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
₽67962
₽68050
₽78550
₽91252
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 290
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.

-
-
-
6 484
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.

-
-
-
3 415
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.

-
-
-
62 101
total
-
-
-
95 290
Employee

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

36 302
-
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.

56
-
3 415
-
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.

1 014
-
62 101
-
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.

6 484
-
6 484
-
total
7 554
-
72 000
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
155 698
192 000
-
-
trade
24 522
30 239
-
-
income
23 355
28 800
-
-
chamber of commerce
367
420
-
-
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.

1 284
1 583
-
-
total
49 528
61 042
-
-
Dividends
106 169
130 958
-
-
withholding
26 181
32 379
-
-
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.

1 439
1 781
-
-
total
27 620
34 160
-
-
Income
192 000
192 000
192 000
192 000
Total tax
84 702
95 202
72 000
95 290
After tax
107 298
96 798
120 000
96 710
Living cost
28 748
28 748
28 748
28 748
Free-cash
78 550
68 050
91 252
67 962

Estimated living cost  is ₽28748 per week

₽18083
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3352
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽537
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6776
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61218
₽69331
₽68491
₽62249
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
21 151
pensions
-
-
-
23 040
social contributions
-
-
-
2 064
national
-
-
-
34 050
total
-
-
-
80 305
Employee
78 248
-
165 982
-
municipal
9 665
-
21 894
-
national
14 977
-
35 678
-
pensions
3 130
-
6 639
-
total
27 772
-
64 211
-
Employer
78 248
-
165 982
-
pensions
6 260
-
13 279
-
social contributions
841
-
1 784
-
total
7 101
-
15 063
-
Corporate
101 486
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%.

20 297
38 400
-
-
total
20 297
38 400
-
-
Dividends
81 189
153 600
-
-
withholding
17 862
33 792
-
-
total
17 862
33 792
-
-
Income
192 000
192 000
192 000
192 000
Total tax
73 032
72 192
79 274
80 305
After tax
118 968
119 808
112 726
111 695
Living cost
50 477
50 477
50 477
50 477
Free-cash
68 491
69 331
62 249
61 218

Estimated living cost  is ₽50477 per week

₽34309
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4692
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽756
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10721
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48641
₽133854
₽126068
₽62598
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
36 365
income
-
-
-
38 288
microenterprise
-
-
-
-
total
-
-
-
123 613
Employee
27 734
-
148 424
-
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.

3 051
-
12 442
-
surtax
-
-
21 522
-
income
4 937
-
32 116
-
total
7 988
-
66 080
-
Employer
27 734
-
148 424
-
surtax
-
-
16 327
-
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.

6 680
-
27 249
-
total
6 680
-
43 576
-
Corporate
157 586
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%.

31 518
38 400
-
-
total
31 518
38 400
-
-
Dividends

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

126 068
153 600
-
-
total
-
-
-
-
Income
192 000
192 000
192 000
192 000
Total tax
46 186
38 400
109 656
123 613
After tax
145 814
153 600
82 344
68 387
Living cost
19 746
19 746
19 746
19 746
Free-cash
126 068
133 854
62 598
48 641

Estimated living cost  is ₽19746 per week

₽12597
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1880
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4820
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64513
₽55669
₽49854
₽82889
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 000
pensions
-
-
-
11 120
health
-
-
-
11 704
income
-
-
-
64 903
total
-
-
-
87 727
Employee
81 051
81 051
174 362
-
pensions
14 589
11 120
11 120
-
income

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

13 267
13 267
28 888
-
health
12 440
10 582
11 704
-
total
40 296
34 969
51 712
-
Employer
81 051
81 051
174 362
-
pensions
5 641
5 641
7 012
-
unemployment
2 918
2 918
3 626
-
health
5 634
5 634
7 001
-
total
14 193
14 193
17 639
-
Corporate
97 751
96 756
-
-
income
19 549
19 351
-
-
total
19 549
19 351
-
-
Dividends
78 201
77 405
-
-
withholding
11 731
11 610
-
-
income
16 617
16 448
-
-
total
28 348
28 058
-
-
Income
192 000
192 000
192 000
192 000
Total tax
102 386
96 571
69 351
87 727
After tax
89 614
95 429
122 649
104 273
Living cost
39 760
39 760
39 760
39 760
Free-cash
49 854
55 669
82 889
64 513

Estimated living cost  is ₽39760 per week

₽28177
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3584
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽632
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7367
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58269
₽65695
₽64815
₽57319
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
49 844
pensions
-
-
-
9 272
health
-
-
-
5 352
other
-
-
-
9 967
unemployment
-
-
-
86
accident
-
-
-
171
national
-
-
-
19 902
total
-
-
-
94 594
Employee
55 766
-
165 050
-
municipal
16 630
-
49 218
-
national
-
-
19 377
-
total
16 630
-
68 595
-
Employer
55 766
-
165 050
-
pensions
6 028
-
9 272
-
other
6 480
-
9 967
-
unemployment
1 472
-
2 264
-
accident
112
-
171
-
health
3 430
-
5 275
-
total
17 522
-
26 949
-
Corporate
118 712
192 000
-
-
income
26 117
42 240
-
-
total
26 117
42 240
-
-
Dividends
92 595
149 760
-
-
withholding
27 779
44 928
-
-
total
27 779
44 928
-
-
Income
192 000
192 000
192 000
192 000
Total tax
88 048
87 168
95 544
94 594
After tax
103 952
104 832
96 456
97 406
Living cost
39 137
39 137
39 137
39 137
Free-cash
64 815
65 695
57 319
58 269

Estimated living cost  is ₽39137 per week

₽25938
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3840
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽594
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8764
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58391
₽58525
₽71860
₽82715
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
24 324
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.

-
-
-
6 484
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.

-
-
-
3 415
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.

-
-
-
62 101
total
-
-
-
96 324
Employee

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

48 132
-
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.

227
-
3 415
-
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.

4 135
-
62 101
-
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.

6 484
-
6 484
-
total
10 846
-
72 000
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
143 868
192 000
-
-
trade
23 667
31 585
-
-
income
21 581
28 800
-
-
chamber of commerce
349
418
-
-
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.

1 187
1 583
-
-
total
46 784
62 386
-
-
Dividends
97 084
129 614
-
-
withholding
23 910
32 042
-
-
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.

1 315
1 762
-
-
total
25 225
33 804
-
-
Income
192 000
192 000
192 000
192 000
Total tax
82 855
96 190
72 000
96 324
After tax
109 145
95 810
120 000
95 676
Living cost
37 285
37 285
37 285
37 285
Free-cash
71 860
58 525
82 715
58 391

Estimated living cost  is ₽37285 per week

₽24937
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3932
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽557
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7860
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99205
₽109200
₽105265
₽97583
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
4 895
social contributions
-
-
-
15 356
income
-
-
-
41 759
total
-
-
-
62 010
Employee
72 983
72 983
180 491
-
social contributions
3 546
6 057
8 170
-
income
7 664
6 756
40 884
-
health
726
1 241
3 069
-
total
11 936
14 054
52 123
-
Employer
72 983
72 983
180 491
-
social contributions
3 546
6 057
8 170
-
health
791
1 351
3 339
-
total
4 337
7 408
11 509
-
Corporate
144 942
111 609
-
-
income
18 118
13 952
-
-
total
18 118
13 952
-
-
Dividends
126 825
97 658
-
-
withholding
21 559
16 601
-
-
total
21 559
16 601
-
-
Income
192 000
192 000
192 000
192 000
Total tax
55 950
52 015
63 632
62 010
After tax
136 050
139 985
128 368
129 990
Living cost
30 785
30 785
30 785
30 785
Free-cash
105 265
109 200
97 583
99 205

Estimated living cost  is ₽30785 per week

₽21044
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2405
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6819
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽115570
₽90368
₽90732
₽93865
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

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

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

The minimum wage is 138,000 HUF per month.

25 172
10 018
160 669
-
pensions
2 517
1 002
16 067
-
unemployment
378
150
2 410
-
income
3 077
1 225
19 642
-
health
1 762
701
11 247
-
total
7 734
3 078
49 366
-
Employer

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

The minimum wage is 138,000 HUF per month.

