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
₽25025
₽36187
₽36590
₽46526
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
110 000
trade
-
-
-
9 936
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.

-
-
-
24 657
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.

-
-
-
6 894
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.

-
-
-
1 356
total
-
-
-
42 843
Employee

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

38 599
-
110 000
-
health

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

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

6 894
-
6 894
-
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.

59
-
1 356
-
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.

1 078
-
24 657
-
total
8 031
-
32 907
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
71 401
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.

590
908
-
-
income
10 709
16 501
-
-
trade
11 246
17 324
-
-
chamber of commerce
257
312
-
-
total
22 802
35 045
-
-
Dividends
48 599
74 955
-
-
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.

647
1 009
-
-
withholding
11 766
18 354
-
-
total
12 413
19 363
-
-
Income
110 000
110 000
110 000
110 000
Total tax
43 246
54 408
32 907
42 843
After tax
66 754
55 592
77 093
67 157
Living cost
30 567
30 567
30 567
30 567
Free-cash
36 187
25 025
46 526
36 590

Estimated living cost  is ₽30567 per week

₽19228
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3564
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.
₽7205
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17646
₽16798
₽15113
₽15976
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
110 000
municipal
-
-
-
11 575
pensions
-
-
-
13 200
national
-
-
-
17 936
social contributions
-
-
-
1 182
total
-
-
-
43 893
Employee
79 050
-
95 094
-
municipal
9 764
-
12 000
-
pensions
3 162
-
3 804
-
national
15 130
-
18 596
-
total
28 056
-
34 400
-
Employer
79 050
-
95 094
-
social contributions
850
-
1 022
-
pensions
6 324
-
7 608
-
total
7 174
-
8 630
-
Corporate
18 559
110 000
-
-
income

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

3 712
22 000
-
-
total
3 712
22 000
-
-
Dividends
14 847
88 000
-
-
withholding
3 266
19 360
-
-
total
3 266
19 360
-
-
Income
110 000
110 000
110 000
110 000
Total tax
42 208
41 360
43 030
43 893
After tax
67 792
68 640
66 970
66 107
Living cost
50 994
50 994
50 994
50 994
Free-cash
16 798
17 646
15 976
15 113

Estimated living cost  is ₽50994 per week

₽34660
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4740
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽763
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10830
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67004
₽58728
₽37623
₽40902
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
microenterprise
-
-
-
-
income
-
-
-
16 018
surtax
-
-
-
-
social contributions

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

-
-
-
35 364
total
-
-
-
51 382
Employee
29 489
-
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.

3 244
-
9 752
-
surtax
-
-
-
-
income
5 249
-
16 996
-
total
8 493
-
26 748
-
Employer
29 489
-
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.

7 103
-
21 355
-
surtax
-
-
-
-
total
7 103
-
21 355
-
Corporate
73 408
110 000
-
-
income

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

14 681
22 001
-
-
total
14 681
22 001
-
-
Dividends

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

58 727
87 999
-
-
total
-
-
-
-
Income
110 000
110 000
110 000
110 000
Total tax
30 277
22 001
48 103
51 382
After tax
79 723
87 999
61 897
58 618
Living cost
20 995
20 995
20 995
20 995
Free-cash
58 728
67 004
40 902
37 623

Estimated living cost  is ₽20995 per week

₽13394
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1999
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5125
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11174
₽4993
₽20274
₽13727
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
110 000
income
-
-
-
23 182
pensions
-
-
-
11 824
health
-
-
-
12 444
total
-
-
-
47 450
Employee
86 180
86 180
93 609
-
health
13 228
11 251
11 675
-
income

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

14 106
14 106
14 106
-
pensions
15 512
11 824
11 824
-
total
42 846
37 181
37 605
-
Employer
86 180
86 180
93 609
-
unemployment
3 102
3 102
3 371
-
pensions
5 998
5 998
6 515
-
health
5 990
5 990
6 506
-
total
15 090
15 090
16 392
-
Corporate
9 786
8 729
-
-
income
1 957
1 747
-
-
total
1 957
1 747
-
-
Dividends
7 829
6 982
-
-
income
1 664
1 484
-
-
withholding
1 174
1 048
-
-
total
2 838
2 532
-
-
Income
110 000
110 000
110 000
110 000
Total tax
62 731
56 550
53 997
47 450
After tax
47 269
53 450
56 003
62 550
Living cost
42 276
42 276
42 276
42 276
Free-cash
4 993
11 174
13 727
20 274

Estimated living cost  is ₽42276 per week

₽29960
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3811
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽672
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7833
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21068
₽20193
₽19920
₽19146
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
110 000
municipal
-
-
-
25 420
accident
-
-
-
171
pensions
-
-
-
9 238
other
-
-
-
9 930
unemployment
-
-
-
86
health
-
-
-
5 332
national
-
-
-
911
total
-
-
-
51 088
Employee
55 560
-
83 701
-
municipal
16 568
-
24 960
-
national
-
-
603
-
total
16 568
-
25 563
-
Employer
55 560
-
83 701
-
accident
111
-
167
-
other
6 456
-
9 726
-
unemployment
1 467
-
2 210
-
pensions
6 006
-
9 048
-
health
3 417
-
5 148
-
total
17 457
-
26 299
-
Corporate
36 983
110 000
-
-
income
8 136
24 200
-
-
total
8 136
24 200
-
-
Dividends
28 847
85 800
-
-
withholding
8 654
25 740
-
-
total
8 654
25 740
-
-
Income
110 000
110 000
110 000
110 000
Total tax
50 815
49 940
51 862
51 088
After tax
59 185
60 060
58 138
58 912
Living cost
38 992
38 992
38 992
38 992
Free-cash
20 193
21 068
19 146
19 920

Estimated living cost  is ₽38992 per week

₽25842
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3826
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8731
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15377
₽29562
₽27072
₽37448
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
110 000
trade
-
-
-
10 376
income

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

-
-
-
24 657
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.

-
-
-
6 894
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.

-
-
-
1 356
total
-
-
-
43 283
Employee

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

51 178
-
110 000
-
health

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

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

6 894
-
6 894
-
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.

241
-
1 356
-
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.

4 397
-
24 657
-
total
11 532
-
32 907
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
58 822
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.

485
908
-
-
income
8 823
16 501
-
-
trade
9 677
18 096
-
-
chamber of commerce
237
310
-
-
total
19 222
35 815
-
-
Dividends
39 600
74 185
-
-
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.

523
1 000
-
-
withholding
9 516
18 163
-
-
total
10 039
19 163
-
-
Income
110 000
110 000
110 000
110 000
Total tax
40 793
54 978
32 907
43 283
After tax
69 207
55 022
77 093
66 717
Living cost
39 645
39 645
39 645
39 645
Free-cash
29 562
15 377
37 448
27 072

Estimated living cost  is ₽39645 per week

₽26515
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4181
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8358
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47731
₽43548
₽44643
₽43951
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
13 490
health
-
-
-
2 806
social contributions
-
-
-
16 328
total
-
-
-
32 624
Employee
77 601
77 601
99 863
-
social contributions
3 771
6 441
8 289
-
health
772
1 320
1 697
-
income
8 149
7 184
13 193
-
total
12 692
14 945
23 179
-
Employer
77 601
77 601
99 863
-
social contributions
3 771
6 441
8 289
-
health
841
1 436
1 848
-
total
4 612
7 877
10 137
-
Corporate
59 964
24 522
-
-
income
7 496
3 066
-
-
total
7 496
3 066
-
-
Dividends
52 468
21 456
-
-
withholding
8 919
3 648
-
-
total
8 919
3 648
-
-
Income
110 000
110 000
110 000
110 000
Total tax
33 719
29 536
33 316
32 624
After tax
76 281
80 464
76 684
77 376
Living cost
32 733
32 733
32 733
32 733
Free-cash
43 548
47 731
43 951
44 643

Estimated living cost  is ₽32733 per week

₽22376
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2557
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7251
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43600
₽43981
₽57866
₽45431
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
110 000
income
-
-
-
13 448
pensions
-
-
-
11 000
unemployment
-
-
-
1 650
health
-
-
-
7 700
total
-
-
-
33 798
Employee

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

The minimum wage is 138,000 HUF per month.

