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
₽ 140000
per

Your estimated
City
free-cash

Dresden , Germany
₽40108
₽51269
₽46640
₽61301
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
140 000
trade
-
-
-
14 661
income

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

-
-
-
39 089
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.

-
-
-
2 151
total
-
-
-
62 795
Employee

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

38 597
-
140 000
-
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
-
2 151
-
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
-
39 089
-
total
8 031
-
48 134
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
101 403
140 000
-
-
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.

837
1 155
-
-
income
15 211
21 000
-
-
trade
15 971
22 049
-
-
chamber of commerce
299
354
-
-
total
32 318
44 558
-
-
Dividends
69 086
95 442
-
-
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.

929
1 291
-
-
withholding
16 888
23 478
-
-
total
17 817
24 769
-
-
Income
140 000
140 000
140 000
140 000
Total tax
58 166
69 327
48 134
62 795
After tax
81 834
70 673
91 866
77 205
Living cost
30 565
30 565
30 565
30 565
Free-cash
51 269
40 108
61 301
46 640

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
₽36370
₽35521
₽32273
₽33372
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
140 000
municipal
-
-
-
15 074
pensions
-
-
-
16 800
national
-
-
-
23 358
social contributions
-
-
-
1 505
total
-
-
-
56 737
Employee
79 044
-
121 029
-
municipal
9 763
-
15 616
-
pensions
3 162
-
4 841
-
national
15 129
-
24 198
-
total
28 054
-
44 655
-
Employer
79 044
-
121 029
-
social contributions
850
-
1 301
-
pensions
6 324
-
9 682
-
total
7 174
-
10 983
-
Corporate
48 566
140 000
-
-
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%.

9 713
28 000
-
-
total
9 713
28 000
-
-
Dividends
38 853
112 000
-
-
withholding
8 548
24 640
-
-
total
8 548
24 640
-
-
Income
140 000
140 000
140 000
140 000
Total tax
53 489
52 640
55 638
56 737
After tax
86 511
87 360
84 362
83 263
Living cost
50 990
50 990
50 990
50 990
Free-cash
35 521
36 370
33 372
32 273

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
₽91005
₽82728
₽22485
₽57471
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
140 000
microenterprise
-
-
-
-
income
-
-
-
22 158
surtax
-
-
-
35 699
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
-
-
-
96 521
Employee
29 487
-
112 821
-
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
-
12 411
-
surtax
-
-
-
-
income
5 249
-
21 945
-
total
8 493
-
34 356
-
Employer
29 487
-
112 821
-
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
-
27 179
-
surtax
-
-
-
-
total
7 103
-
27 179
-
Corporate
103 410
140 000
-
-
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%.

20 682
28 001
-
-
total
20 682
28 001
-
-
Dividends

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

82 729
111 999
-
-
total
-
-
-
-
Income
140 000
140 000
140 000
140 000
Total tax
36 278
28 001
61 535
96 521
After tax
103 722
111 999
78 465
43 479
Living cost
20 994
20 994
20 994
20 994
Free-cash
82 728
91 005
57 471
22 485

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
₽26476
₽20295
₽37645
₽40601
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
140 000
income
-
-
-
35 815
pensions
-
-
-
11 823
health
-
-
-
12 444
total
-
-
-
60 082
Employee
86 174
86 174
121 247
-
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
121 247
-
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
39 793
38 735
-
-
income
7 959
7 748
-
-
total
7 959
7 748
-
-
Dividends
31 834
30 987
-
-
income
6 764
6 586
-
-
withholding
4 776
4 648
-
-
total
11 540
11 234
-
-
Income
140 000
140 000
140 000
140 000
Total tax
77 432
71 251
57 126
60 082
After tax
62 568
68 749
82 874
79 918
Living cost
42 273
42 273
42 273
42 273
Free-cash
20 295
26 476
40 601
37 645

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
₽37451
₽36575
₽34883
₽33927
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
140 000
municipal
-
-
-
34 366
accident
-
-
-
171
pensions
-
-
-
9 237
other
-
-
-
9 929
unemployment
-
-
-
85
health
-
-
-
5 332
national
-
-
-
7 008
total
-
-
-
66 128
Employee
55 556
-
113 151
-
municipal
16 567
-
33 742
-
national
-
-
6 494
-
total
16 567
-
40 236
-
Employer
55 556
-
113 151
-
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
66 988
140 000
-
-
income
14 737
30 800
-
-
total
14 737
30 800
-
-
Dividends
52 251
109 200
-
-
withholding
15 675
32 760
-
-
total
15 675
32 760
-
-
Income
140 000
140 000
140 000
140 000
Total tax
64 436
63 560
67 084
66 128
After tax
75 564
76 440
72 916
73 872
Living cost
38 989
38 989
38 989
38 989
Free-cash
36 575
37 451
33 927
34 883

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
₽30311
₽44490
₽36912
₽52224
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
140 000
trade
-
-
-
15 312
income

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

-
-
-
39 089
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.

-
-
-
2 151
total
-
-
-
63 446
Employee

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

51 174
-
140 000
-
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
-
2 151
-
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
-
39 089
-
total
11 532
-
48 134
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
88 826
140 000
-
-
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.

733
1 155
-
-
income
13 324
21 000
-
-
trade
14 611
23 030
-
-
chamber of commerce
280
352
-
-
total
28 948
45 537
-
-
Dividends
59 877
94 464
-
-
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.

802
1 277
-
-
withholding
14 586
23 233
-
-
total
15 388
24 510
-
-
Income
140 000
140 000
140 000
140 000
Total tax
55 868
70 047
48 134
63 446
After tax
84 132
69 953
91 866
76 554
Living cost
39 642
39 642
39 642
39 642
Free-cash
44 490
30 311
52 224
36 912

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
₽69524
₽65337
₽64850
₽63514
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
140 000
income
-
-
-
22 522
health
-
-
-
3 570
social contributions
-
-
-
16 327
total
-
-
-
42 419
Employee
77 596
77 596
128 928
-
social contributions
3 771
6 440
8 686
-
health
772
1 319
2 193
-
income
8 148
7 183
21 804
-
total
12 691
14 942
32 683
-
Employer
77 596
77 596
128 928
-
social contributions
3 771
6 440
8 686
-
health
841
1 436
2 386
-
total
4 612
7 876
11 072
-
Corporate
89 967
54 527
-
-
income
11 247
6 815
-
-
total
11 247
6 815
-
-
Dividends
78 721
47 712
-
-
withholding
13 382
8 112
-
-
total
13 382
8 112
-
-
Income
140 000
140 000
140 000
140 000
Total tax
41 932
37 745
43 755
42 419
After tax
98 068
102 255
96 245
97 581
Living cost
32 731
32 731
32 731
32 731
Free-cash
65 337
69 524
63 514
64 850

