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
₽ 131000
per

Your estimated
City
free-cash

Dresden , Germany
₽35416
₽46639
₽42996
₽56198
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
131 000
trade
-
-
-
13 202
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.

-
-
-
35 201
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.

-
-
-
6 932
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.

-
-
-
1 935
total
-
-
-
57 270
Employee

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

38 810
-
131 000
-
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.

6 932
-
6 932
-
surtax

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

60
-
1 935
-
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.

1 084
-
35 201
-
total
8 076
-
44 068
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
92 190
131 000
-
-
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.

761
1 080
-
-
income
13 829
19 650
-
-
trade
14 521
20 632
-
-
chamber of commerce
287
343
-
-
total
29 398
41 705
-
-
Dividends
62 793
89 294
-
-
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.

841
1 207
-
-
withholding
15 312
21 938
-
-
total
16 153
23 145
-
-
Income
131 000
131 000
131 000
131 000
Total tax
53 627
64 850
44 068
57 270
After tax
77 373
66 150
86 932
73 730
Living cost
30 734
30 734
30 734
30 734
Free-cash
46 639
35 416
56 198
42 996

Estimated living cost  is ₽30734 per week

₽19333
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3583
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.
₽7244
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30618
₽29769
₽26999
₽28027
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
131 000
municipal
-
-
-
14 021
pensions
-
-
-
15 720
national
-
-
-
21 726
social contributions
-
-
-
1 408
total
-
-
-
52 875
Employee
79 255
-
113 248
-
municipal
9 789
-
14 528
-
pensions
3 170
-
4 530
-
national
15 169
-
22 512
-
total
28 128
-
41 570
-
Employer
79 255
-
113 248
-
social contributions
852
-
1 217
-
pensions
6 340
-
9 060
-
total
7 192
-
10 277
-
Corporate
39 322
131 000
-
-
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%.

7 864
26 200
-
-
total
7 864
26 200
-
-
Dividends
31 458
104 800
-
-
withholding
6 921
23 056
-
-
total
6 921
23 056
-
-
Income
131 000
131 000
131 000
131 000
Total tax
50 105
49 256
51 847
52 875
After tax
80 895
81 744
79 153
78 125
Living cost
51 126
51 126
51 126
51 126
Free-cash
29 769
30 618
28 027
26 999

Estimated living cost  is ₽51126 per week

₽34750
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4753
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽765
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10858
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83691
₽75366
₽17575
₽52391
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
131 000
microenterprise
-
-
-
-
income
-
-
-
20 033
surtax
-
-
-
33 405
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.

-
-
-
38 877
total
-
-
-
92 315
Employee
29 650
-
105 569
-
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.

3 262
-
11 613
-
surtax
-
-
-
-
income
5 278
-
20 455
-
total
8 540
-
32 068
-
Employer
29 650
-
105 569
-
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.

7 142
-
25 431
-
surtax
-
-
-
-
total
7 142
-
25 431
-
Corporate
94 208
131 000
-
-
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%.

18 842
26 199
-
-
total
18 842
26 199
-
-
Dividends

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

75 367
104 801
-
-
total
-
-
-
-
Income
131 000
131 000
131 000
131 000
Total tax
34 524
26 199
57 499
92 315
After tax
96 476
104 801
73 501
38 685
Living cost
21 110
21 110
21 110
21 110
Free-cash
75 366
83 691
52 391
17 575

Estimated living cost  is ₽21110 per week

₽13467
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2010
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.
₽5153
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21641
₽15423
₽33013
₽31053
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
131 000
income
-
-
-
31 080
pensions
-
-
-
11 888
health
-
-
-
12 512
total
-
-
-
55 480
Employee
86 650
86 650
112 143
-
health
13 300
11 313
12 512
-
income

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

14 183
14 183
14 183
-
pensions
15 597
11 888
11 888
-
total
43 080
37 384
38 583
-
Employer
86 650
86 650
112 143
-
unemployment
3 119
3 119
3 876
-
pensions
6 031
6 031
7 496
-
health
6 023
6 023
7 485
-
total
15 173
15 173
18 857
-
Corporate
30 239
29 177
-
-
income
6 048
5 834
-
-
total
6 048
5 834
-
-
Dividends
24 191
23 342
-
-
income
5 141
4 960
-
-
withholding
3 628
3 501
-
-
total
8 769
8 461
-
-
Income
131 000
131 000
131 000
131 000
Total tax
73 070
66 852
57 440
55 480
After tax
57 930
64 148
73 560
75 520
Living cost
42 507
42 507
42 507
42 507
Free-cash
15 423
21 641
31 053
33 013

Estimated living cost  is ₽42507 per week

₽30123
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3832
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽676
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7876
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32421
₽31544
₽30356
₽29302
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
131 000
municipal
-
-
-
31 660
accident
-
-
-
171
pensions
-
-
-
9 265
other
-
-
-
9 959
unemployment
-
-
-
86
health
-
-
-
5 348
national
-
-
-
5 050
total
-
-
-
61 539
Employee
55 722
-
104 071
-
municipal
16 616
-
31 034
-
national
-
-
4 630
-
total
16 616
-
35 664
-
Employer
55 722
-
104 071
-
accident
111
-
171
-
other
6 475
-
9 959
-
unemployment
1 471
-
2 263
-
pensions
6 023
-
9 265
-
health
3 427
-
5 271
-
total
17 507
-
26 929
-
Corporate
57 771
131 000
-
-
income
12 710
28 820
-
-
total
12 710
28 820
-
-
Dividends
45 061
102 180
-
-
withholding
13 518
30 654
-
-
total
13 518
30 654
-
-
Income
131 000
131 000
131 000
131 000
Total tax
60 351
59 474
62 593
61 539
After tax
70 649
71 526
68 407
69 461
Living cost
39 105
39 105
39 105
39 105
Free-cash
31 544
32 421
29 302
30 356

Estimated living cost  is ₽39105 per week

₽25918
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3837
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽594
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8757
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25616
₽39872
₽33282
₽47071
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
131 000
trade
-
-
-
13 789
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.

-
-
-
35 201
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.

-
-
-
6 932
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.

-
-
-
1 935
total
-
-
-
57 857
Employee

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

51 457
-
131 000
-
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.

6 932
-
6 932
-
surtax

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

243
-
1 935
-
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.

4 421
-
35 201
-
total
11 596
-
44 068
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
79 543
131 000
-
-
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.

657
1 080
-
-
income
11 931
19 650
-
-
trade
13 084
21 549
-
-
chamber of commerce
268
341
-
-
total
25 940
42 620
-
-
Dividends
53 604
88 380
-
-
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.

716
1 194
-
-
withholding
13 015
21 709
-
-
total
13 731
22 903
-
-
Income
131 000
131 000
131 000
131 000
Total tax
51 267
65 523
44 068
57 857
After tax
79 733
65 477
86 932
73 143
Living cost
39 861
39 861
39 861
39 861
Free-cash
39 872
25 616
47 071
33 282

Estimated living cost  is ₽39861 per week

₽26659
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4203
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽595
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8403
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62808
₽58605
₽58804
₽57424
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
131 000
income
-
-
-
19 527
health
-
-
-
3 341
social contributions
-
-
-
16 417
total
-
-
-
39 285
Employee
78 025
78 025
120 046
-
social contributions
3 791
6 476
8 734
-
health
776
1 327
2 041
-
income
8 193
7 223
18 936
-
total
12 760
15 026
29 711
-
Employer
78 025
78 025
120 046
-
social contributions
3 791
6 476
8 734
-
health
845
1 444
2 220
-
total
4 636
7 920
10 954
-
Corporate
80 691
45 056
-
-
income
10 086
5 632
-
-
total
10 086
5 632
-
-
Dividends
70 605
39 423
-
-
withholding
12 002
6 703
-
-
total
12 002
6 703
-
-
Income
131 000
131 000
131 000
131 000
Total tax
39 484
35 281
40 665
39 285
After tax
91 516
95 719
90 335
91 715
Living cost
32 911
32 911
32 911
32 911
Free-cash
58 605
62 808
57 424
58 804

Estimated living cost  is ₽32911 per week

₽22498
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2571
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7290
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55214
₽55599
₽72274
₽57466
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
131 000
income
-
-
-
16 015
pensions
-
-
-
13 100
unemployment
-
-
-
1 965
health
-
-
-
9 170
total
-
-
-
40 250
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.

