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
₽ 137000
per

Your estimated
City
free-cash

Dresden , Germany
₽50892
₽60616
₽40395
₽45989
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
137 000
health

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

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

-
-
-
6 486
trade
-
-
-
14 627
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.

-
-
-
38 998
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.

-
-
-
2 146
total
-
-
-
62 257
Employee

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

36 310
-
137 000
-
health

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

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

6 486
-
6 486
-
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.

1 014
-
38 998
-
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.

56
-
2 146
-
total
7 556
-
47 630
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
100 690
137 000
-
-
income
15 104
20 550
-
-
chamber of commerce
288
340
-
-
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.

831
1 130
-
-
trade
15 859
21 577
-
-
total
32 082
43 597
-
-
Dividends
68 608
93 403
-
-
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.

924
1 265
-
-
withholding
16 792
22 989
-
-
total
17 716
24 254
-
-
Income
137 000
137 000
137 000
137 000
Total tax
57 354
67 851
47 630
62 257
After tax
79 646
69 149
89 370
74 743
Living cost
28 754
28 754
28 754
28 754
Free-cash
50 892
40 395
60 616
45 989

Estimated living cost  is ₽28754 per week

₽18087
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3353
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽537
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6777
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35431
₽33277
₽36251
₽32200
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 000
social contributions
-
-
-
1 473
municipal
-
-
-
14 767
pensions
-
-
-
16 440
national
-
-
-
22 883
total
-
-
-
55 563
Employee
76 326
-
118 435
-
pensions
3 053
-
4 737
-
municipal
9 428
-
15 297
-
national
14 609
-
23 704
-
total
27 090
-
43 738
-
Employer
76 326
-
118 435
-
pensions
6 106
-
9 475
-
social contributions
821
-
1 273
-
total
6 927
-
10 748
-
Corporate
48 709
137 000
-
-
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%.

9 742
27 400
-
-
total
9 742
27 400
-
-
Dividends
38 968
109 600
-
-
withholding
8 573
24 112
-
-
total
8 573
24 112
-
-
Income
137 000
137 000
137 000
137 000
Total tax
52 332
51 512
54 486
55 563
After tax
84 668
85 488
82 514
81 437
Living cost
49 237
49 237
49 237
49 237
Free-cash
35 431
36 251
33 277
32 200

Estimated living cost  is ₽49237 per week

₽33466
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4577
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽737
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10457
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82062
₽64300
₽89851
₽23879
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
137 000
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.

-
-
-
36 373
income
-
-
-
22 063
surtax
-
-
-
34 935
microenterprise
-
-
-
-
total
-
-
-
93 371
Employee
27 740
-
97 251
-
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.

3 052
-
10 697
-
income
4 938
-
18 826
-
surtax
-
-
-
-
total
7 990
-
29 523
-
Employer
27 740
-
97 251
-
surtax
-
-
-
-
social contributions

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

6 682
-
23 427
-
total
6 682
-
23 427
-
Corporate
102 578
137 000
-
-
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%.

20 516
27 399
-
-
total
20 516
27 399
-
-
Dividends

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

82 062
109 601
-
-
total
-
-
-
-
Income
137 000
137 000
137 000
137 000
Total tax
35 188
27 399
52 950
93 371
After tax
101 812
109 601
84 050
43 629
Living cost
19 750
19 750
19 750
19 750
Free-cash
82 062
89 851
64 300
23 879

Estimated living cost  is ₽19750 per week

₽12600
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1881
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4821
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21794
₽42545
₽27611
₽37968
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 000
health
-
-
-
11 706
income
-
-
-
36 434
pensions
-
-
-
11 123
total
-
-
-
59 263
Employee
81 069
81 069
119 358
-
pensions
14 592
11 123
11 123
-
health
12 443
10 584
11 706
-
income

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

13 270
13 270
14 215
-
total
40 305
34 977
37 044
-
Employer
81 069
81 069
119 358
-
pensions
5 642
5 642
7 013
-
health
5 635
5 635
7 003
-
unemployment
2 918
2 918
3 626
-
total
14 195
14 195
17 642
-
Corporate
42 730
41 735
-
-
income
8 546
8 346
-
-
total
8 546
8 346
-
-
Dividends
34 183
33 389
-
-
income
7 264
7 094
-
-
withholding
5 127
5 008
-
-
total
12 391
12 102
-
-
Income
137 000
137 000
137 000
137 000
Total tax
75 437
69 620
54 686
59 263
After tax
61 563
67 380
82 314
77 737
Living cost
39 769
39 769
39 769
39 769
Free-cash
21 794
27 611
42 545
37 968

Estimated living cost  is ₽39769 per week

₽28183
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3585
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽632
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7368
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35264
₽32720
₽36133
₽33760
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 000
accident
-
-
-
169
health
-
-
-
5 288
municipal
-
-
-
33 532
pensions
-
-
-
9 161
other
-
-
-
9 848
unemployment
-
-
-
85
national
-
-
-
6 488
total
-
-
-
64 571
Employee
55 100
-
110 372
-
municipal
16 431
-
32 913
-
national
-
-
6 071
-
total
16 431
-
38 984
-
Employer
55 100
-
110 372
-
pensions
5 956
-
9 161
-
other
6 403
-
9 848
-
health
3 389
-
5 212
-
unemployment
1 455
-
2 237
-
accident
110
-
169
-
total
17 313
-
26 627
-
Corporate
64 588
137 000
-
-
income
14 209
30 140
-
-
total
14 209
30 140
-
-
Dividends
50 379
106 860
-
-
withholding
15 114
32 058
-
-
total
15 114
32 058
-
-
Income
137 000
137 000
137 000
137 000
Total tax
63 067
62 198
65 611
64 571
After tax
73 933
74 802
71 389
72 429
Living cost
38 669
38 669
38 669
38 669
Free-cash
35 264
36 133
32 720
33 760

Estimated living cost  is ₽38669 per week

₽25628
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3795
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽587
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8659
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44487
₽52076
₽31148
₽36801
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
137 000
health

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

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

-
-
-
6 486
trade
-
-
-
15 275
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.

-
-
-
38 998
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.

-
-
-
2 146
total
-
-
-
62 905
Employee

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

48 142
-
137 000
-
health

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

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

6 486
-
6 486
-
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.

4 136
-
38 998
-
surtax

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

227
-
2 146
-
total
10 849
-
47 630
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
88 858
137 000
-
-
income
13 330
20 550
-
-
chamber of commerce
270
339
-
-
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.

733
1 130
-
-
trade
14 618
22 537
-
-
total
28 951
44 556
-
-
Dividends
59 907
92 445
-
-
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.

803
1 252
-
-
withholding
14 616
22 750
-
-
total
15 419
24 002
-
-
Income
137 000
137 000
137 000
137 000
Total tax
55 219
68 558
47 630
62 905
After tax
81 781
68 442
89 370
74 095
Living cost
37 294
37 294
37 294
37 294
Free-cash
44 487
31 148
52 076
36 801

Estimated living cost  is ₽37294 per week

₽24942
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3933
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽557
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7862
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65312
₽63073
₽69247
₽64361
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 000
social contributions
-
-
-
15 360
health
-
-
-
3 493
income
-
-
-
22 995
total
-
-
-
41 848
Employee
72 999
72 999
126 488
-
health
726
1 241
2 151
-
social contributions
3 547
6 059
8 172
-
income
7 666
6 758
22 301
-
total
11 939
14 058
32 624
-
Employer
72 999
72 999
126 488
-
health
791
1 351
2 340
-
social contributions
3 547
6 059
8 172
-
total
4 338
7 410
10 512
-
Corporate
89 932
56 591
-
-
income
11 242
7 075
-
-
total
11 242
7 075
-
-
Dividends
78 690
49 517
-
-
withholding
13 378
8 419
-
-
total
13 378
8 419
-
-
Income
137 000
137 000
137 000
137 000
Total tax
40 897
36 962
43 136
41 848
After tax
96 103
100 038
93 864
95 152
Living cost
30 791
30 791
30 791
30 791
Free-cash
65 312
69 247
63 073
64 361

Estimated living cost  is ₽30791 per week

₽21049
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2405
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6821
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59780
₽61802
₽59413
₽77289
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 000
health
-
-
-
9 590
income
-
-
-
16 748
pensions
-
-
-
13 700
unemployment
-
-
-
2 055
total
-
-
-
42 093
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.

