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
₽27033
₽45700
₽35275
₽37456
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
27 797
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.

-
-
-
1 529
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.

-
-
-
6 437
trade
-
-
-
10 425
total
-
-
-
46 188
Employee

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

36 036
-
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
-
1 529
-
income

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

1 007
-
27 797
-
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.

6 437
-
6 437
-
total
7 499
-
35 763
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
73 964
110 000
-
-
income
11 094
16 501
-
-
surtax

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

610
908
-
-
chamber of commerce
249
300
-
-
trade
11 650
17 325
-
-
total
23 603
35 034
-
-
Dividends
50 361
74 965
-
-
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.

672
1 012
-
-
withholding
12 233
18 384
-
-
total
12 905
19 396
-
-
Income
110 000
110 000
110 000
110 000
Total tax
44 007
54 430
35 763
46 188
After tax
65 993
55 570
74 237
63 812
Living cost
28 537
28 537
28 537
28 537
Free-cash
37 456
27 033
45 700
35 275

Estimated living cost  is ₽28537 per week

₽17951
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3327
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽533
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6726
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18469
₽16747
₽15884
₽17635
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 595
national
-
-
-
17 967
pensions
-
-
-
13 200
total
-
-
-
43 945
Employee
77 774
-
95 094
-
municipal
9 606
-
12 021
-
pensions
3 111
-
3 804
-
national
14 886
-
18 627
-
total
27 603
-
34 452
-
Employer
77 774
-
95 094
-
pensions
6 222
-
7 608
-
social contributions
836
-
1 022
-
total
7 058
-
8 630
-
Corporate
20 035
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%.

4 007
22 000
-
-
total
4 007
22 000
-
-
Dividends
16 028
88 000
-
-
withholding
3 526
19 360
-
-
total
3 526
19 360
-
-
Income
110 000
110 000
110 000
110 000
Total tax
42 194
41 360
43 082
43 945
After tax
67 806
68 640
66 918
66 055
Living cost
50 170
50 170
50 170
50 170
Free-cash
17 635
18 469
16 747
15 884

Estimated living cost  is ₽50170 per week

₽34100
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4664
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽751
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10655
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68398
₽42220
₽38941
₽60671
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 093
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.

-
-
-
35 365
microenterprise
-
-
-
-
total
-
-
-
51 458
Employee
27 531
-
88 645
-
surtax
-
-
-
-
social contributions

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

3 029
-
9 751
-
income
4 901
-
17 073
-
total
7 930
-
26 824
-
Employer
27 531
-
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.

6 631
-
21 355
-
surtax
-
-
-
-
total
6 631
-
21 355
-
Corporate
75 838
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%.

15 167
22 001
-
-
total
15 167
22 001
-
-
Dividends

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

60 671
87 999
-
-
total
-
-
-
-
Income
110 000
110 000
110 000
110 000
Total tax
29 728
22 001
48 179
51 458
After tax
80 272
87 999
61 821
58 542
Living cost
19 601
19 601
19 601
19 601
Free-cash
60 671
68 398
42 220
38 941

Estimated living cost  is ₽19601 per week

₽12505
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1867
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽445
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4785
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14158
₽18678
₽23449
₽8386
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
24 425
health
-
-
-
11 618
pensions
-
-
-
11 039
total
-
-
-
47 082
Employee
80 457
80 457
93 608
-
pensions
14 482
11 039
11 039
-
income

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

13 170
13 170
13 170
-
health
12 349
10 504
11 253
-
total
40 001
34 713
35 462
-
Employer
80 457
80 457
93 608
-
health
5 593
5 593
6 506
-
pensions
5 600
5 600
6 515
-
unemployment
2 896
2 896
3 370
-
total
14 089
14 089
16 391
-
Corporate
16 441
15 454
-
-
income
3 288
3 091
-
-
total
3 288
3 091
-
-
Dividends
13 153
12 363
-
-
income
2 795
2 626
-
-
withholding
1 972
1 854
-
-
total
4 767
4 480
-
-
Income
110 000
110 000
110 000
110 000
Total tax
62 145
56 373
51 853
47 082
After tax
47 855
53 627
58 147
62 918
Living cost
39 469
39 469
39 469
39 469
Free-cash
8 386
14 158
18 678
23 449

Estimated living cost  is ₽39469 per week

₽27970
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3558
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽628
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7313
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22440
₽20147
₽21162
₽21595
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
165
other
-
-
-
9 581
unemployment
-
-
-
82
health
-
-
-
5 145
municipal
-
-
-
25 679
national
-
-
-
1 653
pensions
-
-
-
8 913
total
-
-
-
51 218
Employee
53 604
-
84 095
-
municipal
15 985
-
25 077
-
national
-
-
1 249
-
total
15 985
-
26 326
-
Employer
53 604
-
84 095
-
health
3 297
-
5 071
-
pensions
5 795
-
8 913
-
accident
107
-
165
-
unemployment
1 415
-
2 177
-
other
6 229
-
9 581
-
total
16 843
-
25 907
-
Corporate
39 553
110 000
-
-
income
8 702
24 200
-
-
total
8 702
24 200
-
-
Dividends
30 851
85 800
-
-
withholding
9 255
25 740
-
-
total
9 255
25 740
-
-
Income
110 000
110 000
110 000
110 000
Total tax
50 785
49 940
52 233
51 218
After tax
59 215
60 060
57 767
58 782
Living cost
37 620
37 620
37 620
37 620
Free-cash
21 595
22 440
20 147
21 162

Estimated living cost  is ₽37620 per week

₽24933
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3692
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8424
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17993
₽37225
₽26336
₽31232
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
27 797
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.

-
-
-
1 529
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.

-
-
-
6 437
trade
-
-
-
10 889
total
-
-
-
46 652
Employee

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

47 779
-
110 000
-
surtax

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

225
-
1 529
-
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.

4 105
-
27 797
-
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.

6 437
-
6 437
-
total
10 767
-
35 763
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
62 221
110 000
-
-
income
9 333
16 501
-
-
surtax

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

513
908
-
-
chamber of commerce
231
299
-
-
trade
10 236
18 096
-
-
total
20 313
35 804
-
-
Dividends
41 908
74 197
-
-
surtax

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

556
1 001
-
-
withholding
10 120
18 190
-
-
total
10 676
19 191
-
-
Income
110 000
110 000
110 000
110 000
Total tax
41 756
54 995
35 763
46 652
After tax
68 244
55 005
74 237
63 348
Living cost
37 012
37 012
37 012
37 012
Free-cash
31 232
17 993
37 225
26 336

Estimated living cost  is ₽37012 per week

₽24754
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3903
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽552
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7803
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49870
₽45456
₽46661
₽45962
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 731
social contributions
-
-
-
15 244
health
-
-
-
2 805
total
-
-
-
32 780
Employee
72 448
72 448
100 039
-
social contributions
3 520
6 013
8 110
-
income
7 608
6 707
14 214
-
health
721
1 232
1 700
-
total
11 849
13 952
24 024
-
Employer
72 448
72 448
100 039
-
health
785
1 341
1 851
-
social contributions
3 520
6 013
8 110
-
total
4 305
7 354
9 961
-
Corporate
63 287
30 198
-
-
income
7 912
3 774
-
-
total
7 912
3 774
-
-
Dividends
55 375
26 424
-
-
withholding
9 413
4 491
-
-
total
9 413
4 491
-
-
Income
110 000
110 000
110 000
110 000
Total tax
33 479
29 571
33 985
32 780
After tax
76 521
80 429
76 015
77 220
Living cost
30 559
30 559
30 559
30 559
Free-cash
45 962
49 870
45 456
46 661

Estimated living cost  is ₽30559 per week

₽20890
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2387
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6769
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44996
₽46858
₽59294
₽45347
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

24 409
9 714
92 050
-
unemployment
366
146
1 381
-
pensions
2 441
971
9 205
-
income
2 984
1 188
11 253
-
health
1 709
680
6 444
-
total
7 500
2 985
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.

