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
₽ 135000
per

Your estimated
City
free-cash

Dresden , Germany
₽44760
₽58727
₽48996
₽37977
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
135 000
trade
-
-
-
13 967
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.

-
-
-
6 807
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.

-
-
-
37 240
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.

-
-
-
2 048
total
-
-
-
60 062
Employee

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

38 108
-
135 000
-
surtax

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

59
-
2 048
-
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.

1 064
-
37 240
-
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.

6 807
-
6 807
-
total
7 930
-
46 095
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
96 892
135 000
-
-
trade
15 260
21 263
-
-
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.

800
1 114
-
-
income
14 534
20 250
-
-
chamber of commerce
291
346
-
-
total
30 885
42 973
-
-
Dividends
66 007
92 028
-
-
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.

887
1 244
-
-
withholding
16 124
22 628
-
-
total
17 011
23 872
-
-
Income
135 000
135 000
135 000
135 000
Total tax
55 826
66 845
46 095
60 062
After tax
79 174
68 155
88 905
74 938
Living cost
30 178
30 178
30 178
30 178
Free-cash
48 996
37 977
58 727
44 760

Estimated living cost  is ₽30178 per week

₽18983
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3519
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽563
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7113
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30086
₽31146
₽33131
₽33967
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
135 000
social contributions
-
-
-
1 451
municipal
-
-
-
14 508
national
-
-
-
22 482
pensions
-
-
-
16 200
total
-
-
-
54 641
Employee
77 932
-
116 706
-
pensions
3 117
-
4 668
-
national
14 916
-
23 291
-
municipal
9 626
-
15 031
-
total
27 659
-
42 990
-
Employer
77 932
-
116 706
-
pensions
6 235
-
9 336
-
social contributions
838
-
1 255
-
total
7 073
-
10 591
-
Corporate
44 852
135 000
-
-
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%.

8 970
27 000
-
-
total
8 970
27 000
-
-
Dividends
35 882
108 000
-
-
withholding
7 894
23 760
-
-
total
7 894
23 760
-
-
Income
135 000
135 000
135 000
135 000
Total tax
51 596
50 760
53 581
54 641
After tax
83 404
84 240
81 419
80 359
Living cost
50 273
50 273
50 273
50 273
Free-cash
33 131
33 967
31 146
30 086

Estimated living cost  is ₽50273 per week

₽34170
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4673
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽752
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10677
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20538
₽54963
₽79099
₽87273
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
135 000
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.

-
-
-
38 174
income
-
-
-
21 136
microenterprise
-
-
-
-
surtax
-
-
-
34 424
total
-
-
-
93 734
Employee
29 113
-
108 793
-
income
5 182
-
21 136
-
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.

3 203
-
11 966
-
surtax
-
-
-
-
total
8 385
-
33 102
-
Employer
29 113
-
108 793
-
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.

7 013
-
26 207
-
surtax
-
-
-
-
total
7 013
-
26 207
-
Corporate
98 874
135 000
-
-
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%.

19 775
26 999
-
-
total
19 775
26 999
-
-
Dividends

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

79 099
108 001
-
-
total
-
-
-
-
Income
135 000
135 000
135 000
135 000
Total tax
35 173
26 999
59 309
93 734
After tax
99 827
108 001
75 691
41 266
Living cost
20 728
20 728
20 728
20 728
Free-cash
79 099
87 273
54 963
20 538

Estimated living cost  is ₽20728 per week

₽13224
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1974
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.
₽5060
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35611
₽36860
₽18391
₽24495
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
135 000
health
-
-
-
12 286
income
-
-
-
33 692
pensions
-
-
-
11 673
total
-
-
-
57 651
Employee
85 082
85 082
116 484
-
income

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

13 927
13 927
13 927
-
pensions
15 315
11 673
11 673
-
health
13 059
11 108
12 286
-
total
42 301
36 708
37 886
-
Employer
85 082
85 082
116 484
-
pensions
5 922
5 922
7 361
-
health
5 914
5 914
7 349
-
unemployment
3 063
3 063
3 806
-
total
14 899
14 899
18 516
-
Corporate
36 062
35 019
-
-
income
7 213
7 003
-
-
total
7 213
7 003
-
-
Dividends
28 849
28 015
-
-
withholding
4 328
4 203
-
-
income
6 130
5 954
-
-
total
10 458
10 157
-
-
Income
135 000
135 000
135 000
135 000
Total tax
74 871
68 767
56 402
57 651
After tax
60 129
66 233
78 598
77 349
Living cost
41 738
41 738
41 738
41 738
Free-cash
18 391
24 495
36 860
35 611

Estimated living cost  is ₽41738 per week

₽29578
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3763
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽664
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7733
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33152
₽32123
₽34621
₽35478
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
135 000
other
-
-
-
9 737
unemployment
-
-
-
84
accident
-
-
-
168
municipal
-
-
-
33 018
health
-
-
-
5 229
national
-
-
-
6 322
pensions
-
-
-
9 058
total
-
-
-
63 616
Employee
54 477
-
108 673
-
national
-
-
5 911
-
municipal
16 245
-
32 406
-
total
16 245
-
38 317
-
Employer
54 477
-
108 673
-
pensions
5 889
-
9 058
-
other
6 330
-
9 737
-
accident
109
-
168
-
health
3 350
-
5 153
-
unemployment
1 438
-
2 212
-
total
17 116
-
26 328
-
Corporate
63 406
135 000
-
-
income
13 949
29 700
-
-
total
13 949
29 700
-
-
Dividends
49 457
105 300
-
-
withholding
14 837
31 590
-
-
total
14 837
31 590
-
-
Income
135 000
135 000
135 000
135 000
Total tax
62 147
61 290
64 645
63 616
After tax
72 853
73 710
70 355
71 384
Living cost
38 232
38 232
38 232
38 232
Free-cash
34 621
35 478
32 123
33 152

Estimated living cost  is ₽38232 per week

₽25339
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3752
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽581
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8561
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35178
₽49765
₽42318
₽28321
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
135 000
trade
-
-
-
14 587
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.

-
-
-
6 807
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.

-
-
-
37 240
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.

-
-
-
2 048
total
-
-
-
60 682
Employee

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

50 526
-
135 000
-
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.

238
-
2 048
-
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.

4 341
-
37 240
-
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.

6 807
-
6 807
-
total
11 386
-
46 095
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
84 474
135 000
-
-
trade
13 897
22 208
-
-
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.

698
1 114
-
-
income
12 672
20 250
-
-
chamber of commerce
272
344
-
-
total
27 539
43 916
-
-
Dividends
56 936
91 084
-
-
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.

762
1 231
-
-
withholding
13 855
22 392
-
-
total
14 617
23 623
-
-
Income
135 000
135 000
135 000
135 000
Total tax
53 542
67 539
46 095
60 682
After tax
81 458
67 461
88 905
74 318
Living cost
39 140
39 140
39 140
39 140
Free-cash
42 318
28 321
49 765
35 178

Estimated living cost  is ₽39140 per week

₽26177
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4127
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.
₽8251
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61985
₽60686
₽62167
₽66300
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
135 000
social contributions
-
-
-
16 120
health
-
-
-
3 443
income
-
-
-
21 136
total
-
-
-
40 699
Employee
76 613
76 613
124 126
-
income
8 045
7 092
20 439
-
social contributions
3 723
6 358
8 576
-
health
762
1 303
2 110
-
total
12 530
14 753
31 125
-
Employer
76 613
76 613
124 126
-
health
830
1 418
2 297
-
social contributions
3 723
6 358
8 576
-
total
4 553
7 776
10 873
-
Corporate
85 601
50 611
-
-
income
10 700
6 326
-
-
total
10 700
6 326
-
-
Dividends
74 902
44 284
-
-
withholding
12 734
7 529
-
-
total
12 734
7 529
-
-
Income
135 000
135 000
135 000
135 000
Total tax
40 517
36 384
41 998
40 699
After tax
94 483
98 616
93 002
94 301
Living cost
32 316
32 316
32 316
32 316
Free-cash
62 167
66 300
60 686
61 985

Estimated living cost  is ₽32316 per week

₽22091
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2524
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽543
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7158
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75165
₽59904
₽57953
₽57570
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
135 000
unemployment
-
-
-
2 025
health
-
-
-
9 450
income
-
-
-
16 504
pensions
-
-
-
13 500
total
-
-
-
41 479
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.

