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
₽35399
₽27440
₽37713
₽45924
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 344
trade
-
-
-
10 525
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.

-
-
-
1 544
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.

-
-
-
28 062
total
-
-
-
46 475
Employee

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

35 517
-
110 000
-
health

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

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

6 344
-
6 344
-
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
-
1 544
-
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.

992
-
28 062
-
total
7 391
-
35 950
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
74 483
110 000
-
-
trade
11 731
17 326
-
-
chamber of commerce
248
300
-
-
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.

615
908
-
-
income
11 172
16 499
-
-
total
23 766
35 033
-
-
Dividends
50 717
74 968
-
-
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.

678
1 011
-
-
withholding
12 326
18 390
-
-
total
13 004
19 401
-
-
Income
110 000
110 000
110 000
110 000
Total tax
44 161
54 434
35 950
46 475
After tax
65 839
55 566
74 050
63 525
Living cost
28 126
28 126
28 126
28 126
Free-cash
37 713
27 440
45 924
35 399

Estimated living cost  is ₽28126 per week

₽17692
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3279
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6629
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17335
₽20017
₽19208
₽18198
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
11 633
social contributions
-
-
-
1 183
national
-
-
-
18 026
pensions
-
-
-
13 200
total
-
-
-
44 042
Employee
75 375
-
95 094
-
pensions
3 015
-
3 804
-
national
14 427
-
18 686
-
municipal
9 310
-
12 059
-
total
26 752
-
34 549
-
Employer
75 375
-
95 094
-
pensions
6 030
-
7 608
-
social contributions
810
-
1 022
-
total
6 840
-
8 630
-
Corporate
22 811
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%.

4 562
22 000
-
-
total
4 562
22 000
-
-
Dividends
18 248
88 000
-
-
withholding
4 015
19 360
-
-
total
4 015
19 360
-
-
Income
110 000
110 000
110 000
110 000
Total tax
42 169
41 360
43 179
44 042
After tax
67 831
68 640
66 821
65 958
Living cost
48 623
48 623
48 623
48 623
Free-cash
19 208
20 017
18 198
17 335

Estimated living cost  is ₽48623 per week

₽33048
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4520
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽728
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10327
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39208
₽68680
₽61065
₽42491
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
35 365
income
-
-
-
16 109
microenterprise
-
-
-
-
surtax
-
-
-
-
total
-
-
-
51 474
Employee
27 134
-
88 644
-
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.

2 985
-
9 750
-
income
4 830
-
17 087
-
total
7 815
-
26 837
-
Employer
27 134
-
88 644
-
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.

6 536
-
21 354
-
total
6 536
-
21 354
-
Corporate
76 330
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%.

15 266
22 001
-
-
total
15 266
22 001
-
-
Dividends

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

61 065
87 999
-
-
total
-
-
-
-
Income
110 000
110 000
110 000
110 000
Total tax
29 617
22 001
48 191
51 474
After tax
80 383
87 999
61 809
58 526
Living cost
19 318
19 318
19 318
19 318
Free-cash
61 065
68 680
42 491
39 208

Estimated living cost  is ₽19318 per week

₽12325
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1840
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽439
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4716
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24092
₽14761
₽9073
₽19681
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
11 451
pensions
-
-
-
10 880
income
-
-
-
24 677
total
-
-
-
47 008
Employee
79 297
79 297
93 610
-
health
12 171
10 353
11 169
-
pensions
14 274
10 880
10 880
-
income

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

12 980
12 980
12 980
-
total
39 425
34 213
35 029
-
Employer
79 297
79 297
93 610
-
health
5 512
5 512
6 506
-
pensions
5 519
5 519
6 515
-
unemployment
2 855
2 855
3 369
-
total
13 886
13 886
16 390
-
Corporate
17 790
16 817
-
-
income
3 558
3 364
-
-
total
3 558
3 364
-
-
Dividends
14 232
13 453
-
-
income
3 024
2 858
-
-
withholding
2 134
2 018
-
-
total
5 158
4 876
-
-
Income
110 000
110 000
110 000
110 000
Total tax
62 027
56 339
51 419
47 008
After tax
47 973
53 661
58 581
62 992
Living cost
38 900
38 900
38 900
38 900
Free-cash
9 073
14 761
19 681
24 092

Estimated living cost  is ₽38900 per week

₽27567
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3507
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽619
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7207
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20426
₽21625
₽20762
₽19474
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
5 256
accident
-
-
-
168
other
-
-
-
9 788
municipal
-
-
-
25 525
pensions
-
-
-
9 106
national
-
-
-
1 212
unemployment
-
-
-
84
total
-
-
-
51 139
Employee
54 766
-
83 701
-
national
-
-
833
-
municipal
16 331
-
24 960
-
total
16 331
-
25 793
-
Employer
54 766
-
83 701
-
health
3 368
-
5 147
-
accident
110
-
167
-
pensions
5 920
-
9 048
-
other
6 364
-
9 726
-
unemployment
1 446
-
2 210
-
total
17 208
-
26 298
-
Corporate
38 026
110 000
-
-
income
8 366
24 200
-
-
total
8 366
24 200
-
-
Dividends
29 660
85 800
-
-
withholding
8 898
25 740
-
-
total
8 898
25 740
-
-
Income
110 000
110 000
110 000
110 000
Total tax
50 803
49 940
52 091
51 139
After tax
59 197
60 060
57 909
58 861
Living cost
38 435
38 435
38 435
38 435
Free-cash
20 762
21 625
19 474
20 426

Estimated living cost  is ₽38435 per week

₽25473
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3772
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8607
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26579
₽18521
₽31569
₽37571
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 344
trade
-
-
-
10 992
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.

-
-
-
1 544
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.

-
-
-
28 062
total
-
-
-
46 942
Employee

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

47 090
-
110 000
-
health

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

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

6 344
-
6 344
-
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.

222
-
1 544
-
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.

4 046
-
28 062
-
total
10 612
-
35 950
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
62 910
110 000
-
-
trade
10 349
18 096
-
-
chamber of commerce
231
298
-
-
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.

520
908
-
-
income
9 436
16 499
-
-
total
20 536
35 801
-
-
Dividends
42 373
74 200
-
-
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.

564
1 001
-
-
withholding
10 240
18 198
-
-
total
10 804
19 199
-
-
Income
110 000
110 000
110 000
110 000
Total tax
41 952
55 000
35 950
46 942
After tax
68 048
55 000
74 050
63 058
Living cost
36 479
36 479
36 479
36 479
Free-cash
31 569
18 521
37 571
26 579

Estimated living cost  is ₽36479 per week

₽24397
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3847
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7690
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47070
₽50301
₽46450
₽45874
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
2 805
social contributions
-
-
-
15 024
income
-
-
-
14 982
total
-
-
-
32 811
Employee
71 404
71 404
100 155
-
health
710
1 214
1 702
-
social contributions
3 470
5 926
7 993
-
income
7 498
6 610
14 467
-
total
11 678
13 750
24 162
-
Employer
71 404
71 404
100 155
-
health
774
1 322
1 852
-
social contributions
3 470
5 926
7 993
-
total
4 244
7 248
9 845
-
Corporate
63 960
31 349
-
-
income
7 995
3 919
-
-
total
7 995
3 919
-
-
Dividends
55 965
27 429
-
-
withholding
9 514
4 663
-
-
total
9 514
4 663
-
-
Income
110 000
110 000
110 000
110 000
Total tax
33 431
29 580
34 007
32 811
After tax
76 569
80 420
75 993
77 189
Living cost
30 119
30 119
30 119
30 119
Free-cash
46 450
50 301
45 874
47 070

Estimated living cost  is ₽30119 per week

₽20589
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2352
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽506
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6672
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59347
₽45049
₽45401
₽46912
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
7 700
pensions
-
-
-
11 000
unemployment
-
-
-
1 650
income
-
-
-
13 448
total
-
-
-
33 798
Employee

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

The minimum wage is 138,000 HUF per month.

