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
₽68762
₽91925
₽68426
₽79182
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
193 000
income

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

-
-
-
62 656
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.

-
-
-
3 445
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.

-
-
-
6 437
trade
-
-
-
23 499
total
-
-
-
96 037
Employee

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

36 036
-
193 000
-
surtax

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

55
-
3 445
-
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.

1 007
-
62 656
-
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.

6 437
-
6 437
-
total
7 499
-
72 538
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
156 964
193 000
-
-
income
23 545
28 950
-
-
surtax

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

1 294
1 593
-
-
chamber of commerce
368
420
-
-
trade
24 722
30 397
-
-
total
49 929
61 360
-
-
Dividends
107 034
131 640
-
-
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.

1 452
1 790
-
-
withholding
26 401
32 551
-
-
total
27 853
34 341
-
-
Income
193 000
193 000
193 000
193 000
Total tax
85 281
95 701
72 538
96 037
After tax
107 719
97 299
120 462
96 963
Living cost
28 537
28 537
28 537
28 537
Free-cash
79 182
68 762
91 925
68 426

Estimated living cost  is ₽28537 per week

₽17951
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3327
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽533
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6726
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70261
₽62958
₽61923
₽69428
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
193 000
social contributions
-
-
-
2 075
municipal
-
-
-
21 275
national
-
-
-
34 397
pensions
-
-
-
23 160
total
-
-
-
80 907
Employee
77 774
-
166 847
-
municipal
9 606
-
22 022
-
pensions
3 111
-
6 674
-
national
14 886
-
36 033
-
total
27 603
-
64 729
-
Employer
77 774
-
166 847
-
pensions
6 222
-
13 348
-
social contributions
836
-
1 794
-
total
7 058
-
15 142
-
Corporate
103 035
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%.

20 607
38 600
-
-
total
20 607
38 600
-
-
Dividends
82 428
154 400
-
-
withholding
18 134
33 968
-
-
total
18 134
33 968
-
-
Income
193 000
193 000
193 000
193 000
Total tax
73 402
72 568
79 871
80 907
After tax
119 598
120 432
113 129
112 093
Living cost
50 170
50 170
50 170
50 170
Free-cash
69 428
70 261
62 958
61 923

Estimated living cost  is ₽50170 per week

₽34100
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4664
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽751
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10655
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽134799
₽63312
₽49324
₽127070
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
193 000
income
-
-
-
38 762
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.

-
-
-
36 098
microenterprise
-
-
-
-
total
-
-
-
124 075
Employee
27 531
-
149 505
-
surtax
-
-
21 679
-
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.

3 029
-
12 351
-
income
4 901
-
32 562
-
total
7 930
-
66 592
-
Employer
27 531
-
149 505
-
social contributions

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

6 631
-
27 050
-
surtax
-
-
16 445
-
total
6 631
-
43 495
-
Corporate
158 838
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%.

31 768
38 600
-
-
total
31 768
38 600
-
-
Dividends

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

127 070
154 400
-
-
total
-
-
-
-
Income
193 000
193 000
193 000
193 000
Total tax
46 329
38 600
110 087
124 075
After tax
146 671
154 400
82 913
68 925
Living cost
19 601
19 601
19 601
19 601
Free-cash
127 070
134 799
63 312
49 324

Estimated living cost  is ₽19601 per week

₽12505
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.
₽445
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4785
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56486
₽83999
₽65200
₽50714
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
65 674
health
-
-
-
11 618
pensions
-
-
-
11 039
total
-
-
-
88 331
Employee
80 457
80 457
175 491
-
pensions
14 482
11 039
11 039
-
income

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

13 170
13 170
29 366
-
health
12 349
10 504
11 618
-
total
40 001
34 713
52 023
-
Employer
80 457
80 457
175 491
-
health
5 593
5 593
6 950
-
pensions
5 600
5 600
6 960
-
unemployment
2 896
2 896
3 599
-
total
14 089
14 089
17 509
-
Corporate
99 441
98 454
-
-
income
19 889
19 691
-
-
total
19 889
19 691
-
-
Dividends
79 552
78 764
-
-
income
16 905
16 737
-
-
withholding
11 933
11 815
-
-
total
28 838
28 552
-
-
Income
193 000
193 000
193 000
193 000
Total tax
102 817
97 045
69 532
88 331
After tax
90 183
95 955
123 468
104 669
Living cost
39 469
39 469
39 469
39 469
Free-cash
50 714
56 486
83 999
65 200

Estimated living cost  is ₽39469 per week

₽27970
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3558
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽628
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7313
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67758
₽58909
₽59823
₽66913
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
165
other
-
-
-
9 581
unemployment
-
-
-
82
health
-
-
-
5 145
municipal
-
-
-
50 430
national
-
-
-
21 241
pensions
-
-
-
8 913
total
-
-
-
95 557
Employee
53 604
-
167 095
-
municipal
15 985
-
49 828
-
national
-
-
20 736
-
total
15 985
-
70 564
-
Employer
53 604
-
167 095
-
health
3 297
-
5 071
-
pensions
5 795
-
8 913
-
accident
107
-
165
-
unemployment
1 415
-
2 177
-
other
6 229
-
9 581
-
total
16 843
-
25 907
-
Corporate
122 553
193 000
-
-
income
26 962
42 460
-
-
total
26 962
42 460
-
-
Dividends
95 591
150 540
-
-
withholding
28 677
45 162
-
-
total
28 677
45 162
-
-
Income
193 000
193 000
193 000
193 000
Total tax
88 467
87 622
96 471
95 557
After tax
104 533
105 378
96 529
97 443
Living cost
37 620
37 620
37 620
37 620
Free-cash
66 913
67 758
58 909
59 823

Estimated living cost  is ₽37620 per week

₽24933
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3692
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.
₽8424
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59292
₽83450
₽58907
₽72532
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
193 000
income

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

-
-
-
62 656
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.

-
-
-
3 445
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.

-
-
-
6 437
trade
-
-
-
24 543
total
-
-
-
97 081
Employee

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

47 779
-
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.

225
-
3 445
-
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.

4 105
-
62 656
-
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.

6 437
-
6 437
-
total
10 767
-
72 538
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
145 221
193 000
-
-
income
21 782
28 950
-
-
surtax

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

1 198
1 593
-
-
chamber of commerce
350
418
-
-
trade
23 889
31 748
-
-
total
47 219
62 709
-
-
Dividends
98 002
130 290
-
-
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.

1 328
1 772
-
-
withholding
24 142
32 215
-
-
total
25 470
33 987
-
-
Income
193 000
193 000
193 000
193 000
Total tax
83 456
96 696
72 538
97 081
After tax
109 544
96 304
120 462
95 919
Living cost
37 012
37 012
37 012
37 012
Free-cash
72 532
59 292
83 450
58 907

Estimated living cost  is ₽37012 per week

₽24754
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3903
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽552
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7803
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽110146
₽98379
₽100003
₽106241
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
193 000
income
-
-
-
42 272
social contributions
-
-
-
15 244
health
-
-
-
4 922
total
-
-
-
62 438
Employee
72 448
72 448
181 532
-
social contributions
3 520
6 013
8 110
-
income
7 608
6 707
41 398
-
health
721
1 232
3 086
-
total
11 849
13 952
52 594
-
Employer
72 448
72 448
181 532
-
health
785
1 341
3 358
-
social contributions
3 520
6 013
8 110
-
total
4 305
7 354
11 468
-
Corporate
146 287
113 198
-
-
income
18 285
14 150
-
-
total
18 285
14 150
-
-
Dividends
128 002
99 049
-
-
withholding
21 761
16 839
-
-
total
21 761
16 839
-
-
Income
193 000
193 000
193 000
193 000
Total tax
56 200
52 295
64 062
62 438
After tax
136 800
140 705
128 938
130 562
Living cost
30 559
30 559
30 559
30 559
Free-cash
106 241
110 146
98 379
100 003

Estimated living cost  is ₽30559 per week

₽20890
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2387
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.
₽6769
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91447
₽94974
₽116792
₽91799
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

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

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

The minimum wage is 138,000 HUF per month.