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
₽60389
₽60769
₽78650
₽62825
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
140 000
income
-
-
-
17 115
pensions
-
-
-
14 000
unemployment
-
-
-
2 100
health
-
-
-
9 800
total
-
-
-
43 015
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
117 155
-
health
1 853
737
8 201
-
income
3 236
1 288
14 322
-
pensions
2 647
1 053
11 715
-
unemployment
397
158
1 757
-
total
8 133
3 236
35 995
-
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
117 155
-
pensions
5 161
2 054
22 845
-
total
5 161
2 054
22 845
-
Corporate
108 372
127 413
-
-
income
9 754
11 467
-
-
total
9 754
11 467
-
-
Dividends
98 619
115 946
-
-
social contributions
19 110
22 489
-
-
withholding
18 738
22 030
-
-
total
37 848
44 519
-
-
Income
140 000
140 000
140 000
140 000
Total tax
60 896
61 276
58 840
43 015
After tax
79 104
78 724
81 160
96 985
Living cost
18 335
18 335
18 335
18 335
Free-cash
60 769
60 389
62 825
78 650

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
₽87625
₽81356
₽50666
₽56319
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
140 000
income
-
-
-
18 761
pensions
-
-
-
27 999
health
-
-
-
18 200
total
-
-
-
64 960
Employee
28 627
-
104 634
-
income
3 223
-
20 174
-
pensions
573
-
2 093
-
unemployment
458
-
1 674
-
total
4 254
-
23 941
-
Employer
28 627
-
104 634
-
unemployment
230
-
837
-
pensions
5 726
-
20 927
-
health
3 721
-
13 602
-
total
9 677
-
35 366
-
Corporate
101 697
140 000
-
-
income
20 339
28 001
-
-
total
20 339
28 001
-
-
Dividends
81 357
111 999
-
-
total
-
-
-
-
Income
140 000
140 000
140 000
140 000
Total tax
34 270
28 001
59 307
64 960
After tax
105 730
111 999
80 693
75 040
Living cost
24 374
24 374
24 374
24 374
Free-cash
81 356
87 625
56 319
50 666

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
-₽10731
₽7954
₽73766
₽52685
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
140 000
accident
-
-
-
253
income
-
-
-
37 176
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
44 163
Employee
34 719
-
123 845
-
health
3 975
-
14 180
-
income
4 763
-
27 255
-
pensions
3 909
-
7 654
-
total
12 647
-
49 089
-
Employer
34 719
-
123 845
-
accident
580
-
2 068
-
unemployment
851
-
3 034
-
pensions
5 646
-
11 053
-
total
7 077
-
16 155
-
Corporate
98 206
140 000
-
-
income

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

88 385
126 000
-
-
total
88 385
126 000
-
-
Dividends
9 821
14 000
-
-
withholding
1 866
2 660
-
-
total
1 866
2 660
-
-
Income
140 000
140 000
140 000
140 000
Total tax
109 975
128 660
65 244
44 163
After tax
30 025
11 340
74 756
95 837
Living cost
22 071
22 071
22 071
22 071
Free-cash
7 954
-10 731
52 685
73 766

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
₽123921
₽122219
₽129521
₽102921
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
140 000
microenterprise

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

-
-
-
1 400
total
-
-
-
1 400
Employee
11 349
-
140 000
-
income
2 269
-
28 000
-
total
2 269
-
28 000
-
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%.

128 651
140 000
-
-
total
-
-
-
-
Dividends
128 651
140 000
-
-
withholding
6 433
7 000
-
-
total
6 433
7 000
-
-
Income
140 000
140 000
140 000
140 000
Total tax
8 702
7 000
28 000
1 400
After tax
131 298
133 000
112 000
138 600
Living cost
9 079
9 079
9 079
9 079
Free-cash
122 219
123 921
102 921
129 521

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
₽75968
₽69155
₽47574
₽53364
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
140 000
income
-
-
-
19 127
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.

-
-
-
33 598
other
-
-
-
6 651
health
-
-
-
6 161
total
-
-
-
65 537
Employee
36 640
-
111 821
-
health
513
-
1 565
-
income
6 308
-
21 057
-
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
-
7 828
-
unemployment
366
-
1 118
-
total
9 751
-
31 568
-
Employer
36 640
-
111 821
-
accident
293
-
894
-
other
1 833
-
5 592
-
unemployment
366
-
1 118
-
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
-
19 010
-
health
513
-
1 565
-
total
9 234
-
28 179
-
Corporate
94 126
140 000
-
-
income
19 766
29 401
-
-
total
19 766
29 401
-
-
Dividends
74 359
110 599
-
-
withholding
5 205
7 742
-
-
total
5 205
7 742
-
-
Income
140 000
140 000
140 000
140 000
Total tax
43 956
37 143
59 747
65 537
After tax
96 044
102 857
80 253
74 463
Living cost
26 889
26 889
26 889
26 889
Free-cash
69 155
75 968
53 364
47 574

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
₽28057
₽23262
₽27997
₽15115
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
140 000
income
-
-
-
35 938
pensions
-
-
-
8 343
total
-
-
-
44 281
Employee
95 816
-
122 652
-
health
1 579
-
1 927
-
income
17 272
-
27 347
-
pensions
9 244
-
10 542
-
total
28 095
-
39 816
-
Employer
95 816
-
122 652
-
pensions
11 313
-
15 017
-
health
1 820
-
2 330
-
total
13 133
-
17 347
-
Corporate
31 051
140 000
-
-
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.

5 901
26 600
-
-
total
5 901
26 600
-
-
Dividends
25 150
113 400
-
-
withholding
1 887
17 621
-
-
total
1 887
17 621
-
-
Income
140 000
140 000
140 000
140 000
Total tax
49 016
44 221
57 163
44 281
After tax
90 984
95 779
82 837
95 719
Living cost
67 722
67 722
67 722
67 722
Free-cash
23 262
28 057
15 115
27 997

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
₽106461
₽101771
₽96344
₽101425
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
140 000
income
-
-
-
21 000
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
-
-
-
30 417
Employee
17 531
-
133 080
-
health
806
-
1 622
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
income
1 753
-
13 308
-
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
-
18 415
-
Employer
17 531
-
133 080
-
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
119 029
140 000
-
-
income
11 903
14 000
-
-
total
11 903
14 000
-
-
Dividends
107 126
126 000
-
-
withholding
5 356
6 300
-
-
total
5 356
6 300
-
-
Income
140 000
140 000
140 000
140 000
Total tax
24 990
20 300
25 336
30 417
After tax
115 010
119 700
114 664
109 583
Living cost
13 239
13 239
13 239
13 239
Free-cash
101 771
106 461
101 425
96 344

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
₽12792
₽15333
₽23961
₽26917
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
140 000
income
-
-
-
35 815
pensions
-
-
-
11 823
health
-
-
-
12 444
total
-
-
-
60 082
Employee
93 558
86 174
121 247
-
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
121 247
-
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
30 061
38 735
-
-
income
6 013
7 748
-
-
total
6 013
7 748
-
-
Dividends
24 048
30 987
-
-
income
5 109
6 586
-
-
withholding
3 608
4 648
-
-
total
8 717
11 234
-
-
Income
140 000
140 000
140 000
140 000
Total tax
68 710
71 251
57 126
60 082
After tax
71 290
68 749
82 874
79 918
Living cost
55 957
55 957
55 957
55 957
Free-cash
15 333
12 792
26 917
23 961

