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
₽66752
₽77916
₽67809
₽90818
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
193 000
trade
-
-
-
23 009
income

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

-
-
-
61 349
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.

-
-
-
6 894
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.

-
-
-
3 374
total
-
-
-
94 626
Employee

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

38 597
-
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.

6 894
-
6 894
-
surtax

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

59
-
3 374
-
income

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

1 078
-
61 349
-
total
8 031
-
71 617
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
154 403
193 000
-
-
surtax

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

1 273
1 591
-
-
income
23 160
28 951
-
-
trade
24 318
30 397
-
-
chamber of commerce
375
431
-
-
total
49 126
61 370
-
-
Dividends
105 276
131 630
-
-
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.

1 427
1 789
-
-
withholding
25 935
32 524
-
-
total
27 362
34 313
-
-
Income
193 000
193 000
193 000
193 000
Total tax
84 519
95 683
71 617
94 626
After tax
108 481
97 317
121 383
98 374
Living cost
30 565
30 565
30 565
30 565
Free-cash
77 916
66 752
90 818
67 809

Estimated living cost  is ₽30565 per week

₽19226
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3564
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7204
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69442
₽68593
₽61367
₽62402
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
21 255
pensions
-
-
-
23 160
national
-
-
-
34 153
social contributions
-
-
-
2 075
total
-
-
-
80 643
Employee
79 044
-
166 847
-
municipal
9 763
-
22 002
-
pensions
3 162
-
6 674
-
national
15 129
-
35 790
-
total
28 054
-
64 466
-
Employer
79 044
-
166 847
-
social contributions
850
-
1 794
-
pensions
6 324
-
13 348
-
total
7 174
-
15 142
-
Corporate
101 566
193 000
-
-
income

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

20 313
38 600
-
-
total
20 313
38 600
-
-
Dividends
81 253
154 400
-
-
withholding
17 876
33 968
-
-
total
17 876
33 968
-
-
Income
193 000
193 000
193 000
193 000
Total tax
73 417
72 568
79 608
80 643
After tax
119 583
120 432
113 392
112 357
Living cost
50 990
50 990
50 990
50 990
Free-cash
68 593
69 442
62 402
61 367

Estimated living cost  is ₽50990 per week

₽34657
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4740
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽763
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10830
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽133406
₽125129
₽46917
₽61128
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
microenterprise
-
-
-
-
income
-
-
-
37 210
surtax
-
-
-
49 215
social contributions

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

-
-
-
38 664
total
-
-
-
125 089
Employee
29 487
-
147 774
-
social contributions

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

3 244
-
13 229
-
surtax
-
-
21 427
-
income
5 249
-
30 996
-
total
8 493
-
65 652
-
Employer
29 487
-
147 774
-
social contributions

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

7 103
-
28 972
-
surtax
-
-
16 254
-
total
7 103
-
45 226
-
Corporate
156 410
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%.

31 281
38 600
-
-
total
31 281
38 600
-
-
Dividends

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

125 129
154 400
-
-
total
-
-
-
-
Income
193 000
193 000
193 000
193 000
Total tax
46 877
38 600
110 878
125 089
After tax
146 123
154 400
82 122
67 911
Living cost
20 994
20 994
20 994
20 994
Free-cash
125 129
133 406
61 128
46 917

Estimated living cost  is ₽20994 per week

₽13393
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1999
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5125
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53508
₽47326
₽63218
₽79962
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
193 000
income
-
-
-
63 242
pensions
-
-
-
11 823
health
-
-
-
12 444
total
-
-
-
87 509
Employee
86 174
86 174
174 247
-
health
13 227
11 251
12 444
-
income

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

14 105
14 105
27 744
-
pensions
15 511
11 823
11 823
-
total
42 843
37 179
52 011
-
Employer
86 174
86 174
174 247
-
unemployment
3 102
3 102
3 855
-
pensions
5 998
5 998
7 455
-
health
5 990
5 990
7 444
-
total
15 090
15 090
18 754
-
Corporate
92 793
91 735
-
-
income
18 558
18 347
-
-
total
18 558
18 347
-
-
Dividends
74 234
73 388
-
-
income
15 774
15 596
-
-
withholding
11 136
11 007
-
-
total
26 910
26 603
-
-
Income
193 000
193 000
193 000
193 000
Total tax
103 401
97 219
70 765
87 509
After tax
89 599
95 781
122 235
105 491
Living cost
42 273
42 273
42 273
42 273
Free-cash
47 326
53 508
79 962
63 218

Estimated living cost  is ₽42273 per week

₽29958
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3811
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽672
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7832
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66389
₽65513
₽58828
₽57882
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
50 171
accident
-
-
-
171
pensions
-
-
-
9 237
other
-
-
-
9 929
unemployment
-
-
-
85
health
-
-
-
5 332
national
-
-
-
20 258
total
-
-
-
95 183
Employee
55 556
-
166 151
-
municipal
16 567
-
49 546
-
national
-
-
19 735
-
total
16 567
-
69 281
-
Employer
55 556
-
166 151
-
accident
111
-
171
-
other
6 456
-
9 929
-
unemployment
1 467
-
2 256
-
pensions
6 006
-
9 237
-
health
3 417
-
5 255
-
total
17 457
-
26 848
-
Corporate
119 988
193 000
-
-
income
26 397
42 460
-
-
total
26 397
42 460
-
-
Dividends
93 591
150 540
-
-
withholding
28 077
45 162
-
-
total
28 077
45 162
-
-
Income
193 000
193 000
193 000
193 000
Total tax
88 498
87 622
96 129
95 183
After tax
104 502
105 378
96 871
97 817
Living cost
38 989
38 989
38 989
38 989
Free-cash
65 513
66 389
57 882
58 828

Estimated living cost  is ₽38989 per week

₽25841
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3826
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8731
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56684
₽70862
₽57710
₽81741
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
193 000
trade
-
-
-
24 031
income

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

-
-
-
61 349
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.

-
-
-
6 894
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.

-
-
-
3 374
total
-
-
-
95 648
Employee

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

51 174
-
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.

6 894
-
6 894
-
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.

241
-
3 374
-
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.

4 397
-
61 349
-
total
11 532
-
71 617
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
141 826
193 000
-
-
surtax

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

1 170
1 591
-
-
income
21 274
28 951
-
-
trade
23 330
31 749
-
-
chamber of commerce
354
427
-
-
total
46 128
62 718
-
-
Dividends
95 697
130 282
-
-
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.

1 295
1 769
-
-
withholding
23 541
32 187
-
-
total
24 836
33 956
-
-
Income
193 000
193 000
193 000
193 000
Total tax
82 496
96 674
71 617
95 648
After tax
110 504
96 326
121 383
97 352
Living cost
39 642
39 642
39 642
39 642
Free-cash
70 862
56 684
81 741
57 710

Estimated living cost  is ₽39642 per week

₽26513
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4180
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8357
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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
₽108016
₽103829
₽98420
₽96768
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
40 600
health
-
-
-
4 922
social contributions
-
-
-
16 327
total
-
-
-
61 849
Employee
77 596
77 596
180 966
-
social contributions
3 771
6 440
8 686
-
health
772
1 319
3 075
-
income
8 148
7 183
39 707
-
total
12 691
14 942
51 468
-
Employer
77 596
77 596
180 966
-
social contributions
3 771
6 440
8 686
-
health
841
1 436
3 347
-
total
4 612
7 876
12 033
-
Corporate
142 967
107 527
-
-
income
17 871
13 441
-
-
total
17 871
13 441
-
-
Dividends
125 097
94 086
-
-
withholding
21 266
15 994
-
-
total
21 266
15 994
-
-
Income
193 000
193 000
193 000
193 000
Total tax
56 440
52 253
63 501
61 849
After tax
136 560
140 747
129 499
131 151
Living cost
32 731
32 731
32 731
32 731
Free-cash
103 829
108 016
96 768
98 420

Estimated living cost  is ₽32731 per week

₽22375
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2557
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7250
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90051
₽90431
₽115366
₽93548
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

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

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

The minimum wage is 138,000 HUF per month.

