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
₽27456
₽45930
₽35402
₽37719
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
28 071
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.

-
-
-
1 545
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.

-
-
-
6 341
trade
-
-
-
10 528
total
-
-
-
46 485
Employee

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

35 500
-
110 000
-
surtax

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

55
-
1 545
-
income

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

992
-
28 071
-
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.

6 341
-
6 341
-
total
7 388
-
35 957
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
74 500
110 000
-
-
income
11 176
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.

615
907
-
-
chamber of commerce
248
299
-
-
trade
11 734
17 325
-
-
total
23 773
35 031
-
-
Dividends
50 727
74 968
-
-
surtax

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

678
1 011
-
-
withholding
12 329
18 389
-
-
total
13 007
19 400
-
-
Income
110 000
110 000
110 000
110 000
Total tax
44 168
54 431
35 957
46 485
After tax
65 832
55 569
74 043
63 515
Living cost
28 113
28 113
28 113
28 113
Free-cash
37 719
27 456
45 930
35 402

Estimated living cost  is ₽28113 per week

₽17684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3278
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6626
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18854
₽17108
₽16245
₽18026
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
110 000
social contributions
-
-
-
1 183
municipal
-
-
-
11 604
national
-
-
-
17 982
pensions
-
-
-
13 200
total
-
-
-
43 969
Employee
77 178
-
95 094
-
municipal
9 533
-
12 030
-
pensions
3 087
-
3 804
-
national
14 772
-
18 642
-
total
27 392
-
34 476
-
Employer
77 178
-
95 094
-
pensions
6 174
-
7 608
-
social contributions
830
-
1 022
-
total
7 004
-
8 630
-
Corporate
20 724
110 000
-
-
income

Corporate income tax will depend on a type of legal entity. For LLC and Limited Partnership it is set at 20%. All other entities pay 37.6%.

4 145
22 000
-
-
total
4 145
22 000
-
-
Dividends
16 579
88 000
-
-
withholding
3 647
19 360
-
-
total
3 647
19 360
-
-
Income
110 000
110 000
110 000
110 000
Total tax
42 188
41 360
43 106
43 969
After tax
67 812
68 640
66 894
66 031
Living cost
49 786
49 786
49 786
49 786
Free-cash
18 026
18 854
17 108
16 245

Estimated living cost  is ₽49786 per week

₽33839
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4628
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽745
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10574
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68691
₽42496
₽39217
₽61076
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 109
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.

-
-
-
35 364
microenterprise
-
-
-
-
total
-
-
-
51 473
Employee
27 121
-
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.

2 984
-
9 751
-
income
4 828
-
17 088
-
total
7 812
-
26 839
-
Employer
27 121
-
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.

6 533
-
21 355
-
surtax
-
-
-
-
total
6 533
-
21 355
-
Corporate
76 346
110 000
-
-
income

Corporate income tax rate is 20% applicable to the taxable base. However, before applying the statutory rate, the taxable base should be divided by a coefficient of 0.8. As taxable base is increased by the coefficient, the effective corporate income tax rate is 25%.

15 269
21 999
-
-
total
15 269
21 999
-
-
Dividends

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

61 077
88 001
-
-
total
-
-
-
-
Income
110 000
110 000
110 000
110 000
Total tax
29 614
21 999
48 194
51 473
After tax
80 386
88 001
61 806
58 527
Living cost
19 310
19 310
19 310
19 310
Free-cash
61 076
68 691
42 496
39 217

Estimated living cost  is ₽19310 per week

₽12319
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1839
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽439
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4713
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14780
₽19714
₽24113
₽9093
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
24 685
health
-
-
-
11 445
pensions
-
-
-
10 875
total
-
-
-
47 005
Employee
79 261
79 261
93 609
-
pensions
14 267
10 875
10 875
-
income

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

12 974
12 974
12 974
-
health
12 166
10 348
11 165
-
total
39 407
34 197
35 014
-
Employer
79 261
79 261
93 609
-
health
5 510
5 510
6 506
-
pensions
5 517
5 517
6 515
-
unemployment
2 853
2 853
3 369
-
total
13 880
13 880
16 390
-
Corporate
17 832
16 860
-
-
income
3 567
3 371
-
-
total
3 567
3 371
-
-
Dividends
14 265
13 488
-
-
income
3 031
2 866
-
-
withholding
2 140
2 024
-
-
total
5 171
4 890
-
-
Income
110 000
110 000
110 000
110 000
Total tax
62 025
56 338
51 404
47 005
After tax
47 975
53 662
58 596
62 995
Living cost
38 882
38 882
38 882
38 882
Free-cash
9 093
14 780
19 714
24 113

Estimated living cost  is ₽38882 per week

₽27555
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3505
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽618
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7204
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rotterdam model

Close
Stockholm , Sweden
₽22194
₽19918
₽20940
₽21345
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
166
other
-
-
-
9 643
unemployment
-
-
-
83
health
-
-
-
5 178
municipal
-
-
-
25 633
national
-
-
-
1 520
pensions
-
-
-
8 971
total
-
-
-
51 194
Employee
53 955
-
83 925
-
municipal
16 089
-
25 027
-
national
-
-
1 114
-
total
16 089
-
26 141
-
Employer
53 955
-
83 925
-
health
3 318
-
5 104
-
pensions
5 832
-
8 971
-
accident
108
-
166
-
unemployment
1 424
-
2 191
-
other
6 270
-
9 643
-
total
16 952
-
26 075
-
Corporate
39 092
110 000
-
-
income
8 600
24 200
-
-
total
8 600
24 200
-
-
Dividends
30 492
85 800
-
-
withholding
9 148
25 740
-
-
total
9 148
25 740
-
-
Income
110 000
110 000
110 000
110 000
Total tax
50 789
49 940
52 216
51 194
After tax
59 211
60 060
57 784
58 806
Living cost
37 866
37 866
37 866
37 866
Free-cash
21 345
22 194
19 918
20 940

Estimated living cost  is ₽37866 per week

₽25096
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3716
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8479
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18542
₽37581
₽26585
₽31582
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
28 071
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.

-
-
-
1 545
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.

-
-
-
6 341
trade
-
-
-
10 996
total
-
-
-
46 953
Employee

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

47 069
-
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.

222
-
1 545
-
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.

4 044
-
28 071
-
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.

6 341
-
6 341
-
total
10 607
-
35 957
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
62 931
110 000
-
-
income
9 439
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.

520
907
-
-
chamber of commerce
231
298
-
-
trade
10 351
18 094
-
-
total
20 541
35 799
-
-
Dividends
42 390
74 200
-
-
surtax

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

564
1 000
-
-
withholding
10 244
18 197
-
-
total
10 808
19 197
-
-
Income
110 000
110 000
110 000
110 000
Total tax
41 956
54 996
35 957
46 953
After tax
68 044
55 004
74 043
63 047
Living cost
36 462
36 462
36 462
36 462
Free-cash
31 582
18 542
37 581
26 585

Estimated living cost  is ₽36462 per week

₽24386
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3845
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽544
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7687
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50315
₽45884
₽47083
₽46466
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 989
social contributions
-
-
-
15 017
health
-
-
-
2 806
total
-
-
-
32 812
Employee
71 371
71 371
100 158
-
social contributions
3 468
5 923
7 990
-
income
7 495
6 607
14 475
-
health
710
1 214
1 703
-
total
11 673
13 744
24 168
-
Employer
71 371
71 371
100 158
-
health
773
1 321
1 853
-
social contributions
3 468
5 923
7 990
-
total
4 241
7 244
9 843
-
Corporate
63 981
31 385
-
-
income
7 998
3 923
-
-
total
7 998
3 923
-
-
Dividends
55 983
27 462
-
-
withholding
9 517
4 669
-
-
total
9 517
4 669
-
-
Income
110 000
110 000
110 000
110 000
Total tax
33 429
29 580
34 011
32 812
After tax
76 571
80 420
75 989
77 188
Living cost
30 105
30 105
30 105
30 105
Free-cash
46 466
50 315
45 884
47 083

Estimated living cost  is ₽30105 per week

₽20580
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2351
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽506
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6668
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44903
₽46765
₽59201
₽45260
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
13 447
unemployment
-
-
-
1 650
health
-
-
-
7 700
pensions
-
-
-
11 000
total
-
-
-
33 797
Employee

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

The minimum wage is 138,000 HUF per month.

