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
₽ 187000
per

Your estimated
City
free-cash

Dresden , Germany
₽65543
₽87712
₽75167
₽64167
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
187 000
trade
-
-
-
22 169
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.

-
-
-
6 796
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.

-
-
-
59 109
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.

-
-
-
3 251
total
-
-
-
91 325
Employee

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

38 049
-
187 000
-
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
-
3 251
-
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.

1 063
-
59 109
-
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.

6 796
-
6 796
-
total
7 918
-
69 156
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
148 951
187 000
-
-
trade
23 460
29 452
-
-
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.

1 229
1 542
-
-
income
22 342
28 049
-
-
chamber of commerce
364
419
-
-
total
47 395
59 462
-
-
Dividends
101 556
127 538
-
-
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.

1 376
1 733
-
-
withholding
25 012
31 506
-
-
total
26 388
33 239
-
-
Income
187 000
187 000
187 000
187 000
Total tax
81 701
92 701
69 156
91 325
After tax
105 299
94 299
117 844
95 675
Living cost
30 132
30 132
30 132
30 132
Free-cash
75 167
64 167
87 712
65 543

Estimated living cost  is ₽30132 per week

₽18954
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3513
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽563
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7102
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58925
₽59929
₽65663
₽66496
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
187 000
social contributions
-
-
-
2 010
municipal
-
-
-
20 575
national
-
-
-
32 858
pensions
-
-
-
22 440
total
-
-
-
77 883
Employee
77 807
-
161 660
-
pensions
3 112
-
6 466
-
national
14 892
-
34 443
-
municipal
9 610
-
21 299
-
total
27 614
-
62 208
-
Employer
77 807
-
161 660
-
pensions
6 225
-
12 933
-
social contributions
836
-
1 738
-
total
7 061
-
14 671
-
Corporate
96 996
187 000
-
-
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%.

19 399
37 400
-
-
total
19 399
37 400
-
-
Dividends
77 597
149 600
-
-
withholding
17 071
32 912
-
-
total
17 071
32 912
-
-
Income
187 000
187 000
187 000
187 000
Total tax
71 145
70 312
76 879
77 883
After tax
115 855
116 688
110 121
109 117
Living cost
50 192
50 192
50 192
50 192
Free-cash
65 663
66 496
59 929
58 925

Estimated living cost  is ₽50192 per week

₽34115
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4666
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽751
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10660
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44846
₽58670
₽120744
₽128905
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
187 000
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.

-
-
-
38 115
income
-
-
-
35 659
microenterprise
-
-
-
-
surtax
-
-
-
47 684
total
-
-
-
121 458
Employee
29 068
-
142 738
-
income
5 174
-
29 633
-
social contributions

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

3 198
-
13 041
-
surtax
-
-
20 698
-
total
8 372
-
63 372
-
Employer
29 068
-
142 738
-
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.

7 002
-
28 561
-
surtax
-
-
15 701
-
total
7 002
-
44 262
-
Corporate
150 930
187 000
-
-
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%.

30 186
37 399
-
-
total
30 186
37 399
-
-
Dividends

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

120 744
149 601
-
-
total
-
-
-
-
Income
187 000
187 000
187 000
187 000
Total tax
45 560
37 399
107 634
121 458
After tax
141 440
149 601
79 366
65 542
Living cost
20 696
20 696
20 696
20 696
Free-cash
120 744
128 905
58 670
44 846

Estimated living cost  is ₽20696 per week

₽13203
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1971
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽470
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5052
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60748
₽76438
₽44991
₽51087
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
187 000
health
-
-
-
12 267
income
-
-
-
60 657
pensions
-
-
-
11 655
total
-
-
-
84 579
Employee
84 952
84 952
168 513
-
income

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

13 905
13 905
26 480
-
pensions
15 291
11 655
11 655
-
health
13 039
11 091
12 267
-
total
42 235
36 651
50 402
-
Employer
84 952
84 952
168 513
-
pensions
5 913
5 913
7 349
-
health
5 905
5 905
7 338
-
unemployment
3 058
3 058
3 800
-
total
14 876
14 876
18 487
-
Corporate
88 215
87 173
-
-
income
17 643
17 434
-
-
total
17 643
17 434
-
-
Dividends
70 571
69 739
-
-
withholding
10 585
10 460
-
-
income
14 997
14 819
-
-
total
25 582
25 279
-
-
Income
187 000
187 000
187 000
187 000
Total tax
100 336
94 240
68 889
84 579
After tax
86 664
92 760
118 111
102 421
Living cost
41 673
41 673
41 673
41 673
Free-cash
44 991
51 087
76 438
60 748

Estimated living cost  is ₽41673 per week

₽29533
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3757
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽663
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7721
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56575
₽55645
₽62884
₽63744
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
187 000
other
-
-
-
9 769
unemployment
-
-
-
84
accident
-
-
-
168
municipal
-
-
-
48 501
health
-
-
-
5 246
national
-
-
-
19 211
pensions
-
-
-
9 088
total
-
-
-
92 067
Employee
54 657
-
160 586
-
national
-
-
18 696
-
municipal
16 299
-
47 887
-
total
16 299
-
66 583
-
Employer
54 657
-
160 586
-
pensions
5 908
-
9 088
-
other
6 351
-
9 769
-
accident
109
-
168
-
health
3 361
-
5 170
-
unemployment
1 443
-
2 219
-
total
17 172
-
26 414
-
Corporate
115 170
187 000
-
-
income
25 337
41 140
-
-
total
25 337
41 140
-
-
Dividends
89 832
145 860
-
-
withholding
26 950
43 758
-
-
total
26 950
43 758
-
-
Income
187 000
187 000
187 000
187 000
Total tax
85 758
84 898
92 997
92 067
After tax
101 242
102 102
94 003
94 933
Living cost
38 358
38 358
38 358
38 358
Free-cash
62 884
63 744
55 645
56 575

Estimated living cost  is ₽38358 per week

₽25422
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3764
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.
₽8590
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55610
₽78764
₽68232
₽54257
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
187 000
trade
-
-
-
23 154
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.

-
-
-
6 796
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.

-
-
-
59 109
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.

-
-
-
3 251
total
-
-
-
92 310
Employee

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

50 448
-
187 000
-
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.

238
-
3 251
-
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.

4 334
-
59 109
-
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.

6 796
-
6 796
-
total
11 368
-
69 156
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
136 552
187 000
-
-
trade
22 463
30 762
-
-
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.

1 127
1 542
-
-
income
20 483
28 049
-
-
chamber of commerce
345
417
-
-
total
44 418
60 770
-
-
Dividends
92 134
126 229
-
-
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.

1 246
1 714
-
-
withholding
22 656
31 179
-
-
total
23 902
32 893
-
-
Income
187 000
187 000
187 000
187 000
Total tax
79 688
93 663
69 156
92 310
After tax
107 312
93 337
117 844
94 690
Living cost
39 080
39 080
39 080
39 080
Free-cash
68 232
54 257
78 764
55 610

Estimated living cost  is ₽39080 per week

₽26137
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4121
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.
₽8238
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94958
₽93347
₽99989
₽104113
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
187 000
social contributions
-
-
-
16 095
health
-
-
-
4 769
income
-
-
-
38 912
total
-
-
-
59 776
Employee
76 495
76 495
175 196
-
income
8 033
7 081
38 041
-
social contributions
3 717
6 349
8 563
-
health
761
1 301
2 979
-
total
12 511
14 731
49 583
-
Employer
76 495
76 495
175 196
-
health
829
1 416
3 241
-
social contributions
3 717
6 349
8 563
-
total
4 546
7 765
11 804
-
Corporate
137 677
102 740
-
-
income
17 209
12 843
-
-
total
17 209
12 843
-
-
Dividends
120 468
89 898
-
-
withholding
20 479
15 282
-
-
total
20 479
15 282
-
-
Income
187 000
187 000
187 000
187 000
Total tax
54 745
50 621
61 387
59 776
After tax
132 255
136 379
125 613
127 224
Living cost
32 266
32 266
32 266
32 266
Free-cash
99 989
104 113
93 347
94 958

Estimated living cost  is ₽32266 per week

₽22057
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2520
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽542
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7147
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽111251
₽90112
₽87116
₽86732
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
187 000
unemployment
-
-
-
2 805
health
-
-
-
13 090
income
-
-
-
22 861
pensions
-
-
-
18 700
total
-
-
-
57 456
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.

