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
₽ 110000
per

Your estimated
City
free-cash

Dresden , Germany
₽37451
₽27023
₽45695
₽35272
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
110 000
trade
-
-
-
10 423
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.

-
-
-
27 789
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.

-
-
-
6 439
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.

-
-
-
1 528
total
-
-
-
46 179
Employee

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

36 051
-
110 000
-
surtax

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

55
-
1 528
-
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.

6 439
-
6 439
-
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.

1 007
-
27 789
-
total
7 501
-
35 756
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
73 949
110 000
-
-
trade
11 646
17 325
-
-
income
11 092
16 501
-
-
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.

610
907
-
-
chamber of commerce
249
300
-
-
total
23 597
35 033
-
-
Dividends
50 352
74 967
-
-
withholding
12 229
18 384
-
-
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.

673
1 011
-
-
total
12 902
19 395
-
-
Income
110 000
110 000
110 000
110 000
Total tax
44 000
54 428
35 756
46 179
After tax
66 000
55 572
74 244
63 821
Living cost
28 549
28 549
28 549
28 549
Free-cash
37 451
27 023
45 695
35 272

Estimated living cost  is ₽28549 per week

₽17958
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3329
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽533
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6729
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19664
₽20465
₽18618
₽17755
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
110 000
social contributions
-
-
-
1 183
pensions
-
-
-
13 200
municipal
-
-
-
11 644
national
-
-
-
18 043
total
-
-
-
44 070
Employee
74 679
-
95 094
-
national
14 294
-
18 703
-
municipal
9 224
-
12 070
-
pensions
2 987
-
3 804
-
total
26 505
-
34 577
-
Employer
74 679
-
95 094
-
pensions
5 974
-
7 608
-
social contributions
803
-
1 022
-
total
6 777
-
8 630
-
Corporate
23 615
110 000
-
-
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%.

4 723
22 000
-
-
total
4 723
22 000
-
-
Dividends
18 892
88 000
-
-
withholding
4 156
19 360
-
-
total
4 156
19 360
-
-
Income
110 000
110 000
110 000
110 000
Total tax
42 161
41 360
43 207
44 070
After tax
67 839
68 640
66 793
65 930
Living cost
48 175
48 175
48 175
48 175
Free-cash
19 664
20 465
18 618
17 755

Estimated living cost  is ₽48175 per week

₽32744
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4478
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽721
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10232
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60659
₽68390
₽42213
₽38935
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
110 000
social contributions

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

-
-
-
35 364
income
-
-
-
16 092
microenterprise
-
-
-
-
surtax
-
-
-
-
total
-
-
-
51 456
Employee
27 542
-
88 645
-
surtax
-
-
-
-
social contributions

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

3 030
-
9 750
-
income
4 903
-
17 073
-
total
7 933
-
26 823
-
Employer
27 542
-
88 645
-
social contributions

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

6 634
-
21 355
-
surtax
-
-
-
-
total
6 634
-
21 355
-
Corporate
75 824
110 000
-
-
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%.

15 165
22 001
-
-
total
15 165
22 001
-
-
Dividends

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

60 659
87 999
-
-
total
-
-
-
-
Income
110 000
110 000
110 000
110 000
Total tax
29 732
22 001
48 178
51 456
After tax
80 268
87 999
61 822
58 544
Living cost
19 609
19 609
19 609
19 609
Free-cash
60 659
68 390
42 213
38 935

Estimated living cost  is ₽19609 per week

₽12510
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1867
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽445
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4787
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8366
₽14139
₽18652
₽23432
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
110 000
income
-
-
-
24 417
pensions
-
-
-
11 043
health
-
-
-
11 623
total
-
-
-
47 083
Employee
80 491
80 491
93 610
-
health
12 354
10 509
11 256
-
pensions
14 488
11 043
11 043
-
income

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

13 175
13 175
13 175
-
total
40 017
34 727
35 474
-
Employer
80 491
80 491
93 610
-
pensions
5 602
5 602
6 514
-
unemployment
2 898
2 898
3 370
-
health
5 595
5 595
6 505
-
total
14 095
14 095
16 389
-
Corporate
16 402
15 414
-
-
income
3 280
3 084
-
-
total
3 280
3 084
-
-
Dividends
13 121
12 330
-
-
withholding
1 968
1 850
-
-
income
2 789
2 620
-
-
total
4 757
4 470
-
-
Income
110 000
110 000
110 000
110 000
Total tax
62 149
56 376
51 863
47 083
After tax
47 851
53 624
58 137
62 917
Living cost
39 485
39 485
39 485
39 485
Free-cash
8 366
14 139
18 652
23 432

Estimated living cost  is ₽39485 per week

₽27982
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3559
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽628
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7316
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20361
₽21233
₽19243
₽20070
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
110 000
other
-
-
-
9 888
unemployment
-
-
-
85
pensions
-
-
-
9 199
municipal
-
-
-
25 451
accident
-
-
-
170
national
-
-
-
1 000
health
-
-
-
5 310
total
-
-
-
51 103
Employee
55 325
-
83 701
-
national
-
-
671
-
municipal
16 498
-
24 960
-
total
16 498
-
25 631
-
Employer
55 325
-
83 701
-
other
6 429
-
9 726
-
accident
111
-
167
-
pensions
5 981
-
9 048
-
unemployment
1 461
-
2 210
-
health
3 402
-
5 148
-
total
17 384
-
26 299
-
Corporate
37 291
110 000
-
-
income
8 204
24 200
-
-
total
8 204
24 200
-
-
Dividends
29 087
85 800
-
-
withholding
8 726
25 740
-
-
total
8 726
25 740
-
-
Income
110 000
110 000
110 000
110 000
Total tax
50 812
49 940
51 930
51 103
After tax
59 188
60 060
58 070
58 897
Living cost
38 827
38 827
38 827
38 827
Free-cash
20 361
21 233
19 243
20 070

Estimated living cost  is ₽38827 per week

₽25733
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3810
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8695
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31225
₽17980
₽37216
₽26330
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
110 000
trade
-
-
-
10 886
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.

-
-
-
27 789
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.

-
-
-
6 439
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.

-
-
-
1 528
total
-
-
-
46 642
Employee

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

47 799
-
110 000
-
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.

225
-
1 528
-
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.

6 439
-
6 439
-
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.

4 107
-
27 789
-
total
10 771
-
35 756
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
62 201
110 000
-
-
trade
10 231
18 094
-
-
income
9 330
16 501
-
-
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.

513
907
-
-
chamber of commerce
231
299
-
-
total
20 305
35 801
-
-
Dividends
41 896
74 199
-
-
withholding
10 115
18 191
-
-
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.

556
1 000
-
-
total
10 671
19 191
-
-
Income
110 000
110 000
110 000
110 000
Total tax
41 747
54 992
35 756
46 642
After tax
68 253
55 008
74 244
63 358
Living cost
37 028
37 028
37 028
37 028
Free-cash
31 225
17 980
37 216
26 330

Estimated living cost  is ₽37028 per week

₽24764
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3905
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.
₽7806
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45949
₽49856
₽45444
₽46650
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
110 000
social contributions
-
-
-
15 250
income
-
-
-
14 723
health
-
-
-
2 805
total
-
-
-
32 778
Employee
72 479
72 479
100 035
-
health
721
1 232
1 701
-
social contributions
3 522
6 015
8 113
-
income
7 611
6 709
14 206
-
total
11 854
13 956
24 020
-
Employer
72 479
72 479
100 035
-
social contributions
3 522
6 015
8 113
-
health
785
1 342
1 851
-
total
4 307
7 357
9 964
-
Corporate
63 267
30 165
-
-
income
7 908
3 771
-
-
total
7 908
3 771
-
-
Dividends
55 359
26 394
-
-
withholding
9 410
4 488
-
-
total
9 410
4 488
-
-
Income
110 000
110 000
110 000
110 000
Total tax
33 479
29 572
33 984
32 778
After tax
76 521
80 428
76 016
77 222
Living cost
30 572
30 572
30 572
30 572
Free-cash
45 949
49 856
45 444
46 650

Estimated living cost  is ₽30572 per week

₽20899
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2388
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6772
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44772
₽44408
₽46258
₽58694
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
110 000
unemployment
-
-
-
1 650
income
-
-
-
13 447
pensions
-
-
-
11 000
health
-
-
-
7 700
total
-
-
-
33 797
Employee

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

The minimum wage is 138,000 HUF per month.

