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
₽50870
₽60601
₽45983
₽40357
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
2 143
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.

-
-
-
6 493
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.

-
-
-
38 973
trade
-
-
-
14 618
total
-
-
-
62 227
Employee

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

36 355
-
137 000
-
income

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

1 016
-
38 973
-
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
-
2 143
-
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.

6 493
-
6 493
-
total
7 565
-
47 609
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
100 645
137 000
-
-
surtax

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

830
1 131
-
-
chamber of commerce
289
341
-
-
income
15 097
20 550
-
-
trade
15 851
21 578
-
-
total
32 067
43 600
-
-
Dividends
68 579
93 400
-
-
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
1 264
-
-
withholding
16 784
22 989
-
-
total
17 708
24 253
-
-
Income
137 000
137 000
137 000
137 000
Total tax
57 340
67 853
47 609
62 227
After tax
79 660
69 147
89 391
74 773
Living cost
28 790
28 790
28 790
28 790
Free-cash
50 870
40 357
60 601
45 983

Estimated living cost  is ₽28790 per week

₽18110
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3357
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽538
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6786
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32048
₽30157
₽29080
₽32922
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
22 756
pensions
-
-
-
16 440
municipal
-
-
-
14 685
social contributions
-
-
-
1 473
total
-
-
-
55 354
Employee
81 487
-
118 435
-
pensions
3 259
-
4 737
-
national
15 597
-
23 577
-
municipal
10 065
-
15 215
-
total
28 921
-
43 529
-
Employer
81 487
-
118 435
-
social contributions
876
-
1 273
-
pensions
6 519
-
9 475
-
total
7 395
-
10 748
-
Corporate
42 740
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%.

8 548
27 400
-
-
total
8 548
27 400
-
-
Dividends
34 192
109 600
-
-
withholding
7 522
24 112
-
-
total
7 522
24 112
-
-
Income
137 000
137 000
137 000
137 000
Total tax
52 386
51 512
54 277
55 354
After tax
84 614
85 488
82 723
81 646
Living cost
52 566
52 566
52 566
52 566
Free-cash
32 048
32 922
30 157
29 080

Estimated living cost  is ₽52566 per week

₽35729
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4886
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽787
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11164
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82029
₽64294
₽23821
₽89825
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
34 935
income
-
-
-
22 052
microenterprise
-
-
-
-
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.

-
-
-
36 418
total
-
-
-
93 405
Employee
27 774
-
97 217
-
income
4 944
-
18 818
-
surtax
-
-
-
-
social contributions

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

3 056
-
10 694
-
total
8 000
-
29 512
-
Employer
27 774
-
97 217
-
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.

6 690
-
23 420
-
surtax
-
-
-
-
total
6 690
-
23 420
-
Corporate
102 536
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%.

20 507
27 401
-
-
total
20 507
27 401
-
-
Dividends

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

82 029
109 599
-
-
total
-
-
-
-
Income
137 000
137 000
137 000
137 000
Total tax
35 197
27 401
52 932
93 405
After tax
101 803
109 599
84 068
43 595
Living cost
19 774
19 774
19 774
19 774
Free-cash
82 029
89 825
64 294
23 821

Estimated living cost  is ₽19774 per week

₽12615
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1883
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.
₽4827
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21734
₽42473
₽37935
₽27557
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
11 136
health
-
-
-
11 721
income
-
-
-
36 390
total
-
-
-
59 247
Employee
81 168
81 168
119 336
-
income

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

13 286
13 286
14 188
-
pensions
14 610
11 136
11 136
-
health
12 458
10 597
11 721
-
total
40 354
35 019
37 045
-
Employer
81 168
81 168
119 336
-
unemployment
2 922
2 922
3 631
-
health
5 642
5 642
7 011
-
pensions
5 649
5 649
7 022
-
total
14 213
14 213
17 664
-
Corporate
42 614
41 618
-
-
income
8 523
8 324
-
-
total
8 523
8 324
-
-
Dividends
34 091
33 294
-
-
income
7 244
7 074
-
-
withholding
5 114
4 995
-
-
total
12 358
12 069
-
-
Income
137 000
137 000
137 000
137 000
Total tax
75 448
69 625
54 709
59 247
After tax
61 552
67 375
82 291
77 753
Living cost
39 818
39 818
39 818
39 818
Free-cash
21 734
27 557
42 473
37 935

Estimated living cost  is ₽39818 per week

₽28218
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3589
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽633
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7377
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36085
₽33423
₽34342
₽36935
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
83
accident
-
-
-
166
national
-
-
-
7 064
pensions
-
-
-
8 971
health
-
-
-
5 179
municipal
-
-
-
33 684
other
-
-
-
9 644
total
-
-
-
64 791
Employee
53 957
-
110 924
-
national
-
-
6 556
-
municipal
16 090
-
33 078
-
total
16 090
-
39 634
-
Employer
53 957
-
110 924
-
accident
108
-
166
-
unemployment
1 424
-
2 191
-
health
3 318
-
5 104
-
pensions
5 833
-
8 971
-
other
6 270
-
9 644
-
total
16 953
-
26 076
-
Corporate
66 090
137 000
-
-
income
14 540
30 140
-
-
total
14 540
30 140
-
-
Dividends
51 550
106 860
-
-
withholding
15 465
32 058
-
-
total
15 465
32 058
-
-
Income
137 000
137 000
137 000
137 000
Total tax
63 048
62 198
65 710
64 791
After tax
73 952
74 802
71 290
72 209
Living cost
37 867
37 867
37 867
37 867
Free-cash
36 085
36 935
33 423
34 342

Estimated living cost  is ₽37867 per week

₽25097
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3716
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8479
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44459
₽52052
₽36785
₽31102
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
2 143
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.

-
-
-
6 493
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.

-
-
-
38 973
trade
-
-
-
15 267
total
-
-
-
62 876
Employee

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

48 201
-
137 000
-
income

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

4 141
-
38 973
-
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
-
2 143
-
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.

6 493
-
6 493
-
total
10 861
-
47 609
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
88 799
137 000
-
-
surtax

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

732
1 131
-
-
chamber of commerce
271
339
-
-
income
13 321
20 550
-
-
trade
14 607
22 536
-
-
total
28 931
44 556
-
-
Dividends
59 868
92 444
-
-
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
14 607
22 751
-
-
total
15 410
24 003
-
-
Income
137 000
137 000
137 000
137 000
Total tax
55 202
68 559
47 609
62 876
After tax
81 798
68 441
89 391
74 124
Living cost
37 339
37 339
37 339
37 339
Free-cash
44 459
31 102
52 052
36 785

Estimated living cost  is ₽37339 per week

₽24973
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3938
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.
₽7872
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65270
₽63047
₽64333
₽69211
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 494
income
-
-
-
22 965
social contributions
-
-
-
15 379
total
-
-
-
41 838
Employee
73 088
73 088
126 479
-
income
7 675
6 766
22 271
-
social contributions
3 552
6 066
8 182
-
health
727
1 243
2 150
-
total
11 954
14 075
32 603
-
Employer
73 088
73 088
126 479
-
social contributions
3 552
6 066
8 182
-
health
792
1 353
2 339
-
total
4 344
7 419
10 521
-
Corporate
89 874
56 493
-
-
income
11 234
7 062
-
-
total
11 234
7 062
-
-
Dividends
78 640
49 431
-
-
withholding
13 369
8 404
-
-
total
13 369
8 404
-
-
Income
137 000
137 000
137 000
137 000
Total tax
40 901
36 960
43 124
41 838
After tax
96 099
100 040
93 876
95 162
Living cost
30 829
30 829
30 829
30 829
Free-cash
65 270
69 211
63 047
64 333

Estimated living cost  is ₽30829 per week

₽21075
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2408
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽518
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6829
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58971
₽60959
₽76446
₽58587
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
2 055
pensions
-
-
-
13 700
health
-
-
-
9 590
income
-
-
-
16 748
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.