26 407
10 509
156 485
-
income
3 228
1 285
19 130
-
pensions
2 641
1 051
15 649
-
unemployment
396
158
2 347
-
health
1 848
736
10 954
-
total
8 113
3 230
48 080
-
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.

26 407
10 509
156 485
-
pensions
5 149
2 049
30 515
-
total
5 149
2 049
30 515
-
Corporate
155 444
174 441
-
-
income
13 990
15 700
-
-
total
13 990
15 700
-
-
Dividends
141 454
158 742
-
-
social contributions
27 463
30 835
-
-
withholding
26 876
30 161
-
-
total
54 339
60 996
-
-
Income
187 000
187 000
187 000
187 000
Total tax
81 591
81 975
78 595
57 456
After tax
105 409
105 025
108 405
129 544
Living cost
18 293
18 293
18 293
18 293
Free-cash
87 116
86 732
90 112
111 251

Estimated living cost  is ₽18293 per week

₽12483
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1497
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽366
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3947
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76205
₽83757
₽119392
₽125573
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
187 000
health
-
-
-
24 309
income
-
-
-
25 059
pensions
-
-
-
37 399
total
-
-
-
86 767
Employee
28 221
-
139 761
-
income
3 177
-
26 945
-
pensions
564
-
2 796
-
unemployment
451
-
2 237
-
total
4 192
-
31 978
-
Employer
28 221
-
139 761
-
pensions
5 645
-
27 951
-
health
3 668
-
18 168
-
unemployment
227
-
1 118
-
total
9 540
-
47 237
-
Corporate
149 240
187 000
-
-
income
29 848
37 399
-
-
total
29 848
37 399
-
-
Dividends
119 392
149 601
-
-
total
-
-
-
-
Income
187 000
187 000
187 000
187 000
Total tax
43 580
37 399
79 215
86 767
After tax
143 420
149 601
107 785
100 233
Living cost
24 028
24 028
24 028
24 028
Free-cash
119 392
125 573
83 757
76 205

Estimated living cost  is ₽24028 per week

₽16481
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1431
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5633
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽105925
₽80128
₽11793
-₽6719
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
187 000
other
-
-
-
368
accident
-
-
-
251
health
-
-
-
2 168
income
-
-
-
52 287
pensions
-
-
-
4 135
total
-
-
-
59 209
Employee
34 396
-
169 084
-
income
4 719
-
40 147
-
pensions
3 873
-
7 583
-
health
3 938
-
19 360
-
total
12 530
-
67 090
-
Employer
34 396
-
169 084
-
pensions
5 593
-
10 950
-
accident
574
-
2 824
-
unemployment
843
-
4 142
-
total
7 010
-
17 916
-
Corporate
145 594
187 000
-
-
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.

131 035
168 300
-
-
total
131 035
168 300
-
-
Dividends
14 559
18 700
-
-
withholding
2 766
3 553
-
-
total
2 766
3 553
-
-
Income
187 000
187 000
187 000
187 000
Total tax
153 341
171 853
85 006
59 209
After tax
33 659
15 147
101 994
127 791
Living cost
21 866
21 866
21 866
21 866
Free-cash
11 793
-6 719
80 128
105 925

Estimated living cost  is ₽21866 per week

₽16026
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1211
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4173
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽176170
₽140640
₽167010
₽168690
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
187 000
microenterprise

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

-
-
-
1 870
total
-
-
-
1 870
Employee
11 199
-
187 000
-
income
2 240
-
37 400
-
total
2 240
-
37 400
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

175 801
187 000
-
-
total
-
-
-
-
Dividends
175 801
187 000
-
-
withholding
8 790
9 350
-
-
total
8 790
9 350
-
-
Income
187 000
187 000
187 000
187 000
Total tax
11 030
9 350
37 400
1 870
After tax
175 970
177 650
149 600
185 130
Living cost
8 960
8 960
8 960
8 960
Free-cash
167 010
168 690
140 640
176 170

Estimated living cost  is ₽8960 per week

₽5552
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽745
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽246
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2416
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80343
₽79192
₽104163
₽110882
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
187 000
other
-
-
-
7 185
health
-
-
-
6 656
income
-
-
-
30 003
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.

-
-
-
36 306
total
-
-
-
80 150
Employee
36 120
-
149 359
-
income
6 218
-
29 620
-
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.

2 528
-
10 457
-
unemployment
361
-
1 493
-
health
506
-
2 092
-
total
9 613
-
43 662
-
Employer
36 120
-
149 359
-
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.

6 141
-
25 391
-
other
1 807
-
7 468
-
accident
289
-
1 195
-
health
506
-
2 092
-
unemployment
361
-
1 493
-
total
9 104
-
37 639
-
Corporate
141 777
187 000
-
-
income
29 773
39 270
-
-
total
29 773
39 270
-
-
Dividends
112 004
147 730
-
-
withholding
7 840
10 341
-
-
total
7 840
10 341
-
-
Income
187 000
187 000
187 000
187 000
Total tax
56 330
49 611
81 301
80 150
After tax
130 670
137 389
105 699
106 850
Living cost
26 507
26 507
26 507
26 507
Free-cash
104 163
110 882
79 192
80 343

Estimated living cost  is ₽26507 per week

₽18729
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1790
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽427
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5561
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56385
₽39522
₽59608
₽54426
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
187 000
income
-
-
-
54 624
pensions
-
-
-
9 207
total
-
-
-
63 831
Employee
94 489
-
163 253
-
income
17 033
-
43 381
-
pensions
9 116
-
11 243
-
health
1 557
-
2 323
-
total
27 706
-
56 947
-
Employer
94 489
-
163 253
-
pensions
11 156
-
20 646
-
health
1 795
-
3 101
-
total
12 951
-
23 747
-
Corporate
79 560
187 000
-
-
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.

15 117
35 530
-
-
total
15 117
35 530
-
-
Dividends
64 442
151 470
-
-
withholding
4 834
30 260
-
-
total
4 834
30 260
-
-
Income
187 000
187 000
187 000
187 000
Total tax
60 608
65 790
80 694
63 831
After tax
126 392
121 210
106 306
123 169
Living cost
66 784
66 784
66 784
66 784
Free-cash
59 608
54 426
39 522
56 385

Estimated living cost  is ₽66784 per week

₽50043
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7847
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽543
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8353
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽136653
₽144115
₽142239
₽146856
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
187 000
unemployment
-
-
-
139
health
-
-
-
3 992
income
-
-
-
28 050
pensions

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

-
-
-
5 137
total
-
-
-
37 318
Employee
17 253
-
180 190
-
income
1 725
-
18 019
-
pensions

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

1 515
-
3 048
-
health
794
-
1 597
-
accident

We are using the highest rate at 1.1%.

190
-
382
-
total
4 224
-
23 046
-
Employer
17 253
-
180 190
-
pensions

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

1 901
-
3 825
-
accident

We are using the highest rate at 1.1%.

