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
₽ 130000
per

Your estimated
City
free-cash

Dresden , Germany
₽35223
₽46333
₽42691
₽55811
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
130 000
trade
-
-
-
13 120
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.

-
-
-
34 981
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.

-
-
-
6 862
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.

-
-
-
1 923
total
-
-
-
56 886
Employee

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

38 417
-
130 000
-
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.

6 862
-
6 862
-
surtax

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

59
-
1 923
-
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.

1 073
-
34 981
-
total
7 994
-
43 766
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
91 583
130 000
-
-
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.

755
1 073
-
-
income
13 737
19 499
-
-
trade
14 423
20 475
-
-
chamber of commerce
284
339
-
-
total
29 199
41 386
-
-
Dividends
62 383
88 613
-
-
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.

837
1 197
-
-
withholding
15 214
21 771
-
-
total
16 051
22 968
-
-
Income
130 000
130 000
130 000
130 000
Total tax
53 244
64 354
43 766
56 886
After tax
76 756
65 646
86 234
73 114
Living cost
30 423
30 423
30 423
30 423
Free-cash
46 333
35 223
55 811
42 691

Estimated living cost  is ₽30423 per week

₽19137
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3547
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽568
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7171
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30437
₽29594
₽26842
₽27863
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
130 000
municipal
-
-
-
13 915
pensions
-
-
-
15 600
national
-
-
-
21 562
social contributions
-
-
-
1 398
total
-
-
-
52 475
Employee
78 568
-
112 384
-
municipal
9 704
-
14 418
-
pensions
3 143
-
4 495
-
national
15 038
-
22 342
-
total
27 885
-
41 255
-
Employer
78 568
-
112 384
-
social contributions
845
-
1 208
-
pensions
6 285
-
8 991
-
total
7 130
-
10 199
-
Corporate
39 117
130 000
-
-
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%.

7 823
26 000
-
-
total
7 823
26 000
-
-
Dividends
31 293
104 000
-
-
withholding
6 885
22 880
-
-
total
6 885
22 880
-
-
Income
130 000
130 000
130 000
130 000
Total tax
49 723
48 880
51 454
52 475
After tax
80 277
81 120
78 546
77 525
Living cost
50 683
50 683
50 683
50 683
Free-cash
29 594
30 437
27 863
26 842

Estimated living cost  is ₽50683 per week

₽34449
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4711
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽759
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10764
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83103
₽74864
₽17564
₽52042
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
130 000
microenterprise
-
-
-
-
income
-
-
-
19 905
surtax
-
-
-
33 151
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.

-
-
-
38 484
total
-
-
-
91 540
Employee
29 350
-
104 763
-
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.

3 229
-
11 524
-
surtax
-
-
-
-
income
5 225
-
20 301
-
total
8 454
-
31 825
-
Employer
29 350
-
104 763
-
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.

7 070
-
25 237
-
surtax
-
-
-
-
total
7 070
-
25 237
-
Corporate
93 580
130 000
-
-
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%.

18 716
26 001
-
-
total
18 716
26 001
-
-
Dividends

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

74 865
103 999
-
-
total
-
-
-
-
Income
130 000
130 000
130 000
130 000
Total tax
34 240
26 001
57 062
91 540
After tax
95 760
103 999
72 938
38 460
Living cost
20 896
20 896
20 896
20 896
Free-cash
74 864
83 103
52 042
17 564

Estimated living cost  is ₽20896 per week

₽13331
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1990
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.
₽5101
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21585
₽15431
₽32879
₽31063
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
130 000
income
-
-
-
30 890
pensions
-
-
-
11 768
health
-
-
-
12 386
total
-
-
-
55 044
Employee
85 774
85 774
111 334
-
health
13 165
11 198
12 386
-
income

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

14 040
14 040
14 040
-
pensions
15 439
11 768
11 768
-
total
42 644
37 006
38 194
-
Employer
85 774
85 774
111 334
-
unemployment
3 088
3 088
3 837
-
pensions
5 970
5 970
7 420
-
health
5 962
5 962
7 409
-
total
15 020
15 020
18 666
-
Corporate
30 258
29 206
-
-
income
6 052
5 842
-
-
total
6 052
5 842
-
-
Dividends
24 206
23 364
-
-
income
5 145
4 965
-
-
withholding
3 631
3 505
-
-
total
8 776
8 470
-
-
Income
130 000
130 000
130 000
130 000
Total tax
72 492
66 338
56 860
55 044
After tax
57 508
63 662
73 140
74 956
Living cost
42 077
42 077
42 077
42 077
Free-cash
15 431
21 585
31 063
32 879

Estimated living cost  is ₽42077 per week

₽29819
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3793
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽669
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7796
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rotterdam model

Close
Stockholm , Sweden
₽32017
₽31143
₽29983
₽28932
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
130 000
municipal
-
-
-
31 389
accident
-
-
-
171
pensions
-
-
-
9 231
other
-
-
-
9 923
unemployment
-
-
-
85
health
-
-
-
5 328
national
-
-
-
4 927
total
-
-
-
61 054
Employee
55 518
-
103 170
-
municipal
16 556
-
30 765
-
national
-
-
4 509
-
total
16 556
-
35 274
-
Employer
55 518
-
103 170
-
accident
111
-
171
-
other
6 451
-
9 923
-
unemployment
1 466
-
2 254
-
pensions
6 001
-
9 231
-
health
3 414
-
5 252
-
total
17 443
-
26 831
-
Corporate
57 038
130 000
-
-
income
12 548
28 600
-
-
total
12 548
28 600
-
-
Dividends
44 489
101 400
-
-
withholding
13 347
30 420
-
-
total
13 347
30 420
-
-
Income
130 000
130 000
130 000
130 000
Total tax
59 894
59 020
62 105
61 054
After tax
70 106
70 980
67 895
68 946
Living cost
38 963
38 963
38 963
38 963
Free-cash
31 143
32 017
28 932
29 983

Estimated living cost  is ₽38963 per week

₽25823
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3823
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.
₽8725
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25518
₽39632
₽33073
₽46776
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
130 000
trade
-
-
-
13 703
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.

-
-
-
34 981
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.

-
-
-
6 862
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.

-
-
-
1 923
total
-
-
-
57 469
Employee

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

50 937
-
130 000
-
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.

6 862
-
6 862
-
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.

240
-
1 923
-
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.

4 376
-
34 981
-
total
11 478
-
43 766
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
79 063
130 000
-
-
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.

652
1 073
-
-
income
11 860
19 499
-
-
trade
13 005
21 384
-
-
chamber of commerce
265
337
-
-
total
25 782
42 293
-
-
Dividends
53 282
87 706
-
-
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.

711
1 186
-
-
withholding
12 939
21 545
-
-
total
13 650
22 731
-
-
Income
130 000
130 000
130 000
130 000
Total tax
50 910
65 024
43 766
57 469
After tax
79 090
64 976
86 234
72 531
Living cost
39 458
39 458
39 458
39 458
Free-cash
39 632
25 518
46 776
33 073

Estimated living cost  is ₽39458 per week

₽26390
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4161
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽589
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8318
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62410
₽58246
₽58430
₽57062
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
130 000
income
-
-
-
19 425
health
-
-
-
3 315
social contributions
-
-
-
16 251
total
-
-
-
38 991
Employee
77 236
77 236
119 151
-
social contributions
3 753
6 410
8 646
-
health
768
1 313
2 026
-
income
8 110
7 150
18 838
-
total
12 631
14 873
29 510
-
Employer
77 236
77 236
119 151
-
social contributions
3 753
6 410
8 646
-
health
837
1 430
2 203
-
total
4 590
7 840
10 849
-
Corporate
80 200
44 925
-
-
income
10 024
5 615
-
-
total
10 024
5 615
-
-
Dividends
70 176
39 309
-
-
withholding
11 930
6 683
-
-
total
11 930
6 683
-
-
Income
130 000
130 000
130 000
130 000
Total tax
39 175
35 011
40 359
38 991
After tax
90 825
94 989
89 641
91 009
Living cost
32 579
32 579
32 579
32 579
Free-cash
58 246
62 410
57 062
58 430

Estimated living cost  is ₽32579 per week

₽22271
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2545
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7216
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54897
₽55276
₽71829
₽57133
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
130 000
income
-
-
-
15 892
pensions
-
-
-
13 000
unemployment
-
-
-
1 950
health
-
-
-
9 100
total
-
-
-
39 942
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.