26 469
10 534
92 050
-
health
1 853
737
6 444
-
income
3 236
1 288
11 253
-
pensions
2 647
1 053
9 205
-
unemployment
397
158
1 381
-
total
8 133
3 236
28 283
-
Employer

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

The minimum wage is 138,000 HUF per month.

26 469
10 534
92 050
-
pensions
5 161
2 054
17 950
-
total
5 161
2 054
17 950
-
Corporate
78 370
97 412
-
-
income
7 053
8 767
-
-
total
7 053
8 767
-
-
Dividends
71 317
88 645
-
-
social contributions
13 786
17 165
-
-
withholding
13 550
16 842
-
-
total
27 336
34 007
-
-
Income
110 000
110 000
110 000
110 000
Total tax
47 683
48 064
46 233
33 798
After tax
62 317
61 936
63 767
76 202
Living cost
18 336
18 336
18 336
18 336
Free-cash
43 981
43 600
45 431
57 866

Estimated living cost  is ₽18336 per week

₽12513
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1500
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽366
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3957
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63624
₽57356
₽34583
₽39029
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
110 000
income
-
-
-
14 741
pensions
-
-
-
22 001
health
-
-
-
14 300
total
-
-
-
51 042
Employee
28 629
-
82 212
-
income
3 223
-
15 849
-
pensions
573
-
1 645
-
unemployment
458
-
1 316
-
total
4 254
-
18 810
-
Employer
28 629
-
82 212
-
unemployment
230
-
657
-
pensions
5 726
-
16 441
-
health
3 721
-
10 688
-
total
9 677
-
27 786
-
Corporate
71 694
110 000
-
-
income
14 338
22 001
-
-
total
14 338
22 001
-
-
Dividends
57 356
87 999
-
-
total
-
-
-
-
Income
110 000
110 000
110 000
110 000
Total tax
28 269
22 001
46 596
51 042
After tax
81 731
87 999
63 404
58 958
Living cost
24 375
24 375
24 375
24 375
Free-cash
57 356
63 624
39 029
34 583

Estimated living cost  is ₽24375 per week

₽16719
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1452
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.
₽5715
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽13162
₽5524
₽53365
₽35334
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
110 000
accident
-
-
-
253
income
-
-
-
27 576
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
34 563
Employee
34 721
-
95 031
-
health
3 975
-
10 881
-
income
4 763
-
19 091
-
pensions
3 910
-
7 654
-
total
12 648
-
37 626
-
Employer
34 721
-
95 031
-
accident
580
-
1 587
-
unemployment
851
-
2 328
-
pensions
5 646
-
11 053
-
total
7 077
-
14 968
-
Corporate
68 203
110 000
-
-
income

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

61 383
99 000
-
-
total
61 383
99 000
-
-
Dividends
6 820
11 000
-
-
withholding
1 296
2 090
-
-
total
1 296
2 090
-
-
Income
110 000
110 000
110 000
110 000
Total tax
82 404
101 090
52 594
34 563
After tax
27 596
8 910
57 406
75 437
Living cost
22 072
22 072
22 072
22 072
Free-cash
5 524
-13 162
35 334
53 365

Estimated living cost  is ₽22072 per week

₽16177
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4212
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95420
₽93717
₽99820
₽78920
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
11 349
-
110 000
-
income
2 270
-
22 000
-
total
2 270
-
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%.

98 651
110 000
-
-
total
-
-
-
-
Dividends
98 651
110 000
-
-
withholding
4 933
5 500
-
-
total
4 933
5 500
-
-
Income
110 000
110 000
110 000
110 000
Total tax
7 203
5 500
22 000
1 100
After tax
102 797
104 500
88 000
108 900
Living cost
9 080
9 080
9 080
9 080
Free-cash
93 717
95 420
78 920
99 820

Estimated living cost  is ₽9080 per week

₽5627
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽755
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽250
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2448
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53927
₽47111
₽32532
₽37081
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 114
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.

-
-
-
26 400
other
-
-
-
5 224
health
-
-
-
4 839
total
-
-
-
50 577
Employee
36 642
-
87 859
-
health
513
-
1 230
-
income
6 308
-
15 629
-
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.

2 564
-
6 149
-
unemployment
366
-
879
-
total
9 751
-
23 887
-
Employer
36 642
-
87 859
-
accident
293
-
703
-
other
1 833
-
4 393
-
unemployment
366
-
879
-
pensions

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

6 230
-
14 936
-
health
513
-
1 230
-
total
9 235
-
22 141
-
Corporate
64 123
110 000
-
-
income
13 465
23 100
-
-
total
13 465
23 100
-
-
Dividends
50 658
86 900
-
-
withholding
3 547
6 082
-
-
total
3 547
6 082
-
-
Income
110 000
110 000
110 000
110 000
Total tax
35 998
29 182
46 028
50 577
After tax
74 002
80 818
63 972
59 423
Living cost
26 891
26 891
26 891
26 891
Free-cash
47 111
53 927
37 081
32 532

Estimated living cost  is ₽26891 per week

₽19000
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1816
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽433
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5642
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11652
₽784
₽10354
₽466
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
24 176
pensions
-
-
-
7 744
total
-
-
-
31 920
Employee
95 822
-
96 724
-
health
1 579
-
1 597
-
income
17 273
-
17 583
-
pensions
9 244
-
9 351
-
total
28 096
-
28 531
-
Employer
95 822
-
96 724
-
pensions
11 314
-
11 439
-
health
1 820
-
1 838
-
total
13 134
-
13 277
-
Corporate
1 044
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.

198
20 899
-
-
total
198
20 899
-
-
Dividends
845
89 101
-
-
withholding
62
9 723
-
-
total
62
9 723
-
-
Income
110 000
110 000
110 000
110 000
Total tax
41 490
30 622
41 808
31 920
After tax
68 510
79 378
68 192
78 080
Living cost
67 726
67 726
67 726
67 726
Free-cash
784
11 652
466
10 354

Estimated living cost  is ₽67726 per week

₽50749
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7957
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.
₽8470
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽80811
₽76121
₽70844
₽74425
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
25 917
Employee
17 531
-
103 080
-
health
806
-
1 622
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
income
1 753
-
10 308
-
pensions

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

1 539
-
3 097
-
total
4 291
-
15 415
-
Employer
17 531
-
103 080
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
unemployment
105
-
212
-
pensions

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

1 932
-
3 887
-
health
1 210
-
2 434
-
total
3 440
-
6 921
-
Corporate
89 029
110 000
-
-
income
8 903
11 000
-
-
total
8 903
11 000
-
-
Dividends
80 126
99 000
-
-
withholding
4 006
4 950
-
-
total
4 006
4 950
-
-
Income
110 000
110 000
110 000
110 000
Total tax
20 640
15 950
22 336
25 917
After tax
89 360
94 050
87 664
84 083
Living cost
13 239
13 239
13 239
13 239
Free-cash
76 121
80 811
74 425
70 844

Estimated living cost  is ₽13239 per week

₽7729
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽945
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽351
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4214
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2511
₽27
₽6589
₽42
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
110 000
income
-
-
-
23 182
pensions
-
-
-
11 824
health
-
-
-
12 444
total
-
-
-
47 450
Employee
93 564
86 180
93 609
-
health
11 673
11 251
11 675
-
income

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

14 106
14 106
14 106
-
pensions
11 824
11 824
11 824
-
total
37 603
37 181
37 605
-
Employer
93 564
86 180
93 609
-
unemployment
3 369
3 102
3 371
-
pensions
6 511
5 998
6 515
-
health
6 502
5 990
6 506
-
total
16 382
15 090
16 392
-
Corporate
54
8 729
-
-
income
11
1 747
-
-
total
11
1 747
-
-
Dividends
43
6 982
-
-
income
10
1 484
-
-
withholding
6
1 048
-
-
total
16
2 532
-
-
Income
110 000
110 000
110 000
110 000
Total tax
54 012
56 550
53 997
47 450
After tax
55 988
53 450
56 003
62 550
Living cost
55 961
55 961
55 961
55 961
Free-cash
27
-2 511
42
6 589

