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
₽ 188000
per

Your estimated
City
free-cash

Dresden , Germany
₽66376
₽66080
₽76563
₽89046
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
188 000
health

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

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

-
-
-
6 475
trade
-
-
-
22 670
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.

-
-
-
3 325
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.

-
-
-
60 448
total
-
-
-
92 918
Employee

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

36 249
-
188 000
-
health

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

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

6 475
-
6 475
-
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.

56
-
3 325
-
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.

1 013
-
60 448
-
total
7 544
-
70 248
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
151 751
188 000
-
-
trade
23 900
29 611
-
-
chamber of commerce
362
414
-
-
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.

1 252
1 550
-
-
income
22 762
28 201
-
-
total
48 276
59 776
-
-
Dividends
103 475
128 225
-
-
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.

1 403
1 743
-
-
withholding
25 508
31 695
-
-
total
26 911
33 438
-
-
Income
188 000
188 000
188 000
188 000
Total tax
82 731
93 214
70 248
92 918
After tax
105 269
94 786
117 752
95 082
Living cost
28 706
28 706
28 706
28 706
Free-cash
76 563
66 080
89 046
66 376

Estimated living cost  is ₽28706 per week

₽18057
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3347
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6766
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59420
₽67118
₽66283
₽60430
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
188 000
municipal
-
-
-
20 692
social contributions
-
-
-
2 021
national
-
-
-
33 113
pensions
-
-
-
22 560
total
-
-
-
78 386
Employee
77 810
-
162 524
-
pensions
3 112
-
6 501
-
national
14 893
-
34 707
-
municipal
9 611
-
21 419
-
total
27 616
-
62 627
-
Employer
77 810
-
162 524
-
pensions
6 225
-
13 002
-
social contributions
836
-
1 747
-
total
7 061
-
14 749
-
Corporate
97 993
188 000
-
-
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%.

19 599
37 600
-
-
total
19 599
37 600
-
-
Dividends
78 395
150 400
-
-
withholding
17 247
33 088
-
-
total
17 247
33 088
-
-
Income
188 000
188 000
188 000
188 000
Total tax
71 523
70 688
77 376
78 386
After tax
116 477
117 312
110 624
109 614
Living cost
50 194
50 194
50 194
50 194
Free-cash
66 283
67 118
60 430
59 420

Estimated living cost  is ₽50194 per week

₽34116
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
₽46968
₽130683
₽122907
₽60692
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
188 000
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.

-
-
-
36 312
income
-
-
-
37 064
microenterprise
-
-
-
-
surtax
-
-
-
47 939
total
-
-
-
121 315
Employee
27 693
-
144 855
-
surtax
-
-
21 005
-
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.

3 047
-
12 424
-
income
4 930
-
31 017
-
total
7 977
-
64 446
-
Employer
27 693
-
144 855
-
surtax
-
-
15 935
-
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.

6 671
-
27 210
-
total
6 671
-
43 145
-
Corporate
153 636
188 000
-
-
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%.

30 728
37 600
-
-
total
30 728
37 600
-
-
Dividends

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

122 908
150 400
-
-
total
-
-
-
-
Income
188 000
188 000
188 000
188 000
Total tax
45 376
37 600
107 591
121 315
After tax
142 624
150 400
80 409
66 685
Living cost
19 717
19 717
19 717
19 717
Free-cash
122 907
130 683
60 692
46 968

Estimated living cost  is ₽19717 per week

₽12579
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1878
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4813
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62624
₽53689
₽47884
₽80041
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
188 000
health
-
-
-
11 687
pensions
-
-
-
11 104
income
-
-
-
62 883
total
-
-
-
85 674
Employee
80 933
80 933
170 387
-
health
12 422
10 566
11 687
-
pensions
14 568
11 104
11 104
-
income

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

13 247
13 247
27 853
-
total
40 237
34 917
50 644
-
Employer
80 933
80 933
170 387
-
health
5 626
5 626
6 991
-
pensions
5 633
5 633
7 002
-
unemployment
2 914
2 914
3 620
-
total
14 173
14 173
17 613
-
Corporate
93 887
92 894
-
-
income
18 778
18 579
-
-
total
18 778
18 579
-
-
Dividends
75 109
74 316
-
-
income
15 960
15 793
-
-
withholding
11 266
11 147
-
-
total
27 226
26 940
-
-
Income
188 000
188 000
188 000
188 000
Total tax
100 414
94 609
68 257
85 674
After tax
87 586
93 391
119 743
102 326
Living cost
39 702
39 702
39 702
39 702
Free-cash
47 884
53 689
80 041
62 624

Estimated living cost  is ₽39702 per week

₽28136
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3579
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽631
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7356
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56065
₽62968
₽62078
₽55104
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
188 000
health
-
-
-
5 427
accident
-
-
-
174
other
-
-
-
10 105
municipal
-
-
-
48 549
pensions
-
-
-
9 401
national
-
-
-
18 512
unemployment
-
-
-
87
total
-
-
-
92 255
Employee
56 541
-
160 676
-
national
-
-
17 979
-
municipal
16 860
-
47 913
-
total
16 860
-
65 892
-
Employer
56 541
-
160 676
-
health
3 477
-
5 348
-
accident
113
-
174
-
pensions
6 112
-
9 401
-
other
6 570
-
10 105
-
unemployment
1 493
-
2 296
-
total
17 765
-
27 324
-
Corporate
113 694
188 000
-
-
income
25 013
41 360
-
-
total
25 013
41 360
-
-
Dividends
88 681
146 640
-
-
withholding
26 604
43 992
-
-
total
26 604
43 992
-
-
Income
188 000
188 000
188 000
188 000
Total tax
86 242
85 352
93 216
92 255
After tax
101 758
102 648
94 784
95 745
Living cost
39 680
39 680
39 680
39 680
Free-cash
62 078
62 968
55 104
56 065

Estimated living cost  is ₽39680 per week

₽26299
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3894
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽603
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8886
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56844
₽56588
₽69903
₽80521
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
188 000
health

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

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

-
-
-
6 475
trade
-
-
-
23 677
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.

-
-
-
3 325
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.

-
-
-
60 448
total
-
-
-
93 925
Employee

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

48 062
-
188 000
-
health

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

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

6 475
-
6 475
-
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.

227
-
3 325
-
income

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

4 129
-
60 448
-
total
10 831
-
70 248
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
139 938
188 000
-
-
trade
23 019
30 925
-
-
chamber of commerce
344
412
-
-
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.

1 155
1 550
-
-
income
20 990
28 201
-
-
total
45 508
61 088
-
-
Dividends
94 430
126 912
-
-
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.

1 279
1 725
-
-
withholding
23 248
31 368
-
-
total
24 527
33 093
-
-
Income
188 000
188 000
188 000
188 000
Total tax
80 866
94 181
70 248
93 925
After tax
107 134
93 819
117 752
94 075
Living cost
37 231
37 231
37 231
37 231
Free-cash
69 903
56 588
80 521
56 844

Estimated living cost  is ₽37231 per week

₽24900
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3926
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7849
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96702
₽106340
₽102409
₽95107
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
188 000
health
-
-
-
4 795
social contributions
-
-
-
15 334
income
-
-
-
40 429
total
-
-
-
60 558
Employee
72 877
72 877
176 576
-
health
725
1 239
3 002
-
social contributions
3 541
6 048
8 158
-
income
7 653
6 746
39 569
-
total
11 919
14 033
50 729
-
Employer
72 877
72 877
176 576
-
health
790
1 349
3 266
-
social contributions
3 541
6 048
8 158
-
total
4 331
7 397
11 424
-
Corporate
141 010
107 726
-
-
income
17 625
13 465
-
-
total
17 625
13 465
-
-
Dividends
123 385
94 261
-
-
withholding
20 976
16 025
-
-
total
20 976
16 025
-
-
Income
188 000
188 000
188 000
188 000
Total tax
54 851
50 920
62 153
60 558
After tax
133 149
137 080
125 847
127 442
Living cost
30 740
30 740
30 740
30 740
Free-cash
102 409
106 340
95 107
96 702

Estimated living cost  is ₽30740 per week

₽21014
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2401
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽516
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6809
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽112888
₽88217
₽88579
₽91635
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
188 000
health
-
-
-
13 160
pensions
-
-
-
18 800
unemployment
-
-
-
2 820
income
-
-
-
22 983
total
-
-
-
57 763
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.