26 649
10 606
114 644
-
income
3 258
1 297
14 015
-
pensions
2 665
1 061
11 464
-
unemployment
400
159
1 720
-
health
1 865
742
8 025
-
total
8 188
3 259
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.

26 649
10 606
114 644
-
pensions
5 197
2 068
22 356
-
total
5 197
2 068
22 356
-
Corporate
105 154
124 326
-
-
income
9 464
11 189
-
-
total
9 464
11 189
-
-
Dividends
95 690
113 136
-
-
social contributions
18 538
21 940
-
-
withholding
18 181
21 496
-
-
total
36 719
43 436
-
-
Income
137 000
137 000
137 000
137 000
Total tax
59 568
59 952
57 580
42 093
After tax
77 432
77 048
79 420
94 907
Living cost
18 461
18 461
18 461
18 461
Free-cash
58 971
58 587
60 959
76 446

Estimated living cost  is ₽18461 per week

₽12598
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1511
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽369
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3984
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80738
₽56010
₽50473
₽86641
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
27 401
health
-
-
-
17 810
income
-
-
-
18 358
total
-
-
-
63 569
Employee
26 964
-
102 390
-
income
3 036
-
19 740
-
pensions
539
-
2 047
-
unemployment
431
-
1 638
-
total
4 006
-
23 425
-
Employer
26 964
-
102 390
-
unemployment
216
-
819
-
health
3 505
-
13 310
-
pensions
5 393
-
20 478
-
total
9 114
-
34 607
-
Corporate
100 922
137 000
-
-
income
20 184
27 401
-
-
total
20 184
27 401
-
-
Dividends
80 738
109 599
-
-
total
-
-
-
-
Income
137 000
137 000
137 000
137 000
Total tax
33 304
27 401
58 032
63 569
After tax
103 696
109 599
78 968
73 431
Living cost
22 958
22 958
22 958
22 958
Free-cash
80 738
86 641
56 010
50 473

Estimated living cost  is ₽22958 per week

₽15747
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1367
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.
₽5382
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7948
₽52914
₽73215
-₽9441
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
236
pensions
-
-
-
3 884
health
-
-
-
2 036
income
-
-
-
36 745
other
-
-
-
346
total
-
-
-
43 247
Employee
32 308
-
121 701
-
income
4 432
-
27 192
-
pensions
3 638
-
7 122
-
health
3 699
-
13 935
-
total
11 769
-
48 249
-
Employer
32 308
-
121 701
-
accident
539
-
2 032
-
unemployment
792
-
2 982
-
pensions
5 253
-
10 285
-
total
6 584
-
15 299
-
Corporate
98 108
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.

88 297
123 300
-
-
total
88 297
123 300
-
-
Dividends
9 811
13 700
-
-
withholding
1 864
2 603
-
-
total
1 864
2 603
-
-
Income
137 000
137 000
137 000
137 000
Total tax
108 514
125 903
63 548
43 247
After tax
28 486
11 097
73 452
93 753
Living cost
20 538
20 538
20 538
20 538
Free-cash
7 948
-9 441
52 914
73 215

Estimated living cost  is ₽20538 per week

₽15053
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1138
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽429
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3919
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽120208
₽101228
₽127258
₽121778
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
10 465
-
137 000
-
income
2 093
-
27 400
-
total
2 093
-
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%.

126 535
137 000
-
-
total
-
-
-
-
Dividends
126 535
137 000
-
-
withholding
6 327
6 850
-
-
total
6 327
6 850
-
-
Income
137 000
137 000
137 000
137 000
Total tax
8 420
6 850
27 400
1 370
After tax
128 580
130 150
109 600
135 630
Living cost
8 372
8 372
8 372
8 372
Free-cash
120 208
121 778
101 228
127 258

Estimated living cost  is ₽8372 per week

₽5189
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽696
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽230
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2258
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68907
₽53048
₽47383
₽75327
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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
health
-
-
-
6 028
income
-
-
-
18 874
other
-
-
-
6 508
total
-
-
-
64 290
Employee
34 511
-
109 424
-
income
5 942
-
20 763
-
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.

2 415
-
7 660
-
unemployment
345
-
1 095
-
health
483
-
1 531
-
total
9 185
-
31 049
-
Employer
34 511
-
109 424
-
accident
276
-
875
-
unemployment
345
-
1 095
-
health
483
-
1 531
-
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.

5 868
-
18 602
-
other
1 726
-
5 473
-
total
8 698
-
27 576
-
Corporate
93 791
137 000
-
-
income
19 697
28 770
-
-
total
19 697
28 770
-
-
Dividends
74 094
108 230
-
-
withholding
5 186
7 576
-
-
total
5 186
7 576
-
-
Income
137 000
137 000
137 000
137 000
Total tax
42 766
36 346
58 625
64 290
After tax
94 234
100 654
78 375
72 710
Living cost
25 327
25 327
25 327
25 327
Free-cash
68 907
75 327
53 048
47 383

Estimated living cost  is ₽25327 per week

₽17895
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1710
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5314
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24936
₽16257
₽28841
₽28745
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
8 017
income
-
-
-
35 671
total
-
-
-
43 688
Employee
91 216
-
119 980
-
income
16 443
-
27 283
-
pensions
8 800
-
10 102
-
health
1 503
-
1 867
-
total
26 746
-
39 252
-
Employer
91 216
-
119 980
-
health
1 732
-
2 280
-
pensions
10 770
-
14 740
-
total
12 502
-
17 020
-
Corporate
33 281
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.

6 324
26 030
-
-
total
6 324
26 030
-
-
Dividends
26 957
110 970
-
-
withholding
2 021
17 754
-
-
total
2 021
17 754
-
-
Income
137 000
137 000
137 000
137 000
Total tax
47 593
43 784
56 272
43 688
After tax
89 407
93 216
80 728
93 312
Living cost
64 471
64 471
64 471
64 471
Free-cash
24 936
28 745
16 257
28 841

Estimated living cost  is ₽64471 per week

₽48309
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7575
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8063
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽99708
₽99417
₽94431
₽104268
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
137
pensions

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

-
-
-
5 073
health
-
-
-
3 942
income
-
-
-
20 550
total
-
-
-
29 702
Employee
17 038
-
130 275
-
income
1 703
-
13 027
-
pensions

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

1 496
-
3 010
-
accident

We are using the highest rate at 1.1%.

188
-
377
-
health
784
-
1 577
-
total
4 171
-
17 991
-
Employer
17 038
-
130 275
-
accident

We are using the highest rate at 1.1%.

188
-
377
-
unemployment
102
-
206
-
health
1 176
-
2 365
-
pensions

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

1 878
-
3 777
-
total
3 344
-
6 725
-
Corporate
116 619
137 000
-
-
income
11 662
13 700
-
-
total
11 662
13 700
-
-
Dividends
104 958
123 300
-
-
withholding
5 248
6 165
-
-
total
5 248
6 165
-
-
Income
137 000
137 000
137 000
137 000
Total tax
24 425
19 865
24 716
29 702
After tax
112 575
117 135
112 284
107 298
Living cost
12 867
12 867
12 867
12 867
Free-cash
99 708
104 268
99 417
94 431

Estimated living cost  is ₽12867 per week

₽7512
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽919
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽341
Clothing and shoes. We estimate one pair of shoes and 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

Source of data for Varna model

Close
Amsterdam , Netherlands
₽17060
₽29585
₽25047
₽14669
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
11 136
health
-
-
-
11 721
income
-
-
-
36 390
total
-
-
-
59 247
Employee
88 123
81 168
119 336
-
income

