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
₽79062
₽91700
₽68866
₽68211
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 298
trade
-
-
-
23 489
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.

-
-
-
62 633
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.

-
-
-
3 445
total
-
-
-
95 865
Employee

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

35 261
-
192 000
-
health

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

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

6 298
-
6 298
-
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.

985
-
62 633
-
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.

54
-
3 445
-
total
7 337
-
72 376
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
156 739
192 000
-
-
income
23 511
28 800
-
-
chamber of commerce
366
416
-
-
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.

1 293
1 583
-
-
trade
24 687
30 240
-
-
total
49 857
61 039
-
-
Dividends
106 882
130 960
-
-
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.

1 450
1 781
-
-
withholding
26 370
32 390
-
-
total
27 820
34 171
-
-
Income
192 000
192 000
192 000
192 000
Total tax
85 014
95 210
72 376
95 865
After tax
106 986
96 790
119 624
96 135
Living cost
27 924
27 924
27 924
27 924
Free-cash
79 062
68 866
91 700
68 211

Estimated living cost  is ₽27924 per week

₽17565
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3256
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽521
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6582
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71469
₽64234
₽72258
₽63203
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 000
social contributions
-
-
-
2 064
municipal
-
-
-
21 223
pensions
-
-
-
23 040
national
-
-
-
34 920
total
-
-
-
81 247
Employee
73 711
-
165 982
-
pensions
2 948
-
6 639
-
municipal
9 104
-
21 966
-
national
14 108
-
36 548
-
total
26 160
-
65 153
-
Employer
73 711
-
165 982
-
pensions
5 897
-
13 279
-
social contributions
792
-
1 784
-
total
6 689
-
15 063
-
Corporate
106 735
192 000
-
-
income

Corporate income tax will depend on a type of legal entity. For LLC and Limited Partnership it is set at 20%. All other entities pay 37.6%.

21 347
38 400
-
-
total
21 347
38 400
-
-
Dividends
85 388
153 600
-
-
withholding
18 785
33 792
-
-
total
18 785
33 792
-
-
Income
192 000
192 000
192 000
192 000
Total tax
72 981
72 192
80 216
81 247
After tax
119 019
119 808
111 784
110 753
Living cost
47 550
47 550
47 550
47 550
Free-cash
71 469
72 258
64 234
63 203

Estimated living cost  is ₽47550 per week

₽32319
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4420
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽712
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10099
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

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
₽126857
₽63488
₽134420
₽49620
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
192 000
social contributions

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

-
-
-
35 322
income
-
-
-
38 919
surtax
-
-
-
48 959
microenterprise
-
-
-
-
total
-
-
-
123 200
Employee
26 938
-
149 127
-
social contributions

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

2 964
-
12 085
-
income
4 795
-
32 752
-
surtax
-
-
21 624
-
total
7 759
-
66 461
-
Employer
26 938
-
149 127
-
surtax
-
-
16 403
-
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.

6 489
-
26 468
-
total
6 489
-
42 871
-
Corporate
158 573
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%.

31 715
38 400
-
-
total
31 715
38 400
-
-
Dividends

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

126 858
153 600
-
-
total
-
-
-
-
Income
192 000
192 000
192 000
192 000
Total tax
45 963
38 400
109 332
123 200
After tax
146 037
153 600
82 668
68 800
Living cost
19 180
19 180
19 180
19 180
Free-cash
126 857
134 420
63 488
49 620

Estimated living cost  is ₽19180 per week

₽12236
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1826
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.
₽4682
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51232
₽84201
₽56882
₽65321
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 368
income
-
-
-
65 890
pensions
-
-
-
10 801
total
-
-
-
88 059
Employee
78 727
78 727
174 867
-
pensions
14 171
10 801
10 801
-
health
12 084
10 278
11 368
-
income

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

12 886
12 886
29 877
-
total
39 141
33 965
52 046
-
Employer
78 727
78 727
174 867
-
pensions
5 479
5 479
6 811
-
health
5 472
5 472
6 800
-
unemployment
2 834
2 834
3 522
-
total
13 785
13 785
17 133
-
Corporate
100 453
99 487
-
-
income
20 091
19 897
-
-
total
20 091
19 897
-
-
Dividends
80 362
79 590
-
-
income
17 077
16 912
-
-
withholding
12 054
11 939
-
-
total
29 131
28 851
-
-
Income
192 000
192 000
192 000
192 000
Total tax
102 148
96 498
69 179
88 059
After tax
89 852
95 502
122 821
103 941
Living cost
38 620
38 620
38 620
38 620
Free-cash
51 232
56 882
84 201
65 321

Estimated living cost  is ₽38620 per week

₽27369
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3481
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.
₽7155
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66314
₽58418
₽67158
₽59332
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
165
health
-
-
-
5 152
municipal
-
-
-
50 121
pensions
-
-
-
8 926
other
-
-
-
9 595
unemployment
-
-
-
83
national
-
-
-
20 952
total
-
-
-
94 994
Employee
53 683
-
166 057
-
municipal
16 008
-
49 518
-
national
-
-
20 446
-
total
16 008
-
69 964
-
Employer
53 683
-
166 057
-
pensions
5 803
-
8 926
-
other
6 238
-
9 595
-
health
3 301
-
5 078
-
unemployment
1 417
-
2 180
-
accident
107
-
165
-
total
16 866
-
25 944
-
Corporate
121 450
192 000
-
-
income
26 719
42 240
-
-
total
26 719
42 240
-
-
Dividends
94 731
149 760
-
-
withholding
28 419
44 928
-
-
total
28 419
44 928
-
-
Income
192 000
192 000
192 000
192 000
Total tax
88 012
87 168
95 908
94 994
After tax
103 988
104 832
96 092
97 006
Living cost
37 674
37 674
37 674
37 674
Free-cash
66 314
67 158
58 418
59 332

Estimated living cost  is ₽37674 per week

₽24969
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3697
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽572
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8436
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72541
₽83408
₽59588
₽58875
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 298
trade
-
-
-
24 533
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.

-
-
-
62 633
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.

-
-
-
3 445
total
-
-
-
96 909
Employee

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

46 752
-
192 000
-
health

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

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

6 298
-
6 298
-
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.

4 017
-
62 633
-
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.

220
-
3 445
-
total
10 535
-
72 376
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
145 248
192 000
-
-
income
21 788
28 800
-
-
chamber of commerce
346
413
-
-
surtax

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

1 198
1 583
-
-
trade
23 893
31 583
-
-
total
47 225
62 379
-
-
Dividends
98 023
129 620
-
-
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.

1 328
1 763
-
-
withholding
24 155
32 054
-
-
total
25 483
33 817
-
-
Income
192 000
192 000
192 000
192 000
Total tax
83 243
96 196
72 376
96 909
After tax
108 757
95 804
119 624
95 091
Living cost
36 216
36 216
36 216
36 216
Free-cash
72 541
59 588
83 408
58 875

Estimated living cost  is ₽36216 per week

₽24222
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3819
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽541
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7635
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽106245
₽98238
₽110066
₽99848
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 000
social contributions
-
-
-
14 916
health
-
-
-
4 897
income
-
-
-
42 437
total
-
-
-
62 250
Employee
70 890
70 890
180 721
-
health
705
1 205
3 072
-
social contributions
3 445
5 884
7 936
-
income
7 444
6 562
41 573
-
total
11 594
13 651
52 581
-
Employer
70 890
70 890
180 721
-
health
768
1 312
3 343
-
social contributions
3 445
5 884
7 936
-
total
4 213
7 196
11 279
-
Corporate
146 291
113 914
-
-
income
18 286
14 239
-
-
total
18 286
14 239
-
-
Dividends
128 006
99 675
-
-
withholding
21 760
16 946
-
-
total
21 760
16 946
-
-
Income
192 000
192 000
192 000
192 000
Total tax
55 853
52 032
63 860
62 250
After tax
136 147
139 968
128 140
129 750
Living cost
29 902
29 902
29 902
29 902
Free-cash
106 245
110 066
98 238
99 848

Estimated living cost  is ₽29902 per week

₽20441
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2336
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽502
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6624
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90979
₽94121
₽90621
₽115826
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
13 440
income
-
-
-
23 472
pensions
-
-
-
19 200
unemployment
-
-
-
2 880
total
-
-
-
58 992
Employee

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

The minimum wage is 138,000 HUF per month.