25 043
9 967
157 322
-
health
1 753
698
11 013
-
pensions
2 504
997
15 732
-
unemployment
376
150
2 360
-
income
3 062
1 218
19 233
-
total
7 695
3 063
48 338
-
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.

25 043
9 967
157 322
-
pensions
4 883
1 944
30 678
-
total
4 883
1 944
30 678
-
Corporate
158 073
176 090
-
-
income
14 227
15 848
-
-
total
14 227
15 848
-
-
Dividends
143 847
160 241
-
-
social contributions
27 936
31 133
-
-
withholding
27 331
30 446
-
-
total
55 267
61 579
-
-
Income
188 000
188 000
188 000
188 000
Total tax
82 072
82 434
79 016
57 763
After tax
105 928
105 566
108 984
130 237
Living cost
17 349
17 349
17 349
17 349
Free-cash
88 579
88 217
91 635
112 888

Estimated living cost  is ₽17349 per week

₽11839
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1419
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽347
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3744
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77877
₽127509
₽121619
₽85469
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
188 000
health
-
-
-
24 440
pensions
-
-
-
37 600
income
-
-
-
25 192
total
-
-
-
87 232
Employee
26 886
-
140 508
-
pensions
538
-
2 809
-
unemployment
430
-
2 248
-
income
3 027
-
27 091
-
total
3 995
-
32 148
-
Employer
26 886
-
140 508
-
health
3 495
-
18 266
-
pensions
5 378
-
28 102
-
unemployment
216
-
1 124
-
total
9 089
-
47 492
-
Corporate
152 026
188 000
-
-
income
30 406
37 600
-
-
total
30 406
37 600
-
-
Dividends
121 620
150 400
-
-
total
-
-
-
-
Income
188 000
188 000
188 000
188 000
Total tax
43 490
37 600
79 640
87 232
After tax
144 510
150 400
108 360
100 768
Living cost
22 891
22 891
22 891
22 891
Free-cash
121 619
127 509
85 469
77 877

Estimated living cost  is ₽22891 per week

₽15701
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1363
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5367
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽107424
-₽5795
₽12004
₽81786
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
188 000
health
-
-
-
2 084
accident
-
-
-
241
other
-
-
-
354
pensions
-
-
-
3 976
income
-
-
-
52 898
total
-
-
-
59 553
Employee
33 070
-
170 449
-
health
3 787
-
19 516
-
pensions
3 724
-
7 291
-
income
4 537
-
40 833
-
total
12 048
-
67 640
-
Employer
33 070
-
170 449
-
accident
552
-
2 847
-
pensions
5 377
-
10 528
-
unemployment
810
-
4 176
-
total
6 739
-
17 551
-
Corporate
148 190
188 000
-
-
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.

133 371
169 200
-
-
total
133 371
169 200
-
-
Dividends
14 819
18 800
-
-
withholding
2 815
3 572
-
-
total
2 815
3 572
-
-
Income
188 000
188 000
188 000
188 000
Total tax
154 973
172 772
85 191
59 553
After tax
33 027
15 228
102 809
128 447
Living cost
21 023
21 023
21 023
21 023
Free-cash
12 004
-5 795
81 786
107 424

Estimated living cost  is ₽21023 per week

₽15408
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1165
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽439
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4012
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽178321
₽170801
₽169339
₽142601
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
188 000
microenterprise

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

-
-
-
1 880
total
-
-
-
1 880
Employee
9 748
-
188 000
-
income
1 949
-
37 600
-
total
1 949
-
37 600
-
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%.

178 252
188 000
-
-
total
-
-
-
-
Dividends
178 252
188 000
-
-
withholding
8 913
9 400
-
-
total
8 913
9 400
-
-
Income
188 000
188 000
188 000
188 000
Total tax
10 862
9 400
37 600
1 880
After tax
177 138
178 600
150 400
186 120
Living cost
7 799
7 799
7 799
7 799
Free-cash
169 339
170 801
142 601
178 321

Estimated living cost  is ₽7799 per week

₽4833
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽648
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽214
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2103
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83925
₽112871
₽106469
₽82315
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
188 000
health
-
-
-
6 342
other
-
-
-
6 845
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.

-
-
-
34 589
income
-
-
-
31 046
total
-
-
-
78 822
Employee
34 411
-
151 623
-
health
482
-
2 018
-
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.

2 408
-
10 088
-
unemployment
344
-
1 441
-
income
5 924
-
30 508
-
total
9 158
-
44 055
-
Employer
34 411
-
151 623
-
health
482
-
2 018
-
accident
275
-
1 212
-
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.

5 851
-
24 501
-
other
1 721
-
7 205
-
unemployment
344
-
1 441
-
total
8 673
-
36 377
-
Corporate
144 916
188 000
-
-
income
30 433
39 479
-
-
total
30 433
39 479
-
-
Dividends
114 483
148 521
-
-
withholding
8 014
10 397
-
-
total
8 014
10 397
-
-
Income
188 000
188 000
188 000
188 000
Total tax
56 278
49 876
80 432
78 822
After tax
131 722
138 124
107 568
109 178
Living cost
25 253
25 253
25 253
25 253
Free-cash
106 469
112 871
82 315
83 925

Estimated living cost  is ₽25253 per week

₽17843
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1705
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽406
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5298
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59822
₽57517
₽64640
₽42925
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
188 000
pensions
-
-
-
8 936
income
-
-
-
56 009
total
-
-
-
64 945
Employee
89 466
-
164 029
-
health
1 474
-
2 295
-
pensions
8 631
-
10 834
-
income
16 127
-
44 742
-
total
26 232
-
57 871
-
Employer
89 466
-
164 029
-
health
1 699
-
3 117
-
pensions
10 563
-
20 854
-
total
12 262
-
23 971
-
Corporate
86 272
188 000
-
-
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.

16 392
35 719
-
-
total
16 392
35 719
-
-
Dividends
69 880
152 281
-
-
withholding
5 241
31 531
-
-
total
5 241
31 531
-
-
Income
188 000
188 000
188 000
188 000
Total tax
60 127
67 250
81 842
64 945
After tax
127 873
120 750
106 158
123 055
Living cost
63 233
63 233
63 233
63 233
Free-cash
64 640
57 517
42 925
59 822

Estimated living cost  is ₽63233 per week

₽47382
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7430
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽514
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7908
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽138628
₽148368
₽143986
₽146235
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
188 000
health
-
-
-
3 790
pensions

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

-
-
-
4 878
unemployment
-
-
-
132
income
-
-
-
28 200
total
-
-
-
37 000
Employee
16 382
-
181 533
-
health
753
-
1 516
-
accident

We are using the highest rate at 1.1%.

180
-
363
-
pensions

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

1 438
-
2 894
-
income
1 638
-
18 153
-
total
4 009
-
22 926
-
Employer
16 382
-
181 533
-
health
1 131
-
2 274
-
accident

We are using the highest rate at 1.1%.