26 671
10 615
109 623
-
health
1 867
743
7 674
-
income
3 260
1 298
13 401
-
pensions
2 667
1 061
10 962
-
unemployment
400
159
1 644
-
total
8 194
3 261
33 681
-
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.

26 671
10 615
109 623
-
pensions
5 201
2 070
21 377
-
total
5 201
2 070
21 377
-
Corporate
99 129
118 316
-
-
income
8 922
10 648
-
-
total
8 922
10 648
-
-
Dividends
90 207
107 667
-
-
social contributions
17 469
20 874
-
-
withholding
17 139
20 457
-
-
total
34 608
41 331
-
-
Income
131 000
131 000
131 000
131 000
Total tax
56 925
57 310
55 058
40 250
After tax
74 075
73 690
75 942
90 750
Living cost
18 476
18 476
18 476
18 476
Free-cash
55 599
55 214
57 466
72 274

Estimated living cost  is ₽18476 per week

₽12608
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1512
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽369
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3987
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80293
₽73989
₽45710
₽50998
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
131 000
income
-
-
-
17 553
pensions
-
-
-
26 199
health
-
-
-
17 030
total
-
-
-
60 782
Employee
28 785
-
97 907
-
income
3 241
-
18 876
-
pensions
576
-
1 958
-
unemployment
460
-
1 567
-
total
4 277
-
22 401
-
Employer
28 785
-
97 907
-
unemployment
231
-
784
-
pensions
5 757
-
19 581
-
health
3 741
-
12 728
-
total
9 729
-
33 093
-
Corporate
92 485
131 000
-
-
income
18 497
26 199
-
-
total
18 497
26 199
-
-
Dividends
73 988
104 801
-
-
total
-
-
-
-
Income
131 000
131 000
131 000
131 000
Total tax
32 503
26 199
55 494
60 782
After tax
98 497
104 801
75 506
70 218
Living cost
24 508
24 508
24 508
24 508
Free-cash
73 989
80 293
50 998
45 710

Estimated living cost  is ₽24508 per week

₽16810
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1460
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽493
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5746
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽11493
₽7222
₽67613
₽47437
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
131 000
accident
-
-
-
254
income
-
-
-
34 285
pensions
-
-
-
4 181
other
-
-
-
372
health
-
-
-
2 191
total
-
-
-
41 283
Employee
34 771
-
115 185
-
health
3 981
-
13 189
-
income
4 770
-
24 789
-
pensions
3 915
-
7 666
-
total
12 666
-
45 644
-
Employer
34 771
-
115 185
-
accident
580
-
1 923
-
unemployment
852
-
2 822
-
pensions
5 654
-
11 070
-
total
7 086
-
15 815
-
Corporate
89 142
131 000
-
-
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.

80 228
117 900
-
-
total
80 228
117 900
-
-
Dividends
8 914
13 100
-
-
withholding
1 694
2 489
-
-
total
1 694
2 489
-
-
Income
131 000
131 000
131 000
131 000
Total tax
101 674
120 389
61 459
41 283
After tax
29 326
10 611
69 541
89 717
Living cost
22 104
22 104
22 104
22 104
Free-cash
7 222
-11 493
47 437
67 613

Estimated living cost  is ₽22104 per week

₽16201
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1225
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4218
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽115188
₽113452
₽120428
₽95538
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
131 000
microenterprise

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

-
-
-
1 310
total
-
-
-
1 310
Employee
11 577
-
131 000
-
income
2 315
-
26 200
-
total
2 315
-
26 200
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

119 423
131 000
-
-
total
-
-
-
-
Dividends
119 423
131 000
-
-
withholding
5 971
6 550
-
-
total
5 971
6 550
-
-
Income
131 000
131 000
131 000
131 000
Total tax
8 286
6 550
26 200
1 310
After tax
122 714
124 450
104 800
129 690
Living cost
9 262
9 262
9 262
9 262
Free-cash
113 452
115 188
95 538
120 428

Estimated living cost  is ₽9262 per week

₽5740
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽770
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽255
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2497
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69209
₽62356
₽42936
₽48354
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
131 000
income
-
-
-
17 600
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.

-
-
-
31 441
other
-
-
-
6 223
health
-
-
-
5 763
total
-
-
-
61 027
Employee
36 842
-
104 633
-
health
516
-
1 465
-
income
6 343
-
19 406
-
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.

2 578
-
7 325
-
unemployment
368
-
1 046
-
total
9 805
-
29 242
-
Employer
36 842
-
104 633
-
accident
295
-
838
-
other
1 843
-
5 232
-
unemployment
368
-
1 046
-
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.

6 264
-
17 786
-
health
516
-
1 465
-
total
9 286
-
26 367
-
Corporate
84 873
131 000
-
-
income
17 823
27 510
-
-
total
17 823
27 510
-
-
Dividends
67 050
103 490
-
-
withholding
4 693
7 244
-
-
total
4 693
7 244
-
-
Income
131 000
131 000
131 000
131 000
Total tax
41 607
34 754
55 609
61 027
After tax
89 393
96 246
75 391
69 973
Living cost
27 037
27 037
27 037
27 037
Free-cash
62 356
69 209
48 354
42 936

Estimated living cost  is ₽27037 per week

₽19103
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1825
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽435
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5673
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22595
₽15609
₽22099
₽9966
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
131 000
income
-
-
-
32 197
pensions
-
-
-
8 225
total
-
-
-
40 422
Employee
96 888
-
114 892
-
health
1 597
-
1 859
-
income
17 465
-
24 111
-
pensions
9 347
-
10 477
-
total
28 409
-
36 447
-
Employer
96 888
-
114 892
-
pensions
11 440
-
13 925
-
health
1 840
-
2 183
-
total
13 280
-
16 108
-
Corporate
20 832
131 000
-
-
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.

3 958
24 891
-
-
total
3 958
24 891
-
-
Dividends
16 875
106 109
-
-
withholding
1 265
15 035
-
-
total
1 265
15 035
-
-
Income
131 000
131 000
131 000
131 000
Total tax
46 912
39 926
52 555
40 422
After tax
84 088
91 074
78 445
90 578
Living cost
68 479
68 479
68 479
68 479
Free-cash
15 609
22 595
9 966
22 099

Estimated living cost  is ₽68479 per week

₽51313
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽8046
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽557
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8565
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽98692
₽93975
₽88567
₽93189
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
131 000
income
-
-
-
19 650
pensions

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

-
-
-
5 249
unemployment
-
-
-
142
health
-
-
-
4 079
total
-
-
-
29 120
Employee
17 628
-
124 042
-
health
811
-
1 631
-
accident

We are using the highest rate at 1.1%.

194
-
390
-
income
1 763
-
12 405
-
pensions

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

1 548
-
3 114
-
total
4 316
-
17 540
-
Employer
17 628
-
124 042
-
accident

We are using the highest rate at 1.1%.

194
-
390
-
unemployment
105
-
213
-
pensions

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

1 943
-
3 908
-
health
1 217
-
2 447
-
total
3 459
-
6 958
-
Corporate
109 913
131 000
-
-
income
10 991
13 100
-
-
total
10 991
13 100
-
-
Dividends
98 922
117 900
-
-
withholding
4 946
5 895
-
-
total
4 946
5 895
-
-
Income
131 000
131 000
131 000
131 000
Total tax
23 712
18 995
24 498
29 120
After tax
107 288
112 005
106 502
101 880
Living cost
13 313
13 313
13 313
13 313
Free-cash
93 975
98 692
93 189
88 567

Estimated living cost  is ₽13313 per week

₽7772
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽951
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽353
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4237
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7882
₽10431
₽19254
₽17294
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
131 000
income
-
-
-
31 080
pensions
-
-
-
11 888
health
-
-
-
12 512
total
-
-
-
55 480
Employee
94 074
86 650
112 143
-
health
11 736
11 313
12 512
-
income