190
-
382
-
health
1 191
-
2 395
-
unemployment
103
-
208
-
total
3 385
-
6 810
-
Corporate
166 362
187 000
-
-
income
16 637
18 700
-
-
total
16 637
18 700
-
-
Dividends
149 726
168 300
-
-
withholding
7 486
8 415
-
-
total
7 486
8 415
-
-
Income
187 000
187 000
187 000
187 000
Total tax
31 732
27 115
29 856
37 318
After tax
155 268
159 885
157 144
149 682
Living cost
13 029
13 029
13 029
13 029
Free-cash
142 239
146 856
144 115
136 653

Estimated living cost  is ₽13029 per week

₽7607
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽930
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽345
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4147
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47258
₽62948
₽40097
₽37597
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
187 000
health
-
-
-
12 267
income
-
-
-
60 657
pensions
-
-
-
11 655
total
-
-
-
84 579
Employee
92 230
84 952
168 513
-
income

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

13 905
13 905
26 480
-
pensions
11 655
11 655
11 655
-
health
11 506
11 091
12 267
-
total
37 066
36 651
50 402
-
Employer
92 230
84 952
168 513
-
pensions
6 419
5 913
7 349
-
health
6 409
5 905
7 338
-
unemployment
3 321
3 058
3 800
-
total
16 149
14 876
18 487
-
Corporate
78 622
87 173
-
-
income
15 724
17 434
-
-
total
15 724
17 434
-
-
Dividends
62 898
69 739
-
-
withholding
9 435
10 460
-
-
income
13 366
14 819
-
-
total
22 801
25 279
-
-
Income
187 000
187 000
187 000
187 000
Total tax
91 740
94 240
68 889
84 579
After tax
95 260
92 760
118 111
102 421
Living cost
55 163
55 163
55 163
55 163
Free-cash
40 097
37 597
62 948
47 258

Estimated living cost  is ₽55163 per week

₽40692
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4927
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽632
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8912
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83432
₽75567
₽96128
₽104705
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
187 000
social contributions
-
-
-
34 599
health
-
-
-
25 245
income
-
-
-
19 073
solidarity contribution
-
-
-
607
total
-
-
-
79 524
Employee
35 360
-
144 383
-
income
4 243
-
17 578
-
solidarity contribution
-
-
-
-
social contributions
2 298
-
7 702
-
health
4 774
-
19 492
-
total
11 315
-
44 772
-
Employer
35 360
-
144 383
-
health
3 182
-
12 994
-
social contributions
8 840
-
29 623
-
total
12 022
-
42 617
-
Corporate
139 618
187 000
-
-
income
26 527
35 530
-
-
total
26 527
35 530
-
-
Dividends
113 091
151 470
-
-
withholding
16 964
22 721
-
-
total
16 964
22 721
-
-
Income
187 000
187 000
187 000
187 000
Total tax
66 828
58 251
87 389
79 524
After tax
120 172
128 749
99 611
107 476
Living cost
24 044
24 044
24 044
24 044
Free-cash
96 128
104 705
75 567
83 432

Estimated living cost  is ₽24044 per week

₽16702
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1711
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽473
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5160
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46707
₽38261
₽52600
₽57794
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
187 000
social contributions
-
-
-
48 096
municipal
-
-
-
1 112
national
-
-
-
46 889
regional
-
-
-
2 219
total
-
-
-
98 316
Employee
88 411
-
187 000
-
national
15 320
-
40 754
-
social contributions
29 812
-
63 057
-
municipal
468
-
991
-
regional
834
-
1 960
-
total
46 434
-
106 762
-
Employer
88 411
-
187 000
-
total
-
-
-
-
Corporate
98 589
187 000
-
-
nationa
23 662
44 881
-
-
municipal
3 845
7 293
-
-
total
27 507
52 174
-
-
Dividends
71 081
134 827
-
-
withholding
18 482
35 055
-
-
total
18 482
35 055
-
-
Income
187 000
187 000
187 000
187 000
Total tax
92 423
87 229
106 762
98 316
After tax
94 577
99 771
80 238
88 684
Living cost
41 977
41 977
41 977
41 977
Free-cash
52 600
57 794
38 261
46 707

Estimated living cost  is ₽41977 per week

₽29261
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2752
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽644
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9318
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66382
₽60301
₽92575
₽95671
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
187 000
other
-
-
-
-
unemployment
-
-
-
227
health
-
-
-
9 426
income
-
-
-
53 888
surtax
-
-
-
8 571
pensions
-
-
-
26 554
total
-
-
-
98 666
Employee
32 897
-
159 053
-
income
5 514
-
47 937
-
pensions
2 194
-
8 856
-
unemployment
2 290
-
9 241
-
health
840
-
3 385
-
other
-
-
-
-
surtax
108
-
7 381
-
total
10 946
-
76 800
-
Employer
32 897
-
159 053
-
pensions
4 385
-
17 698
-
other
-
-
-
-
health
1 497
-
6 041
-
unemployment
1 042
-
4 208
-
total
6 924
-
27 947
-
Corporate
147 178
187 000
-
-
income
38 266
48 621
-
-
total
38 266
48 621
-
-
Dividends
108 912
138 379
-
-
withholding
16 337
20 756
-
-
total
16 337
20 756
-
-
Income
187 000
187 000
187 000
187 000
Total tax
72 473
69 377
104 747
98 666
After tax
114 527
117 623
82 253
88 334
Living cost
21 952
21 952
21 952
21 952
Free-cash
92 575
95 671
60 301
66 382

Estimated living cost  is ₽21952 per week

₽13422
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2026
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽506
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5998
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77544
₽60681
₽82182
₽75585
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
187 000
income
-
-
-
54 624
pensions
-
-
-
9 207
total
-
-
-
63 831
Employee
63 324
-
163 253
-
income
11 405
-
43 381
-
pensions
5 375
-
11 243
-
health
919
-
2 323
-
total
17 699
-
56 947
-
Employer
63 324
-
163 253
-
pensions
6 855
-
20 646
-
health
1 203
-
3 101
-
total
8 058
-
23 747
-
Corporate
115 618
187 000
-
-
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.

21 968
35 530
-
-
total
21 968
35 530
-
-
Dividends
93 650
151 470
-
-
withholding
11 468
30 260
-
-
total
11 468
30 260
-
-
Income
187 000
187 000
187 000
187 000
Total tax
59 193
65 790
80 694
63 831
After tax
127 807
121 210
106 306
123 169
Living cost
45 625
45 625
45 625
45 625
Free-cash
82 182
75 585
60 681
77 544

Estimated living cost  is ₽45625 per week

₽34182
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3420
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7545
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽74988
₽66781
₽42447
₽10244
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
187 000
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.

-
-
-
3 741
health
-
-
-
421
city
-
-
-
1 972
national
-
-
-
3 728
regional
-
-
-
9 679
pensions
-
-
-
17 203
total
-
-
-
36 744
Employee
88 083
-
167 498
-
pensions
7 400
-
13 932
-
national
417
-
2 787
-
unemployment
-
-
-
-
city
945
-
1 802
-
health
199
-
377
-
regional
2 884
-
8 394
-
total
11 845
-
27 292
-
Employer
88 083
-
167 498
-
pensions
7 400
-
13 932
-
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.

1 761
-
3 350
-
health
199
-
377
-
unemployment
-
-
-
-
total
9 360
-
17 659
-
Corporate
88 589
187 000
-
-
regional
18 736
39 550
-
-
national
7 530
15 894
-
-
total
26 266
55 444
-
-
Dividends
62 323
131 555
-
-
withholding
21 814
46 044
-
-
total
21 814
46 044
-
-
Income
187 000
187 000
187 000
187 000
Total tax
69 285
101 488
44 951
36 744
After tax
117 715
85 512
142 049
150 256
Living cost
75 268
75 268
75 268
75 268
Free-cash
42 447
10 244
66 781
74 988

Estimated living cost  is ₽75268 per week

₽48946
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6754
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽924
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18643
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽48134
₽72272
₽62931
₽46804
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
187 000
trade
-
-
-
24 138
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.

-
-
-
6 796
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.

-
-
-
59 109
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.

-
-
-
3 251
total
-
-
-
93 294
Employee

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

59 785
-
187 000
-
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.

387
-
3 251
-
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.

7 030
-
59 109
-
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.

6 796
-
6 796
-
total
14 213
-
69 156
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
127 215
187 000
-
-
trade
21 817
32 070
-
-
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.

1 050
1 542
-
-
income
19 082
28 049
-
-
chamber of commerce
330
413
-
-
total
42 279
62 074
-
-
Dividends
84 935
124 925
-
-
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.

