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
₽ 194000
per

Your estimated
City
free-cash

Dresden , Germany
₽91895
₽68202
₽68498
₽79014
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
194 000
health

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

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

-
-
-
6 678
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.

-
-
-
62 387
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.

-
-
-
3 432
trade
-
-
-
23 397
total
-
-
-
95 894
Employee

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

37 387
-
194 000
-
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.

58
-
3 432
-
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.

1 044
-
62 387
-
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.

6 678
-
6 678
-
total
7 780
-
72 497
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
156 613
194 000
-
-
chamber of commerce
373
427
-
-
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.

1 293
1 601
-
-
trade
24 666
30 555
-
-
income
23 491
29 099
-
-
total
49 823
61 682
-
-
Dividends
106 790
132 318
-
-
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.

1 449
1 799
-
-
withholding
26 326
32 709
-
-
total
27 775
34 508
-
-
Income
194 000
194 000
194 000
194 000
Total tax
85 378
96 190
72 497
95 894
After tax
108 622
97 810
121 503
98 106
Living cost
29 608
29 608
29 608
29 608
Free-cash
79 014
68 202
91 895
68 498

Estimated living cost  is ₽29608 per week

₽18624
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3452
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6978
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62583
₽69591
₽61542
₽68735
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
194 000
social contributions
-
-
-
2 085
pensions
-
-
-
23 280
national
-
-
-
34 268
municipal
-
-
-
21 360
total
-
-
-
80 993
Employee
79 780
-
167 711
-
municipal
9 854
-
22 111
-
national
15 270
-
35 913
-
pensions
3 191
-
6 708
-
total
28 315
-
64 732
-
Employer
79 780
-
167 711
-
pensions
6 382
-
13 417
-
social contributions
858
-
1 803
-
total
7 240
-
15 220
-
Corporate
101 715
194 000
-
-
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%.

20 343
38 800
-
-
total
20 343
38 800
-
-
Dividends
81 372
155 200
-
-
withholding
17 902
34 144
-
-
total
17 902
34 144
-
-
Income
194 000
194 000
194 000
194 000
Total tax
73 800
72 944
79 952
80 993
After tax
120 200
121 056
114 048
113 007
Living cost
51 465
51 465
51 465
51 465
Free-cash
68 735
69 591
62 583
61 542

Estimated living cost  is ₽51465 per week

₽34980
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4784
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽770
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10930
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62648
₽134863
₽48484
₽126846
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
194 000
social contributions

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

-
-
-
37 452
income
-
-
-
38 257
surtax
-
-
-
49 471
microenterprise
-
-
-
-
total
-
-
-
125 180
Employee
28 563
-
149 492
-
surtax
-
-
21 675
-
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.

3 142
-
12 814
-
income
5 085
-
32 019
-
total
8 227
-
66 508
-
Employer
28 563
-
149 492
-
surtax
-
-
16 444
-
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.

6 880
-
28 064
-
total
6 880
-
44 508
-
Corporate
158 557
194 000
-
-
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%.

31 711
38 801
-
-
total
31 711
38 801
-
-
Dividends

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

126 846
155 199
-
-
total
-
-
-
-
Income
194 000
194 000
194 000
194 000
Total tax
46 818
38 801
111 016
125 180
After tax
147 182
155 199
82 984
68 820
Living cost
20 336
20 336
20 336
20 336
Free-cash
126 846
134 863
62 648
48 484

Estimated living cost  is ₽20336 per week

₽12974
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1937
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4964
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82625
₽55425
₽64637
₽49437
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
194 000
health
-
-
-
12 054
income
-
-
-
64 907
pensions
-
-
-
11 453
total
-
-
-
88 414
Employee
83 474
83 474
175 834
-
income

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

13 663
13 663
28 754
-
pensions
15 025
11 453
11 453
-
health
12 812
10 898
12 054
-
total
41 500
36 014
52 261
-
Employer
83 474
83 474
175 834
-
unemployment
3 005
3 005
3 734
-
health
5 802
5 802
7 210
-
pensions
5 810
5 810
7 221
-
total
14 617
14 617
18 165
-
Corporate
96 933
95 909
-
-
income
19 386
19 182
-
-
total
19 386
19 182
-
-
Dividends
77 546
76 726
-
-
income
16 478
16 305
-
-
withholding
11 633
11 508
-
-
total
28 111
27 813
-
-
Income
194 000
194 000
194 000
194 000
Total tax
103 614
97 626
70 426
88 414
After tax
90 386
96 374
123 574
105 586
Living cost
40 949
40 949
40 949
40 949
Free-cash
49 437
55 425
82 625
64 637

Estimated living cost  is ₽40949 per week

₽29019
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3691
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽651
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7587
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57150
₽65360
₽58133
₽64449
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
194 000
other
-
-
-
10 330
health
-
-
-
5 547
accident
-
-
-
178
pensions
-
-
-
9 610
national
-
-
-
19 378
unemployment
-
-
-
89
municipal
-
-
-
50 171
total
-
-
-
95 303
Employee
57 800
-
166 067
-
municipal
17 236
-
49 521
-
national
-
-
18 833
-
total
17 236
-
68 354
-
Employer
57 800
-
166 067
-
other
6 716
-
10 330
-
unemployment
1 526
-
2 347
-
health
3 555
-
5 467
-
accident
116
-
178
-
pensions
6 248
-
9 610
-
total
18 161
-
27 932
-
Corporate
118 039
194 000
-
-
income
25 969
42 680
-
-
total
25 969
42 680
-
-
Dividends
92 071
151 320
-
-
withholding
27 621
45 396
-
-
total
27 621
45 396
-
-
Income
194 000
194 000
194 000
194 000
Total tax
88 987
88 076
96 286
95 303
After tax
105 013
105 924
97 714
98 697
Living cost
40 564
40 564
40 564
40 564
Free-cash
64 449
65 360
57 150
58 133

Estimated living cost  is ₽40564 per week

₽26884
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3980
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽616
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9083
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83103
₽58412
₽58665
₽72148
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
194 000
health

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

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

-
-
-
6 678
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.

-
-
-
62 387
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.

-
-
-
3 432
trade
-
-
-
24 438
total
-
-
-
96 935
Employee

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

49 571
-
194 000
-
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.

234
-
3 432
-
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.

4 259
-
62 387
-
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.

6 678
-
6 678
-
total
11 171
-
72 497
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
144 429
194 000
-
-
chamber of commerce
354
425
-
-
surtax

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

1 191
1 601
-
-
trade
23 759
31 913
-
-
income
21 664
29 099
-
-
total
46 968
63 038
-
-
Dividends
97 461
130 962
-
-
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.

1 319
1 781
-
-
withholding
23 994
32 369
-
-
total
25 313
34 150
-
-
Income
194 000
194 000
194 000
194 000
Total tax
83 452
97 188
72 497
96 935
After tax
110 548
96 812
121 503
97 065
Living cost
38 400
38 400
38 400
38 400
Free-cash
72 148
58 412
83 103
58 665

Estimated living cost  is ₽38400 per week

₽25682
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4049
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8095
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98155
₽109750
₽99800
₽105696
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
194 000
social contributions
-
-
-
15 816
health
-
-
-
4 947
income
-
-
-
41 732
total
-
-
-
62 495
Employee
75 165
75 165
182 215
-
social contributions
3 652
6 238
8 414
-
income
7 893
6 958
40 843
-
health
748
1 278
3 098
-
total
12 293
14 474
52 355
-
Employer
75 165
75 165
182 215
-
health
814
1 391
3 371
-
social contributions
3 652
6 238
8 414
-
total
4 466
7 629
11 785
-
Corporate
145 535
111 206
-
-
income
18 192
13 901
-
-
total
18 192
13 901
-
-
Dividends
127 343
97 304
-
-
withholding
21 648
16 541
-
-
total
21 648
16 541
-
-
Income
194 000
194 000
194 000
194 000
Total tax
56 599
52 545
64 140
62 495
After tax
137 401
141 455
129 860
131 505
Living cost
31 705
31 705
31 705
31 705
Free-cash
105 696
109 750
98 155
99 800

Estimated living cost  is ₽31705 per week

₽21674
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2476
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽532
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7023
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94748
₽91216
₽116677
₽91585
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
194 000
health
-
-
-
13 580
income
-
-
-
23 717
pensions
-
-
-
19 400
unemployment
-
-
-
2 910
total
-
-
-
59 607
Employee

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

The minimum wage is 138,000 HUF per month.