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

13 286
13 286
14 188
-
pensions
11 136
11 136
11 136
-
health
10 994
10 597
11 721
-
total
35 416
35 019
37 045
-
Employer
88 123
81 168
119 336
-
unemployment
3 173
2 922
3 631
-
health
6 124
5 642
7 011
-
pensions
6 133
5 649
7 022
-
total
15 430
14 213
17 664
-
Corporate
33 448
41 618
-
-
income
6 690
8 324
-
-
total
6 690
8 324
-
-
Dividends
26 758
33 294
-
-
income
5 685
7 074
-
-
withholding
4 013
4 995
-
-
total
9 698
12 069
-
-
Income
137 000
137 000
137 000
137 000
Total tax
67 234
69 625
54 709
59 247
After tax
69 766
67 375
82 291
77 753
Living cost
52 706
52 706
52 706
52 706
Free-cash
17 060
14 669
29 585
25 047

Estimated living cost  is ₽52706 per week

₽38880
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4708
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.
₽8515
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62421
₽46008
₽48455
₽70810
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
18 495
solidarity contribution
-
-
-
-
income
-
-
-
12 700
social contributions
-
-
-
33 836
total
-
-
-
65 031
Employee
34 580
-
102 239
-
solidarity contribution
-
-
-
-
income
4 150
-
12 269
-
social contributions
2 248
-
6 646
-
health
4 668
-
13 802
-
total
11 066
-
32 717
-
Employer
34 580
-
102 239
-
social contributions
8 645
-
25 560
-
health
3 112
-
9 201
-
total
11 757
-
34 761
-
Corporate
90 663
137 000
-
-
income
17 226
26 030
-
-
total
17 226
26 030
-
-
Dividends
73 437
110 970
-
-
withholding
11 016
16 646
-
-
total
11 016
16 646
-
-
Income
137 000
137 000
137 000
137 000
Total tax
51 065
42 676
67 478
65 031
After tax
85 935
94 324
69 522
71 969
Living cost
23 514
23 514
23 514
23 514
Free-cash
62 421
70 810
46 008
48 455

Estimated living cost  is ₽23514 per week

₽16333
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1673
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.
₽5046
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28025
₽20706
₽27150
₽32988
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
32 108
regional
-
-
-
1 586
municipal
-
-
-
813
social contributions
-
-
-
35 236
total
-
-
-
69 743
Employee
84 474
-
137 000
-
regional
797
-
1 396
-
national
14 637
-
27 868
-
social contributions
28 485
-
46 196
-
municipal
447
-
727
-
total
44 366
-
76 187
-
Employer
84 474
-
137 000
-
total
-
-
-
-
Corporate
52 526
137 000
-
-
nationa
12 606
32 880
-
-
municipal
2 049
5 343
-
-
total
14 655
38 223
-
-
Dividends
37 871
98 777
-
-
withholding
9 847
25 682
-
-
total
9 847
25 682
-
-
Income
137 000
137 000
137 000
137 000
Total tax
68 868
63 905
76 187
69 743
After tax
68 132
73 095
60 813
67 257
Living cost
40 107
40 107
40 107
40 107
Free-cash
28 025
32 988
20 706
27 150

Estimated living cost  is ₽40107 per week

₽27958
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2630
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽615
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8903
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62241
₽40455
₽44038
₽65199
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
216
surtax
-
-
-
4 661
pensions
-
-
-
25 371
health
-
-
-
9 006
income
-
-
-
32 734
other
-
-
-
-
total
-
-
-
71 988
Employee
31 432
-
113 176
-
other
-
-
-
-
income
5 269
-
29 341
-
pensions
2 096
-
7 549
-
surtax
103
-
4 094
-
unemployment
2 188
-
7 877
-
health
803
-
2 886
-
total
10 459
-
51 747
-
Employer
31 432
-
113 176
-
unemployment
996
-
3 588
-
health
1 430
-
5 150
-
pensions
4 190
-
15 086
-
other
-
-
-
-
total
6 616
-
23 824
-
Corporate
98 952
137 000
-
-
income
25 727
35 620
-
-
total
25 727
35 620
-
-
Dividends
73 225
101 380
-
-
withholding
10 983
15 207
-
-
total
10 983
15 207
-
-
Income
137 000
137 000
137 000
137 000
Total tax
53 785
50 827
75 571
71 988
After tax
83 215
86 173
61 429
65 012
Living cost
20 974
20 974
20 974
20 974
Free-cash
62 241
65 199
40 455
44 038

Estimated living cost  is ₽20974 per week

₽12825
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1935
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.
₽5730
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51017
₽36683
₽49267
₽49171
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
8 017
income
-
-
-
35 671
total
-
-
-
43 688
Employee
61 131
-
119 980
-
income
11 010
-
27 283
-
pensions
5 189
-
10 102
-
health
887
-
1 867
-
total
17 086
-
39 252
-
Employer
61 131
-
119 980
-
health
1 161
-
2 280
-
pensions
6 617
-
14 740
-
total
7 778
-
17 020
-
Corporate
68 091
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.

12 938
26 030
-
-
total
12 938
26 030
-
-
Dividends
55 153
110 970
-
-
withholding
4 136
17 754
-
-
total
4 136
17 754
-
-
Income
137 000
137 000
137 000
137 000
Total tax
41 938
43 784
56 272
43 688
After tax
95 062
93 216
80 728
93 312
Living cost
44 045
44 045
44 045
44 045
Free-cash
51 017
49 171
36 683
49 267

Estimated living cost  is ₽44045 per week

₽32998
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3301
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.
₽7284
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽19525
₽30431
₽37089
-₽12724
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
1 557
pensions
-
-
-
12 604
health
-
-
-
308
regional
-
-
-
5 887
city
-
-
-
1 444
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.

-
-
-
2 739
total
-
-
-
24 539
Employee
88 205
-
122 622
-
pensions
7 410
-
10 299
-
regional
2 888
-
5 035
-
national
418
-
1 241
-
unemployment
-
-
-
-
health
199
-
277
-
city
947
-
1 316
-
total
11 862
-
18 168
-
Employer
88 205
-
122 622
-
unemployment
-
-
-
-
health
199
-
277
-
pensions
7 410
-
10 299
-
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.

1 764
-
2 453
-
total
9 373
-
13 029
-
Corporate
38 452
137 000
-
-
national
3 268
11 644
-
-
regional
8 132
28 976
-
-
total
11 400
40 620
-
-
Dividends
27 051
96 380
-
-
withholding
9 468
33 732
-
-
total
9 468
33 732
-
-
Income
137 000
137 000
137 000
137 000
Total tax
42 103
74 352
31 197
24 539
After tax
94 897
62 648
105 803
112 461
Living cost
75 372
75 372
75 372
75 372
Free-cash
19 525
-12 724
30 431
37 089

Estimated living cost  is ₽75372 per week

₽49014
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6764
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.
₽18669
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽39610
₽45848
₽29932
₽24195
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
2 143
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.

-
-
-
6 493
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.

-
-
-
38 973
trade
-
-
-
15 916
total
-
-
-
63 525
Employee

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

57 123
-
137 000
-
income

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

6 717
-
38 973
-
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.

370
-
2 143
-
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.

6 493
-
6 493
-
total
13 580
-
47 609
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
79 877
137 000
-
-
surtax

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

658
1 131
-
-
chamber of commerce
256
337
-
-
income
11 982
20 550
-
-
trade
13 699
23 496
-
-
total
26 595
45 514
-
-
Dividends
53 281
91 486
-
-
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.

