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
₽79063
₽68575
₽91820
₽68366
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
23 454
income

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

-
-
-
62 538
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.

-
-
-
6 479
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.

-
-
-
3 439
total
-
-
-
95 910
Employee

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

36 271
-
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.

56
-
3 439
-
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.

6 479
-
6 479
-
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.

1 013
-
62 538
-
total
7 548
-
72 456
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
156 729
193 000
-
-
trade
24 685
30 397
-
-
income
23 510
28 950
-
-
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.

1 294
1 593
-
-
chamber of commerce
369
421
-
-
total
49 858
61 361
-
-
Dividends
106 871
131 639
-
-
withholding
26 357
32 549
-
-
surtax

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

1 450
1 791
-
-
total
27 807
34 340
-
-
Income
193 000
193 000
193 000
193 000
Total tax
85 213
95 701
72 456
95 910
After tax
107 787
97 299
120 544
97 090
Living cost
28 724
28 724
28 724
28 724
Free-cash
79 063
68 575
91 820
68 366

Estimated living cost  is ₽28724 per week

₽18068
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3349
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6770
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71184
₽71990
₽64130
₽63095
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
23 160
municipal
-
-
-
21 318
national
-
-
-
34 910
total
-
-
-
81 463
Employee
75 095
-
166 847
-
national
14 373
-
36 547
-
municipal
9 275
-
22 065
-
pensions
3 004
-
6 674
-
total
26 652
-
65 286
-
Employer
75 095
-
166 847
-
pensions
6 008
-
13 348
-
social contributions
807
-
1 794
-
total
6 815
-
15 142
-
Corporate
106 134
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%.

21 227
38 600
-
-
total
21 227
38 600
-
-
Dividends
84 907
154 400
-
-
withholding
18 680
33 968
-
-
total
18 680
33 968
-
-
Income
193 000
193 000
193 000
193 000
Total tax
73 374
72 568
80 428
81 463
After tax
119 626
120 432
112 572
111 537
Living cost
48 442
48 442
48 442
48 442
Free-cash
71 184
71 990
64 130
63 095

Estimated living cost  is ₽48442 per week

₽32926
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4503
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽725
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10288
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽126891
₽134671
₽63111
₽49103
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions

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

-
-
-
36 334
income
-
-
-
38 619
microenterprise
-
-
-
-
surtax
-
-
-
49 215
total
-
-
-
124 168
Employee
27 710
-
149 345
-
surtax
-
-
21 655
-
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.

3 049
-
12 432
-
income
4 933
-
32 418
-
total
7 982
-
66 505
-
Employer
27 710
-
149 345
-
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.

6 675
-
27 226
-
surtax
-
-
16 429
-
total
6 675
-
43 655
-
Corporate
158 615
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%.

31 723
38 600
-
-
total
31 723
38 600
-
-
Dividends

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

126 892
154 400
-
-
total
-
-
-
-
Income
193 000
193 000
193 000
193 000
Total tax
46 380
38 600
110 160
124 168
After tax
146 620
154 400
82 840
68 832
Living cost
19 729
19 729
19 729
19 729
Free-cash
126 891
134 671
63 111
49 103

Estimated living cost  is ₽19729 per week

₽12586
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1879
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4816
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50405
₽56215
₽83672
₽65018
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
65 451
pensions
-
-
-
11 111
health
-
-
-
11 694
total
-
-
-
88 256
Employee
80 982
80 982
175 377
-
health
12 430
10 573
11 694
-
pensions
14 577
11 111
11 111
-
income

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

13 255
13 255
29 173
-
total
40 262
34 939
51 978
-
Employer
80 982
80 982
175 377
-
pensions
5 636
5 636
7 006
-
unemployment
2 915
2 915
3 623
-
health
5 629
5 629
6 995
-
total
14 180
14 180
17 624
-
Corporate
98 831
97 837
-
-
income
19 767
19 567
-
-
total
19 767
19 567
-
-
Dividends
79 064
78 270
-
-
withholding
11 859
11 741
-
-
income
16 801
16 632
-
-
total
28 660
28 373
-
-
Income
193 000
193 000
193 000
193 000
Total tax
102 869
97 059
69 602
88 256
After tax
90 131
95 941
123 398
104 744
Living cost
39 726
39 726
39 726
39 726
Free-cash
50 405
56 215
83 672
65 018

Estimated living cost  is ₽39726 per week

₽28153
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3581
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽632
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7360
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65303
₽66184
₽57726
₽58677
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 982
unemployment
-
-
-
86
pensions
-
-
-
9 286
municipal
-
-
-
50 132
accident
-
-
-
172
national
-
-
-
20 111
health
-
-
-
5 360
total
-
-
-
95 129
Employee
55 848
-
166 010
-
national
-
-
19 585
-
municipal
16 654
-
49 504
-
total
16 654
-
69 089
-
Employer
55 848
-
166 010
-
other
6 490
-
9 982
-
accident
112
-
172
-
pensions
6 037
-
9 286
-
unemployment
1 474
-
2 268
-
health
3 435
-
5 283
-
total
17 548
-
26 991
-
Corporate
119 605
193 000
-
-
income
26 313
42 460
-
-
total
26 313
42 460
-
-
Dividends
93 292
150 540
-
-
withholding
27 988
45 162
-
-
total
27 988
45 162
-
-
Income
193 000
193 000
193 000
193 000
Total tax
88 503
87 622
96 080
95 129
After tax
104 497
105 378
96 920
97 871
Living cost
39 194
39 194
39 194
39 194
Free-cash
65 303
66 184
57 726
58 677

Estimated living cost  is ₽39194 per week

₽25976
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3846
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽595
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8777
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72376
₽59052
₽83290
₽58794
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
24 496
income

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

-
-
-
62 538
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.

-
-
-
6 479
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.

-
-
-
3 439
total
-
-
-
96 952
Employee

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

48 091
-
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.

227
-
3 439
-
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.

6 479
-
6 479
-
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.

4 132
-
62 538
-
total
10 838
-
72 456
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
144 909
193 000
-
-
trade
23 837
31 748
-
-
income
21 736
28 950
-
-
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.

1 195
1 593
-
-
chamber of commerce
351
419
-
-
total
47 119
62 710
-
-
Dividends
97 790
130 289
-
-
withholding
24 088
32 213
-
-
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.

1 325
1 771
-
-
total
25 413
33 984
-
-
Income
193 000
193 000
193 000
193 000
Total tax
83 370
96 694
72 456
96 952
After tax
109 630
96 306
120 544
96 048
Living cost
37 254
37 254
37 254
37 254
Free-cash
72 376
59 052
83 290
58 794

Estimated living cost  is ₽37254 per week

₽24915
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3929
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7853
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽106022
₽109952
₽98230
₽99857
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 343
income
-
-
-
42 120
health
-
-
-
4 922
total
-
-
-
62 385
Employee
72 921
72 921
181 479
-
health
725
1 240
3 085
-
social contributions
3 543
6 052
8 163
-
income
7 657
6 750
41 243
-
total
11 925
14 042
52 491
-
Employer
72 921
72 921
181 479
-
social contributions
3 543
6 052
8 163
-
health
790
1 350
3 358
-
total
4 333
7 402
11 521
-
Corporate
145 982
112 678
-
-
income
18 248
14 085
-
-
total
18 248
14 085
-
-
Dividends
127 734
98 592
-
-
withholding
21 714
16 761
-
-
total
21 714
16 761
-
-
Income
193 000
193 000
193 000
193 000
Total tax
56 220
52 290
64 012
62 385
After tax
136 780
140 710
128 988
130 615
Living cost
30 758
30 758
30 758
30 758
Free-cash
106 022
109 952
98 230
99 857

Estimated living cost  is ₽30758 per week

₽21026
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2402
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽516
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6813
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91125
₽90758
₽94271
₽116089
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
2 895
income
-
-
-
23 594
pensions
-
-
-
19 300
health
-
-
-
13 510
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.

