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
₽ 193000
per

Your estimated
City
free-cash

Dresden , Germany
₽67302
₽91121
₽67978
₽78261
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
193 000
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.

-
-
-
61 707
surtax

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

-
-
-
3 394
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.

-
-
-
6 769
trade
-
-
-
23 143
total
-
-
-
95 013
Employee

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

37 895
-
193 000
-
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.

58
-
3 394
-
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.

1 059
-
61 707
-
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.

6 769
-
6 769
-
total
7 886
-
71 870
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
155 105
193 000
-
-
income
23 265
28 951
-
-
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.

1 280
1 592
-
-
chamber of commerce
374
427
-
-
trade
24 429
30 398
-
-
total
49 348
61 368
-
-
Dividends
105 757
131 632
-
-
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.

1 433
1 790
-
-
withholding
26 063
32 531
-
-
total
27 496
34 321
-
-
Income
193 000
193 000
193 000
193 000
Total tax
84 730
95 689
71 870
95 013
After tax
108 270
97 311
121 130
97 987
Living cost
30 009
30 009
30 009
30 009
Free-cash
78 261
67 302
91 121
67 978

Estimated living cost  is ₽30009 per week

₽18877
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3499
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽560
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7073
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67945
₽61387
₽60351
₽67072
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
193 000
social contributions
-
-
-
2 075
municipal
-
-
-
21 218
national
-
-
-
33 709
pensions
-
-
-
23 160
total
-
-
-
80 162
Employee
81 365
-
166 847
-
municipal
10 050
-
21 965
-
pensions
3 255
-
6 674
-
national
15 573
-
35 345
-
total
28 878
-
63 984
-
Employer
81 365
-
166 847
-
pensions
6 509
-
13 348
-
social contributions
875
-
1 794
-
total
7 384
-
15 142
-
Corporate
98 881
193 000
-
-
income

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

19 776
38 600
-
-
total
19 776
38 600
-
-
Dividends
79 105
154 400
-
-
withholding
17 403
33 968
-
-
total
17 403
33 968
-
-
Income
193 000
193 000
193 000
193 000
Total tax
73 441
72 568
79 126
80 162
After tax
119 559
120 432
113 874
112 838
Living cost
52 487
52 487
52 487
52 487
Free-cash
67 072
67 945
61 387
60 351

Estimated living cost  is ₽52487 per week

₽35675
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4879
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽786
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11148
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽133788
₽61727
₽47576
₽125659
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
193 000
income
-
-
-
37 637
surtax
-
-
-
49 215
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.

-
-
-
37 960
microenterprise
-
-
-
-
total
-
-
-
124 812
Employee
28 951
-
148 248
-
surtax
-
-
21 496
-
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.

3 185
-
12 988
-
income
5 154
-
31 425
-
total
8 339
-
65 909
-
Employer
28 951
-
148 248
-
social contributions

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

6 974
-
28 445
-
surtax
-
-
16 307
-
total
6 974
-
44 752
-
Corporate
157 076
193 000
-
-
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%.

31 416
38 600
-
-
total
31 416
38 600
-
-
Dividends

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

125 660
154 400
-
-
total
-
-
-
-
Income
193 000
193 000
193 000
193 000
Total tax
46 729
38 600
110 661
124 812
After tax
146 271
154 400
82 339
68 188
Living cost
20 612
20 612
20 612
20 612
Free-cash
125 659
133 788
61 727
47 576

Estimated living cost  is ₽20612 per week

₽13150
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1963
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5031
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54324
₽81082
₽63762
₽48252
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
193 000
income
-
-
-
63 908
health
-
-
-
12 217
pensions
-
-
-
11 608
total
-
-
-
87 733
Employee
84 607
84 607
174 588
-
pensions
15 229
11 608
11 608
-
income

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

13 849
13 849
28 176
-
health
12 986
11 046
12 217
-
total
42 064
36 503
52 001
-
Employer
84 607
84 607
174 588
-
health
5 881
5 881
7 308
-
pensions
5 889
5 889
7 319
-
unemployment
3 046
3 046
3 785
-
total
14 816
14 816
18 412
-
Corporate
94 615
93 577
-
-
income
18 924
18 715
-
-
total
18 924
18 715
-
-
Dividends
75 691
74 862
-
-
income
16 085
15 908
-
-
withholding
11 354
11 230
-
-
total
27 439
27 138
-
-
Income
193 000
193 000
193 000
193 000
Total tax
103 243
97 172
70 413
87 733
After tax
89 757
95 828
122 587
105 267
Living cost
41 504
41 504
41 504
41 504
Free-cash
48 252
54 324
81 082
63 762

Estimated living cost  is ₽41504 per week

₽29413
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3742
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽660
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7690
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64622
₽56552
₽57541
₽63708
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
193 000
accident
-
-
-
179
other
-
-
-
10 379
unemployment
-
-
-
89
health
-
-
-
5 574
municipal
-
-
-
49 836
national
-
-
-
18 990
pensions
-
-
-
9 656
total
-
-
-
94 703
Employee
58 073
-
164 935
-
municipal
17 317
-
49 184
-
national
-
-
18 443
-
total
17 317
-
67 627
-
Employer
58 073
-
164 935
-
health
3 571
-
5 493
-
pensions
6 278
-
9 656
-
accident
116
-
179
-
unemployment
1 533
-
2 358
-
other
6 748
-
10 379
-
total
18 246
-
28 065
-
Corporate
116 680
193 000
-
-
income
25 670
42 460
-
-
total
25 670
42 460
-
-
Dividends
91 011
150 540
-
-
withholding
27 303
45 162
-
-
total
27 303
45 162
-
-
Income
193 000
193 000
193 000
193 000
Total tax
88 536
87 622
95 692
94 703
After tax
104 464
105 378
97 308
98 297
Living cost
40 756
40 756
40 756
40 756
Free-cash
63 708
64 622
56 552
57 541

Estimated living cost  is ₽40756 per week

₽27011
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3999
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽619
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9126
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57398
₽82209
₽58038
₽71322
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
193 000
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.

-
-
-
61 707
surtax

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

-
-
-
3 394
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.

-
-
-
6 769
trade
-
-
-
24 171
total
-
-
-
96 041
Employee

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

50 244
-
193 000
-
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.

237
-
3 394
-
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.

4 317
-
61 707
-
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.

6 769
-
6 769
-
total
11 323
-
71 870
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
142 756
193 000
-
-
income
21 413
28 951
-
-
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.

1 177
1 592
-
-
chamber of commerce
353
425
-
-
trade
23 483
31 748
-
-
total
46 426
62 716
-
-
Dividends
96 330
130 284
-
-
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.

1 303
1 771
-
-
withholding
23 705
32 194
-
-
total
25 008
33 965
-
-
Income
193 000
193 000
193 000
193 000
Total tax
82 757
96 681
71 870
96 041
After tax
110 243
96 319
121 130
96 959
Living cost
38 921
38 921
38 921
38 921
Free-cash
71 322
57 398
82 209
58 038

Estimated living cost  is ₽38921 per week

₽26031
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4104
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.
₽8205
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽108601
₽97208
₽98856
₽104490
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
193 000
income
-
-
-
41 057
social contributions
-
-
-
16 030
health
-
-
-
4 922
total
-
-
-
62 009
Employee
76 185
76 185
181 121
-
social contributions
3 702
6 323
8 528
-
income
8 000
7 052
40 171
-
health
758
1 295
3 080
-
total
12 460
14 670
51 779
-
Employer
76 185
76 185
181 121
-
health
825
1 410
3 350
-
social contributions
3 702
6 323
8 528
-
total
4 527
7 733
11 878
-
Corporate
143 877
109 082
-
-
income
17 986
13 635
-
-
total
17 986
13 635
-
-
Dividends
125 892
95 447
-
-
withholding
21 402
16 226
-
-
total
21 402
16 226
-
-
Income
193 000
193 000
193 000
193 000
Total tax
56 375
52 264
63 657
62 009
After tax
136 625
140 736
129 343
130 991
Living cost
32 135
32 135
32 135
32 135
Free-cash
104 490
108 601
97 208
98 856

Estimated living cost  is ₽32135 per week

₽21968
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2510
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7118
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90250
₽93751
₽115569
₽90626
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
193 000
income
-
-
-
23 594
unemployment
-
-
-
2 895
health
-
-
-
13 510
pensions
-
-
-
19 300
total
-
-
-
59 299
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.