25 574
10 178
162 343
-
income
3 126
1 244
19 846
-
pensions
2 557
1 018
16 234
-
health
1 790
712
11 364
-
unemployment
384
153
2 435
-
total
7 857
3 127
49 879
-
Employer

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

The minimum wage is 138,000 HUF per month.

25 574
10 178
162 343
-
pensions
4 987
1 985
31 657
-
total
4 987
1 985
31 657
-
Corporate
163 439
181 837
-
-
income
14 710
16 365
-
-
total
14 710
16 365
-
-
Dividends
148 730
165 472
-
-
social contributions
28 886
32 151
-
-
withholding
28 259
31 440
-
-
total
57 145
63 591
-
-
Income
194 000
194 000
194 000
194 000
Total tax
84 699
85 068
81 536
59 607
After tax
109 301
108 932
112 464
134 393
Living cost
17 716
17 716
17 716
17 716
Free-cash
91 585
91 216
94 748
116 677

Estimated living cost  is ₽17716 per week

₽12090
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1450
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽354
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3823
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88209
₽131589
₽80375
₽125518
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
194 000
health
-
-
-
25 220
income
-
-
-
25 996
pensions
-
-
-
38 799
total
-
-
-
90 015
Employee
27 730
-
144 993
-
income
3 122
-
27 955
-
pensions
555
-
2 899
-
unemployment
443
-
2 321
-
total
4 120
-
33 175
-
Employer
27 730
-
144 993
-
unemployment
223
-
1 159
-
health
3 604
-
18 848
-
pensions
5 546
-
28 999
-
total
9 373
-
49 006
-
Corporate
156 897
194 000
-
-
income
31 379
38 801
-
-
total
31 379
38 801
-
-
Dividends
125 518
155 199
-
-
total
-
-
-
-
Income
194 000
194 000
194 000
194 000
Total tax
44 872
38 801
82 181
90 015
After tax
149 128
155 199
111 819
103 985
Living cost
23 610
23 610
23 610
23 610
Free-cash
125 518
131 589
88 209
80 375

Estimated living cost  is ₽23610 per week

₽16194
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1406
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5535
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84577
-₽5839
₽110989
₽12407
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
194 000
other
-
-
-
363
health
-
-
-
2 137
accident
-
-
-
247
income
-
-
-
54 635
pensions
-
-
-
4 076
total
-
-
-
61 458
Employee
33 904
-
175 957
-
income
4 651
-
42 206
-
pensions
3 818
-
7 474
-
health
3 882
-
20 147
-
total
12 351
-
69 827
-
Employer
33 904
-
175 957
-
unemployment
831
-
4 311
-
accident
566
-
2 939
-
pensions
5 513
-
10 793
-
total
6 910
-
18 043
-
Corporate
153 187
194 000
-
-
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.

137 868
174 600
-
-
total
137 868
174 600
-
-
Dividends
15 319
19 400
-
-
withholding
2 911
3 686
-
-
total
2 911
3 686
-
-
Income
194 000
194 000
194 000
194 000
Total tax
160 040
178 286
87 870
61 458
After tax
33 960
15 714
106 130
132 542
Living cost
21 553
21 553
21 553
21 553
Free-cash
12 407
-5 839
84 577
110 989

Estimated living cost  is ₽21553 per week

₽15796
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1194
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4113
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Poland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should use a business incubator or set up a company and hire themselves as an employee.

Source of data for Gdansk model

Close
Batumi , Georgia
₽147180
₽176280
₽184040
₽174776
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
194 000
microenterprise

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

-
-
-
1 940
total
-
-
-
1 940
Employee
10 024
-
194 000
-
income
2 005
-
38 800
-
total
2 005
-
38 800
-
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%.

183 976
194 000
-
-
total
-
-
-
-
Dividends
183 976
194 000
-
-
withholding
9 199
9 700
-
-
total
9 199
9 700
-
-
Income
194 000
194 000
194 000
194 000
Total tax
11 204
9 700
38 800
1 940
After tax
182 796
184 300
155 200
192 060
Living cost
8 020
8 020
8 020
8 020
Free-cash
174 776
176 280
147 180
184 040

Estimated living cost  is ₽8020 per week

₽4970
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽667
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽220
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2163
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84972
₽116488
₽86633
₽109885
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
194 000
other
-
-
-
7 060
health
-
-
-
6 541
income
-
-
-
32 045
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.

-
-
-
35 675
total
-
-
-
81 321
Employee
35 492
-
156 479
-
income
6 110
-
31 490
-
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.

2 484
-
10 405
-
health
497
-
2 081
-
unemployment
354
-
1 486
-
total
9 445
-
45 462
-
Employer
35 492
-
156 479
-
other
1 775
-
7 431
-
unemployment
354
-
1 486
-
health
497
-
2 081
-
accident
284
-
1 252
-
pensions

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

6 034
-
25 270
-
total
8 944
-
37 520
-
Corporate
149 563
194 000
-
-
income
31 409
40 739
-
-
total
31 409
40 739
-
-
Dividends
118 155
153 261
-
-
withholding
8 271
10 727
-
-
total
8 271
10 727
-
-
Income
194 000
194 000
194 000
194 000
Total tax
58 069
51 466
82 982
81 321
After tax
135 931
142 534
111 018
112 679
Living cost
26 046
26 046
26 046
26 046
Free-cash
109 885
116 488
84 972
86 633

Estimated living cost  is ₽26046 per week

₽18403
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1759
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽419
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5465
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44740
₽59740
₽62168
₽67359
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
194 000
income
-
-
-
57 949
pensions
-
-
-
9 176
total
-
-
-
67 125
Employee
91 551
-
169 253
-
income
16 503
-
46 330
-
health
1 509
-
2 361
-
pensions
8 832
-
11 115
-
total
26 844
-
59 806
-
Employer
91 551
-
169 253
-
health
1 739
-
3 215
-
pensions
10 810
-
21 532
-
total
12 549
-
24 747
-
Corporate
89 901
194 000
-
-
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.

17 080
36 861
-
-
total
17 080
36 861
-
-
Dividends
72 820
157 139
-
-
withholding
5 461
32 692
-
-
total
5 461
32 692
-
-
Income
194 000
194 000
194 000
194 000
Total tax
61 934
69 553
84 553
67 125
After tax
132 066
124 447
109 447
126 875
Living cost
64 707
64 707
64 707
64 707
Free-cash
67 359
59 740
44 740
62 168

Estimated living cost  is ₽64707 per week

₽48486
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7603
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽526
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8093
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽151117
₽153219
₽143250
₽148737
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
194 000
health
-
-
-
3 876
income
-
-
-
29 100
pensions

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

-
-
-
4 988
unemployment
-
-
-
135
total
-
-
-
38 099
Employee
16 752
-
187 387
-
income
1 675
-
18 739
-
accident

We are using the highest rate at 1.1%.

184
-
371
-
pensions

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

1 471
-
2 959
-
health
771
-
1 550
-
total
4 101
-
23 619
-
Employer
16 752
-
187 387
-
unemployment
100
-
202
-
health
1 156
-
2 326
-
accident

We are using the highest rate at 1.1%.