24 409
9 714
92 050
-
pensions
4 760
1 894
17 950
-
total
4 760
1 894
17 950
-
Corporate
80 831
98 391
-
-
income
7 275
8 855
-
-
total
7 275
8 855
-
-
Dividends
73 556
89 536
-
-
social contributions
14 233
17 349
-
-
withholding
13 976
17 012
-
-
total
28 209
34 361
-
-
Income
110 000
110 000
110 000
110 000
Total tax
47 744
48 095
46 233
33 797
After tax
62 256
61 905
63 767
76 203
Living cost
16 909
16 909
16 909
16 909
Free-cash
45 347
44 996
46 858
59 294

Estimated living cost  is ₽16909 per week

₽11539
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1384
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽338
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3649
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65242
₽40644
₽36202
₽59390
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
110 000
income
-
-
-
14 740
health
-
-
-
14 300
pensions
-
-
-
22 001
total
-
-
-
51 041
Employee
26 728
-
82 212
-
unemployment
427
-
1 316
-
pensions
535
-
1 645
-
income
3 009
-
15 850
-
total
3 971
-
18 811
-
Employer
26 728
-
82 212
-
health
3 474
-
10 688
-
pensions
5 346
-
16 442
-
unemployment
215
-
658
-
total
9 035
-
27 788
-
Corporate
74 238
110 000
-
-
income
14 847
22 001
-
-
total
14 847
22 001
-
-
Dividends
59 391
87 999
-
-
total
-
-
-
-
Income
110 000
110 000
110 000
110 000
Total tax
27 853
22 001
46 599
51 041
After tax
82 147
87 999
63 401
58 959
Living cost
22 757
22 757
22 757
22 757
Free-cash
59 390
65 242
40 644
36 202

Estimated living cost  is ₽22757 per week

₽15609
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1355
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5335
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽12134
₽36652
₽54363
₽5682
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
242
income
-
-
-
27 931
other
-
-
-
354
health
-
-
-
2 086
pensions
-
-
-
3 980
total
-
-
-
34 593
Employee
33 103
-
95 526
-
pensions
3 728
-
7 298
-
income
4 541
-
19 595
-
health
3 790
-
10 938
-
total
12 059
-
37 831
-
Employer
33 103
-
95 526
-
pensions
5 383
-
10 538
-
accident
553
-
1 595
-
unemployment
811
-
2 340
-
total
6 747
-
14 473
-
Corporate
70 150
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.

63 135
99 000
-
-
total
63 135
99 000
-
-
Dividends
7 015
11 000
-
-
withholding
1 333
2 090
-
-
total
1 333
2 090
-
-
Income
110 000
110 000
110 000
110 000
Total tax
83 274
101 090
52 304
34 593
After tax
26 726
8 910
57 696
75 407
Living cost
21 044
21 044
21 044
21 044
Free-cash
5 682
-12 134
36 652
54 363

Estimated living cost  is ₽21044 per week

₽15423
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1166
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.
₽4016
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96893
₽80393
₽101293
₽95466
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 509
-
110 000
-
income
1 902
-
22 000
-
total
1 902
-
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%.

100 491
110 000
-
-
total
-
-
-
-
Dividends
100 491
110 000
-
-
withholding
5 025
5 500
-
-
total
5 025
5 500
-
-
Income
110 000
110 000
110 000
110 000
Total tax
6 927
5 500
22 000
1 100
After tax
103 073
104 500
88 000
108 900
Living cost
7 607
7 607
7 607
7 607
Free-cash
95 466
96 893
80 393
101 293

Estimated living cost  is ₽7607 per week

₽4714
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽632
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.
₽2051
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55712
₽38583
₽34034
₽49351
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 398
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
-
-
-
50 861
Employee
34 209
-
87 860
-
unemployment
341
-
878
-
pensions

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

2 394
-
6 150
-
income
5 889
-
15 914
-
health
479
-
1 230
-
total
9 103
-
24 172
-
Employer
34 209
-
87 860
-
health
479
-
1 230
-
pensions

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

5 816
-
14 936
-
accident
274
-
703
-
unemployment
341
-
878
-
other
1 711
-
4 393
-
total
8 621
-
22 140
-
Corporate
67 170
110 000
-
-
income
14 105
23 100
-
-
total
14 105
23 100
-
-
Dividends
53 065
86 900
-
-
withholding
3 715
6 083
-
-
total
3 715
6 083
-
-
Income
110 000
110 000
110 000
110 000
Total tax
35 544
29 183
46 312
50 861
After tax
74 456
80 817
63 688
59 139
Living cost
25 105
25 105
25 105
25 105
Free-cash
49 351
55 712
38 583
34 034

Estimated living cost  is ₽25105 per week

₽17738
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1695
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽404
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5267
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15004
₽3841
₽14109
₽6423
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
25 484
pensions
-
-
-
7 361
total
-
-
-
32 845
Employee
89 201
-
96 611
-
pensions
8 605
-
9 463
-
income
16 079
-
18 641
-
health
1 470
-
1 620
-
total
26 154
-
29 724
-
Employer
89 201
-
96 611
-
health
1 694
-
1 835
-
pensions
10 532
-
11 554
-
total
12 226
-
13 389
-
Corporate
8 573
110 000
-
-
income

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

1 630
20 900
-
-
total
1 630
20 900
-
-
Dividends
6 943
89 100
-
-
withholding
521
11 050
-
-
total
521
11 050
-
-
Income
110 000
110 000
110 000
110 000
Total tax
40 531
31 950
43 113
32 845
After tax
69 469
78 050
66 887
77 155
Living cost
63 046
63 046
63 046
63 046
Free-cash
6 423
15 004
3 841
14 109

Estimated living cost  is ₽63046 per week

₽47242
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7408
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7885
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽81702
₽76081
₽72368
₽77326
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
132
health
-
-
-
3 783
pensions

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

-
-
-
4 869
total
-
-
-
25 284
Employee
16 350
-
103 546
-
accident

We are using the highest rate at 1.1%.

180
-
362
-
pensions

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

1 436
-
2 888
-
income
1 635
-
10 354
-
health
752
-
1 513
-
total
4 003
-
15 117
-
Employer
16 350
-
103 546
-
health
1 129
-
2 270
-
pensions

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

1 802
-
3 625
-
accident

We are using the highest rate at 1.1%.

180
-
362
-
unemployment
98
-
197
-
total
3 209
-
6 454
-
Corporate
90 441
110 000
-
-
income
9 044
11 000
-
-
total
9 044
11 000
-
-
Dividends
81 398
99 000
-
-
withholding
4 070
4 950
-
-
total
4 070
4 950
-
-
Income
110 000
110 000
110 000
110 000
Total tax
20 326
15 950
21 571
25 284
After tax
89 674
94 050
88 429
84 716
Living cost
12 348
12 348
12 348
12 348
Free-cash
77 326
81 702
76 081
72 368

Estimated living cost  is ₽12348 per week

₽7209
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽882
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽327
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3930
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1383
₽5903
₽10674
₽3752
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
24 425
health
-
-
-
11 618
pensions
-
-
-
11 039
total
-
-
-
47 082
Employee
87 351
80 457
93 608
-
pensions
11 039
11 039
11 039
-
income

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

13 170
13 170
13 170
-
health
10 897
10 504
11 253
-
total
35 106
34 713
35 462
-
Employer
87 351
80 457
93 608
-
health
6 070
5 593
6 506
-
pensions
6 079
5 600
6 515
-
unemployment
3 145
2 896
3 370
-
total
15 294
14 089
16 391
-
Corporate
7 355
15 454
-
-
income
1 471
3 091
-
-
total
1 471
3 091
-
-
Dividends
5 884
12 363
-
-
income
1 250
2 626
-
-
withholding
883
1 854
-
-
total
2 133
4 480
-
-
Income
110 000
110 000
110 000
110 000
Total tax
54 004
56 373
51 853
47 082
After tax
55 996
53 627
58 147
62 918
Living cost
52 244
52 244
52 244
52 244
Free-cash
3 752
1 383
5 903
10 674