25 275
10 059
92 050
-
unemployment
379
151
1 381
-
health
1 769
704
6 444
-
pensions
2 528
1 006
9 205
-
income
3 090
1 230
11 253
-
total
7 766
3 091
28 283
-
Employer

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

The minimum wage is 138,000 HUF per month.

25 275
10 059
92 050
-
pensions
4 929
1 962
17 950
-
total
4 929
1 962
17 950
-
Corporate
79 796
97 979
-
-
income
7 182
8 818
-
-
total
7 182
8 818
-
-
Dividends
72 614
89 161
-
-
withholding
13 797
16 941
-
-
social contributions
14 045
17 271
-
-
total
27 842
34 212
-
-
Income
110 000
110 000
110 000
110 000
Total tax
47 719
48 083
46 233
33 797
After tax
62 281
61 917
63 767
76 203
Living cost
17 509
17 509
17 509
17 509
Free-cash
44 772
44 408
46 258
58 694

Estimated living cost  is ₽17509 per week

₽11949
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1433
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽350
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3778
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59380
₽65233
₽40637
₽36191
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
110 000
income
-
-
-
14 741
pensions
-
-
-
22 001
health
-
-
-
14 301
total
-
-
-
51 043
Employee
26 739
-
82 211
-
unemployment
427
-
1 315
-
pensions
535
-
1 644
-
income
3 010
-
15 851
-
total
3 972
-
18 810
-
Employer
26 739
-
82 211
-
pensions
5 348
-
16 442
-
unemployment
215
-
658
-
health
3 475
-
10 687
-
total
9 038
-
27 787
-
Corporate
74 223
110 000
-
-
income
14 844
22 001
-
-
total
14 844
22 001
-
-
Dividends
59 378
87 999
-
-
total
-
-
-
-
Income
110 000
110 000
110 000
110 000
Total tax
27 854
22 001
46 597
51 043
After tax
82 146
87 999
63 403
58 957
Living cost
22 766
22 766
22 766
22 766
Free-cash
59 380
65 233
40 637
36 191

Estimated living cost  is ₽22766 per week

₽15615
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1356
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5337
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5664
-₽12257
₽36494
₽54244
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
110 000
other
-
-
-
357
income
-
-
-
27 888
pensions
-
-
-
4 003
accident
-
-
-
243
health
-
-
-
2 098
total
-
-
-
34 589
Employee
33 297
-
95 467
-
health
3 812
-
10 931
-
pensions
3 749
-
7 340
-
income
4 568
-
19 535
-
total
12 129
-
37 806
-
Employer
33 297
-
95 467
-
accident
556
-
1 594
-
pensions
5 414
-
10 600
-
unemployment
816
-
2 339
-
total
6 786
-
14 533
-
Corporate
69 918
110 000
-
-
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.

62 926
99 000
-
-
total
62 926
99 000
-
-
Dividends
6 992
11 000
-
-
withholding
1 328
2 090
-
-
total
1 328
2 090
-
-
Income
110 000
110 000
110 000
110 000
Total tax
83 169
101 090
52 339
34 589
After tax
26 831
8 910
57 661
75 411
Living cost
21 167
21 167
21 167
21 167
Free-cash
5 664
-12 257
36 494
54 244

Estimated living cost  is ₽21167 per week

₽15513
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1173
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽442
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4039
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95384
₽96823
₽80323
₽101223
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
110 000
microenterprise

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

-
-
-
1 100
total
-
-
-
1 100
Employee
9 596
-
110 000
-
income
1 919
-
22 000
-
total
1 919
-
22 000
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

100 404
110 000
-
-
total
-
-
-
-
Dividends
100 404
110 000
-
-
withholding
5 020
5 500
-
-
total
5 020
5 500
-
-
Income
110 000
110 000
110 000
110 000
Total tax
6 939
5 500
22 000
1 100
After tax
103 061
104 500
88 000
108 900
Living cost
7 677
7 677
7 677
7 677
Free-cash
95 384
96 823
80 323
101 223

Estimated living cost  is ₽7677 per week

₽4758
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽638
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽211
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2070
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49336
₽55703
₽38573
₽34024
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
110 000
other
-
-
-
5 225
income
-
-
-
14 395
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.

-
-
-
26 401
health
-
-
-
4 840
total
-
-
-
50 861
Employee
34 223
-
87 858
-
unemployment
342
-
878
-
health
479
-
1 231
-
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.

2 395
-
6 151
-
income
5 892
-
15 910
-
total
9 108
-
24 170
-
Employer
34 223
-
87 858
-
other
1 712
-
4 393
-
accident
274
-
703
-
pensions

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

5 819
-
14 937
-
unemployment
342
-
878
-
health
479
-
1 231
-
total
8 626
-
22 142
-
Corporate
67 151
110 000
-
-
income
14 102
23 099
-
-
total
14 102
23 099
-
-
Dividends
53 049
86 901
-
-
withholding
3 713
6 083
-
-
total
3 713
6 083
-
-
Income
110 000
110 000
110 000
110 000
Total tax
35 549
29 182
46 312
50 861
After tax
74 451
80 818
63 688
59 139
Living cost
25 115
25 115
25 115
25 115
Free-cash
49 336
55 703
38 573
34 024

Estimated living cost  is ₽25115 per week

₽17746
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1696
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽404
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5269
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7821
₽15831
₽4788
₽15037
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
110 000
income
-
-
-
25 810
pensions
-
-
-
7 266
total
-
-
-
33 076
Employee
87 560
-
96 582
-
health
1 443
-
1 606
-
pensions
8 447
-
9 324
-
income
15 784
-
18 977
-
total
25 674
-
29 907
-
Employer
87 560
-
96 582
-
pensions
10 338
-
11 584
-
health
1 663
-
1 834
-
total
12 001
-
13 418
-
Corporate
10 438
110 000
-
-
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.

1 983
20 901
-
-
total
1 983
20 901
-
-
Dividends
8 455
89 099
-
-
withholding
634
11 381
-
-
total
634
11 381
-
-
Income
110 000
110 000
110 000
110 000
Total tax
40 292
32 282
43 325
33 076
After tax
69 708
77 718
66 675
76 924
Living cost
61 887
61 887
61 887
61 887
Free-cash
7 821
15 831
4 788
15 037

Estimated living cost  is ₽61887 per week

₽46373
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7271
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.
₽7740
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽77326
₽81701
₽76079
₽72367
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
110 000
unemployment
-
-
-
132
income
-
-
-
16 500
pensions

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

-
-
-
4 869
health
-
-
-
3 783
total
-
-
-
25 284
Employee
16 352
-
103 545
-
accident

We are using the highest rate at 1.1%.

180
-
362
-
health
752
-
1 513
-
pensions

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

1 436
-
2 889
-
income
1 635
-
10 354
-
total
4 003
-
15 118
-
Employer
16 352
-
103 545
-
accident

We are using the highest rate at 1.1%.

