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
₽64825
₽75771
₽65992
₽88355
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
22 363
income

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

-
-
-
59 632
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.

-
-
-
6 760
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.

-
-
-
3 281
total
-
-
-
92 036
Employee

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

37 848
-
188 000
-
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.

1 057
-
59 632
-
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.

58
-
3 281
-
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.

6 760
-
6 760
-
total
7 875
-
69 673
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
150 152
188 000
-
-
income
22 523
28 199
-
-
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.

1 239
1 551
-
-
trade
23 649
29 610
-
-
chamber of commerce
366
421
-
-
total
47 777
59 781
-
-
Dividends
102 374
128 219
-
-
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.

1 388
1 743
-
-
withholding
25 217
31 679
-
-
total
26 605
33 422
-
-
Income
188 000
188 000
188 000
188 000
Total tax
82 257
93 203
69 673
92 036
After tax
105 743
94 797
118 327
95 964
Living cost
29 972
29 972
29 972
29 972
Free-cash
75 771
64 825
88 355
65 992

Estimated living cost  is ₽29972 per week

₽18853
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3495
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽560
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7064
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63573
₽62679
₽57016
₽58025
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
20 604
national
-
-
-
32 060
pensions
-
-
-
22 560
social contributions
-
-
-
2 021
total
-
-
-
77 245
Employee
83 306
-
162 524
-
national
15 945
-
33 654
-
pensions
3 332
-
6 501
-
municipal
10 290
-
21 332
-
total
29 567
-
61 487
-
Employer
83 306
-
162 524
-
social contributions
896
-
1 747
-
pensions
6 664
-
13 002
-
total
7 560
-
14 749
-
Corporate
91 636
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%.

18 327
37 600
-
-
total
18 327
37 600
-
-
Dividends
73 309
150 400
-
-
withholding
16 128
33 088
-
-
total
16 128
33 088
-
-
Income
188 000
188 000
188 000
188 000
Total tax
71 582
70 688
76 236
77 245
After tax
116 418
117 312
111 764
110 755
Living cost
53 739
53 739
53 739
53 739
Free-cash
62 679
63 573
58 025
57 016

Estimated living cost  is ₽53739 per week

₽36526
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4995
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽804
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11413
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽129813
₽121695
₽45467
₽59329
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
microenterprise
-
-
-
-
income
-
-
-
36 094
surtax
-
-
-
47 939
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.

-
-
-
37 913
total
-
-
-
121 946
Employee
28 915
-
143 775
-
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.

3 181
-
12 972
-
income
5 147
-
30 039
-
surtax
-
-
20 848
-
total
8 328
-
63 859
-
Employer
28 915
-
143 775
-
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.

6 965
-
28 410
-
surtax
-
-
15 815
-
total
6 965
-
44 225
-
Corporate
152 120
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%.

30 425
37 600
-
-
total
30 425
37 600
-
-
Dividends

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

121 696
150 400
-
-
total
-
-
-
-
Income
188 000
188 000
188 000
188 000
Total tax
45 718
37 600
108 084
121 946
After tax
142 282
150 400
79 916
66 054
Living cost
20 587
20 587
20 587
20 587
Free-cash
121 695
129 813
59 329
45 467

Estimated living cost  is ₽20587 per week

₽13134
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1960
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5025
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51829
₽45767
₽61386
₽77491
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
61 365
health
-
-
-
12 202
pensions
-
-
-
11 594
total
-
-
-
85 161
Employee
84 503
84 503
169 610
-
pensions
15 210
11 594
11 594
-
income

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

13 832
13 832
26 871
-
health
12 970
11 032
12 202
-
total
42 012
36 458
50 667
-
Employer
84 503
84 503
169 610
-
health
5 874
5 874
7 299
-
pensions
5 881
5 881
7 310
-
unemployment
3 042
3 042
3 780
-
total
14 797
14 797
18 389
-
Corporate
89 737
88 700
-
-
income
17 946
17 740
-
-
total
17 946
17 740
-
-
Dividends
71 790
70 960
-
-
income
15 256
15 079
-
-
withholding
10 769
10 644
-
-
total
26 025
25 723
-
-
Income
188 000
188 000
188 000
188 000
Total tax
100 780
94 718
69 056
85 161
After tax
87 220
93 282
118 944
102 839
Living cost
41 453
41 453
41 453
41 453
Free-cash
45 767
51 829
77 491
61 386

Estimated living cost  is ₽41453 per week

₽29377
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3737
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽659
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7680
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63071
₽62183
₽56142
₽55181
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
48 568
national
-
-
-
18 586
unemployment
-
-
-
87
accident
-
-
-
173
health
-
-
-
5 412
pensions
-
-
-
9 376
other
-
-
-
10 079
total
-
-
-
92 281
Employee
56 393
-
160 747
-
national
-
-
18 055
-
municipal
16 816
-
47 935
-
total
16 816
-
65 990
-
Employer
56 393
-
160 747
-
health
3 468
-
5 334
-
pensions
6 096
-
9 376
-
accident
113
-
173
-
other
6 553
-
10 079
-
unemployment
1 489
-
2 290
-
total
17 719
-
27 252
-
Corporate
113 888
188 000
-
-
income
25 055
41 360
-
-
total
25 055
41 360
-
-
Dividends
88 833
146 640
-
-
withholding
26 650
43 992
-
-
total
26 650
43 992
-
-
Income
188 000
188 000
188 000
188 000
Total tax
86 240
85 352
93 242
92 281
After tax
101 760
102 648
94 758
95 719
Living cost
39 577
39 577
39 577
39 577
Free-cash
62 183
63 071
55 181
56 142

Estimated living cost  is ₽39577 per week

₽26230
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3884
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽601
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8862
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54960
₽68862
₽56096
₽79454
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
23 358
income

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

-
-
-
59 632
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.

-
-
-
6 760
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.

-
-
-
3 281
total
-
-
-
93 031
Employee

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

50 181
-
188 000
-
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.

4 312
-
59 632
-
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.

237
-
3 281
-
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.

6 760
-
6 760
-
total
11 309
-
69 673
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
137 819
188 000
-
-
income
20 673
28 199
-
-
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.

1 136
1 551
-
-
trade
22 671
30 926
-
-
chamber of commerce
346
417
-
-
total
44 826
61 093
-
-
Dividends
92 993
126 907
-
-
surtax

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

1 258
1 724
-
-
withholding
22 872
31 350
-
-
total
24 130
33 074
-
-
Income
188 000
188 000
188 000
188 000
Total tax
80 265
94 167
69 673
93 031
After tax
107 735
93 833
118 327
94 969
Living cost
38 873
38 873
38 873
38 873
Free-cash
68 862
54 960
79 454
56 096

Estimated living cost  is ₽38873 per week

₽25999
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4099
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8195
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽105007
₽100904
₽95716
₽94101
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
39 384
health
-
-
-
4 794
social contributions
-
-
-
16 010
total
-
-
-
60 188
Employee
76 091
76 091
176 222
-
social contributions
3 697
6 315
8 518
-
income
7 990
7 044
38 512
-
health
757
1 294
2 995
-
total
12 444
14 653
50 025
-
Employer
76 091
76 091
176 222
-
social contributions
3 697
6 315
8 518
-
health
824
1 408
3 260
-
total
4 521
7 723
11 778
-
Corporate
138 938
104 186
-
-
income
17 368
13 023
-
-
total
17 368
13 023
-
-
Dividends
121 570
91 163
-
-
withholding
20 667
15 498
-
-
total
20 667
15 498
-
-
Income
188 000
188 000
188 000
188 000
Total tax
55 000
50 897
61 803
60 188
After tax
133 000
137 103
126 197
127 812
Living cost
32 096
32 096
32 096
32 096
Free-cash
100 904
105 007
94 101
95 716

Estimated living cost  is ₽32096 per week

₽21941
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2507
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7109
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86146
₽86551
₽110773
₽89520
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
2 820
income
-
-
-
22 983
health
-
-
-
13 160
pensions
-
-
-
18 800
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.

