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
₽68979
₽92043
₽68492
₽79320
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
193 000
income

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

-
-
-
62 798
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.

-
-
-
3 454
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.

-
-
-
6 387
trade
-
-
-
23 551
total
-
-
-
96 190
Employee

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

35 759
-
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.

55
-
3 454
-
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.

999
-
62 798
-
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.

6 387
-
6 387
-
total
7 441
-
72 639
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
157 241
193 000
-
-
income
23 586
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.

1 297
1 591
-
-
chamber of commerce
367
419
-
-
trade
24 766
30 398
-
-
total
50 016
61 358
-
-
Dividends
107 224
131 642
-
-
surtax

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

1 455
1 790
-
-
withholding
26 450
32 555
-
-
total
27 905
34 345
-
-
Income
193 000
193 000
193 000
193 000
Total tax
85 362
95 703
72 639
96 190
After tax
107 638
97 297
120 361
96 810
Living cost
28 318
28 318
28 318
28 318
Free-cash
79 320
68 979
92 043
68 492

Estimated living cost  is ₽28318 per week

₽17813
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3302
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽529
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6675
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70360
₽63025
₽61988
₽69526
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
193 000
social contributions
-
-
-
2 075
municipal
-
-
-
21 278
national
-
-
-
34 426
pensions
-
-
-
23 160
total
-
-
-
80 939
Employee
77 622
-
166 847
-
municipal
9 588
-
22 025
-
pensions
3 105
-
6 674
-
national
14 857
-
36 062
-
total
27 550
-
64 761
-
Employer
77 622
-
166 847
-
pensions
6 210
-
13 348
-
social contributions
834
-
1 794
-
total
7 044
-
15 142
-
Corporate
103 211
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%.

20 642
38 600
-
-
total
20 642
38 600
-
-
Dividends
82 569
154 400
-
-
withholding
18 165
33 968
-
-
total
18 165
33 968
-
-
Income
193 000
193 000
193 000
193 000
Total tax
73 401
72 568
79 903
80 939
After tax
119 599
120 432
113 097
112 061
Living cost
50 072
50 072
50 072
50 072
Free-cash
69 526
70 360
63 025
61 988

Estimated living cost  is ₽50072 per week

₽34034
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4655
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽749
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10635
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽134949
₽63549
₽49583
₽127279
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
193 000
income
-
-
-
38 930
surtax
-
-
-
49 215
social contributions

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

-
-
-
35 821
microenterprise
-
-
-
-
total
-
-
-
123 966
Employee
27 319
-
149 692
-
surtax
-
-
21 706
-
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.

3 006
-
12 256
-
income
4 863
-
32 730
-
total
7 869
-
66 692
-
Employer
27 319
-
149 692
-
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.

6 581
-
26 842
-
surtax
-
-
16 466
-
total
6 581
-
43 308
-
Corporate
159 100
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%.

31 820
38 600
-
-
total
31 820
38 600
-
-
Dividends

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

127 280
154 400
-
-
total
-
-
-
-
Income
193 000
193 000
193 000
193 000
Total tax
46 270
38 600
110 000
123 966
After tax
146 730
154 400
83 000
69 034
Living cost
19 451
19 451
19 451
19 451
Free-cash
127 279
134 949
63 549
49 583

Estimated living cost  is ₽19451 per week

₽12409
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.
₽442
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4748
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56811
₽84299
₽65415
₽51081
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
65 936
health
-
-
-
11 529
pensions
-
-
-
10 954
total
-
-
-
88 419
Employee
79 840
79 840
175 625
-
pensions
14 371
10 954
10 954
-
income

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

13 068
13 068
29 678
-
health
12 254
10 423
11 529
-
total
39 693
34 445
52 161
-
Employer
79 840
79 840
175 625
-
health
5 550
5 550
6 896
-
pensions
5 557
5 557
6 907
-
unemployment
2 874
2 874
3 571
-
total
13 981
13 981
17 374
-
Corporate
100 159
99 180
-
-
income
20 033
19 836
-
-
total
20 033
19 836
-
-
Dividends
80 126
79 344
-
-
income
17 027
16 860
-
-
withholding
12 019
11 901
-
-
total
29 046
28 761
-
-
Income
193 000
193 000
193 000
193 000
Total tax
102 753
97 023
69 535
88 419
After tax
90 247
95 977
123 465
104 581
Living cost
39 166
39 166
39 166
39 166
Free-cash
51 081
56 811
84 299
65 415

Estimated living cost  is ₽39166 per week

₽27756
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3531
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽623
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7257
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67333
₽58591
₽59514
₽66480
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
193 000
accident
-
-
-
167
other
-
-
-
9 689
unemployment
-
-
-
83
health
-
-
-
5 203
municipal
-
-
-
50 350
national
-
-
-
20 936
pensions
-
-
-
9 013
total
-
-
-
95 441
Employee
54 210
-
166 802
-
municipal
16 165
-
49 740
-
national
-
-
20 426
-
total
16 165
-
70 166
-
Employer
54 210
-
166 802
-
health
3 334
-
5 128
-
pensions
5 860
-
9 013
-
accident
108
-
167
-
unemployment
1 431
-
2 201
-
other
6 299
-
9 689
-
total
17 032
-
26 198
-
Corporate
121 757
193 000
-
-
income
26 787
42 460
-
-
total
26 787
42 460
-
-
Dividends
94 971
150 540
-
-
withholding
28 491
45 162
-
-
total
28 491
45 162
-
-
Income
193 000
193 000
193 000
193 000
Total tax
88 475
87 622
96 364
95 441
After tax
104 525
105 378
96 636
97 559
Living cost
38 045
38 045
38 045
38 045
Free-cash
66 480
67 333
58 591
59 514

Estimated living cost  is ₽38045 per week

₽25214
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3733
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽578
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8519
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59576
₽83633
₽59035
₽72711
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
193 000
income

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

-
-
-
62 798
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.

-
-
-
3 454
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.

-
-
-
6 387
trade
-
-
-
24 598
total
-
-
-
97 237
Employee

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

47 412
-
193 000
-
surtax

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

224
-
3 454
-
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.

4 074
-
62 798
-
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.

6 387
-
6 387
-
total
10 685
-
72 639
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
145 588
193 000
-
-
income
21 839
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.

1 201
1 591
-
-
chamber of commerce
350
417
-
-
trade
23 948
31 748
-
-
total
47 338
62 706
-
-
Dividends
98 250
130 294
-
-
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.

1 331
1 772
-
-
withholding
24 207
32 218
-
-
total
25 538
33 990
-
-
Income
193 000
193 000
193 000
193 000
Total tax
83 561
96 696
72 639
97 237
After tax
109 439
96 304
120 361
95 763
Living cost
36 728
36 728
36 728
36 728
Free-cash
72 711
59 576
83 633
59 035

Estimated living cost  is ₽36728 per week

₽24564
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3873
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7743
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽110377
₽98553
₽100173
₽106501
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
42 453
social contributions
-
-
-
15 127
health
-
-
-
4 922
total
-
-
-
62 502
Employee
71 892
71 892
181 592
-
social contributions
3 493
5 967
8 048
-
income
7 549
6 655
41 580
-
health
715
1 222
3 087
-
total
11 757
13 844
52 715
-
Employer
71 892
71 892
181 592
-
health
779
1 331
3 359
-
social contributions
3 493
5 967
8 048
-
total
4 272
7 298
11 407
-
Corporate
146 645
113 811
-
-
income
18 331
14 226
-
-
total
18 331
14 226
-
-
Dividends
128 314
99 585
-
-
withholding
21 814
16 930
-
-
total
21 814
16 930
-
-
Income
193 000
193 000
193 000
193 000
Total tax
56 174
52 298
64 122
62 502
After tax
136 826
140 702
128 878
130 498
Living cost
30 325
30 325
30 325
30 325
Free-cash
106 501
110 377
98 553
100 173

Estimated living cost  is ₽30325 per week

₽20730
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2369
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽509
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6717
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91284
₽94808
₽116626
₽91641
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

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

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

The minimum wage is 138,000 HUF per month.

