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
₽ 196000
per

Your estimated
City
free-cash

Dresden , Germany
₽68261
₽79423
₽69009
₽92489
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
196 000
trade
-
-
-
23 480
income

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

-
-
-
62 609
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.

-
-
-
3 443
total
-
-
-
96 426
Employee

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

38 597
-
196 000
-
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
-
3 443
-
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
-
62 609
-
total
8 031
-
72 946
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
157 403
196 000
-
-
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.

1 298
1 616
-
-
income
23 610
29 401
-
-
trade
24 791
30 870
-
-
chamber of commerce
379
435
-
-
total
50 078
62 322
-
-
Dividends
107 324
133 679
-
-
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.

1 455
1 817
-
-
withholding
26 448
33 035
-
-
total
27 903
34 852
-
-
Income
196 000
196 000
196 000
196 000
Total tax
86 012
97 174
72 946
96 426
After tax
109 988
98 826
123 054
99 574
Living cost
30 565
30 565
30 565
30 565
Free-cash
79 423
68 261
92 489
69 009

Estimated living cost  is ₽30565 per week

₽19226
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.
₽7204
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71314
₽70465
₽62858
₽63910
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
196 000
municipal
-
-
-
21 605
pensions
-
-
-
23 520
national
-
-
-
34 920
social contributions
-
-
-
2 107
total
-
-
-
82 152
Employee
79 044
-
169 440
-
municipal
9 763
-
22 364
-
pensions
3 162
-
6 778
-
national
15 129
-
36 582
-
total
28 054
-
65 724
-
Employer
79 044
-
169 440
-
social contributions
850
-
1 821
-
pensions
6 324
-
13 555
-
total
7 174
-
15 376
-
Corporate
104 566
196 000
-
-
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%.

20 913
39 200
-
-
total
20 913
39 200
-
-
Dividends
83 653
156 800
-
-
withholding
18 404
34 496
-
-
total
18 404
34 496
-
-
Income
196 000
196 000
196 000
196 000
Total tax
74 545
73 696
81 100
82 152
After tax
121 455
122 304
114 900
113 848
Living cost
50 990
50 990
50 990
50 990
Free-cash
70 465
71 314
63 910
62 858

Estimated living cost  is ₽50990 per week

₽34657
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
₽135806
₽127527
₽48211
₽62589
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
196 000
microenterprise
-
-
-
-
income
-
-
-
38 152
surtax
-
-
-
49 979
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.

-
-
-
38 664
total
-
-
-
126 795
Employee
29 487
-
150 475
-
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
-
13 229
-
surtax
-
-
21 819
-
income
5 249
-
31 844
-
total
8 493
-
66 892
-
Employer
29 487
-
150 475
-
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
-
28 972
-
surtax
-
-
16 553
-
total
7 103
-
45 525
-
Corporate
159 410
196 000
-
-
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%.

31 883
39 200
-
-
total
31 883
39 200
-
-
Dividends

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

127 528
156 800
-
-
total
-
-
-
-
Income
196 000
196 000
196 000
196 000
Total tax
47 479
39 200
112 417
126 795
After tax
148 521
156 800
83 583
69 205
Living cost
20 994
20 994
20 994
20 994
Free-cash
127 527
135 806
62 589
48 211

Estimated living cost  is ₽20994 per week

₽13393
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
₽55039
₽48854
₽64665
₽82162
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
196 000
income
-
-
-
64 795
pensions
-
-
-
11 823
health
-
-
-
12 444
total
-
-
-
89 062
Employee
86 174
86 174
177 247
-
health
13 227
11 251
12 444
-
income

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

14 105
14 105
28 544
-
pensions
15 511
11 823
11 823
-
total
42 843
37 179
52 811
-
Employer
86 174
86 174
177 247
-
unemployment
3 102
3 102
3 855
-
pensions
5 998
5 998
7 455
-
health
5 990
5 990
7 444
-
total
15 090
15 090
18 754
-
Corporate
95 793
94 735
-
-
income
19 159
18 947
-
-
total
19 159
18 947
-
-
Dividends
76 633
75 789
-
-
income
16 285
16 105
-
-
withholding
11 496
11 367
-
-
total
27 781
27 472
-
-
Income
196 000
196 000
196 000
196 000
Total tax
104 873
98 688
71 565
89 062
After tax
91 127
97 312
124 435
106 938
Living cost
42 273
42 273
42 273
42 273
Free-cash
48 854
55 039
82 162
64 665

Estimated living cost  is ₽42273 per week

₽29958
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.
₽7832
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68027
₽67151
₽60184
₽59237
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
196 000
municipal
-
-
-
51 065
accident
-
-
-
171
pensions
-
-
-
9 237
other
-
-
-
9 929
unemployment
-
-
-
85
health
-
-
-
5 332
national
-
-
-
21 008
total
-
-
-
96 827
Employee
55 556
-
169 151
-
municipal
16 567
-
50 441
-
national
-
-
20 485
-
total
16 567
-
70 926
-
Employer
55 556
-
169 151
-
accident
111
-
171
-
other
6 456
-
9 929
-
unemployment
1 467
-
2 256
-
pensions
6 006
-
9 237
-
health
3 417
-
5 255
-
total
17 457
-
26 848
-
Corporate
122 988
196 000
-
-
income
27 057
43 120
-
-
total
27 057
43 120
-
-
Dividends
95 931
152 880
-
-
withholding
28 779
45 864
-
-
total
28 779
45 864
-
-
Income
196 000
196 000
196 000
196 000
Total tax
89 860
88 984
97 774
96 827
After tax
106 140
107 016
98 226
99 173
Living cost
38 989
38 989
38 989
38 989
Free-cash
67 151
68 027
59 237
60 184

Estimated living cost  is ₽38989 per week

₽25841
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
₽58174
₽72354
₽58889
₽83412
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
196 000
trade
-
-
-
24 523
income

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

-
-
-
62 609
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.

-
-
-
3 443
total
-
-
-
97 469
Employee

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

51 174
-
196 000
-
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
-
3 443
-
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
-
62 609
-
total
11 532
-
72 946
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
144 826
196 000
-
-
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.

1 195
1 616
-
-
income
21 724
29 401
-
-
trade
23 824
32 243
-
-
chamber of commerce
360
433
-
-
total
47 103
63 693
-
-
Dividends
97 723
132 308
-
-
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.

1 323
1 798
-
-
withholding
24 046
32 693
-
-
total
25 369
34 491
-
-
Income
196 000
196 000
196 000
196 000
Total tax
84 004
98 184
72 946
97 469
After tax
111 996
97 816
123 054
98 531
Living cost
39 642
39 642
39 642
39 642
Free-cash
72 354
58 174
83 412
58 889

Estimated living cost  is ₽39642 per week

₽26513
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4180
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.
₽8357
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽110194
₽106008
₽100322
₽98647
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
196 000
income
-
-
-
41 622
health
-
-
-
4 998
social contributions
-
-
-
16 327
total
-
-
-
62 947
Employee
77 596
77 596
183 911
-
social contributions
3 771
6 440
8 686
-
health
772
1 319
3 127
-
income
8 148
7 183
40 720
-
total
12 691
14 942
52 533
-
Employer
77 596
77 596
183 911
-
social contributions
3 771
6 440
8 686
-
health
841
1 436
3 403
-
total
4 612
7 876
12 089
-
Corporate
145 967
110 527
-
-
income
18 246
13 817
-
-
total
18 246
13 817
-
-
Dividends
127 721
96 711
-
-
withholding
21 712
16 440
-
-
total
21 712
16 440
-
-
Income
196 000
196 000
196 000
196 000
Total tax
57 261
53 075
64 622
62 947
After tax
138 739
142 925
131 378
133 053
Living cost
32 731
32 731
32 731
32 731
Free-cash
106 008
110 194
98 647
100 322

Estimated living cost  is ₽32731 per week

₽22375
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.
₽7250
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91730
₽92109
₽117444
₽95288
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
196 000
income
-
-
-
23 961
pensions
-
-
-
19 600
unemployment
-
-
-
2 940
health
-
-
-
13 720
total
-
-
-
60 221
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.