28 096
11 182
157 322
-
pensions
2 810
1 118
15 732
-
unemployment
421
168
2 360
-
income
3 435
1 367
19 233
-
health
1 967
783
11 013
-
total
8 633
3 436
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.

28 096
11 182
157 322
-
pensions
5 479
2 180
30 678
-
total
5 479
2 180
30 678
-
Corporate
154 425
174 638
-
-
income
13 898
15 717
-
-
total
13 898
15 717
-
-
Dividends
140 527
158 920
-
-
social contributions
27 275
30 862
-
-
withholding
26 700
30 195
-
-
total
53 975
61 057
-
-
Income
188 000
188 000
188 000
188 000
Total tax
81 985
82 390
79 016
57 763
After tax
106 015
105 610
108 984
130 237
Living cost
19 464
19 464
19 464
19 464
Free-cash
86 551
86 146
89 520
110 773

Estimated living cost  is ₽19464 per week

₽13282
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1593
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.
₽4200
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽126499
₽120351
₽76868
₽84459
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
25 191
health
-
-
-
24 440
pensions
-
-
-
37 600
total
-
-
-
87 231
Employee
28 072
-
140 508
-
pensions
561
-
2 809
-
unemployment
449
-
2 248
-
income
3 160
-
27 090
-
total
4 170
-
32 147
-
Employer
28 072
-
140 508
-
health
3 649
-
18 266
-
pensions
5 615
-
28 102
-
unemployment
225
-
1 125
-
total
9 489
-
47 493
-
Corporate
150 440
188 000
-
-
income
30 089
37 600
-
-
total
30 089
37 600
-
-
Dividends
120 351
150 400
-
-
total
-
-
-
-
Income
188 000
188 000
188 000
188 000
Total tax
43 748
37 600
79 640
87 231
After tax
144 252
150 400
108 360
100 769
Living cost
23 901
23 901
23 901
23 901
Free-cash
120 351
126 499
84 459
76 868

Estimated living cost  is ₽23901 per week

₽16393
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1423
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5603
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6449
₽11903
₽106788
₽80950
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
249
income
-
-
-
52 672
health
-
-
-
2 149
pensions
-
-
-
4 100
other
-
-
-
365
total
-
-
-
59 535
Employee
34 099
-
170 135
-
pensions
3 840
-
7 517
-
income
4 678
-
40 512
-
health
3 904
-
19 480
-
total
12 422
-
67 509
-
Employer
34 099
-
170 135
-
pensions
5 545
-
10 855
-
accident
569
-
2 841
-
unemployment
835
-
4 168
-
total
6 949
-
17 864
-
Corporate
146 952
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.

132 257
169 200
-
-
total
132 257
169 200
-
-
Dividends
14 695
18 800
-
-
withholding
2 792
3 572
-
-
total
2 792
3 572
-
-
Income
188 000
188 000
188 000
188 000
Total tax
154 420
172 772
85 373
59 535
After tax
33 580
15 228
102 627
128 465
Living cost
21 677
21 677
21 677
21 677
Free-cash
11 903
-6 449
80 950
106 788

Estimated living cost  is ₽21677 per week

₽15887
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1201
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.
₽4137
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽170144
₽168559
₽177664
₽141944
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
10 570
-
188 000
-
income
2 114
-
37 600
-
total
2 114
-
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%.

177 430
188 000
-
-
total
-
-
-
-
Dividends
177 430
188 000
-
-
withholding
8 871
9 400
-
-
total
8 871
9 400
-
-
Income
188 000
188 000
188 000
188 000
Total tax
10 985
9 400
37 600
1 880
After tax
177 015
178 600
150 400
186 120
Living cost
8 456
8 456
8 456
8 456
Free-cash
168 559
170 144
141 944
177 664

Estimated living cost  is ₽8456 per week

₽5241
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽703
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽232
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2280
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽111757
₽105073
₽81408
₽79854
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
30 342
health
-
-
-
6 621
pensions

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

-
-
-
36 115
other
-
-
-
7 147
total
-
-
-
80 225
Employee
35 929
-
150 158
-
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.

2 514
-
10 512
-
unemployment
359
-
1 502
-
income
6 186
-
29 824
-
health
503
-
2 101
-
total
9 562
-
43 939
-
Employer
35 929
-
150 158
-
health
503
-
2 101
-
pensions

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

6 109
-
25 527
-
accident
287
-
1 202
-
other
1 797
-
7 508
-
unemployment
359
-
1 502
-
total
9 055
-
37 840
-
Corporate
143 016
188 000
-
-
income
30 034
39 480
-
-
total
30 034
39 480
-
-
Dividends
112 982
148 520
-
-
withholding
7 909
10 396
-
-
total
7 909
10 396
-
-
Income
188 000
188 000
188 000
188 000
Total tax
56 560
49 876
81 779
80 225
After tax
131 440
138 124
106 221
107 775
Living cost
26 367
26 367
26 367
26 367
Free-cash
105 073
111 757
79 854
81 408

Estimated living cost  is ₽26367 per week

₽18630
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1780
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽424
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5532
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55184
₽60716
₽57212
₽40266
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
55 097
pensions
-
-
-
9 203
total
-
-
-
64 300
Employee
94 070
-
164 109
-
pensions
9 075
-
11 223
-
income
16 957
-
43 802
-
health
1 550
-
2 330
-
total
27 582
-
57 355
-
Employer
94 070
-
164 109
-
health
1 787
-
3 118
-
pensions
11 107
-
20 773
-
total
12 894
-
23 891
-
Corporate
81 036
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.

15 396
35 721
-
-
total
15 396
35 721
-
-
Dividends
65 640
152 279
-
-
withholding
4 924
30 607
-
-
total
4 924
30 607
-
-
Income
188 000
188 000
188 000
188 000
Total tax
60 796
66 328
81 246
64 300
After tax
127 204
121 672
106 754
123 700
Living cost
66 488
66 488
66 488
66 488
Free-cash
60 716
55 184
40 266
57 212

Estimated living cost  is ₽66488 per week

₽49821
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7812
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.
₽8315
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽147849
₽143282
₽137739
₽145271
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
137
income
-
-
-
28 200
health
-
-
-
3 950
pensions

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

-
-
-
5 083
total
-
-
-
37 370
Employee
17 070
-
181 262
-
pensions

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

1 499
-
3 016
-
income
1 707
-
18 126
-
health
785
-
1 580
-
accident

We are using the highest rate at 1.1%.

188
-
378
-
total
4 179
-
23 100
-
Employer
17 070
-
181 262
-
health
1 178
-
2 370
-
pensions

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

1 881
-
3 784
-
accident

We are using the highest rate at 1.1%.

188
-
378
-
unemployment
102
-
206
-
total
3 349
-
6 738
-
Corporate
167 581
188 000
-
-
income
16 758
18 800
-
-
total
16 758
18 800
-
-
Dividends
150 823
169 200
-
-
withholding
7 541
8 460
-
-
total
7 541
8 460
-
-
Income
188 000
188 000
188 000
188 000
Total tax
31 827
27 260
29 838
37 370
After tax
156 173
160 740
158 162
150 630
Living cost
12 891
12 891
12 891
12 891
Free-cash
143 282
147 849
145 271
137 739

Estimated living cost  is ₽12891 per week

₽7526
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽921
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽342
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4103
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38411
₽40899
₽47968
₽64073
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
61 365
health
-
-
-
12 202
pensions
-
-
-
11 594
total
-
-
-
85 161
Employee
91 743
84 503
169 610
-
pensions
11 594
11 594
11 594
-
income

