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
₽68550
₽69167
₽79438
₽92147
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 344
trade
-
-
-
23 597
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.

-
-
-
3 461
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.

-
-
-
62 922
total
-
-
-
96 324
Employee

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

35 517
-
193 000
-
health

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

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

6 344
-
6 344
-
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
-
3 461
-
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.

992
-
62 922
-
total
7 391
-
72 727
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
157 483
193 000
-
-
trade
24 804
30 397
-
-
chamber of commerce
367
418
-
-
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.

1 299
1 593
-
-
income
23 622
28 951
-
-
total
50 092
61 359
-
-
Dividends
107 392
131 641
-
-
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.

1 457
1 790
-
-
withholding
26 496
32 558
-
-
total
27 953
34 348
-
-
Income
193 000
193 000
193 000
193 000
Total tax
85 436
95 707
72 727
96 324
After tax
107 564
97 293
120 273
96 676
Living cost
28 126
28 126
28 126
28 126
Free-cash
79 438
69 167
92 147
68 550

Estimated living cost  is ₽28126 per week

₽17692
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3279
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6629
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62972
₽71809
₽71000
₽64008
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
21 313
social contributions
-
-
-
2 075
national
-
-
-
34 857
pensions
-
-
-
23 160
total
-
-
-
81 405
Employee
75 375
-
166 847
-
pensions
3 015
-
6 674
-
national
14 427
-
36 493
-
municipal
9 310
-
22 060
-
total
26 752
-
65 227
-
Employer
75 375
-
166 847
-
pensions
6 030
-
13 348
-
social contributions
810
-
1 794
-
total
6 840
-
15 142
-
Corporate
105 811
193 000
-
-
income

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

21 162
38 600
-
-
total
21 162
38 600
-
-
Dividends
84 648
154 400
-
-
withholding
18 623
33 968
-
-
total
18 623
33 968
-
-
Income
193 000
193 000
193 000
193 000
Total tax
73 377
72 568
80 369
81 405
After tax
119 623
120 432
112 631
111 595
Living cost
48 623
48 623
48 623
48 623
Free-cash
71 000
71 809
64 008
62 972

Estimated living cost  is ₽48623 per week

₽33048
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4520
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽728
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10327
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49810
₽135082
₽127464
₽63758
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
193 000
social contributions

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

-
-
-
35 578
income
-
-
-
39 078
microenterprise
-
-
-
-
surtax
-
-
-
49 215
total
-
-
-
123 871
Employee
27 134
-
149 855
-
surtax
-
-
21 729
-
social contributions

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

2 985
-
12 173
-
income
4 830
-
32 878
-
total
7 815
-
66 780
-
Employer
27 134
-
149 855
-
surtax
-
-
16 483
-
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.

6 536
-
26 660
-
total
6 536
-
43 143
-
Corporate
159 330
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%.

31 867
38 600
-
-
total
31 867
38 600
-
-
Dividends

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

127 463
154 400
-
-
total
-
-
-
-
Income
193 000
193 000
193 000
193 000
Total tax
46 218
38 600
109 923
123 871
After tax
146 782
154 400
83 077
69 129
Living cost
19 318
19 318
19 318
19 318
Free-cash
127 464
135 082
63 758
49 810

Estimated living cost  is ₽19318 per week

₽12325
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1840
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽439
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4716
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65602
₽57090
₽51403
₽84561
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
11 451
pensions
-
-
-
10 880
income
-
-
-
66 167
total
-
-
-
88 498
Employee
79 297
79 297
175 743
-
health
12 171
10 353
11 451
-
pensions
14 274
10 880
10 880
-
income

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

12 980
12 980
29 951
-
total
39 425
34 213
52 282
-
Employer
79 297
79 297
175 743
-
health
5 512
5 512
6 850
-
pensions
5 519
5 519
6 860
-
unemployment
2 855
2 855
3 547
-
total
13 886
13 886
17 257
-
Corporate
100 790
99 817
-
-
income
20 157
19 964
-
-
total
20 157
19 964
-
-
Dividends
80 632
79 853
-
-
income
17 134
16 970
-
-
withholding
12 095
11 977
-
-
total
29 229
28 947
-
-
Income
193 000
193 000
193 000
193 000
Total tax
102 697
97 010
69 539
88 498
After tax
90 303
95 990
123 461
104 502
Living cost
38 900
38 900
38 900
38 900
Free-cash
51 403
57 090
84 561
65 602

Estimated living cost  is ₽38900 per week

₽27567
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3507
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.
₽7207
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59231
₽66943
₽66080
₽58298
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
5 256
accident
-
-
-
168
other
-
-
-
9 788
municipal
-
-
-
50 276
pensions
-
-
-
9 106
national
-
-
-
20 656
unemployment
-
-
-
84
total
-
-
-
95 334
Employee
54 766
-
166 533
-
national
-
-
20 140
-
municipal
16 331
-
49 660
-
total
16 331
-
69 800
-
Employer
54 766
-
166 533
-
health
3 368
-
5 181
-
accident
110
-
168
-
pensions
5 920
-
9 106
-
other
6 364
-
9 788
-
unemployment
1 446
-
2 224
-
total
17 208
-
26 467
-
Corporate
121 026
193 000
-
-
income
26 626
42 460
-
-
total
26 626
42 460
-
-
Dividends
94 400
150 540
-
-
withholding
28 320
45 162
-
-
total
28 320
45 162
-
-
Income
193 000
193 000
193 000
193 000
Total tax
88 485
87 622
96 267
95 334
After tax
104 515
105 378
96 733
97 666
Living cost
38 435
38 435
38 435
38 435
Free-cash
66 080
66 943
58 298
59 231

Estimated living cost  is ₽38435 per week

₽25473
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3772
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8607
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59147
₽59820
₽72869
₽83794
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 344
trade
-
-
-
24 647
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.

-
-
-
3 461
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.

-
-
-
62 922
total
-
-
-
97 374
Employee

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

47 090
-
193 000
-
health

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

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

6 344
-
6 344
-
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.

222
-
3 461
-
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.

4 046
-
62 922
-
total
10 612
-
72 727
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
145 910
193 000
-
-
trade
24 002
31 749
-
-
chamber of commerce
349
416
-
-
surtax

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

1 204
1 593
-
-
income
21 886
28 951
-
-
total
47 441
62 709
-
-
Dividends
98 469
130 292
-
-
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.

1 334
1 773
-
-
withholding
24 265
32 219
-
-
total
25 599
33 992
-
-
Income
193 000
193 000
193 000
193 000
Total tax
83 652
96 701
72 727
97 374
After tax
109 348
96 299
120 273
95 626
Living cost
36 479
36 479
36 479
36 479
Free-cash
72 869
59 820
83 794
59 147

Estimated living cost  is ₽36479 per week

₽24397
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3847
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.
₽7690
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

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
₽100322
₽110580
₽106728
₽98706
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
4 922
social contributions
-
-
-
15 024
income
-
-
-
42 613
total
-
-
-
62 559
Employee
71 404
71 404
181 646
-
health
710
1 214
3 087
-
social contributions
3 470
5 926
7 993
-
income
7 498
6 610
41 742
-
total
11 678
13 750
52 822
-
Employer
71 404
71 404
181 646
-
health
774
1 322
3 360
-
social contributions
3 470
5 926
7 993
-
total
4 244
7 248
11 353
-
Corporate
146 960
114 349
-
-
income
18 371
14 293
-
-
total
18 371
14 293
-
-
Dividends
128 590
100 056
-
-
withholding
21 860
17 010
-
-
total
21 860
17 010
-
-
Income
193 000
193 000
193 000
193 000
Total tax
56 153
52 301
64 175
62 559
After tax
136 847
140 699
128 825
130 441
Living cost
30 119
30 119
30 119
30 119
Free-cash
106 728
110 580
98 706
100 322

Estimated living cost  is ₽30119 per week

₽20589
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2352
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽506
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6672
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽116846
₽91500
₽91852
₽95028
S + D Salary + Dividends

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

Dividends

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

Salary

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

24 330
9 683
161 506
-
health
1 703
678
11 305
-
pensions
2 433
968
16 151
-
unemployment
365
145
2 423
-
income
2 974
1 184
19 744
-
total
7 475
2 975
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.

