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
₽67250
₽78417
₽68209
₽91374
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
194 000
trade
-
-
-
23 165
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.

-
-
-
61 768
health

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

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

-
-
-
6 894
surtax

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

-
-
-
3 397
total
-
-
-
95 224
Employee

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

38 599
-
194 000
-
health

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

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

6 894
-
6 894
-
surtax

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

59
-
3 397
-
income

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

1 078
-
61 768
-
total
8 031
-
72 059
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
155 401
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.

1 281
1 601
-
-
income
23 311
29 100
-
-
trade
24 475
30 556
-
-
chamber of commerce
377
433
-
-
total
49 444
61 690
-
-
Dividends
105 956
132 310
-
-
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.

1 436
1 798
-
-
withholding
26 105
32 695
-
-
total
27 541
34 493
-
-
Income
194 000
194 000
194 000
194 000
Total tax
85 016
96 183
72 059
95 224
After tax
108 984
97 817
121 941
98 776
Living cost
30 567
30 567
30 567
30 567
Free-cash
78 417
67 250
91 374
68 209

Estimated living cost  is ₽30567 per week

₽19228
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3564
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7205
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70062
₽69214
₽61861
₽62902
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
194 000
municipal
-
-
-
21 372
pensions
-
-
-
23 280
national
-
-
-
34 408
social contributions
-
-
-
2 085
total
-
-
-
81 145
Employee
79 050
-
167 711
-
municipal
9 764
-
22 123
-
pensions
3 162
-
6 708
-
national
15 130
-
36 053
-
total
28 056
-
64 884
-
Employer
79 050
-
167 711
-
social contributions
850
-
1 803
-
pensions
6 324
-
13 417
-
total
7 174
-
15 220
-
Corporate
102 559
194 000
-
-
income

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

20 512
38 800
-
-
total
20 512
38 800
-
-
Dividends
82 047
155 200
-
-
withholding
18 050
34 144
-
-
total
18 050
34 144
-
-
Income
194 000
194 000
194 000
194 000
Total tax
73 792
72 944
80 104
81 145
After tax
120 208
121 056
113 896
112 855
Living cost
50 994
50 994
50 994
50 994
Free-cash
69 214
70 062
62 902
61 861

Estimated living cost  is ₽50994 per week

₽34660
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4740
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽763
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10830
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

It is very difficult to get a residence permit on a basis of self-employment for a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit). EU/EFTA nationals and long-term EU resident permit holders can register self-employed and apply for a permanent residence.

Source of data for Reykjavik model

Close
Riga , Latvia
₽134205
₽125926
₽47347
₽61613
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
microenterprise
-
-
-
-
income
-
-
-
37 523
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.

-
-
-
38 666
total
-
-
-
125 658
Employee
29 489
-
148 673
-
social contributions

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

3 244
-
13 230
-
surtax
-
-
21 558
-
income
5 249
-
31 277
-
total
8 493
-
66 065
-
Employer
29 489
-
148 673
-
social contributions

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

7 103
-
28 974
-
surtax
-
-
16 353
-
total
7 103
-
45 327
-
Corporate
157 408
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%.

31 483
38 800
-
-
total
31 483
38 800
-
-
Dividends

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

125 925
155 200
-
-
total
-
-
-
-
Income
194 000
194 000
194 000
194 000
Total tax
47 079
38 800
111 392
125 658
After tax
146 921
155 200
82 608
68 342
Living cost
20 995
20 995
20 995
20 995
Free-cash
125 926
134 205
61 613
47 347

Estimated living cost  is ₽20995 per week

₽13394
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1999
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5125
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Riga model

Close
Rotterdam , Netherlands
₽54017
₽47833
₽63699
₽80693
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
63 757
pensions
-
-
-
11 824
health
-
-
-
12 444
total
-
-
-
88 025
Employee
86 180
86 180
175 245
-
health
13 228
11 251
12 444
-
income

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

14 106
14 106
28 008
-
pensions
15 512
11 824
11 824
-
total
42 846
37 181
52 276
-
Employer
86 180
86 180
175 245
-
unemployment
3 102
3 102
3 855
-
pensions
5 998
5 998
7 456
-
health
5 990
5 990
7 444
-
total
15 090
15 090
18 755
-
Corporate
93 786
92 729
-
-
income
18 757
18 546
-
-
total
18 757
18 546
-
-
Dividends
75 029
74 183
-
-
income
15 943
15 763
-
-
withholding
11 255
11 127
-
-
total
27 198
26 890
-
-
Income
194 000
194 000
194 000
194 000
Total tax
103 891
97 707
71 031
88 025
After tax
90 109
96 293
122 969
105 975
Living cost
42 276
42 276
42 276
42 276
Free-cash
47 833
54 017
80 693
63 699

Estimated living cost  is ₽42276 per week

₽29960
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3811
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽672
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7833
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66932
₽66057
₽59277
₽58330
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
194 000
municipal
-
-
-
50 468
accident
-
-
-
171
pensions
-
-
-
9 238
other
-
-
-
9 930
unemployment
-
-
-
86
health
-
-
-
5 332
national
-
-
-
20 506
total
-
-
-
95 731
Employee
55 560
-
167 150
-
municipal
16 568
-
49 844
-
national
-
-
19 983
-
total
16 568
-
69 827
-
Employer
55 560
-
167 150
-
accident
111
-
171
-
other
6 456
-
9 930
-
unemployment
1 467
-
2 256
-
pensions
6 006
-
9 238
-
health
3 417
-
5 256
-
total
17 457
-
26 851
-
Corporate
120 983
194 000
-
-
income
26 616
42 680
-
-
total
26 616
42 680
-
-
Dividends
94 367
151 320
-
-
withholding
28 310
45 396
-
-
total
28 310
45 396
-
-
Income
194 000
194 000
194 000
194 000
Total tax
88 951
88 076
96 678
95 731
After tax
105 049
105 924
97 322
98 269
Living cost
38 992
38 992
38 992
38 992
Free-cash
66 057
66 932
58 330
59 277

Estimated living cost  is ₽38992 per week

₽25842
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3826
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8731
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Stockholm model

Close
Hamburg , Germany
₽57177
₽71359
₽58100
₽82296
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
194 000
trade
-
-
-
24 196
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.

-
-
-
61 768
health

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

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

-
-
-
6 894
surtax

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

-
-
-
3 397
total
-
-
-
96 255
Employee

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

51 178
-
194 000
-
health

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

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

6 894
-
6 894
-
surtax

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

241
-
3 397
-
income

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

4 397
-
61 768
-
total
11 532
-
72 059
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
142 822
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.

1 178
1 601
-
-
income
21 422
29 100
-
-
trade
23 495
31 913
-
-
chamber of commerce
356
429
-
-
total
46 451
63 043
-
-
Dividends
96 371
130 956
-
-
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.

1 304
1 779
-
-
withholding
23 709
32 356
-
-
total
25 013
34 135
-
-
Income
194 000
194 000
194 000
194 000
Total tax
82 996
97 178
72 059
96 255
After tax
111 004
96 822
121 941
97 745
Living cost
39 645
39 645
39 645
39 645
Free-cash
71 359
57 177
82 296
58 100

Estimated living cost  is ₽39645 per week

₽26515
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4181
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8358
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽108738
₽104552
₽99053
₽97390
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
40 939
health
-
-
-
4 947
social contributions
-
-
-
16 328
total
-
-
-
62 214
Employee
77 601
77 601
181 946
-
social contributions
3 771
6 441
8 687
-
health
772
1 320
3 093
-
income
8 149
7 184
40 043
-
total
12 692
14 945
51 823
-
Employer
77 601
77 601
181 946
-
social contributions
3 771
6 441
8 687
-
health
841
1 436
3 367
-
total
4 612
7 877
12 054
-
Corporate
143 964
108 522
-
-
income
17 996
13 565
-
-
total
17 996
13 565
-
-
Dividends
125 968
94 957
-
-
withholding
21 415
16 142
-
-
total
21 415
16 142
-
-
Income
194 000
194 000
194 000
194 000
Total tax
56 715
52 529
63 877
62 214
After tax
137 285
141 471
130 123
131 786
Living cost
32 733
32 733
32 733
32 733
Free-cash
104 552
108 738
97 390
99 053

Estimated living cost  is ₽32733 per week

₽22376
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2557
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7251
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90610
₽90991
₽116057
₽94128
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
19 400
unemployment
-
-
-
2 910
health
-
-
-
13 580
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.

