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
₽68668
₽68753
₽79365
₽92200
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
23 532
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.

-
-
-
6 552
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.

-
-
-
3 451
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.

-
-
-
62 746
total
-
-
-
96 281
Employee

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

36 684
-
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.

56
-
3 451
-
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.

1 025
-
62 746
-
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.

6 552
-
6 552
-
total
7 633
-
72 749
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
157 316
194 000
-
-
trade
24 777
30 556
-
-
income
23 598
29 100
-
-
chamber of commerce
371
424
-
-
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.

1 298
1 600
-
-
total
50 044
61 680
-
-
Dividends
107 272
132 320
-
-
withholding
26 453
32 716
-
-
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.

1 454
1 800
-
-
total
27 907
34 516
-
-
Income
194 000
194 000
194 000
194 000
Total tax
85 584
96 196
72 749
96 281
After tax
108 416
97 804
121 251
97 719
Living cost
29 051
29 051
29 051
29 051
Free-cash
79 365
68 753
92 200
68 668

Estimated living cost  is ₽29051 per week

₽18274
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3387
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽542
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6847
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61654
₽69757
₽68904
₽62696
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
21 364
pensions
-
-
-
23 280
social contributions
-
-
-
2 086
national
-
-
-
34 317
total
-
-
-
81 047
Employee
79 523
-
167 711
-
municipal
9 822
-
22 115
-
national
15 221
-
35 962
-
pensions
3 181
-
6 708
-
total
28 224
-
64 785
-
Employer
79 523
-
167 711
-
pensions
6 362
-
13 417
-
social contributions
855
-
1 803
-
total
7 217
-
15 220
-
Corporate
102 012
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%.

20 402
38 800
-
-
total
20 402
38 800
-
-
Dividends
81 610
155 200
-
-
withholding
17 954
34 144
-
-
total
17 954
34 144
-
-
Income
194 000
194 000
194 000
194 000
Total tax
73 797
72 944
80 005
81 047
After tax
120 203
121 056
113 995
112 953
Living cost
51 299
51 299
51 299
51 299
Free-cash
68 904
69 757
62 696
61 654

Estimated living cost  is ₽51299 per week

₽34867
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4769
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽768
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10895
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49144
₽135245
₽127379
₽63247
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
49 470
social contributions

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

-
-
-
36 748
income
-
-
-
38 684
microenterprise
-
-
-
-
total
-
-
-
124 902
Employee
28 026
-
149 966
-
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.

3 083
-
12 573
-
surtax
-
-
21 745
-
income
4 989
-
32 449
-
total
8 072
-
66 767
-
Employer
28 026
-
149 966
-
surtax
-
-
16 496
-
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.

6 751
-
27 536
-
total
6 751
-
44 032
-
Corporate
159 223
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%.

31 844
38 801
-
-
total
31 844
38 801
-
-
Dividends

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

127 379
155 199
-
-
total
-
-
-
-
Income
194 000
194 000
194 000
194 000
Total tax
46 667
38 801
110 799
124 902
After tax
147 333
155 199
83 201
69 098
Living cost
19 954
19 954
19 954
19 954
Free-cash
127 379
135 245
63 247
49 144

Estimated living cost  is ₽19954 per week

₽12730
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1900
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4871
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65181
₽56241
₽50366
₽83745
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
11 237
health
-
-
-
11 827
income
-
-
-
65 576
total
-
-
-
88 640
Employee
81 904
81 904
176 176
-
pensions
14 743
11 237
11 237
-
income

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

13 406
13 406
29 187
-
health
12 571
10 693
11 827
-
total
40 720
35 336
52 251
-
Employer
81 904
81 904
176 176
-
pensions
5 701
5 701
7 086
-
unemployment
2 949
2 949
3 664
-
health
5 693
5 693
7 075
-
total
14 343
14 343
17 825
-
Corporate
98 758
97 753
-
-
income
19 752
19 552
-
-
total
19 752
19 552
-
-
Dividends
79 006
78 202
-
-
withholding
11 851
11 731
-
-
income
16 789
16 618
-
-
total
28 640
28 349
-
-
Income
194 000
194 000
194 000
194 000
Total tax
103 455
97 580
70 076
88 640
After tax
90 545
96 420
123 924
105 360
Living cost
40 179
40 179
40 179
40 179
Free-cash
50 366
56 241
83 745
65 181

Estimated living cost  is ₽40179 per week

₽28474
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3622
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽639
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7444
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58854
₽66350
₽65460
₽57893
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
50 358
pensions
-
-
-
9 376
health
-
-
-
5 412
other
-
-
-
10 078
unemployment
-
-
-
87
accident
-
-
-
173
national
-
-
-
20 088
total
-
-
-
95 572
Employee
56 389
-
166 749
-
municipal
16 815
-
49 725
-
national
-
-
19 557
-
total
16 815
-
69 282
-
Employer
56 389
-
166 749
-
pensions
6 096
-
9 376
-
other
6 553
-
10 078
-
unemployment
1 489
-
2 290
-
accident
113
-
173
-
health
3 468
-
5 334
-
total
17 719
-
27 251
-
Corporate
119 893
194 000
-
-
income
26 377
42 680
-
-
total
26 377
42 680
-
-
Dividends
93 516
151 320
-
-
withholding
28 055
45 396
-
-
total
28 055
45 396
-
-
Income
194 000
194 000
194 000
194 000
Total tax
88 966
88 076
96 533
95 572
After tax
105 034
105 924
97 467
98 428
Living cost
39 574
39 574
39 574
39 574
Free-cash
65 460
66 350
57 893
58 854

Estimated living cost  is ₽39574 per week

₽26228
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3883
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽601
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8862
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58996
₽59130
₽72606
₽83573
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
24 577
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.

-
-
-
6 552
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.

-
-
-
3 451
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.

-
-
-
62 746
total
-
-
-
97 326
Employee

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

48 639
-
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.

229
-
3 451
-
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.

4 179
-
62 746
-
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.

6 552
-
6 552
-
total
10 960
-
72 749
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
145 361
194 000
-
-
trade
23 912
31 914
-
-
income
21 805
29 100
-
-
chamber of commerce
353
422
-
-
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.

1 199
1 600
-
-
total
47 269
63 036
-
-
Dividends
98 092
130 965
-
-
withholding
24 158
32 376
-
-
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.

1 329
1 780
-
-
total
25 487
34 156
-
-
Income
194 000
194 000
194 000
194 000
Total tax
83 716
97 192
72 749
97 326
After tax
110 284
96 808
121 251
96 674
Living cost
37 678
37 678
37 678
37 678
Free-cash
72 606
59 130
83 573
58 996

Estimated living cost  is ₽37678 per week

₽25199
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3973
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.
₽7943
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽100236
₽110334
₽106356
₽98596
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 947
social contributions
-
-
-
15 518
income
-
-
-
42 190
total
-
-
-
62 655
Employee
73 751
73 751
182 370
-
social contributions
3 584
6 121
8 256
-
income
7 745
6 827
41 309
-
health
733
1 254
3 100
-
total
12 062
14 202
52 665
-
Employer
73 751
73 751
182 370
-
social contributions
3 584
6 121
8 256
-
health
799
1 365
3 374
-
total
4 383
7 486
11 630
-
Corporate
146 447
112 763
-
-
income
18 307
14 095
-
-
total
18 307
14 095
-
-
Dividends
128 140
98 668
-
-
withholding
21 783
16 774
-
-
total
21 783
16 774
-
-
Income
194 000
194 000
194 000
194 000
Total tax
56 535
52 557
64 295
62 655
After tax
137 465
141 443
129 705
131 345
Living cost
31 109
31 109
31 109
31 109
Free-cash
106 356
110 334
98 596
100 236

Estimated living cost  is ₽31109 per week

₽21266
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2430
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6891
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽116741
₽91278
₽91646
₽94811
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
19 400
health
-
-
-
13 580
unemployment
-
-
-
2 910
income
-
-
-
23 716
total
-
-
-
59 606
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.

