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
₽38702
₽59687
₽45474
₽49824
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income

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

-
-
-
37 895
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.

-
-
-
2 084
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.

-
-
-
6 871
trade
-
-
-
14 213
total
-
-
-
61 063
Employee

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

38 468
-
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.

59
-
2 084
-
income

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

1 075
-
37 895
-
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.

6 871
-
6 871
-
total
8 005
-
46 850
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
98 532
137 000
-
-
income
14 780
20 550
-
-
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.

813
1 130
-
-
chamber of commerce
294
349
-
-
trade
15 519
21 577
-
-
total
31 406
43 606
-
-
Dividends
67 126
93 394
-
-
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.

903
1 263
-
-
withholding
16 399
22 966
-
-
total
17 302
24 229
-
-
Income
137 000
137 000
137 000
137 000
Total tax
56 713
67 835
46 850
61 063
After tax
80 287
69 165
90 150
75 937
Living cost
30 463
30 463
30 463
30 463
Free-cash
49 824
38 702
59 687
45 474

Estimated living cost  is ₽30463 per week

₽19162
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3552
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7180
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32077
₽29365
₽28289
₽31188
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 000
social contributions
-
-
-
1 473
municipal
-
-
-
14 664
national
-
-
-
22 723
pensions
-
-
-
16 440
total
-
-
-
55 300
Employee
82 797
-
118 435
-
municipal
10 227
-
15 194
-
pensions
3 312
-
4 737
-
national
15 847
-
23 545
-
total
29 386
-
43 476
-
Employer
82 797
-
118 435
-
pensions
6 624
-
9 475
-
social contributions
890
-
1 273
-
total
7 514
-
10 748
-
Corporate
41 225
137 000
-
-
income

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

8 245
27 400
-
-
total
8 245
27 400
-
-
Dividends
32 980
109 600
-
-
withholding
7 256
24 112
-
-
total
7 256
24 112
-
-
Income
137 000
137 000
137 000
137 000
Total tax
52 401
51 512
54 224
55 300
After tax
84 599
85 488
82 776
81 700
Living cost
53 411
53 411
53 411
53 411
Free-cash
31 188
32 077
29 365
28 289

Estimated living cost  is ₽53411 per week

₽36303
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4965
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽799
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11344
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88676
₽55882
₽21104
₽80426
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
21 502
surtax
-
-
-
34 935
social contributions

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

-
-
-
38 535
microenterprise
-
-
-
-
total
-
-
-
94 972
Employee
29 388
-
110 404
-
surtax
-
-
-
-
social contributions

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

3 233
-
12 144
-
income
5 231
-
21 454
-
total
8 464
-
33 598
-
Employer
29 388
-
110 404
-
social contributions

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

7 079
-
26 596
-
surtax
-
-
-
-
total
7 079
-
26 596
-
Corporate
100 533
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%.

20 107
27 400
-
-
total
20 107
27 400
-
-
Dividends

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

80 426
109 600
-
-
total
-
-
-
-
Income
137 000
137 000
137 000
137 000
Total tax
35 650
27 400
60 194
94 972
After tax
101 350
109 600
76 806
42 028
Living cost
20 924
20 924
20 924
20 924
Free-cash
80 426
88 676
55 882
21 104

Estimated living cost  is ₽20924 per week

₽13349
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1993
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5107
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25098
₽37933
₽36297
₽18934
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
34 385
health
-
-
-
12 402
pensions
-
-
-
11 784
total
-
-
-
58 571
Employee
85 887
85 887
118 309
-
pensions
15 460
11 784
11 784
-
income

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

14 058
14 058
14 058
-
health
13 183
11 213
12 402
-
total
42 701
37 055
38 244
-
Employer
85 887
85 887
118 309
-
health
5 970
5 970
7 419
-
pensions
5 978
5 978
7 430
-
unemployment
3 092
3 092
3 842
-
total
15 040
15 040
18 691
-
Corporate
37 127
36 073
-
-
income
7 426
7 214
-
-
total
7 426
7 214
-
-
Dividends
29 701
28 859
-
-
income
6 312
6 132
-
-
withholding
4 455
4 329
-
-
total
10 767
10 461
-
-
Income
137 000
137 000
137 000
137 000
Total tax
75 934
69 770
56 935
58 571
After tax
61 066
67 230
80 065
78 429
Living cost
42 132
42 132
42 132
42 132
Free-cash
18 934
25 098
37 933
36 297

Estimated living cost  is ₽42132 per week

₽29858
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3798
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽670
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7806
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33596
₽30356
₽31466
₽32671
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 000
accident
-
-
-
181
other
-
-
-
10 494
unemployment
-
-
-
90
health
-
-
-
5 635
municipal
-
-
-
33 052
national
-
-
-
5 114
pensions
-
-
-
9 762
total
-
-
-
64 328
Employee
58 715
-
108 625
-
municipal
17 509
-
32 392
-
national
-
-
4 671
-
total
17 509
-
37 063
-
Employer
58 715
-
108 625
-
health
3 611
-
5 554
-
pensions
6 347
-
9 762
-
accident
117
-
181
-
unemployment
1 550
-
2 384
-
other
6 823
-
10 494
-
total
18 448
-
28 375
-
Corporate
59 837
137 000
-
-
income
13 164
30 140
-
-
total
13 164
30 140
-
-
Dividends
46 673
106 860
-
-
withholding
14 002
32 058
-
-
total
14 002
32 058
-
-
Income
137 000
137 000
137 000
137 000
Total tax
63 123
62 198
65 438
64 328
After tax
73 877
74 802
71 562
72 672
Living cost
41 206
41 206
41 206
41 206
Free-cash
32 671
33 596
30 356
31 466

Estimated living cost  is ₽41206 per week

₽27310
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4043
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽626
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9227
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28948
₽50640
₽35795
₽43080
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income

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

-
-
-
37 895
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.

-
-
-
2 084
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.

-
-
-
6 871
trade
-
-
-
14 845
total
-
-
-
61 695
Employee

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

51 004
-
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.

240
-
2 084
-
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.

4 382
-
37 895
-
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.

6 871
-
6 871
-
total
11 493
-
46 850
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
85 996
137 000
-
-
income
12 900
20 550
-
-
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.

710
1 130
-
-
chamber of commerce
275
347
-
-
trade
14 147
22 537
-
-
total
28 032
44 564
-
-
Dividends
57 965
92 436
-
-
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.

777
1 250
-
-
withholding
14 108
22 728
-
-
total
14 885
23 978
-
-
Income
137 000
137 000
137 000
137 000
Total tax
54 410
68 542
46 850
61 695
After tax
82 590
68 458
90 150
75 305
Living cost
39 510
39 510
39 510
39 510
Free-cash
43 080
28 948
50 640
35 795

Estimated living cost  is ₽39510 per week

₽26424
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4166
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8329
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67453
₽61718
₽63029
₽63282
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
21 584
social contributions
-
-
-
16 273
health
-
-
-
3 493
total
-
-
-
41 350
Employee
77 337
77 337
126 012
-
social contributions
3 758
6 419
8 657
-
income
8 121
7 159
20 876
-
health
769
1 315
2 141
-
total
12 648
14 893
31 674
-
Employer
77 337
77 337
126 012
-
health
838
1 431
2 330
-
social contributions
3 758
6 419
8 657
-
total
4 596
7 850
10 987
-
Corporate
87 134
51 813
-
-
income
10 892
6 476
-
-
total
10 892
6 476
-
-
Dividends
76 242
45 337
-
-
withholding
12 961
7 707
-
-
total
12 961
7 707
-
-
Income
137 000
137 000
137 000
137 000
Total tax
41 097
36 926
42 661
41 350
After tax
95 903
100 074
94 339
95 650
Living cost
32 621
32 621
32 621
32 621
Free-cash
63 282
67 453
61 718
63 029

Estimated living cost  is ₽32621 per week

₽22300
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2548
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7226
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58592
₽60965
₽76452
₽58976
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 748
unemployment
-
-
-
2 055
health
-
-
-
9 590
pensions
-
-
-
13 700
total
-
-
-
42 093
Employee

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

The minimum wage is 138,000 HUF per month.