26 314
10 473
108 787
-
health
1 842
733
7 615
-
income
3 217
1 280
13 299
-
pensions
2 631
1 047
10 879
-
unemployment
395
157
1 632
-
total
8 085
3 217
33 425
-
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.

26 314
10 473
108 787
-
pensions
5 131
2 042
21 213
-
total
5 131
2 042
21 213
-
Corporate
98 555
117 485
-
-
income
8 870
10 574
-
-
total
8 870
10 574
-
-
Dividends
89 685
106 912
-
-
social contributions
17 369
20 728
-
-
withholding
17 040
20 313
-
-
total
34 409
41 041
-
-
Income
130 000
130 000
130 000
130 000
Total tax
56 495
56 874
54 638
39 942
After tax
73 505
73 126
75 362
90 058
Living cost
18 229
18 229
18 229
18 229
Free-cash
55 276
54 897
57 133
71 829

Estimated living cost  is ₽18229 per week

₽12440
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1491
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽364
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3934
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79738
₽73498
₽45421
₽50668
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
130 000
income
-
-
-
17 420
pensions
-
-
-
25 999
health
-
-
-
16 899
total
-
-
-
60 318
Employee
28 494
-
97 158
-
income
3 208
-
18 733
-
pensions
570
-
1 942
-
unemployment
456
-
1 555
-
total
4 234
-
22 230
-
Employer
28 494
-
97 158
-
unemployment
229
-
778
-
pensions
5 699
-
19 433
-
health
3 704
-
12 630
-
total
9 632
-
32 841
-
Corporate
91 875
130 000
-
-
income
18 375
26 001
-
-
total
18 375
26 001
-
-
Dividends
73 500
103 999
-
-
total
-
-
-
-
Income
130 000
130 000
130 000
130 000
Total tax
32 241
26 001
55 071
60 318
After tax
97 759
103 999
74 929
69 682
Living cost
24 261
24 261
24 261
24 261
Free-cash
73 498
79 738
50 668
45 421

Estimated living cost  is ₽24261 per week

₽16640
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1445
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5688
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽11515
₽7147
₽66992
₽46934
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
130 000
accident
-
-
-
253
income
-
-
-
33 985
pensions
-
-
-
4 169
other
-
-
-
371
health
-
-
-
2 185
total
-
-
-
40 963
Employee
34 678
-
114 253
-
health
3 971
-
13 082
-
income
4 758
-
24 547
-
pensions
3 905
-
7 645
-
total
12 634
-
45 274
-
Employer
34 678
-
114 253
-
accident
579
-
1 908
-
unemployment
850
-
2 799
-
pensions
5 639
-
11 040
-
total
7 068
-
15 747
-
Corporate
88 254
130 000
-
-
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.

79 429
117 000
-
-
total
79 429
117 000
-
-
Dividends
8 825
13 000
-
-
withholding
1 677
2 470
-
-
total
1 677
2 470
-
-
Income
130 000
130 000
130 000
130 000
Total tax
100 808
119 470
61 021
40 963
After tax
29 192
10 530
68 979
89 037
Living cost
22 045
22 045
22 045
22 045
Free-cash
7 147
-11 515
46 934
66 992

Estimated living cost  is ₽22045 per week

₽16157
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1221
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4207
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽114400
₽112694
₽119600
₽94900
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
130 000
microenterprise

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

-
-
-
1 300
total
-
-
-
1 300
Employee
11 375
-
130 000
-
income
2 275
-
26 000
-
total
2 275
-
26 000
-
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%.

118 625
130 000
-
-
total
-
-
-
-
Dividends
118 625
130 000
-
-
withholding
5 931
6 500
-
-
total
5 931
6 500
-
-
Income
130 000
130 000
130 000
130 000
Total tax
8 206
6 500
26 000
1 300
After tax
121 794
123 500
104 000
128 700
Living cost
9 100
9 100
9 100
9 100
Free-cash
112 694
114 400
94 900
119 600

Estimated living cost  is ₽9100 per week

₽5639
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽756
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽250
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2454
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68745
₽61963
₽42664
₽48044
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
130 000
income
-
-
-
17 477
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.

-
-
-
31 199
other
-
-
-
6 176
health
-
-
-
5 720
total
-
-
-
60 572
Employee
36 470
-
103 831
-
health
511
-
1 454
-
income
6 279
-
19 267
-
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.

2 552
-
7 268
-
unemployment
364
-
1 039
-
total
9 706
-
29 028
-
Employer
36 470
-
103 831
-
accident
292
-
831
-
other
1 824
-
5 190
-
unemployment
364
-
1 039
-
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.

6 201
-
17 650
-
health
511
-
1 454
-
total
9 192
-
26 164
-
Corporate
84 339
130 000
-
-
income
17 711
27 301
-
-
total
17 711
27 301
-
-
Dividends
66 628
102 699
-
-
withholding
4 664
7 190
-
-
total
4 664
7 190
-
-
Income
130 000
130 000
130 000
130 000
Total tax
41 273
34 491
55 192
60 572
After tax
88 727
95 509
74 808
69 428
Living cost
26 764
26 764
26 764
26 764
Free-cash
61 963
68 745
48 044
42 664

Estimated living cost  is ₽26764 per week

₽18910
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1807
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽431
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5615
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23035
₽16519
₽22616
₽10591
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
130 000
income
-
-
-
32 190
pensions
-
-
-
8 092
total
-
-
-
40 282
Employee
94 939
-
113 995
-
health
1 564
-
1 834
-
income
17 114
-
24 174
-
pensions
9 159
-
10 295
-
total
27 837
-
36 303
-
Employer
94 939
-
113 995
-
pensions
11 210
-
13 839
-
health
1 803
-
2 165
-
total
13 013
-
16 004
-
Corporate
22 048
130 000
-
-
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.

4 190
24 699
-
-
total
4 190
24 699
-
-
Dividends
17 859
105 301
-
-
withholding
1 339
15 164
-
-
total
1 339
15 164
-
-
Income
130 000
130 000
130 000
130 000
Total tax
46 379
39 863
52 307
40 282
After tax
83 621
90 137
77 693
89 718
Living cost
67 102
67 102
67 102
67 102
Free-cash
16 519
23 035
10 591
22 616

Estimated living cost  is ₽67102 per week

₽50281
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7884
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽546
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8392
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽97982
₽93318
₽87966
₽92557
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
130 000
income
-
-
-
19 500
pensions

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

-
-
-
5 192
unemployment
-
-
-
140
health
-
-
-
4 034
total
-
-
-
28 866
Employee
17 436
-
123 117
-
health
802
-
1 614
-
accident

We are using the highest rate at 1.1%.

192
-
386
-
income
1 743
-
12 312
-
pensions

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

1 531
-
3 080
-
total
4 268
-
17 392
-
Employer
17 436
-
123 117
-
accident

We are using the highest rate at 1.1%.

