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
₽66387
₽77498
₽67450
₽90336
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
192 000
trade
-
-
-
22 886
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.

-
-
-
61 020
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.

-
-
-
6 862
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.

-
-
-
3 357
total
-
-
-
94 125
Employee

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

38 419
-
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.

6 862
-
6 862
-
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.

59
-
3 357
-
income

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

1 073
-
61 020
-
total
7 994
-
71 239
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
153 581
192 000
-
-
surtax

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

1 268
1 584
-
-
income
23 038
28 800
-
-
trade
24 189
30 240
-
-
chamber of commerce
374
429
-
-
total
48 869
61 053
-
-
Dividends
104 712
130 947
-
-
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.

1 418
1 780
-
-
withholding
25 796
32 355
-
-
total
27 214
34 135
-
-
Income
192 000
192 000
192 000
192 000
Total tax
84 077
95 188
71 239
94 125
After tax
107 923
96 812
120 761
97 875
Living cost
30 425
30 425
30 425
30 425
Free-cash
77 498
66 387
90 336
67 450

Estimated living cost  is ₽30425 per week

₽19138
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3547
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽568
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7171
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69129
₽68285
₽61081
₽62112
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 000
municipal
-
-
-
21 146
pensions
-
-
-
23 040
national
-
-
-
33 990
social contributions
-
-
-
2 064
total
-
-
-
80 240
Employee
78 562
-
165 982
-
municipal
9 704
-
21 889
-
pensions
3 142
-
6 639
-
national
15 037
-
35 618
-
total
27 883
-
64 146
-
Employer
78 562
-
165 982
-
social contributions
845
-
1 784
-
pensions
6 285
-
13 279
-
total
7 130
-
15 063
-
Corporate
101 123
192 000
-
-
income

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

20 225
38 400
-
-
total
20 225
38 400
-
-
Dividends
80 899
153 600
-
-
withholding
17 798
33 792
-
-
total
17 798
33 792
-
-
Income
192 000
192 000
192 000
192 000
Total tax
73 036
72 192
79 209
80 240
After tax
118 964
119 808
112 791
111 760
Living cost
50 679
50 679
50 679
50 679
Free-cash
68 285
69 129
62 112
61 081

Estimated living cost  is ₽50679 per week

₽34446
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4711
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽759
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10764
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽132703
₽124463
₽46653
₽60795
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
microenterprise
-
-
-
-
income
-
-
-
37 004
surtax
-
-
-
48 960
social contributions

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

-
-
-
38 486
total
-
-
-
124 450
Employee
29 351
-
146 991
-
social contributions

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

3 229
-
13 168
-
surtax
-
-
21 313
-
income
5 225
-
30 821
-
total
8 454
-
65 302
-
Employer
29 351
-
146 991
-
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.

7 070
-
28 838
-
surtax
-
-
16 168
-
total
7 070
-
45 006
-
Corporate
155 579
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%.

31 116
38 400
-
-
total
31 116
38 400
-
-
Dividends

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

124 463
153 600
-
-
total
-
-
-
-
Income
192 000
192 000
192 000
192 000
Total tax
46 640
38 400
110 308
124 450
After tax
145 360
153 600
81 692
67 550
Living cost
20 897
20 897
20 897
20 897
Free-cash
124 463
132 703
60 795
46 653

Estimated living cost  is ₽20897 per week

₽13332
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1990
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5101
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53204
₽47049
₽62873
₽79513
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 000
income
-
-
-
62 893
pensions
-
-
-
11 769
health
-
-
-
12 386
total
-
-
-
87 048
Employee
85 778
85 778
173 333
-
health
13 166
11 199
12 386
-
income

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

14 040
14 040
27 586
-
pensions
15 440
11 769
11 769
-
total
42 646
37 008
51 741
-
Employer
85 778
85 778
173 333
-
unemployment
3 088
3 088
3 837
-
pensions
5 970
5 970
7 421
-
health
5 963
5 963
7 409
-
total
15 021
15 021
18 667
-
Corporate
92 254
91 202
-
-
income
18 450
18 240
-
-
total
18 450
18 240
-
-
Dividends
73 804
72 961
-
-
income
15 684
15 505
-
-
withholding
11 071
10 943
-
-
total
26 755
26 448
-
-
Income
192 000
192 000
192 000
192 000
Total tax
102 872
96 717
70 408
87 048
After tax
89 128
95 283
121 592
104 952
Living cost
42 079
42 079
42 079
42 079
Free-cash
47 049
53 204
79 513
62 873

Estimated living cost  is ₽42079 per week

₽29820
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3793
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽669
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7796
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65870
₽64997
₽58395
₽57449
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 000
municipal
-
-
-
49 878
accident
-
-
-
171
pensions
-
-
-
9 231
other
-
-
-
9 923
unemployment
-
-
-
85
health
-
-
-
5 328
national
-
-
-
20 027
total
-
-
-
94 643
Employee
55 518
-
165 170
-
municipal
16 555
-
49 254
-
national
-
-
19 504
-
total
16 555
-
68 758
-
Employer
55 518
-
165 170
-
accident
111
-
171
-
other
6 451
-
9 923
-
unemployment
1 466
-
2 254
-
pensions
6 001
-
9 231
-
health
3 414
-
5 252
-
total
17 443
-
26 831
-
Corporate
119 039
192 000
-
-
income
26 188
42 240
-
-
total
26 188
42 240
-
-
Dividends
92 850
149 760
-
-
withholding
27 855
44 928
-
-
total
27 855
44 928
-
-
Income
192 000
192 000
192 000
192 000
Total tax
88 041
87 168
95 589
94 643
After tax
103 959
104 832
96 411
97 357
Living cost
38 962
38 962
38 962
38 962
Free-cash
64 997
65 870
57 449
58 395

Estimated living cost  is ₽38962 per week

₽25823
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3823
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8725
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56367
₽70479
₽57400
₽81301
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
192 000
trade
-
-
-
23 901
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.

-
-
-
61 020
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.

-
-
-
6 862
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.

-
-
-
3 357
total
-
-
-
95 140
Employee

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

50 939
-
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.

6 862
-
6 862
-
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.

240
-
3 357
-
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.

4 377
-
61 020
-
total
11 479
-
71 239
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
141 061
192 000
-
-
surtax

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

1 163
1 584
-
-
income
21 159
28 800
-
-
trade
23 204
31 583
-
-
chamber of commerce
353
425
-
-
total
45 879
62 392
-
-
Dividends
95 183
129 607
-
-
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.

1 289
1 761
-
-
withholding
23 414
32 020
-
-
total
24 703
33 781
-
-
Income
192 000
192 000
192 000
192 000
Total tax
82 061
96 173
71 239
95 140
After tax
109 939
95 827
120 761
96 860
Living cost
39 460
39 460
39 460
39 460
Free-cash
70 479
56 367
81 301
57 400

Estimated living cost  is ₽39460 per week

₽26391
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4161
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽589
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8319
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽107438
₽103270
₽97898
₽96251
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
40 375
health
-
-
-
4 895
social contributions
-
-
-
16 252
total
-
-
-
61 522
Employee
77 239
77 239
180 024
-
social contributions
3 753
6 410
8 646
-
health
768
1 313
3 061
-
income
8 111
7 150
39 486
-
total
12 632
14 873
51 193
-
Employer
77 239
77 239
180 024
-
social contributions
3 753
6 410
8 646
-
health
837
1 430
3 330
-
total
4 590
7 840
11 976
-
Corporate
142 198
106 921
-
-
income
17 775
13 364
-
-
total
17 775
13 364
-
-
Dividends
124 423
93 557
-
-
withholding
21 153
15 905
-
-
total
21 153
15 905
-
-
Income
192 000
192 000
192 000
192 000
Total tax
56 150
51 982
63 169
61 522
After tax
135 850
140 018
128 831
130 478
Living cost
32 580
32 580
32 580
32 580
Free-cash
103 270
107 438
96 251
97 898

Estimated living cost  is ₽32580 per week

₽22272
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2545
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7217
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89597
₽89975
₽114781
₽93076
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

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

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

The minimum wage is 138,000 HUF per month.