24 542
9 768
92 050
-
unemployment
368
147
1 381
-
pensions
2 454
977
9 205
-
income
3 000
1 194
11 253
-
health
1 718
684
6 444
-
total
7 540
3 002
28 283
-
Employer

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

The minimum wage is 138,000 HUF per month.

24 542
9 768
92 050
-
pensions
4 786
1 905
17 950
-
total
4 786
1 905
17 950
-
Corporate
80 672
98 328
-
-
income
7 260
8 850
-
-
total
7 260
8 850
-
-
Dividends
73 411
89 478
-
-
social contributions
14 204
17 337
-
-
withholding
13 948
17 001
-
-
total
28 152
34 338
-
-
Income
110 000
110 000
110 000
110 000
Total tax
47 738
48 095
46 233
33 797
After tax
62 262
61 905
63 767
76 203
Living cost
17 002
17 002
17 002
17 002
Free-cash
45 260
44 903
46 765
59 201

Estimated living cost  is ₽17002 per week

₽11602
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1391
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽340
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3669
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65583
₽40984
₽36542
₽59817
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
110 000
income
-
-
-
14 741
health
-
-
-
14 300
pensions
-
-
-
21 999
total
-
-
-
51 040
Employee
26 330
-
82 213
-
unemployment
421
-
1 316
-
pensions
527
-
1 645
-
income
2 964
-
15 850
-
total
3 912
-
18 811
-
Employer
26 330
-
82 213
-
health
3 422
-
10 688
-
pensions
5 266
-
16 442
-
unemployment
211
-
657
-
total
8 899
-
27 787
-
Corporate
74 769
110 000
-
-
income
14 954
21 999
-
-
total
14 954
21 999
-
-
Dividends
59 816
88 001
-
-
total
-
-
-
-
Income
110 000
110 000
110 000
110 000
Total tax
27 765
21 999
46 598
51 040
After tax
82 235
88 001
63 402
58 960
Living cost
22 418
22 418
22 418
22 418
Free-cash
59 817
65 583
40 984
36 542

Estimated living cost  is ₽22418 per week

₽15377
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1335
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5256
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽11763
₽37126
₽54724
₽5739
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
237
income
-
-
-
28 059
other
-
-
-
348
health
-
-
-
2 049
pensions
-
-
-
3 910
total
-
-
-
34 603
Employee
32 520
-
95 704
-
pensions
3 662
-
7 169
-
income
4 461
-
19 778
-
health
3 724
-
10 958
-
total
11 847
-
37 905
-
Employer
32 520
-
95 704
-
pensions
5 288
-
10 353
-
accident
543
-
1 598
-
unemployment
797
-
2 345
-
total
6 628
-
14 296
-
Corporate
70 852
110 000
-
-
income

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

63 767
99 000
-
-
total
63 767
99 000
-
-
Dividends
7 085
11 000
-
-
withholding
1 346
2 090
-
-
total
1 346
2 090
-
-
Income
110 000
110 000
110 000
110 000
Total tax
83 588
101 090
52 201
34 603
After tax
26 412
8 910
57 799
75 397
Living cost
20 673
20 673
20 673
20 673
Free-cash
5 739
-11 763
37 126
54 724

Estimated living cost  is ₽20673 per week

₽15152
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1145
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽431
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3945
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96906
₽80406
₽101306
₽95483
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We expect you will register a microenterprise to benefit from 1% tax rate. Otherwise you will be taxed at a personal income rate of 20%.

-
-
-
110 000
microenterprise

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

-
-
-
1 100
total
-
-
-
1 100
Employee
9 492
-
110 000
-
income
1 898
-
22 000
-
total
1 898
-
22 000
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

100 508
110 000
-
-
total
-
-
-
-
Dividends
100 508
110 000
-
-
withholding
5 025
5 500
-
-
total
5 025
5 500
-
-
Income
110 000
110 000
110 000
110 000
Total tax
6 923
5 500
22 000
1 100
After tax
103 077
104 500
88 000
108 900
Living cost
7 594
7 594
7 594
7 594
Free-cash
95 483
96 906
80 406
101 306

Estimated living cost  is ₽7594 per week

₽4706
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽631
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽209
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2048
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56084
₽38898
₽34348
₽49818
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 457
other
-
-
-
5 224
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
-
-
-
50 920
Employee
33 700
-
87 860
-
unemployment
336
-
879
-
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.

2 358
-
6 149
-
income
5 802
-
15 974
-
health
472
-
1 229
-
total
8 968
-
24 231
-
Employer
33 700
-
87 860
-
health
472
-
1 229
-
pensions

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

5 730
-
14 935
-
accident
269
-
703
-
unemployment
336
-
879
-
other
1 686
-
4 393
-
total
8 493
-
22 139
-
Corporate
67 806
110 000
-
-
income
14 239
23 100
-
-
total
14 239
23 100
-
-
Dividends
53 568
86 900
-
-
withholding
3 750
6 084
-
-
total
3 750
6 084
-
-
Income
110 000
110 000
110 000
110 000
Total tax
35 450
29 184
46 370
50 920
After tax
74 550
80 816
63 630
59 080
Living cost
24 732
24 732
24 732
24 732
Free-cash
49 818
56 084
38 898
34 348

Estimated living cost  is ₽24732 per week

₽17474
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1670
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽398
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5189
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16070
₽5060
₽15304
₽8220
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
110 000
income
-
-
-
25 903
pensions
-
-
-
7 239
total
-
-
-
33 142
Employee
87 090
-
96 573
-
pensions
8 402
-
9 284
-
income
15 699
-
19 072
-
health
1 435
-
1 604
-
total
25 536
-
29 960
-
Employer
87 090
-
96 573
-
health
1 654
-
1 834
-
pensions
10 283
-
11 592
-
total
11 937
-
13 426
-
Corporate
10 973
110 000
-
-
income

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

2 086
20 900
-
-
total
2 086
20 900
-
-
Dividends
8 887
89 100
-
-
withholding
667
11 476
-
-
total
667
11 476
-
-
Income
110 000
110 000
110 000
110 000
Total tax
40 226
32 376
43 386
33 142
After tax
69 774
77 624
66 614
76 858
Living cost
61 554
61 554
61 554
61 554
Free-cash
8 220
16 070
5 060
15 304

Estimated living cost  is ₽61554 per week

₽46124
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7232
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽501
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7698
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽81880
₽76409
₽72673
₽77570
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
130
health
-
-
-
3 729
pensions

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

-
-
-
4 798
total
-
-
-
25 157
Employee
16 114
-
103 639
-
accident

We are using the highest rate at 1.1%.

177
-
357
-
pensions

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

1 415
-
2 847
-
income
1 611
-
10 364
-
health
741
-
1 491
-
total
3 944
-
15 059
-
Employer
16 114
-
103 639
-
health
1 112
-
2 237
-
pensions

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

1 776
-
3 573
-
accident

We are using the highest rate at 1.1%.