25 483
10 142
162 343
-
pensions
2 548
1 014
16 234
-
unemployment
382
152
2 435
-
income
3 115
1 240
19 846
-
health
1 784
710
11 364
-
total
7 829
3 116
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.

25 483
10 142
162 343
-
pensions
4 969
1 978
31 657
-
total
4 969
1 978
31 657
-
Corporate
163 548
181 881
-
-
income
14 719
16 369
-
-
total
14 719
16 369
-
-
Dividends
148 829
165 511
-
-
withholding
28 278
31 447
-
-
social contributions
28 906
32 159
-
-
total
57 184
63 606
-
-
Income
194 000
194 000
194 000
194 000
Total tax
84 701
85 069
81 536
59 606
After tax
109 299
108 931
112 464
134 394
Living cost
17 653
17 653
17 653
17 653
Free-cash
91 646
91 278
94 811
116 741

Estimated living cost  is ₽17653 per week

₽12047
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1444
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽353
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3809
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80818
₽132033
₽126077
₽88653
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
38 801
health
-
-
-
25 219
income
-
-
-
25 996
total
-
-
-
90 016
Employee
27 209
-
144 992
-
pensions
544
-
2 899
-
unemployment
435
-
2 321
-
income
3 063
-
27 955
-
total
4 042
-
33 175
-
Employer
27 209
-
144 992
-
pensions
5 442
-
28 998
-
unemployment
218
-
1 159
-
health
3 536
-
18 849
-
total
9 196
-
49 006
-
Corporate
157 594
194 000
-
-
income
31 519
38 801
-
-
total
31 519
38 801
-
-
Dividends
126 076
155 199
-
-
total
-
-
-
-
Income
194 000
194 000
194 000
194 000
Total tax
44 757
38 801
82 181
90 016
After tax
149 243
155 199
111 819
103 984
Living cost
23 166
23 166
23 166
23 166
Free-cash
126 077
132 033
88 653
80 818

Estimated living cost  is ₽23166 per week

₽15889
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1380
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽466
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5431
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽111036
-₽5791
₽12416
₽84640
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
4 067
health
-
-
-
2 132
other
-
-
-
362
accident
-
-
-
247
income
-
-
-
54 651
total
-
-
-
61 459
Employee
33 829
-
175 980
-
pensions
3 809
-
7 458
-
income
4 641
-
42 229
-
health
3 873
-
20 149
-
total
12 323
-
69 836
-
Employer
33 829
-
175 980
-
pensions
5 501
-
10 769
-
unemployment
829
-
4 311
-
accident
565
-
2 939
-
total
6 895
-
18 019
-
Corporate
153 277
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.

137 949
174 600
-
-
total
137 949
174 600
-
-
Dividends
15 328
19 400
-
-
withholding
2 912
3 686
-
-
total
2 912
3 686
-
-
Income
194 000
194 000
194 000
194 000
Total tax
160 079
178 286
87 855
61 459
After tax
33 921
15 714
106 145
132 541
Living cost
21 505
21 505
21 505
21 505
Free-cash
12 416
-5 791
84 640
111 036

Estimated living cost  is ₽21505 per week

₽15761
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1191
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4104
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽184164
₽176404
₽174924
₽147304
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 869
-
194 000
-
income
1 974
-
38 800
-
total
1 974
-
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%.

184 131
194 000
-
-
total
-
-
-
-
Dividends
184 131
194 000
-
-
withholding
9 206
9 700
-
-
total
9 206
9 700
-
-
Income
194 000
194 000
194 000
194 000
Total tax
11 180
9 700
38 800
1 940
After tax
182 820
184 300
155 200
192 060
Living cost
7 896
7 896
7 896
7 896
Free-cash
174 924
176 404
147 304
184 164

Estimated living cost  is ₽7896 per week

₽4893
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽656
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽217
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2129
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87741
₽116977
₽110497
₽86088
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
35 004
health
-
-
-
6 418
other
-
-
-
6 927
income
-
-
-
32 354
total
-
-
-
80 703
Employee
34 824
-
157 156
-
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.

2 437
-
10 209
-
unemployment
348
-
1 458
-
income
5 995
-
31 803
-
health
488
-
2 042
-
total
9 268
-
45 512
-
Employer
34 824
-
157 156
-
pensions

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

5 921
-
24 795
-
other
1 742
-
7 291
-
unemployment
348
-
1 458
-
accident
278
-
1 258
-
health
488
-
2 042
-
total
8 777
-
36 844
-
Corporate
150 399
194 000
-
-
income
31 584
40 739
-
-
total
31 584
40 739
-
-
Dividends
118 815
153 261
-
-
withholding
8 318
10 728
-
-
total
8 318
10 728
-
-
Income
194 000
194 000
194 000
194 000
Total tax
57 947
51 467
82 356
80 703
After tax
136 053
142 533
111 644
113 297
Living cost
25 556
25 556
25 556
25 556
Free-cash
110 497
116 977
86 088
87 741

Estimated living cost  is ₽25556 per week

₽18057
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1725
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.
₽5362
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63022
₽60503
₽68164
₽45608
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
9 090
income
-
-
-
58 245
total
-
-
-
67 335
Employee
90 045
-
169 226
-
pensions
8 687
-
10 986
-
income
16 232
-
46 637
-
health
1 484
-
2 352
-
total
26 403
-
59 975
-
Employer
90 045
-
169 226
-
pensions
10 632
-
21 559
-
health
1 710
-
3 215
-
total
12 342
-
24 774
-
Corporate
91 613
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.

17 407
36 860
-
-
total
17 407
36 860
-
-
Dividends
74 206
157 140
-
-
withholding
6 041
32 994
-
-
total
6 041
32 994
-
-
Income
194 000
194 000
194 000
194 000
Total tax
62 193
69 854
84 749
67 335
After tax
131 807
124 146
109 251
126 665
Living cost
63 643
63 643
63 643
63 643
Free-cash
68 164
60 503
45 608
63 022

Estimated living cost  is ₽63643 per week

₽47689
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7478
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽518
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7960
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽143399
₽153306
₽148855
₽151278
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions

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

-
-
-
4 954
health
-
-
-
3 849
unemployment
-
-
-
134
income
-
-
-
29 100
total
-
-
-
38 037
Employee
16 637
-
187 433
-
accident

We are using the highest rate at 1.1%.

183
-
368
-
pensions

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

1 461
-
2 939
-
income
1 663
-
18 743
-
health
765
-
1 540
-
total
4 072
-
23 590
-
Employer
16 637
-
187 433
-
pensions

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

1 834
-
3 689
-
unemployment
99
-
201
-
accident

We are using the highest rate at 1.1%.

183
-
368
-
health
1 148
-
2 310
-
total
3 264
-
6 568
-
Corporate
174 098
194 000
-
-
income
17 410
19 400
-
-
total
17 410
19 400
-
-
Dividends
156 688
174 600
-
-
withholding
7 835
8 730
-
-
total
7 835
8 730
-
-
Income
194 000
194 000
194 000
194 000
Total tax
32 581
28 130
30 158
38 037
After tax
161 419
165 870
163 842
155 963
Living cost
12 564
12 564
12 564
12 564
Free-cash
148 855
153 306
151 278
143 399

Estimated living cost  is ₽12564 per week

₽7335
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽897
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽333
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3999
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52176
₽43236
₽45652
₽70740
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
11 237
health
-
-
-
11 827
income
-
-
-
65 576
total
-
-
-
88 640
Employee
88 922
81 904
176 176
-
pensions
11 237
11 237
11 237
-
income

