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
₽ 114000
per

Your estimated
City
free-cash

Dresden , Germany
₽36340
₽46973
₽38374
₽27314
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
114 000
trade
-
-
-
10 633
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.

-
-
-
6 831
income

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

-
-
-
28 350
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.

-
-
-
1 560
total
-
-
-
47 374
Employee

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

38 244
-
114 000
-
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.

59
-
1 560
-
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.

1 068
-
28 350
-
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.

6 831
-
6 831
-
total
7 958
-
36 741
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
75 756
114 000
-
-
trade
11 931
17 956
-
-
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.

624
941
-
-
income
11 364
17 100
-
-
chamber of commerce
260
315
-
-
total
24 179
36 312
-
-
Dividends
51 577
77 688
-
-
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.

689
1 047
-
-
withholding
12 514
19 041
-
-
total
13 203
20 088
-
-
Income
114 000
114 000
114 000
114 000
Total tax
45 340
56 400
36 741
47 374
After tax
68 660
57 600
77 259
66 626
Living cost
30 286
30 286
30 286
30 286
Free-cash
38 374
27 314
46 973
36 340

Estimated living cost  is ₽30286 per week

₽19051
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3531
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.
₽7138
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17918
₽18813
₽19854
₽20694
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
114 000
social contributions
-
-
-
1 225
municipal
-
-
-
12 055
national
-
-
-
18 680
pensions
-
-
-
13 680
total
-
-
-
45 640
Employee
78 195
-
98 552
-
pensions
3 128
-
3 942
-
national
14 966
-
19 364
-
municipal
9 658
-
12 496
-
total
27 752
-
35 802
-
Employer
78 195
-
98 552
-
pensions
6 256
-
7 884
-
social contributions
841
-
1 059
-
total
7 097
-
8 943
-
Corporate
23 548
114 000
-
-
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%.

4 710
22 800
-
-
total
4 710
22 800
-
-
Dividends
18 839
91 200
-
-
withholding
4 145
20 064
-
-
total
4 145
20 064
-
-
Income
114 000
114 000
114 000
114 000
Total tax
43 704
42 864
44 745
45 640
After tax
70 296
71 136
69 255
68 360
Living cost
50 442
50 442
50 442
50 442
Free-cash
19 854
20 694
18 813
17 918

Estimated living cost  is ₽50442 per week

₽34285
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4689
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽755
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10713
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39894
₽43295
₽62195
₽70398
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
114 000
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.

-
-
-
36 652
income
-
-
-
16 652
microenterprise
-
-
-
-
surtax
-
-
-
-
total
-
-
-
53 304
Employee
29 217
-
91 868
-
income
5 201
-
17 667
-
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.

3 214
-
10 106
-
surtax
-
-
-
-
total
8 415
-
27 773
-
Employer
29 217
-
91 868
-
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.

7 038
-
22 130
-
surtax
-
-
-
-
total
7 038
-
22 130
-
Corporate
77 745
114 000
-
-
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%.

15 550
22 800
-
-
total
15 550
22 800
-
-
Dividends

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

62 195
91 200
-
-
total
-
-
-
-
Income
114 000
114 000
114 000
114 000
Total tax
31 003
22 800
49 903
53 304
After tax
82 997
91 200
64 097
60 696
Living cost
20 802
20 802
20 802
20 802
Free-cash
62 195
70 398
43 295
39 894

Estimated living cost  is ₽20802 per week

₽13271
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1981
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5078
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23191
₽17626
₽7502
₽13628
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
114 000
health
-
-
-
12 330
income
-
-
-
24 877
pensions
-
-
-
11 715
total
-
-
-
48 922
Employee
85 386
85 386
97 014
-
income

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

13 976
13 976
13 976
-
pensions
15 370
11 715
11 715
-
health
13 106
11 148
11 810
-
total
42 452
36 839
37 501
-
Employer
85 386
85 386
97 014
-
pensions
5 943
5 943
6 751
-
health
5 935
5 935
6 742
-
unemployment
3 074
3 074
3 493
-
total
14 952
14 952
16 986
-
Corporate
14 709
13 662
-
-
income
2 941
2 732
-
-
total
2 941
2 732
-
-
Dividends
11 768
10 929
-
-
withholding
1 765
1 639
-
-
income
2 501
2 323
-
-
total
4 266
3 962
-
-
Income
114 000
114 000
114 000
114 000
Total tax
64 611
58 485
54 487
48 922
After tax
49 389
55 515
59 513
65 078
Living cost
41 887
41 887
41 887
41 887
Free-cash
7 502
13 628
17 626
23 191

Estimated living cost  is ₽41887 per week

₽29684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3776
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽666
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7761
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22421
₽21384
₽22934
₽23796
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
114 000
other
-
-
-
9 792
unemployment
-
-
-
84
accident
-
-
-
168
municipal
-
-
-
26 715
health
-
-
-
5 258
national
-
-
-
2 005
pensions
-
-
-
9 109
total
-
-
-
53 131
Employee
54 785
-
87 524
-
national
-
-
1 592
-
municipal
16 337
-
26 100
-
total
16 337
-
27 692
-
Employer
54 785
-
87 524
-
pensions
5 922
-
9 109
-
other
6 366
-
9 792
-
accident
110
-
168
-
health
3 369
-
5 182
-
unemployment
1 446
-
2 225
-
total
17 213
-
26 476
-
Corporate
42 002
114 000
-
-
income
9 240
25 080
-
-
total
9 240
25 080
-
-
Dividends
32 761
88 920
-
-
withholding
9 828
26 676
-
-
total
9 828
26 676
-
-
Income
114 000
114 000
114 000
114 000
Total tax
52 618
51 756
54 168
53 131
After tax
61 382
62 244
59 832
60 869
Living cost
38 448
38 448
38 448
38 448
Free-cash
22 934
23 796
21 384
22 421

Estimated living cost  is ₽38448 per week

₽25482
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3773
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.
₽8610
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26873
₽37979
₽31782
₽17733
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
114 000
trade
-
-
-
11 106
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.

-
-
-
6 831
income

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

-
-
-
28 350
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.

-
-
-
1 560
total
-
-
-
47 847
Employee

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

50 706
-
114 000
-
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.

239
-
1 560
-
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.

4 357
-
28 350
-
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.

6 831
-
6 831
-
total
11 427
-
36 741
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
63 294
114 000
-
-
trade
10 411
18 753
-
-
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.

522
941
-
-
income
9 495
17 100
-
-
chamber of commerce
241
313
-
-
total
20 669
37 107
-
-
Dividends
42 624
76 893
-
-
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.

565
1 036
-
-
withholding
10 277
18 844
-
-
total
10 842
19 880
-
-
Income
114 000
114 000
114 000
114 000
Total tax
42 938
56 987
36 741
47 847
After tax
71 062
57 013
77 259
66 153
Living cost
39 280
39 280
39 280
39 280
Free-cash
31 782
17 733
37 979
26 873

Estimated living cost  is ₽39280 per week

₽26271
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4142
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽586
Clothing and shoes. We estimate one pair of shoes and 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

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
₽47651
₽46414
₽46788
₽50936
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
114 000
social contributions
-
-
-
16 178
health
-
-
-
2 907
income
-
-
-
14 833
total
-
-
-
33 918
Employee
76 887
76 887
103 496
-
income
8 074
7 117
14 301
-
social contributions
3 736
6 381
8 590
-
health
765
1 307
1 759
-
total
12 575
14 805
24 650
-
Employer
76 887
76 887
103 496
-
health
833
1 423
1 915
-
social contributions
3 736
6 381
8 590
-
total
4 569
7 804
10 505
-
Corporate
64 425
29 309
-
-
income
8 053
3 664
-
-
total
8 053
3 664
-
-
Dividends
56 372
25 645
-
-
withholding
9 584
4 360
-
-
total
9 584
4 360
-
-
Income
114 000
114 000
114 000
114 000
Total tax
34 781
30 633
35 155
33 918
After tax
79 219
83 367
78 845
80 082
Living cost
32 431
32 431
32 431
32 431
Free-cash
46 788
50 936
46 414
47 651

Estimated living cost  is ₽32431 per week

₽22170
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2533
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7184
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60737
₽47850
₽46314
₽45935
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
114 000
unemployment
-
-
-
1 710
health
-
-
-
7 980
income
-
-
-
13 937
pensions
-
-
-
11 400
total
-
-
-
35 027
Employee

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

The minimum wage is 138,000 HUF per month.

