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
₽79391
₽69383
₽91985
₽68369
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
23 616
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.

-
-
-
62 971
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.

-
-
-
6 180
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.

-
-
-
3 464
total
-
-
-
96 231
Employee

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

34 600
-
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.

53
-
3 464
-
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.

6 180
-
6 180
-
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.

966
-
62 971
-
total
7 199
-
72 615
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
157 400
192 000
-
-
trade
24 790
30 239
-
-
income
23 609
28 801
-
-
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.

1 298
1 584
-
-
chamber of commerce
364
414
-
-
total
50 061
61 038
-
-
Dividends
107 339
130 962
-
-
withholding
26 492
32 397
-
-
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.

1 457
1 782
-
-
total
27 949
34 179
-
-
Income
192 000
192 000
192 000
192 000
Total tax
85 209
95 217
72 615
96 231
After tax
106 791
96 783
119 385
95 769
Living cost
27 400
27 400
27 400
27 400
Free-cash
79 391
69 383
91 985
68 369

Estimated living cost  is ₽27400 per week

₽17235
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3195
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6458
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72036
₽72818
₽64614
₽63583
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 064
pensions
-
-
-
23 040
municipal
-
-
-
21 237
national
-
-
-
35 086
total
-
-
-
81 427
Employee
72 844
-
165 982
-
national
13 942
-
36 714
-
municipal
8 997
-
21 980
-
pensions
2 914
-
6 639
-
total
25 853
-
65 333
-
Employer
72 844
-
165 982
-
pensions
5 828
-
13 279
-
social contributions
783
-
1 784
-
total
6 611
-
15 063
-
Corporate
107 738
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%.

21 548
38 400
-
-
total
21 548
38 400
-
-
Dividends
86 190
153 600
-
-
withholding
18 962
33 792
-
-
total
18 962
33 792
-
-
Income
192 000
192 000
192 000
192 000
Total tax
72 974
72 192
80 396
81 427
After tax
119 026
119 808
111 604
110 573
Living cost
46 990
46 990
46 990
46 990
Free-cash
72 036
72 818
64 614
63 583

Estimated living cost  is ₽46990 per week

₽31939
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4368
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽703
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9980
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽127361
₽134780
₽64051
₽50241
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
34 660
income
-
-
-
39 319
microenterprise
-
-
-
-
surtax
-
-
-
48 960
total
-
-
-
122 939
Employee
26 433
-
149 576
-
surtax
-
-
21 688
-
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.

2 908
-
11 859
-
income
4 705
-
33 157
-
total
7 613
-
66 704
-
Employer
26 433
-
149 576
-
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.

6 367
-
25 972
-
surtax
-
-
16 453
-
total
6 367
-
42 425
-
Corporate
159 200
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%.

31 839
38 400
-
-
total
31 839
38 400
-
-
Dividends

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

127 360
153 600
-
-
total
-
-
-
-
Income
192 000
192 000
192 000
192 000
Total tax
45 819
38 400
109 129
122 939
After tax
146 181
153 600
82 871
69 061
Living cost
18 820
18 820
18 820
18 820
Free-cash
127 361
134 780
64 051
50 241

Estimated living cost  is ₽18820 per week

₽12006
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1792
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.
₽4594
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52106
₽57647
₽84917
₽65831
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
66 519
pensions
-
-
-
10 599
health
-
-
-
11 155
total
-
-
-
88 273
Employee
77 250
77 250
175 189
-
health
11 857
10 085
11 155
-
pensions
13 905
10 599
10 599
-
income

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

12 645
12 645
30 621
-
total
38 407
33 329
52 375
-
Employer
77 250
77 250
175 189
-
pensions
5 377
5 377
6 683
-
unemployment
2 781
2 781
3 456
-
health
5 370
5 370
6 673
-
total
13 528
13 528
16 812
-
Corporate
102 170
101 222
-
-
income
20 434
20 245
-
-
total
20 434
20 245
-
-
Dividends
81 736
80 978
-
-
withholding
12 260
12 147
-
-
income
17 369
17 208
-
-
total
29 629
29 355
-
-
Income
192 000
192 000
192 000
192 000
Total tax
101 998
96 457
69 187
88 273
After tax
90 002
95 543
122 813
103 727
Living cost
37 896
37 896
37 896
37 896
Free-cash
52 106
57 647
84 917
65 831

Estimated living cost  is ₽37896 per week

₽26856
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3416
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽603
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7021
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65510
₽66374
₽57829
₽58762
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 794
unemployment
-
-
-
84
pensions
-
-
-
9 111
municipal
-
-
-
49 973
accident
-
-
-
169
national
-
-
-
20 390
health
-
-
-
5 259
total
-
-
-
94 780
Employee
54 799
-
165 517
-
national
-
-
19 873
-
municipal
16 341
-
49 357
-
total
16 341
-
69 230
-
Employer
54 799
-
165 517
-
other
6 368
-
9 794
-
accident
110
-
169
-
pensions
5 924
-
9 111
-
unemployment
1 447
-
2 225
-
health
3 370
-
5 184
-
total
17 219
-
26 483
-
Corporate
119 983
192 000
-
-
income
26 396
42 240
-
-
total
26 396
42 240
-
-
Dividends
93 587
149 760
-
-
withholding
28 076
44 928
-
-
total
28 076
44 928
-
-
Income
192 000
192 000
192 000
192 000
Total tax
88 032
87 168
95 713
94 780
After tax
103 968
104 832
96 287
97 220
Living cost
38 458
38 458
38 458
38 458
Free-cash
65 510
66 374
57 829
58 762

Estimated living cost  is ₽38458 per week

₽25488
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3774
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8612
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72972
₽60260
₽83848
₽59183
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
24 665
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.

-
-
-
62 971
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.

-
-
-
6 180
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.

-
-
-
3 464
total
-
-
-
97 280
Employee

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

45 875
-
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.

216
-
3 464
-
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.

6 180
-
6 180
-
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.

3 941
-
62 971
-
total
10 337
-
72 615
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
146 125
192 000
-
-
trade
24 037
31 583
-
-
income
21 918
28 801
-
-
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.

1 205
1 584
-
-
chamber of commerce
345
410
-
-
total
47 505
62 378
-
-
Dividends
98 620
129 621
-
-
withholding
24 312
32 062
-
-
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.

1 337
1 763
-
-
total
25 649
33 825
-
-
Income
192 000
192 000
192 000
192 000
Total tax
83 491
96 203
72 615
97 280
After tax
108 509
95 797
119 385
94 720
Living cost
35 537
35 537
35 537
35 537
Free-cash
72 972
60 260
83 848
59 183

Estimated living cost  is ₽35537 per week

₽23767
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3748
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.
₽7492
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽106867
₽110618
₽98655
₽100256
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 636
income
-
-
-
42 871
health
-
-
-
4 896
total
-
-
-
62 403
Employee
69 560
69 560
180 867
-
health
692
1 183
3 075
-
social contributions
3 380
5 773
7 787
-
income
7 304
6 439
42 009
-
total
11 376
13 395
52 871
-
Employer
69 560
69 560
180 867
-
social contributions
3 380
5 773
7 787
-
health
754
1 288
3 346
-
total
4 134
7 061
11 133
-
Corporate
147 149
115 379
-
-
income
18 394
14 422
-
-
total
18 394
14 422
-
-
Dividends
128 755
100 957
-
-
withholding
21 888
17 163
-
-
total
21 888
17 163
-
-
Income
192 000
192 000
192 000
192 000
Total tax
55 792
52 041
64 004
62 403
After tax
136 208
139 959
127 996
129 597
Living cost
29 341
29 341
29 341
29 341
Free-cash
106 867
110 618
98 655
100 256

Estimated living cost  is ₽29341 per week

₽20058
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2292
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽493
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6499
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91207
₽90856
₽94361
₽116066
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
2 880
income
-
-
-
23 472
pensions
-
-
-
19 200
health
-
-
-
13 440
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.

