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
₽78697
₽68288
₽91382
₽68034
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 348
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.

-
-
-
3 424
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.

-
-
-
62 257
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.

-
-
-
6 430
total
-
-
-
95 459
Employee

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

35 997
-
192 000
-
health

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

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

6 430
-
6 430
-
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.

55
-
3 424
-
income

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

1 006
-
62 257
-
total
7 491
-
72 111
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
156 003
192 000
-
-
surtax

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

1 288
1 584
-
-
trade
24 570
30 241
-
-
chamber of commerce
368
418
-
-
income
23 400
28 799
-
-
total
49 626
61 042
-
-
Dividends
106 377
130 958
-
-
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.

1 443
1 781
-
-
withholding
26 236
32 382
-
-
total
27 679
34 163
-
-
Income
192 000
192 000
192 000
192 000
Total tax
84 796
95 205
72 111
95 459
After tax
107 204
96 795
119 889
96 541
Living cost
28 507
28 507
28 507
28 507
Free-cash
78 697
68 288
91 382
68 034

Estimated living cost  is ₽28507 per week

₽17931
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3324
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽532
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6719
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66555
₽67427
₽60957
₽59926
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
21 104
pensions
-
-
-
23 040
national
-
-
-
33 485
total
-
-
-
79 693
Employee
81 200
-
165 982
-
national
15 542
-
35 113
-
pensions
3 248
-
6 639
-
municipal
10 030
-
21 847
-
total
28 820
-
63 599
-
Employer
81 200
-
165 982
-
social contributions
873
-
1 784
-
pensions
6 496
-
13 279
-
total
7 369
-
15 063
-
Corporate
98 071
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%.

19 614
38 400
-
-
total
19 614
38 400
-
-
Dividends
78 457
153 600
-
-
withholding
17 261
33 792
-
-
total
17 261
33 792
-
-
Income
192 000
192 000
192 000
192 000
Total tax
73 064
72 192
78 662
79 693
After tax
118 936
119 808
113 338
112 307
Living cost
52 381
52 381
52 381
52 381
Free-cash
66 555
67 427
60 957
59 926

Estimated living cost  is ₽52381 per week

₽35603
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4869
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽784
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11125
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽126301
₽134019
₽62858
₽48929
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

As of 1 January, 2018 a microenterprise tax rate for microenterprise turnover of up to €40,000 is 15%. This tax is inclusive of all other taxes and contributions.

Microenterprise tax could also be applied to a company but as the only exception is a limitation of liability, we advise to register as a sole-trader.

-
-
-
192 000
surtax
-
-
-
48 960
social contributions

Each person younger than 30 on 1 July, 2001 should make pension contributions to an old-age pension account. We include it in our internal model.

-
-
-
36 059
income
-
-
-
38 472
microenterprise
-
-
-
-
total
-
-
-
123 491
Employee
27 501
-
148 630
-
social contributions

Each person younger than 30 on 1 July, 2001 should make pension contributions to an old-age pension account. We include it in our internal model.

3 025
-
12 338
-
surtax
-
-
21 552
-
income
4 895
-
32 303
-
total
7 920
-
66 193
-
Employer
27 501
-
148 630
-
surtax
-
-
16 349
-
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.

6 624
-
27 020
-
total
6 624
-
43 369
-
Corporate
157 875
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%.

31 575
38 401
-
-
total
31 575
38 401
-
-
Dividends

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

126 300
153 599
-
-
total
-
-
-
-
Income
192 000
192 000
192 000
192 000
Total tax
46 119
38 401
109 562
123 491
After tax
145 881
153 599
82 438
68 509
Living cost
19 580
19 580
19 580
19 580
Free-cash
126 301
134 019
62 858
48 929

Estimated living cost  is ₽19580 per week

₽12491
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1865
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.
₽4779
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50255
₽56021
₽83376
₽64750
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
65 192
pensions
-
-
-
11 027
health
-
-
-
11 605
total
-
-
-
87 824
Employee
80 370
80 370
174 510
-
health
12 336
10 493
11 605
-
pensions
14 467
11 027
11 027
-
income

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

13 155
13 155
29 076
-
total
39 958
34 675
51 708
-
Employer
80 370
80 370
174 510
-
health
5 587
5 587
6 942
-
unemployment
2 893
2 893
3 595
-
pensions
5 594
5 594
6 953
-
total
14 074
14 074
17 490
-
Corporate
98 542
97 556
-
-
income
19 709
19 512
-
-
total
19 709
19 512
-
-
Dividends
78 833
78 044
-
-
income
16 753
16 585
-
-
withholding
11 825
11 707
-
-
total
28 578
28 292
-
-
Income
192 000
192 000
192 000
192 000
Total tax
102 319
96 553
69 198
87 824
After tax
89 681
95 447
122 802
104 176
Living cost
39 426
39 426
39 426
39 426
Free-cash
50 255
56 021
83 376
64 750

Estimated living cost  is ₽39426 per week

₽27940
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3554
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽627
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7305
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65836
₽66693
₽58068
₽58994
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 713
municipal
-
-
-
50 033
unemployment
-
-
-
84
pensions
-
-
-
9 036
accident
-
-
-
167
health
-
-
-
5 216
national
-
-
-
20 618
total
-
-
-
94 867
Employee
54 345
-
165 737
-
national
-
-
20 106
-
municipal
16 206
-
49 423
-
total
16 206
-
69 529
-
Employer
54 345
-
165 737
-
other
6 315
-
9 713
-
health
3 342
-
5 141
-
accident
109
-
167
-
unemployment
1 435
-
2 207
-
pensions
5 875
-
9 036
-
total
17 076
-
26 264
-
Corporate
120 580
192 000
-
-
income
26 527
42 240
-
-
total
26 527
42 240
-
-
Dividends
94 052
149 760
-
-
withholding
28 216
44 928
-
-
total
28 216
44 928
-
-
Income
192 000
192 000
192 000
192 000
Total tax
88 025
87 168
95 793
94 867
After tax
103 975
104 832
96 207
97 133
Living cost
38 139
38 139
38 139
38 139
Free-cash
65 836
66 693
58 068
58 994

Estimated living cost  is ₽38139 per week

₽25277
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3743
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽579
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8540
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72060
₽58836
₽82917
₽58531
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
24 386
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.

-
-
-
3 424
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.

-
-
-
62 257
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.

-
-
-
6 430
total
-
-
-
96 497
Employee

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

47 727
-
192 000
-
health

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

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

6 430
-
6 430
-
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.

225
-
3 424
-
income

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

4 101
-
62 257
-
total
10 756
-
72 111
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
144 273
192 000
-
-
surtax

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

1 189
1 584
-
-
trade
23 732
31 584
-
-
chamber of commerce
348
416
-
-
income
21 641
28 799
-
-
total
46 910
62 383
-
-
Dividends
97 361
129 617
-
-
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.

1 320
1 763
-
-
withholding
23 982
32 046
-
-
total
25 302
33 809
-
-
Income
192 000
192 000
192 000
192 000
Total tax
82 968
96 192
72 111
96 497
After tax
109 032
95 808
119 889
95 503
Living cost
36 972
36 972
36 972
36 972
Free-cash
72 060
58 836
82 917
58 531

Estimated living cost  is ₽36972 per week

₽24727
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3899
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽552
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7794
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽105550
₽109453
₽97775
₽99395
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 227
income
-
-
-
41 957
health
-
-
-
4 895
total
-
-
-
62 079
Employee
72 370
72 370
180 559
-
social contributions
3 517
6 006
8 101
-
health
720
1 231
3 070
-
income
7 599
6 699
41 087
-
total
11 836
13 936
52 258
-
Employer
72 370
72 370
180 559
-
health
784
1 340
3 340
-
social contributions
3 517
6 006
8 101
-
total
4 301
7 346
11 441
-
Corporate
145 337
112 284
-
-
income
18 167
14 036
-
-
total
18 167
14 036
-
-
Dividends
127 170
98 248
-
-
withholding
21 620
16 703
-
-
total
21 620
16 703
-
-
Income
192 000
192 000
192 000
192 000
Total tax
55 924
52 021
63 699
62 079
After tax
136 076
139 979
128 301
129 921
Living cost
30 526
30 526
30 526
30 526
Free-cash
105 550
109 453
97 775
99 395

Estimated living cost  is ₽30526 per week

₽20868
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2384
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6762
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89664
₽89277
₽92750
₽114455
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 472
unemployment
-
-
-
2 880
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.