24 330
9 683
161 506
-
pensions
4 744
1 888
31 494
-
total
4 744
1 888
31 494
-
Corporate
163 926
181 429
-
-
income
14 753
16 329
-
-
total
14 753
16 329
-
-
Dividends
149 172
165 100
-
-
social contributions
28 978
32 084
-
-
withholding
28 343
31 369
-
-
total
57 321
63 453
-
-
Income
193 000
193 000
193 000
193 000
Total tax
84 293
84 645
81 117
59 299
After tax
108 707
108 355
111 883
133 701
Living cost
16 855
16 855
16 855
16 855
Free-cash
91 852
91 500
95 028
116 846

Estimated living cost  is ₽16855 per week

₽11502
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1379
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽337
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3637
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81019
₽131971
₽126201
₽88815
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
25 090
pensions
-
-
-
38 600
income
-
-
-
25 862
total
-
-
-
89 552
Employee
26 342
-
144 246
-
pensions
527
-
2 885
-
unemployment
421
-
2 308
-
income
2 966
-
27 810
-
total
3 914
-
33 003
-
Employer
26 342
-
144 246
-
health
3 424
-
18 751
-
pensions
5 269
-
28 848
-
unemployment
211
-
1 154
-
total
8 904
-
48 753
-
Corporate
157 753
193 000
-
-
income
31 552
38 600
-
-
total
31 552
38 600
-
-
Dividends
126 202
154 400
-
-
total
-
-
-
-
Income
193 000
193 000
193 000
193 000
Total tax
44 370
38 600
81 756
89 552
After tax
148 630
154 400
111 244
103 448
Living cost
22 429
22 429
22 429
22 429
Free-cash
126 201
131 971
88 815
81 019

Estimated living cost  is ₽22429 per week

₽15384
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1336
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.
₽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 Tallinn model

Close
Gdansk , Poland
₽111364
-₽4833
₽12494
₽85392
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
2 029
accident
-
-
-
235
other
-
-
-
345
pensions
-
-
-
3 871
income
-
-
-
54 690
total
-
-
-
61 170
Employee
32 195
-
175 519
-
health
3 686
-
20 097
-
pensions
3 625
-
7 097
-
income
4 417
-
42 468
-
total
11 728
-
69 662
-
Employer
32 195
-
175 519
-
accident
537
-
2 931
-
pensions
5 235
-
10 249
-
unemployment
789
-
4 300
-
total
6 561
-
17 480
-
Corporate
154 244
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.

138 820
173 700
-
-
total
138 820
173 700
-
-
Dividends
15 424
19 300
-
-
withholding
2 931
3 667
-
-
total
2 931
3 667
-
-
Income
193 000
193 000
193 000
193 000
Total tax
160 040
177 367
87 142
61 170
After tax
32 960
15 633
105 858
131 830
Living cost
20 466
20 466
20 466
20 466
Free-cash
12 494
-4 833
85 392
111 364

Estimated living cost  is ₽20466 per week

₽15000
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1134
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽427
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3906
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽183412
₽175692
₽174257
₽146742
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 572
-
193 000
-
income
1 914
-
38 600
-
total
1 914
-
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%.

183 428
193 000
-
-
total
-
-
-
-
Dividends
183 428
193 000
-
-
withholding
9 171
9 650
-
-
total
9 171
9 650
-
-
Income
193 000
193 000
193 000
193 000
Total tax
11 085
9 650
38 600
1 930
After tax
181 915
183 350
154 400
191 070
Living cost
7 658
7 658
7 658
7 658
Free-cash
174 257
175 692
146 742
183 412

Estimated living cost  is ₽7658 per week

₽4746
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽637
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.
₽2065
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88829
₽117054
₽110781
₽87199
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
6 213
other
-
-
-
6 707
pensions

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

-
-
-
33 890
income
-
-
-
32 618
total
-
-
-
79 428
Employee
33 716
-
157 288
-
health
472
-
1 977
-
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.

2 360
-
9 884
-
unemployment
337
-
1 411
-
income
5 805
-
32 075
-
total
8 974
-
45 347
-
Employer
33 716
-
157 288
-
health
472
-
1 977
-
accident
270
-
1 258
-
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.

5 732
-
24 006
-
other
1 686
-
7 059
-
unemployment
337
-
1 411
-
total
8 497
-
35 711
-
Corporate
150 787
193 000
-
-
income
31 666
40 530
-
-
total
31 666
40 530
-
-
Dividends
119 121
152 470
-
-
withholding
8 339
10 673
-
-
total
8 339
10 673
-
-
Income
193 000
193 000
193 000
193 000
Total tax
57 476
51 203
81 058
79 428
After tax
135 524
141 797
111 942
113 572
Living cost
24 743
24 743
24 743
24 743
Free-cash
110 781
117 054
87 199
88 829

Estimated living cost  is ₽24743 per week

₽17482
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1671
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽398
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5191
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63934
₽61295
₽68735
₽46634
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
193 000
pensions
-
-
-
8 916
income
-
-
-
58 379
total
-
-
-
67 295
Employee
87 396
-
168 316
-
health
1 440
-
2 323
-
pensions
8 431
-
10 745
-
income
15 754
-
46 843
-
total
25 625
-
59 911
-
Employer
87 396
-
168 316
-
health
1 660
-
3 198
-
pensions
10 319
-
21 486
-
total
11 979
-
24 684
-
Corporate
93 625
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.

17 788
36 671
-
-
total
17 788
36 671
-
-
Dividends
75 837
156 329
-
-
withholding
7 102
33 263
-
-
total
7 102
33 263
-
-
Income
193 000
193 000
193 000
193 000
Total tax
62 494
69 934
84 595
67 295
After tax
130 506
123 066
108 405
125 705
Living cost
61 771
61 771
61 771
61 771
Free-cash
68 735
61 295
46 634
63 934

Estimated living cost  is ₽61771 per week

₽46286
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7258
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽502
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7726
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽143261
₽152867
₽148564
₽151151
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 722
pensions

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

-
-
-
4 790
unemployment
-
-
-
129
income
-
-
-
28 950
total
-
-
-
37 591
Employee
16 086
-
186 650
-
health
740
-
1 489
-
accident

We are using the highest rate at 1.1%.

177
-
356
-
pensions

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

1 412
-
2 842
-
income
1 608
-
18 665
-
total
3 937
-
23 352
-
Employer
16 086
-
186 650
-
health
1 110
-
2 233
-
accident

We are using the highest rate at 1.1%.

177
-
356
-
pensions

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

1 773
-
3 566
-
unemployment
96
-
194
-
total
3 156
-
6 349
-
Corporate
173 758
193 000
-
-
income
17 376
19 300
-
-
total
17 376
19 300
-
-
Dividends
156 382
173 700
-
-
withholding
7 819
8 685
-
-
total
7 819
8 685
-
-
Income
193 000
193 000
193 000
193 000
Total tax
32 288
27 985
29 701
37 591
After tax
160 712
165 015
163 299
155 409
Living cost
12 148
12 148
12 148
12 148
Free-cash
148 564
152 867
151 151
143 261

Estimated living cost  is ₽12148 per week

₽7092
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽868
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽322
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3867
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53011
₽44499
₽46836
₽71970
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
11 451
pensions
-
-
-
10 880
income
-
-
-
66 167
total
-
-
-
88 498
Employee
86 091
79 297
175 743
-
health
10 740
10 353
11 451
-
pensions
10 880
10 880
10 880
-
income

