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
₽ 112000
per

Your estimated
City
free-cash

Dresden , Germany
₽26263
₽37340
₽37462
₽47770
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
112 000
trade
-
-
-
10 308
income

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

-
-
-
25 647
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.

-
-
-
6 841
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.

-
-
-
1 410
total
-
-
-
44 206
Employee

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

38 302
-
112 000
-
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.

6 841
-
6 841
-
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
-
1 410
-
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.

1 070
-
25 647
-
total
7 970
-
33 898
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
73 698
112 000
-
-
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.

608
924
-
-
income
11 054
16 799
-
-
trade
11 607
17 639
-
-
chamber of commerce
258
314
-
-
total
23 527
35 676
-
-
Dividends
50 170
76 325
-
-
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.

669
1 028
-
-
withholding
12 162
18 701
-
-
total
12 831
19 729
-
-
Income
112 000
112 000
112 000
112 000
Total tax
44 328
55 405
33 898
44 206
After tax
67 672
56 595
78 102
67 794
Living cost
30 332
30 332
30 332
30 332
Free-cash
37 340
26 263
47 770
37 462

Estimated living cost  is ₽30332 per week

₽19080
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3537
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽566
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7149
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19367
₽18527
₽16701
₽17579
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
112 000
municipal
-
-
-
11 819
pensions
-
-
-
13 440
national
-
-
-
18 315
social contributions
-
-
-
1 204
total
-
-
-
44 778
Employee
78 317
-
96 823
-
municipal
9 673
-
12 253
-
pensions
3 133
-
3 873
-
national
14 990
-
18 987
-
total
27 796
-
35 113
-
Employer
78 317
-
96 823
-
social contributions
842
-
1 041
-
pensions
6 265
-
7 746
-
total
7 107
-
8 787
-
Corporate
21 407
112 000
-
-
income

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

4 281
22 400
-
-
total
4 281
22 400
-
-
Dividends
17 125
89 600
-
-
withholding
3 768
19 712
-
-
total
3 768
19 712
-
-
Income
112 000
112 000
112 000
112 000
Total tax
42 952
42 112
43 900
44 778
After tax
69 048
69 888
68 100
67 222
Living cost
50 521
50 521
50 521
50 521
Free-cash
18 527
19 367
17 579
16 701

Estimated living cost  is ₽50521 per week

₽34339
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4696
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽756
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10730
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68768
₽60553
₽38822
₽42163
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
112 000
microenterprise
-
-
-
-
income
-
-
-
16 337
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.

-
-
-
36 008
total
-
-
-
52 345
Employee
29 262
-
90 256
-
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.

3 219
-
9 927
-
surtax
-
-
-
-
income
5 209
-
17 335
-
total
8 428
-
27 262
-
Employer
29 262
-
90 256
-
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.

7 048
-
21 742
-
surtax
-
-
-
-
total
7 048
-
21 742
-
Corporate
75 690
112 000
-
-
income

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

15 138
22 399
-
-
total
15 138
22 399
-
-
Dividends

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

60 552
89 601
-
-
total
-
-
-
-
Income
112 000
112 000
112 000
112 000
Total tax
30 614
22 399
49 004
52 345
After tax
81 386
89 601
62 996
59 655
Living cost
20 833
20 833
20 833
20 833
Free-cash
60 553
68 768
42 163
38 822

Estimated living cost  is ₽20833 per week

₽13291
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1984
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽473
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5085
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12539
₽6405
₽21882
₽15905
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
112 000
income
-
-
-
24 087
pensions
-
-
-
11 733
health
-
-
-
12 348
total
-
-
-
48 168
Employee
85 516
85 516
95 309
-
health
13 126
11 165
11 723
-
income

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

13 998
13 998
13 998
-
pensions
15 393
11 733
11 733
-
total
42 517
36 896
37 454
-
Employer
85 516
85 516
95 309
-
unemployment
3 079
3 079
3 432
-
pensions
5 952
5 952
6 634
-
health
5 944
5 944
6 625
-
total
14 975
14 975
16 691
-
Corporate
12 558
11 509
-
-
income
2 512
2 301
-
-
total
2 512
2 301
-
-
Dividends
10 046
9 208
-
-
income
2 134
1 957
-
-
withholding
1 507
1 382
-
-
total
3 641
3 339
-
-
Income
112 000
112 000
112 000
112 000
Total tax
63 645
57 511
54 145
48 168
After tax
48 355
54 489
57 855
63 832
Living cost
41 950
41 950
41 950
41 950
Free-cash
6 405
12 539
15 905
21 882

Estimated living cost  is ₽41950 per week

₽29729
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3782
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽667
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7772
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22605
₽21740
₽21326
₽20288
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
112 000
municipal
-
-
-
26 100
accident
-
-
-
169
pensions
-
-
-
9 132
other
-
-
-
9 817
unemployment
-
-
-
85
health
-
-
-
5 272
national
-
-
-
1 552
total
-
-
-
52 127
Employee
54 926
-
85 456
-
municipal
16 379
-
25 483
-
national
-
-
1 138
-
total
16 379
-
26 621
-
Employer
54 926
-
85 456
-
accident
110
-
169
-
other
6 382
-
9 817
-
unemployment
1 450
-
2 230
-
pensions
5 937
-
9 132
-
health
3 378
-
5 196
-
total
17 257
-
26 544
-
Corporate
39 816
112 000
-
-
income
8 760
24 640
-
-
total
8 760
24 640
-
-
Dividends
31 057
87 360
-
-
withholding
9 317
26 208
-
-
total
9 317
26 208
-
-
Income
112 000
112 000
112 000
112 000
Total tax
51 713
50 848
53 165
52 127
After tax
60 287
61 152
58 835
59 873
Living cost
38 547
38 547
38 547
38 547
Free-cash
21 740
22 605
20 288
21 326

Estimated living cost  is ₽38547 per week

₽25547
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3783
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽585
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8632
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16677
₽30752
₽27998
₽38763
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
112 000
trade
-
-
-
10 765
income

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

-
-
-
25 647
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.

-
-
-
6 841
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.

-
-
-
1 410
total
-
-
-
44 663
Employee

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

50 783
-
112 000
-
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.

6 841
-
6 841
-
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.

239
-
1 410
-
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.

4 363
-
25 647
-
total
11 443
-
33 898
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
61 217
112 000
-
-
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.

505
924
-
-
income
9 183
16 799
-
-
trade
10 070
18 424
-
-
chamber of commerce
239
312
-
-
total
19 997
36 459
-
-
Dividends
41 219
75 542
-
-
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.

545
1 019
-
-
withholding
9 924
18 506
-
-
total
10 469
19 525
-
-
Income
112 000
112 000
112 000
112 000
Total tax
41 909
55 984
33 898
44 663
After tax
70 091
56 016
78 102
67 337
Living cost
39 339
39 339
39 339
39 339
Free-cash
30 752
16 677
38 763
27 998

Estimated living cost  is ₽39339 per week

₽26310
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4148
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽587
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8293
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49433
₽45282
₽46243
₽45242
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
112 000
income
-
-
-
14 218
health
-
-
-
2 856
social contributions
-
-
-
16 202
total
-
-
-
33 276
Employee
77 003
77 003
101 679
-
social contributions
3 742
6 391
8 439
-
health
766
1 309
1 729
-
income
8 086
7 128
13 789
-
total
12 594
14 828
23 957
-
Employer
77 003
77 003
101 679
-
social contributions
3 742
6 391
8 439
-
health
834
1 425
1 881
-
total
4 576
7 816
10 320
-
Corporate
62 350
27 181
-
-
income
7 793
3 398
-
-
total
7 793
3 398
-
-
Dividends
54 556
23 783
-
-
withholding
9 274
4 044
-
-
total
9 274
4 044
-
-
Income
112 000
112 000
112 000
112 000
Total tax
34 237
30 086
34 277
33 276
After tax
77 763
81 914
77 723
78 724
Living cost
32 481
32 481
32 481
32 481
Free-cash
45 282
49 433
45 242
46 243

Estimated living cost  is ₽32481 per week

₽22204
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2537
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7195
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44817
₽45196
₽59353
₽46692
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
112 000
income
-
-
-
13 692
pensions
-
-
-
11 200
unemployment
-
-
-
1 680
health
-
-
-
7 840
total
-
-
-
34 412
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.