180
-
363
-
pensions

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

1 805
-
3 632
-
unemployment
98
-
198
-
total
3 214
-
6 467
-
Corporate
168 404
188 000
-
-
income
16 841
18 800
-
-
total
16 841
18 800
-
-
Dividends
151 563
169 200
-
-
withholding
7 578
8 460
-
-
total
7 578
8 460
-
-
Income
188 000
188 000
188 000
188 000
Total tax
31 642
27 260
29 393
37 000
After tax
156 358
160 740
158 607
151 000
Living cost
12 372
12 372
12 372
12 372
Free-cash
143 986
148 368
146 235
138 628

Estimated living cost  is ₽12372 per week

₽7223
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽884
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽328
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3938
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49772
₽40837
₽43220
₽67189
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
188 000
health
-
-
-
11 687
pensions
-
-
-
11 104
income
-
-
-
62 883
total
-
-
-
85 674
Employee
87 867
80 933
170 387
-
health
10 962
10 566
11 687
-
pensions
11 104
11 104
11 104
-
income

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

13 247
13 247
27 853
-
total
35 313
34 917
50 644
-
Employer
87 867
80 933
170 387
-
health
6 106
5 626
6 991
-
pensions
6 115
5 633
7 002
-
unemployment
3 164
2 914
3 620
-
total
15 385
14 173
17 613
-
Corporate
84 748
92 894
-
-
income
16 949
18 579
-
-
total
16 949
18 579
-
-
Dividends
67 799
74 316
-
-
income
14 408
15 793
-
-
withholding
10 171
11 147
-
-
total
24 579
26 940
-
-
Income
188 000
188 000
188 000
188 000
Total tax
92 226
94 609
68 257
85 674
After tax
95 774
93 391
119 743
102 326
Living cost
52 554
52 554
52 554
52 554
Free-cash
43 220
40 837
67 189
49 772

Estimated living cost  is ₽52554 per week

₽38767
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4694
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽603
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8491
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85200
₽106009
₽97650
₽77302
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
188 000
health
-
-
-
25 380
social contributions
-
-
-
33 714
solidarity contribution
-
-
-
941
income
-
-
-
19 336
total
-
-
-
79 371
Employee
34 455
-
145 996
-
health
4 651
-
19 709
-
solidarity contribution
-
-
233
-
social contributions
2 240
-
7 505
-
income
4 135
-
17 817
-
total
11 026
-
45 264
-
Employer
34 455
-
145 996
-
health
3 101
-
13 140
-
social contributions
8 614
-
28 865
-
total
11 715
-
42 005
-
Corporate
141 830
188 000
-
-
income
26 948
35 720
-
-
total
26 948
35 720
-
-
Dividends
114 883
152 280
-
-
withholding
17 232
22 842
-
-
total
17 232
22 842
-
-
Income
188 000
188 000
188 000
188 000
Total tax
66 921
58 562
87 269
79 371
After tax
121 079
129 438
100 731
108 629
Living cost
23 429
23 429
23 429
23 429
Free-cash
97 650
106 009
77 302
85 200

Estimated living cost  is ₽23429 per week

₽16274
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1667
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5028
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49034
₽60315
₽55365
₽40816
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
188 000
regional
-
-
-
2 258
municipal
-
-
-
1 124
social contributions
-
-
-
47 434
national
-
-
-
48 159
total
-
-
-
98 975
Employee
84 229
-
188 000
-
regional
795
-
2 002
-
national
14 595
-
41 997
-
social contributions
28 402
-
62 187
-
municipal
446
-
1 007
-
total
44 238
-
107 193
-
Employer
84 229
-
188 000
-
total
-
-
-
-
Corporate
103 771
188 000
-
-
nationa
24 906
45 119
-
-
municipal
4 047
7 333
-
-
total
28 953
52 452
-
-
Dividends
74 818
135 548
-
-
withholding
19 453
35 242
-
-
total
19 453
35 242
-
-
Income
188 000
188 000
188 000
188 000
Total tax
92 644
87 694
107 193
98 975
After tax
95 356
100 306
80 807
89 025
Living cost
39 991
39 991
39 991
39 991
Free-cash
55 365
60 315
40 816
49 034

Estimated living cost  is ₽39991 per week

₽27877
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2622
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽613
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8877
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67773
₽97339
₽94389
₽61980
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
188 000
health
-
-
-
8 980
other
-
-
-
-
pensions
-
-
-
25 298
unemployment
-
-
-
216
income
-
-
-
55 768
surtax
-
-
-
9 052
total
-
-
-
99 314
Employee
31 341
-
161 375
-
health
800
-
3 225
-
pensions
2 090
-
8 437
-
unemployment
2 182
-
8 804
-
surtax
103
-
7 917
-
income
5 253
-
50 099
-
other
-
-
-
-
total
10 428
-
78 482
-
Employer
31 341
-
161 375
-
health
1 426
-
5 755
-
pensions
4 178
-
16 861
-
other
-
-
-
-
unemployment
993
-
4 009
-
total
6 597
-
26 625
-
Corporate
150 062
188 000
-
-
income
39 015
48 880
-
-
total
39 015
48 880
-
-
Dividends
111 047
139 120
-
-
withholding
16 658
20 868
-
-
total
16 658
20 868
-
-
Income
188 000
188 000
188 000
188 000
Total tax
72 698
69 748
105 107
99 314
After tax
115 302
118 252
82 893
88 686
Living cost
20 913
20 913
20 913
20 913
Free-cash
94 389
97 339
61 980
67 773

Estimated living cost  is ₽20913 per week

₽12787
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1930
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽482
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5714
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Thessaloniki model

Close
Cambridge , United Kingdom
₽79855
₽77550
₽83795
₽62958
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
188 000
pensions
-
-
-
8 936
income
-
-
-
56 009
total
-
-
-
64 945
Employee
59 958
-
164 029
-
health
870
-
2 295
-
pensions
5 089
-
10 834
-
income
10 799
-
44 742
-
total
16 758
-
57 871
-
Employer
59 958
-
164 029
-
health
1 139
-
3 117
-
pensions
6 490
-
20 854
-
total
7 629
-
23 971
-
Corporate
120 413
188 000
-
-
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.

22 878
35 719
-
-
total
22 878
35 719
-
-
Dividends
97 535
152 281
-
-
withholding
13 740
31 531
-
-
total
13 740
31 531
-
-
Income
188 000
188 000
188 000
188 000
Total tax
61 005
67 250
81 842
64 945
After tax
126 995
120 750
106 158
123 055
Living cost
43 200
43 200
43 200
43 200
Free-cash
83 795
77 550
62 958
79 855

Estimated living cost  is ₽43200 per week

₽32365
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3238
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽452
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7144
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽74000
₽8634
₽41723
₽65534
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
188 000
health
-
-
-
423
city
-
-
-
1 982
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.

-
-
-
3 760
regional
-
-
-
9 615
pensions
-
-
-
17 296
national
-
-
-
3 590
total
-
-
-
36 666
Employee
90 501
-
168 279
-
health
205
-
379
-
regional
2 963
-
8 302
-
pensions
7 603
-
14 126
-
unemployment
-
-
-
-
national
428
-
2 648
-
city
971
-
1 807
-
total
12 170
-
27 262
-
Employer
90 501
-
168 279
-
health
205
-
379
-
pensions
7 603
-
14 126
-
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.

1 809
-
3 365
-
unemployment
-
-
-
-
total
9 617
-
17 870
-
Corporate
86 887
188 000
-
-
national
7 385
15 979
-
-
regional
18 377
39 762
-
-
total
25 762
55 741
-
-
Dividends
61 126
132 259
-
-
withholding
21 394
46 291
-
-
total
21 394
46 291
-
-
Income
188 000
188 000
188 000
188 000
Total tax
68 943
102 032
45 132
36 666
After tax
119 057
85 968
142 868
151 334
Living cost
77 334
77 334
77 334
77 334
Free-cash
41 723
8 634
65 534
74 000

Estimated living cost  is ₽77334 per week

₽50289
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6940
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽949
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19155
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽49651
₽49437
₽64803
₽74336
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
188 000
health

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

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

-
-
-
6 475
trade
-
-
-
24 685
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.

-
-
-
3 325
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.

-
-
-
60 448
total
-
-
-
94 933
Employee

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

56 957
-
188 000
-
health

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

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

6 475
-
6 475
-
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.

369
-
3 325
-
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.

6 698
-
60 448
-
total
13 542
-
70 248
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
131 043
188 000
-
-
trade
22 474
32 242
-
-
chamber of commerce
329
408
-
-
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.

1 081
1 550
-
-
income
19 656
28 201
-
-
total
43 540
62 401
-
-
Dividends
87 502
125 599
-
-
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.

