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
₽40863
₽60877
₽46136
₽51189
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
137 000
income

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

-
-
-
39 303
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.

-
-
-
2 162
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.

-
-
-
6 378
trade
-
-
-
14 741
total
-
-
-
62 584
Employee

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

35 710
-
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.

55
-
2 162
-
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.

998
-
39 303
-
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.

6 378
-
6 378
-
total
7 431
-
47 843
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
101 290
137 000
-
-
income
15 193
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.

836
1 130
-
-
chamber of commerce
287
338
-
-
trade
15 953
21 577
-
-
total
32 269
43 596
-
-
Dividends
69 020
93 404
-
-
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.

930
1 265
-
-
withholding
16 901
22 996
-
-
total
17 831
24 261
-
-
Income
137 000
137 000
137 000
137 000
Total tax
57 531
67 857
47 843
62 584
After tax
79 469
69 143
89 157
74 416
Living cost
28 280
28 280
28 280
28 280
Free-cash
51 189
40 863
60 877
46 136

Estimated living cost  is ₽28280 per week

₽17789
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3297
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6665
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35682
₽32743
₽31667
₽34854
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 000
social contributions
-
-
-
1 473
municipal
-
-
-
14 753
national
-
-
-
22 861
pensions
-
-
-
16 440
total
-
-
-
55 527
Employee
77 208
-
118 435
-
municipal
9 536
-
15 283
-
pensions
3 088
-
4 737
-
national
14 778
-
23 683
-
total
27 402
-
43 703
-
Employer
77 208
-
118 435
-
pensions
6 177
-
9 475
-
social contributions
830
-
1 273
-
total
7 007
-
10 748
-
Corporate
47 689
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%.

9 538
27 400
-
-
total
9 538
27 400
-
-
Dividends
38 151
109 600
-
-
withholding
8 393
24 112
-
-
total
8 393
24 112
-
-
Income
137 000
137 000
137 000
137 000
Total tax
52 340
51 512
54 451
55 527
After tax
84 660
85 488
82 549
81 473
Living cost
49 806
49 806
49 806
49 806
Free-cash
34 854
35 682
32 743
31 667

Estimated living cost  is ₽49806 per week

₽33853
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4630
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽745
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10578
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90175
₽64349
₽24650
₽82518
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
137 000
income
-
-
-
22 220
surtax
-
-
-
34 934
social contributions

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

-
-
-
35 772
microenterprise
-
-
-
-
total
-
-
-
92 926
Employee
27 282
-
97 714
-
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.

3 001
-
10 749
-
income
4 856
-
18 938
-
total
7 857
-
29 687
-
Employer
27 282
-
97 714
-
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.

6 572
-
23 540
-
surtax
-
-
-
-
total
6 572
-
23 540
-
Corporate
103 147
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%.

20 629
27 401
-
-
total
20 629
27 401
-
-
Dividends

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

82 518
109 599
-
-
total
-
-
-
-
Income
137 000
137 000
137 000
137 000
Total tax
35 058
27 401
53 227
92 926
After tax
101 942
109 599
83 773
44 074
Living cost
19 424
19 424
19 424
19 424
Free-cash
82 518
90 175
64 349
24 650

Estimated living cost  is ₽19424 per week

₽12392
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1850
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.
₽4741
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28307
₽43501
₽38435
₽22588
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
37 001
health
-
-
-
11 513
pensions
-
-
-
10 939
total
-
-
-
59 453
Employee
79 730
79 730
119 649
-
pensions
14 351
10 939
10 939
-
income

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

13 051
13 051
14 583
-
health
12 238
10 409
11 513
-
total
39 640
34 399
37 035
-
Employer
79 730
79 730
119 649
-
health
5 542
5 542
6 887
-
pensions
5 549
5 549
6 898
-
unemployment
2 870
2 870
3 567
-
total
13 961
13 961
17 352
-
Corporate
44 286
43 308
-
-
income
8 857
8 662
-
-
total
8 857
8 662
-
-
Dividends
35 429
34 646
-
-
income
7 528
7 362
-
-
withholding
5 314
5 197
-
-
total
12 842
12 559
-
-
Income
137 000
137 000
137 000
137 000
Total tax
75 300
69 581
54 387
59 453
After tax
61 700
67 419
82 613
77 547
Living cost
39 112
39 112
39 112
39 112
Free-cash
22 588
28 307
43 501
38 435

Estimated living cost  is ₽39112 per week

₽27718
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3526
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽622
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7247
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37104
₽33552
₽34466
₽36258
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 000
accident
-
-
-
165
other
-
-
-
9 601
unemployment
-
-
-
83
health
-
-
-
5 155
municipal
-
-
-
33 716
national
-
-
-
7 185
pensions
-
-
-
8 931
total
-
-
-
64 836
Employee
53 717
-
111 040
-
municipal
16 018
-
33 112
-
national
-
-
6 679
-
total
16 018
-
39 791
-
Employer
53 717
-
111 040
-
health
3 304
-
5 081
-
pensions
5 807
-
8 931
-
accident
107
-
165
-
unemployment
1 418
-
2 181
-
other
6 242
-
9 601
-
total
16 878
-
25 959
-
Corporate
66 406
137 000
-
-
income
14 609
30 140
-
-
total
14 609
30 140
-
-
Dividends
51 796
106 860
-
-
withholding
15 539
32 058
-
-
total
15 539
32 058
-
-
Income
137 000
137 000
137 000
137 000
Total tax
63 044
62 198
65 750
64 836
After tax
73 956
74 802
71 250
72 164
Living cost
37 698
37 698
37 698
37 698
Free-cash
36 258
37 104
33 552
34 466

Estimated living cost  is ₽37698 per week

₽24985
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3699
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽572
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8442
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31759
₽52479
₽37084
₽44881
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
137 000
income

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

-
-
-
39 303
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.

-
-
-
2 162
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.

-
-
-
6 378
trade
-
-
-
15 395
total
-
-
-
63 238
Employee

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

47 347
-
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.

223
-
2 162
-
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.

4 068
-
39 303
-
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.

6 378
-
6 378
-
total
10 669
-
47 843
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
89 653
137 000
-
-
income
13 448
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
269
337
-
-
trade
14 748
22 537
-
-
total
29 204
44 555
-
-
Dividends
60 448
92 445
-
-
surtax

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

811
1 251
-
-
withholding
14 757
22 757
-
-
total
15 568
24 008
-
-
Income
137 000
137 000
137 000
137 000
Total tax
55 441
68 563
47 843
63 238
After tax
81 559
68 437
89 157
73 762
Living cost
36 678
36 678
36 678
36 678
Free-cash
44 881
31 759
52 479
37 084

Estimated living cost  is ₽36678 per week

₽24530
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3868
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7732
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69750
₽63452
₽64731
₽65877
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 386
social contributions
-
-
-
15 106
health
-
-
-
3 494
total
-
-
-
41 986
Employee
71 793
71 793
126 621
-
social contributions
3 489
5 958
8 037
-
income
7 539
6 646
22 696
-
health
714
1 221
2 153
-
total
11 742
13 825
32 886
-
Employer
71 793
71 793
126 621
-
health
778
1 329
2 342
-
social contributions
3 489
5 958
8 037
-
total
4 267
7 287
10 379
-
Corporate
90 709
57 919
-
-
income
11 339
7 239
-
-
total
11 339
7 239
-
-
Dividends
79 370
50 680
-
-
withholding
13 492
8 616
-
-
total
13 492
8 616
-
-
Income
137 000
137 000
137 000
137 000
Total tax
40 840
36 967
43 265
41 986
After tax
96 160
100 033
93 735
95 014
Living cost
30 283
30 283
30 283
30 283
Free-cash
65 877
69 750
63 452
64 731

Estimated living cost  is ₽30283 per week

₽20701
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2365
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.
₽6708
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60290
₽62697
₽78184
₽60637
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

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

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

The minimum wage is 138,000 HUF per month.

24 139
9 607
114 644
-
unemployment
362
144
1 720
-
pensions
2 414
961
11 464
-
income
2 951
1 174
14 015
-
health
1 690
672
8 025
-
total
7 417
2 951
35 224
-
Employer

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

The minimum wage is 138,000 HUF per month.

