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
₽61075
₽41220
₽46248
₽51416
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
137 000
health

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

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

-
-
-
6 297
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.

-
-
-
39 536
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.

-
-
-
2 174
trade
-
-
-
14 827
total
-
-
-
62 834
Employee

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

35 254
-
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.

54
-
2 174
-
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.

985
-
39 536
-
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.

6 297
-
6 297
-
total
7 336
-
48 007
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
101 746
137 000
-
-
chamber of commerce
287
338
-
-
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.

840
1 130
-
-
trade
16 026
21 577
-
-
income
15 261
20 551
-
-
total
32 414
43 596
-
-
Dividends
69 333
93 405
-
-
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.

934
1 265
-
-
withholding
16 982
23 001
-
-
total
17 916
24 266
-
-
Income
137 000
137 000
137 000
137 000
Total tax
57 666
67 862
48 007
62 834
After tax
79 334
69 138
88 993
74 166
Living cost
27 918
27 918
27 918
27 918
Free-cash
51 416
41 220
61 075
46 248

Estimated living cost  is ₽27918 per week

₽17561
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3255
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽521
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6580
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33862
₽36876
₽32787
₽36068
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 000
social contributions
-
-
-
1 473
pensions
-
-
-
16 440
national
-
-
-
22 906
municipal
-
-
-
14 782
total
-
-
-
55 601
Employee
75 358
-
118 435
-
municipal
9 308
-
15 313
-
national
14 423
-
23 728
-
pensions
3 014
-
4 737
-
total
26 745
-
43 778
-
Employer
75 358
-
118 435
-
pensions
6 029
-
9 475
-
social contributions
810
-
1 273
-
total
6 839
-
10 748
-
Corporate
49 830
137 000
-
-
income

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

9 966
27 400
-
-
total
9 966
27 400
-
-
Dividends
39 864
109 600
-
-
withholding
8 770
24 112
-
-
total
8 770
24 112
-
-
Income
137 000
137 000
137 000
137 000
Total tax
52 320
51 512
54 526
55 601
After tax
84 680
85 488
82 474
81 399
Living cost
48 612
48 612
48 612
48 612
Free-cash
36 068
36 876
33 862
32 787

Estimated living cost  is ₽48612 per week

₽33041
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4519
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽728
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10325
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64388
₽90424
₽25236
₽82862
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

As of 1 January, 2018 a microenterprise tax rate for microenterprise turnover of up to €40,000 is 15%. This tax is inclusive of all other taxes and contributions.

Microenterprise tax could also be applied to a company but as the only exception is a limitation of liability, we advise to register as a sole-trader.

-
-
-
137 000
social contributions

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

-
-
-
35 315
income
-
-
-
22 338
surtax
-
-
-
34 935
microenterprise
-
-
-
-
total
-
-
-
92 588
Employee
26 933
-
98 066
-
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.

2 963
-
10 787
-
income
4 794
-
19 025
-
total
7 757
-
29 812
-
Employer
26 933
-
98 066
-
surtax
-
-
-
-
social contributions

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

6 488
-
23 624
-
total
6 488
-
23 624
-
Corporate
103 579
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%.

20 717
27 400
-
-
total
20 717
27 400
-
-
Dividends

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

82 863
109 600
-
-
total
-
-
-
-
Income
137 000
137 000
137 000
137 000
Total tax
34 962
27 400
53 436
92 588
After tax
102 038
109 600
83 564
44 412
Living cost
19 176
19 176
19 176
19 176
Free-cash
82 862
90 424
64 388
25 236

Estimated living cost  is ₽19176 per week

₽12233
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1826
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽436
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4681
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44230
₽28838
₽38787
₽23192
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 000
health
-
-
-
11 366
income
-
-
-
37 436
pensions
-
-
-
10 799
total
-
-
-
59 601
Employee
78 711
78 711
119 871
-
income

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

12 884
12 884
14 864
-
pensions
14 168
10 799
10 799
-
health
12 081
10 276
11 366
-
total
39 133
33 959
37 029
-
Employer
78 711
78 711
119 871
-
unemployment
2 834
2 834
3 521
-
health
5 471
5 471
6 799
-
pensions
5 478
5 478
6 809
-
total
13 783
13 783
17 129
-
Corporate
45 472
44 506
-
-
income
9 094
8 901
-
-
total
9 094
8 901
-
-
Dividends
36 378
35 605
-
-
income
7 729
7 567
-
-
withholding
5 457
5 340
-
-
total
13 186
12 907
-
-
Income
137 000
137 000
137 000
137 000
Total tax
75 196
69 550
54 158
59 601
After tax
61 804
67 450
82 842
77 399
Living cost
38 612
38 612
38 612
38 612
Free-cash
23 192
28 838
44 230
38 787

Estimated living cost  is ₽38612 per week

₽27363
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3481
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽614
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7154
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33517
₽37058
₽34433
₽36210
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
9 612
health
-
-
-
5 162
accident
-
-
-
165
pensions
-
-
-
8 942
national
-
-
-
7 152
unemployment
-
-
-
83
municipal
-
-
-
33 707
total
-
-
-
64 823
Employee
53 782
-
111 009
-
municipal
16 038
-
33 103
-
national
-
-
6 646
-
total
16 038
-
39 749
-
Employer
53 782
-
111 009
-
other
6 249
-
9 612
-
unemployment
1 420
-
2 184
-
health
3 308
-
5 087
-
accident
108
-
165
-
pensions
5 814
-
8 942
-
total
16 899
-
25 990
-
Corporate
66 320
137 000
-
-
income
14 590
30 140
-
-
total
14 590
30 140
-
-
Dividends
51 730
106 860
-
-
withholding
15 519
32 058
-
-
total
15 519
32 058
-
-
Income
137 000
137 000
137 000
137 000
Total tax
63 046
62 198
65 739
64 823
After tax
73 954
74 802
71 261
72 177
Living cost
37 744
37 744
37 744
37 744
Free-cash
36 210
37 058
33 517
34 433

Estimated living cost  is ₽37744 per week

₽25015
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3704
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8452
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52784
₽32227
₽37297
₽45179
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
137 000
health

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

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

-
-
-
6 297
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.

-
-
-
39 536
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.

-
-
-
2 174
trade
-
-
-
15 487
total
-
-
-
63 494
Employee

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

46 742
-
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.

220
-
2 174
-
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.

4 016
-
39 536
-
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.

6 297
-
6 297
-
total
10 533
-
48 007
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
90 258
137 000
-
-
chamber of commerce
268
334
-
-
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.

745
1 130
-
-
trade
14 847
22 536
-
-
income
13 538
20 551
-
-
total
29 398
44 551
-
-
Dividends
60 860
92 450
-
-
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.

817
1 252
-
-
withholding
14 864
22 761
-
-
total
15 681
24 013
-
-
Income
137 000
137 000
137 000
137 000
Total tax
55 612
68 564
48 007
63 494
After tax
81 388
68 436
88 993
73 506
Living cost
36 209
36 209
36 209
36 209
Free-cash
45 179
32 227
52 784
37 297

Estimated living cost  is ₽36209 per week

₽24217
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3818
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7633
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63739
₽70129
₽65013
₽66307
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 000
social contributions
-
-
-
14 913
health
-
-
-
3 493
income
-
-
-
23 685
total
-
-
-
42 091
Employee
70 876
70 876
126 722
-
social contributions
3 444
5 882
7 934
-
income
7 443
6 561
22 998
-
health
705
1 205
2 155
-
total
11 592
13 648
33 087
-
Employer
70 876
70 876
126 722
-
health
768
1 312
2 344
-
social contributions
3 444
5 882
7 934
-
total
4 212
7 194
10 278
-
Corporate
91 301
58 930
-
-
income
11 413
7 366
-
-
total
11 413
7 366
-
-
Dividends
79 888
51 565
-
-
withholding
13 580
8 767
-
-
total
13 580
8 767
-
-
Income
137 000
137 000
137 000
137 000
Total tax
40 797
36 975
43 365
42 091
After tax
96 203
100 025
93 635
94 909
Living cost
29 896
29 896
29 896
29 896
Free-cash
66 307
70 129
63 739
65 013

Estimated living cost  is ₽29896 per week

₽20437
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2335
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽502
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6622
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62131
₽59735
₽77618
₽60094
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

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

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

The minimum wage is 138,000 HUF per month.

