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
₽ 113000
per

Your estimated
City
free-cash

Dresden , Germany
₽26327
₽37564
₽37753
₽48111
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
113 000
trade
-
-
-
10 358
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.

-
-
-
25 756
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.

-
-
-
6 941
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.

-
-
-
1 417
total
-
-
-
44 472
Employee

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

38 861
-
113 000
-
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.

6 941
-
6 941
-
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.

60
-
1 417
-
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.

1 086
-
25 756
-
total
8 087
-
34 114
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
74 139
113 000
-
-
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.

611
933
-
-
income
11 121
16 950
-
-
trade
11 677
17 797
-
-
chamber of commerce
260
316
-
-
total
23 669
35 996
-
-
Dividends
50 469
77 004
-
-
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.

673
1 037
-
-
withholding
12 232
18 865
-
-
total
12 905
19 902
-
-
Income
113 000
113 000
113 000
113 000
Total tax
44 661
55 898
34 114
44 472
After tax
68 339
57 102
78 886
68 528
Living cost
30 775
30 775
30 775
30 775
Free-cash
37 564
26 327
48 111
37 753

Estimated living cost  is ₽30775 per week

₽19358
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3588
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7254
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19244
₽18392
₽16571
₽17460
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
113 000
municipal
-
-
-
11 918
pensions
-
-
-
13 560
national
-
-
-
18 468
social contributions
-
-
-
1 215
total
-
-
-
45 161
Employee
79 474
-
97 687
-
municipal
9 816
-
12 355
-
pensions
3 179
-
3 907
-
national
15 211
-
19 145
-
total
28 206
-
35 407
-
Employer
79 474
-
97 687
-
social contributions
854
-
1 050
-
pensions
6 358
-
7 815
-
total
7 212
-
8 865
-
Corporate
21 068
113 000
-
-
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%.

4 214
22 600
-
-
total
4 214
22 600
-
-
Dividends
16 854
90 400
-
-
withholding
3 708
19 888
-
-
total
3 708
19 888
-
-
Income
113 000
113 000
113 000
113 000
Total tax
43 340
42 488
44 272
45 161
After tax
69 660
70 512
68 728
67 839
Living cost
51 268
51 268
51 268
51 268
Free-cash
18 392
19 244
17 460
16 571

Estimated living cost  is ₽51268 per week

₽34846
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4766
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽767
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10889
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69262
₽60928
₽39055
₽42425
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
113 000
microenterprise
-
-
-
-
income
-
-
-
16 477
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.

-
-
-
36 330
total
-
-
-
52 807
Employee
29 689
-
91 062
-
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.

3 266
-
10 017
-
surtax
-
-
-
-
income
5 285
-
17 484
-
total
8 551
-
27 501
-
Employer
29 689
-
91 062
-
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.

7 151
-
21 936
-
surtax
-
-
-
-
total
7 151
-
21 936
-
Corporate
76 159
113 000
-
-
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%.

15 232
22 600
-
-
total
15 232
22 600
-
-
Dividends

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

60 927
90 400
-
-
total
-
-
-
-
Income
113 000
113 000
113 000
113 000
Total tax
30 934
22 600
49 437
52 807
After tax
82 066
90 400
63 563
60 193
Living cost
21 138
21 138
21 138
21 138
Free-cash
60 928
69 262
42 425
39 055

Estimated living cost  is ₽21138 per week

₽13485
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2013
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5160
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12398
₽6174
₽21806
₽15630
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
113 000
income
-
-
-
24 198
pensions
-
-
-
11 904
health
-
-
-
12 529
total
-
-
-
48 631
Employee
86 765
86 765
96 164
-
health
13 318
11 328
11 864
-
income

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

14 202
14 202
14 202
-
pensions
15 618
11 904
11 904
-
total
43 138
37 434
37 970
-
Employer
86 765
86 765
96 164
-
unemployment
3 124
3 124
3 461
-
pensions
6 039
6 039
6 693
-
health
6 031
6 031
6 683
-
total
15 194
15 194
16 837
-
Corporate
12 105
11 041
-
-
income
2 422
2 208
-
-
total
2 422
2 208
-
-
Dividends
9 684
8 833
-
-
income
2 057
1 878
-
-
withholding
1 452
1 325
-
-
total
3 509
3 203
-
-
Income
113 000
113 000
113 000
113 000
Total tax
64 263
58 039
54 807
48 631
After tax
48 737
54 961
58 193
64 369
Living cost
42 563
42 563
42 563
42 563
Free-cash
6 174
12 398
15 630
21 806

Estimated living cost  is ₽42563 per week

₽30164
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3837
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽677
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7886
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22545
₽21665
₽21280
₽20225
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
113 000
municipal
-
-
-
26 284
accident
-
-
-
172
pensions
-
-
-
9 276
other
-
-
-
9 971
unemployment
-
-
-
86
health
-
-
-
5 354
national
-
-
-
1 424
total
-
-
-
52 567
Employee
55 789
-
86 039
-
municipal
16 636
-
25 657
-
national
-
-
1 004
-
total
16 636
-
26 661
-
Employer
55 789
-
86 039
-
accident
112
-
172
-
other
6 483
-
9 971
-
unemployment
1 473
-
2 265
-
pensions
6 031
-
9 276
-
health
3 431
-
5 277
-
total
17 530
-
26 961
-
Corporate
39 682
113 000
-
-
income
8 730
24 860
-
-
total
8 730
24 860
-
-
Dividends
30 952
88 140
-
-
withholding
9 286
26 442
-
-
total
9 286
26 442
-
-
Income
113 000
113 000
113 000
113 000
Total tax
52 182
51 302
53 622
52 567
After tax
60 818
61 698
59 378
60 433
Living cost
39 153
39 153
39 153
39 153
Free-cash
21 665
22 545
20 225
21 280

Estimated living cost  is ₽39153 per week

₽25949
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3842
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽595
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8767
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16604
₽30883
₽28155
₽38972
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
113 000
trade
-
-
-
10 817
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.

-
-
-
25 756
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.

-
-
-
6 941
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.

-
-
-
1 417
total
-
-
-
44 931
Employee

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

51 525
-
113 000
-
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.

6 941
-
6 941
-
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.

243
-
1 417
-
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.

4 427
-
25 756
-
total
11 611
-
34 114
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
61 475
113 000
-
-
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.

507
933
-
-
income
9 220
16 950
-
-
trade
10 113
18 589
-
-
chamber of commerce
241
314
-
-
total
20 081
36 786
-
-
Dividends
41 393
76 213
-
-
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.

548
1 028
-
-
withholding
9 963
18 668
-
-
total
10 511
19 696
-
-
Income
113 000
113 000
113 000
113 000
Total tax
42 203
56 482
34 114
44 931
After tax
70 797
56 518
78 886
68 069
Living cost
39 914
39 914
39 914
39 914
Free-cash
30 883
16 604
38 972
28 155

Estimated living cost  is ₽39914 per week

₽26695
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4209
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽596
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8414
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49696
₽45483
₽46484
₽45537
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
113 000
income
-
-
-
14 241
health
-
-
-
2 881
social contributions
-
-
-
16 439
total
-
-
-
33 561
Employee
78 128
78 128
102 588
-
social contributions
3 796
6 484
8 515
-
health
777
1 328
1 745
-
income
8 204
7 232
13 836
-
total
12 777
15 044
24 096
-
Employer
78 128
78 128
102 588
-
social contributions
3 796
6 484
8 515
-
health
846
1 446
1 897
-
total
4 642
7 930
10 412
-
Corporate
62 624
26 941
-
-
income
7 828
3 368
-
-
total
7 828
3 368
-
-
Dividends
54 796
23 573
-
-
withholding
9 315
4 007
-
-
total
9 315
4 007
-
-
Income
113 000
113 000
113 000
113 000
Total tax
34 562
30 349
34 508
33 561
After tax
78 438
82 651
78 492
79 439
Living cost
32 955
32 955
32 955
32 955
Free-cash
45 483
49 696
45 537
46 484

Estimated living cost  is ₽32955 per week

₽22528
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2574
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7300
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45210
₽45592
₽59877
₽47104
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
113 000
income
-
-
-
13 814
pensions
-
-
-
11 300
unemployment
-
-
-
1 695
health
-
-
-
7 910
total
-
-
-
34 719
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.

