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
₽25575
₽46810
₽36740
₽36536
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
25 036
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.

-
-
-
1 376
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.

-
-
-
6 769
trade
-
-
-
10 070
total
-
-
-
43 251
Employee

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

37 895
-
110 000
-
surtax

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

58
-
1 376
-
income

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

1 059
-
25 036
-
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.

6 769
-
6 769
-
total
7 886
-
33 181
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
72 105
110 000
-
-
income
10 817
16 500
-
-
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.

594
908
-
-
chamber of commerce
254
308
-
-
trade
11 356
17 326
-
-
total
23 021
35 042
-
-
Dividends
49 085
74 958
-
-
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.

654
1 010
-
-
withholding
11 894
18 364
-
-
total
12 548
19 374
-
-
Income
110 000
110 000
110 000
110 000
Total tax
43 455
54 416
33 181
43 251
After tax
66 545
55 584
76 819
66 749
Living cost
30 009
30 009
30 009
30 009
Free-cash
36 536
25 575
46 810
36 740

Estimated living cost  is ₽30009 per week

₽18877
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3499
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽560
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7073
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16153
₽14576
₽13714
₽15280
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
110 000
social contributions
-
-
-
1 182
municipal
-
-
-
11 538
national
-
-
-
17 879
pensions
-
-
-
13 200
total
-
-
-
43 799
Employee
81 365
-
95 094
-
municipal
10 050
-
11 964
-
pensions
3 255
-
3 804
-
national
15 573
-
18 539
-
total
28 878
-
34 307
-
Employer
81 365
-
95 094
-
pensions
6 509
-
7 608
-
social contributions
875
-
1 022
-
total
7 384
-
8 630
-
Corporate
15 881
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%.

3 176
22 000
-
-
total
3 176
22 000
-
-
Dividends
12 705
88 000
-
-
withholding
2 795
19 360
-
-
total
2 795
19 360
-
-
Income
110 000
110 000
110 000
110 000
Total tax
42 233
41 360
42 937
43 799
After tax
67 767
68 640
67 063
66 201
Living cost
52 487
52 487
52 487
52 487
Free-cash
15 280
16 153
14 576
13 714

Estimated living cost  is ₽52487 per week

₽35675
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4879
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽786
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11148
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67388
₽41265
₽37985
₽59259
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
16 037
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.

-
-
-
35 366
microenterprise
-
-
-
-
total
-
-
-
51 403
Employee
28 951
-
88 645
-
surtax
-
-
-
-
social contributions

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

3 185
-
9 751
-
income
5 154
-
17 017
-
total
8 339
-
26 768
-
Employer
28 951
-
88 645
-
social contributions

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

6 974
-
21 355
-
surtax
-
-
-
-
total
6 974
-
21 355
-
Corporate
74 076
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%.

14 816
22 000
-
-
total
14 816
22 000
-
-
Dividends

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

59 260
88 000
-
-
total
-
-
-
-
Income
110 000
110 000
110 000
110 000
Total tax
30 129
22 000
48 123
51 403
After tax
79 871
88 000
61 877
58 597
Living cost
20 612
20 612
20 612
20 612
Free-cash
59 259
67 388
41 265
37 985

Estimated living cost  is ₽20612 per week

₽13150
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1963
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5031
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11996
₽15091
₽21148
₽5925
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 522
health
-
-
-
12 217
pensions
-
-
-
11 608
total
-
-
-
47 347
Employee
84 607
84 607
93 611
-
pensions
15 229
11 608
11 608
-
income

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

13 849
13 849
13 849
-
health
12 986
11 046
11 559
-
total
42 064
36 503
37 016
-
Employer
84 607
84 607
93 611
-
health
5 881
5 881
6 505
-
pensions
5 889
5 889
6 515
-
unemployment
3 046
3 046
3 369
-
total
14 816
14 816
16 389
-
Corporate
11 615
10 577
-
-
income
2 324
2 115
-
-
total
2 324
2 115
-
-
Dividends
9 291
8 462
-
-
income
1 974
1 797
-
-
withholding
1 393
1 269
-
-
total
3 367
3 066
-
-
Income
110 000
110 000
110 000
110 000
Total tax
62 571
56 500
53 405
47 347
After tax
47 429
53 500
56 595
62 653
Living cost
41 504
41 504
41 504
41 504
Free-cash
5 925
11 996
15 091
21 148

Estimated living cost  is ₽41504 per week

₽29413
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3742
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽660
Clothing and shoes. We estimate one pair of shoes and 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

Source of data for Rotterdam model

Close
Stockholm , Sweden
₽19304
₽17985
₽18281
₽18390
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
179
other
-
-
-
10 379
unemployment
-
-
-
89
health
-
-
-
5 574
municipal
-
-
-
25 086
national
-
-
-
-
pensions
-
-
-
9 656
total
-
-
-
50 963
Employee
58 073
-
83 701
-
municipal
17 317
-
24 960
-
national
-
-
-
-
total
17 317
-
24 960
-
Employer
58 073
-
83 701
-
health
3 571
-
5 148
-
pensions
6 278
-
9 048
-
accident
116
-
167
-
unemployment
1 533
-
2 210
-
other
6 748
-
9 726
-
total
18 246
-
26 299
-
Corporate
33 680
110 000
-
-
income
7 410
24 200
-
-
total
7 410
24 200
-
-
Dividends
26 271
85 800
-
-
withholding
7 881
25 740
-
-
total
7 881
25 740
-
-
Income
110 000
110 000
110 000
110 000
Total tax
50 854
49 940
51 259
50 963
After tax
59 146
60 060
58 741
59 037
Living cost
40 756
40 756
40 756
40 756
Free-cash
18 390
19 304
17 985
18 281

Estimated living cost  is ₽40756 per week

₽27011
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3999
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.
₽9126
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16098
₽37898
₽27380
₽30021
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
25 036
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.

-
-
-
1 376
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.

-
-
-
6 769
trade
-
-
-
10 518
total
-
-
-
43 699
Employee

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

50 244
-
110 000
-
surtax

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

237
-
1 376
-
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.

4 317
-
25 036
-
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.

6 769
-
6 769
-
total
11 323
-
33 181
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
59 756
110 000
-
-
income
8 963
16 500
-
-
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.

493
908
-
-
chamber of commerce
235
306
-
-
trade
9 829
18 095
-
-
total
19 520
35 809
-
-
Dividends
40 237
74 190
-
-
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.

532
1 000
-
-
withholding
9 683
18 172
-
-
total
10 215
19 172
-
-
Income
110 000
110 000
110 000
110 000
Total tax
41 058
54 981
33 181
43 699
After tax
68 942
55 019
76 819
66 301
Living cost
38 921
38 921
38 921
38 921
Free-cash
30 021
16 098
37 898
27 380

Estimated living cost  is ₽38921 per week

₽26031
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4104
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽581
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8205
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48323
₽44298
₽45200
₽44214
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
13 830
social contributions
-
-
-
16 030
health
-
-
-
2 805
total
-
-
-
32 665
Employee
76 185
76 185
99 862
-
social contributions
3 702
6 323
8 288
-
income
8 000
7 052
13 445
-
health
758
1 295
1 698
-
total
12 460
14 670
23 431
-
Employer
76 185
76 185
99 862
-
health
825
1 410
1 848
-
social contributions
3 702
6 323
8 288
-
total
4 527
7 733
10 136
-
Corporate
60 877
26 082
-
-
income
7 609
3 260
-
-
total
7 609
3 260
-
-
Dividends
53 268
22 822
-
-
withholding
9 055
3 879
-
-
total
9 055
3 879
-
-
Income
110 000
110 000
110 000
110 000
Total tax
33 651
29 542
33 567
32 665
After tax
76 349
80 458
76 433
77 335
Living cost
32 135
32 135
32 135
32 135
Free-cash
44 214
48 323
44 298
45 200

Estimated living cost  is ₽32135 per week

₽21968
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2510
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7118
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43798
₽45635
₽58070
₽44176
S + D Salary + Dividends

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

Dividends

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

Salary

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

26 173
10 417
92 050
-
unemployment
393
156
1 381
-
pensions
2 617
1 042
9 205
-
income
3 200
1 273
11 253
-
health
1 832
729
6 444
-
total
8 042
3 200
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.