26 469
10 534
162 343
-
health
1 853
737
11 364
-
income
3 236
1 288
19 846
-
pensions
2 647
1 053
16 234
-
unemployment
397
158
2 435
-
total
8 133
3 236
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.

26 469
10 534
162 343
-
pensions
5 161
2 054
31 657
-
total
5 161
2 054
31 657
-
Corporate
162 370
181 412
-
-
income
14 613
16 327
-
-
total
14 613
16 327
-
-
Dividends
147 757
165 085
-
-
social contributions
28 692
32 071
-
-
withholding
28 074
31 366
-
-
total
56 766
63 437
-
-
Income
194 000
194 000
194 000
194 000
Total tax
84 673
85 054
81 536
59 607
After tax
109 327
108 946
112 464
134 393
Living cost
18 336
18 336
18 336
18 336
Free-cash
90 991
90 610
94 128
116 057

Estimated living cost  is ₽18336 per week

₽12513
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1500
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽366
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3957
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽130825
₽124554
₽79609
₽87443
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
25 996
pensions
-
-
-
38 800
health
-
-
-
25 220
total
-
-
-
90 016
Employee
28 629
-
144 992
-
income
3 223
-
27 955
-
pensions
573
-
2 899
-
unemployment
458
-
2 319
-
total
4 254
-
33 173
-
Employer
28 629
-
144 992
-
unemployment
230
-
1 161
-
pensions
5 726
-
28 999
-
health
3 721
-
18 849
-
total
9 677
-
49 009
-
Corporate
155 694
194 000
-
-
income
31 140
38 800
-
-
total
31 140
38 800
-
-
Dividends
124 554
155 200
-
-
total
-
-
-
-
Income
194 000
194 000
194 000
194 000
Total tax
45 071
38 800
82 182
90 016
After tax
148 929
155 200
111 818
103 984
Living cost
24 375
24 375
24 375
24 375
Free-cash
124 554
130 825
87 443
79 609

Estimated living cost  is ₽24375 per week

₽16719
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1452
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5715
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6358
₽12328
₽110485
₽83913
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
253
income
-
-
-
54 456
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
61 443
Employee
34 721
-
175 708
-
health
3 975
-
20 118
-
income
4 763
-
41 951
-
pensions
3 910
-
7 654
-
total
12 648
-
69 723
-
Employer
34 721
-
175 708
-
accident
580
-
2 934
-
unemployment
851
-
4 305
-
pensions
5 646
-
11 053
-
total
7 077
-
18 292
-
Corporate
152 203
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.

136 983
174 600
-
-
total
136 983
174 600
-
-
Dividends
15 221
19 400
-
-
withholding
2 892
3 686
-
-
total
2 892
3 686
-
-
Income
194 000
194 000
194 000
194 000
Total tax
159 600
178 286
88 015
61 443
After tax
34 400
15 714
105 985
132 557
Living cost
22 072
22 072
22 072
22 072
Free-cash
12 328
-6 358
83 913
110 485

Estimated living cost  is ₽22072 per week

₽16177
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4212
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Gdansk model

Close
Batumi , Georgia
₽175220
₽173517
₽182980
₽146120
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
11 349
-
194 000
-
income
2 270
-
38 800
-
total
2 270
-
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%.

182 651
194 000
-
-
total
-
-
-
-
Dividends
182 651
194 000
-
-
withholding
9 133
9 700
-
-
total
9 133
9 700
-
-
Income
194 000
194 000
194 000
194 000
Total tax
11 403
9 700
38 800
1 940
After tax
182 597
184 300
155 200
192 060
Living cost
9 080
9 080
9 080
9 080
Free-cash
173 517
175 220
146 120
182 980

Estimated living cost  is ₽9080 per week

₽5627
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽755
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽250
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2448
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Source of data for Batumi model

Close
Bratislava , Slovakia
₽115641
₽108827
₽84725
₽83044
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
31 511
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.

-
-
-
36 831
other
-
-
-
7 289
health
-
-
-
6 753
total
-
-
-
82 384
Employee
36 642
-
155 313
-
health
513
-
2 149
-
income
6 308
-
30 952
-
pensions

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

2 564
-
10 742
-
unemployment
366
-
1 534
-
total
9 751
-
45 377
-
Employer
36 642
-
155 313
-
accident
293
-
1 243
-
other
1 833
-
7 672
-
unemployment
366
-
1 534
-
pensions

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

6 230
-
26 090
-
health
513
-
2 149
-
total
9 235
-
38 688
-
Corporate
148 123
194 000
-
-
income
31 105
40 740
-
-
total
31 105
40 740
-
-
Dividends
117 018
153 260
-
-
withholding
8 191
10 728
-
-
total
8 191
10 728
-
-
Income
194 000
194 000
194 000
194 000
Total tax
58 282
51 468
84 065
82 384
After tax
135 718
142 532
109 935
111 616
Living cost
26 891
26 891
26 891
26 891
Free-cash
108 827
115 641
83 044
84 725

Estimated living cost  is ₽26891 per week

₽19000
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1816
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽433
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5642
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Bratislava model

Close
London , United Kingdom
₽57578
₽63719
₽59746
₽42275
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
57 105
pensions
-
-
-
9 423
total
-
-
-
66 528
Employee
95 822
-
169 325
-
health
1 579
-
2 393
-
income
17 273
-
45 454
-
pensions
9 244
-
11 477
-
total
28 096
-
59 324
-
Employer
95 822
-
169 325
-
pensions
11 314
-
21 457
-
health
1 820
-
3 218
-
total
13 134
-
24 675
-
Corporate
85 044
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.

16 158
36 861
-
-
total
16 158
36 861
-
-
Dividends
68 886
157 139
-
-
withholding
5 167
31 835
-
-
total
5 167
31 835
-
-
Income
194 000
194 000
194 000
194 000
Total tax
62 555
68 696
83 999
66 528
After tax
131 445
125 304
110 001
127 472
Living cost
67 726
67 726
67 726
67 726
Free-cash
63 719
57 578
42 275
59 746

Estimated living cost  is ₽67726 per week

₽50749
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7957
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8470
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

The only visa which will gain you entry to the UK as a freelancer is Tier 1 (with an exception of EU nationals or long-term UK residence permit holders, up until Brexit). There are two Tier 1 visa pathways.

You can either apply for an Entrepreneur visa which requires an investment of at least £200000 and creating two full time jobs, or choose an Exceptional Talent visa, which has no financial requirements but is more difficult to obtain.

Source of data for London model

Close
Varna , Bulgaria
₽152631
₽147941
₽142244
₽150025
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
38 517
Employee
17 531
-
187 080
-
health
806
-
1 622
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
income
1 753
-
18 708
-
pensions

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

1 539
-
3 097
-
total
4 291
-
23 815
-
Employer
17 531
-
187 080
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
unemployment
105
-
212
-
pensions

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

1 932
-
3 887
-
health
1 210
-
2 434
-
total
3 440
-
6 921
-
Corporate
173 029
194 000
-
-
income
17 303
19 400
-
-
total
17 303
19 400
-
-
Dividends
155 727
174 600
-
-
withholding
7 786
8 730
-
-
total
7 786
8 730
-
-
Income
194 000
194 000
194 000
194 000
Total tax
32 820
28 130
30 736
38 517
After tax
161 180
165 870
163 264
155 483
Living cost
13 239
13 239
13 239
13 239
Free-cash
147 941
152 631
150 025
142 244

Estimated living cost  is ₽13239 per week

₽7729
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽945
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽351
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4214
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Varna model

Close
Amsterdam , Netherlands
₽40332
₽42867
₽50014
₽67008
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
63 757
pensions
-
-
-
11 824
health
-
-
-
12 444
total
-
-
-
88 025
Employee
93 564
86 180
175 245
-
health
11 673
11 251
12 444
-
income

