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
₽ 134000
per

Your estimated
City
free-cash

Dresden , Germany
₽37089
₽48252
₽44247
₽57961
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
134 000
trade
-
-
-
13 714
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.

-
-
-
36 567
health

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

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

-
-
-
6 894
surtax

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

-
-
-
2 011
total
-
-
-
59 186
Employee

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

38 599
-
134 000
-
health

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

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

6 894
-
6 894
-
surtax

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

59
-
2 011
-
income

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

1 078
-
36 567
-
total
8 031
-
45 472
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
95 401
134 000
-
-
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.

787
1 105
-
-
income
14 310
20 099
-
-
trade
15 026
21 105
-
-
chamber of commerce
291
347
-
-
total
30 414
42 656
-
-
Dividends
64 987
91 345
-
-
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.

873
1 235
-
-
withholding
15 863
22 453
-
-
total
16 736
23 688
-
-
Income
134 000
134 000
134 000
134 000
Total tax
55 181
66 344
45 472
59 186
After tax
78 819
67 656
88 528
74 814
Living cost
30 567
30 567
30 567
30 567
Free-cash
48 252
37 089
57 961
44 247

Estimated living cost  is ₽30567 per week

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

Additional information

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

Source of data for Dresden model

Close
Reykjavik , Iceland
₽32622
₽31774
₽28839
₽29891
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
134 000
municipal
-
-
-
14 374
pensions
-
-
-
16 080
national
-
-
-
22 273
social contributions
-
-
-
1 440
total
-
-
-
54 167
Employee
79 050
-
115 842
-
municipal
9 764
-
14 892
-
pensions
3 162
-
4 634
-
national
15 130
-
23 077
-
total
28 056
-
42 603
-
Employer
79 050
-
115 842
-
social contributions
850
-
1 245
-
pensions
6 324
-
9 267
-
total
7 174
-
10 512
-
Corporate
42 559
134 000
-
-
income

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

8 512
26 800
-
-
total
8 512
26 800
-
-
Dividends
34 047
107 200
-
-
withholding
7 490
23 584
-
-
total
7 490
23 584
-
-
Income
134 000
134 000
134 000
134 000
Total tax
51 232
50 384
53 115
54 167
After tax
82 768
83 616
80 885
79 833
Living cost
50 994
50 994
50 994
50 994
Free-cash
31 774
32 622
29 891
28 839

Estimated living cost  is ₽50994 per week

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

Additional information

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

Source of data for Reykjavik model

Close
Riga , Latvia
₽86205
₽77927
₽19393
₽54159
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
134 000
microenterprise
-
-
-
-
income
-
-
-
20 777
surtax
-
-
-
34 169
social contributions

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

-
-
-
38 666
total
-
-
-
93 612
Employee
29 489
-
107 985
-
social contributions

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

3 244
-
11 878
-
surtax
-
-
-
-
income
5 249
-
20 955
-
total
8 493
-
32 833
-
Employer
29 489
-
107 985
-
social contributions

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

7 103
-
26 013
-
surtax
-
-
-
-
total
7 103
-
26 013
-
Corporate
97 408
134 000
-
-
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%.

19 482
26 800
-
-
total
19 482
26 800
-
-
Dividends

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

77 926
107 200
-
-
total
-
-
-
-
Income
134 000
134 000
134 000
134 000
Total tax
35 078
26 800
58 846
93 612
After tax
98 922
107 200
75 154
40 388
Living cost
20 995
20 995
20 995
20 995
Free-cash
77 927
86 205
54 159
19 393

Estimated living cost  is ₽20995 per week

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

Source of data for Riga model

Close
Rotterdam , Netherlands
₽23416
₽17234
₽34748
₽34595
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
134 000
income
-
-
-
32 708
pensions
-
-
-
11 824
health
-
-
-
12 444
total
-
-
-
56 976
Employee
86 180
86 180
115 245
-
health
13 228
11 251
12 444
-
income

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

14 106
14 106
14 106
-
pensions
15 512
11 824
11 824
-
total
42 846
37 181
38 374
-
Employer
86 180
86 180
115 245
-
unemployment
3 102
3 102
3 855
-
pensions
5 998
5 998
7 456
-
health
5 990
5 990
7 444
-
total
15 090
15 090
18 755
-
Corporate
33 786
32 729
-
-
income
6 757
6 546
-
-
total
6 757
6 546
-
-
Dividends
27 029
26 183
-
-
income
5 743
5 563
-
-
withholding
4 054
3 928
-
-
total
9 797
9 491
-
-
Income
134 000
134 000
134 000
134 000
Total tax
74 490
68 308
57 129
56 976
After tax
59 510
65 692
76 871
77 024
Living cost
42 276
42 276
42 276
42 276
Free-cash
17 234
23 416
34 595
34 748

Estimated living cost  is ₽42276 per week

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

Source of data for Rotterdam model

Close
Stockholm , Sweden
₽34172
₽33297
₽31964
₽30913
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
134 000
municipal
-
-
-
32 576
accident
-
-
-
171
pensions
-
-
-
9 238
other
-
-
-
9 930
unemployment
-
-
-
86
health
-
-
-
5 332
national
-
-
-
5 711
total
-
-
-
63 044
Employee
55 560
-
107 150
-
municipal
16 568
-
31 952
-
national
-
-
5 292
-
total
16 568
-
37 244
-
Employer
55 560
-
107 150
-
accident
111
-
171
-
other
6 456
-
9 930
-
unemployment
1 467
-
2 256
-
pensions
6 006
-
9 238
-
health
3 417
-
5 256
-
total
17 457
-
26 851
-
Corporate
60 983
134 000
-
-
income
13 416
29 480
-
-
total
13 416
29 480
-
-
Dividends
47 567
104 520
-
-
withholding
14 270
31 356
-
-
total
14 270
31 356
-
-
Income
134 000
134 000
134 000
134 000
Total tax
61 711
60 836
64 095
63 044
After tax
72 289
73 164
69 905
70 956
Living cost
38 992
38 992
38 992
38 992
Free-cash
33 297
34 172
30 913
31 964

Estimated living cost  is ₽38992 per week

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

Source of data for Stockholm model

Close
Hamburg , Germany
₽27322
₽41503
₽34558
₽48883
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
134 000
trade
-
-
-
14 325
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.

-
-
-
36 567
health

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

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

-
-
-
6 894
surtax

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

-
-
-
2 011
total
-
-
-
59 797
Employee

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

51 178
-
134 000
-
health

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

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

6 894
-
6 894
-
surtax

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

241
-
2 011
-
income

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

4 397
-
36 567
-
total
11 532
-
45 472
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
82 822
134 000
-
-
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.

684
1 105
-
-
income
12 423
20 099
-
-
trade
13 624
22 043
-
-
chamber of commerce
272
345
-
-
total
27 003
43 592
-
-
Dividends
55 819
90 408
-
-
surtax

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

747
1 222
-
-
withholding
13 570
22 219
-
-
total
14 317
23 441
-
-
Income
134 000
134 000
134 000
134 000
Total tax
52 852
67 033
45 472
59 797
After tax
81 148
66 967
88 528
74 203
Living cost
39 645
39 645
39 645
39 645
Free-cash
41 503
27 322
48 883
34 558

Estimated living cost  is ₽39645 per week

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

Additional information

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

Source of data for Hamburg model

Close
Limassol , Cyprus
₽65162
₽60978
₽61015
₽59617
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
134 000
income
-
-
-
20 507
health
-
-
-
3 417
social contributions
-
-
-
16 328
total
-
-
-
40 252
Employee
77 601
77 601
123 036
-
social contributions
3 771
6 441
8 687
-
health
772
1 320
2 091
-
income
8 149
7 184
19 908
-
total
12 692
14 945
30 686
-
Employer
77 601
77 601
123 036
-
social contributions
3 771
6 441
8 687
-
health
841
1 436
2 277
-
total
4 612
7 877
10 964
-
Corporate
83 964
48 522
-
-
income
10 495
6 065
-
-
total
10 495
6 065
-
-
Dividends
73 469
42 457
-
-
withholding
12 490
7 218
-
-
total
12 490
7 218
-
-
Income
134 000
134 000
134 000
134 000
Total tax
40 289
36 105
41 650
40 252
After tax
93 711
97 895
92 350
93 748
Living cost
32 733
32 733
32 733
32 733
Free-cash
60 978
65 162
59 617
61 015

Estimated living cost  is ₽32733 per week

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

Source of data for Limassol model

Close
Budapest , Hungary
₽57031
₽57412
₽74492
₽59346
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
134 000
income
-
-
-
16 382
pensions
-
-
-
13 400
unemployment
-
-
-
2 010
health
-
-
-
9 380
total
-
-
-
41 172
Employee

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

The minimum wage is 138,000 HUF per month.

