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
₽64787
₽88334
₽65979
₽75748
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
59 609
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.

-
-
-
3 279
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.

-
-
-
6 769
trade
-
-
-
22 355
total
-
-
-
92 012
Employee

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

37 895
-
188 000
-
surtax

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

58
-
3 279
-
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.

1 059
-
59 609
-
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.

6 769
-
6 769
-
total
7 886
-
69 657
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
150 105
188 000
-
-
income
22 515
28 201
-
-
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
-
-
chamber of commerce
367
421
-
-
trade
23 641
29 611
-
-
total
47 762
59 784
-
-
Dividends
102 344
128 217
-
-
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.

1 386
1 743
-
-
withholding
25 209
31 677
-
-
total
26 595
33 420
-
-
Income
188 000
188 000
188 000
188 000
Total tax
82 243
93 204
69 657
92 012
After tax
105 757
94 796
118 343
95 988
Living cost
30 009
30 009
30 009
30 009
Free-cash
75 748
64 787
88 334
65 979

Estimated living cost  is ₽30009 per week

₽18877
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3499
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.
₽7073
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64825
₽58874
₽57865
₽63952
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
188 000
social contributions
-
-
-
2 021
municipal
-
-
-
20 635
national
-
-
-
32 432
pensions
-
-
-
22 560
total
-
-
-
77 648
Employee
81 365
-
162 524
-
municipal
10 050
-
21 363
-
pensions
3 255
-
6 501
-
national
15 573
-
34 026
-
total
28 878
-
61 890
-
Employer
81 365
-
162 524
-
pensions
6 509
-
13 002
-
social contributions
875
-
1 747
-
total
7 384
-
14 749
-
Corporate
93 881
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%.

18 776
37 600
-
-
total
18 776
37 600
-
-
Dividends
75 105
150 400
-
-
withholding
16 523
33 088
-
-
total
16 523
33 088
-
-
Income
188 000
188 000
188 000
188 000
Total tax
71 561
70 688
76 639
77 648
After tax
116 439
117 312
111 361
110 352
Living cost
52 487
52 487
52 487
52 487
Free-cash
63 952
64 825
58 874
57 865

Estimated living cost  is ₽52487 per week

₽35675
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4879
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽786
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11148
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽129789
₽59289
₽45423
₽121660
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
36 065
surtax
-
-
-
47 940
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.

-
-
-
37 960
microenterprise
-
-
-
-
total
-
-
-
121 965
Employee
28 951
-
143 743
-
surtax
-
-
20 843
-
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.

3 185
-
12 988
-
income
5 154
-
30 011
-
total
8 339
-
63 842
-
Employer
28 951
-
143 743
-
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.

6 974
-
28 445
-
surtax
-
-
15 812
-
total
6 974
-
44 257
-
Corporate
152 076
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%.

30 415
37 599
-
-
total
30 415
37 599
-
-
Dividends

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

121 661
150 401
-
-
total
-
-
-
-
Income
188 000
188 000
188 000
188 000
Total tax
45 728
37 599
108 099
121 965
After tax
142 272
150 401
79 901
66 035
Living cost
20 612
20 612
20 612
20 612
Free-cash
121 660
129 789
59 289
45 423

Estimated living cost  is ₽20612 per week

₽13150
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1963
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.
₽5031
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51775
₽77415
₽61349
₽45702
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
61 321
health
-
-
-
12 217
pensions
-
-
-
11 608
total
-
-
-
85 146
Employee
84 607
84 607
169 588
-
pensions
15 229
11 608
11 608
-
income

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

13 849
13 849
26 843
-
health
12 986
11 046
12 217
-
total
42 064
36 503
50 668
-
Employer
84 607
84 607
169 588
-
health
5 881
5 881
7 308
-
pensions
5 889
5 889
7 319
-
unemployment
3 046
3 046
3 785
-
total
14 816
14 816
18 412
-
Corporate
89 615
88 577
-
-
income
17 924
17 715
-
-
total
17 924
17 715
-
-
Dividends
71 691
70 862
-
-
income
15 235
15 058
-
-
withholding
10 755
10 629
-
-
total
25 990
25 687
-
-
Income
188 000
188 000
188 000
188 000
Total tax
100 794
94 721
69 080
85 146
After tax
87 206
93 279
118 920
102 854
Living cost
41 504
41 504
41 504
41 504
Free-cash
45 702
51 775
77 415
61 349

Estimated living cost  is ₽41504 per week

₽29413
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3742
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽660
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7690
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61892
₽54293
₽55282
₽60978
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
179
other
-
-
-
10 379
unemployment
-
-
-
89
health
-
-
-
5 574
municipal
-
-
-
48 345
national
-
-
-
17 740
pensions
-
-
-
9 656
total
-
-
-
91 962
Employee
58 073
-
159 935
-
municipal
17 317
-
47 693
-
national
-
-
17 193
-
total
17 317
-
64 886
-
Employer
58 073
-
159 935
-
health
3 571
-
5 493
-
pensions
6 278
-
9 656
-
accident
116
-
179
-
unemployment
1 533
-
2 358
-
other
6 748
-
10 379
-
total
18 246
-
28 065
-
Corporate
111 680
188 000
-
-
income
24 570
41 360
-
-
total
24 570
41 360
-
-
Dividends
87 111
146 640
-
-
withholding
26 133
43 992
-
-
total
26 133
43 992
-
-
Income
188 000
188 000
188 000
188 000
Total tax
86 266
85 352
92 951
91 962
After tax
101 734
102 648
95 049
96 038
Living cost
40 756
40 756
40 756
40 756
Free-cash
60 978
61 892
54 293
55 282

Estimated living cost  is ₽40756 per week

₽27011
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3999
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽619
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9126
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54909
₽79422
₽56074
₽68830
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
59 609
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.

-
-
-
3 279
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.

-
-
-
6 769
trade
-
-
-
23 348
total
-
-
-
93 005
Employee

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

50 244
-
188 000
-
surtax

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

237
-
3 279
-
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.

4 317
-
59 609
-
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.

6 769
-
6 769
-
total
11 323
-
69 657
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
137 756
188 000
-
-
income
20 663
28 201
-
-
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
-
-
chamber of commerce
346
417
-
-
trade
22 662
30 927
-
-
total
44 807
61 096
-
-
Dividends
92 950
126 904
-
-
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
22 861
31 350
-
-
total
24 119
33 074
-
-
Income
188 000
188 000
188 000
188 000
Total tax
80 249
94 170
69 657
93 005
After tax
107 751
93 830
118 343
94 995
Living cost
38 921
38 921
38 921
38 921
Free-cash
68 830
54 909
79 422
56 074

Estimated living cost  is ₽38921 per week

₽26031
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4104
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽581
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8205
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽104970
₽94073
₽95689
₽100861
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
39 352
social contributions
-
-
-
16 030
health
-
-
-
4 794
total
-
-
-
60 176
Employee
76 185
76 185
176 211
-
social contributions
3 702
6 323
8 528
-
income
8 000
7 052
38 481
-
health
758
1 295
2 995
-
total
12 460
14 670
50 004
-
Employer
76 185
76 185
176 211
-
health
825
1 410
3 260
-
social contributions
3 702
6 323
8 528
-
total
4 527
7 733
11 788
-
Corporate
138 877
104 082
-
-
income
17 360
13 011
-
-
total
17 360
13 011
-
-
Dividends
121 518
91 071
-
-
withholding
20 657
15 481
-
-
total
20 657
15 481
-
-
Income
188 000
188 000
188 000
188 000
Total tax
55 004
50 895
61 792
60 176
After tax
132 996
137 105
126 208
127 824
Living cost
32 135
32 135
32 135
32 135
Free-cash
100 861
104 970
94 073
95 689

Estimated living cost  is ₽32135 per week

₽21968
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2510
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7118
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87451
₽90852
₽112105
₽87829
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
22 983
unemployment
-
-
-
2 820
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.

26 173
10 417
157 322
-
unemployment
393
156
2 360
-
pensions
2 617
1 042
15 732
-
income
3 200
1 273
19 233
-
health
1 832
729
11 013
-
total
8 042
3 200
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.

