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
₽50797
₽40241
₽60535
₽45947
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
14 588
income

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

-
-
-
38 899
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.

-
-
-
6 520
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.

-
-
-
2 139
total
-
-
-
62 146
Employee

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

36 503
-
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.

56
-
2 139
-
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.

6 520
-
6 520
-
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.

1 020
-
38 899
-
total
7 596
-
47 558
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
100 497
137 000
-
-
trade
15 829
21 578
-
-
income
15 074
20 551
-
-
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.

829
1 130
-
-
chamber of commerce
290
342
-
-
total
32 022
43 601
-
-
Dividends
68 475
93 399
-
-
withholding
16 756
22 987
-
-
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.

922
1 264
-
-
total
17 678
24 251
-
-
Income
137 000
137 000
137 000
137 000
Total tax
57 296
67 852
47 558
62 146
After tax
79 704
69 148
89 442
74 854
Living cost
28 907
28 907
28 907
28 907
Free-cash
50 797
40 241
60 535
45 947

Estimated living cost  is ₽28907 per week

₽18184
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3370
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6813
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35499
₽36317
₽33338
₽32263
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 000
social contributions
-
-
-
1 473
pensions
-
-
-
16 440
municipal
-
-
-
14 768
national
-
-
-
22 885
total
-
-
-
55 566
Employee
76 224
-
118 435
-
national
14 589
-
23 707
-
municipal
9 415
-
15 299
-
pensions
3 049
-
4 737
-
total
27 053
-
43 743
-
Employer
76 224
-
118 435
-
pensions
6 098
-
9 475
-
social contributions
819
-
1 273
-
total
6 917
-
10 748
-
Corporate
48 828
137 000
-
-
income

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

9 766
27 400
-
-
total
9 766
27 400
-
-
Dividends
39 062
109 600
-
-
withholding
8 594
24 112
-
-
total
8 594
24 112
-
-
Income
137 000
137 000
137 000
137 000
Total tax
52 330
51 512
54 491
55 566
After tax
84 670
85 488
82 509
81 434
Living cost
49 171
49 171
49 171
49 171
Free-cash
35 499
36 317
33 338
32 263

Estimated living cost  is ₽49171 per week

₽33421
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4571
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽736
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10443
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81918
₽89745
₽56892
₽23631
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
137 000
social contributions

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

-
-
-
36 566
income
-
-
-
22 014
microenterprise
-
-
-
-
surtax
-
-
-
34 934
total
-
-
-
93 514
Employee
27 887
-
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.

3 068
-
12 145
-
income
4 964
-
21 512
-
total
8 032
-
33 657
-
Employer
27 887
-
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.

6 717
-
26 596
-
surtax
-
-
-
-
total
6 717
-
26 596
-
Corporate
102 395
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%.

20 478
27 400
-
-
total
20 478
27 400
-
-
Dividends

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

81 917
109 600
-
-
total
-
-
-
-
Income
137 000
137 000
137 000
137 000
Total tax
35 227
27 400
60 253
93 514
After tax
101 773
109 600
76 747
43 486
Living cost
19 855
19 855
19 855
19 855
Free-cash
81 918
89 745
56 892
23 631

Estimated living cost  is ₽19855 per week

₽12667
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1891
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4847
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21539
₽27384
₽42237
₽37818
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 000
income
-
-
-
36 251
pensions
-
-
-
11 182
health
-
-
-
11 769
total
-
-
-
59 202
Employee
81 500
81 500
119 264
-
health
12 509
10 640
11 769
-
pensions
14 670
11 182
11 182
-
income

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

13 340
13 340
14 095
-
total
40 519
35 162
37 046
-
Employer
81 500
81 500
119 264
-
pensions
5 672
5 672
7 051
-
unemployment
2 934
2 934
3 646
-
health
5 665
5 665
7 040
-
total
14 271
14 271
17 737
-
Corporate
42 228
41 229
-
-
income
8 445
8 246
-
-
total
8 445
8 246
-
-
Dividends
33 783
32 983
-
-
withholding
5 067
4 948
-
-
income
7 179
7 009
-
-
total
12 246
11 957
-
-
Income
137 000
137 000
137 000
137 000
Total tax
75 481
69 636
54 783
59 202
After tax
61 519
67 364
82 217
77 798
Living cost
39 980
39 980
39 980
39 980
Free-cash
21 539
27 384
42 237
37 818

Estimated living cost  is ₽39980 per week

₽28333
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3604
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽636
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7407
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33983
₽34879
₽31551
₽32626
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 167
unemployment
-
-
-
88
pensions
-
-
-
9 459
municipal
-
-
-
33 295
accident
-
-
-
175
national
-
-
-
5 807
health
-
-
-
5 460
total
-
-
-
64 451
Employee
56 887
-
109 508
-
national
-
-
5 379
-
municipal
16 964
-
32 655
-
total
16 964
-
38 034
-
Employer
56 887
-
109 508
-
other
6 610
-
10 167
-
accident
114
-
175
-
pensions
6 149
-
9 459
-
unemployment
1 502
-
2 310
-
health
3 499
-
5 381
-
total
17 874
-
27 492
-
Corporate
62 239
137 000
-
-
income
13 692
30 140
-
-
total
13 692
30 140
-
-
Dividends
48 546
106 860
-
-
withholding
14 564
32 058
-
-
total
14 564
32 058
-
-
Income
137 000
137 000
137 000
137 000
Total tax
63 094
62 198
65 526
64 451
After tax
73 906
74 802
71 474
72 549
Living cost
39 923
39 923
39 923
39 923
Free-cash
33 983
34 879
31 551
32 626

Estimated living cost  is ₽39923 per week

₽26460
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3918
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽606
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8940
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44361
₽30952
₽51950
₽36713
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
15 237
income

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

-
-
-
38 899
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.

-
-
-
6 520
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.

-
-
-
2 139
total
-
-
-
62 795
Employee

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

48 398
-
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.

228
-
2 139
-
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.

6 520
-
6 520
-
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.

4 158
-
38 899
-
total
10 906
-
47 558
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
88 602
137 000
-
-
trade
14 576
22 536
-
-
income
13 290
20 551
-
-
surtax

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

732
1 130
-
-
chamber of commerce
272
340
-
-
total
28 870
44 557
-
-
Dividends
59 733
92 443
-
-
withholding
14 570
22 748
-
-
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.

801
1 251
-
-
total
15 371
23 999
-
-
Income
137 000
137 000
137 000
137 000
Total tax
55 147
68 556
47 558
62 795
After tax
81 853
68 444
89 442
74 205
Living cost
37 492
37 492
37 492
37 492
Free-cash
44 361
30 952
51 950
36 713

Estimated living cost  is ₽37492 per week

₽25075
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3954
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽560
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7904
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65130
₽69089
₽62952
₽64242
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 000
social contributions
-
-
-
15 442
income
-
-
-
22 867
health
-
-
-
3 494
total
-
-
-
41 803
Employee
73 387
73 387
126 445
-
health
730
1 248
2 150
-
social contributions
3 566
6 091
8 215
-
income
7 706
6 793
22 173
-
total
12 002
14 132
32 538
-
Employer
73 387
73 387
126 445
-
social contributions
3 566
6 091
8 215
-
health
795
1 358
2 340
-
total
4 361
7 449
10 555
-
Corporate
89 681
56 164
-
-
income
11 211
7 020
-
-
total
11 211
7 020
-
-
Dividends
78 471
49 144
-
-
withholding
13 341
8 355
-
-
total
13 341
8 355
-
-
Income
137 000
137 000
137 000
137 000
Total tax
40 915
36 956
43 093
41 803
After tax
96 085
100 044
93 907
95 197
Living cost
30 955
30 955
30 955
30 955
Free-cash
65 130
69 089
62 952
64 242

Estimated living cost  is ₽30955 per week

₽21161
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2418
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6857
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59642
₽59274
₽61660
₽77148
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

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

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

The minimum wage is 138,000 HUF per month.

