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
₽38598
₽49763
₽45444
₽59632
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
137 000
trade
-
-
-
14 188
income

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

-
-
-
37 829
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.

-
-
-
6 894
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.

-
-
-
2 080
total
-
-
-
60 991
Employee

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

38 597
-
137 000
-
health

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

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

6 894
-
6 894
-
surtax

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

59
-
2 080
-
income

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

1 078
-
37 829
-
total
8 031
-
46 803
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
98 403
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.

812
1 130
-
-
income
14 761
20 550
-
-
trade
15 498
21 578
-
-
chamber of commerce
295
350
-
-
total
31 366
43 608
-
-
Dividends
67 038
93 392
-
-
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.

900
1 264
-
-
withholding
16 375
22 965
-
-
total
17 275
24 229
-
-
Income
137 000
137 000
137 000
137 000
Total tax
56 672
67 837
46 803
60 991
After tax
80 328
69 163
90 197
76 009
Living cost
30 565
30 565
30 565
30 565
Free-cash
49 763
38 598
59 632
45 444

Estimated living cost  is ₽30565 per week

₽19226
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3564
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.
₽7204
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34498
₽33649
₽30557
₽31634
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
14 724
pensions
-
-
-
16 440
national
-
-
-
22 816
social contributions
-
-
-
1 473
total
-
-
-
55 453
Employee
79 044
-
118 435
-
municipal
9 763
-
15 254
-
pensions
3 162
-
4 737
-
national
15 129
-
23 637
-
total
28 054
-
43 628
-
Employer
79 044
-
118 435
-
social contributions
850
-
1 273
-
pensions
6 324
-
9 475
-
total
7 174
-
10 748
-
Corporate
45 566
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%.

9 113
27 400
-
-
total
9 113
27 400
-
-
Dividends
36 453
109 600
-
-
withholding
8 020
24 112
-
-
total
8 020
24 112
-
-
Income
137 000
137 000
137 000
137 000
Total tax
52 361
51 512
54 376
55 453
After tax
84 639
85 488
82 624
81 547
Living cost
50 990
50 990
50 990
50 990
Free-cash
33 649
34 498
31 634
30 557

Estimated living cost  is ₽50990 per week

₽34657
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4740
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽763
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10830
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88606
₽80328
₽20938
₽55817
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
microenterprise
-
-
-
-
income
-
-
-
21 469
surtax
-
-
-
34 935
social contributions

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

-
-
-
38 664
total
-
-
-
95 068
Employee
29 487
-
110 403
-
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.

3 244
-
12 145
-
surtax
-
-
-
-
income
5 249
-
21 449
-
total
8 493
-
33 594
-
Employer
29 487
-
110 403
-
social contributions

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

7 103
-
26 595
-
surtax
-
-
-
-
total
7 103
-
26 595
-
Corporate
100 410
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%.

20 082
27 400
-
-
total
20 082
27 400
-
-
Dividends

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

80 328
109 600
-
-
total
-
-
-
-
Income
137 000
137 000
137 000
137 000
Total tax
35 678
27 400
60 189
95 068
After tax
101 322
109 600
76 811
41 932
Living cost
20 994
20 994
20 994
20 994
Free-cash
80 328
88 606
55 817
20 938

Estimated living cost  is ₽20994 per week

₽13393
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1999
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5125
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24949
₽18767
₽36198
₽37601
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 000
income
-
-
-
34 262
pensions
-
-
-
11 823
health
-
-
-
12 444
total
-
-
-
58 529
Employee
86 174
86 174
118 247
-
health
13 227
11 251
12 444
-
income

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

14 105
14 105
14 105
-
pensions
15 511
11 823
11 823
-
total
42 843
37 179
38 372
-
Employer
86 174
86 174
118 247
-
unemployment
3 102
3 102
3 855
-
pensions
5 998
5 998
7 455
-
health
5 990
5 990
7 444
-
total
15 090
15 090
18 754
-
Corporate
36 793
35 735
-
-
income
7 359
7 147
-
-
total
7 359
7 147
-
-
Dividends
29 433
28 589
-
-
income
6 254
6 074
-
-
withholding
4 414
4 288
-
-
total
10 668
10 362
-
-
Income
137 000
137 000
137 000
137 000
Total tax
75 960
69 778
57 126
58 529
After tax
61 040
67 222
79 874
78 471
Living cost
42 273
42 273
42 273
42 273
Free-cash
18 767
24 949
37 601
36 198

Estimated living cost  is ₽42273 per week

₽29958
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3811
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽672
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7832
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35813
₽34937
₽33473
₽32422
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
33 471
accident
-
-
-
171
pensions
-
-
-
9 237
other
-
-
-
9 929
unemployment
-
-
-
85
health
-
-
-
5 332
national
-
-
-
6 313
total
-
-
-
64 538
Employee
55 556
-
110 151
-
municipal
16 567
-
32 847
-
national
-
-
5 894
-
total
16 567
-
38 741
-
Employer
55 556
-
110 151
-
accident
111
-
171
-
other
6 456
-
9 929
-
unemployment
1 467
-
2 256
-
pensions
6 006
-
9 237
-
health
3 417
-
5 255
-
total
17 457
-
26 848
-
Corporate
63 988
137 000
-
-
income
14 077
30 140
-
-
total
14 077
30 140
-
-
Dividends
49 911
106 860
-
-
withholding
14 973
32 058
-
-
total
14 973
32 058
-
-
Income
137 000
137 000
137 000
137 000
Total tax
63 074
62 198
65 589
64 538
After tax
73 926
74 802
71 411
72 462
Living cost
38 989
38 989
38 989
38 989
Free-cash
34 937
35 813
32 422
33 473

Estimated living cost  is ₽38989 per week

₽25841
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3826
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8731
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28818
₽42995
₽35737
₽50555
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
137 000
trade
-
-
-
14 818
income

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

-
-
-
37 829
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.

-
-
-
6 894
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.

-
-
-
2 080
total
-
-
-
61 621
Employee

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

51 174
-
137 000
-
health

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

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

6 894
-
6 894
-
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.

241
-
2 080
-
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.

4 397
-
37 829
-
total
11 532
-
46 803
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
85 826
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.

709
1 130
-
-
income
12 874
20 550
-
-
trade
14 119
22 536
-
-
chamber of commerce
276
349
-
-
total
27 978
44 565
-
-
Dividends
57 848
92 436
-
-
surtax

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

774
1 250
-
-
withholding
14 079
22 725
-
-
total
14 853
23 975
-
-
Income
137 000
137 000
137 000
137 000
Total tax
54 363
68 540
46 803
61 621
After tax
82 637
68 460
90 197
75 379
Living cost
39 642
39 642
39 642
39 642
Free-cash
42 995
28 818
50 555
35 737

Estimated living cost  is ₽39642 per week

₽26513
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4180
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8357
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67345
₽63159
₽62949
₽61634
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 000
income
-
-
-
21 500
health
-
-
-
3 493
social contributions
-
-
-
16 327
total
-
-
-
41 320
Employee
77 596
77 596
125 983
-
social contributions
3 771
6 440
8 686
-
health
772
1 319
2 141
-
income
8 148
7 183
20 791
-
total
12 691
14 942
31 618
-
Employer
77 596
77 596
125 983
-
social contributions
3 771
6 440
8 686
-
health
841
1 436
2 331
-
total
4 612
7 876
11 017
-
Corporate
86 967
51 527
-
-
income
10 871
6 440
-
-
total
10 871
6 440
-
-
Dividends
76 096
45 087
-
-
withholding
12 936
7 666
-
-
total
12 936
7 666
-
-
Income
137 000
137 000
137 000
137 000
Total tax
41 110
36 924
42 635
41 320
After tax
95 890
100 076
94 365
95 680
Living cost
32 731
32 731
32 731
32 731
Free-cash
63 159
67 345
61 634
62 949

Estimated living cost  is ₽32731 per week

₽22375
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2557
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7250
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58710
₽59090
₽76572
₽61085
S + D Salary + Dividends

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

Dividends

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

Salary

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

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

The minimum wage is 138,000 HUF per month.