192
-
386
-
unemployment
104
-
210
-
pensions

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

1 922
-
3 866
-
health
1 203
-
2 421
-
total
3 421
-
6 883
-
Corporate
109 143
130 000
-
-
income
10 914
13 000
-
-
total
10 914
13 000
-
-
Dividends
98 229
117 000
-
-
withholding
4 911
5 850
-
-
total
4 911
5 850
-
-
Income
130 000
130 000
130 000
130 000
Total tax
23 514
18 850
24 275
28 866
After tax
106 486
111 150
105 725
101 134
Living cost
13 168
13 168
13 168
13 168
Free-cash
93 318
97 982
92 557
87 966

Estimated living cost  is ₽13168 per week

₽7687
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽940
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽349
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4191
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7965
₽10491
₽19259
₽17443
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
130 000
income
-
-
-
30 890
pensions
-
-
-
11 768
health
-
-
-
12 386
total
-
-
-
55 044
Employee
93 123
85 774
111 334
-
health
11 618
11 198
12 386
-
income

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

14 040
14 040
14 040
-
pensions
11 768
11 768
11 768
-
total
37 426
37 006
38 194
-
Employer
93 123
85 774
111 334
-
unemployment
3 353
3 088
3 837
-
pensions
6 481
5 970
7 420
-
health
6 471
5 962
7 409
-
total
16 305
15 020
18 666
-
Corporate
20 572
29 206
-
-
income
4 115
5 842
-
-
total
4 115
5 842
-
-
Dividends
16 457
23 364
-
-
income
3 498
4 965
-
-
withholding
2 468
3 505
-
-
total
5 966
8 470
-
-
Income
130 000
130 000
130 000
130 000
Total tax
63 812
66 338
56 860
55 044
After tax
66 188
63 662
73 140
74 956
Living cost
55 697
55 697
55 697
55 697
Free-cash
10 491
7 965
17 443
19 259

Estimated living cost  is ₽55697 per week

₽41086
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4975
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽639
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8999
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65486
₽56917
₽42186
₽41951
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
130 000
income
-
-
-
11 683
health
-
-
-
17 550
solidarity contribution
-
-
-
-
social contributions
-
-
-
34 562
total
-
-
-
63 795
Employee
35 322
-
97 015
-
social contributions
2 296
-
6 306
-
health
4 768
-
13 097
-
solidarity contribution
-
-
-
-
income
4 239
-
11 642
-
total
11 303
-
31 045
-
Employer
35 322
-
97 015
-
social contributions
8 831
-
24 254
-
health
3 179
-
8 731
-
total
12 010
-
32 985
-
Corporate
82 668
130 000
-
-
income
15 707
24 700
-
-
total
15 707
24 700
-
-
Dividends
66 961
105 300
-
-
withholding
10 044
15 795
-
-
total
10 044
15 795
-
-
Income
130 000
130 000
130 000
130 000
Total tax
49 064
40 495
64 030
63 795
After tax
80 936
89 505
65 970
66 205
Living cost
24 019
24 019
24 019
24 019
Free-cash
56 917
65 486
41 951
42 186

Estimated living cost  is ₽24019 per week

₽16684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1709
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5154
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26977
₽21733
₽22241
₽16056
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
130 000
municipal
-
-
-
772
regional
-
-
-
1 487
national
-
-
-
29 680
social contributions
-
-
-
33 437
total
-
-
-
65 376
Employee
89 267
-
130 000
-
social contributions
30 101
-
43 836
-
regional
842
-
1 307
-
municipal
473
-
690
-
national
15 468
-
25 728
-
total
46 884
-
71 561
-
Employer
89 267
-
130 000
-
total
-
-
-
-
Corporate
40 733
130 000
-
-
nationa
9 776
31 201
-
-
municipal
1 588
5 070
-
-
total
11 364
36 271
-
-
Dividends
29 369
93 729
-
-
withholding
7 636
24 369
-
-
total
7 636
24 369
-
-
Income
130 000
130 000
130 000
130 000
Total tax
65 884
60 640
71 561
65 376
After tax
64 116
69 360
58 439
64 624
Living cost
42 383
42 383
42 383
42 383
Free-cash
21 733
26 977
16 056
22 241

Estimated living cost  is ₽42383 per week

₽29544
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2779
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽650
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9408
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59606
₽56479
₽40038
₽37892
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
130 000
income
-
-
-
28 439
pensions
-
-
-
26 001
other
-
-
-
-
unemployment
-
-
-
229
health
-
-
-
9 229
surtax
-
-
-
3 900
total
-
-
-
67 798
Employee
33 216
-
107 394
-
other
-
-
-
-
health
848
-
2 737
-
surtax
109
-
3 561
-
income
5 568
-
26 403
-
pensions
2 215
-
7 163
-
unemployment
2 312
-
7 474
-
total
11 052
-
47 338
-
Employer
33 216
-
107 394
-
other
-
-
-
-
unemployment
1 052
-
3 404
-
pensions
4 428
-
14 315
-
health
1 512
-
4 887
-
total
6 992
-
22 606
-
Corporate
89 793
130 000
-
-
income
23 346
33 801
-
-
total
23 346
33 801
-
-
Dividends
66 447
96 199
-
-
withholding
9 967
14 429
-
-
total
9 967
14 429
-
-
Income
130 000
130 000
130 000
130 000
Total tax
51 357
48 230
69 944
67 798
After tax
78 643
81 770
60 056
62 202
Living cost
22 164
22 164
22 164
22 164
Free-cash
56 479
59 606
37 892
40 038

Estimated living cost  is ₽22164 per week

₽13552
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2045
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6056
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44295
₽43666
₽43876
₽31851
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
130 000
income
-
-
-
32 190
pensions
-
-
-
8 092
total
-
-
-
40 282
Employee
63 626
-
113 995
-
health
924
-
1 834
-
income
11 459
-
24 174
-
pensions
5 400
-
10 295
-
total
17 783
-
36 303
-
Employer
63 626
-
113 995
-
pensions
6 887
-
13 839
-
health
1 209
-
2 165
-
total
8 096
-
16 004
-
Corporate
58 278
130 000
-
-
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.

11 073
24 699
-
-
total
11 073
24 699
-
-
Dividends
47 206
105 301
-
-
withholding
3 540
15 164
-
-
total
3 540
15 164
-
-
Income
130 000
130 000
130 000
130 000
Total tax
40 492
39 863
52 307
40 282
After tax
89 508
90 137
77 693
89 718
Living cost
45 842
45 842
45 842
45 842
Free-cash
43 666
44 295
31 851
43 876

Estimated living cost  is ₽45842 per week

₽34345
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3436
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽479
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7581
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽16945
₽15743
₽30704
₽24325
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
130 000
city
-
-
-
1 369
pensions
-
-
-
11 960
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.

-
-
-
2 600
regional
-
-
-
5 339
health
-
-
-
292
national
-
-
-
1 346
total
-
-
-
22 906
Employee
89 396
-
116 358
-
city
959
-
1 250
-
regional
2 927
-
4 581
-
health
202
-
261
-
pensions
7 510
-
9 775
-
unemployment
-
-
-
-
national
423
-
1 055
-
total
12 021
-
16 922
-
Employer
89 396
-
116 358
-
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.

1 787
-
2 327
-
unemployment
-
-
-
-
pensions
7 510
-
9 775
-
health
202
-
261
-
total
9 499
-
12 363
-
Corporate
30 121
130 000
-
-
regional
6 371
27 495
-
-
national
2 560
11 050
-
-
total
8 931
38 545
-
-
Dividends
21 191
91 455
-
-
withholding
7 416
32 010
-
-
total
7 416
32 010
-
-
Income
130 000
130 000
130 000
130 000
Total tax
37 867
70 555
29 285
22 906
After tax
92 133
59 445
100 715
107 094
Living cost
76 390
76 390
76 390
76 390
Free-cash
15 743
-16 945
24 325
30 704

Estimated living cost  is ₽76390 per week

₽49675
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6855
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽938
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18921
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽18294
₽34582
₽25935
₽40221
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
130 000
trade
-
-
-
14 286
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.

-
-
-
34 981
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.

-
-
-
6 862
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.

-
-
-
1 923
total
-
-
-
58 052
Employee

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

60 364
-
130 000
-
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.

6 862
-
6 862
-
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.

391
-
1 923
-
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.

7 098
-
34 981
-
total
14 351
-
43 766
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
69 636
130 000
-
-
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.

574
1 073
-
-
income
10 445
19 499
-
-
trade
11 942
22 296
-
-
chamber of commerce
250
335
-
-
total
23 211
43 203
-
-
Dividends
46 425
86 797
-
-
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.