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

14 183
14 183
14 183
-
pensions
11 888
11 888
11 888
-
total
37 807
37 384
38 583
-
Employer
94 074
86 650
112 143
-
unemployment
3 387
3 119
3 876
-
pensions
6 547
6 031
7 496
-
health
6 537
6 023
7 485
-
total
16 471
15 173
18 857
-
Corporate
20 455
29 177
-
-
income
4 092
5 834
-
-
total
4 092
5 834
-
-
Dividends
16 363
23 342
-
-
income
3 478
4 960
-
-
withholding
2 455
3 501
-
-
total
5 933
8 461
-
-
Income
131 000
131 000
131 000
131 000
Total tax
64 303
66 852
57 440
55 480
After tax
66 697
64 148
73 560
75 520
Living cost
56 266
56 266
56 266
56 266
Free-cash
10 431
7 882
17 294
19 254

Estimated living cost  is ₽56266 per week

₽41505
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽5026
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽645
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9091
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65867
₽57188
₽42238
₽42151
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
131 000
income
-
-
-
11 746
health
-
-
-
17 685
solidarity contribution
-
-
-
-
social contributions
-
-
-
35 005
total
-
-
-
64 436
Employee
35 774
-
97 761
-
social contributions
2 325
-
6 355
-
health
4 830
-
13 198
-
solidarity contribution
-
-
-
-
income
4 293
-
11 731
-
total
11 448
-
31 284
-
Employer
35 774
-
97 761
-
social contributions
8 944
-
24 440
-
health
3 220
-
8 799
-
total
12 164
-
33 239
-
Corporate
83 063
131 000
-
-
income
15 782
24 890
-
-
total
15 782
24 890
-
-
Dividends
67 281
106 110
-
-
withholding
10 092
15 917
-
-
total
10 092
15 917
-
-
Income
131 000
131 000
131 000
131 000
Total tax
49 486
40 807
64 523
64 436
After tax
81 514
90 193
66 477
66 564
Living cost
24 326
24 326
24 326
24 326
Free-cash
57 188
65 867
42 151
42 238

Estimated living cost  is ₽24326 per week

₽16897
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1731
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5220
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brno model

Close
Milan , Italy
₽27077
₽21780
₽22325
₽16092
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
131 000
municipal
-
-
-
778
regional
-
-
-
1 498
national
-
-
-
29 890
social contributions
-
-
-
33 693
total
-
-
-
65 859
Employee
90 179
-
131 000
-
social contributions
30 408
-
44 172
-
regional
851
-
1 317
-
municipal
478
-
695
-
national
15 626
-
25 908
-
total
47 363
-
72 092
-
Employer
90 179
-
131 000
-
total
-
-
-
-
Corporate
40 821
131 000
-
-
nationa
9 797
31 441
-
-
municipal
1 592
5 109
-
-
total
11 389
36 550
-
-
Dividends
29 431
94 451
-
-
withholding
7 652
24 557
-
-
total
7 652
24 557
-
-
Income
131 000
131 000
131 000
131 000
Total tax
66 404
61 107
72 092
65 859
After tax
64 596
69 893
58 908
65 141
Living cost
42 816
42 816
42 816
42 816
Free-cash
21 780
27 077
16 092
22 325

Estimated living cost  is ₽42816 per week

₽29846
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2807
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽657
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9505
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60008
₽56849
₽40336
₽38168
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
131 000
income
-
-
-
28 621
pensions
-
-
-
26 199
other
-
-
-
-
unemployment
-
-
-
231
health
-
-
-
9 300
surtax
-
-
-
3 922
total
-
-
-
68 273
Employee
33 555
-
108 217
-
other
-
-
-
-
health
857
-
2 759
-
surtax
110
-
3 580
-
income
5 625
-
26 569
-
pensions
2 237
-
7 219
-
unemployment
2 336
-
7 533
-
total
11 165
-
47 660
-
Employer
33 555
-
108 217
-
other
-
-
-
-
unemployment
1 063
-
3 431
-
pensions
4 473
-
14 424
-
health
1 527
-
4 926
-
total
7 063
-
22 781
-
Corporate
90 382
131 000
-
-
income
23 500
34 059
-
-
total
23 500
34 059
-
-
Dividends
66 882
96 941
-
-
withholding
10 032
14 542
-
-
total
10 032
14 542
-
-
Income
131 000
131 000
131 000
131 000
Total tax
51 760
48 601
70 441
68 273
After tax
79 240
82 399
60 559
62 727
Living cost
22 391
22 391
22 391
22 391
Free-cash
56 849
60 008
38 168
40 336

Estimated living cost  is ₽22391 per week

₽13691
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2066
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽516
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6117
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44291
₽43311
₽43795
₽31662
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
131 000
income
-
-
-
32 197
pensions
-
-
-
8 225
total
-
-
-
40 422
Employee
64 932
-
114 892
-
health
943
-
1 859
-
income
11 695
-
24 111
-
pensions
5 511
-
10 477
-
total
18 149
-
36 447
-
Employer
64 932
-
114 892
-
pensions
7 029
-
13 925
-
health
1 233
-
2 183
-
total
8 262
-
16 108
-
Corporate
57 806
131 000
-
-
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.

10 984
24 891
-
-
total
10 984
24 891
-
-
Dividends
46 822
106 109
-
-
withholding
3 511
15 035
-
-
total
3 511
15 035
-
-
Income
131 000
131 000
131 000
131 000
Total tax
40 906
39 926
52 555
40 422
After tax
90 094
91 074
78 445
90 578
Living cost
46 783
46 783
46 783
46 783
Free-cash
43 311
44 291
31 662
43 795

Estimated living cost  is ₽46783 per week

₽35050
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3507
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7737
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽17424
₽15662
₽30620
₽24184
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
131 000
city
-
-
-
1 380
pensions
-
-
-
12 051
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.

-
-
-
2 620
regional
-
-
-
5 362
health
-
-
-
294
national
-
-
-
1 347
total
-
-
-
23 054
Employee
90 491
-
117 253
-
city
971
-
1 259
-
regional
2 963
-
4 604
-
health
205
-
264
-
pensions
7 602
-
9 849
-
unemployment
-
-
-
-
national
428
-
1 056
-
total
12 169
-
17 032
-
Employer
90 491
-
117 253
-
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.

1 809
-
2 345
-
unemployment
-
-
-
-
pensions
7 602
-
9 849
-
health
205
-
264
-
total
9 616
-
12 458
-
Corporate
29 898
131 000
-
-
regional
6 323
27 707
-
-
national
2 542
11 136
-
-
total
8 865
38 843
-
-
Dividends
21 032
92 158
-
-
withholding
7 362
32 255
-
-
total
7 362
32 255
-
-
Income
131 000
131 000
131 000
131 000
Total tax
38 012
71 098
29 490
23 054
After tax
92 988
59 902
101 510
107 946
Living cost
77 326
77 326
77 326
77 326
Free-cash
15 662
-17 424
24 184
30 620

Estimated living cost  is ₽77326 per week

₽50284
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6939
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽949
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19153
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽18319
₽34775
₽26073
₽40449
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
131 000
trade
-
-
-
14 376
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.

-
-
-
35 201
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.

-
-
-
6 932
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.

-
-
-
1 935
total
-
-
-
58 444
Employee

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

60 981
-
131 000
-
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.

6 932
-
6 932
-
surtax

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

395
-
1 935
-
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.

7 171
-
35 201
-
total
14 498
-
44 068
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
70 019
131 000
-
-
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.

578
1 080
-
-
income
10 502
19 650
-
-
trade
12 008
22 467
-
-
chamber of commerce
252
339
-
-
total
23 340
43 536
-
-
Dividends
46 680
87 463
-
-
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.