26 782
10 659
160 669
-
unemployment
402
160
2 410
-
health
1 875
746
11 247
-
pensions
2 678
1 066
16 067
-
income
3 274
1 303
19 642
-
total
8 229
3 275
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.

26 782
10 659
160 669
-
pensions
5 222
2 078
31 331
-
total
5 222
2 078
31 331
-
Corporate
159 996
179 263
-
-
income
14 400
16 134
-
-
total
14 400
16 134
-
-
Dividends
145 596
163 129
-
-
social contributions
28 269
31 688
-
-
withholding
27 663
30 995
-
-
total
55 932
62 683
-
-
Income
192 000
192 000
192 000
192 000
Total tax
83 783
84 170
80 697
58 992
After tax
108 217
107 830
111 303
133 008
Living cost
18 553
18 553
18 553
18 553
Free-cash
89 664
89 277
92 750
114 455

Estimated living cost  is ₽18553 per week

₽12661
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1518
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽371
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4003
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽125022
₽130867
₽87932
₽80181
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
25 729
pensions
-
-
-
38 399
health
-
-
-
24 959
total
-
-
-
89 087
Employee
26 699
-
143 497
-
unemployment
427
-
2 297
-
pensions
534
-
2 870
-
income
3 006
-
27 667
-
total
3 967
-
32 834
-
Employer
26 699
-
143 497
-
health
3 470
-
18 655
-
unemployment
214
-
1 148
-
pensions
5 340
-
28 699
-
total
9 024
-
48 502
-
Corporate
156 276
192 000
-
-
income
31 255
38 401
-
-
total
31 255
38 401
-
-
Dividends
125 021
153 599
-
-
total
-
-
-
-
Income
192 000
192 000
192 000
192 000
Total tax
44 246
38 401
81 336
89 087
After tax
147 754
153 599
110 664
102 913
Living cost
22 732
22 732
22 732
22 732
Free-cash
125 022
130 867
87 932
80 181

Estimated living cost  is ₽22732 per week

₽15592
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1354
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5329
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4850
₽84895
₽110747
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
54 392
pensions
-
-
-
3 859
accident
-
-
-
234
health
-
-
-
2 022
total
-
-
-
60 851
Employee
32 094
-
174 590
-
health
3 675
-
19 991
-
pensions
3 614
-
7 075
-
income
4 403
-
42 227
-
total
11 692
-
69 293
-
Employer
32 094
-
174 590
-
accident
536
-
2 916
-
unemployment
786
-
4 277
-
pensions
5 219
-
10 217
-
total
6 541
-
17 410
-
Corporate
153 366
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.

138 029
172 800
-
-
total
138 029
172 800
-
-
Dividends
15 337
19 200
-
-
withholding
2 914
3 648
-
-
total
2 914
3 648
-
-
Income
192 000
192 000
192 000
192 000
Total tax
159 176
176 448
86 703
60 851
After tax
32 824
15 552
105 297
131 149
Living cost
20 402
20 402
20 402
20 402
Free-cash
12 422
-4 850
84 895
110 747

Estimated living cost  is ₽20402 per week

₽14953
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1130
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.
₽3893
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽172471
₽174039
₽145239
₽181719
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
10 450
-
192 000
-
income
2 090
-
38 400
-
total
2 090
-
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%.

181 550
192 000
-
-
total
-
-
-
-
Dividends
181 550
192 000
-
-
withholding
9 078
9 600
-
-
total
9 078
9 600
-
-
Income
192 000
192 000
192 000
192 000
Total tax
11 168
9 600
38 400
1 920
After tax
180 832
182 400
153 600
190 080
Living cost
8 361
8 361
8 361
8 361
Free-cash
172 471
174 039
145 239
181 719

Estimated living cost  is ₽8361 per week

₽5181
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽695
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽230
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2255
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽109630
₽115983
₽85689
₽87322
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 798
income
-
-
-
32 157
pensions

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

-
-
-
34 348
health
-
-
-
6 297
total
-
-
-
79 600
Employee
34 172
-
155 833
-
unemployment
341
-
1 431
-
health
479
-
2 004
-
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.

2 391
-
10 018
-
income
5 883
-
31 612
-
total
9 094
-
45 065
-
Employer
34 172
-
155 833
-
other
1 709
-
7 155
-
health
479
-
2 004
-
accident
273
-
1 247
-
unemployment
341
-
1 431
-
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.

5 810
-
24 331
-
total
8 612
-
36 168
-
Corporate
149 216
192 000
-
-
income
31 335
40 321
-
-
total
31 335
40 321
-
-
Dividends
117 880
151 679
-
-
withholding
8 251
10 618
-
-
total
8 251
10 618
-
-
Income
192 000
192 000
192 000
192 000
Total tax
57 292
50 939
81 233
79 600
After tax
134 708
141 061
110 767
112 400
Living cost
25 078
25 078
25 078
25 078
Free-cash
109 630
115 983
85 689
87 322

Estimated living cost  is ₽25078 per week

₽17719
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1693
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽404
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5262
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66230
₽58868
₽43985
₽61239
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
57 250
pensions
-
-
-
9 111
total
-
-
-
66 361
Employee
91 117
-
167 515
-
health
1 501
-
2 342
-
pensions
8 790
-
11 043
-
income
16 425
-
45 747
-
total
26 716
-
59 132
-
Employer
91 117
-
167 515
-
health
1 730
-
3 183
-
pensions
10 758
-
21 300
-
total
12 488
-
24 483
-
Corporate
88 395
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.

16 796
36 480
-
-
total
16 796
36 480
-
-
Dividends
71 599
155 520
-
-
withholding
5 370
32 252
-
-
total
5 370
32 252
-
-
Income
192 000
192 000
192 000
192 000
Total tax
61 370
68 732
83 615
66 361
After tax
130 630
123 268
108 385
125 639
Living cost
64 400
64 400
64 400
64 400
Free-cash
66 230
58 868
43 985
61 239

Estimated living cost  is ₽64400 per week

₽48256
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7567
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.
₽8054
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽147501
₽151857
₽149961
₽142146
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 800
unemployment
-
-
-
131
pensions

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

-
-
-
4 851
health
-
-
-
3 769
total
-
-
-
37 551
Employee
16 290
-
185 570
-
health
749
-
1 508
-
accident

We are using the highest rate at 1.1%.

179
-
361
-
pensions

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

1 430
-
2 878
-
income
1 629
-
18 557
-
total
3 987
-
23 304
-
Employer
16 290
-
185 570
-
health
1 124
-
2 262
-
accident

We are using the highest rate at 1.1%.