26 173
10 417
161 506
-
unemployment
393
156
2 423
-
pensions
2 617
1 042
16 151
-
income
3 200
1 273
19 744
-
health
1 832
729
11 305
-
total
8 042
3 200
49 623
-
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.

26 173
10 417
161 506
-
pensions
5 104
2 031
31 494
-
total
5 104
2 031
31 494
-
Corporate
161 723
180 552
-
-
income
14 555
16 250
-
-
total
14 555
16 250
-
-
Dividends
147 168
164 302
-
-
social contributions
28 579
31 920
-
-
withholding
27 962
31 217
-
-
total
56 541
63 137
-
-
Income
193 000
193 000
193 000
193 000
Total tax
84 242
84 618
81 117
59 299
After tax
108 758
108 382
111 883
133 701
Living cost
18 132
18 132
18 132
18 132
Free-cash
90 626
90 250
93 751
115 569

Estimated living cost  is ₽18132 per week

₽12373
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1484
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽362
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3913
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽130469
₽87313
₽79516
₽124314
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
193 000
income
-
-
-
25 862
health
-
-
-
25 091
pensions
-
-
-
38 600
total
-
-
-
89 553
Employee
28 106
-
144 244
-
unemployment
449
-
2 309
-
pensions
562
-
2 884
-
income
3 164
-
27 809
-
total
4 175
-
33 002
-
Employer
28 106
-
144 244
-
health
3 653
-
18 751
-
pensions
5 622
-
28 849
-
unemployment
226
-
1 154
-
total
9 501
-
48 754
-
Corporate
155 393
193 000
-
-
income
31 079
38 600
-
-
total
31 079
38 600
-
-
Dividends
124 314
154 400
-
-
total
-
-
-
-
Income
193 000
193 000
193 000
193 000
Total tax
44 755
38 600
81 756
89 553
After tax
148 245
154 400
111 244
103 447
Living cost
23 931
23 931
23 931
23 931
Free-cash
124 314
130 469
87 313
79 516

Estimated living cost  is ₽23931 per week

₽16414
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1425
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.
₽5610
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6426
₽83351
₽109817
₽12251
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
193 000
accident
-
-
-
253
income
-
-
-
54 140
other
-
-
-
372
health
-
-
-
2 187
pensions
-
-
-
4 172
total
-
-
-
61 124
Employee
34 699
-
174 754
-
pensions
3 907
-
7 650
-
income
4 760
-
41 685
-
health
3 973
-
20 009
-
total
12 640
-
69 344
-
Employer
34 699
-
174 754
-
pensions
5 642
-
11 047
-
accident
579
-
2 918
-
unemployment
850
-
4 281
-
total
7 071
-
18 246
-
Corporate
151 229
193 000
-
-
income

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

136 106
173 700
-
-
total
136 106
173 700
-
-
Dividends
15 123
19 300
-
-
withholding
2 873
3 667
-
-
total
2 873
3 667
-
-
Income
193 000
193 000
193 000
193 000
Total tax
158 690
177 367
87 590
61 124
After tax
34 310
15 633
105 410
131 876
Living cost
22 059
22 059
22 059
22 059
Free-cash
12 251
-6 426
83 351
109 817

Estimated living cost  is ₽22059 per week

₽16167
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1222
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.
₽4209
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽175244
₽146294
₽182964
₽173724
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
193 000
microenterprise

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

-
-
-
1 930
total
-
-
-
1 930
Employee
10 133
-
193 000
-
income
2 026
-
38 600
-
total
2 026
-
38 600
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

182 867
193 000
-
-
total
-
-
-
-
Dividends
182 867
193 000
-
-
withholding
9 144
9 650
-
-
total
9 144
9 650
-
-
Income
193 000
193 000
193 000
193 000
Total tax
11 170
9 650
38 600
1 930
After tax
181 830
183 350
154 400
191 070
Living cost
8 106
8 106
8 106
8 106
Free-cash
173 724
175 244
146 294
182 964

Estimated living cost  is ₽8106 per week

₽5024
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽674
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽223
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2186
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽115395
₽83419
₽85084
₽108706
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
193 000
income
-
-
-
31 572
other
-
-
-
7 156
health
-
-
-
6 629
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.

-
-
-
36 159
total
-
-
-
81 516
Employee
35 974
-
154 998
-
unemployment
359
-
1 506
-
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.

2 518
-
10 546
-
income
6 193
-
31 017
-
health
504
-
2 110
-
total
9 574
-
45 179
-
Employer
35 974
-
154 998
-
health
504
-
2 110
-
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.

6 116
-
25 613
-
accident
288
-
1 241
-
unemployment
359
-
1 506
-
other
1 799
-
7 532
-
total
9 066
-
38 002
-
Corporate
147 960
193 000
-
-
income
31 072
40 531
-
-
total
31 072
40 531
-
-
Dividends
116 889
152 469
-
-
withholding
8 182
10 674
-
-
total
8 182
10 674
-
-
Income
193 000
193 000
193 000
193 000
Total tax
57 894
51 205
83 181
81 516
After tax
135 106
141 795
109 819
111 484
Living cost
26 400
26 400
26 400
26 400
Free-cash
108 706
115 395
83 419
85 084

Estimated living cost  is ₽26400 per week

₽18653
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1782
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽425
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽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 Bratislava model

Close
London , United Kingdom
₽58273
₽43187
₽60547
₽65060
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
193 000
income
-
-
-
57 197
pensions
-
-
-
9 263
total
-
-
-
66 460
Employee
93 370
-
168 417
-
pensions
9 008
-
11 251
-
income
16 831
-
45 621
-
health
1 539
-
2 367
-
total
27 378
-
59 239
-
Employer
93 370
-
168 417
-
health
1 773
-
3 199
-
pensions
11 024
-
21 382
-
total
12 797
-
24 581
-
Corporate
86 832
193 000
-
-
income

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

16 498
36 670
-
-
total
16 498
36 670
-
-
Dividends
70 334
156 330
-
-
withholding
5 274
32 064
-
-
total
5 274
32 064
-
-
Income
193 000
193 000
193 000
193 000
Total tax
61 947
68 734
83 820
66 460
After tax
131 053
124 266
109 180
126 540
Living cost
65 993
65 993
65 993
65 993
Free-cash
65 060
58 273
43 187
60 547

Estimated living cost  is ₽65993 per week

₽49450
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7754
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽537
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8254
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽152025
₽149586
₽141820
₽147424
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
193 000
income
-
-
-
28 950
unemployment
-
-
-
138
health
-
-
-
3 980
pensions

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

-
-
-
5 122
total
-
-
-
38 190
Employee
17 201
-
186 210
-
accident

We are using the highest rate at 1.1%.

189
-
381
-
pensions

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

1 510
-
3 039
-
income
1 720
-
18 621
-
health
791
-
1 592
-
total
4 210
-
23 633
-
Employer
17 201
-
186 210
-
health
1 187
-
2 388
-
pensions

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

1 896
-
3 814
-
accident

We are using the highest rate at 1.1%.

