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
₽ 142000
per

Your estimated
City
free-cash

Dresden , Germany
₽40897
₽52141
₽47373
₽62296
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
142 000
trade
-
-
-
14 923
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.

-
-
-
39 790
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.

-
-
-
6 943
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.

-
-
-
2 189
total
-
-
-
63 845
Employee

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

38 870
-
142 000
-
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.

6 943
-
6 943
-
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.

60
-
2 189
-
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.

1 086
-
39 790
-
total
8 089
-
48 922
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
103 130
142 000
-
-
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.

850
1 171
-
-
income
15 469
21 301
-
-
trade
16 242
22 365
-
-
chamber of commerce
303
359
-
-
total
32 864
45 196
-
-
Dividends
70 266
96 805
-
-
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.

945
1 309
-
-
withholding
17 179
23 816
-
-
total
18 124
25 125
-
-
Income
142 000
142 000
142 000
142 000
Total tax
59 077
70 321
48 922
63 845
After tax
82 923
71 679
93 078
78 155
Living cost
30 782
30 782
30 782
30 782
Free-cash
52 141
40 897
62 296
47 373

Estimated living cost  is ₽30782 per week

₽19363
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3589
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7255
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37333
₽36481
₽33150
₽34264
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
142 000
municipal
-
-
-
15 300
pensions
-
-
-
17 040
national
-
-
-
23 708
social contributions
-
-
-
1 527
total
-
-
-
57 575
Employee
79 485
-
122 758
-
municipal
9 818
-
15 850
-
pensions
3 179
-
4 910
-
national
15 213
-
24 560
-
total
28 210
-
45 320
-
Employer
79 485
-
122 758
-
social contributions
854
-
1 320
-
pensions
6 359
-
9 821
-
total
7 213
-
11 141
-
Corporate
50 055
142 000
-
-
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%.

10 011
28 400
-
-
total
10 011
28 400
-
-
Dividends
40 044
113 600
-
-
withholding
8 810
24 992
-
-
total
8 810
24 992
-
-
Income
142 000
142 000
142 000
142 000
Total tax
54 244
53 392
56 461
57 575
After tax
87 756
88 608
85 539
84 425
Living cost
51 275
51 275
51 275
51 275
Free-cash
36 481
37 333
34 264
33 150

Estimated living cost  is ₽51275 per week

₽34851
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4766
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽767
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10890
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92457
₽84120
₽23165
₽58436
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
142 000
microenterprise
-
-
-
-
income
-
-
-
22 546
surtax
-
-
-
36 210
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.

-
-
-
38 937
total
-
-
-
97 693
Employee
29 696
-
114 433
-
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.

3 267
-
12 588
-
surtax
-
-
-
-
income
5 286
-
22 267
-
total
8 553
-
34 855
-
Employer
29 696
-
114 433
-
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.

7 153
-
27 567
-
surtax
-
-
-
-
total
7 153
-
27 567
-
Corporate
105 151
142 000
-
-
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%.

21 031
28 400
-
-
total
21 031
28 400
-
-
Dividends

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

84 121
113 600
-
-
total
-
-
-
-
Income
142 000
142 000
142 000
142 000
Total tax
36 737
28 400
62 422
97 693
After tax
105 263
113 600
79 578
44 307
Living cost
21 142
21 142
21 142
21 142
Free-cash
84 120
92 457
58 436
23 165

Estimated living cost  is ₽21142 per week

₽13488
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2013
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5161
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27180
₽20955
₽38396
₽41897
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
142 000
income
-
-
-
36 592
pensions
-
-
-
11 907
health
-
-
-
12 532
total
-
-
-
61 031
Employee
86 784
86 784
123 114
-
health
13 320
11 330
12 532
-
income

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

14 205
14 205
14 205
-
pensions
15 621
11 907
11 907
-
total
43 146
37 442
38 644
-
Employer
86 784
86 784
123 114
-
unemployment
3 124
3 124
3 882
-
pensions
6 040
6 040
7 508
-
health
6 032
6 032
7 496
-
total
15 196
15 196
18 886
-
Corporate
41 083
40 019
-
-
income
8 218
8 003
-
-
total
8 218
8 003
-
-
Dividends
32 866
32 015
-
-
income
6 983
6 804
-
-
withholding
4 929
4 802
-
-
total
11 912
11 606
-
-
Income
142 000
142 000
142 000
142 000
Total tax
78 472
72 247
57 530
61 031
After tax
63 528
69 753
84 470
80 969
Living cost
42 573
42 573
42 573
42 573
Free-cash
20 955
27 180
41 897
38 396

Estimated living cost  is ₽42573 per week

₽30170
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3838
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽677
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7888
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38375
₽37496
₽35662
₽34712
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
142 000
municipal
-
-
-
34 931
accident
-
-
-
172
pensions
-
-
-
9 277
other
-
-
-
9 972
unemployment
-
-
-
86
health
-
-
-
5 355
national
-
-
-
7 388
total
-
-
-
67 181
Employee
55 795
-
115 036
-
municipal
16 638
-
34 304
-
national
-
-
6 862
-
total
16 638
-
41 166
-
Employer
55 795
-
115 036
-
accident
112
-
172
-
other
6 483
-
9 972
-
unemployment
1 473
-
2 266
-
pensions
6 031
-
9 277
-
health
3 431
-
5 278
-
total
17 530
-
26 965
-
Corporate
68 675
142 000
-
-
income
15 109
31 240
-
-
total
15 109
31 240
-
-
Dividends
53 566
110 760
-
-
withholding
16 070
33 228
-
-
total
16 070
33 228
-
-
Income
142 000
142 000
142 000
142 000
Total tax
65 347
64 468
68 131
67 181
After tax
76 653
77 532
73 869
74 819
Living cost
39 157
39 157
39 157
39 157
Free-cash
37 496
38 375
34 712
35 662

Estimated living cost  is ₽39157 per week

₽25951
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3842
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽595
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8768
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31026
₽45307
₽37569
₽53155
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
142 000
trade
-
-
-
15 586
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.

-
-
-
39 790
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.

-
-
-
6 943
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.

-
-
-
2 189
total
-
-
-
64 508
Employee

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

51 537
-
142 000
-
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.

6 943
-
6 943
-
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.

243
-
2 189
-
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.

4 428
-
39 790
-
total
11 614
-
48 922
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
90 463
142 000
-
-
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.

746
1 171
-
-
income
13 569
21 301
-
-
trade
14 881
23 359
-
-
chamber of commerce
283
357
-
-
total
29 479
46 188
-
-
Dividends
60 984
95 813
-
-
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.

818
1 296
-
-
withholding
14 859
23 567
-
-
total
15 677
24 863
-
-
Income
142 000
142 000
142 000
142 000
Total tax
56 770
71 051
48 922
64 508
After tax
85 230
70 949
93 078
77 492
Living cost
39 923
39 923
39 923
39 923
Free-cash
45 307
31 026
53 155
37 569

Estimated living cost  is ₽39923 per week

₽26701
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4210
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽596
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8416
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70748
₽66535
₽65948
₽64598
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
142 000
income
-
-
-
23 025
health
-
-
-
3 622
social contributions
-
-
-
16 443
total
-
-
-
43 090
Employee
78 145
78 145
130 832
-
social contributions
3 797
6 486
8 748
-
health
777
1 329
2 224
-
income
8 206
7 234
22 300
-
total
12 780
15 049
33 272
-
Employer
78 145
78 145
130 832
-
social contributions
3 797
6 486
8 748
-
health
847
1 446
2 420
-
total
4 644
7 932
11 168
-
Corporate
91 613
55 922
-
-
income
11 452
6 991
-
-
total
11 452
6 991
-
-
Dividends
80 162
48 931
-
-
withholding
13 627
8 318
-
-
total
13 627
8 318
-
-
Income
142 000
142 000
142 000
142 000
Total tax
42 503
38 290
44 440
43 090
After tax
99 497
103 710
97 560
98 910
Living cost
32 962
32 962
32 962
32 962
Free-cash
66 535
70 748
64 598
65 948

Estimated living cost  is ₽32962 per week

₽22533
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2575
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7301
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61435
₽61819
₽79962
₽63909
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
142 000
income
-
-
-
17 359
pensions
-
-
-
14 200
unemployment
-
-
-
2 130
health
-
-
-
9 940
total
-
-
-
43 629
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.