26 467
10 533
114 644
-
health
1 853
737
8 025
-
income
3 236
1 288
14 015
-
pensions
2 647
1 053
11 464
-
unemployment
397
158
1 720
-
total
8 133
3 236
35 224
-
Employer

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

The minimum wage is 138,000 HUF per month.

26 467
10 533
114 644
-
pensions
5 161
2 054
22 356
-
total
5 161
2 054
22 356
-
Corporate
105 372
124 413
-
-
income
9 484
11 197
-
-
total
9 484
11 197
-
-
Dividends
95 889
113 216
-
-
social contributions
18 578
21 957
-
-
withholding
18 219
21 511
-
-
total
36 797
43 468
-
-
Income
137 000
137 000
137 000
137 000
Total tax
59 575
59 955
57 580
42 093
After tax
77 425
77 045
79 420
94 907
Living cost
18 335
18 335
18 335
18 335
Free-cash
59 090
58 710
61 085
76 572

Estimated living cost  is ₽18335 per week

₽12512
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1500
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽366
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3956
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85226
₽78955
₽49058
₽54590
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 000
income
-
-
-
18 357
pensions
-
-
-
27 402
health
-
-
-
17 809
total
-
-
-
63 568
Employee
28 627
-
102 390
-
income
3 223
-
19 742
-
pensions
573
-
2 047
-
unemployment
458
-
1 637
-
total
4 254
-
23 426
-
Employer
28 627
-
102 390
-
unemployment
230
-
820
-
pensions
5 726
-
20 479
-
health
3 721
-
13 311
-
total
9 677
-
34 610
-
Corporate
98 697
137 000
-
-
income
19 740
27 400
-
-
total
19 740
27 400
-
-
Dividends
78 957
109 600
-
-
total
-
-
-
-
Income
137 000
137 000
137 000
137 000
Total tax
33 671
27 400
58 036
63 568
After tax
103 329
109 600
78 964
73 432
Living cost
24 374
24 374
24 374
24 374
Free-cash
78 955
85 226
54 590
49 058

Estimated living cost  is ₽24374 per week

₽16718
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1452
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5714
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10974
₽7711
₽71726
₽50948
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
253
income
-
-
-
36 216
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
43 203
Employee
34 719
-
120 964
-
health
3 975
-
13 851
-
income
4 763
-
26 439
-
pensions
3 909
-
7 654
-
total
12 647
-
47 944
-
Employer
34 719
-
120 964
-
accident
580
-
2 020
-
unemployment
851
-
2 964
-
pensions
5 646
-
11 053
-
total
7 077
-
16 037
-
Corporate
95 206
137 000
-
-
income

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

85 685
123 300
-
-
total
85 685
123 300
-
-
Dividends
9 520
13 700
-
-
withholding
1 809
2 603
-
-
total
1 809
2 603
-
-
Income
137 000
137 000
137 000
137 000
Total tax
107 218
125 903
63 981
43 203
After tax
29 782
11 097
73 019
93 797
Living cost
22 071
22 071
22 071
22 071
Free-cash
7 711
-10 974
50 948
71 726

Estimated living cost  is ₽22071 per week

₽16176
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4212
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽121071
₽119369
₽126551
₽100521
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
11 349
-
137 000
-
income
2 269
-
27 400
-
total
2 269
-
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%.

125 651
137 000
-
-
total
-
-
-
-
Dividends
125 651
137 000
-
-
withholding
6 283
6 850
-
-
total
6 283
6 850
-
-
Income
137 000
137 000
137 000
137 000
Total tax
8 552
6 850
27 400
1 370
After tax
128 448
130 150
109 600
135 630
Living cost
9 079
9 079
9 079
9 079
Free-cash
119 369
121 071
100 521
126 551

Estimated living cost  is ₽9079 per week

₽5627
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽755
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽250
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2448
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73764
₽66952
₽46071
₽51738
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
18 627
pensions

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

-
-
-
32 878
other
-
-
-
6 507
health
-
-
-
6 028
total
-
-
-
64 040
Employee
36 640
-
109 426
-
health
513
-
1 532
-
income
6 308
-
20 515
-
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.

2 564
-
7 660
-
unemployment
366
-
1 093
-
total
9 751
-
30 800
-
Employer
36 640
-
109 426
-
accident
293
-
875
-
other
1 833
-
5 471
-
unemployment
366
-
1 093
-
pensions

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

6 229
-
18 602
-
health
513
-
1 532
-
total
9 234
-
27 573
-
Corporate
91 126
137 000
-
-
income
19 136
28 771
-
-
total
19 136
28 771
-
-
Dividends
71 990
108 229
-
-
withholding
5 038
7 576
-
-
total
5 038
7 576
-
-
Income
137 000
137 000
137 000
137 000
Total tax
43 159
36 347
58 373
64 040
After tax
93 841
100 653
78 627
72 960
Living cost
26 889
26 889
26 889
26 889
Free-cash
66 952
73 764
51 738
46 071

Estimated living cost  is ₽26889 per week

₽18999
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1815
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽433
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5642
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26418
₽21016
₽26235
₽13603
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 000
income
-
-
-
34 760
pensions
-
-
-
8 283
total
-
-
-
43 043
Employee
95 816
-
120 060
-
health
1 579
-
1 903
-
income
17 272
-
26 342
-
pensions
9 244
-
10 491
-
total
28 095
-
38 736
-
Employer
95 816
-
120 060
-
pensions
11 313
-
14 658
-
health
1 820
-
2 281
-
total
13 133
-
16 939
-
Corporate
28 051
137 000
-
-
income

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

5 330
26 029
-
-
total
5 330
26 029
-
-
Dividends
22 721
110 971
-
-
withholding
1 704
16 831
-
-
total
1 704
16 831
-
-
Income
137 000
137 000
137 000
137 000
Total tax
48 262
42 860
55 675
43 043
After tax
88 738
94 140
81 325
93 957
Living cost
67 722
67 722
67 722
67 722
Free-cash
21 016
26 418
13 603
26 235

Estimated living cost  is ₽67722 per week

₽50745
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7957
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8470
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽103896
₽99206
₽93794
₽98725
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
29 967
Employee
17 531
-
130 080
-
health
806
-
1 622
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
income
1 753
-
13 008
-
pensions

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

1 539
-
3 097
-
total
4 291
-
18 115
-
Employer
17 531
-
130 080
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
unemployment
105
-
212
-
pensions

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

1 932
-
3 887
-
health
1 210
-
2 434
-
total
3 440
-
6 921
-
Corporate
116 029
137 000
-
-
income
11 603
13 700
-
-
total
11 603
13 700
-
-
Dividends
104 426
123 300
-
-
withholding
5 221
6 165
-
-
total
5 221
6 165
-
-
Income
137 000
137 000
137 000
137 000
Total tax
24 555
19 865
25 036
29 967
After tax
112 445
117 135
111 964
107 033
Living cost
13 239
13 239
13 239
13 239
Free-cash
99 206
103 896
98 725
93 794

Estimated living cost  is ₽13239 per week

₽7729
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽945
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽351
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4214
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11265
₽13803
₽22514
₽23917
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 000
income
-
-
-
34 262
pensions
-
-
-
11 823
health
-
-
-
12 444
total
-
-
-
58 529
Employee
93 558
86 174
118 247
-
health
11 672
11 251
12 444
-
income