26 497
10 546
112 971
-
income
3 239
1 289
13 811
-
pensions
2 650
1 055
11 297
-
unemployment
397
158
1 695
-
health
1 855
738
7 908
-
total
8 141
3 240
34 711
-
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.

26 497
10 546
112 971
-
pensions
5 167
2 056
22 029
-
total
5 167
2 056
22 029
-
Corporate
103 336
122 398
-
-
income
9 300
11 016
-
-
total
9 300
11 016
-
-
Dividends
94 036
111 382
-
-
social contributions
18 216
21 599
-
-
withholding
17 867
21 163
-
-
total
36 083
42 762
-
-
Income
135 000
135 000
135 000
135 000
Total tax
58 691
59 074
56 740
41 479
After tax
76 309
75 926
78 260
93 521
Living cost
18 356
18 356
18 356
18 356
Free-cash
57 953
57 570
59 904
75 165

Estimated living cost  is ₽18356 per week

₽12526
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1502
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽367
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3961
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48296
₽53746
₽77745
₽83936
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
135 000
health
-
-
-
17 550
income
-
-
-
18 090
pensions
-
-
-
26 999
total
-
-
-
62 639
Employee
28 264
-
100 897
-
income
3 182
-
19 454
-
pensions
565
-
2 017
-
unemployment
452
-
1 615
-
total
4 199
-
23 086
-
Employer
28 264
-
100 897
-
pensions
5 653
-
20 180
-
health
3 674
-
13 116
-
unemployment
227
-
807
-
total
9 554
-
34 103
-
Corporate
97 182
135 000
-
-
income
19 437
26 999
-
-
total
19 437
26 999
-
-
Dividends
77 745
108 001
-
-
total
-
-
-
-
Income
135 000
135 000
135 000
135 000
Total tax
33 190
26 999
57 189
62 639
After tax
101 810
108 001
77 811
72 361
Living cost
24 065
24 065
24 065
24 065
Free-cash
77 745
83 936
53 746
48 296

Estimated living cost  is ₽24065 per week

₽16506
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1433
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.
₽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 Tallinn model

Close
Gdansk , Poland
₽70481
₽49944
₽7568
-₽11018
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
135 000
other
-
-
-
370
accident
-
-
-
252
health
-
-
-
2 176
income
-
-
-
35 616
pensions
-
-
-
4 152
total
-
-
-
42 566
Employee
34 534
-
119 099
-
income
4 738
-
25 952
-
pensions
3 889
-
7 613
-
health
3 954
-
13 637
-
total
12 581
-
47 202
-
Employer
34 534
-
119 099
-
pensions
5 615
-
10 994
-
accident
576
-
1 989
-
unemployment
846
-
2 918
-
total
7 037
-
15 901
-
Corporate
93 428
135 000
-
-
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.

84 086
121 500
-
-
total
84 086
121 500
-
-
Dividends
9 343
13 500
-
-
withholding
1 775
2 565
-
-
total
1 775
2 565
-
-
Income
135 000
135 000
135 000
135 000
Total tax
105 479
124 065
63 103
42 566
After tax
29 521
10 935
71 897
92 434
Living cost
21 953
21 953
21 953
21 953
Free-cash
7 568
-11 018
49 944
70 481

Estimated living cost  is ₽21953 per week

₽16090
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1216
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4189
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽124687
₽99037
₽117607
₽119287
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
135 000
microenterprise

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

-
-
-
1 350
total
-
-
-
1 350
Employee
11 203
-
135 000
-
income
2 240
-
27 000
-
total
2 240
-
27 000
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

123 797
135 000
-
-
total
-
-
-
-
Dividends
123 797
135 000
-
-
withholding
6 190
6 750
-
-
total
6 190
6 750
-
-
Income
135 000
135 000
135 000
135 000
Total tax
8 430
6 750
27 000
1 350
After tax
126 570
128 250
108 000
133 650
Living cost
8 963
8 963
8 963
8 963
Free-cash
117 607
119 287
99 037
124 687

Estimated living cost  is ₽8963 per week

₽5554
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽745
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽246
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2417
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45353
₽50937
₽65907
₽72637
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
135 000
other
-
-
-
6 413
health
-
-
-
5 941
income
-
-
-
18 346
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.

-
-
-
32 399
total
-
-
-
63 099
Employee
36 176
-
107 828
-
income
6 228
-
20 208
-
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.

2 532
-
7 548
-
unemployment
361
-
1 078
-
health
507
-
1 509
-
total
9 628
-
30 343
-
Employer
36 176
-
107 828
-
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.

6 151
-
18 331
-
other
1 809
-
5 392
-
accident
289
-
862
-
health
507
-
1 509
-
unemployment
361
-
1 078
-
total
9 117
-
27 172
-
Corporate
89 707
135 000
-
-
income
18 839
28 349
-
-
total
18 839
28 349
-
-
Dividends
70 868
106 651
-
-
withholding
4 961
7 466
-
-
total
4 961
7 466
-
-
Income
135 000
135 000
135 000
135 000
Total tax
42 545
35 815
57 515
63 099
After tax
92 455
99 185
77 485
71 901
Living cost
26 548
26 548
26 548
26 548
Free-cash
65 907
72 637
50 937
45 353

Estimated living cost  is ₽26548 per week

₽18758
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1792
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽427
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5570
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25828
₽13383
₽20674
₽26010
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
135 000
income
-
-
-
34 246
pensions
-
-
-
8 164
total
-
-
-
42 410
Employee
94 458
-
118 309
-
income
17 027
-
25 949
-
pensions
9 113
-
10 342
-
health
1 557
-
1 873
-
total
27 697
-
38 164
-
Employer
94 458
-
118 309
-
pensions
11 153
-
14 444
-
health
1 794
-
2 247
-
total
12 947
-
16 691
-
Corporate
27 595
135 000
-
-
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.

5 243
25 650
-
-
total
5 243
25 650
-
-
Dividends
22 352
109 350
-
-
withholding
1 677
16 578
-
-
total
1 677
16 578
-
-
Income
135 000
135 000
135 000
135 000
Total tax
47 564
42 228
54 855
42 410
After tax
87 436
92 772
80 145
92 590
Living cost
66 762
66 762
66 762
66 762
Free-cash
20 674
26 010
13 383
25 828

Estimated living cost  is ₽66762 per week

₽50026
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7844
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽543
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8350
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽92377
₽97233
₽97718
₽102351
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
135 000
unemployment
-
-
-
139
health
-
-
-
4 005
income
-
-
-
20 250
pensions

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

-
-
-
5 155
total
-
-
-
29 549
Employee
17 311
-
128 166
-
income
1 731
-
12 817
-
pensions

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

1 520
-
3 058
-
health
796
-
1 602
-
accident

We are using the highest rate at 1.1%.

191
-
383
-
total
4 238
-
17 860
-
Employer
17 311
-
128 166
-
pensions

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

1 908
-
3 838
-
accident

We are using the highest rate at 1.1%.