24 139
9 607
114 644
-
pensions
4 707
1 873
22 356
-
total
4 707
1 873
22 356
-
Corporate
108 153
125 519
-
-
income
9 734
11 297
-
-
total
9 734
11 297
-
-
Dividends
98 420
114 223
-
-
social contributions
19 082
22 164
-
-
withholding
18 700
21 702
-
-
total
37 782
43 866
-
-
Income
137 000
137 000
137 000
137 000
Total tax
59 640
59 987
57 580
42 093
After tax
77 360
77 013
79 420
94 907
Living cost
16 723
16 723
16 723
16 723
Free-cash
60 637
60 290
62 697
78 184

Estimated living cost  is ₽16723 per week

₽11412
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1368
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽334
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3609
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87048
₽56413
₽50881
₽81248
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
17 810
pensions
-
-
-
27 401
total
-
-
-
63 568
Employee
26 486
-
102 392
-
unemployment
423
-
1 639
-
pensions
530
-
2 048
-
income
2 982
-
19 741
-
total
3 935
-
23 428
-
Employer
26 486
-
102 392
-
health
3 443
-
13 311
-
pensions
5 298
-
20 478
-
unemployment
213
-
819
-
total
8 954
-
34 608
-
Corporate
101 561
137 000
-
-
income
20 312
27 401
-
-
total
20 312
27 401
-
-
Dividends
81 249
109 599
-
-
total
-
-
-
-
Income
137 000
137 000
137 000
137 000
Total tax
33 201
27 401
58 036
63 568
After tax
103 799
109 599
78 964
73 432
Living cost
22 551
22 551
22 551
22 551
Free-cash
81 248
87 048
56 413
50 881

Estimated living cost  is ₽22551 per week

₽15468
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1343
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.
₽5287
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9743
₽52527
₽72922
₽7901
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 000
accident
-
-
-
239
income
-
-
-
36 641
other
-
-
-
351
health
-
-
-
2 066
pensions
-
-
-
3 941
total
-
-
-
43 238
Employee
32 783
-
121 556
-
pensions
3 691
-
7 227
-
income
4 498
-
27 044
-
health
3 754
-
13 918
-
total
11 943
-
48 189
-
Employer
32 783
-
121 556
-
pensions
5 331
-
10 436
-
accident
547
-
2 030
-
unemployment
803
-
2 978
-
total
6 681
-
15 444
-
Corporate
97 536
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.

87 782
123 300
-
-
total
87 782
123 300
-
-
Dividends
9 754
13 700
-
-
withholding
1 853
2 603
-
-
total
1 853
2 603
-
-
Income
137 000
137 000
137 000
137 000
Total tax
108 259
125 903
63 633
43 238
After tax
28 741
11 097
73 367
93 762
Living cost
20 840
20 840
20 840
20 840
Free-cash
7 901
-9 743
52 527
72 922

Estimated living cost  is ₽20840 per week

₽15274
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1155
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽435
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3977
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽122627
₽102077
₽128107
₽121216
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 404
-
137 000
-
income
1 881
-
27 400
-
total
1 881
-
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%.

127 596
137 000
-
-
total
-
-
-
-
Dividends
127 596
137 000
-
-
withholding
6 380
6 850
-
-
total
6 380
6 850
-
-
Income
137 000
137 000
137 000
137 000
Total tax
8 261
6 850
27 400
1 370
After tax
128 739
130 150
109 600
135 630
Living cost
7 523
7 523
7 523
7 523
Free-cash
121 216
122 627
102 077
128 107

Estimated living cost  is ₽7523 per week

₽4662
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽625
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽207
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2029
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75776
₽53425
₽47761
₽69472
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
18 946
other
-
-
-
6 508
health
-
-
-
6 028
pensions

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

-
-
-
32 879
total
-
-
-
64 361
Employee
33 900
-
109 424
-
unemployment
338
-
1 095
-
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.

2 372
-
7 659
-
income
5 836
-
20 834
-
health
475
-
1 533
-
total
9 021
-
31 121
-
Employer
33 900
-
109 424
-
health
475
-
1 533
-
pensions

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

5 764
-
18 602
-
accident
271
-
875
-
unemployment
338
-
1 095
-
other
1 696
-
5 471
-
total
8 544
-
27 576
-
Corporate
94 557
137 000
-
-
income
19 856
28 770
-
-
total
19 856
28 770
-
-
Dividends
74 700
108 230
-
-
withholding
5 229
7 576
-
-
total
5 229
7 576
-
-
Income
137 000
137 000
137 000
137 000
Total tax
42 650
36 346
58 697
64 361
After tax
94 350
100 654
78 303
72 639
Living cost
24 878
24 878
24 878
24 878
Free-cash
69 472
75 776
53 425
47 761

Estimated living cost  is ₽24878 per week

₽17578
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1680
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽400
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5220
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30000
₽17692
₽30249
₽27051
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
36 161
pensions
-
-
-
7 873
total
-
-
-
44 034
Employee
88 735
-
119 939
-
pensions
8 561
-
9 891
-
income
15 995
-
27 790
-
health
1 462
-
1 849
-
total
26 018
-
39 530
-
Employer
88 735
-
119 939
-
health
1 685
-
2 278
-
pensions
10 477
-
14 783
-
total
12 162
-
17 061
-
Corporate
36 103
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.

6 859
26 031
-
-
total
6 859
26 031
-
-
Dividends
29 244
110 969
-
-
withholding
2 193
18 252
-
-
total
2 193
18 252
-
-
Income
137 000
137 000
137 000
137 000
Total tax
47 232
44 283
56 591
44 034
After tax
89 768
92 717
80 409
92 966
Living cost
62 717
62 717
62 717
62 717
Free-cash
27 051
30 000
17 692
30 249

Estimated living cost  is ₽62717 per week

₽46995
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7369
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽510
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7844
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽104891
₽100571
₽95497
₽100552
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 000
income
-
-
-
20 550
unemployment
-
-
-
130
health
-
-
-
3 751
pensions

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

-
-
-
4 828
total
-
-
-
29 259
Employee
16 213
-
130 600
-
accident

We are using the highest rate at 1.1%.

179
-
359
-
pensions

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

1 423
-
2 864
-
income
1 621
-
13 060
-
health
746
-
1 501
-
total
3 969
-
17 784
-
Employer
16 213
-
130 600
-
health
1 119
-
2 251
-
pensions

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

1 787
-
3 595
-
accident

We are using the highest rate at 1.1%.

179
-
359
-
unemployment
97
-
196
-
total
3 182
-
6 401
-
Corporate
117 606
137 000
-
-
income
11 760
13 700
-
-
total
11 760
13 700
-
-
Dividends
105 846
123 300
-
-
withholding
5 293
6 165
-
-
total
5 293
6 165
-
-
Income
137 000
137 000
137 000
137 000
Total tax
24 204
19 865
24 185
29 259
After tax
112 796
117 135
112 815
107 741
Living cost
12 244
12 244
12 244
12 244
Free-cash
100 552
104 891
100 571
95 497

Estimated living cost  is ₽12244 per week

₽7148
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽874
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽324
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3897
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15647
₽30841
₽25775
₽17994
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
37 001
health
-
-
-
11 513
pensions
-
-
-
10 939
total
-
-
-
59 453
Employee
86 561
79 730
119 649
-
pensions
10 939
10 939
10 939
-
income

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

13 051
13 051
14 583
-
health
10 799
10 409
11 513
-
total
34 789
34 399
37 035
-
Employer
86 561
79 730
119 649
-
health
6 015
5 542
6 887
-
pensions
6 024
5 549
6 898
-
unemployment
3 117
2 870
3 567
-
total
15 156
13 961
17 352
-
Corporate
35 283
43 308
-
-
income
7 057
8 662
-
-
total
7 057
8 662
-
-
Dividends
28 226
34 646
-
-
income
5 997
7 362
-
-
withholding
4 235
5 197
-
-
total
10 232
12 559
-
-
Income
137 000
137 000
137 000
137 000
Total tax
67 234
69 581
54 387
59 453
After tax
69 766
67 419
82 613
77 547
Living cost
51 772
51 772
51 772
51 772
Free-cash
17 994
15 647
30 841
25 775