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
₽72223
₽63600
₽49209
₽46878
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
140 000
income
-
-
-
12 949
health
-
-
-
18 900
solidarity contribution
-
-
-
-
social contributions
-
-
-
34 775
total
-
-
-
66 624
Employee
35 540
-
104 478
-
social contributions
2 310
-
6 791
-
health
4 798
-
14 105
-
solidarity contribution
-
-
-
-
income
4 265
-
12 537
-
total
11 373
-
33 433
-
Employer
35 540
-
104 478
-
social contributions
8 885
-
26 119
-
health
3 199
-
9 403
-
total
12 084
-
35 522
-
Corporate
92 377
140 000
-
-
income
17 552
26 600
-
-
total
17 552
26 600
-
-
Dividends
74 825
113 400
-
-
withholding
11 224
17 010
-
-
total
11 224
17 010
-
-
Income
140 000
140 000
140 000
140 000
Total tax
52 233
43 610
68 955
66 624
After tax
87 767
96 390
71 045
73 376
Living cost
24 167
24 167
24 167
24 167
Free-cash
63 600
72 223
46 878
49 209

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
₽32114
₽26847
₽26497
₽19833
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
140 000
municipal
-
-
-
831
regional
-
-
-
1 612
national
-
-
-
32 471
social contributions
-
-
-
36 008
total
-
-
-
70 922
Employee
89 684
-
140 000
-
social contributions
30 241
-
47 208
-
regional
846
-
1 421
-
municipal
475
-
743
-
national
15 540
-
28 214
-
total
47 102
-
77 586
-
Employer
89 684
-
140 000
-
total
-
-
-
-
Corporate
50 316
140 000
-
-
nationa
12 076
33 600
-
-
municipal
1 963
5 460
-
-
total
14 039
39 060
-
-
Dividends
36 277
100 940
-
-
withholding
9 431
26 245
-
-
total
9 431
26 245
-
-
Income
140 000
140 000
140 000
140 000
Total tax
70 572
65 305
77 586
70 922
After tax
69 428
74 695
62 414
69 078
Living cost
42 581
42 581
42 581
42 581
Free-cash
26 847
32 114
19 833
26 497

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
₽65792
₽62651
₽44162
₽41159
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
140 000
income
-
-
-
32 302
pensions
-
-
-
26 936
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
9 562
surtax
-
-
-
4 540
total
-
-
-
73 570
Employee
33 371
-
115 653
-
other
-
-
-
-
health
852
-
2 949
-
surtax
109
-
4 066
-
income
5 594
-
29 452
-
pensions
2 225
-
7 714
-
unemployment
2 323
-
8 049
-
total
11 103
-
52 230
-
Employer
33 371
-
115 653
-
other
-
-
-
-
unemployment
1 057
-
3 665
-
pensions
4 449
-
15 416
-
health
1 519
-
5 262
-
total
7 025
-
24 343
-
Corporate
99 605
140 000
-
-
income
25 896
36 400
-
-
total
25 896
36 400
-
-
Dividends
73 709
103 600
-
-
withholding
11 057
15 540
-
-
total
11 057
15 540
-
-
Income
140 000
140 000
140 000
140 000
Total tax
55 081
51 940
76 573
73 570
After tax
84 919
88 060
63 427
66 430
Living cost
22 268
22 268
22 268
22 268
Free-cash
62 651
65 792
41 159
44 162

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
₽49513
₽50661
₽49453
₽36571
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
140 000
income
-
-
-
35 938
pensions
-
-
-
8 343
total
-
-
-
44 281
Employee
64 213
-
122 652
-
health
932
-
1 927
-
income
11 565
-
27 347
-
pensions
5 450
-
10 542
-
total
17 947
-
39 816
-
Employer
64 213
-
122 652
-
pensions
6 951
-
15 017
-
health
1 220
-
2 330
-
total
8 171
-
17 347
-
Corporate
67 616
140 000
-
-
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.

12 847
26 600
-
-
total
12 847
26 600
-
-
Dividends
54 768
113 400
-
-
withholding
4 108
17 621
-
-
total
4 108
17 621
-
-
Income
140 000
140 000
140 000
140 000
Total tax
43 073
44 221
57 163
44 281
After tax
96 927
95 779
82 837
95 719
Living cost
46 266
46 266
46 266
46 266
Free-cash
50 661
49 513
36 571
49 453

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
-₽12248
₽20383
₽38596
₽31793
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
140 000
city
-
-
-
1 475
pensions
-
-
-
12 881
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.

-
-
-
2 799
regional
-
-
-
6 055
health
-
-
-
315
national
-
-
-
1 613
total
-
-
-
25 138
Employee
89 251
-
125 307
-
city
958
-
1 346
-
regional
2 923
-
5 183
-
health
202
-
282
-
pensions
7 498
-
10 527
-
unemployment
-
-
-
-
national
422
-
1 289
-
total
12 003
-
18 627
-
Employer
89 251
-
125 307
-
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
-
2 505
-
unemployment
-
-
-
-
pensions
7 498
-
10 527
-
health
202
-
282
-
total
9 484
-
13 314
-
Corporate
40 283
140 000
-
-
regional
8 521
29 609
-
-
national
3 424
11 900
-
-
total
11 945
41 509
-
-
Dividends
28 339
98 491
-
-
withholding
9 919
34 473
-
-
total
9 919
34 473
-
-
Income
140 000
140 000
140 000
140 000
Total tax
43 351
75 982
31 941
25 138
After tax
96 649
64 018
108 059
114 862
Living cost
76 266
76 266
76 266
76 266
Free-cash
20 383
-12 248
31 793
38 596

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
₽23005
₽39366
₽29675
₽45638
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
140 000
trade
-
-
-
15 963
income

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

-
-
-
39 089
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.

-
-
-
2 151
total
-
-
-
64 097
Employee

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

60 646
-
140 000
-
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
-
2 151
-
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
-
39 089
-
total
14 418
-
48 134
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
79 354
140 000
-
-
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.

655
1 155
-
-
income
11 904
21 000
-
-
trade
13 610
24 010
-
-
chamber of commerce
264
350
-
-
total
26 433
46 515
-
-
Dividends
52 921
93 485
-
-
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.

707
1 264
-
-
withholding
12 848
22 988
-
-
total
13 555
24 252
-
-
Income
140 000
140 000
140 000
140 000
Total tax
54 406
70 767
48 134
64 097
After tax
85 594
69 233
91 866
75 903
Living cost
46 228
46 228
46 228
46 228
Free-cash
39 366
23 005
45 638
29 675

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
₽36034
₽41996
₽44982
₽46641
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
140 000
income
-
-
-
18 862
pensions
-
-
-
28 561
other
-
-
-
4 339
health
-
-
-
4 742
surtax
-
-
-
-
social contributions
-
-
-
3 989
total
-
-
-
60 493
Employee
43 189
-
110 590
-
social contributions
1 231
-
3 152
-
surtax
-
-
-
-
income
2 549
-
19 511
-
pensions
4 883
-
6 760
-
total
8 663
-
29 423
-
Employer
43 189
-
110 590
-
other
1 490
-
3 919
-
social contributions
130
-
331
-
unemployment
1 748
-
4 479
-
pensions
7 095
-
11 548
-
health
3 024
-
9 134
-
total
13 487
-
29 411
-
Corporate
83 324
140 000
-
-
surtax
-
-
-
-
income
23 330
39 200
-
-
total
23 330
39 200
-
-
Dividends
59 994
100 800
-
-
surtax
-
-
-
-
social contributions
10 320
17 338
-
-
withholding
7 679
12 903
-
-
total
17 999
30 241
-
-
Income
140 000
140 000
140 000
140 000
Total tax
63 479
69 441
58 834
60 493
After tax
76 521
70 559
81 166
79 507
Living cost
34 525
34 525
34 525
34 525
Free-cash
41 996
36 034
46 641
44 982