712
1 237
-
-
withholding
12 960
22 511
-
-
total
13 672
23 748
-
-
Income
137 000
137 000
137 000
137 000
Total tax
53 847
69 262
47 609
63 525
After tax
83 153
67 738
89 391
73 475
Living cost
43 543
43 543
43 543
43 543
Free-cash
39 610
24 195
45 848
29 932

Estimated living cost  is ₽43543 per week

₽31802
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3483
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.
₽7693
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42141
₽46173
₽45175
₽36530
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
-
pensions
-
-
-
27 329
health
-
-
-
4 843
income
-
-
-
18 982
social contributions
-
-
-
3 903
other
-
-
-
4 248
total
-
-
-
59 305
Employee
40 680
-
107 857
-
income
2 401
-
19 348
-
pensions
4 600
-
6 741
-
surtax
-
-
-
-
social contributions
1 160
-
3 074
-
total
8 161
-
29 163
-
Employer
40 680
-
107 857
-
unemployment
1 647
-
4 369
-
social contributions
123
-
323
-
health
2 848
-
9 083
-
pensions
6 683
-
11 485
-
other
1 403
-
3 884
-
total
12 704
-
29 144
-
Corporate
83 617
137 000
-
-
surtax
-
-
-
-
income
23 413
38 360
-
-
total
23 413
38 360
-
-
Dividends
60 204
98 640
-
-
surtax
-
-
-
-
social contributions
10 355
16 964
-
-
withholding
7 706
12 626
-
-
total
18 061
29 590
-
-
Income
137 000
137 000
137 000
137 000
Total tax
62 339
67 950
58 307
59 305
After tax
74 661
69 050
78 693
77 695
Living cost
32 520
32 520
32 520
32 520
Free-cash
42 141
36 530
46 173
45 175

Estimated living cost  is ₽32520 per week

₽20505
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2644
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽554
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8818
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45032
₽49395
₽48397
₽39752
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
-
pensions
-
-
-
27 329
health
-
-
-
4 843
income
-
-
-
18 982
social contributions
-
-
-
3 903
other
-
-
-
4 248
total
-
-
-
59 305
Employee
36 312
-
107 857
-
income
1 872
-
19 348
-
pensions
4 107
-
6 741
-
surtax
-
-
-
-
social contributions
1 035
-
3 074
-
total
7 014
-
29 163
-
Employer
36 312
-
107 857
-
unemployment
1 470
-
4 369
-
social contributions
108
-
323
-
health
2 541
-
9 083
-
pensions
5 967
-
11 485
-
other
1 254
-
3 884
-
total
11 340
-
29 144
-
Corporate
89 348
137 000
-
-
surtax
-
-
-
-
income
25 018
38 360
-
-
total
25 018
38 360
-
-
Dividends
64 330
98 640
-
-
surtax
-
-
-
-
social contributions
11 064
16 964
-
-
withholding
8 234
12 626
-
-
total
19 298
29 590
-
-
Income
137 000
137 000
137 000
137 000
Total tax
62 670
67 950
58 307
59 305
After tax
74 330
69 050
78 693
77 695
Living cost
29 298
29 298
29 298
29 298
Free-cash
45 032
39 752
49 395
48 397

Estimated living cost  is ₽29298 per week

₽16991
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2976
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8775
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63922
₽65893
₽67825
₽63428
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 563
income
-
-
-
20 550
social contributions
-
-
-
18 907
total
-
-
-
49 020
Employee
32 227
-
137 000
-
income
5 375
-
22 482
-
social contributions
4 448
-
18 907
-
health
2 249
-
9 563
-
total
12 072
-
50 952
-
Employer
32 227
-
137 000
-
total
-
-
-
-
Corporate
104 773
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%.

5 238
6 851
-
-
total
5 238
6 851
-
-
Dividends
99 535
130 149
-
-
social contributions
13 735
17 960
-
-
withholding
14 930
19 522
-
-
health
6 948
9 084
-
-
total
35 613
46 566
-
-
Income
137 000
137 000
137 000
137 000
Total tax
52 923
53 417
50 952
49 020
After tax
84 077
83 583
86 048
87 980
Living cost
20 155
20 155
20 155
20 155
Free-cash
63 922
63 428
65 893
67 825

Estimated living cost  is ₽20155 per week

₽13488
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1243
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.
₽4958
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41131
₽2674
₽36372
₽42603
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
5 830
surtax
-
-
-
188
pensions
-
-
-
20 543
health
-
-
-
8 494
income
-
-
-
31 533
chamber of commerce
-
-
-
548
total
-
-
-
67 136
Employee
47 501
37 879
106 235
-
other
474
379
1 062
-
income
5 408
2 794
25 175
-
pensions
4 865
3 878
10 878
-
unemployment
1 425
1 136
3 187
-
health
1 838
1 466
4 111
-
total
14 010
9 653
44 413
-
Employer
47 501
37 879
106 235
-
chamber of commerce
189
152
426
-
surtax
188
188
188
-
accident
617
492
1 382
-
payroll
1 425
1 136
3 187
-
unemployment
1 425
1 136
3 187
-
health
1 795
1 432
4 015
-
pensions
5 961
4 755
13 333
-
other
2 256
1 798
5 047
-
total
13 856
11 089
30 765
-
Corporate
75 642
88 032
102 628
-
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.

18 910
22 007
25 656
-
total
18 910
22 007
25 656
-
Dividends
56 732
66 025
-
-
withholding
15 601
18 156
-
-
total
15 601
18 156
-
-
Income
137 000
137 000
137 000
137 000
Total tax
62 377
60 905
100 834
67 136
After tax
74 623
76 095
36 166
69 864
Living cost
33 492
33 492
33 492
33 492
Free-cash
41 131
42 603
2 674
36 372

Estimated living cost  is ₽33492 per week

₽22338
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2857
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7747
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27771
₽15278
₽25515
₽42027
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
48 412
communal

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

-
-
-
6 932
social contributions
-
-
-
21 485
total
-
-
-
76 829
Employee

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

67 989
-
106 111
-
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.

5 099
-
7 958
-
communal

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

3 546
-
5 534
-
national
20 903
-
36 776
-
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.

592
-
924
-
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.

3 194
-
4 987
-
total
33 334
-
56 179
-
Employer

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

67 989
-
106 111
-
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.

884
-
1 378
-
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.

992
-
1 549
-
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.

4 181
-
6 524
-
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.

6 024
-
9 401
-
surtax
7 709
-
12 035
-
total
19 790
-
30 887
-
Corporate
49 220
137 000
-
-
surtax
197
548
-
-
income
9 845
27 401
-
-
total
10 042
27 949
-
-
Dividends
39 179
109 051
-
-
withholding

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

11 407
32 368
-
-
total
11 407
32 368
-
-
Income
137 000
137 000
137 000
137 000
Total tax
74 573
60 317
87 066
76 829
After tax
62 427
76 683
49 934
60 171
Living cost
34 656
34 656
34 656
34 656
Free-cash
27 771
42 027
15 278
25 515

Estimated living cost  is ₽34656 per week

₽22323
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3030
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽543
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8761
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50314
₽38519
₽42899
₽57360
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
617
accident
-
-
-
794
pensions
-
-
-
24 931
income
-
-
-
33 345
other
-
-
-
88
total
-
-
-
59 775
Employee
47 313
-
108 914
-
other
47
-
88
-
income
9 983
-
30 475
-
pensions
2 224
-
4 141
-
unemployment
734
-
1 365
-
total
12 988
-
36 069
-
Employer
47 313
-
108 914
-
accident
936
-
1 744
-
unemployment
2 603
-
4 845
-
pensions
11 165
-
20 792
-
other
377
-
705
-
total
15 081
-
28 086
-
Corporate
74 606
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.