26 469
10 534
112 134
-
health
1 853
737
7 849
-
income
3 236
1 288
13 708
-
pensions
2 647
1 053
11 213
-
unemployment
397
158
1 682
-
total
8 133
3 236
34 452
-
Employer

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

The minimum wage is 138,000 HUF per month.

26 469
10 534
112 134
-
pensions
5 161
2 054
21 866
-
total
5 161
2 054
21 866
-
Corporate
102 370
121 412
-
-
income
9 213
10 927
-
-
total
9 213
10 927
-
-
Dividends
93 157
110 485
-
-
social contributions
18 045
21 424
-
-
withholding
17 700
20 992
-
-
total
35 745
42 416
-
-
Income
134 000
134 000
134 000
134 000
Total tax
58 252
58 633
56 318
41 172
After tax
75 748
75 367
77 682
92 828
Living cost
18 336
18 336
18 336
18 336
Free-cash
57 412
57 031
59 346
74 492

Estimated living cost  is ₽18336 per week

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

Source of data for Budapest model

Close
Tallinn , Estonia
₽82825
₽76554
₽47449
₽52861
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
134 000
income
-
-
-
17 956
pensions
-
-
-
26 800
health
-
-
-
17 420
total
-
-
-
62 176
Employee
28 629
-
100 150
-
income
3 223
-
19 308
-
pensions
573
-
2 003
-
unemployment
458
-
1 603
-
total
4 254
-
22 914
-
Employer
28 629
-
100 150
-
unemployment
230
-
801
-
pensions
5 726
-
20 030
-
health
3 721
-
13 019
-
total
9 677
-
33 850
-
Corporate
95 694
134 000
-
-
income
19 140
26 800
-
-
total
19 140
26 800
-
-
Dividends
76 554
107 200
-
-
total
-
-
-
-
Income
134 000
134 000
134 000
134 000
Total tax
33 071
26 800
56 764
62 176
After tax
100 929
107 200
77 236
71 824
Living cost
24 375
24 375
24 375
24 375
Free-cash
76 554
82 825
52 861
47 449

Estimated living cost  is ₽24375 per week

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

Source of data for Tallinn model

Close
Gdansk , Poland
-₽11218
₽7468
₽69685
₽49213
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
134 000
accident
-
-
-
253
income
-
-
-
35 256
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
42 243
Employee
34 721
-
118 082
-
health
3 975
-
13 521
-
income
4 763
-
25 622
-
pensions
3 910
-
7 654
-
total
12 648
-
46 797
-
Employer
34 721
-
118 082
-
accident
580
-
1 972
-
unemployment
851
-
2 893
-
pensions
5 646
-
11 053
-
total
7 077
-
15 918
-
Corporate
92 203
134 000
-
-
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.

82 983
120 600
-
-
total
82 983
120 600
-
-
Dividends
9 220
13 400
-
-
withholding
1 752
2 546
-
-
total
1 752
2 546
-
-
Income
134 000
134 000
134 000
134 000
Total tax
104 460
123 146
62 715
42 243
After tax
29 540
10 854
71 285
91 757
Living cost
22 072
22 072
22 072
22 072
Free-cash
7 468
-11 218
49 213
69 685

Estimated living cost  is ₽22072 per week

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

Additional information

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

Source of data for Gdansk model

Close
Batumi , Georgia
₽118220
₽116517
₽123580
₽98120
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
134 000
microenterprise

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

-
-
-
1 340
total
-
-
-
1 340
Employee
11 349
-
134 000
-
income
2 270
-
26 800
-
total
2 270
-
26 800
-
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%.

122 651
134 000
-
-
total
-
-
-
-
Dividends
122 651
134 000
-
-
withholding
6 133
6 700
-
-
total
6 133
6 700
-
-
Income
134 000
134 000
134 000
134 000
Total tax
8 403
6 700
26 800
1 340
After tax
125 597
127 300
107 200
132 660
Living cost
9 080
9 080
9 080
9 080
Free-cash
116 517
118 220
98 120
123 580

Estimated living cost  is ₽9080 per week

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

Additional information

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

Source of data for Batumi model

Close
Bratislava , Slovakia
₽71558
₽64743
₽44561
₽50104
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
134 000
income
-
-
-
18 125
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.

-
-
-
32 160
other
-
-
-
6 366
health
-
-
-
5 897
total
-
-
-
62 548
Employee
36 642
-
107 028
-
health
513
-
1 498
-
income
6 308
-
19 971
-
pensions

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

2 564
-
7 492
-
unemployment
366
-
1 071
-
total
9 751
-
30 032
-
Employer
36 642
-
107 028
-
accident
293
-
856
-
other
1 833
-
5 353
-
unemployment
366
-
1 071
-
pensions

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

6 230
-
18 195
-
health
513
-
1 498
-
total
9 235
-
26 973
-
Corporate
88 123
134 000
-
-
income
18 506
28 141
-
-
total
18 506
28 141
-
-
Dividends
69 617
105 859
-
-
withholding
4 874
7 410
-
-
total
4 874
7 410
-
-
Income
134 000
134 000
134 000
134 000
Total tax
42 366
35 551
57 005
62 548
After tax
91 634
98 449
76 995
71 452
Living cost
26 891
26 891
26 891
26 891
Free-cash
64 743
71 558
50 104
44 561

Estimated living cost  is ₽26891 per week

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

Source of data for Bratislava model

Close
London , United Kingdom
₽24773
₽18764
₽24465
₽12093
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
134 000
income
-
-
-
33 585
pensions
-
-
-
8 224
total
-
-
-
41 809
Employee
95 822
-
117 467
-
health
1 579
-
1 876
-
income
17 273
-
25 333
-
pensions
9 244
-
10 440
-
total
28 096
-
37 649
-
Employer
95 822
-
117 467
-
pensions
11 314
-
14 300
-
health
1 820
-
2 232
-
total
13 134
-
16 532
-
Corporate
25 044
134 000
-
-
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.

4 759
25 460
-
-
total
4 759
25 460
-
-
Dividends
20 285
108 540
-
-
withholding
1 521
16 041
-
-
total
1 521
16 041
-
-
Income
134 000
134 000
134 000
134 000
Total tax
47 510
41 501
54 181
41 809
After tax
86 490
92 499
79 819
92 191
Living cost
67 726
67 726
67 726
67 726
Free-cash
18 764
24 773
12 093
24 465

Estimated living cost  is ₽67726 per week

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

Additional information

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

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

Source of data for London model

Close
Varna , Bulgaria
₽101331
₽96641
₽91244
₽96025
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
134 000
income
-
-
-
20 100
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
29 517
Employee
17 531
-
127 080
-
health
806
-
1 622
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
income
1 753
-
12 708
-
pensions

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

1 539
-
3 097
-
total
4 291
-
17 815
-
Employer
17 531
-
127 080
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
unemployment
105
-
212
-
pensions

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

1 932
-
3 887
-
health
1 210
-
2 434
-
total
3 440
-
6 921
-
Corporate
113 029
134 000
-
-
income
11 303
13 400
-
-
total
11 303
13 400
-
-
Dividends
101 727
120 600
-
-
withholding
5 086
6 030
-
-
total
5 086
6 030
-
-
Income
134 000
134 000
134 000
134 000
Total tax
24 120
19 430
24 736
29 517
After tax
109 880
114 570
109 264
104 483
Living cost
13 239
13 239
13 239
13 239
Free-cash
96 641
101 331
96 025
91 244

Estimated living cost  is ₽13239 per week

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

Source of data for Varna model

Close
Amsterdam , Netherlands
₽9731
₽12268
₽21063
₽20910
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
134 000
income
-
-
-
32 708
pensions
-
-
-
11 824
health
-
-
-
12 444
total
-
-
-
56 976
Employee
93 564
86 180
115 245
-
health
11 673
11 251
12 444
-
income