24 957
9 932
114 644
-
income
3 051
1 214
14 015
-
pensions
2 496
993
11 464
-
health
1 747
695
8 025
-
unemployment
374
149
1 720
-
total
7 668
3 051
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.

24 957
9 932
114 644
-
pensions
4 867
1 937
22 356
-
total
4 867
1 937
22 356
-
Corporate
107 177
125 131
-
-
income
9 646
11 262
-
-
total
9 646
11 262
-
-
Dividends
97 531
113 869
-
-
social contributions
18 905
22 091
-
-
withholding
18 531
21 635
-
-
total
37 436
43 726
-
-
Income
137 000
137 000
137 000
137 000
Total tax
59 617
59 976
57 580
42 093
After tax
77 383
77 024
79 420
94 907
Living cost
17 289
17 289
17 289
17 289
Free-cash
60 094
59 735
62 131
77 618

Estimated living cost  is ₽17289 per week

₽11798
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1415
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽345
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3731
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56700
₽87337
₽51168
₽81609
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 000
health
-
-
-
17 810
income
-
-
-
18 359
pensions
-
-
-
27 400
total
-
-
-
63 569
Employee
26 148
-
102 392
-
income
2 944
-
19 741
-
pensions
523
-
2 048
-
unemployment
418
-
1 639
-
total
3 885
-
23 428
-
Employer
26 148
-
102 392
-
unemployment
210
-
819
-
health
3 399
-
13 311
-
pensions
5 230
-
20 479
-
total
8 839
-
34 609
-
Corporate
102 014
137 000
-
-
income
20 404
27 400
-
-
total
20 404
27 400
-
-
Dividends
81 610
109 600
-
-
total
-
-
-
-
Income
137 000
137 000
137 000
137 000
Total tax
33 128
27 400
58 037
63 569
After tax
103 872
109 600
78 963
73 431
Living cost
22 263
22 263
22 263
22 263
Free-cash
81 609
87 337
56 700
51 168

Estimated living cost  is ₽22263 per week

₽15270
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1326
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.
₽5219
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53031
-₽9349
₽73304
₽7960
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
344
health
-
-
-
2 027
accident
-
-
-
235
income
-
-
-
36 777
pensions
-
-
-
3 867
total
-
-
-
43 250
Employee
32 163
-
121 745
-
income
4 413
-
27 237
-
pensions
3 622
-
7 091
-
health
3 683
-
13 940
-
total
11 718
-
48 268
-
Employer
32 163
-
121 745
-
unemployment
788
-
2 983
-
accident
537
-
2 033
-
pensions
5 230
-
10 239
-
total
6 555
-
15 255
-
Corporate
98 282
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.

88 453
123 300
-
-
total
88 453
123 300
-
-
Dividends
9 828
13 700
-
-
withholding
1 868
2 603
-
-
total
1 868
2 603
-
-
Income
137 000
137 000
137 000
137 000
Total tax
108 594
125 903
63 523
43 250
After tax
28 406
11 097
73 477
93 750
Living cost
20 446
20 446
20 446
20 446
Free-cash
7 960
-9 349
53 031
73 304

Estimated living cost  is ₽20446 per week

₽14986
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1133
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽427
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3902
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽101944
₽122494
₽127974
₽121058
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We expect you will register a microenterprise to benefit from 1% tax rate. Otherwise you will be taxed at a personal income rate of 20%.

-
-
-
137 000
microenterprise

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

-
-
-
1 370
total
-
-
-
1 370
Employee
9 570
-
137 000
-
income
1 914
-
27 400
-
total
1 914
-
27 400
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

127 430
137 000
-
-
total
-
-
-
-
Dividends
127 430
137 000
-
-
withholding
6 372
6 850
-
-
total
6 372
6 850
-
-
Income
137 000
137 000
137 000
137 000
Total tax
8 286
6 850
27 400
1 370
After tax
128 714
130 150
109 600
135 630
Living cost
7 656
7 656
7 656
7 656
Free-cash
121 058
122 494
101 944
127 974

Estimated living cost  is ₽7656 per week

₽4744
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽636
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽210
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2064
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53694
₽76095
₽48030
₽69866
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
6 507
health
-
-
-
6 028
income
-
-
-
18 997
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.

-
-
-
32 878
total
-
-
-
64 410
Employee
33 467
-
109 425
-
income
5 762
-
20 885
-
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.

2 342
-
7 659
-
health
469
-
1 532
-
unemployment
334
-
1 095
-
total
8 907
-
31 171
-
Employer
33 467
-
109 425
-
other
1 674
-
5 471
-
unemployment
334
-
1 095
-
health
469
-
1 532
-
accident
268
-
875
-
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.

5 690
-
18 602
-
total
8 435
-
27 575
-
Corporate
95 099
137 000
-
-
income
19 972
28 770
-
-
total
19 972
28 770
-
-
Dividends
75 128
108 230
-
-
withholding
5 260
7 575
-
-
total
5 260
7 575
-
-
Income
137 000
137 000
137 000
137 000
Total tax
42 574
36 345
58 746
64 410
After tax
94 426
100 655
78 254
72 590
Living cost
24 560
24 560
24 560
24 560
Free-cash
69 866
76 095
53 694
48 030

Estimated living cost  is ₽24560 per week

₽17353
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1658
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽395
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5153
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19169
₽31298
₽31702
₽29230
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 000
income
-
-
-
36 667
pensions
-
-
-
7 724
total
-
-
-
44 391
Employee
86 174
-
119 894
-
income
15 534
-
28 314
-
health
1 420
-
1 830
-
pensions
8 313
-
9 674
-
total
25 267
-
39 818
-
Employer
86 174
-
119 894
-
health
1 637
-
2 278
-
pensions
10 175
-
14 828
-
total
11 812
-
17 106
-
Corporate
39 015
137 000
-
-
income

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

7 413
26 029
-
-
total
7 413
26 029
-
-
Dividends
31 602
110 971
-
-
withholding
2 371
18 766
-
-
total
2 371
18 766
-
-
Income
137 000
137 000
137 000
137 000
Total tax
46 863
44 795
56 924
44 391
After tax
90 137
92 205
80 076
92 609
Living cost
60 907
60 907
60 907
60 907
Free-cash
29 230
31 298
19 169
31 702

Estimated living cost  is ₽60907 per week

₽45639
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7156
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7617
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽101172
₽105214
₽96050
₽100990
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 652
income
-
-
-
20 550
pensions

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

-
-
-
4 700
unemployment
-
-
-
127
total
-
-
-
29 029
Employee
15 785
-
130 769
-
income
1 578
-
13 077
-
accident

We are using the highest rate at 1.1%.

174
-
349
-
pensions

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

1 386
-
2 789
-
health
726
-
1 461
-
total
3 864
-
17 676
-
Employer
15 785
-
130 769
-
unemployment
94
-
191
-
health
1 090
-
2 191
-
accident

We are using the highest rate at 1.1%.

