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
₽67512
₽91517
₽68288
₽78577
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income

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

-
-
-
61 936
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.

-
-
-
3 406
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.

-
-
-
6 835
trade
-
-
-
23 229
total
-
-
-
95 406
Employee

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

38 269
-
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.

59
-
3 406
-
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.

1 069
-
61 936
-
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.

6 835
-
6 835
-
total
7 963
-
72 177
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
155 731
194 000
-
-
income
23 360
29 100
-
-
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.

1 285
1 601
-
-
chamber of commerce
376
431
-
-
trade
24 528
30 554
-
-
total
49 549
61 686
-
-
Dividends
106 182
132 314
-
-
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.

1 439
1 798
-
-
withholding
26 166
32 698
-
-
total
27 605
34 496
-
-
Income
194 000
194 000
194 000
194 000
Total tax
85 117
96 182
72 177
95 406
After tax
108 883
97 818
121 823
98 594
Living cost
30 306
30 306
30 306
30 306
Free-cash
78 577
67 512
91 517
68 288

Estimated living cost  is ₽30306 per week

₽19063
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3534
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽566
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7143
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68005
₽61507
₽60465
₽67123
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
194 000
social contributions
-
-
-
2 086
municipal
-
-
-
21 321
national
-
-
-
33 797
pensions
-
-
-
23 280
total
-
-
-
80 484
Employee
82 238
-
167 711
-
municipal
10 158
-
22 072
-
pensions
3 290
-
6 708
-
national
15 740
-
35 442
-
total
29 188
-
64 222
-
Employer
82 238
-
167 711
-
pensions
6 579
-
13 417
-
social contributions
884
-
1 803
-
total
7 463
-
15 220
-
Corporate
98 871
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%.

19 774
38 800
-
-
total
19 774
38 800
-
-
Dividends
79 097
155 200
-
-
withholding
17 401
34 144
-
-
total
17 401
34 144
-
-
Income
194 000
194 000
194 000
194 000
Total tax
73 826
72 944
79 442
80 484
After tax
120 174
121 056
114 558
113 516
Living cost
53 051
53 051
53 051
53 051
Free-cash
67 123
68 005
61 507
60 465

Estimated living cost  is ₽53051 per week

₽36058
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4931
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽794
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11267
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽134384
₽61895
₽47656
₽126179
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
37 724
surtax
-
-
-
49 469
social contributions

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

-
-
-
38 335
microenterprise
-
-
-
-
total
-
-
-
125 528
Employee
29 236
-
148 896
-
surtax
-
-
21 590
-
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.

3 216
-
13 116
-
income
5 204
-
31 479
-
total
8 420
-
66 185
-
Employer
29 236
-
148 896
-
social contributions

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

7 042
-
28 726
-
surtax
-
-
16 378
-
total
7 042
-
45 104
-
Corporate
157 721
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%.

31 543
38 800
-
-
total
31 543
38 800
-
-
Dividends

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

126 178
155 200
-
-
total
-
-
-
-
Income
194 000
194 000
194 000
194 000
Total tax
47 005
38 800
111 289
125 528
After tax
146 995
155 200
82 711
68 472
Living cost
20 816
20 816
20 816
20 816
Free-cash
126 179
134 384
61 895
47 656

Estimated living cost  is ₽20816 per week

₽13280
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1982
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽473
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5081
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54399
₽81218
₽63953
₽48268
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
194 000
income
-
-
-
64 072
health
-
-
-
12 338
pensions
-
-
-
11 723
total
-
-
-
88 133
Employee
85 442
85 442
175 406
-
pensions
15 380
11 723
11 723
-
income

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

13 986
13 986
28 213
-
health
13 114
11 155
12 338
-
total
42 480
36 864
52 274
-
Employer
85 442
85 442
175 406
-
health
5 939
5 939
7 380
-
pensions
5 947
5 947
7 392
-
unemployment
3 076
3 076
3 822
-
total
14 962
14 962
18 594
-
Corporate
94 644
93 596
-
-
income
18 928
18 719
-
-
total
18 928
18 719
-
-
Dividends
75 716
74 876
-
-
income
16 090
15 911
-
-
withholding
11 358
11 231
-
-
total
27 448
27 142
-
-
Income
194 000
194 000
194 000
194 000
Total tax
103 818
97 687
70 868
88 133
After tax
90 182
96 313
123 132
105 867
Living cost
41 914
41 914
41 914
41 914
Free-cash
48 268
54 399
81 218
63 953

Estimated living cost  is ₽41914 per week

₽29704
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3778
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽666
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7766
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64823
₽56745
₽57742
₽63901
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
180
other
-
-
-
10 467
unemployment
-
-
-
90
health
-
-
-
5 621
municipal
-
-
-
50 069
national
-
-
-
18 992
pensions
-
-
-
9 738
total
-
-
-
95 157
Employee
58 565
-
165 697
-
municipal
17 464
-
49 411
-
national
-
-
18 440
-
total
17 464
-
67 851
-
Employer
58 565
-
165 697
-
health
3 602
-
5 540
-
pensions
6 331
-
9 738
-
accident
117
-
180
-
unemployment
1 546
-
2 378
-
other
6 805
-
10 467
-
total
18 401
-
28 303
-
Corporate
117 034
194 000
-
-
income
25 747
42 680
-
-
total
25 747
42 680
-
-
Dividends
91 286
151 320
-
-
withholding
27 386
45 396
-
-
total
27 386
45 396
-
-
Income
194 000
194 000
194 000
194 000
Total tax
88 998
88 076
96 154
95 157
After tax
105 002
105 924
97 846
98 843
Living cost
41 101
41 101
41 101
41 101
Free-cash
63 901
64 823
56 745
57 742

Estimated living cost  is ₽41101 per week

₽27240
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4033
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽624
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9204
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57514
₽82518
₽58258
₽71574
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income

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

-
-
-
61 936
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.

-
-
-
3 406
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.

-
-
-
6 835
trade
-
-
-
24 260
total
-
-
-
96 437
Employee

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

50 740
-
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.

239
-
3 406
-
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.

4 359
-
61 936
-
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.

6 835
-
6 835
-
total
11 433
-
72 177
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
143 260
194 000
-
-
income
21 490
29 100
-
-
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.

1 181
1 601
-
-
chamber of commerce
355
427
-
-
trade
23 567
31 914
-
-
total
46 593
63 042
-
-
Dividends
96 668
130 959
-
-
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.

1 308
1 779
-
-
withholding
23 787
32 360
-
-
total
25 095
34 139
-
-
Income
194 000
194 000
194 000
194 000
Total tax
83 121
97 181
72 177
96 437
After tax
110 879
96 819
121 823
97 563
Living cost
39 305
39 305
39 305
39 305
Free-cash
71 574
57 514
82 518
58 258

Estimated living cost  is ₽39305 per week

₽26288
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4145
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽587
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8286
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽109015
₽97600
₽99258
₽104864
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
194 000
income
-
-
-
41 155
social contributions
-
-
-
16 188
health
-
-
-
4 946
total
-
-
-
62 289
Employee
76 937
76 937
182 019
-
social contributions
3 739
6 385
8 613
-
income
8 079
7 122
40 260
-
health
765
1 308
3 095
-
total
12 583
14 815
51 968
-
Employer
76 937
76 937
182 019
-
health
834
1 424
3 366
-
social contributions
3 739
6 385
8 613
-
total
4 573
7 809
11 979
-
Corporate
144 392
109 254
-
-
income
18 049
13 657
-
-
total
18 049
13 657
-
-
Dividends
126 343
95 596
-
-
withholding
21 478
16 251
-
-
total
21 478
16 251
-
-
Income
194 000
194 000
194 000
194 000
Total tax
56 683
52 532
63 947
62 289
After tax
137 317
141 468
130 053
131 711
Living cost
32 453
32 453
32 453
32 453
Free-cash
104 864
109 015
97 600
99 258

Estimated living cost  is ₽32453 per week

₽22185
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.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7189
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90575
₽94093
₽116022
₽90958
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

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

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

The minimum wage is 138,000 HUF per month.

