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
₽ 132000
per

Your estimated
City
free-cash

Dresden , Germany
₽36084
₽47248
₽43446
₽56846
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
132 000
trade
-
-
-
13 400
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.

-
-
-
35 728
health

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

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

-
-
-
6 894
surtax

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

-
-
-
1 965
total
-
-
-
57 987
Employee

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

38 599
-
132 000
-
health

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

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

6 894
-
6 894
-
surtax

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

59
-
1 965
-
income

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

1 078
-
35 728
-
total
8 031
-
44 587
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
93 401
132 000
-
-
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.

770
1 090
-
-
income
14 011
19 800
-
-
trade
14 710
20 790
-
-
chamber of commerce
287
343
-
-
total
29 778
42 023
-
-
Dividends
63 623
89 977
-
-
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.

854
1 216
-
-
withholding
15 522
22 110
-
-
total
16 376
23 326
-
-
Income
132 000
132 000
132 000
132 000
Total tax
54 185
65 349
44 587
57 987
After tax
77 815
66 651
87 413
74 013
Living cost
30 567
30 567
30 567
30 567
Free-cash
47 248
36 084
56 846
43 446

Estimated living cost  is ₽30567 per week

₽19228
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3564
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7205
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Dresden model

Close
Reykjavik , Iceland
₽31374
₽30526
₽27695
₽28730
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
132 000
municipal
-
-
-
14 140
pensions
-
-
-
15 840
national
-
-
-
21 912
social contributions
-
-
-
1 419
total
-
-
-
53 311
Employee
79 050
-
114 113
-
municipal
9 764
-
14 651
-
pensions
3 162
-
4 565
-
national
15 130
-
22 704
-
total
28 056
-
41 920
-
Employer
79 050
-
114 113
-
social contributions
850
-
1 227
-
pensions
6 324
-
9 129
-
total
7 174
-
10 356
-
Corporate
40 559
132 000
-
-
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%.

8 112
26 400
-
-
total
8 112
26 400
-
-
Dividends
32 447
105 600
-
-
withholding
7 138
23 232
-
-
total
7 138
23 232
-
-
Income
132 000
132 000
132 000
132 000
Total tax
50 480
49 632
52 276
53 311
After tax
81 520
82 368
79 724
78 689
Living cost
50 994
50 994
50 994
50 994
Free-cash
30 526
31 374
28 730
27 695

Estimated living cost  is ₽50994 per week

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

Additional information

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

Source of data for Reykjavik model

Close
Riga , Latvia
₽84605
₽76327
₽18362
₽53053
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
132 000
microenterprise
-
-
-
-
income
-
-
-
20 317
surtax
-
-
-
33 660
social contributions

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

-
-
-
38 666
total
-
-
-
92 643
Employee
29 489
-
106 374
-
social contributions

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

3 244
-
11 701
-
surtax
-
-
-
-
income
5 249
-
20 625
-
total
8 493
-
32 326
-
Employer
29 489
-
106 374
-
social contributions

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

7 103
-
25 626
-
surtax
-
-
-
-
total
7 103
-
25 626
-
Corporate
95 408
132 000
-
-
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%.

19 082
26 400
-
-
total
19 082
26 400
-
-
Dividends

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

76 326
105 600
-
-
total
-
-
-
-
Income
132 000
132 000
132 000
132 000
Total tax
34 678
26 400
57 952
92 643
After tax
97 322
105 600
74 048
39 357
Living cost
20 995
20 995
20 995
20 995
Free-cash
76 327
84 605
53 053
18 362

Estimated living cost  is ₽20995 per week

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

Source of data for Riga model

Close
Rotterdam , Netherlands
₽22396
₽16213
₽33783
₽32595
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
132 000
income
-
-
-
31 673
pensions
-
-
-
11 824
health
-
-
-
12 444
total
-
-
-
55 941
Employee
86 180
86 180
113 245
-
health
13 228
11 251
12 444
-
income

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

14 106
14 106
14 106
-
pensions
15 512
11 824
11 824
-
total
42 846
37 181
38 374
-
Employer
86 180
86 180
113 245
-
unemployment
3 102
3 102
3 855
-
pensions
5 998
5 998
7 456
-
health
5 990
5 990
7 444
-
total
15 090
15 090
18 755
-
Corporate
31 786
30 729
-
-
income
6 356
6 146
-
-
total
6 356
6 146
-
-
Dividends
25 430
24 583
-
-
income
5 404
5 224
-
-
withholding
3 815
3 687
-
-
total
9 219
8 911
-
-
Income
132 000
132 000
132 000
132 000
Total tax
73 511
67 328
57 129
55 941
After tax
58 489
64 672
74 871
76 059
Living cost
42 276
42 276
42 276
42 276
Free-cash
16 213
22 396
32 595
33 783

Estimated living cost  is ₽42276 per week

₽29960
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3811
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽672
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7833
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rotterdam model

Close
Stockholm , Sweden
₽33080
₽32205
₽30960
₽29908
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
132 000
municipal
-
-
-
31 980
accident
-
-
-
171
pensions
-
-
-
9 238
other
-
-
-
9 930
unemployment
-
-
-
86
health
-
-
-
5 332
national
-
-
-
5 311
total
-
-
-
62 048
Employee
55 560
-
105 150
-
municipal
16 568
-
31 356
-
national
-
-
4 893
-
total
16 568
-
36 249
-
Employer
55 560
-
105 150
-
accident
111
-
171
-
other
6 456
-
9 930
-
unemployment
1 467
-
2 256
-
pensions
6 006
-
9 238
-
health
3 417
-
5 256
-
total
17 457
-
26 851
-
Corporate
58 983
132 000
-
-
income
12 976
29 040
-
-
total
12 976
29 040
-
-
Dividends
46 007
102 960
-
-
withholding
13 802
30 888
-
-
total
13 802
30 888
-
-
Income
132 000
132 000
132 000
132 000
Total tax
60 803
59 928
63 100
62 048
After tax
71 197
72 072
68 900
69 952
Living cost
38 992
38 992
38 992
38 992
Free-cash
32 205
33 080
29 908
30 960

Estimated living cost  is ₽38992 per week

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

Source of data for Stockholm model

Close
Hamburg , Germany
₽26327
₽40510
₽33772
₽47768
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
132 000
trade
-
-
-
13 996
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.

-
-
-
35 728
health

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

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

-
-
-
6 894
surtax

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

-
-
-
1 965
total
-
-
-
58 583
Employee

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

51 178
-
132 000
-
health

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

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

6 894
-
6 894
-
surtax

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

241
-
1 965
-
income

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

4 397
-
35 728
-
total
11 532
-
44 587
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
80 822
132 000
-
-
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.

666
1 090
-
-
income
12 123
19 800
-
-
trade
13 295
21 714
-
-
chamber of commerce
268
341
-
-
total
26 352
42 945
-
-
Dividends
54 470
89 055
-
-
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.

728
1 203
-
-
withholding
13 233
21 880
-
-
total
13 961
23 083
-
-
Income
132 000
132 000
132 000
132 000
Total tax
51 845
66 028
44 587
58 583
After tax
80 155
65 972
87 413
73 417
Living cost
39 645
39 645
39 645
39 645
Free-cash
40 510
26 327
47 768
33 772

Estimated living cost  is ₽39645 per week

₽26515
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4181
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8358
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Hamburg model

Close
Limassol , Cyprus
₽63710
₽59525
₽59651
₽58264
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
132 000
income
-
-
-
19 921
health
-
-
-
3 367
social contributions
-
-
-
16 328
total
-
-
-
39 616
Employee
77 601
77 601
121 072
-
social contributions
3 771
6 441
8 687
-
health
772
1 320
2 059
-
income
8 149
7 184
19 329
-
total
12 692
14 945
30 075
-
Employer
77 601
77 601
121 072
-
social contributions
3 771
6 441
8 687
-
health
841
1 436
2 241
-
total
4 612
7 877
10 928
-
Corporate
81 964
46 522
-
-
income
10 246
5 814
-
-
total
10 246
5 814
-
-
Dividends
71 718
40 708
-
-
withholding
12 192
6 921
-
-
total
12 192
6 921
-
-
Income
132 000
132 000
132 000
132 000
Total tax
39 742
35 557
41 003
39 616
After tax
92 258
96 443
90 997
92 384
Living cost
32 733
32 733
32 733
32 733
Free-cash
59 525
63 710
58 264
59 651

Estimated living cost  is ₽32733 per week

₽22376
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2557
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7251
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Limassol model

Close
Budapest , Hungary
₽55912
₽56293
₽73107
₽58185
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
132 000
income
-
-
-
16 137
pensions
-
-
-
13 200
unemployment
-
-
-
1 980
health
-
-
-
9 240
total
-
-
-
40 557
Employee

As of 2018, the minimum salary of a managing director was set at 180,500 HUF per month.