1 148
1 697
-
-
withholding
20 857
30 853
-
-
total
22 005
32 550
-
-
Income
187 000
187 000
187 000
187 000
Total tax
78 497
94 624
69 156
93 294
After tax
108 503
92 376
117 844
93 706
Living cost
45 572
45 572
45 572
45 572
Free-cash
62 931
46 804
72 272
48 134

Estimated living cost  is ₽45572 per week

₽33284
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3645
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽593
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8052
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71155
₽67387
₽66089
₽60213
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
187 000
other
-
-
-
5 797
social contributions
-
-
-
5 329
health
-
-
-
8 274
income
-
-
-
30 187
surtax
-
-
-
-
pensions
-
-
-
32 223
total
-
-
-
81 810
Employee
42 576
-
144 247
-
income
2 513
-
28 483
-
pensions
4 814
-
10 232
-
social contributions
1 214
-
4 110
-
surtax
-
-
-
-
total
8 541
-
42 825
-
Employer
42 576
-
144 247
-
pensions
6 994
-
17 185
-
other
1 469
-
5 711
-
health
2 981
-
13 582
-
unemployment
1 724
-
5 843
-
social contributions
128
-
432
-
total
13 296
-
42 753
-
Corporate
131 128
187 000
-
-
surtax
-
-
-
-
income
36 716
52 360
-
-
total
36 716
52 360
-
-
Dividends
94 412
134 640
-
-
surtax
-
-
-
-
social contributions
16 239
23 158
-
-
withholding
12 084
17 234
-
-
total
28 323
40 392
-
-
Income
187 000
187 000
187 000
187 000
Total tax
86 876
92 752
85 578
81 810
After tax
100 124
94 248
101 422
105 190
Living cost
34 035
34 035
34 035
34 035
Free-cash
66 089
60 213
67 387
71 155

Estimated living cost  is ₽34035 per week

₽21461
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2768
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9230
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74527
₽70759
₽69113
₽63585
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
187 000
other
-
-
-
5 797
social contributions
-
-
-
5 329
health
-
-
-
8 274
income
-
-
-
30 187
surtax
-
-
-
-
pensions
-
-
-
32 223
total
-
-
-
81 810
Employee
38 005
-
144 247
-
income
1 960
-
28 483
-
pensions
4 299
-
10 232
-
social contributions
1 084
-
4 110
-
surtax
-
-
-
-
total
7 343
-
42 825
-
Employer
38 005
-
144 247
-
pensions
6 245
-
17 185
-
other
1 312
-
5 711
-
health
2 660
-
13 582
-
unemployment
1 539
-
5 843
-
social contributions
113
-
432
-
total
11 869
-
42 753
-
Corporate
137 126
187 000
-
-
surtax
-
-
-
-
income
38 396
52 360
-
-
total
38 396
52 360
-
-
Dividends
98 730
134 640
-
-
surtax
-
-
-
-
social contributions
16 979
23 158
-
-
withholding
12 637
17 234
-
-
total
29 616
40 392
-
-
Income
187 000
187 000
187 000
187 000
Total tax
87 224
92 752
85 578
81 810
After tax
99 776
94 248
101 422
105 190
Living cost
30 663
30 663
30 663
30 663
Free-cash
69 113
63 585
70 759
74 527

Estimated living cost  is ₽30663 per week

₽17783
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3115
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽581
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9184
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98999
₽94797
₽93508
₽92994
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
187 000
social contributions
-
-
-
25 806
health
-
-
-
13 052
income
-
-
-
28 049
total
-
-
-
66 907
Employee
33 729
-
187 000
-
income
5 626
-
32 251
-
social contributions
4 655
-
25 806
-
health
2 354
-
13 052
-
total
12 635
-
71 109
-
Employer
33 729
-
187 000
-
total
-
-
-
-
Corporate
153 271
187 000
-
-
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%.

7 663
9 350
-
-
total
7 663
9 350
-
-
Dividends
145 608
177 650
-
-
social contributions
20 094
24 515
-
-
health
10 164
12 399
-
-
withholding
21 842
26 648
-
-
total
52 100
63 562
-
-
Income
187 000
187 000
187 000
187 000
Total tax
72 398
72 912
71 109
66 907
After tax
114 602
114 088
115 891
120 093
Living cost
21 094
21 094
21 094
21 094
Free-cash
93 508
92 994
94 797
98 999

Estimated living cost  is ₽21094 per week

₽14117
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1301
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5190
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60957
₽14359
₽66765
₽68304
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
187 000
chamber of commerce
-
-
-
748
unemployment
-
-
-
6 101
health
-
-
-
8 890
income
-
-
-
53 555
surtax
-
-
-
196
pensions
-
-
-
21 500
total
-
-
-
90 990
Employee
49 715
39 644
150 830
-
income
5 660
2 924
43 607
-
pensions
5 091
4 059
11 901
-
unemployment
1 491
1 189
3 487
-
health
1 924
1 535
4 497
-
other
496
396
1 163
-
total
14 662
10 103
64 655
-
Employer
49 715
39 644
150 830
-
pensions
6 239
4 976
14 585
-
other
2 362
1 882
6 870
-
accident
646
515
1 510
-
health
1 878
1 499
4 393
-
payroll
1 491
1 189
4 525
-
chamber of commerce
198
159
604
-
unemployment
1 491
1 189
3 487
-
surtax
196
196
196
-
total
14 501
11 605
36 170
-
Corporate
122 782
135 750
147 054
-
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.

30 696
33 937
36 763
-
total
30 696
33 937
36 763
-
Dividends
92 087
101 812
-
-
withholding
25 323
27 998
-
-
total
25 323
27 998
-
-
Income
187 000
187 000
187 000
187 000
Total tax
85 182
83 643
137 588
90 990
After tax
101 818
103 357
49 412
96 010
Living cost
35 053
35 053
35 053
35 053
Free-cash
66 765
68 304
14 359
60 957

Estimated living cost  is ₽35053 per week

₽23379
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2990
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽576
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8108
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44876
₽28911
₽53368
₽68287
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
187 000
social contributions
-
-
-
24 802
communal

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

-
-
-
9 732
national
-
-
-
71 318
total
-
-
-
105 852
Employee

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

71 158
-
144 839
-
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.

5 337
-
10 862
-
national
21 877
-
53 174
-
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.

619
-
1 259
-
communal

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

3 711
-
7 555
-
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.

3 343
-
6 807
-
total
34 887
-
79 657
-
Employer

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

71 158
-
144 839
-
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.

6 305
-
12 833
-
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.

925
-
1 882
-
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.

4 376
-
8 907
-
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.

1 038
-
2 114
-
surtax
8 069
-
16 424
-
total
20 713
-
42 160
-
Corporate
95 129
187 000
-
-
surtax
381
748
-
-
income
19 025
37 399
-
-
total
19 406
38 147
-
-
Dividends
75 722
148 853
-
-
withholding

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

22 354
44 294
-
-
total
22 354
44 294
-
-
Income
187 000
187 000
187 000
187 000
Total tax
97 360
82 441
121 817
105 852
After tax
89 640
104 559
65 183
81 148
Living cost
36 272
36 272
36 272
36 272
Free-cash
53 368
68 287
28 911
44 876

Estimated living cost  is ₽36272 per week

₽23364
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3172
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽568
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9169
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68884
₽64710
₽81763
₽88580
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
187 000
other
-
-
-
93
unemployment
-
-
-
646
accident
-
-
-
831
income
-
-
-
54 527
pensions
-
-
-
26 093
total
-
-
-
82 190
Employee
49 518
-
157 605
-
income
10 448
-
51 112
-
pensions
2 328
-
4 334
-
unemployment
768
-
1 429
-
other
49
-
93
-
total
13 593
-
56 968
-
Employer
49 518
-
157 605
-
pensions
11 686
-
21 761
-
other
395
-
738
-
accident
980
-
1 826
-
unemployment
2 724
-
5 071
-
total
15 785
-
29 396
-
Corporate
121 698
187 000
-
-
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.