26 641
10 603
114 644
-
unemployment
400
159
1 720
-
pensions
2 664
1 060
11 464
-
income
3 257
1 296
14 015
-
health
1 865
742
8 025
-
total
8 186
3 257
35 224
-
Employer

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

The minimum wage is 138,000 HUF per month.

26 641
10 603
114 644
-
pensions
5 195
2 068
22 356
-
total
5 195
2 068
22 356
-
Corporate
105 164
124 330
-
-
income
9 465
11 190
-
-
total
9 465
11 190
-
-
Dividends
95 700
113 140
-
-
social contributions
18 540
21 941
-
-
withholding
18 183
21 497
-
-
total
36 723
43 438
-
-
Income
137 000
137 000
137 000
137 000
Total tax
59 569
59 953
57 580
42 093
After tax
77 431
77 047
79 420
94 907
Living cost
18 455
18 455
18 455
18 455
Free-cash
58 976
58 592
60 965
76 452

Estimated living cost  is ₽18455 per week

₽12594
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1510
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽369
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3982
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85308
₽54672
₽49140
₽79060
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
18 359
health
-
-
-
17 809
pensions
-
-
-
27 400
total
-
-
-
63 568
Employee
28 531
-
102 391
-
unemployment
456
-
1 638
-
pensions
571
-
2 048
-
income
3 212
-
19 741
-
total
4 239
-
23 427
-
Employer
28 531
-
102 391
-
health
3 708
-
13 311
-
pensions
5 707
-
20 479
-
unemployment
229
-
819
-
total
9 644
-
34 609
-
Corporate
98 824
137 000
-
-
income
19 765
27 400
-
-
total
19 765
27 400
-
-
Dividends
79 059
109 600
-
-
total
-
-
-
-
Income
137 000
137 000
137 000
137 000
Total tax
33 648
27 400
58 036
63 568
After tax
103 352
109 600
78 964
73 432
Living cost
24 292
24 292
24 292
24 292
Free-cash
79 060
85 308
54 672
49 140

Estimated living cost  is ₽24292 per week

₽16662
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1447
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5695
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽11303
₽50528
₽71407
₽7661
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 000
accident
-
-
-
257
income
-
-
-
36 102
other
-
-
-
377
health
-
-
-
2 221
pensions
-
-
-
4 236
total
-
-
-
43 193
Employee
35 237
-
120 806
-
pensions
3 968
-
7 768
-
income
4 834
-
26 277
-
health
4 035
-
13 832
-
total
12 837
-
47 877
-
Employer
35 237
-
120 806
-
pensions
5 730
-
11 218
-
accident
588
-
2 017
-
unemployment
863
-
2 960
-
total
7 181
-
16 195
-
Corporate
94 582
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.

85 124
123 300
-
-
total
85 124
123 300
-
-
Dividends
9 458
13 700
-
-
withholding
1 797
2 603
-
-
total
1 797
2 603
-
-
Income
137 000
137 000
137 000
137 000
Total tax
106 939
125 903
64 072
43 193
After tax
30 061
11 097
72 928
93 807
Living cost
22 400
22 400
22 400
22 400
Free-cash
7 661
-11 303
50 528
71 407

Estimated living cost  is ₽22400 per week

₽16417
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1241
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4275
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽122010
₽101460
₽127490
₽120484
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
137 000
microenterprise

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

-
-
-
1 370
total
-
-
-
1 370
Employee
10 174
-
137 000
-
income
2 035
-
27 400
-
total
2 035
-
27 400
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

126 826
137 000
-
-
total
-
-
-
-
Dividends
126 826
137 000
-
-
withholding
6 341
6 850
-
-
total
6 341
6 850
-
-
Income
137 000
137 000
137 000
137 000
Total tax
8 376
6 850
27 400
1 370
After tax
128 624
130 150
109 600
135 630
Living cost
8 140
8 140
8 140
8 140
Free-cash
120 484
122 010
101 460
127 490

Estimated living cost  is ₽8140 per week

₽5044
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽677
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽224
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2195
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73856
₽51810
₽46146
₽67060
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
18 641
other
-
-
-
6 508
health
-
-
-
6 027
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.

-
-
-
32 879
total
-
-
-
64 055
Employee
36 518
-
109 425
-
unemployment
365
-
1 094
-
pensions

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

2 556
-
7 659
-
income
6 287
-
20 529
-
health
512
-
1 533
-
total
9 720
-
30 815
-
Employer
36 518
-
109 425
-
health
512
-
1 533
-
pensions

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

6 209
-
18 603
-
accident
292
-
876
-
unemployment
365
-
1 094
-
other
1 827
-
5 470
-
total
9 205
-
27 576
-
Corporate
91 279
137 000
-
-
income
19 168
28 770
-
-
total
19 168
28 770
-
-
Dividends
72 111
108 230
-
-
withholding
5 048
7 575
-
-
total
5 048
7 575
-
-
Income
137 000
137 000
137 000
137 000
Total tax
43 141
36 345
58 391
64 055
After tax
93 859
100 655
78 609
72 945
Living cost
26 799
26 799
26 799
26 799
Free-cash
67 060
73 856
51 810
46 146

Estimated living cost  is ₽26799 per week

₽18935
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1809
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽431
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5623
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27036
₽14307
₽26926
₽22056
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
35 002
pensions
-
-
-
8 213
total
-
-
-
43 215
Employee
94 595
-
120 038
-
pensions
9 126
-
10 388
-
income
17 052
-
26 592
-
health
1 559
-
1 892
-
total
27 737
-
38 872
-
Employer
94 595
-
120 038
-
health
1 797
-
2 281
-
pensions
11 169
-
14 681
-
total
12 966
-
16 962
-
Corporate
29 439
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.

5 594
26 030
-
-
total
5 594
26 030
-
-
Dividends
23 845
110 970
-
-
withholding
1 788
17 075
-
-
total
1 788
17 075
-
-
Income
137 000
137 000
137 000
137 000
Total tax
48 085
43 105
55 834
43 215
After tax
88 915
93 895
81 166
93 785
Living cost
66 859
66 859
66 859
66 859
Free-cash
22 056
27 036
14 307
26 926

Estimated living cost  is ₽66859 per week

₽50099
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7856
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽544
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8362
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽103930
₽98790
₽93852
₽99251
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
20 550
unemployment
-
-
-
141
health
-
-
-
4 046
pensions

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

-
-
-
5 206
total
-
-
-
29 943
Employee
17 485
-
130 098
-
accident

We are using the highest rate at 1.1%.

193
-
387
-
pensions

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

1 535
-
3 089
-
income
1 748
-
13 009
-
health
804
-
1 618
-
total
4 280
-
18 103
-
Employer
17 485
-
130 098
-
health
1 207
-
2 427
-
pensions

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

1 927
-
3 877
-
accident

We are using the highest rate at 1.1%.