Estimated living cost  is ₽52244 per week

₽38539
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4667
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽599
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8441
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52618
₽32704
₽30458
₽44370
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
110 000
income
-
-
-
9 455
social contributions
-
-
-
32 120
solidarity contribution
-
-
-
-
health
-
-
-
14 850
total
-
-
-
56 425
Employee
33 996
-
82 089
-
solidarity contribution
-
-
-
-
social contributions
2 210
-
5 336
-
income
4 080
-
9 851
-
health
4 590
-
11 082
-
total
10 880
-
26 269
-
Employer
33 996
-
82 089
-
health
3 060
-
7 388
-
social contributions
8 499
-
20 522
-
total
11 559
-
27 910
-
Corporate
64 445
110 000
-
-
income
12 244
20 900
-
-
total
12 244
20 900
-
-
Dividends
52 200
89 100
-
-
withholding
7 830
13 365
-
-
total
7 830
13 365
-
-
Income
110 000
110 000
110 000
110 000
Total tax
42 513
34 265
54 179
56 425
After tax
67 487
75 735
55 821
53 575
Living cost
23 118
23 118
23 118
23 118
Free-cash
44 370
52 618
32 704
30 458

Estimated living cost  is ₽23118 per week

₽16058
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1645
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4961
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18934
₽10355
₽15587
₽14015
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 292
regional
-
-
-
1 241
municipal
-
-
-
654
national
-
-
-
24 470
total
-
-
-
54 657
Employee
83 734
-
110 000
-
municipal
443
-
583
-
national
14 509
-
21 124
-
regional
790
-
1 090
-
social contributions
28 235
-
37 092
-
total
43 977
-
59 889
-
Employer
83 734
-
110 000
-
total
-
-
-
-
Corporate
26 266
110 000
-
-
municipal
1 024
4 289
-
-
nationa
6 304
26 401
-
-
total
7 328
30 690
-
-
Dividends
18 937
79 310
-
-
withholding
4 924
20 620
-
-
total
4 924
20 620
-
-
Income
110 000
110 000
110 000
110 000
Total tax
56 229
51 310
59 889
54 657
After tax
53 771
58 690
50 111
55 343
Living cost
39 756
39 756
39 756
39 756
Free-cash
14 015
18 934
10 355
15 587

Estimated living cost  is ₽39756 per week

₽27713
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2607
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽610
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8825
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48400
₽31616
₽33419
₽45465
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
22 759
other
-
-
-
-
surtax
-
-
-
3 006
unemployment
-
-
-
215
health
-
-
-
7 810
pensions
-
-
-
22 001
total
-
-
-
55 791
Employee
31 157
-
90 873
-
other
-
-
-
-
unemployment
2 169
-
6 324
-
pensions
2 078
-
6 061
-
surtax
102
-
2 719
-
income
5 223
-
21 046
-
health
796
-
2 317
-
total
10 368
-
38 467
-
Employer
31 157
-
90 873
-
health
1 418
-
4 134
-
pensions
4 153
-
12 113
-
unemployment
987
-
2 880
-
other
-
-
-
-
total
6 558
-
19 127
-
Corporate
72 285
110 000
-
-
income
18 795
28 600
-
-
total
18 795
28 600
-
-
Dividends
53 490
81 400
-
-
withholding
8 024
12 210
-
-
total
8 024
12 210
-
-
Income
110 000
110 000
110 000
110 000
Total tax
43 745
40 810
57 594
55 791
After tax
66 255
69 190
52 406
54 209
Living cost
20 790
20 790
20 790
20 790
Free-cash
45 465
48 400
31 616
33 419

Estimated living cost  is ₽20790 per week

₽12712
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1918
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽479
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5680
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34978
₽23815
₽34083
₽31926
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
25 484
pensions
-
-
-
7 361
total
-
-
-
32 845
Employee
59 780
-
96 611
-
pensions
5 074
-
9 463
-
income
10 767
-
18 641
-
health
868
-
1 620
-
total
16 709
-
29 724
-
Employer
59 780
-
96 611
-
health
1 136
-
1 835
-
pensions
6 471
-
11 554
-
total
7 607
-
13 389
-
Corporate
42 613
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.

8 097
20 900
-
-
total
8 097
20 900
-
-
Dividends
34 516
89 100
-
-
withholding
2 589
11 050
-
-
total
2 589
11 050
-
-
Income
110 000
110 000
110 000
110 000
Total tax
35 002
31 950
43 113
32 845
After tax
74 998
78 050
66 887
77 155
Living cost
43 072
43 072
43 072
43 072
Free-cash
31 926
34 978
23 815
34 083

Estimated living cost  is ₽43072 per week

₽32269
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3228
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽7123
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽24149
₽11348
₽16807
₽7704
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 119
health
-
-
-
247
city
-
-
-
1 159
national
-
-
-
899
pensions
-
-
-
10 119
total
-
-
-
18 744
Employee
87 124
-
98 457
-
unemployment
-
-
-
-
pensions
7 320
-
8 270
-
national
412
-
673
-
regional
2 853
-
3 520
-
city
935
-
1 057
-
health
197
-
222
-
total
11 717
-
13 742
-
Employer
87 124
-
98 457
-
health
197
-
222
-
pensions
7 320
-
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.

1 742
-
1 969
-
total
9 259
-
10 461
-
Corporate
12 659
110 000
-
-
regional
2 677
23 265
-
-
national
1 077
9 350
-
-
total
3 754
32 615
-
-
Dividends
8 906
77 385
-
-
withholding
3 117
27 085
-
-
total
3 117
27 085
-
-
Income
110 000
110 000
110 000
110 000
Total tax
27 847
59 700
24 203
18 744
After tax
82 153
50 300
85 797
91 256
Living cost
74 449
74 449
74 449
74 449
Free-cash
7 704
-24 149
11 348
16 807

Estimated living cost  is ₽74449 per week

₽48413
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6681
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽914
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18441
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽11277
₽31076
₽19723
₽26559
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
27 797
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.

-
-
-
1 529
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.

-
-
-
6 437
trade
-
-
-
11 353
total
-
-
-
47 116
Employee

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

56 622
-
110 000
-
surtax

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

367
-
1 529
-
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.

6 658
-
27 797
-
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.

6 437
-
6 437
-
total
13 462
-
35 763
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
53 378
110 000
-
-
income
8 006
16 501
-
-
surtax

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

440
908
-
-
chamber of commerce
218
299
-
-
trade
9 154
18 864
-
-
total
17 818
36 572
-
-
Dividends
35 559
73 428
-
-
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.