24 409
9 714
161 506
-
unemployment
366
146
2 423
-
pensions
2 441
971
16 151
-
income
2 984
1 188
19 744
-
health
1 709
680
11 305
-
total
7 500
2 985
49 623
-
Employer

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

The minimum wage is 138,000 HUF per month.

24 409
9 714
161 506
-
pensions
4 760
1 894
31 494
-
total
4 760
1 894
31 494
-
Corporate
163 831
181 391
-
-
income
14 745
16 325
-
-
total
14 745
16 325
-
-
Dividends
149 086
165 066
-
-
social contributions
28 961
32 077
-
-
withholding
28 326
31 363
-
-
total
57 287
63 440
-
-
Income
193 000
193 000
193 000
193 000
Total tax
84 292
84 644
81 117
59 299
After tax
108 708
108 356
111 883
133 701
Living cost
16 909
16 909
16 909
16 909
Free-cash
91 799
91 447
94 974
116 792

Estimated living cost  is ₽16909 per week

₽11539
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1384
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽338
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3649
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽131643
₽88485
₽80691
₽125789
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
193 000
income
-
-
-
25 862
health
-
-
-
25 090
pensions
-
-
-
38 600
total
-
-
-
89 552
Employee
26 728
-
144 247
-
unemployment
427
-
2 308
-
pensions
535
-
2 886
-
income
3 009
-
27 811
-
total
3 971
-
33 005
-
Employer
26 728
-
144 247
-
health
3 474
-
18 752
-
pensions
5 346
-
28 848
-
unemployment
215
-
1 153
-
total
9 035
-
48 753
-
Corporate
157 238
193 000
-
-
income
31 448
38 600
-
-
total
31 448
38 600
-
-
Dividends
125 790
154 400
-
-
total
-
-
-
-
Income
193 000
193 000
193 000
193 000
Total tax
44 454
38 600
81 758
89 552
After tax
148 546
154 400
111 242
103 448
Living cost
22 757
22 757
22 757
22 757
Free-cash
125 789
131 643
88 485
80 691

Estimated living cost  is ₽22757 per week

₽15609
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1355
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5335
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5411
₽84651
₽110803
₽12405
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
242
income
-
-
-
54 491
other
-
-
-
354
health
-
-
-
2 086
pensions
-
-
-
3 980
total
-
-
-
61 153
Employee
33 103
-
175 241
-
pensions
3 728
-
7 298
-
income
4 541
-
42 183
-
health
3 790
-
20 065
-
total
12 059
-
69 546
-
Employer
33 103
-
175 241
-
pensions
5 383
-
10 538
-
accident
553
-
2 927
-
unemployment
811
-
4 294
-
total
6 747
-
17 759
-
Corporate
153 150
193 000
-
-
income

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

137 835
173 700
-
-
total
137 835
173 700
-
-
Dividends
15 315
19 300
-
-
withholding
2 910
3 667
-
-
total
2 910
3 667
-
-
Income
193 000
193 000
193 000
193 000
Total tax
159 551
177 367
87 305
61 153
After tax
33 449
15 633
105 695
131 847
Living cost
21 044
21 044
21 044
21 044
Free-cash
12 405
-5 411
84 651
110 803

Estimated living cost  is ₽21044 per week

₽15423
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1166
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽439
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4016
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽175743
₽146793
₽183463
₽174316
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We expect you will register a microenterprise to benefit from 1% tax rate. Otherwise you will be taxed at a personal income rate of 20%.

-
-
-
193 000
microenterprise

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

-
-
-
1 930
total
-
-
-
1 930
Employee
9 509
-
193 000
-
income
1 902
-
38 600
-
total
1 902
-
38 600
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

183 491
193 000
-
-
total
-
-
-
-
Dividends
183 491
193 000
-
-
withholding
9 175
9 650
-
-
total
9 175
9 650
-
-
Income
193 000
193 000
193 000
193 000
Total tax
11 077
9 650
38 600
1 930
After tax
181 923
183 350
154 400
191 070
Living cost
7 607
7 607
7 607
7 607
Free-cash
174 316
175 743
146 793
183 463

Estimated living cost  is ₽7607 per week

₽4714
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽632
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽209
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2051
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽116692
₽86373
₽88010
₽110330
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
193 000
income
-
-
-
32 390
other
-
-
-
6 805
health
-
-
-
6 304
pensions

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

-
-
-
34 386
total
-
-
-
79 885
Employee
34 209
-
156 787
-
unemployment
341
-
1 432
-
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.

2 394
-
10 029
-
income
5 889
-
31 843
-
health
479
-
2 006
-
total
9 103
-
45 310
-
Employer
34 209
-
156 787
-
health
479
-
2 006
-
pensions

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

5 816
-
24 357
-
accident
274
-
1 255
-
unemployment
341
-
1 432
-
other
1 711
-
7 162
-
total
8 621
-
36 212
-
Corporate
150 170
193 000
-
-
income
31 536
40 531
-
-
total
31 536
40 531
-
-
Dividends
118 634
152 469
-
-
withholding
8 305
10 672
-
-
total
8 305
10 672
-
-
Income
193 000
193 000
193 000
193 000
Total tax
57 565
51 203
81 522
79 885
After tax
135 435
141 797
111 478
113 115
Living cost
25 105
25 105
25 105
25 105
Free-cash
110 330
116 692
86 373
88 010

Estimated living cost  is ₽25105 per week

₽17738
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1695
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽404
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5267
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60383
₽45592
₽62912
₽67976
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
193 000
income
-
-
-
58 021
pensions
-
-
-
9 021
total
-
-
-
67 042
Employee
89 201
-
168 346
-
pensions
8 605
-
10 898
-
income
16 079
-
46 474
-
health
1 470
-
2 336
-
total
26 154
-
59 708
-
Employer
89 201
-
168 346
-
health
1 694
-
3 199
-
pensions
10 532
-
21 455
-
total
12 226
-
24 654
-
Corporate
91 573
193 000
-
-
income

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

17 398
36 670
-
-
total
17 398
36 670
-
-
Dividends
74 175
156 330
-
-
withholding
6 200
32 901
-
-
total
6 200
32 901
-
-
Income
193 000
193 000
193 000
193 000
Total tax
61 978
69 571
84 362
67 042
After tax
131 022
123 429
108 638
125 958
Living cost
63 046
63 046
63 046
63 046
Free-cash
67 976
60 383
45 592
62 912

Estimated living cost  is ₽63046 per week

₽47242
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7408
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.
₽7885
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽152667
₽150781
₽142918
₽148291
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
193 000
income
-
-
-
28 950
unemployment
-
-
-
132
health
-
-
-
3 783
pensions

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

-
-
-
4 869
total
-
-
-
37 734
Employee
16 350
-
186 546
-
accident

We are using the highest rate at 1.1%.

180
-
362
-
pensions

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

1 436
-
2 888
-
income
1 635
-
18 654
-
health
752
-
1 513
-
total
4 003
-
23 417
-
Employer
16 350
-
186 546
-
health
1 129
-
2 270
-
pensions

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

1 802
-
3 625
-
accident

We are using the highest rate at 1.1%.

180
-
362
-
unemployment
98
-
197
-
total
3 209
-
6 454
-
Corporate
173 441
193 000
-
-
income
17 344
19 300
-
-
total
17 344
19 300
-
-
Dividends
156 098
173 700
-
-
withholding
7 805
8 685
-
-
total
7 805
8 685
-
-
Income
193 000
193 000
193 000
193 000
Total tax
32 361
27 985
29 871
37 734
After tax
160 639
165 015
163 129
155 266
Living cost
12 348
12 348
12 348
12 348
Free-cash
148 291
152 667
150 781
142 918

Estimated living cost  is ₽12348 per week

₽7209
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽882
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽327
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3930
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43711
₽71224
₽52425
₽46083
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
65 674
health
-
-
-
11 618
pensions
-
-
-
11 039
total
-
-
-
88 331
Employee
87 351
80 457
175 491
-
pensions
11 039
11 039
11 039
-
income