180
-
362
-
pensions

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

1 802
-
3 625
-
unemployment
98
-
197
-
health
1 129
-
2 270
-
total
3 209
-
6 454
-
Corporate
90 440
110 000
-
-
income
9 044
11 000
-
-
total
9 044
11 000
-
-
Dividends
81 396
99 000
-
-
withholding
4 069
4 950
-
-
total
4 069
4 950
-
-
Income
110 000
110 000
110 000
110 000
Total tax
20 325
15 950
21 572
25 284
After tax
89 675
94 050
88 428
84 716
Living cost
12 349
12 349
12 349
12 349
Free-cash
77 326
81 701
76 079
72 367

Estimated living cost  is ₽12349 per week

₽7210
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽882
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽327
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3931
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3729
₽1358
₽5871
₽10651
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
110 000
income
-
-
-
24 417
pensions
-
-
-
11 043
health
-
-
-
11 623
total
-
-
-
47 083
Employee
87 387
80 491
93 610
-
health
10 902
10 509
11 256
-
pensions
11 043
11 043
11 043
-
income

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

13 175
13 175
13 175
-
total
35 120
34 727
35 474
-
Employer
87 387
80 491
93 610
-
pensions
6 082
5 602
6 514
-
unemployment
3 146
2 898
3 370
-
health
6 073
5 595
6 505
-
total
15 301
14 095
16 389
-
Corporate
7 312
15 414
-
-
income
1 463
3 084
-
-
total
1 463
3 084
-
-
Dividends
5 849
12 330
-
-
withholding
878
1 850
-
-
income
1 243
2 620
-
-
total
2 121
4 470
-
-
Income
110 000
110 000
110 000
110 000
Total tax
54 005
56 376
51 863
47 083
After tax
55 995
53 624
58 137
62 917
Living cost
52 266
52 266
52 266
52 266
Free-cash
3 729
1 358
5 871
10 651

Estimated living cost  is ₽52266 per week

₽38555
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4668
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽599
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8444
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43908
₽52277
₽32363
₽30118
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
110 000
social contributions
-
-
-
32 120
income
-
-
-
9 454
health
-
-
-
14 850
solidarity contribution
-
-
-
-
total
-
-
-
56 424
Employee
34 497
-
82 090
-
solidarity contribution
-
-
-
-
health
4 657
-
11 082
-
social contributions
2 242
-
5 336
-
income
4 140
-
9 851
-
total
11 039
-
26 269
-
Employer
34 497
-
82 090
-
social contributions
8 624
-
20 522
-
health
3 105
-
7 388
-
total
11 729
-
27 910
-
Corporate
63 774
110 000
-
-
income
12 117
20 900
-
-
total
12 117
20 900
-
-
Dividends
51 657
89 100
-
-
withholding
7 749
13 365
-
-
total
7 749
13 365
-
-
Income
110 000
110 000
110 000
110 000
Total tax
42 634
34 265
54 179
56 424
After tax
67 366
75 735
55 821
53 576
Living cost
23 458
23 458
23 458
23 458
Free-cash
43 908
52 277
32 363
30 118

Estimated living cost  is ₽23458 per week

₽16294
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1669
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5034
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13995
₽18917
₽10340
₽15574
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
110 000
regional
-
-
-
1 241
social contributions
-
-
-
28 292
municipal
-
-
-
653
national
-
-
-
24 467
total
-
-
-
54 653
Employee
83 769
-
110 000
-
national
14 515
-
21 123
-
regional
790
-
1 089
-
municipal
444
-
583
-
social contributions
28 247
-
37 092
-
total
43 996
-
59 887
-
Employer
83 769
-
110 000
-
total
-
-
-
-
Corporate
26 231
110 000
-
-
nationa
6 296
26 399
-
-
municipal
1 023
4 289
-
-
total
7 319
30 688
-
-
Dividends
18 912
79 311
-
-
withholding
4 917
20 622
-
-
total
4 917
20 622
-
-
Income
110 000
110 000
110 000
110 000
Total tax
56 232
51 310
59 887
54 653
After tax
53 768
58 690
50 113
55 347
Living cost
39 773
39 773
39 773
39 773
Free-cash
13 995
18 917
10 340
15 574

Estimated living cost  is ₽39773 per week

₽27725
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2608
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽610
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8829
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45458
₽48392
₽31611
₽33419
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
110 000
other
-
-
-
-
unemployment
-
-
-
215
income
-
-
-
22 752
pensions
-
-
-
22 001
health
-
-
-
7 811
surtax
-
-
-
3 003
total
-
-
-
55 782
Employee
31 170
-
90 872
-
surtax
102
-
2 719
-
unemployment
2 170
-
6 325
-
other
-
-
-
-
health
796
-
2 316
-
pensions
2 078
-
6 062
-
income
5 225
-
21 040
-
total
10 371
-
38 462
-
Employer
31 170
-
90 872
-
other
-
-
-
-
pensions
4 155
-
12 113
-
unemployment
987
-
2 880
-
health
1 418
-
4 135
-
total
6 560
-
19 128
-
Corporate
72 269
110 000
-
-
income
18 790
28 599
-
-
total
18 790
28 599
-
-
Dividends
53 479
81 401
-
-
withholding
8 022
12 210
-
-
total
8 022
12 210
-
-
Income
110 000
110 000
110 000
110 000
Total tax
43 743
40 809
57 590
55 782
After tax
66 257
69 191
52 410
54 218
Living cost
20 799
20 799
20 799
20 799
Free-cash
45 458
48 392
31 611
33 419

Estimated living cost  is ₽20799 per week

₽12718
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1919
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽479
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5683
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32857
₽35439
₽24396
₽34645
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
110 000
income
-
-
-
25 810
pensions
-
-
-
7 266
total
-
-
-
33 076
Employee
58 681
-
96 582
-
health
852
-
1 606
-
pensions
4 981
-
9 324
-
income
10 569
-
18 977
-
total
16 402
-
29 907
-
Employer
58 681
-
96 582
-
pensions
6 352
-
11 584
-
health
1 115
-
1 834
-
total
7 467
-
13 418
-
Corporate
43 852
110 000
-
-
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.

8 331
20 901
-
-
total
8 331
20 901
-
-
Dividends
35 521
89 099
-
-
withholding
2 664
11 381
-
-
total
2 664
11 381
-
-
Income
110 000
110 000
110 000
110 000
Total tax
34 864
32 282
43 325
33 076
After tax
75 136
77 718
66 675
76 924
Living cost
42 279
42 279
42 279
42 279
Free-cash
32 857
35 439
24 396
34 645

Estimated living cost  is ₽42279 per week

₽31675
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3169
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽442
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6992
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽7675
-₽24200
₽11299
₽16760
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
110 000
other

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

-
-
-
2 200
city
-
-
-
1 160
regional
-
-
-
4 116
pensions
-
-
-
10 120
national
-
-
-
897
health
-
-
-
247
total
-
-
-
18 740
Employee
87 184
-
98 456
-
national
413
-
671
-
unemployment
-
-
-
-
city
936
-
1 058
-
regional
2 855
-
3 519
-
health
197
-
222
-
pensions
7 325
-
8 270
-
total
11 726
-
13 740
-
Employer
87 184
-
98 456
-
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.

1 743
-
1 969
-
pensions
7 325
-
8 270
-
unemployment
-
-
-
-
health
197
-
222
-
total
9 265
-
10 461
-
Corporate
12 592
110 000
-
-
regional
2 664
23 266
-
-
national
1 070
9 349
-
-
total
3 734
32 615
-
-
Dividends
8 859
77 385
-
-
withholding
3 100
27 085
-
-
total
3 100
27 085
-
-
Income
110 000
110 000
110 000
110 000
Total tax
27 825
59 700
24 201
18 740
After tax
82 175
50 300
85 799
91 260
Living cost
74 500
74 500
74 500
74 500
Free-cash
7 675
-24 200
11 299
16 760

Estimated living cost  is ₽74500 per week

₽48446
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6686
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽915
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18453
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽26546
₽11260
₽31065
₽19716
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
110 000
trade
-
-
-
11 349
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.

-
-
-
27 789
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.

-
-
-
6 439
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.

-
-
-
1 528
total
-
-
-
47 105
Employee

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

56 646
-
110 000
-
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.

367
-
1 528
-
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.

6 439
-
6 439
-
income

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

6 661
-
27 789
-
total
13 467
-
35 756
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
53 354
110 000
-
-
trade
9 151
18 865
-
-
income
8 003
16 501
-
-
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.

440
907
-
-
chamber of commerce
218
299
-
-
total
17 812
36 572
-
-
Dividends
35 542
73 428
-
-
withholding
8 527
18 000
-
-
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.