191
-
383
-
health
1 195
-
2 403
-
unemployment
104
-
209
-
total
3 398
-
6 833
-
Corporate
114 292
135 000
-
-
income
11 429
13 500
-
-
total
11 429
13 500
-
-
Dividends
102 862
121 500
-
-
withholding
5 143
6 075
-
-
total
5 143
6 075
-
-
Income
135 000
135 000
135 000
135 000
Total tax
24 208
19 575
24 693
29 549
After tax
110 792
115 425
110 307
105 451
Living cost
13 074
13 074
13 074
13 074
Free-cash
97 718
102 351
97 233
92 377

Estimated living cost  is ₽13074 per week

₽7633
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽934
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽346
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4161
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22101
₽23350
₽13492
₽10985
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
135 000
health
-
-
-
12 286
income
-
-
-
33 692
pensions
-
-
-
11 673
total
-
-
-
57 651
Employee
92 372
85 082
116 484
-
income

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

13 927
13 927
13 927
-
pensions
11 673
11 673
11 673
-
health
11 524
11 108
12 286
-
total
37 124
36 708
37 886
-
Employer
92 372
85 082
116 484
-
pensions
6 428
5 922
7 361
-
health
6 419
5 914
7 349
-
unemployment
3 326
3 063
3 806
-
total
16 173
14 899
18 516
-
Corporate
26 455
35 019
-
-
income
5 290
7 003
-
-
total
5 290
7 003
-
-
Dividends
21 164
28 015
-
-
withholding
3 175
4 203
-
-
income
4 498
5 954
-
-
total
7 673
10 157
-
-
Income
135 000
135 000
135 000
135 000
Total tax
66 260
68 767
56 402
57 651
After tax
68 740
66 233
78 598
77 349
Living cost
55 248
55 248
55 248
55 248
Free-cash
13 492
10 985
23 350
22 101

Estimated living cost  is ₽55248 per week

₽40754
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4935
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽633
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8926
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45671
₽44402
₽60243
₽68843
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
135 000
social contributions
-
-
-
34 686
health
-
-
-
18 225
income
-
-
-
12 313
solidarity contribution
-
-
-
-
total
-
-
-
65 224
Employee
35 448
-
100 746
-
income
4 254
-
12 090
-
solidarity contribution
-
-
-
-
social contributions
2 304
-
6 548
-
health
4 786
-
13 601
-
total
11 344
-
32 239
-
Employer
35 448
-
100 746
-
health
3 190
-
9 067
-
social contributions
8 862
-
25 187
-
total
12 052
-
34 254
-
Corporate
87 499
135 000
-
-
income
16 625
25 650
-
-
total
16 625
25 650
-
-
Dividends
70 874
109 350
-
-
withholding
10 631
16 402
-
-
total
10 631
16 402
-
-
Income
135 000
135 000
135 000
135 000
Total tax
50 652
42 052
66 493
65 224
After tax
84 348
92 948
68 507
69 776
Living cost
24 105
24 105
24 105
24 105
Free-cash
60 243
68 843
44 402
45 671

Estimated living cost  is ₽24105 per week

₽16744
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1715
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.
₽5173
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24736
₽18311
₽24785
₽29987
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
135 000
social contributions
-
-
-
34 721
municipal
-
-
-
802
national
-
-
-
31 148
regional
-
-
-
1 552
total
-
-
-
68 223
Employee
88 548
-
135 000
-
national
15 343
-
27 043
-
social contributions
29 858
-
45 523
-
municipal
469
-
717
-
regional
836
-
1 365
-
total
46 506
-
74 648
-
Employer
88 548
-
135 000
-
total
-
-
-
-
Corporate
46 452
135 000
-
-
nationa
11 148
32 399
-
-
municipal
1 811
5 266
-
-
total
12 959
37 665
-
-
Dividends
33 493
97 335
-
-
withholding
8 709
25 307
-
-
total
8 709
25 307
-
-
Income
135 000
135 000
135 000
135 000
Total tax
68 174
62 972
74 648
68 223
After tax
66 826
72 028
60 352
66 777
Living cost
42 041
42 041
42 041
42 041
Free-cash
24 785
29 987
18 311
24 736

Estimated living cost  is ₽42041 per week

₽29306
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2757
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽645
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9333
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42070
₽39574
₽59828
₽62929
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
135 000
other
-
-
-
-
unemployment
-
-
-
227
health
-
-
-
9 440
income
-
-
-
30 441
surtax
-
-
-
4 241
pensions
-
-
-
26 595
total
-
-
-
70 944
Employee
32 948
-
111 525
-
income
5 523
-
28 075
-
pensions
2 197
-
7 438
-
unemployment
2 293
-
7 761
-
health
841
-
2 844
-
other
-
-
-
-
surtax
108
-
3 846
-
total
10 962
-
49 964
-
Employer
32 948
-
111 525
-
pensions
4 392
-
14 867
-
other
-
-
-
-
health
1 499
-
5 073
-
unemployment
1 044
-
3 536
-
total
6 935
-
23 476
-
Corporate
95 117
135 000
-
-
income
24 731
35 099
-
-
total
24 731
35 099
-
-
Dividends
70 386
99 901
-
-
withholding
10 558
14 986
-
-
total
10 558
14 986
-
-
Income
135 000
135 000
135 000
135 000
Total tax
53 186
50 085
73 440
70 944
After tax
81 814
84 915
61 560
64 056
Living cost
21 986
21 986
21 986
21 986
Free-cash
59 828
62 929
39 574
42 070

Estimated living cost  is ₽21986 per week

₽13443
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2029
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽507
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6007
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46980
₽34535
₽47682
₽47162
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
135 000
income
-
-
-
34 246
pensions
-
-
-
8 164
total
-
-
-
42 410
Employee
63 303
-
118 309
-
income
11 401
-
25 949
-
pensions
5 373
-
10 342
-
health
919
-
1 873
-
total
17 693
-
38 164
-
Employer
63 303
-
118 309
-
pensions
6 853
-
14 444
-
health
1 203
-
2 247
-
total
8 056
-
16 691
-
Corporate
63 641
135 000
-
-
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.

12 092
25 650
-
-
total
12 092
25 650
-
-
Dividends
51 550
109 350
-
-
withholding
3 867
16 578
-
-
total
3 867
16 578
-
-
Income
135 000
135 000
135 000
135 000
Total tax
41 708
42 228
54 855
42 410
After tax
93 292
92 772
80 145
92 590
Living cost
45 610
45 610
45 610
45 610
Free-cash
47 682
47 162
34 535
46 980

Estimated living cost  is ₽45610 per week

₽34171
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3419
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.
₽7543
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽35459
₽28901
₽18563
-₽13721
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
135 000
other

This will depend on a canton and a chosen fund. The rate is between 0.3% and 3.4% with a maximum base of 148,200 CHF. We use 2% as an average rate.

-
-
-
2 700
health
-
-
-
304
city
-
-
-
1 422
national
-
-
-
1 502
regional
-
-
-
5 740
pensions
-
-
-
12 420
total
-
-
-
24 088
Employee
88 300
-
120 834
-
pensions
7 418
-
10 149
-
national
418
-
1 190
-
unemployment
-
-
-
-
city
948
-
1 298
-
health
200
-
271
-
regional
2 891
-
4 901
-
total
11 875
-
17 809
-
Employer
88 300
-
120 834
-
pensions
7 418
-
10 149
-
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.

1 765
-
2 417
-
health
200
-
271
-
unemployment
-
-
-
-
total
9 383
-
12 837
-
Corporate
36 346
135 000
-
-
regional
7 688
28 553
-
-
national
3 089
11 474
-
-
total
10 777
40 027
-
-
Dividends
25 569
94 972
-
-
withholding
8 949
33 241
-
-
total
8 949
33 241
-
-
Income
135 000
135 000
135 000
135 000
Total tax
40 984
73 268
30 646
24 088
After tax
94 016
61 732
104 354
110 912
Living cost
75 453
75 453
75 453
75 453
Free-cash
18 563
-13 721
28 901
35 459

Estimated living cost  is ₽75453 per week

₽49066
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6771
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽926
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18689
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽28054
₽43263
₽37282
₽21123
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
135 000
trade
-
-
-
15 209
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.

-
-
-
6 807
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.

-
-
-
37 240
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.

-
-
-
2 048
total
-
-
-
61 304
Employee

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

59 878
-
135 000
-
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.

388
-
2 048
-
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.

7 041
-
37 240
-
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.

6 807
-
6 807
-
total
14 236
-
46 095
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
75 122
135 000
-
-
trade
12 883
23 152
-
-
surtax

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

620
1 114
-
-
income
11 269
20 250
-
-
chamber of commerce
257
342
-
-
total
25 029
44 858
-
-
Dividends
50 093
90 143
-
-
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.