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

14 105
14 105
14 105
-
pensions
11 823
11 823
11 823
-
total
37 600
37 179
38 372
-
Employer
93 558
86 174
118 247
-
unemployment
3 368
3 102
3 855
-
pensions
6 511
5 998
7 455
-
health
6 501
5 990
7 444
-
total
16 380
15 090
18 754
-
Corporate
27 061
35 735
-
-
income
5 412
7 147
-
-
total
5 412
7 147
-
-
Dividends
21 650
28 589
-
-
income
4 600
6 074
-
-
withholding
3 248
4 288
-
-
total
7 848
10 362
-
-
Income
137 000
137 000
137 000
137 000
Total tax
67 240
69 778
57 126
58 529
After tax
69 760
67 222
79 874
78 471
Living cost
55 957
55 957
55 957
55 957
Free-cash
13 803
11 265
23 917
22 514

Estimated living cost  is ₽55957 per week

₽41278
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4998
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽642
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9041
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70157
₽61535
₽47004
₽45355
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 559
health
-
-
-
18 495
solidarity contribution
-
-
-
-
social contributions
-
-
-
34 775
total
-
-
-
65 829
Employee
35 540
-
102 239
-
social contributions
2 310
-
6 646
-
health
4 798
-
13 802
-
solidarity contribution
-
-
-
-
income
4 265
-
12 269
-
total
11 373
-
32 717
-
Employer
35 540
-
102 239
-
social contributions
8 885
-
25 560
-
health
3 199
-
9 201
-
total
12 084
-
34 761
-
Corporate
89 377
137 000
-
-
income
16 982
26 030
-
-
total
16 982
26 030
-
-
Dividends
72 395
110 970
-
-
withholding
10 859
16 646
-
-
total
10 859
16 646
-
-
Income
137 000
137 000
137 000
137 000
Total tax
51 298
42 676
67 478
65 829
After tax
85 702
94 324
69 522
71 171
Living cost
24 167
24 167
24 167
24 167
Free-cash
61 535
70 157
45 355
47 004

Estimated living cost  is ₽24167 per week

₽16787
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1719
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.
₽5186
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30514
₽25245
₽25171
₽18653
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
814
regional
-
-
-
1 574
national
-
-
-
31 624
social contributions
-
-
-
35 236
total
-
-
-
69 248
Employee
89 684
-
137 000
-
social contributions
30 241
-
46 197
-
regional
846
-
1 386
-
municipal
475
-
726
-
national
15 540
-
27 457
-
total
47 102
-
75 766
-
Employer
89 684
-
137 000
-
total
-
-
-
-
Corporate
47 316
137 000
-
-
nationa
11 356
32 880
-
-
municipal
1 846
5 343
-
-
total
13 202
38 223
-
-
Dividends
34 114
98 777
-
-
withholding
8 870
25 682
-
-
total
8 870
25 682
-
-
Income
137 000
137 000
137 000
137 000
Total tax
69 174
63 905
75 766
69 248
After tax
67 826
73 095
61 234
67 752
Living cost
42 581
42 581
42 581
42 581
Free-cash
25 245
30 514
18 653
25 171

Estimated living cost  is ₽42581 per week

₽29682
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2792
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽653
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9452
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63904
₽60763
₽42738
₽40173
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 000
income
-
-
-
30 952
pensions
-
-
-
26 936
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
9 562
surtax
-
-
-
4 314
total
-
-
-
71 994
Employee
33 371
-
113 176
-
other
-
-
-
-
health
852
-
2 886
-
surtax
109
-
3 908
-
income
5 594
-
28 518
-
pensions
2 225
-
7 549
-
unemployment
2 323
-
7 876
-
total
11 103
-
50 737
-
Employer
33 371
-
113 176
-
other
-
-
-
-
unemployment
1 057
-
3 587
-
pensions
4 449
-
15 086
-
health
1 519
-
5 149
-
total
7 025
-
23 822
-
Corporate
96 605
137 000
-
-
income
25 117
35 621
-
-
total
25 117
35 621
-
-
Dividends
71 488
101 379
-
-
withholding
10 724
15 207
-
-
total
10 724
15 207
-
-
Income
137 000
137 000
137 000
137 000
Total tax
53 969
50 828
74 559
71 994
After tax
83 031
86 172
62 441
65 006
Living cost
22 268
22 268
22 268
22 268
Free-cash
60 763
63 904
40 173
42 738

Estimated living cost  is ₽22268 per week

₽13616
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2055
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6084
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47874
₽48414
₽47691
₽35059
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 000
income
-
-
-
34 760
pensions
-
-
-
8 283
total
-
-
-
43 043
Employee
64 213
-
120 060
-
health
932
-
1 903
-
income
11 565
-
26 342
-
pensions
5 450
-
10 491
-
total
17 947
-
38 736
-
Employer
64 213
-
120 060
-
pensions
6 951
-
14 658
-
health
1 220
-
2 281
-
total
8 171
-
16 939
-
Corporate
64 616
137 000
-
-
income

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

12 277
26 029
-
-
total
12 277
26 029
-
-
Dividends
52 339
110 971
-
-
withholding
3 925
16 831
-
-
total
3 925
16 831
-
-
Income
137 000
137 000
137 000
137 000
Total tax
42 320
42 860
55 675
43 043
After tax
94 680
94 140
81 325
93 957
Living cost
46 266
46 266
46 266
46 266
Free-cash
48 414
47 874
35 059
47 691

Estimated living cost  is ₽46266 per week

₽34662
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3468
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7651
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽13619
₽19013
₽36264
₽29608
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
city
-
-
-
1 444
pensions
-
-
-
12 603
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
-
-
-
5 841
health
-
-
-
308
national
-
-
-
1 534
total
-
-
-
24 470
Employee
89 251
-
122 622
-
city
958
-
1 318
-
regional
2 923
-
4 989
-
health
202
-
276
-
pensions
7 498
-
10 299
-
unemployment
-
-
-
-
national
422
-
1 217
-
total
12 003
-
18 099
-
Employer
89 251
-
122 622
-
other

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

1 784
-
2 452
-
unemployment
-
-
-
-
pensions
7 498
-
10 299
-
health
202
-
276
-
total
9 484
-
13 027
-
Corporate
37 283
137 000
-
-
regional
7 886
28 976
-
-
national
3 169
11 645
-
-
total
11 055
40 621
-
-
Dividends
26 228
96 379
-
-
withholding
9 179
33 732
-
-
total
9 179
33 732
-
-
Income
137 000
137 000
137 000
137 000
Total tax
41 721
74 353
31 126
24 470
After tax
95 279
62 647
105 874
112 530
Living cost
76 266
76 266
76 266
76 266
Free-cash
19 013
-13 619
29 608
36 264

Estimated living cost  is ₽76266 per week

₽49595
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6844
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽936
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18891
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽21527
₽37889
₽28519
₽43969
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
137 000
trade
-
-
-
15 450
income

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

-
-
-
37 829
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.

-
-
-
6 894
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.

-
-
-
2 080
total
-
-
-
62 253
Employee

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

60 646
-
137 000
-
health

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

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

6 894
-
6 894
-
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.

393
-
2 080
-
income

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

7 131
-
37 829
-
total
14 418
-
46 803
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
76 354
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.

630
1 130
-
-
income
11 454
20 550
-
-
trade
13 095
23 495
-
-
chamber of commerce
260
347
-
-
total
25 439
45 522
-
-
Dividends
50 915
91 479
-
-
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.