25 636
10 203
114 644
-
unemployment
385
153
1 720
-
health
1 795
714
8 025
-
pensions
2 564
1 020
11 464
-
income
3 134
1 247
14 015
-
total
7 878
3 134
35 224
-
Employer

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

The minimum wage is 138,000 HUF per month.

25 636
10 203
114 644
-
pensions
4 999
1 990
22 356
-
total
4 999
1 990
22 356
-
Corporate
106 365
124 808
-
-
income
9 573
11 233
-
-
total
9 573
11 233
-
-
Dividends
96 792
113 575
-
-
withholding
18 390
21 579
-
-
social contributions
18 758
22 031
-
-
total
37 148
43 610
-
-
Income
137 000
137 000
137 000
137 000
Total tax
59 598
59 967
57 580
42 093
After tax
77 402
77 033
79 420
94 907
Living cost
17 760
17 760
17 760
17 760
Free-cash
59 642
59 274
61 660
77 148

Estimated living cost  is ₽17760 per week

₽12119
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1453
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽355
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3832
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80620
₽86548
₽55911
₽50381
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
18 357
pensions
-
-
-
27 400
health
-
-
-
17 810
total
-
-
-
63 567
Employee
27 074
-
102 392
-
unemployment
433
-
1 639
-
pensions
542
-
2 048
-
income
3 048
-
19 741
-
total
4 023
-
23 428
-
Employer
27 074
-
102 392
-
pensions
5 415
-
20 478
-
unemployment
217
-
819
-
health
3 519
-
13 312
-
total
9 151
-
34 609
-
Corporate
100 774
137 000
-
-
income
20 154
27 400
-
-
total
20 154
27 400
-
-
Dividends
80 620
109 600
-
-
total
-
-
-
-
Income
137 000
137 000
137 000
137 000
Total tax
33 328
27 400
58 037
63 567
After tax
103 672
109 600
78 963
73 433
Living cost
23 052
23 052
23 052
23 052
Free-cash
80 620
86 548
55 911
50 381

Estimated living cost  is ₽23052 per week

₽15811
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1373
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.
₽5404
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7801
-₽10376
₽51715
₽72307
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
362
income
-
-
-
36 422
pensions
-
-
-
4 061
accident
-
-
-
246
health
-
-
-
2 129
total
-
-
-
43 220
Employee
33 778
-
121 251
-
health
3 868
-
13 883
-
pensions
3 804
-
7 447
-
income
4 634
-
26 733
-
total
12 306
-
48 063
-
Employer
33 778
-
121 251
-
accident
564
-
2 025
-
pensions
5 493
-
10 753
-
unemployment
828
-
2 971
-
total
6 885
-
15 749
-
Corporate
96 338
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.

86 704
123 300
-
-
total
86 704
123 300
-
-
Dividends
9 634
13 700
-
-
withholding
1 831
2 603
-
-
total
1 831
2 603
-
-
Income
137 000
137 000
137 000
137 000
Total tax
107 726
125 903
63 812
43 220
After tax
29 274
11 097
73 188
93 780
Living cost
21 473
21 473
21 473
21 473
Free-cash
7 801
-10 376
51 715
72 307

Estimated living cost  is ₽21473 per week

₽15738
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1190
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4098
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽120853
₽122320
₽101770
₽127800
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
137 000
microenterprise

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

-
-
-
1 370
total
-
-
-
1 370
Employee
9 788
-
137 000
-
income
1 957
-
27 400
-
total
1 957
-
27 400
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

127 212
137 000
-
-
total
-
-
-
-
Dividends
127 212
137 000
-
-
withholding
6 360
6 850
-
-
total
6 360
6 850
-
-
Income
137 000
137 000
137 000
137 000
Total tax
8 317
6 850
27 400
1 370
After tax
128 683
130 150
109 600
135 630
Living cost
7 830
7 830
7 830
7 830
Free-cash
120 853
122 320
101 770
127 800

Estimated living cost  is ₽7830 per week

₽4853
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽651
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽215
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2112
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68779
₽75225
₽52961
₽47298
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 000
other
-
-
-
6 507
income
-
-
-
18 857
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.

-
-
-
32 881
health
-
-
-
6 027
total
-
-
-
64 272
Employee
34 652
-
109 424
-
unemployment
346
-
1 094
-
health
485
-
1 532
-
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.

2 425
-
7 661
-
income
5 966
-
20 746
-
total
9 222
-
31 033
-
Employer
34 652
-
109 424
-
other
1 733
-
5 471
-
accident
277
-
875
-
pensions

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

5 892
-
18 604
-
unemployment
346
-
1 094
-
health
485
-
1 532
-
total
8 733
-
27 576
-
Corporate
93 614
137 000
-
-
income
19 660
28 769
-
-
total
19 660
28 769
-
-
Dividends
73 955
108 231
-
-
withholding
5 176
7 576
-
-
total
5 176
7 576
-
-
Income
137 000
137 000
137 000
137 000
Total tax
42 791
36 345
58 609
64 272
After tax
94 209
100 655
78 391
72 728
Living cost
25 430
25 430
25 430
25 430
Free-cash
68 779
75 225
52 961
47 298

Estimated living cost  is ₽25430 per week

₽17968
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1717
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽409
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5336
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26080
₽29425
₽17034
₽29604
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
35 936
pensions
-
-
-
7 939
total
-
-
-
43 875
Employee
89 873
-
119 956
-
health
1 481
-
1 858
-
pensions
8 670
-
9 986
-
income
16 201
-
27 557
-
total
26 352
-
39 401
-
Employer
89 873
-
119 956
-
pensions
10 611
-
14 764
-
health
1 707
-
2 280
-
total
12 318
-
17 044
-
Corporate
34 809
137 000
-
-
income

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

6 614
26 030
-
-
total
6 614
26 030
-
-
Dividends
28 195
110 970
-
-
withholding
2 115
18 024
-
-
total
2 115
18 024
-
-
Income
137 000
137 000
137 000
137 000
Total tax
47 399
44 054
56 445
43 875
After tax
89 601
92 946
80 555
93 125
Living cost
63 521
63 521
63 521
63 521
Free-cash
26 080
29 425
17 034
29 604

Estimated living cost  is ₽63521 per week

₽47598
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7463
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7944
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽100138
₽104584
₽100002
₽94971
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 000
unemployment
-
-
-
134
income
-
-
-
20 550
pensions

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

-
-
-
4 949
health
-
-
-
3 845
total
-
-
-
29 478
Employee
16 619
-
130 440
-
accident

We are using the highest rate at 1.1%.

183
-
368
-
health
764
-
1 538
-
pensions

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

1 459
-
2 936
-
income
1 662
-
13 044
-
total
4 068
-
17 886
-
Employer
16 619
-
130 440
-
accident

We are using the highest rate at 1.1%.

183
-
368
-
pensions

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

1 832
-
3 685
-
unemployment
99
-
201
-
health
1 147
-
2 307
-
total
3 261
-
6 561
-
Corporate
117 120
137 000
-
-
income
11 712
13 700
-
-
total
11 712
13 700
-
-
Dividends
105 408
123 300
-
-
withholding
5 270
6 165
-
-
total
5 270
6 165
-
-
Income
137 000
137 000
137 000
137 000
Total tax
24 311
19 865
24 447
29 478
After tax
112 689
117 135
112 553
107 522
Living cost
12 551
12 551
12 551
12 551
Free-cash
100 138
104 584
100 002
94 971

Estimated living cost  is ₽12551 per week

₽7327
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽896
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽333
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3995
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16842
₽14442
₽29295
₽24876
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 000
income
-
-
-
36 251
pensions
-
-
-
11 182
health
-
-
-
11 769
total
-
-
-
59 202
Employee
88 483
81 500
119 264
-
health
11 039
10 640
11 769
-
pensions
11 182
11 182
11 182
-
income