25 431
10 121
114 644
-
unemployment
381
152
1 720
-
pensions
2 543
1 012
11 464
-
health
1 780
708
8 025
-
income
3 109
1 237
14 015
-
total
7 813
3 109
35 224
-
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.

25 431
10 121
114 644
-
pensions
4 959
1 974
22 356
-
total
4 959
1 974
22 356
-
Corporate
106 610
124 905
-
-
income
9 595
11 241
-
-
total
9 595
11 241
-
-
Dividends
97 015
113 664
-
-
social contributions
18 802
22 049
-
-
withholding
18 433
21 596
-
-
total
37 235
43 645
-
-
Income
137 000
137 000
137 000
137 000
Total tax
59 602
59 969
57 580
42 093
After tax
77 398
77 031
79 420
94 907
Living cost
17 618
17 618
17 618
17 618
Free-cash
59 780
59 413
61 802
77 289

Estimated living cost  is ₽17618 per week

₽12022
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1441
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽352
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3802
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80772
₽56033
₽86671
₽50503
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 000
health
-
-
-
17 810
income
-
-
-
18 358
pensions
-
-
-
27 399
total
-
-
-
63 567
Employee
26 931
-
102 391
-
unemployment
431
-
1 638
-
pensions
539
-
2 048
-
income
3 032
-
19 741
-
total
4 002
-
23 427
-
Employer
26 931
-
102 391
-
pensions
5 387
-
20 478
-
health
3 500
-
13 312
-
unemployment
216
-
820
-
total
9 103
-
34 610
-
Corporate
100 966
137 000
-
-
income
20 193
27 399
-
-
total
20 193
27 399
-
-
Dividends
80 773
109 601
-
-
total
-
-
-
-
Income
137 000
137 000
137 000
137 000
Total tax
33 298
27 399
58 037
63 567
After tax
103 702
109 601
78 963
73 433
Living cost
22 930
22 930
22 930
22 930
Free-cash
80 772
86 671
56 033
50 503

Estimated living cost  is ₽22930 per week

₽15727
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1366
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5376
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7850
₽52101
-₽10075
₽72598
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 000
accident
-
-
-
243
health
-
-
-
2 099
income
-
-
-
36 527
pensions
-
-
-
4 004
other
-
-
-
357
total
-
-
-
43 230
Employee
33 305
-
121 396
-
pensions
3 750
-
7 342
-
health
3 813
-
13 900
-
income
4 569
-
26 881
-
total
12 132
-
48 123
-
Employer
33 305
-
121 396
-
pensions
5 416
-
10 603
-
unemployment
816
-
2 974
-
accident
556
-
2 027
-
total
6 788
-
15 604
-
Corporate
96 908
137 000
-
-
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.

87 217
123 300
-
-
total
87 217
123 300
-
-
Dividends
9 691
13 700
-
-
withholding
1 841
2 603
-
-
total
1 841
2 603
-
-
Income
137 000
137 000
137 000
137 000
Total tax
107 978
125 903
63 727
43 230
After tax
29 022
11 097
73 273
93 770
Living cost
21 172
21 172
21 172
21 172
Free-cash
7 850
-10 075
52 101
72 598

Estimated living cost  is ₽21172 per week

₽15517
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1173
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽442
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4040
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽120847
₽101765
₽122315
₽127795
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
137 000
microenterprise

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

-
-
-
1 370
total
-
-
-
1 370
Employee
9 793
-
137 000
-
income
1 958
-
27 400
-
total
1 958
-
27 400
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

127 207
137 000
-
-
total
-
-
-
-
Dividends
127 207
137 000
-
-
withholding
6 360
6 850
-
-
total
6 360
6 850
-
-
Income
137 000
137 000
137 000
137 000
Total tax
8 318
6 850
27 400
1 370
After tax
128 682
130 150
109 600
135 630
Living cost
7 835
7 835
7 835
7 835
Free-cash
120 847
122 315
101 765
127 795

Estimated living cost  is ₽7835 per week

₽4855
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽651
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽215
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2113
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68947
₽53076
₽75359
₽47409
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 000
health
-
-
-
6 028
income
-
-
-
18 880
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.

-
-
-
32 880
other
-
-
-
6 507
total
-
-
-
64 295
Employee
34 469
-
109 426
-
unemployment
344
-
1 094
-
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.

2 412
-
7 660
-
health
483
-
1 531
-
income
5 934
-
20 768
-
total
9 173
-
31 053
-
Employer
34 469
-
109 426
-
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.

5 860
-
18 603
-
other
1 724
-
5 471
-
health
483
-
1 531
-
unemployment
344
-
1 094
-
accident
276
-
876
-
total
8 687
-
27 575
-
Corporate
93 844
137 000
-
-
income
19 707
28 770
-
-
total
19 707
28 770
-
-
Dividends
74 137
108 230
-
-
withholding
5 190
7 575
-
-
total
5 190
7 575
-
-
Income
137 000
137 000
137 000
137 000
Total tax
42 757
36 345
58 628
64 295
After tax
94 243
100 655
78 372
72 705
Living cost
25 296
25 296
25 296
25 296
Free-cash
68 947
75 359
53 076
47 409

Estimated living cost  is ₽25296 per week

₽17873
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1708
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽407
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5307
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27812
₽18211
₽30453
₽30754
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 000
income
-
-
-
36 338
pensions
-
-
-
7 823
total
-
-
-
44 161
Employee
87 841
-
119 921
-
pensions
8 474
-
9 814
-
health
1 447
-
1 842
-
income
15 834
-
27 972
-
total
25 755
-
39 628
-
Employer
87 841
-
119 921
-
pensions
10 372
-
14 798
-
health
1 668
-
2 278
-
total
12 040
-
17 076
-
Corporate
37 119
137 000
-
-
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.

7 053
26 030
-
-
total
7 053
26 030
-
-
Dividends
30 066
110 970
-
-
withholding
2 255
18 432
-
-
total
2 255
18 432
-
-
Income
137 000
137 000
137 000
137 000
Total tax
47 103
44 462
56 704
44 161
After tax
89 897
92 538
80 296
92 839
Living cost
62 085
62 085
62 085
62 085
Free-cash
27 812
30 453
18 211
30 754

Estimated living cost  is ₽62085 per week

₽46522
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7295
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽505
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7765
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽100291
₽100211
₽104697
₽95164
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 000
health
-
-
-
3 811
income
-
-
-
20 550
pensions

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

-
-
-
4 904
unemployment
-
-
-
133
total
-
-
-
29 398
Employee
16 470
-
130 499
-
accident

We are using the highest rate at 1.1%.

181
-
365
-
pensions

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

1 446
-
2 910
-
health
758
-
1 524
-
income
1 647
-
13 050
-
total
4 032
-
17 849
-
Employer
16 470
-
130 499
-
pensions

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

1 815
-
3 652
-
health
1 137
-
2 286
-
unemployment
98
-
199
-
accident

We are using the highest rate at 1.1%.