680
1 237
-
-
withholding
12 346
22 486
-
-
total
13 026
23 723
-
-
Income
137 000
137 000
137 000
137 000
Total tax
52 883
69 245
46 803
62 253
After tax
84 117
67 755
90 197
74 747
Living cost
46 228
46 228
46 228
46 228
Free-cash
37 889
21 527
43 969
28 519

Estimated living cost  is ₽46228 per week

₽33763
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3698
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽601
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8167
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34523
₽40484
₽43339
₽45329
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
18 152
pensions
-
-
-
28 313
other
-
-
-
4 247
health
-
-
-
4 521
surtax
-
-
-
-
social contributions
-
-
-
3 903
total
-
-
-
59 136
Employee
43 189
-
108 432
-
social contributions
1 231
-
3 089
-
surtax
-
-
-
-
income
2 549
-
18 946
-
pensions
4 883
-
6 542
-
total
8 663
-
28 577
-
Employer
43 189
-
108 432
-
other
1 490
-
3 806
-
social contributions
130
-
326
-
unemployment
1 748
-
4 391
-
pensions
7 095
-
11 194
-
health
3 024
-
8 852
-
total
13 487
-
28 569
-
Corporate
80 324
137 000
-
-
surtax
-
-
-
-
income
22 492
38 359
-
-
total
22 492
38 359
-
-
Dividends
57 833
98 641
-
-
surtax
-
-
-
-
social contributions
9 946
16 967
-
-
withholding
7 403
12 626
-
-
total
17 349
29 593
-
-
Income
137 000
137 000
137 000
137 000
Total tax
61 991
67 952
57 146
59 136
After tax
75 009
69 048
79 854
77 864
Living cost
34 525
34 525
34 525
34 525
Free-cash
40 484
34 523
45 329
43 339

Estimated living cost  is ₽34525 per week

₽21770
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2807
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽588
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9362
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37943
₽43550
₽46759
₽48749
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
18 152
pensions
-
-
-
28 313
other
-
-
-
4 247
health
-
-
-
4 521
surtax
-
-
-
-
social contributions
-
-
-
3 903
total
-
-
-
59 136
Employee
38 552
-
108 432
-
social contributions
1 099
-
3 089
-
surtax
-
-
-
-
income
1 988
-
18 946
-
pensions
4 360
-
6 542
-
total
7 447
-
28 577
-
Employer
38 552
-
108 432
-
other
1 331
-
3 806
-
social contributions
115
-
326
-
unemployment
1 561
-
4 391
-
pensions
6 335
-
11 194
-
health
2 698
-
8 852
-
total
12 040
-
28 569
-
Corporate
86 409
137 000
-
-
surtax
-
-
-
-
income
24 194
38 359
-
-
total
24 194
38 359
-
-
Dividends
62 215
98 641
-
-
surtax
-
-
-
-
social contributions
10 701
16 967
-
-
withholding
7 963
12 626
-
-
total
18 664
29 593
-
-
Income
137 000
137 000
137 000
137 000
Total tax
62 345
67 952
57 146
59 136
After tax
74 655
69 048
79 854
77 864
Living cost
31 105
31 105
31 105
31 105
Free-cash
43 550
37 943
48 749
46 759

Estimated living cost  is ₽31105 per week

₽18039
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3160
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9316
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62183
₽62706
₽66582
₽64955
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
9 563
social contributions
-
-
-
18 907
total
-
-
-
49 020
Employee
34 215
-
137 000
-
social contributions
4 722
-
18 907
-
health
2 388
-
9 563
-
income
5 707
-
22 177
-
total
12 817
-
50 647
-
Employer
34 215
-
137 000
-
total
-
-
-
-
Corporate
102 785
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%.

5 140
6 850
-
-
total
5 140
6 850
-
-
Dividends
97 645
130 150
-
-
health
6 815
9 085
-
-
social contributions
13 476
17 961
-
-
withholding
14 648
19 523
-
-
total
34 939
46 569
-
-
Income
137 000
137 000
137 000
137 000
Total tax
52 896
53 419
50 647
49 020
After tax
84 104
83 581
86 353
87 980
Living cost
21 398
21 398
21 398
21 398
Free-cash
62 706
62 183
64 955
66 582

Estimated living cost  is ₽21398 per week

₽14320
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1319
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5264
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40636
₽39074
₽33750
₽1360
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 000
chamber of commerce
-
-
-
548
income
-
-
-
29 929
pensions
-
-
-
21 810
unemployment
-
-
-
6 189
health
-
-
-
9 018
surtax
-
-
-
199
total
-
-
-
67 693
Employee
50 431
40 215
106 228
-
other
504
402
1 063
-
health
1 951
1 557
4 111
-
income
5 741
2 966
24 472
-
pensions
5 165
4 117
10 877
-
unemployment
1 513
1 206
3 187
-
total
14 874
10 248
43 710
-
Employer
50 431
40 215
106 228
-
accident
655
523
1 381
-
other
2 396
1 909
5 046
-
chamber of commerce
201
161
425
-
unemployment
1 513
1 206
3 187
-
surtax
199
199
199
-
pensions
6 329
5 048
13 332
-
payroll
1 513
1 206
3 187
-
health
1 905
1 520
4 016
-
total
14 711
11 772
30 773
-
Corporate
71 858
85 012
102 398
-
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.

17 964
21 253
25 600
-
total
17 964
21 253
25 600
-
Dividends
53 894
63 759
-
-
withholding
14 820
17 534
-
-
total
14 820
17 534
-
-
Income
137 000
137 000
137 000
137 000
Total tax
62 369
60 807
100 083
67 693
After tax
74 631
76 193
36 917
69 307
Living cost
35 557
35 557
35 557
35 557
Free-cash
39 074
40 636
1 360
33 750

Estimated living cost  is ₽35557 per week

₽23715
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3033
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8225
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39910
₽24774
₽23897
₽13715
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 000
national
-
-
-
47 771
communal

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

-
-
-
6 923
social contributions
-
-
-
21 615
total
-
-
-
76 309
Employee

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

72 183
-
106 111
-
communal

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

3 765
-
5 534
-
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.

3 391
-
4 987
-
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.

5 414
-
7 959
-
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.

628
-
923
-
national
22 192
-
36 199
-
total
35 390
-
55 602
-
Employer

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

72 183
-
106 111
-
accident

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

938
-
1 379
-
unemployment

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

1 053
-
1 549
-
surtax
8 185
-
12 034
-
pensions

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

6 396
-
9 401
-
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.

4 439
-
6 526
-
total
21 011
-
30 889
-
Corporate
43 806
137 000
-
-
surtax
176
548
-
-
income
8 761
27 400
-
-
total
8 937
27 948
-
-
Dividends
34 869
109 053
-
-
withholding

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

10 094
32 348
-
-
total
10 094
32 348
-
-
Income
137 000
137 000
137 000
137 000
Total tax
75 432
60 296
86 491
76 309
After tax
61 568
76 704
50 509
60 691
Living cost
36 794
36 794
36 794
36 794
Free-cash
24 774
39 910
13 715
23 897

Estimated living cost  is ₽36794 per week

₽23700
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3217
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽576
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9301
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55369
₽47744
₽40419
₽35570
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
843
income
-
-
-
32 077
pensions
-
-
-
26 469
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
60 138
Employee
50 231
-
107 182
-
other
50
-
94
-
income
10 598
-
29 227
-
pensions
2 361
-
4 397
-
unemployment
779
-
1 450
-
total
13 788
-
35 168
-
Employer
50 231
-
107 182
-
accident
994
-
1 852
-
other
400
-
749
-
unemployment
2 763
-
5 144
-
pensions
11 854
-
22 074
-
total
16 011
-
29 819
-
Corporate
70 758
137 000
-
-
income

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

10 613
20 550
-
-
total
10 613
20 550
-
-
Dividends
60 145
116 450
-
-
withholding
12 401
24 638
-
-
total
12 401
24 638
-
-
Income
137 000
137 000
137 000
137 000
Total tax
52 813
45 188
64 987
60 138
After tax
84 187
91 812
72 013
76 862
Living cost
36 443
36 443
36 443
36 443
Free-cash
47 744
55 369
35 570
40 419