620
1 182
-
-
withholding
11 284
21 480
-
-
total
11 904
22 662
-
-
Income
131 000
131 000
131 000
131 000
Total tax
49 742
66 198
44 068
58 444
After tax
81 258
64 802
86 932
72 556
Living cost
46 483
46 483
46 483
46 483
Free-cash
34 775
18 319
40 449
26 073

Estimated living cost  is ₽46483 per week

₽33950
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3718
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽605
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8213
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31308
₽37303
₽39880
₽42617
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
131 000
income
-
-
-
16 654
pensions
-
-
-
27 908
other
-
-
-
4 061
health
-
-
-
4 049
surtax
-
-
-
-
social contributions
-
-
-
3 732
total
-
-
-
56 404
Employee
43 427
-
104 156
-
social contributions
1 238
-
2 967
-
surtax
-
-
-
-
income
2 563
-
17 770
-
pensions
4 910
-
6 085
-
total
8 711
-
26 822
-
Employer
43 427
-
104 156
-
other
1 498
-
3 593
-
social contributions
131
-
312
-
unemployment
1 758
-
4 219
-
pensions
7 134
-
10 453
-
health
3 040
-
8 268
-
total
13 561
-
26 845
-
Corporate
74 011
131 000
-
-
surtax
-
-
-
-
income
20 723
36 680
-
-
total
20 723
36 680
-
-
Dividends
53 288
94 320
-
-
surtax
-
-
-
-
social contributions
9 166
16 223
-
-
withholding
6 820
12 073
-
-
total
15 986
28 296
-
-
Income
131 000
131 000
131 000
131 000
Total tax
58 981
64 976
53 667
56 404
After tax
72 019
66 024
77 333
74 596
Living cost
34 716
34 716
34 716
34 716
Free-cash
37 303
31 308
42 617
39 880

Estimated living cost  is ₽34716 per week

₽21890
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2823
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽591
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9414
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34748
₽40386
₽43320
₽46057
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
131 000
income
-
-
-
16 654
pensions
-
-
-
27 908
other
-
-
-
4 061
health
-
-
-
4 049
surtax
-
-
-
-
social contributions
-
-
-
3 732
total
-
-
-
56 404
Employee
38 765
-
104 156
-
social contributions
1 105
-
2 967
-
surtax
-
-
-
-
income
1 999
-
17 770
-
pensions
4 384
-
6 085
-
total
7 488
-
26 822
-
Employer
38 765
-
104 156
-
other
1 338
-
3 593
-
social contributions
116
-
312
-
unemployment
1 569
-
4 219
-
pensions
6 370
-
10 453
-
health
2 713
-
8 268
-
total
12 106
-
26 845
-
Corporate
80 129
131 000
-
-
surtax
-
-
-
-
income
22 437
36 680
-
-
total
22 437
36 680
-
-
Dividends
57 693
94 320
-
-
surtax
-
-
-
-
social contributions
9 922
16 223
-
-
withholding
7 385
12 073
-
-
total
17 307
28 296
-
-
Income
131 000
131 000
131 000
131 000
Total tax
59 338
64 976
53 667
56 404
After tax
71 662
66 024
77 333
74 596
Living cost
31 276
31 276
31 276
31 276
Free-cash
40 386
34 748
46 057
43 320

Estimated living cost  is ₽31276 per week

₽18139
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3177
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽593
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9368
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58405
₽58934
₽62613
₽61313
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
131 000
income
-
-
-
19 650
health
-
-
-
9 144
social contributions
-
-
-
18 077
total
-
-
-
46 871
Employee
34 404
-
131 000
-
social contributions
4 748
-
18 077
-
health
2 401
-
9 144
-
income
5 738
-
20 950
-
total
12 887
-
48 171
-
Employer
34 404
-
131 000
-
total
-
-
-
-
Corporate
96 596
131 000
-
-
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%.

4 829
6 551
-
-
total
4 829
6 551
-
-
Dividends
91 767
124 449
-
-
health
6 404
8 686
-
-
social contributions
12 664
17 174
-
-
withholding
13 766
18 668
-
-
total
32 834
44 528
-
-
Income
131 000
131 000
131 000
131 000
Total tax
50 550
51 079
48 171
46 871
After tax
80 450
79 921
82 829
84 129
Living cost
21 516
21 516
21 516
21 516
Free-cash
58 934
58 405
61 313
62 613

Estimated living cost  is ₽21516 per week

₽14399
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1327
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5293
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37185
₽35614
₽30046
₽191
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
131 000
chamber of commerce
-
-
-
524
income
-
-
-
27 256
pensions
-
-
-
21 930
unemployment
-
-
-
6 223
health
-
-
-
9 067
surtax
-
-
-
200
total
-
-
-
65 200
Employee
50 709
40 437
101 570
-
other
506
404
1 015
-
health
1 962
1 565
3 930
-
income
5 773
2 983
22 804
-
pensions
5 193
4 140
10 400
-
unemployment
1 521
1 213
3 046
-
total
14 955
10 305
41 195
-
Employer
50 709
40 437
101 570
-
accident
659
526
1 321
-
other
2 409
1 920
4 824
-
chamber of commerce
202
162
406
-
unemployment
1 521
1 213
3 046
-
surtax
200
200
200
-
pensions
6 364
5 076
12 747
-
payroll
1 521
1 213
3 046
-
health
1 916
1 529
3 840
-
total
14 792
11 839
29 430
-
Corporate
65 498
78 725
97 719
-
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.

16 375
19 681
24 430
-
total
16 375
19 681
24 430
-
Dividends
49 124
59 044
-
-
withholding
13 510
16 236
-
-
total
13 510
16 236
-
-
Income
131 000
131 000
131 000
131 000
Total tax
59 632
58 061
95 055
65 200
After tax
71 368
72 939
35 945
65 800
Living cost
35 754
35 754
35 754
35 754
Free-cash
35 614
37 185
191
30 046

Estimated living cost  is ₽35754 per week

₽23846
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3050
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.
₽8270
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36367
₽21148
₽21477
₽11789
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
131 000
national
-
-
-
45 135
communal

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

-
-
-
6 614
social contributions
-
-
-
20 777
total
-
-
-
72 526
Employee

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

72 581
-
101 464
-
communal

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

3 786
-
5 291
-
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.

3 410
-
4 770
-
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.

5 444
-
7 610
-
unemployment

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

632
-
882
-
national
22 314
-
34 125
-
total
35 586
-
52 678
-
Employer

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

72 581
-
101 464
-
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.

944
-
1 319
-
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.

1 059
-
1 481
-
surtax
8 230
-
11 507
-
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.

6 431
-
8 990
-
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.

4 463
-
6 239
-
total
21 127
-
29 536
-
Corporate
37 292
131 000
-
-
surtax
148
524
-
-
income
7 458
26 199
-
-
total
7 606
26 723
-
-
Dividends
29 686
104 277
-
-
withholding

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

8 536
30 913
-
-
total
8 536
30 913
-
-
Income
131 000
131 000
131 000
131 000
Total tax
72 855
57 636
82 214
72 526
After tax
58 145
73 364
48 786
58 474
Living cost
36 997
36 997
36 997
36 997
Free-cash
21 148
36 367
11 789
21 477

Estimated living cost  is ₽36997 per week

₽23831
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3235
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9352
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51252
₽43469
₽36387
₽31510
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
131 000
accident
-
-
-
847
income
-
-
-
29 753
pensions
-
-
-
26 615
other
-
-
-
94
unemployment
-
-
-
659
total
-
-
-
57 968
Employee
50 509
-
101 017
-
other
50
-
94
-
income
10 657
-
26 889
-
pensions
2 374
-
4 421
-
unemployment
784
-
1 458
-
total
13 865
-
32 862
-
Employer
50 509
-
101 017
-
accident
999
-
1 862
-
other
402
-
753
-
unemployment
2 779
-
5 172
-
pensions
11 919
-
22 196
-
total
16 099
-
29 983
-
Corporate
64 392
131 000
-
-
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.