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

14 106
14 106
28 008
-
pensions
11 824
11 824
11 824
-
total
37 603
37 181
52 276
-
Employer
93 564
86 180
175 245
-
unemployment
3 369
3 102
3 855
-
pensions
6 511
5 998
7 456
-
health
6 502
5 990
7 444
-
total
16 382
15 090
18 755
-
Corporate
84 054
92 729
-
-
income
16 811
18 546
-
-
total
16 811
18 546
-
-
Dividends
67 243
74 183
-
-
income
14 289
15 763
-
-
withholding
10 087
11 127
-
-
total
24 376
26 890
-
-
Income
194 000
194 000
194 000
194 000
Total tax
95 172
97 707
71 031
88 025
After tax
98 828
96 293
122 969
105 975
Living cost
55 961
55 961
55 961
55 961
Free-cash
42 867
40 332
67 008
50 014

Estimated living cost  is ₽55961 per week

₽41280
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4998
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽642
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9041
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Amsterdam model

Close
Brno , Czech Republic
₽109398
₽100776
₽87930
₽79780
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
19 954
health
-
-
-
26 190
solidarity contribution
-
-
-
974
social contributions
-
-
-
34 781
total
-
-
-
81 899
Employee
35 546
-
150 662
-
social contributions
2 310
-
7 742
-
health
4 799
-
20 339
-
solidarity contribution
-
-
243
-
income
4 265
-
18 387
-
total
11 374
-
46 711
-
Employer
35 546
-
150 662
-
social contributions
8 886
-
29 778
-
health
3 199
-
13 560
-
total
12 085
-
43 338
-
Corporate
146 369
194 000
-
-
income
27 810
36 860
-
-
total
27 810
36 860
-
-
Dividends
118 559
157 140
-
-
withholding
17 784
23 571
-
-
total
17 784
23 571
-
-
Income
194 000
194 000
194 000
194 000
Total tax
69 053
60 431
90 049
81 899
After tax
124 947
133 569
103 951
112 101
Living cost
24 171
24 171
24 171
24 171
Free-cash
100 776
109 398
79 780
87 930

Estimated living cost  is ₽24171 per week

₽16789
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.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5187
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60923
₽55656
₽49176
₽40422
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
194 000
municipal
-
-
-
1 153
regional
-
-
-
2 306
national
-
-
-
48 885
social contributions
-
-
-
49 896
total
-
-
-
102 240
Employee
89 690
-
194 000
-
social contributions
30 243
-
65 416
-
regional
846
-
2 038
-
municipal
475
-
1 028
-
national
15 541
-
42 512
-
total
47 105
-
110 994
-
Employer
89 690
-
194 000
-
total
-
-
-
-
Corporate
104 310
194 000
-
-
nationa
25 034
46 560
-
-
municipal
4 068
7 567
-
-
total
29 102
54 127
-
-
Dividends
75 208
139 873
-
-
withholding
19 553
36 366
-
-
total
19 553
36 366
-
-
Income
194 000
194 000
194 000
194 000
Total tax
95 760
90 493
110 994
102 240
After tax
98 240
103 507
83 006
91 760
Living cost
42 584
42 584
42 584
42 584
Free-cash
55 656
60 923
40 422
49 176

Estimated living cost  is ₽42584 per week

₽29684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2792
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽653
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9453
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99757
₽96617
₽69321
₽63152
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
56 599
pensions
-
-
-
26 938
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
9 562
surtax
-
-
-
9 081
total
-
-
-
102 410
Employee
33 373
-
165 649
-
other
-
-
-
-
health
852
-
3 434
-
surtax
109
-
7 873
-
income
5 594
-
50 563
-
pensions
2 225
-
8 984
-
unemployment
2 323
-
9 374
-
total
11 103
-
80 228
-
Employer
33 373
-
165 649
-
other
-
-
-
-
unemployment
1 057
-
4 269
-
pensions
4 449
-
17 954
-
health
1 519
-
6 128
-
total
7 025
-
28 351
-
Corporate
153 602
194 000
-
-
income
39 936
50 440
-
-
total
39 936
50 440
-
-
Dividends
113 666
143 560
-
-
withholding
17 050
21 534
-
-
total
17 050
21 534
-
-
Income
194 000
194 000
194 000
194 000
Total tax
75 114
71 974
108 579
102 410
After tax
118 886
122 026
85 421
91 590
Living cost
22 269
22 269
22 269
22 269
Free-cash
96 617
99 757
63 152
69 321

Estimated living cost  is ₽22269 per week

₽13616
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2055
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6084
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Thessaloniki model

Close
Cambridge , United Kingdom
₽79035
₽85727
₽81203
₽63732
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
57 105
pensions
-
-
-
9 423
total
-
-
-
66 528
Employee
64 218
-
169 325
-
health
932
-
2 393
-
income
11 566
-
45 454
-
pensions
5 451
-
11 477
-
total
17 949
-
59 324
-
Employer
64 218
-
169 325
-
pensions
6 952
-
21 457
-
health
1 220
-
3 218
-
total
8 172
-
24 675
-
Corporate
121 611
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.

23 105
36 861
-
-
total
23 105
36 861
-
-
Dividends
98 506
157 139
-
-
withholding
12 778
31 835
-
-
total
12 778
31 835
-
-
Income
194 000
194 000
194 000
194 000
Total tax
62 004
68 696
83 999
66 528
After tax
131 996
125 304
110 001
127 472
Living cost
46 269
46 269
46 269
46 269
Free-cash
85 727
79 035
63 732
81 203

Estimated living cost  is ₽46269 per week

₽34664
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3468
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7652
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽12436
₽45073
₽79307
₽71014
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
city
-
-
-
2 045
pensions
-
-
-
17 846
other

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

-
-
-
3 881
regional
-
-
-
10 167
health
-
-
-
437
national
-
-
-
4 043
total
-
-
-
38 419
Employee
89 260
-
173 899
-
city
958
-
1 871
-
regional
2 923
-
8 859
-
health
202
-
392
-
pensions
7 499
-
14 320
-
unemployment
-
-
-
-
national
422
-
3 081
-
total
12 004
-
28 523
-
Employer
89 260
-
173 899
-
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.

1 785
-
3 477
-
unemployment
-
-
-
-
pensions
7 499
-
14 320
-
health
202
-
392
-
total
9 486
-
18 189
-
Corporate
94 273
194 000
-
-
regional
19 939
41 031
-
-
national
8 012
16 491
-
-
total
27 951
57 522
-
-
Dividends
66 322
136 478
-
-
withholding
23 212
47 768
-
-
total
23 212
47 768
-
-
Income
194 000
194 000
194 000
194 000
Total tax
72 653
105 290
46 712
38 419
After tax
121 347
88 710
147 288
155 581
Living cost
76 274
76 274
76 274
76 274
Free-cash
45 073
12 436
71 014
79 307

Estimated living cost  is ₽76274 per week

₽49600
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6845
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽936
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18893
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽49593
₽65958
₽50486
₽75710
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
194 000
trade
-
-
-
25 224
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.

-
-
-
61 768
health

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

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

-
-
-
6 894
surtax

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

-
-
-
3 397
total
-
-
-
97 283
Employee

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

60 650
-
194 000
-
health

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

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

6 894
-
6 894
-
surtax

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

393
-
3 397
-
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.

7 132
-
61 768
-
total
14 419
-
72 059
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
133 350
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.

1 099
1 601
-
-
income
20 003
29 100
-
-
trade
22 870
33 271
-
-
chamber of commerce
341
427
-
-
total
44 313
64 399
-
-
Dividends
89 036
129 600
-
-
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.