24 330
9 683
92 050
-
health
1 703
678
6 444
-
pensions
2 433
968
9 205
-
unemployment
365
145
1 381
-
income
2 974
1 184
11 253
-
total
7 475
2 975
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.

24 330
9 683
92 050
-
pensions
4 744
1 888
17 950
-
total
4 744
1 888
17 950
-
Corporate
80 926
98 429
-
-
income
7 283
8 859
-
-
total
7 283
8 859
-
-
Dividends
73 642
89 570
-
-
social contributions
14 250
17 356
-
-
withholding
13 992
17 018
-
-
total
28 242
34 374
-
-
Income
110 000
110 000
110 000
110 000
Total tax
47 744
48 096
46 233
33 798
After tax
62 256
61 904
63 767
76 202
Living cost
16 855
16 855
16 855
16 855
Free-cash
45 401
45 049
46 912
59 347

Estimated living cost  is ₽16855 per week

₽11502
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1379
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽337
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3637
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36530
₽65570
₽59803
₽40973
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
14 300
pensions
-
-
-
22 001
income
-
-
-
14 740
total
-
-
-
51 041
Employee
26 342
-
82 212
-
pensions
527
-
1 644
-
unemployment
421
-
1 315
-
income
2 966
-
15 851
-
total
3 914
-
18 810
-
Employer
26 342
-
82 212
-
health
3 424
-
10 688
-
pensions
5 269
-
16 443
-
unemployment
211
-
657
-
total
8 904
-
27 788
-
Corporate
74 753
110 000
-
-
income
14 950
22 001
-
-
total
14 950
22 001
-
-
Dividends
59 803
87 999
-
-
total
-
-
-
-
Income
110 000
110 000
110 000
110 000
Total tax
27 768
22 001
46 598
51 041
After tax
82 232
87 999
63 402
58 959
Living cost
22 429
22 429
22 429
22 429
Free-cash
59 803
65 570
40 973
36 530

Estimated living cost  is ₽22429 per week

₽15384
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.
₽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.
₽5258
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54924
-₽11556
₽5771
₽37392
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
2 029
accident
-
-
-
235
other
-
-
-
345
pensions
-
-
-
3 871
income
-
-
-
28 130
total
-
-
-
34 610
Employee
32 195
-
95 803
-
health
3 686
-
10 970
-
pensions
3 625
-
7 097
-
income
4 417
-
19 879
-
total
11 728
-
37 946
-
Employer
32 195
-
95 803
-
accident
537
-
1 600
-
pensions
5 235
-
10 249
-
unemployment
789
-
2 347
-
total
6 561
-
14 196
-
Corporate
71 244
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.

64 120
99 000
-
-
total
64 120
99 000
-
-
Dividends
7 124
11 000
-
-
withholding
1 354
2 090
-
-
total
1 354
2 090
-
-
Income
110 000
110 000
110 000
110 000
Total tax
83 763
101 090
52 142
34 610
After tax
26 237
8 910
57 858
75 390
Living cost
20 466
20 466
20 466
20 466
Free-cash
5 771
-11 556
37 392
54 924

Estimated living cost  is ₽20466 per week

₽15000
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1134
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽427
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3906
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽101242
₽96842
₽95407
₽80342
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 572
-
110 000
-
income
1 914
-
22 000
-
total
1 914
-
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%.

100 428
110 000
-
-
total
-
-
-
-
Dividends
100 428
110 000
-
-
withholding
5 021
5 500
-
-
total
5 021
5 500
-
-
Income
110 000
110 000
110 000
110 000
Total tax
6 935
5 500
22 000
1 100
After tax
103 065
104 500
88 000
108 900
Living cost
7 658
7 658
7 658
7 658
Free-cash
95 407
96 842
80 342
101 242

Estimated living cost  is ₽7658 per week

₽4746
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽637
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽210
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2065
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34337
₽56074
₽49803
₽38886
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
4 841
other
-
-
-
5 225
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.

-
-
-
26 399
income
-
-
-
14 455
total
-
-
-
50 920
Employee
33 716
-
87 858
-
health
472
-
1 230
-
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.

2 360
-
6 150
-
unemployment
337
-
879
-
income
5 805
-
15 971
-
total
8 974
-
24 230
-
Employer
33 716
-
87 858
-
health
472
-
1 230
-
accident
270
-
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.

5 732
-
14 936
-
other
1 686
-
4 393
-
unemployment
337
-
879
-
total
8 497
-
22 141
-
Corporate
67 787
110 000
-
-
income
14 235
23 100
-
-
total
14 235
23 100
-
-
Dividends
53 552
86 900
-
-
withholding
3 748
6 083
-
-
total
3 748
6 083
-
-
Income
110 000
110 000
110 000
110 000
Total tax
35 454
29 183
46 371
50 920
After tax
74 546
80 817
63 629
59 080
Living cost
24 743
24 743
24 743
24 743
Free-cash
49 803
56 074
38 886
34 337

Estimated living cost  is ₽24743 per week

₽17482
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1671
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽398
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5191
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15132
₽15917
₽7962
₽4884
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 256
income
-
-
-
25 841
total
-
-
-
33 097
Employee
87 396
-
96 579
-
health
1 440
-
1 605
-
pensions
8 431
-
9 310
-
income
15 754
-
19 009
-
total
25 625
-
29 924
-
Employer
87 396
-
96 579
-
health
1 660
-
1 835
-
pensions
10 319
-
11 586
-
total
11 979
-
13 421
-
Corporate
10 625
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.

2 018
20 900
-
-
total
2 018
20 900
-
-
Dividends
8 607
89 100
-
-
withholding
645
11 412
-
-
total
645
11 412
-
-
Income
110 000
110 000
110 000
110 000
Total tax
40 267
32 312
43 345
33 097
After tax
69 733
77 688
66 655
76 903
Living cost
61 771
61 771
61 771
61 771
Free-cash
7 962
15 917
4 884
15 132

Estimated living cost  is ₽61771 per week

₽46286
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7258
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽502
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7726
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽72711
₽81902
₽77600
₽76451
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 722
pensions

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

-
-
-
4 790
unemployment
-
-
-
129
income
-
-
-
16 500
total
-
-
-
25 141
Employee
16 086
-
103 650
-
health
740
-
1 489
-
accident

We are using the highest rate at 1.1%.

177
-
356
-
pensions

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

1 412
-
2 842
-
income
1 608
-
10 365
-
total
3 937
-
15 052
-
Employer
16 086
-
103 650
-
health
1 110
-
2 233
-
accident

We are using the highest rate at 1.1%.

177
-
356
-
pensions

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

1 773
-
3 566
-
unemployment
96
-
194
-
total
3 156
-
6 349
-
Corporate
90 758
110 000
-
-
income
9 075
11 000
-
-
total
9 075
11 000
-
-
Dividends
81 682
99 000
-
-
withholding
4 084
4 950
-
-
total
4 084
4 950
-
-
Income
110 000
110 000
110 000
110 000
Total tax
20 252
15 950
21 401
25 141
After tax
89 748
94 050
88 599
84 859
Living cost
12 148
12 148
12 148
12 148
Free-cash
77 600
81 902
76 451
72 711

Estimated living cost  is ₽12148 per week

₽7092
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽868
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽322
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3867
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11501
₽2170
₽4506
₽7090
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
11 451
pensions
-
-
-
10 880
income
-
-
-
24 677
total
-
-
-
47 008
Employee
86 091
79 297
93 610
-
health
10 740
10 353
11 169
-
pensions
10 880
10 880
10 880
-
income