193
-
387
-
unemployment
105
-
211
-
total
3 432
-
6 902
-
Corporate
116 084
137 000
-
-
income
11 608
13 700
-
-
total
11 608
13 700
-
-
Dividends
104 476
123 300
-
-
withholding
5 224
6 165
-
-
total
5 224
6 165
-
-
Income
137 000
137 000
137 000
137 000
Total tax
24 544
19 865
25 005
29 943
After tax
112 456
117 135
111 995
107 057
Living cost
13 205
13 205
13 205
13 205
Free-cash
99 251
103 930
98 790
93 852

Estimated living cost  is ₽13205 per week

₽7709
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽943
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽350
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4203
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Varna model

Close
Amsterdam , Netherlands
₽11460
₽24295
₽22659
₽13989
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
34 385
health
-
-
-
12 402
pensions
-
-
-
11 784
total
-
-
-
58 571
Employee
93 245
85 887
118 309
-
pensions
11 784
11 784
11 784
-
income

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

14 058
14 058
14 058
-
health
11 633
11 213
12 402
-
total
37 475
37 055
38 244
-
Employer
93 245
85 887
118 309
-
health
6 480
5 970
7 419
-
pensions
6 489
5 978
7 430
-
unemployment
3 357
3 092
3 842
-
total
16 326
15 040
18 691
-
Corporate
27 428
36 073
-
-
income
5 485
7 214
-
-
total
5 485
7 214
-
-
Dividends
21 943
28 859
-
-
income
4 663
6 132
-
-
withholding
3 292
4 329
-
-
total
7 955
10 461
-
-
Income
137 000
137 000
137 000
137 000
Total tax
67 241
69 770
56 935
58 571
After tax
69 759
67 230
80 065
78 429
Living cost
55 770
55 770
55 770
55 770
Free-cash
13 989
11 460
24 295
22 659

Estimated living cost  is ₽55770 per week

₽41140
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4981
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽639
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9010
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69331
₽44529
₽45167
₽60415
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 381
social contributions
-
-
-
35 964
solidarity contribution
-
-
-
-
health
-
-
-
18 495
total
-
-
-
66 840
Employee
36 754
-
102 239
-
solidarity contribution
-
-
-
-
social contributions
2 389
-
6 646
-
income
4 411
-
12 269
-
health
4 962
-
13 802
-
total
11 762
-
32 717
-
Employer
36 754
-
102 239
-
health
3 308
-
9 201
-
social contributions
9 189
-
25 560
-
total
12 497
-
34 761
-
Corporate
87 749
137 000
-
-
income
16 672
26 030
-
-
total
16 672
26 030
-
-
Dividends
71 077
110 970
-
-
withholding
10 661
16 646
-
-
total
10 661
16 646
-
-
Income
137 000
137 000
137 000
137 000
Total tax
51 592
42 676
67 478
66 840
After tax
85 408
94 324
69 522
70 160
Living cost
24 993
24 993
24 993
24 993
Free-cash
60 415
69 331
44 529
45 167

Estimated living cost  is ₽24993 per week

₽17360
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1778
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5363
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30658
₽18769
₽25290
₽25406
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
1 574
municipal
-
-
-
815
national
-
-
-
31 646
total
-
-
-
69 271
Employee
89 385
-
137 000
-
municipal
473
-
727
-
national
15 488
-
27 482
-
regional
843
-
1 387
-
social contributions
30 141
-
46 196
-
total
46 945
-
75 792
-
Employer
89 385
-
137 000
-
total
-
-
-
-
Corporate
47 615
137 000
-
-
municipal
1 857
5 342
-
-
nationa
11 427
32 879
-
-
total
13 284
38 221
-
-
Dividends
34 332
98 778
-
-
withholding
8 926
25 682
-
-
total
8 926
25 682
-
-
Income
137 000
137 000
137 000
137 000
Total tax
69 155
63 903
75 792
69 271
After tax
67 845
73 097
61 208
67 729
Living cost
42 439
42 439
42 439
42 439
Free-cash
25 406
30 658
18 769
25 290

Estimated living cost  is ₽42439 per week

₽29583
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2783
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽651
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9421
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63979
₽40187
₽42813
₽60850
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
31 055
other
-
-
-
-
surtax
-
-
-
4 334
unemployment
-
-
-
229
health
-
-
-
9 530
pensions
-
-
-
26 846
total
-
-
-
71 994
Employee
33 259
-
113 177
-
other
-
-
-
-
unemployment
2 315
-
7 877
-
pensions
2 218
-
7 548
-
surtax
109
-
3 920
-
income
5 575
-
28 566
-
health
849
-
2 886
-
total
11 066
-
50 797
-
Employer
33 259
-
113 177
-
health
1 514
-
5 149
-
pensions
4 434
-
15 086
-
unemployment
1 054
-
3 588
-
other
-
-
-
-
total
7 002
-
23 823
-
Corporate
96 740
137 000
-
-
income
25 151
35 620
-
-
total
25 151
35 620
-
-
Dividends
71 588
101 380
-
-
withholding
10 738
15 208
-
-
total
10 738
15 208
-
-
Income
137 000
137 000
137 000
137 000
Total tax
53 957
50 828
74 620
71 994
After tax
83 043
86 172
62 380
65 006
Living cost
22 193
22 193
22 193
22 193
Free-cash
60 850
63 979
40 187
42 813

Estimated living cost  is ₽22193 per week

₽13570
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2048
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.
₽6064
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48219
₽35490
₽48109
₽49104
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
35 002
pensions
-
-
-
8 213
total
-
-
-
43 215
Employee
63 395
-
120 038
-
pensions
5 381
-
10 388
-
income
11 418
-
26 592
-
health
920
-
1 892
-
total
17 719
-
38 872
-
Employer
63 395
-
120 038
-
health
1 204
-
2 281
-
pensions
6 863
-
14 681
-
total
8 067
-
16 962
-
Corporate
65 538
137 000
-
-
income

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

12 453
26 030
-
-
total
12 453
26 030
-
-
Dividends
53 085
110 970
-
-
withholding
3 981
17 075
-
-
total
3 981
17 075
-
-
Income
137 000
137 000
137 000
137 000
Total tax
42 220
43 105
55 834
43 215
After tax
94 780
93 895
81 166
93 785
Living cost
45 676
45 676
45 676
45 676
Free-cash
49 104
48 219
35 490
48 109

Estimated living cost  is ₽45676 per week

₽34220
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3424
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7554
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽17099
₽26348
₽33057
₽17022
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
2 740
regional
-
-
-
5 665
health
-
-
-
309
city
-
-
-
1 444
national
-
-
-
1 438
pensions
-
-
-
12 602
total
-
-
-
24 198
Employee
93 322
-
122 622
-
unemployment
-
-
-
-
pensions
7 840
-
10 300
-
national
442
-
1 130
-
regional
3 056
-
4 854
-
city
1 002
-
1 317
-
health
211
-
277
-
total
12 551
-
17 878
-
Employer
93 322
-
122 622
-
health
211
-
277
-
pensions
7 840
-
10 300
-
unemployment
-
-
-
-
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.

1 866
-
2 452
-
total
9 917
-
13 029
-
Corporate
32 735
137 000
-
-
regional
6 923
28 975
-
-
national
2 783
11 646
-
-
total
9 706
40 621
-
-
Dividends
23 028
96 379
-
-
withholding
8 059
33 733
-
-
total
8 059
33 733
-
-
Income
137 000
137 000
137 000
137 000
Total tax
40 233
74 354
30 907
24 198
After tax
96 767
62 646
106 093
112 802
Living cost
79 745
79 745
79 745
79 745
Free-cash
17 022
-17 099
26 348
33 057

Estimated living cost  is ₽79745 per week

₽51857
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.
₽979
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19752
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽21682
₽44076
₽28599
₽37989
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income

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

-
-
-
37 895
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.

-
-
-
2 084
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.

-
-
-
6 871
trade
-
-
-
15 477
total
-
-
-
62 327
Employee

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

60 444
-
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.

391
-
2 084
-
income

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

7 108
-
37 895
-
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.

6 871
-
6 871
-
total
14 370
-
46 850
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
76 556
137 000
-
-
income
11 484
20 550
-
-
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.

632
1 130
-
-
chamber of commerce
260
345
-
-
trade
13 129
23 495
-
-
total
25 505
45 520
-
-
Dividends
51 052
91 480
-
-
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.