18 255
28 049
-
-
total
18 255
28 049
-
-
Dividends
103 442
158 951
-
-
withholding
21 678
34 445
-
-
total
21 678
34 445
-
-
Income
187 000
187 000
187 000
187 000
Total tax
69 311
62 494
86 364
82 190
After tax
117 689
124 506
100 636
104 810
Living cost
35 926
35 926
35 926
35 926
Free-cash
81 763
88 580
64 710
68 884

Estimated living cost  is ₽35926 per week

₽26456
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2549
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6403
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37077
₽44527
₽41382
₽54493
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
187 000
accident
-
-
-
1 576
health
-
-
-
13 139
income
-
-
-
32 030
communal
-
-
-
11 818
surtax
-
-
-
9 271
pensions
-
-
-
28 028
total
-
-
-
95 862
Employee
75 335
-
167 038
-
income
7 277
-
37 414
-
pensions
6 026
-
13 364
-
health
3 353
-
7 434
-
surtax
4 618
-
10 238
-
total
21 274
-
68 450
-
Employer
75 335
-
167 038
-
pensions
6 026
-
13 364
-
accident
678
-
1 503
-
health
2 297
-
5 095
-
total
9 001
-
19 962
-
Corporate
102 664
187 000
-
-
communal
6 930
12 622
-
-
surtax
1 078
1 963
-
-
income
15 399
28 049
-
-
total
23 407
42 634
-
-
Dividends
79 257
144 366
-
-
withholding
11 889
21 655
-
-
income
25 986
14 157
-
-
total
37 875
35 812
-
-
Income
187 000
187 000
187 000
187 000
Total tax
91 557
78 446
88 412
95 862
After tax
95 443
108 554
98 588
91 138
Living cost
54 061
54 061
54 061
54 061
Free-cash
41 382
54 493
44 527
37 077

Estimated living cost  is ₽54061 per week

₽40554
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3275
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽572
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9658
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65990
₽59909
₽92116
₽95279
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
187 000
other
-
-
-
-
unemployment
-
-
-
227
health
-
-
-
9 426
income
-
-
-
53 888
surtax
-
-
-
8 571
pensions
-
-
-
26 554
total
-
-
-
98 666
Employee
33 501
-
159 053
-
income
5 616
-
47 937
-
pensions
2 235
-
8 856
-
unemployment
2 331
-
9 241
-
health
855
-
3 385
-
other
-
-
-
-
surtax
119
-
7 381
-
total
11 156
-
76 800
-
Employer
33 501
-
159 053
-
pensions
4 467
-
17 698
-
other
-
-
-
-
health
1 523
-
6 041
-
unemployment
1 063
-
4 208
-
total
7 053
-
27 947
-
Corporate
146 446
187 000
-
-
income
38 075
48 621
-
-
total
38 075
48 621
-
-
Dividends
108 371
138 379
-
-
withholding
16 256
20 756
-
-
total
16 256
20 756
-
-
Income
187 000
187 000
187 000
187 000
Total tax
72 540
69 377
104 747
98 666
After tax
114 460
117 623
82 253
88 334
Living cost
22 344
22 344
22 344
22 344
Free-cash
92 116
95 279
59 909
65 990

Estimated living cost  is ₽22344 per week

₽13490
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1943
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽519
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6394
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61286
₽52884
₽69286
₽71493
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
187 000
social contributions
-
-
-
48 096
municipal
-
-
-
1 112
national
-
-
-
46 889
regional
-
-
-
2 819
total
-
-
-
98 916
Employee
55 183
-
187 000
-
national
8 742
-
40 754
-
social contributions
18 608
-
63 057
-
municipal
293
-
991
-
regional
743
-
2 516
-
total
28 386
-
107 318
-
Employer
55 183
-
187 000
-
total
-
-
-
-
Corporate
131 817
187 000
-
-
nationa
31 636
44 881
-
-
municipal
6 551
9 294
-
-
total
38 187
54 175
-
-
Dividends
93 631
132 825
-
-
withholding
24 343
34 534
-
-
total
24 343
34 534
-
-
Income
187 000
187 000
187 000
187 000
Total tax
90 916
88 709
107 318
98 916
After tax
96 084
98 291
79 682
88 084
Living cost
26 798
26 798
26 798
26 798
Free-cash
69 286
71 493
52 884
61 286

Estimated living cost  is ₽26798 per week

₽16666
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2715
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽459
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6958
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77847
₽69982
₽88550
₽99120
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
187 000
social contributions
-
-
-
34 599
health
-
-
-
25 245
income
-
-
-
19 073
solidarity contribution
-
-
-
607
total
-
-
-
79 524
Employee
43 572
-
144 383
-
income
5 229
-
17 578
-
solidarity contribution
-
-
-
-
social contributions
2 832
-
7 702
-
health
5 882
-
19 492
-
total
13 943
-
44 772
-
Employer
43 572
-
144 383
-
health
3 921
-
12 994
-
social contributions
10 893
-
29 623
-
total
14 814
-
42 617
-
Corporate
128 613
187 000
-
-
income
24 437
35 530
-
-
total
24 437
35 530
-
-
Dividends
104 177
151 470
-
-
withholding
15 627
22 721
-
-
total
15 627
22 721
-
-
Income
187 000
187 000
187 000
187 000
Total tax
68 821
58 251
87 389
79 524
After tax
118 179
128 749
99 611
107 476
Living cost
29 629
29 629
29 629
29 629
Free-cash
88 550
99 120
69 982
77 847

Estimated living cost  is ₽29629 per week

₽22034
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1641
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5441
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64468
₽17725
₽71234
₽71724
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
187 000
chamber of commerce
-
-
-
748
unemployment
-
-
-
6 101
health
-
-
-
8 890
income
-
-
-
53 555
surtax
-
-
-
-
pensions
-
-
-
21 500
total
-
-
-
90 794
Employee
43 485
39 644
151 013
-
income
3 874
2 924
43 693
-
pensions
4 453
4 059
11 901
-
unemployment
1 304
1 189
3 487
-
health
1 682
1 535
4 497
-
other
434
396
1 163
-
total
11 747
10 103
64 741
-
Employer
43 485
39 644
151 013
-
pensions
5 458
4 976
14 585
-
other
2 065
1 882
6 877
-
accident
564
515
1 510
-
health
1 644
1 499
4 393
-
payroll
1 304
1 189
4 531
-
chamber of commerce
174
159
604
-
unemployment
1 304
1 189
3 487
-
surtax
-
-
-
-
total
12 513
11 409
35 987
-
Corporate
131 000
135 946
147 237
-
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.

32 750
33 986
36 809
-
total
32 750
33 986
36 809
-
Dividends
98 251
101 960
-
-
withholding
27 018
28 040
-
-
total
27 018
28 040
-
-
Income
187 000
187 000
187 000
187 000
Total tax
84 028
83 538
137 537
90 794
After tax
102 972
103 462
49 463
96 206
Living cost
31 738
31 738
31 738
31 738
Free-cash
71 234
71 724
17 725
64 468

Estimated living cost  is ₽31738 per week

₽19039
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3241
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽566
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8892
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽171168
₽135638
₽161070
₽163688
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
187 000
microenterprise

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

-
-
-
1 870
total
-
-
-
1 870
Employee
17 453
-
187 000
-
income
3 491
-
37 400
-
total
3 491
-
37 400
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

169 547
187 000
-
-
total
-
-
-
-
Dividends
169 547
187 000
-
-
withholding
8 477
9 350
-
-
total
8 477
9 350
-
-
Income
187 000
187 000
187 000
187 000
Total tax
11 968
9 350
37 400
1 870
After tax
175 032
177 650
149 600
185 130
Living cost
13 962
13 962
13 962
13 962
Free-cash
161 070
163 688
135 638
171 168

Estimated living cost  is ₽13962 per week

₽9448
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽586
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3459
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64017
₽59098
₽93746
₽102066
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
187 000
unemployment
-
-
-
281
health
-
-
-
18 402
income
-
-
-
43 466
pensions
-
-
-
34 151
total
-
-
-
96 300
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.

43 990
-
161 807
-
income
7 586
-
40 266
-
pensions
6 819
-
25 080
-
unemployment
62
-
227
-
health
2 841
-
10 453
-
total
17 308
-
76 026
-
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.