174
-
349
-
pensions

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

1 740
-
3 500
-
total
3 098
-
6 231
-
Corporate
118 118
137 000
-
-
income
11 812
13 700
-
-
total
11 812
13 700
-
-
Dividends
106 306
123 300
-
-
withholding
5 315
6 165
-
-
total
5 315
6 165
-
-
Income
137 000
137 000
137 000
137 000
Total tax
24 089
19 865
23 907
29 029
After tax
112 911
117 135
113 093
107 971
Living cost
11 921
11 921
11 921
11 921
Free-cash
100 990
105 214
101 172
96 050

Estimated living cost  is ₽11921 per week

₽6960
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽851
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽316
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3794
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31731
₽16339
₽26288
₽18656
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 000
health
-
-
-
11 366
income
-
-
-
37 436
pensions
-
-
-
10 799
total
-
-
-
59 601
Employee
85 455
78 711
119 871
-
income

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

12 884
12 884
14 864
-
pensions
10 799
10 799
10 799
-
health
10 661
10 276
11 366
-
total
34 344
33 959
37 029
-
Employer
85 455
78 711
119 871
-
unemployment
3 077
2 834
3 521
-
health
5 938
5 471
6 799
-
pensions
5 947
5 478
6 809
-
total
14 962
13 783
17 129
-
Corporate
36 583
44 506
-
-
income
7 317
8 901
-
-
total
7 317
8 901
-
-
Dividends
29 267
35 605
-
-
income
6 220
7 567
-
-
withholding
4 390
5 340
-
-
total
10 610
12 907
-
-
Income
137 000
137 000
137 000
137 000
Total tax
67 233
69 550
54 158
59 601
After tax
69 767
67 450
82 842
77 399
Living cost
51 111
51 111
51 111
51 111
Free-cash
18 656
16 339
31 731
26 288

Estimated living cost  is ₽51111 per week

₽37702
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4565
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽586
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8258
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46768
₽71570
₽50144
₽63454
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 000
social contributions
-
-
-
32 743
health
-
-
-
18 495
income
-
-
-
12 864
solidarity contribution
-
-
-
-
total
-
-
-
64 102
Employee
33 462
-
102 239
-
social contributions
2 175
-
6 646
-
solidarity contribution
-
-
-
-
income
4 015
-
12 269
-
health
4 517
-
13 802
-
total
10 707
-
32 717
-
Employer
33 462
-
102 239
-
health
3 012
-
9 201
-
social contributions
8 366
-
25 560
-
total
11 378
-
34 761
-
Corporate
92 161
137 000
-
-
income
17 510
26 030
-
-
total
17 510
26 030
-
-
Dividends
74 650
110 970
-
-
withholding
11 197
16 646
-
-
total
11 197
16 646
-
-
Income
137 000
137 000
137 000
137 000
Total tax
50 792
42 676
67 478
64 102
After tax
86 208
94 324
69 522
72 898
Living cost
22 754
22 754
22 754
22 754
Free-cash
63 454
71 570
46 768
50 144

Estimated living cost  is ₽22754 per week

₽15805
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1619
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.
₽4883
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21716
₽34201
₽28067
₽29389
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 000
social contributions
-
-
-
35 236
national
-
-
-
32 401
regional
-
-
-
1 590
municipal
-
-
-
813
total
-
-
-
70 040
Employee
81 916
-
137 000
-
social contributions
27 622
-
46 196
-
municipal
434
-
726
-
national
14 194
-
28 068
-
regional
773
-
1 401
-
total
43 023
-
76 391
-
Employer
81 916
-
137 000
-
total
-
-
-
-
Corporate
55 084
137 000
-
-
nationa
13 220
32 880
-
-
municipal
2 148
5 344
-
-
total
15 368
38 224
-
-
Dividends
39 716
98 776
-
-
withholding
10 327
25 682
-
-
total
10 327
25 682
-
-
Income
137 000
137 000
137 000
137 000
Total tax
68 718
63 906
76 391
70 040
After tax
68 282
73 094
60 609
66 960
Living cost
38 893
38 893
38 893
38 893
Free-cash
29 389
34 201
21 716
28 067

Estimated living cost  is ₽38893 per week

₽27112
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2550
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽596
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8634
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40595
₽65835
₽44673
₽62965
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
-
health
-
-
-
8 733
income
-
-
-
33 611
pensions
-
-
-
24 603
surtax
-
-
-
4 831
unemployment
-
-
-
210
total
-
-
-
71 988
Employee
30 481
-
113 177
-
surtax
100
-
4 187
-
income
5 109
-
29 746
-
other
-
-
-
-
pensions
2 032
-
7 549
-
health
778
-
2 886
-
unemployment
2 122
-
7 876
-
total
10 141
-
52 244
-
Employer
30 481
-
113 177
-
other
-
-
-
-
unemployment
966
-
3 587
-
health
1 387
-
5 149
-
pensions
4 063
-
15 086
-
total
6 416
-
23 822
-
Corporate
100 104
137 000
-
-
income
26 027
35 619
-
-
total
26 027
35 619
-
-
Dividends
74 077
101 381
-
-
withholding
11 112
15 207
-
-
total
11 112
15 207
-
-
Income
137 000
137 000
137 000
137 000
Total tax
53 696
50 826
76 066
71 988
After tax
83 304
86 174
60 934
65 012
Living cost
20 339
20 339
20 339
20 339
Free-cash
62 965
65 835
40 595
44 673

Estimated living cost  is ₽20339 per week

₽12436
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1877
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5557
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38466
₽50595
₽50999
₽53871
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 000
income
-
-
-
36 667
pensions
-
-
-
7 724
total
-
-
-
44 391
Employee
57 752
-
119 894
-
income
10 401
-
28 314
-
health
838
-
1 830
-
pensions
4 902
-
9 674
-
total
16 141
-
39 818
-
Employer
57 752
-
119 894
-
health
1 097
-
2 278
-
pensions
6 252
-
14 828
-
total
7 349
-
17 106
-
Corporate
71 900
137 000
-
-
income

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

13 661
26 029
-
-
total
13 661
26 029
-
-
Dividends
58 239
110 971
-
-
withholding
4 368
18 766
-
-
total
4 368
18 766
-
-
Income
137 000
137 000
137 000
137 000
Total tax
41 519
44 795
56 924
44 391
After tax
95 481
92 205
80 076
92 609
Living cost
41 610
41 610
41 610
41 610
Free-cash
53 871
50 595
38 466
50 999

Estimated living cost  is ₽41610 per week

₽31174
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3119
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽435
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6881
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽32063
-₽10956
₽38722
₽20537
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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
health
-
-
-
308
pensions
-
-
-
12 605
city
-
-
-
1 444
national
-
-
-
1 605
regional
-
-
-
5 975
total
-
-
-
24 676
Employee
86 133
-
122 624
-
national
408
-
1 290
-
city
924
-
1 318
-
pensions
7 236
-
10 299
-
health
195
-
276
-
regional
2 820
-
5 125
-
unemployment
-
-
-
-
total
11 583
-
18 308
-
Employer
86 133
-
122 624
-
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.

1 722
-
2 452
-
unemployment
-
-
-
-
health
195
-
276
-
pensions
7 236
-
10 299
-
total
9 153
-
13 027
-
Corporate
40 767
137 000
-
-
regional
8 622
28 975
-
-
national
3 465
11 645
-
-
total
12 087
40 620
-
-
Dividends
28 680
96 380
-
-
withholding
10 038
33 734
-
-
total
10 038
33 734
-
-
Income
137 000
137 000
137 000
137 000
Total tax
42 861
74 354
31 335
24 676
After tax
94 139
62 646
105 665
112 324
Living cost
73 602
73 602
73 602
73 602
Free-cash
20 537
-10 956
32 063
38 722

Estimated living cost  is ₽73602 per week

₽47862
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6605
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽904
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18231
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽46769
₽25507
₽30623
₽40454
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
137 000
health

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

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

-
-
-
6 297
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.

-
-
-
39 536
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.

-
-
-
2 174
trade
-
-
-
16 146
total
-
-
-
64 153
Employee

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

55 393
-
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.

359
-
2 174
-
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.

6 514
-
39 536
-
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.

6 297
-
6 297
-
total
13 170
-
48 007
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
81 607
137 000
-
-
chamber of commerce
255
332
-
-
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.

673
1 130
-
-
trade
13 995
23 496
-
-
income
12 240
20 551
-
-
total
27 163
45 509
-
-
Dividends
54 443
91 491
-
-
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.