184
-
371
-
pensions

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

1 846
-
3 714
-
total
3 286
-
6 613
-
Corporate
173 961
194 000
-
-
income
17 396
19 400
-
-
total
17 396
19 400
-
-
Dividends
156 565
174 600
-
-
withholding
7 829
8 730
-
-
total
7 829
8 730
-
-
Income
194 000
194 000
194 000
194 000
Total tax
32 612
28 130
30 232
38 099
After tax
161 388
165 870
163 768
155 901
Living cost
12 651
12 651
12 651
12 651
Free-cash
148 737
153 219
151 117
143 250

Estimated living cost  is ₽12651 per week

₽7386
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽903
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽335
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4027
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69370
₽42170
₽51382
₽44628
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
194 000
health
-
-
-
12 054
income
-
-
-
64 907
pensions
-
-
-
11 453
total
-
-
-
88 414
Employee
90 626
83 474
175 834
-
income

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

13 663
13 663
28 754
-
pensions
11 453
11 453
11 453
-
health
11 306
10 898
12 054
-
total
36 422
36 014
52 261
-
Employer
90 626
83 474
175 834
-
unemployment
3 263
3 005
3 734
-
health
6 298
5 802
7 210
-
pensions
6 307
5 810
7 221
-
total
15 868
14 617
18 165
-
Corporate
87 506
95 909
-
-
income
17 502
19 182
-
-
total
17 502
19 182
-
-
Dividends
70 005
76 726
-
-
income
14 875
16 305
-
-
withholding
10 501
11 508
-
-
total
25 376
27 813
-
-
Income
194 000
194 000
194 000
194 000
Total tax
95 168
97 626
70 426
88 414
After tax
98 832
96 374
123 574
105 586
Living cost
54 204
54 204
54 204
54 204
Free-cash
44 628
42 170
69 370
51 382

Estimated living cost  is ₽54204 per week

₽39984
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4842
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽621
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8757
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80025
₽109546
₽88192
₽100977
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
194 000
social contributions
-
-
-
34 569
health
-
-
-
26 190
income
-
-
-
19 986
solidarity contribution
-
-
-
1 040
total
-
-
-
81 785
Employee
35 329
-
150 829
-
social contributions
2 296
-
7 695
-
solidarity contribution
-
-
307
-
income
4 239
-
18 416
-
health
4 769
-
20 362
-
total
11 304
-
46 780
-
Employer
35 329
-
150 829
-
health
3 180
-
13 575
-
social contributions
8 832
-
29 597
-
total
12 012
-
43 172
-
Corporate
146 660
194 000
-
-
income
27 865
36 860
-
-
total
27 865
36 860
-
-
Dividends
118 794
157 140
-
-
withholding
17 819
23 571
-
-
total
17 819
23 571
-
-
Income
194 000
194 000
194 000
194 000
Total tax
69 000
60 431
89 952
81 785
After tax
125 000
133 569
104 048
112 215
Living cost
24 023
24 023
24 023
24 023
Free-cash
100 977
109 546
80 025
88 192

Estimated living cost  is ₽24023 per week

₽16687
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1709
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.
₽5155
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42151
₽62260
₽50625
₽57157
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
194 000
social contributions
-
-
-
48 923
national
-
-
-
49 714
regional
-
-
-
2 330
municipal
-
-
-
1 161
total
-
-
-
102 128
Employee
86 874
-
194 000
-
social contributions
29 294
-
64 140
-
municipal
460
-
1 039
-
national
15 053
-
43 356
-
regional
820
-
2 067
-
total
45 627
-
110 602
-
Employer
86 874
-
194 000
-
total
-
-
-
-
Corporate
107 126
194 000
-
-
nationa
25 710
46 560
-
-
municipal
4 177
7 566
-
-
total
29 887
54 126
-
-
Dividends
77 239
139 873
-
-
withholding
20 082
36 367
-
-
total
20 082
36 367
-
-
Income
194 000
194 000
194 000
194 000
Total tax
95 596
90 493
110 602
102 128
After tax
98 404
103 507
83 398
91 872
Living cost
41 247
41 247
41 247
41 247
Free-cash
57 157
62 260
42 151
50 625

Estimated living cost  is ₽41247 per week

₽28752
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2705
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽633
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9156
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63969
₽100455
₽69945
₽97416
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
194 000
other
-
-
-
-
health
-
-
-
9 262
income
-
-
-
57 564
pensions
-
-
-
26 092
surtax
-
-
-
9 344
unemployment
-
-
-
223
total
-
-
-
102 485
Employee
32 325
-
166 539
-
surtax
106
-
8 175
-
income
5 418
-
51 717
-
other
-
-
-
-
pensions
2 155
-
8 702
-
health
825
-
3 326
-
unemployment
2 250
-
9 080
-
total
10 754
-
81 000
-
Employer
32 325
-
166 539
-
other
-
-
-
-
unemployment
1 024
-
4 135
-
health
1 471
-
5 936
-
pensions
4 309
-
17 390
-
total
6 804
-
27 461
-
Corporate
154 871
194 000
-
-
income
40 266
50 441
-
-
total
40 266
50 441
-
-
Dividends
114 605
143 559
-
-
withholding
17 190
21 534
-
-
total
17 190
21 534
-
-
Income
194 000
194 000
194 000
194 000
Total tax
75 014
71 975
108 461
102 485
After tax
118 986
122 025
85 539
91 515
Living cost
21 570
21 570
21 570
21 570
Free-cash
97 416
100 455
63 969
69 945

Estimated living cost  is ₽21570 per week

₽13189
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1990
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽497
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5893
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65241
₽80241
₽82669
₽86631
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
194 000
income
-
-
-
57 949
pensions
-
-
-
9 176
total
-
-
-
67 125
Employee
61 355
-
169 253
-
income
11 050
-
46 330
-
health
891
-
2 361
-
pensions
5 208
-
11 115
-
total
17 149
-
59 806
-
Employer
61 355
-
169 253
-
health
1 166
-
3 215
-
pensions
6 642
-
21 532
-
total
7 808
-
24 747
-
Corporate
124 838
194 000
-
-
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.

23 720
36 861
-
-
total
23 720
36 861
-
-
Dividends
101 118
157 139
-
-
withholding
14 486
32 692
-
-
total
14 486
32 692
-
-
Income
194 000
194 000
194 000
194 000
Total tax
63 163
69 553
84 553
67 125
After tax
130 837
124 447
109 447
126 875
Living cost
44 206
44 206
44 206
44 206
Free-cash
86 631
80 241
65 241
82 669

Estimated living cost  is ₽44206 per week

₽33119
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3313
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7311
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽68419
₽9730
₽77046
₽43523
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
194 000
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.

-
-
-
3 881
health
-
-
-
436
pensions
-
-
-
17 847
city
-
-
-
2 045
national
-
-
-
3 783
regional
-
-
-
9 980
total
-
-
-
37 972
Employee
92 429
-
173 706
-
national
437
-
2 806
-
city
992
-
1 866
-
pensions
7 765
-
14 516
-
health
209
-
392
-
regional
3 027
-
8 636
-
unemployment
-
-
-
-
total
12 430
-
28 216
-
Employer
92 429
-
173 706
-
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.

1 848
-
3 475
-
unemployment
-
-
-
-
health
209
-
392
-
pensions
7 765
-
14 516
-
total
9 822
-
18 383
-
Corporate
90 732
194 000
-
-
regional
19 190
41 032
-
-
national
7 713
16 490
-
-
total
26 903
57 522
-
-
Dividends
63 829
136 478
-
-
withholding
22 340
47 766
-
-
total
22 340
47 766
-
-
Income
194 000
194 000
194 000
194 000
Total tax
71 495
105 288
46 599
37 972
After tax
122 505
88 712
147 401
156 028
Living cost
78 982
78 982
78 982
78 982
Free-cash
43 523
9 730
68 419
77 046

Estimated living cost  is ₽78982 per week

₽51361
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7088
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽970
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19563
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽76723
₽51036
₽51247
₽66884
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
194 000
health

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

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

-
-
-
6 678
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.

-
-
-
62 387
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.

-
-
-
3 432
trade
-
-
-
25 476
total
-
-
-
97 973
Employee

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

58 746
-
194 000
-
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.

380
-
3 432
-
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.

6 908
-
62 387
-
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.

6 678
-
6 678
-
total
13 966
-
72 497
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
135 254
194 000
-
-
chamber of commerce
339
421
-
-
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.

1 117
1 601
-
-
trade
23 197
33 271
-
-
income
20 288
29 099
-
-
total
44 941
64 392
-
-
Dividends
90 314
129 608
-
-
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.