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

12 980
12 980
12 980
-
total
34 600
34 213
35 029
-
Employer
86 091
79 297
93 610
-
health
5 983
5 512
6 506
-
pensions
5 991
5 519
6 515
-
unemployment
3 100
2 855
3 369
-
total
15 074
13 886
16 390
-
Corporate
8 835
16 817
-
-
income
1 767
3 364
-
-
total
1 767
3 364
-
-
Dividends
7 068
13 453
-
-
income
1 501
2 858
-
-
withholding
1 061
2 018
-
-
total
2 562
4 876
-
-
Income
110 000
110 000
110 000
110 000
Total tax
54 003
56 339
51 419
47 008
After tax
55 997
53 661
58 581
62 992
Living cost
51 491
51 491
51 491
51 491
Free-cash
4 506
2 170
7 090
11 501

Estimated living cost  is ₽51491 per week

₽37983
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4599
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.
₽8319
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30737
₽52897
₽44750
₽32983
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
14 850
social contributions
-
-
-
32 120
solidarity contribution
-
-
-
-
income
-
-
-
9 455
total
-
-
-
56 425
Employee
33 586
-
82 090
-
health
4 534
-
11 082
-
solidarity contribution
-
-
-
-
social contributions
2 183
-
5 336
-
income
4 030
-
9 851
-
total
10 747
-
26 269
-
Employer
33 586
-
82 090
-
health
3 023
-
7 388
-
social contributions
8 396
-
20 522
-
total
11 419
-
27 910
-
Corporate
64 995
110 000
-
-
income
12 349
20 900
-
-
total
12 349
20 900
-
-
Dividends
52 646
89 100
-
-
withholding
7 897
13 365
-
-
total
7 897
13 365
-
-
Income
110 000
110 000
110 000
110 000
Total tax
42 412
34 265
54 179
56 425
After tax
67 588
75 735
55 821
53 575
Living cost
22 838
22 838
22 838
22 838
Free-cash
44 750
52 897
32 983
30 737

Estimated living cost  is ₽22838 per week

₽15864
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1625
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4901
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16062
₽19504
₽14657
₽10830
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 244
municipal
-
-
-
654
social contributions
-
-
-
28 292
national
-
-
-
24 565
total
-
-
-
54 755
Employee
82 527
-
110 000
-
regional
779
-
1 092
-
national
14 300
-
21 220
-
social contributions
27 828
-
37 092
-
municipal
437
-
583
-
total
43 344
-
59 987
-
Employer
82 527
-
110 000
-
total
-
-
-
-
Corporate
27 473
110 000
-
-
nationa
6 594
26 401
-
-
municipal
1 071
4 291
-
-
total
7 665
30 692
-
-
Dividends
19 808
79 308
-
-
withholding
5 151
20 621
-
-
total
5 151
20 621
-
-
Income
110 000
110 000
110 000
110 000
Total tax
56 160
51 313
59 987
54 755
After tax
53 840
58 687
50 013
55 245
Living cost
39 183
39 183
39 183
39 183
Free-cash
14 657
19 504
10 830
16 062

Estimated living cost  is ₽39183 per week

₽27314
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2569
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽601
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8698
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33488
₽48699
₽45809
₽31679
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
7 810
other
-
-
-
-
pensions
-
-
-
22 001
unemployment
-
-
-
211
income
-
-
-
22 950
surtax
-
-
-
3 049
total
-
-
-
56 021
Employee
30 708
-
90 872
-
health
784
-
2 317
-
pensions
2 048
-
6 062
-
unemployment
2 138
-
6 324
-
surtax
100
-
2 763
-
income
5 147
-
21 236
-
other
-
-
-
-
total
10 217
-
38 702
-
Employer
30 708
-
90 872
-
health
1 397
-
4 134
-
pensions
4 094
-
12 113
-
other
-
-
-
-
unemployment
973
-
2 881
-
total
6 464
-
19 128
-
Corporate
72 829
110 000
-
-
income
18 936
28 600
-
-
total
18 936
28 600
-
-
Dividends
53 892
81 400
-
-
withholding
8 083
12 210
-
-
total
8 083
12 210
-
-
Income
110 000
110 000
110 000
110 000
Total tax
43 700
40 810
57 830
56 021
After tax
66 300
69 190
52 170
53 979
Living cost
20 491
20 491
20 491
20 491
Free-cash
45 809
48 699
31 679
33 488

Estimated living cost  is ₽20491 per week

₽12529
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1891
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5598
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34703
₽35488
₽32950
₽24455
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 256
income
-
-
-
25 841
total
-
-
-
33 097
Employee
58 571
-
96 579
-
health
850
-
1 605
-
pensions
4 971
-
9 310
-
income
10 549
-
19 009
-
total
16 370
-
29 924
-
Employer
58 571
-
96 579
-
health
1 113
-
1 835
-
pensions
6 340
-
11 586
-
total
7 453
-
13 421
-
Corporate
43 976
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.

8 356
20 900
-
-
total
8 356
20 900
-
-
Dividends
35 620
89 100
-
-
withholding
2 671
11 412
-
-
total
2 671
11 412
-
-
Income
110 000
110 000
110 000
110 000
Total tax
34 850
32 312
43 345
33 097
After tax
75 150
77 688
66 655
76 903
Living cost
42 200
42 200
42 200
42 200
Free-cash
32 950
35 488
24 455
34 703

Estimated living cost  is ₽42200 per week

₽31616
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3163
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽441
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6979
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽16128
-₽24870
₽7295
₽10668
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
247
city
-
-
-
1 160
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.

-
-
-
2 201
regional
-
-
-
4 093
pensions
-
-
-
10 120
national
-
-
-
882
total
-
-
-
18 703
Employee
87 967
-
98 455
-
health
199
-
222
-
regional
2 880
-
3 494
-
pensions
7 390
-
8 271
-
unemployment
-
-
-
-
national
416
-
656
-
city
944
-
1 058
-
total
11 829
-
13 701
-
Employer
87 967
-
98 455
-
health
199
-
222
-
pensions
7 390
-
8 271
-
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.

1 759
-
1 969
-
unemployment
-
-
-
-
total
9 348
-
10 462
-
Corporate
11 718
110 000
-
-
national
996
9 350
-
-
regional
2 479
23 266
-
-
total
3 475
32 616
-
-
Dividends
8 243
77 384
-
-
withholding
2 884
27 085
-
-
total
2 884
27 085
-
-
Income
110 000
110 000
110 000
110 000
Total tax
27 536
59 701
24 163
18 703
After tax
82 464
50 299
85 837
91 297
Living cost
75 169
75 169
75 169
75 169
Free-cash
7 295
-24 870
10 668
16 128

Estimated living cost  is ₽75169 per week

₽48881
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6746
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽923
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18619
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽20050
₽11896
₽26955
₽31511
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 344
trade
-
-
-
11 461
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.

-
-
-
1 544
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.

-
-
-
28 062
total
-
-
-
47 411
Employee

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

55 806
-
110 000
-
health

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

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

6 344
-
6 344
-
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.

361
-
1 544
-
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.

6 562
-
28 062
-
total
13 267
-
35 950
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
54 194
110 000
-
-
trade
9 294
18 866
-
-
chamber of commerce
217
296
-
-
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.

448
908
-
-
income
8 129
16 499
-
-
total
18 088
36 569
-
-
Dividends
36 107
73 432
-
-
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.