43 990
-
161 807
-
pensions
3 893
-
14 319
-
health
2 930
-
10 778
-
unemployment
26
-
96
-
total
6 849
-
25 193
-
Corporate
136 161
187 000
-
-
income
25 871
35 531
-
-
total
25 871
35 531
-
-
Dividends
110 290
151 469
-
-
withholding
16 543
22 720
-
-
total
16 543
22 720
-
-
Income
187 000
187 000
187 000
187 000
Total tax
66 571
58 251
101 219
96 300
After tax
120 429
128 749
85 781
90 700
Living cost
26 683
26 683
26 683
26 683
Free-cash
93 746
102 066
59 098
64 017

Estimated living cost  is ₽26683 per week

₽18312
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1710
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6145
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86089
₽130703
₽23067
₽70628
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
187 000
social contributions
-
-
-
21 318
income
-
-
-
36 450
total
-
-
-
57 768
Employee
61 862
-
-
-
income
13 645
-
-
-
social contributions
5 073
-
723
-
total
18 718
-
723
-
Employer
61 862
-
-
-
social contributions
87 225
-
12 431
-
total
87 225
-
12 431
-
Corporate
37 914
187 000
-
-
income
8 341
41 140
-
-
total
8 341
41 140
-
-
Dividends
29 573
145 860
-
-
income
6 506
32 089
-
-
total
6 506
32 089
-
-
Income
187 000
187 000
187 000
187 000
Total tax
120 790
73 229
13 154
57 768
After tax
66 210
113 771
173 846
129 232
Living cost
43 143
43 143
43 143
43 143
Free-cash
23 067
70 628
130 703
86 089

Estimated living cost  is ₽43143 per week

₽27993
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4058
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10543
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68189
₽54010
₽74159
₽75162
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
187 000
social contributions

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

-
-
-
64 982
income
-
-
-
22 625
surtax
-
-
-
-
total
-
-
-
87 607
Employee
45 753
-
151 111
-
income
9 517
-
49 275
-
social contributions
5 033
-
16 622
-
surtax
-
-
-
-
total
14 550
-
65 897
-
Employer
45 753
-
151 111
-
social contributions
10 866
-
35 889
-
total
10 866
-
35 889
-
Corporate
130 381
187 000
-
-
surtax
-
-
-
-
income
27 381
39 270
-
-
total
27 381
39 270
-
-
Dividends
103 000
147 730
-
-
withholding
28 840
41 364
-
-
total
28 840
41 364
-
-
Income
187 000
187 000
187 000
187 000
Total tax
81 637
80 634
101 786
87 607
After tax
105 363
106 366
85 214
99 393
Living cost
31 204
31 204
31 204
31 204
Free-cash
74 159
75 162
54 010
68 189

Estimated living cost  is ₽31204 per week

₽23347
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1841
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽521
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5495
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57143
₽53375
₽53039
₽46201
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
187 000
other
-
-
-
5 797
social contributions
-
-
-
5 329
health
-
-
-
8 274
income
-
-
-
30 187
surtax
-
-
-
-
pensions
-
-
-
32 223
total
-
-
-
81 810
Employee
62 306
-
144 247
-
income
5 436
-
28 483
-
pensions
7 047
-
10 232
-
social contributions
1 775
-
4 110
-
surtax
-
-
-
-
total
14 258
-
42 825
-
Employer
62 306
-
144 247
-
pensions
10 238
-
17 185
-
other
2 150
-
5 711
-
health
4 361
-
13 582
-
unemployment
2 524
-
5 843
-
social contributions
187
-
432
-
total
19 460
-
42 753
-
Corporate
105 234
187 000
-
-
surtax
-
-
-
-
income
29 465
52 360
-
-
total
29 465
52 360
-
-
Dividends
75 770
134 640
-
-
surtax
-
-
-
-
social contributions
13 033
23 158
-
-
withholding
9 698
17 234
-
-
total
22 731
40 392
-
-
Income
187 000
187 000
187 000
187 000
Total tax
85 914
92 752
85 578
81 810
After tax
101 086
94 248
101 422
105 190
Living cost
48 047
48 047
48 047
48 047
Free-cash
53 039
46 201
53 375
57 143

Estimated living cost  is ₽48047 per week

₽32518
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3930
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽659
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10940
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽107412
₽112380
₽135056
₽138396
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
187 000
social contributions
-
-
-
41 141
income
-
-
-
8 544
total
-
-
-
49 685
Employee
31 982
-
161 905
-
social contributions
2 078
-
10 525
-
income
-
-
9 097
-
total
2 078
-
19 622
-
Employer
31 982
-
161 905
-
social contributions
4 957
-
25 095
-
total
4 957
-
25 095
-
Corporate
150 061
187 000
-
-
income
15 006
18 701
-
-
total
15 006
18 701
-
-
Dividends
135 055
168 299
-
-
total
-
-
-
-
Income
187 000
187 000
187 000
187 000
Total tax
22 041
18 701
44 717
49 685
After tax
164 959
168 299
142 283
137 315
Living cost
29 903
29 903
29 903
29 903
Free-cash
135 056
138 396
112 380
107 412

Estimated living cost  is ₽29903 per week

₽19335
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2254
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽563
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7751
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61686
-₽29813
-₽29813
-₽29813
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
187 000
municipal
-
-
-
39 301
national
-
-
-
22 334
labour market
-
-
-
14 891
pensions
-
-
-
863
total
-
-
-
77 389
Employee
202 279
202 279
202 279
-
labour market
16 159
16 159
16 159
-
pensions
288
288
288
-
national
24 712
24 712
24 712
-
municipal
43 074
43 074
43 074
-
total
84 233
84 233
84 233
-
Employer
202 279
202 279
202 279
-
pensions
575
575
575
-
municipal
43 143
43 143
43 143
-
national
24 755
24 755
24 755
-
labour market
16 182
16 182
16 182
-
total
84 655
84 655
84 655
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
187 000
187 000
187 000
187 000
Total tax
168 888
168 888
168 888
77 389
After tax
18 112
18 112
18 112
109 611
Living cost
47 925
47 925
47 925
47 925
Free-cash
-29 813
-29 813
-29 813
61 686

Estimated living cost  is ₽47925 per week

₽32800
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4239
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽737
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10148
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽106248
₽80451
₽11843
-₽6396
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
187 000
other
-
-
-
368
accident
-
-
-
251
health
-
-
-
2 168
income
-
-
-
52 287
pensions
-
-
-
4 135
total
-
-
-
59 209
Employee
33 889
-
169 084
-
income
4 649
-
40 147
-
pensions
3 816
-
7 583
-
health
3 881
-
19 360
-
total
12 346
-
67 090
-
Employer
33 889
-
169 084
-
pensions
5 510
-
10 950
-
accident
566
-
2 824
-
unemployment
830
-
4 142
-
total
6 906
-
17 916
-
Corporate
146 204
187 000
-
-
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.

131 584
168 300
-
-
total
131 584
168 300
-
-
Dividends
14 620
18 700
-
-
withholding
2 778
3 553
-
-
total
2 778
3 553
-
-
Income
187 000
187 000
187 000
187 000
Total tax
153 614
171 853
85 006
59 209
After tax
33 386
15 147
101 994
127 791
Living cost
21 543
21 543
21 543
21 543
Free-cash
11 843
-6 396
80 451
106 248

Estimated living cost  is ₽21543 per week

₽15681
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1228
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽404
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4230
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80710
₽59157
₽81036
₽78255
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
187 000
municipal
-
-
-
33 216
health
-
-
-
2 465
national
-
-
-
32 416
total
-
-
-
68 097
Employee
52 338
-
157 314
-
pensions
3 532
-
10 619
-
national
865
-
19 359
-
municipal
8 573
-
25 619
-
unemployment
785
-
2 360
-
health
391
-
2 007
-
total
14 146
-
59 964
-
Employer
52 338
-
157 314
-
pensions
9 080
-
27 294
-
accident
53
-
157
-
health
402
-
1 212
-
unemployment
340
-
1 023
-
total
9 875
-
29 686
-
Corporate
124 787
187 000
-
-
income
24 957
37 399
-
-
total
24 957
37 399
-
-
Dividends

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

74 872
112 200
-
-
municipal
13 477
20 196
-
-
national
5 316
12 957
-
-
total
18 793
33 153
-
-
Income
187 000
187 000
187 000
187 000
Total tax
67 771
70 552
89 650
68 097
After tax
119 229
116 448
97 350
118 903
Living cost
38 193
38 193
38 193
38 193
Free-cash
81 036
78 255
59 157
80 710

Estimated living cost  is ₽38193 per week

₽24947
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3674
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽608
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8965
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽104192
₽102581
₽107934
₽113347
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
187 000
social contributions
-
-
-
16 095
health
-
-
-
4 769
income
-
-
-
38 912
total
-
-
-
59 776
Employee
76 495
76 495
175 196
-
income
8 329
7 081
38 041
-
social contributions
2 892
6 349
8 563
-
health
593
1 301
2 979
-
total
11 814
14 731
49 583
-
Employer
76 495
76 495
175 196
-
health
644
1 416
3 241
-
social contributions
2 892
6 349
8 563
-
total
3 536
7 765
11 804
-
Corporate
148 618
102 740
-
-
income
18 578
12 843
-
-
total
18 578
12 843
-
-
Dividends
130 040
89 898
-
-
withholding
22 106
15 282
-
-
total
22 106
15 282
-
-
Income
187 000
187 000
187 000
187 000
Total tax
56 034
50 621
61 387
59 776
After tax
130 966
136 379
125 613
127 224
Living cost
23 032
23 032
23 032
23 032
Free-cash
107 934
113 347
102 581
104 192