26 310
10 471
160 669
-
health
1 842
733
11 247
-
income
3 216
1 280
19 642
-
pensions
2 631
1 047
16 067
-
unemployment
395
157
2 410
-
total
8 084
3 217
49 366
-
Employer

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

The minimum wage is 138,000 HUF per month.

26 310
10 471
160 669
-
pensions
5 131
2 042
31 331
-
total
5 131
2 042
31 331
-
Corporate
160 559
179 487
-
-
income
14 450
16 154
-
-
total
14 450
16 154
-
-
Dividends
146 109
163 333
-
-
social contributions
28 372
31 730
-
-
withholding
27 761
31 033
-
-
total
56 133
62 763
-
-
Income
192 000
192 000
192 000
192 000
Total tax
83 798
84 176
80 697
58 992
After tax
108 202
107 824
111 303
133 008
Living cost
18 227
18 227
18 227
18 227
Free-cash
89 975
89 597
93 076
114 781

Estimated living cost  is ₽18227 per week

₽12438
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1491
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽364
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3933
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽129338
₽123097
₽78651
₽86405
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 000
income
-
-
-
25 728
pensions
-
-
-
38 400
health
-
-
-
24 959
total
-
-
-
89 087
Employee
28 495
-
143 497
-
income
3 208
-
27 666
-
pensions
570
-
2 871
-
unemployment
456
-
2 295
-
total
4 234
-
32 832
-
Employer
28 495
-
143 497
-
unemployment
229
-
1 148
-
pensions
5 699
-
28 699
-
health
3 704
-
18 654
-
total
9 632
-
48 501
-
Corporate
153 873
192 000
-
-
income
30 775
38 400
-
-
total
30 775
38 400
-
-
Dividends
123 098
153 600
-
-
total
-
-
-
-
Income
192 000
192 000
192 000
192 000
Total tax
44 641
38 400
81 333
89 087
After tax
147 359
153 600
110 667
102 913
Living cost
24 262
24 262
24 262
24 262
Free-cash
123 097
129 338
86 405
78 651

Estimated living cost  is ₽24262 per week

₽16641
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1445
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5688
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6492
₽12170
₽109152
₽82791
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
253
income
-
-
-
53 826
pensions
-
-
-
4 169
other
-
-
-
371
health
-
-
-
2 185
total
-
-
-
60 804
Employee
34 676
-
173 800
-
health
3 970
-
19 901
-
income
4 757
-
41 420
-
pensions
3 905
-
7 645
-
total
12 632
-
68 966
-
Employer
34 676
-
173 800
-
accident
579
-
2 902
-
unemployment
850
-
4 258
-
pensions
5 639
-
11 039
-
total
7 068
-
18 199
-
Corporate
150 257
192 000
-
-
income

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

135 231
172 800
-
-
total
135 231
172 800
-
-
Dividends
15 026
19 200
-
-
withholding
2 855
3 648
-
-
total
2 855
3 648
-
-
Income
192 000
192 000
192 000
192 000
Total tax
157 786
176 448
87 165
60 804
After tax
34 214
15 552
104 835
131 196
Living cost
22 044
22 044
22 044
22 044
Free-cash
12 170
-6 492
82 791
109 152

Estimated living cost  is ₽22044 per week

₽16156
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1221
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4207
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽173300
₽171594
₽180980
₽144500
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
11 374
-
192 000
-
income
2 275
-
38 400
-
total
2 275
-
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%.

180 626
192 000
-
-
total
-
-
-
-
Dividends
180 626
192 000
-
-
withholding
9 031
9 600
-
-
total
9 031
9 600
-
-
Income
192 000
192 000
192 000
192 000
Total tax
11 306
9 600
38 400
1 920
After tax
180 694
182 400
153 600
190 080
Living cost
9 100
9 100
9 100
9 100
Free-cash
171 594
173 300
144 500
180 980

Estimated living cost  is ₽9100 per week

₽5639
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽756
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽250
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2454
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽114299
₽107514
₽83507
₽81842
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
31 092
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.

-
-
-
36 660
other
-
-
-
7 255
health
-
-
-
6 721
total
-
-
-
81 728
Employee
36 471
-
153 503
-
health
511
-
2 139
-
income
6 279
-
30 537
-
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.

2 552
-
10 692
-
unemployment
364
-
1 527
-
total
9 706
-
44 895
-
Employer
36 471
-
153 503
-
accident
292
-
1 228
-
other
1 824
-
7 636
-
unemployment
364
-
1 527
-
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.

6 201
-
25 968
-
health
511
-
2 139
-
total
9 192
-
38 498
-
Corporate
146 337
192 000
-
-
income
30 731
40 319
-
-
total
30 731
40 319
-
-
Dividends
115 606
151 681
-
-
withholding
8 092
10 617
-
-
total
8 092
10 617
-
-
Income
192 000
192 000
192 000
192 000
Total tax
57 721
50 936
83 393
81 728
After tax
134 279
141 064
108 607
110 272
Living cost
26 765
26 765
26 765
26 765
Free-cash
107 514
114 299
81 842
83 507

Estimated living cost  is ₽26765 per week

₽18911
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1807
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.
₽5616
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56939
₽62984
₽59078
₽41786
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
56 498
pensions
-
-
-
9 331
total
-
-
-
65 829
Employee
94 927
-
167 582
-
health
1 564
-
2 371
-
income
17 112
-
44 967
-
pensions
9 158
-
11 365
-
total
27 834
-
58 703
-
Employer
94 927
-
167 582
-
pensions
11 208
-
21 234
-
health
1 803
-
3 184
-
total
13 011
-
24 418
-
Corporate
84 062
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.

15 972
36 479
-
-
total
15 972
36 479
-
-
Dividends
68 091
155 521
-
-
withholding
5 106
31 489
-
-
total
5 106
31 489
-
-
Income
192 000
192 000
192 000
192 000
Total tax
61 923
67 968
83 121
65 829
After tax
130 077
124 032
108 879
126 171
Living cost
67 093
67 093
67 093
67 093
Free-cash
62 984
56 939
41 786
59 078

Estimated living cost  is ₽67093 per week

₽50274
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7883
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽546
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8391
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽150992
₽146328
₽140666
₽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
-
-
-
192 000
income
-
-
-
28 800
pensions

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

-
-
-
5 192
unemployment
-
-
-
140
health
-
-
-
4 034
total
-
-
-
38 166
Employee
17 436
-
185 117
-
health
802
-
1 614
-
accident

We are using the highest rate at 1.1%.

192
-
386
-
income
1 743
-
18 512
-
pensions

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

1 531
-
3 080
-
total
4 268
-
23 592
-
Employer
17 436
-
185 117
-
accident

We are using the highest rate at 1.1%.

192
-
386
-
unemployment
104
-
210
-
pensions

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

1 922
-
3 866
-
health
1 203
-
2 421
-
total
3 421
-
6 883
-
Corporate
171 143
192 000
-
-
income
17 114
19 200
-
-
total
17 114
19 200
-
-
Dividends
154 029
172 800
-
-
withholding
7 701
8 640
-
-
total
7 701
8 640
-
-
Income
192 000
192 000
192 000
192 000
Total tax
32 504
27 840
30 475
38 166
After tax
159 496
164 160
161 525
153 834
Living cost
13 168
13 168
13 168
13 168
Free-cash
146 328
150 992
148 357
140 666

Estimated living cost  is ₽13168 per week

₽7687
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽940
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽349
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4191
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39584
₽42111
₽49253
₽65893
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 000
income
-
-
-
62 893
pensions
-
-
-
11 769
health
-
-
-
12 386
total
-
-
-
87 048
Employee
93 127
85 778
173 333
-
health
11 618
11 199
12 386
-
income