Estimated living cost  is ₽55961 per week

₽41280
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4998
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽642
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9041
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51564
₽42942
₽29404
₽31650
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
14 850
solidarity contribution
-
-
-
-
social contributions
-
-
-
32 120
total
-
-
-
56 425
Employee
35 546
-
82 090
-
social contributions
2 310
-
5 336
-
health
4 799
-
11 082
-
solidarity contribution
-
-
-
-
income
4 265
-
9 851
-
total
11 374
-
26 269
-
Employer
35 546
-
82 090
-
social contributions
8 886
-
20 522
-
health
3 199
-
7 388
-
total
12 085
-
27 910
-
Corporate
62 369
110 000
-
-
income
11 850
20 900
-
-
total
11 850
20 900
-
-
Dividends
50 519
89 100
-
-
withholding
7 578
13 365
-
-
total
7 578
13 365
-
-
Income
110 000
110 000
110 000
110 000
Total tax
42 887
34 265
54 179
56 425
After tax
67 113
75 735
55 821
53 575
Living cost
24 171
24 171
24 171
24 171
Free-cash
42 942
51 564
31 650
29 404

Estimated living cost  is ₽24171 per week

₽16789
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1720
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5187
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16106
₽10837
₽13240
₽8004
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
110 000
municipal
-
-
-
653
regional
-
-
-
1 229
national
-
-
-
24 002
social contributions
-
-
-
28 292
total
-
-
-
54 176
Employee
89 690
-
110 000
-
social contributions
30 243
-
37 092
-
regional
846
-
1 078
-
municipal
475
-
584
-
national
15 541
-
20 658
-
total
47 105
-
59 412
-
Employer
89 690
-
110 000
-
total
-
-
-
-
Corporate
20 310
110 000
-
-
nationa
4 874
26 400
-
-
municipal
793
4 290
-
-
total
5 667
30 690
-
-
Dividends
14 643
79 310
-
-
withholding
3 807
20 620
-
-
total
3 807
20 620
-
-
Income
110 000
110 000
110 000
110 000
Total tax
56 579
51 310
59 412
54 176
After tax
53 421
58 690
50 588
55 824
Living cost
42 584
42 584
42 584
42 584
Free-cash
10 837
16 106
8 004
13 240

Estimated living cost  is ₽42584 per week

₽29684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2792
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽653
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9453
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46920
₽43781
₽33091
₽31249
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
21 809
pensions
-
-
-
22 001
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
7 810
surtax
-
-
-
2 790
total
-
-
-
54 640
Employee
33 373
-
90 872
-
other
-
-
-
-
health
852
-
2 317
-
surtax
109
-
2 511
-
income
5 594
-
20 139
-
pensions
2 225
-
6 061
-
unemployment
2 323
-
6 326
-
total
11 103
-
37 354
-
Employer
33 373
-
90 872
-
other
-
-
-
-
unemployment
1 057
-
2 880
-
pensions
4 449
-
12 113
-
health
1 519
-
4 135
-
total
7 025
-
19 128
-
Corporate
69 602
110 000
-
-
income
18 096
28 600
-
-
total
18 096
28 600
-
-
Dividends
51 506
81 400
-
-
withholding
7 726
12 211
-
-
total
7 726
12 211
-
-
Income
110 000
110 000
110 000
110 000
Total tax
43 950
40 811
56 482
54 640
After tax
66 050
69 189
53 518
55 360
Living cost
22 269
22 269
22 269
22 269
Free-cash
43 781
46 920
31 249
33 091

Estimated living cost  is ₽22269 per week

₽13616
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2055
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.
₽6084
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33109
₽28178
₽31811
₽21923
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
24 176
pensions
-
-
-
7 744
total
-
-
-
31 920
Employee
64 218
-
96 724
-
health
932
-
1 597
-
income
11 566
-
17 583
-
pensions
5 451
-
9 351
-
total
17 949
-
28 531
-
Employer
64 218
-
96 724
-
pensions
6 952
-
11 439
-
health
1 220
-
1 838
-
total
8 172
-
13 277
-
Corporate
37 611
110 000
-
-
income

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

7 146
20 899
-
-
total
7 146
20 899
-
-
Dividends
30 465
89 101
-
-
withholding
2 286
9 723
-
-
total
2 286
9 723
-
-
Income
110 000
110 000
110 000
110 000
Total tax
35 553
30 622
41 808
31 920
After tax
74 447
79 378
68 192
78 080
Living cost
46 269
46 269
46 269
46 269
Free-cash
28 178
33 109
21 923
31 811

Estimated living cost  is ₽46269 per week

₽34664
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3468
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7652
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽25974
₽6660
₽15088
₽9628
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
city
-
-
-
1 160
pensions
-
-
-
10 120
other

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

-
-
-
2 200
regional
-
-
-
4 051
health
-
-
-
249
national
-
-
-
858
total
-
-
-
18 638
Employee
89 260
-
98 456
-
city
958
-
1 058
-
regional
2 923
-
3 454
-
health
202
-
221
-
pensions
7 499
-
8 271
-
unemployment
-
-
-
-
national
422
-
633
-
total
12 004
-
13 637
-
Employer
89 260
-
98 456
-
other

This will depend on a canton and a chosen fund. The rate is between 0.1% and 3.63% for an employee. We use 2% as an average rate.

1 785
-
1 969
-
unemployment
-
-
-
-
pensions
7 499
-
8 271
-
health
202
-
221
-
total
9 486
-
10 461
-
Corporate
10 273
110 000
-
-
regional
2 173
23 265
-
-
national
874
9 350
-
-
total
3 047
32 615
-
-
Dividends
7 227
77 385
-
-
withholding
2 529
27 085
-
-
total
2 529
27 085
-
-
Income
110 000
110 000
110 000
110 000
Total tax
27 066
59 700
24 098
18 638
After tax
82 934
50 300
85 902
91 362
Living cost
76 274
76 274
76 274
76 274
Free-cash
6 660
-25 974
9 628
15 088

Estimated living cost  is ₽76274 per week

₽49600
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6845
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽936
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18893
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽8227
₽24593
₽20044
₽30862
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
110 000
trade
-
-
-
10 818
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.

-
-
-
24 657
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.

-
-
-
6 894
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.

-
-
-
1 356
total
-
-
-
43 725
Employee

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

60 650
-
110 000
-
health

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

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

6 894
-
6 894
-
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.

393
-
1 356
-
income

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

7 132
-
24 657
-
total
14 419
-
32 907
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
49 350
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.

408
908
-
-
income
7 402
16 501
-
-
trade
8 463
18 866
-
-
chamber of commerce
222
308
-
-
total
16 495
36 583
-
-
Dividends
32 855
73 418
-
-
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.

