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
₽ 192000
per

Your estimated
City
free-cash

Dresden , Germany
₽68478
₽79610
₽92179
₽69733
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
192 000
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.

-
-
-
3 475
trade
-
-
-
23 701
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.

-
-
-
63 200
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.

-
-
-
6 100
total
-
-
-
96 476
Employee

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

34 153
-
192 000
-
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.

954
-
63 200
-
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.

6 100
-
6 100
-
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.

53
-
3 475
-
total
7 107
-
72 775
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
157 847
192 000
-
-
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.

1 303
1 584
-
-
income
23 677
28 800
-
-
trade
24 862
30 240
-
-
chamber of commerce
363
412
-
-
total
50 205
61 036
-
-
Dividends
107 643
130 964
-
-
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.

1 461
1 783
-
-
withholding
26 571
32 402
-
-
total
28 032
34 185
-
-
Income
192 000
192 000
192 000
192 000
Total tax
85 344
95 221
72 775
96 476
After tax
106 656
96 779
119 225
95 524
Living cost
27 046
27 046
27 046
27 046
Free-cash
79 610
69 733
92 179
68 478

Estimated living cost  is ₽27046 per week

₽17013
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3153
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽505
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6375
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63512
₽71931
₽64542
₽72713
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 000
national
-
-
-
35 055
pensions
-
-
-
23 040
social contributions
-
-
-
2 064
municipal
-
-
-
21 234
total
-
-
-
81 393
Employee
73 006
-
165 982
-
pensions
2 920
-
6 639
-
municipal
9 017
-
21 978
-
national
13 973
-
36 683
-
total
25 910
-
65 300
-
Employer
73 006
-
165 982
-
pensions
5 840
-
13 279
-
social contributions
785
-
1 784
-
total
6 625
-
15 063
-
Corporate
107 550
192 000
-
-
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%.

21 510
38 400
-
-
total
21 510
38 400
-
-
Dividends
86 040
153 600
-
-
withholding
18 929
33 792
-
-
total
18 929
33 792
-
-
Income
192 000
192 000
192 000
192 000
Total tax
72 974
72 192
80 363
81 393
After tax
119 026
119 808
111 637
110 607
Living cost
47 095
47 095
47 095
47 095
Free-cash
71 931
72 713
64 542
63 512

Estimated living cost  is ₽47095 per week

₽32010
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4378
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽705
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10002
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50660
₽127699
₽64433
₽135022
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
192 000
surtax
-
-
-
48 961
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.

-
-
-
34 212
income
-
-
-
39 590
microenterprise
-
-
-
-
total
-
-
-
122 763
Employee
26 092
-
149 877
-
income
4 645
-
33 430
-
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.

2 870
-
11 706
-
surtax
-
-
21 732
-
total
7 515
-
66 868
-
Employer
26 092
-
149 877
-
surtax
-
-
16 486
-
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.

6 285
-
25 636
-
total
6 285
-
42 122
-
Corporate
159 623
192 000
-
-
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%.

31 924
38 401
-
-
total
31 924
38 401
-
-
Dividends

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

127 699
153 599
-
-
total
-
-
-
-
Income
192 000
192 000
192 000
192 000
Total tax
45 724
38 401
108 990
122 763
After tax
146 276
153 599
83 010
69 237
Living cost
18 577
18 577
18 577
18 577
Free-cash
127 699
135 022
64 433
50 660

Estimated living cost  is ₽18577 per week

₽11851
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1769
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽422
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4534
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66177
₽52699
₽85403
₽58169
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 000
pensions
-
-
-
10 462
income
-
-
-
66 944
health
-
-
-
11 011
total
-
-
-
88 417
Employee
76 252
76 252
175 406
-
pensions
13 725
10 462
10 462
-
income

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

12 481
12 481
31 124
-
health
11 704
9 955
11 011
-
total
37 910
32 898
52 597
-
Employer
76 252
76 252
175 406
-
pensions
5 307
5 307
6 597
-
health
5 300
5 300
6 586
-
unemployment
2 745
2 745
3 411
-
total
13 352
13 352
16 594
-
Corporate
103 331
102 395
-
-
income
20 666
20 480
-
-
total
20 666
20 480
-
-
Dividends
82 665
81 916
-
-
income
17 567
17 408
-
-
withholding
12 400
12 287
-
-
total
29 967
29 695
-
-
Income
192 000
192 000
192 000
192 000
Total tax
101 895
96 425
69 191
88 417
After tax
90 105
95 575
122 809
103 583
Living cost
37 406
37 406
37 406
37 406
Free-cash
52 699
58 169
85 403
66 177

Estimated living cost  is ₽37406 per week

₽26509
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3372
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽595
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽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 Rotterdam model

Close
Stockholm , Sweden
₽59593
₽66678
₽58686
₽67516
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 000
national
-
-
-
21 209
other
-
-
-
9 503
pensions
-
-
-
8 841
municipal
-
-
-
50 189
accident
-
-
-
164
health
-
-
-
5 103
unemployment
-
-
-
82
total
-
-
-
95 091
Employee
53 172
-
166 304
-
municipal
15 856
-
49 592
-
national
-
-
20 709
-
total
15 856
-
70 301
-
Employer
53 172
-
166 304
-
pensions
5 748
-
8 841
-
other
6 179
-
9 503
-
health
3 270
-
5 030
-
unemployment
1 404
-
2 159
-
accident
106
-
164
-
total
16 707
-
25 697
-
Corporate
122 122
192 000
-
-
income
26 867
42 240
-
-
total
26 867
42 240
-
-
Dividends
95 255
149 760
-
-
withholding
28 576
44 928
-
-
total
28 576
44 928
-
-
Income
192 000
192 000
192 000
192 000
Total tax
88 006
87 168
95 998
95 091
After tax
103 994
104 832
96 002
96 909
Living cost
37 316
37 316
37 316
37 316
Free-cash
66 678
67 516
58 686
59 593

Estimated living cost  is ₽37316 per week

₽24732
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3662
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽567
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8356
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59392
₽73262
₽84147
₽60715
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
192 000
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.

-
-
-
3 475
trade
-
-
-
24 755
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.

-
-
-
63 200
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.

-
-
-
6 100
total
-
-
-
97 530
Employee

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

45 282
-
192 000
-
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.

3 891
-
63 200
-
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.

6 100
-
6 100
-
surtax

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

214
-
3 475
-
total
10 205
-
72 775
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
146 718
192 000
-
-
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.

1 210
1 584
-
-
income
22 008
28 800
-
-
trade
24 135
31 584
-
-
chamber of commerce
344
408
-
-
total
47 697
62 376
-
-
Dividends
99 021
129 624
-
-
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.

1 342
1 764
-
-
withholding
24 416
32 067
-
-
total
25 758
33 831
-
-
Income
192 000
192 000
192 000
192 000
Total tax
83 660
96 207
72 775
97 530
After tax
108 340
95 793
119 225
94 470
Living cost
35 078
35 078
35 078
35 078
Free-cash
73 262
60 715
84 147
59 392

Estimated living cost  is ₽35078 per week

₽23460
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3699
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.
₽7395
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽100532
₽107288
₽98938
₽110990
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 000
social contributions
-
-
-
14 447
income
-
-
-
43 164
health
-
-
-
4 895
total
-
-
-
62 506
Employee
68 662
68 662
180 965
-
income
7 210
6 356
42 303
-
social contributions
3 336
5 699
7 686
-
health
683
1 168
3 077
-
total
11 229
13 223
53 066
-
Employer
68 662
68 662
180 965
-
social contributions
3 336
5 699
7 686
-
health
744
1 271
3 348
-
total
4 080
6 970
11 034
-
Corporate
147 728
116 369
-
-
income
18 467
14 546
-
-
total
18 467
14 546
-
-
Dividends
129 262
101 823
-
-
withholding
21 974
17 309
-
-
total
21 974
17 309
-
-
Income
192 000
192 000
192 000
192 000
Total tax
55 750
52 048
64 100
62 506
After tax
136 250
139 952
127 900
129 494
Living cost
28 962
28 962
28 962
28 962
Free-cash
107 288
110 990
98 938
100 532

Estimated living cost  is ₽28962 per week

₽19798
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2262
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6415
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽115456
₽90623
₽93751
₽90258
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 000
pensions
-
-
-
19 200
income
-
-
-
23 472
health
-
-
-
13 440
unemployment
-
-
-
2 880
total
-
-
-
58 992
Employee

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

The minimum wage is 138,000 HUF per month.