26 520
10 554
162 343
-
unemployment
398
158
2 435
-
pensions
2 652
1 055
16 234
-
income
3 242
1 290
19 846
-
health
1 856
739
11 364
-
total
8 148
3 242
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.

26 520
10 554
162 343
-
pensions
5 171
2 058
31 657
-
total
5 171
2 058
31 657
-
Corporate
162 309
181 387
-
-
income
14 608
16 325
-
-
total
14 608
16 325
-
-
Dividends
147 701
165 063
-
-
social contributions
28 681
32 067
-
-
withholding
28 063
31 362
-
-
total
56 744
63 429
-
-
Income
194 000
194 000
194 000
194 000
Total tax
84 671
85 054
81 536
59 607
After tax
109 329
108 946
112 464
134 393
Living cost
18 371
18 371
18 371
18 371
Free-cash
90 958
90 575
94 093
116 022

Estimated living cost  is ₽18371 per week

₽12537
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1503
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽367
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3964
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽131033
₽87651
₽79817
₽124817
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
194 000
income
-
-
-
25 995
health
-
-
-
25 221
pensions
-
-
-
38 800
total
-
-
-
90 016
Employee
28 384
-
144 992
-
unemployment
454
-
2 320
-
pensions
568
-
2 899
-
income
3 196
-
27 955
-
total
4 218
-
33 174
-
Employer
28 384
-
144 992
-
health
3 689
-
18 849
-
pensions
5 677
-
28 999
-
unemployment
228
-
1 160
-
total
9 594
-
49 008
-
Corporate
156 022
194 000
-
-
income
31 204
38 800
-
-
total
31 204
38 800
-
-
Dividends
124 818
155 200
-
-
total
-
-
-
-
Income
194 000
194 000
194 000
194 000
Total tax
45 016
38 800
82 182
90 016
After tax
148 984
155 200
111 818
103 984
Living cost
24 167
24 167
24 167
24 167
Free-cash
124 817
131 033
87 651
79 817

Estimated living cost  is ₽24167 per week

₽16576
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1439
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5666
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6588
₽83617
₽110261
₽12293
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
256
income
-
-
-
54 376
other
-
-
-
376
health
-
-
-
2 211
pensions
-
-
-
4 218
total
-
-
-
61 437
Employee
35 083
-
175 597
-
pensions
3 950
-
7 734
-
income
4 813
-
41 838
-
health
4 017
-
20 106
-
total
12 780
-
69 678
-
Employer
35 083
-
175 597
-
pensions
5 705
-
11 169
-
accident
586
-
2 932
-
unemployment
859
-
4 302
-
total
7 150
-
18 403
-
Corporate
151 768
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.

136 591
174 600
-
-
total
136 591
174 600
-
-
Dividends
15 177
19 400
-
-
withholding
2 884
3 686
-
-
total
2 884
3 686
-
-
Income
194 000
194 000
194 000
194 000
Total tax
159 405
178 286
88 081
61 437
After tax
34 595
15 714
105 919
132 563
Living cost
22 302
22 302
22 302
22 302
Free-cash
12 293
-6 588
83 617
110 261

Estimated living cost  is ₽22302 per week

₽16346
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1236
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4256
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽176235
₽147135
₽183995
₽174723
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
194 000
microenterprise

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

-
-
-
1 940
total
-
-
-
1 940
Employee
10 081
-
194 000
-
income
2 016
-
38 800
-
total
2 016
-
38 800
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

183 919
194 000
-
-
total
-
-
-
-
Dividends
183 919
194 000
-
-
withholding
9 196
9 700
-
-
total
9 196
9 700
-
-
Income
194 000
194 000
194 000
194 000
Total tax
11 212
9 700
38 800
1 940
After tax
182 788
184 300
155 200
192 060
Living cost
8 065
8 065
8 065
8 065
Free-cash
174 723
176 235
147 135
183 995

Estimated living cost  is ₽8065 per week

₽4998
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽670
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽222
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2175
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽115871
₽83571
₽85245
₽109113
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
194 000
income
-
-
-
31 657
other
-
-
-
7 227
health
-
-
-
6 695
pensions

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

-
-
-
36 516
total
-
-
-
82 095
Employee
36 329
-
155 631
-
unemployment
363
-
1 521
-
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.

2 542
-
10 650
-
income
6 254
-
31 099
-
health
509
-
2 130
-
total
9 668
-
45 400
-
Employer
36 329
-
155 631
-
health
509
-
2 130
-
pensions

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

6 177
-
25 866
-
accident
291
-
1 246
-
unemployment
363
-
1 521
-
other
1 817
-
7 606
-
total
9 157
-
38 369
-
Corporate
148 516
194 000
-
-
income
31 188
40 741
-
-
total
31 188
40 741
-
-
Dividends
117 327
153 259
-
-
withholding
8 214
10 728
-
-
total
8 214
10 728
-
-
Income
194 000
194 000
194 000
194 000
Total tax
58 227
51 469
83 769
82 095
After tax
135 773
142 531
110 231
111 905
Living cost
26 660
26 660
26 660
26 660
Free-cash
109 113
115 871
83 571
85 245

Estimated living cost  is ₽26660 per week

₽18837
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1800
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽429
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5594
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58579
₽43415
₽60866
₽65405
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
194 000
income
-
-
-
57 496
pensions
-
-
-
9 310
total
-
-
-
66 806
Employee
93 844
-
169 291
-
pensions
9 053
-
11 308
-
income
16 916
-
45 861
-
health
1 546
-
2 379
-
total
27 515
-
59 548
-
Employer
93 844
-
169 291
-
health
1 782
-
3 217
-
pensions
11 080
-
21 492
-
total
12 862
-
24 709
-
Corporate
87 294
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.

16 587
36 860
-
-
total
16 587
36 860
-
-
Dividends
70 707
157 140
-
-
withholding
5 303
32 233
-
-
total
5 303
32 233
-
-
Income
194 000
194 000
194 000
194 000
Total tax
62 267
69 093
84 257
66 806
After tax
131 733
124 907
109 743
127 194
Living cost
66 328
66 328
66 328
66 328
Free-cash
65 405
58 579
43 415
60 866

Estimated living cost  is ₽66328 per week

₽49701
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7793
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8295
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽152757
₽150258
₽142458
₽148111
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
194 000
income
-
-
-
29 100
unemployment
-
-
-
140
health
-
-
-
4 018
pensions

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

-
-
-
5 171
total
-
-
-
38 429
Employee
17 364
-
187 146
-
accident

We are using the highest rate at 1.1%.

191
-
384
-
pensions

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

1 525
-
3 068
-
income
1 736
-
18 715
-
health
799
-
1 607
-
total
4 251
-
23 774
-
Employer
17 364
-
187 146
-
health
1 198
-
2 411
-
pensions

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

1 914
-
3 850
-
accident

We are using the highest rate at 1.1%.

191
-
384
-
unemployment
104
-
210
-
total
3 407
-
6 855
-
Corporate
173 229
194 000
-
-
income
17 322
19 400
-
-
total
17 322
19 400
-
-
Dividends
155 906
174 600
-
-
withholding
7 796
8 730
-
-
total
7 796
8 730
-
-
Income
194 000
194 000
194 000
194 000
Total tax
32 776
28 130
30 629
38 429
After tax
161 224
165 870
163 371
155 571
Living cost
13 113
13 113
13 113
13 113
Free-cash
148 111
152 757
150 258
142 458

Estimated living cost  is ₽13113 per week

₽7656
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽936
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽347
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4174
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40831
₽67650
₽50385
₽43346
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
194 000
income
-
-
-
64 072
health
-
-
-
12 338
pensions
-
-
-
11 723
total
-
-
-
88 133
Employee
92 763
85 442
175 406
-
pensions
11 723
11 723
11 723
-
income

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

13 986
13 986
28 213
-
health
11 573
11 155
12 338
-
total
37 282
36 864
52 274
-
Employer
92 763
85 442
175 406
-
health
6 446
5 939
7 380
-
pensions
6 456
5 947
7 392
-
unemployment
3 340
3 076
3 822
-
total
16 242
14 962
18 594
-
Corporate
84 995
93 596
-
-
income
16 999
18 719
-
-
total
16 999
18 719
-
-
Dividends
67 996
74 876
-
-
income
14 449
15 911
-
-
withholding
10 200
11 231
-
-
total
24 649
27 142
-
-
Income
194 000
194 000
194 000
194 000
Total tax
95 172
97 687
70 868
88 133
After tax
98 828
96 313
123 132
105 867
Living cost
55 482
55 482
55 482
55 482
Free-cash
43 346
40 831
67 650
50 385