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

13 406
13 406
29 187
-
health
11 094
10 693
11 827
-
total
35 737
35 336
52 251
-
Employer
88 922
81 904
176 176
-
pensions
6 188
5 701
7 086
-
unemployment
3 202
2 949
3 664
-
health
6 179
5 693
7 075
-
total
15 569
14 343
17 825
-
Corporate
89 509
97 753
-
-
income
17 902
19 552
-
-
total
17 902
19 552
-
-
Dividends
71 606
78 202
-
-
withholding
10 740
11 731
-
-
income
15 216
16 618
-
-
total
25 956
28 349
-
-
Income
194 000
194 000
194 000
194 000
Total tax
95 164
97 580
70 076
88 640
After tax
98 836
96 420
123 924
105 360
Living cost
53 184
53 184
53 184
53 184
Free-cash
45 652
43 236
70 740
52 176

Estimated living cost  is ₽53184 per week

₽39232
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4750
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽610
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8593
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88485
₽109711
₽101199
₽80302
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 190
social contributions
-
-
-
34 331
solidarity contribution
-
-
-
1 114
income
-
-
-
20 022
total
-
-
-
81 657
Employee
35 085
-
151 016
-
social contributions
2 281
-
7 642
-
income
4 210
-
18 448
-
solidarity contribution
-
-
379
-
health
4 737
-
20 387
-
total
11 228
-
46 856
-
Employer
35 085
-
151 016
-
social contributions
8 771
-
29 393
-
health
3 158
-
13 591
-
total
11 929
-
42 984
-
Corporate
146 986
194 000
-
-
income
27 927
36 860
-
-
total
27 927
36 860
-
-
Dividends
119 058
157 140
-
-
withholding
17 859
23 571
-
-
total
17 859
23 571
-
-
Income
194 000
194 000
194 000
194 000
Total tax
68 943
60 431
89 840
81 657
After tax
125 057
133 569
104 160
112 343
Living cost
23 858
23 858
23 858
23 858
Free-cash
101 199
109 711
80 302
88 485

Estimated living cost  is ₽23858 per week

₽16572
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1697
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5120
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51659
₽63036
₽58029
₽43422
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
1 169
regional
-
-
-
2 350
social contributions
-
-
-
48 003
national
-
-
-
50 348
total
-
-
-
101 870
Employee
85 240
-
194 000
-
social contributions
28 743
-
62 934
-
municipal
451
-
1 048
-
regional
804
-
2 090
-
national
14 770
-
44 035
-
total
44 768
-
110 107
-
Employer
85 240
-
194 000
-
total
-
-
-
-
Corporate
108 760
194 000
-
-
nationa
26 102
46 560
-
-
municipal
4 241
7 566
-
-
total
30 343
54 126
-
-
Dividends
78 417
139 874
-
-
withholding
20 389
36 367
-
-
total
20 389
36 367
-
-
Income
194 000
194 000
194 000
194 000
Total tax
95 500
90 493
110 107
101 870
After tax
98 500
103 507
83 893
92 130
Living cost
40 471
40 471
40 471
40 471
Free-cash
58 029
63 036
43 422
51 659

Estimated living cost  is ₽40471 per week

₽28212
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2654
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.
₽8984
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70308
₽100862
₽97876
₽64447
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
25 602
health
-
-
-
9 088
surtax
-
-
-
9 497
other
-
-
-
-
unemployment
-
-
-
218
income
-
-
-
58 123
total
-
-
-
102 528
Employee
31 717
-
167 055
-
surtax
104
-
8 349
-
pensions
2 115
-
8 538
-
other
-
-
-
-
unemployment
2 208
-
8 909
-
income
5 317
-
52 386
-
health
810
-
3 263
-
total
10 554
-
81 445
-
Employer
31 717
-
167 055
-
pensions
4 228
-
17 063
-
other
-
-
-
-
unemployment
1 005
-
4 057
-
health
1 443
-
5 824
-
total
6 676
-
26 944
-
Corporate
155 607
194 000
-
-
income
40 457
50 440
-
-
total
40 457
50 440
-
-
Dividends
115 149
143 560
-
-
withholding
17 273
21 534
-
-
total
17 273
21 534
-
-
Income
194 000
194 000
194 000
194 000
Total tax
74 960
71 974
108 389
102 528
After tax
119 040
122 026
85 611
91 472
Living cost
21 164
21 164
21 164
21 164
Free-cash
97 876
100 862
64 447
70 308

Estimated living cost  is ₽21164 per week

₽12941
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1953
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.
₽5782
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83186
₽80667
₽86954
₽65772
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
9 090
income
-
-
-
58 245
total
-
-
-
67 335
Employee
60 346
-
169 226
-
pensions
5 122
-
10 986
-
income
10 869
-
46 637
-
health
876
-
2 352
-
total
16 867
-
59 975
-
Employer
60 346
-
169 226
-
pensions
6 532
-
21 559
-
health
1 146
-
3 215
-
total
7 678
-
24 774
-
Corporate
125 975
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.

23 936
36 860
-
-
total
23 936
36 860
-
-
Dividends
102 040
157 140
-
-
withholding
15 086
32 994
-
-
total
15 086
32 994
-
-
Income
194 000
194 000
194 000
194 000
Total tax
63 567
69 854
84 749
67 335
After tax
130 433
124 146
109 251
126 665
Living cost
43 479
43 479
43 479
43 479
Free-cash
86 954
80 667
65 772
83 186

Estimated living cost  is ₽43479 per week

₽32574
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3259
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7191
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽78946
₽12006
₽44827
₽70597
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
10 138
city
-
-
-
2 045
pensions
-
-
-
17 849
health
-
-
-
437
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.

-
-
-
3 879
national
-
-
-
4 001
total
-
-
-
38 349
Employee
89 765
-
173 864
-
regional
2 939
-
8 822
-
national
425
-
3 035
-
pensions
7 541
-
14 354
-
unemployment
-
-
-
-
city
963
-
1 872
-
health
203
-
392
-
total
12 071
-
28 475
-
Employer
89 765
-
173 864
-
pensions
7 541
-
14 354
-
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.

1 795
-
3 477
-
unemployment
-
-
-
-
health
203
-
392
-
total
9 539
-
18 223
-
Corporate
93 709
194 000
-
-
regional
19 819
41 031
-
-
national
7 965
16 490
-
-
total
27 784
57 521
-
-
Dividends
65 925
136 480
-
-
withholding
23 074
47 768
-
-
total
23 074
47 768
-
-
Income
194 000
194 000
194 000
194 000
Total tax
72 468
105 289
46 698
38 349
After tax
121 532
88 711
147 302
155 651
Living cost
76 705
76 705
76 705
76 705
Free-cash
44 827
12 006
70 597
78 946

Estimated living cost  is ₽76705 per week

₽49880
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6883
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽942
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18999
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽51691
₽51874
₽67426
₽77314
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
25 623
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.

-
-
-
6 552
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.

-
-
-
3 451
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.

-
-
-
62 746
total
-
-
-
98 372
Employee

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

57 641
-
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.

373
-
3 451
-
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.

6 778
-
62 746
-
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.

6 552
-
6 552
-
total
13 703
-
72 749
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
136 359
194 000
-
-
trade
23 386
33 271
-
-
income
20 454
29 100
-
-
chamber of commerce
337
419
-
-
surtax

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

1 125
1 600
-
-
total
45 302
64 390
-
-
Dividends
91 057
129 610
-
-
withholding
22 400
32 037
-
-
surtax

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

1 232
1 762
-
-
total
23 632
33 799
-
-
Income
194 000
194 000
194 000
194 000
Total tax
82 637
98 189
72 749
98 372
After tax
111 363
95 811
121 251
95 628
Living cost
43 937
43 937
43 937
43 937
Free-cash
67 426
51 874
77 314
51 691