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

14 106
14 106
14 106
-
pensions
11 824
11 824
11 824
-
total
37 603
37 181
38 374
-
Employer
93 564
86 180
115 245
-
unemployment
3 369
3 102
3 855
-
pensions
6 511
5 998
7 456
-
health
6 502
5 990
7 444
-
total
16 382
15 090
18 755
-
Corporate
24 054
32 729
-
-
income
4 811
6 546
-
-
total
4 811
6 546
-
-
Dividends
19 243
26 183
-
-
income
4 089
5 563
-
-
withholding
2 886
3 928
-
-
total
6 975
9 491
-
-
Income
134 000
134 000
134 000
134 000
Total tax
65 771
68 308
57 129
56 976
After tax
68 229
65 692
76 871
77 024
Living cost
55 961
55 961
55 961
55 961
Free-cash
12 268
9 731
20 910
21 063

Estimated living cost  is ₽55961 per week

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

Source of data for Amsterdam model

Close
Brno , Czech Republic
₽68088
₽59466
₽44789
₽43829
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
134 000
income
-
-
-
12 169
health
-
-
-
18 090
solidarity contribution
-
-
-
-
social contributions
-
-
-
34 781
total
-
-
-
65 040
Employee
35 546
-
100 000
-
social contributions
2 310
-
6 500
-
health
4 799
-
13 500
-
solidarity contribution
-
-
-
-
income
4 265
-
12 000
-
total
11 374
-
32 000
-
Employer
35 546
-
100 000
-
social contributions
8 886
-
25 000
-
health
3 199
-
9 000
-
total
12 085
-
34 000
-
Corporate
86 369
134 000
-
-
income
16 410
25 460
-
-
total
16 410
25 460
-
-
Dividends
69 959
108 540
-
-
withholding
10 494
16 281
-
-
total
10 494
16 281
-
-
Income
134 000
134 000
134 000
134 000
Total tax
50 363
41 741
66 000
65 040
After tax
83 637
92 259
68 000
68 960
Living cost
24 171
24 171
24 171
24 171
Free-cash
59 466
68 088
43 829
44 789

Estimated living cost  is ₽24171 per week

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

Source of data for Brno model

Close
Milan , Italy
₽28911
₽23643
₽23843
₽17466
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
134 000
municipal
-
-
-
797
regional
-
-
-
1 536
national
-
-
-
30 776
social contributions
-
-
-
34 464
total
-
-
-
67 573
Employee
89 690
-
134 000
-
social contributions
30 243
-
45 185
-
regional
846
-
1 352
-
municipal
475
-
711
-
national
15 541
-
26 702
-
total
47 105
-
73 950
-
Employer
89 690
-
134 000
-
total
-
-
-
-
Corporate
44 310
134 000
-
-
nationa
10 635
32 160
-
-
municipal
1 727
5 226
-
-
total
12 362
37 386
-
-
Dividends
31 948
96 613
-
-
withholding
8 306
25 119
-
-
total
8 306
25 119
-
-
Income
134 000
134 000
134 000
134 000
Total tax
67 773
62 505
73 950
67 573
After tax
66 227
71 495
60 050
66 427
Living cost
42 584
42 584
42 584
42 584
Free-cash
23 643
28 911
17 466
23 843

Estimated living cost  is ₽42584 per week

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

Source of data for Milan model

Close
Thessaloniki , Greece
₽62016
₽58877
₽41401
₽39184
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
134 000
income
-
-
-
29 682
pensions
-
-
-
26 800
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
9 514
surtax
-
-
-
4 104
total
-
-
-
70 330
Employee
33 373
-
110 697
-
other
-
-
-
-
health
852
-
2 823
-
surtax
109
-
3 754
-
income
5 594
-
27 581
-
pensions
2 225
-
7 383
-
unemployment
2 323
-
7 705
-
total
11 103
-
49 246
-
Employer
33 373
-
110 697
-
other
-
-
-
-
unemployment
1 057
-
3 508
-
pensions
4 449
-
14 756
-
health
1 519
-
5 037
-
total
7 025
-
23 301
-
Corporate
93 602
134 000
-
-
income
24 337
34 840
-
-
total
24 337
34 840
-
-
Dividends
69 265
99 160
-
-
withholding
10 389
14 875
-
-
total
10 389
14 875
-
-
Income
134 000
134 000
134 000
134 000
Total tax
52 854
49 715
72 547
70 330
After tax
81 146
84 285
61 453
63 670
Living cost
22 269
22 269
22 269
22 269
Free-cash
58 877
62 016
39 184
41 401

Estimated living cost  is ₽22269 per week

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

Source of data for Thessaloniki model

Close
Cambridge , United Kingdom
₽46230
₽46162
₽45922
₽33550
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
134 000
income
-
-
-
33 585
pensions
-
-
-
8 224
total
-
-
-
41 809
Employee
64 218
-
117 467
-
health
932
-
1 876
-
income
11 566
-
25 333
-
pensions
5 451
-
10 440
-
total
17 949
-
37 649
-
Employer
64 218
-
117 467
-
pensions
6 952
-
14 300
-
health
1 220
-
2 232
-
total
8 172
-
16 532
-
Corporate
61 611
134 000
-
-
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.

11 706
25 460
-
-
total
11 706
25 460
-
-
Dividends
49 904
108 540
-
-
withholding
3 742
16 041
-
-
total
3 742
16 041
-
-
Income
134 000
134 000
134 000
134 000
Total tax
41 569
41 501
54 181
41 809
After tax
92 431
92 499
79 819
92 191
Living cost
46 269
46 269
46 269
46 269
Free-cash
46 162
46 230
33 550
45 922

Estimated living cost  is ₽46269 per week

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

Additional information

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

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

Source of data for Cambridge model

Close
Zurich , Switzerland
-₽15000
₽17636
₽33922
₽27393
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
134 000
city
-
-
-
1 412
pensions
-
-
-
12 328
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.

-
-
-
2 680
regional
-
-
-
5 628
health
-
-
-
302
national
-
-
-
1 454
total
-
-
-
23 804
Employee
89 260
-
119 938
-
city
958
-
1 289
-
regional
2 923
-
4 811
-
health
202
-
270
-
pensions
7 499
-
10 075
-
unemployment
-
-
-
-
national
422
-
1 145
-
total
12 004
-
17 590
-
Employer
89 260
-
119 938
-
other

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

1 785
-
2 398
-
unemployment
-
-
-
-
pensions
7 499
-
10 075
-
health
202
-
270
-
total
9 486
-
12 743
-
Corporate
34 273
134 000
-
-
regional
7 248
28 341
-
-
national
2 913
11 390
-
-
total
10 161
39 731
-
-
Dividends
24 112
94 270
-
-
withholding
8 439
32 995
-
-
total
8 439
32 995
-
-
Income
134 000
134 000
134 000
134 000
Total tax
40 090
72 726
30 333
23 804
After tax
93 910
61 274
103 667
110 196
Living cost
76 274
76 274
76 274
76 274
Free-cash
17 636
-15 000
27 393
33 922

Estimated living cost  is ₽76274 per week

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

Additional information

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

Source of data for Zurich model

Close
Munich , Germany
₽20049
₽36412
₽27363
₽42297
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
134 000
trade
-
-
-
14 934
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.

-
-
-
36 567
health

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

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

-
-
-
6 894
surtax

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

-
-
-
2 011
total
-
-
-
60 406
Employee

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

60 650
-
134 000
-
health

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

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

6 894
-
6 894
-
surtax

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

393
-
2 011
-
income

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

7 132
-
36 567
-
total
14 419
-
45 472
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
73 350
134 000
-
-
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.

605
1 105
-
-
income
11 002
20 099
-
-
trade
12 580
22 981
-
-
chamber of commerce
257
341
-
-
total
24 444
44 526
-
-
Dividends
48 905
89 474
-
-
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.