177
-
357
-
unemployment
96
-
195
-
total
3 161
-
6 362
-
Corporate
90 724
110 000
-
-
income
9 073
11 000
-
-
total
9 073
11 000
-
-
Dividends
81 651
99 000
-
-
withholding
4 082
4 950
-
-
total
4 082
4 950
-
-
Income
110 000
110 000
110 000
110 000
Total tax
20 260
15 950
21 421
25 157
After tax
89 740
94 050
88 579
84 843
Living cost
12 170
12 170
12 170
12 170
Free-cash
77 570
81 880
76 409
72 673

Estimated living cost  is ₽12170 per week

₽7105
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽869
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽322
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3874
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2194
₽7128
₽11527
₽4531
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
24 685
health
-
-
-
11 445
pensions
-
-
-
10 875
total
-
-
-
47 005
Employee
86 052
79 261
93 609
-
pensions
10 875
10 875
10 875
-
income

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

12 974
12 974
12 974
-
health
10 735
10 348
11 165
-
total
34 584
34 197
35 014
-
Employer
86 052
79 261
93 609
-
health
5 980
5 510
6 506
-
pensions
5 989
5 517
6 515
-
unemployment
3 098
2 853
3 369
-
total
15 067
13 880
16 390
-
Corporate
8 881
16 860
-
-
income
1 775
3 371
-
-
total
1 775
3 371
-
-
Dividends
7 106
13 488
-
-
income
1 509
2 866
-
-
withholding
1 066
2 024
-
-
total
2 575
4 890
-
-
Income
110 000
110 000
110 000
110 000
Total tax
54 001
56 338
51 404
47 005
After tax
55 999
53 662
58 596
62 995
Living cost
51 468
51 468
51 468
51 468
Free-cash
4 531
2 194
7 128
11 527

Estimated living cost  is ₽51468 per week

₽37966
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4597
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.
₽8315
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52629
₽32715
₽30470
₽44385
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 454
social contributions
-
-
-
32 120
solidarity contribution
-
-
-
-
health
-
-
-
14 850
total
-
-
-
56 424
Employee
33 980
-
82 090
-
solidarity contribution
-
-
-
-
social contributions
2 209
-
5 336
-
income
4 078
-
9 851
-
health
4 587
-
11 082
-
total
10 874
-
26 269
-
Employer
33 980
-
82 090
-
health
3 058
-
7 388
-
social contributions
8 495
-
20 522
-
total
11 553
-
27 910
-
Corporate
64 467
110 000
-
-
income
12 249
20 900
-
-
total
12 249
20 900
-
-
Dividends
52 218
89 100
-
-
withholding
7 833
13 365
-
-
total
7 833
13 365
-
-
Income
110 000
110 000
110 000
110 000
Total tax
42 509
34 265
54 179
56 424
After tax
67 491
75 735
55 821
53 576
Living cost
23 106
23 106
23 106
23 106
Free-cash
44 385
52 629
32 715
30 470

Estimated living cost  is ₽23106 per week

₽16050
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1644
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽454
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4958
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19525
₽10845
₽16079
₽14679
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 243
municipal
-
-
-
653
national
-
-
-
24 567
total
-
-
-
54 756
Employee
82 489
-
110 000
-
municipal
437
-
583
-
national
14 293
-
21 223
-
regional
778
-
1 092
-
social contributions
27 815
-
37 092
-
total
43 323
-
59 990
-
Employer
82 489
-
110 000
-
total
-
-
-
-
Corporate
27 511
110 000
-
-
municipal
1 073
4 291
-
-
nationa
6 603
26 399
-
-
total
7 676
30 690
-
-
Dividends
19 835
79 310
-
-
withholding
5 157
20 620
-
-
total
5 157
20 620
-
-
Income
110 000
110 000
110 000
110 000
Total tax
56 156
51 310
59 990
54 756
After tax
53 844
58 690
50 010
55 244
Living cost
39 165
39 165
39 165
39 165
Free-cash
14 679
19 525
10 845
16 079

Estimated living cost  is ₽39165 per week

₽27301
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2568
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽601
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8694
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48708
₽31682
₽33491
₽45819
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
22 957
other
-
-
-
-
surtax
-
-
-
3 051
unemployment
-
-
-
211
health
-
-
-
7 810
pensions
-
-
-
21 999
total
-
-
-
56 028
Employee
30 694
-
90 873
-
other
-
-
-
-
unemployment
2 137
-
6 325
-
pensions
2 047
-
6 061
-
surtax
100
-
2 764
-
income
5 145
-
21 244
-
health
784
-
2 316
-
total
10 213
-
38 710
-
Employer
30 694
-
90 873
-
health
1 397
-
4 134
-
pensions
4 092
-
12 113
-
unemployment
972
-
2 880
-
other
-
-
-
-
total
6 461
-
19 127
-
Corporate
72 846
110 000
-
-
income
18 940
28 601
-
-
total
18 940
28 601
-
-
Dividends
53 906
81 399
-
-
withholding
8 086
12 210
-
-
total
8 086
12 210
-
-
Income
110 000
110 000
110 000
110 000
Total tax
43 700
40 811
57 837
56 028
After tax
66 300
69 189
52 163
53 972
Living cost
20 481
20 481
20 481
20 481
Free-cash
45 819
48 708
31 682
33 491

Estimated living cost  is ₽20481 per week

₽12523
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1890
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽5596
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35572
₽24562
₽34806
₽33122
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
110 000
income
-
-
-
25 903
pensions
-
-
-
7 239
total
-
-
-
33 142
Employee
58 366
-
96 573
-
pensions
4 954
-
9 284
-
income
10 512
-
19 072
-
health
847
-
1 604
-
total
16 313
-
29 960
-
Employer
58 366
-
96 573
-
health
1 109
-
1 834
-
pensions
6 318
-
11 592
-
total
7 427
-
13 426
-
Corporate
44 208
110 000
-
-
income

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

8 400
20 900
-
-
total
8 400
20 900
-
-
Dividends
35 808
89 100
-
-
withholding
2 686
11 476
-
-
total
2 686
11 476
-
-
Income
110 000
110 000
110 000
110 000
Total tax
34 826
32 376
43 386
33 142
After tax
75 174
77 624
66 614
76 858
Living cost
42 052
42 052
42 052
42 052
Free-cash
33 122
35 572
24 562
34 806

Estimated living cost  is ₽42052 per week

₽31505
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3152
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽440
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6955
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽23625
₽11841
₽17300
₽8005
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
2 201
regional
-
-
-
4 137
health
-
-
-
247
city
-
-
-
1 160
national
-
-
-
911
pensions
-
-
-
10 120
total
-
-
-
18 776
Employee
86 510
-
98 456
-
unemployment
-
-
-
-
pensions
7 268
-
8 270
-
national
409
-
685
-
regional
2 833
-
3 539
-
city
928
-
1 058
-
health
196
-
222
-
total
11 634
-
13 774
-
Employer
86 510
-
98 456
-
health
196
-
222
-
pensions
7 268
-
8 270
-
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.

1 730
-
1 969
-
total
9 194
-
10 461
-
Corporate
13 346
110 000
-
-
regional
2 823
23 266
-
-
national
1 133
9 351
-
-
total
3 956
32 617
-
-
Dividends
9 389
77 383
-
-
withholding
3 287
27 084
-
-
total
3 287
27 084
-
-
Income
110 000
110 000
110 000
110 000
Total tax
28 071
59 701
24 235
18 776
After tax
81 929
50 299
85 765
91 224
Living cost
73 924
73 924
73 924
73 924
Free-cash
8 005
-23 625
11 841
17 300

Estimated living cost  is ₽73924 per week

₽48072
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6634
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽908
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18310
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽11917
₽31524
₽20059
₽26971
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
28 071
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.

-
-
-
1 545
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.

-
-
-
6 341
trade
-
-
-
11 465
total
-
-
-
47 422
Employee

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

55 781
-
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.

361
-
1 545
-
income

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

6 559
-
28 071
-
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.

6 341
-
6 341
-
total
13 261
-
35 957
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
54 219
110 000
-
-
income
8 132
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.

447
907
-
-
chamber of commerce
217
296
-
-
trade
9 298
18 866
-
-
total
18 094
36 569
-
-
Dividends
36 125
73 431
-
-
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.