26 467
10 533
161 506
-
health
1 853
737
11 305
-
income
3 236
1 288
19 744
-
pensions
2 647
1 053
16 151
-
unemployment
397
158
2 423
-
total
8 133
3 236
49 623
-
Employer

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

The minimum wage is 138,000 HUF per month.

26 467
10 533
161 506
-
pensions
5 161
2 054
31 494
-
total
5 161
2 054
31 494
-
Corporate
161 372
180 413
-
-
income
14 524
16 237
-
-
total
14 524
16 237
-
-
Dividends
146 849
164 176
-
-
social contributions
28 515
31 894
-
-
withholding
27 901
31 193
-
-
total
56 416
63 087
-
-
Income
193 000
193 000
193 000
193 000
Total tax
84 234
84 614
81 117
59 299
After tax
108 766
108 386
111 883
133 701
Living cost
18 335
18 335
18 335
18 335
Free-cash
90 431
90 051
93 548
115 366

Estimated living cost  is ₽18335 per week

₽12512
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1500
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽366
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3956
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽130026
₽123756
₽79076
₽86867
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
193 000
income
-
-
-
25 862
pensions
-
-
-
38 598
health
-
-
-
25 090
total
-
-
-
89 550
Employee
28 627
-
144 244
-
income
3 223
-
27 811
-
pensions
573
-
2 884
-
unemployment
458
-
2 308
-
total
4 254
-
33 003
-
Employer
28 627
-
144 244
-
unemployment
230
-
1 155
-
pensions
5 726
-
28 849
-
health
3 721
-
18 752
-
total
9 677
-
48 756
-
Corporate
154 697
193 000
-
-
income
30 939
38 600
-
-
total
30 939
38 600
-
-
Dividends
123 758
154 400
-
-
total
-
-
-
-
Income
193 000
193 000
193 000
193 000
Total tax
44 870
38 600
81 759
89 550
After tax
148 130
154 400
111 241
103 450
Living cost
24 374
24 374
24 374
24 374
Free-cash
123 756
130 026
86 867
79 076

Estimated living cost  is ₽24374 per week

₽16718
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1452
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5714
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6438
₽12247
₽109806
₽83335
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
193 000
accident
-
-
-
253
income
-
-
-
54 136
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
61 123
Employee
34 719
-
174 748
-
health
3 975
-
20 009
-
income
4 763
-
41 679
-
pensions
3 909
-
7 654
-
total
12 647
-
69 342
-
Employer
34 719
-
174 748
-
accident
580
-
2 918
-
unemployment
851
-
4 281
-
pensions
5 646
-
11 053
-
total
7 077
-
18 252
-
Corporate
151 206
193 000
-
-
income

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

136 085
173 700
-
-
total
136 085
173 700
-
-
Dividends
15 121
19 300
-
-
withholding
2 873
3 667
-
-
total
2 873
3 667
-
-
Income
193 000
193 000
193 000
193 000
Total tax
158 682
177 367
87 594
61 123
After tax
34 318
15 633
105 406
131 877
Living cost
22 071
22 071
22 071
22 071
Free-cash
12 247
-6 438
83 335
109 806

Estimated living cost  is ₽22071 per week

₽16176
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4212
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽174271
₽172569
₽181991
₽145321
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
11 349
-
193 000
-
income
2 269
-
38 600
-
total
2 269
-
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%.

181 651
193 000
-
-
total
-
-
-
-
Dividends
181 651
193 000
-
-
withholding
9 083
9 650
-
-
total
9 083
9 650
-
-
Income
193 000
193 000
193 000
193 000
Total tax
11 352
9 650
38 600
1 930
After tax
181 648
183 350
154 400
191 070
Living cost
9 079
9 079
9 079
9 079
Free-cash
172 569
174 271
145 321
181 991

Estimated living cost  is ₽9079 per week

₽5627
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽755
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽250
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2448
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽114908
₽108093
₽83980
₽82305
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
193 000
income
-
-
-
31 262
pensions

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

-
-
-
36 829
other
-
-
-
7 288
health
-
-
-
6 752
total
-
-
-
82 131
Employee
36 640
-
154 323
-
health
513
-
2 149
-
income
6 308
-
30 705
-
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.

2 564
-
10 741
-
unemployment
366
-
1 534
-
total
9 751
-
45 129
-
Employer
36 640
-
154 323
-
accident
293
-
1 235
-
other
1 833
-
7 671
-
unemployment
366
-
1 534
-
pensions

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

6 229
-
26 088
-
health
513
-
2 149
-
total
9 234
-
38 677
-
Corporate
147 126
193 000
-
-
income
30 896
40 531
-
-
total
30 896
40 531
-
-
Dividends
116 230
152 469
-
-
withholding
8 137
10 672
-
-
total
8 137
10 672
-
-
Income
193 000
193 000
193 000
193 000
Total tax
58 018
51 203
83 806
82 131
After tax
134 982
141 797
109 194
110 869
Living cost
26 889
26 889
26 889
26 889
Free-cash
108 093
114 908
82 305
83 980

Estimated living cost  is ₽26889 per week

₽18999
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1815
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽433
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5642
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57037
₽62973
₽59162
₽41774
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
193 000
income
-
-
-
56 713
pensions
-
-
-
9 403
total
-
-
-
66 116
Employee
95 816
-
168 463
-
health
1 579
-
2 387
-
income
17 272
-
45 121
-
pensions
9 244
-
11 459
-
total
28 095
-
58 967
-
Employer
95 816
-
168 463
-
pensions
11 313
-
21 337
-
health
1 820
-
3 200
-
total
13 133
-
24 537
-
Corporate
84 051
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.

15 970
36 669
-
-
total
15 970
36 669
-
-
Dividends
68 081
156 331
-
-
withholding
5 107
31 572
-
-
total
5 107
31 572
-
-
Income
193 000
193 000
193 000
193 000
Total tax
62 305
68 241
83 504
66 116
After tax
130 695
124 759
109 496
126 884
Living cost
67 722
67 722
67 722
67 722
Free-cash
62 973
57 037
41 774
59 162

Estimated living cost  is ₽67722 per week

₽50745
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7957
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8470
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽151776
₽147086
₽141394
₽149125
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
193 000
income
-
-
-
28 950
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
38 367
Employee
17 531
-
186 080
-
health
806
-
1 622
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
income
1 753
-
18 608
-
pensions

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

1 539
-
3 097
-
total
4 291
-
23 715
-
Employer
17 531
-
186 080
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
unemployment
105
-
212
-
pensions

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

1 932
-
3 887
-
health
1 210
-
2 434
-
total
3 440
-
6 921
-
Corporate
172 029
193 000
-
-
income
17 203
19 300
-
-
total
17 203
19 300
-
-
Dividends
154 827
173 700
-
-
withholding
7 741
8 685
-
-
total
7 741
8 685
-
-
Income
193 000
193 000
193 000
193 000
Total tax
32 675
27 985
30 636
38 367
After tax
160 325
165 015
162 364
154 633
Living cost
13 239
13 239
13 239
13 239
Free-cash
147 086
151 776
149 125
141 394

Estimated living cost  is ₽13239 per week

₽7729
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽945
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽351
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4214
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39824
₽42361
₽49534
₽66278
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
193 000
income
-
-
-
63 242
pensions
-
-
-
11 823
health
-
-
-
12 444
total
-
-
-
87 509
Employee
93 558
86 174
174 247
-
health
11 672
11 251
12 444
-
income

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

14 105
14 105
27 744
-
pensions
11 823
11 823
11 823
-
total
37 600
37 179
52 011
-
Employer
93 558
86 174
174 247
-
unemployment
3 368
3 102
3 855
-
pensions
6 511
5 998
7 455
-
health
6 501
5 990
7 444
-
total
16 380
15 090
18 754
-
Corporate
83 061
91 735
-
-
income
16 613
18 347
-
-
total
16 613
18 347
-
-
Dividends
66 449
73 388
-
-
income
14 121
15 596
-
-
withholding
9 968
11 007
-
-
total
24 089
26 603
-
-
Income
193 000
193 000
193 000
193 000
Total tax
94 682
97 219
70 765
87 509
After tax
98 318
95 781
122 235
105 491
Living cost
55 957
55 957
55 957
55 957
Free-cash
42 361
39 824
66 278
49 534