729
1 238
-
-
withholding
13 260
22 522
-
-
total
13 989
23 760
-
-
Income
137 000
137 000
137 000
137 000
Total tax
54 322
69 269
48 007
64 153
After tax
82 678
67 731
88 993
72 847
Living cost
42 224
42 224
42 224
42 224
Free-cash
40 454
25 507
46 769
30 623

Estimated living cost  is ₽42224 per week

₽30839
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3378
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽549
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7460
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46593
₽37513
₽46076
₽42958
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
4 247
social contributions
-
-
-
3 904
health
-
-
-
5 003
income
-
-
-
19 389
pensions
-
-
-
26 846
surtax
-
-
-
-
total
-
-
-
59 389
Employee
39 448
-
107 571
-
surtax
-
-
-
-
social contributions
1 125
-
3 064
-
income
2 328
-
19 544
-
pensions
4 460
-
6 839
-
total
7 913
-
29 447
-
Employer
39 448
-
107 571
-
other
1 361
-
3 924
-
unemployment
1 597
-
4 357
-
health
2 762
-
9 195
-
pensions
6 481
-
11 627
-
social contributions
119
-
322
-
total
12 320
-
29 425
-
Corporate
85 233
137 000
-
-
surtax
-
-
-
-
income
23 865
38 360
-
-
total
23 865
38 360
-
-
Dividends
61 368
98 640
-
-
social contributions
10 554
16 967
-
-
surtax
-
-
-
-
withholding
7 855
12 625
-
-
total
18 409
29 592
-
-
Income
137 000
137 000
137 000
137 000
Total tax
62 507
67 952
58 872
59 389
After tax
74 493
69 048
78 128
77 611
Living cost
31 535
31 535
31 535
31 535
Free-cash
42 958
37 513
46 593
46 076

Estimated living cost  is ₽31535 per week

₽19884
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2564
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽537
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8551
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49717
₽40637
₽49200
₽45755
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
4 247
social contributions
-
-
-
3 904
health
-
-
-
5 003
income
-
-
-
19 389
pensions
-
-
-
26 846
surtax
-
-
-
-
total
-
-
-
59 389
Employee
35 213
-
107 571
-
surtax
-
-
-
-
social contributions
1 004
-
3 064
-
income
1 816
-
19 544
-
pensions
3 983
-
6 839
-
total
6 803
-
29 447
-
Employer
35 213
-
107 571
-
other
1 216
-
3 924
-
unemployment
1 426
-
4 357
-
health
2 465
-
9 195
-
pensions
5 786
-
11 627
-
social contributions
105
-
322
-
total
10 998
-
29 425
-
Corporate
90 790
137 000
-
-
surtax
-
-
-
-
income
25 422
38 360
-
-
total
25 422
38 360
-
-
Dividends
65 368
98 640
-
-
social contributions
11 243
16 967
-
-
surtax
-
-
-
-
withholding
8 368
12 625
-
-
total
19 611
29 592
-
-
Income
137 000
137 000
137 000
137 000
Total tax
62 834
67 952
58 872
59 389
After tax
74 166
69 048
78 128
77 611
Living cost
28 411
28 411
28 411
28 411
Free-cash
45 755
40 637
49 717
49 200

Estimated living cost  is ₽28411 per week

₽16477
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2886
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8510
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66357
₽64038
₽68436
₽64516
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 000
social contributions
-
-
-
18 906
health
-
-
-
9 562
income
-
-
-
20 551
total
-
-
-
49 019
Employee
31 252
-
137 000
-
social contributions
4 313
-
18 906
-
income
5 212
-
22 630
-
health
2 181
-
9 562
-
total
11 706
-
51 098
-
Employer
31 252
-
137 000
-
total
-
-
-
-
Corporate
105 748
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%.

5 288
6 850
-
-
total
5 288
6 850
-
-
Dividends
100 461
130 150
-
-
social contributions
13 864
17 960
-
-
withholding
15 069
19 522
-
-
health
7 012
9 085
-
-
total
35 945
46 567
-
-
Income
137 000
137 000
137 000
137 000
Total tax
52 939
53 417
51 098
49 019
After tax
84 061
83 583
85 902
87 981
Living cost
19 545
19 545
19 545
19 545
Free-cash
64 516
64 038
66 357
68 436

Estimated living cost  is ₽19545 per week

₽13080
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1205
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4808
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3314
₽43566
₽37662
₽42141
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 000
health
-
-
-
8 237
income
-
-
-
32 320
chamber of commerce
-
-
-
547
pensions
-
-
-
19 921
surtax
-
-
-
182
unemployment
-
-
-
5 653
total
-
-
-
66 860
Employee
46 063
36 732
106 242
-
income
5 244
2 709
25 522
-
other
460
367
1 062
-
pensions
4 717
3 761
10 880
-
health
1 782
1 422
4 112
-
unemployment
1 382
1 102
3 187
-
total
13 585
9 361
44 763
-
Employer
46 063
36 732
106 242
-
other
2 188
1 744
5 046
-
unemployment
1 382
1 102
3 187
-
health
1 740
1 389
4 016
-
surtax
182
182
182
-
accident
598
478
1 382
-
pensions
5 781
4 611
13 334
-
payroll
1 382
1 102
3 187
-
chamber of commerce
184
147
425
-
total
13 437
10 755
30 759
-
Corporate
77 500
89 515
102 743
-
income

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

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

19 375
22 378
25 686
-
total
19 375
22 378
25 686
-
Dividends
58 125
67 136
-
-
withholding
15 984
18 462
-
-
total
15 984
18 462
-
-
Income
137 000
137 000
137 000
137 000
Total tax
62 381
60 956
101 208
66 860
After tax
74 619
76 044
35 792
70 140
Living cost
32 478
32 478
32 478
32 478
Free-cash
42 141
43 566
3 314
37 662

Estimated living cost  is ₽32478 per week

₽21661
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2771
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽533
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7513
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16038
₽43066
₽26309
₽29240
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 000
social contributions
-
-
-
21 422
communal

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

-
-
-
6 935
national
-
-
-
48 727
total
-
-
-
77 084
Employee

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

65 931
-
106 109
-
national
20 270
-
37 057
-
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.

4 945
-
7 959
-
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.

3 098
-
4 989
-
communal

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

3 439
-
5 534
-
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.

574
-
924
-
total
32 326
-
56 463
-
Employer

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

65 931
-
106 109
-
unemployment

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

962
-
1 550
-
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.

4 054
-
6 526
-
surtax
7 476
-
12 034
-
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.

857
-
1 380
-
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.

5 842
-
9 402
-
total
19 191
-
30 892
-
Corporate
51 878
137 000
-
-
surtax
208
547
-
-
income
10 376
27 400
-
-
total
10 584
27 947
-
-
Dividends
41 294
109 052
-
-
withholding

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

12 052
32 380
-
-
total
12 052
32 380
-
-
Income
137 000
137 000
137 000
137 000
Total tax
74 153
60 327
87 355
77 084
After tax
62 847
76 673
49 645
59 916
Living cost
33 607
33 607
33 607
33 607
Free-cash
29 240
43 066
16 038
26 309

Estimated living cost  is ₽33607 per week

₽21647
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2939
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽526
Clothing and shoes. We estimate one pair of shoes and 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

Source of data for Brussels model

Close
Barcelona , Spain
₽39966
₽58338
₽43881
₽51575
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
86
accident
-
-
-
770
income
-
-
-
34 202
pensions
-
-
-
24 176
unemployment
-
-
-
598
total
-
-
-
59 832
Employee
45 881
-
109 764
-
income
9 681
-
31 086
-
other
45
-
86
-
pensions
2 157
-
4 016
-
unemployment
712
-
1 324
-
total
12 595
-
36 512
-
Employer
45 881
-
109 764
-
other
366
-
684
-
unemployment
2 524
-
4 698
-
accident
908
-
1 691
-
pensions
10 827
-
20 162
-
total
14 625
-
27 235
-
Corporate
76 495
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.