26 323
10 476
95 397
-
income
3 218
1 281
11 662
-
pensions
2 632
1 048
9 540
-
unemployment
395
157
1 431
-
health
1 843
733
6 678
-
total
8 088
3 219
29 311
-
Employer

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

The minimum wage is 138,000 HUF per month.

26 323
10 476
95 397
-
pensions
5 133
2 043
18 603
-
total
5 133
2 043
18 603
-
Corporate
82 544
101 481
-
-
income
7 429
9 133
-
-
total
7 429
9 133
-
-
Dividends
75 115
92 348
-
-
social contributions
14 528
17 888
-
-
withholding
14 272
17 546
-
-
total
28 800
35 434
-
-
Income
114 000
114 000
114 000
114 000
Total tax
49 450
49 829
47 914
35 027
After tax
64 550
64 171
66 086
78 973
Living cost
18 236
18 236
18 236
18 236
Free-cash
46 314
45 935
47 850
60 737

Estimated living cost  is ₽18236 per week

₽12444
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1492
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽364
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3935
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Budapest model

Close
Tallinn , Estonia
₽36953
₽41561
₽60838
₽67049
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
114 000
health
-
-
-
14 819
income
-
-
-
15 277
pensions
-
-
-
22 800
total
-
-
-
52 896
Employee
28 365
-
85 200
-
income
3 193
-
16 426
-
pensions
567
-
1 704
-
unemployment
453
-
1 362
-
total
4 213
-
19 492
-
Employer
28 365
-
85 200
-
pensions
5 673
-
17 039
-
health
3 687
-
11 076
-
unemployment
228
-
681
-
total
9 588
-
28 796
-
Corporate
76 047
114 000
-
-
income
15 210
22 800
-
-
total
15 210
22 800
-
-
Dividends
60 837
91 200
-
-
total
-
-
-
-
Income
114 000
114 000
114 000
114 000
Total tax
29 011
22 800
48 288
52 896
After tax
84 989
91 200
65 712
61 104
Living cost
24 151
24 151
24 151
24 151
Free-cash
60 838
67 049
41 561
36 953

Estimated living cost  is ₽24151 per week

₽16565
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1438
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.
₽5662
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56238
₽37849
₽5873
-₽12680
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
114 000
other
-
-
-
369
accident
-
-
-
252
health
-
-
-
2 172
income
-
-
-
28 910
pensions
-
-
-
4 145
total
-
-
-
35 848
Employee
34 472
-
98 949
-
income
4 729
-
20 257
-
pensions
3 882
-
7 599
-
health
3 947
-
11 330
-
total
12 558
-
39 186
-
Employer
34 472
-
98 949
-
pensions
5 605
-
10 974
-
accident
575
-
1 653
-
unemployment
845
-
2 424
-
total
7 025
-
15 051
-
Corporate
72 503
114 000
-
-
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.

65 253
102 600
-
-
total
65 253
102 600
-
-
Dividends
7 250
11 400
-
-
withholding
1 377
2 166
-
-
total
1 377
2 166
-
-
Income
114 000
114 000
114 000
114 000
Total tax
86 213
104 766
54 237
35 848
After tax
27 787
9 234
59 763
78 152
Living cost
21 914
21 914
21 914
21 914
Free-cash
5 873
-12 680
37 849
56 238

Estimated living cost  is ₽21914 per week

₽16061
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1214
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4182
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽103849
₽82189
₽97600
₽99289
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
114 000
microenterprise

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

-
-
-
1 140
total
-
-
-
1 140
Employee
11 263
-
114 000
-
income
2 252
-
22 800
-
total
2 252
-
22 800
-
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%.

102 737
114 000
-
-
total
-
-
-
-
Dividends
102 737
114 000
-
-
withholding
5 137
5 700
-
-
total
5 137
5 700
-
-
Income
114 000
114 000
114 000
114 000
Total tax
7 389
5 700
22 800
1 140
After tax
106 611
108 300
91 200
112 860
Living cost
9 011
9 011
9 011
9 011
Free-cash
97 600
99 289
82 189
103 849

Estimated living cost  is ₽9011 per week

₽5584
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽749
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽248
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2430
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Source of data for Batumi model

Close
Bratislava , Slovakia
₽34744
₽39458
₽50361
₽57114
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
114 000
other
-
-
-
5 415
health
-
-
-
5 017
income
-
-
-
14 821
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.

-
-
-
27 360
total
-
-
-
52 613
Employee
36 305
-
91 054
-
income
6 250
-
16 392
-
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.

2 541
-
6 374
-
unemployment
362
-
911
-
health
509
-
1 275
-
total
9 662
-
24 952
-
Employer
36 305
-
91 054
-
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.

6 172
-
15 480
-
other
1 816
-
4 552
-
accident
290
-
729
-
health
509
-
1 275
-
unemployment
362
-
911
-
total
9 149
-
22 947
-
Corporate
68 545
114 000
-
-
income
14 394
23 940
-
-
total
14 394
23 940
-
-
Dividends
54 151
90 060
-
-
withholding
3 791
6 303
-
-
total
3 791
6 303
-
-
Income
114 000
114 000
114 000
114 000
Total tax
36 996
30 243
47 899
52 613
After tax
77 004
83 757
66 101
61 387
Living cost
26 643
26 643
26 643
26 643
Free-cash
50 361
57 114
39 458
34 744

Estimated living cost  is ₽26643 per week

₽18825
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1799
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽429
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5590
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13086
₽2588
₽4350
₽14178
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
114 000
income
-
-
-
25 876
pensions
-
-
-
7 785
total
-
-
-
33 661
Employee
95 153
-
100 170
-
income
17 152
-
18 875
-
pensions
9 180
-
9 782
-
health
1 568
-
1 672
-
total
27 900
-
30 329
-
Employer
95 153
-
100 170
-
pensions
11 235
-
11 928
-
health
1 807
-
1 902
-
total
13 042
-
13 830
-
Corporate
5 805
114 000
-
-
income

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

1 103
21 659
-
-
total
1 103
21 659
-
-
Dividends
4 702
92 341
-
-
withholding
352
10 910
-
-
total
352
10 910
-
-
Income
114 000
114 000
114 000
114 000
Total tax
42 397
32 569
44 159
33 661
After tax
71 603
81 431
69 841
80 339
Living cost
67 253
67 253
67 253
67 253
Free-cash
4 350
14 178
2 588
13 086

Estimated living cost  is ₽67253 per week

₽50394
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7902
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8411
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽74469
₽78271
₽79719
₽84363
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
114 000
unemployment
-
-
-
140
health
-
-
-
4 016
income
-
-
-
17 100
pensions

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

-
-
-
5 168
total
-
-
-
26 424
Employee
17 356
-
107 149
-
income
1 735
-
10 715
-
pensions

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

1 524
-
3 066
-
health
798
-
1 606
-
accident

We are using the highest rate at 1.1%.

191
-
384
-
total
4 248
-
15 771
-
Employer
17 356
-
107 149
-
pensions

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

1 913
-
3 848
-
accident

We are using the highest rate at 1.1%.