681
1 237
-
-
withholding
12 381
22 487
-
-
total
13 062
23 724
-
-
Income
137 000
137 000
137 000
137 000
Total tax
52 937
69 244
46 850
62 327
After tax
84 063
67 756
90 150
74 673
Living cost
46 074
46 074
46 074
46 074
Free-cash
37 989
21 682
44 076
28 599

Estimated living cost  is ₽46074 per week

₽33650
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3685
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽599
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8140
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34638
₽45378
₽43444
₽40577
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
18 200
other
-
-
-
4 247
surtax
-
-
-
-
social contributions
-
-
-
3 905
health
-
-
-
4 539
pensions
-
-
-
28 255
total
-
-
-
59 146
Employee
43 044
-
108 400
-
pensions
4 867
-
6 554
-
surtax
-
-
-
-
social contributions
1 227
-
3 088
-
income
2 540
-
18 969
-
total
8 634
-
28 611
-
Employer
43 044
-
108 400
-
health
3 014
-
8 867
-
pensions
7 071
-
11 210
-
unemployment
1 743
-
4 390
-
social contributions
130
-
324
-
other
1 485
-
3 810
-
total
13 443
-
28 601
-
Corporate
80 513
137 000
-
-
income
22 544
38 361
-
-
surtax
-
-
-
-
total
22 544
38 361
-
-
Dividends
57 969
98 639
-
-
surtax
-
-
-
-
social contributions
9 971
16 966
-
-
withholding
7 421
12 625
-
-
total
17 392
29 591
-
-
Income
137 000
137 000
137 000
137 000
Total tax
62 013
67 952
57 212
59 146
After tax
74 987
69 048
79 788
77 854
Living cost
34 410
34 410
34 410
34 410
Free-cash
40 577
34 638
45 378
43 444

Estimated living cost  is ₽34410 per week

₽21697
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2798
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.
₽9331
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38047
₽48787
₽46853
₽43633
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
18 200
other
-
-
-
4 247
surtax
-
-
-
-
social contributions
-
-
-
3 905
health
-
-
-
4 539
pensions
-
-
-
28 255
total
-
-
-
59 146
Employee
38 423
-
108 400
-
pensions
4 346
-
6 554
-
surtax
-
-
-
-
social contributions
1 096
-
3 088
-
income
1 981
-
18 969
-
total
7 423
-
28 611
-
Employer
38 423
-
108 400
-
health
2 689
-
8 867
-
pensions
6 314
-
11 210
-
unemployment
1 556
-
4 390
-
social contributions
115
-
324
-
other
1 326
-
3 810
-
total
12 000
-
28 601
-
Corporate
86 577
137 000
-
-
income
24 241
38 361
-
-
surtax
-
-
-
-
total
24 241
38 361
-
-
Dividends
62 336
98 639
-
-
surtax
-
-
-
-
social contributions
10 722
16 966
-
-
withholding
7 980
12 625
-
-
total
18 702
29 591
-
-
Income
137 000
137 000
137 000
137 000
Total tax
62 366
67 952
57 212
59 146
After tax
74 634
69 048
79 788
77 854
Living cost
31 001
31 001
31 001
31 001
Free-cash
43 633
38 047
48 787
46 853

Estimated living cost  is ₽31001 per week

₽17979
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3149
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽588
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9285
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62255
₽65009
₽66654
₽62775
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
20 550
social contributions
-
-
-
18 907
health
-
-
-
9 562
total
-
-
-
49 019
Employee
34 101
-
137 000
-
social contributions
4 707
-
18 907
-
income
5 688
-
22 195
-
health
2 380
-
9 562
-
total
12 775
-
50 664
-
Employer
34 101
-
137 000
-
total
-
-
-
-
Corporate
102 899
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%.

5 146
6 850
-
-
total
5 146
6 850
-
-
Dividends
97 754
130 150
-
-
social contributions
13 490
17 960
-
-
withholding
14 664
19 523
-
-
health
6 823
9 085
-
-
total
34 977
46 568
-
-
Income
137 000
137 000
137 000
137 000
Total tax
52 898
53 418
50 664
49 019
After tax
84 102
83 582
86 336
87 981
Living cost
21 327
21 327
21 327
21 327
Free-cash
62 775
62 255
65 009
66 654

Estimated living cost  is ₽21327 per week

₽14272
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1315
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5247
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40748
₽1437
₽33901
₽39190
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
30 020
surtax
-
-
-
198
unemployment
-
-
-
6 169
chamber of commerce
-
-
-
548
health
-
-
-
8 988
pensions
-
-
-
21 737
total
-
-
-
67 660
Employee
50 263
40 080
106 226
-
other
502
401
1 063
-
unemployment
1 508
1 202
3 187
-
pensions
5 147
4 103
10 877
-
income
5 722
2 956
24 510
-
health
1 945
1 552
4 111
-
total
14 824
10 214
43 748
-
Employer
50 263
40 080
106 226
-
chamber of commerce
200
160
426
-
health
1 899
1 515
4 016
-
pensions
6 308
5 031
13 332
-
accident
653
521
1 382
-
unemployment
1 508
1 202
3 187
-
surtax
198
198
198
-
payroll
1 508
1 202
3 187
-
other
2 388
1 903
5 046
-
total
14 662
11 732
30 774
-
Corporate
72 075
85 185
102 409
-
income

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

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

18 019
21 296
25 602
-
total
18 019
21 296
25 602
-
Dividends
54 056
63 889
-
-
withholding
14 866
17 571
-
-
total
14 866
17 571
-
-
Income
137 000
137 000
137 000
137 000
Total tax
62 371
60 813
100 124
67 660
After tax
74 629
76 187
36 876
69 340
Living cost
35 439
35 439
35 439
35 439
Free-cash
39 190
40 748
1 437
33 901

Estimated living cost  is ₽35439 per week

₽23636
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3023
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽582
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8197
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40032
₽13804
₽23989
₽24948
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
communal

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

-
-
-
6 924
social contributions
-
-
-
21 608
national
-
-
-
47 808
total
-
-
-
76 340
Employee

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

71 942
-
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.

626
-
924
-
communal

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

3 752
-
5 535
-
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.

5 396
-
7 959
-
national
22 118
-
36 231
-
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.

3 380
-
4 987
-
total
35 272
-
55 636
-
Employer

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

71 942
-
106 109
-
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.

4 424
-
6 525
-
pensions

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

6 375
-
9 402
-
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.

935
-
1 380
-
unemployment

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

1 050
-
1 550
-
surtax
8 157
-
12 032
-
total
20 941
-
30 889
-
Corporate
44 117
137 000
-
-
income
8 823
27 400
-
-
surtax
176
548
-
-
total
8 999
27 948
-
-
Dividends
35 118
109 052
-
-
withholding

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

10 169
32 349
-
-
total
10 169
32 349
-
-
Income
137 000
137 000
137 000
137 000
Total tax
75 381
60 297
86 525
76 340
After tax
61 619
76 703
50 475
60 660
Living cost
36 671
36 671
36 671
36 671
Free-cash
24 948
40 032
13 804
23 989

Estimated living cost  is ₽36671 per week

₽23621
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3206
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9270
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55482
₽35739
₽40572
₽47891
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 000
accident
-
-
-
840
income
-
-
-
32 138
other
-
-
-
94
unemployment
-
-
-
653
pensions
-
-
-
26 381
total
-
-
-
60 106
Employee
50 064
-
107 281
-
other
50
-
94
-
unemployment
777
-
1 445
-
pensions
2 353
-
4 382
-
income
10 563
-
29 300
-
total
13 743
-
35 221
-
Employer
50 064
-
107 281
-
pensions
11 814
-
22 000
-
accident
991
-
1 846
-
unemployment
2 754
-
5 126
-
other
399
-
746
-
total
15 958
-
29 718
-
Corporate
70 979
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.