26 323
10 476
93 724
-
health
1 843
733
6 561
-
income
3 218
1 281
11 458
-
pensions
2 632
1 048
9 372
-
unemployment
395
157
1 406
-
total
8 088
3 219
28 797
-
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.

26 323
10 476
93 724
-
pensions
5 133
2 043
18 276
-
total
5 133
2 043
18 276
-
Corporate
80 544
99 481
-
-
income
7 249
8 953
-
-
total
7 249
8 953
-
-
Dividends
73 295
90 528
-
-
social contributions
14 173
17 533
-
-
withholding
13 926
17 200
-
-
total
28 099
34 733
-
-
Income
112 000
112 000
112 000
112 000
Total tax
48 569
48 948
47 073
34 412
After tax
63 431
63 052
64 927
77 588
Living cost
18 235
18 235
18 235
18 235
Free-cash
45 196
44 817
46 692
59 353

Estimated living cost  is ₽18235 per week

₽12444
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1492
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽364
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3935
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65413
₽59192
₽35845
₽40368
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
112 000
income
-
-
-
15 007
pensions
-
-
-
22 399
health
-
-
-
14 561
total
-
-
-
51 967
Employee
28 408
-
83 708
-
income
3 198
-
16 138
-
pensions
568
-
1 674
-
unemployment
454
-
1 340
-
total
4 220
-
19 152
-
Employer
28 408
-
83 708
-
unemployment
228
-
669
-
pensions
5 682
-
16 742
-
health
3 692
-
10 881
-
total
9 602
-
28 292
-
Corporate
73 989
112 000
-
-
income
14 798
22 399
-
-
total
14 798
22 399
-
-
Dividends
59 191
89 601
-
-
total
-
-
-
-
Income
112 000
112 000
112 000
112 000
Total tax
28 620
22 399
47 444
51 967
After tax
83 380
89 601
64 556
60 033
Living cost
24 188
24 188
24 188
24 188
Free-cash
59 192
65 413
40 368
35 845

Estimated living cost  is ₽24188 per week

₽16590
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1440
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.
₽5671
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽12877
₽5707
₽54844
₽36647
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
112 000
accident
-
-
-
252
income
-
-
-
28 258
pensions
-
-
-
4 151
other
-
-
-
370
health
-
-
-
2 176
total
-
-
-
35 207
Employee
34 527
-
97 011
-
health
3 953
-
11 108
-
income
4 737
-
19 695
-
pensions
3 888
-
7 612
-
total
12 578
-
38 415
-
Employer
34 527
-
97 011
-
accident
576
-
1 620
-
unemployment
846
-
2 377
-
pensions
5 614
-
10 992
-
total
7 036
-
14 989
-
Corporate
70 436
112 000
-
-
income

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

63 392
100 800
-
-
total
63 392
100 800
-
-
Dividends
7 044
11 200
-
-
withholding
1 338
2 128
-
-
total
1 338
2 128
-
-
Income
112 000
112 000
112 000
112 000
Total tax
84 344
102 928
53 404
35 207
After tax
27 656
9 072
58 596
76 793
Living cost
21 949
21 949
21 949
21 949
Free-cash
5 707
-12 877
36 647
54 844

Estimated living cost  is ₽21949 per week

₽16087
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1216
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4189
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97389
₽95700
₽101869
₽80589
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
112 000
microenterprise

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

-
-
-
1 120
total
-
-
-
1 120
Employee
11 263
-
112 000
-
income
2 252
-
22 400
-
total
2 252
-
22 400
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

100 737
112 000
-
-
total
-
-
-
-
Dividends
100 737
112 000
-
-
withholding
5 037
5 600
-
-
total
5 037
5 600
-
-
Income
112 000
112 000
112 000
112 000
Total tax
7 289
5 600
22 400
1 120
After tax
104 711
106 400
89 600
110 880
Living cost
9 011
9 011
9 011
9 011
Free-cash
95 700
97 389
80 589
101 869

Estimated living cost  is ₽9011 per week

₽5584
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽749
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽248
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2430
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55603
₽48841
₽33709
₽38341
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
112 000
income
-
-
-
14 481
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.

-
-
-
26 880
other
-
-
-
5 319
health
-
-
-
4 928
total
-
-
-
51 608
Employee
36 360
-
89 456
-
health
509
-
1 252
-
income
6 260
-
16 024
-
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.

2 545
-
6 262
-
unemployment
363
-
895
-
total
9 677
-
24 433
-
Employer
36 360
-
89 456
-
accident
291
-
716
-
other
1 819
-
4 473
-
unemployment
363
-
895
-
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.

6 182
-
15 207
-
health
509
-
1 252
-
total
9 164
-
22 543
-
Corporate
66 477
112 000
-
-
income
13 960
23 521
-
-
total
13 960
23 521
-
-
Dividends
52 517
88 479
-
-
withholding
3 675
6 193
-
-
total
3 675
6 193
-
-
Income
112 000
112 000
112 000
112 000
Total tax
36 476
29 714
46 976
51 608
After tax
75 524
82 286
65 024
60 392
Living cost
26 683
26 683
26 683
26 683
Free-cash
48 841
55 603
38 341
33 709

Estimated living cost  is ₽26683 per week

₽18853
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1802
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽429
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5598
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Bratislava model

Close
London , United Kingdom
₽12993
₽2696
₽11806
₽1606
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
112 000
income
-
-
-
25 057
pensions
-
-
-
7 756
total
-
-
-
32 813
Employee
95 334
-
98 445
-
health
1 571
-
1 635
-
income
17 185
-
18 254
-
pensions
9 197
-
9 570
-
total
27 953
-
29 459
-
Employer
95 334
-
98 445
-
pensions
11 256
-
11 684
-
health
1 811
-
1 870
-
total
13 067
-
13 554
-
Corporate
3 600
112 000
-
-
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.

683
21 281
-
-
total
683
21 281
-
-
Dividends
2 916
90 719
-
-
withholding
220
10 345
-
-
total
220
10 345
-
-
Income
112 000
112 000
112 000
112 000
Total tax
41 923
31 626
43 013
32 813
After tax
70 077
80 374
68 987
79 187
Living cost
67 381
67 381
67 381
67 381
Free-cash
2 696
12 993
1 606
11 806

Estimated living cost  is ₽67381 per week

₽50490
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7917
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8427
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽82615
₽77958
₽72705
₽76401
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
112 000
income
-
-
-
16 800
pensions

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

-
-
-
5 183
unemployment
-
-
-
140
health
-
-
-
4 027
total
-
-
-
26 150
Employee
17 405
-
105 129
-
health
801
-
1 611
-
accident

We are using the highest rate at 1.1%.

192
-
385
-
income
1 740
-
10 513
-
pensions

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

1 528
-
3 075
-
total
4 261
-
15 584
-
Employer
17 405
-
105 129
-
accident

We are using the highest rate at 1.1%.

192
-
385
-
unemployment
104
-
210
-
pensions

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

1 918
-
3 859
-
health
1 201
-
2 416
-
total
3 415
-
6 870
-
Corporate
91 179
112 000
-
-
income
9 118
11 200
-
-
total
9 118
11 200
-
-
Dividends
82 062
100 800
-
-
withholding
4 103
5 040
-
-
total
4 103
5 040
-
-
Income
112 000
112 000
112 000
112 000
Total tax
20 897
16 240
22 454
26 150
After tax
91 103
95 760
89 546
85 850
Living cost
13 145
13 145
13 145
13 145
Free-cash
77 958
82 615
76 401
72 705

Estimated living cost  is ₽13145 per week

₽7674
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽939
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽348
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4184
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1040
₽1479
₽8303
₽2326
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
112 000
income
-
-
-
24 087
pensions
-
-
-
11 733
health
-
-
-
12 348
total
-
-
-
48 168
Employee
92 843
85 516
95 309
-
health
11 583
11 165
11 723
-
income