191
-
384
-
health
1 198
-
2 409
-
unemployment
104
-
210
-
total
3 406
-
6 851
-
Corporate
93 238
114 000
-
-
income
9 324
11 400
-
-
total
9 324
11 400
-
-
Dividends
83 915
102 600
-
-
withholding
4 196
5 130
-
-
total
4 196
5 130
-
-
Income
114 000
114 000
114 000
114 000
Total tax
21 174
16 530
22 622
26 424
After tax
92 826
97 470
91 378
87 576
Living cost
13 107
13 107
13 107
13 107
Free-cash
79 719
84 363
78 271
74 469

Estimated living cost  is ₽13107 per week

₽7652
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽936
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽347
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4172
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Varna model

Close
Amsterdam , Netherlands
₽9633
₽4068
₽2587
₽70
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
114 000
health
-
-
-
12 330
income
-
-
-
24 877
pensions
-
-
-
11 715
total
-
-
-
48 922
Employee
92 702
85 386
97 014
-
income

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

13 976
13 976
13 976
-
pensions
11 715
11 715
11 715
-
health
11 565
11 148
11 810
-
total
37 256
36 839
37 501
-
Employer
92 702
85 386
97 014
-
pensions
6 451
5 943
6 751
-
health
6 442
5 935
6 742
-
unemployment
3 338
3 074
3 493
-
total
16 231
14 952
16 986
-
Corporate
5 067
13 662
-
-
income
1 013
2 732
-
-
total
1 013
2 732
-
-
Dividends
4 054
10 929
-
-
withholding
607
1 639
-
-
income
861
2 323
-
-
total
1 468
3 962
-
-
Income
114 000
114 000
114 000
114 000
Total tax
55 968
58 485
54 487
48 922
After tax
58 032
55 515
59 513
65 078
Living cost
55 445
55 445
55 445
55 445
Free-cash
2 587
70
4 068
9 633

Estimated living cost  is ₽55445 per week

₽40900
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4952
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽636
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8958
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31512
₽33838
₽45911
₽54477
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
114 000
social contributions
-
-
-
33 288
health
-
-
-
15 390
income
-
-
-
9 798
solidarity contribution
-
-
-
-
total
-
-
-
58 476
Employee
35 311
-
85 075
-
income
4 237
-
10 209
-
solidarity contribution
-
-
-
-
social contributions
2 295
-
5 530
-
health
4 767
-
11 485
-
total
11 299
-
27 224
-
Employer
35 311
-
85 075
-
health
3 178
-
7 657
-
social contributions
8 828
-
21 269
-
total
12 006
-
28 926
-
Corporate
66 683
114 000
-
-
income
12 670
21 660
-
-
total
12 670
21 660
-
-
Dividends
54 013
92 340
-
-
withholding
8 102
13 851
-
-
total
8 102
13 851
-
-
Income
114 000
114 000
114 000
114 000
Total tax
44 077
35 511
56 150
58 476
After tax
69 923
78 489
57 850
55 524
Living cost
24 012
24 012
24 012
24 012
Free-cash
45 911
54 477
33 838
31 512

Estimated living cost  is ₽24012 per week

₽16679
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1708
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5153
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15331
₽9907
₽13412
₽18631
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
114 000
social contributions
-
-
-
29 322
municipal
-
-
-
677
national
-
-
-
25 195
regional
-
-
-
1 283
total
-
-
-
56 477
Employee
88 864
-
114 000
-
national
15 398
-
21 730
-
social contributions
29 965
-
38 441
-
municipal
471
-
605
-
regional
838
-
1 125
-
total
46 672
-
61 901
-
Employer
88 864
-
114 000
-
total
-
-
-
-
Corporate
25 136
114 000
-
-
nationa
6 032
27 360
-
-
municipal
981
4 446
-
-
total
7 013
31 806
-
-
Dividends
18 123
82 195
-
-
withholding
4 711
21 371
-
-
total
4 711
21 371
-
-
Income
114 000
114 000
114 000
114 000
Total tax
58 396
53 177
61 901
56 477
After tax
55 604
60 823
52 099
57 523
Living cost
42 192
42 192
42 192
42 192
Free-cash
13 412
18 631
9 907
15 331

Estimated living cost  is ₽42192 per week

₽29411
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2767
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽647
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9366
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34519
₽32649
₽46531
₽49642
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
114 000
other
-
-
-
-
unemployment
-
-
-
228
health
-
-
-
8 095
income
-
-
-
23 254
surtax
-
-
-
3 040
pensions
-
-
-
22 800
total
-
-
-
57 417
Employee
33 066
-
94 177
-
income
5 543
-
21 481
-
pensions
2 205
-
6 283
-
unemployment
2 302
-
6 554
-
health
844
-
2 402
-
other
-
-
-
-
surtax
108
-
2 744
-
total
11 002
-
39 464
-
Employer
33 066
-
94 177
-
pensions
4 408
-
12 554
-
other
-
-
-
-
health
1 505
-
4 284
-
unemployment
1 047
-
2 985
-
total
6 960
-
19 823
-
Corporate
73 974
114 000
-
-
income
19 233
29 640
-
-
total
19 233
29 640
-
-
Dividends
54 742
84 360
-
-
withholding
8 210
12 654
-
-
total
8 210
12 654
-
-
Income
114 000
114 000
114 000
114 000
Total tax
45 405
42 294
59 287
57 417
After tax
68 595
71 706
54 713
56 583
Living cost
22 064
22 064
22 064
22 064
Free-cash
46 531
49 642
32 649
34 519

Estimated living cost  is ₽22064 per week

₽13491
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2036
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽509
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6028
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34393
₽23895
₽31557
₽35485
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
114 000
income
-
-
-
25 876
pensions
-
-
-
7 785
total
-
-
-
33 661
Employee
63 769
-
100 170
-
income
11 485
-
18 875
-
pensions
5 413
-
9 782
-
health
926
-
1 672
-
total
17 824
-
30 329
-
Employer
63 769
-
100 170
-
pensions
6 903
-
11 928
-
health
1 211
-
1 902
-
total
8 114
-
13 830
-
Corporate
42 116
114 000
-
-
income

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

8 001
21 659
-
-
total
8 001
21 659
-
-
Dividends
34 115
92 341
-
-
withholding
2 558
10 910
-
-
total
2 558
10 910
-
-
Income
114 000
114 000
114 000
114 000
Total tax
36 497
32 569
44 159
33 661
After tax
77 503
81 431
69 841
80 339
Living cost
45 946
45 946
45 946
45 946
Free-cash
31 557
35 485
23 895
34 393

Estimated living cost  is ₽45946 per week

₽34422
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3444
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7598
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽18900
₽13240
₽8886
-₽23453
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
114 000
other

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

-
-
-
2 281
health
-
-
-
256
city
-
-
-
1 202
national
-
-
-
967
regional
-
-
-
4 325
pensions
-
-
-
10 488
total
-
-
-
19 519
Employee
88 449
-
102 036
-
pensions
7 431
-
8 572
-
national
419
-
734
-
unemployment
-
-
-
-
city
949
-
1 097
-
health
200
-
229
-
regional
2 896
-
3 706
-
total
11 895
-
14 338
-
Employer
88 449
-
102 036
-
pensions
7 431
-
8 572
-
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.

1 768
-
2 040
-
health
200
-
229
-
unemployment
-
-
-
-
total
9 399
-
10 841
-
Corporate
15 179
114 000
-
-
regional
3 211
24 112
-
-
national
1 291
9 690
-
-
total
4 502
33 802
-
-
Dividends
10 678
80 198
-
-
withholding
3 737
28 070
-
-
total
3 737
28 070
-
-
Income
114 000
114 000
114 000
114 000
Total tax
29 533
61 872
25 179
19 519
After tax
84 467
52 128
88 821
94 481
Living cost
75 581
75 581
75 581
75 581
Free-cash
8 886
-23 453
13 240
18 900

Estimated living cost  is ₽75581 per week

₽49149
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6783
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽928
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18721
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽19876
₽31454
₽26838
₽10621
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
114 000
trade
-
-
-
11 578
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.

-
-
-
6 831
income

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

-
-
-
28 350
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.

-
-
-
1 560
total
-
-
-
48 319
Employee

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

60 091
-
114 000
-
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.

389
-
1 560
-
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.

7 066
-
28 350
-
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.

6 831
-
6 831
-
total
14 286
-
36 741
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
53 909
114 000
-
-
trade
9 244
19 552
-
-
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.

444
941
-
-
income
8 087
17 100
-
-
chamber of commerce
228
313
-
-
total
18 003
37 906
-
-
Dividends
35 905
76 094
-
-
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.