469
989
-
-
total
8 996
18 989
-
-
Income
110 000
110 000
110 000
110 000
Total tax
40 275
55 561
35 756
47 105
After tax
69 725
54 439
74 244
62 895
Living cost
43 179
43 179
43 179
43 179
Free-cash
26 546
11 260
31 065
19 716

Estimated living cost  is ₽43179 per week

₽31536
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3454
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽562
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7629
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28759
₽23192
₽34417
₽30649
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
110 000
other
-
-
-
3 409
social contributions
-
-
-
3 134
income
-
-
-
12 703
pensions
-
-
-
24 954
health
-
-
-
2 903
surtax
-
-
-
-
total
-
-
-
47 103
Employee
40 340
-
88 237
-
surtax
-
-
-
-
pensions
4 561
-
4 790
-
social contributions
1 150
-
2 513
-
income
2 381
-
14 271
-
total
8 092
-
21 574
-
Employer
40 340
-
88 237
-
other
1 392
-
3 044
-
pensions
6 627
-
8 305
-
unemployment
1 633
-
3 574
-
social contributions
122
-
265
-
health
2 824
-
6 573
-
total
12 598
-
21 761
-
Corporate
57 062
110 000
-
-
income
15 977
30 799
-
-
surtax
-
-
-
-
total
15 977
30 799
-
-
Dividends
41 086
79 201
-
-
withholding
5 259
10 138
-
-
social contributions
7 067
13 623
-
-
surtax
-
-
-
-
total
12 326
23 761
-
-
Income
110 000
110 000
110 000
110 000
Total tax
48 993
54 560
43 335
47 103
After tax
61 007
55 440
66 665
62 897
Living cost
32 248
32 248
32 248
32 248
Free-cash
28 759
23 192
34 417
30 649

Estimated living cost  is ₽32248 per week

₽20334
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2622
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽549
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8745
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31624
₽26387
₽37612
₽33844
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
110 000
other
-
-
-
3 409
social contributions
-
-
-
3 134
income
-
-
-
12 703
pensions
-
-
-
24 954
health
-
-
-
2 903
surtax
-
-
-
-
total
-
-
-
47 103
Employee
36 009
-
88 237
-
surtax
-
-
-
-
pensions
4 073
-
4 790
-
social contributions
1 027
-
2 513
-
income
1 857
-
14 271
-
total
6 957
-
21 574
-
Employer
36 009
-
88 237
-
other
1 243
-
3 044
-
pensions
5 917
-
8 305
-
unemployment
1 458
-
3 574
-
social contributions
107
-
265
-
health
2 520
-
6 573
-
total
11 245
-
21 761
-
Corporate
62 745
110 000
-
-
income
17 568
30 799
-
-
surtax
-
-
-
-
total
17 568
30 799
-
-
Dividends
45 177
79 201
-
-
withholding
5 783
10 138
-
-
social contributions
7 770
13 623
-
-
surtax
-
-
-
-
total
13 553
23 761
-
-
Income
110 000
110 000
110 000
110 000
Total tax
49 323
54 560
43 335
47 103
After tax
60 677
55 440
66 665
62 897
Living cost
29 053
29 053
29 053
29 053
Free-cash
31 624
26 387
37 612
33 844

Estimated living cost  is ₽29053 per week

₽16849
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2951
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8702
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47613
₽47125
₽50030
₽50652
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
110 000
social contributions
-
-
-
15 181
income
-
-
-
16 501
health
-
-
-
7 679
total
-
-
-
39 361
Employee
31 958
-
110 000
-
health
2 230
-
7 679
-
social contributions
4 411
-
15 181
-
income
5 330
-
17 123
-
total
11 971
-
39 983
-
Employer
31 958
-
110 000
-
total
-
-
-
-
Corporate
78 042
110 000
-
-
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%.

3 903
5 500
-
-
total
3 903
5 500
-
-
Dividends
74 139
104 500
-
-
health
5 175
7 294
-
-
withholding
11 120
15 674
-
-
social contributions
10 231
14 420
-
-
total
26 526
37 388
-
-
Income
110 000
110 000
110 000
110 000
Total tax
42 400
42 888
39 983
39 361
After tax
67 600
67 112
70 017
70 639
Living cost
19 987
19 987
19 987
19 987
Free-cash
47 613
47 125
50 030
50 652

Estimated living cost  is ₽19987 per week

₽13376
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1232
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4917
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26728
₽28186
-₽1866
₽21194
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
110 000
chamber of commerce
-
-
-
440
unemployment
-
-
-
5 781
income
-
-
-
20 421
pensions
-
-
-
20 350
health
-
-
-
8 416
surtax
-
-
-
186
total
-
-
-
55 594
Employee
47 105
37 562
85 273
-
unemployment
1 413
1 127
2 558
-
other
470
376
853
-
health
1 823
1 454
3 300
-
pensions
4 824
3 846
8 732
-
income
5 362
2 771
18 060
-
total
13 892
9 574
33 503
-
Employer
47 105
37 562
85 273
-
payroll
1 413
1 127
2 558
-
other
2 238
1 783
4 050
-
accident
612
488
1 109
-
pensions
5 912
4 715
10 702
-
unemployment
1 413
1 127
2 558
-
chamber of commerce
188
150
342
-
surtax
186
186
186
-
health
1 780
1 420
3 223
-
total
13 742
10 996
24 728
-
Corporate
49 154
61 441
81 696
-
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.

12 288
15 359
20 423
-
total
12 288
15 359
20 423
-
Dividends
36 866
46 081
-
-
withholding
10 138
12 673
-
-
total
10 138
12 673
-
-
Income
110 000
110 000
110 000
110 000
Total tax
50 060
48 602
78 654
55 594
After tax
59 940
61 398
31 346
54 406
Living cost
33 212
33 212
33 212
33 212
Free-cash
26 728
28 186
-1 866
21 194

Estimated living cost  is ₽33212 per week

₽22151
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2833
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽546
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7682
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13131
₽27269
₽7490
₽15536
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
110 000
social contributions
-
-
-
17 646
national
-
-
-
36 910
communal

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

-
-
-
5 541
total
-
-
-
60 097
Employee

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

67 422
-
85 200
-
national
20 728
-
27 766
-
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.

587
-
741
-
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.

3 168
-
4 005
-
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.

5 057
-
6 389
-
communal

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

3 517
-
4 443
-
total
33 057
-
43 344
-
Employer

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

67 422
-
85 200
-
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.

876
-
1 107
-
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.

5 974
-
7 548
-
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.

984
-
1 243
-
surtax
7 645
-
9 662
-
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.

4 146
-
5 239
-
total
19 625
-
24 799
-
Corporate
22 952
110 000
-
-
income
4 590
22 001
-
-
surtax
91
440
-
-
total
4 681
22 441
-
-
Dividends
18 271
87 559
-
-
withholding

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

5 139
25 923
-
-
total
5 139
25 923
-
-
Income
110 000
110 000
110 000
110 000
Total tax
62 502
48 364
68 143
60 097
After tax
47 498
61 636
41 857
49 903
Living cost
34 367
34 367
34 367
34 367
Free-cash
13 131
27 269
7 490
15 536

Estimated living cost  is ₽34367 per week

₽22137
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3005
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽538
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8688
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32531
₽39957
₽22858
₽26437
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
110 000
other
-
-
-
88
unemployment
-
-
-
612
income
-
-
-
23 313
pensions
-
-
-
24 723
accident
-
-
-
787
total
-
-
-
49 523
Employee
46 918
-
83 409
-
unemployment
728
-
1 293
-
other
47
-
84
-
pensions
2 205
-
3 921
-
income
9 899
-
21 213
-
total
12 879
-
26 511
-
Employer
46 918
-
83 409
-
other
374
-
667
-
accident
928
-
1 651
-
pensions
11 072
-
19 685
-
unemployment
2 581
-
4 588
-
total
14 955
-
26 591
-
Corporate
48 126
110 000
-
-
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.