24 648
9 809
161 506
-
unemployment
370
147
2 423
-
pensions
2 465
981
16 151
-
income
3 013
1 199
19 744
-
health
1 725
687
11 305
-
total
7 573
3 014
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.

24 648
9 809
161 506
-
pensions
4 806
1 913
31 494
-
total
4 806
1 913
31 494
-
Corporate
163 546
181 278
-
-
income
14 719
16 315
-
-
total
14 719
16 315
-
-
Dividends
148 827
164 963
-
-
social contributions
28 909
32 056
-
-
withholding
28 277
31 343
-
-
total
57 186
63 399
-
-
Income
193 000
193 000
193 000
193 000
Total tax
84 284
84 641
81 117
59 299
After tax
108 716
108 359
111 883
133 701
Living cost
17 075
17 075
17 075
17 075
Free-cash
91 641
91 284
94 808
116 626

Estimated living cost  is ₽17075 per week

₽11652
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1397
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽341
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3684
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽131818
₽88660
₽80866
₽126010
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
25 863
health
-
-
-
25 089
pensions
-
-
-
38 600
total
-
-
-
89 552
Employee
26 523
-
144 246
-
unemployment
424
-
2 308
-
pensions
530
-
2 885
-
income
2 986
-
27 811
-
total
3 940
-
33 004
-
Employer
26 523
-
144 246
-
health
3 447
-
18 752
-
pensions
5 305
-
28 849
-
unemployment
213
-
1 153
-
total
8 965
-
48 754
-
Corporate
157 512
193 000
-
-
income
31 503
38 600
-
-
total
31 503
38 600
-
-
Dividends
126 009
154 400
-
-
total
-
-
-
-
Income
193 000
193 000
193 000
193 000
Total tax
44 408
38 600
81 758
89 552
After tax
148 592
154 400
111 242
103 448
Living cost
22 582
22 582
22 582
22 582
Free-cash
126 010
131 818
88 660
80 866

Estimated living cost  is ₽22582 per week

₽15489
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1345
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽454
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5294
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5148
₽84986
₽111059
₽12445
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
193 000
accident
-
-
-
239
income
-
-
-
54 581
other
-
-
-
350
health
-
-
-
2 060
pensions
-
-
-
3 930
total
-
-
-
61 160
Employee
32 690
-
175 368
-
pensions
3 681
-
7 207
-
income
4 485
-
42 313
-
health
3 743
-
20 080
-
total
11 909
-
69 600
-
Employer
32 690
-
175 368
-
pensions
5 316
-
10 407
-
accident
546
-
2 929
-
unemployment
801
-
4 297
-
total
6 663
-
17 633
-
Corporate
153 648
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.

138 283
173 700
-
-
total
138 283
173 700
-
-
Dividends
15 365
19 300
-
-
withholding
2 919
3 667
-
-
total
2 919
3 667
-
-
Income
193 000
193 000
193 000
193 000
Total tax
159 774
177 367
87 233
61 160
After tax
33 226
15 633
105 767
131 840
Living cost
20 781
20 781
20 781
20 781
Free-cash
12 445
-5 148
84 986
111 059

Estimated living cost  is ₽20781 per week

₽15231
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1151
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽434
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3966
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽175704
₽146754
₽183424
₽174271
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 557
-
193 000
-
income
1 911
-
38 600
-
total
1 911
-
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%.

183 443
193 000
-
-
total
-
-
-
-
Dividends
183 443
193 000
-
-
withholding
9 172
9 650
-
-
total
9 172
9 650
-
-
Income
193 000
193 000
193 000
193 000
Total tax
11 083
9 650
38 600
1 930
After tax
181 917
183 350
154 400
191 070
Living cost
7 646
7 646
7 646
7 646
Free-cash
174 271
175 704
146 754
183 424

Estimated living cost  is ₽7646 per week

₽4739
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽636
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽210
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2062
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽116884
₽86813
₽88446
₽110572
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
32 511
other
-
-
-
6 753
health
-
-
-
6 256
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.

-
-
-
34 122
total
-
-
-
79 642
Employee
33 946
-
157 054
-
unemployment
339
-
1 421
-
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.

2 376
-
9 952
-
income
5 844
-
31 966
-
health
475
-
1 991
-
total
9 034
-
45 330
-
Employer
33 946
-
157 054
-
health
475
-
1 991
-
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.

5 772
-
24 170
-
accident
271
-
1 256
-
unemployment
339
-
1 421
-
other
1 698
-
7 107
-
total
8 555
-
35 945
-
Corporate
150 498
193 000
-
-
income
31 604
40 530
-
-
total
31 604
40 530
-
-
Dividends
118 894
152 470
-
-
withholding
8 323
10 674
-
-
total
8 323
10 674
-
-
Income
193 000
193 000
193 000
193 000
Total tax
57 516
51 204
81 275
79 642
After tax
135 484
141 796
111 725
113 358
Living cost
24 912
24 912
24 912
24 912
Free-cash
110 572
116 884
86 813
88 446

Estimated living cost  is ₽24912 per week

₽17602
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1682
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽401
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5227
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61246
₽46579
₽63880
₽68692
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
58 358
pensions
-
-
-
8 922
total
-
-
-
67 280
Employee
87 494
-
168 319
-
pensions
8 441
-
10 752
-
income
15 772
-
46 824
-
health
1 442
-
2 324
-
total
25 655
-
59 900
-
Employer
87 494
-
168 319
-
health
1 662
-
3 197
-
pensions
10 331
-
21 484
-
total
11 993
-
24 681
-
Corporate
93 514
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.

17 767
36 671
-
-
total
17 767
36 671
-
-
Dividends
75 747
156 329
-
-
withholding
7 053
33 243
-
-
total
7 053
33 243
-
-
Income
193 000
193 000
193 000
193 000
Total tax
62 468
69 914
84 581
67 280
After tax
130 532
123 086
108 419
125 720
Living cost
61 840
61 840
61 840
61 840
Free-cash
68 692
61 246
46 579
63 880

Estimated living cost  is ₽61840 per week

₽46338
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7266
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.
₽7734
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽152752
₽150938
₽143064
₽148405
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
193 000
income
-
-
-
28 950
unemployment
-
-
-
131
health
-
-
-
3 757
pensions

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

-
-
-
4 835
total
-
-
-
37 673
Employee
16 238
-
186 590
-
accident

We are using the highest rate at 1.1%.

179
-
359
-
pensions

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

1 426
-
2 869
-
income
1 624
-
18 659
-
health
747
-
1 503
-
total
3 976
-
23 390
-
Employer
16 238
-
186 590
-
health
1 121
-
2 254
-
pensions

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

1 790
-
3 600
-
accident

We are using the highest rate at 1.1%.

179
-
359
-
unemployment
97
-
196
-
total
3 187
-
6 409
-
Corporate
173 576
193 000
-
-
income
17 358
19 300
-
-
total
17 358
19 300
-
-
Dividends
156 218
173 700
-
-
withholding
7 811
8 685
-
-
total
7 811
8 685
-
-
Income
193 000
193 000
193 000
193 000
Total tax
32 332
27 985
29 799
37 673
After tax
160 668
165 015
163 201
155 327
Living cost
12 263
12 263
12 263
12 263
Free-cash
148 405
152 752
150 938
143 064

Estimated living cost  is ₽12263 per week

₽7159
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽876
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽325
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3903
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44134
₽71622
₽52738
₽46485
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
65 936
health
-
-
-
11 529
pensions
-
-
-
10 954
total
-
-
-
88 419
Employee
86 680
79 840
175 625
-
pensions
10 954
10 954
10 954
-
income

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

13 068
13 068
29 678
-
health
10 814
10 423
11 529
-
total
34 836
34 445
52 161
-
Employer
86 680
79 840
175 625
-
health
6 023
5 550
6 896
-
pensions
6 032
5 557
6 907
-
unemployment
3 121
2 874
3 571
-
total
15 176
13 981
17 374
-
Corporate
91 143
99 180
-
-
income
18 228
19 836
-
-
total
18 228
19 836
-
-
Dividends
72 915
79 344
-
-
income
15 494
16 860
-
-
withholding
10 938
11 901
-
-
total
26 432
28 761
-
-
Income
193 000
193 000
193 000
193 000
Total tax
94 672
97 023
69 535
88 419
After tax
98 328
95 977
123 465
104 581
Living cost
51 843
51 843
51 843
51 843
Free-cash
46 485
44 134
71 622
52 738