618
1 172
-
-
withholding
11 225
21 318
-
-
total
11 843
22 490
-
-
Income
130 000
130 000
130 000
130 000
Total tax
49 405
65 693
43 766
58 052
After tax
80 595
64 307
86 234
71 948
Living cost
46 013
46 013
46 013
46 013
Free-cash
34 582
18 294
40 221
25 935

Estimated living cost  is ₽46013 per week

₽33606
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3681
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽599
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8129
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31151
₽37086
₽39654
₽42329
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
130 000
income
-
-
-
16 561
pensions
-
-
-
27 654
other
-
-
-
4 029
health
-
-
-
4 033
surtax
-
-
-
-
social contributions
-
-
-
3 704
total
-
-
-
55 981
Employee
42 988
-
103 340
-
social contributions
1 226
-
2 943
-
surtax
-
-
-
-
income
2 537
-
17 654
-
pensions
4 861
-
6 048
-
total
8 624
-
26 645
-
Employer
42 988
-
103 340
-
other
1 483
-
3 564
-
social contributions
130
-
311
-
unemployment
1 740
-
4 186
-
pensions
7 062
-
10 385
-
health
3 010
-
8 215
-
total
13 425
-
26 661
-
Corporate
73 588
130 000
-
-
surtax
-
-
-
-
income
20 605
36 401
-
-
total
20 605
36 401
-
-
Dividends
52 983
93 599
-
-
surtax
-
-
-
-
social contributions
9 113
16 101
-
-
withholding
6 782
11 982
-
-
total
15 895
28 083
-
-
Income
130 000
130 000
130 000
130 000
Total tax
58 549
64 484
53 306
55 981
After tax
71 451
65 516
76 694
74 019
Living cost
34 365
34 365
34 365
34 365
Free-cash
37 086
31 151
42 329
39 654

Estimated living cost  is ₽34365 per week

₽21668
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2794
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽585
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9319
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34556
₽40143
₽43059
₽45734
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
130 000
income
-
-
-
16 561
pensions
-
-
-
27 654
other
-
-
-
4 029
health
-
-
-
4 033
surtax
-
-
-
-
social contributions
-
-
-
3 704
total
-
-
-
55 981
Employee
38 373
-
103 340
-
social contributions
1 094
-
2 943
-
surtax
-
-
-
-
income
1 979
-
17 654
-
pensions
4 340
-
6 048
-
total
7 413
-
26 645
-
Employer
38 373
-
103 340
-
other
1 325
-
3 564
-
social contributions
114
-
311
-
unemployment
1 553
-
4 186
-
pensions
6 305
-
10 385
-
health
2 686
-
8 215
-
total
11 983
-
26 661
-
Corporate
79 644
130 000
-
-
surtax
-
-
-
-
income
22 299
36 401
-
-
total
22 299
36 401
-
-
Dividends
57 344
93 599
-
-
surtax
-
-
-
-
social contributions
9 862
16 101
-
-
withholding
7 340
11 982
-
-
total
17 202
28 083
-
-
Income
130 000
130 000
130 000
130 000
Total tax
58 897
64 484
53 306
55 981
After tax
71 103
65 516
76 694
74 019
Living cost
30 960
30 960
30 960
30 960
Free-cash
40 143
34 556
45 734
43 059

Estimated living cost  is ₽30960 per week

₽17955
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3145
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽587
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9273
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58013
₽58533
₽62187
₽60883
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
130 000
income
-
-
-
19 499
health
-
-
-
9 075
social contributions
-
-
-
17 940
total
-
-
-
46 514
Employee
34 056
-
130 000
-
social contributions
4 700
-
17 940
-
health
2 377
-
9 075
-
income
5 680
-
20 803
-
total
12 757
-
47 818
-
Employer
34 056
-
130 000
-
total
-
-
-
-
Corporate
95 944
130 000
-
-
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%.

4 798
6 500
-
-
total
4 798
6 500
-
-
Dividends
91 146
123 500
-
-
health
6 363
8 621
-
-
social contributions
12 578
17 042
-
-
withholding
13 672
18 525
-
-
total
32 613
44 188
-
-
Income
130 000
130 000
130 000
130 000
Total tax
50 168
50 688
47 818
46 514
After tax
79 832
79 312
82 182
83 486
Living cost
21 299
21 299
21 299
21 299
Free-cash
58 533
58 013
60 883
62 187

Estimated living cost  is ₽21299 per week

₽14254
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1313
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.
₽5240
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36986
₽35431
₽29930
₽247
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
130 000
chamber of commerce
-
-
-
520
income
-
-
-
27 116
pensions
-
-
-
21 708
unemployment
-
-
-
6 160
health
-
-
-
8 976
surtax
-
-
-
198
total
-
-
-
64 678
Employee
50 197
40 028
100 795
-
other
501
400
1 008
-
health
1 942
1 550
3 900
-
income
5 714
2 953
22 660
-
pensions
5 141
4 098
10 321
-
unemployment
1 506
1 201
3 023
-
total
14 804
10 202
40 912
-
Employer
50 197
40 028
100 795
-
accident
652
520
1 309
-
other
2 385
1 900
4 786
-
chamber of commerce
200
160
404
-
unemployment
1 506
1 201
3 023
-
surtax
198
198
198
-
pensions
6 300
5 024
12 651
-
payroll
1 506
1 201
3 023
-
health
1 897
1 513
3 810
-
total
14 644
11 717
29 204
-
Corporate
65 161
78 254
96 983
-
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.

16 289
19 564
24 245
-
total
16 289
19 564
24 245
-
Dividends
48 871
58 689
-
-
withholding
13 440
16 139
-
-
total
13 440
16 139
-
-
Income
130 000
130 000
130 000
130 000
Total tax
59 177
57 622
94 361
64 678
After tax
70 823
72 378
35 639
65 322
Living cost
35 392
35 392
35 392
35 392
Free-cash
35 431
36 986
247
29 930

Estimated living cost  is ₽35392 per week

₽23605
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3019
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽581
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8187
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36178
₽21114
₽21383
₽11768
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
130 000
national
-
-
-
44 818
communal

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

-
-
-
6 563
social contributions
-
-
-
20 613
total
-
-
-
71 994
Employee

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

71 847
-
100 692
-
communal

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

3 747
-
5 251
-
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.

3 376
-
4 733
-
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.

5 389
-
7 552
-
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.

625
-
877
-
national
22 089
-
33 890
-
total
35 226
-
52 303
-
Employer

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

71 847
-
100 692
-
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.

934
-
1 308
-
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.

1 048
-
1 470
-
surtax
8 147
-
11 417
-
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.

6 366
-
8 920
-
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.

4 418
-
6 191
-
total
20 913
-
29 306
-
Corporate
37 239
130 000
-
-
surtax
149
520
-
-
income
7 447
26 001
-
-
total
7 596
26 521
-
-
Dividends
29 643
103 479
-
-
withholding

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

8 528
30 678
-
-
total
8 528
30 678
-
-
Income
130 000
130 000
130 000
130 000
Total tax
72 263
57 199
81 609
71 994
After tax
57 737
72 801
48 391
58 006
Living cost
36 623
36 623
36 623
36 623
Free-cash
21 114
36 178
11 768
21 383

Estimated living cost  is ₽36623 per week

₽23590
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3202
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9258
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50946
₽43249
₽36224
₽31397
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
130 000
accident
-
-
-
839
income
-
-
-
29 572
pensions
-
-
-
26 346
other
-
-
-
93
unemployment
-
-
-
652
total
-
-
-
57 502
Employee
49 998
-
100 320
-
other
50
-
93
-
income
10 549
-
26 738
-
pensions
2 350
-
4 376
-
unemployment
776
-
1 443
-
total
13 725
-
32 650
-
Employer
49 998
-
100 320
-
accident
989
-
1 843
-
other
398
-
745
-
unemployment
2 750
-
5 120
-
pensions
11 799
-
21 971
-
total
15 936
-
29 679
-
Corporate
64 065
130 000
-
-
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.