1 183
1 707
-
-
withholding
21 516
31 039
-
-
total
22 699
32 746
-
-
Income
188 000
188 000
188 000
188 000
Total tax
79 781
95 147
70 248
94 933
After tax
108 219
92 853
117 752
93 067
Living cost
43 416
43 416
43 416
43 416
Free-cash
64 803
49 437
74 336
49 651

Estimated living cost  is ₽43416 per week

₽31710
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3473
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7671
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72634
₽62327
₽67925
₽68500
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
188 000
health
-
-
-
8 608
other
-
-
-
5 827
pensions
-
-
-
31 516
social contributions
-
-
-
5 358
income
-
-
-
31 632
surtax
-
-
-
-
total
-
-
-
82 941
Employee
40 562
-
144 501
-
pensions
4 586
-
10 462
-
surtax
-
-
-
-
social contributions
1 156
-
4 119
-
income
2 394
-
28 995
-
total
8 136
-
43 576
-
Employer
40 562
-
144 501
-
health
2 840
-
13 860
-
pensions
6 664
-
17 540
-
other
1 399
-
5 814
-
social contributions
122
-
433
-
unemployment
1 642
-
5 852
-
total
12 667
-
43 499
-
Corporate
134 771
188 000
-
-
surtax
-
-
-
-
income
37 736
52 641
-
-
total
37 736
52 641
-
-
Dividends
97 035
135 359
-
-
social contributions
16 690
23 282
-
-
surtax
-
-
-
-
withholding
12 421
17 325
-
-
total
29 111
40 607
-
-
Income
188 000
188 000
188 000
188 000
Total tax
87 650
93 248
87 075
82 941
After tax
100 350
94 752
100 925
105 059
Living cost
32 425
32 425
32 425
32 425
Free-cash
67 925
62 327
68 500
72 634

Estimated living cost  is ₽32425 per week

₽20446
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2637
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽552
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8793
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75846
₽65539
₽70806
₽71712
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
188 000
health
-
-
-
8 608
other
-
-
-
5 827
pensions
-
-
-
31 516
social contributions
-
-
-
5 358
income
-
-
-
31 632
surtax
-
-
-
-
total
-
-
-
82 941
Employee
36 207
-
144 501
-
pensions
4 095
-
10 462
-
surtax
-
-
-
-
social contributions
1 032
-
4 119
-
income
1 867
-
28 995
-
total
6 994
-
43 576
-
Employer
36 207
-
144 501
-
health
2 534
-
13 860
-
pensions
5 949
-
17 540
-
other
1 250
-
5 814
-
social contributions
108
-
433
-
unemployment
1 466
-
5 852
-
total
11 307
-
43 499
-
Corporate
140 486
188 000
-
-
surtax
-
-
-
-
income
39 335
52 641
-
-
total
39 335
52 641
-
-
Dividends
101 150
135 359
-
-
social contributions
17 397
23 282
-
-
surtax
-
-
-
-
withholding
12 948
17 325
-
-
total
30 345
40 607
-
-
Income
188 000
188 000
188 000
188 000
Total tax
87 981
93 248
87 075
82 941
After tax
100 019
94 752
100 925
105 059
Living cost
29 213
29 213
29 213
29 213
Free-cash
70 806
65 539
71 712
75 846

Estimated living cost  is ₽29213 per week

₽16942
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2968
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽554
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8750
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽100636
₽94598
₽95089
₽96142
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
188 000
health
-
-
-
13 122
social contributions
-
-
-
25 944
income
-
-
-
28 201
total
-
-
-
67 267
Employee
32 134
-
188 000
-
health
2 243
-
13 122
-
social contributions
4 435
-
25 944
-
income
5 360
-
32 695
-
total
12 038
-
71 761
-
Employer
32 134
-
188 000
-
total
-
-
-
-
Corporate
155 866
188 000
-
-
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%.

7 793
9 401
-
-
total
7 793
9 401
-
-
Dividends
148 073
178 599
-
-
social contributions
20 435
24 647
-
-
health
10 336
12 466
-
-
withholding
22 212
26 791
-
-
total
52 983
63 904
-
-
Income
188 000
188 000
188 000
188 000
Total tax
72 814
73 305
71 761
67 267
After tax
115 186
114 695
116 239
120 733
Living cost
20 097
20 097
20 097
20 097
Free-cash
95 089
94 598
96 142
100 636

Estimated living cost  is ₽20097 per week

₽13449
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1239
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4944
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63154
₽70424
₽68956
₽16158
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
188 000
health
-
-
-
8 469
pensions
-
-
-
20 483
unemployment
-
-
-
5 813
income
-
-
-
55 747
chamber of commerce
-
-
-
752
surtax
-
-
-
187
total
-
-
-
91 451
Employee
47 364
37 769
152 871
-
health
1 833
1 462
4 284
-
pensions
4 851
3 867
11 338
-
unemployment
1 421
1 133
3 322
-
income
5 392
2 786
45 948
-
other
473
378
1 108
-
total
13 970
9 626
66 000
-
Employer
47 364
37 769
152 871
-
payroll
1 421
1 133
4 586
-
health
1 790
1 428
4 185
-
surtax
187
187
187
-
accident
615
491
1 439
-
pensions
5 944
4 741
13 895
-
chamber of commerce
189
151
611
-
other
2 250
1 793
6 903
-
unemployment
1 421
1 133
3 322
-
total
13 817
11 057
35 128
-
Corporate
126 820
139 174
149 274
-
income

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

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

31 704
34 794
37 319
-
total
31 704
34 794
37 319
-
Dividends
95 116
104 380
-
-
withholding
26 158
28 704
-
-
total
26 158
28 704
-
-
Income
188 000
188 000
188 000
188 000
Total tax
85 649
84 181
138 447
91 451
After tax
102 351
103 819
49 553
96 549
Living cost
33 395
33 395
33 395
33 395
Free-cash
68 956
70 424
16 158
63 154

Estimated living cost  is ₽33395 per week

₽22273
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2849
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽549
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7725
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47085
₽70020
₽56329
₽30459
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
188 000
social contributions
-
-
-
23 629
national
-
-
-
72 867
communal

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

-
-
-
9 863
total
-
-
-
106 359
Employee

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

67 792
-
145 609
-
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.

3 185
-
6 843
-
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.

5 084
-
10 921
-
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.

590
-
1 266
-
national
20 842
-
53 972
-
communal

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

3 536
-
7 595
-
total
33 237
-
80 597
-
Employer

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

67 792
-
145 609
-
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.

4 169
-
8 957
-
surtax
7 687
-
16 510
-
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.

881
-
1 894
-
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.

6 007
-
12 901
-
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.

989
-
2 126
-
total
19 733
-
42 388
-
Corporate
100 474
188 000
-
-
surtax
401
766
-
-
income
20 095
38 334
-
-
total
20 496
39 100
-
-
Dividends
79 978
148 900
-
-
withholding

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

23 649
44 324
-
-
total
23 649
44 324
-
-
Income
188 000
188 000
188 000
188 000
Total tax
97 115
83 424
122 985
106 359
After tax
90 885
104 576
65 015
81 641
Living cost
34 556
34 556
34 556
34 556
Free-cash
56 329
70 020
30 459
47 085

Estimated living cost  is ₽34556 per week

₽22258
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3022
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽541
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8735
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71043
₽90832
₽84340
₽67067
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
188 000
accident
-
-
-
791
other
-
-
-
88
pensions
-
-
-
24 859
unemployment
-
-
-
615
income
-
-
-
56 377
total
-
-
-
82 730
Employee
47 176
-
159 995
-
pensions
2 218
-
4 129
-
unemployment
732
-
1 361
-
other
47
-
88
-
income
9 954
-
53 124
-
total
12 951
-
58 702
-
Employer
47 176
-
159 995
-
accident
933
-
1 739
-
pensions
11 133
-
20 731
-
other
376
-
703
-
unemployment
2 595
-
4 831
-
total
15 037
-
28 004
-
Corporate
125 786
188 000
-
-
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.