25 172
10 018
160 669
-
pensions
4 909
1 954
31 331
-
total
4 909
1 954
31 331
-
Corporate
161 919
180 028
-
-
income
14 573
16 203
-
-
total
14 573
16 203
-
-
Dividends
147 346
163 826
-
-
withholding
27 996
31 127
-
-
social contributions
28 618
31 832
-
-
total
56 614
62 959
-
-
Income
192 000
192 000
192 000
192 000
Total tax
83 830
84 194
80 697
58 992
After tax
108 170
107 806
111 303
133 008
Living cost
17 438
17 438
17 438
17 438
Free-cash
90 732
90 368
93 865
115 570

Estimated living cost  is ₽17438 per week

₽11900
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1427
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽348
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3763
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79988
₽130675
₽124778
₽87743
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 000
pensions
-
-
-
38 400
health
-
-
-
24 960
income
-
-
-
25 727
total
-
-
-
89 087
Employee
26 925
-
143 497
-
pensions
539
-
2 869
-
unemployment
430
-
2 296
-
income
3 031
-
27 667
-
total
4 000
-
32 832
-
Employer
26 925
-
143 497
-
pensions
5 385
-
28 699
-
unemployment
216
-
1 147
-
health
3 500
-
18 654
-
total
9 101
-
48 500
-
Corporate
155 974
192 000
-
-
income
31 196
38 400
-
-
total
31 196
38 400
-
-
Dividends
124 778
153 600
-
-
total
-
-
-
-
Income
192 000
192 000
192 000
192 000
Total tax
44 297
38 400
81 332
89 087
After tax
147 703
153 600
110 668
102 913
Living cost
22 925
22 925
22 925
22 925
Free-cash
124 778
130 675
87 743
79 988

Estimated living cost  is ₽22925 per week

₽15724
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1365
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5375
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽109970
-₽5650
₽12300
₽83869
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 000
pensions
-
-
-
4 010
health
-
-
-
2 102
other
-
-
-
357
accident
-
-
-
243
income
-
-
-
54 116
total
-
-
-
60 828
Employee
33 352
-
174 205
-
pensions
3 755
-
7 353
-
income
4 576
-
41 834
-
health
3 819
-
19 947
-
total
12 150
-
69 134
-
Employer
33 352
-
174 205
-
pensions
5 423
-
10 618
-
unemployment
817
-
4 268
-
accident
557
-
2 909
-
total
6 797
-
17 795
-
Corporate
151 851
192 000
-
-
income

From 1 January 2017, a lowered corporate income tax rate of 9% was introduced for so-called 'small taxpayers' - entities with turnover not exceeding the equivalent of €1.2 million and for taxpayers starting business activity, during their previous tax year.

136 666
172 800
-
-
total
136 666
172 800
-
-
Dividends
15 185
19 200
-
-
withholding
2 885
3 648
-
-
total
2 885
3 648
-
-
Income
192 000
192 000
192 000
192 000
Total tax
158 498
176 448
86 929
60 828
After tax
33 502
15 552
105 071
131 172
Living cost
21 202
21 202
21 202
21 202
Free-cash
12 300
-5 650
83 869
109 970

Estimated living cost  is ₽21202 per week

₽15539
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1175
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽443
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4046
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽182315
₽174635
₽173179
₽145835
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
192 000
microenterprise

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

-
-
-
1 920
total
-
-
-
1 920
Employee
9 706
-
192 000
-
income
1 941
-
38 400
-
total
1 941
-
38 400
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

182 294
192 000
-
-
total
-
-
-
-
Dividends
182 294
192 000
-
-
withholding
9 115
9 600
-
-
total
9 115
9 600
-
-
Income
192 000
192 000
192 000
192 000
Total tax
11 056
9 600
38 400
1 920
After tax
180 944
182 400
153 600
190 080
Living cost
7 765
7 765
7 765
7 765
Free-cash
173 179
174 635
145 835
182 315

Estimated living cost  is ₽7765 per week

₽4812
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽645
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽213
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2094
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86843
₽115772
₽109362
₽85205
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 000
pensions

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.

-
-
-
34 639
health
-
-
-
6 351
other
-
-
-
6 855
income
-
-
-
32 022
total
-
-
-
79 867
Employee
34 461
-
155 540
-
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.

2 412
-
10 103
-
unemployment
344
-
1 443
-
income
5 933
-
31 477
-
health
483
-
2 021
-
total
9 172
-
45 044
-
Employer
34 461
-
155 540
-
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.

5 859
-
24 537
-
other
1 724
-
7 215
-
unemployment
344
-
1 443
-
accident
276
-
1 245
-
health
483
-
2 021
-
total
8 686
-
36 461
-
Corporate
148 854
192 000
-
-
income
31 259
40 320
-
-
total
31 259
40 320
-
-
Dividends
117 595
151 680
-
-
withholding
8 231
10 618
-
-
total
8 231
10 618
-
-
Income
192 000
192 000
192 000
192 000
Total tax
57 348
50 938
81 505
79 867
After tax
134 652
141 062
110 495
112 133
Living cost
25 290
25 290
25 290
25 290
Free-cash
109 362
115 772
85 205
86 843

Estimated living cost  is ₽25290 per week

₽17869
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1707
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽407
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5306
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62556
₽60042
₽67600
₽45328
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 000
pensions
-
-
-
8 978
income
-
-
-
57 710
total
-
-
-
66 688
Employee
88 790
-
167 474
-
pensions
8 566
-
10 846
-
income
16 005
-
46 222
-
health
1 463
-
2 325
-
total
26 034
-
59 393
-
Employer
88 790
-
167 474
-
pensions
10 484
-
21 341
-
health
1 686
-
3 182
-
total
12 170
-
24 523
-
Corporate
91 040
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.

17 297
36 481
-
-
total
17 297
36 481
-
-
Dividends
73 743
155 519
-
-
withholding
6 143
32 721
-
-
total
6 143
32 721
-
-
Income
192 000
192 000
192 000
192 000
Total tax
61 644
69 202
83 916
66 688
After tax
130 356
122 798
108 084
125 312
Living cost
62 756
62 756
62 756
62 756
Free-cash
67 600
60 042
45 328
62 556

Estimated living cost  is ₽62756 per week

₽47024
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7373
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽510
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7849
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽141916
₽151723
₽147318
₽149716
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 000
pensions

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

-
-
-
4 904
health
-
-
-
3 810
unemployment
-
-
-
133
income
-
-
-
28 800
total
-
-
-
37 647
Employee
16 468
-
185 499
-
accident

We are using the highest rate at 1.1%.

181
-
364
-
pensions

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

1 446
-
2 909
-
income
1 647
-
18 550
-
health
757
-
1 524
-
total
4 031
-
23 347
-
Employer
16 468
-
185 499
-
pensions

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

1 815
-
3 651
-
unemployment
98
-
199
-
accident

We are using the highest rate at 1.1%.

181
-
364
-
health
1 137
-
2 286
-
total
3 231
-
6 500
-
Corporate
172 300
192 000
-
-
income
17 230
19 200
-
-
total
17 230
19 200
-
-
Dividends
155 070
172 800
-
-
withholding
7 753
8 640
-
-
total
7 753
8 640
-
-
Income
192 000
192 000
192 000
192 000
Total tax
32 245
27 840
29 847
37 647
After tax
159 755
164 160
162 153
154 353
Living cost
12 437
12 437
12 437
12 437
Free-cash
147 318
151 723
149 716
141 916

Estimated living cost  is ₽12437 per week

₽7261
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽888
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽330
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3959
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51643
₽42799
₽45186
₽70019
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 000
pensions
-
-
-
11 120
health
-
-
-
11 704
income
-
-
-
64 903
total
-
-
-
87 727
Employee
87 995
81 051
174 362
-
pensions
11 120
11 120
11 120
-
income