667
1 220
-
-
withholding
12 144
22 157
-
-
total
12 811
23 377
-
-
Income
135 000
135 000
135 000
135 000
Total tax
52 076
68 235
46 095
61 304
After tax
82 924
66 765
88 905
73 696
Living cost
45 642
45 642
45 642
45 642
Free-cash
37 282
21 123
43 263
28 054

Estimated living cost  is ₽45642 per week

₽33335
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3651
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽594
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8064
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42644
₽44640
₽39838
₽33952
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
135 000
other
-
-
-
4 184
social contributions
-
-
-
3 848
health
-
-
-
4 445
income
-
-
-
17 859
surtax
-
-
-
-
pensions
-
-
-
27 932
total
-
-
-
58 268
Employee
42 641
-
106 870
-
income
2 517
-
18 655
-
pensions
4 821
-
6 440
-
social contributions
1 216
-
3 046
-
surtax
-
-
-
-
total
8 554
-
28 141
-
Employer
42 641
-
106 870
-
pensions
7 005
-
11 020
-
other
1 471
-
3 746
-
health
2 985
-
8 716
-
unemployment
1 726
-
4 328
-
social contributions
129
-
321
-
total
13 316
-
28 131
-
Corporate
79 042
135 000
-
-
surtax
-
-
-
-
income
22 133
37 799
-
-
total
22 133
37 799
-
-
Dividends
56 910
97 201
-
-
surtax
-
-
-
-
social contributions
9 786
16 720
-
-
withholding
7 285
12 441
-
-
total
17 071
29 161
-
-
Income
135 000
135 000
135 000
135 000
Total tax
61 074
66 960
56 272
58 268
After tax
73 926
68 040
78 728
76 732
Living cost
34 088
34 088
34 088
34 088
Free-cash
39 838
33 952
44 640
42 644

Estimated living cost  is ₽34088 per week

₽21494
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2772
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.
₽9244
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46022
₽48018
₽42864
₽37330
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
135 000
other
-
-
-
4 184
social contributions
-
-
-
3 848
health
-
-
-
4 445
income
-
-
-
17 859
surtax
-
-
-
-
pensions
-
-
-
27 932
total
-
-
-
58 268
Employee
38 063
-
106 870
-
income
1 963
-
18 655
-
pensions
4 305
-
6 440
-
social contributions
1 085
-
3 046
-
surtax
-
-
-
-
total
7 353
-
28 141
-
Employer
38 063
-
106 870
-
pensions
6 255
-
11 020
-
other
1 314
-
3 746
-
health
2 664
-
8 716
-
unemployment
1 541
-
4 328
-
social contributions
113
-
321
-
total
11 887
-
28 131
-
Corporate
85 050
135 000
-
-
surtax
-
-
-
-
income
23 814
37 799
-
-
total
23 814
37 799
-
-
Dividends
61 236
97 201
-
-
surtax
-
-
-
-
social contributions
10 533
16 720
-
-
withholding
7 839
12 441
-
-
total
18 372
29 161
-
-
Income
135 000
135 000
135 000
135 000
Total tax
61 426
66 960
56 272
58 268
After tax
73 574
68 040
78 728
76 732
Living cost
30 710
30 710
30 710
30 710
Free-cash
42 864
37 330
48 018
46 022

Estimated living cost  is ₽30710 per week

₽17811
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3120
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽582
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9198
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65571
₽63978
₽61752
₽61233
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
135 000
social contributions
-
-
-
18 629
health
-
-
-
9 423
income
-
-
-
20 250
total
-
-
-
48 302
Employee
33 781
-
135 000
-
income
5 634
-
21 843
-
social contributions
4 663
-
18 629
-
health
2 358
-
9 423
-
total
12 655
-
49 895
-
Employer
33 781
-
135 000
-
total
-
-
-
-
Corporate
101 219
135 000
-
-
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%.

5 061
6 750
-
-
total
5 061
6 750
-
-
Dividends
96 157
128 250
-
-
social contributions
13 269
17 699
-
-
health
6 712
8 953
-
-
withholding
14 424
19 238
-
-
total
34 405
45 890
-
-
Income
135 000
135 000
135 000
135 000
Total tax
52 121
52 640
49 895
48 302
After tax
82 879
82 360
85 105
86 698
Living cost
21 127
21 127
21 127
21 127
Free-cash
61 752
61 233
63 978
65 571

Estimated living cost  is ₽21127 per week

₽14139
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1303
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.
₽5198
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33169
₽1299
₽38432
₽39976
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
135 000
chamber of commerce
-
-
-
541
unemployment
-
-
-
6 111
health
-
-
-
8 903
income
-
-
-
29 439
surtax
-
-
-
197
pensions
-
-
-
21 533
total
-
-
-
66 724
Employee
49 792
39 705
104 677
-
income
5 668
2 929
24 090
-
pensions
5 099
4 065
10 718
-
unemployment
1 494
1 191
3 140
-
health
1 927
1 537
4 052
-
other
497
397
1 047
-
total
14 685
10 119
43 047
-
Employer
49 792
39 705
104 677
-
pensions
6 249
4 984
13 137
-
other
2 365
1 885
4 973
-
accident
647
516
1 361
-
health
1 881
1 501
3 957
-
payroll
1 494
1 191
3 140
-
chamber of commerce
199
159
418
-
unemployment
1 494
1 191
3 140
-
surtax
197
197
197
-
total
14 526
11 624
30 323
-
Corporate
70 683
83 671
100 895
-
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.

17 671
20 917
25 224
-
total
17 671
20 917
25 224
-
Dividends
53 013
62 754
-
-
withholding
14 579
17 257
-
-
total
14 579
17 257
-
-
Income
135 000
135 000
135 000
135 000
Total tax
61 461
59 917
98 594
66 724
After tax
73 539
75 083
36 406
68 276
Living cost
35 107
35 107
35 107
35 107
Free-cash
38 432
39 976
1 299
33 169

Estimated living cost  is ₽35107 per week

₽23415
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2995
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽577
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8121
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23496
₽13464
₽24316
₽39257
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
135 000
social contributions
-
-
-
21 303
communal

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

-
-
-
6 822
national
-
-
-
47 052
total
-
-
-
75 177
Employee

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

71 268
-
104 561
-
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.

5 345
-
7 843
-
national
21 911
-
35 651
-
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.

620
-
909
-
communal

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

3 717
-
5 453
-
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.

3 348
-
4 914
-
total
34 941
-
54 770
-
Employer

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

71 268
-
104 561
-
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.

6 315
-
9 265
-
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.

926
-
1 359
-
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.

4 383
-
6 430
-
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.

1 040
-
1 526
-
surtax
8 081
-
11 859
-
total
20 745
-
30 439
-
Corporate
42 987
135 000
-
-
surtax
172
541
-
-
income
8 597
26 999
-
-
total
8 769
27 540
-
-
Dividends
34 218
107 460
-
-
withholding

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

9 902
31 876
-
-
total
9 902
31 876
-
-
Income
135 000
135 000
135 000
135 000
Total tax
74 357
59 416
85 209
75 177
After tax
60 643
75 584
49 791
59 823
Living cost
36 327
36 327
36 327
36 327
Free-cash
24 316
39 257
13 464
23 496

Estimated living cost  is ₽36327 per week

₽23400
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3176
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9183
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39740
₽34955
₽46960
₽54493
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
135 000
other
-
-
-
93
unemployment
-
-
-
647
accident
-
-
-
832
income
-
-
-
31 572
pensions
-
-
-
26 134
total
-
-
-
59 278
Employee
49 595
-
105 560
-
income
10 464
-
28 759
-
pensions
2 331
-
4 341
-
unemployment
770
-
1 431
-
other
49
-
93
-
total
13 614
-
34 624
-
Employer
49 595
-
105 560
-
pensions
11 704
-
21 794
-
other
395
-
739
-
accident
981
-
1 828
-
unemployment
2 728
-
5 078
-
total
15 808
-
29 439
-
Corporate
69 597
135 000
-
-
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.