18 868
28 201
-
-
total
18 868
28 201
-
-
Dividends
106 918
159 799
-
-
withholding
22 577
34 740
-
-
total
22 577
34 740
-
-
Income
188 000
188 000
188 000
188 000
Total tax
69 433
62 941
86 706
82 730
After tax
118 567
125 059
101 294
105 270
Living cost
34 227
34 227
34 227
34 227
Free-cash
84 340
90 832
67 067
71 043

Estimated living cost  is ₽34227 per week

₽25204
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2428
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.
₽6101
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39088
₽56885
₽44138
₽46584
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
188 000
health
-
-
-
13 210
accident
-
-
-
1 584
pensions
-
-
-
28 179
communal
-
-
-
11 881
income
-
-
-
33 234
surtax
-
-
-
9 320
total
-
-
-
97 408
Employee
71 772
-
167 934
-
health
3 194
-
7 471
-
pensions
5 741
-
13 435
-
surtax
4 399
-
10 291
-
income
6 932
-
38 649
-
total
20 266
-
69 846
-
Employer
71 772
-
167 934
-
health
2 189
-
5 120
-
accident
646
-
1 511
-
pensions
5 741
-
13 435
-
total
8 576
-
20 066
-
Corporate
107 653
188 000
-
-
communal
7 266
12 690
-
-
surtax
1 129
1 975
-
-
income
16 147
28 201
-
-
total
24 542
42 866
-
-
Dividends
83 111
145 134
-
-
income
26 507
14 976
-
-
withholding
12 467
21 769
-
-
total
38 974
36 745
-
-
Income
188 000
188 000
188 000
188 000
Total tax
92 358
79 611
89 912
97 408
After tax
95 642
108 389
98 088
90 592
Living cost
51 504
51 504
51 504
51 504
Free-cash
44 138
56 885
46 584
39 088

Estimated living cost  is ₽51504 per week

₽38636
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3120
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9201
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67399
₽96965
₽93951
₽61606
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
188 000
health
-
-
-
8 980
other
-
-
-
-
pensions
-
-
-
25 298
unemployment
-
-
-
216
income
-
-
-
55 768
surtax
-
-
-
9 052
total
-
-
-
99 314
Employee
31 917
-
161 375
-
health
815
-
3 225
-
pensions
2 129
-
8 437
-
unemployment
2 221
-
8 804
-
surtax
113
-
7 917
-
income
5 351
-
50 099
-
other
-
-
-
-
total
10 629
-
78 482
-
Employer
31 917
-
161 375
-
health
1 451
-
5 755
-
pensions
4 255
-
16 861
-
other
-
-
-
-
unemployment
1 013
-
4 009
-
total
6 719
-
26 625
-
Corporate
149 364
188 000
-
-
income
38 835
48 880
-
-
total
38 835
48 880
-
-
Dividends
110 529
139 120
-
-
withholding
16 579
20 868
-
-
total
16 579
20 868
-
-
Income
188 000
188 000
188 000
188 000
Total tax
72 762
69 748
105 107
99 314
After tax
115 238
118 252
82 893
88 686
Living cost
21 287
21 287
21 287
21 287
Free-cash
93 951
96 965
61 606
67 399

Estimated living cost  is ₽21287 per week

₽12852
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1851
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6092
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62900
₽73288
₽71183
₽54724
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
188 000
regional
-
-
-
2 853
municipal
-
-
-
1 124
social contributions
-
-
-
47 434
national
-
-
-
48 159
total
-
-
-
99 570
Employee
52 573
-
188 000
-
regional
708
-
2 555
-
national
8 329
-
41 997
-
social contributions
17 728
-
62 187
-
municipal
279
-
1 007
-
total
27 044
-
107 746
-
Employer
52 573
-
188 000
-
total
-
-
-
-
Corporate
135 427
188 000
-
-
nationa
32 503
45 119
-
-
municipal
6 730
9 343
-
-
total
39 233
54 462
-
-
Dividends
96 195
133 537
-
-
withholding
25 010
34 720
-
-
total
25 010
34 720
-
-
Income
188 000
188 000
188 000
188 000
Total tax
91 287
89 182
107 746
99 570
After tax
96 713
98 818
80 254
88 430
Living cost
25 530
25 530
25 530
25 530
Free-cash
71 183
73 288
54 724
62 900

Estimated living cost  is ₽25530 per week

₽15877
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2586
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽437
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6629
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79758
₽100567
₽90268
₽71860
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
188 000
health
-
-
-
25 380
social contributions
-
-
-
33 714
solidarity contribution
-
-
-
941
income
-
-
-
19 336
total
-
-
-
79 371
Employee
42 458
-
145 996
-
health
5 732
-
19 709
-
solidarity contribution
-
-
233
-
social contributions
2 760
-
7 505
-
income
5 095
-
17 817
-
total
13 587
-
45 264
-
Employer
42 458
-
145 996
-
health
3 821
-
13 140
-
social contributions
10 614
-
28 865
-
total
14 435
-
42 005
-
Corporate
131 107
188 000
-
-
income
24 910
35 720
-
-
total
24 910
35 720
-
-
Dividends
106 196
152 280
-
-
withholding
15 929
22 842
-
-
total
15 929
22 842
-
-
Income
188 000
188 000
188 000
188 000
Total tax
68 861
58 562
87 269
79 371
After tax
119 139
129 438
100 731
108 629
Living cost
28 871
28 871
28 871
28 871
Free-cash
90 268
100 567
71 860
79 758

Estimated living cost  is ₽28871 per week

₽21470
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1599
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽499
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5302
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66500
₽73683
₽73213
₽19365
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
188 000
health
-
-
-
8 469
pensions
-
-
-
20 483
unemployment
-
-
-
5 813
income
-
-
-
55 747
chamber of commerce
-
-
-
752
surtax
-
-
-
-
total
-
-
-
91 264
Employee
41 428
37 769
153 046
-
health
1 602
1 462
4 284
-
pensions
4 243
3 867
11 338
-
unemployment
1 243
1 133
3 322
-
income
3 691
2 786
46 031
-
other
414
378
1 108
-
total
11 193
9 626
66 083
-
Employer
41 428
37 769
153 046
-
payroll
1 243
1 133
4 592
-
health
1 567
1 428
4 185
-
surtax
-
-
-
-
accident
538
491
1 439
-
pensions
5 200
4 741
13 895
-
chamber of commerce
165
151
611
-
other
1 968
1 793
6 910
-
unemployment
1 243
1 133
3 322
-
total
11 924
10 870
34 954
-
Corporate
134 649
139 361
149 449
-
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.

33 663
34 841
37 362
-
total
33 663
34 841
37 362
-
Dividends
100 986
104 520
-
-
withholding
27 771
28 744
-
-
total
27 771
28 744
-
-
Income
188 000
188 000
188 000
188 000
Total tax
84 551
84 081
138 399
91 264
After tax
103 449
103 919
49 601
96 736
Living cost
30 236
30 236
30 236
30 236
Free-cash
73 213
73 683
19 365
66 500

Estimated living cost  is ₽30236 per week

₽18138
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3088
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8471
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽173967
₽166447
₽164168
₽138247
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
188 000
microenterprise

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

-
-
-
1 880
total
-
-
-
1 880
Employee
15 192
-
188 000
-
income
3 039
-
37 600
-
total
3 039
-
37 600
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

172 808
188 000
-
-
total
-
-
-
-
Dividends
172 808
188 000
-
-
withholding
8 640
9 400
-
-
total
8 640
9 400
-
-
Income
188 000
188 000
188 000
188 000
Total tax
11 679
9 400
37 600
1 880
After tax
176 321
178 600
150 400
186 120
Living cost
12 153
12 153
12 153
12 153
Free-cash
164 168
166 447
138 247
173 967

Estimated living cost  is ₽12153 per week

₽8224
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽510
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.
₽3011
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64521
₽104018
₽96092
₽60351
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
188 000
health
-
-
-
18 500
pensions
-
-
-
34 334
unemployment
-
-
-
282
income
-
-
-
44 942
total
-
-
-
98 058
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.

41 909
-
162 673
-
health
2 707
-
10 509
-
pensions
6 496
-
25 215
-
unemployment
59
-
228
-
income
7 227
-
40 950
-
total
16 489
-
76 902
-
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.