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

13 267
13 267
28 888
-
health
10 978
10 582
11 704
-
total
35 365
34 969
51 712
-
Employer
87 995
81 051
174 362
-
pensions
6 124
5 641
7 012
-
unemployment
3 168
2 918
3 626
-
health
6 115
5 634
7 001
-
total
15 407
14 193
17 639
-
Corporate
88 598
96 756
-
-
income
17 719
19 351
-
-
total
17 719
19 351
-
-
Dividends
70 879
77 405
-
-
withholding
10 632
11 610
-
-
income
15 061
16 448
-
-
total
25 693
28 058
-
-
Income
192 000
192 000
192 000
192 000
Total tax
94 184
96 571
69 351
87 727
After tax
97 816
95 429
122 649
104 273
Living cost
52 630
52 630
52 630
52 630
Free-cash
45 186
42 799
70 019
51 643

Estimated living cost  is ₽52630 per week

₽38823
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4701
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽603
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8503
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87629
₽108611
₽100199
₽79526
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
25 920
social contributions
-
-
-
33 932
solidarity contribution
-
-
-
1 116
income
-
-
-
19 822
total
-
-
-
80 790
Employee
34 678
-
149 494
-
social contributions
2 254
-
7 553
-
income
4 161
-
18 264
-
solidarity contribution
-
-
389
-
health
4 682
-
20 182
-
total
11 097
-
46 388
-
Employer
34 678
-
149 494
-
social contributions
8 669
-
29 051
-
health
3 121
-
13 454
-
total
11 790
-
42 505
-
Corporate
145 532
192 000
-
-
income
27 651
36 480
-
-
total
27 651
36 480
-
-
Dividends
117 881
155 520
-
-
withholding
17 682
23 328
-
-
total
17 682
23 328
-
-
Income
192 000
192 000
192 000
192 000
Total tax
68 220
59 808
88 893
80 790
After tax
123 780
132 192
103 107
111 210
Living cost
23 581
23 581
23 581
23 581
Free-cash
100 199
108 611
79 526
87 629

Estimated living cost  is ₽23581 per week

₽16380
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1678
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽464
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5060
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51134
₽62392
₽57436
₽42983
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
1 156
regional
-
-
-
2 326
social contributions
-
-
-
47 503
national
-
-
-
49 832
total
-
-
-
100 817
Employee
84 352
-
192 000
-
social contributions
28 443
-
62 278
-
municipal
447
-
1 037
-
regional
796
-
2 068
-
national
14 616
-
43 585
-
total
44 302
-
108 968
-
Employer
84 352
-
192 000
-
total
-
-
-
-
Corporate
107 648
192 000
-
-
nationa
25 835
46 080
-
-
municipal
4 198
7 487
-
-
total
30 033
53 567
-
-
Dividends
77 615
138 433
-
-
withholding
20 180
35 992
-
-
total
20 180
35 992
-
-
Income
192 000
192 000
192 000
192 000
Total tax
94 515
89 559
108 968
100 817
After tax
97 485
102 441
83 032
91 183
Living cost
40 049
40 049
40 049
40 049
Free-cash
57 436
62 392
42 983
51 134

Estimated living cost  is ₽40049 per week

₽27917
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2626
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽614
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8890
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69586
₽99823
₽96870
₽63780
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 000
pensions
-
-
-
25 335
health
-
-
-
8 993
surtax
-
-
-
9 400
other
-
-
-
-
unemployment
-
-
-
216
income
-
-
-
57 526
total
-
-
-
101 470
Employee
31 387
-
165 336
-
surtax
103
-
8 265
-
pensions
2 093
-
8 449
-
other
-
-
-
-
unemployment
2 185
-
8 817
-
income
5 261
-
51 851
-
health
802
-
3 229
-
total
10 444
-
80 611
-
Employer
31 387
-
165 336
-
pensions
4 184
-
16 886
-
other
-
-
-
-
unemployment
994
-
4 015
-
health
1 428
-
5 764
-
total
6 606
-
26 665
-
Corporate
154 007
192 000
-
-
income
40 041
49 920
-
-
total
40 041
49 920
-
-
Dividends
113 966
142 080
-
-
withholding
17 095
21 313
-
-
total
17 095
21 313
-
-
Income
192 000
192 000
192 000
192 000
Total tax
74 186
71 233
107 276
101 470
After tax
117 814
120 767
84 724
90 530
Living cost
20 944
20 944
20 944
20 944
Free-cash
96 870
99 823
63 780
69 586

Estimated living cost  is ₽20944 per week

₽12806
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1933
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5722
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82439
₽79925
₽86126
₽65211
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 000
pensions
-
-
-
8 978
income
-
-
-
57 710
total
-
-
-
66 688
Employee
59 505
-
167 474
-
pensions
5 051
-
10 846
-
income
10 717
-
46 222
-
health
864
-
2 325
-
total
16 632
-
59 393
-
Employer
59 505
-
167 474
-
pensions
6 441
-
21 341
-
health
1 130
-
3 182
-
total
7 571
-
24 523
-
Corporate
124 924
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.

23 736
36 481
-
-
total
23 736
36 481
-
-
Dividends
101 187
155 519
-
-
withholding
15 062
32 721
-
-
total
15 062
32 721
-
-
Income
192 000
192 000
192 000
192 000
Total tax
63 001
69 202
83 916
66 688
After tax
128 999
122 798
108 084
125 312
Living cost
42 873
42 873
42 873
42 873
Free-cash
86 126
79 925
65 211
82 439

Estimated living cost  is ₽42873 per week

₽32120
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3213
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7090
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽78180
₽11940
₽44396
₽69929
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 038
city
-
-
-
2 024
pensions
-
-
-
17 665
health
-
-
-
433
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
national
-
-
-
3 964
total
-
-
-
37 964
Employee
88 772
-
172 077
-
regional
2 907
-
8 736
-
national
420
-
3 009
-
pensions
7 458
-
14 201
-
unemployment
-
-
-
-
city
953
-
1 851
-
health
201
-
388
-
total
11 939
-
28 185
-
Employer
88 772
-
172 077
-
pensions
7 458
-
14 201
-
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.

1 775
-
3 441
-
unemployment
-
-
-
-
health
201
-
388
-
total
9 434
-
18 030
-
Corporate
92 819
192 000
-
-
regional
19 631
40 608
-
-
national
7 891
16 321
-
-
total
27 522
56 929
-
-
Dividends
65 298
135 071
-
-
withholding
22 853
47 275
-
-
total
22 853
47 275
-
-
Income
192 000
192 000
192 000
192 000
Total tax
71 748
104 204
46 215
37 964
After tax
120 252
87 796
145 785
154 036
Living cost
75 856
75 856
75 856
75 856
Free-cash
44 396
11 940
69 929
78 180

Estimated living cost  is ₽75856 per week

₽49328
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6807
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽931
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18789
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽51160
₽51345
₽66734
₽76520
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
25 360
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.

-
-
-
6 484
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.

-
-
-
3 415
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.

-
-
-
62 101
total
-
-
-
97 360
Employee

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

57 040
-
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.

369
-
3 415
-
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.

6 707
-
62 101
-
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.

6 484
-
6 484
-
total
13 560
-
72 000
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
134 960
192 000
-
-
trade
23 146
32 928
-
-
income
20 245
28 800
-
-
chamber of commerce
333
414
-
-
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.

1 113
1 583
-
-
total
44 837
63 725
-
-
Dividends
90 123
128 274
-
-
withholding
22 170
31 707
-
-
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.