Estimated living cost  is ₽55482 per week

₽40927
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4956
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽636
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8964
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽108709
₽78573
₽86704
₽99840
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
194 000
income
-
-
-
19 806
social contributions
-
-
-
35 773
solidarity contribution
-
-
-
667
health
-
-
-
26 190
total
-
-
-
82 436
Employee
36 559
-
149 883
-
solidarity contribution
-
-
-
-
social contributions
2 376
-
7 963
-
income
4 387
-
18 253
-
health
4 936
-
20 234
-
total
11 699
-
46 450
-
Employer
36 559
-
149 883
-
health
3 290
-
13 489
-
social contributions
9 140
-
30 628
-
total
12 430
-
44 117
-
Corporate
145 011
194 000
-
-
income
27 552
36 860
-
-
total
27 552
36 860
-
-
Dividends
117 459
157 140
-
-
withholding
17 619
23 571
-
-
total
17 619
23 571
-
-
Income
194 000
194 000
194 000
194 000
Total tax
69 300
60 431
90 567
82 436
After tax
124 700
133 569
103 433
111 564
Living cost
24 860
24 860
24 860
24 860
Free-cash
99 840
108 709
78 573
86 704

Estimated living cost  is ₽24860 per week

₽17268
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1769
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5335
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brno model

Close
Milan , Italy
₽61289
₽40695
₽49427
₽56065
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
49 896
regional
-
-
-
2 309
municipal
-
-
-
1 153
national
-
-
-
48 996
total
-
-
-
102 354
Employee
88 922
-
194 000
-
municipal
471
-
1 029
-
national
15 408
-
42 600
-
regional
839
-
2 040
-
social contributions
29 985
-
65 417
-
total
46 703
-
111 086
-
Employer
88 922
-
194 000
-
total
-
-
-
-
Corporate
105 078
194 000
-
-
municipal
4 097
7 566
-
-
nationa
25 219
46 560
-
-
total
29 316
54 126
-
-
Dividends
75 762
139 873
-
-
withholding
19 697
36 366
-
-
total
19 697
36 366
-
-
Income
194 000
194 000
194 000
194 000
Total tax
95 716
90 492
111 086
102 354
After tax
98 284
103 508
82 914
91 646
Living cost
42 219
42 219
42 219
42 219
Free-cash
56 065
61 289
40 695
49 427

Estimated living cost  is ₽42219 per week

₽29430
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2768
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽647
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9372
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99949
₽63374
₽69489
₽96833
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
194 000
income
-
-
-
56 863
other
-
-
-
-
surtax
-
-
-
9 154
unemployment
-
-
-
228
health
-
-
-
9 480
pensions
-
-
-
26 707
total
-
-
-
102 432
Employee
33 087
-
165 891
-
other
-
-
-
-
unemployment
2 303
-
9 294
-
pensions
2 206
-
8 907
-
surtax
108
-
7 956
-
income
5 546
-
50 878
-
health
845
-
3 404
-
total
11 008
-
80 439
-
Employer
33 087
-
165 891
-
health
1 506
-
6 076
-
pensions
4 411
-
17 800
-
unemployment
1 048
-
4 232
-
other
-
-
-
-
total
6 965
-
28 108
-
Corporate
153 948
194 000
-
-
income
40 027
50 439
-
-
total
40 027
50 439
-
-
Dividends
113 921
143 561
-
-
withholding
17 088
21 533
-
-
total
17 088
21 533
-
-
Income
194 000
194 000
194 000
194 000
Total tax
75 088
71 972
108 547
102 432
After tax
118 912
122 028
85 453
91 568
Living cost
22 079
22 079
22 079
22 079
Free-cash
96 833
99 949
63 374
69 489

Estimated living cost  is ₽22079 per week

₽13500
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2037
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.
₽6032
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79594
₽64430
₽81881
₽86147
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
194 000
income
-
-
-
57 496
pensions
-
-
-
9 310
total
-
-
-
66 806
Employee
62 892
-
169 291
-
pensions
5 338
-
11 308
-
income
11 327
-
45 861
-
health
913
-
2 379
-
total
17 578
-
59 548
-
Employer
62 892
-
169 291
-
health
1 195
-
3 217
-
pensions
6 808
-
21 492
-
total
8 003
-
24 709
-
Corporate
123 106
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.

23 390
36 860
-
-
total
23 390
36 860
-
-
Dividends
99 715
157 140
-
-
withholding
13 569
32 233
-
-
total
13 569
32 233
-
-
Income
194 000
194 000
194 000
194 000
Total tax
62 540
69 093
84 257
66 806
After tax
131 460
124 907
109 743
127 194
Living cost
45 313
45 313
45 313
45 313
Free-cash
86 147
79 594
64 430
81 881

Estimated living cost  is ₽45313 per week

₽33948
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3396
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7494
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽9467
₽68164
₽76825
₽43372
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
194 000
other

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

-
-
-
3 879
regional
-
-
-
9 961
health
-
-
-
436
city
-
-
-
2 046
national
-
-
-
3 759
pensions
-
-
-
17 848
total
-
-
-
37 929
Employee
92 738
-
173 687
-
unemployment
-
-
-
-
pensions
7 791
-
14 536
-
national
439
-
2 782
-
regional
3 037
-
8 614
-
city
995
-
1 866
-
health
210
-
391
-
total
12 472
-
28 189
-
Employer
92 738
-
173 687
-
health
210
-
391
-
pensions
7 791
-
14 536
-
unemployment
-
-
-
-
other

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

1 854
-
3 474
-
total
9 855
-
18 401
-
Corporate
90 387
194 000
-
-
regional
19 118
41 030
-
-
national
7 683
16 490
-
-
total
26 801
57 520
-
-
Dividends
63 586
136 479
-
-
withholding
22 254
47 767
-
-
total
22 254
47 767
-
-
Income
194 000
194 000
194 000
194 000
Total tax
71 382
105 287
46 590
37 929
After tax
122 618
88 713
147 410
156 071
Living cost
79 246
79 246
79 246
79 246
Free-cash
43 372
9 467
68 164
76 825

Estimated living cost  is ₽79246 per week

₽51533
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7111
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽973
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19629
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽49986
₽75988
₽50695
₽66211
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income

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

-
-
-
61 936
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.

-
-
-
3 406
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.

-
-
-
6 835
trade
-
-
-
25 293
total
-
-
-
97 470
Employee

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

60 131
-
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.

389
-
3 406
-
income

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

7 071
-
61 936
-
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.

6 835
-
6 835
-
total
14 295
-
72 177
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
133 869
194 000
-
-
income
20 081
29 100
-
-
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.

1 105
1 601
-
-
chamber of commerce
340
425
-
-
trade
22 959
33 271
-
-
total
44 485
64 397
-
-
Dividends
89 384
129 603
-
-
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.