179
-
361
-
unemployment
97
-
197
-
pensions

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

1 795
-
3 612
-
total
3 195
-
6 432
-
Corporate
172 513
192 000
-
-
income
17 251
19 200
-
-
total
17 251
19 200
-
-
Dividends
155 262
172 800
-
-
withholding
7 763
8 640
-
-
total
7 763
8 640
-
-
Income
192 000
192 000
192 000
192 000
Total tax
32 196
27 840
29 736
37 551
After tax
159 804
164 160
162 264
154 449
Living cost
12 303
12 303
12 303
12 303
Free-cash
147 501
151 857
149 961
142 146

Estimated living cost  is ₽12303 per week

₽7183
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽879
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽326
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3916
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45627
₽43259
₽70614
₽51988
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
65 192
pensions
-
-
-
11 027
health
-
-
-
11 605
total
-
-
-
87 824
Employee
87 256
80 370
174 510
-
health
10 886
10 493
11 605
-
pensions
11 027
11 027
11 027
-
income

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

13 155
13 155
29 076
-
total
35 068
34 675
51 708
-
Employer
87 256
80 370
174 510
-
health
6 063
5 587
6 942
-
unemployment
3 142
2 893
3 595
-
pensions
6 072
5 594
6 953
-
total
15 277
14 074
17 490
-
Corporate
89 466
97 556
-
-
income
17 894
19 512
-
-
total
17 894
19 512
-
-
Dividends
71 572
78 044
-
-
income
15 210
16 585
-
-
withholding
10 736
11 707
-
-
total
25 946
28 292
-
-
Income
192 000
192 000
192 000
192 000
Total tax
94 185
96 553
69 198
87 824
After tax
97 815
95 447
122 802
104 176
Living cost
52 188
52 188
52 188
52 188
Free-cash
45 627
43 259
70 614
51 988

Estimated living cost  is ₽52188 per week

₽38497
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4661
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽598
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8432
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽100476
₽108816
₽79867
₽87993
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
33 638
income
-
-
-
19 866
health
-
-
-
25 920
solidarity contribution
-
-
-
1 207
total
-
-
-
80 631
Employee
34 377
-
149 725
-
social contributions
2 235
-
7 488
-
health
4 641
-
20 213
-
solidarity contribution
-
-
478
-
income
4 125
-
18 304
-
total
11 001
-
46 483
-
Employer
34 377
-
149 725
-
health
3 094
-
13 475
-
social contributions
8 594
-
28 799
-
total
11 688
-
42 274
-
Corporate
145 935
192 000
-
-
income
27 728
36 480
-
-
total
27 728
36 480
-
-
Dividends
118 207
155 520
-
-
withholding
17 731
23 328
-
-
total
17 731
23 328
-
-
Income
192 000
192 000
192 000
192 000
Total tax
68 148
59 808
88 757
80 631
After tax
123 852
132 192
103 243
111 369
Living cost
23 376
23 376
23 376
23 376
Free-cash
100 476
108 816
79 867
87 993

Estimated living cost  is ₽23376 per week

₽16237
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1663
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.
₽5016
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57813
₽62725
₽43532
₽51583
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 335
social contributions
-
-
-
47 104
municipal
-
-
-
1 159
national
-
-
-
50 106
total
-
-
-
100 704
Employee
83 643
-
192 000
-
social contributions
28 205
-
61 755
-
national
14 493
-
43 880
-
regional
789
-
2 079
-
municipal
443
-
1 041
-
total
43 930
-
108 755
-
Employer
83 643
-
192 000
-
total
-
-
-
-
Corporate
108 357
192 000
-
-
municipal
4 226
7 489
-
-
nationa
26 006
46 081
-
-
total
30 232
53 570
-
-
Dividends
78 125
138 431
-
-
withholding
20 312
35 992
-
-
total
20 312
35 992
-
-
Income
192 000
192 000
192 000
192 000
Total tax
94 474
89 562
108 755
100 704
After tax
97 526
102 438
83 245
91 296
Living cost
39 713
39 713
39 713
39 713
Free-cash
57 813
62 725
43 532
51 583

Estimated living cost  is ₽39713 per week

₽27683
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2604
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽609
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8816
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97072
₽99999
₽63988
₽69742
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 000
other
-
-
-
-
surtax
-
-
-
9 466
income
-
-
-
57 770
unemployment
-
-
-
214
pensions
-
-
-
25 122
health
-
-
-
8 918
total
-
-
-
101 490
Employee
31 123
-
165 560
-
other
-
-
-
-
unemployment
2 166
-
8 742
-
health
795
-
3 202
-
surtax
102
-
8 341
-
pensions
2 075
-
8 378
-
income
5 217
-
52 141
-
total
10 355
-
80 804
-
Employer
31 123
-
165 560
-
other
-
-
-
-
health
1 416
-
5 715
-
unemployment
986
-
3 981
-
pensions
4 149
-
16 744
-
total
6 551
-
26 440
-
Corporate
154 326
192 000
-
-
income
40 124
49 921
-
-
total
40 124
49 921
-
-
Dividends
114 201
142 079
-
-
withholding
17 130
21 312
-
-
total
17 130
21 312
-
-
Income
192 000
192 000
192 000
192 000
Total tax
74 160
71 233
107 244
101 490
After tax
117 840
120 767
84 756
90 510
Living cost
20 768
20 768
20 768
20 768
Free-cash
97 072
99 999
63 988
69 742

Estimated living cost  is ₽20768 per week

₽12698
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1916
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽479
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5674
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85631
₽79271
₽64388
₽81642
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
57 250
pensions
-
-
-
9 111
total
-
-
-
66 361
Employee
61 064
-
167 515
-
health
886
-
2 342
-
pensions
5 183
-
11 043
-
income
10 998
-
45 747
-
total
17 067
-
59 132
-
Employer
61 064
-
167 515
-
health
1 160
-
3 183
-
pensions
6 610
-
21 300
-
total
7 770
-
24 483
-
Corporate
123 166
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.

23 402
36 480
-
-
total
23 402
36 480
-
-
Dividends
99 764
155 520
-
-
withholding
14 133
32 252
-
-
total
14 133
32 252
-
-
Income
192 000
192 000
192 000
192 000
Total tax
62 372
68 732
83 615
66 361
After tax
129 628
123 268
108 385
125 639
Living cost
43 997
43 997
43 997
43 997
Free-cash
85 631
79 271
64 388
81 642

Estimated living cost  is ₽43997 per week

₽32962
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3298
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.
₽7276
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽44828
₽12696
₽70649
₽78815
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
3 840
regional
-
-
-
10 090
city
-
-
-
2 023
pensions
-
-
-
17 664
health
-
-
-
432
national
-
-
-
4 036
total
-
-
-
38 085
Employee
87 886
-
172 129
-
national
416
-
3 089
-
unemployment
-
-
-
-
regional
2 878
-
8 797
-
city
943
-
1 854
-
health
199
-
388
-
pensions
7 384
-
14 146
-
total
11 820
-
28 274
-
Employer
87 886
-
172 129
-
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.

1 757
-
3 443
-
health
199
-
388
-
unemployment
-
-
-
-
pensions
7 384
-
14 146
-
total
9 340
-
17 977
-
Corporate
93 808
192 000
-
-
national
7 974
16 320
-
-
regional
19 840
40 608
-
-
total
27 814
56 928
-
-
Dividends
65 994
135 072
-
-
withholding
23 098
47 276
-
-
total
23 098
47 276
-
-
Income
192 000
192 000
192 000
192 000
Total tax
72 072
104 204
46 251
38 085
After tax
119 928
87 796
145 749
153 915
Living cost
75 100
75 100
75 100
75 100
Free-cash
44 828
12 696
70 649
78 815

Estimated living cost  is ₽75100 per week

₽48837
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6739
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽922
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18602
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽66967
₽51706
₽76775
₽51351
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
25 424
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.

-
-
-
3 424
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.

-
-
-
62 257
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.

-
-
-
6 430
total
-
-
-
97 535
Employee

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

56 561
-
192 000
-
health

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

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

6 430
-
6 430
-
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.

366
-
3 424
-
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.

6 651
-
62 257
-
total
13 447
-
72 111
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
135 439
192 000
-
-
surtax

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

1 118
1 584
-
-
trade
23 227
32 929
-
-
chamber of commerce
334
413
-
-
income
20 316
28 799
-
-
total
44 995
63 725
-
-
Dividends
90 444
128 275
-
-
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.