10 439
20 250
-
-
total
10 439
20 250
-
-
Dividends
59 158
114 750
-
-
withholding
12 197
24 275
-
-
total
12 197
24 275
-
-
Income
135 000
135 000
135 000
135 000
Total tax
52 058
44 525
64 063
59 278
After tax
82 942
90 475
70 937
75 722
Living cost
35 982
35 982
35 982
35 982
Free-cash
46 960
54 493
34 955
39 740

Estimated living cost  is ₽35982 per week

₽26497
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2552
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽518
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6413
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17135
₽22519
₽16417
₽26843
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
135 000
accident
-
-
-
1 138
health
-
-
-
9 484
income
-
-
-
17 638
communal
-
-
-
8 533
surtax
-
-
-
6 693
pensions
-
-
-
20 234
total
-
-
-
63 720
Employee
75 451
-
120 591
-
income
7 288
-
21 525
-
pensions
6 035
-
9 646
-
health
3 358
-
5 366
-
surtax
4 625
-
7 391
-
total
21 306
-
43 928
-
Employer
75 451
-
120 591
-
pensions
6 035
-
9 646
-
accident
679
-
1 085
-
health
2 301
-
3 677
-
total
9 015
-
14 408
-
Corporate
50 534
135 000
-
-
communal
3 411
9 113
-
-
surtax
531
1 418
-
-
income
7 580
20 250
-
-
total
11 522
30 781
-
-
Dividends
39 012
104 219
-
-
withholding
5 852
15 632
-
-
income
16 743
7 599
-
-
total
22 595
23 231
-
-
Income
135 000
135 000
135 000
135 000
Total tax
64 438
54 012
58 336
63 720
After tax
70 562
80 988
76 664
71 280
Living cost
54 145
54 145
54 145
54 145
Free-cash
16 417
26 843
22 519
17 135

Estimated living cost  is ₽54145 per week

₽40616
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3280
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9673
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41677
₽39181
₽59368
₽62536
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
135 000
other
-
-
-
-
unemployment
-
-
-
227
health
-
-
-
9 440
income
-
-
-
30 441
surtax
-
-
-
4 241
pensions
-
-
-
26 595
total
-
-
-
70 944
Employee
33 553
-
111 525
-
income
5 625
-
28 075
-
pensions
2 239
-
7 438
-
unemployment
2 335
-
7 761
-
health
856
-
2 844
-
other
-
-
-
-
surtax
119
-
3 846
-
total
11 174
-
49 964
-
Employer
33 553
-
111 525
-
pensions
4 473
-
14 867
-
other
-
-
-
-
health
1 526
-
5 073
-
unemployment
1 064
-
3 536
-
total
7 063
-
23 476
-
Corporate
94 383
135 000
-
-
income
24 540
35 099
-
-
total
24 540
35 099
-
-
Dividends
69 844
99 901
-
-
withholding
10 476
14 986
-
-
total
10 476
14 986
-
-
Income
135 000
135 000
135 000
135 000
Total tax
53 253
50 085
73 440
70 944
After tax
81 747
84 915
61 560
64 056
Living cost
22 379
22 379
22 379
22 379
Free-cash
59 368
62 536
39 181
41 677

Estimated living cost  is ₽22379 per week

₽13511
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1946
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6404
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39455
₽33062
₽41907
₽44121
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
135 000
social contributions
-
-
-
34 721
municipal
-
-
-
802
national
-
-
-
31 148
regional
-
-
-
2 035
total
-
-
-
68 706
Employee
55 268
-
135 000
-
national
8 756
-
27 043
-
social contributions
18 637
-
45 523
-
municipal
293
-
717
-
regional
744
-
1 816
-
total
28 430
-
75 099
-
Employer
55 268
-
135 000
-
total
-
-
-
-
Corporate
79 732
135 000
-
-
nationa
19 136
32 399
-
-
municipal
3 963
6 710
-
-
total
23 099
39 109
-
-
Dividends
56 633
95 890
-
-
withholding
14 725
24 931
-
-
total
14 725
24 931
-
-
Income
135 000
135 000
135 000
135 000
Total tax
66 254
64 040
75 099
68 706
After tax
68 746
70 960
59 901
66 294
Living cost
26 839
26 839
26 839
26 839
Free-cash
41 907
44 121
33 062
39 455

Estimated living cost  is ₽26839 per week

₽16691
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2719
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽459
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6969
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40072
₽38803
₽52647
₽63244
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
135 000
social contributions
-
-
-
34 686
health
-
-
-
18 225
income
-
-
-
12 313
solidarity contribution
-
-
-
-
total
-
-
-
65 224
Employee
43 682
-
100 746
-
income
5 242
-
12 090
-
solidarity contribution
-
-
-
-
social contributions
2 839
-
6 548
-
health
5 897
-
13 601
-
total
13 978
-
32 239
-
Employer
43 682
-
100 746
-
health
3 931
-
9 067
-
social contributions
10 920
-
25 187
-
total
14 851
-
34 254
-
Corporate
76 467
135 000
-
-
income
14 529
25 650
-
-
total
14 529
25 650
-
-
Dividends
61 938
109 350
-
-
withholding
9 291
16 402
-
-
total
9 291
16 402
-
-
Income
135 000
135 000
135 000
135 000
Total tax
52 649
42 052
66 493
65 224
After tax
82 351
92 948
68 507
69 776
Living cost
29 704
29 704
29 704
29 704
Free-cash
52 647
63 244
38 803
40 072

Estimated living cost  is ₽29704 per week

₽22089
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1645
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽514
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5455
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36687
₽4655
₽42913
₽43404
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
135 000
chamber of commerce
-
-
-
541
unemployment
-
-
-
6 111
health
-
-
-
8 903
income
-
-
-
29 439
surtax
-
-
-
-
pensions
-
-
-
21 533
total
-
-
-
66 527
Employee
43 552
39 705
104 832
-
income
3 880
2 929
24 145
-
pensions
4 460
4 065
10 736
-
unemployment
1 306
1 191
3 144
-
health
1 685
1 537
4 057
-
other
435
397
1 047
-
total
11 766
10 119
43 129
-
Employer
43 552
39 705
104 832
-
pensions
5 466
4 984
13 156
-
other
2 068
1 885
4 978
-
accident
565
516
1 363
-
health
1 647
1 501
3 963
-
payroll
1 306
1 191
3 144
-
chamber of commerce
174
159
420
-
unemployment
1 306
1 191
3 144
-
surtax
-
-
-
-
total
12 532
11 427
30 168
-
Corporate
78 914
83 867
101 050
-
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.

19 728
20 966
25 262
-
total
19 728
20 966
25 262
-
Dividends
59 186
62 901
-
-
withholding
16 275
17 298
-
-
total
16 275
17 298
-
-
Income
135 000
135 000
135 000
135 000
Total tax
60 301
59 810
98 559
66 527
After tax
74 699
75 190
36 441
68 473
Living cost
31 786
31 786
31 786
31 786
Free-cash
42 913
43 404
4 655
36 687

Estimated living cost  is ₽31786 per week

₽19068
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3246
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽567
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8905
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽119683
₽94033
₽111664
₽114283
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
135 000
microenterprise

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

-
-
-
1 350
total
-
-
-
1 350
Employee
17 459
-
135 000
-
income
3 492
-
27 000
-
total
3 492
-
27 000
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

117 541
135 000
-
-
total
-
-
-
-
Dividends
117 541
135 000
-
-
withholding
5 877
6 750
-
-
total
5 877
6 750
-
-
Income
135 000
135 000
135 000
135 000
Total tax
9 369
6 750
27 000
1 350
After tax
125 631
128 250
108 000
133 650
Living cost
13 967
13 967
13 967
13 967
Free-cash
111 664
114 283
94 033
119 683

Estimated living cost  is ₽13967 per week

₽9451
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽586
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3460
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41266
₽37690
₽57889
₽66224
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
135 000
unemployment
-
-
-
202
health
-
-
-
13 284
income
-
-
-
28 869
pensions
-
-
-
24 655
total
-
-
-
67 010
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.

44 058
-
116 811
-
income
7 598
-
26 583
-
pensions
6 829
-
18 106
-
unemployment
62
-
163
-
health
2 846
-
7 546
-
total
17 335
-
52 398
-
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.