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

13 832
13 832
26 871
-
health
11 445
11 032
12 202
-
total
36 871
36 458
50 667
-
Employer
91 743
84 503
169 610
-
health
6 375
5 874
7 299
-
pensions
6 385
5 881
7 310
-
unemployment
3 303
3 042
3 780
-
total
16 063
14 797
18 389
-
Corporate
80 194
88 700
-
-
income
16 039
17 740
-
-
total
16 039
17 740
-
-
Dividends
64 156
70 960
-
-
income
13 633
15 079
-
-
withholding
9 624
10 644
-
-
total
23 257
25 723
-
-
Income
188 000
188 000
188 000
188 000
Total tax
92 230
94 718
69 056
85 161
After tax
95 770
93 282
118 944
102 839
Living cost
54 871
54 871
54 871
54 871
Free-cash
40 899
38 411
64 073
47 968

Estimated living cost  is ₽54871 per week

₽40477
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4901
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽629
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8865
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽104779
₽95981
₽83014
₽74948
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
solidarity contribution
-
-
-
393
income
-
-
-
19 071
health
-
-
-
25 380
social contributions
-
-
-
35 483
total
-
-
-
80 327
Employee
36 263
-
144 606
-
social contributions
2 357
-
7 899
-
income
4 352
-
17 578
-
solidarity contribution
-
-
-
-
health
4 896
-
19 522
-
total
11 605
-
44 999
-
Employer
36 263
-
144 606
-
social contributions
9 066
-
30 379
-
health
3 264
-
13 015
-
total
12 330
-
43 394
-
Corporate
139 407
188 000
-
-
income
26 487
35 720
-
-
total
26 487
35 720
-
-
Dividends
112 920
152 280
-
-
withholding
16 938
22 842
-
-
total
16 938
22 842
-
-
Income
188 000
188 000
188 000
188 000
Total tax
67 360
58 562
88 393
80 327
After tax
120 640
129 438
99 607
107 673
Living cost
24 659
24 659
24 659
24 659
Free-cash
95 981
104 779
74 948
83 014

Estimated living cost  is ₽24659 per week

₽17128
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.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5291
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58550
₽53383
₽47295
₽38803
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 117
national
-
-
-
47 246
regional
-
-
-
2 233
social contributions
-
-
-
48 354
total
-
-
-
98 950
Employee
87 944
-
188 000
-
national
15 239
-
41 079
-
social contributions
29 655
-
63 394
-
municipal
466
-
997
-
regional
830
-
1 972
-
total
46 190
-
107 442
-
Employer
87 944
-
188 000
-
total
-
-
-
-
Corporate
100 056
188 000
-
-
municipal
3 902
7 331
-
-
nationa
24 014
45 121
-
-
total
27 916
52 452
-
-
Dividends
72 140
135 548
-
-
withholding
18 756
35 243
-
-
total
18 756
35 243
-
-
Income
188 000
188 000
188 000
188 000
Total tax
92 862
87 695
107 442
98 950
After tax
95 138
100 305
80 558
89 050
Living cost
41 755
41 755
41 755
41 755
Free-cash
53 383
58 550
38 803
47 295

Estimated living cost  is ₽41755 per week

₽29106
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2738
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽640
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9269
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96416
₽93336
₽66948
₽60895
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
225
income
-
-
-
54 497
health
-
-
-
9 376
surtax
-
-
-
8 704
pensions
-
-
-
26 414
other
-
-
-
-
total
-
-
-
99 216
Employee
32 723
-
160 201
-
pensions
2 182
-
8 809
-
unemployment
2 278
-
9 192
-
income
5 485
-
48 580
-
other
-
-
-
-
surtax
107
-
7 521
-
health
836
-
3 367
-
total
10 888
-
77 469
-
Employer
32 723
-
160 201
-
health
1 489
-
6 009
-
pensions
4 362
-
17 605
-
other
-
-
-
-
unemployment
1 037
-
4 186
-
total
6 888
-
27 800
-
Corporate
148 389
188 000
-
-
income
38 582
48 880
-
-
total
38 582
48 880
-
-
Dividends
109 807
139 120
-
-
withholding
16 470
20 868
-
-
total
16 470
20 868
-
-
Income
188 000
188 000
188 000
188 000
Total tax
72 828
69 748
105 269
99 216
After tax
115 172
118 252
82 731
88 784
Living cost
21 836
21 836
21 836
21 836
Free-cash
93 336
96 416
60 895
66 948

Estimated living cost  is ₽21836 per week

₽13351
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2015
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5966
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76249
₽82819
₽78277
₽61331
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
55 097
pensions
-
-
-
9 203
total
-
-
-
64 300
Employee
63 043
-
164 109
-
pensions
5 351
-
11 223
-
income
11 354
-
43 802
-
health
915
-
2 330
-
total
17 620
-
57 355
-
Employer
63 043
-
164 109
-
health
1 198
-
3 118
-
pensions
6 824
-
20 773
-
total
8 022
-
23 891
-
Corporate
116 935
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.

22 218
35 721
-
-
total
22 218
35 721
-
-
Dividends
94 716
152 279
-
-
withholding
11 898
30 607
-
-
total
11 898
30 607
-
-
Income
188 000
188 000
188 000
188 000
Total tax
59 758
66 328
81 246
64 300
After tax
128 242
121 672
106 754
123 700
Living cost
45 423
45 423
45 423
45 423
Free-cash
82 819
76 249
61 331
78 277

Estimated living cost  is ₽45423 per week

₽34030
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3405
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7512
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽8779
₽41806
₽74120
₽65675
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
city
-
-
-
1 982
national
-
-
-
3 603
regional
-
-
-
9 627
health
-
-
-
422
pensions
-
-
-
17 297
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.

-
-
-
3 761
total
-
-
-
36 692
Employee
90 329
-
168 288
-
national
428
-
2 661
-
city
969
-
1 808
-
pensions
7 589
-
14 115
-
unemployment
-
-
-
-
health
204
-
379
-
regional
2 958
-
8 314
-
total
12 148
-
27 277
-
Employer
90 329
-
168 288
-
health
204
-
379
-
pensions
7 589
-
14 115
-
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.

1 806
-
3 366
-
unemployment
-
-
-
-
total
9 599
-
17 860
-
Corporate
87 078
188 000
-
-
national
7 403
15 981
-
-
regional
18 417
39 762
-
-
total
25 820
55 743
-
-
Dividends
61 259
132 257
-
-
withholding
21 440
46 290
-
-
total
21 440
46 290
-
-
Income
188 000
188 000
188 000
188 000
Total tax
69 007
102 033
45 137
36 692
After tax
118 993
85 967
142 863
151 308
Living cost
77 188
77 188
77 188
77 188
Free-cash
41 806
8 779
65 675
74 120

Estimated living cost  is ₽77188 per week

₽50194
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6927
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽948
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19119
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽47533
₽63578
₽48644
₽72996
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
24 352
income

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

-
-
-
59 632
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.

-
-
-
6 760
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.

-
-
-
3 281
total
-
-
-
94 025
Employee

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

59 469
-
188 000
-
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.

6 993
-
59 632
-
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.

385
-
3 281
-
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.

6 760
-
6 760
-
total
14 138
-
69 673
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
128 531
188 000
-
-
income
19 280
28 199
-
-
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.

1 061
1 551
-
-
trade
22 044
32 242
-
-
chamber of commerce
330
415
-
-
total
42 715
62 407
-
-
Dividends
85 815
125 592
-
-
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.