1 223
1 745
-
-
withholding
22 254
31 710
-
-
total
23 477
33 455
-
-
Income
192 000
192 000
192 000
192 000
Total tax
81 919
97 180
72 111
97 535
After tax
110 081
94 820
119 889
94 465
Living cost
43 114
43 114
43 114
43 114
Free-cash
66 967
51 706
76 775
51 351

Estimated living cost  is ₽43114 per week

₽31489
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3449
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7617
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70127
₽64569
₽70202
₽74573
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 000
other
-
-
-
5 953
surtax
-
-
-
-
social contributions
-
-
-
5 471
income
-
-
-
33 128
pensions
-
-
-
31 738
health
-
-
-
8 937
total
-
-
-
85 227
Employee
40 280
-
147 312
-
social contributions
1 148
-
4 197
-
surtax
-
-
-
-
pensions
4 554
-
10 775
-
income
2 377
-
29 938
-
total
8 079
-
44 910
-
Employer
40 280
-
147 312
-
other
1 390
-
5 973
-
health
2 820
-
14 261
-
social contributions
121
-
441
-
unemployment
1 631
-
5 967
-
pensions
6 617
-
18 046
-
total
12 579
-
44 688
-
Corporate
139 142
192 000
-
-
surtax
-
-
-
-
income
38 960
53 760
-
-
total
38 960
53 760
-
-
Dividends
100 182
138 240
-
-
withholding
12 824
17 694
-
-
social contributions
17 231
23 777
-
-
surtax
-
-
-
-
total
30 055
41 471
-
-
Income
192 000
192 000
192 000
192 000
Total tax
89 673
95 231
89 598
85 227
After tax
102 327
96 769
102 402
106 773
Living cost
32 200
32 200
32 200
32 200
Free-cash
70 127
64 569
70 202
74 573

Estimated living cost  is ₽32200 per week

₽20303
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2618
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8732
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72986
₽67759
₽73392
₽77763
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 000
other
-
-
-
5 953
surtax
-
-
-
-
social contributions
-
-
-
5 471
income
-
-
-
33 128
pensions
-
-
-
31 738
health
-
-
-
8 937
total
-
-
-
85 227
Employee
35 955
-
147 312
-
social contributions
1 025
-
4 197
-
surtax
-
-
-
-
pensions
4 067
-
10 775
-
income
1 854
-
29 938
-
total
6 946
-
44 910
-
Employer
35 955
-
147 312
-
other
1 241
-
5 973
-
health
2 516
-
14 261
-
social contributions
107
-
441
-
unemployment
1 456
-
5 967
-
pensions
5 908
-
18 046
-
total
11 228
-
44 688
-
Corporate
144 816
192 000
-
-
surtax
-
-
-
-
income
40 548
53 760
-
-
total
40 548
53 760
-
-
Dividends
104 268
138 240
-
-
withholding
13 347
17 694
-
-
social contributions
17 935
23 777
-
-
surtax
-
-
-
-
total
31 282
41 471
-
-
Income
192 000
192 000
192 000
192 000
Total tax
90 004
95 231
89 598
85 227
After tax
101 996
96 769
102 402
106 773
Living cost
29 010
29 010
29 010
29 010
Free-cash
72 986
67 759
73 392
77 763

Estimated living cost  is ₽29010 per week

₽16824
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2947
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8689
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97669
₽97179
₽98616
₽103347
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 799
health
-
-
-
13 402
total
-
-
-
68 696
Employee
31 910
-
192 000
-
social contributions
4 404
-
26 495
-
health
2 227
-
13 402
-
income
5 322
-
33 530
-
total
11 953
-
73 427
-
Employer
31 910
-
192 000
-
total
-
-
-
-
Corporate
160 090
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%.

8 005
9 600
-
-
total
8 005
9 600
-
-
Dividends
152 085
182 400
-
-
social contributions
20 987
25 172
-
-
withholding
22 813
27 360
-
-
health
10 616
12 732
-
-
total
54 416
65 264
-
-
Income
192 000
192 000
192 000
192 000
Total tax
74 374
74 864
73 427
68 696
After tax
117 626
117 136
118 573
123 304
Living cost
19 957
19 957
19 957
19 957
Free-cash
97 669
97 179
98 616
103 347

Estimated living cost  is ₽19957 per week

₽13356
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1231
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽459
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4910
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71364
₽72820
₽17382
₽65453
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 000
surtax
-
-
-
186
chamber of commerce
-
-
-
768
income
-
-
-
57 908
unemployment
-
-
-
5 772
pensions
-
-
-
20 341
health
-
-
-
8 410
total
-
-
-
93 385
Employee
47 034
37 506
156 755
-
other
470
375
1 100
-
unemployment
1 411
1 125
3 299
-
health
1 820
1 452
4 254
-
pensions
4 817
3 840
11 259
-
income
5 354
2 767
48 002
-
total
13 872
9 559
67 914
-
Employer
47 034
37 506
156 755
-
other
2 234
1 781
7 048
-
chamber of commerce
188
150
627
-
surtax
186
186
186
-
health
1 777
1 418
4 156
-
accident
611
488
1 429
-
payroll
1 411
1 125
4 703
-
unemployment
1 411
1 125
3 299
-
pensions
5 903
4 708
13 799
-
total
13 721
10 981
35 247
-
Corporate
131 246
143 514
153 183
-
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.

32 811
35 879
38 295
-
total
32 811
35 879
38 295
-
Dividends
98 435
107 635
-
-
withholding
27 070
29 599
-
-
total
27 070
29 599
-
-
Income
192 000
192 000
192 000
192 000
Total tax
87 474
86 018
141 456
93 385
After tax
104 526
105 982
50 544
98 615
Living cost
33 162
33 162
33 162
33 162
Free-cash
71 364
72 820
17 382
65 453

Estimated living cost  is ₽33162 per week

₽22118
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2829
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7671
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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
₽58896
₽72148
₽31819
₽49095
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 464
communal

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

-
-
-
10 112
national
-
-
-
75 014
total
-
-
-
108 590
Employee

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

67 321
-
148 709
-
national
20 697
-
55 382
-
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.

586
-
1 293
-
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.

3 163
-
6 990
-
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.

5 049
-
11 154
-
communal

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

3 511
-
7 757
-
total
33 006
-
82 576
-
Employer

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

67 321
-
148 709
-
surtax
7 633
-
16 863
-
health

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

4 140
-
9 146
-
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.

875
-
1 934
-
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.

982
-
2 172
-
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.

5 965
-
13 175
-
total
19 595
-
43 290
-
Corporate
105 083
192 000
-
-
surtax
420
793
-
-
income
21 016
39 606
-
-
total
21 436
40 399
-
-
Dividends
83 648
151 601
-
-
withholding

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

24 752
45 138
-
-
total
24 752
45 138
-
-
Income
192 000
192 000
192 000
192 000
Total tax
98 789
85 537
125 866
108 590
After tax
93 211
106 463
66 134
83 410
Living cost
34 315
34 315
34 315
34 315
Free-cash
58 896
72 148
31 819
49 095

Estimated living cost  is ₽34315 per week

₽22104
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3000
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽538
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8675
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87228
₽93676
₽69519
₽73467
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
88
income
-
-
-
58 373
unemployment
-
-
-
611
pensions
-
-
-
24 686
accident
-
-
-
786
total
-
-
-
84 544
Employee
46 848
-
164 190
-
other
46
-
88
-
unemployment
727
-
1 352
-
pensions
2 202
-
4 101
-
income
9 885
-
55 142
-
total
12 860
-
60 683
-
Employer
46 848
-
164 190
-
other
373
-
698
-
accident
927
-
1 727
-
unemployment
2 577
-
4 797
-
pensions
11 055
-
20 587
-
total
14 932
-
27 809
-
Corporate
130 219
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.