Estimated living cost  is ₽43937 per week

₽32090
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3515
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽572
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7763
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75230
₽64961
₽70625
₽70931
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
32 205
health
-
-
-
8 986
surtax
-
-
-
-
other
-
-
-
6 014
social contributions
-
-
-
5 528
income
-
-
-
33 223
total
-
-
-
85 956
Employee
41 049
-
148 929
-
social contributions
1 170
-
4 243
-
surtax
-
-
-
-
pensions
4 641
-
10 859
-
income
2 423
-
30 082
-
total
8 234
-
45 184
-
Employer
41 049
-
148 929
-
pensions
6 743
-
18 192
-
social contributions
124
-
446
-
other
1 416
-
6 025
-
unemployment
1 662
-
6 032
-
health
2 874
-
14 376
-
total
12 819
-
45 071
-
Corporate
140 132
194 000
-
-
income
39 238
54 321
-
-
surtax
-
-
-
-
total
39 238
54 321
-
-
Dividends
100 895
139 679
-
-
withholding
12 915
17 879
-
-
surtax
-
-
-
-
social contributions
17 355
24 025
-
-
total
30 270
41 904
-
-
Income
194 000
194 000
194 000
194 000
Total tax
90 561
96 225
90 255
85 956
After tax
103 439
97 775
103 745
108 044
Living cost
32 814
32 814
32 814
32 814
Free-cash
70 625
64 961
70 931
75 230

Estimated living cost  is ₽32814 per week

₽20691
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2668
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8898
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78481
₽68212
₽73543
₽74182
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
32 205
health
-
-
-
8 986
surtax
-
-
-
-
other
-
-
-
6 014
social contributions
-
-
-
5 528
income
-
-
-
33 223
total
-
-
-
85 956
Employee
36 642
-
148 929
-
social contributions
1 045
-
4 243
-
surtax
-
-
-
-
pensions
4 144
-
10 859
-
income
1 889
-
30 082
-
total
7 078
-
45 184
-
Employer
36 642
-
148 929
-
pensions
6 021
-
18 192
-
social contributions
109
-
446
-
other
1 265
-
6 025
-
unemployment
1 483
-
6 032
-
health
2 565
-
14 376
-
total
11 443
-
45 071
-
Corporate
145 915
194 000
-
-
income
40 856
54 321
-
-
surtax
-
-
-
-
total
40 856
54 321
-
-
Dividends
105 060
139 679
-
-
withholding
13 447
17 879
-
-
surtax
-
-
-
-
social contributions
18 070
24 025
-
-
total
31 517
41 904
-
-
Income
194 000
194 000
194 000
194 000
Total tax
90 894
96 225
90 255
85 956
After tax
103 106
97 775
103 745
108 044
Living cost
29 563
29 563
29 563
29 563
Free-cash
73 543
68 212
74 182
78 481

Estimated living cost  is ₽29563 per week

₽17145
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3003
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8855
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽104248
₽98020
₽98516
₽99511
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
13 542
social contributions
-
-
-
26 772
income
-
-
-
29 100
total
-
-
-
69 414
Employee
32 520
-
194 000
-
social contributions
4 488
-
26 772
-
income
5 424
-
33 837
-
health
2 270
-
13 542
-
total
12 182
-
74 151
-
Employer
32 520
-
194 000
-
total
-
-
-
-
Corporate
161 480
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%.

8 074
9 699
-
-
total
8 074
9 699
-
-
Dividends
153 406
184 301
-
-
withholding
23 012
27 645
-
-
social contributions
21 170
25 434
-
-
health
10 708
12 864
-
-
total
54 890
65 943
-
-
Income
194 000
194 000
194 000
194 000
Total tax
75 146
75 642
74 151
69 414
After tax
118 854
118 358
119 849
124 586
Living cost
20 338
20 338
20 338
20 338
Free-cash
98 516
98 020
99 511
104 248

Estimated living cost  is ₽20338 per week

₽13611
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1254
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5003
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65844
₽73306
₽71821
₽17296
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
20 729
health
-
-
-
8 571
surtax
-
-
-
189
unemployment
-
-
-
5 883
income
-
-
-
58 214
chamber of commerce
-
-
-
775
total
-
-
-
94 361
Employee
47 932
38 222
158 195
-
pensions
4 909
3 913
11 474
-
other
479
382
1 121
-
unemployment
1 438
1 147
3 362
-
income
5 457
2 819
48 174
-
health
1 855
1 480
4 335
-
total
14 138
9 741
68 466
-
Employer
47 932
38 222
158 195
-
payroll
1 438
1 147
4 745
-
chamber of commerce
191
153
633
-
pensions
6 015
4 798
14 062
-
surtax
189
189
189
-
other
2 277
1 815
7 122
-
unemployment
1 438
1 147
3 362
-
accident
622
497
1 456
-
health
1 811
1 445
4 235
-
total
13 981
11 191
35 804
-
Corporate
132 086
144 588
154 555
-
income

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

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

33 022
36 147
38 639
-
total
33 022
36 147
38 639
-
Dividends
99 064
108 441
-
-
withholding
27 243
29 820
-
-
total
27 243
29 820
-
-
Income
194 000
194 000
194 000
194 000
Total tax
88 384
86 899
142 909
94 361
After tax
105 616
107 101
51 091
99 639
Living cost
33 795
33 795
33 795
33 795
Free-cash
71 821
73 306
17 296
65 844

Estimated living cost  is ₽33795 per week

₽22540
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2883
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7817
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49298
₽72706
₽59092
₽31931
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 912
communal

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

-
-
-
10 205
national
-
-
-
75 614
total
-
-
-
109 731
Employee

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

68 606
-
150 259
-
national
21 092
-
55 881
-
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.

5 145
-
11 270
-
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.

597
-
1 307
-
communal

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

3 578
-
7 837
-
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.

3 223
-
7 062
-
total
33 635
-
83 357
-
Employer

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

68 606
-
150 259
-
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.

6 079
-
13 312
-
surtax
7 779
-
17 040
-
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.

1 001
-
2 193
-
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.

892
-
1 955
-
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.

4 219
-
9 241
-
total
19 970
-
43 741
-
Corporate
105 424
194 000
-
-
income
21 084
39 878
-
-
surtax
422
797
-
-
total
21 506
40 675
-
-
Dividends
83 918
153 324
-
-
withholding

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

24 826
45 648
-
-
total
24 826
45 648
-
-
Income
194 000
194 000
194 000
194 000
Total tax
99 937
86 323
127 098
109 731
After tax
94 063
107 677
66 902
84 269
Living cost
34 971
34 971
34 971
34 971
Free-cash
59 092
72 706
31 931
49 298

Estimated living cost  is ₽34971 per week

₽22526
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3058
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8840
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73954
₽94373
₽87806
₽69928
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
25 157
other
-
-
-
89
unemployment
-
-
-
622
accident
-
-
-
801
income
-
-
-
58 739
total
-
-
-
85 408
Employee
47 742
-
165 659
-
pensions
2 244
-
4 179
-
other
47
-
89
-
unemployment
741
-
1 378
-
income
10 073
-
55 447
-
total
13 105
-
61 093
-
Employer
47 742
-
165 659
-
pensions
11 266
-
20 980
-
other
380
-
712
-
unemployment
2 626
-
4 889
-
accident
945
-
1 760
-
total
15 217
-
28 341
-
Corporate
131 040
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.