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

14 040
14 040
27 586
-
pensions
11 769
11 769
11 769
-
total
37 427
37 008
51 741
-
Employer
93 127
85 778
173 333
-
unemployment
3 353
3 088
3 837
-
pensions
6 481
5 970
7 421
-
health
6 471
5 963
7 409
-
total
16 305
15 021
18 667
-
Corporate
82 567
91 202
-
-
income
16 513
18 240
-
-
total
16 513
18 240
-
-
Dividends
66 054
72 961
-
-
income
14 037
15 505
-
-
withholding
9 908
10 943
-
-
total
23 945
26 448
-
-
Income
192 000
192 000
192 000
192 000
Total tax
94 190
96 717
70 408
87 048
After tax
97 810
95 283
121 592
104 952
Living cost
55 699
55 699
55 699
55 699
Free-cash
42 111
39 584
65 893
49 253

Estimated living cost  is ₽55699 per week

₽41088
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4975
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽639
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8999
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽108172
₽99602
₽86850
₽78793
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
19 727
health
-
-
-
25 920
solidarity contribution
-
-
-
920
social contributions
-
-
-
34 563
total
-
-
-
81 130
Employee
35 323
-
148 998
-
social contributions
2 296
-
7 694
-
health
4 769
-
20 115
-
solidarity contribution
-
-
198
-
income
4 239
-
18 178
-
total
11 304
-
46 185
-
Employer
35 323
-
148 998
-
social contributions
8 831
-
29 592
-
health
3 179
-
13 410
-
total
12 010
-
43 002
-
Corporate
144 667
192 000
-
-
income
27 487
36 480
-
-
total
27 487
36 480
-
-
Dividends
117 180
155 520
-
-
withholding
17 577
23 328
-
-
total
17 577
23 328
-
-
Income
192 000
192 000
192 000
192 000
Total tax
68 378
59 808
89 187
81 130
After tax
123 622
132 192
102 813
110 870
Living cost
24 020
24 020
24 020
24 020
Free-cash
99 602
108 172
78 793
86 850

Estimated living cost  is ₽24020 per week

₽16684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1709
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.
₽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 Brno model

Close
Milan , Italy
₽60056
₽54810
₽48494
₽39823
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 000
municipal
-
-
-
1 142
regional
-
-
-
2 282
national
-
-
-
48 314
social contributions
-
-
-
49 383
total
-
-
-
101 121
Employee
89 271
-
192 000
-
social contributions
30 102
-
64 743
-
regional
842
-
2 015
-
municipal
473
-
1 018
-
national
15 469
-
42 016
-
total
46 886
-
109 792
-
Employer
89 271
-
192 000
-
total
-
-
-
-
Corporate
102 729
192 000
-
-
nationa
24 654
46 080
-
-
municipal
4 007
7 487
-
-
total
28 661
53 567
-
-
Dividends
74 068
138 433
-
-
withholding
19 258
35 992
-
-
total
19 258
35 992
-
-
Income
192 000
192 000
192 000
192 000
Total tax
94 805
89 559
109 792
101 121
After tax
97 195
102 441
82 208
90 879
Living cost
42 385
42 385
42 385
42 385
Free-cash
54 810
60 056
39 823
48 494

Estimated living cost  is ₽42385 per week

₽29546
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2779
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽650
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9409
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98603
₽95477
₽68493
₽62351
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
55 843
pensions
-
-
-
26 812
other
-
-
-
-
unemployment
-
-
-
229
health
-
-
-
9 518
surtax
-
-
-
8 940
total
-
-
-
101 342
Employee
33 217
-
163 781
-
other
-
-
-
-
health
848
-
3 418
-
surtax
109
-
7 739
-
income
5 568
-
49 835
-
pensions
2 215
-
8 942
-
unemployment
2 312
-
9 331
-
total
11 052
-
79 265
-
Employer
33 217
-
163 781
-
other
-
-
-
-
unemployment
1 052
-
4 249
-
pensions
4 428
-
17 870
-
health
1 512
-
6 100
-
total
6 992
-
28 219
-
Corporate
151 791
192 000
-
-
income
39 465
49 921
-
-
total
39 465
49 921
-
-
Dividends
112 325
142 079
-
-
withholding
16 849
21 311
-
-
total
16 849
21 311
-
-
Income
192 000
192 000
192 000
192 000
Total tax
74 358
71 232
107 484
101 342
After tax
117 642
120 768
84 516
90 658
Living cost
22 165
22 165
22 165
22 165
Free-cash
95 477
98 603
62 351
68 493

Estimated living cost  is ₽22165 per week

₽13553
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2045
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6056
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78196
₽84822
₽80335
₽63043
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
56 498
pensions
-
-
-
9 331
total
-
-
-
65 829
Employee
63 617
-
167 582
-
health
924
-
2 371
-
income
11 458
-
44 967
-
pensions
5 400
-
11 365
-
total
17 782
-
58 703
-
Employer
63 617
-
167 582
-
pensions
6 887
-
21 234
-
health
1 209
-
3 184
-
total
8 096
-
24 418
-
Corporate
120 287
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.

22 854
36 479
-
-
total
22 854
36 479
-
-
Dividends
97 434
155 521
-
-
withholding
12 610
31 489
-
-
total
12 610
31 489
-
-
Income
192 000
192 000
192 000
192 000
Total tax
61 342
67 968
83 121
65 829
After tax
130 658
124 032
108 879
126 171
Living cost
45 836
45 836
45 836
45 836
Free-cash
84 822
78 196
63 043
80 335

Estimated living cost  is ₽45836 per week

₽34340
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3436
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.
₽7580
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽11404
₽44089
₽77731
₽69413
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
city
-
-
-
2 023
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.

-
-
-
3 840
regional
-
-
-
10 001
health
-
-
-
432
national
-
-
-
3 914
total
-
-
-
37 875
Employee
89 401
-
172 038
-
city
959
-
1 850
-
regional
2 927
-
8 692
-
health
202
-
387
-
pensions
7 511
-
14 241
-
unemployment
-
-
-
-
national
423
-
2 954
-
total
12 022
-
28 124
-
Employer
89 401
-
172 038
-
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.

1 787
-
3 441
-
unemployment
-
-
-
-
pensions
7 511
-
14 241
-
health
202
-
387
-
total
9 500
-
18 069
-
Corporate
92 116
192 000
-
-
regional
19 482
40 607
-
-
national
7 831
16 321
-
-
total
27 313
56 928
-
-
Dividends
64 804
135 072
-
-
withholding
22 682
47 274
-
-
total
22 682
47 274
-
-
Income
192 000
192 000
192 000
192 000
Total tax
71 517
104 202
46 193
37 875
After tax
120 483
87 798
145 807
154 125
Living cost
76 394
76 394
76 394
76 394
Free-cash
44 089
11 404
69 413
77 731

Estimated living cost  is ₽76394 per week

₽49678
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6856
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽938
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18922
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽48825
₽65111
₽49827
₽74746
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
192 000
trade
-
-
-
24 919
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.

-
-
-
61 020
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.

-
-
-
6 862
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.

-
-
-
3 357
total
-
-
-
96 158
Employee

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

60 367
-
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.

6 862
-
6 862
-
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.

391
-
3 357
-
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.

7 099
-
61 020
-
total
14 352
-
71 239
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
131 633
192 000
-
-
surtax

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

1 087
1 584
-
-
income
19 744
28 800
-
-
trade
22 575
32 927
-
-
chamber of commerce
337
423
-
-
total
43 743
63 734
-
-
Dividends
87 890
128 265
-
-
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.