19 534
28 799
-
-
total
19 534
28 799
-
-
Dividends
110 686
163 201
-
-
withholding
23 457
35 536
-
-
total
23 457
35 536
-
-
Income
192 000
192 000
192 000
192 000
Total tax
70 783
64 335
88 492
84 544
After tax
121 217
127 665
103 508
107 456
Living cost
33 989
33 989
33 989
33 989
Free-cash
87 228
93 676
69 519
73 467

Estimated living cost  is ₽33989 per week

₽25029
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2411
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6058
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46369
₽59131
₽48500
₽40846
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 000
surtax
-
-
-
9 518
income
-
-
-
34 469
communal
-
-
-
12 134
pensions
-
-
-
28 778
accident
-
-
-
1 618
health
-
-
-
13 491
total
-
-
-
100 008
Employee
71 272
-
171 506
-
health
3 172
-
7 632
-
surtax
4 369
-
10 511
-
pensions
5 701
-
13 720
-
income
6 884
-
39 997
-
total
20 126
-
71 860
-
Employer
71 272
-
171 506
-
health
2 174
-
5 231
-
accident
641
-
1 543
-
pensions
5 701
-
13 720
-
total
8 516
-
20 494
-
Corporate
112 212
192 000
-
-
surtax
1 179
2 016
-
-
income
16 831
28 799
-
-
communal
7 574
12 959
-
-
total
25 584
43 774
-
-
Dividends
86 628
148 225
-
-
income
27 264
15 715
-
-
withholding
12 995
22 234
-
-
total
40 259
37 949
-
-
Income
192 000
192 000
192 000
192 000
Total tax
94 485
81 723
92 354
100 008
After tax
97 515
110 277
99 646
91 992
Living cost
51 146
51 146
51 146
51 146
Free-cash
46 369
59 131
48 500
40 846

Estimated living cost  is ₽51146 per week

₽38367
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3099
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽541
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9137
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96635
₽99628
₽63617
₽69371
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 000
other
-
-
-
-
surtax
-
-
-
9 466
income
-
-
-
57 770
unemployment
-
-
-
214
pensions
-
-
-
25 122
health
-
-
-
8 918
total
-
-
-
101 490
Employee
31 695
-
165 560
-
other
-
-
-
-
unemployment
2 206
-
8 742
-
health
809
-
3 202
-
surtax
113
-
8 341
-
pensions
2 115
-
8 378
-
income
5 313
-
52 141
-
total
10 556
-
80 804
-
Employer
31 695
-
165 560
-
other
-
-
-
-
health
1 441
-
5 715
-
unemployment
1 006
-
3 981
-
pensions
4 226
-
16 744
-
total
6 673
-
26 440
-
Corporate
153 633
192 000
-
-
income
39 944
49 921
-
-
total
39 944
49 921
-
-
Dividends
113 689
142 079
-
-
withholding
17 053
21 312
-
-
total
17 053
21 312
-
-
Income
192 000
192 000
192 000
192 000
Total tax
74 226
71 233
107 244
101 490
After tax
117 774
120 767
84 756
90 510
Living cost
21 139
21 139
21 139
21 139
Free-cash
96 635
99 628
63 617
69 371

Estimated living cost  is ₽21139 per week

₽12763
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1838
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6049
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73477
₽75566
₽57328
₽65338
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 941
social contributions
-
-
-
47 104
municipal
-
-
-
1 159
national
-
-
-
50 106
total
-
-
-
101 310
Employee
52 207
-
192 000
-
social contributions
17 605
-
61 755
-
national
8 271
-
43 880
-
regional
703
-
2 644
-
municipal
277
-
1 041
-
total
26 856
-
109 320
-
Employer
52 207
-
192 000
-
total
-
-
-
-
Corporate
139 793
192 000
-
-
municipal
6 948
9 543
-
-
nationa
33 550
46 081
-
-
total
40 498
55 624
-
-
Dividends
99 296
136 377
-
-
withholding
25 817
35 458
-
-
total
25 817
35 458
-
-
Income
192 000
192 000
192 000
192 000
Total tax
93 171
91 082
109 320
101 310
After tax
98 829
100 918
82 680
90 690
Living cost
25 352
25 352
25 352
25 352
Free-cash
73 477
75 566
57 328
65 338

Estimated living cost  is ₽25352 per week

₽15767
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2568
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽434
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6583
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93111
₽103386
₽74437
₽82563
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
33 638
income
-
-
-
19 866
health
-
-
-
25 920
solidarity contribution
-
-
-
1 207
total
-
-
-
80 631
Employee
42 361
-
149 725
-
social contributions
2 753
-
7 488
-
health
5 719
-
20 213
-
solidarity contribution
-
-
478
-
income
5 083
-
18 304
-
total
13 555
-
46 483
-
Employer
42 361
-
149 725
-
health
3 812
-
13 475
-
social contributions
10 590
-
28 799
-
total
14 402
-
42 274
-
Corporate
135 236
192 000
-
-
income
25 695
36 480
-
-
total
25 695
36 480
-
-
Dividends
109 541
155 520
-
-
withholding
16 431
23 328
-
-
total
16 431
23 328
-
-
Income
192 000
192 000
192 000
192 000
Total tax
70 083
59 808
88 757
80 631
After tax
121 917
132 192
103 243
111 369
Living cost
28 806
28 806
28 806
28 806
Free-cash
93 111
103 386
74 437
82 563

Estimated living cost  is ₽28806 per week

₽21422
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1596
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽498
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5290
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75592
₽76058
₽20565
₽68775
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 000
surtax
-
-
-
-
chamber of commerce
-
-
-
768
income
-
-
-
57 908
unemployment
-
-
-
5 772
pensions
-
-
-
20 341
health
-
-
-
8 410
total
-
-
-
93 199
Employee
41 140
37 506
156 928
-
other
411
375
1 100
-
unemployment
1 234
1 125
3 299
-
health
1 591
1 452
4 254
-
pensions
4 213
3 840
11 259
-
income
3 665
2 767
48 086
-
total
11 114
9 559
67 998
-
Employer
41 140
37 506
156 928
-
other
1 954
1 781
7 055
-
chamber of commerce
164
150
627
-
surtax
-
-
-
-
health
1 556
1 418
4 156
-
accident
534
488
1 429
-
payroll
1 234
1 125
4 708
-
unemployment
1 234
1 125
3 299
-
pensions
5 163
4 708
13 799
-
total
11 839
10 795
35 073
-
Corporate
139 020
143 699
153 356
-
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.

34 756
35 925
38 338
-
total
34 756
35 925
38 338
-
Dividends
104 265
107 774
-
-
withholding
28 673
29 637
-
-
total
28 673
29 637
-
-
Income
192 000
192 000
192 000
192 000
Total tax
86 382
85 916
141 409
93 199
After tax
105 618
106 084
50 591
98 801
Living cost
30 026
30 026
30 026
30 026
Free-cash
75 592
76 058
20 565
68 775

Estimated living cost  is ₽30026 per week

₽18012
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3067
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8412
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽166929
₽169372
₽140572
₽177052
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
16 286
-
192 000
-
income
3 257
-
38 400
-
total
3 257
-
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%.

175 714
192 000
-
-
total
-
-
-
-
Dividends
175 714
192 000
-
-
withholding
8 786
9 600
-
-
total
8 786
9 600
-
-
Income
192 000
192 000
192 000
192 000
Total tax
12 043
9 600
38 400
1 920
After tax
179 957
182 400
153 600
190 080
Living cost
13 028
13 028
13 028
13 028
Free-cash
166 929
169 372
140 572
177 052

Estimated living cost  is ₽13028 per week

₽8816
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽547
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽437
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3228
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99074
₽106948
₽61808
₽65976
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
46 535
unemployment
-
-
-
288
pensions
-
-
-
35 065
health
-
-
-
18 892
total
-
-
-
100 780
Employee

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

41 618
-
166 133
-
unemployment
59
-
232
-
health
2 688
-
10 732
-
pensions
6 451
-
25 751
-
income
7 177
-
42 367
-
total
16 375
-
79 082
-
Employer

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

41 618
-
166 133
-
health
2 772
-
11 064
-
unemployment
25
-
100
-
pensions
3 683
-
14 702
-
total
6 480
-
25 866
-
Corporate
143 903
192 000
-
-
income
27 342
36 479
-
-
total
27 342
36 479
-
-
Dividends
116 561
155 521
-
-
withholding
17 485
23 329
-
-
total
17 485
23 329
-
-
Income
192 000
192 000
192 000
192 000
Total tax
67 682
59 808
104 948
100 780
After tax
124 318
132 192
87 052
91 220
Living cost
25 244
25 244
25 244
25 244
Free-cash
99 074
106 948
61 808
65 976

Estimated living cost  is ₽25244 per week

₽17324
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1618
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5813
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21735
₽71589
₽132988
₽87463
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
64 844
-
-
-
social contributions
5 317
-
758
-
income
14 303
-
-
-
total
19 620
-
758
-
Employer
64 844
-
-
-
social contributions
91 431
-
13 030
-
total
91 431
-
13 030
-
Corporate
35 725
192 000
-
-
income
7 860
42 240
-
-
total
7 860
42 240
-
-
Dividends
27 866
149 760
-
-
income
6 130
32 947
-
-
total
6 130
32 947
-
-
Income
192 000
192 000
192 000
192 000
Total tax
125 041
75 187
13 788
59 313
After tax
66 959
116 813
178 212
132 687
Living cost
45 224
45 224
45 224
45 224
Free-cash
21 735
71 589
132 988
87 463

Estimated living cost  is ₽45224 per week

₽29343
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4253
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽576
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11051
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78742
₽79689
₽57064
₽71622
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Based on articles 30.º, 31.º and 151.º of CIRS, sole-trader can use 75% of income as a tax base when earnings are below €200,000 per annum.