26 567
10 573
94 561
-
health
1 860
740
6 619
-
income
3 248
1 293
11 560
-
pensions
2 657
1 057
9 456
-
unemployment
399
159
1 418
-
total
8 164
3 249
29 053
-
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.

26 567
10 573
94 561
-
pensions
5 181
2 062
18 439
-
total
5 181
2 062
18 439
-
Corporate
81 253
100 365
-
-
income
7 313
9 033
-
-
total
7 313
9 033
-
-
Dividends
73 940
91 332
-
-
social contributions
14 297
17 689
-
-
withholding
14 049
17 353
-
-
total
28 346
35 042
-
-
Income
113 000
113 000
113 000
113 000
Total tax
49 004
49 386
47 492
34 719
After tax
63 996
63 614
65 508
78 281
Living cost
18 404
18 404
18 404
18 404
Free-cash
45 592
45 210
47 104
59 877

Estimated living cost  is ₽18404 per week

₽12559
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1506
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽368
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3971
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65859
₽59547
₽36027
₽40591
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
113 000
income
-
-
-
15 142
pensions
-
-
-
22 600
health
-
-
-
14 690
total
-
-
-
52 432
Employee
28 823
-
84 456
-
income
3 245
-
16 283
-
pensions
577
-
1 689
-
unemployment
461
-
1 352
-
total
4 283
-
19 324
-
Employer
28 823
-
84 456
-
unemployment
231
-
675
-
pensions
5 765
-
16 890
-
health
3 746
-
10 979
-
total
9 742
-
28 544
-
Corporate
74 434
113 000
-
-
income
14 887
22 600
-
-
total
14 887
22 600
-
-
Dividends
59 547
90 400
-
-
total
-
-
-
-
Income
113 000
113 000
113 000
113 000
Total tax
28 912
22 600
47 868
52 432
After tax
84 088
90 400
65 132
60 568
Living cost
24 541
24 541
24 541
24 541
Free-cash
59 547
65 859
40 591
36 027

Estimated living cost  is ₽24541 per week

₽16833
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1462
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5754
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽13040
₽5748
₽55287
₽36914
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
113 000
accident
-
-
-
255
income
-
-
-
28 494
pensions
-
-
-
4 197
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
35 520
Employee
34 910
-
97 855
-
health
3 997
-
11 204
-
income
4 789
-
19 848
-
pensions
3 931
-
7 696
-
total
12 717
-
38 748
-
Employer
34 910
-
97 855
-
accident
583
-
1 634
-
unemployment
855
-
2 397
-
pensions
5 677
-
11 114
-
total
7 115
-
15 145
-
Corporate
70 975
113 000
-
-
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.

63 878
101 700
-
-
total
63 878
101 700
-
-
Dividends
7 097
11 300
-
-
withholding
1 349
2 147
-
-
total
1 349
2 147
-
-
Income
113 000
113 000
113 000
113 000
Total tax
85 059
103 847
53 893
35 520
After tax
27 941
9 153
59 107
77 480
Living cost
22 193
22 193
22 193
22 193
Free-cash
5 748
-13 040
36 914
55 287

Estimated living cost  is ₽22193 per week

₽16265
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1230
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4235
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98089
₽96353
₽102609
₽81139
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
113 000
microenterprise

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

-
-
-
1 130
total
-
-
-
1 130
Employee
11 576
-
113 000
-
income
2 315
-
22 600
-
total
2 315
-
22 600
-
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%.

101 424
113 000
-
-
total
-
-
-
-
Dividends
101 424
113 000
-
-
withholding
5 071
5 650
-
-
total
5 071
5 650
-
-
Income
113 000
113 000
113 000
113 000
Total tax
7 386
5 650
22 600
1 130
After tax
105 614
107 350
90 400
111 870
Living cost
9 261
9 261
9 261
9 261
Free-cash
96 353
98 089
81 139
102 609

Estimated living cost  is ₽9261 per week

₽5739
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽770
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽255
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2497
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55949
₽49087
₽33881
₽38561
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
113 000
income
-
-
-
14 586
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.

-
-
-
27 119
other
-
-
-
5 368
health
-
-
-
4 973
total
-
-
-
52 046
Employee
36 891
-
90 256
-
health
517
-
1 263
-
income
6 351
-
16 144
-
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.

2 582
-
6 317
-
unemployment
368
-
902
-
total
9 818
-
24 626
-
Employer
36 891
-
90 256
-
accident
295
-
721
-
other
1 845
-
4 512
-
unemployment
368
-
902
-
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.

6 272
-
15 342
-
health
517
-
1 263
-
total
9 297
-
22 740
-
Corporate
66 811
113 000
-
-
income
14 031
23 729
-
-
total
14 031
23 729
-
-
Dividends
52 780
89 271
-
-
withholding
3 694
6 249
-
-
total
3 694
6 249
-
-
Income
113 000
113 000
113 000
113 000
Total tax
36 840
29 978
47 366
52 046
After tax
76 160
83 022
65 634
60 954
Living cost
27 073
27 073
27 073
27 073
Free-cash
49 087
55 949
38 561
33 881

Estimated living cost  is ₽27073 per week

₽19129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1828
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽436
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5680
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Bratislava model

Close
London , United Kingdom
₽12803
₽2209
₽11571
₽1312
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
113 000
income
-
-
-
25 160
pensions
-
-
-
7 860
total
-
-
-
33 020
Employee
96 788
-
99 333
-
health
1 595
-
1 647
-
income
17 447
-
18 321
-
pensions
9 337
-
9 644
-
total
28 379
-
29 612
-
Employer
96 788
-
99 333
-
pensions
11 428
-
11 779
-
health
1 838
-
1 888
-
total
13 266
-
13 667
-
Corporate
2 946
113 000
-
-
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.

559
21 470
-
-
total
559
21 470
-
-
Dividends
2 387
91 530
-
-
withholding
178
10 318
-
-
total
178
10 318
-
-
Income
113 000
113 000
113 000
113 000
Total tax
42 382
31 788
43 279
33 020
After tax
70 618
81 212
69 721
79 980
Living cost
68 409
68 409
68 409
68 409
Free-cash
2 209
12 803
1 312
11 571

Estimated living cost  is ₽68409 per week

₽51260
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽8038
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8556
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽83293
₽78573
₽73251
₽76973
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
113 000
income
-
-
-
16 950
pensions

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

-
-
-
5 253
unemployment
-
-
-
142
health
-
-
-
4 082
total
-
-
-
26 427
Employee
17 641
-
106 037
-
health
811
-
1 633
-
accident

We are using the highest rate at 1.1%.

194
-
390
-
income
1 764
-
10 603
-
pensions

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

1 549
-
3 116
-
total
4 318
-
15 742
-
Employer
17 641
-
106 037
-
accident

We are using the highest rate at 1.1%.

194
-
390
-
unemployment
105
-
213
-
pensions

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

1 944
-
3 911
-
health
1 218
-
2 449
-
total
3 461
-
6 963
-
Corporate
91 898
113 000
-
-
income
9 190
11 300
-
-
total
9 190
11 300
-
-
Dividends
82 708
101 700
-
-
withholding
4 136
5 085
-
-
total
4 136
5 085
-
-
Income
113 000
113 000
113 000
113 000
Total tax
21 105
16 385
22 705
26 427
After tax
91 895
96 615
90 295
86 573
Living cost
13 322
13 322
13 322
13 322
Free-cash
78 573
83 293
76 973
73 251

Estimated living cost  is ₽13322 per week

₽7778
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽951
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽353
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4240
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1380
₽1177
₽8028
₽1852
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
113 000
income
-
-
-
24 198
pensions
-
-
-
11 904
health
-
-
-
12 529
total
-
-
-
48 631
Employee
94 199
86 765
96 164
-
health
11 752
11 328
11 864
-
income