25 337
10 084
160 669
-
pensions
2 534
1 008
16 067
-
income
3 097
1 233
19 642
-
health
1 774
706
11 247
-
unemployment
380
151
2 410
-
total
7 785
3 098
49 366
-
Employer

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

The minimum wage is 138,000 HUF per month.

25 337
10 084
160 669
-
pensions
4 941
1 966
31 331
-
total
4 941
1 966
31 331
-
Corporate
161 723
179 950
-
-
income
14 555
16 196
-
-
total
14 555
16 196
-
-
Dividends
147 168
163 755
-
-
withholding
27 962
31 113
-
-
social contributions
28 582
31 817
-
-
total
56 544
62 930
-
-
Income
192 000
192 000
192 000
192 000
Total tax
83 825
84 190
80 697
58 992
After tax
108 175
107 810
111 303
133 008
Living cost
17 552
17 552
17 552
17 552
Free-cash
90 623
90 258
93 751
115 456

Estimated living cost  is ₽17552 per week

₽11978
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1436
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽351
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3787
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81347
₽126486
₽89099
₽132032
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 000
pensions
-
-
-
38 399
income
-
-
-
25 727
health
-
-
-
24 960
total
-
-
-
89 086
Employee
25 331
-
143 499
-
pensions
507
-
2 870
-
income
2 852
-
27 666
-
unemployment
405
-
2 296
-
total
3 764
-
32 832
-
Employer
25 331
-
143 499
-
pensions
5 067
-
28 700
-
health
3 292
-
18 655
-
unemployment
203
-
1 147
-
total
8 562
-
48 502
-
Corporate
158 107
192 000
-
-
income
31 621
38 401
-
-
total
31 621
38 401
-
-
Dividends
126 486
153 599
-
-
total
-
-
-
-
Income
192 000
192 000
192 000
192 000
Total tax
43 947
38 401
81 334
89 086
After tax
148 053
153 599
110 666
102 914
Living cost
21 567
21 567
21 567
21 567
Free-cash
126 486
132 032
89 099
81 347

Estimated living cost  is ₽21567 per week

₽14793
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1284
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽434
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5056
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽111212
₽12496
₽85512
-₽4369
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 000
other
-
-
-
336
pensions
-
-
-
3 768
income
-
-
-
54 559
accident
-
-
-
229
health
-
-
-
1 975
total
-
-
-
60 867
Employee
31 337
-
174 821
-
pensions
3 529
-
6 908
-
income
4 299
-
42 464
-
health
3 588
-
20 017
-
total
11 416
-
69 389
-
Employer
31 337
-
174 821
-
pensions
5 096
-
9 976
-
unemployment
768
-
4 283
-
accident
523
-
2 919
-
total
6 387
-
17 178
-
Corporate
154 276
192 000
-
-
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.

138 849
172 800
-
-
total
138 849
172 800
-
-
Dividends
15 428
19 200
-
-
withholding
2 931
3 648
-
-
total
2 931
3 648
-
-
Income
192 000
192 000
192 000
192 000
Total tax
159 583
176 448
86 567
60 867
After tax
32 417
15 552
105 433
131 133
Living cost
19 921
19 921
19 921
19 921
Free-cash
12 496
-4 369
85 512
111 212

Estimated living cost  is ₽19921 per week

₽14601
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1104
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽416
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3802
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽182785
₽173737
₽146305
₽175105
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
192 000
microenterprise

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

-
-
-
1 920
total
-
-
-
1 920
Employee
9 119
-
192 000
-
income
1 824
-
38 400
-
total
1 824
-
38 400
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

182 881
192 000
-
-
total
-
-
-
-
Dividends
182 881
192 000
-
-
withholding
9 144
9 600
-
-
total
9 144
9 600
-
-
Income
192 000
192 000
192 000
192 000
Total tax
10 968
9 600
38 400
1 920
After tax
181 032
182 400
153 600
190 080
Living cost
7 295
7 295
7 295
7 295
Free-cash
173 737
175 105
146 305
182 785

Estimated living cost  is ₽7295 per week

₽4521
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽606
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽201
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽1967
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90227
₽111240
₽88621
₽117269
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 000
other
-
-
-
6 449
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.

-
-
-
32 588
income
-
-
-
32 968
health
-
-
-
5 975
total
-
-
-
77 980
Employee
32 421
-
157 609
-
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.

2 269
-
9 504
-
income
5 582
-
32 433
-
health
454
-
1 901
-
unemployment
324
-
1 357
-
total
8 629
-
45 195
-
Employer
32 421
-
157 609
-
pensions

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

5 512
-
23 084
-
other
1 622
-
6 788
-
health
454
-
1 901
-
unemployment
324
-
1 357
-
accident
259
-
1 261
-
total
8 171
-
34 391
-
Corporate
151 408
192 000
-
-
income
31 795
40 320
-
-
total
31 795
40 320
-
-
Dividends
119 612
151 680
-
-
withholding
8 372
10 618
-
-
total
8 372
10 618
-
-
Income
192 000
192 000
192 000
192 000
Total tax
56 967
50 938
79 586
77 980
After tax
135 033
141 062
112 414
114 020
Living cost
23 793
23 793
23 793
23 793
Free-cash
111 240
117 269
88 621
90 227

Estimated living cost  is ₽23793 per week

₽16811
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1606
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽383
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4992
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65406
₽69716
₽48228
₽62586
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 000
pensions
-
-
-
8 686
income
-
-
-
58 704
total
-
-
-
67 390
Employee
83 765
-
167 390
-
pensions
8 081
-
10 421
-
income
15 100
-
47 250
-
health
1 380
-
2 287
-
total
24 561
-
59 958
-
Employer
83 765
-
167 390
-
pensions
9 890
-
21 430
-
health
1 591
-
3 180
-
total
11 481
-
24 610
-
Corporate
96 754
192 000
-
-
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.

18 383
36 481
-
-
total
18 383
36 481
-
-
Dividends
78 371
155 519
-
-
withholding
8 655
33 729
-
-
total
8 655
33 729
-
-
Income
192 000
192 000
192 000
192 000
Total tax
63 080
70 210
84 568
67 390
After tax
128 920
121 790
107 432
124 610
Living cost
59 204
59 204
59 204
59 204
Free-cash
69 716
62 586
48 228
65 406

Estimated living cost  is ₽59204 per week

₽44363
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6956
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽482
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7405
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽143204
₽148336
₽151113
₽152476
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 000
pensions

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

-
-
-
4 607
income
-
-
-
28 800
health
-
-
-
3 580
unemployment
-
-
-
125
total
-
-
-
37 112
Employee
15 471
-
185 893
-
pensions

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

1 358
-
2 733
-
accident

We are using the highest rate at 1.1%.

170
-
342
-
income
1 547
-
18 589
-
health
712
-
1 432
-
total
3 787
-
23 096
-
Employer
15 471
-
185 893
-
pensions

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

1 705
-
3 430
-
health
1 068
-
2 148
-
unemployment
93
-
187
-
accident

We are using the highest rate at 1.1%.