11 190
20 550
-
-
total
11 190
20 550
-
-
Dividends
63 415
116 450
-
-
withholding
13 101
24 764
-
-
total
13 101
24 764
-
-
Income
137 000
137 000
137 000
137 000
Total tax
52 360
45 314
64 155
59 775
After tax
84 640
91 686
72 845
77 225
Living cost
34 326
34 326
34 326
34 326
Free-cash
50 314
57 360
38 519
42 899

Estimated living cost  is ₽34326 per week

₽25278
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2435
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.
₽6118
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19593
₽24944
₽19486
₽30107
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 154
surtax
-
-
-
6 791
pensions
-
-
-
20 536
communal
-
-
-
8 658
health
-
-
-
9 627
income
-
-
-
19 094
total
-
-
-
65 860
Employee
71 980
-
122 373
-
income
6 953
-
23 037
-
pensions
5 758
-
9 791
-
surtax
4 412
-
7 500
-
health
3 203
-
5 447
-
total
20 326
-
45 775
-
Employer
71 980
-
122 373
-
accident
648
-
1 102
-
health
2 195
-
3 734
-
pensions
5 758
-
9 791
-
total
8 601
-
14 627
-
Corporate
56 420
137 000
-
-
surtax
592
1 439
-
-
communal
3 808
9 248
-
-
income
8 463
20 550
-
-
total
12 863
31 237
-
-
Dividends
43 557
105 763
-
-
income
17 430
8 138
-
-
withholding
6 533
15 864
-
-
total
23 963
24 002
-
-
Income
137 000
137 000
137 000
137 000
Total tax
65 753
55 239
60 402
65 860
After tax
71 247
81 761
76 598
71 140
Living cost
51 654
51 654
51 654
51 654
Free-cash
19 593
30 107
24 944
19 486

Estimated living cost  is ₽51654 per week

₽38748
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3129
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9228
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61799
₽40080
₽43663
₽64824
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
216
surtax
-
-
-
4 661
pensions
-
-
-
25 371
health
-
-
-
9 006
income
-
-
-
32 734
other
-
-
-
-
total
-
-
-
71 988
Employee
32 009
-
113 176
-
other
-
-
-
-
income
5 366
-
29 341
-
pensions
2 136
-
7 549
-
surtax
114
-
4 094
-
unemployment
2 228
-
7 877
-
health
817
-
2 886
-
total
10 661
-
51 747
-
Employer
32 009
-
113 176
-
unemployment
1 016
-
3 588
-
health
1 456
-
5 150
-
pensions
4 268
-
15 086
-
other
-
-
-
-
total
6 740
-
23 824
-
Corporate
98 252
137 000
-
-
income
25 546
35 620
-
-
total
25 546
35 620
-
-
Dividends
72 706
101 380
-
-
withholding
10 905
15 207
-
-
total
10 905
15 207
-
-
Income
137 000
137 000
137 000
137 000
Total tax
53 852
50 827
75 571
71 988
After tax
83 148
86 173
61 429
65 012
Living cost
21 349
21 349
21 349
21 349
Free-cash
61 799
64 824
40 080
43 663

Estimated living cost  is ₽21349 per week

₽12890
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1856
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6109
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44297
₽34761
₽41173
₽46406
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
32 108
regional
-
-
-
2 066
municipal
-
-
-
813
social contributions
-
-
-
35 236
total
-
-
-
70 223
Employee
52 725
-
137 000
-
regional
710
-
1 844
-
national
8 353
-
27 868
-
social contributions
17 779
-
46 196
-
municipal
280
-
727
-
total
27 122
-
76 635
-
Employer
52 725
-
137 000
-
total
-
-
-
-
Corporate
84 275
137 000
-
-
nationa
20 225
32 880
-
-
municipal
4 188
6 809
-
-
total
24 413
39 689
-
-
Dividends
59 861
97 311
-
-
withholding
15 564
25 301
-
-
total
15 564
25 301
-
-
Income
137 000
137 000
137 000
137 000
Total tax
67 099
64 990
76 635
70 223
After tax
69 901
72 010
60 365
66 777
Living cost
25 604
25 604
25 604
25 604
Free-cash
44 297
46 406
34 761
41 173

Estimated living cost  is ₽25604 per week

₽15923
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.
₽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.
₽6649
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55012
₽40546
₽42993
₽65348
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
18 495
solidarity contribution
-
-
-
-
income
-
-
-
12 700
social contributions
-
-
-
33 836
total
-
-
-
65 031
Employee
42 611
-
102 239
-
solidarity contribution
-
-
-
-
income
5 113
-
12 269
-
social contributions
2 770
-
6 646
-
health
5 752
-
13 802
-
total
13 635
-
32 717
-
Employer
42 611
-
102 239
-
social contributions
10 653
-
25 560
-
health
3 835
-
9 201
-
total
14 488
-
34 761
-
Corporate
79 901
137 000
-
-
income
15 181
26 030
-
-
total
15 181
26 030
-
-
Dividends
64 720
110 970
-
-
withholding
9 708
16 646
-
-
total
9 708
16 646
-
-
Income
137 000
137 000
137 000
137 000
Total tax
53 012
42 676
67 478
65 031
After tax
83 988
94 324
69 522
71 969
Living cost
28 976
28 976
28 976
28 976
Free-cash
55 012
65 348
40 546
42 993

Estimated living cost  is ₽28976 per week

₽21548
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1605
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽501
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5321
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45403
₽5874
₽39728
₽45872
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
5 830
surtax
-
-
-
-
pensions
-
-
-
20 543
health
-
-
-
8 494
income
-
-
-
31 533
chamber of commerce
-
-
-
548
total
-
-
-
66 948
Employee
41 549
37 879
106 385
-
other
415
379
1 064
-
income
3 701
2 794
25 225
-
pensions
4 255
3 878
10 895
-
unemployment
1 246
1 136
3 191
-
health
1 607
1 466
4 118
-
total
11 224
9 653
44 493
-
Employer
41 549
37 879
106 385
-
chamber of commerce
166
152
426
-
surtax
-
-
-
-
accident
539
492
1 383
-
payroll
1 246
1 136
3 191
-
unemployment
1 246
1 136
3 191
-
health
1 571
1 432
4 021
-
pensions
5 215
4 755
13 351
-
other
1 973
1 798
5 052
-
total
11 956
10 901
30 615
-
Corporate
83 494
88 220
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.

20 873
22 054
25 694
-
total
20 873
22 054
25 694
-
Dividends
62 621
66 165
-
-
withholding
17 220
18 196
-
-
total
17 220
18 196
-
-
Income
137 000
137 000
137 000
137 000
Total tax
61 273
60 804
100 802
66 948
After tax
75 727
76 196
36 198
70 052
Living cost
30 324
30 324
30 324
30 324
Free-cash
45 403
45 872
5 874
39 728

Estimated living cost  is ₽30324 per week

₽18191
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3097
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽541
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8496
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽114656
₽96553
₽122583
₽117103
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
16 309
-
137 000
-
income
3 262
-
27 400
-
total
3 262
-
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%.

120 691
137 000
-
-
total
-
-
-
-
Dividends
120 691
137 000
-
-
withholding
6 035
6 850
-
-
total
6 035
6 850
-
-
Income
137 000
137 000
137 000
137 000
Total tax
9 297
6 850
27 400
1 370
After tax
127 703
130 150
109 600
135 630
Living cost
13 047
13 047
13 047
13 047
Free-cash
114 656
117 103
96 553
122 583

Estimated living cost  is ₽13047 per week

₽8829
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽548
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.
₽3232
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60882
₽39331
₽42960
₽68831
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
206
pensions
-
-
-
25 020
health
-
-
-
13 481
income
-
-
-
29 839
total
-
-
-
68 546
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.

42 031
-
118 544
-
income
7 248
-
27 519
-
pensions
6 515
-
18 375
-
unemployment
60
-
166
-
health
2 715
-
7 659
-
total
16 538
-
53 719
-
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.