1 208
1 762
-
-
withholding
21 966
32 020
-
-
total
23 174
33 782
-
-
Income
194 000
194 000
194 000
194 000
Total tax
81 954
98 179
72 177
97 470
After tax
112 046
95 821
121 823
96 530
Living cost
45 835
45 835
45 835
45 835
Free-cash
66 211
49 986
75 988
50 695

Estimated living cost  is ₽45835 per week

₽33476
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3666
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽596
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8098
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63546
₽70364
₽74623
₽69452
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
194 000
income
-
-
-
31 949
other
-
-
-
6 013
surtax
-
-
-
-
social contributions
-
-
-
5 527
health
-
-
-
8 757
pensions
-
-
-
32 899
total
-
-
-
85 145
Employee
42 822
-
149 336
-
pensions
4 842
-
10 720
-
surtax
-
-
-
-
social contributions
1 221
-
4 255
-
income
2 527
-
29 766
-
total
8 590
-
44 741
-
Employer
42 822
-
149 336
-
health
2 998
-
14 215
-
pensions
7 035
-
17 985
-
unemployment
1 734
-
6 047
-
social contributions
129
-
448
-
other
1 477
-
5 968
-
total
13 373
-
44 663
-
Corporate
137 806
194 000
-
-
income
38 586
54 320
-
-
surtax
-
-
-
-
total
38 586
54 320
-
-
Dividends
99 220
139 680
-
-
surtax
-
-
-
-
social contributions
17 066
24 024
-
-
withholding
12 701
17 878
-
-
total
29 767
41 902
-
-
Income
194 000
194 000
194 000
194 000
Total tax
90 316
96 222
89 404
85 145
After tax
103 684
97 778
104 596
108 855
Living cost
34 232
34 232
34 232
34 232
Free-cash
69 452
63 546
70 364
74 623

Estimated living cost  is ₽34232 per week

₽21585
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2784
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽583
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9283
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66938
₽73756
₽78015
₽72492
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
194 000
income
-
-
-
31 949
other
-
-
-
6 013
surtax
-
-
-
-
social contributions
-
-
-
5 527
health
-
-
-
8 757
pensions
-
-
-
32 899
total
-
-
-
85 145
Employee
38 224
-
149 336
-
pensions
4 323
-
10 720
-
surtax
-
-
-
-
social contributions
1 090
-
4 255
-
income
1 971
-
29 766
-
total
7 384
-
44 741
-
Employer
38 224
-
149 336
-
health
2 675
-
14 215
-
pensions
6 281
-
17 985
-
unemployment
1 547
-
6 047
-
social contributions
114
-
448
-
other
1 320
-
5 968
-
total
11 937
-
44 663
-
Corporate
143 838
194 000
-
-
income
40 276
54 320
-
-
surtax
-
-
-
-
total
40 276
54 320
-
-
Dividends
103 563
139 680
-
-
surtax
-
-
-
-
social contributions
17 814
24 024
-
-
withholding
13 257
17 878
-
-
total
31 071
41 902
-
-
Income
194 000
194 000
194 000
194 000
Total tax
90 668
96 222
89 404
85 145
After tax
103 332
97 778
104 596
108 855
Living cost
30 840
30 840
30 840
30 840
Free-cash
72 492
66 938
73 756
78 015

Estimated living cost  is ₽30840 per week

₽17886
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3133
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽585
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9237
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97141
₽98847
₽103370
₽97661
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
194 000
income
-
-
-
29 100
social contributions
-
-
-
26 772
health
-
-
-
13 542
total
-
-
-
69 414
Employee
33 924
-
194 000
-
social contributions
4 682
-
26 772
-
income
5 658
-
33 623
-
health
2 368
-
13 542
-
total
12 708
-
73 937
-
Employer
33 924
-
194 000
-
total
-
-
-
-
Corporate
160 076
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%.

8 003
9 701
-
-
total
8 003
9 701
-
-
Dividends
152 073
184 299
-
-
social contributions
20 987
25 433
-
-
withholding
22 811
27 645
-
-
health
10 614
12 864
-
-
total
54 412
65 942
-
-
Income
194 000
194 000
194 000
194 000
Total tax
75 123
75 643
73 937
69 414
After tax
118 877
118 357
120 063
124 586
Living cost
21 216
21 216
21 216
21 216
Free-cash
97 661
97 141
98 847
103 370

Estimated living cost  is ₽21216 per week

₽14199
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1308
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.
₽5220
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71916
₽15934
₽64363
₽70370
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
194 000
income
-
-
-
56 705
surtax
-
-
-
197
unemployment
-
-
-
6 137
chamber of commerce
-
-
-
777
health
-
-
-
8 941
pensions
-
-
-
21 625
total
-
-
-
94 382
Employee
50 003
39 873
157 220
-
other
499
399
1 170
-
unemployment
1 500
1 196
3 507
-
pensions
5 121
4 082
11 970
-
income
5 692
2 941
46 507
-
health
1 935
1 544
4 523
-
total
14 747
10 162
67 677
-
Employer
50 003
39 873
157 220
-
chamber of commerce
199
159
628
-
health
1 889
1 508
4 418
-
pensions
6 275
5 005
14 669
-
accident
649
518
1 519
-
unemployment
1 500
1 196
3 507
-
surtax
197
197
197
-
payroll
1 500
1 196
4 716
-
other
2 375
1 893
7 124
-
total
14 584
11 672
36 778
-
Corporate
129 411
142 454
153 422
-
income

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

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

32 352
35 614
38 356
-
total
32 352
35 614
38 356
-
Dividends
97 059
106 839
-
-
withholding
26 692
29 381
-
-
total
26 692
29 381
-
-
Income
194 000
194 000
194 000
194 000
Total tax
88 375
86 829
142 811
94 382
After tax
105 625
107 171
51 189
99 618
Living cost
35 255
35 255
35 255
35 255
Free-cash
70 370
71 916
15 934
64 363

Estimated living cost  is ₽35255 per week

₽23514
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3008
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽579
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8155
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71715
₽30829
₽47741
₽56974
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
communal

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

-
-
-
10 143
social contributions
-
-
-
24 945
national
-
-
-
74 690
total
-
-
-
109 778
Employee

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

71 569
-
150 261
-
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.

623
-
1 308
-
communal

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

3 733
-
7 838
-
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.

5 368
-
11 269
-
national
22 003
-
55 475
-
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.

3 363
-
7 061
-
total
35 090
-
82 951
-
Employer

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

71 569
-
150 261
-
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.

4 401
-
9 241
-
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.

6 342
-
13 314
-
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.

930
-
1 952
-
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.

1 044
-
2 193
-
surtax
8 115
-
17 039
-
total
20 832
-
43 739
-
Corporate
101 598
194 000
-
-
income
20 320
39 172
-
-
surtax
406
784
-
-
total
20 726
39 956
-
-
Dividends
80 871
154 043
-
-
withholding

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

23 897
45 848
-
-
total
23 897
45 848
-
-
Income
194 000
194 000
194 000
194 000
Total tax
100 545
85 804
126 690
109 778
After tax
93 455
108 196
67 310
84 222
Living cost
36 481
36 481
36 481
36 481
Free-cash
56 974
71 715
30 829
47 741

Estimated living cost  is ₽36481 per week

₽23499
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3190
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.
₽9222
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92966
₽68341
₽72539
₽86114
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
835
income
-
-
-
57 506
other
-
-
-
93
unemployment
-
-
-
649
pensions
-
-
-
26 244
total
-
-
-
85 327
Employee
49 805
-
164 435
-
other
49
-
93
-
unemployment
773
-
1 437
-
pensions
2 341
-
4 359
-
income
10 508
-
54 071
-
total
13 671
-
59 960
-
Employer
49 805
-
164 435
-
pensions
11 753
-
21 887
-
accident
985
-
1 836
-
unemployment
2 740
-
5 100
-
other
397
-
742
-
total
15 875
-
29 565
-
Corporate
128 320
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.