189
-
381
-
unemployment
103
-
208
-
total
3 375
-
6 791
-
Corporate
172 424
193 000
-
-
income
17 242
19 300
-
-
total
17 242
19 300
-
-
Dividends
155 181
173 700
-
-
withholding
7 759
8 685
-
-
total
7 759
8 685
-
-
Income
193 000
193 000
193 000
193 000
Total tax
32 586
27 985
30 424
38 190
After tax
160 414
165 015
162 576
154 810
Living cost
12 990
12 990
12 990
12 990
Free-cash
147 424
152 025
149 586
141 820

Estimated living cost  is ₽12990 per week

₽7584
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽928
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽344
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4135
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40889
₽67648
₽50328
₽43382
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
193 000
income
-
-
-
63 908
health
-
-
-
12 217
pensions
-
-
-
11 608
total
-
-
-
87 733
Employee
91 856
84 607
174 588
-
pensions
11 608
11 608
11 608
-
income

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

13 849
13 849
28 176
-
health
11 460
11 046
12 217
-
total
36 917
36 503
52 001
-
Employer
91 856
84 607
174 588
-
health
6 383
5 881
7 308
-
pensions
6 393
5 889
7 319
-
unemployment
3 307
3 046
3 785
-
total
16 083
14 816
18 412
-
Corporate
85 061
93 577
-
-
income
17 012
18 715
-
-
total
17 012
18 715
-
-
Dividends
68 049
74 862
-
-
income
14 460
15 908
-
-
withholding
10 207
11 230
-
-
total
24 667
27 138
-
-
Income
193 000
193 000
193 000
193 000
Total tax
94 679
97 172
70 413
87 733
After tax
98 321
95 828
122 587
105 267
Living cost
54 939
54 939
54 939
54 939
Free-cash
43 382
40 889
67 648
50 328

Estimated living cost  is ₽54939 per week

₽40527
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4907
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽630
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8876
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽108279
₽78444
₽86490
₽99503
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
193 000
income
-
-
-
19 732
social contributions
-
-
-
35 400
solidarity contribution
-
-
-
722
health
-
-
-
26 055
total
-
-
-
81 909
Employee
36 178
-
149 258
-
solidarity contribution
-
-
-
-
social contributions
2 352
-
7 880
-
income
4 341
-
18 184
-
health
4 884
-
20 150
-
total
11 577
-
46 214
-
Employer
36 178
-
149 258
-
health
3 256
-
13 433
-
social contributions
9 045
-
30 308
-
total
12 301
-
43 741
-
Corporate
144 521
193 000
-
-
income
27 459
36 670
-
-
total
27 459
36 670
-
-
Dividends
117 062
156 330
-
-
withholding
17 559
23 450
-
-
total
17 559
23 450
-
-
Income
193 000
193 000
193 000
193 000
Total tax
68 896
60 120
89 955
81 909
After tax
124 104
132 880
103 045
111 091
Living cost
24 601
24 601
24 601
24 601
Free-cash
99 503
108 279
78 444
86 490

Estimated living cost  is ₽24601 per week

₽17088
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1750
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.
₽5279
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61167
₽40673
₽49335
₽55994
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
193 000
social contributions
-
-
-
49 587
regional
-
-
-
2 298
municipal
-
-
-
1 147
national
-
-
-
48 826
total
-
-
-
101 858
Employee
88 053
-
193 000
-
municipal
466
-
1 025
-
national
15 257
-
42 454
-
regional
831
-
2 031
-
social contributions
29 691
-
65 010
-
total
46 245
-
110 520
-
Employer
88 053
-
193 000
-
total
-
-
-
-
Corporate
104 947
193 000
-
-
municipal
4 093
7 526
-
-
nationa
25 187
46 320
-
-
total
29 280
53 846
-
-
Dividends
75 667
139 154
-
-
withholding
19 674
36 180
-
-
total
19 674
36 180
-
-
Income
193 000
193 000
193 000
193 000
Total tax
95 199
90 026
110 520
101 858
After tax
97 801
102 974
82 480
91 142
Living cost
41 807
41 807
41 807
41 807
Free-cash
55 994
61 167
40 673
49 335

Estimated living cost  is ₽41807 per week

₽29142
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.
₽641
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9280
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99534
₽63164
₽69225
₽96448
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
193 000
income
-
-
-
56 709
other
-
-
-
-
surtax
-
-
-
9 143
unemployment
-
-
-
226
health
-
-
-
9 388
pensions
-
-
-
26 446
total
-
-
-
101 912
Employee
32 764
-
165 166
-
other
-
-
-
-
unemployment
2 281
-
9 203
-
pensions
2 185
-
8 820
-
surtax
107
-
7 959
-
income
5 492
-
50 785
-
health
837
-
3 371
-
total
10 902
-
80 138
-
Employer
32 764
-
165 166
-
health
1 491
-
6 017
-
pensions
4 368
-
17 627
-
unemployment
1 038
-
4 191
-
other
-
-
-
-
total
6 897
-
27 835
-
Corporate
153 340
193 000
-
-
income
39 869
50 180
-
-
total
39 869
50 180
-
-
Dividends
113 471
142 820
-
-
withholding
17 021
21 423
-
-
total
17 021
21 423
-
-
Income
193 000
193 000
193 000
193 000
Total tax
74 689
71 603
107 973
101 912
After tax
118 311
121 397
85 027
91 088
Living cost
21 863
21 863
21 863
21 863
Free-cash
96 448
99 534
63 164
69 225

Estimated living cost  is ₽21863 per week

₽13368
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2017
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽504
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5973
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79181
₽64095
₽81455
₽85699
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
193 000
income
-
-
-
57 197
pensions
-
-
-
9 263
total
-
-
-
66 460
Employee
62 574
-
168 417
-
pensions
5 311
-
11 251
-
income
11 270
-
45 621
-
health
908
-
2 367
-
total
17 489
-
59 239
-
Employer
62 574
-
168 417
-
health
1 189
-
3 199
-
pensions
6 774
-
21 382
-
total
7 963
-
24 581
-
Corporate
122 464
193 000
-
-
income

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

23 268
36 670
-
-
total
23 268
36 670
-
-
Dividends
99 196
156 330
-
-
withholding
13 496
32 064
-
-
total
13 496
32 064
-
-
Income
193 000
193 000
193 000
193 000
Total tax
62 216
68 734
83 820
66 460
After tax
130 784
124 266
109 180
126 540
Living cost
45 085
45 085
45 085
45 085
Free-cash
85 699
79 181
64 095
81 455

Estimated living cost  is ₽45085 per week

₽33777
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3379
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.
₽7456
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽9902
₽68283
₽76832
₽43428
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
193 000
other

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

-
-
-
3 860
regional
-
-
-
9 943
health
-
-
-
435
city
-
-
-
2 035
national
-
-
-
3 785
pensions
-
-
-
17 757
total
-
-
-
37 815
Employee
91 693
-
172 826
-
unemployment
-
-
-
-
pensions
7 703
-
14 427
-
national
434
-
2 811
-
regional
3 002
-
8 609
-
city
984
-
1 857
-
health
207
-
388
-
total
12 330
-
28 092
-
Employer
91 693
-
172 826
-
health
207
-
388
-
pensions
7 703
-
14 427
-
unemployment
-
-
-
-
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.

1 833
-
3 457
-
total
9 743
-
18 272
-
Corporate
90 555
193 000
-
-
regional
19 152
40 819
-
-
national
7 697
16 405
-
-
total
26 849
57 224
-
-
Dividends
63 706
135 776
-
-
withholding
22 297
47 521
-
-
total
22 297
47 521
-
-
Income
193 000
193 000
193 000
193 000
Total tax
71 219
104 745
46 364
37 815
After tax
121 781
88 255
146 636
155 185
Living cost
78 353
78 353
78 353
78 353
Free-cash
43 428
9 902
68 283
76 832

Estimated living cost  is ₽78353 per week

₽50952
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7031
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽962
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19407
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽49940
₽75743
₽50543
₽66005
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
193 000
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.

-
-
-
61 707
surtax

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

-
-
-
3 394
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.

-
-
-
6 769
trade
-
-
-
25 200
total
-
-
-
97 070
Employee

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

59 543
-
193 000
-
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.

385
-
3 394
-
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.

7 002
-
61 707
-
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.

6 769
-
6 769
-
total
14 156
-
71 870
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
133 457
193 000
-
-
income
20 018
28 951
-
-
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.