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
₽39454
₽45061
₽48402
₽50061
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
140 000
income
-
-
-
18 862
pensions
-
-
-
28 561
other
-
-
-
4 339
health
-
-
-
4 742
surtax
-
-
-
-
social contributions
-
-
-
3 989
total
-
-
-
60 493
Employee
38 552
-
110 590
-
social contributions
1 099
-
3 152
-
surtax
-
-
-
-
income
1 988
-
19 511
-
pensions
4 360
-
6 760
-
total
7 447
-
29 423
-
Employer
38 552
-
110 590
-
other
1 331
-
3 919
-
social contributions
115
-
331
-
unemployment
1 561
-
4 479
-
pensions
6 335
-
11 548
-
health
2 698
-
9 134
-
total
12 040
-
29 411
-
Corporate
89 409
140 000
-
-
surtax
-
-
-
-
income
25 035
39 200
-
-
total
25 035
39 200
-
-
Dividends
64 374
100 800
-
-
surtax
-
-
-
-
social contributions
11 072
17 338
-
-
withholding
8 240
12 903
-
-
total
19 312
30 241
-
-
Income
140 000
140 000
140 000
140 000
Total tax
63 834
69 441
58 834
60 493
After tax
76 166
70 559
81 166
79 507
Living cost
31 105
31 105
31 105
31 105
Free-cash
45 061
39 454
50 061
48 402

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
₽64016
₽64538
₽68510
₽66731
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
140 000
income
-
-
-
21 000
health
-
-
-
9 772
social contributions
-
-
-
19 320
total
-
-
-
50 092
Employee
34 215
-
140 000
-
social contributions
4 722
-
19 320
-
health
2 388
-
9 772
-
income
5 707
-
22 779
-
total
12 817
-
51 871
-
Employer
34 215
-
140 000
-
total
-
-
-
-
Corporate
105 785
140 000
-
-
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%.

5 289
6 999
-
-
total
5 289
6 999
-
-
Dividends
100 496
133 001
-
-
health
7 015
9 284
-
-
social contributions
13 868
18 353
-
-
withholding
15 075
19 950
-
-
total
35 958
47 587
-
-
Income
140 000
140 000
140 000
140 000
Total tax
54 064
54 586
51 871
50 092
After tax
85 936
85 414
88 129
89 908
Living cost
21 398
21 398
21 398
21 398
Free-cash
64 538
64 016
66 731
68 510

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
₽42268
₽40704
₽35479
₽1886
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
140 000
chamber of commerce
-
-
-
559
income
-
-
-
31 189
pensions
-
-
-
21 810
unemployment
-
-
-
6 189
health
-
-
-
9 018
surtax
-
-
-
199
total
-
-
-
68 964
Employee
50 431
40 215
108 556
-
other
504
402
1 086
-
health
1 951
1 557
4 201
-
income
5 741
2 966
25 272
-
pensions
5 165
4 117
11 116
-
unemployment
1 513
1 206
3 257
-
total
14 874
10 248
44 932
-
Employer
50 431
40 215
108 556
-
accident
655
523
1 411
-
other
2 396
1 909
5 157
-
chamber of commerce
201
161
435
-
unemployment
1 513
1 206
3 257
-
surtax
199
199
199
-
pensions
6 329
5 048
13 623
-
payroll
1 513
1 206
3 257
-
health
1 905
1 520
4 104
-
total
14 711
11 772
31 443
-
Corporate
74 858
88 012
104 726
-
income

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

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

18 715
22 003
26 182
-
total
18 715
22 003
26 182
-
Dividends
56 143
66 009
-
-
withholding
15 439
18 152
-
-
total
15 439
18 152
-
-
Income
140 000
140 000
140 000
140 000
Total tax
63 739
62 175
102 557
68 964
After tax
76 261
77 825
37 443
71 036
Living cost
35 557
35 557
35 557
35 557
Free-cash
40 704
42 268
1 886
35 479

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
₽41582
₽26447
₽25030
₽14606
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
140 000
national
-
-
-
49 058
communal

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

-
-
-
7 078
social contributions
-
-
-
22 040
total
-
-
-
78 176
Employee

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

72 183
-
108 431
-
communal

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

3 765
-
5 655
-
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
-
5 096
-
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
-
8 133
-
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
-
944
-
national
22 192
-
37 208
-
total
35 390
-
57 036
-
Employer

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

72 183
-
108 431
-
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
-
1 409
-
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
-
1 584
-
surtax
8 185
-
12 294
-
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
-
9 607
-
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
-
6 670
-
total
21 011
-
31 564
-
Corporate
46 806
140 000
-
-
surtax
188
559
-
-
income
9 360
28 001
-
-
total
9 548
28 560
-
-
Dividends
37 258
111 440
-
-
withholding

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

10 810
33 064
-
-
total
10 810
33 064
-
-
Income
140 000
140 000
140 000
140 000
Total tax
76 759
61 624
88 600
78 176
After tax
63 241
78 376
51 400
61 824
Living cost
36 794
36 794
36 794
36 794
Free-cash
26 447
41 582
14 606
25 030

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
₽57331
₽49759
₽42310
₽37459
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
140 000
accident
-
-
-
843
income
-
-
-
33 186
pensions
-
-
-
26 469
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
61 247
Employee
50 231
-
110 182
-
other
50
-
94
-
income
10 598
-
30 338
-
pensions
2 361
-
4 397
-
unemployment
779
-
1 450
-
total
13 788
-
36 279
-
Employer
50 231
-
110 182
-
accident
994
-
1 852
-
other
400
-
749
-
unemployment
2 763
-
5 144
-
pensions
11 854
-
22 074
-
total
16 011
-
29 819
-
Corporate
73 758
140 000
-
-
income

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

11 063
21 000
-
-
total
11 063
21 000
-
-
Dividends
62 695
119 000
-
-
withholding
12 936
25 226
-
-
total
12 936
25 226
-
-
Income
140 000
140 000
140 000
140 000
Total tax
53 798
46 226
66 098
61 247
After tax
86 202
93 774
73 902
78 753
Living cost
36 443
36 443
36 443
36 443
Free-cash
49 759
57 331
37 459
42 310