25 424
10 118
161 506
-
unemployment
381
152
2 423
-
health
1 780
708
11 305
-
pensions
2 542
1 012
16 151
-
income
3 108
1 237
19 744
-
total
7 811
3 109
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.

25 424
10 118
161 506
-
pensions
4 958
1 973
31 494
-
total
4 958
1 973
31 494
-
Corporate
162 618
180 909
-
-
income
14 636
16 282
-
-
total
14 636
16 282
-
-
Dividends
147 983
164 627
-
-
withholding
28 117
31 279
-
-
social contributions
28 741
31 987
-
-
total
56 858
63 266
-
-
Income
193 000
193 000
193 000
193 000
Total tax
84 263
84 630
81 117
59 299
After tax
108 737
108 370
111 883
133 701
Living cost
17 612
17 612
17 612
17 612
Free-cash
91 125
90 758
94 271
116 089

Estimated living cost  is ₽17612 per week

₽12019
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1441
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽352
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3801
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽125603
₽131495
₽88337
₽80543
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
38 600
health
-
-
-
25 090
total
-
-
-
89 552
Employee
26 902
-
144 245
-
unemployment
430
-
2 307
-
pensions
538
-
2 885
-
income
3 029
-
27 811
-
total
3 997
-
33 003
-
Employer
26 902
-
144 245
-
pensions
5 381
-
28 849
-
unemployment
216
-
1 154
-
health
3 497
-
18 752
-
total
9 094
-
48 755
-
Corporate
157 005
193 000
-
-
income
31 401
38 600
-
-
total
31 401
38 600
-
-
Dividends
125 603
154 400
-
-
total
-
-
-
-
Income
193 000
193 000
193 000
193 000
Total tax
44 492
38 600
81 758
89 552
After tax
148 508
154 400
111 242
103 448
Living cost
22 905
22 905
22 905
22 905
Free-cash
125 603
131 495
88 337
80 543

Estimated living cost  is ₽22905 per week

₽15710
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1364
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5370
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12372
-₽5630
₽84370
₽110591
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
358
income
-
-
-
54 415
pensions
-
-
-
4 021
accident
-
-
-
244
health
-
-
-
2 108
total
-
-
-
61 146
Employee
33 448
-
175 136
-
health
3 830
-
20 053
-
pensions
3 766
-
7 374
-
income
4 589
-
42 076
-
total
12 185
-
69 503
-
Employer
33 448
-
175 136
-
accident
558
-
2 925
-
pensions
5 439
-
10 648
-
unemployment
819
-
4 291
-
total
6 816
-
17 864
-
Corporate
152 736
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.

137 462
173 700
-
-
total
137 462
173 700
-
-
Dividends
15 274
19 300
-
-
withholding
2 902
3 667
-
-
total
2 902
3 667
-
-
Income
193 000
193 000
193 000
193 000
Total tax
159 365
177 367
87 367
61 146
After tax
33 635
15 633
105 633
131 854
Living cost
21 263
21 263
21 263
21 263
Free-cash
12 372
-5 630
84 370
110 591

Estimated living cost  is ₽21263 per week

₽15584
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1178
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽444
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4058
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽174195
₽175640
₽146690
₽183360
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 637
-
193 000
-
income
1 927
-
38 600
-
total
1 927
-
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%.

183 363
193 000
-
-
total
-
-
-
-
Dividends
183 363
193 000
-
-
withholding
9 168
9 650
-
-
total
9 168
9 650
-
-
Income
193 000
193 000
193 000
193 000
Total tax
11 095
9 650
38 600
1 930
After tax
181 905
183 350
154 400
191 070
Living cost
7 710
7 710
7 710
7 710
Free-cash
174 195
175 640
146 690
183 360

Estimated living cost  is ₽7710 per week

₽4778
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽641
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽212
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2079
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽110124
₽116527
₽85999
₽87640
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 849
income
-
-
-
32 287
pensions

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

-
-
-
34 610
health
-
-
-
6 345
total
-
-
-
80 091
Employee
34 432
-
156 562
-
unemployment
344
-
1 441
-
health
482
-
2 019
-
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.

2 410
-
10 094
-
income
5 928
-
31 740
-
total
9 164
-
45 294
-
Employer
34 432
-
156 562
-
other
1 722
-
7 209
-
accident
275
-
1 253
-
pensions

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

5 854
-
24 516
-
unemployment
344
-
1 441
-
health
482
-
2 019
-
total
8 677
-
36 438
-
Corporate
149 890
193 000
-
-
income
31 477
40 531
-
-
total
31 477
40 531
-
-
Dividends
118 413
152 469
-
-
withholding
8 289
10 673
-
-
total
8 289
10 673
-
-
Income
193 000
193 000
193 000
193 000
Total tax
57 607
51 204
81 732
80 091
After tax
135 393
141 796
111 268
112 909
Living cost
25 269
25 269
25 269
25 269
Free-cash
110 124
116 527
85 999
87 640

Estimated living cost  is ₽25269 per week

₽17854
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1706
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽5302
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68465
₽60975
₽46268
₽63578
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
58 252
pensions
-
-
-
8 952
total
-
-
-
67 204
Employee
88 029
-
168 328
-
health
1 451
-
2 328
-
pensions
8 492
-
10 798
-
income
15 868
-
46 716
-
total
25 811
-
59 842
-
Employer
88 029
-
168 328
-
pensions
10 394
-
21 474
-
health
1 672
-
3 198
-
total
12 066
-
24 672
-
Corporate
92 905
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.

17 653
36 670
-
-
total
17 653
36 670
-
-
Dividends
75 252
156 330
-
-
withholding
6 787
33 137
-
-
total
6 787
33 137
-
-
Income
193 000
193 000
193 000
193 000
Total tax
62 317
69 807
84 514
67 204
After tax
130 683
123 193
108 486
125 796
Living cost
62 218
62 218
62 218
62 218
Free-cash
68 465
60 975
46 268
63 578

Estimated living cost  is ₽62218 per week

₽46621
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7310
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽506
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7781
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽148191
₽152592
₽150641
₽142791
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
132
income
-
-
-
28 950
pensions

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

-
-
-
4 898
health
-
-
-
3 806
total
-
-
-
37 786
Employee
16 449
-
186 507
-
accident

We are using the highest rate at 1.1%.

181
-
364
-
health
757
-
1 522
-
pensions

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

1 444
-
2 906
-
income
1 645
-
18 650
-
total
4 027
-
23 442
-
Employer
16 449
-
186 507
-
accident

We are using the highest rate at 1.1%.

181
-
364
-
pensions

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

1 813
-
3 647
-
unemployment
98
-
199
-
health
1 135
-
2 284
-
total
3 227
-
6 494
-
Corporate
173 323
193 000
-
-
income
17 332
19 300
-
-
total
17 332
19 300
-
-
Dividends
155 991
173 700
-
-
withholding
7 800
8 685
-
-
total
7 800
8 685
-
-
Income
193 000
193 000
193 000
193 000
Total tax
32 386
27 985
29 936
37 786
After tax
160 614
165 015
163 064
155 214
Living cost
12 423
12 423
12 423
12 423
Free-cash
148 191
152 592
150 641
142 791

Estimated living cost  is ₽12423 per week

₽7253
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽887
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽329
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3954
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45741
₽43356
₽70813
₽52159
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
65 451
pensions
-
-
-
11 111
health
-
-
-
11 694
total
-
-
-
88 256
Employee
87 920
80 982
175 377
-
health
10 969
10 573
11 694
-
pensions
11 111
11 111
11 111
-
income