Estimated living cost  is ₽55957 per week

₽41278
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4998
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽642
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9041
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽108713
₽100091
₽87263
₽79167
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
193 000
income
-
-
-
19 825
health
-
-
-
26 055
solidarity contribution
-
-
-
915
social contributions
-
-
-
34 775
total
-
-
-
81 570
Employee
35 540
-
149 749
-
social contributions
2 310
-
7 741
-
health
4 798
-
20 216
-
solidarity contribution
-
-
189
-
income
4 265
-
18 269
-
total
11 373
-
46 415
-
Employer
35 540
-
149 749
-
social contributions
8 885
-
29 774
-
health
3 199
-
13 477
-
total
12 084
-
43 251
-
Corporate
145 377
193 000
-
-
income
27 622
36 670
-
-
total
27 622
36 670
-
-
Dividends
117 755
156 330
-
-
withholding
17 663
23 450
-
-
total
17 663
23 450
-
-
Income
193 000
193 000
193 000
193 000
Total tax
68 742
60 120
89 666
81 570
After tax
124 258
132 880
103 334
111 430
Living cost
24 167
24 167
24 167
24 167
Free-cash
100 091
108 713
79 167
87 263

Estimated living cost  is ₽24167 per week

₽16787
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1719
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5186
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60391
₽55125
₽48767
₽40049
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 147
regional
-
-
-
2 295
national
-
-
-
48 570
social contributions
-
-
-
49 640
total
-
-
-
101 652
Employee
89 684
-
193 000
-
social contributions
30 241
-
65 079
-
regional
846
-
2 027
-
municipal
475
-
1 023
-
national
15 540
-
42 241
-
total
47 102
-
110 370
-
Employer
89 684
-
193 000
-
total
-
-
-
-
Corporate
103 316
193 000
-
-
nationa
24 795
46 320
-
-
municipal
4 029
7 528
-
-
total
28 824
53 848
-
-
Dividends
74 492
139 152
-
-
withholding
19 368
36 180
-
-
total
19 368
36 180
-
-
Income
193 000
193 000
193 000
193 000
Total tax
95 294
90 028
110 370
101 652
After tax
97 706
102 972
82 630
91 348
Living cost
42 581
42 581
42 581
42 581
Free-cash
55 125
60 391
40 049
48 767

Estimated living cost  is ₽42581 per week

₽29682
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2792
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽653
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9452
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99129
₽95987
₽68862
₽62692
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
193 000
income
-
-
-
56 151
pensions
-
-
-
26 936
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
9 562
surtax
-
-
-
8 991
total
-
-
-
101 870
Employee
33 371
-
164 651
-
other
-
-
-
-
health
852
-
3 434
-
surtax
109
-
7 784
-
income
5 594
-
50 115
-
pensions
2 225
-
8 983
-
unemployment
2 323
-
9 374
-
total
11 103
-
79 690
-
Employer
33 371
-
164 651
-
other
-
-
-
-
unemployment
1 057
-
4 269
-
pensions
4 449
-
17 953
-
health
1 519
-
6 128
-
total
7 025
-
28 350
-
Corporate
152 605
193 000
-
-
income
39 677
50 180
-
-
total
39 677
50 180
-
-
Dividends
112 928
142 820
-
-
withholding
16 940
21 423
-
-
total
16 940
21 423
-
-
Income
193 000
193 000
193 000
193 000
Total tax
74 745
71 603
108 040
101 870
After tax
118 255
121 397
84 960
91 130
Living cost
22 268
22 268
22 268
22 268
Free-cash
95 987
99 129
62 692
68 862

Estimated living cost  is ₽22268 per week

₽13616
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2055
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6084
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78493
₽85181
₽80618
₽63230
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
193 000
income
-
-
-
56 713
pensions
-
-
-
9 403
total
-
-
-
66 116
Employee
64 213
-
168 463
-
health
932
-
2 387
-
income
11 565
-
45 121
-
pensions
5 450
-
11 459
-
total
17 947
-
58 967
-
Employer
64 213
-
168 463
-
pensions
6 951
-
21 337
-
health
1 220
-
3 200
-
total
8 171
-
24 537
-
Corporate
120 616
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.

22 916
36 669
-
-
total
22 916
36 669
-
-
Dividends
97 699
156 331
-
-
withholding
12 519
31 572
-
-
total
12 519
31 572
-
-
Income
193 000
193 000
193 000
193 000
Total tax
61 553
68 241
83 504
66 116
After tax
131 447
124 759
109 496
126 884
Living cost
46 266
46 266
46 266
46 266
Free-cash
85 181
78 493
63 230
80 618

Estimated living cost  is ₽46266 per week

₽34662
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3468
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7651
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽11988
₽44620
₽78574
₽70279
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
city
-
-
-
2 035
pensions
-
-
-
17 755
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.

-
-
-
3 861
regional
-
-
-
10 090
health
-
-
-
435
national
-
-
-
3 984
total
-
-
-
38 160
Employee
89 251
-
172 973
-
city
958
-
1 861
-
regional
2 923
-
8 779
-
health
202
-
390
-
pensions
7 498
-
14 276
-
unemployment
-
-
-
-
national
422
-
3 024
-
total
12 003
-
28 330
-
Employer
89 251
-
172 973
-
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.

1 784
-
3 459
-
unemployment
-
-
-
-
pensions
7 498
-
14 276
-
health
202
-
390
-
total
9 484
-
18 125
-
Corporate
93 283
193 000
-
-
regional
19 729
40 819
-
-
national
7 929
16 405
-
-
total
27 658
57 224
-
-
Dividends
65 625
135 776
-
-
withholding
22 969
47 522
-
-
total
22 969
47 522
-
-
Income
193 000
193 000
193 000
193 000
Total tax
72 114
104 746
46 455
38 160
After tax
120 886
88 254
146 545
154 840
Living cost
76 266
76 266
76 266
76 266
Free-cash
44 620
11 988
70 279
78 574

Estimated living cost  is ₽76266 per week

₽49595
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6844
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽936
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18891
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽49104
₽65467
₽50101
₽75155
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
193 000
trade
-
-
-
25 054
income

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

-
-
-
61 349
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.

-
-
-
6 894
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.

-
-
-
3 374
total
-
-
-
96 671
Employee

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

60 646
-
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.

6 894
-
6 894
-
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.

393
-
3 374
-
income

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

7 131
-
61 349
-
total
14 418
-
71 617
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
132 354
193 000
-
-
surtax

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

1 092
1 591
-
-
income
19 853
28 951
-
-
trade
22 698
33 099
-
-
chamber of commerce
339
425
-
-
total
43 982
64 066
-
-
Dividends
88 372
128 934
-
-
surtax

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

1 195
1 752
-
-
withholding
21 710
31 850
-
-
total
22 905
33 602
-
-
Income
193 000
193 000
193 000
193 000
Total tax
81 305
97 668
71 617
96 671
After tax
111 695
95 332
121 383
96 329
Living cost
46 228
46 228
46 228
46 228
Free-cash
65 467
49 104
75 155
50 101