478
990
-
-
withholding
8 673
18 006
-
-
total
9 151
18 996
-
-
Income
110 000
110 000
110 000
110 000
Total tax
40 506
55 565
35 950
47 411
After tax
69 494
54 435
74 050
62 589
Living cost
42 539
42 539
42 539
42 539
Free-cash
26 955
11 896
31 511
20 050

Estimated living cost  is ₽42539 per week

₽31069
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3403
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.
₽7516
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31085
₽23668
₽29155
₽34626
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
2 980
other
-
-
-
3 410
pensions
-
-
-
24 720
social contributions
-
-
-
3 135
income
-
-
-
12 900
surtax
-
-
-
-
total
-
-
-
47 145
Employee
39 742
-
88 117
-
pensions
4 494
-
4 839
-
surtax
-
-
-
-
social contributions
1 133
-
2 511
-
income
2 345
-
14 372
-
total
7 972
-
21 722
-
Employer
39 742
-
88 117
-
health
2 782
-
6 630
-
pensions
6 529
-
8 380
-
other
1 371
-
3 040
-
social contributions
120
-
264
-
unemployment
1 609
-
3 568
-
total
12 411
-
21 882
-
Corporate
57 847
110 000
-
-
surtax
-
-
-
-
income
16 198
30 801
-
-
total
16 198
30 801
-
-
Dividends
41 649
79 199
-
-
social contributions
7 163
13 623
-
-
surtax
-
-
-
-
withholding
5 331
10 138
-
-
total
12 494
23 761
-
-
Income
110 000
110 000
110 000
110 000
Total tax
49 075
54 562
43 604
47 145
After tax
60 925
55 438
66 396
62 855
Living cost
31 770
31 770
31 770
31 770
Free-cash
29 155
23 668
34 626
31 085

Estimated living cost  is ₽31770 per week

₽20032
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.
₽541
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8615
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34233
₽26816
₽31979
₽37774
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
2 980
other
-
-
-
3 410
pensions
-
-
-
24 720
social contributions
-
-
-
3 135
income
-
-
-
12 900
surtax
-
-
-
-
total
-
-
-
47 145
Employee
35 475
-
88 117
-
pensions
4 012
-
4 839
-
surtax
-
-
-
-
social contributions
1 011
-
2 511
-
income
1 829
-
14 372
-
total
6 852
-
21 722
-
Employer
35 475
-
88 117
-
health
2 483
-
6 630
-
pensions
5 829
-
8 380
-
other
1 225
-
3 040
-
social contributions
106
-
264
-
unemployment
1 436
-
3 568
-
total
11 079
-
21 882
-
Corporate
63 446
110 000
-
-
surtax
-
-
-
-
income
17 764
30 801
-
-
total
17 764
30 801
-
-
Dividends
45 682
79 199
-
-
social contributions
7 857
13 623
-
-
surtax
-
-
-
-
withholding
5 847
10 138
-
-
total
13 704
23 761
-
-
Income
110 000
110 000
110 000
110 000
Total tax
49 399
54 562
43 604
47 145
After tax
60 601
55 438
66 396
62 855
Living cost
28 622
28 622
28 622
28 622
Free-cash
31 979
26 816
37 774
34 233

Estimated living cost  is ₽28622 per week

₽16600
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2908
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽543
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8573
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50954
₽47420
₽47903
₽50258
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
7 678
social contributions
-
-
-
15 179
income
-
-
-
16 499
total
-
-
-
39 356
Employee
31 485
-
110 000
-
health
2 197
-
7 678
-
social contributions
4 345
-
15 179
-
income
5 251
-
17 195
-
total
11 793
-
40 052
-
Employer
31 485
-
110 000
-
total
-
-
-
-
Corporate
78 515
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%.

3 926
5 500
-
-
total
3 926
5 500
-
-
Dividends
74 589
104 500
-
-
social contributions
10 293
14 422
-
-
health
5 207
7 294
-
-
withholding
11 188
15 674
-
-
total
26 688
37 390
-
-
Income
110 000
110 000
110 000
110 000
Total tax
42 407
42 890
40 052
39 356
After tax
67 593
67 110
69 948
70 644
Living cost
19 690
19 690
19 690
19 690
Free-cash
47 903
47 420
50 258
50 954

Estimated living cost  is ₽19690 per week

₽13177
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1214
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4844
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21802
₽28654
₽27217
-₽1556
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
8 298
pensions
-
-
-
20 069
unemployment
-
-
-
5 695
income
-
-
-
20 792
chamber of commerce
-
-
-
441
surtax
-
-
-
183
total
-
-
-
55 478
Employee
46 406
37 005
85 275
-
health
1 796
1 433
3 301
-
pensions
4 753
3 789
8 732
-
unemployment
1 392
1 110
2 559
-
income
5 283
2 730
18 228
-
other
463
370
853
-
total
13 687
9 432
33 673
-
Employer
46 406
37 005
85 275
-
payroll
1 392
1 110
2 559
-
health
1 753
1 399
3 223
-
surtax
183
183
183
-
accident
603
481
1 108
-
pensions
5 824
4 645
10 702
-
chamber of commerce
185
148
342
-
other
2 204
1 757
4 049
-
unemployment
1 392
1 110
2 559
-
total
13 536
10 833
24 725
-
Corporate
50 057
62 161
81 751
-
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.

12 515
15 541
20 438
-
total
12 515
15 541
20 438
-
Dividends
37 542
46 620
-
-
withholding
10 325
12 820
-
-
total
10 325
12 820
-
-
Income
110 000
110 000
110 000
110 000
Total tax
50 063
48 626
78 836
55 478
After tax
59 937
61 374
31 164
54 522
Living cost
32 720
32 720
32 720
32 720
Free-cash
27 217
28 654
-1 556
21 802

Estimated living cost  is ₽32720 per week

₽21823
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2791
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.
₽7568
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15920
₽27773
₽13847
₽7862
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
17 615
national
-
-
-
37 064
communal

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

-
-
-
5 544
total
-
-
-
60 223
Employee

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

66 422
-
85 199
-
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.

3 121
-
4 004
-
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.

4 982
-
6 390
-
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.

578
-
742
-
national
20 421
-
27 902
-
communal

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

3 464
-
4 444
-
total
32 566
-
43 482
-
Employer

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

66 422
-
85 199
-
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.

4 085
-
5 239
-
surtax
7 531
-
9 660
-
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.

863
-
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.

5 886
-
7 549
-
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.

969
-
1 244
-
total
19 334
-
24 799
-
Corporate
24 243
110 000
-
-
surtax
97
441
-
-
income
4 849
22 001
-
-
total
4 946
22 442
-
-
Dividends
19 297
87 559
-
-
withholding

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

5 450
25 928
-
-
total
5 450
25 928
-
-
Income
110 000
110 000
110 000
110 000
Total tax
62 296
48 370
68 281
60 223
After tax
47 704
61 630
41 719
49 777
Living cost
33 857
33 857
33 857
33 857
Free-cash
13 847
27 773
7 862
15 920

Estimated living cost  is ₽33857 per week

₽21809
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2960
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8559
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27072
₽40434
₽33142
₽23250
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
775
other
-
-
-
86
pensions
-
-
-
24 357
unemployment
-
-
-
603
income
-
-
-
23 572
total
-
-
-
49 393
Employee
46 223
-
83 409
-
pensions
2 173
-
3 921
-
unemployment
717
-
1 293
-
other
46
-
83
-
income
9 753
-
21 327
-
total
12 689
-
26 624
-
Employer
46 223
-
83 409
-
accident
915
-
1 651
-
pensions
10 908
-
19 685
-
other
368
-
668
-
unemployment
2 543
-
4 587
-
total
14 734
-
26 591
-
Corporate
49 044
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.