26 173
10 417
92 050
-
pensions
5 104
2 031
17 950
-
total
5 104
2 031
17 950
-
Corporate
78 723
97 552
-
-
income
7 085
8 780
-
-
total
7 085
8 780
-
-
Dividends
71 638
88 772
-
-
social contributions
13 850
17 192
-
-
withholding
13 611
16 867
-
-
total
27 461
34 059
-
-
Income
110 000
110 000
110 000
110 000
Total tax
47 692
48 070
46 233
33 798
After tax
62 308
61 930
63 767
76 202
Living cost
18 132
18 132
18 132
18 132
Free-cash
44 176
43 798
45 635
58 070

Estimated living cost  is ₽18132 per week

₽12373
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1484
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽362
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3913
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64069
₽39471
₽35029
₽57914
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
110 000
income
-
-
-
14 740
health
-
-
-
14 300
pensions
-
-
-
22 000
total
-
-
-
51 040
Employee
28 106
-
82 213
-
unemployment
449
-
1 316
-
pensions
562
-
1 645
-
income
3 164
-
15 850
-
total
4 175
-
18 811
-
Employer
28 106
-
82 213
-
health
3 653
-
10 687
-
pensions
5 622
-
16 442
-
unemployment
226
-
658
-
total
9 501
-
27 787
-
Corporate
72 393
110 000
-
-
income
14 479
22 000
-
-
total
14 479
22 000
-
-
Dividends
57 914
88 000
-
-
total
-
-
-
-
Income
110 000
110 000
110 000
110 000
Total tax
28 155
22 000
46 598
51 040
After tax
81 845
88 000
63 402
58 960
Living cost
23 931
23 931
23 931
23 931
Free-cash
57 914
64 069
39 471
35 029

Estimated living cost  is ₽23931 per week

₽16414
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1425
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5610
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽13149
₽35349
₽53377
₽5528
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
253
income
-
-
-
27 580
other
-
-
-
372
health
-
-
-
2 187
pensions
-
-
-
4 172
total
-
-
-
34 564
Employee
34 699
-
95 038
-
pensions
3 907
-
7 650
-
income
4 760
-
19 097
-
health
3 973
-
10 882
-
total
12 640
-
37 629
-
Employer
34 699
-
95 038
-
pensions
5 642
-
11 047
-
accident
579
-
1 587
-
unemployment
850
-
2 329
-
total
7 071
-
14 963
-
Corporate
68 229
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.

61 406
99 000
-
-
total
61 406
99 000
-
-
Dividends
6 823
11 000
-
-
withholding
1 296
2 090
-
-
total
1 296
2 090
-
-
Income
110 000
110 000
110 000
110 000
Total tax
82 413
101 090
52 592
34 564
After tax
27 587
8 910
57 408
75 436
Living cost
22 059
22 059
22 059
22 059
Free-cash
5 528
-13 149
35 349
53 377

Estimated living cost  is ₽22059 per week

₽16167
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1222
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.
₽4209
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96394
₽79894
₽100794
₽94875
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
10 133
-
110 000
-
income
2 026
-
22 000
-
total
2 026
-
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%.

99 867
110 000
-
-
total
-
-
-
-
Dividends
99 867
110 000
-
-
withholding
4 993
5 500
-
-
total
4 993
5 500
-
-
Income
110 000
110 000
110 000
110 000
Total tax
7 019
5 500
22 000
1 100
After tax
102 981
104 500
88 000
108 900
Living cost
8 106
8 106
8 106
8 106
Free-cash
94 875
96 394
79 894
100 794

Estimated living cost  is ₽8106 per week

₽5024
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽674
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽223
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2186
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54418
₽37492
₽32944
₽47725
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
110 000
income
-
-
-
14 192
other
-
-
-
5 225
health
-
-
-
4 840
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
total
-
-
-
50 656
Employee
35 974
-
87 859
-
unemployment
359
-
878
-
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.

2 518
-
6 150
-
income
6 193
-
15 709
-
health
504
-
1 230
-
total
9 574
-
23 967
-
Employer
35 974
-
87 859
-
health
504
-
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.

6 116
-
14 936
-
accident
288
-
703
-
unemployment
359
-
878
-
other
1 799
-
4 394
-
total
9 066
-
22 141
-
Corporate
64 960
110 000
-
-
income
13 642
23 100
-
-
total
13 642
23 100
-
-
Dividends
51 318
86 900
-
-
withholding
3 593
6 082
-
-
total
3 593
6 082
-
-
Income
110 000
110 000
110 000
110 000
Total tax
35 875
29 182
46 108
50 656
After tax
74 125
80 818
63 892
59 344
Living cost
26 400
26 400
26 400
26 400
Free-cash
47 725
54 418
37 492
32 944

Estimated living cost  is ₽26400 per week

₽18653
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1782
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽425
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5539
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12893
₽1709
₽11744
₽2871
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
110 000
income
-
-
-
24 661
pensions
-
-
-
7 602
total
-
-
-
32 263
Employee
93 370
-
96 683
-
pensions
9 008
-
9 405
-
income
16 831
-
17 970
-
health
1 539
-
1 606
-
total
27 378
-
28 981
-
Employer
93 370
-
96 683
-
health
1 773
-
1 836
-
pensions
11 024
-
11 481
-
total
12 797
-
13 317
-
Corporate
3 832
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.

728
20 899
-
-
total
728
20 899
-
-
Dividends
3 104
89 101
-
-
withholding
233
10 215
-
-
total
233
10 215
-
-
Income
110 000
110 000
110 000
110 000
Total tax
41 136
31 114
42 298
32 263
After tax
68 864
78 886
67 702
77 737
Living cost
65 993
65 993
65 993
65 993
Free-cash
2 871
12 893
1 709
11 744

Estimated living cost  is ₽65993 per week

₽49450
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7754
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.
₽8254
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽81060
₽74886
₽71270
₽76459
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 500
unemployment
-
-
-
138
health
-
-
-
3 980
pensions

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

-
-
-
5 122
total
-
-
-
25 740
Employee
17 201
-
103 210
-
accident

We are using the highest rate at 1.1%.

189
-
381
-
pensions

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

1 510
-
3 039
-
income
1 720
-
10 321
-
health
791
-
1 592
-
total
4 210
-
15 333
-
Employer
17 201
-
103 210
-
health
1 187
-
2 388
-
pensions

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

1 896
-
3 814
-
accident

We are using the highest rate at 1.1%.