10 646
20 550
-
-
total
10 646
20 550
-
-
Dividends
60 332
116 450
-
-
withholding
12 440
24 646
-
-
total
12 440
24 646
-
-
Income
137 000
137 000
137 000
137 000
Total tax
52 787
45 196
64 939
60 106
After tax
84 213
91 804
72 061
76 894
Living cost
36 322
36 322
36 322
36 322
Free-cash
47 891
55 482
35 739
40 572

Estimated living cost  is ₽36322 per week

₽26747
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2577
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽523
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6474
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27497
₽23040
₽17574
₽16920
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
communal
-
-
-
8 659
accident
-
-
-
1 155
income
-
-
-
18 003
surtax
-
-
-
6 793
health
-
-
-
9 625
pensions
-
-
-
20 535
total
-
-
-
64 770
Employee
76 164
-
122 376
-
pensions
6 092
-
9 789
-
surtax
4 668
-
7 501
-
income
7 357
-
21 948
-
health
3 390
-
5 445
-
total
21 507
-
44 683
-
Employer
76 164
-
122 376
-
health
2 323
-
3 731
-
pensions
6 092
-
9 789
-
accident
685
-
1 101
-
total
9 100
-
14 621
-
Corporate
51 735
137 000
-
-
communal
3 493
9 247
-
-
income
7 760
20 550
-
-
surtax
544
1 439
-
-
total
11 797
31 236
-
-
Dividends
39 938
105 764
-
-
income
17 029
7 747
-
-
withholding
5 991
15 864
-
-
total
23 020
23 611
-
-
Income
137 000
137 000
137 000
137 000
Total tax
65 424
54 847
59 304
64 770
After tax
71 576
82 153
77 696
72 230
Living cost
54 656
54 656
54 656
54 656
Free-cash
16 920
27 497
23 040
17 574

Estimated living cost  is ₽54656 per week

₽41000
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3311
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽578
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9764
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63582
₽39790
₽42416
₽60382
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
31 055
other
-
-
-
-
surtax
-
-
-
4 334
unemployment
-
-
-
229
health
-
-
-
9 530
pensions
-
-
-
26 846
total
-
-
-
71 994
Employee
33 870
-
113 177
-
other
-
-
-
-
unemployment
2 357
-
7 877
-
pensions
2 260
-
7 548
-
surtax
120
-
3 920
-
income
5 678
-
28 566
-
health
865
-
2 886
-
total
11 280
-
50 797
-
Employer
33 870
-
113 177
-
health
1 540
-
5 149
-
pensions
4 516
-
15 086
-
unemployment
1 075
-
3 588
-
other
-
-
-
-
total
7 131
-
23 823
-
Corporate
95 999
137 000
-
-
income
24 961
35 620
-
-
total
24 961
35 620
-
-
Dividends
71 039
101 380
-
-
withholding
10 656
15 208
-
-
total
10 656
15 208
-
-
Income
137 000
137 000
137 000
137 000
Total tax
54 028
50 828
74 620
71 994
After tax
82 972
86 172
62 380
65 006
Living cost
22 590
22 590
22 590
22 590
Free-cash
60 382
63 582
39 790
42 416

Estimated living cost  is ₽22590 per week

₽13639
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1964
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.
₽6464
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44918
₽33659
₽40144
₽42682
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
2 066
municipal
-
-
-
815
national
-
-
-
31 646
total
-
-
-
69 763
Employee
55 790
-
137 000
-
municipal
296
-
727
-
national
8 839
-
27 482
-
regional
751
-
1 843
-
social contributions
18 813
-
46 196
-
total
28 699
-
76 248
-
Employer
55 790
-
137 000
-
total
-
-
-
-
Corporate
81 210
137 000
-
-
municipal
4 037
6 808
-
-
nationa
19 491
32 879
-
-
total
23 528
39 687
-
-
Dividends
57 682
97 313
-
-
withholding
14 998
25 302
-
-
total
14 998
25 302
-
-
Income
137 000
137 000
137 000
137 000
Total tax
67 225
64 989
76 248
69 763
After tax
69 775
72 011
60 752
67 237
Living cost
27 093
27 093
27 093
27 093
Free-cash
42 682
44 918
33 659
40 144

Estimated living cost  is ₽27093 per week

₽16849
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2745
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽464
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7035
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63526
₽38724
₽39362
₽52539
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 381
social contributions
-
-
-
35 964
solidarity contribution
-
-
-
-
health
-
-
-
18 495
total
-
-
-
66 840
Employee
45 291
-
102 239
-
solidarity contribution
-
-
-
-
social contributions
2 944
-
6 646
-
income
5 435
-
12 269
-
health
6 114
-
13 802
-
total
14 493
-
32 717
-
Employer
45 291
-
102 239
-
health
4 076
-
9 201
-
social contributions
11 323
-
25 560
-
total
15 399
-
34 761
-
Corporate
76 310
137 000
-
-
income
14 499
26 030
-
-
total
14 499
26 030
-
-
Dividends
61 811
110 970
-
-
withholding
9 272
16 646
-
-
total
9 272
16 646
-
-
Income
137 000
137 000
137 000
137 000
Total tax
53 663
42 676
67 478
66 840
After tax
83 337
94 324
69 522
70 160
Living cost
30 798
30 798
30 798
30 798
Free-cash
52 539
63 526
38 724
39 362

Estimated living cost  is ₽30798 per week

₽22903
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1706
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.
₽5656
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44208
₽4822
₽37451
₽43707
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
30 020
surtax
-
-
-
-
unemployment
-
-
-
6 169
chamber of commerce
-
-
-
548
health
-
-
-
8 988
pensions
-
-
-
21 737
total
-
-
-
67 462
Employee
43 964
40 080
106 382
-
other
439
401
1 063
-
unemployment
1 319
1 202
3 191
-
pensions
4 502
4 103
10 894
-
income
3 916
2 956
24 566
-
health
1 701
1 552
4 117
-
total
11 877
10 214
43 831
-
Employer
43 964
40 080
106 382
-
chamber of commerce
176
160
426
-
health
1 662
1 515
4 021
-
pensions
5 518
5 031
13 351
-
accident
571
521
1 384
-
unemployment
1 319
1 202
3 191
-
surtax
-
-
-
-
payroll
1 319
1 202
3 191
-
other
2 088
1 903
5 054
-
total
12 653
11 534
30 618
-
Corporate
80 384
85 384
102 565
-
income

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

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

20 096
21 346
25 642
-
total
20 096
21 346
25 642
-
Dividends
60 288
64 038
-
-
withholding
16 580
17 611
-
-
total
16 580
17 611
-
-
Income
137 000
137 000
137 000
137 000
Total tax
61 206
60 705
100 091
67 462
After tax
75 794
76 295
36 909
69 538
Living cost
32 087
32 087
32 087
32 087
Free-cash
43 707
44 208
4 822
37 451

Estimated living cost  is ₽32087 per week

₽19248
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3277
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.
₽8989
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽117466
₽96916
₽122946
₽115088
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
137 000
microenterprise

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

-
-
-
1 370
total
-
-
-
1 370
Employee
15 855
-
137 000
-
income
3 171
-
27 400
-
total
3 171
-
27 400
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

121 145
137 000
-
-
total
-
-
-
-
Dividends
121 145
137 000
-
-
withholding
6 057
6 850
-
-
total
6 057
6 850
-
-
Income
137 000
137 000
137 000
137 000
Total tax
9 228
6 850
27 400
1 370
After tax
127 772
130 150
109 600
135 630
Living cost
12 684
12 684
12 684
12 684
Free-cash
115 088
117 466
96 916
122 946

Estimated living cost  is ₽12684 per week

₽8583
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽532
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.
₽3142
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67350
₽38345
₽41972
₽58935
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
29 344
unemployment
-
-
-
206
health
-
-
-
13 482
pensions
-
-
-
25 020
total
-
-
-
68 052
Employee

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

44 474
-
118 544
-
unemployment
63
-
166
-
pensions
6 894
-
18 374
-
income
7 670
-
27 025
-
health
2 872
-
7 657
-
total
17 499
-
53 222
-
Employer

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

44 474
-
118 544
-
health
2 962
-
7 894
-
pensions
3 936
-
10 492
-
unemployment
27
-
71
-
total
6 925
-
18 457
-
Corporate
85 601
137 000
-
-
income
16 265
26 029
-
-
total
16 265
26 029
-
-
Dividends
69 336
110 971
-
-
withholding
10 400
16 645
-
-
total
10 400
16 645
-
-
Income
137 000
137 000
137 000
137 000
Total tax
51 089
42 674
71 679
68 052
After tax
85 911
94 326
65 321
68 948
Living cost
26 976
26 976
26 976
26 976
Free-cash
58 935
67 350
38 345
41 972