1 188
1 742
-
-
withholding
21 591
31 684
-
-
total
22 779
33 426
-
-
Income
192 000
192 000
192 000
192 000
Total tax
80 874
97 160
71 239
96 158
After tax
111 126
94 840
120 761
95 842
Living cost
46 015
46 015
46 015
46 015
Free-cash
65 111
48 825
74 746
49 827

Estimated living cost  is ₽46015 per week

₽33608
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3681
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽599
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8130
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62401
₽68336
₽73587
₽69433
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
31 236
pensions
-
-
-
32 800
other
-
-
-
5 951
health
-
-
-
8 589
surtax
-
-
-
-
social contributions
-
-
-
5 471
total
-
-
-
84 047
Employee
42 990
-
147 935
-
social contributions
1 226
-
4 215
-
surtax
-
-
-
-
income
2 537
-
29 362
-
pensions
4 861
-
10 560
-
total
8 624
-
44 137
-
Employer
42 990
-
147 935
-
other
1 483
-
5 887
-
social contributions
130
-
444
-
unemployment
1 740
-
5 991
-
pensions
7 062
-
17 730
-
health
3 010
-
14 012
-
total
13 425
-
44 064
-
Corporate
135 585
192 000
-
-
surtax
-
-
-
-
income
37 963
53 760
-
-
total
37 963
53 760
-
-
Dividends
97 622
138 240
-
-
surtax
-
-
-
-
social contributions
16 791
23 778
-
-
withholding
12 495
17 695
-
-
total
29 286
41 473
-
-
Income
192 000
192 000
192 000
192 000
Total tax
89 298
95 233
88 201
84 047
After tax
102 702
96 767
103 799
107 953
Living cost
34 366
34 366
34 366
34 366
Free-cash
68 336
62 401
69 433
73 587

Estimated living cost  is ₽34366 per week

₽21669
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2794
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽585
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9319
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65806
₽71385
₽76992
₽72838
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
31 236
pensions
-
-
-
32 800
other
-
-
-
5 951
health
-
-
-
8 589
surtax
-
-
-
-
social contributions
-
-
-
5 471
total
-
-
-
84 047
Employee
38 374
-
147 935
-
social contributions
1 094
-
4 215
-
surtax
-
-
-
-
income
1 979
-
29 362
-
pensions
4 340
-
10 560
-
total
7 413
-
44 137
-
Employer
38 374
-
147 935
-
other
1 325
-
5 887
-
social contributions
114
-
444
-
unemployment
1 554
-
5 991
-
pensions
6 306
-
17 730
-
health
2 686
-
14 012
-
total
11 985
-
44 064
-
Corporate
141 641
192 000
-
-
surtax
-
-
-
-
income
39 660
53 760
-
-
total
39 660
53 760
-
-
Dividends
101 982
138 240
-
-
surtax
-
-
-
-
social contributions
17 543
23 778
-
-
withholding
13 053
17 695
-
-
total
30 596
41 473
-
-
Income
192 000
192 000
192 000
192 000
Total tax
89 654
95 233
88 201
84 047
After tax
102 346
96 767
103 799
107 953
Living cost
30 961
30 961
30 961
30 961
Free-cash
71 385
65 806
72 838
76 992

Estimated living cost  is ₽30961 per week

₽17956
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3145
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽587
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9274
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95840
₽96359
₽102002
₽97600
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 000
income
-
-
-
28 800
health
-
-
-
13 402
social contributions
-
-
-
26 496
total
-
-
-
68 698
Employee
34 058
-
192 000
-
social contributions
4 701
-
26 496
-
health
2 377
-
13 402
-
income
5 680
-
33 202
-
total
12 758
-
73 100
-
Employer
34 058
-
192 000
-
total
-
-
-
-
Corporate
157 942
192 000
-
-
income

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

7 897
9 599
-
-
total
7 897
9 599
-
-
Dividends
150 045
182 401
-
-
health
10 473
12 731
-
-
social contributions
20 707
25 171
-
-
withholding
22 506
27 359
-
-
total
53 686
65 261
-
-
Income
192 000
192 000
192 000
192 000
Total tax
74 341
74 860
73 100
68 698
After tax
117 659
117 140
118 900
123 302
Living cost
21 300
21 300
21 300
21 300
Free-cash
96 359
95 840
97 600
102 002

Estimated living cost  is ₽21300 per week

₽14254
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1313
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.
₽5240
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70697
₽69141
₽63191
₽15298
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 000
chamber of commerce
-
-
-
768
income
-
-
-
55 603
pensions
-
-
-
21 709
unemployment
-
-
-
6 161
health
-
-
-
8 976
surtax
-
-
-
198
total
-
-
-
93 415
Employee
50 199
40 030
155 260
-
other
501
400
1 174
-
health
1 942
1 550
4 541
-
income
5 715
2 953
45 453
-
pensions
5 141
4 098
12 017
-
unemployment
1 506
1 201
3 521
-
total
14 805
10 202
66 706
-
Employer
50 199
40 030
155 260
-
accident
652
520
1 525
-
other
2 385
1 900
7 053
-
chamber of commerce
200
160
621
-
unemployment
1 506
1 201
3 521
-
surtax
198
198
198
-
pensions
6 300
5 025
14 727
-
payroll
1 506
1 201
4 659
-
health
1 897
1 514
4 436
-
total
14 644
11 719
36 740
-
Corporate
127 158
140 251
151 448
-
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.

31 789
35 062
37 862
-
total
31 789
35 062
37 862
-
Dividends
95 369
105 189
-
-
withholding
26 227
28 926
-
-
total
26 227
28 926
-
-
Income
192 000
192 000
192 000
192 000
Total tax
87 465
85 909
141 308
93 415
After tax
104 535
106 091
50 692
98 585
Living cost
35 394
35 394
35 394
35 394
Free-cash
69 141
70 697
15 298
63 191

Estimated living cost  is ₽35394 per week

₽23606
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3019
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽581
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8187
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70637
₽55658
₽46713
₽30135
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 000
national
-
-
-
73 603
communal

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

-
-
-
10 017
social contributions
-
-
-
25 043
total
-
-
-
108 663
Employee

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

71 850
-
148 709
-
communal

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

3 748
-
7 756
-
health

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

3 376
-
6 990
-
pensions

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

5 389
-
11 153
-
unemployment

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

625
-
1 294
-
national
22 090
-
54 761
-
total
35 228
-
81 954
-
Employer

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

71 850
-
148 709
-
accident

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

934
-
1 933
-
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.

1 048
-
2 171
-
surtax
8 147
-
16 862
-
pensions

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

6 367
-
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.

4 419
-
9 146
-
total
20 915
-
43 287
-
Corporate
99 235
192 000
-
-
surtax
396
770
-
-
income
19 847
38 524
-
-
total
20 243
39 294
-
-
Dividends
78 992
152 706
-
-
withholding

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

23 332
45 445
-
-
total
23 332
45 445
-
-
Income
192 000
192 000
192 000
192 000
Total tax
99 718
84 739
125 241
108 663
After tax
92 282
107 261
66 759
83 337
Living cost
36 624
36 624
36 624
36 624
Free-cash
55 658
70 637
30 135
46 713

Estimated living cost  is ₽36624 per week

₽23591
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3202
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9258
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91523
₽84642
₽71305
₽67091
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
839
income
-
-
-
56 488
pensions
-
-
-
26 347
other
-
-
-
93
unemployment
-
-
-
652
total
-
-
-
84 419
Employee
50 000
-
162 319
-
other
50
-
93
-
income
10 550
-
53 040
-
pensions
2 350
-
4 377
-
unemployment
776
-
1 443
-
total
13 726
-
58 953
-
Employer
50 000
-
162 319
-
accident
989
-
1 843
-
other
398
-
745
-
unemployment
2 751
-
5 120
-
pensions
11 799
-
21 972
-
total
15 937
-
29 680
-
Corporate
126 062
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.