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

13 340
13 340
14 095
-
total
35 561
35 162
37 046
-
Employer
88 483
81 500
119 264
-
pensions
6 158
5 672
7 051
-
unemployment
3 186
2 934
3 646
-
health
6 149
5 665
7 040
-
total
15 493
14 271
17 737
-
Corporate
33 025
41 229
-
-
income
6 605
8 246
-
-
total
6 605
8 246
-
-
Dividends
26 420
32 983
-
-
withholding
3 963
4 948
-
-
income
5 614
7 009
-
-
total
9 577
11 957
-
-
Income
137 000
137 000
137 000
137 000
Total tax
67 236
69 636
54 783
59 202
After tax
69 764
67 364
82 217
77 798
Living cost
52 922
52 922
52 922
52 922
Free-cash
16 842
14 442
29 295
24 876

Estimated living cost  is ₽52922 per week

₽39038
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽607
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8550
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61945
₽70459
₽45655
₽47672
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
34 342
income
-
-
-
12 625
health
-
-
-
18 495
solidarity contribution
-
-
-
-
total
-
-
-
65 462
Employee
35 096
-
102 239
-
solidarity contribution
-
-
-
-
health
4 738
-
13 802
-
social contributions
2 281
-
6 646
-
income
4 212
-
12 269
-
total
11 231
-
32 717
-
Employer
35 096
-
102 239
-
social contributions
8 774
-
25 560
-
health
3 159
-
9 202
-
total
11 933
-
34 762
-
Corporate
89 971
137 000
-
-
income
17 094
26 030
-
-
total
17 094
26 030
-
-
Dividends
72 876
110 970
-
-
withholding
10 931
16 645
-
-
total
10 931
16 645
-
-
Income
137 000
137 000
137 000
137 000
Total tax
51 189
42 675
67 479
65 462
After tax
85 811
94 325
69 521
71 538
Living cost
23 866
23 866
23 866
23 866
Free-cash
61 945
70 459
45 655
47 672

Estimated living cost  is ₽23866 per week

₽16577
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1698
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5121
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27840
₽32823
₽20571
₽27023
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
1 585
social contributions
-
-
-
35 237
municipal
-
-
-
815
national
-
-
-
32 069
total
-
-
-
69 706
Employee
84 819
-
137 000
-
national
14 697
-
27 840
-
regional
800
-
1 396
-
municipal
449
-
726
-
social contributions
28 601
-
46 196
-
total
44 547
-
76 158
-
Employer
84 819
-
137 000
-
total
-
-
-
-
Corporate
52 181
137 000
-
-
nationa
12 524
32 881
-
-
municipal
2 036
5 343
-
-
total
14 560
38 224
-
-
Dividends
37 621
98 777
-
-
withholding
9 782
25 682
-
-
total
9 782
25 682
-
-
Income
137 000
137 000
137 000
137 000
Total tax
68 889
63 906
76 158
69 706
After tax
68 111
73 094
60 842
67 294
Living cost
40 271
40 271
40 271
40 271
Free-cash
27 840
32 823
20 571
27 023

Estimated living cost  is ₽40271 per week

₽28072
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2641
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽618
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8940
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62143
₽65113
₽40434
₽43951
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
unemployment
-
-
-
217
income
-
-
-
32 616
pensions
-
-
-
25 475
health
-
-
-
9 043
surtax
-
-
-
4 638
total
-
-
-
71 989
Employee
31 561
-
113 177
-
surtax
103
-
4 082
-
unemployment
2 197
-
7 877
-
other
-
-
-
-
health
806
-
2 887
-
pensions
2 105
-
7 549
-
income
5 290
-
29 287
-
total
10 501
-
51 682
-
Employer
31 561
-
113 177
-
other
-
-
-
-
pensions
4 207
-
15 087
-
unemployment
1 000
-
3 588
-
health
1 436
-
5 149
-
total
6 643
-
23 824
-
Corporate
98 796
137 000
-
-
income
25 687
35 621
-
-
total
25 687
35 621
-
-
Dividends
73 109
101 379
-
-
withholding
10 966
15 206
-
-
total
10 966
15 206
-
-
Income
137 000
137 000
137 000
137 000
Total tax
53 797
50 827
75 506
71 989
After tax
83 203
86 173
61 494
65 011
Living cost
21 060
21 060
21 060
21 060
Free-cash
62 143
65 113
40 434
43 951

Estimated living cost  is ₽21060 per week

₽12877
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1943
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.
₽5754
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51778
₽49550
₽37159
₽49729
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
35 936
pensions
-
-
-
7 939
total
-
-
-
43 875
Employee
60 231
-
119 956
-
health
874
-
1 858
-
pensions
5 112
-
9 986
-
income
10 848
-
27 557
-
total
16 834
-
39 401
-
Employer
60 231
-
119 956
-
pensions
6 520
-
14 764
-
health
1 144
-
2 280
-
total
7 664
-
17 044
-
Corporate
69 105
137 000
-
-
income

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

13 130
26 030
-
-
total
13 130
26 030
-
-
Dividends
55 975
110 970
-
-
withholding
4 198
18 024
-
-
total
4 198
18 024
-
-
Income
137 000
137 000
137 000
137 000
Total tax
41 826
44 054
56 445
43 875
After tax
95 174
92 946
80 555
93 125
Living cost
43 396
43 396
43 396
43 396
Free-cash
51 778
49 550
37 159
49 729

Estimated living cost  is ₽43396 per week

₽32512
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3253
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽454
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7177
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽19275
-₽13159
₽30030
₽36689
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 000
other

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

-
-
-
2 739
city
-
-
-
1 445
regional
-
-
-
5 864
pensions
-
-
-
12 603
national
-
-
-
1 546
health
-
-
-
308
total
-
-
-
24 505
Employee
88 713
-
122 622
-
national
420
-
1 229
-
unemployment
-
-
-
-
city
952
-
1 318
-
regional
2 905
-
5 012
-
health
201
-
276
-
pensions
7 453
-
10 300
-
total
11 931
-
18 135
-
Employer
88 713
-
122 622
-
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.

1 774
-
2 453
-
pensions
7 453
-
10 300
-
unemployment
-
-
-
-
health
201
-
276
-
total
9 428
-
13 029
-
Corporate
37 885
137 000
-
-
regional
8 012
28 975
-
-
national
3 220
11 645
-
-
total
11 232
40 620
-
-
Dividends
26 652
96 380
-
-
withholding
9 328
33 733
-
-
total
9 328
33 733
-
-
Income
137 000
137 000
137 000
137 000
Total tax
41 919
74 353
31 164
24 505
After tax
95 081
62 647
105 836
112 495
Living cost
75 806
75 806
75 806
75 806
Free-cash
19 275
-13 159
30 030
36 689

Estimated living cost  is ₽75806 per week

₽49296
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6803
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽931
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18777
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽39496
₽24019
₽45722
₽29837
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
15 885
income

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

-
-
-
38 899
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.

-
-
-
6 520
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.

-
-
-
2 139
total
-
-
-
63 443
Employee

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

57 356
-
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.

371
-
2 139
-
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.

6 520
-
6 520
-
income

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

6 745
-
38 899
-
total
13 636
-
47 558
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
79 644
137 000
-
-
trade
13 659
23 496
-
-
income
11 946
20 551
-
-
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.