24 456
9 733
160 669
-
unemployment
367
146
2 410
-
health
1 712
681
11 247
-
pensions
2 446
973
16 067
-
income
2 990
1 190
19 642
-
total
7 515
2 990
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.

24 456
9 733
160 669
-
pensions
4 769
1 898
31 331
-
total
4 769
1 898
31 331
-
Corporate
162 775
180 369
-
-
income
14 650
16 233
-
-
total
14 650
16 233
-
-
Dividends
148 125
164 136
-
-
withholding
28 144
31 186
-
-
social contributions
28 773
31 895
-
-
total
56 917
63 081
-
-
Income
192 000
192 000
192 000
192 000
Total tax
83 851
84 202
80 697
58 992
After tax
108 149
107 798
111 303
133 008
Living cost
16 942
16 942
16 942
16 942
Free-cash
91 207
90 856
94 361
116 066

Estimated living cost  is ₽16942 per week

₽11561
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1386
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽339
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3656
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽126132
₽131750
₽88817
₽81062
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
25 728
pensions
-
-
-
38 400
health
-
-
-
24 960
total
-
-
-
89 088
Employee
25 662
-
143 497
-
unemployment
410
-
2 295
-
pensions
513
-
2 870
-
income
2 889
-
27 666
-
total
3 812
-
32 831
-
Employer
25 662
-
143 497
-
pensions
5 133
-
28 699
-
unemployment
206
-
1 148
-
health
3 335
-
18 655
-
total
8 674
-
48 502
-
Corporate
157 663
192 000
-
-
income
31 532
38 400
-
-
total
31 532
38 400
-
-
Dividends
126 131
153 600
-
-
total
-
-
-
-
Income
192 000
192 000
192 000
192 000
Total tax
44 018
38 400
81 333
89 088
After tax
147 982
153 600
110 667
102 912
Living cost
21 850
21 850
21 850
21 850
Free-cash
126 132
131 750
88 817
81 062

Estimated living cost  is ₽21850 per week

₽14987
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1301
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽439
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5123
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12422
-₽4855
₽84889
₽110742
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
344
income
-
-
-
54 390
pensions
-
-
-
3 860
accident
-
-
-
234
health
-
-
-
2 023
total
-
-
-
60 851
Employee
32 102
-
174 587
-
health
3 676
-
19 990
-
pensions
3 615
-
7 077
-
income
4 404
-
42 224
-
total
11 695
-
69 291
-
Employer
32 102
-
174 587
-
accident
536
-
2 916
-
pensions
5 220
-
10 220
-
unemployment
786
-
4 277
-
total
6 542
-
17 413
-
Corporate
153 356
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.

138 020
172 800
-
-
total
138 020
172 800
-
-
Dividends
15 336
19 200
-
-
withholding
2 914
3 648
-
-
total
2 914
3 648
-
-
Income
192 000
192 000
192 000
192 000
Total tax
159 171
176 448
86 704
60 851
After tax
32 829
15 552
105 296
131 149
Living cost
20 407
20 407
20 407
20 407
Free-cash
12 422
-4 855
84 889
110 742

Estimated living cost  is ₽20407 per week

₽14957
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1131
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽426
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3894
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽173623
₽175009
₽146209
₽182689
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 239
-
192 000
-
income
1 848
-
38 400
-
total
1 848
-
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%.

182 761
192 000
-
-
total
-
-
-
-
Dividends
182 761
192 000
-
-
withholding
9 138
9 600
-
-
total
9 138
9 600
-
-
Income
192 000
192 000
192 000
192 000
Total tax
10 986
9 600
38 400
1 920
After tax
181 014
182 400
153 600
190 080
Living cost
7 391
7 391
7 391
7 391
Free-cash
173 623
175 009
146 209
182 689

Estimated living cost  is ₽7391 per week

₽4581
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽614
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽203
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽1993
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽110848
₽116958
₽87911
₽89523
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 534
income
-
-
-
32 771
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.

-
-
-
33 015
health
-
-
-
6 053
total
-
-
-
78 373
Employee
32 846
-
157 179
-
unemployment
328
-
1 375
-
health
460
-
1 926
-
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.

2 299
-
9 629
-
income
5 655
-
32 234
-
total
8 742
-
45 164
-
Employer
32 846
-
157 179
-
other
1 643
-
6 877
-
accident
263
-
1 257
-
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.

5 584
-
23 386
-
unemployment
328
-
1 375
-
health
460
-
1 926
-
total
8 278
-
34 821
-
Corporate
150 877
192 000
-
-
income
31 685
40 320
-
-
total
31 685
40 320
-
-
Dividends
119 192
151 680
-
-
withholding
8 343
10 618
-
-
total
8 343
10 618
-
-
Income
192 000
192 000
192 000
192 000
Total tax
57 048
50 938
79 985
78 373
After tax
134 952
141 062
112 015
113 627
Living cost
24 104
24 104
24 104
24 104
Free-cash
110 848
116 958
87 911
89 523

Estimated living cost  is ₽24104 per week

₽17031
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1627
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽388
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5057
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69314
₽62104
₽47675
₽64864
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
58 515
pensions
-
-
-
8 742
total
-
-
-
67 257
Employee
84 720
-
167 406
-
health
1 396
-
2 294
-
pensions
8 173
-
10 500
-
income
15 272
-
47 057
-
total
24 841
-
59 851
-
Employer
84 720
-
167 406
-
pensions
10 003
-
21 414
-
health
1 609
-
3 181
-
total
11 612
-
24 595
-
Corporate
95 668
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.

18 176
36 480
-
-
total
18 176
36 480
-
-
Dividends
77 492
155 520
-
-
withholding
8 178
33 537
-
-
total
8 178
33 537
-
-
Income
192 000
192 000
192 000
192 000
Total tax
62 807
70 017
84 446
67 257
After tax
129 193
121 983
107 554
124 743
Living cost
59 879
59 879
59 879
59 879
Free-cash
69 314
62 104
47 675
64 864

Estimated living cost  is ₽59879 per week

₽44868
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7035
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽487
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7489
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽148237
₽152401
₽150972
₽143077
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
125
income
-
-
-
28 800
pensions

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

-
-
-
4 636
health
-
-
-
3 603
total
-
-
-
37 164
Employee
15 570
-
185 854
-
accident

We are using the highest rate at 1.1%.

171
-
345
-
health
716
-
1 441
-
pensions

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

1 367
-
2 751
-
income
1 557
-
18 585
-
total
3 811
-
23 122
-
Employer
15 570
-
185 854
-
accident

We are using the highest rate at 1.1%.

171
-
345
-
pensions

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

1 716
-
3 452
-
unemployment
93
-
188
-
health
1 075
-
2 162
-
total
3 055
-
6 147
-
Corporate
173 374
192 000
-
-
income
17 337
19 200
-
-
total
17 337
19 200
-
-
Dividends
156 037
172 800
-
-
withholding
7 801
8 640
-
-
total
7 801
8 640
-
-
Income
192 000
192 000
192 000
192 000
Total tax
32 004
27 840
29 269
37 164
After tax
159 996
164 160
162 731
154 836
Living cost
11 759
11 759
11 759
11 759
Free-cash
148 237
152 401
150 972
143 077

Estimated living cost  is ₽11759 per week

₽6865
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽840
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽312
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3743
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47658
₽45381
₽72651
₽53565
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
66 519
pensions
-
-
-
10 599
health
-
-
-
11 155
total
-
-
-
88 273
Employee
83 869
77 250
175 189
-
health
10 463
10 085
11 155
-
pensions
10 599
10 599
10 599
-
income