1 219
1 743
-
-
total
23 389
33 450
-
-
Income
192 000
192 000
192 000
192 000
Total tax
81 786
97 175
72 000
97 360
After tax
110 214
94 825
120 000
94 640
Living cost
43 480
43 480
43 480
43 480
Free-cash
66 734
51 345
76 520
51 160

Estimated living cost  is ₽43480 per week

₽31756
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3478
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.
₽7682
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74456
₽64297
₽69903
₽70204
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 000
pensions
-
-
-
31 871
health
-
-
-
8 894
surtax
-
-
-
-
other
-
-
-
5 953
social contributions
-
-
-
5 472
income
-
-
-
32 882
total
-
-
-
85 072
Employee
40 621
-
147 390
-
social contributions
1 158
-
4 200
-
surtax
-
-
-
-
pensions
4 593
-
10 747
-
income
2 397
-
29 772
-
total
8 148
-
44 719
-
Employer
40 621
-
147 390
-
pensions
6 673
-
18 005
-
social contributions
122
-
441
-
other
1 401
-
5 962
-
unemployment
1 644
-
5 969
-
health
2 844
-
14 228
-
total
12 684
-
44 605
-
Corporate
138 694
192 000
-
-
income
38 834
53 760
-
-
surtax
-
-
-
-
total
38 834
53 760
-
-
Dividends
99 860
138 240
-
-
withholding
12 783
17 694
-
-
surtax
-
-
-
-
social contributions
17 176
23 777
-
-
total
29 959
41 471
-
-
Income
192 000
192 000
192 000
192 000
Total tax
89 625
95 231
89 324
85 072
After tax
102 375
96 769
102 676
106 928
Living cost
32 472
32 472
32 472
32 472
Free-cash
69 903
64 297
70 204
74 456

Estimated living cost  is ₽32472 per week

₽20475
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2640
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8806
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77673
₽67514
₽72785
₽73421
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 000
pensions
-
-
-
31 871
health
-
-
-
8 894
surtax
-
-
-
-
other
-
-
-
5 953
social contributions
-
-
-
5 472
income
-
-
-
32 882
total
-
-
-
85 072
Employee
36 260
-
147 390
-
social contributions
1 034
-
4 200
-
surtax
-
-
-
-
pensions
4 101
-
10 747
-
income
1 870
-
29 772
-
total
7 005
-
44 719
-
Employer
36 260
-
147 390
-
pensions
5 958
-
18 005
-
social contributions
108
-
441
-
other
1 252
-
5 962
-
unemployment
1 468
-
5 969
-
health
2 538
-
14 228
-
total
11 324
-
44 605
-
Corporate
144 417
192 000
-
-
income
40 437
53 760
-
-
surtax
-
-
-
-
total
40 437
53 760
-
-
Dividends
103 979
138 240
-
-
withholding
13 309
17 694
-
-
surtax
-
-
-
-
social contributions
17 885
23 777
-
-
total
31 194
41 471
-
-
Income
192 000
192 000
192 000
192 000
Total tax
89 960
95 231
89 324
85 072
After tax
102 040
96 769
102 676
106 928
Living cost
29 255
29 255
29 255
29 255
Free-cash
72 785
67 514
73 421
77 673

Estimated living cost  is ₽29255 per week

₽16967
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2972
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8762
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽103176
₽97012
₽97503
₽98488
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
13 402
social contributions
-
-
-
26 496
income
-
-
-
28 800
total
-
-
-
68 698
Employee
32 181
-
192 000
-
social contributions
4 442
-
26 496
-
income
5 367
-
33 488
-
health
2 246
-
13 402
-
total
12 055
-
73 386
-
Employer
32 181
-
192 000
-
total
-
-
-
-
Corporate
159 819
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%.

7 992
9 600
-
-
total
7 992
9 600
-
-
Dividends
151 828
182 400
-
-
withholding
22 773
27 359
-
-
social contributions
20 953
25 171
-
-
health
10 598
12 732
-
-
total
54 324
65 262
-
-
Income
192 000
192 000
192 000
192 000
Total tax
74 371
74 862
73 386
68 698
After tax
117 629
117 138
118 614
123 302
Living cost
20 126
20 126
20 126
20 126
Free-cash
97 503
97 012
98 488
103 176

Estimated living cost  is ₽20126 per week

₽13469
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1241
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4951
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65169
₽72553
₽71085
₽17120
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 000
pensions
-
-
-
20 513
health
-
-
-
8 482
surtax
-
-
-
187
unemployment
-
-
-
5 821
income
-
-
-
57 618
chamber of commerce
-
-
-
767
total
-
-
-
93 388
Employee
47 433
37 824
156 566
-
pensions
4 858
3 872
11 354
-
other
474
378
1 109
-
unemployment
1 423
1 135
3 327
-
income
5 400
2 790
47 681
-
health
1 835
1 464
4 290
-
total
13 990
9 639
67 761
-
Employer
47 433
37 824
156 566
-
payroll
1 423
1 135
4 697
-
chamber of commerce
189
151
627
-
pensions
5 953
4 748
13 916
-
surtax
187
187
187
-
other
2 253
1 796
7 048
-
unemployment
1 423
1 135
3 327
-
accident
616
492
1 441
-
health
1 792
1 430
4 191
-
total
13 836
11 074
35 434
-
Corporate
130 731
143 103
152 964
-
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.

32 683
35 776
38 242
-
total
32 683
35 776
38 242
-
Dividends
98 048
107 327
-
-
withholding
26 963
29 515
-
-
total
26 963
29 515
-
-
Income
192 000
192 000
192 000
192 000
Total tax
87 472
86 004
141 437
93 388
After tax
104 528
105 996
50 563
98 612
Living cost
33 443
33 443
33 443
33 443
Free-cash
71 085
72 553
17 120
65 169

Estimated living cost  is ₽33443 per week

₽22305
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2853
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽549
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7736
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48793
₽71959
₽58484
₽31614
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 663
communal

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

-
-
-
10 101
national
-
-
-
74 837
total
-
-
-
108 601
Employee

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

67 891
-
148 708
-
national
20 872
-
55 305
-
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.

5 092
-
11 153
-
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.

591
-
1 293
-
communal

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

3 541
-
7 756
-
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.

3 190
-
6 988
-
total
33 286
-
82 495
-
Employer

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

67 891
-
148 708
-
pensions

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

6 016
-
13 175
-
surtax
7 698
-
16 862
-
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.

991
-
2 170
-
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.

883
-
1 934
-
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.

4 175
-
9 144
-
total
19 763
-
43 285
-
Corporate
104 347
192 000
-
-
income
20 870
39 470
-
-
surtax
418
789
-
-
total
21 288
40 259
-
-
Dividends
83 060
151 741
-
-
withholding

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

24 573
45 176
-
-
total
24 573
45 176
-
-
Income
192 000
192 000
192 000
192 000
Total tax
98 910
85 435
125 780
108 601
After tax
93 090
106 565
66 220
83 399
Living cost
34 606
34 606
34 606
34 606
Free-cash
58 484
71 959
31 614
48 793

Estimated living cost  is ₽34606 per week

₽22291
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3026
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽542
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8748
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73196
₽93405
₽86902
₽69213
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 000
pensions
-
-
-
24 895
other
-
-
-
88
unemployment
-
-
-
616
accident
-
-
-
792
income
-
-
-
58 136
total
-
-
-
84 527
Employee
47 245
-
163 955
-
pensions
2 221
-
4 135
-
other
47
-
88
-
unemployment
733
-
1 363
-
income
9 968
-
54 878
-
total
12 969
-
60 464
-
Employer
47 245
-
163 955
-
pensions
11 149
-
20 762
-
other
376
-
704
-
unemployment
2 599
-
4 838
-
accident
935
-
1 742
-
total
15 059
-
28 046
-
Corporate
129 696
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.

19 454
28 800
-
-
total
19 454
28 800
-
-
Dividends
110 242
163 200
-
-
withholding
23 339
35 518
-
-
total
23 339
35 518
-
-
Income
192 000
192 000
192 000
192 000
Total tax
70 821
64 318
88 510
84 527
After tax
121 179
127 682
103 490
107 473
Living cost
34 277
34 277
34 277
34 277
Free-cash
86 902
93 405
69 213
73 196

Estimated living cost  is ₽34277 per week

₽25241
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2432
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6109
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40569
₽58825
₽45984
₽48223
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 000
pensions
-
-
-
28 778
health
-
-
-
13 489
surtax
-
-
-
9 519
accident
-
-
-
1 619
communal
-
-
-
12 134
income
-
-
-
34 313
total
-
-
-
99 852
Employee
71 876
-
171 505
-
surtax
4 406
-
10 511
-
pensions
5 749
-
13 721
-
income
6 942
-
39 840
-
health
3 199
-
7 631
-
total
20 296
-
71 703
-
Employer
71 876
-
171 505
-
pensions
5 749
-
13 721
-
accident
647
-
1 544
-
health
2 192
-
5 230
-
total
8 588
-
20 495
-
Corporate
111 536
192 000
-
-
communal
7 529
12 959
-
-
income
16 731
28 800
-
-
surtax
1 171
2 015
-
-
total
25 431
43 774
-
-
Dividends
86 106
148 225
-
-
withholding
12 916
22 233
-
-
income
27 206
15 589
-
-
total
40 122
37 822
-
-
Income
192 000
192 000
192 000
192 000
Total tax
94 437
81 596
92 198
99 852
After tax
97 563
110 404
99 802
92 148
Living cost
51 579
51 579
51 579
51 579
Free-cash
45 984
58 825
48 223
40 569