9 659
19 650
-
-
total
9 659
19 650
-
-
Dividends
54 733
111 350
-
-
withholding
11 263
23 453
-
-
total
11 263
23 453
-
-
Income
131 000
131 000
131 000
131 000
Total tax
50 886
43 103
62 845
57 968
After tax
80 114
87 897
68 155
73 032
Living cost
36 645
36 645
36 645
36 645
Free-cash
43 469
51 252
31 510
36 387

Estimated living cost  is ₽36645 per week

₽26985
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2600
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6531
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Barcelona model

Close
Luxembourg , Luxembourg
₽23750
₽13615
₽14969
₽20191
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
131 000
accident
-
-
-
1 105
income
-
-
-
16 170
pensions
-
-
-
19 635
health
-
-
-
9 204
surtax
-
-
-
6 495
communal
-
-
-
8 280
total
-
-
-
60 889
Employee
76 841
-
117 015
-
health
3 420
-
5 209
-
surtax
4 710
-
7 171
-
income
7 422
-
19 940
-
pensions
6 146
-
9 362
-
total
21 698
-
41 682
-
Employer
76 841
-
117 015
-
accident
691
-
1 053
-
pensions
6 146
-
9 362
-
health
2 343
-
3 570
-
total
9 180
-
13 985
-
Corporate
44 978
131 000
-
-
surtax
472
1 375
-
-
communal
3 037
8 842
-
-
income
6 747
19 650
-
-
total
10 256
29 867
-
-
Dividends
34 722
101 133
-
-
income
15 900
7 071
-
-
withholding
5 209
15 170
-
-
total
21 109
22 241
-
-
Income
131 000
131 000
131 000
131 000
Total tax
62 243
52 108
55 667
60 889
After tax
68 757
78 892
75 333
70 111
Living cost
55 142
55 142
55 142
55 142
Free-cash
13 615
23 750
20 191
14 969

Estimated living cost  is ₽55142 per week

₽41365
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3341
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽583
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9851
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59608
₽56381
₽39936
₽37768
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
131 000
income
-
-
-
28 621
pensions
-
-
-
26 199
other
-
-
-
-
unemployment
-
-
-
231
health
-
-
-
9 300
surtax
-
-
-
3 922
total
-
-
-
68 273
Employee
34 171
-
108 217
-
other
-
-
-
-
health
872
-
2 759
-
surtax
121
-
3 580
-
income
5 729
-
26 569
-
pensions
2 280
-
7 219
-
unemployment
2 378
-
7 533
-
total
11 380
-
47 660
-
Employer
34 171
-
108 217
-
other
-
-
-
-
unemployment
1 084
-
3 431
-
pensions
4 556
-
14 424
-
health
1 554
-
4 926
-
total
7 194
-
22 781
-
Corporate
89 635
131 000
-
-
income
23 305
34 059
-
-
total
23 305
34 059
-
-
Dividends
66 330
96 941
-
-
withholding
9 949
14 542
-
-
total
9 949
14 542
-
-
Income
131 000
131 000
131 000
131 000
Total tax
51 828
48 601
70 441
68 273
After tax
79 172
82 399
60 559
62 727
Living cost
22 791
22 791
22 791
22 791
Free-cash
56 381
59 608
37 768
39 936

Estimated living cost  is ₽22791 per week

₽13760
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1981
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6522
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41523
₽39272
₽37332
₽31129
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
131 000
municipal
-
-
-
778
regional
-
-
-
1 974
national
-
-
-
29 890
social contributions
-
-
-
33 693
total
-
-
-
66 335
Employee
56 286
-
131 000
-
social contributions
18 980
-
44 172
-
regional
758
-
1 763
-
municipal
298
-
695
-
national
8 917
-
25 908
-
total
28 953
-
72 538
-
Employer
56 286
-
131 000
-
total
-
-
-
-
Corporate
74 714
131 000
-
-
nationa
17 931
31 441
-
-
municipal
3 712
6 510
-
-
total
21 643
37 951
-
-
Dividends
53 071
93 049
-
-
withholding
13 799
24 193
-
-
total
13 799
24 193
-
-
Income
131 000
131 000
131 000
131 000
Total tax
64 395
62 144
72 538
66 335
After tax
66 605
68 856
58 462
64 665
Living cost
27 333
27 333
27 333
27 333
Free-cash
39 272
41 523
31 129
37 332

Estimated living cost  is ₽27333 per week

₽16999
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2769
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7098
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60216
₽49524
₽36587
₽36500
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
131 000
income
-
-
-
11 746
health
-
-
-
17 685
solidarity contribution
-
-
-
-
social contributions
-
-
-
35 005
total
-
-
-
64 436
Employee
44 083
-
97 761
-
social contributions
2 865
-
6 355
-
health
5 951
-
13 198
-
solidarity contribution
-
-
-
-
income
5 290
-
11 731
-
total
14 106
-
31 284
-
Employer
44 083
-
97 761
-
social contributions
11 021
-
24 440
-
health
3 967
-
8 799
-
total
14 988
-
33 239
-
Corporate
71 929
131 000
-
-
income
13 666
24 890
-
-
total
13 666
24 890
-
-
Dividends
58 262
106 110
-
-
withholding
8 739
15 917
-
-
total
8 739
15 917
-
-
Income
131 000
131 000
131 000
131 000
Total tax
51 499
40 807
64 523
64 436
After tax
79 501
90 193
66 477
66 564
Living cost
29 977
29 977
29 977
29 977
Free-cash
49 524
60 216
36 500
36 587

Estimated living cost  is ₽29977 per week

₽22292
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1661
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽519
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5505
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40674
₽40170
₽33628
₽3607
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
131 000
chamber of commerce
-
-
-
524
income
-
-
-
27 256
pensions
-
-
-
21 930
unemployment
-
-
-
6 223
health
-
-
-
9 067
surtax
-
-
-
-
total
-
-
-
65 000
Employee
44 355
40 437
101 724
-
other
443
404
1 017
-
health
1 716
1 565
3 936
-
income
3 951
2 983
22 856
-
pensions
4 542
4 140
10 417
-
unemployment
1 331
1 213
3 052
-
total
11 983
10 305
41 278
-
Employer
44 355
40 437
101 724
-
accident
576
526
1 323
-
other
2 107
1 920
4 831
-
chamber of commerce
177
162
406
-
unemployment
1 331
1 213
3 052
-
surtax
-
-
-
-
pensions
5 567
5 076
12 766
-
payroll
1 331
1 213
3 052
-
health
1 677
1 529
3 845
-
total
12 766
11 639
29 275
-
Corporate
73 881
78 925
97 873
-
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.

18 470
19 731
24 468
-
total
18 470
19 731
24 468
-
Dividends
55 411
59 194
-
-
withholding
15 239
16 279
-
-
total
15 239
16 279
-
-
Income
131 000
131 000
131 000
131 000
Total tax
58 458
57 954
95 021
65 000
After tax
72 542
73 046
35 979
66 000
Living cost
32 372
32 372
32 372
32 372
Free-cash
40 170
40 674
3 607
33 628

Estimated living cost  is ₽32372 per week

₽19419
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3306
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.
₽9069
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽110017
₽107311
₽115257
₽90367
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
131 000
microenterprise

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

-
-
-
1 310
total
-
-
-
1 310
Employee
18 041
-
131 000
-
income
3 608
-
26 200
-
total
3 608
-
26 200
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

112 959
131 000
-
-
total
-
-
-
-
Dividends
112 959
131 000
-
-
withholding
5 648
6 550
-
-
total
5 648
6 550
-
-
Income
131 000
131 000
131 000
131 000
Total tax
9 256
6 550
26 200
1 310
After tax
121 744
124 450
104 800
129 690
Living cost
14 433
14 433
14 433
14 433
Free-cash
107 311
110 017
90 367
115 257

Estimated living cost  is ₽14433 per week

₽9767
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽606
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3576
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Tbilisi model

Close
Ljubljana , Slovenia
₽62977
₽54491
₽39188
₽35512
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
131 000
income
-
-
-
27 587
pensions
-
-
-
23 923
unemployment
-
-
-
196
health
-
-
-
12 890
total
-
-
-
64 596
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.

44 870
-
113 350
-
health
2 898
-
7 323
-
income
7 738
-
25 573
-
pensions
6 955
-
17 569
-
unemployment
64
-
158
-
total
17 655
-
50 623
-
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.