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

12 980
12 980
29 951
-
total
34 600
34 213
52 282
-
Employer
86 091
79 297
175 743
-
health
5 983
5 512
6 850
-
pensions
5 991
5 519
6 860
-
unemployment
3 100
2 855
3 547
-
total
15 074
13 886
17 257
-
Corporate
91 835
99 817
-
-
income
18 367
19 964
-
-
total
18 367
19 964
-
-
Dividends
73 468
79 853
-
-
income
15 611
16 970
-
-
withholding
11 021
11 977
-
-
total
26 632
28 947
-
-
Income
193 000
193 000
193 000
193 000
Total tax
94 673
97 010
69 539
88 498
After tax
98 327
95 990
123 461
104 502
Living cost
51 491
51 491
51 491
51 491
Free-cash
46 836
44 499
71 970
53 011

Estimated living cost  is ₽51491 per week

₽37983
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4599
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8319
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Amsterdam model

Close
Brno , Czech Republic
₽89624
₽110043
₽101896
₽81384
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
26 055
social contributions
-
-
-
32 863
solidarity contribution
-
-
-
1 508
income
-
-
-
20 112
total
-
-
-
80 538
Employee
33 586
-
151 251
-
health
4 534
-
20 419
-
solidarity contribution
-
-
768
-
social contributions
2 183
-
7 315
-
income
4 030
-
18 527
-
total
10 747
-
47 029
-
Employer
33 586
-
151 251
-
health
3 023
-
13 613
-
social contributions
8 396
-
28 136
-
total
11 419
-
41 749
-
Corporate
147 995
193 000
-
-
income
28 119
36 670
-
-
total
28 119
36 670
-
-
Dividends
119 876
156 330
-
-
withholding
17 981
23 449
-
-
total
17 981
23 449
-
-
Income
193 000
193 000
193 000
193 000
Total tax
68 266
60 119
88 778
80 538
After tax
124 734
132 881
104 222
112 462
Living cost
22 838
22 838
22 838
22 838
Free-cash
101 896
110 043
81 384
89 624

Estimated living cost  is ₽22838 per week

₽15864
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1625
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4901
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52834
₽63790
₽58942
₽44962
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
193 000
regional
-
-
-
2 365
municipal
-
-
-
1 172
social contributions
-
-
-
46 475
national
-
-
-
50 971
total
-
-
-
100 983
Employee
82 527
-
193 000
-
regional
779
-
2 113
-
national
14 300
-
44 755
-
social contributions
27 828
-
60 930
-
municipal
437
-
1 057
-
total
43 344
-
108 855
-
Employer
82 527
-
193 000
-
total
-
-
-
-
Corporate
110 473
193 000
-
-
nationa
26 514
46 320
-
-
municipal
4 308
7 526
-
-
total
30 822
53 846
-
-
Dividends
79 651
139 154
-
-
withholding
20 709
36 181
-
-
total
20 709
36 181
-
-
Income
193 000
193 000
193 000
193 000
Total tax
94 875
90 027
108 855
100 983
After tax
98 125
102 973
84 145
92 017
Living cost
39 183
39 183
39 183
39 183
Free-cash
58 942
63 790
44 962
52 834

Estimated living cost  is ₽39183 per week

₽27314
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2569
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽601
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8698
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70452
₽100907
₽98015
₽64772
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
8 798
other
-
-
-
-
pensions
-
-
-
24 787
unemployment
-
-
-
211
income
-
-
-
58 601
surtax
-
-
-
9 660
total
-
-
-
102 057
Employee
30 708
-
166 913
-
health
784
-
3 160
-
pensions
2 048
-
8 266
-
unemployment
2 138
-
8 626
-
surtax
100
-
8 550
-
income
5 147
-
53 048
-
other
-
-
-
-
total
10 217
-
81 650
-
Employer
30 708
-
166 913
-
health
1 397
-
5 639
-
pensions
4 094
-
16 520
-
other
-
-
-
-
unemployment
973
-
3 928
-
total
6 464
-
26 087
-
Corporate
155 829
193 000
-
-
income
40 516
50 179
-
-
total
40 516
50 179
-
-
Dividends
115 313
142 821
-
-
withholding
17 297
21 423
-
-
total
17 297
21 423
-
-
Income
193 000
193 000
193 000
193 000
Total tax
74 494
71 602
107 737
102 057
After tax
118 506
121 398
85 263
90 943
Living cost
20 491
20 491
20 491
20 491
Free-cash
98 015
100 907
64 772
70 452

Estimated living cost  is ₽20491 per week

₽12529
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1891
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5598
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83505
₽80866
₽86970
₽66205
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
193 000
pensions
-
-
-
8 916
income
-
-
-
58 379
total
-
-
-
67 295
Employee
58 571
-
168 316
-
health
850
-
2 323
-
pensions
4 971
-
10 745
-
income
10 549
-
46 843
-
total
16 370
-
59 911
-
Employer
58 571
-
168 316
-
health
1 113
-
3 198
-
pensions
6 340
-
21 486
-
total
7 453
-
24 684
-
Corporate
126 976
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.

24 126
36 671
-
-
total
24 126
36 671
-
-
Dividends
102 850
156 329
-
-
withholding
15 881
33 263
-
-
total
15 881
33 263
-
-
Income
193 000
193 000
193 000
193 000
Total tax
63 830
69 934
84 595
67 295
After tax
129 170
123 066
108 405
125 705
Living cost
42 200
42 200
42 200
42 200
Free-cash
86 970
80 866
66 205
83 505

Estimated living cost  is ₽42200 per week

₽31616
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3163
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽441
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6979
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽79494
₽13086
₽45249
₽71324
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
434
city
-
-
-
2 035
other

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

-
-
-
3 859
regional
-
-
-
10 165
pensions
-
-
-
17 756
national
-
-
-
4 088
total
-
-
-
38 337
Employee
87 967
-
173 049
-
health
199
-
390
-
regional
2 880
-
8 869
-
pensions
7 390
-
14 196
-
unemployment
-
-
-
-
national
416
-
3 141
-
city
944
-
1 863
-
total
11 829
-
28 459
-
Employer
87 967
-
173 049
-
health
199
-
390
-
pensions
7 390
-
14 196
-
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.

1 759
-
3 462
-
unemployment
-
-
-
-
total
9 348
-
18 048
-
Corporate
94 718
193 000
-
-
national
8 051
16 404
-
-
regional
20 032
40 819
-
-
total
28 083
57 223
-
-
Dividends
66 635
135 776
-
-
withholding
23 322
47 522
-
-
total
23 322
47 522
-
-
Income
193 000
193 000
193 000
193 000
Total tax
72 582
104 745
46 507
38 337
After tax
120 418
88 255
146 493
154 663
Living cost
75 169
75 169
75 169
75 169
Free-cash
45 249
13 086
71 324
79 494

Estimated living cost  is ₽75169 per week

₽48881
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6746
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽923
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18619
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽52038
₽52770
₽67828
₽77734
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 344
trade
-
-
-
25 696
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.

-
-
-
3 461
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.

-
-
-
62 922
total
-
-
-
98 423
Employee

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

55 806
-
193 000
-
health

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

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

6 344
-
6 344
-
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.

361
-
3 461
-
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.

6 562
-
62 922
-
total
13 267
-
72 727
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
137 194
193 000
-
-
trade
23 528
33 099
-
-
chamber of commerce
335
412
-
-
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.

1 131
1 593
-
-
income
20 579
28 951
-
-
total
45 573
64 055
-
-
Dividends
91 621
128 945
-
-
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.