7 357
16 499
-
-
total
7 357
16 499
-
-
Dividends
41 687
93 501
-
-
withholding
8 543
19 532
-
-
total
8 543
19 532
-
-
Income
110 000
110 000
110 000
110 000
Total tax
43 323
36 031
53 215
49 393
After tax
66 677
73 969
56 785
60 607
Living cost
33 535
33 535
33 535
33 535
Free-cash
33 142
40 434
23 250
27 072

Estimated living cost  is ₽33535 per week

₽24695
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2379
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.
₽5977
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9889
₽16187
₽7731
₽14306
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
7 729
accident
-
-
-
927
pensions
-
-
-
16 489
communal
-
-
-
6 952
income
-
-
-
12 097
surtax
-
-
-
5 454
total
-
-
-
49 648
Employee
70 321
-
98 259
-
health
3 130
-
4 372
-
pensions
5 625
-
7 861
-
surtax
4 310
-
6 021
-
income
6 792
-
15 235
-
total
19 857
-
33 489
-
Employer
70 321
-
98 259
-
health
2 145
-
2 996
-
accident
633
-
885
-
pensions
5 625
-
7 861
-
total
8 403
-
11 742
-
Corporate
31 277
110 000
-
-
communal
2 111
7 426
-
-
surtax
328
1 154
-
-
income
4 691
16 499
-
-
total
7 130
25 079
-
-
Dividends
24 147
84 921
-
-
income
12 795
5 532
-
-
withholding
3 621
12 739
-
-
total
16 416
18 271
-
-
Income
110 000
110 000
110 000
110 000
Total tax
51 806
43 350
45 231
49 648
After tax
58 194
66 650
64 769
60 352
Living cost
50 463
50 463
50 463
50 463
Free-cash
7 731
16 187
14 306
9 889

Estimated living cost  is ₽50463 per week

₽37855
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3057
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽534
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9015
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33122
₽48333
₽45382
₽31313
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
7 810
other
-
-
-
-
pensions
-
-
-
22 001
unemployment
-
-
-
211
income
-
-
-
22 950
surtax
-
-
-
3 049
total
-
-
-
56 021
Employee
31 271
-
90 872
-
health
798
-
2 317
-
pensions
2 086
-
6 062
-
unemployment
2 176
-
6 324
-
surtax
111
-
2 763
-
income
5 242
-
21 236
-
other
-
-
-
-
total
10 413
-
38 702
-
Employer
31 271
-
90 872
-
health
1 422
-
4 134
-
pensions
4 169
-
12 113
-
other
-
-
-
-
unemployment
992
-
2 881
-
total
6 583
-
19 128
-
Corporate
72 145
110 000
-
-
income
18 758
28 600
-
-
total
18 758
28 600
-
-
Dividends
53 387
81 400
-
-
withholding
8 007
12 210
-
-
total
8 007
12 210
-
-
Income
110 000
110 000
110 000
110 000
Total tax
43 761
40 810
57 830
56 021
After tax
66 239
69 190
52 170
53 979
Living cost
20 857
20 857
20 857
20 857
Free-cash
45 382
48 333
31 313
33 122

Estimated living cost  is ₽20857 per week

₽12592
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1813
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5968
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29816
₽32805
₽30742
₽24612
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
654
social contributions
-
-
-
28 292
national
-
-
-
24 565
total
-
-
-
55 170
Employee
51 510
-
110 000
-
regional
693
-
1 479
-
national
8 161
-
21 220
-
social contributions
17 370
-
37 092
-
municipal
273
-
583
-
total
26 497
-
60 374
-
Employer
51 510
-
110 000
-
total
-
-
-
-
Corporate
58 490
110 000
-
-
nationa
14 037
26 401
-
-
municipal
2 908
5 466
-
-
total
16 945
31 867
-
-
Dividends
41 545
78 133
-
-
withholding
10 802
20 314
-
-
total
10 802
20 314
-
-
Income
110 000
110 000
110 000
110 000
Total tax
54 244
52 181
60 374
55 170
After tax
55 756
57 819
49 626
54 830
Living cost
25 014
25 014
25 014
25 014
Free-cash
30 742
32 805
24 612
29 816

Estimated living cost  is ₽25014 per week

₽15556
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2534
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽428
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6495
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25432
₽47592
₽37552
₽27678
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
14 850
social contributions
-
-
-
32 120
solidarity contribution
-
-
-
-
income
-
-
-
9 455
total
-
-
-
56 425
Employee
41 386
-
82 090
-
health
5 587
-
11 082
-
solidarity contribution
-
-
-
-
social contributions
2 690
-
5 336
-
income
4 966
-
9 851
-
total
13 243
-
26 269
-
Employer
41 386
-
82 090
-
health
3 725
-
7 388
-
social contributions
10 347
-
20 522
-
total
14 072
-
27 910
-
Corporate
54 542
110 000
-
-
income
10 363
20 900
-
-
total
10 363
20 900
-
-
Dividends
44 179
89 100
-
-
withholding
6 627
13 365
-
-
total
6 627
13 365
-
-
Income
110 000
110 000
110 000
110 000
Total tax
44 305
34 265
54 179
56 425
After tax
65 695
75 735
55 821
53 575
Living cost
28 143
28 143
28 143
28 143
Free-cash
37 552
47 592
27 678
25 432

Estimated living cost  is ₽28143 per week

₽20929
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1559
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽487
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5168
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25080
₽31848
₽31388
₽1573
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
8 298
pensions
-
-
-
20 069
unemployment
-
-
-
5 695
income
-
-
-
20 792
chamber of commerce
-
-
-
441
surtax
-
-
-
-
total
-
-
-
55 295
Employee
40 591
37 005
85 418
-
health
1 570
1 433
3 306
-
pensions
4 157
3 789
8 747
-
unemployment
1 218
1 110
2 562
-
income
3 616
2 730
18 277
-
other
405
370
855
-
total
10 966
9 432
33 747
-
Employer
40 591
37 005
85 418
-
payroll
1 218
1 110
2 562
-
health
1 535
1 399
3 228
-
surtax
-
-
-
-
accident
527
481
1 110
-
pensions
5 094
4 645
10 719
-
chamber of commerce
162
148
342
-
other
1 928
1 757
4 057
-
unemployment
1 218
1 110
2 562
-
total
11 682
10 650
24 580
-
Corporate
57 728
62 344
81 895
-
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.

14 432
15 586
20 475
-
total
14 432
15 586
20 475
-
Dividends
43 295
46 758
-
-
withholding
11 907
12 859
-
-
total
11 907
12 859
-
-
Income
110 000
110 000
110 000
110 000
Total tax
48 987
48 527
78 802
55 295
After tax
61 013
61 473
31 198
54 705
Living cost
29 625
29 625
29 625
29 625
Free-cash
31 388
31 848
1 573
25 080

Estimated living cost  is ₽29625 per week

₽17771
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3026
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽529
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8300
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96967
₽92567
₽90330
₽76067
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
14 916
-
110 000
-
income
2 983
-
22 000
-
total
2 983
-
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%.

95 084
110 000
-
-
total
-
-
-
-
Dividends
95 084
110 000
-
-
withholding
4 754
5 500
-
-
total
4 754
5 500
-
-
Income
110 000
110 000
110 000
110 000
Total tax
7 737
5 500
22 000
1 100
After tax
102 263
104 500
88 000
108 900
Living cost
11 933
11 933
11 933
11 933
Free-cash
90 330
92 567
76 067
96 967

Estimated living cost  is ₽11933 per week

₽8075
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽501
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽400
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2956
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31252
₽50830
₽43061
₽28102
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
10 825
pensions
-
-
-
20 089
unemployment
-
-
-
166
income
-
-
-
22 761
total
-
-
-
53 841
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.

41 062
-
95 182
-
health
2 652
-
6 148
-
pensions
6 365
-
14 753
-
unemployment
58
-
134
-
income
7 081
-
21 138
-
total
16 156
-
42 173
-
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.