Estimated living cost  is ₽46228 per week

₽33763
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3698
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.
₽8167
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62747
₽68709
₽73990
₽69801
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
193 000
income
-
-
-
31 407
pensions
-
-
-
32 961
other
-
-
-
5 982
health
-
-
-
8 637
surtax
-
-
-
-
social contributions
-
-
-
5 498
total
-
-
-
84 485
Employee
43 189
-
148 701
-
social contributions
1 231
-
4 236
-
surtax
-
-
-
-
income
2 549
-
29 519
-
pensions
4 883
-
10 619
-
total
8 663
-
44 374
-
Employer
43 189
-
148 701
-
other
1 490
-
5 920
-
social contributions
130
-
446
-
unemployment
1 748
-
6 023
-
pensions
7 095
-
17 823
-
health
3 024
-
14 088
-
total
13 487
-
44 300
-
Corporate
136 324
193 000
-
-
surtax
-
-
-
-
income
38 171
54 041
-
-
total
38 171
54 041
-
-
Dividends
98 153
138 959
-
-
surtax
-
-
-
-
social contributions
16 881
23 901
-
-
withholding
12 564
17 786
-
-
total
29 445
41 687
-
-
Income
193 000
193 000
193 000
193 000
Total tax
89 766
95 728
88 674
84 485
After tax
103 234
97 272
104 326
108 515
Living cost
34 525
34 525
34 525
34 525
Free-cash
68 709
62 747
69 801
73 990

Estimated living cost  is ₽34525 per week

₽21770
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2807
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽588
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9362
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66167
₽71772
₽77410
₽73221
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
193 000
income
-
-
-
31 407
pensions
-
-
-
32 961
other
-
-
-
5 982
health
-
-
-
8 637
surtax
-
-
-
-
social contributions
-
-
-
5 498
total
-
-
-
84 485
Employee
38 552
-
148 701
-
social contributions
1 099
-
4 236
-
surtax
-
-
-
-
income
1 988
-
29 519
-
pensions
4 360
-
10 619
-
total
7 447
-
44 374
-
Employer
38 552
-
148 701
-
other
1 331
-
5 920
-
social contributions
115
-
446
-
unemployment
1 561
-
6 023
-
pensions
6 335
-
17 823
-
health
2 698
-
14 088
-
total
12 040
-
44 300
-
Corporate
142 409
193 000
-
-
surtax
-
-
-
-
income
39 874
54 041
-
-
total
39 874
54 041
-
-
Dividends
102 535
138 959
-
-
surtax
-
-
-
-
social contributions
17 637
23 901
-
-
withholding
13 125
17 786
-
-
total
30 762
41 687
-
-
Income
193 000
193 000
193 000
193 000
Total tax
90 123
95 728
88 674
84 485
After tax
102 877
97 272
104 326
108 515
Living cost
31 105
31 105
31 105
31 105
Free-cash
71 772
66 167
73 221
77 410

Estimated living cost  is ₽31105 per week

₽18039
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3160
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.
₽9316
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96348
₽96873
₽102545
₽98118
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
193 000
income
-
-
-
28 951
health
-
-
-
13 472
social contributions
-
-
-
26 634
total
-
-
-
69 057
Employee
34 215
-
193 000
-
social contributions
4 722
-
26 634
-
health
2 388
-
13 472
-
income
5 707
-
33 378
-
total
12 817
-
73 484
-
Employer
34 215
-
193 000
-
total
-
-
-
-
Corporate
158 785
193 000
-
-
income

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

7 940
9 650
-
-
total
7 940
9 650
-
-
Dividends
150 845
183 350
-
-
health
10 529
12 798
-
-
social contributions
20 816
25 303
-
-
withholding
22 627
27 503
-
-
total
53 972
65 604
-
-
Income
193 000
193 000
193 000
193 000
Total tax
74 729
75 254
73 484
69 057
After tax
118 271
117 746
119 516
123 943
Living cost
21 398
21 398
21 398
21 398
Free-cash
96 873
96 348
98 118
102 545

Estimated living cost  is ₽21398 per week

₽14320
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1319
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5264
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71087
₽69522
₽63541
₽15400
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
193 000
chamber of commerce
-
-
-
772
income
-
-
-
55 914
pensions
-
-
-
21 810
unemployment
-
-
-
6 189
health
-
-
-
9 018
surtax
-
-
-
199
total
-
-
-
93 902
Employee
50 431
40 215
156 085
-
other
504
402
1 180
-
health
1 951
1 557
4 561
-
income
5 741
2 966
45 715
-
pensions
5 165
4 117
12 072
-
unemployment
1 513
1 206
3 537
-
total
14 874
10 248
67 065
-
Employer
50 431
40 215
156 085
-
accident
655
523
1 532
-
other
2 396
1 909
7 089
-
chamber of commerce
201
161
624
-
unemployment
1 513
1 206
3 537
-
surtax
199
199
199
-
pensions
6 329
5 048
14 795
-
payroll
1 513
1 206
4 682
-
health
1 905
1 520
4 456
-
total
14 711
11 772
36 914
-
Corporate
127 858
141 012
152 255
-
income

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

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

31 965
35 253
38 064
-
total
31 965
35 253
38 064
-
Dividends
95 893
105 759
-
-
withholding
26 371
29 083
-
-
total
26 371
29 083
-
-
Income
193 000
193 000
193 000
193 000
Total tax
87 921
86 356
142 043
93 902
After tax
105 079
106 644
50 957
99 098
Living cost
35 557
35 557
35 557
35 557
Free-cash
69 522
71 087
15 400
63 541

Estimated living cost  is ₽35557 per week

₽23715
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3033
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.
₽8225
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71016
₽55979
₽46977
₽30306
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
73 999
communal

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

-
-
-
10 071
social contributions
-
-
-
25 159
total
-
-
-
109 229
Employee

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

72 183
-
149 486
-
communal

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

3 765
-
7 796
-
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.

3 391
-
7 026
-
pensions

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

5 414
-
11 212
-
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.

628
-
1 300
-
national
22 192
-
55 052
-
total
35 390
-
82 386
-
Employer

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

72 183
-
149 486
-
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.

938
-
1 944
-
unemployment

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

1 053
-
2 183
-
surtax
8 185
-
16 951
-
pensions

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

6 396
-
13 244
-
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.

4 439
-
9 192
-
total
21 011
-
43 514
-
Corporate
99 806
193 000
-
-
surtax
398
776
-
-
income
19 962
38 734
-
-
total
20 360
39 510
-
-
Dividends
79 446
153 490
-
-
withholding

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

23 466
45 680
-
-
total
23 466
45 680
-
-
Income
193 000
193 000
193 000
193 000
Total tax
100 227
85 190
125 900
109 229
After tax
92 773
107 810
67 100
83 771
Living cost
36 794
36 794
36 794
36 794
Free-cash
55 979
71 016
30 306
46 977

Estimated living cost  is ₽36794 per week

₽23700
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3217
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽576
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9301
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92020
₽85107
₽71697
₽67462
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
843
income
-
-
-
56 799
pensions
-
-
-
26 469
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
84 860
Employee
50 231
-
163 182
-
other
50
-
94
-
income
10 598
-
53 335
-
pensions
2 361
-
4 397
-
unemployment
779
-
1 450
-
total
13 788
-
59 276
-
Employer
50 231
-
163 182
-
accident
994
-
1 852
-
other
400
-
749
-
unemployment
2 763
-
5 144
-
pensions
11 854
-
22 074
-
total
16 011
-
29 819
-
Corporate
126 758
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.