11 474
20 551
-
-
total
11 474
20 551
-
-
Dividends
65 020
116 449
-
-
withholding
13 444
24 824
-
-
total
13 444
24 824
-
-
Income
137 000
137 000
137 000
137 000
Total tax
52 138
45 375
63 747
59 832
After tax
84 862
91 625
73 253
77 168
Living cost
33 287
33 287
33 287
33 287
Free-cash
51 575
58 338
39 966
43 881

Estimated living cost  is ₽33287 per week

₽24512
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2361
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽479
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5933
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25944
₽31453
₽20485
₽20988
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 625
accident
-
-
-
1 154
income
-
-
-
19 661
pensions
-
-
-
20 535
communal
-
-
-
8 658
surtax
-
-
-
6 792
total
-
-
-
66 425
Employee
69 801
-
122 376
-
surtax
4 278
-
7 500
-
income
6 742
-
23 606
-
pensions
5 583
-
9 790
-
health
3 106
-
5 445
-
total
19 709
-
46 341
-
Employer
69 801
-
122 376
-
health
2 129
-
3 733
-
accident
628
-
1 102
-
pensions
5 583
-
9 790
-
total
8 340
-
14 625
-
Corporate
58 859
137 000
-
-
surtax
617
1 438
-
-
income
8 830
20 551
-
-
communal
3 972
9 248
-
-
total
13 419
31 237
-
-
Dividends
45 440
105 764
-
-
income
17 638
8 355
-
-
withholding
6 816
15 865
-
-
total
24 454
24 220
-
-
Income
137 000
137 000
137 000
137 000
Total tax
65 922
55 457
60 966
66 425
After tax
71 078
81 543
76 034
70 575
Living cost
50 090
50 090
50 090
50 090
Free-cash
20 988
31 453
25 944
20 485

Estimated living cost  is ₽50090 per week

₽37575
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3035
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8949
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40231
₽65471
₽44309
₽62538
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
-
health
-
-
-
8 733
income
-
-
-
33 611
pensions
-
-
-
24 603
surtax
-
-
-
4 831
unemployment
-
-
-
210
total
-
-
-
71 988
Employee
31 040
-
113 177
-
surtax
110
-
4 187
-
income
5 204
-
29 746
-
other
-
-
-
-
pensions
2 071
-
7 549
-
health
792
-
2 886
-
unemployment
2 160
-
7 876
-
total
10 337
-
52 244
-
Employer
31 040
-
113 177
-
other
-
-
-
-
unemployment
985
-
3 587
-
health
1 412
-
5 149
-
pensions
4 138
-
15 086
-
total
6 535
-
23 822
-
Corporate
99 425
137 000
-
-
income
25 850
35 619
-
-
total
25 850
35 619
-
-
Dividends
73 575
101 381
-
-
withholding
11 037
15 207
-
-
total
11 037
15 207
-
-
Income
137 000
137 000
137 000
137 000
Total tax
53 759
50 826
76 066
71 988
After tax
83 241
86 174
60 934
65 012
Living cost
20 703
20 703
20 703
20 703
Free-cash
62 538
65 471
40 231
44 309

Estimated living cost  is ₽20703 per week

₽12499
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1800
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5924
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35338
₽47181
₽41654
₽45136
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 000
social contributions
-
-
-
35 236
national
-
-
-
32 401
regional
-
-
-
2 067
municipal
-
-
-
813
total
-
-
-
70 517
Employee
51 129
-
137 000
-
social contributions
17 241
-
46 196
-
municipal
271
-
726
-
national
8 100
-
28 068
-
regional
688
-
1 843
-
total
26 300
-
76 833
-
Employer
51 129
-
137 000
-
total
-
-
-
-
Corporate
85 871
137 000
-
-
nationa
20 608
32 880
-
-
municipal
4 268
6 809
-
-
total
24 876
39 689
-
-
Dividends
60 995
97 310
-
-
withholding
15 859
25 301
-
-
total
15 859
25 301
-
-
Income
137 000
137 000
137 000
137 000
Total tax
67 035
64 990
76 833
70 517
After tax
69 965
72 010
60 167
66 483
Living cost
24 829
24 829
24 829
24 829
Free-cash
45 136
47 181
35 338
41 654

Estimated living cost  is ₽24829 per week

₽15441
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2515
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽425
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6447
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41483
₽66285
₽44859
₽56282
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 000
social contributions
-
-
-
32 743
health
-
-
-
18 495
income
-
-
-
12 864
solidarity contribution
-
-
-
-
total
-
-
-
64 102
Employee
41 234
-
102 239
-
social contributions
2 680
-
6 646
-
solidarity contribution
-
-
-
-
income
4 948
-
12 269
-
health
5 567
-
13 802
-
total
13 195
-
32 717
-
Employer
41 234
-
102 239
-
health
3 711
-
9 201
-
social contributions
10 309
-
25 560
-
total
14 020
-
34 761
-
Corporate
81 746
137 000
-
-
income
15 532
26 030
-
-
total
15 532
26 030
-
-
Dividends
66 214
110 970
-
-
withholding
9 932
16 646
-
-
total
9 932
16 646
-
-
Income
137 000
137 000
137 000
137 000
Total tax
52 679
42 676
67 478
64 102
After tax
84 321
94 324
69 522
72 898
Living cost
28 039
28 039
28 039
28 039
Free-cash
56 282
66 285
41 483
44 859

Estimated living cost  is ₽28039 per week

₽20852
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1553
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5149
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6420
₽46735
₽40916
₽46282
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 000
health
-
-
-
8 237
income
-
-
-
32 320
chamber of commerce
-
-
-
547
pensions
-
-
-
19 921
surtax
-
-
-
-
unemployment
-
-
-
5 653
total
-
-
-
66 678
Employee
40 291
36 732
106 381
-
income
3 589
2 709
25 569
-
other
402
367
1 063
-
pensions
4 126
3 761
10 894
-
health
1 558
1 422
4 117
-
unemployment
1 209
1 102
3 192
-
total
10 884
9 361
44 835
-
Employer
40 291
36 732
106 381
-
other
1 914
1 744
5 053
-
unemployment
1 209
1 102
3 192
-
health
1 523
1 389
4 021
-
surtax
-
-
-
-
accident
523
478
1 384
-
pensions
5 057
4 611
13 351
-
payroll
1 209
1 102
3 192
-
chamber of commerce
161
147
425
-
total
11 596
10 573
30 618
-
Corporate
85 114
89 697
102 883
-
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.

21 278
22 424
25 721
-
total
21 278
22 424
25 721
-
Dividends
63 836
67 273
-
-
withholding
17 554
18 501
-
-
total
17 554
18 501
-
-
Income
137 000
137 000
137 000
137 000
Total tax
61 312
60 859
101 174
66 678
After tax
75 688
76 141
35 826
70 322
Living cost
29 406
29 406
29 406
29 406
Free-cash
46 282
46 735
6 420
40 916

Estimated living cost  is ₽29406 per week

₽17640
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3003
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8238
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97670
₽118220
₽123700
₽115983
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
14 913
-
137 000
-
income
2 983
-
27 400
-
total
2 983
-
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%.

122 087
137 000
-
-
total
-
-
-
-
Dividends
122 087
137 000
-
-
withholding
6 104
6 850
-
-
total
6 104
6 850
-
-
Income
137 000
137 000
137 000
137 000
Total tax
9 087
6 850
27 400
1 370
After tax
127 913
130 150
109 600
135 630
Living cost
11 930
11 930
11 930
11 930
Free-cash
115 983
118 220
97 670
123 700

Estimated living cost  is ₽11930 per week

₽8073
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽501
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽400
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2956
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39844
₽69602
₽43475
₽61893
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

A sole-trader pays social contribution from 75% of the assessed income made in the last year.

The minimum monthly assessed income used to calculate contributions is 60% of the insured's average monthly wage in the last year.

The maximum assessed income used to calculate contributions is 3.5 times the insured's average monthly wage in the last year.

-
-
-
137 000
health
-
-
-
13 481
income
-
-
-
30 097
pensions
-
-
-
25 020
unemployment
-
-
-
205
total
-
-
-
68 803
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.

40 759
-
118 541
-
income
7 029
-
27 776
-
pensions
6 318
-
18 375
-
health
2 632
-
7 658
-
unemployment
58
-
166
-
total
16 037
-
53 975
-
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.

40 759
-
118 541
-
unemployment
24
-
72
-
health
2 715
-
7 896
-
pensions
3 607
-
10 491
-
total
6 346
-
18 459
-
Corporate
89 896
137 000
-
-
income
17 080
26 031
-
-
total
17 080
26 031
-
-
Dividends
72 815
110 969
-
-
withholding
10 922
16 645
-
-
total
10 922
16 645
-
-
Income
137 000
137 000
137 000
137 000
Total tax
50 385
42 676
72 434
68 803
After tax
86 615
94 324
64 566
68 197
Living cost
24 722
24 722
24 722
24 722
Free-cash
61 893
69 602
39 844
43 475

Estimated living cost  is ₽24722 per week

₽16967
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1585
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽479
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5693
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82459
₽41553
₽52880
-₽7438
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 000
social contributions
-
-
-
15 618
income
-
-
-
26 704
total
-
-
-
42 322
Employee
59 933
-
-
-
social contributions
4 915
-
700
-
income
13 220
-
-
-
total
18 135
-
700
-
Employer
59 933
-
-
-
social contributions
84 505
-
12 043
-
total
84 505
-
12 043
-
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
102 640
53 649
12 743
42 322
After tax
34 360
83 351
124 257
94 678
Living cost
41 798
41 798
41 798
41 798
Free-cash
-7 438
41 553
82 459
52 880

Estimated living cost  is ₽41798 per week

₽27120
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3931
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽533
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10214
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35699
₽49015
₽45341
₽48086
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Based on articles 30.º, 31.º and 151.º of CIRS, sole-trader can use 75% of income as a tax base when earnings are below €200,000 per annum.