181
-
365
-
total
3 231
-
6 502
-
Corporate
117 298
137 000
-
-
income
11 730
13 700
-
-
total
11 730
13 700
-
-
Dividends
105 568
123 300
-
-
withholding
5 278
6 165
-
-
total
5 278
6 165
-
-
Income
137 000
137 000
137 000
137 000
Total tax
24 271
19 865
24 351
29 398
After tax
112 729
117 135
112 649
107 602
Living cost
12 438
12 438
12 438
12 438
Free-cash
100 291
104 697
100 211
95 164

Estimated living cost  is ₽12438 per week

₽7262
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽888
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽330
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3959
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17126
₽29672
₽14738
₽25095
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 000
health
-
-
-
11 706
income
-
-
-
36 434
pensions
-
-
-
11 123
total
-
-
-
59 263
Employee
88 015
81 069
119 358
-
pensions
11 123
11 123
11 123
-
health
10 980
10 584
11 706
-
income

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

13 270
13 270
14 215
-
total
35 373
34 977
37 044
-
Employer
88 015
81 069
119 358
-
pensions
6 125
5 642
7 013
-
health
6 116
5 635
7 003
-
unemployment
3 169
2 918
3 626
-
total
15 410
14 195
17 642
-
Corporate
33 575
41 735
-
-
income
6 714
8 346
-
-
total
6 714
8 346
-
-
Dividends
26 861
33 389
-
-
income
5 707
7 094
-
-
withholding
4 028
5 008
-
-
total
9 735
12 102
-
-
Income
137 000
137 000
137 000
137 000
Total tax
67 232
69 620
54 686
59 263
After tax
69 768
67 380
82 314
77 737
Living cost
52 642
52 642
52 642
52 642
Free-cash
17 126
14 738
29 672
25 095

Estimated living cost  is ₽52642 per week

₽38832
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4702
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽604
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8505
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62336
₽45945
₽70747
₽48315
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 000
social contributions
-
-
-
33 926
health
-
-
-
18 495
income
-
-
-
12 687
solidarity contribution
-
-
-
-
total
-
-
-
65 108
Employee
34 672
-
102 239
-
solidarity contribution
-
-
-
-
health
4 681
-
13 802
-
social contributions
2 254
-
6 646
-
income
4 161
-
12 269
-
total
11 096
-
32 717
-
Employer
34 672
-
102 239
-
health
3 120
-
9 201
-
social contributions
8 668
-
25 560
-
total
11 788
-
34 761
-
Corporate
90 539
137 000
-
-
income
17 202
26 030
-
-
total
17 202
26 030
-
-
Dividends
73 337
110 970
-
-
withholding
11 001
16 646
-
-
total
11 001
16 646
-
-
Income
137 000
137 000
137 000
137 000
Total tax
51 087
42 676
67 478
65 108
After tax
85 913
94 324
69 522
71 892
Living cost
23 577
23 577
23 577
23 577
Free-cash
62 336
70 747
45 945
48 315

Estimated living cost  is ₽23577 per week

₽16377
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1677
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.
₽5059
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28080
₽20748
₽33036
₽27185
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 000
social contributions
-
-
-
35 236
municipal
-
-
-
814
regional
-
-
-
1 586
national
-
-
-
32 121
total
-
-
-
69 757
Employee
84 370
-
137 000
-
regional
796
-
1 396
-
municipal
447
-
726
-
national
14 619
-
27 875
-
social contributions
28 450
-
46 197
-
total
44 312
-
76 194
-
Employer
84 370
-
137 000
-
total
-
-
-
-
Corporate
52 630
137 000
-
-
municipal
2 052
5 343
-
-
nationa
12 631
32 880
-
-
total
14 683
38 223
-
-
Dividends
37 947
98 777
-
-
withholding
9 867
25 683
-
-
total
9 867
25 683
-
-
Income
137 000
137 000
137 000
137 000
Total tax
68 862
63 906
76 194
69 757
After tax
68 138
73 094
60 806
67 243
Living cost
40 058
40 058
40 058
40 058
Free-cash
28 080
33 036
20 748
27 185

Estimated living cost  is ₽40058 per week

₽27924
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2627
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽614
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8892
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62270
₽40464
₽65225
₽44063
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 000
health
-
-
-
8 995
income
-
-
-
32 770
surtax
-
-
-
4 668
pensions
-
-
-
25 340
other
-
-
-
-
unemployment
-
-
-
216
total
-
-
-
71 989
Employee
31 394
-
113 177
-
unemployment
2 185
-
7 876
-
pensions
2 093
-
7 548
-
health
802
-
2 886
-
income
5 262
-
29 358
-
other
-
-
-
-
surtax
103
-
4 098
-
total
10 445
-
51 766
-
Employer
31 394
-
113 177
-
pensions
4 185
-
15 086
-
other
-
-
-
-
health
1 429
-
5 149
-
unemployment
994
-
3 587
-
total
6 608
-
23 822
-
Corporate
98 998
137 000
-
-
income
25 740
35 620
-
-
total
25 740
35 620
-
-
Dividends
73 258
101 380
-
-
withholding
10 989
15 207
-
-
total
10 989
15 207
-
-
Income
137 000
137 000
137 000
137 000
Total tax
53 782
50 827
75 588
71 989
After tax
83 218
86 173
61 412
65 011
Living cost
20 948
20 948
20 948
20 948
Free-cash
62 270
65 225
40 464
44 063

Estimated living cost  is ₽20948 per week

₽12809
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1933
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5723
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52926
₽37881
₽50123
₽50424
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 000
income
-
-
-
36 338
pensions
-
-
-
7 823
total
-
-
-
44 161
Employee
58 869
-
119 921
-
pensions
4 997
-
9 814
-
health
855
-
1 842
-
income
10 603
-
27 972
-
total
16 455
-
39 628
-
Employer
58 869
-
119 921
-
pensions
6 373
-
14 798
-
health
1 118
-
2 278
-
total
7 491
-
17 076
-
Corporate
70 640
137 000
-
-
income

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

13 422
26 030
-
-
total
13 422
26 030
-
-
Dividends
57 219
110 970
-
-
withholding
4 291
18 432
-
-
total
4 291
18 432
-
-
Income
137 000
137 000
137 000
137 000
Total tax
41 659
44 462
56 704
44 161
After tax
95 341
92 538
80 296
92 839
Living cost
42 415
42 415
42 415
42 415
Free-cash
52 926
50 123
37 881
50 424

Estimated living cost  is ₽42415 per week

₽31777
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3179
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽444
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7015
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽19540
₽30451
-₽12700
₽37112
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 000
health
-
-
-
308
pensions
-
-
-
12 604
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.

-
-
-
2 740
regional
-
-
-
5 887
city
-
-
-
1 444
national
-
-
-
1 558
total
-
-
-
24 541
Employee
88 176
-
122 621
-
unemployment
-
-
-
-
pensions
7 408
-
10 301
-
regional
2 887
-
5 035
-
national
417
-
1 241
-
health
199
-
277
-
city
946
-
1 318
-
total
11 857
-
18 172
-
Employer
88 176
-
122 621
-
pensions
7 408
-
10 301
-
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.

1 763
-
2 452
-
health
199
-
277
-
unemployment
-
-
-
-
total
9 370
-
13 030
-
Corporate
38 484
137 000
-
-
regional
8 139
28 976
-
-
national
3 270
11 644
-
-
total
11 409
40 620
-
-
Dividends
27 074
96 380
-
-
withholding
9 477
33 733
-
-
total
9 477
33 733
-
-
Income
137 000
137 000
137 000
137 000
Total tax
42 113
74 353
31 202
24 541
After tax
94 887
62 647
105 798
112 459
Living cost
75 347
75 347
75 347
75 347
Free-cash
19 540
-12 700
30 451
37 112

Estimated living cost  is ₽75347 per week

₽48997
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6762
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽925
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18663
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽39644
₽45881
₽24248
₽29955
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
137 000
health

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

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

-
-
-
6 486
trade
-
-
-
15 926
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.

-
-
-
38 998
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.

-
-
-
2 146
total
-
-
-
63 556
Employee

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

57 053
-
137 000
-
health

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

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

6 486
-
6 486
-
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.

6 709
-
38 998
-
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.

369
-
2 146
-
total
13 564
-
47 630
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
79 947
137 000
-
-
income
11 993
20 550
-
-
chamber of commerce
256
337
-
-
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.

659
1 130
-
-
trade
13 711
23 496
-
-
total
26 619
45 513
-
-
Dividends
53 328
91 488
-
-
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.