9 610
19 499
-
-
total
9 610
19 499
-
-
Dividends
54 455
110 501
-
-
withholding
11 206
23 281
-
-
total
11 206
23 281
-
-
Income
130 000
130 000
130 000
130 000
Total tax
50 477
42 780
62 329
57 502
After tax
79 523
87 220
67 671
72 498
Living cost
36 274
36 274
36 274
36 274
Free-cash
43 249
50 946
31 397
36 224

Estimated living cost  is ₽36274 per week

₽26712
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2573
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6465
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23691
₽13634
₽14944
₽20124
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
130 000
accident
-
-
-
1 096
income
-
-
-
16 098
pensions
-
-
-
19 486
health
-
-
-
9 132
surtax
-
-
-
6 444
communal
-
-
-
8 215
total
-
-
-
60 471
Employee
76 064
-
116 124
-
health
3 385
-
5 167
-
surtax
4 662
-
7 117
-
income
7 347
-
19 840
-
pensions
6 084
-
9 290
-
total
21 478
-
41 414
-
Employer
76 064
-
116 124
-
accident
684
-
1 045
-
pensions
6 084
-
9 290
-
health
2 320
-
3 542
-
total
9 088
-
13 877
-
Corporate
44 847
130 000
-
-
surtax
471
1 365
-
-
communal
3 027
8 776
-
-
income
6 727
19 499
-
-
total
10 225
29 640
-
-
Dividends
34 623
100 360
-
-
income
15 796
7 030
-
-
withholding
5 194
15 054
-
-
total
20 990
22 084
-
-
Income
130 000
130 000
130 000
130 000
Total tax
61 781
51 724
55 291
60 471
After tax
68 219
78 276
74 709
69 529
Living cost
54 585
54 585
54 585
54 585
Free-cash
13 634
23 691
20 124
14 944

Estimated living cost  is ₽54585 per week

₽40947
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3307
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.
₽9752
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59209
₽56015
₽39641
₽37495
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
130 000
income
-
-
-
28 439
pensions
-
-
-
26 001
other
-
-
-
-
unemployment
-
-
-
229
health
-
-
-
9 229
surtax
-
-
-
3 900
total
-
-
-
67 798
Employee
33 826
-
107 394
-
other
-
-
-
-
health
863
-
2 737
-
surtax
120
-
3 561
-
income
5 671
-
26 403
-
pensions
2 257
-
7 163
-
unemployment
2 354
-
7 474
-
total
11 265
-
47 338
-
Employer
33 826
-
107 394
-
other
-
-
-
-
unemployment
1 073
-
3 404
-
pensions
4 510
-
14 315
-
health
1 538
-
4 887
-
total
7 121
-
22 606
-
Corporate
89 053
130 000
-
-
income
23 153
33 801
-
-
total
23 153
33 801
-
-
Dividends
65 900
96 199
-
-
withholding
9 885
14 429
-
-
total
9 885
14 429
-
-
Income
130 000
130 000
130 000
130 000
Total tax
51 424
48 230
69 944
67 798
After tax
78 576
81 770
60 056
62 202
Living cost
22 561
22 561
22 561
22 561
Free-cash
56 015
59 209
37 495
39 641

Estimated living cost  is ₽22561 per week

₽13621
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1961
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6456
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41273
₽39045
₽37094
₽30940
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
130 000
municipal
-
-
-
772
regional
-
-
-
1 960
national
-
-
-
29 680
social contributions
-
-
-
33 437
total
-
-
-
65 849
Employee
55 717
-
130 000
-
social contributions
18 788
-
43 836
-
regional
750
-
1 749
-
municipal
295
-
690
-
national
8 827
-
25 728
-
total
28 660
-
72 003
-
Employer
55 717
-
130 000
-
total
-
-
-
-
Corporate
74 283
130 000
-
-
nationa
17 828
31 201
-
-
municipal
3 692
6 462
-
-
total
21 520
37 663
-
-
Dividends
52 763
92 338
-
-
withholding
13 718
24 007
-
-
total
13 718
24 007
-
-
Income
130 000
130 000
130 000
130 000
Total tax
63 898
61 670
72 003
65 849
After tax
66 102
68 330
57 997
64 151
Living cost
27 057
27 057
27 057
27 057
Free-cash
39 045
41 273
30 940
37 094

Estimated living cost  is ₽27057 per week

₽16827
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2741
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.
₽7026
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59907
₽49348
₽36607
₽36372
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
130 000
income
-
-
-
11 683
health
-
-
-
17 550
solidarity contribution
-
-
-
-
social contributions
-
-
-
34 562
total
-
-
-
63 795
Employee
43 526
-
97 015
-
social contributions
2 829
-
6 306
-
health
5 876
-
13 097
-
solidarity contribution
-
-
-
-
income
5 223
-
11 642
-
total
13 928
-
31 045
-
Employer
43 526
-
97 015
-
social contributions
10 882
-
24 254
-
health
3 917
-
8 731
-
total
14 799
-
32 985
-
Corporate
71 675
130 000
-
-
income
13 618
24 700
-
-
total
13 618
24 700
-
-
Dividends
58 057
105 300
-
-
withholding
8 709
15 795
-
-
total
8 709
15 795
-
-
Income
130 000
130 000
130 000
130 000
Total tax
51 054
40 495
64 030
63 795
After tax
78 946
89 505
65 970
66 205
Living cost
29 598
29 598
29 598
29 598
Free-cash
49 348
59 907
36 372
36 607

Estimated living cost  is ₽29598 per week

₽22011
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1640
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5435
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40439
₽39944
₽33475
₽3624
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
130 000
chamber of commerce
-
-
-
520
income
-
-
-
27 116
pensions
-
-
-
21 708
unemployment
-
-
-
6 160
health
-
-
-
8 976
surtax
-
-
-
-
total
-
-
-
64 480
Employee
43 906
40 028
100 947
-
other
438
400
1 010
-
health
1 698
1 550
3 907
-
income
3 911
2 953
22 711
-
pensions
4 496
4 098
10 337
-
unemployment
1 317
1 201
3 029
-
total
11 860
10 202
40 994
-
Employer
43 906
40 028
100 947
-
accident
570
520
1 311
-
other
2 085
1 900
4 794
-
chamber of commerce
175
160
404
-
unemployment
1 317
1 201
3 029
-
surtax
-
-
-
-
pensions
5 511
5 024
12 670
-
payroll
1 317
1 201
3 029
-
health
1 660
1 513
3 816
-
total
12 635
11 519
29 053
-
Corporate
73 458
78 452
97 135
-
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.

18 365
19 614
24 284
-
total
18 365
19 614
24 284
-
Dividends
55 093
58 838
-
-
withholding
15 151
16 181
-
-
total
15 151
16 181
-
-
Income
130 000
130 000
130 000
130 000
Total tax
58 011
57 516
94 331
64 480
After tax
71 989
72 484
35 669
65 520
Living cost
32 045
32 045
32 045
32 045
Free-cash
39 944
40 439
3 624
33 475

Estimated living cost  is ₽32045 per week

₽19223
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3273
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽572
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8978
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽109319
₽106660
₽114519
₽89819
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
130 000
microenterprise

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

-
-
-
1 300
total
-
-
-
1 300
Employee
17 726
-
130 000
-
income
3 545
-
26 000
-
total
3 545
-
26 000
-
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%.

112 274
130 000
-
-
total
-
-
-
-
Dividends
112 274
130 000
-
-
withholding
5 614
6 500
-
-
total
5 614
6 500
-
-
Income
130 000
130 000
130 000
130 000
Total tax
9 159
6 500
26 000
1 300
After tax
120 841
123 500
104 000
128 700
Living cost
14 181
14 181
14 181
14 181
Free-cash
106 660
109 319
89 819
114 519

Estimated living cost  is ₽14181 per week

₽9596
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽595
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽476
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3513
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62564
₽54161
₽38936
₽35297
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
130 000
income
-
-
-
27 397
pensions
-
-
-
23 740
unemployment
-
-
-
194
health
-
-
-
12 792
total
-
-
-
64 123
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.

44 416
-
112 487
-
health
2 869
-
7 266
-
income
7 659
-
25 390
-
pensions
6 885
-
17 435
-
unemployment
63
-
158
-
total
17 476
-
50 249
-
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.