The minimum wage is 138,000 HUF per month.

26 469
10 534
110 460
-
health
1 853
737
7 732
-
income
3 236
1 288
13 504
-
pensions
2 647
1 053
11 046
-
unemployment
397
158
1 657
-
total
8 133
3 236
33 939
-
Employer

As of 2018, the minimum salary of a managing director was set at 180,500 HUF per month.

The minimum wage is 138,000 HUF per month.

26 469
10 534
110 460
-
pensions
5 161
2 054
21 540
-
total
5 161
2 054
21 540
-
Corporate
100 370
119 412
-
-
income
9 033
10 747
-
-
total
9 033
10 747
-
-
Dividends
91 337
108 665
-
-
social contributions
17 690
21 069
-
-
withholding
17 354
20 646
-
-
total
35 044
41 715
-
-
Income
132 000
132 000
132 000
132 000
Total tax
57 371
57 752
55 479
40 557
After tax
74 629
74 248
76 521
91 443
Living cost
18 336
18 336
18 336
18 336
Free-cash
56 293
55 912
58 185
73 107

Estimated living cost  is ₽18336 per week

₽12513
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1500
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽366
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3957
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Budapest model

Close
Tallinn , Estonia
₽81225
₽74955
₽46378
₽51707
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
132 000
income
-
-
-
17 688
pensions
-
-
-
26 400
health
-
-
-
17 159
total
-
-
-
61 247
Employee
28 629
-
98 654
-
income
3 223
-
19 021
-
pensions
573
-
1 973
-
unemployment
458
-
1 578
-
total
4 254
-
22 572
-
Employer
28 629
-
98 654
-
unemployment
230
-
789
-
pensions
5 726
-
19 731
-
health
3 721
-
12 826
-
total
9 677
-
33 346
-
Corporate
93 694
132 000
-
-
income
18 739
26 400
-
-
total
18 739
26 400
-
-
Dividends
74 955
105 600
-
-
total
-
-
-
-
Income
132 000
132 000
132 000
132 000
Total tax
32 670
26 400
55 918
61 247
After tax
99 330
105 600
76 082
70 753
Living cost
24 375
24 375
24 375
24 375
Free-cash
74 955
81 225
51 707
46 378

Estimated living cost  is ₽24375 per week

₽16719
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1452
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5715
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Tallinn model

Close
Gdansk , Poland
-₽11380
₽7306
₽68326
₽48056
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
132 000
accident
-
-
-
253
income
-
-
-
34 615
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
41 602
Employee
34 721
-
116 161
-
health
3 975
-
13 301
-
income
4 763
-
25 078
-
pensions
3 910
-
7 654
-
total
12 648
-
46 033
-
Employer
34 721
-
116 161
-
accident
580
-
1 940
-
unemployment
851
-
2 846
-
pensions
5 646
-
11 053
-
total
7 077
-
15 839
-
Corporate
90 203
132 000
-
-
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.

81 183
118 800
-
-
total
81 183
118 800
-
-
Dividends
9 020
13 200
-
-
withholding
1 714
2 508
-
-
total
1 714
2 508
-
-
Income
132 000
132 000
132 000
132 000
Total tax
102 622
121 308
61 872
41 602
After tax
29 378
10 692
70 128
90 398
Living cost
22 072
22 072
22 072
22 072
Free-cash
7 306
-11 380
48 056
68 326

Estimated living cost  is ₽22072 per week

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

Additional information

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

Source of data for Gdansk model

Close
Batumi , Georgia
₽116320
₽114618
₽121600
₽96520
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
132 000
microenterprise

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

-
-
-
1 320
total
-
-
-
1 320
Employee
11 349
-
132 000
-
income
2 270
-
26 400
-
total
2 270
-
26 400
-
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%.

120 651
132 000
-
-
total
-
-
-
-
Dividends
120 651
132 000
-
-
withholding
6 032
6 600
-
-
total
6 032
6 600
-
-
Income
132 000
132 000
132 000
132 000
Total tax
8 302
6 600
26 400
1 320
After tax
123 698
125 400
105 600
130 680
Living cost
9 080
9 080
9 080
9 080
Free-cash
114 618
116 320
96 520
121 600

Estimated living cost  is ₽9080 per week

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

Additional information

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

Source of data for Batumi model

Close
Bratislava , Slovakia
₽70090
₽63274
₽43558
₽49016
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
132 000
income
-
-
-
17 790
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.

-
-
-
31 682
other
-
-
-
6 270
health
-
-
-
5 809
total
-
-
-
61 551
Employee
36 642
-
105 430
-
health
513
-
1 477
-
income
6 308
-
19 609
-
pensions

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

2 564
-
7 381
-
unemployment
366
-
1 055
-
total
9 751
-
29 522
-
Employer
36 642
-
105 430
-
accident
293
-
843
-
other
1 833
-
5 272
-
unemployment
366
-
1 055
-
pensions

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

6 230
-
17 924
-
health
513
-
1 477
-
total
9 235
-
26 571
-
Corporate
86 123
132 000
-
-
income
18 086
27 719
-
-
total
18 086
27 719
-
-
Dividends
68 037
104 281
-
-
withholding
4 763
7 300
-
-
total
4 763
7 300
-
-
Income
132 000
132 000
132 000
132 000
Total tax
41 835
35 019
56 093
61 551
After tax
90 165
96 981
75 907
70 449
Living cost
26 891
26 891
26 891
26 891
Free-cash
63 274
70 090
49 016
43 558

Estimated living cost  is ₽26891 per week

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

Source of data for Bratislava model

Close
London , United Kingdom
₽23681
₽17265
₽23291
₽11087
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
132 000
income
-
-
-
32 800
pensions
-
-
-
8 183
total
-
-
-
40 983
Employee
95 822
-
115 739
-
health
1 579
-
1 858
-
income
17 273
-
24 664
-
pensions
9 244
-
10 404
-
total
28 096
-
36 926
-
Employer
95 822
-
115 739
-
pensions
11 314
-
14 062
-
health
1 820
-
2 199
-
total
13 134
-
16 261
-
Corporate
23 044
132 000
-
-
income

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

4 378
25 081
-
-
total
4 378
25 081
-
-
Dividends
18 666
106 919
-
-
withholding
1 401
15 512
-
-
total
1 401
15 512
-
-
Income
132 000
132 000
132 000
132 000
Total tax
47 009
40 593
53 187
40 983
After tax
84 991
91 407
78 813
91 017
Living cost
67 726
67 726
67 726
67 726
Free-cash
17 265
23 681
11 087
23 291

Estimated living cost  is ₽67726 per week

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

Additional information

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

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

Source of data for London model

Close
Varna , Bulgaria
₽99621
₽94931
₽89544
₽94225
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
132 000
income
-
-
-
19 800
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
29 217
Employee
17 531
-
125 080
-
health
806
-
1 622
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
income
1 753
-
12 508
-
pensions

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

1 539
-
3 097
-
total
4 291
-
17 615
-
Employer
17 531
-
125 080
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
unemployment
105
-
212
-
pensions

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

1 932
-
3 887
-
health
1 210
-
2 434
-
total
3 440
-
6 921
-
Corporate
111 029
132 000
-
-
income
11 103
13 200
-
-
total
11 103
13 200
-
-
Dividends
99 926
118 800
-
-
withholding
4 996
5 940
-
-
total
4 996
5 940
-
-
Income
132 000
132 000
132 000
132 000
Total tax
23 830
19 140
24 536
29 217
After tax
108 170
112 860
107 464
102 783
Living cost
13 239
13 239
13 239
13 239
Free-cash
94 931
99 621
94 225
89 544

Estimated living cost  is ₽13239 per week

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

Source of data for Varna model

Close
Amsterdam , Netherlands
₽8711
₽11246
₽20098
₽18910
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
132 000
income
-
-
-
31 673
pensions
-
-
-
11 824
health
-
-
-
12 444
total
-
-
-
55 941
Employee
93 564
86 180
113 245
-
health
11 673
11 251
12 444
-
income