713
1 238
-
-
withholding
12 971
22 512
-
-
total
13 684
23 750
-
-
Income
137 000
137 000
137 000
137 000
Total tax
53 867
69 263
47 630
63 556
After tax
83 133
67 737
89 370
73 444
Living cost
43 489
43 489
43 489
43 489
Free-cash
39 644
24 248
45 881
29 955

Estimated living cost  is ₽43489 per week

₽31763
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3479
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽566
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7684
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42175
₽46194
₽36568
₽45212
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 000
social contributions
-
-
-
3 904
health
-
-
-
4 850
income
-
-
-
18 998
surtax
-
-
-
-
pensions
-
-
-
27 310
other
-
-
-
4 246
total
-
-
-
59 308
Employee
40 630
-
107 842
-
pensions
4 594
-
6 745
-
social contributions
1 158
-
3 073
-
income
2 398
-
19 355
-
surtax
-
-
-
-
total
8 150
-
29 173
-
Employer
40 630
-
107 842
-
pensions
6 675
-
11 489
-
other
1 402
-
3 887
-
health
2 845
-
9 086
-
unemployment
1 645
-
4 367
-
social contributions
123
-
324
-
total
12 690
-
29 153
-
Corporate
83 682
137 000
-
-
income
23 431
38 360
-
-
surtax
-
-
-
-
total
23 431
38 360
-
-
Dividends
60 251
98 640
-
-
surtax
-
-
-
-
social contributions
10 362
16 967
-
-
withholding
7 712
12 625
-
-
total
18 074
29 592
-
-
Income
137 000
137 000
137 000
137 000
Total tax
62 345
67 952
58 326
59 308
After tax
74 655
69 048
78 674
77 692
Living cost
32 480
32 480
32 480
32 480
Free-cash
42 175
36 568
46 194
45 212

Estimated living cost  is ₽32480 per week

₽20480
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2641
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8808
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45061
₽49412
₽39786
₽48430
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 000
social contributions
-
-
-
3 904
health
-
-
-
4 850
income
-
-
-
18 998
surtax
-
-
-
-
pensions
-
-
-
27 310
other
-
-
-
4 246
total
-
-
-
59 308
Employee
36 268
-
107 842
-
pensions
4 102
-
6 745
-
social contributions
1 034
-
3 073
-
income
1 870
-
19 355
-
surtax
-
-
-
-
total
7 006
-
29 173
-
Employer
36 268
-
107 842
-
pensions
5 959
-
11 489
-
other
1 252
-
3 887
-
health
2 538
-
9 086
-
unemployment
1 468
-
4 367
-
social contributions
108
-
324
-
total
11 325
-
29 153
-
Corporate
89 406
137 000
-
-
income
25 034
38 360
-
-
surtax
-
-
-
-
total
25 034
38 360
-
-
Dividends
64 372
98 640
-
-
surtax
-
-
-
-
social contributions
11 072
16 967
-
-
withholding
8 240
12 625
-
-
total
19 312
29 592
-
-
Income
137 000
137 000
137 000
137 000
Total tax
62 677
67 952
58 326
59 308
After tax
74 323
69 048
78 674
77 692
Living cost
29 262
29 262
29 262
29 262
Free-cash
45 061
39 786
49 412
48 430

Estimated living cost  is ₽29262 per week

₽16970
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2973
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8764
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63944
₽65915
₽63452
₽67852
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 000
social contributions
-
-
-
18 905
health
-
-
-
9 563
income
-
-
-
20 550
total
-
-
-
49 018
Employee
32 188
-
137 000
-
health
2 247
-
9 563
-
social contributions
4 443
-
18 905
-
income
5 369
-
22 487
-
total
12 059
-
50 955
-
Employer
32 188
-
137 000
-
total
-
-
-
-
Corporate
104 812
137 000
-
-
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%.

5 241
6 849
-
-
total
5 241
6 849
-
-
Dividends
99 571
130 151
-
-
health
6 950
9 085
-
-
social contributions
13 740
17 961
-
-
withholding
14 936
19 523
-
-
total
35 626
46 569
-
-
Income
137 000
137 000
137 000
137 000
Total tax
52 926
53 418
50 955
49 018
After tax
84 074
83 582
86 045
87 982
Living cost
20 130
20 130
20 130
20 130
Free-cash
63 944
63 452
65 915
67 852

Estimated living cost  is ₽20130 per week

₽13472
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1241
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4952
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41171
₽2698
₽42640
₽36425
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 000
health
-
-
-
8 483
surtax
-
-
-
187
income
-
-
-
31 565
chamber of commerce
-
-
-
548
pensions
-
-
-
20 518
unemployment
-
-
-
5 823
total
-
-
-
67 124
Employee
47 443
37 832
106 237
-
unemployment
1 423
1 135
3 187
-
pensions
4 859
3 873
10 879
-
health
1 836
1 465
4 111
-
income
5 401
2 791
25 189
-
other
474
378
1 063
-
total
13 993
9 642
44 429
-
Employer
47 443
37 832
106 237
-
chamber of commerce
189
151
425
-
pensions
5 954
4 749
13 333
-
other
2 254
1 796
5 046
-
health
1 793
1 430
4 016
-
unemployment
1 423
1 135
3 187
-
accident
616
492
1 382
-
surtax
187
187
187
-
payroll
1 423
1 135
3 187
-
total
13 839
11 075
30 763
-
Corporate
75 717
88 092
102 634
-
income

The minimum corporate income for a GmbH is €1,1750 for a year. However, for GmbHs founded after 30 June 2013, the amount is reduced to €500 for the first five years and €1000 for the next five years.

Минимальный корпоративный налог для GmbH €1,1750 в год. Если GmbHs основана после 30 Июня 2013 эта сумма сниже до €500 в первые 5 лет и €1000 для следующих пяти лет.

18 929
22 024
25 659
-
total
18 929
22 024
25 659
-
Dividends
56 789
66 068
-
-
withholding
15 617
18 168
-
-
total
15 617
18 168
-
-
Income
137 000
137 000
137 000
137 000
Total tax
62 378
60 909
100 851
67 124
After tax
74 622
76 091
36 149
69 876
Living cost
33 451
33 451
33 451
33 451
Free-cash
41 171
42 640
2 698
36 425

Estimated living cost  is ₽33451 per week

₽22310
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2854
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽549
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7738
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27829
₽15311
₽42069
₽25547
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 000
social contributions
-
-
-
21 484
communal

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

-
-
-
6 930
national
-
-
-
48 425
total
-
-
-
76 839
Employee

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

67 906
-
106 109
-
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.

591
-
922
-
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.

5 093
-
7 957
-
national
20 877
-
36 787
-
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.

3 191
-
4 987
-
communal

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

3 542
-
5 534
-
total
33 294
-
56 187
-
Employer

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

67 906
-
106 109
-
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.

6 017
-
9 400
-
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.

4 176
-
6 525
-
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.

991
-
1 549
-
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.

883
-
1 380
-
surtax
7 700
-
12 034
-
total
19 767
-
30 888
-
Corporate
49 328
137 000
-
-
income
9 865
27 399
-
-
surtax
198
548
-
-
total
10 063
27 947
-
-
Dividends
39 264
109 053
-
-
withholding

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

11 433
32 370
-
-
total
11 433
32 370
-
-
Income
137 000
137 000
137 000
137 000
Total tax
74 557
60 317
87 075
76 839
After tax
62 443
76 683
49 925
60 161
Living cost
34 614
34 614
34 614
34 614
Free-cash
27 829
42 069
15 311
25 547

Estimated living cost  is ₽34614 per week

₽22296
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3027
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽542
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8750
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50364
₽38578
₽57400
₽42938
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 000
accident
-
-
-
793
income
-
-
-
33 380
pensions
-
-
-
24 901
other
-
-
-
88
unemployment
-
-
-
616
total
-
-
-
59 778
Employee
47 255
-
108 948
-
unemployment
733
-
1 364
-
pensions
2 221
-
4 136
-
income
9 971
-
30 499
-
other
47
-
88
-
total
12 972
-
36 087
-
Employer
47 255
-
108 948
-
pensions
11 151
-
20 766
-
other
377
-
704
-
unemployment
2 600
-
4 839
-
accident
935
-
1 742
-
total
15 063
-
28 051
-
Corporate
74 682
137 000
-
-
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.