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

13 255
13 255
29 173
-
total
35 335
34 939
51 978
-
Employer
87 920
80 982
175 377
-
pensions
6 119
5 636
7 006
-
unemployment
3 165
2 915
3 623
-
health
6 110
5 629
6 995
-
total
15 394
14 180
17 624
-
Corporate
89 686
97 837
-
-
income
17 937
19 567
-
-
total
17 937
19 567
-
-
Dividends
71 749
78 270
-
-
withholding
10 762
11 741
-
-
income
15 246
16 632
-
-
total
26 008
28 373
-
-
Income
193 000
193 000
193 000
193 000
Total tax
94 674
97 059
69 602
88 256
After tax
98 326
95 941
123 398
104 744
Living cost
52 585
52 585
52 585
52 585
Free-cash
45 741
43 356
70 813
52 159

Estimated living cost  is ₽52585 per week

₽38790
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4697
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽603
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8496
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽100847
₽109270
₽80096
₽88252
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
33 974
income
-
-
-
19 946
health
-
-
-
26 055
solidarity contribution
-
-
-
1 163
total
-
-
-
81 138
Employee
34 721
-
150 378
-
solidarity contribution
-
-
432
-
health
4 687
-
20 301
-
social contributions
2 257
-
7 563
-
income
4 167
-
18 377
-
total
11 111
-
46 673
-
Employer
34 721
-
150 378
-
social contributions
8 680
-
29 087
-
health
3 125
-
13 534
-
total
11 805
-
42 621
-
Corporate
146 474
193 000
-
-
income
27 830
36 670
-
-
total
27 830
36 670
-
-
Dividends
118 644
156 330
-
-
withholding
17 797
23 450
-
-
total
17 797
23 450
-
-
Income
193 000
193 000
193 000
193 000
Total tax
68 543
60 120
89 294
81 138
After tax
124 457
132 880
103 706
111 862
Living cost
23 610
23 610
23 610
23 610
Free-cash
100 847
109 270
80 096
88 252

Estimated living cost  is ₽23610 per week

₽16400
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1680
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽464
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5066
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58009
₽62958
₽43601
₽51724
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
2 344
social contributions
-
-
-
47 463
municipal
-
-
-
1 164
national
-
-
-
50 290
total
-
-
-
101 261
Employee
84 280
-
193 000
-
national
14 604
-
44 025
-
regional
795
-
2 088
-
municipal
446
-
1 046
-
social contributions
28 419
-
62 225
-
total
44 264
-
109 384
-
Employer
84 280
-
193 000
-
total
-
-
-
-
Corporate
108 720
193 000
-
-
nationa
26 092
46 320
-
-
municipal
4 240
7 528
-
-
total
30 332
53 848
-
-
Dividends
78 388
139 152
-
-
withholding
20 380
36 179
-
-
total
20 380
36 179
-
-
Income
193 000
193 000
193 000
193 000
Total tax
94 976
90 027
109 384
101 261
After tax
98 024
102 973
83 616
91 739
Living cost
40 015
40 015
40 015
40 015
Free-cash
58 009
62 958
43 601
51 724

Estimated living cost  is ₽40015 per week

₽27894
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2624
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽614
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8883
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97518
₽100472
₽64263
₽70063
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
unemployment
-
-
-
216
income
-
-
-
58 001
pensions
-
-
-
25 313
health
-
-
-
8 985
surtax
-
-
-
9 496
total
-
-
-
102 011
Employee
31 360
-
166 359
-
surtax
103
-
8 363
-
unemployment
2 183
-
8 809
-
other
-
-
-
-
health
801
-
3 227
-
pensions
2 091
-
8 442
-
income
5 257
-
52 329
-
total
10 435
-
81 170
-
Employer
31 360
-
166 359
-
other
-
-
-
-
pensions
4 180
-
16 871
-
unemployment
993
-
4 011
-
health
1 427
-
5 759
-
total
6 600
-
26 641
-
Corporate
155 039
193 000
-
-
income
40 311
50 180
-
-
total
40 311
50 180
-
-
Dividends
114 728
142 820
-
-
withholding
17 210
21 422
-
-
total
17 210
21 422
-
-
Income
193 000
193 000
193 000
193 000
Total tax
74 556
71 602
107 811
102 011
After tax
118 444
121 398
85 189
90 989
Living cost
20 926
20 926
20 926
20 926
Free-cash
97 518
100 472
64 263
70 063

Estimated living cost  is ₽20926 per week

₽12795
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1931
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽482
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5717
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86834
₽80687
₽65980
₽83290
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
58 252
pensions
-
-
-
8 952
total
-
-
-
67 204
Employee
58 995
-
168 328
-
health
856
-
2 328
-
pensions
5 007
-
10 798
-
income
10 625
-
46 716
-
total
16 488
-
59 842
-
Employer
58 995
-
168 328
-
pensions
6 386
-
21 474
-
health
1 121
-
3 198
-
total
7 507
-
24 672
-
Corporate
126 498
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.

24 035
36 670
-
-
total
24 035
36 670
-
-
Dividends
102 463
156 330
-
-
withholding
15 630
33 137
-
-
total
15 630
33 137
-
-
Income
193 000
193 000
193 000
193 000
Total tax
63 660
69 807
84 514
67 204
After tax
129 340
123 193
108 486
125 796
Living cost
42 506
42 506
42 506
42 506
Free-cash
86 834
80 687
65 980
83 290

Estimated living cost  is ₽42506 per week

₽31845
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3186
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽445
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7030
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽45377
₽13309
₽71542
₽79677
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
3 859
city
-
-
-
2 035
regional
-
-
-
10 181
pensions
-
-
-
17 757
national
-
-
-
4 111
health
-
-
-
435
total
-
-
-
38 378
Employee
87 705
-
173 068
-
national
415
-
3 164
-
unemployment
-
-
-
-
city
941
-
1 863
-
regional
2 872
-
8 889
-
health
198
-
389
-
pensions
7 368
-
14 179
-
total
11 794
-
28 484
-
Employer
87 705
-
173 068
-
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.

1 754
-
3 461
-
pensions
7 368
-
14 179
-
unemployment
-
-
-
-
health
198
-
389
-
total
9 320
-
18 029
-
Corporate
95 010
193 000
-
-
regional
20 094
40 819
-
-
national
8 077
16 406
-
-
total
28 171
57 225
-
-
Dividends
66 840
135 775
-
-
withholding
23 393
47 521
-
-
total
23 393
47 521
-
-
Income
193 000
193 000
193 000
193 000
Total tax
72 678
104 746
46 513
38 378
After tax
120 322
88 254
146 487
154 622
Living cost
74 945
74 945
74 945
74 945
Free-cash
45 377
13 309
71 542
79 677

Estimated living cost  is ₽74945 per week

₽48736
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6726
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽920
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18563
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽67247
₽51871
₽77101
₽51563
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
25 538
income

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

-
-
-
62 538
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.

-
-
-
6 479
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.

-
-
-
3 439
total
-
-
-
97 994
Employee

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

56 992
-
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.

369
-
3 439
-
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.

6 479
-
6 479
-
income

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

6 702
-
62 538
-
total
13 550
-
72 456
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
136 008
193 000
-
-
trade
23 325
33 100
-
-
income
20 402
28 950
-
-
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.

1 123
1 593
-
-
chamber of commerce
335
416
-
-
total
45 185
64 059
-
-
Dividends
90 824
128 942
-
-
withholding
22 346
31 874
-
-
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.