Estimated living cost  is ₽26976 per week

₽18513
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1729
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽523
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6212
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39348
₽79581
₽50675
-₽15057
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 000
income
-
-
-
26 704
social contributions
-
-
-
15 618
total
-
-
-
42 322
Employee
63 094
-
-
-
social contributions
5 174
-
737
-
income
13 917
-
-
-
total
19 091
-
737
-
Employer
63 094
-
-
-
social contributions
88 963
-
12 679
-
total
88 963
-
12 679
-
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
108 054
53 649
13 416
42 322
After tax
28 946
83 351
123 584
94 678
Living cost
44 003
44 003
44 003
44 003
Free-cash
-15 057
39 348
79 581
50 675

Estimated living cost  is ₽44003 per week

₽28551
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4138
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10753
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46378
₽34013
₽43184
₽45364
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
14 661
surtax
-
-
-
-
social contributions

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

-
-
-
47 608
total
-
-
-
62 269
Employee
46 257
-
110 707
-
surtax
-
-
-
-
social contributions
5 088
-
12 179
-
income
9 622
-
32 968
-
total
14 710
-
45 147
-
Employer
46 257
-
110 707
-
social contributions
10 986
-
26 293
-
total
10 986
-
26 293
-
Corporate
79 758
137 000
-
-
income
16 750
28 770
-
-
surtax
-
-
-
-
total
16 750
28 770
-
-
Dividends
63 008
108 230
-
-
withholding
17 643
30 305
-
-
total
17 643
30 305
-
-
Income
137 000
137 000
137 000
137 000
Total tax
60 089
59 075
71 440
62 269
After tax
76 911
77 925
65 560
74 731
Living cost
31 547
31 547
31 547
31 547
Free-cash
45 364
46 378
34 013
43 184

Estimated living cost  is ₽31547 per week

₽23604
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1861
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5556
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20472
₽31212
₽29278
₽27386
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
18 200
other
-
-
-
4 247
surtax
-
-
-
-
social contributions
-
-
-
3 905
health
-
-
-
4 539
pensions
-
-
-
28 255
total
-
-
-
59 146
Employee
62 992
-
108 400
-
pensions
7 125
-
6 554
-
surtax
-
-
-
-
social contributions
1 794
-
3 088
-
income
5 496
-
18 969
-
total
14 415
-
28 611
-
Employer
62 992
-
108 400
-
health
4 409
-
8 867
-
pensions
10 350
-
11 210
-
unemployment
2 552
-
4 390
-
social contributions
189
-
324
-
other
2 174
-
3 810
-
total
19 674
-
28 601
-
Corporate
54 334
137 000
-
-
income
15 213
38 361
-
-
surtax
-
-
-
-
total
15 213
38 361
-
-
Dividends
39 121
98 639
-
-
surtax
-
-
-
-
social contributions
6 728
16 966
-
-
withholding
5 008
12 625
-
-
total
11 736
29 591
-
-
Income
137 000
137 000
137 000
137 000
Total tax
61 038
67 952
57 212
59 146
After tax
75 962
69 048
79 788
77 854
Living cost
48 576
48 576
48 576
48 576
Free-cash
27 386
20 472
31 212
29 278

Estimated living cost  is ₽48576 per week

₽32876
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3974
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽666
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11060
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93068
₽75691
₽72048
₽89690
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 000
income
-
-
-
4 579
social contributions
-
-
-
30 141
total
-
-
-
34 720
Employee
32 334
-
118 615
-
income
-
-
4 983
-
social contributions
2 101
-
7 709
-
total
2 101
-
12 692
-
Employer
32 334
-
118 615
-
social contributions
5 012
-
18 385
-
total
5 012
-
18 385
-
Corporate
99 654
137 000
-
-
income
9 965
13 700
-
-
total
9 965
13 700
-
-
Dividends
89 690
123 300
-
-
total
-
-
-
-
Income
137 000
137 000
137 000
137 000
Total tax
17 078
13 700
31 077
34 720
After tax
119 922
123 300
105 923
102 280
Living cost
30 232
30 232
30 232
30 232
Free-cash
89 690
93 068
75 691
72 048

Estimated living cost  is ₽30232 per week

₽19548
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2279
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7837
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽82026
-₽82026
₽34701
-₽82026
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 890
municipal
-
-
-
27 348
national
-
-
-
14 776
pensions
-
-
-
871
total
-
-
-
53 885
Employee
204 345
204 345
204 345
-
municipal
43 514
43 514
43 514
-
labour market
16 324
16 324
16 324
-
pensions
290
290
290
-
national
24 964
24 964
24 964
-
total
85 092
85 092
85 092
-
Employer
204 345
204 345
204 345
-
national
25 008
25 008
25 008
-
labour market
16 348
16 348
16 348
-
pensions
581
581
581
-
municipal
43 583
43 583
43 583
-
total
85 520
85 520
85 520
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
137 000
137 000
137 000
137 000
Total tax
170 612
170 612
170 612
53 885
After tax
-33 612
-33 612
-33 612
83 115
Living cost
48 414
48 414
48 414
48 414
Free-cash
-82 026
-82 026
-82 026
34 701

Estimated living cost  is ₽48414 per week

₽33135
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4283
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽745
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10252
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10973
₽50858
₽71737
₽7711
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 000
accident
-
-
-
257
income
-
-
-
36 102
other
-
-
-
377
health
-
-
-
2 221
pensions
-
-
-
4 236
total
-
-
-
43 193
Employee
34 717
-
120 806
-
pensions
3 909
-
7 768
-
income
4 763
-
26 277
-
health
3 975
-
13 832
-
total
12 647
-
47 877
-
Employer
34 717
-
120 806
-
pensions
5 645
-
11 218
-
accident
580
-
2 017
-
unemployment
851
-
2 960
-
total
7 076
-
16 195
-
Corporate
95 207
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.

85 687
123 300
-
-
total
85 687
123 300
-
-
Dividends
9 521
13 700
-
-
withholding
1 809
2 603
-
-
total
1 809
2 603
-
-
Income
137 000
137 000
137 000
137 000
Total tax
107 219
125 903
64 072
43 193
After tax
29 781
11 097
72 928
93 807
Living cost
22 070
22 070
22 070
22 070
Free-cash
7 711
-10 973
50 858
71 737

Estimated living cost  is ₽22070 per week

₽16064
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1258
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽414
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4333
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49697
₽35808
₽54593
₽50626
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 689
municipal
-
-
-
24 356
national
-
-
-
17 749
total
-
-
-
43 794
Employee
52 914
-
115 252
-
municipal
8 667
-
18 790
-
unemployment
794
-
1 729
-
pensions
3 571
-
7 779
-
national
874
-
11 178
-
health
395
-
1 355
-
total
14 301
-
40 831
-
Employer
52 914
-
115 252
-
health
407
-
887
-
pensions
9 180
-
19 996
-
accident
53
-
115
-
unemployment
344
-
750
-
total
9 984
-
21 748
-
Corporate
74 102
137 000
-
-
income
14 820
27 400
-
-
total
14 820
27 400
-
-
Dividends

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

44 461
82 200
-
-
municipal
8 003
14 795
-
-
national
653
6 495
-
-
total
8 656
21 290
-
-
Income
137 000
137 000
137 000
137 000
Total tax
47 761
48 690
62 579
43 794
After tax
89 239
88 310
74 421
93 206
Living cost
38 613
38 613
38 613
38 613
Free-cash
50 626
49 697
35 808
54 593

Estimated living cost  is ₽38613 per week

₽25222
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3714
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽615
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9064
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76788
₽71053
₽72364
₽71315
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
21 584
social contributions
-
-
-
16 273
health
-
-
-
3 493
total
-
-
-
41 350
Employee
77 337
77 337
126 012
-
social contributions
2 924
6 419
8 657
-
income
8 421
7 159
20 876
-
health
599
1 315
2 141
-
total
11 944
14 893
31 674
-
Employer
77 337
77 337
126 012
-
health
651
1 431
2 330
-
social contributions
2 924
6 419
8 657
-
total
3 575
7 850
10 987
-
Corporate
98 195
51 813
-
-
income
12 274
6 476
-
-
total
12 274
6 476
-
-
Dividends
85 921
45 337
-
-
withholding
14 606
7 707
-
-
total
14 606
7 707
-
-
Income
137 000
137 000
137 000
137 000
Total tax
42 399
36 926
42 661
41 350
After tax
94 601
100 074
94 339
95 650
Living cost
23 286
23 286
23 286
23 286
Free-cash
71 315
76 788
71 053
72 364