24 802
9 871
160 669
-
unemployment
372
148
2 410
-
pensions
2 480
987
16 067
-
health
1 736
691
11 247
-
income
3 032
1 207
19 642
-
total
7 620
3 033
49 366
-
Employer

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

The minimum wage is 138,000 HUF per month.

24 802
9 871
160 669
-
pensions
4 836
1 925
31 331
-
total
4 836
1 925
31 331
-
Corporate
162 362
180 204
-
-
income
14 613
16 218
-
-
total
14 613
16 218
-
-
Dividends
147 749
163 986
-
-
social contributions
28 698
31 864
-
-
withholding
28 072
31 157
-
-
total
56 770
63 021
-
-
Income
192 000
192 000
192 000
192 000
Total tax
83 839
84 197
80 697
58 992
After tax
108 161
107 803
111 303
133 008
Living cost
17 182
17 182
17 182
17 182
Free-cash
90 979
90 621
94 121
115 826

Estimated living cost  is ₽17182 per week

₽11725
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1406
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽343
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3708
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽125606
₽88400
₽131333
₽80645
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
24 960
income
-
-
-
25 728
pensions
-
-
-
38 400
total
-
-
-
89 088
Employee
26 153
-
143 497
-
unemployment
418
-
2 295
-
pensions
523
-
2 869
-
income
2 944
-
27 666
-
total
3 885
-
32 830
-
Employer
26 153
-
143 497
-
pensions
5 231
-
28 700
-
health
3 399
-
18 655
-
unemployment
210
-
1 148
-
total
8 840
-
48 503
-
Corporate
157 007
192 000
-
-
income
31 402
38 400
-
-
total
31 402
38 400
-
-
Dividends
125 605
153 600
-
-
total
-
-
-
-
Income
192 000
192 000
192 000
192 000
Total tax
44 127
38 400
81 333
89 088
After tax
147 873
153 600
110 667
102 912
Living cost
22 267
22 267
22 267
22 267
Free-cash
125 606
131 333
88 400
80 645

Estimated living cost  is ₽22267 per week

₽15273
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1326
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽5220
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12390
₽84619
-₽5065
₽110538
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
237
health
-
-
-
2 044
income
-
-
-
54 318
pensions
-
-
-
3 899
other
-
-
-
347
total
-
-
-
60 845
Employee
32 432
-
174 486
-
pensions
3 652
-
7 150
-
health
3 713
-
19 979
-
income
4 449
-
42 121
-
total
11 814
-
69 250
-
Employer
32 432
-
174 486
-
pensions
5 274
-
10 325
-
unemployment
795
-
4 275
-
accident
541
-
2 914
-
total
6 610
-
17 514
-
Corporate
152 959
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.

137 663
172 800
-
-
total
137 663
172 800
-
-
Dividends
15 296
19 200
-
-
withholding
2 906
3 648
-
-
total
2 906
3 648
-
-
Income
192 000
192 000
192 000
192 000
Total tax
158 993
176 448
86 764
60 845
After tax
33 007
15 552
105 236
131 155
Living cost
20 617
20 617
20 617
20 617
Free-cash
12 390
-5 065
84 619
110 538

Estimated living cost  is ₽20617 per week

₽15111
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1142
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽430
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3934
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽173310
₽145945
₽174745
₽182425
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 569
-
192 000
-
income
1 913
-
38 400
-
total
1 913
-
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%.

182 431
192 000
-
-
total
-
-
-
-
Dividends
182 431
192 000
-
-
withholding
9 122
9 600
-
-
total
9 122
9 600
-
-
Income
192 000
192 000
192 000
192 000
Total tax
11 035
9 600
38 400
1 920
After tax
180 965
182 400
153 600
190 080
Living cost
7 655
7 655
7 655
7 655
Free-cash
173 310
174 745
145 945
182 425

Estimated living cost  is ₽7655 per week

₽4744
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽636
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽210
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2064
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽110271
₽86860
₽116497
₽88480
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 169
income
-
-
-
32 481
pensions

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

-
-
-
33 646
other
-
-
-
6 659
total
-
-
-
78 955
Employee
33 473
-
156 541
-
unemployment
334
-
1 401
-
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.

2 343
-
9 813
-
health
469
-
1 963
-
income
5 763
-
31 940
-
total
8 909
-
45 117
-
Employer
33 473
-
156 541
-
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.

5 691
-
23 833
-
other
1 674
-
7 008
-
health
469
-
1 963
-
unemployment
334
-
1 401
-
accident
268
-
1 253
-
total
8 436
-
35 458
-
Corporate
150 091
192 000
-
-
income
31 519
40 320
-
-
total
31 519
40 320
-
-
Dividends
118 572
151 680
-
-
withholding
8 300
10 618
-
-
total
8 300
10 618
-
-
Income
192 000
192 000
192 000
192 000
Total tax
57 164
50 938
80 575
78 955
After tax
134 836
141 062
111 425
113 045
Living cost
24 565
24 565
24 565
24 565
Free-cash
110 271
116 497
86 860
88 480

Estimated living cost  is ₽24565 per week

₽17357
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1659
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽395
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5154
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69037
₽47297
₽61771
₽64491
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 000
income
-
-
-
58 385
pensions
-
-
-
8 780
total
-
-
-
67 165
Employee
85 377
-
167 417
-
pensions
8 237
-
10 556
-
health
1 407
-
2 299
-
income
15 390
-
46 922
-
total
25 034
-
59 777
-
Employer
85 377
-
167 417
-
pensions
10 081
-
21 401
-
health
1 621
-
3 181
-
total
11 702
-
24 582
-
Corporate
94 921
192 000
-
-
income

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

18 035
36 479
-
-
total
18 035
36 479
-
-
Dividends
76 886
155 521
-
-
withholding
7 848
33 406
-
-
total
7 848
33 406
-
-
Income
192 000
192 000
192 000
192 000
Total tax
62 619
69 885
84 359
67 165
After tax
129 381
122 115
107 641
124 835
Living cost
60 344
60 344
60 344
60 344
Free-cash
69 037
61 771
47 297
64 491

Estimated living cost  is ₽60344 per week

₽45217
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7090
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7547
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽147789
₽150362
₽152071
₽142511
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 704
income
-
-
-
28 800
pensions

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

-
-
-
4 767
unemployment
-
-
-
129
total
-
-
-
37 400
Employee
16 007
-
185 681
-
accident

We are using the highest rate at 1.1%.

176
-
354
-
pensions

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

1 405
-
2 828
-
health
736
-
1 481
-
income
1 600
-
18 568
-
total
3 917
-
23 231
-
Employer
16 007
-
185 681
-
pensions

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

1 764
-
3 549
-
health
1 105
-
2 222
-
unemployment
96
-
193
-
accident

We are using the highest rate at 1.1%.

176
-
354
-
total
3 141
-
6 318
-
Corporate
172 852
192 000
-
-
income
17 285
19 200
-
-
total
17 285
19 200
-
-
Dividends
155 567
172 800
-
-
withholding
7 779
8 640
-
-
total
7 779
8 640
-
-
Income
192 000
192 000
192 000
192 000
Total tax
32 122
27 840
29 549
37 400
After tax
159 878
164 160
162 451
154 600
Living cost
12 089
12 089
12 089
12 089
Free-cash
147 789
152 071
150 362
142 511

Estimated living cost  is ₽12089 per week

₽7058
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽863
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽320
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3848
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46700
₽71700
₽44381
₽52820
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 368
income
-
-
-
65 890
pensions
-
-
-
10 801
total
-
-
-
88 059
Employee
85 472
78 727
174 867
-
pensions
10 801
10 801
10 801
-
health
10 663
10 278
11 368
-
income

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

12 886
12 886
29 877
-
total
34 350
33 965
52 046
-
Employer
85 472
78 727
174 867
-
pensions
5 948
5 479
6 811
-
health
5 940
5 472
6 800
-
unemployment
3 077
2 834
3 522
-
total
14 965
13 785
17 133
-
Corporate
91 563
99 487
-
-
income
18 312
19 897
-
-
total
18 312
19 897
-
-
Dividends
73 251
79 590
-
-
income
15 565
16 912
-
-
withholding
10 987
11 939
-
-
total
26 552
28 851
-
-
Income
192 000
192 000
192 000
192 000
Total tax
94 179
96 498
69 179
88 059
After tax
97 821
95 502
122 821
103 941
Living cost
51 121
51 121
51 121
51 121
Free-cash
46 700
44 381
71 700
52 820