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

14 202
14 202
14 202
-
pensions
11 904
11 904
11 904
-
total
37 858
37 434
37 970
-
Employer
94 199
86 765
96 164
-
unemployment
3 392
3 124
3 461
-
pensions
6 556
6 039
6 693
-
health
6 546
6 031
6 683
-
total
16 494
15 194
16 837
-
Corporate
2 307
11 041
-
-
income
461
2 208
-
-
total
461
2 208
-
-
Dividends
1 847
8 833
-
-
income
391
1 878
-
-
withholding
278
1 325
-
-
total
669
3 203
-
-
Income
113 000
113 000
113 000
113 000
Total tax
55 482
58 039
54 807
48 631
After tax
57 518
54 961
58 193
64 369
Living cost
56 341
56 341
56 341
56 341
Free-cash
1 177
-1 380
1 852
8 028

Estimated living cost  is ₽56341 per week

₽41561
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽5032
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽646
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9103
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53526
₽44866
₽30763
₽33070
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
113 000
income
-
-
-
9 712
health
-
-
-
15 255
solidarity contribution
-
-
-
-
social contributions
-
-
-
32 996
total
-
-
-
57 963
Employee
35 697
-
84 328
-
social contributions
2 320
-
5 481
-
health
4 819
-
11 384
-
solidarity contribution
-
-
-
-
income
4 284
-
10 119
-
total
11 423
-
26 984
-
Employer
35 697
-
84 328
-
social contributions
8 924
-
21 082
-
health
3 213
-
7 590
-
total
12 137
-
28 672
-
Corporate
65 166
113 000
-
-
income
12 382
21 470
-
-
total
12 382
21 470
-
-
Dividends
52 785
91 530
-
-
withholding
7 918
13 730
-
-
total
7 918
13 730
-
-
Income
113 000
113 000
113 000
113 000
Total tax
43 860
35 200
55 656
57 963
After tax
69 140
77 800
57 344
55 037
Living cost
24 274
24 274
24 274
24 274
Free-cash
44 866
53 526
33 070
30 763

Estimated living cost  is ₽24274 per week

₽16861
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5209
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17416
₽12112
₽14324
₽8945
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
113 000
municipal
-
-
-
671
regional
-
-
-
1 267
national
-
-
-
24 800
social contributions
-
-
-
29 065
total
-
-
-
55 803
Employee
90 299
-
113 000
-
social contributions
30 449
-
38 104
-
regional
852
-
1 112
-
municipal
478
-
600
-
national
15 647
-
21 366
-
total
47 426
-
61 182
-
Employer
90 299
-
113 000
-
total
-
-
-
-
Corporate
22 701
113 000
-
-
nationa
5 449
27 121
-
-
municipal
885
4 408
-
-
total
6 334
31 529
-
-
Dividends
16 367
81 471
-
-
withholding
4 255
21 182
-
-
total
4 255
21 182
-
-
Income
113 000
113 000
113 000
113 000
Total tax
58 015
52 711
61 182
55 803
After tax
54 985
60 289
51 818
57 197
Living cost
42 873
42 873
42 873
42 873
Free-cash
12 112
17 416
8 945
14 324

Estimated living cost  is ₽42873 per week

₽29886
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2811
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽657
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9517
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48657
₽45495
₽34095
₽32240
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
113 000
income
-
-
-
22 698
pensions
-
-
-
22 600
other
-
-
-
-
unemployment
-
-
-
231
health
-
-
-
8 023
surtax
-
-
-
2 933
total
-
-
-
56 485
Employee
33 600
-
93 349
-
other
-
-
-
-
health
858
-
2 381
-
surtax
110
-
2 642
-
income
5 632
-
20 941
-
pensions
2 240
-
6 226
-
unemployment
2 339
-
6 498
-
total
11 179
-
38 688
-
Employer
33 600
-
93 349
-
other
-
-
-
-
unemployment
1 064
-
2 960
-
pensions
4 479
-
12 444
-
health
1 529
-
4 248
-
total
7 072
-
19 652
-
Corporate
72 328
113 000
-
-
income
18 805
29 381
-
-
total
18 805
29 381
-
-
Dividends
53 523
83 619
-
-
withholding
8 029
12 542
-
-
total
8 029
12 542
-
-
Income
113 000
113 000
113 000
113 000
Total tax
45 085
41 923
58 340
56 485
After tax
67 915
71 077
54 660
56 515
Living cost
22 420
22 420
22 420
22 420
Free-cash
45 495
48 657
32 240
34 095

Estimated living cost  is ₽22420 per week

₽13709
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2069
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6126
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34477
₽29881
₽33245
₽22986
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
113 000
income
-
-
-
25 160
pensions
-
-
-
7 860
total
-
-
-
33 020
Employee
64 865
-
99 333
-
health
942
-
1 647
-
income
11 682
-
18 321
-
pensions
5 506
-
9 644
-
total
18 130
-
29 612
-
Employer
64 865
-
99 333
-
pensions
7 022
-
11 779
-
health
1 232
-
1 888
-
total
8 254
-
13 667
-
Corporate
39 881
113 000
-
-
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.

7 578
21 470
-
-
total
7 578
21 470
-
-
Dividends
32 303
91 530
-
-
withholding
2 422
10 318
-
-
total
2 422
10 318
-
-
Income
113 000
113 000
113 000
113 000
Total tax
36 384
31 788
43 279
33 020
After tax
76 616
81 212
69 721
79 980
Living cost
46 735
46 735
46 735
46 735
Free-cash
29 881
34 477
22 986
33 245

Estimated living cost  is ₽46735 per week

₽35014
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3503
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7729
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽25942
₽7266
₽16192
₽10590
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
113 000
city
-
-
-
1 190
pensions
-
-
-
10 398
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.

-
-
-
2 261
regional
-
-
-
4 190
health
-
-
-
255
national
-
-
-
899
total
-
-
-
19 193
Employee
90 829
-
101 141
-
city
975
-
1 086
-
regional
2 974
-
3 574
-
health
205
-
227
-
pensions
7 631
-
8 496
-
unemployment
-
-
-
-
national
430
-
666
-
total
12 215
-
14 049
-
Employer
90 829
-
101 141
-
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.

1 816
-
2 023
-
unemployment
-
-
-
-
pensions
7 631
-
8 496
-
health
205
-
227
-
total
9 652
-
10 746
-
Corporate
11 520
113 000
-
-
regional
2 436
23 899
-
-
national
979
9 604
-
-
total
3 415
33 503
-
-
Dividends
8 105
79 496
-
-
withholding
2 837
27 824
-
-
total
2 837
27 824
-
-
Income
113 000
113 000
113 000
113 000
Total tax
28 119
61 327
24 795
19 193
After tax
84 881
51 673
88 205
93 807
Living cost
77 615
77 615
77 615
77 615
Free-cash
7 266
-25 942
10 590
16 192

Estimated living cost  is ₽77615 per week

₽50472
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6965
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽953
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19225
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽9395
₽25868
₽21063
₽32341
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
113 000
trade
-
-
-
11 278
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.

-
-
-
25 756
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.

-
-
-
6 941
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.

-
-
-
1 417
total
-
-
-
45 392
Employee

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

61 062
-
113 000
-
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.

6 941
-
6 941
-
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.

395
-
1 417
-
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.

7 180
-
25 756
-
total
14 516
-
34 114
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
51 938
113 000
-
-
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
933
-
-
income
7 792
16 950
-
-
trade
8 908
19 380
-
-
chamber of commerce
228
312
-
-
total
17 356
37 575
-
-
Dividends
34 583
75 425
-
-
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.