170
-
342
-
total
3 036
-
6 107
-
Corporate
173 493
192 000
-
-
income
17 350
19 200
-
-
total
17 350
19 200
-
-
Dividends
156 143
172 800
-
-
withholding
7 807
8 640
-
-
total
7 807
8 640
-
-
Income
192 000
192 000
192 000
192 000
Total tax
31 980
27 840
29 203
37 112
After tax
160 020
164 160
162 797
154 888
Living cost
11 684
11 684
11 684
11 684
Free-cash
148 336
152 476
151 113
143 204

Estimated living cost  is ₽11684 per week

₽6821
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽834
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽310
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3719
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54069
₽48306
₽73295
₽46061
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 000
pensions
-
-
-
10 462
income
-
-
-
66 944
health
-
-
-
11 011
total
-
-
-
88 417
Employee
82 785
76 252
175 406
-
pensions
10 462
10 462
10 462
-
income

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

12 481
12 481
31 124
-
health
10 328
9 955
11 011
-
total
33 271
32 898
52 597
-
Employer
82 785
76 252
175 406
-
pensions
5 761
5 307
6 597
-
health
5 753
5 300
6 586
-
unemployment
2 981
2 745
3 411
-
total
14 495
13 352
16 594
-
Corporate
94 720
102 395
-
-
income
18 944
20 480
-
-
total
18 944
20 480
-
-
Dividends
75 775
81 916
-
-
income
16 103
17 408
-
-
withholding
11 367
12 287
-
-
total
27 470
29 695
-
-
Income
192 000
192 000
192 000
192 000
Total tax
94 180
96 425
69 191
88 417
After tax
97 820
95 575
122 809
103 583
Living cost
49 514
49 514
49 514
49 514
Free-cash
48 306
46 061
73 295
54 069

Estimated living cost  is ₽49514 per week

₽36525
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4423
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽568
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8000
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Amsterdam model

Close
Brno , Czech Republic
₽90135
₽102111
₽81876
₽110021
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 000
social contributions
-
-
-
31 904
income
-
-
-
20 126
health
-
-
-
25 920
solidarity contribution
-
-
-
1 744
total
-
-
-
79 694
Employee
32 605
-
151 087
-
income
3 913
-
18 538
-
social contributions
2 119
-
7 102
-
solidarity contribution
-
-
1 003
-
health
4 402
-
20 397
-
total
10 434
-
47 040
-
Employer
32 605
-
151 087
-
social contributions
8 151
-
27 315
-
health
2 934
-
13 598
-
total
11 085
-
40 913
-
Corporate
148 309
192 000
-
-
income
28 179
36 480
-
-
total
28 179
36 480
-
-
Dividends
120 130
155 520
-
-
withholding
18 020
23 328
-
-
total
18 020
23 328
-
-
Income
192 000
192 000
192 000
192 000
Total tax
67 718
59 808
87 953
79 694
After tax
124 282
132 192
104 047
112 306
Living cost
22 171
22 171
22 171
22 171
Free-cash
102 111
110 021
81 876
90 135

Estimated living cost  is ₽22171 per week

₽15401
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1577
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽436
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4758
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54297
₽60100
₽46728
₽64761
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 000
national
-
-
-
51 770
social contributions
-
-
-
44 691
municipal
-
-
-
1 178
regional
-
-
-
2 386
total
-
-
-
100 025
Employee
79 358
-
192 000
-
social contributions
26 759
-
58 590
-
municipal
420
-
1 068
-
regional
749
-
2 144
-
national
13 751
-
45 792
-
total
41 679
-
107 594
-
Employer
79 358
-
192 000
-
total
-
-
-
-
Corporate
112 642
192 000
-
-
municipal
4 394
7 488
-
-
nationa
27 034
46 080
-
-
total
31 428
53 568
-
-
Dividends
81 215
138 432
-
-
withholding
21 115
35 993
-
-
total
21 115
35 993
-
-
Income
192 000
192 000
192 000
192 000
Total tax
94 222
89 561
107 594
100 025
After tax
97 778
102 439
84 406
91 975
Living cost
37 678
37 678
37 678
37 678
Free-cash
60 100
64 761
46 728
54 297

Estimated living cost  is ₽37678 per week

₽26265
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2471
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽578
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8364
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70694
₽98284
₽65236
₽101064
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 000
other
-
-
-
-
surtax
-
-
-
9 867
pensions
-
-
-
23 835
income
-
-
-
59 236
health
-
-
-
8 461
unemployment
-
-
-
203
total
-
-
-
101 602
Employee
29 529
-
166 915
-
pensions
1 969
-
7 949
-
income
4 950
-
53 895
-
other
-
-
-
-
health
754
-
3 038
-
unemployment
2 055
-
8 295
-
surtax
97
-
8 798
-
total
9 825
-
81 975
-
Employer
29 529
-
166 915
-
pensions
3 936
-
15 886
-
other
-
-
-
-
health
1 344
-
5 422
-
unemployment
935
-
3 777
-
total
6 215
-
25 085
-
Corporate
156 256
192 000
-
-
income
40 627
49 920
-
-
total
40 627
49 920
-
-
Dividends
115 629
142 080
-
-
withholding
17 345
21 312
-
-
total
17 345
21 312
-
-
Income
192 000
192 000
192 000
192 000
Total tax
74 012
71 232
107 060
101 602
After tax
117 988
120 768
84 940
90 398
Living cost
19 704
19 704
19 704
19 704
Free-cash
98 284
101 064
65 236
70 694

Estimated living cost  is ₽19704 per week

₽12048
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1818
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽454
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5383
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84163
₽87191
₽66985
₽81343
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 000
pensions
-
-
-
8 686
income
-
-
-
58 704
total
-
-
-
67 390
Employee
56 137
-
167 390
-
pensions
4 765
-
10 421
-
income
10 111
-
47 250
-
health
815
-
2 287
-
total
15 691
-
59 958
-
Employer
56 137
-
167 390
-
pensions
6 077
-
21 430
-
health
1 066
-
3 180
-
total
7 143
-
24 610
-
Corporate
128 720
192 000
-
-
income

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

24 458
36 481
-
-
total
24 458
36 481
-
-
Dividends
104 262
155 519
-
-
withholding
17 070
33 729
-
-
total
17 070
33 729
-
-
Income
192 000
192 000
192 000
192 000
Total tax
64 362
70 210
84 568
67 390
After tax
127 638
121 790
107 432
124 610
Living cost
40 447
40 447
40 447
40 447
Free-cash
87 191
81 343
66 985
84 163

Estimated living cost  is ₽40447 per week

₽30302
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3032
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽423
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6689
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽81486
₽46663
₽73710
₽15901
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 000
national
-
-
-
4 344
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.

-
-
-
3 841
pensions
-
-
-
17 664
city
-
-
-
2 024
health
-
-
-
432
regional
-
-
-
10 313
total
-
-
-
38 618
Employee
84 137
-
172 356
-
city
903
-
1 858
-
pensions
7 069
-
13 912
-
health
190
-
388
-
regional
2 755
-
9 061
-
unemployment
-
-
-
-
national
398
-
3 427
-
total
11 315
-
28 646
-
Employer
84 137
-
172 356
-
pensions
7 069
-
13 912
-
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.

1 682
-
3 448
-
health
190
-
388
-
unemployment
-
-
-
-
total
8 941
-
17 748
-
Corporate
97 997
192 000
-
-
national
8 330
16 320
-
-
regional
20 726
40 608
-
-
total
29 056
56 928
-
-
Dividends
68 942
135 073
-
-
withholding
24 129
47 275
-
-
total
24 129
47 275
-
-
Income
192 000
192 000
192 000
192 000
Total tax
73 441
104 203
46 394
38 618
After tax
118 559
87 797
145 606
153 382
Living cost
71 896
71 896
71 896
71 896
Free-cash
46 663
15 901
73 710
81 486

Estimated living cost  is ₽71896 per week

₽46753
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6452
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽883
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽17808
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽52511
₽68379
₽78320
₽53903
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
192 000
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.

-
-
-
3 475
trade
-
-
-
25 809
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.

-
-
-
63 200
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.

-
-
-
6 100
total
-
-
-
98 584
Employee

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

53 663
-
192 000
-
income

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

6 310
-
63 200
-
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.

6 100
-
6 100
-
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.

347
-
3 475
-
total
12 757
-
72 775
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
138 337
192 000
-
-
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.