41 909
-
162 673
-
health
2 791
-
10 832
-
pensions
3 709
-
14 397
-
unemployment
25
-
97
-
total
6 525
-
25 326
-
Corporate
139 566
188 000
-
-
income
26 517
35 720
-
-
total
26 517
35 720
-
-
Dividends
113 048
152 280
-
-
withholding
16 956
22 841
-
-
total
16 956
22 841
-
-
Income
188 000
188 000
188 000
188 000
Total tax
66 487
58 561
102 228
98 058
After tax
121 513
129 439
85 772
89 942
Living cost
25 421
25 421
25 421
25 421
Free-cash
96 092
104 018
60 351
64 521

Estimated living cost  is ₽25421 per week

₽17446
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1629
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.
₽5854
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86711
₽71167
₽23530
₽131613
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
188 000
social contributions
-
-
-
21 432
income
-
-
-
36 645
total
-
-
-
58 077
Employee
61 960
-
-
-
social contributions
5 081
-
724
-
income
13 667
-
-
-
total
18 748
-
724
-
Employer
61 960
-
-
-
social contributions
87 364
-
12 451
-
total
87 364
-
12 451
-
Corporate
38 676
188 000
-
-
income
8 509
41 360
-
-
total
8 509
41 360
-
-
Dividends
30 167
146 640
-
-
income
6 637
32 261
-
-
total
6 637
32 261
-
-
Income
188 000
188 000
188 000
188 000
Total tax
121 258
73 621
13 175
58 077
After tax
66 742
114 379
174 825
129 923
Living cost
43 212
43 212
43 212
43 212
Free-cash
23 530
71 167
131 613
86 711

Estimated living cost  is ₽43212 per week

₽28038
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4064
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10560
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69605
₽77208
₽76252
₽55351
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
188 000
social contributions

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

-
-
-
65 329
income
-
-
-
23 338
surtax
-
-
-
-
total
-
-
-
88 667
Employee
43 589
-
151 918
-
surtax
-
-
-
-
social contributions
4 795
-
16 712
-
income
9 067
-
50 129
-
total
13 862
-
66 841
-
Employer
43 589
-
151 918
-
social contributions
10 352
-
36 080
-
total
10 352
-
36 080
-
Corporate
134 059
188 000
-
-
surtax
-
-
-
-
income
28 152
39 479
-
-
total
28 152
39 479
-
-
Dividends
105 907
148 521
-
-
withholding
29 654
41 585
-
-
total
29 654
41 585
-
-
Income
188 000
188 000
188 000
188 000
Total tax
82 020
81 064
102 921
88 667
After tax
105 980
106 936
85 079
99 333
Living cost
29 728
29 728
29 728
29 728
Free-cash
76 252
77 208
55 351
69 605

Estimated living cost  is ₽29728 per week

₽22242
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1754
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5235
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59284
₽48977
₽55491
₽55150
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
188 000
health
-
-
-
8 608
other
-
-
-
5 827
pensions
-
-
-
31 516
social contributions
-
-
-
5 358
income
-
-
-
31 632
surtax
-
-
-
-
total
-
-
-
82 941
Employee
59 359
-
144 501
-
pensions
6 714
-
10 462
-
surtax
-
-
-
-
social contributions
1 691
-
4 119
-
income
5 179
-
28 995
-
total
13 584
-
43 576
-
Employer
59 359
-
144 501
-
health
4 155
-
13 860
-
pensions
9 753
-
17 540
-
other
2 049
-
5 814
-
social contributions
178
-
433
-
unemployment
2 405
-
5 852
-
total
18 540
-
43 499
-
Corporate
110 102
188 000
-
-
surtax
-
-
-
-
income
30 828
52 641
-
-
total
30 828
52 641
-
-
Dividends
79 274
135 359
-
-
social contributions
13 635
23 282
-
-
surtax
-
-
-
-
withholding
10 147
17 325
-
-
total
23 782
40 607
-
-
Income
188 000
188 000
188 000
188 000
Total tax
86 734
93 248
87 075
82 941
After tax
101 266
94 752
100 925
105 059
Living cost
45 775
45 775
45 775
45 775
Free-cash
55 491
48 977
55 150
59 284

Estimated living cost  is ₽45775 per week

₽30979
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3745
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽628
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10422
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽109243
₽140711
₽137528
₽114236
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
188 000
income
-
-
-
8 908
social contributions
-
-
-
41 360
total
-
-
-
50 268
Employee
30 469
-
162 770
-
social contributions
1 980
-
10 581
-
income
-
-
9 464
-
total
1 980
-
20 045
-
Employer
30 469
-
162 770
-
social contributions
4 723
-
25 230
-
total
4 723
-
25 230
-
Corporate
152 808
188 000
-
-
income
15 280
18 800
-
-
total
15 280
18 800
-
-
Dividends
137 528
169 200
-
-
total
-
-
-
-
Income
188 000
188 000
188 000
188 000
Total tax
21 983
18 800
45 275
50 268
After tax
166 017
169 200
142 725
137 732
Living cost
28 489
28 489
28 489
28 489
Free-cash
137 528
140 711
114 236
109 243

Estimated living cost  is ₽28489 per week

₽18420
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2147
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7385
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64071
-₽18191
-₽18191
-₽18191
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
188 000
municipal
-
-
-
39 794
labour market
-
-
-
14 974
national
-
-
-
22 764
pensions
-
-
-
820
total
-
-
-
78 352
Employee
192 370
192 370
192 370
-
pensions
273
273
273
-
labour market
15 368
15 368
15 368
-
national
23 501
23 501
23 501
-
municipal
40 964
40 964
40 964
-
total
80 106
80 106
80 106
-
Employer
192 370
192 370
192 370
-
municipal
41 029
41 029
41 029
-
labour market
15 390
15 390
15 390
-
national
23 542
23 542
23 542
-
pensions
547
547
547
-
total
80 508
80 508
80 508
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
188 000
188 000
188 000
188 000
Total tax
160 614
160 614
160 614
78 352
After tax
27 386
27 386
27 386
109 648
Living cost
45 577
45 577
45 577
45 577
Free-cash
-18 191
-18 191
-18 191
64 071

Estimated living cost  is ₽45577 per week

₽31193
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4032
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽701
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9651
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽107734
-₽5485
₽12051
₽82096
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
188 000
health
-
-
-
2 084
accident
-
-
-
241
other
-
-
-
354
pensions
-
-
-
3 976
income
-
-
-
52 898
total
-
-
-
59 553
Employee
32 583
-
170 449
-
health
3 731
-
19 516
-
pensions
3 669
-
7 291
-
income
4 470
-
40 833
-
total
11 870
-
67 640
-
Employer
32 583
-
170 449
-
accident
544
-
2 847
-
pensions
5 298
-
10 528
-
unemployment
798
-
4 176
-
total
6 640
-
17 551
-
Corporate
148 777
188 000
-
-
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.

133 899
169 200
-
-
total
133 899
169 200
-
-
Dividends
14 878
18 800
-
-
withholding
2 827
3 572
-
-
total
2 827
3 572
-
-
Income
188 000
188 000
188 000
188 000
Total tax
155 236
172 772
85 191
59 553
After tax
32 764
15 228
102 809
128 447
Living cost
20 713
20 713
20 713
20 713
Free-cash
12 051
-5 485
82 096
107 734

Estimated living cost  is ₽20713 per week

₽15077
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1181
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽389
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4067
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81814
₽80111
₽82998
₽60277
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
188 000
health
-
-
-
2 500
municipal
-
-
-
33 389
national
-
-
-
33 911
total
-
-
-
69 800
Employee
49 863
-
158 155
-
health
372
-
2 040
-
pensions
3 365
-
10 676
-
unemployment
748
-
2 372
-
national
824
-
20 651
-
municipal
8 167
-
25 753
-
total
13 476
-
61 492
-
Employer
49 863
-
158 155
-
health
383
-
1 218
-
accident
50
-
158
-
pensions
8 651
-
27 440
-
unemployment
324
-
1 029
-
total
9 408
-
29 845
-
Corporate
128 729
188 000
-
-
income
25 746
37 600
-
-
total
25 746
37 600
-
-
Dividends

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

77 238
112 800
-
-
national
6 083
13 600
-
-
municipal
13 903
20 303
-
-
total
19 986
33 903
-
-
Income
188 000
188 000
188 000
188 000
Total tax
68 616
71 503
91 337
69 800
After tax
119 384
116 497
96 663
118 200
Living cost
36 386
36 386
36 386
36 386
Free-cash
82 998
80 111
60 277
81 814