477
990
-
-
withholding
8 678
18 005
-
-
total
9 155
18 995
-
-
Income
110 000
110 000
110 000
110 000
Total tax
40 510
55 564
35 957
47 422
After tax
69 490
54 436
74 043
62 578
Living cost
42 519
42 519
42 519
42 519
Free-cash
26 971
11 917
31 524
20 059

Estimated living cost  is ₽42519 per week

₽31054
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3401
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.
₽7512
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23684
₽34634
₽31099
₽29170
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 907
other
-
-
-
3 410
surtax
-
-
-
-
social contributions
-
-
-
3 135
health
-
-
-
2 982
pensions
-
-
-
24 712
total
-
-
-
47 146
Employee
39 724
-
88 112
-
pensions
4 491
-
4 842
-
surtax
-
-
-
-
social contributions
1 133
-
2 512
-
income
2 344
-
14 374
-
total
7 968
-
21 728
-
Employer
39 724
-
88 112
-
health
2 781
-
6 631
-
pensions
6 526
-
8 379
-
unemployment
1 608
-
3 569
-
social contributions
120
-
264
-
other
1 370
-
3 040
-
total
12 405
-
21 883
-
Corporate
57 871
110 000
-
-
income
16 204
30 801
-
-
surtax
-
-
-
-
total
16 204
30 801
-
-
Dividends
41 667
79 199
-
-
surtax
-
-
-
-
social contributions
7 165
13 622
-
-
withholding
5 333
10 138
-
-
total
12 498
23 760
-
-
Income
110 000
110 000
110 000
110 000
Total tax
49 075
54 561
43 611
47 146
After tax
60 925
55 439
66 389
62 854
Living cost
31 755
31 755
31 755
31 755
Free-cash
29 170
23 684
34 634
31 099

Estimated living cost  is ₽31755 per week

₽20023
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2582
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽541
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8611
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26830
₽37780
₽34245
₽31986
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 907
other
-
-
-
3 410
surtax
-
-
-
-
social contributions
-
-
-
3 135
health
-
-
-
2 982
pensions
-
-
-
24 712
total
-
-
-
47 146
Employee
35 459
-
88 112
-
pensions
4 011
-
4 842
-
surtax
-
-
-
-
social contributions
1 011
-
2 512
-
income
1 828
-
14 374
-
total
6 850
-
21 728
-
Employer
35 459
-
88 112
-
health
2 482
-
6 631
-
pensions
5 827
-
8 379
-
unemployment
1 436
-
3 569
-
social contributions
106
-
264
-
other
1 224
-
3 040
-
total
11 075
-
21 883
-
Corporate
63 467
110 000
-
-
income
17 770
30 801
-
-
surtax
-
-
-
-
total
17 770
30 801
-
-
Dividends
45 697
79 199
-
-
surtax
-
-
-
-
social contributions
7 861
13 622
-
-
withholding
5 849
10 138
-
-
total
13 710
23 760
-
-
Income
110 000
110 000
110 000
110 000
Total tax
49 405
54 561
43 611
47 146
After tax
60 595
55 439
66 389
62 854
Living cost
28 609
28 609
28 609
28 609
Free-cash
31 986
26 830
37 780
34 245

Estimated living cost  is ₽28609 per week

₽16592
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2906
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽542
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8569
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47430
₽50264
₽50962
₽47912
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 179
health
-
-
-
7 678
total
-
-
-
39 357
Employee
31 470
-
110 000
-
social contributions
4 344
-
15 179
-
income
5 249
-
17 198
-
health
2 196
-
7 678
-
total
11 789
-
40 055
-
Employer
31 470
-
110 000
-
total
-
-
-
-
Corporate
78 530
110 000
-
-
income

The standard tax rate is 15%. However, small companies and agricultural companies can apply a reduced corporate income tax rate of 0% to the first year of operation when certain conditions are met; and 5% to revenues of less than €300,000 per year. We made calculations based on 5% and skipped 0%.

3 926
5 501
-
-
total
3 926
5 501
-
-
Dividends
74 604
104 499
-
-
social contributions
10 295
14 420
-
-
withholding
11 190
15 674
-
-
health
5 207
7 294
-
-
total
26 692
37 388
-
-
Income
110 000
110 000
110 000
110 000
Total tax
42 407
42 889
40 055
39 357
After tax
67 593
67 111
69 945
70 643
Living cost
19 681
19 681
19 681
19 681
Free-cash
47 912
47 430
50 264
50 962

Estimated living cost  is ₽19681 per week

₽13171
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1214
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4842
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28668
-₽1544
₽21822
₽27235
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
20 803
surtax
-
-
-
183
unemployment
-
-
-
5 693
chamber of commerce
-
-
-
440
health
-
-
-
8 294
pensions
-
-
-
20 060
total
-
-
-
55 473
Employee
46 385
36 988
85 276
-
other
463
370
852
-
unemployment
1 391
1 110
2 557
-
pensions
4 750
3 787
8 733
-
income
5 281
2 728
18 234
-
health
1 795
1 432
3 301
-
total
13 680
9 427
33 677
-
Employer
46 385
36 988
85 276
-
chamber of commerce
185
148
342
-
health
1 753
1 399
3 223
-
pensions
5 821
4 643
10 702
-
accident
602
481
1 108
-
unemployment
1 391
1 110
2 557
-
surtax
183
183
183
-
payroll
1 391
1 110
2 557
-
other
2 203
1 756
4 051
-
total
13 529
10 830
24 723
-
Corporate
50 084
62 183
81 753
-
income

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

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

12 521
15 546
20 439
-
total
12 521
15 546
20 439
-
Dividends
37 563
46 637
-
-
withholding
10 330
12 824
-
-
total
10 330
12 824
-
-
Income
110 000
110 000
110 000
110 000
Total tax
50 060
48 627
78 839
55 473
After tax
59 940
61 373
31 161
54 527
Living cost
32 705
32 705
32 705
32 705
Free-cash
27 235
28 668
-1 544
21 822

Estimated living cost  is ₽32705 per week

₽21813
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2790
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.
₽7565
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27788
₽7869
₽15933
₽13869
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
5 543
social contributions
-
-
-
17 614
national
-
-
-
37 068
total
-
-
-
60 225
Employee

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

66 392
-
85 197
-
unemployment

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

578
-
742
-
communal

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

3 463
-
4 444
-
pensions

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

4 979
-
6 390
-
national
20 411
-
27 905
-
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.

3 119
-
4 004
-
total
32 550
-
43 485
-
Employer

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

66 392
-
85 197
-
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.

4 083
-
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.

5 883
-
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.

863
-
1 108
-
unemployment

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

969
-
1 244
-
surtax
7 528
-
9 663
-
total
19 326
-
24 804
-
Corporate
24 283
110 000
-
-
income
4 856
21 999
-
-
surtax
97
440
-
-
total
4 953
22 439
-
-
Dividends
19 330
87 560
-
-
withholding

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

5 460
25 931
-
-
total
5 460
25 931
-
-
Income
110 000
110 000
110 000
110 000
Total tax
62 289
48 370
68 289
60 225
After tax
47 711
61 630
41 711
49 775
Living cost
33 842
33 842
33 842
33 842
Free-cash
13 869
27 788
7 869
15 933

Estimated living cost  is ₽33842 per week

₽21799
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2959
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8555
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40448
₽23262
₽27092
₽33161
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
110 000
accident
-
-
-
775
income
-
-
-
23 580
other
-
-
-
86
unemployment
-
-
-
602
pensions
-
-
-
24 345
total
-
-
-
49 388
Employee
46 201
-
83 407
-
other
46
-
83
-
unemployment
717
-
1 293
-
pensions
2 172
-
3 921
-
income
9 748
-
21 329
-
total
12 683
-
26 626
-
Employer
46 201
-
83 407
-
pensions
10 903
-
19 685
-
accident
914
-
1 652
-
unemployment
2 542
-
4 587
-
other
368
-
668
-
total
14 727
-
26 592
-
Corporate
49 072
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.