1 142
1 584
-
-
income
20 751
28 800
-
-
trade
23 725
32 927
-
-
chamber of commerce
330
405
-
-
total
45 948
63 716
-
-
Dividends
92 389
128 284
-
-
surtax

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

1 252
1 745
-
-
withholding
22 759
31 731
-
-
total
24 011
33 476
-
-
Income
192 000
192 000
192 000
192 000
Total tax
82 716
97 192
72 775
98 584
After tax
109 284
94 808
119 225
93 416
Living cost
40 905
40 905
40 905
40 905
Free-cash
68 379
53 903
78 320
52 511

Estimated living cost  is ₽40905 per week

₽29876
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3272
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽532
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7227
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75282
₽71495
₽70225
₽66216
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 000
other
-
-
-
5 953
surtax
-
-
-
-
pensions
-
-
-
30 927
social contributions
-
-
-
5 472
income
-
-
-
34 613
health
-
-
-
9 203
total
-
-
-
86 168
Employee
38 216
-
146 838
-
pensions
4 321
-
10 940
-
income
2 255
-
30 942
-
social contributions
1 090
-
4 184
-
surtax
-
-
-
-
total
7 666
-
46 066
-
Employer
38 216
-
146 838
-
pensions
6 278
-
18 284
-
other
1 318
-
6 038
-
social contributions
115
-
441
-
health
2 676
-
14 448
-
unemployment
1 547
-
5 948
-
total
11 934
-
45 159
-
Corporate
141 850
192 000
-
-
surtax
-
-
-
-
income
39 717
53 759
-
-
total
39 717
53 759
-
-
Dividends
102 133
138 241
-
-
surtax
-
-
-
-
withholding
13 073
17 696
-
-
social contributions
17 565
23 779
-
-
total
30 638
41 475
-
-
Income
192 000
192 000
192 000
192 000
Total tax
89 955
95 234
91 225
86 168
After tax
102 045
96 766
100 775
105 832
Living cost
30 550
30 550
30 550
30 550
Free-cash
71 495
66 216
70 225
75 282

Estimated living cost  is ₽30550 per week

₽19263
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2484
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8284
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78309
₽74204
₽73252
₽69243
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 000
other
-
-
-
5 953
surtax
-
-
-
-
pensions
-
-
-
30 927
social contributions
-
-
-
5 472
income
-
-
-
34 613
health
-
-
-
9 203
total
-
-
-
86 168
Employee
34 113
-
146 838
-
pensions
3 858
-
10 940
-
income
1 759
-
30 942
-
social contributions
973
-
4 184
-
surtax
-
-
-
-
total
6 590
-
46 066
-
Employer
34 113
-
146 838
-
pensions
5 605
-
18 284
-
other
1 178
-
6 038
-
social contributions
102
-
441
-
health
2 388
-
14 448
-
unemployment
1 381
-
5 948
-
total
10 654
-
45 159
-
Corporate
147 234
192 000
-
-
surtax
-
-
-
-
income
41 225
53 759
-
-
total
41 225
53 759
-
-
Dividends
106 008
138 241
-
-
surtax
-
-
-
-
withholding
13 570
17 696
-
-
social contributions
18 234
23 779
-
-
total
31 804
41 475
-
-
Income
192 000
192 000
192 000
192 000
Total tax
90 273
95 234
91 225
86 168
After tax
101 727
96 766
100 775
105 832
Living cost
27 523
27 523
27 523
27 523
Free-cash
74 204
69 243
73 252
78 309

Estimated living cost  is ₽27523 per week

₽15962
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2796
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8244
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽104367
₽98667
₽99387
₽98205
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 000
social contributions
-
-
-
26 497
income
-
-
-
28 800
health
-
-
-
13 402
total
-
-
-
68 699
Employee
30 275
-
192 000
-
income
5 050
-
33 780
-
social contributions
4 179
-
26 497
-
health
2 113
-
13 402
-
total
11 342
-
73 679
-
Employer
30 275
-
192 000
-
total
-
-
-
-
Corporate
161 725
192 000
-
-
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%.

8 086
9 599
-
-
total
8 086
9 599
-
-
Dividends
153 638
182 401
-
-
health
10 724
12 731
-
-
withholding
23 045
27 359
-
-
social contributions
21 202
25 172
-
-
total
54 971
65 262
-
-
Income
192 000
192 000
192 000
192 000
Total tax
74 399
74 861
73 679
68 699
After tax
117 601
117 139
118 321
123 301
Living cost
18 934
18 934
18 934
18 934
Free-cash
98 667
98 205
99 387
104 367

Estimated living cost  is ₽18934 per week

₽12671
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1168
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽435
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4658
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67041
₽73055
₽18967
₽74437
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 000
surtax
-
-
-
176
chamber of commerce
-
-
-
768
pensions
-
-
-
19 299
income
-
-
-
59 797
health
-
-
-
7 979
unemployment
-
-
-
5 477
total
-
-
-
93 496
Employee
44 624
35 584
157 892
-
pensions
4 570
3 643
10 682
-
income
5 080
2 625
49 943
-
other
446
356
1 044
-
health
1 727
1 378
4 036
-
unemployment
1 339
1 068
3 130
-
total
13 162
9 070
68 835
-
Employer
44 624
35 584
157 892
-
surtax
176
176
176
-
pensions
5 600
4 467
13 092
-
other
2 120
1 689
7 044
-
health
1 686
1 345
3 943
-
unemployment
1 339
1 068
3 130
-
chamber of commerce
178
142
632
-
payroll
1 339
1 068
4 736
-
accident
580
463
1 356
-
total
13 018
10 418
34 109
-
Corporate
134 359
145 998
154 503
-
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.

33 590
36 499
38 626
-
total
33 590
36 499
38 626
-
Dividends
100 769
109 499
-
-
withholding
27 712
30 113
-
-
total
27 712
30 113
-
-
Income
192 000
192 000
192 000
192 000
Total tax
87 482
86 100
141 570
93 496
After tax
104 518
105 900
50 430
98 504
Living cost
31 463
31 463
31 463
31 463
Free-cash
73 055
74 437
18 967
67 041

Estimated living cost  is ₽31463 per week

₽20985
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2684
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.
₽7278
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50907
₽61358
₽33103
₽73302
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 000
national
-
-
-
76 090
communal

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

-
-
-
10 184
social contributions
-
-
-
22 262
total
-
-
-
108 536
Employee

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

63 871
-
148 711
-
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.

4 790
-
11 153
-
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.

3 001
-
6 990
-
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.

556
-
1 295
-
national
19 637
-
55 857
-
communal

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

3 331
-
7 756
-
total
31 315
-
83 051
-
Employer

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

63 871
-
148 711
-
surtax
7 242
-
16 864
-
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.

5 660
-
13 176
-
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.

3 928
-
9 145
-
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.

932
-
2 171
-
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.

830
-
1 933
-
total
18 592
-
43 289
-
Corporate
109 537
192 000
-
-
surtax
439
808
-
-
income
21 908
40 429
-
-
total
22 347
41 237
-
-
Dividends
87 190
150 763
-
-
withholding

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

25 831
44 904
-
-
total
25 831
44 904
-
-
Income
192 000
192 000
192 000
192 000
Total tax
98 085
86 141
126 340
108 536
After tax
93 915
105 859
65 660
83 464
Living cost
32 557
32 557
32 557
32 557
Free-cash
61 358
73 302
33 103
50 907

Estimated living cost  is ₽32557 per week

₽20971
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2847
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽510
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8230
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75113
₽89199
₽71367
₽95314
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 000
other
-
-
-
83
pensions
-
-
-
23 421
income
-
-
-
59 810
accident
-
-
-
746
unemployment
-
-
-
580
total
-
-
-
84 640
Employee
44 448
-
165 615
-
pensions
2 089
-
3 891
-
income
9 378
-
56 744
-
other
44
-
83
-
unemployment
690
-
1 283
-
total
12 201
-
62 001
-
Employer
44 448
-
165 615
-
pensions
10 489
-
19 532
-
other
354
-
663
-
unemployment
2 445
-
4 551
-
accident
879
-
1 639
-
total
14 167
-
26 385
-
Corporate
133 385
192 000
-
-
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.