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

12 645
12 645
30 621
-
total
33 707
33 329
52 375
-
Employer
83 869
77 250
175 189
-
pensions
5 837
5 377
6 683
-
unemployment
3 020
2 781
3 456
-
health
5 828
5 370
6 673
-
total
14 685
13 528
16 812
-
Corporate
93 446
101 222
-
-
income
18 689
20 245
-
-
total
18 689
20 245
-
-
Dividends
74 757
80 978
-
-
withholding
11 213
12 147
-
-
income
15 886
17 208
-
-
total
27 099
29 355
-
-
Income
192 000
192 000
192 000
192 000
Total tax
94 180
96 457
69 187
88 273
After tax
97 820
95 543
122 813
103 727
Living cost
50 162
50 162
50 162
50 162
Free-cash
47 658
45 381
72 651
53 565

Estimated living cost  is ₽50162 per week

₽37003
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4481
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8104
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽101621
₽109659
₽81272
₽89492
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
32 424
income
-
-
-
20 048
health
-
-
-
25 920
solidarity contribution
-
-
-
1 583
total
-
-
-
79 975
Employee
33 137
-
150 678
-
solidarity contribution
-
-
845
-
health
4 474
-
20 342
-
social contributions
2 154
-
7 218
-
income
3 976
-
18 468
-
total
10 604
-
46 873
-
Employer
33 137
-
150 678
-
social contributions
8 284
-
27 761
-
health
2 982
-
13 561
-
total
11 266
-
41 322
-
Corporate
147 596
192 000
-
-
income
28 043
36 480
-
-
total
28 043
36 480
-
-
Dividends
119 553
155 520
-
-
withholding
17 933
23 328
-
-
total
17 933
23 328
-
-
Income
192 000
192 000
192 000
192 000
Total tax
67 846
59 808
88 195
79 975
After tax
124 154
132 192
103 805
112 025
Living cost
22 533
22 533
22 533
22 533
Free-cash
101 621
109 659
81 272
89 492

Estimated living cost  is ₽22533 per week

₽15652
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1603
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽443
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4835
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59545
₽64268
₽45972
₽53640
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
2 373
social contributions
-
-
-
45 276
municipal
-
-
-
1 174
national
-
-
-
51 366
total
-
-
-
100 189
Employee
80 396
-
192 000
-
national
13 931
-
45 312
-
regional
759
-
2 127
-
municipal
426
-
1 061
-
social contributions
27 110
-
59 357
-
total
42 226
-
107 857
-
Employer
80 396
-
192 000
-
total
-
-
-
-
Corporate
111 604
192 000
-
-
nationa
26 785
46 081
-
-
municipal
4 352
7 488
-
-
total
31 137
53 569
-
-
Dividends
80 466
138 431
-
-
withholding
20 921
35 992
-
-
total
20 921
35 992
-
-
Income
192 000
192 000
192 000
192 000
Total tax
94 284
89 561
107 857
100 189
After tax
97 716
102 439
84 143
91 811
Living cost
38 171
38 171
38 171
38 171
Free-cash
59 545
64 268
45 972
53 640

Estimated living cost  is ₽38171 per week

₽26608
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2503
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽585
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8474
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97991
₽100806
₽64932
₽70464
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
unemployment
-
-
-
206
income
-
-
-
58 880
pensions
-
-
-
24 147
health
-
-
-
8 571
surtax
-
-
-
9 770
total
-
-
-
101 574
Employee
29 915
-
166 586
-
surtax
98
-
8 688
-
unemployment
2 082
-
8 403
-
other
-
-
-
-
health
764
-
3 078
-
pensions
1 995
-
8 053
-
income
5 014
-
53 471
-
total
9 953
-
81 693
-
Employer
29 915
-
166 586
-
other
-
-
-
-
pensions
3 988
-
16 094
-
unemployment
948
-
3 826
-
health
1 361
-
5 493
-
total
6 297
-
25 413
-
Corporate
155 788
192 000
-
-
income
40 505
49 919
-
-
total
40 505
49 919
-
-
Dividends
115 283
142 081
-
-
withholding
17 292
21 313
-
-
total
17 292
21 313
-
-
Income
192 000
192 000
192 000
192 000
Total tax
74 047
71 232
107 106
101 574
After tax
117 953
120 768
84 894
90 426
Living cost
19 962
19 962
19 962
19 962
Free-cash
97 991
100 806
64 932
70 464

Estimated living cost  is ₽19962 per week

₽12206
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1842
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5454
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86990
₽81075
₽66646
₽83835
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
58 515
pensions
-
-
-
8 742
total
-
-
-
67 257
Employee
56 777
-
167 406
-
health
824
-
2 294
-
pensions
4 819
-
10 500
-
income
10 226
-
47 057
-
total
15 869
-
59 851
-
Employer
56 777
-
167 406
-
pensions
6 146
-
21 414
-
health
1 079
-
3 181
-
total
7 225
-
24 595
-
Corporate
127 998
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.

24 320
36 480
-
-
total
24 320
36 480
-
-
Dividends
103 678
155 520
-
-
withholding
16 688
33 537
-
-
total
16 688
33 537
-
-
Income
192 000
192 000
192 000
192 000
Total tax
64 102
70 017
84 446
67 257
After tax
127 898
121 983
107 554
124 743
Living cost
40 908
40 908
40 908
40 908
Free-cash
86 990
81 075
66 646
83 835

Estimated living cost  is ₽40908 per week

₽30648
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3066
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽428
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6765
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽46603
₽15791
₽73605
₽81398
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

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.

-
-
-
3 839
city
-
-
-
2 023
regional
-
-
-
10 305
pensions
-
-
-
17 663
national
-
-
-
4 334
health
-
-
-
433
total
-
-
-
38 597
Employee
84 265
-
172 349
-
national
399
-
3 415
-
unemployment
-
-
-
-
city
904
-
1 859
-
regional
2 759
-
9 053
-
health
190
-
388
-
pensions
7 079
-
13 920
-
total
11 331
-
28 635
-
Employer
84 265
-
172 349
-
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.

1 685
-
3 447
-
pensions
7 079
-
13 920
-
unemployment
-
-
-
-
health
190
-
388
-
total
8 954
-
17 755
-
Corporate
97 854
192 000
-
-
regional
20 696
40 608
-
-
national
8 318
16 321
-
-
total
29 014
56 929
-
-
Dividends
68 840
135 071
-
-
withholding
24 093
47 275
-
-
total
24 093
47 275
-
-
Income
192 000
192 000
192 000
192 000
Total tax
73 392
104 204
46 390
38 597
After tax
118 608
87 796
145 610
153 403
Living cost
72 005
72 005
72 005
72 005
Free-cash
46 603
15 791
73 605
81 398

Estimated living cost  is ₽72005 per week

₽46824
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6462
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽884
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽17835
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽68038
₽53369
₽77944
₽52228
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
25 716
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.

-
-
-
62 971
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.

-
-
-
6 180
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.

-
-
-
3 464
total
-
-
-
98 331
Employee

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

54 366
-
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.

352
-
3 464
-
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.

6 180
-
6 180
-
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.

6 393
-
62 971
-
total
12 925
-
72 615
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
137 634
192 000
-
-
trade
23 604
32 928
-
-
income
20 645
28 801
-
-
surtax

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

1 135
1 584
-
-
chamber of commerce
331
407
-
-
total
45 715
63 720
-
-
Dividends
91 919
128 280
-
-
withholding
22 636
31 726
-
-
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.

