estimated living cost  is ₽39833 per week

₽27980
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2740
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽601
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8510
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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