Estimated living cost  is ₽51121 per week

₽37710
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4566
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽586
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8259
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽100999
₽80509
₽109201
₽88677
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 000
social contributions
-
-
-
33 083
health
-
-
-
25 920
income
-
-
-
19 950
solidarity contribution
-
-
-
1 379
total
-
-
-
80 332
Employee
33 810
-
150 161
-
solidarity contribution
-
-
646
-
health
4 564
-
20 272
-
social contributions
2 198
-
7 364
-
income
4 057
-
18 379
-
total
10 819
-
46 661
-
Employer
33 810
-
150 161
-
health
3 043
-
13 514
-
social contributions
8 453
-
28 325
-
total
11 496
-
41 839
-
Corporate
146 694
192 000
-
-
income
27 872
36 480
-
-
total
27 872
36 480
-
-
Dividends
118 822
155 520
-
-
withholding
17 823
23 328
-
-
total
17 823
23 328
-
-
Income
192 000
192 000
192 000
192 000
Total tax
68 010
59 808
88 500
80 332
After tax
123 990
132 192
103 500
111 668
Living cost
22 991
22 991
22 991
22 991
Free-cash
100 999
109 201
80 509
88 677

Estimated living cost  is ₽22991 per week

₽15970
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1636
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽452
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4934
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58725
₽44851
₽63539
₽52666
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
46 141
municipal
-
-
-
1 167
regional
-
-
-
2 355
national
-
-
-
50 770
total
-
-
-
100 433
Employee
81 933
-
192 000
-
regional
773
-
2 105
-
municipal
434
-
1 051
-
national
14 197
-
44 600
-
social contributions
27 628
-
60 492
-
total
43 032
-
108 248
-
Employer
81 933
-
192 000
-
total
-
-
-
-
Corporate
110 067
192 000
-
-
municipal
4 293
7 488
-
-
nationa
26 416
46 080
-
-
total
30 709
53 568
-
-
Dividends
79 358
138 432
-
-
withholding
20 633
35 992
-
-
total
20 633
35 992
-
-
Income
192 000
192 000
192 000
192 000
Total tax
94 374
89 560
108 248
100 433
After tax
97 626
102 440
83 752
91 567
Living cost
38 901
38 901
38 901
38 901
Free-cash
58 725
63 539
44 851
52 666

Estimated living cost  is ₽38901 per week

₽27117
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2551
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽597
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8635
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97555
₽64484
₽100425
₽70124
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 735
income
-
-
-
58 354
surtax
-
-
-
9 626
pensions
-
-
-
24 608
other
-
-
-
-
unemployment
-
-
-
210
total
-
-
-
101 533
Employee
30 487
-
166 101
-
unemployment
2 122
-
8 564
-
pensions
2 033
-
8 207
-
health
779
-
3 137
-
income
5 110
-
52 842
-
other
-
-
-
-
surtax
100
-
8 524
-
total
10 144
-
81 274
-
Employer
30 487
-
166 101
-
pensions
4 064
-
16 401
-
other
-
-
-
-
health
1 387
-
5 598
-
unemployment
966
-
3 900
-
total
6 417
-
25 899
-
Corporate
155 096
192 000
-
-
income
40 326
49 920
-
-
total
40 326
49 920
-
-
Dividends
114 770
142 080
-
-
withholding
17 215
21 312
-
-
total
17 215
21 312
-
-
Income
192 000
192 000
192 000
192 000
Total tax
74 102
71 232
107 173
101 533
After tax
117 898
120 768
84 827
90 467
Living cost
20 343
20 343
20 343
20 343
Free-cash
97 555
100 425
64 484
70 124

Estimated living cost  is ₽20343 per week

₽12439
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1877
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5558
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86851
₽66416
₽80890
₽83610
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 000
income
-
-
-
58 385
pensions
-
-
-
8 780
total
-
-
-
67 165
Employee
57 218
-
167 417
-
pensions
4 856
-
10 556
-
health
831
-
2 299
-
income
10 305
-
46 922
-
total
15 992
-
59 777
-
Employer
57 218
-
167 417
-
pensions
6 194
-
21 401
-
health
1 087
-
3 181
-
total
7 281
-
24 582
-
Corporate
127 502
192 000
-
-
income

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

24 225
36 479
-
-
total
24 225
36 479
-
-
Dividends
103 277
155 521
-
-
withholding
16 426
33 406
-
-
total
16 426
33 406
-
-
Income
192 000
192 000
192 000
192 000
Total tax
63 924
69 885
84 359
67 165
After tax
128 076
122 115
107 641
124 835
Living cost
41 225
41 225
41 225
41 225
Free-cash
86 851
80 890
66 416
83 610

Estimated living cost  is ₽41225 per week

₽30886
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3090
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽431
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6818
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽46003
₽72607
₽14748
₽80520
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
432
pensions
-
-
-
17 665
other

This will depend on a canton and a chosen fund. The rate is between 0.3% and 3.4% with a maximum base of 148,200 CHF. We use 2% as an average rate.

-
-
-
3 841
regional
-
-
-
10 233
city
-
-
-
2 024
national
-
-
-
4 234
total
-
-
-
38 429
Employee
85 489
-
172 275
-
unemployment
-
-
-
-
pensions
7 182
-
13 997
-
regional
2 799
-
8 966
-
national
405
-
3 305
-
health
193
-
388
-
city
917
-
1 856
-
total
11 496
-
28 512
-
Employer
85 489
-
172 275
-
pensions
7 182
-
13 997
-
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.

1 709
-
3 445
-
health
193
-
388
-
unemployment
-
-
-
-
total
9 084
-
17 830
-
Corporate
96 487
192 000
-
-
regional
20 408
40 607
-
-
national
8 201
16 319
-
-
total
28 609
56 926
-
-
Dividends
67 878
135 073
-
-
withholding
23 757
47 275
-
-
total
23 757
47 275
-
-
Income
192 000
192 000
192 000
192 000
Total tax
72 946
104 201
46 342
38 429
After tax
119 054
87 799
145 658
153 571
Living cost
73 051
73 051
73 051
73 051
Free-cash
46 003
14 748
72 607
80 520

Estimated living cost  is ₽73051 per week

₽47504
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6556
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽897
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18094
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽67530
₽77391
₽52582
₽51813
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 298
trade
-
-
-
25 578
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.

-
-
-
62 633
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.

-
-
-
3 445
total
-
-
-
97 954
Employee

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

55 405
-
192 000
-
health

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

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

6 298
-
6 298
-
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.

6 515
-
62 633
-
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.

359
-
3 445
-
total
13 172
-
72 376
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
136 595
192 000
-
-
income
20 490
28 800
-
-
chamber of commerce
332
409
-
-
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.

1 127
1 583
-
-
trade
23 426
32 929
-
-
total
45 375
63 721
-
-
Dividends
91 220
128 278
-
-
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.