1 159
1 707
-
-
withholding
21 079
31 022
-
-
total
22 238
32 729
-
-
Income
188 000
188 000
188 000
188 000
Total tax
79 091
95 136
69 673
94 025
After tax
108 909
92 864
118 327
93 975
Living cost
45 331
45 331
45 331
45 331
Free-cash
63 578
47 533
72 996
48 644

Estimated living cost  is ₽45331 per week

₽33108
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3626
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8009
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60898
₽66745
₽71866
₽67900
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
30 499
health
-
-
-
8 377
surtax
-
-
-
-
pensions
-
-
-
32 217
other
-
-
-
5 829
social contributions
-
-
-
5 357
total
-
-
-
82 279
Employee
42 351
-
144 913
-
pensions
4 788
-
10 321
-
social contributions
1 207
-
4 129
-
income
2 499
-
28 708
-
surtax
-
-
-
-
total
8 494
-
43 158
-
Employer
42 351
-
144 913
-
social contributions
128
-
436
-
health
2 965
-
13 696
-
pensions
6 957
-
17 331
-
other
1 461
-
5 756
-
unemployment
1 714
-
5 868
-
total
13 225
-
43 087
-
Corporate
132 424
188 000
-
-
income
37 078
52 639
-
-
surtax
-
-
-
-
total
37 078
52 639
-
-
Dividends
95 346
135 361
-
-
social contributions
16 399
23 281
-
-
surtax
-
-
-
-
withholding
12 204
17 327
-
-
total
28 603
40 608
-
-
Income
188 000
188 000
188 000
188 000
Total tax
87 400
93 247
86 245
82 279
After tax
100 600
94 753
101 755
105 721
Living cost
33 855
33 855
33 855
33 855
Free-cash
66 745
60 898
67 900
71 866

Estimated living cost  is ₽33855 per week

₽21347
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2753
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽576
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9181
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64252
₽69748
₽75220
₽71254
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
30 499
health
-
-
-
8 377
surtax
-
-
-
-
pensions
-
-
-
32 217
other
-
-
-
5 829
social contributions
-
-
-
5 357
total
-
-
-
82 279
Employee
37 804
-
144 913
-
pensions
4 276
-
10 321
-
social contributions
1 078
-
4 129
-
income
1 949
-
28 708
-
surtax
-
-
-
-
total
7 303
-
43 158
-
Employer
37 804
-
144 913
-
social contributions
113
-
436
-
health
2 646
-
13 696
-
pensions
6 212
-
17 331
-
other
1 305
-
5 756
-
unemployment
1 530
-
5 868
-
total
11 806
-
43 087
-
Corporate
138 390
188 000
-
-
income
38 749
52 639
-
-
surtax
-
-
-
-
total
38 749
52 639
-
-
Dividends
99 641
135 361
-
-
social contributions
17 139
23 281
-
-
surtax
-
-
-
-
withholding
12 754
17 327
-
-
total
29 893
40 608
-
-
Income
188 000
188 000
188 000
188 000
Total tax
87 751
93 247
86 245
82 279
After tax
100 249
94 753
101 755
105 721
Living cost
30 501
30 501
30 501
30 501
Free-cash
69 748
64 252
71 254
75 220

Estimated living cost  is ₽30501 per week

₽17689
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3098
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽578
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9136
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93714
₽94227
₽99752
₽95472
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 199
health
-
-
-
13 122
social contributions
-
-
-
25 944
total
-
-
-
67 265
Employee
33 551
-
188 000
-
social contributions
4 631
-
25 944
-
income
5 596
-
32 479
-
health
2 342
-
13 122
-
total
12 569
-
71 545
-
Employer
33 551
-
188 000
-
total
-
-
-
-
Corporate
154 449
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%.

7 722
9 400
-
-
total
7 722
9 400
-
-
Dividends
146 727
178 600
-
-
social contributions
20 249
24 647
-
-
health
10 242
12 467
-
-
withholding
22 008
26 789
-
-
total
52 499
63 903
-
-
Income
188 000
188 000
188 000
188 000
Total tax
72 790
73 303
71 545
67 265
After tax
115 210
114 697
116 455
120 735
Living cost
20 983
20 983
20 983
20 983
Free-cash
94 227
93 714
95 472
99 752

Estimated living cost  is ₽20983 per week

₽14042
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1294
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5162
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69023
₽67492
₽61662
₽14785
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
6 069
income
-
-
-
54 226
chamber of commerce
-
-
-
751
health
-
-
-
8 843
surtax
-
-
-
195
pensions
-
-
-
21 387
total
-
-
-
91 471
Employee
49 453
39 435
151 885
-
pensions
5 065
4 037
11 838
-
unemployment
1 483
1 183
3 468
-
income
5 630
2 909
44 264
-
other
494
394
1 157
-
health
1 914
1 527
4 473
-
total
14 586
10 050
65 200
-
Employer
49 453
39 435
151 885
-
chamber of commerce
197
158
608
-
health
1 868
1 491
4 370
-
payroll
1 483
1 183
4 558
-
pensions
6 206
4 950
14 508
-
surtax
195
195
195
-
accident
642
513
1 502
-
other
2 349
1 872
6 905
-
unemployment
1 483
1 183
3 468
-
total
14 423
11 545
36 114
-
Corporate
124 122
137 021
148 130
-
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.

31 031
34 255
37 033
-
total
31 031
34 255
37 033
-
Dividends
93 091
102 765
-
-
withholding
25 601
28 260
-
-
total
25 601
28 260
-
-
Income
188 000
188 000
188 000
188 000
Total tax
85 641
84 110
138 347
91 471
After tax
102 359
103 890
49 653
96 529
Living cost
34 868
34 868
34 868
34 868
Free-cash
67 492
69 023
14 785
61 662

Estimated living cost  is ₽34868 per week

₽23255
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2974
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8065
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69021
₽54191
₽45513
₽29343
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
71 936
communal

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

-
-
-
9 800
social contributions
-
-
-
24 671
total
-
-
-
106 407
Employee

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

70 782
-
145 612
-
national
21 761
-
53 560
-
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.

5 309
-
10 921
-
communal

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

3 692
-
7 594
-
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.

616
-
1 268
-
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.

3 326
-
6 845
-
total
34 704
-
80 188
-
Employer

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

70 782
-
145 612
-
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.

4 353
-
8 955
-
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.

6 272
-
12 901
-
surtax
8 026
-
16 514
-
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.

920
-
1 893
-
unemployment

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

1 033
-
2 126
-
total
20 604
-
42 389
-
Corporate
96 614
188 000
-
-
income
19 323
37 619
-
-
surtax
387
753
-
-
total
19 710
38 372
-
-
Dividends
76 904
149 628
-
-
withholding

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

22 711
44 527
-
-
total
22 711
44 527
-
-
Income
188 000
188 000
188 000
188 000
Total tax
97 729
82 899
122 577
106 407
After tax
90 271
105 101
65 423
81 593
Living cost
36 080
36 080
36 080
36 080
Free-cash
54 191
69 021
29 343
45 513

Estimated living cost  is ₽36080 per week

₽23240
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3155
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.
₽9121
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89413
₽82633
₽69617
₽65463
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
642
accident
-
-
-
826
income
-
-
-
55 132
pensions
-
-
-
25 955
other
-
-
-
92
total
-
-
-
82 647
Employee
49 257
-
158 760
-
pensions
2 315
-
4 312
-
unemployment
764
-
1 422
-
income
10 393
-
51 735
-
other
49
-
92
-
total
13 521
-
57 561
-
Employer
49 257
-
158 760
-
pensions
11 624
-
21 646
-
accident
975
-
1 816
-
other
392
-
734
-
unemployment
2 710
-
5 044
-
total
15 701
-
29 240
-
Corporate
123 043
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.