Estimated living cost  is ₽51843 per week

₽38243
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4631
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽594
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8376
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽109644
₽80720
₽88917
₽101356
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
20 026
social contributions
-
-
-
33 436
solidarity contribution
-
-
-
1 330
health
-
-
-
26 055
total
-
-
-
80 847
Employee
34 171
-
150 801
-
solidarity contribution
-
-
595
-
social contributions
2 221
-
7 443
-
income
4 100
-
18 450
-
health
4 613
-
20 358
-
total
10 934
-
46 846
-
Employer
34 171
-
150 801
-
health
3 075
-
13 572
-
social contributions
8 543
-
28 626
-
total
11 618
-
42 198
-
Corporate
147 212
193 000
-
-
income
27 970
36 670
-
-
total
27 970
36 670
-
-
Dividends
119 241
156 330
-
-
withholding
17 886
23 450
-
-
total
17 886
23 450
-
-
Income
193 000
193 000
193 000
193 000
Total tax
68 408
60 120
89 044
80 847
After tax
124 592
132 880
103 956
112 153
Living cost
23 236
23 236
23 236
23 236
Free-cash
101 356
109 644
80 720
88 917

Estimated living cost  is ₽23236 per week

₽16140
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1653
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.
₽4986
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63524
₽44521
₽52478
₽58640
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
46 793
regional
-
-
-
2 358
municipal
-
-
-
1 169
national
-
-
-
50 751
total
-
-
-
101 071
Employee
83 091
-
193 000
-
municipal
440
-
1 054
-
national
14 398
-
44 522
-
regional
784
-
2 105
-
social contributions
28 018
-
61 347
-
total
43 640
-
109 028
-
Employer
83 091
-
193 000
-
total
-
-
-
-
Corporate
109 909
193 000
-
-
municipal
4 286
7 526
-
-
nationa
26 379
46 319
-
-
total
30 665
53 845
-
-
Dividends
79 243
139 154
-
-
withholding
20 604
36 180
-
-
total
20 604
36 180
-
-
Income
193 000
193 000
193 000
193 000
Total tax
94 909
90 025
109 028
101 071
After tax
98 091
102 975
83 972
91 929
Living cost
39 451
39 451
39 451
39 451
Free-cash
58 640
63 524
44 521
52 478

Estimated living cost  is ₽39451 per week

₽27500
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2587
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽605
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8758
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽100765
₽64609
₽70325
₽97857
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
58 409
other
-
-
-
-
surtax
-
-
-
9 607
unemployment
-
-
-
213
health
-
-
-
8 859
pensions
-
-
-
24 956
total
-
-
-
102 044
Employee
30 918
-
166 735
-
other
-
-
-
-
unemployment
2 152
-
8 685
-
pensions
2 062
-
8 323
-
surtax
101
-
8 490
-
income
5 182
-
52 816
-
health
790
-
3 181
-
total
10 287
-
81 495
-
Employer
30 918
-
166 735
-
health
1 407
-
5 677
-
pensions
4 121
-
16 633
-
unemployment
979
-
3 955
-
other
-
-
-
-
total
6 507
-
26 265
-
Corporate
155 575
193 000
-
-
income
40 450
50 180
-
-
total
40 450
50 180
-
-
Dividends
115 124
142 820
-
-
withholding
17 268
21 424
-
-
total
17 268
21 424
-
-
Income
193 000
193 000
193 000
193 000
Total tax
74 512
71 604
107 760
102 044
After tax
118 488
121 396
85 240
90 956
Living cost
20 631
20 631
20 631
20 631
Free-cash
97 857
100 765
64 609
70 325

Estimated living cost  is ₽20631 per week

₽12615
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1904
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5637
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80839
₽66172
₽83473
₽86948
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
58 358
pensions
-
-
-
8 922
total
-
-
-
67 280
Employee
58 636
-
168 319
-
pensions
4 977
-
10 752
-
income
10 561
-
46 824
-
health
851
-
2 324
-
total
16 389
-
59 900
-
Employer
58 636
-
168 319
-
health
1 114
-
3 197
-
pensions
6 347
-
21 484
-
total
7 461
-
24 681
-
Corporate
126 903
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.

24 111
36 671
-
-
total
24 111
36 671
-
-
Dividends
102 792
156 329
-
-
withholding
15 844
33 243
-
-
total
15 844
33 243
-
-
Income
193 000
193 000
193 000
193 000
Total tax
63 805
69 914
84 581
67 280
After tax
129 195
123 086
108 419
125 720
Living cost
42 247
42 247
42 247
42 247
Free-cash
86 948
80 839
66 172
83 473

Estimated living cost  is ₽42247 per week

₽31651
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3167
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽442
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6987
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽13967
₽72170
₽80227
₽45752
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
193 000
other

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

-
-
-
3 860
regional
-
-
-
10 227
health
-
-
-
435
city
-
-
-
2 034
national
-
-
-
4 174
pensions
-
-
-
17 756
total
-
-
-
38 486
Employee
86 935
-
173 111
-
unemployment
-
-
-
-
pensions
7 304
-
14 132
-
national
411
-
3 231
-
regional
2 847
-
8 943
-
city
933
-
1 864
-
health
197
-
389
-
total
11 692
-
28 559
-
Employer
86 935
-
173 111
-
health
197
-
389
-
pensions
7 304
-
14 132
-
unemployment
-
-
-
-
other

This will depend on a canton and a chosen fund. The rate is between 0.1% and 3.63% for an employee. We use 2% as an average rate.

1 738
-
3 463
-
total
9 239
-
17 984
-
Corporate
95 871
193 000
-
-
regional
20 276
40 819
-
-
national
8 149
16 405
-
-
total
28 425
57 224
-
-
Dividends
67 446
135 776
-
-
withholding
23 605
47 522
-
-
total
23 605
47 522
-
-
Income
193 000
193 000
193 000
193 000
Total tax
72 961
104 746
46 543
38 486
After tax
120 039
88 254
146 457
154 514
Living cost
74 287
74 287
74 287
74 287
Free-cash
45 752
13 967
72 170
80 227

Estimated living cost  is ₽74287 per week

₽48308
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6666
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽912
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18400
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽52482
₽77531
₽51887
₽67641
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
193 000
income

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

-
-
-
62 798
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.

-
-
-
3 454
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.

-
-
-
6 387
trade
-
-
-
25 644
total
-
-
-
98 283
Employee

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

56 188
-
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.

364
-
3 454
-
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.

6 607
-
62 798
-
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.

6 387
-
6 387
-
total
13 358
-
72 639
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
136 812
193 000
-
-
income
20 522
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.

1 128
1 591
-
-
chamber of commerce
335
413
-
-
trade
23 464
33 100
-
-
total
45 449
64 054
-
-
Dividends
91 362
128 946
-
-
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.