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

13 998
13 998
13 998
-
pensions
11 733
11 733
11 733
-
total
37 314
36 896
37 454
-
Employer
92 843
85 516
95 309
-
unemployment
3 343
3 079
3 432
-
pensions
6 461
5 952
6 634
-
health
6 452
5 944
6 625
-
total
16 256
14 975
16 691
-
Corporate
2 902
11 509
-
-
income
580
2 301
-
-
total
580
2 301
-
-
Dividends
2 322
9 208
-
-
income
494
1 957
-
-
withholding
348
1 382
-
-
total
842
3 339
-
-
Income
112 000
112 000
112 000
112 000
Total tax
54 992
57 511
54 145
48 168
After tax
57 008
54 489
57 855
63 832
Living cost
55 529
55 529
55 529
55 529
Free-cash
1 479
-1 040
2 326
8 303

Estimated living cost  is ₽55529 per week

₽40962
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4960
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽637
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8972
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53026
₽44434
₽30464
₽32749
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
112 000
income
-
-
-
9 626
health
-
-
-
15 120
solidarity contribution
-
-
-
-
social contributions
-
-
-
32 704
total
-
-
-
57 450
Employee
35 420
-
83 582
-
social contributions
2 302
-
5 433
-
health
4 782
-
11 284
-
solidarity contribution
-
-
-
-
income
4 250
-
10 030
-
total
11 334
-
26 747
-
Employer
35 420
-
83 582
-
social contributions
8 855
-
20 896
-
health
3 188
-
7 522
-
total
12 043
-
28 418
-
Corporate
64 537
112 000
-
-
income
12 262
21 280
-
-
total
12 262
21 280
-
-
Dividends
52 275
90 720
-
-
withholding
7 841
13 608
-
-
total
7 841
13 608
-
-
Income
112 000
112 000
112 000
112 000
Total tax
43 480
34 888
55 165
57 450
After tax
68 520
77 112
56 835
54 550
Living cost
24 086
24 086
24 086
24 086
Free-cash
44 434
53 026
32 749
30 464

Estimated living cost  is ₽24086 per week

₽16730
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1713
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.
₽5168
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brno model

Close
Milan , Italy
₽17500
₽12272
₽14396
₽9065
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
112 000
municipal
-
-
-
665
regional
-
-
-
1 256
national
-
-
-
24 621
social contributions
-
-
-
28 806
total
-
-
-
55 348
Employee
88 999
-
112 000
-
social contributions
30 010
-
37 766
-
regional
840
-
1 102
-
municipal
471
-
595
-
national
15 421
-
21 216
-
total
46 742
-
60 679
-
Employer
88 999
-
112 000
-
total
-
-
-
-
Corporate
23 001
112 000
-
-
nationa
5 521
26 880
-
-
municipal
897
4 369
-
-
total
6 418
31 249
-
-
Dividends
16 584
80 751
-
-
withholding
4 312
20 995
-
-
total
4 312
20 995
-
-
Income
112 000
112 000
112 000
112 000
Total tax
57 472
52 244
60 679
55 348
After tax
54 528
59 756
51 321
56 652
Living cost
42 256
42 256
42 256
42 256
Free-cash
12 272
17 500
9 065
14 396

Estimated living cost  is ₽42256 per week

₽29455
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2771
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽648
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9380
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48351
₽45234
₽33823
₽31985
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
112 000
income
-
-
-
22 576
pensions
-
-
-
22 399
other
-
-
-
-
unemployment
-
-
-
228
health
-
-
-
7 951
surtax
-
-
-
2 925
total
-
-
-
56 079
Employee
33 116
-
92 523
-
other
-
-
-
-
health
846
-
2 360
-
surtax
108
-
2 636
-
income
5 551
-
20 835
-
pensions
2 208
-
6 170
-
unemployment
2 305
-
6 440
-
total
11 018
-
38 441
-
Employer
33 116
-
92 523
-
other
-
-
-
-
unemployment
1 049
-
2 932
-
pensions
4 415
-
12 333
-
health
1 507
-
4 211
-
total
6 971
-
19 476
-
Corporate
71 914
112 000
-
-
income
18 698
29 119
-
-
total
18 698
29 119
-
-
Dividends
53 216
82 881
-
-
withholding
7 981
12 432
-
-
total
7 981
12 432
-
-
Income
112 000
112 000
112 000
112 000
Total tax
44 668
41 551
57 917
56 079
After tax
67 332
70 449
54 083
55 921
Living cost
22 098
22 098
22 098
22 098
Free-cash
45 234
48 351
31 985
33 823

Estimated living cost  is ₽22098 per week

₽13512
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2039
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽509
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6037
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34341
₽29953
₽33154
₽22954
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
112 000
income
-
-
-
25 057
pensions
-
-
-
7 756
total
-
-
-
32 813
Employee
63 890
-
98 445
-
health
927
-
1 635
-
income
11 507
-
18 254
-
pensions
5 423
-
9 570
-
total
17 857
-
29 459
-
Employer
63 890
-
98 445
-
pensions
6 916
-
11 684
-
health
1 214
-
1 870
-
total
8 130
-
13 554
-
Corporate
39 980
112 000
-
-
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.

7 597
21 281
-
-
total
7 597
21 281
-
-
Dividends
32 383
90 719
-
-
withholding
2 430
10 345
-
-
total
2 430
10 345
-
-
Income
112 000
112 000
112 000
112 000
Total tax
36 014
31 626
43 013
32 813
After tax
75 986
80 374
68 987
79 187
Living cost
46 033
46 033
46 033
46 033
Free-cash
29 953
34 341
22 954
33 154

Estimated living cost  is ₽46033 per week

₽34487
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3450
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.
₽7613
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽24425
₽7937
₽17264
₽11709
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
112 000
city
-
-
-
1 181
pensions
-
-
-
10 304
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.

-
-
-
2 240
regional
-
-
-
4 198
health
-
-
-
253
national
-
-
-
919
total
-
-
-
19 095
Employee
88 519
-
100 246
-
city
950
-
1 076
-
regional
2 899
-
3 590
-
health
200
-
225
-
pensions
7 437
-
8 420
-
unemployment
-
-
-
-
national
419
-
689
-
total
11 905
-
14 000
-
Employer
88 519
-
100 246
-
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.

1 770
-
2 005
-
unemployment
-
-
-
-
pensions
7 437
-
8 420
-
health
200
-
225
-
total
9 407
-
10 650
-
Corporate
13 101
112 000
-
-
regional
2 770
23 688
-
-
national
1 113
9 519
-
-
total
3 883
33 207
-
-
Dividends
9 217
78 793
-
-
withholding
3 227
27 577
-
-
total
3 227
27 577
-
-
Income
112 000
112 000
112 000
112 000
Total tax
28 422
60 784
24 650
19 095
After tax
83 578
51 216
87 350
92 905
Living cost
75 641
75 641
75 641
75 641
Free-cash
7 937
-24 425
11 709
17 264

Estimated living cost  is ₽75641 per week

₽49188
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6788
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽929
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18736
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽9566
₽25807
₽21004
₽32227
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
112 000
trade
-
-
-
11 223
income

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

-
-
-
25 647
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.

-
-
-
6 841
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.

-
-
-
1 410
total
-
-
-
45 121
Employee

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

60 183
-
112 000
-
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.

6 841
-
6 841
-
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.

390
-
1 410
-
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.

7 077
-
25 647
-
total
14 308
-
33 898
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
51 817
112 000
-
-
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.

428
924
-
-
income
7 772
16 799
-
-
trade
8 886
19 209
-
-
chamber of commerce
224
310
-
-
total
17 310
37 242
-
-
Dividends
34 507
74 759
-
-
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.