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
₽28993
₽18192
₽18609
₽24190
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
140 000
accident
-
-
-
1 180
income
-
-
-
18 766
pensions
-
-
-
20 984
health
-
-
-
9 835
surtax
-
-
-
6 940
communal
-
-
-
8 847
total
-
-
-
66 552
Employee
76 419
-
125 055
-
health
3 401
-
5 563
-
surtax
4 684
-
7 664
-
income
7 381
-
22 797
-
pensions
6 113
-
10 004
-
total
21 579
-
46 028
-
Employer
76 419
-
125 055
-
accident
687
-
1 126
-
pensions
6 113
-
10 004
-
health
2 331
-
3 813
-
total
9 131
-
14 943
-
Corporate
54 450
140 000
-
-
surtax
573
1 471
-
-
communal
3 675
9 450
-
-
income
8 167
21 000
-
-
total
12 415
31 921
-
-
Dividends
42 035
108 079
-
-
income
17 538
8 035
-
-
withholding
6 306
16 212
-
-
total
23 844
24 247
-
-
Income
140 000
140 000
140 000
140 000
Total tax
66 969
56 168
60 971
66 552
After tax
73 031
83 832
79 029
73 448
Living cost
54 839
54 839
54 839
54 839
Free-cash
18 192
28 993
24 190
18 609

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
₽65394
₽62185
₽43764
₽40761
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
140 000
income
-
-
-
32 302
pensions
-
-
-
26 936
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
9 562
surtax
-
-
-
4 540
total
-
-
-
73 570
Employee
33 983
-
115 653
-
other
-
-
-
-
health
867
-
2 949
-
surtax
121
-
4 066
-
income
5 697
-
29 452
-
pensions
2 267
-
7 714
-
unemployment
2 365
-
8 049
-
total
11 317
-
52 230
-
Employer
33 983
-
115 653
-
other
-
-
-
-
unemployment
1 078
-
3 665
-
pensions
4 531
-
15 416
-
health
1 545
-
5 262
-
total
7 154
-
24 343
-
Corporate
98 862
140 000
-
-
income
25 705
36 400
-
-
total
25 705
36 400
-
-
Dividends
73 157
103 600
-
-
withholding
10 973
15 540
-
-
total
10 973
15 540
-
-
Income
140 000
140 000
140 000
140 000
Total tax
55 149
51 940
76 573
73 570
After tax
84 851
88 060
63 427
66 430
Living cost
22 666
22 666
22 666
22 666
Free-cash
62 185
65 394
40 761
43 764

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
₽46406
₽44163
₽41396
₽34769
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
140 000
municipal
-
-
-
831
regional
-
-
-
2 111
national
-
-
-
32 471
social contributions
-
-
-
36 008
total
-
-
-
71 421
Employee
55 977
-
140 000
-
social contributions
18 876
-
47 208
-
regional
754
-
1 883
-
municipal
297
-
743
-
national
8 868
-
28 214
-
total
28 795
-
78 048
-
Employer
55 977
-
140 000
-
total
-
-
-
-
Corporate
84 023
140 000
-
-
nationa
20 165
33 600
-
-
municipal
4 177
6 957
-
-
total
24 342
40 557
-
-
Dividends
59 681
99 442
-
-
withholding
15 517
25 854
-
-
total
15 517
25 854
-
-
Income
140 000
140 000
140 000
140 000
Total tax
68 654
66 411
78 048
71 421
After tax
71 346
73 589
61 952
68 579
Living cost
27 183
27 183
27 183
27 183
Free-cash
44 163
46 406
34 769
41 396

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
₽66610
₽55986
₽43596
₽41265
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
140 000
income
-
-
-
12 949
health
-
-
-
18 900
solidarity contribution
-
-
-
-
social contributions
-
-
-
34 775
total
-
-
-
66 624
Employee
43 794
-
104 478
-
social contributions
2 847
-
6 791
-
health
5 912
-
14 105
-
solidarity contribution
-
-
-
-
income
5 255
-
12 537
-
total
14 014
-
33 433
-
Employer
43 794
-
104 478
-
social contributions
10 949
-
26 119
-
health
3 941
-
9 403
-
total
14 890
-
35 522
-
Corporate
81 316
140 000
-
-
income
15 450
26 600
-
-
total
15 450
26 600
-
-
Dividends
65 866
113 400
-
-
withholding
9 880
17 010
-
-
total
9 880
17 010
-
-
Income
140 000
140 000
140 000
140 000
Total tax
54 234
43 610
68 955
66 624
After tax
85 766
96 390
71 045
73 376
Living cost
29 780
29 780
29 780
29 780
Free-cash
55 986
66 610
41 265
43 596

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
₽45738
₽45239
₽39041
₽5285
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
140 000
chamber of commerce
-
-
-
559
income
-
-
-
31 189
pensions
-
-
-
21 810
unemployment
-
-
-
6 189
health
-
-
-
9 018
surtax
-
-
-
-
total
-
-
-
68 765
Employee
44 111
40 215
108 711
-
other
440
402
1 088
-
health
1 706
1 557
4 207
-
income
3 930
2 966
25 326
-
pensions
4 517
4 117
11 132
-
unemployment
1 323
1 206
3 261
-
total
11 916
10 248
45 014
-
Employer
44 111
40 215
108 711
-
accident
573
523
1 413
-
other
2 095
1 909
5 165
-
chamber of commerce
176
161
435
-
unemployment
1 323
1 206
3 261
-
surtax
-
-
-
-
pensions
5 536
5 048
13 642
-
payroll
1 323
1 206
3 261
-
health
1 668
1 520
4 110
-
total
12 694
11 573
31 287
-
Corporate
83 194
88 211
104 883
-
income

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

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

20 799
22 053
26 220
-
total
20 799
22 053
26 220
-
Dividends
62 396
66 158
-
-
withholding
17 158
18 194
-
-
total
17 158
18 194
-
-
Income
140 000
140 000
140 000
140 000
Total tax
62 567
62 068
102 521
68 765
After tax
77 433
77 932
37 479
71 235
Living cost
32 194
32 194
32 194
32 194
Free-cash
45 239
45 738
5 285
39 041

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
₽118851
₽116198
₽124451
₽97851
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
140 000
microenterprise

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

-
-
-
1 400
total
-
-
-
1 400
Employee
17 686
-
140 000
-
income
3 537
-
28 000
-
total
3 537
-
28 000
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

122 314
140 000
-
-
total
-
-
-
-
Dividends
122 314
140 000
-
-
withholding
6 116
7 000
-
-
total
6 116
7 000
-
-
Income
140 000
140 000
140 000
140 000
Total tax
9 653
7 000
28 000
1 400
After tax
130 347
133 000
112 000
138 600
Living cost
14 149
14 149
14 149
14 149
Free-cash
116 198
118 851
97 851
124 451

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
₽69323
₽60881
₽43226
₽39517
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
140 000
income
-
-
-
30 153
pensions
-
-
-
25 567
unemployment
-
-
-
211
health
-
-
-
13 776
total
-
-
-
69 707
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
-
121 139
-
health
2 882
-
7 825
-
income
7 695
-
27 784
-
pensions
6 917
-
18 776
-
unemployment
63
-
170
-
total
17 557
-
54 555
-
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
-
121 139
-
unemployment
27
-
73
-
pensions
3 949
-
10 720
-
health
2 972
-
8 068
-
total
6 948
-
18 861
-
Corporate
88 429
140 000
-
-
income
16 802
26 599
-
-
total
16 802
26 599
-
-
Dividends
71 627
113 401
-
-
withholding
10 745
17 011
-
-
total
10 745
17 011
-
-
Income
140 000
140 000
140 000
140 000
Total tax
52 052
43 610
73 416
69 707
After tax
87 948
96 390
66 584
70 293
Living cost
27 067
27 067
27 067
27 067
Free-cash
60 881
69 323
39 517
43 226