455
1 016
-
-
withholding
8 260
18 469
-
-
total
8 715
19 485
-
-
Income
113 000
113 000
113 000
113 000
Total tax
40 587
57 060
34 114
45 392
After tax
72 413
55 940
78 886
67 608
Living cost
46 545
46 545
46 545
46 545
Free-cash
25 868
9 395
32 341
21 063

Estimated living cost  is ₽46545 per week

₽33995
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3723
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽605
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8223
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22190
₽28189
₽29985
₽34626
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
113 000
income
-
-
-
12 374
pensions
-
-
-
26 437
other
-
-
-
3 503
health
-
-
-
2 719
surtax
-
-
-
-
social contributions
-
-
-
3 220
total
-
-
-
48 253
Employee
43 485
-
91 054
-
social contributions
1 240
-
2 595
-
surtax
-
-
-
-
income
2 566
-
14 318
-
pensions
4 917
-
4 753
-
total
8 723
-
21 666
-
Employer
43 485
-
91 054
-
other
1 500
-
3 141
-
social contributions
131
-
274
-
unemployment
1 760
-
3 688
-
pensions
7 144
-
8 286
-
health
3 045
-
6 557
-
total
13 580
-
21 946
-
Corporate
55 935
113 000
-
-
surtax
-
-
-
-
income
15 662
31 640
-
-
total
15 662
31 640
-
-
Dividends
40 273
81 360
-
-
surtax
-
-
-
-
social contributions
6 928
13 994
-
-
withholding
5 156
10 414
-
-
total
12 084
24 408
-
-
Income
113 000
113 000
113 000
113 000
Total tax
50 049
56 048
43 612
48 253
After tax
62 951
56 952
69 388
64 747
Living cost
34 762
34 762
34 762
34 762
Free-cash
28 189
22 190
34 626
29 985

Estimated living cost  is ₽34762 per week

₽21919
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2827
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9427
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25634
₽31280
₽33429
₽38070
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
113 000
income
-
-
-
12 374
pensions
-
-
-
26 437
other
-
-
-
3 503
health
-
-
-
2 719
surtax
-
-
-
-
social contributions
-
-
-
3 220
total
-
-
-
48 253
Employee
38 816
-
91 054
-
social contributions
1 107
-
2 595
-
surtax
-
-
-
-
income
2 001
-
14 318
-
pensions
4 390
-
4 753
-
total
7 498
-
21 666
-
Employer
38 816
-
91 054
-
other
1 340
-
3 141
-
social contributions
116
-
274
-
unemployment
1 571
-
3 688
-
pensions
6 378
-
8 286
-
health
2 717
-
6 557
-
total
12 122
-
21 946
-
Corporate
62 062
113 000
-
-
surtax
-
-
-
-
income
17 378
31 640
-
-
total
17 378
31 640
-
-
Dividends
44 683
81 360
-
-
surtax
-
-
-
-
social contributions
7 685
13 994
-
-
withholding
5 719
10 414
-
-
total
13 404
24 408
-
-
Income
113 000
113 000
113 000
113 000
Total tax
50 402
56 048
43 612
48 253
After tax
62 598
56 952
69 388
64 747
Living cost
31 318
31 318
31 318
31 318
Free-cash
31 280
25 634
38 070
33 429

Estimated living cost  is ₽31318 per week

₽18163
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3181
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽594
Clothing and shoes. We estimate one pair of shoes and 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 Marseille model

Close
Vilnius , Lithuania
₽47397
₽47923
₽51022
₽50630
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
113 000
income
-
-
-
16 950
health
-
-
-
7 888
social contributions
-
-
-
15 595
total
-
-
-
40 433
Employee
34 450
-
113 000
-
social contributions
4 755
-
15 595
-
health
2 404
-
7 888
-
income
5 746
-
17 342
-
total
12 905
-
40 825
-
Employer
34 450
-
113 000
-
total
-
-
-
-
Corporate
78 550
113 000
-
-
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%.

3 928
5 649
-
-
total
3 928
5 649
-
-
Dividends
74 623
107 351
-
-
health
5 208
7 493
-
-
social contributions
10 298
14 814
-
-
withholding
11 193
16 102
-
-
total
26 699
38 409
-
-
Income
113 000
113 000
113 000
113 000
Total tax
43 532
44 058
40 825
40 433
After tax
69 468
68 942
72 175
72 567
Living cost
21 545
21 545
21 545
21 545
Free-cash
47 923
47 397
50 630
51 022

Estimated living cost  is ₽21545 per week

₽14418
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1328
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽5300
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27349
₽25782
₽20480
-₽2988
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
113 000
chamber of commerce
-
-
-
451
income
-
-
-
20 286
pensions
-
-
-
20 905
unemployment
-
-
-
6 232
health
-
-
-
8 644
surtax
-
-
-
201
total
-
-
-
56 719
Employee
50 777
40 491
87 589
-
other
507
405
875
-
health
1 965
1 568
3 390
-
income
5 781
2 987
17 978
-
pensions
5 200
4 145
8 970
-
unemployment
1 523
1 215
2 628
-
total
14 976
10 320
33 841
-
Employer
50 777
40 491
87 589
-
accident
659
526
1 140
-
other
2 412
1 922
4 161
-
chamber of commerce
202
162
351
-
unemployment
1 523
1 215
2 628
-
surtax
201
201
201
-
pensions
6 372
5 083
10 992
-
payroll
1 523
1 215
2 628
-
health
1 918
1 531
3 311
-
total
14 810
11 855
25 412
-
Corporate
47 411
60 655
83 733
-
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.

11 852
15 165
20 934
-
total
11 852
15 165
20 934
-
Dividends
35 559
45 491
-
-
withholding
9 779
12 510
-
-
total
9 779
12 510
-
-
Income
113 000
113 000
113 000
113 000
Total tax
51 417
49 850
80 187
56 719
After tax
61 583
63 150
32 813
56 281
Living cost
35 801
35 801
35 801
35 801
Free-cash
25 782
27 349
-2 988
20 480

Estimated living cost  is ₽35801 per week

₽23878
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3054
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽588
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8281
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26289
₽11049
₽14641
₽6320
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
113 000
national
-
-
-
37 396
communal

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

-
-
-
5 686
social contributions
-
-
-
18 231
total
-
-
-
61 313
Employee

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

72 678
-
87 520
-
communal

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

3 791
-
4 566
-
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.

3 415
-
4 113
-
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.

5 451
-
6 563
-
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.

632
-
762
-
national
22 344
-
28 150
-
total
35 633
-
44 154
-
Employer

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

72 678
-
87 520
-
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.

945
-
1 138
-
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.

1 060
-
1 278
-
surtax
8 241
-
9 926
-
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.

6 440
-
7 755
-
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.

4 469
-
5 383
-
total
21 155
-
25 480
-
Corporate
19 167
113 000
-
-
surtax
77
451
-
-
income
3 833
22 600
-
-
total
3 910
23 051
-
-
Dividends
15 257
89 949
-
-
withholding

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

4 207
26 614
-
-
total
4 207
26 614
-
-
Income
113 000
113 000
113 000
113 000
Total tax
64 905
49 665
69 634
61 313
After tax
48 095
63 335
43 366
51 687
Living cost
37 046
37 046
37 046
37 046
Free-cash
11 049
26 289
6 320
14 641

Estimated living cost  is ₽37046 per week

₽23862
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3239
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.
₽9365
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39418
₽31324
₽24987
₽22150
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
113 000
accident
-
-
-
848
income
-
-
-
23 069
pensions
-
-
-
26 650
other
-
-
-
94
unemployment
-
-
-
659
total
-
-
-
51 320
Employee
50 576
-
85 682
-
other
50
-
85
-
income
10 671
-
21 401
-
pensions
2 377
-
4 028
-
unemployment
785
-
1 328
-
total
13 883
-
26 842
-
Employer
50 576
-
85 682
-
accident
1 001
-
1 697
-
other
403
-
686
-
unemployment
2 782
-
4 712
-
pensions
11 935
-
20 220
-
total
16 121
-
27 315
-
Corporate
46 303
113 000
-
-
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.