11 202
20 550
-
-
total
11 202
20 550
-
-
Dividends
63 480
116 450
-
-
withholding
13 115
24 766
-
-
total
13 115
24 766
-
-
Income
137 000
137 000
137 000
137 000
Total tax
52 352
45 316
64 138
59 778
After tax
84 648
91 684
72 862
77 222
Living cost
34 284
34 284
34 284
34 284
Free-cash
50 364
57 400
38 578
42 938

Estimated living cost  is ₽34284 per week

₽25247
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2432
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6111
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19651
₽24989
₽30163
₽19530
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 000
accident
-
-
-
1 155
health
-
-
-
9 624
income
-
-
-
19 117
surtax
-
-
-
6 792
pensions
-
-
-
20 534
communal
-
-
-
8 658
total
-
-
-
65 880
Employee
71 892
-
122 377
-
pensions
5 750
-
9 790
-
health
3 200
-
5 446
-
income
6 944
-
23 061
-
surtax
4 407
-
7 500
-
total
20 301
-
45 797
-
Employer
71 892
-
122 377
-
pensions
5 750
-
9 790
-
health
2 192
-
3 733
-
accident
647
-
1 101
-
total
8 589
-
14 624
-
Corporate
56 518
137 000
-
-
income
8 478
20 550
-
-
communal
3 816
9 247
-
-
surtax
593
1 438
-
-
total
12 887
31 235
-
-
Dividends
43 632
105 765
-
-
income
17 437
8 148
-
-
withholding
6 545
15 864
-
-
total
23 982
24 012
-
-
Income
137 000
137 000
137 000
137 000
Total tax
65 759
55 247
60 421
65 880
After tax
71 241
81 753
76 579
71 120
Living cost
51 590
51 590
51 590
51 590
Free-cash
19 651
30 163
24 989
19 530

Estimated living cost  is ₽51590 per week

₽38700
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3126
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽546
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9217
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61830
₽40089
₽64850
₽43688
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 000
health
-
-
-
8 995
income
-
-
-
32 770
surtax
-
-
-
4 668
pensions
-
-
-
25 340
other
-
-
-
-
unemployment
-
-
-
216
total
-
-
-
71 989
Employee
31 970
-
113 177
-
unemployment
2 225
-
7 876
-
pensions
2 133
-
7 548
-
health
816
-
2 886
-
income
5 360
-
29 358
-
other
-
-
-
-
surtax
113
-
4 098
-
total
10 647
-
51 766
-
Employer
31 970
-
113 177
-
pensions
4 262
-
15 086
-
other
-
-
-
-
health
1 454
-
5 149
-
unemployment
1 014
-
3 587
-
total
6 730
-
23 822
-
Corporate
98 299
137 000
-
-
income
25 558
35 620
-
-
total
25 558
35 620
-
-
Dividends
72 741
101 380
-
-
withholding
10 912
15 207
-
-
total
10 912
15 207
-
-
Income
137 000
137 000
137 000
137 000
Total tax
53 847
50 827
75 588
71 989
After tax
83 153
86 173
61 412
65 011
Living cost
21 323
21 323
21 323
21 323
Free-cash
61 830
64 850
40 089
43 688

Estimated living cost  is ₽21323 per week

₽12874
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1854
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6102
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44328
₽34785
₽46436
₽41191
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 000
social contributions
-
-
-
35 236
municipal
-
-
-
814
regional
-
-
-
2 065
national
-
-
-
32 121
total
-
-
-
70 236
Employee
52 661
-
137 000
-
regional
709
-
1 844
-
municipal
279
-
726
-
national
8 343
-
27 875
-
social contributions
17 758
-
46 197
-
total
27 089
-
76 642
-
Employer
52 661
-
137 000
-
total
-
-
-
-
Corporate
84 339
137 000
-
-
municipal
4 192
6 810
-
-
nationa
20 242
32 880
-
-
total
24 434
39 690
-
-
Dividends
59 905
97 310
-
-
withholding
15 576
25 301
-
-
total
15 576
25 301
-
-
Income
137 000
137 000
137 000
137 000
Total tax
67 099
64 991
76 642
70 236
After tax
69 901
72 009
60 358
66 764
Living cost
25 573
25 573
25 573
25 573
Free-cash
44 328
46 436
34 785
41 191

Estimated living cost  is ₽25573 per week

₽15904
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2591
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽438
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6640
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54908
₽40469
₽65271
₽42839
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 000
social contributions
-
-
-
33 926
health
-
-
-
18 495
income
-
-
-
12 687
solidarity contribution
-
-
-
-
total
-
-
-
65 108
Employee
42 725
-
102 239
-
solidarity contribution
-
-
-
-
health
5 768
-
13 802
-
social contributions
2 777
-
6 646
-
income
5 127
-
12 269
-
total
13 672
-
32 717
-
Employer
42 725
-
102 239
-
health
3 845
-
9 201
-
social contributions
10 681
-
25 560
-
total
14 526
-
34 761
-
Corporate
79 748
137 000
-
-
income
15 152
26 030
-
-
total
15 152
26 030
-
-
Dividends
64 596
110 970
-
-
withholding
9 689
16 646
-
-
total
9 689
16 646
-
-
Income
137 000
137 000
137 000
137 000
Total tax
53 039
42 676
67 478
65 108
After tax
83 961
94 324
69 522
71 892
Living cost
29 053
29 053
29 053
29 053
Free-cash
54 908
65 271
40 469
42 839

Estimated living cost  is ₽29053 per week

₽21606
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1609
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5335
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45435
₽5895
₽45904
₽39776
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 000
health
-
-
-
8 483
surtax
-
-
-
-
income
-
-
-
31 565
chamber of commerce
-
-
-
548
pensions
-
-
-
20 518
unemployment
-
-
-
5 823
total
-
-
-
66 937
Employee
41 498
37 832
106 381
-
unemployment
1 245
1 135
3 192
-
pensions
4 250
3 873
10 894
-
health
1 605
1 465
4 116
-
income
3 697
2 791
25 238
-
other
414
378
1 065
-
total
11 211
9 642
44 505
-
Employer
41 498
37 832
106 381
-
chamber of commerce
166
151
425
-
pensions
5 208
4 749
13 351
-
other
1 971
1 796
5 053
-
health
1 569
1 430
4 021
-
unemployment
1 245
1 135
3 192
-
accident
539
492
1 384
-
surtax
-
-
-
-
payroll
1 245
1 135
3 192
-
total
11 943
10 888
30 618
-
Corporate
83 560
88 279
102 778
-
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.

20 891
22 071
25 695
-
total
20 891
22 071
25 695
-
Dividends
62 669
66 209
-
-
withholding
17 233
18 208
-
-
total
17 233
18 208
-
-
Income
137 000
137 000
137 000
137 000
Total tax
61 278
60 809
100 818
66 937
After tax
75 722
76 191
36 182
70 063
Living cost
30 287
30 287
30 287
30 287
Free-cash
45 435
45 904
5 895
39 776

Estimated living cost  is ₽30287 per week

₽18168
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3093
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8485
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽115651
₽97391
₽117941
₽123421
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
137 000
microenterprise

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

-
-
-
1 370
total
-
-
-
1 370
Employee
15 262
-
137 000
-
income
3 053
-
27 400
-
total
3 053
-
27 400
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

121 738
137 000
-
-
total
-
-
-
-
Dividends
121 738
137 000
-
-
withholding
6 087
6 850
-
-
total
6 087
6 850
-
-
Income
137 000
137 000
137 000
137 000
Total tax
9 140
6 850
27 400
1 370
After tax
127 860
130 150
109 600
135 630
Living cost
12 209
12 209
12 209
12 209
Free-cash
115 651
117 941
97 391
123 421

Estimated living cost  is ₽12209 per week

₽8262
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽512
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.
₽3025
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60921
₽39354
₽68861
₽42982
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
137 000
health
-
-
-
13 481
income
-
-
-
29 849
pensions
-
-
-
25 020
unemployment
-
-
-
205
total
-
-
-
68 555
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.

41 980
-
118 543
-
unemployment
59
-
166
-
pensions
6 507
-
18 374
-
health
2 711
-
7 658
-
income
7 239
-
27 529
-
total
16 516
-
53 727
-
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.