Estimated living cost  is ₽36443 per week

₽26837
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2585
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6496
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27337
₽16759
₽17457
₽22923
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 000
accident
-
-
-
1 155
income
-
-
-
17 939
pensions
-
-
-
20 534
health
-
-
-
9 625
surtax
-
-
-
6 792
communal
-
-
-
8 658
total
-
-
-
64 703
Employee
76 419
-
122 377
-
health
3 401
-
5 446
-
surtax
4 684
-
7 499
-
income
7 381
-
21 882
-
pensions
6 113
-
9 789
-
total
21 579
-
44 616
-
Employer
76 419
-
122 377
-
accident
687
-
1 101
-
pensions
6 113
-
9 789
-
health
2 331
-
3 732
-
total
9 131
-
14 622
-
Corporate
51 450
137 000
-
-
surtax
540
1 438
-
-
communal
3 474
9 247
-
-
income
7 717
20 550
-
-
total
11 731
31 235
-
-
Dividends
39 719
105 765
-
-
income
17 003
7 725
-
-
withholding
5 958
15 864
-
-
total
22 961
23 589
-
-
Income
137 000
137 000
137 000
137 000
Total tax
65 402
54 824
59 238
64 703
After tax
71 598
82 176
77 762
72 297
Living cost
54 839
54 839
54 839
54 839
Free-cash
16 759
27 337
22 923
17 457

Estimated living cost  is ₽54839 per week

₽41138
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3323
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9797
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63506
₽60297
₽42340
₽39775
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 000
income
-
-
-
30 952
pensions
-
-
-
26 936
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
9 562
surtax
-
-
-
4 314
total
-
-
-
71 994
Employee
33 983
-
113 176
-
other
-
-
-
-
health
867
-
2 886
-
surtax
121
-
3 908
-
income
5 697
-
28 518
-
pensions
2 267
-
7 549
-
unemployment
2 365
-
7 876
-
total
11 317
-
50 737
-
Employer
33 983
-
113 176
-
other
-
-
-
-
unemployment
1 078
-
3 587
-
pensions
4 531
-
15 086
-
health
1 545
-
5 149
-
total
7 154
-
23 822
-
Corporate
95 862
137 000
-
-
income
24 924
35 621
-
-
total
24 924
35 621
-
-
Dividends
70 939
101 379
-
-
withholding
10 642
15 207
-
-
total
10 642
15 207
-
-
Income
137 000
137 000
137 000
137 000
Total tax
54 037
50 828
74 559
71 994
After tax
82 963
86 172
62 441
65 006
Living cost
22 666
22 666
22 666
22 666
Free-cash
60 297
63 506
39 775
42 340

Estimated living cost  is ₽22666 per week

₽13684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1971
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6486
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44826
₽42586
₽40078
₽33594
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
814
regional
-
-
-
2 065
national
-
-
-
31 624
social contributions
-
-
-
35 236
total
-
-
-
69 739
Employee
55 977
-
137 000
-
social contributions
18 876
-
46 197
-
regional
754
-
1 843
-
municipal
297
-
726
-
national
8 868
-
27 457
-
total
28 795
-
76 223
-
Employer
55 977
-
137 000
-
total
-
-
-
-
Corporate
81 023
137 000
-
-
nationa
19 445
32 880
-
-
municipal
4 027
6 810
-
-
total
23 472
39 690
-
-
Dividends
57 551
97 310
-
-
withholding
14 964
25 301
-
-
total
14 964
25 301
-
-
Income
137 000
137 000
137 000
137 000
Total tax
67 231
64 991
76 223
69 739
After tax
69 769
72 009
60 777
67 261
Living cost
27 183
27 183
27 183
27 183
Free-cash
42 586
44 826
33 594
40 078

Estimated living cost  is ₽27183 per week

₽16906
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2754
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7059
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64544
₽53921
₽41391
₽39742
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 559
health
-
-
-
18 495
solidarity contribution
-
-
-
-
social contributions
-
-
-
34 775
total
-
-
-
65 829
Employee
43 794
-
102 239
-
social contributions
2 847
-
6 646
-
health
5 912
-
13 802
-
solidarity contribution
-
-
-
-
income
5 255
-
12 269
-
total
14 014
-
32 717
-
Employer
43 794
-
102 239
-
social contributions
10 949
-
25 560
-
health
3 941
-
9 201
-
total
14 890
-
34 761
-
Corporate
78 316
137 000
-
-
income
14 880
26 030
-
-
total
14 880
26 030
-
-
Dividends
63 436
110 970
-
-
withholding
9 515
16 646
-
-
total
9 515
16 646
-
-
Income
137 000
137 000
137 000
137 000
Total tax
53 299
42 676
67 478
65 829
After tax
83 701
94 324
69 522
71 171
Living cost
29 780
29 780
29 780
29 780
Free-cash
53 921
64 544
39 742
41 391

Estimated living cost  is ₽29780 per week

₽22146
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1650
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5469
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44107
₽43608
₽37312
₽4759
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 000
chamber of commerce
-
-
-
548
income
-
-
-
29 929
pensions
-
-
-
21 810
unemployment
-
-
-
6 189
health
-
-
-
9 018
surtax
-
-
-
-
total
-
-
-
67 494
Employee
44 111
40 215
106 381
-
other
440
402
1 065
-
health
1 706
1 557
4 117
-
income
3 930
2 966
24 523
-
pensions
4 517
4 117
10 894
-
unemployment
1 323
1 206
3 192
-
total
11 916
10 248
43 791
-
Employer
44 111
40 215
106 381
-
accident
573
523
1 383
-
other
2 095
1 909
5 054
-
chamber of commerce
176
161
425
-
unemployment
1 323
1 206
3 192
-
surtax
-
-
-
-
pensions
5 536
5 048
13 351
-
payroll
1 323
1 206
3 192
-
health
1 668
1 520
4 021
-
total
12 694
11 573
30 618
-
Corporate
80 194
85 211
102 551
-
income

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

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

20 048
21 302
25 638
-
total
20 048
21 302
25 638
-
Dividends
60 146
63 909
-
-
withholding
16 540
17 576
-
-
total
16 540
17 576
-
-
Income
137 000
137 000
137 000
137 000
Total tax
61 198
60 699
100 047
67 494
After tax
75 802
76 301
36 953
69 506
Living cost
32 194
32 194
32 194
32 194
Free-cash
43 608
44 107
4 759
37 312

Estimated living cost  is ₽32194 per week

₽19313
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3288
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9020
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽116001
₽113348
₽121481
₽95451
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
17 686
-
137 000
-
income
3 537
-
27 400
-
total
3 537
-
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%.

119 314
137 000
-
-
total
-
-
-
-
Dividends
119 314
137 000
-
-
withholding
5 966
6 850
-
-
total
5 966
6 850
-
-
Income
137 000
137 000
137 000
137 000
Total tax
9 503
6 850
27 400
1 370
After tax
127 497
130 150
109 600
135 630
Living cost
14 149
14 149
14 149
14 149
Free-cash
113 348
116 001
95 451
121 481

Estimated living cost  is ₽14149 per week

₽9574
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽594
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3505
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67258
₽58818
₽41913
₽38283
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
29 316
pensions
-
-
-
25 019
unemployment
-
-
-
205
health
-
-
-
13 480
total
-
-
-
68 020
Employee

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

44 623
-
118 543
-
health
2 882
-
7 658
-
income
7 695
-
26 995
-
pensions
6 917
-
18 374
-
unemployment
63
-
167
-
total
17 557
-
53 194
-
Employer

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

44 623
-
118 543
-
unemployment
27
-
71
-
pensions
3 949
-
10 490
-
health
2 972
-
7 895
-
total
6 948
-
18 456
-
Corporate
85 429
137 000
-
-
income
16 231
26 030
-
-
total
16 231
26 030
-
-
Dividends
69 198
110 970
-
-
withholding
10 379
16 645
-
-
total
10 379
16 645
-
-
Income
137 000
137 000
137 000
137 000
Total tax
51 115
42 675
71 650
68 020
After tax
85 885
94 325
65 350
68 980
Living cost
27 067
27 067
27 067
27 067
Free-cash
58 818
67 258
38 283
41 913