6 945
16 950
-
-
total
6 945
16 950
-
-
Dividends
39 358
96 050
-
-
withholding
8 034
19 939
-
-
total
8 034
19 939
-
-
Income
113 000
113 000
113 000
113 000
Total tax
44 983
36 889
54 157
51 320
After tax
68 017
76 111
58 843
61 680
Living cost
36 693
36 693
36 693
36 693
Free-cash
31 324
39 418
22 150
24 987

Estimated living cost  is ₽36693 per week

₽27021
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2603
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6540
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13533
₽6057
₽7840
₽12543
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
113 000
accident
-
-
-
952
income
-
-
-
11 370
pensions
-
-
-
16 937
health
-
-
-
7 942
surtax
-
-
-
5 601
communal
-
-
-
7 142
total
-
-
-
49 944
Employee
76 944
-
100 938
-
health
3 424
-
4 493
-
surtax
4 716
-
6 185
-
income
7 432
-
14 426
-
pensions
6 155
-
8 075
-
total
21 727
-
33 179
-
Employer
76 944
-
100 938
-
accident
692
-
908
-
pensions
6 155
-
8 075
-
health
2 347
-
3 079
-
total
9 194
-
12 062
-
Corporate
26 863
113 000
-
-
surtax
282
1 186
-
-
communal
-
7 628
-
-
income
4 030
16 950
-
-
total
4 312
25 764
-
-
Dividends
22 552
87 236
-
-
income
13 112
5 401
-
-
withholding
3 382
13 086
-
-
total
16 494
18 487
-
-
Income
113 000
113 000
113 000
113 000
Total tax
51 727
44 251
45 241
49 944
After tax
61 273
68 749
67 759
63 056
Living cost
55 216
55 216
55 216
55 216
Free-cash
6 057
13 533
12 543
7 840

Estimated living cost  is ₽55216 per week

₽41420
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3345
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9864
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48256
₽45025
₽33694
₽31839
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
113 000
income
-
-
-
22 698
pensions
-
-
-
22 600
other
-
-
-
-
unemployment
-
-
-
231
health
-
-
-
8 023
surtax
-
-
-
2 933
total
-
-
-
56 485
Employee
34 217
-
93 349
-
other
-
-
-
-
health
873
-
2 381
-
surtax
121
-
2 642
-
income
5 736
-
20 941
-
pensions
2 283
-
6 226
-
unemployment
2 381
-
6 498
-
total
11 394
-
38 688
-
Employer
34 217
-
93 349
-
other
-
-
-
-
unemployment
1 086
-
2 960
-
pensions
4 562
-
12 444
-
health
1 556
-
4 248
-
total
7 204
-
19 652
-
Corporate
71 580
113 000
-
-
income
18 610
29 381
-
-
total
18 610
29 381
-
-
Dividends
52 970
83 619
-
-
withholding
7 946
12 542
-
-
total
7 946
12 542
-
-
Income
113 000
113 000
113 000
113 000
Total tax
45 154
41 923
58 340
56 485
After tax
67 846
71 077
54 660
56 515
Living cost
22 821
22 821
22 821
22 821
Free-cash
45 025
48 256
31 839
33 694

Estimated living cost  is ₽22821 per week

₽13778
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.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6531
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32024
₽29770
₽29391
₽24040
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
113 000
municipal
-
-
-
671
regional
-
-
-
1 703
national
-
-
-
24 800
social contributions
-
-
-
29 065
total
-
-
-
56 239
Employee
56 361
-
113 000
-
social contributions
19 005
-
38 104
-
regional
759
-
1 520
-
municipal
299
-
600
-
national
8 929
-
21 366
-
total
28 992
-
61 590
-
Employer
56 361
-
113 000
-
total
-
-
-
-
Corporate
56 639
113 000
-
-
nationa
13 593
27 121
-
-
municipal
2 815
5 617
-
-
total
16 408
32 738
-
-
Dividends
40 231
80 262
-
-
withholding
10 460
20 868
-
-
total
10 460
20 868
-
-
Income
113 000
113 000
113 000
113 000
Total tax
55 860
53 606
61 590
56 239
After tax
57 140
59 394
51 410
56 761
Living cost
27 370
27 370
27 370
27 370
Free-cash
29 770
32 024
24 040
29 391

Estimated living cost  is ₽27370 per week

₽17021
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2773
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7107
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47888
₽37218
₽25125
₽27432
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
113 000
income
-
-
-
9 712
health
-
-
-
15 255
solidarity contribution
-
-
-
-
social contributions
-
-
-
32 996
total
-
-
-
57 963
Employee
43 988
-
84 328
-
social contributions
2 859
-
5 481
-
health
5 938
-
11 384
-
solidarity contribution
-
-
-
-
income
5 278
-
10 119
-
total
14 075
-
26 984
-
Employer
43 988
-
84 328
-
social contributions
10 997
-
21 082
-
health
3 959
-
7 590
-
total
14 956
-
28 672
-
Corporate
54 057
113 000
-
-
income
10 271
21 470
-
-
total
10 271
21 470
-
-
Dividends
43 786
91 530
-
-
withholding
6 568
13 730
-
-
total
6 568
13 730
-
-
Income
113 000
113 000
113 000
113 000
Total tax
45 870
35 200
55 656
57 963
After tax
67 130
77 800
57 344
55 037
Living cost
29 912
29 912
29 912
29 912
Free-cash
37 218
47 888
27 432
25 125

Estimated living cost  is ₽29912 per week

₽22244
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1657
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5493
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30844
₽30346
₽24067
₽437
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
113 000
chamber of commerce
-
-
-
451
income
-
-
-
20 286
pensions
-
-
-
20 905
unemployment
-
-
-
6 232
health
-
-
-
8 644
surtax
-
-
-
-
total
-
-
-
56 518
Employee
44 414
40 491
87 747
-
other
443
405
877
-
health
1 718
1 568
3 395
-
income
3 957
2 987
18 034
-
pensions
4 548
4 145
8 985
-
unemployment
1 332
1 215
2 632
-
total
11 998
10 320
33 923
-
Employer
44 414
40 491
87 747
-
accident
577
526
1 141
-
other
2 109
1 922
4 169
-
chamber of commerce
177
162
351
-
unemployment
1 332
1 215
2 632
-
surtax
-
-
-
-
pensions
5 574
5 083
11 012
-
payroll
1 332
1 215
2 632
-
health
1 679
1 531
3 316
-
total
12 780
11 654
25 253
-
Corporate
55 805
60 856
83 891
-
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.

13 952
15 215
20 972
-
total
13 952
15 215
20 972
-
Dividends
41 853
45 641
-
-
withholding
11 509
12 552
-
-
total
11 509
12 552
-
-
Income
113 000
113 000
113 000
113 000
Total tax
50 239
49 741
80 148
56 518
After tax
62 761
63 259
32 852
56 482
Living cost
32 415
32 415
32 415
32 415
Free-cash
30 346
30 844
437
24 067

Estimated living cost  is ₽32415 per week

₽19445
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3311
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽578
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9081
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92918
₽90212
₽97438
₽75968
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
113 000
microenterprise

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

-
-
-
1 130
total
-
-
-
1 130
Employee
18 040
-
113 000
-
income
3 608
-
22 600
-
total
3 608
-
22 600
-
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%.

94 960
113 000
-
-
total
-
-
-
-
Dividends
94 960
113 000
-
-
withholding
4 748
5 650
-
-
total
4 748
5 650
-
-
Income
113 000
113 000
113 000
113 000
Total tax
8 356
5 650
22 600
1 130
After tax
104 644
107 350
90 400
111 870
Living cost
14 432
14 432
14 432
14 432
Free-cash
90 212
92 918
75 968
97 438

Estimated living cost  is ₽14432 per week

₽9766
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽606
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3575
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50548
₽42051
₽30712
₽27473
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
113 000
income
-
-
-
23 110
pensions
-
-
-
20 637
unemployment
-
-
-
170
health
-
-
-
11 119
total
-
-
-
55 036
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.

44 929
-
97 776
-
health
2 902
-
6 317
-
income
7 748
-
21 442
-
pensions
6 964
-
15 155
-
unemployment
64
-
137
-
total
17 678
-
43 051
-
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.