1 203
1 760
-
-
withholding
21 876
32 017
-
-
total
23 079
33 777
-
-
Income
194 000
194 000
194 000
194 000
Total tax
81 811
98 176
72 059
97 283
After tax
112 189
95 824
121 941
96 717
Living cost
46 231
46 231
46 231
46 231
Free-cash
65 958
49 593
75 710
50 486

Estimated living cost  is ₽46231 per week

₽33765
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3698
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽601
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8168
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63249
₽69211
₽74494
₽70240
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
31 681
pensions
-
-
-
33 046
other
-
-
-
6 013
health
-
-
-
8 710
surtax
-
-
-
-
social contributions
-
-
-
5 529
total
-
-
-
84 979
Employee
43 191
-
149 422
-
social contributions
1 231
-
4 257
-
surtax
-
-
-
-
income
2 549
-
29 707
-
pensions
4 884
-
10 690
-
total
8 664
-
44 654
-
Employer
43 191
-
149 422
-
other
1 490
-
5 957
-
social contributions
130
-
448
-
unemployment
1 748
-
6 052
-
pensions
7 095
-
17 941
-
health
3 024
-
14 181
-
total
13 487
-
44 579
-
Corporate
137 320
194 000
-
-
surtax
-
-
-
-
income
38 450
54 320
-
-
total
38 450
54 320
-
-
Dividends
98 871
139 680
-
-
surtax
-
-
-
-
social contributions
17 006
24 025
-
-
withholding
12 655
17 879
-
-
total
29 661
41 904
-
-
Income
194 000
194 000
194 000
194 000
Total tax
90 262
96 224
89 233
84 979
After tax
103 738
97 776
104 767
109 021
Living cost
34 527
34 527
34 527
34 527
Free-cash
69 211
63 249
70 240
74 494

Estimated living cost  is ₽34527 per week

₽21771
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2808
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽588
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9363
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66669
₽72274
₽77914
₽73660
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
31 681
pensions
-
-
-
33 046
other
-
-
-
6 013
health
-
-
-
8 710
surtax
-
-
-
-
social contributions
-
-
-
5 529
total
-
-
-
84 979
Employee
38 554
-
149 422
-
social contributions
1 099
-
4 257
-
surtax
-
-
-
-
income
1 988
-
29 707
-
pensions
4 361
-
10 690
-
total
7 448
-
44 654
-
Employer
38 554
-
149 422
-
other
1 331
-
5 957
-
social contributions
115
-
448
-
unemployment
1 561
-
6 052
-
pensions
6 335
-
17 941
-
health
2 698
-
14 181
-
total
12 040
-
44 579
-
Corporate
143 405
194 000
-
-
surtax
-
-
-
-
income
40 154
54 320
-
-
total
40 154
54 320
-
-
Dividends
103 251
139 680
-
-
surtax
-
-
-
-
social contributions
17 761
24 025
-
-
withholding
13 216
17 879
-
-
total
30 977
41 904
-
-
Income
194 000
194 000
194 000
194 000
Total tax
90 619
96 224
89 233
84 979
After tax
103 381
97 776
104 767
109 021
Living cost
31 107
31 107
31 107
31 107
Free-cash
72 274
66 669
73 660
77 914

Estimated living cost  is ₽31107 per week

₽18040
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3160
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9317
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96959
₽97482
₽103188
₽98710
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
13 542
social contributions
-
-
-
26 771
total
-
-
-
69 413
Employee
34 217
-
194 000
-
social contributions
4 723
-
26 771
-
health
2 388
-
13 542
-
income
5 707
-
33 578
-
total
12 818
-
73 891
-
Employer
34 217
-
194 000
-
total
-
-
-
-
Corporate
159 783
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%.

7 990
9 700
-
-
total
7 990
9 700
-
-
Dividends
151 793
184 300
-
-
health
10 594
12 864
-
-
social contributions
20 948
25 433
-
-
withholding
22 769
27 645
-
-
total
54 311
65 942
-
-
Income
194 000
194 000
194 000
194 000
Total tax
75 119
75 642
73 891
69 413
After tax
118 881
118 358
120 109
124 587
Living cost
21 399
21 399
21 399
21 399
Free-cash
97 482
96 959
98 710
103 188

Estimated living cost  is ₽21399 per week

₽14321
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1320
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5265
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71623
₽70062
₽64055
₽15650
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
776
income
-
-
-
56 391
pensions
-
-
-
21 811
unemployment
-
-
-
6 190
health
-
-
-
9 018
surtax
-
-
-
199
total
-
-
-
94 385
Employee
50 434
40 217
157 013
-
other
504
402
1 180
-
health
1 952
1 557
4 562
-
income
5 742
2 967
46 158
-
pensions
5 165
4 117
12 073
-
unemployment
1 513
1 207
3 537
-
total
14 876
10 250
67 510
-
Employer
50 434
40 217
157 013
-
accident
655
523
1 532
-
other
2 396
1 909
7 124
-
chamber of commerce
201
161
628
-
unemployment
1 513
1 207
3 537
-
surtax
199
199
199
-
pensions
6 329
5 048
14 796
-
payroll
1 513
1 207
4 711
-
health
1 906
1 521
4 456
-
total
14 712
11 775
36 983
-
Corporate
128 854
142 009
153 185
-
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.

32 214
35 502
38 297
-
total
32 214
35 502
38 297
-
Dividends
96 640
106 506
-
-
withholding
26 576
29 290
-
-
total
26 576
29 290
-
-
Income
194 000
194 000
194 000
194 000
Total tax
88 378
86 817
142 790
94 385
After tax
105 622
107 183
51 210
99 615
Living cost
35 560
35 560
35 560
35 560
Free-cash
70 062
71 623
15 650
64 055

Estimated living cost  is ₽35560 per week

₽23717
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3034
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8225
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

As a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit), you can apply for permanent residence when your business creates macroeconomic benefit. This could be an investment starting from €100,000, creating new jobs or securing existing ones, or making a substantial contribution to the region's economy. You can also be considered with a transfer of know-how to Austria or an evident commitment to develop an innovative product or technology.

Source of data for Vienna model

Close
Brussels , Belgium
₽71509
₽56534
₽47415
₽30603
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
74 498
communal

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

-
-
-
10 131
social contributions
-
-
-
25 160
total
-
-
-
109 789
Employee

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

72 187
-
150 257
-
communal

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

3 765
-
7 837
-
health

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

3 392
-
7 061
-
pensions

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

5 414
-
11 269
-
unemployment

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

628
-
1 308
-
national
22 193
-
55 387
-
total
35 392
-
82 862
-
Employer

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

72 187
-
150 257
-
accident

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

938
-
1 953
-
unemployment

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

1 053
-
2 193
-
surtax
8 185
-
17 041
-
pensions

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

6 396
-
13 312
-
health

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

4 439
-
9 240
-
total
21 011
-
43 739
-
Corporate
100 800
194 000
-
-
surtax
404
781
-
-
income
20 160
39 024
-
-
total
20 564
39 805
-
-
Dividends
80 235
154 194
-
-
withholding

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

23 703
45 890
-
-
total
23 703
45 890
-
-
Income
194 000
194 000
194 000
194 000
Total tax
100 670
85 695
126 601
109 789
After tax
93 330
108 305
67 399
84 211
Living cost
36 796
36 796
36 796
36 796
Free-cash
56 534
71 509
30 603
47 415

Estimated living cost  is ₽36796 per week

₽23701
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3217
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽576
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9302
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92672
₽85759
₽72243
₽68009
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
843
income
-
-
-
57 248
pensions
-
-
-
26 471
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
85 311
Employee
50 235
-
164 180
-
other
50
-
94
-
income
10 599
-
53 783
-
pensions
2 361
-
4 397
-
unemployment
779
-
1 450
-
total
13 789
-
59 724
-
Employer
50 235
-
164 180
-
accident
994
-
1 852
-
other
400
-
749
-
unemployment
2 764
-
5 144
-
pensions
11 855
-
22 076
-
total
16 013
-
29 821
-
Corporate
127 753
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.