26 467
10 533
164 017
-
health
1 853
737
11 481
-
income
3 236
1 288
20 051
-
pensions
2 647
1 053
16 402
-
unemployment
397
158
2 460
-
total
8 133
3 236
50 394
-
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.

26 467
10 533
164 017
-
pensions
5 161
2 054
31 983
-
total
5 161
2 054
31 983
-
Corporate
164 372
183 413
-
-
income
14 794
16 507
-
-
total
14 794
16 507
-
-
Dividends
149 579
166 906
-
-
social contributions
29 048
32 426
-
-
withholding
28 420
31 712
-
-
total
57 468
64 138
-
-
Income
196 000
196 000
196 000
196 000
Total tax
85 556
85 935
82 377
60 221
After tax
110 444
110 065
113 623
135 779
Living cost
18 335
18 335
18 335
18 335
Free-cash
92 109
91 730
95 288
117 444

Estimated living cost  is ₽18335 per week

₽12512
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.
₽3956
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽132426
₽126155
₽80681
₽88598
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
196 000
income
-
-
-
26 264
pensions
-
-
-
39 200
health
-
-
-
25 481
total
-
-
-
90 945
Employee
28 627
-
146 488
-
income
3 223
-
28 242
-
pensions
573
-
2 930
-
unemployment
458
-
2 344
-
total
4 254
-
33 516
-
Employer
28 627
-
146 488
-
unemployment
230
-
1 172
-
pensions
5 726
-
29 297
-
health
3 721
-
19 043
-
total
9 677
-
49 512
-
Corporate
157 697
196 000
-
-
income
31 540
39 200
-
-
total
31 540
39 200
-
-
Dividends
126 157
156 800
-
-
total
-
-
-
-
Income
196 000
196 000
196 000
196 000
Total tax
45 471
39 200
83 028
90 945
After tax
150 529
156 800
112 972
105 055
Living cost
24 374
24 374
24 374
24 374
Free-cash
126 155
132 426
88 598
80 681

Estimated living cost  is ₽24374 per week

₽16718
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.
₽5714
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6195
₽12490
₽111846
₽85070
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
196 000
accident
-
-
-
253
income
-
-
-
55 096
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
62 083
Employee
34 719
-
177 629
-
health
3 975
-
20 338
-
income
4 763
-
42 496
-
pensions
3 909
-
7 654
-
total
12 647
-
70 488
-
Employer
34 719
-
177 629
-
accident
580
-
2 966
-
unemployment
851
-
4 352
-
pensions
5 646
-
11 053
-
total
7 077
-
18 371
-
Corporate
154 206
196 000
-
-
income

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

138 785
176 400
-
-
total
138 785
176 400
-
-
Dividends
15 420
19 600
-
-
withholding
2 930
3 724
-
-
total
2 930
3 724
-
-
Income
196 000
196 000
196 000
196 000
Total tax
161 439
180 124
88 859
62 083
After tax
34 561
15 876
107 141
133 917
Living cost
22 071
22 071
22 071
22 071
Free-cash
12 490
-6 195
85 070
111 846

Estimated living cost  is ₽22071 per week

₽16176
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
₽177121
₽175419
₽184961
₽147721
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
196 000
microenterprise

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

-
-
-
1 960
total
-
-
-
1 960
Employee
11 349
-
196 000
-
income
2 269
-
39 200
-
total
2 269
-
39 200
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

184 651
196 000
-
-
total
-
-
-
-
Dividends
184 651
196 000
-
-
withholding
9 233
9 800
-
-
total
9 233
9 800
-
-
Income
196 000
196 000
196 000
196 000
Total tax
11 502
9 800
39 200
1 960
After tax
184 498
186 200
156 800
194 040
Living cost
9 079
9 079
9 079
9 079
Free-cash
175 419
177 121
147 721
184 961

Estimated living cost  is ₽9079 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
₽117111
₽110299
₽86229
₽84537
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
196 000
income
-
-
-
32 013
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.

-
-
-
36 829
other
-
-
-
7 288
health
-
-
-
6 752
total
-
-
-
82 882
Employee
36 640
-
157 300
-
health
513
-
2 149
-
income
6 308
-
31 450
-
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
-
10 741
-
unemployment
366
-
1 534
-
total
9 751
-
45 874
-
Employer
36 640
-
157 300
-
accident
293
-
1 258
-
other
1 833
-
7 671
-
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.

6 229
-
26 088
-
health
513
-
2 149
-
total
9 234
-
38 700
-
Corporate
150 126
196 000
-
-
income
31 526
41 161
-
-
total
31 526
41 161
-
-
Dividends
118 600
154 839
-
-
withholding
8 301
10 839
-
-
total
8 301
10 839
-
-
Income
196 000
196 000
196 000
196 000
Total tax
58 812
52 000
84 574
82 882
After tax
137 188
144 000
111 426
113 118
Living cost
26 889
26 889
26 889
26 889
Free-cash
110 299
117 111
84 537
86 229

Estimated living cost  is ₽26889 per week

₽18999
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1815
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
₽58676
₽65223
₽60927
₽43285
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
196 000
income
-
-
-
57 888
pensions
-
-
-
9 463
total
-
-
-
67 351
Employee
95 816
-
171 054
-
health
1 579
-
2 411
-
income
17 272
-
46 127
-
pensions
9 244
-
11 510
-
total
28 095
-
60 048
-
Employer
95 816
-
171 054
-
pensions
11 313
-
21 696
-
health
1 820
-
3 249
-
total
13 133
-
24 945
-
Corporate
87 051
196 000
-
-
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.

16 540
37 240
-
-
total
16 540
37 240
-
-
Dividends
70 510
158 760
-
-
withholding
5 287
32 362
-
-
total
5 287
32 362
-
-
Income
196 000
196 000
196 000
196 000
Total tax
63 055
69 602
84 993
67 351
After tax
132 945
126 398
111 007
128 649
Living cost
67 722
67 722
67 722
67 722
Free-cash
65 223
58 676
43 285
60 927

Estimated living cost  is ₽67722 per week

₽50745
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
₽154341
₽149651
₽143944
₽151825
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
196 000
income
-
-
-
29 400
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
-
-
-
38 817
Employee
17 531
-
189 080
-
health
806
-
1 622
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
income
1 753
-
18 908
-
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
-
24 015
-
Employer
17 531
-
189 080
-
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
175 029
196 000
-
-
income
17 503
19 600
-
-
total
17 503
19 600
-
-
Dividends
157 527
176 400
-
-
withholding
7 876
8 820
-
-
total
7 876
8 820
-
-
Income
196 000
196 000
196 000
196 000
Total tax
33 110
28 420
30 936
38 817
After tax
162 890
167 580
165 064
157 183
Living cost
13 239
13 239
13 239
13 239
Free-cash
149 651
154 341
151 825
143 944

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
₽41355
₽43892
₽50981
₽68478
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
196 000
income
-
-
-
64 795
pensions
-
-
-
11 823
health
-
-
-
12 444
total
-
-
-
89 062
Employee
93 558
86 174
177 247
-
health
11 672
11 251
12 444
-
income

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

14 105
14 105
28 544
-
pensions
11 823
11 823
11 823
-
total
37 600
37 179
52 811
-
Employer
93 558
86 174
177 247
-
unemployment
3 368
3 102
3 855
-
pensions
6 511
5 998
7 455
-
health
6 501
5 990
7 444
-
total
16 380
15 090
18 754
-
Corporate
86 061
94 735
-
-
income
17 212
18 947
-
-
total
17 212
18 947
-
-
Dividends
68 850
75 789
-
-
income
14 631
16 105
-
-
withholding
10 328
11 367
-
-
total
24 959
27 472
-
-
Income
196 000
196 000
196 000
196 000
Total tax
96 151
98 688
71 565
89 062
After tax
99 849
97 312
124 435
106 938
Living cost
55 957
55 957
55 957
55 957
Free-cash
43 892
41 355
68 478
50 981