454
1 007
-
-
withholding
8 246
18 310
-
-
total
8 700
19 317
-
-
Income
112 000
112 000
112 000
112 000
Total tax
40 318
56 559
33 898
45 121
After tax
71 682
55 441
78 102
66 879
Living cost
45 875
45 875
45 875
45 875
Free-cash
25 807
9 566
32 227
21 004

Estimated living cost  is ₽45875 per week

₽33505
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3670
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽597
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8105
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22185
₽28102
₽29898
₽34408
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
112 000
income
-
-
-
12 344
pensions
-
-
-
26 107
other
-
-
-
3 472
health
-
-
-
2 725
surtax
-
-
-
-
social contributions
-
-
-
3 193
total
-
-
-
47 841
Employee
42 859
-
90 201
-
social contributions
1 222
-
2 569
-
surtax
-
-
-
-
income
2 529
-
14 231
-
pensions
4 846
-
4 732
-
total
8 597
-
21 532
-
Employer
42 859
-
90 201
-
other
1 478
-
3 113
-
social contributions
129
-
270
-
unemployment
1 735
-
3 652
-
pensions
7 041
-
8 241
-
health
3 001
-
6 523
-
total
13 384
-
21 799
-
Corporate
55 757
112 000
-
-
surtax
-
-
-
-
income
15 611
31 360
-
-
total
15 611
31 360
-
-
Dividends
40 146
80 640
-
-
surtax
-
-
-
-
social contributions
6 906
13 871
-
-
withholding
5 139
10 323
-
-
total
12 045
24 194
-
-
Income
112 000
112 000
112 000
112 000
Total tax
49 637
55 554
43 331
47 841
After tax
62 363
56 446
68 669
64 159
Living cost
34 261
34 261
34 261
34 261
Free-cash
28 102
22 185
34 408
29 898

Estimated living cost  is ₽34261 per week

₽21603
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2786
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽583
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9291
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25579
₽31143
₽33292
₽37802
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
112 000
income
-
-
-
12 344
pensions
-
-
-
26 107
other
-
-
-
3 472
health
-
-
-
2 725
surtax
-
-
-
-
social contributions
-
-
-
3 193
total
-
-
-
47 841
Employee
38 257
-
90 201
-
social contributions
1 091
-
2 569
-
surtax
-
-
-
-
income
1 973
-
14 231
-
pensions
4 327
-
4 732
-
total
7 391
-
21 532
-
Employer
38 257
-
90 201
-
other
1 321
-
3 113
-
social contributions
114
-
270
-
unemployment
1 549
-
3 652
-
pensions
6 286
-
8 241
-
health
2 678
-
6 523
-
total
11 948
-
21 799
-
Corporate
61 795
112 000
-
-
surtax
-
-
-
-
income
17 303
31 360
-
-
total
17 303
31 360
-
-
Dividends
44 492
80 640
-
-
surtax
-
-
-
-
social contributions
7 653
13 871
-
-
withholding
5 695
10 323
-
-
total
13 348
24 194
-
-
Income
112 000
112 000
112 000
112 000
Total tax
49 990
55 554
43 331
47 841
After tax
62 010
56 446
68 669
64 159
Living cost
30 867
30 867
30 867
30 867
Free-cash
31 143
25 579
37 802
33 292

Estimated living cost  is ₽30867 per week

₽17901
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3136
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽585
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9245
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47096
₽47618
₽50693
₽50275
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
112 000
income
-
-
-
16 799
health
-
-
-
7 818
social contributions
-
-
-
15 456
total
-
-
-
40 073
Employee
33 954
-
112 000
-
social contributions
4 686
-
15 456
-
health
2 370
-
7 818
-
income
5 663
-
17 217
-
total
12 719
-
40 491
-
Employer
33 954
-
112 000
-
total
-
-
-
-
Corporate
78 046
112 000
-
-
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%.

3 901
5 600
-
-
total
3 901
5 600
-
-
Dividends
74 145
106 400
-
-
health
5 175
7 427
-
-
social contributions
10 232
14 684
-
-
withholding
11 121
15 959
-
-
total
26 528
38 070
-
-
Income
112 000
112 000
112 000
112 000
Total tax
43 148
43 670
40 491
40 073
After tax
68 852
68 330
71 509
71 927
Living cost
21 234
21 234
21 234
21 234
Free-cash
47 618
47 096
50 275
50 693

Estimated living cost  is ₽21234 per week

₽14211
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1309
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5224
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27298
₽25749
₽20450
-₽2829
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
112 000
chamber of commerce
-
-
-
448
income
-
-
-
20 187
pensions
-
-
-
20 720
unemployment
-
-
-
6 142
health
-
-
-
8 569
surtax
-
-
-
198
total
-
-
-
56 264
Employee
50 046
39 907
86 813
-
other
500
399
868
-
health
1 936
1 545
3 360
-
income
5 697
2 944
17 886
-
pensions
5 125
4 086
8 890
-
unemployment
1 501
1 197
2 603
-
total
14 759
10 171
33 607
-
Employer
50 046
39 907
86 813
-
accident
650
519
1 129
-
other
2 377
1 895
4 124
-
chamber of commerce
200
160
348
-
unemployment
1 501
1 197
2 603
-
surtax
198
198
198
-
pensions
6 281
5 009
10 895
-
payroll
1 501
1 197
2 603
-
health
1 891
1 509
3 282
-
total
14 599
11 684
25 182
-
Corporate
47 356
60 409
83 018
-
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.

11 839
15 102
20 754
-
total
11 839
15 102
20 754
-
Dividends
35 517
45 307
-
-
withholding
9 768
12 459
-
-
total
9 768
12 459
-
-
Income
112 000
112 000
112 000
112 000
Total tax
50 965
49 416
79 543
56 264
After tax
61 035
62 584
32 457
55 736
Living cost
35 286
35 286
35 286
35 286
Free-cash
25 749
27 298
-2 829
20 450

Estimated living cost  is ₽35286 per week

₽23534
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3010
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.
₽8162
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26259
₽11240
₽14668
₽6439
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
112 000
national
-
-
-
37 125
communal

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

-
-
-
5 636
social contributions
-
-
-
18 058
total
-
-
-
60 819
Employee

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

71 631
-
86 748
-
communal

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

3 736
-
4 525
-
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.

3 366
-
4 078
-
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.

5 372
-
6 507
-
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.

623
-
754
-
national
22 022
-
27 934
-
total
35 119
-
43 798
-
Employer

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

71 631
-
86 748
-
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.

931
-
1 127
-
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.

1 045
-
1 266
-
surtax
8 122
-
9 836
-
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.

6 347
-
7 685
-
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.

4 405
-
5 336
-
total
20 850
-
25 250
-
Corporate
19 518
112 000
-
-
surtax
78
448
-
-
income
3 903
22 399
-
-
total
3 981
22 847
-
-
Dividends
15 537
89 152
-
-
withholding

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

4 297
26 381
-
-
total
4 297
26 381
-
-
Income
112 000
112 000
112 000
112 000
Total tax
64 247
49 228
69 048
60 819
After tax
47 753
62 772
42 952
51 181
Living cost
36 513
36 513
36 513
36 513
Free-cash
11 240
26 259
6 439
14 668

Estimated living cost  is ₽36513 per week

₽23519
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3193
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽572
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9230
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39269
₽31295
₽25020
₽22109
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
112 000
accident
-
-
-
836
income
-
-
-
22 969
pensions
-
-
-
26 267
other
-
-
-
93
unemployment
-
-
-
650
total
-
-
-
50 815
Employee
49 847
-
84 926
-
other
49
-
86
-
income
10 518
-
21 258
-
pensions
2 343
-
3 991
-
unemployment
773
-
1 317
-
total
13 683
-
26 652
-
Employer
49 847
-
84 926
-
accident
986
-
1 682
-
other
397
-
678
-
unemployment
2 742
-
4 671
-
pensions
11 763
-
20 043
-
total
15 888
-
27 074
-
Corporate
46 264
112 000
-
-
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.