41 980
-
118 543
-
pensions
3 715
-
10 490
-
health
2 796
-
7 896
-
unemployment
25
-
70
-
total
6 536
-
18 456
-
Corporate
88 484
137 000
-
-
income
16 812
26 030
-
-
total
16 812
26 030
-
-
Dividends
71 673
110 970
-
-
withholding
10 752
16 646
-
-
total
10 752
16 646
-
-
Income
137 000
137 000
137 000
137 000
Total tax
50 616
42 676
72 183
68 555
After tax
86 384
94 324
64 817
68 445
Living cost
25 463
25 463
25 463
25 463
Free-cash
60 921
68 861
39 354
42 982

Estimated living cost  is ₽25463 per week

₽17475
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1632
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5864
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4338
₽83629
₽42450
₽53777
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 000
social contributions
-
-
-
15 618
income
-
-
-
26 704
total
-
-
-
42 322
Employee
58 647
-
-
-
social contributions
4 809
-
685
-
income
12 936
-
-
-
total
17 745
-
685
-
Employer
58 647
-
-
-
social contributions
82 692
-
11 785
-
total
82 692
-
11 785
-
Corporate
-
137 000
-
-
income
-
30 140
-
-
total
-
30 140
-
-
Dividends
-
106 860
-
-
income
-
23 509
-
-
total
-
23 509
-
-
Income
137 000
137 000
137 000
137 000
Total tax
100 437
53 649
12 470
42 322
After tax
36 563
83 351
124 530
94 678
Living cost
40 901
40 901
40 901
40 901
Free-cash
-4 338
42 450
83 629
53 777

Estimated living cost  is ₽40901 per week

₽26538
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3847
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽521
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9995
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47193
₽35145
₽48149
₽44633
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
137 000
social contributions

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

-
-
-
47 607
income
-
-
-
14 983
surtax
-
-
-
-
total
-
-
-
62 590
Employee
43 662
-
110 707
-
social contributions
4 803
-
12 178
-
income
9 082
-
33 607
-
surtax
-
-
-
-
total
13 885
-
45 785
-
Employer
43 662
-
110 707
-
social contributions
10 370
-
26 293
-
total
10 370
-
26 293
-
Corporate
82 969
137 000
-
-
income
17 423
28 770
-
-
surtax
-
-
-
-
total
17 423
28 770
-
-
Dividends
65 546
108 230
-
-
withholding
18 352
30 304
-
-
total
18 352
30 304
-
-
Income
137 000
137 000
137 000
137 000
Total tax
60 030
59 074
72 078
62 590
After tax
76 970
77 926
64 922
74 410
Living cost
29 777
29 777
29 777
29 777
Free-cash
47 193
48 149
35 145
44 633

Estimated living cost  is ₽29777 per week

₽22280
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1756
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽497
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5244
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29721
₽32823
₽23197
₽31841
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 000
social contributions
-
-
-
3 904
health
-
-
-
4 850
income
-
-
-
18 998
surtax
-
-
-
-
pensions
-
-
-
27 310
other
-
-
-
4 246
total
-
-
-
59 308
Employee
59 458
-
107 842
-
pensions
6 725
-
6 745
-
social contributions
1 693
-
3 073
-
income
5 188
-
19 355
-
surtax
-
-
-
-
total
13 606
-
29 173
-
Employer
59 458
-
107 842
-
pensions
9 770
-
11 489
-
other
2 052
-
3 887
-
health
4 162
-
9 086
-
unemployment
2 409
-
4 367
-
social contributions
178
-
324
-
total
18 571
-
29 153
-
Corporate
58 972
137 000
-
-
income
16 513
38 360
-
-
surtax
-
-
-
-
total
16 513
38 360
-
-
Dividends
42 459
98 640
-
-
surtax
-
-
-
-
social contributions
7 303
16 967
-
-
withholding
5 435
12 625
-
-
total
12 738
29 592
-
-
Income
137 000
137 000
137 000
137 000
Total tax
61 428
67 952
58 326
59 308
After tax
75 572
69 048
78 674
77 692
Living cost
45 851
45 851
45 851
45 851
Free-cash
29 721
23 197
32 823
31 841

Estimated living cost  is ₽45851 per week

₽31031
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3751
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽629
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10440
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91575
₽77045
₽94763
₽73401
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 000
social contributions
-
-
-
30 141
income
-
-
-
4 922
total
-
-
-
35 063
Employee
30 520
-
118 614
-
social contributions
1 983
-
7 709
-
income
-
-
5 325
-
total
1 983
-
13 034
-
Employer
30 520
-
118 614
-
social contributions
4 731
-
18 385
-
total
4 731
-
18 385
-
Corporate
101 749
137 000
-
-
income
10 175
13 701
-
-
total
10 175
13 701
-
-
Dividends
91 574
123 299
-
-
total
-
-
-
-
Income
137 000
137 000
137 000
137 000
Total tax
16 889
13 701
31 419
35 063
After tax
120 111
123 299
105 581
101 937
Living cost
28 536
28 536
28 536
28 536
Free-cash
91 575
94 763
77 045
73 401

Estimated living cost  is ₽28536 per week

₽18451
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2151
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽537
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7397
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽69689
-₽69689
-₽69689
₽36852
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 000
municipal
-
-
-
27 644
pensions
-
-
-
822
labour market
-
-
-
10 894
national
-
-
-
15 101
total
-
-
-
54 461
Employee
192 833
192 833
192 833
-
pensions
274
274
274
-
municipal
41 063
41 063
41 063
-
national
23 558
23 558
23 558
-
labour market
15 405
15 405
15 405
-
total
80 300
80 300
80 300
-
Employer
192 833
192 833
192 833
-
municipal
41 128
41 128
41 128
-
pensions
548
548
548
-
national
23 599
23 599
23 599
-
labour market
15 427
15 427
15 427
-
total
80 702
80 702
80 702
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
137 000
137 000
137 000
137 000
Total tax
161 002
161 002
161 002
54 461
After tax
-24 002
-24 002
-24 002
82 539
Living cost
45 687
45 687
45 687
45 687
Free-cash
-69 689
-69 689
-69 689
36 852

Estimated living cost  is ₽45687 per week

₽31269
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4041
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽703
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9674
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7898
₽52413
-₽9763
₽72910
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 000
accident
-
-
-
243
health
-
-
-
2 099
income
-
-
-
36 527
pensions
-
-
-
4 004
other
-
-
-
357
total
-
-
-
43 230
Employee
32 814
-
121 396
-
pensions
3 695
-
7 342
-
health
3 757
-
13 900
-
income
4 502
-
26 881
-
total
11 954
-
48 123
-
Employer
32 814
-
121 396
-
pensions
5 335
-
10 603
-
unemployment
804
-
2 974
-
accident
548
-
2 027
-
total
6 687
-
15 604
-
Corporate
97 499
137 000
-
-
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.

87 749
123 300
-
-
total
87 749
123 300
-
-
Dividends
9 750
13 700
-
-
withholding
1 852
2 603
-
-
total
1 852
2 603
-
-
Income
137 000
137 000
137 000
137 000
Total tax
108 242
125 903
63 727
43 230
After tax
28 758
11 097
73 273
93 770
Living cost
20 860
20 860
20 860
20 860
Free-cash
7 898
-9 763
52 413
72 910

Estimated living cost  is ₽20860 per week

₽15184
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1189
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽391
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4095
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52829
₽37346
₽51278
₽56128
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
137 000
health
-
-
-
1 713
municipal
-
-
-
24 351
national
-
-
-
18 361
total
-
-
-
44 425
Employee
49 946
-
115 250
-
unemployment
749
-
1 729
-
pensions
3 371
-
7 779
-
municipal
8 181
-
18 785
-
national
825
-
11 789
-
health
373
-
1 378
-
total
13 499
-
41 460
-
Employer
49 946
-
115 250
-
pensions
8 665
-
19 995
-
health
384
-
888
-
unemployment
324
-
749
-
accident
50
-
115
-
total
9 423
-
21 747
-
Corporate
77 630
137 000
-
-
income
15 526
27 399
-
-
total
15 526
27 399
-
-
Dividends

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

46 578
82 200
-
-
national
892
7 080
-
-
municipal
8 384
14 796
-
-
total
9 276
21 876
-
-
Income
137 000
137 000
137 000
137 000
Total tax
47 724
49 275
63 207
44 425
After tax
89 276
87 725
73 793
92 575
Living cost
36 447
36 447
36 447
36 447
Free-cash
52 829
51 278
37 346
56 128

Estimated living cost  is ₽36447 per week

₽23807
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3506
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.
₽8555
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72895
₽71884
₽78058
₽73172
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 000
social contributions
-
-
-
15 360
health
-
-
-
3 493
income
-
-
-
22 995
total
-
-
-
41 848
Employee
72 999
72 999
126 488
-
health
566
1 241
2 151
-
social contributions
2 760
6 059
8 172
-
income
7 948
6 758
22 301
-
total
11 274
14 058
32 624
-
Employer
72 999
72 999
126 488
-
health
614
1 351
2 340
-
social contributions
2 760
6 059
8 172
-
total
3 374
7 410
10 512
-
Corporate
100 372
56 591
-
-
income
12 546
7 075
-
-
total
12 546
7 075
-
-
Dividends
87 826
49 517
-
-
withholding
14 931
8 419
-
-
total
14 931
8 419
-
-
Income
137 000
137 000
137 000
137 000
Total tax
42 125
36 962
43 136
41 848
After tax
94 875
100 038
93 864
95 152
Living cost
21 980
21 980
21 980
21 980
Free-cash
72 895
78 058
71 884
73 172