1 237
1 753
-
-
withholding
22 485
31 881
-
-
total
23 722
33 634
-
-
Income
193 000
193 000
193 000
193 000
Total tax
82 529
97 688
72 639
98 283
After tax
110 471
95 312
120 361
94 717
Living cost
42 830
42 830
42 830
42 830
Free-cash
67 641
52 482
77 531
51 887

Estimated living cost  is ₽42830 per week

₽31281
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3426
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽557
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7567
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65284
₽70570
₽75128
₽70808
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
33 645
other
-
-
-
5 983
surtax
-
-
-
-
social contributions
-
-
-
5 498
health
-
-
-
9 045
pensions
-
-
-
31 714
total
-
-
-
85 885
Employee
40 014
-
147 971
-
pensions
4 524
-
10 871
-
surtax
-
-
-
-
social contributions
1 141
-
4 217
-
income
2 361
-
30 324
-
total
8 026
-
45 412
-
Employer
40 014
-
147 971
-
health
2 801
-
14 378
-
pensions
6 573
-
18 197
-
unemployment
1 620
-
5 993
-
social contributions
121
-
444
-
other
1 380
-
6 019
-
total
12 495
-
45 031
-
Corporate
140 491
193 000
-
-
income
39 338
54 041
-
-
surtax
-
-
-
-
total
39 338
54 041
-
-
Dividends
101 153
138 959
-
-
surtax
-
-
-
-
social contributions
17 398
23 902
-
-
withholding
12 948
17 786
-
-
total
30 346
41 688
-
-
Income
193 000
193 000
193 000
193 000
Total tax
90 205
95 729
90 443
85 885
After tax
102 795
97 271
102 557
107 115
Living cost
31 987
31 987
31 987
31 987
Free-cash
70 808
65 284
70 570
75 128

Estimated living cost  is ₽31987 per week

₽20169
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2601
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽8674
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68453
₽73739
₽78297
₽73646
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
33 645
other
-
-
-
5 983
surtax
-
-
-
-
social contributions
-
-
-
5 498
health
-
-
-
9 045
pensions
-
-
-
31 714
total
-
-
-
85 885
Employee
35 718
-
147 971
-
pensions
4 040
-
10 871
-
surtax
-
-
-
-
social contributions
1 018
-
4 217
-
income
1 842
-
30 324
-
total
6 900
-
45 412
-
Employer
35 718
-
147 971
-
health
2 500
-
14 378
-
pensions
5 869
-
18 197
-
unemployment
1 446
-
5 993
-
social contributions
106
-
444
-
other
1 233
-
6 019
-
total
11 154
-
45 031
-
Corporate
146 128
193 000
-
-
income
40 915
54 041
-
-
surtax
-
-
-
-
total
40 915
54 041
-
-
Dividends
105 213
138 959
-
-
surtax
-
-
-
-
social contributions
18 099
23 902
-
-
withholding
13 468
17 786
-
-
total
31 567
41 688
-
-
Income
193 000
193 000
193 000
193 000
Total tax
90 536
95 729
90 443
85 885
After tax
102 464
97 271
102 557
107 115
Living cost
28 818
28 818
28 818
28 818
Free-cash
73 646
68 453
73 739
78 297

Estimated living cost  is ₽28818 per week

₽16713
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2927
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽546
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8632
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97924
₽99308
₽104119
₽98408
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
193 000
income
-
-
-
28 950
social contributions
-
-
-
26 634
health
-
-
-
13 472
total
-
-
-
69 056
Employee
31 700
-
193 000
-
social contributions
4 375
-
26 634
-
income
5 287
-
33 761
-
health
2 212
-
13 472
-
total
11 874
-
73 867
-
Employer
31 700
-
193 000
-
total
-
-
-
-
Corporate
161 300
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%.

8 066
9 650
-
-
total
8 066
9 650
-
-
Dividends
153 235
183 350
-
-
social contributions
21 147
25 302
-
-
withholding
22 985
27 502
-
-
health
10 695
12 797
-
-
total
54 827
65 601
-
-
Income
193 000
193 000
193 000
193 000
Total tax
74 767
75 251
73 867
69 056
After tax
118 233
117 749
119 133
123 944
Living cost
19 825
19 825
19 825
19 825
Free-cash
98 408
97 924
99 308
104 119

Estimated living cost  is ₽19825 per week

₽13268
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1222
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4877
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73572
₽17837
₽66192
₽72125
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
58 613
surtax
-
-
-
185
unemployment
-
-
-
5 734
chamber of commerce
-
-
-
772
health
-
-
-
8 355
pensions
-
-
-
20 206
total
-
-
-
93 865
Employee
46 724
37 258
157 833
-
other
467
373
1 093
-
unemployment
1 402
1 118
3 277
-
pensions
4 785
3 815
11 185
-
income
5 319
2 748
48 700
-
health
1 808
1 442
4 226
-
total
13 781
9 496
68 481
-
Employer
46 724
37 258
157 833
-
chamber of commerce
186
149
632
-
health
1 765
1 409
4 129
-
pensions
5 864
4 677
13 708
-
accident
607
484
1 419
-
unemployment
1 402
1 118
3 277
-
surtax
185
185
185
-
payroll
1 402
1 118
4 735
-
other
2 220
1 769
7 083
-
total
13 631
10 909
35 168
-
Corporate
132 647
144 834
154 285
-
income

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

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

33 162
36 208
38 571
-
total
33 162
36 208
38 571
-
Dividends
99 485
108 626
-
-
withholding
27 358
29 872
-
-
total
27 358
29 872
-
-
Income
193 000
193 000
193 000
193 000
Total tax
87 932
86 485
142 220
93 865
After tax
105 068
106 515
50 780
99 135
Living cost
32 943
32 943
32 943
32 943
Free-cash
72 125
73 572
17 837
66 192

Estimated living cost  is ₽32943 per week

₽21972
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2810
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽541
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7620
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72791
₽32279
₽49768
₽59769
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
193 000
communal

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

-
-
-
10 182
social contributions
-
-
-
23 309
national
-
-
-
75 652
total
-
-
-
109 143
Employee

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

66 876
-
149 484
-
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.

582
-
1 300
-
communal

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

3 488
-
7 798
-
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.

5 016
-
11 211
-
national
20 560
-
55 781
-
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.

3 142
-
7 026
-
total
32 788
-
83 116
-
Employer

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

66 876
-
149 484
-
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.

4 113
-
9 194
-
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.

5 926
-
13 244
-
accident

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

869
-
1 945
-
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.

976
-
2 182
-
surtax
7 583
-
16 951
-
total
19 467
-
43 516
-
Corporate
106 657
193 000
-
-
income
21 331
40 001
-
-
surtax
426
800
-
-
total
21 757
40 801
-
-
Dividends
84 900
152 198
-
-
withholding

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

25 130
45 319
-
-
total
25 130
45 319
-
-
Income
193 000
193 000
193 000
193 000
Total tax
99 142
86 120
126 632
109 143
After tax
93 858
106 880
66 368
83 857
Living cost
34 089
34 089
34 089
34 089
Free-cash
59 769
72 791
32 279
49 768

Estimated living cost  is ₽34089 per week

₽21958
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2981
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽534
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8617
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94541
₽70307
₽74230
₽88138
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
193 000
accident
-
-
-
781
income
-
-
-
59 008
other
-
-
-
87
unemployment
-
-
-
607
pensions
-
-
-
24 523
total
-
-
-
85 006
Employee
46 539
-
165 374
-
other
46
-
87
-
unemployment
722
-
1 343
-
pensions
2 188
-
4 074
-
income
9 819
-
55 798
-
total
12 775
-
61 302
-
Employer
46 539
-
165 374
-
pensions
10 982
-
20 451
-
accident
921
-
1 716
-
unemployment
2 560
-
4 766
-
other
371
-
694
-
total
14 834
-
27 627
-
Corporate
131 627
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.