431
988
-
-
withholding
7 831
17 971
-
-
total
8 262
18 959
-
-
Income
110 000
110 000
110 000
110 000
Total tax
39 176
55 542
32 907
43 725
After tax
70 824
54 458
77 093
66 275
Living cost
46 231
46 231
46 231
46 231
Free-cash
24 593
8 227
30 862
20 044

Estimated living cost  is ₽46231 per week

₽33765
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3698
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽601
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8168
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20911
₽26877
₽28558
₽33406
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
110 000
income
-
-
-
11 762
pensions
-
-
-
26 073
other
-
-
-
3 411
health
-
-
-
2 536
surtax
-
-
-
-
social contributions
-
-
-
3 133
total
-
-
-
46 915
Employee
43 191
-
88 809
-
social contributions
1 231
-
2 530
-
surtax
-
-
-
-
income
2 549
-
13 794
-
pensions
4 884
-
4 554
-
total
8 664
-
20 878
-
Employer
43 191
-
88 809
-
other
1 490
-
3 064
-
social contributions
130
-
266
-
unemployment
1 748
-
3 597
-
pensions
7 095
-
7 960
-
health
3 024
-
6 302
-
total
13 487
-
21 189
-
Corporate
53 320
110 000
-
-
surtax
-
-
-
-
income
14 930
30 801
-
-
total
14 930
30 801
-
-
Dividends
38 390
79 199
-
-
surtax
-
-
-
-
social contributions
6 601
13 624
-
-
withholding
4 914
10 137
-
-
total
11 515
23 761
-
-
Income
110 000
110 000
110 000
110 000
Total tax
48 596
54 562
42 067
46 915
After tax
61 404
55 438
67 933
63 085
Living cost
34 527
34 527
34 527
34 527
Free-cash
26 877
20 911
33 406
28 558

Estimated living cost  is ₽34527 per week

₽21771
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2808
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽588
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9363
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24331
₽29939
₽31978
₽36826
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
110 000
income
-
-
-
11 762
pensions
-
-
-
26 073
other
-
-
-
3 411
health
-
-
-
2 536
surtax
-
-
-
-
social contributions
-
-
-
3 133
total
-
-
-
46 915
Employee
38 554
-
88 809
-
social contributions
1 099
-
2 530
-
surtax
-
-
-
-
income
1 988
-
13 794
-
pensions
4 361
-
4 554
-
total
7 448
-
20 878
-
Employer
38 554
-
88 809
-
other
1 331
-
3 064
-
social contributions
115
-
266
-
unemployment
1 561
-
3 597
-
pensions
6 335
-
7 960
-
health
2 698
-
6 302
-
total
12 040
-
21 189
-
Corporate
59 405
110 000
-
-
surtax
-
-
-
-
income
16 633
30 801
-
-
total
16 633
30 801
-
-
Dividends
42 772
79 199
-
-
surtax
-
-
-
-
social contributions
7 358
13 624
-
-
withholding
5 475
10 137
-
-
total
12 833
23 761
-
-
Income
110 000
110 000
110 000
110 000
Total tax
48 954
54 562
42 067
46 915
After tax
61 046
55 438
67 933
63 085
Living cost
31 107
31 107
31 107
31 107
Free-cash
29 939
24 331
36 826
31 978

Estimated living cost  is ₽31107 per week

₽18040
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3160
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9317
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45710
₽46233
₽49243
₽48966
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
7 678
social contributions
-
-
-
15 179
total
-
-
-
39 358
Employee
34 217
-
110 000
-
social contributions
4 723
-
15 179
-
health
2 388
-
7 678
-
income
5 707
-
16 778
-
total
12 818
-
39 635
-
Employer
34 217
-
110 000
-
total
-
-
-
-
Corporate
75 783
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%.

3 790
5 500
-
-
total
3 790
5 500
-
-
Dividends
71 993
104 500
-
-
health
5 025
7 295
-
-
social contributions
9 936
14 421
-
-
withholding
10 799
15 675
-
-
total
25 760
37 391
-
-
Income
110 000
110 000
110 000
110 000
Total tax
42 368
42 891
39 635
39 358
After tax
67 632
67 109
70 365
70 642
Living cost
21 399
21 399
21 399
21 399
Free-cash
46 233
45 710
48 966
49 243

Estimated living cost  is ₽21399 per week

₽14321
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1320
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.
₽5265
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25950
₽24387
₽19392
-₽3358
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
110 000
chamber of commerce
-
-
-
440
income
-
-
-
19 454
pensions
-
-
-
20 350
unemployment
-
-
-
6 190
health
-
-
-
8 415
surtax
-
-
-
199
total
-
-
-
55 048
Employee
50 434
40 217
85 262
-
other
504
402
852
-
health
1 952
1 557
3 300
-
income
5 742
2 967
17 259
-
pensions
5 165
4 117
8 731
-
unemployment
1 513
1 207
2 559
-
total
14 876
10 250
32 701
-
Employer
50 434
40 217
85 262
-
accident
655
523
1 109
-
other
2 396
1 909
4 049
-
chamber of commerce
201
161
341
-
unemployment
1 513
1 207
2 559
-
surtax
199
199
199
-
pensions
6 329
5 048
10 700
-
payroll
1 513
1 207
2 559
-
health
1 906
1 521
3 223
-
total
14 712
11 775
24 739
-
Corporate
44 854
58 009
81 432
-
income

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

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

11 213
14 501
20 358
-
total
11 213
14 501
20 358
-
Dividends
33 641
43 507
-
-
withholding
9 252
11 964
-
-
total
9 252
11 964
-
-
Income
110 000
110 000
110 000
110 000
Total tax
50 053
48 490
77 798
55 048
After tax
59 947
61 510
32 202
54 952
Living cost
35 560
35 560
35 560
35 560
Free-cash
24 387
25 950
-3 358
19 392

Estimated living cost  is ₽35560 per week

₽23717
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3034
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8225
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24863
₽9731
₽13761
₽5551
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
36 253
communal

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

-
-
-
5 540
social contributions
-
-
-
17 650
total
-
-
-
59 443
Employee

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

72 187
-
85 194
-
communal

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

3 765
-
4 443
-
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.

3 392
-
4 005
-
pensions

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

5 414
-
6 389
-
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.

628
-
741
-
national
22 193
-
27 280
-
total
35 392
-
42 858
-
Employer

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

72 187
-
85 194
-
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.

938
-
1 107
-
unemployment

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

1 053
-
1 243
-
surtax
8 185
-
9 660
-
pensions

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

6 396
-
7 547
-
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.

4 439
-
5 238
-
total
21 011
-
24 795
-
Corporate
16 800
110 000
-
-
surtax
67
440
-
-
income
3 359
22 001
-
-
total
3 426
22 441
-
-
Dividends
13 374
87 559
-
-
withholding

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

3 644
25 900
-
-
total
3 644
25 900
-
-
Income
110 000
110 000
110 000
110 000
Total tax
63 473
48 341
67 653
59 443
After tax
46 527
61 659
42 347
50 557
Living cost
36 796
36 796
36 796
36 796
Free-cash
9 731
24 863
5 551
13 761

Estimated living cost  is ₽36796 per week

₽23701
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3217
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.
₽9302
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37647
₽29609
₽23407
₽21000
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
843
income
-
-
-
22 084
pensions
-
-
-
26 471
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
50 147
Employee
50 235
-
83 409
-
other
50
-
84
-
income
10 599
-
20 669
-
pensions
2 361
-
3 920
-
unemployment
779
-
1 293
-
total
13 789
-
25 966
-
Employer
50 235
-
83 409
-
accident
994
-
1 651
-
other
400
-
666
-
unemployment
2 764
-
4 587
-
pensions
11 855
-
19 684
-
total
16 013
-
26 588
-
Corporate
43 753
110 000
-
-
income

The general rate of corporate tax is 25%. The lower rate of 15% is introduced for newly formed companies which applies during the first two years of operation in which taxable profit is made. We use the lower rate in our model.