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

13 170
13 170
29 366
-
health
10 897
10 504
11 618
-
total
35 106
34 713
52 023
-
Employer
87 351
80 457
175 491
-
health
6 070
5 593
6 950
-
pensions
6 079
5 600
6 960
-
unemployment
3 145
2 896
3 599
-
total
15 294
14 089
17 509
-
Corporate
90 355
98 454
-
-
income
18 071
19 691
-
-
total
18 071
19 691
-
-
Dividends
72 285
78 764
-
-
income
15 360
16 737
-
-
withholding
10 842
11 815
-
-
total
26 202
28 552
-
-
Income
193 000
193 000
193 000
193 000
Total tax
94 673
97 045
69 532
88 331
After tax
98 327
95 955
123 468
104 669
Living cost
52 244
52 244
52 244
52 244
Free-cash
46 083
43 711
71 224
52 425

Estimated living cost  is ₽52244 per week

₽38539
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4667
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽599
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8441
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽109764
₽80918
₽89128
₽101514
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
193 000
income
-
-
-
20 052
social contributions
-
-
-
33 265
solidarity contribution
-
-
-
1 383
health
-
-
-
26 055
total
-
-
-
80 755
Employee
33 996
-
150 935
-
solidarity contribution
-
-
646
-
social contributions
2 210
-
7 405
-
income
4 080
-
18 473
-
health
4 590
-
20 376
-
total
10 880
-
46 900
-
Employer
33 996
-
150 935
-
health
3 060
-
13 584
-
social contributions
8 499
-
28 481
-
total
11 559
-
42 065
-
Corporate
147 445
193 000
-
-
income
28 015
36 670
-
-
total
28 015
36 670
-
-
Dividends
119 430
156 330
-
-
withholding
17 915
23 449
-
-
total
17 915
23 449
-
-
Income
193 000
193 000
193 000
193 000
Total tax
68 369
60 119
88 965
80 755
After tax
124 631
132 881
104 035
112 245
Living cost
23 118
23 118
23 118
23 118
Free-cash
101 514
109 764
80 918
89 128

Estimated living cost  is ₽23118 per week

₽16058
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1645
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4961
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63218
₽44024
₽52069
₽58299
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
193 000
social contributions
-
-
-
47 155
regional
-
-
-
2 350
municipal
-
-
-
1 168
national
-
-
-
50 502
total
-
-
-
101 175
Employee
83 734
-
193 000
-
municipal
443
-
1 050
-
national
14 509
-
44 253
-
regional
790
-
2 096
-
social contributions
28 235
-
61 821
-
total
43 977
-
109 220
-
Employer
83 734
-
193 000
-
total
-
-
-
-
Corporate
109 266
193 000
-
-
municipal
4 261
7 527
-
-
nationa
26 224
46 320
-
-
total
30 485
53 847
-
-
Dividends
78 782
139 153
-
-
withholding
20 483
36 179
-
-
total
20 483
36 179
-
-
Income
193 000
193 000
193 000
193 000
Total tax
94 945
90 026
109 220
101 175
After tax
98 055
102 974
83 780
91 825
Living cost
39 756
39 756
39 756
39 756
Free-cash
58 299
63 218
44 024
52 069

Estimated living cost  is ₽39756 per week

₽27713
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2607
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽610
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8825
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽100607
₽64423
₽70183
₽97674
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
193 000
income
-
-
-
58 188
other
-
-
-
-
surtax
-
-
-
9 548
unemployment
-
-
-
215
health
-
-
-
8 927
pensions
-
-
-
25 149
total
-
-
-
102 027
Employee
31 157
-
166 531
-
other
-
-
-
-
unemployment
2 169
-
8 752
-
pensions
2 078
-
8 387
-
surtax
102
-
8 421
-
income
5 223
-
52 553
-
health
796
-
3 206
-
total
10 368
-
81 319
-
Employer
31 157
-
166 531
-
health
1 418
-
5 721
-
pensions
4 153
-
16 762
-
unemployment
987
-
3 985
-
other
-
-
-
-
total
6 558
-
26 468
-
Corporate
155 285
193 000
-
-
income
40 373
50 180
-
-
total
40 373
50 180
-
-
Dividends
114 912
142 820
-
-
withholding
17 237
21 423
-
-
total
17 237
21 423
-
-
Income
193 000
193 000
193 000
193 000
Total tax
74 536
71 603
107 787
102 027
After tax
118 464
121 397
85 213
90 973
Living cost
20 790
20 790
20 790
20 790
Free-cash
97 674
100 607
64 423
70 183

Estimated living cost  is ₽20790 per week

₽12712
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1918
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽479
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5680
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80357
₽65566
₽82886
₽86584
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
193 000
income
-
-
-
58 021
pensions
-
-
-
9 021
total
-
-
-
67 042
Employee
59 780
-
168 346
-
pensions
5 074
-
10 898
-
income
10 767
-
46 474
-
health
868
-
2 336
-
total
16 709
-
59 708
-
Employer
59 780
-
168 346
-
health
1 136
-
3 199
-
pensions
6 471
-
21 455
-
total
7 607
-
24 654
-
Corporate
125 613
193 000
-
-
income

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

23 867
36 670
-
-
total
23 867
36 670
-
-
Dividends
101 746
156 330
-
-
withholding
15 161
32 901
-
-
total
15 161
32 901
-
-
Income
193 000
193 000
193 000
193 000
Total tax
63 344
69 571
84 362
67 042
After tax
129 656
123 429
108 638
125 958
Living cost
43 072
43 072
43 072
43 072
Free-cash
86 584
80 357
65 566
82 886

Estimated living cost  is ₽43072 per week

₽32269
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3228
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7123
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽13805
₽72010
₽80092
₽45659
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
193 000
other

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

-
-
-
3 861
regional
-
-
-
10 215
health
-
-
-
434
city
-
-
-
2 035
national
-
-
-
4 158
pensions
-
-
-
17 756
total
-
-
-
38 459
Employee
87 124
-
173 099
-
unemployment
-
-
-
-
pensions
7 320
-
14 144
-
national
412
-
3 216
-
regional
2 853
-
8 930
-
city
935
-
1 864
-
health
197
-
390
-
total
11 717
-
28 544
-
Employer
87 124
-
173 099
-
health
197
-
390
-
pensions
7 320
-
14 144
-
unemployment
-
-
-
-
other

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

1 742
-
3 463
-
total
9 259
-
17 997
-
Corporate
95 659
193 000
-
-
regional
20 232
40 820
-
-
national
8 130
16 404
-
-
total
28 362
57 224
-
-
Dividends
67 297
135 776
-
-
withholding
23 554
47 522
-
-
total
23 554
47 522
-
-
Income
193 000
193 000
193 000
193 000
Total tax
72 892
104 746
46 541
38 459
After tax
120 108
88 254
146 459
154 541
Living cost
74 449
74 449
74 449
74 449
Free-cash
45 659
13 805
72 010
80 092

Estimated living cost  is ₽74449 per week

₽48413
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6681
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽914
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18441
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽52150
₽77301
₽51714
₽67432
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
193 000
income

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

-
-
-
62 656
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.

-
-
-
3 445
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.

-
-
-
6 437
trade
-
-
-
25 587
total
-
-
-
98 125
Employee

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

56 622
-
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.

367
-
3 445
-
income

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

6 658
-
62 656
-
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.

6 437
-
6 437
-
total
13 462
-
72 538
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
136 378
193 000
-
-
income
20 456
28 950
-
-
surtax

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

1 125
1 593
-
-
chamber of commerce
334
415
-
-
trade
23 388
33 100
-
-
total
45 303
64 058
-
-
Dividends
91 075
128 942
-
-
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.