44 929
-
97 776
-
unemployment
27
-
58
-
pensions
3 976
-
8 653
-
health
2 992
-
6 513
-
total
6 995
-
15 224
-
Corporate
61 075
113 000
-
-
income
11 603
21 470
-
-
total
11 603
21 470
-
-
Dividends
49 472
91 530
-
-
withholding
7 421
13 730
-
-
total
7 421
13 730
-
-
Income
113 000
113 000
113 000
113 000
Total tax
43 697
35 200
58 275
55 036
After tax
69 303
77 800
54 725
57 964
Living cost
27 252
27 252
27 252
27 252
Free-cash
42 051
50 548
27 473
30 712

Estimated living cost  is ₽27252 per week

₽18703
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1747
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6276
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24849
-₽38702
₽34192
₽55715
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
113 000
income
-
-
-
22 026
social contributions
-
-
-
12 882
total
-
-
-
34 908
Employee
62 947
-
-
-
social contributions
5 162
-
736
-
income
13 885
-
-
-
total
19 047
-
736
-
Employer
62 947
-
-
-
social contributions
88 755
-
12 649
-
total
88 755
-
12 649
-
Corporate
-
113 000
-
-
income
-
24 860
-
-
total
-
24 860
-
-
Dividends
-
88 140
-
-
income
-
19 391
-
-
total
-
19 391
-
-
Income
113 000
113 000
113 000
113 000
Total tax
107 802
44 251
13 385
34 908
After tax
5 198
68 749
99 615
78 092
Living cost
43 900
43 900
43 900
43 900
Free-cash
-38 702
24 849
55 715
34 192

Estimated living cost  is ₽43900 per week

₽28484
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4129
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10728
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32405
₽31383
₽30779
₽24312
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
113 000
income
-
-
-
11 083
surtax
-
-
-
-
social contributions

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

-
-
-
39 268
total
-
-
-
50 351
Employee
46 730
-
91 312
-
social contributions
5 140
-
10 044
-
surtax
-
-
-
-
income
9 720
-
25 086
-
total
14 860
-
35 130
-
Employer
46 730
-
91 312
-
social contributions
11 098
-
21 688
-
total
11 098
-
21 688
-
Corporate
55 172
113 000
-
-
surtax
-
-
-
-
income
11 586
23 729
-
-
total
11 586
23 729
-
-
Dividends
43 586
89 271
-
-
withholding
12 203
24 996
-
-
total
12 203
24 996
-
-
Income
113 000
113 000
113 000
113 000
Total tax
49 747
48 725
56 818
50 351
After tax
63 253
64 275
56 182
62 649
Living cost
31 870
31 870
31 870
31 870
Free-cash
31 383
32 405
24 312
30 779

Estimated living cost  is ₽31870 per week

₽23845
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1880
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽532
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5613
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7879
₽14863
₽15674
₽20315
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
113 000
income
-
-
-
12 374
pensions
-
-
-
26 437
other
-
-
-
3 503
health
-
-
-
2 719
surtax
-
-
-
-
social contributions
-
-
-
3 220
total
-
-
-
48 253
Employee
63 636
-
91 054
-
social contributions
1 812
-
2 595
-
surtax
-
-
-
-
income
5 552
-
14 318
-
pensions
7 198
-
4 753
-
total
14 562
-
21 666
-
Employer
63 636
-
91 054
-
other
2 196
-
3 141
-
social contributions
191
-
274
-
unemployment
2 578
-
3 688
-
pensions
10 456
-
8 286
-
health
4 454
-
6 557
-
total
19 875
-
21 946
-
Corporate
29 489
113 000
-
-
surtax
-
-
-
-
income
8 256
31 640
-
-
total
8 256
31 640
-
-
Dividends
21 232
81 360
-
-
surtax
-
-
-
-
social contributions
3 652
13 994
-
-
withholding
2 719
10 414
-
-
total
6 371
24 408
-
-
Income
113 000
113 000
113 000
113 000
Total tax
49 064
56 048
43 612
48 253
After tax
63 936
56 952
69 388
64 747
Living cost
49 073
49 073
49 073
49 073
Free-cash
14 863
7 879
20 315
15 674

Estimated living cost  is ₽49073 per week

₽33212
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4014
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽673
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11173
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71157
₽67745
₽54954
₽57957
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
113 000
income
-
-
-
2 643
social contributions
-
-
-
24 861
total
-
-
-
27 504
Employee
32 665
-
97 835
-
income
-
-
2 977
-
social contributions
2 123
-
6 359
-
total
2 123
-
9 336
-
Employer
32 665
-
97 835
-
social contributions
5 063
-
15 165
-
total
5 063
-
15 165
-
Corporate
75 272
113 000
-
-
income
7 527
11 301
-
-
total
7 527
11 301
-
-
Dividends
67 745
101 699
-
-
total
-
-
-
-
Income
113 000
113 000
113 000
113 000
Total tax
14 713
11 301
24 501
27 504
After tax
98 287
101 699
88 499
85 496
Living cost
30 542
30 542
30 542
30 542
Free-cash
67 745
71 157
57 957
54 954

Estimated living cost  is ₽30542 per week

₽19748
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2302
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7917
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽108348
-₽108348
₽20485
-₽108348
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
113 000
municipal
-
-
-
21 580
pensions
-
-
-
881
national
-
-
-
12 158
labour market
-
-
-
8 969
total
-
-
-
43 588
Employee
206 511
206 511
206 511
-
labour market
16 497
16 497
16 497
-
national
25 229
25 229
25 229
-
municipal
43 975
43 975
43 975
-
pensions
294
294
294
-
total
85 995
85 995
85 995
-
Employer
206 511
206 511
206 511
-
labour market
16 521
16 521
16 521
-
municipal
44 045
44 045
44 045
-
pensions
587
587
587
-
national
25 273
25 273
25 273
-
total
86 426
86 426
86 426
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
113 000
113 000
113 000
113 000
Total tax
172 421
172 421
172 421
43 588
After tax
-59 421
-59 421
-59 421
69 412
Living cost
48 927
48 927
48 927
48 927
Free-cash
-108 348
-108 348
-108 348
20 485

Estimated living cost  is ₽48927 per week

₽33486
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4328
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽752
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10360
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽12712
₽5799
₽55615
₽37242
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
113 000
accident
-
-
-
255
income
-
-
-
28 494
pensions
-
-
-
4 197
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
35 520
Employee
34 396
-
97 855
-
health
3 939
-
11 204
-
income
4 719
-
19 848
-
pensions
3 873
-
7 696
-
total
12 531
-
38 748
-
Employer
34 396
-
97 855
-
accident
574
-
1 634
-
unemployment
843
-
2 397
-
pensions
5 593
-
11 114
-
total
7 010
-
15 145
-
Corporate
71 594
113 000
-
-
income

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

64 435
101 700
-
-
total
64 435
101 700
-
-
Dividends
7 159
11 300
-
-
withholding
1 360
2 147
-
-
total
1 360
2 147
-
-
Income
113 000
113 000
113 000
113 000
Total tax
85 336
103 847
53 893
35 520
After tax
27 664
9 153
59 107
77 480
Living cost
21 865
21 865
21 865
21 865
Free-cash
5 799
-12 712
37 242
55 615

Estimated living cost  is ₽21865 per week

₽15916
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1246
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽410
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4293
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35254
₽34226
₽39957
₽24465
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
113 000
municipal
-
-
-
20 103
health
-
-
-
1 317
national
-
-
-
12 615
total
-
-
-
34 035
Employee
53 456
-
95 063
-
health
399
-
1 039
-
municipal
8 756
-
15 512
-
pensions
3 608
-
6 417
-
unemployment
802
-
1 427
-
national
883
-
7 195
-
total
14 448
-
31 590
-
Employer
53 456
-
95 063
-
accident
54
-
94
-
unemployment
347
-
617
-
pensions
9 274
-
16 493
-
health
411
-
733
-
total
10 086
-
17 937
-
Corporate
49 458
113 000
-
-
income
9 891
22 600
-
-
total
9 891
22 600
-
-
Dividends

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

29 675
67 800
-
-
national
-
3 933
-
-
municipal
5 341
12 205
-
-
total
5 341
16 138
-
-
Income
113 000
113 000
113 000
113 000
Total tax
39 766
38 738
49 527
34 035
After tax
73 234
74 262
63 473
78 965
Living cost
39 008
39 008
39 008
39 008
Free-cash
34 226
35 254
24 465
39 957

Estimated living cost  is ₽39008 per week

₽25480
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3752
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽621
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9157
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59127
₽53598
₽55915
₽54968
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
113 000
income
-
-
-
14 241
health
-
-
-
2 881
social contributions
-
-
-
16 439
total
-
-
-
33 561
Employee
78 128
78 128
102 588
-
social contributions
2 954
6 484
8 515
-
health
605
1 328
1 745
-
income
8 507
7 232
13 836
-
total
12 066
15 044
24 096
-
Employer
78 128
78 128
102 588
-
social contributions
2 954
6 484
8 515
-
health
657
1 446
1 897
-
total
3 611
7 930
10 412
-
Corporate
73 798
26 941
-
-
income
9 224
3 368
-
-
total
9 224
3 368
-
-
Dividends
64 574
23 573
-
-
withholding
10 977
4 007
-
-
total
10 977
4 007
-
-
Income
113 000
113 000
113 000
113 000
Total tax
35 878
30 349
34 508
33 561
After tax
77 122
82 651
78 492
79 439
Living cost
23 524
23 524
23 524
23 524
Free-cash
53 598
59 127
54 968
55 915