26 173
10 417
157 322
-
pensions
5 104
2 031
30 678
-
total
5 104
2 031
30 678
-
Corporate
156 723
175 552
-
-
income
14 105
15 800
-
-
total
14 105
15 800
-
-
Dividends
142 618
159 752
-
-
social contributions
27 691
31 033
-
-
withholding
27 097
30 353
-
-
total
54 788
61 386
-
-
Income
188 000
188 000
188 000
188 000
Total tax
82 039
82 417
79 016
57 763
After tax
105 961
105 583
108 984
130 237
Living cost
18 132
18 132
18 132
18 132
Free-cash
87 829
87 451
90 852
112 105

Estimated living cost  is ₽18132 per week

₽12373
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1484
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽362
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3913
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽126470
₽84429
₽76836
₽120314
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
25 192
health
-
-
-
24 440
pensions
-
-
-
37 601
total
-
-
-
87 233
Employee
28 106
-
140 509
-
unemployment
449
-
2 249
-
pensions
562
-
2 811
-
income
3 164
-
27 089
-
total
4 175
-
32 149
-
Employer
28 106
-
140 509
-
health
3 653
-
18 266
-
pensions
5 622
-
28 101
-
unemployment
226
-
1 124
-
total
9 501
-
47 491
-
Corporate
150 393
188 000
-
-
income
30 079
37 599
-
-
total
30 079
37 599
-
-
Dividends
120 314
150 401
-
-
total
-
-
-
-
Income
188 000
188 000
188 000
188 000
Total tax
43 755
37 599
79 640
87 233
After tax
144 245
150 401
108 360
100 767
Living cost
23 931
23 931
23 931
23 931
Free-cash
120 314
126 470
84 429
76 836

Estimated living cost  is ₽23931 per week

₽16414
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1425
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.
₽5610
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6831
₽80458
₽106417
₽11846
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
253
income
-
-
-
52 540
other
-
-
-
372
health
-
-
-
2 187
pensions
-
-
-
4 172
total
-
-
-
59 524
Employee
34 699
-
169 951
-
pensions
3 907
-
7 650
-
income
4 760
-
40 324
-
health
3 973
-
19 460
-
total
12 640
-
67 434
-
Employer
34 699
-
169 951
-
pensions
5 642
-
11 047
-
accident
579
-
2 838
-
unemployment
850
-
4 164
-
total
7 071
-
18 049
-
Corporate
146 229
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.

131 606
169 200
-
-
total
131 606
169 200
-
-
Dividends
14 623
18 800
-
-
withholding
2 778
3 572
-
-
total
2 778
3 572
-
-
Income
188 000
188 000
188 000
188 000
Total tax
154 095
172 772
85 483
59 524
After tax
33 905
15 228
102 517
128 476
Living cost
22 059
22 059
22 059
22 059
Free-cash
11 846
-6 831
80 458
106 417

Estimated living cost  is ₽22059 per week

₽16167
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1222
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4209
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽170494
₽142294
₽178014
₽168975
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
10 133
-
188 000
-
income
2 026
-
37 600
-
total
2 026
-
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%.

177 867
188 000
-
-
total
-
-
-
-
Dividends
177 867
188 000
-
-
withholding
8 893
9 400
-
-
total
8 893
9 400
-
-
Income
188 000
188 000
188 000
188 000
Total tax
10 919
9 400
37 600
1 880
After tax
177 081
178 600
150 400
186 120
Living cost
8 106
8 106
8 106
8 106
Free-cash
168 975
170 494
142 294
178 014

Estimated living cost  is ₽8106 per week

₽5024
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽674
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽223
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2186
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽111723
₽79825
₽81335
₽105032
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
30 321
other
-
-
-
7 156
health
-
-
-
6 629
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.

-
-
-
36 159
total
-
-
-
80 265
Employee
35 974
-
150 158
-
unemployment
359
-
1 502
-
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.

2 518
-
10 512
-
income
6 193
-
29 818
-
health
504
-
2 102
-
total
9 574
-
43 934
-
Employer
35 974
-
150 158
-
health
504
-
2 102
-
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.

6 116
-
25 527
-
accident
288
-
1 201
-
unemployment
359
-
1 502
-
other
1 799
-
7 509
-
total
9 066
-
37 841
-
Corporate
142 960
188 000
-
-
income
30 022
39 480
-
-
total
30 022
39 480
-
-
Dividends
112 938
148 520
-
-
withholding
7 906
10 397
-
-
total
7 906
10 397
-
-
Income
188 000
188 000
188 000
188 000
Total tax
56 568
49 877
81 775
80 265
After tax
131 432
138 123
106 225
107 735
Living cost
26 400
26 400
26 400
26 400
Free-cash
105 032
111 723
79 825
81 335

Estimated living cost  is ₽26400 per week

₽18653
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1782
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽425
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5539
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55540
₽40671
₽57607
₽61311
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
55 237
pensions
-
-
-
9 163
total
-
-
-
64 400
Employee
93 370
-
164 098
-
pensions
9 008
-
11 166
-
income
16 831
-
43 945
-
health
1 539
-
2 323
-
total
27 378
-
57 434
-
Employer
93 370
-
164 098
-
health
1 773
-
3 118
-
pensions
11 024
-
20 784
-
total
12 797
-
23 902
-
Corporate
81 832
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.

15 549
35 720
-
-
total
15 549
35 720
-
-
Dividends
66 284
152 280
-
-
withholding
4 972
30 747
-
-
total
4 972
30 747
-
-
Income
188 000
188 000
188 000
188 000
Total tax
60 696
66 467
81 336
64 400
After tax
127 304
121 533
106 664
123 600
Living cost
65 993
65 993
65 993
65 993
Free-cash
61 311
55 540
40 671
57 607

Estimated living cost  is ₽65993 per week

₽49450
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7754
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽537
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8254
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽147750
₽145086
₽137570
₽143148
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 200
unemployment
-
-
-
138
health
-
-
-
3 980
pensions

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

-
-
-
5 122
total
-
-
-
37 440
Employee
17 201
-
181 210
-
accident

We are using the highest rate at 1.1%.

189
-
381
-
pensions

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

1 510
-
3 039
-
income
1 720
-
18 121
-
health
791
-
1 592
-
total
4 210
-
23 133
-
Employer
17 201
-
181 210
-
health
1 187
-
2 388
-
pensions

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

1 896
-
3 814
-
accident

We are using the highest rate at 1.1%.

189
-
381
-
unemployment
103
-
208
-
total
3 375
-
6 791
-
Corporate
167 424
188 000
-
-
income
16 743
18 800
-
-
total
16 743
18 800
-
-
Dividends
150 681
169 200
-
-
withholding
7 534
8 460
-
-
total
7 534
8 460
-
-
Income
188 000
188 000
188 000
188 000
Total tax
31 862
27 260
29 924
37 440
After tax
156 138
160 740
158 076
150 560
Living cost
12 990
12 990
12 990
12 990
Free-cash
143 148
147 750
145 086
137 570

Estimated living cost  is ₽12990 per week

₽7584
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽928
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽344
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4135
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38340
₽63981
₽47915
₽40832
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
61 321
health
-
-
-
12 217
pensions
-
-
-
11 608
total
-
-
-
85 146
Employee
91 856
84 607
169 588
-
pensions
11 608
11 608
11 608
-
income

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

13 849
13 849
26 843
-
health
11 460
11 046
12 217
-
total
36 917
36 503
50 668
-
Employer
91 856
84 607
169 588
-
health
6 383
5 881
7 308
-
pensions
6 393
5 889
7 319
-
unemployment
3 307
3 046
3 785
-
total
16 083
14 816
18 412
-
Corporate
80 061
88 577
-
-
income
16 011
17 715
-
-
total
16 011
17 715
-
-
Dividends
64 049
70 862
-
-
income
13 610
15 058
-
-
withholding
9 608
10 629
-
-
total
23 218
25 687
-
-
Income
188 000
188 000
188 000
188 000
Total tax
92 229
94 721
69 080
85 146
After tax
95 771
93 279
118 920
102 854
Living cost
54 939
54 939
54 939
54 939
Free-cash
40 832
38 340
63 981
47 915