6 940
16 799
-
-
total
6 940
16 799
-
-
Dividends
39 324
95 201
-
-
withholding
8 029
19 767
-
-
total
8 029
19 767
-
-
Income
112 000
112 000
112 000
112 000
Total tax
44 540
36 566
53 726
50 815
After tax
67 460
75 434
58 274
61 185
Living cost
36 165
36 165
36 165
36 165
Free-cash
31 295
39 269
22 109
25 020

Estimated living cost  is ₽36165 per week

₽26632
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2565
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽521
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6446
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13699
₽6301
₽7990
₽12627
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
112 000
accident
-
-
-
944
income
-
-
-
11 357
pensions
-
-
-
16 788
health
-
-
-
7 869
surtax
-
-
-
5 553
communal
-
-
-
7 079
total
-
-
-
49 590
Employee
75 836
-
100 043
-
health
3 375
-
4 453
-
surtax
4 648
-
6 131
-
income
7 325
-
14 408
-
pensions
6 066
-
8 004
-
total
21 414
-
32 996
-
Employer
75 836
-
100 043
-
accident
682
-
901
-
pensions
6 066
-
8 004
-
health
2 313
-
3 052
-
total
9 061
-
11 957
-
Corporate
27 104
112 000
-
-
surtax
285
1 176
-
-
communal
-
7 560
-
-
income
4 065
16 799
-
-
total
4 350
25 535
-
-
Dividends
22 754
86 465
-
-
income
13 041
5 376
-
-
withholding
3 413
12 970
-
-
total
16 454
18 346
-
-
Income
112 000
112 000
112 000
112 000
Total tax
51 279
43 881
44 953
49 590
After tax
60 721
68 119
67 047
62 410
Living cost
54 420
54 420
54 420
54 420
Free-cash
6 301
13 699
12 627
7 990

Estimated living cost  is ₽54420 per week

₽40823
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3297
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.
₽9722
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47956
₽44769
₽33428
₽31590
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
112 000
income
-
-
-
22 576
pensions
-
-
-
22 399
other
-
-
-
-
unemployment
-
-
-
228
health
-
-
-
7 951
surtax
-
-
-
2 925
total
-
-
-
56 079
Employee
33 724
-
92 523
-
other
-
-
-
-
health
861
-
2 360
-
surtax
120
-
2 636
-
income
5 654
-
20 835
-
pensions
2 250
-
6 170
-
unemployment
2 347
-
6 440
-
total
11 232
-
38 441
-
Employer
33 724
-
92 523
-
other
-
-
-
-
unemployment
1 070
-
2 932
-
pensions
4 496
-
12 333
-
health
1 534
-
4 211
-
total
7 100
-
19 476
-
Corporate
71 177
112 000
-
-
income
18 506
29 119
-
-
total
18 506
29 119
-
-
Dividends
52 671
82 881
-
-
withholding
7 900
12 432
-
-
total
7 900
12 432
-
-
Income
112 000
112 000
112 000
112 000
Total tax
44 738
41 551
57 917
56 079
After tax
67 262
70 449
54 083
55 921
Living cost
22 493
22 493
22 493
22 493
Free-cash
44 769
47 956
31 590
33 428

Estimated living cost  is ₽22493 per week

₽13580
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1955
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽523
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6436
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31895
₽29670
₽29244
₽23939
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
112 000
municipal
-
-
-
665
regional
-
-
-
1 688
national
-
-
-
24 621
social contributions
-
-
-
28 806
total
-
-
-
55 780
Employee
55 549
-
112 000
-
social contributions
18 732
-
37 766
-
regional
748
-
1 508
-
municipal
295
-
595
-
national
8 801
-
21 216
-
total
28 576
-
61 085
-
Employer
55 549
-
112 000
-
total
-
-
-
-
Corporate
56 451
112 000
-
-
nationa
13 548
26 880
-
-
municipal
2 805
5 566
-
-
total
16 353
32 446
-
-
Dividends
40 098
79 553
-
-
withholding
10 425
20 683
-
-
total
10 425
20 683
-
-
Income
112 000
112 000
112 000
112 000
Total tax
55 354
53 129
61 085
55 780
After tax
56 646
58 871
50 915
56 220
Living cost
26 976
26 976
26 976
26 976
Free-cash
29 670
31 895
23 939
29 244

Estimated living cost  is ₽26976 per week

₽16776
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2733
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7005
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47432
₽36843
₽24870
₽27155
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
112 000
income
-
-
-
9 626
health
-
-
-
15 120
solidarity contribution
-
-
-
-
social contributions
-
-
-
32 704
total
-
-
-
57 450
Employee
43 647
-
83 582
-
social contributions
2 837
-
5 433
-
health
5 892
-
11 284
-
solidarity contribution
-
-
-
-
income
5 238
-
10 030
-
total
13 967
-
26 747
-
Employer
43 647
-
83 582
-
social contributions
10 912
-
20 896
-
health
3 928
-
7 522
-
total
14 840
-
28 418
-
Corporate
53 513
112 000
-
-
income
10 168
21 280
-
-
total
10 168
21 280
-
-
Dividends
43 346
90 720
-
-
withholding
6 502
13 608
-
-
total
6 502
13 608
-
-
Income
112 000
112 000
112 000
112 000
Total tax
45 477
34 888
55 165
57 450
After tax
66 523
77 112
56 835
54 550
Living cost
29 680
29 680
29 680
29 680
Free-cash
36 843
47 432
27 155
24 870

Estimated living cost  is ₽29680 per week

₽22072
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1644
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽5450
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30742
₽30248
₽23986
₽541
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
112 000
chamber of commerce
-
-
-
448
income
-
-
-
20 187
pensions
-
-
-
20 720
unemployment
-
-
-
6 142
health
-
-
-
8 569
surtax
-
-
-
-
total
-
-
-
56 066
Employee
43 774
39 907
86 969
-
other
437
399
870
-
health
1 693
1 545
3 366
-
income
3 900
2 944
17 939
-
pensions
4 483
4 086
8 905
-
unemployment
1 313
1 197
2 609
-
total
11 826
10 171
33 689
-
Employer
43 774
39 907
86 969
-
accident
568
519
1 131
-
other
2 079
1 895
4 131
-
chamber of commerce
175
160
348
-
unemployment
1 313
1 197
2 609
-
surtax
-
-
-
-
pensions
5 494
5 009
10 914
-
payroll
1 313
1 197
2 609
-
health
1 655
1 509
3 288
-
total
12 597
11 486
25 030
-
Corporate
55 628
60 607
83 170
-
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.

13 907
15 152
20 792
-
total
13 907
15 152
20 792
-
Dividends
41 722
45 455
-
-
withholding
11 474
12 501
-
-
total
11 474
12 501
-
-
Income
112 000
112 000
112 000
112 000
Total tax
49 804
49 310
79 511
56 066
After tax
62 196
62 690
32 489
55 934
Living cost
31 948
31 948
31 948
31 948
Free-cash
30 248
30 742
541
23 986

Estimated living cost  is ₽31948 per week

₽19165
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3263
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽570
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8951
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92358
₽89724
₽96838
₽75558
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
112 000
microenterprise

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

-
-
-
1 120
total
-
-
-
1 120
Employee
17 553
-
112 000
-
income
3 511
-
22 400
-
total
3 511
-
22 400
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

94 447
112 000
-
-
total
-
-
-
-
Dividends
94 447
112 000
-
-
withholding
4 723
5 600
-
-
total
4 723
5 600
-
-
Income
112 000
112 000
112 000
112 000
Total tax
8 234
5 600
22 400
1 120
After tax
103 766
106 400
89 600
110 880
Living cost
14 042
14 042
14 042
14 042
Free-cash
89 724
92 358
75 558
96 838

Estimated living cost  is ₽14042 per week

₽9502
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽589
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.
₽3479
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50252
₽41876
₽30569
₽27358
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
112 000
income
-
-
-
22 931
pensions
-
-
-
20 453
unemployment
-
-
-
167
health
-
-
-
11 020
total
-
-
-
54 571
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.

44 282
-
96 911
-
health
2 860
-
6 260
-
income
7 636
-
21 278
-
pensions
6 864
-
15 020
-
unemployment
63
-
135
-
total
17 423
-
42 693
-
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.