19 247
29 100
-
-
total
19 247
29 100
-
-
Dividends
109 073
164 900
-
-
withholding
22 959
35 800
-
-
total
22 959
35 800
-
-
Income
194 000
194 000
194 000
194 000
Total tax
71 752
64 900
89 525
85 327
After tax
122 248
129 100
104 475
108 673
Living cost
36 134
36 134
36 134
36 134
Free-cash
86 114
92 966
68 341
72 539

Estimated living cost  is ₽36134 per week

₽26609
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2563
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6440
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57799
₽47290
₽39554
₽44452
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
communal
-
-
-
12 260
accident
-
-
-
1 635
income
-
-
-
33 850
surtax
-
-
-
9 617
health
-
-
-
13 631
pensions
-
-
-
29 079
total
-
-
-
100 072
Employee
75 770
-
173 291
-
pensions
6 061
-
13 863
-
surtax
4 644
-
10 620
-
income
7 319
-
39 436
-
health
3 372
-
7 711
-
total
21 396
-
71 630
-
Employer
75 770
-
173 291
-
health
2 311
-
5 284
-
pensions
6 061
-
13 863
-
accident
682
-
1 559
-
total
9 054
-
20 706
-
Corporate
109 177
194 000
-
-
communal
7 369
13 095
-
-
income
16 376
29 100
-
-
surtax
1 147
2 037
-
-
total
24 892
44 232
-
-
Dividends
84 284
149 767
-
-
income
27 188
15 129
-
-
withholding
12 644
22 466
-
-
total
39 832
37 595
-
-
Income
194 000
194 000
194 000
194 000
Total tax
95 174
81 827
92 336
100 072
After tax
98 826
112 173
101 664
93 928
Living cost
54 374
54 374
54 374
54 374
Free-cash
44 452
57 799
47 290
39 554

Estimated living cost  is ₽54374 per week

₽40788
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3294
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9714
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99555
₽62980
₽69095
₽96370
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
194 000
income
-
-
-
56 863
other
-
-
-
-
surtax
-
-
-
9 154
unemployment
-
-
-
228
health
-
-
-
9 480
pensions
-
-
-
26 707
total
-
-
-
102 432
Employee
33 695
-
165 891
-
other
-
-
-
-
unemployment
2 345
-
9 294
-
pensions
2 248
-
8 907
-
surtax
120
-
7 956
-
income
5 649
-
50 878
-
health
860
-
3 404
-
total
11 222
-
80 439
-
Employer
33 695
-
165 891
-
health
1 532
-
6 076
-
pensions
4 492
-
17 800
-
unemployment
1 069
-
4 232
-
other
-
-
-
-
total
7 093
-
28 108
-
Corporate
153 212
194 000
-
-
income
39 835
50 439
-
-
total
39 835
50 439
-
-
Dividends
113 377
143 561
-
-
withholding
17 007
21 533
-
-
total
17 007
21 533
-
-
Income
194 000
194 000
194 000
194 000
Total tax
75 157
71 972
108 547
102 432
After tax
118 843
122 028
85 453
91 568
Living cost
22 473
22 473
22 473
22 473
Free-cash
96 370
99 555
62 980
69 095

Estimated living cost  is ₽22473 per week

₽13568
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1954
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.
₽6431
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75019
₽55392
₽64078
₽72798
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
49 896
regional
-
-
-
2 925
municipal
-
-
-
1 153
national
-
-
-
48 996
total
-
-
-
102 970
Employee
55 502
-
194 000
-
municipal
294
-
1 029
-
national
8 793
-
42 600
-
regional
747
-
2 610
-
social contributions
18 716
-
65 417
-
total
28 550
-
111 656
-
Employer
55 502
-
194 000
-
total
-
-
-
-
Corporate
138 498
194 000
-
-
municipal
6 883
9 642
-
-
nationa
33 239
46 560
-
-
total
40 122
56 202
-
-
Dividends
98 377
137 798
-
-
withholding
25 578
35 827
-
-
total
25 578
35 827
-
-
Income
194 000
194 000
194 000
194 000
Total tax
94 250
92 029
111 656
102 970
After tax
99 750
101 971
82 344
91 030
Living cost
26 952
26 952
26 952
26 952
Free-cash
72 798
75 019
55 392
64 078

Estimated living cost  is ₽26952 per week

₽16762
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2730
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6999
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽102935
₽72799
₽80930
₽92006
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
194 000
income
-
-
-
19 806
social contributions
-
-
-
35 773
solidarity contribution
-
-
-
667
health
-
-
-
26 190
total
-
-
-
82 436
Employee
45 050
-
149 883
-
solidarity contribution
-
-
-
-
social contributions
2 928
-
7 963
-
income
5 406
-
18 253
-
health
6 082
-
20 234
-
total
14 416
-
46 450
-
Employer
45 050
-
149 883
-
health
4 055
-
13 489
-
social contributions
11 263
-
30 628
-
total
15 318
-
44 117
-
Corporate
133 632
194 000
-
-
income
25 390
36 860
-
-
total
25 390
36 860
-
-
Dividends
108 242
157 140
-
-
withholding
16 236
23 571
-
-
total
16 236
23 571
-
-
Income
194 000
194 000
194 000
194 000
Total tax
71 360
60 431
90 567
82 436
After tax
122 640
133 569
103 433
111 564
Living cost
30 634
30 634
30 634
30 634
Free-cash
92 006
102 935
72 799
80 930

Estimated living cost  is ₽30634 per week

₽22782
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.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5626
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75357
₽19315
₽67894
₽74861
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
194 000
income
-
-
-
56 705
surtax
-
-
-
-
unemployment
-
-
-
6 137
chamber of commerce
-
-
-
777
health
-
-
-
8 941
pensions
-
-
-
21 625
total
-
-
-
94 185
Employee
43 737
39 873
157 402
-
other
437
399
1 170
-
unemployment
1 312
1 196
3 507
-
pensions
4 479
4 082
11 970
-
income
3 896
2 941
46 595
-
health
1 692
1 544
4 523
-
total
11 816
10 162
67 765
-
Employer
43 737
39 873
157 402
-
chamber of commerce
175
159
630
-
health
1 654
1 508
4 418
-
pensions
5 489
5 005
14 669
-
accident
568
518
1 519
-
unemployment
1 312
1 196
3 507
-
surtax
-
-
-
-
payroll
1 312
1 196
4 722
-
other
2 077
1 893
7 132
-
total
12 587
11 475
36 597
-
Corporate
137 677
142 651
153 605
-
income

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

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

34 420
35 664
38 402
-
total
34 420
35 664
38 402
-
Dividends
103 257
106 987
-
-
withholding
28 395
29 421
-
-
total
28 395
29 421
-
-
Income
194 000
194 000
194 000
194 000
Total tax
87 218
86 722
142 764
94 185
After tax
106 782
107 278
51 236
99 815
Living cost
31 921
31 921
31 921
31 921
Free-cash
74 861
75 357
19 315
67 894

Estimated living cost  is ₽31921 per week

₽19149
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3260
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽570
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8943
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽171732
₽142632
₽179492
₽169376
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 710
-
194 000
-
income
3 142
-
38 800
-
total
3 142
-
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%.

178 290
194 000
-
-
total
-
-
-
-
Dividends
178 290
194 000
-
-
withholding
8 914
9 700
-
-
total
8 914
9 700
-
-
Income
194 000
194 000
194 000
194 000
Total tax
12 056
9 700
38 800
1 940
After tax
181 944
184 300
155 200
192 060
Living cost
12 568
12 568
12 568
12 568
Free-cash
169 376
171 732
142 632
179 492

Estimated living cost  is ₽12568 per week

₽8505
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽528
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽421
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3114
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽106732
₽61873
₽66510
₽98363
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
45 842
unemployment
-
-
-
291
health
-
-
-
19 090
pensions
-
-
-
35 430
total
-
-
-
100 653
Employee

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

44 244
-
167 864
-
unemployment
63
-
235
-
pensions
6 858
-
26 018
-
income
7 630
-
42 056
-
health
2 858
-
10 844
-
total
17 409
-
79 153
-
Employer

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

44 244
-
167 864
-
health
2 947
-
11 180
-
pensions
3 915
-
14 856
-
unemployment
27
-
101
-
total
6 889
-
26 137
-
Corporate
142 867
194 000
-
-
income
27 144
36 860
-
-
total
27 144
36 860
-
-
Dividends
115 723
157 140
-
-
withholding
17 358
23 571
-
-
total
17 358
23 571
-
-
Income
194 000
194 000
194 000
194 000
Total tax
68 800
60 431
105 290
100 653
After tax
125 200
133 569
88 710
93 347
Living cost
26 837
26 837
26 837
26 837
Free-cash
98 363
106 732
61 873
66 510

Estimated living cost  is ₽26837 per week

₽18418
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1720
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6180
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74219
₽136832
₽90258
₽25922
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
194 000
income
-
-
-
37 815
social contributions
-
-
-
22 116
total
-
-
-
59 931
Employee
62 818
-
-
-
social contributions
5 151
-
734
-
income
13 856
-
-
-
total
19 007
-
734
-
Employer
62 818
-
-
-
social contributions
88 574
-
12 623
-
total
88 574
-
12 623
-
Corporate
42 608
194 000
-
-
income
9 374
42 680
-
-
total
9 374
42 680
-
-
Dividends
33 234
151 320
-
-
income
7 312
33 290
-
-
total
7 312
33 290
-
-
Income
194 000
194 000
194 000
194 000
Total tax
124 267
75 970
13 357
59 931
After tax
69 733
118 030
180 643
134 069
Living cost
43 811
43 811
43 811
43 811
Free-cash
25 922
74 219
136 832
90 258