1 229
1 753
-
-
total
23 575
33 627
-
-
Income
193 000
193 000
193 000
193 000
Total tax
82 310
97 686
72 456
97 994
After tax
110 690
95 314
120 544
95 006
Living cost
43 443
43 443
43 443
43 443
Free-cash
67 247
51 871
77 101
51 563

Estimated living cost  is ₽43443 per week

₽31729
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3475
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7675
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70427
₽64828
₽70565
₽74927
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 984
social contributions
-
-
-
5 500
income
-
-
-
33 231
pensions
-
-
-
31 940
health
-
-
-
8 973
surtax
-
-
-
-
total
-
-
-
85 628
Employee
40 586
-
148 102
-
surtax
-
-
-
-
pensions
4 589
-
10 823
-
social contributions
1 157
-
4 220
-
income
2 395
-
30 047
-
total
8 141
-
45 090
-
Employer
40 586
-
148 102
-
other
1 400
-
6 001
-
pensions
6 668
-
18 130
-
unemployment
1 643
-
5 998
-
social contributions
122
-
445
-
health
2 842
-
14 326
-
total
12 675
-
44 900
-
Corporate
139 739
193 000
-
-
income
39 127
54 040
-
-
surtax
-
-
-
-
total
39 127
54 040
-
-
Dividends
100 612
138 960
-
-
withholding
12 878
17 787
-
-
social contributions
17 307
23 900
-
-
surtax
-
-
-
-
total
30 185
41 687
-
-
Income
193 000
193 000
193 000
193 000
Total tax
90 128
95 727
89 990
85 628
After tax
102 872
97 273
103 010
107 372
Living cost
32 445
32 445
32 445
32 445
Free-cash
70 427
64 828
70 565
74 927

Estimated living cost  is ₽32445 per week

₽20458
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2638
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽552
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8798
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73309
₽68043
₽73780
₽78142
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 984
social contributions
-
-
-
5 500
income
-
-
-
33 231
pensions
-
-
-
31 940
health
-
-
-
8 973
surtax
-
-
-
-
total
-
-
-
85 628
Employee
36 229
-
148 102
-
surtax
-
-
-
-
pensions
4 098
-
10 823
-
social contributions
1 033
-
4 220
-
income
1 868
-
30 047
-
total
6 999
-
45 090
-
Employer
36 229
-
148 102
-
other
1 251
-
6 001
-
pensions
5 953
-
18 130
-
unemployment
1 467
-
5 998
-
social contributions
108
-
445
-
health
2 536
-
14 326
-
total
11 315
-
44 900
-
Corporate
145 457
193 000
-
-
income
40 728
54 040
-
-
surtax
-
-
-
-
total
40 728
54 040
-
-
Dividends
104 729
138 960
-
-
withholding
13 405
17 787
-
-
social contributions
18 014
23 900
-
-
surtax
-
-
-
-
total
31 419
41 687
-
-
Income
193 000
193 000
193 000
193 000
Total tax
90 461
95 727
89 990
85 628
After tax
102 539
97 273
103 010
107 372
Living cost
29 230
29 230
29 230
29 230
Free-cash
73 309
68 043
73 780
78 142

Estimated living cost  is ₽29230 per week

₽16952
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2969
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽554
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8755
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98129
₽97638
₽99093
₽103835
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 634
income
-
-
-
28 950
health
-
-
-
13 472
total
-
-
-
69 056
Employee
32 153
-
193 000
-
health
2 244
-
13 472
-
social contributions
4 438
-
26 634
-
income
5 363
-
33 692
-
total
12 045
-
73 798
-
Employer
32 153
-
193 000
-
total
-
-
-
-
Corporate
160 847
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%.

8 042
9 649
-
-
total
8 042
9 649
-
-
Dividends
152 804
183 351
-
-
health
10 666
12 799
-
-
withholding
22 921
27 503
-
-
social contributions
21 088
25 302
-
-
total
54 675
65 604
-
-
Income
193 000
193 000
193 000
193 000
Total tax
74 762
75 253
73 798
69 056
After tax
118 238
117 747
119 202
123 944
Living cost
20 109
20 109
20 109
20 109
Free-cash
98 129
97 638
99 093
103 835

Estimated living cost  is ₽20109 per week

₽13457
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1240
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4947
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71656
₽73123
₽17394
₽65713
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
772
unemployment
-
-
-
5 816
income
-
-
-
58 127
pensions
-
-
-
20 496
health
-
-
-
8 474
surtax
-
-
-
187
total
-
-
-
93 872
Employee
47 392
37 792
157 517
-
unemployment
1 422
1 134
3 324
-
other
473
378
1 109
-
health
1 834
1 463
4 287
-
pensions
4 854
3 869
11 345
-
income
5 395
2 788
48 163
-
total
13 978
9 632
68 228
-
Employer
47 392
37 792
157 517
-
payroll
1 422
1 134
4 726
-
other
2 251
1 794
7 085
-
accident
615
491
1 440
-
pensions
5 948
4 744
13 904
-
unemployment
1 422
1 134
3 324
-
chamber of commerce
189
151
630
-
surtax
187
187
187
-
health
1 791
1 429
4 188
-
total
13 825
11 064
35 484
-
Corporate
131 783
144 145
153 918
-
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.

32 945
36 037
38 479
-
total
32 945
36 037
38 479
-
Dividends
98 838
108 108
-
-
withholding
27 181
29 729
-
-
total
27 181
29 729
-
-
Income
193 000
193 000
193 000
193 000
Total tax
87 929
86 462
142 191
93 872
After tax
105 071
106 538
50 809
99 128
Living cost
33 415
33 415
33 415
33 415
Free-cash
71 656
73 123
17 394
65 713

Estimated living cost  is ₽33415 per week

₽22286
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2851
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽549
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7729
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59087
₽72471
₽31926
₽49263
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 643
national
-
-
-
75 355
communal

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

-
-
-
10 162
total
-
-
-
109 160
Employee

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

67 833
-
149 482
-
national
20 855
-
55 649
-
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.

590
-
1 301
-
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.

3 187
-
7 026
-
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.

5 087
-
11 211
-
communal

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

3 538
-
7 796
-
total
33 257
-
82 983
-
Employer

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

67 833
-
149 482
-
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.

882
-
1 944
-
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.

6 011
-
13 243
-
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.

990
-
2 183
-
surtax
7 691
-
16 952
-
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.

4 171
-
9 192
-
total
19 745
-
43 514
-
Corporate
105 422
193 000
-
-
income
21 084
39 773
-
-
surtax
421
795
-
-
total
21 505
40 568
-
-
Dividends
83 916
152 432
-
-
withholding

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

24 829
45 384
-
-
total
24 829
45 384
-
-
Income
193 000
193 000
193 000
193 000
Total tax
99 336
85 952
126 497
109 160
After tax
93 664
107 048
66 503
83 840
Living cost
34 577
34 577
34 577
34 577
Free-cash
59 087
72 471
31 926
49 263

Estimated living cost  is ₽34577 per week

₽22272
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3023
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽542
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8741
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87590
₽94086
₽69794
₽73774
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
88
unemployment
-
-
-
615
income
-
-
-
58 610
pensions
-
-
-
24 874
accident
-
-
-
792
total
-
-
-
84 979
Employee
47 205
-
164 978
-
unemployment
732
-
1 362
-
other
47
-
88
-
pensions
2 219
-
4 132
-
income
9 960
-
55 355
-
total
12 958
-
60 937
-
Employer
47 205
-
164 978
-
other
376
-
704
-
accident
934
-
1 740
-
pensions
11 140
-
20 744
-
unemployment
2 597
-
4 834
-
total
15 047
-
28 022
-
Corporate
130 749
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.