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

14 106
14 106
14 106
-
pensions
11 824
11 824
11 824
-
total
37 603
37 181
38 374
-
Employer
93 564
86 180
113 245
-
unemployment
3 369
3 102
3 855
-
pensions
6 511
5 998
7 456
-
health
6 502
5 990
7 444
-
total
16 382
15 090
18 755
-
Corporate
22 054
30 729
-
-
income
4 411
6 146
-
-
total
4 411
6 146
-
-
Dividends
17 644
24 583
-
-
income
3 750
5 224
-
-
withholding
2 647
3 687
-
-
total
6 397
8 911
-
-
Income
132 000
132 000
132 000
132 000
Total tax
64 793
67 328
57 129
55 941
After tax
67 207
64 672
74 871
76 059
Living cost
55 961
55 961
55 961
55 961
Free-cash
11 246
8 711
18 910
20 098

Estimated living cost  is ₽55961 per week

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

Source of data for Amsterdam model

Close
Brno , Czech Republic
₽66711
₽58089
₽43318
₽42813
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
132 000
income
-
-
-
11 910
health
-
-
-
17 820
solidarity contribution
-
-
-
-
social contributions
-
-
-
34 781
total
-
-
-
64 511
Employee
35 546
-
98 507
-
social contributions
2 310
-
6 403
-
health
4 799
-
13 299
-
solidarity contribution
-
-
-
-
income
4 265
-
11 821
-
total
11 374
-
31 523
-
Employer
35 546
-
98 507
-
social contributions
8 886
-
24 627
-
health
3 199
-
8 866
-
total
12 085
-
33 493
-
Corporate
84 369
132 000
-
-
income
16 030
25 080
-
-
total
16 030
25 080
-
-
Dividends
68 339
106 920
-
-
withholding
10 251
16 038
-
-
total
10 251
16 038
-
-
Income
132 000
132 000
132 000
132 000
Total tax
49 740
41 118
65 016
64 511
After tax
82 260
90 882
66 984
67 489
Living cost
24 171
24 171
24 171
24 171
Free-cash
58 089
66 711
42 813
43 318

Estimated living cost  is ₽24171 per week

₽16789
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1720
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5187
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brno model

Close
Milan , Italy
₽27843
₽22576
₽22958
₽16678
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
132 000
municipal
-
-
-
785
regional
-
-
-
1 511
national
-
-
-
30 211
social contributions
-
-
-
33 951
total
-
-
-
66 458
Employee
89 690
-
132 000
-
social contributions
30 243
-
44 511
-
regional
846
-
1 329
-
municipal
475
-
699
-
national
15 541
-
26 199
-
total
47 105
-
72 738
-
Employer
89 690
-
132 000
-
total
-
-
-
-
Corporate
42 310
132 000
-
-
nationa
10 154
31 680
-
-
municipal
1 651
5 148
-
-
total
11 805
36 828
-
-
Dividends
30 505
95 172
-
-
withholding
7 930
24 745
-
-
total
7 930
24 745
-
-
Income
132 000
132 000
132 000
132 000
Total tax
66 840
61 573
72 738
66 458
After tax
65 160
70 427
59 262
65 542
Living cost
42 584
42 584
42 584
42 584
Free-cash
22 576
27 843
16 678
22 958

Estimated living cost  is ₽42584 per week

₽29684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2792
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽653
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9453
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Milan model

Close
Thessaloniki , Greece
₽60757
₽57620
₽40708
₽38524
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
132 000
income
-
-
-
29 027
pensions
-
-
-
26 400
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
9 373
surtax
-
-
-
3 993
total
-
-
-
69 023
Employee
33 373
-
109 047
-
other
-
-
-
-
health
852
-
2 781
-
surtax
109
-
3 650
-
income
5 594
-
26 959
-
pensions
2 225
-
7 274
-
unemployment
2 323
-
7 590
-
total
11 103
-
48 254
-
Employer
33 373
-
109 047
-
other
-
-
-
-
unemployment
1 057
-
3 457
-
pensions
4 449
-
14 536
-
health
1 519
-
4 960
-
total
7 025
-
22 953
-
Corporate
91 602
132 000
-
-
income
23 816
34 321
-
-
total
23 816
34 321
-
-
Dividends
67 786
97 679
-
-
withholding
10 167
14 653
-
-
total
10 167
14 653
-
-
Income
132 000
132 000
132 000
132 000
Total tax
52 111
48 974
71 207
69 023
After tax
79 889
83 026
60 793
62 977
Living cost
22 269
22 269
22 269
22 269
Free-cash
57 620
60 757
38 524
40 708

Estimated living cost  is ₽22269 per week

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

Source of data for Thessaloniki model

Close
Cambridge , United Kingdom
₽45138
₽44663
₽44748
₽32544
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
132 000
income
-
-
-
32 800
pensions
-
-
-
8 183
total
-
-
-
40 983
Employee
64 218
-
115 739
-
health
932
-
1 858
-
income
11 566
-
24 664
-
pensions
5 451
-
10 404
-
total
17 949
-
36 926
-
Employer
64 218
-
115 739
-
pensions
6 952
-
14 062
-
health
1 220
-
2 199
-
total
8 172
-
16 261
-
Corporate
59 611
132 000
-
-
income

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

11 325
25 081
-
-
total
11 325
25 081
-
-
Dividends
48 286
106 919
-
-
withholding
3 622
15 512
-
-
total
3 622
15 512
-
-
Income
132 000
132 000
132 000
132 000
Total tax
41 068
40 593
53 187
40 983
After tax
90 932
91 407
78 813
91 017
Living cost
46 269
46 269
46 269
46 269
Free-cash
44 663
45 138
32 544
44 748

Estimated living cost  is ₽46269 per week

₽34664
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3468
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7652
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

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

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

Source of data for Cambridge model

Close
Zurich , Switzerland
-₽15913
₽16720
₽32364
₽25915
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
132 000
city
-
-
-
1 391
pensions
-
-
-
12 144
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.

-
-
-
2 641
regional
-
-
-
5 487
health
-
-
-
298
national
-
-
-
1 401
total
-
-
-
23 362
Employee
89 260
-
118 148
-
city
958
-
1 269
-
regional
2 923
-
4 698
-
health
202
-
266
-
pensions
7 499
-
9 924
-
unemployment
-
-
-
-
national
422
-
1 101
-
total
12 004
-
17 258
-
Employer
89 260
-
118 148
-
other

This will depend on a canton and a chosen fund. The rate is between 0.1% and 3.63% for an employee. We use 2% as an average rate.

1 785
-
2 363
-
unemployment
-
-
-
-
pensions
7 499
-
9 924
-
health
202
-
266
-
total
9 486
-
12 553
-
Corporate
32 273
132 000
-
-
regional
6 825
27 918
-
-
national
2 743
11 219
-
-
total
9 568
39 137
-
-
Dividends
22 706
92 863
-
-
withholding
7 948
32 502
-
-
total
7 948
32 502
-
-
Income
132 000
132 000
132 000
132 000
Total tax
39 006
71 639
29 811
23 362
After tax
92 994
60 361
102 189
108 638
Living cost
76 274
76 274
76 274
76 274
Free-cash
16 720
-15 913
25 915
32 364

Estimated living cost  is ₽76274 per week

₽49600
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6845
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽936
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18893
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

It is extremely rare that a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit) is given a residence permit based on self-employment.

Source of data for Zurich model

Close
Munich , Germany
₽19060
₽35427
₽26591
₽41182
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
132 000
trade
-
-
-
14 591
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.

-
-
-
35 728
health

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

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

-
-
-
6 894
surtax

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

-
-
-
1 965
total
-
-
-
59 178
Employee

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

60 650
-
132 000
-
health

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

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

6 894
-
6 894
-
surtax

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

393
-
1 965
-
income

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

7 132
-
35 728
-
total
14 419
-
44 587
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
71 350
132 000
-
-
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.

588
1 090
-
-
income
10 702
19 800
-
-
trade
12 236
22 639
-
-
chamber of commerce
253
339
-
-
total
23 779
43 868
-
-
Dividends
47 572
88 132
-
-
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.