42 031
-
118 544
-
unemployment
25
-
70
-
health
2 799
-
7 895
-
pensions
3 719
-
10 491
-
total
6 543
-
18 456
-
Corporate
88 425
137 000
-
-
income
16 800
26 030
-
-
total
16 800
26 030
-
-
Dividends
71 625
110 970
-
-
withholding
10 743
16 645
-
-
total
10 743
16 645
-
-
Income
137 000
137 000
137 000
137 000
Total tax
50 624
42 675
72 175
68 546
After tax
86 376
94 325
64 825
68 454
Living cost
25 494
25 494
25 494
25 494
Free-cash
60 882
68 831
39 331
42 960

Estimated living cost  is ₽25494 per week

₽17496
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1634
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.
₽5871
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽16983
₽78854
₽50118
₽38791
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 704
social contributions
-
-
-
15 618
total
-
-
-
42 322
Employee
63 893
-
-
-
income
14 094
-
-
-
social contributions
5 239
-
747
-
total
19 333
-
747
-
Employer
63 893
-
-
-
social contributions
90 090
-
12 839
-
total
90 090
-
12 839
-
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
109 423
53 649
13 586
42 322
After tax
27 577
83 351
123 414
94 678
Living cost
44 560
44 560
44 560
44 560
Free-cash
-16 983
38 791
78 854
50 118

Estimated living cost  is ₽44560 per week

₽28913
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4191
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽568
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10889
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47153
₽35122
₽44602
₽48111
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
-
income
-
-
-
14 976
social contributions

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

-
-
-
47 608
total
-
-
-
62 584
Employee
43 715
-
110 707
-
income
9 093
-
33 594
-
surtax
-
-
-
-
social contributions
4 809
-
12 177
-
total
13 902
-
45 771
-
Employer
43 715
-
110 707
-
social contributions
10 382
-
26 293
-
total
10 382
-
26 293
-
Corporate
82 902
137 000
-
-
surtax
-
-
-
-
income
17 410
28 770
-
-
total
17 410
28 770
-
-
Dividends
65 493
108 230
-
-
withholding
18 339
30 305
-
-
total
18 339
30 305
-
-
Income
137 000
137 000
137 000
137 000
Total tax
60 033
59 075
72 064
62 584
After tax
76 967
77 925
64 936
74 416
Living cost
29 814
29 814
29 814
29 814
Free-cash
47 153
48 111
35 122
44 602

Estimated living cost  is ₽29814 per week

₽22307
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1759
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽498
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5251
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29672
₽32785
₽31787
₽23142
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
-
pensions
-
-
-
27 329
health
-
-
-
4 843
income
-
-
-
18 982
social contributions
-
-
-
3 903
other
-
-
-
4 248
total
-
-
-
59 305
Employee
59 531
-
107 857
-
income
5 194
-
19 348
-
pensions
6 733
-
6 741
-
surtax
-
-
-
-
social contributions
1 696
-
3 074
-
total
13 623
-
29 163
-
Employer
59 531
-
107 857
-
unemployment
2 412
-
4 369
-
social contributions
179
-
323
-
health
4 167
-
9 083
-
pensions
9 782
-
11 485
-
other
2 054
-
3 884
-
total
18 594
-
29 144
-
Corporate
58 876
137 000
-
-
surtax
-
-
-
-
income
16 484
38 360
-
-
total
16 484
38 360
-
-
Dividends
42 391
98 640
-
-
surtax
-
-
-
-
social contributions
7 293
16 964
-
-
withholding
5 426
12 626
-
-
total
12 719
29 590
-
-
Income
137 000
137 000
137 000
137 000
Total tax
61 420
67 950
58 307
59 305
After tax
75 580
69 050
78 693
77 695
Living cost
45 908
45 908
45 908
45 908
Free-cash
29 672
23 142
32 785
31 787

Estimated living cost  is ₽45908 per week

₽31069
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3755
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽630
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10453
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91535
₽77013
₽73377
₽94730
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 913
social contributions
-
-
-
30 139
total
-
-
-
35 052
Employee
30 557
-
118 614
-
income
-
-
5 319
-
social contributions
1 986
-
7 711
-
total
1 986
-
13 030
-
Employer
30 557
-
118 614
-
social contributions
4 737
-
18 386
-
total
4 737
-
18 386
-
Corporate
101 706
137 000
-
-
income
10 171
13 699
-
-
total
10 171
13 699
-
-
Dividends
91 535
123 301
-
-
total
-
-
-
-
Income
137 000
137 000
137 000
137 000
Total tax
16 894
13 699
31 416
35 052
After tax
120 106
123 301
105 584
101 948
Living cost
28 571
28 571
28 571
28 571
Free-cash
91 535
94 730
77 013
73 377

Estimated living cost  is ₽28571 per week

₽18474
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽538
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7406
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽69696
-₽69696
₽36850
-₽69696
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
15 101
pensions
-
-
-
822
municipal
-
-
-
27 644
labour market
-
-
-
10 894
total
-
-
-
54 461
Employee
192 841
192 841
192 841
-
labour market
15 405
15 405
15 405
-
pensions
274
274
274
-
national
23 559
23 559
23 559
-
municipal
41 064
41 064
41 064
-
total
80 302
80 302
80 302
-
Employer
192 841
192 841
192 841
-
labour market
15 427
15 427
15 427
-
national
23 600
23 600
23 600
-
municipal
41 130
41 130
41 130
-
pensions
548
548
548
-
total
80 705
80 705
80 705
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
137 000
137 000
137 000
137 000
Total tax
161 007
161 007
161 007
54 461
After tax
-24 007
-24 007
-24 007
82 539
Living cost
45 689
45 689
45 689
45 689
Free-cash
-69 696
-69 696
-69 696
36 850

Estimated living cost  is ₽45689 per week

₽31270
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4042
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
₽7993
₽53217
₽73518
-₽9138
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
236
pensions
-
-
-
3 884
health
-
-
-
2 036
income
-
-
-
36 745
other
-
-
-
346
total
-
-
-
43 247
Employee
31 832
-
121 701
-
income
4 367
-
27 192
-
pensions
3 584
-
7 122
-
health
3 645
-
13 935
-
total
11 596
-
48 249
-
Employer
31 832
-
121 701
-
accident
532
-
2 032
-
unemployment
780
-
2 982
-
pensions
5 176
-
10 285
-
total
6 488
-
15 299
-
Corporate
98 681
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.

88 813
123 300
-
-
total
88 813
123 300
-
-
Dividends
9 868
13 700
-
-
withholding
1 875
2 603
-
-
total
1 875
2 603
-
-
Income
137 000
137 000
137 000
137 000
Total tax
108 772
125 903
63 548
43 247
After tax
28 228
11 097
73 452
93 753
Living cost
20 235
20 235
20 235
20 235
Free-cash
7 993
-9 138
53 217
73 518

Estimated living cost  is ₽20235 per week

₽14729
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽380
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3973
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52781
₽37311
₽56095
₽51244
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
18 347
health
-
-
-
1 714
municipal
-
-
-
24 352
total
-
-
-
44 413
Employee
50 007
-
115 252
-
pensions
3 375
-
7 780
-
national
826
-
11 778
-
unemployment
750
-
1 728
-
municipal
8 191
-
18 786
-
health
373
-
1 378
-
total
13 515
-
41 450
-
Employer
50 007
-
115 252
-
accident
51
-
115
-
unemployment
325
-
749
-
health
384
-
887
-
pensions
8 676
-
19 996
-
total
9 436
-
21 747
-
Corporate
77 557
137 000
-
-
income
15 512
27 401
-
-
total
15 512
27 401
-
-
Dividends

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

46 534
82 200
-
-
national
887
7 067
-
-
municipal
8 377
14 796
-
-
total
9 264
21 863
-
-
Income
137 000
137 000
137 000
137 000
Total tax
47 727
49 264
63 197
44 413
After tax
89 273
87 736
73 803
92 587
Living cost
36 492
36 492
36 492
36 492
Free-cash
52 781
51 244
37 311
56 095

Estimated living cost  is ₽36492 per week

₽23836
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3510
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽581
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8566
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72863
₽71869
₽73155
₽78033
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 494
income
-
-
-
22 965
social contributions
-
-
-
15 379
total
-
-
-
41 838
Employee
73 088
73 088
126 479
-
income
7 958
6 766
22 271
-
social contributions
2 763
6 066
8 182
-
health
566
1 243
2 150
-
total
11 287
14 075
32 603
-
Employer
73 088
73 088
126 479
-
social contributions
2 763
6 066
8 182
-
health
615
1 353
2 339
-
total
3 378
7 419
10 521
-
Corporate
100 327
56 493
-
-
income
12 541
7 062
-
-
total
12 541
7 062
-
-
Dividends
87 786
49 431
-
-
withholding
14 924
8 404
-
-
total
14 924
8 404
-
-
Income
137 000
137 000
137 000
137 000
Total tax
42 130
36 960
43 124
41 838
After tax
94 870
100 040
93 876
95 162
Living cost
22 007
22 007
22 007
22 007
Free-cash
72 863
78 033
71 869
73 155