1 232
1 754
-
-
withholding
22 410
31 877
-
-
total
23 642
33 631
-
-
Income
193 000
193 000
193 000
193 000
Total tax
82 407
97 689
72 538
98 125
After tax
110 593
95 311
120 462
94 875
Living cost
43 161
43 161
43 161
43 161
Free-cash
67 432
52 150
77 301
51 714

Estimated living cost  is ₽43161 per week

₽31523
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3453
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽7626
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65038
₽70569
₽75022
₽70601
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
193 000
income
-
-
-
33 421
other
-
-
-
5 982
surtax
-
-
-
-
social contributions
-
-
-
5 498
health
-
-
-
9 006
pensions
-
-
-
31 836
total
-
-
-
85 743
Employee
40 323
-
148 044
-
pensions
4 559
-
10 846
-
surtax
-
-
-
-
social contributions
1 150
-
4 218
-
income
2 380
-
30 176
-
total
8 089
-
45 240
-
Employer
40 323
-
148 044
-
health
2 823
-
14 349
-
pensions
6 624
-
18 159
-
unemployment
1 632
-
5 995
-
social contributions
122
-
443
-
other
1 391
-
6 010
-
total
12 592
-
44 956
-
Corporate
140 084
193 000
-
-
income
39 224
54 040
-
-
surtax
-
-
-
-
total
39 224
54 040
-
-
Dividends
100 861
138 960
-
-
surtax
-
-
-
-
social contributions
17 348
23 901
-
-
withholding
12 911
17 786
-
-
total
30 259
41 687
-
-
Income
193 000
193 000
193 000
193 000
Total tax
90 164
95 727
90 196
85 743
After tax
102 836
97 273
102 804
107 257
Living cost
32 235
32 235
32 235
32 235
Free-cash
70 601
65 038
70 569
75 022

Estimated living cost  is ₽32235 per week

₽20325
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2621
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽549
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8741
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Nice model

Close
Marseille , France
₽68232
₽73763
₽78216
₽73469
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
193 000
income
-
-
-
33 421
other
-
-
-
5 982
surtax
-
-
-
-
social contributions
-
-
-
5 498
health
-
-
-
9 006
pensions
-
-
-
31 836
total
-
-
-
85 743
Employee
35 994
-
148 044
-
pensions
4 071
-
10 846
-
surtax
-
-
-
-
social contributions
1 026
-
4 218
-
income
1 856
-
30 176
-
total
6 953
-
45 240
-
Employer
35 994
-
148 044
-
health
2 519
-
14 349
-
pensions
5 914
-
18 159
-
unemployment
1 457
-
5 995
-
social contributions
107
-
443
-
other
1 243
-
6 010
-
total
11 240
-
44 956
-
Corporate
145 765
193 000
-
-
income
40 815
54 040
-
-
surtax
-
-
-
-
total
40 815
54 040
-
-
Dividends
104 950
138 960
-
-
surtax
-
-
-
-
social contributions
18 049
23 901
-
-
withholding
13 433
17 786
-
-
total
31 482
41 687
-
-
Income
193 000
193 000
193 000
193 000
Total tax
90 490
95 727
90 196
85 743
After tax
102 510
97 273
102 804
107 257
Living cost
29 041
29 041
29 041
29 041
Free-cash
73 469
68 232
73 763
78 216

Estimated living cost  is ₽29041 per week

₽16842
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2950
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.
₽8698
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Marseille model

Close
Vilnius , Lithuania
₽97770
₽99191
₽103965
₽98259
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
193 000
income
-
-
-
28 950
social contributions
-
-
-
26 635
health
-
-
-
13 472
total
-
-
-
69 057
Employee
31 945
-
193 000
-
social contributions
4 409
-
26 635
-
income
5 328
-
33 724
-
health
2 230
-
13 472
-
total
11 967
-
73 831
-
Employer
31 945
-
193 000
-
total
-
-
-
-
Corporate
161 055
193 000
-
-
income

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

8 053
9 649
-
-
total
8 053
9 649
-
-
Dividends
153 002
183 351
-
-
social contributions
21 114
25 303
-
-
withholding
22 950
27 502
-
-
health
10 679
12 798
-
-
total
54 743
65 603
-
-
Income
193 000
193 000
193 000
193 000
Total tax
74 763
75 252
73 831
69 057
After tax
118 237
117 748
119 169
123 943
Living cost
19 978
19 978
19 978
19 978
Free-cash
98 259
97 770
99 191
103 965

Estimated living cost  is ₽19978 per week

₽13370
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1232
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽459
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4915
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73331
₽17601
₽65932
₽71875
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
193 000
income
-
-
-
58 351
surtax
-
-
-
186
unemployment
-
-
-
5 779
chamber of commerce
-
-
-
772
health
-
-
-
8 419
pensions
-
-
-
20 363
total
-
-
-
93 870
Employee
47 085
37 547
157 663
-
other
470
375
1 101
-
unemployment
1 412
1 126
3 302
-
pensions
4 822
3 844
11 271
-
income
5 360
2 770
48 410
-
health
1 822
1 454
4 259
-
total
13 886
9 569
68 343
-
Employer
47 085
37 547
157 663
-
chamber of commerce
188
150
631
-
health
1 779
1 420
4 161
-
pensions
5 909
4 713
13 814
-
accident
611
488
1 430
-
unemployment
1 412
1 126
3 302
-
surtax
186
186
186
-
payroll
1 412
1 126
4 729
-
other
2 237
1 783
7 084
-
total
13 734
10 992
35 337
-
Corporate
132 180
144 461
154 087
-
income

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

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

33 045
36 114
38 521
-
total
33 045
36 114
38 521
-
Dividends
99 135
108 347
-
-
withholding
27 262
29 796
-
-
total
27 262
29 796
-
-
Income
193 000
193 000
193 000
193 000
Total tax
87 927
86 471
142 201
93 870
After tax
105 073
106 529
50 799
99 130
Living cost
33 198
33 198
33 198
33 198
Free-cash
71 875
73 331
17 601
65 932

Estimated living cost  is ₽33198 per week

₽22142
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2832
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7679
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72617
₽32092
₽49495
₽59401
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
193 000
communal

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

-
-
-
10 170
social contributions
-
-
-
23 490
national
-
-
-
75 492
total
-
-
-
109 152
Employee

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

67 394
-
149 482
-
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.

586
-
1 300
-
communal

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

3 515
-
7 797
-
pensions

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

5 054
-
11 210
-
national
20 719
-
55 710
-
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.

3 166
-
7 025
-
total
33 040
-
83 042
-
Employer

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

67 394
-
149 482
-
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.

4 144
-
9 194
-
pensions

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

5 972
-
13 243
-
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.

876
-
1 943
-
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.

983
-
2 183
-
surtax
7 642
-
16 950
-
total
19 617
-
43 513
-
Corporate
105 989
193 000
-
-
income
21 198
39 878
-
-
surtax
424
797
-
-
total
21 622
40 675
-
-
Dividends
84 368
152 324
-
-
withholding

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

24 967
45 355
-
-
total
24 967
45 355
-
-
Income
193 000
193 000
193 000
193 000
Total tax
99 246
86 030
126 555
109 152
After tax
93 754
106 970
66 445
83 848
Living cost
34 353
34 353
34 353
34 353
Free-cash
59 401
72 617
32 092
49 495

Estimated living cost  is ₽34353 per week

₽22127
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3004
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽538
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8684
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94297
₽70030
₽73982
₽87840
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
787
income
-
-
-
58 794
other
-
-
-
88
unemployment
-
-
-
611
pensions
-
-
-
24 713
total
-
-
-
84 993
Employee
46 899
-
165 160
-
other
46
-
88
-
unemployment
728
-
1 353
-
pensions
2 205
-
4 105
-
income
9 895
-
55 559
-
total
12 874
-
61 105
-
Employer
46 899
-
165 160
-
pensions
11 067
-
20 610
-
accident
928
-
1 729
-
unemployment
2 580
-
4 802
-
other
374
-
699
-
total
14 949
-
27 840
-
Corporate
131 152
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.