19 743
28 950
-
-
total
19 743
28 950
-
-
Dividends
111 884
164 050
-
-
withholding
23 746
35 745
-
-
total
23 746
35 745
-
-
Income
193 000
193 000
193 000
193 000
Total tax
71 098
64 695
88 929
85 006
After tax
121 902
128 305
104 071
107 994
Living cost
33 764
33 764
33 764
33 764
Free-cash
88 138
94 541
70 307
74 230

Estimated living cost  is ₽33764 per week

₽24864
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2395
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.
₽6018
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59870
₽49137
₽41440
₽47150
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
193 000
communal
-
-
-
12 198
accident
-
-
-
1 627
income
-
-
-
34 868
surtax
-
-
-
9 568
health
-
-
-
13 562
pensions
-
-
-
28 929
total
-
-
-
100 752
Employee
70 802
-
172 398
-
pensions
5 663
-
13 791
-
surtax
4 340
-
10 565
-
income
6 839
-
40 425
-
health
3 151
-
7 672
-
total
19 993
-
72 453
-
Employer
70 802
-
172 398
-
health
2 159
-
5 259
-
pensions
5 663
-
13 791
-
accident
637
-
1 552
-
total
8 459
-
20 602
-
Corporate
113 739
193 000
-
-
communal
7 677
13 028
-
-
income
17 061
28 950
-
-
surtax
1 194
2 026
-
-
total
25 932
44 004
-
-
Dividends
87 807
148 996
-
-
income
27 486
15 968
-
-
withholding
13 172
22 350
-
-
total
40 658
38 318
-
-
Income
193 000
193 000
193 000
193 000
Total tax
95 042
82 322
93 055
100 752
After tax
97 958
110 678
99 945
92 248
Living cost
50 808
50 808
50 808
50 808
Free-cash
47 150
59 870
49 137
41 440

Estimated living cost  is ₽50808 per week

₽38114
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3078
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽538
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9077
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽100396
₽64240
₽69956
₽97422
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
58 409
other
-
-
-
-
surtax
-
-
-
9 607
unemployment
-
-
-
213
health
-
-
-
8 859
pensions
-
-
-
24 956
total
-
-
-
102 044
Employee
31 485
-
166 735
-
other
-
-
-
-
unemployment
2 191
-
8 685
-
pensions
2 101
-
8 323
-
surtax
112
-
8 490
-
income
5 278
-
52 816
-
health
804
-
3 181
-
total
10 486
-
81 495
-
Employer
31 485
-
166 735
-
health
1 432
-
5 677
-
pensions
4 198
-
16 633
-
unemployment
999
-
3 955
-
other
-
-
-
-
total
6 629
-
26 265
-
Corporate
154 886
193 000
-
-
income
40 271
50 180
-
-
total
40 271
50 180
-
-
Dividends
114 615
142 820
-
-
withholding
17 192
21 424
-
-
total
17 192
21 424
-
-
Income
193 000
193 000
193 000
193 000
Total tax
74 578
71 604
107 760
102 044
After tax
118 422
121 396
85 240
90 956
Living cost
21 000
21 000
21 000
21 000
Free-cash
97 422
100 396
64 240
69 956

Estimated living cost  is ₽21000 per week

₽12679
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1826
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6009
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76261
₽58219
₽66135
₽74185
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
46 793
regional
-
-
-
2 967
municipal
-
-
-
1 169
national
-
-
-
50 751
total
-
-
-
101 680
Employee
51 862
-
193 000
-
municipal
275
-
1 054
-
national
8 216
-
44 522
-
regional
698
-
2 673
-
social contributions
17 488
-
61 347
-
total
26 677
-
109 596
-
Employer
51 862
-
193 000
-
total
-
-
-
-
Corporate
141 138
193 000
-
-
municipal
7 015
9 591
-
-
nationa
33 873
46 319
-
-
total
40 888
55 910
-
-
Dividends
100 249
137 089
-
-
withholding
26 065
35 644
-
-
total
26 065
35 644
-
-
Income
193 000
193 000
193 000
193 000
Total tax
93 630
91 554
109 596
101 680
After tax
99 370
101 446
83 404
91 320
Living cost
25 185
25 185
25 185
25 185
Free-cash
74 185
76 261
58 219
66 135

Estimated living cost  is ₽25185 per week

₽15663
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2551
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽431
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6540
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽104247
₽75323
₽83520
₽94032
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
20 026
social contributions
-
-
-
33 436
solidarity contribution
-
-
-
1 330
health
-
-
-
26 055
total
-
-
-
80 847
Employee
42 107
-
150 801
-
solidarity contribution
-
-
595
-
social contributions
2 737
-
7 443
-
income
5 053
-
18 450
-
health
5 684
-
20 358
-
total
13 474
-
46 846
-
Employer
42 107
-
150 801
-
health
3 790
-
13 572
-
social contributions
10 527
-
28 626
-
total
14 317
-
42 198
-
Corporate
136 577
193 000
-
-
income
25 950
36 670
-
-
total
25 950
36 670
-
-
Dividends
110 627
156 330
-
-
withholding
16 594
23 450
-
-
total
16 594
23 450
-
-
Income
193 000
193 000
193 000
193 000
Total tax
70 335
60 120
89 044
80 847
After tax
122 665
132 880
103 956
112 153
Living cost
28 633
28 633
28 633
28 633
Free-cash
94 032
104 247
75 323
83 520

Estimated living cost  is ₽28633 per week

₽21293
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1586
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.
₽5258
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76788
₽20997
₽69492
₽76327
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
58 613
surtax
-
-
-
-
unemployment
-
-
-
5 734
chamber of commerce
-
-
-
772
health
-
-
-
8 355
pensions
-
-
-
20 206
total
-
-
-
93 680
Employee
40 869
37 258
158 005
-
other
408
373
1 093
-
unemployment
1 226
1 118
3 277
-
pensions
4 185
3 815
11 185
-
income
3 641
2 748
48 784
-
health
1 581
1 442
4 226
-
total
11 041
9 496
68 565
-
Employer
40 869
37 258
158 005
-
chamber of commerce
163
149
632
-
health
1 545
1 409
4 129
-
pensions
5 129
4 677
13 708
-
accident
530
484
1 419
-
unemployment
1 226
1 118
3 277
-
surtax
-
-
-
-
payroll
1 226
1 118
4 741
-
other
1 941
1 769
7 090
-
total
11 760
10 724
34 996
-
Corporate
140 370
145 018
154 457
-
income

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

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

35 092
36 254
38 614
-
total
35 092
36 254
38 614
-
Dividends
105 278
108 764
-
-
withholding
28 952
29 910
-
-
total
28 952
29 910
-
-
Income
193 000
193 000
193 000
193 000
Total tax
86 845
86 384
142 175
93 680
After tax
106 155
106 616
50 825
99 320
Living cost
29 828
29 828
29 828
29 828
Free-cash
76 327
76 788
20 997
69 492

Estimated living cost  is ₽29828 per week

₽17893
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3046
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽532
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8357
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽171435
₽142485
₽179155
₽169201
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
14 894
-
193 000
-
income
2 979
-
38 600
-
total
2 979
-
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%.

178 106
193 000
-
-
total
-
-
-
-
Dividends
178 106
193 000
-
-
withholding
8 905
9 650
-
-
total
8 905
9 650
-
-
Income
193 000
193 000
193 000
193 000
Total tax
11 884
9 650
38 600
1 930
After tax
181 116
183 350
154 400
191 070
Living cost
11 915
11 915
11 915
11 915
Free-cash
169 201
171 435
142 485
179 155

Estimated living cost  is ₽11915 per week

₽8063
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽500
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.
₽2952
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽107804
₽62165
₽66357
₽99981
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

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

-
-
-
193 000
income
-
-
-
47 040
unemployment
-
-
-
289
health
-
-
-
18 991
pensions
-
-
-
35 246
total
-
-
-
101 566
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.

41 343
-
166 999
-
unemployment
59
-
234
-
pensions
6 408
-
25 884
-
income
7 130
-
42 852
-
health
2 670
-
10 787
-
total
16 267
-
79 757
-
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.