1 102
1 592
-
-
chamber of commerce
338
421
-
-
trade
22 887
33 100
-
-
total
44 345
64 064
-
-
Dividends
89 111
128 935
-
-
surtax

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

1 205
1 752
-
-
withholding
21 902
31 857
-
-
total
23 107
33 609
-
-
Income
193 000
193 000
193 000
193 000
Total tax
81 608
97 673
71 870
97 070
After tax
111 392
95 327
121 130
95 930
Living cost
45 387
45 387
45 387
45 387
Free-cash
66 005
49 940
75 743
50 543

Estimated living cost  is ₽45387 per week

₽33149
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3631
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8019
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63375
₽70067
₽74307
₽69227
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
193 000
income
-
-
-
31 924
other
-
-
-
5 983
surtax
-
-
-
-
social contributions
-
-
-
5 499
health
-
-
-
8 739
pensions
-
-
-
32 651
total
-
-
-
84 796
Employee
42 403
-
148 521
-
pensions
4 794
-
10 679
-
surtax
-
-
-
-
social contributions
1 209
-
4 232
-
income
2 502
-
29 644
-
total
8 505
-
44 555
-
Employer
42 403
-
148 521
-
health
2 969
-
14 159
-
pensions
6 966
-
17 917
-
unemployment
1 717
-
6 015
-
social contributions
128
-
446
-
other
1 463
-
5 944
-
total
13 243
-
44 481
-
Corporate
137 355
193 000
-
-
income
38 459
54 040
-
-
surtax
-
-
-
-
total
38 459
54 040
-
-
Dividends
98 896
138 960
-
-
surtax
-
-
-
-
social contributions
17 010
23 902
-
-
withholding
12 659
17 786
-
-
total
29 669
41 688
-
-
Income
193 000
193 000
193 000
193 000
Total tax
89 876
95 728
89 036
84 796
After tax
103 124
97 272
103 964
108 204
Living cost
33 897
33 897
33 897
33 897
Free-cash
69 227
63 375
70 067
74 307

Estimated living cost  is ₽33897 per week

₽21374
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2756
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽577
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9192
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66733
₽73425
₽77665
₽72235
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
193 000
income
-
-
-
31 924
other
-
-
-
5 983
surtax
-
-
-
-
social contributions
-
-
-
5 499
health
-
-
-
8 739
pensions
-
-
-
32 651
total
-
-
-
84 796
Employee
37 851
-
148 521
-
pensions
4 281
-
10 679
-
surtax
-
-
-
-
social contributions
1 079
-
4 232
-
income
1 952
-
29 644
-
total
7 312
-
44 555
-
Employer
37 851
-
148 521
-
health
2 649
-
14 159
-
pensions
6 220
-
17 917
-
unemployment
1 532
-
6 015
-
social contributions
113
-
446
-
other
1 307
-
5 944
-
total
11 821
-
44 481
-
Corporate
143 329
193 000
-
-
income
40 132
54 040
-
-
surtax
-
-
-
-
total
40 132
54 040
-
-
Dividends
103 197
138 960
-
-
surtax
-
-
-
-
social contributions
17 751
23 902
-
-
withholding
13 210
17 786
-
-
total
30 961
41 688
-
-
Income
193 000
193 000
193 000
193 000
Total tax
90 226
95 728
89 036
84 796
After tax
102 774
97 272
103 964
108 204
Living cost
30 539
30 539
30 539
30 539
Free-cash
72 235
66 733
73 425
77 665

Estimated living cost  is ₽30539 per week

₽17711
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3102
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽579
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9147
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96738
₽98414
₽102935
₽97253
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
193 000
income
-
-
-
28 951
social contributions
-
-
-
26 634
health
-
-
-
13 471
total
-
-
-
69 056
Employee
33 593
-
193 000
-
social contributions
4 636
-
26 634
-
income
5 603
-
33 472
-
health
2 345
-
13 471
-
total
12 584
-
73 577
-
Employer
33 593
-
193 000
-
total
-
-
-
-
Corporate
159 407
193 000
-
-
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%.

7 970
9 651
-
-
total
7 970
9 651
-
-
Dividends
151 437
183 349
-
-
social contributions
20 898
25 301
-
-
withholding
22 716
27 503
-
-
health
10 570
12 798
-
-
total
54 184
65 602
-
-
Income
193 000
193 000
193 000
193 000
Total tax
74 738
75 253
73 577
69 056
After tax
118 262
117 747
119 423
123 944
Living cost
21 009
21 009
21 009
21 009
Free-cash
97 253
96 738
98 414
102 935

Estimated living cost  is ₽21009 per week

₽14060
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1295
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5169
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71697
₽16000
₽64194
₽70167
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
193 000
income
-
-
-
56 582
surtax
-
-
-
196
unemployment
-
-
-
6 077
chamber of commerce
-
-
-
773
health
-
-
-
8 854
pensions
-
-
-
21 413
total
-
-
-
93 895
Employee
49 514
39 483
156 517
-
other
494
395
1 158
-
unemployment
1 485
1 185
3 473
-
pensions
5 071
4 042
11 853
-
income
5 637
2 912
46 453
-
health
1 916
1 529
4 479
-
total
14 603
10 063
67 416
-
Employer
49 514
39 483
156 517
-
chamber of commerce
197
158
626
-
health
1 871
1 493
4 375
-
pensions
6 214
4 956
14 526
-
accident
643
513
1 504
-
unemployment
1 485
1 185
3 473
-
surtax
196
196
196
-
payroll
1 485
1 185
4 695
-
other
2 352
1 875
7 088
-
total
14 443
11 561
36 483
-
Corporate
129 043
141 957
152 757
-
income

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

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

32 260
35 490
38 190
-
total
32 260
35 490
38 190
-
Dividends
96 783
106 468
-
-
withholding
26 616
29 278
-
-
total
26 616
29 278
-
-
Income
193 000
193 000
193 000
193 000
Total tax
87 922
86 392
142 089
93 895
After tax
105 078
106 608
50 911
99 105
Living cost
34 911
34 911
34 911
34 911
Free-cash
70 167
71 697
16 000
64 194

Estimated living cost  is ₽34911 per week

₽23284
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2978
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8075
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71456
₽30794
₽47669
₽56916
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
193 000
communal

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

-
-
-
10 098
social contributions
-
-
-
24 701
national
-
-
-
74 407
total
-
-
-
109 206
Employee

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

70 870
-
149 486
-
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.

617
-
1 301
-
communal

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

3 696
-
7 797
-
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.

5 315
-
11 211
-
national
21 788
-
55 233
-
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.

3 330
-
7 024
-
total
34 746
-
82 566
-
Employer

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

70 870
-
149 486
-
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.

4 358
-
9 192
-
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.

6 280
-
13 244
-
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.

921
-
1 944
-
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.

1 034
-
2 183
-
surtax
8 036
-
16 952
-
total
20 629
-
43 515
-
Corporate
101 501
193 000
-
-
income
20 300
39 049
-
-
surtax
406
780
-
-
total
20 706
39 829
-
-
Dividends
80 795
153 171
-
-
withholding

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

23 878
45 590
-
-
total
23 878
45 590
-
-
Income
193 000
193 000
193 000
193 000
Total tax
99 959
85 419
126 081
109 206
After tax
93 041
107 581
66 919
83 794
Living cost
36 125
36 125
36 125
36 125
Free-cash
56 916
71 456
30 794
47 669

Estimated living cost  is ₽36125 per week

₽23269
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3159
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽566
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9132
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92643
₽68166
₽72323
₽85854
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
193 000
accident
-
-
-
827
income
-
-
-
57 346
other
-
-
-
92
unemployment
-
-
-
643
pensions
-
-
-
25 988
total
-
-
-
84 896
Employee
49 318
-
163 724
-
other
49
-
92
-
unemployment
765
-
1 423
-
pensions
2 318
-
4 317
-
income
10 406
-
53 945
-
total
13 538
-
59 777
-
Employer
49 318
-
163 724
-
pensions
11 638
-
21 673
-
accident
976
-
1 818
-
unemployment
2 713
-
5 050
-
other
393
-
735
-
total
15 720
-
29 276
-
Corporate
127 962
193 000
-
-
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.