1 245
1 744
-
-
total
23 881
33 470
-
-
Income
192 000
192 000
192 000
192 000
Total tax
82 521
97 190
72 615
98 331
After tax
109 479
94 810
119 385
93 669
Living cost
41 441
41 441
41 441
41 441
Free-cash
68 038
53 369
77 944
52 228

Estimated living cost  is ₽41441 per week

₽30267
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3315
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7322
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71163
₽65817
₽70216
₽75113
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 952
social contributions
-
-
-
5 469
income
-
-
-
34 254
pensions
-
-
-
31 124
health
-
-
-
9 138
surtax
-
-
-
-
total
-
-
-
85 937
Employee
38 716
-
146 954
-
surtax
-
-
-
-
pensions
4 378
-
10 899
-
social contributions
1 104
-
4 189
-
income
2 285
-
30 699
-
total
7 767
-
45 787
-
Employer
38 716
-
146 954
-
other
1 336
-
6 023
-
pensions
6 360
-
18 227
-
unemployment
1 567
-
5 952
-
social contributions
117
-
441
-
health
2 711
-
14 404
-
total
12 091
-
45 047
-
Corporate
141 193
192 000
-
-
income
39 533
53 759
-
-
surtax
-
-
-
-
total
39 533
53 759
-
-
Dividends
101 660
138 241
-
-
withholding
13 012
17 695
-
-
social contributions
17 484
23 779
-
-
surtax
-
-
-
-
total
30 496
41 474
-
-
Income
192 000
192 000
192 000
192 000
Total tax
89 887
95 233
90 834
85 937
After tax
102 113
96 767
101 166
106 063
Living cost
30 950
30 950
30 950
30 950
Free-cash
71 163
65 817
70 216
75 113

Estimated living cost  is ₽30950 per week

₽19515
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2517
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8393
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73910
₽68884
₽73283
₽78180
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 952
social contributions
-
-
-
5 469
income
-
-
-
34 254
pensions
-
-
-
31 124
health
-
-
-
9 138
surtax
-
-
-
-
total
-
-
-
85 937
Employee
34 560
-
146 954
-
surtax
-
-
-
-
pensions
3 909
-
10 899
-
social contributions
985
-
4 189
-
income
1 782
-
30 699
-
total
6 676
-
45 787
-
Employer
34 560
-
146 954
-
other
1 193
-
6 023
-
pensions
5 679
-
18 227
-
unemployment
1 399
-
5 952
-
social contributions
103
-
441
-
health
2 419
-
14 404
-
total
10 793
-
45 047
-
Corporate
146 648
192 000
-
-
income
41 061
53 759
-
-
surtax
-
-
-
-
total
41 061
53 759
-
-
Dividends
105 587
138 241
-
-
withholding
13 515
17 695
-
-
social contributions
18 162
23 779
-
-
surtax
-
-
-
-
total
31 677
41 474
-
-
Income
192 000
192 000
192 000
192 000
Total tax
90 207
95 233
90 834
85 937
After tax
101 793
96 767
101 166
106 063
Living cost
27 883
27 883
27 883
27 883
Free-cash
73 910
68 884
73 283
78 180

Estimated living cost  is ₽27883 per week

₽16171
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2833
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽529
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8352
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98424
₽97955
₽99202
₽104120
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 495
income
-
-
-
28 801
health
-
-
-
13 402
total
-
-
-
68 698
Employee
30 672
-
192 000
-
health
2 141
-
13 402
-
social contributions
4 233
-
26 495
-
income
5 116
-
33 719
-
total
11 490
-
73 616
-
Employer
30 672
-
192 000
-
total
-
-
-
-
Corporate
161 328
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%.

8 067
9 600
-
-
total
8 067
9 600
-
-
Dividends
153 262
182 400
-
-
health
10 698
12 731
-
-
withholding
22 990
27 360
-
-
social contributions
21 149
25 172
-
-
total
54 837
65 263
-
-
Income
192 000
192 000
192 000
192 000
Total tax
74 394
74 863
73 616
68 698
After tax
117 606
117 137
118 384
123 302
Living cost
19 182
19 182
19 182
19 182
Free-cash
98 424
97 955
99 202
104 120

Estimated living cost  is ₽19182 per week

₽12837
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1183
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽441
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4719
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72647
₽74042
₽18581
₽66673
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
767
unemployment
-
-
-
5 548
income
-
-
-
59 323
pensions
-
-
-
19 551
health
-
-
-
8 084
surtax
-
-
-
179
total
-
-
-
93 452
Employee
45 209
36 050
157 617
-
unemployment
1 356
1 082
3 171
-
other
451
361
1 057
-
health
1 749
1 396
4 089
-
pensions
4 630
3 691
10 822
-
income
5 147
2 659
49 475
-
total
13 333
9 189
68 614
-
Employer
45 209
36 050
157 617
-
payroll
1 356
1 082
4 728
-
other
2 148
1 712
7 045
-
accident
587
469
1 373
-
pensions
5 674
4 525
13 263
-
unemployment
1 356
1 082
3 171
-
chamber of commerce
180
144
630
-
surtax
179
179
179
-
health
1 708
1 363
3 995
-
total
13 188
10 556
34 384
-
Corporate
133 604
145 396
154 183
-
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.

33 401
36 349
38 546
-
total
33 401
36 349
38 546
-
Dividends
100 203
109 047
-
-
withholding
27 556
29 989
-
-
total
27 556
29 989
-
-
Income
192 000
192 000
192 000
192 000
Total tax
87 478
86 083
141 544
93 452
After tax
104 522
105 917
50 456
98 548
Living cost
31 875
31 875
31 875
31 875
Free-cash
72 647
74 042
18 581
66 673

Estimated living cost  is ₽31875 per week

₽21259
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2719
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.
₽7373
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60761
₽73022
₽32792
₽50469
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
22 553
national
-
-
-
75 829
communal

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

-
-
-
10 166
total
-
-
-
108 548
Employee

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

64 708
-
148 709
-
national
19 894
-
55 742
-
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.

563
-
1 294
-
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.

3 040
-
6 989
-
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.

4 853
-
11 153
-
communal

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

3 375
-
7 756
-
total
31 725
-
82 934
-
Employer

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

64 708
-
148 709
-
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.

841
-
1 933
-
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.

5 734
-
13 175
-
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.

944
-
2 172
-
surtax
7 337
-
16 865
-
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.

3 979
-
9 146
-
total
18 835
-
43 291
-
Corporate
108 457
192 000
-
-
income
21 692
40 230
-
-
surtax
434
805
-
-
total
22 126
41 035
-
-
Dividends
86 331
150 965
-
-
withholding

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

25 570
44 960
-
-
total
25 570
44 960
-
-
Income
192 000
192 000
192 000
192 000
Total tax
98 256
85 995
126 225
108 548
After tax
93 744
106 005
65 775
83 452
Living cost
32 983
32 983
32 983
32 983
Free-cash
60 761
73 022
32 792
50 469

Estimated living cost  is ₽32983 per week

₽21246
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2884
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.
₽8338
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88719
₽94918
₽70920
₽74716
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
84
unemployment
-
-
-
587
income
-
-
-
59 461
pensions
-
-
-
23 728
accident
-
-
-
755
total
-
-
-
84 615
Employee
45 029
-
165 270
-
unemployment
699
-
1 300
-
other
45
-
84
-
pensions
2 117
-
3 941
-
income
9 501
-
56 356
-
total
12 362
-
61 681
-
Employer
45 029
-
165 270
-
other
359
-
671
-
accident
891
-
1 660
-
pensions
10 626
-
19 788
-
unemployment
2 477
-
4 611
-
total
14 353
-
26 730
-
Corporate
132 617
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.