26 573
10 576
118 828
-
health
1 860
740
8 318
-
income
3 249
1 293
14 527
-
pensions
2 657
1 058
11 883
-
unemployment
399
159
1 782
-
total
8 165
3 250
36 510
-
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.

26 573
10 576
118 828
-
pensions
5 182
2 062
23 172
-
total
5 182
2 062
23 172
-
Corporate
110 245
129 362
-
-
income
9 922
11 643
-
-
total
9 922
11 643
-
-
Dividends
100 323
117 719
-
-
social contributions
19 442
22 834
-
-
withholding
19 061
22 367
-
-
total
38 503
45 201
-
-
Income
142 000
142 000
142 000
142 000
Total tax
61 772
62 156
59 682
43 629
After tax
80 228
79 844
82 318
98 371
Living cost
18 409
18 409
18 409
18 409
Free-cash
61 819
61 435
63 909
79 962

Estimated living cost  is ₽18409 per week

₽12562
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1506
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽368
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3972
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89054
₽82740
₽51565
₽57300
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
142 000
income
-
-
-
19 029
pensions
-
-
-
28 400
health
-
-
-
18 460
total
-
-
-
65 889
Employee
28 830
-
106 129
-
income
3 246
-
20 462
-
pensions
577
-
2 123
-
unemployment
461
-
1 697
-
total
4 284
-
24 282
-
Employer
28 830
-
106 129
-
unemployment
231
-
849
-
pensions
5 766
-
21 226
-
health
3 747
-
13 797
-
total
9 744
-
35 872
-
Corporate
103 425
142 000
-
-
income
20 686
28 400
-
-
total
20 686
28 400
-
-
Dividends
82 740
113 600
-
-
total
-
-
-
-
Income
142 000
142 000
142 000
142 000
Total tax
34 714
28 400
60 154
65 889
After tax
107 286
113 600
81 846
76 111
Living cost
24 546
24 546
24 546
24 546
Free-cash
82 740
89 054
57 300
51 565

Estimated living cost  is ₽24546 per week

₽16836
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1462
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5755
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10694
₽8098
₽75004
₽53682
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
142 000
accident
-
-
-
255
income
-
-
-
37 773
pensions
-
-
-
4 198
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
44 800
Employee
34 915
-
125 706
-
health
3 998
-
14 393
-
income
4 790
-
27 738
-
pensions
3 932
-
7 697
-
total
12 720
-
49 828
-
Employer
34 915
-
125 706
-
accident
583
-
2 099
-
unemployment
855
-
3 080
-
pensions
5 677
-
11 115
-
total
7 115
-
16 294
-
Corporate
99 969
142 000
-
-
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.

89 972
127 800
-
-
total
89 972
127 800
-
-
Dividends
9 997
14 200
-
-
withholding
1 899
2 698
-
-
total
1 899
2 698
-
-
Income
142 000
142 000
142 000
142 000
Total tax
111 706
130 498
66 122
44 800
After tax
30 294
11 502
75 878
97 200
Living cost
22 196
22 196
22 196
22 196
Free-cash
8 098
-10 694
53 682
75 004

Estimated living cost  is ₽22196 per week

₽16268
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1230
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4236
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽125638
₽123902
₽131318
₽104338
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
142 000
microenterprise

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

-
-
-
1 420
total
-
-
-
1 420
Employee
11 577
-
142 000
-
income
2 315
-
28 400
-
total
2 315
-
28 400
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

130 423
142 000
-
-
total
-
-
-
-
Dividends
130 423
142 000
-
-
withholding
6 521
7 100
-
-
total
6 521
7 100
-
-
Income
142 000
142 000
142 000
142 000
Total tax
8 836
7 100
28 400
1 420
After tax
133 164
134 900
113 600
140 580
Living cost
9 262
9 262
9 262
9 262
Free-cash
123 902
125 638
104 338
131 318

Estimated living cost  is ₽9262 per week

₽5740
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽770
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽255
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2498
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77249
₽70384
₽48416
₽54295
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
142 000
income
-
-
-
19 432
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.

-
-
-
34 081
other
-
-
-
6 744
health
-
-
-
6 248
total
-
-
-
66 505
Employee
36 899
-
113 417
-
health
517
-
1 587
-
income
6 353
-
21 390
-
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.

2 582
-
7 938
-
unemployment
368
-
1 134
-
total
9 820
-
32 049
-
Employer
36 899
-
113 417
-
accident
295
-
906
-
other
1 846
-
5 670
-
unemployment
368
-
1 134
-
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.

6 274
-
19 280
-
health
517
-
1 587
-
total
9 300
-
28 577
-
Corporate
95 801
142 000
-
-
income
20 119
29 819
-
-
total
20 119
29 819
-
-
Dividends
75 683
112 181
-
-
withholding
5 298
7 853
-
-
total
5 298
7 853
-
-
Income
142 000
142 000
142 000
142 000
Total tax
44 537
37 672
60 626
66 505
After tax
97 463
104 328
81 374
75 495
Living cost
27 079
27 079
27 079
27 079
Free-cash
70 384
77 249
54 295
48 416

Estimated living cost  is ₽27079 per week

₽19133
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1828
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽436
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5681
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28658
₽23935
₽28622
₽15559
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
142 000
income
-
-
-
36 530
pensions
-
-
-
8 439
total
-
-
-
44 969
Employee
96 788
-
124 400
-
health
1 595
-
1 951
-
income
17 447
-
27 821
-
pensions
9 337
-
10 660
-
total
28 379
-
40 432
-
Employer
96 788
-
124 400
-
pensions
11 428
-
15 237
-
health
1 838
-
2 363
-
total
13 266
-
17 600
-
Corporate
31 946
142 000
-
-
income

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

6 069
26 980
-
-
total
6 069
26 980
-
-
Dividends
25 877
115 020
-
-
withholding
1 942
17 953
-
-
total
1 942
17 953
-
-
Income
142 000
142 000
142 000
142 000
Total tax
49 656
44 933
58 032
44 969
After tax
92 344
97 067
83 968
97 031
Living cost
68 409
68 409
68 409
68 409
Free-cash
23 935
28 658
15 559
28 622

Estimated living cost  is ₽68409 per week

₽51260
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽8038
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8556
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽108088
₽103369
₽97901
₽103072
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
142 000
income
-
-
-
21 300
pensions

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

-
-
-
5 253
unemployment
-
-
-
142
health
-
-
-
4 082
total
-
-
-
30 777
Employee
17 640
-
135 037
-
health
811
-
1 633
-
accident

We are using the highest rate at 1.1%.

194
-
390
-
income
1 764
-
13 504
-
pensions

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

1 549
-
3 116
-
total
4 318
-
18 643
-
Employer
17 640
-
135 037
-
accident

We are using the highest rate at 1.1%.

194
-
390
-
unemployment
105
-
213
-
pensions

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

1 944
-
3 911
-
health
1 218
-
2 449
-
total
3 461
-
6 963
-
Corporate
120 898
142 000
-
-
income
12 090
14 200
-
-
total
12 090
14 200
-
-
Dividends
108 808
127 800
-
-
withholding
5 440
6 390
-
-
total
5 440
6 390
-
-
Income
142 000
142 000
142 000
142 000
Total tax
25 309
20 590
25 606
30 777
After tax
116 691
121 410
116 394
111 223
Living cost
13 322
13 322
13 322
13 322
Free-cash
103 369
108 088
103 072
97 901

Estimated living cost  is ₽13322 per week

₽7778
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽951
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽353
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4240
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13400
₽15955
₽24616
₽28117
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
142 000
income
-
-
-
36 592
pensions
-
-
-
11 907
health
-
-
-
12 532
total
-
-
-
61 031
Employee
94 220
86 784
123 114
-
health
11 754
11 330
12 532
-
income