Estimated living cost  is ₽51772 per week

₽38191
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4624
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽594
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8365
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71509
₽46707
₽50009
₽63370
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 000
income
-
-
-
12 851
social contributions
-
-
-
32 830
solidarity contribution
-
-
-
-
health
-
-
-
18 495
total
-
-
-
64 176
Employee
33 551
-
102 239
-
solidarity contribution
-
-
-
-
social contributions
2 181
-
6 646
-
income
4 026
-
12 269
-
health
4 529
-
13 802
-
total
10 736
-
32 717
-
Employer
33 551
-
102 239
-
health
3 020
-
9 201
-
social contributions
8 388
-
25 560
-
total
11 408
-
34 761
-
Corporate
92 041
137 000
-
-
income
17 488
26 030
-
-
total
17 488
26 030
-
-
Dividends
74 553
110 970
-
-
withholding
11 183
16 646
-
-
total
11 183
16 646
-
-
Income
137 000
137 000
137 000
137 000
Total tax
50 815
42 676
67 478
64 176
After tax
86 185
94 324
69 522
72 824
Living cost
22 815
22 815
22 815
22 815
Free-cash
63 370
71 509
46 707
50 009

Estimated living cost  is ₽22815 per week

₽15848
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1623
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4896
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33696
₽21296
₽27685
₽28823
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 000
social contributions
-
-
-
35 237
regional
-
-
-
1 588
municipal
-
-
-
813
national
-
-
-
32 280
total
-
-
-
69 918
Employee
82 977
-
137 000
-
municipal
439
-
726
-
national
14 378
-
27 985
-
regional
783
-
1 400
-
social contributions
27 980
-
46 196
-
total
43 580
-
76 307
-
Employer
82 977
-
137 000
-
total
-
-
-
-
Corporate
54 023
137 000
-
-
municipal
2 107
5 344
-
-
nationa
12 966
32 881
-
-
total
15 073
38 225
-
-
Dividends
38 950
98 776
-
-
withholding
10 127
25 682
-
-
total
10 127
25 682
-
-
Income
137 000
137 000
137 000
137 000
Total tax
68 780
63 907
76 307
69 918
After tax
68 220
73 093
60 693
67 082
Living cost
39 397
39 397
39 397
39 397
Free-cash
28 823
33 696
21 296
27 685

Estimated living cost  is ₽39397 per week

₽27463
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2583
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽604
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8746
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65570
₽40532
₽44408
₽62665
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
33 247
other
-
-
-
-
surtax
-
-
-
4 761
unemployment
-
-
-
213
health
-
-
-
8 846
pensions
-
-
-
24 922
total
-
-
-
71 989
Employee
30 875
-
113 175
-
other
-
-
-
-
unemployment
2 149
-
7 877
-
pensions
2 059
-
7 550
-
surtax
101
-
4 150
-
income
5 175
-
29 576
-
health
788
-
2 886
-
total
10 272
-
52 039
-
Employer
30 875
-
113 175
-
health
1 405
-
5 151
-
pensions
4 116
-
15 087
-
unemployment
978
-
3 588
-
other
-
-
-
-
total
6 499
-
23 826
-
Corporate
99 626
137 000
-
-
income
25 903
35 620
-
-
total
25 903
35 620
-
-
Dividends
73 722
101 380
-
-
withholding
11 058
15 207
-
-
total
11 058
15 207
-
-
Income
137 000
137 000
137 000
137 000
Total tax
53 732
50 827
75 865
71 989
After tax
83 268
86 173
61 135
65 011
Living cost
20 603
20 603
20 603
20 603
Free-cash
62 665
65 570
40 532
44 408

Estimated living cost  is ₽20603 per week

₽12597
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1901
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5629
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49870
₽37562
₽50119
₽52422
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
36 161
pensions
-
-
-
7 873
total
-
-
-
44 034
Employee
59 468
-
119 939
-
pensions
5 047
-
9 891
-
income
10 710
-
27 790
-
health
863
-
1 849
-
total
16 620
-
39 530
-
Employer
59 468
-
119 939
-
health
1 130
-
2 278
-
pensions
6 437
-
14 783
-
total
7 567
-
17 061
-
Corporate
69 965
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.

13 294
26 031
-
-
total
13 294
26 031
-
-
Dividends
56 671
110 969
-
-
withholding
4 250
18 252
-
-
total
4 250
18 252
-
-
Income
137 000
137 000
137 000
137 000
Total tax
41 731
44 283
56 591
44 034
After tax
95 269
92 717
80 409
92 966
Living cost
42 847
42 847
42 847
42 847
Free-cash
52 422
49 870
37 562
50 119

Estimated living cost  is ₽42847 per week

₽32100
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3211
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.
₽7086
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

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

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

Source of data for Cambridge model

Close
Zurich , Switzerland
-₽11183
₽31853
₽38507
₽20408
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 000
other

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

-
-
-
2 740
regional
-
-
-
5 965
health
-
-
-
309
city
-
-
-
1 445
national
-
-
-
1 599
pensions
-
-
-
12 606
total
-
-
-
24 664
Employee
86 398
-
122 623
-
unemployment
-
-
-
-
pensions
7 259
-
10 300
-
national
409
-
1 282
-
regional
2 829
-
5 112
-
city
927
-
1 318
-
health
195
-
277
-
total
11 619
-
18 289
-
Employer
86 398
-
122 623
-
health
195
-
277
-
pensions
7 259
-
10 300
-
unemployment
-
-
-
-
other

This will depend on a canton and a chosen fund. The rate is between 0.1% and 3.63% for an employee. We use 2% as an average rate.

1 727
-
2 452
-
total
9 181
-
13 029
-
Corporate
40 470
137 000
-
-
regional
8 559
28 976
-
-
national
3 440
11 645
-
-
total
11 999
40 621
-
-
Dividends
28 471
96 380
-
-
withholding
9 964
33 733
-
-
total
9 964
33 733
-
-
Income
137 000
137 000
137 000
137 000
Total tax
42 763
74 354
31 318
24 664
After tax
94 237
62 646
105 682
112 336
Living cost
73 829
73 829
73 829
73 829
Free-cash
20 408
-11 183
31 853
38 507

Estimated living cost  is ₽73829 per week

₽48010
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6625
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽906
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18287
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽24961
₽46386
₽30335
₽40102
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
137 000
income

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

-
-
-
39 303
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.

-
-
-
2 162
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.

-
-
-
6 378
trade
-
-
-
16 051
total
-
-
-
63 894
Employee

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

56 111
-
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.

363
-
2 162
-
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.

6 598
-
39 303
-
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.

6 378
-
6 378
-
total
13 339
-
47 843
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
80 889
137 000
-
-
income
12 133
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.