1 241
1 753
-
-
withholding
22 552
31 883
-
-
total
23 793
33 636
-
-
Income
193 000
193 000
193 000
193 000
Total tax
82 633
97 691
72 727
98 423
After tax
110 367
95 309
120 273
94 577
Living cost
42 539
42 539
42 539
42 539
Free-cash
67 828
52 770
77 734
52 038

Estimated living cost  is ₽42539 per week

₽31069
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3403
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7516
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75219
₽65503
₽70988
₽70576
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
9 080
other
-
-
-
5 983
pensions
-
-
-
31 610
social contributions
-
-
-
5 500
income
-
-
-
33 838
surtax
-
-
-
-
total
-
-
-
86 011
Employee
39 742
-
147 908
-
pensions
4 494
-
10 892
-
surtax
-
-
-
-
social contributions
1 133
-
4 213
-
income
2 345
-
30 458
-
total
7 972
-
45 563
-
Employer
39 742
-
147 908
-
health
2 782
-
14 403
-
pensions
6 529
-
18 227
-
other
1 371
-
6 027
-
social contributions
120
-
444
-
unemployment
1 609
-
5 990
-
total
12 411
-
45 091
-
Corporate
140 847
193 000
-
-
surtax
-
-
-
-
income
39 437
54 040
-
-
total
39 437
54 040
-
-
Dividends
101 410
138 960
-
-
social contributions
17 442
23 900
-
-
surtax
-
-
-
-
withholding
12 980
17 787
-
-
total
30 422
41 687
-
-
Income
193 000
193 000
193 000
193 000
Total tax
90 242
95 727
90 654
86 011
After tax
102 758
97 273
102 346
106 989
Living cost
31 770
31 770
31 770
31 770
Free-cash
70 988
65 503
70 576
75 219

Estimated living cost  is ₽31770 per week

₽20032
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2583
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.
₽8615
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78367
₽68651
₽73809
₽73724
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
9 080
other
-
-
-
5 983
pensions
-
-
-
31 610
social contributions
-
-
-
5 500
income
-
-
-
33 838
surtax
-
-
-
-
total
-
-
-
86 011
Employee
35 475
-
147 908
-
pensions
4 012
-
10 892
-
surtax
-
-
-
-
social contributions
1 011
-
4 213
-
income
1 829
-
30 458
-
total
6 852
-
45 563
-
Employer
35 475
-
147 908
-
health
2 483
-
14 403
-
pensions
5 829
-
18 227
-
other
1 225
-
6 027
-
social contributions
106
-
444
-
unemployment
1 436
-
5 990
-
total
11 079
-
45 091
-
Corporate
146 446
193 000
-
-
surtax
-
-
-
-
income
41 006
54 040
-
-
total
41 006
54 040
-
-
Dividends
105 440
138 960
-
-
social contributions
18 136
23 900
-
-
surtax
-
-
-
-
withholding
13 496
17 787
-
-
total
31 632
41 687
-
-
Income
193 000
193 000
193 000
193 000
Total tax
90 569
95 727
90 654
86 011
After tax
102 431
97 273
102 346
106 989
Living cost
28 622
28 622
28 622
28 622
Free-cash
73 809
68 651
73 724
78 367

Estimated living cost  is ₽28622 per week

₽16600
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2908
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽543
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8573
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽104254
₽98056
₽98541
₽99410
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
13 472
social contributions
-
-
-
26 633
income
-
-
-
28 951
total
-
-
-
69 056
Employee
31 485
-
193 000
-
health
2 197
-
13 472
-
social contributions
4 345
-
26 633
-
income
5 251
-
33 795
-
total
11 793
-
73 900
-
Employer
31 485
-
193 000
-
total
-
-
-
-
Corporate
161 515
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%.

8 076
9 650
-
-
total
8 076
9 650
-
-
Dividends
153 439
183 350
-
-
social contributions
21 174
25 303
-
-
health
10 710
12 799
-
-
withholding
23 016
27 502
-
-
total
54 900
65 604
-
-
Income
193 000
193 000
193 000
193 000
Total tax
74 769
75 254
73 900
69 056
After tax
118 231
117 746
119 100
123 944
Living cost
19 690
19 690
19 690
19 690
Free-cash
98 541
98 056
99 410
104 254

Estimated living cost  is ₽19690 per week

₽13177
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1214
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.
₽4844
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66412
₽73786
₽72351
₽18046
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
8 298
pensions
-
-
-
20 069
unemployment
-
-
-
5 695
income
-
-
-
58 851
chamber of commerce
-
-
-
772
surtax
-
-
-
183
total
-
-
-
93 868
Employee
46 406
37 005
157 982
-
health
1 796
1 433
4 197
-
pensions
4 753
3 789
11 109
-
unemployment
1 392
1 110
3 255
-
income
5 283
2 730
48 956
-
other
463
370
1 085
-
total
13 687
9 432
68 602
-
Employer
46 406
37 005
157 982
-
payroll
1 392
1 110
4 740
-
health
1 753
1 399
4 101
-
surtax
183
183
183
-
accident
603
481
1 410
-
pensions
5 824
4 645
13 614
-
chamber of commerce
185
148
633
-
other
2 204
1 757
7 082
-
unemployment
1 392
1 110
3 255
-
total
13 536
10 833
35 018
-
Corporate
133 057
145 161
154 458
-
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.

33 264
36 290
38 614
-
total
33 264
36 290
38 614
-
Dividends
99 792
108 871
-
-
withholding
27 442
29 939
-
-
total
27 442
29 939
-
-
Income
193 000
193 000
193 000
193 000
Total tax
87 929
86 494
142 234
93 868
After tax
105 071
106 506
50 766
99 132
Living cost
32 720
32 720
32 720
32 720
Free-cash
72 351
73 786
18 046
66 412

Estimated living cost  is ₽32720 per week

₽21823
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2791
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽537
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7568
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50007
₽72943
₽60095
₽32451
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
193 000
social contributions
-
-
-
23 151
national
-
-
-
75 794
communal

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

-
-
-
10 191
total
-
-
-
109 136
Employee

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

66 422
-
149 483
-
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.

3 121
-
7 026
-
pensions

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

4 982
-
11 211
-
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.

578
-
1 300
-
national
20 421
-
55 843
-
communal

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

3 464
-
7 798
-
total
32 566
-
83 178
-
Employer

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

66 422
-
149 483
-
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.

4 085
-
9 193
-
surtax
7 531
-
16 952
-
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.

863
-
1 942
-
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.

5 886
-
13 244
-
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.

969
-
2 183
-
total
19 334
-
43 514
-
Corporate
107 243
193 000
-
-
surtax
428
802
-
-
income
21 449
40 110
-
-
total
21 877
40 912
-
-
Dividends
85 366
152 088
-
-
withholding

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

25 271
45 288
-
-
total
25 271
45 288
-
-
Income
193 000
193 000
193 000
193 000
Total tax
99 048
86 200
126 692
109 136
After tax
93 952
106 800
66 308
83 864
Living cost
33 857
33 857
33 857
33 857
Free-cash
60 095
72 943
32 451
50 007

Estimated living cost  is ₽33857 per week

₽21809
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2960
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8559
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74447
₽94756
₽88395
₽70552
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
775
other
-
-
-
86
pensions
-
-
-
24 357
unemployment
-
-
-
603
income
-
-
-
59 197
total
-
-
-
85 018
Employee
46 223
-
165 561
-
pensions
2 173
-
4 046
-
unemployment
717
-
1 334
-
other
46
-
86
-
income
9 753
-
56 009
-
total
12 689
-
61 475
-
Employer
46 223
-
165 561
-
accident
915
-
1 704
-
pensions
10 908
-
20 312
-
other
368
-
689
-
unemployment
2 543
-
4 733
-
total
14 734
-
27 438
-
Corporate
132 044
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.

