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
₽ 133000
per

Your estimated
City
free-cash

Dresden , Germany
₽36690
₽57457
₽43874
₽47813
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
133 000
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.

-
-
-
36 216
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.

-
-
-
1 993
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.

-
-
-
6 871
trade
-
-
-
13 583
total
-
-
-
58 663
Employee

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

38 468
-
133 000
-
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.

59
-
1 993
-
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.

1 075
-
36 216
-
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.

6 871
-
6 871
-
total
8 005
-
45 080
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
94 532
133 000
-
-
income
14 179
19 951
-
-
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.

781
1 097
-
-
chamber of commerce
288
344
-
-
trade
14 889
20 947
-
-
total
30 137
42 339
-
-
Dividends
64 395
90 662
-
-
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.

865
1 225
-
-
withholding
15 717
22 283
-
-
total
16 582
23 508
-
-
Income
133 000
133 000
133 000
133 000
Total tax
54 724
65 847
45 080
58 663
After tax
78 276
67 153
87 920
74 337
Living cost
30 463
30 463
30 463
30 463
Free-cash
47 813
36 690
57 457
43 874

Estimated living cost  is ₽30463 per week

₽19162
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3552
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7180
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29581
₽27046
₽26001
₽28692
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
133 000
social contributions
-
-
-
1 430
municipal
-
-
-
14 198
national
-
-
-
22 000
pensions
-
-
-
15 960
total
-
-
-
53 588
Employee
82 797
-
114 977
-
municipal
10 227
-
14 712
-
pensions
3 312
-
4 599
-
national
15 847
-
22 798
-
total
29 386
-
42 109
-
Employer
82 797
-
114 977
-
pensions
6 624
-
9 198
-
social contributions
890
-
1 236
-
total
7 514
-
10 434
-
Corporate
37 225
133 000
-
-
income

Corporate income tax will depend on a type of legal entity. For LLC and Limited Partnership it is set at 20%. All other entities pay 37.6%.

7 445
26 600
-
-
total
7 445
26 600
-
-
Dividends
29 780
106 400
-
-
withholding
6 552
23 408
-
-
total
6 552
23 408
-
-
Income
133 000
133 000
133 000
133 000
Total tax
50 897
50 008
52 543
53 588
After tax
82 103
82 992
80 457
79 412
Living cost
53 411
53 411
53 411
53 411
Free-cash
28 692
29 581
27 046
26 001

Estimated living cost  is ₽53411 per week

₽36303
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4965
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽799
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11344
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85476
₽53674
₽19043
₽77226
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
133 000
income
-
-
-
20 582
surtax
-
-
-
33 916
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.

-
-
-
38 535
microenterprise
-
-
-
-
total
-
-
-
93 033
Employee
29 388
-
107 181
-
surtax
-
-
-
-
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.

3 233
-
11 789
-
income
5 231
-
20 794
-
total
8 464
-
32 583
-
Employer
29 388
-
107 181
-
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.

7 079
-
25 819
-
surtax
-
-
-
-
total
7 079
-
25 819
-
Corporate
96 533
133 000
-
-
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%.

19 307
26 600
-
-
total
19 307
26 600
-
-
Dividends

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

77 225
106 400
-
-
total
-
-
-
-
Income
133 000
133 000
133 000
133 000
Total tax
34 850
26 600
58 402
93 033
After tax
98 150
106 400
74 598
39 967
Living cost
20 924
20 924
20 924
20 924
Free-cash
77 226
85 476
53 674
19 043

Estimated living cost  is ₽20924 per week

₽13349
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1993
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.
₽5107
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23055
₽33933
₽34368
₽16894
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
133 000
income
-
-
-
32 314
health
-
-
-
12 402
pensions
-
-
-
11 784
total
-
-
-
56 500
Employee
85 887
85 887
114 309
-
pensions
15 460
11 784
11 784
-
income

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

14 058
14 058
14 058
-
health
13 183
11 213
12 402
-
total
42 701
37 055
38 244
-
Employer
85 887
85 887
114 309
-
health
5 970
5 970
7 419
-
pensions
5 978
5 978
7 430
-
unemployment
3 092
3 092
3 842
-
total
15 040
15 040
18 691
-
Corporate
33 127
32 073
-
-
income
6 625
6 415
-
-
total
6 625
6 415
-
-
Dividends
26 502
25 659
-
-
income
5 632
5 453
-
-
withholding
3 976
3 850
-
-
total
9 608
9 303
-
-
Income
133 000
133 000
133 000
133 000
Total tax
73 974
67 813
56 935
56 500
After tax
59 026
65 187
76 065
76 500
Living cost
42 132
42 132
42 132
42 132
Free-cash
16 894
23 055
33 933
34 368

Estimated living cost  is ₽42132 per week

₽29858
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3798
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽670
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7806
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31412
₽28349
₽29459
₽30487
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
133 000
accident
-
-
-
181
other
-
-
-
10 494
unemployment
-
-
-
90
health
-
-
-
5 635
municipal
-
-
-
31 859
national
-
-
-
4 314
pensions
-
-
-
9 762
total
-
-
-
62 335
Employee
58 715
-
104 625
-
municipal
17 509
-
31 199
-
national
-
-
3 871
-
total
17 509
-
35 070
-
Employer
58 715
-
104 625
-
health
3 611
-
5 554
-
pensions
6 347
-
9 762
-
accident
117
-
181
-
unemployment
1 550
-
2 384
-
other
6 823
-
10 494
-
total
18 448
-
28 375
-
Corporate
55 837
133 000
-
-
income
12 284
29 260
-
-
total
12 284
29 260
-
-
Dividends
43 553
103 740
-
-
withholding
13 066
31 122
-
-
total
13 066
31 122
-
-
Income
133 000
133 000
133 000
133 000
Total tax
61 307
60 382
63 445
62 335
After tax
71 693
72 618
69 555
70 665
Living cost
41 206
41 206
41 206
41 206
Free-cash
30 487
31 412
28 349
29 459

Estimated living cost  is ₽41206 per week

₽27310
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4043
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽626
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9227
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26960
₽48410
₽34223
₽41091
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
133 000
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.

-
-
-
36 216
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.

-
-
-
1 993
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.

-
-
-
6 871
trade
-
-
-
14 187
total
-
-
-
59 267
Employee

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

51 004
-
133 000
-
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.

240
-
1 993
-
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.

4 382
-
36 216
-
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.

6 871
-
6 871
-
total
11 493
-
45 080
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
81 996
133 000
-
-
income
12 299
19 951
-
-
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.

676
1 097
-
-
chamber of commerce
269
342
-
-
trade
13 488
21 878
-
-
total
26 732
43 268
-
-
Dividends
55 265
89 732
-
-
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.

739
1 212
-
-
withholding
13 435
22 050
-
-
total
14 174
23 262
-
-
Income
133 000
133 000
133 000
133 000
Total tax
52 399
66 530
45 080
59 267
After tax
80 601
66 470
87 920
73 733
Living cost
39 510
39 510
39 510
39 510
Free-cash
41 091
26 960
48 410
34 223

Estimated living cost  is ₽39510 per week

₽26424
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4166
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.
₽8329
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64549
₽59049
₽60435
₽60377
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
133 000
income
-
-
-
20 279
social contributions
-
-
-
16 273
health
-
-
-
3 392
total
-
-
-
39 944
Employee
77 337
77 337
122 085
-
social contributions
3 758
6 419
8 657
-
income
8 121
7 159
19 683
-
health
769
1 315
2 075
-
total
12 648
14 893
30 415
-
Employer
77 337
77 337
122 085
-
health
838
1 431
2 258
-
social contributions
3 758
6 419
8 657
-
total
4 596
7 850
10 915
-
Corporate
83 134
47 813
-
-
income
10 392
5 976
-
-
total
10 392
5 976
-
-
Dividends
72 742
41 837
-
-
withholding
12 366
7 111
-
-
total
12 366
7 111
-
-
Income
133 000
133 000
133 000
133 000
Total tax
40 002
35 830
41 330
39 944
After tax
92 998
97 170
91 670
93 056
Living cost
32 621
32 621
32 621
32 621
Free-cash
60 377
64 549
59 049
60 435

Estimated living cost  is ₽32621 per week

₽22300
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2548
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7226
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56354
₽58646
₽73681
₽56738
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
133 000
income
-
-
-
16 259
unemployment
-
-
-
1 995
health
-
-
-
9 310
pensions
-
-
-
13 300
total
-
-
-
40 864
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.