651
1 208
-
-
withholding
11 843
21 986
-
-
total
12 494
23 194
-
-
Income
134 000
134 000
134 000
134 000
Total tax
51 357
67 720
45 472
60 406
After tax
82 643
66 280
88 528
73 594
Living cost
46 231
46 231
46 231
46 231
Free-cash
36 412
20 049
42 297
27 363

Estimated living cost  is ₽46231 per week

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

Additional information

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

Source of data for Munich model

Close
Nice , France
₽33009
₽38972
₽41693
₽44023
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
134 000
income
-
-
-
17 440
pensions
-
-
-
28 066
other
-
-
-
4 154
health
-
-
-
4 301
surtax
-
-
-
-
social contributions
-
-
-
3 819
total
-
-
-
57 780
Employee
43 191
-
106 275
-
social contributions
1 231
-
3 030
-
surtax
-
-
-
-
income
2 549
-
18 379
-
pensions
4 884
-
6 324
-
total
8 664
-
27 733
-
Employer
43 191
-
106 275
-
other
1 490
-
3 691
-
social contributions
130
-
318
-
unemployment
1 748
-
4 303
-
pensions
7 095
-
10 834
-
health
3 024
-
8 571
-
total
13 487
-
27 717
-
Corporate
77 320
134 000
-
-
surtax
-
-
-
-
income
21 650
37 521
-
-
total
21 650
37 521
-
-
Dividends
55 670
96 479
-
-
surtax
-
-
-
-
social contributions
9 574
16 594
-
-
withholding
7 126
12 349
-
-
total
16 700
28 943
-
-
Income
134 000
134 000
134 000
134 000
Total tax
60 501
66 464
55 450
57 780
After tax
73 499
67 536
78 550
76 220
Living cost
34 527
34 527
34 527
34 527
Free-cash
38 972
33 009
44 023
41 693

Estimated living cost  is ₽34527 per week

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

Source of data for Nice model

Close
Marseille , France
₽36429
₽42035
₽45113
₽47443
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
134 000
income
-
-
-
17 440
pensions
-
-
-
28 066
other
-
-
-
4 154
health
-
-
-
4 301
surtax
-
-
-
-
social contributions
-
-
-
3 819
total
-
-
-
57 780
Employee
38 554
-
106 275
-
social contributions
1 099
-
3 030
-
surtax
-
-
-
-
income
1 988
-
18 379
-
pensions
4 361
-
6 324
-
total
7 448
-
27 733
-
Employer
38 554
-
106 275
-
other
1 331
-
3 691
-
social contributions
115
-
318
-
unemployment
1 561
-
4 303
-
pensions
6 335
-
10 834
-
health
2 698
-
8 571
-
total
12 040
-
27 717
-
Corporate
83 405
134 000
-
-
surtax
-
-
-
-
income
23 353
37 521
-
-
total
23 353
37 521
-
-
Dividends
60 052
96 479
-
-
surtax
-
-
-
-
social contributions
10 330
16 594
-
-
withholding
7 687
12 349
-
-
total
18 017
28 943
-
-
Income
134 000
134 000
134 000
134 000
Total tax
60 858
66 464
55 450
57 780
After tax
73 142
67 536
78 550
76 220
Living cost
31 107
31 107
31 107
31 107
Free-cash
42 035
36 429
47 443
45 113

Estimated living cost  is ₽31107 per week

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

Source of data for Marseille model

Close
Vilnius , Lithuania
₽60353
₽60875
₽64657
₽63178
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
134 000
income
-
-
-
20 099
health
-
-
-
9 353
social contributions
-
-
-
18 492
total
-
-
-
47 944
Employee
34 217
-
134 000
-
social contributions
4 723
-
18 492
-
health
2 388
-
9 353
-
income
5 707
-
21 578
-
total
12 818
-
49 423
-
Employer
34 217
-
134 000
-
total
-
-
-
-
Corporate
99 783
134 000
-
-
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%.

4 989
6 699
-
-
total
4 989
6 699
-
-
Dividends
94 794
127 301
-
-
health
6 617
8 886
-
-
social contributions
13 082
17 567
-
-
withholding
14 220
19 096
-
-
total
33 919
45 549
-
-
Income
134 000
134 000
134 000
134 000
Total tax
51 726
52 248
49 423
47 944
After tax
82 274
81 752
84 577
86 056
Living cost
21 399
21 399
21 399
21 399
Free-cash
60 875
60 353
63 178
64 657

Estimated living cost  is ₽21399 per week

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

Source of data for Vilnius model

Close
Vienna , Austria
₽39000
₽37438
₽32019
₽836
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
134 000
chamber of commerce
-
-
-
536
income
-
-
-
28 667
pensions
-
-
-
21 811
unemployment
-
-
-
6 190
health
-
-
-
9 018
surtax
-
-
-
199
total
-
-
-
66 421
Employee
50 434
40 217
103 896
-
other
504
402
1 040
-
health
1 952
1 557
4 022
-
income
5 742
2 967
23 667
-
pensions
5 165
4 117
10 638
-
unemployment
1 513
1 207
3 118
-
total
14 876
10 250
42 485
-
Employer
50 434
40 217
103 896
-
accident
655
523
1 350
-
other
2 396
1 909
4 935
-
chamber of commerce
201
161
416
-
unemployment
1 513
1 207
3 118
-
surtax
199
199
199
-
pensions
6 329
5 048
13 038
-
payroll
1 513
1 207
3 118
-
health
1 906
1 521
3 928
-
total
14 712
11 775
30 102
-
Corporate
68 854
82 009
100 068
-
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.

17 213
20 501
25 017
-
total
17 213
20 501
25 017
-
Dividends
51 641
61 507
-
-
withholding
14 201
16 914
-
-
total
14 201
16 914
-
-
Income
134 000
134 000
134 000
134 000
Total tax
61 002
59 440
97 604
66 421
After tax
72 998
74 560
36 396
67 579
Living cost
35 560
35 560
35 560
35 560
Free-cash
37 438
39 000
836
32 019

Estimated living cost  is ₽35560 per week

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

Additional information

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

Source of data for Vienna model

Close
Brussels , Belgium
₽38236
₽23104
₽22763
₽12827
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
134 000
national
-
-
-
46 484
communal

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

-
-
-
6 768
social contributions
-
-
-
21 189
total
-
-
-
74 441
Employee

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

72 187
-
103 785
-
communal

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

3 765
-
5 414
-
health

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

3 392
-
4 878
-
pensions

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

5 414
-
7 783
-
unemployment

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

628
-
902
-
national
22 193
-
35 188
-
total
35 392
-
54 165
-
Employer

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

72 187
-
103 785
-
accident

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

938
-
1 350
-
unemployment

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

1 053
-
1 515
-
surtax
8 185
-
11 770
-
pensions

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

6 396
-
9 194
-
health

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

4 439
-
6 383
-
total
21 011
-
30 212
-
Corporate
40 800
134 000
-
-
surtax
163
536
-
-
income
8 160
26 800
-
-
total
8 323
27 336
-
-
Dividends
32 477
106 664
-
-
withholding

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

9 374
31 632
-
-
total
9 374
31 632
-
-
Income
134 000
134 000
134 000
134 000
Total tax
74 100
58 968
84 377
74 441
After tax
59 900
75 032
49 623
59 559
Living cost
36 796
36 796
36 796
36 796
Free-cash
23 104
38 236
12 827
22 763

Estimated living cost  is ₽36796 per week

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

Source of data for Brussels model

Close
Barcelona , Spain
₽53403
₽45724
₽38526
₽33675
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
134 000
accident
-
-
-
843
income
-
-
-
30 965
pensions
-
-
-
26 471
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
59 028
Employee
50 235
-
104 180
-
other
50
-
94
-
income
10 599
-
28 117
-
pensions
2 361
-
4 397
-
unemployment
779
-
1 450
-
total
13 789
-
34 058
-
Employer
50 235
-
104 180
-
accident
994
-
1 852
-
other
400
-
749
-
unemployment
2 764
-
5 144
-
pensions
11 855
-
22 076
-
total
16 013
-
29 821
-
Corporate
67 753
134 000
-
-
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.

