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
₽ 198000
per

Your estimated
City
free-cash

Dresden , Germany
₽69056
₽80294
₽69743
₽93488
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
198 000
trade
-
-
-
23 745
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.

-
-
-
63 313
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.

-
-
-
6 941
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.

-
-
-
3 482
total
-
-
-
97 481
Employee

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

38 862
-
198 000
-
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.

6 941
-
6 941
-
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.

60
-
3 482
-
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.

1 086
-
63 313
-
total
8 087
-
73 736
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
159 138
198 000
-
-
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.

1 313
1 633
-
-
income
23 871
29 700
-
-
trade
25 064
31 184
-
-
chamber of commerce
384
440
-
-
total
50 632
62 957
-
-
Dividends
108 506
135 043
-
-
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.

1 471
1 836
-
-
withholding
26 740
33 375
-
-
total
28 211
35 211
-
-
Income
198 000
198 000
198 000
198 000
Total tax
86 930
98 168
73 736
97 481
After tax
111 070
99 832
124 264
100 519
Living cost
30 776
30 776
30 776
30 776
Free-cash
80 294
69 056
93 488
69 743

Estimated living cost  is ₽30776 per week

₽19359
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3588
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7254
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72285
₽71433
₽63666
₽64727
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
198 000
municipal
-
-
-
21 831
pensions
-
-
-
23 760
national
-
-
-
35 348
social contributions
-
-
-
2 128
total
-
-
-
83 067
Employee
79 474
-
171 169
-
municipal
9 816
-
22 598
-
pensions
3 179
-
6 847
-
national
15 211
-
37 027
-
total
28 206
-
66 472
-
Employer
79 474
-
171 169
-
social contributions
854
-
1 840
-
pensions
6 358
-
13 694
-
total
7 212
-
15 534
-
Corporate
106 069
198 000
-
-
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%.

21 214
39 600
-
-
total
21 214
39 600
-
-
Dividends
84 855
158 400
-
-
withholding
18 668
34 848
-
-
total
18 668
34 848
-
-
Income
198 000
198 000
198 000
198 000
Total tax
75 300
74 448
82 006
83 067
After tax
122 700
123 552
115 994
114 933
Living cost
51 267
51 267
51 267
51 267
Free-cash
71 433
72 285
64 727
63 666

Estimated living cost  is ₽51267 per week

₽34846
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4766
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽767
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10888
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽137261
₽128928
₽48824
₽63338
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
198 000
microenterprise
-
-
-
-
income
-
-
-
38 619
surtax
-
-
-
50 489
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.

-
-
-
38 930
total
-
-
-
128 038
Employee
29 690
-
152 098
-
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.

3 266
-
13 320
-
surtax
-
-
22 054
-
income
5 285
-
32 248
-
total
8 551
-
67 622
-
Employer
29 690
-
152 098
-
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.

7 152
-
29 171
-
surtax
-
-
16 731
-
total
7 152
-
45 902
-
Corporate
161 159
198 000
-
-
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%.

32 231
39 601
-
-
total
32 231
39 601
-
-
Dividends

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

128 927
158 399
-
-
total
-
-
-
-
Income
198 000
198 000
198 000
198 000
Total tax
47 934
39 601
113 524
128 038
After tax
150 066
158 399
84 476
69 962
Living cost
21 138
21 138
21 138
21 138
Free-cash
128 928
137 261
63 338
48 824

Estimated living cost  is ₽21138 per week

₽13486
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2013
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5160
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55748
₽49524
₽65424
₽83206
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
198 000
income
-
-
-
65 578
pensions
-
-
-
11 905
health
-
-
-
12 529
total
-
-
-
90 012
Employee
86 768
86 768
179 117
-
health
13 318
11 328
12 529
-
income

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

14 202
14 202
28 914
-
pensions
15 618
11 905
11 905
-
total
43 138
37 435
53 348
-
Employer
86 768
86 768
179 117
-
unemployment
3 124
3 124
3 881
-
pensions
6 039
6 039
7 506
-
health
6 031
6 031
7 495
-
total
15 194
15 194
18 882
-
Corporate
97 103
96 038
-
-
income
19 421
19 208
-
-
total
19 421
19 208
-
-
Dividends
77 682
76 830
-
-
income
16 507
16 326
-
-
withholding
11 652
11 525
-
-
total
28 159
27 851
-
-
Income
198 000
198 000
198 000
198 000
Total tax
105 912
99 688
72 230
90 012
After tax
92 088
98 312
125 770
107 988
Living cost
42 564
42 564
42 564
42 564
Free-cash
49 524
55 748
83 206
65 424

Estimated living cost  is ₽42564 per week

₽30164
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3837
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽677
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7886
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68966
₽68086
₽60974
₽60025
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
198 000
municipal
-
-
-
51 633
accident
-
-
-
172
pensions
-
-
-
9 273
other
-
-
-
9 968
unemployment
-
-
-
86
health
-
-
-
5 353
national
-
-
-
21 399
total
-
-
-
97 884
Employee
55 773
-
171 047
-
municipal
16 632
-
51 006
-
national
-
-
20 873
-
total
16 632
-
71 879
-
Employer
55 773
-
171 047
-
accident
112
-
172
-
other
6 481
-
9 968
-
unemployment
1 472
-
2 265
-
pensions
6 029
-
9 273
-
health
3 430
-
5 276
-
total
17 524
-
26 954
-
Corporate
124 703
198 000
-
-
income
27 435
43 560
-
-
total
27 435
43 560
-
-
Dividends
97 268
154 440
-
-
withholding
29 181
46 332
-
-
total
29 181
46 332
-
-
Income
198 000
198 000
198 000
198 000
Total tax
90 772
89 892
98 833
97 884
After tax
107 228
108 108
99 167
100 116
Living cost
39 142
39 142
39 142
39 142
Free-cash
68 086
68 966
60 025
60 974

Estimated living cost  is ₽39142 per week

₽25941
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3841
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽594
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8765
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58899
₽73177
₽59549
₽84349
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
198 000
trade
-
-
-
24 800
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.

-
-
-
63 313
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.

-
-
-
6 941
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.

-
-
-
3 482
total
-
-
-
98 536
Employee

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

51 527
-
198 000
-
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.

6 941
-
6 941
-
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.

243
-
3 482
-
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.

4 427
-
63 313
-
total
11 611
-
73 736
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
146 473
198 000
-
-
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.

1 209
1 633
-
-
income
21 972
29 700
-
-
trade
24 094
32 571
-
-
chamber of commerce
362
436
-
-
total
47 637
64 340
-
-
Dividends
98 836
133 661
-
-
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.

1 338
1 816
-
-
withholding
24 322
33 030
-
-
total
25 660
34 846
-
-
Income
198 000
198 000
198 000
198 000
Total tax
84 908
99 186
73 736
98 536
After tax
113 092
98 814
124 264
99 464
Living cost
39 915
39 915
39 915
39 915
Free-cash
73 177
58 899
84 349
59 549

Estimated living cost  is ₽39915 per week

₽26696
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4209
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽596
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8415
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽111423
₽107212
₽101423
₽99736
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
198 000
income
-
-
-
42 131
health
-
-
-
5 050
social contributions
-
-
-
16 440
total
-
-
-
63 621
Employee
78 130
78 130
185 816
-
social contributions
3 797
6 484
8 746
-
health
777
1 329
3 158
-
income
8 204
7 233
41 220
-
total
12 778
15 046
53 124
-
Employer
78 130
78 130
185 816
-
social contributions
3 797
6 484
8 746
-
health
846
1 446
3 438
-
total
4 643
7 930
12 184
-
Corporate
147 623
111 939
-
-
income
18 453
13 993
-
-
total
18 453
13 993
-
-
Dividends
129 170
97 946
-
-
withholding
21 958
16 652
-
-
total
21 958
16 652
-
-
Income
198 000
198 000
198 000
198 000
Total tax
57 832
53 621
65 308
63 621
After tax
140 168
144 379
132 692
134 379
Living cost
32 956
32 956
32 956
32 956
Free-cash
107 212
111 423
99 736
101 423

Estimated living cost  is ₽32956 per week

₽22529
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2574
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7300
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92783
₽93168
₽118762
₽96380
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
198 000
income
-
-
-
24 206
pensions
-
-
-
19 800
unemployment
-
-
-
2 970
health
-
-
-
13 860
total
-
-
-
60 836
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.