41 343
-
166 999
-
health
2 754
-
11 123
-
pensions
3 658
-
14 779
-
unemployment
25
-
99
-
total
6 437
-
26 001
-
Corporate
145 220
193 000
-
-
income
27 593
36 669
-
-
total
27 593
36 669
-
-
Dividends
117 628
156 331
-
-
withholding
17 645
23 450
-
-
total
17 645
23 450
-
-
Income
193 000
193 000
193 000
193 000
Total tax
67 942
60 119
105 758
101 566
After tax
125 058
132 881
87 242
91 434
Living cost
25 077
25 077
25 077
25 077
Free-cash
99 981
107 804
62 165
66 357

Estimated living cost  is ₽25077 per week

₽17210
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1607
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.
₽5775
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77174
₽140482
₽93131
₽32807
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
193 000
income
-
-
-
37 620
social contributions
-
-
-
22 002
total
-
-
-
59 622
Employee
57 709
-
-
-
social contributions
4 732
-
674
-
income
12 729
-
-
-
total
17 461
-
674
-
Employer
57 709
-
-
-
social contributions
81 369
-
11 597
-
total
81 369
-
11 597
-
Corporate
53 922
193 000
-
-
income
11 863
42 460
-
-
total
11 863
42 460
-
-
Dividends
42 059
150 540
-
-
income
9 253
33 119
-
-
total
9 253
33 119
-
-
Income
193 000
193 000
193 000
193 000
Total tax
119 946
75 579
12 271
59 622
After tax
73 054
117 421
180 729
133 378
Living cost
40 247
40 247
40 247
40 247
Free-cash
32 807
77 174
140 482
93 131

Estimated living cost  is ₽40247 per week

₽26114
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3785
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9835
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80453
₽57586
₽72218
₽79511
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
193 000
income
-
-
-
24 389
surtax
-
-
-
-
social contributions

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

-
-
-
67 067
total
-
-
-
91 456
Employee
43 000
-
155 960
-
surtax
-
-
-
-
social contributions
4 730
-
17 155
-
income
8 944
-
51 893
-
total
13 674
-
69 048
-
Employer
43 000
-
155 960
-
social contributions
10 212
-
37 040
-
total
10 212
-
37 040
-
Corporate
139 788
193 000
-
-
income
29 356
40 530
-
-
surtax
-
-
-
-
total
29 356
40 530
-
-
Dividends
110 432
152 470
-
-
withholding
30 921
42 691
-
-
total
30 921
42 691
-
-
Income
193 000
193 000
193 000
193 000
Total tax
84 163
83 221
106 088
91 456
After tax
108 837
109 779
86 912
101 544
Living cost
29 326
29 326
29 326
29 326
Free-cash
79 511
80 453
57 586
72 218

Estimated living cost  is ₽29326 per week

₽21942
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1730
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5165
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52115
₽57401
₽61959
₽58541
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
33 645
other
-
-
-
5 983
surtax
-
-
-
-
social contributions
-
-
-
5 498
health
-
-
-
9 045
pensions
-
-
-
31 714
total
-
-
-
85 885
Employee
58 557
-
147 971
-
pensions
6 623
-
10 871
-
surtax
-
-
-
-
social contributions
1 668
-
4 217
-
income
5 109
-
30 324
-
total
13 400
-
45 412
-
Employer
58 557
-
147 971
-
health
4 098
-
14 378
-
pensions
9 622
-
18 197
-
unemployment
2 372
-
5 993
-
social contributions
176
-
444
-
other
2 021
-
6 019
-
total
18 289
-
45 031
-
Corporate
116 155
193 000
-
-
income
32 523
54 041
-
-
surtax
-
-
-
-
total
32 523
54 041
-
-
Dividends
83 632
138 959
-
-
surtax
-
-
-
-
social contributions
14 385
23 902
-
-
withholding
10 706
17 786
-
-
total
25 091
41 688
-
-
Income
193 000
193 000
193 000
193 000
Total tax
89 303
95 729
90 443
85 885
After tax
103 697
97 271
102 557
107 115
Living cost
45 156
45 156
45 156
45 156
Free-cash
58 541
52 115
57 401
61 959

Estimated living cost  is ₽45156 per week

₽30561
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3694
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽619
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10282
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽145596
₽118190
₽113059
₽142456
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 377
social contributions
-
-
-
42 460
total
-
-
-
51 837
Employee
30 057
-
167 098
-
income
-
-
9 946
-
social contributions
1 953
-
10 860
-
total
1 953
-
20 806
-
Employer
30 057
-
167 098
-
social contributions
4 659
-
25 900
-
total
4 659
-
25 900
-
Corporate
158 284
193 000
-
-
income
15 828
19 300
-
-
total
15 828
19 300
-
-
Dividends
142 456
173 700
-
-
total
-
-
-
-
Income
193 000
193 000
193 000
193 000
Total tax
22 440
19 300
46 706
51 837
After tax
170 560
173 700
146 294
141 163
Living cost
28 104
28 104
28 104
28 104
Free-cash
142 456
145 596
118 190
113 059

Estimated living cost  is ₽28104 per week

₽18171
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2118
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽529
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7285
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10501
-₽10501
₽67200
-₽10501
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
193 000
labour market
-
-
-
15 375
municipal
-
-
-
41 048
national
-
-
-
23 585
pensions
-
-
-
810
total
-
-
-
80 818
Employee
189 858
189 858
189 858
-
municipal
40 429
40 429
40 429
-
labour market
15 167
15 167
15 167
-
pensions
270
270
270
-
national
23 195
23 195
23 195
-
total
79 061
79 061
79 061
-
Employer
189 858
189 858
189 858
-
national
23 235
23 235
23 235
-
labour market
15 189
15 189
15 189
-
pensions
540
540
540
-
municipal
40 494
40 494
40 494
-
total
79 458
79 458
79 458
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
193 000
193 000
193 000
193 000
Total tax
158 519
158 519
158 519
80 818
After tax
34 481
34 481
34 481
112 182
Living cost
44 982
44 982
44 982
44 982
Free-cash
-10 501
-10 501
-10 501
67 200

Estimated living cost  is ₽44982 per week

₽30786
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3979
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽692
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9525
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4842
₽85292
₽111365
₽12492
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
193 000
accident
-
-
-
239
income
-
-
-
54 581
other
-
-
-
350
health
-
-
-
2 060
pensions
-
-
-
3 930
total
-
-
-
61 160
Employee
32 208
-
175 368
-
pensions
3 627
-
7 207
-
income
4 419
-
42 313
-
health
3 688
-
20 080
-
total
11 734
-
69 600
-
Employer
32 208
-
175 368
-
pensions
5 237
-
10 407
-
accident
538
-
2 929
-
unemployment
789
-
4 297
-
total
6 564
-
17 633
-
Corporate
154 228
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.

138 805
173 700
-
-
total
138 805
173 700
-
-
Dividends
15 423
19 300
-
-
withholding
2 930
3 667
-
-
total
2 930
3 667
-
-
Income
193 000
193 000
193 000
193 000
Total tax
160 033
177 367
87 233
61 160
After tax
32 967
15 633
105 767
131 840
Living cost
20 475
20 475
20 475
20 475
Free-cash
12 492
-4 842
85 292
111 365

Estimated living cost  is ₽20475 per week

₽14903
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1167
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽384
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4020
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83284
₽62367
₽84474
₽86171
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
193 000
health
-
-
-
2 581
municipal
-
-
-
34 276
national
-
-
-
35 774
total
-
-
-
72 631
Employee
49 189
-
162 361
-
municipal
8 057
-
26 434
-
unemployment
738
-
2 436
-
pensions
3 320
-
10 959
-
national
813
-
22 160
-
health
367
-
2 110
-
total
13 295
-
64 099
-
Employer
49 189
-
162 361
-
health
378
-
1 251
-
pensions
8 534
-
28 169
-
accident
50
-
163
-
unemployment
319
-
1 056
-
total
9 281
-
30 639
-
Corporate
134 530
193 000
-
-
income
26 906
38 600
-
-
total
26 906
38 600
-
-
Dividends

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

80 718
115 800
-
-
municipal
14 529
20 843
-
-
national
6 923
14 378
-
-
total
21 452
35 221
-
-
Income
193 000
193 000
193 000
193 000
Total tax
70 934
73 821
94 738
72 631
After tax
122 066
119 179
98 262
120 369
Living cost
35 895
35 895
35 895
35 895
Free-cash
86 171
83 284
62 367
84 474

Estimated living cost  is ₽35895 per week

₽23446
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3453
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8426
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽119056
₽107232
₽108852
₽113969
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
42 453
social contributions
-
-
-
15 127
health
-
-
-
4 922
total
-
-
-
62 502
Employee
71 892
71 892
181 592
-
social contributions
2 718
5 967
8 048
-
income
7 828
6 655
41 580
-
health
557
1 222
3 087
-
total
11 103
13 844
52 715
-
Employer
71 892
71 892
181 592
-
health
605
1 331
3 359
-
social contributions
2 718
5 967
8 048
-
total
3 323
7 298
11 407
-
Corporate
156 928
113 811
-
-
income
19 616
14 226
-
-
total
19 616
14 226
-
-
Dividends
137 312
99 585
-
-
withholding
23 343
16 930
-
-
total
23 343
16 930
-
-
Income
193 000
193 000
193 000
193 000
Total tax
57 385
52 298
64 122
62 502
After tax
135 615
140 702
128 878
130 498
Living cost
21 646
21 646
21 646
21 646
Free-cash
113 969
119 056
107 232
108 852