657
1 130
-
-
chamber of commerce
257
337
-
-
total
26 519
45 514
-
-
Dividends
53 124
91 487
-
-
withholding
12 919
22 508
-
-
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
1 239
-
-
total
13 629
23 747
-
-
Income
137 000
137 000
137 000
137 000
Total tax
53 784
69 261
47 558
63 443
After tax
83 216
67 739
89 442
73 557
Living cost
43 720
43 720
43 720
43 720
Free-cash
39 496
24 019
45 722
29 837

Estimated living cost  is ₽43720 per week

₽31932
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3497
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.
₽7724
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42031
₽36398
₽46118
₽45055
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 000
other
-
-
-
4 247
social contributions
-
-
-
3 905
income
-
-
-
18 927
pensions
-
-
-
27 393
health
-
-
-
4 821
surtax
-
-
-
-
total
-
-
-
59 293
Employee
40 846
-
107 894
-
surtax
-
-
-
-
pensions
4 618
-
6 728
-
social contributions
1 165
-
3 075
-
income
2 411
-
19 320
-
total
8 194
-
29 123
-
Employer
40 846
-
107 894
-
other
1 409
-
3 878
-
pensions
6 710
-
11 467
-
unemployment
1 654
-
4 370
-
social contributions
123
-
324
-
health
2 860
-
9 068
-
total
12 756
-
29 107
-
Corporate
83 399
137 000
-
-
income
23 352
38 359
-
-
surtax
-
-
-
-
total
23 352
38 359
-
-
Dividends
60 046
98 641
-
-
withholding
7 686
12 625
-
-
social contributions
10 329
16 966
-
-
surtax
-
-
-
-
total
18 015
29 591
-
-
Income
137 000
137 000
137 000
137 000
Total tax
62 317
67 950
58 230
59 293
After tax
74 683
69 050
78 770
77 707
Living cost
32 652
32 652
32 652
32 652
Free-cash
42 031
36 398
46 118
45 055

Estimated living cost  is ₽32652 per week

₽20589
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2655
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8855
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44931
₽39633
₽49353
₽48290
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 000
other
-
-
-
4 247
social contributions
-
-
-
3 905
income
-
-
-
18 927
pensions
-
-
-
27 393
health
-
-
-
4 821
surtax
-
-
-
-
total
-
-
-
59 293
Employee
36 461
-
107 894
-
surtax
-
-
-
-
pensions
4 124
-
6 728
-
social contributions
1 040
-
3 075
-
income
1 880
-
19 320
-
total
7 044
-
29 123
-
Employer
36 461
-
107 894
-
other
1 259
-
3 878
-
pensions
5 991
-
11 467
-
unemployment
1 476
-
4 370
-
social contributions
109
-
324
-
health
2 552
-
9 068
-
total
11 387
-
29 107
-
Corporate
89 153
137 000
-
-
income
24 963
38 359
-
-
surtax
-
-
-
-
total
24 963
38 359
-
-
Dividends
64 190
98 641
-
-
withholding
8 217
12 625
-
-
social contributions
11 041
16 966
-
-
surtax
-
-
-
-
total
19 258
29 591
-
-
Income
137 000
137 000
137 000
137 000
Total tax
62 652
67 950
58 230
59 293
After tax
74 348
69 050
78 770
77 707
Living cost
29 417
29 417
29 417
29 417
Free-cash
44 931
39 633
49 353
48 290

Estimated living cost  is ₽29417 per week

₽17061
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2988
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽558
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8811
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63842
₽63345
₽65833
₽67743
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 000
social contributions
-
-
-
18 906
income
-
-
-
20 551
health
-
-
-
9 563
total
-
-
-
49 020
Employee
32 359
-
137 000
-
health
2 258
-
9 563
-
social contributions
4 466
-
18 906
-
income
5 397
-
22 461
-
total
12 121
-
50 930
-
Employer
32 359
-
137 000
-
total
-
-
-
-
Corporate
104 641
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%.

5 232
6 850
-
-
total
5 232
6 850
-
-
Dividends
99 409
130 150
-
-
health
6 938
9 085
-
-
withholding
14 911
19 522
-
-
social contributions
13 719
17 961
-
-
total
35 568
46 568
-
-
Income
137 000
137 000
137 000
137 000
Total tax
52 921
53 418
50 930
49 020
After tax
84 079
83 582
86 070
87 980
Living cost
20 237
20 237
20 237
20 237
Free-cash
63 842
63 345
65 833
67 743

Estimated living cost  is ₽20237 per week

₽13543
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1248
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.
₽4979
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40992
₽42472
₽2583
₽36198
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
549
unemployment
-
-
-
5 854
income
-
-
-
31 426
pensions
-
-
-
20 627
health
-
-
-
8 529
surtax
-
-
-
188
total
-
-
-
67 173
Employee
47 695
38 033
106 235
-
unemployment
1 431
1 141
3 188
-
other
476
380
1 063
-
health
1 846
1 472
4 111
-
pensions
4 885
3 894
10 879
-
income
5 430
2 805
25 127
-
total
14 068
9 692
44 368
-
Employer
47 695
38 033
106 235
-
payroll
1 431
1 141
3 188
-
other
2 266
1 806
5 048
-
accident
619
494
1 382
-
pensions
5 986
4 774
13 332
-
unemployment
1 431
1 141
3 188
-
chamber of commerce
190
152
426
-
surtax
188
188
188
-
health
1 802
1 438
4 015
-
total
13 913
11 134
30 767
-
Corporate
75 392
87 832
102 612
-
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.

18 848
21 958
25 653
-
total
18 848
21 958
25 653
-
Dividends
56 543
65 874
-
-
withholding
15 550
18 115
-
-
total
15 550
18 115
-
-
Income
137 000
137 000
137 000
137 000
Total tax
62 379
60 899
100 788
67 173
After tax
74 621
76 101
36 212
69 827
Living cost
33 629
33 629
33 629
33 629
Free-cash
40 992
42 472
2 583
36 198

Estimated living cost  is ₽33629 per week

₽22429
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2869
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽552
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7779
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27573
₽41885
₽15172
₽25407
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 000
social contributions
-
-
-
21 495
national
-
-
-
48 369
communal

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

-
-
-
6 931
total
-
-
-
76 795
Employee

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

68 267
-
106 112
-
national
20 988
-
36 738
-
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.

594
-
924
-
health

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

3 207
-
4 988
-
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.

5 120
-
7 958
-
communal

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

3 561
-
5 535
-
total
33 470
-
56 143
-
Employer

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

68 267
-
106 112
-
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.

887
-
1 380
-
pensions

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

6 049
-
9 401
-
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.

996
-
1 548
-
surtax
7 741
-
12 033
-
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.

4 198
-
6 525
-
total
19 871
-
30 887
-
Corporate
48 861
137 000
-
-
income
9 773
27 400
-
-
surtax
196
549
-
-
total
9 969
27 949
-
-
Dividends
38 893
109 051
-
-
withholding

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

11 319
32 368
-
-
total
11 319
32 368
-
-
Income
137 000
137 000
137 000
137 000
Total tax
74 629
60 317
87 030
76 795
After tax
62 371
76 683
49 970
60 205
Living cost
34 798
34 798
34 798
34 798
Free-cash
27 573
41 885
15 172
25 407

Estimated living cost  is ₽34798 per week

₽22414
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3043
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8797
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50142
₽57228
₽38323
₽42766
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
89
unemployment
-
-
-
619
income
-
-
-
33 229
pensions
-
-
-
25 033
accident
-
-
-
797
total
-
-
-
59 767
Employee
47 506
-
108 799
-
unemployment
737
-
1 371
-
other
47
-
89
-
pensions
2 233
-
4 158
-
income
10 024
-
30 391
-
total
13 041
-
36 009
-
Employer
47 506
-
108 799
-
other
379
-
708
-
accident
940
-
1 751
-
pensions
11 211
-
20 877
-
unemployment
2 613
-
4 865
-
total
15 143
-
28 201
-
Corporate
74 351
137 000
-
-
income

The general rate of corporate tax is 25%. The lower rate of 15% is introduced for newly formed companies which applies during the first two years of operation in which taxable profit is made. We use the lower rate in our model.