19 195
28 951
-
-
total
19 195
28 951
-
-
Dividends
108 768
164 049
-
-
withholding
22 912
35 625
-
-
total
22 912
35 625
-
-
Income
193 000
193 000
193 000
193 000
Total tax
71 365
64 576
89 053
84 896
After tax
121 635
128 424
103 947
108 104
Living cost
35 781
35 781
35 781
35 781
Free-cash
85 854
92 643
68 166
72 323

Estimated living cost  is ₽35781 per week

₽26349
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2538
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.
₽6378
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57686
₽47203
₽39511
₽44451
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
193 000
communal
-
-
-
12 198
accident
-
-
-
1 626
income
-
-
-
33 767
surtax
-
-
-
9 568
health
-
-
-
13 560
pensions
-
-
-
28 928
total
-
-
-
99 647
Employee
75 030
-
172 399
-
pensions
6 001
-
13 793
-
surtax
4 599
-
10 565
-
income
7 247
-
39 325
-
health
3 339
-
7 671
-
total
21 186
-
71 354
-
Employer
75 030
-
172 399
-
health
2 288
-
5 257
-
pensions
6 001
-
13 793
-
accident
675
-
1 551
-
total
8 964
-
20 601
-
Corporate
109 006
193 000
-
-
communal
7 357
13 028
-
-
income
16 352
28 951
-
-
surtax
1 145
2 027
-
-
total
24 854
44 006
-
-
Dividends
84 152
148 995
-
-
income
27 080
15 117
-
-
withholding
12 623
22 349
-
-
total
39 703
37 466
-
-
Income
193 000
193 000
193 000
193 000
Total tax
94 707
81 472
91 955
99 647
After tax
98 293
111 528
101 045
93 353
Living cost
53 842
53 842
53 842
53 842
Free-cash
44 451
57 686
47 203
39 511

Estimated living cost  is ₽53842 per week

₽40390
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3262
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽570
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9619
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99143
₽62773
₽68834
₽95992
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
193 000
income
-
-
-
56 709
other
-
-
-
-
surtax
-
-
-
9 143
unemployment
-
-
-
226
health
-
-
-
9 388
pensions
-
-
-
26 446
total
-
-
-
101 912
Employee
33 365
-
165 166
-
other
-
-
-
-
unemployment
2 322
-
9 203
-
pensions
2 226
-
8 820
-
surtax
118
-
7 959
-
income
5 593
-
50 785
-
health
852
-
3 371
-
total
11 111
-
80 138
-
Employer
33 365
-
165 166
-
health
1 517
-
6 017
-
pensions
4 448
-
17 627
-
unemployment
1 059
-
4 191
-
other
-
-
-
-
total
7 024
-
27 835
-
Corporate
152 610
193 000
-
-
income
39 679
50 180
-
-
total
39 679
50 180
-
-
Dividends
112 931
142 820
-
-
withholding
16 940
21 423
-
-
total
16 940
21 423
-
-
Income
193 000
193 000
193 000
193 000
Total tax
74 754
71 603
107 973
101 912
After tax
118 246
121 397
85 027
91 088
Living cost
22 254
22 254
22 254
22 254
Free-cash
95 992
99 143
62 773
68 834

Estimated living cost  is ₽22254 per week

₽13436
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1935
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6368
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74756
₽55225
₽63840
₽72556
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
193 000
social contributions
-
-
-
49 587
regional
-
-
-
2 911
municipal
-
-
-
1 147
national
-
-
-
48 826
total
-
-
-
102 471
Employee
54 959
-
193 000
-
municipal
291
-
1 025
-
national
8 707
-
42 454
-
regional
740
-
2 597
-
social contributions
18 533
-
65 010
-
total
28 271
-
111 086
-
Employer
54 959
-
193 000
-
total
-
-
-
-
Corporate
138 041
193 000
-
-
municipal
6 861
9 593
-
-
nationa
33 130
46 320
-
-
total
39 991
55 913
-
-
Dividends
98 050
137 088
-
-
withholding
25 493
35 642
-
-
total
25 493
35 642
-
-
Income
193 000
193 000
193 000
193 000
Total tax
93 755
91 555
111 086
102 471
After tax
99 245
101 445
81 914
90 529
Living cost
26 689
26 689
26 689
26 689
Free-cash
72 556
74 756
55 225
63 840

Estimated living cost  is ₽26689 per week

₽16598
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2704
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6930
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽102565
₽72730
₽80776
₽91751
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
193 000
income
-
-
-
19 732
social contributions
-
-
-
35 400
solidarity contribution
-
-
-
722
health
-
-
-
26 055
total
-
-
-
81 909
Employee
44 581
-
149 258
-
solidarity contribution
-
-
-
-
social contributions
2 898
-
7 880
-
income
5 350
-
18 184
-
health
6 018
-
20 150
-
total
14 266
-
46 214
-
Employer
44 581
-
149 258
-
health
4 012
-
13 433
-
social contributions
11 145
-
30 308
-
total
15 157
-
43 741
-
Corporate
133 261
193 000
-
-
income
25 320
36 670
-
-
total
25 320
36 670
-
-
Dividends
107 942
156 330
-
-
withholding
16 191
23 450
-
-
total
16 191
23 450
-
-
Income
193 000
193 000
193 000
193 000
Total tax
70 934
60 120
89 955
81 909
After tax
122 066
132 880
103 045
111 091
Living cost
30 315
30 315
30 315
30 315
Free-cash
91 751
102 565
72 730
80 776

Estimated living cost  is ₽30315 per week

₽22544
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1679
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.
₽5567
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75105
₽19354
₽67692
₽74617
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
193 000
income
-
-
-
56 582
surtax
-
-
-
-
unemployment
-
-
-
6 077
chamber of commerce
-
-
-
773
health
-
-
-
8 854
pensions
-
-
-
21 413
total
-
-
-
93 699
Employee
43 309
39 483
156 702
-
other
432
395
1 158
-
unemployment
1 299
1 185
3 473
-
pensions
4 435
4 042
11 853
-
income
3 858
2 912
46 541
-
health
1 675
1 529
4 479
-
total
11 699
10 063
67 504
-
Employer
43 309
39 483
156 702
-
chamber of commerce
173
158
626
-
health
1 638
1 493
4 375
-
pensions
5 436
4 956
14 526
-
accident
562
513
1 504
-
unemployment
1 299
1 185
3 473
-
surtax
-
-
-
-
payroll
1 299
1 185
4 700
-
other
2 057
1 875
7 094
-
total
12 464
11 365
36 298
-
Corporate
137 227
142 153
152 941
-
income

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

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

34 307
35 539
38 235
-
total
34 307
35 539
38 235
-
Dividends
102 920
106 614
-
-
withholding
28 304
29 319
-
-
total
28 304
29 319
-
-
Income
193 000
193 000
193 000
193 000
Total tax
86 774
86 286
142 037
93 699
After tax
106 226
106 714
50 963
99 301
Living cost
31 609
31 609
31 609
31 609
Free-cash
74 617
75 105
19 354
67 692

Estimated living cost  is ₽31609 per week

₽18961
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3228
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽564
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8856
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽170718
₽141768
₽178438
₽168349
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
193 000
microenterprise

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

-
-
-
1 930
total
-
-
-
1 930
Employee
15 791
-
193 000
-
income
3 158
-
38 600
-
total
3 158
-
38 600
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

177 209
193 000
-
-
total
-
-
-
-
Dividends
177 209
193 000
-
-
withholding
8 861
9 650
-
-
total
8 861
9 650
-
-
Income
193 000
193 000
193 000
193 000
Total tax
12 019
9 650
38 600
1 930
After tax
180 981
183 350
154 400
191 070
Living cost
12 632
12 632
12 632
12 632
Free-cash
168 349
170 718
141 768
178 438

Estimated living cost  is ₽12632 per week

₽8548
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽530
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽424
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3130
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽106305
₽61638
₽66182
₽98019
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
193 000
income
-
-
-
45 715
unemployment
-
-
-
290
health
-
-
-
18 991
pensions
-
-
-
35 247
total
-
-
-
100 243
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.

43 812
-
166 997
-
unemployment
62
-
233
-
pensions
6 791
-
25 884
-
income
7 555
-
41 880
-
health
2 830
-
10 788
-
total
17 238
-
78 785
-
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.