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
₽41611
-₽10543
₽53186
₽83152
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
140 000
income
-
-
-
27 289
social contributions
-
-
-
15 960
total
-
-
-
43 249
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
-
140 000
-
-
income
-
30 800
-
-
total
-
30 800
-
-
Dividends
-
109 200
-
-
income
-
24 024
-
-
total
-
24 024
-
-
Income
140 000
140 000
140 000
140 000
Total tax
106 978
54 824
13 283
43 249
After tax
33 022
85 176
126 717
96 751
Living cost
43 565
43 565
43 565
43 565
Free-cash
-10 543
41 611
83 152
53 186

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
₽47979
₽46964
₽44609
₽35132
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
140 000
income
-
-
-
15 088
surtax
-
-
-
-
social contributions

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

-
-
-
48 650
total
-
-
-
63 738
Employee
46 411
-
113 131
-
social contributions
5 105
-
12 444
-
surtax
-
-
-
-
income
9 654
-
33 902
-
total
14 759
-
46 346
-
Employer
46 411
-
113 131
-
social contributions
11 023
-
26 869
-
total
11 023
-
26 869
-
Corporate
82 566
140 000
-
-
surtax
-
-
-
-
income
17 338
29 401
-
-
total
17 338
29 401
-
-
Dividends
65 228
110 599
-
-
withholding
18 263
30 967
-
-
total
18 263
30 967
-
-
Income
140 000
140 000
140 000
140 000
Total tax
61 383
60 368
73 215
63 738
After tax
78 617
79 632
66 785
76 262
Living cost
31 653
31 653
31 653
31 653
Free-cash
46 964
47 979
35 132
44 609

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
₽21820
₽28755
₽30768
₽32427
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
140 000
income
-
-
-
18 862
pensions
-
-
-
28 561
other
-
-
-
4 339
health
-
-
-
4 742
surtax
-
-
-
-
social contributions
-
-
-
3 989
total
-
-
-
60 493
Employee
63 203
-
110 590
-
social contributions
1 800
-
3 152
-
surtax
-
-
-
-
income
5 515
-
19 511
-
pensions
7 149
-
6 760
-
total
14 464
-
29 423
-
Employer
63 203
-
110 590
-
other
2 181
-
3 919
-
social contributions
190
-
331
-
unemployment
2 560
-
4 479
-
pensions
10 385
-
11 548
-
health
4 424
-
9 134
-
total
19 740
-
29 411
-
Corporate
57 057
140 000
-
-
surtax
-
-
-
-
income
15 977
39 200
-
-
total
15 977
39 200
-
-
Dividends
41 081
100 800
-
-
surtax
-
-
-
-
social contributions
7 066
17 338
-
-
withholding
5 259
12 903
-
-
total
12 325
30 241
-
-
Income
140 000
140 000
140 000
140 000
Total tax
62 506
69 441
58 834
60 493
After tax
77 494
70 559
81 166
79 507
Living cost
48 739
48 739
48 739
48 739
Free-cash
28 755
21 820
32 427
30 768

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
₽95666
₽92276
₽74074
₽77795
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
140 000
income
-
-
-
4 791
social contributions
-
-
-
30 801
total
-
-
-
35 592
Employee
32 442
-
121 212
-
income
-
-
5 205
-
social contributions
2 108
-
7 878
-
total
2 108
-
13 083
-
Employer
32 442
-
121 212
-
social contributions
5 029
-
18 788
-
total
5 029
-
18 788
-
Corporate
102 529
140 000
-
-
income
10 253
14 000
-
-
total
10 253
14 000
-
-
Dividends
92 276
126 000
-
-
total
-
-
-
-
Income
140 000
140 000
140 000
140 000
Total tax
17 390
14 000
31 871
35 592
After tax
122 610
126 000
108 129
104 408
Living cost
30 334
30 334
30 334
30 334
Free-cash
92 276
95 666
77 795
74 074

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
-₽79958
-₽79958
₽36135
-₽79958
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
140 000
municipal
-
-
-
28 039
pensions
-
-
-
875
national
-
-
-
15 201
labour market
-
-
-
11 130
total
-
-
-
55 245
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
140 000
140 000
140 000
140 000
Total tax
171 338
171 338
171 338
55 245
After tax
-31 338
-31 338
-31 338
84 755
Living cost
48 620
48 620
48 620
48 620
Free-cash
-79 958
-79 958
-79 958
36 135

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
-₽10405
₽8005
₽74092
₽53011
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
140 000
accident
-
-
-
253
income
-
-
-
37 176
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
44 163
Employee
34 207
-
123 845
-
health
3 917
-
14 180
-
income
4 693
-
27 255
-
pensions
3 852
-
7 654
-
total
12 462
-
49 089
-
Employer
34 207
-
123 845
-
accident
571
-
2 068
-
unemployment
838
-
3 034
-
pensions
5 562
-
11 053
-
total
6 971
-
16 155
-
Corporate
98 822
140 000
-
-
income

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

88 939
126 000
-
-
total
88 939
126 000
-
-
Dividends
9 882
14 000
-
-
withholding
1 878
2 660
-
-
total
1 878
2 660
-
-
Income
140 000
140 000
140 000
140 000
Total tax
110 250
128 660
65 244
44 163
After tax
29 750
11 340
74 756
95 837
Living cost
21 745
21 745
21 745
21 745
Free-cash
8 005
-10 405
53 011
74 092

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
₽51328
₽52461
₽56296
₽37099
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
140 000
municipal
-
-
-
24 887
health
-
-
-
1 735
national
-
-
-
18 339
total
-
-
-
44 961
Employee
53 092
-
117 773
-
health
396
-
1 392
-
municipal
8 696
-
19 200
-
pensions
3 583
-
7 949
-
unemployment
797
-
1 768
-
national
877
-
11 623
-
total
14 349
-
41 932
-
Employer
53 092
-
117 773
-
accident
54
-
119
-
unemployment
345
-
766
-
pensions
9 211
-
20 433
-
health
408
-
908
-
total
10 018
-
22 226
-
Corporate
76 891
140 000
-
-
income
15 377
28 001
-
-
total
15 377
28 001
-
-
Dividends

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

46 135
83 999
-
-
national
747
6 807
-
-
municipal
8 305
15 121
-
-
total
9 052
21 928
-
-
Income
140 000
140 000
140 000
140 000
Total tax
48 796
49 929
64 158
44 961
After tax
91 204
90 071
75 842
95 039
Living cost
38 743
38 743
38 743
38 743
Free-cash
52 461
51 328
37 099
56 296

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
₽78891
₽73399
₽74217
₽72881
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
140 000
income
-
-
-
22 522
health
-
-
-
3 570
social contributions
-
-
-
16 327
total
-
-
-
42 419
Employee
77 596
77 596
128 928
-
social contributions
2 934
6 440
8 686
-
health
601
1 319
2 193
-
income
8 449
7 183
21 804
-
total
11 984
14 942
32 683
-
Employer
77 596
77 596
128 928
-
social contributions
2 934
6 440
8 686
-
health
653
1 436
2 386
-
total
3 587
7 876
11 072
-
Corporate
101 065
54 527
-
-
income
12 633
6 815
-
-
total
12 633
6 815
-
-
Dividends
88 432
47 712
-
-
withholding
15 033
8 112
-
-
total
15 033
8 112
-
-
Income
140 000
140 000
140 000
140 000
Total tax
43 237
37 745
43 755
42 419
After tax
96 763
102 255
96 245
97 581
Living cost
23 364
23 364
23 364
23 364
Free-cash
73 399
78 891
72 881
74 217