11 153
20 551
-
-
total
11 153
20 551
-
-
Dividends
63 198
116 449
-
-
withholding
13 054
24 754
-
-
total
13 054
24 754
-
-
Income
137 000
137 000
137 000
137 000
Total tax
52 391
45 305
64 210
59 767
After tax
84 609
91 695
72 790
77 233
Living cost
34 467
34 467
34 467
34 467
Free-cash
50 142
57 228
38 323
42 766

Estimated living cost  is ₽34467 per week

₽25381
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2445
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6143
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19407
₽29925
₽24812
₽19353
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
19 018
pensions
-
-
-
20 534
accident
-
-
-
1 155
communal
-
-
-
8 659
health
-
-
-
9 624
surtax
-
-
-
6 792
total
-
-
-
65 782
Employee
72 274
-
122 375
-
surtax
4 430
-
7 500
-
health
3 217
-
5 446
-
pensions
5 781
-
9 791
-
income
6 981
-
22 961
-
total
20 409
-
45 698
-
Employer
72 274
-
122 375
-
accident
650
-
1 101
-
pensions
5 781
-
9 791
-
health
2 204
-
3 733
-
total
8 635
-
14 625
-
Corporate
56 091
137 000
-
-
income
8 414
20 551
-
-
communal
3 785
9 248
-
-
surtax
589
1 438
-
-
total
12 788
31 237
-
-
Dividends
43 302
105 764
-
-
withholding
6 495
15 865
-
-
income
17 401
8 108
-
-
total
23 896
23 973
-
-
Income
137 000
137 000
137 000
137 000
Total tax
65 728
55 210
60 323
65 782
After tax
71 272
81 790
76 677
71 218
Living cost
51 865
51 865
51 865
51 865
Free-cash
19 407
29 925
24 812
19 353

Estimated living cost  is ₽51865 per week

₽38906
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3142
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽549
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9266
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61702
₽64737
₽40058
₽43575
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
unemployment
-
-
-
217
income
-
-
-
32 616
pensions
-
-
-
25 475
health
-
-
-
9 043
surtax
-
-
-
4 638
total
-
-
-
71 989
Employee
32 140
-
113 177
-
surtax
114
-
4 082
-
unemployment
2 237
-
7 877
-
other
-
-
-
-
health
820
-
2 887
-
pensions
2 144
-
7 549
-
income
5 388
-
29 287
-
total
10 703
-
51 682
-
Employer
32 140
-
113 177
-
other
-
-
-
-
pensions
4 285
-
15 087
-
unemployment
1 020
-
3 588
-
health
1 462
-
5 149
-
total
6 767
-
23 824
-
Corporate
98 094
137 000
-
-
income
25 504
35 621
-
-
total
25 504
35 621
-
-
Dividends
72 590
101 379
-
-
withholding
10 888
15 206
-
-
total
10 888
15 206
-
-
Income
137 000
137 000
137 000
137 000
Total tax
53 862
50 827
75 506
71 989
After tax
83 138
86 173
61 494
65 011
Living cost
21 436
21 436
21 436
21 436
Free-cash
61 702
64 737
40 058
43 575

Estimated living cost  is ₽21436 per week

₽12942
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1864
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.
₽6134
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44183
₽46299
₽34686
₽41104
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
2 066
social contributions
-
-
-
35 237
municipal
-
-
-
815
national
-
-
-
32 069
total
-
-
-
70 187
Employee
52 941
-
137 000
-
national
8 387
-
27 840
-
regional
713
-
1 843
-
municipal
281
-
726
-
social contributions
17 852
-
46 196
-
total
27 233
-
76 605
-
Employer
52 941
-
137 000
-
total
-
-
-
-
Corporate
84 059
137 000
-
-
nationa
20 174
32 881
-
-
municipal
4 178
6 810
-
-
total
24 352
39 691
-
-
Dividends
59 707
97 310
-
-
withholding
15 523
25 301
-
-
total
15 523
25 301
-
-
Income
137 000
137 000
137 000
137 000
Total tax
67 108
64 992
76 605
70 187
After tax
69 892
72 008
60 395
66 813
Living cost
25 709
25 709
25 709
25 709
Free-cash
44 183
46 299
34 686
41 104

Estimated living cost  is ₽25709 per week

₽15988
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2604
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽440
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6676
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54425
₽64916
₽40112
₽42129
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
34 342
income
-
-
-
12 625
health
-
-
-
18 495
solidarity contribution
-
-
-
-
total
-
-
-
65 462
Employee
43 248
-
102 239
-
solidarity contribution
-
-
-
-
health
5 838
-
13 802
-
social contributions
2 811
-
6 646
-
income
5 190
-
12 269
-
total
13 839
-
32 717
-
Employer
43 248
-
102 239
-
social contributions
10 812
-
25 560
-
health
3 892
-
9 202
-
total
14 704
-
34 762
-
Corporate
79 048
137 000
-
-
income
15 019
26 030
-
-
total
15 019
26 030
-
-
Dividends
64 029
110 970
-
-
withholding
9 604
16 645
-
-
total
9 604
16 645
-
-
Income
137 000
137 000
137 000
137 000
Total tax
53 166
42 675
67 479
65 462
After tax
83 834
94 325
69 521
71 538
Living cost
29 409
29 409
29 409
29 409
Free-cash
54 425
64 916
40 112
42 129

Estimated living cost  is ₽29409 per week

₽21870
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1629
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽509
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5401
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45281
₽45754
₽5799
₽39567
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
549
unemployment
-
-
-
5 854
income
-
-
-
31 426
pensions
-
-
-
20 627
health
-
-
-
8 529
surtax
-
-
-
-
total
-
-
-
66 985
Employee
41 719
38 033
106 383
-
unemployment
1 251
1 141
3 191
-
other
417
380
1 063
-
health
1 614
1 472
4 117
-
pensions
4 272
3 894
10 894
-
income
3 716
2 805
25 180
-
total
11 270
9 692
44 445
-
Employer
41 719
38 033
106 383
-
payroll
1 251
1 141
3 191
-
other
1 981
1 806
5 053
-
accident
542
494
1 384
-
pensions
5 236
4 774
13 351
-
unemployment
1 251
1 141
3 191
-
chamber of commerce
167
152
426
-
surtax
-
-
-
-
health
1 577
1 438
4 021
-
total
12 005
10 946
30 617
-
Corporate
83 276
88 020
102 761
-
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.

20 819
22 005
25 691
-
total
20 819
22 005
25 691
-
Dividends
62 457
66 015
-
-
withholding
17 177
18 155
-
-
total
17 177
18 155
-
-
Income
137 000
137 000
137 000
137 000
Total tax
61 271
60 798
100 753
66 985
After tax
75 729
76 202
36 247
70 015
Living cost
30 448
30 448
30 448
30 448
Free-cash
45 281
45 754
5 799
39 567

Estimated living cost  is ₽30448 per week

₽18265
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3110
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽543
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8530
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽115660
₽117948
₽97398
₽123428
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 253
-
137 000
-
income
3 051
-
27 400
-
total
3 051
-
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%.

121 747
137 000
-
-
total
-
-
-
-
Dividends
121 747
137 000
-
-
withholding
6 087
6 850
-
-
total
6 087
6 850
-
-
Income
137 000
137 000
137 000
137 000
Total tax
9 138
6 850
27 400
1 370
After tax
127 862
130 150
109 600
135 630
Living cost
12 202
12 202
12 202
12 202
Free-cash
115 660
117 948
97 398
123 428

Estimated living cost  is ₽12202 per week

₽8257
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽512
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽409
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3023
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60740
₽68726
₽39262
₽42891
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

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

-
-
-
137 000
unemployment
-
-
-
205
income
-
-
-
29 805
pensions
-
-
-
25 020
health
-
-
-
13 480
total
-
-
-
68 510
Employee

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

42 203
-
118 543
-
unemployment
60
-
167
-
health
2 726
-
7 657
-
pensions
6 542
-
18 374
-
income
7 278
-
27 483
-
total
16 606
-
53 681
-
Employer

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

42 203
-
118 543
-
pensions
3 735
-
10 492
-
unemployment
25
-
71
-
health
2 811
-
7 895
-
total
6 571
-
18 458
-
Corporate
88 227
137 000
-
-
income
16 764
26 029
-
-
total
16 764
26 029
-
-
Dividends
71 463
110 971
-
-
withholding
10 720
16 646
-
-
total
10 720
16 646
-
-
Income
137 000
137 000
137 000
137 000
Total tax
50 661
42 675
72 139
68 510
After tax
86 339
94 325
64 861
68 490
Living cost
25 599
25 599
25 599
25 599
Free-cash
60 740
68 726
39 262
42 891

Estimated living cost  is ₽25599 per week

₽17568
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1641
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5895
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5503
₽42113
₽83189
₽53440
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 000
social contributions
-
-
-
15 618
income
-
-
-
26 704
total
-
-
-
42 322
Employee
59 130
-
-
-
social contributions
4 849
-
691
-
income
13 043
-
-
-
total
17 892
-
691
-
Employer
59 130
-
-
-
social contributions
83 373
-
11 882
-
total
83 373
-
11 882
-
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
101 265
53 649
12 573
42 322
After tax
35 735
83 351
124 427
94 678
Living cost
41 238
41 238
41 238
41 238
Free-cash
-5 503
42 113
83 189
53 440