Estimated living cost  is ₽43811 per week

₽28426
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4120
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽558
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10706
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78962
₽56665
₽71372
₽77955
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
23 828
surtax
-
-
-
-
social contributions

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

-
-
-
67 416
total
-
-
-
91 244
Employee
46 017
-
156 768
-
surtax
-
-
-
-
social contributions
5 062
-
17 244
-
income
9 572
-
51 475
-
total
14 634
-
68 719
-
Employer
46 017
-
156 768
-
social contributions
10 929
-
37 232
-
total
10 929
-
37 232
-
Corporate
137 054
194 000
-
-
income
28 781
40 741
-
-
surtax
-
-
-
-
total
28 781
40 741
-
-
Dividends
108 273
153 259
-
-
withholding
30 317
42 913
-
-
total
30 317
42 913
-
-
Income
194 000
194 000
194 000
194 000
Total tax
84 661
83 654
105 951
91 244
After tax
109 339
110 346
88 049
102 756
Living cost
31 384
31 384
31 384
31 384
Free-cash
77 955
78 962
56 665
71 372

Estimated living cost  is ₽31384 per week

₽23481
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1851
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5527
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49453
₽56271
₽60530
₽56325
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
194 000
income
-
-
-
31 949
other
-
-
-
6 013
surtax
-
-
-
-
social contributions
-
-
-
5 527
health
-
-
-
8 757
pensions
-
-
-
32 899
total
-
-
-
85 145
Employee
62 666
-
149 336
-
pensions
7 088
-
10 720
-
surtax
-
-
-
-
social contributions
1 785
-
4 255
-
income
5 468
-
29 766
-
total
14 341
-
44 741
-
Employer
62 666
-
149 336
-
health
4 386
-
14 215
-
pensions
10 297
-
17 985
-
unemployment
2 539
-
6 047
-
social contributions
188
-
448
-
other
2 163
-
5 968
-
total
19 573
-
44 663
-
Corporate
111 762
194 000
-
-
income
31 293
54 320
-
-
surtax
-
-
-
-
total
31 293
54 320
-
-
Dividends
80 469
139 680
-
-
surtax
-
-
-
-
social contributions
13 842
24 024
-
-
withholding
10 301
17 878
-
-
total
24 143
41 902
-
-
Income
194 000
194 000
194 000
194 000
Total tax
89 350
96 222
89 404
85 145
After tax
104 650
97 778
104 596
108 855
Living cost
48 325
48 325
48 325
48 325
Free-cash
56 325
49 453
56 271
60 530

Estimated living cost  is ₽48325 per week

₽32705
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3953
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽663
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11003
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽144525
₽117345
₽112188
₽141163
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
194 000
income
-
-
-
9 057
social contributions
-
-
-
42 679
total
-
-
-
51 736
Employee
32 166
-
167 967
-
income
-
-
9 628
-
social contributions
2 090
-
10 918
-
total
2 090
-
20 546
-
Employer
32 166
-
167 967
-
social contributions
4 986
-
26 033
-
total
4 986
-
26 033
-
Corporate
156 848
194 000
-
-
income
15 685
19 399
-
-
total
15 685
19 399
-
-
Dividends
141 162
174 601
-
-
total
-
-
-
-
Income
194 000
194 000
194 000
194 000
Total tax
22 761
19 399
46 579
51 736
After tax
171 239
174 601
147 421
142 264
Living cost
30 076
30 076
30 076
30 076
Free-cash
141 163
144 525
117 345
112 188

Estimated living cost  is ₽30076 per week

₽19447
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2267
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽566
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7796
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽23883
-₽23883
₽65224
-₽23883
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
194 000
labour market
-
-
-
15 451
municipal
-
-
-
40 941
national
-
-
-
23 356
pensions
-
-
-
867
total
-
-
-
80 615
Employee
203 277
203 277
203 277
-
municipal
43 287
43 287
43 287
-
labour market
16 239
16 239
16 239
-
pensions
289
289
289
-
national
24 834
24 834
24 834
-
total
84 649
84 649
84 649
-
Employer
203 277
203 277
203 277
-
national
24 877
24 877
24 877
-
labour market
16 262
16 262
16 262
-
pensions
578
578
578
-
municipal
43 356
43 356
43 356
-
total
85 073
85 073
85 073
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
194 000
194 000
194 000
194 000
Total tax
169 722
169 722
169 722
80 615
After tax
24 278
24 278
24 278
113 385
Living cost
48 161
48 161
48 161
48 161
Free-cash
-23 883
-23 883
-23 883
65 224

Estimated living cost  is ₽48161 per week

₽32962
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4260
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽741
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10198
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6259
₽83946
₽110590
₽12345
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
256
income
-
-
-
54 376
other
-
-
-
376
health
-
-
-
2 211
pensions
-
-
-
4 218
total
-
-
-
61 437
Employee
34 565
-
175 597
-
pensions
3 892
-
7 734
-
income
4 742
-
41 838
-
health
3 958
-
20 106
-
total
12 592
-
69 678
-
Employer
34 565
-
175 597
-
pensions
5 620
-
11 169
-
accident
577
-
2 932
-
unemployment
847
-
4 302
-
total
7 044
-
18 403
-
Corporate
152 390
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.

137 151
174 600
-
-
total
137 151
174 600
-
-
Dividends
15 239
19 400
-
-
withholding
2 895
3 686
-
-
total
2 895
3 686
-
-
Income
194 000
194 000
194 000
194 000
Total tax
159 682
178 286
88 081
61 437
After tax
34 318
15 714
105 919
132 563
Living cost
21 973
21 973
21 973
21 973
Free-cash
12 345
-6 259
83 946
110 590

Estimated living cost  is ₽21973 per week

₽15994
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1253
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽412
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4314
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82048
₽61914
₽84133
₽84987
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
194 000
health
-
-
-
2 571
municipal
-
-
-
34 458
national
-
-
-
34 424
total
-
-
-
71 453
Employee
52 641
-
163 203
-
municipal
8 622
-
26 576
-
unemployment
790
-
2 447
-
pensions
3 553
-
11 016
-
national
870
-
20 740
-
health
393
-
2 096
-
total
14 228
-
62 875
-
Employer
52 641
-
163 203
-
health
404
-
1 257
-
pensions
9 133
-
28 316
-
accident
53
-
163
-
unemployment
342
-
1 061
-
total
9 932
-
30 797
-
Corporate
131 427
194 000
-
-
income
26 286
38 800
-
-
total
26 286
38 800
-
-
Dividends

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

78 856
116 400
-
-
municipal
14 195
20 952
-
-
national
5 958
13 786
-
-
total
20 153
34 738
-
-
Income
194 000
194 000
194 000
194 000
Total tax
70 599
73 538
93 672
71 453
After tax
123 401
120 462
100 328
122 547
Living cost
38 414
38 414
38 414
38 414
Free-cash
84 987
82 048
61 914
84 133

Estimated living cost  is ₽38414 per week

₽25092
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3695
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽611
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9017
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽118303
₽106888
₽108546
₽112858
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
194 000
income
-
-
-
41 155
social contributions
-
-
-
16 188
health
-
-
-
4 946
total
-
-
-
62 289
Employee
76 937
76 937
182 019
-
social contributions
2 909
6 385
8 613
-
income
8 377
7 122
40 260
-
health
596
1 308
3 095
-
total
11 882
14 815
51 968
-
Employer
76 937
76 937
182 019
-
health
647
1 424
3 366
-
social contributions
2 909
6 385
8 613
-
total
3 556
7 809
11 979
-
Corporate
155 396
109 254
-
-
income
19 424
13 657
-
-
total
19 424
13 657
-
-
Dividends
135 972
95 596
-
-
withholding
23 115
16 251
-
-
total
23 115
16 251
-
-
Income
194 000
194 000
194 000
194 000
Total tax
57 977
52 532
63 947
62 289
After tax
136 023
141 468
130 053
131 711
Living cost
23 165
23 165
23 165
23 165
Free-cash
112 858
118 303
106 888
108 546