19 807
28 951
-
-
total
19 807
28 951
-
-
Dividends
112 237
164 049
-
-
withholding
23 840
35 758
-
-
total
23 840
35 758
-
-
Income
193 000
193 000
193 000
193 000
Total tax
71 070
64 709
88 913
85 018
After tax
121 930
128 291
104 087
107 982
Living cost
33 535
33 535
33 535
33 535
Free-cash
88 395
94 756
70 552
74 447

Estimated living cost  is ₽33535 per week

₽24695
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2379
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5977
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41662
₽60106
₽47456
₽49357
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
13 560
accident
-
-
-
1 626
pensions
-
-
-
28 928
communal
-
-
-
12 198
income
-
-
-
34 994
surtax
-
-
-
9 569
total
-
-
-
100 875
Employee
70 321
-
172 397
-
health
3 130
-
7 672
-
pensions
5 625
-
13 792
-
surtax
4 310
-
10 566
-
income
6 792
-
40 549
-
total
19 857
-
72 579
-
Employer
70 321
-
172 397
-
health
2 145
-
5 258
-
accident
633
-
1 551
-
pensions
5 625
-
13 792
-
total
8 403
-
20 601
-
Corporate
114 277
193 000
-
-
communal
7 713
13 028
-
-
surtax
1 200
2 026
-
-
income
17 142
28 951
-
-
total
26 055
44 005
-
-
Dividends
88 222
148 995
-
-
income
27 532
16 076
-
-
withholding
13 234
22 350
-
-
total
40 766
38 426
-
-
Income
193 000
193 000
193 000
193 000
Total tax
95 081
82 431
93 180
100 875
After tax
97 919
110 569
99 820
92 125
Living cost
50 463
50 463
50 463
50 463
Free-cash
47 456
60 106
49 357
41 662

Estimated living cost  is ₽50463 per week

₽37855
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3057
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.
₽9015
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70086
₽100541
₽97587
₽64406
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
8 798
other
-
-
-
-
pensions
-
-
-
24 787
unemployment
-
-
-
211
income
-
-
-
58 601
surtax
-
-
-
9 660
total
-
-
-
102 057
Employee
31 271
-
166 913
-
health
798
-
3 160
-
pensions
2 086
-
8 266
-
unemployment
2 176
-
8 626
-
surtax
111
-
8 550
-
income
5 242
-
53 048
-
other
-
-
-
-
total
10 413
-
81 650
-
Employer
31 271
-
166 913
-
health
1 422
-
5 639
-
pensions
4 169
-
16 520
-
other
-
-
-
-
unemployment
992
-
3 928
-
total
6 583
-
26 087
-
Corporate
155 145
193 000
-
-
income
40 338
50 179
-
-
total
40 338
50 179
-
-
Dividends
114 807
142 821
-
-
withholding
17 222
21 423
-
-
total
17 222
21 423
-
-
Income
193 000
193 000
193 000
193 000
Total tax
74 556
71 602
107 737
102 057
After tax
118 444
121 398
85 263
90 943
Living cost
20 857
20 857
20 857
20 857
Free-cash
97 587
100 541
64 406
70 086

Estimated living cost  is ₽20857 per week

₽12592
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1813
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5968
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66394
₽76432
₽74370
₽58563
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
193 000
regional
-
-
-
2 974
municipal
-
-
-
1 172
social contributions
-
-
-
46 475
national
-
-
-
50 971
total
-
-
-
101 592
Employee
51 510
-
193 000
-
regional
693
-
2 681
-
national
8 161
-
44 755
-
social contributions
17 370
-
60 930
-
municipal
273
-
1 057
-
total
26 497
-
109 423
-
Employer
51 510
-
193 000
-
total
-
-
-
-
Corporate
141 490
193 000
-
-
nationa
33 957
46 320
-
-
municipal
7 033
9 591
-
-
total
40 990
55 911
-
-
Dividends
100 500
137 088
-
-
withholding
26 129
35 643
-
-
total
26 129
35 643
-
-
Income
193 000
193 000
193 000
193 000
Total tax
93 616
91 554
109 423
101 592
After tax
99 384
101 446
83 577
91 408
Living cost
25 014
25 014
25 014
25 014
Free-cash
74 370
76 432
58 563
66 394

Estimated living cost  is ₽25014 per week

₽15556
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2534
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽428
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6495
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84319
₽104738
₽94698
₽76079
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
26 055
social contributions
-
-
-
32 863
solidarity contribution
-
-
-
1 508
income
-
-
-
20 112
total
-
-
-
80 538
Employee
41 386
-
151 251
-
health
5 587
-
20 419
-
solidarity contribution
-
-
768
-
social contributions
2 690
-
7 315
-
income
4 966
-
18 527
-
total
13 243
-
47 029
-
Employer
41 386
-
151 251
-
health
3 725
-
13 613
-
social contributions
10 347
-
28 136
-
total
14 072
-
41 749
-
Corporate
137 542
193 000
-
-
income
26 133
36 670
-
-
total
26 133
36 670
-
-
Dividends
111 409
156 330
-
-
withholding
16 711
23 449
-
-
total
16 711
23 449
-
-
Income
193 000
193 000
193 000
193 000
Total tax
70 159
60 119
88 778
80 538
After tax
122 841
132 881
104 222
112 462
Living cost
28 143
28 143
28 143
28 143
Free-cash
94 698
104 738
76 079
84 319

Estimated living cost  is ₽28143 per week

₽20929
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1559
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽487
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5168
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69690
₽76979
₽76520
₽21188
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
8 298
pensions
-
-
-
20 069
unemployment
-
-
-
5 695
income
-
-
-
58 851
chamber of commerce
-
-
-
772
surtax
-
-
-
-
total
-
-
-
93 685
Employee
40 591
37 005
158 153
-
health
1 570
1 433
4 197
-
pensions
4 157
3 789
11 109
-
unemployment
1 218
1 110
3 255
-
income
3 616
2 730
49 037
-
other
405
370
1 085
-
total
10 966
9 432
68 683
-
Employer
40 591
37 005
158 153
-
payroll
1 218
1 110
4 744
-
health
1 535
1 399
4 101
-
surtax
-
-
-
-
accident
527
481
1 410
-
pensions
5 094
4 645
13 614
-
chamber of commerce
162
148
633
-
other
1 928
1 757
7 089
-
unemployment
1 218
1 110
3 255
-
total
11 682
10 650
34 846
-
Corporate
140 728
145 344
154 631
-
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.

35 182
36 336
38 658
-
total
35 182
36 336
38 658
-
Dividends
105 546
109 008
-
-
withholding
29 025
29 978
-
-
total
29 025
29 978
-
-
Income
193 000
193 000
193 000
193 000
Total tax
86 855
86 396
142 187
93 685
After tax
106 145
106 604
50 813
99 315
Living cost
29 625
29 625
29 625
29 625
Free-cash
76 520
76 979
21 188
69 690

Estimated living cost  is ₽29625 per week

₽17771
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3026
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.
₽8300
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽179137
₽171417
₽169180
₽142467
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
14 916
-
193 000
-
income
2 983
-
38 600
-
total
2 983
-
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%.

178 084
193 000
-
-
total
-
-
-
-
Dividends
178 084
193 000
-
-
withholding
8 904
9 650
-
-
total
8 904
9 650
-
-
Income
193 000
193 000
193 000
193 000
Total tax
11 887
9 650
38 600
1 930
After tax
181 113
183 350
154 400
191 070
Living cost
11 933
11 933
11 933
11 933
Free-cash
169 180
171 417
142 467
179 137

Estimated living cost  is ₽11933 per week

₽8075
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽501
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽400
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2956
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66374
₽107973
₽100206
₽62184
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
18 991
pensions
-
-
-
35 247
unemployment
-
-
-
289
income
-
-
-
47 192
total
-
-
-
101 719
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.

41 062
-
166 998
-
health
2 652
-
10 788
-
pensions
6 365
-
25 884
-
unemployment
58
-
234
-
income
7 081
-
43 001
-
total
16 156
-
79 907
-
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.