19 163
29 100
-
-
total
19 163
29 100
-
-
Dividends
108 591
164 900
-
-
withholding
22 830
35 782
-
-
total
22 830
35 782
-
-
Income
194 000
194 000
194 000
194 000
Total tax
71 795
64 882
89 545
85 311
After tax
122 205
129 118
104 455
108 689
Living cost
36 446
36 446
36 446
36 446
Free-cash
85 759
92 672
68 009
72 243

Estimated living cost  is ₽36446 per week

₽26838
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2585
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6496
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Barcelona model

Close
Luxembourg , Luxembourg
₽57452
₽44038
₽39253
₽46988
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 636
income
-
-
-
33 680
pensions
-
-
-
29 079
health
-
-
-
13 630
surtax
-
-
-
9 618
communal
-
-
-
12 261
total
-
-
-
99 904
Employee
76 425
-
173 292
-
health
3 401
-
7 712
-
surtax
4 684
-
10 619
-
income
7 382
-
39 265
-
pensions
6 113
-
13 864
-
total
21 580
-
71 460
-
Employer
76 425
-
173 292
-
accident
688
-
1 559
-
pensions
6 113
-
13 864
-
health
2 331
-
5 286
-
total
9 132
-
20 709
-
Corporate
108 444
194 000
-
-
surtax
1 139
2 038
-
-
communal
7 320
13 096
-
-
income
16 267
29 100
-
-
total
24 726
44 234
-
-
Dividends
83 718
149 767
-
-
income
27 124
15 007
-
-
withholding
12 557
22 464
-
-
total
39 681
37 471
-
-
Income
194 000
194 000
194 000
194 000
Total tax
95 119
81 705
92 169
99 904
After tax
98 881
112 295
101 831
94 096
Living cost
54 843
54 843
54 843
54 843
Free-cash
44 038
57 452
46 988
39 253

Estimated living cost  is ₽54843 per week

₽41140
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3323
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9798
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99359
₽96149
₽68923
₽62754
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
56 599
pensions
-
-
-
26 938
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
9 562
surtax
-
-
-
9 081
total
-
-
-
102 410
Employee
33 986
-
165 649
-
other
-
-
-
-
health
868
-
3 434
-
surtax
121
-
7 873
-
income
5 697
-
50 563
-
pensions
2 267
-
8 984
-
unemployment
2 365
-
9 374
-
total
11 318
-
80 228
-
Employer
33 986
-
165 649
-
other
-
-
-
-
unemployment
1 078
-
4 269
-
pensions
4 531
-
17 954
-
health
1 545
-
6 128
-
total
7 154
-
28 351
-
Corporate
152 859
194 000
-
-
income
39 744
50 440
-
-
total
39 744
50 440
-
-
Dividends
113 115
143 560
-
-
withholding
16 968
21 534
-
-
total
16 968
21 534
-
-
Income
194 000
194 000
194 000
194 000
Total tax
75 184
71 974
108 579
102 410
After tax
118 816
122 026
85 421
91 590
Living cost
22 667
22 667
22 667
22 667
Free-cash
96 149
99 359
62 754
68 923

Estimated living cost  is ₽22667 per week

₽13685
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1971
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6486
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Athens model

Close
Naples , Italy
₽74784
₽72544
₽63956
₽55250
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
194 000
municipal
-
-
-
1 153
regional
-
-
-
2 925
national
-
-
-
48 885
social contributions
-
-
-
49 896
total
-
-
-
102 859
Employee
55 981
-
194 000
-
social contributions
18 877
-
65 416
-
regional
754
-
2 609
-
municipal
297
-
1 028
-
national
8 869
-
42 512
-
total
28 797
-
111 565
-
Employer
55 981
-
194 000
-
total
-
-
-
-
Corporate
138 019
194 000
-
-
nationa
33 124
46 560
-
-
municipal
6 860
9 643
-
-
total
39 984
56 203
-
-
Dividends
98 035
137 797
-
-
withholding
25 490
35 828
-
-
total
25 490
35 828
-
-
Income
194 000
194 000
194 000
194 000
Total tax
94 271
92 031
111 565
102 859
After tax
99 729
101 969
82 435
91 141
Living cost
27 185
27 185
27 185
27 185
Free-cash
72 544
74 784
55 250
63 956

Estimated living cost  is ₽27185 per week

₽16907
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2754
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7059
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Naples model

Close
Prague , Czech Republic
₽103784
₽93159
₽82316
₽74166
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
19 954
health
-
-
-
26 190
solidarity contribution
-
-
-
974
social contributions
-
-
-
34 781
total
-
-
-
81 899
Employee
43 801
-
150 662
-
social contributions
2 847
-
7 742
-
health
5 913
-
20 339
-
solidarity contribution
-
-
243
-
income
5 256
-
18 387
-
total
14 016
-
46 711
-
Employer
43 801
-
150 662
-
social contributions
10 950
-
29 778
-
health
3 942
-
13 560
-
total
14 892
-
43 338
-
Corporate
135 306
194 000
-
-
income
25 708
36 860
-
-
total
25 708
36 860
-
-
Dividends
109 598
157 140
-
-
withholding
16 440
23 571
-
-
total
16 440
23 571
-
-
Income
194 000
194 000
194 000
194 000
Total tax
71 056
60 431
90 049
81 899
After tax
122 944
133 569
103 951
112 101
Living cost
29 785
29 785
29 785
29 785
Free-cash
93 159
103 784
74 166
82 316

Estimated living cost  is ₽29785 per week

₽22150
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1650
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5470
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75095
₽74597
₽67617
₽19063
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
776
income
-
-
-
56 391
pensions
-
-
-
21 811
unemployment
-
-
-
6 190
health
-
-
-
9 018
surtax
-
-
-
-
total
-
-
-
94 186
Employee
44 114
40 217
157 201
-
other
440
402
1 180
-
health
1 706
1 557
4 562
-
income
3 930
2 967
46 248
-
pensions
4 518
4 117
12 073
-
unemployment
1 323
1 207
3 537
-
total
11 917
10 250
67 600
-
Employer
44 114
40 217
157 201
-
accident
573
523
1 532
-
other
2 095
1 909
7 132
-
chamber of commerce
176
161
628
-
unemployment
1 323
1 207
3 537
-
surtax
-
-
-
-
pensions
5 537
5 048
14 796
-
payroll
1 323
1 207
4 717
-
health
1 668
1 521
4 456
-
total
12 695
11 576
36 798
-
Corporate
137 190
142 208
153 371
-
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.

34 298
35 552
38 342
-
total
34 298
35 552
38 342
-
Dividends
102 893
106 656
-
-
withholding
28 296
29 330
-
-
total
28 296
29 330
-
-
Income
194 000
194 000
194 000
194 000
Total tax
87 206
86 708
142 740
94 186
After tax
106 794
107 292
51 260
99 814
Living cost
32 197
32 197
32 197
32 197
Free-cash
74 597
75 095
19 063
67 617

Estimated living cost  is ₽32197 per week

₽19314
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3288
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽9020
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

As a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit), you can apply for permanent residence when your business creates macroeconomic benefit. This could be an investment starting from €100,000, creating new jobs or securing existing ones, or making a substantial contribution to the region's economy. You can also be considered with a transfer of know-how to Austria or an evident commitment to develop an innovative product or technology.

Source of data for Graz model

Close
Tbilisi , Georgia
₽170151
₽167498
₽177911
₽141051
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
17 686
-
194 000
-
income
3 537
-
38 800
-
total
3 537
-
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%.

176 314
194 000
-
-
total
-
-
-
-
Dividends
176 314
194 000
-
-
withholding
8 816
9 700
-
-
total
8 816
9 700
-
-
Income
194 000
194 000
194 000
194 000
Total tax
12 353
9 700
38 800
1 940
After tax
181 647
184 300
155 200
192 060
Living cost
14 149
14 149
14 149
14 149
Free-cash
167 498
170 151
141 051
177 911

Estimated living cost  is ₽14149 per week

₽9575
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽594
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3505
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Source of data for Tbilisi model

Close
Ljubljana , Slovenia
₽106500
₽98059
₽66484
₽61716
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
45 636
pensions
-
-
-
35 430
unemployment
-
-
-
291
health
-
-
-
19 090
total
-
-
-
100 447
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.

44 626
-
167 863
-
health
2 882
-
10 845
-
income
7 696
-
41 977
-
pensions
6 917
-
26 019
-
unemployment
63
-
236
-
total
17 558
-
79 077
-
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.