Estimated living cost  is ₽41238 per week

₽26757
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3878
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽526
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10077
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47029
₽47990
₽35044
₽44503
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
137 000
social contributions

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

-
-
-
47 607
income
-
-
-
14 954
surtax
-
-
-
-
total
-
-
-
62 561
Employee
43 894
-
110 706
-
surtax
-
-
-
-
social contributions
4 828
-
12 178
-
income
9 130
-
33 550
-
total
13 958
-
45 728
-
Employer
43 894
-
110 706
-
social contributions
10 425
-
26 292
-
total
10 425
-
26 292
-
Corporate
82 681
137 000
-
-
income
17 363
28 769
-
-
surtax
-
-
-
-
total
17 363
28 769
-
-
Dividends
65 318
108 231
-
-
withholding
18 289
30 305
-
-
total
18 289
30 305
-
-
Income
137 000
137 000
137 000
137 000
Total tax
60 035
59 074
72 020
62 561
After tax
76 965
77 926
64 980
74 439
Living cost
29 936
29 936
29 936
29 936
Free-cash
47 029
47 990
35 044
44 503

Estimated living cost  is ₽29936 per week

₽22398
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1766
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5272
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29513
₽22955
₽32675
₽31612
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 000
other
-
-
-
4 247
social contributions
-
-
-
3 905
income
-
-
-
18 927
pensions
-
-
-
27 393
health
-
-
-
4 821
surtax
-
-
-
-
total
-
-
-
59 293
Employee
59 774
-
107 894
-
surtax
-
-
-
-
pensions
6 761
-
6 728
-
social contributions
1 702
-
3 075
-
income
5 215
-
19 320
-
total
13 678
-
29 123
-
Employer
59 774
-
107 894
-
other
2 063
-
3 878
-
pensions
9 822
-
11 467
-
unemployment
2 421
-
4 370
-
social contributions
179
-
324
-
health
4 184
-
9 068
-
total
18 669
-
29 107
-
Corporate
58 557
137 000
-
-
income
16 396
38 359
-
-
surtax
-
-
-
-
total
16 396
38 359
-
-
Dividends
42 161
98 641
-
-
withholding
5 397
12 625
-
-
social contributions
7 252
16 966
-
-
surtax
-
-
-
-
total
12 649
29 591
-
-
Income
137 000
137 000
137 000
137 000
Total tax
61 392
67 950
58 230
59 293
After tax
75 608
69 050
78 770
77 707
Living cost
46 095
46 095
46 095
46 095
Free-cash
29 513
22 955
32 675
31 612

Estimated living cost  is ₽46095 per week

₽31196
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3771
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽632
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10495
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91405
₽94613
₽76921
₽73283
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 890
social contributions
-
-
-
30 139
total
-
-
-
35 029
Employee
30 682
-
118 614
-
social contributions
1 994
-
7 710
-
income
-
-
5 296
-
total
1 994
-
13 006
-
Employer
30 682
-
118 614
-
social contributions
4 756
-
18 385
-
total
4 756
-
18 385
-
Corporate
101 562
137 000
-
-
income
10 157
13 699
-
-
total
10 157
13 699
-
-
Dividends
91 405
123 301
-
-
total
-
-
-
-
Income
137 000
137 000
137 000
137 000
Total tax
16 907
13 699
31 391
35 029
After tax
120 093
123 301
105 609
101 971
Living cost
28 688
28 688
28 688
28 688
Free-cash
91 405
94 613
76 921
73 283

Estimated living cost  is ₽28688 per week

₽18549
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2162
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7436
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽70641
-₽70641
-₽70641
₽36686
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 000
pensions
-
-
-
826
municipal
-
-
-
27 621
labour market
-
-
-
10 894
national
-
-
-
15 076
total
-
-
-
54 417
Employee
193 721
193 721
193 721
-
national
23 667
23 667
23 667
-
municipal
41 252
41 252
41 252
-
labour market
15 476
15 476
15 476
-
pensions
275
275
275
-
total
80 670
80 670
80 670
-
Employer
193 721
193 721
193 721
-
municipal
41 317
41 317
41 317
-
pensions
551
551
551
-
national
23 708
23 708
23 708
-
labour market
15 498
15 498
15 498
-
total
81 074
81 074
81 074
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
137 000
137 000
137 000
137 000
Total tax
161 744
161 744
161 744
54 417
After tax
-24 744
-24 744
-24 744
82 583
Living cost
45 897
45 897
45 897
45 897
Free-cash
-70 641
-70 641
-70 641
36 686

Estimated living cost  is ₽45897 per week

₽31412
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4060
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽706
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9719
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7851
-₽10059
₽52032
₽72624
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
362
income
-
-
-
36 422
pensions
-
-
-
4 061
accident
-
-
-
246
health
-
-
-
2 129
total
-
-
-
43 220
Employee
33 280
-
121 251
-
health
3 811
-
13 883
-
pensions
3 748
-
7 447
-
income
4 566
-
26 733
-
total
12 125
-
48 063
-
Employer
33 280
-
121 251
-
accident
556
-
2 025
-
pensions
5 411
-
10 753
-
unemployment
816
-
2 971
-
total
6 783
-
15 749
-
Corporate
96 937
137 000
-
-
income

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

87 243
123 300
-
-
total
87 243
123 300
-
-
Dividends
9 694
13 700
-
-
withholding
1 842
2 603
-
-
total
1 842
2 603
-
-
Income
137 000
137 000
137 000
137 000
Total tax
107 993
125 903
63 812
43 220
After tax
29 007
11 097
73 188
93 780
Living cost
21 156
21 156
21 156
21 156
Free-cash
7 851
-10 059
52 032
72 624

Estimated living cost  is ₽21156 per week

₽15399
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1206
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽397
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4154
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52632
₽51137
₽37202
₽55990
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
24 352
national
-
-
-
18 306
health
-
-
-
1 711
total
-
-
-
44 369
Employee
50 212
-
115 250
-
national
829
-
11 736
-
unemployment
753
-
1 730
-
health
375
-
1 376
-
municipal
8 224
-
18 787
-
pensions
3 389
-
7 779
-
total
13 570
-
41 408
-
Employer
50 212
-
115 250
-
accident
51
-
116
-
pensions
8 711
-
19 996
-
unemployment
326
-
750
-
health
386
-
887
-
total
9 474
-
21 749
-
Corporate
77 314
137 000
-
-
income
15 463
27 400
-
-
total
15 463
27 400
-
-
Dividends

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

46 388
82 200
-
-
municipal
8 349
14 797
-
-
national
871
7 025
-
-
total
9 220
21 822
-
-
Income
137 000
137 000
137 000
137 000
Total tax
47 727
49 222
63 157
44 369
After tax
89 273
87 778
73 843
92 631
Living cost
36 641
36 641
36 641
36 641
Free-cash
52 632
51 137
37 202
55 990

Estimated living cost  is ₽36641 per week

₽23934
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3524
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽583
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8601
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72752
₽77948
₽71811
₽73101
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 000
social contributions
-
-
-
15 442
income
-
-
-
22 867
health
-
-
-
3 494
total
-
-
-
41 803
Employee
73 387
73 387
126 445
-
health
569
1 248
2 150
-
social contributions
2 775
6 091
8 215
-
income
7 991
6 793
22 173
-
total
11 335
14 132
32 538
-
Employer
73 387
73 387
126 445
-
social contributions
2 775
6 091
8 215
-
health
618
1 358
2 340
-
total
3 393
7 449
10 555
-
Corporate
100 177
56 164
-
-
income
12 522
7 020
-
-
total
12 522
7 020
-
-
Dividends
87 655
49 144
-
-
withholding
14 902
8 355
-
-
total
14 902
8 355
-
-
Income
137 000
137 000
137 000
137 000
Total tax
42 152
36 956
43 093
41 803
After tax
94 848
100 044
93 907
95 197
Living cost
22 096
22 096
22 096
22 096
Free-cash
72 752
77 948
71 811
73 101