468
991
-
-
withholding
8 532
17 999
-
-
total
9 000
18 990
-
-
Income
110 000
110 000
110 000
110 000
Total tax
40 280
55 562
35 763
47 116
After tax
69 720
54 438
74 237
62 884
Living cost
43 161
43 161
43 161
43 161
Free-cash
26 559
11 277
31 076
19 723

Estimated living cost  is ₽43161 per week

₽31523
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3453
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7626
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23206
₽34420
₽30661
₽28771
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 708
other
-
-
-
3 410
surtax
-
-
-
-
social contributions
-
-
-
3 134
health
-
-
-
2 905
pensions
-
-
-
24 947
total
-
-
-
47 104
Employee
40 323
-
88 232
-
pensions
4 559
-
4 790
-
surtax
-
-
-
-
social contributions
1 150
-
2 514
-
income
2 380
-
14 274
-
total
8 089
-
21 578
-
Employer
40 323
-
88 232
-
health
2 823
-
6 574
-
pensions
6 624
-
8 309
-
unemployment
1 632
-
3 574
-
social contributions
122
-
265
-
other
1 391
-
3 045
-
total
12 592
-
21 767
-
Corporate
57 084
110 000
-
-
income
15 984
30 801
-
-
surtax
-
-
-
-
total
15 984
30 801
-
-
Dividends
41 100
79 199
-
-
surtax
-
-
-
-
social contributions
7 069
13 620
-
-
withholding
5 260
10 138
-
-
total
12 329
23 758
-
-
Income
110 000
110 000
110 000
110 000
Total tax
48 994
54 559
43 345
47 104
After tax
61 006
55 441
66 655
62 896
Living cost
32 235
32 235
32 235
32 235
Free-cash
28 771
23 206
34 420
30 661

Estimated living cost  is ₽32235 per week

₽20325
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2621
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽549
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8741
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26400
₽37614
₽33855
₽31636
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 708
other
-
-
-
3 410
surtax
-
-
-
-
social contributions
-
-
-
3 134
health
-
-
-
2 905
pensions
-
-
-
24 947
total
-
-
-
47 104
Employee
35 994
-
88 232
-
pensions
4 071
-
4 790
-
surtax
-
-
-
-
social contributions
1 026
-
2 514
-
income
1 856
-
14 274
-
total
6 953
-
21 578
-
Employer
35 994
-
88 232
-
health
2 519
-
6 574
-
pensions
5 914
-
8 309
-
unemployment
1 457
-
3 574
-
social contributions
107
-
265
-
other
1 243
-
3 045
-
total
11 240
-
21 767
-
Corporate
62 765
110 000
-
-
income
17 574
30 801
-
-
surtax
-
-
-
-
total
17 574
30 801
-
-
Dividends
45 192
79 199
-
-
surtax
-
-
-
-
social contributions
7 772
13 620
-
-
withholding
5 784
10 138
-
-
total
13 556
23 758
-
-
Income
110 000
110 000
110 000
110 000
Total tax
49 323
54 559
43 345
47 104
After tax
60 677
55 441
66 655
62 896
Living cost
29 041
29 041
29 041
29 041
Free-cash
31 636
26 400
37 614
33 855

Estimated living cost  is ₽29041 per week

₽16842
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2950
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8698
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Marseille model

Close
Vilnius , Lithuania
₽47131
₽50040
₽50664
₽47621
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 501
social contributions
-
-
-
15 180
health
-
-
-
7 677
total
-
-
-
39 358
Employee
31 945
-
110 000
-
social contributions
4 409
-
15 180
-
income
5 328
-
17 125
-
health
2 230
-
7 677
-
total
11 967
-
39 982
-
Employer
31 945
-
110 000
-
total
-
-
-
-
Corporate
78 055
110 000
-
-
income

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

3 903
5 500
-
-
total
3 903
5 500
-
-
Dividends
74 152
104 500
-
-
social contributions
10 232
14 421
-
-
withholding
11 123
15 675
-
-
health
5 176
7 295
-
-
total
26 531
37 391
-
-
Income
110 000
110 000
110 000
110 000
Total tax
42 401
42 891
39 982
39 358
After tax
67 599
67 109
70 018
70 642
Living cost
19 978
19 978
19 978
19 978
Free-cash
47 621
47 131
50 040
50 664

Estimated living cost  is ₽19978 per week

₽13370
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1232
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽459
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4915
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28199
-₽1860
₽21204
₽26743
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
20 427
surtax
-
-
-
186
unemployment
-
-
-
5 779
chamber of commerce
-
-
-
440
health
-
-
-
8 416
pensions
-
-
-
20 350
total
-
-
-
55 598
Employee
47 085
37 547
85 271
-
other
470
375
853
-
unemployment
1 412
1 126
2 559
-
pensions
4 822
3 844
8 732
-
income
5 360
2 770
18 064
-
health
1 822
1 454
3 301
-
total
13 886
9 569
33 509
-
Employer
47 085
37 547
85 271
-
chamber of commerce
188
150
341
-
health
1 779
1 420
3 224
-
pensions
5 909
4 713
10 701
-
accident
611
488
1 109
-
unemployment
1 412
1 126
2 559
-
surtax
186
186
186
-
payroll
1 412
1 126
2 559
-
other
2 237
1 783
4 050
-
total
13 734
10 992
24 729
-
Corporate
49 180
61 461
81 697
-
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.

12 296
15 366
20 424
-
total
12 296
15 366
20 424
-
Dividends
36 884
46 096
-
-
withholding
10 143
12 676
-
-
total
10 143
12 676
-
-
Income
110 000
110 000
110 000
110 000
Total tax
50 059
48 603
78 662
55 598
After tax
59 941
61 397
31 338
54 402
Living cost
33 198
33 198
33 198
33 198
Free-cash
26 743
28 199
-1 860
21 204

Estimated living cost  is ₽33198 per week

₽22142
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2832
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7679
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27281
₽7496
₽15547
₽13154
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
5 541
social contributions
-
-
-
17 644
national
-
-
-
36 915
total
-
-
-
60 100
Employee

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

67 394
-
85 196
-
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.

586
-
742
-
communal

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

3 515
-
4 443
-
pensions

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

5 054
-
6 390
-
national
20 719
-
27 767
-
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.

3 166
-
4 005
-
total
33 040
-
43 347
-
Employer

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

67 394
-
85 196
-
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.

4 144
-
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.

5 972
-
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.

876
-
1 109
-
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.

983
-
1 244
-
surtax
7 642
-
9 662
-
total
19 617
-
24 804
-
Corporate
22 989
110 000
-
-
income
4 599
22 001
-
-
surtax
91
440
-
-
total
4 690
22 441
-
-
Dividends
18 299
87 560
-
-
withholding

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

5 146
25 925
-
-
total
5 146
25 925
-
-
Income
110 000
110 000
110 000
110 000
Total tax
62 493
48 366
68 151
60 100
After tax
47 507
61 634
41 849
49 900
Living cost
34 353
34 353
34 353
34 353
Free-cash
13 154
27 281
7 496
15 547

Estimated living cost  is ₽34353 per week

₽22127
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3004
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽538
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8684
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39970
₽22869
₽26454
₽32548
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
787
income
-
-
-
23 321
other
-
-
-
88
unemployment
-
-
-
611
pensions
-
-
-
24 713
total
-
-
-
49 520
Employee
46 899
-
83 408
-
other
46
-
84
-
unemployment
728
-
1 293
-
pensions
2 205
-
3 921
-
income
9 895
-
21 215
-
total
12 874
-
26 513
-
Employer
46 899
-
83 408
-
pensions
11 067
-
19 685
-
accident
928
-
1 652
-
unemployment
2 580
-
4 588
-
other
374
-
667
-
total
14 949
-
26 592
-
Corporate
48 152
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.