Estimated living cost  is ₽27067 per week

₽18575
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1735
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6233
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39786
-₽13543
₽51113
₽80152
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
62 466
-
-
-
social contributions
5 122
-
730
-
income
13 779
-
-
-
total
18 901
-
730
-
Employer
62 466
-
-
-
social contributions
88 077
-
12 553
-
total
88 077
-
12 553
-
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
106 978
53 649
13 283
42 322
After tax
30 022
83 351
123 717
94 678
Living cost
43 565
43 565
43 565
43 565
Free-cash
-13 543
39 786
80 152
51 113

Estimated living cost  is ₽43565 per week

₽28267
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4097
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10646
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46271
₽45256
₽43098
₽33946
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
137 000
income
-
-
-
14 642
surtax
-
-
-
-
social contributions

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

-
-
-
47 607
total
-
-
-
62 249
Employee
46 411
-
110 707
-
social contributions
5 105
-
12 177
-
surtax
-
-
-
-
income
9 654
-
32 931
-
total
14 759
-
45 108
-
Employer
46 411
-
110 707
-
social contributions
11 023
-
26 293
-
total
11 023
-
26 293
-
Corporate
79 566
137 000
-
-
surtax
-
-
-
-
income
16 708
28 771
-
-
total
16 708
28 771
-
-
Dividends
62 858
108 229
-
-
withholding
17 601
30 305
-
-
total
17 601
30 305
-
-
Income
137 000
137 000
137 000
137 000
Total tax
60 091
59 076
71 401
62 249
After tax
76 909
77 924
65 599
74 751
Living cost
31 653
31 653
31 653
31 653
Free-cash
45 256
46 271
33 946
43 098

Estimated living cost  is ₽31653 per week

₽23683
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1867
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽529
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5575
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20309
₽27243
₽29125
₽31115
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
18 152
pensions
-
-
-
28 313
other
-
-
-
4 247
health
-
-
-
4 521
surtax
-
-
-
-
social contributions
-
-
-
3 903
total
-
-
-
59 136
Employee
63 203
-
108 432
-
social contributions
1 800
-
3 089
-
surtax
-
-
-
-
income
5 515
-
18 946
-
pensions
7 149
-
6 542
-
total
14 464
-
28 577
-
Employer
63 203
-
108 432
-
other
2 181
-
3 806
-
social contributions
190
-
326
-
unemployment
2 560
-
4 391
-
pensions
10 385
-
11 194
-
health
4 424
-
8 852
-
total
19 740
-
28 569
-
Corporate
54 057
137 000
-
-
surtax
-
-
-
-
income
15 136
38 359
-
-
total
15 136
38 359
-
-
Dividends
38 921
98 641
-
-
surtax
-
-
-
-
social contributions
6 695
16 967
-
-
withholding
4 983
12 626
-
-
total
11 678
29 593
-
-
Income
137 000
137 000
137 000
137 000
Total tax
61 018
67 952
57 146
59 136
After tax
75 982
69 048
79 854
77 864
Living cost
48 739
48 739
48 739
48 739
Free-cash
27 243
20 309
31 115
29 125

Estimated living cost  is ₽48739 per week

₽32986
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3987
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽668
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11097
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92966
₽89577
₽71968
₽75608
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 000
income
-
-
-
4 558
social contributions
-
-
-
30 140
total
-
-
-
34 698
Employee
32 442
-
118 614
-
income
-
-
4 962
-
social contributions
2 108
-
7 710
-
total
2 108
-
12 672
-
Employer
32 442
-
118 614
-
social contributions
5 029
-
18 386
-
total
5 029
-
18 386
-
Corporate
99 529
137 000
-
-
income
9 952
13 700
-
-
total
9 952
13 700
-
-
Dividends
89 577
123 300
-
-
total
-
-
-
-
Income
137 000
137 000
137 000
137 000
Total tax
17 089
13 700
31 058
34 698
After tax
119 911
123 300
105 942
102 302
Living cost
30 334
30 334
30 334
30 334
Free-cash
89 577
92 966
75 608
71 968

Estimated living cost  is ₽30334 per week

₽19613
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2286
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.
₽7863
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽82958
-₽82958
₽34538
-₽82958
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
27 326
pensions
-
-
-
875
national
-
-
-
14 751
labour market
-
-
-
10 890
total
-
-
-
53 842
Employee
205 213
205 213
205 213
-
labour market
16 394
16 394
16 394
-
national
25 070
25 070
25 070
-
municipal
43 699
43 699
43 699
-
pensions
292
292
292
-
total
85 455
85 455
85 455
-
Employer
205 213
205 213
205 213
-
labour market
16 417
16 417
16 417
-
municipal
43 769
43 769
43 769
-
pensions
583
583
583
-
national
25 114
25 114
25 114
-
total
85 883
85 883
85 883
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
137 000
137 000
137 000
137 000
Total tax
171 338
171 338
171 338
53 842
After tax
-34 338
-34 338
-34 338
83 158
Living cost
48 620
48 620
48 620
48 620
Free-cash
-82 958
-82 958
-82 958
34 538

Estimated living cost  is ₽48620 per week

₽33276
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4301
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽748
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10295
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10648
₽7761
₽72052
₽51274
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
253
income
-
-
-
36 216
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
43 203
Employee
34 207
-
120 964
-
health
3 917
-
13 851
-
income
4 693
-
26 439
-
pensions
3 852
-
7 654
-
total
12 462
-
47 944
-
Employer
34 207
-
120 964
-
accident
571
-
2 020
-
unemployment
838
-
2 964
-
pensions
5 562
-
11 053
-
total
6 971
-
16 037
-
Corporate
95 822
137 000
-
-
income

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

86 240
123 300
-
-
total
86 240
123 300
-
-
Dividends
9 582
13 700
-
-
withholding
1 821
2 603
-
-
total
1 821
2 603
-
-
Income
137 000
137 000
137 000
137 000
Total tax
107 494
125 903
63 981
43 203
After tax
29 506
11 097
73 019
93 797
Living cost
21 745
21 745
21 745
21 745
Free-cash
7 761
-10 648
51 274
72 052

Estimated living cost  is ₽21745 per week

₽15828
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1240
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4269
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49591
₽50494
₽54500
₽35717
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
137 000
municipal
-
-
-
24 357
health
-
-
-
1 689
national
-
-
-
17 711
total
-
-
-
43 757
Employee
53 092
-
115 253
-
health
396
-
1 354
-
municipal
8 696
-
18 790
-
pensions
3 583
-
7 779
-
unemployment
797
-
1 729
-
national
877
-
11 141
-
total
14 349
-
40 793
-
Employer
53 092
-
115 253
-
accident
54
-
115
-
unemployment
345
-
749
-
pensions
9 211
-
19 996
-
health
408
-
887
-
total
10 018
-
21 747
-
Corporate
73 891
137 000
-
-
income
14 778
27 400
-
-
total
14 778
27 400
-
-
Dividends

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

44 335
82 200
-
-
national
638
6 471
-
-
municipal
7 980
14 795
-
-
total
8 618
21 266
-
-
Income
137 000
137 000
137 000
137 000
Total tax
47 763
48 666
62 540
43 757
After tax
89 237
88 334
74 460
93 243
Living cost
38 743
38 743
38 743
38 743
Free-cash
50 494
49 591
35 717
54 500