10 164
20 099
-
-
total
10 164
20 099
-
-
Dividends
57 590
113 901
-
-
withholding
11 864
24 052
-
-
total
11 864
24 052
-
-
Income
134 000
134 000
134 000
134 000
Total tax
51 830
44 151
63 879
59 028
After tax
82 170
89 849
70 121
74 972
Living cost
36 446
36 446
36 446
36 446
Free-cash
45 724
53 403
33 675
38 526

Estimated living cost  is ₽36446 per week

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

Source of data for Barcelona model

Close
Luxembourg , Luxembourg
₽25675
₽15320
₽16304
₽21650
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
134 000
accident
-
-
-
1 130
income
-
-
-
17 107
pensions
-
-
-
20 086
health
-
-
-
9 417
surtax
-
-
-
6 644
communal
-
-
-
8 469
total
-
-
-
62 853
Employee
76 425
-
119 696
-
health
3 401
-
5 326
-
surtax
4 684
-
7 335
-
income
7 382
-
20 966
-
pensions
6 113
-
9 576
-
total
21 580
-
43 203
-
Employer
76 425
-
119 696
-
accident
688
-
1 078
-
pensions
6 113
-
9 576
-
health
2 331
-
3 650
-
total
9 132
-
14 304
-
Corporate
48 444
134 000
-
-
surtax
509
1 408
-
-
communal
3 269
9 045
-
-
income
7 266
20 099
-
-
total
11 044
30 552
-
-
Dividends
37 400
103 448
-
-
income
16 472
7 412
-
-
withholding
5 609
15 518
-
-
total
22 081
22 930
-
-
Income
134 000
134 000
134 000
134 000
Total tax
63 837
53 482
57 507
62 853
After tax
70 163
80 518
76 493
71 147
Living cost
54 843
54 843
54 843
54 843
Free-cash
15 320
25 675
21 650
16 304

Estimated living cost  is ₽54843 per week

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

Source of data for Luxembourg model

Close
Athens , Greece
₽61618
₽58410
₽41003
₽38786
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
134 000
income
-
-
-
29 682
pensions
-
-
-
26 800
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
9 514
surtax
-
-
-
4 104
total
-
-
-
70 330
Employee
33 986
-
110 697
-
other
-
-
-
-
health
868
-
2 823
-
surtax
121
-
3 754
-
income
5 697
-
27 581
-
pensions
2 267
-
7 383
-
unemployment
2 365
-
7 705
-
total
11 318
-
49 246
-
Employer
33 986
-
110 697
-
other
-
-
-
-
unemployment
1 078
-
3 508
-
pensions
4 531
-
14 756
-
health
1 545
-
5 037
-
total
7 154
-
23 301
-
Corporate
92 859
134 000
-
-
income
24 144
34 840
-
-
total
24 144
34 840
-
-
Dividends
68 716
99 160
-
-
withholding
10 307
14 875
-
-
total
10 307
14 875
-
-
Income
134 000
134 000
134 000
134 000
Total tax
52 923
49 715
72 547
70 330
After tax
81 077
84 285
61 453
63 670
Living cost
22 667
22 667
22 667
22 667
Free-cash
58 410
61 618
38 786
41 003

Estimated living cost  is ₽22667 per week

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

Source of data for Athens model

Close
Naples , Italy
₽43249
₽41007
₽38757
₽32414
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
134 000
municipal
-
-
-
797
regional
-
-
-
2 021
national
-
-
-
30 776
social contributions
-
-
-
34 464
total
-
-
-
68 058
Employee
55 981
-
134 000
-
social contributions
18 877
-
45 185
-
regional
754
-
1 803
-
municipal
297
-
711
-
national
8 869
-
26 702
-
total
28 797
-
74 401
-
Employer
55 981
-
134 000
-
total
-
-
-
-
Corporate
78 019
134 000
-
-
nationa
18 724
32 160
-
-
municipal
3 878
6 659
-
-
total
22 602
38 819
-
-
Dividends
55 417
95 181
-
-
withholding
14 409
24 747
-
-
total
14 409
24 747
-
-
Income
134 000
134 000
134 000
134 000
Total tax
65 808
63 566
74 401
68 058
After tax
68 192
70 434
59 599
65 942
Living cost
27 185
27 185
27 185
27 185
Free-cash
41 007
43 249
32 414
38 757

Estimated living cost  is ₽27185 per week

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

Source of data for Naples model

Close
Prague , Czech Republic
₽62474
₽51849
₽39175
₽38215
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
134 000
income
-
-
-
12 169
health
-
-
-
18 090
solidarity contribution
-
-
-
-
social contributions
-
-
-
34 781
total
-
-
-
65 040
Employee
43 801
-
100 000
-
social contributions
2 847
-
6 500
-
health
5 913
-
13 500
-
solidarity contribution
-
-
-
-
income
5 256
-
12 000
-
total
14 016
-
32 000
-
Employer
43 801
-
100 000
-
social contributions
10 950
-
25 000
-
health
3 942
-
9 000
-
total
14 892
-
34 000
-
Corporate
75 306
134 000
-
-
income
14 308
25 460
-
-
total
14 308
25 460
-
-
Dividends
60 998
108 540
-
-
withholding
9 150
16 281
-
-
total
9 150
16 281
-
-
Income
134 000
134 000
134 000
134 000
Total tax
52 366
41 741
66 000
65 040
After tax
81 634
92 259
68 000
68 960
Living cost
29 785
29 785
29 785
29 785
Free-cash
51 849
62 474
38 215
39 175

Estimated living cost  is ₽29785 per week

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

Source of data for Prague model

Close
Graz , Austria
₽42470
₽41974
₽35581
₽4232
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
134 000
chamber of commerce
-
-
-
536
income
-
-
-
28 667
pensions
-
-
-
21 811
unemployment
-
-
-
6 190
health
-
-
-
9 018
surtax
-
-
-
-
total
-
-
-
66 222
Employee
44 114
40 217
104 053
-
other
440
402
1 040
-
health
1 706
1 557
4 027
-
income
3 930
2 967
23 723
-
pensions
4 518
4 117
10 656
-
unemployment
1 323
1 207
3 122
-
total
11 917
10 250
42 568
-
Employer
44 114
40 217
104 053
-
accident
573
523
1 352
-
other
2 095
1 909
4 943
-
chamber of commerce
176
161
416
-
unemployment
1 323
1 207
3 122
-
surtax
-
-
-
-
pensions
5 537
5 048
13 059
-
payroll
1 323
1 207
3 122
-
health
1 668
1 521
3 934
-
total
12 695
11 576
29 948
-
Corporate
77 190
82 208
100 223
-
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.

19 297
20 551
25 055
-
total
19 297
20 551
25 055
-
Dividends
57 894
61 657
-
-
withholding
15 920
16 956
-
-
total
15 920
16 956
-
-
Income
134 000
134 000
134 000
134 000
Total tax
59 829
59 333
97 571
66 222
After tax
74 171
74 667
36 429
67 778
Living cost
32 197
32 197
32 197
32 197
Free-cash
41 974
42 470
4 232
35 581

Estimated living cost  is ₽32197 per week

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

Additional information

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

Source of data for Graz model

Close
Tbilisi , Georgia
₽113151
₽110498
₽118511
₽93051
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
134 000
microenterprise

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

-
-
-
1 340
total
-
-
-
1 340
Employee
17 686
-
134 000
-
income
3 537
-
26 800
-
total
3 537
-
26 800
-
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%.

116 314
134 000
-
-
total
-
-
-
-
Dividends
116 314
134 000
-
-
withholding
5 816
6 700
-
-
total
5 816
6 700
-
-
Income
134 000
134 000
134 000
134 000
Total tax
9 353
6 700
26 800
1 340
After tax
124 647
127 300
107 200
132 660
Living cost
14 149
14 149
14 149
14 149
Free-cash
110 498
113 151
93 051
118 511

Estimated living cost  is ₽14149 per week

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

Additional information

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

Source of data for Tbilisi model

Close
Ljubljana , Slovenia
₽65191
₽56749
₽40598
₽36967
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
134 000
income
-
-
-
28 475
pensions
-
-
-
24 471
unemployment
-
-
-
201
health
-
-
-
13 186
total
-
-
-
66 333
Employee

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

44 626
-
115 946
-
health
2 882
-
7 492
-
income
7 696
-
26 284
-
pensions
6 917
-
17 971
-
unemployment
63
-
163
-
total
17 558
-
51 910
-
Employer

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

44 626
-
115 946
-
unemployment
27
-
69
-
pensions
3 949
-
10 261
-
health
2 972
-
7 724
-
total
6 948
-
18 054
-
Corporate
82 426
134 000
-
-
income
15 662
25 460
-
-
total
15 662
25 460
-
-
Dividends
66 764
108 540
-
-
withholding
10 014
16 280
-
-
total
10 014
16 280
-
-
Income
134 000
134 000
134 000
134 000
Total tax
50 182
41 740
69 964
66 333
After tax
83 818
92 260
64 036
67 667
Living cost
27 069
27 069
27 069
27 069
Free-cash
56 749
65 191
36 967
40 598