7 223
16 501
-
-
total
7 223
16 501
-
-
Dividends
40 929
93 499
-
-
withholding
8 380
19 503
-
-
total
8 380
19 503
-
-
Income
110 000
110 000
110 000
110 000
Total tax
43 426
36 004
53 105
49 520
After tax
66 574
73 996
56 895
60 480
Living cost
34 026
34 026
34 026
34 026
Free-cash
32 548
39 970
22 869
26 454

Estimated living cost  is ₽34026 per week

₽25056
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2414
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6065
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15512
₽13836
₽9394
₽8334
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 951
accident
-
-
-
928
income
-
-
-
11 856
surtax
-
-
-
5 453
health
-
-
-
7 729
pensions
-
-
-
16 488
total
-
-
-
49 405
Employee
71 349
-
98 257
-
pensions
5 707
-
7 860
-
surtax
4 373
-
6 022
-
income
6 892
-
14 968
-
health
3 175
-
4 371
-
total
20 147
-
33 221
-
Employer
71 349
-
98 257
-
health
2 176
-
2 997
-
pensions
5 707
-
7 860
-
accident
642
-
885
-
total
8 525
-
11 742
-
Corporate
30 126
110 000
-
-
communal
-
7 425
-
-
income
4 518
16 501
-
-
surtax
316
1 155
-
-
total
4 834
25 081
-
-
Dividends
25 291
84 919
-
-
income
13 165
5 469
-
-
withholding
3 794
12 737
-
-
total
16 959
18 206
-
-
Income
110 000
110 000
110 000
110 000
Total tax
50 465
43 287
44 963
49 405
After tax
59 535
66 713
65 037
60 595
Living cost
51 201
51 201
51 201
51 201
Free-cash
8 334
15 512
13 836
9 394

Estimated living cost  is ₽51201 per week

₽38408
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3102
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽9147
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Luxembourg model

Close
Athens , Greece
₽48028
₽31244
₽33047
₽45030
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
22 759
other
-
-
-
-
surtax
-
-
-
3 006
unemployment
-
-
-
215
health
-
-
-
7 810
pensions
-
-
-
22 001
total
-
-
-
55 791
Employee
31 729
-
90 873
-
other
-
-
-
-
unemployment
2 208
-
6 324
-
pensions
2 117
-
6 061
-
surtax
113
-
2 719
-
income
5 319
-
21 046
-
health
810
-
2 317
-
total
10 567
-
38 467
-
Employer
31 729
-
90 873
-
health
1 443
-
4 134
-
pensions
4 230
-
12 113
-
unemployment
1 007
-
2 880
-
other
-
-
-
-
total
6 680
-
19 127
-
Corporate
71 592
110 000
-
-
income
18 614
28 600
-
-
total
18 614
28 600
-
-
Dividends
52 977
81 400
-
-
withholding
7 947
12 210
-
-
total
7 947
12 210
-
-
Income
110 000
110 000
110 000
110 000
Total tax
43 808
40 810
57 594
55 791
After tax
66 192
69 190
52 406
54 209
Living cost
21 162
21 162
21 162
21 162
Free-cash
45 030
48 028
31 244
33 047

Estimated living cost  is ₽21162 per week

₽12777
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1840
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6056
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32436
₽24342
₽29546
₽30346
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 292
regional
-
-
-
1 658
municipal
-
-
-
654
national
-
-
-
24 470
total
-
-
-
55 074
Employee
52 263
-
110 000
-
municipal
277
-
583
-
national
8 280
-
21 124
-
regional
704
-
1 479
-
social contributions
17 624
-
37 092
-
total
26 885
-
60 278
-
Employer
52 263
-
110 000
-
total
-
-
-
-
Corporate
57 737
110 000
-
-
municipal
2 870
5 468
-
-
nationa
13 856
26 401
-
-
total
16 726
31 869
-
-
Dividends
41 011
78 132
-
-
withholding
10 663
20 315
-
-
total
10 663
20 315
-
-
Income
110 000
110 000
110 000
110 000
Total tax
54 274
52 184
60 278
55 074
After tax
55 726
57 816
49 722
54 926
Living cost
25 380
25 380
25 380
25 380
Free-cash
30 346
32 436
24 342
29 546

Estimated living cost  is ₽25380 per week

₽15784
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2571
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽434
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6590
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47248
₽27334
₽25088
₽37086
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
110 000
income
-
-
-
9 455
social contributions
-
-
-
32 120
solidarity contribution
-
-
-
-
health
-
-
-
14 850
total
-
-
-
56 425
Employee
41 892
-
82 089
-
solidarity contribution
-
-
-
-
social contributions
2 723
-
5 336
-
income
5 027
-
9 851
-
health
5 655
-
11 082
-
total
13 405
-
26 269
-
Employer
41 892
-
82 089
-
health
3 770
-
7 388
-
social contributions
10 473
-
20 522
-
total
14 243
-
27 910
-
Corporate
53 864
110 000
-
-
income
10 234
20 900
-
-
total
10 234
20 900
-
-
Dividends
43 630
89 100
-
-
withholding
6 545
13 365
-
-
total
6 545
13 365
-
-
Income
110 000
110 000
110 000
110 000
Total tax
44 427
34 265
54 179
56 425
After tax
65 573
75 735
55 821
53 575
Living cost
28 487
28 487
28 487
28 487
Free-cash
37 086
47 248
27 334
25 088

Estimated living cost  is ₽28487 per week

₽21185
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1578
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.
₽5231
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31441
₽1316
₽24530
₽30975
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
20 427
surtax
-
-
-
-
unemployment
-
-
-
5 779
chamber of commerce
-
-
-
440
health
-
-
-
8 416
pensions
-
-
-
20 350
total
-
-
-
55 412
Employee
41 185
37 547
85 418
-
other
411
375
855
-
unemployment
1 235
1 126
2 562
-
pensions
4 218
3 844
8 747
-
income
3 669
2 770
18 114
-
health
1 593
1 454
3 306
-
total
11 126
9 569
33 584
-
Employer
41 185
37 547
85 418
-
chamber of commerce
164
150
341
-
health
1 557
1 420
3 229
-
pensions
5 169
4 713
10 720
-
accident
535
488
1 110
-
unemployment
1 235
1 126
2 562
-
surtax
-
-
-
-
payroll
1 235
1 126
2 562
-
other
1 956
1 783
4 057
-
total
11 851
10 806
24 581
-
Corporate
56 963
61 647
81 842
-
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.

14 241
15 412
20 461
-
total
14 241
15 412
20 461
-
Dividends
42 722
46 235
-
-
withholding
11 749
12 714
-
-
total
11 749
12 714
-
-
Income
110 000
110 000
110 000
110 000
Total tax
48 967
48 501
78 626
55 412
After tax
61 033
61 499
31 374
54 588
Living cost
30 058
30 058
30 058
30 058
Free-cash
30 975
31 441
1 316
24 530

Estimated living cost  is ₽30058 per week

₽18031
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3070
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8421
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92645
₽76145
₽97045
₽90422
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
14 819
-
110 000
-
income
2 964
-
22 000
-
total
2 964
-
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%.

95 181
110 000
-
-
total
-
-
-
-
Dividends
95 181
110 000
-
-
withholding
4 759
5 500
-
-
total
4 759
5 500
-
-
Income
110 000
110 000
110 000
110 000
Total tax
7 723
5 500
22 000
1 100
After tax
102 277
104 500
88 000
108 900
Living cost
11 855
11 855
11 855
11 855
Free-cash
90 422
92 645
76 145
97 045

Estimated living cost  is ₽11855 per week

₽8022
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽498
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.
₽2937
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50465
₽27795
₽30949
₽42582
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
22 703
unemployment
-
-
-
164
health
-
-
-
10 824
pensions
-
-
-
20 089
total
-
-
-
53 780
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.

41 663
-
95 182
-
unemployment
59
-
134
-
pensions
6 458
-
14 754
-
income
7 185
-
21 079
-
health
2 691
-
6 149
-
total
16 393
-
42 116
-
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.