189
-
381
-
unemployment
103
-
208
-
total
3 375
-
6 791
-
Corporate
89 424
110 000
-
-
income
8 942
11 000
-
-
total
8 942
11 000
-
-
Dividends
80 482
99 000
-
-
withholding
4 024
4 950
-
-
total
4 024
4 950
-
-
Income
110 000
110 000
110 000
110 000
Total tax
20 551
15 950
22 124
25 740
After tax
89 449
94 050
87 876
84 260
Living cost
12 990
12 990
12 990
12 990
Free-cash
76 459
81 060
74 886
71 270

Estimated living cost  is ₽12990 per week

₽7584
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽928
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽344
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4135
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1439
₽1656
₽7714
₽1051
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 522
health
-
-
-
12 217
pensions
-
-
-
11 608
total
-
-
-
47 347
Employee
91 856
84 607
93 611
-
pensions
11 608
11 608
11 608
-
income

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

13 849
13 849
13 849
-
health
11 460
11 046
11 559
-
total
36 917
36 503
37 016
-
Employer
91 856
84 607
93 611
-
health
6 383
5 881
6 505
-
pensions
6 393
5 889
6 515
-
unemployment
3 307
3 046
3 369
-
total
16 083
14 816
16 389
-
Corporate
2 061
10 577
-
-
income
412
2 115
-
-
total
412
2 115
-
-
Dividends
1 649
8 462
-
-
income
350
1 797
-
-
withholding
248
1 269
-
-
total
598
3 066
-
-
Income
110 000
110 000
110 000
110 000
Total tax
54 010
56 500
53 405
47 347
After tax
55 990
53 500
56 595
62 653
Living cost
54 939
54 939
54 939
54 939
Free-cash
1 051
-1 439
1 656
7 714

Estimated living cost  is ₽54939 per week

₽40527
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4907
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽630
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8876
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51134
₽31220
₽28974
₽42357
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 455
social contributions
-
-
-
32 120
solidarity contribution
-
-
-
-
health
-
-
-
14 850
total
-
-
-
56 425
Employee
36 178
-
82 089
-
solidarity contribution
-
-
-
-
social contributions
2 352
-
5 336
-
income
4 341
-
9 851
-
health
4 884
-
11 082
-
total
11 577
-
26 269
-
Employer
36 178
-
82 089
-
health
3 256
-
7 388
-
social contributions
9 045
-
20 522
-
total
12 301
-
27 910
-
Corporate
61 521
110 000
-
-
income
11 689
20 900
-
-
total
11 689
20 900
-
-
Dividends
49 832
89 100
-
-
withholding
7 475
13 365
-
-
total
7 475
13 365
-
-
Income
110 000
110 000
110 000
110 000
Total tax
43 042
34 265
54 179
56 425
After tax
66 958
75 735
55 821
53 575
Living cost
24 601
24 601
24 601
24 601
Free-cash
42 357
51 134
31 220
28 974

Estimated living cost  is ₽24601 per week

₽17088
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1750
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5279
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16883
₽8650
₽13883
₽11711
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 293
regional
-
-
-
1 233
municipal
-
-
-
654
national
-
-
-
24 130
total
-
-
-
54 310
Employee
88 053
-
110 000
-
municipal
466
-
583
-
national
15 257
-
20 787
-
regional
831
-
1 081
-
social contributions
29 691
-
37 092
-
total
46 245
-
59 543
-
Employer
88 053
-
110 000
-
total
-
-
-
-
Corporate
21 947
110 000
-
-
municipal
855
4 291
-
-
nationa
5 268
26 399
-
-
total
6 123
30 690
-
-
Dividends
15 823
79 310
-
-
withholding
4 114
20 620
-
-
total
4 114
20 620
-
-
Income
110 000
110 000
110 000
110 000
Total tax
56 482
51 310
59 543
54 310
After tax
53 518
58 690
50 457
55 690
Living cost
41 807
41 807
41 807
41 807
Free-cash
11 711
16 883
8 650
13 883

Estimated living cost  is ₽41807 per week

₽29142
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2741
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽641
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9280
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47328
₽31379
₽33180
₽44242
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
22 071
other
-
-
-
-
surtax
-
-
-
2 850
unemployment
-
-
-
226
health
-
-
-
7 810
pensions
-
-
-
22 000
total
-
-
-
54 957
Employee
32 764
-
90 871
-
other
-
-
-
-
unemployment
2 281
-
6 325
-
pensions
2 185
-
6 062
-
surtax
107
-
2 565
-
income
5 492
-
20 362
-
health
837
-
2 316
-
total
10 902
-
37 630
-
Employer
32 764
-
90 871
-
health
1 491
-
4 134
-
pensions
4 368
-
12 114
-
unemployment
1 038
-
2 880
-
other
-
-
-
-
total
6 897
-
19 128
-
Corporate
70 340
110 000
-
-
income
18 288
28 599
-
-
total
18 288
28 599
-
-
Dividends
52 051
81 401
-
-
withholding
7 808
12 210
-
-
total
7 808
12 210
-
-
Income
110 000
110 000
110 000
110 000
Total tax
43 895
40 809
56 758
54 957
After tax
66 105
69 191
53 242
55 043
Living cost
21 863
21 863
21 863
21 863
Free-cash
44 242
47 328
31 379
33 180

Estimated living cost  is ₽21863 per week

₽13368
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2017
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽504
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5973
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33801
₽22617
₽32652
₽29569
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
110 000
income
-
-
-
24 661
pensions
-
-
-
7 602
total
-
-
-
32 263
Employee
62 574
-
96 683
-
pensions
5 311
-
9 405
-
income
11 270
-
17 970
-
health
908
-
1 606
-
total
17 489
-
28 981
-
Employer
62 574
-
96 683
-
health
1 189
-
1 836
-
pensions
6 774
-
11 481
-
total
7 963
-
13 317
-
Corporate
39 464
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.

7 497
20 899
-
-
total
7 497
20 899
-
-
Dividends
31 966
89 101
-
-
withholding
2 397
10 215
-
-
total
2 397
10 215
-
-
Income
110 000
110 000
110 000
110 000
Total tax
35 346
31 114
42 298
32 263
After tax
74 654
78 886
67 702
77 737
Living cost
45 085
45 085
45 085
45 085
Free-cash
29 569
33 801
22 617
32 652

Estimated living cost  is ₽45085 per week

₽33777
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3379
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.
₽7456
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽28053
₽7674
₽13125
₽5475
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
110 000
other

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

-
-
-
2 200
regional
-
-
-
3 976
health
-
-
-
256
city
-
-
-
1 159
national
-
-
-
811
pensions
-
-
-
10 120
total
-
-
-
18 522
Employee
91 693
-
98 457
-
unemployment
-
-
-
-
pensions
7 703
-
8 269
-
national
434
-
585
-
regional
3 002
-
3 379
-
city
984
-
1 059
-
health
207
-
221
-
total
12 330
-
13 513
-
Employer
91 693
-
98 457
-
health
207
-
221
-
pensions
7 703
-
8 269
-
unemployment
-
-
-
-
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.

1 833
-
1 970
-
total
9 743
-
10 460
-
Corporate
7 555
110 000
-
-
regional
1 598
23 265
-
-
national
642
9 350
-
-
total
2 240
32 615
-
-
Dividends
5 315
77 385
-
-
withholding
1 859
27 085
-
-
total
1 859
27 085
-
-
Income
110 000
110 000
110 000
110 000
Total tax
26 172
59 700
23 973
18 522
After tax
83 828
50 300
86 027
91 478
Living cost
78 353
78 353
78 353
78 353
Free-cash
5 475
-28 053
7 674
13 125

Estimated living cost  is ₽78353 per week

₽50952
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7031
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽962
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19407
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽9067
₽31432
₽20467
₽25134
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
25 036
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.

-
-
-
1 376
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.

-
-
-
6 769
trade
-
-
-
10 965
total
-
-
-
44 146
Employee

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

59 543
-
110 000
-
surtax

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

385
-
1 376
-
income

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

7 002
-
25 036
-
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.

6 769
-
6 769
-
total
14 156
-
33 181
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
50 457
110 000
-
-
income
7 568
16 500
-
-
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.

416
908
-
-
chamber of commerce
222
305
-
-
trade
8 652
18 866
-
-
total
16 858
36 579
-
-
Dividends
33 599
73 421
-
-
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.