7 361
16 500
-
-
total
7 361
16 500
-
-
Dividends
41 711
93 500
-
-
withholding
8 548
19 532
-
-
total
8 548
19 532
-
-
Income
110 000
110 000
110 000
110 000
Total tax
43 319
36 032
53 218
49 388
After tax
66 681
73 968
56 782
60 612
Living cost
33 520
33 520
33 520
33 520
Free-cash
33 161
40 448
23 262
27 092

Estimated living cost  is ₽33520 per week

₽24684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2378
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.
₽5975
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16208
₽14320
₽9904
₽7749
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 952
accident
-
-
-
928
income
-
-
-
12 106
surtax
-
-
-
5 453
health
-
-
-
7 729
pensions
-
-
-
16 488
total
-
-
-
49 656
Employee
70 289
-
98 259
-
pensions
5 622
-
7 861
-
surtax
4 308
-
6 022
-
income
6 789
-
15 244
-
health
3 128
-
4 372
-
total
19 847
-
33 499
-
Employer
70 289
-
98 259
-
health
2 144
-
2 996
-
pensions
5 622
-
7 861
-
accident
632
-
884
-
total
8 398
-
11 741
-
Corporate
31 313
110 000
-
-
communal
2 114
7 426
-
-
income
4 698
16 500
-
-
surtax
329
1 155
-
-
total
7 141
25 081
-
-
Dividends
24 173
84 918
-
-
income
12 798
5 533
-
-
withholding
3 627
12 738
-
-
total
16 425
18 271
-
-
Income
110 000
110 000
110 000
110 000
Total tax
51 811
43 352
45 240
49 656
After tax
58 189
66 648
64 760
60 344
Living cost
50 440
50 440
50 440
50 440
Free-cash
7 749
16 208
14 320
9 904

Estimated living cost  is ₽50440 per week

₽37837
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3056
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽534
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9011
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48342
₽31316
₽33125
₽45391
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
22 957
other
-
-
-
-
surtax
-
-
-
3 051
unemployment
-
-
-
211
health
-
-
-
7 810
pensions
-
-
-
21 999
total
-
-
-
56 028
Employee
31 257
-
90 873
-
other
-
-
-
-
unemployment
2 175
-
6 325
-
pensions
2 085
-
6 061
-
surtax
111
-
2 764
-
income
5 240
-
21 244
-
health
798
-
2 316
-
total
10 409
-
38 710
-
Employer
31 257
-
90 873
-
health
1 421
-
4 134
-
pensions
4 167
-
12 113
-
unemployment
992
-
2 880
-
other
-
-
-
-
total
6 580
-
19 127
-
Corporate
72 162
110 000
-
-
income
18 762
28 601
-
-
total
18 762
28 601
-
-
Dividends
53 401
81 399
-
-
withholding
8 011
12 210
-
-
total
8 011
12 210
-
-
Income
110 000
110 000
110 000
110 000
Total tax
43 762
40 811
57 837
56 028
After tax
66 238
69 189
52 163
53 972
Living cost
20 847
20 847
20 847
20 847
Free-cash
45 391
48 342
31 316
33 125

Estimated living cost  is ₽20847 per week

₽12587
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1812
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.
₽5966
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32816
₽24619
₽29826
₽30755
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 658
municipal
-
-
-
653
national
-
-
-
24 567
total
-
-
-
55 171
Employee
51 486
-
110 000
-
municipal
273
-
583
-
national
8 157
-
21 223
-
regional
693
-
1 480
-
social contributions
17 362
-
37 092
-
total
26 485
-
60 378
-
Employer
51 486
-
110 000
-
total
-
-
-
-
Corporate
58 514
110 000
-
-
municipal
2 908
5 467
-
-
nationa
14 043
26 399
-
-
total
16 951
31 866
-
-
Dividends
41 562
78 134
-
-
withholding
10 806
20 315
-
-
total
10 806
20 315
-
-
Income
110 000
110 000
110 000
110 000
Total tax
54 242
52 181
60 378
55 171
After tax
55 758
57 819
49 622
54 829
Living cost
25 003
25 003
25 003
25 003
Free-cash
30 755
32 816
24 619
29 826

Estimated living cost  is ₽25003 per week

₽15549
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2533
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽428
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6492
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47262
₽27348
₽25103
₽37104
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 454
social contributions
-
-
-
32 120
solidarity contribution
-
-
-
-
health
-
-
-
14 850
total
-
-
-
56 424
Employee
41 872
-
82 090
-
solidarity contribution
-
-
-
-
social contributions
2 722
-
5 336
-
income
5 025
-
9 851
-
health
5 653
-
11 082
-
total
13 400
-
26 269
-
Employer
41 872
-
82 090
-
health
3 768
-
7 388
-
social contributions
10 468
-
20 522
-
total
14 236
-
27 910
-
Corporate
53 891
110 000
-
-
income
10 239
20 900
-
-
total
10 239
20 900
-
-
Dividends
43 652
89 100
-
-
withholding
6 548
13 365
-
-
total
6 548
13 365
-
-
Income
110 000
110 000
110 000
110 000
Total tax
44 423
34 265
54 179
56 424
After tax
65 577
75 735
55 821
53 576
Living cost
28 473
28 473
28 473
28 473
Free-cash
37 104
47 262
27 348
25 103

Estimated living cost  is ₽28473 per week

₽21174
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1577
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽493
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5229
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31859
₽1580
₽25098
₽31402
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
20 803
surtax
-
-
-
-
unemployment
-
-
-
5 693
chamber of commerce
-
-
-
440
health
-
-
-
8 294
pensions
-
-
-
20 060
total
-
-
-
55 290
Employee
40 572
36 988
85 419
-
other
405
370
854
-
unemployment
1 217
1 110
2 563
-
pensions
4 155
3 787
8 747
-
income
3 614
2 728
18 281
-
health
1 569
1 432
3 306
-
total
10 960
9 427
33 751
-
Employer
40 572
36 988
85 419
-
chamber of commerce
162
148
342
-
health
1 534
1 399
3 229
-
pensions
5 092
4 643
10 720
-
accident
527
481
1 110
-
unemployment
1 217
1 110
2 563
-
surtax
-
-
-
-
payroll
1 217
1 110
2 563
-
other
1 927
1 756
4 056
-
total
11 676
10 647
24 583
-
Corporate
57 752
62 366
81 896
-
income

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

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

14 438
15 592
20 474
-
total
14 438
15 592
20 474
-
Dividends
43 314
46 774
-
-
withholding
11 912
12 863
-
-
total
11 912
12 863
-
-
Income
110 000
110 000
110 000
110 000
Total tax
48 986
48 529
78 808
55 290
After tax
61 014
61 471
31 192
54 710
Living cost
29 612
29 612
29 612
29 612
Free-cash
31 402
31 859
1 580
25 098

Estimated living cost  is ₽29612 per week

₽17763
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3024
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8296
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92666
₽76166
₽97066
₽90447
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We expect you will register a microenterprise to benefit from 1% tax rate. Otherwise you will be taxed at a personal income rate of 20%.

-
-
-
110 000
microenterprise

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

-
-
-
1 100
total
-
-
-
1 100
Employee
14 793
-
110 000
-
income
2 959
-
22 000
-
total
2 959
-
22 000
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

95 207
110 000
-
-
total
-
-
-
-
Dividends
95 207
110 000
-
-
withholding
4 760
5 500
-
-
total
4 760
5 500
-
-
Income
110 000
110 000
110 000
110 000
Total tax
7 719
5 500
22 000
1 100
After tax
102 281
104 500
88 000
108 900
Living cost
11 834
11 834
11 834
11 834
Free-cash
90 447
92 666
76 166
97 066

Estimated living cost  is ₽11834 per week

₽8008
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽497
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽397
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2932
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50840
₽28110
₽31263
₽43076
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
22 763
unemployment
-
-
-
166
health
-
-
-
10 825
pensions
-
-
-
20 088
total
-
-
-
53 842
Employee

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

41 043
-
95 182
-
unemployment
58
-
134
-
pensions
6 362
-
14 753
-
income
7 078
-
21 141
-
health
2 651
-
6 149
-
total
16 149
-
42 177
-
Employer

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

41 043
-
95 182
-
health
2 734
-
6 339
-
pensions
3 632
-
8 423
-
unemployment
25
-
56
-
total
6 391
-
14 818
-
Corporate
62 566
110 000
-
-
income
11 887
20 900
-
-
total
11 887
20 900
-
-
Dividends
50 679
89 100
-
-
withholding
7 602
13 365
-
-
total
7 602
13 365
-
-
Income
110 000
110 000
110 000
110 000
Total tax
42 029
34 265
56 995
53 842
After tax
67 971
75 735
53 005
56 158
Living cost
24 895
24 895
24 895
24 895
Free-cash
43 076
50 840
28 110
31 263