-
-
-
137 000
social contributions

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

-
-
-
47 608
income
-
-
-
15 140
surtax
-
-
-
-
total
-
-
-
62 748
Employee
42 392
-
110 707
-
surtax
-
-
-
-
social contributions
4 663
-
12 177
-
income
8 818
-
33 920
-
total
13 481
-
46 097
-
Employer
42 392
-
110 707
-
social contributions
10 068
-
26 293
-
total
10 068
-
26 293
-
Corporate
84 540
137 000
-
-
surtax
-
-
-
-
income
17 754
28 770
-
-
total
17 754
28 770
-
-
Dividends
66 787
108 230
-
-
withholding
18 700
30 304
-
-
total
18 700
30 304
-
-
Income
137 000
137 000
137 000
137 000
Total tax
60 003
59 074
72 390
62 748
After tax
76 997
77 926
64 610
74 252
Living cost
28 911
28 911
28 911
28 911
Free-cash
48 086
49 015
35 699
45 341

Estimated living cost  is ₽28911 per week

₽21631
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1705
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.
₽5092
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33610
₽24530
₽33093
₽30866
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
4 247
social contributions
-
-
-
3 904
health
-
-
-
5 003
income
-
-
-
19 389
pensions
-
-
-
26 846
surtax
-
-
-
-
total
-
-
-
59 389
Employee
57 729
-
107 571
-
surtax
-
-
-
-
social contributions
1 644
-
3 064
-
income
5 037
-
19 544
-
pensions
6 530
-
6 839
-
total
13 211
-
29 447
-
Employer
57 729
-
107 571
-
other
1 992
-
3 924
-
unemployment
2 339
-
4 357
-
health
4 040
-
9 195
-
pensions
9 486
-
11 627
-
social contributions
173
-
322
-
total
18 030
-
29 425
-
Corporate
61 241
137 000
-
-
surtax
-
-
-
-
income
17 147
38 360
-
-
total
17 147
38 360
-
-
Dividends
44 094
98 640
-
-
social contributions
7 584
16 967
-
-
surtax
-
-
-
-
withholding
5 644
12 625
-
-
total
13 228
29 592
-
-
Income
137 000
137 000
137 000
137 000
Total tax
61 616
67 952
58 872
59 389
After tax
75 384
69 048
78 128
77 611
Living cost
44 518
44 518
44 518
44 518
Free-cash
30 866
24 530
33 610
33 093

Estimated living cost  is ₽44518 per week

₽30129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3642
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽610
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10136
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77707
₽95595
₽74067
₽92497
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 088
social contributions
-
-
-
30 139
total
-
-
-
35 227
Employee
29 632
-
118 615
-
income
-
-
5 494
-
social contributions
1 926
-
7 708
-
total
1 926
-
13 202
-
Employer
29 632
-
118 615
-
social contributions
4 593
-
18 385
-
total
4 593
-
18 385
-
Corporate
102 775
137 000
-
-
income
10 278
13 699
-
-
total
10 278
13 699
-
-
Dividends
92 497
123 301
-
-
total
-
-
-
-
Income
137 000
137 000
137 000
137 000
Total tax
16 797
13 699
31 587
35 227
After tax
120 203
123 301
105 413
101 773
Living cost
27 706
27 706
27 706
27 706
Free-cash
92 497
95 595
77 707
74 067

Estimated living cost  is ₽27706 per week

₽17915
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2088
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽521
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7182
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽63513
-₽63513
₽37928
-₽63513
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
labour market
-
-
-
10 896
pensions
-
-
-
798
national
-
-
-
15 264
municipal
-
-
-
27 792
total
-
-
-
54 750
Employee
187 072
187 072
187 072
-
labour market
14 944
14 944
14 944
-
municipal
39 836
39 836
39 836
-
national
22 854
22 854
22 854
-
pensions
266
266
266
-
total
77 900
77 900
77 900
-
Employer
187 072
187 072
187 072
-
national
22 894
22 894
22 894
-
labour market
14 966
14 966
14 966
-
pensions
532
532
532
-
municipal
39 899
39 899
39 899
-
total
78 291
78 291
78 291
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
137 000
137 000
137 000
137 000
Total tax
156 191
156 191
156 191
54 750
After tax
-19 191
-19 191
-19 191
82 250
Living cost
44 322
44 322
44 322
44 322
Free-cash
-63 513
-63 513
-63 513
37 928

Estimated living cost  is ₽44322 per week

₽30334
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3921
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽682
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9385
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53332
-₽9048
₽73605
₽8007
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
344
health
-
-
-
2 027
accident
-
-
-
235
income
-
-
-
36 777
pensions
-
-
-
3 867
total
-
-
-
43 250
Employee
31 689
-
121 745
-
income
4 347
-
27 237
-
pensions
3 568
-
7 091
-
health
3 629
-
13 940
-
total
11 544
-
48 268
-
Employer
31 689
-
121 745
-
unemployment
777
-
2 983
-
accident
529
-
2 033
-
pensions
5 153
-
10 239
-
total
6 459
-
15 255
-
Corporate
98 853
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.

88 967
123 300
-
-
total
88 967
123 300
-
-
Dividends
9 885
13 700
-
-
withholding
1 878
2 603
-
-
total
1 878
2 603
-
-
Income
137 000
137 000
137 000
137 000
Total tax
108 848
125 903
63 523
43 250
After tax
28 152
11 097
73 477
93 750
Living cost
20 145
20 145
20 145
20 145
Free-cash
8 007
-9 048
53 332
73 605

Estimated living cost  is ₽20145 per week

₽14663
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1148
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽378
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3955
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38093
₽52034
₽56661
₽53741
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

You can choose the amount to declare for pension contributions and choose a pension insurance company or a pension insurance fund you prefer to use; or you could opt out of pension contributions altogether. You can find more details on Finnish Centre for Pensions

-
-
-
137 000
health
-
-
-
1 725
national
-
-
-
18 877
municipal
-
-
-
24 350
total
-
-
-
44 952
Employee
48 493
-
115 253
-
municipal
7 943
-
18 784
-
national
801
-
12 090
-
pensions
3 273
-
7 780
-
health
362
-
1 391
-
unemployment
728
-
1 728
-
total
13 107
-
41 773
-
Employer
48 493
-
115 253
-
unemployment
315
-
749
-
health
373
-
887
-
accident
49
-
115
-
pensions
8 413
-
19 996
-
total
9 150
-
21 747
-
Corporate
79 357
137 000
-
-
income
15 872
27 400
-
-
total
15 872
27 400
-
-
Dividends

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

47 614
82 200
-
-
national
1 172
7 383
-
-
municipal
8 571
14 796
-
-
total
9 743
22 179
-
-
Income
137 000
137 000
137 000
137 000
Total tax
47 872
49 579
63 520
44 952
After tax
89 128
87 421
73 480
92 048
Living cost
35 387
35 387
35 387
35 387
Free-cash
53 741
52 034
38 093
56 661

Estimated living cost  is ₽35387 per week

₽23115
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3404
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽563
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8307
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72295
₽78685
₽73569
₽73669
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 000
social contributions
-
-
-
14 913
health
-
-
-
3 493
income
-
-
-
23 685
total
-
-
-
42 091
Employee
70 876
70 876
126 722
-
social contributions
2 680
5 882
7 934
-
income
7 717
6 561
22 998
-
health
549
1 205
2 155
-
total
10 946
13 648
33 087
-
Employer
70 876
70 876
126 722
-
health
596
1 312
2 344
-
social contributions
2 680
5 882
7 934
-
total
3 276
7 194
10 278
-
Corporate
101 438
58 930
-
-
income
12 679
7 366
-
-
total
12 679
7 366
-
-
Dividends
88 758
51 565
-
-
withholding
15 090
8 767
-
-
total
15 090
8 767
-
-
Income
137 000
137 000
137 000
137 000
Total tax
41 991
36 975
43 365
42 091
After tax
95 009
100 025
93 635
94 909
Living cost
21 340
21 340
21 340
21 340
Free-cash
73 669
78 685
72 295
73 569