Estimated living cost  is ₽54939 per week

₽40527
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4907
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽630
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8876
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽104837
₽75071
₽83117
₽96060
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
19 083
social contributions
-
-
-
35 400
solidarity contribution
-
-
-
419
health
-
-
-
25 380
total
-
-
-
80 282
Employee
36 178
-
144 671
-
solidarity contribution
-
-
-
-
social contributions
2 352
-
7 880
-
income
4 341
-
17 589
-
health
4 884
-
19 531
-
total
11 577
-
45 000
-
Employer
36 178
-
144 671
-
health
3 256
-
13 020
-
social contributions
9 045
-
30 308
-
total
12 301
-
43 328
-
Corporate
139 521
188 000
-
-
income
26 509
35 720
-
-
total
26 509
35 720
-
-
Dividends
113 012
152 280
-
-
withholding
16 952
22 842
-
-
total
16 952
22 842
-
-
Income
188 000
188 000
188 000
188 000
Total tax
67 339
58 562
88 328
80 282
After tax
120 661
129 438
99 672
107 718
Living cost
24 601
24 601
24 601
24 601
Free-cash
96 060
104 837
75 071
83 117

Estimated living cost  is ₽24601 per week

₽17088
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1750
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5279
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58498
₽38763
₽47257
₽53327
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
188 000
social contributions
-
-
-
48 354
regional
-
-
-
2 232
municipal
-
-
-
1 117
national
-
-
-
47 233
total
-
-
-
98 936
Employee
88 053
-
188 000
-
municipal
466
-
996
-
national
15 257
-
41 068
-
regional
831
-
1 973
-
social contributions
29 691
-
63 393
-
total
46 245
-
107 430
-
Employer
88 053
-
188 000
-
total
-
-
-
-
Corporate
99 947
188 000
-
-
municipal
3 898
7 333
-
-
nationa
23 987
45 120
-
-
total
27 885
52 453
-
-
Dividends
72 062
135 547
-
-
withholding
18 736
35 242
-
-
total
18 736
35 242
-
-
Income
188 000
188 000
188 000
188 000
Total tax
92 866
87 695
107 430
98 936
After tax
95 134
100 305
80 570
89 064
Living cost
41 807
41 807
41 807
41 807
Free-cash
53 327
58 498
38 763
47 257

Estimated living cost  is ₽41807 per week

₽29142
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2741
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽641
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9280
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96389
₽60865
₽66922
₽93304
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
54 461
other
-
-
-
-
surtax
-
-
-
8 694
unemployment
-
-
-
226
health
-
-
-
9 388
pensions
-
-
-
26 446
total
-
-
-
99 215
Employee
32 764
-
160 166
-
other
-
-
-
-
unemployment
2 281
-
9 203
-
pensions
2 185
-
8 820
-
surtax
107
-
7 509
-
income
5 492
-
48 534
-
health
837
-
3 371
-
total
10 902
-
77 437
-
Employer
32 764
-
160 166
-
health
1 491
-
6 017
-
pensions
4 368
-
17 627
-
unemployment
1 038
-
4 191
-
other
-
-
-
-
total
6 897
-
27 835
-
Corporate
148 340
188 000
-
-
income
38 568
48 880
-
-
total
38 568
48 880
-
-
Dividends
109 772
139 120
-
-
withholding
16 466
20 868
-
-
total
16 466
20 868
-
-
Income
188 000
188 000
188 000
188 000
Total tax
72 833
69 748
105 272
99 215
After tax
115 167
118 252
82 728
88 785
Living cost
21 863
21 863
21 863
21 863
Free-cash
93 304
96 389
60 865
66 922

Estimated living cost  is ₽21863 per week

₽13368
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2017
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽504
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5973
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76448
₽61579
₽78515
₽82966
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
55 237
pensions
-
-
-
9 163
total
-
-
-
64 400
Employee
62 574
-
164 098
-
pensions
5 311
-
11 166
-
income
11 270
-
43 945
-
health
908
-
2 323
-
total
17 489
-
57 434
-
Employer
62 574
-
164 098
-
health
1 189
-
3 118
-
pensions
6 774
-
20 784
-
total
7 963
-
23 902
-
Corporate
117 464
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.

22 318
35 720
-
-
total
22 318
35 720
-
-
Dividends
95 145
152 280
-
-
withholding
12 179
30 747
-
-
total
12 179
30 747
-
-
Income
188 000
188 000
188 000
188 000
Total tax
59 949
66 467
81 336
64 400
After tax
128 051
121 533
106 664
123 600
Living cost
45 085
45 085
45 085
45 085
Free-cash
82 966
76 448
61 579
78 515

Estimated living cost  is ₽45085 per week

₽33777
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3379
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7456
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽7615
₽64656
₽73149
₽41140
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
3 759
regional
-
-
-
9 545
health
-
-
-
423
city
-
-
-
1 982
national
-
-
-
3 493
pensions
-
-
-
17 296
total
-
-
-
36 498
Employee
91 693
-
168 271
-
unemployment
-
-
-
-
pensions
7 703
-
14 135
-
national
434
-
2 562
-
regional
3 002
-
8 231
-
city
984
-
1 807
-
health
207
-
378
-
total
12 330
-
27 113
-
Employer
91 693
-
168 271
-
health
207
-
378
-
pensions
7 703
-
14 135
-
unemployment
-
-
-
-
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.

1 833
-
3 365
-
total
9 743
-
17 878
-
Corporate
85 555
188 000
-
-
regional
18 095
39 763
-
-
national
7 273
15 980
-
-
total
25 368
55 743
-
-
Dividends
60 187
132 257
-
-
withholding
21 066
46 289
-
-
total
21 066
46 289
-
-
Income
188 000
188 000
188 000
188 000
Total tax
68 507
102 032
44 991
36 498
After tax
119 493
85 968
143 009
151 502
Living cost
78 353
78 353
78 353
78 353
Free-cash
41 140
7 615
64 656
73 149

Estimated living cost  is ₽78353 per week

₽50952
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7031
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽962
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19407
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽47476
₽72956
₽48614
₽63545
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
59 609
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.

-
-
-
3 279
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.

-
-
-
6 769
trade
-
-
-
24 342
total
-
-
-
93 999
Employee

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

59 543
-
188 000
-
surtax

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

385
-
3 279
-
income

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

7 002
-
59 609
-
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.

6 769
-
6 769
-
total
14 156
-
69 657
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
128 457
188 000
-
-
income
19 268
28 201
-
-
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.

1 060
1 551
-
-
chamber of commerce
331
416
-
-
trade
22 030
32 243
-
-
total
42 689
62 411
-
-
Dividends
85 768
125 590
-
-
surtax

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

1 158
1 705
-
-
withholding
21 065
31 021
-
-
total
22 223
32 726
-
-
Income
188 000
188 000
188 000
188 000
Total tax
79 068
95 137
69 657
93 999
After tax
108 932
92 863
118 343
94 001
Living cost
45 387
45 387
45 387
45 387
Free-cash
63 545
47 476
72 956
48 614

Estimated living cost  is ₽45387 per week

₽33149
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3631
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.
₽8019
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60854
₽67880
₽71828
₽66708
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
30 482
other
-
-
-
5 828
surtax
-
-
-
-
social contributions
-
-
-
5 357
health
-
-
-
8 370
pensions
-
-
-
32 238
total
-
-
-
82 275
Employee
42 403
-
144 924
-
pensions
4 794
-
10 315
-
surtax
-
-
-
-
social contributions
1 209
-
4 131
-
income
2 502
-
28 700
-
total
8 505
-
43 146
-
Employer
42 403
-
144 924
-
health
2 969
-
13 693
-
pensions
6 966
-
17 324
-
unemployment
1 717
-
5 870
-
social contributions
128
-
434
-
other
1 463
-
5 756
-
total
13 243
-
43 077
-
Corporate
132 355
188 000
-
-
income
37 060
52 641
-
-
surtax
-
-
-
-
total
37 060
52 641
-
-
Dividends
95 295
135 359
-
-
surtax
-
-
-
-
social contributions
16 389
23 282
-
-
withholding
12 198
17 326
-
-
total
28 587
40 608
-
-
Income
188 000
188 000
188 000
188 000
Total tax
87 395
93 249
86 223
82 275
After tax
100 605
94 751
101 777
105 725
Living cost
33 897
33 897
33 897
33 897
Free-cash
66 708
60 854
67 880
71 828