1 221
1 762
-
-
withholding
22 208
32 030
-
-
total
23 429
33 792
-
-
Income
194 000
194 000
194 000
194 000
Total tax
82 336
98 184
72 497
97 973
After tax
111 664
95 816
121 503
96 027
Living cost
44 780
44 780
44 780
44 780
Free-cash
66 884
51 036
76 723
51 247

Estimated living cost  is ₽44780 per week

₽32705
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3582
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽582
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7911
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70695
₽64332
₽74960
₽70108
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
194 000
other
-
-
-
6 014
social contributions
-
-
-
5 528
health
-
-
-
8 884
income
-
-
-
32 656
pensions
-
-
-
32 515
surtax
-
-
-
-
total
-
-
-
85 597
Employee
41 835
-
149 108
-
surtax
-
-
-
-
social contributions
1 193
-
4 248
-
income
2 469
-
29 924
-
pensions
4 730
-
10 798
-
total
8 392
-
44 970
-
Employer
41 835
-
149 108
-
other
1 443
-
6 000
-
unemployment
1 694
-
6 038
-
health
2 929
-
14 305
-
pensions
6 873
-
18 102
-
social contributions
126
-
447
-
total
13 065
-
44 892
-
Corporate
139 100
194 000
-
-
surtax
-
-
-
-
income
38 947
54 319
-
-
total
38 947
54 319
-
-
Dividends
100 153
139 681
-
-
social contributions
17 225
24 028
-
-
surtax
-
-
-
-
withholding
12 820
17 878
-
-
total
30 045
41 906
-
-
Income
194 000
194 000
194 000
194 000
Total tax
90 449
96 225
89 862
85 597
After tax
103 551
97 775
104 138
108 403
Living cost
33 443
33 443
33 443
33 443
Free-cash
70 108
64 332
70 695
74 960

Estimated living cost  is ₽33443 per week

₽21087
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2719
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9069
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74008
₽67645
₽78273
₽73077
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
194 000
other
-
-
-
6 014
social contributions
-
-
-
5 528
health
-
-
-
8 884
income
-
-
-
32 656
pensions
-
-
-
32 515
surtax
-
-
-
-
total
-
-
-
85 597
Employee
37 344
-
149 108
-
surtax
-
-
-
-
social contributions
1 065
-
4 248
-
income
1 925
-
29 924
-
pensions
4 224
-
10 798
-
total
7 214
-
44 970
-
Employer
37 344
-
149 108
-
other
1 289
-
6 000
-
unemployment
1 512
-
6 038
-
health
2 614
-
14 305
-
pensions
6 136
-
18 102
-
social contributions
111
-
447
-
total
11 662
-
44 892
-
Corporate
144 994
194 000
-
-
surtax
-
-
-
-
income
40 598
54 319
-
-
total
40 598
54 319
-
-
Dividends
104 396
139 681
-
-
social contributions
17 956
24 028
-
-
surtax
-
-
-
-
withholding
13 363
17 878
-
-
total
31 319
41 906
-
-
Income
194 000
194 000
194 000
194 000
Total tax
90 793
96 225
89 862
85 597
After tax
103 207
97 775
104 138
108 403
Living cost
30 130
30 130
30 130
30 130
Free-cash
73 077
67 645
74 008
78 273

Estimated living cost  is ₽30130 per week

₽17474
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3061
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.
₽9024
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99219
₽97630
₽103862
₽98140
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
194 000
social contributions
-
-
-
26 771
health
-
-
-
13 541
income
-
-
-
29 099
total
-
-
-
69 411
Employee
33 143
-
194 000
-
social contributions
4 574
-
26 771
-
income
5 528
-
33 742
-
health
2 313
-
13 541
-
total
12 415
-
74 054
-
Employer
33 143
-
194 000
-
total
-
-
-
-
Corporate
160 857
194 000
-
-
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%.

8 043
9 700
-
-
total
8 043
9 700
-
-
Dividends
152 814
184 300
-
-
social contributions
21 087
25 434
-
-
withholding
22 922
27 645
-
-
health
10 666
12 864
-
-
total
54 675
65 943
-
-
Income
194 000
194 000
194 000
194 000
Total tax
75 133
75 643
74 054
69 411
After tax
118 867
118 357
119 946
124 589
Living cost
20 728
20 728
20 728
20 728
Free-cash
98 140
97 630
99 219
103 862

Estimated living cost  is ₽20728 per week

₽13872
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1278
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5099
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16688
₽72687
₽65188
₽71177
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
194 000
health
-
-
-
8 735
income
-
-
-
57 545
chamber of commerce
-
-
-
775
pensions
-
-
-
21 126
surtax
-
-
-
193
unemployment
-
-
-
5 995
total
-
-
-
94 369
Employee
48 851
38 955
157 763
-
income
5 561
2 873
47 436
-
other
488
390
1 143
-
pensions
5 003
3 988
11 694
-
health
1 890
1 508
4 419
-
unemployment
1 465
1 169
3 426
-
total
14 407
9 928
68 118
-
Employer
48 851
38 955
157 763
-
other
2 321
1 849
7 123
-
unemployment
1 465
1 169
3 426
-
health
1 846
1 473
4 317
-
surtax
193
193
193
-
accident
634
506
1 484
-
pensions
6 131
4 890
14 332
-
payroll
1 465
1 169
4 732
-
chamber of commerce
195
156
631
-
total
14 250
11 405
36 238
-
Corporate
130 899
143 641
154 053
-
income

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

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

32 726
35 911
38 513
-
total
32 726
35 911
38 513
-
Dividends
98 174
107 730
-
-
withholding
26 997
29 626
-
-
total
26 997
29 626
-
-
Income
194 000
194 000
194 000
194 000
Total tax
88 380
86 870
142 869
94 369
After tax
105 620
107 130
51 131
99 631
Living cost
34 443
34 443
34 443
34 443
Free-cash
71 177
72 687
16 688
65 188

Estimated living cost  is ₽34443 per week

₽22972
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2938
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽566
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7967
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31441
₽72266
₽48606
₽58151
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
194 000
social contributions
-
-
-
24 370
communal

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

-
-
-
10 178
national
-
-
-
75 205
total
-
-
-
109 753
Employee

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

69 921
-
150 258
-
national
21 496
-
55 698
-
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.

5 244
-
11 269
-
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.

3 285
-
7 064
-
communal

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

3 647
-
7 837
-
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.

608
-
1 308
-
total
34 280
-
83 176
-
Employer

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

69 921
-
150 258
-
unemployment

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

1 020
-
2 194
-
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.

4 300
-
9 242
-
surtax
7 928
-
17 040
-
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.

909
-
1 953
-
pensions

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

6 196
-
13 313
-
total
20 353
-
43 742
-
Corporate
103 726
194 000
-
-
surtax
416
792
-
-
income
20 746
39 565
-
-
total
21 162
40 357
-
-
Dividends
82 565
153 643
-
-
withholding

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

24 413
45 736
-
-
total
24 413
45 736
-
-
Income
194 000
194 000
194 000
194 000
Total tax
100 208
86 093
126 918
109 753
After tax
93 792
107 907
67 082
84 247
Living cost
35 641
35 641
35 641
35 641
Free-cash
58 151
72 266
31 441
48 606

Estimated living cost  is ₽35641 per week

₽22957
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3116
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽558
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9010
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69226
₽93751
₽73326
₽87054
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
194 000
other
-
-
-
91
accident
-
-
-
816
income
-
-
-
58 192
pensions
-
-
-
25 640
unemployment
-
-
-
634
total
-
-
-
85 373
Employee
48 657
-
165 116
-
income
10 266
-
54 836
-
other
48
-
91
-
pensions
2 287
-
4 259
-
unemployment
755
-
1 404
-
total
13 356
-
60 590
-
Employer
48 657
-
165 116
-
other
388
-
725
-
unemployment
2 677
-
4 982
-
accident
963
-
1 794
-
pensions
11 482
-
21 382
-
total
15 510
-
28 883
-
Corporate
129 833
194 000
-
-
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.