44 870
-
113 350
-
unemployment
27
-
67
-
pensions
3 970
-
10 032
-
health
2 988
-
7 550
-
total
6 985
-
17 649
-
Corporate
79 144
131 000
-
-
income
15 037
24 890
-
-
total
15 037
24 890
-
-
Dividends
64 108
106 110
-
-
withholding
9 616
15 917
-
-
total
9 616
15 917
-
-
Income
131 000
131 000
131 000
131 000
Total tax
49 293
40 807
68 272
64 596
After tax
81 707
90 193
62 728
66 404
Living cost
27 216
27 216
27 216
27 216
Free-cash
54 491
62 977
35 512
39 188

Estimated living cost  is ₽27216 per week

₽18678
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1745
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6268
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35716
-₽20991
₽46547
₽73606
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
131 000
income
-
-
-
25 535
social contributions
-
-
-
14 934
total
-
-
-
40 469
Employee
63 067
-
-
-
social contributions
5 172
-
737
-
income
13 911
-
-
-
total
19 083
-
737
-
Employer
63 067
-
-
-
social contributions
88 924
-
12 673
-
total
88 924
-
12 673
-
Corporate
-
131 000
-
-
income
-
28 820
-
-
total
-
28 820
-
-
Dividends
-
102 180
-
-
income
-
22 480
-
-
total
-
22 480
-
-
Income
131 000
131 000
131 000
131 000
Total tax
108 007
51 300
13 410
40 469
After tax
22 993
79 700
117 590
90 531
Living cost
43 984
43 984
43 984
43 984
Free-cash
-20 991
35 716
73 606
46 547

Estimated living cost  is ₽43984 per week

₽28539
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4137
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10748
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42685
₽41663
₽39934
₽31460
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
131 000
income
-
-
-
13 717
surtax
-
-
-
-
social contributions

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

-
-
-
45 522
total
-
-
-
59 239
Employee
46 668
-
105 858
-
social contributions
5 134
-
11 644
-
surtax
-
-
-
-
income
9 707
-
30 927
-
total
14 841
-
42 571
-
Employer
46 668
-
105 858
-
social contributions
11 084
-
25 142
-
total
11 084
-
25 142
-
Corporate
73 249
131 000
-
-
surtax
-
-
-
-
income
15 381
27 510
-
-
total
15 381
27 510
-
-
Dividends
57 867
103 490
-
-
withholding
16 204
28 978
-
-
total
16 204
28 978
-
-
Income
131 000
131 000
131 000
131 000
Total tax
57 510
56 488
67 713
59 239
After tax
73 490
74 512
63 287
71 761
Living cost
31 827
31 827
31 827
31 827
Free-cash
41 663
42 685
31 460
39 934

Estimated living cost  is ₽31827 per week

₽23813
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1877
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5605
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17016
₽23992
₽25588
₽28325
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
131 000
income
-
-
-
16 654
pensions
-
-
-
27 908
other
-
-
-
4 061
health
-
-
-
4 049
surtax
-
-
-
-
social contributions
-
-
-
3 732
total
-
-
-
56 404
Employee
63 552
-
104 156
-
social contributions
1 810
-
2 967
-
surtax
-
-
-
-
income
5 545
-
17 770
-
pensions
7 188
-
6 085
-
total
14 543
-
26 822
-
Employer
63 552
-
104 156
-
other
2 193
-
3 593
-
social contributions
191
-
312
-
unemployment
2 574
-
4 219
-
pensions
10 442
-
10 453
-
health
4 448
-
8 268
-
total
19 848
-
26 845
-
Corporate
47 600
131 000
-
-
surtax
-
-
-
-
income
13 329
36 680
-
-
total
13 329
36 680
-
-
Dividends
34 271
94 320
-
-
surtax
-
-
-
-
social contributions
5 894
16 223
-
-
withholding
4 386
12 073
-
-
total
10 280
28 296
-
-
Income
131 000
131 000
131 000
131 000
Total tax
58 000
64 976
53 667
56 404
After tax
73 000
66 024
77 333
74 596
Living cost
49 008
49 008
49 008
49 008
Free-cash
23 992
17 016
28 325
25 588

Estimated living cost  is ₽49008 per week

₽33168
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4009
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽672
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11159
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87399
₽83989
₽67622
₽71104
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
131 000
income
-
-
-
4 057
social contributions
-
-
-
28 820
total
-
-
-
32 877
Employee
32 621
-
113 420
-
income
-
-
4 442
-
social contributions
2 120
-
7 373
-
total
2 120
-
11 815
-
Employer
32 621
-
113 420
-
social contributions
5 057
-
17 580
-
total
5 057
-
17 580
-
Corporate
93 322
131 000
-
-
income
9 333
13 100
-
-
total
9 333
13 100
-
-
Dividends
83 989
117 900
-
-
total
-
-
-
-
Income
131 000
131 000
131 000
131 000
Total tax
16 510
13 100
29 395
32 877
After tax
114 490
117 900
101 605
98 123
Living cost
30 501
30 501
30 501
30 501
Free-cash
83 989
87 399
71 104
67 622

Estimated living cost  is ₽30501 per week

₽19722
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2299
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.
₽7906
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽90101
-₽90101
₽30787
-₽90101
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
131 000
municipal
-
-
-
25 870
pensions
-
-
-
880
national
-
-
-
14 180
labour market
-
-
-
10 410
total
-
-
-
51 340
Employee
206 279
206 279
206 279
-
labour market
16 479
16 479
16 479
-
national
25 201
25 201
25 201
-
municipal
43 926
43 926
43 926
-
pensions
293
293
293
-
total
85 899
85 899
85 899
-
Employer
206 279
206 279
206 279
-
labour market
16 502
16 502
16 502
-
municipal
43 996
43 996
43 996
-
pensions
586
586
586
-
national
25 245
25 245
25 245
-
total
86 329
86 329
86 329
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
131 000
131 000
131 000
131 000
Total tax
172 228
172 228
172 228
51 340
After tax
-41 228
-41 228
-41 228
79 660
Living cost
48 873
48 873
48 873
48 873
Free-cash
-90 101
-90 101
-90 101
30 787

Estimated living cost  is ₽48873 per week

₽33449
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4323
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽752
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10349
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽11167
₽7271
₽67939
₽47763
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
131 000
accident
-
-
-
254
income
-
-
-
34 285
pensions
-
-
-
4 181
other
-
-
-
372
health
-
-
-
2 191
total
-
-
-
41 283
Employee
34 259
-
115 185
-
health
3 923
-
13 189
-
income
4 700
-
24 789
-
pensions
3 858
-
7 666
-
total
12 481
-
45 644
-
Employer
34 259
-
115 185
-
accident
572
-
1 923
-
unemployment
839
-
2 822
-
pensions
5 570
-
11 070
-
total
6 981
-
15 815
-
Corporate
89 759
131 000
-
-
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.

80 783
117 900
-
-
total
80 783
117 900
-
-
Dividends
8 976
13 100
-
-
withholding
1 706
2 489
-
-
total
1 706
2 489
-
-
Income
131 000
131 000
131 000
131 000
Total tax
101 951
120 389
61 459
41 283
After tax
29 049
10 611
69 541
89 717
Living cost
21 778
21 778
21 778
21 778
Free-cash
7 271
-11 167
47 763
67 939

Estimated living cost  is ₽21778 per week

₽15852
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1242
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽409
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4276
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45889
₽46340
₽50760
₽32800
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
131 000
municipal
-
-
-
23 293
health
-
-
-
1 594
national
-
-
-
16 396
total
-
-
-
41 283
Employee
53 385
-
110 204
-
health
399
-
1 273
-
municipal
8 744
-
17 971
-
pensions
3 603
-
7 438
-
unemployment
801
-
1 652
-
national
882
-
10 113
-
total
14 429
-
38 447
-
Employer
53 385
-
110 204
-
accident
54
-
110
-
unemployment
347
-
716
-
pensions
9 262
-
19 121
-
health
410
-
849
-
total
10 073
-
20 796
-
Corporate
67 543
131 000
-
-
income
13 508
26 199
-
-
total
13 508
26 199
-
-
Dividends

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

40 526
78 601
-
-
national
399
5 806
-
-
municipal
7 294
14 149
-
-
total
7 693
19 955
-
-
Income
131 000
131 000
131 000
131 000
Total tax
45 703
46 154
59 243
41 283
After tax
85 297
84 846
71 757
89 717
Living cost
38 957
38 957
38 957
38 957
Free-cash
46 340
45 889
32 800
50 760