44 626
-
167 863
-
unemployment
27
-
102
-
pensions
3 949
-
14 856
-
health
2 972
-
11 180
-
total
6 948
-
26 138
-
Corporate
142 426
194 000
-
-
income
27 061
36 860
-
-
total
27 061
36 860
-
-
Dividends
115 365
157 140
-
-
withholding
17 305
23 571
-
-
total
17 305
23 571
-
-
Income
194 000
194 000
194 000
194 000
Total tax
68 872
60 431
105 215
100 447
After tax
125 128
133 569
88 785
93 553
Living cost
27 069
27 069
27 069
27 069
Free-cash
98 059
106 500
61 716
66 484

Estimated living cost  is ₽27069 per week

₽18577
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1735
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6234
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74446
₽26399
₽90485
₽137128
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
62 493
-
-
-
social contributions
5 124
-
730
-
income
13 785
-
-
-
total
18 909
-
730
-
Employer
62 493
-
-
-
social contributions
88 116
-
12 558
-
total
88 116
-
12 558
-
Corporate
43 391
194 000
-
-
income
9 546
42 680
-
-
total
9 546
42 680
-
-
Dividends
33 845
151 320
-
-
income
7 446
33 290
-
-
total
7 446
33 290
-
-
Income
194 000
194 000
194 000
194 000
Total tax
124 017
75 970
13 288
59 931
After tax
69 983
118 030
180 712
134 069
Living cost
43 584
43 584
43 584
43 584
Free-cash
26 399
74 446
137 128
90 485

Estimated living cost  is ₽43584 per week

₽28279
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4099
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10650
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78693
₽77676
₽71200
₽56491
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 729
surtax
-
-
-
-
social contributions

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

-
-
-
67 416
total
-
-
-
91 145
Employee
46 415
-
156 768
-
social contributions
5 106
-
17 244
-
surtax
-
-
-
-
income
9 654
-
51 378
-
total
14 760
-
68 622
-
Employer
46 415
-
156 768
-
social contributions
11 023
-
37 232
-
total
11 023
-
37 232
-
Corporate
136 562
194 000
-
-
surtax
-
-
-
-
income
28 679
40 740
-
-
total
28 679
40 740
-
-
Dividends
107 883
153 260
-
-
withholding
30 207
42 912
-
-
total
30 207
42 912
-
-
Income
194 000
194 000
194 000
194 000
Total tax
84 669
83 652
105 854
91 145
After tax
109 331
110 348
88 146
102 855
Living cost
31 655
31 655
31 655
31 655
Free-cash
77 676
78 693
56 491
71 200

Estimated living cost  is ₽31655 per week

₽23684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1867
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽529
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5575
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Lisbon model

Close
Paris , France
₽49034
₽55972
₽60279
₽56025
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
31 681
pensions
-
-
-
33 046
other
-
-
-
6 013
health
-
-
-
8 710
surtax
-
-
-
-
social contributions
-
-
-
5 529
total
-
-
-
84 979
Employee
63 207
-
149 422
-
social contributions
1 800
-
4 257
-
surtax
-
-
-
-
income
5 515
-
29 707
-
pensions
7 149
-
10 690
-
total
14 464
-
44 654
-
Employer
63 207
-
149 422
-
other
2 181
-
5 957
-
social contributions
190
-
448
-
unemployment
2 561
-
6 052
-
pensions
10 386
-
17 941
-
health
4 424
-
14 181
-
total
19 742
-
44 579
-
Corporate
111 052
194 000
-
-
surtax
-
-
-
-
income
31 094
54 320
-
-
total
31 094
54 320
-
-
Dividends
79 958
139 680
-
-
surtax
-
-
-
-
social contributions
13 752
24 025
-
-
withholding
10 234
17 879
-
-
total
23 986
41 904
-
-
Income
194 000
194 000
194 000
194 000
Total tax
89 286
96 224
89 233
84 979
After tax
104 714
97 776
104 767
109 021
Living cost
48 742
48 742
48 742
48 742
Free-cash
55 972
49 034
56 025
60 279

Estimated living cost  is ₽48742 per week

₽32988
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3987
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽668
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11098
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽144264
₽140874
₽111981
₽117136
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 003
social contributions
-
-
-
42 680
total
-
-
-
51 683
Employee
32 444
-
167 966
-
income
-
-
9 576
-
social contributions
2 109
-
10 918
-
total
2 109
-
20 494
-
Employer
32 444
-
167 966
-
social contributions
5 029
-
26 034
-
total
5 029
-
26 034
-
Corporate
156 527
194 000
-
-
income
15 652
19 400
-
-
total
15 652
19 400
-
-
Dividends
140 875
174 600
-
-
total
-
-
-
-
Income
194 000
194 000
194 000
194 000
Total tax
22 790
19 400
46 528
51 683
After tax
171 210
174 600
147 472
142 317
Living cost
30 336
30 336
30 336
30 336
Free-cash
140 874
144 264
117 136
111 981

Estimated living cost  is ₽30336 per week

₽19615
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2287
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7863
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Andorra has a limit of 1000 sole-trade resident permits per year, so while it isn't complicated to obtain one, it may get difficult by the end of the term.

Source of data for Andorra model

Close
Copenhagen , Denmark
-₽25973
-₽25973
₽64860
-₽25973
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
194 000
municipal
-
-
-
40 891
pensions
-
-
-
875
national
-
-
-
23 301
labour market
-
-
-
15 450
total
-
-
-
80 517
Employee
205 227
205 227
205 227
-
labour market
16 395
16 395
16 395
-
national
25 072
25 072
25 072
-
municipal
43 702
43 702
43 702
-
pensions
292
292
292
-
total
85 461
85 461
85 461
-
Employer
205 227
205 227
205 227
-
labour market
16 418
16 418
16 418
-
municipal
43 772
43 772
43 772
-
pensions
583
583
583
-
national
25 116
25 116
25 116
-
total
85 889
85 889
85 889
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
194 000
194 000
194 000
194 000
Total tax
171 350
171 350
171 350
80 517
After tax
22 650
22 650
22 650
113 483
Living cost
48 623
48 623
48 623
48 623
Free-cash
-25 973
-25 973
-25 973
64 860

Estimated living cost  is ₽48623 per week

₽33278
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4301
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽748
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10296
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6032
₽12380
₽110811
₽84239
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
253
income
-
-
-
54 456
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
61 443
Employee
34 209
-
175 708
-
health
3 917
-
20 118
-
income
4 693
-
41 951
-
pensions
3 852
-
7 654
-
total
12 462
-
69 723
-
Employer
34 209
-
175 708
-
accident
571
-
2 934
-
unemployment
838
-
4 305
-
pensions
5 562
-
11 053
-
total
6 971
-
18 292
-
Corporate
152 820
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.

137 538
174 600
-
-
total
137 538
174 600
-
-
Dividends
15 282
19 400
-
-
withholding
2 903
3 686
-
-
total
2 903
3 686
-
-
Income
194 000
194 000
194 000
194 000
Total tax
159 874
178 286
88 015
61 443
After tax
34 126
15 714
105 985
132 557
Living cost
21 746
21 746
21 746
21 746
Free-cash
12 380
-6 032
84 239
110 811

Estimated living cost  is ₽21746 per week

₽15829
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1240
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4269
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Krakow model

Close
Helsinki , Finland
₽81811
₽84736
₽84024
₽61806
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
194 000
municipal
-
-
-
34 459
health
-
-
-
2 566
national
-
-
-
34 206
total
-
-
-
71 231
Employee
53 095
-
163 203
-
health
396
-
2 091
-
municipal
8 697
-
26 576
-
pensions
3 583
-
11 016
-
unemployment
797
-
2 448
-
national
877
-
20 523
-
total
14 350
-
62 654
-
Employer
53 095
-
163 203
-
accident
54
-
163
-
unemployment
345
-
1 061
-
pensions
9 212
-
28 315
-
health
408
-
1 256
-
total
10 019
-
30 795
-
Corporate
130 887
194 000
-
-
income
26 178
38 800
-
-
total
26 178
38 800
-
-
Dividends

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

78 532
116 400
-
-
national
5 837
13 693
-
-
municipal
14 135
20 951
-
-
total
19 972
34 644
-
-
Income
194 000
194 000
194 000
194 000
Total tax
70 519
73 444
93 449
71 231
After tax
123 481
120 556
100 551
122 769
Living cost
38 745
38 745
38 745
38 745
Free-cash
84 736
81 811
61 806
84 024

Estimated living cost  is ₽38745 per week

₽25308
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽617
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9095
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽118106
₽112615
₽108421
₽106758
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
40 939
health
-
-
-
4 947
social contributions
-
-
-
16 328
total
-
-
-
62 214
Employee
77 601
77 601
181 946
-
social contributions
2 934
6 441
8 687
-
health
601
1 320
3 093
-
income
8 449
7 184
40 043
-
total
11 984
14 945
51 823
-
Employer
77 601
77 601
181 946
-
social contributions
2 934
6 441
8 687
-
health
653
1 436
3 367
-
total
3 587
7 877
12 054
-
Corporate
155 063
108 522
-
-
income
19 383
13 565
-
-
total
19 383
13 565
-
-
Dividends
135 680
94 957
-
-
withholding
23 066
16 142
-
-
total
23 066
16 142
-
-
Income
194 000
194 000
194 000
194 000
Total tax
58 020
52 529
63 877
62 214
After tax
135 980
141 471
130 123
131 786
Living cost
23 365
23 365
23 365
23 365
Free-cash
112 615
118 106
106 758
108 421