41 062
-
166 998
-
health
2 735
-
11 123
-
pensions
3 634
-
14 779
-
unemployment
25
-
100
-
total
6 394
-
26 002
-
Corporate
145 545
193 000
-
-
income
27 654
36 671
-
-
total
27 654
36 671
-
-
Dividends
117 891
156 329
-
-
withholding
17 683
23 449
-
-
total
17 683
23 449
-
-
Income
193 000
193 000
193 000
193 000
Total tax
67 887
60 120
105 909
101 719
After tax
125 113
132 880
87 091
91 281
Living cost
24 907
24 907
24 907
24 907
Free-cash
100 206
107 973
62 184
66 374

Estimated living cost  is ₽24907 per week

₽17093
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1597
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5736
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91212
₽75255
₽28772
₽137978
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
193 000
social contributions
-
-
-
22 002
income
-
-
-
37 620
total
-
-
-
59 622
Employee
60 460
-
-
-
social contributions
4 958
-
707
-
income
13 336
-
-
-
total
18 294
-
707
-
Employer
60 460
-
-
-
social contributions
85 249
-
12 149
-
total
85 249
-
12 149
-
Corporate
47 292
193 000
-
-
income
10 404
42 460
-
-
total
10 404
42 460
-
-
Dividends
36 887
150 540
-
-
income
8 115
33 119
-
-
total
8 115
33 119
-
-
Income
193 000
193 000
193 000
193 000
Total tax
122 062
75 579
12 856
59 622
After tax
70 938
117 421
180 144
133 378
Living cost
42 166
42 166
42 166
42 166
Free-cash
28 772
75 255
137 978
91 212

Estimated living cost  is ₽42166 per week

₽27359
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3966
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽537
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10304
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72345
₽80651
₽79715
₽57712
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
193 000
social contributions

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

-
-
-
67 068
income
-
-
-
24 460
surtax
-
-
-
-
total
-
-
-
91 528
Employee
42 708
-
155 959
-
surtax
-
-
-
-
social contributions
4 698
-
17 155
-
income
8 883
-
51 965
-
total
13 581
-
69 120
-
Employer
42 708
-
155 959
-
social contributions
10 143
-
37 041
-
total
10 143
-
37 041
-
Corporate
140 149
193 000
-
-
surtax
-
-
-
-
income
29 432
40 530
-
-
total
29 432
40 530
-
-
Dividends
110 718
152 470
-
-
withholding
31 002
42 692
-
-
total
31 002
42 692
-
-
Income
193 000
193 000
193 000
193 000
Total tax
84 158
83 222
106 161
91 528
After tax
108 842
109 778
86 839
101 472
Living cost
29 127
29 127
29 127
29 127
Free-cash
79 715
80 651
57 712
72 345

Estimated living cost  is ₽29127 per week

₽21793
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1718
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.
₽5130
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62140
₽52424
₽58808
₽57497
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
9 080
other
-
-
-
5 983
pensions
-
-
-
31 610
social contributions
-
-
-
5 500
income
-
-
-
33 838
surtax
-
-
-
-
total
-
-
-
86 011
Employee
58 159
-
147 908
-
pensions
6 578
-
10 892
-
surtax
-
-
-
-
social contributions
1 656
-
4 213
-
income
5 075
-
30 458
-
total
13 309
-
45 563
-
Employer
58 159
-
147 908
-
health
4 071
-
14 403
-
pensions
9 556
-
18 227
-
other
2 007
-
6 027
-
social contributions
174
-
444
-
unemployment
2 356
-
5 990
-
total
18 164
-
45 091
-
Corporate
116 677
193 000
-
-
surtax
-
-
-
-
income
32 669
54 040
-
-
total
32 669
54 040
-
-
Dividends
84 008
138 960
-
-
social contributions
14 448
23 900
-
-
surtax
-
-
-
-
withholding
10 753
17 787
-
-
total
25 201
41 687
-
-
Income
193 000
193 000
193 000
193 000
Total tax
89 343
95 727
90 654
86 011
After tax
103 657
97 273
102 346
106 989
Living cost
44 849
44 849
44 849
44 849
Free-cash
58 808
52 424
57 497
62 140

Estimated living cost  is ₽44849 per week

₽30353
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3669
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽615
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10212
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽113213
₽145788
₽142668
₽118341
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 415
social contributions
-
-
-
42 459
total
-
-
-
51 874
Employee
29 853
-
167 100
-
social contributions
1 940
-
10 862
-
income
-
-
9 984
-
total
1 940
-
20 846
-
Employer
29 853
-
167 100
-
social contributions
4 627
-
25 900
-
total
4 627
-
25 900
-
Corporate
158 520
193 000
-
-
income
15 852
19 299
-
-
total
15 852
19 299
-
-
Dividends
142 667
173 701
-
-
total
-
-
-
-
Income
193 000
193 000
193 000
193 000
Total tax
22 419
19 299
46 746
51 874
After tax
170 581
173 701
146 254
141 126
Living cost
27 913
27 913
27 913
27 913
Free-cash
142 668
145 788
118 341
113 213

Estimated living cost  is ₽27913 per week

₽18048
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2104
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7235
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67615
-₽8120
-₽8120
-₽8120
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
41 106
labour market
-
-
-
15 376
national
-
-
-
23 647
pensions
-
-
-
800
total
-
-
-
80 929
Employee
187 638
187 638
187 638
-
pensions
267
267
267
-
labour market
14 990
14 990
14 990
-
national
22 923
22 923
22 923
-
municipal
39 957
39 957
39 957
-
total
78 137
78 137
78 137
-
Employer
187 638
187 638
187 638
-
municipal
40 020
40 020
40 020
-
labour market
15 011
15 011
15 011
-
national
22 963
22 963
22 963
-
pensions
533
533
533
-
total
78 527
78 527
78 527
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
193 000
193 000
193 000
193 000
Total tax
156 664
156 664
156 664
80 929
After tax
36 336
36 336
36 336
112 071
Living cost
44 456
44 456
44 456
44 456
Free-cash
-8 120
-8 120
-8 120
67 615

Estimated living cost  is ₽44456 per week

₽30426
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3933
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽684
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9413
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽111666
-₽4531
₽12540
₽85694
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
2 029
accident
-
-
-
235
other
-
-
-
345
pensions
-
-
-
3 871
income
-
-
-
54 690
total
-
-
-
61 170
Employee
31 720
-
175 519
-
health
3 632
-
20 097
-
pensions
3 572
-
7 097
-
income
4 352
-
42 468
-
total
11 556
-
69 662
-
Employer
31 720
-
175 519
-
accident
530
-
2 931
-
pensions
5 158
-
10 249
-
unemployment
777
-
4 300
-
total
6 465
-
17 480
-
Corporate
154 815
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.

139 334
173 700
-
-
total
139 334
173 700
-
-
Dividends
15 482
19 300
-
-
withholding
2 941
3 667
-
-
total
2 941
3 667
-
-
Income
193 000
193 000
193 000
193 000
Total tax
160 296
177 367
87 142
61 170
After tax
32 704
15 633
105 858
131 830
Living cost
20 164
20 164
20 164
20 164
Free-cash
12 540
-4 531
85 694
111 666

Estimated living cost  is ₽20164 per week

₽14677
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1150
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽378
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3959
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84556
₽83456
₽86328
₽62449
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 585
municipal
-
-
-
34 274
national
-
-
-
35 934
total
-
-
-
72 793
Employee
48 855
-
162 363
-
health
365
-
2 113
-
pensions
3 297
-
10 959
-
unemployment
733
-
2 435
-
national
807
-
22 322
-
municipal
8 002
-
26 434
-
total
13 204
-
64 263
-
Employer
48 855
-
162 363
-
health
375
-
1 249
-
accident
49
-
162
-
pensions
8 476
-
28 170
-
unemployment
317
-
1 056
-
total
9 217
-
30 637
-
Corporate
134 927
193 000
-
-
income
26 986
38 600
-
-
total
26 986
38 600
-
-
Dividends

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

80 956
115 800
-
-
national
7 043
14 448
-
-
municipal
14 571
20 845
-
-
total
21 614
35 293
-
-
Income
193 000
193 000
193 000
193 000
Total tax
71 021
73 893
94 900
72 793
After tax
121 979
119 107
98 100
120 207
Living cost
35 651
35 651
35 651
35 651
Free-cash
86 328
83 456
62 449
84 556

Estimated living cost  is ₽35651 per week

₽23287
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3429
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽567
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8369
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽108942
₽119200
₽114147
₽107326
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
4 922
social contributions
-
-
-
15 024
income
-
-
-
42 613
total
-
-
-
62 559
Employee
71 404
71 404
181 646
-
health
553
1 214
3 087
-
social contributions
2 700
5 926
7 993
-
income
7 775
6 610
41 742
-
total
11 028
13 750
52 822
-
Employer
71 404
71 404
181 646
-
health
601
1 322
3 360
-
social contributions
2 700
5 926
7 993
-
total
3 301
7 248
11 353
-
Corporate
157 173
114 349
-
-
income
19 646
14 293
-
-
total
19 646
14 293
-
-
Dividends
137 526
100 056
-
-
withholding
23 379
17 010
-
-
total
23 379
17 010
-
-
Income
193 000
193 000
193 000
193 000
Total tax
57 354
52 301
64 175
62 559
After tax
135 646
140 699
128 825
130 441
Living cost
21 499
21 499
21 499
21 499
Free-cash
114 147
119 200
107 326
108 942