Estimated living cost  is ₽55957 per week

₽41278
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
₽110779
₽102156
₽89286
₽81024
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
196 000
income
-
-
-
20 215
health
-
-
-
26 460
solidarity contribution
-
-
-
1 097
social contributions
-
-
-
34 775
total
-
-
-
82 547
Employee
35 540
-
152 501
-
social contributions
2 310
-
7 741
-
health
4 798
-
20 588
-
solidarity contribution
-
-
355
-
income
4 265
-
18 626
-
total
11 373
-
47 310
-
Employer
35 540
-
152 501
-
social contributions
8 885
-
29 774
-
health
3 199
-
13 725
-
total
12 084
-
43 499
-
Corporate
148 377
196 000
-
-
income
28 192
37 240
-
-
total
28 192
37 240
-
-
Dividends
120 185
158 760
-
-
withholding
18 028
23 814
-
-
total
18 028
23 814
-
-
Income
196 000
196 000
196 000
196 000
Total tax
69 677
61 054
90 809
82 547
After tax
126 323
134 946
105 191
113 453
Living cost
24 167
24 167
24 167
24 167
Free-cash
102 156
110 779
81 024
89 286

Estimated living cost  is ₽24167 per week

₽16787
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1719
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.
₽5186
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61991
₽56725
₽49987
₽41171
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
196 000
municipal
-
-
-
1 164
regional
-
-
-
2 333
national
-
-
-
49 523
social contributions
-
-
-
50 412
total
-
-
-
103 432
Employee
89 684
-
196 000
-
social contributions
30 241
-
66 092
-
regional
846
-
2 061
-
municipal
475
-
1 040
-
national
15 540
-
43 055
-
total
47 102
-
112 248
-
Employer
89 684
-
196 000
-
total
-
-
-
-
Corporate
106 316
196 000
-
-
nationa
25 515
47 040
-
-
municipal
4 146
7 645
-
-
total
29 661
54 685
-
-
Dividends
76 655
141 316
-
-
withholding
19 931
36 743
-
-
total
19 931
36 743
-
-
Income
196 000
196 000
196 000
196 000
Total tax
96 694
91 428
112 248
103 432
After tax
99 306
104 572
83 752
92 568
Living cost
42 581
42 581
42 581
42 581
Free-cash
56 725
61 991
41 171
49 987

Estimated living cost  is ₽42581 per week

₽29682
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.
₽9452
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽101016
₽97875
₽70242
₽64072
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
196 000
income
-
-
-
57 501
pensions
-
-
-
26 936
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
9 562
surtax
-
-
-
9 261
total
-
-
-
103 490
Employee
33 371
-
167 651
-
other
-
-
-
-
health
852
-
3 434
-
surtax
109
-
8 054
-
income
5 594
-
51 465
-
pensions
2 225
-
8 983
-
unemployment
2 323
-
9 374
-
total
11 103
-
81 310
-
Employer
33 371
-
167 651
-
other
-
-
-
-
unemployment
1 057
-
4 269
-
pensions
4 449
-
17 953
-
health
1 519
-
6 128
-
total
7 025
-
28 350
-
Corporate
155 605
196 000
-
-
income
40 458
50 960
-
-
total
40 458
50 960
-
-
Dividends
115 147
145 040
-
-
withholding
17 271
21 756
-
-
total
17 271
21 756
-
-
Income
196 000
196 000
196 000
196 000
Total tax
75 857
72 716
109 660
103 490
After tax
120 143
123 284
86 340
92 510
Living cost
22 268
22 268
22 268
22 268
Free-cash
97 875
101 016
64 072
70 242

Estimated living cost  is ₽22268 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
₽80132
₽86821
₽82383
₽64741
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
196 000
income
-
-
-
57 888
pensions
-
-
-
9 463
total
-
-
-
67 351
Employee
64 213
-
171 054
-
health
932
-
2 411
-
income
11 565
-
46 127
-
pensions
5 450
-
11 510
-
total
17 947
-
60 048
-
Employer
64 213
-
171 054
-
pensions
6 951
-
21 696
-
health
1 220
-
3 249
-
total
8 171
-
24 945
-
Corporate
123 616
196 000
-
-
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.

23 487
37 240
-
-
total
23 487
37 240
-
-
Dividends
100 128
158 760
-
-
withholding
13 308
32 362
-
-
total
13 308
32 362
-
-
Income
196 000
196 000
196 000
196 000
Total tax
62 913
69 602
84 993
67 351
After tax
133 087
126 398
111 007
128 649
Living cost
46 266
46 266
46 266
46 266
Free-cash
86 821
80 132
64 741
82 383

Estimated living cost  is ₽46266 per week

₽34662
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.
₽7651
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽13359
₽45992
₽80784
₽72504
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
196 000
city
-
-
-
2 067
pensions
-
-
-
18 033
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.

-
-
-
3 920
regional
-
-
-
10 329
health
-
-
-
441
national
-
-
-
4 160
total
-
-
-
38 950
Employee
89 251
-
175 746
-
city
958
-
1 892
-
regional
2 923
-
9 014
-
health
202
-
396
-
pensions
7 498
-
14 411
-
unemployment
-
-
-
-
national
422
-
3 196
-
total
12 003
-
28 909
-
Employer
89 251
-
175 746
-
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.

1 784
-
3 514
-
unemployment
-
-
-
-
pensions
7 498
-
14 411
-
health
202
-
396
-
total
9 484
-
18 321
-
Corporate
96 283
196 000
-
-
regional
20 364
41 454
-
-
national
8 184
16 660
-
-
total
28 548
58 114
-
-
Dividends
67 736
137 886
-
-
withholding
23 707
48 261
-
-
total
23 707
48 261
-
-
Income
196 000
196 000
196 000
196 000
Total tax
73 742
106 375
47 230
38 950
After tax
122 258
89 625
148 770
157 050
Living cost
76 266
76 266
76 266
76 266
Free-cash
45 992
13 359
72 504
80 784

Estimated living cost  is ₽76266 per week

₽49595
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6844
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.
₽18891
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽50581
₽66945
₽51259
₽76826
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
196 000
trade
-
-
-
25 567
income

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

-
-
-
62 609
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.

-
-
-
3 443
total
-
-
-
98 513
Employee

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

60 646
-
196 000
-
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
-
3 443
-
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.

7 131
-
62 609
-
total
14 418
-
72 946
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
135 354
196 000
-
-
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.

1 116
1 616
-
-
income
20 303
29 401
-
-
trade
23 213
33 614
-
-
chamber of commerce
343
429
-
-
total
44 975
65 060
-
-
Dividends
90 379
130 940
-
-
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.