Estimated living cost  is ₽24895 per week

₽17085
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1596
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.
₽5733
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26838
₽57692
₽35933
-₽28520
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
57 477
-
-
-
social contributions
4 713
-
672
-
income
12 678
-
-
-
total
17 391
-
672
-
Employer
57 477
-
-
-
social contributions
81 043
-
11 550
-
total
81 043
-
11 550
-
Corporate
-
110 000
-
-
income
-
24 200
-
-
total
-
24 200
-
-
Dividends
-
85 800
-
-
income
-
18 876
-
-
total
-
18 876
-
-
Income
110 000
110 000
110 000
110 000
Total tax
98 434
43 076
12 222
33 981
After tax
11 566
66 924
97 778
76 019
Living cost
40 086
40 086
40 086
40 086
Free-cash
-28 520
26 838
57 692
35 933

Estimated living cost  is ₽40086 per week

₽26009
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3770
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9795
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33456
₽24889
₽31578
₽32520
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 084
surtax
-
-
-
-
social contributions

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

-
-
-
38 225
total
-
-
-
49 309
Employee
42 688
-
88 888
-
surtax
-
-
-
-
social contributions
4 696
-
9 777
-
income
8 879
-
25 109
-
total
13 575
-
34 886
-
Employer
42 688
-
88 888
-
social contributions
10 138
-
21 112
-
total
10 138
-
21 112
-
Corporate
57 174
110 000
-
-
income
12 007
23 100
-
-
surtax
-
-
-
-
total
12 007
23 100
-
-
Dividends
45 166
86 900
-
-
withholding
12 647
24 331
-
-
total
12 647
24 331
-
-
Income
110 000
110 000
110 000
110 000
Total tax
48 367
47 431
55 998
49 309
After tax
61 633
62 569
54 002
60 691
Living cost
29 113
29 113
29 113
29 113
Free-cash
32 520
33 456
24 889
31 578

Estimated living cost  is ₽29113 per week

₽21783
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1717
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5127
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10610
₽21560
₽18025
₽16990
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 907
other
-
-
-
3 410
surtax
-
-
-
-
social contributions
-
-
-
3 135
health
-
-
-
2 982
pensions
-
-
-
24 712
total
-
-
-
47 146
Employee
58 132
-
88 112
-
pensions
6 575
-
4 842
-
surtax
-
-
-
-
social contributions
1 656
-
2 512
-
income
5 072
-
14 374
-
total
13 303
-
21 728
-
Employer
58 132
-
88 112
-
health
4 069
-
6 631
-
pensions
9 552
-
8 379
-
unemployment
2 355
-
3 569
-
social contributions
174
-
264
-
other
2 006
-
3 040
-
total
18 156
-
21 883
-
Corporate
33 712
110 000
-
-
income
9 439
30 801
-
-
surtax
-
-
-
-
total
9 439
30 801
-
-
Dividends
24 273
79 199
-
-
surtax
-
-
-
-
social contributions
4 176
13 622
-
-
withholding
3 107
10 138
-
-
total
7 283
23 760
-
-
Income
110 000
110 000
110 000
110 000
Total tax
48 181
54 561
43 611
47 146
After tax
61 819
55 439
66 389
62 854
Living cost
44 829
44 829
44 829
44 829
Free-cash
16 990
10 610
21 560
18 025

Estimated living cost  is ₽44829 per week

₽30339
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3667
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽615
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10207
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71100
₽57880
₽54958
₽67983
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 943
social contributions
-
-
-
24 199
total
-
-
-
27 142
Employee
29 839
-
95 238
-
income
-
-
3 269
-
social contributions
1 939
-
6 189
-
total
1 939
-
9 458
-
Employer
29 839
-
95 238
-
social contributions
4 625
-
14 762
-
total
4 625
-
14 762
-
Corporate
75 535
110 000
-
-
income
7 553
11 000
-
-
total
7 553
11 000
-
-
Dividends
67 983
99 000
-
-
total
-
-
-
-
Income
110 000
110 000
110 000
110 000
Total tax
14 117
11 000
24 220
27 142
After tax
95 883
99 000
85 780
82 858
Living cost
27 900
27 900
27 900
27 900
Free-cash
67 983
71 100
57 880
54 958

Estimated living cost  is ₽27900 per week

₽18040
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2103
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7232
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽92029
-₽92029
₽22543
-₽92029
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 736
municipal
-
-
-
21 330
national
-
-
-
11 930
pensions
-
-
-
804
total
-
-
-
42 800
Employee
188 486
188 486
188 486
-
municipal
40 137
40 137
40 137
-
labour market
15 057
15 057
15 057
-
pensions
268
268
268
-
national
23 027
23 027
23 027
-
total
78 489
78 489
78 489
-
Employer
188 486
188 486
188 486
-
national
23 067
23 067
23 067
-
labour market
15 079
15 079
15 079
-
pensions
536
536
536
-
municipal
40 201
40 201
40 201
-
total
78 883
78 883
78 883
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
110 000
110 000
110 000
110 000
Total tax
157 372
157 372
157 372
42 800
After tax
-47 372
-47 372
-47 372
67 200
Living cost
44 657
44 657
44 657
44 657
Free-cash
-92 029
-92 029
-92 029
22 543

Estimated living cost  is ₽44657 per week

₽30564
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3950
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽687
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9456
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽11458
₽37431
₽55029
₽5786
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
237
income
-
-
-
28 059
other
-
-
-
348
health
-
-
-
2 049
pensions
-
-
-
3 910
total
-
-
-
34 603
Employee
32 041
-
95 704
-
pensions
3 608
-
7 169
-
income
4 396
-
19 778
-
health
3 669
-
10 958
-
total
11 673
-
37 905
-
Employer
32 041
-
95 704
-
pensions
5 210
-
10 353
-
accident
535
-
1 598
-
unemployment
785
-
2 345
-
total
6 530
-
14 296
-
Corporate
71 429
110 000
-
-
income

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

64 286
99 000
-
-
total
64 286
99 000
-
-
Dividends
7 143
11 000
-
-
withholding
1 357
2 090
-
-
total
1 357
2 090
-
-
Income
110 000
110 000
110 000
110 000
Total tax
83 846
101 090
52 201
34 603
After tax
26 154
8 910
57 799
75 397
Living cost
20 368
20 368
20 368
20 368
Free-cash
5 786
-11 458
37 431
55 029

Estimated living cost  is ₽20368 per week

₽14826
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1161
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽382
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3999
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36192
₽25471
₽40551
₽35942
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 307
municipal
-
-
-
19 565
national
-
-
-
12 942
total
-
-
-
33 814
Employee
48 832
-
92 538
-
municipal
7 998
-
15 097
-
unemployment
733
-
1 388
-
pensions
3 295
-
6 246
-
national
807
-
7 665
-
health
365
-
1 037
-
total
13 198
-
31 433
-
Employer
48 832
-
92 538
-
health
375
-
713
-
pensions
8 472
-
16 055
-
accident
49
-
93
-
unemployment
317
-
601
-
total
9 213
-
17 462
-
Corporate
51 954
110 000
-
-
income
10 390
21 999
-
-
total
10 390
21 999
-
-
Dividends

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

31 173
66 001
-
-
municipal
5 612
11 880
-
-
national
11
4 294
-
-
total
5 623
16 174
-
-
Income
110 000
110 000
110 000
110 000
Total tax
38 424
38 173
48 895
33 814
After tax
71 576
71 827
61 105
76 186
Living cost
35 634
35 634
35 634
35 634
Free-cash
35 942
36 192
25 471
40 551