1 235
1 744
-
-
withholding
22 455
31 720
-
-
total
23 690
33 464
-
-
Income
192 000
192 000
192 000
192 000
Total tax
82 237
97 185
72 376
97 954
After tax
109 763
94 815
119 624
94 046
Living cost
42 233
42 233
42 233
42 233
Free-cash
67 530
52 582
77 391
51 813

Estimated living cost  is ₽42233 per week

₽30845
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3378
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.
₽7462
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70673
₽70212
₽65228
₽74858
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 471
health
-
-
-
9 043
income
-
-
-
33 721
surtax
-
-
-
-
pensions
-
-
-
31 414
other
-
-
-
5 952
total
-
-
-
85 601
Employee
39 456
-
147 122
-
pensions
4 461
-
10 840
-
social contributions
1 125
-
4 192
-
income
2 329
-
30 339
-
surtax
-
-
-
-
total
7 915
-
45 371
-
Employer
39 456
-
147 122
-
pensions
6 482
-
18 141
-
other
1 361
-
6 000
-
health
2 762
-
14 335
-
unemployment
1 597
-
5 959
-
social contributions
119
-
441
-
total
12 321
-
44 876
-
Corporate
140 222
192 000
-
-
income
39 262
53 760
-
-
surtax
-
-
-
-
total
39 262
53 760
-
-
Dividends
100 960
138 240
-
-
surtax
-
-
-
-
social contributions
17 365
23 777
-
-
withholding
12 923
17 694
-
-
total
30 288
41 471
-
-
Income
192 000
192 000
192 000
192 000
Total tax
89 786
95 231
90 247
85 601
After tax
102 214
96 769
101 753
106 399
Living cost
31 541
31 541
31 541
31 541
Free-cash
70 673
65 228
70 212
74 858

Estimated living cost  is ₽31541 per week

₽19888
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2565
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.
₽8553
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73473
₽73337
₽68353
₽77983
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 471
health
-
-
-
9 043
income
-
-
-
33 721
surtax
-
-
-
-
pensions
-
-
-
31 414
other
-
-
-
5 952
total
-
-
-
85 601
Employee
35 220
-
147 122
-
pensions
3 984
-
10 840
-
social contributions
1 004
-
4 192
-
income
1 816
-
30 339
-
surtax
-
-
-
-
total
6 804
-
45 371
-
Employer
35 220
-
147 122
-
pensions
5 787
-
18 141
-
other
1 216
-
6 000
-
health
2 465
-
14 335
-
unemployment
1 426
-
5 959
-
social contributions
105
-
441
-
total
10 999
-
44 876
-
Corporate
145 781
192 000
-
-
income
40 819
53 760
-
-
surtax
-
-
-
-
total
40 819
53 760
-
-
Dividends
104 962
138 240
-
-
surtax
-
-
-
-
social contributions
18 055
23 777
-
-
withholding
13 434
17 694
-
-
total
31 489
41 471
-
-
Income
192 000
192 000
192 000
192 000
Total tax
90 111
95 231
90 247
85 601
After tax
101 889
96 769
101 753
106 399
Living cost
28 416
28 416
28 416
28 416
Free-cash
73 473
68 353
73 337
77 983

Estimated living cost  is ₽28416 per week

₽16480
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2887
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8511
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98066
₽98925
₽97589
₽103754
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 000
social contributions
-
-
-
26 496
health
-
-
-
13 401
income
-
-
-
28 800
total
-
-
-
68 697
Employee
31 258
-
192 000
-
health
2 182
-
13 401
-
social contributions
4 314
-
26 496
-
income
5 213
-
33 629
-
total
11 709
-
73 526
-
Employer
31 258
-
192 000
-
total
-
-
-
-
Corporate
160 742
192 000
-
-
income

The standard tax rate is 15%. However, small companies and agricultural companies can apply a reduced corporate income tax rate of 0% to the first year of operation when certain conditions are met; and 5% to revenues of less than €300,000 per year. We made calculations based on 5% and skipped 0%.

8 037
9 599
-
-
total
8 037
9 599
-
-
Dividends
152 705
182 401
-
-
health
10 660
12 731
-
-
social contributions
21 073
25 172
-
-
withholding
22 906
27 360
-
-
total
54 639
65 263
-
-
Income
192 000
192 000
192 000
192 000
Total tax
74 385
74 862
73 526
68 697
After tax
117 615
117 138
118 474
123 303
Living cost
19 549
19 549
19 549
19 549
Free-cash
98 066
97 589
98 925
103 754

Estimated living cost  is ₽19549 per week

₽13083
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1205
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4809
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72042
₽18014
₽73467
₽66127
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 238
surtax
-
-
-
182
income
-
-
-
58 622
chamber of commerce
-
-
-
768
pensions
-
-
-
19 925
unemployment
-
-
-
5 654
total
-
-
-
93 389
Employee
46 073
36 739
157 208
-
unemployment
1 382
1 102
3 231
-
pensions
4 718
3 761
11 029
-
health
1 783
1 422
4 167
-
income
5 245
2 710
48 777
-
other
460
367
1 078
-
total
13 588
9 362
68 282
-
Employer
46 073
36 739
157 208
-
chamber of commerce
184
147
628
-
pensions
5 782
4 612
13 517
-
other
2 189
1 744
7 047
-
health
1 741
1 389
4 071
-
unemployment
1 382
1 102
3 231
-
accident
598
478
1 400
-
surtax
182
182
182
-
payroll
1 382
1 102
4 717
-
total
13 440
10 756
34 793
-
Corporate
132 488
144 505
153 709
-
income

The minimum corporate income for a GmbH is €1,1750 for a year. However, for GmbHs founded after 30 June 2013, the amount is reduced to €500 for the first five years and €1000 for the next five years.

Минимальный корпоративный налог для GmbH €1,1750 в год. Если GmbHs основана после 30 Июня 2013 эта сумма сниже до €500 в первые 5 лет и €1000 для следующих пяти лет.

33 121
36 127
38 427
-
total
33 121
36 127
38 427
-
Dividends
99 367
108 378
-
-
withholding
27 325
29 804
-
-
total
27 325
29 804
-
-
Income
192 000
192 000
192 000
192 000
Total tax
87 474
86 049
141 502
93 389
After tax
104 526
105 951
50 498
98 611
Living cost
32 484
32 484
32 484
32 484
Free-cash
72 042
73 467
18 014
66 127

Estimated living cost  is ₽32484 per week

₽21666
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2771
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽534
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7514
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59880
₽32331
₽72608
₽49816
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 000
social contributions
-
-
-
22 985
communal

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

-
-
-
10 142
national
-
-
-
75 443
total
-
-
-
108 570
Employee

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

65 944
-
148 709
-
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.

574
-
1 295
-
pensions

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

4 946
-
11 153
-
national
20 274
-
55 571
-
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.

3 098
-
6 991
-
communal

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

3 439
-
7 755
-
total
32 331
-
82 765
-
Employer

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

65 944
-
148 709
-
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.

5 843
-
13 175
-
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.

4 055
-
9 146
-
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.

962
-
2 171
-
accident

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

857
-
1 933
-
surtax
7 477
-
16 865
-
total
19 194
-
43 290
-
Corporate
106 860
192 000
-
-
income
21 372
39 934
-
-
surtax
427
800
-
-
total
21 799
40 734
-
-
Dividends
85 062
151 267
-
-
withholding

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

25 182
45 044
-
-
total
25 182
45 044
-
-
Income
192 000
192 000
192 000
192 000
Total tax
98 506
85 778
126 055
108 570
After tax
93 494
106 222
65 945
83 430
Living cost
33 614
33 614
33 614
33 614
Free-cash
59 880
72 608
32 331
49 816

Estimated living cost  is ₽33614 per week

₽21652
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2939
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8497
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88013
₽70256
₽94330
₽74125
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
770
income
-
-
-
58 946
pensions
-
-
-
24 181
other
-
-
-
86
unemployment
-
-
-
598
total
-
-
-
84 581
Employee
45 890
-
164 759
-
unemployment
712
-
1 324
-
pensions
2 157
-
4 017
-
income
9 683
-
55 782
-
other
45
-
86
-
total
12 597
-
61 209
-
Employer
45 890
-
164 759
-
pensions
10 829
-
20 166
-
other
366
-
684
-
unemployment
2 525
-
4 699
-
accident
908
-
1 692
-
total
14 628
-
27 241
-
Corporate
131 482
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.