26 641
10 603
111 297
-
unemployment
400
159
1 669
-
pensions
2 664
1 060
11 130
-
income
3 257
1 296
13 606
-
health
1 865
742
7 791
-
total
8 186
3 257
34 196
-
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.

26 641
10 603
111 297
-
pensions
5 195
2 068
21 703
-
total
5 195
2 068
21 703
-
Corporate
101 164
120 330
-
-
income
9 105
10 830
-
-
total
9 105
10 830
-
-
Dividends
92 060
109 500
-
-
social contributions
17 830
21 231
-
-
withholding
17 491
20 805
-
-
total
35 321
42 036
-
-
Income
133 000
133 000
133 000
133 000
Total tax
57 807
58 191
55 899
40 864
After tax
75 193
74 809
77 101
92 136
Living cost
18 455
18 455
18 455
18 455
Free-cash
56 738
56 354
58 646
73 681

Estimated living cost  is ₽18455 per week

₽12594
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1510
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽369
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3982
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82108
₽52368
₽46996
₽75859
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
133 000
income
-
-
-
17 822
health
-
-
-
17 290
pensions
-
-
-
26 600
total
-
-
-
61 712
Employee
28 531
-
99 401
-
unemployment
456
-
1 590
-
pensions
571
-
1 989
-
income
3 212
-
19 164
-
total
4 239
-
22 743
-
Employer
28 531
-
99 401
-
health
3 708
-
12 921
-
pensions
5 707
-
19 880
-
unemployment
229
-
796
-
total
9 644
-
33 597
-
Corporate
94 824
133 000
-
-
income
18 966
26 600
-
-
total
18 966
26 600
-
-
Dividends
75 859
106 400
-
-
total
-
-
-
-
Income
133 000
133 000
133 000
133 000
Total tax
32 849
26 600
56 340
61 712
After tax
100 151
106 400
76 660
71 288
Living cost
24 292
24 292
24 292
24 292
Free-cash
75 859
82 108
52 368
46 996

Estimated living cost  is ₽24292 per week

₽16662
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1447
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5695
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽11627
₽48215
₽68687
₽7337
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
133 000
accident
-
-
-
257
income
-
-
-
34 822
other
-
-
-
377
health
-
-
-
2 221
pensions
-
-
-
4 236
total
-
-
-
41 913
Employee
35 237
-
116 964
-
pensions
3 968
-
7 768
-
income
4 834
-
25 188
-
health
4 035
-
13 392
-
total
12 837
-
46 348
-
Employer
35 237
-
116 964
-
pensions
5 730
-
11 218
-
accident
588
-
1 953
-
unemployment
863
-
2 866
-
total
7 181
-
16 037
-
Corporate
90 582
133 000
-
-
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.

81 524
119 700
-
-
total
81 524
119 700
-
-
Dividends
9 058
13 300
-
-
withholding
1 721
2 527
-
-
total
1 721
2 527
-
-
Income
133 000
133 000
133 000
133 000
Total tax
103 263
122 227
62 385
41 913
After tax
29 737
10 773
70 615
91 087
Living cost
22 400
22 400
22 400
22 400
Free-cash
7 337
-11 627
48 215
68 687

Estimated living cost  is ₽22400 per week

₽16417
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1241
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4275
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽118210
₽98260
₽123530
₽116684
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
133 000
microenterprise

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

-
-
-
1 330
total
-
-
-
1 330
Employee
10 174
-
133 000
-
income
2 035
-
26 600
-
total
2 035
-
26 600
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

122 826
133 000
-
-
total
-
-
-
-
Dividends
122 826
133 000
-
-
withholding
6 141
6 650
-
-
total
6 141
6 650
-
-
Income
133 000
133 000
133 000
133 000
Total tax
8 176
6 650
26 600
1 330
After tax
124 824
126 350
106 400
131 670
Living cost
8 140
8 140
8 140
8 140
Free-cash
116 684
118 210
98 260
123 530

Estimated living cost  is ₽8140 per week

₽5044
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽677
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽224
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2195
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70915
₽49639
₽44142
₽64121
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
133 000
income
-
-
-
17 971
other
-
-
-
6 317
health
-
-
-
5 852
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.

-
-
-
31 919
total
-
-
-
62 059
Employee
36 518
-
106 230
-
unemployment
365
-
1 063
-
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.

2 556
-
7 436
-
income
6 287
-
19 806
-
health
512
-
1 487
-
total
9 720
-
29 792
-
Employer
36 518
-
106 230
-
health
512
-
1 487
-
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.

6 209
-
18 059
-
accident
292
-
849
-
unemployment
365
-
1 063
-
other
1 827
-
5 312
-
total
9 205
-
26 770
-
Corporate
87 279
133 000
-
-
income
18 328
27 930
-
-
total
18 328
27 930
-
-
Dividends
68 951
105 070
-
-
withholding
4 827
7 356
-
-
total
4 827
7 356
-
-
Income
133 000
133 000
133 000
133 000
Total tax
42 080
35 286
56 562
62 059
After tax
90 920
97 714
76 438
70 941
Living cost
26 799
26 799
26 799
26 799
Free-cash
64 121
70 915
49 639
44 142

Estimated living cost  is ₽26799 per week

₽18935
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1809
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽431
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5623
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24847
₽12296
₽24573
₽19059
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
133 000
income
-
-
-
33 434
pensions
-
-
-
8 134
total
-
-
-
41 568
Employee
94 595
-
116 582
-
pensions
9 126
-
10 317
-
income
17 052
-
25 251
-
health
1 559
-
1 859
-
total
27 737
-
37 427
-
Employer
94 595
-
116 582
-
health
1 797
-
2 215
-
pensions
11 169
-
14 203
-
total
12 966
-
16 418
-
Corporate
25 439
133 000
-
-
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.

4 833
25 271
-
-
total
4 833
25 271
-
-
Dividends
20 606
107 729
-
-
withholding
1 546
16 023
-
-
total
1 546
16 023
-
-
Income
133 000
133 000
133 000
133 000
Total tax
47 082
41 294
53 845
41 568
After tax
85 918
91 706
79 155
91 432
Living cost
66 859
66 859
66 859
66 859
Free-cash
19 059
24 847
12 296
24 573

Estimated living cost  is ₽66859 per week

₽50099
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7856
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽544
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8362
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽100510
₽95189
₽90452
₽95831
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
133 000
income
-
-
-
19 950
unemployment
-
-
-
141
health
-
-
-
4 046
pensions

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

-
-
-
5 206
total
-
-
-
29 343
Employee
17 485
-
126 098
-
accident

We are using the highest rate at 1.1%.

193
-
387
-
pensions

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

1 535
-
3 089
-
income
1 748
-
12 610
-
health
804
-
1 618
-
total
4 280
-
17 704
-
Employer
17 485
-
126 098
-
health
1 207
-
2 427
-
pensions

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

1 927
-
3 877
-
accident

We are using the highest rate at 1.1%.