Estimated living cost  is ₽33897 per week

₽21374
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2756
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽577
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9192
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64212
₽71238
₽75186
₽69718
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
30 482
other
-
-
-
5 828
surtax
-
-
-
-
social contributions
-
-
-
5 357
health
-
-
-
8 370
pensions
-
-
-
32 238
total
-
-
-
82 275
Employee
37 851
-
144 924
-
pensions
4 281
-
10 315
-
surtax
-
-
-
-
social contributions
1 079
-
4 131
-
income
1 952
-
28 700
-
total
7 312
-
43 146
-
Employer
37 851
-
144 924
-
health
2 649
-
13 693
-
pensions
6 220
-
17 324
-
unemployment
1 532
-
5 870
-
social contributions
113
-
434
-
other
1 307
-
5 756
-
total
11 821
-
43 077
-
Corporate
138 329
188 000
-
-
income
38 731
52 641
-
-
surtax
-
-
-
-
total
38 731
52 641
-
-
Dividends
99 597
135 359
-
-
surtax
-
-
-
-
social contributions
17 130
23 282
-
-
withholding
12 749
17 326
-
-
total
29 879
40 608
-
-
Income
188 000
188 000
188 000
188 000
Total tax
87 743
93 249
86 223
82 275
After tax
100 257
94 751
101 777
105 725
Living cost
30 539
30 539
30 539
30 539
Free-cash
69 718
64 212
71 238
75 186

Estimated living cost  is ₽30539 per week

₽17711
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3102
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽579
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9147
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93688
₽95453
₽99724
₽94200
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 201
social contributions
-
-
-
25 944
health
-
-
-
13 122
total
-
-
-
67 267
Employee
33 593
-
188 000
-
social contributions
4 636
-
25 944
-
income
5 603
-
32 472
-
health
2 345
-
13 122
-
total
12 584
-
71 538
-
Employer
33 593
-
188 000
-
total
-
-
-
-
Corporate
154 407
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%.

7 720
9 401
-
-
total
7 720
9 401
-
-
Dividends
146 687
178 599
-
-
social contributions
20 244
24 647
-
-
withholding
22 004
26 790
-
-
health
10 239
12 465
-
-
total
52 487
63 902
-
-
Income
188 000
188 000
188 000
188 000
Total tax
72 791
73 303
71 538
67 267
After tax
115 209
114 697
116 462
120 733
Living cost
21 009
21 009
21 009
21 009
Free-cash
94 200
93 688
95 453
99 724

Estimated living cost  is ₽21009 per week

₽14060
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1295
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.
₽5169
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68977
₽14743
₽61615
₽67449
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
54 182
surtax
-
-
-
196
unemployment
-
-
-
6 077
chamber of commerce
-
-
-
752
health
-
-
-
8 854
pensions
-
-
-
21 413
total
-
-
-
91 474
Employee
49 514
39 483
151 858
-
other
494
395
1 158
-
unemployment
1 485
1 185
3 473
-
pensions
5 071
4 042
11 853
-
income
5 637
2 912
44 216
-
health
1 916
1 529
4 479
-
total
14 603
10 063
65 179
-
Employer
49 514
39 483
151 858
-
chamber of commerce
197
158
607
-
health
1 871
1 493
4 375
-
pensions
6 214
4 956
14 526
-
accident
643
513
1 504
-
unemployment
1 485
1 185
3 473
-
surtax
196
196
196
-
payroll
1 485
1 185
4 556
-
other
2 352
1 875
6 906
-
total
14 443
11 561
36 143
-
Corporate
124 043
136 957
148 097
-
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.

31 011
34 240
37 024
-
total
31 011
34 240
37 024
-
Dividends
93 031
102 718
-
-
withholding
25 583
28 248
-
-
total
25 583
28 248
-
-
Income
188 000
188 000
188 000
188 000
Total tax
85 640
84 112
138 346
91 474
After tax
102 360
103 888
49 654
96 526
Living cost
34 911
34 911
34 911
34 911
Free-cash
67 449
68 977
14 743
61 615

Estimated living cost  is ₽34911 per week

₽23284
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2978
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.
₽8075
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68991
₽29313
₽45467
₽54131
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
communal

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

-
-
-
9 798
social contributions
-
-
-
24 701
national
-
-
-
71 909
total
-
-
-
106 408
Employee

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

70 870
-
145 614
-
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.

617
-
1 267
-
communal

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

3 696
-
7 594
-
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.

5 315
-
10 922
-
national
21 788
-
53 549
-
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.

3 330
-
6 844
-
total
34 746
-
80 176
-
Employer

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

70 870
-
145 614
-
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.

4 358
-
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.

6 280
-
12 902
-
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.

921
-
1 891
-
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.

1 034
-
2 126
-
surtax
8 036
-
16 512
-
total
20 629
-
42 386
-
Corporate
96 501
188 000
-
-
income
19 300
37 599
-
-
surtax
385
752
-
-
total
19 685
38 351
-
-
Dividends
76 816
149 648
-
-
withholding

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

22 684
44 533
-
-
total
22 684
44 533
-
-
Income
188 000
188 000
188 000
188 000
Total tax
97 744
82 884
122 562
106 408
After tax
90 256
105 116
65 438
81 592
Living cost
36 125
36 125
36 125
36 125
Free-cash
54 131
68 991
29 313
45 467

Estimated living cost  is ₽36125 per week

₽23269
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3159
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽566
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9132
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89370
₽65417
₽69574
₽82583
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
827
income
-
-
-
55 095
other
-
-
-
92
unemployment
-
-
-
643
pensions
-
-
-
25 988
total
-
-
-
82 645
Employee
49 318
-
158 724
-
other
49
-
92
-
unemployment
765
-
1 423
-
pensions
2 318
-
4 317
-
income
10 406
-
51 694
-
total
13 538
-
57 526
-
Employer
49 318
-
158 724
-
pensions
11 638
-
21 673
-
accident
976
-
1 818
-
unemployment
2 713
-
5 050
-
other
393
-
735
-
total
15 720
-
29 276
-
Corporate
122 962
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.

18 444
28 201
-
-
total
18 444
28 201
-
-
Dividends
104 518
159 799
-
-
withholding
21 934
34 648
-
-
total
21 934
34 648
-
-
Income
188 000
188 000
188 000
188 000
Total tax
69 636
62 849
86 802
82 645
After tax
118 364
125 151
101 198
105 355
Living cost
35 781
35 781
35 781
35 781
Free-cash
82 583
89 370
65 417
69 574

Estimated living cost  is ₽35781 per week

₽26349
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2538
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.
₽6378
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55161
₽45092
₽37597
₽42056
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
communal
-
-
-
11 881
accident
-
-
-
1 585
income
-
-
-
32 387
surtax
-
-
-
9 320
health
-
-
-
13 208
pensions
-
-
-
28 180
total
-
-
-
96 561
Employee
75 030
-
167 933
-
pensions
6 001
-
13 434
-
surtax
4 599
-
10 292
-
income
7 247
-
37 800
-
health
3 339
-
7 472
-
total
21 186
-
68 998
-
Employer
75 030
-
167 933
-
health
2 288
-
5 122
-
pensions
6 001
-
13 434
-
accident
675
-
1 512
-
total
8 964
-
20 068
-
Corporate
104 006
188 000
-
-
communal
7 021
12 689
-
-
income
15 602
28 201
-
-
surtax
1 092
1 974
-
-
total
23 715
42 864
-
-
Dividends
80 291
145 136
-
-
income
26 193
14 363
-
-
withholding
12 044
21 770
-
-
total
38 237
36 133
-
-
Income
188 000
188 000
188 000
188 000
Total tax
92 102
78 997
89 066
96 561
After tax
95 898
109 003
98 934
91 439
Living cost
53 842
53 842
53 842
53 842
Free-cash
42 056
55 161
45 092
37 597