19 612
28 950
-
-
total
19 612
28 950
-
-
Dividends
111 137
164 050
-
-
withholding
23 546
35 717
-
-
total
23 546
35 717
-
-
Income
193 000
193 000
193 000
193 000
Total tax
71 163
64 667
88 959
84 979
After tax
121 837
128 333
104 041
108 021
Living cost
34 247
34 247
34 247
34 247
Free-cash
87 590
94 086
69 794
73 774

Estimated living cost  is ₽34247 per week

₽25220
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2429
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽493
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6104
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46504
₽59352
₽48675
₽40979
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
34 604
pensions
-
-
-
28 929
accident
-
-
-
1 627
communal
-
-
-
12 198
health
-
-
-
13 560
surtax
-
-
-
9 568
total
-
-
-
100 486
Employee
71 815
-
172 400
-
surtax
4 402
-
10 565
-
health
3 196
-
7 670
-
pensions
5 744
-
13 792
-
income
6 937
-
40 163
-
total
20 279
-
72 190
-
Employer
71 815
-
172 400
-
accident
646
-
1 551
-
pensions
5 744
-
13 792
-
health
2 190
-
5 257
-
total
8 580
-
20 600
-
Corporate
112 605
193 000
-
-
income
16 891
28 950
-
-
communal
7 601
13 027
-
-
surtax
1 182
2 026
-
-
total
25 674
44 003
-
-
Dividends
86 930
148 996
-
-
withholding
13 040
22 349
-
-
income
27 388
15 761
-
-
total
40 428
38 110
-
-
Income
193 000
193 000
193 000
193 000
Total tax
94 961
82 113
92 790
100 486
After tax
98 039
110 887
100 210
92 514
Living cost
51 535
51 535
51 535
51 535
Free-cash
46 504
59 352
48 675
40 979

Estimated living cost  is ₽51535 per week

₽38659
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3122
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9207
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97080
₽100098
₽63889
₽69689
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
unemployment
-
-
-
216
income
-
-
-
58 001
pensions
-
-
-
25 313
health
-
-
-
8 985
surtax
-
-
-
9 496
total
-
-
-
102 011
Employee
31 936
-
166 359
-
surtax
113
-
8 363
-
unemployment
2 223
-
8 809
-
other
-
-
-
-
health
815
-
3 227
-
pensions
2 131
-
8 442
-
income
5 354
-
52 329
-
total
10 636
-
81 170
-
Employer
31 936
-
166 359
-
other
-
-
-
-
pensions
4 258
-
16 871
-
unemployment
1 013
-
4 011
-
health
1 452
-
5 759
-
total
6 723
-
26 641
-
Corporate
154 341
193 000
-
-
income
40 129
50 180
-
-
total
40 129
50 180
-
-
Dividends
114 212
142 820
-
-
withholding
17 132
21 422
-
-
total
17 132
21 422
-
-
Income
193 000
193 000
193 000
193 000
Total tax
74 620
71 602
107 811
102 011
After tax
118 380
121 398
85 189
90 989
Living cost
21 300
21 300
21 300
21 300
Free-cash
97 080
100 098
63 889
69 689

Estimated living cost  is ₽21300 per week

₽12860
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1852
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6095
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73793
₽75900
₽57504
₽65584
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
2 954
social contributions
-
-
-
47 463
municipal
-
-
-
1 164
national
-
-
-
50 290
total
-
-
-
101 871
Employee
52 604
-
193 000
-
national
8 334
-
44 025
-
regional
708
-
2 655
-
municipal
279
-
1 046
-
social contributions
17 739
-
62 225
-
total
27 060
-
109 951
-
Employer
52 604
-
193 000
-
total
-
-
-
-
Corporate
140 396
193 000
-
-
nationa
33 696
46 320
-
-
municipal
6 977
9 592
-
-
total
40 673
55 912
-
-
Dividends
99 723
137 088
-
-
withholding
25 929
35 643
-
-
total
25 929
35 643
-
-
Income
193 000
193 000
193 000
193 000
Total tax
93 662
91 555
109 951
101 871
After tax
99 338
101 445
83 049
91 129
Living cost
25 545
25 545
25 545
25 545
Free-cash
73 793
75 900
57 504
65 584

Estimated living cost  is ₽25545 per week

₽15887
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2588
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽437
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6633
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93407
₽103786
₽74612
₽82768
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
33 974
income
-
-
-
19 946
health
-
-
-
26 055
solidarity contribution
-
-
-
1 163
total
-
-
-
81 138
Employee
42 785
-
150 378
-
solidarity contribution
-
-
432
-
health
5 776
-
20 301
-
social contributions
2 781
-
7 563
-
income
5 134
-
18 377
-
total
13 691
-
46 673
-
Employer
42 785
-
150 378
-
social contributions
10 696
-
29 087
-
health
3 851
-
13 534
-
total
14 547
-
42 621
-
Corporate
135 668
193 000
-
-
income
25 777
36 670
-
-
total
25 777
36 670
-
-
Dividends
109 891
156 330
-
-
withholding
16 484
23 450
-
-
total
16 484
23 450
-
-
Income
193 000
193 000
193 000
193 000
Total tax
70 499
60 120
89 294
81 138
After tax
122 501
132 880
103 706
111 862
Living cost
29 094
29 094
29 094
29 094
Free-cash
93 407
103 786
74 612
82 768

Estimated living cost  is ₽29094 per week

₽21636
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1612
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5343
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75916
₽76384
₽20603
₽69061
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
772
unemployment
-
-
-
5 816
income
-
-
-
58 127
pensions
-
-
-
20 496
health
-
-
-
8 474
surtax
-
-
-
-
total
-
-
-
93 685
Employee
41 453
37 792
157 692
-
unemployment
1 244
1 134
3 324
-
other
414
378
1 109
-
health
1 603
1 463
4 287
-
pensions
4 245
3 869
11 345
-
income
3 693
2 788
48 245
-
total
11 199
9 632
68 310
-
Employer
41 453
37 792
157 692
-
payroll
1 244
1 134
4 731
-
other
1 969
1 794
7 090
-
accident
538
491
1 440
-
pensions
5 203
4 744
13 904
-
unemployment
1 244
1 134
3 324
-
chamber of commerce
166
151
632
-
surtax
-
-
-
-
health
1 567
1 429
4 188
-
total
11 931
10 877
35 309
-
Corporate
139 617
144 332
154 093
-
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.

34 905
36 084
38 524
-
total
34 905
36 084
38 524
-
Dividends
104 712
108 248
-
-
withholding
28 795
29 769
-
-
total
28 795
29 769
-
-
Income
193 000
193 000
193 000
193 000
Total tax
86 830
86 362
142 143
93 685
After tax
106 170
106 638
50 857
99 315
Living cost
30 254
30 254
30 254
30 254
Free-cash
75 916
76 384
20 603
69 061

Estimated living cost  is ₽30254 per week

₽18149
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3090
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽8476
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽169082
₽171335
₽142385
₽179055
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 019
-
193 000
-
income
3 004
-
38 600
-
total
3 004
-
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%.

177 981
193 000
-
-
total
-
-
-
-
Dividends
177 981
193 000
-
-
withholding
8 899
9 650
-
-
total
8 899
9 650
-
-
Income
193 000
193 000
193 000
193 000
Total tax
11 903
9 650
38 600
1 930
After tax
181 097
183 350
154 400
191 070
Living cost
12 015
12 015
12 015
12 015
Free-cash
169 082
171 335
142 385
179 055

Estimated living cost  is ₽12015 per week

₽8131
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽504
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽403
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2977
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99514
₽107445
₽62123
₽66312
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
290
income
-
-
-
46 724
pensions
-
-
-
35 247
health
-
-
-
18 991
total
-
-
-
101 252
Employee

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

41 935
-
166 996
-
unemployment
59
-
234
-
health
2 708
-
10 789
-
pensions
6 500
-
25 884
-
income
7 232
-
42 533
-
total
16 499
-
79 440
-
Employer

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

41 935
-
166 996
-
pensions
3 711
-
14 778
-
unemployment
25
-
101
-
health
2 793
-
11 122
-
total
6 529
-
26 001
-
Corporate
144 537
193 000
-
-
income
27 462
36 670
-
-
total
27 462
36 670
-
-
Dividends
117 075
156 330
-
-
withholding
17 560
23 449
-
-
total
17 560
23 449
-
-
Income
193 000
193 000
193 000
193 000
Total tax
68 050
60 119
105 441
101 252
After tax
124 950
132 881
87 559
91 748
Living cost
25 436
25 436
25 436
25 436
Free-cash
99 514
107 445
62 123
66 312