Estimated living cost  is ₽23524 per week

₽14098
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2308
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.
₽6598
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77442
₽72273
₽75747
₽55367
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
113 000
income
-
-
-
10 952
pensions
-
-
-
6 463
unemployment
-
-
-
29
health
-
-
-
3 677
total
-
-
-
21 121
Employee

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

23 322
-
103 070
-
health
1 982
-
8 195
-
income
1 595
-
8 434
-
pensions
3 498
-
14 461
-
unemployment
116
-
482
-
total
7 191
-
31 572
-
Employer

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

23 322
-
103 070
-
unemployment
116
-
482
-
pensions
1 282
-
5 302
-
health
1 003
-
4 145
-
total
2 401
-
9 929
-
Corporate
87 278
113 000
-
-
income
7 855
10 171
-
-
total
7 855
10 171
-
-
Dividends
79 423
102 829
-
-
withholding
7 148
9 255
-
-
total
7 148
9 255
-
-
Income
113 000
113 000
113 000
113 000
Total tax
24 595
19 426
41 501
21 121
After tax
88 405
93 574
71 499
91 879
Living cost
16 132
16 132
16 132
16 132
Free-cash
72 273
77 442
55 367
75 747

Estimated living cost  is ₽16132 per week

₽10292
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1163
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4196
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48171
₽42843
₽33740
₽30903
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
113 000
accident
-
-
-
848
income
-
-
-
23 069
pensions
-
-
-
26 650
other
-
-
-
94
unemployment
-
-
-
659
total
-
-
-
51 320
Employee
37 569
-
85 682
-
other
37
-
85
-
income
7 243
-
21 401
-
pensions
1 766
-
4 028
-
unemployment
582
-
1 328
-
total
9 628
-
26 842
-
Employer
37 569
-
85 682
-
accident
744
-
1 697
-
other
301
-
686
-
unemployment
2 067
-
4 712
-
pensions
8 866
-
20 220
-
total
11 978
-
27 315
-
Corporate
63 454
113 000
-
-
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.

9 517
16 950
-
-
total
9 517
16 950
-
-
Dividends
53 936
96 050
-
-
withholding
11 094
19 939
-
-
total
11 094
19 939
-
-
Income
113 000
113 000
113 000
113 000
Total tax
42 217
36 889
54 157
51 320
After tax
70 783
76 111
58 843
61 680
Living cost
27 940
27 940
27 940
27 940
Free-cash
42 843
48 171
30 903
33 740

Estimated living cost  is ₽27940 per week

₽18859
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2686
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5906
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67731
₽67275
₽69035
₽68838
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
113 000
income
-
-
-
37 684
pensions
-
-
-
2 029
health
-
-
-
1 471
total
-
-
-
41 184
Employee
4 236
-
110 718
-
health
212
-
507
-
income
820
-
37 577
-
pensions
381
-
913
-
unemployment
42
-
101
-
total
1 455
-
39 098
-
Employer
4 236
-
110 718
-
unemployment
85
-
203
-
pensions
466
-
1 116
-
health
402
-
964
-
total
953
-
2 283
-
Corporate
107 810
113 000
-
-
income
23 718
24 860
-
-
total
23 718
24 860
-
-
Dividends
84 092
88 140
-
-
withholding
16 818
17 628
-
-
total
16 818
17 628
-
-
Income
113 000
113 000
113 000
113 000
Total tax
42 944
42 488
41 381
41 184
After tax
70 056
70 512
71 619
71 816
Living cost
2 781
2 781
2 781
2 781
Free-cash
67 275
67 731
68 838
69 035

Estimated living cost  is ₽2781 per week

₽1653
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽225
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽64
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽839
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64084
₽59086
₽43608
₽43609
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
113 000
income
-
-
-
23 469
pensions
-
-
-
19 509
unemployment
-
-
-
1 126
health
-
-
-
7 729
total
-
-
-
51 833
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.

26 477
-
99 569
-
health
1 364
-
3 864
-
income
3 650
-
23 469
-
pensions
3 707
-
10 505
-
unemployment
199
-
563
-
total
8 920
-
38 401
-
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.

26 477
-
99 569
-
unemployment
199
-
563
-
pensions
3 177
-
9 004
-
health
1 364
-
3 864
-
total
4 740
-
13 431
-
Corporate
81 784
113 000
-
-
income
12 268
16 950
-
-
total
12 268
16 950
-
-
Dividends
69 516
96 050
-
-
withholding
10 427
14 407
-
-
total
10 427
14 407
-
-
Income
113 000
113 000
113 000
113 000
Total tax
36 355
31 357
51 832
51 833
After tax
76 645
81 643
61 168
61 167
Living cost
17 559
17 559
17 559
17 559
Free-cash
59 086
64 084
43 609
43 608

Estimated living cost  is ₽17559 per week

₽11822
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1358
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3870
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36883
₽36518
₽35257
₽28790
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
113 000
income
-
-
-
11 083
surtax
-
-
-
-
social contributions

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

-
-
-
39 268
total
-
-
-
50 351
Employee
39 435
-
91 312
-
social contributions
4 338
-
10 044
-
surtax
-
-
-
-
income
7 705
-
25 086
-
total
12 043
-
35 130
-
Employer
39 435
-
91 312
-
social contributions
9 365
-
21 688
-
total
9 365
-
21 688
-
Corporate
64 200
113 000
-
-
surtax
-
-
-
-
income
13 481
23 729
-
-
total
13 481
23 729
-
-
Dividends
50 719
89 271
-
-
withholding
14 201
24 996
-
-
total
14 201
24 996
-
-
Income
113 000
113 000
113 000
113 000
Total tax
49 090
48 725
56 818
50 351
After tax
63 910
64 275
56 182
62 649
Living cost
27 392
27 392
27 392
27 392
Free-cash
36 518
36 883
28 790
35 257

Estimated living cost  is ₽27392 per week

₽19401
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1903
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.
₽5603
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40403
₽32656
₽25972
₽23135
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
113 000
accident
-
-
-
848
income
-
-
-
23 069
pensions
-
-
-
26 650
other
-
-
-
94
unemployment
-
-
-
659
total
-
-
-
51 320
Employee
49 070
-
85 682
-
other
48
-
85
-
income
10 249
-
21 401
-
pensions
2 306
-
4 028
-
unemployment
760
-
1 328
-
total
13 363
-
26 842
-
Employer
49 070
-
85 682
-
accident
972
-
1 697
-
other
393
-
686
-
unemployment
2 699
-
4 712
-
pensions
11 580
-
20 220
-
total
15 644
-
27 315
-
Corporate
48 285
113 000
-
-
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.

7 242
16 950
-
-
total
7 242
16 950
-
-
Dividends
41 043
96 050
-
-
withholding
8 387
19 939
-
-
total
8 387
19 939
-
-
Income
113 000
113 000
113 000
113 000
Total tax
44 636
36 889
54 157
51 320
After tax
68 364
76 111
58 843
61 680
Living cost
35 708
35 708
35 708
35 708
Free-cash
32 656
40 403
23 135
25 972

Estimated living cost  is ₽35708 per week

₽25644
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2776
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6785
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79136
₽72944
₽69094
₽72816
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
113 000
income
-
-
-
16 950
pensions

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

-
-
-
5 253
unemployment
-
-
-
142
health
-
-
-
4 082
total
-
-
-
26 427
Employee
23 145
-
106 037
-
health
1 065
-
1 633
-
accident

We are using the highest rate at 1.1%.

254
-
390
-
income
2 315
-
10 603
-
pensions

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

2 032
-
3 116
-
total
5 666
-
15 742
-
Employer
23 145
-
106 037
-
accident

We are using the highest rate at 1.1%.