193
-
387
-
unemployment
105
-
211
-
total
3 432
-
6 902
-
Corporate
112 084
133 000
-
-
income
11 208
13 300
-
-
total
11 208
13 300
-
-
Dividends
100 876
119 700
-
-
withholding
5 044
5 985
-
-
total
5 044
5 985
-
-
Income
133 000
133 000
133 000
133 000
Total tax
23 964
19 285
24 606
29 343
After tax
109 036
113 715
108 394
103 657
Living cost
13 205
13 205
13 205
13 205
Free-cash
95 831
100 510
95 189
90 452

Estimated living cost  is ₽13205 per week

₽7709
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽943
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽350
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4203
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9417
₽20295
₽20730
₽11949
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
133 000
income
-
-
-
32 314
health
-
-
-
12 402
pensions
-
-
-
11 784
total
-
-
-
56 500
Employee
93 245
85 887
114 309
-
pensions
11 784
11 784
11 784
-
income

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

14 058
14 058
14 058
-
health
11 633
11 213
12 402
-
total
37 475
37 055
38 244
-
Employer
93 245
85 887
114 309
-
health
6 480
5 970
7 419
-
pensions
6 489
5 978
7 430
-
unemployment
3 357
3 092
3 842
-
total
16 326
15 040
18 691
-
Corporate
23 428
32 073
-
-
income
4 686
6 415
-
-
total
4 686
6 415
-
-
Dividends
18 743
25 659
-
-
income
3 983
5 453
-
-
withholding
2 811
3 850
-
-
total
6 794
9 303
-
-
Income
133 000
133 000
133 000
133 000
Total tax
65 281
67 813
56 935
56 500
After tax
67 719
65 187
76 065
76 500
Living cost
55 770
55 770
55 770
55 770
Free-cash
11 949
9 417
20 295
20 730

Estimated living cost  is ₽55770 per week

₽41140
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4981
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽639
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9010
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Amsterdam model

Close
Brno , Czech Republic
₽66578
₽42501
₽42226
₽57660
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
133 000
income
-
-
-
11 862
social contributions
-
-
-
35 964
solidarity contribution
-
-
-
-
health
-
-
-
17 955
total
-
-
-
65 781
Employee
36 754
-
99 254
-
solidarity contribution
-
-
-
-
social contributions
2 389
-
6 451
-
income
4 411
-
11 910
-
health
4 962
-
13 399
-
total
11 762
-
31 760
-
Employer
36 754
-
99 254
-
health
3 308
-
8 933
-
social contributions
9 189
-
24 813
-
total
12 497
-
33 746
-
Corporate
83 749
133 000
-
-
income
15 912
25 270
-
-
total
15 912
25 270
-
-
Dividends
67 837
107 730
-
-
withholding
10 176
16 159
-
-
total
10 176
16 159
-
-
Income
133 000
133 000
133 000
133 000
Total tax
50 347
41 429
65 506
65 781
After tax
82 653
91 571
67 494
67 219
Living cost
24 993
24 993
24 993
24 993
Free-cash
57 660
66 578
42 501
42 226

Estimated living cost  is ₽24993 per week

₽17360
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1778
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.
₽5363
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28522
₽17193
₽23521
₽23270
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
133 000
social contributions
-
-
-
34 208
regional
-
-
-
1 525
municipal
-
-
-
790
national
-
-
-
30 517
total
-
-
-
67 040
Employee
89 385
-
133 000
-
municipal
473
-
704
-
national
15 488
-
26 474
-
regional
843
-
1 342
-
social contributions
30 141
-
44 848
-
total
46 945
-
73 368
-
Employer
89 385
-
133 000
-
total
-
-
-
-
Corporate
43 615
133 000
-
-
municipal
1 701
5 188
-
-
nationa
10 469
31 919
-
-
total
12 170
37 107
-
-
Dividends
31 446
95 893
-
-
withholding
8 176
24 932
-
-
total
8 176
24 932
-
-
Income
133 000
133 000
133 000
133 000
Total tax
67 291
62 039
73 368
67 040
After tax
65 709
70 961
59 632
65 960
Living cost
42 439
42 439
42 439
42 439
Free-cash
23 270
28 522
17 193
23 521

Estimated living cost  is ₽42439 per week

₽29583
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2783
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽651
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9421
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61464
₽38869
₽41070
₽58333
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
133 000
income
-
-
-
29 404
other
-
-
-
-
surtax
-
-
-
4 060
unemployment
-
-
-
229
health
-
-
-
9 444
pensions
-
-
-
26 600
total
-
-
-
69 737
Employee
33 259
-
109 872
-
other
-
-
-
-
unemployment
2 315
-
7 648
-
pensions
2 218
-
7 329
-
surtax
109
-
3 712
-
income
5 575
-
27 318
-
health
849
-
2 802
-
total
11 066
-
48 809
-
Employer
33 259
-
109 872
-
health
1 514
-
4 999
-
pensions
4 434
-
14 647
-
unemployment
1 054
-
3 483
-
other
-
-
-
-
total
7 002
-
23 129
-
Corporate
92 740
133 000
-
-
income
24 113
34 580
-
-
total
24 113
34 580
-
-
Dividends
68 627
98 420
-
-
withholding
10 293
14 763
-
-
total
10 293
14 763
-
-
Income
133 000
133 000
133 000
133 000
Total tax
52 474
49 343
71 938
69 737
After tax
80 526
83 657
61 062
63 263
Living cost
22 193
22 193
22 193
22 193
Free-cash
58 333
61 464
38 869
41 070

Estimated living cost  is ₽22193 per week

₽13570
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2048
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6064
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46030
₽33479
₽45756
₽46107
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
133 000
income
-
-
-
33 434
pensions
-
-
-
8 134
total
-
-
-
41 568
Employee
63 395
-
116 582
-
pensions
5 381
-
10 317
-
income
11 418
-
25 251
-
health
920
-
1 859
-
total
17 719
-
37 427
-
Employer
63 395
-
116 582
-
health
1 204
-
2 215
-
pensions
6 863
-
14 203
-
total
8 067
-
16 418
-
Corporate
61 538
133 000
-
-
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.

11 693
25 271
-
-
total
11 693
25 271
-
-
Dividends
49 845
107 729
-
-
withholding
3 738
16 023
-
-
total
3 738
16 023
-
-
Income
133 000
133 000
133 000
133 000
Total tax
41 217
41 294
53 845
41 568
After tax
91 783
91 706
79 155
91 432
Living cost
45 676
45 676
45 676
45 676
Free-cash
46 107
46 030
33 479
45 756

Estimated living cost  is ₽45676 per week

₽34220
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3424
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7554
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽18928
₽23390
₽29944
₽15193
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
133 000
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.

-
-
-
2 661
regional
-
-
-
5 380
health
-
-
-
299
city
-
-
-
1 401
national
-
-
-
1 334
pensions
-
-
-
12 236
total
-
-
-
23 311
Employee
93 322
-
119 044
-
unemployment
-
-
-
-
pensions
7 840
-
9 999
-
national
442
-
1 044
-
regional
3 056
-
4 629
-
city
1 002
-
1 278
-
health
211
-
268
-
total
12 551
-
17 218
-
Employer
93 322
-
119 044
-
health
211
-
268
-
pensions
7 840
-
9 999
-
unemployment
-
-
-
-
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.

1 866
-
2 380
-
total
9 917
-
12 647
-
Corporate
28 735
133 000
-
-
regional
6 077
28 129
-
-
national
2 443
11 306
-
-
total
8 520
39 435
-
-
Dividends
20 214
93 565
-
-
withholding
7 074
32 748
-
-
total
7 074
32 748
-
-
Income
133 000
133 000
133 000
133 000
Total tax
38 062
72 183
29 865
23 311
After tax
94 938
60 817
103 135
109 689
Living cost
79 745
79 745
79 745
79 745
Free-cash
15 193
-18 928
23 390
29 944

Estimated living cost  is ₽79745 per week

₽51857
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7156
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽979
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19752
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽19708
₽41846
₽27056
₽36020
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
133 000
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.

-
-
-
36 216
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.

-
-
-
1 993
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.

-
-
-
6 871
trade
-
-
-
14 790
total
-
-
-
59 870
Employee

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

60 444
-
133 000
-
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.

391
-
1 993
-
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.

7 108
-
36 216
-
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.

6 871
-
6 871
-
total
14 370
-
45 080
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
72 556
133 000
-
-
income
10 883
19 951
-
-
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.

599
1 097
-
-
chamber of commerce
256
340
-
-
trade
12 444
22 810
-
-
total
24 182
44 198
-
-
Dividends
48 374
88 803
-
-
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.