Estimated living cost  is ₽25436 per week

₽17456
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1630
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽493
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5858
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32441
₽77000
₽140256
₽92957
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
22 002
income
-
-
-
37 620
total
-
-
-
59 622
Employee
57 958
-
-
-
social contributions
4 753
-
677
-
income
12 784
-
-
-
total
17 537
-
677
-
Employer
57 958
-
-
-
social contributions
81 720
-
11 646
-
total
81 720
-
11 646
-
Corporate
53 322
193 000
-
-
income
11 731
42 460
-
-
total
11 731
42 460
-
-
Dividends
41 591
150 540
-
-
income
9 150
33 119
-
-
total
9 150
33 119
-
-
Income
193 000
193 000
193 000
193 000
Total tax
120 138
75 579
12 323
59 622
After tax
72 862
117 421
180 677
133 378
Living cost
40 421
40 421
40 421
40 421
Free-cash
32 441
77 000
140 256
92 957

Estimated living cost  is ₽40421 per week

₽26227
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3802
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.
₽9877
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79079
₽80032
₽57317
₽71950
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions

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

-
-
-
67 067
income
-
-
-
24 238
surtax
-
-
-
-
total
-
-
-
91 305
Employee
43 615
-
155 959
-
surtax
-
-
-
-
social contributions
4 798
-
17 156
-
income
9 072
-
51 741
-
total
13 870
-
68 897
-
Employer
43 615
-
155 959
-
social contributions
10 358
-
37 041
-
total
10 358
-
37 041
-
Corporate
139 027
193 000
-
-
income
29 195
40 531
-
-
surtax
-
-
-
-
total
29 195
40 531
-
-
Dividends
109 832
152 469
-
-
withholding
30 753
42 692
-
-
total
30 753
42 692
-
-
Income
193 000
193 000
193 000
193 000
Total tax
84 176
83 223
105 938
91 305
After tax
108 824
109 777
87 062
101 695
Living cost
29 745
29 745
29 745
29 745
Free-cash
79 079
80 032
57 317
71 950

Estimated living cost  is ₽29745 per week

₽22256
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1755
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽497
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5239
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57991
₽51471
₽57208
₽61570
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 984
social contributions
-
-
-
5 500
income
-
-
-
33 231
pensions
-
-
-
31 940
health
-
-
-
8 973
surtax
-
-
-
-
total
-
-
-
85 628
Employee
59 394
-
148 102
-
surtax
-
-
-
-
pensions
6 718
-
10 823
-
social contributions
1 692
-
4 220
-
income
5 182
-
30 047
-
total
13 592
-
45 090
-
Employer
59 394
-
148 102
-
other
2 050
-
6 001
-
pensions
9 759
-
18 130
-
unemployment
2 406
-
5 998
-
social contributions
178
-
445
-
health
4 157
-
14 326
-
total
18 550
-
44 900
-
Corporate
115 055
193 000
-
-
income
32 215
54 040
-
-
surtax
-
-
-
-
total
32 215
54 040
-
-
Dividends
82 841
138 960
-
-
withholding
10 603
17 787
-
-
social contributions
14 247
23 900
-
-
surtax
-
-
-
-
total
24 850
41 687
-
-
Income
193 000
193 000
193 000
193 000
Total tax
89 207
95 727
89 990
85 628
After tax
103 793
97 273
103 010
107 372
Living cost
45 802
45 802
45 802
45 802
Free-cash
57 991
51 471
57 208
61 570

Estimated living cost  is ₽45802 per week

₽30998
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3747
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽628
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10429
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽142008
₽145193
₽117865
₽112738
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 295
social contributions
-
-
-
42 461
total
-
-
-
51 756
Employee
30 487
-
167 098
-
social contributions
1 981
-
10 862
-
income
-
-
9 865
-
total
1 981
-
20 727
-
Employer
30 487
-
167 098
-
social contributions
4 726
-
25 902
-
total
4 726
-
25 902
-
Corporate
157 787
193 000
-
-
income
15 779
19 301
-
-
total
15 779
19 301
-
-
Dividends
142 008
173 699
-
-
total
-
-
-
-
Income
193 000
193 000
193 000
193 000
Total tax
22 486
19 301
46 629
51 756
After tax
170 514
173 699
146 371
141 244
Living cost
28 506
28 506
28 506
28 506
Free-cash
142 008
145 193
117 865
112 738

Estimated living cost  is ₽28506 per week

₽18431
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2149
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7389
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽13311
-₽13311
-₽13311
₽66710
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
821
municipal
-
-
-
40 981
labour market
-
-
-
15 374
national
-
-
-
23 511
total
-
-
-
80 687
Employee
192 480
192 480
192 480
-
national
23 515
23 515
23 515
-
municipal
40 988
40 988
40 988
-
labour market
15 377
15 377
15 377
-
pensions
274
274
274
-
total
80 154
80 154
80 154
-
Employer
192 480
192 480
192 480
-
municipal
41 053
41 053
41 053
-
pensions
547
547
547
-
national
23 556
23 556
23 556
-
labour market
15 398
15 398
15 398
-
total
80 554
80 554
80 554
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
193 000
193 000
193 000
193 000
Total tax
160 708
160 708
160 708
80 687
After tax
32 292
32 292
32 292
112 313
Living cost
45 603
45 603
45 603
45 603
Free-cash
-13 311
-13 311
-13 311
66 710

Estimated living cost  is ₽45603 per week

₽31211
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4034
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽701
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9656
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12420
-₽5316
₽84684
₽110905
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
358
income
-
-
-
54 415
pensions
-
-
-
4 021
accident
-
-
-
244
health
-
-
-
2 108
total
-
-
-
61 146
Employee
32 955
-
175 136
-
health
3 774
-
20 053
-
pensions
3 711
-
7 374
-
income
4 521
-
42 076
-
total
12 006
-
69 503
-
Employer
32 955
-
175 136
-
accident
550
-
2 925
-
pensions
5 358
-
10 648
-
unemployment
808
-
4 291
-
total
6 716
-
17 864
-
Corporate
153 329
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.

137 996
173 700
-
-
total
137 996
173 700
-
-
Dividends
15 333
19 300
-
-
withholding
2 913
3 667
-
-
total
2 913
3 667
-
-
Income
193 000
193 000
193 000
193 000
Total tax
159 631
177 367
87 367
61 146
After tax
33 369
15 633
105 633
131 854
Living cost
20 949
20 949
20 949
20 949
Free-cash
12 420
-5 316
84 684
110 905

Estimated living cost  is ₽20949 per week

₽15249
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1194
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽393
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4113
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85849
₽82916
₽62196
₽84302
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
34 277
national
-
-
-
35 436
health
-
-
-
2 577
total
-
-
-
72 290
Employee
49 893
-
162 362
-
national
824
-
21 824
-
unemployment
749
-
2 435
-
health
373
-
2 104
-
municipal
8 172
-
26 436
-
pensions
3 367
-
10 960
-
total
13 485
-
63 759
-
Employer
49 893
-
162 362
-
accident
50
-
162
-
pensions
8 656
-
28 169
-
unemployment
324
-
1 055
-
health
383
-
1 251
-
total
9 413
-
30 637
-
Corporate
133 694
193 000
-
-
income
26 738
38 600
-
-
total
26 738
38 600
-
-
Dividends

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

80 216
115 800
-
-
municipal
14 438
20 845
-
-
national
6 669
14 231
-
-
total
21 107
35 076
-
-
Income
193 000
193 000
193 000
193 000
Total tax
70 743
73 676
94 396
72 290
After tax
122 257
119 324
98 604
120 710
Living cost
36 408
36 408
36 408
36 408
Free-cash
85 849
82 916
62 196
84 302

Estimated living cost  is ₽36408 per week

₽23782
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3502
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.
₽8546
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽113593
₽118754
₽107032
₽108659
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 343
income
-
-
-
42 120
health
-
-
-
4 922
total
-
-
-
62 385
Employee
72 921
72 921
181 479
-
health
565
1 240
3 085
-
social contributions
2 757
6 052
8 163
-
income
7 940
6 750
41 243
-
total
11 262
14 042
52 491
-
Employer
72 921
72 921
181 479
-
social contributions
2 757
6 052
8 163
-
health
614
1 350
3 358
-
total
3 371
7 402
11 521
-
Corporate
156 411
112 678
-
-
income
19 551
14 085
-
-
total
19 551
14 085
-
-
Dividends
136 861
98 592
-
-
withholding
23 267
16 761
-
-
total
23 267
16 761
-
-
Income
193 000
193 000
193 000
193 000
Total tax
57 451
52 290
64 012
62 385
After tax
135 549
140 710
128 988
130 615
Living cost
21 956
21 956
21 956
21 956
Free-cash
113 593
118 754
107 032
108 659