26 564
10 572
165 690
-
health
1 859
740
11 598
-
income
3 247
1 292
20 256
-
pensions
2 656
1 057
16 569
-
unemployment
398
159
2 485
-
total
8 160
3 248
50 908
-
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.

26 564
10 572
165 690
-
pensions
5 180
2 062
32 310
-
total
5 180
2 062
32 310
-
Corporate
166 256
185 366
-
-
income
14 963
16 683
-
-
total
14 963
16 683
-
-
Dividends
151 293
168 683
-
-
social contributions
29 381
32 772
-
-
withholding
28 746
32 050
-
-
total
58 127
64 822
-
-
Income
198 000
198 000
198 000
198 000
Total tax
86 430
86 815
83 218
60 836
After tax
111 570
111 185
114 782
137 164
Living cost
18 402
18 402
18 402
18 402
Free-cash
93 168
92 783
96 380
118 762

Estimated living cost  is ₽18402 per week

₽12558
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1506
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽368
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3971
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽133857
₽127547
₽81586
₽89581
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
198 000
income
-
-
-
26 532
pensions
-
-
-
39 601
health
-
-
-
25 739
total
-
-
-
91 872
Employee
28 824
-
147 981
-
income
3 245
-
28 531
-
pensions
577
-
2 960
-
unemployment
461
-
2 368
-
total
4 283
-
33 859
-
Employer
28 824
-
147 981
-
unemployment
231
-
1 184
-
pensions
5 765
-
29 597
-
health
3 746
-
19 237
-
total
9 742
-
50 018
-
Corporate
159 433
198 000
-
-
income
31 886
39 601
-
-
total
31 886
39 601
-
-
Dividends
127 547
158 399
-
-
total
-
-
-
-
Income
198 000
198 000
198 000
198 000
Total tax
45 911
39 601
83 877
91 872
After tax
152 089
158 399
114 123
106 128
Living cost
24 542
24 542
24 542
24 542
Free-cash
127 547
133 857
89 581
81 586

Estimated living cost  is ₽24542 per week

₽16833
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1462
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5754
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6152
₽12633
₽113089
₽86075
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
198 000
accident
-
-
-
255
income
-
-
-
55 695
pensions
-
-
-
4 197
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
62 721
Employee
34 905
-
179 493
-
health
3 997
-
20 552
-
income
4 789
-
42 981
-
pensions
3 930
-
7 695
-
total
12 716
-
71 228
-
Employer
34 905
-
179 493
-
accident
583
-
2 997
-
unemployment
855
-
4 398
-
pensions
5 676
-
11 112
-
total
7 114
-
18 507
-
Corporate
155 981
198 000
-
-
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.

140 383
178 200
-
-
total
140 383
178 200
-
-
Dividends
15 598
19 800
-
-
withholding
2 964
3 762
-
-
total
2 964
3 762
-
-
Income
198 000
198 000
198 000
198 000
Total tax
163 177
181 962
89 735
62 721
After tax
34 823
16 038
108 265
135 279
Living cost
22 190
22 190
22 190
22 190
Free-cash
12 633
-6 152
86 075
113 089

Estimated living cost  is ₽22190 per week

₽16263
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1229
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4234
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽178838
₽177102
₽186758
₽149138
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
198 000
microenterprise

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

-
-
-
1 980
total
-
-
-
1 980
Employee
11 577
-
198 000
-
income
2 315
-
39 600
-
total
2 315
-
39 600
-
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%.

186 423
198 000
-
-
total
-
-
-
-
Dividends
186 423
198 000
-
-
withholding
9 321
9 900
-
-
total
9 321
9 900
-
-
Income
198 000
198 000
198 000
198 000
Total tax
11 636
9 900
39 600
1 980
After tax
186 364
188 100
158 400
196 020
Living cost
9 262
9 262
9 262
9 262
Free-cash
177 102
178 838
149 138
186 758

Estimated living cost  is ₽9262 per week

₽5740
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽770
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽255
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2498
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽118397
₽111536
₽87310
₽85607
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
198 000
income
-
-
-
32 395
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.

-
-
-
37 083
other
-
-
-
7 339
health
-
-
-
6 799
total
-
-
-
83 616
Employee
36 892
-
159 028
-
health
517
-
2 163
-
income
6 351
-
31 826
-
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.

2 582
-
10 815
-
unemployment
368
-
1 544
-
total
9 818
-
46 348
-
Employer
36 892
-
159 028
-
accident
295
-
1 273
-
other
1 845
-
7 724
-
unemployment
368
-
1 544
-
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.

6 272
-
26 267
-
health
517
-
2 163
-
total
9 297
-
38 971
-
Corporate
151 810
198 000
-
-
income
31 880
41 579
-
-
total
31 880
41 579
-
-
Dividends
119 930
156 421
-
-
withholding
8 395
10 950
-
-
total
8 395
10 950
-
-
Income
198 000
198 000
198 000
198 000
Total tax
59 390
52 529
85 319
83 616
After tax
138 610
145 471
112 681
114 384
Living cost
27 074
27 074
27 074
27 074
Free-cash
111 536
118 397
85 607
87 310

Estimated living cost  is ₽27074 per week

₽19129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1828
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽436
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5680
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59285
₽65905
₽61561
₽43738
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
198 000
income
-
-
-
58 483
pensions
-
-
-
9 559
total
-
-
-
68 042
Employee
96 771
-
172 799
-
health
1 595
-
2 435
-
income
17 444
-
46 602
-
pensions
9 336
-
11 627
-
total
28 375
-
60 664
-
Employer
96 771
-
172 799
-
pensions
11 426
-
21 917
-
health
1 838
-
3 284
-
total
13 264
-
25 201
-
Corporate
87 965
198 000
-
-
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.

16 714
37 620
-
-
total
16 714
37 620
-
-
Dividends
71 251
160 380
-
-
withholding
5 345
32 698
-
-
total
5 345
32 698
-
-
Income
198 000
198 000
198 000
198 000
Total tax
63 698
70 318
85 865
68 042
After tax
134 302
127 682
112 135
129 958
Living cost
68 397
68 397
68 397
68 397
Free-cash
65 905
59 285
43 738
61 561

Estimated living cost  is ₽68397 per week

₽51251
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽8036
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8554
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽155968
₽151249
₽145501
₽153472
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
198 000
income
-
-
-
29 700
pensions

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

-
-
-
5 253
unemployment
-
-
-
142
health
-
-
-
4 082
total
-
-
-
39 177
Employee
17 640
-
191 037
-
health
811
-
1 633
-
accident

We are using the highest rate at 1.1%.

194
-
390
-
income
1 764
-
19 104
-
pensions

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

1 549
-
3 116
-
total
4 318
-
24 243
-
Employer
17 640
-
191 037
-
accident

We are using the highest rate at 1.1%.

194
-
390
-
unemployment
105
-
213
-
pensions

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

1 944
-
3 911
-
health
1 218
-
2 449
-
total
3 461
-
6 963
-
Corporate
176 898
198 000
-
-
income
17 690
19 800
-
-
total
17 690
19 800
-
-
Dividends
159 208
178 200
-
-
withholding
7 960
8 910
-
-
total
7 960
8 910
-
-
Income
198 000
198 000
198 000
198 000
Total tax
33 429
28 710
31 206
39 177
After tax
164 571
169 290
166 794
158 823
Living cost
13 322
13 322
13 322
13 322
Free-cash
151 249
155 968
153 472
145 501

Estimated living cost  is ₽13322 per week

₽7778
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽951
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽353
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4240
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41970
₽44526
₽51646
₽69428
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
198 000
income
-
-
-
65 578
pensions
-
-
-
11 905
health
-
-
-
12 529
total
-
-
-
90 012
Employee
94 202
86 768
179 117
-
health
11 752
11 328
12 529
-
income