643
1 201
-
-
withholding
11 711
21 819
-
-
total
12 354
23 020
-
-
Income
133 000
133 000
133 000
133 000
Total tax
50 906
67 218
45 080
59 870
After tax
82 094
65 782
87 920
73 130
Living cost
46 074
46 074
46 074
46 074
Free-cash
36 020
19 708
41 846
27 056

Estimated living cost  is ₽46074 per week

₽33650
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3685
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽599
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8140
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32621
₽43631
₽41255
₽38563
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
133 000
income
-
-
-
17 253
other
-
-
-
4 123
surtax
-
-
-
-
social contributions
-
-
-
3 789
health
-
-
-
4 245
pensions
-
-
-
27 925
total
-
-
-
57 335
Employee
43 044
-
105 522
-
pensions
4 867
-
6 262
-
surtax
-
-
-
-
social contributions
1 227
-
3 008
-
income
2 540
-
18 213
-
total
8 634
-
27 483
-
Employer
43 044
-
105 522
-
health
3 014
-
8 493
-
pensions
7 071
-
10 735
-
unemployment
1 743
-
4 273
-
social contributions
130
-
317
-
other
1 485
-
3 658
-
total
13 443
-
27 476
-
Corporate
76 513
133 000
-
-
income
21 424
37 241
-
-
surtax
-
-
-
-
total
21 424
37 241
-
-
Dividends
55 089
95 759
-
-
surtax
-
-
-
-
social contributions
9 474
16 471
-
-
withholding
7 052
12 257
-
-
total
16 526
28 728
-
-
Income
133 000
133 000
133 000
133 000
Total tax
60 027
65 969
54 959
57 335
After tax
72 973
67 031
78 041
75 665
Living cost
34 410
34 410
34 410
34 410
Free-cash
38 563
32 621
43 631
41 255

Estimated living cost  is ₽34410 per week

₽21697
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2798
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽586
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9331
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36030
₽47040
₽44664
₽41617
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
133 000
income
-
-
-
17 253
other
-
-
-
4 123
surtax
-
-
-
-
social contributions
-
-
-
3 789
health
-
-
-
4 245
pensions
-
-
-
27 925
total
-
-
-
57 335
Employee
38 423
-
105 522
-
pensions
4 346
-
6 262
-
surtax
-
-
-
-
social contributions
1 096
-
3 008
-
income
1 981
-
18 213
-
total
7 423
-
27 483
-
Employer
38 423
-
105 522
-
health
2 689
-
8 493
-
pensions
6 314
-
10 735
-
unemployment
1 556
-
4 273
-
social contributions
115
-
317
-
other
1 326
-
3 658
-
total
12 000
-
27 476
-
Corporate
82 577
133 000
-
-
income
23 123
37 241
-
-
surtax
-
-
-
-
total
23 123
37 241
-
-
Dividends
59 455
95 759
-
-
surtax
-
-
-
-
social contributions
10 226
16 471
-
-
withholding
7 610
12 257
-
-
total
17 836
28 728
-
-
Income
133 000
133 000
133 000
133 000
Total tax
60 382
65 969
54 959
57 335
After tax
72 618
67 031
78 041
75 665
Living cost
31 001
31 001
31 001
31 001
Free-cash
41 617
36 030
47 040
44 664

Estimated living cost  is ₽31001 per week

₽17979
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3149
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.
₽9285
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59814
₽62642
₽64086
₽60337
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
133 000
income
-
-
-
19 951
social contributions
-
-
-
18 353
health
-
-
-
9 283
total
-
-
-
47 587
Employee
34 101
-
133 000
-
social contributions
4 707
-
18 353
-
income
5 688
-
21 395
-
health
2 380
-
9 283
-
total
12 775
-
49 031
-
Employer
34 101
-
133 000
-
total
-
-
-
-
Corporate
98 899
133 000
-
-
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%.

4 945
6 650
-
-
total
4 945
6 650
-
-
Dividends
93 954
126 350
-
-
social contributions
12 965
17 437
-
-
withholding
14 093
18 952
-
-
health
6 558
8 820
-
-
total
33 616
45 209
-
-
Income
133 000
133 000
133 000
133 000
Total tax
51 336
51 859
49 031
47 587
After tax
81 664
81 141
83 969
85 413
Living cost
21 327
21 327
21 327
21 327
Free-cash
60 337
59 814
62 642
64 086

Estimated living cost  is ₽21327 per week

₽14272
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1315
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5247
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38575
₽739
₽31596
₽37016
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
133 000
income
-
-
-
28 341
surtax
-
-
-
198
unemployment
-
-
-
6 169
chamber of commerce
-
-
-
532
health
-
-
-
8 988
pensions
-
-
-
21 737
total
-
-
-
65 965
Employee
50 263
40 080
103 125
-
other
502
401
1 031
-
unemployment
1 508
1 202
3 094
-
pensions
5 147
4 103
10 560
-
income
5 722
2 956
23 445
-
health
1 945
1 552
3 991
-
total
14 824
10 214
42 121
-
Employer
50 263
40 080
103 125
-
chamber of commerce
200
160
412
-
health
1 899
1 515
3 897
-
pensions
6 308
5 031
12 942
-
accident
653
521
1 340
-
unemployment
1 508
1 202
3 094
-
surtax
198
198
198
-
payroll
1 508
1 202
3 094
-
other
2 388
1 903
4 897
-
total
14 662
11 732
29 874
-
Corporate
68 075
81 185
99 308
-
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.

17 019
20 296
24 827
-
total
17 019
20 296
24 827
-
Dividends
51 057
60 889
-
-
withholding
14 040
16 744
-
-
total
14 040
16 744
-
-
Income
133 000
133 000
133 000
133 000
Total tax
60 545
58 986
96 822
65 965
After tax
72 455
74 014
36 178
67 035
Living cost
35 439
35 439
35 439
35 439
Free-cash
37 016
38 575
739
31 596

Estimated living cost  is ₽35439 per week

₽23636
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3023
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽582
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8197
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37803
₽12619
₽22479
₽22719
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
133 000
communal

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

-
-
-
6 718
social contributions
-
-
-
21 041
national
-
-
-
46 091
total
-
-
-
73 850
Employee

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

71 942
-
103 014
-
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.

626
-
897
-
communal

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

3 752
-
5 373
-
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.

5 396
-
7 726
-
national
22 118
-
34 885
-
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.

3 380
-
4 842
-
total
35 272
-
53 723
-
Employer

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

71 942
-
103 014
-
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.

4 424
-
6 335
-
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.

6 375
-
9 127
-
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.

935
-
1 340
-
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.

1 050
-
1 504
-
surtax
8 157
-
11 681
-
total
20 941
-
29 987
-
Corporate
40 117
133 000
-
-
income
8 024
26 600
-
-
surtax
160
532
-
-
total
8 184
27 132
-
-
Dividends
31 933
105 867
-
-
withholding

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

9 213
31 394
-
-
total
9 213
31 394
-
-
Income
133 000
133 000
133 000
133 000
Total tax
73 610
58 526
83 710
73 850
After tax
59 390
74 474
49 290
59 150
Living cost
36 671
36 671
36 671
36 671
Free-cash
22 719
37 803
12 619
22 479

Estimated living cost  is ₽36671 per week

₽23621
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3206
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9270
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52864
₽33220
₽38051
₽45204
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
133 000
accident
-
-
-
840
income
-
-
-
30 659
other
-
-
-
94
unemployment
-
-
-
653
pensions
-
-
-
26 381
total
-
-
-
58 627
Employee
50 064
-
103 281
-
other
50
-
94
-
unemployment
777
-
1 445
-
pensions
2 353
-
4 382
-
income
10 563
-
27 819
-
total
13 743
-
33 740
-
Employer
50 064
-
103 281
-
pensions
11 814
-
22 000
-
accident
991
-
1 846
-
unemployment
2 754
-
5 126
-
other
399
-
746
-
total
15 958
-
29 718
-
Corporate
66 979
133 000
-
-
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.