19 014
28 951
-
-
total
19 014
28 951
-
-
Dividends
107 744
164 049
-
-
withholding
22 637
35 586
-
-
total
22 637
35 586
-
-
Income
193 000
193 000
193 000
193 000
Total tax
71 450
64 537
89 095
84 860
After tax
121 550
128 463
103 905
108 140
Living cost
36 443
36 443
36 443
36 443
Free-cash
85 107
92 020
67 462
71 697

Estimated living cost  is ₽36443 per week

₽26837
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2585
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.
₽6496
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56949
₽43560
₽38876
₽46569
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 628
income
-
-
-
33 404
pensions
-
-
-
28 928
health
-
-
-
13 560
surtax
-
-
-
9 567
communal
-
-
-
12 198
total
-
-
-
99 285
Employee
76 419
-
172 399
-
health
3 401
-
7 671
-
surtax
4 684
-
10 565
-
income
7 381
-
38 962
-
pensions
6 113
-
13 792
-
total
21 579
-
70 990
-
Employer
76 419
-
172 399
-
accident
687
-
1 551
-
pensions
6 113
-
13 792
-
health
2 331
-
5 259
-
total
9 131
-
20 602
-
Corporate
107 450
193 000
-
-
surtax
1 128
2 026
-
-
communal
7 252
13 028
-
-
income
16 117
28 951
-
-
total
24 497
44 005
-
-
Dividends
82 953
148 996
-
-
income
26 950
14 857
-
-
withholding
12 444
22 350
-
-
total
39 394
37 207
-
-
Income
193 000
193 000
193 000
193 000
Total tax
94 601
81 212
91 592
99 285
After tax
98 399
111 788
101 408
93 715
Living cost
54 839
54 839
54 839
54 839
Free-cash
43 560
56 949
46 569
38 876

Estimated living cost  is ₽54839 per week

₽41138
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3323
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9797
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98731
₽95522
₽68464
₽62294
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
193 000
income
-
-
-
56 151
pensions
-
-
-
26 936
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
9 562
surtax
-
-
-
8 991
total
-
-
-
101 870
Employee
33 983
-
164 651
-
other
-
-
-
-
health
867
-
3 434
-
surtax
121
-
7 784
-
income
5 697
-
50 115
-
pensions
2 267
-
8 983
-
unemployment
2 365
-
9 374
-
total
11 317
-
79 690
-
Employer
33 983
-
164 651
-
other
-
-
-
-
unemployment
1 078
-
4 269
-
pensions
4 531
-
17 953
-
health
1 545
-
6 128
-
total
7 154
-
28 350
-
Corporate
151 862
193 000
-
-
income
39 485
50 180
-
-
total
39 485
50 180
-
-
Dividends
112 377
142 820
-
-
withholding
16 856
21 423
-
-
total
16 856
21 423
-
-
Income
193 000
193 000
193 000
193 000
Total tax
74 812
71 603
108 040
101 870
After tax
118 188
121 397
84 960
91 130
Living cost
22 666
22 666
22 666
22 666
Free-cash
95 522
98 731
62 294
68 464

Estimated living cost  is ₽22666 per week

₽13684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1971
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6486
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74261
₽72021
₽63550
₽54876
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 147
regional
-
-
-
2 910
national
-
-
-
48 570
social contributions
-
-
-
49 640
total
-
-
-
102 267
Employee
55 977
-
193 000
-
social contributions
18 876
-
65 079
-
regional
754
-
2 598
-
municipal
297
-
1 023
-
national
8 868
-
42 241
-
total
28 795
-
110 941
-
Employer
55 977
-
193 000
-
total
-
-
-
-
Corporate
137 023
193 000
-
-
nationa
32 886
46 320
-
-
municipal
6 810
9 592
-
-
total
39 696
55 912
-
-
Dividends
97 327
137 088
-
-
withholding
25 305
35 644
-
-
total
25 305
35 644
-
-
Income
193 000
193 000
193 000
193 000
Total tax
93 796
91 556
110 941
102 267
After tax
99 204
101 444
82 059
90 733
Living cost
27 183
27 183
27 183
27 183
Free-cash
72 021
74 261
54 876
63 550

Estimated living cost  is ₽27183 per week

₽16906
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2754
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7059
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽103100
₽92477
₽81650
₽73554
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
193 000
income
-
-
-
19 825
health
-
-
-
26 055
solidarity contribution
-
-
-
915
social contributions
-
-
-
34 775
total
-
-
-
81 570
Employee
43 794
-
149 749
-
social contributions
2 847
-
7 741
-
health
5 912
-
20 216
-
solidarity contribution
-
-
189
-
income
5 255
-
18 269
-
total
14 014
-
46 415
-
Employer
43 794
-
149 749
-
social contributions
10 949
-
29 774
-
health
3 941
-
13 477
-
total
14 890
-
43 251
-
Corporate
134 316
193 000
-
-
income
25 520
36 670
-
-
total
25 520
36 670
-
-
Dividends
108 796
156 330
-
-
withholding
16 319
23 450
-
-
total
16 319
23 450
-
-
Income
193 000
193 000
193 000
193 000
Total tax
70 743
60 120
89 666
81 570
After tax
122 257
132 880
103 334
111 430
Living cost
29 780
29 780
29 780
29 780
Free-cash
92 477
103 100
73 554
81 650

Estimated living cost  is ₽29780 per week

₽22146
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1650
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5469
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74557
₽74057
₽67103
₽18814
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
193 000
chamber of commerce
-
-
-
772
income
-
-
-
55 914
pensions
-
-
-
21 810
unemployment
-
-
-
6 189
health
-
-
-
9 018
surtax
-
-
-
-
total
-
-
-
93 703
Employee
44 111
40 215
156 271
-
other
440
402
1 180
-
health
1 706
1 557
4 561
-
income
3 930
2 966
45 803
-
pensions
4 517
4 117
12 072
-
unemployment
1 323
1 206
3 537
-
total
11 916
10 248
67 153
-
Employer
44 111
40 215
156 271
-
accident
573
523
1 532
-
other
2 095
1 909
7 097
-
chamber of commerce
176
161
624
-
unemployment
1 323
1 206
3 537
-
surtax
-
-
-
-
pensions
5 536
5 048
14 795
-
payroll
1 323
1 206
4 688
-
health
1 668
1 520
4 456
-
total
12 694
11 573
36 729
-
Corporate
136 194
141 211
152 441
-
income

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

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

34 048
35 303
38 110
-
total
34 048
35 303
38 110
-
Dividends
102 146
105 908
-
-
withholding
28 091
29 125
-
-
total
28 091
29 125
-
-
Income
193 000
193 000
193 000
193 000
Total tax
86 749
86 249
141 992
93 703
After tax
106 251
106 751
51 008
99 297
Living cost
32 194
32 194
32 194
32 194
Free-cash
74 057
74 557
18 814
67 103

Estimated living cost  is ₽32194 per week

₽19313
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3288
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9020
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽169201
₽166548
₽176921
₽140251
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
17 686
-
193 000
-
income
3 537
-
38 600
-
total
3 537
-
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%.

175 314
193 000
-
-
total
-
-
-
-
Dividends
175 314
193 000
-
-
withholding
8 766
9 650
-
-
total
8 766
9 650
-
-
Income
193 000
193 000
193 000
193 000
Total tax
12 303
9 650
38 600
1 930
After tax
180 697
183 350
154 400
191 070
Living cost
14 149
14 149
14 149
14 149
Free-cash
166 548
169 201
140 251
176 921

Estimated living cost  is ₽14149 per week

₽9574
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽594
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3505
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽105814
₽97374
₽66127
₽61310
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

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

-
-
-
193 000
income
-
-
-
45 279
pensions
-
-
-
35 247
unemployment
-
-
-
289
health
-
-
-
18 991
total
-
-
-
99 806
Employee

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

44 623
-
166 998
-
health
2 882
-
10 787
-
income
7 695
-
41 715
-
pensions
6 917
-
25 885
-
unemployment
63
-
234
-
total
17 557
-
78 621
-
Employer

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

44 623
-
166 998
-
unemployment
27
-
100
-
pensions
3 949
-
14 780
-
health
2 972
-
11 122
-
total
6 948
-
26 002
-
Corporate
141 429
193 000
-
-
income
26 871
36 670
-
-
total
26 871
36 670
-
-
Dividends
114 558
156 330
-
-
withholding
17 183
23 449
-
-
total
17 183
23 449
-
-
Income
193 000
193 000
193 000
193 000
Total tax
68 559
60 119
104 623
99 806
After tax
124 441
132 881
88 377
93 194
Living cost
27 067
27 067
27 067
27 067
Free-cash
97 374
105 814
61 310
66 127