19 722
28 800
-
-
total
19 722
28 800
-
-
Dividends
111 760
163 200
-
-
withholding
23 746
35 576
-
-
total
23 746
35 576
-
-
Income
192 000
192 000
192 000
192 000
Total tax
70 693
64 376
88 450
84 581
After tax
121 307
127 624
103 550
107 419
Living cost
33 294
33 294
33 294
33 294
Free-cash
88 013
94 330
70 256
74 125

Estimated living cost  is ₽33294 per week

₽24517
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2362
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽479
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5934
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47304
₽49166
₽59866
₽41512
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
1 618
health
-
-
-
13 489
income
-
-
-
34 849
surtax
-
-
-
9 519
pensions
-
-
-
28 779
communal
-
-
-
12 134
total
-
-
-
100 388
Employee
69 815
-
171 505
-
pensions
5 584
-
13 721
-
health
3 107
-
7 631
-
income
6 743
-
40 376
-
surtax
4 279
-
10 511
-
total
19 713
-
72 239
-
Employer
69 815
-
171 505
-
pensions
5 584
-
13 721
-
health
2 129
-
5 231
-
accident
628
-
1 543
-
total
8 341
-
20 495
-
Corporate
113 843
192 000
-
-
income
17 077
28 800
-
-
communal
7 684
12 960
-
-
surtax
1 195
2 015
-
-
total
25 956
43 775
-
-
Dividends
87 888
148 224
-
-
income
27 404
16 025
-
-
withholding
13 182
22 234
-
-
total
40 586
38 259
-
-
Income
192 000
192 000
192 000
192 000
Total tax
94 596
82 034
92 734
100 388
After tax
97 404
109 966
99 266
91 612
Living cost
50 100
50 100
50 100
50 100
Free-cash
47 304
59 866
49 166
41 512

Estimated living cost  is ₽50100 per week

₽37582
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3035
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8950
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97128
₽64120
₽100061
₽69760
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 735
income
-
-
-
58 354
surtax
-
-
-
9 626
pensions
-
-
-
24 608
other
-
-
-
-
unemployment
-
-
-
210
total
-
-
-
101 533
Employee
31 046
-
166 101
-
unemployment
2 161
-
8 564
-
pensions
2 071
-
8 207
-
health
793
-
3 137
-
income
5 205
-
52 842
-
other
-
-
-
-
surtax
110
-
8 524
-
total
10 340
-
81 274
-
Employer
31 046
-
166 101
-
pensions
4 139
-
16 401
-
other
-
-
-
-
health
1 412
-
5 598
-
unemployment
985
-
3 900
-
total
6 536
-
25 899
-
Corporate
154 417
192 000
-
-
income
40 149
49 920
-
-
total
40 149
49 920
-
-
Dividends
114 268
142 080
-
-
withholding
17 140
21 312
-
-
total
17 140
21 312
-
-
Income
192 000
192 000
192 000
192 000
Total tax
74 165
71 232
107 173
101 533
After tax
117 835
120 768
84 827
90 467
Living cost
20 707
20 707
20 707
20 707
Free-cash
97 128
100 061
64 120
69 760

Estimated living cost  is ₽20707 per week

₽12502
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1800
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5926
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74039
₽58354
₽76085
₽66127
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
46 141
municipal
-
-
-
1 167
regional
-
-
-
2 961
national
-
-
-
50 770
total
-
-
-
101 039
Employee
51 139
-
192 000
-
regional
688
-
2 669
-
municipal
271
-
1 051
-
national
8 102
-
44 600
-
social contributions
17 245
-
60 492
-
total
26 306
-
108 812
-
Employer
51 139
-
192 000
-
total
-
-
-
-
Corporate
140 861
192 000
-
-
municipal
7 001
9 542
-
-
nationa
33 807
46 080
-
-
total
40 808
55 622
-
-
Dividends
100 052
136 379
-
-
withholding
26 013
35 459
-
-
total
26 013
35 459
-
-
Income
192 000
192 000
192 000
192 000
Total tax
93 127
91 081
108 812
101 039
After tax
98 873
100 919
83 188
90 961
Living cost
24 834
24 834
24 834
24 834
Free-cash
74 039
76 085
58 354
66 127

Estimated living cost  is ₽24834 per week

₽15444
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2516
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽425
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6449
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93752
₽75169
₽103861
₽83337
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 000
social contributions
-
-
-
33 083
health
-
-
-
25 920
income
-
-
-
19 950
solidarity contribution
-
-
-
1 379
total
-
-
-
80 332
Employee
41 663
-
150 161
-
solidarity contribution
-
-
646
-
health
5 625
-
20 272
-
social contributions
2 708
-
7 364
-
income
5 000
-
18 379
-
total
13 333
-
46 661
-
Employer
41 663
-
150 161
-
health
3 750
-
13 514
-
social contributions
10 416
-
28 325
-
total
14 166
-
41 839
-
Corporate
136 171
192 000
-
-
income
25 873
36 480
-
-
total
25 873
36 480
-
-
Dividends
110 299
155 520
-
-
withholding
16 545
23 328
-
-
total
16 545
23 328
-
-
Income
192 000
192 000
192 000
192 000
Total tax
69 917
59 808
88 500
80 332
After tax
122 083
132 192
103 500
111 668
Living cost
28 331
28 331
28 331
28 331
Free-cash
93 752
103 861
75 169
83 337

Estimated living cost  is ₽28331 per week

₽21069
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1569
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5203
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76181
₽21131
₽76639
₽69381
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 238
surtax
-
-
-
-
income
-
-
-
58 622
chamber of commerce
-
-
-
768
pensions
-
-
-
19 925
unemployment
-
-
-
5 654
total
-
-
-
93 207
Employee
40 299
36 739
157 378
-
unemployment
1 209
1 102
3 231
-
pensions
4 127
3 761
11 029
-
health
1 559
1 422
4 167
-
income
3 590
2 710
48 860
-
other
402
367
1 078
-
total
10 887
9 362
68 365
-
Employer
40 299
36 739
157 378
-
chamber of commerce
161
147
630
-
pensions
5 058
4 612
13 517
-
other
1 914
1 744
7 052
-
health
1 524
1 389
4 071
-
unemployment
1 209
1 102
3 231
-
accident
523
478
1 400
-
surtax
-
-
-
-
payroll
1 209
1 102
4 722
-
total
11 598
10 574
34 623
-
Corporate
140 104
144 687
153 879
-
income

The minimum corporate income for a GmbH is €1,1750 for a year. However, for GmbHs founded after 30 June 2013, the amount is reduced to €500 for the first five years and €1000 for the next five years.

Минимальный корпоративный налог для GmbH €1,1750 в год. Если GmbHs основана после 30 Июня 2013 эта сумма сниже до €500 в первые 5 лет и €1000 для следующих пяти лет.

35 026
36 172
38 469
-
total
35 026
36 172
38 469
-
Dividends
105 077
108 514
-
-
withholding
28 896
29 841
-
-
total
28 896
29 841
-
-
Income
192 000
192 000
192 000
192 000
Total tax
86 407
85 949
141 457
93 207
After tax
105 593
106 051
50 543
98 793
Living cost
29 412
29 412
29 412
29 412
Free-cash
76 181
76 639
21 131
69 381

Estimated living cost  is ₽29412 per week

₽17644
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3004
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8240
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽168234
₽141671
₽170471
₽178151
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
192 000
microenterprise

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

-
-
-
1 920
total
-
-
-
1 920
Employee
14 912
-
192 000
-
income
2 982
-
38 400
-
total
2 982
-
38 400
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

177 088
192 000
-
-
total
-
-
-
-
Dividends
177 088
192 000
-
-
withholding
8 855
9 600
-
-
total
8 855
9 600
-
-
Income
192 000
192 000
192 000
192 000
Total tax
11 837
9 600
38 400
1 920
After tax
180 163
182 400
153 600
190 080
Living cost
11 929
11 929
11 929
11 929
Free-cash
168 234
170 471
141 671
178 151

Estimated living cost  is ₽11929 per week

₽8072
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽501
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.
₽2955
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99755
₽61865
₽107464
₽66035
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
18 893
income
-
-
-
46 992
pensions
-
-
-
35 063
unemployment
-
-
-
289
total
-
-
-
101 237
Employee

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

40 767
-
166 134
-
unemployment
58
-
233
-
pensions
6 319
-
25 751
-
health
2 633
-
10 733
-
income
7 030
-
42 823
-
total
16 040
-
79 540
-
Employer

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

40 767
-
166 134
-
pensions
3 607
-
14 703
-
health
2 715
-
11 064
-
unemployment
24
-
100
-
total
6 346
-
25 867
-
Corporate
144 886
192 000
-
-
income
27 528
36 480
-
-
total
27 528
36 480
-
-
Dividends
117 358
155 520
-
-
withholding
17 603
23 328
-
-
total
17 603
23 328
-
-
Income
192 000
192 000
192 000
192 000
Total tax
67 517
59 808
105 407
101 237
After tax
124 483
132 192
86 593
90 763
Living cost
24 728
24 728
24 728
24 728
Free-cash
99 755
107 464
61 865
66 035