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

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

-
-
-
66 720
income
-
-
-
24 137
total
-
-
-
90 857
Employee
43 285
-
155 151
-
social contributions
4 761
-
17 067
-
surtax
-
-
-
-
income
9 004
-
51 499
-
total
13 765
-
68 566
-
Employer
43 285
-
155 151
-
social contributions
10 280
-
36 849
-
total
10 280
-
36 849
-
Corporate
138 434
192 000
-
-
surtax
-
-
-
-
income
29 071
40 321
-
-
total
29 071
40 321
-
-
Dividends
109 364
151 679
-
-
withholding
30 621
42 469
-
-
total
30 621
42 469
-
-
Income
192 000
192 000
192 000
192 000
Total tax
83 737
82 790
105 415
90 857
After tax
108 263
109 210
86 585
101 143
Living cost
29 521
29 521
29 521
29 521
Free-cash
78 742
79 689
57 064
71 622

Estimated living cost  is ₽29521 per week

₽22088
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1741
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.
₽5199
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57782
₽51313
₽56946
₽61317
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 000
other
-
-
-
5 953
surtax
-
-
-
-
social contributions
-
-
-
5 471
income
-
-
-
33 128
pensions
-
-
-
31 738
health
-
-
-
8 937
total
-
-
-
85 227
Employee
58 946
-
147 312
-
social contributions
1 679
-
4 197
-
surtax
-
-
-
-
pensions
6 667
-
10 775
-
income
5 143
-
29 938
-
total
13 489
-
44 910
-
Employer
58 946
-
147 312
-
other
2 034
-
5 973
-
health
4 126
-
14 261
-
social contributions
177
-
441
-
unemployment
2 388
-
5 967
-
pensions
9 685
-
18 046
-
total
18 410
-
44 688
-
Corporate
114 644
192 000
-
-
surtax
-
-
-
-
income
32 100
53 760
-
-
total
32 100
53 760
-
-
Dividends
82 544
138 240
-
-
withholding
10 566
17 694
-
-
social contributions
14 197
23 777
-
-
surtax
-
-
-
-
total
24 763
41 471
-
-
Income
192 000
192 000
192 000
192 000
Total tax
88 762
95 231
89 598
85 227
After tax
103 238
96 769
102 402
106 773
Living cost
45 456
45 456
45 456
45 456
Free-cash
57 782
51 313
56 946
61 317

Estimated living cost  is ₽45456 per week

₽30764
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3718
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽623
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10350
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽141347
₽144509
₽117311
₽112210
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 000
social contributions
-
-
-
42 239
income
-
-
-
9 260
total
-
-
-
51 499
Employee
30 257
-
166 233
-
income
-
-
9 828
-
social contributions
1 966
-
10 805
-
total
1 966
-
20 633
-
Employer
30 257
-
166 233
-
social contributions
4 690
-
25 765
-
total
4 690
-
25 765
-
Corporate
157 053
192 000
-
-
income
15 706
19 200
-
-
total
15 706
19 200
-
-
Dividends
141 347
172 800
-
-
total
-
-
-
-
Income
192 000
192 000
192 000
192 000
Total tax
22 362
19 200
46 398
51 499
After tax
169 638
172 800
145 602
140 501
Living cost
28 290
28 290
28 290
28 290
Free-cash
141 347
144 509
117 311
112 210

Estimated living cost  is ₽28290 per week

₽18292
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2132
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽532
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7333
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽12679
-₽12679
-₽12679
₽66462
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
labour market
-
-
-
15 295
municipal
-
-
-
40 782
pensions
-
-
-
814
national
-
-
-
23 404
total
-
-
-
80 295
Employee
190 958
190 958
190 958
-
national
23 329
23 329
23 329
-
pensions
271
271
271
-
municipal
40 663
40 663
40 663
-
labour market
15 255
15 255
15 255
-
total
79 518
79 518
79 518
-
Employer
190 958
190 958
190 958
-
national
23 370
23 370
23 370
-
labour market
15 277
15 277
15 277
-
pensions
543
543
543
-
municipal
40 728
40 728
40 728
-
total
79 918
79 918
79 918
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
192 000
192 000
192 000
192 000
Total tax
159 436
159 436
159 436
80 295
After tax
32 564
32 564
32 564
111 705
Living cost
45 243
45 243
45 243
45 243
Free-cash
-12 679
-12 679
-12 679
66 462

Estimated living cost  is ₽45243 per week

₽30965
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4002
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽696
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9580
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4549
₽85196
₽111048
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
54 392
pensions
-
-
-
3 859
accident
-
-
-
234
health
-
-
-
2 022
total
-
-
-
60 851
Employee
31 620
-
174 590
-
health
3 621
-
19 991
-
pensions
3 561
-
7 075
-
income
4 338
-
42 227
-
total
11 520
-
69 293
-
Employer
31 620
-
174 590
-
accident
528
-
2 916
-
unemployment
775
-
4 277
-
pensions
5 141
-
10 217
-
total
6 444
-
17 410
-
Corporate
153 935
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.

138 542
172 800
-
-
total
138 542
172 800
-
-
Dividends
15 393
19 200
-
-
withholding
2 925
3 648
-
-
total
2 925
3 648
-
-
Income
192 000
192 000
192 000
192 000
Total tax
159 431
176 448
86 703
60 851
After tax
32 569
15 552
105 297
131 149
Living cost
20 101
20 101
20 101
20 101
Free-cash
12 468
-4 549
85 196
111 048

Estimated living cost  is ₽20101 per week

₽14631
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.
₽3946
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85458
₽82548
₽61903
₽83894
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
34 098
health
-
-
-
2 565
national
-
-
-
35 310
total
-
-
-
71 973
Employee
49 516
-
161 522
-
national
818
-
21 766
-
unemployment
743
-
2 424
-
health
370
-
2 095
-
pensions
3 342
-
10 904
-
municipal
8 110
-
26 297
-
total
13 383
-
63 486
-
Employer
49 516
-
161 522
-
health
380
-
1 243
-
accident
50
-
161
-
unemployment
321
-
1 050
-
pensions
8 591
-
28 024
-
total
9 342
-
30 478
-
Corporate
133 142
192 000
-
-
income
26 628
38 401
-
-
total
26 628
38 401
-
-
Dividends

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

79 886
115 199
-
-
municipal
14 379
20 736
-
-
national
6 677
14 182
-
-
total
21 056
34 918
-
-
Income
192 000
192 000
192 000
192 000
Total tax
70 409
73 319
93 964
71 973
After tax
121 591
118 681
98 036
120 027
Living cost
36 133
36 133
36 133
36 133
Free-cash
85 458
82 548
61 903
83 894

Estimated living cost  is ₽36133 per week

₽23602
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3476
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.
₽8482
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽113069
₽118189
₽106511
₽108131
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 227
income
-
-
-
41 957
health
-
-
-
4 895
total
-
-
-
62 079
Employee
72 370
72 370
180 559
-
social contributions
2 736
6 006
8 101
-
health
561
1 231
3 070
-
income
7 880
6 699
41 087
-
total
11 177
13 936
52 258
-
Employer
72 370
72 370
180 559
-
health
609
1 340
3 340
-
social contributions
2 736
6 006
8 101
-
total
3 345
7 346
11 441
-
Corporate
155 688
112 284
-
-
income
19 460
14 036
-
-
total
19 460
14 036
-
-
Dividends
136 228
98 248
-
-
withholding
23 159
16 703
-
-
total
23 159
16 703
-
-
Income
192 000
192 000
192 000
192 000
Total tax
57 141
52 021
63 699
62 079
After tax
134 859
139 979
128 301
129 921
Living cost
21 790
21 790
21 790
21 790
Free-cash
113 069
118 189
106 511
108 131