Estimated living cost  is ₽27069 per week

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

Source of data for Ljubljana model

Close
Oslo , Norway
₽37942
-₽16609
₽49021
₽77128
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
134 000
income
-
-
-
26 119
social contributions
-
-
-
15 276
total
-
-
-
41 395
Employee
62 493
-
-
-
social contributions
5 124
-
730
-
income
13 785
-
-
-
total
18 909
-
730
-
Employer
62 493
-
-
-
social contributions
88 116
-
12 558
-
total
88 116
-
12 558
-
Corporate
-
134 000
-
-
income
-
29 480
-
-
total
-
29 480
-
-
Dividends
-
104 520
-
-
income
-
22 994
-
-
total
-
22 994
-
-
Income
134 000
134 000
134 000
134 000
Total tax
107 025
52 474
13 288
41 395
After tax
26 975
81 526
120 712
92 605
Living cost
43 584
43 584
43 584
43 584
Free-cash
-16 609
37 942
77 128
49 021

Estimated living cost  is ₽43584 per week

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

Source of data for Oslo model

Close
Lisbon , Portugal
₽44564
₽43550
₽41587
₽32759
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
134 000
income
-
-
-
14 194
surtax
-
-
-
-
social contributions

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

-
-
-
46 564
total
-
-
-
60 758
Employee
46 415
-
108 282
-
social contributions
5 106
-
11 910
-
surtax
-
-
-
-
income
9 654
-
31 960
-
total
14 760
-
43 870
-
Employer
46 415
-
108 282
-
social contributions
11 023
-
25 716
-
total
11 023
-
25 716
-
Corporate
76 562
134 000
-
-
surtax
-
-
-
-
income
16 077
28 141
-
-
total
16 077
28 141
-
-
Dividends
60 485
105 859
-
-
withholding
16 935
29 640
-
-
total
16 935
29 640
-
-
Income
134 000
134 000
134 000
134 000
Total tax
58 795
57 781
69 586
60 758
After tax
75 205
76 219
64 414
73 242
Living cost
31 655
31 655
31 655
31 655
Free-cash
43 550
44 564
32 759
41 587

Estimated living cost  is ₽31655 per week

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

Source of data for Lisbon model

Close
Paris , France
₽18794
₽25729
₽27478
₽29808
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
134 000
income
-
-
-
17 440
pensions
-
-
-
28 066
other
-
-
-
4 154
health
-
-
-
4 301
surtax
-
-
-
-
social contributions
-
-
-
3 819
total
-
-
-
57 780
Employee
63 207
-
106 275
-
social contributions
1 800
-
3 030
-
surtax
-
-
-
-
income
5 515
-
18 379
-
pensions
7 149
-
6 324
-
total
14 464
-
27 733
-
Employer
63 207
-
106 275
-
other
2 181
-
3 691
-
social contributions
190
-
318
-
unemployment
2 561
-
4 303
-
pensions
10 386
-
10 834
-
health
4 424
-
8 571
-
total
19 742
-
27 717
-
Corporate
51 052
134 000
-
-
surtax
-
-
-
-
income
14 294
37 521
-
-
total
14 294
37 521
-
-
Dividends
36 758
96 479
-
-
surtax
-
-
-
-
social contributions
6 324
16 594
-
-
withholding
4 705
12 349
-
-
total
11 029
28 943
-
-
Income
134 000
134 000
134 000
134 000
Total tax
59 529
66 464
55 450
57 780
After tax
74 471
67 536
78 550
76 220
Living cost
48 742
48 742
48 742
48 742
Free-cash
25 729
18 794
29 808
27 478

Estimated living cost  is ₽48742 per week

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

Source of data for Paris model

Close
Andorra , Andorra
₽90264
₽86874
₽69861
₽73422
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
134 000
income
-
-
-
4 324
social contributions
-
-
-
29 479
total
-
-
-
33 803
Employee
32 444
-
116 017
-
income
-
-
4 719
-
social contributions
2 109
-
7 540
-
total
2 109
-
12 259
-
Employer
32 444
-
116 017
-
social contributions
5 029
-
17 983
-
total
5 029
-
17 983
-
Corporate
96 527
134 000
-
-
income
9 652
13 400
-
-
total
9 652
13 400
-
-
Dividends
86 875
120 600
-
-
total
-
-
-
-
Income
134 000
134 000
134 000
134 000
Total tax
16 790
13 400
30 242
33 803
After tax
117 210
120 600
103 758
100 197
Living cost
30 336
30 336
30 336
30 336
Free-cash
86 874
90 264
73 422
69 861

Estimated living cost  is ₽30336 per week

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

Additional information

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

Source of data for Andorra model

Close
Copenhagen , Denmark
-₽85973
-₽85973
₽32940
-₽85973
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
134 000
municipal
-
-
-
26 611
pensions
-
-
-
875
national
-
-
-
14 301
labour market
-
-
-
10 650
total
-
-
-
52 437
Employee
205 227
205 227
205 227
-
labour market
16 395
16 395
16 395
-
national
25 072
25 072
25 072
-
municipal
43 702
43 702
43 702
-
pensions
292
292
292
-
total
85 461
85 461
85 461
-
Employer
205 227
205 227
205 227
-
labour market
16 418
16 418
16 418
-
municipal
43 772
43 772
43 772
-
pensions
583
583
583
-
national
25 116
25 116
25 116
-
total
85 889
85 889
85 889
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
134 000
134 000
134 000
134 000
Total tax
171 350
171 350
171 350
52 437
After tax
-37 350
-37 350
-37 350
81 563
Living cost
48 623
48 623
48 623
48 623
Free-cash
-85 973
-85 973
-85 973
32 940

Estimated living cost  is ₽48623 per week

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

Source of data for Copenhagen model

Close
Krakow , Poland
-₽10892
₽7520
₽70011
₽49539
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
134 000
accident
-
-
-
253
income
-
-
-
35 256
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
42 243
Employee
34 209
-
118 082
-
health
3 917
-
13 521
-
income
4 693
-
25 622
-
pensions
3 852
-
7 654
-
total
12 462
-
46 797
-
Employer
34 209
-
118 082
-
accident
571
-
1 972
-
unemployment
838
-
2 893
-
pensions
5 562
-
11 053
-
total
6 971
-
15 918
-
Corporate
92 820
134 000
-
-
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.

83 537
120 600
-
-
total
83 537
120 600
-
-
Dividends
9 282
13 400
-
-
withholding
1 764
2 546
-
-
total
1 764
2 546
-
-
Income
134 000
134 000
134 000
134 000
Total tax
104 734
123 146
62 715
42 243
After tax
29 266
10 854
71 285
91 757
Living cost
21 746
21 746
21 746
21 746
Free-cash
7 520
-10 892
49 539
70 011

Estimated living cost  is ₽21746 per week

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

Additional information

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

Source of data for Krakow model

Close
Helsinki , Finland
₽47823
₽48521
₽52706
₽34332
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
134 000
municipal
-
-
-
23 824
health
-
-
-
1 643
national
-
-
-
17 082
total
-
-
-
42 549
Employee
53 095
-
112 727
-
health
396
-
1 316
-
municipal
8 697
-
18 379
-
pensions
3 583
-
7 609
-
unemployment
797
-
1 691
-
national
877
-
10 655
-
total
14 350
-
39 650
-
Employer
53 095
-
112 727
-
accident
54
-
113
-
unemployment
345
-
733
-
pensions
9 212
-
19 559
-
health
408
-
868
-
total
10 019
-
21 273
-
Corporate
70 887
134 000
-
-
income
14 178
26 800
-
-
total
14 178
26 800
-
-
Dividends

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

42 532
80 400
-
-
national
530
6 159
-
-
municipal
7 657
14 473
-
-
total
8 187
20 632
-
-
Income
134 000
134 000
134 000
134 000
Total tax
46 734
47 432
60 923
42 549
After tax
87 266
86 568
73 077
91 451
Living cost
38 745
38 745
38 745
38 745
Free-cash
48 521
47 823
34 332
52 706