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

14 205
14 205
14 205
-
pensions
11 907
11 907
11 907
-
total
37 866
37 442
38 644
-
Employer
94 220
86 784
123 114
-
unemployment
3 392
3 124
3 882
-
pensions
6 557
6 040
7 508
-
health
6 547
6 032
7 496
-
total
16 496
15 196
18 886
-
Corporate
31 283
40 019
-
-
income
6 256
8 003
-
-
total
6 256
8 003
-
-
Dividends
25 027
32 015
-
-
income
5 319
6 804
-
-
withholding
3 755
4 802
-
-
total
9 074
11 606
-
-
Income
142 000
142 000
142 000
142 000
Total tax
69 692
72 247
57 530
61 031
After tax
72 308
69 753
84 470
80 969
Living cost
56 353
56 353
56 353
56 353
Free-cash
15 955
13 400
28 117
24 616

Estimated living cost  is ₽56353 per week

₽41570
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽5033
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽646
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9105
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73478
₽64813
₽50407
₽47771
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
142 000
income
-
-
-
13 182
health
-
-
-
19 170
solidarity contribution
-
-
-
-
social contributions
-
-
-
34 952
total
-
-
-
67 304
Employee
35 720
-
105 970
-
social contributions
2 322
-
6 888
-
health
4 822
-
14 306
-
solidarity contribution
-
-
-
-
income
4 286
-
12 716
-
total
11 430
-
33 910
-
Employer
35 720
-
105 970
-
social contributions
8 930
-
26 493
-
health
3 215
-
9 537
-
total
12 145
-
36 030
-
Corporate
94 135
142 000
-
-
income
17 886
26 980
-
-
total
17 886
26 980
-
-
Dividends
76 250
115 020
-
-
withholding
11 437
17 253
-
-
total
11 437
17 253
-
-
Income
142 000
142 000
142 000
142 000
Total tax
52 898
44 233
69 940
67 304
After tax
89 102
97 767
72 060
74 696
Living cost
24 289
24 289
24 289
24 289
Free-cash
64 813
73 478
47 771
50 407

Estimated living cost  is ₽24289 per week

₽16872
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1728
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5212
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32880
₽27576
₽27129
₽20374
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
142 000
municipal
-
-
-
845
regional
-
-
-
1 637
national
-
-
-
32 984
social contributions
-
-
-
36 523
total
-
-
-
71 989
Employee
90 319
-
142 000
-
social contributions
30 456
-
47 882
-
regional
852
-
1 442
-
municipal
478
-
752
-
national
15 650
-
28 668
-
total
47 436
-
78 744
-
Employer
90 319
-
142 000
-
total
-
-
-
-
Corporate
51 681
142 000
-
-
nationa
12 404
34 079
-
-
municipal
2 015
5 539
-
-
total
14 419
39 618
-
-
Dividends
37 261
102 382
-
-
withholding
9 687
26 620
-
-
total
9 687
26 620
-
-
Income
142 000
142 000
142 000
142 000
Total tax
71 542
66 238
78 744
71 989
After tax
70 458
75 762
63 256
70 011
Living cost
42 882
42 882
42 882
42 882
Free-cash
27 576
32 880
20 374
27 129

Estimated living cost  is ₽42882 per week

₽29892
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2812
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽658
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9519
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66893
₽63731
₽44956
₽41781
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
142 000
income
-
-
-
32 984
pensions
-
-
-
27 127
other
-
-
-
-
unemployment
-
-
-
231
health
-
-
-
9 629
surtax
-
-
-
4 648
total
-
-
-
74 619
Employee
33 607
-
117 307
-
other
-
-
-
-
health
858
-
2 991
-
surtax
110
-
4 146
-
income
5 633
-
29 975
-
pensions
2 241
-
7 824
-
unemployment
2 339
-
8 165
-
total
11 181
-
53 101
-
Employer
33 607
-
117 307
-
other
-
-
-
-
unemployment
1 065
-
3 718
-
pensions
4 480
-
15 637
-
health
1 529
-
5 338
-
total
7 074
-
24 693
-
Corporate
101 319
142 000
-
-
income
26 344
36 920
-
-
total
26 344
36 920
-
-
Dividends
74 975
105 080
-
-
withholding
11 245
15 762
-
-
total
11 245
15 762
-
-
Income
142 000
142 000
142 000
142 000
Total tax
55 844
52 682
77 794
74 619
After tax
86 156
89 318
64 206
67 381
Living cost
22 425
22 425
22 425
22 425
Free-cash
63 731
66 893
41 781
44 956

Estimated living cost  is ₽22425 per week

₽13712
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2069
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.
₽6127
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50332
₽51608
₽50296
₽37233
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
142 000
income
-
-
-
36 530
pensions
-
-
-
8 439
total
-
-
-
44 969
Employee
64 865
-
124 400
-
health
942
-
1 951
-
income
11 682
-
27 821
-
pensions
5 506
-
10 660
-
total
18 130
-
40 432
-
Employer
64 865
-
124 400
-
pensions
7 022
-
15 237
-
health
1 232
-
2 363
-
total
8 254
-
17 600
-
Corporate
68 882
142 000
-
-
income

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

13 088
26 980
-
-
total
13 088
26 980
-
-
Dividends
55 793
115 020
-
-
withholding
4 185
17 953
-
-
total
4 185
17 953
-
-
Income
142 000
142 000
142 000
142 000
Total tax
43 657
44 933
58 032
44 969
After tax
98 343
97 067
83 968
97 031
Living cost
46 735
46 735
46 735
46 735
Free-cash
51 608
50 332
37 233
50 296

Estimated living cost  is ₽46735 per week

₽35014
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3503
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7729
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽12680
₽20528
₽38910
₽32011
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
142 000
city
-
-
-
1 497
pensions
-
-
-
13 063
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.

-
-
-
2 841
regional
-
-
-
6 128
health
-
-
-
319
national
-
-
-
1 629
total
-
-
-
25 477
Employee
90 828
-
127 099
-
city
975
-
1 365
-
regional
2 974
-
5 245
-
health
205
-
285
-
pensions
7 631
-
10 677
-
unemployment
-
-
-
-
national
430
-
1 300
-
total
12 215
-
18 872
-
Employer
90 828
-
127 099
-
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.

1 816
-
2 542
-
unemployment
-
-
-
-
pensions
7 631
-
10 677
-
health
205
-
285
-
total
9 652
-
13 504
-
Corporate
40 522
142 000
-
-
regional
8 570
30 033
-
-
national
3 445
12 070
-
-
total
12 015
42 103
-
-
Dividends
28 508
99 897
-
-
withholding
9 977
34 964
-
-
total
9 977
34 964
-
-
Income
142 000
142 000
142 000
142 000
Total tax
43 859
77 067
32 376
25 477
After tax
98 141
64 933
109 624
116 523
Living cost
77 613
77 613
77 613
77 613
Free-cash
20 528
-12 680
32 011
38 910

Estimated living cost  is ₽77613 per week

₽50471
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6965
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽953
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19224
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽23664
₽40147
₽30273
₽46523
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
142 000
trade
-
-
-
16 250
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.

-
-
-
39 790
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.

-
-
-
6 943
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.

-
-
-
2 189
total
-
-
-
65 172
Employee

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

61 075
-
142 000
-
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.

6 943
-
6 943
-
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.

395
-
2 189
-
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.

7 182
-
39 790
-
total
14 520
-
48 922
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
80 925
142 000
-
-
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.

667
1 171
-
-
income
12 138
21 301
-
-
trade
13 878
24 354
-
-
chamber of commerce
268
355
-
-
total
26 951
47 181
-
-
Dividends
53 973
94 820
-
-
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.