Estimated living cost  is ₽21790 per week

₽13059
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2138
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽482
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6112
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Larnaca model

Close
Podgorica , Montenegro
₽139263
₽144053
₽129008
₽147885
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
19 752
unemployment
-
-
-
27
pensions
-
-
-
5 987
health
-
-
-
3 406
total
-
-
-
29 172
Employee

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

21 603
-
182 802
-
unemployment
107
-
447
-
health
1 836
-
7 591
-
pensions
3 240
-
13 395
-
income
1 477
-
17 417
-
total
6 660
-
38 850
-
Employer

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

21 603
-
182 802
-
health
929
-
3 840
-
unemployment
107
-
447
-
pensions
1 188
-
4 912
-
total
2 224
-
9 199
-
Corporate
168 174
192 000
-
-
income
15 136
17 280
-
-
total
15 136
17 280
-
-
Dividends
153 037
174 720
-
-
withholding
13 774
15 724
-
-
total
13 774
15 724
-
-
Income
192 000
192 000
192 000
192 000
Total tax
37 794
33 004
48 049
29 172
After tax
154 206
158 996
143 951
162 828
Living cost
14 943
14 943
14 943
14 943
Free-cash
139 263
144 053
129 008
147 885

Estimated living cost  is ₽14943 per week

₽9534
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1077
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.
₽3886
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97628
₽101785
₽77628
₽81576
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
88
income
-
-
-
58 373
unemployment
-
-
-
611
pensions
-
-
-
24 686
accident
-
-
-
786
total
-
-
-
84 544
Employee
34 800
-
164 190
-
other
34
-
88
-
unemployment
539
-
1 352
-
pensions
1 636
-
4 101
-
income
6 709
-
55 142
-
total
8 918
-
60 683
-
Employer
34 800
-
164 190
-
other
279
-
698
-
accident
689
-
1 727
-
unemployment
1 915
-
4 797
-
pensions
8 212
-
20 587
-
total
11 095
-
27 809
-
Corporate
146 106
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.

21 916
28 799
-
-
total
21 916
28 799
-
-
Dividends
124 190
163 201
-
-
withholding
26 563
35 536
-
-
total
26 563
35 536
-
-
Income
192 000
192 000
192 000
192 000
Total tax
68 492
64 335
88 492
84 544
After tax
123 508
127 665
103 508
107 456
Living cost
25 880
25 880
25 880
25 880
Free-cash
97 628
101 785
77 628
81 576

Estimated living cost  is ₽25880 per week

₽17469
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2488
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽454
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5471
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽117936
₽118200
₽122134
₽122247
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
66 121
pensions
-
-
-
1 173
health
-
-
-
851
total
-
-
-
68 145
Employee
2 450
-
190 680
-
unemployment
25
-
59
-
health
122
-
293
-
pensions
220
-
528
-
income
474
-
66 059
-
total
841
-
66 939
-
Employer
2 450
-
190 680
-
health
233
-
557
-
unemployment
49
-
117
-
pensions
269
-
645
-
total
551
-
1 319
-
Corporate
188 999
192 000
-
-
income
41 580
42 240
-
-
total
41 580
42 240
-
-
Dividends
147 419
149 760
-
-
withholding
29 484
29 952
-
-
total
29 484
29 952
-
-
Income
192 000
192 000
192 000
192 000
Total tax
72 456
72 192
68 258
68 145
After tax
119 544
119 808
123 742
123 855
Living cost
1 608
1 608
1 608
1 608
Free-cash
117 936
118 200
122 134
122 247

Estimated living cost  is ₽1608 per week

₽956
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽130
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽37
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽485
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Istanbul model

Close
Belgrade , Serbia
₽117863
₽122483
₽105459
₽105456
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
44 078
unemployment
-
-
-
1 041
pensions
-
-
-
18 041
health
-
-
-
7 147
total
-
-
-
70 307
Employee

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

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

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

24 484
-
179 580
-
unemployment
184
-
520
-
health
1 261
-
3 573
-
pensions
3 428
-
9 714
-
income
3 375
-
44 078
-
total
8 248
-
57 885
-
Employer

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

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

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

24 484
-
179 580
-
health
1 261
-
3 573
-
unemployment
184
-
520
-
pensions
2 938
-
8 326
-
total
4 383
-
12 419
-
Corporate
163 133
192 000
-
-
income
24 470
28 800
-
-
total
24 470
28 800
-
-
Dividends
138 663
163 200
-
-
withholding
20 799
24 480
-
-
total
20 799
24 480
-
-
Income
192 000
192 000
192 000
192 000
Total tax
57 900
53 280
70 304
70 307
After tax
134 100
138 720
121 696
121 693
Living cost
16 237
16 237
16 237
16 237
Free-cash
117 863
122 483
105 459
105 456

Estimated living cost  is ₽16237 per week

₽10932
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1256
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.
₽3579
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83497
₽83837
₽61212
₽75770
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Based on articles 30.º, 31.º and 151.º of CIRS, sole-trader can use 75% of income as a tax base when earnings are below €200,000 per annum.

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

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

-
-
-
66 720
income
-
-
-
24 137
total
-
-
-
90 857
Employee
36 528
-
155 151
-
social contributions
4 019
-
17 067
-
surtax
-
-
-
-
income
7 137
-
51 499
-
total
11 156
-
68 566
-
Employer
36 528
-
155 151
-
social contributions
8 675
-
36 849
-
total
8 675
-
36 849
-
Corporate
146 797
192 000
-
-
surtax
-
-
-
-
income
30 828
40 321
-
-
total
30 828
40 321
-
-
Dividends
115 969
151 679
-
-
withholding
32 471
42 469
-
-
total
32 471
42 469
-
-
Income
192 000
192 000
192 000
192 000
Total tax
83 130
82 790
105 415
90 857
After tax
108 870
109 210
86 585
101 143
Living cost
25 373
25 373
25 373
25 373
Free-cash
83 497
83 837
61 212
75 770

Estimated living cost  is ₽25373 per week

₽17971
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1763
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5190
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Porto model

Close
Madrid , Spain
₽88429
₽94589
₽70432
₽74380
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
88
income
-
-
-
58 373
unemployment
-
-
-
611
pensions
-
-
-
24 686
accident
-
-
-
786
total
-
-
-
84 544
Employee
45 453
-
164 190
-
other
45
-
88
-
unemployment
704
-
1 352
-
pensions
2 136
-
4 101
-
income
9 494
-
55 142
-
total
12 379
-
60 683
-
Employer
45 453
-
164 190
-
other
364
-
698
-
accident
900
-
1 727
-
unemployment
2 500
-
4 797
-
pensions
10 727
-
20 587
-
total
14 491
-
27 809
-
Corporate
132 055
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.

19 809
28 799
-
-
total
19 809
28 799
-
-
Dividends
112 247
163 201
-
-
withholding
23 816
35 536
-
-
total
23 816
35 536
-
-
Income
192 000
192 000
192 000
192 000
Total tax
70 495
64 335
88 492
84 544
After tax
121 505
127 665
103 508
107 456
Living cost
33 076
33 076
33 076
33 076
Free-cash
88 429
94 589
70 432
74 380

Estimated living cost  is ₽33076 per week

₽23754
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2572
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽466
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6285
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽142301
₽148018
₽146122
₽138307
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 800
unemployment
-
-
-
131
pensions

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

-
-
-
4 851
health
-
-
-
3 769
total
-
-
-
37 551
Employee
21 374
-
185 570
-
health
983
-
1 508
-
accident

We are using the highest rate at 1.1%.

235
-
361
-
pensions

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

1 876
-
2 878
-
income
2 138
-
18 557
-
total
5 232
-
23 304
-
Employer
21 374
-
185 570
-
health
1 475
-
2 262
-
accident

We are using the highest rate at 1.1%.