Estimated living cost  is ₽38745 per week

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

Additional information

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

Source of data for Helsinki model

Close
Larnaca , Cyprus
₽74530
₽69040
₽70383
₽68985
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
134 000
income
-
-
-
20 507
health
-
-
-
3 417
social contributions
-
-
-
16 328
total
-
-
-
40 252
Employee
77 601
77 601
123 036
-
social contributions
2 934
6 441
8 687
-
health
601
1 320
2 091
-
income
8 449
7 184
19 908
-
total
11 984
14 945
30 686
-
Employer
77 601
77 601
123 036
-
social contributions
2 934
6 441
8 687
-
health
653
1 436
2 277
-
total
3 587
7 877
10 964
-
Corporate
95 063
48 522
-
-
income
11 883
6 065
-
-
total
11 883
6 065
-
-
Dividends
83 180
42 457
-
-
withholding
14 141
7 218
-
-
total
14 141
7 218
-
-
Income
134 000
134 000
134 000
134 000
Total tax
41 595
36 105
41 650
40 252
After tax
92 405
97 895
92 350
93 748
Living cost
23 365
23 365
23 365
23 365
Free-cash
69 040
74 530
68 985
70 383

Estimated living cost  is ₽23365 per week

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

Source of data for Larnaca model

Close
Podgorica , Montenegro
₽94942
₽89807
₽94605
₽74362
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
134 000
income
-
-
-
13 272
pensions
-
-
-
6 419
unemployment
-
-
-
29
health
-
-
-
3 652
total
-
-
-
23 372
Employee

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

23 164
-
124 137
-
health
1 969
-
8 139
-
income
1 584
-
10 771
-
pensions
3 474
-
14 363
-
unemployment
115
-
479
-
total
7 142
-
33 752
-
Employer

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

23 164
-
124 137
-
unemployment
115
-
479
-
pensions
1 274
-
5 267
-
health
996
-
4 117
-
total
2 385
-
9 863
-
Corporate
108 451
134 000
-
-
income
9 761
12 059
-
-
total
9 761
12 059
-
-
Dividends
98 690
121 941
-
-
withholding
8 882
10 976
-
-
total
8 882
10 976
-
-
Income
134 000
134 000
134 000
134 000
Total tax
28 170
23 035
43 615
23 372
After tax
105 830
110 965
90 385
110 628
Living cost
16 023
16 023
16 023
16 023
Free-cash
89 807
94 942
74 362
94 605

Estimated living cost  is ₽16023 per week

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

Source of data for Podgorica model

Close
Valencia , Spain
₽62098
₽57167
₽47221
₽42370
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
134 000
accident
-
-
-
843
income
-
-
-
30 965
pensions
-
-
-
26 471
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
59 028
Employee
37 315
-
104 180
-
other
36
-
94
-
income
7 194
-
28 117
-
pensions
1 754
-
4 397
-
unemployment
578
-
1 450
-
total
9 562
-
34 058
-
Employer
37 315
-
104 180
-
accident
739
-
1 852
-
other
299
-
749
-
unemployment
2 053
-
5 144
-
pensions
8 806
-
22 076
-
total
11 897
-
29 821
-
Corporate
84 788
134 000
-
-
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.

12 718
20 099
-
-
total
12 718
20 099
-
-
Dividends
72 070
113 901
-
-
withholding
14 905
24 052
-
-
total
14 905
24 052
-
-
Income
134 000
134 000
134 000
134 000
Total tax
49 082
44 151
63 879
59 028
After tax
84 918
89 849
70 121
74 972
Living cost
27 751
27 751
27 751
27 751
Free-cash
57 167
62 098
42 370
47 221

Estimated living cost  is ₽27751 per week

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

Source of data for Valencia model

Close
Istanbul , Turkey
₽80860
₽80406
₽82726
₽82528
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
134 000
income
-
-
-
45 051
pensions
-
-
-
2 010
health
-
-
-
1 457
total
-
-
-
48 518
Employee
4 198
-
131 738
-
health
210
-
503
-
income
812
-
44 945
-
pensions
378
-
905
-
unemployment
42
-
101
-
total
1 442
-
46 454
-
Employer
4 198
-
131 738
-
unemployment
84
-
201
-
pensions
462
-
1 106
-
health
399
-
955
-
total
945
-
2 262
-
Corporate
128 858
134 000
-
-
income
28 349
29 480
-
-
total
28 349
29 480
-
-
Dividends
100 509
104 520
-
-
withholding
20 102
20 904
-
-
total
20 102
20 904
-
-
Income
134 000
134 000
134 000
134 000
Total tax
50 838
50 384
48 716
48 518
After tax
83 162
83 616
85 284
85 482
Living cost
2 756
2 756
2 756
2 756
Free-cash
80 406
80 860
82 528
82 726

Estimated living cost  is ₽2756 per week

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

Source of data for Istanbul model

Close
Belgrade , Serbia
₽79362
₽74397
₽59070
₽59071
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
134 000
income
-
-
-
29 284
pensions
-
-
-
19 392
unemployment
-
-
-
1 119
health
-
-
-
7 682
total
-
-
-
57 477
Employee

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

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

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

26 319
-
120 649
-
health
1 355
-
3 841
-
income
3 628
-
29 284
-
pensions
3 685
-
10 442
-
unemployment
197
-
559
-
total
8 865
-
44 126
-
Employer

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

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

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

26 319
-
120 649
-
unemployment
197
-
559
-
pensions
3 158
-
8 950
-
health
1 355
-
3 841
-
total
4 710
-
13 350
-
Corporate
102 970
134 000
-
-
income
15 446
20 100
-
-
total
15 446
20 100
-
-
Dividends
87 525
113 900
-
-
withholding
13 129
17 085
-
-
total
13 129
17 085
-
-
Income
134 000
134 000
134 000
134 000
Total tax
42 150
37 185
57 476
57 477
After tax
91 850
96 815
76 524
76 523
Living cost
17 453
17 453
17 453
17 453
Free-cash
74 397
79 362
59 071
59 070

Estimated living cost  is ₽17453 per week

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

Source of data for Belgrade model

Close
Porto , Portugal
₽49012
₽48648
₽46035
₽37207
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
134 000
income
-
-
-
14 194
surtax
-
-
-
-
social contributions

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

-
-
-
46 564
total
-
-
-
60 758
Employee
39 169
-
108 282
-
social contributions
4 309
-
11 910
-
surtax
-
-
-
-
income
7 653
-
31 960
-
total
11 962
-
43 870
-
Employer
39 169
-
108 282
-
social contributions
9 302
-
25 716
-
total
9 302
-
25 716
-
Corporate
85 530
134 000
-
-
surtax
-
-
-
-
income
17 962
28 141
-
-
total
17 962
28 141
-
-
Dividends
67 568
105 859
-
-
withholding
18 919
29 640
-
-
total
18 919
29 640
-
-
Income
134 000
134 000
134 000
134 000
Total tax
58 145
57 781
69 586
60 758
After tax
75 855
76 219
64 414
73 242
Living cost
27 207
27 207
27 207
27 207
Free-cash
48 648
49 012
37 207
46 035

Estimated living cost  is ₽27207 per week

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

Source of data for Porto model

Close
Madrid , Spain
₽54382
₽47048
₽39505
₽34654
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
134 000
accident
-
-
-
843
income
-
-
-
30 965
pensions
-
-
-
26 471
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
59 028
Employee
48 739
-
104 180
-
other
48
-
94
-
income
10 180
-
28 117
-
pensions
2 290
-
4 397
-
unemployment
755
-
1 450
-
total
13 273
-
34 058
-
Employer
48 739
-
104 180
-
accident
965
-
1 852
-
other
391
-
749
-
unemployment
2 681
-
5 144
-
pensions
11 502
-
22 076
-
total
15 539
-
29 821
-
Corporate
69 722
134 000
-
-
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.

10 458
20 099
-
-
total
10 458
20 099
-
-
Dividends
59 263
113 901
-
-
withholding
12 215
24 052
-
-
total
12 215
24 052
-
-
Income
134 000
134 000
134 000
134 000
Total tax
51 485
44 151
63 879
59 028
After tax
82 515
89 849
70 121
74 972
Living cost
35 467
35 467
35 467
35 467
Free-cash
47 048
54 382
34 654
39 505

Estimated living cost  is ₽35467 per week

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

Source of data for Madrid model

Close
Sofia , Bulgaria
₽97199
₽91046
₽87112
₽91893
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
134 000
income
-
-
-
20 100
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
29 517
Employee
23 001
-
127 080
-
health
1 058
-
1 622
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
income
2 300
-
12 708
-
pensions

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

2 019
-
3 097
-
total
5 630
-
17 815
-
Employer
23 001
-
127 080
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
unemployment
138
-
212
-
pensions

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

2 535
-
3 887
-
health
1 587
-
2 434
-
total
4 513
-
6 921
-
Corporate
106 486
134 000
-
-
income
10 648
13 400
-
-
total
10 648
13 400
-
-
Dividends
95 838
120 600
-
-
withholding
4 792
6 030
-
-
total
4 792
6 030
-
-
Income
134 000
134 000
134 000
134 000
Total tax
25 583
19 430
24 736
29 517
After tax
108 417
114 570
109 264
104 483
Living cost
17 371
17 371
17 371
17 371
Free-cash
91 046
97 199
91 893
87 112

Estimated living cost  is ₽17371 per week

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

Source of data for Sofia model

Close
Berlin , Germany
₽30074
₽43275
₽37070
₽49566
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
134 000
trade
-
-
-
12 496
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.