Estimated living cost  is ₽23286 per week

₽13956
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2285
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6531
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97481
₽77186
₽97358
₽92365
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
13 607
unemployment
-
-
-
29
health
-
-
-
3 640
pensions
-
-
-
6 398
total
-
-
-
23 674
Employee

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

23 085
-
127 171
-
unemployment
115
-
477
-
pensions
3 462
-
14 314
-
income
1 578
-
11 114
-
health
1 962
-
8 112
-
total
7 117
-
34 017
-
Employer

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

23 085
-
127 171
-
health
992
-
4 103
-
pensions
1 269
-
5 249
-
unemployment
115
-
477
-
total
2 376
-
9 829
-
Corporate
111 538
137 000
-
-
income
10 039
12 330
-
-
total
10 039
12 330
-
-
Dividends
101 499
124 670
-
-
withholding
9 135
11 221
-
-
total
9 135
11 221
-
-
Income
137 000
137 000
137 000
137 000
Total tax
28 667
23 551
43 846
23 674
After tax
108 333
113 449
93 154
113 326
Living cost
15 968
15 968
15 968
15 968
Free-cash
92 365
97 481
77 186
97 358

Estimated living cost  is ₽15968 per week

₽10188
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1151
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4153
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64147
₽44404
₽49237
₽59291
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 000
accident
-
-
-
840
income
-
-
-
32 138
other
-
-
-
94
unemployment
-
-
-
653
pensions
-
-
-
26 381
total
-
-
-
60 106
Employee
37 188
-
107 281
-
other
36
-
94
-
unemployment
576
-
1 445
-
pensions
1 748
-
4 382
-
income
7 170
-
29 300
-
total
9 530
-
35 221
-
Employer
37 188
-
107 281
-
pensions
8 776
-
22 000
-
accident
737
-
1 846
-
unemployment
2 046
-
5 126
-
other
298
-
746
-
total
11 857
-
29 718
-
Corporate
87 955
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.

13 194
20 550
-
-
total
13 194
20 550
-
-
Dividends
74 761
116 450
-
-
withholding
15 471
24 646
-
-
total
15 471
24 646
-
-
Income
137 000
137 000
137 000
137 000
Total tax
50 052
45 196
64 939
60 106
After tax
86 948
91 804
72 061
76 894
Living cost
27 657
27 657
27 657
27 657
Free-cash
59 291
64 147
44 404
49 237

Estimated living cost  is ₽27657 per week

₽18668
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2659
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.
₽5846
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83529
₽85801
₽85940
₽83208
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
46 636
health
-
-
-
1 036
pensions
-
-
-
1 429
total
-
-
-
49 101
Employee
2 983
-
135 393
-
unemployment
30
-
71
-
pensions
268
-
643
-
income
577
-
46 561
-
health
149
-
357
-
total
1 024
-
47 632
-
Employer
2 983
-
135 393
-
health
283
-
679
-
pensions
328
-
786
-
unemployment
60
-
143
-
total
671
-
1 608
-
Corporate
133 346
137 000
-
-
income
29 336
30 140
-
-
total
29 336
30 140
-
-
Dividends
104 010
106 860
-
-
withholding
20 802
21 372
-
-
total
20 802
21 372
-
-
Income
137 000
137 000
137 000
137 000
Total tax
51 833
51 512
49 240
49 101
After tax
85 167
85 488
87 760
87 899
Living cost
1 959
1 959
1 959
1 959
Free-cash
83 208
83 529
85 801
85 940

Estimated living cost  is ₽1959 per week

₽1164
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽159
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽45
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽591
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81589
₽61463
₽61462
₽76640
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
30 049
unemployment
-
-
-
1 115
health
-
-
-
7 656
pensions
-
-
-
19 325
total
-
-
-
58 145
Employee

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

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

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

26 227
-
123 696
-
unemployment
197
-
557
-
pensions
3 672
-
10 406
-
income
3 615
-
30 049
-
health
1 351
-
3 828
-
total
8 835
-
44 840
-
Employer

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

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

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

26 227
-
123 696
-
health
1 351
-
3 828
-
pensions
3 147
-
8 919
-
unemployment
197
-
557
-
total
4 695
-
13 304
-
Corporate
106 078
137 000
-
-
income
15 912
20 550
-
-
total
15 912
20 550
-
-
Dividends
90 166
116 450
-
-
withholding
13 525
17 468
-
-
total
13 525
17 468
-
-
Income
137 000
137 000
137 000
137 000
Total tax
42 967
38 018
58 144
58 145
After tax
94 033
98 982
78 856
78 855
Living cost
17 393
17 393
17 393
17 393
Free-cash
76 640
81 589
61 463
61 462

Estimated living cost  is ₽17393 per week

₽11711
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1345
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3834
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50811
₽38446
₽47617
₽50451
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
14 661
surtax
-
-
-
-
social contributions

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

-
-
-
47 608
total
-
-
-
62 269
Employee
39 035
-
110 707
-
surtax
-
-
-
-
social contributions
4 294
-
12 179
-
income
7 627
-
32 968
-
total
11 921
-
45 147
-
Employer
39 035
-
110 707
-
social contributions
9 270
-
26 293
-
total
9 270
-
26 293
-
Corporate
88 695
137 000
-
-
income
18 626
28 770
-
-
surtax
-
-
-
-
total
18 626
28 770
-
-
Dividends
70 069
108 230
-
-
withholding
19 618
30 305
-
-
total
19 618
30 305
-
-
Income
137 000
137 000
137 000
137 000
Total tax
59 435
59 075
71 440
62 269
After tax
77 565
77 925
65 560
74 731
Living cost
27 114
27 114
27 114
27 114
Free-cash
50 451
50 811
38 446
47 617

Estimated living cost  is ₽27114 per week

₽19204
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1884
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.
₽5546
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56458
₽36715
₽41548
₽49207
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 000
accident
-
-
-
840
income
-
-
-
32 138
other
-
-
-
94
unemployment
-
-
-
653
pensions
-
-
-
26 381
total
-
-
-
60 106
Employee
48 573
-
107 281
-
other
48
-
94
-
unemployment
752
-
1 445
-
pensions
2 283
-
4 382
-
income
10 145
-
29 300
-
total
13 228
-
35 221
-
Employer
48 573
-
107 281
-
pensions
11 463
-
22 000
-
accident
962
-
1 846
-
unemployment
2 672
-
5 126
-
other
389
-
746
-
total
15 486
-
29 718
-
Corporate
72 941
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.

10 942
20 550
-
-
total
10 942
20 550
-
-
Dividends
61 999
116 450
-
-
withholding
12 791
24 646
-
-
total
12 791
24 646
-
-
Income
137 000
137 000
137 000
137 000
Total tax
52 447
45 196
64 939
60 106
After tax
84 553
91 804
72 061
76 894
Living cost
35 346
35 346
35 346
35 346
Free-cash
49 207
56 458
36 715
41 548

Estimated living cost  is ₽35346 per week

₽25384
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2748
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽498
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6716
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99810
₽94670
₽89732
₽93673
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
20 550
unemployment
-
-
-
141
health
-
-
-
4 046
pensions

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

-
-
-
5 206
total
-
-
-
29 943
Employee
22 941
-
130 098
-
accident

We are using the highest rate at 1.1%.

252
-
387
-
pensions

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

2 014
-
3 089
-
income
2 294
-
13 009
-
health
1 055
-
1 618
-
total
5 615
-
18 103
-
Employer
22 941
-
130 098
-
health
1 583
-
2 427
-
pensions

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

2 528
-
3 877
-
accident

We are using the highest rate at 1.1%.