41 663
-
95 182
-
health
2 775
-
6 338
-
pensions
3 687
-
8 423
-
unemployment
25
-
57
-
total
6 487
-
14 818
-
Corporate
61 851
110 000
-
-
income
11 752
20 899
-
-
total
11 752
20 899
-
-
Dividends
50 099
89 101
-
-
withholding
7 515
13 365
-
-
total
7 515
13 365
-
-
Income
110 000
110 000
110 000
110 000
Total tax
42 147
34 264
56 934
53 780
After tax
67 853
75 736
53 066
56 220
Living cost
25 271
25 271
25 271
25 271
Free-cash
42 582
50 465
27 795
30 949

Estimated living cost  is ₽25271 per week

₽17343
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1620
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5820
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26480
₽57225
₽35575
-₽29756
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
57 990
-
-
-
social contributions
4 755
-
678
-
income
12 791
-
-
-
total
17 546
-
678
-
Employer
57 990
-
-
-
social contributions
81 766
-
11 653
-
total
81 766
-
11 653
-
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
99 312
43 076
12 331
33 981
After tax
10 688
66 924
97 669
76 019
Living cost
40 444
40 444
40 444
40 444
Free-cash
-29 756
26 480
57 225
35 575

Estimated living cost  is ₽40444 per week

₽26241
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3804
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9883
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33015
₽24609
₽31211
₽32065
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 012
surtax
-
-
-
-
social contributions

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

-
-
-
38 224
total
-
-
-
49 236
Employee
43 332
-
88 888
-
surtax
-
-
-
-
social contributions
4 767
-
9 778
-
income
9 013
-
24 950
-
total
13 780
-
34 728
-
Employer
43 332
-
88 888
-
social contributions
10 291
-
21 110
-
total
10 291
-
21 110
-
Corporate
56 376
110 000
-
-
income
11 840
23 100
-
-
surtax
-
-
-
-
total
11 840
23 100
-
-
Dividends
44 537
86 900
-
-
withholding
12 471
24 332
-
-
total
12 471
24 332
-
-
Income
110 000
110 000
110 000
110 000
Total tax
48 382
47 432
55 838
49 236
After tax
61 618
62 568
54 162
60 764
Living cost
29 553
29 553
29 553
29 553
Free-cash
32 065
33 015
24 609
31 211

Estimated living cost  is ₽29553 per week

₽22111
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1743
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.
₽5205
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9936
₽21150
₽17391
₽16413
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 708
other
-
-
-
3 410
surtax
-
-
-
-
social contributions
-
-
-
3 134
health
-
-
-
2 905
pensions
-
-
-
24 947
total
-
-
-
47 104
Employee
59 010
-
88 232
-
pensions
6 674
-
4 790
-
surtax
-
-
-
-
social contributions
1 681
-
2 514
-
income
5 149
-
14 274
-
total
13 504
-
21 578
-
Employer
59 010
-
88 232
-
health
4 130
-
6 574
-
pensions
9 696
-
8 309
-
unemployment
2 390
-
3 574
-
social contributions
177
-
265
-
other
2 036
-
3 045
-
total
18 429
-
21 767
-
Corporate
32 560
110 000
-
-
income
9 117
30 801
-
-
surtax
-
-
-
-
total
9 117
30 801
-
-
Dividends
23 444
79 199
-
-
surtax
-
-
-
-
social contributions
4 032
13 620
-
-
withholding
3 000
10 138
-
-
total
7 032
23 758
-
-
Income
110 000
110 000
110 000
110 000
Total tax
48 082
54 559
43 345
47 104
After tax
61 918
55 441
66 655
62 896
Living cost
45 505
45 505
45 505
45 505
Free-cash
16 413
9 936
21 150
17 391

Estimated living cost  is ₽45505 per week

₽30797
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3722
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽624
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10361
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70680
₽57543
₽54620
₽67513
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 859
social contributions
-
-
-
24 200
total
-
-
-
27 059
Employee
30 290
-
95 237
-
income
-
-
3 183
-
social contributions
1 969
-
6 190
-
total
1 969
-
9 373
-
Employer
30 290
-
95 237
-
social contributions
4 695
-
14 763
-
total
4 695
-
14 763
-
Corporate
75 015
110 000
-
-
income
7 502
10 999
-
-
total
7 502
10 999
-
-
Dividends
67 513
99 001
-
-
total
-
-
-
-
Income
110 000
110 000
110 000
110 000
Total tax
14 166
10 999
24 136
27 059
After tax
95 834
99 001
85 864
82 941
Living cost
28 321
28 321
28 321
28 321
Free-cash
67 513
70 680
57 543
54 620

Estimated living cost  is ₽28321 per week

₽18312
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2135
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽533
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7341
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽95259
-₽95259
₽21918
-₽95259
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 735
municipal
-
-
-
21 252
national
-
-
-
11 907
pensions
-
-
-
817
total
-
-
-
42 711
Employee
191 499
191 499
191 499
-
municipal
40 779
40 779
40 779
-
labour market
15 298
15 298
15 298
-
pensions
272
272
272
-
national
23 395
23 395
23 395
-
total
79 744
79 744
79 744
-
Employer
191 499
191 499
191 499
-
national
23 436
23 436
23 436
-
labour market
15 320
15 320
15 320
-
pensions
544
544
544
-
municipal
40 844
40 844
40 844
-
total
80 144
80 144
80 144
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
110 000
110 000
110 000
110 000
Total tax
159 888
159 888
159 888
42 711
After tax
-49 888
-49 888
-49 888
67 289
Living cost
45 371
45 371
45 371
45 371
Free-cash
-95 259
-95 259
-95 259
21 918

Estimated living cost  is ₽45371 per week

₽31052
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4014
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽698
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9607
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽11824
₽36962
₽54673
₽5729
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
242
income
-
-
-
27 931
other
-
-
-
354
health
-
-
-
2 086
pensions
-
-
-
3 980
total
-
-
-
34 593
Employee
32 615
-
95 526
-
pensions
3 673
-
7 298
-
income
4 474
-
19 595
-
health
3 735
-
10 938
-
total
11 882
-
37 831
-
Employer
32 615
-
95 526
-
pensions
5 303
-
10 538
-
accident
545
-
1 595
-
unemployment
799
-
2 340
-
total
6 647
-
14 473
-
Corporate
70 738
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.

63 664
99 000
-
-
total
63 664
99 000
-
-
Dividends
7 074
11 000
-
-
withholding
1 344
2 090
-
-
total
1 344
2 090
-
-
Income
110 000
110 000
110 000
110 000
Total tax
83 537
101 090
52 304
34 593
After tax
26 463
8 910
57 696
75 407
Living cost
20 734
20 734
20 734
20 734
Free-cash
5 729
-11 824
36 962
54 673

Estimated living cost  is ₽20734 per week

₽15092
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1182
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽389
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4071
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35761
₽25088
₽40172
₽35346
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 302
municipal
-
-
-
19 565
national
-
-
-
12 789
total
-
-
-
33 656
Employee
49 569
-
92 537
-
municipal
8 119
-
15 097
-
unemployment
744
-
1 387
-
pensions
3 345
-
6 247
-
national
819
-
7 514
-
health
370
-
1 032
-
total
13 397
-
31 277
-
Employer
49 569
-
92 537
-
health
381
-
713
-
pensions
8 600
-
16 056
-
accident
50
-
93
-
unemployment
322
-
601
-
total
9 353
-
17 463
-
Corporate
51 078
110 000
-
-
income
10 216
22 001
-
-
total
10 216
22 001
-
-
Dividends

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

30 646
66 000
-
-
municipal
5 516
11 879
-
-
national
-
4 187
-
-
total
5 516
16 066
-
-
Income
110 000
110 000
110 000
110 000
Total tax
38 482
38 067
48 740
33 656
After tax
71 518
71 933
61 260
76 344
Living cost
36 172
36 172
36 172
36 172
Free-cash
35 346
35 761
25 088
40 172

Estimated living cost  is ₽36172 per week

₽23628
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3479
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽576
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8491
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58615
₽54201
₽55406
₽53488
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 731
social contributions
-
-
-
15 244
health
-
-
-
2 805
total
-
-
-
32 780
Employee
72 448
72 448
100 039
-
social contributions
2 739
6 013
8 110
-
income
7 888
6 707
14 214
-
health
561
1 232
1 700
-
total
11 188
13 952
24 024
-
Employer
72 448
72 448
100 039
-
health
610
1 341
1 851
-
social contributions
2 739
6 013
8 110
-
total
3 349
7 354
9 961
-
Corporate
73 649
30 198
-
-
income
9 206
3 774
-
-
total
9 206
3 774
-
-
Dividends
64 443
26 424
-
-
withholding
10 955
4 491
-
-
total
10 955
4 491
-
-
Income
110 000
110 000
110 000
110 000
Total tax
34 698
29 571
33 985
32 780
After tax
75 302
80 429
76 015
77 220
Living cost
21 814
21 814
21 814
21 814
Free-cash
53 488
58 615
54 201
55 406