721
1 282
-
-
withholding
13 106
23 318
-
-
total
13 827
24 600
-
-
Income
142 000
142 000
142 000
142 000
Total tax
55 298
71 781
48 922
65 172
After tax
86 702
70 219
93 078
76 828
Living cost
46 555
46 555
46 555
46 555
Free-cash
40 147
23 664
46 523
30 273

Estimated living cost  is ₽46555 per week

₽34002
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3724
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽606
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽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

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
₽36798
₽42800
₽45848
₽47414
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
142 000
income
-
-
-
19 235
pensions
-
-
-
28 848
other
-
-
-
4 403
health
-
-
-
4 850
surtax
-
-
-
-
social contributions
-
-
-
4 046
total
-
-
-
61 382
Employee
43 494
-
112 098
-
social contributions
1 240
-
3 196
-
surtax
-
-
-
-
income
2 567
-
19 840
-
pensions
4 918
-
6 883
-
total
8 725
-
29 919
-
Employer
43 494
-
112 098
-
other
1 500
-
3 983
-
social contributions
131
-
336
-
unemployment
1 761
-
4 540
-
pensions
7 145
-
11 747
-
health
3 045
-
9 291
-
total
13 582
-
29 897
-
Corporate
84 923
142 000
-
-
surtax
-
-
-
-
income
23 779
39 761
-
-
total
23 779
39 761
-
-
Dividends
61 144
102 239
-
-
surtax
-
-
-
-
social contributions
10 518
17 584
-
-
withholding
7 826
13 087
-
-
total
18 344
30 671
-
-
Income
142 000
142 000
142 000
142 000
Total tax
64 430
70 432
59 816
61 382
After tax
77 570
71 568
82 184
80 618
Living cost
34 770
34 770
34 770
34 770
Free-cash
42 800
36 798
47 414
45 848

Estimated living cost  is ₽34770 per week

₽21924
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2827
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.
₽9429
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40243
₽45892
₽49293
₽50859
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
142 000
income
-
-
-
19 235
pensions
-
-
-
28 848
other
-
-
-
4 403
health
-
-
-
4 850
surtax
-
-
-
-
social contributions
-
-
-
4 046
total
-
-
-
61 382
Employee
38 825
-
112 098
-
social contributions
1 107
-
3 196
-
surtax
-
-
-
-
income
2 002
-
19 840
-
pensions
4 391
-
6 883
-
total
7 500
-
29 919
-
Employer
38 825
-
112 098
-
other
1 340
-
3 983
-
social contributions
116
-
336
-
unemployment
1 572
-
4 540
-
pensions
6 380
-
11 747
-
health
2 717
-
9 291
-
total
12 125
-
29 897
-
Corporate
91 050
142 000
-
-
surtax
-
-
-
-
income
25 493
39 761
-
-
total
25 493
39 761
-
-
Dividends
65 557
102 239
-
-
surtax
-
-
-
-
social contributions
11 274
17 584
-
-
withholding
8 391
13 087
-
-
total
19 665
30 671
-
-
Income
142 000
142 000
142 000
142 000
Total tax
64 783
70 432
59 816
61 382
After tax
77 217
71 568
82 184
80 618
Living cost
31 325
31 325
31 325
31 325
Free-cash
45 892
40 243
50 859
49 293

Estimated living cost  is ₽31325 per week

₽18167
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3182
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽594
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9382
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65085
₽65610
₽69643
₽67803
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
142 000
income
-
-
-
21 301
health
-
-
-
9 911
social contributions
-
-
-
19 596
total
-
-
-
50 808
Employee
34 457
-
142 000
-
social contributions
4 756
-
19 596
-
health
2 405
-
9 911
-
income
5 747
-
23 141
-
total
12 908
-
52 648
-
Employer
34 457
-
142 000
-
total
-
-
-
-
Corporate
107 543
142 000
-
-
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%.

5 377
7 101
-
-
total
5 377
7 101
-
-
Dividends
102 166
134 899
-
-
health
7 132
9 415
-
-
social contributions
14 100
18 616
-
-
withholding
15 324
20 234
-
-
total
36 556
48 265
-
-
Income
142 000
142 000
142 000
142 000
Total tax
54 841
55 366
52 648
50 808
After tax
87 159
86 634
89 352
91 192
Living cost
21 549
21 549
21 549
21 549
Free-cash
65 610
65 085
67 803
69 643

Estimated living cost  is ₽21549 per week

₽14422
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1329
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5302
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43112
₽41541
₽36309
₽2075
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
142 000
chamber of commerce
-
-
-
569
income
-
-
-
31 833
pensions
-
-
-
21 964
unemployment
-
-
-
6 233
health
-
-
-
9 082
surtax
-
-
-
201
total
-
-
-
69 882
Employee
50 788
40 499
110 110
-
other
507
405
1 101
-
health
1 965
1 568
4 262
-
income
5 782
2 987
25 721
-
pensions
5 201
4 146
11 274
-
unemployment
1 524
1 215
3 304
-
total
14 979
10 321
45 662
-
Employer
50 788
40 499
110 110
-
accident
660
526
1 431
-
other
2 413
1 923
5 230
-
chamber of commerce
202
162
440
-
unemployment
1 524
1 215
3 304
-
surtax
201
201
201
-
pensions
6 374
5 084
13 818
-
payroll
1 524
1 215
3 304
-
health
1 919
1 531
4 162
-
total
14 817
11 857
31 890
-
Corporate
76 397
89 644
106 254
-
income

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

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

19 098
22 412
26 564
-
total
19 098
22 412
26 564
-
Dividends
57 299
67 232
-
-
withholding
15 756
18 489
-
-
total
15 756
18 489
-
-
Income
142 000
142 000
142 000
142 000
Total tax
64 650
63 079
104 116
69 882
After tax
77 350
78 921
37 884
72 118
Living cost
35 809
35 809
35 809
35 809
Free-cash
41 541
43 112
2 075
36 309

Estimated living cost  is ₽35809 per week

₽23883
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3055
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.
₽8283
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42438
₽27195
₽25588
₽15008
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
142 000
national
-
-
-
49 839
communal

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

-
-
-
7 180
social contributions
-
-
-
22 339
total
-
-
-
79 358
Employee

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

72 694
-
109 982
-
communal

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

3 792
-
5 735
-
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.

3 415
-
5 170
-
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.

5 452
-
8 248
-
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.

633
-
957
-
national
22 349
-
37 811
-
total
35 641
-
57 921
-
Employer

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

72 694
-
109 982
-
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.

945
-
1 429
-
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.

1 061
-
1 606
-
surtax
8 243
-
12 474
-
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.

6 441
-
9 745
-
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.

4 470
-
6 763
-
total
21 160
-
32 017
-
Corporate
48 146
142 000
-
-
surtax
193
569
-
-
income
9 629
28 400
-
-
total
9 822
28 969
-
-
Dividends
38 324
113 031
-
-
withholding

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

11 128
33 539
-
-
total
11 128
33 539
-
-
Income
142 000
142 000
142 000
142 000
Total tax
77 751
62 508
89 938
79 358
After tax
64 249
79 492
52 062
62 642
Living cost
37 054
37 054
37 054
37 054
Free-cash
27 195
42 438
15 008
25 588

Estimated living cost  is ₽37054 per week

₽23868
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3240
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.
₽9367
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58397
₽50786
₽43245
₽38363
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
142 000
accident
-
-
-
849
income
-
-
-
33 795
pensions
-
-
-
26 656
other
-
-
-
94
unemployment
-
-
-
660
total
-
-
-
62 054
Employee
50 587
-
111 971
-
other
50
-
94
-
income
10 674
-
30 925
-
pensions
2 378
-
4 428
-
unemployment
785
-
1 460
-
total
13 887
-
36 907
-
Employer
50 587
-
111 971
-
accident
1 001
-
1 865
-
other
403
-
754
-
unemployment
2 783
-
5 180
-
pensions
11 938
-
22 230
-
total
16 125
-
30 029
-
Corporate
75 289
142 000
-
-
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.