18 909
28 800
-
-
total
18 909
28 800
-
-
Dividends
107 153
163 200
-
-
withholding
22 510
35 401
-
-
total
22 510
35 401
-
-
Income
192 000
192 000
192 000
192 000
Total tax
71 082
64 201
88 633
84 419
After tax
120 918
127 799
103 367
107 581
Living cost
36 276
36 276
36 276
36 276
Free-cash
84 642
91 523
67 091
71 305

Estimated living cost  is ₽36276 per week

₽26713
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2573
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6466
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56629
₽43308
₽38653
₽46305
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
33 220
pensions
-
-
-
28 779
health
-
-
-
13 490
surtax
-
-
-
9 518
communal
-
-
-
12 135
total
-
-
-
98 760
Employee
76 068
-
171 505
-
health
3 385
-
7 632
-
surtax
4 662
-
10 511
-
income
7 347
-
38 748
-
pensions
6 085
-
13 721
-
total
21 479
-
70 612
-
Employer
76 068
-
171 505
-
accident
684
-
1 544
-
pensions
6 085
-
13 721
-
health
2 320
-
5 231
-
total
9 089
-
20 496
-
Corporate
106 844
192 000
-
-
surtax
1 123
2 017
-
-
communal
7 211
12 960
-
-
income
16 027
28 800
-
-
total
24 361
43 777
-
-
Dividends
82 483
148 223
-
-
income
26 803
14 773
-
-
withholding
12 373
22 234
-
-
total
39 176
37 007
-
-
Income
192 000
192 000
192 000
192 000
Total tax
94 105
80 784
91 108
98 760
After tax
97 895
111 216
100 892
93 240
Living cost
54 587
54 587
54 587
54 587
Free-cash
43 308
56 629
46 305
38 653

Estimated living cost  is ₽54587 per week

₽40948
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3307
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽578
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9752
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98206
₽95012
₽68096
₽61954
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
55 843
pensions
-
-
-
26 812
other
-
-
-
-
unemployment
-
-
-
229
health
-
-
-
9 518
surtax
-
-
-
8 940
total
-
-
-
101 342
Employee
33 827
-
163 781
-
other
-
-
-
-
health
863
-
3 418
-
surtax
120
-
7 739
-
income
5 671
-
49 835
-
pensions
2 257
-
8 942
-
unemployment
2 354
-
9 331
-
total
11 265
-
79 265
-
Employer
33 827
-
163 781
-
other
-
-
-
-
unemployment
1 073
-
4 249
-
pensions
4 510
-
17 870
-
health
1 538
-
6 100
-
total
7 121
-
28 219
-
Corporate
151 052
192 000
-
-
income
39 273
49 921
-
-
total
39 273
49 921
-
-
Dividends
111 779
142 079
-
-
withholding
16 767
21 311
-
-
total
16 767
21 311
-
-
Income
192 000
192 000
192 000
192 000
Total tax
74 426
71 232
107 484
101 342
After tax
117 574
120 768
84 516
90 658
Living cost
22 562
22 562
22 562
22 562
Free-cash
95 012
98 206
61 954
68 096

Estimated living cost  is ₽22562 per week

₽13622
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1961
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6456
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73861
₽71633
₽63208
₽54581
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 000
municipal
-
-
-
1 142
regional
-
-
-
2 895
national
-
-
-
48 314
social contributions
-
-
-
49 383
total
-
-
-
101 734
Employee
55 719
-
192 000
-
social contributions
18 789
-
64 743
-
regional
750
-
2 584
-
municipal
295
-
1 018
-
national
8 827
-
42 016
-
total
28 661
-
110 361
-
Employer
55 719
-
192 000
-
total
-
-
-
-
Corporate
136 281
192 000
-
-
nationa
32 708
46 080
-
-
municipal
6 773
9 542
-
-
total
39 481
55 622
-
-
Dividends
96 800
136 378
-
-
withholding
25 167
35 459
-
-
total
25 167
35 459
-
-
Income
192 000
192 000
192 000
192 000
Total tax
93 309
91 081
110 361
101 734
After tax
98 691
100 919
81 639
90 266
Living cost
27 058
27 058
27 058
27 058
Free-cash
71 633
73 861
54 581
63 208

Estimated living cost  is ₽27058 per week

₽16828
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2741
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7026
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽102593
₽92035
₽81271
₽73214
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
19 727
health
-
-
-
25 920
solidarity contribution
-
-
-
920
social contributions
-
-
-
34 563
total
-
-
-
81 130
Employee
43 527
-
148 998
-
social contributions
2 829
-
7 694
-
health
5 876
-
20 115
-
solidarity contribution
-
-
198
-
income
5 223
-
18 178
-
total
13 928
-
46 185
-
Employer
43 527
-
148 998
-
social contributions
10 882
-
29 592
-
health
3 917
-
13 410
-
total
14 799
-
43 002
-
Corporate
133 673
192 000
-
-
income
25 398
36 480
-
-
total
25 398
36 480
-
-
Dividends
108 275
155 520
-
-
withholding
16 241
23 328
-
-
total
16 241
23 328
-
-
Income
192 000
192 000
192 000
192 000
Total tax
70 366
59 808
89 187
81 130
After tax
121 634
132 192
102 813
110 870
Living cost
29 599
29 599
29 599
29 599
Free-cash
92 035
102 593
73 214
81 271

Estimated living cost  is ₽29599 per week

₽22011
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1640
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5435
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74151
₽73656
₽66737
₽18698
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 000
chamber of commerce
-
-
-
768
income
-
-
-
55 603
pensions
-
-
-
21 709
unemployment
-
-
-
6 161
health
-
-
-
8 976
surtax
-
-
-
-
total
-
-
-
93 217
Employee
43 908
40 030
155 447
-
other
438
400
1 174
-
health
1 698
1 550
4 541
-
income
3 911
2 953
45 542
-
pensions
4 497
4 098
12 017
-
unemployment
1 317
1 201
3 521
-
total
11 861
10 202
66 795
-
Employer
43 908
40 030
155 447
-
accident
570
520
1 525
-
other
2 085
1 900
7 059
-
chamber of commerce
175
160
621
-
unemployment
1 317
1 201
3 521
-
surtax
-
-
-
-
pensions
5 511
5 025
14 727
-
payroll
1 317
1 201
4 662
-
health
1 660
1 514
4 436
-
total
12 635
11 521
36 551
-
Corporate
135 456
140 449
151 637
-
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.

33 863
35 112
37 910
-
total
33 863
35 112
37 910
-
Dividends
101 593
105 338
-
-
withholding
27 939
28 968
-
-
total
27 939
28 968
-
-
Income
192 000
192 000
192 000
192 000
Total tax
86 298
85 803
141 256
93 217
After tax
105 702
106 197
50 744
98 783
Living cost
32 046
32 046
32 046
32 046
Free-cash
73 656
74 151
18 698
66 737

Estimated living cost  is ₽32046 per week

₽19224
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3273
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.
₽8978
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽168220
₽165561
₽175900
₽139420
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
17 726
-
192 000
-
income
3 545
-
38 400
-
total
3 545
-
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%.

174 274
192 000
-
-
total
-
-
-
-
Dividends
174 274
192 000
-
-
withholding
8 714
9 600
-
-
total
8 714
9 600
-
-
Income
192 000
192 000
192 000
192 000
Total tax
12 259
9 600
38 400
1 920
After tax
179 741
182 400
153 600
190 080
Living cost
14 180
14 180
14 180
14 180
Free-cash
165 561
168 220
139 420
175 900

Estimated living cost  is ₽14180 per week

₽9596
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽595
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽476
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3513
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽105250
₽96848
₽65782
₽60984
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

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

-
-
-
192 000
income
-
-
-
45 032
pensions
-
-
-
35 064
unemployment
-
-
-
288
health
-
-
-
18 892
total
-
-
-
99 276
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.

44 418
-
166 135
-
health
2 869
-
10 732
-
income
7 660
-
41 495
-
pensions
6 885
-
25 750
-
unemployment
63
-
233
-
total
17 477
-
78 210
-
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.