7 219
16 501
-
-
total
7 219
16 501
-
-
Dividends
40 907
93 499
-
-
withholding
8 376
19 502
-
-
total
8 376
19 502
-
-
Income
110 000
110 000
110 000
110 000
Total tax
43 429
36 003
53 102
49 523
After tax
66 571
73 997
56 898
60 477
Living cost
34 040
34 040
34 040
34 040
Free-cash
32 531
39 957
22 858
26 437

Estimated living cost  is ₽34040 per week

₽25067
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2415
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.
₽6067
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8313
₽15491
₽13820
₽9378
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
110 000
income
-
-
-
11 848
pensions
-
-
-
16 488
accident
-
-
-
927
communal
-
-
-
6 953
health
-
-
-
7 729
surtax
-
-
-
5 454
total
-
-
-
49 399
Employee
71 379
-
98 259
-
surtax
4 375
-
6 023
-
health
3 177
-
4 372
-
pensions
5 709
-
7 861
-
income
6 895
-
14 960
-
total
20 156
-
33 216
-
Employer
71 379
-
98 259
-
accident
642
-
884
-
pensions
5 709
-
7 861
-
health
2 177
-
2 996
-
total
8 528
-
11 741
-
Corporate
30 092
110 000
-
-
income
4 515
16 501
-
-
communal
-
7 425
-
-
surtax
317
1 155
-
-
total
4 832
25 081
-
-
Dividends
25 261
84 919
-
-
withholding
3 788
12 737
-
-
income
13 160
5 468
-
-
total
16 948
18 205
-
-
Income
110 000
110 000
110 000
110 000
Total tax
50 464
43 286
44 957
49 399
After tax
59 536
66 714
65 043
60 601
Living cost
51 223
51 223
51 223
51 223
Free-cash
8 313
15 491
13 820
9 378

Estimated living cost  is ₽51223 per week

₽38425
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3103
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽542
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9151
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45021
₽48020
₽31239
₽33047
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
110 000
other
-
-
-
-
unemployment
-
-
-
215
income
-
-
-
22 752
pensions
-
-
-
22 001
health
-
-
-
7 811
surtax
-
-
-
3 003
total
-
-
-
55 782
Employee
31 742
-
90 872
-
surtax
113
-
2 719
-
unemployment
2 209
-
6 325
-
other
-
-
-
-
health
810
-
2 316
-
pensions
2 118
-
6 062
-
income
5 321
-
21 040
-
total
10 571
-
38 462
-
Employer
31 742
-
90 872
-
other
-
-
-
-
pensions
4 232
-
12 113
-
unemployment
1 007
-
2 880
-
health
1 443
-
4 135
-
total
6 682
-
19 128
-
Corporate
71 575
110 000
-
-
income
18 610
28 599
-
-
total
18 610
28 599
-
-
Dividends
52 966
81 401
-
-
withholding
7 945
12 210
-
-
total
7 945
12 210
-
-
Income
110 000
110 000
110 000
110 000
Total tax
43 808
40 809
57 590
55 782
After tax
66 192
69 191
52 410
54 218
Living cost
21 171
21 171
21 171
21 171
Free-cash
45 021
48 020
31 239
33 047

Estimated living cost  is ₽21171 per week

₽12782
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1841
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6058
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30334
₽32430
₽24331
₽29538
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
110 000
regional
-
-
-
1 659
social contributions
-
-
-
28 292
municipal
-
-
-
653
national
-
-
-
24 467
total
-
-
-
55 071
Employee
52 285
-
110 000
-
national
8 283
-
21 123
-
regional
704
-
1 480
-
municipal
277
-
583
-
social contributions
17 631
-
37 092
-
total
26 895
-
60 278
-
Employer
52 285
-
110 000
-
total
-
-
-
-
Corporate
57 715
110 000
-
-
nationa
13 852
26 399
-
-
municipal
2 869
5 466
-
-
total
16 721
31 865
-
-
Dividends
40 994
78 135
-
-
withholding
10 659
20 314
-
-
total
10 659
20 314
-
-
Income
110 000
110 000
110 000
110 000
Total tax
54 275
52 179
60 278
55 071
After tax
55 725
57 821
49 722
54 929
Living cost
25 391
25 391
25 391
25 391
Free-cash
30 334
32 430
24 331
29 538

Estimated living cost  is ₽25391 per week

₽15791
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2572
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽435
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6593
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36517
₽46829
₽26915
₽24670
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
110 000
social contributions
-
-
-
32 120
income
-
-
-
9 454
health
-
-
-
14 850
solidarity contribution
-
-
-
-
total
-
-
-
56 424
Employee
42 509
-
82 090
-
solidarity contribution
-
-
-
-
health
5 739
-
11 082
-
social contributions
2 763
-
5 336
-
income
5 101
-
9 851
-
total
13 603
-
26 269
-
Employer
42 509
-
82 090
-
social contributions
10 627
-
20 522
-
health
3 826
-
7 388
-
total
14 453
-
27 910
-
Corporate
53 038
110 000
-
-
income
10 077
20 900
-
-
total
10 077
20 900
-
-
Dividends
42 961
89 100
-
-
withholding
6 444
13 365
-
-
total
6 444
13 365
-
-
Income
110 000
110 000
110 000
110 000
Total tax
44 577
34 265
54 179
56 424
After tax
65 423
75 735
55 821
53 576
Living cost
28 906
28 906
28 906
28 906
Free-cash
36 517
46 829
26 915
24 670

Estimated living cost  is ₽28906 per week

₽21497
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1601
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5308
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30961
₽31429
₽1306
₽24521
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
110 000
chamber of commerce
-
-
-
440
unemployment
-
-
-
5 781
income
-
-
-
20 421
pensions
-
-
-
20 350
health
-
-
-
8 416
surtax
-
-
-
-
total
-
-
-
55 408
Employee
41 202
37 562
85 416
-
unemployment
1 236
1 127
2 563
-
other
411
376
855
-
health
1 594
1 454
3 305
-
pensions
4 220
3 846
8 747
-
income
3 670
2 771
18 109
-
total
11 131
9 574
33 579
-
Employer
41 202
37 562
85 416
-
payroll
1 236
1 127
2 563
-
other
1 957
1 783
4 057
-
accident
535
488
1 111
-
pensions
5 171
4 715
10 720
-
unemployment
1 236
1 127
2 563
-
chamber of commerce
165
150
342
-
surtax
-
-
-
-
health
1 558
1 420
3 229
-
total
11 858
10 810
24 585
-
Corporate
56 941
61 627
81 839
-
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.

14 234
15 406
20 459
-
total
14 234
15 406
20 459
-
Dividends
42 706
46 221
-
-
withholding
11 745
12 710
-
-
total
11 745
12 710
-
-
Income
110 000
110 000
110 000
110 000
Total tax
48 968
48 500
78 623
55 408
After tax
61 032
61 500
31 377
54 592
Living cost
30 071
30 071
30 071
30 071
Free-cash
30 961
31 429
1 306
24 521

Estimated living cost  is ₽30071 per week

₽18039
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3071
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽537
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8425
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90294
₽92537
₽76037
₽96937
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
110 000
microenterprise

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

-
-
-
1 100
total
-
-
-
1 100
Employee
14 954
-
110 000
-
income
2 991
-
22 000
-
total
2 991
-
22 000
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

95 046
110 000
-
-
total
-
-
-
-
Dividends
95 046
110 000
-
-
withholding
4 752
5 500
-
-
total
4 752
5 500
-
-
Income
110 000
110 000
110 000
110 000
Total tax
7 743
5 500
22 000
1 100
After tax
102 257
104 500
88 000
108 900
Living cost
11 963
11 963
11 963
11 963
Free-cash
90 294
92 537
76 037
96 937

Estimated living cost  is ₽11963 per week

₽8095
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽502
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽401
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2964
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42569
₽50452
₽27789
₽30940
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
110 000
unemployment
-
-
-
165
income
-
-
-
22 701
pensions
-
-
-
20 089
health
-
-
-
10 823
total
-
-
-
53 778
Employee

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

41 680
-
95 181
-
unemployment
59
-
132
-
health
2 692
-
6 148
-
pensions
6 461
-
14 753
-
income
7 188
-
21 077
-
total
16 400
-
42 110
-
Employer

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

41 680
-
95 181
-
pensions
3 688
-
8 423
-
unemployment
25
-
57
-
health
2 776
-
6 339
-
total
6 489
-
14 819
-
Corporate
61 830
110 000
-
-
income
11 748
20 901
-
-
total
11 748
20 901
-
-
Dividends
50 082
89 099
-
-
withholding
7 512
13 365
-
-
total
7 512
13 365
-
-
Income
110 000
110 000
110 000
110 000
Total tax
42 149
34 266
56 929
53 778
After tax
67 851
75 734
53 071
56 222
Living cost
25 282
25 282
25 282
25 282
Free-cash
42 569
50 452
27 789
30 940