Estimated living cost  is ₽22096 per week

₽13243
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2168
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.
₽6198
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93441
₽98297
₽79470
₽98614
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
137 000
unemployment
-
-
-
27
income
-
-
-
13 681
pensions
-
-
-
6 071
health
-
-
-
3 454
total
-
-
-
23 233
Employee

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

21 906
-
127 673
-
unemployment
109
-
453
-
health
1 862
-
7 697
-
pensions
3 285
-
13 583
-
income
1 498
-
11 316
-
total
6 754
-
33 049
-
Employer

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

21 906
-
127 673
-
pensions
1 204
-
4 981
-
unemployment
109
-
453
-
health
942
-
3 894
-
total
2 255
-
9 328
-
Corporate
112 839
137 000
-
-
income
10 155
12 330
-
-
total
10 155
12 330
-
-
Dividends
102 684
124 670
-
-
withholding
9 242
11 220
-
-
total
9 242
11 220
-
-
Income
137 000
137 000
137 000
137 000
Total tax
28 406
23 550
42 377
23 233
After tax
108 594
113 450
94 623
113 767
Living cost
15 153
15 153
15 153
15 153
Free-cash
93 441
98 297
79 470
98 614

Estimated living cost  is ₽15153 per week

₽9668
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1092
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3941
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60962
₽65451
₽46546
₽50989
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
89
unemployment
-
-
-
619
income
-
-
-
33 229
pensions
-
-
-
25 033
accident
-
-
-
797
total
-
-
-
59 767
Employee
35 289
-
108 799
-
unemployment
547
-
1 371
-
other
34
-
89
-
pensions
1 659
-
4 158
-
income
6 803
-
30 391
-
total
9 043
-
36 009
-
Employer
35 289
-
108 799
-
other
283
-
708
-
accident
699
-
1 751
-
pensions
8 327
-
20 877
-
unemployment
1 942
-
4 865
-
total
11 251
-
28 201
-
Corporate
90 460
137 000
-
-
income

The general rate of corporate tax is 25%. The lower rate of 15% is introduced for newly formed companies which applies during the first two years of operation in which taxable profit is made. We use the lower rate in our model.

13 569
20 551
-
-
total
13 569
20 551
-
-
Dividends
76 892
116 449
-
-
withholding
15 931
24 754
-
-
total
15 931
24 754
-
-
Income
137 000
137 000
137 000
137 000
Total tax
49 794
45 305
64 210
59 767
After tax
87 206
91 695
72 790
77 233
Living cost
26 244
26 244
26 244
26 244
Free-cash
60 962
65 451
46 546
50 989

Estimated living cost  is ₽26244 per week

₽17714
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2523
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5547
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83390
₽83687
₽86064
₽86191
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
46 741
pensions
-
-
-
1 314
health
-
-
-
953
total
-
-
-
49 008
Employee
2 743
-
135 522
-
unemployment
27
-
66
-
health
137
-
328
-
pensions
247
-
591
-
income
531
-
46 672
-
total
942
-
47 657
-
Employer
2 743
-
135 522
-
pensions
302
-
723
-
unemployment
55
-
131
-
health
261
-
624
-
total
618
-
1 478
-
Corporate
133 639
137 000
-
-
income
29 401
30 140
-
-
total
29 401
30 140
-
-
Dividends
104 239
106 860
-
-
withholding
20 848
21 372
-
-
total
20 848
21 372
-
-
Income
137 000
137 000
137 000
137 000
Total tax
51 809
51 512
49 135
49 008
After tax
85 191
85 488
87 865
87 992
Living cost
1 801
1 801
1 801
1 801
Free-cash
83 390
83 687
86 064
86 191

Estimated living cost  is ₽1801 per week

₽1070
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽146
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽41
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽544
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77807
₽82495
₽63615
₽63613
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
137 000
unemployment
-
-
-
1 057
income
-
-
-
30 268
pensions
-
-
-
18 318
health
-
-
-
7 257
total
-
-
-
56 900
Employee

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

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

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

24 861
-
124 389
-
unemployment
186
-
528
-
health
1 280
-
3 628
-
pensions
3 481
-
9 864
-
income
3 427
-
30 268
-
total
8 374
-
44 288
-
Employer

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

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

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

24 861
-
124 389
-
pensions
2 983
-
8 454
-
unemployment
186
-
528
-
health
1 280
-
3 628
-
total
4 449
-
12 610
-
Corporate
107 689
137 000
-
-
income
16 153
20 550
-
-
total
16 153
20 550
-
-
Dividends
91 536
116 450
-
-
withholding
13 730
17 468
-
-
total
13 730
17 468
-
-
Income
137 000
137 000
137 000
137 000
Total tax
42 706
38 018
56 898
56 900
After tax
94 294
98 982
80 102
80 100
Living cost
16 487
16 487
16 487
16 487
Free-cash
77 807
82 495
63 615
63 613

Estimated living cost  is ₽16487 per week

₽11101
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1275
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3634
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51853
₽52197
₽39251
₽48710
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
137 000
social contributions

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

-
-
-
47 607
income
-
-
-
14 954
surtax
-
-
-
-
total
-
-
-
62 561
Employee
37 041
-
110 706
-
surtax
-
-
-
-
social contributions
4 075
-
12 178
-
income
7 238
-
33 550
-
total
11 313
-
45 728
-
Employer
37 041
-
110 706
-
social contributions
8 797
-
26 292
-
total
8 797
-
26 292
-
Corporate
91 162
137 000
-
-
income
19 143
28 769
-
-
surtax
-
-
-
-
total
19 143
28 769
-
-
Dividends
72 019
108 231
-
-
withholding
20 165
30 305
-
-
total
20 165
30 305
-
-
Income
137 000
137 000
137 000
137 000
Total tax
59 418
59 074
72 020
62 561
After tax
77 582
77 926
64 980
74 439
Living cost
25 729
25 729
25 729
25 729
Free-cash
51 853
52 197
39 251
48 710

Estimated living cost  is ₽25729 per week

₽18223
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1788
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5263
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51393
₽58154
₽39249
₽43692
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
89
unemployment
-
-
-
619
income
-
-
-
33 229
pensions
-
-
-
25 033
accident
-
-
-
797
total
-
-
-
59 767
Employee
46 092
-
108 799
-
unemployment
714
-
1 371
-
other
45
-
89
-
pensions
2 166
-
4 158
-
income
9 627
-
30 391
-
total
12 552
-
36 009
-
Employer
46 092
-
108 799
-
other
369
-
708
-
accident
913
-
1 751
-
pensions
10 878
-
20 877
-
unemployment
2 536
-
4 865
-
total
14 696
-
28 201
-
Corporate
76 213
137 000
-
-
income

The general rate of corporate tax is 25%. The lower rate of 15% is introduced for newly formed companies which applies during the first two years of operation in which taxable profit is made. We use the lower rate in our model.

11 432
20 551
-
-
total
11 432
20 551
-
-
Dividends
64 781
116 449
-
-
withholding
13 386
24 754
-
-
total
13 386
24 754
-
-
Income
137 000
137 000
137 000
137 000
Total tax
52 066
45 305
64 210
59 767
After tax
84 934
91 695
72 790
77 233
Living cost
33 541
33 541
33 541
33 541
Free-cash
51 393
58 154
39 249
43 692

Estimated living cost  is ₽33541 per week

₽24088
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2608
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽473
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6373
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94833
₽100668
₽96086
₽91055
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 000
unemployment
-
-
-
134
income
-
-
-
20 550
pensions

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

-
-
-
4 949
health
-
-
-
3 845
total
-
-
-
29 478
Employee
21 805
-
130 440
-
accident

We are using the highest rate at 1.1%.

240
-
368
-
health
1 003
-
1 538
-
pensions

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

1 914
-
2 936
-
income
2 181
-
13 044
-
total
5 338
-
17 886
-
Employer
21 805
-
130 440
-
accident

We are using the highest rate at 1.1%.