Estimated living cost  is ₽23365 per week

₽14003
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2292
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6554
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽144629
₽139494
₽148006
₽127763
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
19 871
pensions
-
-
-
6 419
unemployment
-
-
-
29
health
-
-
-
3 652
total
-
-
-
29 971
Employee

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

23 164
-
184 137
-
health
1 969
-
8 139
-
income
1 584
-
17 370
-
pensions
3 474
-
14 363
-
unemployment
115
-
479
-
total
7 142
-
40 351
-
Employer

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

23 164
-
184 137
-
unemployment
115
-
479
-
pensions
1 274
-
5 267
-
health
996
-
4 117
-
total
2 385
-
9 863
-
Corporate
168 451
194 000
-
-
income
15 160
17 460
-
-
total
15 160
17 460
-
-
Dividends
153 291
176 540
-
-
withholding
13 796
15 888
-
-
total
13 796
15 888
-
-
Income
194 000
194 000
194 000
194 000
Total tax
38 483
33 348
50 214
29 971
After tax
155 517
160 652
143 786
164 029
Living cost
16 023
16 023
16 023
16 023
Free-cash
139 494
144 629
127 763
148 006

Estimated living cost  is ₽16023 per week

₽10223
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1155
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4167
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Podgorica model

Close
Valencia , Spain
₽101367
₽96913
₽80938
₽76704
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
843
income
-
-
-
57 248
pensions
-
-
-
26 471
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
85 311
Employee
37 315
-
164 180
-
other
36
-
94
-
income
7 194
-
53 783
-
pensions
1 754
-
4 397
-
unemployment
578
-
1 450
-
total
9 562
-
59 724
-
Employer
37 315
-
164 180
-
accident
739
-
1 852
-
other
299
-
749
-
unemployment
2 053
-
5 144
-
pensions
8 806
-
22 076
-
total
11 897
-
29 821
-
Corporate
144 788
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.

21 717
29 100
-
-
total
21 717
29 100
-
-
Dividends
123 071
164 900
-
-
withholding
26 160
35 782
-
-
total
26 160
35 782
-
-
Income
194 000
194 000
194 000
194 000
Total tax
69 336
64 882
89 545
85 311
After tax
124 664
129 118
104 455
108 689
Living cost
27 751
27 751
27 751
27 751
Free-cash
96 913
101 367
76 704
80 938

Estimated living cost  is ₽27751 per week

₽18732
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2668
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5866
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Valencia model

Close
Istanbul , Turkey
₽118300
₽117846
₽121726
₽121528
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
66 051
pensions
-
-
-
2 010
health
-
-
-
1 457
total
-
-
-
69 518
Employee
4 198
-
191 738
-
health
210
-
503
-
income
812
-
65 945
-
pensions
378
-
905
-
unemployment
42
-
101
-
total
1 442
-
67 454
-
Employer
4 198
-
191 738
-
unemployment
84
-
201
-
pensions
462
-
1 106
-
health
399
-
955
-
total
945
-
2 262
-
Corporate
188 858
194 000
-
-
income
41 549
42 680
-
-
total
41 549
42 680
-
-
Dividends
147 309
151 320
-
-
withholding
29 462
30 264
-
-
total
29 462
30 264
-
-
Income
194 000
194 000
194 000
194 000
Total tax
73 398
72 944
69 716
69 518
After tax
120 602
121 056
124 284
124 482
Living cost
2 756
2 756
2 756
2 756
Free-cash
117 846
118 300
121 528
121 726

Estimated living cost  is ₽2756 per week

₽1638
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽63
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽832
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Istanbul model

Close
Belgrade , Serbia
₽122712
₽117747
₽104070
₽104071
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
44 284
pensions
-
-
-
19 392
unemployment
-
-
-
1 119
health
-
-
-
7 682
total
-
-
-
72 477
Employee

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

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

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

26 319
-
180 649
-
health
1 355
-
3 841
-
income
3 628
-
44 284
-
pensions
3 685
-
10 442
-
unemployment
197
-
559
-
total
8 865
-
59 126
-
Employer

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

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

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

26 319
-
180 649
-
unemployment
197
-
559
-
pensions
3 158
-
8 950
-
health
1 355
-
3 841
-
total
4 710
-
13 350
-
Corporate
162 970
194 000
-
-
income
24 446
29 100
-
-
total
24 446
29 100
-
-
Dividends
138 525
164 900
-
-
withholding
20 779
24 735
-
-
total
20 779
24 735
-
-
Income
194 000
194 000
194 000
194 000
Total tax
58 800
53 835
72 476
72 477
After tax
135 200
140 165
121 524
121 523
Living cost
17 453
17 453
17 453
17 453
Free-cash
117 747
122 712
104 071
104 070

Estimated living cost  is ₽17453 per week

₽11751
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1350
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽505
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3847
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Belgrade model

Close
Porto , Portugal
₽83141
₽82777
₽75648
₽60939
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 729
surtax
-
-
-
-
social contributions

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

-
-
-
67 416
total
-
-
-
91 145
Employee
39 169
-
156 768
-
social contributions
4 309
-
17 244
-
surtax
-
-
-
-
income
7 653
-
51 378
-
total
11 962
-
68 622
-
Employer
39 169
-
156 768
-
social contributions
9 302
-
37 232
-
total
9 302
-
37 232
-
Corporate
145 530
194 000
-
-
surtax
-
-
-
-
income
30 561
40 740
-
-
total
30 561
40 740
-
-
Dividends
114 968
153 260
-
-
withholding
32 191
42 912
-
-
total
32 191
42 912
-
-
Income
194 000
194 000
194 000
194 000
Total tax
84 016
83 652
105 854
91 145
After tax
109 984
110 348
88 146
102 855
Living cost
27 207
27 207
27 207
27 207
Free-cash
82 777
83 141
60 939
75 648

Estimated living cost  is ₽27207 per week

₽19270
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1890
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5565
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Porto model

Close
Madrid , Spain
₽93651
₽87048
₽73222
₽68988
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
843
income
-
-
-
57 248
pensions
-
-
-
26 471
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
85 311
Employee
48 739
-
164 180
-
other
48
-
94
-
income
10 180
-
53 783
-
pensions
2 290
-
4 397
-
unemployment
755
-
1 450
-
total
13 273
-
59 724
-
Employer
48 739
-
164 180
-
accident
965
-
1 852
-
other
391
-
749
-
unemployment
2 681
-
5 144
-
pensions
11 502
-
22 076
-
total
15 539
-
29 821
-
Corporate
129 722
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.

19 458
29 100
-
-
total
19 458
29 100
-
-
Dividends
110 264
164 900
-
-
withholding
23 215
35 782
-
-
total
23 215
35 782
-
-
Income
194 000
194 000
194 000
194 000
Total tax
71 485
64 882
89 545
85 311
After tax
122 515
129 118
104 455
108 689
Living cost
35 467
35 467
35 467
35 467
Free-cash
87 048
93 651
68 988
73 222

Estimated living cost  is ₽35467 per week

₽25471
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2758
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6739
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Madrid model

Close
Sofia , Bulgaria
₽148499
₽142346
₽138112
₽145893
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
38 517
Employee
23 001
-
187 080
-
health
1 058
-
1 622
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
income
2 300
-
18 708
-
pensions

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

2 019
-
3 097
-
total
5 630
-
23 815
-
Employer
23 001
-
187 080
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
unemployment
138
-
212
-
pensions

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

2 535
-
3 887
-
health
1 587
-
2 434
-
total
4 513
-
6 921
-
Corporate
166 486
194 000
-
-
income
16 648
19 400
-
-
total
16 648
19 400
-
-
Dividends
149 838
174 600
-
-
withholding
7 492
8 730
-
-
total
7 492
8 730
-
-
Income
194 000
194 000
194 000
194 000
Total tax
34 283
28 130
30 736
38 517
After tax
159 717
165 870
163 264
155 483
Living cost
17 371
17 371
17 371
17 371
Free-cash
142 346
148 499
145 893
138 112

Estimated living cost  is ₽17371 per week

₽11489
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽994
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽414
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4474
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sofia model

Close
Berlin , Germany
₽60852
₽74057
₽61873
₽82979
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
194 000
trade
-
-
-
21 106
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.