442
989
-
-
withholding
8 023
17 978
-
-
total
8 465
18 967
-
-
Income
110 000
110 000
110 000
110 000
Total tax
39 479
55 546
33 181
44 146
After tax
70 521
54 454
76 819
65 854
Living cost
45 387
45 387
45 387
45 387
Free-cash
25 134
9 067
31 432
20 467

Estimated living cost  is ₽45387 per week

₽33149
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3631
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.
₽8019
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21542
₽33682
₽29137
₽27395
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 021
other
-
-
-
3 411
surtax
-
-
-
-
social contributions
-
-
-
3 134
health
-
-
-
2 636
pensions
-
-
-
25 764
total
-
-
-
46 966
Employee
42 403
-
88 653
-
pensions
4 794
-
4 623
-
surtax
-
-
-
-
social contributions
1 209
-
2 527
-
income
2 502
-
13 924
-
total
8 505
-
21 074
-
Employer
42 403
-
88 653
-
health
2 969
-
6 377
-
pensions
6 966
-
8 055
-
unemployment
1 717
-
3 591
-
social contributions
128
-
265
-
other
1 463
-
3 059
-
total
13 243
-
21 347
-
Corporate
54 355
110 000
-
-
income
15 220
30 801
-
-
surtax
-
-
-
-
total
15 220
30 801
-
-
Dividends
39 135
79 199
-
-
surtax
-
-
-
-
social contributions
6 731
13 622
-
-
withholding
5 009
10 138
-
-
total
11 740
23 760
-
-
Income
110 000
110 000
110 000
110 000
Total tax
48 708
54 561
42 421
46 966
After tax
61 292
55 439
67 579
63 034
Living cost
33 897
33 897
33 897
33 897
Free-cash
27 395
21 542
33 682
29 137

Estimated living cost  is ₽33897 per week

₽21374
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2756
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽577
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9192
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24900
₽37040
₽32495
₽30405
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 021
other
-
-
-
3 411
surtax
-
-
-
-
social contributions
-
-
-
3 134
health
-
-
-
2 636
pensions
-
-
-
25 764
total
-
-
-
46 966
Employee
37 851
-
88 653
-
pensions
4 281
-
4 623
-
surtax
-
-
-
-
social contributions
1 079
-
2 527
-
income
1 952
-
13 924
-
total
7 312
-
21 074
-
Employer
37 851
-
88 653
-
health
2 649
-
6 377
-
pensions
6 220
-
8 055
-
unemployment
1 532
-
3 591
-
social contributions
113
-
265
-
other
1 307
-
3 059
-
total
11 821
-
21 347
-
Corporate
60 329
110 000
-
-
income
16 891
30 801
-
-
surtax
-
-
-
-
total
16 891
30 801
-
-
Dividends
43 437
79 199
-
-
surtax
-
-
-
-
social contributions
7 472
13 622
-
-
withholding
5 560
10 138
-
-
total
13 032
23 760
-
-
Income
110 000
110 000
110 000
110 000
Total tax
49 056
54 561
42 421
46 966
After tax
60 944
55 439
67 579
63 034
Living cost
30 539
30 539
30 539
30 539
Free-cash
30 405
24 900
37 040
32 495

Estimated living cost  is ₽30539 per week

₽17711
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3102
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽579
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9147
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46101
₽49259
₽49632
₽46615
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 500
social contributions
-
-
-
15 180
health
-
-
-
7 679
total
-
-
-
39 359
Employee
33 593
-
110 000
-
social contributions
4 636
-
15 180
-
income
5 603
-
16 873
-
health
2 345
-
7 679
-
total
12 584
-
39 732
-
Employer
33 593
-
110 000
-
total
-
-
-
-
Corporate
76 407
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%.

3 820
5 499
-
-
total
3 820
5 499
-
-
Dividends
72 587
104 501
-
-
social contributions
10 017
14 421
-
-
withholding
10 888
15 675
-
-
health
5 067
7 295
-
-
total
25 972
37 391
-
-
Income
110 000
110 000
110 000
110 000
Total tax
42 376
42 890
39 732
39 359
After tax
67 624
67 110
70 268
70 641
Living cost
21 009
21 009
21 009
21 009
Free-cash
46 615
46 101
49 259
49 632

Estimated living cost  is ₽21009 per week

₽14060
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1295
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.
₽5169
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26565
-₽2940
₽19888
₽25036
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
19 721
surtax
-
-
-
196
unemployment
-
-
-
6 077
chamber of commerce
-
-
-
440
health
-
-
-
8 416
pensions
-
-
-
20 351
total
-
-
-
55 201
Employee
49 514
39 483
85 263
-
other
494
395
852
-
unemployment
1 485
1 185
2 557
-
pensions
5 071
4 042
8 731
-
income
5 637
2 912
17 480
-
health
1 916
1 529
3 300
-
total
14 603
10 063
32 920
-
Employer
49 514
39 483
85 263
-
chamber of commerce
197
158
340
-
health
1 871
1 493
3 223
-
pensions
6 214
4 956
10 700
-
accident
643
513
1 109
-
unemployment
1 485
1 185
2 557
-
surtax
196
196
196
-
payroll
1 485
1 185
2 557
-
other
2 352
1 875
4 050
-
total
14 443
11 561
24 732
-
Corporate
46 043
58 957
81 508
-
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.

11 510
14 739
20 377
-
total
11 510
14 739
20 377
-
Dividends
34 532
44 219
-
-
withholding
9 497
12 161
-
-
total
9 497
12 161
-
-
Income
110 000
110 000
110 000
110 000
Total tax
50 053
48 524
78 029
55 201
After tax
59 947
61 476
31 971
54 799
Living cost
34 911
34 911
34 911
34 911
Free-cash
25 036
26 565
-2 940
19 888

Estimated living cost  is ₽34911 per week

₽23284
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2978
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8075
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25528
₽6101
₽14206
₽10670
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
communal

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

-
-
-
5 535
social contributions
-
-
-
17 751
national
-
-
-
36 383
total
-
-
-
59 669
Employee

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

70 870
-
85 199
-
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.

617
-
741
-
communal

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

3 696
-
4 443
-
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.

5 315
-
6 391
-
national
21 788
-
27 393
-
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.

3 330
-
4 005
-
total
34 746
-
42 973
-
Employer

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

70 870
-
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.

4 358
-
5 240
-
pensions

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

6 280
-
7 549
-
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.

921
-
1 107
-
unemployment

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

1 034
-
1 245
-
surtax
8 036
-
9 660
-
total
20 629
-
24 801
-
Corporate
18 501
110 000
-
-
income
3 700
22 000
-
-
surtax
73
440
-
-
total
3 773
22 440
-
-
Dividends
14 727
87 560
-
-
withholding

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

4 057
25 907
-
-
total
4 057
25 907
-
-
Income
110 000
110 000
110 000
110 000
Total tax
63 205
48 347
67 774
59 669
After tax
46 795
61 653
42 226
50 331
Living cost
36 125
36 125
36 125
36 125
Free-cash
10 670
25 528
6 101
14 206

Estimated living cost  is ₽36125 per week

₽23269
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3159
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽566
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9132
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38310
₽21511
₽24245
₽30416
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
827
income
-
-
-
22 424
other
-
-
-
92
unemployment
-
-
-
643
pensions
-
-
-
25 988
total
-
-
-
49 974
Employee
49 318
-
83 409
-
other
49
-
83
-
unemployment
765
-
1 294
-
pensions
2 318
-
3 920
-
income
10 406
-
20 820
-
total
13 538
-
26 117
-
Employer
49 318
-
83 409
-
pensions
11 638
-
19 685
-
accident
976
-
1 651
-
unemployment
2 713
-
4 588
-
other
393
-
667
-
total
15 720
-
26 591
-
Corporate
44 962
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.