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
₽99912
₽94777
₽99946
₽79705
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
140 000
income
-
-
-
13 932
pensions
-
-
-
6 419
unemployment
-
-
-
29
health
-
-
-
3 652
total
-
-
-
24 032
Employee

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

23 163
-
130 138
-
health
1 969
-
8 139
-
income
1 584
-
11 431
-
pensions
3 474
-
14 362
-
unemployment
115
-
479
-
total
7 142
-
34 411
-
Employer

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

23 163
-
130 138
-
unemployment
115
-
479
-
pensions
1 273
-
5 266
-
health
996
-
4 117
-
total
2 384
-
9 862
-
Corporate
114 453
140 000
-
-
income
10 301
12 601
-
-
total
10 301
12 601
-
-
Dividends
104 152
127 399
-
-
withholding
9 374
11 465
-
-
total
9 374
11 465
-
-
Income
140 000
140 000
140 000
140 000
Total tax
29 201
24 066
44 273
24 032
After tax
110 799
115 934
95 727
115 968
Living cost
16 022
16 022
16 022
16 022
Free-cash
94 777
99 912
79 705
99 946

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
₽66024
₽61196
₽51003
₽46152
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
140 000
accident
-
-
-
843
income
-
-
-
33 186
pensions
-
-
-
26 469
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
61 247
Employee
37 313
-
110 182
-
other
36
-
94
-
income
7 194
-
30 338
-
pensions
1 754
-
4 397
-
unemployment
578
-
1 450
-
total
9 562
-
36 279
-
Employer
37 313
-
110 182
-
accident
739
-
1 852
-
other
299
-
749
-
unemployment
2 053
-
5 144
-
pensions
8 805
-
22 074
-
total
11 896
-
29 819
-
Corporate
90 791
140 000
-
-
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.

13 619
21 000
-
-
total
13 619
21 000
-
-
Dividends
77 172
119 000
-
-
withholding
15 977
25 226
-
-
total
15 977
25 226
-
-
Income
140 000
140 000
140 000
140 000
Total tax
51 054
46 226
66 098
61 247
After tax
88 946
93 774
73 902
78 753
Living cost
27 750
27 750
27 750
27 750
Free-cash
61 196
66 024
46 152
51 003

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
₽84604
₽84150
₽86625
₽86428
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
140 000
income
-
-
-
47 151
pensions
-
-
-
2 010
health
-
-
-
1 458
total
-
-
-
50 619
Employee
4 198
-
137 738
-
health
210
-
503
-
income
812
-
47 045
-
pensions
378
-
905
-
unemployment
42
-
101
-
total
1 442
-
48 554
-
Employer
4 198
-
137 738
-
unemployment
84
-
201
-
pensions
462
-
1 106
-
health
399
-
955
-
total
945
-
2 262
-
Corporate
134 858
140 000
-
-
income
29 669
30 800
-
-
total
29 669
30 800
-
-
Dividends
105 189
109 200
-
-
withholding
21 038
21 840
-
-
total
21 038
21 840
-
-
Income
140 000
140 000
140 000
140 000
Total tax
53 094
52 640
50 816
50 619
After tax
86 906
87 360
89 184
89 381
Living cost
2 756
2 756
2 756
2 756
Free-cash
84 150
84 604
86 428
86 625

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
₽83697
₽78732
₽63570
₽63571
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
140 000
income
-
-
-
30 784
pensions
-
-
-
19 392
unemployment
-
-
-
1 119
health
-
-
-
7 682
total
-
-
-
58 977
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
-
126 649
-
health
1 355
-
3 841
-
income
3 628
-
30 784
-
pensions
3 685
-
10 442
-
unemployment
197
-
559
-
total
8 865
-
45 626
-
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
-
126 649
-
unemployment
197
-
559
-
pensions
3 158
-
8 950
-
health
1 355
-
3 841
-
total
4 710
-
13 350
-
Corporate
108 970
140 000
-
-
income
16 346
21 000
-
-
total
16 346
21 000
-
-
Dividends
92 625
119 000
-
-
withholding
13 894
17 850
-
-
total
13 894
17 850
-
-
Income
140 000
140 000
140 000
140 000
Total tax
43 815
38 850
58 976
58 977
After tax
96 185
101 150
81 024
81 023
Living cost
17 453
17 453
17 453
17 453
Free-cash
78 732
83 697
63 571
63 570

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
₽52427
₽52062
₽49057
₽39580
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
140 000
income
-
-
-
15 088
surtax
-
-
-
-
social contributions

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

-
-
-
48 650
total
-
-
-
63 738
Employee
39 166
-
113 131
-
social contributions
4 309
-
12 444
-
surtax
-
-
-
-
income
7 653
-
33 902
-
total
11 962
-
46 346
-
Employer
39 166
-
113 131
-
social contributions
9 301
-
26 869
-
total
9 301
-
26 869
-
Corporate
91 533
140 000
-
-
surtax
-
-
-
-
income
19 223
29 401
-
-
total
19 223
29 401
-
-
Dividends
72 310
110 599
-
-
withholding
20 247
30 967
-
-
total
20 247
30 967
-
-
Income
140 000
140 000
140 000
140 000
Total tax
60 733
60 368
73 215
63 738
After tax
79 267
79 632
66 785
76 262
Living cost
27 205
27 205
27 205
27 205
Free-cash
52 062
52 427
39 580
49 057

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
₽58309
₽51077
₽43288
₽38437
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
140 000
accident
-
-
-
843
income
-
-
-
33 186
pensions
-
-
-
26 469
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
61 247
Employee
48 736
-
110 182
-
other
48
-
94
-
income
10 179
-
30 338
-
pensions
2 290
-
4 397
-
unemployment
755
-
1 450
-
total
13 272
-
36 279
-
Employer
48 736
-
110 182
-
accident
965
-
1 852
-
other
391
-
749
-
unemployment
2 681
-
5 144
-
pensions
11 501
-
22 074
-
total
15 538
-
29 819
-
Corporate
75 726
140 000
-
-
income

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

11 360
21 000
-
-
total
11 360
21 000
-
-
Dividends
64 366
119 000
-
-
withholding
13 288
25 226
-
-
total
13 288
25 226
-
-
Income
140 000
140 000
140 000
140 000
Total tax
53 458
46 226
66 098
61 247
After tax
86 542
93 774
73 902
78 753
Living cost
35 465
35 465
35 465
35 465
Free-cash
51 077
58 309
38 437
43 288

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
₽102329
₽96176
₽92212
₽97293
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
140 000
income
-
-
-
21 000
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
-
-
-
30 417
Employee
23 001
-
133 080
-
health
1 058
-
1 622
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
income
2 300
-
13 308
-
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
-
18 415
-
Employer
23 001
-
133 080
-
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
112 486
140 000
-
-
income
11 249
14 000
-
-
total
11 249
14 000
-
-
Dividends
101 237
126 000
-
-
withholding
5 061
6 300
-
-
total
5 061
6 300
-
-
Income
140 000
140 000
140 000
140 000
Total tax
26 453
20 300
25 336
30 417
After tax
113 547
119 700
114 664
109 583
Living cost
17 371
17 371
17 371
17 371
Free-cash
96 176
102 329
97 293
92 212

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
₽33154
₽46355
₽39550
₽52907
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
140 000
trade
-
-
-
13 357
income

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

-
-
-
39 089
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.