19 893
28 801
-
-
total
19 893
28 801
-
-
Dividends
112 725
163 199
-
-
withholding
24 004
35 612
-
-
total
24 004
35 612
-
-
Income
192 000
192 000
192 000
192 000
Total tax
70 612
64 413
88 411
84 615
After tax
121 388
127 587
103 589
107 385
Living cost
32 669
32 669
32 669
32 669
Free-cash
88 719
94 918
70 920
74 716

Estimated living cost  is ₽32669 per week

₽24057
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2318
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽470
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5823
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48141
₽60507
₽49764
₽42110
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
35 189
pensions
-
-
-
28 778
accident
-
-
-
1 619
communal
-
-
-
12 135
health
-
-
-
13 490
surtax
-
-
-
9 519
total
-
-
-
100 730
Employee
68 506
-
171 506
-
surtax
4 199
-
10 511
-
health
3 049
-
7 632
-
pensions
5 480
-
13 720
-
income
6 617
-
40 719
-
total
19 345
-
72 582
-
Employer
68 506
-
171 506
-
accident
616
-
1 543
-
pensions
5 480
-
13 720
-
health
2 089
-
5 231
-
total
8 185
-
20 494
-
Corporate
115 309
192 000
-
-
income
17 297
28 801
-
-
communal
7 783
12 959
-
-
surtax
1 210
2 015
-
-
total
26 290
43 775
-
-
Dividends
89 018
148 225
-
-
withholding
13 352
22 234
-
-
income
27 527
16 324
-
-
total
40 879
38 558
-
-
Income
192 000
192 000
192 000
192 000
Total tax
94 699
82 333
93 076
100 730
After tax
97 301
109 667
98 924
91 270
Living cost
49 160
49 160
49 160
49 160
Free-cash
48 141
60 507
49 764
42 110

Estimated living cost  is ₽49160 per week

₽36878
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2978
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽8783
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97572
₽100449
₽64575
₽70107
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
unemployment
-
-
-
206
income
-
-
-
58 880
pensions
-
-
-
24 147
health
-
-
-
8 571
surtax
-
-
-
9 770
total
-
-
-
101 574
Employee
30 464
-
166 586
-
surtax
108
-
8 688
-
unemployment
2 120
-
8 403
-
other
-
-
-
-
health
778
-
3 078
-
pensions
2 033
-
8 053
-
income
5 107
-
53 471
-
total
10 146
-
81 693
-
Employer
30 464
-
166 586
-
other
-
-
-
-
pensions
4 062
-
16 094
-
unemployment
966
-
3 826
-
health
1 385
-
5 493
-
total
6 413
-
25 413
-
Corporate
155 122
192 000
-
-
income
40 332
49 919
-
-
total
40 332
49 919
-
-
Dividends
114 791
142 081
-
-
withholding
17 218
21 313
-
-
total
17 218
21 313
-
-
Income
192 000
192 000
192 000
192 000
Total tax
74 109
71 232
107 106
101 574
After tax
117 891
120 768
84 894
90 426
Living cost
20 319
20 319
20 319
20 319
Free-cash
97 572
100 449
64 575
70 107

Estimated living cost  is ₽20319 per week

₽12267
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1766
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5814
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74542
₽76550
₽59209
₽66837
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
2 979
social contributions
-
-
-
45 276
municipal
-
-
-
1 174
national
-
-
-
51 366
total
-
-
-
100 795
Employee
50 180
-
192 000
-
national
7 950
-
45 312
-
regional
676
-
2 693
-
municipal
266
-
1 061
-
social contributions
16 921
-
59 357
-
total
25 813
-
108 423
-
Employer
50 180
-
192 000
-
total
-
-
-
-
Corporate
141 820
192 000
-
-
nationa
34 037
46 081
-
-
municipal
7 049
9 543
-
-
total
41 086
55 624
-
-
Dividends
100 735
136 376
-
-
withholding
26 191
35 458
-
-
total
26 191
35 458
-
-
Income
192 000
192 000
192 000
192 000
Total tax
93 090
91 082
108 423
100 795
After tax
98 910
100 918
83 577
91 205
Living cost
24 368
24 368
24 368
24 368
Free-cash
74 542
76 550
59 209
66 837

Estimated living cost  is ₽24368 per week

₽15155
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2469
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽417
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6328
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94519
₽104425
₽76038
₽84258
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
32 424
income
-
-
-
20 048
health
-
-
-
25 920
solidarity contribution
-
-
-
1 583
total
-
-
-
79 975
Employee
40 833
-
150 678
-
solidarity contribution
-
-
845
-
health
5 513
-
20 342
-
social contributions
2 654
-
7 218
-
income
4 900
-
18 468
-
total
13 067
-
46 873
-
Employer
40 833
-
150 678
-
social contributions
10 208
-
27 761
-
health
3 675
-
13 561
-
total
13 883
-
41 322
-
Corporate
137 283
192 000
-
-
income
26 084
36 480
-
-
total
26 084
36 480
-
-
Dividends
111 199
155 520
-
-
withholding
16 680
23 328
-
-
total
16 680
23 328
-
-
Income
192 000
192 000
192 000
192 000
Total tax
69 714
59 808
88 195
79 975
After tax
122 286
132 192
103 805
112 025
Living cost
27 767
27 767
27 767
27 767
Free-cash
94 519
104 425
76 038
84 258

Estimated living cost  is ₽27767 per week

₽20649
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1538
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5099
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76710
₽77156
₽21641
₽69867
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
767
unemployment
-
-
-
5 548
income
-
-
-
59 323
pensions
-
-
-
19 551
health
-
-
-
8 084
surtax
-
-
-
-
total
-
-
-
93 273
Employee
39 543
36 050
157 782
-
unemployment
1 186
1 082
3 171
-
other
395
361
1 057
-
health
1 530
1 396
4 089
-
pensions
4 050
3 691
10 822
-
income
3 523
2 659
49 554
-
total
10 684
9 189
68 693
-
Employer
39 543
36 050
157 782
-
payroll
1 186
1 082
4 733
-
other
1 878
1 712
7 052
-
accident
513
469
1 373
-
pensions
4 963
4 525
13 263
-
unemployment
1 186
1 082
3 171
-
chamber of commerce
158
144
632
-
surtax
-
-
-
-
health
1 495
1 363
3 995
-
total
11 379
10 377
34 219
-
Corporate
141 077
145 574
154 348
-
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.

35 269
36 393
38 587
-
total
35 269
36 393
38 587
-
Dividends
105 808
109 181
-
-
withholding
29 098
30 025
-
-
total
29 098
30 025
-
-
Income
192 000
192 000
192 000
192 000
Total tax
86 430
85 984
141 499
93 273
After tax
105 570
106 016
50 501
98 727
Living cost
28 860
28 860
28 860
28 860
Free-cash
76 710
77 156
21 641
69 867

Estimated living cost  is ₽28860 per week

₽17313
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2948
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8086
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽168722
₽170882
₽142082
₽178562
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
14 398
-
192 000
-
income
2 880
-
38 400
-
total
2 880
-
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%.

177 602
192 000
-
-
total
-
-
-
-
Dividends
177 602
192 000
-
-
withholding
8 880
9 600
-
-
total
8 880
9 600
-
-
Income
192 000
192 000
192 000
192 000
Total tax
11 760
9 600
38 400
1 920
After tax
180 240
182 400
153 600
190 080
Living cost
11 518
11 518
11 518
11 518
Free-cash
168 722
170 882
142 082
178 562

Estimated living cost  is ₽11518 per week

₽7794
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽483
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽386
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2854
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽100360
₽107929
₽61922
₽66089
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
288
income
-
-
-
47 400
pensions
-
-
-
35 065
health
-
-
-
18 894
total
-
-
-
101 647
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.

40 002
-
166 131
-
unemployment
57
-
232
-
health
2 584
-
10 733
-
pensions
6 201
-
25 750
-
income
6 898
-
43 232
-
total
15 740
-
79 947
-
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.