43 812
-
166 997
-
health
2 918
-
11 123
-
pensions
3 877
-
14 780
-
unemployment
26
-
100
-
total
6 821
-
26 003
-
Corporate
142 367
193 000
-
-
income
27 050
36 671
-
-
total
27 050
36 671
-
-
Dividends
115 317
156 329
-
-
withholding
17 297
23 449
-
-
total
17 297
23 449
-
-
Income
193 000
193 000
193 000
193 000
Total tax
68 406
60 120
104 788
100 243
After tax
124 594
132 880
88 212
92 757
Living cost
26 574
26 574
26 574
26 574
Free-cash
98 019
106 305
61 638
66 182

Estimated living cost  is ₽26574 per week

₽18238
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1703
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.
₽6120
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74029
₽136378
₽89986
₽26195
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
193 000
income
-
-
-
37 620
social contributions
-
-
-
22 002
total
-
-
-
59 622
Employee
62 218
-
-
-
social contributions
5 102
-
727
-
income
13 724
-
-
-
total
18 826
-
727
-
Employer
62 218
-
-
-
social contributions
87 727
-
12 503
-
total
87 727
-
12 503
-
Corporate
43 054
193 000
-
-
income
9 472
42 460
-
-
total
9 472
42 460
-
-
Dividends
33 582
150 540
-
-
income
7 388
33 119
-
-
total
7 388
33 119
-
-
Income
193 000
193 000
193 000
193 000
Total tax
123 413
75 579
13 230
59 622
After tax
69 587
117 421
179 770
133 378
Living cost
43 392
43 392
43 392
43 392
Free-cash
26 195
74 029
136 378
89 986

Estimated living cost  is ₽43392 per week

₽28154
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4081
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10603
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78701
₽56465
₽71097
₽77705
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
193 000
income
-
-
-
23 759
surtax
-
-
-
-
social contributions

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

-
-
-
67 067
total
-
-
-
90 826
Employee
45 567
-
155 959
-
surtax
-
-
-
-
social contributions
5 013
-
17 155
-
income
9 478
-
51 262
-
total
14 491
-
68 417
-
Employer
45 567
-
155 959
-
social contributions
10 822
-
37 041
-
total
10 822
-
37 041
-
Corporate
136 610
193 000
-
-
income
28 687
40 531
-
-
surtax
-
-
-
-
total
28 687
40 531
-
-
Dividends
107 923
152 469
-
-
withholding
30 218
42 691
-
-
total
30 218
42 691
-
-
Income
193 000
193 000
193 000
193 000
Total tax
84 218
83 222
105 458
90 826
After tax
108 782
109 778
87 542
102 174
Living cost
31 077
31 077
31 077
31 077
Free-cash
77 705
78 701
56 465
71 097

Estimated living cost  is ₽31077 per week

₽23252
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1833
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽519
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5473
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49419
₽56111
₽60351
₽56227
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
193 000
income
-
-
-
31 924
other
-
-
-
5 983
surtax
-
-
-
-
social contributions
-
-
-
5 499
health
-
-
-
8 739
pensions
-
-
-
32 651
total
-
-
-
84 796
Employee
62 053
-
148 521
-
pensions
7 019
-
10 679
-
surtax
-
-
-
-
social contributions
1 767
-
4 232
-
income
5 414
-
29 644
-
total
14 200
-
44 555
-
Employer
62 053
-
148 521
-
health
4 343
-
14 159
-
pensions
10 196
-
17 917
-
unemployment
2 514
-
6 015
-
social contributions
186
-
446
-
other
2 142
-
5 944
-
total
19 381
-
44 481
-
Corporate
111 566
193 000
-
-
income
31 239
54 040
-
-
surtax
-
-
-
-
total
31 239
54 040
-
-
Dividends
80 327
138 960
-
-
surtax
-
-
-
-
social contributions
13 817
23 902
-
-
withholding
10 283
17 786
-
-
total
24 100
41 688
-
-
Income
193 000
193 000
193 000
193 000
Total tax
88 920
95 728
89 036
84 796
After tax
104 080
97 272
103 964
108 204
Living cost
47 853
47 853
47 853
47 853
Free-cash
56 227
49 419
56 111
60 351

Estimated living cost  is ₽47853 per week

₽32386
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3914
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽656
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10896
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽143918
₽116849
₽111720
₽140591
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
193 000
income
-
-
-
9 038
social contributions
-
-
-
42 460
total
-
-
-
51 498
Employee
31 852
-
167 101
-
income
-
-
9 608
-
social contributions
2 070
-
10 862
-
total
2 070
-
20 470
-
Employer
31 852
-
167 101
-
social contributions
4 937
-
25 899
-
total
4 937
-
25 899
-
Corporate
156 211
193 000
-
-
income
15 620
19 300
-
-
total
15 620
19 300
-
-
Dividends
140 590
173 700
-
-
total
-
-
-
-
Income
193 000
193 000
193 000
193 000
Total tax
22 627
19 300
46 369
51 498
After tax
170 373
173 700
146 631
141 502
Living cost
29 782
29 782
29 782
29 782
Free-cash
140 591
143 918
116 849
111 720

Estimated living cost  is ₽29782 per week

₽19257
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2245
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽560
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7720
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽22778
-₽22778
₽65060
-₽22778
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
193 000
labour market
-
-
-
15 371
municipal
-
-
-
40 754
national
-
-
-
23 261
pensions
-
-
-
858
total
-
-
-
80 244
Employee
201 314
201 314
201 314
-
municipal
42 869
42 869
42 869
-
labour market
16 082
16 082
16 082
-
pensions
286
286
286
-
national
24 594
24 594
24 594
-
total
83 831
83 831
83 831
-
Employer
201 314
201 314
201 314
-
national
24 637
24 637
24 637
-
labour market
16 105
16 105
16 105
-
pensions
572
572
572
-
municipal
42 937
42 937
42 937
-
total
84 251
84 251
84 251
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
193 000
193 000
193 000
193 000
Total tax
168 082
168 082
168 082
80 244
After tax
24 918
24 918
24 918
112 756
Living cost
47 696
47 696
47 696
47 696
Free-cash
-22 778
-22 778
-22 778
65 060

Estimated living cost  is ₽47696 per week

₽32644
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4219
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽734
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10099
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Copenhagen model

Close
Krakow , Poland
-₽6100
₽83677
₽110143
₽12299
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
193 000
accident
-
-
-
253
income
-
-
-
54 140
other
-
-
-
372
health
-
-
-
2 187
pensions
-
-
-
4 172
total
-
-
-
61 124
Employee
34 188
-
174 754
-
pensions
3 850
-
7 650
-
income
4 690
-
41 685
-
health
3 915
-
20 009
-
total
12 455
-
69 344
-
Employer
34 188
-
174 754
-
pensions
5 559
-
11 047
-
accident
571
-
2 918
-
unemployment
838
-
4 281
-
total
6 968
-
18 246
-
Corporate
151 844
193 000
-
-
income

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

136 660
173 700
-
-
total
136 660
173 700
-
-
Dividends
15 184
19 300
-
-
withholding
2 885
3 667
-
-
total
2 885
3 667
-
-
Income
193 000
193 000
193 000
193 000
Total tax
158 968
177 367
87 590
61 124
After tax
34 032
15 633
105 410
131 876
Living cost
21 733
21 733
21 733
21 733
Free-cash
12 299
-6 100
83 677
110 143

Estimated living cost  is ₽21733 per week

₽15819
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1239
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.
₽4267
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81753
₽61653
₽83760
₽84685
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
193 000
health
-
-
-
2 559
municipal
-
-
-
34 279
national
-
-
-
34 364
total
-
-
-
71 202
Employee
52 126
-
162 363
-
municipal
8 538
-
26 439
-
unemployment
782
-
2 435
-
pensions
3 518
-
10 959
-
national
861
-
20 752
-
health
389
-
2 087
-
total
14 088
-
62 672
-
Employer
52 126
-
162 363
-
health
400
-
1 250
-
pensions
9 044
-
28 170
-
accident
53
-
162
-
unemployment
338
-
1 055
-
total
9 835
-
30 637
-
Corporate
131 039
193 000
-
-
income
26 208
38 600
-
-
total
26 208
38 600
-
-
Dividends

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

78 623
115 800
-
-
municipal
14 152
20 843
-
-
national
5 994
13 766
-
-
total
20 146
34 609
-
-
Income
193 000
193 000
193 000
193 000
Total tax
70 277
73 209
93 309
71 202
After tax
122 723
119 791
99 691
121 798
Living cost
38 038
38 038
38 038
38 038
Free-cash
84 685
81 753
61 653
83 760