44 418
-
166 135
-
unemployment
27
-
99
-
pensions
3 931
-
14 702
-
health
2 958
-
11 063
-
total
6 916
-
25 864
-
Corporate
140 666
192 000
-
-
income
26 726
36 480
-
-
total
26 726
36 480
-
-
Dividends
113 940
155 520
-
-
withholding
17 091
23 328
-
-
total
17 091
23 328
-
-
Income
192 000
192 000
192 000
192 000
Total tax
68 210
59 808
104 074
99 276
After tax
123 790
132 192
87 926
92 724
Living cost
26 942
26 942
26 942
26 942
Free-cash
96 848
105 250
60 984
65 782

Estimated living cost  is ₽26942 per week

₽18490
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.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6205
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73251
₽25228
₽89125
₽135156
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
37 425
social contributions
-
-
-
21 888
total
-
-
-
59 313
Employee
62 462
-
-
-
social contributions
5 122
-
730
-
income
13 778
-
-
-
total
18 900
-
730
-
Employer
62 462
-
-
-
social contributions
88 072
-
12 552
-
total
88 072
-
12 552
-
Corporate
41 466
192 000
-
-
income
9 122
42 240
-
-
total
9 122
42 240
-
-
Dividends
32 343
149 760
-
-
income
7 116
32 947
-
-
total
7 116
32 947
-
-
Income
192 000
192 000
192 000
192 000
Total tax
123 210
75 187
13 282
59 313
After tax
68 790
116 813
178 718
132 687
Living cost
43 562
43 562
43 562
43 562
Free-cash
25 228
73 251
135 156
89 125

Estimated living cost  is ₽43562 per week

₽28265
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4097
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.
₽10645
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77703
₽76692
₽70351
₽55796
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
23 422
surtax
-
-
-
-
social contributions

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

-
-
-
66 720
total
-
-
-
90 142
Employee
46 198
-
155 152
-
social contributions
5 082
-
17 066
-
surtax
-
-
-
-
income
9 609
-
50 783
-
total
14 691
-
67 849
-
Employer
46 198
-
155 152
-
social contributions
10 972
-
36 848
-
total
10 972
-
36 848
-
Corporate
134 830
192 000
-
-
surtax
-
-
-
-
income
28 314
40 319
-
-
total
28 314
40 319
-
-
Dividends
106 516
151 681
-
-
withholding
29 824
42 471
-
-
total
29 824
42 471
-
-
Income
192 000
192 000
192 000
192 000
Total tax
83 801
82 790
104 697
90 142
After tax
108 199
109 210
87 303
101 858
Living cost
31 507
31 507
31 507
31 507
Free-cash
76 692
77 703
55 796
70 351

Estimated living cost  is ₽31507 per week

₽23574
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1859
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽526
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5549
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48252
₽55156
₽59438
₽55284
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
31 236
pensions
-
-
-
32 800
other
-
-
-
5 951
health
-
-
-
8 589
surtax
-
-
-
-
social contributions
-
-
-
5 471
total
-
-
-
84 047
Employee
62 912
-
147 935
-
social contributions
1 792
-
4 215
-
surtax
-
-
-
-
income
5 489
-
29 362
-
pensions
7 116
-
10 560
-
total
14 397
-
44 137
-
Employer
62 912
-
147 935
-
other
2 171
-
5 887
-
social contributions
189
-
444
-
unemployment
2 549
-
5 991
-
pensions
10 337
-
17 730
-
health
4 403
-
14 012
-
total
19 649
-
44 064
-
Corporate
109 439
192 000
-
-
surtax
-
-
-
-
income
30 644
53 760
-
-
total
30 644
53 760
-
-
Dividends
78 796
138 240
-
-
surtax
-
-
-
-
social contributions
13 553
23 778
-
-
withholding
10 086
17 695
-
-
total
23 639
41 473
-
-
Income
192 000
192 000
192 000
192 000
Total tax
88 329
95 233
88 201
84 047
After tax
103 671
96 767
103 799
107 953
Living cost
48 515
48 515
48 515
48 515
Free-cash
55 156
48 252
55 284
59 438

Estimated living cost  is ₽48515 per week

₽32834
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3969
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽665
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11046
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽142605
₽139231
₽110688
₽115791
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 877
social contributions
-
-
-
42 241
total
-
-
-
51 118
Employee
32 293
-
166 232
-
income
-
-
9 443
-
social contributions
2 099
-
10 804
-
total
2 099
-
20 247
-
Employer
32 293
-
166 232
-
social contributions
5 006
-
25 768
-
total
5 006
-
25 768
-
Corporate
154 702
192 000
-
-
income
15 470
19 201
-
-
total
15 470
19 201
-
-
Dividends
139 231
172 799
-
-
total
-
-
-
-
Income
192 000
192 000
192 000
192 000
Total tax
22 575
19 201
46 015
51 118
After tax
169 425
172 799
145 985
140 882
Living cost
30 194
30 194
30 194
30 194
Free-cash
139 231
142 605
115 791
110 688

Estimated living cost  is ₽30194 per week

₽19523
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2276
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽568
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7827
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽26845
-₽26845
₽63993
-₽26845
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
40 442
pensions
-
-
-
871
national
-
-
-
23 030
labour market
-
-
-
15 290
total
-
-
-
79 633
Employee
204 175
204 175
204 175
-
labour market
16 311
16 311
16 311
-
national
24 944
24 944
24 944
-
municipal
43 478
43 478
43 478
-
pensions
290
290
290
-
total
85 023
85 023
85 023
-
Employer
204 175
204 175
204 175
-
labour market
16 334
16 334
16 334
-
municipal
43 547
43 547
43 547
-
pensions
580
580
580
-
national
24 987
24 987
24 987
-
total
85 448
85 448
85 448
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
192 000
192 000
192 000
192 000
Total tax
170 471
170 471
170 471
79 633
After tax
21 529
21 529
21 529
112 367
Living cost
48 374
48 374
48 374
48 374
Free-cash
-26 845
-26 845
-26 845
63 993

Estimated living cost  is ₽48374 per week

₽33108
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.
₽744
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10243
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6167
₽12221
₽109477
₽83116
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
253
income
-
-
-
53 826
pensions
-
-
-
4 169
other
-
-
-
371
health
-
-
-
2 185
total
-
-
-
60 804
Employee
34 165
-
173 800
-
health
3 912
-
19 901
-
income
4 687
-
41 420
-
pensions
3 847
-
7 645
-
total
12 446
-
68 966
-
Employer
34 165
-
173 800
-
accident
570
-
2 902
-
unemployment
837
-
4 258
-
pensions
5 555
-
11 039
-
total
6 962
-
18 199
-
Corporate
150 872
192 000
-
-
income

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

135 785
172 800
-
-
total
135 785
172 800
-
-
Dividends
15 087
19 200
-
-
withholding
2 867
3 648
-
-
total
2 867
3 648
-
-
Income
192 000
192 000
192 000
192 000
Total tax
158 060
176 448
87 165
60 804
After tax
33 940
15 552
104 835
131 196
Living cost
21 719
21 719
21 719
21 719
Free-cash
12 221
-6 167
83 116
109 477

Estimated living cost  is ₽21719 per week

₽15809
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1238
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4264
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80811
₽83699
₽83087
₽61091
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

You can choose the amount to declare for pension contributions and choose a pension insurance company or a pension insurance fund you prefer to use; or you could opt out of pension contributions altogether. You can find more details on Finnish Centre for Pensions

-
-
-
192 000
municipal
-
-
-
34 103
health
-
-
-
2 537
national
-
-
-
33 709
total
-
-
-
70 349
Employee
52 847
-
161 520
-
health
395
-
2 068
-
municipal
8 656
-
26 303
-
pensions
3 566
-
10 903
-
unemployment
793
-
2 423
-
national
873
-
20 168
-
total
14 283
-
61 865
-
Employer
52 847
-
161 520
-
accident
53
-
162
-
unemployment
343
-
1 050
-
pensions
9 169
-
28 025
-
health
406
-
1 243
-
total
9 971
-
30 480
-
Corporate
129 182
192 000
-
-
income
25 836
38 400
-
-
total
25 836
38 400
-
-
Dividends

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

77 509
115 200
-
-
national
5 696
13 490
-
-
municipal
13 951
20 735
-
-
total
19 647
34 225
-
-
Income
192 000
192 000
192 000
192 000
Total tax
69 737
72 625
92 345
70 349
After tax
122 263
119 375
99 655
121 651
Living cost
38 564
38 564
38 564
38 564
Free-cash
83 699
80 811
61 091
83 087