472
1 025
-
-
withholding
8 596
18 643
-
-
total
9 068
19 668
-
-
Income
114 000
114 000
114 000
114 000
Total tax
41 357
57 574
36 741
48 319
After tax
72 643
56 426
77 259
65 681
Living cost
45 805
45 805
45 805
45 805
Free-cash
26 838
10 621
31 454
19 876

Estimated living cost  is ₽45805 per week

₽33454
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3664
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.
₽8093
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31040
₽35316
₽29155
₽23249
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
114 000
other
-
-
-
3 533
social contributions
-
-
-
3 248
health
-
-
-
2 882
income
-
-
-
12 840
surtax
-
-
-
-
pensions
-
-
-
26 248
total
-
-
-
48 751
Employee
42 794
-
91 644
-
income
2 526
-
14 625
-
pensions
4 839
-
4 884
-
social contributions
1 220
-
2 611
-
surtax
-
-
-
-
total
8 585
-
22 120
-
Employer
42 794
-
91 644
-
pensions
7 030
-
8 490
-
other
1 476
-
3 161
-
health
2 996
-
6 718
-
unemployment
1 732
-
3 711
-
social contributions
129
-
275
-
total
13 363
-
22 355
-
Corporate
57 842
114 000
-
-
surtax
-
-
-
-
income
16 195
31 919
-
-
total
16 195
31 919
-
-
Dividends
41 647
82 081
-
-
surtax
-
-
-
-
social contributions
7 163
14 117
-
-
withholding
5 330
10 506
-
-
total
12 493
24 623
-
-
Income
114 000
114 000
114 000
114 000
Total tax
50 636
56 542
44 475
48 751
After tax
63 364
57 458
69 525
65 249
Living cost
34 209
34 209
34 209
34 209
Free-cash
29 155
23 249
35 316
31 040

Estimated living cost  is ₽34209 per week

₽21570
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2782
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽583
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9277
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34429
₽38705
₽32189
₽26638
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
114 000
other
-
-
-
3 533
social contributions
-
-
-
3 248
health
-
-
-
2 882
income
-
-
-
12 840
surtax
-
-
-
-
pensions
-
-
-
26 248
total
-
-
-
48 751
Employee
38 199
-
91 644
-
income
1 970
-
14 625
-
pensions
4 321
-
4 884
-
social contributions
1 089
-
2 611
-
surtax
-
-
-
-
total
7 380
-
22 120
-
Employer
38 199
-
91 644
-
pensions
6 277
-
8 490
-
other
1 319
-
3 161
-
health
2 674
-
6 718
-
unemployment
1 546
-
3 711
-
social contributions
114
-
275
-
total
11 930
-
22 355
-
Corporate
63 871
114 000
-
-
surtax
-
-
-
-
income
17 884
31 919
-
-
total
17 884
31 919
-
-
Dividends
45 988
82 081
-
-
surtax
-
-
-
-
social contributions
7 911
14 117
-
-
withholding
5 886
10 506
-
-
total
13 797
24 623
-
-
Income
114 000
114 000
114 000
114 000
Total tax
50 991
56 542
44 475
48 751
After tax
63 009
57 458
69 525
65 249
Living cost
30 820
30 820
30 820
30 820
Free-cash
32 189
26 638
38 705
34 429

Estimated living cost  is ₽30820 per week

₽17874
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3131
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.
₽9231
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52008
₽51482
₽48868
₽48349
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
114 000
social contributions
-
-
-
15 732
health
-
-
-
7 958
income
-
-
-
17 100
total
-
-
-
40 790
Employee
33 902
-
114 000
-
income
5 654
-
17 626
-
social contributions
4 679
-
15 732
-
health
2 366
-
7 958
-
total
12 699
-
41 316
-
Employer
33 902
-
114 000
-
total
-
-
-
-
Corporate
80 098
114 000
-
-
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%.

4 006
5 700
-
-
total
4 006
5 700
-
-
Dividends
76 092
108 300
-
-
social contributions
10 501
14 945
-
-
health
5 311
7 560
-
-
withholding
11 413
16 244
-
-
total
27 225
38 749
-
-
Income
114 000
114 000
114 000
114 000
Total tax
43 930
44 449
41 316
40 790
After tax
70 070
69 551
72 684
73 210
Living cost
21 202
21 202
21 202
21 202
Free-cash
48 868
48 349
51 482
52 008

Estimated living cost  is ₽21202 per week

₽14189
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1307
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5216
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21343
-₽2449
₽26891
₽28438
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
114 000
chamber of commerce
-
-
-
455
unemployment
-
-
-
6 133
health
-
-
-
8 721
income
-
-
-
20 829
surtax
-
-
-
197
pensions
-
-
-
21 090
total
-
-
-
57 425
Employee
49 970
39 847
88 373
-
income
5 689
2 939
18 442
-
pensions
5 117
4 080
9 049
-
unemployment
1 499
1 195
2 651
-
health
1 934
1 543
3 419
-
other
499
398
884
-
total
14 738
10 155
34 445
-
Employer
49 970
39 847
88 373
-
pensions
6 271
5 002
11 091
-
other
2 374
1 892
4 197
-
accident
649
518
1 148
-
health
1 888
1 507
3 340
-
payroll
1 499
1 195
2 651
-
chamber of commerce
199
159
353
-
unemployment
1 499
1 195
2 651
-
surtax
197
197
197
-
total
14 576
11 665
25 628
-
Corporate
49 454
62 487
84 578
-
income

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

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

12 364
15 622
21 144
-
total
12 364
15 622
21 144
-
Dividends
37 090
46 865
-
-
withholding
10 199
12 888
-
-
total
10 199
12 888
-
-
Income
114 000
114 000
114 000
114 000
Total tax
51 877
50 330
81 217
57 425
After tax
62 123
63 670
32 783
56 575
Living cost
35 232
35 232
35 232
35 232
Free-cash
26 891
28 438
-2 449
21 343

Estimated living cost  is ₽35232 per week

₽23498
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3006
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽579
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8150
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15464
₽7149
₽12431
₽27429
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
114 000
social contributions
-
-
-
18 338
communal

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

-
-
-
5 740
national
-
-
-
38 001
total
-
-
-
62 079
Employee

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

71 523
-
88 295
-
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.

5 364
-
6 622
-
national
21 989
-
28 548
-
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.

622
-
768
-
communal

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

3 730
-
4 605
-
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.

3 360
-
4 150
-
total
35 065
-
44 693
-
Employer

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

71 523
-
88 295
-
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.

6 338
-
7 823
-
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.

930
-
1 148
-
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.

4 398
-
5 431
-
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.

1 044
-
1 288
-
surtax
8 110
-
10 011
-
total
20 820
-
25 701
-
Corporate
21 658
114 000
-
-
surtax
87
455
-
-
income
4 332
22 800
-
-
total
4 419
23 255
-
-
Dividends
17 239
90 745
-
-
withholding

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

4 808
26 859
-
-
total
4 808
26 859
-
-
Income
114 000
114 000
114 000
114 000
Total tax
65 112
50 114
70 394
62 079
After tax
48 888
63 886
43 606
51 921
Living cost
36 457
36 457
36 457
36 457
Free-cash
12 431
27 429
7 149
15 464

Estimated living cost  is ₽36457 per week

₽23483
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3188
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9216
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26350
₽23046
₽32702
₽40627
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
114 000
other
-
-
-
93
unemployment
-
-
-
649
accident
-
-
-
835
income
-
-
-
23 736
pensions
-
-
-
26 227
total
-
-
-
51 540
Employee
49 772
-
86 443
-
income
10 502
-
21 797
-
pensions
2 340
-
4 062
-
unemployment
772
-
1 340
-
other
49
-
87
-
total
13 663
-
27 286
-
Employer
49 772
-
86 443
-
pensions
11 745
-
20 400
-
other
397
-
691
-
accident
985
-
1 712
-
unemployment
2 738
-
4 755
-
total
15 865
-
27 558
-
Corporate
48 363
114 000
-
-
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.