Estimated living cost  is ₽23165 per week

₽13883
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2273
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6497
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽144765
₽128147
₽148215
₽139677
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
19 885
unemployment
-
-
-
28
health
-
-
-
3 621
pensions
-
-
-
6 365
total
-
-
-
29 899
Employee

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

22 966
-
184 222
-
unemployment
114
-
475
-
pensions
3 444
-
14 240
-
income
1 570
-
17 404
-
health
1 952
-
8 070
-
total
7 080
-
40 189
-
Employer

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

22 966
-
184 222
-
health
987
-
4 082
-
pensions
1 263
-
5 221
-
unemployment
114
-
475
-
total
2 364
-
9 778
-
Corporate
168 670
194 000
-
-
income
15 180
17 461
-
-
total
15 180
17 461
-
-
Dividends
153 490
176 539
-
-
withholding
13 813
15 888
-
-
total
13 813
15 888
-
-
Income
194 000
194 000
194 000
194 000
Total tax
38 437
33 349
49 967
29 899
After tax
155 563
160 651
144 033
164 101
Living cost
15 886
15 886
15 886
15 886
Free-cash
139 677
144 765
128 147
148 215

Estimated living cost  is ₽15886 per week

₽10135
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1145
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽473
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4132
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽101586
₽76961
₽81159
₽97168
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
835
income
-
-
-
57 506
other
-
-
-
93
unemployment
-
-
-
649
pensions
-
-
-
26 244
total
-
-
-
85 327
Employee
36 996
-
164 435
-
other
36
-
93
-
unemployment
573
-
1 437
-
pensions
1 739
-
4 359
-
income
7 133
-
54 071
-
total
9 481
-
59 960
-
Employer
36 996
-
164 435
-
pensions
8 730
-
21 887
-
accident
733
-
1 836
-
unemployment
2 035
-
5 100
-
other
296
-
742
-
total
11 794
-
29 565
-
Corporate
145 209
194 000
-
-
income

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

21 782
29 100
-
-
total
21 782
29 100
-
-
Dividends
123 427
164 900
-
-
withholding
26 261
35 800
-
-
total
26 261
35 800
-
-
Income
194 000
194 000
194 000
194 000
Total tax
69 318
64 900
89 525
85 327
After tax
124 682
129 100
104 475
108 673
Living cost
27 514
27 514
27 514
27 514
Free-cash
97 168
101 586
76 961
81 159

Estimated living cost  is ₽27514 per week

₽18571
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2645
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽482
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5816
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽119116
₽122883
₽123021
₽118797
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
194 000
income
-
-
-
66 598
health
-
-
-
1 026
pensions
-
-
-
1 415
total
-
-
-
69 039
Employee
2 954
-
192 408
-
unemployment
30
-
71
-
pensions
266
-
637
-
income
571
-
66 524
-
health
148
-
354
-
total
1 015
-
67 586
-
Employer
2 954
-
192 408
-
health
281
-
672
-
pensions
325
-
778
-
unemployment
59
-
141
-
total
665
-
1 591
-
Corporate
190 381
194 000
-
-
income
41 884
42 680
-
-
total
41 884
42 680
-
-
Dividends
148 497
151 320
-
-
withholding
29 699
30 264
-
-
total
29 699
30 264
-
-
Income
194 000
194 000
194 000
194 000
Total tax
73 263
72 944
69 177
69 039
After tax
120 737
121 056
124 823
124 961
Living cost
1 940
1 940
1 940
1 940
Free-cash
118 797
119 116
122 883
123 021

Estimated living cost  is ₽1940 per week

₽1153
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽157
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽44
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽585
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽122863
₽104428
₽104429
₽117939
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
44 321
unemployment
-
-
-
1 109
health
-
-
-
7 615
pensions
-
-
-
19 224
total
-
-
-
72 269
Employee

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

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

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

26 090
-
180 765
-
unemployment
196
-
555
-
pensions
3 653
-
10 351
-
income
3 596
-
44 321
-
health
1 344
-
3 808
-
total
8 789
-
59 035
-
Employer

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

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

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

26 090
-
180 765
-
health
1 344
-
3 808
-
pensions
3 131
-
8 872
-
unemployment
196
-
555
-
total
4 671
-
13 235
-
Corporate
163 240
194 000
-
-
income
24 486
29 100
-
-
total
24 486
29 100
-
-
Dividends
138 754
164 900
-
-
withholding
20 813
24 735
-
-
total
20 813
24 735
-
-
Income
194 000
194 000
194 000
194 000
Total tax
58 759
53 835
72 270
72 269
After tax
135 241
140 165
121 730
121 731
Living cost
17 302
17 302
17 302
17 302
Free-cash
117 939
122 863
104 428
104 429

Estimated living cost  is ₽17302 per week

₽11649
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1338
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.
₽3813
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83372
₽61075
₽75782
₽83013
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
23 828
surtax
-
-
-
-
social contributions

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

-
-
-
67 416
total
-
-
-
91 244
Employee
38 833
-
156 768
-
surtax
-
-
-
-
social contributions
4 272
-
17 244
-
income
7 588
-
51 475
-
total
11 860
-
68 719
-
Employer
38 833
-
156 768
-
social contributions
9 222
-
37 232
-
total
9 222
-
37 232
-
Corporate
145 945
194 000
-
-
income
30 649
40 741
-
-
surtax
-
-
-
-
total
30 649
40 741
-
-
Dividends
115 295
153 259
-
-
withholding
32 282
42 913
-
-
total
32 282
42 913
-
-
Income
194 000
194 000
194 000
194 000
Total tax
84 013
83 654
105 951
91 244
After tax
109 987
110 346
88 049
102 756
Living cost
26 974
26 974
26 974
26 974
Free-cash
83 013
83 372
61 075
75 782

Estimated living cost  is ₽26974 per week

₽19105
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1874
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5518
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93937
₽69312
₽73510
₽87389
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
835
income
-
-
-
57 506
other
-
-
-
93
unemployment
-
-
-
649
pensions
-
-
-
26 244
total
-
-
-
85 327
Employee
48 322
-
164 435
-
other
47
-
93
-
unemployment
748
-
1 437
-
pensions
2 271
-
4 359
-
income
10 093
-
54 071
-
total
13 159
-
59 960
-
Employer
48 322
-
164 435
-
pensions
11 404
-
21 887
-
accident
957
-
1 836
-
unemployment
2 658
-
5 100
-
other
387
-
742
-
total
15 406
-
29 565
-
Corporate
130 272
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.

19 542
29 100
-
-
total
19 542
29 100
-
-
Dividends
110 731
164 900
-
-
withholding
23 341
35 800
-
-
total
23 341
35 800
-
-
Income
194 000
194 000
194 000
194 000
Total tax
71 448
64 900
89 525
85 327
After tax
122 552
129 100
104 475
108 673
Living cost
35 164
35 164
35 164
35 164
Free-cash
87 389
93 937
69 312
73 510

Estimated living cost  is ₽35164 per week

₽25253
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2734
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6682
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽148665
₽146166
₽138366
₽142570
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
194 000
income
-
-
-
29 100
unemployment
-
-
-
140
health
-
-
-
4 018
pensions

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

-
-
-
5 171
total
-
-
-
38 429
Employee
22 782
-
187 146
-
accident

We are using the highest rate at 1.1%.

250
-
384
-
pensions

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

2 000
-
3 068
-
income
2 279
-
18 715
-
health
1 048
-
1 607
-
total
5 577
-
23 774
-
Employer
22 782
-
187 146
-
health
1 572
-
2 411
-
pensions

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

2 511
-
3 850
-
accident

We are using the highest rate at 1.1%.