634
1 191
-
-
withholding
11 510
21 650
-
-
total
12 144
22 841
-
-
Income
132 000
132 000
132 000
132 000
Total tax
50 342
66 709
44 587
59 178
After tax
81 658
65 291
87 413
72 822
Living cost
46 231
46 231
46 231
46 231
Free-cash
35 427
19 060
41 182
26 591

Estimated living cost  is ₽46231 per week

₽33765
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3698
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽601
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8168
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Munich model

Close
Nice , France
₽32001
₽37962
₽40598
₽43143
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
132 000
income
-
-
-
16 967
pensions
-
-
-
27 900
other
-
-
-
4 093
health
-
-
-
4 154
surtax
-
-
-
-
social contributions
-
-
-
3 761
total
-
-
-
56 875
Employee
43 191
-
104 838
-
social contributions
1 231
-
2 988
-
surtax
-
-
-
-
income
2 549
-
18 001
-
pensions
4 884
-
6 178
-
total
8 664
-
27 167
-
Employer
43 191
-
104 838
-
other
1 490
-
3 618
-
social contributions
130
-
314
-
unemployment
1 748
-
4 246
-
pensions
7 095
-
10 599
-
health
3 024
-
8 386
-
total
13 487
-
27 163
-
Corporate
75 320
132 000
-
-
surtax
-
-
-
-
income
21 089
36 960
-
-
total
21 089
36 960
-
-
Dividends
54 231
95 040
-
-
surtax
-
-
-
-
social contributions
9 329
16 347
-
-
withholding
6 942
12 165
-
-
total
16 271
28 512
-
-
Income
132 000
132 000
132 000
132 000
Total tax
59 511
65 472
54 330
56 875
After tax
72 489
66 528
77 670
75 125
Living cost
34 527
34 527
34 527
34 527
Free-cash
37 962
32 001
43 143
40 598

Estimated living cost  is ₽34527 per week

₽21771
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2808
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽588
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9363
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Nice model

Close
Marseille , France
₽35421
₽41029
₽44018
₽46563
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
132 000
income
-
-
-
16 967
pensions
-
-
-
27 900
other
-
-
-
4 093
health
-
-
-
4 154
surtax
-
-
-
-
social contributions
-
-
-
3 761
total
-
-
-
56 875
Employee
38 554
-
104 838
-
social contributions
1 099
-
2 988
-
surtax
-
-
-
-
income
1 988
-
18 001
-
pensions
4 361
-
6 178
-
total
7 448
-
27 167
-
Employer
38 554
-
104 838
-
other
1 331
-
3 618
-
social contributions
115
-
314
-
unemployment
1 561
-
4 246
-
pensions
6 335
-
10 599
-
health
2 698
-
8 386
-
total
12 040
-
27 163
-
Corporate
81 405
132 000
-
-
surtax
-
-
-
-
income
22 794
36 960
-
-
total
22 794
36 960
-
-
Dividends
58 612
95 040
-
-
surtax
-
-
-
-
social contributions
10 081
16 347
-
-
withholding
7 501
12 165
-
-
total
17 582
28 512
-
-
Income
132 000
132 000
132 000
132 000
Total tax
59 864
65 472
54 330
56 875
After tax
72 136
66 528
77 670
75 125
Living cost
31 107
31 107
31 107
31 107
Free-cash
41 029
35 421
46 563
44 018

Estimated living cost  is ₽31107 per week

₽18040
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3160
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9317
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Marseille model

Close
Vilnius , Lithuania
₽59135
₽59655
₽63370
₽61993
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
132 000
income
-
-
-
19 800
health
-
-
-
9 214
social contributions
-
-
-
18 217
total
-
-
-
47 231
Employee
34 217
-
132 000
-
social contributions
4 723
-
18 217
-
health
2 388
-
9 214
-
income
5 707
-
21 177
-
total
12 818
-
48 608
-
Employer
34 217
-
132 000
-
total
-
-
-
-
Corporate
97 783
132 000
-
-
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%.

4 889
6 599
-
-
total
4 889
6 599
-
-
Dividends
92 893
125 401
-
-
health
6 485
8 752
-
-
social contributions
12 820
17 305
-
-
withholding
13 934
18 810
-
-
total
33 239
44 867
-
-
Income
132 000
132 000
132 000
132 000
Total tax
50 946
51 466
48 608
47 231
After tax
81 054
80 534
83 392
84 769
Living cost
21 399
21 399
21 399
21 399
Free-cash
59 655
59 135
61 993
63 370

Estimated living cost  is ₽21399 per week

₽14321
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1320
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5265
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Vilnius model

Close
Vienna , Austria
₽37911
₽36350
₽30866
₽488
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
132 000
chamber of commerce
-
-
-
529
income
-
-
-
27 827
pensions
-
-
-
21 811
unemployment
-
-
-
6 190
health
-
-
-
9 018
surtax
-
-
-
199
total
-
-
-
65 574
Employee
50 434
40 217
102 346
-
other
504
402
1 023
-
health
1 952
1 557
3 960
-
income
5 742
2 967
23 136
-
pensions
5 165
4 117
10 480
-
unemployment
1 513
1 207
3 070
-
total
14 876
10 250
41 669
-
Employer
50 434
40 217
102 346
-
accident
655
523
1 331
-
other
2 396
1 909
4 861
-
chamber of commerce
201
161
410
-
unemployment
1 513
1 207
3 070
-
surtax
199
199
199
-
pensions
6 329
5 048
12 845
-
payroll
1 513
1 207
3 070
-
health
1 906
1 521
3 869
-
total
14 712
11 775
29 655
-
Corporate
66 854
80 009
98 516
-
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.

16 713
20 001
24 628
-
total
16 713
20 001
24 628
-
Dividends
50 141
60 007
-
-
withholding
13 789
16 503
-
-
total
13 789
16 503
-
-
Income
132 000
132 000
132 000
132 000
Total tax
60 090
58 529
95 952
65 574
After tax
71 910
73 471
36 048
66 426
Living cost
35 560
35 560
35 560
35 560
Free-cash
36 350
37 911
488
30 866

Estimated living cost  is ₽35560 per week

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

Additional information

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

Source of data for Vienna model

Close
Brussels , Belgium
₽37122
₽21988
₽22005
₽12232
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
132 000
national
-
-
-
45 626
communal

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

-
-
-
6 667
social contributions
-
-
-
20 906
total
-
-
-
73 199
Employee

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

72 187
-
102 237
-
communal

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

3 765
-
5 332
-
health

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

3 392
-
4 805
-
pensions

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

5 414
-
7 668
-
unemployment

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

628
-
889
-
national
22 193
-
34 516
-
total
35 392
-
53 210
-
Employer

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

72 187
-
102 237
-
accident

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

938
-
1 329
-
unemployment

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

1 053
-
1 492
-
surtax
8 185
-
11 594
-
pensions

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

6 396
-
9 058
-
health

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

4 439
-
6 289
-
total
21 011
-
29 762
-
Corporate
38 800
132 000
-
-
surtax
155
529
-
-
income
7 760
26 400
-
-
total
7 915
26 929
-
-
Dividends
30 885
105 072
-
-
withholding

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

8 898
31 153
-
-
total
8 898
31 153
-
-
Income
132 000
132 000
132 000
132 000
Total tax
73 216
58 082
82 972
73 199
After tax
58 784
73 918
49 028
58 801
Living cost
36 796
36 796
36 796
36 796
Free-cash
21 988
37 122
12 232
22 005

Estimated living cost  is ₽36796 per week

₽23701
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3217
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽576
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9302
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brussels model

Close
Barcelona , Spain
₽52093
₽44381
₽37266
₽32416
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
132 000
accident
-
-
-
843
income
-
-
-
30 225
pensions
-
-
-
26 471
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
58 288
Employee
50 235
-
102 180
-
other
50
-
94
-
income
10 599
-
27 376
-
pensions
2 361
-
4 397
-
unemployment
779
-
1 450
-
total
13 789
-
33 317
-
Employer
50 235
-
102 180
-
accident
994
-
1 852
-
other
400
-
749
-
unemployment
2 764
-
5 144
-
pensions
11 855
-
22 076
-
total
16 013
-
29 821
-
Corporate
65 753
132 000
-
-
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.