240
-
368
-
pensions

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

2 403
-
3 685
-
unemployment
131
-
201
-
health
1 505
-
2 307
-
total
4 279
-
6 561
-
Corporate
110 917
137 000
-
-
income
11 092
13 700
-
-
total
11 092
13 700
-
-
Dividends
99 825
123 300
-
-
withholding
4 991
6 165
-
-
total
4 991
6 165
-
-
Income
137 000
137 000
137 000
137 000
Total tax
25 700
19 865
24 447
29 478
After tax
111 300
117 135
112 553
107 522
Living cost
16 467
16 467
16 467
16 467
Free-cash
94 833
100 668
96 086
91 055

Estimated living cost  is ₽16467 per week

₽10891
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.
₽393
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4241
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46199
₽33709
₽52596
₽39304
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
13 292
income

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

-
-
-
38 899
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.

-
-
-
6 520
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.

-
-
-
2 139
total
-
-
-
60 850
Employee

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

47 486
-
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.

216
-
2 139
-
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.

6 520
-
6 520
-
income

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

3 905
-
38 899
-
total
10 641
-
47 558
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
89 514
137 000
-
-
trade
12 844
19 660
-
-
income
13 428
20 551
-
-
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.

739
1 130
-
-
chamber of commerce
275
346
-
-
total
27 286
41 687
-
-
Dividends
62 228
95 314
-
-
withholding
15 193
23 467
-
-
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.

835
1 291
-
-
total
16 028
24 758
-
-
Income
137 000
137 000
137 000
137 000
Total tax
53 955
66 445
47 558
60 850
After tax
83 045
70 555
89 442
76 150
Living cost
36 846
36 846
36 846
36 846
Free-cash
46 199
33 709
52 596
39 304

Estimated living cost  is ₽36846 per week

₽25417
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3965
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽534
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6929
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43643
₽41534
₽21472
₽21472
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 000
social contributions
-
-
-
22 137
income
-
-
-
39 026
total
-
-
-
61 163
Employee
74 653
-
137 000
-
social contributions
6 202
-
22 137
-
income
14 087
-
39 026
-
total
20 289
-
61 163
-
Employer
74 653
-
137 000
-
total
-
-
-
-
Corporate
62 347
137 000
-
-
income
7 793
17 126
-
-
total
7 793
17 126
-
-
Dividends
54 553
119 874
-
-
withholding
10 910
23 975
-
-
total
10 910
23 975
-
-
Income
137 000
137 000
137 000
137 000
Total tax
38 992
41 101
61 163
61 163
After tax
98 008
95 899
75 837
75 837
Living cost
54 365
54 365
54 365
54 365
Free-cash
43 643
41 534
21 472
21 472

Estimated living cost  is ₽54365 per week

₽41360
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4430
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8056
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52698
₽49363
₽64663
₽69364
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
137 000
health

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

-
-
-
5 825
income
-
-
-
27 167
total
-
-
-
32 992
Employee
43 781
-
132 610
-
social contributions
4 387
-
4 390
-
income
4 751
-
28 913
-
total
9 138
-
33 303
-
Employer
43 781
-
132 610
-
social contributions
4 387
-
4 390
-
total
4 387
-
4 390
-
Corporate
88 832
137 000
-
-
income
31 091
47 951
-
-
total
31 091
47 951
-
-
Dividends
57 741
89 049
-
-
social contributions
5 042
5 042
-
-
total
5 042
5 042
-
-
Income
137 000
137 000
137 000
137 000
Total tax
49 658
52 993
37 693
32 992
After tax
87 342
84 007
99 307
104 008
Living cost
34 644
34 644
34 644
34 644
Free-cash
52 698
49 363
64 663
69 364

Estimated living cost  is ₽34644 per week

₽22820
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2731
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8561
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sliema model

Close
Edinburgh , United Kingdom
₽62007
₽57666
₽45275
₽57845
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
35 936
pensions
-
-
-
7 939
total
-
-
-
43 875
Employee
48 426
-
119 956
-
health
632
-
1 858
-
pensions
3 696
-
9 986
-
income
8 819
-
27 557
-
total
13 147
-
39 401
-
Employer
48 426
-
119 956
-
pensions
4 893
-
14 764
-
health
920
-
2 280
-
total
5 813
-
17 044
-
Corporate
82 761
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.

15 724
26 030
-
-
total
15 724
26 030
-
-
Dividends
67 037
110 970
-
-
withholding
5 029
18 024
-
-
total
5 029
18 024
-
-
Income
137 000
137 000
137 000
137 000
Total tax
39 713
44 054
56 445
43 875
After tax
97 287
92 946
80 555
93 125
Living cost
35 280
35 280
35 280
35 280
Free-cash
62 007
57 666
45 275
57 845

Estimated living cost  is ₽35280 per week

₽24202
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3244
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽441
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7390
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽7530
-₽12154
₽49937
₽70529
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
362
income
-
-
-
36 422
pensions
-
-
-
4 061
accident
-
-
-
246
health
-
-
-
2 129
total
-
-
-
43 220
Employee
36 575
-
121 251
-
health
4 188
-
13 883
-
pensions
4 118
-
7 447
-
income
5 018
-
26 733
-
total
13 324
-
48 063
-
Employer
36 575
-
121 251
-
accident
611
-
2 025
-
pensions
5 947
-
10 753
-
unemployment
896
-
2 971
-
total
7 454
-
15 749
-
Corporate
92 972
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.

83 675
123 300
-
-
total
83 675
123 300
-
-
Dividends
9 297
13 700
-
-
withholding
1 766
2 603
-
-
total
1 766
2 603
-
-
Income
137 000
137 000
137 000
137 000
Total tax
106 219
125 903
63 812
43 220
After tax
30 781
11 097
73 188
93 780
Living cost
23 251
23 251
23 251
23 251
Free-cash
7 530
-12 154
49 937
70 529

Estimated living cost  is ₽23251 per week

₽17064
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1355
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.
₽4364
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97937
₽102400
₽81021
₽64321
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
137 000
unemployment
-
-
-
1 644
income
-
-
-
22 119
pensions
-
-
-
25 208
health insurance
-
-
-
10 138
work injury
-
-
-
685
total
-
-
-
59 794
Employee

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

20 616
-
137 000
-
health insurance
1 526
-
5 644
-
unemployment
247
-
915
-
work injury
103
-
381
-
pensions
3 793
-
14 035
-
income
2 062
-
22 119
-
total
7 731
-
43 094
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
116 384
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%.

1 164
1 370
-
-
total
1 164
1 370
-
-
Dividends
115 220
135 630
-
-
withholding
17 283
20 345
-
-
total
17 283
20 345
-
-
Income
137 000
137 000
137 000
137 000
Total tax
26 178
21 715
43 094
59 794
After tax
110 822
115 285
93 906
77 206
Living cost
12 885
12 885
12 885
12 885
Free-cash
97 937
102 400
81 021
64 321

Estimated living cost  is ₽12885 per week

₽7983
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽936
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽402
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3564
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29799
₽34142
₽21439
₽27655
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
3 103
social contributions
-
-
-
35 237
municipal
-
-
-
916
national
-
-
-
32 069
total
-
-
-
71 325
Employee
80 422
-
137 000
-
national
13 591
-
27 840
-
regional
1 214
-
2 688
-
municipal
480
-
817
-
social contributions
27 118
-
46 196
-
total
42 403
-
77 541
-
Employer
80 422
-
137 000
-
total
-
-
-
-
Corporate
56 578
137 000
-
-
nationa
13 578
32 881
-
-
municipal
2 728
6 603
-
-
total
16 306
39 484
-
-
Dividends
40 273
97 516
-
-
withholding
10 472
25 354
-
-
total
10 472
25 354
-
-
Income
137 000
137 000
137 000
137 000
Total tax
69 181
64 838
77 541
71 325
After tax
67 819
72 162
59 459
65 675
Living cost
38 020
38 020
38 020
38 020
Free-cash
29 799
34 142
21 439
27 655

Estimated living cost  is ₽38020 per week

₽26707
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2615
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.
₽8123
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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