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

14 202
14 202
28 914
-
pensions
11 905
11 905
11 905
-
total
37 859
37 435
53 348
-
Employer
94 202
86 768
179 117
-
unemployment
3 392
3 124
3 881
-
pensions
6 556
6 039
7 506
-
health
6 546
6 031
7 495
-
total
16 494
15 194
18 882
-
Corporate
87 305
96 038
-
-
income
17 462
19 208
-
-
total
17 462
19 208
-
-
Dividends
69 843
76 830
-
-
income
14 841
16 326
-
-
withholding
10 476
11 525
-
-
total
25 317
27 851
-
-
Income
198 000
198 000
198 000
198 000
Total tax
97 132
99 688
72 230
90 012
After tax
100 868
98 312
125 770
107 988
Living cost
56 342
56 342
56 342
56 342
Free-cash
44 526
41 970
69 428
51 646

Estimated living cost  is ₽56342 per week

₽41562
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽5033
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽646
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9103
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽112049
₽103389
₽90445
₽82085
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
198 000
income
-
-
-
20 451
health
-
-
-
26 730
solidarity contribution
-
-
-
1 171
social contributions
-
-
-
34 929
total
-
-
-
83 281
Employee
35 696
-
154 216
-
social contributions
2 320
-
7 775
-
health
4 819
-
20 819
-
solidarity contribution
-
-
420
-
income
4 284
-
18 843
-
total
11 423
-
47 857
-
Employer
35 696
-
154 216
-
social contributions
8 924
-
29 905
-
health
3 213
-
13 879
-
total
12 137
-
43 784
-
Corporate
150 167
198 000
-
-
income
28 532
37 620
-
-
total
28 532
37 620
-
-
Dividends
121 635
160 380
-
-
withholding
18 245
24 057
-
-
total
18 245
24 057
-
-
Income
198 000
198 000
198 000
198 000
Total tax
70 337
61 677
91 641
83 281
After tax
127 663
136 323
106 359
114 719
Living cost
24 274
24 274
24 274
24 274
Free-cash
103 389
112 049
82 085
90 445

Estimated living cost  is ₽24274 per week

₽16861
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1727
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.
₽5209
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62767
₽57462
₽50631
₽41751
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
198 000
municipal
-
-
-
1 178
regional
-
-
-
2 359
national
-
-
-
50 104
social contributions
-
-
-
50 854
total
-
-
-
104 495
Employee
90 301
-
198 000
-
social contributions
30 450
-
66 670
-
regional
852
-
2 085
-
municipal
478
-
1 051
-
national
15 647
-
43 569
-
total
47 427
-
113 375
-
Employer
90 301
-
198 000
-
total
-
-
-
-
Corporate
107 699
198 000
-
-
nationa
25 847
47 520
-
-
municipal
4 200
7 722
-
-
total
30 047
55 242
-
-
Dividends
77 652
142 758
-
-
withholding
20 190
37 117
-
-
total
20 190
37 117
-
-
Income
198 000
198 000
198 000
198 000
Total tax
97 664
92 359
113 375
104 495
After tax
100 336
105 641
84 625
93 505
Living cost
42 874
42 874
42 874
42 874
Free-cash
57 462
62 767
41 751
50 631

Estimated living cost  is ₽42874 per week

₽29887
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2811
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽658
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9517
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽102122
₽98960
₽71025
₽64813
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
198 000
income
-
-
-
58 190
pensions
-
-
-
27 122
other
-
-
-
-
unemployment
-
-
-
231
health
-
-
-
9 627
surtax
-
-
-
9 384
total
-
-
-
104 554
Employee
33 601
-
169 455
-
other
-
-
-
-
health
858
-
3 457
-
surtax
110
-
8 168
-
income
5 632
-
52 113
-
pensions
2 241
-
9 045
-
unemployment
2 339
-
9 438
-
total
11 180
-
82 221
-
Employer
33 601
-
169 455
-
other
-
-
-
-
unemployment
1 064
-
4 298
-
pensions
4 479
-
18 077
-
health
1 529
-
6 170
-
total
7 072
-
28 545
-
Corporate
157 327
198 000
-
-
income
40 904
51 480
-
-
total
40 904
51 480
-
-
Dividends
116 423
146 520
-
-
withholding
17 463
21 977
-
-
total
17 463
21 977
-
-
Income
198 000
198 000
198 000
198 000
Total tax
76 619
73 457
110 766
104 554
After tax
121 381
124 543
87 234
93 446
Living cost
22 421
22 421
22 421
22 421
Free-cash
98 960
102 122
64 813
71 025

Estimated living cost  is ₽22421 per week

₽13709
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2069
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.
₽6126
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80955
₽87713
₽83231
₽65408
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
198 000
income
-
-
-
58 483
pensions
-
-
-
9 559
total
-
-
-
68 042
Employee
64 853
-
172 799
-
health
941
-
2 435
-
income
11 680
-
46 602
-
pensions
5 505
-
11 627
-
total
18 126
-
60 664
-
Employer
64 853
-
172 799
-
pensions
7 020
-
21 917
-
health
1 232
-
3 284
-
total
8 252
-
25 201
-
Corporate
124 894
198 000
-
-
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.

23 730
37 620
-
-
total
23 730
37 620
-
-
Dividends
101 164
160 380
-
-
withholding
13 452
32 698
-
-
total
13 452
32 698
-
-
Income
198 000
198 000
198 000
198 000
Total tax
63 560
70 318
85 865
68 042
After tax
134 440
127 682
112 135
129 958
Living cost
46 727
46 727
46 727
46 727
Free-cash
87 713
80 955
65 408
83 231

Estimated living cost  is ₽46727 per week

₽35007
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3502
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7728
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽12916
₽46131
₽81128
₽72690
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
198 000
city
-
-
-
2 087
pensions
-
-
-
18 215
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.

-
-
-
3 960
regional
-
-
-
10 393
health
-
-
-
445
national
-
-
-
4 146
total
-
-
-
39 246
Employee
90 843
-
177 498
-
city
975
-
1 910
-
regional
2 975
-
9 058
-
health
205
-
399
-
pensions
7 632
-
14 600
-
unemployment
-
-
-
-
national
430
-
3 167
-
total
12 217
-
29 134
-
Employer
90 843
-
177 498
-
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.

1 816
-
3 551
-
unemployment
-
-
-
-
pensions
7 632
-
14 600
-
health
205
-
399
-
total
9 653
-
18 550
-
Corporate
96 504
198 000
-
-
regional
20 410
41 876
-
-
national
8 202
16 829
-
-
total
28 612
58 705
-
-
Dividends
67 892
139 294
-
-
withholding
23 761
48 753
-
-
total
23 761
48 753
-
-
Income
198 000
198 000
198 000
198 000
Total tax
74 243
107 458
47 684
39 246
After tax
123 757
90 542
150 316
158 754
Living cost
77 626
77 626
77 626
77 626
Free-cash
46 131
12 916
72 690
81 128

Estimated living cost  is ₽77626 per week

₽50479
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6966
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽953
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19228
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽51250
₽67725
₽51863
₽77718
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
198 000
trade
-
-
-
25 855
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.

-
-
-
63 313
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.

-
-
-
6 941
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.

-
-
-
3 482
total
-
-
-
99 591
Employee

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

61 064
-
198 000
-
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.

6 941
-
6 941
-
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.

395
-
3 482
-
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.

7 181
-
63 313
-
total
14 517
-
73 736
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
136 936
198 000
-
-
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.

1 130
1 633
-
-
income
20 541
29 700
-
-
trade
23 485
33 957
-
-
chamber of commerce
347
434
-
-
total
45 503
65 724
-
-
Dividends
91 434
132 276
-
-
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.