19 475
29 099
-
-
total
19 475
29 099
-
-
Dividends
110 358
164 901
-
-
withholding
23 304
35 849
-
-
total
23 304
35 849
-
-
Income
194 000
194 000
194 000
194 000
Total tax
71 645
64 948
89 473
85 373
After tax
122 355
129 052
104 527
108 627
Living cost
35 301
35 301
35 301
35 301
Free-cash
87 054
93 751
69 226
73 326

Estimated living cost  is ₽35301 per week

₽25996
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2504
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and 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 Barcelona model

Close
Luxembourg , Luxembourg
₽48086
₽58718
₽40351
₽45570
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
194 000
health
-
-
-
13 630
accident
-
-
-
1 636
income
-
-
-
34 304
pensions
-
-
-
29 079
communal
-
-
-
12 261
surtax
-
-
-
9 618
total
-
-
-
100 528
Employee
74 025
-
173 289
-
surtax
4 537
-
10 620
-
income
7 150
-
39 889
-
pensions
5 921
-
13 862
-
health
3 294
-
7 713
-
total
20 902
-
72 084
-
Employer
74 025
-
173 289
-
health
2 258
-
5 287
-
accident
666
-
1 560
-
pensions
5 921
-
13 862
-
total
8 845
-
20 709
-
Corporate
111 131
194 000
-
-
surtax
1 167
2 037
-
-
income
16 669
29 099
-
-
communal
7 502
13 094
-
-
total
25 338
44 230
-
-
Dividends
85 793
149 770
-
-
income
27 354
15 465
-
-
withholding
12 870
22 466
-
-
total
40 224
37 931
-
-
Income
194 000
194 000
194 000
194 000
Total tax
95 309
82 161
92 793
100 528
After tax
98 691
111 839
101 207
93 472
Living cost
53 121
53 121
53 121
53 121
Free-cash
45 570
58 718
48 086
40 351

Estimated living cost  is ₽53121 per week

₽39849
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3218
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽562
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9490
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63583
₽100069
₽69559
₽96962
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
194 000
other
-
-
-
-
health
-
-
-
9 262
income
-
-
-
57 564
pensions
-
-
-
26 092
surtax
-
-
-
9 344
unemployment
-
-
-
223
total
-
-
-
102 485
Employee
32 919
-
166 539
-
surtax
117
-
8 175
-
income
5 519
-
51 717
-
other
-
-
-
-
pensions
2 196
-
8 702
-
health
840
-
3 326
-
unemployment
2 291
-
9 080
-
total
10 963
-
81 000
-
Employer
32 919
-
166 539
-
other
-
-
-
-
unemployment
1 044
-
4 135
-
health
1 497
-
5 936
-
pensions
4 389
-
17 390
-
total
6 930
-
27 461
-
Corporate
154 151
194 000
-
-
income
40 079
50 441
-
-
total
40 079
50 441
-
-
Dividends
114 072
143 559
-
-
withholding
17 110
21 534
-
-
total
17 110
21 534
-
-
Income
194 000
194 000
194 000
194 000
Total tax
75 082
71 975
108 461
102 485
After tax
118 918
122 025
85 539
91 515
Living cost
21 956
21 956
21 956
21 956
Free-cash
96 962
100 069
63 583
69 559

Estimated living cost  is ₽21956 per week

₽13256
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1909
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽510
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6283
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56496
₽75639
₽64925
₽73467
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
194 000
social contributions
-
-
-
48 923
national
-
-
-
49 714
regional
-
-
-
2 945
municipal
-
-
-
1 161
total
-
-
-
102 743
Employee
54 223
-
194 000
-
social contributions
18 285
-
64 140
-
municipal
288
-
1 039
-
national
8 590
-
43 356
-
regional
730
-
2 637
-
total
27 893
-
111 172
-
Employer
54 223
-
194 000
-
total
-
-
-
-
Corporate
139 777
194 000
-
-
nationa
33 547
46 560
-
-
municipal
6 947
9 642
-
-
total
40 494
56 202
-
-
Dividends
99 283
137 798
-
-
withholding
25 814
35 827
-
-
total
25 814
35 827
-
-
Income
194 000
194 000
194 000
194 000
Total tax
94 201
92 029
111 172
102 743
After tax
99 799
101 971
82 828
91 257
Living cost
26 332
26 332
26 332
26 332
Free-cash
73 467
75 639
56 496
64 925

Estimated living cost  is ₽26332 per week

₽16376
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2667
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.
₽6837
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74445
₽103966
₽82612
₽93405
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
194 000
social contributions
-
-
-
34 569
health
-
-
-
26 190
income
-
-
-
19 986
solidarity contribution
-
-
-
1 040
total
-
-
-
81 785
Employee
43 534
-
150 829
-
social contributions
2 830
-
7 695
-
solidarity contribution
-
-
307
-
income
5 224
-
18 416
-
health
5 877
-
20 362
-
total
13 931
-
46 780
-
Employer
43 534
-
150 829
-
health
3 918
-
13 575
-
social contributions
10 884
-
29 597
-
total
14 802
-
43 172
-
Corporate
135 664
194 000
-
-
income
25 776
36 860
-
-
total
25 776
36 860
-
-
Dividends
109 888
157 140
-
-
withholding
16 483
23 571
-
-
total
16 483
23 571
-
-
Income
194 000
194 000
194 000
194 000
Total tax
70 992
60 431
89 952
81 785
After tax
123 008
133 569
104 048
112 215
Living cost
29 603
29 603
29 603
29 603
Free-cash
93 405
103 966
74 445
82 612

Estimated living cost  is ₽29603 per week

₽22015
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1640
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5436
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19992
₽76050
₽68638
₽75565
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
194 000
health
-
-
-
8 735
income
-
-
-
57 545
chamber of commerce
-
-
-
775
pensions
-
-
-
21 126
surtax
-
-
-
-
unemployment
-
-
-
5 995
total
-
-
-
94 176
Employee
42 729
38 955
157 941
-
income
3 806
2 873
47 521
-
other
427
390
1 143
-
pensions
4 376
3 988
11 694
-
health
1 653
1 508
4 419
-
unemployment
1 282
1 169
3 426
-
total
11 544
9 928
68 203
-
Employer
42 729
38 955
157 941
-
other
2 029
1 849
7 131
-
unemployment
1 282
1 169
3 426
-
health
1 616
1 473
4 317
-
surtax
-
-
-
-
accident
555
506
1 484
-
pensions
5 363
4 890
14 332
-
payroll
1 282
1 169
4 738
-
chamber of commerce
171
156
633
-
total
12 298
11 212
36 061
-
Corporate
138 974
143 834
154 231
-
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.

34 744
35 959
38 558
-
total
34 744
35 959
38 558
-
Dividends
104 230
107 875
-
-
withholding
28 663
29 665
-
-
total
28 663
29 665
-
-
Income
194 000
194 000
194 000
194 000
Total tax
87 249
86 764
142 822
94 176
After tax
106 751
107 236
51 178
99 824
Living cost
31 186
31 186
31 186
31 186
Free-cash
75 565
76 050
19 992
68 638

Estimated living cost  is ₽31186 per week

₽18707
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3185
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8737
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽142703
₽171803
₽179563
₽169459
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
194 000
microenterprise

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

-
-
-
1 940
total
-
-
-
1 940
Employee
15 622
-
194 000
-
income
3 125
-
38 800
-
total
3 125
-
38 800
-
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%.

178 378
194 000
-
-
total
-
-
-
-
Dividends
178 378
194 000
-
-
withholding
8 919
9 700
-
-
total
8 919
9 700
-
-
Income
194 000
194 000
194 000
194 000
Total tax
12 044
9 700
38 800
1 940
After tax
181 956
184 300
155 200
192 060
Living cost
12 497
12 497
12 497
12 497
Free-cash
169 459
171 803
142 703
179 563

Estimated living cost  is ₽12497 per week

₽8457
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽525
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽419
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3096
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62287
₽107350
₽66582
₽99174
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
194 000
health
-
-
-
19 090
income
-
-
-
46 388
pensions
-
-
-
35 430
unemployment
-
-
-
291
total
-
-
-
101 199
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.

43 225
-
167 865
-
income
7 454
-
42 261
-
pensions
6 700
-
26 020
-
health
2 792
-
10 842
-
unemployment
61
-
236
-
total
17 007
-
79 359
-
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.