6 744
16 500
-
-
total
6 744
16 500
-
-
Dividends
38 218
93 500
-
-
withholding
7 801
19 409
-
-
total
7 801
19 409
-
-
Income
110 000
110 000
110 000
110 000
Total tax
43 803
35 909
52 708
49 974
After tax
66 197
74 091
57 292
60 026
Living cost
35 781
35 781
35 781
35 781
Free-cash
30 416
38 310
21 511
24 245

Estimated living cost  is ₽35781 per week

₽26349
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.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6378
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13093
₽12149
₽7570
₽5809
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
communal
-
-
-
6 953
accident
-
-
-
927
income
-
-
-
11 042
surtax
-
-
-
5 452
health
-
-
-
7 727
pensions
-
-
-
16 487
total
-
-
-
48 588
Employee
75 030
-
98 258
-
pensions
6 001
-
7 861
-
surtax
4 599
-
6 022
-
income
7 247
-
14 011
-
health
3 339
-
4 373
-
total
21 186
-
32 267
-
Employer
75 030
-
98 258
-
health
2 288
-
2 997
-
pensions
6 001
-
7 861
-
accident
675
-
884
-
total
8 964
-
11 742
-
Corporate
26 006
110 000
-
-
communal
-
7 425
-
-
income
3 901
16 500
-
-
surtax
273
1 154
-
-
total
4 174
25 079
-
-
Dividends
21 832
84 921
-
-
income
12 750
5 248
-
-
withholding
3 275
12 738
-
-
total
16 025
17 986
-
-
Income
110 000
110 000
110 000
110 000
Total tax
50 349
43 065
44 009
48 588
After tax
59 651
66 935
65 991
61 412
Living cost
53 842
53 842
53 842
53 842
Free-cash
5 809
13 093
12 149
7 570

Estimated living cost  is ₽53842 per week

₽40390
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3262
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽570
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9619
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46937
₽30988
₽32789
₽43786
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
22 071
other
-
-
-
-
surtax
-
-
-
2 850
unemployment
-
-
-
226
health
-
-
-
7 810
pensions
-
-
-
22 000
total
-
-
-
54 957
Employee
33 365
-
90 871
-
other
-
-
-
-
unemployment
2 322
-
6 325
-
pensions
2 226
-
6 062
-
surtax
118
-
2 565
-
income
5 593
-
20 362
-
health
852
-
2 316
-
total
11 111
-
37 630
-
Employer
33 365
-
90 871
-
health
1 517
-
4 134
-
pensions
4 448
-
12 114
-
unemployment
1 059
-
2 880
-
other
-
-
-
-
total
7 024
-
19 128
-
Corporate
69 610
110 000
-
-
income
18 098
28 599
-
-
total
18 098
28 599
-
-
Dividends
51 512
81 401
-
-
withholding
7 727
12 210
-
-
total
7 727
12 210
-
-
Income
110 000
110 000
110 000
110 000
Total tax
43 960
40 809
56 758
54 957
After tax
66 040
69 191
53 242
55 043
Living cost
22 254
22 254
22 254
22 254
Free-cash
43 786
46 937
30 988
32 789

Estimated living cost  is ₽22254 per week

₽13436
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1935
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6368
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31129
₽23369
₽28575
₽28930
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 293
regional
-
-
-
1 659
municipal
-
-
-
654
national
-
-
-
24 130
total
-
-
-
54 736
Employee
54 959
-
110 000
-
municipal
291
-
583
-
national
8 707
-
20 787
-
regional
740
-
1 480
-
social contributions
18 533
-
37 092
-
total
28 271
-
59 942
-
Employer
54 959
-
110 000
-
total
-
-
-
-
Corporate
55 041
110 000
-
-
municipal
2 736
5 468
-
-
nationa
13 210
26 399
-
-
total
15 946
31 867
-
-
Dividends
39 095
78 133
-
-
withholding
10 164
20 315
-
-
total
10 164
20 315
-
-
Income
110 000
110 000
110 000
110 000
Total tax
54 381
52 182
59 942
54 736
After tax
55 619
57 818
50 058
55 264
Living cost
26 689
26 689
26 689
26 689
Free-cash
28 930
31 129
23 369
28 575

Estimated living cost  is ₽26689 per week

₽16598
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2704
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6930
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45420
₽25506
₽23260
₽34605
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 455
social contributions
-
-
-
32 120
solidarity contribution
-
-
-
-
health
-
-
-
14 850
total
-
-
-
56 425
Employee
44 581
-
82 089
-
solidarity contribution
-
-
-
-
social contributions
2 898
-
5 336
-
income
5 350
-
9 851
-
health
6 018
-
11 082
-
total
14 266
-
26 269
-
Employer
44 581
-
82 089
-
health
4 012
-
7 388
-
social contributions
11 145
-
20 522
-
total
15 157
-
27 910
-
Corporate
50 261
110 000
-
-
income
9 550
20 900
-
-
total
9 550
20 900
-
-
Dividends
40 712
89 100
-
-
withholding
6 107
13 365
-
-
total
6 107
13 365
-
-
Income
110 000
110 000
110 000
110 000
Total tax
45 080
34 265
54 179
56 425
After tax
64 920
75 735
55 821
53 575
Living cost
30 315
30 315
30 315
30 315
Free-cash
34 605
45 420
25 506
23 260

Estimated living cost  is ₽30315 per week

₽22544
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1679
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5567
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29976
₽392
₽23386
₽29487
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
19 721
surtax
-
-
-
-
unemployment
-
-
-
6 077
chamber of commerce
-
-
-
440
health
-
-
-
8 416
pensions
-
-
-
20 351
total
-
-
-
55 005
Employee
43 309
39 483
85 415
-
other
432
395
854
-
unemployment
1 299
1 185
2 563
-
pensions
4 435
4 042
8 747
-
income
3 858
2 912
17 532
-
health
1 675
1 529
3 305
-
total
11 699
10 063
33 001
-
Employer
43 309
39 483
85 415
-
chamber of commerce
173
158
342
-
health
1 638
1 493
3 228
-
pensions
5 436
4 956
10 719
-
accident
562
513
1 111
-
unemployment
1 299
1 185
2 563
-
surtax
-
-
-
-
payroll
1 299
1 185
2 563
-
other
2 057
1 875
4 057
-
total
12 464
11 365
24 583
-
Corporate
54 227
59 153
81 657
-
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.

13 556
14 787
20 415
-
total
13 556
14 787
20 415
-
Dividends
40 671
44 365
-
-
withholding
11 185
12 200
-
-
total
11 185
12 200
-
-
Income
110 000
110 000
110 000
110 000
Total tax
48 904
48 415
77 999
55 005
After tax
61 096
61 585
32 001
54 995
Living cost
31 609
31 609
31 609
31 609
Free-cash
29 487
29 976
392
23 386

Estimated living cost  is ₽31609 per week

₽18961
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3228
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽564
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8856
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91868
₽75368
₽96268
₽89500
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 791
-
110 000
-
income
3 158
-
22 000
-
total
3 158
-
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%.

94 209
110 000
-
-
total
-
-
-
-
Dividends
94 209
110 000
-
-
withholding
4 710
5 500
-
-
total
4 710
5 500
-
-
Income
110 000
110 000
110 000
110 000
Total tax
7 868
5 500
22 000
1 100
After tax
102 132
104 500
88 000
108 900
Living cost
12 632
12 632
12 632
12 632
Free-cash
89 500
91 868
75 368
96 268

Estimated living cost  is ₽12632 per week

₽8548
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽530
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽424
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3130
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49162
₽26704
₽29857
₽40876
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
22 490
unemployment
-
-
-
165
health
-
-
-
10 824
pensions
-
-
-
20 090
total
-
-
-
53 569
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.

43 812
-
95 181
-
unemployment
62
-
133
-
pensions
6 791
-
14 754
-
income
7 555
-
20 865
-
health
2 830
-
6 150
-
total
17 238
-
41 902
-
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.