Estimated living cost  is ₽36386 per week

₽23767
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3500
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽579
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8541
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽105499
₽115137
₽109979
₽103904
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
188 000
health
-
-
-
4 795
social contributions
-
-
-
15 334
income
-
-
-
40 429
total
-
-
-
60 558
Employee
72 877
72 877
176 576
-
health
565
1 239
3 002
-
social contributions
2 755
6 048
8 158
-
income
7 935
6 746
39 569
-
total
11 255
14 033
50 729
-
Employer
72 877
72 877
176 576
-
health
613
1 349
3 266
-
social contributions
2 755
6 048
8 158
-
total
3 368
7 397
11 424
-
Corporate
151 433
107 726
-
-
income
18 929
13 465
-
-
total
18 929
13 465
-
-
Dividends
132 504
94 261
-
-
withholding
22 526
16 025
-
-
total
22 526
16 025
-
-
Income
188 000
188 000
188 000
188 000
Total tax
56 078
50 920
62 153
60 558
After tax
131 922
137 080
125 847
127 442
Living cost
21 943
21 943
21 943
21 943
Free-cash
109 979
115 137
103 904
105 499

Estimated living cost  is ₽21943 per week

₽13151
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2153
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6155
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽144165
₽140636
₽135816
₽125154
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
188 000
health
-
-
-
3 430
pensions
-
-
-
6 029
unemployment
-
-
-
27
income
-
-
-
19 302
total
-
-
-
28 788
Employee

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

21 754
-
178 738
-
health
1 849
-
7 644
-
pensions
3 263
-
13 489
-
unemployment
108
-
450
-
income
1 487
-
16 953
-
total
6 707
-
38 536
-
Employer

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

21 754
-
178 738
-
health
935
-
3 867
-
pensions
1 196
-
4 946
-
unemployment
108
-
450
-
total
2 239
-
9 263
-
Corporate
164 007
188 000
-
-
income
14 760
16 920
-
-
total
14 760
16 920
-
-
Dividends
149 247
171 080
-
-
withholding
13 431
15 397
-
-
total
13 431
15 397
-
-
Income
188 000
188 000
188 000
188 000
Total tax
37 137
32 317
47 799
28 788
After tax
150 863
155 683
140 201
159 212
Living cost
15 047
15 047
15 047
15 047
Free-cash
135 816
140 636
125 154
144 165

Estimated living cost  is ₽15047 per week

₽9600
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1085
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3914
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79208
₽98997
₽94814
₽75232
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
188 000
accident
-
-
-
791
other
-
-
-
88
pensions
-
-
-
24 859
unemployment
-
-
-
615
income
-
-
-
56 377
total
-
-
-
82 730
Employee
35 044
-
159 995
-
pensions
1 647
-
4 129
-
unemployment
543
-
1 361
-
other
34
-
88
-
income
6 756
-
53 124
-
total
8 980
-
58 702
-
Employer
35 044
-
159 995
-
accident
694
-
1 739
-
pensions
8 270
-
20 731
-
other
281
-
703
-
unemployment
1 928
-
4 831
-
total
11 173
-
28 004
-
Corporate
141 784
188 000
-
-
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.

21 267
28 201
-
-
total
21 267
28 201
-
-
Dividends
120 517
159 799
-
-
withholding
25 704
34 740
-
-
total
25 704
34 740
-
-
Income
188 000
188 000
188 000
188 000
Total tax
67 124
62 941
86 706
82 730
After tax
120 876
125 059
101 294
105 270
Living cost
26 062
26 062
26 062
26 062
Free-cash
94 814
98 997
75 232
79 208

Estimated living cost  is ₽26062 per week

₽17591
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2505
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5509
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽119384
₽115538
₽115246
₽119258
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
188 000
health
-
-
-
938
pensions
-
-
-
1 294
income
-
-
-
64 610
total
-
-
-
66 842
Employee
2 702
-
186 544
-
health
135
-
323
-
pensions
243
-
582
-
unemployment
27
-
65
-
income
523
-
64 542
-
total
928
-
65 512
-
Employer
2 702
-
186 544
-
health
257
-
615
-
pensions
297
-
712
-
unemployment
54
-
129
-
total
608
-
1 456
-
Corporate
184 690
188 000
-
-
income
40 632
41 360
-
-
total
40 632
41 360
-
-
Dividends
144 058
146 640
-
-
withholding
28 812
29 328
-
-
total
28 812
29 328
-
-
Income
188 000
188 000
188 000
188 000
Total tax
70 980
70 688
66 968
66 842
After tax
117 020
117 312
121 032
121 158
Living cost
1 774
1 774
1 774
1 774
Free-cash
115 246
115 538
119 258
119 384

Estimated living cost  is ₽1774 per week

₽1054
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽144
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽41
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽535
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽102166
₽119471
₽114818
₽102168
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
188 000
health
-
-
-
7 201
pensions
-
-
-
18 176
unemployment
-
-
-
1 049
income
-
-
-
43 049
total
-
-
-
69 475
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.

24 668
-
175 486
-
health
1 270
-
3 600
-
pensions
3 454
-
9 787
-
unemployment
185
-
524
-
income
3 400
-
43 049
-
total
8 309
-
56 960
-
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.

24 668
-
175 486
-
health
1 270
-
3 600
-
pensions
2 960
-
8 389
-
unemployment
185
-
524
-
total
4 415
-
12 513
-
Corporate
158 916
188 000
-
-
income
23 837
28 200
-
-
total
23 837
28 200
-
-
Dividends
135 079
159 800
-
-
withholding
20 262
23 970
-
-
total
20 262
23 970
-
-
Income
188 000
188 000
188 000
188 000
Total tax
56 823
52 170
69 473
69 475
After tax
131 177
135 830
118 527
118 525
Living cost
16 359
16 359
16 359
16 359
Free-cash
114 818
119 471
102 168
102 166

Estimated living cost  is ₽16359 per week

₽11014
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1265
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.
₽3606
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73783
₽81386
₽81044
₽59529
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
188 000
social contributions

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

-
-
-
65 329
income
-
-
-
23 338
surtax
-
-
-
-
total
-
-
-
88 667
Employee
36 784
-
151 918
-
surtax
-
-
-
-
social contributions
4 047
-
16 712
-
income
7 187
-
50 129
-
total
11 234
-
66 841
-
Employer
36 784
-
151 918
-
social contributions
8 735
-
36 080
-
total
8 735
-
36 080
-
Corporate
142 481
188 000
-
-
surtax
-
-
-
-
income
29 920
39 479
-
-
total
29 920
39 479
-
-
Dividends
112 561
148 521
-
-
withholding
31 517
41 585
-
-
total
31 517
41 585
-
-
Income
188 000
188 000
188 000
188 000
Total tax
81 406
81 064
102 921
88 667
After tax
106 594
106 936
85 079
99 333
Living cost
25 550
25 550
25 550
25 550
Free-cash
81 044
81 386
59 529
73 783

Estimated living cost  is ₽25550 per week

₽18097
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1775
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5226
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71962
₽91751
₽85551
₽67986
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
188 000
accident
-
-
-
791
other
-
-
-
88
pensions
-
-
-
24 859
unemployment
-
-
-
615
income
-
-
-
56 377
total
-
-
-
82 730
Employee
45 772
-
159 995
-
pensions
2 151
-
4 129
-
unemployment
709
-
1 361
-
other
45
-
88
-
income
9 560
-
53 124
-
total
12 465
-
58 702
-
Employer
45 772
-
159 995
-
accident
906
-
1 739
-
pensions
10 802
-
20 731
-
other
367
-
703
-
unemployment
2 518
-
4 831
-
total
14 593
-
28 004
-
Corporate
127 635
188 000
-
-
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.

19 145
28 201
-
-
total
19 145
28 201
-
-
Dividends
108 490
159 799
-
-
withholding
22 938
34 740
-
-
total
22 938
34 740
-
-
Income
188 000
188 000
188 000
188 000
Total tax
69 141
62 941
86 706
82 730
After tax
118 859
125 059
101 294
105 270
Living cost
33 308
33 308
33 308
33 308
Free-cash
85 551
91 751
67 986
71 962

Estimated living cost  is ₽33308 per week

₽23920
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2590
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6329
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽134768
₽144508
₽138757
₽142375
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
188 000
health
-
-
-
3 790
pensions

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

-
-
-
4 878
unemployment
-
-
-
132
income
-
-
-
28 200
total
-
-
-
37 000
Employee
21 494
-
181 533
-
health
989
-
1 516
-
accident

We are using the highest rate at 1.1%.

236
-
363
-
pensions

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

1 887
-
2 894
-
income
2 150
-
18 153
-
total
5 262
-
22 926
-
Employer
21 494
-
181 533
-
health
1 483
-
2 274
-
accident

We are using the highest rate at 1.1%.