252
-
387
-
unemployment
138
-
211
-
total
4 501
-
6 902
-
Corporate
109 558
137 000
-
-
income
10 956
13 700
-
-
total
10 956
13 700
-
-
Dividends
98 602
123 300
-
-
withholding
4 930
6 165
-
-
total
4 930
6 165
-
-
Income
137 000
137 000
137 000
137 000
Total tax
26 002
19 865
25 005
29 943
After tax
110 998
117 135
111 995
107 057
Living cost
17 325
17 325
17 325
17 325
Free-cash
93 673
99 810
94 670
89 732

Estimated living cost  is ₽17325 per week

₽11459
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽992
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽413
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4462
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sofia model

Close
Berlin , Germany
₽31743
₽51321
₽38371
₽44902
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income

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

-
-
-
37 895
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.

-
-
-
2 084
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.

-
-
-
6 871
trade
-
-
-
12 950
total
-
-
-
59 800
Employee

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

50 042
-
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.

227
-
2 084
-
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.

4 115
-
37 895
-
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.

6 871
-
6 871
-
total
11 213
-
46 850
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
86 958
137 000
-
-
income
13 043
20 550
-
-
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.

718
1 130
-
-
chamber of commerce
281
353
-
-
trade
12 478
19 660
-
-
total
26 520
41 693
-
-
Dividends
60 438
95 307
-
-
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.

809
1 290
-
-
withholding
14 727
23 445
-
-
total
15 536
24 735
-
-
Income
137 000
137 000
137 000
137 000
Total tax
53 269
66 428
46 850
59 800
After tax
83 731
70 572
90 150
77 200
Living cost
38 829
38 829
38 829
38 829
Free-cash
44 902
31 743
51 321
38 371

Estimated living cost  is ₽38829 per week

₽26785
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4178
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.
₽7302
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38606
₽19607
₽19607
₽40829
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
38 176
social contributions
-
-
-
21 925
total
-
-
-
60 101
Employee
78 672
-
137 000
-
income
14 845
-
38 176
-
social contributions
6 536
-
21 925
-
total
21 381
-
60 101
-
Employer
78 672
-
137 000
-
total
-
-
-
-
Corporate
58 328
137 000
-
-
income
7 291
17 126
-
-
total
7 291
17 126
-
-
Dividends
51 037
119 874
-
-
withholding
10 207
23 976
-
-
total
10 207
23 976
-
-
Income
137 000
137 000
137 000
137 000
Total tax
38 879
41 102
60 101
60 101
After tax
98 121
95 898
76 899
76 899
Living cost
57 292
57 292
57 292
57 292
Free-cash
40 829
38 606
19 607
19 607

Estimated living cost  is ₽57292 per week

₽43587
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4668
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8489
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47227
₽63353
₽65785
₽50741
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 629
health

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

-
-
-
6 077
total
-
-
-
34 706
Employee
46 138
-
132 374
-
income
5 006
-
27 886
-
social contributions
4 623
-
4 626
-
total
9 629
-
32 512
-
Employer
46 138
-
132 374
-
social contributions
4 623
-
4 626
-
total
4 623
-
4 626
-
Corporate
86 240
137 000
-
-
income
30 184
47 950
-
-
total
30 184
47 950
-
-
Dividends
56 055
89 050
-
-
social contributions
5 314
5 314
-
-
total
5 314
5 314
-
-
Income
137 000
137 000
137 000
137 000
Total tax
49 750
53 264
37 138
34 706
After tax
87 250
83 736
99 862
102 294
Living cost
36 509
36 509
36 509
36 509
Free-cash
50 741
47 227
63 353
65 785

Estimated living cost  is ₽36509 per week

₽24048
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2878
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9022
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56762
₽44033
₽56652
₽59873
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
35 002
pensions
-
-
-
8 213
total
-
-
-
43 215
Employee
50 971
-
120 038
-
pensions
3 890
-
10 388
-
income
9 282
-
26 592
-
health
665
-
1 892
-
total
13 837
-
38 872
-
Employer
50 971
-
120 038
-
health
969
-
2 281
-
pensions
5 150
-
14 681
-
total
6 119
-
16 962
-
Corporate
79 911
137 000
-
-
income

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

15 183
26 030
-
-
total
15 183
26 030
-
-
Dividends
64 728
110 970
-
-
withholding
4 855
17 075
-
-
total
4 855
17 075
-
-
Income
137 000
137 000
137 000
137 000
Total tax
39 994
43 105
55 834
43 215
After tax
97 006
93 895
81 166
93 785
Living cost
37 133
37 133
37 133
37 133
Free-cash
59 873
56 762
44 033
56 652

Estimated living cost  is ₽37133 per week

₽25473
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3415
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7778
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽13158
₽48673
₽69552
₽7376
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 000
accident
-
-
-
257
income
-
-
-
36 102
other
-
-
-
377
health
-
-
-
2 221
pensions
-
-
-
4 236
total
-
-
-
43 193
Employee
38 154
-
120 806
-
pensions
4 296
-
7 768
-
income
5 234
-
26 277
-
health
4 368
-
13 832
-
total
13 898
-
47 877
-
Employer
38 154
-
120 806
-
pensions
6 204
-
11 218
-
accident
637
-
2 017
-
unemployment
935
-
2 960
-
total
7 776
-
16 195
-
Corporate
91 071
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.

81 964
123 300
-
-
total
81 964
123 300
-
-
Dividends
9 107
13 700
-
-
withholding
1 731
2 603
-
-
total
1 731
2 603
-
-
Income
137 000
137 000
137 000
137 000
Total tax
105 369
125 903
64 072
43 193
After tax
31 631
11 097
72 928
93 807
Living cost
24 255
24 255
24 255
24 255
Free-cash
7 376
-13 158
48 673
69 552

Estimated living cost  is ₽24255 per week

₽17800
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1413
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4552
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽101697
₽79310
₽63756
₽96989
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
21 980
unemployment
-
-
-
1 644
work injury
-
-
-
685
health insurance
-
-
-
10 138
pensions
-
-
-
25 208
total
-
-
-
59 655
Employee

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

21 742
-
137 000
-
health insurance
1 609
-
5 953
-
unemployment
261
-
965
-
work injury
109
-
402
-
pensions
4 000
-
14 801
-
income
2 174
-
21 980
-
total
8 153
-
44 101
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
115 258
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%.

1 153
1 370
-
-
total
1 153
1 370
-
-
Dividends
114 106
135 630
-
-
withholding
17 116
20 344
-
-
total
17 116
20 344
-
-
Income
137 000
137 000
137 000
137 000
Total tax
26 422
21 714
44 101
59 655
After tax
110 578
115 286
92 899
77 345
Living cost
13 589
13 589
13 589
13 589
Free-cash
96 989
101 697
79 310
63 756

Estimated living cost  is ₽13589 per week

₽8418
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽987
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽424
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3759
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32096
₽19798
₽26063
₽27521
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
3 072
municipal
-
-
-
916
national
-
-
-
31 646
total
-
-
-
70 870
Employee
84 751
-
137 000
-
municipal
506
-
817
-
national
14 322
-
27 482
-
regional
1 280
-
2 640
-
social contributions
28 577
-
46 196
-
total
44 685
-
77 135
-
Employer
84 751
-
137 000
-
total
-
-
-
-
Corporate
52 249
137 000
-
-
municipal
2 519
6 604
-
-
nationa
12 539
32 879
-
-
total
15 058
39 483
-
-
Dividends
37 191
97 517
-
-
withholding
9 669
25 354
-
-
total
9 669
25 354
-
-
Income
137 000
137 000
137 000
137 000
Total tax
69 412
64 837
77 135
70 870
After tax
67 588
72 163
59 865
66 130
Living cost
40 067
40 067
40 067
40 067
Free-cash
27 521
32 096
19 798
26 063

Estimated living cost  is ₽40067 per week

₽28144
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2756
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽605
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8560
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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