Estimated living cost  is ₽21980 per week

₽13173
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2156
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.
₽6165
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93546
₽79698
₽98378
₽98736
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
137 000
health
-
-
-
3 436
income
-
-
-
13 690
pensions
-
-
-
6 039
unemployment
-
-
-
27
total
-
-
-
23 192
Employee

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

21 790
-
127 722
-
unemployment
108
-
450
-
pensions
3 268
-
13 511
-
health
1 852
-
7 657
-
income
1 490
-
11 335
-
total
6 718
-
32 953
-
Employer

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

21 790
-
127 722
-
pensions
1 198
-
4 954
-
health
937
-
3 873
-
unemployment
108
-
450
-
total
2 243
-
9 277
-
Corporate
112 967
137 000
-
-
income
10 168
12 330
-
-
total
10 168
12 330
-
-
Dividends
102 799
124 670
-
-
withholding
9 253
11 220
-
-
total
9 253
11 220
-
-
Income
137 000
137 000
137 000
137 000
Total tax
28 382
23 550
42 230
23 192
After tax
108 618
113 450
94 770
113 808
Living cost
15 072
15 072
15 072
15 072
Free-cash
93 546
98 378
79 698
98 736

Estimated living cost  is ₽15072 per week

₽9617
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1086
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3920
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61129
₽46757
₽65579
₽51117
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 000
accident
-
-
-
793
income
-
-
-
33 380
pensions
-
-
-
24 901
other
-
-
-
88
unemployment
-
-
-
616
total
-
-
-
59 778
Employee
35 102
-
108 948
-
unemployment
544
-
1 364
-
pensions
1 650
-
4 136
-
income
6 767
-
30 499
-
other
34
-
88
-
total
8 995
-
36 087
-
Employer
35 102
-
108 948
-
pensions
8 283
-
20 766
-
other
281
-
704
-
unemployment
1 931
-
4 839
-
accident
695
-
1 742
-
total
11 190
-
28 051
-
Corporate
90 707
137 000
-
-
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.

13 605
20 550
-
-
total
13 605
20 550
-
-
Dividends
77 101
116 450
-
-
withholding
15 976
24 766
-
-
total
15 976
24 766
-
-
Income
137 000
137 000
137 000
137 000
Total tax
49 766
45 316
64 138
59 778
After tax
87 234
91 684
72 862
77 222
Living cost
26 105
26 105
26 105
26 105
Free-cash
61 129
65 579
46 757
51 117

Estimated living cost  is ₽26105 per week

₽17621
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2510
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.
₽5518
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83338
₽85986
₽83640
₽86117
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 000
health
-
-
-
977
income
-
-
-
46 710
pensions
-
-
-
1 348
total
-
-
-
49 035
Employee
2 815
-
135 484
-
unemployment
28
-
67
-
pensions
253
-
607
-
health
141
-
337
-
income
544
-
46 639
-
total
966
-
47 650
-
Employer
2 815
-
135 484
-
pensions
310
-
741
-
health
267
-
640
-
unemployment
56
-
135
-
total
633
-
1 516
-
Corporate
133 552
137 000
-
-
income
29 381
30 140
-
-
total
29 381
30 140
-
-
Dividends
104 171
106 860
-
-
withholding
20 834
21 372
-
-
total
20 834
21 372
-
-
Income
137 000
137 000
137 000
137 000
Total tax
51 814
51 512
49 166
49 035
After tax
85 186
85 488
87 834
87 965
Living cost
1 848
1 848
1 848
1 848
Free-cash
83 338
83 640
85 986
86 117

Estimated living cost  is ₽1848 per week

₽1098
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽150
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽42
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽558
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77904
₽63797
₽82573
₽63796
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
137 000
health
-
-
-
7 223
income
-
-
-
30 286
pensions
-
-
-
18 233
unemployment
-
-
-
1 052
total
-
-
-
56 794
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.

24 745
-
124 448
-
unemployment
186
-
526
-
pensions
3 464
-
9 818
-
health
1 274
-
3 611
-
income
3 411
-
30 286
-
total
8 335
-
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.

24 745
-
124 448
-
pensions
2 969
-
8 415
-
health
1 274
-
3 611
-
unemployment
186
-
526
-
total
4 429
-
12 552
-
Corporate
107 826
137 000
-
-
income
16 174
20 550
-
-
total
16 174
20 550
-
-
Dividends
91 652
116 450
-
-
withholding
13 748
17 467
-
-
total
13 748
17 467
-
-
Income
137 000
137 000
137 000
137 000
Total tax
42 686
38 017
56 793
56 794
After tax
94 314
98 983
80 207
80 206
Living cost
16 410
16 410
16 410
16 410
Free-cash
77 904
82 573
63 797
63 796

Estimated living cost  is ₽16410 per week

₽11049
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1269
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3617
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51991
₽39329
₽52333
₽48817
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
137 000
social contributions

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

-
-
-
47 607
income
-
-
-
14 983
surtax
-
-
-
-
total
-
-
-
62 590
Employee
36 846
-
110 707
-
social contributions
4 053
-
12 178
-
income
7 199
-
33 607
-
surtax
-
-
-
-
total
11 252
-
45 785
-
Employer
36 846
-
110 707
-
social contributions
8 750
-
26 293
-
total
8 750
-
26 293
-
Corporate
91 404
137 000
-
-
income
19 195
28 770
-
-
surtax
-
-
-
-
total
19 195
28 770
-
-
Dividends
72 209
108 230
-
-
withholding
20 219
30 304
-
-
total
20 219
30 304
-
-
Income
137 000
137 000
137 000
137 000
Total tax
59 416
59 074
72 078
62 590
After tax
77 584
77 926
64 922
74 410
Living cost
25 593
25 593
25 593
25 593
Free-cash
51 991
52 333
39 329
48 817

Estimated living cost  is ₽25593 per week

₽18127
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1778
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽454
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5235
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51608
₽39498
₽58320
₽43858
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 000
accident
-
-
-
793
income
-
-
-
33 380
pensions
-
-
-
24 901
other
-
-
-
88
unemployment
-
-
-
616
total
-
-
-
59 778
Employee
45 848
-
108 948
-
unemployment
710
-
1 364
-
pensions
2 155
-
4 136
-
income
9 576
-
30 499
-
other
45
-
88
-
total
12 486
-
36 087
-
Employer
45 848
-
108 948
-
pensions
10 820
-
20 766
-
other
368
-
704
-
unemployment
2 522
-
4 839
-
accident
908
-
1 742
-
total
14 618
-
28 051
-
Corporate
76 534
137 000
-
-
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.

11 479
20 550
-
-
total
11 479
20 550
-
-
Dividends
65 055
116 450
-
-
withholding
13 445
24 766
-
-
total
13 445
24 766
-
-
Income
137 000
137 000
137 000
137 000
Total tax
52 028
45 316
64 138
59 778
After tax
84 972
91 684
72 862
77 222
Living cost
33 364
33 364
33 364
33 364
Free-cash
51 608
58 320
39 498
43 858

Estimated living cost  is ₽33364 per week

₽23960
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2594
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽470
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6340
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95035
₽96329
₽100815
₽91282
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 000
health
-
-
-
3 811
income
-
-
-
20 550
pensions

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

-
-
-
4 904
unemployment
-
-
-
133
total
-
-
-
29 398
Employee
21 610
-
130 499
-
accident

We are using the highest rate at 1.1%.

237
-
365
-
pensions

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

1 897
-
2 910
-
health
994
-
1 524
-
income
2 161
-
13 050
-
total
5 289
-
17 849
-
Employer
21 610
-
130 499
-
pensions

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

2 381
-
3 652
-
health
1 491
-
2 286
-
unemployment
130
-
199
-
accident

We are using the highest rate at 1.1%.