10 047
19 951
-
-
total
10 047
19 951
-
-
Dividends
56 932
113 049
-
-
withholding
11 726
23 863
-
-
total
11 726
23 863
-
-
Income
133 000
133 000
133 000
133 000
Total tax
51 474
43 814
63 458
58 627
After tax
81 526
89 186
69 542
74 373
Living cost
36 322
36 322
36 322
36 322
Free-cash
45 204
52 864
33 220
38 051

Estimated living cost  is ₽36322 per week

₽26747
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2577
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽523
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6474
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25289
₽21344
₽16046
₽15006
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
133 000
communal
-
-
-
8 405
accident
-
-
-
1 122
income
-
-
-
16 898
surtax
-
-
-
6 594
health
-
-
-
9 344
pensions
-
-
-
19 935
total
-
-
-
62 298
Employee
76 164
-
118 802
-
pensions
6 092
-
9 505
-
surtax
4 668
-
7 281
-
income
7 357
-
20 729
-
health
3 390
-
5 287
-
total
21 507
-
42 802
-
Employer
76 164
-
118 802
-
health
2 323
-
3 624
-
pensions
6 092
-
9 505
-
accident
685
-
1 069
-
total
9 100
-
14 198
-
Corporate
47 735
133 000
-
-
communal
3 222
8 978
-
-
income
7 161
19 951
-
-
surtax
502
1 397
-
-
total
10 885
30 326
-
-
Dividends
36 851
102 674
-
-
income
16 319
7 329
-
-
withholding
5 527
15 400
-
-
total
21 846
22 729
-
-
Income
133 000
133 000
133 000
133 000
Total tax
63 338
53 055
57 000
62 298
After tax
69 662
79 945
76 000
70 702
Living cost
54 656
54 656
54 656
54 656
Free-cash
15 006
25 289
21 344
16 046

Estimated living cost  is ₽54656 per week

₽41000
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3311
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽578
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9764
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61067
₽38472
₽40673
₽57868
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
133 000
income
-
-
-
29 404
other
-
-
-
-
surtax
-
-
-
4 060
unemployment
-
-
-
229
health
-
-
-
9 444
pensions
-
-
-
26 600
total
-
-
-
69 737
Employee
33 870
-
109 872
-
other
-
-
-
-
unemployment
2 357
-
7 648
-
pensions
2 260
-
7 329
-
surtax
120
-
3 712
-
income
5 678
-
27 318
-
health
865
-
2 802
-
total
11 280
-
48 809
-
Employer
33 870
-
109 872
-
health
1 540
-
4 999
-
pensions
4 516
-
14 647
-
unemployment
1 075
-
3 483
-
other
-
-
-
-
total
7 131
-
23 129
-
Corporate
91 999
133 000
-
-
income
23 920
34 580
-
-
total
23 920
34 580
-
-
Dividends
68 079
98 420
-
-
withholding
10 211
14 763
-
-
total
10 211
14 763
-
-
Income
133 000
133 000
133 000
133 000
Total tax
52 542
49 343
71 938
69 737
After tax
80 458
83 657
61 062
63 263
Living cost
22 590
22 590
22 590
22 590
Free-cash
57 868
61 067
38 472
40 673

Estimated living cost  is ₽22590 per week

₽13639
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1964
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.
₽6464
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42817
₽32092
₽38387
₽40580
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
133 000
social contributions
-
-
-
34 208
regional
-
-
-
2 005
municipal
-
-
-
790
national
-
-
-
30 517
total
-
-
-
67 520
Employee
55 790
-
133 000
-
municipal
296
-
704
-
national
8 839
-
26 474
-
regional
751
-
1 789
-
social contributions
18 813
-
44 848
-
total
28 699
-
73 815
-
Employer
55 790
-
133 000
-
total
-
-
-
-
Corporate
77 210
133 000
-
-
municipal
3 838
6 609
-
-
nationa
18 531
31 919
-
-
total
22 369
38 528
-
-
Dividends
54 841
94 471
-
-
withholding
14 259
24 562
-
-
total
14 259
24 562
-
-
Income
133 000
133 000
133 000
133 000
Total tax
65 327
63 090
73 815
67 520
After tax
67 673
69 910
59 185
65 480
Living cost
27 093
27 093
27 093
27 093
Free-cash
40 580
42 817
32 092
38 387

Estimated living cost  is ₽27093 per week

₽16849
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2745
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽464
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7035
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60773
₽36696
₽36421
₽49785
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
133 000
income
-
-
-
11 862
social contributions
-
-
-
35 964
solidarity contribution
-
-
-
-
health
-
-
-
17 955
total
-
-
-
65 781
Employee
45 291
-
99 254
-
solidarity contribution
-
-
-
-
social contributions
2 944
-
6 451
-
income
5 435
-
11 910
-
health
6 114
-
13 399
-
total
14 493
-
31 760
-
Employer
45 291
-
99 254
-
health
4 076
-
8 933
-
social contributions
11 323
-
24 813
-
total
15 399
-
33 746
-
Corporate
72 310
133 000
-
-
income
13 739
25 270
-
-
total
13 739
25 270
-
-
Dividends
58 571
107 730
-
-
withholding
8 786
16 159
-
-
total
8 786
16 159
-
-
Income
133 000
133 000
133 000
133 000
Total tax
52 417
41 429
65 506
65 781
After tax
80 583
91 571
67 494
67 219
Living cost
30 798
30 798
30 798
30 798
Free-cash
49 785
60 773
36 696
36 421

Estimated living cost  is ₽30798 per week

₽22903
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1706
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽533
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5656
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42033
₽4126
₽35146
₽41534
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
133 000
income
-
-
-
28 341
surtax
-
-
-
-
unemployment
-
-
-
6 169
chamber of commerce
-
-
-
532
health
-
-
-
8 988
pensions
-
-
-
21 737
total
-
-
-
65 767
Employee
43 964
40 080
103 279
-
other
439
401
1 033
-
unemployment
1 319
1 202
3 098
-
pensions
4 502
4 103
10 576
-
income
3 916
2 956
23 499
-
health
1 701
1 552
3 997
-
total
11 877
10 214
42 203
-
Employer
43 964
40 080
103 279
-
chamber of commerce
176
160
412
-
health
1 662
1 515
3 903
-
pensions
5 518
5 031
12 961
-
accident
571
521
1 342
-
unemployment
1 319
1 202
3 098
-
surtax
-
-
-
-
payroll
1 319
1 202
3 098
-
other
2 088
1 903
4 905
-
total
12 653
11 534
29 719
-
Corporate
76 384
81 384
99 464
-
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.

19 095
20 346
24 865
-
total
19 095
20 346
24 865
-
Dividends
57 288
61 038
-
-
withholding
15 754
16 786
-
-
total
15 754
16 786
-
-
Income
133 000
133 000
133 000
133 000
Total tax
59 379
58 880
96 787
65 767
After tax
73 621
74 120
36 213
67 233
Living cost
32 087
32 087
32 087
32 087
Free-cash
41 534
42 033
4 126
35 146

Estimated living cost  is ₽32087 per week

₽19248
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3277
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8989
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽113666
₽93716
₽118986
₽111288
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
133 000
microenterprise

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

-
-
-
1 330
total
-
-
-
1 330
Employee
15 855
-
133 000
-
income
3 171
-
26 600
-
total
3 171
-
26 600
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

117 145
133 000
-
-
total
-
-
-
-
Dividends
117 145
133 000
-
-
withholding
5 857
6 650
-
-
total
5 857
6 650
-
-
Income
133 000
133 000
133 000
133 000
Total tax
9 028
6 650
26 600
1 330
After tax
123 972
126 350
106 400
131 670
Living cost
12 684
12 684
12 684
12 684
Free-cash
111 288
113 666
93 716
118 986

Estimated living cost  is ₽12684 per week

₽8583
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽532
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.
₽3142
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64594
₽36605
₽40222
₽56181
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
133 000
income
-
-
-
28 226
unemployment
-
-
-
200
health
-
-
-
13 087
pensions
-
-
-
24 289
total
-
-
-
65 802
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.

44 474
-
115 082
-
unemployment
63
-
160
-
pensions
6 894
-
17 838
-
income
7 670
-
26 071
-
health
2 872
-
7 434
-
total
17 499
-
51 503
-
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.