1 222
1 779
-
-
withholding
22 212
32 352
-
-
total
23 434
34 131
-
-
Income
196 000
196 000
196 000
196 000
Total tax
82 827
99 191
72 946
98 513
After tax
113 173
96 809
123 054
97 487
Living cost
46 228
46 228
46 228
46 228
Free-cash
66 945
50 581
76 826
51 259

Estimated living cost  is ₽46228 per week

₽33763
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.
₽8167
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64259
₽70221
₽75416
₽71112
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
196 000
income
-
-
-
32 332
pensions
-
-
-
33 210
other
-
-
-
6 076
health
-
-
-
8 857
surtax
-
-
-
-
social contributions
-
-
-
5 584
total
-
-
-
86 059
Employee
43 189
-
150 858
-
social contributions
1 231
-
4 299
-
surtax
-
-
-
-
income
2 549
-
30 086
-
pensions
4 883
-
10 835
-
total
8 663
-
45 220
-
Employer
43 189
-
150 858
-
other
1 490
-
6 033
-
social contributions
130
-
452
-
unemployment
1 748
-
6 109
-
pensions
7 095
-
18 182
-
health
3 024
-
14 367
-
total
13 487
-
45 143
-
Corporate
139 324
196 000
-
-
surtax
-
-
-
-
income
39 010
54 880
-
-
total
39 010
54 880
-
-
Dividends
100 314
141 120
-
-
surtax
-
-
-
-
social contributions
17 254
24 272
-
-
withholding
12 840
18 064
-
-
total
30 094
42 336
-
-
Income
196 000
196 000
196 000
196 000
Total tax
91 254
97 216
90 363
86 059
After tax
104 746
98 784
105 637
109 941
Living cost
34 525
34 525
34 525
34 525
Free-cash
70 221
64 259
71 112
75 416

Estimated living cost  is ₽34525 per week

₽21770
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2807
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.
₽9362
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67679
₽73285
₽78836
₽74532
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
196 000
income
-
-
-
32 332
pensions
-
-
-
33 210
other
-
-
-
6 076
health
-
-
-
8 857
surtax
-
-
-
-
social contributions
-
-
-
5 584
total
-
-
-
86 059
Employee
38 552
-
150 858
-
social contributions
1 099
-
4 299
-
surtax
-
-
-
-
income
1 988
-
30 086
-
pensions
4 360
-
10 835
-
total
7 447
-
45 220
-
Employer
38 552
-
150 858
-
other
1 331
-
6 033
-
social contributions
115
-
452
-
unemployment
1 561
-
6 109
-
pensions
6 335
-
18 182
-
health
2 698
-
14 367
-
total
12 040
-
45 143
-
Corporate
145 409
196 000
-
-
surtax
-
-
-
-
income
40 715
54 880
-
-
total
40 715
54 880
-
-
Dividends
104 694
141 120
-
-
surtax
-
-
-
-
social contributions
18 007
24 272
-
-
withholding
13 401
18 064
-
-
total
31 408
42 336
-
-
Income
196 000
196 000
196 000
196 000
Total tax
91 610
97 216
90 363
86 059
After tax
104 390
98 784
105 637
109 941
Living cost
31 105
31 105
31 105
31 105
Free-cash
73 285
67 679
74 532
78 836

Estimated living cost  is ₽31105 per week

₽18039
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.
₽9316
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98179
₽98703
₽104473
₽99896
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
196 000
income
-
-
-
29 401
health
-
-
-
13 681
social contributions
-
-
-
27 047
total
-
-
-
70 129
Employee
34 215
-
196 000
-
social contributions
4 722
-
27 047
-
health
2 388
-
13 681
-
income
5 707
-
33 978
-
total
12 817
-
74 706
-
Employer
34 215
-
196 000
-
total
-
-
-
-
Corporate
161 785
196 000
-
-
income

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

8 089
9 801
-
-
total
8 089
9 801
-
-
Dividends
153 696
186 199
-
-
health
10 728
12 997
-
-
social contributions
21 210
25 695
-
-
withholding
23 055
27 930
-
-
total
54 993
66 622
-
-
Income
196 000
196 000
196 000
196 000
Total tax
75 899
76 423
74 706
70 129
After tax
120 101
119 577
121 294
125 871
Living cost
21 398
21 398
21 398
21 398
Free-cash
98 703
98 179
99 896
104 473

Estimated living cost  is ₽21398 per week

₽14320
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1319
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.
₽5264
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72718
₽71154
₽65090
₽16156
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
196 000
chamber of commerce
-
-
-
783
income
-
-
-
57 354
pensions
-
-
-
21 810
unemployment
-
-
-
6 189
health
-
-
-
9 018
surtax
-
-
-
199
total
-
-
-
95 353
Employee
50 431
40 215
158 880
-
other
504
402
1 180
-
health
1 951
1 557
4 561
-
income
5 741
2 966
47 055
-
pensions
5 165
4 117
12 072
-
unemployment
1 513
1 206
3 537
-
total
14 874
10 248
68 405
-
Employer
50 431
40 215
158 880
-
accident
655
523
1 532
-
other
2 396
1 909
7 198
-
chamber of commerce
201
161
636
-
unemployment
1 513
1 206
3 537
-
surtax
199
199
199
-
pensions
6 329
5 048
14 795
-
payroll
1 513
1 206
4 766
-
health
1 905
1 520
4 456
-
total
14 711
11 772
37 119
-
Corporate
130 858
144 012
155 050
-
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.

32 714
36 004
38 763
-
total
32 714
36 004
38 763
-
Dividends
98 144
108 008
-
-
withholding
26 990
29 701
-
-
total
26 990
29 701
-
-
Income
196 000
196 000
196 000
196 000
Total tax
89 289
87 725
144 287
95 353
After tax
106 711
108 275
51 713
100 647
Living cost
35 557
35 557
35 557
35 557
Free-cash
71 154
72 718
16 156
65 090

Estimated living cost  is ₽35557 per week

₽23715
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3033
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
₽72495
₽57650
₽48298
₽31191
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
196 000
national
-
-
-
75 498
communal

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

-
-
-
10 251
social contributions
-
-
-
25 159
total
-
-
-
110 908
Employee

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

72 183
-
151 808
-
communal

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

3 765
-
7 918
-
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.

3 391
-
7 135
-
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
-
11 387
-
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
-
1 321
-
national
22 192
-
56 061
-
total
35 390
-
83 822
-
Employer

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

72 183
-
151 808
-
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
-
1 974
-
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
-
2 216
-
surtax
8 185
-
17 216
-
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
-
13 451
-
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
-
9 336
-
total
21 011
-
44 193
-
Corporate
102 806
196 000
-
-
surtax
412
793
-
-
income
20 561
39 606
-
-
total
20 973
40 399
-
-
Dividends
81 833
155 601
-
-
withholding

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

24 182
46 312
-
-
total
24 182
46 312
-
-
Income
196 000
196 000
196 000
196 000
Total tax
101 556
86 711
128 015
110 908
After tax
94 444
109 289
67 985
85 092
Living cost
36 794
36 794
36 794
36 794
Free-cash
57 650
72 495
31 191
48 298

Estimated living cost  is ₽36794 per week

₽23700
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.
₽9301
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93984
₽87071
₽73346
₽69112
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
196 000
accident
-
-
-
843
income
-
-
-
58 150
pensions
-
-
-
26 469
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
86 211
Employee
50 231
-
166 182
-
other
50
-
94
-
income
10 598
-
54 685
-
pensions
2 361
-
4 397
-
unemployment
779
-
1 450
-
total
13 788
-
60 626
-
Employer
50 231
-
166 182
-
accident
994
-
1 852
-
other
400
-
749
-
unemployment
2 763
-
5 144
-
pensions
11 854
-
22 074
-
total
16 011
-
29 819
-
Corporate
129 758
196 000
-
-
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.