Estimated living cost  is ₽21956 per week

₽13159
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6158
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽139942
₽144768
₽129582
₽148602
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
27
income
-
-
-
19 851
pensions
-
-
-
6 032
health
-
-
-
3 432
total
-
-
-
29 342
Employee

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

21 767
-
183 732
-
unemployment
108
-
450
-
health
1 850
-
7 648
-
pensions
3 264
-
13 497
-
income
1 488
-
17 499
-
total
6 710
-
39 094
-
Employer

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

21 767
-
183 732
-
pensions
1 197
-
4 949
-
unemployment
108
-
450
-
health
936
-
3 869
-
total
2 241
-
9 268
-
Corporate
168 993
193 000
-
-
income
15 210
17 370
-
-
total
15 210
17 370
-
-
Dividends
153 782
175 630
-
-
withholding
13 841
15 806
-
-
total
13 841
15 806
-
-
Income
193 000
193 000
193 000
193 000
Total tax
38 002
33 176
48 362
29 342
After tax
154 998
159 824
144 638
163 658
Living cost
15 056
15 056
15 056
15 056
Free-cash
139 942
144 768
129 582
148 602

Estimated living cost  is ₽15056 per week

₽9606
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1085
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3916
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Podgorica model

Close
Valencia , Spain
₽98070
₽102256
₽77964
₽81944
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
88
unemployment
-
-
-
615
income
-
-
-
58 610
pensions
-
-
-
24 874
accident
-
-
-
792
total
-
-
-
84 979
Employee
35 065
-
164 978
-
unemployment
543
-
1 362
-
other
34
-
88
-
pensions
1 648
-
4 132
-
income
6 760
-
55 355
-
total
8 985
-
60 937
-
Employer
35 065
-
164 978
-
other
281
-
704
-
accident
695
-
1 740
-
pensions
8 275
-
20 744
-
unemployment
1 929
-
4 834
-
total
11 180
-
28 022
-
Corporate
146 756
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.

22 013
28 950
-
-
total
22 013
28 950
-
-
Dividends
124 744
164 050
-
-
withholding
26 675
35 717
-
-
total
26 675
35 717
-
-
Income
193 000
193 000
193 000
193 000
Total tax
68 853
64 667
88 959
84 979
After tax
124 147
128 333
104 041
108 021
Living cost
26 077
26 077
26 077
26 077
Free-cash
98 070
102 256
77 964
81 944

Estimated living cost  is ₽26077 per week

₽17602
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2507
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.
₽5512
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽118335
₽118630
₽122461
₽122589
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
66 341
pensions
-
-
-
1 315
health
-
-
-
953
total
-
-
-
68 609
Employee
2 745
-
191 521
-
unemployment
27
-
66
-
health
137
-
329
-
pensions
247
-
592
-
income
531
-
66 272
-
total
942
-
67 259
-
Employer
2 745
-
191 521
-
pensions
302
-
723
-
unemployment
55
-
131
-
health
261
-
624
-
total
618
-
1 478
-
Corporate
189 638
193 000
-
-
income
41 720
42 460
-
-
total
41 720
42 460
-
-
Dividends
147 917
150 540
-
-
withholding
29 583
30 108
-
-
total
29 583
30 108
-
-
Income
193 000
193 000
193 000
193 000
Total tax
72 863
72 568
68 737
68 609
After tax
120 137
120 432
124 263
124 391
Living cost
1 802
1 802
1 802
1 802
Free-cash
118 335
118 630
122 461
122 589

Estimated living cost  is ₽1802 per week

₽1071
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽146
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽41
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽544
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽118414
₽123071
₽105885
₽105886
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
1 049
income
-
-
-
44 296
pensions
-
-
-
18 191
health
-
-
-
7 206
total
-
-
-
70 742
Employee

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

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

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

24 688
-
180 476
-
unemployment
185
-
525
-
health
1 271
-
3 603
-
pensions
3 456
-
9 795
-
income
3 403
-
44 296
-
total
8 315
-
58 219
-
Employer

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

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

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

24 688
-
180 476
-
pensions
2 963
-
8 396
-
unemployment
185
-
525
-
health
1 271
-
3 603
-
total
4 419
-
12 524
-
Corporate
163 893
193 000
-
-
income
24 584
28 950
-
-
total
24 584
28 950
-
-
Dividends
139 309
164 050
-
-
withholding
20 896
24 607
-
-
total
20 896
24 607
-
-
Income
193 000
193 000
193 000
193 000
Total tax
58 214
53 557
70 743
70 742
After tax
134 786
139 443
122 257
122 258
Living cost
16 372
16 372
16 372
16 372
Free-cash
118 414
123 071
105 885
105 886

Estimated living cost  is ₽16372 per week

₽11023
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1266
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.
₽3609
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83870
₽84211
₽61496
₽76129
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions

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

-
-
-
67 067
income
-
-
-
24 238
surtax
-
-
-
-
total
-
-
-
91 305
Employee
36 806
-
155 959
-
surtax
-
-
-
-
social contributions
4 049
-
17 156
-
income
7 192
-
51 741
-
total
11 241
-
68 897
-
Employer
36 806
-
155 959
-
social contributions
8 741
-
37 041
-
total
8 741
-
37 041
-
Corporate
147 453
193 000
-
-
income
30 966
40 531
-
-
surtax
-
-
-
-
total
30 966
40 531
-
-
Dividends
116 488
152 469
-
-
withholding
32 616
42 692
-
-
total
32 616
42 692
-
-
Income
193 000
193 000
193 000
193 000
Total tax
83 564
83 223
105 938
91 305
After tax
109 436
109 777
87 062
101 695
Living cost
25 566
25 566
25 566
25 566
Free-cash
83 870
84 211
61 496
76 129

Estimated living cost  is ₽25566 per week

₽18108
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1776
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5230
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88802
₽95005
₽70713
₽74693
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
88
unemployment
-
-
-
615
income
-
-
-
58 610
pensions
-
-
-
24 874
accident
-
-
-
792
total
-
-
-
84 979
Employee
45 799
-
164 978
-
unemployment
709
-
1 362
-
other
45
-
88
-
pensions
2 152
-
4 132
-
income
9 566
-
55 355
-
total
12 472
-
60 937
-
Employer
45 799
-
164 978
-
other
367
-
704
-
accident
907
-
1 740
-
pensions
10 808
-
20 744
-
unemployment
2 519
-
4 834
-
total
14 601
-
28 022
-
Corporate
132 599
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.

19 889
28 950
-
-
total
19 889
28 950
-
-
Dividends
112 710
164 050
-
-
withholding
23 908
35 717
-
-
total
23 908
35 717
-
-
Income
193 000
193 000
193 000
193 000
Total tax
70 870
64 667
88 959
84 979
After tax
122 130
128 333
104 041
108 021
Living cost
33 328
33 328
33 328
33 328
Free-cash
88 802
95 005
70 713
74 693

Estimated living cost  is ₽33328 per week

₽23935
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2591
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽470
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6333
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽142942
₽148716
₽146765
₽138915
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
132
income
-
-
-
28 950
pensions

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

-
-
-
4 898
health
-
-
-
3 806
total
-
-
-
37 786
Employee
21 582
-
186 507
-
accident

We are using the highest rate at 1.1%.

237
-
364
-
health
993
-
1 522
-
pensions

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

1 895
-
2 906
-
income
2 159
-
18 650
-
total
5 284
-
23 442
-
Employer
21 582
-
186 507
-
accident

We are using the highest rate at 1.1%.