Estimated living cost  is ₽53842 per week

₽40390
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3262
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽570
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9619
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95998
₽60474
₽66531
₽92847
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
54 461
other
-
-
-
-
surtax
-
-
-
8 694
unemployment
-
-
-
226
health
-
-
-
9 388
pensions
-
-
-
26 446
total
-
-
-
99 215
Employee
33 365
-
160 166
-
other
-
-
-
-
unemployment
2 322
-
9 203
-
pensions
2 226
-
8 820
-
surtax
118
-
7 509
-
income
5 593
-
48 534
-
health
852
-
3 371
-
total
11 111
-
77 437
-
Employer
33 365
-
160 166
-
health
1 517
-
6 017
-
pensions
4 448
-
17 627
-
unemployment
1 059
-
4 191
-
other
-
-
-
-
total
7 024
-
27 835
-
Corporate
147 610
188 000
-
-
income
38 378
48 880
-
-
total
38 378
48 880
-
-
Dividends
109 232
139 120
-
-
withholding
16 386
20 868
-
-
total
16 386
20 868
-
-
Income
188 000
188 000
188 000
188 000
Total tax
72 899
69 748
105 272
99 215
After tax
115 101
118 252
82 728
88 785
Living cost
22 254
22 254
22 254
22 254
Free-cash
92 847
95 998
60 474
66 531

Estimated living cost  is ₽22254 per week

₽13436
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1935
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6368
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72128
₽53324
₽61773
₽69926
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
188 000
social contributions
-
-
-
48 354
regional
-
-
-
2 834
municipal
-
-
-
1 117
national
-
-
-
47 233
total
-
-
-
99 538
Employee
54 959
-
188 000
-
municipal
291
-
996
-
national
8 707
-
41 068
-
regional
740
-
2 530
-
social contributions
18 533
-
63 393
-
total
28 271
-
107 987
-
Employer
54 959
-
188 000
-
total
-
-
-
-
Corporate
133 041
188 000
-
-
municipal
6 613
9 344
-
-
nationa
31 931
45 120
-
-
total
38 544
54 464
-
-
Dividends
94 498
133 536
-
-
withholding
24 570
34 719
-
-
total
24 570
34 719
-
-
Income
188 000
188 000
188 000
188 000
Total tax
91 385
89 183
107 987
99 538
After tax
96 615
98 817
80 013
88 462
Living cost
26 689
26 689
26 689
26 689
Free-cash
69 926
72 128
53 324
61 773

Estimated living cost  is ₽26689 per week

₽16598
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.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6930
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99123
₽69357
₽77403
₽88308
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
19 083
social contributions
-
-
-
35 400
solidarity contribution
-
-
-
419
health
-
-
-
25 380
total
-
-
-
80 282
Employee
44 581
-
144 671
-
solidarity contribution
-
-
-
-
social contributions
2 898
-
7 880
-
income
5 350
-
17 589
-
health
6 018
-
19 531
-
total
14 266
-
45 000
-
Employer
44 581
-
144 671
-
health
4 012
-
13 020
-
social contributions
11 145
-
30 308
-
total
15 157
-
43 328
-
Corporate
128 261
188 000
-
-
income
24 370
35 720
-
-
total
24 370
35 720
-
-
Dividends
103 892
152 280
-
-
withholding
15 584
22 842
-
-
total
15 584
22 842
-
-
Income
188 000
188 000
188 000
188 000
Total tax
69 377
58 562
88 328
80 282
After tax
118 623
129 438
99 672
107 718
Living cost
30 315
30 315
30 315
30 315
Free-cash
88 308
99 123
69 357
77 403

Estimated living cost  is ₽30315 per week

₽22544
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1679
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5567
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72388
₽18096
₽65113
₽71899
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
54 182
surtax
-
-
-
-
unemployment
-
-
-
6 077
chamber of commerce
-
-
-
752
health
-
-
-
8 854
pensions
-
-
-
21 413
total
-
-
-
91 278
Employee
43 309
39 483
152 040
-
other
432
395
1 158
-
unemployment
1 299
1 185
3 473
-
pensions
4 435
4 042
11 853
-
income
3 858
2 912
44 304
-
health
1 675
1 529
4 479
-
total
11 699
10 063
65 267
-
Employer
43 309
39 483
152 040
-
chamber of commerce
173
158
607
-
health
1 638
1 493
4 375
-
pensions
5 436
4 956
14 526
-
accident
562
513
1 504
-
unemployment
1 299
1 185
3 473
-
surtax
-
-
-
-
payroll
1 299
1 185
4 561
-
other
2 057
1 875
6 913
-
total
12 464
11 365
35 959
-
Corporate
132 227
137 153
148 280
-
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.

33 057
34 288
37 069
-
total
33 057
34 288
37 069
-
Dividends
99 170
102 864
-
-
withholding
27 272
28 287
-
-
total
27 272
28 287
-
-
Income
188 000
188 000
188 000
188 000
Total tax
84 492
84 003
138 295
91 278
After tax
103 508
103 997
49 705
96 722
Living cost
31 609
31 609
31 609
31 609
Free-cash
71 899
72 388
18 096
65 113

Estimated living cost  is ₽31609 per week

₽18961
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3228
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽564
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8856
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽165968
₽137768
₽173488
₽163600
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We expect you will register a microenterprise to benefit from 1% tax rate. Otherwise you will be taxed at a personal income rate of 20%.

-
-
-
188 000
microenterprise

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

-
-
-
1 880
total
-
-
-
1 880
Employee
15 791
-
188 000
-
income
3 158
-
37 600
-
total
3 158
-
37 600
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

172 209
188 000
-
-
total
-
-
-
-
Dividends
172 209
188 000
-
-
withholding
8 610
9 400
-
-
total
8 610
9 400
-
-
Income
188 000
188 000
188 000
188 000
Total tax
11 768
9 400
37 600
1 880
After tax
176 232
178 600
150 400
186 120
Living cost
12 632
12 632
12 632
12 632
Free-cash
163 600
165 968
137 768
173 488

Estimated living cost  is ₽12632 per week

₽8548
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽530
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.
₽3130
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽102864
₽59580
₽64389
₽94576
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
43 921
unemployment
-
-
-
282
health
-
-
-
18 499
pensions
-
-
-
34 334
total
-
-
-
97 036
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.

43 812
-
162 670
-
unemployment
62
-
227
-
pensions
6 791
-
25 215
-
income
7 555
-
40 564
-
health
2 830
-
10 510
-
total
17 238
-
76 516
-
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.

43 812
-
162 670
-
health
2 918
-
10 835
-
pensions
3 877
-
14 396
-
unemployment
26
-
98
-
total
6 821
-
25 329
-
Corporate
137 367
188 000
-
-
income
26 100
35 719
-
-
total
26 100
35 719
-
-
Dividends
111 267
152 281
-
-
withholding
16 690
22 842
-
-
total
16 690
22 842
-
-
Income
188 000
188 000
188 000
188 000
Total tax
66 849
58 561
101 845
97 036
After tax
121 151
129 439
86 155
90 964
Living cost
26 574
26 574
26 574
26 574
Free-cash
94 576
102 864
59 580
64 389

Estimated living cost  is ₽26574 per week

₽18238
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1703
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.
₽6120
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70987
₽131378
₽86531
₽23153
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
62 218
-
-
-
social contributions
5 102
-
727
-
income
13 724
-
-
-
total
18 826
-
727
-
Employer
62 218
-
-
-
social contributions
87 727
-
12 503
-
total
87 727
-
12 503
-
Corporate
38 054
188 000
-
-
income
8 372
41 360
-
-
total
8 372
41 360
-
-
Dividends
29 682
146 640
-
-
income
6 530
32 261
-
-
total
6 530
32 261
-
-
Income
188 000
188 000
188 000
188 000
Total tax
121 455
73 621
13 230
58 077
After tax
66 545
114 379
174 770
129 923
Living cost
43 392
43 392
43 392
43 392
Free-cash
23 153
70 987
131 378
86 531