43 812
-
95 181
-
health
2 918
-
6 340
-
pensions
3 877
-
8 423
-
unemployment
26
-
56
-
total
6 821
-
14 819
-
Corporate
59 367
110 000
-
-
income
11 279
20 900
-
-
total
11 279
20 900
-
-
Dividends
48 088
89 100
-
-
withholding
7 212
13 364
-
-
total
7 212
13 364
-
-
Income
110 000
110 000
110 000
110 000
Total tax
42 550
34 264
56 721
53 569
After tax
67 450
75 736
53 279
56 431
Living cost
26 574
26 574
26 574
26 574
Free-cash
40 876
49 162
26 704
29 857

Estimated living cost  is ₽26574 per week

₽18238
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1703
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6120
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23532
₽53378
₽32627
-₽39945
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
21 441
social contributions
-
-
-
12 540
total
-
-
-
33 981
Employee
62 218
-
-
-
social contributions
5 102
-
727
-
income
13 724
-
-
-
total
18 826
-
727
-
Employer
62 218
-
-
-
social contributions
87 727
-
12 503
-
total
87 727
-
12 503
-
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
106 553
43 076
13 230
33 981
After tax
3 447
66 924
96 770
76 019
Living cost
43 392
43 392
43 392
43 392
Free-cash
-39 945
23 532
53 378
32 627

Estimated living cost  is ₽43392 per week

₽28154
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4081
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.
₽10603
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31490
₽23634
₽29916
₽30494
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
10 781
surtax
-
-
-
-
social contributions

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

-
-
-
38 226
total
-
-
-
49 007
Employee
45 567
-
88 890
-
surtax
-
-
-
-
social contributions
5 013
-
9 779
-
income
9 478
-
24 400
-
total
14 491
-
34 179
-
Employer
45 567
-
88 890
-
social contributions
10 822
-
21 110
-
total
10 822
-
21 110
-
Corporate
53 610
110 000
-
-
income
11 258
23 100
-
-
surtax
-
-
-
-
total
11 258
23 100
-
-
Dividends
42 352
86 900
-
-
withholding
11 858
24 333
-
-
total
11 858
24 333
-
-
Income
110 000
110 000
110 000
110 000
Total tax
48 429
47 433
55 289
49 007
After tax
61 571
62 567
54 711
60 993
Living cost
31 077
31 077
31 077
31 077
Free-cash
30 494
31 490
23 634
29 916

Estimated living cost  is ₽31077 per week

₽23252
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1833
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽519
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5473
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7586
₽19726
₽15181
₽14399
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 021
other
-
-
-
3 411
surtax
-
-
-
-
social contributions
-
-
-
3 134
health
-
-
-
2 636
pensions
-
-
-
25 764
total
-
-
-
46 966
Employee
62 053
-
88 653
-
pensions
7 019
-
4 623
-
surtax
-
-
-
-
social contributions
1 767
-
2 527
-
income
5 414
-
13 924
-
total
14 200
-
21 074
-
Employer
62 053
-
88 653
-
health
4 343
-
6 377
-
pensions
10 196
-
8 055
-
unemployment
2 514
-
3 591
-
social contributions
186
-
265
-
other
2 142
-
3 059
-
total
19 381
-
21 347
-
Corporate
28 566
110 000
-
-
income
7 998
30 801
-
-
surtax
-
-
-
-
total
7 998
30 801
-
-
Dividends
20 568
79 199
-
-
surtax
-
-
-
-
social contributions
3 537
13 622
-
-
withholding
2 632
10 138
-
-
total
6 169
23 760
-
-
Income
110 000
110 000
110 000
110 000
Total tax
47 748
54 561
42 421
46 966
After tax
62 252
55 439
67 579
63 034
Living cost
47 853
47 853
47 853
47 853
Free-cash
14 399
7 586
19 726
15 181

Estimated living cost  is ₽47853 per week

₽32386
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3914
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽656
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10896
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69217
₽56376
₽53454
₽65890
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 563
social contributions
-
-
-
24 201
total
-
-
-
26 764
Employee
31 852
-
95 237
-
income
-
-
2 888
-
social contributions
2 070
-
6 191
-
total
2 070
-
9 079
-
Employer
31 852
-
95 237
-
social contributions
4 937
-
14 763
-
total
4 937
-
14 763
-
Corporate
73 211
110 000
-
-
income
7 321
11 001
-
-
total
7 321
11 001
-
-
Dividends
65 889
98 999
-
-
total
-
-
-
-
Income
110 000
110 000
110 000
110 000
Total tax
14 328
11 001
23 842
26 764
After tax
95 672
98 999
86 158
83 236
Living cost
29 782
29 782
29 782
29 782
Free-cash
65 890
69 217
56 376
53 454

Estimated living cost  is ₽29782 per week

₽19257
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2245
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽560
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7720
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽105778
-₽105778
₽19882
-₽105778
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
labour market
-
-
-
8 731
municipal
-
-
-
21 000
national
-
-
-
11 833
pensions
-
-
-
858
total
-
-
-
42 422
Employee
201 314
201 314
201 314
-
municipal
42 869
42 869
42 869
-
labour market
16 082
16 082
16 082
-
pensions
286
286
286
-
national
24 594
24 594
24 594
-
total
83 831
83 831
83 831
-
Employer
201 314
201 314
201 314
-
national
24 637
24 637
24 637
-
labour market
16 105
16 105
16 105
-
pensions
572
572
572
-
municipal
42 937
42 937
42 937
-
total
84 251
84 251
84 251
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
110 000
110 000
110 000
110 000
Total tax
168 082
168 082
168 082
42 422
After tax
-58 082
-58 082
-58 082
67 578
Living cost
47 696
47 696
47 696
47 696
Free-cash
-105 778
-105 778
-105 778
19 882

Estimated living cost  is ₽47696 per week

₽32644
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4219
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽734
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10099
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽12823
₽35675
₽53703
₽5576
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
253
income
-
-
-
27 580
other
-
-
-
372
health
-
-
-
2 187
pensions
-
-
-
4 172
total
-
-
-
34 564
Employee
34 188
-
95 038
-
pensions
3 850
-
7 650
-
income
4 690
-
19 097
-
health
3 915
-
10 882
-
total
12 455
-
37 629
-
Employer
34 188
-
95 038
-
pensions
5 559
-
11 047
-
accident
571
-
1 587
-
unemployment
838
-
2 329
-
total
6 968
-
14 963
-
Corporate
68 844
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.

61 960
99 000
-
-
total
61 960
99 000
-
-
Dividends
6 884
11 000
-
-
withholding
1 308
2 090
-
-
total
1 308
2 090
-
-
Income
110 000
110 000
110 000
110 000
Total tax
82 691
101 090
52 592
34 564
After tax
27 309
8 910
57 408
75 436
Living cost
21 733
21 733
21 733
21 733
Free-cash
5 576
-12 823
35 675
53 703

Estimated living cost  is ₽21733 per week

₽15819
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1239
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4267
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34266
₽23767
₽38851
₽33244
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 280
municipal
-
-
-
19 569
national
-
-
-
12 262
total
-
-
-
33 111
Employee
52 126
-
92 539
-
municipal
8 538
-
15 101
-
unemployment
782
-
1 388
-
pensions
3 518
-
6 246
-
national
861
-
6 986
-
health
389
-
1 012
-
total
14 088
-
30 733
-
Employer
52 126
-
92 539
-
health
400
-
713
-
pensions
9 044
-
16 055
-
accident
53
-
92
-
unemployment
338
-
602
-
total
9 835
-
17 462
-
Corporate
48 039
110 000
-
-
income
9 608
22 000
-
-
total
9 608
22 000
-
-
Dividends

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

28 823
66 000
-
-
municipal
5 187
11 881
-
-
national
-
3 815
-
-
total
5 187
15 696
-
-
Income
110 000
110 000
110 000
110 000
Total tax
38 718
37 696
48 195
33 111
After tax
71 282
72 304
61 805
76 889
Living cost
38 038
38 038
38 038
38 038
Free-cash
33 244
34 266
23 767
38 851

Estimated living cost  is ₽38038 per week

₽24846
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3659
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽605
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8929
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57519
₽53494
₽54396
₽52127
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
13 830
social contributions
-
-
-
16 030
health
-
-
-
2 805
total
-
-
-
32 665
Employee
76 185
76 185
99 862
-
social contributions
2 880
6 323
8 288
-
income
8 295
7 052
13 445
-
health
590
1 295
1 698
-
total
11 765
14 670
23 431
-
Employer
76 185
76 185
99 862
-
health
641
1 410
1 848
-
social contributions
2 880
6 323
8 288
-
total
3 521
7 733
10 136
-
Corporate
71 774
26 082
-
-
income
8 972
3 260
-
-
total
8 972
3 260
-
-
Dividends
62 801
22 822
-
-
withholding
10 676
3 879
-
-
total
10 676
3 879
-
-
Income
110 000
110 000
110 000
110 000
Total tax
34 934
29 542
33 567
32 665
After tax
75 066
80 458
76 433
77 335
Living cost
22 939
22 939
22 939
22 939
Free-cash
52 127
57 519
53 494
54 396