236
-
363
-
pensions

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

2 369
-
3 632
-
unemployment
129
-
198
-
total
4 217
-
6 467
-
Corporate
162 289
188 000
-
-
income
16 229
18 800
-
-
total
16 229
18 800
-
-
Dividends
146 060
169 200
-
-
withholding
7 303
8 460
-
-
total
7 303
8 460
-
-
Income
188 000
188 000
188 000
188 000
Total tax
33 011
27 260
29 393
37 000
After tax
154 989
160 740
158 607
151 000
Living cost
16 232
16 232
16 232
16 232
Free-cash
138 757
144 508
142 375
134 768

Estimated living cost  is ₽16232 per week

₽10736
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽929
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽387
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4180
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60508
₽60130
₽72526
₽81162
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
188 000
health

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

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

-
-
-
6 475
trade
-
-
-
20 654
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.

-
-
-
3 325
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.

-
-
-
60 448
total
-
-
-
90 902
Employee

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

47 156
-
188 000
-
health

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

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

6 475
-
6 475
-
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.

214
-
3 325
-
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.

3 878
-
60 448
-
total
10 567
-
70 248
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
140 844
188 000
-
-
trade
20 212
26 978
-
-
chamber of commerce
351
419
-
-
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.

1 162
1 550
-
-
income
21 127
28 201
-
-
total
42 852
57 148
-
-
Dividends
97 993
130 852
-
-
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.

1 327
1 779
-
-
withholding
24 138
32 353
-
-
total
25 465
34 132
-
-
Income
188 000
188 000
188 000
188 000
Total tax
78 884
91 280
70 248
90 902
After tax
109 116
96 720
117 752
97 098
Living cost
36 590
36 590
36 590
36 590
Free-cash
72 526
60 130
81 162
60 508

Estimated living cost  is ₽36590 per week

₽25240
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3937
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6881
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42627
₽77614
₽79706
₽42627
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
188 000
income
-
-
-
59 534
social contributions
-
-
-
31 852
total
-
-
-
91 386
Employee
74 134
-
188 000
-
social contributions
6 159
-
31 852
-
income
13 989
-
59 534
-
total
20 148
-
91 386
-
Employer
74 134
-
188 000
-
total
-
-
-
-
Corporate
113 866
188 000
-
-
income
14 233
23 499
-
-
total
14 233
23 499
-
-
Dividends
99 632
164 501
-
-
withholding
19 926
32 900
-
-
total
19 926
32 900
-
-
Income
188 000
188 000
188 000
188 000
Total tax
54 307
56 399
91 386
91 386
After tax
133 693
131 601
96 614
96 614
Living cost
53 987
53 987
53 987
53 987
Free-cash
79 706
77 614
42 627
42 627

Estimated living cost  is ₽53987 per week

₽41073
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4399
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽516
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8000
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽119509
₽82790
₽86102
₽97983
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
188 000
income
-
-
-
28 201
health

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

-
-
-
5 887
total
-
-
-
34 088
Employee
43 477
-
183 640
-
social contributions
4 356
-
4 360
-
income
4 718
-
46 894
-
total
9 074
-
51 254
-
Employer
43 477
-
183 640
-
social contributions
4 356
-
4 360
-
total
4 356
-
4 360
-
Corporate
140 167
188 000
-
-
income
49 058
65 800
-
-
total
49 058
65 800
-
-
Dividends
91 109
122 200
-
-
social contributions
5 007
5 007
-
-
total
5 007
5 007
-
-
Income
188 000
188 000
188 000
188 000
Total tax
67 495
70 807
55 614
34 088
After tax
120 505
117 193
132 386
153 912
Living cost
34 403
34 403
34 403
34 403
Free-cash
86 102
82 790
97 983
119 509

Estimated living cost  is ₽34403 per week

₽22661
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2712
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8502
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87935
₽85630
₽91228
₽71038
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
188 000
pensions
-
-
-
8 936
income
-
-
-
56 009
total
-
-
-
64 945
Employee
48 207
-
164 029
-
health
629
-
2 295
-
pensions
3 679
-
10 834
-
income
8 779
-
44 742
-
total
13 087
-
57 871
-
Employer
48 207
-
164 029
-
health
916
-
3 117
-
pensions
4 870
-
20 854
-
total
5 786
-
23 971
-
Corporate
134 007
188 000
-
-
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.

25 462
35 719
-
-
total
25 462
35 719
-
-
Dividends
108 545
152 281
-
-
withholding
17 317
31 531
-
-
total
17 317
31 531
-
-
Income
188 000
188 000
188 000
188 000
Total tax
61 652
67 250
81 842
64 945
After tax
126 348
120 750
106 158
123 055
Living cost
35 120
35 120
35 120
35 120
Free-cash
91 228
85 630
71 038
87 935

Estimated living cost  is ₽35120 per week

₽24092
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3230
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽439
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7357
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽105683
-₽7536
₽11736
₽80045
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
188 000
health
-
-
-
2 084
accident
-
-
-
241
other
-
-
-
354
pensions
-
-
-
3 976
income
-
-
-
52 898
total
-
-
-
59 553
Employee
35 808
-
170 449
-
health
4 100
-
19 516
-
pensions
4 032
-
7 291
-
income
4 913
-
40 833
-
total
13 045
-
67 640
-
Employer
35 808
-
170 449
-
accident
598
-
2 847
-
pensions
5 822
-
10 528
-
unemployment
877
-
4 176
-
total
7 297
-
17 551
-
Corporate
144 895
188 000
-
-
income

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

130 405
169 200
-
-
total
130 405
169 200
-
-
Dividends
14 489
18 800
-
-
withholding
2 753
3 572
-
-
total
2 753
3 572
-
-
Income
188 000
188 000
188 000
188 000
Total tax
153 500
172 772
85 191
59 553
After tax
34 500
15 228
102 809
128 447
Living cost
22 764
22 764
22 764
22 764
Free-cash
11 736
-7 536
80 045
105 683

Estimated living cost  is ₽22764 per week

₽16706
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1326
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.
₽4272
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽102258
₽131032
₽140984
₽123076
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
188 000
health insurance
-
-
-
11 204
work injury
-
-
-
757
pensions
-
-
-
27 858
unemployment
-
-
-
1 817
income
-
-
-
31 318
total
-
-
-
72 954
Employee

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

20 461
-
188 000
-
pensions
3 765
-
13 929
-
work injury
102
-
379
-
unemployment
246
-
908
-
health insurance
1 514
-
5 602
-
income
2 046
-
31 318
-
total
7 673
-
52 136
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
167 539
188 000
-
-
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%.

1 675
18 800
-
-
total
1 675
18 800
-
-
Dividends
165 864
169 200
-
-
withholding
24 880
25 380
-
-
total
24 880
25 380
-
-
Income
188 000
188 000
188 000
188 000
Total tax
34 228
44 180
52 136
72 954
After tax
153 772
143 820
135 864
115 046
Living cost
12 788
12 788
12 788
12 788
Free-cash
140 984
131 032
123 076
102 258

Estimated living cost  is ₽12788 per week

₽7922
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽929
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽399
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3537
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49023
₽61272
₽56959
₽41045
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
188 000
regional
-
-
-
4 364
municipal
-
-
-
1 264
social contributions
-
-
-
47 434
national
-
-
-
48 159
total
-
-
-
101 221
Employee
79 863
-
188 000
-
regional
1 206
-
3 882
-
national
13 496
-
41 997
-
social contributions
26 929
-
62 187
-
municipal
477
-
1 133
-
total
42 108
-
109 199
-
Employer
79 863
-
188 000
-
total
-
-
-
-
Corporate
108 137
188 000
-
-
nationa
25 953
45 119
-
-
municipal
5 212
9 061
-
-
total
31 165
54 180
-
-
Dividends
76 973
133 820
-
-
withholding
20 012
34 792
-
-
total
20 012
34 792
-
-
Income
188 000
188 000
188 000
188 000
Total tax
93 285
88 972
109 199
101 221
After tax
94 715
99 028
78 801
86 779
Living cost
37 756
37 756
37 756
37 756
Free-cash
56 959
61 272
41 045
49 023

Estimated living cost  is ₽37756 per week

₽26521
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2597
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽570
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8066
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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