668
1 130
-
-
chamber of commerce
255
335
-
-
trade
13 873
23 496
-
-
total
26 929
45 512
-
-
Dividends
53 960
91 488
-
-
surtax

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

723
1 238
-
-
withholding
13 136
22 518
-
-
total
13 859
23 756
-
-
Income
137 000
137 000
137 000
137 000
Total tax
54 127
69 268
47 843
63 894
After tax
82 873
67 732
89 157
73 106
Living cost
42 771
42 771
42 771
42 771
Free-cash
40 102
24 961
46 386
30 335

Estimated living cost  is ₽42771 per week

₽31238
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3421
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.
₽7557
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37105
₽46417
₽45706
₽42621
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
19 220
other
-
-
-
4 247
surtax
-
-
-
-
social contributions
-
-
-
3 903
health
-
-
-
4 936
pensions
-
-
-
27 045
total
-
-
-
59 351
Employee
39 959
-
107 691
-
pensions
4 518
-
6 798
-
surtax
-
-
-
-
social contributions
1 139
-
3 069
-
income
2 358
-
19 464
-
total
8 015
-
29 331
-
Employer
39 959
-
107 691
-
health
2 798
-
9 149
-
pensions
6 564
-
11 569
-
unemployment
1 618
-
4 362
-
social contributions
120
-
322
-
other
1 378
-
3 907
-
total
12 478
-
29 309
-
Corporate
84 562
137 000
-
-
income
23 678
38 361
-
-
surtax
-
-
-
-
total
23 678
38 361
-
-
Dividends
60 884
98 639
-
-
surtax
-
-
-
-
social contributions
10 471
16 965
-
-
withholding
7 794
12 626
-
-
total
18 265
29 591
-
-
Income
137 000
137 000
137 000
137 000
Total tax
62 436
67 952
58 640
59 351
After tax
74 564
69 048
78 360
77 649
Living cost
31 943
31 943
31 943
31 943
Free-cash
42 621
37 105
46 417
45 706

Estimated living cost  is ₽31943 per week

₽20142
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2597
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽544
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8662
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40270
₽49582
₽48871
₽45461
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
19 220
other
-
-
-
4 247
surtax
-
-
-
-
social contributions
-
-
-
3 903
health
-
-
-
4 936
pensions
-
-
-
27 045
total
-
-
-
59 351
Employee
35 669
-
107 691
-
pensions
4 034
-
6 798
-
surtax
-
-
-
-
social contributions
1 017
-
3 069
-
income
1 839
-
19 464
-
total
6 890
-
29 331
-
Employer
35 669
-
107 691
-
health
2 496
-
9 149
-
pensions
5 861
-
11 569
-
unemployment
1 444
-
4 362
-
social contributions
106
-
322
-
other
1 231
-
3 907
-
total
11 138
-
29 309
-
Corporate
90 192
137 000
-
-
income
25 253
38 361
-
-
surtax
-
-
-
-
total
25 253
38 361
-
-
Dividends
64 939
98 639
-
-
surtax
-
-
-
-
social contributions
11 169
16 965
-
-
withholding
8 311
12 626
-
-
total
19 480
29 591
-
-
Income
137 000
137 000
137 000
137 000
Total tax
62 761
67 952
58 640
59 351
After tax
74 239
69 048
78 360
77 649
Living cost
28 778
28 778
28 778
28 778
Free-cash
45 461
40 270
49 582
48 871

Estimated living cost  is ₽28778 per week

₽16690
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2923
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽546
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8620
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63784
₽66164
₽68182
₽64267
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 000
income
-
-
-
20 551
social contributions
-
-
-
18 907
health
-
-
-
9 562
total
-
-
-
49 020
Employee
31 656
-
137 000
-
social contributions
4 369
-
18 907
-
income
5 280
-
22 569
-
health
2 209
-
9 562
-
total
11 858
-
51 038
-
Employer
31 656
-
137 000
-
total
-
-
-
-
Corporate
105 344
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%.

5 268
6 850
-
-
total
5 268
6 850
-
-
Dividends
100 076
130 150
-
-
social contributions
13 811
17 961
-
-
withholding
15 012
19 523
-
-
health
6 986
9 084
-
-
total
35 809
46 568
-
-
Income
137 000
137 000
137 000
137 000
Total tax
52 935
53 418
51 038
49 020
After tax
84 065
83 582
85 962
87 980
Living cost
19 798
19 798
19 798
19 798
Free-cash
64 267
63 784
66 164
68 182

Estimated living cost  is ₽19798 per week

₽13249
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1221
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4871
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43168
₽3051
₽37130
₽41721
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 000
income
-
-
-
31 993
surtax
-
-
-
184
unemployment
-
-
-
5 726
chamber of commerce
-
-
-
547
health
-
-
-
8 343
pensions
-
-
-
20 179
total
-
-
-
66 972
Employee
46 660
37 207
106 237
-
other
466
372
1 063
-
unemployment
1 400
1 116
3 187
-
pensions
4 778
3 809
10 879
-
income
5 312
2 744
25 377
-
health
1 805
1 440
4 111
-
total
13 761
9 481
44 617
-
Employer
46 660
37 207
106 237
-
chamber of commerce
186
149
425
-
health
1 763
1 407
4 017
-
pensions
5 856
4 670
13 333
-
accident
606
484
1 380
-
unemployment
1 400
1 116
3 187
-
surtax
184
184
184
-
payroll
1 400
1 116
3 187
-
other
2 216
1 766
5 046
-
total
13 611
10 892
30 759
-
Corporate
76 729
88 900
102 697
-
income

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

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

19 183
22 225
25 675
-
total
19 183
22 225
25 675
-
Dividends
57 546
66 675
-
-
withholding
15 826
18 336
-
-
total
15 826
18 336
-
-
Income
137 000
137 000
137 000
137 000
Total tax
62 381
60 934
101 051
66 972
After tax
74 619
76 066
35 949
70 028
Living cost
32 898
32 898
32 898
32 898
Free-cash
41 721
43 168
3 051
37 130

Estimated living cost  is ₽32898 per week

₽21942
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2806
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.
₽7610
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42634
₽15722
₽25981
₽28631
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 000
communal

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

-
-
-
6 933
social contributions
-
-
-
21 448
national
-
-
-
48 596
total
-
-
-
76 977
Employee

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

66 785
-
106 111
-
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.

581
-
923
-
communal

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

3 483
-
5 535
-
pensions

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

5 009
-
7 959
-
national
20 532
-
36 942
-
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.

3 138
-
4 988
-
total
32 743
-
56 347
-
Employer

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

66 785
-
106 111
-
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.

4 107
-
6 525
-
pensions

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

5 918
-
9 401
-
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.

868
-
1 380
-
unemployment

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

974
-
1 549
-
surtax
7 573
-
12 034
-
total
19 440
-
30 889
-
Corporate
50 775
137 000
-
-
income
10 156
27 401
-
-
surtax
204
547
-
-
total
10 360
27 948
-
-
Dividends
40 416
109 052
-
-
withholding

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

11 784
32 376
-
-
total
11 784
32 376
-
-
Income
137 000
137 000
137 000
137 000
Total tax
74 327
60 324
87 236
76 977
After tax
62 673
76 676
49 764
60 023
Living cost
34 042
34 042
34 042
34 042
Free-cash
28 631
42 634
15 722
25 981

Estimated living cost  is ₽34042 per week

₽21928
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2977
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽533
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8606
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57931
₽39365
₽43472
₽51050
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 000
accident
-
-
-
780
income
-
-
-
33 847
other
-
-
-
87
unemployment
-
-
-
606
pensions
-
-
-
24 490
total
-
-
-
59 810
Employee
46 475
-
109 412
-
other
46
-
87
-
unemployment
721
-
1 341
-
pensions
2 185
-
4 068
-
income
9 806
-
30 833
-
total
12 758
-
36 329
-
Employer
46 475
-
109 412
-
pensions
10 967
-
20 423
-
accident
920
-
1 713
-
unemployment
2 557
-
4 759
-
other
370
-
693
-
total
14 814
-
27 588
-
Corporate
75 711
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.