Estimated living cost  is ₽43392 per week

₽28154
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4081
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10603
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75858
₽54487
₽68741
₽74860
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
22 852
surtax
-
-
-
-
social contributions

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

-
-
-
65 330
total
-
-
-
88 182
Employee
45 567
-
151 920
-
surtax
-
-
-
-
social contributions
5 013
-
16 711
-
income
9 478
-
49 645
-
total
14 491
-
66 356
-
Employer
45 567
-
151 920
-
social contributions
10 822
-
36 080
-
total
10 822
-
36 080
-
Corporate
131 610
188 000
-
-
income
27 638
39 480
-
-
surtax
-
-
-
-
total
27 638
39 480
-
-
Dividends
103 972
148 520
-
-
withholding
29 112
41 585
-
-
total
29 112
41 585
-
-
Income
188 000
188 000
188 000
188 000
Total tax
82 063
81 065
102 436
88 182
After tax
105 937
106 935
85 564
99 818
Living cost
31 077
31 077
31 077
31 077
Free-cash
74 860
75 858
54 487
68 741

Estimated living cost  is ₽31077 per week

₽23252
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1833
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽519
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5473
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46898
₽53924
₽57872
₽53709
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
30 482
other
-
-
-
5 828
surtax
-
-
-
-
social contributions
-
-
-
5 357
health
-
-
-
8 370
pensions
-
-
-
32 238
total
-
-
-
82 275
Employee
62 053
-
144 924
-
pensions
7 019
-
10 315
-
surtax
-
-
-
-
social contributions
1 767
-
4 131
-
income
5 414
-
28 700
-
total
14 200
-
43 146
-
Employer
62 053
-
144 924
-
health
4 343
-
13 693
-
pensions
10 196
-
17 324
-
unemployment
2 514
-
5 870
-
social contributions
186
-
434
-
other
2 142
-
5 756
-
total
19 381
-
43 077
-
Corporate
106 566
188 000
-
-
income
29 838
52 641
-
-
surtax
-
-
-
-
total
29 838
52 641
-
-
Dividends
76 728
135 359
-
-
surtax
-
-
-
-
social contributions
13 197
23 282
-
-
withholding
9 822
17 326
-
-
total
23 019
40 608
-
-
Income
188 000
188 000
188 000
188 000
Total tax
86 438
93 249
86 223
82 275
After tax
101 562
94 751
101 777
105 725
Living cost
47 853
47 853
47 853
47 853
Free-cash
53 709
46 898
53 924
57 872

Estimated living cost  is ₽47853 per week

₽32386
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3914
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽656
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10896
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽139418
₽113205
₽108211
₽136091
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 647
social contributions
-
-
-
41 360
total
-
-
-
50 007
Employee
31 852
-
162 770
-
income
-
-
9 203
-
social contributions
2 070
-
10 580
-
total
2 070
-
19 783
-
Employer
31 852
-
162 770
-
social contributions
4 937
-
25 230
-
total
4 937
-
25 230
-
Corporate
151 211
188 000
-
-
income
15 120
18 800
-
-
total
15 120
18 800
-
-
Dividends
136 090
169 200
-
-
total
-
-
-
-
Income
188 000
188 000
188 000
188 000
Total tax
22 127
18 800
45 013
50 007
After tax
165 873
169 200
142 987
137 993
Living cost
29 782
29 782
29 782
29 782
Free-cash
136 091
139 418
113 205
108 211

Estimated living cost  is ₽29782 per week

₽19257
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2245
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.
₽7720
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽27778
-₽27778
₽62400
-₽27778
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
labour market
-
-
-
14 971
municipal
-
-
-
39 564
national
-
-
-
22 511
pensions
-
-
-
858
total
-
-
-
77 904
Employee
201 314
201 314
201 314
-
municipal
42 869
42 869
42 869
-
labour market
16 082
16 082
16 082
-
pensions
286
286
286
-
national
24 594
24 594
24 594
-
total
83 831
83 831
83 831
-
Employer
201 314
201 314
201 314
-
national
24 637
24 637
24 637
-
labour market
16 105
16 105
16 105
-
pensions
572
572
572
-
municipal
42 937
42 937
42 937
-
total
84 251
84 251
84 251
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
188 000
188 000
188 000
188 000
Total tax
168 082
168 082
168 082
77 904
After tax
19 918
19 918
19 918
110 096
Living cost
47 696
47 696
47 696
47 696
Free-cash
-27 778
-27 778
-27 778
62 400

Estimated living cost  is ₽47696 per week

₽32644
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4219
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽734
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10099
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6505
₽80784
₽106743
₽11894
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
253
income
-
-
-
52 540
other
-
-
-
372
health
-
-
-
2 187
pensions
-
-
-
4 172
total
-
-
-
59 524
Employee
34 188
-
169 951
-
pensions
3 850
-
7 650
-
income
4 690
-
40 324
-
health
3 915
-
19 460
-
total
12 455
-
67 434
-
Employer
34 188
-
169 951
-
pensions
5 559
-
11 047
-
accident
571
-
2 838
-
unemployment
838
-
4 164
-
total
6 968
-
18 049
-
Corporate
146 844
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.

132 160
169 200
-
-
total
132 160
169 200
-
-
Dividends
14 685
18 800
-
-
withholding
2 790
3 572
-
-
total
2 790
3 572
-
-
Income
188 000
188 000
188 000
188 000
Total tax
154 373
172 772
85 483
59 524
After tax
33 627
15 228
102 517
128 476
Living cost
21 733
21 733
21 733
21 733
Free-cash
11 894
-6 505
80 784
106 743

Estimated living cost  is ₽21733 per week

₽15819
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1239
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4267
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78930
₽59730
₽81260
₽81745
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

You can choose the amount to declare for pension contributions and choose a pension insurance company or a pension insurance fund you prefer to use; or you could opt out of pension contributions altogether. You can find more details on Finnish Centre for Pensions

-
-
-
188 000
health
-
-
-
2 482
municipal
-
-
-
33 394
national
-
-
-
32 826
total
-
-
-
68 702
Employee
52 126
-
158 154
-
municipal
8 538
-
25 754
-
unemployment
782
-
2 373
-
pensions
3 518
-
10 676
-
national
861
-
19 565
-
health
389
-
2 021
-
total
14 088
-
60 389
-
Employer
52 126
-
158 154
-
health
400
-
1 218
-
pensions
9 044
-
27 439
-
accident
53
-
158
-
unemployment
338
-
1 028
-
total
9 835
-
29 843
-
Corporate
126 039
188 000
-
-
income
25 207
37 599
-
-
total
25 207
37 599
-
-
Dividends

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

75 624
112 800
-
-
municipal
13 612
20 304
-
-
national
5 475
13 129
-
-
total
19 087
33 433
-
-
Income
188 000
188 000
188 000
188 000
Total tax
68 217
71 032
90 232
68 702
After tax
119 783
116 968
97 768
119 298
Living cost
38 038
38 038
38 038
38 038
Free-cash
81 745
78 930
59 730
81 260

Estimated living cost  is ₽38038 per week

₽24846
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3659
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.
₽8929
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽114166
₽103269
₽104885
₽108774
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
39 352
social contributions
-
-
-
16 030
health
-
-
-
4 794
total
-
-
-
60 176
Employee
76 185
76 185
176 211
-
social contributions
2 880
6 323
8 528
-
income
8 295
7 052
38 481
-
health
590
1 295
2 995
-
total
11 765
14 670
50 004
-
Employer
76 185
76 185
176 211
-
health
641
1 410
3 260
-
social contributions
2 880
6 323
8 528
-
total
3 521
7 733
11 788
-
Corporate
149 774
104 082
-
-
income
18 721
13 011
-
-
total
18 721
13 011
-
-
Dividends
131 053
91 071
-
-
withholding
22 280
15 481
-
-
total
22 280
15 481
-
-
Income
188 000
188 000
188 000
188 000
Total tax
56 287
50 895
61 792
60 176
After tax
131 713
137 105
126 208
127 824
Living cost
22 939
22 939
22 939
22 939
Free-cash
108 774
114 166
103 269
104 885