7 254
17 100
-
-
total
7 254
17 100
-
-
Dividends
41 109
96 900
-
-
withholding
8 406
20 163
-
-
total
8 406
20 163
-
-
Income
114 000
114 000
114 000
114 000
Total tax
45 188
37 263
54 844
51 540
After tax
68 812
76 737
59 156
62 460
Living cost
36 110
36 110
36 110
36 110
Free-cash
32 702
40 627
23 046
26 350

Estimated living cost  is ₽36110 per week

₽26591
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2562
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6436
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Barcelona model

Close
Luxembourg , Luxembourg
₽8864
₽13526
₽7420
₽14908
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
114 000
accident
-
-
-
962
health
-
-
-
8 009
income
-
-
-
11 884
communal
-
-
-
7 205
surtax
-
-
-
5 651
pensions
-
-
-
17 087
total
-
-
-
50 798
Employee
75 721
-
101 831
-
income
7 314
-
15 050
-
pensions
6 057
-
8 146
-
health
3 370
-
4 531
-
surtax
4 641
-
6 241
-
total
21 382
-
33 968
-
Employer
75 721
-
101 831
-
pensions
6 057
-
8 146
-
accident
681
-
916
-
health
2 309
-
3 106
-
total
9 047
-
12 168
-
Corporate
29 232
114 000
-
-
communal
-
7 694
-
-
surtax
307
1 197
-
-
income
4 385
17 100
-
-
total
4 692
25 991
-
-
Dividends
24 540
88 008
-
-
withholding
3 681
13 201
-
-
income
13 440
5 562
-
-
total
17 121
18 763
-
-
Income
114 000
114 000
114 000
114 000
Total tax
52 242
44 754
46 136
50 798
After tax
61 758
69 246
67 864
63 202
Living cost
54 338
54 338
54 338
54 338
Free-cash
7 420
14 908
13 526
8 864

Estimated living cost  is ₽54338 per week

₽40762
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3292
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.
₽9707
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34124
₽32254
₽46068
₽49247
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
114 000
other
-
-
-
-
unemployment
-
-
-
228
health
-
-
-
8 095
income
-
-
-
23 254
surtax
-
-
-
3 040
pensions
-
-
-
22 800
total
-
-
-
57 417
Employee
33 673
-
94 177
-
income
5 645
-
21 481
-
pensions
2 247
-
6 283
-
unemployment
2 343
-
6 554
-
health
860
-
2 402
-
other
-
-
-
-
surtax
120
-
2 744
-
total
11 215
-
39 464
-
Employer
33 673
-
94 177
-
pensions
4 489
-
12 554
-
other
-
-
-
-
health
1 531
-
4 284
-
unemployment
1 068
-
2 985
-
total
7 088
-
19 823
-
Corporate
73 238
114 000
-
-
income
19 041
29 640
-
-
total
19 041
29 640
-
-
Dividends
54 197
84 360
-
-
withholding
8 129
12 654
-
-
total
8 129
12 654
-
-
Income
114 000
114 000
114 000
114 000
Total tax
45 473
42 294
59 287
57 417
After tax
68 527
71 706
54 713
56 583
Living cost
22 459
22 459
22 459
22 459
Free-cash
46 068
49 247
32 254
34 124

Estimated living cost  is ₽22459 per week

₽13559
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1953
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6427
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30151
₽24755
₽30766
₽32987
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
114 000
social contributions
-
-
-
29 322
municipal
-
-
-
677
national
-
-
-
25 195
regional
-
-
-
1 720
total
-
-
-
56 914
Employee
55 465
-
114 000
-
national
8 787
-
21 730
-
social contributions
18 703
-
38 441
-
municipal
294
-
605
-
regional
747
-
1 534
-
total
28 531
-
62 310
-
Employer
55 465
-
114 000
-
total
-
-
-
-
Corporate
58 535
114 000
-
-
nationa
14 049
27 360
-
-
municipal
2 909
5 666
-
-
total
16 958
33 026
-
-
Dividends
41 577
80 974
-
-
withholding
10 810
21 052
-
-
total
10 810
21 052
-
-
Income
114 000
114 000
114 000
114 000
Total tax
56 299
54 078
62 310
56 914
After tax
57 701
59 922
51 690
57 086
Living cost
26 935
26 935
26 935
26 935
Free-cash
30 766
32 987
24 755
30 151

Estimated living cost  is ₽26935 per week

₽16751
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2729
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6994
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25935
₽28261
₽38344
₽48900
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
114 000
social contributions
-
-
-
33 288
health
-
-
-
15 390
income
-
-
-
9 798
solidarity contribution
-
-
-
-
total
-
-
-
58 476
Employee
43 513
-
85 075
-
income
5 222
-
10 209
-
solidarity contribution
-
-
-
-
social contributions
2 828
-
5 530
-
health
5 874
-
11 485
-
total
13 924
-
27 224
-
Employer
43 513
-
85 075
-
health
3 916
-
7 657
-
social contributions
10 878
-
21 269
-
total
14 794
-
28 926
-
Corporate
55 693
114 000
-
-
income
10 582
21 660
-
-
total
10 582
21 660
-
-
Dividends
45 111
92 340
-
-
withholding
6 767
13 851
-
-
total
6 767
13 851
-
-
Income
114 000
114 000
114 000
114 000
Total tax
46 067
35 511
56 150
58 476
After tax
67 933
78 489
57 850
55 524
Living cost
29 589
29 589
29 589
29 589
Free-cash
38 344
48 900
28 261
25 935

Estimated living cost  is ₽29589 per week

₽22004
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1639
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5434
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24872
₽923
₽31382
₽31877
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
114 000
chamber of commerce
-
-
-
455
unemployment
-
-
-
6 133
health
-
-
-
8 721
income
-
-
-
20 829
surtax
-
-
-
-
pensions
-
-
-
21 090
total
-
-
-
57 228
Employee
43 708
39 847
88 517
-
income
3 894
2 939
18 491
-
pensions
4 476
4 080
9 064
-
unemployment
1 311
1 195
2 655
-
health
1 691
1 543
3 425
-
other
436
398
884
-
total
11 808
10 155
34 519
-
Employer
43 708
39 847
88 517
-
pensions
5 486
5 002
11 110
-
other
2 076
1 892
4 205
-
accident
567
518
1 150
-
health
1 653
1 507
3 345
-
payroll
1 311
1 195
2 655
-
chamber of commerce
175
159
355
-
unemployment
1 311
1 195
2 655
-
surtax
-
-
-
-
total
12 579
11 468
25 475
-
Corporate
57 714
62 685
84 731
-
income

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

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

14 428
15 671
21 183
-
total
14 428
15 671
21 183
-
Dividends
43 285
47 013
-
-
withholding
11 903
12 929
-
-
total
11 903
12 929
-
-
Income
114 000
114 000
114 000
114 000
Total tax
50 718
50 223
81 177
57 228
After tax
63 282
63 777
32 823
56 772
Living cost
31 900
31 900
31 900
31 900
Free-cash
31 382
31 877
923
24 872

Estimated living cost  is ₽31900 per week

₽19136
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3258
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.
₽8937
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98819
₽77159
₽91625
₽94259
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
114 000
microenterprise

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

-
-
-
1 140
total
-
-
-
1 140
Employee
17 552
-
114 000
-
income
3 511
-
22 800
-
total
3 511
-
22 800
-
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%.

96 448
114 000
-
-
total
-
-
-
-
Dividends
96 448
114 000
-
-
withholding
4 823
5 700
-
-
total
4 823
5 700
-
-
Income
114 000
114 000
114 000
114 000
Total tax
8 334
5 700
22 800
1 140
After tax
105 666
108 300
91 200
112 860
Living cost
14 041
14 041
14 041
14 041
Free-cash
91 625
94 259
77 159
98 819

Estimated living cost  is ₽14041 per week

₽9502
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽589
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3479
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Source of data for Tbilisi model

Close
Ljubljana , Slovenia
₽31547
₽28279
₽43305
₽51669
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
114 000
unemployment
-
-
-
171
health
-
-
-
11 218
income
-
-
-
23 426
pensions
-
-
-
20 819
total
-
-
-
55 634
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.

44 215
-
98 642
-
income
7 625
-
21 743
-
pensions
6 854
-
15 290
-
unemployment
63
-
139
-
health
2 856
-
6 372
-
total
17 398
-
43 544
-
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.