Estimated living cost  is ₽35634 per week

₽23276
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3428
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽567
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8365
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58931
₽54500
₽55699
₽53881
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 989
social contributions
-
-
-
15 017
health
-
-
-
2 806
total
-
-
-
32 812
Employee
71 371
71 371
100 158
-
social contributions
2 698
5 923
7 990
-
income
7 771
6 607
14 475
-
health
553
1 214
1 703
-
total
11 022
13 744
24 168
-
Employer
71 371
71 371
100 158
-
health
601
1 321
1 853
-
social contributions
2 698
5 923
7 990
-
total
3 299
7 244
9 843
-
Corporate
74 189
31 385
-
-
income
9 274
3 923
-
-
total
9 274
3 923
-
-
Dividends
64 915
27 462
-
-
withholding
11 035
4 669
-
-
total
11 035
4 669
-
-
Income
110 000
110 000
110 000
110 000
Total tax
34 630
29 580
34 011
32 812
After tax
75 370
80 420
75 989
77 188
Living cost
21 489
21 489
21 489
21 489
Free-cash
53 881
58 931
54 500
55 699

Estimated living cost  is ₽21489 per week

₽12879
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2108
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽476
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6027
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76354
₽56608
₽75225
₽71633
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 750
unemployment
-
-
-
26
health
-
-
-
3 359
pensions
-
-
-
5 904
total
-
-
-
20 039
Employee

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

21 304
-
100 929
-
unemployment
106
-
440
-
pensions
3 195
-
13 210
-
income
1 457
-
8 449
-
health
1 811
-
7 486
-
total
6 569
-
29 585
-
Employer

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

21 304
-
100 929
-
health
916
-
3 787
-
pensions
1 171
-
4 844
-
unemployment
106
-
440
-
total
2 193
-
9 071
-
Corporate
86 503
110 000
-
-
income
7 785
9 901
-
-
total
7 785
9 901
-
-
Dividends
78 718
100 099
-
-
withholding
7 084
9 009
-
-
total
7 084
9 009
-
-
Income
110 000
110 000
110 000
110 000
Total tax
23 631
18 910
38 656
20 039
After tax
86 369
91 090
71 344
89 961
Living cost
14 736
14 736
14 736
14 736
Free-cash
71 633
76 354
56 608
75 225

Estimated living cost  is ₽14736 per week

₽9402
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1062
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽439
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3833
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48445
₽31259
₽35089
₽43685
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
110 000
accident
-
-
-
775
income
-
-
-
23 580
other
-
-
-
86
unemployment
-
-
-
602
pensions
-
-
-
24 345
total
-
-
-
49 388
Employee
34 319
-
83 407
-
other
33
-
83
-
unemployment
532
-
1 293
-
pensions
1 613
-
3 921
-
income
6 617
-
21 329
-
total
8 795
-
26 626
-
Employer
34 319
-
83 407
-
pensions
8 099
-
19 685
-
accident
680
-
1 652
-
unemployment
1 888
-
4 587
-
other
275
-
668
-
total
10 942
-
26 592
-
Corporate
64 739
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.

9 710
16 500
-
-
total
9 710
16 500
-
-
Dividends
55 029
93 500
-
-
withholding
11 345
19 532
-
-
total
11 345
19 532
-
-
Income
110 000
110 000
110 000
110 000
Total tax
40 792
36 032
53 218
49 388
After tax
69 208
73 968
56 782
60 612
Living cost
25 523
25 523
25 523
25 523
Free-cash
43 685
48 445
31 259
35 089

Estimated living cost  is ₽25523 per week

₽17228
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2454
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽447
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5395
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66830
₽68499
₽68627
₽66533
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
37 286
health
-
-
-
957
pensions
-
-
-
1 320
total
-
-
-
39 563
Employee
2 757
-
108 515
-
unemployment
28
-
66
-
pensions
248
-
594
-
income
533
-
37 216
-
health
138
-
330
-
total
947
-
38 206
-
Employer
2 757
-
108 515
-
health
262
-
627
-
pensions
303
-
726
-
unemployment
55
-
132
-
total
620
-
1 485
-
Corporate
106 623
110 000
-
-
income
23 457
24 200
-
-
total
23 457
24 200
-
-
Dividends
83 166
85 800
-
-
withholding
16 633
17 160
-
-
total
16 633
17 160
-
-
Income
110 000
110 000
110 000
110 000
Total tax
41 657
41 360
39 691
39 563
After tax
68 343
68 640
70 309
70 437
Living cost
1 810
1 810
1 810
1 810
Free-cash
66 533
66 830
68 499
68 627

Estimated living cost  is ₽1810 per week

₽1076
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽147
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽41
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽546
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63418
₽44382
₽44383
₽58848
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 622
unemployment
-
-
-
1 029
health
-
-
-
7 068
pensions
-
-
-
17 841
total
-
-
-
49 560
Employee

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

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

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

24 213
-
97 717
-
unemployment
182
-
515
-
pensions
3 390
-
9 607
-
income
3 338
-
23 622
-
health
1 247
-
3 534
-
total
8 157
-
37 278
-
Employer

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

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

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

24 213
-
97 717
-
health
1 247
-
3 534
-
pensions
2 906
-
8 234
-
unemployment
182
-
515
-
total
4 335
-
12 283
-
Corporate
81 453
110 000
-
-
income
12 218
16 500
-
-
total
12 218
16 500
-
-
Dividends
69 235
93 500
-
-
withholding
10 385
14 025
-
-
total
10 385
14 025
-
-
Income
110 000
110 000
110 000
110 000
Total tax
35 095
30 525
49 561
49 560
After tax
74 905
79 475
60 439
60 440
Living cost
16 057
16 057
16 057
16 057
Free-cash
58 848
63 418
44 382
44 383

Estimated living cost  is ₽16057 per week

₽10811
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1242
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3539
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37547
₽28980
₽35669
₽37211
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 084
surtax
-
-
-
-
social contributions

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

-
-
-
38 225
total
-
-
-
49 309
Employee
36 024
-
88 888
-
surtax
-
-
-
-
social contributions
3 963
-
9 777
-
income
7 039
-
25 109
-
total
11 002
-
34 886
-
Employer
36 024
-
88 888
-
social contributions
8 555
-
21 112
-
total
8 555
-
21 112
-
Corporate
65 421
110 000
-
-
income
13 739
23 100
-
-
surtax
-
-
-
-
total
13 739
23 100
-
-
Dividends
51 683
86 900
-
-
withholding
14 471
24 331
-
-
total
14 471
24 331
-
-
Income
110 000
110 000
110 000
110 000
Total tax
47 767
47 431
55 998
49 309
After tax
62 233
62 569
54 002
60 691
Living cost
25 022
25 022
25 022
25 022
Free-cash
37 211
37 547
28 980
35 669

Estimated living cost  is ₽25022 per week

₽17723
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1738
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽444
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5118
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41348
₽24162
₽27992
₽34377
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
110 000
accident
-
-
-
775
income
-
-
-
23 580
other
-
-
-
86
unemployment
-
-
-
602
pensions
-
-
-
24 345
total
-
-
-
49 388
Employee
44 826
-
83 407
-
other
44
-
83
-
unemployment
694
-
1 293
-
pensions
2 107
-
3 921
-
income
9 362
-
21 329
-
total
12 207
-
26 626
-
Employer
44 826
-
83 407
-
pensions
10 579
-
19 685
-
accident
888
-
1 652
-
unemployment
2 466
-
4 587
-
other
359
-
668
-
total
14 292
-
26 592
-
Corporate
50 883
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.

7 632
16 500
-
-
total
7 632
16 500
-
-
Dividends
43 251
93 500
-
-
withholding
8 872
19 532
-
-
total
8 872
19 532
-
-
Income
110 000
110 000
110 000
110 000
Total tax
43 003
36 032
53 218
49 388
After tax
66 997
73 968
56 782
60 612
Living cost
32 620
32 620
32 620
32 620
Free-cash
34 377
41 348
24 162
27 992

Estimated living cost  is ₽32620 per week

₽23426
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2536
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.
₽6198
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78083
₽72612
₽68876
₽72426
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
130
health
-
-
-
3 729
pensions

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

-
-
-
4 798
total
-
-
-
25 157
Employee
21 143
-
103 639
-
accident

We are using the highest rate at 1.1%.

232
-
357
-
pensions

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

1 856
-
2 847
-
income
2 115
-
10 364
-
health
973
-
1 491
-
total
5 176
-
15 059
-
Employer
21 143
-
103 639
-
health
1 459
-
2 237
-
pensions

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

2 330
-
3 573
-
accident

We are using the highest rate at 1.1%.