Estimated living cost  is ₽25282 per week

₽17350
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1621
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.
₽5822
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽28753
₽26771
₽57605
₽35866
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
110 000
social contributions
-
-
-
12 540
income
-
-
-
21 441
total
-
-
-
33 981
Employee
57 574
-
-
-
social contributions
4 721
-
673
-
income
12 700
-
-
-
total
17 421
-
673
-
Employer
57 574
-
-
-
social contributions
81 179
-
11 569
-
total
81 179
-
11 569
-
Corporate
-
110 000
-
-
income
-
24 200
-
-
total
-
24 200
-
-
Dividends
-
85 800
-
-
income
-
18 876
-
-
total
-
18 876
-
-
Income
110 000
110 000
110 000
110 000
Total tax
98 600
43 076
12 242
33 981
After tax
11 400
66 924
97 758
76 019
Living cost
40 153
40 153
40 153
40 153
Free-cash
-28 753
26 771
57 605
35 866

Estimated living cost  is ₽40153 per week

₽26053
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3776
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9812
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32054
₽33004
₽24602
₽31201
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
110 000
social contributions

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

-
-
-
38 224
income
-
-
-
11 010
surtax
-
-
-
-
total
-
-
-
49 234
Employee
43 351
-
88 888
-
surtax
-
-
-
-
social contributions
4 769
-
9 777
-
income
9 017
-
24 946
-
total
13 786
-
34 723
-
Employer
43 351
-
88 888
-
social contributions
10 296
-
21 110
-
total
10 296
-
21 110
-
Corporate
56 354
110 000
-
-
income
11 834
23 099
-
-
surtax
-
-
-
-
total
11 834
23 099
-
-
Dividends
44 520
86 901
-
-
withholding
12 465
24 332
-
-
total
12 465
24 332
-
-
Income
110 000
110 000
110 000
110 000
Total tax
48 381
47 431
55 833
49 234
After tax
61 619
62 569
54 167
60 766
Living cost
29 565
29 565
29 565
29 565
Free-cash
32 054
33 004
24 602
31 201

Estimated living cost  is ₽29565 per week

₽22121
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1744
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.
₽5207
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16396
₽9916
₽21141
₽17373
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
110 000
other
-
-
-
3 409
social contributions
-
-
-
3 134
income
-
-
-
12 703
pensions
-
-
-
24 954
health
-
-
-
2 903
surtax
-
-
-
-
total
-
-
-
47 103
Employee
59 034
-
88 237
-
surtax
-
-
-
-
pensions
6 677
-
4 790
-
social contributions
1 681
-
2 513
-
income
5 151
-
14 271
-
total
13 509
-
21 574
-
Employer
59 034
-
88 237
-
other
2 037
-
3 044
-
pensions
9 700
-
8 305
-
unemployment
2 391
-
3 574
-
social contributions
177
-
265
-
health
4 132
-
6 573
-
total
18 437
-
21 761
-
Corporate
32 528
110 000
-
-
income
9 108
30 799
-
-
surtax
-
-
-
-
total
9 108
30 799
-
-
Dividends
23 420
79 201
-
-
withholding
2 998
10 138
-
-
social contributions
4 028
13 623
-
-
surtax
-
-
-
-
total
7 026
23 761
-
-
Income
110 000
110 000
110 000
110 000
Total tax
48 080
54 560
43 335
47 103
After tax
61 920
55 440
66 665
62 897
Living cost
45 524
45 524
45 524
45 524
Free-cash
16 396
9 916
21 141
17 373

Estimated living cost  is ₽45524 per week

₽30810
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.
₽624
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10365
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67501
₽70667
₽57534
₽54609
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
110 000
income
-
-
-
2 857
social contributions
-
-
-
24 201
total
-
-
-
27 058
Employee
30 302
-
95 238
-
social contributions
1 969
-
6 191
-
income
-
-
3 180
-
total
1 969
-
9 371
-
Employer
30 302
-
95 238
-
social contributions
4 697
-
14 762
-
total
4 697
-
14 762
-
Corporate
75 001
110 000
-
-
income
7 500
11 000
-
-
total
7 500
11 000
-
-
Dividends
67 501
99 000
-
-
total
-
-
-
-
Income
110 000
110 000
110 000
110 000
Total tax
14 166
11 000
24 133
27 058
After tax
95 834
99 000
85 867
82 942
Living cost
28 333
28 333
28 333
28 333
Free-cash
67 501
70 667
57 534
54 609

Estimated living cost  is ₽28333 per week

₽18320
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2136
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽533
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7344
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽95106
-₽95106
-₽95106
₽21948
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
110 000
pensions
-
-
-
816
municipal
-
-
-
21 256
labour market
-
-
-
8 735
national
-
-
-
11 908
total
-
-
-
42 715
Employee
191 357
191 357
191 357
-
national
23 378
23 378
23 378
-
municipal
40 748
40 748
40 748
-
labour market
15 287
15 287
15 287
-
pensions
272
272
272
-
total
79 685
79 685
79 685
-
Employer
191 357
191 357
191 357
-
municipal
40 813
40 813
40 813
-
pensions
544
544
544
-
national
23 418
23 418
23 418
-
labour market
15 309
15 309
15 309
-
total
80 084
80 084
80 084
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
110 000
110 000
110 000
110 000
Total tax
159 769
159 769
159 769
42 715
After tax
-49 769
-49 769
-49 769
67 285
Living cost
45 337
45 337
45 337
45 337
Free-cash
-95 106
-95 106
-95 106
21 948

Estimated living cost  is ₽45337 per week

₽31029
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4011
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽697
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9600
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5710
-₽11945
₽36806
₽54556
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
110 000
other
-
-
-
357
income
-
-
-
27 888
pensions
-
-
-
4 003
accident
-
-
-
243
health
-
-
-
2 098
total
-
-
-
34 589
Employee
32 806
-
95 467
-
health
3 756
-
10 931
-
pensions
3 694
-
7 340
-
income
4 501
-
19 535
-
total
11 951
-
37 806
-
Employer
32 806
-
95 467
-
accident
548
-
1 594
-
pensions
5 334
-
10 600
-
unemployment
804
-
2 339
-
total
6 686
-
14 533
-
Corporate
70 508
110 000
-
-
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.

63 458
99 000
-
-
total
63 458
99 000
-
-
Dividends
7 051
11 000
-
-
withholding
1 340
2 090
-
-
total
1 340
2 090
-
-
Income
110 000
110 000
110 000
110 000
Total tax
83 435
101 090
52 339
34 589
After tax
26 565
8 910
57 661
75 411
Living cost
20 855
20 855
20 855
20 855
Free-cash
5 710
-11 945
36 806
54 556

Estimated living cost  is ₽20855 per week

₽15180
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1189
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽391
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4094
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35328
₽35748
₽25081
₽40162
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
110 000
municipal
-
-
-
19 566
national
-
-
-
12 785
health
-
-
-
1 300
total
-
-
-
33 651
Employee
49 590
-
92 539
-
national
819
-
7 508
-
unemployment
744
-
1 388
-
health
370
-
1 032
-
municipal
8 122
-
15 097
-
pensions
3 347
-
6 246
-
total
13 402
-
31 271
-
Employer
49 590
-
92 539
-
accident
50
-
93
-
pensions
8 604
-
16 055
-
unemployment
322
-
601
-
health
381
-
712
-
total
9 357
-
17 461
-
Corporate
51 053
110 000
-
-
income
10 210
22 001
-
-
total
10 210
22 001
-
-
Dividends

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

30 633
65 999
-
-
municipal
5 515
11 880
-
-
national
-
4 184
-
-
total
5 515
16 064
-
-
Income
110 000
110 000
110 000
110 000
Total tax
38 484
38 065
48 732
33 651
After tax
71 516
71 935
61 268
76 349
Living cost
36 188
36 188
36 188
36 188
Free-cash
35 328
35 748
25 081
40 162

Estimated living cost  is ₽36188 per week

₽23638
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3481
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽576
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8494
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53476
₽58605
₽54193
₽55399
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
110 000
social contributions
-
-
-
15 250
income
-
-
-
14 723
health
-
-
-
2 805
total
-
-
-
32 778
Employee
72 479
72 479
100 035
-
health
562
1 232
1 701
-
social contributions
2 740
6 015
8 113
-
income
7 892
6 709
14 206
-
total
11 194
13 956
24 020
-
Employer
72 479
72 479
100 035
-
social contributions
2 740
6 015
8 113
-
health
610
1 342
1 851
-
total
3 350
7 357
9 964
-
Corporate
73 633
30 165
-
-
income
9 205
3 771
-
-
total
9 205
3 771
-
-
Dividends
64 429
26 394
-
-
withholding
10 952
4 488
-
-
total
10 952
4 488
-
-
Income
110 000
110 000
110 000
110 000
Total tax
34 701
29 572
33 984
32 778
After tax
75 299
80 428
76 016
77 222
Living cost
21 823
21 823
21 823
21 823
Free-cash
53 476
58 605
54 193
55 399