Estimated living cost  is ₽21499 per week

₽12885
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2109
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽476
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6030
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽149085
₽145080
₽140355
₽130457
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 360
pensions
-
-
-
5 907
unemployment
-
-
-
26
income
-
-
-
19 879
total
-
-
-
29 172
Employee

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

21 314
-
183 925
-
health
1 812
-
7 489
-
pensions
3 197
-
13 216
-
unemployment
106
-
441
-
income
1 457
-
17 578
-
total
6 572
-
38 724
-
Employer

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

21 314
-
183 925
-
health
916
-
3 789
-
pensions
1 172
-
4 846
-
unemployment
106
-
441
-
total
2 194
-
9 076
-
Corporate
169 492
193 000
-
-
income
15 255
17 370
-
-
total
15 255
17 370
-
-
Dividends
154 237
175 630
-
-
withholding
13 881
15 807
-
-
total
13 881
15 807
-
-
Income
193 000
193 000
193 000
193 000
Total tax
37 902
33 177
47 800
29 172
After tax
155 098
159 823
145 200
163 828
Living cost
14 743
14 743
14 743
14 743
Free-cash
140 355
145 080
130 457
149 085

Estimated living cost  is ₽14743 per week

₽9406
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1063
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽439
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3834
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82447
₽102756
₽98658
₽78552
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
775
other
-
-
-
86
pensions
-
-
-
24 357
unemployment
-
-
-
603
income
-
-
-
59 197
total
-
-
-
85 018
Employee
34 335
-
165 561
-
pensions
1 614
-
4 046
-
unemployment
532
-
1 334
-
other
33
-
86
-
income
6 620
-
56 009
-
total
8 799
-
61 475
-
Employer
34 335
-
165 561
-
accident
680
-
1 704
-
pensions
8 102
-
20 312
-
other
275
-
689
-
unemployment
1 889
-
4 733
-
total
10 946
-
27 438
-
Corporate
147 718
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.

22 157
28 951
-
-
total
22 157
28 951
-
-
Dividends
125 561
164 049
-
-
withholding
26 905
35 758
-
-
total
26 905
35 758
-
-
Income
193 000
193 000
193 000
193 000
Total tax
68 807
64 709
88 913
85 018
After tax
124 193
128 291
104 087
107 982
Living cost
25 535
25 535
25 535
25 535
Free-cash
98 658
102 756
78 552
82 447

Estimated living cost  is ₽25535 per week

₽17236
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2455
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5398
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽122683
₽118689
₽118402
₽122559
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
922
pensions
-
-
-
1 271
income
-
-
-
66 381
total
-
-
-
68 574
Employee
2 654
-
191 570
-
health
133
-
318
-
pensions
239
-
572
-
unemployment
27
-
64
-
income
513
-
66 314
-
total
912
-
67 268
-
Employer
2 654
-
191 570
-
health
252
-
604
-
pensions
292
-
699
-
unemployment
53
-
127
-
total
597
-
1 430
-
Corporate
189 749
193 000
-
-
income
41 745
42 460
-
-
total
41 745
42 460
-
-
Dividends
148 004
150 540
-
-
withholding
29 601
30 108
-
-
total
29 601
30 108
-
-
Income
193 000
193 000
193 000
193 000
Total tax
72 855
72 568
68 698
68 574
After tax
120 145
120 432
124 302
124 426
Living cost
1 743
1 743
1 743
1 743
Free-cash
118 402
118 689
122 559
122 683

Estimated living cost  is ₽1743 per week

₽1036
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽141
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽40
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽526
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽106684
₽123407
₽118845
₽106684
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
7 058
pensions
-
-
-
17 817
unemployment
-
-
-
1 028
income
-
-
-
44 377
total
-
-
-
70 280
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.

24 181
-
180 734
-
health
1 245
-
3 529
-
pensions
3 385
-
9 594
-
unemployment
181
-
514
-
income
3 333
-
44 377
-
total
8 144
-
58 014
-
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.

24 181
-
180 734
-
health
1 245
-
3 529
-
pensions
2 902
-
8 223
-
unemployment
181
-
514
-
total
4 328
-
12 266
-
Corporate
164 491
193 000
-
-
income
24 674
28 950
-
-
total
24 674
28 950
-
-
Dividends
139 817
164 050
-
-
withholding
20 973
24 607
-
-
total
20 973
24 607
-
-
Income
193 000
193 000
193 000
193 000
Total tax
58 119
53 557
70 280
70 280
After tax
134 881
139 443
122 720
122 720
Living cost
16 036
16 036
16 036
16 036
Free-cash
118 845
123 407
106 684
106 684

Estimated living cost  is ₽16036 per week

₽10797
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1240
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽464
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3534
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76438
₽84744
₽84410
₽61805
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
193 000
social contributions

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

-
-
-
67 068
income
-
-
-
24 460
surtax
-
-
-
-
total
-
-
-
91 528
Employee
36 040
-
155 959
-
surtax
-
-
-
-
social contributions
3 965
-
17 155
-
income
7 042
-
51 965
-
total
11 007
-
69 120
-
Employer
36 040
-
155 959
-
social contributions
8 559
-
37 041
-
total
8 559
-
37 041
-
Corporate
148 401
193 000
-
-
surtax
-
-
-
-
income
31 164
40 530
-
-
total
31 164
40 530
-
-
Dividends
117 237
152 470
-
-
withholding
32 826
42 692
-
-
total
32 826
42 692
-
-
Income
193 000
193 000
193 000
193 000
Total tax
83 556
83 222
106 161
91 528
After tax
109 444
109 778
86 839
101 472
Living cost
25 034
25 034
25 034
25 034
Free-cash
84 410
84 744
61 805
76 438

Estimated living cost  is ₽25034 per week

₽17731
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1739
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽444
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5121
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75347
₽95656
₽89581
₽71452
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
775
other
-
-
-
86
pensions
-
-
-
24 357
unemployment
-
-
-
603
income
-
-
-
59 197
total
-
-
-
85 018
Employee
44 846
-
165 561
-
pensions
2 108
-
4 046
-
unemployment
694
-
1 334
-
other
44
-
86
-
income
9 367
-
56 009
-
total
12 213
-
61 475
-
Employer
44 846
-
165 561
-
accident
888
-
1 704
-
pensions
10 584
-
20 312
-
other
359
-
689
-
unemployment
2 467
-
4 733
-
total
14 298
-
27 438
-
Corporate
133 855
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.

20 078
28 951
-
-
total
20 078
28 951
-
-
Dividends
113 777
164 049
-
-
withholding
24 195
35 758
-
-
total
24 195
35 758
-
-
Income
193 000
193 000
193 000
193 000
Total tax
70 784
64 709
88 913
85 018
After tax
122 216
128 291
104 087
107 982
Living cost
32 635
32 635
32 635
32 635
Free-cash
89 581
95 656
71 452
75 347

Estimated living cost  is ₽32635 per week

₽23437
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2538
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6201
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽139470
₽149076
₽143429
₽147360
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 722
pensions

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

-
-
-
4 790
unemployment
-
-
-
129
income
-
-
-
28 950
total
-
-
-
37 591
Employee
21 105
-
186 650
-
health
971
-
1 489
-
accident

We are using the highest rate at 1.1%.

232
-
356
-
pensions

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

1 853
-
2 842
-
income
2 111
-
18 665
-
total
5 167
-
23 352
-
Employer
21 105
-
186 650
-
health
1 456
-
2 233
-
accident

We are using the highest rate at 1.1%.