41 062
-
95 182
-
health
2 735
-
6 339
-
pensions
3 634
-
8 423
-
unemployment
25
-
56
-
total
6 394
-
14 818
-
Corporate
62 545
110 000
-
-
income
11 884
20 899
-
-
total
11 884
20 899
-
-
Dividends
50 661
89 101
-
-
withholding
7 598
13 364
-
-
total
7 598
13 364
-
-
Income
110 000
110 000
110 000
110 000
Total tax
42 032
34 263
56 991
53 841
After tax
67 968
75 737
53 009
56 159
Living cost
24 907
24 907
24 907
24 907
Free-cash
43 061
50 830
28 102
31 252

Estimated living cost  is ₽24907 per week

₽17093
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1597
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.
₽5736
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33853
₽24758
-₽35709
₽54978
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
60 460
-
-
-
social contributions
4 958
-
707
-
income
13 336
-
-
-
total
18 294
-
707
-
Employer
60 460
-
-
-
social contributions
85 249
-
12 149
-
total
85 249
-
12 149
-
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
103 543
43 076
12 856
33 981
After tax
6 457
66 924
97 144
76 019
Living cost
42 166
42 166
42 166
42 166
Free-cash
-35 709
24 758
54 978
33 853

Estimated living cost  is ₽42166 per week

₽27359
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3966
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.
₽10304
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31568
₽33441
₽32505
₽24881
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
38 225
income
-
-
-
11 080
surtax
-
-
-
-
total
-
-
-
49 305
Employee
42 708
-
88 889
-
surtax
-
-
-
-
social contributions
4 698
-
9 778
-
income
8 883
-
25 103
-
total
13 581
-
34 881
-
Employer
42 708
-
88 889
-
social contributions
10 143
-
21 111
-
total
10 143
-
21 111
-
Corporate
57 149
110 000
-
-
surtax
-
-
-
-
income
12 002
23 100
-
-
total
12 002
23 100
-
-
Dividends
45 147
86 900
-
-
withholding
12 642
24 332
-
-
total
12 642
24 332
-
-
Income
110 000
110 000
110 000
110 000
Total tax
48 368
47 432
55 992
49 305
After tax
61 632
62 568
54 008
60 695
Living cost
29 127
29 127
29 127
29 127
Free-cash
32 505
33 441
24 881
31 568

Estimated living cost  is ₽29127 per week

₽21793
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1718
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5130
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18006
₽10589
₽16975
₽21547
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
2 980
other
-
-
-
3 410
pensions
-
-
-
24 720
social contributions
-
-
-
3 135
income
-
-
-
12 900
surtax
-
-
-
-
total
-
-
-
47 145
Employee
58 159
-
88 117
-
pensions
6 578
-
4 839
-
surtax
-
-
-
-
social contributions
1 656
-
2 511
-
income
5 075
-
14 372
-
total
13 309
-
21 722
-
Employer
58 159
-
88 117
-
health
4 071
-
6 630
-
pensions
9 556
-
8 380
-
other
2 007
-
3 040
-
social contributions
174
-
264
-
unemployment
2 356
-
3 568
-
total
18 164
-
21 882
-
Corporate
33 677
110 000
-
-
surtax
-
-
-
-
income
9 429
30 801
-
-
total
9 429
30 801
-
-
Dividends
24 247
79 199
-
-
social contributions
4 171
13 623
-
-
surtax
-
-
-
-
withholding
3 103
10 138
-
-
total
7 274
23 761
-
-
Income
110 000
110 000
110 000
110 000
Total tax
48 176
54 562
43 604
47 145
After tax
61 824
55 438
66 396
62 855
Living cost
44 849
44 849
44 849
44 849
Free-cash
16 975
10 589
21 547
18 006

Estimated living cost  is ₽44849 per week

₽30353
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3669
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽615
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10212
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54946
₽71088
₽67967
₽57870
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 941
social contributions
-
-
-
24 200
total
-
-
-
27 141
Employee
29 853
-
95 238
-
social contributions
1 940
-
6 190
-
income
-
-
3 265
-
total
1 940
-
9 455
-
Employer
29 853
-
95 238
-
social contributions
4 627
-
14 762
-
total
4 627
-
14 762
-
Corporate
75 520
110 000
-
-
income
7 553
10 999
-
-
total
7 553
10 999
-
-
Dividends
67 967
99 001
-
-
total
-
-
-
-
Income
110 000
110 000
110 000
110 000
Total tax
14 120
10 999
24 217
27 141
After tax
95 880
99 001
85 783
82 859
Living cost
27 913
27 913
27 913
27 913
Free-cash
67 967
71 088
57 870
54 946

Estimated living cost  is ₽27913 per week

₽18048
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2104
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7235
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22720
-₽91120
-₽91120
-₽91120
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
21 352
labour market
-
-
-
8 736
national
-
-
-
11 936
pensions
-
-
-
800
total
-
-
-
42 824
Employee
187 638
187 638
187 638
-
pensions
267
267
267
-
labour market
14 990
14 990
14 990
-
national
22 923
22 923
22 923
-
municipal
39 957
39 957
39 957
-
total
78 137
78 137
78 137
-
Employer
187 638
187 638
187 638
-
municipal
40 020
40 020
40 020
-
labour market
15 011
15 011
15 011
-
national
22 963
22 963
22 963
-
pensions
533
533
533
-
total
78 527
78 527
78 527
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
110 000
110 000
110 000
110 000
Total tax
156 664
156 664
156 664
42 824
After tax
-46 664
-46 664
-46 664
67 176
Living cost
44 456
44 456
44 456
44 456
Free-cash
-91 120
-91 120
-91 120
22 720

Estimated living cost  is ₽44456 per week

₽30426
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3933
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽684
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9413
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55226
-₽11254
₽5817
₽37694
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
2 029
accident
-
-
-
235
other
-
-
-
345
pensions
-
-
-
3 871
income
-
-
-
28 130
total
-
-
-
34 610
Employee
31 720
-
95 803
-
health
3 632
-
10 970
-
pensions
3 572
-
7 097
-
income
4 352
-
19 879
-
total
11 556
-
37 946
-
Employer
31 720
-
95 803
-
accident
530
-
1 600
-
pensions
5 158
-
10 249
-
unemployment
777
-
2 347
-
total
6 465
-
14 196
-
Corporate
71 815
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.

64 634
99 000
-
-
total
64 634
99 000
-
-
Dividends
7 181
11 000
-
-
withholding
1 364
2 090
-
-
total
1 364
2 090
-
-
Income
110 000
110 000
110 000
110 000
Total tax
84 019
101 090
52 142
34 610
After tax
25 981
8 910
57 858
75 390
Living cost
20 164
20 164
20 164
20 164
Free-cash
5 817
-11 254
37 694
55 226

Estimated living cost  is ₽20164 per week

₽14677
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1150
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽378
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3959
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40541
₽36176
₽35926
₽25457
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
1 306
municipal
-
-
-
19 565
national
-
-
-
12 937
total
-
-
-
33 808
Employee
48 855
-
92 539
-
health
365
-
1 038
-
pensions
3 297
-
6 247
-
unemployment
733
-
1 389
-
national
807
-
7 661
-
municipal
8 002
-
15 096
-
total
13 204
-
31 431
-
Employer
48 855
-
92 539
-
health
375
-
712
-
accident
49
-
93
-
pensions
8 476
-
16 055
-
unemployment
317
-
601
-
total
9 217
-
17 461
-
Corporate
51 927
110 000
-
-
income
10 386
22 001
-
-
total
10 386
22 001
-
-
Dividends

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

31 156
66 000
-
-
national
9
4 291
-
-
municipal
5 607
11 881
-
-
total
5 616
16 172
-
-
Income
110 000
110 000
110 000
110 000
Total tax
38 423
38 173
48 892
33 808
After tax
71 577
71 827
61 108
76 192
Living cost
35 651
35 651
35 651
35 651
Free-cash
35 926
36 176
25 457
40 541

Estimated living cost  is ₽35651 per week

₽23287
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3429
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.
₽8369
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55690
₽58921
₽53868
₽54494
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
2 805
social contributions
-
-
-
15 024
income
-
-
-
14 982
total
-
-
-
32 811
Employee
71 404
71 404
100 155
-
health
553
1 214
1 702
-
social contributions
2 700
5 926
7 993
-
income
7 775
6 610
14 467
-
total
11 028
13 750
24 162
-
Employer
71 404
71 404
100 155
-
health
601
1 322
1 852
-
social contributions
2 700
5 926
7 993
-
total
3 301
7 248
9 845
-
Corporate
74 173
31 349
-
-
income
9 271
3 919
-
-
total
9 271
3 919
-
-
Dividends
64 902
27 429
-
-
withholding
11 033
4 663
-
-
total
11 033
4 663
-
-
Income
110 000
110 000
110 000
110 000
Total tax
34 633
29 580
34 007
32 811
After tax
75 367
80 420
75 993
77 189
Living cost
21 499
21 499
21 499
21 499
Free-cash
53 868
58 921
54 494
55 690