Estimated living cost  is ₽38564 per week

₽25190
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3709
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽9052
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽116762
₽111294
₽107222
₽105575
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
40 375
health
-
-
-
4 895
social contributions
-
-
-
16 252
total
-
-
-
61 522
Employee
77 239
77 239
180 024
-
social contributions
2 920
6 410
8 646
-
health
599
1 313
3 061
-
income
8 410
7 150
39 486
-
total
11 929
14 873
51 193
-
Employer
77 239
77 239
180 024
-
social contributions
2 920
6 410
8 646
-
health
650
1 430
3 330
-
total
3 570
7 840
11 976
-
Corporate
153 245
106 921
-
-
income
19 155
13 364
-
-
total
19 155
13 364
-
-
Dividends
134 090
93 557
-
-
withholding
22 796
15 905
-
-
total
22 796
15 905
-
-
Income
192 000
192 000
192 000
192 000
Total tax
57 450
51 982
63 169
61 522
After tax
134 550
140 018
128 831
130 478
Living cost
23 256
23 256
23 256
23 256
Free-cash
111 294
116 762
105 575
107 222

Estimated living cost  is ₽23256 per week

₽13938
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2282
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6523
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽143049
₽137937
₽146340
₽126192
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
192 000
income
-
-
-
19 659
pensions
-
-
-
6 389
unemployment
-
-
-
29
health
-
-
-
3 635
total
-
-
-
29 712
Employee

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

23 056
-
182 183
-
health
1 960
-
8 101
-
income
1 576
-
17 169
-
pensions
3 458
-
14 296
-
unemployment
114
-
477
-
total
7 108
-
40 043
-
Employer

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

23 056
-
182 183
-
unemployment
114
-
477
-
pensions
1 268
-
5 242
-
health
991
-
4 098
-
total
2 373
-
9 817
-
Corporate
166 571
192 000
-
-
income
14 992
17 279
-
-
total
14 992
17 279
-
-
Dividends
151 579
174 721
-
-
withholding
13 642
15 724
-
-
total
13 642
15 724
-
-
Income
192 000
192 000
192 000
192 000
Total tax
38 115
33 003
49 860
29 712
After tax
153 885
158 997
142 140
162 288
Living cost
15 948
15 948
15 948
15 948
Free-cash
137 937
143 049
126 192
146 340

Estimated living cost  is ₽15948 per week

₽10175
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1149
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4148
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽100177
₽95741
₽79959
₽75745
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
839
income
-
-
-
56 488
pensions
-
-
-
26 347
other
-
-
-
93
unemployment
-
-
-
652
total
-
-
-
84 419
Employee
37 141
-
162 319
-
other
36
-
93
-
income
7 161
-
53 040
-
pensions
1 746
-
4 377
-
unemployment
576
-
1 443
-
total
9 519
-
58 953
-
Employer
37 141
-
162 319
-
accident
736
-
1 843
-
other
297
-
745
-
unemployment
2 043
-
5 120
-
pensions
8 765
-
21 972
-
total
11 841
-
29 680
-
Corporate
143 018
192 000
-
-
income

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

21 452
28 800
-
-
total
21 452
28 800
-
-
Dividends
121 566
163 200
-
-
withholding
25 825
35 401
-
-
total
25 825
35 401
-
-
Income
192 000
192 000
192 000
192 000
Total tax
68 637
64 201
88 633
84 419
After tax
123 363
127 799
103 367
107 581
Living cost
27 622
27 622
27 622
27 622
Free-cash
95 741
100 177
75 745
79 959

Estimated living cost  is ₽27622 per week

₽18644
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2655
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5839
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽117058
₽116607
₽120435
₽120239
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 000
income
-
-
-
65 354
pensions
-
-
-
2 006
health
-
-
-
1 455
total
-
-
-
68 815
Employee
4 189
-
189 743
-
health
209
-
502
-
income
810
-
65 249
-
pensions
377
-
903
-
unemployment
42
-
100
-
total
1 438
-
66 754
-
Employer
4 189
-
189 743
-
unemployment
84
-
201
-
pensions
461
-
1 103
-
health
398
-
953
-
total
943
-
2 257
-
Corporate
186 868
192 000
-
-
income
41 111
42 240
-
-
total
41 111
42 240
-
-
Dividends
145 757
149 760
-
-
withholding
29 151
29 952
-
-
total
29 151
29 952
-
-
Income
192 000
192 000
192 000
192 000
Total tax
72 643
72 192
69 011
68 815
After tax
119 357
119 808
122 989
123 185
Living cost
2 750
2 750
2 750
2 750
Free-cash
116 607
117 058
120 239
120 435

Estimated living cost  is ₽2750 per week

₽1635
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽63
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽830
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽121350
₽116409
₽102769
₽102767
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
192 000
income
-
-
-
43 804
pensions
-
-
-
19 299
unemployment
-
-
-
1 113
health
-
-
-
7 645
total
-
-
-
71 861
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.

26 193
-
178 713
-
health
1 349
-
3 823
-
income
3 610
-
43 804
-
pensions
3 667
-
10 392
-
unemployment
196
-
557
-
total
8 822
-
58 576
-
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.

26 193
-
178 713
-
unemployment
196
-
557
-
pensions
3 143
-
8 907
-
health
1 349
-
3 823
-
total
4 688
-
13 287
-
Corporate
161 119
192 000
-
-
income
24 168
28 800
-
-
total
24 168
28 800
-
-
Dividends
136 951
163 200
-
-
withholding
20 543
24 480
-
-
total
20 543
24 480
-
-
Income
192 000
192 000
192 000
192 000
Total tax
58 221
53 280
71 863
71 861
After tax
133 779
138 720
120 137
120 139
Living cost
17 370
17 370
17 370
17 370
Free-cash
116 409
121 350
102 767
102 769

Estimated living cost  is ₽17370 per week

₽11695
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1344
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3828
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82130
₽81768
₽74778
₽60223
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
23 422
surtax
-
-
-
-
social contributions

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

-
-
-
66 720
total
-
-
-
90 142
Employee
38 986
-
155 152
-
social contributions
4 289
-
17 066
-
surtax
-
-
-
-
income
7 618
-
50 783
-
total
11 907
-
67 849
-
Employer
38 986
-
155 152
-
social contributions
9 258
-
36 848
-
total
9 258
-
36 848
-
Corporate
143 756
192 000
-
-
surtax
-
-
-
-
income
30 188
40 319
-
-
total
30 188
40 319
-
-
Dividends
113 568
151 681
-
-
withholding
31 799
42 471
-
-
total
31 799
42 471
-
-
Income
192 000
192 000
192 000
192 000
Total tax
83 152
82 790
104 697
90 142
After tax
108 848
109 210
87 303
101 858
Living cost
27 080
27 080
27 080
27 080
Free-cash
81 768
82 130
60 223
74 778

Estimated living cost  is ₽27080 per week

₽19180
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1881
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5539
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92497
₽85924
₽72279
₽68065
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
839
income
-
-
-
56 488
pensions
-
-
-
26 347
other
-
-
-
93
unemployment
-
-
-
652
total
-
-
-
84 419
Employee
48 511
-
162 319
-
other
48
-
93
-
income
10 132
-
53 040
-
pensions
2 280
-
4 377
-
unemployment
751
-
1 443
-
total
13 211
-
58 953
-
Employer
48 511
-
162 319
-
accident
961
-
1 843
-
other
389
-
745
-
unemployment
2 669
-
5 120
-
pensions
11 448
-
21 972
-
total
15 467
-
29 680
-
Corporate
128 022
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.

19 203
28 800
-
-
total
19 203
28 800
-
-
Dividends
108 819
163 200
-
-
withholding
22 893
35 401
-
-
total
22 893
35 401
-
-
Income
192 000
192 000
192 000
192 000
Total tax
70 774
64 201
88 633
84 419
After tax
121 226
127 799
103 367
107 581
Living cost
35 302
35 302
35 302
35 302
Free-cash
85 924
92 497
68 065
72 279

Estimated living cost  is ₽35302 per week

₽25352
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2745
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽498
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6708
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽146884
₽140765
₽136558
₽144249
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 000
income
-
-
-
28 800
pensions

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

-
-
-
5 192
unemployment
-
-
-
140
health
-
-
-
4 034
total
-
-
-
38 166
Employee
22 876
-
185 117
-
health
1 052
-
1 614
-
accident

We are using the highest rate at 1.1%.

251
-
386
-
income
2 288
-
18 512
-
pensions

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

2 008
-
3 080
-
total
5 599
-
23 592
-
Employer
22 876
-
185 117
-
accident

We are using the highest rate at 1.1%.