-
-
-
61 768
health

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

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

-
-
-
6 894
surtax

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

-
-
-
3 397
total
-
-
-
93 165
Employee

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

50 213
-
194 000
-
health

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

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

6 894
-
6 894
-
surtax

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

228
-
3 397
-
income

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

4 129
-
61 768
-
total
11 251
-
72 059
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
143 787
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.

1 185
1 601
-
-
income
21 568
29 100
-
-
trade
20 633
27 838
-
-
chamber of commerce
364
439
-
-
total
43 750
58 978
-
-
Dividends
100 036
135 022
-
-
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.

1 354
1 835
-
-
withholding
24 626
33 373
-
-
total
25 980
35 208
-
-
Income
194 000
194 000
194 000
194 000
Total tax
80 981
94 186
72 059
93 165
After tax
113 019
99 814
121 941
100 835
Living cost
38 962
38 962
38 962
38 962
Free-cash
74 057
60 852
82 979
61 873

Estimated living cost  is ₽38962 per week

₽26877
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4192
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7327
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Berlin model

Close
Dublin , Ireland
₽78315
₽80540
₽42850
₽42850
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
60 920
social contributions
-
-
-
32 743
total
-
-
-
93 663
Employee
78 941
-
194 000
-
income
14 896
-
60 920
-
social contributions
6 558
-
32 743
-
total
21 454
-
93 663
-
Employer
78 941
-
194 000
-
total
-
-
-
-
Corporate
115 059
194 000
-
-
income
14 383
24 249
-
-
total
14 383
24 249
-
-
Dividends
100 677
169 751
-
-
withholding
20 136
33 949
-
-
total
20 136
33 949
-
-
Income
194 000
194 000
194 000
194 000
Total tax
55 973
58 198
93 663
93 663
After tax
138 027
135 802
100 337
100 337
Living cost
57 487
57 487
57 487
57 487
Free-cash
80 540
78 315
42 850
42 850

Estimated living cost  is ₽57487 per week

₽43735
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4684
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8518
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

To obtain permanent residence for non EEA/Swiss nationals, it is required to invest a huge amount - at least €1 million aggregate investment into a new or an existing Irish business, for a minimum of three years.

Source of data for Dublin model

Close
Sliema , Malta
₽84134
₽87662
₽121525
₽100313
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
6 741
total
-
-
-
35 841
Employee
46 295
-
189 358
-
income
5 023
-
47 769
-
social contributions
4 638
-
4 642
-
total
9 661
-
52 411
-
Employer
46 295
-
189 358
-
social contributions
4 638
-
4 642
-
total
4 638
-
4 642
-
Corporate
143 066
194 000
-
-
income
50 073
67 900
-
-
total
50 073
67 900
-
-
Dividends
92 994
126 100
-
-
social contributions
5 332
5 332
-
-
total
5 332
5 332
-
-
Income
194 000
194 000
194 000
194 000
Total tax
69 704
73 232
57 053
35 841
After tax
124 296
120 768
136 947
158 159
Living cost
36 634
36 634
36 634
36 634
Free-cash
87 662
84 134
100 313
121 525

Estimated living cost  is ₽36634 per week

₽24130
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2888
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9053
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87689
₽93685
₽89857
₽72386
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
57 105
pensions
-
-
-
9 423
total
-
-
-
66 528
Employee
51 632
-
169 325
-
health
674
-
2 393
-
income
9 403
-
45 454
-
pensions
3 941
-
11 477
-
total
14 018
-
59 324
-
Employer
51 632
-
169 325
-
pensions
5 216
-
21 457
-
health
981
-
3 218
-
total
6 197
-
24 675
-
Corporate
136 170
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.

25 873
36 861
-
-
total
25 873
36 861
-
-
Dividends
110 298
157 139
-
-
withholding
16 612
31 835
-
-
total
16 612
31 835
-
-
Income
194 000
194 000
194 000
194 000
Total tax
62 700
68 696
83 999
66 528
After tax
131 300
125 304
110 001
127 472
Living cost
37 615
37 615
37 615
37 615
Free-cash
93 685
87 689
72 386
89 857

Estimated living cost  is ₽37615 per week

₽25804
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3459
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7879
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

The only visa which will gain you entry to the UK as a freelancer is Tier 1 (with an exception of EU nationals or long-term UK residence permit holders, up until Brexit). There are two Tier 1 visa pathways.

You can either apply for an Entrepreneur visa which requires an investment of at least £200000 and creating two full time jobs, or choose an Exceptional Talent visa, which has no financial requirements but is more difficult to obtain.

Source of data for Edinburgh model

Close
Warsaw , Poland
-₽8186
₽12048
₽108657
₽82085
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
253
income
-
-
-
54 456
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
61 443
Employee
37 595
-
175 708
-
health
4 304
-
20 118
-
income
5 158
-
41 951
-
pensions
4 233
-
7 654
-
total
13 695
-
69 723
-
Employer
37 595
-
175 708
-
accident
628
-
2 934
-
unemployment
921
-
4 305
-
pensions
6 113
-
11 053
-
total
7 662
-
18 292
-
Corporate
148 744
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.

133 869
174 600
-
-
total
133 869
174 600
-
-
Dividends
14 875
19 400
-
-
withholding
2 826
3 686
-
-
total
2 826
3 686
-
-
Income
194 000
194 000
194 000
194 000
Total tax
158 052
178 286
88 015
61 443
After tax
35 948
15 714
105 985
132 557
Living cost
23 900
23 900
23 900
23 900
Free-cash
12 048
-8 186
82 085
108 657

Estimated living cost  is ₽23900 per week

₽17540
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1393
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4486
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽134779
₽144898
₽103755
₽125948
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
work injury
-
-
-
807
health insurance
-
-
-
11 943
income
-
-
-
32 231
pensions
-
-
-
29 696
unemployment
-
-
-
1 937
total
-
-
-
76 614
Employee

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

21 810
-
194 000
-
work injury
109
-
403
-
income
2 181
-
32 231
-
pensions
4 013
-
14 848
-
health insurance
1 614
-
5 971
-
unemployment
262
-
968
-
total
8 179
-
54 421
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
172 190
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%.

1 722
19 400
-
-
total
1 722
19 400
-
-
Dividends
170 468
174 600
-
-
withholding
25 570
26 190
-
-
total
25 570
26 190
-
-
Income
194 000
194 000
194 000
194 000
Total tax
35 471
45 590
54 421
76 614
After tax
158 529
148 410
139 579
117 386
Living cost
13 631
13 631
13 631
13 631
Free-cash
144 898
134 779
125 948
103 755

Estimated living cost  is ₽13631 per week

₽8445
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽991
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽425
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3771
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

Close
Rome , Italy
₽61983
₽57393
₽49258
₽40753
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
194 000
municipal
-
-
-
1 297
regional
-
-
-
4 461
national
-
-
-
48 885
social contributions
-
-
-
49 896
total
-
-
-
104 539
Employee
85 040
-
194 000
-
social contributions
28 675
-
65 416
-
regional
1 284
-
3 959
-
municipal
508
-
1 157
-
national
14 371
-
42 512
-
total
44 838
-
113 044
-
Employer
85 040
-
194 000
-
total
-
-
-
-
Corporate
108 960
194 000
-
-
nationa
26 151
46 560
-
-
municipal
5 251
9 351
-
-
total
31 402
55 911
-
-
Dividends
77 558
138 088
-
-
withholding
20 164
35 903
-
-
total
20 164
35 903
-
-
Income
194 000
194 000
194 000
194 000
Total tax
96 404
91 814
113 044
104 539
After tax
97 596
102 186
80 956
89 461
Living cost
40 203
40 203
40 203
40 203
Free-cash
57 393
61 983
40 753
49 258

Estimated living cost  is ₽40203 per week

₽28240
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2765
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽607
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8589
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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