18 457
28 199
-
-
total
18 457
28 199
-
-
Dividends
104 585
159 801
-
-
withholding
21 952
34 652
-
-
total
21 952
34 652
-
-
Income
188 000
188 000
188 000
188 000
Total tax
69 631
62 851
86 801
82 647
After tax
118 369
125 149
101 199
105 353
Living cost
35 736
35 736
35 736
35 736
Free-cash
82 633
89 413
65 463
69 617

Estimated living cost  is ₽35736 per week

₽26316
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2535
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6370
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55210
₽42117
₽37639
₽45132
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 585
income
-
-
-
32 411
communal
-
-
-
11 881
health
-
-
-
13 209
surtax
-
-
-
9 320
pensions
-
-
-
28 179
total
-
-
-
96 585
Employee
74 937
-
167 932
-
pensions
5 994
-
13 434
-
income
7 238
-
37 823
-
surtax
4 593
-
10 292
-
health
3 335
-
7 474
-
total
21 160
-
69 023
-
Employer
74 937
-
167 932
-
health
2 285
-
5 123
-
pensions
5 994
-
13 434
-
accident
674
-
1 512
-
total
8 953
-
20 069
-
Corporate
104 110
188 000
-
-
income
15 616
28 199
-
-
surtax
1 093
1 974
-
-
communal
7 027
12 690
-
-
total
23 736
42 863
-
-
Dividends
80 374
145 137
-
-
income
26 202
14 381
-
-
withholding
12 056
21 770
-
-
total
38 258
36 151
-
-
Income
188 000
188 000
188 000
188 000
Total tax
92 107
79 014
89 092
96 585
After tax
95 893
108 986
98 908
91 415
Living cost
53 776
53 776
53 776
53 776
Free-cash
42 117
55 210
45 132
37 639

Estimated living cost  is ₽53776 per week

₽40340
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3258
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9607
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96026
₽92879
₽66558
₽60505
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
225
income
-
-
-
54 497
health
-
-
-
9 376
surtax
-
-
-
8 704
pensions
-
-
-
26 414
other
-
-
-
-
total
-
-
-
99 216
Employee
33 324
-
160 201
-
pensions
2 223
-
8 809
-
unemployment
2 319
-
9 192
-
income
5 587
-
48 580
-
other
-
-
-
-
surtax
118
-
7 521
-
health
851
-
3 367
-
total
11 098
-
77 469
-
Employer
33 324
-
160 201
-
health
1 515
-
6 009
-
pensions
4 443
-
17 605
-
other
-
-
-
-
unemployment
1 057
-
4 186
-
total
7 015
-
27 800
-
Corporate
147 660
188 000
-
-
income
38 392
48 880
-
-
total
38 392
48 880
-
-
Dividends
109 268
139 120
-
-
withholding
16 390
20 868
-
-
total
16 390
20 868
-
-
Income
188 000
188 000
188 000
188 000
Total tax
72 895
69 748
105 269
99 216
After tax
115 105
118 252
82 731
88 784
Living cost
22 226
22 226
22 226
22 226
Free-cash
92 879
96 026
60 505
66 558

Estimated living cost  is ₽22226 per week

₽13419
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1932
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.
₽6360
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72160
₽69963
₽61792
₽53344
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 117
national
-
-
-
47 246
regional
-
-
-
2 835
social contributions
-
-
-
48 354
total
-
-
-
99 552
Employee
54 891
-
188 000
-
national
8 696
-
41 079
-
social contributions
18 510
-
63 394
-
municipal
291
-
997
-
regional
739
-
2 530
-
total
28 236
-
108 000
-
Employer
54 891
-
188 000
-
total
-
-
-
-
Corporate
133 109
188 000
-
-
municipal
6 616
9 344
-
-
nationa
31 946
45 121
-
-
total
38 562
54 465
-
-
Dividends
94 548
133 535
-
-
withholding
24 583
34 719
-
-
total
24 583
34 719
-
-
Income
188 000
188 000
188 000
188 000
Total tax
91 381
89 184
108 000
99 552
After tax
96 619
98 816
80 000
88 448
Living cost
26 656
26 656
26 656
26 656
Free-cash
69 963
72 160
53 344
61 792

Estimated living cost  is ₽26656 per week

₽16578
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2700
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6922
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99052
₽88211
₽77287
₽69221
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
solidarity contribution
-
-
-
393
income
-
-
-
19 071
health
-
-
-
25 380
social contributions
-
-
-
35 483
total
-
-
-
80 327
Employee
44 686
-
144 606
-
social contributions
2 905
-
7 899
-
income
5 362
-
17 578
-
solidarity contribution
-
-
-
-
health
6 033
-
19 522
-
total
14 300
-
44 999
-
Employer
44 686
-
144 606
-
social contributions
11 171
-
30 379
-
health
4 022
-
13 015
-
total
15 193
-
43 394
-
Corporate
128 121
188 000
-
-
income
24 343
35 720
-
-
total
24 343
35 720
-
-
Dividends
103 778
152 280
-
-
withholding
15 567
22 842
-
-
total
15 567
22 842
-
-
Income
188 000
188 000
188 000
188 000
Total tax
69 403
58 562
88 393
80 327
After tax
118 597
129 438
99 607
107 673
Living cost
30 386
30 386
30 386
30 386
Free-cash
88 211
99 052
69 221
77 287

Estimated living cost  is ₽30386 per week

₽22597
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1683
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽526
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5580
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72425
₽71934
₽65154
₽18133
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
6 069
income
-
-
-
54 226
chamber of commerce
-
-
-
751
health
-
-
-
8 843
surtax
-
-
-
-
pensions
-
-
-
21 387
total
-
-
-
91 276
Employee
43 256
39 435
152 070
-
pensions
4 430
4 037
11 838
-
unemployment
1 298
1 183
3 468
-
income
3 853
2 909
44 354
-
other
432
394
1 157
-
health
1 673
1 527
4 473
-
total
11 686
10 050
65 290
-
Employer
43 256
39 435
152 070
-
chamber of commerce
173
158
608
-
health
1 636
1 491
4 370
-
payroll
1 298
1 183
4 561
-
pensions
5 429
4 950
14 508
-
surtax
-
-
-
-
accident
561
513
1 502
-
other
2 054
1 872
6 912
-
unemployment
1 298
1 183
3 468
-
total
12 449
11 350
35 929
-
Corporate
132 296
137 216
148 314
-
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.

33 074
34 304
37 078
-
total
33 074
34 304
37 078
-
Dividends
99 222
102 912
-
-
withholding
27 287
28 301
-
-
total
27 287
28 301
-
-
Income
188 000
188 000
188 000
188 000
Total tax
84 496
84 005
138 297
91 276
After tax
103 504
103 995
49 703
96 724
Living cost
31 570
31 570
31 570
31 570
Free-cash
71 934
72 425
18 133
65 154

Estimated living cost  is ₽31570 per week

₽18938
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3224
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽563
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8845
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽165422
₽162951
₽172942
₽137222
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
16 472
-
188 000
-
income
3 295
-
37 600
-
total
3 295
-
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%.

171 528
188 000
-
-
total
-
-
-
-
Dividends
171 528
188 000
-
-
withholding
8 576
9 400
-
-
total
8 576
9 400
-
-
Income
188 000
188 000
188 000
188 000
Total tax
11 871
9 400
37 600
1 880
After tax
176 129
178 600
150 400
186 120
Living cost
13 178
13 178
13 178
13 178
Free-cash
162 951
165 422
137 222
172 942

Estimated living cost  is ₽13178 per week

₽8917
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽553
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽442
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3265
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽102896
₽94620
₽64391
₽59605
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
282
income
-
-
-
43 952
health
-
-
-
18 499
pensions
-
-
-
34 334
total
-
-
-
97 067
Employee

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

43 758
-
162 670
-
pensions
6 783
-
25 214
-
unemployment
62
-
227
-
income
7 546
-
40 576
-
health
2 826
-
10 508
-
total
17 217
-
76 525
-
Employer

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

43 758
-
162 670
-
health
2 914
-
10 835
-
pensions
3 872
-
14 395
-
unemployment
26
-
98
-
total
6 812
-
25 328
-
Corporate
137 430
188 000
-
-
income
26 111
35 720
-
-
total
26 111
35 720
-
-
Dividends
111 318
152 280
-
-
withholding
16 698
22 842
-
-
total
16 698
22 842
-
-
Income
188 000
188 000
188 000
188 000
Total tax
66 838
58 562
101 853
97 067
After tax
121 162
129 438
86 147
90 933
Living cost
26 542
26 542
26 542
26 542
Free-cash
94 620
102 896
59 605
64 391