Estimated living cost  is ₽22939 per week

₽13748
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2251
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6434
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75359
₽53823
₽73696
₽70319
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
10 659
unemployment
-
-
-
28
health
-
-
-
3 585
pensions
-
-
-
6 302
total
-
-
-
20 574
Employee

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

22 741
-
100 317
-
unemployment
113
-
470
-
pensions
3 411
-
14 101
-
income
1 555
-
8 203
-
health
1 933
-
7 991
-
total
7 012
-
30 765
-
Employer

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

22 741
-
100 317
-
health
978
-
4 042
-
pensions
1 250
-
5 170
-
unemployment
113
-
470
-
total
2 341
-
9 682
-
Corporate
84 918
110 000
-
-
income
7 643
9 901
-
-
total
7 643
9 901
-
-
Dividends
77 275
100 099
-
-
withholding
6 955
9 010
-
-
total
6 955
9 010
-
-
Income
110 000
110 000
110 000
110 000
Total tax
23 951
18 911
40 447
20 574
After tax
86 049
91 089
69 553
89 426
Living cost
15 730
15 730
15 730
15 730
Free-cash
70 319
75 359
53 823
73 696

Estimated living cost  is ₽15730 per week

₽10036
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.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4091
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46846
₽30047
₽32781
₽41649
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
827
income
-
-
-
22 424
other
-
-
-
92
unemployment
-
-
-
643
pensions
-
-
-
25 988
total
-
-
-
49 974
Employee
36 634
-
83 409
-
other
36
-
83
-
unemployment
568
-
1 294
-
pensions
1 722
-
3 920
-
income
7 063
-
20 820
-
total
9 389
-
26 117
-
Employer
36 634
-
83 409
-
pensions
8 645
-
19 685
-
accident
726
-
1 651
-
unemployment
2 016
-
4 588
-
other
293
-
667
-
total
11 680
-
26 591
-
Corporate
61 686
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.

9 252
16 500
-
-
total
9 252
16 500
-
-
Dividends
52 434
93 500
-
-
withholding
10 785
19 409
-
-
total
10 785
19 409
-
-
Income
110 000
110 000
110 000
110 000
Total tax
41 106
35 909
52 708
49 974
After tax
68 894
74 091
57 292
60 026
Living cost
27 245
27 245
27 245
27 245
Free-cash
41 649
46 846
30 047
32 781

Estimated living cost  is ₽27245 per week

₽18390
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2619
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5759
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66697
₽68278
₽68416
₽66378
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
110 000
income
-
-
-
37 197
health
-
-
-
1 027
pensions
-
-
-
1 417
total
-
-
-
39 641
Employee
2 959
-
108 406
-
unemployment
30
-
71
-
pensions
266
-
638
-
income
572
-
37 122
-
health
148
-
354
-
total
1 016
-
38 185
-
Employer
2 959
-
108 406
-
health
281
-
673
-
pensions
325
-
779
-
unemployment
59
-
142
-
total
665
-
1 594
-
Corporate
106 376
110 000
-
-
income
23 403
24 200
-
-
total
23 403
24 200
-
-
Dividends
82 973
85 800
-
-
withholding
16 595
17 160
-
-
total
16 595
17 160
-
-
Income
110 000
110 000
110 000
110 000
Total tax
41 679
41 360
39 779
39 641
After tax
68 321
68 640
70 221
70 359
Living cost
1 943
1 943
1 943
1 943
Free-cash
66 378
66 697
68 278
68 416

Estimated living cost  is ₽1943 per week

₽1154
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽157
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽44
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽586
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62335
₽42373
₽42371
₽57459
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
22 802
unemployment
-
-
-
1 099
health
-
-
-
7 544
pensions
-
-
-
19 044
total
-
-
-
50 489
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.

25 846
-
96 889
-
unemployment
194
-
549
-
pensions
3 618
-
10 254
-
income
3 563
-
22 802
-
health
1 331
-
3 772
-
total
8 706
-
37 377
-
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.

25 846
-
96 889
-
health
1 331
-
3 772
-
pensions
3 101
-
8 789
-
unemployment
194
-
549
-
total
4 626
-
13 110
-
Corporate
79 528
110 000
-
-
income
11 929
16 500
-
-
total
11 929
16 500
-
-
Dividends
67 599
93 500
-
-
withholding
10 140
14 025
-
-
total
10 140
14 025
-
-
Income
110 000
110 000
110 000
110 000
Total tax
35 401
30 525
50 487
50 489
After tax
74 599
79 475
59 513
59 511
Living cost
17 140
17 140
17 140
17 140
Free-cash
57 459
62 335
42 373
42 371

Estimated living cost  is ₽17140 per week

₽11540
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1326
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3778
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Belgrade model

Close
Porto , Portugal
₽35857
₽28001
₽34283
₽35501
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
10 781
surtax
-
-
-
-
social contributions

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

-
-
-
38 226
total
-
-
-
49 007
Employee
38 454
-
88 890
-
surtax
-
-
-
-
social contributions
4 230
-
9 779
-
income
7 514
-
24 400
-
total
11 744
-
34 179
-
Employer
38 454
-
88 890
-
social contributions
9 132
-
21 110
-
total
9 132
-
21 110
-
Corporate
62 414
110 000
-
-
income
13 107
23 100
-
-
surtax
-
-
-
-
total
13 107
23 100
-
-
Dividends
49 308
86 900
-
-
withholding
13 806
24 333
-
-
total
13 806
24 333
-
-
Income
110 000
110 000
110 000
110 000
Total tax
47 789
47 433
55 289
49 007
After tax
62 211
62 567
54 711
60 993
Living cost
26 710
26 710
26 710
26 710
Free-cash
35 501
35 857
28 001
34 283

Estimated living cost  is ₽26710 per week

₽18918
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1856
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5464
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39271
₽22472
₽25206
₽31714
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
827
income
-
-
-
22 424
other
-
-
-
92
unemployment
-
-
-
643
pensions
-
-
-
25 988
total
-
-
-
49 974
Employee
47 849
-
83 409
-
other
47
-
83
-
unemployment
741
-
1 294
-
pensions
2 249
-
3 920
-
income
9 994
-
20 820
-
total
13 031
-
26 117
-
Employer
47 849
-
83 409
-
pensions
11 292
-
19 685
-
accident
948
-
1 651
-
unemployment
2 632
-
4 588
-
other
384
-
667
-
total
15 256
-
26 591
-
Corporate
46 895
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.

7 034
16 500
-
-
total
7 034
16 500
-
-
Dividends
39 861
93 500
-
-
withholding
8 145
19 409
-
-
total
8 145
19 409
-
-
Income
110 000
110 000
110 000
110 000
Total tax
43 466
35 909
52 708
49 974
After tax
66 534
74 091
57 292
60 026
Living cost
34 820
34 820
34 820
34 820
Free-cash
31 714
39 271
22 472
25 206

Estimated living cost  is ₽34820 per week

₽25006
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2707
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6616
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77006
₽70832
₽67216
₽70969
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 500
unemployment
-
-
-
138
health
-
-
-
3 980
pensions

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

-
-
-
5 122
total
-
-
-
25 740
Employee
22 568
-
103 210
-
accident

We are using the highest rate at 1.1%.

248
-
381
-
pensions

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

1 981
-
3 039
-
income
2 257
-
10 321
-
health
1 038
-
1 592
-
total
5 524
-
15 333
-
Employer
22 568
-
103 210
-
health
1 557
-
2 388
-
pensions

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

2 487
-
3 814
-
accident

We are using the highest rate at 1.1%.