20 007
28 800
-
-
total
20 007
28 800
-
-
Dividends
113 378
163 200
-
-
withholding
24 179
35 639
-
-
total
24 179
35 639
-
-
Income
192 000
192 000
192 000
192 000
Total tax
70 554
64 439
88 386
84 640
After tax
121 446
127 561
103 614
107 360
Living cost
32 247
32 247
32 247
32 247
Free-cash
89 199
95 314
71 367
75 113

Estimated living cost  is ₽32247 per week

₽23747
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2288
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽464
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5748
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42515
₽48702
₽50168
₽60942
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 000
surtax
-
-
-
9 518
communal
-
-
-
12 134
pensions
-
-
-
28 779
income
-
-
-
35 421
accident
-
-
-
1 618
health
-
-
-
13 490
total
-
-
-
100 960
Employee
67 620
-
171 505
-
pensions
5 409
-
13 720
-
income
6 531
-
40 949
-
health
3 009
-
7 632
-
surtax
4 145
-
10 511
-
total
19 094
-
72 812
-
Employer
67 620
-
171 505
-
pensions
5 409
-
13 720
-
health
2 062
-
5 231
-
accident
608
-
1 544
-
total
8 079
-
20 495
-
Corporate
116 300
192 000
-
-
surtax
1 222
2 016
-
-
income
17 445
28 800
-
-
communal
7 851
12 959
-
-
total
26 518
43 775
-
-
Dividends
89 783
148 224
-
-
income
27 614
16 525
-
-
withholding
13 468
22 233
-
-
total
41 082
38 758
-
-
Income
192 000
192 000
192 000
192 000
Total tax
94 773
82 533
93 307
100 960
After tax
97 227
109 467
98 693
91 040
Living cost
48 525
48 525
48 525
48 525
Free-cash
48 702
60 942
50 168
42 515

Estimated living cost  is ₽48525 per week

₽36401
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2940
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8669
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70342
₽97871
₽64884
₽100712
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 000
other
-
-
-
-
surtax
-
-
-
9 867
pensions
-
-
-
23 835
income
-
-
-
59 236
health
-
-
-
8 461
unemployment
-
-
-
203
total
-
-
-
101 602
Employee
30 071
-
166 915
-
pensions
2 006
-
7 949
-
income
5 041
-
53 895
-
other
-
-
-
-
health
768
-
3 038
-
unemployment
2 093
-
8 295
-
surtax
107
-
8 798
-
total
10 015
-
81 975
-
Employer
30 071
-
166 915
-
pensions
4 009
-
15 886
-
other
-
-
-
-
health
1 367
-
5 422
-
unemployment
954
-
3 777
-
total
6 330
-
25 085
-
Corporate
155 599
192 000
-
-
income
40 456
49 920
-
-
total
40 456
49 920
-
-
Dividends
115 143
142 080
-
-
withholding
17 272
21 312
-
-
total
17 272
21 312
-
-
Income
192 000
192 000
192 000
192 000
Total tax
74 073
71 232
107 060
101 602
After tax
117 927
120 768
84 940
90 398
Living cost
20 056
20 056
20 056
20 056
Free-cash
97 871
100 712
64 884
70 342

Estimated living cost  is ₽20056 per week

₽12109
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1744
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽466
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5739
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67318
₽74883
₽59788
₽76866
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 000
national
-
-
-
51 770
social contributions
-
-
-
44 691
municipal
-
-
-
1 178
regional
-
-
-
2 990
total
-
-
-
100 629
Employee
49 532
-
192 000
-
social contributions
16 703
-
58 590
-
municipal
263
-
1 068
-
regional
667
-
2 709
-
national
7 847
-
45 792
-
total
25 480
-
108 159
-
Employer
49 532
-
192 000
-
total
-
-
-
-
Corporate
142 468
192 000
-
-
municipal
7 081
9 542
-
-
nationa
34 193
46 080
-
-
total
41 274
55 622
-
-
Dividends
101 194
136 378
-
-
withholding
26 310
35 459
-
-
total
26 310
35 459
-
-
Income
192 000
192 000
192 000
192 000
Total tax
93 064
91 081
108 159
100 629
After tax
98 936
100 919
83 841
91 371
Living cost
24 053
24 053
24 053
24 053
Free-cash
74 883
76 866
59 788
67 318

Estimated living cost  is ₽24053 per week

₽14959
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2437
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽412
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6246
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84985
₽95123
₽76726
₽104871
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 000
social contributions
-
-
-
31 904
income
-
-
-
20 126
health
-
-
-
25 920
solidarity contribution
-
-
-
1 744
total
-
-
-
79 694
Employee
40 178
-
151 087
-
income
4 821
-
18 538
-
social contributions
2 612
-
7 102
-
solidarity contribution
-
-
1 003
-
health
5 424
-
20 397
-
total
12 857
-
47 040
-
Employer
40 178
-
151 087
-
social contributions
10 045
-
27 315
-
health
3 616
-
13 598
-
total
13 661
-
40 913
-
Corporate
138 162
192 000
-
-
income
26 251
36 480
-
-
total
26 251
36 480
-
-
Dividends
111 911
155 520
-
-
withholding
16 787
23 328
-
-
total
16 787
23 328
-
-
Income
192 000
192 000
192 000
192 000
Total tax
69 556
59 808
87 953
79 694
After tax
122 444
132 192
104 047
112 306
Living cost
27 321
27 321
27 321
27 321
Free-cash
95 123
104 871
76 726
84 985

Estimated living cost  is ₽27321 per week

₽20318
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1514
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽473
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5017
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70192
₽77067
₽21986
₽77509
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 000
surtax
-
-
-
-
chamber of commerce
-
-
-
768
pensions
-
-
-
19 299
income
-
-
-
59 797
health
-
-
-
7 979
unemployment
-
-
-
5 477
total
-
-
-
93 320
Employee
39 032
35 584
158 056
-
pensions
3 997
3 643
10 682
-
income
3 477
2 625
50 023
-
other
390
356
1 044
-
health
1 510
1 378
4 036
-
unemployment
1 171
1 068
3 130
-
total
10 545
9 070
68 915
-
Employer
39 032
35 584
158 056
-
surtax
-
-
-
-
pensions
4 899
4 467
13 092
-
other
1 854
1 689
7 051
-
health
1 476
1 345
3 943
-
unemployment
1 171
1 068
3 130
-
chamber of commerce
156
142
632
-
payroll
1 171
1 068
4 741
-
accident
507
463
1 356
-
total
11 234
10 242
33 945
-
Corporate
141 735
146 174
154 667
-
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.

35 434
36 543
38 667
-
total
35 434
36 543
38 667
-
Dividends
106 301
109 631
-
-
withholding
29 233
30 148
-
-
total
29 233
30 148
-
-
Income
192 000
192 000
192 000
192 000
Total tax
86 446
86 003
141 527
93 320
After tax
105 554
105 997
50 473
98 680
Living cost
28 488
28 488
28 488
28 488
Free-cash
77 067
77 509
21 986
70 192

Estimated living cost  is ₽28488 per week

₽17089
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2909
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.
₽7981
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽178712
₽168900
₽142232
₽171032
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
192 000
microenterprise

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

-
-
-
1 920
total
-
-
-
1 920
Employee
14 210
-
192 000
-
income
2 842
-
38 400
-
total
2 842
-
38 400
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

177 790
192 000
-
-
total
-
-
-
-
Dividends
177 790
192 000
-
-
withholding
8 890
9 600
-
-
total
8 890
9 600
-
-
Income
192 000
192 000
192 000
192 000
Total tax
11 732
9 600
38 400
1 920
After tax
180 268
182 400
153 600
190 080
Living cost
11 368
11 368
11 368
11 368
Free-cash
168 900
171 032
142 232
178 712

Estimated living cost  is ₽11368 per week

₽7693
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽477
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽381
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2817
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66125
₽100772
₽61958
₽108241
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
192 000
pensions
-
-
-
35 064
income
-
-
-
47 679
health
-
-
-
18 894
unemployment
-
-
-
288
total
-
-
-
101 925
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.

39 485
-
166 132
-
pensions
6 121
-
25 751
-
income
6 809
-
43 510
-
health
2 550
-
10 731
-
unemployment
56
-
232
-
total
15 536
-
80 224
-
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.