19 673
28 950
-
-
total
19 673
28 950
-
-
Dividends
111 480
164 050
-
-
withholding
23 638
35 728
-
-
total
23 638
35 728
-
-
Income
193 000
193 000
193 000
193 000
Total tax
71 134
64 678
88 945
84 993
After tax
121 866
128 322
104 055
108 007
Living cost
34 026
34 026
34 026
34 026
Free-cash
87 840
94 297
70 030
73 982

Estimated living cost  is ₽34026 per week

₽25056
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2414
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.
₽6065
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59590
₽48886
₽41193
₽46803
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
193 000
communal
-
-
-
12 197
accident
-
-
-
1 627
income
-
-
-
34 725
surtax
-
-
-
9 567
health
-
-
-
13 561
pensions
-
-
-
28 929
total
-
-
-
100 606
Employee
71 349
-
172 398
-
pensions
5 707
-
13 792
-
surtax
4 373
-
10 565
-
income
6 892
-
40 282
-
health
3 175
-
7 672
-
total
20 147
-
72 311
-
Employer
71 349
-
172 398
-
health
2 176
-
5 258
-
pensions
5 707
-
13 792
-
accident
642
-
1 552
-
total
8 525
-
20 602
-
Corporate
113 126
193 000
-
-
communal
7 636
13 027
-
-
income
16 969
28 950
-
-
surtax
1 187
2 026
-
-
total
25 792
44 003
-
-
Dividends
87 333
148 997
-
-
income
27 432
15 857
-
-
withholding
13 100
22 349
-
-
total
40 532
38 206
-
-
Income
193 000
193 000
193 000
193 000
Total tax
94 996
82 209
92 913
100 606
After tax
98 004
110 791
100 087
92 394
Living cost
51 201
51 201
51 201
51 201
Free-cash
46 803
59 590
48 886
41 193

Estimated living cost  is ₽51201 per week

₽38408
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3102
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽542
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9147
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Luxembourg model

Close
Athens , Greece
₽100235
₽64051
₽69811
₽97237
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
193 000
income
-
-
-
58 188
other
-
-
-
-
surtax
-
-
-
9 548
unemployment
-
-
-
215
health
-
-
-
8 927
pensions
-
-
-
25 149
total
-
-
-
102 027
Employee
31 729
-
166 531
-
other
-
-
-
-
unemployment
2 208
-
8 752
-
pensions
2 117
-
8 387
-
surtax
113
-
8 421
-
income
5 319
-
52 553
-
health
810
-
3 206
-
total
10 567
-
81 319
-
Employer
31 729
-
166 531
-
health
1 443
-
5 721
-
pensions
4 230
-
16 762
-
unemployment
1 007
-
3 985
-
other
-
-
-
-
total
6 680
-
26 468
-
Corporate
154 592
193 000
-
-
income
40 195
50 180
-
-
total
40 195
50 180
-
-
Dividends
114 397
142 820
-
-
withholding
17 159
21 423
-
-
total
17 159
21 423
-
-
Income
193 000
193 000
193 000
193 000
Total tax
74 601
71 603
107 787
102 027
After tax
118 399
121 397
85 213
90 973
Living cost
21 162
21 162
21 162
21 162
Free-cash
97 237
100 235
64 051
69 811

Estimated living cost  is ₽21162 per week

₽12777
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1840
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽6056
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76066
₽57833
₽65835
₽73972
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
193 000
social contributions
-
-
-
47 155
regional
-
-
-
2 960
municipal
-
-
-
1 168
national
-
-
-
50 502
total
-
-
-
101 785
Employee
52 263
-
193 000
-
municipal
277
-
1 050
-
national
8 280
-
44 253
-
regional
704
-
2 663
-
social contributions
17 624
-
61 821
-
total
26 885
-
109 787
-
Employer
52 263
-
193 000
-
total
-
-
-
-
Corporate
140 737
193 000
-
-
municipal
6 994
9 592
-
-
nationa
33 778
46 320
-
-
total
40 772
55 912
-
-
Dividends
99 965
137 088
-
-
withholding
25 991
35 642
-
-
total
25 991
35 642
-
-
Income
193 000
193 000
193 000
193 000
Total tax
93 648
91 554
109 787
101 785
After tax
99 352
101 446
83 213
91 215
Living cost
25 380
25 380
25 380
25 380
Free-cash
73 972
76 066
57 833
65 835

Estimated living cost  is ₽25380 per week

₽15784
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2571
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽434
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6590
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽104394
₽75548
₽83758
₽94232
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
193 000
income
-
-
-
20 052
social contributions
-
-
-
33 265
solidarity contribution
-
-
-
1 383
health
-
-
-
26 055
total
-
-
-
80 755
Employee
41 892
-
150 935
-
solidarity contribution
-
-
646
-
social contributions
2 723
-
7 405
-
income
5 027
-
18 473
-
health
5 655
-
20 376
-
total
13 405
-
46 900
-
Employer
41 892
-
150 935
-
health
3 770
-
13 584
-
social contributions
10 473
-
28 481
-
total
14 243
-
42 065
-
Corporate
136 864
193 000
-
-
income
26 004
36 670
-
-
total
26 004
36 670
-
-
Dividends
110 860
156 330
-
-
withholding
16 629
23 449
-
-
total
16 629
23 449
-
-
Income
193 000
193 000
193 000
193 000
Total tax
70 281
60 119
88 965
80 755
After tax
122 719
132 881
104 035
112 245
Living cost
28 487
28 487
28 487
28 487
Free-cash
94 232
104 394
75 548
83 758

Estimated living cost  is ₽28487 per week

₽21185
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1578
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽493
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5231
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76573
₽20788
₽69258
₽76107
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
193 000
income
-
-
-
58 351
surtax
-
-
-
-
unemployment
-
-
-
5 779
chamber of commerce
-
-
-
772
health
-
-
-
8 419
pensions
-
-
-
20 363
total
-
-
-
93 684
Employee
41 185
37 547
157 837
-
other
411
375
1 101
-
unemployment
1 235
1 126
3 302
-
pensions
4 218
3 844
11 271
-
income
3 669
2 770
48 492
-
health
1 593
1 454
4 259
-
total
11 126
9 569
68 425
-
Employer
41 185
37 547
157 837
-
chamber of commerce
164
150
631
-
health
1 557
1 420
4 161
-
pensions
5 169
4 713
13 814
-
accident
535
488
1 430
-
unemployment
1 235
1 126
3 302
-
surtax
-
-
-
-
payroll
1 235
1 126
4 734
-
other
1 956
1 783
7 091
-
total
11 851
10 806
35 163
-
Corporate
139 963
144 647
154 261
-
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.

34 990
36 161
38 566
-
total
34 990
36 161
38 566
-
Dividends
104 973
108 486
-
-
withholding
28 868
29 833
-
-
total
28 868
29 833
-
-
Income
193 000
193 000
193 000
193 000
Total tax
86 835
86 369
142 154
93 684
After tax
106 165
106 631
50 846
99 316
Living cost
30 058
30 058
30 058
30 058
Free-cash
76 107
76 573
20 788
69 258

Estimated living cost  is ₽30058 per week

₽18031
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3070
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8421
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽171495
₽142545
₽179215
₽169272
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We expect you will register a microenterprise to benefit from 1% tax rate. Otherwise you will be taxed at a personal income rate of 20%.

-
-
-
193 000
microenterprise

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

-
-
-
1 930
total
-
-
-
1 930
Employee
14 819
-
193 000
-
income
2 964
-
38 600
-
total
2 964
-
38 600
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

178 181
193 000
-
-
total
-
-
-
-
Dividends
178 181
193 000
-
-
withholding
8 909
9 650
-
-
total
8 909
9 650
-
-
Income
193 000
193 000
193 000
193 000
Total tax
11 873
9 650
38 600
1 930
After tax
181 127
183 350
154 400
191 070
Living cost
11 855
11 855
11 855
11 855
Free-cash
169 272
171 495
142 545
179 215

Estimated living cost  is ₽11855 per week

₽8022
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽498
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽398
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2937
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽107609
₽62143
₽66333
₽99728
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
46 868
unemployment
-
-
-
290
health
-
-
-
18 991
pensions
-
-
-
35 247
total
-
-
-
101 396
Employee

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

41 663
-
167 000
-
unemployment
59
-
234
-
pensions
6 458
-
25 886
-
income
7 185
-
42 679
-
health
2 691
-
10 787
-
total
16 393
-
79 586
-
Employer

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

41 663
-
167 000
-
health
2 775
-
11 121
-
pensions
3 687
-
14 779
-
unemployment
25
-
100
-
total
6 487
-
26 000
-
Corporate
144 851
193 000
-
-
income
27 522
36 671
-
-
total
27 522
36 671
-
-
Dividends
117 329
156 329
-
-
withholding
17 599
23 449
-
-
total
17 599
23 449
-
-
Income
193 000
193 000
193 000
193 000
Total tax
68 001
60 120
105 586
101 396
After tax
124 999
132 880
87 414
91 604
Living cost
25 271
25 271
25 271
25 271
Free-cash
99 728
107 609
62 143
66 333