248
-
381
-
unemployment
136
-
208
-
total
4 428
-
6 791
-
Corporate
83 004
110 000
-
-
income
8 300
11 000
-
-
total
8 300
11 000
-
-
Dividends
74 704
99 000
-
-
withholding
3 735
4 950
-
-
total
3 735
4 950
-
-
Income
110 000
110 000
110 000
110 000
Total tax
21 987
15 950
22 124
25 740
After tax
88 013
94 050
87 876
84 260
Living cost
17 044
17 044
17 044
17 044
Free-cash
70 969
77 006
70 832
67 216

Estimated living cost  is ₽17044 per week

₽11273
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽976
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽407
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4389
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18466
₽38568
₽29393
₽31428
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
25 036
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.

-
-
-
1 376
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.

-
-
-
6 769
trade
-
-
-
9 175
total
-
-
-
42 356
Employee

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

49 297
-
110 000
-
surtax

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

224
-
1 376
-
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.

4 054
-
25 036
-
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.

6 769
-
6 769
-
total
11 047
-
33 181
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
60 703
110 000
-
-
income
9 106
16 500
-
-
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.

500
908
-
-
chamber of commerce
239
312
-
-
trade
8 711
15 786
-
-
total
18 556
33 506
-
-
Dividends
42 148
76 494
-
-
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.

558
1 030
-
-
withholding
10 160
18 747
-
-
total
10 718
19 777
-
-
Income
110 000
110 000
110 000
110 000
Total tax
40 321
53 283
33 181
42 356
After tax
69 679
56 717
76 819
67 644
Living cost
38 251
38 251
38 251
38 251
Free-cash
31 428
18 466
38 568
29 393

Estimated living cost  is ₽38251 per week

₽26386
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4116
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7193
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20561
₽15926
₽15926
₽22749
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
27 623
social contributions
-
-
-
10 013
total
-
-
-
37 636
Employee
77 500
-
110 000
-
income
14 624
-
27 623
-
social contributions
6 439
-
10 013
-
total
21 063
-
37 636
-
Employer
77 500
-
110 000
-
total
-
-
-
-
Corporate
32 500
110 000
-
-
income
4 063
13 750
-
-
total
4 063
13 750
-
-
Dividends
28 437
96 250
-
-
withholding
5 687
19 251
-
-
total
5 687
19 251
-
-
Income
110 000
110 000
110 000
110 000
Total tax
30 813
33 001
37 636
37 636
After tax
79 187
76 999
72 364
72 364
Living cost
56 438
56 438
56 438
56 438
Free-cash
22 749
20 561
15 926
15 926

Estimated living cost  is ₽56438 per week

₽42937
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.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8363
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30301
₽44991
₽39803
₽33763
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 202
health

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

-
-
-
6 030
total
-
-
-
34 232
Employee
45 450
-
105 442
-
income
4 932
-
19 928
-
social contributions
4 554
-
4 558
-
total
9 486
-
24 486
-
Employer
45 450
-
105 442
-
social contributions
4 554
-
4 558
-
total
4 554
-
4 558
-
Corporate
59 996
110 000
-
-
income
20 998
38 500
-
-
total
20 998
38 500
-
-
Dividends
38 998
71 500
-
-
social contributions
5 234
5 234
-
-
total
5 234
5 234
-
-
Income
110 000
110 000
110 000
110 000
Total tax
40 272
43 734
29 044
34 232
After tax
69 728
66 266
80 956
75 768
Living cost
35 965
35 965
35 965
35 965
Free-cash
33 763
30 301
44 991
39 803

Estimated living cost  is ₽35965 per week

₽23690
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2835
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8888
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42234
₽31050
₽41085
₽40197
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
110 000
income
-
-
-
24 661
pensions
-
-
-
7 602
total
-
-
-
32 263
Employee
50 310
-
96 683
-
pensions
3 840
-
9 405
-
income
9 162
-
17 970
-
health
656
-
1 606
-
total
13 658
-
28 981
-
Employer
50 310
-
96 683
-
health
956
-
1 836
-
pensions
5 083
-
11 481
-
total
6 039
-
13 317
-
Corporate
53 650
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.

10 194
20 899
-
-
total
10 194
20 899
-
-
Dividends
43 456
89 101
-
-
withholding
3 260
10 215
-
-
total
3 260
10 215
-
-
Income
110 000
110 000
110 000
110 000
Total tax
33 151
31 114
42 298
32 263
After tax
76 849
78 886
67 702
77 737
Living cost
36 652
36 652
36 652
36 652
Free-cash
40 197
42 234
31 050
41 085

Estimated living cost  is ₽36652 per week

₽25143
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3371
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽459
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7678
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽14975
₽33523
₽51551
₽5246
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
253
income
-
-
-
27 580
other
-
-
-
372
health
-
-
-
2 187
pensions
-
-
-
4 172
total
-
-
-
34 564
Employee
37 572
-
95 038
-
pensions
4 231
-
7 650
-
income
5 155
-
19 097
-
health
4 302
-
10 882
-
total
13 688
-
37 629
-
Employer
37 572
-
95 038
-
pensions
6 109
-
11 047
-
accident
627
-
1 587
-
unemployment
920
-
2 329
-
total
7 656
-
14 963
-
Corporate
64 771
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.

58 294
99 000
-
-
total
58 294
99 000
-
-
Dividends
6 477
11 000
-
-
withholding
1 231
2 090
-
-
total
1 231
2 090
-
-
Income
110 000
110 000
110 000
110 000
Total tax
80 869
101 090
52 592
34 564
After tax
29 131
8 910
57 408
75 436
Living cost
23 885
23 885
23 885
23 885
Free-cash
5 246
-14 975
33 523
51 551

Estimated living cost  is ₽23885 per week

₽17529
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1392
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4483
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79181
₽57668
₽49206
₽75298
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
17 160
unemployment
-
-
-
1 320
work injury
-
-
-
550
health insurance
-
-
-
8 140
pensions
-
-
-
20 240
total
-
-
-
47 410
Employee

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

21 414
-
110 000
-
health insurance
1 585
-
5 863
-
unemployment
257
-
951
-
work injury
107
-
396
-
pensions
3 940
-
14 578
-
income
2 141
-
17 160
-
total
8 030
-
38 948
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
88 586
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%.

-
1 100
-
-
total
-
1 100
-
-
Dividends
88 586
108 900
-
-
withholding
13 288
16 335
-
-
total
13 288
16 335
-
-
Income
110 000
110 000
110 000
110 000
Total tax
21 318
17 435
38 948
47 410
After tax
88 682
92 565
71 052
62 590
Living cost
13 384
13 384
13 384
13 384
Free-cash
75 298
79 181
57 668
49 206

Estimated living cost  is ₽13384 per week

₽8291
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽973
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽418
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3702
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18471
₽10043
₽15076
₽13963
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 293
regional
-
-
-
2 296
municipal
-
-
-
735
national
-
-
-
24 130
total
-
-
-
55 454
Employee
83 488
-
110 000
-
municipal
498
-
656
-
national
14 109
-
20 787
-
regional
1 260
-
1 952
-
social contributions
28 152
-
37 092
-
total
44 019
-
60 487
-
Employer
83 488
-
110 000
-
total
-
-
-
-
Corporate
26 512
110 000
-
-
municipal
1 279
5 302
-
-
nationa
6 362
26 399
-
-
total
7 641
31 701
-
-
Dividends
18 871
78 299
-
-
withholding
4 907
20 358
-
-
total
4 907
20 358
-
-
Income
110 000
110 000
110 000
110 000
Total tax
56 567
52 059
60 487
55 454
After tax
53 433
57 941
49 513
54 546
Living cost
39 470
39 470
39 470
39 470
Free-cash
13 963
18 471
10 043
15 076

Estimated living cost  is ₽39470 per week

₽27725
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2715
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽596
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8433
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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