Estimated living cost  is ₽27067 per week

₽18575
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1735
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.
₽6233
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73856
₽25831
₽89813
₽136152
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
193 000
income
-
-
-
37 620
social contributions
-
-
-
22 002
total
-
-
-
59 622
Employee
62 466
-
-
-
social contributions
5 122
-
730
-
income
13 779
-
-
-
total
18 901
-
730
-
Employer
62 466
-
-
-
social contributions
88 077
-
12 553
-
total
88 077
-
12 553
-
Corporate
42 456
193 000
-
-
income
9 340
42 460
-
-
total
9 340
42 460
-
-
Dividends
33 116
150 540
-
-
income
7 286
33 119
-
-
total
7 286
33 119
-
-
Income
193 000
193 000
193 000
193 000
Total tax
123 604
75 579
13 283
59 622
After tax
69 396
117 421
179 717
133 378
Living cost
43 565
43 565
43 565
43 565
Free-cash
25 831
73 856
136 152
89 813

Estimated living cost  is ₽43565 per week

₽28267
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4097
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10646
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78125
₽77110
₽70730
₽56096
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
193 000
income
-
-
-
23 550
surtax
-
-
-
-
social contributions

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

-
-
-
67 067
total
-
-
-
90 617
Employee
46 411
-
155 960
-
social contributions
5 105
-
17 156
-
surtax
-
-
-
-
income
9 654
-
51 055
-
total
14 759
-
68 211
-
Employer
46 411
-
155 960
-
social contributions
11 023
-
37 040
-
total
11 023
-
37 040
-
Corporate
135 566
193 000
-
-
surtax
-
-
-
-
income
28 468
40 531
-
-
total
28 468
40 531
-
-
Dividends
107 098
152 469
-
-
withholding
29 987
42 691
-
-
total
29 987
42 691
-
-
Income
193 000
193 000
193 000
193 000
Total tax
84 237
83 222
105 251
90 617
After tax
108 763
109 778
87 749
102 383
Living cost
31 653
31 653
31 653
31 653
Free-cash
77 110
78 125
56 096
70 730

Estimated living cost  is ₽31653 per week

₽23683
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1867
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.
₽5575
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48533
₽55468
₽59776
₽55587
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
193 000
income
-
-
-
31 407
pensions
-
-
-
32 961
other
-
-
-
5 982
health
-
-
-
8 637
surtax
-
-
-
-
social contributions
-
-
-
5 498
total
-
-
-
84 485
Employee
63 203
-
148 701
-
social contributions
1 800
-
4 236
-
surtax
-
-
-
-
income
5 515
-
29 519
-
pensions
7 149
-
10 619
-
total
14 464
-
44 374
-
Employer
63 203
-
148 701
-
other
2 181
-
5 920
-
social contributions
190
-
446
-
unemployment
2 560
-
6 023
-
pensions
10 385
-
17 823
-
health
4 424
-
14 088
-
total
19 740
-
44 300
-
Corporate
110 057
193 000
-
-
surtax
-
-
-
-
income
30 816
54 041
-
-
total
30 816
54 041
-
-
Dividends
79 242
138 959
-
-
surtax
-
-
-
-
social contributions
13 629
23 901
-
-
withholding
10 144
17 786
-
-
total
23 773
41 687
-
-
Income
193 000
193 000
193 000
193 000
Total tax
88 793
95 728
88 674
84 485
After tax
104 207
97 272
104 326
108 515
Living cost
48 739
48 739
48 739
48 739
Free-cash
55 468
48 533
55 587
59 776

Estimated living cost  is ₽48739 per week

₽32986
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3987
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽668
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11097
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽143367
₽139975
₽111281
₽116408
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 926
social contributions
-
-
-
42 459
total
-
-
-
51 385
Employee
32 442
-
167 100
-
income
-
-
9 496
-
social contributions
2 108
-
10 862
-
total
2 108
-
20 358
-
Employer
32 442
-
167 100
-
social contributions
5 029
-
25 900
-
total
5 029
-
25 900
-
Corporate
155 529
193 000
-
-
income
15 554
19 299
-
-
total
15 554
19 299
-
-
Dividends
139 976
173 701
-
-
total
-
-
-
-
Income
193 000
193 000
193 000
193 000
Total tax
22 691
19 299
46 258
51 385
After tax
170 309
173 701
146 742
141 615
Living cost
30 334
30 334
30 334
30 334
Free-cash
139 975
143 367
116 408
111 281

Estimated living cost  is ₽30334 per week

₽19613
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2286
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7863
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽26958
-₽26958
₽64331
-₽26958
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
40 653
pensions
-
-
-
875
national
-
-
-
23 151
labour market
-
-
-
15 370
total
-
-
-
80 049
Employee
205 213
205 213
205 213
-
labour market
16 394
16 394
16 394
-
national
25 070
25 070
25 070
-
municipal
43 699
43 699
43 699
-
pensions
292
292
292
-
total
85 455
85 455
85 455
-
Employer
205 213
205 213
205 213
-
labour market
16 417
16 417
16 417
-
municipal
43 769
43 769
43 769
-
pensions
583
583
583
-
national
25 114
25 114
25 114
-
total
85 883
85 883
85 883
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
193 000
193 000
193 000
193 000
Total tax
171 338
171 338
171 338
80 049
After tax
21 662
21 662
21 662
112 951
Living cost
48 620
48 620
48 620
48 620
Free-cash
-26 958
-26 958
-26 958
64 331

Estimated living cost  is ₽48620 per week

₽33276
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4301
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽748
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10295
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6112
₽12298
₽110132
₽83661
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
193 000
accident
-
-
-
253
income
-
-
-
54 136
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
61 123
Employee
34 207
-
174 748
-
health
3 917
-
20 009
-
income
4 693
-
41 679
-
pensions
3 852
-
7 654
-
total
12 462
-
69 342
-
Employer
34 207
-
174 748
-
accident
571
-
2 918
-
unemployment
838
-
4 281
-
pensions
5 562
-
11 053
-
total
6 971
-
18 252
-
Corporate
151 822
193 000
-
-
income

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

136 639
173 700
-
-
total
136 639
173 700
-
-
Dividends
15 182
19 300
-
-
withholding
2 885
3 667
-
-
total
2 885
3 667
-
-
Income
193 000
193 000
193 000
193 000
Total tax
158 957
177 367
87 594
61 123
After tax
34 043
15 633
105 406
131 877
Living cost
21 745
21 745
21 745
21 745
Free-cash
12 298
-6 112
83 661
110 132

Estimated living cost  is ₽21745 per week

₽15828
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.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4269
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81247
₽84151
₽83526
₽61417
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
193 000
municipal
-
-
-
34 280
health
-
-
-
2 551
national
-
-
-
33 900
total
-
-
-
70 731
Employee
53 092
-
162 362
-
health
396
-
2 080
-
municipal
8 696
-
26 440
-
pensions
3 583
-
10 959
-
unemployment
797
-
2 436
-
national
877
-
20 288
-
total
14 349
-
62 203
-
Employer
53 092
-
162 362
-
accident
54
-
163
-
unemployment
345
-
1 055
-
pensions
9 211
-
28 169
-
health
408
-
1 250
-
total
10 018
-
30 637
-
Corporate
129 891
193 000
-
-
income
25 979
38 600
-
-
total
25 979
38 600
-
-
Dividends

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

77 934
115 800
-
-
national
5 733
13 565
-
-
municipal
14 027
20 845
-
-
total
19 760
34 410
-
-
Income
193 000
193 000
193 000
193 000
Total tax
70 106
73 010
92 840
70 731
After tax
122 894
119 990
100 160
122 269
Living cost
38 743
38 743
38 743
38 743
Free-cash
84 151
81 247
61 417
83 526