Estimated living cost  is ₽25271 per week

₽17343
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1620
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.
₽5820
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76977
₽140225
₽92934
₽32393
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
193 000
income
-
-
-
37 620
social contributions
-
-
-
22 002
total
-
-
-
59 622
Employee
57 990
-
-
-
social contributions
4 755
-
678
-
income
12 791
-
-
-
total
17 546
-
678
-
Employer
57 990
-
-
-
social contributions
81 766
-
11 653
-
total
81 766
-
11 653
-
Corporate
53 244
193 000
-
-
income
11 714
42 460
-
-
total
11 714
42 460
-
-
Dividends
41 530
150 540
-
-
income
9 137
33 119
-
-
total
9 137
33 119
-
-
Income
193 000
193 000
193 000
193 000
Total tax
120 163
75 579
12 331
59 622
After tax
72 837
117 421
180 669
133 378
Living cost
40 444
40 444
40 444
40 444
Free-cash
32 393
76 977
140 225
92 934

Estimated living cost  is ₽40444 per week

₽26241
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3804
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.
₽9883
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80224
₽57439
₽72072
₽79279
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
193 000
income
-
-
-
24 308
surtax
-
-
-
-
social contributions

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

-
-
-
67 067
total
-
-
-
91 375
Employee
43 332
-
155 959
-
surtax
-
-
-
-
social contributions
4 767
-
17 155
-
income
9 013
-
51 812
-
total
13 780
-
68 967
-
Employer
43 332
-
155 959
-
social contributions
10 291
-
37 041
-
total
10 291
-
37 041
-
Corporate
139 376
193 000
-
-
income
29 268
40 531
-
-
surtax
-
-
-
-
total
29 268
40 531
-
-
Dividends
110 108
152 469
-
-
withholding
30 829
42 692
-
-
total
30 829
42 692
-
-
Income
193 000
193 000
193 000
193 000
Total tax
84 168
83 223
106 008
91 375
After tax
108 832
109 777
86 992
101 625
Living cost
29 553
29 553
29 553
29 553
Free-cash
79 279
80 224
57 439
72 072

Estimated living cost  is ₽29553 per week

₽22111
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1743
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽493
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5205
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51768
₽57299
₽61752
₽58244
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
193 000
income
-
-
-
33 421
other
-
-
-
5 982
surtax
-
-
-
-
social contributions
-
-
-
5 498
health
-
-
-
9 006
pensions
-
-
-
31 836
total
-
-
-
85 743
Employee
59 010
-
148 044
-
pensions
6 674
-
10 846
-
surtax
-
-
-
-
social contributions
1 681
-
4 218
-
income
5 149
-
30 176
-
total
13 504
-
45 240
-
Employer
59 010
-
148 044
-
health
4 130
-
14 349
-
pensions
9 696
-
18 159
-
unemployment
2 390
-
5 995
-
social contributions
177
-
443
-
other
2 036
-
6 010
-
total
18 429
-
44 956
-
Corporate
115 560
193 000
-
-
income
32 356
54 040
-
-
surtax
-
-
-
-
total
32 356
54 040
-
-
Dividends
83 204
138 960
-
-
surtax
-
-
-
-
social contributions
14 311
23 901
-
-
withholding
10 651
17 786
-
-
total
24 962
41 687
-
-
Income
193 000
193 000
193 000
193 000
Total tax
89 251
95 727
90 196
85 743
After tax
103 749
97 273
102 804
107 257
Living cost
45 505
45 505
45 505
45 505
Free-cash
58 244
51 768
57 299
61 752

Estimated living cost  is ₽45505 per week

₽30797
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3722
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽624
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10361
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽145378
₽118015
₽112886
₽142213
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
193 000
income
-
-
-
9 333
social contributions
-
-
-
42 460
total
-
-
-
51 793
Employee
30 290
-
167 100
-
income
-
-
9 902
-
social contributions
1 969
-
10 862
-
total
1 969
-
20 764
-
Employer
30 290
-
167 100
-
social contributions
4 695
-
25 900
-
total
4 695
-
25 900
-
Corporate
158 015
193 000
-
-
income
15 802
19 301
-
-
total
15 802
19 301
-
-
Dividends
142 214
173 699
-
-
total
-
-
-
-
Income
193 000
193 000
193 000
193 000
Total tax
22 466
19 301
46 664
51 793
After tax
170 534
173 699
146 336
141 207
Living cost
28 321
28 321
28 321
28 321
Free-cash
142 213
145 378
118 015
112 886

Estimated living cost  is ₽28321 per week

₽18312
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2135
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽533
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7341
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽12259
-₽12259
₽66893
-₽12259
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
193 000
labour market
-
-
-
15 375
municipal
-
-
-
41 006
national
-
-
-
23 538
pensions
-
-
-
817
total
-
-
-
80 736
Employee
191 499
191 499
191 499
-
municipal
40 779
40 779
40 779
-
labour market
15 298
15 298
15 298
-
pensions
272
272
272
-
national
23 395
23 395
23 395
-
total
79 744
79 744
79 744
-
Employer
191 499
191 499
191 499
-
national
23 436
23 436
23 436
-
labour market
15 320
15 320
15 320
-
pensions
544
544
544
-
municipal
40 844
40 844
40 844
-
total
80 144
80 144
80 144
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
193 000
193 000
193 000
193 000
Total tax
159 888
159 888
159 888
80 736
After tax
33 112
33 112
33 112
112 264
Living cost
45 371
45 371
45 371
45 371
Free-cash
-12 259
-12 259
-12 259
66 893

Estimated living cost  is ₽45371 per week

₽31052
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4014
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽698
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9607
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5101
₽84961
₽111113
₽12452
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
242
income
-
-
-
54 491
other
-
-
-
354
health
-
-
-
2 086
pensions
-
-
-
3 980
total
-
-
-
61 153
Employee
32 615
-
175 241
-
pensions
3 673
-
7 298
-
income
4 474
-
42 183
-
health
3 735
-
20 065
-
total
11 882
-
69 546
-
Employer
32 615
-
175 241
-
pensions
5 303
-
10 538
-
accident
545
-
2 927
-
unemployment
799
-
4 294
-
total
6 647
-
17 759
-
Corporate
153 738
193 000
-
-
income

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

138 364
173 700
-
-
total
138 364
173 700
-
-
Dividends
15 374
19 300
-
-
withholding
2 921
3 667
-
-
total
2 921
3 667
-
-
Income
193 000
193 000
193 000
193 000
Total tax
159 814
177 367
87 305
61 153
After tax
33 186
15 633
105 695
131 847
Living cost
20 734
20 734
20 734
20 734
Free-cash
12 452
-5 101
84 961
111 113

Estimated living cost  is ₽20734 per week

₽15092
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1182
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽389
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4071
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83086
₽62275
₽84383
₽85996
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
193 000
health
-
-
-
2 578
municipal
-
-
-
34 276
national
-
-
-
35 591
total
-
-
-
72 445
Employee
49 569
-
162 362
-
municipal
8 119
-
26 435
-
unemployment
744
-
2 435
-
pensions
3 345
-
10 960
-
national
819
-
21 978
-
health
370
-
2 108
-
total
13 397
-
63 916
-
Employer
49 569
-
162 362
-
health
381
-
1 250
-
pensions
8 600
-
28 169
-
accident
50
-
163
-
unemployment
322
-
1 055
-
total
9 353
-
30 637
-
Corporate
134 078
193 000
-
-
income
26 815
38 600
-
-
total
26 815
38 600
-
-
Dividends

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

80 447
115 800
-
-
municipal
14 480
20 844
-
-
national
6 787
14 298
-
-
total
21 267
35 142
-
-
Income
193 000
193 000
193 000
193 000
Total tax
70 832
73 742
94 553
72 445
After tax
122 168
119 258
98 447
120 555
Living cost
36 172
36 172
36 172
36 172
Free-cash
85 996
83 086
62 275
84 383