19 655
29 100
-
-
total
19 655
29 100
-
-
Dividends
111 385
164 900
-
-
withholding
23 579
35 889
-
-
total
23 579
35 889
-
-
Income
194 000
194 000
194 000
194 000
Total tax
71 556
64 989
89 434
85 408
After tax
122 444
129 011
104 566
108 592
Living cost
34 638
34 638
34 638
34 638
Free-cash
87 806
94 373
69 928
73 954

Estimated living cost  is ₽34638 per week

₽25507
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2457
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽499
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6174
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40989
₽59430
₽46461
₽48719
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
29 078
health
-
-
-
13 631
surtax
-
-
-
9 617
accident
-
-
-
1 636
communal
-
-
-
12 260
income
-
-
-
34 667
total
-
-
-
100 889
Employee
72 633
-
173 291
-
surtax
4 452
-
10 620
-
pensions
5 810
-
13 864
-
income
7 016
-
40 253
-
health
3 232
-
7 712
-
total
20 510
-
72 449
-
Employer
72 633
-
173 291
-
pensions
5 810
-
13 864
-
accident
653
-
1 560
-
health
2 215
-
5 286
-
total
8 678
-
20 710
-
Corporate
112 689
194 000
-
-
communal
7 606
13 096
-
-
income
16 903
29 100
-
-
surtax
1 183
2 037
-
-
total
25 692
44 233
-
-
Dividends
86 996
149 768
-
-
withholding
13 050
22 465
-
-
income
27 487
15 750
-
-
total
40 537
38 215
-
-
Income
194 000
194 000
194 000
194 000
Total tax
95 417
82 448
93 159
100 889
After tax
98 583
111 552
100 841
93 111
Living cost
52 122
52 122
52 122
52 122
Free-cash
46 461
59 430
48 719
40 989

Estimated living cost  is ₽52122 per week

₽39099
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3158
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9312
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69929
₽100483
₽97432
₽64068
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
25 602
health
-
-
-
9 088
surtax
-
-
-
9 497
other
-
-
-
-
unemployment
-
-
-
218
income
-
-
-
58 123
total
-
-
-
102 528
Employee
32 300
-
167 055
-
surtax
115
-
8 349
-
pensions
2 155
-
8 538
-
other
-
-
-
-
unemployment
2 248
-
8 909
-
income
5 415
-
52 386
-
health
825
-
3 263
-
total
10 758
-
81 445
-
Employer
32 300
-
167 055
-
pensions
4 306
-
17 063
-
other
-
-
-
-
unemployment
1 025
-
4 057
-
health
1 469
-
5 824
-
total
6 800
-
26 944
-
Corporate
154 901
194 000
-
-
income
40 273
50 440
-
-
total
40 273
50 440
-
-
Dividends
114 627
143 560
-
-
withholding
17 194
21 534
-
-
total
17 194
21 534
-
-
Income
194 000
194 000
194 000
194 000
Total tax
75 025
71 974
108 389
102 528
After tax
118 975
122 026
85 611
91 472
Living cost
21 543
21 543
21 543
21 543
Free-cash
97 432
100 483
64 068
69 929

Estimated living cost  is ₽21543 per week

₽13006
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1873
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.
₽6165
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65680
₽76134
₽74004
₽57487
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
1 169
regional
-
-
-
2 964
social contributions
-
-
-
48 003
national
-
-
-
50 348
total
-
-
-
102 484
Employee
53 203
-
194 000
-
social contributions
17 941
-
62 934
-
municipal
282
-
1 048
-
regional
716
-
2 660
-
national
8 429
-
44 035
-
total
27 368
-
110 677
-
Employer
53 203
-
194 000
-
total
-
-
-
-
Corporate
140 797
194 000
-
-
nationa
33 792
46 560
-
-
municipal
6 998
9 641
-
-
total
40 790
56 201
-
-
Dividends
100 006
137 799
-
-
withholding
26 002
35 829
-
-
total
26 002
35 829
-
-
Income
194 000
194 000
194 000
194 000
Total tax
94 160
92 030
110 677
102 484
After tax
99 840
101 970
83 323
91 516
Living cost
25 836
25 836
25 836
25 836
Free-cash
74 004
76 134
57 487
65 680

Estimated living cost  is ₽25836 per week

₽16068
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2617
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽442
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6709
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82944
₽104170
₽93682
₽74761
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 190
social contributions
-
-
-
34 331
solidarity contribution
-
-
-
1 114
income
-
-
-
20 022
total
-
-
-
81 657
Employee
43 234
-
151 016
-
social contributions
2 810
-
7 642
-
income
5 188
-
18 448
-
solidarity contribution
-
-
379
-
health
5 837
-
20 387
-
total
13 835
-
46 856
-
Employer
43 234
-
151 016
-
social contributions
10 809
-
29 393
-
health
3 891
-
13 591
-
total
14 700
-
42 984
-
Corporate
136 066
194 000
-
-
income
25 852
36 860
-
-
total
25 852
36 860
-
-
Dividends
110 213
157 140
-
-
withholding
16 532
23 571
-
-
total
16 532
23 571
-
-
Income
194 000
194 000
194 000
194 000
Total tax
70 919
60 431
89 840
81 657
After tax
123 081
133 569
104 160
112 343
Living cost
29 399
29 399
29 399
29 399
Free-cash
93 682
104 170
74 761
82 944

Estimated living cost  is ₽29399 per week

₽21863
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1629
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽509
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5399
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69229
₽76603
₽76128
₽20540
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
20 729
health
-
-
-
8 571
surtax
-
-
-
-
unemployment
-
-
-
5 883
income
-
-
-
58 214
chamber of commerce
-
-
-
775
total
-
-
-
94 172
Employee
41 926
38 222
158 372
-
pensions
4 294
3 913
11 474
-
other
419
382
1 121
-
unemployment
1 258
1 147
3 362
-
income
3 735
2 819
48 260
-
health
1 622
1 480
4 335
-
total
11 328
9 741
68 552
-
Employer
41 926
38 222
158 372
-
payroll
1 258
1 147
4 750
-
chamber of commerce
167
153
633
-
pensions
5 262
4 798
14 062
-
surtax
-
-
-
-
other
1 991
1 815
7 128
-
unemployment
1 258
1 147
3 362
-
accident
544
497
1 456
-
health
1 585
1 445
4 235
-
total
12 065
11 002
35 626
-
Corporate
140 009
144 777
154 733
-
income

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

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

35 002
36 194
38 683
-
total
35 002
36 194
38 683
-
Dividends
105 007
108 583
-
-
withholding
28 878
29 861
-
-
total
28 878
29 861
-
-
Income
194 000
194 000
194 000
194 000
Total tax
87 273
86 798
142 861
94 172
After tax
106 727
107 202
51 139
99 828
Living cost
30 599
30 599
30 599
30 599
Free-cash
76 128
76 603
20 540
69 229

Estimated living cost  is ₽30599 per week

₽18356
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3125
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽546
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8573
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

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
₽179756
₽171996
₽169689
₽142896
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 380
-
194 000
-
income
3 076
-
38 800
-
total
3 076
-
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%.

178 620
194 000
-
-
total
-
-
-
-
Dividends
178 620
194 000
-
-
withholding
8 931
9 700
-
-
total
8 931
9 700
-
-
Income
194 000
194 000
194 000
194 000
Total tax
12 007
9 700
38 800
1 940
After tax
181 993
184 300
155 200
192 060
Living cost
12 304
12 304
12 304
12 304
Free-cash
169 689
171 996
142 896
179 756

Estimated living cost  is ₽12304 per week

₽8326
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽516
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽413
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3048
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66639
₽107843
₽99822
₽62427
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
35 430
health
-
-
-
19 089
unemployment
-
-
-
291
income
-
-
-
46 825
total
-
-
-
101 635
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.

42 412
-
167 865
-
pensions
6 574
-
26 018
-
unemployment
60
-
235
-
income
7 314
-
42 615
-
health
2 739
-
10 844
-
total
16 687
-
79 712
-
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.