44 058
-
116 811
-
pensions
3 899
-
10 338
-
health
2 934
-
7 780
-
unemployment
26
-
70
-
total
6 859
-
18 188
-
Corporate
84 083
135 000
-
-
income
15 977
25 650
-
-
total
15 977
25 650
-
-
Dividends
68 106
109 350
-
-
withholding
10 216
16 402
-
-
total
10 216
16 402
-
-
Income
135 000
135 000
135 000
135 000
Total tax
50 387
42 052
70 586
67 010
After tax
84 613
92 948
64 414
67 990
Living cost
26 724
26 724
26 724
26 724
Free-cash
57 889
66 224
37 690
41 266

Estimated living cost  is ₽26724 per week

₽18340
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1713
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽518
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6154
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50141
₽78688
-₽14126
₽38979
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
135 000
social contributions
-
-
-
15 390
income
-
-
-
26 314
total
-
-
-
41 704
Employee
61 878
-
-
-
income
13 649
-
-
-
social contributions
5 074
-
723
-
total
18 723
-
723
-
Employer
61 878
-
-
-
social contributions
87 248
-
12 434
-
total
87 248
-
12 434
-
Corporate
-
135 000
-
-
income
-
29 700
-
-
total
-
29 700
-
-
Dividends
-
105 300
-
-
income
-
23 166
-
-
total
-
23 166
-
-
Income
135 000
135 000
135 000
135 000
Total tax
105 971
52 866
13 157
41 704
After tax
29 029
82 134
121 843
93 296
Living cost
43 155
43 155
43 155
43 155
Free-cash
-14 126
38 979
78 688
50 141

Estimated living cost  is ₽43155 per week

₽28001
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4059
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.
₽10545
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42419
₽33410
₽44532
₽45537
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
135 000
social contributions

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

-
-
-
46 913
income
-
-
-
14 416
surtax
-
-
-
-
total
-
-
-
61 329
Employee
45 823
-
109 091
-
income
9 531
-
32 429
-
social contributions
5 041
-
12 000
-
surtax
-
-
-
-
total
14 572
-
44 429
-
Employer
45 823
-
109 091
-
social contributions
10 883
-
25 909
-
total
10 883
-
25 909
-
Corporate
78 294
135 000
-
-
surtax
-
-
-
-
income
16 442
28 349
-
-
total
16 442
28 349
-
-
Dividends
61 852
106 651
-
-
withholding
17 319
29 862
-
-
total
17 319
29 862
-
-
Income
135 000
135 000
135 000
135 000
Total tax
59 216
58 211
70 338
61 329
After tax
75 784
76 789
64 662
73 671
Living cost
31 252
31 252
31 252
31 252
Free-cash
44 532
45 537
33 410
42 419

Estimated living cost  is ₽31252 per week

₽23383
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1843
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5504
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28611
₽30607
₽26765
₽19919
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
135 000
other
-
-
-
4 184
social contributions
-
-
-
3 848
health
-
-
-
4 445
income
-
-
-
17 859
surtax
-
-
-
-
pensions
-
-
-
27 932
total
-
-
-
58 268
Employee
62 402
-
106 870
-
income
5 445
-
18 655
-
pensions
7 058
-
6 440
-
social contributions
1 777
-
3 046
-
surtax
-
-
-
-
total
14 280
-
28 141
-
Employer
62 402
-
106 870
-
pensions
10 253
-
11 020
-
other
2 154
-
3 746
-
health
4 368
-
8 716
-
unemployment
2 528
-
4 328
-
social contributions
187
-
321
-
total
19 490
-
28 131
-
Corporate
53 108
135 000
-
-
surtax
-
-
-
-
income
14 871
37 799
-
-
total
14 871
37 799
-
-
Dividends
38 238
97 201
-
-
surtax
-
-
-
-
social contributions
6 578
16 720
-
-
withholding
4 895
12 441
-
-
total
11 473
29 161
-
-
Income
135 000
135 000
135 000
135 000
Total tax
60 114
66 960
56 272
58 268
After tax
74 886
68 040
78 728
76 732
Living cost
48 121
48 121
48 121
48 121
Free-cash
26 765
19 919
30 607
28 611

Estimated living cost  is ₽48121 per week

₽32568
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3936
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽660
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10957
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70873
₽74457
₽88204
₽91551
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
135 000
social contributions
-
-
-
29 699
income
-
-
-
4 479
total
-
-
-
34 178
Employee
32 031
-
116 883
-
social contributions
2 082
-
7 599
-
income
-
-
4 878
-
total
2 082
-
12 477
-
Employer
32 031
-
116 883
-
social contributions
4 965
-
18 117
-
total
4 965
-
18 117
-
Corporate
98 004
135 000
-
-
income
9 800
13 500
-
-
total
9 800
13 500
-
-
Dividends
88 204
121 500
-
-
total
-
-
-
-
Income
135 000
135 000
135 000
135 000
Total tax
16 847
13 500
30 594
34 178
After tax
118 153
121 500
104 406
100 822
Living cost
29 949
29 949
29 949
29 949
Free-cash
88 204
91 551
74 457
70 873

Estimated living cost  is ₽29949 per week

₽19365
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2258
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽563
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7763
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33963
-₽82154
-₽82154
-₽82154
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
135 000
municipal
-
-
-
26 917
national
-
-
-
14 525
labour market
-
-
-
10 731
pensions
-
-
-
864
total
-
-
-
53 037
Employee
202 596
202 596
202 596
-
labour market
16 185
16 185
16 185
-
pensions
288
288
288
-
national
24 751
24 751
24 751
-
municipal
43 142
43 142
43 142
-
total
84 366
84 366
84 366
-
Employer
202 596
202 596
202 596
-
pensions
576
576
576
-
municipal
43 210
43 210
43 210
-
national
24 794
24 794
24 794
-
labour market
16 208
16 208
16 208
-
total
84 788
84 788
84 788
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
135 000
135 000
135 000
135 000
Total tax
169 154
169 154
169 154
53 037
After tax
-34 154
-34 154
-34 154
81 963
Living cost
48 000
48 000
48 000
48 000
Free-cash
-82 154
-82 154
-82 154
33 963

Estimated living cost  is ₽48000 per week

₽32852
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4246
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽738
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10164
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70805
₽50268
₽7618
-₽10694
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
135 000
other
-
-
-
370
accident
-
-
-
252
health
-
-
-
2 176
income
-
-
-
35 616
pensions
-
-
-
4 152
total
-
-
-
42 566
Employee
34 025
-
119 099
-
income
4 668
-
25 952
-
pensions
3 831
-
7 613
-
health
3 896
-
13 637
-
total
12 395
-
47 202
-
Employer
34 025
-
119 099
-
pensions
5 532
-
10 994
-
accident
568
-
1 989
-
unemployment
834
-
2 918
-
total
6 934
-
15 901
-
Corporate
94 041
135 000
-
-
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.

84 637
121 500
-
-
total
84 637
121 500
-
-
Dividends
9 404
13 500
-
-
withholding
1 787
2 565
-
-
total
1 787
2 565
-
-
Income
135 000
135 000
135 000
135 000
Total tax
105 753
124 065
63 103
42 566
After tax
29 247
10 935
71 897
92 434
Living cost
21 629
21 629
21 629
21 629
Free-cash
7 618
-10 694
50 268
70 805

Estimated living cost  is ₽21629 per week

₽15744
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1233
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽406
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4247
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53651
₽35142
₽49682
₽48810
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
135 000
municipal
-
-
-
24 001
health
-
-
-
1 664
national
-
-
-
17 432
total
-
-
-
43 097
Employee
52 419
-
113 569
-
pensions
3 538
-
7 665
-
national
866
-
10 958
-
municipal
8 586
-
18 516
-
unemployment
787
-
1 704
-
health
391
-
1 333
-
total
14 168
-
40 176
-
Employer
52 419
-
113 569
-
pensions
9 094
-
19 705
-
accident
53
-
113
-
health
403
-
875
-
unemployment
340
-
737
-
total
9 890
-
21 430
-
Corporate
72 691
135 000
-
-
income
14 538
26 999
-
-
total
14 538
26 999
-
-
Dividends

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

43 615
81 000
-
-
municipal
7 850
14 579
-
-
national
620
6 360
-
-
total
8 470
20 939
-
-
Income
135 000
135 000
135 000
135 000
Total tax
47 066
47 938
61 606
43 097
After tax
87 934
87 062
73 394
91 903
Living cost
38 252
38 252
38 252
38 252
Free-cash
49 682
48 810
35 142
53 651

Estimated living cost  is ₽38252 per week

₽24986
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3679
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽609
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8979
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71233
₽69934
₽70123
₽75548
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
135 000
social contributions
-
-
-
16 120
health
-
-
-
3 443
income
-
-
-
21 136
total
-
-
-
40 699
Employee
76 613
76 613
124 126
-
income
8 342
7 092
20 439
-
social contributions
2 897
6 358
8 576
-
health
594
1 303
2 110
-
total
11 833
14 753
31 125
-
Employer
76 613
76 613
124 126
-
health
645
1 418
2 297
-
social contributions
2 897
6 358
8 576
-
total
3 542
7 776
10 873
-
Corporate
96 559
50 611
-
-
income
12 070
6 326
-
-
total
12 070
6 326
-
-
Dividends
84 488
44 284
-
-
withholding
14 364
7 529
-
-
total
14 364
7 529
-
-
Income
135 000
135 000
135 000
135 000
Total tax
41 809
36 384
41 998
40 699
After tax
93 191
98 616
93 002
94 301
Living cost
23 068
23 068
23 068
23 068
Free-cash
70 123
75 548
69 934
71 233