39 485
-
166 132
-
pensions
3 494
-
14 703
-
health
2 630
-
11 065
-
unemployment
24
-
100
-
total
6 148
-
25 868
-
Corporate
146 367
192 000
-
-
income
27 810
36 481
-
-
total
27 810
36 481
-
-
Dividends
118 557
155 519
-
-
withholding
17 784
23 328
-
-
total
17 784
23 328
-
-
Income
192 000
192 000
192 000
192 000
Total tax
67 278
59 809
106 092
101 925
After tax
124 722
132 191
85 908
90 075
Living cost
23 950
23 950
23 950
23 950
Free-cash
100 772
108 241
61 958
66 125

Estimated living cost  is ₽23950 per week

₽16437
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1535
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽464
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5516
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91124
₽29431
₽137765
₽75250
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 000
social contributions
-
-
-
21 888
income
-
-
-
37 425
total
-
-
-
59 313
Employee
59 596
-
-
-
income
13 146
-
-
-
social contributions
4 887
-
696
-
total
18 033
-
696
-
Employer
59 596
-
-
-
social contributions
84 030
-
11 976
-
total
84 030
-
11 976
-
Corporate
48 374
192 000
-
-
income
10 642
42 240
-
-
total
10 642
42 240
-
-
Dividends
37 732
149 760
-
-
income
8 301
32 947
-
-
total
8 301
32 947
-
-
Income
192 000
192 000
192 000
192 000
Total tax
121 006
75 187
12 672
59 313
After tax
70 994
116 813
179 328
132 687
Living cost
41 563
41 563
41 563
41 563
Free-cash
29 431
75 250
137 765
91 124

Estimated living cost  is ₽41563 per week

₽26968
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3909
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10157
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72588
₽80301
₽57926
₽81201
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
192 000
surtax
-
-
-
-
social contributions

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

-
-
-
66 721
income
-
-
-
24 683
total
-
-
-
91 404
Employee
41 068
-
155 152
-
income
8 542
-
52 088
-
social contributions
4 518
-
17 067
-
surtax
-
-
63
-
total
13 060
-
69 218
-
Employer
41 068
-
155 152
-
social contributions
9 754
-
36 848
-
total
9 754
-
36 848
-
Corporate
141 179
192 000
-
-
surtax
-
-
-
-
income
29 647
40 320
-
-
total
29 647
40 320
-
-
Dividends
111 532
151 680
-
-
withholding
31 230
42 471
-
-
total
31 230
42 471
-
-
Income
192 000
192 000
192 000
192 000
Total tax
83 691
82 791
106 066
91 404
After tax
108 309
109 209
85 934
100 596
Living cost
28 008
28 008
28 008
28 008
Free-cash
80 301
81 201
57 926
72 588

Estimated living cost  is ₽28008 per week

₽20956
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1652
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.
₽4933
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62705
₽59776
₽57648
₽53639
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 000
other
-
-
-
5 953
surtax
-
-
-
-
pensions
-
-
-
30 927
social contributions
-
-
-
5 472
income
-
-
-
34 613
health
-
-
-
9 203
total
-
-
-
86 168
Employee
55 926
-
146 838
-
pensions
6 326
-
10 940
-
income
4 880
-
30 942
-
social contributions
1 593
-
4 184
-
surtax
-
-
-
-
total
12 799
-
46 066
-
Employer
55 926
-
146 838
-
pensions
9 189
-
18 284
-
other
1 930
-
6 038
-
social contributions
168
-
441
-
health
3 914
-
14 448
-
unemployment
2 266
-
5 948
-
total
17 467
-
45 159
-
Corporate
118 608
192 000
-
-
surtax
-
-
-
-
income
33 210
53 759
-
-
total
33 210
53 759
-
-
Dividends
85 397
138 241
-
-
surtax
-
-
-
-
withholding
10 931
17 696
-
-
social contributions
14 690
23 779
-
-
total
25 621
41 475
-
-
Income
192 000
192 000
192 000
192 000
Total tax
89 097
95 234
91 225
86 168
After tax
102 903
96 766
100 775
105 832
Living cost
43 127
43 127
43 127
43 127
Free-cash
59 776
53 639
57 648
62 705

Estimated living cost  is ₽43127 per week

₽29188
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3528
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽591
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9820
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽113365
₽142959
₽118466
₽145959
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 000
social contributions
-
-
-
42 240
income
-
-
-
9 554
total
-
-
-
51 794
Employee
28 707
-
166 234
-
social contributions
1 866
-
10 806
-
income
-
-
10 121
-
total
1 866
-
20 927
-
Employer
28 707
-
166 234
-
social contributions
4 450
-
25 766
-
total
4 450
-
25 766
-
Corporate
158 844
192 000
-
-
income
15 884
19 200
-
-
total
15 884
19 200
-
-
Dividends
142 959
172 800
-
-
total
-
-
-
-
Income
192 000
192 000
192 000
192 000
Total tax
22 200
19 200
46 693
51 794
After tax
169 800
172 800
145 307
140 206
Living cost
26 841
26 841
26 841
26 841
Free-cash
142 959
145 959
118 466
113 365

Estimated living cost  is ₽26841 per week

₽17355
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2023
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽505
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6958
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

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
₽68282
-₽2241
-₽2241
-₽2241
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 000
national
-
-
-
23 679
labour market
-
-
-
15 298
pensions
-
-
-
773
municipal
-
-
-
41 033
total
-
-
-
80 783
Employee
181 219
181 219
181 219
-
pensions
258
258
258
-
labour market
14 477
14 477
14 477
-
municipal
38 590
38 590
38 590
-
national
22 139
22 139
22 139
-
total
75 464
75 464
75 464
-
Employer
181 219
181 219
181 219
-
labour market
14 498
14 498
14 498
-
pensions
515
515
515
-
national
22 178
22 178
22 178
-
municipal
38 651
38 651
38 651
-
total
75 842
75 842
75 842
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
192 000
192 000
192 000
192 000
Total tax
151 306
151 306
151 306
80 783
After tax
40 694
40 694
40 694
111 217
Living cost
42 935
42 935
42 935
42 935
Free-cash
-2 241
-2 241
-2 241
68 282

Estimated living cost  is ₽42935 per week

₽29385
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3798
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.
₽9091
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽111506
₽12541
₽85806
-₽4075
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 000
other
-
-
-
336
pensions
-
-
-
3 768
income
-
-
-
54 559
accident
-
-
-
229
health
-
-
-
1 975
total
-
-
-
60 867
Employee
30 875
-
174 821
-
pensions
3 477
-
6 908
-
income
4 236
-
42 464
-
health
3 535
-
20 017
-
total
11 248
-
69 389
-
Employer
30 875
-
174 821
-
pensions
5 020
-
9 976
-
unemployment
757
-
4 283
-
accident
516
-
2 919
-
total
6 293
-
17 178
-
Corporate
154 832
192 000
-
-
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.

139 349
172 800
-
-
total
139 349
172 800
-
-
Dividends
15 483
19 200
-
-
withholding
2 942
3 648
-
-
total
2 942
3 648
-
-
Income
192 000
192 000
192 000
192 000
Total tax
159 832
176 448
86 567
60 867
After tax
32 168
15 552
105 433
131 133
Living cost
19 627
19 627
19 627
19 627
Free-cash
12 541
-4 075
85 806
111 506

Estimated living cost  is ₽19627 per week

₽14287
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1119
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽368
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3853
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84512
₽86631
₽62518
₽83872
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
192 000
national
-
-
-
36 527
municipal
-
-
-
34 095
health
-
-
-
2 584
total
-
-
-
73 206
Employee
46 979
-
161 521
-
pensions
3 170
-
10 902
-
health
351
-
2 115
-
municipal
7 695
-
26 295
-
unemployment
705
-
2 423
-
national
776
-
22 985
-
total
12 697
-
64 720
-
Employer
46 979
-
161 521
-
pensions
8 151
-
28 024
-
health
361
-
1 244
-
unemployment
305
-
1 051
-
accident
47
-
161
-
total
8 864
-
30 480
-
Corporate
136 157
192 000
-
-
income
27 232
38 401
-
-
total
27 232
38 401
-
-
Dividends

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

81 694
115 200
-
-
municipal
14 705
20 736
-
-
national
7 589
14 709
-
-
total
22 294
35 445
-
-
Income
192 000
192 000
192 000
192 000
Total tax
71 087
73 846
95 200
73 206
After tax
120 913
118 154
96 800
118 794
Living cost
34 282
34 282
34 282
34 282
Free-cash
86 631
83 872
62 518
84 512