Estimated living cost  is ₽23032 per week

₽13804
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2260
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽510
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6460
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽142126
₽122174
₽134002
₽139060
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
187 000
unemployment
-
-
-
28
health
-
-
-
3 600
income
-
-
-
19 124
pensions
-
-
-
6 328
total
-
-
-
29 080
Employee

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

22 834
-
177 278
-
income
1 561
-
16 656
-
pensions
3 424
-
14 159
-
unemployment
113
-
472
-
health
1 941
-
8 023
-
total
7 039
-
39 310
-
Employer

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

22 834
-
177 278
-
pensions
1 255
-
5 191
-
health
982
-
4 059
-
unemployment
113
-
472
-
total
2 350
-
9 722
-
Corporate
161 816
187 000
-
-
income
14 563
16 830
-
-
total
14 563
16 830
-
-
Dividends
147 253
170 170
-
-
withholding
13 252
15 316
-
-
total
13 252
15 316
-
-
Income
187 000
187 000
187 000
187 000
Total tax
37 204
32 146
49 032
29 080
After tax
149 796
154 854
137 968
157 920
Living cost
15 794
15 794
15 794
15 794
Free-cash
134 002
139 060
122 174
142 126

Estimated living cost  is ₽15794 per week

₽10077
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1138
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽470
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4108
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77454
₽73280
₽92756
₽97150
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
187 000
other
-
-
-
93
unemployment
-
-
-
646
accident
-
-
-
831
income
-
-
-
54 527
pensions
-
-
-
26 093
total
-
-
-
82 190
Employee
36 783
-
157 605
-
income
7 092
-
51 112
-
pensions
1 729
-
4 334
-
unemployment
570
-
1 429
-
other
36
-
93
-
total
9 427
-
56 968
-
Employer
36 783
-
157 605
-
pensions
8 680
-
21 761
-
other
294
-
738
-
accident
729
-
1 826
-
unemployment
2 024
-
5 071
-
total
11 727
-
29 396
-
Corporate
138 489
187 000
-
-
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.

20 773
28 049
-
-
total
20 773
28 049
-
-
Dividends
117 716
158 951
-
-
withholding
24 961
34 445
-
-
total
24 961
34 445
-
-
Income
187 000
187 000
187 000
187 000
Total tax
66 888
62 494
86 364
82 190
After tax
120 112
124 506
100 636
104 810
Living cost
27 356
27 356
27 356
27 356
Free-cash
92 756
97 150
73 280
77 454

Estimated living cost  is ₽27356 per week

₽18465
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2630
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5782
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽117235
₽117041
₽113522
₽113969
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
187 000
health
-
-
-
1 438
income
-
-
-
63 625
pensions
-
-
-
1 983
total
-
-
-
67 046
Employee
4 141
-
184 769
-
income
801
-
63 521
-
pensions
373
-
893
-
unemployment
41
-
99
-
health
207
-
496
-
total
1 422
-
65 009
-
Employer
4 141
-
184 769
-
pensions
456
-
1 091
-
health
393
-
942
-
unemployment
83
-
198
-
total
932
-
2 231
-
Corporate
181 927
187 000
-
-
income
40 024
41 140
-
-
total
40 024
41 140
-
-
Dividends
141 903
145 860
-
-
withholding
28 381
29 172
-
-
total
28 381
29 172
-
-
Income
187 000
187 000
187 000
187 000
Total tax
70 759
70 312
67 240
67 046
After tax
116 241
116 688
119 760
119 954
Living cost
2 719
2 719
2 719
2 719
Free-cash
113 522
113 969
117 041
117 235

Estimated living cost  is ₽2719 per week

₽1616
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽220
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽62
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽821
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99403
₽99404
₽113004
₽117900
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
187 000
unemployment
-
-
-
1 103
health
-
-
-
7 574
income
-
-
-
42 594
pensions
-
-
-
19 119
total
-
-
-
70 390
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.

25 947
-
173 838
-
income
3 577
-
42 594
-
pensions
3 633
-
10 295
-
unemployment
195
-
551
-
health
1 336
-
3 787
-
total
8 741
-
57 227
-
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.

25 947
-
173 838
-
pensions
3 114
-
8 824
-
health
1 336
-
3 787
-
unemployment
195
-
551
-
total
4 645
-
13 162
-
Corporate
156 408
187 000
-
-
income
23 461
28 050
-
-
total
23 461
28 050
-
-
Dividends
132 947
158 950
-
-
withholding
19 942
23 843
-
-
total
19 942
23 843
-
-
Income
187 000
187 000
187 000
187 000
Total tax
56 789
51 893
70 389
70 390
After tax
130 211
135 107
116 611
116 610
Living cost
17 207
17 207
17 207
17 207
Free-cash
113 004
117 900
99 404
99 403

Estimated living cost  is ₽17207 per week

₽11586
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1331
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽498
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3793
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72574
₽58395
₽79187
₽79547
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
187 000
social contributions

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

-
-
-
64 982
income
-
-
-
22 625
surtax
-
-
-
-
total
-
-
-
87 607
Employee
38 610
-
151 111
-
income
7 544
-
49 275
-
social contributions
4 248
-
16 622
-
surtax
-
-
-
-
total
11 792
-
65 897
-
Employer
38 610
-
151 111
-
social contributions
9 169
-
35 889
-
total
9 169
-
35 889
-
Corporate
139 221
187 000
-
-
surtax
-
-
-
-
income
29 237
39 270
-
-
total
29 237
39 270
-
-
Dividends
109 984
147 730
-
-
withholding
30 796
41 364
-
-
total
30 796
41 364
-
-
Income
187 000
187 000
187 000
187 000
Total tax
80 994
80 634
101 786
87 607
After tax
106 006
106 366
85 214
99 393
Living cost
26 819
26 819
26 819
26 819
Free-cash
79 187
79 547
58 395
72 574

Estimated living cost  is ₽26819 per week

₽18995
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1863
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽476
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5486
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69848
₽65674
₽83034
₽89544
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
187 000
other
-
-
-
93
unemployment
-
-
-
646
accident
-
-
-
831
income
-
-
-
54 527
pensions
-
-
-
26 093
total
-
-
-
82 190
Employee
48 044
-
157 605
-
income
10 035
-
51 112
-
pensions
2 258
-
4 334
-
unemployment
744
-
1 429
-
other
47
-
93
-
total
13 084
-
56 968
-
Employer
48 044
-
157 605
-
pensions
11 338
-
21 761
-
other
385
-
738
-
accident
951
-
1 826
-
unemployment
2 643
-
5 071
-
total
15 317
-
29 396
-
Corporate
123 638
187 000
-
-
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.

18 546
28 049
-
-
total
18 546
28 049
-
-
Dividends
105 092
158 951
-
-
withholding
22 057
34 445
-
-
total
22 057
34 445
-
-
Income
187 000
187 000
187 000
187 000
Total tax
69 004
62 494
86 364
82 190
After tax
117 996
124 506
100 636
104 810
Living cost
34 962
34 962
34 962
34 962
Free-cash
83 034
89 544
65 674
69 848

Estimated living cost  is ₽34962 per week

₽25108
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2718
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽493
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6643
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽132587
₽140049
₽136734
₽142790
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
187 000
unemployment
-
-
-
139
health
-
-
-
3 992
income
-
-
-
28 050
pensions

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

-
-
-
5 137
total
-
-
-
37 318
Employee
22 636
-
180 190
-
income
2 264
-
18 019
-
pensions

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

1 987
-
3 048
-
health
1 041
-
1 597
-
accident

We are using the highest rate at 1.1%.

249
-
382
-
total
5 541
-
23 046
-
Employer
22 636
-
180 190
-
pensions

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

2 494
-
3 825
-
accident

We are using the highest rate at 1.1%.