11 294
21 301
-
-
total
11 294
21 301
-
-
Dividends
63 995
120 699
-
-
withholding
13 207
25 601
-
-
total
13 207
25 601
-
-
Income
142 000
142 000
142 000
142 000
Total tax
54 513
46 902
66 936
62 054
After tax
87 487
95 098
75 064
79 946
Living cost
36 701
36 701
36 701
36 701
Free-cash
50 786
58 397
38 363
43 245

Estimated living cost  is ₽36701 per week

₽27027
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2604
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6542
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29754
₽18806
₽19123
₽24781
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
142 000
accident
-
-
-
1 198
income
-
-
-
19 177
pensions
-
-
-
21 283
health
-
-
-
9 978
surtax
-
-
-
7 039
communal
-
-
-
8 974
total
-
-
-
67 649
Employee
76 960
-
126 842
-
health
3 425
-
5 645
-
surtax
4 717
-
7 774
-
income
7 434
-
23 265
-
pensions
6 156
-
10 148
-
total
21 732
-
46 832
-
Employer
76 960
-
126 842
-
accident
692
-
1 142
-
pensions
6 156
-
10 148
-
health
2 347
-
3 869
-
total
9 195
-
15 159
-
Corporate
55 844
142 000
-
-
surtax
586
1 491
-
-
communal
3 770
9 585
-
-
income
8 378
21 301
-
-
total
12 734
32 377
-
-
Dividends
43 110
109 624
-
-
income
17 839
8 198
-
-
withholding
6 466
16 443
-
-
total
24 305
24 641
-
-
Income
142 000
142 000
142 000
142 000
Total tax
67 966
57 018
61 991
67 649
After tax
74 034
84 982
80 009
74 351
Living cost
55 228
55 228
55 228
55 228
Free-cash
18 806
29 754
24 781
19 123

Estimated living cost  is ₽55228 per week

₽41429
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3346
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.
₽9866
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66492
₽63261
₽44555
₽41380
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
142 000
income
-
-
-
32 984
pensions
-
-
-
27 127
other
-
-
-
-
unemployment
-
-
-
231
health
-
-
-
9 629
surtax
-
-
-
4 648
total
-
-
-
74 619
Employee
34 224
-
117 307
-
other
-
-
-
-
health
874
-
2 991
-
surtax
121
-
4 146
-
income
5 737
-
29 975
-
pensions
2 283
-
7 824
-
unemployment
2 382
-
8 165
-
total
11 397
-
53 101
-
Employer
34 224
-
117 307
-
other
-
-
-
-
unemployment
1 086
-
3 718
-
pensions
4 563
-
15 637
-
health
1 556
-
5 338
-
total
7 205
-
24 693
-
Corporate
100 571
142 000
-
-
income
26 149
36 920
-
-
total
26 149
36 920
-
-
Dividends
74 422
105 080
-
-
withholding
11 162
15 762
-
-
total
11 162
15 762
-
-
Income
142 000
142 000
142 000
142 000
Total tax
55 913
52 682
77 794
74 619
After tax
86 087
89 318
64 206
67 381
Living cost
22 826
22 826
22 826
22 826
Free-cash
63 261
66 492
41 380
44 555

Estimated living cost  is ₽22826 per week

₽13781
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1984
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6532
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47264
₽45004
₽42131
₽35412
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
142 000
municipal
-
-
-
845
regional
-
-
-
2 141
national
-
-
-
32 984
social contributions
-
-
-
36 523
total
-
-
-
72 493
Employee
56 373
-
142 000
-
social contributions
19 010
-
47 882
-
regional
759
-
1 910
-
municipal
299
-
752
-
national
8 931
-
28 668
-
total
28 999
-
79 212
-
Employer
56 373
-
142 000
-
total
-
-
-
-
Corporate
85 627
142 000
-
-
nationa
20 551
34 079
-
-
municipal
4 256
7 057
-
-
total
24 807
41 136
-
-
Dividends
60 820
100 864
-
-
withholding
15 814
26 224
-
-
total
15 814
26 224
-
-
Income
142 000
142 000
142 000
142 000
Total tax
69 620
67 360
79 212
72 493
After tax
72 380
74 640
62 788
69 507
Living cost
27 376
27 376
27 376
27 376
Free-cash
45 004
47 264
35 412
42 131

Estimated living cost  is ₽27376 per week

₽17025
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2773
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7109
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67836
₽57158
₽44765
₽42129
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
142 000
income
-
-
-
13 182
health
-
-
-
19 170
solidarity contribution
-
-
-
-
social contributions
-
-
-
34 952
total
-
-
-
67 304
Employee
44 016
-
105 970
-
social contributions
2 861
-
6 888
-
health
5 942
-
14 306
-
solidarity contribution
-
-
-
-
income
5 282
-
12 716
-
total
14 085
-
33 910
-
Employer
44 016
-
105 970
-
social contributions
11 004
-
26 493
-
health
3 961
-
9 537
-
total
14 965
-
36 030
-
Corporate
83 018
142 000
-
-
income
15 774
26 980
-
-
total
15 774
26 980
-
-
Dividends
67 245
115 020
-
-
withholding
10 087
17 253
-
-
total
10 087
17 253
-
-
Income
142 000
142 000
142 000
142 000
Total tax
54 911
44 233
69 940
67 304
After tax
87 089
97 767
72 060
74 696
Living cost
29 931
29 931
29 931
29 931
Free-cash
57 158
67 836
42 129
44 765

Estimated living cost  is ₽29931 per week

₽22259
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1658
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽518
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5497
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46610
₽46105
₽39897
₽5497
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
142 000
chamber of commerce
-
-
-
569
income
-
-
-
31 833
pensions
-
-
-
21 964
unemployment
-
-
-
6 233
health
-
-
-
9 082
surtax
-
-
-
-
total
-
-
-
69 681
Employee
44 424
40 499
110 266
-
other
444
405
1 103
-
health
1 718
1 568
4 268
-
income
3 957
2 987
25 775
-
pensions
4 549
4 146
11 292
-
unemployment
1 333
1 215
3 307
-
total
12 001
10 321
45 745
-
Employer
44 424
40 499
110 266
-
accident
577
526
1 433
-
other
2 110
1 923
5 238
-
chamber of commerce
177
162
442
-
unemployment
1 333
1 215
3 307
-
surtax
-
-
-
-
pensions
5 575
5 084
13 839
-
payroll
1 333
1 215
3 307
-
health
1 680
1 531
4 168
-
total
12 785
11 656
31 734
-
Corporate
84 792
89 844
106 409
-
income

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

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

21 199
22 462
26 602
-
total
21 199
22 462
26 602
-
Dividends
63 594
67 383
-
-
withholding
17 488
18 529
-
-
total
17 488
18 529
-
-
Income
142 000
142 000
142 000
142 000
Total tax
63 473
62 968
104 081
69 681
After tax
78 527
79 032
37 919
72 319
Living cost
32 422
32 422
32 422
32 422
Free-cash
46 105
46 610
5 497
39 897

Estimated living cost  is ₽32422 per week

₽19449
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3311
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽579
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9083
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽120467
₽117760
₽126147
₽99167
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
142 000
microenterprise

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

-
-
-
1 420
total
-
-
-
1 420
Employee
18 042
-
142 000
-
income
3 609
-
28 400
-
total
3 609
-
28 400
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

123 958
142 000
-
-
total
-
-
-
-
Dividends
123 958
142 000
-
-
withholding
6 198
7 100
-
-
total
6 198
7 100
-
-
Income
142 000
142 000
142 000
142 000
Total tax
9 807
7 100
28 400
1 420
After tax
132 193
134 900
113 600
140 580
Living cost
14 433
14 433
14 433
14 433
Free-cash
117 760
120 467
99 167
126 147

Estimated living cost  is ₽14433 per week

₽9767
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽606
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.
₽3576
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70509
₽62008
₽43975
₽40214
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
142 000
income
-
-
-
30 650
pensions
-
-
-
25 933
unemployment
-
-
-
212
health
-
-
-
13 972
total
-
-
-
70 767
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.

44 939
-
122 871
-
health
2 902
-
7 938
-
income
7 750
-
28 245
-
pensions
6 966
-
19 044
-
unemployment
64
-
172
-
total
17 682
-
55 399
-
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.