40 002
-
166 131
-
pensions
3 540
-
14 703
-
unemployment
24
-
100
-
health
2 664
-
11 064
-
total
6 228
-
25 867
-
Corporate
145 770
192 000
-
-
income
27 697
36 479
-
-
total
27 697
36 479
-
-
Dividends
118 073
155 521
-
-
withholding
17 711
23 328
-
-
total
17 711
23 328
-
-
Income
192 000
192 000
192 000
192 000
Total tax
67 376
59 807
105 814
101 647
After tax
124 624
132 193
86 186
90 353
Living cost
24 264
24 264
24 264
24 264
Free-cash
100 360
107 929
61 922
66 089

Estimated living cost  is ₽24264 per week

₽16652
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1555
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽470
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5588
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33409
₽77142
₽140233
₽93016
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
56 883
-
-
-
social contributions
4 664
-
665
-
income
12 547
-
-
-
total
17 211
-
665
-
Employer
56 883
-
-
-
social contributions
80 205
-
11 431
-
total
80 205
-
11 431
-
Corporate
54 912
192 000
-
-
income
12 081
42 240
-
-
total
12 081
42 240
-
-
Dividends
42 832
149 760
-
-
income
9 423
32 947
-
-
total
9 423
32 947
-
-
Income
192 000
192 000
192 000
192 000
Total tax
118 920
75 187
12 096
59 313
After tax
73 080
116 813
179 904
132 687
Living cost
39 671
39 671
39 671
39 671
Free-cash
33 409
77 142
140 233
93 016

Estimated living cost  is ₽39671 per week

₽25740
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3731
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽506
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9694
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79923
₽80834
₽57778
₽72354
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions

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

-
-
-
66 720
income
-
-
-
24 551
surtax
-
-
-
-
total
-
-
-
91 271
Employee
41 605
-
155 152
-
surtax
-
-
19
-
social contributions
4 577
-
17 067
-
income
8 654
-
51 913
-
total
13 231
-
68 999
-
Employer
41 605
-
155 152
-
social contributions
9 881
-
36 848
-
total
9 881
-
36 848
-
Corporate
140 514
192 000
-
-
income
29 508
40 320
-
-
surtax
-
-
-
-
total
29 508
40 320
-
-
Dividends
111 006
151 680
-
-
withholding
31 082
42 471
-
-
total
31 082
42 471
-
-
Income
192 000
192 000
192 000
192 000
Total tax
83 702
82 791
105 847
91 271
After tax
108 298
109 209
86 153
100 729
Living cost
28 375
28 375
28 375
28 375
Free-cash
79 923
80 834
57 778
72 354

Estimated living cost  is ₽28375 per week

₽21230
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1674
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4997
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59291
₽53075
₽57474
₽62371
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 952
social contributions
-
-
-
5 469
income
-
-
-
34 254
pensions
-
-
-
31 124
health
-
-
-
9 138
surtax
-
-
-
-
total
-
-
-
85 937
Employee
56 658
-
146 954
-
surtax
-
-
-
-
pensions
6 408
-
10 899
-
social contributions
1 614
-
4 189
-
income
4 944
-
30 699
-
total
12 966
-
45 787
-
Employer
56 658
-
146 954
-
other
1 955
-
6 023
-
pensions
9 310
-
18 227
-
unemployment
2 295
-
5 952
-
social contributions
170
-
441
-
health
3 966
-
14 404
-
total
17 696
-
45 047
-
Corporate
117 647
192 000
-
-
income
32 941
53 759
-
-
surtax
-
-
-
-
total
32 941
53 759
-
-
Dividends
84 706
138 241
-
-
withholding
10 843
17 695
-
-
social contributions
14 571
23 779
-
-
surtax
-
-
-
-
total
25 414
41 474
-
-
Income
192 000
192 000
192 000
192 000
Total tax
89 017
95 233
90 834
85 937
After tax
102 983
96 767
101 166
106 063
Living cost
43 692
43 692
43 692
43 692
Free-cash
59 291
53 075
57 474
62 371

Estimated living cost  is ₽43692 per week

₽29570
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3574
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽599
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9948
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽142569
₽145609
₽118188
₽113086
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 483
social contributions
-
-
-
42 239
total
-
-
-
51 722
Employee
29 082
-
166 234
-
social contributions
1 890
-
10 805
-
income
-
-
10 049
-
total
1 890
-
20 854
-
Employer
29 082
-
166 234
-
social contributions
4 508
-
25 766
-
total
4 508
-
25 766
-
Corporate
158 410
192 000
-
-
income
15 841
19 199
-
-
total
15 841
19 199
-
-
Dividends
142 568
172 801
-
-
total
-
-
-
-
Income
192 000
192 000
192 000
192 000
Total tax
22 239
19 199
46 620
51 722
After tax
169 761
172 801
145 380
140 278
Living cost
27 192
27 192
27 192
27 192
Free-cash
142 569
145 609
118 188
113 086

Estimated living cost  is ₽27192 per week

₽17582
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2050
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7049
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4893
-₽4893
-₽4893
₽67821
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
783
municipal
-
-
-
40 969
labour market
-
-
-
15 297
national
-
-
-
23 609
total
-
-
-
80 658
Employee
183 694
183 694
183 694
-
national
22 442
22 442
22 442
-
municipal
39 117
39 117
39 117
-
labour market
14 675
14 675
14 675
-
pensions
261
261
261
-
total
76 495
76 495
76 495
-
Employer
183 694
183 694
183 694
-
municipal
39 179
39 179
39 179
-
pensions
522
522
522
-
national
22 481
22 481
22 481
-
labour market
14 695
14 695
14 695
-
total
76 877
76 877
76 877
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
192 000
192 000
192 000
192 000
Total tax
153 372
153 372
153 372
80 658
After tax
38 628
38 628
38 628
111 342
Living cost
43 521
43 521
43 521
43 521
Free-cash
-4 893
-4 893
-4 893
67 821

Estimated living cost  is ₽43521 per week

₽29787
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3850
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽669
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9215
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12468
-₽4554
₽85190
₽111043
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
344
income
-
-
-
54 390
pensions
-
-
-
3 860
accident
-
-
-
234
health
-
-
-
2 023
total
-
-
-
60 851
Employee
31 629
-
174 587
-
health
3 622
-
19 990
-
pensions
3 562
-
7 077
-
income
4 339
-
42 224
-
total
11 523
-
69 291
-
Employer
31 629
-
174 587
-
accident
528
-
2 916
-
pensions
5 143
-
10 220
-
unemployment
775
-
4 277
-
total
6 446
-
17 413
-
Corporate
153 925
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.

138 533
172 800
-
-
total
138 533
172 800
-
-
Dividends
15 392
19 200
-
-
withholding
2 924
3 648
-
-
total
2 924
3 648
-
-
Income
192 000
192 000
192 000
192 000
Total tax
159 426
176 448
86 704
60 851
After tax
32 574
15 552
105 296
131 149
Living cost
20 106
20 106
20 106
20 106
Free-cash
12 468
-4 554
85 190
111 043

Estimated living cost  is ₽20106 per week

₽14635
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1146
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽377
Clothing and shoes. We estimate one pair of shoes and 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

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
₽86346
₽83552
₽62370
₽84361
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
34 097
national
-
-
-
36 233
health
-
-
-
2 578
total
-
-
-
72 908
Employee
47 594
-
161 520
-
national
786
-
22 690
-
unemployment
714
-
2 422
-
health
355
-
2 110
-
municipal
7 795
-
26 296
-
pensions
3 212
-
10 903
-
total
12 862
-
64 421
-
Employer
47 594
-
161 520
-
accident
48
-
161
-
pensions
8 257
-
28 023
-
unemployment
309
-
1 051
-
health
366
-
1 243
-
total
8 980
-
30 478
-
Corporate
135 426
192 000
-
-
income
27 086
38 400
-
-
total
27 086
38 400
-
-
Dividends

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

81 256
115 200
-
-
municipal
14 626
20 736
-
-
national
7 369
14 581
-
-
total
21 995
35 317
-
-
Income
192 000
192 000
192 000
192 000
Total tax
70 923
73 717
94 899
72 908
After tax
121 077
118 283
97 101
119 092
Living cost
34 731
34 731
34 731
34 731
Free-cash
86 346
83 552
62 370
84 361

Estimated living cost  is ₽34731 per week

₽22686
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3341
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8152
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽114092
₽119015
₽107052
₽108653
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 636
income
-
-
-
42 871
health
-
-
-
4 896
total
-
-
-
62 403
Employee
69 560
69 560
180 867
-
health
539
1 183
3 075
-
social contributions
2 630
5 773
7 787
-
income
7 574
6 439
42 009
-
total
10 743
13 395
52 871
-
Employer
69 560
69 560
180 867
-
social contributions
2 630
5 773
7 787
-
health
585
1 288
3 346
-
total
3 215
7 061
11 133
-
Corporate
157 097
115 379
-
-
income
19 637
14 422
-
-
total
19 637
14 422
-
-
Dividends
137 460
100 957
-
-
withholding
23 369
17 163
-
-
total
23 369
17 163
-
-
Income
192 000
192 000
192 000
192 000
Total tax
56 964
52 041
64 004
62 403
After tax
135 036
139 959
127 996
129 597
Living cost
20 944
20 944
20 944
20 944
Free-cash
114 092
119 015
107 052
108 653