Estimated living cost  is ₽21823 per week

₽13079
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2141
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6121
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71332
₽76125
₽55966
₽74872
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
110 000
unemployment
-
-
-
27
income
-
-
-
10 729
pensions
-
-
-
5 996
health
-
-
-
3 411
total
-
-
-
20 163
Employee

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

21 635
-
100 788
-
unemployment
107
-
447
-
health
1 839
-
7 602
-
pensions
3 245
-
13 415
-
income
1 479
-
8 393
-
total
6 670
-
29 857
-
Employer

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

21 635
-
100 788
-
pensions
1 189
-
4 919
-
unemployment
107
-
447
-
health
930
-
3 846
-
total
2 226
-
9 212
-
Corporate
86 138
110 000
-
-
income
7 752
9 900
-
-
total
7 752
9 900
-
-
Dividends
78 386
100 100
-
-
withholding
7 055
9 010
-
-
total
7 055
9 010
-
-
Income
110 000
110 000
110 000
110 000
Total tax
23 703
18 910
39 069
20 163
After tax
86 297
91 090
70 931
89 837
Living cost
14 965
14 965
14 965
14 965
Free-cash
71 332
76 125
55 966
74 872

Estimated living cost  is ₽14965 per week

₽9548
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1079
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽445
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3892
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43220
₽48078
₽30979
₽34558
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
110 000
other
-
-
-
88
unemployment
-
-
-
612
income
-
-
-
23 313
pensions
-
-
-
24 723
accident
-
-
-
787
total
-
-
-
49 523
Employee
34 852
-
83 409
-
unemployment
540
-
1 293
-
other
34
-
84
-
pensions
1 638
-
3 921
-
income
6 719
-
21 213
-
total
8 931
-
26 511
-
Employer
34 852
-
83 409
-
other
279
-
667
-
accident
690
-
1 651
-
pensions
8 224
-
19 685
-
unemployment
1 917
-
4 588
-
total
11 110
-
26 591
-
Corporate
64 037
110 000
-
-
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.

9 605
16 501
-
-
total
9 605
16 501
-
-
Dividends
54 431
93 499
-
-
withholding
11 215
19 502
-
-
total
11 215
19 502
-
-
Income
110 000
110 000
110 000
110 000
Total tax
40 861
36 003
53 102
49 523
After tax
69 139
73 997
56 898
60 477
Living cost
25 919
25 919
25 919
25 919
Free-cash
43 220
48 078
30 979
34 558

Estimated living cost  is ₽25919 per week

₽17495
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2492
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽454
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5479
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66560
₽66853
₽68536
₽68664
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
110 000
income
-
-
-
37 301
pensions
-
-
-
1 303
health
-
-
-
945
total
-
-
-
39 549
Employee
2 722
-
108 534
-
unemployment
27
-
65
-
health
136
-
326
-
pensions
245
-
587
-
income
526
-
37 233
-
total
934
-
38 211
-
Employer
2 722
-
108 534
-
pensions
299
-
717
-
unemployment
54
-
130
-
health
259
-
619
-
total
612
-
1 466
-
Corporate
106 666
110 000
-
-
income
23 467
24 200
-
-
total
23 467
24 200
-
-
Dividends
83 200
85 800
-
-
withholding
16 640
17 160
-
-
total
16 640
17 160
-
-
Income
110 000
110 000
110 000
110 000
Total tax
41 653
41 360
39 677
39 549
After tax
68 347
68 640
70 323
70 451
Living cost
1 787
1 787
1 787
1 787
Free-cash
66 560
66 853
68 536
68 664

Estimated living cost  is ₽1787 per week

₽1062
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽145
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽41
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽539
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58582
₽63209
₽43889
₽43887
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
110 000
unemployment
-
-
-
1 043
income
-
-
-
23 571
pensions
-
-
-
18 073
health
-
-
-
7 160
total
-
-
-
49 847
Employee

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

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

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

24 528
-
97 558
-
unemployment
184
-
521
-
health
1 263
-
3 580
-
pensions
3 434
-
9 731
-
income
3 381
-
23 571
-
total
8 262
-
37 403
-
Employer

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

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

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

24 528
-
97 558
-
pensions
2 943
-
8 341
-
unemployment
184
-
521
-
health
1 263
-
3 580
-
total
4 390
-
12 442
-
Corporate
81 082
110 000
-
-
income
12 162
16 500
-
-
total
12 162
16 500
-
-
Dividends
68 920
93 500
-
-
withholding
10 338
14 025
-
-
total
10 338
14 025
-
-
Income
110 000
110 000
110 000
110 000
Total tax
35 152
30 525
49 845
49 847
After tax
74 848
79 475
60 155
60 153
Living cost
16 266
16 266
16 266
16 266
Free-cash
58 582
63 209
43 889
43 887

Estimated living cost  is ₽16266 per week

₽10952
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1258
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3585
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36816
₽37158
₽28756
₽35355
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
110 000
social contributions

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

-
-
-
38 224
income
-
-
-
11 010
surtax
-
-
-
-
total
-
-
-
49 234
Employee
36 583
-
88 888
-
surtax
-
-
-
-
social contributions
4 025
-
9 777
-
income
7 148
-
24 946
-
total
11 173
-
34 723
-
Employer
36 583
-
88 888
-
social contributions
8 688
-
21 110
-
total
8 688
-
21 110
-
Corporate
64 729
110 000
-
-
income
13 594
23 099
-
-
surtax
-
-
-
-
total
13 594
23 099
-
-
Dividends
51 135
86 901
-
-
withholding
14 318
24 332
-
-
total
14 318
24 332
-
-
Income
110 000
110 000
110 000
110 000
Total tax
47 773
47 431
55 833
49 234
After tax
62 227
62 569
54 167
60 766
Living cost
25 411
25 411
25 411
25 411
Free-cash
36 816
37 158
28 756
35 355

Estimated living cost  is ₽25411 per week

₽17998
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1765
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5198
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33765
₽40871
₽23772
₽27351
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
110 000
other
-
-
-
88
unemployment
-
-
-
612
income
-
-
-
23 313
pensions
-
-
-
24 723
accident
-
-
-
787
total
-
-
-
49 523
Employee
45 521
-
83 409
-
unemployment
705
-
1 293
-
other
45
-
84
-
pensions
2 139
-
3 921
-
income
9 508
-
21 213
-
total
12 397
-
26 511
-
Employer
45 521
-
83 409
-
other
365
-
667
-
accident
901
-
1 651
-
pensions
10 743
-
19 685
-
unemployment
2 504
-
4 588
-
total
14 513
-
26 591
-
Corporate
49 965
110 000
-
-
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.

7 495
16 501
-
-
total
7 495
16 501
-
-
Dividends
42 471
93 499
-
-
withholding
8 704
19 502
-
-
total
8 704
19 502
-
-
Income
110 000
110 000
110 000
110 000
Total tax
43 109
36 003
53 102
49 523
After tax
66 891
73 997
56 898
60 477
Living cost
33 126
33 126
33 126
33 126
Free-cash
33 765
40 871
23 772
27 351

Estimated living cost  is ₽33126 per week

₽23790
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2576
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽467
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6294
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72108
₽77848
₽72226
₽68514
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
110 000
unemployment
-
-
-
132
income
-
-
-
16 500
pensions

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

-
-
-
4 869
health
-
-
-
3 783
total
-
-
-
25 284
Employee
21 454
-
103 545
-
accident

We are using the highest rate at 1.1%.

236
-
362
-
health
987
-
1 513
-
pensions

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

1 883
-
2 889
-
income
2 146
-
10 354
-
total
5 252
-
15 118
-
Employer
21 454
-
103 545
-
accident

We are using the highest rate at 1.1%.