Estimated living cost  is ₽38957 per week

₽25446
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3747
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽620
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9144
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72226
₽66705
₽68222
₽66842
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
131 000
income
-
-
-
19 527
health
-
-
-
3 341
social contributions
-
-
-
16 417
total
-
-
-
39 285
Employee
78 025
78 025
120 046
-
social contributions
2 950
6 476
8 734
-
health
605
1 327
2 041
-
income
8 496
7 223
18 936
-
total
12 051
15 026
29 711
-
Employer
78 025
78 025
120 046
-
social contributions
2 950
6 476
8 734
-
health
657
1 444
2 220
-
total
3 607
7 920
10 954
-
Corporate
91 851
45 056
-
-
income
11 482
5 632
-
-
total
11 482
5 632
-
-
Dividends
80 368
39 423
-
-
withholding
13 662
6 703
-
-
total
13 662
6 703
-
-
Income
131 000
131 000
131 000
131 000
Total tax
40 802
35 281
40 665
39 285
After tax
90 198
95 719
90 335
91 715
Living cost
23 493
23 493
23 493
23 493
Free-cash
66 705
72 226
66 842
68 222

Estimated living cost  is ₽23493 per week

₽14080
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2305
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6589
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92371
₽87210
₽91801
₽71448
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
131 000
income
-
-
-
12 934
pensions
-
-
-
6 454
unemployment
-
-
-
29
health
-
-
-
3 672
total
-
-
-
23 089
Employee

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

23 291
-
121 083
-
health
1 979
-
8 184
-
income
1 592
-
10 419
-
pensions
3 493
-
14 442
-
unemployment
116
-
481
-
total
7 180
-
33 526
-
Employer

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

23 291
-
121 083
-
unemployment
116
-
481
-
pensions
1 280
-
5 295
-
health
1 001
-
4 140
-
total
2 397
-
9 916
-
Corporate
105 312
131 000
-
-
income
9 478
11 790
-
-
total
9 478
11 790
-
-
Dividends
95 835
119 210
-
-
withholding
8 625
10 729
-
-
total
8 625
10 729
-
-
Income
131 000
131 000
131 000
131 000
Total tax
27 680
22 519
43 442
23 089
After tax
103 320
108 481
87 558
107 911
Living cost
16 110
16 110
16 110
16 110
Free-cash
87 210
92 371
71 448
91 801

Estimated living cost  is ₽16110 per week

₽10279
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1161
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.
₽4190
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59994
₽54973
₽45129
₽40252
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
131 000
accident
-
-
-
847
income
-
-
-
29 753
pensions
-
-
-
26 615
other
-
-
-
94
unemployment
-
-
-
659
total
-
-
-
57 968
Employee
37 519
-
101 017
-
other
37
-
94
-
income
7 233
-
26 889
-
pensions
1 764
-
4 421
-
unemployment
582
-
1 458
-
total
9 616
-
32 862
-
Employer
37 519
-
101 017
-
accident
743
-
1 862
-
other
300
-
753
-
unemployment
2 064
-
5 172
-
pensions
8 854
-
22 196
-
total
11 961
-
29 983
-
Corporate
81 520
131 000
-
-
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.

12 227
19 650
-
-
total
12 227
19 650
-
-
Dividends
69 292
111 350
-
-
withholding
14 320
23 453
-
-
total
14 320
23 453
-
-
Income
131 000
131 000
131 000
131 000
Total tax
48 124
43 103
62 845
57 968
After tax
82 876
87 897
68 155
73 032
Living cost
27 903
27 903
27 903
27 903
Free-cash
54 973
59 994
40 252
45 129

Estimated living cost  is ₽27903 per week

₽18834
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2682
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5898
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78957
₽78500
₽80726
₽80528
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
131 000
income
-
-
-
43 980
pensions
-
-
-
2 033
health
-
-
-
1 474
total
-
-
-
47 487
Employee
4 245
-
128 713
-
health
212
-
508
-
income
821
-
43 873
-
pensions
382
-
915
-
unemployment
42
-
102
-
total
1 457
-
45 398
-
Employer
4 245
-
128 713
-
unemployment
85
-
203
-
pensions
467
-
1 118
-
health
403
-
966
-
total
955
-
2 287
-
Corporate
125 799
131 000
-
-
income
27 676
28 820
-
-
total
27 676
28 820
-
-
Dividends
98 124
102 180
-
-
withholding
19 625
20 436
-
-
total
19 625
20 436
-
-
Income
131 000
131 000
131 000
131 000
Total tax
49 713
49 256
47 685
47 487
After tax
81 287
81 744
83 315
83 513
Living cost
2 787
2 787
2 787
2 787
Free-cash
78 500
78 957
80 528
80 726

Estimated living cost  is ₽2787 per week

₽1656
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽226
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽64
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽841
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77092
₽72098
₽56578
₽56576
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
131 000
income
-
-
-
28 510
pensions
-
-
-
19 505
unemployment
-
-
-
1 125
health
-
-
-
7 727
total
-
-
-
56 867
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.

26 472
-
117 571
-
health
1 363
-
3 864
-
income
3 649
-
28 510
-
pensions
3 706
-
10 503
-
unemployment
199
-
563
-
total
8 917
-
43 440
-
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.

26 472
-
117 571
-
unemployment
199
-
563
-
pensions
3 177
-
9 002
-
health
1 363
-
3 864
-
total
4 739
-
13 429
-
Corporate
99 790
131 000
-
-
income
14 968
19 650
-
-
total
14 968
19 650
-
-
Dividends
84 821
111 350
-
-
withholding
12 723
16 703
-
-
total
12 723
16 703
-
-
Income
131 000
131 000
131 000
131 000
Total tax
41 347
36 353
56 869
56 867
After tax
89 653
94 647
74 131
74 133
Living cost
17 555
17 555
17 555
17 555
Free-cash
72 098
77 092
56 576
56 578

Estimated living cost  is ₽17555 per week

₽11820
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1358
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3869
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47157
₽46792
₽44406
₽35932
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
131 000
income
-
-
-
13 717
surtax
-
-
-
-
social contributions

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

-
-
-
45 522
total
-
-
-
59 239
Employee
39 382
-
105 858
-
social contributions
4 333
-
11 644
-
surtax
-
-
-
-
income
7 695
-
30 927
-
total
12 028
-
42 571
-
Employer
39 382
-
105 858
-
social contributions
9 352
-
25 142
-
total
9 352
-
25 142
-
Corporate
82 265
131 000
-
-
surtax
-
-
-
-
income
17 276
27 510
-
-
total
17 276
27 510
-
-
Dividends
64 989
103 490
-
-
withholding
18 197
28 978
-
-
total
18 197
28 978
-
-
Income
131 000
131 000
131 000
131 000
Total tax
56 853
56 488
67 713
59 239
After tax
74 147
74 512
63 287
71 761
Living cost
27 355
27 355
27 355
27 355
Free-cash
46 792
47 157
35 932
44 406

Estimated living cost  is ₽27355 per week

₽19375
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1901
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5596
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52236
₽44798
₽37371
₽32494
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
131 000
accident
-
-
-
847
income
-
-
-
29 753
pensions
-
-
-
26 615
other
-
-
-
94
unemployment
-
-
-
659
total
-
-
-
57 968
Employee
49 005
-
101 017
-
other
48
-
94
-
income
10 235
-
26 889
-
pensions
2 303
-
4 421
-
unemployment
759
-
1 458
-
total
13 345
-
32 862
-
Employer
49 005
-
101 017
-
accident
970
-
1 862
-
other
393
-
753
-
unemployment
2 696
-
5 172
-
pensions
11 565
-
22 196
-
total
15 624
-
29 983
-
Corporate
66 371
131 000
-
-
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.

9 955
19 650
-
-
total
9 955
19 650
-
-
Dividends
56 416
111 350
-
-
withholding
11 617
23 453
-
-
total
11 617
23 453
-
-
Income
131 000
131 000
131 000
131 000
Total tax
50 541
43 103
62 845
57 968
After tax
80 459
87 897
68 155
73 032
Living cost
35 661
35 661
35 661
35 661
Free-cash
44 798
52 236
32 494
37 371

Estimated living cost  is ₽35661 per week

₽25610
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2773
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽6776
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94538
₽88350
₽84413
₽89035
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
131 000
income
-
-
-
19 650
pensions

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

-
-
-
5 249
unemployment
-
-
-
142
health
-
-
-
4 079
total
-
-
-
29 120
Employee
23 129
-
124 042
-
health
1 064
-
1 631
-
accident

We are using the highest rate at 1.1%.

254
-
390
-
income
2 313
-
12 405
-
pensions

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

2 030
-
3 114
-
total
5 661
-
17 540
-
Employer
23 129
-
124 042
-
accident

We are using the highest rate at 1.1%.