1 236
1 797
-
-
withholding
22 473
32 683
-
-
total
23 709
34 480
-
-
Income
198 000
198 000
198 000
198 000
Total tax
83 729
100 204
73 736
99 591
After tax
114 271
97 796
124 264
98 409
Living cost
46 546
46 546
46 546
46 546
Free-cash
67 725
51 250
77 718
51 863

Estimated living cost  is ₽46546 per week

₽33996
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3723
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽605
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8224
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65027
₽71030
₽76236
₽71888
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
198 000
income
-
-
-
32 765
pensions
-
-
-
33 493
other
-
-
-
6 137
health
-
-
-
8 966
surtax
-
-
-
-
social contributions
-
-
-
5 640
total
-
-
-
87 001
Employee
43 486
-
152 366
-
social contributions
1 240
-
4 340
-
surtax
-
-
-
-
income
2 566
-
30 416
-
pensions
4 917
-
10 958
-
total
8 723
-
45 714
-
Employer
43 486
-
152 366
-
other
1 500
-
6 098
-
social contributions
131
-
457
-
unemployment
1 760
-
6 170
-
pensions
7 144
-
18 382
-
health
3 045
-
14 528
-
total
13 580
-
45 635
-
Corporate
140 934
198 000
-
-
surtax
-
-
-
-
income
39 462
55 441
-
-
total
39 462
55 441
-
-
Dividends
101 472
142 559
-
-
surtax
-
-
-
-
social contributions
17 454
24 521
-
-
withholding
12 988
18 248
-
-
total
30 442
42 769
-
-
Income
198 000
198 000
198 000
198 000
Total tax
92 207
98 210
91 349
87 001
After tax
105 793
99 790
106 651
110 999
Living cost
34 763
34 763
34 763
34 763
Free-cash
71 030
65 027
71 888
76 236

Estimated living cost  is ₽34763 per week

₽21919
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2827
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.
₽9427
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68471
₽74118
₽79680
₽75332
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
198 000
income
-
-
-
32 765
pensions
-
-
-
33 493
other
-
-
-
6 137
health
-
-
-
8 966
surtax
-
-
-
-
social contributions
-
-
-
5 640
total
-
-
-
87 001
Employee
38 817
-
152 366
-
social contributions
1 107
-
4 340
-
surtax
-
-
-
-
income
2 001
-
30 416
-
pensions
4 390
-
10 958
-
total
7 498
-
45 714
-
Employer
38 817
-
152 366
-
other
1 340
-
6 098
-
social contributions
116
-
457
-
unemployment
1 571
-
6 170
-
pensions
6 378
-
18 382
-
health
2 717
-
14 528
-
total
12 122
-
45 635
-
Corporate
147 060
198 000
-
-
surtax
-
-
-
-
income
41 176
55 441
-
-
total
41 176
55 441
-
-
Dividends
105 884
142 559
-
-
surtax
-
-
-
-
social contributions
18 214
24 521
-
-
withholding
13 553
18 248
-
-
total
31 767
42 769
-
-
Income
198 000
198 000
198 000
198 000
Total tax
92 563
98 210
91 349
87 001
After tax
105 437
99 790
106 651
110 999
Living cost
31 319
31 319
31 319
31 319
Free-cash
74 118
68 471
75 332
79 680

Estimated living cost  is ₽31319 per week

₽18163
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3181
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽594
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9381
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99255
₽99782
₽105610
₽100967
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
198 000
income
-
-
-
29 700
health
-
-
-
13 821
social contributions
-
-
-
27 324
total
-
-
-
70 845
Employee
34 451
-
198 000
-
social contributions
4 755
-
27 324
-
health
2 404
-
13 821
-
income
5 746
-
34 343
-
total
12 905
-
75 488
-
Employer
34 451
-
198 000
-
total
-
-
-
-
Corporate
163 549
198 000
-
-
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%.

8 177
9 899
-
-
total
8 177
9 899
-
-
Dividends
155 372
188 101
-
-
health
10 844
13 129
-
-
social contributions
21 441
25 957
-
-
withholding
23 306
28 215
-
-
total
55 591
67 301
-
-
Income
198 000
198 000
198 000
198 000
Total tax
76 673
77 200
75 488
70 845
After tax
121 327
120 800
122 512
127 155
Living cost
21 545
21 545
21 545
21 545
Free-cash
99 782
99 255
100 967
105 610

Estimated living cost  is ₽21545 per week

₽14419
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1329
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5301
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73567
₽71998
₽65872
₽16430
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
198 000
chamber of commerce
-
-
-
792
income
-
-
-
58 061
pensions
-
-
-
21 960
unemployment
-
-
-
6 232
health
-
-
-
9 080
surtax
-
-
-
201
total
-
-
-
96 326
Employee
50 778
40 492
160 582
-
other
507
405
1 188
-
health
1 965
1 568
4 593
-
income
5 781
2 987
47 672
-
pensions
5 200
4 146
12 155
-
unemployment
1 523
1 215
3 561
-
total
14 976
10 321
69 169
-
Employer
50 778
40 492
160 582
-
accident
659
526
1 543
-
other
2 412
1 922
7 271
-
chamber of commerce
202
162
642
-
unemployment
1 523
1 215
3 561
-
surtax
201
201
201
-
pensions
6 373
5 083
14 897
-
payroll
1 523
1 215
4 817
-
health
1 919
1 531
4 487
-
total
14 812
11 855
37 419
-
Corporate
132 410
145 654
156 726
-
income

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

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

33 103
36 414
39 180
-
total
33 103
36 414
39 180
-
Dividends
99 307
109 240
-
-
withholding
27 309
30 041
-
-
total
27 309
30 041
-
-
Income
198 000
198 000
198 000
198 000
Total tax
90 200
88 631
145 768
96 326
After tax
107 800
109 369
52 232
101 674
Living cost
35 802
35 802
35 802
35 802
Free-cash
71 998
73 567
16 430
65 872

Estimated living cost  is ₽35802 per week

₽23878
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3054
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.
₽8281
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73314
₽58410
₽48917
₽31600
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
198 000
national
-
-
-
76 344
communal

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

-
-
-
10 360
social contributions
-
-
-
25 332
total
-
-
-
112 036
Employee

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

72 680
-
153 357
-
communal

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

3 791
-
7 998
-
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.

3 415
-
7 208
-
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.

5 451
-
11 502
-
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.

632
-
1 334
-
national
22 345
-
56 667
-
total
35 634
-
84 709
-
Employer

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

72 680
-
153 357
-
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.

945
-
1 994
-
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.

1 060
-
2 239
-
surtax
8 241
-
17 392
-
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.

6 440
-
13 588
-
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.

4 470
-
9 431
-
total
21 156
-
44 644
-
Corporate
104 164
198 000
-
-
surtax
416
802
-
-
income
20 832
40 067
-
-
total
21 248
40 869
-
-
Dividends
82 916
157 130
-
-
withholding

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

24 505
46 770
-
-
total
24 505
46 770
-
-
Income
198 000
198 000
198 000
198 000
Total tax
102 543
87 639
129 353
112 036
After tax
95 457
110 361
68 647
85 964
Living cost
37 047
37 047
37 047
37 047
Free-cash
58 410
73 314
31 600
48 917

Estimated living cost  is ₽37047 per week

₽23863
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3239
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.
₽9365
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95056
₽88098
₽74211
₽69946
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
198 000
accident
-
-
-
848
income
-
-
-
58 843
pensions
-
-
-
26 651
other
-
-
-
94
unemployment
-
-
-
659
total
-
-
-
87 095
Employee
50 577
-
167 976
-
other
50
-
94
-
income
10 671
-
55 355
-
pensions
2 377
-
4 427
-
unemployment
785
-
1 460
-
total
13 883
-
61 336
-
Employer
50 577
-
167 976
-
accident
1 001
-
1 865
-
other
403
-
754
-
unemployment
2 782
-
5 179
-
pensions
11 935
-
22 226
-
total
16 121
-
30 024
-
Corporate
131 301
198 000
-
-
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.