9 863
19 800
-
-
total
9 863
19 800
-
-
Dividends
55 890
112 200
-
-
withholding
11 508
23 661
-
-
total
11 508
23 661
-
-
Income
132 000
132 000
132 000
132 000
Total tax
51 173
43 461
63 138
58 288
After tax
80 827
88 539
68 862
73 712
Living cost
36 446
36 446
36 446
36 446
Free-cash
44 381
52 093
32 416
37 266

Estimated living cost  is ₽36446 per week

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

Source of data for Barcelona model

Close
Luxembourg , Luxembourg
₽24572
₽14361
₽15543
₽20805
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
132 000
accident
-
-
-
1 113
income
-
-
-
16 555
pensions
-
-
-
19 785
health
-
-
-
9 275
surtax
-
-
-
6 544
communal
-
-
-
8 342
total
-
-
-
61 614
Employee
76 425
-
117 911
-
health
3 401
-
5 247
-
surtax
4 684
-
7 226
-
income
7 382
-
20 357
-
pensions
6 113
-
9 432
-
total
21 580
-
42 262
-
Employer
76 425
-
117 911
-
accident
688
-
1 061
-
pensions
6 113
-
9 432
-
health
2 331
-
3 597
-
total
9 132
-
14 090
-
Corporate
46 444
132 000
-
-
surtax
488
1 387
-
-
communal
3 135
8 909
-
-
income
6 967
19 800
-
-
total
10 590
30 096
-
-
Dividends
35 854
101 904
-
-
income
16 116
7 203
-
-
withholding
5 378
15 286
-
-
total
21 494
22 489
-
-
Income
132 000
132 000
132 000
132 000
Total tax
62 796
52 585
56 352
61 614
After tax
69 204
79 415
75 648
70 386
Living cost
54 843
54 843
54 843
54 843
Free-cash
14 361
24 572
20 805
15 543

Estimated living cost  is ₽54843 per week

₽41140
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3323
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9798
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Luxembourg model

Close
Athens , Greece
₽60359
₽57153
₽40310
₽38126
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
132 000
income
-
-
-
29 027
pensions
-
-
-
26 400
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
9 373
surtax
-
-
-
3 993
total
-
-
-
69 023
Employee
33 986
-
109 047
-
other
-
-
-
-
health
868
-
2 781
-
surtax
121
-
3 650
-
income
5 697
-
26 959
-
pensions
2 267
-
7 274
-
unemployment
2 365
-
7 590
-
total
11 318
-
48 254
-
Employer
33 986
-
109 047
-
other
-
-
-
-
unemployment
1 078
-
3 457
-
pensions
4 531
-
14 536
-
health
1 545
-
4 960
-
total
7 154
-
22 953
-
Corporate
90 859
132 000
-
-
income
23 623
34 321
-
-
total
23 623
34 321
-
-
Dividends
67 237
97 679
-
-
withholding
10 085
14 653
-
-
total
10 085
14 653
-
-
Income
132 000
132 000
132 000
132 000
Total tax
52 180
48 974
71 207
69 023
After tax
79 820
83 026
60 793
62 977
Living cost
22 667
22 667
22 667
22 667
Free-cash
57 153
60 359
38 126
40 310

Estimated living cost  is ₽22667 per week

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

Source of data for Athens model

Close
Naples , Italy
₽42197
₽39954
₽37877
₽31630
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
132 000
municipal
-
-
-
785
regional
-
-
-
1 991
national
-
-
-
30 211
social contributions
-
-
-
33 951
total
-
-
-
66 938
Employee
55 981
-
132 000
-
social contributions
18 877
-
44 511
-
regional
754
-
1 776
-
municipal
297
-
699
-
national
8 869
-
26 199
-
total
28 797
-
73 185
-
Employer
55 981
-
132 000
-
total
-
-
-
-
Corporate
76 019
132 000
-
-
nationa
18 245
31 680
-
-
municipal
3 779
6 561
-
-
total
22 024
38 241
-
-
Dividends
53 995
93 759
-
-
withholding
14 040
24 377
-
-
total
14 040
24 377
-
-
Income
132 000
132 000
132 000
132 000
Total tax
64 861
62 618
73 185
66 938
After tax
67 139
69 382
58 815
65 062
Living cost
27 185
27 185
27 185
27 185
Free-cash
39 954
42 197
31 630
37 877

Estimated living cost  is ₽27185 per week

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

Source of data for Naples model

Close
Prague , Czech Republic
₽61097
₽50472
₽37704
₽37199
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
132 000
income
-
-
-
11 910
health
-
-
-
17 820
solidarity contribution
-
-
-
-
social contributions
-
-
-
34 781
total
-
-
-
64 511
Employee
43 801
-
98 507
-
social contributions
2 847
-
6 403
-
health
5 913
-
13 299
-
solidarity contribution
-
-
-
-
income
5 256
-
11 821
-
total
14 016
-
31 523
-
Employer
43 801
-
98 507
-
social contributions
10 950
-
24 627
-
health
3 942
-
8 866
-
total
14 892
-
33 493
-
Corporate
73 306
132 000
-
-
income
13 928
25 080
-
-
total
13 928
25 080
-
-
Dividends
59 378
106 920
-
-
withholding
8 907
16 038
-
-
total
8 907
16 038
-
-
Income
132 000
132 000
132 000
132 000
Total tax
51 743
41 118
65 016
64 511
After tax
80 257
90 882
66 984
67 489
Living cost
29 785
29 785
29 785
29 785
Free-cash
50 472
61 097
37 199
37 704

Estimated living cost  is ₽29785 per week

₽22150
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1650
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5470
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Prague model

Close
Graz , Austria
₽41383
₽40885
₽34428
₽3883
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
132 000
chamber of commerce
-
-
-
529
income
-
-
-
27 827
pensions
-
-
-
21 811
unemployment
-
-
-
6 190
health
-
-
-
9 018
surtax
-
-
-
-
total
-
-
-
65 375
Employee
44 114
40 217
102 500
-
other
440
402
1 025
-
health
1 706
1 557
3 966
-
income
3 930
2 967
23 188
-
pensions
4 518
4 117
10 497
-
unemployment
1 323
1 207
3 076
-
total
11 917
10 250
41 752
-
Employer
44 114
40 217
102 500
-
accident
573
523
1 333
-
other
2 095
1 909
4 868
-
chamber of commerce
176
161
410
-
unemployment
1 323
1 207
3 076
-
surtax
-
-
-
-
pensions
5 537
5 048
12 864
-
payroll
1 323
1 207
3 076
-
health
1 668
1 521
3 874
-
total
12 695
11 576
29 501
-
Corporate
75 190
80 208
98 669
-
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.

18 797
20 051
24 667
-
total
18 797
20 051
24 667
-
Dividends
56 394
60 156
-
-
withholding
15 509
16 543
-
-
total
15 509
16 543
-
-
Income
132 000
132 000
132 000
132 000
Total tax
58 918
58 420
95 920
65 375
After tax
73 082
73 580
36 080
66 625
Living cost
32 197
32 197
32 197
32 197
Free-cash
40 885
41 383
3 883
34 428

Estimated living cost  is ₽32197 per week

₽19314
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3288
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9020
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Graz model

Close
Tbilisi , Georgia
₽111251
₽108598
₽116531
₽91451
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
132 000
microenterprise

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

-
-
-
1 320
total
-
-
-
1 320
Employee
17 686
-
132 000
-
income
3 537
-
26 400
-
total
3 537
-
26 400
-
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%.

114 314
132 000
-
-
total
-
-
-
-
Dividends
114 314
132 000
-
-
withholding
5 716
6 600
-
-
total
5 716
6 600
-
-
Income
132 000
132 000
132 000
132 000
Total tax
9 253
6 600
26 400
1 320
After tax
122 747
125 400
105 600
130 680
Living cost
14 149
14 149
14 149
14 149
Free-cash
108 598
111 251
91 451
116 531

Estimated living cost  is ₽14149 per week

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

Additional information

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

Source of data for Tbilisi model

Close
Ljubljana , Slovenia
₽63814
₽55373
₽39725
₽36079
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
132 000
income
-
-
-
27 914
pensions
-
-
-
24 107
unemployment
-
-
-
197
health
-
-
-
12 988
total
-
-
-
65 206
Employee

The minimum monthly earnings used to calculate contributions are 54% (gradually rising by two percent until reaching 60% by 2021) of the insured's average monthly wage in the last year.

44 626
-
114 216
-
health
2 882
-
7 379
-
income
7 696
-
25 827
-
pensions
6 917
-
17 703
-
unemployment
63
-
159
-
total
17 558
-
51 068
-
Employer

The minimum monthly earnings used to calculate contributions are 54% (gradually rising by two percent until reaching 60% by 2021) of the insured's average monthly wage in the last year.