Estimated living cost  is ₽51579 per week

₽38692
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3125
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽546
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9215
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Luxembourg model

Close
Athens , Greece
₽69212
₽99449
₽96431
₽63406
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 000
pensions
-
-
-
25 335
health
-
-
-
8 993
surtax
-
-
-
9 400
other
-
-
-
-
unemployment
-
-
-
216
income
-
-
-
57 526
total
-
-
-
101 470
Employee
31 963
-
165 336
-
surtax
113
-
8 265
-
pensions
2 133
-
8 449
-
other
-
-
-
-
unemployment
2 224
-
8 817
-
income
5 358
-
51 851
-
health
816
-
3 229
-
total
10 644
-
80 611
-
Employer
31 963
-
165 336
-
pensions
4 261
-
16 886
-
other
-
-
-
-
unemployment
1 014
-
4 015
-
health
1 454
-
5 764
-
total
6 729
-
26 665
-
Corporate
153 308
192 000
-
-
income
39 861
49 920
-
-
total
39 861
49 920
-
-
Dividends
113 447
142 080
-
-
withholding
17 017
21 313
-
-
total
17 017
21 313
-
-
Income
192 000
192 000
192 000
192 000
Total tax
74 251
71 233
107 276
101 470
After tax
117 749
120 767
84 724
90 530
Living cost
21 318
21 318
21 318
21 318
Free-cash
96 431
99 449
63 406
69 212

Estimated living cost  is ₽21318 per week

₽12871
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1853
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6100
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65009
₽75352
₽73245
₽56899
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
1 156
regional
-
-
-
2 933
social contributions
-
-
-
47 503
national
-
-
-
49 832
total
-
-
-
101 424
Employee
52 649
-
192 000
-
social contributions
17 754
-
62 278
-
municipal
279
-
1 037
-
regional
709
-
2 634
-
national
8 341
-
43 585
-
total
27 083
-
109 534
-
Employer
52 649
-
192 000
-
total
-
-
-
-
Corporate
139 351
192 000
-
-
nationa
33 445
46 080
-
-
municipal
6 925
9 542
-
-
total
40 370
55 622
-
-
Dividends
98 981
136 378
-
-
withholding
25 735
35 459
-
-
total
25 735
35 459
-
-
Income
192 000
192 000
192 000
192 000
Total tax
93 188
91 081
109 534
101 424
After tax
98 812
100 919
82 466
90 576
Living cost
25 567
25 567
25 567
25 567
Free-cash
73 245
75 352
56 899
65 009

Estimated living cost  is ₽25567 per week

₽15900
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2590
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽438
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6639
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82152
₽103134
₽92767
₽74049
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
25 920
social contributions
-
-
-
33 932
solidarity contribution
-
-
-
1 116
income
-
-
-
19 822
total
-
-
-
80 790
Employee
42 732
-
149 494
-
social contributions
2 778
-
7 553
-
income
5 128
-
18 264
-
solidarity contribution
-
-
389
-
health
5 769
-
20 182
-
total
13 675
-
46 388
-
Employer
42 732
-
149 494
-
social contributions
10 683
-
29 051
-
health
3 846
-
13 454
-
total
14 529
-
42 505
-
Corporate
134 739
192 000
-
-
income
25 600
36 480
-
-
total
25 600
36 480
-
-
Dividends
109 139
155 520
-
-
withholding
16 371
23 328
-
-
total
16 371
23 328
-
-
Income
192 000
192 000
192 000
192 000
Total tax
70 175
59 808
88 893
80 790
After tax
121 825
132 192
103 107
111 210
Living cost
29 058
29 058
29 058
29 058
Free-cash
92 767
103 134
74 049
82 152

Estimated living cost  is ₽29058 per week

₽21609
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1610
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5336
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68519
₽75818
₽75347
₽20329
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 000
pensions
-
-
-
20 513
health
-
-
-
8 482
surtax
-
-
-
-
unemployment
-
-
-
5 821
income
-
-
-
57 618
chamber of commerce
-
-
-
767
total
-
-
-
93 201
Employee
41 489
37 824
156 741
-
pensions
4 249
3 872
11 354
-
other
414
378
1 109
-
unemployment
1 245
1 135
3 327
-
income
3 696
2 790
47 766
-
health
1 605
1 464
4 290
-
total
11 209
9 639
67 846
-
Employer
41 489
37 824
156 741
-
payroll
1 245
1 135
4 703
-
chamber of commerce
166
151
627
-
pensions
5 207
4 748
13 916
-
surtax
-
-
-
-
other
1 970
1 796
7 055
-
unemployment
1 245
1 135
3 327
-
accident
539
492
1 441
-
health
1 569
1 430
4 191
-
total
11 941
10 887
35 260
-
Corporate
138 572
143 290
153 139
-
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.

34 643
35 823
38 285
-
total
34 643
35 823
38 285
-
Dividends
103 929
107 468
-
-
withholding
28 580
29 553
-
-
total
28 580
29 553
-
-
Income
192 000
192 000
192 000
192 000
Total tax
86 373
85 902
141 391
93 201
After tax
105 627
106 098
50 609
98 799
Living cost
30 280
30 280
30 280
30 280
Free-cash
75 347
75 818
20 329
68 519

Estimated living cost  is ₽30280 per week

₽18164
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3093
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8483
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽177980
₽170300
₽168031
₽141500
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 125
-
192 000
-
income
3 025
-
38 400
-
total
3 025
-
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%.

176 875
192 000
-
-
total
-
-
-
-
Dividends
176 875
192 000
-
-
withholding
8 844
9 600
-
-
total
8 844
9 600
-
-
Income
192 000
192 000
192 000
192 000
Total tax
11 869
9 600
38 400
1 920
After tax
180 131
182 400
153 600
190 080
Living cost
12 100
12 100
12 100
12 100
Free-cash
168 031
170 300
141 500
177 980

Estimated living cost  is ₽12100 per week

₽8188
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽508
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽406
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2998
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65953
₽106735
₽98796
₽61785
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

A sole-trader pays social contribution from 75% of the assessed income made in the last year.

The minimum monthly assessed income used to calculate contributions is 60% of the insured's average monthly wage in the last year.

The maximum assessed income used to calculate contributions is 3.5 times the insured's average monthly wage in the last year.

-
-
-
192 000
pensions
-
-
-
35 064
health
-
-
-
18 894
unemployment
-
-
-
288
income
-
-
-
46 344
total
-
-
-
100 590
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.

41 970
-
166 134
-
pensions
6 506
-
25 751
-
unemployment
59
-
232
-
income
7 238
-
42 178
-
health
2 711
-
10 731
-
total
16 514
-
78 892
-
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.