44 474
-
115 082
-
health
2 962
-
7 663
-
pensions
3 936
-
10 184
-
unemployment
27
-
69
-
total
6 925
-
17 916
-
Corporate
81 601
133 000
-
-
income
15 504
25 270
-
-
total
15 504
25 270
-
-
Dividends
66 098
107 730
-
-
withholding
9 915
16 160
-
-
total
9 915
16 160
-
-
Income
133 000
133 000
133 000
133 000
Total tax
49 843
41 430
69 419
65 802
After tax
83 157
91 570
63 581
67 198
Living cost
26 976
26 976
26 976
26 976
Free-cash
56 181
64 594
36 605
40 222

Estimated living cost  is ₽26976 per week

₽18513
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1729
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽523
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6212
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36914
₽75581
₽47911
-₽19057
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
133 000
income
-
-
-
25 924
social contributions
-
-
-
15 162
total
-
-
-
41 086
Employee
63 094
-
-
-
social contributions
5 174
-
737
-
income
13 917
-
-
-
total
19 091
-
737
-
Employer
63 094
-
-
-
social contributions
88 963
-
12 679
-
total
88 963
-
12 679
-
Corporate
-
133 000
-
-
income
-
29 260
-
-
total
-
29 260
-
-
Dividends
-
103 740
-
-
income
-
22 823
-
-
total
-
22 823
-
-
Income
133 000
133 000
133 000
133 000
Total tax
108 054
52 083
13 416
41 086
After tax
24 946
80 917
119 584
91 914
Living cost
44 003
44 003
44 003
44 003
Free-cash
-19 057
36 914
75 581
47 911

Estimated living cost  is ₽44003 per week

₽28551
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4138
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.
₽10753
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44104
₽32431
₽41170
₽43092
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
133 000
income
-
-
-
14 066
surtax
-
-
-
-
social contributions

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

-
-
-
46 217
total
-
-
-
60 283
Employee
46 257
-
107 474
-
surtax
-
-
-
-
social contributions
5 088
-
11 822
-
income
9 622
-
31 674
-
total
14 710
-
43 496
-
Employer
46 257
-
107 474
-
social contributions
10 986
-
25 526
-
total
10 986
-
25 526
-
Corporate
75 758
133 000
-
-
income
15 908
27 930
-
-
surtax
-
-
-
-
total
15 908
27 930
-
-
Dividends
59 849
105 070
-
-
withholding
16 757
29 419
-
-
total
16 757
29 419
-
-
Income
133 000
133 000
133 000
133 000
Total tax
58 361
57 349
69 022
60 283
After tax
74 639
75 651
63 978
72 717
Living cost
31 547
31 547
31 547
31 547
Free-cash
43 092
44 104
32 431
41 170

Estimated living cost  is ₽31547 per week

₽23604
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1861
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.
₽5556
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18455
₽29465
₽27089
₽25369
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
133 000
income
-
-
-
17 253
other
-
-
-
4 123
surtax
-
-
-
-
social contributions
-
-
-
3 789
health
-
-
-
4 245
pensions
-
-
-
27 925
total
-
-
-
57 335
Employee
62 992
-
105 522
-
pensions
7 125
-
6 262
-
surtax
-
-
-
-
social contributions
1 794
-
3 008
-
income
5 496
-
18 213
-
total
14 415
-
27 483
-
Employer
62 992
-
105 522
-
health
4 409
-
8 493
-
pensions
10 350
-
10 735
-
unemployment
2 552
-
4 273
-
social contributions
189
-
317
-
other
2 174
-
3 658
-
total
19 674
-
27 476
-
Corporate
50 334
133 000
-
-
income
14 093
37 241
-
-
surtax
-
-
-
-
total
14 093
37 241
-
-
Dividends
36 241
95 759
-
-
surtax
-
-
-
-
social contributions
6 233
16 471
-
-
withholding
4 640
12 257
-
-
total
10 873
28 728
-
-
Income
133 000
133 000
133 000
133 000
Total tax
59 055
65 969
54 959
57 335
After tax
73 945
67 031
78 041
75 665
Living cost
48 576
48 576
48 576
48 576
Free-cash
25 369
18 455
29 465
27 089

Estimated living cost  is ₽48576 per week

₽32876
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3974
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽666
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11060
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89469
₽72776
₽69243
₽86089
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
133 000
income
-
-
-
4 266
social contributions
-
-
-
29 259
total
-
-
-
33 525
Employee
32 334
-
115 153
-
income
-
-
4 659
-
social contributions
2 101
-
7 486
-
total
2 101
-
12 145
-
Employer
32 334
-
115 153
-
social contributions
5 012
-
17 847
-
total
5 012
-
17 847
-
Corporate
95 654
133 000
-
-
income
9 566
13 299
-
-
total
9 566
13 299
-
-
Dividends
86 088
119 701
-
-
total
-
-
-
-
Income
133 000
133 000
133 000
133 000
Total tax
16 679
13 299
29 992
33 525
After tax
116 321
119 701
103 008
99 475
Living cost
30 232
30 232
30 232
30 232
Free-cash
86 089
89 469
72 776
69 243

Estimated living cost  is ₽30232 per week

₽19548
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2279
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7837
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽86026
-₽86026
₽32574
-₽86026
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
133 000
labour market
-
-
-
10 570
municipal
-
-
-
26 396
national
-
-
-
14 175
pensions
-
-
-
871
total
-
-
-
52 012
Employee
204 345
204 345
204 345
-
municipal
43 514
43 514
43 514
-
labour market
16 324
16 324
16 324
-
pensions
290
290
290
-
national
24 964
24 964
24 964
-
total
85 092
85 092
85 092
-
Employer
204 345
204 345
204 345
-
national
25 008
25 008
25 008
-
labour market
16 348
16 348
16 348
-
pensions
581
581
581
-
municipal
43 583
43 583
43 583
-
total
85 520
85 520
85 520
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
133 000
133 000
133 000
133 000
Total tax
170 612
170 612
170 612
52 012
After tax
-37 612
-37 612
-37 612
80 988
Living cost
48 414
48 414
48 414
48 414
Free-cash
-86 026
-86 026
-86 026
32 574

Estimated living cost  is ₽48414 per week

₽33135
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4283
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽745
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10252
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽11297
₽48545
₽69017
₽7387
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
133 000
accident
-
-
-
257
income
-
-
-
34 822
other
-
-
-
377
health
-
-
-
2 221
pensions
-
-
-
4 236
total
-
-
-
41 913
Employee
34 717
-
116 964
-
pensions
3 909
-
7 768
-
income
4 763
-
25 188
-
health
3 975
-
13 392
-
total
12 647
-
46 348
-
Employer
34 717
-
116 964
-
pensions
5 645
-
11 218
-
accident
580
-
1 953
-
unemployment
851
-
2 866
-
total
7 076
-
16 037
-
Corporate
91 207
133 000
-
-
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.

82 087
119 700
-
-
total
82 087
119 700
-
-
Dividends
9 121
13 300
-
-
withholding
1 733
2 527
-
-
total
1 733
2 527
-
-
Income
133 000
133 000
133 000
133 000
Total tax
103 543
122 227
62 385
41 913
After tax
29 457
10 773
70 615
91 087
Living cost
22 070
22 070
22 070
22 070
Free-cash
7 387
-11 297
48 545
69 017

Estimated living cost  is ₽22070 per week

₽16064
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1258
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.
₽4333
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47342
₽33963
₽52200
₽48002
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
133 000
health
-
-
-
1 628
municipal
-
-
-
23 647
national
-
-
-
16 912
total
-
-
-
42 187
Employee
52 914
-
111 887
-
municipal
8 667
-
18 244
-
unemployment
794
-
1 678
-
pensions
3 571
-
7 552
-
national
874
-
10 533
-
health
395
-
1 304
-
total
14 301
-
39 311
-
Employer
52 914
-
111 887
-
health
407
-
861
-
pensions
9 180
-
19 412
-
accident
53
-
113
-
unemployment
344
-
727
-
total
9 984
-
21 113
-
Corporate
70 102
133 000
-
-
income
14 021
26 600
-
-
total
14 021
26 600
-
-
Dividends

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

42 061
79 800
-
-
municipal
7 571
14 364
-
-
national
508
6 081
-
-
total
8 079
20 445
-
-
Income
133 000
133 000
133 000
133 000
Total tax
46 385
47 045
60 424
42 187
After tax
86 615
85 955
72 576
90 813
Living cost
38 613
38 613
38 613
38 613
Free-cash
48 002
47 342
33 963
52 200

Estimated living cost  is ₽38613 per week

₽25222
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3714
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽615
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9064
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73884
₽68384
₽69770
₽68410
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
133 000
income
-
-
-
20 279
social contributions
-
-
-
16 273
health
-
-
-
3 392
total
-
-
-
39 944
Employee
77 337
77 337
122 085
-
social contributions
2 924
6 419
8 657
-
income
8 421
7 159
19 683
-
health
599
1 315
2 075
-
total
11 944
14 893
30 415
-
Employer
77 337
77 337
122 085
-
health
651
1 431
2 258
-
social contributions
2 924
6 419
8 657
-
total
3 575
7 850
10 915
-
Corporate
94 195
47 813
-
-
income
11 774
5 976
-
-
total
11 774
5 976
-
-
Dividends
82 421
41 837
-
-
withholding
14 011
7 111
-
-
total
14 011
7 111
-
-
Income
133 000
133 000
133 000
133 000
Total tax
41 304
35 830
41 330
39 944
After tax
91 696
97 170
91 670
93 056
Living cost
23 286
23 286
23 286
23 286
Free-cash
68 410
73 884
68 384
69 770