Estimated living cost  is ₽22007 per week

₽13189
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2159
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽487
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6172
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93524
₽79644
₽98709
₽98358
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
27
pensions
-
-
-
6 046
health
-
-
-
3 440
income
-
-
-
13 687
total
-
-
-
23 200
Employee

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

21 817
-
127 711
-
income
1 492
-
11 331
-
pensions
3 272
-
13 528
-
unemployment
108
-
451
-
health
1 854
-
7 666
-
total
6 726
-
32 976
-
Employer

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

21 817
-
127 711
-
unemployment
108
-
451
-
health
938
-
3 878
-
pensions
1 199
-
4 960
-
total
2 245
-
9 289
-
Corporate
112 937
137 000
-
-
income
10 164
12 330
-
-
total
10 164
12 330
-
-
Dividends
102 773
124 670
-
-
withholding
9 250
11 221
-
-
total
9 250
11 221
-
-
Income
137 000
137 000
137 000
137 000
Total tax
28 385
23 551
42 265
23 200
After tax
108 615
113 449
94 735
113 800
Living cost
15 091
15 091
15 091
15 091
Free-cash
93 524
98 358
79 644
98 709

Estimated living cost  is ₽15091 per week

₽9628
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1088
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.
₽3925
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61089
₽46708
₽51088
₽65549
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
617
accident
-
-
-
794
pensions
-
-
-
24 931
income
-
-
-
33 345
other
-
-
-
88
total
-
-
-
59 775
Employee
35 145
-
108 914
-
other
34
-
88
-
income
6 776
-
30 475
-
pensions
1 652
-
4 141
-
unemployment
545
-
1 365
-
total
9 007
-
36 069
-
Employer
35 145
-
108 914
-
accident
696
-
1 744
-
unemployment
1 934
-
4 845
-
pensions
8 294
-
20 792
-
other
281
-
705
-
total
11 205
-
28 086
-
Corporate
90 650
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.

13 597
20 550
-
-
total
13 597
20 550
-
-
Dividends
77 053
116 450
-
-
withholding
15 965
24 764
-
-
total
15 965
24 764
-
-
Income
137 000
137 000
137 000
137 000
Total tax
49 774
45 314
64 155
59 775
After tax
87 226
91 686
72 845
77 225
Living cost
26 137
26 137
26 137
26 137
Free-cash
61 089
65 549
46 708
51 088

Estimated living cost  is ₽26137 per week

₽17642
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2513
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.
₽5525
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83586
₽86341
₽86458
₽83855
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
1 191
health
-
-
-
864
income
-
-
-
46 854
total
-
-
-
48 909
Employee
2 487
-
135 660
-
income
481
-
46 792
-
pensions
224
-
536
-
unemployment
25
-
60
-
health
124
-
298
-
total
854
-
47 686
-
Employer
2 487
-
135 660
-
unemployment
50
-
119
-
health
236
-
566
-
pensions
274
-
655
-
total
560
-
1 340
-
Corporate
133 953
137 000
-
-
income
29 470
30 140
-
-
total
29 470
30 140
-
-
Dividends
104 483
106 860
-
-
withholding
20 897
21 372
-
-
total
20 897
21 372
-
-
Income
137 000
137 000
137 000
137 000
Total tax
51 781
51 512
49 026
48 909
After tax
85 219
85 488
87 974
88 091
Living cost
1 633
1 633
1 633
1 633
Free-cash
83 586
83 855
86 341
86 458

Estimated living cost  is ₽1633 per week

₽970
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽132
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽37
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽493
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77909
₽63807
₽63807
₽82577
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
1 052
pensions
-
-
-
18 227
health
-
-
-
7 221
income
-
-
-
30 288
total
-
-
-
56 788
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.

24 738
-
124 451
-
income
3 410
-
30 288
-
pensions
3 463
-
9 815
-
unemployment
186
-
526
-
health
1 274
-
3 610
-
total
8 333
-
44 239
-
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.

24 738
-
124 451
-
unemployment
186
-
526
-
health
1 274
-
3 610
-
pensions
2 969
-
8 413
-
total
4 429
-
12 549
-
Corporate
107 834
137 000
-
-
income
16 175
20 550
-
-
total
16 175
20 550
-
-
Dividends
91 659
116 450
-
-
withholding
13 749
17 468
-
-
total
13 749
17 468
-
-
Income
137 000
137 000
137 000
137 000
Total tax
42 686
38 018
56 788
56 788
After tax
94 314
98 982
80 212
80 212
Living cost
16 405
16 405
16 405
16 405
Free-cash
77 909
82 577
63 807
63 807

Estimated living cost  is ₽16405 per week

₽11046
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.
₽3616
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51960
₽39311
₽48791
₽52300
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
-
income
-
-
-
14 976
social contributions

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

-
-
-
47 608
total
-
-
-
62 584
Employee
36 891
-
110 707
-
income
7 208
-
33 594
-
surtax
-
-
-
-
social contributions
4 058
-
12 177
-
total
11 266
-
45 771
-
Employer
36 891
-
110 707
-
social contributions
8 761
-
26 293
-
total
8 761
-
26 293
-
Corporate
91 348
137 000
-
-
surtax
-
-
-
-
income
19 183
28 770
-
-
total
19 183
28 770
-
-
Dividends
72 166
108 230
-
-
withholding
20 205
30 305
-
-
total
20 205
30 305
-
-
Income
137 000
137 000
137 000
137 000
Total tax
59 415
59 075
72 064
62 584
After tax
77 585
77 925
64 936
74 416
Living cost
25 625
25 625
25 625
25 625
Free-cash
51 960
52 300
39 311
48 791

Estimated living cost  is ₽25625 per week

₽18149
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1780
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5242
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51559
₽39440
₽43820
₽58281
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
617
accident
-
-
-
794
pensions
-
-
-
24 931
income
-
-
-
33 345
other
-
-
-
88
total
-
-
-
59 775
Employee
45 904
-
108 914
-
other
45
-
88
-
income
9 588
-
30 475
-
pensions
2 157
-
4 141
-
unemployment
711
-
1 365
-
total
12 501
-
36 069
-
Employer
45 904
-
108 914
-
accident
909
-
1 744
-
unemployment
2 525
-
4 845
-
pensions
10 833
-
20 792
-
other
368
-
705
-
total
14 635
-
28 086
-
Corporate
76 460
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.

11 468
20 550
-
-
total
11 468
20 550
-
-
Dividends
64 992
116 450
-
-
withholding
13 432
24 764
-
-
total
13 432
24 764
-
-
Income
137 000
137 000
137 000
137 000
Total tax
52 036
45 314
64 155
59 775
After tax
84 964
91 686
72 845
77 225
Living cost
33 405
33 405
33 405
33 405
Free-cash
51 559
58 281
39 440
43 820

Estimated living cost  is ₽33405 per week

₽23990
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2597
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6347
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94272
₽95402
₽90416
₽100253
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
137
pensions

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

-
-
-
5 073
health
-
-
-
3 942
income
-
-
-
20 550
total
-
-
-
29 702
Employee
22 354
-
130 275
-
income
2 236
-
13 027
-
pensions

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

1 962
-
3 010
-
accident

We are using the highest rate at 1.1%.

246
-
377
-
health
1 028
-
1 577
-
total
5 472
-
17 991
-
Employer
22 354
-
130 275
-
accident

We are using the highest rate at 1.1%.