44 416
-
112 487
-
unemployment
27
-
67
-
pensions
3 930
-
9 955
-
health
2 958
-
7 491
-
total
6 915
-
17 513
-
Corporate
78 669
130 000
-
-
income
14 948
24 699
-
-
total
14 948
24 699
-
-
Dividends
63 721
105 301
-
-
withholding
9 559
15 796
-
-
total
9 559
15 796
-
-
Income
130 000
130 000
130 000
130 000
Total tax
48 898
40 495
67 762
64 123
After tax
81 102
89 505
62 238
65 877
Living cost
26 941
26 941
26 941
26 941
Free-cash
54 161
62 564
35 297
38 936

Estimated living cost  is ₽26941 per week

₽18489
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.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6204
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35530
-₽20533
₽46278
₽73156
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
130 000
income
-
-
-
25 340
social contributions
-
-
-
14 820
total
-
-
-
40 160
Employee
62 462
-
-
-
social contributions
5 122
-
730
-
income
13 778
-
-
-
total
18 900
-
730
-
Employer
62 462
-
-
-
social contributions
88 071
-
12 552
-
total
88 071
-
12 552
-
Corporate
-
130 000
-
-
income
-
28 600
-
-
total
-
28 600
-
-
Dividends
-
101 400
-
-
income
-
22 308
-
-
total
-
22 308
-
-
Income
130 000
130 000
130 000
130 000
Total tax
106 971
50 908
13 282
40 160
After tax
23 029
79 092
116 718
89 840
Living cost
43 562
43 562
43 562
43 562
Free-cash
-20 533
35 530
73 156
46 278

Estimated living cost  is ₽43562 per week

₽28265
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4097
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10645
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42438
₽41428
₽39694
₽31270
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
130 000
income
-
-
-
13 626
surtax
-
-
-
-
social contributions

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

-
-
-
45 174
total
-
-
-
58 800
Employee
46 196
-
105 051
-
social contributions
5 082
-
11 555
-
surtax
-
-
-
-
income
9 609
-
30 720
-
total
14 691
-
42 275
-
Employer
46 196
-
105 051
-
social contributions
10 971
-
24 949
-
total
10 971
-
24 949
-
Corporate
72 833
130 000
-
-
surtax
-
-
-
-
income
15 294
27 301
-
-
total
15 294
27 301
-
-
Dividends
57 538
102 699
-
-
withholding
16 110
28 755
-
-
total
16 110
28 755
-
-
Income
130 000
130 000
130 000
130 000
Total tax
57 066
56 056
67 224
58 800
After tax
72 934
73 944
62 776
71 200
Living cost
31 506
31 506
31 506
31 506
Free-cash
41 428
42 438
31 270
39 694

Estimated living cost  is ₽31506 per week

₽23573
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1858
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽526
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5549
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17004
₽23911
₽25507
₽28182
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
130 000
income
-
-
-
16 561
pensions
-
-
-
27 654
other
-
-
-
4 029
health
-
-
-
4 033
surtax
-
-
-
-
social contributions
-
-
-
3 704
total
-
-
-
55 981
Employee
62 909
-
103 340
-
social contributions
1 792
-
2 943
-
surtax
-
-
-
-
income
5 489
-
17 654
-
pensions
7 115
-
6 048
-
total
14 396
-
26 645
-
Employer
62 909
-
103 340
-
other
2 171
-
3 564
-
social contributions
189
-
311
-
unemployment
2 548
-
4 186
-
pensions
10 337
-
10 385
-
health
4 403
-
8 215
-
total
19 648
-
26 661
-
Corporate
47 443
130 000
-
-
surtax
-
-
-
-
income
13 284
36 401
-
-
total
13 284
36 401
-
-
Dividends
34 159
93 599
-
-
surtax
-
-
-
-
social contributions
5 876
16 101
-
-
withholding
4 373
11 982
-
-
total
10 249
28 083
-
-
Income
130 000
130 000
130 000
130 000
Total tax
57 577
64 484
53 306
55 981
After tax
72 423
65 516
76 694
74 019
Living cost
48 512
48 512
48 512
48 512
Free-cash
23 911
17 004
28 182
25 507

Estimated living cost  is ₽48512 per week

₽32832
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3968
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽665
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11046
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86807
₽83432
₽67167
₽70622
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
130 000
income
-
-
-
4 041
social contributions
-
-
-
28 599
total
-
-
-
32 640
Employee
32 291
-
112 554
-
income
-
-
4 424
-
social contributions
2 099
-
7 316
-
total
2 099
-
11 740
-
Employer
32 291
-
112 554
-
social contributions
5 005
-
17 445
-
total
5 005
-
17 445
-
Corporate
92 703
130 000
-
-
income
9 271
13 000
-
-
total
9 271
13 000
-
-
Dividends
83 432
117 000
-
-
total
-
-
-
-
Income
130 000
130 000
130 000
130 000
Total tax
16 375
13 000
29 185
32 640
After tax
113 625
117 000
100 815
97 360
Living cost
30 193
30 193
30 193
30 193
Free-cash
83 432
86 807
70 622
67 167

Estimated living cost  is ₽30193 per week

₽19522
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2276
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽568
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7826
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽88840
-₽88840
₽30705
-₽88840
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
130 000
municipal
-
-
-
25 686
pensions
-
-
-
871
national
-
-
-
14 035
labour market
-
-
-
10 330
total
-
-
-
50 922
Employee
204 171
204 171
204 171
-
labour market
16 310
16 310
16 310
-
national
24 943
24 943
24 943
-
municipal
43 477
43 477
43 477
-
pensions
290
290
290
-
total
85 020
85 020
85 020
-
Employer
204 171
204 171
204 171
-
labour market
16 334
16 334
16 334
-
municipal
43 546
43 546
43 546
-
pensions
580
580
580
-
national
24 987
24 987
24 987
-
total
85 447
85 447
85 447
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
130 000
130 000
130 000
130 000
Total tax
170 467
170 467
170 467
50 922
After tax
-40 467
-40 467
-40 467
79 078
Living cost
48 373
48 373
48 373
48 373
Free-cash
-88 840
-88 840
-88 840
30 705

Estimated living cost  is ₽48373 per week

₽33107
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4279
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽744
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10243
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽11190
₽7200
₽67317
₽47259
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
130 000
accident
-
-
-
253
income
-
-
-
33 985
pensions
-
-
-
4 169
other
-
-
-
371
health
-
-
-
2 185
total
-
-
-
40 963
Employee
34 167
-
114 253
-
health
3 912
-
13 082
-
income
4 687
-
24 547
-
pensions
3 847
-
7 645
-
total
12 446
-
45 274
-
Employer
34 167
-
114 253
-
accident
571
-
1 908
-
unemployment
837
-
2 799
-
pensions
5 555
-
11 040
-
total
6 963
-
15 747
-
Corporate
88 870
130 000
-
-
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.

79 982
117 000
-
-
total
79 982
117 000
-
-
Dividends
8 887
13 000
-
-
withholding
1 689
2 470
-
-
total
1 689
2 470
-
-
Income
130 000
130 000
130 000
130 000
Total tax
101 080
119 470
61 021
40 963
After tax
28 920
10 530
68 979
89 037
Living cost
21 720
21 720
21 720
21 720
Free-cash
7 200
-11 190
47 259
67 317

Estimated living cost  is ₽21720 per week

₽15810
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1238
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4264
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45615
₽46086
₽50442
₽32616
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
130 000
municipal
-
-
-
23 115
health
-
-
-
1 582
national
-
-
-
16 298
total
-
-
-
40 995
Employee
52 845
-
109 363
-
health
395
-
1 266
-
municipal
8 656
-
17 833
-
pensions
3 566
-
7 382
-
unemployment
793
-
1 641
-
national
873
-
10 062
-
total
14 283
-
38 184
-
Employer
52 845
-
109 363
-
accident
53
-
109
-
unemployment
343
-
711
-
pensions
9 168
-
18 975
-
health
406
-
842
-
total
9 970
-
20 637
-
Corporate
67 184
130 000
-
-
income
13 436
26 001
-
-
total
13 436
26 001
-
-
Dividends

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

40 311
77 999
-
-
national
406
5 781
-
-
municipal
7 256
14 040
-
-
total
7 662
19 821
-
-
Income
130 000
130 000
130 000
130 000
Total tax
45 351
45 822
58 821
40 995
After tax
84 649
84 178
71 179
89 005
Living cost
38 563
38 563
38 563
38 563
Free-cash
46 086
45 615
32 616
50 442

Estimated living cost  is ₽38563 per week

₽25189
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3709
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽614
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9052
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

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
₽71734
₽66267
₽67754
₽66386
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
130 000
income
-
-
-
19 425
health
-
-
-
3 315
social contributions
-
-
-
16 251
total
-
-
-
38 991
Employee
77 236
77 236
119 151
-
social contributions
2 920
6 410
8 646
-
health
599
1 313
2 026
-
income
8 410
7 150
18 838
-
total
11 929
14 873
29 510
-
Employer
77 236
77 236
119 151
-
social contributions
2 920
6 410
8 646
-
health
650
1 430
2 203
-
total
3 570
7 840
10 849
-
Corporate
91 246
44 925
-
-
income
11 406
5 615
-
-
total
11 406
5 615
-
-
Dividends
79 840
39 309
-
-
withholding
13 573
6 683
-
-
total
13 573
6 683
-
-
Income
130 000
130 000
130 000
130 000
Total tax
40 478
35 011
40 359
38 991
After tax
89 522
94 989
89 641
91 009
Living cost
23 255
23 255
23 255
23 255
Free-cash
66 267
71 734
66 386
67 754