254
-
390
-
unemployment
139
-
213
-
pensions

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

2 549
-
3 908
-
health
1 596
-
2 447
-
total
4 538
-
6 958
-
Corporate
103 334
131 000
-
-
income
10 334
13 100
-
-
total
10 334
13 100
-
-
Dividends
93 000
117 900
-
-
withholding
4 650
5 895
-
-
total
4 650
5 895
-
-
Income
131 000
131 000
131 000
131 000
Total tax
25 183
18 995
24 498
29 120
After tax
105 817
112 005
106 502
101 880
Living cost
17 467
17 467
17 467
17 467
Free-cash
88 350
94 538
89 035
84 413

Estimated living cost  is ₽17467 per week

₽11552
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1000
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽417
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4498
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28322
₽41600
₽35729
₽47758
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
131 000
trade
-
-
-
12 029
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.

-
-
-
35 201
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.

-
-
-
6 932
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.

-
-
-
1 935
total
-
-
-
56 097
Employee

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

50 487
-
131 000
-
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.

6 932
-
6 932
-
surtax

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

229
-
1 935
-
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.

4 152
-
35 201
-
total
11 313
-
44 068
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
80 513
131 000
-
-
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.

664
1 080
-
-
income
12 077
19 650
-
-
trade
11 553
18 799
-
-
chamber of commerce
272
347
-
-
total
24 566
39 876
-
-
Dividends
55 947
91 124
-
-
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.

747
1 232
-
-
withholding
13 600
22 396
-
-
total
14 347
23 628
-
-
Income
131 000
131 000
131 000
131 000
Total tax
50 226
63 504
44 068
56 097
After tax
80 774
67 496
86 932
74 903
Living cost
39 174
39 174
39 174
39 174
Free-cash
41 600
28 322
47 758
35 729

Estimated living cost  is ₽39174 per week

₽27023
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4215
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.
₽7367
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33898
₽36139
₽25299
₽25299
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
131 000
income
-
-
-
35 629
social contributions
-
-
-
12 271
total
-
-
-
47 900
Employee
79 371
-
131 000
-
income
14 977
-
35 629
-
social contributions
6 594
-
12 271
-
total
21 571
-
47 900
-
Employer
79 371
-
131 000
-
total
-
-
-
-
Corporate
51 629
131 000
-
-
income
6 454
16 375
-
-
total
6 454
16 375
-
-
Dividends
45 174
114 625
-
-
withholding
9 035
22 926
-
-
total
9 035
22 926
-
-
Income
131 000
131 000
131 000
131 000
Total tax
37 060
39 301
47 900
47 900
After tax
93 940
91 699
83 100
83 100
Living cost
57 801
57 801
57 801
57 801
Free-cash
36 139
33 898
25 299
25 299

Estimated living cost  is ₽57801 per week

₽43974
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4710
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8565
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42957
₽46501
₽58473
₽59223
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
131 000
income
-
-
-
28 883
health

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

-
-
-
6 811
total
-
-
-
35 694
Employee
46 548
-
126 332
-
income
5 051
-
25 608
-
social contributions
4 664
-
4 668
-
total
9 715
-
30 276
-
Employer
46 548
-
126 332
-
social contributions
4 664
-
4 668
-
total
4 664
-
4 668
-
Corporate
79 789
131 000
-
-
income
27 926
45 849
-
-
total
27 926
45 849
-
-
Dividends
51 862
85 151
-
-
social contributions
5 361
5 361
-
-
total
5 361
5 361
-
-
Income
131 000
131 000
131 000
131 000
Total tax
47 666
51 210
34 944
35 694
After tax
83 334
79 790
96 056
95 306
Living cost
36 833
36 833
36 833
36 833
Free-cash
46 501
42 957
59 223
58 473

Estimated living cost  is ₽36833 per week

₽24262
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2904
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽564
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9102
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53041
₽54342
₽52545
₽40412
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
131 000
income
-
-
-
32 197
pensions
-
-
-
8 225
total
-
-
-
40 422
Employee
52 206
-
114 892
-
health
681
-
1 859
-
income
9 507
-
24 111
-
pensions
3 985
-
10 477
-
total
14 173
-
36 447
-
Employer
52 206
-
114 892
-
pensions
5 274
-
13 925
-
health
992
-
2 183
-
total
6 266
-
16 108
-
Corporate
72 527
131 000
-
-
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.

13 780
24 891
-
-
total
13 780
24 891
-
-
Dividends
58 747
106 109
-
-
withholding
4 406
15 035
-
-
total
4 406
15 035
-
-
Income
131 000
131 000
131 000
131 000
Total tax
38 625
39 926
52 555
40 422
After tax
92 375
91 074
78 445
90 578
Living cost
38 033
38 033
38 033
38 033
Free-cash
54 342
53 041
40 412
52 545

Estimated living cost  is ₽38033 per week

₽26091
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3498
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.
₽7967
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽13324
₽6939
₽65782
₽45606
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
131 000
accident
-
-
-
254
income
-
-
-
34 285
pensions
-
-
-
4 181
other
-
-
-
372
health
-
-
-
2 191
total
-
-
-
41 283
Employee
37 650
-
115 185
-
health
4 311
-
13 189
-
income
5 165
-
24 789
-
pensions
4 239
-
7 666
-
total
13 715
-
45 644
-
Employer
37 650
-
115 185
-
accident
629
-
1 923
-
unemployment
922
-
2 822
-
pensions
6 122
-
11 070
-
total
7 673
-
15 815
-
Corporate
85 677
131 000
-
-
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.

77 110
117 900
-
-
total
77 110
117 900
-
-
Dividends
8 568
13 100
-
-
withholding
1 628
2 489
-
-
total
1 628
2 489
-
-
Income
131 000
131 000
131 000
131 000
Total tax
100 126
120 389
61 459
41 283
After tax
30 874
10 611
69 541
89 717
Living cost
23 935
23 935
23 935
23 935
Free-cash
6 939
-13 324
45 606
65 782

Estimated living cost  is ₽23935 per week

₽17565
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1395
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽482
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4492
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96532
₽91783
₽60393
₽74106
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
131 000
work injury
-
-
-
655
health insurance
-
-
-
9 694
income
-
-
-
20 877
pensions
-
-
-
24 104
unemployment
-
-
-
1 572
total
-
-
-
56 902
Employee

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

21 928
-
131 000
-
work injury
110
-
406
-
income
2 193
-
20 877
-
pensions
4 035
-
14 928
-
health insurance
1 623
-
6 004
-
unemployment
263
-
974
-
total
8 224
-
43 189
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
109 072
131 000
-
-
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%.

1 091
1 310
-
-
total
1 091
1 310
-
-
Dividends
107 981
129 690
-
-
withholding
16 197
19 453
-
-
total
16 197
19 453
-
-
Income
131 000
131 000
131 000
131 000
Total tax
25 512
20 763
43 189
56 902
After tax
105 488
110 237
87 811
74 098
Living cost
13 705
13 705
13 705
13 705
Free-cash
91 783
96 532
74 106
60 393

Estimated living cost  is ₽13705 per week

₽8490
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽996
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽428
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3791
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28577
₽23963
₽23229
₽17238
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
131 000
municipal
-
-
-
876
regional
-
-
-
2 889
national
-
-
-
29 890
social contributions
-
-
-
33 693
total
-
-
-
67 348
Employee
85 504
-
131 000
-
social contributions
28 831
-
44 172
-
regional
1 291
-
2 477
-
municipal
510
-
782
-
national
14 449
-
25 908
-
total
45 081
-
73 339
-
Employer
85 504
-
131 000
-
total
-
-
-
-
Corporate
45 496
131 000
-
-
nationa
10 920
31 441
-
-
municipal
2 193
6 314
-
-
total
13 113
37 755
-
-
Dividends
32 383
93 246
-
-
withholding
8 420
24 245
-
-
total
8 420
24 245
-
-
Income
131 000
131 000
131 000
131 000
Total tax
66 614
62 000
73 339
67 348
After tax
64 386
69 000
57 661
63 652
Living cost
40 423
40 423
40 423
40 423
Free-cash
23 963
28 577
17 238
23 229

Estimated living cost  is ₽40423 per week

₽28394
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2781
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽610
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8636
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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