44 215
-
98 642
-
pensions
3 913
-
8 730
-
health
2 945
-
6 569
-
unemployment
27
-
59
-
total
6 885
-
15 358
-
Corporate
62 901
114 000
-
-
income
11 950
21 660
-
-
total
11 950
21 660
-
-
Dividends
50 950
92 340
-
-
withholding
7 643
13 852
-
-
total
7 643
13 852
-
-
Income
114 000
114 000
114 000
114 000
Total tax
43 876
35 512
58 902
55 634
After tax
70 124
78 488
55 098
58 366
Living cost
26 819
26 819
26 819
26 819
Free-cash
43 305
51 669
28 279
31 547

Estimated living cost  is ₽26819 per week

₽18406
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1719
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6176
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35743
₽57838
-₽34730
₽26318
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
114 000
social contributions
-
-
-
12 996
income
-
-
-
22 221
total
-
-
-
35 217
Employee
61 714
-
-
-
income
13 613
-
-
-
social contributions
5 061
-
721
-
total
18 674
-
721
-
Employer
61 714
-
-
-
social contributions
87 016
-
12 401
-
total
87 016
-
12 401
-
Corporate
-
114 000
-
-
income
-
25 080
-
-
total
-
25 080
-
-
Dividends
-
88 920
-
-
income
-
19 562
-
-
total
-
19 562
-
-
Income
114 000
114 000
114 000
114 000
Total tax
105 690
44 642
13 122
35 217
After tax
8 310
69 358
100 878
78 783
Living cost
43 040
43 040
43 040
43 040
Free-cash
-34 730
26 318
57 838
35 743

Estimated living cost  is ₽43040 per week

₽27926
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4048
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10517
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31722
₽25034
₽32473
₽33480
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
114 000
social contributions

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

-
-
-
39 615
income
-
-
-
11 300
surtax
-
-
-
-
total
-
-
-
50 915
Employee
45 987
-
92 120
-
income
9 565
-
25 592
-
social contributions
5 059
-
10 133
-
surtax
-
-
-
-
total
14 624
-
35 725
-
Employer
45 987
-
92 120
-
social contributions
10 922
-
21 878
-
total
10 922
-
21 878
-
Corporate
57 091
114 000
-
-
surtax
-
-
-
-
income
11 988
23 940
-
-
total
11 988
23 940
-
-
Dividends
45 103
90 060
-
-
withholding
12 630
25 217
-
-
total
12 630
25 217
-
-
Income
114 000
114 000
114 000
114 000
Total tax
50 164
49 157
57 603
50 915
After tax
63 836
64 843
56 397
63 085
Living cost
31 363
31 363
31 363
31 363
Free-cash
32 473
33 480
25 034
31 722

Estimated living cost  is ₽31363 per week

₽23466
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1850
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5524
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16956
₽21232
₽16037
₽9165
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
114 000
other
-
-
-
3 533
social contributions
-
-
-
3 248
health
-
-
-
2 882
income
-
-
-
12 840
surtax
-
-
-
-
pensions
-
-
-
26 248
total
-
-
-
48 751
Employee
62 625
-
91 644
-
income
5 464
-
14 625
-
pensions
7 083
-
4 884
-
social contributions
1 784
-
2 611
-
surtax
-
-
-
-
total
14 331
-
22 120
-
Employer
62 625
-
91 644
-
pensions
10 290
-
8 490
-
other
2 161
-
3 161
-
health
4 383
-
6 718
-
unemployment
2 537
-
3 711
-
social contributions
188
-
275
-
total
19 559
-
22 355
-
Corporate
31 816
114 000
-
-
surtax
-
-
-
-
income
8 909
31 919
-
-
total
8 909
31 919
-
-
Dividends
22 907
82 081
-
-
surtax
-
-
-
-
social contributions
3 939
14 117
-
-
withholding
2 932
10 506
-
-
total
6 871
24 623
-
-
Income
114 000
114 000
114 000
114 000
Total tax
49 670
56 542
44 475
48 751
After tax
64 330
57 458
69 525
65 249
Living cost
48 293
48 293
48 293
48 293
Free-cash
16 037
9 165
21 232
16 956

Estimated living cost  is ₽48293 per week

₽32684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3951
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽662
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10996
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56043
₽59074
₽69185
₽72544
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
114 000
social contributions
-
-
-
25 081
income
-
-
-
2 820
total
-
-
-
27 901
Employee
32 145
-
98 701
-
social contributions
2 089
-
6 417
-
income
-
-
3 156
-
total
2 089
-
9 573
-
Employer
32 145
-
98 701
-
social contributions
4 983
-
15 297
-
total
4 983
-
15 297
-
Corporate
76 872
114 000
-
-
income
7 687
11 400
-
-
total
7 687
11 400
-
-
Dividends
69 185
102 600
-
-
total
-
-
-
-
Income
114 000
114 000
114 000
114 000
Total tax
14 759
11 400
24 870
27 901
After tax
99 241
102 600
89 130
86 099
Living cost
30 056
30 056
30 056
30 056
Free-cash
69 185
72 544
59 074
56 043

Estimated living cost  is ₽30056 per week

₽19434
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2266
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.
₽7791
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21708
-₽103924
-₽103924
-₽103924
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
114 000
municipal
-
-
-
21 900
national
-
-
-
12 304
labour market
-
-
-
9 051
pensions
-
-
-
867
total
-
-
-
44 122
Employee
203 314
203 314
203 314
-
labour market
16 242
16 242
16 242
-
pensions
289
289
289
-
national
24 839
24 839
24 839
-
municipal
43 295
43 295
43 295
-
total
84 665
84 665
84 665
-
Employer
203 314
203 314
203 314
-
pensions
578
578
578
-
municipal
43 364
43 364
43 364
-
national
24 882
24 882
24 882
-
labour market
16 265
16 265
16 265
-
total
85 089
85 089
85 089
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
114 000
114 000
114 000
114 000
Total tax
169 754
169 754
169 754
44 122
After tax
-55 754
-55 754
-55 754
69 878
Living cost
48 170
48 170
48 170
48 170
Free-cash
-103 924
-103 924
-103 924
21 708

Estimated living cost  is ₽48170 per week

₽32968
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4261
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽741
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10200
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56561
₽38172
₽5922
-₽12357
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
114 000
other
-
-
-
369
accident
-
-
-
252
health
-
-
-
2 172
income
-
-
-
28 910
pensions
-
-
-
4 145
total
-
-
-
35 848
Employee
33 964
-
98 949
-
income
4 659
-
20 257
-
pensions
3 825
-
7 599
-
health
3 889
-
11 330
-
total
12 373
-
39 186
-
Employer
33 964
-
98 949
-
pensions
5 522
-
10 974
-
accident
567
-
1 653
-
unemployment
832
-
2 424
-
total
6 921
-
15 051
-
Corporate
73 115
114 000
-
-
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.

65 804
102 600
-
-
total
65 804
102 600
-
-
Dividends
7 311
11 400
-
-
withholding
1 389
2 166
-
-
total
1 389
2 166
-
-
Income
114 000
114 000
114 000
114 000
Total tax
86 487
104 766
54 237
35 848
After tax
27 513
9 234
59 763
78 152
Living cost
21 591
21 591
21 591
21 591
Free-cash
5 922
-12 357
38 172
56 561

Estimated living cost  is ₽21591 per week

₽15716
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1231
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽405
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4239
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40997
₽25364
₽35617
₽36340
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
114 000
municipal
-
-
-
20 278
health
-
-
-
1 338
national
-
-
-
12 999
total
-
-
-
34 615
Employee
52 606
-
95 902
-
pensions
3 550
-
6 474
-
national
869
-
7 532
-
municipal
8 616
-
15 647
-
unemployment
789
-
1 438
-
health
393
-
1 059
-
total
14 217
-
32 150
-
Employer
52 606
-
95 902
-
pensions
9 127
-
16 639
-
accident
53
-
97
-
health
404
-
738
-
unemployment
342
-
624
-
total
9 926
-
18 098
-
Corporate
51 468
114 000
-
-
income
10 294
22 800
-
-
total
10 294
22 800
-
-
Dividends

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

30 881
68 400
-
-
municipal
5 558
12 313
-
-
national
-
4 159
-
-
total
5 558
16 472
-
-
Income
114 000
114 000
114 000
114 000
Total tax
39 995
39 272
50 248
34 615
After tax
74 005
74 728
63 752
79 385
Living cost
38 388
38 388
38 388
38 388
Free-cash
35 617
36 340
25 364
40 997

Estimated living cost  is ₽38388 per week

₽25075
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3692
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽9011
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