43 225
-
167 865
-
unemployment
26
-
100
-
health
2 879
-
11 178
-
pensions
3 825
-
14 857
-
total
6 730
-
26 135
-
Corporate
144 045
194 000
-
-
income
27 368
36 860
-
-
total
27 368
36 860
-
-
Dividends
116 677
157 140
-
-
withholding
17 502
23 571
-
-
total
17 502
23 571
-
-
Income
194 000
194 000
194 000
194 000
Total tax
68 607
60 431
105 494
101 199
After tax
125 393
133 569
88 506
92 801
Living cost
26 219
26 219
26 219
26 219
Free-cash
99 174
107 350
62 287
66 582

Estimated living cost  is ₽26219 per week

₽17993
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1681
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6038
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽135729
₽73374
₽89413
₽24146
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
194 000
social contributions
-
-
-
22 116
income
-
-
-
37 815
total
-
-
-
59 931
Employee
64 030
-
-
-
social contributions
5 250
-
748
-
income
14 124
-
-
-
total
19 374
-
748
-
Employer
64 030
-
-
-
social contributions
90 282
-
12 867
-
total
90 282
-
12 867
-
Corporate
39 689
194 000
-
-
income
8 731
42 680
-
-
total
8 731
42 680
-
-
Dividends
30 957
151 320
-
-
income
6 811
33 290
-
-
total
6 811
33 290
-
-
Income
194 000
194 000
194 000
194 000
Total tax
125 198
75 970
13 615
59 931
After tax
68 802
118 030
180 385
134 069
Living cost
44 656
44 656
44 656
44 656
Free-cash
24 146
73 374
135 729
89 413

Estimated living cost  is ₽44656 per week

₽28974
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4200
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10912
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57128
₽79687
₽71835
₽78703
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
194 000
social contributions

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

-
-
-
67 416
income
-
-
-
24 088
surtax
-
-
-
-
total
-
-
-
91 504
Employee
44 957
-
156 767
-
surtax
-
-
-
-
social contributions
4 945
-
17 244
-
income
9 351
-
51 736
-
total
14 296
-
68 980
-
Employer
44 957
-
156 767
-
social contributions
10 677
-
37 231
-
total
10 677
-
37 231
-
Corporate
138 366
194 000
-
-
surtax
-
-
-
-
income
29 056
40 739
-
-
total
29 056
40 739
-
-
Dividends
109 309
153 261
-
-
withholding
30 607
42 913
-
-
total
30 607
42 913
-
-
Income
194 000
194 000
194 000
194 000
Total tax
84 636
83 652
106 211
91 504
After tax
109 364
110 348
87 789
102 496
Living cost
30 661
30 661
30 661
30 661
Free-cash
78 703
79 687
57 128
71 835

Estimated living cost  is ₽30661 per week

₽22941
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1809
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5400
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56926
₽50563
₽61191
₽57279
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
194 000
other
-
-
-
6 014
social contributions
-
-
-
5 528
health
-
-
-
8 884
income
-
-
-
32 656
pensions
-
-
-
32 515
surtax
-
-
-
-
total
-
-
-
85 597
Employee
61 222
-
149 108
-
surtax
-
-
-
-
social contributions
1 744
-
4 248
-
income
5 342
-
29 924
-
pensions
6 925
-
10 798
-
total
14 011
-
44 970
-
Employer
61 222
-
149 108
-
other
2 113
-
6 000
-
unemployment
2 480
-
6 038
-
health
4 285
-
14 305
-
pensions
10 060
-
18 102
-
social contributions
184
-
447
-
total
19 122
-
44 892
-
Corporate
113 656
194 000
-
-
surtax
-
-
-
-
income
31 824
54 319
-
-
total
31 824
54 319
-
-
Dividends
81 832
139 681
-
-
social contributions
14 077
24 028
-
-
surtax
-
-
-
-
withholding
10 475
17 878
-
-
total
24 552
41 906
-
-
Income
194 000
194 000
194 000
194 000
Total tax
89 509
96 225
89 862
85 597
After tax
104 491
97 775
104 138
108 403
Living cost
47 212
47 212
47 212
47 212
Free-cash
57 279
50 563
56 926
61 191

Estimated living cost  is ₽47212 per week

₽31952
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3862
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽647
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10750
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽117897
₽145218
₽112741
₽141933
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
194 000
income
-
-
-
9 197
social contributions
-
-
-
42 679
total
-
-
-
51 876
Employee
31 425
-
167 965
-
income
-
-
9 768
-
social contributions
2 042
-
10 917
-
total
2 042
-
20 685
-
Employer
31 425
-
167 965
-
social contributions
4 871
-
26 035
-
total
4 871
-
26 035
-
Corporate
157 703
194 000
-
-
income
15 771
19 399
-
-
total
15 771
19 399
-
-
Dividends
141 932
174 601
-
-
total
-
-
-
-
Income
194 000
194 000
194 000
194 000
Total tax
22 684
19 399
46 720
51 876
After tax
171 316
174 601
147 280
142 124
Living cost
29 383
29 383
29 383
29 383
Free-cash
141 933
145 218
117 897
112 741

Estimated living cost  is ₽29383 per week

₽18999
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2215
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7617
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽17753
-₽17753
₽66294
-₽17753
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
194 000
labour market
-
-
-
15 453
pensions
-
-
-
842
national
-
-
-
23 517
municipal
-
-
-
41 088
total
-
-
-
80 900
Employee
197 557
197 557
197 557
-
labour market
15 782
15 782
15 782
-
municipal
42 069
42 069
42 069
-
national
24 135
24 135
24 135
-
pensions
281
281
281
-
total
82 267
82 267
82 267
-
Employer
197 557
197 557
197 557
-
national
24 177
24 177
24 177
-
labour market
15 805
15 805
15 805
-
pensions
562
562
562
-
municipal
42 136
42 136
42 136
-
total
82 680
82 680
82 680
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
194 000
194 000
194 000
194 000
Total tax
164 947
164 947
164 947
80 900
After tax
29 053
29 053
29 053
113 100
Living cost
46 806
46 806
46 806
46 806
Free-cash
-17 753
-17 753
-17 753
66 294

Estimated living cost  is ₽46806 per week

₽32035
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4140
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽720
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9911
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84895
-₽5521
₽111307
₽12455
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
194 000
other
-
-
-
363
health
-
-
-
2 137
accident
-
-
-
247
income
-
-
-
54 635
pensions
-
-
-
4 076
total
-
-
-
61 458
Employee
33 404
-
175 957
-
income
4 583
-
42 206
-
pensions
3 762
-
7 474
-
health
3 825
-
20 147
-
total
12 170
-
69 827
-
Employer
33 404
-
175 957
-
unemployment
819
-
4 311
-
accident
558
-
2 939
-
pensions
5 431
-
10 793
-
total
6 808
-
18 043
-
Corporate
153 788
194 000
-
-
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.

138 410
174 600
-
-
total
138 410
174 600
-
-
Dividends
15 379
19 400
-
-
withholding
2 922
3 686
-
-
total
2 922
3 686
-
-
Income
194 000
194 000
194 000
194 000
Total tax
160 310
178 286
87 870
61 458
After tax
33 690
15 714
106 130
132 542
Living cost
21 235
21 235
21 235
21 235
Free-cash
12 455
-5 521
84 895
111 307

Estimated living cost  is ₽21235 per week

₽15457
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1211
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.
₽4169
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62207
₽82678
₽84429
₽85661
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
194 000
health
-
-
-
2 580
national
-
-
-
35 006
municipal
-
-
-
34 456
total
-
-
-
72 042
Employee
51 428
-
163 204
-
municipal
8 423
-
26 574
-
national
850
-
21 323
-
pensions
3 471
-
11 017
-
health
384
-
2 105
-
unemployment
772
-
2 449
-
total
13 900
-
63 468
-
Employer
51 428
-
163 204
-
unemployment
334
-
1 061
-
health
395
-
1 256
-
accident
52
-
163
-
pensions
8 922
-
28 316
-
total
9 703
-
30 796
-
Corporate
132 869
194 000
-
-
income
26 574
38 801
-
-
total
26 574
38 801
-
-
Dividends

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

79 721
116 400
-
-
national
6 283
14 040
-
-
municipal
14 350
20 952
-
-
total
20 633
34 992
-
-
Income
194 000
194 000
194 000
194 000
Total tax
70 810
73 793
94 264
72 042
After tax
123 190
120 207
99 736
121 958
Living cost
37 529
37 529
37 529
37 529
Free-cash
85 661
82 678
62 207
84 429