6 563
16 501
-
-
total
6 563
16 501
-
-
Dividends
37 190
93 499
-
-
withholding
7 580
19 406
-
-
total
7 580
19 406
-
-
Income
110 000
110 000
110 000
110 000
Total tax
43 945
35 907
52 554
50 147
After tax
66 055
74 093
57 446
59 853
Living cost
36 446
36 446
36 446
36 446
Free-cash
29 609
37 647
21 000
23 407

Estimated living cost  is ₽36446 per week

₽26838
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2585
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6496
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12161
₽4843
₽6854
₽11498
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
927
income
-
-
-
10 756
pensions
-
-
-
16 487
health
-
-
-
7 727
surtax
-
-
-
5 454
communal
-
-
-
6 952
total
-
-
-
48 303
Employee
76 425
-
98 257
-
health
3 401
-
4 372
-
surtax
4 684
-
6 021
-
income
7 382
-
13 664
-
pensions
6 113
-
7 860
-
total
21 580
-
31 917
-
Employer
76 425
-
98 257
-
accident
688
-
885
-
pensions
6 113
-
7 860
-
health
2 331
-
2 997
-
total
9 132
-
11 742
-
Corporate
24 444
110 000
-
-
surtax
257
1 155
-
-
communal
-
7 425
-
-
income
3 667
16 501
-
-
total
3 924
25 081
-
-
Dividends
20 520
84 920
-
-
income
12 600
5 178
-
-
withholding
3 078
12 737
-
-
total
15 678
17 915
-
-
Income
110 000
110 000
110 000
110 000
Total tax
50 314
42 996
43 659
48 303
After tax
59 686
67 004
66 341
61 697
Living cost
54 843
54 843
54 843
54 843
Free-cash
4 843
12 161
11 498
6 854

Estimated living cost  is ₽54843 per week

₽41140
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3323
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9798
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46522
₽43314
₽32693
₽30851
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
21 809
pensions
-
-
-
22 001
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
7 810
surtax
-
-
-
2 790
total
-
-
-
54 640
Employee
33 986
-
90 872
-
other
-
-
-
-
health
868
-
2 317
-
surtax
121
-
2 511
-
income
5 697
-
20 139
-
pensions
2 267
-
6 061
-
unemployment
2 365
-
6 326
-
total
11 318
-
37 354
-
Employer
33 986
-
90 872
-
other
-
-
-
-
unemployment
1 078
-
2 880
-
pensions
4 531
-
12 113
-
health
1 545
-
4 135
-
total
7 154
-
19 128
-
Corporate
68 859
110 000
-
-
income
17 904
28 600
-
-
total
17 904
28 600
-
-
Dividends
50 955
81 400
-
-
withholding
7 643
12 211
-
-
total
7 643
12 211
-
-
Income
110 000
110 000
110 000
110 000
Total tax
44 019
40 811
56 482
54 640
After tax
65 981
69 189
53 518
55 360
Living cost
22 667
22 667
22 667
22 667
Free-cash
43 314
46 522
30 851
32 693

Estimated living cost  is ₽22667 per week

₽13685
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1971
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.
₽6486
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30633
₽28392
₽28209
₽23002
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
110 000
municipal
-
-
-
653
regional
-
-
-
1 659
national
-
-
-
24 002
social contributions
-
-
-
28 292
total
-
-
-
54 606
Employee
55 981
-
110 000
-
social contributions
18 877
-
37 092
-
regional
754
-
1 479
-
municipal
297
-
584
-
national
8 869
-
20 658
-
total
28 797
-
59 813
-
Employer
55 981
-
110 000
-
total
-
-
-
-
Corporate
54 019
110 000
-
-
nationa
12 965
26 400
-
-
municipal
2 685
5 468
-
-
total
15 650
31 868
-
-
Dividends
38 369
78 133
-
-
withholding
9 976
20 314
-
-
total
9 976
20 314
-
-
Income
110 000
110 000
110 000
110 000
Total tax
54 423
52 182
59 813
54 606
After tax
55 577
57 818
50 187
55 394
Living cost
27 185
27 185
27 185
27 185
Free-cash
28 392
30 633
23 002
28 209

Estimated living cost  is ₽27185 per week

₽16907
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2754
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7059
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45950
₽35325
₽23790
₽26036
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
14 850
solidarity contribution
-
-
-
-
social contributions
-
-
-
32 120
total
-
-
-
56 425
Employee
43 801
-
82 090
-
social contributions
2 847
-
5 336
-
health
5 913
-
11 082
-
solidarity contribution
-
-
-
-
income
5 256
-
9 851
-
total
14 016
-
26 269
-
Employer
43 801
-
82 090
-
social contributions
10 950
-
20 522
-
health
3 942
-
7 388
-
total
14 892
-
27 910
-
Corporate
51 306
110 000
-
-
income
9 748
20 900
-
-
total
9 748
20 900
-
-
Dividends
41 558
89 100
-
-
withholding
6 234
13 365
-
-
total
6 234
13 365
-
-
Income
110 000
110 000
110 000
110 000
Total tax
44 890
34 265
54 179
56 425
After tax
65 110
75 735
55 821
53 575
Living cost
29 785
29 785
29 785
29 785
Free-cash
35 325
45 950
26 036
23 790

Estimated living cost  is ₽29785 per week

₽22150
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1650
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.
₽5470
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29420
₽28922
₽22954
₽45
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
110 000
chamber of commerce
-
-
-
440
income
-
-
-
19 454
pensions
-
-
-
20 350
unemployment
-
-
-
6 190
health
-
-
-
8 415
surtax
-
-
-
-
total
-
-
-
54 849
Employee
44 114
40 217
85 416
-
other
440
402
854
-
health
1 706
1 557
3 305
-
income
3 930
2 967
17 313
-
pensions
4 518
4 117
8 746
-
unemployment
1 323
1 207
2 562
-
total
11 917
10 250
32 780
-
Employer
44 114
40 217
85 416
-
accident
573
523
1 111
-
other
2 095
1 909
4 056
-
chamber of commerce
176
161
341
-
unemployment
1 323
1 207
2 562
-
surtax
-
-
-
-
pensions
5 537
5 048
10 719
-
payroll
1 323
1 207
2 562
-
health
1 668
1 521
3 229
-
total
12 695
11 576
24 580
-
Corporate
53 190
58 208
81 589
-
income

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

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

13 299
14 551
20 398
-
total
13 299
14 551
20 398
-
Dividends
39 892
43 657
-
-
withholding
10 970
12 006
-
-
total
10 970
12 006
-
-
Income
110 000
110 000
110 000
110 000
Total tax
48 881
48 383
77 758
54 849
After tax
61 119
61 617
32 242
55 151
Living cost
32 197
32 197
32 197
32 197
Free-cash
28 922
29 420
45
22 954

Estimated living cost  is ₽32197 per week

₽19314
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3288
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9020
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90351
₽87698
₽94751
₽73851
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
17 686
-
110 000
-
income
3 537
-
22 000
-
total
3 537
-
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%.

92 314
110 000
-
-
total
-
-
-
-
Dividends
92 314
110 000
-
-
withholding
4 616
5 500
-
-
total
4 616
5 500
-
-
Income
110 000
110 000
110 000
110 000
Total tax
8 153
5 500
22 000
1 100
After tax
101 847
104 500
88 000
108 900
Living cost
14 149
14 149
14 149
14 149
Free-cash
87 698
90 351
73 851
94 751

Estimated living cost  is ₽14149 per week

₽9575
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽594
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3505
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48665
₽40226
₽29444
₽26293
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
22 408
pensions
-
-
-
20 090
unemployment
-
-
-
165
health
-
-
-
10 824
total
-
-
-
53 487
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.

44 626
-
95 181
-
health
2 882
-
6 149
-
income
7 696
-
20 784
-
pensions
6 917
-
14 752
-
unemployment
63
-
134
-
total
17 558
-
41 819
-
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.

44 626
-
95 181
-
unemployment
27
-
57
-
pensions
3 949
-
8 423
-
health
2 972
-
6 339
-
total
6 948
-
14 819
-
Corporate
58 426
110 000
-
-
income
11 100
20 900
-
-
total
11 100
20 900
-
-
Dividends
47 326
89 100
-
-
withholding
7 099
13 366
-
-
total
7 099
13 366
-
-
Income
110 000
110 000
110 000
110 000
Total tax
42 705
34 266
56 638
53 487
After tax
67 295
75 734
53 362
56 513
Living cost
27 069
27 069
27 069
27 069
Free-cash
40 226
48 665
26 293
29 444

Estimated living cost  is ₽27069 per week

₽18577
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1735
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6234
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23340
-₽40609
₽32435
₽53128
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
110 000
income
-
-
-
21 441
social contributions
-
-
-
12 540
total
-
-
-
33 981
Employee
62 493
-
-
-
social contributions
5 124
-
730
-
income
13 785
-
-
-
total
18 909
-
730
-
Employer
62 493
-
-
-
social contributions
88 116
-
12 558
-
total
88 116
-
12 558
-
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
107 025
43 076
13 288
33 981
After tax
2 975
66 924
96 712
76 019
Living cost
43 584
43 584
43 584
43 584
Free-cash
-40 609
23 340
53 128
32 435

Estimated living cost  is ₽43584 per week

₽28279
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4099
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10650
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30913
₽29896
₽29427
₽23265
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Based on articles 30.º, 31.º and 151.º of CIRS, sole-trader can use 75% of income as a tax base when earnings are below €200,000 per annum.