44 626
-
114 216
-
unemployment
27
-
69
-
pensions
3 949
-
10 108
-
health
2 972
-
7 607
-
total
6 948
-
17 784
-
Corporate
80 426
132 000
-
-
income
15 281
25 080
-
-
total
15 281
25 080
-
-
Dividends
65 145
106 920
-
-
withholding
9 771
16 037
-
-
total
9 771
16 037
-
-
Income
132 000
132 000
132 000
132 000
Total tax
49 558
41 117
68 852
65 206
After tax
82 442
90 883
63 148
66 794
Living cost
27 069
27 069
27 069
27 069
Free-cash
55 373
63 814
36 079
39 725

Estimated living cost  is ₽27069 per week

₽18577
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1735
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6234
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Ljubljana model

Close
Oslo , Norway
₽36725
-₽18609
₽47639
₽75128
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
132 000
income
-
-
-
25 729
social contributions
-
-
-
15 048
total
-
-
-
40 777
Employee
62 493
-
-
-
social contributions
5 124
-
730
-
income
13 785
-
-
-
total
18 909
-
730
-
Employer
62 493
-
-
-
social contributions
88 116
-
12 558
-
total
88 116
-
12 558
-
Corporate
-
132 000
-
-
income
-
29 040
-
-
total
-
29 040
-
-
Dividends
-
102 960
-
-
income
-
22 651
-
-
total
-
22 651
-
-
Income
132 000
132 000
132 000
132 000
Total tax
107 025
51 691
13 288
40 777
After tax
24 975
80 309
118 712
91 223
Living cost
43 584
43 584
43 584
43 584
Free-cash
-18 609
36 725
75 128
47 639

Estimated living cost  is ₽43584 per week

₽28279
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4099
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10650
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Oslo model

Close
Lisbon , Portugal
₽43428
₽42411
₽40576
₽31967
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
132 000
income
-
-
-
13 898
surtax
-
-
-
-
social contributions

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

-
-
-
45 871
total
-
-
-
59 769
Employee
46 415
-
106 667
-
social contributions
5 106
-
11 734
-
surtax
-
-
-
-
income
9 654
-
31 311
-
total
14 760
-
43 045
-
Employer
46 415
-
106 667
-
social contributions
11 023
-
25 333
-
total
11 023
-
25 333
-
Corporate
74 562
132 000
-
-
surtax
-
-
-
-
income
15 658
27 719
-
-
total
15 658
27 719
-
-
Dividends
58 904
104 281
-
-
withholding
16 493
29 198
-
-
total
16 493
29 198
-
-
Income
132 000
132 000
132 000
132 000
Total tax
57 934
56 917
68 378
59 769
After tax
74 066
75 083
63 622
72 231
Living cost
31 655
31 655
31 655
31 655
Free-cash
42 411
43 428
31 967
40 576

Estimated living cost  is ₽31655 per week

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

Source of data for Lisbon model

Close
Paris , France
₽17786
₽24722
₽26383
₽28928
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
132 000
income
-
-
-
16 967
pensions
-
-
-
27 900
other
-
-
-
4 093
health
-
-
-
4 154
surtax
-
-
-
-
social contributions
-
-
-
3 761
total
-
-
-
56 875
Employee
63 207
-
104 838
-
social contributions
1 800
-
2 988
-
surtax
-
-
-
-
income
5 515
-
18 001
-
pensions
7 149
-
6 178
-
total
14 464
-
27 167
-
Employer
63 207
-
104 838
-
other
2 181
-
3 618
-
social contributions
190
-
314
-
unemployment
2 561
-
4 246
-
pensions
10 386
-
10 599
-
health
4 424
-
8 386
-
total
19 742
-
27 163
-
Corporate
49 052
132 000
-
-
surtax
-
-
-
-
income
13 735
36 960
-
-
total
13 735
36 960
-
-
Dividends
35 317
95 040
-
-
surtax
-
-
-
-
social contributions
6 075
16 347
-
-
withholding
4 520
12 165
-
-
total
10 595
28 512
-
-
Income
132 000
132 000
132 000
132 000
Total tax
58 536
65 472
54 330
56 875
After tax
73 464
66 528
77 670
75 125
Living cost
48 742
48 742
48 742
48 742
Free-cash
24 722
17 786
28 928
26 383

Estimated living cost  is ₽48742 per week

₽32988
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3987
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽668
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11098
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Paris model

Close
Andorra , Andorra
₽88463
₽85073
₽68456
₽71964
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
132 000
income
-
-
-
4 167
social contributions
-
-
-
29 041
total
-
-
-
33 208
Employee
32 444
-
114 287
-
income
-
-
4 558
-
social contributions
2 109
-
7 429
-
total
2 109
-
11 987
-
Employer
32 444
-
114 287
-
social contributions
5 029
-
17 713
-
total
5 029
-
17 713
-
Corporate
94 527
132 000
-
-
income
9 453
13 201
-
-
total
9 453
13 201
-
-
Dividends
85 074
118 799
-
-
total
-
-
-
-
Income
132 000
132 000
132 000
132 000
Total tax
16 591
13 201
29 700
33 208
After tax
115 409
118 799
102 300
98 792
Living cost
30 336
30 336
30 336
30 336
Free-cash
85 073
88 463
71 964
68 456

Estimated living cost  is ₽30336 per week

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

Additional information

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

Source of data for Andorra model

Close
Copenhagen , Denmark
-₽87973
-₽87973
₽31770
-₽87973
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
132 000
municipal
-
-
-
26 135
pensions
-
-
-
875
national
-
-
-
14 107
labour market
-
-
-
10 490
total
-
-
-
51 607
Employee
205 227
205 227
205 227
-
labour market
16 395
16 395
16 395
-
national
25 072
25 072
25 072
-
municipal
43 702
43 702
43 702
-
pensions
292
292
292
-
total
85 461
85 461
85 461
-
Employer
205 227
205 227
205 227
-
labour market
16 418
16 418
16 418
-
municipal
43 772
43 772
43 772
-
pensions
583
583
583
-
national
25 116
25 116
25 116
-
total
85 889
85 889
85 889
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
132 000
132 000
132 000
132 000
Total tax
171 350
171 350
171 350
51 607
After tax
-39 350
-39 350
-39 350
80 393
Living cost
48 623
48 623
48 623
48 623
Free-cash
-87 973
-87 973
-87 973
31 770

Estimated living cost  is ₽48623 per week

₽33278
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4301
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽748
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10296
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Copenhagen model

Close
Krakow , Poland
-₽11054
₽7357
₽68652
₽48382
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
132 000
accident
-
-
-
253
income
-
-
-
34 615
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
41 602
Employee
34 209
-
116 161
-
health
3 917
-
13 301
-
income
4 693
-
25 078
-
pensions
3 852
-
7 654
-
total
12 462
-
46 033
-
Employer
34 209
-
116 161
-
accident
571
-
1 940
-
unemployment
838
-
2 846
-
pensions
5 562
-
11 053
-
total
6 971
-
15 839
-
Corporate
90 820
132 000
-
-
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.

81 738
118 800
-
-
total
81 738
118 800
-
-
Dividends
9 082
13 200
-
-
withholding
1 726
2 508
-
-
total
1 726
2 508
-
-
Income
132 000
132 000
132 000
132 000
Total tax
102 897
121 308
61 872
41 602
After tax
29 103
10 692
70 128
90 398
Living cost
21 746
21 746
21 746
21 746
Free-cash
7 357
-11 054
48 382
68 652

Estimated living cost  is ₽21746 per week

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

Additional information

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

Source of data for Krakow model

Close
Helsinki , Finland
₽46647
₽47211
₽51507
₽33411
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
132 000
municipal
-
-
-
23 470
health
-
-
-
1 613
national
-
-
-
16 665
total
-
-
-
41 748
Employee
53 095
-
111 047
-
health
396
-
1 289
-
municipal
8 697
-
18 107
-
pensions
3 583
-
7 496
-
unemployment
797
-
1 666
-
national
877
-
10 333
-
total
14 350
-
38 891
-
Employer
53 095
-
111 047
-
accident
54
-
111
-
unemployment
345
-
722
-
pensions
9 212
-
19 266
-
health
408
-
854
-
total
10 019
-
20 953
-
Corporate
68 887
132 000
-
-
income
13 777
26 400
-
-
total
13 777
26 400
-
-
Dividends

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

41 332
79 200
-
-
national
458
5 952
-
-
municipal
7 440
14 256
-
-
total
7 898
20 208
-
-
Income
132 000
132 000
132 000
132 000
Total tax
46 044
46 608
59 844
41 748
After tax
85 956
85 392
72 156
90 252
Living cost
38 745
38 745
38 745
38 745
Free-cash
47 211
46 647
33 411
51 507

Estimated living cost  is ₽38745 per week

₽25308
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽617
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9095
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Helsinki model