42 412
-
167 865
-
pensions
3 753
-
14 856
-
unemployment
25
-
100
-
health
2 825
-
11 179
-
total
6 603
-
26 135
-
Corporate
144 984
194 000
-
-
income
27 547
36 861
-
-
total
27 547
36 861
-
-
Dividends
117 437
157 139
-
-
withholding
17 615
23 570
-
-
total
17 615
23 570
-
-
Income
194 000
194 000
194 000
194 000
Total tax
68 452
60 431
105 847
101 635
After tax
125 548
133 569
88 153
92 365
Living cost
25 726
25 726
25 726
25 726
Free-cash
99 822
107 843
62 427
66 639

Estimated living cost  is ₽25726 per week

₽17655
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1649
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽499
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5924
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92189
₽76149
₽29980
₽139350
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
37 814
total
-
-
-
59 930
Employee
60 051
-
-
-
social contributions
4 924
-
702
-
income
13 246
-
-
-
total
18 170
-
702
-
Employer
60 051
-
-
-
social contributions
84 672
-
12 067
-
total
84 672
-
12 067
-
Corporate
49 277
194 000
-
-
income
10 841
42 680
-
-
total
10 841
42 680
-
-
Dividends
38 436
151 320
-
-
income
8 456
33 290
-
-
total
8 456
33 290
-
-
Income
194 000
194 000
194 000
194 000
Total tax
122 139
75 970
12 769
59 930
After tax
71 861
118 030
181 231
134 070
Living cost
41 881
41 881
41 881
41 881
Free-cash
29 980
76 149
139 350
92 189

Estimated living cost  is ₽41881 per week

₽27174
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3939
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽534
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10234
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72204
₽80265
₽79299
₽57495
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
-
social contributions

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

-
-
-
67 415
income
-
-
-
24 297
total
-
-
-
91 712
Employee
44 112
-
156 768
-
social contributions
4 852
-
17 244
-
surtax
-
-
-
-
income
9 175
-
51 945
-
total
14 027
-
69 189
-
Employer
44 112
-
156 768
-
social contributions
10 476
-
37 232
-
total
10 476
-
37 232
-
Corporate
139 412
194 000
-
-
income
29 276
40 739
-
-
surtax
-
-
-
-
total
29 276
40 739
-
-
Dividends
110 135
153 261
-
-
withholding
30 838
42 912
-
-
total
30 838
42 912
-
-
Income
194 000
194 000
194 000
194 000
Total tax
84 617
83 651
106 421
91 712
After tax
109 383
110 349
87 579
102 288
Living cost
30 084
30 084
30 084
30 084
Free-cash
79 299
80 265
57 495
72 204

Estimated living cost  is ₽30084 per week

₽22509
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1775
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽502
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5298
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61720
₽51451
₽58048
₽57421
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
32 205
health
-
-
-
8 986
surtax
-
-
-
-
other
-
-
-
6 014
social contributions
-
-
-
5 528
income
-
-
-
33 223
total
-
-
-
85 956
Employee
60 071
-
148 929
-
social contributions
1 711
-
4 243
-
surtax
-
-
-
-
pensions
6 794
-
10 859
-
income
5 241
-
30 082
-
total
13 746
-
45 184
-
Employer
60 071
-
148 929
-
pensions
9 870
-
18 192
-
social contributions
180
-
446
-
other
2 073
-
6 025
-
unemployment
2 433
-
6 032
-
health
4 204
-
14 376
-
total
18 760
-
45 071
-
Corporate
115 167
194 000
-
-
income
32 247
54 321
-
-
surtax
-
-
-
-
total
32 247
54 321
-
-
Dividends
82 921
139 679
-
-
withholding
10 613
17 879
-
-
surtax
-
-
-
-
social contributions
14 262
24 025
-
-
total
24 875
41 904
-
-
Income
194 000
194 000
194 000
194 000
Total tax
89 628
96 225
90 255
85 956
After tax
104 372
97 775
103 745
108 044
Living cost
46 324
46 324
46 324
46 324
Free-cash
58 048
51 451
57 421
61 720

Estimated living cost  is ₽46324 per week

₽31351
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3789
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽635
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10547
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽113180
₽145769
₽142546
₽118336
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
42 681
income
-
-
-
9 308
total
-
-
-
51 989
Employee
30 834
-
167 965
-
social contributions
2 004
-
10 919
-
income
-
-
9 879
-
total
2 004
-
20 798
-
Employer
30 834
-
167 965
-
social contributions
4 780
-
26 035
-
total
4 780
-
26 035
-
Corporate
158 386
194 000
-
-
income
15 839
19 400
-
-
total
15 839
19 400
-
-
Dividends
142 547
174 600
-
-
total
-
-
-
-
Income
194 000
194 000
194 000
194 000
Total tax
22 623
19 400
46 833
51 989
After tax
171 377
174 600
147 167
142 011
Living cost
28 831
28 831
28 831
28 831
Free-cash
142 546
145 769
118 336
113 180

Estimated living cost  is ₽28831 per week

₽18641
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2173
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽542
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7473
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66817
-₽14750
-₽14750
-₽14750
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
41 160
pensions
-
-
-
830
labour market
-
-
-
15 454
national
-
-
-
23 596
total
-
-
-
81 040
Employee
194 757
194 757
194 757
-
municipal
41 472
41 472
41 472
-
national
23 793
23 793
23 793
-
pensions
277
277
277
-
labour market
15 558
15 558
15 558
-
total
81 100
81 100
81 100
-
Employer
194 757
194 757
194 757
-
labour market
15 581
15 581
15 581
-
pensions
554
554
554
-
municipal
41 538
41 538
41 538
-
national
23 834
23 834
23 834
-
total
81 507
81 507
81 507
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
194 000
194 000
194 000
194 000
Total tax
162 607
162 607
162 607
81 040
After tax
31 393
31 393
31 393
112 960
Living cost
46 143
46 143
46 143
46 143
Free-cash
-14 750
-14 750
-14 750
66 817

Estimated living cost  is ₽46143 per week

₽31580
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4082
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽710
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9770
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽111353
-₽5474
₽12463
₽84957
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
4 067
health
-
-
-
2 132
other
-
-
-
362
accident
-
-
-
247
income
-
-
-
54 651
total
-
-
-
61 459
Employee
33 330
-
175 980
-
pensions
3 753
-
7 458
-
income
4 572
-
42 229
-
health
3 817
-
20 149
-
total
12 142
-
69 836
-
Employer
33 330
-
175 980
-
pensions
5 419
-
10 769
-
unemployment
817
-
4 311
-
accident
557
-
2 939
-
total
6 793
-
18 019
-
Corporate
153 877
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.

138 490
174 600
-
-
total
138 490
174 600
-
-
Dividends
15 388
19 400
-
-
withholding
2 924
3 686
-
-
total
2 924
3 686
-
-
Income
194 000
194 000
194 000
194 000
Total tax
160 349
178 286
87 855
61 459
After tax
33 651
15 714
106 145
132 541
Living cost
21 188
21 188
21 188
21 188
Free-cash
12 463
-5 474
84 957
111 353

Estimated living cost  is ₽21188 per week

₽15422
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1208
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.
₽4160
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84664
₽83185
₽86149
₽62443
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
34 454
health
-
-
-
2 588
national
-
-
-
35 471
total
-
-
-
72 513
Employee
50 461
-
163 204
-
municipal
8 265
-
26 573
-
national
834
-
21 787
-
pensions
3 405
-
11 017
-
unemployment
757
-
2 448
-
health
377
-
2 113
-
total
13 638
-
63 938
-
Employer
50 461
-
163 204
-
pensions
8 755
-
28 315
-
unemployment
328
-
1 061
-
accident
51
-
164
-
health
388
-
1 256
-
total
9 522
-
30 796
-
Corporate
134 018
194 000
-
-
income
26 803
38 801
-
-
total
26 803
38 801
-
-
Dividends

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

80 411
116 399
-
-
municipal
14 473
20 951
-
-
national
6 592
14 240
-
-
total
21 065
35 191
-
-
Income
194 000
194 000
194 000
194 000
Total tax
71 028
73 992
94 734
72 513
After tax
122 972
120 008
99 266
121 487
Living cost
36 823
36 823
36 823
36 823
Free-cash
86 149
83 185
62 443
84 664

Estimated living cost  is ₽36823 per week

₽24053
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3542
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽586
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8644
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽109139
₽119237
₽114017
₽107499
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 947
social contributions
-
-
-
15 518
income
-
-
-
42 190
total
-
-
-
62 655
Employee
73 751
73 751
182 370
-
social contributions
2 788
6 121
8 256
-
income
8 030
6 827
41 309
-
health
572
1 254
3 100
-
total
11 390
14 202
52 665
-
Employer
73 751
73 751
182 370
-
social contributions
2 788
6 121
8 256
-
health
621
1 365
3 374
-
total
3 409
7 486
11 630
-
Corporate
156 995
112 763
-
-
income
19 624
14 095
-
-
total
19 624
14 095
-
-
Dividends
137 370
98 668
-
-
withholding
23 354
16 774
-
-
total
23 354
16 774
-
-
Income
194 000
194 000
194 000
194 000
Total tax
57 777
52 557
64 295
62 655
After tax
136 223
141 443
129 705
131 345
Living cost
22 206
22 206
22 206
22 206
Free-cash
114 017
119 237
107 499
109 139