Estimated living cost  is ₽23255 per week

₽13937
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2282
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6523
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91706
₽86597
₽91160
₽71014
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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
-
-
-
130 000
income
-
-
-
12 840
pensions
-
-
-
6 389
unemployment
-
-
-
29
health
-
-
-
3 635
total
-
-
-
22 893
Employee

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

23 055
-
120 184
-
health
1 959
-
8 101
-
income
1 576
-
10 348
-
pensions
3 458
-
14 296
-
unemployment
114
-
477
-
total
7 107
-
33 222
-
Employer

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

23 055
-
120 184
-
unemployment
114
-
477
-
pensions
1 268
-
5 242
-
health
991
-
4 098
-
total
2 373
-
9 817
-
Corporate
104 572
130 000
-
-
income
9 412
11 700
-
-
total
9 412
11 700
-
-
Dividends
95 160
118 300
-
-
withholding
8 564
10 647
-
-
total
8 564
10 647
-
-
Income
130 000
130 000
130 000
130 000
Total tax
27 456
22 347
43 039
22 893
After tax
102 544
107 653
86 961
107 107
Living cost
15 947
15 947
15 947
15 947
Free-cash
86 597
91 706
71 014
91 160

Estimated living cost  is ₽15947 per week

₽10175
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1149
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.
₽4148
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59599
₽54635
₽44877
₽40050
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
130 000
accident
-
-
-
839
income
-
-
-
29 572
pensions
-
-
-
26 346
other
-
-
-
93
unemployment
-
-
-
652
total
-
-
-
57 502
Employee
37 140
-
100 320
-
other
36
-
93
-
income
7 160
-
26 738
-
pensions
1 746
-
4 376
-
unemployment
576
-
1 443
-
total
9 518
-
32 650
-
Employer
37 140
-
100 320
-
accident
736
-
1 843
-
other
297
-
745
-
unemployment
2 043
-
5 120
-
pensions
8 764
-
21 971
-
total
11 840
-
29 679
-
Corporate
81 020
130 000
-
-
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.

12 153
19 499
-
-
total
12 153
19 499
-
-
Dividends
68 867
110 501
-
-
withholding
14 233
23 281
-
-
total
14 233
23 281
-
-
Income
130 000
130 000
130 000
130 000
Total tax
47 744
42 780
62 329
57 502
After tax
82 256
87 220
67 671
72 498
Living cost
27 621
27 621
27 621
27 621
Free-cash
54 635
59 599
40 050
44 877

Estimated living cost  is ₽27621 per week

₽18643
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2655
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.
₽5838
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78369
₽77916
₽80133
₽79937
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
130 000
income
-
-
-
43 654
pensions
-
-
-
2 007
health
-
-
-
1 455
total
-
-
-
47 116
Employee
4 190
-
127 743
-
health
210
-
502
-
income
811
-
43 549
-
pensions
377
-
903
-
unemployment
42
-
100
-
total
1 440
-
45 054
-
Employer
4 190
-
127 743
-
unemployment
84
-
201
-
pensions
461
-
1 104
-
health
398
-
953
-
total
943
-
2 258
-
Corporate
124 867
130 000
-
-
income
27 471
28 600
-
-
total
27 471
28 600
-
-
Dividends
97 396
101 400
-
-
withholding
19 479
20 280
-
-
total
19 479
20 280
-
-
Income
130 000
130 000
130 000
130 000
Total tax
49 333
48 880
47 312
47 116
After tax
80 667
81 120
82 688
82 884
Living cost
2 751
2 751
2 751
2 751
Free-cash
77 916
78 369
79 937
80 133

Estimated living cost  is ₽2751 per week

₽1635
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽63
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽830
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76555
₽71614
₽56268
₽56267
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
130 000
income
-
-
-
28 304
pensions
-
-
-
19 299
unemployment
-
-
-
1 113
health
-
-
-
7 646
total
-
-
-
56 362
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.

26 193
-
116 713
-
health
1 349
-
3 823
-
income
3 610
-
28 304
-
pensions
3 667
-
10 392
-
unemployment
196
-
557
-
total
8 822
-
43 076
-
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.

26 193
-
116 713
-
unemployment
196
-
557
-
pensions
3 143
-
8 907
-
health
1 349
-
3 823
-
total
4 688
-
13 287
-
Corporate
99 119
130 000
-
-
income
14 868
19 500
-
-
total
14 868
19 500
-
-
Dividends
84 251
110 500
-
-
withholding
12 638
16 575
-
-
total
12 638
16 575
-
-
Income
130 000
130 000
130 000
130 000
Total tax
41 016
36 075
56 363
56 362
After tax
88 984
93 925
73 637
73 638
Living cost
17 370
17 370
17 370
17 370
Free-cash
71 614
76 555
56 267
56 268

Estimated living cost  is ₽17370 per week

₽11695
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1344
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.
₽3829
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46865
₽46502
₽44121
₽35697
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
130 000
income
-
-
-
13 626
surtax
-
-
-
-
social contributions

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

-
-
-
45 174
total
-
-
-
58 800
Employee
38 984
-
105 051
-
social contributions
4 289
-
11 555
-
surtax
-
-
-
-
income
7 617
-
30 720
-
total
11 906
-
42 275
-
Employer
38 984
-
105 051
-
social contributions
9 258
-
24 949
-
total
9 258
-
24 949
-
Corporate
81 758
130 000
-
-
surtax
-
-
-
-
income
17 170
27 301
-
-
total
17 170
27 301
-
-
Dividends
64 588
102 699
-
-
withholding
18 085
28 755
-
-
total
18 085
28 755
-
-
Income
130 000
130 000
130 000
130 000
Total tax
56 419
56 056
67 224
58 800
After tax
73 581
73 944
62 776
71 200
Living cost
27 079
27 079
27 079
27 079
Free-cash
46 502
46 865
35 697
44 121

Estimated living cost  is ₽27079 per week

₽19179
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1881
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.
₽5539
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51920
₽44561
₽37198
₽32371
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
130 000
accident
-
-
-
839
income
-
-
-
29 572
pensions
-
-
-
26 346
other
-
-
-
93
unemployment
-
-
-
652
total
-
-
-
57 502
Employee
48 509
-
100 320
-
other
48
-
93
-
income
10 132
-
26 738
-
pensions
2 280
-
4 376
-
unemployment
751
-
1 443
-
total
13 211
-
32 650
-
Employer
48 509
-
100 320
-
accident
961
-
1 843
-
other
389
-
745
-
unemployment
2 669
-
5 120
-
pensions
11 448
-
21 971
-
total
15 467
-
29 679
-
Corporate
66 025
130 000
-
-
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.

9 904
19 499
-
-
total
9 904
19 499
-
-
Dividends
56 121
110 501
-
-
withholding
11 557
23 281
-
-
total
11 557
23 281
-
-
Income
130 000
130 000
130 000
130 000
Total tax
50 139
42 780
62 329
57 502
After tax
79 861
87 220
67 671
72 498
Living cost
35 300
35 300
35 300
35 300
Free-cash
44 561
51 920
32 371
37 198

Estimated living cost  is ₽35300 per week

₽25351
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2745
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽497
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6708
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93874
₽87754
₽83858
₽88449
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
130 000
income
-
-
-
19 500
pensions

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

-
-
-
5 192
unemployment
-
-
-
140
health
-
-
-
4 034
total
-
-
-
28 866
Employee
22 876
-
123 117
-
health
1 052
-
1 614
-
accident

We are using the highest rate at 1.1%.

251
-
386
-
income
2 288
-
12 312
-
pensions

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

2 008
-
3 080
-
total
5 599
-
17 392
-
Employer
22 876
-
123 117
-
accident

We are using the highest rate at 1.1%.