Estimated living cost  is ₽24728 per week

₽16970
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1585
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽479
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5695
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33450
₽140259
₽77161
₽93035
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 000
social contributions
-
-
-
21 888
income
-
-
-
37 425
total
-
-
-
59 313
Employee
56 856
-
-
-
social contributions
4 662
-
664
-
income
12 541
-
-
-
total
17 203
-
664
-
Employer
56 856
-
-
-
social contributions
80 166
-
11 425
-
total
80 166
-
11 425
-
Corporate
54 978
192 000
-
-
income
12 095
42 240
-
-
total
12 095
42 240
-
-
Dividends
42 883
149 760
-
-
income
9 434
32 947
-
-
total
9 434
32 947
-
-
Income
192 000
192 000
192 000
192 000
Total tax
118 898
75 187
12 089
59 313
After tax
73 102
116 813
179 911
132 687
Living cost
39 652
39 652
39 652
39 652
Free-cash
33 450
77 161
140 259
93 035

Estimated living cost  is ₽39652 per week

₽25728
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3729
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽505
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9690
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79366
₽57451
₽80292
₽72007
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
192 000
social contributions

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

-
-
-
66 720
income
-
-
-
24 356
surtax
-
-
-
-
total
-
-
-
91 076
Employee
42 400
-
155 151
-
social contributions
4 664
-
17 066
-
income
8 819
-
51 718
-
surtax
-
-
-
-
total
13 483
-
68 784
-
Employer
42 400
-
155 151
-
social contributions
10 070
-
36 848
-
total
10 070
-
36 848
-
Corporate
139 529
192 000
-
-
income
29 300
40 320
-
-
surtax
-
-
-
-
total
29 300
40 320
-
-
Dividends
110 229
151 680
-
-
withholding
30 864
42 471
-
-
total
30 864
42 471
-
-
Income
192 000
192 000
192 000
192 000
Total tax
83 717
82 791
105 632
91 076
After tax
108 283
109 209
86 368
100 924
Living cost
28 917
28 917
28 917
28 917
Free-cash
79 366
80 292
57 451
72 007

Estimated living cost  is ₽28917 per week

₽21636
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1706
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.
₽5093
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58577
₽57226
₽52242
₽61872
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 471
health
-
-
-
9 043
income
-
-
-
33 721
surtax
-
-
-
-
pensions
-
-
-
31 414
other
-
-
-
5 952
total
-
-
-
85 601
Employee
57 741
-
147 122
-
pensions
6 531
-
10 840
-
social contributions
1 645
-
4 192
-
income
5 038
-
30 339
-
surtax
-
-
-
-
total
13 214
-
45 371
-
Employer
57 741
-
147 122
-
pensions
9 487
-
18 141
-
other
1 993
-
6 000
-
health
4 041
-
14 335
-
unemployment
2 339
-
5 959
-
social contributions
173
-
441
-
total
18 033
-
44 876
-
Corporate
116 226
192 000
-
-
income
32 544
53 760
-
-
surtax
-
-
-
-
total
32 544
53 760
-
-
Dividends
83 682
138 240
-
-
surtax
-
-
-
-
social contributions
14 393
23 777
-
-
withholding
10 712
17 694
-
-
total
25 105
41 471
-
-
Income
192 000
192 000
192 000
192 000
Total tax
88 896
95 231
90 247
85 601
After tax
103 104
96 769
101 753
106 399
Living cost
44 527
44 527
44 527
44 527
Free-cash
58 577
52 242
57 226
61 872

Estimated living cost  is ₽44527 per week

₽30135
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3642
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽611
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10138
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽141991
₽117771
₽145087
₽112670
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
42 241
income
-
-
-
9 377
total
-
-
-
51 618
Employee
29 638
-
166 234
-
social contributions
1 926
-
10 807
-
income
-
-
9 944
-
total
1 926
-
20 751
-
Employer
29 638
-
166 234
-
social contributions
4 594
-
25 766
-
total
4 594
-
25 766
-
Corporate
157 768
192 000
-
-
income
15 777
19 201
-
-
total
15 777
19 201
-
-
Dividends
141 991
172 799
-
-
total
-
-
-
-
Income
192 000
192 000
192 000
192 000
Total tax
22 297
19 201
46 517
51 618
After tax
169 703
172 799
145 483
140 382
Living cost
27 712
27 712
27 712
27 712
Free-cash
141 991
145 087
117 771
112 670

Estimated living cost  is ₽27712 per week

₽17918
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2089
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽521
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7183
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8637
-₽8637
-₽8637
₽67168
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
40 879
pensions
-
-
-
798
labour market
-
-
-
15 296
national
-
-
-
23 510
total
-
-
-
80 483
Employee
187 188
187 188
187 188
-
pensions
266
266
266
-
municipal
39 861
39 861
39 861
-
national
22 868
22 868
22 868
-
labour market
14 954
14 954
14 954
-
total
77 949
77 949
77 949
-
Employer
187 188
187 188
187 188
-
municipal
39 924
39 924
39 924
-
pensions
532
532
532
-
national
22 908
22 908
22 908
-
labour market
14 975
14 975
14 975
-
total
78 339
78 339
78 339
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
192 000
192 000
192 000
192 000
Total tax
156 288
156 288
156 288
80 483
After tax
35 712
35 712
35 712
111 517
Living cost
44 349
44 349
44 349
44 349
Free-cash
-8 637
-8 637
-8 637
67 168

Estimated living cost  is ₽44349 per week

₽30353
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3923
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽682
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9391
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12435
₽84923
-₽4761
₽110842
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
237
health
-
-
-
2 044
income
-
-
-
54 318
pensions
-
-
-
3 899
other
-
-
-
347
total
-
-
-
60 845
Employee
31 954
-
174 486
-
pensions
3 598
-
7 150
-
health
3 659
-
19 979
-
income
4 384
-
42 121
-
total
11 641
-
69 250
-
Employer
31 954
-
174 486
-
pensions
5 196
-
10 325
-
unemployment
783
-
4 275
-
accident
534
-
2 914
-
total
6 513
-
17 514
-
Corporate
153 534
192 000
-
-
income

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

138 181
172 800
-
-
total
138 181
172 800
-
-
Dividends
15 354
19 200
-
-
withholding
2 917
3 648
-
-
total
2 917
3 648
-
-
Income
192 000
192 000
192 000
192 000
Total tax
159 252
176 448
86 764
60 845
After tax
32 748
15 552
105 236
131 155
Living cost
20 313
20 313
20 313
20 313
Free-cash
12 435
-4 761
84 923
110 842

Estimated living cost  is ₽20313 per week

₽14785
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1158
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽381
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3988
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85928
₽62148
₽83076
₽84141
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
2 572
municipal
-
-
-
34 098
national
-
-
-
35 795
total
-
-
-
72 465
Employee
48 503
-
161 522
-
unemployment
728
-
2 423
-
pensions
3 273
-
10 903
-
municipal
7 944
-
26 297
-
national
801
-
22 254
-
health
362
-
2 103
-
total
13 108
-
63 980
-
Employer
48 503
-
161 522
-
pensions
8 415
-
28 023
-
health
373
-
1 244
-
unemployment
315
-
1 050
-
accident
49
-
161
-
total
9 152
-
30 478
-
Corporate
134 345
192 000
-
-
income
26 869
38 400
-
-
total
26 869
38 400
-
-
Dividends

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

80 607
115 200
-
-
national
7 041
14 393
-
-
municipal
14 508
20 737
-
-
total
21 549
35 130
-
-
Income
192 000
192 000
192 000
192 000
Total tax
70 678
73 530
94 458
72 465
After tax
121 322
118 470
97 542
119 535
Living cost
35 394
35 394
35 394
35 394
Free-cash
85 928
83 076
62 148
84 141