Estimated living cost  is ₽23286 per week

₽13956
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2285
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.
₽6531
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Larnaca model

Close
Podgorica , Montenegro
₽94169
₽73625
₽93797
₽89053
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
133 000
income
-
-
-
13 168
unemployment
-
-
-
29
health
-
-
-
3 640
pensions
-
-
-
6 398
total
-
-
-
23 235
Employee

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

23 085
-
123 171
-
unemployment
115
-
477
-
pensions
3 462
-
14 314
-
income
1 578
-
10 675
-
health
1 962
-
8 112
-
total
7 117
-
33 578
-
Employer

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

23 085
-
123 171
-
health
992
-
4 103
-
pensions
1 269
-
5 249
-
unemployment
115
-
477
-
total
2 376
-
9 829
-
Corporate
107 538
133 000
-
-
income
9 678
11 971
-
-
total
9 678
11 971
-
-
Dividends
97 860
121 029
-
-
withholding
8 808
10 892
-
-
total
8 808
10 892
-
-
Income
133 000
133 000
133 000
133 000
Total tax
27 979
22 863
43 407
23 235
After tax
105 021
110 137
89 593
109 765
Living cost
15 968
15 968
15 968
15 968
Free-cash
89 053
94 169
73 625
93 797

Estimated living cost  is ₽15968 per week

₽10188
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1151
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.
₽4153
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61529
₽41885
₽46716
₽56606
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
133 000
accident
-
-
-
840
income
-
-
-
30 659
other
-
-
-
94
unemployment
-
-
-
653
pensions
-
-
-
26 381
total
-
-
-
58 627
Employee
37 188
-
103 281
-
other
36
-
94
-
unemployment
576
-
1 445
-
pensions
1 748
-
4 382
-
income
7 170
-
27 819
-
total
9 530
-
33 740
-
Employer
37 188
-
103 281
-
pensions
8 776
-
22 000
-
accident
737
-
1 846
-
unemployment
2 046
-
5 126
-
other
298
-
746
-
total
11 857
-
29 718
-
Corporate
83 955
133 000
-
-
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.

12 593
19 951
-
-
total
12 593
19 951
-
-
Dividends
71 362
113 049
-
-
withholding
14 757
23 863
-
-
total
14 757
23 863
-
-
Income
133 000
133 000
133 000
133 000
Total tax
48 737
43 814
63 458
58 627
After tax
84 263
89 186
69 542
74 373
Living cost
27 657
27 657
27 657
27 657
Free-cash
56 606
61 529
41 885
46 716

Estimated living cost  is ₽27657 per week

₽18668
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2659
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5846
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81033
₽83201
₽83340
₽80712
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
133 000
income
-
-
-
45 236
health
-
-
-
1 036
pensions
-
-
-
1 429
total
-
-
-
47 701
Employee
2 983
-
131 393
-
unemployment
30
-
71
-
pensions
268
-
643
-
income
577
-
45 161
-
health
149
-
357
-
total
1 024
-
46 232
-
Employer
2 983
-
131 393
-
health
283
-
679
-
pensions
328
-
786
-
unemployment
60
-
143
-
total
671
-
1 608
-
Corporate
129 346
133 000
-
-
income
28 456
29 260
-
-
total
28 456
29 260
-
-
Dividends
100 890
103 740
-
-
withholding
20 178
20 748
-
-
total
20 178
20 748
-
-
Income
133 000
133 000
133 000
133 000
Total tax
50 329
50 008
47 840
47 701
After tax
82 671
82 992
85 160
85 299
Living cost
1 959
1 959
1 959
1 959
Free-cash
80 712
81 033
83 201
83 340

Estimated living cost  is ₽1959 per week

₽1164
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽159
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽45
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽591
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78699
₽58463
₽58462
₽73750
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
133 000
income
-
-
-
29 049
unemployment
-
-
-
1 115
health
-
-
-
7 656
pensions
-
-
-
19 325
total
-
-
-
57 145
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.

26 227
-
119 696
-
unemployment
197
-
557
-
pensions
3 672
-
10 406
-
income
3 615
-
29 049
-
health
1 351
-
3 828
-
total
8 835
-
43 840
-
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.

26 227
-
119 696
-
health
1 351
-
3 828
-
pensions
3 147
-
8 919
-
unemployment
197
-
557
-
total
4 695
-
13 304
-
Corporate
102 078
133 000
-
-
income
15 312
19 950
-
-
total
15 312
19 950
-
-
Dividends
86 766
113 050
-
-
withholding
13 015
16 958
-
-
total
13 015
16 958
-
-
Income
133 000
133 000
133 000
133 000
Total tax
41 857
36 908
57 144
57 145
After tax
91 143
96 092
75 856
75 855
Living cost
17 393
17 393
17 393
17 393
Free-cash
73 750
78 699
58 463
58 462

Estimated living cost  is ₽17393 per week

₽11711
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1345
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3834
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48537
₽36864
₽45603
₽48174
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
133 000
income
-
-
-
14 066
surtax
-
-
-
-
social contributions

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

-
-
-
46 217
total
-
-
-
60 283
Employee
39 035
-
107 474
-
surtax
-
-
-
-
social contributions
4 294
-
11 822
-
income
7 627
-
31 674
-
total
11 921
-
43 496
-
Employer
39 035
-
107 474
-
social contributions
9 270
-
25 526
-
total
9 270
-
25 526
-
Corporate
84 695
133 000
-
-
income
17 786
27 930
-
-
surtax
-
-
-
-
total
17 786
27 930
-
-
Dividends
66 908
105 070
-
-
withholding
18 735
29 419
-
-
total
18 735
29 419
-
-
Income
133 000
133 000
133 000
133 000
Total tax
57 712
57 349
69 022
60 283
After tax
75 288
75 651
63 978
72 717
Living cost
27 114
27 114
27 114
27 114
Free-cash
48 174
48 537
36 864
45 603

Estimated living cost  is ₽27114 per week

₽19204
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1884
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.
₽5546
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53840
₽34196
₽39027
₽46521
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
133 000
accident
-
-
-
840
income
-
-
-
30 659
other
-
-
-
94
unemployment
-
-
-
653
pensions
-
-
-
26 381
total
-
-
-
58 627
Employee
48 573
-
103 281
-
other
48
-
94
-
unemployment
752
-
1 445
-
pensions
2 283
-
4 382
-
income
10 145
-
27 819
-
total
13 228
-
33 740
-
Employer
48 573
-
103 281
-
pensions
11 463
-
22 000
-
accident
962
-
1 846
-
unemployment
2 672
-
5 126
-
other
389
-
746
-
total
15 486
-
29 718
-
Corporate
68 941
133 000
-
-
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.

10 341
19 951
-
-
total
10 341
19 951
-
-
Dividends
58 600
113 049
-
-
withholding
12 078
23 863
-
-
total
12 078
23 863
-
-
Income
133 000
133 000
133 000
133 000
Total tax
51 133
43 814
63 458
58 627
After tax
81 867
89 186
69 542
74 373
Living cost
35 346
35 346
35 346
35 346
Free-cash
46 521
53 840
34 196
39 027

Estimated living cost  is ₽35346 per week

₽25384
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2748
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽498
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6716
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96390
₽91069
₽86332
₽90253
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
133 000
income
-
-
-
19 950
unemployment
-
-
-
141
health
-
-
-
4 046
pensions

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

-
-
-
5 206
total
-
-
-
29 343
Employee
22 941
-
126 098
-
accident

We are using the highest rate at 1.1%.

252
-
387
-
pensions

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

2 014
-
3 089
-
income
2 294
-
12 610
-
health
1 055
-
1 618
-
total
5 615
-
17 704
-
Employer
22 941
-
126 098
-
health
1 583
-
2 427
-
pensions

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

2 528
-
3 877
-
accident

We are using the highest rate at 1.1%.