44 939
-
122 871
-
unemployment
27
-
73
-
pensions
3 977
-
10 873
-
health
2 993
-
8 183
-
total
6 997
-
19 129
-
Corporate
90 064
142 000
-
-
income
17 112
26 980
-
-
total
17 112
26 980
-
-
Dividends
72 952
115 020
-
-
withholding
10 943
17 253
-
-
total
10 943
17 253
-
-
Income
142 000
142 000
142 000
142 000
Total tax
52 734
44 233
74 528
70 767
After tax
89 266
97 767
67 472
71 233
Living cost
27 258
27 258
27 258
27 258
Free-cash
62 008
70 509
40 214
43 975

Estimated living cost  is ₽27258 per week

₽18707
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1747
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6277
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42490
-₽9712
₽54230
₽84711
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
142 000
income
-
-
-
27 679
social contributions
-
-
-
16 188
total
-
-
-
43 867
Employee
62 951
-
-
-
social contributions
5 162
-
736
-
income
13 886
-
-
-
total
19 048
-
736
-
Employer
62 951
-
-
-
social contributions
88 761
-
12 650
-
total
88 761
-
12 650
-
Corporate
-
142 000
-
-
income
-
31 240
-
-
total
-
31 240
-
-
Dividends
-
110 760
-
-
income
-
24 367
-
-
total
-
24 367
-
-
Income
142 000
142 000
142 000
142 000
Total tax
107 809
55 607
13 386
43 867
After tax
34 191
86 393
128 614
98 133
Living cost
43 903
43 903
43 903
43 903
Free-cash
-9 712
42 490
84 711
54 230

Estimated living cost  is ₽43903 per week

₽28486
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4129
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10728
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48894
₽47870
₽45432
₽35781
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
142 000
income
-
-
-
15 345
surtax
-
-
-
-
social contributions

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

-
-
-
49 346
total
-
-
-
64 691
Employee
46 740
-
114 748
-
social contributions
5 141
-
12 622
-
surtax
-
-
-
-
income
9 722
-
34 468
-
total
14 863
-
47 090
-
Employer
46 740
-
114 748
-
social contributions
11 101
-
27 252
-
total
11 101
-
27 252
-
Corporate
84 159
142 000
-
-
surtax
-
-
-
-
income
17 673
29 819
-
-
total
17 673
29 819
-
-
Dividends
66 486
112 181
-
-
withholding
18 616
31 410
-
-
total
18 616
31 410
-
-
Income
142 000
142 000
142 000
142 000
Total tax
62 253
61 229
74 342
64 691
After tax
79 747
80 771
67 658
77 309
Living cost
31 877
31 877
31 877
31 877
Free-cash
47 870
48 894
35 781
45 432

Estimated living cost  is ₽31877 per week

₽23850
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1880
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽532
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5614
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22484
₽29472
₽31534
₽33100
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
142 000
income
-
-
-
19 235
pensions
-
-
-
28 848
other
-
-
-
4 403
health
-
-
-
4 850
surtax
-
-
-
-
social contributions
-
-
-
4 046
total
-
-
-
61 382
Employee
63 650
-
112 098
-
social contributions
1 813
-
3 196
-
surtax
-
-
-
-
income
5 554
-
19 840
-
pensions
7 199
-
6 883
-
total
14 566
-
29 919
-
Employer
63 650
-
112 098
-
other
2 197
-
3 983
-
social contributions
191
-
336
-
unemployment
2 578
-
4 540
-
pensions
10 458
-
11 747
-
health
4 455
-
9 291
-
total
19 879
-
29 897
-
Corporate
58 470
142 000
-
-
surtax
-
-
-
-
income
16 371
39 761
-
-
total
16 371
39 761
-
-
Dividends
42 099
102 239
-
-
surtax
-
-
-
-
social contributions
7 240
17 584
-
-
withholding
5 388
13 087
-
-
total
12 628
30 671
-
-
Income
142 000
142 000
142 000
142 000
Total tax
63 444
70 432
59 816
61 382
After tax
78 556
71 568
82 184
80 618
Living cost
49 084
49 084
49 084
49 084
Free-cash
29 472
22 484
33 100
31 534

Estimated living cost  is ₽49084 per week

₽33219
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4015
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽673
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11176
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97252
₽93839
₽75308
₽79081
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
142 000
income
-
-
-
4 904
social contributions
-
-
-
31 240
total
-
-
-
36 144
Employee
32 672
-
122 944
-
income
-
-
5 325
-
social contributions
2 123
-
7 990
-
total
2 123
-
13 315
-
Employer
32 672
-
122 944
-
social contributions
5 064
-
19 056
-
total
5 064
-
19 056
-
Corporate
104 264
142 000
-
-
income
10 426
14 200
-
-
total
10 426
14 200
-
-
Dividends
93 838
127 800
-
-
total
-
-
-
-
Income
142 000
142 000
142 000
142 000
Total tax
17 613
14 200
32 371
36 144
After tax
124 387
127 800
109 629
105 856
Living cost
30 548
30 548
30 548
30 548
Free-cash
93 839
97 252
79 081
75 308

Estimated living cost  is ₽30548 per week

₽19752
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2303
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7919
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽79402
-₽79402
₽36946
-₽79402
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
142 000
municipal
-
-
-
28 481
pensions
-
-
-
881
national
-
-
-
15 463
labour market
-
-
-
11 290
total
-
-
-
56 115
Employee
206 561
206 561
206 561
-
labour market
16 501
16 501
16 501
-
national
25 235
25 235
25 235
-
municipal
43 986
43 986
43 986
-
pensions
294
294
294
-
total
86 016
86 016
86 016
-
Employer
206 561
206 561
206 561
-
labour market
16 525
16 525
16 525
-
municipal
44 056
44 056
44 056
-
pensions
587
587
587
-
national
25 279
25 279
25 279
-
total
86 447
86 447
86 447
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
142 000
142 000
142 000
142 000
Total tax
172 463
172 463
172 463
56 115
After tax
-30 463
-30 463
-30 463
85 885
Living cost
48 939
48 939
48 939
48 939
Free-cash
-79 402
-79 402
-79 402
36 946

Estimated living cost  is ₽48939 per week

₽33495
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4329
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽753
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10363
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10366
₽8149
₽75332
₽54010
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
142 000
accident
-
-
-
255
income
-
-
-
37 773
pensions
-
-
-
4 198
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
44 800
Employee
34 400
-
125 706
-
health
3 939
-
14 393
-
income
4 719
-
27 738
-
pensions
3 874
-
7 697
-
total
12 532
-
49 828
-
Employer
34 400
-
125 706
-
accident
574
-
2 099
-
unemployment
843
-
3 080
-
pensions
5 593
-
11 115
-
total
7 010
-
16 294
-
Corporate
100 589
142 000
-
-
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.

90 530
127 800
-
-
total
90 530
127 800
-
-
Dividends
10 059
14 200
-
-
withholding
1 911
2 698
-
-
total
1 911
2 698
-
-
Income
142 000
142 000
142 000
142 000
Total tax
111 983
130 498
66 122
44 800
After tax
30 017
11 502
75 878
97 200
Living cost
21 868
21 868
21 868
21 868
Free-cash
8 149
-10 366
54 010
75 332

Estimated living cost  is ₽21868 per week

₽15918
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1247
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽410
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4293
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52262
₽53497
₽57296
₽37825
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
142 000
municipal
-
-
-
25 243
health
-
-
-
1 763
national
-
-
-
18 681
total
-
-
-
45 687
Employee
53 468
-
119 457
-
health
399
-
1 416
-
municipal
8 758
-
19 474
-
pensions
3 608
-
8 063
-
unemployment
802
-
1 792
-
national
883
-
11 870
-
total
14 450
-
42 615
-
Employer
53 468
-
119 457
-
accident
54
-
120
-
unemployment
347
-
777
-
pensions
9 276
-
20 726
-
health
411
-
920
-
total
10 088
-
22 543
-
Corporate
78 444
142 000
-
-
income
15 689
28 400
-
-
total
15 689
28 400
-
-
Dividends

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

47 067
85 200
-
-
national
787
6 985
-
-
municipal
8 472
15 336
-
-
total
9 259
22 321
-
-
Income
142 000
142 000
142 000
142 000
Total tax
49 486
50 721
65 158
45 687
After tax
92 514
91 279
76 842
96 313
Living cost
39 017
39 017
39 017
39 017
Free-cash
53 497
52 262
37 825
57 296

Estimated living cost  is ₽39017 per week

₽25486
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3753
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽621
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9159
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80181
₽74651
₽75381
₽74031
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
142 000
income
-
-
-
23 025
health
-
-
-
3 622
social contributions
-
-
-
16 443
total
-
-
-
43 090
Employee
78 145
78 145
130 832
-
social contributions
2 955
6 486
8 748
-
health
606
1 329
2 224
-
income
8 509
7 234
22 300
-
total
12 070
15 049
33 272
-
Employer
78 145
78 145
130 832
-
social contributions
2 955
6 486
8 748
-
health
658
1 446
2 420
-
total
3 613
7 932
11 168
-
Corporate
102 790
55 922
-
-
income
12 848
6 991
-
-
total
12 848
6 991
-
-
Dividends
89 942
48 931
-
-
withholding
15 289
8 318
-
-
total
15 289
8 318
-
-
Income
142 000
142 000
142 000
142 000
Total tax
43 820
38 290
44 440
43 090
After tax
98 180
103 710
97 560
98 910
Living cost
23 529
23 529
23 529
23 529
Free-cash
74 651
80 181
74 031
75 381