Estimated living cost  is ₽21499 per week

₽12885
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2109
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽476
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6030
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75215
₽76349
₽71624
₽56587
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 360
pensions
-
-
-
5 907
unemployment
-
-
-
26
income
-
-
-
10 749
total
-
-
-
20 042
Employee

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

21 314
-
100 925
-
health
1 812
-
7 489
-
pensions
3 197
-
13 216
-
unemployment
106
-
441
-
income
1 457
-
8 448
-
total
6 572
-
29 594
-
Employer

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

21 314
-
100 925
-
health
916
-
3 789
-
pensions
1 172
-
4 846
-
unemployment
106
-
441
-
total
2 194
-
9 076
-
Corporate
86 492
110 000
-
-
income
7 783
9 900
-
-
total
7 783
9 900
-
-
Dividends
78 708
100 100
-
-
withholding
7 084
9 008
-
-
total
7 084
9 008
-
-
Income
110 000
110 000
110 000
110 000
Total tax
23 633
18 908
38 670
20 042
After tax
86 367
91 092
71 330
89 958
Living cost
14 743
14 743
14 743
14 743
Free-cash
71 624
76 349
56 587
75 215

Estimated living cost  is ₽14743 per week

₽9406
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1063
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽439
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3834
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35072
₽48434
₽43671
₽31250
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
775
other
-
-
-
86
pensions
-
-
-
24 357
unemployment
-
-
-
603
income
-
-
-
23 572
total
-
-
-
49 393
Employee
34 335
-
83 409
-
pensions
1 614
-
3 921
-
unemployment
532
-
1 293
-
other
33
-
83
-
income
6 620
-
21 327
-
total
8 799
-
26 624
-
Employer
34 335
-
83 409
-
accident
680
-
1 651
-
pensions
8 102
-
19 685
-
other
275
-
668
-
unemployment
1 889
-
4 587
-
total
10 946
-
26 591
-
Corporate
64 718
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.

9 708
16 499
-
-
total
9 708
16 499
-
-
Dividends
55 010
93 501
-
-
withholding
11 341
19 532
-
-
total
11 341
19 532
-
-
Income
110 000
110 000
110 000
110 000
Total tax
40 794
36 031
53 215
49 393
After tax
69 206
73 969
56 785
60 607
Living cost
25 535
25 535
25 535
25 535
Free-cash
43 671
48 434
31 250
35 072

Estimated living cost  is ₽25535 per week

₽17236
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2455
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5398
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68733
₽66897
₽66610
₽68609
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
922
pensions
-
-
-
1 271
income
-
-
-
37 331
total
-
-
-
39 524
Employee
2 654
-
108 570
-
health
133
-
318
-
pensions
239
-
572
-
unemployment
27
-
64
-
income
513
-
37 264
-
total
912
-
38 218
-
Employer
2 654
-
108 570
-
health
252
-
604
-
pensions
292
-
699
-
unemployment
53
-
127
-
total
597
-
1 430
-
Corporate
106 749
110 000
-
-
income
23 485
24 200
-
-
total
23 485
24 200
-
-
Dividends
83 264
85 800
-
-
withholding
16 653
17 160
-
-
total
16 653
17 160
-
-
Income
110 000
110 000
110 000
110 000
Total tax
41 647
41 360
39 648
39 524
After tax
68 353
68 640
70 352
70 476
Living cost
1 743
1 743
1 743
1 743
Free-cash
66 610
66 897
68 609
68 733

Estimated living cost  is ₽1743 per week

₽1036
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽141
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽40
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽526
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44434
₽63439
₽58878
₽44434
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
7 058
pensions
-
-
-
17 817
unemployment
-
-
-
1 028
income
-
-
-
23 627
total
-
-
-
49 530
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.

24 181
-
97 734
-
health
1 245
-
3 529
-
pensions
3 385
-
9 594
-
unemployment
181
-
514
-
income
3 333
-
23 627
-
total
8 144
-
37 264
-
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.

24 181
-
97 734
-
health
1 245
-
3 529
-
pensions
2 902
-
8 223
-
unemployment
181
-
514
-
total
4 328
-
12 266
-
Corporate
81 491
110 000
-
-
income
12 224
16 500
-
-
total
12 224
16 500
-
-
Dividends
69 267
93 500
-
-
withholding
10 390
14 025
-
-
total
10 390
14 025
-
-
Income
110 000
110 000
110 000
110 000
Total tax
35 086
30 525
49 530
49 530
After tax
74 914
79 475
60 470
60 470
Living cost
16 036
16 036
16 036
16 036
Free-cash
58 878
63 439
44 434
44 434

Estimated living cost  is ₽16036 per week

₽10797
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1240
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽464
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3534
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35661
₽37534
₽37199
₽28974
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
38 225
income
-
-
-
11 080
surtax
-
-
-
-
total
-
-
-
49 305
Employee
36 040
-
88 889
-
surtax
-
-
-
-
social contributions
3 965
-
9 778
-
income
7 042
-
25 103
-
total
11 007
-
34 881
-
Employer
36 040
-
88 889
-
social contributions
8 559
-
21 111
-
total
8 559
-
21 111
-
Corporate
65 401
110 000
-
-
surtax
-
-
-
-
income
13 734
23 100
-
-
total
13 734
23 100
-
-
Dividends
51 666
86 900
-
-
withholding
14 467
24 332
-
-
total
14 467
24 332
-
-
Income
110 000
110 000
110 000
110 000
Total tax
47 767
47 432
55 992
49 305
After tax
62 233
62 568
54 008
60 695
Living cost
25 034
25 034
25 034
25 034
Free-cash
37 199
37 534
28 974
35 661

Estimated living cost  is ₽25034 per week

₽17731
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1739
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽444
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5121
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27972
₽41334
₽34361
₽24150
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
775
other
-
-
-
86
pensions
-
-
-
24 357
unemployment
-
-
-
603
income
-
-
-
23 572
total
-
-
-
49 393
Employee
44 846
-
83 409
-
pensions
2 108
-
3 921
-
unemployment
694
-
1 293
-
other
44
-
83
-
income
9 367
-
21 327
-
total
12 213
-
26 624
-
Employer
44 846
-
83 409
-
accident
888
-
1 651
-
pensions
10 584
-
19 685
-
other
359
-
668
-
unemployment
2 467
-
4 587
-
total
14 298
-
26 591
-
Corporate
50 855
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.

7 628
16 499
-
-
total
7 628
16 499
-
-
Dividends
43 227
93 501
-
-
withholding
8 865
19 532
-
-
total
8 865
19 532
-
-
Income
110 000
110 000
110 000
110 000
Total tax
43 004
36 031
53 215
49 393
After tax
66 996
73 969
56 785
60 607
Living cost
32 635
32 635
32 635
32 635
Free-cash
34 361
41 334
24 150
27 972

Estimated living cost  is ₽32635 per week

₽23437
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2538
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.
₽6201
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68920
₽78111
₽72463
₽72660
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 722
pensions

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

-
-
-
4 790
unemployment
-
-
-
129
income
-
-
-
16 500
total
-
-
-
25 141
Employee
21 105
-
103 650
-
health
971
-
1 489
-
accident

We are using the highest rate at 1.1%.

232
-
356
-
pensions

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

1 853
-
2 842
-
income
2 111
-
10 365
-
total
5 167
-
15 052
-
Employer
21 105
-
103 650
-
health
1 456
-
2 233
-
accident

We are using the highest rate at 1.1%.