Estimated living cost  is ₽21646 per week

₽12973
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2124
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽479
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6071
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽144980
₽130175
₽148929
₽140223
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
193 000
income
-
-
-
19 870
unemployment
-
-
-
27
health
-
-
-
3 383
pensions
-
-
-
5 947
total
-
-
-
29 227
Employee

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

21 460
-
183 863
-
unemployment
106
-
444
-
pensions
3 218
-
13 307
-
income
1 467
-
17 552
-
health
1 824
-
7 540
-
total
6 615
-
38 843
-
Employer

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

21 460
-
183 863
-
health
923
-
3 815
-
pensions
1 180
-
4 879
-
unemployment
106
-
444
-
total
2 209
-
9 138
-
Corporate
169 331
193 000
-
-
income
15 240
17 370
-
-
total
15 240
17 370
-
-
Dividends
154 091
175 630
-
-
withholding
13 869
15 806
-
-
total
13 869
15 806
-
-
Income
193 000
193 000
193 000
193 000
Total tax
37 933
33 176
47 981
29 227
After tax
155 067
159 824
145 019
163 773
Living cost
14 844
14 844
14 844
14 844
Free-cash
140 223
144 980
130 175
148 929

Estimated living cost  is ₽14844 per week

₽9471
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1070
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽442
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3861
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽102595
₽78361
₽82284
₽98465
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
193 000
accident
-
-
-
781
income
-
-
-
59 008
other
-
-
-
87
unemployment
-
-
-
607
pensions
-
-
-
24 523
total
-
-
-
85 006
Employee
34 570
-
165 374
-
other
34
-
87
-
unemployment
536
-
1 343
-
pensions
1 625
-
4 074
-
income
6 665
-
55 798
-
total
8 860
-
61 302
-
Employer
34 570
-
165 374
-
pensions
8 158
-
20 451
-
accident
685
-
1 716
-
unemployment
1 902
-
4 766
-
other
277
-
694
-
total
11 022
-
27 627
-
Corporate
147 409
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.

22 112
28 950
-
-
total
22 112
28 950
-
-
Dividends
125 297
164 050
-
-
withholding
26 831
35 745
-
-
total
26 831
35 745
-
-
Income
193 000
193 000
193 000
193 000
Total tax
68 825
64 695
88 929
85 006
After tax
124 175
128 305
104 071
107 994
Living cost
25 710
25 710
25 710
25 710
Free-cash
98 465
102 595
78 361
82 284

Estimated living cost  is ₽25710 per week

₽17354
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2471
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5434
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽118602
₽122415
₽122545
₽118301
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
66 322
health
-
-
-
968
pensions
-
-
-
1 335
total
-
-
-
68 625
Employee
2 788
-
191 498
-
unemployment
28
-
67
-
pensions
251
-
601
-
income
539
-
66 252
-
health
139
-
334
-
total
957
-
67 254
-
Employer
2 788
-
191 498
-
health
265
-
634
-
pensions
307
-
734
-
unemployment
56
-
133
-
total
628
-
1 501
-
Corporate
189 585
193 000
-
-
income
41 709
42 460
-
-
total
41 709
42 460
-
-
Dividends
147 876
150 540
-
-
withholding
29 575
30 108
-
-
total
29 575
30 108
-
-
Income
193 000
193 000
193 000
193 000
Total tax
72 869
72 568
68 755
68 625
After tax
120 131
120 432
124 245
124 375
Living cost
1 830
1 830
1 830
1 830
Free-cash
118 301
118 602
122 415
122 545

Estimated living cost  is ₽1830 per week

₽1088
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽148
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽42
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽552
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽123266
₽106352
₽106351
₽118665
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
193 000
income
-
-
-
44 343
unemployment
-
-
-
1 037
health
-
-
-
7 120
pensions
-
-
-
17 973
total
-
-
-
70 473
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.

24 392
-
180 627
-
unemployment
183
-
518
-
pensions
3 415
-
9 678
-
income
3 362
-
44 343
-
health
1 256
-
3 560
-
total
8 216
-
58 099
-
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.

24 392
-
180 627
-
health
1 256
-
3 560
-
pensions
2 927
-
8 295
-
unemployment
183
-
518
-
total
4 366
-
12 373
-
Corporate
164 242
193 000
-
-
income
24 636
28 950
-
-
total
24 636
28 950
-
-
Dividends
139 605
164 050
-
-
withholding
20 941
24 608
-
-
total
20 941
24 608
-
-
Income
193 000
193 000
193 000
193 000
Total tax
58 159
53 558
70 472
70 473
After tax
134 841
139 442
122 528
122 527
Living cost
16 176
16 176
16 176
16 176
Free-cash
118 665
123 266
106 352
106 351

Estimated living cost  is ₽16176 per week

₽10891
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1251
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3565
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84574
₽61707
₽76339
₽84237
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
193 000
income
-
-
-
24 389
surtax
-
-
-
-
social contributions

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

-
-
-
67 067
total
-
-
-
91 456
Employee
36 287
-
155 960
-
surtax
-
-
-
-
social contributions
3 992
-
17 155
-
income
7 090
-
51 893
-
total
11 082
-
69 048
-
Employer
36 287
-
155 960
-
social contributions
8 617
-
37 040
-
total
8 617
-
37 040
-
Corporate
148 096
193 000
-
-
income
31 100
40 530
-
-
surtax
-
-
-
-
total
31 100
40 530
-
-
Dividends
116 996
152 470
-
-
withholding
32 759
42 691
-
-
total
32 759
42 691
-
-
Income
193 000
193 000
193 000
193 000
Total tax
83 558
83 221
106 088
91 456
After tax
109 442
109 779
86 912
101 544
Living cost
25 205
25 205
25 205
25 205
Free-cash
84 237
84 574
61 707
76 339

Estimated living cost  is ₽25205 per week

₽17852
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1751
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽447
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5156
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95447
₽71213
₽75136
₽89329
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
193 000
accident
-
-
-
781
income
-
-
-
59 008
other
-
-
-
87
unemployment
-
-
-
607
pensions
-
-
-
24 523
total
-
-
-
85 006
Employee
45 153
-
165 374
-
other
44
-
87
-
unemployment
699
-
1 343
-
pensions
2 122
-
4 074
-
income
9 431
-
55 798
-
total
12 296
-
61 302
-
Employer
45 153
-
165 374
-
pensions
10 656
-
20 451
-
accident
894
-
1 716
-
unemployment
2 484
-
4 766
-
other
362
-
694
-
total
14 396
-
27 627
-
Corporate
133 451
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.

20 018
28 950
-
-
total
20 018
28 950
-
-
Dividends
113 433
164 050
-
-
withholding
24 103
35 745
-
-
total
24 103
35 745
-
-
Income
193 000
193 000
193 000
193 000
Total tax
70 813
64 695
88 929
85 006
After tax
122 187
128 305
104 071
107 994
Living cost
32 858
32 858
32 858
32 858
Free-cash
89 329
95 447
71 213
75 136

Estimated living cost  is ₽32858 per week

₽23597
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2555
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6243
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽148926
₽147112
₽139238
₽143226
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
193 000
income
-
-
-
28 950
unemployment
-
-
-
131
health
-
-
-
3 757
pensions

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

-
-
-
4 835
total
-
-
-
37 673
Employee
21 305
-
186 590
-
accident

We are using the highest rate at 1.1%.

234
-
359
-
pensions

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

1 870
-
2 869
-
income
2 131
-
18 659
-
health
980
-
1 503
-
total
5 215
-
23 390
-
Employer
21 305
-
186 590
-
health
1 470
-
2 254
-
pensions

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

2 348
-
3 600
-
accident

We are using the highest rate at 1.1%.