237
-
365
-
total
4 239
-
6 502
-
Corporate
111 151
137 000
-
-
income
11 115
13 700
-
-
total
11 115
13 700
-
-
Dividends
100 036
123 300
-
-
withholding
5 002
6 165
-
-
total
5 002
6 165
-
-
Income
137 000
137 000
137 000
137 000
Total tax
25 645
19 865
24 351
29 398
After tax
111 355
117 135
112 649
107 602
Living cost
16 320
16 320
16 320
16 320
Free-cash
95 035
100 815
96 329
91 282

Estimated living cost  is ₽16320 per week

₽10794
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.
₽389
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4203
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sofia model

Close
Berlin , Germany
₽46324
₽52719
₽33904
₽39393
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
137 000
health

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

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

-
-
-
6 486
trade
-
-
-
13 326
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.

-
-
-
38 998
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.

-
-
-
2 146
total
-
-
-
60 956
Employee

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

47 235
-
137 000
-
health

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

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

6 486
-
6 486
-
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.

3 884
-
38 998
-
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.

214
-
2 146
-
total
10 584
-
47 630
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
89 765
137 000
-
-
income
13 465
20 550
-
-
chamber of commerce
276
346
-
-
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.

740
1 130
-
-
trade
12 881
19 660
-
-
total
27 362
41 686
-
-
Dividends
62 403
95 314
-
-
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.

838
1 290
-
-
withholding
15 241
23 469
-
-
total
16 079
24 759
-
-
Income
137 000
137 000
137 000
137 000
Total tax
54 025
66 445
47 630
60 956
After tax
82 975
70 555
89 370
76 044
Living cost
36 651
36 651
36 651
36 651
Free-cash
46 324
33 904
52 719
39 393

Estimated living cost  is ₽36651 per week

₽25283
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3944
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6893
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43919
₽21656
₽41822
₽21656
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 000
social contributions
-
-
-
22 157
income
-
-
-
39 109
total
-
-
-
61 266
Employee
74 259
-
137 000
-
social contributions
6 169
-
22 157
-
income
14 012
-
39 109
-
total
20 181
-
61 266
-
Employer
74 259
-
137 000
-
total
-
-
-
-
Corporate
62 741
137 000
-
-
income
7 842
17 125
-
-
total
7 842
17 125
-
-
Dividends
54 899
119 875
-
-
withholding
10 980
23 975
-
-
total
10 980
23 975
-
-
Income
137 000
137 000
137 000
137 000
Total tax
39 003
41 100
61 266
61 266
After tax
97 997
95 900
75 734
75 734
Living cost
54 078
54 078
54 078
54 078
Free-cash
43 919
41 822
21 656
21 656

Estimated living cost  is ₽54078 per week

₽41142
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4407
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8013
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52892
₽64793
₽49574
₽69656
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
137 000
income
-
-
-
27 023
health

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

-
-
-
5 860
total
-
-
-
32 883
Employee
43 550
-
132 633
-
social contributions
4 363
-
4 367
-
income
4 725
-
29 012
-
total
9 088
-
33 379
-
Employer
43 550
-
132 633
-
social contributions
4 363
-
4 367
-
total
4 363
-
4 367
-
Corporate
89 087
137 000
-
-
income
31 181
47 950
-
-
total
31 181
47 950
-
-
Dividends
57 906
89 050
-
-
social contributions
5 015
5 015
-
-
total
5 015
5 015
-
-
Income
137 000
137 000
137 000
137 000
Total tax
49 647
52 965
37 746
32 883
After tax
87 353
84 035
99 254
104 117
Living cost
34 461
34 461
34 461
34 461
Free-cash
52 892
49 574
64 793
69 656

Estimated living cost  is ₽34461 per week

₽22699
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2717
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8516
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62927
₽45814
₽58056
₽58357
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 000
income
-
-
-
36 338
pensions
-
-
-
7 823
total
-
-
-
44 161
Employee
47 331
-
119 921
-
pensions
3 613
-
9 814
-
health
617
-
1 842
-
income
8 619
-
27 972
-
total
12 849
-
39 628
-
Employer
47 331
-
119 921
-
pensions
4 782
-
14 798
-
health
900
-
2 278
-
total
5 682
-
17 076
-
Corporate
83 987
137 000
-
-
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.

15 957
26 030
-
-
total
15 957
26 030
-
-
Dividends
68 030
110 970
-
-
withholding
5 103
18 432
-
-
total
5 103
18 432
-
-
Income
137 000
137 000
137 000
137 000
Total tax
39 591
44 462
56 704
44 161
After tax
97 409
92 538
80 296
92 839
Living cost
34 482
34 482
34 482
34 482
Free-cash
62 927
58 056
45 814
58 357

Estimated living cost  is ₽34482 per week

₽23654
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3171
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽431
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7223
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

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

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

Source of data for Edinburgh model

Close
Warsaw , Poland
₽7582
₽50348
-₽11828
₽70845
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 000
accident
-
-
-
243
health
-
-
-
2 099
income
-
-
-
36 527
pensions
-
-
-
4 004
other
-
-
-
357
total
-
-
-
43 230
Employee
36 062
-
121 396
-
pensions
4 061
-
7 342
-
health
4 129
-
13 900
-
income
4 947
-
26 881
-
total
13 137
-
48 123
-
Employer
36 062
-
121 396
-
pensions
5 863
-
10 603
-
unemployment
883
-
2 974
-
accident
602
-
2 027
-
total
7 348
-
15 604
-
Corporate
93 589
137 000
-
-
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.

84 230
123 300
-
-
total
84 230
123 300
-
-
Dividends
9 359
13 700
-
-
withholding
1 778
2 603
-
-
total
1 778
2 603
-
-
Income
137 000
137 000
137 000
137 000
Total tax
106 493
125 903
63 727
43 230
After tax
30 507
11 097
73 273
93 770
Living cost
22 925
22 925
22 925
22 925
Free-cash
7 582
-11 828
50 348
70 845

Estimated living cost  is ₽22925 per week

₽16824
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1336
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4303
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98020
₽81167
₽102461
₽64370
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
137 000
income
-
-
-
22 131
health insurance
-
-
-
10 138
pensions
-
-
-
25 208
unemployment
-
-
-
1 644
work injury
-
-
-
685
total
-
-
-
59 806
Employee

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

20 519
-
137 000
-
unemployment
246
-
911
-
pensions
3 775
-
13 969
-
work injury
103
-
380
-
income
2 052
-
22 131
-
health insurance
1 518
-
5 618
-
total
7 694
-
43 009
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
116 481
137 000
-
-
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%.

1 165
1 370
-
-
total
1 165
1 370
-
-
Dividends
115 316
135 630
-
-
withholding
17 297
20 345
-
-
total
17 297
20 345
-
-
Income
137 000
137 000
137 000
137 000
Total tax
26 156
21 715
43 009
59 806
After tax
110 844
115 285
93 991
77 194
Living cost
12 824
12 824
12 824
12 824
Free-cash
98 020
102 461
81 167
64 370

Estimated living cost  is ₽12824 per week

₽7945
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽932
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽400
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3547
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

Close
Rome , Italy
₽30025
₽21599
₽34343
₽27804
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 000
social contributions
-
-
-
35 236
municipal
-
-
-
915
regional
-
-
-
3 105
national
-
-
-
32 121
total
-
-
-
71 377
Employee
79 996
-
137 000
-
regional
1 208
-
2 692
-
municipal
477
-
818
-
national
13 519
-
27 875
-
social contributions
26 974
-
46 197
-
total
42 178
-
77 582
-
Employer
79 996
-
137 000
-
total
-
-
-
-
Corporate
57 004
137 000
-
-
municipal
2 747
6 603
-
-
nationa
13 681
32 880
-
-
total
16 428
39 483
-
-
Dividends
40 575
97 518
-
-
withholding
10 550
25 355
-
-
total
10 550
25 355
-
-
Income
137 000
137 000
137 000
137 000
Total tax
69 156
64 838
77 582
71 377
After tax
67 844
72 162
59 418
65 623
Living cost
37 819
37 819
37 819
37 819
Free-cash
30 025
34 343
21 599
27 804

Estimated living cost  is ₽37819 per week

₽26565
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2601
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8080
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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