237
-
364
-
pensions

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

2 378
-
3 647
-
unemployment
130
-
199
-
health
1 489
-
2 284
-
total
4 234
-
6 494
-
Corporate
167 183
193 000
-
-
income
16 718
19 300
-
-
total
16 718
19 300
-
-
Dividends
150 465
173 700
-
-
withholding
7 523
8 685
-
-
total
7 523
8 685
-
-
Income
193 000
193 000
193 000
193 000
Total tax
33 759
27 985
29 936
37 786
After tax
159 241
165 015
163 064
155 214
Living cost
16 299
16 299
16 299
16 299
Free-cash
142 942
148 716
146 765
138 915

Estimated living cost  is ₽16299 per week

₽10780
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽933
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽389
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4198
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75080
₽62671
₽83932
₽62564
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
21 368
income

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

-
-
-
62 538
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.

-
-
-
6 479
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.

-
-
-
3 439
total
-
-
-
93 824
Employee

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

47 184
-
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.

214
-
3 439
-
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.

6 479
-
6 479
-
income

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

3 880
-
62 538
-
total
10 573
-
72 456
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
145 816
193 000
-
-
trade
20 924
27 696
-
-
income
21 872
28 950
-
-
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.

1 202
1 593
-
-
chamber of commerce
358
427
-
-
total
44 356
58 666
-
-
Dividends
101 459
134 335
-
-
withholding
25 004
33 224
-
-
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.

1 375
1 827
-
-
total
26 379
35 051
-
-
Income
193 000
193 000
193 000
193 000
Total tax
81 308
93 717
72 456
93 824
After tax
111 692
99 283
120 544
99 176
Living cost
36 612
36 612
36 612
36 612
Free-cash
75 080
62 671
83 932
62 564

Estimated living cost  is ₽36612 per week

₽25256
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3939
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6885
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83174
₽81080
₽44653
₽44653
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
32 802
income
-
-
-
61 525
total
-
-
-
94 327
Employee
74 179
-
193 000
-
social contributions
6 163
-
32 802
-
income
13 997
-
61 525
-
total
20 160
-
94 327
-
Employer
74 179
-
193 000
-
total
-
-
-
-
Corporate
118 821
193 000
-
-
income
14 852
24 125
-
-
total
14 852
24 125
-
-
Dividends
103 969
168 875
-
-
withholding
20 794
33 775
-
-
total
20 794
33 775
-
-
Income
193 000
193 000
193 000
193 000
Total tax
55 806
57 900
94 327
94 327
After tax
137 194
135 100
98 673
98 673
Living cost
54 020
54 020
54 020
54 020
Free-cash
83 174
81 080
44 653
44 653

Estimated living cost  is ₽54020 per week

₽41097
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4402
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽516
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8005
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89329
₽86016
₽101220
₽123862
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health

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

-
-
-
5 764
income
-
-
-
28 950
total
-
-
-
34 714
Employee
43 503
-
188 638
-
social contributions
4 359
-
4 362
-
income
4 720
-
48 632
-
total
9 079
-
52 994
-
Employer
43 503
-
188 638
-
social contributions
4 359
-
4 362
-
total
4 359
-
4 362
-
Corporate
145 139
193 000
-
-
income
50 799
67 550
-
-
total
50 799
67 550
-
-
Dividends
94 339
125 450
-
-
social contributions
5 010
5 010
-
-
total
5 010
5 010
-
-
Income
193 000
193 000
193 000
193 000
Total tax
69 247
72 560
57 356
34 714
After tax
123 753
120 440
135 644
158 286
Living cost
34 424
34 424
34 424
34 424
Free-cash
89 329
86 016
101 220
123 862

Estimated living cost  is ₽34424 per week

₽22675
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2714
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8507
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94148
₽88637
₽73930
₽91240
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
58 252
pensions
-
-
-
8 952
total
-
-
-
67 204
Employee
47 433
-
168 328
-
health
619
-
2 328
-
pensions
3 620
-
10 798
-
income
8 638
-
46 716
-
total
12 877
-
59 842
-
Employer
47 433
-
168 328
-
pensions
4 792
-
21 474
-
health
901
-
3 198
-
total
5 693
-
24 672
-
Corporate
139 874
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.

26 575
36 670
-
-
total
26 575
36 670
-
-
Dividends
113 298
156 330
-
-
withholding
19 151
33 137
-
-
total
19 151
33 137
-
-
Income
193 000
193 000
193 000
193 000
Total tax
64 296
69 807
84 514
67 204
After tax
128 704
123 193
108 486
125 796
Living cost
34 556
34 556
34 556
34 556
Free-cash
94 148
88 637
73 930
91 240

Estimated living cost  is ₽34556 per week

₽23705
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3178
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽432
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7239
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽12101
-₽7390
₽82610
₽108831
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
193 000
other
-
-
-
358
income
-
-
-
54 415
pensions
-
-
-
4 021
accident
-
-
-
244
health
-
-
-
2 108
total
-
-
-
61 146
Employee
36 217
-
175 136
-
health
4 147
-
20 053
-
pensions
4 078
-
7 374
-
income
4 969
-
42 076
-
total
13 194
-
69 503
-
Employer
36 217
-
175 136
-
accident
605
-
2 925
-
pensions
5 889
-
10 648
-
unemployment
887
-
4 291
-
total
7 381
-
17 864
-
Corporate
149 403
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.

134 462
173 700
-
-
total
134 462
173 700
-
-
Dividends
14 940
19 300
-
-
withholding
2 839
3 667
-
-
total
2 839
3 667
-
-
Income
193 000
193 000
193 000
193 000
Total tax
157 876
177 367
87 367
61 146
After tax
35 124
15 633
105 633
131 854
Living cost
23 024
23 024
23 024
23 024
Free-cash
12 101
-7 390
82 610
108 831

Estimated living cost  is ₽23024 per week

₽16897
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1342
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽464
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4321
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽145166
₽134837
₽127127
₽106276
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
1 820
income
-
-
-
32 214
pensions
-
-
-
27 902
health insurance
-
-
-
11 222
work injury
-
-
-
758
total
-
-
-
73 916
Employee

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

20 493
-
193 000
-
health insurance
1 516
-
5 611
-
unemployment
246
-
910
-
work injury
102
-
379
-
pensions
3 771
-
13 951
-
income
2 049
-
32 214
-
total
7 684
-
53 065
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
172 507
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%.

1 725
19 300
-
-
total
1 725
19 300
-
-
Dividends
170 782
173 700
-
-
withholding
25 617
26 055
-
-
total
25 617
26 055
-
-
Income
193 000
193 000
193 000
193 000
Total tax
35 026
45 355
53 065
73 916
After tax
157 974
147 645
139 935
119 084
Living cost
12 808
12 808
12 808
12 808
Free-cash
145 166
134 837
127 127
106 276

Estimated living cost  is ₽12808 per week

₽7935
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽931
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽400
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3543
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59568
₽63882
₽43752
₽51629
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
4 530
social contributions
-
-
-
47 463
municipal
-
-
-
1 310
national
-
-
-
50 290
total
-
-
-
103 593
Employee
79 911
-
193 000
-
national
13 504
-
44 025
-
regional
1 206
-
4 043
-
municipal
477
-
1 177
-
social contributions
26 945
-
62 225
-
total
42 132
-
111 470
-
Employer
79 911
-
193 000
-
total
-
-
-
-
Corporate
113 089
193 000
-
-
nationa
27 142
46 320
-
-
municipal
5 451
9 302
-
-
total
32 593
55 622
-
-
Dividends
80 497
137 378
-
-
withholding
20 929
35 718
-
-
total
20 929
35 718
-
-
Income
193 000
193 000
193 000
193 000
Total tax
95 654
91 340
111 470
103 593
After tax
97 346
101 660
81 530
89 407
Living cost
37 778
37 778
37 778
37 778
Free-cash
59 568
63 882
43 752
51 629

Estimated living cost  is ₽37778 per week

₽26537
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2599
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.
₽8071
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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