Estimated living cost  is ₽22939 per week

₽13748
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2251
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6434
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽139953
₽123244
₽143115
₽134911
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
19 240
unemployment
-
-
-
28
health
-
-
-
3 585
pensions
-
-
-
6 302
total
-
-
-
29 155
Employee

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

22 741
-
178 317
-
unemployment
113
-
470
-
pensions
3 411
-
14 101
-
income
1 555
-
16 782
-
health
1 933
-
7 991
-
total
7 012
-
39 344
-
Employer

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

22 741
-
178 317
-
health
978
-
4 042
-
pensions
1 250
-
5 170
-
unemployment
113
-
470
-
total
2 341
-
9 682
-
Corporate
162 918
188 000
-
-
income
14 663
16 920
-
-
total
14 663
16 920
-
-
Dividends
148 254
171 080
-
-
withholding
13 343
15 397
-
-
total
13 343
15 397
-
-
Income
188 000
188 000
188 000
188 000
Total tax
37 359
32 317
49 026
29 155
After tax
150 641
155 683
138 974
158 845
Living cost
15 730
15 730
15 730
15 730
Free-cash
134 911
139 953
123 244
143 115

Estimated living cost  is ₽15730 per week

₽10036
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1134
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.
₽4091
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97906
₽73953
₽78110
₽93529
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
827
income
-
-
-
55 095
other
-
-
-
92
unemployment
-
-
-
643
pensions
-
-
-
25 988
total
-
-
-
82 645
Employee
36 634
-
158 724
-
other
36
-
92
-
unemployment
568
-
1 423
-
pensions
1 722
-
4 317
-
income
7 063
-
51 694
-
total
9 389
-
57 526
-
Employer
36 634
-
158 724
-
pensions
8 645
-
21 673
-
accident
726
-
1 818
-
unemployment
2 016
-
5 050
-
other
293
-
735
-
total
11 680
-
29 276
-
Corporate
139 686
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.

20 953
28 201
-
-
total
20 953
28 201
-
-
Dividends
118 734
159 799
-
-
withholding
25 204
34 648
-
-
total
25 204
34 648
-
-
Income
188 000
188 000
188 000
188 000
Total tax
67 226
62 849
86 802
82 645
After tax
120 774
125 151
101 198
105 355
Living cost
27 245
27 245
27 245
27 245
Free-cash
93 529
97 906
73 953
78 110

Estimated living cost  is ₽27245 per week

₽18390
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2619
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5759
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽115369
₽118978
₽119116
₽115050
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
64 497
health
-
-
-
1 027
pensions
-
-
-
1 417
total
-
-
-
66 941
Employee
2 959
-
186 406
-
unemployment
30
-
71
-
pensions
266
-
638
-
income
572
-
64 422
-
health
148
-
354
-
total
1 016
-
65 485
-
Employer
2 959
-
186 406
-
health
281
-
673
-
pensions
325
-
779
-
unemployment
59
-
142
-
total
665
-
1 594
-
Corporate
184 376
188 000
-
-
income
40 563
41 360
-
-
total
40 563
41 360
-
-
Dividends
143 813
146 640
-
-
withholding
28 763
29 328
-
-
total
28 763
29 328
-
-
Income
188 000
188 000
188 000
188 000
Total tax
71 007
70 688
67 079
66 941
After tax
116 993
117 312
120 921
121 059
Living cost
1 943
1 943
1 943
1 943
Free-cash
115 050
115 369
118 978
119 116

Estimated living cost  is ₽1943 per week

₽1154
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽157
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽44
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽586
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽118690
₽100315
₽100313
₽113814
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
42 860
unemployment
-
-
-
1 099
health
-
-
-
7 544
pensions
-
-
-
19 044
total
-
-
-
70 547
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.

25 846
-
174 889
-
unemployment
194
-
549
-
pensions
3 618
-
10 254
-
income
3 563
-
42 860
-
health
1 331
-
3 772
-
total
8 706
-
57 435
-
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.

25 846
-
174 889
-
health
1 331
-
3 772
-
pensions
3 101
-
8 789
-
unemployment
194
-
549
-
total
4 626
-
13 110
-
Corporate
157 528
188 000
-
-
income
23 629
28 200
-
-
total
23 629
28 200
-
-
Dividends
133 899
159 800
-
-
withholding
20 085
23 970
-
-
total
20 085
23 970
-
-
Income
188 000
188 000
188 000
188 000
Total tax
57 046
52 170
70 545
70 547
After tax
130 954
135 830
117 455
117 453
Living cost
17 140
17 140
17 140
17 140
Free-cash
113 814
118 690
100 315
100 313

Estimated living cost  is ₽17140 per week

₽11540
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1326
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3778
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80225
₽58854
₽73108
₽79867
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
22 852
surtax
-
-
-
-
social contributions

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

-
-
-
65 330
total
-
-
-
88 182
Employee
38 454
-
151 920
-
surtax
-
-
-
-
social contributions
4 230
-
16 711
-
income
7 514
-
49 645
-
total
11 744
-
66 356
-
Employer
38 454
-
151 920
-
social contributions
9 132
-
36 080
-
total
9 132
-
36 080
-
Corporate
140 414
188 000
-
-
income
29 487
39 480
-
-
surtax
-
-
-
-
total
29 487
39 480
-
-
Dividends
110 928
148 520
-
-
withholding
31 060
41 585
-
-
total
31 060
41 585
-
-
Income
188 000
188 000
188 000
188 000
Total tax
81 423
81 065
102 436
88 182
After tax
106 577
106 935
85 564
99 818
Living cost
26 710
26 710
26 710
26 710
Free-cash
79 867
80 225
58 854
73 108

Estimated living cost  is ₽26710 per week

₽18918
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1856
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5464
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90331
₽66378
₽70535
₽83847
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
827
income
-
-
-
55 095
other
-
-
-
92
unemployment
-
-
-
643
pensions
-
-
-
25 988
total
-
-
-
82 645
Employee
47 849
-
158 724
-
other
47
-
92
-
unemployment
741
-
1 423
-
pensions
2 249
-
4 317
-
income
9 994
-
51 694
-
total
13 031
-
57 526
-
Employer
47 849
-
158 724
-
pensions
11 292
-
21 673
-
accident
948
-
1 818
-
unemployment
2 632
-
5 050
-
other
384
-
735
-
total
15 256
-
29 276
-
Corporate
124 895
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.

18 734
28 201
-
-
total
18 734
28 201
-
-
Dividends
106 161
159 799
-
-
withholding
22 312
34 648
-
-
total
22 312
34 648
-
-
Income
188 000
188 000
188 000
188 000
Total tax
69 333
62 849
86 802
82 645
After tax
118 667
125 151
101 198
105 355
Living cost
34 820
34 820
34 820
34 820
Free-cash
83 847
90 331
66 378
70 535

Estimated living cost  is ₽34820 per week

₽25006
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2707
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6616
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽143696
₽141032
₽133516
₽137658
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 200
unemployment
-
-
-
138
health
-
-
-
3 980
pensions

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

-
-
-
5 122
total
-
-
-
37 440
Employee
22 568
-
181 210
-
accident

We are using the highest rate at 1.1%.

248
-
381
-
pensions

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

1 981
-
3 039
-
income
2 257
-
18 121
-
health
1 038
-
1 592
-
total
5 524
-
23 133
-
Employer
22 568
-
181 210
-
health
1 557
-
2 388
-
pensions

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

2 487
-
3 814
-
accident

We are using the highest rate at 1.1%.