254
-
390
-
unemployment
139
-
213
-
pensions

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

2 551
-
3 911
-
health
1 597
-
2 449
-
total
4 541
-
6 963
-
Corporate
85 314
113 000
-
-
income
8 531
11 300
-
-
total
8 531
11 300
-
-
Dividends
76 783
101 700
-
-
withholding
3 839
5 085
-
-
total
3 839
5 085
-
-
Income
113 000
113 000
113 000
113 000
Total tax
22 577
16 385
22 705
26 427
After tax
90 423
96 615
90 295
86 573
Living cost
17 479
17 479
17 479
17 479
Free-cash
72 944
79 136
72 816
69 094

Estimated living cost  is ₽17479 per week

₽11561
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1001
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽417
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4502
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19036
₽32331
₽30224
₽39660
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
113 000
trade
-
-
-
9 436
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.

-
-
-
25 756
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.

-
-
-
6 941
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.

-
-
-
1 417
total
-
-
-
43 550
Employee

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

50 554
-
113 000
-
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.

6 941
-
6 941
-
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.

229
-
1 417
-
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.

4 157
-
25 756
-
total
11 327
-
34 114
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
62 446
113 000
-
-
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.

515
933
-
-
income
9 367
16 950
-
-
trade
8 962
16 216
-
-
chamber of commerce
245
320
-
-
total
19 089
34 419
-
-
Dividends
43 357
78 581
-
-
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.

575
1 059
-
-
withholding
10 452
19 260
-
-
total
11 027
20 319
-
-
Income
113 000
113 000
113 000
113 000
Total tax
41 443
54 738
34 114
43 550
After tax
71 557
58 262
78 886
69 450
Living cost
39 226
39 226
39 226
39 226
Free-cash
32 331
19 036
39 660
30 224

Estimated living cost  is ₽39226 per week

₽27059
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4221
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7377
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21222
₽23465
₽16426
₽16426
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
113 000
income
-
-
-
28 407
social contributions
-
-
-
10 289
total
-
-
-
38 696
Employee
79 477
-
113 000
-
income
14 997
-
28 407
-
social contributions
6 603
-
10 289
-
total
21 600
-
38 696
-
Employer
79 477
-
113 000
-
total
-
-
-
-
Corporate
33 523
113 000
-
-
income
4 190
14 125
-
-
total
4 190
14 125
-
-
Dividends
29 333
98 875
-
-
withholding
5 867
19 775
-
-
total
5 867
19 775
-
-
Income
113 000
113 000
113 000
113 000
Total tax
31 657
33 900
38 696
38 696
After tax
81 343
79 100
74 304
74 304
Living cost
57 878
57 878
57 878
57 878
Free-cash
23 465
21 222
16 426
16 426

Estimated living cost  is ₽57878 per week

₽44033
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4716
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8576
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31200
₽34750
₽40384
₽46284
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
113 000
income
-
-
-
28 922
health

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

-
-
-
6 812
total
-
-
-
35 734
Employee
46 610
-
108 326
-
income
5 057
-
20 486
-
social contributions
4 670
-
4 674
-
total
9 727
-
25 160
-
Employer
46 610
-
108 326
-
social contributions
4 670
-
4 674
-
total
4 670
-
4 674
-
Corporate
61 720
113 000
-
-
income
21 603
39 550
-
-
total
21 603
39 550
-
-
Dividends
40 118
73 450
-
-
social contributions
5 368
5 368
-
-
total
5 368
5 368
-
-
Income
113 000
113 000
113 000
113 000
Total tax
41 368
44 918
29 834
35 734
After tax
71 632
68 082
83 166
77 266
Living cost
36 882
36 882
36 882
36 882
Free-cash
34 750
31 200
46 284
40 384

Estimated living cost  is ₽36882 per week

₽24294
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2908
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9114
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43218
₽40901
₽41986
₽31727
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
113 000
income
-
-
-
25 160
pensions
-
-
-
7 860
total
-
-
-
33 020
Employee
52 152
-
99 333
-
health
680
-
1 647
-
income
9 497
-
18 321
-
pensions
3 981
-
9 644
-
total
14 158
-
29 612
-
Employer
52 152
-
99 333
-
pensions
5 269
-
11 779
-
health
991
-
1 888
-
total
6 260
-
13 667
-
Corporate
54 587
113 000
-
-
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.

10 371
21 470
-
-
total
10 371
21 470
-
-
Dividends
44 216
91 530
-
-
withholding
3 316
10 318
-
-
total
3 316
10 318
-
-
Income
113 000
113 000
113 000
113 000
Total tax
34 105
31 788
43 279
33 020
After tax
78 895
81 212
69 721
79 980
Living cost
37 994
37 994
37 994
37 994
Free-cash
40 901
43 218
31 727
41 986

Estimated living cost  is ₽37994 per week

₽26064
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3494
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7959
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽14877
₽5468
₽53450
₽35077
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
113 000
accident
-
-
-
255
income
-
-
-
28 494
pensions
-
-
-
4 197
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
35 520
Employee
37 800
-
97 855
-
health
4 328
-
11 204
-
income
5 186
-
19 848
-
pensions
4 256
-
7 696
-
total
13 770
-
38 748
-
Employer
37 800
-
97 855
-
accident
631
-
1 634
-
unemployment
926
-
2 397
-
pensions
6 146
-
11 114
-
total
7 703
-
15 145
-
Corporate
67 496
113 000
-
-
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.

60 747
101 700
-
-
total
60 747
101 700
-
-
Dividends
6 749
11 300
-
-
withholding
1 282
2 147
-
-
total
1 282
2 147
-
-
Income
113 000
113 000
113 000
113 000
Total tax
83 502
103 847
53 893
35 520
After tax
29 498
9 153
59 107
77 480
Living cost
24 030
24 030
24 030
24 030
Free-cash
5 468
-14 877
35 077
53 450

Estimated living cost  is ₽24030 per week

₽17635
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1400
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4510
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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

Close
Skopje , Macedonia
₽81395
₽77425
₽50591
₽59372
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
113 000
work injury
-
-
-
565
health insurance
-
-
-
8 362
income
-
-
-
17 639
pensions
-
-
-
20 792
unemployment
-
-
-
1 356
total
-
-
-
48 714
Employee

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

21 911
-
113 000
-
work injury
110
-
405
-
income
2 191
-
17 639
-
pensions
4 032
-
14 917
-
health insurance
1 621
-
5 999
-
unemployment
263
-
973
-
total
8 217
-
39 933
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
91 089
113 000
-
-
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%.

-
1 130
-
-
total
-
1 130
-
-
Dividends
91 089
111 870
-
-
withholding
13 663
16 780
-
-
total
13 663
16 780
-
-
Income
113 000
113 000
113 000
113 000
Total tax
21 880
17 910
39 933
48 714
After tax
91 120
95 090
73 067
64 286
Living cost
13 695
13 695
13 695
13 695
Free-cash
77 425
81 395
59 372
50 591

Estimated living cost  is ₽13695 per week

₽8484
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽995
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽427
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3788
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19043
₽14422
₽15541
₽10373
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
113 000
municipal
-
-
-
756
regional
-
-
-
2 361
national
-
-
-
24 800
social contributions
-
-
-
29 065
total
-
-
-
56 982
Employee
85 618
-
113 000
-
social contributions
28 870
-
38 104
-
regional
1 293
-
2 006
-
municipal
511
-
675
-
national
14 469
-
21 366
-
total
45 143
-
62 151
-
Employer
85 618
-
113 000
-
total
-
-
-
-
Corporate
27 382
113 000
-
-
nationa
6 571
27 121
-
-
municipal
1 321
5 447
-
-
total
7 892
32 568
-
-
Dividends
19 491
80 432
-
-
withholding
5 067
20 912
-
-
total
5 067
20 912
-
-
Income
113 000
113 000
113 000
113 000
Total tax
58 102
53 480
62 151
56 982
After tax
54 898
59 520
50 849
56 018
Living cost
40 476
40 476
40 476
40 476
Free-cash
14 422
19 043
10 373
15 541

Estimated living cost  is ₽40476 per week

₽28432
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2784
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽611
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8648
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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