11 357
20 551
-
-
total
11 357
20 551
-
-
Dividends
64 354
116 449
-
-
withholding
13 303
24 800
-
-
total
13 303
24 800
-
-
Income
137 000
137 000
137 000
137 000
Total tax
52 232
45 351
63 917
59 810
After tax
84 768
91 649
73 083
77 190
Living cost
33 718
33 718
33 718
33 718
Free-cash
51 050
57 931
39 365
43 472

Estimated living cost  is ₽33718 per week

₽24830
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2392
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.
₽6010
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30895
₽25534
₽20073
₽20407
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 000
communal
-
-
-
8 659
accident
-
-
-
1 155
income
-
-
-
19 425
surtax
-
-
-
6 791
health
-
-
-
9 624
pensions
-
-
-
20 535
total
-
-
-
66 189
Employee
70 705
-
122 374
-
pensions
5 656
-
9 789
-
surtax
4 334
-
7 500
-
income
6 829
-
23 369
-
health
3 147
-
5 446
-
total
19 966
-
46 104
-
Employer
70 705
-
122 374
-
health
2 156
-
3 733
-
pensions
5 656
-
9 789
-
accident
636
-
1 102
-
total
8 448
-
14 624
-
Corporate
57 847
137 000
-
-
communal
3 905
9 247
-
-
income
8 676
20 551
-
-
surtax
608
1 439
-
-
total
13 189
31 237
-
-
Dividends
44 658
105 764
-
-
income
17 553
8 265
-
-
withholding
6 699
15 865
-
-
total
24 252
24 130
-
-
Income
137 000
137 000
137 000
137 000
Total tax
65 855
55 367
60 728
66 189
After tax
71 145
81 633
76 272
70 811
Living cost
50 738
50 738
50 738
50 738
Free-cash
20 407
30 895
25 534
20 073

Estimated living cost  is ₽50738 per week

₽38061
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3074
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽537
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9064
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Luxembourg model

Close
Athens , Greece
₽65202
₽40164
₽44040
₽62232
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
33 247
other
-
-
-
-
surtax
-
-
-
4 761
unemployment
-
-
-
213
health
-
-
-
8 846
pensions
-
-
-
24 922
total
-
-
-
71 989
Employee
31 442
-
113 175
-
other
-
-
-
-
unemployment
2 188
-
7 877
-
pensions
2 098
-
7 550
-
surtax
112
-
4 150
-
income
5 271
-
29 576
-
health
803
-
2 886
-
total
10 472
-
52 039
-
Employer
31 442
-
113 175
-
health
1 430
-
5 151
-
pensions
4 192
-
15 087
-
unemployment
998
-
3 588
-
other
-
-
-
-
total
6 620
-
23 826
-
Corporate
98 939
137 000
-
-
income
25 724
35 620
-
-
total
25 724
35 620
-
-
Dividends
73 214
101 380
-
-
withholding
10 981
15 207
-
-
total
10 981
15 207
-
-
Income
137 000
137 000
137 000
137 000
Total tax
53 797
50 827
75 865
71 989
After tax
83 203
86 173
61 135
65 011
Living cost
20 971
20 971
20 971
20 971
Free-cash
62 232
65 202
40 164
44 040

Estimated living cost  is ₽20971 per week

₽12661
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1823
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽487
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6001
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46858
₽35099
₽41454
₽44786
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 000
social contributions
-
-
-
35 237
regional
-
-
-
2 065
municipal
-
-
-
813
national
-
-
-
32 280
total
-
-
-
70 395
Employee
51 791
-
137 000
-
municipal
275
-
726
-
national
8 205
-
27 985
-
regional
697
-
1 843
-
social contributions
17 464
-
46 196
-
total
26 641
-
76 750
-
Employer
51 791
-
137 000
-
total
-
-
-
-
Corporate
85 209
137 000
-
-
municipal
4 235
6 809
-
-
nationa
20 450
32 881
-
-
total
24 685
39 690
-
-
Dividends
60 525
97 310
-
-
withholding
15 737
25 301
-
-
total
15 737
25 301
-
-
Income
137 000
137 000
137 000
137 000
Total tax
67 063
64 991
76 750
70 395
After tax
69 937
72 009
60 250
66 605
Living cost
25 151
25 151
25 151
25 151
Free-cash
44 786
46 858
35 099
41 454

Estimated living cost  is ₽25151 per week

₽15641
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2548
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽431
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6531
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Naples model

Close
Prague , Czech Republic
₽66210
₽41408
₽44710
₽56182
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 000
income
-
-
-
12 851
social contributions
-
-
-
32 830
solidarity contribution
-
-
-
-
health
-
-
-
18 495
total
-
-
-
64 176
Employee
41 344
-
102 239
-
solidarity contribution
-
-
-
-
social contributions
2 687
-
6 646
-
income
4 961
-
12 269
-
health
5 581
-
13 802
-
total
13 229
-
32 717
-
Employer
41 344
-
102 239
-
health
3 721
-
9 201
-
social contributions
10 336
-
25 560
-
total
14 057
-
34 761
-
Corporate
81 599
137 000
-
-
income
15 504
26 030
-
-
total
15 504
26 030
-
-
Dividends
66 095
110 970
-
-
withholding
9 914
16 646
-
-
total
9 914
16 646
-
-
Income
137 000
137 000
137 000
137 000
Total tax
52 704
42 676
67 478
64 176
After tax
84 296
94 324
69 522
72 824
Living cost
28 114
28 114
28 114
28 114
Free-cash
56 182
66 210
41 408
44 710

Estimated living cost  is ₽28114 per week

₽20907
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1557
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5163
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46380
₽6193
₽40425
₽45914
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 000
income
-
-
-
31 993
surtax
-
-
-
-
unemployment
-
-
-
5 726
chamber of commerce
-
-
-
547
health
-
-
-
8 343
pensions
-
-
-
20 179
total
-
-
-
66 788
Employee
40 813
37 207
106 384
-
other
408
372
1 063
-
unemployment
1 224
1 116
3 191
-
pensions
4 180
3 809
10 893
-
income
3 636
2 744
25 429
-
health
1 579
1 440
4 118
-
total
11 027
9 481
44 694
-
Employer
40 813
37 207
106 384
-
chamber of commerce
163
149
425
-
health
1 543
1 407
4 022
-
pensions
5 122
4 670
13 350
-
accident
530
484
1 384
-
unemployment
1 224
1 116
3 191
-
surtax
-
-
-
-
payroll
1 224
1 116
3 191
-
other
1 938
1 766
5 053
-
total
11 744
10 708
30 616
-
Corporate
84 442
89 084
102 840
-
income

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

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

21 111
22 271
25 710
-
total
21 111
22 271
25 710
-
Dividends
63 332
66 813
-
-
withholding
17 417
18 373
-
-
total
17 417
18 373
-
-
Income
137 000
137 000
137 000
137 000
Total tax
61 299
60 833
101 020
66 788
After tax
75 701
76 167
35 980
70 212
Living cost
29 787
29 787
29 787
29 787
Free-cash
45 914
46 380
6 193
40 425

Estimated living cost  is ₽29787 per week

₽17868
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3042
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽532
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8345
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽118426
₽97876
₽123906
₽116228
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
137 000
microenterprise

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

-
-
-
1 370
total
-
-
-
1 370
Employee
14 655
-
137 000
-
income
2 931
-
27 400
-
total
2 931
-
27 400
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

122 345
137 000
-
-
total
-
-
-
-
Dividends
122 345
137 000
-
-
withholding
6 117
6 850
-
-
total
6 117
6 850
-
-
Income
137 000
137 000
137 000
137 000
Total tax
9 048
6 850
27 400
1 370
After tax
127 952
130 150
109 600
135 630
Living cost
11 724
11 724
11 724
11 724
Free-cash
116 228
118 426
97 876
123 906

Estimated living cost  is ₽11724 per week

₽7934
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽492
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.
₽2905
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69282
₽39633
₽43262
₽61470
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

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

-
-
-
137 000
income
-
-
-
29 989
unemployment
-
-
-
206
health
-
-
-
13 481
pensions
-
-
-
25 019
total
-
-
-
68 695
Employee

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

41 286
-
118 543
-
unemployment
58
-
167
-
pensions
6 400
-
18 373
-
income
7 120
-
27 669
-
health
2 667
-
7 658
-
total
16 245
-
53 867
-
Employer

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

41 286
-
118 543
-
health
2 750
-
7 895
-
pensions
3 653
-
10 491
-
unemployment
25
-
71
-
total
6 428
-
18 457
-
Corporate
89 286
137 000
-
-
income
16 965
26 029
-
-
total
16 965
26 029
-
-
Dividends
72 321
110 971
-
-
withholding
10 849
16 646
-
-
total
10 849
16 646
-
-
Income
137 000
137 000
137 000
137 000
Total tax
50 487
42 675
72 324
68 695
After tax
86 513
94 325
64 676
68 305
Living cost
25 043
25 043
25 043
25 043
Free-cash
61 470
69 282
39 633
43 262