-
-
-
2 151
total
-
-
-
61 491
Employee

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

50 210
-
140 000
-
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
-
2 151
-
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
-
39 089
-
total
11 251
-
48 134
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
89 790
140 000
-
-
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.

741
1 155
-
-
income
13 468
21 000
-
-
trade
12 884
20 090
-
-
chamber of commerce
285
358
-
-
total
27 378
42 603
-
-
Dividends
62 412
97 397
-
-
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.

837
1 318
-
-
withholding
15 220
23 966
-
-
total
16 057
25 284
-
-
Income
140 000
140 000
140 000
140 000
Total tax
54 686
67 887
48 134
61 491
After tax
85 314
72 113
91 866
78 509
Living cost
38 959
38 959
38 959
38 959
Free-cash
46 355
33 154
52 907
39 550

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
₽40517
₽42744
₽20713
₽20713
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
140 000
income
-
-
-
39 320
social contributions
-
-
-
22 483
total
-
-
-
61 803
Employee
78 935
-
140 000
-
income
14 895
-
39 320
-
social contributions
6 558
-
22 483
-
total
21 453
-
61 803
-
Employer
78 935
-
140 000
-
total
-
-
-
-
Corporate
61 065
140 000
-
-
income
7 633
17 499
-
-
total
7 633
17 499
-
-
Dividends
53 432
122 501
-
-
withholding
10 686
24 500
-
-
total
10 686
24 500
-
-
Income
140 000
140 000
140 000
140 000
Total tax
39 772
41 999
61 803
61 803
After tax
100 228
98 001
78 197
78 197
Living cost
57 484
57 484
57 484
57 484
Free-cash
42 744
40 517
20 713
20 713

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
₽49037
₽52565
₽67903
₽65215
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
140 000
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
-
135 358
-
income
5 023
-
28 870
-
social contributions
4 638
-
4 642
-
total
9 661
-
33 512
-
Employer
46 292
-
135 358
-
social contributions
4 638
-
4 642
-
total
4 638
-
4 642
-
Corporate
89 070
140 000
-
-
income
31 174
49 001
-
-
total
31 174
49 001
-
-
Dividends
57 896
90 999
-
-
social contributions
5 331
5 331
-
-
total
5 331
5 331
-
-
Income
140 000
140 000
140 000
140 000
Total tax
50 804
54 332
38 154
35 466
After tax
89 196
85 668
101 846
104 534
Living cost
36 631
36 631
36 631
36 631
Free-cash
52 565
49 037
65 215
67 903

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
₽58166
₽61568
₽58106
₽45224
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
140 000
income
-
-
-
35 938
pensions
-
-
-
8 343
total
-
-
-
44 281
Employee
51 629
-
122 652
-
health
673
-
1 927
-
income
9 402
-
27 347
-
pensions
3 941
-
10 542
-
total
14 016
-
39 816
-
Employer
51 629
-
122 652
-
pensions
5 216
-
15 017
-
health
981
-
2 330
-
total
6 197
-
17 347
-
Corporate
82 174
140 000
-
-
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.

15 613
26 600
-
-
total
15 613
26 600
-
-
Dividends
66 561
113 400
-
-
withholding
4 993
17 621
-
-
total
4 993
17 621
-
-
Income
140 000
140 000
140 000
140 000
Total tax
40 819
44 221
57 163
44 281
After tax
99 181
95 779
82 837
95 719
Living cost
37 613
37 613
37 613
37 613
Free-cash
61 568
58 166
45 224
58 106

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
-₽12558
₽7676
₽71939
₽50858
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
140 000
accident
-
-
-
253
income
-
-
-
37 176
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
44 163
Employee
37 593
-
123 845
-
health
4 304
-
14 180
-
income
5 157
-
27 255
-
pensions
4 233
-
7 654
-
total
13 694
-
49 089
-
Employer
37 593
-
123 845
-
accident
628
-
2 068
-
unemployment
921
-
3 034
-
pensions
6 112
-
11 053
-
total
7 661
-
16 155
-
Corporate
94 746
140 000
-
-
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.

85 271
126 000
-
-
total
85 271
126 000
-
-
Dividends
9 475
14 000
-
-
withholding
1 800
2 660
-
-
total
1 800
2 660
-
-
Income
140 000
140 000
140 000
140 000
Total tax
108 426
128 660
65 244
44 163
After tax
31 574
11 340
74 756
95 837
Living cost
23 898
23 898
23 898
23 898
Free-cash
7 676
-12 558
50 858
71 939

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

Close
Skopje , Macedonia
₽104179
₽99457
₽65358
₽81668
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
140 000
work injury
-
-
-
700
health insurance
-
-
-
10 360
income
-
-
-
22 511
pensions
-
-
-
25 760
unemployment
-
-
-
1 680
total
-
-
-
61 011
Employee

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

21 810
-
140 000
-
work injury
109
-
403
-
income
2 181
-
22 511
-
pensions
4 013
-
14 848
-
health insurance
1 614
-
5 971
-
unemployment
262
-
968
-
total
8 179
-
44 701
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
118 190
140 000
-
-
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%.

1 182
1 400
-
-
total
1 182
1 400
-
-
Dividends
117 008
138 600
-
-
withholding
17 551
20 790
-
-
total
17 551
20 790
-
-
Income
140 000
140 000
140 000
140 000
Total tax
26 912
22 190
44 701
61 011
After tax
113 088
117 810
95 299
78 989
Living cost
13 631
13 631
13 631
13 631
Free-cash
99 457
104 179
81 668
65 358

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

Close
Rome , Italy
₽33541
₽28953
₽27227
₽20826
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
140 000
municipal
-
-
-
936
regional
-
-
-
3 157
national
-
-
-
32 471
social contributions
-
-
-
36 008
total
-
-
-
72 572
Employee
85 034
-
140 000
-
social contributions
28 673
-
47 208
-
regional
1 284
-
2 716
-
municipal
507
-
835
-
national
14 370
-
28 214
-
total
44 834
-
78 973
-
Employer
85 034
-
140 000
-
total
-
-
-
-
Corporate
54 966
140 000
-
-
nationa
13 192
33 600
-
-
municipal
2 648
6 748
-
-
total
15 840
40 348
-
-
Dividends
39 125
99 651
-
-
withholding
10 172
25 910
-
-
total
10 172
25 910
-
-
Income
140 000
140 000
140 000
140 000
Total tax
70 846
66 258
78 973
72 572
After tax
69 154
73 742
61 027
67 428
Living cost
40 201
40 201
40 201
40 201
Free-cash
28 953
33 541
20 826
27 227

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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