Estimated living cost  is ₽38743 per week

₽25307
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽617
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9094
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76712
₽71221
₽72316
₽71001
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 000
income
-
-
-
21 500
health
-
-
-
3 493
social contributions
-
-
-
16 327
total
-
-
-
41 320
Employee
77 596
77 596
125 983
-
social contributions
2 934
6 440
8 686
-
health
601
1 319
2 141
-
income
8 449
7 183
20 791
-
total
11 984
14 942
31 618
-
Employer
77 596
77 596
125 983
-
social contributions
2 934
6 440
8 686
-
health
653
1 436
2 331
-
total
3 587
7 876
11 017
-
Corporate
98 065
51 527
-
-
income
12 258
6 440
-
-
total
12 258
6 440
-
-
Dividends
85 808
45 087
-
-
withholding
14 586
7 666
-
-
total
14 586
7 666
-
-
Income
137 000
137 000
137 000
137 000
Total tax
42 415
36 924
42 635
41 320
After tax
94 585
100 076
94 365
95 680
Living cost
23 364
23 364
23 364
23 364
Free-cash
71 221
76 712
71 001
72 316

Estimated living cost  is ₽23364 per week

₽14002
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2292
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6553
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97427
₽92292
₽97276
₽77035
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
13 602
pensions
-
-
-
6 419
unemployment
-
-
-
29
health
-
-
-
3 652
total
-
-
-
23 702
Employee

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

23 163
-
127 138
-
health
1 969
-
8 139
-
income
1 584
-
11 101
-
pensions
3 474
-
14 362
-
unemployment
115
-
479
-
total
7 142
-
34 081
-
Employer

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

23 163
-
127 138
-
unemployment
115
-
479
-
pensions
1 273
-
5 266
-
health
996
-
4 117
-
total
2 384
-
9 862
-
Corporate
111 453
137 000
-
-
income
10 031
12 331
-
-
total
10 031
12 331
-
-
Dividends
101 422
124 669
-
-
withholding
9 129
11 220
-
-
total
9 129
11 220
-
-
Income
137 000
137 000
137 000
137 000
Total tax
28 686
23 551
43 943
23 702
After tax
108 314
113 449
93 057
113 298
Living cost
16 022
16 022
16 022
16 022
Free-cash
92 292
97 427
77 035
97 276

Estimated living cost  is ₽16022 per week

₽10222
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.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4167
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64062
₽59182
₽49112
₽44263
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
843
income
-
-
-
32 077
pensions
-
-
-
26 469
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
60 138
Employee
37 313
-
107 182
-
other
36
-
94
-
income
7 194
-
29 227
-
pensions
1 754
-
4 397
-
unemployment
578
-
1 450
-
total
9 562
-
35 168
-
Employer
37 313
-
107 182
-
accident
739
-
1 852
-
other
299
-
749
-
unemployment
2 053
-
5 144
-
pensions
8 805
-
22 074
-
total
11 896
-
29 819
-
Corporate
87 791
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.

13 169
20 550
-
-
total
13 169
20 550
-
-
Dividends
74 622
116 450
-
-
withholding
15 441
24 638
-
-
total
15 441
24 638
-
-
Income
137 000
137 000
137 000
137 000
Total tax
50 068
45 188
64 987
60 138
After tax
86 932
91 812
72 013
76 862
Living cost
27 750
27 750
27 750
27 750
Free-cash
59 182
64 062
44 263
49 112

Estimated living cost  is ₽27750 per week

₽18730
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2668
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.
₽5866
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82732
₽82278
₽84675
₽84478
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
46 101
pensions
-
-
-
2 010
health
-
-
-
1 458
total
-
-
-
49 569
Employee
4 198
-
134 738
-
health
210
-
503
-
income
812
-
45 995
-
pensions
378
-
905
-
unemployment
42
-
101
-
total
1 442
-
47 504
-
Employer
4 198
-
134 738
-
unemployment
84
-
201
-
pensions
462
-
1 106
-
health
399
-
955
-
total
945
-
2 262
-
Corporate
131 858
137 000
-
-
income
29 009
30 140
-
-
total
29 009
30 140
-
-
Dividends
102 849
106 860
-
-
withholding
20 570
21 372
-
-
total
20 570
21 372
-
-
Income
137 000
137 000
137 000
137 000
Total tax
51 966
51 512
49 766
49 569
After tax
85 034
85 488
87 234
87 431
Living cost
2 756
2 756
2 756
2 756
Free-cash
82 278
82 732
84 478
84 675

Estimated living cost  is ₽2756 per week

₽1638
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽63
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽832
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81530
₽76565
₽61320
₽61321
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
30 034
pensions
-
-
-
19 392
unemployment
-
-
-
1 119
health
-
-
-
7 682
total
-
-
-
58 227
Employee

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

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

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

26 319
-
123 649
-
health
1 355
-
3 841
-
income
3 628
-
30 034
-
pensions
3 685
-
10 442
-
unemployment
197
-
559
-
total
8 865
-
44 876
-
Employer

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

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

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

26 319
-
123 649
-
unemployment
197
-
559
-
pensions
3 158
-
8 950
-
health
1 355
-
3 841
-
total
4 710
-
13 350
-
Corporate
105 970
137 000
-
-
income
15 896
20 550
-
-
total
15 896
20 550
-
-
Dividends
90 075
116 450
-
-
withholding
13 511
17 467
-
-
total
13 511
17 467
-
-
Income
137 000
137 000
137 000
137 000
Total tax
42 982
38 017
58 226
58 227
After tax
94 018
98 983
78 774
78 773
Living cost
17 453
17 453
17 453
17 453
Free-cash
76 565
81 530
61 321
61 320

Estimated living cost  is ₽17453 per week

₽11751
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1350
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽505
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3847
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50719
₽50356
₽47546
₽38394
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
137 000
income
-
-
-
14 642
surtax
-
-
-
-
social contributions

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

-
-
-
47 607
total
-
-
-
62 249
Employee
39 166
-
110 707
-
social contributions
4 309
-
12 177
-
surtax
-
-
-
-
income
7 653
-
32 931
-
total
11 962
-
45 108
-
Employer
39 166
-
110 707
-
social contributions
9 301
-
26 293
-
total
9 301
-
26 293
-
Corporate
88 533
137 000
-
-
surtax
-
-
-
-
income
18 593
28 771
-
-
total
18 593
28 771
-
-
Dividends
69 940
108 229
-
-
withholding
19 583
30 305
-
-
total
19 583
30 305
-
-
Income
137 000
137 000
137 000
137 000
Total tax
59 439
59 076
71 401
62 249
After tax
77 561
77 924
65 599
74 751
Living cost
27 205
27 205
27 205
27 205
Free-cash
50 356
50 719
38 394
47 546

Estimated living cost  is ₽27205 per week

₽19269
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1890
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5565
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56347
₽49063
₽41397
₽36548
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
843
income
-
-
-
32 077
pensions
-
-
-
26 469
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
60 138
Employee
48 736
-
107 182
-
other
48
-
94
-
income
10 179
-
29 227
-
pensions
2 290
-
4 397
-
unemployment
755
-
1 450
-
total
13 272
-
35 168
-
Employer
48 736
-
107 182
-
accident
965
-
1 852
-
other
391
-
749
-
unemployment
2 681
-
5 144
-
pensions
11 501
-
22 074
-
total
15 538
-
29 819
-
Corporate
72 726
137 000
-
-
income

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

10 910
20 550
-
-
total
10 910
20 550
-
-
Dividends
61 816
116 450
-
-
withholding
12 752
24 638
-
-
total
12 752
24 638
-
-
Income
137 000
137 000
137 000
137 000
Total tax
52 472
45 188
64 987
60 138
After tax
84 528
91 812
72 013
76 862
Living cost
35 465
35 465
35 465
35 465
Free-cash
49 063
56 347
36 548
41 397

Estimated living cost  is ₽35465 per week

₽25469
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2758
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6739
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99764
₽93610
₽89662
₽94593
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
29 967
Employee
23 001
-
130 080
-
health
1 058
-
1 622
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
income
2 300
-
13 008
-
pensions

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

2 019
-
3 097
-
total
5 630
-
18 115
-
Employer
23 001
-
130 080
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
unemployment
138
-
212
-
pensions

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

2 535
-
3 887
-
health
1 587
-
2 434
-
total
4 513
-
6 921
-
Corporate
109 486
137 000
-
-
income
10 949
13 700
-
-
total
10 949
13 700
-
-
Dividends
98 537
123 300
-
-
withholding
4 927
6 165
-
-
total
4 927
6 165
-
-
Income
137 000
137 000
137 000
137 000
Total tax
26 019
19 865
25 036
29 967
After tax
110 981
117 135
111 964
107 033
Living cost
17 371
17 371
17 371
17 371
Free-cash
93 610
99 764
94 593
89 662

Estimated living cost  is ₽17371 per week

₽11489
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽994
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽414
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4474
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31616
₽44815
₽38312
₽51238
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
137 000
trade
-
-
-
12 926
income

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

-
-
-
37 829
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.