41 970
-
166 134
-
pensions
3 714
-
14 703
-
unemployment
25
-
99
-
health
2 795
-
11 064
-
total
6 534
-
25 866
-
Corporate
143 495
192 000
-
-
income
27 264
36 480
-
-
total
27 264
36 480
-
-
Dividends
116 232
155 520
-
-
withholding
17 435
23 328
-
-
total
17 435
23 328
-
-
Income
192 000
192 000
192 000
192 000
Total tax
67 747
59 808
104 758
100 590
After tax
124 253
132 192
87 242
91 410
Living cost
25 457
25 457
25 457
25 457
Free-cash
98 796
106 735
61 785
65 953

Estimated living cost  is ₽25457 per week

₽17471
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1632
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5863
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91248
₽75374
₽29694
₽137928
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 000
social contributions
-
-
-
21 888
income
-
-
-
37 425
total
-
-
-
59 313
Employee
59 417
-
-
-
social contributions
4 872
-
694
-
income
13 106
-
-
-
total
17 978
-
694
-
Employer
59 417
-
-
-
social contributions
83 778
-
11 940
-
total
83 778
-
11 940
-
Corporate
48 805
192 000
-
-
income
10 737
42 240
-
-
total
10 737
42 240
-
-
Dividends
38 068
149 760
-
-
income
8 375
32 947
-
-
total
8 375
32 947
-
-
Income
192 000
192 000
192 000
192 000
Total tax
120 868
75 187
12 634
59 313
After tax
71 132
116 813
179 366
132 687
Living cost
41 438
41 438
41 438
41 438
Free-cash
29 694
75 374
137 928
91 248

Estimated living cost  is ₽41438 per week

₽26887
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3897
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10126
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71462
₽79438
₽78481
₽56907
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
66 719
income
-
-
-
24 048
total
-
-
-
90 767
Employee
43 652
-
155 151
-
social contributions
4 802
-
17 066
-
surtax
-
-
-
-
income
9 080
-
51 409
-
total
13 882
-
68 475
-
Employer
43 652
-
155 151
-
social contributions
10 367
-
36 847
-
total
10 367
-
36 847
-
Corporate
137 981
192 000
-
-
income
28 977
40 320
-
-
surtax
-
-
-
-
total
28 977
40 320
-
-
Dividends
109 004
151 680
-
-
withholding
30 522
42 471
-
-
total
30 522
42 471
-
-
Income
192 000
192 000
192 000
192 000
Total tax
83 748
82 791
105 322
90 767
After tax
108 252
109 209
86 678
101 233
Living cost
29 771
29 771
29 771
29 771
Free-cash
78 481
79 438
56 907
71 462

Estimated living cost  is ₽29771 per week

₽22275
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1756
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽497
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5243
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61087
₽50928
₽57450
₽56835
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 000
pensions
-
-
-
31 871
health
-
-
-
8 894
surtax
-
-
-
-
other
-
-
-
5 953
social contributions
-
-
-
5 472
income
-
-
-
32 882
total
-
-
-
85 072
Employee
59 445
-
147 390
-
social contributions
1 693
-
4 200
-
surtax
-
-
-
-
pensions
6 724
-
10 747
-
income
5 187
-
29 772
-
total
13 604
-
44 719
-
Employer
59 445
-
147 390
-
pensions
9 768
-
18 005
-
social contributions
178
-
441
-
other
2 051
-
5 962
-
unemployment
2 408
-
5 969
-
health
4 161
-
14 228
-
total
18 566
-
44 605
-
Corporate
113 989
192 000
-
-
income
31 918
53 760
-
-
surtax
-
-
-
-
total
31 918
53 760
-
-
Dividends
82 071
138 240
-
-
withholding
10 506
17 694
-
-
surtax
-
-
-
-
social contributions
14 115
23 777
-
-
total
24 621
41 471
-
-
Income
192 000
192 000
192 000
192 000
Total tax
88 709
95 231
89 324
85 072
After tax
103 291
96 769
102 676
106 928
Living cost
45 841
45 841
45 841
45 841
Free-cash
57 450
50 928
56 835
61 087

Estimated living cost  is ₽45841 per week

₽31024
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3750
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽629
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10438
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽112017
₽144270
₽141082
₽117120
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 000
social contributions
-
-
-
42 240
income
-
-
-
9 213
total
-
-
-
51 453
Employee
30 513
-
166 233
-
social contributions
1 983
-
10 805
-
income
-
-
9 778
-
total
1 983
-
20 583
-
Employer
30 513
-
166 233
-
social contributions
4 730
-
25 767
-
total
4 730
-
25 767
-
Corporate
156 757
192 000
-
-
income
15 675
19 200
-
-
total
15 675
19 200
-
-
Dividends
141 082
172 800
-
-
total
-
-
-
-
Income
192 000
192 000
192 000
192 000
Total tax
22 388
19 200
46 350
51 453
After tax
169 612
172 800
145 650
140 547
Living cost
28 530
28 530
28 530
28 530
Free-cash
141 082
144 270
117 120
112 017

Estimated living cost  is ₽28530 per week

₽18447
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2151
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽537
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7395
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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
₽66137
-₽14541
-₽14541
-₽14541
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
40 738
pensions
-
-
-
822
labour market
-
-
-
15 294
national
-
-
-
23 355
total
-
-
-
80 209
Employee
192 696
192 696
192 696
-
municipal
41 033
41 033
41 033
-
national
23 541
23 541
23 541
-
pensions
274
274
274
-
labour market
15 394
15 394
15 394
-
total
80 242
80 242
80 242
-
Employer
192 696
192 696
192 696
-
labour market
15 416
15 416
15 416
-
pensions
548
548
548
-
municipal
41 099
41 099
41 099
-
national
23 582
23 582
23 582
-
total
80 645
80 645
80 645
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
192 000
192 000
192 000
192 000
Total tax
160 887
160 887
160 887
80 209
After tax
31 113
31 113
31 113
111 791
Living cost
45 654
45 654
45 654
45 654
Free-cash
-14 541
-14 541
-14 541
66 137

Estimated living cost  is ₽45654 per week

₽31246
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4039
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽702
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9667
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽110283
-₽5337
₽12348
₽84182
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 000
pensions
-
-
-
4 010
health
-
-
-
2 102
other
-
-
-
357
accident
-
-
-
243
income
-
-
-
54 116
total
-
-
-
60 828
Employee
32 860
-
174 205
-
pensions
3 700
-
7 353
-
income
4 508
-
41 834
-
health
3 763
-
19 947
-
total
11 971
-
69 134
-
Employer
32 860
-
174 205
-
pensions
5 343
-
10 618
-
unemployment
805
-
4 268
-
accident
549
-
2 909
-
total
6 697
-
17 795
-
Corporate
152 443
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.

137 199
172 800
-
-
total
137 199
172 800
-
-
Dividends
15 244
19 200
-
-
withholding
2 896
3 648
-
-
total
2 896
3 648
-
-
Income
192 000
192 000
192 000
192 000
Total tax
158 763
176 448
86 929
60 828
After tax
33 237
15 552
105 071
131 172
Living cost
20 889
20 889
20 889
20 889
Free-cash
12 348
-5 337
84 182
110 283

Estimated living cost  is ₽20889 per week

₽15205
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1191
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽392
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4101
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83793
₽82330
₽85262
₽61801
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
34 099
health
-
-
-
2 561
national
-
-
-
35 108
total
-
-
-
71 768
Employee
49 935
-
161 520
-
municipal
8 179
-
26 298
-
national
825
-
21 565
-
pensions
3 370
-
10 902
-
unemployment
749
-
2 423
-
health
373
-
2 091
-
total
13 496
-
63 279
-
Employer
49 935
-
161 520
-
pensions
8 663
-
28 024
-
unemployment
324
-
1 050
-
accident
50
-
162
-
health
384
-
1 245
-
total
9 421
-
30 481
-
Corporate
132 643
192 000
-
-
income
26 529
38 400
-
-
total
26 529
38 400
-
-
Dividends

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

79 586
115 200
-
-
municipal
14 326
20 736
-
-
national
6 527
14 095
-
-
total
20 853
34 831
-
-
Income
192 000
192 000
192 000
192 000
Total tax
70 299
73 231
93 760
71 768
After tax
121 701
118 769
98 240
120 232
Living cost
36 439
36 439
36 439
36 439
Free-cash
85 262
82 330
61 801
83 793

Estimated living cost  is ₽36439 per week

₽23802
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3505
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8554
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽108015
₽118010
₽112845
₽106393
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
4 895
social contributions
-
-
-
15 356
income
-
-
-
41 759
total
-
-
-
62 010
Employee
72 983
72 983
180 491
-
social contributions
2 759
6 057
8 170
-
income
7 947
6 756
40 884
-
health
566
1 241
3 069
-
total
11 272
14 054
52 123
-
Employer
72 983
72 983
180 491
-
social contributions
2 759
6 057
8 170
-
health
614
1 351
3 339
-
total
3 373
7 408
11 509
-
Corporate
155 380
111 609
-
-
income
19 423
13 952
-
-
total
19 423
13 952
-
-
Dividends
135 957
97 658
-
-
withholding
23 112
16 601
-
-
total
23 112
16 601
-
-
Income
192 000
192 000
192 000
192 000
Total tax
57 180
52 015
63 632
62 010
After tax
134 820
139 985
128 368
129 990
Living cost
21 975
21 975
21 975
21 975
Free-cash
112 845
118 010
106 393
108 015