250
-
384
-
unemployment
137
-
210
-
total
4 470
-
6 855
-
Corporate
166 748
194 000
-
-
income
16 675
19 400
-
-
total
16 675
19 400
-
-
Dividends
150 073
174 600
-
-
withholding
7 503
8 730
-
-
total
7 503
8 730
-
-
Income
194 000
194 000
194 000
194 000
Total tax
34 225
28 130
30 629
38 429
After tax
159 775
165 870
163 371
155 571
Living cost
17 205
17 205
17 205
17 205
Free-cash
142 570
148 665
146 166
138 366

Estimated living cost  is ₽17205 per week

₽11379
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽985
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽410
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4431
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61183
₽83195
₽62032
₽74273
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income

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

-
-
-
61 936
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.

-
-
-
3 406
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.

-
-
-
6 835
trade
-
-
-
21 163
total
-
-
-
93 340
Employee

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

49 783
-
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.

226
-
3 406
-
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.

4 094
-
61 936
-
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.

6 835
-
6 835
-
total
11 155
-
72 177
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
144 217
194 000
-
-
income
21 632
29 100
-
-
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.

1 190
1 601
-
-
chamber of commerce
363
437
-
-
trade
20 696
27 839
-
-
total
43 881
58 977
-
-
Dividends
100 336
135 024
-
-
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.

1 359
1 836
-
-
withholding
24 704
33 376
-
-
total
26 063
35 212
-
-
Income
194 000
194 000
194 000
194 000
Total tax
81 099
94 189
72 177
93 340
After tax
112 901
99 811
121 823
100 660
Living cost
38 628
38 628
38 628
38 628
Free-cash
74 273
61 183
83 195
62 032

Estimated living cost  is ₽38628 per week

₽26647
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4156
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽560
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7264
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78806
₽43164
₽43164
₽81015
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
194 000
income
-
-
-
61 063
social contributions
-
-
-
32 778
total
-
-
-
93 841
Employee
78 265
-
194 000
-
income
14 768
-
61 063
-
social contributions
6 502
-
32 778
-
total
21 270
-
93 841
-
Employer
78 265
-
194 000
-
total
-
-
-
-
Corporate
115 735
194 000
-
-
income
14 466
24 250
-
-
total
14 466
24 250
-
-
Dividends
101 269
169 750
-
-
withholding
20 254
33 949
-
-
total
20 254
33 949
-
-
Income
194 000
194 000
194 000
194 000
Total tax
55 990
58 199
93 841
93 841
After tax
138 010
135 801
100 159
100 159
Living cost
56 995
56 995
56 995
56 995
Free-cash
81 015
78 806
43 164
43 164

Estimated living cost  is ₽56995 per week

₽43361
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4644
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8445
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84494
₽100535
₽122561
₽87991
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
194 000
income
-
-
-
29 100
health

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

-
-
-
6 019
total
-
-
-
35 119
Employee
45 899
-
189 398
-
income
4 980
-
47 941
-
social contributions
4 599
-
4 602
-
total
9 579
-
52 543
-
Employer
45 899
-
189 398
-
social contributions
4 599
-
4 602
-
total
4 599
-
4 602
-
Corporate
143 502
194 000
-
-
income
50 225
67 900
-
-
total
50 225
67 900
-
-
Dividends
93 277
126 100
-
-
social contributions
5 286
5 286
-
-
total
5 286
5 286
-
-
Income
194 000
194 000
194 000
194 000
Total tax
69 689
73 186
57 145
35 119
After tax
124 311
120 814
136 855
158 881
Living cost
36 320
36 320
36 320
36 320
Free-cash
87 991
84 494
100 535
122 561

Estimated living cost  is ₽36320 per week

₽23924
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2863
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8975
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88069
₽72905
₽90356
₽93942
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
194 000
income
-
-
-
57 496
pensions
-
-
-
9 310
total
-
-
-
66 806
Employee
50 566
-
169 291
-
pensions
3 859
-
11 308
-
income
9 208
-
45 861
-
health
660
-
2 379
-
total
13 727
-
59 548
-
Employer
50 566
-
169 291
-
health
961
-
3 217
-
pensions
5 109
-
21 492
-
total
6 070
-
24 709
-
Corporate
137 364
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.

26 099
36 860
-
-
total
26 099
36 860
-
-
Dividends
111 266
157 140
-
-
withholding
17 324
32 233
-
-
total
17 324
32 233
-
-
Income
194 000
194 000
194 000
194 000
Total tax
63 220
69 093
84 257
66 806
After tax
130 780
124 907
109 743
127 194
Living cost
36 838
36 838
36 838
36 838
Free-cash
93 942
88 069
72 905
90 356

Estimated living cost  is ₽36838 per week

₽25271
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3388
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7717
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽8435
₽81770
₽108414
₽12011
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
256
income
-
-
-
54 376
other
-
-
-
376
health
-
-
-
2 211
pensions
-
-
-
4 218
total
-
-
-
61 437
Employee
37 987
-
175 597
-
pensions
4 277
-
7 734
-
income
5 211
-
41 838
-
health
4 349
-
20 106
-
total
13 837
-
69 678
-
Employer
37 987
-
175 597
-
pensions
6 176
-
11 169
-
accident
634
-
2 932
-
unemployment
931
-
4 302
-
total
7 741
-
18 403
-
Corporate
148 272
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.

133 445
174 600
-
-
total
133 445
174 600
-
-
Dividends
14 827
19 400
-
-
withholding
2 817
3 686
-
-
total
2 817
3 686
-
-
Income
194 000
194 000
194 000
194 000
Total tax
157 840
178 286
88 081
61 437
After tax
36 160
15 714
105 919
132 563
Living cost
24 149
24 149
24 149
24 149
Free-cash
12 011
-8 435
81 770
108 414

Estimated living cost  is ₽24149 per week

₽17722
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1407
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4532
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽134896
₽126231
₽104230
₽145056
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
194 000
income
-
-
-
32 255
unemployment
-
-
-
1 920
work injury
-
-
-
800
health insurance
-
-
-
11 840
pensions
-
-
-
29 441
total
-
-
-
76 256
Employee

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

21 623
-
194 000
-
health insurance
1 600
-
5 920
-
unemployment
259
-
960
-
work injury
108
-
400
-
pensions
3 979
-
14 720
-
income
2 162
-
32 255
-
total
8 108
-
54 255
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
172 377
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%.

1 724
19 400
-
-
total
1 724
19 400
-
-
Dividends
170 653
174 600
-
-
withholding
25 598
26 190
-
-
total
25 598
26 190
-
-
Income
194 000
194 000
194 000
194 000
Total tax
35 430
45 590
54 255
76 256
After tax
158 570
148 410
139 745
117 744
Living cost
13 514
13 514
13 514
13 514
Free-cash
145 056
134 896
126 231
104 230

Estimated living cost  is ₽13514 per week

₽8372
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽982
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽422
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3738
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62327
₽41006
₽49487
₽57776
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
49 896
regional
-
-
-
4 465
municipal
-
-
-
1 297
national
-
-
-
48 996
total
-
-
-
104 654
Employee
84 312
-
194 000
-
municipal
503
-
1 156
-
national
14 248
-
42 600
-
regional
1 273
-
3 962
-
social contributions
28 430
-
65 417
-
total
44 454
-
113 135
-
Employer
84 312
-
194 000
-
total
-
-
-
-
Corporate
109 688
194 000
-
-
municipal
5 286
9 351
-
-
nationa
26 326
46 560
-
-
total
31 612
55 911
-
-
Dividends
78 076
138 088
-
-
withholding
20 299
35 903
-
-
total
20 299
35 903
-
-
Income
194 000
194 000
194 000
194 000
Total tax
96 365
91 814
113 135
104 654
After tax
97 635
102 186
80 865
89 346
Living cost
39 859
39 859
39 859
39 859
Free-cash
57 776
62 327
41 006
49 487

Estimated living cost  is ₽39859 per week

₽27999
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2742
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽602
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8516
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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

Close
[[ place.name ]], [[ place.country ]]

[[ row[2] ]] [[ row[0] ]]

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

[[ $tc('message.data_source', {city: place.name}) ]] [[ place.name ]]

Close

[[ row[2] ]] [[ row[0] ]]

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

[[ $tc('message.data_source', {city: place.name}) ]] [[ place.name ]]

Close