19 464
29 401
-
-
total
19 464
29 401
-
-
Dividends
110 294
166 599
-
-
withholding
23 223
36 172
-
-
total
23 223
36 172
-
-
Income
196 000
196 000
196 000
196 000
Total tax
72 486
65 573
90 445
86 211
After tax
123 514
130 427
105 555
109 789
Living cost
36 443
36 443
36 443
36 443
Free-cash
87 071
93 984
69 112
73 346

Estimated living cost  is ₽36443 per week

₽26837
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
₽58466
₽44999
₽40021
₽47835
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
196 000
accident
-
-
-
1 653
income
-
-
-
34 234
pensions
-
-
-
29 378
health
-
-
-
13 769
surtax
-
-
-
9 717
communal
-
-
-
12 388
total
-
-
-
101 139
Employee
76 419
-
175 077
-
health
3 401
-
7 792
-
surtax
4 684
-
10 730
-
income
7 381
-
39 875
-
pensions
6 113
-
14 006
-
total
21 579
-
72 403
-
Employer
76 419
-
175 077
-
accident
687
-
1 576
-
pensions
6 113
-
14 006
-
health
2 331
-
5 341
-
total
9 131
-
20 923
-
Corporate
110 450
196 000
-
-
surtax
1 160
2 059
-
-
communal
7 455
13 231
-
-
income
16 567
29 401
-
-
total
25 182
44 691
-
-
Dividends
85 268
151 310
-
-
income
27 480
15 307
-
-
withholding
12 790
22 696
-
-
total
40 270
38 003
-
-
Income
196 000
196 000
196 000
196 000
Total tax
96 162
82 694
93 326
101 139
After tax
99 838
113 306
102 674
94 861
Living cost
54 839
54 839
54 839
54 839
Free-cash
44 999
58 466
47 835
40 021

Estimated living cost  is ₽54839 per week

₽41138
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.
₽9797
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽100618
₽97409
₽69844
₽63674
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
196 000
income
-
-
-
57 501
pensions
-
-
-
26 936
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
9 562
surtax
-
-
-
9 261
total
-
-
-
103 490
Employee
33 983
-
167 651
-
other
-
-
-
-
health
867
-
3 434
-
surtax
121
-
8 054
-
income
5 697
-
51 465
-
pensions
2 267
-
8 983
-
unemployment
2 365
-
9 374
-
total
11 317
-
81 310
-
Employer
33 983
-
167 651
-
other
-
-
-
-
unemployment
1 078
-
4 269
-
pensions
4 531
-
17 953
-
health
1 545
-
6 128
-
total
7 154
-
28 350
-
Corporate
154 862
196 000
-
-
income
40 265
50 960
-
-
total
40 265
50 960
-
-
Dividends
114 598
145 040
-
-
withholding
17 189
21 756
-
-
total
17 189
21 756
-
-
Income
196 000
196 000
196 000
196 000
Total tax
75 925
72 716
109 660
103 490
After tax
120 075
123 284
86 340
92 510
Living cost
22 666
22 666
22 666
22 666
Free-cash
97 409
100 618
63 674
69 844

Estimated living cost  is ₽22666 per week

₽13684
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
₽75838
₽73599
₽64762
₽55992
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
196 000
municipal
-
-
-
1 164
regional
-
-
-
2 956
national
-
-
-
49 523
social contributions
-
-
-
50 412
total
-
-
-
104 055
Employee
55 977
-
196 000
-
social contributions
18 876
-
66 092
-
regional
754
-
2 638
-
municipal
297
-
1 040
-
national
8 868
-
43 055
-
total
28 795
-
112 825
-
Employer
55 977
-
196 000
-
total
-
-
-
-
Corporate
140 023
196 000
-
-
nationa
33 606
47 040
-
-
municipal
6 959
9 742
-
-
total
40 565
56 782
-
-
Dividends
99 458
139 219
-
-
withholding
25 858
36 197
-
-
total
25 858
36 197
-
-
Income
196 000
196 000
196 000
196 000
Total tax
95 218
92 979
112 825
104 055
After tax
100 782
103 021
83 175
91 945
Living cost
27 183
27 183
27 183
27 183
Free-cash
73 599
75 838
55 992
64 762

Estimated living cost  is ₽27183 per week

₽16906
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
₽105166
₽94542
₽83673
₽75411
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
196 000
income
-
-
-
20 215
health
-
-
-
26 460
solidarity contribution
-
-
-
1 097
social contributions
-
-
-
34 775
total
-
-
-
82 547
Employee
43 794
-
152 501
-
social contributions
2 847
-
7 741
-
health
5 912
-
20 588
-
solidarity contribution
-
-
355
-
income
5 255
-
18 626
-
total
14 014
-
47 310
-
Employer
43 794
-
152 501
-
social contributions
10 949
-
29 774
-
health
3 941
-
13 725
-
total
14 890
-
43 499
-
Corporate
137 316
196 000
-
-
income
26 090
37 240
-
-
total
26 090
37 240
-
-
Dividends
111 226
158 760
-
-
withholding
16 684
23 814
-
-
total
16 684
23 814
-
-
Income
196 000
196 000
196 000
196 000
Total tax
71 678
61 054
90 809
82 547
After tax
124 322
134 946
105 191
113 453
Living cost
29 780
29 780
29 780
29 780
Free-cash
94 542
105 166
75 411
83 673

Estimated living cost  is ₽29780 per week

₽22146
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.
₽5469
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76188
₽75688
₽68652
₽19570
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
196 000
chamber of commerce
-
-
-
783
income
-
-
-
57 354
pensions
-
-
-
21 810
unemployment
-
-
-
6 189
health
-
-
-
9 018
surtax
-
-
-
-
total
-
-
-
95 154
Employee
44 111
40 215
159 066
-
other
440
402
1 180
-
health
1 706
1 557
4 561
-
income
3 930
2 966
47 145
-
pensions
4 517
4 117
12 072
-
unemployment
1 323
1 206
3 537
-
total
11 916
10 248
68 495
-
Employer
44 111
40 215
159 066
-
accident
573
523
1 532
-
other
2 095
1 909
7 204
-
chamber of commerce
176
161
636
-
unemployment
1 323
1 206
3 537
-
surtax
-
-
-
-
pensions
5 536
5 048
14 795
-
payroll
1 323
1 206
4 772
-
health
1 668
1 520
4 456
-
total
12 694
11 573
36 932
-
Corporate
139 194
144 211
155 238
-
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.

34 799
36 053
38 809
-
total
34 799
36 053
38 809
-
Dividends
104 395
108 158
-
-
withholding
28 709
29 744
-
-
total
28 709
29 744
-
-
Income
196 000
196 000
196 000
196 000
Total tax
88 118
87 618
144 236
95 154
After tax
107 882
108 382
51 764
100 846
Living cost
32 194
32 194
32 194
32 194
Free-cash
75 688
76 188
19 570
68 652

Estimated living cost  is ₽32194 per week

₽19313
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.
₽574
Clothing and shoes. We estimate one pair of shoes and 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
₽172051
₽169398
₽179891
₽142651
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
196 000
microenterprise

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

-
-
-
1 960
total
-
-
-
1 960
Employee
17 686
-
196 000
-
income
3 537
-
39 200
-
total
3 537
-
39 200
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

178 314
196 000
-
-
total
-
-
-
-
Dividends
178 314
196 000
-
-
withholding
8 916
9 800
-
-
total
8 916
9 800
-
-
Income
196 000
196 000
196 000
196 000
Total tax
12 453
9 800
39 200
1 960
After tax
183 547
186 200
156 800
194 040
Living cost
14 149
14 149
14 149
14 149
Free-cash
169 398
172 051
142 651
179 891

Estimated living cost  is ₽14149 per week

₽9574
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
₽107877
₽99437
₽67200
₽62541
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
196 000
income
-
-
-
46 355
pensions
-
-
-
35 795
unemployment
-
-
-
295
health
-
-
-
19 288
total
-
-
-
101 733
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.

44 623
-
169 592
-
health
2 882
-
10 956
-
income
7 695
-
42 504
-
pensions
6 917
-
26 287
-
unemployment
63
-
237
-
total
17 557
-
79 984
-
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.