232
-
357
-
unemployment
127
-
195
-
total
4 148
-
6 362
-
Corporate
84 709
110 000
-
-
income
8 471
11 000
-
-
total
8 471
11 000
-
-
Dividends
76 238
99 000
-
-
withholding
3 812
4 950
-
-
total
3 812
4 950
-
-
Income
110 000
110 000
110 000
110 000
Total tax
21 607
15 950
21 421
25 157
After tax
88 393
94 050
88 579
84 843
Living cost
15 967
15 967
15 967
15 967
Free-cash
72 426
78 083
72 612
68 876

Estimated living cost  is ₽15967 per week

₽10561
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽914
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽381
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4112
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20866
₽38209
₽28617
₽33009
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
28 071
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.

-
-
-
1 545
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.

-
-
-
6 341
trade
-
-
-
9 592
total
-
-
-
45 549
Employee

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

46 182
-
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.

210
-
1 545
-
income

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

3 797
-
28 071
-
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.

6 341
-
6 341
-
total
10 348
-
35 957
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
63 818
110 000
-
-
income
9 573
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.

527
907
-
-
chamber of commerce
234
303
-
-
trade
9 157
15 785
-
-
total
19 491
33 495
-
-
Dividends
44 327
76 504
-
-
surtax

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

590
1 032
-
-
withholding
10 728
18 773
-
-
total
11 318
19 805
-
-
Income
110 000
110 000
110 000
110 000
Total tax
41 157
53 300
35 957
45 549
After tax
68 843
56 700
74 043
64 451
Living cost
35 834
35 834
35 834
35 834
Free-cash
33 009
20 866
38 209
28 617

Estimated living cost  is ₽35834 per week

₽24719
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3856
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6739
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

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
₽24129
₽18325
₽18325
₽26176
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
110 000
income
-
-
-
28 659
social contributions
-
-
-
10 144
total
-
-
-
38 803
Employee
72 603
-
110 000
-
income
13 700
-
28 659
-
social contributions
6 032
-
10 144
-
total
19 732
-
38 803
-
Employer
72 603
-
110 000
-
total
-
-
-
-
Corporate
37 397
110 000
-
-
income
4 675
13 749
-
-
total
4 675
13 749
-
-
Dividends
32 723
96 251
-
-
withholding
6 545
19 250
-
-
total
6 545
19 250
-
-
Income
110 000
110 000
110 000
110 000
Total tax
30 952
32 999
38 803
38 803
After tax
79 048
77 001
71 197
71 197
Living cost
52 872
52 872
52 872
52 872
Free-cash
26 176
24 129
18 325
18 325

Estimated living cost  is ₽52872 per week

₽40224
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4308
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽506
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7835
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32904
₽47361
₽44199
₽36147
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
110 000
income
-
-
-
26 420
health

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

-
-
-
5 689
total
-
-
-
32 109
Employee
42 578
-
105 730
-
income
4 620
-
20 407
-
social contributions
4 266
-
4 270
-
total
8 886
-
24 677
-
Employer
42 578
-
105 730
-
social contributions
4 266
-
4 270
-
total
4 266
-
4 270
-
Corporate
63 156
110 000
-
-
income
22 105
38 500
-
-
total
22 105
38 500
-
-
Dividends
41 051
71 500
-
-
social contributions
4 904
4 904
-
-
total
4 904
4 904
-
-
Income
110 000
110 000
110 000
110 000
Total tax
40 161
43 404
28 947
32 109
After tax
69 839
66 596
81 053
77 891
Living cost
33 692
33 692
33 692
33 692
Free-cash
36 147
32 904
47 361
44 199

Estimated living cost  is ₽33692 per week

₽22193
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2656
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽516
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8326
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43437
₽32427
₽42671
₽43037
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
110 000
income
-
-
-
25 903
pensions
-
-
-
7 239
total
-
-
-
33 142
Employee
46 927
-
96 573
-
pensions
3 582
-
9 284
-
income
8 546
-
19 072
-
health
612
-
1 604
-
total
12 740
-
29 960
-
Employer
46 927
-
96 573
-
health
892
-
1 834
-
pensions
4 741
-
11 592
-
total
5 633
-
13 426
-
Corporate
57 440
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.

10 913
20 900
-
-
total
10 913
20 900
-
-
Dividends
46 527
89 100
-
-
withholding
3 490
11 476
-
-
total
3 490
11 476
-
-
Income
110 000
110 000
110 000
110 000
Total tax
32 776
32 376
43 386
33 142
After tax
77 224
77 624
66 614
76 858
Living cost
34 187
34 187
34 187
34 187
Free-cash
43 037
43 437
32 427
42 671

Estimated living cost  is ₽34187 per week

₽23452
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3144
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽428
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7161
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽13475
₽35414
₽53012
₽5476
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
237
income
-
-
-
28 059
other
-
-
-
348
health
-
-
-
2 049
pensions
-
-
-
3 910
total
-
-
-
34 603
Employee
35 212
-
95 704
-
pensions
3 965
-
7 169
-
income
4 831
-
19 778
-
health
4 032
-
10 958
-
total
12 828
-
37 905
-
Employer
35 212
-
95 704
-
pensions
5 725
-
10 353
-
accident
588
-
1 598
-
unemployment
863
-
2 345
-
total
7 176
-
14 296
-
Corporate
67 612
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.

60 850
99 000
-
-
total
60 850
99 000
-
-
Dividends
6 761
11 000
-
-
withholding
1 285
2 090
-
-
total
1 285
2 090
-
-
Income
110 000
110 000
110 000
110 000
Total tax
82 139
101 090
52 201
34 603
After tax
27 861
8 910
57 799
75 397
Living cost
22 385
22 385
22 385
22 385
Free-cash
5 476
-13 475
35 414
53 012

Estimated living cost  is ₽22385 per week

₽16428
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1304
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4201
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80041
₽59758
₽49896
₽75703
S + D Salary + Dividends

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

Dividends

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

Salary

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

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

20 038
-
110 000
-
health insurance
1 483
-
5 486
-
unemployment
240
-
890
-
work injury
100
-
371
-
pensions
3 687
-
13 641
-
income
2 004
-
17 330
-
total
7 514
-
37 718
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
89 962
110 000
-
-
income

Macedonia has a simplified tax regime. Before 3,000,000 MKD per annum you will be taxed at 0%, and before 6,000,000 MKD it is 1%.

900
1 100
-
-
total
900
1 100
-
-
Dividends
89 062
108 900
-
-
withholding
13 359
16 335
-
-
total
13 359
16 335
-
-
Income
110 000
110 000
110 000
110 000
Total tax
21 773
17 435
37 718
47 580
After tax
88 227
92 565
72 282
62 420
Living cost
12 524
12 524
12 524
12 524
Free-cash
75 703
80 041
59 758
49 896

Estimated living cost  is ₽12524 per week

₽7759
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽910
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽391
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3464
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

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Rome , Italy
₽20965
₽12043
₽17072
₽16743
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 356
municipal
-
-
-
736
national
-
-
-
24 567
total
-
-
-
55 952
Employee
78 212
-
110 000
-
municipal
467
-
657
-
national
13 217
-
21 223
-
regional
1 181
-
2 009
-
social contributions
26 373
-
37 092
-
total
41 238
-
60 981
-
Employer
78 212
-
110 000
-
total
-
-
-
-
Corporate
31 788
110 000
-
-
municipal
1 532
5 302
-
-
nationa
7 628
26 399
-
-
total
9 160
31 701
-
-
Dividends
22 627
78 299
-
-
withholding
5 883
20 358
-
-
total
5 883
20 358
-
-
Income
110 000
110 000
110 000
110 000
Total tax
56 281
52 059
60 981
55 952
After tax
53 719
57 941
49 019
54 048
Living cost
36 976
36 976
36 976
36 976
Free-cash
16 743
20 965
12 043
17 072

Estimated living cost  is ₽36976 per week

₽25973
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2543
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽558
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7900
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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