Estimated living cost  is ₽21814 per week

₽13073
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2140
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.
₽6118
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76132
₽55983
₽74881
₽71341
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 730
unemployment
-
-
-
27
health
-
-
-
3 410
pensions
-
-
-
5 993
total
-
-
-
20 160
Employee

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

21 626
-
100 792
-
unemployment
107
-
447
-
pensions
3 243
-
13 410
-
income
1 479
-
8 394
-
health
1 838
-
7 599
-
total
6 667
-
29 850
-
Employer

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

21 626
-
100 792
-
health
930
-
3 844
-
pensions
1 189
-
4 917
-
unemployment
107
-
447
-
total
2 226
-
9 208
-
Corporate
86 148
110 000
-
-
income
7 752
9 900
-
-
total
7 752
9 900
-
-
Dividends
78 396
100 100
-
-
withholding
7 055
9 009
-
-
total
7 055
9 009
-
-
Income
110 000
110 000
110 000
110 000
Total tax
23 700
18 909
39 058
20 160
After tax
86 300
91 091
70 942
89 840
Living cost
14 959
14 959
14 959
14 959
Free-cash
71 341
76 132
55 983
74 881

Estimated living cost  is ₽14959 per week

₽9544
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1078
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽445
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3891
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48088
₽30987
₽34572
₽43230
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
787
income
-
-
-
23 321
other
-
-
-
88
unemployment
-
-
-
611
pensions
-
-
-
24 713
total
-
-
-
49 520
Employee
34 837
-
83 408
-
other
34
-
84
-
unemployment
540
-
1 293
-
pensions
1 638
-
3 921
-
income
6 716
-
21 215
-
total
8 928
-
26 513
-
Employer
34 837
-
83 408
-
pensions
8 221
-
19 685
-
accident
690
-
1 652
-
unemployment
1 917
-
4 588
-
other
279
-
667
-
total
11 107
-
26 592
-
Corporate
64 056
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.

9 608
16 501
-
-
total
9 608
16 501
-
-
Dividends
54 448
93 499
-
-
withholding
11 219
19 503
-
-
total
11 219
19 503
-
-
Income
110 000
110 000
110 000
110 000
Total tax
40 862
36 004
53 105
49 520
After tax
69 138
73 996
56 895
60 480
Living cost
25 908
25 908
25 908
25 908
Free-cash
43 230
48 088
30 987
34 572

Estimated living cost  is ₽25908 per week

₽17488
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2491
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.
₽5476
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66728
₽68328
₽68465
₽66415
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
37 217
health
-
-
-
1 011
pensions
-
-
-
1 395
total
-
-
-
39 623
Employee
2 913
-
108 431
-
unemployment
29
-
70
-
pensions
262
-
628
-
income
563
-
37 144
-
health
146
-
349
-
total
1 000
-
38 191
-
Employer
2 913
-
108 431
-
health
277
-
663
-
pensions
320
-
767
-
unemployment
58
-
139
-
total
655
-
1 569
-
Corporate
106 432
110 000
-
-
income
23 415
24 200
-
-
total
23 415
24 200
-
-
Dividends
83 017
85 800
-
-
withholding
16 603
17 160
-
-
total
16 603
17 160
-
-
Income
110 000
110 000
110 000
110 000
Total tax
41 673
41 360
39 760
39 623
After tax
68 327
68 640
70 240
70 377
Living cost
1 912
1 912
1 912
1 912
Free-cash
66 415
66 728
68 328
68 465

Estimated living cost  is ₽1912 per week

₽1136
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽155
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽44
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽577
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63176
₽43811
₽43810
₽58540
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 563
unemployment
-
-
-
1 045
health
-
-
-
7 174
pensions
-
-
-
18 109
total
-
-
-
49 891
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.

24 577
-
97 533
-
unemployment
184
-
522
-
pensions
3 441
-
9 751
-
income
3 388
-
23 563
-
health
1 266
-
3 587
-
total
8 279
-
37 423
-
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.

24 577
-
97 533
-
health
1 266
-
3 587
-
pensions
2 949
-
8 358
-
unemployment
184
-
522
-
total
4 399
-
12 467
-
Corporate
81 023
110 000
-
-
income
12 153
16 500
-
-
total
12 153
16 500
-
-
Dividends
68 870
93 500
-
-
withholding
10 330
14 025
-
-
total
10 330
14 025
-
-
Income
110 000
110 000
110 000
110 000
Total tax
35 161
30 525
49 890
49 891
After tax
74 839
79 475
60 110
60 109
Living cost
16 299
16 299
16 299
16 299
Free-cash
58 540
63 176
43 811
43 810

Estimated living cost  is ₽16299 per week

₽10974
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1261
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.
₽3592
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37168
₽28762
₽35364
₽36828
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 012
surtax
-
-
-
-
social contributions

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

-
-
-
38 224
total
-
-
-
49 236
Employee
36 568
-
88 888
-
surtax
-
-
-
-
social contributions
4 023
-
9 778
-
income
7 145
-
24 950
-
total
11 168
-
34 728
-
Employer
36 568
-
88 888
-
social contributions
8 684
-
21 110
-
total
8 684
-
21 110
-
Corporate
64 748
110 000
-
-
income
13 597
23 100
-
-
surtax
-
-
-
-
total
13 597
23 100
-
-
Dividends
51 151
86 900
-
-
withholding
14 323
24 332
-
-
total
14 323
24 332
-
-
Income
110 000
110 000
110 000
110 000
Total tax
47 772
47 432
55 838
49 236
After tax
62 228
62 568
54 162
60 764
Living cost
25 400
25 400
25 400
25 400
Free-cash
36 828
37 168
28 762
35 364

Estimated living cost  is ₽25400 per week

₽17990
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1765
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5196
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40884
₽23783
₽27368
₽33782
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
787
income
-
-
-
23 321
other
-
-
-
88
unemployment
-
-
-
611
pensions
-
-
-
24 713
total
-
-
-
49 520
Employee
45 502
-
83 408
-
other
45
-
84
-
unemployment
704
-
1 293
-
pensions
2 138
-
3 921
-
income
9 504
-
21 215
-
total
12 391
-
26 513
-
Employer
45 502
-
83 408
-
pensions
10 738
-
19 685
-
accident
901
-
1 652
-
unemployment
2 503
-
4 588
-
other
365
-
667
-
total
14 507
-
26 592
-
Corporate
49 990
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.

7 499
16 501
-
-
total
7 499
16 501
-
-
Dividends
42 492
93 499
-
-
withholding
8 709
19 503
-
-
total
8 709
19 503
-
-
Income
110 000
110 000
110 000
110 000
Total tax
43 106
36 004
53 105
49 520
After tax
66 894
73 996
56 895
60 480
Living cost
33 112
33 112
33 112
33 112
Free-cash
33 782
40 884
23 783
27 368

Estimated living cost  is ₽33112 per week

₽23780
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2575
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽467
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6292
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77849
₽72228
₽68515
₽72109
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
132
health
-
-
-
3 783
pensions

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

-
-
-
4 869
total
-
-
-
25 284
Employee
21 452
-
103 546
-
accident

We are using the highest rate at 1.1%.

236
-
362
-
pensions

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

1 883
-
2 888
-
income
2 146
-
10 354
-
health
987
-
1 513
-
total
5 252
-
15 117
-
Employer
21 452
-
103 546
-
health
1 480
-
2 270
-
pensions

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

2 364
-
3 625
-
accident

We are using the highest rate at 1.1%.