248
-
381
-
unemployment
136
-
208
-
total
4 428
-
6 791
-
Corporate
161 004
188 000
-
-
income
16 100
18 800
-
-
total
16 100
18 800
-
-
Dividends
144 903
169 200
-
-
withholding
7 246
8 460
-
-
total
7 246
8 460
-
-
Income
188 000
188 000
188 000
188 000
Total tax
33 298
27 260
29 924
37 440
After tax
154 702
160 740
158 076
150 560
Living cost
17 044
17 044
17 044
17 044
Free-cash
137 658
143 696
141 032
133 516

Estimated living cost  is ₽17044 per week

₽11273
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽976
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽407
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4389
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58478
₽80092
₽59724
₽71440
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
59 609
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.

-
-
-
3 279
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.

-
-
-
6 769
trade
-
-
-
20 368
total
-
-
-
90 025
Employee

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

49 297
-
188 000
-
surtax

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

224
-
3 279
-
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.

4 054
-
59 609
-
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.

6 769
-
6 769
-
total
11 047
-
69 657
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
138 703
188 000
-
-
income
20 806
28 201
-
-
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
-
-
chamber of commerce
353
427
-
-
trade
19 903
26 978
-
-
total
42 207
57 157
-
-
Dividends
96 496
130 843
-
-
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
1 779
-
-
withholding
23 748
32 335
-
-
total
25 055
34 114
-
-
Income
188 000
188 000
188 000
188 000
Total tax
78 309
91 271
69 657
90 025
After tax
109 691
96 729
118 343
97 975
Living cost
38 251
38 251
38 251
38 251
Free-cash
71 440
58 478
80 092
59 724

Estimated living cost  is ₽38251 per week

₽26386
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4116
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7193
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75163
₽41059
₽41059
₽77350
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
58 825
social contributions
-
-
-
31 678
total
-
-
-
90 503
Employee
77 500
-
188 000
-
income
14 624
-
58 825
-
social contributions
6 439
-
31 678
-
total
21 063
-
90 503
-
Employer
77 500
-
188 000
-
total
-
-
-
-
Corporate
110 500
188 000
-
-
income
13 812
23 500
-
-
total
13 812
23 500
-
-
Dividends
96 689
164 500
-
-
withholding
19 337
32 899
-
-
total
19 337
32 899
-
-
Income
188 000
188 000
188 000
188 000
Total tax
54 212
56 399
90 503
90 503
After tax
133 788
131 601
97 497
97 497
Living cost
56 438
56 438
56 438
56 438
Free-cash
77 350
75 163
41 059
41 059

Estimated living cost  is ₽56438 per week

₽42937
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4599
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8363
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81001
₽96883
₽117803
₽84462
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 202
health

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

-
-
-
6 030
total
-
-
-
34 232
Employee
45 450
-
183 442
-
income
4 932
-
46 036
-
social contributions
4 554
-
4 558
-
total
9 486
-
50 594
-
Employer
45 450
-
183 442
-
social contributions
4 554
-
4 558
-
total
4 554
-
4 558
-
Corporate
137 996
188 000
-
-
income
48 299
65 800
-
-
total
48 299
65 800
-
-
Dividends
89 696
122 200
-
-
social contributions
5 234
5 234
-
-
total
5 234
5 234
-
-
Income
188 000
188 000
188 000
188 000
Total tax
67 573
71 034
55 152
34 232
After tax
120 427
116 966
132 848
153 768
Living cost
35 965
35 965
35 965
35 965
Free-cash
84 462
81 001
96 883
117 803

Estimated living cost  is ₽35965 per week

₽23690
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2835
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8888
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84881
₽70012
₽86948
₽90725
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
55 237
pensions
-
-
-
9 163
total
-
-
-
64 400
Employee
50 310
-
164 098
-
pensions
3 840
-
11 166
-
income
9 162
-
43 945
-
health
656
-
2 323
-
total
13 658
-
57 434
-
Employer
50 310
-
164 098
-
health
956
-
3 118
-
pensions
5 083
-
20 784
-
total
6 039
-
23 902
-
Corporate
131 650
188 000
-
-
income

It is proposed for this rate to fall to 17% from the financial year starting on 1 April, 2020. Also, where the taxable profits can be attributed to the exploitation of patents, a lower rate of 10% applies.

25 013
35 720
-
-
total
25 013
35 720
-
-
Dividends
106 638
152 280
-
-
withholding
15 913
30 747
-
-
total
15 913
30 747
-
-
Income
188 000
188 000
188 000
188 000
Total tax
60 623
66 467
81 336
64 400
After tax
127 377
121 533
106 664
123 600
Living cost
36 652
36 652
36 652
36 652
Free-cash
90 725
84 881
70 012
86 948

Estimated living cost  is ₽36652 per week

₽25143
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3371
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽459
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7678
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽8657
₽78632
₽104591
₽11565
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
253
income
-
-
-
52 540
other
-
-
-
372
health
-
-
-
2 187
pensions
-
-
-
4 172
total
-
-
-
59 524
Employee
37 572
-
169 951
-
pensions
4 231
-
7 650
-
income
5 155
-
40 324
-
health
4 302
-
19 460
-
total
13 688
-
67 434
-
Employer
37 572
-
169 951
-
pensions
6 109
-
11 047
-
accident
627
-
2 838
-
unemployment
920
-
4 164
-
total
7 656
-
18 049
-
Corporate
142 771
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.

128 494
169 200
-
-
total
128 494
169 200
-
-
Dividends
14 277
18 800
-
-
withholding
2 712
3 572
-
-
total
2 712
3 572
-
-
Income
188 000
188 000
188 000
188 000
Total tax
152 550
172 772
85 483
59 524
After tax
35 450
15 228
102 517
128 476
Living cost
23 885
23 885
23 885
23 885
Free-cash
11 565
-8 657
78 632
104 591

Estimated living cost  is ₽23885 per week

₽17529
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1392
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4483
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽130436
₽121628
₽99841
₽140182
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
31 200
unemployment
-
-
-
1 901
work injury
-
-
-
792
health insurance
-
-
-
11 726
pensions
-
-
-
29 156
total
-
-
-
74 775
Employee

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

21 414
-
188 000
-
health insurance
1 585
-
5 863
-
unemployment
257
-
951
-
work injury
107
-
396
-
pensions
3 940
-
14 578
-
income
2 141
-
31 200
-
total
8 030
-
52 988
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
166 586
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
164 920
169 200
-
-
withholding
24 738
25 380
-
-
total
24 738
25 380
-
-
Income
188 000
188 000
188 000
188 000
Total tax
34 434
44 180
52 988
74 775
After tax
153 566
143 820
135 012
113 225
Living cost
13 384
13 384
13 384
13 384
Free-cash
140 182
130 436
121 628
99 841

Estimated living cost  is ₽13384 per week

₽8291
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽973
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽418
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3702
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59556
₽39113
₽47365
₽55050
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
188 000
social contributions
-
-
-
48 354
regional
-
-
-
4 322
municipal
-
-
-
1 256
national
-
-
-
47 233
total
-
-
-
101 165
Employee
83 488
-
188 000
-
municipal
498
-
1 121
-
national
14 109
-
41 068
-
regional
1 260
-
3 835
-
social contributions
28 152
-
63 393
-
total
44 019
-
109 417
-
Employer
83 488
-
188 000
-
total
-
-
-
-
Corporate
104 512
188 000
-
-
municipal
5 037
9 062
-
-
nationa
25 083
45 120
-
-
total
30 120
54 182
-
-
Dividends
74 392
133 818
-
-
withholding
19 341
34 792
-
-
total
19 341
34 792
-
-
Income
188 000
188 000
188 000
188 000
Total tax
93 480
88 974
109 417
101 165
After tax
94 520
99 026
78 583
86 835
Living cost
39 470
39 470
39 470
39 470
Free-cash
55 050
59 556
39 113
47 365

Estimated living cost  is ₽39470 per week

₽27725
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2715
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽596
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8433
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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

Close
[[ place.name ]], [[ place.country ]]

[[ row[2] ]] [[ row[0] ]]

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

[[ $tc('message.data_source', {city: place.name}) ]] [[ place.name ]]

Close

[[ row[2] ]] [[ row[0] ]]

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

[[ $tc('message.data_source', {city: place.name}) ]] [[ place.name ]]

Close