Estimated living cost  is ₽26542 per week

₽18215
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1701
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6112
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67784
₽16418
₽83328
₽127198
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
36 645
social contributions
-
-
-
21 432
total
-
-
-
58 077
Employee
66 811
-
-
-
social contributions
5 479
-
781
-
income
14 737
-
-
-
total
20 216
-
781
-
Employer
66 811
-
-
-
social contributions
94 203
-
13 426
-
total
94 203
-
13 426
-
Corporate
26 986
188 000
-
-
income
5 937
41 360
-
-
total
5 937
41 360
-
-
Dividends
21 049
146 640
-
-
income
4 631
32 261
-
-
total
4 631
32 261
-
-
Income
188 000
188 000
188 000
188 000
Total tax
124 987
73 621
14 207
58 077
After tax
63 013
114 379
173 793
129 923
Living cost
46 595
46 595
46 595
46 595
Free-cash
16 418
67 784
127 198
83 328

Estimated living cost  is ₽46595 per week

₽30233
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4382
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽594
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11386
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75894
₽74900
₽68766
₽54511
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
22 865
surtax
-
-
-
-
social contributions

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

-
-
-
65 330
total
-
-
-
88 195
Employee
45 511
-
151 919
-
social contributions
5 006
-
16 711
-
income
9 466
-
49 658
-
surtax
-
-
-
-
total
14 472
-
66 369
-
Employer
45 511
-
151 919
-
social contributions
10 809
-
36 081
-
total
10 809
-
36 081
-
Corporate
131 680
188 000
-
-
income
27 653
39 480
-
-
surtax
-
-
-
-
total
27 653
39 480
-
-
Dividends
104 027
148 520
-
-
withholding
29 127
41 587
-
-
total
29 127
41 587
-
-
Income
188 000
188 000
188 000
188 000
Total tax
82 061
81 067
102 450
88 195
After tax
105 939
106 933
85 550
99 805
Living cost
31 039
31 039
31 039
31 039
Free-cash
74 900
75 894
54 511
68 766

Estimated living cost  is ₽31039 per week

₽23223
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1831
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽518
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5466
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46960
₽53761
₽57928
₽53962
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
30 499
health
-
-
-
8 377
surtax
-
-
-
-
pensions
-
-
-
32 217
other
-
-
-
5 829
social contributions
-
-
-
5 357
total
-
-
-
82 279
Employee
61 977
-
144 913
-
pensions
7 010
-
10 321
-
social contributions
1 765
-
4 129
-
income
5 408
-
28 708
-
surtax
-
-
-
-
total
14 183
-
43 158
-
Employer
61 977
-
144 913
-
social contributions
186
-
436
-
health
4 338
-
13 696
-
pensions
10 183
-
17 331
-
other
2 139
-
5 756
-
unemployment
2 511
-
5 868
-
total
19 357
-
43 087
-
Corporate
106 667
188 000
-
-
income
29 867
52 639
-
-
surtax
-
-
-
-
total
29 867
52 639
-
-
Dividends
76 800
135 361
-
-
social contributions
13 209
23 281
-
-
surtax
-
-
-
-
withholding
9 830
17 327
-
-
total
23 039
40 608
-
-
Income
188 000
188 000
188 000
188 000
Total tax
86 446
93 247
86 245
82 279
After tax
101 554
94 753
101 755
105 721
Living cost
47 793
47 793
47 793
47 793
Free-cash
53 761
46 960
53 962
57 928

Estimated living cost  is ₽47793 per week

₽32346
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3910
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽655
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10882
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽139454
₽136131
₽108239
₽113233
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 655
social contributions
-
-
-
41 361
total
-
-
-
50 016
Employee
31 813
-
162 769
-
social contributions
2 067
-
10 580
-
income
-
-
9 211
-
total
2 067
-
19 791
-
Employer
31 813
-
162 769
-
social contributions
4 931
-
25 231
-
total
4 931
-
25 231
-
Corporate
151 256
188 000
-
-
income
15 126
18 801
-
-
total
15 126
18 801
-
-
Dividends
136 130
169 199
-
-
total
-
-
-
-
Income
188 000
188 000
188 000
188 000
Total tax
22 124
18 801
45 022
50 016
After tax
165 876
169 199
142 978
137 984
Living cost
29 745
29 745
29 745
29 745
Free-cash
136 131
139 454
113 233
108 239

Estimated living cost  is ₽29745 per week

₽19233
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2242
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽560
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7710
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽27117
-₽27117
₽62513
-₽27117
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
39 580
national
-
-
-
22 529
labour market
-
-
-
14 972
pensions
-
-
-
856
total
-
-
-
77 937
Employee
200 696
200 696
200 696
-
national
24 519
24 519
24 519
-
pensions
285
285
285
-
municipal
42 737
42 737
42 737
-
labour market
16 033
16 033
16 033
-
total
83 574
83 574
83 574
-
Employer
200 696
200 696
200 696
-
municipal
42 805
42 805
42 805
-
labour market
16 056
16 056
16 056
-
national
24 561
24 561
24 561
-
pensions
571
571
571
-
total
83 993
83 993
83 993
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
188 000
188 000
188 000
188 000
Total tax
167 567
167 567
167 567
77 937
After tax
20 433
20 433
20 433
110 063
Living cost
47 550
47 550
47 550
47 550
Free-cash
-27 117
-27 117
-27 117
62 513

Estimated living cost  is ₽47550 per week

₽32544
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4206
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽731
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10068
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6129
₽11952
₽107108
₽81270
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
249
income
-
-
-
52 672
health
-
-
-
2 149
pensions
-
-
-
4 100
other
-
-
-
365
total
-
-
-
59 535
Employee
33 596
-
170 135
-
pensions
3 783
-
7 517
-
income
4 609
-
40 512
-
health
3 847
-
19 480
-
total
12 239
-
67 509
-
Employer
33 596
-
170 135
-
pensions
5 463
-
10 855
-
accident
561
-
2 841
-
unemployment
823
-
4 168
-
total
6 847
-
17 864
-
Corporate
147 557
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.

132 801
169 200
-
-
total
132 801
169 200
-
-
Dividends
14 756
18 800
-
-
withholding
2 804
3 572
-
-
total
2 804
3 572
-
-
Income
188 000
188 000
188 000
188 000
Total tax
154 691
172 772
85 373
59 535
After tax
33 309
15 228
102 627
128 465
Living cost
21 357
21 357
21 357
21 357
Free-cash
11 952
-6 129
81 270
107 108

Estimated living cost  is ₽21357 per week

₽15546
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1217
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽401
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4193
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78964
₽81780
₽81276
₽59743
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
33 394
national
-
-
-
32 857
health
-
-
-
2 482
total
-
-
-
68 733
Employee
52 062
-
158 156
-
national
860
-
19 596
-
pensions
3 513
-
10 675
-
unemployment
781
-
2 372
-
municipal
8 527
-
25 756
-
health
389
-
2 022
-
total
14 070
-
60 421
-
Employer
52 062
-
158 156
-
health
400
-
1 219
-
pensions
9 032
-
27 441
-
accident
53
-
158
-
unemployment
338
-
1 027
-
total
9 823
-
29 845
-
Corporate
126 115
188 000
-
-
income
25 223
37 600
-
-
total
25 223
37 600
-
-
Dividends

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

75 669
112 800
-
-
municipal
13 620
20 303
-
-
national
5 493
13 142
-
-
total
19 113
33 445
-
-
Income
188 000
188 000
188 000
188 000
Total tax
68 229
71 045
90 266
68 733
After tax
119 771
116 955
97 734
119 267
Living cost
37 991
37 991
37 991
37 991
Free-cash
81 780
78 964
59 743
81 276

Estimated living cost  is ₽37991 per week

₽24816
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3654
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽605
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8918
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽114192
₽108806
₽104901
₽103286
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
39 384
health
-
-
-
4 794
social contributions
-
-
-
16 010
total
-
-
-
60 188
Employee
76 091
76 091
176 222
-
social contributions
2 877
6 315
8 518
-
income
8 285
7 044
38 512
-
health
590
1 294
2 995
-
total
11 752
14 653
50 025
-
Employer
76 091
76 091
176 222
-
social contributions
2 877
6 315
8 518
-
health
640
1 408
3 260
-
total
3 517
7 723
11 778
-
Corporate
149 821
104 186
-
-
income
18 728
13 023
-
-
total
18 728
13 023
-
-
Dividends
131 093
91 163
-
-
withholding
22 286
15 498
-
-
total
22 286
15 498
-
-
Income
188 000
188 000
188 000
188 000
Total tax
56 283
50 897
61 803
60 188
After tax
131 717
137 103
126 197
127 812
Living cost
22 911
22 911
22 911
22 911
Free-cash
108 806
114 192
103 286
104 901