-
-
-
36 567
health

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

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

-
-
-
6 894
surtax

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

-
-
-
2 011
total
-
-
-
57 968
Employee

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

50 213
-
134 000
-
health

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

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

6 894
-
6 894
-
surtax

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

228
-
2 011
-
income

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

4 129
-
36 567
-
total
11 251
-
45 472
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
83 787
134 000
-
-
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.

691
1 105
-
-
income
12 569
20 099
-
-
trade
12 023
19 230
-
-
chamber of commerce
276
350
-
-
total
25 559
40 784
-
-
Dividends
58 228
93 216
-
-
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.

779
1 260
-
-
withholding
14 174
22 920
-
-
total
14 953
24 180
-
-
Income
134 000
134 000
134 000
134 000
Total tax
51 763
64 964
45 472
57 968
After tax
82 237
69 036
88 528
76 032
Living cost
38 962
38 962
38 962
38 962
Free-cash
43 275
30 074
49 566
37 070

Estimated living cost  is ₽38962 per week

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

Additional information

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

Source of data for Berlin model

Close
Dublin , Ireland
₽36312
₽38541
₽26978
₽26978
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
134 000
income
-
-
-
36 920
social contributions
-
-
-
12 615
total
-
-
-
49 535
Employee
78 941
-
134 000
-
income
14 896
-
36 920
-
social contributions
6 558
-
12 615
-
total
21 454
-
49 535
-
Employer
78 941
-
134 000
-
total
-
-
-
-
Corporate
55 059
134 000
-
-
income
6 883
16 750
-
-
total
6 883
16 750
-
-
Dividends
48 177
117 250
-
-
withholding
9 635
23 451
-
-
total
9 635
23 451
-
-
Income
134 000
134 000
134 000
134 000
Total tax
37 972
40 201
49 535
49 535
After tax
96 028
93 799
84 465
84 465
Living cost
57 487
57 487
57 487
57 487
Free-cash
38 541
36 312
26 978
26 978

Estimated living cost  is ₽57487 per week

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

Additional information

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

Source of data for Dublin model

Close
Sliema , Malta
₽45135
₽48662
₽61898
₽61313
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
134 000
income
-
-
-
28 727
health

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

-
-
-
6 741
total
-
-
-
35 468
Employee
46 295
-
129 358
-
income
5 023
-
26 769
-
social contributions
4 638
-
4 642
-
total
9 661
-
31 411
-
Employer
46 295
-
129 358
-
social contributions
4 638
-
4 642
-
total
4 638
-
4 642
-
Corporate
83 066
134 000
-
-
income
29 073
46 899
-
-
total
29 073
46 899
-
-
Dividends
53 993
87 101
-
-
social contributions
5 332
5 332
-
-
total
5 332
5 332
-
-
Income
134 000
134 000
134 000
134 000
Total tax
48 704
52 231
36 053
35 468
After tax
85 296
81 769
97 947
98 532
Living cost
36 634
36 634
36 634
36 634
Free-cash
48 662
45 135
61 313
61 898

Estimated living cost  is ₽36634 per week

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

Source of data for Sliema model

Close
Edinburgh , United Kingdom
₽54884
₽57070
₽54576
₽42204
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
134 000
income
-
-
-
33 585
pensions
-
-
-
8 224
total
-
-
-
41 809
Employee
51 632
-
117 467
-
health
674
-
1 876
-
income
9 403
-
25 333
-
pensions
3 941
-
10 440
-
total
14 018
-
37 649
-
Employer
51 632
-
117 467
-
pensions
5 216
-
14 300
-
health
981
-
2 232
-
total
6 197
-
16 532
-
Corporate
76 170
134 000
-
-
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.

14 472
25 460
-
-
total
14 472
25 460
-
-
Dividends
61 698
108 540
-
-
withholding
4 628
16 041
-
-
total
4 628
16 041
-
-
Income
134 000
134 000
134 000
134 000
Total tax
39 315
41 501
54 181
41 809
After tax
94 685
92 499
79 819
92 191
Living cost
37 615
37 615
37 615
37 615
Free-cash
57 070
54 884
42 204
54 576

Estimated living cost  is ₽37615 per week

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

Additional information

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

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

Source of data for Edinburgh model

Close
Warsaw , Poland
-₽13046
₽7188
₽67857
₽47385
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
134 000
accident
-
-
-
253
income
-
-
-
35 256
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
42 243
Employee
37 595
-
118 082
-
health
4 304
-
13 521
-
income
5 158
-
25 622
-
pensions
4 233
-
7 654
-
total
13 695
-
46 797
-
Employer
37 595
-
118 082
-
accident
628
-
1 972
-
unemployment
921
-
2 893
-
pensions
6 113
-
11 053
-
total
7 662
-
15 918
-
Corporate
88 744
134 000
-
-
income

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

79 869
120 600
-
-
total
79 869
120 600
-
-
Dividends
8 874
13 400
-
-
withholding
1 686
2 546
-
-
total
1 686
2 546
-
-
Income
134 000
134 000
134 000
134 000
Total tax
102 912
123 146
62 715
42 243
After tax
31 088
10 854
71 285
91 757
Living cost
23 900
23 900
23 900
23 900
Free-cash
7 188
-13 046
47 385
67 857

Estimated living cost  is ₽23900 per week

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

Additional information

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

Source of data for Warsaw model

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Skopje , Macedonia
₽99130
₽94408
₽62088
₽76748
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
134 000
work injury
-
-
-
670
health insurance
-
-
-
9 916
income
-
-
-
21 431
pensions
-
-
-
24 656
unemployment
-
-
-
1 608
total
-
-
-
58 281
Employee

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

21 810
-
134 000
-
work injury
109
-
403
-
income
2 181
-
21 431
-
pensions
4 013
-
14 848
-
health insurance
1 614
-
5 971
-
unemployment
262
-
968
-
total
8 179
-
43 621
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
112 190
134 000
-
-
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%.

1 122
1 340
-
-
total
1 122
1 340
-
-
Dividends
111 068
132 660
-
-
withholding
16 660
19 899
-
-
total
16 660
19 899
-
-
Income
134 000
134 000
134 000
134 000
Total tax
25 961
21 239
43 621
58 281
After tax
108 039
112 761
90 379
75 719
Living cost
13 631
13 631
13 631
13 631
Free-cash
94 408
99 130
76 748
62 088

Estimated living cost  is ₽13631 per week

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

Source of data for Skopje model

Close
Rome , Italy
₽30378
₽25789
₽24680
₽18552
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
134 000
municipal
-
-
-
896
regional
-
-
-
2 981
national
-
-
-
30 776
social contributions
-
-
-
34 464
total
-
-
-
69 117
Employee
85 040
-
134 000
-
social contributions
28 675
-
45 185
-
regional
1 284
-
2 559
-
municipal
508
-
799
-
national
14 371
-
26 702
-
total
44 838
-
75 245
-
Employer
85 040
-
134 000
-
total
-
-
-
-
Corporate
48 960
134 000
-
-
nationa
11 751
32 160
-
-
municipal
2 359
6 460
-
-
total
14 110
38 620
-
-
Dividends
34 849
95 380
-
-
withholding
9 060
24 799
-
-
total
9 060
24 799
-
-
Income
134 000
134 000
134 000
134 000
Total tax
68 008
63 419
75 245
69 117
After tax
65 992
70 581
58 755
64 883
Living cost
40 203
40 203
40 203
40 203
Free-cash
25 789
30 378
18 552
24 680

Estimated living cost  is ₽40203 per week

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

Source of data for Rome model

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