232
-
356
-
pensions

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

2 326
-
3 566
-
unemployment
127
-
194
-
total
4 141
-
6 349
-
Corporate
84 754
110 000
-
-
income
8 476
11 000
-
-
total
8 476
11 000
-
-
Dividends
76 278
99 000
-
-
withholding
3 814
4 950
-
-
total
3 814
4 950
-
-
Income
110 000
110 000
110 000
110 000
Total tax
21 598
15 950
21 401
25 141
After tax
88 402
94 050
88 599
84 859
Living cost
15 939
15 939
15 939
15 939
Free-cash
72 463
78 111
72 660
68 920

Estimated living cost  is ₽15939 per week

₽10542
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽912
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽380
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4105
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28610
₽20848
₽32997
₽38200
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 344
trade
-
-
-
9 590
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.

-
-
-
1 544
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.

-
-
-
28 062
total
-
-
-
45 540
Employee

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

46 203
-
110 000
-
health

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

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

6 344
-
6 344
-
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.

210
-
1 544
-
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.

3 799
-
28 062
-
total
10 353
-
35 950
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
63 797
110 000
-
-
trade
9 154
15 785
-
-
chamber of commerce
234
303
-
-
surtax

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

527
908
-
-
income
9 570
16 499
-
-
total
19 485
33 495
-
-
Dividends
44 311
76 505
-
-
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.

590
1 033
-
-
withholding
10 725
18 774
-
-
total
11 315
19 807
-
-
Income
110 000
110 000
110 000
110 000
Total tax
41 153
53 302
35 950
45 540
After tax
68 847
56 698
74 050
64 460
Living cost
35 850
35 850
35 850
35 850
Free-cash
32 997
20 848
38 200
28 610

Estimated living cost  is ₽35850 per week

₽24730
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3857
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6742
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18309
₽24104
₽26154
₽18309
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 651
social contributions
-
-
-
10 144
total
-
-
-
38 795
Employee
72 636
-
110 000
-
social contributions
6 035
-
10 144
-
income
13 706
-
28 651
-
total
19 741
-
38 795
-
Employer
72 636
-
110 000
-
total
-
-
-
-
Corporate
37 364
110 000
-
-
income
4 670
13 750
-
-
total
4 670
13 750
-
-
Dividends
32 694
96 250
-
-
withholding
6 539
19 250
-
-
total
6 539
19 250
-
-
Income
110 000
110 000
110 000
110 000
Total tax
30 950
33 000
38 795
38 795
After tax
79 050
77 000
71 205
71 205
Living cost
52 896
52 896
52 896
52 896
Free-cash
26 154
24 104
18 309
18 309

Estimated living cost  is ₽52896 per week

₽40243
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4310
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽506
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7838
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44078
₽32886
₽36130
₽47346
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
26 432
health

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

-
-
-
5 782
total
-
-
-
32 214
Employee
42 598
-
105 729
-
social contributions
4 268
-
4 271
-
income
4 622
-
20 404
-
total
8 890
-
24 675
-
Employer
42 598
-
105 729
-
social contributions
4 268
-
4 271
-
total
4 268
-
4 271
-
Corporate
63 134
110 000
-
-
income
22 098
38 500
-
-
total
22 098
38 500
-
-
Dividends
41 037
71 500
-
-
social contributions
4 906
4 906
-
-
total
4 906
4 906
-
-
Income
110 000
110 000
110 000
110 000
Total tax
40 162
43 406
28 946
32 214
After tax
69 838
66 594
81 054
77 786
Living cost
33 708
33 708
33 708
33 708
Free-cash
36 130
32 886
47 346
44 078

Estimated living cost  is ₽33708 per week

₽22203
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2657
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽516
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8330
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42596
₽43381
₽42900
₽32348
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 256
income
-
-
-
25 841
total
-
-
-
33 097
Employee
47 092
-
96 579
-
health
614
-
1 605
-
pensions
3 594
-
9 310
-
income
8 576
-
19 009
-
total
12 784
-
29 924
-
Employer
47 092
-
96 579
-
health
895
-
1 835
-
pensions
4 758
-
11 586
-
total
5 653
-
13 421
-
Corporate
57 256
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.

10 878
20 900
-
-
total
10 878
20 900
-
-
Dividends
46 377
89 100
-
-
withholding
3 478
11 412
-
-
total
3 478
11 412
-
-
Income
110 000
110 000
110 000
110 000
Total tax
32 793
32 312
43 345
33 097
After tax
77 207
77 688
66 655
76 903
Living cost
34 307
34 307
34 307
34 307
Free-cash
42 900
43 381
32 348
42 596

Estimated living cost  is ₽34307 per week

₽23535
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3155
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽429
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7186
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽53229
-₽13251
₽5511
₽35697
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
2 029
accident
-
-
-
235
other
-
-
-
345
pensions
-
-
-
3 871
income
-
-
-
28 130
total
-
-
-
34 610
Employee
34 860
-
95 803
-
health
3 991
-
10 970
-
pensions
3 925
-
7 097
-
income
4 782
-
19 879
-
total
12 698
-
37 946
-
Employer
34 860
-
95 803
-
accident
582
-
1 600
-
pensions
5 668
-
10 249
-
unemployment
854
-
2 347
-
total
7 104
-
14 196
-
Corporate
68 036
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.

61 233
99 000
-
-
total
61 233
99 000
-
-
Dividends
6 803
11 000
-
-
withholding
1 293
2 090
-
-
total
1 293
2 090
-
-
Income
110 000
110 000
110 000
110 000
Total tax
82 328
101 090
52 142
34 610
After tax
27 672
8 910
57 858
75 390
Living cost
22 161
22 161
22 161
22 161
Free-cash
5 511
-13 251
35 697
53 229

Estimated living cost  is ₽22161 per week

₽16264
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1291
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽446
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4159
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49894
₽80039
₽75700
₽59753
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health insurance
-
-
-
8 140
work injury
-
-
-
550
pensions
-
-
-
20 240
unemployment
-
-
-
1 320
income
-
-
-
17 330
total
-
-
-
47 580
Employee

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

20 041
-
110 000
-
pensions
3 688
-
13 643
-
work injury
100
-
371
-
unemployment
240
-
890
-
health insurance
1 483
-
5 487
-
income
2 004
-
17 330
-
total
7 515
-
37 721
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
89 959
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%.

900
1 100
-
-
total
900
1 100
-
-
Dividends
89 059
108 900
-
-
withholding
13 359
16 335
-
-
total
13 359
16 335
-
-
Income
110 000
110 000
110 000
110 000
Total tax
21 774
17 435
37 721
47 580
After tax
88 226
92 565
72 279
62 420
Living cost
12 526
12 526
12 526
12 526
Free-cash
75 700
80 039
59 753
49 894

Estimated living cost  is ₽12526 per week

₽7760
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽910
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.
₽3465
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

Close
Rome , Italy
₽17060
₽20947
₽16724
₽12029
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 355
municipal
-
-
-
735
social contributions
-
-
-
28 292
national
-
-
-
24 565
total
-
-
-
55 947
Employee
78 248
-
110 000
-
regional
1 181
-
2 010
-
national
13 223
-
21 220
-
social contributions
26 385
-
37 092
-
municipal
467
-
656
-
total
41 256
-
60 978
-
Employer
78 248
-
110 000
-
total
-
-
-
-
Corporate
31 752
110 000
-
-
nationa
7 620
26 401
-
-
municipal
1 530
5 302
-
-
total
9 150
31 703
-
-
Dividends
22 602
78 297
-
-
withholding
5 877
20 357
-
-
total
5 877
20 357
-
-
Income
110 000
110 000
110 000
110 000
Total tax
56 283
52 060
60 978
55 947
After tax
53 717
57 940
49 022
54 053
Living cost
36 993
36 993
36 993
36 993
Free-cash
16 724
20 947
12 029
17 060

Estimated living cost  is ₽36993 per week

₽25985
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2545
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7903
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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