Estimated living cost  is ₽36172 per week

₽23628
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3479
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.
₽8491
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽118891
₽107124
₽108748
₽113766
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
193 000
income
-
-
-
42 272
social contributions
-
-
-
15 244
health
-
-
-
4 922
total
-
-
-
62 438
Employee
72 448
72 448
181 532
-
social contributions
2 739
6 013
8 110
-
income
7 888
6 707
41 398
-
health
561
1 232
3 086
-
total
11 188
13 952
52 594
-
Employer
72 448
72 448
181 532
-
health
610
1 341
3 358
-
social contributions
2 739
6 013
8 110
-
total
3 349
7 354
11 468
-
Corporate
156 649
113 198
-
-
income
19 581
14 150
-
-
total
19 581
14 150
-
-
Dividends
137 067
99 049
-
-
withholding
23 302
16 839
-
-
total
23 302
16 839
-
-
Income
193 000
193 000
193 000
193 000
Total tax
57 420
52 295
64 062
62 438
After tax
135 580
140 705
128 938
130 562
Living cost
21 814
21 814
21 814
21 814
Free-cash
113 766
118 891
107 124
108 748

Estimated living cost  is ₽21814 per week

₽13073
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2140
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.
₽6118
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽144864
₽129853
₽148750
₽140073
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
19 861
unemployment
-
-
-
27
health
-
-
-
3 410
pensions
-
-
-
5 993
total
-
-
-
29 291
Employee

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

21 626
-
183 792
-
unemployment
107
-
447
-
pensions
3 243
-
13 410
-
income
1 479
-
17 524
-
health
1 838
-
7 599
-
total
6 667
-
38 980
-
Employer

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

21 626
-
183 792
-
health
930
-
3 844
-
pensions
1 189
-
4 917
-
unemployment
107
-
447
-
total
2 226
-
9 208
-
Corporate
169 148
193 000
-
-
income
15 222
17 370
-
-
total
15 222
17 370
-
-
Dividends
153 926
175 630
-
-
withholding
13 853
15 807
-
-
total
13 853
15 807
-
-
Income
193 000
193 000
193 000
193 000
Total tax
37 968
33 177
48 188
29 291
After tax
155 032
159 823
144 812
163 709
Living cost
14 959
14 959
14 959
14 959
Free-cash
140 073
144 864
129 853
148 750

Estimated living cost  is ₽14959 per week

₽9544
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1078
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽445
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3891
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽102414
₽78147
₽82099
₽98252
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
787
income
-
-
-
58 794
other
-
-
-
88
unemployment
-
-
-
611
pensions
-
-
-
24 713
total
-
-
-
84 993
Employee
34 837
-
165 160
-
other
34
-
88
-
unemployment
540
-
1 353
-
pensions
1 638
-
4 105
-
income
6 716
-
55 559
-
total
8 928
-
61 105
-
Employer
34 837
-
165 160
-
pensions
8 221
-
20 610
-
accident
690
-
1 729
-
unemployment
1 917
-
4 802
-
other
279
-
699
-
total
11 107
-
27 840
-
Corporate
147 056
193 000
-
-
income

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

22 058
28 950
-
-
total
22 058
28 950
-
-
Dividends
124 998
164 050
-
-
withholding
26 747
35 728
-
-
total
26 747
35 728
-
-
Income
193 000
193 000
193 000
193 000
Total tax
68 840
64 678
88 945
84 993
After tax
124 160
128 322
104 055
108 007
Living cost
25 908
25 908
25 908
25 908
Free-cash
98 252
102 414
78 147
82 099

Estimated living cost  is ₽25908 per week

₽17488
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2491
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽454
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5476
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽118520
₽122278
₽122415
₽118207
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
193 000
income
-
-
-
66 267
health
-
-
-
1 011
pensions
-
-
-
1 395
total
-
-
-
68 673
Employee
2 913
-
191 431
-
unemployment
29
-
70
-
pensions
262
-
628
-
income
563
-
66 194
-
health
146
-
349
-
total
1 000
-
67 241
-
Employer
2 913
-
191 431
-
health
277
-
663
-
pensions
320
-
767
-
unemployment
58
-
139
-
total
655
-
1 569
-
Corporate
189 432
193 000
-
-
income
41 675
42 460
-
-
total
41 675
42 460
-
-
Dividends
147 757
150 540
-
-
withholding
29 551
30 108
-
-
total
29 551
30 108
-
-
Income
193 000
193 000
193 000
193 000
Total tax
72 881
72 568
68 810
68 673
After tax
120 119
120 432
124 190
124 327
Living cost
1 912
1 912
1 912
1 912
Free-cash
118 207
118 520
122 278
122 415

Estimated living cost  is ₽1912 per week

₽1136
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽155
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽44
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽577
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽123144
₽106061
₽106060
₽118507
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
44 313
unemployment
-
-
-
1 045
health
-
-
-
7 174
pensions
-
-
-
18 109
total
-
-
-
70 641
Employee

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

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

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

24 577
-
180 533
-
unemployment
184
-
522
-
pensions
3 441
-
9 751
-
income
3 388
-
44 313
-
health
1 266
-
3 587
-
total
8 279
-
58 173
-
Employer

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

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

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

24 577
-
180 533
-
health
1 266
-
3 587
-
pensions
2 949
-
8 358
-
unemployment
184
-
522
-
total
4 399
-
12 467
-
Corporate
164 023
193 000
-
-
income
24 603
28 950
-
-
total
24 603
28 950
-
-
Dividends
139 420
164 050
-
-
withholding
20 913
24 607
-
-
total
20 913
24 607
-
-
Income
193 000
193 000
193 000
193 000
Total tax
58 194
53 557
70 640
70 641
After tax
134 806
139 443
122 360
122 359
Living cost
16 299
16 299
16 299
16 299
Free-cash
118 507
123 144
106 061
106 060

Estimated living cost  is ₽16299 per week

₽10974
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1261
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3592
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84377
₽61592
₽76225
₽84038
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
193 000
income
-
-
-
24 308
surtax
-
-
-
-
social contributions

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

-
-
-
67 067
total
-
-
-
91 375
Employee
36 568
-
155 959
-
surtax
-
-
-
-
social contributions
4 023
-
17 155
-
income
7 145
-
51 812
-
total
11 168
-
68 967
-
Employer
36 568
-
155 959
-
social contributions
8 684
-
37 041
-
total
8 684
-
37 041
-
Corporate
147 748
193 000
-
-
income
31 028
40 531
-
-
surtax
-
-
-
-
total
31 028
40 531
-
-
Dividends
116 721
152 469
-
-
withholding
32 682
42 692
-
-
total
32 682
42 692
-
-
Income
193 000
193 000
193 000
193 000
Total tax
83 562
83 223
106 008
91 375
After tax
109 438
109 777
86 992
101 625
Living cost
25 400
25 400
25 400
25 400
Free-cash
84 038
84 377
61 592
76 225

Estimated living cost  is ₽25400 per week

₽17990
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1765
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5196
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95210
₽70943
₽74895
₽89044
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
787
income
-
-
-
58 794
other
-
-
-
88
unemployment
-
-
-
611
pensions
-
-
-
24 713
total
-
-
-
84 993
Employee
45 502
-
165 160
-
other
45
-
88
-
unemployment
704
-
1 353
-
pensions
2 138
-
4 105
-
income
9 504
-
55 559
-
total
12 391
-
61 105
-
Employer
45 502
-
165 160
-
pensions
10 738
-
20 610
-
accident
901
-
1 729
-
unemployment
2 503
-
4 802
-
other
365
-
699
-
total
14 507
-
27 840
-
Corporate
132 990
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.

19 948
28 950
-
-
total
19 948
28 950
-
-
Dividends
113 043
164 050
-
-
withholding
23 998
35 728
-
-
total
23 998
35 728
-
-
Income
193 000
193 000
193 000
193 000
Total tax
70 844
64 678
88 945
84 993
After tax
122 156
128 322
104 055
108 007
Living cost
33 112
33 112
33 112
33 112
Free-cash
89 044
95 210
70 943
74 895

Estimated living cost  is ₽33112 per week

₽23780
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2575
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽467
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6292
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽148814
₽146928
₽139065
₽143073
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
193 000
income
-
-
-
28 950
unemployment
-
-
-
132
health
-
-
-
3 783
pensions

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

-
-
-
4 869
total
-
-
-
37 734
Employee
21 452
-
186 546
-
accident

We are using the highest rate at 1.1%.

236
-
362
-
pensions

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

1 883
-
2 888
-
income
2 146
-
18 654
-
health
987
-
1 513
-
total
5 252
-
23 417
-
Employer
21 452
-
186 546
-
health
1 480
-
2 270
-
pensions

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

2 364
-
3 625
-
accident

We are using the highest rate at 1.1%.