Estimated living cost  is ₽38743 per week

₽25307
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽617
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9094
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽117383
₽111889
₽107787
₽106135
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
40 600
health
-
-
-
4 922
social contributions
-
-
-
16 327
total
-
-
-
61 849
Employee
77 596
77 596
180 966
-
social contributions
2 934
6 440
8 686
-
health
601
1 319
3 075
-
income
8 449
7 183
39 707
-
total
11 984
14 942
51 468
-
Employer
77 596
77 596
180 966
-
social contributions
2 934
6 440
8 686
-
health
653
1 436
3 347
-
total
3 587
7 876
12 033
-
Corporate
154 065
107 527
-
-
income
19 259
13 441
-
-
total
19 259
13 441
-
-
Dividends
134 806
94 086
-
-
withholding
22 917
15 994
-
-
total
22 917
15 994
-
-
Income
193 000
193 000
193 000
193 000
Total tax
57 747
52 253
63 501
61 849
After tax
135 253
140 747
129 499
131 151
Living cost
23 364
23 364
23 364
23 364
Free-cash
111 889
117 383
106 135
107 787

Estimated living cost  is ₽23364 per week

₽14002
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2292
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6553
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽143801
₽138666
₽147115
₽126876
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
193 000
income
-
-
-
19 763
pensions
-
-
-
6 419
unemployment
-
-
-
29
health
-
-
-
3 652
total
-
-
-
29 863
Employee

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

23 163
-
183 138
-
health
1 969
-
8 139
-
income
1 584
-
17 260
-
pensions
3 474
-
14 362
-
unemployment
115
-
479
-
total
7 142
-
40 240
-
Employer

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

23 163
-
183 138
-
unemployment
115
-
479
-
pensions
1 273
-
5 266
-
health
996
-
4 117
-
total
2 384
-
9 862
-
Corporate
167 453
193 000
-
-
income
15 071
17 371
-
-
total
15 071
17 371
-
-
Dividends
152 382
175 629
-
-
withholding
13 715
15 806
-
-
total
13 715
15 806
-
-
Income
193 000
193 000
193 000
193 000
Total tax
38 312
33 177
50 102
29 863
After tax
154 688
159 823
142 898
163 137
Living cost
16 022
16 022
16 022
16 022
Free-cash
138 666
143 801
126 876
147 115

Estimated living cost  is ₽16022 per week

₽10222
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1155
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4167
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽100713
₽96257
₽80390
₽76155
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
843
income
-
-
-
56 799
pensions
-
-
-
26 469
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
84 860
Employee
37 313
-
163 182
-
other
36
-
94
-
income
7 194
-
53 335
-
pensions
1 754
-
4 397
-
unemployment
578
-
1 450
-
total
9 562
-
59 276
-
Employer
37 313
-
163 182
-
accident
739
-
1 852
-
other
299
-
749
-
unemployment
2 053
-
5 144
-
pensions
8 805
-
22 074
-
total
11 896
-
29 819
-
Corporate
143 791
193 000
-
-
income

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

21 568
28 951
-
-
total
21 568
28 951
-
-
Dividends
122 223
164 049
-
-
withholding
25 967
35 586
-
-
total
25 967
35 586
-
-
Income
193 000
193 000
193 000
193 000
Total tax
68 993
64 537
89 095
84 860
After tax
124 007
128 463
103 905
108 140
Living cost
27 750
27 750
27 750
27 750
Free-cash
96 257
100 713
76 155
80 390

Estimated living cost  is ₽27750 per week

₽18730
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2668
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.
₽5866
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽117676
₽117222
₽121075
₽120878
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
193 000
income
-
-
-
65 701
pensions
-
-
-
2 010
health
-
-
-
1 458
total
-
-
-
69 169
Employee
4 198
-
190 738
-
health
210
-
503
-
income
812
-
65 595
-
pensions
378
-
905
-
unemployment
42
-
101
-
total
1 442
-
67 104
-
Employer
4 198
-
190 738
-
unemployment
84
-
201
-
pensions
462
-
1 106
-
health
399
-
955
-
total
945
-
2 262
-
Corporate
187 858
193 000
-
-
income
41 329
42 460
-
-
total
41 329
42 460
-
-
Dividends
146 529
150 540
-
-
withholding
29 306
30 108
-
-
total
29 306
30 108
-
-
Income
193 000
193 000
193 000
193 000
Total tax
73 022
72 568
69 366
69 169
After tax
119 978
120 432
123 634
123 831
Living cost
2 756
2 756
2 756
2 756
Free-cash
117 222
117 676
120 878
121 075

Estimated living cost  is ₽2756 per week

₽1638
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽63
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽832
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽121990
₽117025
₽103320
₽103321
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
193 000
income
-
-
-
44 034
pensions
-
-
-
19 392
unemployment
-
-
-
1 119
health
-
-
-
7 682
total
-
-
-
72 227
Employee

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

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

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

26 319
-
179 649
-
health
1 355
-
3 841
-
income
3 628
-
44 034
-
pensions
3 685
-
10 442
-
unemployment
197
-
559
-
total
8 865
-
58 876
-
Employer

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

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

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

26 319
-
179 649
-
unemployment
197
-
559
-
pensions
3 158
-
8 950
-
health
1 355
-
3 841
-
total
4 710
-
13 350
-
Corporate
161 970
193 000
-
-
income
24 296
28 950
-
-
total
24 296
28 950
-
-
Dividends
137 675
164 050
-
-
withholding
20 651
24 607
-
-
total
20 651
24 607
-
-
Income
193 000
193 000
193 000
193 000
Total tax
58 522
53 557
72 226
72 227
After tax
134 478
139 443
120 774
120 773
Living cost
17 453
17 453
17 453
17 453
Free-cash
117 025
121 990
103 321
103 320

Estimated living cost  is ₽17453 per week

₽11751
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1350
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽505
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3847
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82573
₽82208
₽75178
₽60544
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
193 000
income
-
-
-
23 550
surtax
-
-
-
-
social contributions

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

-
-
-
67 067
total
-
-
-
90 617
Employee
39 166
-
155 960
-
social contributions
4 309
-
17 156
-
surtax
-
-
-
-
income
7 653
-
51 055
-
total
11 962
-
68 211
-
Employer
39 166
-
155 960
-
social contributions
9 301
-
37 040
-
total
9 301
-
37 040
-
Corporate
144 533
193 000
-
-
surtax
-
-
-
-
income
30 353
40 531
-
-
total
30 353
40 531
-
-
Dividends
114 180
152 469
-
-
withholding
31 971
42 691
-
-
total
31 971
42 691
-
-
Income
193 000
193 000
193 000
193 000
Total tax
83 587
83 222
105 251
90 617
After tax
109 413
109 778
87 749
102 383
Living cost
27 205
27 205
27 205
27 205
Free-cash
82 208
82 573
60 544
75 178

Estimated living cost  is ₽27205 per week

₽19269
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1890
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.
₽5565
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92998
₽86394
₽72675
₽68440
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
843
income
-
-
-
56 799
pensions
-
-
-
26 469
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
84 860
Employee
48 736
-
163 182
-
other
48
-
94
-
income
10 179
-
53 335
-
pensions
2 290
-
4 397
-
unemployment
755
-
1 450
-
total
13 272
-
59 276
-
Employer
48 736
-
163 182
-
accident
965
-
1 852
-
other
391
-
749
-
unemployment
2 681
-
5 144
-
pensions
11 501
-
22 074
-
total
15 538
-
29 819
-
Corporate
128 726
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.

19 309
28 951
-
-
total
19 309
28 951
-
-
Dividends
109 417
164 049
-
-
withholding
23 022
35 586
-
-
total
23 022
35 586
-
-
Income
193 000
193 000
193 000
193 000
Total tax
71 141
64 537
89 095
84 860
After tax
121 859
128 463
103 905
108 140
Living cost
35 465
35 465
35 465
35 465
Free-cash
86 394
92 998
68 440
72 675

Estimated living cost  is ₽35465 per week

₽25469
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2758
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6739
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽147644
₽141491
₽137262
₽144993
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
193 000
income
-
-
-
28 950
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
38 367
Employee
23 001
-
186 080
-
health
1 058
-
1 622
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
income
2 300
-
18 608
-
pensions

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

2 019
-
3 097
-
total
5 630
-
23 715
-
Employer
23 001
-
186 080
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
unemployment
138
-
212
-
pensions

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

2 535
-
3 887
-
health
1 587
-
2 434
-
total
4 513
-
6 921
-
Corporate
165 486
193 000
-
-
income
16 548
19 300
-
-
total
16 548
19 300
-
-
Dividends
148 938
173 700
-
-
withholding
7 447
8 685
-
-
total
7 447
8 685
-
-
Income
193 000
193 000
193 000
193 000
Total tax
34 138
27 985
30 636
38 367
After tax
158 862
165 015
162 364
154 633
Living cost
17 371
17 371
17 371
17 371
Free-cash
141 491
147 644
144 993
137 262

Estimated living cost  is ₽17371 per week

₽11489
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽994
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽414
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4474
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60343
₽73545
₽61461
₽82424
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
193 000
trade
-
-
-
20 963
income

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

-
-
-
61 349
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.