Close
Larnaca , Cyprus
₽73078
₽67590
₽69019
₽67632
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
132 000
income
-
-
-
19 921
health
-
-
-
3 367
social contributions
-
-
-
16 328
total
-
-
-
39 616
Employee
77 601
77 601
121 072
-
social contributions
2 934
6 441
8 687
-
health
601
1 320
2 059
-
income
8 449
7 184
19 329
-
total
11 984
14 945
30 075
-
Employer
77 601
77 601
121 072
-
social contributions
2 934
6 441
8 687
-
health
653
1 436
2 241
-
total
3 587
7 877
10 928
-
Corporate
93 063
46 522
-
-
income
11 632
5 814
-
-
total
11 632
5 814
-
-
Dividends
81 430
40 708
-
-
withholding
13 842
6 921
-
-
total
13 842
6 921
-
-
Income
132 000
132 000
132 000
132 000
Total tax
41 045
35 557
41 003
39 616
After tax
90 955
96 443
90 997
92 384
Living cost
23 365
23 365
23 365
23 365
Free-cash
67 590
73 078
67 632
69 019

Estimated living cost  is ₽23365 per week

₽14003
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2292
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6554
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Larnaca model

Close
Podgorica , Montenegro
₽93287
₽88151
₽92825
₽72582
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
132 000
income
-
-
-
13 052
pensions
-
-
-
6 419
unemployment
-
-
-
29
health
-
-
-
3 652
total
-
-
-
23 152
Employee

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

23 164
-
122 137
-
health
1 969
-
8 139
-
income
1 584
-
10 551
-
pensions
3 474
-
14 363
-
unemployment
115
-
479
-
total
7 142
-
33 532
-
Employer

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

23 164
-
122 137
-
unemployment
115
-
479
-
pensions
1 274
-
5 267
-
health
996
-
4 117
-
total
2 385
-
9 863
-
Corporate
106 451
132 000
-
-
income
9 581
11 879
-
-
total
9 581
11 879
-
-
Dividends
96 870
120 121
-
-
withholding
8 718
10 811
-
-
total
8 718
10 811
-
-
Income
132 000
132 000
132 000
132 000
Total tax
27 826
22 690
43 395
23 152
After tax
104 174
109 310
88 605
108 848
Living cost
16 023
16 023
16 023
16 023
Free-cash
88 151
93 287
72 582
92 825

Estimated living cost  is ₽16023 per week

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

Source of data for Podgorica model

Close
Valencia , Spain
₽60788
₽55825
₽45961
₽41111
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
132 000
accident
-
-
-
843
income
-
-
-
30 225
pensions
-
-
-
26 471
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
58 288
Employee
37 315
-
102 180
-
other
36
-
94
-
income
7 194
-
27 376
-
pensions
1 754
-
4 397
-
unemployment
578
-
1 450
-
total
9 562
-
33 317
-
Employer
37 315
-
102 180
-
accident
739
-
1 852
-
other
299
-
749
-
unemployment
2 053
-
5 144
-
pensions
8 806
-
22 076
-
total
11 897
-
29 821
-
Corporate
82 788
132 000
-
-
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.

12 418
19 800
-
-
total
12 418
19 800
-
-
Dividends
70 370
112 200
-
-
withholding
14 547
23 661
-
-
total
14 547
23 661
-
-
Income
132 000
132 000
132 000
132 000
Total tax
48 424
43 461
63 138
58 288
After tax
83 576
88 539
68 862
73 712
Living cost
27 751
27 751
27 751
27 751
Free-cash
55 825
60 788
41 111
45 961

Estimated living cost  is ₽27751 per week

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

Source of data for Valencia model

Close
Istanbul , Turkey
₽79612
₽79158
₽81426
₽81228
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
132 000
income
-
-
-
44 351
pensions
-
-
-
2 010
health
-
-
-
1 457
total
-
-
-
47 818
Employee
4 198
-
129 738
-
health
210
-
503
-
income
812
-
44 245
-
pensions
378
-
905
-
unemployment
42
-
101
-
total
1 442
-
45 754
-
Employer
4 198
-
129 738
-
unemployment
84
-
201
-
pensions
462
-
1 106
-
health
399
-
955
-
total
945
-
2 262
-
Corporate
126 858
132 000
-
-
income
27 909
29 040
-
-
total
27 909
29 040
-
-
Dividends
98 949
102 960
-
-
withholding
19 790
20 592
-
-
total
19 790
20 592
-
-
Income
132 000
132 000
132 000
132 000
Total tax
50 086
49 632
48 016
47 818
After tax
81 914
82 368
83 984
84 182
Living cost
2 756
2 756
2 756
2 756
Free-cash
79 158
79 612
81 228
81 426

Estimated living cost  is ₽2756 per week

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

Source of data for Istanbul model

Close
Belgrade , Serbia
₽77917
₽72952
₽57570
₽57571
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
132 000
income
-
-
-
28 784
pensions
-
-
-
19 392
unemployment
-
-
-
1 119
health
-
-
-
7 682
total
-
-
-
56 977
Employee

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

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

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

26 319
-
118 649
-
health
1 355
-
3 841
-
income
3 628
-
28 784
-
pensions
3 685
-
10 442
-
unemployment
197
-
559
-
total
8 865
-
43 626
-
Employer

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

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

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

26 319
-
118 649
-
unemployment
197
-
559
-
pensions
3 158
-
8 950
-
health
1 355
-
3 841
-
total
4 710
-
13 350
-
Corporate
100 970
132 000
-
-
income
15 146
19 800
-
-
total
15 146
19 800
-
-
Dividends
85 825
112 200
-
-
withholding
12 874
16 830
-
-
total
12 874
16 830
-
-
Income
132 000
132 000
132 000
132 000
Total tax
41 595
36 630
56 976
56 977
After tax
90 405
95 370
75 024
75 023
Living cost
17 453
17 453
17 453
17 453
Free-cash
72 952
77 917
57 571
57 570

Estimated living cost  is ₽17453 per week

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

Source of data for Belgrade model

Close
Porto , Portugal
₽47876
₽47511
₽45024
₽36415
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
132 000
income
-
-
-
13 898
surtax
-
-
-
-
social contributions

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

-
-
-
45 871
total
-
-
-
59 769
Employee
39 169
-
106 667
-
social contributions
4 309
-
11 734
-
surtax
-
-
-
-
income
7 653
-
31 311
-
total
11 962
-
43 045
-
Employer
39 169
-
106 667
-
social contributions
9 302
-
25 333
-
total
9 302
-
25 333
-
Corporate
83 530
132 000
-
-
surtax
-
-
-
-
income
17 541
27 719
-
-
total
17 541
27 719
-
-
Dividends
65 989
104 281
-
-
withholding
18 477
29 198
-
-
total
18 477
29 198
-
-
Income
132 000
132 000
132 000
132 000
Total tax
57 282
56 917
68 378
59 769
After tax
74 718
75 083
63 622
72 231
Living cost
27 207
27 207
27 207
27 207
Free-cash
47 511
47 876
36 415
45 024

Estimated living cost  is ₽27207 per week

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

Source of data for Porto model

Close
Madrid , Spain
₽53072
₽45705
₽38245
₽33395
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
132 000
accident
-
-
-
843
income
-
-
-
30 225
pensions
-
-
-
26 471
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
58 288
Employee
48 739
-
102 180
-
other
48
-
94
-
income
10 180
-
27 376
-
pensions
2 290
-
4 397
-
unemployment
755
-
1 450
-
total
13 273
-
33 317
-
Employer
48 739
-
102 180
-
accident
965
-
1 852
-
other
391
-
749
-
unemployment
2 681
-
5 144
-
pensions
11 502
-
22 076
-
total
15 539
-
29 821
-
Corporate
67 722
132 000
-
-
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.

10 158
19 800
-
-
total
10 158
19 800
-
-
Dividends
57 564
112 200
-
-
withholding
11 858
23 661
-
-
total
11 858
23 661
-
-
Income
132 000
132 000
132 000
132 000
Total tax
50 828
43 461
63 138
58 288
After tax
81 172
88 539
68 862
73 712
Living cost
35 467
35 467
35 467
35 467
Free-cash
45 705
53 072
33 395
38 245

Estimated living cost  is ₽35467 per week

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

Source of data for Madrid model

Close
Sofia , Bulgaria
₽95489
₽89336
₽85412
₽90093
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
132 000
income
-
-
-
19 800
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
29 217
Employee
23 001
-
125 080
-
health
1 058
-
1 622
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
income
2 300
-
12 508
-
pensions

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

2 019
-
3 097
-
total
5 630
-
17 615
-
Employer
23 001
-
125 080
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
unemployment
138
-
212
-
pensions

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

2 535
-
3 887
-
health
1 587
-
2 434
-
total
4 513
-
6 921
-
Corporate
104 486
132 000
-
-
income
10 448
13 200
-
-
total
10 448
13 200
-
-
Dividends
94 038
118 800
-
-
withholding
4 702
5 940
-
-
total
4 702
5 940
-
-
Income
132 000
132 000
132 000
132 000
Total tax
25 293
19 140
24 536
29 217
After tax
106 707
112 860
107 464
102 783
Living cost
17 371
17 371
17 371
17 371
Free-cash
89 336
95 489
90 093
85 412

Estimated living cost  is ₽17371 per week

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

Source of data for Sofia model

Close
Berlin , Germany
₽29046
₽42250
₽36242
₽48451
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
132 000
trade
-
-
-
12 209
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.