251
-
386
-
unemployment
137
-
210
-
pensions

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

2 521
-
3 866
-
health
1 579
-
2 421
-
total
4 488
-
6 883
-
Corporate
164 635
192 000
-
-
income
16 463
19 200
-
-
total
16 463
19 200
-
-
Dividends
148 172
172 800
-
-
withholding
7 409
8 640
-
-
total
7 409
8 640
-
-
Income
192 000
192 000
192 000
192 000
Total tax
33 959
27 840
30 475
38 166
After tax
158 041
164 160
161 525
153 834
Living cost
17 276
17 276
17 276
17 276
Free-cash
140 765
146 884
144 249
136 558

Estimated living cost  is ₽17276 per week

₽11426
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽989
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽412
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4449
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60006
₽73148
₽61131
₽81981
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
192 000
trade
-
-
-
20 850
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.

-
-
-
61 020
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.

-
-
-
6 862
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.

-
-
-
3 357
total
-
-
-
92 089
Employee

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

49 979
-
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.

6 862
-
6 862
-
surtax

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

227
-
3 357
-
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.

4 110
-
61 020
-
total
11 199
-
71 239
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
142 021
192 000
-
-
surtax

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

1 172
1 584
-
-
income
21 303
28 800
-
-
trade
20 381
27 552
-
-
chamber of commerce
360
435
-
-
total
43 216
58 371
-
-
Dividends
98 805
133 629
-
-
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.

1 338
1 817
-
-
withholding
24 319
33 026
-
-
total
25 657
34 843
-
-
Income
192 000
192 000
192 000
192 000
Total tax
80 072
93 214
71 239
92 089
After tax
111 928
98 786
120 761
99 911
Living cost
38 780
38 780
38 780
38 780
Free-cash
73 148
60 006
81 981
61 131

Estimated living cost  is ₽38780 per week

₽26751
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4173
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽562
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7293
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77180
₽79398
₽42202
₽42202
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
60 197
social contributions
-
-
-
32 382
total
-
-
-
92 579
Employee
78 572
-
192 000
-
income
14 826
-
60 197
-
social contributions
6 528
-
32 382
-
total
21 354
-
92 579
-
Employer
78 572
-
192 000
-
total
-
-
-
-
Corporate
113 428
192 000
-
-
income
14 178
24 001
-
-
total
14 178
24 001
-
-
Dividends
99 250
167 999
-
-
withholding
19 851
33 600
-
-
total
19 851
33 600
-
-
Income
192 000
192 000
192 000
192 000
Total tax
55 383
57 601
92 579
92 579
After tax
136 617
134 399
99 421
99 421
Living cost
57 219
57 219
57 219
57 219
Free-cash
79 398
77 180
42 202
42 202

Estimated living cost  is ₽57219 per week

₽43531
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4662
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8479
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83030
₽86540
₽120006
₽99132
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
6 731
total
-
-
-
35 531
Employee
46 079
-
187 379
-
income
5 000
-
47 163
-
social contributions
4 617
-
4 621
-
total
9 617
-
51 784
-
Employer
46 079
-
187 379
-
social contributions
4 617
-
4 621
-
total
4 617
-
4 621
-
Corporate
141 304
192 000
-
-
income
49 456
67 200
-
-
total
49 456
67 200
-
-
Dividends
91 848
124 800
-
-
social contributions
5 307
5 307
-
-
total
5 307
5 307
-
-
Income
192 000
192 000
192 000
192 000
Total tax
68 997
72 507
56 405
35 531
After tax
123 003
119 493
135 595
156 469
Living cost
36 463
36 463
36 463
36 463
Free-cash
86 540
83 030
99 132
120 006

Estimated living cost  is ₽36463 per week

₽24018
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2875
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9010
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86769
₽92709
₽88908
₽71616
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
56 498
pensions
-
-
-
9 331
total
-
-
-
65 829
Employee
51 149
-
167 582
-
health
667
-
2 371
-
income
9 315
-
44 967
-
pensions
3 904
-
11 365
-
total
13 886
-
58 703
-
Employer
51 149
-
167 582
-
pensions
5 168
-
21 234
-
health
972
-
3 184
-
total
6 140
-
24 418
-
Corporate
134 711
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.

25 596
36 479
-
-
total
25 596
36 479
-
-
Dividends
109 115
155 521
-
-
withholding
16 406
31 489
-
-
total
16 406
31 489
-
-
Income
192 000
192 000
192 000
192 000
Total tax
62 028
67 968
83 121
65 829
After tax
129 972
124 032
108 879
126 171
Living cost
37 263
37 263
37 263
37 263
Free-cash
92 709
86 769
71 616
88 908

Estimated living cost  is ₽37263 per week

₽25562
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3427
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽466
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7806
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽8317
₽11891
₽107327
₽80966
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
253
income
-
-
-
53 826
pensions
-
-
-
4 169
other
-
-
-
371
health
-
-
-
2 185
total
-
-
-
60 804
Employee
37 547
-
173 800
-
health
4 299
-
19 901
-
income
5 151
-
41 420
-
pensions
4 228
-
7 645
-
total
13 678
-
68 966
-
Employer
37 547
-
173 800
-
accident
627
-
2 902
-
unemployment
920
-
4 258
-
pensions
6 105
-
11 039
-
total
7 652
-
18 199
-
Corporate
146 802
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.

132 121
172 800
-
-
total
132 121
172 800
-
-
Dividends
14 680
19 200
-
-
withholding
2 789
3 648
-
-
total
2 789
3 648
-
-
Income
192 000
192 000
192 000
192 000
Total tax
156 240
176 448
87 165
60 804
After tax
35 760
15 552
104 835
131 196
Living cost
23 869
23 869
23 869
23 869
Free-cash
11 891
-8 317
80 966
107 327

Estimated living cost  is ₽23869 per week

₽17517
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1391
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.
₽4480
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽133314
₽143302
₽102380
₽124464
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
192 000
work injury
-
-
-
803
health insurance
-
-
-
11 886
income
-
-
-
31 884
pensions
-
-
-
29 554
unemployment
-
-
-
1 927
total
-
-
-
76 054
Employee

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

21 706
-
192 000
-
work injury
109
-
402
-
income
2 171
-
31 884
-
pensions
3 994
-
14 777
-
health insurance
1 606
-
5 943
-
unemployment
260
-
964
-
total
8 140
-
53 970
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
170 294
192 000
-
-
income

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

1 703
19 200
-
-
total
1 703
19 200
-
-
Dividends
168 591
172 800
-
-
withholding
25 289
25 920
-
-
total
25 289
25 920
-
-
Income
192 000
192 000
192 000
192 000
Total tax
35 132
45 120
53 970
76 054
After tax
156 868
146 880
138 030
115 946
Living cost
13 566
13 566
13 566
13 566
Free-cash
143 302
133 314
124 464
102 380

Estimated living cost  is ₽13566 per week

₽8404
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽986
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽423
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3753
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61117
₽56547
₽48590
₽40161
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 000
municipal
-
-
-
1 283
regional
-
-
-
4 414
national
-
-
-
48 314
social contributions
-
-
-
49 383
total
-
-
-
103 394
Employee
84 643
-
192 000
-
social contributions
28 541
-
64 743
-
regional
1 278
-
3 918
-
municipal
505
-
1 146
-
national
14 304
-
42 016
-
total
44 628
-
111 823
-
Employer
84 643
-
192 000
-
total
-
-
-
-
Corporate
107 357
192 000
-
-
nationa
25 766
46 080
-
-
municipal
5 175
9 254
-
-
total
30 941
55 334
-
-
Dividends
76 416
136 666
-
-
withholding
19 868
35 533
-
-
total
19 868
35 533
-
-
Income
192 000
192 000
192 000
192 000
Total tax
95 437
90 867
111 823
103 394
After tax
96 563
101 133
80 177
88 606
Living cost
40 016
40 016
40 016
40 016
Free-cash
56 547
61 117
40 161
48 590

Estimated living cost  is ₽40016 per week

₽28108
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2753
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽604
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8549
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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