Estimated living cost  is ₽38038 per week

₽24846
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3659
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽605
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8929
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽117797
₽106404
₽108052
₽112405
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
193 000
income
-
-
-
41 057
social contributions
-
-
-
16 030
health
-
-
-
4 922
total
-
-
-
62 009
Employee
76 185
76 185
181 121
-
social contributions
2 880
6 323
8 528
-
income
8 295
7 052
40 171
-
health
590
1 295
3 080
-
total
11 765
14 670
51 779
-
Employer
76 185
76 185
181 121
-
health
641
1 410
3 350
-
social contributions
2 880
6 323
8 528
-
total
3 521
7 733
11 878
-
Corporate
154 774
109 082
-
-
income
19 347
13 635
-
-
total
19 347
13 635
-
-
Dividends
135 427
95 447
-
-
withholding
23 023
16 226
-
-
total
23 023
16 226
-
-
Income
193 000
193 000
193 000
193 000
Total tax
57 656
52 264
63 657
62 009
After tax
135 344
140 736
129 343
130 991
Living cost
22 939
22 939
22 939
22 939
Free-cash
112 405
117 797
106 404
108 052

Estimated living cost  is ₽22939 per week

₽13748
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2251
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6434
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽144092
₽127693
₽147566
₽139051
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
193 000
income
-
-
-
19 789
unemployment
-
-
-
28
health
-
-
-
3 585
pensions
-
-
-
6 302
total
-
-
-
29 704
Employee

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

22 741
-
183 317
-
unemployment
113
-
470
-
pensions
3 411
-
14 101
-
income
1 555
-
17 333
-
health
1 933
-
7 991
-
total
7 012
-
39 895
-
Employer

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

22 741
-
183 317
-
health
978
-
4 042
-
pensions
1 250
-
5 170
-
unemployment
113
-
470
-
total
2 341
-
9 682
-
Corporate
167 918
193 000
-
-
income
15 113
17 371
-
-
total
15 113
17 371
-
-
Dividends
152 805
175 629
-
-
withholding
13 753
15 807
-
-
total
13 753
15 807
-
-
Income
193 000
193 000
193 000
193 000
Total tax
38 219
33 178
49 577
29 704
After tax
154 781
159 822
143 423
163 296
Living cost
15 730
15 730
15 730
15 730
Free-cash
139 051
144 092
127 693
147 566

Estimated living cost  is ₽15730 per week

₽10036
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1134
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4091
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽101179
₽76702
₽80859
₽96802
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
193 000
accident
-
-
-
827
income
-
-
-
57 346
other
-
-
-
92
unemployment
-
-
-
643
pensions
-
-
-
25 988
total
-
-
-
84 896
Employee
36 634
-
163 724
-
other
36
-
92
-
unemployment
568
-
1 423
-
pensions
1 722
-
4 317
-
income
7 063
-
53 945
-
total
9 389
-
59 777
-
Employer
36 634
-
163 724
-
pensions
8 645
-
21 673
-
accident
726
-
1 818
-
unemployment
2 016
-
5 050
-
other
293
-
735
-
total
11 680
-
29 276
-
Corporate
144 686
193 000
-
-
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.

21 703
28 951
-
-
total
21 703
28 951
-
-
Dividends
122 983
164 049
-
-
withholding
26 181
35 625
-
-
total
26 181
35 625
-
-
Income
193 000
193 000
193 000
193 000
Total tax
68 953
64 576
89 053
84 896
After tax
124 047
128 424
103 947
108 104
Living cost
27 245
27 245
27 245
27 245
Free-cash
96 802
101 179
76 702
80 859

Estimated living cost  is ₽27245 per week

₽18390
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2619
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5759
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽118489
₽122228
₽122366
₽118170
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
193 000
income
-
-
-
66 247
health
-
-
-
1 027
pensions
-
-
-
1 417
total
-
-
-
68 691
Employee
2 959
-
191 406
-
unemployment
30
-
71
-
pensions
266
-
638
-
income
572
-
66 172
-
health
148
-
354
-
total
1 016
-
67 235
-
Employer
2 959
-
191 406
-
health
281
-
673
-
pensions
325
-
779
-
unemployment
59
-
142
-
total
665
-
1 594
-
Corporate
189 376
193 000
-
-
income
41 663
42 460
-
-
total
41 663
42 460
-
-
Dividends
147 713
150 540
-
-
withholding
29 543
30 108
-
-
total
29 543
30 108
-
-
Income
193 000
193 000
193 000
193 000
Total tax
72 887
72 568
68 829
68 691
After tax
120 113
120 432
124 171
124 309
Living cost
1 943
1 943
1 943
1 943
Free-cash
118 170
118 489
122 228
122 366

Estimated living cost  is ₽1943 per week

₽1154
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽157
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽44
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽586
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽122303
₽104065
₽104063
₽117427
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
193 000
income
-
-
-
44 110
unemployment
-
-
-
1 099
health
-
-
-
7 544
pensions
-
-
-
19 044
total
-
-
-
71 797
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.

25 846
-
179 889
-
unemployment
194
-
549
-
pensions
3 618
-
10 254
-
income
3 563
-
44 110
-
health
1 331
-
3 772
-
total
8 706
-
58 685
-
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.

25 846
-
179 889
-
health
1 331
-
3 772
-
pensions
3 101
-
8 789
-
unemployment
194
-
549
-
total
4 626
-
13 110
-
Corporate
162 528
193 000
-
-
income
24 379
28 950
-
-
total
24 379
28 950
-
-
Dividends
138 149
164 050
-
-
withholding
20 722
24 607
-
-
total
20 722
24 607
-
-
Income
193 000
193 000
193 000
193 000
Total tax
58 433
53 557
71 795
71 797
After tax
134 567
139 443
121 205
121 203
Living cost
17 140
17 140
17 140
17 140
Free-cash
117 427
122 303
104 065
104 063

Estimated living cost  is ₽17140 per week

₽11540
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1326
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3778
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83068
₽60832
₽75464
₽82710
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
193 000
income
-
-
-
23 759
surtax
-
-
-
-
social contributions

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

-
-
-
67 067
total
-
-
-
90 826
Employee
38 454
-
155 959
-
surtax
-
-
-
-
social contributions
4 230
-
17 155
-
income
7 514
-
51 262
-
total
11 744
-
68 417
-
Employer
38 454
-
155 959
-
social contributions
9 132
-
37 041
-
total
9 132
-
37 041
-
Corporate
145 414
193 000
-
-
income
30 538
40 531
-
-
surtax
-
-
-
-
total
30 538
40 531
-
-
Dividends
114 877
152 469
-
-
withholding
32 166
42 691
-
-
total
32 166
42 691
-
-
Income
193 000
193 000
193 000
193 000
Total tax
83 580
83 222
105 458
90 826
After tax
109 420
109 778
87 542
102 174
Living cost
26 710
26 710
26 710
26 710
Free-cash
82 710
83 068
60 832
75 464

Estimated living cost  is ₽26710 per week

₽18918
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1856
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5464
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93604
₽69127
₽73284
₽87119
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
193 000
accident
-
-
-
827
income
-
-
-
57 346
other
-
-
-
92
unemployment
-
-
-
643
pensions
-
-
-
25 988
total
-
-
-
84 896
Employee
47 849
-
163 724
-
other
47
-
92
-
unemployment
741
-
1 423
-
pensions
2 249
-
4 317
-
income
9 994
-
53 945
-
total
13 031
-
59 777
-
Employer
47 849
-
163 724
-
pensions
11 292
-
21 673
-
accident
948
-
1 818
-
unemployment
2 632
-
5 050
-
other
384
-
735
-
total
15 256
-
29 276
-
Corporate
129 895
193 000
-
-
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.

19 484
28 951
-
-
total
19 484
28 951
-
-
Dividends
110 411
164 049
-
-
withholding
23 290
35 625
-
-
total
23 290
35 625
-
-
Income
193 000
193 000
193 000
193 000
Total tax
71 061
64 576
89 053
84 896
After tax
121 939
128 424
103 947
108 104
Living cost
34 820
34 820
34 820
34 820
Free-cash
87 119
93 604
69 127
73 284

Estimated living cost  is ₽34820 per week

₽25006
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2707
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6616
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽147971
₽145532
₽137766
₽141934
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
193 000
income
-
-
-
28 950
unemployment
-
-
-
138
health
-
-
-
3 980
pensions

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

-
-
-
5 122
total
-
-
-
38 190
Employee
22 568
-
186 210
-
accident

We are using the highest rate at 1.1%.

248
-
381
-
pensions

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

1 981
-
3 039
-
income
2 257
-
18 621
-
health
1 038
-
1 592
-
total
5 524
-
23 633
-
Employer
22 568
-
186 210
-
health
1 557
-
2 388
-
pensions

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

2 487
-
3 814
-
accident

We are using the highest rate at 1.1%.