232
-
356
-
pensions

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

2 326
-
3 566
-
unemployment
127
-
194
-
total
4 141
-
6 349
-
Corporate
167 754
193 000
-
-
income
16 775
19 300
-
-
total
16 775
19 300
-
-
Dividends
150 978
173 700
-
-
withholding
7 549
8 685
-
-
total
7 549
8 685
-
-
Income
193 000
193 000
193 000
193 000
Total tax
33 632
27 985
29 701
37 591
After tax
159 368
165 015
163 299
155 409
Living cost
15 939
15 939
15 939
15 939
Free-cash
143 429
149 076
147 360
139 470

Estimated living cost  is ₽15939 per week

₽10542
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽912
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽380
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4105
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62923
₽63427
₽75577
₽84423
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 344
trade
-
-
-
21 500
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.

-
-
-
3 461
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.

-
-
-
62 922
total
-
-
-
94 227
Employee

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

46 203
-
193 000
-
health

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

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

6 344
-
6 344
-
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.

210
-
3 461
-
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.

3 799
-
62 922
-
total
10 353
-
72 727
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
146 797
193 000
-
-
trade
21 065
27 696
-
-
chamber of commerce
356
425
-
-
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.

1 211
1 593
-
-
income
22 020
28 951
-
-
total
44 652
58 665
-
-
Dividends
102 146
134 336
-
-
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.

1 385
1 827
-
-
withholding
25 183
33 231
-
-
total
26 568
35 058
-
-
Income
193 000
193 000
193 000
193 000
Total tax
81 573
93 723
72 727
94 227
After tax
111 427
99 277
120 273
98 773
Living cost
35 850
35 850
35 850
35 850
Free-cash
75 577
63 427
84 423
62 923

Estimated living cost  is ₽35850 per week

₽24730
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3857
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.
₽6742
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45371
₽82203
₽84255
₽45371
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
61 852
social contributions
-
-
-
32 881
total
-
-
-
94 733
Employee
72 636
-
193 000
-
social contributions
6 035
-
32 881
-
income
13 706
-
61 852
-
total
19 741
-
94 733
-
Employer
72 636
-
193 000
-
total
-
-
-
-
Corporate
120 364
193 000
-
-
income
15 045
24 126
-
-
total
15 045
24 126
-
-
Dividends
105 319
168 874
-
-
withholding
21 063
33 775
-
-
total
21 063
33 775
-
-
Income
193 000
193 000
193 000
193 000
Total tax
55 849
57 901
94 733
94 733
After tax
137 151
135 099
98 267
98 267
Living cost
52 896
52 896
52 896
52 896
Free-cash
84 255
82 203
45 371
45 371

Estimated living cost  is ₽52896 per week

₽40243
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4310
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽506
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7838
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽124559
₽86835
₽90081
₽101723
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

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

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

-
-
-
5 782
total
-
-
-
34 733
Employee
42 598
-
188 729
-
social contributions
4 268
-
4 271
-
income
4 622
-
49 027
-
total
8 890
-
53 298
-
Employer
42 598
-
188 729
-
social contributions
4 268
-
4 271
-
total
4 268
-
4 271
-
Corporate
146 134
193 000
-
-
income
51 147
67 551
-
-
total
51 147
67 551
-
-
Dividends
94 987
125 449
-
-
social contributions
4 906
4 906
-
-
total
4 906
4 906
-
-
Income
193 000
193 000
193 000
193 000
Total tax
69 211
72 457
57 569
34 733
After tax
123 789
120 543
135 431
158 267
Living cost
33 708
33 708
33 708
33 708
Free-cash
90 081
86 835
101 723
124 559

Estimated living cost  is ₽33708 per week

₽22203
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2657
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽516
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8330
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91398
₽88759
₽94229
₽74098
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
193 000
pensions
-
-
-
8 916
income
-
-
-
58 379
total
-
-
-
67 295
Employee
47 092
-
168 316
-
health
614
-
2 323
-
pensions
3 594
-
10 745
-
income
8 576
-
46 843
-
total
12 784
-
59 911
-
Employer
47 092
-
168 316
-
health
895
-
3 198
-
pensions
4 758
-
21 486
-
total
5 653
-
24 684
-
Corporate
140 256
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.

26 649
36 671
-
-
total
26 649
36 671
-
-
Dividends
113 607
156 329
-
-
withholding
19 378
33 263
-
-
total
19 378
33 263
-
-
Income
193 000
193 000
193 000
193 000
Total tax
64 464
69 934
84 595
67 295
After tax
128 536
123 066
108 405
125 705
Living cost
34 307
34 307
34 307
34 307
Free-cash
94 229
88 759
74 098
91 398

Estimated living cost  is ₽34307 per week

₽23535
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3155
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽429
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7186
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽109669
-₽6528
₽12235
₽83697
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
2 029
accident
-
-
-
235
other
-
-
-
345
pensions
-
-
-
3 871
income
-
-
-
54 690
total
-
-
-
61 170
Employee
34 860
-
175 519
-
health
3 991
-
20 097
-
pensions
3 925
-
7 097
-
income
4 782
-
42 468
-
total
12 698
-
69 662
-
Employer
34 860
-
175 519
-
accident
582
-
2 931
-
pensions
5 668
-
10 249
-
unemployment
854
-
4 300
-
total
7 104
-
17 480
-
Corporate
151 036
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.

135 932
173 700
-
-
total
135 932
173 700
-
-
Dividends
15 104
19 300
-
-
withholding
2 870
3 667
-
-
total
2 870
3 667
-
-
Income
193 000
193 000
193 000
193 000
Total tax
158 604
177 367
87 142
61 170
After tax
34 396
15 633
105 858
131 830
Living cost
22 161
22 161
22 161
22 161
Free-cash
12 235
-6 528
83 697
109 669

Estimated living cost  is ₽22161 per week

₽16264
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1291
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽446
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4159
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽107422
₽135119
₽132314
₽127813
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health insurance
-
-
-
10 974
work injury
-
-
-
741
pensions
-
-
-
27 287
unemployment
-
-
-
1 780
income
-
-
-
32 270
total
-
-
-
73 052
Employee

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

20 041
-
193 000
-
pensions
3 688
-
13 643
-
work injury
100
-
371
-
unemployment
240
-
890
-
health insurance
1 483
-
5 487
-
income
2 004
-
32 270
-
total
7 515
-
52 661
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
172 959
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%.

17 296
19 300
-
-
total
17 296
19 300
-
-
Dividends
155 663
173 700
-
-
withholding
23 349
26 055
-
-
total
23 349
26 055
-
-
Income
193 000
193 000
193 000
193 000
Total tax
48 160
45 355
52 661
73 052
After tax
144 840
147 645
140 339
119 948
Living cost
12 526
12 526
12 526
12 526
Free-cash
132 314
135 119
127 813
107 422

Estimated living cost  is ₽12526 per week

₽7760
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽910
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽391
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3465
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52675
₽64668
₽60443
₽45046
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
193 000
regional
-
-
-
4 568
municipal
-
-
-
1 318
social contributions
-
-
-
46 475
national
-
-
-
50 971
total
-
-
-
103 332
Employee
78 248
-
193 000
-
regional
1 181
-
4 087
-
national
13 223
-
44 755
-
social contributions
26 385
-
60 930
-
municipal
467
-
1 189
-
total
41 256
-
110 961
-
Employer
78 248
-
193 000
-
total
-
-
-
-
Corporate
114 752
193 000
-
-
nationa
27 541
46 320
-
-
municipal
5 531
9 302
-
-
total
33 072
55 622
-
-
Dividends
81 679
137 377
-
-
withholding
21 236
35 717
-
-
total
21 236
35 717
-
-
Income
193 000
193 000
193 000
193 000
Total tax
95 564
91 339
110 961
103 332
After tax
97 436
101 661
82 039
89 668
Living cost
36 993
36 993
36 993
36 993
Free-cash
60 443
64 668
45 046
52 675

Estimated living cost  is ₽36993 per week

₽25985
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2545
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7903
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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