Estimated living cost  is ₽21340 per week

₽12790
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2094
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5986
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80924
₽98815
₽99412
₽94125
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

By law (Article 9 §1 (7); Article 10 §1 (7); Article 11 §1 (5)) a social contribution base is set as:

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
137 000
health
-
-
-
3 336
income
-
-
-
13 729
pensions
-
-
-
5 863
unemployment
-
-
-
26
total
-
-
-
22 954
Employee

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

21 157
-
127 992
-
income
1 447
-
11 445
-
pensions
3 173
-
13 118
-
health
1 798
-
7 434
-
unemployment
105
-
437
-
total
6 523
-
32 434
-
Employer

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

21 157
-
127 992
-
unemployment
105
-
437
-
health
910
-
3 761
-
pensions
1 163
-
4 810
-
total
2 178
-
9 008
-
Corporate
113 666
137 000
-
-
income
10 231
12 330
-
-
total
10 231
12 330
-
-
Dividends
103 435
124 670
-
-
withholding
9 309
11 221
-
-
total
9 309
11 221
-
-
Income
137 000
137 000
137 000
137 000
Total tax
28 241
23 551
41 442
22 954
After tax
108 759
113 449
95 558
114 046
Living cost
14 634
14 634
14 634
14 634
Free-cash
94 125
98 815
80 924
99 412

Estimated living cost  is ₽14634 per week

₽9337
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1055
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽436
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3806
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47907
₽66279
₽51822
₽62026
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
86
accident
-
-
-
770
income
-
-
-
34 202
pensions
-
-
-
24 176
unemployment
-
-
-
598
total
-
-
-
59 832
Employee
34 081
-
109 764
-
income
6 571
-
31 086
-
other
33
-
86
-
pensions
1 602
-
4 016
-
unemployment
528
-
1 324
-
total
8 734
-
36 512
-
Employer
34 081
-
109 764
-
other
273
-
684
-
unemployment
1 875
-
4 698
-
accident
675
-
1 691
-
pensions
8 042
-
20 162
-
total
10 865
-
27 235
-
Corporate
92 053
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.

13 808
20 551
-
-
total
13 808
20 551
-
-
Dividends
78 245
116 449
-
-
withholding
16 221
24 824
-
-
total
16 221
24 824
-
-
Income
137 000
137 000
137 000
137 000
Total tax
49 628
45 375
63 747
59 832
After tax
87 372
91 625
73 253
77 168
Living cost
25 346
25 346
25 346
25 346
Free-cash
62 026
66 279
47 907
51 822

Estimated living cost  is ₽25346 per week

₽17108
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2437
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽444
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5358
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86240
₽83794
₽86361
₽83515
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
896
income
-
-
-
46 813
pensions
-
-
-
1 236
total
-
-
-
48 945
Employee
2 580
-
135 610
-
income
499
-
46 748
-
pensions
232
-
556
-
health
129
-
309
-
unemployment
26
-
62
-
total
886
-
47 675
-
Employer
2 580
-
135 610
-
unemployment
52
-
124
-
health
245
-
587
-
pensions
284
-
680
-
total
581
-
1 391
-
Corporate
133 839
137 000
-
-
income
29 445
30 140
-
-
total
29 445
30 140
-
-
Dividends
104 395
106 860
-
-
withholding
20 879
21 372
-
-
total
20 879
21 372
-
-
Income
137 000
137 000
137 000
137 000
Total tax
51 791
51 512
49 066
48 945
After tax
85 209
85 488
87 934
88 055
Living cost
1 694
1 694
1 694
1 694
Free-cash
83 515
83 794
86 240
86 361

Estimated living cost  is ₽1694 per week

₽1007
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽137
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽39
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽511
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64967
₽83065
₽64967
₽78538
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
137 000
health
-
-
-
7 006
income
-
-
-
30 405
pensions
-
-
-
17 685
unemployment
-
-
-
1 020
total
-
-
-
56 116
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.

24 002
-
124 824
-
income
3 309
-
30 405
-
pensions
3 360
-
9 523
-
health
1 236
-
3 503
-
unemployment
180
-
510
-
total
8 085
-
43 941
-
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.

24 002
-
124 824
-
unemployment
180
-
510
-
health
1 236
-
3 503
-
pensions
2 880
-
8 162
-
total
4 296
-
12 175
-
Corporate
108 701
137 000
-
-
income
16 305
20 550
-
-
total
16 305
20 550
-
-
Dividends
92 396
116 450
-
-
withholding
13 859
17 468
-
-
total
13 859
17 468
-
-
Income
137 000
137 000
137 000
137 000
Total tax
42 545
38 018
56 116
56 116
After tax
94 455
98 982
80 884
80 884
Living cost
15 917
15 917
15 917
15 917
Free-cash
78 538
83 065
64 967
64 967

Estimated living cost  is ₽15917 per week

₽10717
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1231
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.
₽3508
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39761
₽53077
₽49403
₽52744
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Based on articles 30.º, 31.º and 151.º of CIRS, sole-trader can use 75% of income as a tax base when earnings are below €200,000 per annum.

-
-
-
137 000
social contributions

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

-
-
-
47 608
income
-
-
-
15 140
surtax
-
-
-
-
total
-
-
-
62 748
Employee
35 774
-
110 707
-
surtax
-
-
-
-
social contributions
3 936
-
12 177
-
income
6 990
-
33 920
-
total
10 926
-
46 097
-
Employer
35 774
-
110 707
-
social contributions
8 496
-
26 293
-
total
8 496
-
26 293
-
Corporate
92 731
137 000
-
-
surtax
-
-
-
-
income
19 473
28 770
-
-
total
19 473
28 770
-
-
Dividends
73 258
108 230
-
-
withholding
20 512
30 304
-
-
total
20 512
30 304
-
-
Income
137 000
137 000
137 000
137 000
Total tax
59 407
59 074
72 390
62 748
After tax
77 593
77 926
64 610
74 252
Living cost
24 849
24 849
24 849
24 849
Free-cash
52 744
53 077
39 761
49 403

Estimated living cost  is ₽24849 per week

₽17600
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1726
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽441
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5083
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40860
₽59232
₽44775
₽52782
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
86
accident
-
-
-
770
income
-
-
-
34 202
pensions
-
-
-
24 176
unemployment
-
-
-
598
total
-
-
-
59 832
Employee
44 515
-
109 764
-
income
9 297
-
31 086
-
other
44
-
86
-
pensions
2 092
-
4 016
-
unemployment
689
-
1 324
-
total
12 122
-
36 512
-
Employer
44 515
-
109 764
-
other
357
-
684
-
unemployment
2 449
-
4 698
-
accident
882
-
1 691
-
pensions
10 505
-
20 162
-
total
14 193
-
27 235
-
Corporate
78 293
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.

11 744
20 551
-
-
total
11 744
20 551
-
-
Dividends
66 549
116 449
-
-
withholding
13 766
24 824
-
-
total
13 766
24 824
-
-
Income
137 000
137 000
137 000
137 000
Total tax
51 825
45 375
63 747
59 832
After tax
85 175
91 625
73 253
77 168
Living cost
32 393
32 393
32 393
32 393
Free-cash
52 782
59 232
40 860
44 775

Estimated living cost  is ₽32393 per week

₽23263
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2519
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6155
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97452
₽101494
₽92330
₽95953
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 652
income
-
-
-
20 550
pensions

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

-
-
-
4 700
unemployment
-
-
-
127
total
-
-
-
29 029
Employee
20 711
-
130 769
-
income
2 071
-
13 077
-
accident

We are using the highest rate at 1.1%.

228
-
349
-
pensions

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

1 818
-
2 789
-
health
953
-
1 461
-
total
5 070
-
17 676
-
Employer
20 711
-
130 769
-
unemployment
124
-
191
-
health
1 429
-
2 191
-
accident

We are using the highest rate at 1.1%.