19 694
29 700
-
-
total
19 694
29 700
-
-
Dividends
111 607
168 300
-
-
withholding
23 510
36 550
-
-
total
23 510
36 550
-
-
Income
198 000
198 000
198 000
198 000
Total tax
73 208
66 250
91 360
87 095
After tax
124 792
131 750
106 640
110 905
Living cost
36 694
36 694
36 694
36 694
Free-cash
88 098
95 056
69 946
74 211

Estimated living cost  is ₽36694 per week

₽27021
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2603
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6540
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59200
₽45620
₽40544
₽48440
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
198 000
accident
-
-
-
1 670
income
-
-
-
34 649
pensions
-
-
-
29 678
health
-
-
-
13 912
surtax
-
-
-
9 816
communal
-
-
-
12 514
total
-
-
-
102 239
Employee
76 946
-
176 865
-
health
3 424
-
7 869
-
surtax
4 716
-
10 840
-
income
7 432
-
40 350
-
pensions
6 155
-
14 149
-
total
21 727
-
73 208
-
Employer
76 946
-
176 865
-
accident
692
-
1 593
-
pensions
6 155
-
14 149
-
health
2 347
-
5 393
-
total
9 194
-
21 135
-
Corporate
111 861
198 000
-
-
surtax
1 174
2 079
-
-
communal
7 551
13 364
-
-
income
16 779
29 700
-
-
total
25 504
45 143
-
-
Dividends
86 357
152 858
-
-
income
27 785
15 512
-
-
withholding
12 953
22 928
-
-
total
40 738
38 440
-
-
Income
198 000
198 000
198 000
198 000
Total tax
97 163
83 583
94 343
102 239
After tax
100 837
114 417
103 657
95 761
Living cost
55 217
55 217
55 217
55 217
Free-cash
45 620
59 200
48 440
40 544

Estimated living cost  is ₽55217 per week

₽41421
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3345
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.
₽9865
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽101721
₽98488
₽70624
₽64412
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
198 000
income
-
-
-
58 190
pensions
-
-
-
27 122
other
-
-
-
-
unemployment
-
-
-
231
health
-
-
-
9 627
surtax
-
-
-
9 384
total
-
-
-
104 554
Employee
34 217
-
169 455
-
other
-
-
-
-
health
873
-
3 457
-
surtax
121
-
8 168
-
income
5 736
-
52 113
-
pensions
2 283
-
9 045
-
unemployment
2 381
-
9 438
-
total
11 394
-
82 221
-
Employer
34 217
-
169 455
-
other
-
-
-
-
unemployment
1 086
-
4 298
-
pensions
4 562
-
18 077
-
health
1 556
-
6 170
-
total
7 204
-
28 545
-
Corporate
156 579
198 000
-
-
income
40 711
51 480
-
-
total
40 711
51 480
-
-
Dividends
115 868
146 520
-
-
withholding
17 381
21 977
-
-
total
17 381
21 977
-
-
Income
198 000
198 000
198 000
198 000
Total tax
76 690
73 457
110 766
104 554
After tax
121 310
124 543
87 234
93 446
Living cost
22 822
22 822
22 822
22 822
Free-cash
98 488
101 721
64 412
70 624

Estimated living cost  is ₽22822 per week

₽13779
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1984
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6531
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76702
₽74444
₽65505
₽56673
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
198 000
municipal
-
-
-
1 178
regional
-
-
-
2 988
national
-
-
-
50 104
social contributions
-
-
-
50 854
total
-
-
-
105 124
Employee
56 363
-
198 000
-
social contributions
19 006
-
66 670
-
regional
759
-
2 666
-
municipal
299
-
1 051
-
national
8 929
-
43 569
-
total
28 993
-
113 956
-
Employer
56 363
-
198 000
-
total
-
-
-
-
Corporate
141 637
198 000
-
-
nationa
33 994
47 520
-
-
municipal
7 040
9 841
-
-
total
41 034
57 361
-
-
Dividends
100 604
140 639
-
-
withholding
26 158
36 566
-
-
total
26 158
36 566
-
-
Income
198 000
198 000
198 000
198 000
Total tax
96 185
93 927
113 956
105 124
After tax
101 815
104 073
84 044
92 876
Living cost
27 371
27 371
27 371
27 371
Free-cash
74 444
76 702
56 673
65 505

Estimated living cost  is ₽27371 per week

₽17022
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2773
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7107
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽106412
₽95742
₽84808
₽76448
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
198 000
income
-
-
-
20 451
health
-
-
-
26 730
solidarity contribution
-
-
-
1 171
social contributions
-
-
-
34 929
total
-
-
-
83 281
Employee
43 987
-
154 216
-
social contributions
2 859
-
7 775
-
health
5 938
-
20 819
-
solidarity contribution
-
-
420
-
income
5 278
-
18 843
-
total
14 075
-
47 857
-
Employer
43 987
-
154 216
-
social contributions
10 997
-
29 905
-
health
3 959
-
13 879
-
total
14 956
-
43 784
-
Corporate
139 057
198 000
-
-
income
26 421
37 620
-
-
total
26 421
37 620
-
-
Dividends
112 636
160 380
-
-
withholding
16 895
24 057
-
-
total
16 895
24 057
-
-
Income
198 000
198 000
198 000
198 000
Total tax
72 347
61 677
91 641
83 281
After tax
125 653
136 323
106 359
114 719
Living cost
29 911
29 911
29 911
29 911
Free-cash
95 742
106 412
76 448
84 808

Estimated living cost  is ₽29911 per week

₽22244
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1657
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.
₽5493
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77062
₽76564
₽69459
₽19866
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
198 000
chamber of commerce
-
-
-
792
income
-
-
-
58 061
pensions
-
-
-
21 960
unemployment
-
-
-
6 232
health
-
-
-
9 080
surtax
-
-
-
-
total
-
-
-
96 125
Employee
44 415
40 492
160 767
-
other
443
405
1 188
-
health
1 718
1 568
4 593
-
income
3 957
2 987
47 761
-
pensions
4 549
4 146
12 155
-
unemployment
1 332
1 215
3 561
-
total
11 999
10 321
69 258
-
Employer
44 415
40 492
160 767
-
accident
577
526
1 543
-
other
2 109
1 922
7 279
-
chamber of commerce
177
162
644
-
unemployment
1 332
1 215
3 561
-
surtax
-
-
-
-
pensions
5 574
5 083
14 897
-
payroll
1 332
1 215
4 822
-
health
1 679
1 531
4 487
-
total
12 780
11 654
37 233
-
Corporate
140 803
145 855
156 911
-
income

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

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

35 201
36 464
39 227
-
total
35 201
36 464
39 227
-
Dividends
105 602
109 391
-
-
withholding
29 040
30 083
-
-
total
29 040
30 083
-
-
Income
198 000
198 000
198 000
198 000
Total tax
89 020
88 522
145 718
96 125
After tax
108 980
109 478
52 282
101 875
Living cost
32 416
32 416
32 416
32 416
Free-cash
76 564
77 062
19 866
69 459

Estimated living cost  is ₽32416 per week

₽19446
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3311
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽578
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9082
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽173667
₽170961
₽181587
₽143967
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
198 000
microenterprise

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

-
-
-
1 980
total
-
-
-
1 980
Employee
18 041
-
198 000
-
income
3 608
-
39 600
-
total
3 608
-
39 600
-
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%.

179 959
198 000
-
-
total
-
-
-
-
Dividends
179 959
198 000
-
-
withholding
8 998
9 900
-
-
total
8 998
9 900
-
-
Income
198 000
198 000
198 000
198 000
Total tax
12 606
9 900
39 600
1 980
After tax
185 394
188 100
158 400
196 020
Living cost
14 433
14 433
14 433
14 433
Free-cash
170 961
173 667
143 967
181 587

Estimated living cost  is ₽14433 per week

₽9767
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽606
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.
₽3576
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽109068
₽100569
₽67900
₽63242
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
198 000
income
-
-
-
46 909
pensions
-
-
-
36 159
unemployment
-
-
-
297
health
-
-
-
19 482
total
-
-
-
102 847
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.

44 931
-
171 324
-
health
2 902
-
11 068
-
income
7 748
-
42 969
-
pensions
6 965
-
26 555
-
unemployment
64
-
239
-
total
17 679
-
80 831
-
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.