236
-
362
-
pensions

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

2 364
-
3 625
-
unemployment
129
-
197
-
health
1 480
-
2 270
-
total
4 209
-
6 454
-
Corporate
84 336
110 000
-
-
income
8 434
11 000
-
-
total
8 434
11 000
-
-
Dividends
75 902
99 000
-
-
withholding
3 795
4 950
-
-
total
3 795
4 950
-
-
Income
110 000
110 000
110 000
110 000
Total tax
21 690
15 950
21 572
25 284
After tax
88 310
94 050
88 428
84 716
Living cost
16 202
16 202
16 202
16 202
Free-cash
72 108
77 848
72 226
68 514

Estimated living cost  is ₽16202 per week

₽10716
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽928
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽387
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4173
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32644
₽20314
₽37854
₽28358
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
110 000
trade
-
-
-
9 496
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.

-
-
-
27 789
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.

-
-
-
6 439
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.

-
-
-
1 528
total
-
-
-
45 252
Employee

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

46 898
-
110 000
-
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.

213
-
1 528
-
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.

6 439
-
6 439
-
income

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

3 856
-
27 789
-
total
10 508
-
35 756
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
63 102
110 000
-
-
trade
9 054
15 785
-
-
income
9 466
16 501
-
-
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.

521
907
-
-
chamber of commerce
236
304
-
-
total
19 277
33 497
-
-
Dividends
43 825
76 503
-
-
withholding
10 598
18 767
-
-
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.

583
1 032
-
-
total
11 181
19 799
-
-
Income
110 000
110 000
110 000
110 000
Total tax
40 966
53 296
35 756
45 252
After tax
69 034
56 704
74 244
64 748
Living cost
36 390
36 390
36 390
36 390
Free-cash
32 644
20 314
37 854
28 358

Estimated living cost  is ₽36390 per week

₽25102
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3915
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.
₽6844
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25389
₽23308
₽17774
₽17774
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
110 000
social contributions
-
-
-
10 114
income
-
-
-
28 420
total
-
-
-
38 534
Employee
73 729
-
110 000
-
social contributions
6 125
-
10 114
-
income
13 912
-
28 420
-
total
20 037
-
38 534
-
Employer
73 729
-
110 000
-
total
-
-
-
-
Corporate
36 271
110 000
-
-
income
4 534
13 750
-
-
total
4 534
13 750
-
-
Dividends
31 736
96 250
-
-
withholding
6 348
19 250
-
-
total
6 348
19 250
-
-
Income
110 000
110 000
110 000
110 000
Total tax
30 919
33 000
38 534
38 534
After tax
79 081
77 000
71 466
71 466
Living cost
53 692
53 692
53 692
53 692
Free-cash
25 389
23 308
17 774
17 774

Estimated living cost  is ₽53692 per week

₽40848
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4375
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7956
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35598
₽32305
₽46817
₽43224
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
110 000
health

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

-
-
-
5 731
income
-
-
-
26 830
total
-
-
-
32 561
Employee
43 239
-
105 664
-
social contributions
4 332
-
4 336
-
income
4 692
-
20 296
-
total
9 024
-
24 632
-
Employer
43 239
-
105 664
-
social contributions
4 332
-
4 336
-
total
4 332
-
4 336
-
Corporate
62 429
110 000
-
-
income
21 851
38 500
-
-
total
21 851
38 500
-
-
Dividends
40 578
71 500
-
-
social contributions
4 980
4 980
-
-
total
4 980
4 980
-
-
Income
110 000
110 000
110 000
110 000
Total tax
40 187
43 480
28 968
32 561
After tax
69 813
66 520
81 032
77 439
Living cost
34 215
34 215
34 215
34 215
Free-cash
35 598
32 305
46 817
43 224

Estimated living cost  is ₽34215 per week

₽22537
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2697
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8455
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42823
₽43346
₽32303
₽42552
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
110 000
income
-
-
-
25 810
pensions
-
-
-
7 266
total
-
-
-
33 076
Employee
47 180
-
96 582
-
health
615
-
1 606
-
pensions
3 601
-
9 324
-
income
8 592
-
18 977
-
total
12 808
-
29 907
-
Employer
47 180
-
96 582
-
pensions
4 767
-
11 584
-
health
897
-
1 834
-
total
5 664
-
13 418
-
Corporate
57 157
110 000
-
-
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.

10 860
20 901
-
-
total
10 860
20 901
-
-
Dividends
46 297
89 099
-
-
withholding
3 473
11 381
-
-
total
3 473
11 381
-
-
Income
110 000
110 000
110 000
110 000
Total tax
32 805
32 282
43 325
33 076
After tax
77 195
77 718
66 675
76 924
Living cost
34 372
34 372
34 372
34 372
Free-cash
42 823
43 346
32 303
42 552

Estimated living cost  is ₽34372 per week

₽23579
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3161
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽430
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7200
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽5395
-₽14009
₽34742
₽52492
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
110 000
other
-
-
-
357
income
-
-
-
27 888
pensions
-
-
-
4 003
accident
-
-
-
243
health
-
-
-
2 098
total
-
-
-
34 589
Employee
36 053
-
95 467
-
health
4 128
-
10 931
-
pensions
4 060
-
7 340
-
income
4 946
-
19 535
-
total
13 134
-
37 806
-
Employer
36 053
-
95 467
-
accident
602
-
1 594
-
pensions
5 862
-
10 600
-
unemployment
883
-
2 339
-
total
7 347
-
14 533
-
Corporate
66 600
110 000
-
-
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.

59 940
99 000
-
-
total
59 940
99 000
-
-
Dividends
6 660
11 000
-
-
withholding
1 265
2 090
-
-
total
1 265
2 090
-
-
Income
110 000
110 000
110 000
110 000
Total tax
81 686
101 090
52 339
34 589
After tax
28 314
8 910
57 661
75 411
Living cost
22 919
22 919
22 919
22 919
Free-cash
5 395
-14 009
34 742
52 492

Estimated living cost  is ₽22919 per week

₽16820
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1336
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4302
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Poland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should use a business incubator or set up a company and hire themselves as an employee.

Source of data for Warsaw model

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Skopje , Macedonia
₽75419
₽79831
₽59247
₽49728
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
110 000
unemployment
-
-
-
1 320
income
-
-
-
17 288
pensions
-
-
-
20 240
health insurance
-
-
-
8 140
work injury
-
-
-
550
total
-
-
-
47 538
Employee

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

20 375
-
110 000
-
health insurance
1 508
-
5 578
-
unemployment
245
-
905
-
work injury
102
-
377
-
pensions
3 749
-
13 871
-
income
2 038
-
17 288
-
total
7 642
-
38 019
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
89 625
110 000
-
-
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%.

896
1 100
-
-
total
896
1 100
-
-
Dividends
88 729
108 900
-
-
withholding
13 309
16 335
-
-
total
13 309
16 335
-
-
Income
110 000
110 000
110 000
110 000
Total tax
21 847
17 435
38 019
47 538
After tax
88 153
92 565
71 981
62 462
Living cost
12 734
12 734
12 734
12 734
Free-cash
75 419
79 831
59 247
49 728

Estimated living cost  is ₽12734 per week

₽7889
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽925
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽397
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3523
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

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Rome , Italy
₽16105
₽20393
₽11585
₽16615
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
110 000
regional
-
-
-
2 342
social contributions
-
-
-
28 292
municipal
-
-
-
735
national
-
-
-
24 467
total
-
-
-
55 836
Employee
79 426
-
110 000
-
national
13 422
-
21 123
-
regional
1 199
-
1 995
-
municipal
474
-
656
-
social contributions
26 782
-
37 092
-
total
41 877
-
60 866
-
Employer
79 426
-
110 000
-
total
-
-
-
-
Corporate
30 574
110 000
-
-
nationa
7 337
26 399
-
-
municipal
1 474
5 302
-
-
total
8 811
31 701
-
-
Dividends
21 763
78 299
-
-
withholding
5 658
20 357
-
-
total
5 658
20 357
-
-
Income
110 000
110 000
110 000
110 000
Total tax
56 346
52 058
60 866
55 836
After tax
53 654
57 942
49 134
54 164
Living cost
37 549
37 549
37 549
37 549
Free-cash
16 105
20 393
11 585
16 615

Estimated living cost  is ₽37549 per week

₽26376
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2583
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽567
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8022
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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