Estimated living cost  is ₽25043 per week

₽17186
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1605
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽5767
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43466
₽84955
₽54793
-₽828
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 000
income
-
-
-
26 704
social contributions
-
-
-
15 618
total
-
-
-
42 322
Employee
57 190
-
-
-
social contributions
4 690
-
668
-
income
12 615
-
-
-
total
17 305
-
668
-
Employer
57 190
-
-
-
social contributions
80 638
-
11 492
-
total
80 638
-
11 492
-
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
97 943
53 649
12 160
42 322
After tax
39 057
83 351
124 840
94 678
Living cost
39 885
39 885
39 885
39 885
Free-cash
-828
43 466
84 955
54 793

Estimated living cost  is ₽39885 per week

₽25879
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3751
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9747
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48639
₽35461
₽45034
₽47698
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
137 000
income
-
-
-
15 072
surtax
-
-
-
-
social contributions

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

-
-
-
47 608
total
-
-
-
62 680
Employee
42 941
-
110 707
-
surtax
-
-
-
-
social contributions
4 724
-
12 177
-
income
8 932
-
33 783
-
total
13 656
-
45 960
-
Employer
42 941
-
110 707
-
social contributions
10 198
-
26 293
-
total
10 198
-
26 293
-
Corporate
83 861
137 000
-
-
income
17 611
28 770
-
-
surtax
-
-
-
-
total
17 611
28 770
-
-
Dividends
66 249
108 230
-
-
withholding
18 551
30 305
-
-
total
18 551
30 305
-
-
Income
137 000
137 000
137 000
137 000
Total tax
60 016
59 075
72 253
62 680
After tax
76 984
77 925
64 747
74 320
Living cost
29 286
29 286
29 286
29 286
Free-cash
47 698
48 639
35 461
45 034

Estimated living cost  is ₽29286 per week

₽21912
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1727
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.
₽5158
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23954
₽33266
₽32555
₽30373
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
19 220
other
-
-
-
4 247
surtax
-
-
-
-
social contributions
-
-
-
3 903
health
-
-
-
4 936
pensions
-
-
-
27 045
total
-
-
-
59 351
Employee
58 476
-
107 691
-
pensions
6 614
-
6 798
-
surtax
-
-
-
-
social contributions
1 665
-
3 069
-
income
5 102
-
19 464
-
total
13 381
-
29 331
-
Employer
58 476
-
107 691
-
health
4 093
-
9 149
-
pensions
9 608
-
11 569
-
unemployment
2 369
-
4 362
-
social contributions
175
-
322
-
other
2 018
-
3 907
-
total
18 263
-
29 309
-
Corporate
60 260
137 000
-
-
income
16 873
38 361
-
-
surtax
-
-
-
-
total
16 873
38 361
-
-
Dividends
43 387
98 639
-
-
surtax
-
-
-
-
social contributions
7 463
16 965
-
-
withholding
5 553
12 626
-
-
total
13 016
29 591
-
-
Income
137 000
137 000
137 000
137 000
Total tax
61 533
67 952
58 640
59 351
After tax
75 467
69 048
78 360
77 649
Living cost
45 094
45 094
45 094
45 094
Free-cash
30 373
23 954
33 266
32 555

Estimated living cost  is ₽45094 per week

₽30519
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3689
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.
₽10267
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95236
₽77420
₽73779
₽92097
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 000
income
-
-
-
5 016
social contributions
-
-
-
30 140
total
-
-
-
35 156
Employee
30 016
-
118 614
-
income
-
-
5 422
-
social contributions
1 951
-
7 709
-
total
1 951
-
13 131
-
Employer
30 016
-
118 614
-
social contributions
4 653
-
18 384
-
total
4 653
-
18 384
-
Corporate
102 331
137 000
-
-
income
10 234
13 699
-
-
total
10 234
13 699
-
-
Dividends
92 098
123 301
-
-
total
-
-
-
-
Income
137 000
137 000
137 000
137 000
Total tax
16 838
13 699
31 515
35 156
After tax
120 162
123 301
105 485
101 844
Living cost
28 065
28 065
28 065
28 065
Free-cash
92 097
95 236
77 420
73 779

Estimated living cost  is ₽28065 per week

₽18147
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2116
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7275
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽66433
-₽66433
₽37420
-₽66433
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 000
labour market
-
-
-
10 895
municipal
-
-
-
27 722
national
-
-
-
15 187
pensions
-
-
-
809
total
-
-
-
54 613
Employee
189 796
189 796
189 796
-
municipal
40 416
40 416
40 416
-
labour market
15 162
15 162
15 162
-
pensions
270
270
270
-
national
23 187
23 187
23 187
-
total
79 035
79 035
79 035
-
Employer
189 796
189 796
189 796
-
national
23 227
23 227
23 227
-
labour market
15 184
15 184
15 184
-
pensions
540
540
540
-
municipal
40 480
40 480
40 480
-
total
79 431
79 431
79 431
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
137 000
137 000
137 000
137 000
Total tax
158 466
158 466
158 466
54 613
After tax
-21 466
-21 466
-21 466
82 387
Living cost
44 967
44 967
44 967
44 967
Free-cash
-66 433
-66 433
-66 433
37 420

Estimated living cost  is ₽44967 per week

₽30776
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3978
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽692
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9522
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9436
₽52834
₽73229
₽7948
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 000
accident
-
-
-
239
income
-
-
-
36 641
other
-
-
-
351
health
-
-
-
2 066
pensions
-
-
-
3 941
total
-
-
-
43 238
Employee
32 300
-
121 556
-
pensions
3 637
-
7 227
-
income
4 431
-
27 044
-
health
3 699
-
13 918
-
total
11 767
-
48 189
-
Employer
32 300
-
121 556
-
pensions
5 252
-
10 436
-
accident
539
-
2 030
-
unemployment
791
-
2 978
-
total
6 582
-
15 444
-
Corporate
98 118
137 000
-
-
income

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

88 306
123 300
-
-
total
88 306
123 300
-
-
Dividends
9 812
13 700
-
-
withholding
1 864
2 603
-
-
total
1 864
2 603
-
-
Income
137 000
137 000
137 000
137 000
Total tax
108 519
125 903
63 633
43 238
After tax
28 481
11 097
73 367
93 762
Living cost
20 533
20 533
20 533
20 533
Free-cash
7 948
-9 436
52 834
73 229

Estimated living cost  is ₽20533 per week

₽14946
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1171
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽385
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4031
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51707
₽37769
₽56509
₽53395
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
137 000
health
-
-
-
1 720
municipal
-
-
-
24 350
national
-
-
-
18 576
total
-
-
-
44 646
Employee
49 121
-
115 251
-
municipal
8 046
-
18 784
-
unemployment
737
-
1 729
-
pensions
3 315
-
7 780
-
national
811
-
11 959
-
health
367
-
1 386
-
total
13 276
-
41 638
-
Employer
49 121
-
115 251
-
health
377
-
888
-
pensions
8 522
-
19 996
-
accident
50
-
115
-
unemployment
319
-
749
-
total
9 268
-
21 748
-
Corporate
78 610
137 000
-
-
income
15 723
27 401
-
-
total
15 723
27 401
-
-
Dividends

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

47 166
82 200
-
-
municipal
8 490
14 796
-
-
national
1 003
7 251
-
-
total
9 493
22 047
-
-
Income
137 000
137 000
137 000
137 000
Total tax
47 760
49 448
63 386
44 646
After tax
89 240
87 552
73 614
92 354
Living cost
35 845
35 845
35 845
35 845
Free-cash
53 395
51 707
37 769
56 509

Estimated living cost  is ₽35845 per week

₽23414
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3448
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8414
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78416
₽72118
₽73397
₽73335
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 386
social contributions
-
-
-
15 106
health
-
-
-
3 494
total
-
-
-
41 986
Employee
71 793
71 793
126 621
-
social contributions
2 714
5 958
8 037
-
income
7 817
6 646
22 696
-
health
556
1 221
2 153
-
total
11 087
13 825
32 886
-
Employer
71 793
71 793
126 621
-
health
604
1 329
2 342
-
social contributions
2 714
5 958
8 037
-
total
3 318
7 287
10 379
-
Corporate
100 977
57 919
-
-
income
12 622
7 239
-
-
total
12 622
7 239
-
-
Dividends
88 355
50 680
-
-
withholding
15 021
8 616
-
-
total
15 021
8 616
-
-
Income
137 000
137 000
137 000
137 000
Total tax
42 048
36 967
43 265
41 986
After tax
94 952
100 033
93 735
95 014
Living cost
21 617
21 617
21 617
21 617
Free-cash
73 335
78 416
72 118
73 397