Estimated living cost  is ₽35394 per week

₽23119
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3405
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽563
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8308
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽113608
₽106795
₽118623
₽108405
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 000
social contributions
-
-
-
14 916
health
-
-
-
4 897
income
-
-
-
42 437
total
-
-
-
62 250
Employee
70 890
70 890
180 721
-
health
549
1 205
3 072
-
social contributions
2 680
5 884
7 936
-
income
7 719
6 562
41 573
-
total
10 948
13 651
52 581
-
Employer
70 890
70 890
180 721
-
health
597
1 312
3 343
-
social contributions
2 680
5 884
7 936
-
total
3 277
7 196
11 279
-
Corporate
156 430
113 914
-
-
income
19 554
14 239
-
-
total
19 554
14 239
-
-
Dividends
136 876
99 675
-
-
withholding
23 268
16 946
-
-
total
23 268
16 946
-
-
Income
192 000
192 000
192 000
192 000
Total tax
57 047
52 032
63 860
62 250
After tax
134 953
139 968
128 140
129 750
Living cost
21 345
21 345
21 345
21 345
Free-cash
113 608
118 623
106 795
108 405

Estimated living cost  is ₽21345 per week

₽12792
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2094
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5987
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽139667
₽129868
₽144359
₽148357
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 336
income
-
-
-
19 780
pensions
-
-
-
5 864
unemployment
-
-
-
26
total
-
-
-
29 006
Employee

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

21 161
-
182 990
-
unemployment
105
-
437
-
pensions
3 174
-
13 121
-
health
1 798
-
7 435
-
income
1 447
-
17 493
-
total
6 524
-
38 486
-
Employer

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

21 161
-
182 990
-
pensions
1 163
-
4 811
-
health
910
-
3 761
-
unemployment
105
-
437
-
total
2 178
-
9 009
-
Corporate
168 661
192 000
-
-
income
15 180
17 280
-
-
total
15 180
17 280
-
-
Dividends
153 481
174 720
-
-
withholding
13 814
15 724
-
-
total
13 814
15 724
-
-
Income
192 000
192 000
192 000
192 000
Total tax
37 696
33 004
47 495
29 006
After tax
154 304
158 996
144 505
162 994
Living cost
14 637
14 637
14 637
14 637
Free-cash
139 667
144 359
129 868
148 357

Estimated living cost  is ₽14637 per week

₽9339
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1055
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.
₽3807
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98202
₽78199
₽102273
₽82068
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
770
income
-
-
-
58 946
pensions
-
-
-
24 181
other
-
-
-
86
unemployment
-
-
-
598
total
-
-
-
84 581
Employee
34 088
-
164 759
-
unemployment
528
-
1 324
-
pensions
1 603
-
4 017
-
income
6 572
-
55 782
-
other
33
-
86
-
total
8 736
-
61 209
-
Employer
34 088
-
164 759
-
pensions
8 044
-
20 166
-
other
273
-
684
-
unemployment
1 875
-
4 699
-
accident
675
-
1 692
-
total
10 867
-
27 241
-
Corporate
147 044
192 000
-
-
income

The general rate of corporate tax is 25%. The lower rate of 15% is introduced for newly formed companies which applies during the first two years of operation in which taxable profit is made. We use the lower rate in our model.

22 056
28 800
-
-
total
22 056
28 800
-
-
Dividends
124 988
163 200
-
-
withholding
26 788
35 576
-
-
total
26 788
35 576
-
-
Income
192 000
192 000
192 000
192 000
Total tax
68 447
64 376
88 450
84 581
After tax
123 553
127 624
103 550
107 419
Living cost
25 351
25 351
25 351
25 351
Free-cash
98 202
102 273
78 199
82 068

Estimated living cost  is ₽25351 per week

₽17112
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2437
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽444
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5359
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽117721
₽121828
₽118015
₽121954
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
948
income
-
-
-
65 997
pensions
-
-
-
1 308
total
-
-
-
68 253
Employee
2 731
-
190 529
-
unemployment
27
-
65
-
pensions
246
-
588
-
health
137
-
327
-
income
528
-
65 928
-
total
938
-
66 908
-
Employer
2 731
-
190 529
-
pensions
300
-
719
-
health
259
-
621
-
unemployment
55
-
131
-
total
614
-
1 471
-
Corporate
188 655
192 000
-
-
income
41 504
42 240
-
-
total
41 504
42 240
-
-
Dividends
147 151
149 760
-
-
withholding
29 430
29 952
-
-
total
29 430
29 952
-
-
Income
192 000
192 000
192 000
192 000
Total tax
72 486
72 192
68 379
68 253
After tax
119 514
119 808
123 621
123 747
Living cost
1 793
1 793
1 793
1 793
Free-cash
117 721
118 015
121 828
121 954

Estimated living cost  is ₽1793 per week

₽1065
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽145
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽41
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽541
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽118257
₽106183
₽122789
₽106183
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
7 012
income
-
-
-
44 152
pensions
-
-
-
17 701
unemployment
-
-
-
1 021
total
-
-
-
69 886
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.

24 023
-
179 814
-
unemployment
180
-
511
-
pensions
3 363
-
9 531
-
health
1 237
-
3 506
-
income
3 311
-
44 152
-
total
8 091
-
57 700
-
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.

24 023
-
179 814
-
pensions
2 883
-
8 169
-
health
1 237
-
3 506
-
unemployment
180
-
511
-
total
4 300
-
12 186
-
Corporate
163 677
192 000
-
-
income
24 552
28 800
-
-
total
24 552
28 800
-
-
Dividends
139 125
163 200
-
-
withholding
20 869
24 480
-
-
total
20 869
24 480
-
-
Income
192 000
192 000
192 000
192 000
Total tax
57 812
53 280
69 886
69 886
After tax
134 188
138 720
122 114
122 114
Living cost
15 931
15 931
15 931
15 931
Free-cash
118 257
122 789
106 183
106 183

Estimated living cost  is ₽15931 per week

₽10726
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1232
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.
₽3511
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Belgrade model

Close
Porto , Portugal
₽84025
₽61514
₽84355
₽76070
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
192 000
social contributions

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

-
-
-
66 720
income
-
-
-
24 356
surtax
-
-
-
-
total
-
-
-
91 076
Employee
35 781
-
155 151
-
social contributions
3 936
-
17 066
-
income
6 991
-
51 718
-
surtax
-
-
-
-
total
10 927
-
68 784
-
Employer
35 781
-
155 151
-
social contributions
8 497
-
36 848
-
total
8 497
-
36 848
-
Corporate
147 722
192 000
-
-
income
31 022
40 320
-
-
surtax
-
-
-
-
total
31 022
40 320
-
-
Dividends
116 700
151 680
-
-
withholding
32 675
42 471
-
-
total
32 675
42 471
-
-
Income
192 000
192 000
192 000
192 000
Total tax
83 121
82 791
105 632
91 076
After tax
108 879
109 209
86 368
100 924
Living cost
24 854
24 854
24 854
24 854
Free-cash
84 025
84 355
61 514
76 070

Estimated living cost  is ₽24854 per week

₽17603
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽441
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5084
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89193
₽71150
₽95224
₽75019
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
770
income
-
-
-
58 946
pensions
-
-
-
24 181
other
-
-
-
86
unemployment
-
-
-
598
total
-
-
-
84 581
Employee
44 524
-
164 759
-
unemployment
689
-
1 324
-
pensions
2 092
-
4 017
-
income
9 299
-
55 782
-
other
44
-
86
-
total
12 124
-
61 209
-
Employer
44 524
-
164 759
-
pensions
10 507
-
20 166
-
other
357
-
684
-
unemployment
2 449
-
4 699
-
accident
882
-
1 692
-
total
14 195
-
27 241
-
Corporate
133 281
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.

19 991
28 800
-
-
total
19 991
28 800
-
-
Dividends
113 290
163 200
-
-
withholding
24 097
35 576
-
-
total
24 097
35 576
-
-
Income
192 000
192 000
192 000
192 000
Total tax
70 407
64 376
88 450
84 581
After tax
121 593
127 624
103 550
107 419
Living cost
32 400
32 400
32 400
32 400
Free-cash
89 193
95 224
71 150
75 019

Estimated living cost  is ₽32400 per week

₽23268
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2519
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.
₽6156
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽142680
₽146590
₽148299
₽138739
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 704
income
-
-
-
28 800
pensions

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

-
-
-
4 767
unemployment
-
-
-
129
total
-
-
-
37 400
Employee
21 002
-
185 681
-
accident

We are using the highest rate at 1.1%.