44 282
-
96 911
-
unemployment
27
-
59
-
pensions
3 919
-
8 576
-
health
2 949
-
6 454
-
total
6 895
-
15 089
-
Corporate
60 823
112 000
-
-
income
11 556
21 280
-
-
total
11 556
21 280
-
-
Dividends
49 267
90 720
-
-
withholding
7 390
13 608
-
-
total
7 390
13 608
-
-
Income
112 000
112 000
112 000
112 000
Total tax
43 264
34 888
57 782
54 571
After tax
68 736
77 112
54 218
57 429
Living cost
26 860
26 860
26 860
26 860
Free-cash
41 876
50 252
27 358
30 569

Estimated living cost  is ₽26860 per week

₽18433
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1722
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽521
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6186
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25025
-₽36993
₽34285
₽55739
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
112 000
income
-
-
-
21 831
social contributions
-
-
-
12 768
total
-
-
-
34 599
Employee
61 823
-
-
-
social contributions
5 070
-
722
-
income
13 637
-
-
-
total
18 707
-
722
-
Employer
61 823
-
-
-
social contributions
87 170
-
12 423
-
total
87 170
-
12 423
-
Corporate
-
112 000
-
-
income
-
24 640
-
-
total
-
24 640
-
-
Dividends
-
87 360
-
-
income
-
19 219
-
-
total
-
19 219
-
-
Income
112 000
112 000
112 000
112 000
Total tax
105 877
43 859
13 145
34 599
After tax
6 123
68 141
98 855
77 401
Living cost
43 116
43 116
43 116
43 116
Free-cash
-36 993
25 025
55 739
34 285

Estimated living cost  is ₽43116 per week

₽27976
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4055
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽549
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10536
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32293
₽31287
₽30659
₽24210
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
112 000
income
-
-
-
11 011
surtax
-
-
-
-
social contributions

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

-
-
-
38 919
total
-
-
-
49 930
Employee
46 057
-
90 505
-
social contributions
5 066
-
9 956
-
surtax
-
-
-
-
income
9 580
-
24 928
-
total
14 646
-
34 884
-
Employer
46 057
-
90 505
-
social contributions
10 938
-
21 495
-
total
10 938
-
21 495
-
Corporate
55 005
112 000
-
-
surtax
-
-
-
-
income
11 550
23 521
-
-
total
11 550
23 521
-
-
Dividends
43 454
88 479
-
-
withholding
12 168
24 775
-
-
total
12 168
24 775
-
-
Income
112 000
112 000
112 000
112 000
Total tax
49 302
48 296
56 379
49 930
After tax
62 698
63 704
55 621
62 070
Living cost
31 411
31 411
31 411
31 411
Free-cash
31 287
32 293
24 210
30 659

Estimated living cost  is ₽31411 per week

₽23502
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1853
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5532
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8080
₽14964
₽15793
₽20303
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
112 000
income
-
-
-
12 344
pensions
-
-
-
26 107
other
-
-
-
3 472
health
-
-
-
2 725
surtax
-
-
-
-
social contributions
-
-
-
3 193
total
-
-
-
47 841
Employee
62 720
-
90 201
-
social contributions
1 786
-
2 569
-
surtax
-
-
-
-
income
5 472
-
14 231
-
pensions
7 094
-
4 732
-
total
14 352
-
21 532
-
Employer
62 720
-
90 201
-
other
2 165
-
3 113
-
social contributions
188
-
270
-
unemployment
2 541
-
3 652
-
pensions
10 306
-
8 241
-
health
4 390
-
6 523
-
total
19 590
-
21 799
-
Corporate
29 691
112 000
-
-
surtax
-
-
-
-
income
8 314
31 360
-
-
total
8 314
31 360
-
-
Dividends
21 377
80 640
-
-
surtax
-
-
-
-
social contributions
3 677
13 871
-
-
withholding
2 737
10 323
-
-
total
6 414
24 194
-
-
Income
112 000
112 000
112 000
112 000
Total tax
48 670
55 554
43 331
47 841
After tax
63 330
56 446
68 669
64 159
Living cost
48 366
48 366
48 366
48 366
Free-cash
14 964
8 080
20 303
15 793

Estimated living cost  is ₽48366 per week

₽32734
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3957
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽663
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11013
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70697
₽67334
₽54603
₽57580
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
112 000
income
-
-
-
2 655
social contributions
-
-
-
24 640
total
-
-
-
27 295
Employee
32 194
-
96 970
-
income
-
-
2 985
-
social contributions
2 092
-
6 303
-
total
2 092
-
9 288
-
Employer
32 194
-
96 970
-
social contributions
4 990
-
15 030
-
total
4 990
-
15 030
-
Corporate
74 816
112 000
-
-
income
7 482
11 201
-
-
total
7 482
11 201
-
-
Dividends
67 334
100 799
-
-
total
-
-
-
-
Income
112 000
112 000
112 000
112 000
Total tax
14 564
11 201
24 318
27 295
After tax
97 436
100 799
87 682
84 705
Living cost
30 102
30 102
30 102
30 102
Free-cash
67 334
70 697
57 580
54 603

Estimated living cost  is ₽30102 per week

₽19463
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2269
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽566
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7803
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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
-₽106290
-₽106290
₽20517
-₽106290
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
112 000
municipal
-
-
-
21 415
pensions
-
-
-
868
national
-
-
-
12 058
labour market
-
-
-
8 891
total
-
-
-
43 232
Employee
203 657
203 657
203 657
-
labour market
16 269
16 269
16 269
-
national
24 880
24 880
24 880
-
municipal
43 368
43 368
43 368
-
pensions
289
289
289
-
total
84 806
84 806
84 806
-
Employer
203 657
203 657
203 657
-
labour market
16 293
16 293
16 293
-
municipal
43 437
43 437
43 437
-
pensions
579
579
579
-
national
24 924
24 924
24 924
-
total
85 233
85 233
85 233
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
112 000
112 000
112 000
112 000
Total tax
170 039
170 039
170 039
43 232
After tax
-58 039
-58 039
-58 039
68 768
Living cost
48 251
48 251
48 251
48 251
Free-cash
-106 290
-106 290
-106 290
20 517

Estimated living cost  is ₽48251 per week

₽33024
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4268
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽742
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10217
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽12553
₽5755
₽55168
₽36971
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
112 000
accident
-
-
-
252
income
-
-
-
28 258
pensions
-
-
-
4 151
other
-
-
-
370
health
-
-
-
2 176
total
-
-
-
35 207
Employee
34 018
-
97 011
-
health
3 895
-
11 108
-
income
4 667
-
19 695
-
pensions
3 831
-
7 612
-
total
12 393
-
38 415
-
Employer
34 018
-
97 011
-
accident
568
-
1 620
-
unemployment
834
-
2 377
-
pensions
5 531
-
10 992
-
total
6 933
-
14 989
-
Corporate
71 049
112 000
-
-
income

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

63 944
100 800
-
-
total
63 944
100 800
-
-
Dividends
7 105
11 200
-
-
withholding
1 350
2 128
-
-
total
1 350
2 128
-
-
Income
112 000
112 000
112 000
112 000
Total tax
84 620
102 928
53 404
35 207
After tax
27 380
9 072
58 596
76 793
Living cost
21 625
21 625
21 625
21 625
Free-cash
5 755
-12 553
36 971
55 168

Estimated living cost  is ₽21625 per week

₽15741
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1233
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽406
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4246
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35117
₽34166
₽39756
₽24399
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
112 000
municipal
-
-
-
19 925
health
-
-
-
1 307
national
-
-
-
12 565
total
-
-
-
33 797
Employee
52 686
-
94 220
-
health
393
-
1 034
-
municipal
8 630
-
15 374
-
pensions
3 556
-
6 360
-
unemployment
791
-
1 414
-
national
870
-
7 192
-
total
14 240
-
31 374
-
Employer
52 686
-
94 220
-
accident
53
-
95
-
unemployment
342
-
612
-
pensions
9 141
-
16 347
-
health
405
-
726
-
total
9 941
-
17 780
-
Corporate
49 373
112 000
-
-
income
9 874
22 399
-
-
total
9 874
22 399
-
-
Dividends

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

29 624
67 200
-
-
national
-
3 941
-
-
municipal
5 332
12 096
-
-
total
5 332
16 037
-
-
Income
112 000
112 000
112 000
112 000
Total tax
39 387
38 436
49 154
33 797
After tax
72 613
73 564
62 846
78 203
Living cost
38 447
38 447
38 447
38 447
Free-cash
34 166
35 117
24 399
39 756

Estimated living cost  is ₽38447 per week

₽25113
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.
₽612
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9025
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58729
₽53281
₽55539
₽54538
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
112 000
income
-
-
-
14 218
health
-
-
-
2 856
social contributions
-
-
-
16 202
total
-
-
-
33 276
Employee
77 003
77 003
101 679
-
social contributions
2 911
6 391
8 439
-
health
597
1 309
1 729
-
income
8 384
7 128
13 789
-
total
11 892
14 828
23 957
-
Employer
77 003
77 003
101 679
-
social contributions
2 911
6 391
8 439
-
health
648
1 425
1 881
-
total
3 559
7 816
10 320
-
Corporate
73 363
27 181
-
-
income
9 171
3 398
-
-
total
9 171
3 398
-
-
Dividends
64 192
23 783
-
-
withholding
10 912
4 044
-
-
total
10 912
4 044
-
-
Income
112 000
112 000
112 000
112 000
Total tax
35 534
30 086
34 277
33 276
After tax
76 466
81 914
77 723
78 724
Living cost
23 185
23 185
23 185
23 185
Free-cash
53 281
58 729
54 538
55 539