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
₽56932
₽55695
₽54774
₽60217
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
114 000
social contributions
-
-
-
16 178
health
-
-
-
2 907
income
-
-
-
14 833
total
-
-
-
33 918
Employee
76 887
76 887
103 496
-
income
8 372
7 117
14 301
-
social contributions
2 907
6 381
8 590
-
health
596
1 307
1 759
-
total
11 875
14 805
24 650
-
Employer
76 887
76 887
103 496
-
health
647
1 423
1 915
-
social contributions
2 907
6 381
8 590
-
total
3 554
7 804
10 505
-
Corporate
75 421
29 309
-
-
income
9 429
3 664
-
-
total
9 429
3 664
-
-
Dividends
65 993
25 645
-
-
withholding
11 218
4 360
-
-
total
11 218
4 360
-
-
Income
114 000
114 000
114 000
114 000
Total tax
36 076
30 633
35 155
33 918
After tax
77 924
83 367
78 845
80 082
Living cost
23 150
23 150
23 150
23 150
Free-cash
54 774
60 217
55 695
56 932

Estimated living cost  is ₽23150 per week

₽13874
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2271
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6493
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77034
₽56977
₽73439
₽78528
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
114 000
unemployment
-
-
-
28
health
-
-
-
3 618
income
-
-
-
11 085
pensions
-
-
-
6 360
total
-
-
-
21 091
Employee

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

22 951
-
104 228
-
income
1 569
-
8 607
-
pensions
3 442
-
14 231
-
unemployment
114
-
474
-
health
1 951
-
8 064
-
total
7 076
-
31 376
-
Employer

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

22 951
-
104 228
-
pensions
1 262
-
5 218
-
health
987
-
4 080
-
unemployment
114
-
474
-
total
2 363
-
9 772
-
Corporate
88 687
114 000
-
-
income
7 983
10 260
-
-
total
7 983
10 260
-
-
Dividends
80 704
103 740
-
-
withholding
7 264
9 337
-
-
total
7 264
9 337
-
-
Income
114 000
114 000
114 000
114 000
Total tax
24 686
19 597
41 148
21 091
After tax
89 314
94 403
72 852
92 909
Living cost
15 875
15 875
15 875
15 875
Free-cash
73 439
78 528
56 977
77 034

Estimated living cost  is ₽15875 per week

₽10129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1144
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4129
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34964
₽31660
₽44040
₽49241
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
114 000
other
-
-
-
93
unemployment
-
-
-
649
accident
-
-
-
835
income
-
-
-
23 736
pensions
-
-
-
26 227
total
-
-
-
51 540
Employee
36 972
-
86 443
-
income
7 128
-
21 797
-
pensions
1 738
-
4 062
-
unemployment
573
-
1 340
-
other
36
-
87
-
total
9 475
-
27 286
-
Employer
36 972
-
86 443
-
pensions
8 725
-
20 400
-
other
296
-
691
-
accident
732
-
1 712
-
unemployment
2 034
-
4 755
-
total
11 787
-
27 558
-
Corporate
65 241
114 000
-
-
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.

9 785
17 100
-
-
total
9 785
17 100
-
-
Dividends
55 456
96 900
-
-
withholding
11 417
20 163
-
-
total
11 417
20 163
-
-
Income
114 000
114 000
114 000
114 000
Total tax
42 464
37 263
54 844
51 540
After tax
71 536
76 737
59 156
62 460
Living cost
27 496
27 496
27 496
27 496
Free-cash
44 040
49 241
31 660
34 964

Estimated living cost  is ₽27496 per week

₽18559
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2643
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽482
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5812
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69754
₽69558
₽67948
₽68398
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
114 000
health
-
-
-
1 448
income
-
-
-
38 063
pensions
-
-
-
1 997
total
-
-
-
41 508
Employee
4 171
-
111 753
-
income
807
-
37 958
-
pensions
375
-
899
-
unemployment
42
-
100
-
health
209
-
499
-
total
1 433
-
39 456
-
Employer
4 171
-
111 753
-
pensions
459
-
1 099
-
health
396
-
949
-
unemployment
83
-
200
-
total
938
-
2 248
-
Corporate
108 891
114 000
-
-
income
23 956
25 080
-
-
total
23 956
25 080
-
-
Dividends
84 935
88 920
-
-
withholding
16 987
17 784
-
-
total
16 987
17 784
-
-
Income
114 000
114 000
114 000
114 000
Total tax
43 314
42 864
41 704
41 508
After tax
70 686
71 136
72 296
72 492
Living cost
2 738
2 738
2 738
2 738
Free-cash
67 948
68 398
69 558
69 754

Estimated living cost  is ₽2738 per week

₽1627
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽222
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽63
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽826
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44711
₽44711
₽60152
₽65072
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
114 000
unemployment
-
-
-
1 108
health
-
-
-
7 612
income
-
-
-
24 062
pensions
-
-
-
19 214
total
-
-
-
51 996
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.

26 076
-
100 772
-
income
3 594
-
24 062
-
pensions
3 651
-
10 346
-
unemployment
196
-
554
-
health
1 343
-
3 806
-
total
8 784
-
38 768
-
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.

26 076
-
100 772
-
pensions
3 129
-
8 868
-
health
1 343
-
3 806
-
unemployment
196
-
554
-
total
4 668
-
13 228
-
Corporate
83 256
114 000
-
-
income
12 488
17 100
-
-
total
12 488
17 100
-
-
Dividends
70 768
96 900
-
-
withholding
10 615
14 535
-
-
total
10 615
14 535
-
-
Income
114 000
114 000
114 000
114 000
Total tax
36 555
31 635
51 996
51 996
After tax
77 445
82 365
62 004
62 004
Living cost
17 293
17 293
17 293
17 293
Free-cash
60 152
65 072
44 711
44 711

Estimated living cost  is ₽17293 per week

₽11643
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1338
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3811
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36129
₽29441
₽37528
₽37887
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
114 000
social contributions

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

-
-
-
39 615
income
-
-
-
11 300
surtax
-
-
-
-
total
-
-
-
50 915
Employee
38 808
-
92 120
-
income
7 583
-
25 592
-
social contributions
4 269
-
10 133
-
surtax
-
-
-
-
total
11 852
-
35 725
-
Employer
38 808
-
92 120
-
social contributions
9 216
-
21 878
-
total
9 216
-
21 878
-
Corporate
65 976
114 000
-
-
surtax
-
-
-
-
income
13 855
23 940
-
-
total
13 855
23 940
-
-
Dividends
52 121
90 060
-
-
withholding
14 593
25 217
-
-
total
14 593
25 217
-
-
Income
114 000
114 000
114 000
114 000
Total tax
49 516
49 157
57 603
50 915
After tax
64 484
64 843
56 397
63 085
Living cost
26 956
26 956
26 956
26 956
Free-cash
37 528
37 887
29 441
36 129

Estimated living cost  is ₽26956 per week

₽19092
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1873
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5514
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27320
₽24016
₽34016
₽41597
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
114 000
other
-
-
-
93
unemployment
-
-
-
649
accident
-
-
-
835
income
-
-
-
23 736
pensions
-
-
-
26 227
total
-
-
-
51 540
Employee
48 290
-
86 443
-
income
10 086
-
21 797
-
pensions
2 269
-
4 062
-
unemployment
748
-
1 340
-
other
47
-
87
-
total
13 150
-
27 286
-
Employer
48 290
-
86 443
-
pensions
11 396
-
20 400
-
other
387
-
691
-
accident
956
-
1 712
-
unemployment
2 656
-
4 755
-
total
15 395
-
27 558
-
Corporate
50 314
114 000
-
-
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.

7 546
17 100
-
-
total
7 546
17 100
-
-
Dividends
42 768
96 900
-
-
withholding
8 753
20 163
-
-
total
8 753
20 163
-
-
Income
114 000
114 000
114 000
114 000
Total tax
44 844
37 263
54 844
51 540
After tax
69 156
76 737
59 156
62 460
Living cost
35 140
35 140
35 140
35 140
Free-cash
34 016
41 597
24 016
27 320

Estimated living cost  is ₽35140 per week

₽25236
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2732
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6677
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70379
₽74181
₽74181
₽80273
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
114 000
unemployment
-
-
-
140
health
-
-
-
4 016
income
-
-
-
17 100
pensions

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

-
-
-
5 168
total
-
-
-
26 424
Employee
22 772
-
107 149
-
income
2 278
-
10 715
-
pensions

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

1 999
-
3 066
-
health
1 048
-
1 606
-
accident

We are using the highest rate at 1.1%.

250
-
384
-
total
5 575
-
15 771
-
Employer
22 772
-
107 149
-
pensions

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

2 509
-
3 848
-
accident

We are using the highest rate at 1.1%.