Estimated living cost  is ₽22206 per week

₽13309
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2179
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6228
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽149228
₽145423
₽140546
₽129990
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
6 101
health
-
-
-
3 471
unemployment
-
-
-
27
income
-
-
-
19 945
total
-
-
-
29 544
Employee

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

22 015
-
184 626
-
pensions
3 302
-
13 651
-
unemployment
109
-
455
-
income
1 505
-
17 568
-
health
1 871
-
7 735
-
total
6 787
-
39 409
-
Employer

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

22 015
-
184 626
-
pensions
1 210
-
5 005
-
unemployment
109
-
455
-
health
946
-
3 913
-
total
2 265
-
9 373
-
Corporate
169 719
194 000
-
-
income
15 274
17 460
-
-
total
15 274
17 460
-
-
Dividends
154 445
176 540
-
-
withholding
13 900
15 889
-
-
total
13 900
15 889
-
-
Income
194 000
194 000
194 000
194 000
Total tax
38 226
33 349
48 782
29 544
After tax
155 774
160 651
145 218
164 456
Living cost
15 228
15 228
15 228
15 228
Free-cash
140 546
145 423
129 990
149 228

Estimated living cost  is ₽15228 per week

₽9716
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1098
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3961
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82217
₽102636
₽98399
₽78191
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
25 157
other
-
-
-
89
unemployment
-
-
-
622
accident
-
-
-
801
income
-
-
-
58 739
total
-
-
-
85 408
Employee
35 464
-
165 659
-
pensions
1 667
-
4 179
-
other
35
-
89
-
unemployment
550
-
1 378
-
income
6 837
-
55 447
-
total
9 089
-
61 093
-
Employer
35 464
-
165 659
-
pensions
8 369
-
20 980
-
other
284
-
712
-
unemployment
1 951
-
4 889
-
accident
703
-
1 760
-
total
11 307
-
28 341
-
Corporate
147 229
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.

22 085
29 100
-
-
total
22 085
29 100
-
-
Dividends
125 144
164 900
-
-
withholding
26 745
35 889
-
-
total
26 745
35 889
-
-
Income
194 000
194 000
194 000
194 000
Total tax
69 226
64 989
89 434
85 408
After tax
124 774
129 011
104 566
108 592
Living cost
26 375
26 375
26 375
26 375
Free-cash
98 399
102 636
78 191
82 217

Estimated living cost  is ₽26375 per week

₽17802
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2535
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.
₽5575
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Valencia model

Close
Istanbul , Turkey
₽123128
₽119183
₽118874
₽122993
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
1 366
health
-
-
-
990
income
-
-
-
66 643
total
-
-
-
68 999
Employee
2 853
-
192 463
-
pensions
257
-
615
-
unemployment
29
-
68
-
income
552
-
66 572
-
health
143
-
342
-
total
981
-
67 597
-
Employer
2 853
-
192 463
-
pensions
314
-
751
-
unemployment
57
-
137
-
health
271
-
649
-
total
642
-
1 537
-
Corporate
190 506
194 000
-
-
income
41 911
42 680
-
-
total
41 911
42 680
-
-
Dividends
148 594
151 320
-
-
withholding
29 719
30 264
-
-
total
29 719
30 264
-
-
Income
194 000
194 000
194 000
194 000
Total tax
73 253
72 944
69 134
68 999
After tax
120 747
121 056
124 866
125 001
Living cost
1 873
1 873
1 873
1 873
Free-cash
118 874
119 183
122 993
123 128

Estimated living cost  is ₽1873 per week

₽1113
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽152
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽43
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽565
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽106140
₽123584
₽118866
₽106141
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
18 423
health
-
-
-
7 298
unemployment
-
-
-
1 063
income
-
-
-
44 495
total
-
-
-
71 279
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.

25 003
-
181 317
-
pensions
3 500
-
9 920
-
unemployment
188
-
531
-
income
3 446
-
44 495
-
health
1 288
-
3 649
-
total
8 422
-
58 595
-
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.

25 003
-
181 317
-
pensions
3 000
-
8 503
-
unemployment
188
-
531
-
health
1 288
-
3 649
-
total
4 476
-
12 683
-
Corporate
164 522
194 000
-
-
income
24 678
29 100
-
-
total
24 678
29 100
-
-
Dividends
139 843
164 900
-
-
withholding
20 977
24 735
-
-
total
20 977
24 735
-
-
Income
194 000
194 000
194 000
194 000
Total tax
58 553
53 835
71 278
71 279
After tax
135 447
140 165
122 722
122 721
Living cost
16 581
16 581
16 581
16 581
Free-cash
118 866
123 584
106 141
106 140

Estimated living cost  is ₽16581 per week

₽11164
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1283
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3655
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76431
₽84492
₽84145
₽61722
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
-
social contributions

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

-
-
-
67 415
income
-
-
-
24 297
total
-
-
-
91 712
Employee
37 225
-
156 768
-
social contributions
4 095
-
17 244
-
surtax
-
-
-
-
income
7 274
-
51 945
-
total
11 369
-
69 189
-
Employer
37 225
-
156 768
-
social contributions
8 840
-
37 232
-
total
8 840
-
37 232
-
Corporate
147 934
194 000
-
-
income
31 065
40 739
-
-
surtax
-
-
-
-
total
31 065
40 739
-
-
Dividends
116 869
153 261
-
-
withholding
32 724
42 912
-
-
total
32 724
42 912
-
-
Income
194 000
194 000
194 000
194 000
Total tax
83 998
83 651
106 421
91 712
After tax
110 002
110 349
87 579
102 288
Living cost
25 857
25 857
25 857
25 857
Free-cash
84 145
84 492
61 722
76 431

Estimated living cost  is ₽25857 per week

₽18314
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1796
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽459
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5289
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74884
₽95304
₽89027
₽70858
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
25 157
other
-
-
-
89
unemployment
-
-
-
622
accident
-
-
-
801
income
-
-
-
58 739
total
-
-
-
85 408
Employee
46 321
-
165 659
-
pensions
2 177
-
4 179
-
other
46
-
89
-
unemployment
717
-
1 378
-
income
9 675
-
55 447
-
total
12 615
-
61 093
-
Employer
46 321
-
165 659
-
pensions
10 932
-
20 980
-
other
371
-
712
-
unemployment
2 548
-
4 889
-
accident
917
-
1 760
-
total
14 768
-
28 341
-
Corporate
132 911
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.

19 937
29 100
-
-
total
19 937
29 100
-
-
Dividends
112 974
164 900
-
-
withholding
23 945
35 889
-
-
total
23 945
35 889
-
-
Income
194 000
194 000
194 000
194 000
Total tax
71 265
64 989
89 434
85 408
After tax
122 735
129 011
104 566
108 592
Living cost
33 708
33 708
33 708
33 708
Free-cash
89 027
95 304
70 858
74 884

Estimated living cost  is ₽33708 per week

₽24207
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2621
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽6405
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽139478
₽149385
₽143546
₽147357
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions

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

-
-
-
4 954
health
-
-
-
3 849
unemployment
-
-
-
134
income
-
-
-
29 100
total
-
-
-
38 037
Employee
21 829
-
187 433
-
accident

We are using the highest rate at 1.1%.

240
-
368
-
pensions

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

1 916
-
2 939
-
income
2 183
-
18 743
-
health
1 004
-
1 540
-
total
5 343
-
23 590
-
Employer
21 829
-
187 433
-
pensions

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

2 405
-
3 689
-
unemployment
131
-
201
-
accident

We are using the highest rate at 1.1%.