236
-
362
-
unemployment
129
-
197
-
total
4 209
-
6 454
-
Corporate
84 339
110 000
-
-
income
8 434
11 000
-
-
total
8 434
11 000
-
-
Dividends
75 904
99 000
-
-
withholding
3 795
4 950
-
-
total
3 795
4 950
-
-
Income
110 000
110 000
110 000
110 000
Total tax
21 690
15 950
21 571
25 284
After tax
88 310
94 050
88 429
84 716
Living cost
16 201
16 201
16 201
16 201
Free-cash
72 109
77 849
72 228
68 515

Estimated living cost  is ₽16201 per week

₽10715
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽927
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽387
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4172
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20327
₽37863
₽28364
₽32653
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
27 797
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.

-
-
-
1 529
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.

-
-
-
6 437
trade
-
-
-
9 499
total
-
-
-
45 262
Employee

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

46 879
-
110 000
-
surtax

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

213
-
1 529
-
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.

3 855
-
27 797
-
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.

6 437
-
6 437
-
total
10 505
-
35 763
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
63 121
110 000
-
-
income
9 469
16 501
-
-
surtax

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

520
908
-
-
chamber of commerce
236
304
-
-
trade
9 058
15 786
-
-
total
19 283
33 499
-
-
Dividends
43 839
76 501
-
-
surtax

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

583
1 032
-
-
withholding
10 602
18 768
-
-
total
11 185
19 800
-
-
Income
110 000
110 000
110 000
110 000
Total tax
40 973
53 299
35 763
45 262
After tax
69 027
56 701
74 237
64 738
Living cost
36 374
36 374
36 374
36 374
Free-cash
32 653
20 327
37 863
28 364

Estimated living cost  is ₽36374 per week

₽25092
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3914
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6841
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23330
₽17788
₽17788
₽25409
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 426
social contributions
-
-
-
10 116
total
-
-
-
38 542
Employee
73 698
-
110 000
-
income
13 907
-
28 426
-
social contributions
6 123
-
10 116
-
total
20 030
-
38 542
-
Employer
73 698
-
110 000
-
total
-
-
-
-
Corporate
36 302
110 000
-
-
income
4 538
13 749
-
-
total
4 538
13 749
-
-
Dividends
31 764
96 251
-
-
withholding
6 353
19 251
-
-
total
6 353
19 251
-
-
Income
110 000
110 000
110 000
110 000
Total tax
30 921
33 000
38 542
38 542
After tax
79 079
77 000
71 458
71 458
Living cost
53 670
53 670
53 670
53 670
Free-cash
25 409
23 330
17 788
17 788

Estimated living cost  is ₽53670 per week

₽40831
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4373
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7953
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32321
₽46831
₽43259
₽35614
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 819
health

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

-
-
-
5 721
total
-
-
-
32 540
Employee
43 221
-
105 666
-
income
4 690
-
20 300
-
social contributions
4 330
-
4 334
-
total
9 020
-
24 634
-
Employer
43 221
-
105 666
-
social contributions
4 330
-
4 334
-
total
4 330
-
4 334
-
Corporate
62 449
110 000
-
-
income
21 857
38 500
-
-
total
21 857
38 500
-
-
Dividends
40 591
71 500
-
-
social contributions
4 978
4 978
-
-
total
4 978
4 978
-
-
Income
110 000
110 000
110 000
110 000
Total tax
40 185
43 478
28 968
32 540
After tax
69 815
66 522
81 032
77 460
Living cost
34 201
34 201
34 201
34 201
Free-cash
35 614
32 321
46 831
43 259

Estimated living cost  is ₽34201 per week

₽22528
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2696
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8452
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43034
₽31871
₽42139
₽42083
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
25 484
pensions
-
-
-
7 361
total
-
-
-
32 845
Employee
48 064
-
96 611
-
pensions
3 668
-
9 463
-
income
8 753
-
18 641
-
health
627
-
1 620
-
total
13 048
-
29 724
-
Employer
48 064
-
96 611
-
health
913
-
1 835
-
pensions
4 856
-
11 554
-
total
5 769
-
13 389
-
Corporate
56 166
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.

10 671
20 900
-
-
total
10 671
20 900
-
-
Dividends
45 495
89 100
-
-
withholding
3 413
11 050
-
-
total
3 413
11 050
-
-
Income
110 000
110 000
110 000
110 000
Total tax
32 901
31 950
43 113
32 845
After tax
77 099
78 050
66 887
77 155
Living cost
35 016
35 016
35 016
35 016
Free-cash
42 083
43 034
31 871
42 139

Estimated living cost  is ₽35016 per week

₽24021
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3220
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽438
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7335
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽13876
₽34910
₽52621
₽5416
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
242
income
-
-
-
27 931
other
-
-
-
354
health
-
-
-
2 086
pensions
-
-
-
3 980
total
-
-
-
34 593
Employee
35 844
-
95 526
-
pensions
4 036
-
7 298
-
income
4 917
-
19 595
-
health
4 104
-
10 938
-
total
13 057
-
37 831
-
Employer
35 844
-
95 526
-
pensions
5 828
-
10 538
-
accident
599
-
1 595
-
unemployment
878
-
2 340
-
total
7 305
-
14 473
-
Corporate
66 852
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.

60 166
99 000
-
-
total
60 166
99 000
-
-
Dividends
6 685
11 000
-
-
withholding
1 270
2 090
-
-
total
1 270
2 090
-
-
Income
110 000
110 000
110 000
110 000
Total tax
81 798
101 090
52 304
34 593
After tax
28 202
8 910
57 696
75 407
Living cost
22 786
22 786
22 786
22 786
Free-cash
5 416
-13 876
34 910
52 621

Estimated living cost  is ₽22786 per week

₽16723
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1328
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽459
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4277
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79835
₽59257
₽49731
₽75426
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
17 289
unemployment
-
-
-
1 320
work injury
-
-
-
550
health insurance
-
-
-
8 140
pensions
-
-
-
20 240
total
-
-
-
47 539
Employee

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

20 368
-
110 000
-
health insurance
1 507
-
5 577
-
unemployment
244
-
904
-
work injury
102
-
377
-
pensions
3 748
-
13 866
-
income
2 037
-
17 289
-
total
7 638
-
38 013
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
89 632
110 000
-
-
income

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

896
1 100
-
-
total
896
1 100
-
-
Dividends
88 736
108 900
-
-
withholding
13 310
16 335
-
-
total
13 310
16 335
-
-
Income
110 000
110 000
110 000
110 000
Total tax
21 844
17 435
38 013
47 539
After tax
88 156
92 565
71 987
62 461
Living cost
12 730
12 730
12 730
12 730
Free-cash
75 426
79 835
59 257
49 731

Estimated living cost  is ₽12730 per week

₽7886
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽925
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽397
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3521
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20407
₽11598
₽16626
₽16119
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 292
regional
-
-
-
2 343
municipal
-
-
-
735
national
-
-
-
24 470
total
-
-
-
55 840
Employee
79 393
-
110 000
-
municipal
474
-
656
-
national
13 417
-
21 124
-
regional
1 199
-
1 996
-
social contributions
26 771
-
37 092
-
total
41 861
-
60 868
-
Employer
79 393
-
110 000
-
total
-
-
-
-
Corporate
30 607
110 000
-
-
municipal
1 475
5 301
-
-
nationa
7 347
26 401
-
-
total
8 822
31 702
-
-
Dividends
21 786
78 298
-
-
withholding
5 664
20 357
-
-
total
5 664
20 357
-
-
Income
110 000
110 000
110 000
110 000
Total tax
56 347
52 059
60 868
55 840
After tax
53 653
57 941
49 132
54 160
Living cost
37 534
37 534
37 534
37 534
Free-cash
16 119
20 407
11 598
16 626

Estimated living cost  is ₽37534 per week

₽26365
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.
₽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.
₽8019
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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