Estimated living cost  is ₽34282 per week

₽22393
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3297
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽546
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8047
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽108820
₽114420
₽107226
₽119278
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 000
social contributions
-
-
-
14 447
income
-
-
-
43 164
health
-
-
-
4 895
total
-
-
-
62 506
Employee
68 662
68 662
180 965
-
income
7 476
6 356
42 303
-
social contributions
2 596
5 699
7 686
-
health
532
1 168
3 077
-
total
10 604
13 223
53 066
-
Employer
68 662
68 662
180 965
-
social contributions
2 596
5 699
7 686
-
health
578
1 271
3 348
-
total
3 174
6 970
11 034
-
Corporate
157 548
116 369
-
-
income
19 693
14 546
-
-
total
19 693
14 546
-
-
Dividends
137 855
101 823
-
-
withholding
23 435
17 309
-
-
total
23 435
17 309
-
-
Income
192 000
192 000
192 000
192 000
Total tax
56 906
52 048
64 100
62 506
After tax
135 094
139 952
127 900
129 494
Living cost
20 674
20 674
20 674
20 674
Free-cash
114 420
119 278
107 226
108 820

Estimated living cost  is ₽20674 per week

₽12390
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2028
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5799
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽149066
₽140276
₽131153
₽144818
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
192 000
pensions
-
-
-
5 680
income
-
-
-
19 821
health
-
-
-
3 231
unemployment
-
-
-
25
total
-
-
-
28 757
Employee

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

20 496
-
183 273
-
pensions
3 074
-
12 709
-
income
1 401
-
17 608
-
health
1 742
-
7 202
-
unemployment
102
-
424
-
total
6 319
-
37 943
-
Employer

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

20 496
-
183 273
-
pensions
1 127
-
4 660
-
health
881
-
3 643
-
unemployment
102
-
424
-
total
2 110
-
8 727
-
Corporate
169 395
192 000
-
-
income
15 245
17 280
-
-
total
15 245
17 280
-
-
Dividends
154 149
174 720
-
-
withholding
13 873
15 725
-
-
total
13 873
15 725
-
-
Income
192 000
192 000
192 000
192 000
Total tax
37 547
33 005
46 670
28 757
After tax
154 453
158 995
145 330
163 243
Living cost
14 177
14 177
14 177
14 177
Free-cash
140 276
144 818
131 153
149 066

Estimated living cost  is ₽14177 per week

₽9045
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1022
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽422
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3687
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82806
₽99066
₽79060
₽103007
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 000
other
-
-
-
83
pensions
-
-
-
23 421
income
-
-
-
59 810
accident
-
-
-
746
unemployment
-
-
-
580
total
-
-
-
84 640
Employee
33 017
-
165 615
-
pensions
1 552
-
3 891
-
income
6 365
-
56 744
-
other
32
-
83
-
unemployment
512
-
1 283
-
total
8 461
-
62 001
-
Employer
33 017
-
165 615
-
pensions
7 791
-
19 532
-
other
264
-
663
-
unemployment
1 816
-
4 551
-
accident
654
-
1 639
-
total
10 525
-
26 385
-
Corporate
148 457
192 000
-
-
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.

22 269
28 800
-
-
total
22 269
28 800
-
-
Dividends
126 188
163 200
-
-
withholding
27 125
35 639
-
-
total
27 125
35 639
-
-
Income
192 000
192 000
192 000
192 000
Total tax
68 380
64 439
88 386
84 640
After tax
123 620
127 561
103 614
107 360
Living cost
24 554
24 554
24 554
24 554
Free-cash
99 066
103 007
79 060
82 806

Estimated living cost  is ₽24554 per week

₽16574
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2360
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽430
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5190
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Valencia model

Close
Istanbul , Turkey
₽122248
₽117937
₽122134
₽118200
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 000
pensions
-
-
-
1 173
income
-
-
-
66 121
health
-
-
-
850
total
-
-
-
68 144
Employee
2 449
-
190 681
-
pensions
220
-
528
-
income
474
-
66 059
-
health
122
-
293
-
unemployment
24
-
59
-
total
840
-
66 939
-
Employer
2 449
-
190 681
-
pensions
269
-
645
-
health
233
-
557
-
unemployment
49
-
117
-
total
551
-
1 319
-
Corporate
189 000
192 000
-
-
income
41 580
42 240
-
-
total
41 580
42 240
-
-
Dividends
147 420
149 760
-
-
withholding
29 484
29 952
-
-
total
29 484
29 952
-
-
Income
192 000
192 000
192 000
192 000
Total tax
72 455
72 192
68 258
68 144
After tax
119 545
119 808
123 742
123 856
Living cost
1 608
1 608
1 608
1 608
Free-cash
117 937
118 200
122 134
122 248

Estimated living cost  is ₽1608 per week

₽956
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽130
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽37
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽485
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽107409
₽118922
₽107410
₽123306
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
192 000
pensions
-
-
-
17 127
income
-
-
-
44 277
health
-
-
-
6 785
unemployment
-
-
-
988
total
-
-
-
69 177
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.

23 244
-
180 209
-
pensions
3 254
-
9 222
-
income
3 204
-
44 277
-
health
1 197
-
3 392
-
unemployment
174
-
494
-
total
7 829
-
57 385
-
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.

23 244
-
180 209
-
pensions
2 789
-
7 905
-
health
1 197
-
3 392
-
unemployment
174
-
494
-
total
4 160
-
11 791
-
Corporate
164 595
192 000
-
-
income
24 689
28 800
-
-
total
24 689
28 800
-
-
Dividends
139 906
163 200
-
-
withholding
20 986
24 480
-
-
total
20 986
24 480
-
-
Income
192 000
192 000
192 000
192 000
Total tax
57 664
53 280
69 176
69 177
After tax
134 336
138 720
122 824
122 823
Living cost
15 414
15 414
15 414
15 414
Free-cash
118 922
123 306
107 410
107 409

Estimated living cost  is ₽15414 per week

₽10379
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1192
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽446
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3398
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76523
₽84815
₽61861
₽85136
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
192 000
surtax
-
-
-
-
social contributions

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

-
-
-
66 721
income
-
-
-
24 683
total
-
-
-
91 404
Employee
34 656
-
155 152
-
income
6 772
-
52 088
-
social contributions
3 813
-
17 067
-
surtax
-
-
63
-
total
10 585
-
69 218
-
Employer
34 656
-
155 152
-
social contributions
8 230
-
36 848
-
total
8 230
-
36 848
-
Corporate
149 113
192 000
-
-
surtax
-
-
-
-
income
31 314
40 320
-
-
total
31 314
40 320
-
-
Dividends
117 799
151 680
-
-
withholding
32 983
42 471
-
-
total
32 983
42 471
-
-
Income
192 000
192 000
192 000
192 000
Total tax
83 112
82 791
106 066
91 404
After tax
108 888
109 209
85 934
100 596
Living cost
24 073
24 073
24 073
24 073
Free-cash
84 815
85 136
61 861
76 523

Estimated living cost  is ₽24073 per week

₽17050
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1672
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽427
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4924
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75979
₽90337
₽72233
₽96180
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 000
other
-
-
-
83
pensions
-
-
-
23 421
income
-
-
-
59 810
accident
-
-
-
746
unemployment
-
-
-
580
total
-
-
-
84 640
Employee
43 124
-
165 615
-
pensions
2 027
-
3 891
-
income
9 007
-
56 744
-
other
42
-
83
-
unemployment
668
-
1 283
-
total
11 744
-
62 001
-
Employer
43 124
-
165 615
-
pensions
10 177
-
19 532
-
other
346
-
663
-
unemployment
2 372
-
4 551
-
accident
854
-
1 639
-
total
13 749
-
26 385
-
Corporate
135 127
192 000
-
-
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.

20 270
28 800
-
-
total
20 270
28 800
-
-
Dividends
114 857
163 200
-
-
withholding
24 519
35 639
-
-
total
24 519
35 639
-
-
Income
192 000
192 000
192 000
192 000
Total tax
70 282
64 439
88 386
84 640
After tax
121 718
127 561
103 614
107 360
Living cost
31 381
31 381
31 381
31 381
Free-cash
90 337
96 180
72 233
75 979

Estimated living cost  is ₽31381 per week

₽22537
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2440
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽442
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5963
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽139558
₽143398
₽147467
₽148830
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 000
pensions

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

-
-
-
4 607
income
-
-
-
28 800
health
-
-
-
3 580
unemployment
-
-
-
125
total
-
-
-
37 112
Employee
20 299
-
185 893
-
pensions

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

1 782
-
2 733
-
accident

We are using the highest rate at 1.1%.

223
-
342
-
income
2 030
-
18 589
-
health
934
-
1 432
-
total
4 969
-
23 096
-
Employer
20 299
-
185 893
-
pensions

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

2 237
-
3 430
-
health
1 401
-
2 148
-
unemployment
122
-
187
-
accident

We are using the highest rate at 1.1%.