252
-
387
-
unemployment
138
-
211
-
total
4 501
-
6 902
-
Corporate
105 558
133 000
-
-
income
10 556
13 300
-
-
total
10 556
13 300
-
-
Dividends
95 003
119 700
-
-
withholding
4 750
5 985
-
-
total
4 750
5 985
-
-
Income
133 000
133 000
133 000
133 000
Total tax
25 422
19 285
24 606
29 343
After tax
107 578
113 715
108 394
103 657
Living cost
17 325
17 325
17 325
17 325
Free-cash
90 253
96 390
91 069
86 332

Estimated living cost  is ₽17325 per week

₽11459
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽992
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽413
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4462
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29693
₽49091
₽36716
₽42849
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
133 000
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.

-
-
-
36 216
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.

-
-
-
1 993
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.

-
-
-
6 871
trade
-
-
-
12 375
total
-
-
-
57 455
Employee

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

50 042
-
133 000
-
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.

227
-
1 993
-
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.

4 115
-
36 216
-
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.

6 871
-
6 871
-
total
11 213
-
45 080
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
82 958
133 000
-
-
income
12 444
19 951
-
-
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.

685
1 097
-
-
chamber of commerce
275
347
-
-
trade
11 904
19 086
-
-
total
25 308
40 481
-
-
Dividends
57 650
92 519
-
-
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.

771
1 250
-
-
withholding
14 030
22 747
-
-
total
14 801
23 997
-
-
Income
133 000
133 000
133 000
133 000
Total tax
51 322
64 478
45 080
57 455
After tax
81 678
68 522
87 920
75 545
Living cost
38 829
38 829
38 829
38 829
Free-cash
42 849
29 693
49 091
36 716

Estimated living cost  is ₽38829 per week

₽26785
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4178
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽563
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7302
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35807
₽26621
₽26621
₽38029
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
133 000
income
-
-
-
36 576
social contributions
-
-
-
12 511
total
-
-
-
49 087
Employee
78 672
-
133 000
-
income
14 845
-
36 576
-
social contributions
6 536
-
12 511
-
total
21 381
-
49 087
-
Employer
78 672
-
133 000
-
total
-
-
-
-
Corporate
54 328
133 000
-
-
income
6 791
16 626
-
-
total
6 791
16 626
-
-
Dividends
47 537
116 374
-
-
withholding
9 507
23 275
-
-
total
9 507
23 275
-
-
Income
133 000
133 000
133 000
133 000
Total tax
37 679
39 901
49 087
49 087
After tax
95 321
93 099
83 913
83 913
Living cost
57 292
57 292
57 292
57 292
Free-cash
38 029
35 807
26 621
26 621

Estimated living cost  is ₽57292 per week

₽43587
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4668
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8489
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44626
₽60752
₽61785
₽48141
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
133 000
income
-
-
-
28 629
health

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

-
-
-
6 077
total
-
-
-
34 706
Employee
46 138
-
128 374
-
income
5 006
-
26 487
-
social contributions
4 623
-
4 626
-
total
9 629
-
31 113
-
Employer
46 138
-
128 374
-
social contributions
4 623
-
4 626
-
total
4 623
-
4 626
-
Corporate
82 240
133 000
-
-
income
28 784
46 551
-
-
total
28 784
46 551
-
-
Dividends
53 456
86 449
-
-
social contributions
5 314
5 314
-
-
total
5 314
5 314
-
-
Income
133 000
133 000
133 000
133 000
Total tax
48 350
51 865
35 739
34 706
After tax
84 650
81 135
97 261
98 294
Living cost
36 509
36 509
36 509
36 509
Free-cash
48 141
44 626
60 752
61 785

Estimated living cost  is ₽36509 per week

₽24048
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2878
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9022
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54573
₽42022
₽54299
₽56876
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
133 000
income
-
-
-
33 434
pensions
-
-
-
8 134
total
-
-
-
41 568
Employee
50 971
-
116 582
-
pensions
3 890
-
10 317
-
income
9 282
-
25 251
-
health
665
-
1 859
-
total
13 837
-
37 427
-
Employer
50 971
-
116 582
-
health
969
-
2 215
-
pensions
5 150
-
14 203
-
total
6 119
-
16 418
-
Corporate
75 911
133 000
-
-
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.

14 423
25 271
-
-
total
14 423
25 271
-
-
Dividends
61 488
107 729
-
-
withholding
4 612
16 023
-
-
total
4 612
16 023
-
-
Income
133 000
133 000
133 000
133 000
Total tax
38 991
41 294
53 845
41 568
After tax
94 009
91 706
79 155
91 432
Living cost
37 133
37 133
37 133
37 133
Free-cash
56 876
54 573
42 022
54 299

Estimated living cost  is ₽37133 per week

₽25473
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3415
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.
₽7778
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽13482
₽46360
₽66832
₽7053
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
133 000
accident
-
-
-
257
income
-
-
-
34 822
other
-
-
-
377
health
-
-
-
2 221
pensions
-
-
-
4 236
total
-
-
-
41 913
Employee
38 154
-
116 964
-
pensions
4 296
-
7 768
-
income
5 234
-
25 188
-
health
4 368
-
13 392
-
total
13 898
-
46 348
-
Employer
38 154
-
116 964
-
pensions
6 204
-
11 218
-
accident
637
-
1 953
-
unemployment
935
-
2 866
-
total
7 776
-
16 037
-
Corporate
87 071
133 000
-
-
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.

78 364
119 700
-
-
total
78 364
119 700
-
-
Dividends
8 707
13 300
-
-
withholding
1 654
2 527
-
-
total
1 654
2 527
-
-
Income
133 000
133 000
133 000
133 000
Total tax
101 692
122 227
62 385
41 913
After tax
31 308
10 773
70 615
91 087
Living cost
24 255
24 255
24 255
24 255
Free-cash
7 053
-13 482
46 360
66 832

Estimated living cost  is ₽24255 per week

₽17800
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1413
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4552
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98331
₽76030
₽61576
₽93623
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
133 000
income
-
-
-
21 260
unemployment
-
-
-
1 596
work injury
-
-
-
665
health insurance
-
-
-
9 842
pensions
-
-
-
24 472
total
-
-
-
57 835
Employee

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

21 742
-
133 000
-
health insurance
1 609
-
5 953
-
unemployment
261
-
965
-
work injury
109
-
402
-
pensions
4 000
-
14 801
-
income
2 174
-
21 260
-
total
8 153
-
43 381
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
111 258
133 000
-
-
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%.

1 113
1 330
-
-
total
1 113
1 330
-
-
Dividends
110 146
131 670
-
-
withholding
16 522
19 750
-
-
total
16 522
19 750
-
-
Income
133 000
133 000
133 000
133 000
Total tax
25 788
21 080
43 381
57 835
After tax
107 212
111 920
89 619
75 165
Living cost
13 589
13 589
13 589
13 589
Free-cash
93 623
98 331
76 030
61 576

Estimated living cost  is ₽13589 per week

₽8418
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽987
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽424
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3759
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29990
₽18280
₽24364
₽25414
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
133 000
social contributions
-
-
-
34 208
regional
-
-
-
2 955
municipal
-
-
-
889
national
-
-
-
30 517
total
-
-
-
68 569
Employee
84 751
-
133 000
-
municipal
506
-
794
-
national
14 322
-
26 474
-
regional
1 280
-
2 537
-
social contributions
28 577
-
44 848
-
total
44 685
-
74 653
-
Employer
84 751
-
133 000
-
total
-
-
-
-
Corporate
48 249
133 000
-
-
municipal
2 325
6 411
-
-
nationa
11 579
31 919
-
-
total
13 904
38 330
-
-
Dividends
34 345
94 670
-
-
withholding
8 930
24 613
-
-
total
8 930
24 613
-
-
Income
133 000
133 000
133 000
133 000
Total tax
67 519
62 943
74 653
68 569
After tax
65 481
70 057
58 347
64 431
Living cost
40 067
40 067
40 067
40 067
Free-cash
25 414
29 990
18 280
24 364

Estimated living cost  is ₽40067 per week

₽28144
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2756
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽605
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8560
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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