251
-
386
-
unemployment
137
-
210
-
pensions

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

2 521
-
3 866
-
health
1 579
-
2 421
-
total
4 488
-
6 883
-
Corporate
102 635
130 000
-
-
income
10 264
13 000
-
-
total
10 264
13 000
-
-
Dividends
92 371
117 000
-
-
withholding
4 619
5 850
-
-
total
4 619
5 850
-
-
Income
130 000
130 000
130 000
130 000
Total tax
24 970
18 850
24 275
28 866
After tax
105 030
111 150
105 725
101 134
Living cost
17 276
17 276
17 276
17 276
Free-cash
87 754
93 874
88 449
83 858

Estimated living cost  is ₽17276 per week

₽11426
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽989
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽412
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4449
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28205
₽41342
₽35503
₽47456
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
130 000
trade
-
-
-
11 953
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.

-
-
-
34 981
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.

-
-
-
6 862
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.

-
-
-
1 923
total
-
-
-
55 719
Employee

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

49 976
-
130 000
-
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.

6 862
-
6 862
-
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.

227
-
1 923
-
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.

4 110
-
34 981
-
total
11 199
-
43 766
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
80 024
130 000
-
-
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.

660
1 073
-
-
income
12 003
19 499
-
-
trade
11 484
18 655
-
-
chamber of commerce
271
343
-
-
total
24 418
39 570
-
-
Dividends
55 607
90 430
-
-
surtax

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

743
1 222
-
-
withholding
13 520
22 225
-
-
total
14 263
23 447
-
-
Income
130 000
130 000
130 000
130 000
Total tax
49 880
63 017
43 766
55 719
After tax
80 120
66 983
86 234
74 281
Living cost
38 778
38 778
38 778
38 778
Free-cash
41 342
28 205
47 456
35 503

Estimated living cost  is ₽38778 per week

₽26750
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4172
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽562
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7293
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33783
₽36000
₽25201
₽25201
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
130 000
income
-
-
-
35 398
social contributions
-
-
-
12 184
total
-
-
-
47 582
Employee
78 569
-
130 000
-
income
14 826
-
35 398
-
social contributions
6 527
-
12 184
-
total
21 353
-
47 582
-
Employer
78 569
-
130 000
-
total
-
-
-
-
Corporate
51 431
130 000
-
-
income
6 429
16 249
-
-
total
6 429
16 249
-
-
Dividends
45 002
113 751
-
-
withholding
9 001
22 751
-
-
total
9 001
22 751
-
-
Income
130 000
130 000
130 000
130 000
Total tax
36 783
39 000
47 582
47 582
After tax
93 217
91 000
82 418
82 418
Living cost
57 217
57 217
57 217
57 217
Free-cash
36 000
33 783
25 201
25 201

Estimated living cost  is ₽57217 per week

₽43529
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4662
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8478
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42732
₽46242
₽58218
₽58836
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
130 000
income
-
-
-
28 591
health

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

-
-
-
6 730
total
-
-
-
35 321
Employee
46 077
-
125 380
-
income
5 000
-
25 463
-
social contributions
4 617
-
4 620
-
total
9 617
-
30 083
-
Employer
46 077
-
125 380
-
social contributions
4 617
-
4 620
-
total
4 617
-
4 620
-
Corporate
79 306
130 000
-
-
income
27 756
45 500
-
-
total
27 756
45 500
-
-
Dividends
51 550
84 500
-
-
social contributions
5 307
5 307
-
-
total
5 307
5 307
-
-
Income
130 000
130 000
130 000
130 000
Total tax
47 297
50 807
34 703
35 321
After tax
82 703
79 193
95 297
94 679
Living cost
36 461
36 461
36 461
36 461
Free-cash
46 242
42 732
58 836
58 218

Estimated living cost  is ₽36461 per week

₽24017
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2874
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽558
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9010
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52869
₽54473
₽52450
₽40425
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
130 000
income
-
-
-
32 190
pensions
-
-
-
8 092
total
-
-
-
40 282
Employee
51 156
-
113 995
-
health
667
-
1 834
-
income
9 316
-
24 174
-
pensions
3 904
-
10 295
-
total
13 887
-
36 303
-
Employer
51 156
-
113 995
-
pensions
5 168
-
13 839
-
health
972
-
2 165
-
total
6 140
-
16 004
-
Corporate
72 704
130 000
-
-
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.

13 815
24 699
-
-
total
13 815
24 699
-
-
Dividends
58 889
105 301
-
-
withholding
4 417
15 164
-
-
total
4 417
15 164
-
-
Income
130 000
130 000
130 000
130 000
Total tax
38 259
39 863
52 307
40 282
After tax
91 741
90 137
77 693
89 718
Living cost
37 268
37 268
37 268
37 268
Free-cash
54 473
52 869
40 425
52 450

Estimated living cost  is ₽37268 per week

₽25566
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3427
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽466
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7807
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽13341
₽6869
₽65166
₽45108
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
130 000
accident
-
-
-
253
income
-
-
-
33 985
pensions
-
-
-
4 169
other
-
-
-
371
health
-
-
-
2 185
total
-
-
-
40 963
Employee
37 549
-
114 253
-
health
4 299
-
13 082
-
income
5 151
-
24 547
-
pensions
4 228
-
7 645
-
total
13 678
-
45 274
-
Employer
37 549
-
114 253
-
accident
627
-
1 908
-
unemployment
920
-
2 799
-
pensions
6 105
-
11 040
-
total
7 652
-
15 747
-
Corporate
84 799
130 000
-
-
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.

76 319
117 000
-
-
total
76 319
117 000
-
-
Dividends
8 480
13 000
-
-
withholding
1 611
2 470
-
-
total
1 611
2 470
-
-
Income
130 000
130 000
130 000
130 000
Total tax
99 260
119 470
61 021
40 963
After tax
30 740
10 530
68 979
89 037
Living cost
23 871
23 871
23 871
23 871
Free-cash
6 869
-13 341
45 108
65 166

Estimated living cost  is ₽23871 per week

₽17518
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1391
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4480
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95829
₽91129
₽59960
₽73624
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
130 000
work injury
-
-
-
650
health insurance
-
-
-
9 620
income
-
-
-
20 724
pensions
-
-
-
23 920
unemployment
-
-
-
1 560
total
-
-
-
56 474
Employee

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

21 706
-
130 000
-
work injury
109
-
402
-
income
2 171
-
20 724
-
pensions
3 994
-
14 777
-
health insurance
1 606
-
5 943
-
unemployment
260
-
964
-
total
8 140
-
42 810
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
108 294
130 000
-
-
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%.

1 083
1 300
-
-
total
1 083
1 300
-
-
Dividends
107 211
128 700
-
-
withholding
16 082
19 305
-
-
total
16 082
19 305
-
-
Income
130 000
130 000
130 000
130 000
Total tax
25 305
20 605
42 810
56 474
After tax
104 695
109 395
87 190
73 526
Living cost
13 566
13 566
13 566
13 566
Free-cash
91 129
95 829
73 624
59 960

Estimated living cost  is ₽13566 per week

₽8404
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽986
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽423
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3753
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28461
₽23894
₽23131
₽17186
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
130 000
municipal
-
-
-
869
regional
-
-
-
2 869
national
-
-
-
29 680
social contributions
-
-
-
33 437
total
-
-
-
66 855
Employee
84 639
-
130 000
-
social contributions
28 540
-
43 836
-
regional
1 278
-
2 460
-
municipal
505
-
776
-
national
14 303
-
25 728
-
total
44 626
-
72 800
-
Employer
84 639
-
130 000
-
total
-
-
-
-
Corporate
45 361
130 000
-
-
nationa
10 886
31 201
-
-
municipal
2 186
6 265
-
-
total
13 072
37 466
-
-
Dividends
32 289
92 534
-
-
withholding
8 394
24 059
-
-
total
8 394
24 059
-
-
Income
130 000
130 000
130 000
130 000
Total tax
66 092
61 525
72 800
66 855
After tax
63 908
68 475
57 200
63 145
Living cost
40 014
40 014
40 014
40 014
Free-cash
23 894
28 461
17 186
23 131

Estimated living cost  is ₽40014 per week

₽28107
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2752
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽604
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8549
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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