44 931
-
171 324
-
unemployment
27
-
102
-
pensions
3 976
-
15 161
-
health
2 993
-
11 411
-
total
6 996
-
26 674
-
Corporate
146 074
198 000
-
-
income
27 754
37 621
-
-
total
27 754
37 621
-
-
Dividends
118 320
160 379
-
-
withholding
17 749
24 058
-
-
total
17 749
24 058
-
-
Income
198 000
198 000
198 000
198 000
Total tax
70 178
61 679
107 505
102 847
After tax
127 822
136 321
90 495
95 153
Living cost
27 253
27 253
27 253
27 253
Free-cash
100 569
109 068
63 242
67 900

Estimated living cost  is ₽27253 per week

₽18703
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1747
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6276
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76570
₽28183
₽92941
₽140725
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
198 000
income
-
-
-
38 594
social contributions
-
-
-
22 572
total
-
-
-
61 166
Employee
62 937
-
-
-
social contributions
5 161
-
735
-
income
13 883
-
-
-
total
19 044
-
735
-
Employer
62 937
-
-
-
social contributions
88 740
-
12 647
-
total
88 740
-
12 647
-
Corporate
46 323
198 000
-
-
income
10 191
43 560
-
-
total
10 191
43 560
-
-
Dividends
36 132
154 440
-
-
income
7 949
33 977
-
-
total
7 949
33 977
-
-
Income
198 000
198 000
198 000
198 000
Total tax
125 924
77 537
13 382
61 166
After tax
72 076
120 463
184 618
136 834
Living cost
43 893
43 893
43 893
43 893
Free-cash
28 183
76 570
140 725
92 941

Estimated living cost  is ₽43893 per week

₽28480
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4128
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10726
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80752
₽79729
₽72947
₽57935
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
198 000
income
-
-
-
24 377
surtax
-
-
-
-
social contributions

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

-
-
-
68 805
total
-
-
-
93 182
Employee
46 731
-
160 000
-
social contributions
5 141
-
17 600
-
surtax
-
-
-
-
income
9 720
-
52 594
-
total
14 861
-
70 194
-
Employer
46 731
-
160 000
-
social contributions
11 099
-
38 000
-
total
11 099
-
38 000
-
Corporate
140 170
198 000
-
-
surtax
-
-
-
-
income
29 435
41 579
-
-
total
29 435
41 579
-
-
Dividends
110 735
156 421
-
-
withholding
31 005
43 798
-
-
total
31 005
43 798
-
-
Income
198 000
198 000
198 000
198 000
Total tax
86 400
85 377
108 194
93 182
After tax
111 600
112 623
89 806
104 818
Living cost
31 871
31 871
31 871
31 871
Free-cash
79 729
80 752
57 935
72 947

Estimated living cost  is ₽31871 per week

₽23846
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1880
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽532
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5613
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50716
₽57702
₽61924
₽57576
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
198 000
income
-
-
-
32 765
pensions
-
-
-
33 493
other
-
-
-
6 137
health
-
-
-
8 966
surtax
-
-
-
-
social contributions
-
-
-
5 640
total
-
-
-
87 001
Employee
63 638
-
152 366
-
social contributions
1 812
-
4 340
-
surtax
-
-
-
-
income
5 553
-
30 416
-
pensions
7 198
-
10 958
-
total
14 563
-
45 714
-
Employer
63 638
-
152 366
-
other
2 196
-
6 098
-
social contributions
191
-
457
-
unemployment
2 578
-
6 170
-
pensions
10 456
-
18 382
-
health
4 454
-
14 528
-
total
19 875
-
45 635
-
Corporate
114 486
198 000
-
-
surtax
-
-
-
-
income
32 056
55 441
-
-
total
32 056
55 441
-
-
Dividends
82 431
142 559
-
-
surtax
-
-
-
-
social contributions
14 178
24 521
-
-
withholding
10 551
18 248
-
-
total
24 729
42 769
-
-
Income
198 000
198 000
198 000
198 000
Total tax
91 223
98 210
91 349
87 001
After tax
106 777
99 790
106 651
110 999
Living cost
49 074
49 074
49 074
49 074
Free-cash
57 702
50 716
57 576
61 924

Estimated living cost  is ₽49074 per week

₽33213
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4014
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽673
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11174
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽147658
₽144245
₽114622
₽119886
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
198 000
income
-
-
-
9 275
social contributions
-
-
-
43 561
total
-
-
-
52 836
Employee
32 665
-
171 428
-
income
-
-
9 859
-
social contributions
2 123
-
11 143
-
total
2 123
-
21 002
-
Employer
32 665
-
171 428
-
social contributions
5 063
-
26 570
-
total
5 063
-
26 570
-
Corporate
160 271
198 000
-
-
income
16 027
19 800
-
-
total
16 027
19 800
-
-
Dividends
144 244
178 200
-
-
total
-
-
-
-
Income
198 000
198 000
198 000
198 000
Total tax
23 213
19 800
47 572
52 836
After tax
174 787
178 200
150 428
145 164
Living cost
30 542
30 542
30 542
30 542
Free-cash
144 245
147 658
119 886
114 622

Estimated living cost  is ₽30542 per week

₽19748
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2302
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7917
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽23352
-₽23352
₽66748
-₽23352
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
198 000
municipal
-
-
-
41 810
pensions
-
-
-
881
national
-
-
-
23 864
labour market
-
-
-
15 769
total
-
-
-
82 324
Employee
206 514
206 514
206 514
-
labour market
16 498
16 498
16 498
-
national
25 229
25 229
25 229
-
municipal
43 976
43 976
43 976
-
pensions
294
294
294
-
total
85 997
85 997
85 997
-
Employer
206 514
206 514
206 514
-
labour market
16 521
16 521
16 521
-
municipal
44 046
44 046
44 046
-
pensions
587
587
587
-
national
25 273
25 273
25 273
-
total
86 427
86 427
86 427
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
198 000
198 000
198 000
198 000
Total tax
172 424
172 424
172 424
82 324
After tax
25 576
25 576
25 576
115 676
Living cost
48 928
48 928
48 928
48 928
Free-cash
-23 352
-23 352
-23 352
66 748

Estimated living cost  is ₽48928 per week

₽33487
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4328
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽752
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10360
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5824
₽12685
₽113417
₽86403
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
198 000
accident
-
-
-
255
income
-
-
-
55 695
pensions
-
-
-
4 197
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
62 721
Employee
34 391
-
179 493
-
health
3 938
-
20 552
-
income
4 718
-
42 981
-
pensions
3 873
-
7 695
-
total
12 529
-
71 228
-
Employer
34 391
-
179 493
-
accident
574
-
2 997
-
unemployment
843
-
4 398
-
pensions
5 592
-
11 112
-
total
7 009
-
18 507
-
Corporate
156 600
198 000
-
-
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.

140 940
178 200
-
-
total
140 940
178 200
-
-
Dividends
15 660
19 800
-
-
withholding
2 975
3 762
-
-
total
2 975
3 762
-
-
Income
198 000
198 000
198 000
198 000
Total tax
163 453
181 962
89 735
62 721
After tax
34 547
16 038
108 265
135 279
Living cost
21 862
21 862
21 862
21 862
Free-cash
12 685
-5 824
86 403
113 417

Estimated living cost  is ₽21862 per week

₽15913
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1246
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽410
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4292
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83880
₽86890
₽85936
₽63255
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
198 000
municipal
-
-
-
35 168
health
-
-
-
2 624
national
-
-
-
35 263
total
-
-
-
73 055
Employee
53 457
-
166 569
-
health
399
-
2 140
-
municipal
8 756
-
27 124
-
pensions
3 608
-
11 243
-
unemployment
802
-
2 499
-
national
883
-
21 299
-
total
14 448
-
64 305
-
Employer
53 457
-
166 569
-
accident
54
-
166
-
unemployment
347
-
1 084
-
pensions
9 275
-
28 899
-
health
411
-
1 282
-
total
10 087
-
31 431
-
Corporate
134 457
198 000
-
-
income
26 892
39 601
-
-
total
26 892
39 601
-
-
Dividends

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

80 673
118 799
-
-
national
6 153
14 127
-
-
municipal
14 521
21 383
-
-
total
20 674
35 510
-
-
Income
198 000
198 000
198 000
198 000
Total tax
72 101
75 111
95 736
73 055
After tax
125 899
122 889
102 264
124 945
Living cost
39 009
39 009
39 009
39 009
Free-cash
86 890
83 880
63 255
85 936

Estimated living cost  is ₽39009 per week

₽25481
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3752
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽621
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9157
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽120854
₽115326
₽110854
₽109167
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
198 000
income
-
-
-
42 131
health
-
-
-
5 050
social contributions
-
-
-
16 440
total
-
-
-
63 621
Employee
78 130
78 130
185 816
-
social contributions
2 954
6 484
8 746
-
health
605
1 329
3 158
-
income
8 507
7 233
41 220
-
total
12 066
15 046
53 124
-
Employer
78 130
78 130
185 816
-
social contributions
2 954
6 484
8 746
-
health
658
1 446
3 438
-
total
3 612
7 930
12 184
-
Corporate
158 797
111 939
-
-
income
19 851
13 993
-
-
total
19 851
13 993
-
-
Dividends
138 947
97 946
-
-
withholding
23 620
16 652
-
-
total
23 620
16 652
-
-
Income
198 000
198 000
198 000
198 000
Total tax
59 149
53 621
65 308
63 621
After tax
138 851
144 379
132 692
134 379
Living cost
23 525
23 525
23 525
23 525
Free-cash
115 326
120 854
109 167
110 854