Estimated living cost  is ₽22911 per week

₽13731
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2248
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽507
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6426
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽139974
₽134937
₽143146
₽123297
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
28
income
-
-
-
19 240
health
-
-
-
3 581
pensions
-
-
-
6 294
total
-
-
-
29 143
Employee

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

22 713
-
178 329
-
pensions
3 406
-
14 084
-
unemployment
113
-
469
-
income
1 553
-
16 788
-
health
1 930
-
7 981
-
total
7 002
-
39 322
-
Employer

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

22 713
-
178 329
-
health
976
-
4 037
-
pensions
1 249
-
5 164
-
unemployment
113
-
469
-
total
2 338
-
9 670
-
Corporate
162 949
188 000
-
-
income
14 666
16 919
-
-
total
14 666
16 919
-
-
Dividends
148 283
171 081
-
-
withholding
13 346
15 396
-
-
total
13 346
15 396
-
-
Income
188 000
188 000
188 000
188 000
Total tax
37 352
32 315
48 992
29 143
After tax
150 648
155 685
139 008
158 857
Living cost
15 711
15 711
15 711
15 711
Free-cash
134 937
139 974
123 297
143 146

Estimated living cost  is ₽15711 per week

₽10024
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1132
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4086
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97938
₽93568
₽78142
₽73988
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
642
accident
-
-
-
826
income
-
-
-
55 132
pensions
-
-
-
25 955
other
-
-
-
92
total
-
-
-
82 647
Employee
36 589
-
158 760
-
pensions
1 720
-
4 312
-
unemployment
567
-
1 422
-
income
7 054
-
51 735
-
other
36
-
92
-
total
9 377
-
57 561
-
Employer
36 589
-
158 760
-
pensions
8 634
-
21 646
-
accident
725
-
1 816
-
other
293
-
734
-
unemployment
2 013
-
5 044
-
total
11 665
-
29 240
-
Corporate
139 746
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.

20 962
28 199
-
-
total
20 962
28 199
-
-
Dividends
118 784
159 801
-
-
withholding
25 217
34 652
-
-
total
25 217
34 652
-
-
Income
188 000
188 000
188 000
188 000
Total tax
67 221
62 851
86 801
82 647
After tax
120 779
125 149
101 199
105 353
Living cost
27 211
27 211
27 211
27 211
Free-cash
93 568
97 938
73 988
78 142

Estimated living cost  is ₽27211 per week

₽18367
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2616
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5752
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽115638
₽115365
₽119543
₽119425
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
64 677
health
-
-
-
885
pensions
-
-
-
1 221
total
-
-
-
66 783
Employee
2 549
-
186 627
-
pensions
229
-
549
-
unemployment
25
-
61
-
income
493
-
64 613
-
health
127
-
305
-
total
874
-
65 528
-
Employer
2 549
-
186 627
-
health
242
-
580
-
pensions
280
-
671
-
unemployment
51
-
122
-
total
573
-
1 373
-
Corporate
184 877
188 000
-
-
income
40 673
41 360
-
-
total
40 673
41 360
-
-
Dividends
144 204
146 640
-
-
withholding
28 841
29 328
-
-
total
28 841
29 328
-
-
Income
188 000
188 000
188 000
188 000
Total tax
70 961
70 688
66 901
66 783
After tax
117 039
117 312
121 099
121 217
Living cost
1 674
1 674
1 674
1 674
Free-cash
115 365
115 638
119 425
119 543

Estimated living cost  is ₽1674 per week

₽995
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽136
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽38
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽505
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽118723
₽113855
₽100390
₽100391
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
1 097
income
-
-
-
42 868
health
-
-
-
7 530
pensions
-
-
-
19 008
total
-
-
-
70 503
Employee

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

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

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

25 797
-
174 914
-
pensions
3 612
-
10 235
-
unemployment
193
-
548
-
income
3 556
-
42 868
-
health
1 329
-
3 765
-
total
8 690
-
57 416
-
Employer

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

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

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

25 797
-
174 914
-
health
1 329
-
3 765
-
pensions
3 096
-
8 773
-
unemployment
193
-
548
-
total
4 618
-
13 086
-
Corporate
157 586
188 000
-
-
income
23 638
28 200
-
-
total
23 638
28 200
-
-
Dividends
133 948
159 800
-
-
withholding
20 092
23 970
-
-
total
20 092
23 970
-
-
Income
188 000
188 000
188 000
188 000
Total tax
57 038
52 170
70 502
70 503
After tax
130 962
135 830
117 498
117 497
Living cost
17 107
17 107
17 107
17 107
Free-cash
113 855
118 723
100 391
100 390

Estimated living cost  is ₽17107 per week

₽11518
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1323
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.
₽3771
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Belgrade model

Close
Porto , Portugal
₽80256
₽79901
₽73128
₽58873
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
22 865
surtax
-
-
-
-
social contributions

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

-
-
-
65 330
total
-
-
-
88 195
Employee
38 406
-
151 919
-
social contributions
4 225
-
16 711
-
income
7 504
-
49 658
-
surtax
-
-
-
-
total
11 729
-
66 369
-
Employer
38 406
-
151 919
-
social contributions
9 121
-
36 081
-
total
9 121
-
36 081
-
Corporate
140 473
188 000
-
-
income
29 499
39 480
-
-
surtax
-
-
-
-
total
29 499
39 480
-
-
Dividends
110 974
148 520
-
-
withholding
31 073
41 587
-
-
total
31 073
41 587
-
-
Income
188 000
188 000
188 000
188 000
Total tax
81 422
81 067
102 450
88 195
After tax
106 578
106 933
85 550
99 805
Living cost
26 677
26 677
26 677
26 677
Free-cash
79 901
80 256
58 873
73 128

Estimated living cost  is ₽26677 per week

₽18895
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1853
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.
₽5457
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90372
₽83897
₽70576
₽66422
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
642
accident
-
-
-
826
income
-
-
-
55 132
pensions
-
-
-
25 955
other
-
-
-
92
total
-
-
-
82 647
Employee
47 790
-
158 760
-
pensions
2 246
-
4 312
-
unemployment
740
-
1 422
-
income
9 982
-
51 735
-
other
47
-
92
-
total
13 015
-
57 561
-
Employer
47 790
-
158 760
-
pensions
11 278
-
21 646
-
accident
946
-
1 816
-
other
383
-
734
-
unemployment
2 629
-
5 044
-
total
15 236
-
29 240
-
Corporate
124 973
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.

18 746
28 199
-
-
total
18 746
28 199
-
-
Dividends
106 227
159 801
-
-
withholding
22 329
34 652
-
-
total
22 329
34 652
-
-
Income
188 000
188 000
188 000
188 000
Total tax
69 326
62 851
86 801
82 647
After tax
118 674
125 149
101 199
105 353
Living cost
34 777
34 777
34 777
34 777
Free-cash
83 897
90 372
66 422
70 576

Estimated living cost  is ₽34777 per week

₽24975
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2704
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6608
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽143826
₽137835
₽133716
₽141248
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
137
income
-
-
-
28 200
health
-
-
-
3 950
pensions

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

-
-
-
5 083
total
-
-
-
37 370
Employee
22 396
-
181 262
-
pensions

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

1 966
-
3 016
-
income
2 240
-
18 126
-
health
1 030
-
1 580
-
accident

We are using the highest rate at 1.1%.

246
-
378
-
total
5 482
-
23 100
-
Employer
22 396
-
181 262
-
health
1 545
-
2 370
-
pensions

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

2 468
-
3 784
-
accident

We are using the highest rate at 1.1%.