249
-
382
-
health
1 562
-
2 395
-
unemployment
136
-
208
-
total
4 441
-
6 810
-
Corporate
159 923
187 000
-
-
income
15 992
18 700
-
-
total
15 992
18 700
-
-
Dividends
143 930
168 300
-
-
withholding
7 197
8 415
-
-
total
7 197
8 415
-
-
Income
187 000
187 000
187 000
187 000
Total tax
33 171
27 115
29 856
37 318
After tax
153 829
159 885
157 144
149 682
Living cost
17 095
17 095
17 095
17 095
Free-cash
136 734
142 790
140 049
132 587

Estimated living cost  is ₽17095 per week

₽11306
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽979
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4403
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59240
₽79438
₽70826
₽57815
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
187 000
trade
-
-
-
20 198
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.

-
-
-
6 796
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.

-
-
-
59 109
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.

-
-
-
3 251
total
-
-
-
89 354
Employee

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

49 497
-
187 000
-
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.

225
-
3 251
-
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.

4 070
-
59 109
-
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.

6 796
-
6 796
-
total
11 091
-
69 156
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
137 503
187 000
-
-
trade
19 731
26 835
-
-
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
1 542
-
-
income
20 626
28 049
-
-
chamber of commerce
353
425
-
-
total
41 845
56 851
-
-
Dividends
95 657
130 149
-
-
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.

1 295
1 769
-
-
withholding
23 537
32 159
-
-
total
24 832
33 928
-
-
Income
187 000
187 000
187 000
187 000
Total tax
77 768
90 779
69 156
89 354
After tax
109 232
96 221
117 844
97 646
Living cost
38 406
38 406
38 406
38 406
Free-cash
70 826
57 815
79 438
59 240

Estimated living cost  is ₽38406 per week

₽26494
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4132
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽557
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7223
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40502
₽40502
₽76428
₽74232
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
187 000
social contributions
-
-
-
31 472
income
-
-
-
58 358
total
-
-
-
89 830
Employee
77 815
-
187 000
-
social contributions
6 465
-
31 472
-
income
14 683
-
58 358
-
total
21 148
-
89 830
-
Employer
77 815
-
187 000
-
total
-
-
-
-
Corporate
109 185
187 000
-
-
income
13 649
23 375
-
-
total
13 649
23 375
-
-
Dividends
95 536
163 625
-
-
withholding
19 107
32 725
-
-
total
19 107
32 725
-
-
Income
187 000
187 000
187 000
187 000
Total tax
53 904
56 100
89 830
89 830
After tax
133 096
130 900
97 170
97 170
Living cost
56 668
56 668
56 668
56 668
Free-cash
76 428
74 232
40 502
40 502

Estimated living cost  is ₽56668 per week

₽43112
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4618
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽542
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8397
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽115982
₽96131
₽83660
₽80183
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
187 000
health

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

-
-
-
6 590
income
-
-
-
28 317
total
-
-
-
34 907
Employee
45 635
-
182 424
-
social contributions
4 572
-
4 576
-
income
4 952
-
45 606
-
total
9 524
-
50 182
-
Employer
45 635
-
182 424
-
social contributions
4 572
-
4 576
-
total
4 572
-
4 576
-
Corporate
136 792
187 000
-
-
income
47 877
65 450
-
-
total
47 877
65 450
-
-
Dividends
88 916
121 550
-
-
social contributions
5 256
5 256
-
-
total
5 256
5 256
-
-
Income
187 000
187 000
187 000
187 000
Total tax
67 229
70 706
54 758
34 907
After tax
119 771
116 294
132 242
152 093
Living cost
36 111
36 111
36 111
36 111
Free-cash
83 660
80 183
96 131
115 982

Estimated living cost  is ₽36111 per week

₽23786
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2847
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8924
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86077
₽69214
₽90031
₽84118
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
187 000
income
-
-
-
54 624
pensions
-
-
-
9 207
total
-
-
-
63 831
Employee
50 914
-
163 253
-
income
9 272
-
43 381
-
pensions
3 886
-
11 243
-
health
664
-
2 323
-
total
13 822
-
56 947
-
Employer
50 914
-
163 253
-
pensions
5 144
-
20 646
-
health
968
-
3 101
-
total
6 112
-
23 747
-
Corporate
129 975
187 000
-
-
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.

24 695
35 530
-
-
total
24 695
35 530
-
-
Dividends
105 280
151 470
-
-
withholding
15 248
30 260
-
-
total
15 248
30 260
-
-
Income
187 000
187 000
187 000
187 000
Total tax
59 877
65 790
80 694
63 831
After tax
127 123
121 210
106 306
123 169
Living cost
37 092
37 092
37 092
37 092
Free-cash
90 031
84 118
69 214
86 077

Estimated living cost  is ₽37092 per week

₽25445
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3411
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽464
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7770
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽104115
₽78318
₽11515
-₽8529
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
187 000
other
-
-
-
368
accident
-
-
-
251
health
-
-
-
2 168
income
-
-
-
52 287
pensions
-
-
-
4 135
total
-
-
-
59 209
Employee
37 244
-
169 084
-
income
5 110
-
40 147
-
pensions
4 194
-
7 583
-
health
4 264
-
19 360
-
total
13 568
-
67 090
-
Employer
37 244
-
169 084
-
pensions
6 056
-
10 950
-
accident
622
-
2 824
-
unemployment
912
-
4 142
-
total
7 590
-
17 916
-
Corporate
142 166
187 000
-
-
income

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

127 950
168 300
-
-
total
127 950
168 300
-
-
Dividends
14 217
18 700
-
-
withholding
2 701
3 553
-
-
total
2 701
3 553
-
-
Income
187 000
187 000
187 000
187 000
Total tax
151 809
171 853
85 006
59 209
After tax
35 191
15 147
101 994
127 791
Living cost
23 676
23 676
23 676
23 676
Free-cash
11 515
-8 529
78 318
104 115

Estimated living cost  is ₽23676 per week

₽17376
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1380
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4444
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98882
₽120725
₽139295
₽129637
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
187 000
work injury
-
-
-
794
unemployment
-
-
-
1 906
income
-
-
-
31 014
health insurance
-
-
-
11 756
pensions
-
-
-
29 230
total
-
-
-
74 700
Employee

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

21 468
-
187 000
-
income
2 147
-
31 014
-
work injury
107
-
397
-
pensions
3 950
-
14 615
-
unemployment
258
-
953
-
health insurance
1 589
-
5 878
-
total
8 051
-
52 857
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
165 532
187 000
-
-
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%.

1 655
18 700
-
-
total
1 655
18 700
-
-
Dividends
163 876
168 300
-
-
withholding
24 581
25 245
-
-
total
24 581
25 245
-
-
Income
187 000
187 000
187 000
187 000
Total tax
34 287
43 945
52 857
74 700
After tax
152 713
143 055
134 143
112 300
Living cost
13 418
13 418
13 418
13 418
Free-cash
139 295
129 637
120 725
98 882

Estimated living cost  is ₽13418 per week

₽8312
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽975
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽419
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3712
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46839
₽38631
₽54346
₽58868
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
187 000
social contributions
-
-
-
48 096
municipal
-
-
-
1 250
national
-
-
-
46 889
regional
-
-
-
4 296
total
-
-
-
100 531
Employee
83 828
-
187 000
-
national
14 166
-
40 754
-
social contributions
28 266
-
63 057
-
municipal
500
-
1 116
-
regional
1 266
-
3 812
-
total
44 198
-
108 739
-
Employer
83 828
-
187 000
-
total
-
-
-
-
Corporate
103 172
187 000
-
-
nationa
24 761
44 881
-
-
municipal
4 972
9 014
-
-
total
29 733
53 895
-
-
Dividends
73 439
133 105
-
-
withholding
19 093
34 607
-
-
total
19 093
34 607
-
-
Income
187 000
187 000
187 000
187 000
Total tax
93 024
88 502
108 739
100 531
After tax
93 976
98 498
78 261
86 469
Living cost
39 630
39 630
39 630
39 630
Free-cash
54 346
58 868
38 631
46 839

Estimated living cost  is ₽39630 per week

₽27838
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2726
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽598
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8467
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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