231
-
354
-
pensions

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

1 844
-
2 828
-
health
966
-
1 481
-
income
2 101
-
18 568
-
total
5 142
-
23 231
-
Employer
21 002
-
185 681
-
pensions

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

2 314
-
3 549
-
health
1 449
-
2 222
-
unemployment
126
-
193
-
accident

We are using the highest rate at 1.1%.

231
-
354
-
total
4 120
-
6 318
-
Corporate
166 877
192 000
-
-
income
16 688
19 200
-
-
total
16 688
19 200
-
-
Dividends
150 189
172 800
-
-
withholding
7 509
8 640
-
-
total
7 509
8 640
-
-
Income
192 000
192 000
192 000
192 000
Total tax
33 459
27 840
29 549
37 400
After tax
158 541
164 160
162 451
154 600
Living cost
15 861
15 861
15 861
15 861
Free-cash
142 680
148 299
146 590
138 739

Estimated living cost  is ₽15861 per week

₽10490
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽908
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽378
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4085
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75235
₽84032
₽63172
₽62631
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 298
trade
-
-
-
21 401
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.

-
-
-
62 633
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.

-
-
-
3 445
total
-
-
-
93 777
Employee

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

45 870
-
192 000
-
health

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

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

6 298
-
6 298
-
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.

3 772
-
62 633
-
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.

208
-
3 445
-
total
10 278
-
72 376
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
146 130
192 000
-
-
income
21 919
28 800
-
-
chamber of commerce
353
422
-
-
surtax

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

1 205
1 583
-
-
trade
20 969
27 553
-
-
total
44 446
58 358
-
-
Dividends
101 682
133 642
-
-
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.

1 379
1 818
-
-
withholding
25 070
33 060
-
-
total
26 449
34 878
-
-
Income
192 000
192 000
192 000
192 000
Total tax
81 173
93 236
72 376
93 777
After tax
110 827
98 764
119 624
98 223
Living cost
35 592
35 592
35 592
35 592
Free-cash
75 235
63 172
84 032
62 631

Estimated living cost  is ₽35592 per week

₽24552
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3830
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽516
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6694
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83919
₽45202
₽81884
₽45202
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
32 719
income
-
-
-
61 563
total
-
-
-
94 282
Employee
72 113
-
192 000
-
social contributions
5 991
-
32 719
-
income
13 608
-
61 563
-
total
19 599
-
94 282
-
Employer
72 113
-
192 000
-
total
-
-
-
-
Corporate
119 887
192 000
-
-
income
14 986
23 999
-
-
total
14 986
23 999
-
-
Dividends
104 900
168 001
-
-
withholding
20 980
33 601
-
-
total
20 980
33 601
-
-
Income
192 000
192 000
192 000
192 000
Total tax
55 565
57 600
94 282
94 282
After tax
136 435
134 400
97 718
97 718
Living cost
52 516
52 516
52 516
52 516
Free-cash
83 919
81 884
45 202
45 202

Estimated living cost  is ₽52516 per week

₽39953
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4279
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽502
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7782
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89686
₽101244
₽86464
₽124019
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

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

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

-
-
-
5 716
total
-
-
-
34 516
Employee
42 292
-
187 759
-
social contributions
4 237
-
4 241
-
income
4 589
-
48 809
-
total
8 826
-
53 050
-
Employer
42 292
-
187 759
-
social contributions
4 237
-
4 241
-
total
4 237
-
4 241
-
Corporate
145 471
192 000
-
-
income
50 915
67 200
-
-
total
50 915
67 200
-
-
Dividends
94 556
124 800
-
-
social contributions
4 871
4 871
-
-
total
4 871
4 871
-
-
Income
192 000
192 000
192 000
192 000
Total tax
68 849
72 071
57 291
34 516
After tax
123 151
119 929
134 709
157 484
Living cost
33 465
33 465
33 465
33 465
Free-cash
89 686
86 464
101 244
124 019

Estimated living cost  is ₽33465 per week

₽22044
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2638
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8270
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93943
₽74126
₽88600
₽91320
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 000
income
-
-
-
58 385
pensions
-
-
-
8 780
total
-
-
-
67 165
Employee
46 004
-
167 417
-
pensions
3 511
-
10 556
-
health
600
-
2 299
-
income
8 378
-
46 922
-
total
12 489
-
59 777
-
Employer
46 004
-
167 417
-
pensions
4 648
-
21 401
-
health
874
-
3 181
-
total
5 522
-
24 582
-
Corporate
140 474
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.

26 691
36 479
-
-
total
26 691
36 479
-
-
Dividends
113 783
155 521
-
-
withholding
19 840
33 406
-
-
total
19 840
33 406
-
-
Income
192 000
192 000
192 000
192 000
Total tax
64 542
69 885
84 359
67 165
After tax
127 458
122 115
107 641
124 835
Living cost
33 515
33 515
33 515
33 515
Free-cash
93 943
88 600
74 126
91 320

Estimated living cost  is ₽33515 per week

₽22991
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3082
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽419
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7020
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽12128
₽82912
-₽6772
₽108831
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
237
health
-
-
-
2 044
income
-
-
-
54 318
pensions
-
-
-
3 899
other
-
-
-
347
total
-
-
-
60 845
Employee
35 116
-
174 486
-
pensions
3 954
-
7 150
-
health
4 021
-
19 979
-
income
4 818
-
42 121
-
total
12 793
-
69 250
-
Employer
35 116
-
174 486
-
pensions
5 710
-
10 325
-
unemployment
860
-
4 275
-
accident
586
-
2 914
-
total
7 156
-
17 514
-
Corporate
149 727
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.

134 754
172 800
-
-
total
134 754
172 800
-
-
Dividends
14 973
19 200
-
-
withholding
2 845
3 648
-
-
total
2 845
3 648
-
-
Income
192 000
192 000
192 000
192 000
Total tax
157 548
176 448
86 764
60 845
After tax
34 452
15 552
105 236
131 155
Living cost
22 324
22 324
22 324
22 324
Free-cash
12 128
-6 772
82 912
108 831

Estimated living cost  is ₽22324 per week

₽16383
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1301
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4190
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽131629
₽127151
₽134419
₽106866
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
32 102
health insurance
-
-
-
10 917
pensions
-
-
-
27 146
unemployment
-
-
-
1 770
work injury
-
-
-
738
total
-
-
-
72 673
Employee

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

19 937
-
192 000
-
unemployment
239
-
885
-
pensions
3 668
-
13 573
-
work injury
100
-
369
-
income
1 994
-
32 102
-
health insurance
1 475
-
5 459
-
total
7 476
-
52 388
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
172 063
192 000
-
-
income

Macedonia has a simplified tax regime. Before 3,000,000 MKD per annum you will be taxed at 0%, and before 6,000,000 MKD it is 1%.

17 206
19 200
-
-
total
17 206
19 200
-
-
Dividends
154 856
172 800
-
-
withholding
23 228
25 920
-
-
total
23 228
25 920
-
-
Income
192 000
192 000
192 000
192 000
Total tax
47 910
45 120
52 388
72 673
After tax
144 090
146 880
139 612
119 327
Living cost
12 461
12 461
12 461
12 461
Free-cash
131 629
134 419
127 151
106 866

Estimated living cost  is ₽12461 per week

₽7720
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽905
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.
₽3447
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60213
₽44926
₽64405
₽52501
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
46 141
municipal
-
-
-
1 312
regional
-
-
-
4 550
national
-
-
-
50 770
total
-
-
-
102 773
Employee
77 685
-
192 000
-
regional
1 173
-
4 072
-
municipal
464
-
1 184
-
national
13 128
-
44 600
-
social contributions
26 195
-
60 492
-
total
40 960
-
110 348
-
Employer
77 685
-
192 000
-
total
-
-
-
-
Corporate
114 315
192 000
-
-
municipal
5 509
9 255
-
-
nationa
27 435
46 080
-
-
total
32 944
55 335
-
-
Dividends
81 370
136 665
-
-
withholding
21 157
35 534
-
-
total
21 157
35 534
-
-
Income
192 000
192 000
192 000
192 000
Total tax
95 061
90 869
110 348
102 773
After tax
96 939
101 131
81 652
89 227
Living cost
36 726
36 726
36 726
36 726
Free-cash
60 213
64 405
44 926
52 501

Estimated living cost  is ₽36726 per week

₽25798
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2526
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.
₽7846
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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