Estimated living cost  is ₽21617 per week

₽12955
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2121
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6063
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98625
₽80393
₽99119
₽93879
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
137 000
income
-
-
-
13 712
unemployment
-
-
-
27
health
-
-
-
3 379
pensions
-
-
-
5 939
total
-
-
-
23 057
Employee

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

21 431
-
127 875
-
unemployment
106
-
443
-
pensions
3 214
-
13 288
-
income
1 465
-
11 398
-
health
1 821
-
7 530
-
total
6 606
-
32 659
-
Employer

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

21 431
-
127 875
-
health
921
-
3 809
-
pensions
1 178
-
4 872
-
unemployment
106
-
443
-
total
2 205
-
9 124
-
Corporate
113 364
137 000
-
-
income
10 202
12 330
-
-
total
10 202
12 330
-
-
Dividends
103 162
124 670
-
-
withholding
9 284
11 221
-
-
total
9 284
11 221
-
-
Income
137 000
137 000
137 000
137 000
Total tax
28 297
23 551
41 783
23 057
After tax
108 703
113 449
95 217
113 943
Living cost
14 824
14 824
14 824
14 824
Free-cash
93 879
98 625
80 393
99 119

Estimated living cost  is ₽14824 per week

₽9458
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1068
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.
₽3855
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65975
₽47409
₽51516
₽61637
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 000
accident
-
-
-
780
income
-
-
-
33 847
other
-
-
-
87
unemployment
-
-
-
606
pensions
-
-
-
24 490
total
-
-
-
59 810
Employee
34 523
-
109 412
-
other
34
-
87
-
unemployment
535
-
1 341
-
pensions
1 623
-
4 068
-
income
6 656
-
30 833
-
total
8 848
-
36 329
-
Employer
34 523
-
109 412
-
pensions
8 147
-
20 423
-
accident
684
-
1 713
-
unemployment
1 899
-
4 759
-
other
276
-
693
-
total
11 006
-
27 588
-
Corporate
91 471
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.

13 721
20 551
-
-
total
13 721
20 551
-
-
Dividends
77 750
116 449
-
-
withholding
16 114
24 800
-
-
total
16 114
24 800
-
-
Income
137 000
137 000
137 000
137 000
Total tax
49 689
45 351
63 917
59 810
After tax
87 311
91 649
73 083
77 190
Living cost
25 674
25 674
25 674
25 674
Free-cash
61 637
65 975
47 409
51 516

Estimated living cost  is ₽25674 per week

₽17330
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2468
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5427
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83597
₽85913
₽86049
₽83285
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
46 681
health
-
-
-
1 000
pensions
-
-
-
1 379
total
-
-
-
49 060
Employee
2 880
-
135 448
-
unemployment
29
-
69
-
pensions
259
-
621
-
income
557
-
46 609
-
health
144
-
345
-
total
989
-
47 644
-
Employer
2 880
-
135 448
-
health
274
-
655
-
pensions
317
-
759
-
unemployment
58
-
138
-
total
649
-
1 552
-
Corporate
133 472
137 000
-
-
income
29 364
30 140
-
-
total
29 364
30 140
-
-
Dividends
104 108
106 860
-
-
withholding
20 822
21 372
-
-
total
20 822
21 372
-
-
Income
137 000
137 000
137 000
137 000
Total tax
51 824
51 512
49 196
49 060
After tax
85 176
85 488
87 804
87 940
Living cost
1 891
1 891
1 891
1 891
Free-cash
83 285
83 597
85 913
86 049

Estimated living cost  is ₽1891 per week

₽1124
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽153
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽43
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽571
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82836
₽64421
₽64421
₽78241
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
137 000
income
-
-
-
30 350
unemployment
-
-
-
1 035
health
-
-
-
7 107
pensions
-
-
-
17 940
total
-
-
-
56 432
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.

24 348
-
124 649
-
unemployment
183
-
517
-
pensions
3 409
-
9 660
-
income
3 356
-
30 350
-
health
1 254
-
3 554
-
total
8 202
-
44 081
-
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.

24 348
-
124 649
-
health
1 254
-
3 554
-
pensions
2 922
-
8 280
-
unemployment
183
-
517
-
total
4 359
-
12 351
-
Corporate
108 294
137 000
-
-
income
16 244
20 550
-
-
total
16 244
20 550
-
-
Dividends
92 050
116 450
-
-
withholding
13 807
17 468
-
-
total
13 807
17 468
-
-
Income
137 000
137 000
137 000
137 000
Total tax
42 612
38 018
56 432
56 432
After tax
94 388
98 982
80 568
80 568
Living cost
16 147
16 147
16 147
16 147
Free-cash
78 241
82 836
64 421
64 421

Estimated living cost  is ₽16147 per week

₽10871
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1249
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽467
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3559
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52754
₽39576
₽49149
₽52418
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
137 000
income
-
-
-
15 072
surtax
-
-
-
-
social contributions

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

-
-
-
47 608
total
-
-
-
62 680
Employee
36 237
-
110 707
-
surtax
-
-
-
-
social contributions
3 987
-
12 177
-
income
7 081
-
33 783
-
total
11 068
-
45 960
-
Employer
36 237
-
110 707
-
social contributions
8 606
-
26 293
-
total
8 606
-
26 293
-
Corporate
92 157
137 000
-
-
income
19 353
28 770
-
-
surtax
-
-
-
-
total
19 353
28 770
-
-
Dividends
72 804
108 230
-
-
withholding
20 384
30 305
-
-
total
20 384
30 305
-
-
Income
137 000
137 000
137 000
137 000
Total tax
59 411
59 075
72 253
62 680
After tax
77 589
77 925
64 747
74 320
Living cost
25 171
25 171
25 171
25 171
Free-cash
52 418
52 754
39 576
49 149

Estimated living cost  is ₽25171 per week

₽17828
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1749
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽446
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5149
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Porto model

Close
Madrid , Spain
₽58836
₽40270
₽44377
₽52276
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 000
accident
-
-
-
780
income
-
-
-
33 847
other
-
-
-
87
unemployment
-
-
-
606
pensions
-
-
-
24 490
total
-
-
-
59 810
Employee
45 091
-
109 412
-
other
44
-
87
-
unemployment
698
-
1 341
-
pensions
2 119
-
4 068
-
income
9 418
-
30 833
-
total
12 279
-
36 329
-
Employer
45 091
-
109 412
-
pensions
10 641
-
20 423
-
accident
893
-
1 713
-
unemployment
2 480
-
4 759
-
other
361
-
693
-
total
14 375
-
27 588
-
Corporate
77 533
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.

11 630
20 551
-
-
total
11 630
20 551
-
-
Dividends
65 903
116 449
-
-
withholding
13 627
24 800
-
-
total
13 627
24 800
-
-
Income
137 000
137 000
137 000
137 000
Total tax
51 911
45 351
63 917
59 810
After tax
85 089
91 649
73 083
77 190
Living cost
32 813
32 813
32 813
32 813
Free-cash
52 276
58 836
40 270
44 377

Estimated living cost  is ₽32813 per week

₽23565
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2551
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6235
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽101071
₽96751
₽91677
₽95378
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 000
income
-
-
-
20 550
unemployment
-
-
-
130
health
-
-
-
3 751
pensions

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

-
-
-
4 828
total
-
-
-
29 259
Employee
21 272
-
130 600
-
accident

We are using the highest rate at 1.1%.

234
-
359
-
pensions

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

1 867
-
2 864
-
income
2 128
-
13 060
-
health
979
-
1 501
-
total
5 208
-
17 784
-
Employer
21 272
-
130 600
-
health
1 468
-
2 251
-
pensions

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

2 344
-
3 595
-
accident

We are using the highest rate at 1.1%.