44 623
-
169 592
-
unemployment
27
-
101
-
pensions
3 949
-
15 010
-
health
2 972
-
11 297
-
total
6 948
-
26 408
-
Corporate
144 429
196 000
-
-
income
27 442
37 241
-
-
total
27 442
37 241
-
-
Dividends
116 987
158 759
-
-
withholding
17 549
23 815
-
-
total
17 549
23 815
-
-
Income
196 000
196 000
196 000
196 000
Total tax
69 496
61 056
106 392
101 733
After tax
126 504
134 944
89 608
94 267
Living cost
27 067
27 067
27 067
27 067
Free-cash
99 437
107 877
62 541
67 200

Estimated living cost  is ₽27067 per week

₽18575
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.
₽6233
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75681
₽27657
₽91887
₽139152
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
196 000
income
-
-
-
38 204
social contributions
-
-
-
22 344
total
-
-
-
60 548
Employee
62 466
-
-
-
social contributions
5 122
-
730
-
income
13 779
-
-
-
total
18 901
-
730
-
Employer
62 466
-
-
-
social contributions
88 077
-
12 553
-
total
88 077
-
12 553
-
Corporate
45 456
196 000
-
-
income
10 000
43 120
-
-
total
10 000
43 120
-
-
Dividends
35 456
152 880
-
-
income
7 800
33 634
-
-
total
7 800
33 634
-
-
Income
196 000
196 000
196 000
196 000
Total tax
124 778
76 754
13 283
60 548
After tax
71 222
119 246
182 717
135 452
Living cost
43 565
43 565
43 565
43 565
Free-cash
27 657
75 681
139 152
91 887

Estimated living cost  is ₽43565 per week

₽28267
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4097
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.
₽10646
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79831
₽78816
₽72144
₽57283
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
196 000
income
-
-
-
24 093
surtax
-
-
-
-
social contributions

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

-
-
-
68 110
total
-
-
-
92 203
Employee
46 411
-
158 384
-
social contributions
5 105
-
17 423
-
surtax
-
-
-
-
income
9 654
-
52 025
-
total
14 759
-
69 448
-
Employer
46 411
-
158 384
-
social contributions
11 023
-
37 616
-
total
11 023
-
37 616
-
Corporate
138 566
196 000
-
-
surtax
-
-
-
-
income
29 098
41 161
-
-
total
29 098
41 161
-
-
Dividends
109 468
154 839
-
-
withholding
30 651
43 355
-
-
total
30 651
43 355
-
-
Income
196 000
196 000
196 000
196 000
Total tax
85 531
84 516
107 064
92 203
After tax
110 469
111 484
88 936
103 797
Living cost
31 653
31 653
31 653
31 653
Free-cash
78 816
79 831
57 283
72 144

Estimated living cost  is ₽31653 per week

₽23683
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
₽50045
₽56979
₽61202
₽56898
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
196 000
income
-
-
-
32 332
pensions
-
-
-
33 210
other
-
-
-
6 076
health
-
-
-
8 857
surtax
-
-
-
-
social contributions
-
-
-
5 584
total
-
-
-
86 059
Employee
63 203
-
150 858
-
social contributions
1 800
-
4 299
-
surtax
-
-
-
-
income
5 515
-
30 086
-
pensions
7 149
-
10 835
-
total
14 464
-
45 220
-
Employer
63 203
-
150 858
-
other
2 181
-
6 033
-
social contributions
190
-
452
-
unemployment
2 560
-
6 109
-
pensions
10 385
-
18 182
-
health
4 424
-
14 367
-
total
19 740
-
45 143
-
Corporate
113 057
196 000
-
-
surtax
-
-
-
-
income
31 657
54 880
-
-
total
31 657
54 880
-
-
Dividends
81 401
141 120
-
-
surtax
-
-
-
-
social contributions
14 002
24 272
-
-
withholding
10 419
18 064
-
-
total
24 421
42 336
-
-
Income
196 000
196 000
196 000
196 000
Total tax
90 282
97 216
90 363
86 059
After tax
105 718
98 784
105 637
109 941
Living cost
48 739
48 739
48 739
48 739
Free-cash
56 979
50 045
56 898
61 202

Estimated living cost  is ₽48739 per week

₽32986
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.
₽11097
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽146066
₽142677
₽113387
₽118594
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
196 000
income
-
-
-
9 159
social contributions
-
-
-
43 120
total
-
-
-
52 279
Employee
32 442
-
169 698
-
income
-
-
9 740
-
social contributions
2 108
-
11 030
-
total
2 108
-
20 770
-
Employer
32 442
-
169 698
-
social contributions
5 029
-
26 302
-
total
5 029
-
26 302
-
Corporate
158 529
196 000
-
-
income
15 852
19 600
-
-
total
15 852
19 600
-
-
Dividends
142 677
176 400
-
-
total
-
-
-
-
Income
196 000
196 000
196 000
196 000
Total tax
22 989
19 600
47 072
52 279
After tax
173 011
176 400
148 928
143 721
Living cost
30 334
30 334
30 334
30 334
Free-cash
142 677
146 066
118 594
113 387

Estimated living cost  is ₽30334 per week

₽19613
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2286
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
-₽23958
-₽23958
₽65927
-₽23958
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
196 000
municipal
-
-
-
41 367
pensions
-
-
-
875
national
-
-
-
23 601
labour market
-
-
-
15 610
total
-
-
-
81 453
Employee
205 213
205 213
205 213
-
labour market
16 394
16 394
16 394
-
national
25 070
25 070
25 070
-
municipal
43 699
43 699
43 699
-
pensions
292
292
292
-
total
85 455
85 455
85 455
-
Employer
205 213
205 213
205 213
-
labour market
16 417
16 417
16 417
-
municipal
43 769
43 769
43 769
-
pensions
583
583
583
-
national
25 114
25 114
25 114
-
total
85 883
85 883
85 883
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
196 000
196 000
196 000
196 000
Total tax
171 338
171 338
171 338
81 453
After tax
24 662
24 662
24 662
114 547
Living cost
48 620
48 620
48 620
48 620
Free-cash
-23 958
-23 958
-23 958
65 927

Estimated living cost  is ₽48620 per week

₽33276
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.
₽10295
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5869
₽12540
₽112172
₽85396
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
196 000
accident
-
-
-
253
income
-
-
-
55 096
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
62 083
Employee
34 207
-
177 629
-
health
3 917
-
20 338
-
income
4 693
-
42 496
-
pensions
3 852
-
7 654
-
total
12 462
-
70 488
-
Employer
34 207
-
177 629
-
accident
571
-
2 966
-
unemployment
838
-
4 352
-
pensions
5 562
-
11 053
-
total
6 971
-
18 371
-
Corporate
154 822
196 000
-
-
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.

139 340
176 400
-
-
total
139 340
176 400
-
-
Dividends
15 482
19 600
-
-
withholding
2 942
3 724
-
-
total
2 942
3 724
-
-
Income
196 000
196 000
196 000
196 000
Total tax
161 715
180 124
88 859
62 083
After tax
34 285
15 876
107 141
133 917
Living cost
21 745
21 745
21 745
21 745
Free-cash
12 540
-5 869
85 396
112 172

Estimated living cost  is ₽21745 per week

₽15828
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
₽82941
₽85915
₽85022
₽62572
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
196 000
municipal
-
-
-
34 813
health
-
-
-
2 597
national
-
-
-
34 825
total
-
-
-
72 235
Employee
53 092
-
164 885
-
health
396
-
2 118
-
municipal
8 696
-
26 850
-
pensions
3 583
-
11 130
-
unemployment
797
-
2 474
-
national
877
-
20 998
-
total
14 349
-
63 570
-
Employer
53 092
-
164 885
-
accident
54
-
165
-
unemployment
345
-
1 072
-
pensions
9 211
-
28 608
-
health
408
-
1 270
-
total
10 018
-
31 115
-
Corporate
132 891
196 000
-
-
income
26 578
39 200
-
-
total
26 578
39 200
-
-
Dividends

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

79 735
117 600
-
-
national
6 044
13 948
-
-
municipal
14 353
21 168
-
-
total
20 397
35 116
-
-
Income
196 000
196 000
196 000
196 000
Total tax
71 342
74 316
94 685
72 235
After tax
124 658
121 684
101 315
123 765
Living cost
38 743
38 743
38 743
38 743
Free-cash
85 915
82 941
62 572
85 022