Estimated living cost  is ₽20944 per week

₽12552
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2055
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.
₽5874
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽140032
₽144632
₽130635
₽148780
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
26
income
-
-
-
19 804
pensions
-
-
-
5 754
health
-
-
-
3 274
total
-
-
-
28 858
Employee

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

20 764
-
183 159
-
unemployment
103
-
429
-
health
1 765
-
7 296
-
pensions
3 114
-
12 875
-
income
1 420
-
17 562
-
total
6 402
-
38 162
-
Employer

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

20 764
-
183 159
-
pensions
1 142
-
4 721
-
unemployment
103
-
429
-
health
893
-
3 691
-
total
2 138
-
8 841
-
Corporate
169 099
192 000
-
-
income
15 218
17 280
-
-
total
15 218
17 280
-
-
Dividends
153 880
174 720
-
-
withholding
13 848
15 725
-
-
total
13 848
15 725
-
-
Income
192 000
192 000
192 000
192 000
Total tax
37 606
33 005
47 003
28 858
After tax
154 394
158 995
144 997
163 142
Living cost
14 362
14 362
14 362
14 362
Free-cash
140 032
144 632
130 635
148 780

Estimated living cost  is ₽14362 per week

₽9164
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1035
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.
₽3735
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98715
₽102711
₽78713
₽82509
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
84
unemployment
-
-
-
587
income
-
-
-
59 461
pensions
-
-
-
23 728
accident
-
-
-
755
total
-
-
-
84 615
Employee
33 449
-
165 270
-
unemployment
518
-
1 300
-
other
33
-
84
-
pensions
1 572
-
3 941
-
income
6 449
-
56 356
-
total
8 572
-
61 681
-
Employer
33 449
-
165 270
-
other
268
-
671
-
accident
663
-
1 660
-
pensions
7 893
-
19 788
-
unemployment
1 840
-
4 611
-
total
10 664
-
26 730
-
Corporate
147 887
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.

22 183
28 801
-
-
total
22 183
28 801
-
-
Dividends
125 704
163 199
-
-
withholding
26 990
35 612
-
-
total
26 990
35 612
-
-
Income
192 000
192 000
192 000
192 000
Total tax
68 409
64 413
88 411
84 615
After tax
123 591
127 587
103 589
107 385
Living cost
24 876
24 876
24 876
24 876
Free-cash
98 715
102 711
78 713
82 509

Estimated living cost  is ₽24876 per week

₽16791
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2391
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.
₽5258
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽117842
₽118119
₽122000
₽122119
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
66 067
pensions
-
-
-
1 232
health
-
-
-
893
total
-
-
-
68 192
Employee
2 572
-
190 614
-
unemployment
26
-
62
-
health
129
-
308
-
pensions
231
-
554
-
income
497
-
66 002
-
total
883
-
66 926
-
Employer
2 572
-
190 614
-
pensions
283
-
677
-
unemployment
51
-
123
-
health
244
-
585
-
total
578
-
1 385
-
Corporate
188 850
192 000
-
-
income
41 547
42 240
-
-
total
41 547
42 240
-
-
Dividends
147 303
149 760
-
-
withholding
29 461
29 952
-
-
total
29 461
29 952
-
-
Income
192 000
192 000
192 000
192 000
Total tax
72 469
72 192
68 311
68 192
After tax
119 531
119 808
123 689
123 808
Living cost
1 689
1 689
1 689
1 689
Free-cash
117 842
118 119
122 000
122 119

Estimated living cost  is ₽1689 per week

₽1003
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽137
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽39
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽510
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽118661
₽123105
₽106936
₽106934
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
1 001
income
-
-
-
44 228
pensions
-
-
-
17 349
health
-
-
-
6 873
total
-
-
-
69 451
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.

23 546
-
180 056
-
unemployment
177
-
500
-
health
1 213
-
3 436
-
pensions
3 296
-
9 342
-
income
3 246
-
44 228
-
total
7 932
-
57 506
-
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.

23 546
-
180 056
-
pensions
2 826
-
8 007
-
unemployment
177
-
500
-
health
1 213
-
3 436
-
total
4 216
-
11 943
-
Corporate
164 239
192 000
-
-
income
24 636
28 800
-
-
total
24 636
28 800
-
-
Dividends
139 603
163 200
-
-
withholding
20 940
24 480
-
-
total
20 940
24 480
-
-
Income
192 000
192 000
192 000
192 000
Total tax
57 724
53 280
69 449
69 451
After tax
134 276
138 720
122 551
122 549
Living cost
15 615
15 615
15 615
15 615
Free-cash
118 661
123 105
106 936
106 934

Estimated living cost  is ₽15615 per week

₽10513
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1208
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽452
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3442
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84495
₽84821
₽61765
₽76341
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions

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

-
-
-
66 720
income
-
-
-
24 551
surtax
-
-
-
-
total
-
-
-
91 271
Employee
35 110
-
155 152
-
surtax
-
-
19
-
social contributions
3 863
-
17 067
-
income
6 860
-
51 913
-
total
10 723
-
68 999
-
Employer
35 110
-
155 152
-
social contributions
8 338
-
36 848
-
total
8 338
-
36 848
-
Corporate
148 552
192 000
-
-
income
31 195
40 320
-
-
surtax
-
-
-
-
total
31 195
40 320
-
-
Dividends
117 357
151 680
-
-
withholding
32 861
42 471
-
-
total
32 861
42 471
-
-
Income
192 000
192 000
192 000
192 000
Total tax
83 117
82 791
105 847
91 271
After tax
108 883
109 209
86 153
100 729
Living cost
24 388
24 388
24 388
24 388
Free-cash
84 495
84 821
61 765
76 341

Estimated living cost  is ₽24388 per week

₽17273
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1694
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽433
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4989
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89877
₽95795
₽71797
₽75593
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
84
unemployment
-
-
-
587
income
-
-
-
59 461
pensions
-
-
-
23 728
accident
-
-
-
755
total
-
-
-
84 615
Employee
43 689
-
165 270
-
unemployment
676
-
1 300
-
other
43
-
84
-
pensions
2 053
-
3 941
-
income
9 125
-
56 356
-
total
11 897
-
61 681
-
Employer
43 689
-
165 270
-
other
350
-
671
-
accident
865
-
1 660
-
pensions
10 310
-
19 788
-
unemployment
2 403
-
4 611
-
total
13 928
-
26 730
-
Corporate
134 382
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.

20 157
28 801
-
-
total
20 157
28 801
-
-
Dividends
114 225
163 199
-
-
withholding
24 349
35 612
-
-
total
24 349
35 612
-
-
Income
192 000
192 000
192 000
192 000
Total tax
70 331
64 413
88 411
84 615
After tax
121 669
127 587
103 589
107 385
Living cost
31 792
31 792
31 792
31 792
Free-cash
89 877
95 795
71 797
75 593

Estimated living cost  is ₽31792 per week

₽22832
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2472
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6041
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽143266
₽148732
₽147303
₽139408
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
125
income
-
-
-
28 800
pensions

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

-
-
-
4 636
health
-
-
-
3 603
total
-
-
-
37 164
Employee
20 429
-
185 854
-
accident

We are using the highest rate at 1.1%.

225
-
345
-
health
940
-
1 441
-
pensions

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

1 793
-
2 751
-
income
2 043
-
18 585
-
total
5 001
-
23 122
-
Employer
20 429
-
185 854
-
accident

We are using the highest rate at 1.1%.