246
-
377
-
unemployment
134
-
206
-
health
1 543
-
2 365
-
pensions

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

2 463
-
3 777
-
total
4 386
-
6 725
-
Corporate
110 260
137 000
-
-
income
11 026
13 700
-
-
total
11 026
13 700
-
-
Dividends
99 234
123 300
-
-
withholding
4 962
6 165
-
-
total
4 962
6 165
-
-
Income
137 000
137 000
137 000
137 000
Total tax
25 846
19 865
24 716
29 702
After tax
111 154
117 135
112 284
107 298
Living cost
16 882
16 882
16 882
16 882
Free-cash
94 272
100 253
95 402
90 416

Estimated living cost  is ₽16882 per week

₽11166
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽966
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽403
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4348
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46296
₽52695
₽39376
₽33860
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
2 143
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.

-
-
-
6 493
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.

-
-
-
38 973
trade
-
-
-
13 319
total
-
-
-
60 928
Employee

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

47 293
-
137 000
-
income

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

3 889
-
38 973
-
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.

215
-
2 143
-
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.

6 493
-
6 493
-
total
10 597
-
47 609
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
89 707
137 000
-
-
surtax

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

740
1 131
-
-
chamber of commerce
276
345
-
-
income
13 456
20 550
-
-
trade
12 873
19 659
-
-
total
27 345
41 685
-
-
Dividends
62 362
95 316
-
-
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.

837
1 291
-
-
withholding
15 229
23 468
-
-
total
16 066
24 759
-
-
Income
137 000
137 000
137 000
137 000
Total tax
54 008
66 444
47 609
60 928
After tax
82 992
70 556
89 391
76 072
Living cost
36 696
36 696
36 696
36 696
Free-cash
46 296
33 860
52 695
39 376

Estimated living cost  is ₽36696 per week

₽25314
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3948
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽532
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6901
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43855
₽21616
₽21616
₽41756
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
39 089
social contributions
-
-
-
22 151
total
-
-
-
61 240
Employee
74 350
-
137 000
-
income
14 029
-
39 089
-
social contributions
6 177
-
22 151
-
total
20 206
-
61 240
-
Employer
74 350
-
137 000
-
total
-
-
-
-
Corporate
62 650
137 000
-
-
income
7 832
17 125
-
-
total
7 832
17 125
-
-
Dividends
54 818
119 875
-
-
withholding
10 963
23 975
-
-
total
10 963
23 975
-
-
Income
137 000
137 000
137 000
137 000
Total tax
39 001
41 100
61 240
61 240
After tax
97 999
95 900
75 760
75 760
Living cost
54 144
54 144
54 144
54 144
Free-cash
43 855
41 756
21 616
21 616

Estimated living cost  is ₽54144 per week

₽41192
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4412
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽518
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8023
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52846
₽64763
₽69411
₽49524
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health

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

-
-
-
6 030
income
-
-
-
27 056
total
-
-
-
33 086
Employee
43 603
-
132 628
-
income
4 731
-
28 990
-
social contributions
4 369
-
4 372
-
total
9 100
-
33 362
-
Employer
43 603
-
132 628
-
social contributions
4 369
-
4 372
-
total
4 369
-
4 372
-
Corporate
89 028
137 000
-
-
income
31 160
47 951
-
-
total
31 160
47 951
-
-
Dividends
57 869
89 049
-
-
social contributions
5 022
5 022
-
-
total
5 022
5 022
-
-
Income
137 000
137 000
137 000
137 000
Total tax
49 651
52 973
37 734
33 086
After tax
87 349
84 027
99 266
103 914
Living cost
34 503
34 503
34 503
34 503
Free-cash
52 846
49 524
64 763
69 411

Estimated living cost  is ₽34503 per week

₽22727
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2720
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.
₽8526
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61402
₽44921
₽57505
₽57409
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
8 017
income
-
-
-
35 671
total
-
-
-
43 688
Employee
49 150
-
119 980
-
income
8 951
-
27 283
-
pensions
3 751
-
10 102
-
health
641
-
1 867
-
total
13 343
-
39 252
-
Employer
49 150
-
119 980
-
health
934
-
2 280
-
pensions
4 966
-
14 740
-
total
5 900
-
17 020
-
Corporate
81 950
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.

15 570
26 030
-
-
total
15 570
26 030
-
-
Dividends
66 380
110 970
-
-
withholding
4 978
17 754
-
-
total
4 978
17 754
-
-
Income
137 000
137 000
137 000
137 000
Total tax
39 791
43 784
56 272
43 688
After tax
97 209
93 216
80 728
93 312
Living cost
35 807
35 807
35 807
35 807
Free-cash
61 402
57 409
44 921
57 505

Estimated living cost  is ₽35807 per week

₽24563
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3293
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7501
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽7686
₽51213
₽71514
-₽11142
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
236
pensions
-
-
-
3 884
health
-
-
-
2 036
income
-
-
-
36 745
other
-
-
-
346
total
-
-
-
43 247
Employee
34 983
-
121 701
-
income
4 799
-
27 192
-
pensions
3 939
-
7 122
-
health
4 005
-
13 935
-
total
12 743
-
48 249
-
Employer
34 983
-
121 701
-
accident
584
-
2 032
-
unemployment
857
-
2 982
-
pensions
5 688
-
10 285
-
total
7 129
-
15 299
-
Corporate
94 888
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.

85 400
123 300
-
-
total
85 400
123 300
-
-
Dividends
9 489
13 700
-
-
withholding
1 803
2 603
-
-
total
1 803
2 603
-
-
Income
137 000
137 000
137 000
137 000
Total tax
107 075
125 903
63 548
43 247
After tax
29 925
11 097
73 452
93 753
Living cost
22 239
22 239
22 239
22 239
Free-cash
7 686
-11 142
51 213
71 514

Estimated living cost  is ₽22239 per week

₽16321
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1296
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4174
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97997
₽81129
₽64357
₽102446
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
1 644
pensions
-
-
-
25 208
income
-
-
-
22 128
health insurance
-
-
-
10 138
work injury
-
-
-
685
total
-
-
-
59 803
Employee

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

20 544
-
137 000
-
income
2 054
-
22 128
-
pensions
3 780
-
13 986
-
health insurance
1 520
-
5 625
-
unemployment
247
-
912
-
work injury
103
-
380
-
total
7 704
-
43 031
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
116 456
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
115 291
135 630
-
-
withholding
17 294
20 344
-
-
total
17 294
20 344
-
-
Income
137 000
137 000
137 000
137 000
Total tax
26 163
21 714
43 031
59 803
After tax
110 837
115 286
93 969
77 197
Living cost
12 840
12 840
12 840
12 840
Free-cash
97 997
102 446
81 129
64 357

Estimated living cost  is ₽12840 per week

₽7955
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽933
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽401
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3552
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29975
₽21562
₽27770
₽34299
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
32 108
regional
-
-
-
3 105
municipal
-
-
-
916
social contributions
-
-
-
35 236
total
-
-
-
71 365
Employee
80 095
-
137 000
-
regional
1 209
-
2 692
-
national
13 535
-
27 868
-
social contributions
27 007
-
46 196
-
municipal
478
-
817
-
total
42 229
-
77 573
-
Employer
80 095
-
137 000
-
total
-
-
-
-
Corporate
56 905
137 000
-
-
nationa
13 658
32 880
-
-
municipal
2 743
6 603
-
-
total
16 401
39 483
-
-
Dividends
40 504
97 516
-
-
withholding
10 530
25 353
-
-
total
10 530
25 353
-
-
Income
137 000
137 000
137 000
137 000
Total tax
69 160
64 836
77 573
71 365
After tax
67 840
72 164
59 427
65 635
Living cost
37 865
37 865
37 865
37 865
Free-cash
29 975
34 299
21 562
27 770

Estimated living cost  is ₽37865 per week

₽26598
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2605
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽572
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8090
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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