234
-
359
-
unemployment
128
-
196
-
total
4 174
-
6 401
-
Corporate
111 555
137 000
-
-
income
11 156
13 700
-
-
total
11 156
13 700
-
-
Dividends
100 399
123 300
-
-
withholding
5 020
6 165
-
-
total
5 020
6 165
-
-
Income
137 000
137 000
137 000
137 000
Total tax
25 558
19 865
24 185
29 259
After tax
111 442
117 135
112 815
107 741
Living cost
16 064
16 064
16 064
16 064
Free-cash
95 378
101 071
96 751
91 677

Estimated living cost  is ₽16064 per week

₽10625
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽920
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽383
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4137
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34505
₽53111
₽39681
₽46718
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
137 000
income

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

-
-
-
39 303
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.

-
-
-
2 162
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.

-
-
-
6 378
trade
-
-
-
13 430
total
-
-
-
61 273
Employee

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

46 455
-
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.

211
-
2 162
-
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.

3 820
-
39 303
-
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.

6 378
-
6 378
-
total
10 409
-
47 843
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
90 545
137 000
-
-
income
13 582
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.

748
1 130
-
-
chamber of commerce
275
342
-
-
trade
12 992
19 660
-
-
total
27 597
41 683
-
-
Dividends
62 948
95 317
-
-
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.

847
1 292
-
-
withholding
15 383
23 474
-
-
total
16 230
24 766
-
-
Income
137 000
137 000
137 000
137 000
Total tax
54 236
66 449
47 843
61 273
After tax
82 764
70 551
89 157
75 727
Living cost
36 046
36 046
36 046
36 046
Free-cash
46 718
34 505
53 111
39 681

Estimated living cost  is ₽36046 per week

₽24865
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.
₽523
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6779
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42715
₽22227
₽22227
₽44777
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 000
income
-
-
-
39 367
social contributions
-
-
-
22 221
total
-
-
-
61 588
Employee
73 032
-
137 000
-
income
13 781
-
39 367
-
social contributions
6 067
-
22 221
-
total
19 848
-
61 588
-
Employer
73 032
-
137 000
-
total
-
-
-
-
Corporate
63 968
137 000
-
-
income
7 996
17 124
-
-
total
7 996
17 124
-
-
Dividends
55 972
119 876
-
-
withholding
11 194
23 976
-
-
total
11 194
23 976
-
-
Income
137 000
137 000
137 000
137 000
Total tax
39 038
41 100
61 588
61 588
After tax
97 962
95 900
75 412
75 412
Living cost
53 185
53 185
53 185
53 185
Free-cash
44 777
42 715
22 227
22 227

Estimated living cost  is ₽53185 per week

₽40462
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4334
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.
₽7881
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50225
₽65193
₽70874
₽53488
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
137 000
income
-
-
-
26 577
health

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

-
-
-
5 657
total
-
-
-
32 234
Employee
42 830
-
132 705
-
income
4 647
-
29 325
-
social contributions
4 291
-
4 295
-
total
8 938
-
33 620
-
Employer
42 830
-
132 705
-
social contributions
4 291
-
4 295
-
total
4 291
-
4 295
-
Corporate
89 878
137 000
-
-
income
31 458
47 950
-
-
total
31 458
47 950
-
-
Dividends
58 420
89 050
-
-
social contributions
4 933
4 933
-
-
total
4 933
4 933
-
-
Income
137 000
137 000
137 000
137 000
Total tax
49 620
52 883
37 915
32 234
After tax
87 380
84 117
99 085
104 766
Living cost
33 892
33 892
33 892
33 892
Free-cash
53 488
50 225
65 193
70 874

Estimated living cost  is ₽33892 per week

₽22324
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2672
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽519
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8375
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57884
₽45576
₽58133
₽62522
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
36 161
pensions
-
-
-
7 873
total
-
-
-
44 034
Employee
47 813
-
119 939
-
pensions
3 649
-
9 891
-
income
8 707
-
27 790
-
health
624
-
1 849
-
total
12 980
-
39 530
-
Employer
47 813
-
119 939
-
health
909
-
2 278
-
pensions
4 831
-
14 783
-
total
5 740
-
17 061
-
Corporate
83 448
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.

15 855
26 031
-
-
total
15 855
26 031
-
-
Dividends
67 593
110 969
-
-
withholding
5 070
18 252
-
-
total
5 070
18 252
-
-
Income
137 000
137 000
137 000
137 000
Total tax
39 645
44 283
56 591
44 034
After tax
97 355
92 717
80 409
92 966
Living cost
34 833
34 833
34 833
34 833
Free-cash
62 522
57 884
45 576
58 133

Estimated living cost  is ₽34833 per week

₽23895
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3203
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽436
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7297
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

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

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

Source of data for Edinburgh model

Close
Warsaw , Poland
-₽11469
₽50801
₽71196
₽7635
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 000
accident
-
-
-
239
income
-
-
-
36 641
other
-
-
-
351
health
-
-
-
2 066
pensions
-
-
-
3 941
total
-
-
-
43 238
Employee
35 497
-
121 556
-
pensions
3 997
-
7 227
-
income
4 870
-
27 044
-
health
4 064
-
13 918
-
total
12 931
-
48 189
-
Employer
35 497
-
121 556
-
pensions
5 772
-
10 436
-
accident
593
-
2 030
-
unemployment
870
-
2 978
-
total
7 235
-
15 444
-
Corporate
94 269
137 000
-
-
income

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

84 842
123 300
-
-
total
84 842
123 300
-
-
Dividends
9 427
13 700
-
-
withholding
1 791
2 603
-
-
total
1 791
2 603
-
-
Income
137 000
137 000
137 000
137 000
Total tax
106 799
125 903
63 633
43 238
After tax
30 201
11 097
73 367
93 762
Living cost
22 566
22 566
22 566
22 566
Free-cash
7 635
-11 469
50 801
71 196

Estimated living cost  is ₽22566 per week

₽16561
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1315
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4235
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽102673
₽81682
₽64540
₽98304
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
137 000
income
-
-
-
22 172
unemployment
-
-
-
1 644
work injury
-
-
-
685
health insurance
-
-
-
10 138
pensions
-
-
-
25 208
total
-
-
-
59 847
Employee

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

20 181
-
137 000
-
health insurance
1 493
-
5 525
-
unemployment
242
-
896
-
work injury
101
-
373
-
pensions
3 713
-
13 739
-
income
2 018
-
22 172
-
total
7 567
-
42 705
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
116 819
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%.

1 168
1 370
-
-
total
1 168
1 370
-
-
Dividends
115 651
135 630
-
-
withholding
17 348
20 344
-
-
total
17 348
20 344
-
-
Income
137 000
137 000
137 000
137 000
Total tax
26 083
21 714
42 705
59 847
After tax
110 917
115 286
94 295
77 153
Living cost
12 613
12 613
12 613
12 613
Free-cash
98 304
102 673
81 682
64 540

Estimated living cost  is ₽12613 per week

₽7814
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽917
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.
₽3489
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34968
₽22100
₽28264
₽30721
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 000
social contributions
-
-
-
35 237
regional
-
-
-
3 109
municipal
-
-
-
916
national
-
-
-
32 280
total
-
-
-
71 542
Employee
78 675
-
137 000
-
municipal
470
-
817
-
national
13 295
-
27 985
-
regional
1 188
-
2 708
-
social contributions
26 529
-
46 196
-
total
41 482
-
77 706
-
Employer
78 675
-
137 000
-
total
-
-
-
-
Corporate
58 325
137 000
-
-
municipal
2 812
6 603
-
-
nationa
13 997
32 881
-
-
total
16 809
39 484
-
-
Dividends
41 516
97 516
-
-
withholding
10 794
25 354
-
-
total
10 794
25 354
-
-
Income
137 000
137 000
137 000
137 000
Total tax
69 085
64 838
77 706
71 542
After tax
67 915
72 162
59 294
65 458
Living cost
37 194
37 194
37 194
37 194
Free-cash
30 721
34 968
22 100
28 264

Estimated living cost  is ₽37194 per week

₽26127
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2558
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽562
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7946
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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