-
-
-
110 000
income
-
-
-
10 692
surtax
-
-
-
-
social contributions

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

-
-
-
38 226
total
-
-
-
48 918
Employee
46 415
-
88 888
-
social contributions
5 106
-
9 779
-
surtax
-
-
-
-
income
9 654
-
24 191
-
total
14 760
-
33 970
-
Employer
46 415
-
88 888
-
social contributions
11 023
-
21 110
-
total
11 023
-
21 110
-
Corporate
52 562
110 000
-
-
surtax
-
-
-
-
income
11 039
23 100
-
-
total
11 039
23 100
-
-
Dividends
41 523
86 900
-
-
withholding
11 627
24 332
-
-
total
11 627
24 332
-
-
Income
110 000
110 000
110 000
110 000
Total tax
48 449
47 432
55 080
48 918
After tax
61 551
62 568
54 920
61 082
Living cost
31 655
31 655
31 655
31 655
Free-cash
29 896
30 913
23 265
29 427

Estimated living cost  is ₽31655 per week

₽23684
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.
₽529
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5575
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6696
₽13634
₽14343
₽19191
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
110 000
income
-
-
-
11 762
pensions
-
-
-
26 073
other
-
-
-
3 411
health
-
-
-
2 536
surtax
-
-
-
-
social contributions
-
-
-
3 133
total
-
-
-
46 915
Employee
63 207
-
88 809
-
social contributions
1 800
-
2 530
-
surtax
-
-
-
-
income
5 515
-
13 794
-
pensions
7 149
-
4 554
-
total
14 464
-
20 878
-
Employer
63 207
-
88 809
-
other
2 181
-
3 064
-
social contributions
190
-
266
-
unemployment
2 561
-
3 597
-
pensions
10 386
-
7 960
-
health
4 424
-
6 302
-
total
19 742
-
21 189
-
Corporate
27 052
110 000
-
-
surtax
-
-
-
-
income
7 574
30 801
-
-
total
7 574
30 801
-
-
Dividends
19 478
79 199
-
-
surtax
-
-
-
-
social contributions
3 351
13 624
-
-
withholding
2 493
10 137
-
-
total
5 844
23 761
-
-
Income
110 000
110 000
110 000
110 000
Total tax
47 624
54 562
42 067
46 915
After tax
62 376
55 438
67 933
63 085
Living cost
48 742
48 742
48 742
48 742
Free-cash
13 634
6 696
19 191
14 343

Estimated living cost  is ₽48742 per week

₽32988
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3987
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽668
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11098
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68664
₽65273
₽53012
₽55933
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 451
social contributions
-
-
-
24 201
total
-
-
-
26 652
Employee
32 444
-
95 238
-
income
-
-
2 777
-
social contributions
2 109
-
6 192
-
total
2 109
-
8 969
-
Employer
32 444
-
95 238
-
social contributions
5 029
-
14 762
-
total
5 029
-
14 762
-
Corporate
72 527
110 000
-
-
income
7 253
11 000
-
-
total
7 253
11 000
-
-
Dividends
65 274
99 000
-
-
total
-
-
-
-
Income
110 000
110 000
110 000
110 000
Total tax
14 391
11 000
23 731
26 652
After tax
95 609
99 000
86 269
83 348
Living cost
30 336
30 336
30 336
30 336
Free-cash
65 273
68 664
55 933
53 012

Estimated living cost  is ₽30336 per week

₽19615
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2287
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.
₽7863
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽109973
-₽109973
₽19069
-₽109973
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
110 000
municipal
-
-
-
20 899
pensions
-
-
-
875
national
-
-
-
11 804
labour market
-
-
-
8 730
total
-
-
-
42 308
Employee
205 227
205 227
205 227
-
labour market
16 395
16 395
16 395
-
national
25 072
25 072
25 072
-
municipal
43 702
43 702
43 702
-
pensions
292
292
292
-
total
85 461
85 461
85 461
-
Employer
205 227
205 227
205 227
-
labour market
16 418
16 418
16 418
-
municipal
43 772
43 772
43 772
-
pensions
583
583
583
-
national
25 116
25 116
25 116
-
total
85 889
85 889
85 889
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
110 000
110 000
110 000
110 000
Total tax
171 350
171 350
171 350
42 308
After tax
-61 350
-61 350
-61 350
67 692
Living cost
48 623
48 623
48 623
48 623
Free-cash
-109 973
-109 973
-109 973
19 069

Estimated living cost  is ₽48623 per week

₽33278
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4301
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽748
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10296
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽12836
₽5575
₽53691
₽35660
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
110 000
accident
-
-
-
253
income
-
-
-
27 576
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
34 563
Employee
34 209
-
95 031
-
health
3 917
-
10 881
-
income
4 693
-
19 091
-
pensions
3 852
-
7 654
-
total
12 462
-
37 626
-
Employer
34 209
-
95 031
-
accident
571
-
1 587
-
unemployment
838
-
2 328
-
pensions
5 562
-
11 053
-
total
6 971
-
14 968
-
Corporate
68 820
110 000
-
-
income

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

61 938
99 000
-
-
total
61 938
99 000
-
-
Dividends
6 882
11 000
-
-
withholding
1 308
2 090
-
-
total
1 308
2 090
-
-
Income
110 000
110 000
110 000
110 000
Total tax
82 679
101 090
52 594
34 563
After tax
27 321
8 910
57 406
75 437
Living cost
21 746
21 746
21 746
21 746
Free-cash
5 575
-12 836
35 660
53 691

Estimated living cost  is ₽21746 per week

₽15829
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1240
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4269
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33700
₽32444
₽38349
₽23267
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

You can choose the amount to declare for pension contributions and choose a pension insurance company or a pension insurance fund you prefer to use; or you could opt out of pension contributions altogether. You can find more details on Finnish Centre for Pensions

-
-
-
110 000
municipal
-
-
-
19 571
health
-
-
-
1 274
national
-
-
-
12 061
total
-
-
-
32 906
Employee
53 095
-
92 538
-
health
396
-
1 004
-
municipal
8 697
-
15 103
-
pensions
3 583
-
6 247
-
unemployment
797
-
1 388
-
national
877
-
6 787
-
total
14 350
-
30 529
-
Employer
53 095
-
92 538
-
accident
54
-
92
-
unemployment
345
-
601
-
pensions
9 212
-
16 054
-
health
408
-
712
-
total
10 019
-
17 459
-
Corporate
46 887
110 000
-
-
income
9 378
22 001
-
-
total
9 378
22 001
-
-
Dividends

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

28 131
65 999
-
-
national
-
3 675
-
-
municipal
5 064
11 879
-
-
total
5 064
15 554
-
-
Income
110 000
110 000
110 000
110 000
Total tax
38 811
37 555
47 988
32 906
After tax
71 189
72 445
62 012
77 094
Living cost
38 745
38 745
38 745
38 745
Free-cash
32 444
33 700
23 267
38 349

Estimated living cost  is ₽38745 per week

₽25308
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽617
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9095
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57099
₽51611
₽54011
₽53319
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
13 490
health
-
-
-
2 806
social contributions
-
-
-
16 328
total
-
-
-
32 624
Employee
77 601
77 601
99 863
-
social contributions
2 934
6 441
8 289
-
health
601
1 320
1 697
-
income
8 449
7 184
13 193
-
total
11 984
14 945
23 179
-
Employer
77 601
77 601
99 863
-
social contributions
2 934
6 441
8 289
-
health
653
1 436
1 848
-
total
3 587
7 877
10 137
-
Corporate
71 063
24 522
-
-
income
8 882
3 066
-
-
total
8 882
3 066
-
-
Dividends
62 181
21 456
-
-
withholding
10 571
3 648
-
-
total
10 571
3 648
-
-
Income
110 000
110 000
110 000
110 000
Total tax
35 024
29 536
33 316
32 624
After tax
74 976
80 464
76 684
77 376
Living cost
23 365
23 365
23 365
23 365
Free-cash
51 611
57 099
53 319
54 011