225
-
345
-
pensions

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

2 251
-
3 452
-
unemployment
123
-
188
-
health
1 410
-
2 162
-
total
4 009
-
6 147
-
Corporate
167 563
192 000
-
-
income
16 756
19 200
-
-
total
16 756
19 200
-
-
Dividends
150 807
172 800
-
-
withholding
7 540
8 640
-
-
total
7 540
8 640
-
-
Income
192 000
192 000
192 000
192 000
Total tax
33 306
27 840
29 269
37 164
After tax
158 694
164 160
162 731
154 836
Living cost
15 428
15 428
15 428
15 428
Free-cash
143 266
148 732
147 303
139 408

Estimated living cost  is ₽15428 per week

₽10204
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽883
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.
₽3973
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75668
₽63833
₽84460
₽62943
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
21 517
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.

-
-
-
62 971
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.

-
-
-
6 180
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.

-
-
-
3 464
total
-
-
-
94 132
Employee

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

45 010
-
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.

204
-
3 464
-
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.

6 180
-
6 180
-
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.

3 701
-
62 971
-
total
10 085
-
72 615
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
146 990
192 000
-
-
trade
21 093
27 553
-
-
income
22 049
28 801
-
-
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.

1 212
1 584
-
-
chamber of commerce
354
419
-
-
total
44 708
58 357
-
-
Dividends
102 283
133 643
-
-
withholding
25 227
33 067
-
-
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.

1 387
1 818
-
-
total
26 614
34 885
-
-
Income
192 000
192 000
192 000
192 000
Total tax
81 407
93 242
72 615
94 132
After tax
110 593
98 758
119 385
97 868
Living cost
34 925
34 925
34 925
34 925
Free-cash
75 668
63 833
84 460
62 943

Estimated living cost  is ₽34925 per week

₽24092
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3758
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽506
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6568
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84867
₽82868
₽45831
₽45831
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
32 790
income
-
-
-
61 848
total
-
-
-
94 638
Employee
70 761
-
192 000
-
social contributions
5 879
-
32 790
-
income
13 352
-
61 848
-
total
19 231
-
94 638
-
Employer
70 761
-
192 000
-
total
-
-
-
-
Corporate
121 239
192 000
-
-
income
15 155
24 001
-
-
total
15 155
24 001
-
-
Dividends
106 084
167 999
-
-
withholding
21 216
33 600
-
-
total
21 216
33 600
-
-
Income
192 000
192 000
192 000
192 000
Total tax
55 602
57 601
94 638
94 638
After tax
136 398
134 399
97 362
97 362
Living cost
51 531
51 531
51 531
51 531
Free-cash
84 867
82 868
45 831
45 831

Estimated living cost  is ₽51531 per week

₽39204
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4199
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽493
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7636
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90344
₽87184
₽101685
₽124862
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health

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

-
-
-
5 499
income
-
-
-
28 801
total
-
-
-
34 300
Employee
41 498
-
187 839
-
social contributions
4 158
-
4 161
-
income
4 503
-
49 155
-
total
8 661
-
53 316
-
Employer
41 498
-
187 839
-
social contributions
4 158
-
4 161
-
total
4 158
-
4 161
-
Corporate
146 344
192 000
-
-
income
51 220
67 199
-
-
total
51 220
67 199
-
-
Dividends
95 123
124 801
-
-
social contributions
4 779
4 779
-
-
total
4 779
4 779
-
-
Income
192 000
192 000
192 000
192 000
Total tax
68 818
71 978
57 477
34 300
After tax
123 182
120 022
134 523
157 700
Living cost
32 838
32 838
32 838
32 838
Free-cash
90 344
87 184
101 685
124 862

Estimated living cost  is ₽32838 per week

₽21630
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2589
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8115
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94028
₽88726
₽74297
₽91486
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
58 515
pensions
-
-
-
8 742
total
-
-
-
67 257
Employee
45 649
-
167 406
-
health
595
-
2 294
-
pensions
3 484
-
10 500
-
income
8 313
-
47 057
-
total
12 392
-
59 851
-
Employer
45 649
-
167 406
-
pensions
4 612
-
21 414
-
health
868
-
3 181
-
total
5 480
-
24 595
-
Corporate
140 871
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.

26 765
36 480
-
-
total
26 765
36 480
-
-
Dividends
114 106
155 520
-
-
withholding
20 078
33 537
-
-
total
20 078
33 537
-
-
Income
192 000
192 000
192 000
192 000
Total tax
64 715
70 017
84 446
67 257
After tax
127 285
121 983
107 554
124 743
Living cost
33 257
33 257
33 257
33 257
Free-cash
94 028
88 726
74 297
91 486

Estimated living cost  is ₽33257 per week

₽22814
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3058
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.
₽6966
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽12163
-₽6545
₽83199
₽109052
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
344
income
-
-
-
54 390
pensions
-
-
-
3 860
accident
-
-
-
234
health
-
-
-
2 023
total
-
-
-
60 851
Employee
34 760
-
174 587
-
health
3 980
-
19 990
-
pensions
3 914
-
7 077
-
income
4 769
-
42 224
-
total
12 663
-
69 291
-
Employer
34 760
-
174 587
-
accident
580
-
2 916
-
pensions
5 652
-
10 220
-
unemployment
851
-
4 277
-
total
7 083
-
17 413
-
Corporate
150 157
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.

135 141
172 800
-
-
total
135 141
172 800
-
-
Dividends
15 016
19 200
-
-
withholding
2 853
3 648
-
-
total
2 853
3 648
-
-
Income
192 000
192 000
192 000
192 000
Total tax
157 740
176 448
86 704
60 851
After tax
34 260
15 552
105 296
131 149
Living cost
22 097
22 097
22 097
22 097
Free-cash
12 163
-6 545
83 199
109 052

Estimated living cost  is ₽22097 per week

₽16217
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1288
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽445
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4147
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

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
₽131931
₽134667
₽127754
₽107872
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
1 735
income
-
-
-
32 151
pensions
-
-
-
26 606
health insurance
-
-
-
10 700
work injury
-
-
-
723
total
-
-
-
71 915
Employee

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

19 541
-
192 000
-
health insurance
1 446
-
5 350
-
unemployment
234
-
868
-
work injury
98
-
361
-
pensions
3 596
-
13 303
-
income
1 954
-
32 151
-
total
7 328
-
52 033
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
172 459
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%.

17 246
19 200
-
-
total
17 246
19 200
-
-
Dividends
155 213
172 800
-
-
withholding
23 282
25 920
-
-
total
23 282
25 920
-
-
Income
192 000
192 000
192 000
192 000
Total tax
47 856
45 120
52 033
71 915
After tax
144 144
146 880
139 967
120 085
Living cost
12 213
12 213
12 213
12 213
Free-cash
131 931
134 667
127 754
107 872

Estimated living cost  is ₽12213 per week

₽7566
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽887
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.
₽3378
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60979
₽65093
₽45986
₽53416
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
4 584
social contributions
-
-
-
45 276
municipal
-
-
-
1 320
national
-
-
-
51 366
total
-
-
-
102 546
Employee
76 228
-
192 000
-
national
12 882
-
45 312
-
regional
1 151
-
4 114
-
municipal
455
-
1 193
-
social contributions
25 704
-
59 357
-
total
40 192
-
109 976
-
Employer
76 228
-
192 000
-
total
-
-
-
-
Corporate
115 772
192 000
-
-
nationa
27 784
46 081
-
-
municipal
5 581
9 255
-
-
total
33 365
55 336
-
-
Dividends
82 406
136 665
-
-
withholding
21 426
35 533
-
-
total
21 426
35 533
-
-
Income
192 000
192 000
192 000
192 000
Total tax
94 983
90 869
109 976
102 546
After tax
97 017
101 131
82 024
89 454
Living cost
36 038
36 038
36 038
36 038
Free-cash
60 979
65 093
45 986
53 416

Estimated living cost  is ₽36038 per week

₽25314
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2479
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽544
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7699
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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