Estimated living cost  is ₽23068 per week

₽13825
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2263
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽510
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6470
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95807
₽75825
₽90908
₽95974
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
135 000
unemployment
-
-
-
28
health
-
-
-
3 606
income
-
-
-
13 402
pensions
-
-
-
6 338
total
-
-
-
23 374
Employee

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

22 869
-
125 263
-
income
1 564
-
10 930
-
pensions
3 430
-
14 180
-
unemployment
113
-
473
-
health
1 944
-
8 036
-
total
7 051
-
33 619
-
Employer

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

22 869
-
125 263
-
pensions
1 257
-
5 199
-
health
983
-
4 065
-
unemployment
113
-
473
-
total
2 353
-
9 737
-
Corporate
109 777
135 000
-
-
income
9 879
12 150
-
-
total
9 879
12 150
-
-
Dividends
99 898
122 850
-
-
withholding
8 990
11 057
-
-
total
8 990
11 057
-
-
Income
135 000
135 000
135 000
135 000
Total tax
28 273
23 207
43 356
23 374
After tax
106 727
111 793
91 644
111 626
Living cost
15 819
15 819
15 819
15 819
Free-cash
90 908
95 974
75 825
95 807

Estimated living cost  is ₽15819 per week

₽10093
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1140
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.
₽4114
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48324
₽43539
₽58254
₽63077
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
135 000
other
-
-
-
93
unemployment
-
-
-
647
accident
-
-
-
832
income
-
-
-
31 572
pensions
-
-
-
26 134
total
-
-
-
59 278
Employee
36 840
-
105 560
-
income
7 102
-
28 759
-
pensions
1 732
-
4 341
-
unemployment
571
-
1 431
-
other
36
-
93
-
total
9 441
-
34 624
-
Employer
36 840
-
105 560
-
pensions
8 694
-
21 794
-
other
295
-
739
-
accident
730
-
1 828
-
unemployment
2 027
-
5 078
-
total
11 746
-
29 439
-
Corporate
86 415
135 000
-
-
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.

12 963
20 250
-
-
total
12 963
20 250
-
-
Dividends
73 452
114 750
-
-
withholding
15 198
24 275
-
-
total
15 198
24 275
-
-
Income
135 000
135 000
135 000
135 000
Total tax
49 348
44 525
64 063
59 278
After tax
85 652
90 475
70 937
75 722
Living cost
27 398
27 398
27 398
27 398
Free-cash
58 254
63 077
43 539
48 324

Estimated living cost  is ₽27398 per week

₽18493
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2634
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5791
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83401
₽83206
₽81050
₽81500
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
135 000
health
-
-
-
1 449
income
-
-
-
45 412
pensions
-
-
-
1 998
total
-
-
-
48 859
Employee
4 173
-
132 752
-
income
807
-
45 307
-
pensions
376
-
899
-
unemployment
42
-
100
-
health
209
-
500
-
total
1 434
-
46 806
-
Employer
4 173
-
132 752
-
pensions
459
-
1 099
-
health
396
-
949
-
unemployment
83
-
200
-
total
938
-
2 248
-
Corporate
129 888
135 000
-
-
income
28 575
29 700
-
-
total
28 575
29 700
-
-
Dividends
101 313
105 300
-
-
withholding
20 263
21 060
-
-
total
20 263
21 060
-
-
Income
135 000
135 000
135 000
135 000
Total tax
51 210
50 760
49 054
48 859
After tax
83 790
84 240
85 946
86 141
Living cost
2 740
2 740
2 740
2 740
Free-cash
81 050
81 500
83 206
83 401

Estimated living cost  is ₽2740 per week

₽1628
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽222
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.
₽827
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60347
₽60348
₽75403
₽80306
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
135 000
unemployment
-
-
-
1 105
health
-
-
-
7 584
income
-
-
-
29 588
pensions
-
-
-
19 145
total
-
-
-
57 422
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.

25 983
-
121 819
-
income
3 582
-
29 588
-
pensions
3 638
-
10 309
-
unemployment
195
-
552
-
health
1 338
-
3 792
-
total
8 753
-
44 241
-
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.

25 983
-
121 819
-
pensions
3 118
-
8 836
-
health
1 338
-
3 792
-
unemployment
195
-
552
-
total
4 651
-
13 180
-
Corporate
104 366
135 000
-
-
income
15 655
20 250
-
-
total
15 655
20 250
-
-
Dividends
88 711
114 750
-
-
withholding
13 307
17 213
-
-
total
13 307
17 213
-
-
Income
135 000
135 000
135 000
135 000
Total tax
42 366
37 463
57 421
57 422
After tax
92 634
97 537
77 579
77 578
Living cost
17 231
17 231
17 231
17 231
Free-cash
75 403
80 306
60 348
60 347

Estimated living cost  is ₽17231 per week

₽11602
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1333
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽499
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3798
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46811
₽37802
₽49569
₽49929
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
135 000
social contributions

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

-
-
-
46 913
income
-
-
-
14 416
surtax
-
-
-
-
total
-
-
-
61 329
Employee
38 670
-
109 091
-
income
7 556
-
32 429
-
social contributions
4 254
-
12 000
-
surtax
-
-
-
-
total
11 810
-
44 429
-
Employer
38 670
-
109 091
-
social contributions
9 183
-
25 909
-
total
9 183
-
25 909
-
Corporate
87 147
135 000
-
-
surtax
-
-
-
-
income
18 300
28 349
-
-
total
18 300
28 349
-
-
Dividends
68 847
106 651
-
-
withholding
19 278
29 862
-
-
total
19 278
29 862
-
-
Income
135 000
135 000
135 000
135 000
Total tax
58 571
58 211
70 338
61 329
After tax
76 429
76 789
64 662
73 671
Living cost
26 860
26 860
26 860
26 860
Free-cash
49 569
49 929
37 802
46 811

Estimated living cost  is ₽26860 per week

₽19024
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1866
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽476
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5494
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40707
₽35922
₽48265
₽55460
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
135 000
other
-
-
-
93
unemployment
-
-
-
647
accident
-
-
-
832
income
-
-
-
31 572
pensions
-
-
-
26 134
total
-
-
-
59 278
Employee
48 118
-
105 560
-
income
10 050
-
28 759
-
pensions
2 261
-
4 341
-
unemployment
745
-
1 431
-
other
47
-
93
-
total
13 103
-
34 624
-
Employer
48 118
-
105 560
-
pensions
11 356
-
21 794
-
other
386
-
739
-
accident
953
-
1 828
-
unemployment
2 647
-
5 078
-
total
15 342
-
29 439
-
Corporate
71 541
135 000
-
-
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.

10 732
20 250
-
-
total
10 732
20 250
-
-
Dividends
60 809
114 750
-
-
withholding
12 543
24 275
-
-
total
12 543
24 275
-
-
Income
135 000
135 000
135 000
135 000
Total tax
51 720
44 525
64 063
59 278
After tax
83 280
90 475
70 937
75 722
Living cost
35 015
35 015
35 015
35 015
Free-cash
48 265
55 460
35 922
40 707

Estimated living cost  is ₽35015 per week

₽25147
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2723
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽493
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6653
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88298
₽93154
₽92195
₽98272
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
135 000
unemployment
-
-
-
139
health
-
-
-
4 005
income
-
-
-
20 250
pensions

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

-
-
-
5 155
total
-
-
-
29 549
Employee
22 713
-
128 166
-
income
2 272
-
12 817
-
pensions

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

1 994
-
3 058
-
health
1 045
-
1 602
-
accident

We are using the highest rate at 1.1%.

250
-
383
-
total
5 561
-
17 860
-
Employer
22 713
-
128 166
-
pensions

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

2 503
-
3 838
-
accident

We are using the highest rate at 1.1%.