Estimated living cost  is ₽23365 per week

₽14003
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2292
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6554
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75069
₽69932
₽73244
₽53003
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 633
pensions
-
-
-
6 419
unemployment
-
-
-
29
health
-
-
-
3 652
total
-
-
-
20 733
Employee

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

23 164
-
100 137
-
health
1 969
-
8 139
-
income
1 584
-
8 130
-
pensions
3 474
-
14 363
-
unemployment
115
-
479
-
total
7 142
-
31 111
-
Employer

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

23 164
-
100 137
-
unemployment
115
-
479
-
pensions
1 274
-
5 267
-
health
996
-
4 117
-
total
2 385
-
9 863
-
Corporate
84 451
110 000
-
-
income
7 601
9 899
-
-
total
7 601
9 899
-
-
Dividends
76 850
100 101
-
-
withholding
6 917
9 009
-
-
total
6 917
9 009
-
-
Income
110 000
110 000
110 000
110 000
Total tax
24 045
18 908
40 974
20 733
After tax
85 955
91 092
69 026
89 267
Living cost
16 023
16 023
16 023
16 023
Free-cash
69 932
75 069
53 003
73 244

Estimated living cost  is ₽16023 per week

₽10223
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1155
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4167
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46342
₽41051
₽32102
₽29695
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
843
income
-
-
-
22 084
pensions
-
-
-
26 471
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
50 147
Employee
37 315
-
83 409
-
other
36
-
84
-
income
7 194
-
20 669
-
pensions
1 754
-
3 920
-
unemployment
578
-
1 293
-
total
9 562
-
25 966
-
Employer
37 315
-
83 409
-
accident
739
-
1 651
-
other
299
-
666
-
unemployment
2 053
-
4 587
-
pensions
8 806
-
19 684
-
total
11 897
-
26 588
-
Corporate
60 788
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.

9 118
16 501
-
-
total
9 118
16 501
-
-
Dividends
51 670
93 499
-
-
withholding
10 621
19 406
-
-
total
10 621
19 406
-
-
Income
110 000
110 000
110 000
110 000
Total tax
41 198
35 907
52 554
50 147
After tax
68 802
74 093
57 446
59 853
Living cost
27 751
27 751
27 751
27 751
Free-cash
41 051
46 342
29 695
32 102

Estimated living cost  is ₽27751 per week

₽18732
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2668
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5866
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65884
₽65430
₽67126
₽66928
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
36 651
pensions
-
-
-
2 010
health
-
-
-
1 457
total
-
-
-
40 118
Employee
4 198
-
107 738
-
health
210
-
503
-
income
812
-
36 545
-
pensions
378
-
905
-
unemployment
42
-
101
-
total
1 442
-
38 054
-
Employer
4 198
-
107 738
-
unemployment
84
-
201
-
pensions
462
-
1 106
-
health
399
-
955
-
total
945
-
2 262
-
Corporate
104 858
110 000
-
-
income
23 069
24 200
-
-
total
23 069
24 200
-
-
Dividends
81 789
85 800
-
-
withholding
16 358
17 160
-
-
total
16 358
17 160
-
-
Income
110 000
110 000
110 000
110 000
Total tax
41 814
41 360
40 316
40 118
After tax
68 186
68 640
69 684
69 882
Living cost
2 756
2 756
2 756
2 756
Free-cash
65 430
65 884
66 928
67 126

Estimated living cost  is ₽2756 per week

₽1638
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽63
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽832
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62022
₽57057
₽41839
₽41840
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
110 000
income
-
-
-
22 515
pensions
-
-
-
19 392
unemployment
-
-
-
1 119
health
-
-
-
7 682
total
-
-
-
50 708
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.

26 319
-
96 649
-
health
1 355
-
3 841
-
income
3 628
-
22 515
-
pensions
3 685
-
10 442
-
unemployment
197
-
559
-
total
8 865
-
37 357
-
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.

26 319
-
96 649
-
unemployment
197
-
559
-
pensions
3 158
-
8 950
-
health
1 355
-
3 841
-
total
4 710
-
13 350
-
Corporate
78 970
110 000
-
-
income
11 846
16 500
-
-
total
11 846
16 500
-
-
Dividends
67 125
93 500
-
-
withholding
10 069
14 025
-
-
total
10 069
14 025
-
-
Income
110 000
110 000
110 000
110 000
Total tax
35 490
30 525
50 707
50 708
After tax
74 510
79 475
59 293
59 292
Living cost
17 453
17 453
17 453
17 453
Free-cash
57 057
62 022
41 840
41 839

Estimated living cost  is ₽17453 per week

₽11751
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1350
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽505
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3847
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35361
₽34997
₽33875
₽27713
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Based on articles 30.º, 31.º and 151.º of CIRS, sole-trader can use 75% of income as a tax base when earnings are below €200,000 per annum.

-
-
-
110 000
income
-
-
-
10 692
surtax
-
-
-
-
social contributions

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

-
-
-
38 226
total
-
-
-
48 918
Employee
39 169
-
88 888
-
social contributions
4 309
-
9 779
-
surtax
-
-
-
-
income
7 653
-
24 191
-
total
11 962
-
33 970
-
Employer
39 169
-
88 888
-
social contributions
9 302
-
21 110
-
total
9 302
-
21 110
-
Corporate
61 530
110 000
-
-
surtax
-
-
-
-
income
12 921
23 100
-
-
total
12 921
23 100
-
-
Dividends
48 608
86 900
-
-
withholding
13 611
24 332
-
-
total
13 611
24 332
-
-
Income
110 000
110 000
110 000
110 000
Total tax
47 796
47 432
55 080
48 918
After tax
62 204
62 568
54 920
61 082
Living cost
27 207
27 207
27 207
27 207
Free-cash
34 997
35 361
27 713
33 875

Estimated living cost  is ₽27207 per week

₽19270
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1890
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽5565
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38626
₽30931
₽24386
₽21979
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
843
income
-
-
-
22 084
pensions
-
-
-
26 471
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
50 147
Employee
48 739
-
83 409
-
other
48
-
84
-
income
10 180
-
20 669
-
pensions
2 290
-
3 920
-
unemployment
755
-
1 293
-
total
13 273
-
25 966
-
Employer
48 739
-
83 409
-
accident
965
-
1 651
-
other
391
-
666
-
unemployment
2 681
-
4 587
-
pensions
11 502
-
19 684
-
total
15 539
-
26 588
-
Corporate
45 722
110 000
-
-
income

The general rate of corporate tax is 25%. The lower rate of 15% is introduced for newly formed companies which applies during the first two years of operation in which taxable profit is made. We use the lower rate in our model.

6 858
16 501
-
-
total
6 858
16 501
-
-
Dividends
38 864
93 499
-
-
withholding
7 932
19 406
-
-
total
7 932
19 406
-
-
Income
110 000
110 000
110 000
110 000
Total tax
43 602
35 907
52 554
50 147
After tax
66 398
74 093
57 446
59 853
Living cost
35 467
35 467
35 467
35 467
Free-cash
30 931
38 626
21 979
24 386

Estimated living cost  is ₽35467 per week

₽25471
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2758
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6739
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Madrid model

Close
Sofia , Bulgaria
₽76679
₽70525
₽66712
₽70293
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
25 917
Employee
23 001
-
103 080
-
health
1 058
-
1 622
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
income
2 300
-
10 308
-
pensions

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

2 019
-
3 097
-
total
5 630
-
15 415
-
Employer
23 001
-
103 080
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
unemployment
138
-
212
-
pensions

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

2 535
-
3 887
-
health
1 587
-
2 434
-
total
4 513
-
6 921
-
Corporate
82 486
110 000
-
-
income
8 249
11 000
-
-
total
8 249
11 000
-
-
Dividends
74 237
99 000
-
-
withholding
3 712
4 950
-
-
total
3 712
4 950
-
-
Income
110 000
110 000
110 000
110 000
Total tax
22 104
15 950
22 336
25 917
After tax
87 896
94 050
87 664
84 083
Living cost
17 371
17 371
17 371
17 371
Free-cash
70 525
76 679
70 293
66 712

Estimated living cost  is ₽17371 per week

₽11489
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽994
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽414
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4474
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17762
₽30961
₽29078
₽38131
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
110 000
trade
-
-
-
9 053
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.