228
-
349
-
pensions

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

2 282
-
3 500
-
total
4 063
-
6 231
-
Corporate
112 226
137 000
-
-
income
11 222
13 700
-
-
total
11 222
13 700
-
-
Dividends
101 003
123 300
-
-
withholding
5 051
6 165
-
-
total
5 051
6 165
-
-
Income
137 000
137 000
137 000
137 000
Total tax
25 406
19 865
23 907
29 029
After tax
111 594
117 135
113 093
107 971
Living cost
15 641
15 641
15 641
15 641
Free-cash
95 953
101 494
97 452
92 330

Estimated living cost  is ₽15641 per week

₽10345
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽895
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽373
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4028
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53408
₽34963
₽39898
₽47023
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
137 000
health

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

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

-
-
-
6 297
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.

-
-
-
39 536
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.

-
-
-
2 174
trade
-
-
-
13 510
total
-
-
-
61 517
Employee

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

45 861
-
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.

208
-
2 174
-
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.

3 771
-
39 536
-
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.

6 297
-
6 297
-
total
10 276
-
48 007
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
91 139
137 000
-
-
chamber of commerce
273
341
-
-
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.

752
1 130
-
-
trade
13 078
19 660
-
-
income
13 671
20 551
-
-
total
27 774
41 682
-
-
Dividends
63 364
95 318
-
-
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.

852
1 291
-
-
withholding
15 490
23 479
-
-
total
16 342
24 770
-
-
Income
137 000
137 000
137 000
137 000
Total tax
54 392
66 452
48 007
61 517
After tax
82 608
70 548
88 993
75 483
Living cost
35 585
35 585
35 585
35 585
Free-cash
47 023
34 963
53 408
39 898

Estimated living cost  is ₽35585 per week

₽24547
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3829
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽516
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6692
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22661
₽43394
₽22661
₽45431
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
39 565
social contributions
-
-
-
22 269
total
-
-
-
61 834
Employee
72 099
-
137 000
-
income
13 605
-
39 565
-
social contributions
5 990
-
22 269
-
total
19 595
-
61 834
-
Employer
72 099
-
137 000
-
total
-
-
-
-
Corporate
64 901
137 000
-
-
income
8 112
17 126
-
-
total
8 112
17 126
-
-
Dividends
56 789
119 874
-
-
withholding
11 357
23 975
-
-
total
11 357
23 975
-
-
Income
137 000
137 000
137 000
137 000
Total tax
39 064
41 101
61 834
61 834
After tax
97 936
95 899
75 166
75 166
Living cost
52 505
52 505
52 505
52 505
Free-cash
45 431
43 394
22 661
22 661

Estimated living cost  is ₽52505 per week

₽39945
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4278
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽502
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7780
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65497
₽50720
₽71632
₽53943
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
137 000
income
-
-
-
26 237
health

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

-
-
-
5 672
total
-
-
-
31 909
Employee
42 283
-
132 760
-
income
4 588
-
29 564
-
social contributions
4 236
-
4 240
-
total
8 824
-
33 804
-
Employer
42 283
-
132 760
-
social contributions
4 236
-
4 240
-
total
4 236
-
4 240
-
Corporate
90 481
137 000
-
-
income
31 668
47 951
-
-
total
31 668
47 951
-
-
Dividends
58 813
89 049
-
-
social contributions
4 870
4 870
-
-
total
4 870
4 870
-
-
Income
137 000
137 000
137 000
137 000
Total tax
49 598
52 821
38 044
31 909
After tax
87 402
84 179
98 956
105 091
Living cost
33 459
33 459
33 459
33 459
Free-cash
53 943
50 720
65 497
71 632

Estimated living cost  is ₽33459 per week

₽22039
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2638
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8268
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46248
₽58377
₽58781
₽63680
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 000
income
-
-
-
36 667
pensions
-
-
-
7 724
total
-
-
-
44 391
Employee
46 433
-
119 894
-
income
8 456
-
28 314
-
health
606
-
1 830
-
pensions
3 544
-
9 674
-
total
12 606
-
39 818
-
Employer
46 433
-
119 894
-
health
882
-
2 278
-
pensions
4 691
-
14 828
-
total
5 573
-
17 106
-
Corporate
84 993
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.

16 150
26 029
-
-
total
16 150
26 029
-
-
Dividends
68 844
110 971
-
-
withholding
5 163
18 766
-
-
total
5 163
18 766
-
-
Income
137 000
137 000
137 000
137 000
Total tax
39 492
44 795
56 924
44 391
After tax
97 508
92 205
80 076
92 609
Living cost
33 828
33 828
33 828
33 828
Free-cash
63 680
58 377
46 248
58 781

Estimated living cost  is ₽33828 per week

₽23205
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3111
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽423
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7086
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

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

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

Source of data for Edinburgh model

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Warsaw , Poland
₽51338
-₽11042
₽71611
₽7702
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
344
health
-
-
-
2 027
accident
-
-
-
235
income
-
-
-
36 777
pensions
-
-
-
3 867
total
-
-
-
43 250
Employee
34 826
-
121 745
-
income
4 778
-
27 237
-
pensions
3 921
-
7 091
-
health
3 987
-
13 940
-
total
12 686
-
48 268
-
Employer
34 826
-
121 745
-
unemployment
853
-
2 983
-
accident
582
-
2 033
-
pensions
5 662
-
10 239
-
total
7 097
-
15 255
-
Corporate
95 077
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.

85 569
123 300
-
-
total
85 569
123 300
-
-
Dividends
9 508
13 700
-
-
withholding
1 807
2 603
-
-
total
1 807
2 603
-
-
Income
137 000
137 000
137 000
137 000
Total tax
107 159
125 903
63 523
43 250
After tax
29 841
11 097
73 477
93 750
Living cost
22 139
22 139
22 139
22 139
Free-cash
7 702
-11 042
51 338
71 611

Estimated living cost  is ₽22139 per week

₽16248
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1290
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽446
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4155
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82126
₽102855
₽64687
₽98550
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Sole-trader should pay social contributions from a minimum of 50% of an average salary to a maximum of twelve average salaries. The minimum personal income for the first year should be at least 50% of an average salary.

-
-
-
137 000
income
-
-
-
22 208
health insurance
-
-
-
10 138
work injury
-
-
-
685
pensions
-
-
-
25 208
unemployment
-
-
-
1 644
total
-
-
-
59 883
Employee

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

19 888
-
137 000
-
income
1 989
-
22 208
-
work injury
99
-
368
-
health insurance
1 472
-
5 445
-
pensions
3 659
-
13 540
-
unemployment
239
-
883
-
total
7 458
-
42 444
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
117 112
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%.

1 171
1 370
-
-
total
1 171
1 370
-
-
Dividends
115 940
135 630
-
-
withholding
17 391
20 345
-
-
total
17 391
20 345
-
-
Income
137 000
137 000
137 000
137 000
Total tax
26 020
21 715
42 444
59 883
After tax
110 980
115 285
94 556
77 117
Living cost
12 430
12 430
12 430
12 430
Free-cash
98 550
102 855
82 126
64 687

Estimated living cost  is ₽12430 per week

₽7701
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽903
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽388
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3438
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22481
₽35444
₽28616
₽31250
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 000
social contributions
-
-
-
35 236
national
-
-
-
32 401
regional
-
-
-
3 111
municipal
-
-
-
917
total
-
-
-
71 665
Employee
77 670
-
137 000
-
social contributions
26 190
-
46 196
-
municipal
464
-
817
-
national
13 125
-
28 068
-
regional
1 173
-
2 719
-
total
40 952
-
77 800
-
Employer
77 670
-
137 000
-
total
-
-
-
-
Corporate
59 330
137 000
-
-
nationa
14 240
32 880
-
-
municipal
2 860
6 603
-
-
total
17 100
39 483
-
-
Dividends
42 231
97 517
-
-
withholding
10 979
25 354
-
-
total
10 979
25 354
-
-
Income
137 000
137 000
137 000
137 000
Total tax
69 031
64 837
77 800
71 665
After tax
67 969
72 163
59 200
65 335
Living cost
36 719
36 719
36 719
36 719
Free-cash
31 250
35 444
22 481
28 616

Estimated living cost  is ₽36719 per week

₽25793
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2526
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.
₽7845
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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