Estimated living cost  is ₽38743 per week

₽25307
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.
₽9094
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽119561
₽114070
₽109689
₽108014
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
196 000
income
-
-
-
41 622
health
-
-
-
4 998
social contributions
-
-
-
16 327
total
-
-
-
62 947
Employee
77 596
77 596
183 911
-
social contributions
2 934
6 440
8 686
-
health
601
1 319
3 127
-
income
8 449
7 183
40 720
-
total
11 984
14 942
52 533
-
Employer
77 596
77 596
183 911
-
social contributions
2 934
6 440
8 686
-
health
653
1 436
3 403
-
total
3 587
7 876
12 089
-
Corporate
157 065
110 527
-
-
income
19 632
13 817
-
-
total
19 632
13 817
-
-
Dividends
137 433
96 711
-
-
withholding
23 363
16 440
-
-
total
23 363
16 440
-
-
Income
196 000
196 000
196 000
196 000
Total tax
58 566
53 075
64 622
62 947
After tax
137 434
142 925
131 378
133 053
Living cost
23 364
23 364
23 364
23 364
Free-cash
114 070
119 561
108 014
109 689

Estimated living cost  is ₽23364 per week

₽14002
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.
₽6553
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽146286
₽141151
₽149786
₽129545
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
196 000
income
-
-
-
20 092
pensions
-
-
-
6 419
unemployment
-
-
-
29
health
-
-
-
3 652
total
-
-
-
30 192
Employee

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

23 163
-
186 138
-
health
1 969
-
8 139
-
income
1 584
-
17 591
-
pensions
3 474
-
14 362
-
unemployment
115
-
479
-
total
7 142
-
40 571
-
Employer

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

23 163
-
186 138
-
unemployment
115
-
479
-
pensions
1 273
-
5 266
-
health
996
-
4 117
-
total
2 384
-
9 862
-
Corporate
170 453
196 000
-
-
income
15 341
17 641
-
-
total
15 341
17 641
-
-
Dividends
155 112
178 359
-
-
withholding
13 960
16 051
-
-
total
13 960
16 051
-
-
Income
196 000
196 000
196 000
196 000
Total tax
38 827
33 692
50 433
30 192
After tax
157 173
162 308
145 567
165 808
Living cost
16 022
16 022
16 022
16 022
Free-cash
141 151
146 286
129 545
149 786

Estimated living cost  is ₽16022 per week

₽10222
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
₽102677
₽98220
₽82039
₽77805
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
196 000
accident
-
-
-
843
income
-
-
-
58 150
pensions
-
-
-
26 469
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
86 211
Employee
37 313
-
166 182
-
other
36
-
94
-
income
7 194
-
54 685
-
pensions
1 754
-
4 397
-
unemployment
578
-
1 450
-
total
9 562
-
60 626
-
Employer
37 313
-
166 182
-
accident
739
-
1 852
-
other
299
-
749
-
unemployment
2 053
-
5 144
-
pensions
8 805
-
22 074
-
total
11 896
-
29 819
-
Corporate
146 791
196 000
-
-
income

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

22 019
29 401
-
-
total
22 019
29 401
-
-
Dividends
124 773
166 599
-
-
withholding
26 553
36 172
-
-
total
26 553
36 172
-
-
Income
196 000
196 000
196 000
196 000
Total tax
70 030
65 573
90 445
86 211
After tax
125 970
130 427
105 555
109 789
Living cost
27 750
27 750
27 750
27 750
Free-cash
98 220
102 677
77 805
82 039

Estimated living cost  is ₽27750 per week

₽18730
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
₽119548
₽119094
₽123025
₽122828
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
196 000
income
-
-
-
66 751
pensions
-
-
-
2 010
health
-
-
-
1 458
total
-
-
-
70 219
Employee
4 198
-
193 738
-
health
210
-
503
-
income
812
-
66 645
-
pensions
378
-
905
-
unemployment
42
-
101
-
total
1 442
-
68 154
-
Employer
4 198
-
193 738
-
unemployment
84
-
201
-
pensions
462
-
1 106
-
health
399
-
955
-
total
945
-
2 262
-
Corporate
190 858
196 000
-
-
income
41 989
43 120
-
-
total
41 989
43 120
-
-
Dividends
148 869
152 880
-
-
withholding
29 774
30 576
-
-
total
29 774
30 576
-
-
Income
196 000
196 000
196 000
196 000
Total tax
74 150
73 696
70 416
70 219
After tax
121 850
122 304
125 584
125 781
Living cost
2 756
2 756
2 756
2 756
Free-cash
119 094
119 548
122 828
123 025

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
₽124157
₽119192
₽105570
₽105571
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
196 000
income
-
-
-
44 784
pensions
-
-
-
19 392
unemployment
-
-
-
1 119
health
-
-
-
7 682
total
-
-
-
72 977
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
-
182 649
-
health
1 355
-
3 841
-
income
3 628
-
44 784
-
pensions
3 685
-
10 442
-
unemployment
197
-
559
-
total
8 865
-
59 626
-
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
-
182 649
-
unemployment
197
-
559
-
pensions
3 158
-
8 950
-
health
1 355
-
3 841
-
total
4 710
-
13 350
-
Corporate
164 970
196 000
-
-
income
24 746
29 400
-
-
total
24 746
29 400
-
-
Dividends
140 225
166 600
-
-
withholding
21 034
24 990
-
-
total
21 034
24 990
-
-
Income
196 000
196 000
196 000
196 000
Total tax
59 355
54 390
72 976
72 977
After tax
136 645
141 610
123 024
123 023
Living cost
17 453
17 453
17 453
17 453
Free-cash
119 192
124 157
105 571
105 570

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
₽84279
₽83916
₽76592
₽61731
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
196 000
income
-
-
-
24 093
surtax
-
-
-
-
social contributions

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

-
-
-
68 110
total
-
-
-
92 203
Employee
39 166
-
158 384
-
social contributions
4 309
-
17 423
-
surtax
-
-
-
-
income
7 653
-
52 025
-
total
11 962
-
69 448
-
Employer
39 166
-
158 384
-
social contributions
9 301
-
37 616
-
total
9 301
-
37 616
-
Corporate
147 533
196 000
-
-
surtax
-
-
-
-
income
30 983
41 161
-
-
total
30 983
41 161
-
-
Dividends
116 550
154 839
-
-
withholding
32 633
43 355
-
-
total
32 633
43 355
-
-
Income
196 000
196 000
196 000
196 000
Total tax
84 879
84 516
107 064
92 203
After tax
111 121
111 484
88 936
103 797
Living cost
27 205
27 205
27 205
27 205
Free-cash
83 916
84 279
61 731
76 592

Estimated living cost  is ₽27205 per week

₽19269
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
₽94962
₽88358
₽74324
₽70090
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
196 000
accident
-
-
-
843
income
-
-
-
58 150
pensions
-
-
-
26 469
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
86 211
Employee
48 736
-
166 182
-
other
48
-
94
-
income
10 179
-
54 685
-
pensions
2 290
-
4 397
-
unemployment
755
-
1 450
-
total
13 272
-
60 626
-
Employer
48 736
-
166 182
-
accident
965
-
1 852
-
other
391
-
749
-
unemployment
2 681
-
5 144
-
pensions
11 501
-
22 074
-
total
15 538
-
29 819
-
Corporate
131 726
196 000
-
-
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.