Estimated living cost  is ₽23525 per week

₽14099
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2308
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽521
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6598
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽147832
₽142662
₽151397
₽131016
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
198 000
income
-
-
-
20 302
pensions
-
-
-
6 463
unemployment
-
-
-
29
health
-
-
-
3 677
total
-
-
-
30 471
Employee

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

23 322
-
188 070
-
health
1 982
-
8 195
-
income
1 595
-
17 784
-
pensions
3 498
-
14 461
-
unemployment
116
-
482
-
total
7 191
-
40 922
-
Employer

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

23 322
-
188 070
-
unemployment
116
-
482
-
pensions
1 282
-
5 302
-
health
1 003
-
4 146
-
total
2 401
-
9 930
-
Corporate
172 277
198 000
-
-
income
15 504
17 820
-
-
total
15 504
17 820
-
-
Dividends
156 773
180 180
-
-
withholding
14 110
16 216
-
-
total
14 110
16 216
-
-
Income
198 000
198 000
198 000
198 000
Total tax
39 206
34 036
50 852
30 471
After tax
158 794
163 964
147 148
167 529
Living cost
16 132
16 132
16 132
16 132
Free-cash
142 662
147 832
131 016
151 397

Estimated living cost  is ₽16132 per week

₽10293
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1163
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4196
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽103809
₽99322
₽82964
₽78699
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
198 000
accident
-
-
-
848
income
-
-
-
58 843
pensions
-
-
-
26 651
other
-
-
-
94
unemployment
-
-
-
659
total
-
-
-
87 095
Employee
37 570
-
167 976
-
other
37
-
94
-
income
7 243
-
55 355
-
pensions
1 766
-
4 427
-
unemployment
582
-
1 460
-
total
9 628
-
61 336
-
Employer
37 570
-
167 976
-
accident
744
-
1 865
-
other
301
-
754
-
unemployment
2 067
-
5 179
-
pensions
8 866
-
22 226
-
total
11 978
-
30 024
-
Corporate
148 452
198 000
-
-
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.

22 268
29 700
-
-
total
22 268
29 700
-
-
Dividends
126 184
168 300
-
-
withholding
26 863
36 550
-
-
total
26 863
36 550
-
-
Income
198 000
198 000
198 000
198 000
Total tax
70 737
66 250
91 360
87 095
After tax
127 263
131 750
106 640
110 905
Living cost
27 941
27 941
27 941
27 941
Free-cash
99 322
103 809
78 699
82 964

Estimated living cost  is ₽27941 per week

₽18859
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2686
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.
₽5906
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽120771
₽120315
₽124285
₽124088
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
198 000
income
-
-
-
67 434
pensions
-
-
-
2 029
health
-
-
-
1 471
total
-
-
-
70 934
Employee
4 236
-
195 718
-
health
212
-
507
-
income
820
-
67 327
-
pensions
381
-
913
-
unemployment
42
-
101
-
total
1 455
-
68 848
-
Employer
4 236
-
195 718
-
unemployment
85
-
203
-
pensions
466
-
1 116
-
health
402
-
964
-
total
953
-
2 283
-
Corporate
192 810
198 000
-
-
income
42 418
43 560
-
-
total
42 418
43 560
-
-
Dividends
150 392
154 440
-
-
withholding
30 078
30 888
-
-
total
30 078
30 888
-
-
Income
198 000
198 000
198 000
198 000
Total tax
74 904
74 448
71 131
70 934
After tax
123 096
123 552
126 869
127 066
Living cost
2 781
2 781
2 781
2 781
Free-cash
120 315
120 771
124 088
124 285

Estimated living cost  is ₽2781 per week

₽1653
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽225
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽64
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽839
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽125497
₽120499
₽106821
₽106820
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
198 000
income
-
-
-
45 259
pensions
-
-
-
19 509
unemployment
-
-
-
1 125
health
-
-
-
7 728
total
-
-
-
73 621
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.

26 477
-
184 569
-
health
1 364
-
3 864
-
income
3 650
-
45 259
-
pensions
3 707
-
10 505
-
unemployment
199
-
563
-
total
8 920
-
60 191
-
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.

26 477
-
184 569
-
unemployment
199
-
563
-
pensions
3 177
-
9 004
-
health
1 364
-
3 864
-
total
4 740
-
13 431
-
Corporate
166 784
198 000
-
-
income
25 018
29 700
-
-
total
25 018
29 700
-
-
Dividends
141 766
168 300
-
-
withholding
21 265
25 245
-
-
total
21 265
25 245
-
-
Income
198 000
198 000
198 000
198 000
Total tax
59 943
54 945
73 622
73 621
After tax
138 057
143 055
124 378
124 379
Living cost
17 558
17 558
17 558
17 558
Free-cash
120 499
125 497
106 820
106 821

Estimated living cost  is ₽17558 per week

₽11822
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1358
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3870
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85231
₽84864
₽77426
₽62414
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
198 000
income
-
-
-
24 377
surtax
-
-
-
-
social contributions

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

-
-
-
68 805
total
-
-
-
93 182
Employee
39 436
-
160 000
-
social contributions
4 338
-
17 600
-
surtax
-
-
-
-
income
7 705
-
52 594
-
total
12 043
-
70 194
-
Employer
39 436
-
160 000
-
social contributions
9 365
-
38 000
-
total
9 365
-
38 000
-
Corporate
149 199
198 000
-
-
surtax
-
-
-
-
income
31 333
41 579
-
-
total
31 333
41 579
-
-
Dividends
117 866
156 421
-
-
withholding
33 003
43 798
-
-
total
33 003
43 798
-
-
Income
198 000
198 000
198 000
198 000
Total tax
85 744
85 377
108 194
93 182
After tax
112 256
112 623
89 806
104 818
Living cost
27 392
27 392
27 392
27 392
Free-cash
84 864
85 231
62 414
77 426

Estimated living cost  is ₽27392 per week

₽19401
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1903
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.
₽5603
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96041
₽89392
₽75196
₽70931
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
198 000
accident
-
-
-
848
income
-
-
-
58 843
pensions
-
-
-
26 651
other
-
-
-
94
unemployment
-
-
-
659
total
-
-
-
87 095
Employee
49 071
-
167 976
-
other
48
-
94
-
income
10 249
-
55 355
-
pensions
2 306
-
4 427
-
unemployment
760
-
1 460
-
total
13 363
-
61 336
-
Employer
49 071
-
167 976
-
accident
972
-
1 865
-
other
393
-
754
-
unemployment
2 699
-
5 179
-
pensions
11 581
-
22 226
-
total
15 645
-
30 024
-
Corporate
133 284
198 000
-
-
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.

19 993
29 700
-
-
total
19 993
29 700
-
-
Dividends
113 290
168 300
-
-
withholding
23 898
36 550
-
-
total
23 898
36 550
-
-
Income
198 000
198 000
198 000
198 000
Total tax
72 899
66 250
91 360
87 095
After tax
125 101
131 750
106 640
110 905
Living cost
35 709
35 709
35 709
35 709
Free-cash
89 392
96 041
70 931
75 196

Estimated living cost  is ₽35709 per week

₽25645
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2777
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6785
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽151811
₽145619
₽141344
₽149315
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
198 000
income
-
-
-
29 700
pensions

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

-
-
-
5 253
unemployment
-
-
-
142
health
-
-
-
4 082
total
-
-
-
39 177
Employee
23 145
-
191 037
-
health
1 065
-
1 633
-
accident

We are using the highest rate at 1.1%.

254
-
390
-
income
2 315
-
19 104
-
pensions

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

2 032
-
3 116
-
total
5 666
-
24 243
-
Employer
23 145
-
191 037
-
accident

We are using the highest rate at 1.1%.