-
-
-
6 894
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.

-
-
-
2 080
total
-
-
-
59 729
Employee

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

50 210
-
137 000
-
health

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

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

6 894
-
6 894
-
surtax

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

228
-
2 080
-
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.

4 129
-
37 829
-
total
11 251
-
46 803
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
86 790
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.

716
1 130
-
-
income
13 018
20 550
-
-
trade
12 455
19 659
-
-
chamber of commerce
280
354
-
-
total
26 469
41 693
-
-
Dividends
60 321
95 307
-
-
surtax

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

808
1 289
-
-
withholding
14 698
23 443
-
-
total
15 506
24 732
-
-
Income
137 000
137 000
137 000
137 000
Total tax
53 226
66 425
46 803
59 729
After tax
83 774
70 575
90 197
77 271
Living cost
38 959
38 959
38 959
38 959
Free-cash
44 815
31 616
51 238
38 312

Estimated living cost  is ₽38959 per week

₽26875
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4192
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7327
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38414
₽40644
₽19483
₽19483
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 000
income
-
-
-
38 120
social contributions
-
-
-
21 913
total
-
-
-
60 033
Employee
78 935
-
137 000
-
income
14 895
-
38 120
-
social contributions
6 558
-
21 913
-
total
21 453
-
60 033
-
Employer
78 935
-
137 000
-
total
-
-
-
-
Corporate
58 065
137 000
-
-
income
7 258
17 126
-
-
total
7 258
17 126
-
-
Dividends
50 807
119 874
-
-
withholding
10 161
23 976
-
-
total
10 161
23 976
-
-
Income
137 000
137 000
137 000
137 000
Total tax
38 872
41 102
60 033
60 033
After tax
98 128
95 898
76 967
76 967
Living cost
57 484
57 484
57 484
57 484
Free-cash
40 644
38 414
19 483
19 483

Estimated living cost  is ₽57484 per week

₽43733
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4684
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8518
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47089
₽50614
₽64903
₽63264
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
137 000
income
-
-
-
28 725
health

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

-
-
-
6 741
total
-
-
-
35 466
Employee
46 292
-
132 358
-
income
5 023
-
27 821
-
social contributions
4 638
-
4 642
-
total
9 661
-
32 463
-
Employer
46 292
-
132 358
-
social contributions
4 638
-
4 642
-
total
4 638
-
4 642
-
Corporate
86 070
137 000
-
-
income
30 125
47 949
-
-
total
30 125
47 949
-
-
Dividends
55 945
89 051
-
-
social contributions
5 331
5 331
-
-
total
5 331
5 331
-
-
Income
137 000
137 000
137 000
137 000
Total tax
49 755
53 280
37 105
35 466
After tax
87 245
83 720
99 895
101 534
Living cost
36 631
36 631
36 631
36 631
Free-cash
50 614
47 089
63 264
64 903

Estimated living cost  is ₽36631 per week

₽24129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2888
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9052
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56527
₽59320
₽56344
₽43712
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 000
income
-
-
-
34 760
pensions
-
-
-
8 283
total
-
-
-
43 043
Employee
51 629
-
120 060
-
health
673
-
1 903
-
income
9 402
-
26 342
-
pensions
3 941
-
10 491
-
total
14 016
-
38 736
-
Employer
51 629
-
120 060
-
pensions
5 216
-
14 658
-
health
981
-
2 281
-
total
6 197
-
16 939
-
Corporate
79 174
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.

15 044
26 029
-
-
total
15 044
26 029
-
-
Dividends
64 130
110 971
-
-
withholding
4 810
16 831
-
-
total
4 810
16 831
-
-
Income
137 000
137 000
137 000
137 000
Total tax
40 067
42 860
55 675
43 043
After tax
96 933
94 140
81 325
93 957
Living cost
37 613
37 613
37 613
37 613
Free-cash
59 320
56 527
43 712
56 344

Estimated living cost  is ₽37613 per week

₽25802
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3459
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7879
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽12801
₽7432
₽69899
₽49121
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
253
income
-
-
-
36 216
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
43 203
Employee
37 593
-
120 964
-
health
4 304
-
13 851
-
income
5 157
-
26 439
-
pensions
4 233
-
7 654
-
total
13 694
-
47 944
-
Employer
37 593
-
120 964
-
accident
628
-
2 020
-
unemployment
921
-
2 964
-
pensions
6 112
-
11 053
-
total
7 661
-
16 037
-
Corporate
91 746
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.

82 572
123 300
-
-
total
82 572
123 300
-
-
Dividends
9 174
13 700
-
-
withholding
1 743
2 603
-
-
total
1 743
2 603
-
-
Income
137 000
137 000
137 000
137 000
Total tax
105 670
125 903
63 981
43 203
After tax
31 330
11 097
73 019
93 797
Living cost
23 898
23 898
23 898
23 898
Free-cash
7 432
-12 801
49 121
69 899

Estimated living cost  is ₽23898 per week

₽17539
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1393
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4485
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽101654
₽96932
₽63723
₽79208
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
work injury
-
-
-
685
health insurance
-
-
-
10 138
income
-
-
-
21 971
pensions
-
-
-
25 208
unemployment
-
-
-
1 644
total
-
-
-
59 646
Employee

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

21 810
-
137 000
-
work injury
109
-
403
-
income
2 181
-
21 971
-
pensions
4 013
-
14 848
-
health insurance
1 614
-
5 971
-
unemployment
262
-
968
-
total
8 179
-
44 161
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
115 190
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%.

1 152
1 370
-
-
total
1 152
1 370
-
-
Dividends
114 038
135 630
-
-
withholding
17 106
20 345
-
-
total
17 106
20 345
-
-
Income
137 000
137 000
137 000
137 000
Total tax
26 437
21 715
44 161
59 646
After tax
110 563
115 285
92 839
77 354
Living cost
13 631
13 631
13 631
13 631
Free-cash
96 932
101 654
79 208
63 723

Estimated living cost  is ₽13631 per week

₽8445
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽991
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽425
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3771
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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

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Rome , Italy
₽31962
₽27371
₽25955
₽19689
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
915
regional
-
-
-
3 069
national
-
-
-
31 624
social contributions
-
-
-
35 236
total
-
-
-
70 844
Employee
85 034
-
137 000
-
social contributions
28 673
-
46 197
-
regional
1 284
-
2 638
-
municipal
507
-
818
-
national
14 370
-
27 457
-
total
44 834
-
77 110
-
Employer
85 034
-
137 000
-
total
-
-
-
-
Corporate
51 966
137 000
-
-
nationa
12 472
32 880
-
-
municipal
2 505
6 603
-
-
total
14 977
39 483
-
-
Dividends
36 988
97 517
-
-
withholding
9 617
25 354
-
-
total
9 617
25 354
-
-
Income
137 000
137 000
137 000
137 000
Total tax
69 428
64 837
77 110
70 844
After tax
67 572
72 163
59 890
66 156
Living cost
40 201
40 201
40 201
40 201
Free-cash
27 371
31 962
19 689
25 955

Estimated living cost  is ₽40201 per week

₽28238
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2765
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽607
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8589
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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