Estimated living cost  is ₽23529 per week

₽14102
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2308
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽521
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6599
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽101456
₽96285
₽101552
₽81169
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
142 000
income
-
-
-
14 142
pensions
-
-
-
6 464
unemployment
-
-
-
29
health
-
-
-
3 678
total
-
-
-
24 313
Employee

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

23 327
-
132 068
-
health
1 983
-
8 196
-
income
1 595
-
11 623
-
pensions
3 498
-
14 464
-
unemployment
116
-
482
-
total
7 192
-
34 765
-
Employer

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

23 327
-
132 068
-
unemployment
116
-
482
-
pensions
1 282
-
5 303
-
health
1 003
-
4 146
-
total
2 401
-
9 931
-
Corporate
116 272
142 000
-
-
income
10 464
12 780
-
-
total
10 464
12 780
-
-
Dividends
105 808
129 220
-
-
withholding
9 523
11 629
-
-
total
9 523
11 629
-
-
Income
142 000
142 000
142 000
142 000
Total tax
29 580
24 409
44 696
24 313
After tax
112 420
117 591
97 304
117 687
Living cost
16 135
16 135
16 135
16 135
Free-cash
96 285
101 456
81 169
101 552

Estimated living cost  is ₽16135 per week

₽10295
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1163
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4197
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67152
₽62309
₽52000
₽47118
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
142 000
accident
-
-
-
849
income
-
-
-
33 795
pensions
-
-
-
26 656
other
-
-
-
94
unemployment
-
-
-
660
total
-
-
-
62 054
Employee
37 577
-
111 971
-
other
37
-
94
-
income
7 245
-
30 925
-
pensions
1 767
-
4 428
-
unemployment
582
-
1 460
-
total
9 631
-
36 907
-
Employer
37 577
-
111 971
-
accident
744
-
1 865
-
other
301
-
754
-
unemployment
2 067
-
5 180
-
pensions
8 867
-
22 230
-
total
11 979
-
30 029
-
Corporate
92 443
142 000
-
-
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.

13 866
21 301
-
-
total
13 866
21 301
-
-
Dividends
78 577
120 699
-
-
withholding
16 269
25 601
-
-
total
16 269
25 601
-
-
Income
142 000
142 000
142 000
142 000
Total tax
51 745
46 902
66 936
62 054
After tax
90 255
95 098
75 064
79 946
Living cost
27 946
27 946
27 946
27 946
Free-cash
62 309
67 152
47 118
52 000

Estimated living cost  is ₽27946 per week

₽18863
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2686
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.
₽5907
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85827
₽85371
₽87885
₽87688
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
142 000
income
-
-
-
47 834
pensions
-
-
-
2 029
health
-
-
-
1 471
total
-
-
-
51 334
Employee
4 236
-
139 718
-
health
212
-
507
-
income
820
-
47 727
-
pensions
381
-
913
-
unemployment
42
-
101
-
total
1 455
-
49 248
-
Employer
4 236
-
139 718
-
unemployment
85
-
203
-
pensions
466
-
1 116
-
health
402
-
964
-
total
953
-
2 283
-
Corporate
136 810
142 000
-
-
income
30 098
31 240
-
-
total
30 098
31 240
-
-
Dividends
106 712
110 760
-
-
withholding
21 342
22 152
-
-
total
21 342
22 152
-
-
Income
142 000
142 000
142 000
142 000
Total tax
53 848
53 392
51 531
51 334
After tax
88 152
88 608
90 469
90 666
Living cost
2 781
2 781
2 781
2 781
Free-cash
85 371
85 827
87 688
87 885

Estimated living cost  is ₽2781 per week

₽1653
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽225
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽64
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽839
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85037
₽80039
₽64820
₽64820
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
142 000
income
-
-
-
31 259
pensions
-
-
-
19 509
unemployment
-
-
-
1 126
health
-
-
-
7 728
total
-
-
-
59 622
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.

26 477
-
128 569
-
health
1 364
-
3 864
-
income
3 650
-
31 259
-
pensions
3 707
-
10 505
-
unemployment
199
-
563
-
total
8 920
-
46 191
-
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.

26 477
-
128 569
-
unemployment
199
-
563
-
pensions
3 177
-
9 004
-
health
1 364
-
3 864
-
total
4 740
-
13 431
-
Corporate
110 784
142 000
-
-
income
16 618
21 300
-
-
total
16 618
21 300
-
-
Dividends
94 166
120 700
-
-
withholding
14 125
18 105
-
-
total
14 125
18 105
-
-
Income
142 000
142 000
142 000
142 000
Total tax
44 403
39 405
59 622
59 622
After tax
97 597
102 595
82 378
82 378
Living cost
17 558
17 558
17 558
17 558
Free-cash
80 039
85 037
64 820
64 820

Estimated living cost  is ₽17558 per week

₽11822
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1358
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3870
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53373
₽53006
₽49911
₽40260
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
142 000
income
-
-
-
15 345
surtax
-
-
-
-
social contributions

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

-
-
-
49 346
total
-
-
-
64 691
Employee
39 443
-
114 748
-
social contributions
4 339
-
12 622
-
surtax
-
-
-
-
income
7 707
-
34 468
-
total
12 046
-
47 090
-
Employer
39 443
-
114 748
-
social contributions
9 367
-
27 252
-
total
9 367
-
27 252
-
Corporate
93 190
142 000
-
-
surtax
-
-
-
-
income
19 569
29 819
-
-
total
19 569
29 819
-
-
Dividends
73 621
112 181
-
-
withholding
20 614
31 410
-
-
total
20 614
31 410
-
-
Income
142 000
142 000
142 000
142 000
Total tax
61 596
61 229
74 342
64 691
After tax
80 404
80 771
67 658
77 309
Living cost
27 398
27 398
27 398
27 398
Free-cash
53 006
53 373
40 260
49 911

Estimated living cost  is ₽27398 per week

₽19405
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1903
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.
₽5604
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59382
₽52117
₽44230
₽39348
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
142 000
accident
-
-
-
849
income
-
-
-
33 795
pensions
-
-
-
26 656
other
-
-
-
94
unemployment
-
-
-
660
total
-
-
-
62 054
Employee
49 081
-
111 971
-
other
48
-
94
-
income
10 251
-
30 925
-
pensions
2 307
-
4 428
-
unemployment
760
-
1 460
-
total
13 366
-
36 907
-
Employer
49 081
-
111 971
-
accident
972
-
1 865
-
other
393
-
754
-
unemployment
2 700
-
5 180
-
pensions
11 583
-
22 230
-
total
15 648
-
30 029
-
Corporate
77 271
142 000
-
-
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.

11 591
21 301
-
-
total
11 591
21 301
-
-
Dividends
65 681
120 699
-
-
withholding
13 562
25 601
-
-
total
13 562
25 601
-
-
Income
142 000
142 000
142 000
142 000
Total tax
54 167
46 902
66 936
62 054
After tax
87 833
95 098
75 064
79 946
Living cost
35 716
35 716
35 716
35 716
Free-cash
52 117
59 382
39 348
44 230

Estimated living cost  is ₽35716 per week

₽25650
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2777
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6787
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽103931
₽97739
₽93744
₽98915
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
142 000
income
-
-
-
21 300
pensions

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

-
-
-
5 253
unemployment
-
-
-
142
health
-
-
-
4 082
total
-
-
-
30 777
Employee
23 145
-
135 037
-
health
1 065
-
1 633
-
accident

We are using the highest rate at 1.1%.

254
-
390
-
income
2 315
-
13 504
-
pensions

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

2 032
-
3 116
-
total
5 666
-
18 643
-
Employer
23 145
-
135 037
-
accident

We are using the highest rate at 1.1%.