235
-
361
-
unemployment
128
-
197
-
pensions

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

2 355
-
3 612
-
total
4 193
-
6 432
-
Corporate
166 433
192 000
-
-
income
16 643
19 200
-
-
total
16 643
19 200
-
-
Dividends
149 790
172 800
-
-
withholding
7 489
8 640
-
-
total
7 489
8 640
-
-
Income
192 000
192 000
192 000
192 000
Total tax
33 557
27 840
29 736
37 551
After tax
158 443
164 160
162 264
154 449
Living cost
16 142
16 142
16 142
16 142
Free-cash
142 301
148 018
146 122
138 307

Estimated living cost  is ₽16142 per week

₽10676
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽924
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽385
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4157
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74746
₽62434
₽83554
₽62281
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
21 273
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.

-
-
-
3 424
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.

-
-
-
62 257
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.

-
-
-
6 430
total
-
-
-
93 384
Employee

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

46 828
-
192 000
-
health

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

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

6 430
-
6 430
-
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.

213
-
3 424
-
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.

3 851
-
62 257
-
total
10 494
-
72 111
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
145 172
192 000
-
-
surtax

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

1 198
1 584
-
-
trade
20 832
27 553
-
-
chamber of commerce
355
425
-
-
income
21 775
28 799
-
-
total
44 160
58 361
-
-
Dividends
101 011
133 639
-
-
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.

1 370
1 818
-
-
withholding
24 895
33 052
-
-
total
26 265
34 870
-
-
Income
192 000
192 000
192 000
192 000
Total tax
80 919
93 231
72 111
93 384
After tax
111 081
98 769
119 889
98 616
Living cost
36 335
36 335
36 335
36 335
Free-cash
74 746
62 434
83 554
62 281

Estimated living cost  is ₽36335 per week

₽25065
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3910
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽6833
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82865
₽80788
₽44504
₽44504
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
32 640
income
-
-
-
61 244
total
-
-
-
93 884
Employee
73 619
-
192 000
-
income
13 892
-
61 244
-
social contributions
6 116
-
32 640
-
total
20 008
-
93 884
-
Employer
73 619
-
192 000
-
total
-
-
-
-
Corporate
118 381
192 000
-
-
income
14 797
24 000
-
-
total
14 797
24 000
-
-
Dividends
103 584
168 000
-
-
withholding
20 718
33 600
-
-
total
20 718
33 600
-
-
Income
192 000
192 000
192 000
192 000
Total tax
55 523
57 600
93 884
93 884
After tax
136 477
134 400
98 116
98 116
Living cost
53 612
53 612
53 612
53 612
Free-cash
82 865
80 788
44 504
44 504

Estimated living cost  is ₽53612 per week

₽40787
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4369
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7944
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88953
₽85664
₽100752
₽123050
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
5 987
income
-
-
-
28 799
total
-
-
-
34 786
Employee
43 174
-
187 671
-
income
4 685
-
48 426
-
social contributions
4 326
-
4 329
-
total
9 011
-
52 755
-
Employer
43 174
-
187 671
-
social contributions
4 326
-
4 329
-
total
4 326
-
4 329
-
Corporate
144 500
192 000
-
-
income
50 574
67 200
-
-
total
50 574
67 200
-
-
Dividends
93 926
124 800
-
-
social contributions
4 972
4 972
-
-
total
4 972
4 972
-
-
Income
192 000
192 000
192 000
192 000
Total tax
68 883
72 172
57 084
34 786
After tax
123 117
119 828
134 916
157 214
Living cost
34 164
34 164
34 164
34 164
Free-cash
88 953
85 664
100 752
123 050

Estimated living cost  is ₽34164 per week

₽22504
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2693
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽523
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8442
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93203
₽87500
₽72617
₽89871
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
57 250
pensions
-
-
-
9 111
total
-
-
-
66 361
Employee
49 096
-
167 515
-
health
640
-
2 342
-
pensions
3 747
-
11 043
-
income
8 941
-
45 747
-
total
13 328
-
59 132
-
Employer
49 096
-
167 515
-
health
933
-
3 183
-
pensions
4 960
-
21 300
-
total
5 893
-
24 483
-
Corporate
137 010
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.

26 031
36 480
-
-
total
26 031
36 480
-
-
Dividends
110 979
155 520
-
-
withholding
17 777
32 252
-
-
total
17 777
32 252
-
-
Income
192 000
192 000
192 000
192 000
Total tax
63 029
68 732
83 615
66 361
After tax
128 971
123 268
108 385
125 639
Living cost
35 768
35 768
35 768
35 768
Free-cash
93 203
87 500
72 617
89 871

Estimated living cost  is ₽35768 per week

₽24536
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3289
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽447
Clothing and shoes. We estimate one pair of shoes and 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

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
₽12165
-₽6539
₽83206
₽109058
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
54 392
pensions
-
-
-
3 859
accident
-
-
-
234
health
-
-
-
2 022
total
-
-
-
60 851
Employee
34 750
-
174 590
-
health
3 979
-
19 991
-
pensions
3 913
-
7 075
-
income
4 767
-
42 227
-
total
12 659
-
69 293
-
Employer
34 750
-
174 590
-
accident
580
-
2 916
-
unemployment
851
-
4 277
-
pensions
5 650
-
10 217
-
total
7 081
-
17 410
-
Corporate
150 168
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.

135 151
172 800
-
-
total
135 151
172 800
-
-
Dividends
15 017
19 200
-
-
withholding
2 853
3 648
-
-
total
2 853
3 648
-
-
Income
192 000
192 000
192 000
192 000
Total tax
157 744
176 448
86 703
60 851
After tax
34 256
15 552
105 297
131 149
Living cost
22 091
22 091
22 091
22 091
Free-cash
12 165
-6 539
83 206
109 058

Estimated living cost  is ₽22091 per week

₽16212
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1287
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.
₽4146
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽144476
₽134186
₽126584
₽105920
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
work injury
-
-
-
751
health insurance
-
-
-
11 122
income
-
-
-
32 056
unemployment
-
-
-
1 803
pensions
-
-
-
27 654
total
-
-
-
73 386
Employee

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

20 310
-
192 000
-
health insurance
1 503
-
5 561
-
unemployment
244
-
902
-
pensions
3 737
-
13 827
-
income
2 031
-
32 056
-
work injury
102
-
376
-
total
7 617
-
52 722
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
171 690
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%.

1 717
19 200
-
-
total
1 717
19 200
-
-
Dividends
169 973
172 800
-
-
withholding
25 496
25 920
-
-
total
25 496
25 920
-
-
Income
192 000
192 000
192 000
192 000
Total tax
34 830
45 120
52 722
73 386
After tax
157 170
146 880
139 278
118 614
Living cost
12 694
12 694
12 694
12 694
Free-cash
144 476
134 186
126 584
105 920

Estimated living cost  is ₽12694 per week

₽7864
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽922
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽396
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3511
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59360
₽63638
₽43673
₽51482
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 511
social contributions
-
-
-
47 104
municipal
-
-
-
1 304
national
-
-
-
50 106
total
-
-
-
103 025
Employee
79 307
-
192 000
-
social contributions
26 742
-
61 755
-
national
13 402
-
43 880
-
regional
1 197
-
4 027
-
municipal
473
-
1 172
-
total
41 814
-
110 834
-
Employer
79 307
-
192 000
-
total
-
-
-
-
Corporate
112 693
192 000
-
-
municipal
5 431
9 255
-
-
nationa
27 045
46 081
-
-
total
32 476
55 336
-
-
Dividends
80 216
136 664
-
-
withholding
20 857
35 533
-
-
total
20 857
35 533
-
-
Income
192 000
192 000
192 000
192 000
Total tax
95 147
90 869
110 834
103 025
After tax
96 853
101 131
81 166
88 975
Living cost
37 493
37 493
37 493
37 493
Free-cash
59 360
63 638
43 673
51 482

Estimated living cost  is ₽37493 per week

₽26336
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2579
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽566
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8010
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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