254
-
390
-
unemployment
139
-
213
-
pensions

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

2 551
-
3 911
-
health
1 597
-
2 449
-
total
4 541
-
6 963
-
Corporate
170 314
198 000
-
-
income
17 031
19 800
-
-
total
17 031
19 800
-
-
Dividends
153 283
178 200
-
-
withholding
7 664
8 910
-
-
total
7 664
8 910
-
-
Income
198 000
198 000
198 000
198 000
Total tax
34 902
28 710
31 206
39 177
After tax
163 098
169 290
166 794
158 823
Living cost
17 479
17 479
17 479
17 479
Free-cash
145 619
151 811
149 315
141 344

Estimated living cost  is ₽17479 per week

₽11561
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1001
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽417
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4502
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62642
₽75938
₽63403
₽85037
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
198 000
trade
-
-
-
21 634
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.

-
-
-
63 313
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.

-
-
-
6 941
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.

-
-
-
3 482
total
-
-
-
95 370
Employee

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

50 555
-
198 000
-
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.

6 941
-
6 941
-
surtax

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

229
-
3 482
-
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.

4 157
-
63 313
-
total
11 327
-
73 736
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
147 445
198 000
-
-
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.

1 217
1 633
-
-
income
22 116
29 700
-
-
trade
21 158
28 414
-
-
chamber of commerce
370
445
-
-
total
44 861
60 192
-
-
Dividends
102 584
137 808
-
-
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.

1 388
1 874
-
-
withholding
25 259
34 065
-
-
total
26 647
35 939
-
-
Income
198 000
198 000
198 000
198 000
Total tax
82 835
96 131
73 736
95 370
After tax
115 165
101 869
124 264
102 630
Living cost
39 227
39 227
39 227
39 227
Free-cash
75 938
62 642
85 037
63 403

Estimated living cost  is ₽39227 per week

₽27060
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4221
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7377
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80722
₽82964
₽44241
₽44241
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
198 000
income
-
-
-
62 405
social contributions
-
-
-
33 475
total
-
-
-
95 880
Employee
79 479
-
198 000
-
income
14 997
-
62 405
-
social contributions
6 603
-
33 475
-
total
21 600
-
95 880
-
Employer
79 479
-
198 000
-
total
-
-
-
-
Corporate
118 521
198 000
-
-
income
14 816
24 750
-
-
total
14 816
24 750
-
-
Dividends
103 705
173 250
-
-
withholding
20 741
34 649
-
-
total
20 741
34 649
-
-
Income
198 000
198 000
198 000
198 000
Total tax
57 157
59 399
95 880
95 880
After tax
140 843
138 601
102 120
102 120
Living cost
57 879
57 879
57 879
57 879
Free-cash
82 964
80 722
44 241
44 241

Estimated living cost  is ₽57879 per week

₽44034
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4716
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8577
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86449
₽90000
₽124605
₽102738
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
198 000
income
-
-
-
29 700
health

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

-
-
-
6 812
total
-
-
-
36 512
Employee
46 611
-
193 326
-
income
5 058
-
49 031
-
social contributions
4 670
-
4 674
-
total
9 728
-
53 705
-
Employer
46 611
-
193 326
-
social contributions
4 670
-
4 674
-
total
4 670
-
4 674
-
Corporate
146 719
198 000
-
-
income
51 351
69 300
-
-
total
51 351
69 300
-
-
Dividends
95 368
128 700
-
-
social contributions
5 368
5 368
-
-
total
5 368
5 368
-
-
Income
198 000
198 000
198 000
198 000
Total tax
71 117
74 668
58 379
36 512
After tax
126 883
123 332
139 621
161 488
Living cost
36 883
36 883
36 883
36 883
Free-cash
90 000
86 449
102 738
124 605

Estimated living cost  is ₽36883 per week

₽24295
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2908
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.
₽9114
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89695
₽95751
₽91971
₽74148
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
198 000
income
-
-
-
58 483
pensions
-
-
-
9 559
total
-
-
-
68 042
Employee
52 143
-
172 799
-
health
680
-
2 435
-
income
9 496
-
46 602
-
pensions
3 980
-
11 627
-
total
14 156
-
60 664
-
Employer
52 143
-
172 799
-
pensions
5 268
-
21 917
-
health
991
-
3 284
-
total
6 259
-
25 201
-
Corporate
139 598
198 000
-
-
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.

26 523
37 620
-
-
total
26 523
37 620
-
-
Dividends
113 075
160 380
-
-
withholding
17 324
32 698
-
-
total
17 324
32 698
-
-
Income
198 000
198 000
198 000
198 000
Total tax
64 262
70 318
85 865
68 042
After tax
133 738
127 682
112 135
129 958
Living cost
37 987
37 987
37 987
37 987
Free-cash
95 751
89 695
74 148
91 971

Estimated living cost  is ₽37987 per week

₽26059
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3493
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.
₽7957
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽7989
₽12353
₽111252
₽84238
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
198 000
accident
-
-
-
255
income
-
-
-
55 695
pensions
-
-
-
4 197
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
62 721
Employee
37 795
-
179 493
-
health
4 327
-
20 552
-
income
5 185
-
42 981
-
pensions
4 256
-
7 695
-
total
13 768
-
71 228
-
Employer
37 795
-
179 493
-
accident
631
-
2 997
-
unemployment
926
-
4 398
-
pensions
6 145
-
11 112
-
total
7 702
-
18 507
-
Corporate
152 503
198 000
-
-
income

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

137 253
178 200
-
-
total
137 253
178 200
-
-
Dividends
15 250
19 800
-
-
withholding
2 897
3 762
-
-
total
2 897
3 762
-
-
Income
198 000
198 000
198 000
198 000
Total tax
161 620
181 962
89 735
62 721
After tax
36 380
16 038
108 265
135 279
Living cost
24 027
24 027
24 027
24 027
Free-cash
12 353
-7 989
84 238
111 252

Estimated living cost  is ₽24027 per week

₽17633
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1400
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.
₽4510
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽137775
₽148178
₽106778
₽129072
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
198 000
work injury
-
-
-
811
health insurance
-
-
-
11 998
income
-
-
-
32 939
pensions
-
-
-
29 833
unemployment
-
-
-
1 946
total
-
-
-
77 527
Employee

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

21 911
-
198 000
-
work injury
110
-
405
-
income
2 191
-
32 939
-
pensions
4 032
-
14 917
-
health insurance
1 621
-
5 999
-
unemployment
263
-
973
-
total
8 217
-
55 233
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
176 089
198 000
-
-
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%.

1 761
19 800
-
-
total
1 761
19 800
-
-
Dividends
174 328
178 200
-
-
withholding
26 149
26 730
-
-
total
26 149
26 730
-
-
Income
198 000
198 000
198 000
198 000
Total tax
36 127
46 530
55 233
77 527
After tax
161 873
151 470
142 767
120 473
Living cost
13 695
13 695
13 695
13 695
Free-cash
148 178
137 775
129 072
106 778

Estimated living cost  is ₽13695 per week

₽8484
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽995
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽427
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3788
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63815
₽59194
₽50678
₽42055
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
198 000
municipal
-
-
-
1 325
regional
-
-
-
4 561
national
-
-
-
50 104
social contributions
-
-
-
50 854
total
-
-
-
106 844
Employee
85 620
-
198 000
-
social contributions
28 871
-
66 670
-
regional
1 293
-
4 046
-
municipal
511
-
1 182
-
national
14 469
-
43 569
-
total
45 144
-
115 467
-
Employer
85 620
-
198 000
-
total
-
-
-
-
Corporate
112 380
198 000
-
-
nationa
26 971
47 520
-
-
municipal
5 416
9 544
-
-
total
32 387
57 064
-
-
Dividends
79 993
140 936
-
-
withholding
20 797
36 643
-
-
total
20 797
36 643
-
-
Income
198 000
198 000
198 000
198 000
Total tax
98 328
93 707
115 467
106 844
After tax
99 672
104 293
82 533
91 156
Living cost
40 478
40 478
40 478
40 478
Free-cash
59 194
63 815
42 055
50 678

Estimated living cost  is ₽40478 per week

₽28433
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2784
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽611
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8648
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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