Estimated living cost  is ₽23185 per week

₽13895
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2275
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.
₽6503
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76849
₽71753
₽75214
₽55128
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
112 000
income
-
-
-
10 864
pensions
-
-
-
6 370
unemployment
-
-
-
29
health
-
-
-
3 624
total
-
-
-
20 887
Employee

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

22 986
-
102 213
-
health
1 954
-
8 077
-
income
1 572
-
8 381
-
pensions
3 447
-
14 253
-
unemployment
114
-
475
-
total
7 087
-
31 186
-
Employer

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

22 986
-
102 213
-
unemployment
114
-
475
-
pensions
1 264
-
5 226
-
health
988
-
4 086
-
total
2 366
-
9 787
-
Corporate
86 648
112 000
-
-
income
7 799
10 079
-
-
total
7 799
10 079
-
-
Dividends
78 849
101 921
-
-
withholding
7 096
9 173
-
-
total
7 096
9 173
-
-
Income
112 000
112 000
112 000
112 000
Total tax
24 348
19 252
40 973
20 887
After tax
87 652
92 748
71 027
91 113
Living cost
15 899
15 899
15 899
15 899
Free-cash
71 753
76 849
55 128
75 214

Estimated living cost  is ₽15899 per week

₽10144
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1146
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽473
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4135
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Podgorica model

Close
Valencia , Spain
₽47897
₽42646
₽33648
₽30737
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
112 000
accident
-
-
-
836
income
-
-
-
22 969
pensions
-
-
-
26 267
other
-
-
-
93
unemployment
-
-
-
650
total
-
-
-
50 815
Employee
37 028
-
84 926
-
other
36
-
86
-
income
7 139
-
21 258
-
pensions
1 741
-
3 991
-
unemployment
574
-
1 317
-
total
9 490
-
26 652
-
Employer
37 028
-
84 926
-
accident
734
-
1 682
-
other
296
-
678
-
unemployment
2 037
-
4 671
-
pensions
8 738
-
20 043
-
total
11 805
-
27 074
-
Corporate
63 167
112 000
-
-
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.

9 475
16 799
-
-
total
9 475
16 799
-
-
Dividends
53 692
95 201
-
-
withholding
11 047
19 767
-
-
total
11 047
19 767
-
-
Income
112 000
112 000
112 000
112 000
Total tax
41 817
36 566
53 726
50 815
After tax
70 183
75 434
58 274
61 185
Living cost
27 537
27 537
27 537
27 537
Free-cash
42 646
47 897
30 737
33 648

Estimated living cost  is ₽27537 per week

₽18587
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2647
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.
₽5821
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67149
₽66699
₽68452
₽68257
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
112 000
income
-
-
-
37 362
pensions
-
-
-
1 998
health
-
-
-
1 449
total
-
-
-
40 809
Employee
4 172
-
109 752
-
health
209
-
500
-
income
807
-
37 257
-
pensions
375
-
899
-
unemployment
42
-
100
-
total
1 433
-
38 756
-
Employer
4 172
-
109 752
-
unemployment
83
-
200
-
pensions
459
-
1 099
-
health
396
-
949
-
total
938
-
2 248
-
Corporate
106 889
112 000
-
-
income
23 516
24 640
-
-
total
23 516
24 640
-
-
Dividends
83 373
87 360
-
-
withholding
16 675
17 472
-
-
total
16 675
17 472
-
-
Income
112 000
112 000
112 000
112 000
Total tax
42 562
42 112
41 004
40 809
After tax
69 438
69 888
70 996
71 191
Living cost
2 739
2 739
2 739
2 739
Free-cash
66 699
67 149
68 257
68 452

Estimated living cost  is ₽2739 per week

₽1628
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽222
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.
₽827
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63601
₽58674
₽43367
₽43366
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
112 000
income
-
-
-
23 338
pensions
-
-
-
19 243
unemployment
-
-
-
1 110
health
-
-
-
7 623
total
-
-
-
51 314
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.

26 117
-
98 752
-
health
1 345
-
3 812
-
income
3 600
-
23 338
-
pensions
3 656
-
10 362
-
unemployment
196
-
555
-
total
8 797
-
38 067
-
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.

26 117
-
98 752
-
unemployment
196
-
555
-
pensions
3 134
-
8 881
-
health
1 345
-
3 812
-
total
4 675
-
13 248
-
Corporate
81 209
112 000
-
-
income
12 181
16 800
-
-
total
12 181
16 800
-
-
Dividends
69 027
95 200
-
-
withholding
10 354
14 280
-
-
total
10 354
14 280
-
-
Income
112 000
112 000
112 000
112 000
Total tax
36 007
31 080
51 315
51 314
After tax
75 993
80 920
60 685
60 686
Living cost
17 319
17 319
17 319
17 319
Free-cash
58 674
63 601
43 366
43 367

Estimated living cost  is ₽17319 per week

₽11661
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1340
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽501
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3817
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36707
₽36348
₽35073
₽28624
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
112 000
income
-
-
-
11 011
surtax
-
-
-
-
social contributions

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

-
-
-
38 919
total
-
-
-
49 930
Employee
38 867
-
90 505
-
social contributions
4 276
-
9 956
-
surtax
-
-
-
-
income
7 594
-
24 928
-
total
11 870
-
34 884
-
Employer
38 867
-
90 505
-
social contributions
9 230
-
21 495
-
total
9 230
-
21 495
-
Corporate
63 903
112 000
-
-
surtax
-
-
-
-
income
13 420
23 521
-
-
total
13 420
23 521
-
-
Dividends
50 483
88 479
-
-
withholding
14 135
24 775
-
-
total
14 135
24 775
-
-
Income
112 000
112 000
112 000
112 000
Total tax
48 655
48 296
56 379
49 930
After tax
63 345
63 704
55 621
62 070
Living cost
26 997
26 997
26 997
26 997
Free-cash
36 348
36 707
28 624
35 073

Estimated living cost  is ₽26997 per week

₽19121
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1876
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽479
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5522
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40240
₽32603
₽25991
₽23080
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
112 000
accident
-
-
-
836
income
-
-
-
22 969
pensions
-
-
-
26 267
other
-
-
-
93
unemployment
-
-
-
650
total
-
-
-
50 815
Employee
48 363
-
84 926
-
other
48
-
86
-
income
10 101
-
21 258
-
pensions
2 273
-
3 991
-
unemployment
749
-
1 317
-
total
13 171
-
26 652
-
Employer
48 363
-
84 926
-
accident
958
-
1 682
-
other
388
-
678
-
unemployment
2 660
-
4 671
-
pensions
11 414
-
20 043
-
total
15 420
-
27 074
-
Corporate
48 217
112 000
-
-
income

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

7 233
16 799
-
-
total
7 233
16 799
-
-
Dividends
40 985
95 201
-
-
withholding
8 379
19 767
-
-
total
8 379
19 767
-
-
Income
112 000
112 000
112 000
112 000
Total tax
44 203
36 566
53 726
50 815
After tax
67 797
75 434
58 274
61 185
Living cost
35 194
35 194
35 194
35 194
Free-cash
32 603
40 240
23 080
25 991

Estimated living cost  is ₽35194 per week

₽25275
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2737
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6687
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78514
₽72404
₽68604
₽72300
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
112 000
income
-
-
-
16 800
pensions

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

-
-
-
5 183
unemployment
-
-
-
140
health
-
-
-
4 027
total
-
-
-
26 150
Employee
22 837
-
105 129
-
health
1 051
-
1 611
-
accident

We are using the highest rate at 1.1%.

251
-
385
-
income
2 284
-
10 513
-
pensions

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

2 005
-
3 075
-
total
5 591
-
15 584
-
Employer
22 837
-
105 129
-
accident

We are using the highest rate at 1.1%.