19 759
29 401
-
-
total
19 759
29 401
-
-
Dividends
111 967
166 599
-
-
withholding
23 608
36 172
-
-
total
23 608
36 172
-
-
Income
196 000
196 000
196 000
196 000
Total tax
72 177
65 573
90 445
86 211
After tax
123 823
130 427
105 555
109 789
Living cost
35 465
35 465
35 465
35 465
Free-cash
88 358
94 962
70 090
74 324

Estimated living cost  is ₽35465 per week

₽25469
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
₽150209
₽144056
₽139812
₽147693
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
196 000
income
-
-
-
29 400
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
-
-
-
38 817
Employee
23 001
-
189 080
-
health
1 058
-
1 622
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
income
2 300
-
18 908
-
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
-
24 015
-
Employer
23 001
-
189 080
-
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
168 486
196 000
-
-
income
16 849
19 600
-
-
total
16 849
19 600
-
-
Dividends
151 637
176 400
-
-
withholding
7 581
8 820
-
-
total
7 581
8 820
-
-
Income
196 000
196 000
196 000
196 000
Total tax
34 573
28 420
30 936
38 817
After tax
161 427
167 580
165 064
157 183
Living cost
17 371
17 371
17 371
17 371
Free-cash
144 056
150 209
147 693
139 812

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
₽61884
₽75083
₽62701
₽84095
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
196 000
trade
-
-
-
21 394
income

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

-
-
-
62 609
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.

-
-
-
3 443
total
-
-
-
94 340
Employee

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

50 210
-
196 000
-
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
-
3 443
-
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
-
62 609
-
total
11 251
-
72 946
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
145 790
196 000
-
-
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.

1 203
1 616
-
-
income
21 869
29 401
-
-
trade
20 921
28 125
-
-
chamber of commerce
368
440
-
-
total
44 361
59 582
-
-
Dividends
101 430
136 417
-
-
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.

1 373
1 854
-
-
withholding
24 973
33 721
-
-
total
26 346
35 575
-
-
Income
196 000
196 000
196 000
196 000
Total tax
81 958
95 157
72 946
94 340
After tax
114 042
100 843
123 054
101 660
Living cost
38 959
38 959
38 959
38 959
Free-cash
75 083
61 884
84 095
62 701

Estimated living cost  is ₽38959 per week

₽26875
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
₽79717
₽81944
₽43673
₽43673
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
196 000
income
-
-
-
61 720
social contributions
-
-
-
33 123
total
-
-
-
94 843
Employee
78 935
-
196 000
-
income
14 895
-
61 720
-
social contributions
6 558
-
33 123
-
total
21 453
-
94 843
-
Employer
78 935
-
196 000
-
total
-
-
-
-
Corporate
117 065
196 000
-
-
income
14 632
24 500
-
-
total
14 632
24 500
-
-
Dividends
102 432
171 500
-
-
withholding
20 487
34 299
-
-
total
20 487
34 299
-
-
Income
196 000
196 000
196 000
196 000
Total tax
56 572
58 799
94 843
94 843
After tax
139 428
137 201
101 157
101 157
Living cost
57 484
57 484
57 484
57 484
Free-cash
81 944
79 717
43 673
43 673

Estimated living cost  is ₽57484 per week

₽43733
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
₽85437
₽88965
₽123227
₽101615
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
196 000
income
-
-
-
29 401
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
-
-
-
36 142
Employee
46 292
-
191 358
-
income
5 023
-
48 470
-
social contributions
4 638
-
4 642
-
total
9 661
-
53 112
-
Employer
46 292
-
191 358
-
social contributions
4 638
-
4 642
-
total
4 638
-
4 642
-
Corporate
145 070
196 000
-
-
income
50 774
68 601
-
-
total
50 774
68 601
-
-
Dividends
94 296
127 399
-
-
social contributions
5 331
5 331
-
-
total
5 331
5 331
-
-
Income
196 000
196 000
196 000
196 000
Total tax
70 404
73 932
57 754
36 142
After tax
125 596
122 068
138 246
159 858
Living cost
36 631
36 631
36 631
36 631
Free-cash
88 965
85 437
101 615
123 227

Estimated living cost  is ₽36631 per week

₽24129
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.
₽9052
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88785
₽94783
₽91036
₽73394
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
196 000
income
-
-
-
57 888
pensions
-
-
-
9 463
total
-
-
-
67 351
Employee
51 629
-
171 054
-
health
673
-
2 411
-
income
9 402
-
46 127
-
pensions
3 941
-
11 510
-
total
14 016
-
60 048
-
Employer
51 629
-
171 054
-
pensions
5 216
-
21 696
-
health
981
-
3 249
-
total
6 197
-
24 945
-
Corporate
138 174
196 000
-
-
income

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

26 252
37 240
-
-
total
26 252
37 240
-
-
Dividends
111 922
158 760
-
-
withholding
17 139
32 362
-
-
total
17 139
32 362
-
-
Income
196 000
196 000
196 000
196 000
Total tax
63 604
69 602
84 993
67 351
After tax
132 396
126 398
111 007
128 649
Living cost
37 613
37 613
37 613
37 613
Free-cash
94 783
88 785
73 394
91 036

Estimated living cost  is ₽37613 per week

₽25802
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
-₽8022
₽12211
₽110019
₽83243
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
196 000
accident
-
-
-
253
income
-
-
-
55 096
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
62 083
Employee
37 593
-
177 629
-
health
4 304
-
20 338
-
income
5 157
-
42 496
-
pensions
4 233
-
7 654
-
total
13 694
-
70 488
-
Employer
37 593
-
177 629
-
accident
628
-
2 966
-
unemployment
921
-
4 352
-
pensions
6 112
-
11 053
-
total
7 661
-
18 371
-
Corporate
150 746
196 000
-
-
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.

135 672
176 400
-
-
total
135 672
176 400
-
-
Dividends
15 074
19 600
-
-
withholding
2 864
3 724
-
-
total
2 864
3 724
-
-
Income
196 000
196 000
196 000
196 000
Total tax
159 891
180 124
88 859
62 083
After tax
36 109
15 876
107 141
133 917
Living cost
23 898
23 898
23 898
23 898
Free-cash
12 211
-8 022
83 243
110 019

Estimated living cost  is ₽23898 per week

₽17539
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.
₽4485
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽136309
₽146581
₽105396
₽127588
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
196 000
work injury
-
-
-
807
health insurance
-
-
-
11 943
income
-
-
-
32 591
pensions
-
-
-
29 695
unemployment
-
-
-
1 937
total
-
-
-
76 973
Employee

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

21 810
-
196 000
-
work injury
109
-
403
-
income
2 181
-
32 591
-
pensions
4 013
-
14 848
-
health insurance
1 614
-
5 971
-
unemployment
262
-
968
-
total
8 179
-
54 781
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
174 190
196 000
-
-
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%.

1 742
19 600
-
-
total
1 742
19 600
-
-
Dividends
172 448
176 400
-
-
withholding
25 867
26 460
-
-
total
25 867
26 460
-
-
Income
196 000
196 000
196 000
196 000
Total tax
35 788
46 060
54 781
76 973
After tax
160 212
149 940
141 219
119 027
Living cost
13 631
13 631
13 631
13 631
Free-cash
146 581
136 309
127 588
105 396

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
₽63038
₽58448
₽50043
₽41479
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
196 000
municipal
-
-
-
1 310
regional
-
-
-
4 511
national
-
-
-
49 523
social contributions
-
-
-
50 412
total
-
-
-
105 756
Employee
85 034
-
196 000
-
social contributions
28 673
-
66 092
-
regional
1 284
-
4 003
-
municipal
507
-
1 170
-
national
14 370
-
43 055
-
total
44 834
-
114 320
-
Employer
85 034
-
196 000
-
total
-
-
-
-
Corporate
110 966
196 000
-
-
nationa
26 632
47 040
-
-
municipal
5 349
9 447
-
-
total
31 981
56 487
-
-
Dividends
78 985
139 514
-
-
withholding
20 536
36 274
-
-
total
20 536
36 274
-
-
Income
196 000
196 000
196 000
196 000
Total tax
97 351
92 761
114 320
105 756
After tax
98 649
103 239
81 680
90 244
Living cost
40 201
40 201
40 201
40 201
Free-cash
58 448
63 038
41 479
50 043

Estimated living cost  is ₽40201 per week

₽28238
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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