234
-
359
-
unemployment
128
-
196
-
total
4 180
-
6 409
-
Corporate
167 515
193 000
-
-
income
16 752
19 300
-
-
total
16 752
19 300
-
-
Dividends
150 763
173 700
-
-
withholding
7 538
8 685
-
-
total
7 538
8 685
-
-
Income
193 000
193 000
193 000
193 000
Total tax
33 685
27 985
29 799
37 673
After tax
159 315
165 015
163 201
155 327
Living cost
16 090
16 090
16 090
16 090
Free-cash
143 226
148 926
147 112
139 238

Estimated living cost  is ₽16090 per week

₽10641
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽921
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽384
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4144
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63187
₽84266
₽62809
₽75416
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
193 000
income

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

-
-
-
62 798
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.

-
-
-
3 454
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.

-
-
-
6 387
trade
-
-
-
21 457
total
-
-
-
94 096
Employee

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

46 519
-
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.

211
-
3 454
-
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.

3 825
-
62 798
-
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.

6 387
-
6 387
-
total
10 423
-
72 639
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
146 481
193 000
-
-
income
21 972
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.

1 208
1 591
-
-
chamber of commerce
357
426
-
-
trade
21 021
27 695
-
-
total
44 558
58 662
-
-
Dividends
101 924
134 337
-
-
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.

1 382
1 827
-
-
withholding
25 126
33 229
-
-
total
26 508
35 056
-
-
Income
193 000
193 000
193 000
193 000
Total tax
81 489
93 718
72 639
94 096
After tax
111 511
99 282
120 361
98 904
Living cost
36 095
36 095
36 095
36 095
Free-cash
75 416
63 187
84 266
62 809

Estimated living cost  is ₽36095 per week

₽24899
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3884
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽523
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6788
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81840
₽45142
₽45142
₽83907
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
61 746
social contributions
-
-
-
32 854
total
-
-
-
94 600
Employee
73 133
-
193 000
-
income
13 800
-
61 746
-
social contributions
6 076
-
32 854
-
total
19 876
-
94 600
-
Employer
73 133
-
193 000
-
total
-
-
-
-
Corporate
119 867
193 000
-
-
income
14 983
24 126
-
-
total
14 983
24 126
-
-
Dividends
104 884
168 874
-
-
withholding
20 976
33 776
-
-
total
20 976
33 776
-
-
Income
193 000
193 000
193 000
193 000
Total tax
55 835
57 902
94 600
94 600
After tax
137 165
135 098
98 400
98 400
Living cost
53 258
53 258
53 258
53 258
Free-cash
83 907
81 840
45 142
45 142

Estimated living cost  is ₽53258 per week

₽40518
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4340
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽509
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7892
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86573
₽101561
₽124362
₽89840
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
193 000
income
-
-
-
28 950
health

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

-
-
-
5 750
total
-
-
-
34 700
Employee
42 889
-
188 699
-
income
4 654
-
48 899
-
social contributions
4 297
-
4 301
-
total
8 951
-
53 200
-
Employer
42 889
-
188 699
-
social contributions
4 297
-
4 301
-
total
4 297
-
4 301
-
Corporate
145 814
193 000
-
-
income
51 035
67 550
-
-
total
51 035
67 550
-
-
Dividends
94 778
125 450
-
-
social contributions
4 939
4 939
-
-
total
4 939
4 939
-
-
Income
193 000
193 000
193 000
193 000
Total tax
69 222
72 489
57 501
34 700
After tax
123 778
120 511
135 499
158 300
Living cost
33 938
33 938
33 938
33 938
Free-cash
89 840
86 573
101 561
124 362

Estimated living cost  is ₽33938 per week

₽22355
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2676
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8387
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88740
₽74073
₽91374
₽94217
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
58 358
pensions
-
-
-
8 922
total
-
-
-
67 280
Employee
47 144
-
168 319
-
pensions
3 598
-
10 752
-
income
8 585
-
46 824
-
health
615
-
2 324
-
total
12 798
-
59 900
-
Employer
47 144
-
168 319
-
health
896
-
3 197
-
pensions
4 763
-
21 484
-
total
5 659
-
24 681
-
Corporate
140 197
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.

26 638
36 671
-
-
total
26 638
36 671
-
-
Dividends
113 559
156 329
-
-
withholding
19 342
33 243
-
-
total
19 342
33 243
-
-
Income
193 000
193 000
193 000
193 000
Total tax
64 437
69 914
84 581
67 280
After tax
128 563
123 086
108 419
125 720
Living cost
34 346
34 346
34 346
34 346
Free-cash
94 217
88 740
74 073
91 374

Estimated living cost  is ₽34346 per week

₽23561
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3158
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽430
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7195
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽6869
₽83265
₽109338
₽12181
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
193 000
accident
-
-
-
239
income
-
-
-
54 581
other
-
-
-
350
health
-
-
-
2 060
pensions
-
-
-
3 930
total
-
-
-
61 160
Employee
35 396
-
175 368
-
pensions
3 986
-
7 207
-
income
4 856
-
42 313
-
health
4 053
-
20 080
-
total
12 895
-
69 600
-
Employer
35 396
-
175 368
-
pensions
5 755
-
10 407
-
accident
591
-
2 929
-
unemployment
867
-
4 297
-
total
7 213
-
17 633
-
Corporate
150 391
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.

135 351
173 700
-
-
total
135 351
173 700
-
-
Dividends
15 039
19 300
-
-
withholding
2 858
3 667
-
-
total
2 858
3 667
-
-
Income
193 000
193 000
193 000
193 000
Total tax
158 317
177 367
87 233
61 160
After tax
34 683
15 633
105 767
131 840
Living cost
22 502
22 502
22 502
22 502
Free-cash
12 181
-6 869
83 265
109 338

Estimated living cost  is ₽22502 per week

₽16514
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1311
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.
₽4223
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽135031
₽127599
₽107063
₽132206
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
193 000
income
-
-
-
32 252
unemployment
-
-
-
1 792
work injury
-
-
-
747
health insurance
-
-
-
11 052
pensions
-
-
-
27 480
total
-
-
-
73 323
Employee

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

20 183
-
193 000
-
health insurance
1 493
-
5 526
-
unemployment
242
-
896
-
work injury
101
-
373
-
pensions
3 714
-
13 740
-
income
2 018
-
32 252
-
total
7 568
-
52 787
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
172 817
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%.

17 282
19 300
-
-
total
17 282
19 300
-
-
Dividends
155 536
173 700
-
-
withholding
23 330
26 055
-
-
total
23 330
26 055
-
-
Income
193 000
193 000
193 000
193 000
Total tax
48 180
45 355
52 787
73 323
After tax
144 820
147 645
140 213
119 677
Living cost
12 614
12 614
12 614
12 614
Free-cash
132 206
135 031
127 599
107 063

Estimated living cost  is ₽12614 per week

₽7815
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽917
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽394
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3489
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64416
₽44628
₽52338
₽60162
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
46 793
regional
-
-
-
4 557
municipal
-
-
-
1 316
national
-
-
-
50 751
total
-
-
-
103 417
Employee
78 783
-
193 000
-
municipal
470
-
1 185
-
national
13 314
-
44 522
-
regional
1 189
-
4 073
-
social contributions
26 565
-
61 347
-
total
41 538
-
111 127
-
Employer
78 783
-
193 000
-
total
-
-
-
-
Corporate
114 217
193 000
-
-
municipal
5 505
9 302
-
-
nationa
27 412
46 319
-
-
total
32 917
55 621
-
-
Dividends
81 300
137 378
-
-
withholding
21 138
35 718
-
-
total
21 138
35 718
-
-
Income
193 000
193 000
193 000
193 000
Total tax
95 593
91 339
111 127
103 417
After tax
97 407
101 661
81 873
89 583
Living cost
37 246
37 246
37 246
37 246
Free-cash
60 162
64 416
44 628
52 338

Estimated living cost  is ₽37246 per week

₽26163
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2562
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽562
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7957
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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