Estimated living cost  is ₽37529 per week

₽24514
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3610
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽597
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8809
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽107228
₽118823
₽108873
₽113502
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
194 000
social contributions
-
-
-
15 816
health
-
-
-
4 947
income
-
-
-
41 732
total
-
-
-
62 495
Employee
75 165
75 165
182 215
-
social contributions
2 842
6 238
8 414
-
income
8 184
6 958
40 843
-
health
582
1 278
3 098
-
total
11 608
14 474
52 355
-
Employer
75 165
75 165
182 215
-
health
633
1 391
3 371
-
social contributions
2 842
6 238
8 414
-
total
3 475
7 629
11 785
-
Corporate
156 285
111 206
-
-
income
19 535
13 901
-
-
total
19 535
13 901
-
-
Dividends
136 751
97 304
-
-
withholding
23 248
16 541
-
-
total
23 248
16 541
-
-
Income
194 000
194 000
194 000
194 000
Total tax
57 866
52 545
64 140
62 495
After tax
136 134
141 455
129 860
131 505
Living cost
22 632
22 632
22 632
22 632
Free-cash
113 502
118 823
107 228
108 873

Estimated living cost  is ₽22632 per week

₽13564
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2220
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽501
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6348
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽129173
₽145133
₽148778
₽140158
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
194 000
health
-
-
-
3 537
income
-
-
-
19 919
pensions
-
-
-
6 218
unemployment
-
-
-
28
total
-
-
-
29 702
Employee

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

22 437
-
184 447
-
income
1 534
-
17 494
-
pensions
3 365
-
13 912
-
health
1 907
-
7 884
-
unemployment
111
-
464
-
total
6 917
-
39 754
-
Employer

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

22 437
-
184 447
-
unemployment
111
-
464
-
health
965
-
3 988
-
pensions
1 234
-
5 101
-
total
2 310
-
9 553
-
Corporate
169 254
194 000
-
-
income
15 233
17 459
-
-
total
15 233
17 459
-
-
Dividends
154 021
176 541
-
-
withholding
13 862
15 888
-
-
total
13 862
15 888
-
-
Income
194 000
194 000
194 000
194 000
Total tax
38 322
33 347
49 307
29 702
After tax
155 678
160 653
144 693
164 298
Living cost
15 520
15 520
15 520
15 520
Free-cash
140 158
145 133
129 173
148 778

Estimated living cost  is ₽15520 per week

₽9902
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1119
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4036
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77647
₽102172
₽81747
₽97855
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
194 000
other
-
-
-
91
accident
-
-
-
816
income
-
-
-
58 192
pensions
-
-
-
25 640
unemployment
-
-
-
634
total
-
-
-
85 373
Employee
36 144
-
165 116
-
income
6 968
-
54 836
-
other
35
-
91
-
pensions
1 699
-
4 259
-
unemployment
560
-
1 404
-
total
9 262
-
60 590
-
Employer
36 144
-
165 116
-
other
289
-
725
-
unemployment
1 989
-
4 982
-
accident
716
-
1 794
-
pensions
8 529
-
21 382
-
total
11 523
-
28 883
-
Corporate
146 333
194 000
-
-
income

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

21 950
29 099
-
-
total
21 950
29 099
-
-
Dividends
124 383
164 901
-
-
withholding
26 530
35 849
-
-
total
26 530
35 849
-
-
Income
194 000
194 000
194 000
194 000
Total tax
69 265
64 948
89 473
85 373
After tax
124 735
129 052
104 527
108 627
Living cost
26 880
26 880
26 880
26 880
Free-cash
97 855
102 172
77 647
81 747

Estimated living cost  is ₽26880 per week

₽18144
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2584
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5682
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽123098
₽119245
₽123225
₽118947
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
194 000
health
-
-
-
958
income
-
-
-
66 685
pensions
-
-
-
1 321
total
-
-
-
68 964
Employee
2 758
-
192 514
-
income
534
-
66 615
-
pensions
248
-
594
-
health
138
-
330
-
unemployment
28
-
66
-
total
948
-
67 605
-
Employer
2 758
-
192 514
-
unemployment
55
-
132
-
health
262
-
627
-
pensions
303
-
727
-
total
620
-
1 486
-
Corporate
190 621
194 000
-
-
income
41 937
42 680
-
-
total
41 937
42 680
-
-
Dividends
148 684
151 320
-
-
withholding
29 737
30 264
-
-
total
29 737
30 264
-
-
Income
194 000
194 000
194 000
194 000
Total tax
73 242
72 944
69 091
68 964
After tax
120 758
121 056
124 909
125 036
Living cost
1 811
1 811
1 811
1 811
Free-cash
118 947
119 245
123 098
123 225

Estimated living cost  is ₽1811 per week

₽1076
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽147
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽41
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽547
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽105463
₽123299
₽105464
₽118500
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
194 000
health
-
-
-
7 424
income
-
-
-
44 426
pensions
-
-
-
18 739
unemployment
-
-
-
1 081
total
-
-
-
71 670
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.

25 432
-
181 099
-
income
3 506
-
44 426
-
pensions
3 560
-
10 090
-
health
1 310
-
3 712
-
unemployment
191
-
541
-
total
8 567
-
58 769
-
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.

25 432
-
181 099
-
unemployment
191
-
541
-
health
1 310
-
3 712
-
pensions
3 052
-
8 649
-
total
4 553
-
12 902
-
Corporate
164 015
194 000
-
-
income
24 602
29 100
-
-
total
24 602
29 100
-
-
Dividends
139 413
164 900
-
-
withholding
20 912
24 735
-
-
total
20 912
24 735
-
-
Income
194 000
194 000
194 000
194 000
Total tax
58 634
53 835
71 671
71 670
After tax
135 366
140 165
122 329
122 330
Living cost
16 866
16 866
16 866
16 866
Free-cash
118 500
123 299
105 463
105 464

Estimated living cost  is ₽16866 per week

₽11356
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1305
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3717
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61436
₽83995
₽76143
₽83641
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
194 000
social contributions

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

-
-
-
67 416
income
-
-
-
24 088
surtax
-
-
-
-
total
-
-
-
91 504
Employee
37 939
-
156 767
-
surtax
-
-
-
-
social contributions
4 174
-
17 244
-
income
7 413
-
51 736
-
total
11 587
-
68 980
-
Employer
37 939
-
156 767
-
social contributions
9 010
-
37 231
-
total
9 010
-
37 231
-
Corporate
147 052
194 000
-
-
surtax
-
-
-
-
income
30 882
40 739
-
-
total
30 882
40 739
-
-
Dividends
116 170
153 261
-
-
withholding
32 527
42 913
-
-
total
32 527
42 913
-
-
Income
194 000
194 000
194 000
194 000
Total tax
84 006
83 652
106 211
91 504
After tax
109 994
110 348
87 789
102 496
Living cost
26 353
26 353
26 353
26 353
Free-cash
83 641
83 995
61 436
76 143

Estimated living cost  is ₽26353 per week

₽18665
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1831
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.
₽5391
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70173
₽94698
₽74273
₽88301
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
194 000
other
-
-
-
91
accident
-
-
-
816
income
-
-
-
58 192
pensions
-
-
-
25 640
unemployment
-
-
-
634
total
-
-
-
85 373
Employee
47 209
-
165 116
-
income
9 860
-
54 836
-
other
46
-
91
-
pensions
2 219
-
4 259
-
unemployment
731
-
1 404
-
total
12 856
-
60 590
-
Employer
47 209
-
165 116
-
other
378
-
725
-
unemployment
2 597
-
4 982
-
accident
935
-
1 794
-
pensions
11 141
-
21 382
-
total
15 051
-
28 883
-
Corporate
131 740
194 000
-
-
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.

19 761
29 099
-
-
total
19 761
29 099
-
-
Dividends
111 979
164 901
-
-
withholding
23 677
35 849
-
-
total
23 677
35 849
-
-
Income
194 000
194 000
194 000
194 000
Total tax
71 345
64 948
89 473
85 373
After tax
122 655
129 052
104 527
108 627
Living cost
34 354
34 354
34 354
34 354
Free-cash
88 301
94 698
70 173
74 273

Estimated living cost  is ₽34354 per week

₽24671
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2671
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6528
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽147169
₽149271
₽139302
₽143389
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
194 000
health
-
-
-
3 876
income
-
-
-
29 100
pensions

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

-
-
-
4 988
unemployment
-
-
-
135
total
-
-
-
38 099
Employee
21 979
-
187 387
-
income
2 198
-
18 739
-
accident

We are using the highest rate at 1.1%.

242
-
371
-
pensions

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

1 930
-
2 959
-
health
1 011
-
1 550
-
total
5 381
-
23 619
-
Employer
21 979
-
187 387
-
unemployment
132
-
202
-
health
1 517
-
2 326
-
accident

We are using the highest rate at 1.1%.