251
-
385
-
unemployment
137
-
210
-
pensions

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

2 517
-
3 859
-
health
1 576
-
2 416
-
total
4 481
-
6 870
-
Corporate
84 683
112 000
-
-
income
8 468
11 200
-
-
total
8 468
11 200
-
-
Dividends
76 215
100 800
-
-
withholding
3 810
5 040
-
-
total
3 810
5 040
-
-
Income
112 000
112 000
112 000
112 000
Total tax
22 350
16 240
22 454
26 150
After tax
89 650
95 760
89 546
85 850
Living cost
17 246
17 246
17 246
17 246
Free-cash
72 404
78 514
72 300
68 604

Estimated living cost  is ₽17246 per week

₽11407
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽987
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽411
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4442
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19086
₽32185
₽30048
₽39440
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
112 000
trade
-
-
-
9 392
income

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

-
-
-
25 647
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.

-
-
-
6 841
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.

-
-
-
1 410
total
-
-
-
43 290
Employee

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

49 826
-
112 000
-
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.

6 841
-
6 841
-
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.

226
-
1 410
-
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.

4 097
-
25 647
-
total
11 164
-
33 898
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
62 174
112 000
-
-
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.

513
924
-
-
income
9 327
16 799
-
-
trade
8 922
16 071
-
-
chamber of commerce
243
315
-
-
total
19 005
34 109
-
-
Dividends
43 168
77 891
-
-
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.

572
1 051
-
-
withholding
10 412
19 093
-
-
total
10 984
20 144
-
-
Income
112 000
112 000
112 000
112 000
Total tax
41 153
54 253
33 898
43 290
After tax
70 847
57 747
78 102
68 710
Living cost
38 662
38 662
38 662
38 662
Free-cash
32 185
19 086
39 440
30 048

Estimated living cost  is ₽38662 per week

₽26670
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4160
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.
₽7271
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21356
₽23567
₽16498
₽16498
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
112 000
income
-
-
-
28 249
social contributions
-
-
-
10 209
total
-
-
-
38 458
Employee
78 332
-
112 000
-
income
14 781
-
28 249
-
social contributions
6 508
-
10 209
-
total
21 289
-
38 458
-
Employer
78 332
-
112 000
-
total
-
-
-
-
Corporate
33 668
112 000
-
-
income
4 209
14 000
-
-
total
4 209
14 000
-
-
Dividends
29 459
98 000
-
-
withholding
5 891
19 600
-
-
total
5 891
19 600
-
-
Income
112 000
112 000
112 000
112 000
Total tax
31 389
33 600
38 458
38 458
After tax
80 611
78 400
73 542
73 542
Living cost
57 044
57 044
57 044
57 044
Free-cash
23 567
21 356
16 498
16 498

Estimated living cost  is ₽57044 per week

₽43398
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4648
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8453
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31158
₽34657
₽40468
₽46090
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
112 000
income
-
-
-
28 505
health

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

-
-
-
6 676
total
-
-
-
35 181
Employee
45 939
-
107 394
-
income
4 985
-
20 347
-
social contributions
4 603
-
4 606
-
total
9 588
-
24 953
-
Employer
45 939
-
107 394
-
social contributions
4 603
-
4 606
-
total
4 603
-
4 606
-
Corporate
61 459
112 000
-
-
income
21 510
39 200
-
-
total
21 510
39 200
-
-
Dividends
39 949
72 800
-
-
social contributions
5 291
5 291
-
-
total
5 291
5 291
-
-
Income
112 000
112 000
112 000
112 000
Total tax
40 992
44 491
29 559
35 181
After tax
71 008
67 509
82 441
76 819
Living cost
36 351
36 351
36 351
36 351
Free-cash
34 657
31 158
46 090
40 468

Estimated living cost  is ₽36351 per week

₽23944
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2866
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽557
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8983
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42951
₽40808
₽41764
₽31564
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
112 000
income
-
-
-
25 057
pensions
-
-
-
7 756
total
-
-
-
32 813
Employee
51 368
-
98 445
-
health
670
-
1 635
-
income
9 355
-
18 254
-
pensions
3 921
-
9 570
-
total
13 946
-
29 459
-
Employer
51 368
-
98 445
-
pensions
5 190
-
11 684
-
health
976
-
1 870
-
total
6 166
-
13 554
-
Corporate
54 465
112 000
-
-
income

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

10 349
21 281
-
-
total
10 349
21 281
-
-
Dividends
44 117
90 719
-
-
withholding
3 308
10 345
-
-
total
3 308
10 345
-
-
Income
112 000
112 000
112 000
112 000
Total tax
33 769
31 626
43 013
32 813
After tax
78 231
80 374
68 987
79 187
Living cost
37 423
37 423
37 423
37 423
Free-cash
40 808
42 951
31 564
41 764

Estimated living cost  is ₽37423 per week

₽25672
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3441
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7839
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽14695
₽5426
₽53026
₽34829
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
112 000
accident
-
-
-
252
income
-
-
-
28 258
pensions
-
-
-
4 151
other
-
-
-
370
health
-
-
-
2 176
total
-
-
-
35 207
Employee
37 386
-
97 011
-
health
4 280
-
11 108
-
income
5 129
-
19 695
-
pensions
4 210
-
7 612
-
total
13 619
-
38 415
-
Employer
37 386
-
97 011
-
accident
624
-
1 620
-
unemployment
916
-
2 377
-
pensions
6 079
-
10 992
-
total
7 619
-
14 989
-
Corporate
66 996
112 000
-
-
income

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

60 296
100 800
-
-
total
60 296
100 800
-
-
Dividends
6 700
11 200
-
-
withholding
1 273
2 128
-
-
total
1 273
2 128
-
-
Income
112 000
112 000
112 000
112 000
Total tax
82 807
102 928
53 404
35 207
After tax
29 193
9 072
58 596
76 793
Living cost
23 767
23 767
23 767
23 767
Free-cash
5 426
-14 695
34 829
53 026

Estimated living cost  is ₽23767 per week

₽17442
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1385
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽479
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4461
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80720
₽76803
₽50180
₽58958
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
112 000
work injury
-
-
-
560
health insurance
-
-
-
8 288
income
-
-
-
17 492
pensions
-
-
-
20 608
unemployment
-
-
-
1 344
total
-
-
-
48 292
Employee

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

21 644
-
112 000
-
work injury
108
-
400
-
income
2 164
-
17 492
-
pensions
3 982
-
14 735
-
health insurance
1 602
-
5 926
-
unemployment
260
-
961
-
total
8 116
-
39 514
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
90 356
112 000
-
-
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%.

-
1 120
-
-
total
-
1 120
-
-
Dividends
90 356
110 880
-
-
withholding
13 553
16 632
-
-
total
13 553
16 632
-
-
Income
112 000
112 000
112 000
112 000
Total tax
21 669
17 752
39 514
48 292
After tax
90 331
94 248
72 486
63 708
Living cost
13 528
13 528
13 528
13 528
Free-cash
76 803
80 720
58 958
50 180

Estimated living cost  is ₽13528 per week

₽8381
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽983
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽422
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3742
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19100
₽14546
₽15584
₽10461
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
112 000
municipal
-
-
-
749
regional
-
-
-
2 346
national
-
-
-
24 621
social contributions
-
-
-
28 806
total
-
-
-
56 522
Employee
84 385
-
112 000
-
social contributions
28 454
-
37 766
-
regional
1 274
-
1 994
-
municipal
504
-
669
-
national
14 260
-
21 216
-
total
44 492
-
61 645
-
Employer
84 385
-
112 000
-
total
-
-
-
-
Corporate
27 615
112 000
-
-
nationa
6 628
26 880
-
-
municipal
1 330
5 399
-
-
total
7 958
32 279
-
-
Dividends
19 657
79 721
-
-
withholding
5 110
20 727
-
-
total
5 110
20 727
-
-
Income
112 000
112 000
112 000
112 000
Total tax
57 560
53 006
61 645
56 522
After tax
54 440
58 994
50 355
55 478
Living cost
39 894
39 894
39 894
39 894
Free-cash
14 546
19 100
10 461
15 584

Estimated living cost  is ₽39894 per week

₽28023
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2744
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽602
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8523
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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