236
-
362
-
unemployment
129
-
197
-
total
4 209
-
6 454
-
Corporate
167 339
193 000
-
-
income
16 734
19 300
-
-
total
16 734
19 300
-
-
Dividends
150 604
173 700
-
-
withholding
7 531
8 685
-
-
total
7 531
8 685
-
-
Income
193 000
193 000
193 000
193 000
Total tax
33 726
27 985
29 871
37 734
After tax
159 274
165 015
163 129
155 266
Living cost
16 201
16 201
16 201
16 201
Free-cash
143 073
148 814
146 928
139 065

Estimated living cost  is ₽16201 per week

₽10715
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽927
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽387
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4172
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62910
₽84088
₽62679
₽75233
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
193 000
income

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

-
-
-
62 656
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.

-
-
-
3 445
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.

-
-
-
6 437
trade
-
-
-
21 409
total
-
-
-
93 947
Employee

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

46 879
-
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.

213
-
3 445
-
income

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

3 855
-
62 656
-
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.

6 437
-
6 437
-
total
10 505
-
72 538
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
146 121
193 000
-
-
income
21 918
28 950
-
-
surtax

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

1 205
1 593
-
-
chamber of commerce
358
426
-
-
trade
20 969
27 695
-
-
total
44 450
58 664
-
-
Dividends
101 672
134 336
-
-
surtax

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

1 378
1 827
-
-
withholding
25 060
33 225
-
-
total
26 438
35 052
-
-
Income
193 000
193 000
193 000
193 000
Total tax
81 393
93 716
72 538
93 947
After tax
111 607
99 284
120 462
99 053
Living cost
36 374
36 374
36 374
36 374
Free-cash
75 233
62 910
84 088
62 679

Estimated living cost  is ₽36374 per week

₽25092
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3914
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽6841
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81429
₽44876
₽44876
₽83509
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
193 000
income
-
-
-
61 627
social contributions
-
-
-
32 827
total
-
-
-
94 454
Employee
73 698
-
193 000
-
income
13 907
-
61 627
-
social contributions
6 123
-
32 827
-
total
20 030
-
94 454
-
Employer
73 698
-
193 000
-
total
-
-
-
-
Corporate
119 302
193 000
-
-
income
14 913
24 125
-
-
total
14 913
24 125
-
-
Dividends
104 389
168 875
-
-
withholding
20 878
33 776
-
-
total
20 878
33 776
-
-
Income
193 000
193 000
193 000
193 000
Total tax
55 821
57 901
94 454
94 454
After tax
137 179
135 099
98 546
98 546
Living cost
53 670
53 670
53 670
53 670
Free-cash
83 509
81 429
44 876
44 876

Estimated living cost  is ₽53670 per week

₽40831
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4373
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.
₽7953
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86271
₽101376
₽124128
₽89563
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

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

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

-
-
-
5 721
total
-
-
-
34 671
Employee
43 221
-
188 666
-
income
4 690
-
48 755
-
social contributions
4 330
-
4 334
-
total
9 020
-
53 089
-
Employer
43 221
-
188 666
-
social contributions
4 330
-
4 334
-
total
4 330
-
4 334
-
Corporate
145 449
193 000
-
-
income
50 908
67 550
-
-
total
50 908
67 550
-
-
Dividends
94 541
125 450
-
-
social contributions
4 978
4 978
-
-
total
4 978
4 978
-
-
Income
193 000
193 000
193 000
193 000
Total tax
69 236
72 528
57 423
34 671
After tax
123 764
120 472
135 577
158 329
Living cost
34 201
34 201
34 201
34 201
Free-cash
89 563
86 271
101 376
124 128

Estimated living cost  is ₽34201 per week

₽22528
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2696
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8452
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88413
₽73622
₽90942
₽93996
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
193 000
income
-
-
-
58 021
pensions
-
-
-
9 021
total
-
-
-
67 042
Employee
48 064
-
168 346
-
pensions
3 668
-
10 898
-
income
8 753
-
46 474
-
health
627
-
2 336
-
total
13 048
-
59 708
-
Employer
48 064
-
168 346
-
health
913
-
3 199
-
pensions
4 856
-
21 455
-
total
5 769
-
24 654
-
Corporate
139 166
193 000
-
-
income

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

26 441
36 670
-
-
total
26 441
36 670
-
-
Dividends
112 725
156 330
-
-
withholding
18 730
32 901
-
-
total
18 730
32 901
-
-
Income
193 000
193 000
193 000
193 000
Total tax
63 988
69 571
84 362
67 042
After tax
129 012
123 429
108 638
125 958
Living cost
35 016
35 016
35 016
35 016
Free-cash
93 996
88 413
73 622
90 942

Estimated living cost  is ₽35016 per week

₽24021
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3220
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽438
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7335
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽7153
₽82909
₽109061
₽12139
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
242
income
-
-
-
54 491
other
-
-
-
354
health
-
-
-
2 086
pensions
-
-
-
3 980
total
-
-
-
61 153
Employee
35 844
-
175 241
-
pensions
4 036
-
7 298
-
income
4 917
-
42 183
-
health
4 104
-
20 065
-
total
13 057
-
69 546
-
Employer
35 844
-
175 241
-
pensions
5 828
-
10 538
-
accident
599
-
2 927
-
unemployment
878
-
4 294
-
total
7 305
-
17 759
-
Corporate
149 852
193 000
-
-
income

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

134 866
173 700
-
-
total
134 866
173 700
-
-
Dividends
14 985
19 300
-
-
withholding
2 847
3 667
-
-
total
2 847
3 667
-
-
Income
193 000
193 000
193 000
193 000
Total tax
158 075
177 367
87 305
61 153
After tax
34 925
15 633
105 695
131 847
Living cost
22 786
22 786
22 786
22 786
Free-cash
12 139
-7 153
82 909
109 061

Estimated living cost  is ₽22786 per week

₽16723
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1328
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽459
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4277
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽134915
₽127317
₽106593
₽145270
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
193 000
income
-
-
-
32 229
unemployment
-
-
-
1 809
work injury
-
-
-
754
health insurance
-
-
-
11 153
pensions
-
-
-
27 732
total
-
-
-
73 677
Employee

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

20 368
-
193 000
-
health insurance
1 507
-
5 577
-
unemployment
244
-
904
-
work injury
102
-
377
-
pensions
3 748
-
13 866
-
income
2 037
-
32 229
-
total
7 638
-
52 953
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
172 632
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%.

1 726
19 300
-
-
total
1 726
19 300
-
-
Dividends
170 906
173 700
-
-
withholding
25 636
26 055
-
-
total
25 636
26 055
-
-
Income
193 000
193 000
193 000
193 000
Total tax
35 000
45 355
52 953
73 677
After tax
158 000
147 645
140 047
119 323
Living cost
12 730
12 730
12 730
12 730
Free-cash
145 270
134 915
127 317
106 593

Estimated living cost  is ₽12730 per week

₽7886
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽925
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽397
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3521
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64125
₽44156
₽51955
₽59839
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
193 000
social contributions
-
-
-
47 155
regional
-
-
-
4 542
municipal
-
-
-
1 312
national
-
-
-
50 502
total
-
-
-
103 511
Employee
79 393
-
193 000
-
municipal
474
-
1 180
-
national
13 417
-
44 253
-
regional
1 199
-
4 056
-
social contributions
26 771
-
61 821
-
total
41 861
-
111 310
-
Employer
79 393
-
193 000
-
total
-
-
-
-
Corporate
113 607
193 000
-
-
municipal
5 476
9 303
-
-
nationa
27 266
46 320
-
-
total
32 742
55 623
-
-
Dividends
80 865
137 377
-
-
withholding
21 024
35 718
-
-
total
21 024
35 718
-
-
Income
193 000
193 000
193 000
193 000
Total tax
95 627
91 341
111 310
103 511
After tax
97 373
101 659
81 690
89 489
Living cost
37 534
37 534
37 534
37 534
Free-cash
59 839
64 125
44 156
51 955

Estimated living cost  is ₽37534 per week

₽26365
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2582
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽567
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8019
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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