254
-
390
-
unemployment
139
-
213
-
pensions

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

2 551
-
3 911
-
health
1 597
-
2 449
-
total
4 541
-
6 963
-
Corporate
114 314
142 000
-
-
income
11 431
14 200
-
-
total
11 431
14 200
-
-
Dividends
102 882
127 800
-
-
withholding
5 144
6 390
-
-
total
5 144
6 390
-
-
Income
142 000
142 000
142 000
142 000
Total tax
26 782
20 590
25 606
30 777
After tax
115 218
121 410
116 394
111 223
Living cost
17 479
17 479
17 479
17 479
Free-cash
97 739
103 931
98 915
93 744

Estimated living cost  is ₽17479 per week

₽11561
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1001
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽417
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4502
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33906
₽47200
₽40247
₽53843
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
142 000
trade
-
-
-
13 596
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.

-
-
-
39 790
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.

-
-
-
6 943
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.

-
-
-
2 189
total
-
-
-
62 518
Employee

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

50 565
-
142 000
-
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.

6 943
-
6 943
-
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.

229
-
2 189
-
income

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

4 158
-
39 790
-
total
11 330
-
48 922
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
91 435
142 000
-
-
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.

754
1 171
-
-
income
13 716
21 301
-
-
trade
13 122
20 377
-
-
chamber of commerce
289
363
-
-
total
27 881
43 212
-
-
Dividends
63 554
98 789
-
-
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.

852
1 336
-
-
withholding
15 502
24 311
-
-
total
16 354
25 647
-
-
Income
142 000
142 000
142 000
142 000
Total tax
55 565
68 859
48 922
62 518
After tax
86 435
73 141
93 078
79 482
Living cost
39 235
39 235
39 235
39 235
Free-cash
47 200
33 906
53 843
40 247

Estimated living cost  is ₽39235 per week

₽27065
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4222
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7379
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41510
₽43753
₽21275
₽21275
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
142 000
income
-
-
-
40 002
social contributions
-
-
-
22 832
total
-
-
-
62 834
Employee
79 494
-
142 000
-
income
15 000
-
40 002
-
social contributions
6 604
-
22 832
-
total
21 604
-
62 834
-
Employer
79 494
-
142 000
-
total
-
-
-
-
Corporate
62 506
142 000
-
-
income
7 813
17 750
-
-
total
7 813
17 750
-
-
Dividends
54 693
124 250
-
-
withholding
10 939
24 849
-
-
total
10 939
24 849
-
-
Income
142 000
142 000
142 000
142 000
Total tax
40 356
42 599
62 834
62 834
After tax
101 644
99 401
79 166
79 166
Living cost
57 891
57 891
57 891
57 891
Free-cash
43 753
41 510
21 275
21 275

Estimated living cost  is ₽57891 per week

₽44042
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4717
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8578
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50041
₽53592
₽69370
₽66332
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
142 000
income
-
-
-
28 928
health

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

-
-
-
6 812
total
-
-
-
35 740
Employee
46 620
-
137 325
-
income
5 059
-
29 428
-
social contributions
4 671
-
4 675
-
total
9 730
-
34 103
-
Employer
46 620
-
137 325
-
social contributions
4 671
-
4 675
-
total
4 671
-
4 675
-
Corporate
90 709
142 000
-
-
income
31 748
49 700
-
-
total
31 748
49 700
-
-
Dividends
58 961
92 300
-
-
social contributions
5 369
5 369
-
-
total
5 369
5 369
-
-
Income
142 000
142 000
142 000
142 000
Total tax
51 518
55 069
38 778
35 740
After tax
90 482
86 931
103 222
106 260
Living cost
36 890
36 890
36 890
36 890
Free-cash
53 592
50 041
66 332
69 370

Estimated living cost  is ₽36890 per week

₽24300
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2908
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.
₽9116
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59073
₽62630
₽59037
₽45974
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
142 000
income
-
-
-
36 530
pensions
-
-
-
8 439
total
-
-
-
44 969
Employee
52 152
-
124 400
-
health
680
-
1 951
-
income
9 497
-
27 821
-
pensions
3 980
-
10 660
-
total
14 157
-
40 432
-
Employer
52 152
-
124 400
-
pensions
5 269
-
15 237
-
health
991
-
2 363
-
total
6 260
-
17 600
-
Corporate
83 588
142 000
-
-
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.

15 881
26 980
-
-
total
15 881
26 980
-
-
Dividends
67 706
115 020
-
-
withholding
5 078
17 953
-
-
total
5 078
17 953
-
-
Income
142 000
142 000
142 000
142 000
Total tax
41 376
44 933
58 032
44 969
After tax
100 624
97 067
83 968
97 031
Living cost
37 994
37 994
37 994
37 994
Free-cash
62 630
59 073
45 974
59 037

Estimated living cost  is ₽37994 per week

₽26064
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3494
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.
₽7959
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽12531
₽7816
₽73167
₽51845
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
142 000
accident
-
-
-
255
income
-
-
-
37 773
pensions
-
-
-
4 198
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
44 800
Employee
37 806
-
125 706
-
health
4 329
-
14 393
-
income
5 187
-
27 738
-
pensions
4 257
-
7 697
-
total
13 773
-
49 828
-
Employer
37 806
-
125 706
-
accident
631
-
2 099
-
unemployment
926
-
3 080
-
pensions
6 147
-
11 115
-
total
7 704
-
16 294
-
Corporate
96 490
142 000
-
-
income

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

86 841
127 800
-
-
total
86 841
127 800
-
-
Dividends
9 649
14 200
-
-
withholding
1 833
2 698
-
-
total
1 833
2 698
-
-
Income
142 000
142 000
142 000
142 000
Total tax
110 151
130 498
66 122
44 800
After tax
31 849
11 502
75 878
97 200
Living cost
24 033
24 033
24 033
24 033
Free-cash
7 816
-12 531
51 845
73 167

Estimated living cost  is ₽24033 per week

₽17638
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1400
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.
₽4511
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽105798
₽101054
₽66396
₽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

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.

-
-
-
142 000
work injury
-
-
-
710
health insurance
-
-
-
10 508
income
-
-
-
22 859
pensions
-
-
-
26 128
unemployment
-
-
-
1 704
total
-
-
-
61 909
Employee

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

21 911
-
142 000
-
work injury
110
-
405
-
income
2 191
-
22 859
-
pensions
4 032
-
14 917
-
health insurance
1 621
-
5 999
-
unemployment
263
-
973
-
total
8 217
-
45 153
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
120 089
142 000
-
-
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%.

1 201
1 420
-
-
total
1 201
1 420
-
-
Dividends
118 888
140 580
-
-
withholding
17 833
21 087
-
-
total
17 833
21 087
-
-
Income
142 000
142 000
142 000
142 000
Total tax
27 251
22 507
45 153
61 909
After tax
114 749
119 493
96 847
80 091
Living cost
13 695
13 695
13 695
13 695
Free-cash
101 054
105 798
83 152
66 396

Estimated living cost  is ₽13695 per week

₽8484
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽995
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽427
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3788
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34312
₽29688
₽27851
₽21356
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
142 000
municipal
-
-
-
949
regional
-
-
-
3 208
national
-
-
-
32 984
social contributions
-
-
-
36 523
total
-
-
-
73 664
Employee
85 636
-
142 000
-
social contributions
28 876
-
47 882
-
regional
1 293
-
2 762
-
municipal
511
-
847
-
national
14 472
-
28 668
-
total
45 152
-
80 159
-
Employer
85 636
-
142 000
-
total
-
-
-
-
Corporate
56 364
142 000
-
-
nationa
13 527
34 079
-
-
municipal
2 717
6 844
-
-
total
16 244
40 923
-
-
Dividends
40 119
101 076
-
-
withholding
10 431
26 280
-
-
total
10 431
26 280
-
-
Income
142 000
142 000
142 000
142 000
Total tax
71 827
67 203
80 159
73 664
After tax
70 173
74 797
61 841
68 336
Living cost
40 485
40 485
40 485
40 485
Free-cash
29 688
34 312
21 356
27 851

Estimated living cost  is ₽40485 per week

₽28438
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2785
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽611
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8650
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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