223
-
342
-
total
3 983
-
6 107
-
Corporate
167 718
192 000
-
-
income
16 772
19 200
-
-
total
16 772
19 200
-
-
Dividends
150 946
172 800
-
-
withholding
7 548
8 640
-
-
total
7 548
8 640
-
-
Income
192 000
192 000
192 000
192 000
Total tax
33 272
27 840
29 203
37 112
After tax
158 728
164 160
162 797
154 888
Living cost
15 330
15 330
15 330
15 330
Free-cash
143 398
148 830
147 467
139 558

Estimated living cost  is ₽15330 per week

₽10139
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽878
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽366
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3948
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63157
₽75966
₽84752
₽64283
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
192 000
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.

-
-
-
3 475
trade
-
-
-
21 595
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.

-
-
-
63 200
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.

-
-
-
6 100
total
-
-
-
94 370
Employee

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

44 429
-
192 000
-
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.

3 653
-
63 200
-
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.

6 100
-
6 100
-
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.

202
-
3 475
-
total
9 955
-
72 775
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
147 571
192 000
-
-
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.

1 217
1 584
-
-
income
22 135
28 800
-
-
trade
21 176
27 552
-
-
chamber of commerce
352
417
-
-
total
44 880
58 353
-
-
Dividends
102 691
133 647
-
-
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.

1 393
1 818
-
-
withholding
25 333
33 073
-
-
total
26 726
34 891
-
-
Income
192 000
192 000
192 000
192 000
Total tax
81 561
93 244
72 775
94 370
After tax
110 439
98 756
119 225
97 630
Living cost
34 473
34 473
34 473
34 473
Free-cash
75 966
64 283
84 752
63 157

Estimated living cost  is ₽34473 per week

₽23781
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3709
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6483
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46258
₽85507
₽46258
₽83534
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 000
income
-
-
-
62 040
social contributions
-
-
-
32 837
total
-
-
-
94 877
Employee
69 847
-
192 000
-
income
13 180
-
62 040
-
social contributions
5 803
-
32 837
-
total
18 983
-
94 877
-
Employer
69 847
-
192 000
-
total
-
-
-
-
Corporate
122 153
192 000
-
-
income
15 269
24 001
-
-
total
15 269
24 001
-
-
Dividends
106 884
167 999
-
-
withholding
21 376
33 600
-
-
total
21 376
33 600
-
-
Income
192 000
192 000
192 000
192 000
Total tax
55 628
57 601
94 877
94 877
After tax
136 372
134 399
97 123
97 123
Living cost
50 865
50 865
50 865
50 865
Free-cash
85 507
83 534
46 258
46 258

Estimated living cost  is ₽50865 per week

₽38697
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4145
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7537
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽125361
₽90791
₽101985
₽87670
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
192 000
income
-
-
-
28 800
health

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

-
-
-
5 426
total
-
-
-
34 226
Employee
40 962
-
187 893
-
social contributions
4 104
-
4 107
-
income
4 445
-
49 388
-
total
8 549
-
53 495
-
Employer
40 962
-
187 893
-
social contributions
4 104
-
4 107
-
total
4 104
-
4 107
-
Corporate
146 934
192 000
-
-
income
51 426
67 200
-
-
total
51 426
67 200
-
-
Dividends
95 508
124 800
-
-
social contributions
4 717
4 717
-
-
total
4 717
4 717
-
-
Income
192 000
192 000
192 000
192 000
Total tax
68 796
71 917
57 602
34 226
After tax
123 204
120 083
134 398
157 774
Living cost
32 413
32 413
32 413
32 413
Free-cash
90 791
87 670
101 985
125 361

Estimated living cost  is ₽32413 per week

₽21351
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2555
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.
₽8010
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91728
₽94151
₽74550
₽88908
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 000
pensions
-
-
-
8 686
income
-
-
-
58 704
total
-
-
-
67 390
Employee
45 135
-
167 390
-
pensions
3 445
-
10 421
-
income
8 219
-
47 250
-
health
589
-
2 287
-
total
12 253
-
59 958
-
Employer
45 135
-
167 390
-
pensions
4 560
-
21 430
-
health
858
-
3 180
-
total
5 418
-
24 610
-
Corporate
141 447
192 000
-
-
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.

26 875
36 481
-
-
total
26 875
36 481
-
-
Dividends
114 572
155 519
-
-
withholding
20 421
33 729
-
-
total
20 421
33 729
-
-
Income
192 000
192 000
192 000
192 000
Total tax
64 967
70 210
84 568
67 390
After tax
127 033
121 790
107 432
124 610
Living cost
32 882
32 882
32 882
32 882
Free-cash
94 151
88 908
74 550
91 728

Estimated living cost  is ₽32882 per week

₽22557
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3024
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽411
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6888
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽109562
₽12243
₽83862
-₽6019
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 000
other
-
-
-
336
pensions
-
-
-
3 768
income
-
-
-
54 559
accident
-
-
-
229
health
-
-
-
1 975
total
-
-
-
60 867
Employee
33 931
-
174 821
-
pensions
3 821
-
6 908
-
income
4 655
-
42 464
-
health
3 885
-
20 017
-
total
12 361
-
69 389
-
Employer
33 931
-
174 821
-
pensions
5 517
-
9 976
-
unemployment
831
-
4 283
-
accident
567
-
2 919
-
total
6 915
-
17 178
-
Corporate
151 154
192 000
-
-
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.

136 038
172 800
-
-
total
136 038
172 800
-
-
Dividends
15 116
19 200
-
-
withholding
2 872
3 648
-
-
total
2 872
3 648
-
-
Income
192 000
192 000
192 000
192 000
Total tax
158 186
176 448
86 567
60 867
After tax
33 814
15 552
105 433
131 133
Living cost
21 571
21 571
21 571
21 571
Free-cash
12 243
-6 019
83 862
109 562

Estimated living cost  is ₽21571 per week

₽15830
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1257
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽435
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4049
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽108562
₽132140
₽128169
₽134837
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
192 000
pensions
-
-
-
26 235
work injury
-
-
-
713
health insurance
-
-
-
10 551
income
-
-
-
32 185
unemployment
-
-
-
1 711
total
-
-
-
71 395
Employee

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

19 268
-
192 000
-
pensions
3 545
-
13 117
-
income
1 927
-
32 185
-
health insurance
1 426
-
5 275
-
unemployment
231
-
855
-
work injury
96
-
356
-
total
7 225
-
51 788
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
172 732
192 000
-
-
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%.

17 273
19 200
-
-
total
17 273
19 200
-
-
Dividends
155 458
172 800
-
-
withholding
23 319
25 920
-
-
total
23 319
25 920
-
-
Income
192 000
192 000
192 000
192 000
Total tax
47 817
45 120
51 788
71 395
After tax
144 183
146 880
140 212
120 605
Living cost
12 043
12 043
12 043
12 043
Free-cash
132 140
134 837
128 169
108 562

Estimated living cost  is ₽12043 per week

₽7461
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽875
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽376
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3331
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54036
₽61499
₽46701
₽65560
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 000
national
-
-
-
51 770
social contributions
-
-
-
44 691
municipal
-
-
-
1 325
regional
-
-
-
4 606
total
-
-
-
102 392
Employee
75 243
-
192 000
-
social contributions
25 372
-
58 590
-
municipal
449
-
1 201
-
regional
1 136
-
4 144
-
national
12 715
-
45 792
-
total
39 672
-
109 727
-
Employer
75 243
-
192 000
-
total
-
-
-
-
Corporate
116 757
192 000
-
-
municipal
5 627
9 254
-
-
nationa
28 022
46 080
-
-
total
33 649
55 334
-
-
Dividends
83 107
136 666
-
-
withholding
21 608
35 534
-
-
total
21 608
35 534
-
-
Income
192 000
192 000
192 000
192 000
Total tax
94 929
90 868
109 727
102 392
After tax
97 071
101 132
82 273
89 608
Living cost
35 572
35 572
35 572
35 572
Free-cash
61 499
65 560
46 701
54 036

Estimated living cost  is ₽35572 per week

₽24987
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2447
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.
₽7600
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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