248
-
381
-
unemployment
136
-
208
-
total
4 428
-
6 791
-
Corporate
166 004
193 000
-
-
income
16 600
19 300
-
-
total
16 600
19 300
-
-
Dividends
149 403
173 700
-
-
withholding
7 470
8 685
-
-
total
7 470
8 685
-
-
Income
193 000
193 000
193 000
193 000
Total tax
34 022
27 985
30 424
38 190
After tax
158 978
165 015
162 576
154 810
Living cost
17 044
17 044
17 044
17 044
Free-cash
141 934
147 971
145 532
137 766

Estimated living cost  is ₽17044 per week

₽11273
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽976
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽407
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4389
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61045
₽82879
₽61793
₽74004
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
193 000
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.

-
-
-
61 707
surtax

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

-
-
-
3 394
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.

-
-
-
6 769
trade
-
-
-
21 086
total
-
-
-
92 956
Employee

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

49 297
-
193 000
-
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.

224
-
3 394
-
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.

4 054
-
61 707
-
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.

6 769
-
6 769
-
total
11 047
-
71 870
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
143 703
193 000
-
-
income
21 556
28 951
-
-
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.

1 186
1 592
-
-
chamber of commerce
361
434
-
-
trade
20 622
27 695
-
-
total
43 725
58 672
-
-
Dividends
99 978
134 328
-
-
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.

1 354
1 826
-
-
withholding
24 619
33 206
-
-
total
25 973
35 032
-
-
Income
193 000
193 000
193 000
193 000
Total tax
80 745
93 704
71 870
92 956
After tax
112 255
99 296
121 130
100 044
Living cost
38 251
38 251
38 251
38 251
Free-cash
74 004
61 045
82 879
61 793

Estimated living cost  is ₽38251 per week

₽26386
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4116
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.
₽7193
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78663
₽43112
₽43112
₽80849
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
193 000
income
-
-
-
60 823
social contributions
-
-
-
32 627
total
-
-
-
93 450
Employee
77 500
-
193 000
-
income
14 624
-
60 823
-
social contributions
6 439
-
32 627
-
total
21 063
-
93 450
-
Employer
77 500
-
193 000
-
total
-
-
-
-
Corporate
115 500
193 000
-
-
income
14 438
24 124
-
-
total
14 438
24 124
-
-
Dividends
101 062
168 876
-
-
withholding
20 212
33 775
-
-
total
20 212
33 775
-
-
Income
193 000
193 000
193 000
193 000
Total tax
55 713
57 899
93 450
93 450
After tax
137 287
135 101
99 550
99 550
Living cost
56 438
56 438
56 438
56 438
Free-cash
80 849
78 663
43 112
43 112

Estimated living cost  is ₽56438 per week

₽42937
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4599
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8363
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84251
₽100133
₽122054
₽87713
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
193 000
income
-
-
-
28 951
health

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

-
-
-
6 030
total
-
-
-
34 981
Employee
45 450
-
188 442
-
income
4 932
-
47 786
-
social contributions
4 554
-
4 558
-
total
9 486
-
52 344
-
Employer
45 450
-
188 442
-
social contributions
4 554
-
4 558
-
total
4 554
-
4 558
-
Corporate
142 996
193 000
-
-
income
50 048
67 550
-
-
total
50 048
67 550
-
-
Dividends
92 948
125 450
-
-
social contributions
5 234
5 234
-
-
total
5 234
5 234
-
-
Income
193 000
193 000
193 000
193 000
Total tax
69 322
72 784
56 902
34 981
After tax
123 678
120 216
136 098
158 019
Living cost
35 965
35 965
35 965
35 965
Free-cash
87 713
84 251
100 133
122 054

Estimated living cost  is ₽35965 per week

₽23690
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2835
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8888
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87614
₽72528
₽89888
₽93456
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
193 000
income
-
-
-
57 197
pensions
-
-
-
9 263
total
-
-
-
66 460
Employee
50 310
-
168 417
-
pensions
3 840
-
11 251
-
income
9 162
-
45 621
-
health
656
-
2 367
-
total
13 658
-
59 239
-
Employer
50 310
-
168 417
-
health
956
-
3 199
-
pensions
5 083
-
21 382
-
total
6 039
-
24 581
-
Corporate
136 650
193 000
-
-
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.

25 965
36 670
-
-
total
25 965
36 670
-
-
Dividends
110 686
156 330
-
-
withholding
17 230
32 064
-
-
total
17 230
32 064
-
-
Income
193 000
193 000
193 000
193 000
Total tax
62 892
68 734
83 820
66 460
After tax
130 108
124 266
109 180
126 540
Living cost
36 652
36 652
36 652
36 652
Free-cash
93 456
87 614
72 528
89 888

Estimated living cost  is ₽36652 per week

₽25143
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3371
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽459
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7678
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽8252
₽81525
₽107991
₽11970
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
193 000
accident
-
-
-
253
income
-
-
-
54 140
other
-
-
-
372
health
-
-
-
2 187
pensions
-
-
-
4 172
total
-
-
-
61 124
Employee
37 572
-
174 754
-
pensions
4 231
-
7 650
-
income
5 155
-
41 685
-
health
4 302
-
20 009
-
total
13 688
-
69 344
-
Employer
37 572
-
174 754
-
pensions
6 109
-
11 047
-
accident
627
-
2 918
-
unemployment
920
-
4 281
-
total
7 656
-
18 246
-
Corporate
147 771
193 000
-
-
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.

132 994
173 700
-
-
total
132 994
173 700
-
-
Dividends
14 777
19 300
-
-
withholding
2 807
3 667
-
-
total
2 807
3 667
-
-
Income
193 000
193 000
193 000
193 000
Total tax
157 145
177 367
87 590
61 124
After tax
35 855
15 633
105 410
131 876
Living cost
23 885
23 885
23 885
23 885
Free-cash
11 970
-8 252
81 525
107 991

Estimated living cost  is ₽23885 per week

₽17529
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1392
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.
₽4483
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽134261
₽125728
₽103941
₽144389
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
193 000
income
-
-
-
32 100
unemployment
-
-
-
1 901
work injury
-
-
-
792
health insurance
-
-
-
11 726
pensions
-
-
-
29 156
total
-
-
-
75 675
Employee

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

21 414
-
193 000
-
health insurance
1 585
-
5 863
-
unemployment
257
-
951
-
work injury
107
-
396
-
pensions
3 940
-
14 578
-
income
2 141
-
32 100
-
total
8 030
-
53 888
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
171 586
193 000
-
-
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%.

1 716
19 300
-
-
total
1 716
19 300
-
-
Dividends
169 870
173 700
-
-
withholding
25 481
26 055
-
-
total
25 481
26 055
-
-
Income
193 000
193 000
193 000
193 000
Total tax
35 227
45 355
53 888
75 675
After tax
157 773
147 645
139 112
117 325
Living cost
13 384
13 384
13 384
13 384
Free-cash
144 389
134 261
125 728
103 941

Estimated living cost  is ₽13384 per week

₽8291
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽973
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽418
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3702
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62190
₽40969
₽49381
₽57682
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
193 000
social contributions
-
-
-
49 587
regional
-
-
-
4 446
municipal
-
-
-
1 290
national
-
-
-
48 826
total
-
-
-
104 149
Employee
83 488
-
193 000
-
municipal
498
-
1 153
-
national
14 109
-
42 454
-
regional
1 260
-
3 944
-
social contributions
28 152
-
65 010
-
total
44 019
-
112 561
-
Employer
83 488
-
193 000
-
total
-
-
-
-
Corporate
109 512
193 000
-
-
municipal
5 278
9 303
-
-
nationa
26 283
46 320
-
-
total
31 561
55 623
-
-
Dividends
77 952
137 377
-
-
withholding
20 268
35 717
-
-
total
20 268
35 717
-
-
Income
193 000
193 000
193 000
193 000
Total tax
95 848
91 340
112 561
104 149
After tax
97 152
101 660
80 439
88 851
Living cost
39 470
39 470
39 470
39 470
Free-cash
57 682
62 190
40 969
49 381

Estimated living cost  is ₽39470 per week

₽27725
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2715
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽596
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8433
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

Close
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