242
-
371
-
pensions

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

2 422
-
3 714
-
total
4 313
-
6 613
-
Corporate
167 709
194 000
-
-
income
16 771
19 400
-
-
total
16 771
19 400
-
-
Dividends
150 938
174 600
-
-
withholding
7 547
8 730
-
-
total
7 547
8 730
-
-
Income
194 000
194 000
194 000
194 000
Total tax
34 012
28 130
30 232
38 099
After tax
159 988
165 870
163 768
155 901
Living cost
16 599
16 599
16 599
16 599
Free-cash
143 389
149 271
147 169
139 302

Estimated living cost  is ₽16599 per week

₽10978
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽950
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽396
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4275
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83765
₽62068
₽62448
₽74855
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
194 000
health

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

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

-
-
-
6 678
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.

-
-
-
62 387
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.

-
-
-
3 432
trade
-
-
-
21 317
total
-
-
-
93 814
Employee

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

48 636
-
194 000
-
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.

221
-
3 432
-
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.

3 999
-
62 387
-
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.

6 678
-
6 678
-
total
10 898
-
72 497
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
145 364
194 000
-
-
chamber of commerce
362
432
-
-
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.

1 200
1 601
-
-
trade
20 859
27 840
-
-
income
21 805
29 099
-
-
total
44 226
58 972
-
-
Dividends
101 137
135 028
-
-
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.

1 371
1 836
-
-
withholding
24 912
33 386
-
-
total
26 283
35 222
-
-
Income
194 000
194 000
194 000
194 000
Total tax
81 407
94 194
72 497
93 814
After tax
112 593
99 806
121 503
100 186
Living cost
37 738
37 738
37 738
37 738
Free-cash
74 855
62 068
83 765
62 448

Estimated living cost  is ₽37738 per week

₽26033
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4061
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7097
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44003
₽80118
₽44003
₽82277
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
194 000
income
-
-
-
61 443
social contributions
-
-
-
32 872
total
-
-
-
94 315
Employee
76 462
-
194 000
-
income
14 428
-
61 443
-
social contributions
6 352
-
32 872
-
total
20 780
-
94 315
-
Employer
76 462
-
194 000
-
total
-
-
-
-
Corporate
117 538
194 000
-
-
income
14 691
24 250
-
-
total
14 691
24 250
-
-
Dividends
102 847
169 750
-
-
withholding
20 570
33 950
-
-
total
20 570
33 950
-
-
Income
194 000
194 000
194 000
194 000
Total tax
56 041
58 200
94 315
94 315
After tax
137 959
135 800
99 685
99 685
Living cost
55 682
55 682
55 682
55 682
Free-cash
82 277
80 118
44 003
44 003

Estimated living cost  is ₽55682 per week

₽42362
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4537
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽532
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8251
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽101125
₽85453
₽123399
₽88867
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
194 000
income
-
-
-
29 099
health

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

-
-
-
6 019
total
-
-
-
35 118
Employee
44 842
-
189 504
-
income
4 866
-
48 400
-
social contributions
4 493
-
4 496
-
total
9 359
-
52 896
-
Employer
44 842
-
189 504
-
social contributions
4 493
-
4 496
-
total
4 493
-
4 496
-
Corporate
144 666
194 000
-
-
income
50 634
67 900
-
-
total
50 634
67 900
-
-
Dividends
94 032
126 100
-
-
social contributions
5 164
5 164
-
-
total
5 164
5 164
-
-
Income
194 000
194 000
194 000
194 000
Total tax
69 650
73 064
57 392
35 118
After tax
124 350
120 936
136 608
158 882
Living cost
35 483
35 483
35 483
35 483
Free-cash
88 867
85 453
101 125
123 399

Estimated living cost  is ₽35483 per week

₽23373
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2797
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽544
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8769
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73509
₽88509
₽90937
₽94239
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
194 000
income
-
-
-
57 949
pensions
-
-
-
9 176
total
-
-
-
67 125
Employee
49 330
-
169 253
-
income
8 983
-
46 330
-
health
644
-
2 361
-
pensions
3 765
-
11 115
-
total
13 392
-
59 806
-
Employer
49 330
-
169 253
-
health
938
-
3 215
-
pensions
4 984
-
21 532
-
total
5 922
-
24 747
-
Corporate
138 748
194 000
-
-
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.

26 362
36 861
-
-
total
26 362
36 861
-
-
Dividends
112 386
157 139
-
-
withholding
18 147
32 692
-
-
total
18 147
32 692
-
-
Income
194 000
194 000
194 000
194 000
Total tax
63 823
69 553
84 553
67 125
After tax
130 177
124 447
109 447
126 875
Living cost
35 938
35 938
35 938
35 938
Free-cash
94 239
88 509
73 509
90 937

Estimated living cost  is ₽35938 per week

₽24653
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3305
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7528
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽82793
-₽7623
₽109205
₽12135
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
194 000
other
-
-
-
363
health
-
-
-
2 137
accident
-
-
-
247
income
-
-
-
54 635
pensions
-
-
-
4 076
total
-
-
-
61 458
Employee
36 710
-
175 957
-
income
5 036
-
42 206
-
pensions
4 134
-
7 474
-
health
4 203
-
20 147
-
total
13 373
-
69 827
-
Employer
36 710
-
175 957
-
unemployment
899
-
4 311
-
accident
613
-
2 939
-
pensions
5 969
-
10 793
-
total
7 481
-
18 043
-
Corporate
149 808
194 000
-
-
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.

134 828
174 600
-
-
total
134 828
174 600
-
-
Dividends
14 981
19 400
-
-
withholding
2 846
3 686
-
-
total
2 846
3 686
-
-
Income
194 000
194 000
194 000
194 000
Total tax
158 528
178 286
87 870
61 458
After tax
35 472
15 714
106 130
132 542
Living cost
23 337
23 337
23 337
23 337
Free-cash
12 135
-7 623
82 793
109 205

Estimated living cost  is ₽23337 per week

₽17127
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1360
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽470
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4380
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽127037
₽135227
₽105575
₽145502
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
194 000
income
-
-
-
32 320
health insurance
-
-
-
11 550
work injury
-
-
-
780
pensions
-
-
-
28 719
unemployment
-
-
-
1 873
total
-
-
-
75 242
Employee

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

21 093
-
194 000
-
income
2 109
-
32 320
-
work injury
105
-
390
-
health insurance
1 561
-
5 775
-
pensions
3 881
-
14 359
-
unemployment
253
-
936
-
total
7 909
-
53 780
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
172 907
194 000
-
-
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%.

1 729
19 400
-
-
total
1 729
19 400
-
-
Dividends
171 178
174 600
-
-
withholding
25 677
26 190
-
-
total
25 677
26 190
-
-
Income
194 000
194 000
194 000
194 000
Total tax
35 315
45 590
53 780
75 242
After tax
158 685
148 410
140 220
118 758
Living cost
13 183
13 183
13 183
13 183
Free-cash
145 502
135 227
127 037
105 575

Estimated living cost  is ₽13183 per week

₽8167
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽958
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽411
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3647
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42386
₽63245
₽50611
₽58796
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
194 000
social contributions
-
-
-
48 923
national
-
-
-
49 714
regional
-
-
-
4 505
municipal
-
-
-
1 306
total
-
-
-
104 448
Employee
82 370
-
194 000
-
social contributions
27 775
-
64 140
-
municipal
492
-
1 169
-
national
13 920
-
43 356
-
regional
1 244
-
4 008
-
total
43 431
-
112 673
-
Employer
82 370
-
194 000
-
total
-
-
-
-
Corporate
111 630
194 000
-
-
nationa
26 792
46 560
-
-
municipal
5 381
9 351
-
-
total
32 173
55 911
-
-
Dividends
79 457
138 089
-
-
withholding
20 659
35 903
-
-
total
20 659
35 903
-
-
Income
194 000
194 000
194 000
194 000
Total tax
96 263
91 814
112 673
104 448
After tax
97 737
102 186
81 327
89 552
Living cost
38 941
38 941
38 941
38 941
Free-cash
58 796
63 245
42 386
50 611

Estimated living cost  is ₽38941 per week

₽27354
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2679
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽588
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8320
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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