-
-
-
35 728
health

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

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

-
-
-
6 894
surtax

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

-
-
-
1 965
total
-
-
-
56 796
Employee

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

50 213
-
132 000
-
health

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

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

6 894
-
6 894
-
surtax

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

228
-
1 965
-
income

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

4 129
-
35 728
-
total
11 251
-
44 587
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
81 787
132 000
-
-
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.

674
1 090
-
-
income
12 268
19 800
-
-
trade
11 736
18 942
-
-
chamber of commerce
274
347
-
-
total
24 952
40 179
-
-
Dividends
56 835
91 821
-
-
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.

760
1 241
-
-
withholding
13 825
22 572
-
-
total
14 585
23 813
-
-
Income
132 000
132 000
132 000
132 000
Total tax
50 788
63 992
44 587
56 796
After tax
81 212
68 008
87 413
75 204
Living cost
38 962
38 962
38 962
38 962
Free-cash
42 250
29 046
48 451
36 242

Estimated living cost  is ₽38962 per week

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

Additional information

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

Source of data for Berlin model

Close
Dublin , Ireland
₽34912
₽37141
₽25999
₽25999
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
132 000
income
-
-
-
36 119
social contributions
-
-
-
12 395
total
-
-
-
48 514
Employee
78 941
-
132 000
-
income
14 896
-
36 119
-
social contributions
6 558
-
12 395
-
total
21 454
-
48 514
-
Employer
78 941
-
132 000
-
total
-
-
-
-
Corporate
53 059
132 000
-
-
income
6 632
16 501
-
-
total
6 632
16 501
-
-
Dividends
46 427
115 499
-
-
withholding
9 286
23 100
-
-
total
9 286
23 100
-
-
Income
132 000
132 000
132 000
132 000
Total tax
37 372
39 601
48 514
48 514
After tax
94 628
92 399
83 486
83 486
Living cost
57 487
57 487
57 487
57 487
Free-cash
37 141
34 912
25 999
25 999

Estimated living cost  is ₽57487 per week

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

Additional information

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

Source of data for Dublin model

Close
Sliema , Malta
₽43834
₽47363
₽59898
₽60013
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
132 000
income
-
-
-
28 727
health

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

-
-
-
6 741
total
-
-
-
35 468
Employee
46 295
-
127 358
-
income
5 023
-
26 069
-
social contributions
4 638
-
4 642
-
total
9 661
-
30 711
-
Employer
46 295
-
127 358
-
social contributions
4 638
-
4 642
-
total
4 638
-
4 642
-
Corporate
81 066
132 000
-
-
income
28 372
46 200
-
-
total
28 372
46 200
-
-
Dividends
52 694
85 800
-
-
social contributions
5 332
5 332
-
-
total
5 332
5 332
-
-
Income
132 000
132 000
132 000
132 000
Total tax
48 003
51 532
35 353
35 468
After tax
83 997
80 468
96 647
96 532
Living cost
36 634
36 634
36 634
36 634
Free-cash
47 363
43 834
60 013
59 898

Estimated living cost  is ₽36634 per week

₽24130
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2888
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9053
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sliema model

Close
Edinburgh , United Kingdom
₽53792
₽55572
₽53402
₽41198
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
132 000
income
-
-
-
32 800
pensions
-
-
-
8 183
total
-
-
-
40 983
Employee
51 632
-
115 739
-
health
674
-
1 858
-
income
9 403
-
24 664
-
pensions
3 941
-
10 404
-
total
14 018
-
36 926
-
Employer
51 632
-
115 739
-
pensions
5 216
-
14 062
-
health
981
-
2 199
-
total
6 197
-
16 261
-
Corporate
74 170
132 000
-
-
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.

14 093
25 081
-
-
total
14 093
25 081
-
-
Dividends
60 078
106 919
-
-
withholding
4 505
15 512
-
-
total
4 505
15 512
-
-
Income
132 000
132 000
132 000
132 000
Total tax
38 813
40 593
53 187
40 983
After tax
93 187
91 407
78 813
91 017
Living cost
37 615
37 615
37 615
37 615
Free-cash
55 572
53 792
41 198
53 402

Estimated living cost  is ₽37615 per week

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

Additional information

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

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

Source of data for Edinburgh model

Close
Warsaw , Poland
-₽13208
₽7026
₽66498
₽46228
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
132 000
accident
-
-
-
253
income
-
-
-
34 615
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
41 602
Employee
37 595
-
116 161
-
health
4 304
-
13 301
-
income
5 158
-
25 078
-
pensions
4 233
-
7 654
-
total
13 695
-
46 033
-
Employer
37 595
-
116 161
-
accident
628
-
1 940
-
unemployment
921
-
2 846
-
pensions
6 113
-
11 053
-
total
7 662
-
15 839
-
Corporate
86 744
132 000
-
-
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.

78 069
118 800
-
-
total
78 069
118 800
-
-
Dividends
8 674
13 200
-
-
withholding
1 648
2 508
-
-
total
1 648
2 508
-
-
Income
132 000
132 000
132 000
132 000
Total tax
101 074
121 308
61 872
41 602
After tax
30 926
10 692
70 128
90 398
Living cost
23 900
23 900
23 900
23 900
Free-cash
7 026
-13 208
46 228
66 498

Estimated living cost  is ₽23900 per week

₽17540
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1393
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4486
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Warsaw model

Close
Skopje , Macedonia
₽97447
₽92725
₽60998
₽75108
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
132 000
work injury
-
-
-
660
health insurance
-
-
-
9 768
income
-
-
-
21 071
pensions
-
-
-
24 288
unemployment
-
-
-
1 584
total
-
-
-
57 371
Employee

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

21 810
-
132 000
-
work injury
109
-
403
-
income
2 181
-
21 071
-
pensions
4 013
-
14 848
-
health insurance
1 614
-
5 971
-
unemployment
262
-
968
-
total
8 179
-
43 261
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
110 190
132 000
-
-
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%.

1 102
1 320
-
-
total
1 102
1 320
-
-
Dividends
109 088
130 680
-
-
withholding
16 363
19 602
-
-
total
16 363
19 602
-
-
Income
132 000
132 000
132 000
132 000
Total tax
25 644
20 922
43 261
57 371
After tax
106 356
111 078
88 739
74 629
Living cost
13 631
13 631
13 631
13 631
Free-cash
92 725
97 447
75 108
60 998

Estimated living cost  is ₽13631 per week

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

Source of data for Skopje model

Close
Rome , Italy
₽29326
₽24734
₽23829
₽17792
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
132 000
municipal
-
-
-
883
regional
-
-
-
2 923
national
-
-
-
30 211
social contributions
-
-
-
33 951
total
-
-
-
67 968
Employee
85 040
-
132 000
-
social contributions
28 675
-
44 511
-
regional
1 284
-
2 508
-
municipal
508
-
787
-
national
14 371
-
26 199
-
total
44 838
-
74 005
-
Employer
85 040
-
132 000
-
total
-
-
-
-
Corporate
46 960
132 000
-
-
nationa
11 270
31 680
-
-
municipal
2 264
6 362
-
-
total
13 534
38 042
-
-
Dividends
33 426
93 958
-
-
withholding
8 691
24 429
-
-
total
8 691
24 429
-
-
Income
132 000
132 000
132 000
132 000
Total tax
67 063
62 471
74 005
67 968
After tax
64 937
69 529
57 995
64 032
Living cost
40 203
40 203
40 203
40 203
Free-cash
24 734
29 326
17 792
23 829

Estimated living cost  is ₽40203 per week

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

Source of data for Rome model

Close
[[ place.name ]], [[ place.country ]]

[[ row[2] ]] [[ row[0] ]]

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

[[ $tc('message.data_source', {city: place.name}) ]] [[ place.name ]]

Close

[[ row[2] ]] [[ row[0] ]]

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

[[ $tc('message.data_source', {city: place.name}) ]] [[ place.name ]]

Close