250
-
384
-
health
1 571
-
2 409
-
unemployment
137
-
210
-
total
4 467
-
6 851
-
Corporate
86 760
114 000
-
-
income
8 676
11 400
-
-
total
8 676
11 400
-
-
Dividends
78 085
102 600
-
-
withholding
3 904
5 130
-
-
total
3 904
5 130
-
-
Income
114 000
114 000
114 000
114 000
Total tax
22 622
16 530
22 622
26 424
After tax
91 378
97 470
91 378
87 576
Living cost
17 197
17 197
17 197
17 197
Free-cash
74 181
80 273
74 181
70 379

Estimated living cost  is ₽17197 per week

₽11374
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽985
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.
₽4429
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28967
₽38656
₽33250
₽20171
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
114 000
trade
-
-
-
9 689
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.

-
-
-
6 831
income

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

-
-
-
28 350
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.

-
-
-
1 560
total
-
-
-
46 430
Employee

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

49 751
-
114 000
-
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.

226
-
1 560
-
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.

4 091
-
28 350
-
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.

6 831
-
6 831
-
total
11 148
-
36 741
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
64 249
114 000
-
-
trade
9 220
16 358
-
-
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.

529
941
-
-
income
9 637
17 100
-
-
chamber of commerce
247
319
-
-
total
19 633
34 718
-
-
Dividends
44 616
79 282
-
-
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.

592
1 068
-
-
withholding
10 774
19 440
-
-
total
11 366
20 508
-
-
Income
114 000
114 000
114 000
114 000
Total tax
42 147
55 226
36 741
46 430
After tax
71 853
58 774
77 259
67 570
Living cost
38 603
38 603
38 603
38 603
Free-cash
33 250
20 171
38 656
28 967

Estimated living cost  is ₽38603 per week

₽26629
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽560
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7260
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17535
₽17535
₽25049
₽22842
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
114 000
social contributions
-
-
-
10 434
income
-
-
-
29 073
total
-
-
-
39 507
Employee
78 213
-
114 000
-
social contributions
6 498
-
10 434
-
income
14 759
-
29 073
-
total
21 257
-
39 507
-
Employer
78 213
-
114 000
-
total
-
-
-
-
Corporate
35 787
114 000
-
-
income
4 474
14 250
-
-
total
4 474
14 250
-
-
Dividends
31 312
99 750
-
-
withholding
6 262
19 950
-
-
total
6 262
19 950
-
-
Income
114 000
114 000
114 000
114 000
Total tax
31 993
34 200
39 507
39 507
After tax
82 007
79 800
74 493
74 493
Living cost
56 958
56 958
56 958
56 958
Free-cash
25 049
22 842
17 535
17 535

Estimated living cost  is ₽56958 per week

₽43333
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4641
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8440
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42567
₽47647
₽36015
₽32521
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
114 000
health

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

-
-
-
6 675
income
-
-
-
28 462
total
-
-
-
35 137
Employee
45 869
-
109 401
-
social contributions
4 596
-
4 599
-
income
4 977
-
20 859
-
total
9 573
-
25 458
-
Employer
45 869
-
109 401
-
social contributions
4 596
-
4 599
-
total
4 596
-
4 599
-
Corporate
63 535
114 000
-
-
income
22 237
39 900
-
-
total
22 237
39 900
-
-
Dividends
41 299
74 100
-
-
social contributions
5 283
5 283
-
-
total
5 283
5 283
-
-
Income
114 000
114 000
114 000
114 000
Total tax
41 689
45 183
30 057
35 137
After tax
72 311
68 817
83 943
78 863
Living cost
36 296
36 296
36 296
36 296
Free-cash
36 015
32 521
47 647
42 567

Estimated living cost  is ₽36296 per week

₽23908
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2861
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.
₽8969
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42987
₽32489
₽42388
₽44079
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
114 000
income
-
-
-
25 876
pensions
-
-
-
7 785
total
-
-
-
33 661
Employee
51 271
-
100 170
-
income
9 337
-
18 875
-
pensions
3 913
-
9 782
-
health
669
-
1 672
-
total
13 919
-
30 329
-
Employer
51 271
-
100 170
-
pensions
5 180
-
11 928
-
health
974
-
1 902
-
total
6 154
-
13 830
-
Corporate
56 574
114 000
-
-
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.

10 750
21 659
-
-
total
10 750
21 659
-
-
Dividends
45 824
92 341
-
-
withholding
3 437
10 910
-
-
total
3 437
10 910
-
-
Income
114 000
114 000
114 000
114 000
Total tax
34 260
32 569
44 159
33 661
After tax
79 740
81 431
69 841
80 339
Living cost
37 352
37 352
37 352
37 352
Free-cash
42 388
44 079
32 489
42 987

Estimated living cost  is ₽37352 per week

₽25623
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3435
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽467
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7824
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽54424
₽36035
₽5595
-₽14494
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
114 000
other
-
-
-
369
accident
-
-
-
252
health
-
-
-
2 172
income
-
-
-
28 910
pensions
-
-
-
4 145
total
-
-
-
35 848
Employee
37 325
-
98 949
-
income
5 121
-
20 257
-
pensions
4 203
-
7 599
-
health
4 274
-
11 330
-
total
13 598
-
39 186
-
Employer
37 325
-
98 949
-
pensions
6 069
-
10 974
-
accident
623
-
1 653
-
unemployment
914
-
2 424
-
total
7 606
-
15 051
-
Corporate
69 068
114 000
-
-
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.

62 161
102 600
-
-
total
62 161
102 600
-
-
Dividends
6 907
11 400
-
-
withholding
1 312
2 166
-
-
total
1 312
2 166
-
-
Income
114 000
114 000
114 000
114 000
Total tax
84 677
104 766
54 237
35 848
After tax
29 323
9 234
59 763
78 152
Living cost
23 728
23 728
23 728
23 728
Free-cash
5 595
-14 494
36 035
54 424

Estimated living cost  is ₽23728 per week

₽17414
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1383
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4454
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Poland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should use a business incubator or set up a company and hire themselves as an employee.

Source of data for Warsaw model

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Skopje , Macedonia
₽51292
₽60663
₽78539
₽82430
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
114 000
work injury
-
-
-
570
unemployment
-
-
-
1 368
income
-
-
-
17 857
health insurance
-
-
-
8 436
pensions
-
-
-
20 976
total
-
-
-
49 207
Employee

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

21 601
-
114 000
-
income
2 160
-
17 857
-
work injury
108
-
400
-
pensions
3 975
-
14 706
-
unemployment
259
-
959
-
health insurance
1 598
-
5 914
-
total
8 100
-
39 836
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
92 399
114 000
-
-
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%.

-
1 140
-
-
total
-
1 140
-
-
Dividends
92 399
112 860
-
-
withholding
13 860
16 929
-
-
total
13 860
16 929
-
-
Income
114 000
114 000
114 000
114 000
Total tax
21 960
18 069
39 836
49 207
After tax
92 040
95 931
74 164
64 793
Living cost
13 501
13 501
13 501
13 501
Free-cash
78 539
82 430
60 663
51 292

Estimated living cost  is ₽13501 per week

₽8364
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽981
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽421
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3735
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16482
₽11269
₽15665
₽20214
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
114 000
social contributions
-
-
-
29 322
municipal
-
-
-
763
national
-
-
-
25 195
regional
-
-
-
2 405
total
-
-
-
57 685
Employee
84 257
-
114 000
-
national
14 239
-
21 730
-
social contributions
28 411
-
38 441
-
municipal
503
-
679
-
regional
1 272
-
2 048
-
total
44 425
-
62 898
-
Employer
84 257
-
114 000
-
total
-
-
-
-
Corporate
29 743
114 000
-
-
nationa
7 138
27 360
-
-
municipal
1 434
5 495
-
-
total
8 572
32 855
-
-
Dividends
21 170
81 145
-
-
withholding
5 505
21 098
-
-
total
5 505
21 098
-
-
Income
114 000
114 000
114 000
114 000
Total tax
58 502
53 953
62 898
57 685
After tax
55 498
60 047
51 102
56 315
Living cost
39 833
39 833
39 833
39 833
Free-cash
15 665
20 214
11 269
16 482

Estimated living cost  is ₽39833 per week

₽27980
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2740
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽601
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8510
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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