250
-
383
-
health
1 567
-
2 403
-
unemployment
136
-
209
-
total
4 456
-
6 833
-
Corporate
107 830
135 000
-
-
income
10 783
13 500
-
-
total
10 783
13 500
-
-
Dividends
97 047
121 500
-
-
withholding
4 852
6 075
-
-
total
4 852
6 075
-
-
Income
135 000
135 000
135 000
135 000
Total tax
25 652
19 575
24 693
29 549
After tax
109 348
115 425
110 307
105 451
Living cost
17 153
17 153
17 153
17 153
Free-cash
92 195
98 272
93 154
88 298

Estimated living cost  is ₽17153 per week

₽11345
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽982
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽409
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4418
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37714
₽50439
₽44113
₽31076
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
135 000
trade
-
-
-
12 725
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.

-
-
-
6 807
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.

-
-
-
37 240
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.

-
-
-
2 048
total
-
-
-
58 820
Employee

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

49 574
-
135 000
-
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.

225
-
2 048
-
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.

4 076
-
37 240
-
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.

6 807
-
6 807
-
total
11 108
-
46 095
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
85 426
135 000
-
-
trade
12 259
19 372
-
-
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.

705
1 114
-
-
income
12 813
20 250
-
-
chamber of commerce
276
350
-
-
total
26 053
41 086
-
-
Dividends
59 372
93 915
-
-
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.

796
1 271
-
-
withholding
14 464
23 101
-
-
total
15 260
24 372
-
-
Income
135 000
135 000
135 000
135 000
Total tax
52 421
65 458
46 095
58 820
After tax
82 579
69 542
88 905
76 180
Living cost
38 466
38 466
38 466
38 466
Free-cash
44 113
31 076
50 439
37 714

Estimated living cost  is ₽38466 per week

₽26534
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4139
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽558
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7234
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19127
₽19127
₽39943
₽37745
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
135 000
social contributions
-
-
-
21 585
income
-
-
-
37 533
total
-
-
-
59 118
Employee
77 935
-
135 000
-
social contributions
6 475
-
21 585
-
income
14 706
-
37 533
-
total
21 181
-
59 118
-
Employer
77 935
-
135 000
-
total
-
-
-
-
Corporate
57 065
135 000
-
-
income
7 134
16 875
-
-
total
7 134
16 875
-
-
Dividends
49 931
118 125
-
-
withholding
9 987
23 625
-
-
total
9 987
23 625
-
-
Income
135 000
135 000
135 000
135 000
Total tax
38 302
40 500
59 118
59 118
After tax
96 698
94 500
75 882
75 882
Living cost
56 755
56 755
56 755
56 755
Free-cash
39 943
37 745
19 127
19 127

Estimated living cost  is ₽56755 per week

₽43178
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4625
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽543
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8410
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63843
₽62291
₽49802
₽46320
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
135 000
health

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

-
-
-
6 629
income
-
-
-
28 361
total
-
-
-
34 990
Employee
45 706
-
130 417
-
social contributions
4 579
-
4 583
-
income
4 959
-
27 376
-
total
9 538
-
31 959
-
Employer
45 706
-
130 417
-
social contributions
4 579
-
4 583
-
total
4 579
-
4 583
-
Corporate
84 715
135 000
-
-
income
29 650
47 249
-
-
total
29 650
47 249
-
-
Dividends
55 065
87 751
-
-
social contributions
5 264
5 264
-
-
total
5 264
5 264
-
-
Income
135 000
135 000
135 000
135 000
Total tax
49 031
52 513
36 542
34 990
After tax
85 969
82 487
98 458
100 010
Living cost
36 167
36 167
36 167
36 167
Free-cash
49 802
46 320
62 291
63 843

Estimated living cost  is ₽36167 per week

₽23823
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2851
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽554
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8937
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55511
₽43066
₽58436
₽55693
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
135 000
income
-
-
-
34 246
pensions
-
-
-
8 164
total
-
-
-
42 410
Employee
50 897
-
118 309
-
income
9 269
-
25 949
-
pensions
3 885
-
10 342
-
health
664
-
1 873
-
total
13 818
-
38 164
-
Employer
50 897
-
118 309
-
pensions
5 142
-
14 444
-
health
967
-
2 247
-
total
6 109
-
16 691
-
Corporate
77 994
135 000
-
-
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.

14 820
25 650
-
-
total
14 820
25 650
-
-
Dividends
63 174
109 350
-
-
withholding
4 738
16 578
-
-
total
4 738
16 578
-
-
Income
135 000
135 000
135 000
135 000
Total tax
39 485
42 228
54 855
42 410
After tax
95 515
92 772
80 145
92 590
Living cost
37 080
37 080
37 080
37 080
Free-cash
58 436
55 693
43 066
55 511

Estimated living cost  is ₽37080 per week

₽25436
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3410
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽464
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7767
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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

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Warsaw , Poland
₽68663
₽48126
₽7289
-₽12836
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
135 000
other
-
-
-
370
accident
-
-
-
252
health
-
-
-
2 176
income
-
-
-
35 616
pensions
-
-
-
4 152
total
-
-
-
42 566
Employee
37 393
-
119 099
-
income
5 130
-
25 952
-
pensions
4 210
-
7 613
-
health
4 281
-
13 637
-
total
13 621
-
47 202
-
Employer
37 393
-
119 099
-
pensions
6 080
-
10 994
-
accident
624
-
1 989
-
unemployment
916
-
2 918
-
total
7 620
-
15 901
-
Corporate
89 987
135 000
-
-
income

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

80 989
121 500
-
-
total
80 989
121 500
-
-
Dividends
8 999
13 500
-
-
withholding
1 710
2 565
-
-
total
1 710
2 565
-
-
Income
135 000
135 000
135 000
135 000
Total tax
103 940
124 065
63 103
42 566
After tax
31 060
10 935
71 897
92 434
Living cost
23 771
23 771
23 771
23 771
Free-cash
7 289
-12 836
48 126
68 663

Estimated living cost  is ₽23771 per week

₽17445
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1385
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽479
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4462
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

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
₽62783
₽78023
₽95502
₽100159
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
135 000
work injury
-
-
-
675
unemployment
-
-
-
1 620
income
-
-
-
21 649
health insurance
-
-
-
9 990
pensions
-
-
-
24 840
total
-
-
-
58 774
Employee

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

21 510
-
135 000
-
income
2 151
-
21 649
-
work injury
108
-
398
-
pensions
3 958
-
14 643
-
unemployment
258
-
955
-
health insurance
1 592
-
5 889
-
total
8 067
-
43 534
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
113 490
135 000
-
-
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%.

1 135
1 350
-
-
total
1 135
1 350
-
-
Dividends
112 356
133 650
-
-
withholding
16 853
20 048
-
-
total
16 853
20 048
-
-
Income
135 000
135 000
135 000
135 000
Total tax
26 055
21 398
43 534
58 774
After tax
108 945
113 602
91 466
76 226
Living cost
13 443
13 443
13 443
13 443
Free-cash
95 502
100 159
78 023
62 783

Estimated living cost  is ₽13443 per week

₽8328
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽977
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽419
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3719
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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

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Rome , Italy
₽25516
₽19341
₽26886
₽31418
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
135 000
social contributions
-
-
-
34 721
municipal
-
-
-
902
national
-
-
-
31 148
regional
-
-
-
3 022
total
-
-
-
69 793
Employee
83 957
-
135 000
-
national
14 188
-
27 043
-
social contributions
28 310
-
45 523
-
municipal
501
-
805
-
regional
1 268
-
2 597
-
total
44 267
-
75 968
-
Employer
83 957
-
135 000
-
total
-
-
-
-
Corporate
51 043
135 000
-
-
nationa
12 250
32 399
-
-
municipal
2 460
6 508
-
-
total
14 710
38 907
-
-
Dividends
36 333
96 093
-
-
withholding
9 446
24 984
-
-
total
9 446
24 984
-
-
Income
135 000
135 000
135 000
135 000
Total tax
68 423
63 891
75 968
69 793
After tax
66 577
71 109
59 032
65 207
Living cost
39 691
39 691
39 691
39 691
Free-cash
26 886
31 418
19 341
25 516

Estimated living cost  is ₽39691 per week

₽27881
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2730
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽599
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8480
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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