Estimated living cost  is ₽21975 per week

₽13170
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2156
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6163
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽147691
₽143925
₽139097
₽128657
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

By law (Article 9 §1 (7); Article 10 §1 (7); Article 11 §1 (5)) a social contribution base is set as:

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
192 000
pensions
-
-
-
6 037
health
-
-
-
3 435
unemployment
-
-
-
27
income
-
-
-
19 741
total
-
-
-
29 240
Employee

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

21 785
-
182 724
-
pensions
3 267
-
13 508
-
unemployment
108
-
450
-
income
1 490
-
17 386
-
health
1 852
-
7 655
-
total
6 717
-
38 999
-
Employer

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

21 785
-
182 724
-
pensions
1 198
-
4 953
-
unemployment
108
-
450
-
health
937
-
3 872
-
total
2 243
-
9 275
-
Corporate
167 972
192 000
-
-
income
15 117
17 280
-
-
total
15 117
17 280
-
-
Dividends
152 855
174 720
-
-
withholding
13 757
15 726
-
-
total
13 757
15 726
-
-
Income
192 000
192 000
192 000
192 000
Total tax
37 834
33 006
48 274
29 240
After tax
154 166
158 994
143 726
162 760
Living cost
15 069
15 069
15 069
15 069
Free-cash
139 097
143 925
128 657
147 691

Estimated living cost  is ₽15069 per week

₽9614
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1086
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3919
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81373
₽101582
₽97389
₽77390
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 000
pensions
-
-
-
24 895
other
-
-
-
88
unemployment
-
-
-
616
accident
-
-
-
792
income
-
-
-
58 136
total
-
-
-
84 527
Employee
35 094
-
163 955
-
pensions
1 650
-
4 135
-
other
34
-
88
-
unemployment
544
-
1 363
-
income
6 766
-
54 878
-
total
8 994
-
60 464
-
Employer
35 094
-
163 955
-
pensions
8 282
-
20 762
-
other
281
-
704
-
unemployment
1 931
-
4 838
-
accident
695
-
1 742
-
total
11 189
-
28 046
-
Corporate
145 717
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.

21 857
28 800
-
-
total
21 857
28 800
-
-
Dividends
123 860
163 200
-
-
withholding
26 471
35 518
-
-
total
26 471
35 518
-
-
Income
192 000
192 000
192 000
192 000
Total tax
68 511
64 318
88 510
84 527
After tax
123 489
127 682
103 490
107 473
Living cost
26 100
26 100
26 100
26 100
Free-cash
97 389
101 582
77 390
81 373

Estimated living cost  is ₽26100 per week

₽17617
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2509
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.
₽5517
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽121865
₽117959
₽117654
₽121734
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 000
pensions
-
-
-
1 349
health
-
-
-
978
income
-
-
-
65 959
total
-
-
-
68 286
Employee
2 817
-
190 482
-
pensions
254
-
607
-
unemployment
28
-
67
-
income
545
-
65 888
-
health
141
-
337
-
total
968
-
66 899
-
Employer
2 817
-
190 482
-
pensions
310
-
742
-
unemployment
56
-
135
-
health
268
-
641
-
total
634
-
1 518
-
Corporate
188 549
192 000
-
-
income
41 481
42 240
-
-
total
41 481
42 240
-
-
Dividends
147 068
149 760
-
-
withholding
29 414
29 952
-
-
total
29 414
29 952
-
-
Income
192 000
192 000
192 000
192 000
Total tax
72 497
72 192
68 417
68 286
After tax
119 503
119 808
123 583
123 714
Living cost
1 849
1 849
1 849
1 849
Free-cash
117 654
117 959
121 734
121 865

Estimated living cost  is ₽1849 per week

₽1099
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽150
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽42
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽558
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽105058
₽122316
₽117649
₽105060
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
192 000
pensions
-
-
-
18 227
health
-
-
-
7 221
unemployment
-
-
-
1 052
income
-
-
-
44 038
total
-
-
-
70 538
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.

24 737
-
179 452
-
pensions
3 463
-
9 814
-
unemployment
186
-
526
-
income
3 410
-
44 038
-
health
1 274
-
3 610
-
total
8 333
-
57 988
-
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.

24 737
-
179 452
-
pensions
2 968
-
8 412
-
unemployment
186
-
526
-
health
1 274
-
3 610
-
total
4 428
-
12 548
-
Corporate
162 835
192 000
-
-
income
24 425
28 800
-
-
total
24 425
28 800
-
-
Dividends
138 410
163 200
-
-
withholding
20 761
24 480
-
-
total
20 761
24 480
-
-
Income
192 000
192 000
192 000
192 000
Total tax
57 947
53 280
70 536
70 538
After tax
134 053
138 720
121 464
121 462
Living cost
16 404
16 404
16 404
16 404
Free-cash
117 649
122 316
105 060
105 058

Estimated living cost  is ₽16404 per week

₽11045
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1269
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3616
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75646
₽83622
₽83280
₽61090
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
66 719
income
-
-
-
24 048
total
-
-
-
90 767
Employee
36 837
-
155 151
-
social contributions
4 053
-
17 066
-
surtax
-
-
-
-
income
7 198
-
51 409
-
total
11 251
-
68 475
-
Employer
36 837
-
155 151
-
social contributions
8 748
-
36 847
-
total
8 748
-
36 847
-
Corporate
146 415
192 000
-
-
income
30 747
40 320
-
-
surtax
-
-
-
-
total
30 747
40 320
-
-
Dividends
115 668
151 680
-
-
withholding
32 386
42 471
-
-
total
32 386
42 471
-
-
Income
192 000
192 000
192 000
192 000
Total tax
83 132
82 791
105 322
90 767
After tax
108 868
109 209
86 678
101 233
Living cost
25 588
25 588
25 588
25 588
Free-cash
83 280
83 622
61 090
75 646

Estimated living cost  is ₽25588 per week

₽18123
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1778
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.
₽5234
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74117
₽94326
₽88114
₽70134
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 000
pensions
-
-
-
24 895
other
-
-
-
88
unemployment
-
-
-
616
accident
-
-
-
792
income
-
-
-
58 136
total
-
-
-
84 527
Employee
45 838
-
163 955
-
pensions
2 154
-
4 135
-
other
45
-
88
-
unemployment
710
-
1 363
-
income
9 574
-
54 878
-
total
12 483
-
60 464
-
Employer
45 838
-
163 955
-
pensions
10 818
-
20 762
-
other
367
-
704
-
unemployment
2 522
-
4 838
-
accident
908
-
1 742
-
total
14 615
-
28 046
-
Corporate
131 548
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.

19 731
28 800
-
-
total
19 731
28 800
-
-
Dividends
111 816
163 200
-
-
withholding
23 701
35 518
-
-
total
23 701
35 518
-
-
Income
192 000
192 000
192 000
192 000
Total tax
70 530
64 318
88 510
84 527
After tax
121 470
127 682
103 490
107 473
Living cost
33 356
33 356
33 356
33 356
Free-cash
88 114
94 326
70 134
74 117

Estimated living cost  is ₽33356 per week

₽23955
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2594
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.
₽6338
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽138035
₽147842
₽142062
₽145835
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 000
pensions

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

-
-
-
4 904
health
-
-
-
3 810
unemployment
-
-
-
133
income
-
-
-
28 800
total
-
-
-
37 647
Employee
21 607
-
185 499
-
accident

We are using the highest rate at 1.1%.

237
-
364
-
pensions

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

1 897
-
2 909
-
income
2 161
-
18 550
-
health
994
-
1 524
-
total
5 289
-
23 347
-
Employer
21 607
-
185 499
-
pensions

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

2 381
-
3 651
-
unemployment
130
-
199
-
accident

We are using the highest rate at 1.1%.