-
-
-
24 657
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.

-
-
-
6 894
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.

-
-
-
1 356
total
-
-
-
41 960
Employee

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

50 213
-
110 000
-
health

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

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

6 894
-
6 894
-
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.

228
-
1 356
-
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.

4 129
-
24 657
-
total
11 251
-
32 907
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
59 787
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.

494
908
-
-
income
8 968
16 501
-
-
trade
8 580
15 784
-
-
chamber of commerce
241
314
-
-
total
18 283
33 507
-
-
Dividends
41 503
76 493
-
-
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.

550
1 030
-
-
withholding
9 993
18 739
-
-
total
10 543
19 769
-
-
Income
110 000
110 000
110 000
110 000
Total tax
40 077
53 276
32 907
41 960
After tax
69 923
56 724
77 093
68 040
Living cost
38 962
38 962
38 962
38 962
Free-cash
30 961
17 762
38 131
29 078

Estimated living cost  is ₽38962 per week

₽26877
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4192
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7327
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19511
₽21742
₽15218
₽15218
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
110 000
income
-
-
-
27 319
social contributions
-
-
-
9 976
total
-
-
-
37 295
Employee
78 941
-
110 000
-
income
14 896
-
27 319
-
social contributions
6 558
-
9 976
-
total
21 454
-
37 295
-
Employer
78 941
-
110 000
-
total
-
-
-
-
Corporate
31 059
110 000
-
-
income
3 882
13 751
-
-
total
3 882
13 751
-
-
Dividends
27 178
96 249
-
-
withholding
5 435
19 251
-
-
total
5 435
19 251
-
-
Income
110 000
110 000
110 000
110 000
Total tax
30 771
33 002
37 295
37 295
After tax
79 229
76 998
72 705
72 705
Living cost
57 487
57 487
57 487
57 487
Free-cash
21 742
19 511
15 218
15 218

Estimated living cost  is ₽57487 per week

₽43735
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4684
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8518
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29534
₽33061
₽37898
₽44295
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
110 000
income
-
-
-
28 727
health

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

-
-
-
6 741
total
-
-
-
35 468
Employee
46 295
-
105 358
-
income
5 023
-
19 787
-
social contributions
4 638
-
4 642
-
total
9 661
-
24 429
-
Employer
46 295
-
105 358
-
social contributions
4 638
-
4 642
-
total
4 638
-
4 642
-
Corporate
59 066
110 000
-
-
income
20 674
38 500
-
-
total
20 674
38 500
-
-
Dividends
38 393
71 500
-
-
social contributions
5 332
5 332
-
-
total
5 332
5 332
-
-
Income
110 000
110 000
110 000
110 000
Total tax
40 305
43 832
29 071
35 468
After tax
69 695
66 168
80 929
74 532
Living cost
36 634
36 634
36 634
36 634
Free-cash
33 061
29 534
44 295
37 898

Estimated living cost  is ₽36634 per week

₽24130
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2888
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.
₽9053
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41763
₽39088
₽40465
₽30577
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
24 176
pensions
-
-
-
7 744
total
-
-
-
31 920
Employee
51 632
-
96 724
-
health
674
-
1 597
-
income
9 403
-
17 583
-
pensions
3 941
-
9 351
-
total
14 018
-
28 531
-
Employer
51 632
-
96 724
-
pensions
5 216
-
11 439
-
health
981
-
1 838
-
total
6 197
-
13 277
-
Corporate
52 170
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.

9 913
20 899
-
-
total
9 913
20 899
-
-
Dividends
42 257
89 101
-
-
withholding
3 169
9 723
-
-
total
3 169
9 723
-
-
Income
110 000
110 000
110 000
110 000
Total tax
33 297
30 622
41 808
31 920
After tax
76 703
79 378
68 192
78 080
Living cost
37 615
37 615
37 615
37 615
Free-cash
39 088
41 763
30 577
40 465

Estimated living cost  is ₽37615 per week

₽25804
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3459
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7879
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽14990
₽5244
₽51537
₽33506
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
110 000
accident
-
-
-
253
income
-
-
-
27 576
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
34 563
Employee
37 595
-
95 031
-
health
4 304
-
10 881
-
income
5 158
-
19 091
-
pensions
4 233
-
7 654
-
total
13 695
-
37 626
-
Employer
37 595
-
95 031
-
accident
628
-
1 587
-
unemployment
921
-
2 328
-
pensions
6 113
-
11 053
-
total
7 662
-
14 968
-
Corporate
64 744
110 000
-
-
income

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

58 269
99 000
-
-
total
58 269
99 000
-
-
Dividends
6 474
11 000
-
-
withholding
1 230
2 090
-
-
total
1 230
2 090
-
-
Income
110 000
110 000
110 000
110 000
Total tax
80 856
101 090
52 594
34 563
After tax
29 144
8 910
57 406
75 437
Living cost
23 900
23 900
23 900
23 900
Free-cash
5 244
-14 990
33 506
51 537

Estimated living cost  is ₽23900 per week

₽17540
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1393
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4486
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78934
₽74962
₽49008
₽57068
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
work injury
-
-
-
550
health insurance
-
-
-
8 140
income
-
-
-
17 111
pensions
-
-
-
20 240
unemployment
-
-
-
1 320
total
-
-
-
47 361
Employee

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

21 810
-
110 000
-
work injury
109
-
403
-
income
2 181
-
17 111
-
pensions
4 013
-
14 848
-
health insurance
1 614
-
5 971
-
unemployment
262
-
968
-
total
8 179
-
39 301
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
88 190
110 000
-
-
income

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

-
1 100
-
-
total
-
1 100
-
-
Dividends
88 190
108 900
-
-
withholding
13 228
16 335
-
-
total
13 228
16 335
-
-
Income
110 000
110 000
110 000
110 000
Total tax
21 407
17 435
39 301
47 361
After tax
88 593
92 565
70 699
62 639
Living cost
13 631
13 631
13 631
13 631
Free-cash
74 962
78 934
57 068
49 008

Estimated living cost  is ₽13631 per week

₽8445
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽991
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽425
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3771
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

Close
Rome , Italy
₽17736
₽13147
₽14488
₽9455
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
110 000
municipal
-
-
-
735
regional
-
-
-
2 280
national
-
-
-
24 002
social contributions
-
-
-
28 292
total
-
-
-
55 309
Employee
85 040
-
110 000
-
social contributions
28 675
-
37 092
-
regional
1 284
-
1 935
-
municipal
508
-
657
-
national
14 371
-
20 658
-
total
44 838
-
60 342
-
Employer
85 040
-
110 000
-
total
-
-
-
-
Corporate
24 960
110 000
-
-
nationa
5 990
26 400
-
-
municipal
1 203
5 303
-
-
total
7 193
31 703
-
-
Dividends
17 767
78 297
-
-
withholding
4 619
20 358
-
-
total
4 619
20 358
-
-
Income
110 000
110 000
110 000
110 000
Total tax
56 650
52 061
60 342
55 309
After tax
53 350
57 939
49 658
54 691
Living cost
40 203
40 203
40 203
40 203
Free-cash
13 147
17 736
9 455
14 488

Estimated living cost  is ₽40203 per week

₽28240
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2765
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽607
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8589
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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