-
-
-
6 894
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.

-
-
-
3 374
total
-
-
-
92 580
Employee

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

50 210
-
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.

6 894
-
6 894
-
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.

228
-
3 374
-
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.

4 129
-
61 349
-
total
11 251
-
71 617
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
142 790
193 000
-
-
surtax

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

1 178
1 591
-
-
income
21 419
28 951
-
-
trade
20 490
27 696
-
-
chamber of commerce
362
437
-
-
total
43 449
58 675
-
-
Dividends
99 341
134 325
-
-
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.

1 344
1 825
-
-
withholding
24 452
33 198
-
-
total
25 796
35 023
-
-
Income
193 000
193 000
193 000
193 000
Total tax
80 496
93 698
71 617
92 580
After tax
112 504
99 302
121 383
100 420
Living cost
38 959
38 959
38 959
38 959
Free-cash
73 545
60 343
82 424
61 461

Estimated living cost  is ₽38959 per week

₽26875
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4192
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7327
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77616
₽79842
₽42442
₽42442
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
193 000
income
-
-
-
60 521
social contributions
-
-
-
32 553
total
-
-
-
93 074
Employee
78 935
-
193 000
-
income
14 895
-
60 521
-
social contributions
6 558
-
32 553
-
total
21 453
-
93 074
-
Employer
78 935
-
193 000
-
total
-
-
-
-
Corporate
114 065
193 000
-
-
income
14 259
24 125
-
-
total
14 259
24 125
-
-
Dividends
99 806
168 875
-
-
withholding
19 962
33 775
-
-
total
19 962
33 775
-
-
Income
193 000
193 000
193 000
193 000
Total tax
55 674
57 900
93 074
93 074
After tax
137 326
135 100
99 926
99 926
Living cost
57 484
57 484
57 484
57 484
Free-cash
79 842
77 616
42 442
42 442

Estimated living cost  is ₽57484 per week

₽43733
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4684
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8518
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83489
₽87014
₽120677
₽99664
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

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

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

-
-
-
6 741
total
-
-
-
35 692
Employee
46 292
-
188 358
-
income
5 023
-
47 421
-
social contributions
4 638
-
4 642
-
total
9 661
-
52 063
-
Employer
46 292
-
188 358
-
social contributions
4 638
-
4 642
-
total
4 638
-
4 642
-
Corporate
142 070
193 000
-
-
income
49 725
67 549
-
-
total
49 725
67 549
-
-
Dividends
92 345
125 451
-
-
social contributions
5 331
5 331
-
-
total
5 331
5 331
-
-
Income
193 000
193 000
193 000
193 000
Total tax
69 355
72 880
56 705
35 692
After tax
123 645
120 120
136 295
157 308
Living cost
36 631
36 631
36 631
36 631
Free-cash
87 014
83 489
99 664
120 677

Estimated living cost  is ₽36631 per week

₽24129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2888
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9052
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sliema model

Close
Edinburgh , United Kingdom
₽87146
₽93140
₽89271
₽71883
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
193 000
income
-
-
-
56 713
pensions
-
-
-
9 403
total
-
-
-
66 116
Employee
51 629
-
168 463
-
health
673
-
2 387
-
income
9 402
-
45 121
-
pensions
3 941
-
11 459
-
total
14 016
-
58 967
-
Employer
51 629
-
168 463
-
pensions
5 216
-
21 337
-
health
981
-
3 200
-
total
6 197
-
24 537
-
Corporate
135 174
193 000
-
-
income

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

25 684
36 669
-
-
total
25 684
36 669
-
-
Dividends
109 490
156 331
-
-
withholding
16 350
31 572
-
-
total
16 350
31 572
-
-
Income
193 000
193 000
193 000
193 000
Total tax
62 247
68 241
83 504
66 116
After tax
130 753
124 759
109 496
126 884
Living cost
37 613
37 613
37 613
37 613
Free-cash
93 140
87 146
71 883
89 271

Estimated living cost  is ₽37613 per week

₽25802
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3459
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7879
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽8265
₽11969
₽107979
₽81508
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
193 000
accident
-
-
-
253
income
-
-
-
54 136
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
61 123
Employee
37 593
-
174 748
-
health
4 304
-
20 009
-
income
5 157
-
41 679
-
pensions
4 233
-
7 654
-
total
13 694
-
69 342
-
Employer
37 593
-
174 748
-
accident
628
-
2 918
-
unemployment
921
-
4 281
-
pensions
6 112
-
11 053
-
total
7 661
-
18 252
-
Corporate
147 746
193 000
-
-
income

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

132 971
173 700
-
-
total
132 971
173 700
-
-
Dividends
14 775
19 300
-
-
withholding
2 807
3 667
-
-
total
2 807
3 667
-
-
Income
193 000
193 000
193 000
193 000
Total tax
157 133
177 367
87 594
61 123
After tax
35 867
15 633
105 406
131 877
Living cost
23 898
23 898
23 898
23 898
Free-cash
11 969
-8 265
81 508
107 979

Estimated living cost  is ₽23898 per week

₽17539
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1393
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4485
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽134014
₽144056
₽102936
₽125128
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
work injury
-
-
-
807
health insurance
-
-
-
11 943
income
-
-
-
32 051
pensions
-
-
-
29 695
unemployment
-
-
-
1 937
total
-
-
-
76 433
Employee

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

21 810
-
193 000
-
work injury
109
-
403
-
income
2 181
-
32 051
-
pensions
4 013
-
14 848
-
health insurance
1 614
-
5 971
-
unemployment
262
-
968
-
total
8 179
-
54 241
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
171 190
193 000
-
-
income

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

1 712
19 300
-
-
total
1 712
19 300
-
-
Dividends
169 478
173 700
-
-
withholding
25 422
26 055
-
-
total
25 422
26 055
-
-
Income
193 000
193 000
193 000
193 000
Total tax
35 313
45 355
54 241
76 433
After tax
157 687
147 645
138 759
116 567
Living cost
13 631
13 631
13 631
13 631
Free-cash
144 056
134 014
125 128
102 936

Estimated living cost  is ₽13631 per week

₽8445
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽991
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽425
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3771
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61458
₽56869
₽48860
₽40390
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 291
regional
-
-
-
4 438
national
-
-
-
48 570
social contributions
-
-
-
49 640
total
-
-
-
103 939
Employee
85 034
-
193 000
-
social contributions
28 673
-
65 079
-
regional
1 284
-
3 938
-
municipal
507
-
1 151
-
national
14 370
-
42 241
-
total
44 834
-
112 409
-
Employer
85 034
-
193 000
-
total
-
-
-
-
Corporate
107 966
193 000
-
-
nationa
25 912
46 320
-
-
municipal
5 203
9 303
-
-
total
31 115
55 623
-
-
Dividends
76 851
137 377
-
-
withholding
19 981
35 718
-
-
total
19 981
35 718
-
-
Income
193 000
193 000
193 000
193 000
Total tax
95 930
91 341
112 409
103 939
After tax
97 070
101 659
80 591
89 061
Living cost
40 201
40 201
40 201
40 201
Free-cash
56 869
61 458
40 390
48 860

Estimated living cost  is ₽40201 per week

₽28238
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2765
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽607
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8589
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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