237
-
364
-
health
1 491
-
2 286
-
total
4 239
-
6 500
-
Corporate
166 153
192 000
-
-
income
16 615
19 200
-
-
total
16 615
19 200
-
-
Dividends
149 538
172 800
-
-
withholding
7 477
8 640
-
-
total
7 477
8 640
-
-
Income
192 000
192 000
192 000
192 000
Total tax
33 620
27 840
29 847
37 647
After tax
158 380
164 160
162 153
154 353
Living cost
16 318
16 318
16 318
16 318
Free-cash
142 062
147 842
145 835
138 035

Estimated living cost  is ₽16318 per week

₽10793
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽934
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽389
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4203
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62138
₽62131
₽74545
₽83357
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
21 219
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.

-
-
-
6 484
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.

-
-
-
3 415
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.

-
-
-
62 101
total
-
-
-
93 219
Employee

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

47 224
-
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.

214
-
3 415
-
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.

3 883
-
62 101
-
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.

6 484
-
6 484
-
total
10 581
-
72 000
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
144 776
192 000
-
-
trade
20 776
27 552
-
-
income
21 716
28 800
-
-
chamber of commerce
357
425
-
-
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.

1 194
1 583
-
-
total
44 043
58 360
-
-
Dividends
100 733
133 640
-
-
withholding
24 823
33 049
-
-
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.

1 365
1 817
-
-
total
26 188
34 866
-
-
Income
192 000
192 000
192 000
192 000
Total tax
80 812
93 226
72 000
93 219
After tax
111 188
98 774
120 000
98 781
Living cost
36 643
36 643
36 643
36 643
Free-cash
74 545
62 131
83 357
62 138

Estimated living cost  is ₽36643 per week

₽25277
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3943
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6891
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44214
₽80334
₽82429
₽44214
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
32 608
income
-
-
-
61 112
total
-
-
-
93 720
Employee
74 242
-
192 000
-
social contributions
6 168
-
32 608
-
income
14 009
-
61 112
-
total
20 177
-
93 720
-
Employer
74 242
-
192 000
-
total
-
-
-
-
Corporate
117 758
192 000
-
-
income
14 721
24 000
-
-
total
14 721
24 000
-
-
Dividends
103 037
168 000
-
-
withholding
20 607
33 600
-
-
total
20 607
33 600
-
-
Income
192 000
192 000
192 000
192 000
Total tax
55 505
57 600
93 720
93 720
After tax
136 495
134 400
98 280
98 280
Living cost
54 066
54 066
54 066
54 066
Free-cash
82 429
80 334
44 214
44 214

Estimated living cost  is ₽54066 per week

₽41132
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4406
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8011
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽122919
₽85333
₽88652
₽100548
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
5 828
income
-
-
-
28 800
total
-
-
-
34 628
Employee
43 540
-
187 634
-
social contributions
4 362
-
4 366
-
income
4 724
-
48 267
-
total
9 086
-
52 633
-
Employer
43 540
-
187 634
-
social contributions
4 362
-
4 366
-
total
4 362
-
4 366
-
Corporate
144 098
192 000
-
-
income
50 433
67 200
-
-
total
50 433
67 200
-
-
Dividends
93 664
124 800
-
-
social contributions
5 014
5 014
-
-
total
5 014
5 014
-
-
Income
192 000
192 000
192 000
192 000
Total tax
68 895
72 214
56 999
34 628
After tax
123 105
119 786
135 001
157 372
Living cost
34 453
34 453
34 453
34 453
Free-cash
88 652
85 333
100 548
122 919

Estimated living cost  is ₽34453 per week

₽22694
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2716
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8514
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90458
₽87944
₽93501
₽73230
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 000
pensions
-
-
-
8 978
income
-
-
-
57 710
total
-
-
-
66 688
Employee
47 843
-
167 474
-
pensions
3 652
-
10 846
-
income
8 713
-
46 222
-
health
624
-
2 325
-
total
12 989
-
59 393
-
Employer
47 843
-
167 474
-
pensions
4 834
-
21 341
-
health
909
-
3 182
-
total
5 743
-
24 523
-
Corporate
138 415
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.

26 299
36 481
-
-
total
26 299
36 481
-
-
Dividends
112 116
155 519
-
-
withholding
18 614
32 721
-
-
total
18 614
32 721
-
-
Income
192 000
192 000
192 000
192 000
Total tax
63 645
69 202
83 916
66 688
After tax
128 355
122 798
108 084
125 312
Living cost
34 854
34 854
34 854
34 854
Free-cash
93 501
87 944
73 230
90 458

Estimated living cost  is ₽34854 per week

₽23910
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3205
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽436
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7301
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽108215
-₽7405
₽12031
₽82114
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 000
pensions
-
-
-
4 010
health
-
-
-
2 102
other
-
-
-
357
accident
-
-
-
243
income
-
-
-
54 116
total
-
-
-
60 828
Employee
36 113
-
174 205
-
pensions
4 066
-
7 353
-
income
4 954
-
41 834
-
health
4 135
-
19 947
-
total
13 155
-
69 134
-
Employer
36 113
-
174 205
-
pensions
5 872
-
10 618
-
unemployment
885
-
4 268
-
accident
603
-
2 909
-
total
7 360
-
17 795
-
Corporate
148 528
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.

133 675
172 800
-
-
total
133 675
172 800
-
-
Dividends
14 853
19 200
-
-
withholding
2 822
3 648
-
-
total
2 822
3 648
-
-
Income
192 000
192 000
192 000
192 000
Total tax
157 012
176 448
86 929
60 828
After tax
34 988
15 552
105 071
131 172
Living cost
22 957
22 957
22 957
22 957
Free-cash
12 031
-7 405
82 114
108 215

Estimated living cost  is ₽22957 per week

₽16848
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1338
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4309
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽105441
₽134068
₽144318
₽126297
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Sole-trader should pay social contributions from a minimum of 50% of an average salary to a maximum of twelve average salaries. The minimum personal income for the first year should be at least 50% of an average salary.

-
-
-
192 000
pensions
-
-
-
27 911
health insurance
-
-
-
11 225
work injury
-
-
-
758
unemployment
-
-
-
1 820
income
-
-
-
32 033
total
-
-
-
73 747
Employee

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

20 500
-
192 000
-
pensions
3 772
-
13 956
-
health insurance
1 517
-
5 613
-
unemployment
246
-
910
-
income
2 050
-
32 033
-
work injury
102
-
379
-
total
7 687
-
52 891
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
171 500
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%.

1 715
19 200
-
-
total
1 715
19 200
-
-
Dividends
169 785
172 800
-
-
withholding
25 468
25 920
-
-
total
25 468
25 920
-
-
Income
192 000
192 000
192 000
192 000
Total tax
34 870
45 120
52 891
73 747
After tax
157 130
146 880
139 109
118 253
Living cost
12 812
12 812
12 812
12 812
Free-cash
144 318
134 068
126 297
105 441

Estimated living cost  is ₽12812 per week

₽7937
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽931
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽400
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3544
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51059
₽63322
₽59005
₽43151
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
1 300
regional
-
-
-
4 495
social contributions
-
-
-
47 503
national
-
-
-
49 832
total
-
-
-
103 130
Employee
79 979
-
192 000
-
social contributions
26 968
-
62 278
-
municipal
477
-
1 167
-
regional
1 207
-
4 008
-
national
13 516
-
43 585
-
total
42 168
-
111 038
-
Employer
79 979
-
192 000
-
total
-
-
-
-
Corporate
112 021
192 000
-
-
nationa
26 885
46 080
-
-
municipal
5 400
9 254
-
-
total
32 285
55 334
-
-
Dividends
79 736
136 666
-
-
withholding
20 731
35 533
-
-
total
20 731
35 533
-
-
Income
192 000
192 000
192 000
192 000
Total tax
95 184
90 867
111 038
103 130
After tax
96 816
101 133
80 962
88 870
Living cost
37 811
37 811
37 811
37 811
Free-cash
59 005
63 322
43 151
51 059

Estimated living cost  is ₽37811 per week

₽26559
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2601
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8078
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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

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

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

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

Close

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

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

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

Close