240
-
368
-
health
1 506
-
2 310
-
total
4 282
-
6 568
-
Corporate
167 889
194 000
-
-
income
16 789
19 400
-
-
total
16 789
19 400
-
-
Dividends
151 100
174 600
-
-
withholding
7 555
8 730
-
-
total
7 555
8 730
-
-
Income
194 000
194 000
194 000
194 000
Total tax
33 969
28 130
30 158
38 037
After tax
160 031
165 870
163 842
155 963
Living cost
16 485
16 485
16 485
16 485
Free-cash
143 546
149 385
147 357
139 478

Estimated living cost  is ₽16485 per week

₽10903
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽944
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽393
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4246
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62781
₽62774
₽75318
₽84222
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
21 441
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.

-
-
-
6 552
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.

-
-
-
3 451
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.

-
-
-
62 746
total
-
-
-
94 190
Employee

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

47 722
-
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.

217
-
3 451
-
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.

3 924
-
62 746
-
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.

6 552
-
6 552
-
total
10 693
-
72 749
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
146 278
194 000
-
-
trade
20 991
27 838
-
-
income
21 941
29 100
-
-
chamber of commerce
360
430
-
-
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.

1 207
1 600
-
-
total
44 499
58 968
-
-
Dividends
101 779
135 032
-
-
withholding
25 081
33 393
-
-
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.

1 380
1 836
-
-
total
26 461
35 229
-
-
Income
194 000
194 000
194 000
194 000
Total tax
81 653
94 197
72 749
94 190
After tax
112 347
99 803
121 251
99 810
Living cost
37 029
37 029
37 029
37 029
Free-cash
75 318
62 774
84 222
62 781

Estimated living cost  is ₽37029 per week

₽25543
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3984
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽537
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6964
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44670
₽81166
₽83283
₽44670
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
32 948
income
-
-
-
61 747
total
-
-
-
94 695
Employee
75 024
-
194 000
-
social contributions
6 233
-
32 948
-
income
14 157
-
61 747
-
total
20 390
-
94 695
-
Employer
75 024
-
194 000
-
total
-
-
-
-
Corporate
118 976
194 000
-
-
income
14 872
24 249
-
-
total
14 872
24 249
-
-
Dividends
104 104
169 751
-
-
withholding
20 820
33 950
-
-
total
20 820
33 950
-
-
Income
194 000
194 000
194 000
194 000
Total tax
56 082
58 199
94 695
94 695
After tax
137 918
135 801
99 305
99 305
Living cost
54 635
54 635
54 635
54 635
Free-cash
83 283
81 166
44 670
44 670

Estimated living cost  is ₽54635 per week

₽41566
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4452
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8096
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽124180
₽86216
₽89570
₽101592
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health

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

-
-
-
5 904
income
-
-
-
29 100
total
-
-
-
35 004
Employee
43 998
-
189 588
-
social contributions
4 408
-
4 412
-
income
4 774
-
48 768
-
total
9 182
-
53 180
-
Employer
43 998
-
189 588
-
social contributions
4 408
-
4 412
-
total
4 408
-
4 412
-
Corporate
145 593
194 000
-
-
income
50 957
67 901
-
-
total
50 957
67 901
-
-
Dividends
94 636
126 099
-
-
social contributions
5 067
5 067
-
-
total
5 067
5 067
-
-
Income
194 000
194 000
194 000
194 000
Total tax
69 614
72 968
57 592
35 004
After tax
124 386
121 032
136 408
158 996
Living cost
34 816
34 816
34 816
34 816
Free-cash
89 570
86 216
101 592
124 180

Estimated living cost  is ₽34816 per week

₽22933
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2745
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽533
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8604
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91318
₽88799
₽94434
₽73904
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
9 090
income
-
-
-
58 245
total
-
-
-
67 335
Employee
48 519
-
169 226
-
pensions
3 703
-
10 986
-
income
8 836
-
46 637
-
health
633
-
2 352
-
total
13 172
-
59 975
-
Employer
48 519
-
169 226
-
pensions
4 902
-
21 559
-
health
922
-
3 215
-
total
5 824
-
24 774
-
Corporate
139 657
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.

26 534
36 860
-
-
total
26 534
36 860
-
-
Dividends
113 123
157 140
-
-
withholding
18 689
32 994
-
-
total
18 689
32 994
-
-
Income
194 000
194 000
194 000
194 000
Total tax
64 219
69 854
84 749
67 335
After tax
129 781
124 146
109 251
126 665
Living cost
35 347
35 347
35 347
35 347
Free-cash
94 434
88 799
73 904
91 318

Estimated living cost  is ₽35347 per week

₽24248
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3251
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽442
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7404
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽109255
-₽7572
₽12143
₽82859
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
4 067
health
-
-
-
2 132
other
-
-
-
362
accident
-
-
-
247
income
-
-
-
54 651
total
-
-
-
61 459
Employee
36 629
-
175 980
-
pensions
4 124
-
7 458
-
income
5 025
-
42 229
-
health
4 194
-
20 149
-
total
13 343
-
69 836
-
Employer
36 629
-
175 980
-
pensions
5 956
-
10 769
-
unemployment
897
-
4 311
-
accident
612
-
2 939
-
total
7 465
-
18 019
-
Corporate
149 906
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.

134 915
174 600
-
-
total
134 915
174 600
-
-
Dividends
14 991
19 400
-
-
withholding
2 848
3 686
-
-
total
2 848
3 686
-
-
Income
194 000
194 000
194 000
194 000
Total tax
158 571
178 286
87 855
61 459
After tax
35 429
15 714
106 145
132 541
Living cost
23 286
23 286
23 286
23 286
Free-cash
12 143
-7 572
82 859
109 255

Estimated living cost  is ₽23286 per week

₽17089
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1357
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4370
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽106561
₽135470
₽145829
₽127626
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
28 190
health insurance
-
-
-
11 337
work injury
-
-
-
766
unemployment
-
-
-
1 838
income
-
-
-
32 368
total
-
-
-
74 499
Employee

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

20 704
-
194 000
-
pensions
3 810
-
14 095
-
health insurance
1 532
-
5 669
-
unemployment
248
-
919
-
income
2 070
-
32 368
-
work injury
104
-
383
-
total
7 764
-
53 434
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
173 296
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%.

1 733
19 400
-
-
total
1 733
19 400
-
-
Dividends
171 563
174 600
-
-
withholding
25 734
26 190
-
-
total
25 734
26 190
-
-
Income
194 000
194 000
194 000
194 000
Total tax
35 231
45 590
53 434
74 499
After tax
158 769
148 410
140 566
119 501
Living cost
12 940
12 940
12 940
12 940
Free-cash
145 829
135 470
127 626
106 561

Estimated living cost  is ₽12940 per week

₽8017
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽940
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽404
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3580
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51584
₽63976
₽59615
₽43594
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
1 314
regional
-
-
-
4 542
social contributions
-
-
-
48 003
national
-
-
-
50 348
total
-
-
-
104 207
Employee
80 821
-
194 000
-
social contributions
27 252
-
62 934
-
municipal
482
-
1 179
-
regional
1 220
-
4 049
-
national
13 658
-
44 035
-
total
42 612
-
112 197
-
Employer
80 821
-
194 000
-
total
-
-
-
-
Corporate
113 179
194 000
-
-
nationa
27 163
46 560
-
-
municipal
5 455
9 352
-
-
total
32 618
55 912
-
-
Dividends
80 561
138 088
-
-
withholding
20 946
35 903
-
-
total
20 946
35 903
-
-
Income
194 000
194 000
194 000
194 000
Total tax
96 176
91 815
112 197
104 207
After tax
97 824
102 185
81 803
89 793
Living cost
38 209
38 209
38 209
38 209
Free-cash
59 615
63 976
43 594
51 584

Estimated living cost  is ₽38209 per week

₽26839
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2628
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽577
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8163
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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