246
-
378
-
unemployment
135
-
206
-
total
4 394
-
6 738
-
Corporate
161 210
188 000
-
-
income
16 121
18 800
-
-
total
16 121
18 800
-
-
Dividends
145 089
169 200
-
-
withholding
7 254
8 460
-
-
total
7 254
8 460
-
-
Income
188 000
188 000
188 000
188 000
Total tax
33 251
27 260
29 838
37 370
After tax
154 749
160 740
158 162
150 630
Living cost
16 914
16 914
16 914
16 914
Free-cash
137 835
143 826
141 248
133 716

Estimated living cost  is ₽16914 per week

₽11187
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽968
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽404
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4356
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58530
₽71475
₽59748
₽80124
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
20 376
income

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

-
-
-
59 632
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.

-
-
-
6 760
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.

-
-
-
3 281
total
-
-
-
90 049
Employee

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

49 236
-
188 000
-
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.

4 049
-
59 632
-
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.

223
-
3 281
-
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.

6 760
-
6 760
-
total
11 032
-
69 673
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
138 764
188 000
-
-
income
20 814
28 199
-
-
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.

1 145
1 551
-
-
trade
19 913
26 979
-
-
chamber of commerce
353
426
-
-
total
42 225
57 155
-
-
Dividends
96 539
130 844
-
-
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.

1 307
1 778
-
-
withholding
23 758
32 334
-
-
total
25 065
34 112
-
-
Income
188 000
188 000
188 000
188 000
Total tax
78 322
91 267
69 673
90 049
After tax
109 678
96 733
118 327
97 951
Living cost
38 203
38 203
38 203
38 203
Free-cash
71 475
58 530
80 124
59 748

Estimated living cost  is ₽38203 per week

₽26354
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4111
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.
₽7185
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75233
₽77415
₽41105
₽41105
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
58 844
social contributions
-
-
-
31 683
total
-
-
-
90 527
Employee
77 404
-
188 000
-
social contributions
6 431
-
31 683
-
income
14 606
-
58 844
-
total
21 037
-
90 527
-
Employer
77 404
-
188 000
-
total
-
-
-
-
Corporate
110 596
188 000
-
-
income
13 825
23 499
-
-
total
13 825
23 499
-
-
Dividends
96 771
164 501
-
-
withholding
19 355
32 900
-
-
total
19 355
32 900
-
-
Income
188 000
188 000
188 000
188 000
Total tax
54 217
56 399
90 527
90 527
After tax
133 783
131 601
97 473
97 473
Living cost
56 368
56 368
56 368
56 368
Free-cash
77 415
75 233
41 105
41 105

Estimated living cost  is ₽56368 per week

₽42884
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4593
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8353
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details 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
₽81053
₽84510
₽117793
₽96915
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 199
health

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

-
-
-
6 088
total
-
-
-
34 287
Employee
45 394
-
183 448
-
social contributions
4 548
-
4 552
-
income
4 926
-
46 061
-
total
9 474
-
50 613
-
Employer
45 394
-
183 448
-
social contributions
4 548
-
4 552
-
total
4 548
-
4 552
-
Corporate
138 058
188 000
-
-
income
48 320
65 799
-
-
total
48 320
65 799
-
-
Dividends
89 737
122 201
-
-
social contributions
5 228
5 228
-
-
total
5 228
5 228
-
-
Income
188 000
188 000
188 000
188 000
Total tax
67 570
71 027
55 165
34 287
After tax
120 430
116 973
132 835
153 713
Living cost
35 920
35 920
35 920
35 920
Free-cash
84 510
81 053
96 915
117 793

Estimated living cost  is ₽35920 per week

₽23661
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2832
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽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 Sliema model

Close
Edinburgh , United Kingdom
₽84745
₽90633
₽86773
₽69827
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
55 097
pensions
-
-
-
9 203
total
-
-
-
64 300
Employee
50 688
-
164 109
-
pensions
3 869
-
11 223
-
income
9 231
-
43 802
-
health
661
-
2 330
-
total
13 761
-
57 355
-
Employer
50 688
-
164 109
-
health
963
-
3 118
-
pensions
5 121
-
20 773
-
total
6 084
-
23 891
-
Corporate
131 228
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.

24 933
35 721
-
-
total
24 933
35 721
-
-
Dividends
106 295
152 279
-
-
withholding
15 662
30 607
-
-
total
15 662
30 607
-
-
Income
188 000
188 000
188 000
188 000
Total tax
60 440
66 328
81 246
64 300
After tax
127 560
121 672
106 754
123 700
Living cost
36 927
36 927
36 927
36 927
Free-cash
90 633
84 745
69 827
86 773

Estimated living cost  is ₽36927 per week

₽25332
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3396
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.
₽7735
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽8244
₽11628
₽104993
₽79155
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
249
income
-
-
-
52 672
health
-
-
-
2 149
pensions
-
-
-
4 100
other
-
-
-
365
total
-
-
-
59 535
Employee
36 922
-
170 135
-
pensions
4 157
-
7 517
-
income
5 065
-
40 512
-
health
4 227
-
19 480
-
total
13 449
-
67 509
-
Employer
36 922
-
170 135
-
pensions
6 003
-
10 855
-
accident
617
-
2 841
-
unemployment
904
-
4 168
-
total
7 524
-
17 864
-
Corporate
143 554
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.

129 199
169 200
-
-
total
129 199
169 200
-
-
Dividends
14 355
18 800
-
-
withholding
2 728
3 572
-
-
total
2 728
3 572
-
-
Income
188 000
188 000
188 000
188 000
Total tax
152 900
172 772
85 373
59 535
After tax
35 100
15 228
102 627
128 465
Living cost
23 472
23 472
23 472
23 472
Free-cash
11 628
-8 244
79 155
104 993

Estimated living cost  is ₽23472 per week

₽17226
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1368
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.
₽4405
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽130458
₽140210
₽99928
₽121680
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
1 898
health insurance
-
-
-
11 707
income
-
-
-
31 204
work injury
-
-
-
791
pensions
-
-
-
29 110
total
-
-
-
74 710
Employee

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

21 380
-
188 000
-
work injury
107
-
396
-
pensions
3 934
-
14 555
-
unemployment
257
-
949
-
income
2 138
-
31 204
-
health insurance
1 582
-
5 854
-
total
8 018
-
52 958
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
166 620
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%.

1 666
18 800
-
-
total
1 666
18 800
-
-
Dividends
164 954
169 200
-
-
withholding
24 743
25 380
-
-
total
24 743
25 380
-
-
Income
188 000
188 000
188 000
188 000
Total tax
34 427
44 180
52 958
74 710
After tax
153 573
143 820
135 042
113 290
Living cost
13 362
13 362
13 362
13 362
Free-cash
140 210
130 458
121 680
99 928

Estimated living cost  is ₽13362 per week

₽8278
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽971
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽417
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3696
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59603
₽55103
₽47401
₽39150
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 256
national
-
-
-
47 246
regional
-
-
-
4 322
social contributions
-
-
-
48 354
total
-
-
-
101 178
Employee
83 385
-
188 000
-
national
14 091
-
41 079
-
social contributions
28 117
-
63 394
-
municipal
498
-
1 121
-
regional
1 259
-
3 835
-
total
43 965
-
109 429
-
Employer
83 385
-
188 000
-
total
-
-
-
-
Corporate
104 615
188 000
-
-
municipal
5 042
9 062
-
-
nationa
25 109
45 121
-
-
total
30 151
54 183
-
-
Dividends
74 465
133 817
-
-
withholding
19 360
34 793
-
-
total
19 360
34 793
-
-
Income
188 000
188 000
188 000
188 000
Total tax
93 476
88 976
109 429
101 178
After tax
94 524
99 024
78 571
86 822
Living cost
39 421
39 421
39 421
39 421
Free-cash
55 103
59 603
39 150
47 401

Estimated living cost  is ₽39421 per week

₽27691
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.
₽595
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8422
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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