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
₽ 115000
per

Your estimated
City
free-cash

Dresden , Germany
₽27538
₽38705
₽36656
₽47379
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
115 000
trade
-
-
-
10 723
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.

-
-
-
28 588
health

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

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

-
-
-
6 894
surtax

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

-
-
-
1 572
total
-
-
-
47 777
Employee

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

38 599
-
115 000
-
health

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

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

6 894
-
6 894
-
surtax

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

59
-
1 572
-
income

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

1 078
-
28 588
-
total
8 031
-
37 054
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
76 401
115 000
-
-
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.

630
948
-
-
income
11 460
17 249
-
-
trade
12 032
18 113
-
-
chamber of commerce
262
318
-
-
total
24 384
36 628
-
-
Dividends
52 016
78 372
-
-
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.

693
1 057
-
-
withholding
12 620
19 210
-
-
total
13 313
20 267
-
-
Income
115 000
115 000
115 000
115 000
Total tax
45 728
56 895
37 054
47 777
After tax
69 272
58 105
77 946
67 223
Living cost
30 567
30 567
30 567
30 567
Free-cash
38 705
27 538
47 379
36 656

Estimated living cost  is ₽30567 per week

₽19227
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3564
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7205
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Dresden model

Close
Reykjavik , Iceland
₽20766
₽19918
₽17973
₽18875
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
115 000
municipal
-
-
-
12 158
pensions
-
-
-
13 800
national
-
-
-
18 839
social contributions
-
-
-
1 236
total
-
-
-
46 033
Employee
79 050
-
99 416
-
municipal
9 764
-
12 603
-
pensions
3 162
-
3 977
-
national
15 130
-
19 529
-
total
28 056
-
36 109
-
Employer
79 050
-
99 416
-
social contributions
850
-
1 069
-
pensions
6 324
-
7 953
-
total
7 174
-
9 022
-
Corporate
23 559
115 000
-
-
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%.

4 712
23 000
-
-
total
4 712
23 000
-
-
Dividends
18 847
92 000
-
-
withholding
4 146
20 240
-
-
total
4 146
20 240
-
-
Income
115 000
115 000
115 000
115 000
Total tax
44 088
43 240
45 131
46 033
After tax
70 912
71 760
69 869
68 967
Living cost
50 994
50 994
50 994
50 994
Free-cash
19 918
20 766
18 875
17 973

Estimated living cost  is ₽50994 per week

₽34660
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4740
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽763
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10830
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

It is very difficult to get a residence permit on a basis of self-employment for a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit). EU/EFTA nationals and long-term EU resident permit holders can register self-employed and apply for a permanent residence.

Source of data for Reykjavik model

Close
Riga , Latvia
₽71005
₽62726
₽40235
₽43664
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
115 000
microenterprise
-
-
-
-
income
-
-
-
16 797
surtax
-
-
-
-
social contributions

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

-
-
-
36 973
total
-
-
-
53 770
Employee
29 488
-
92 674
-
social contributions

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

3 244
-
10 194
-
surtax
-
-
-
-
income
5 249
-
17 821
-
total
8 493
-
28 015
-
Employer
29 488
-
92 674
-
social contributions

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

7 103
-
22 326
-
surtax
-
-
-
-
total
7 103
-
22 326
-
Corporate
78 409
115 000
-
-
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%.

15 683
23 000
-
-
total
15 683
23 000
-
-
Dividends

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

62 726
92 000
-
-
total
-
-
-
-
Income
115 000
115 000
115 000
115 000
Total tax
31 279
23 000
50 341
53 770
After tax
83 721
92 000
64 659
61 230
Living cost
20 995
20 995
20 995
20 995
Free-cash
62 726
71 005
43 664
40 235

Estimated living cost  is ₽20995 per week

₽13394
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1999
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5125
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Riga model

Close
Rotterdam , Netherlands
₽13727
₽7542
₽23370
₽17741
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
115 000
income
-
-
-
25 087
pensions
-
-
-
11 824
health
-
-
-
12 444
total
-
-
-
49 355
Employee
86 179
86 179
97 862
-
health
13 228
11 251
11 918
-
income

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

14 106
14 106
14 106
-
pensions
15 512
11 824
11 824
-
total
42 846
37 181
37 848
-
Employer
86 179
86 179
97 862
-
unemployment
3 102
3 102
3 524
-
pensions
5 998
5 998
6 812
-
health
5 990
5 990
6 800
-
total
15 090
15 090
17 136
-
Corporate
14 787
13 730
-
-
income
2 957
2 746
-
-
total
2 957
2 746
-
-
Dividends
11 830
10 984
-
-
income
2 515
2 334
-
-
withholding
1 775
1 647
-
-
total
4 290
3 981
-
-
Income
115 000
115 000
115 000
115 000
Total tax
65 183
58 998
54 984
49 355
After tax
49 817
56 002
60 016
65 645
Living cost
42 276
42 276
42 276
42 276
Free-cash
7 542
13 727
17 741
23 370

Estimated living cost  is ₽42276 per week

₽29960
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3811
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽672
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7833
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rotterdam model

Close
Stockholm , Sweden
₽23800
₽22924
₽22431
₽21381
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
115 000
municipal
-
-
-
26 911
accident
-
-
-
171
pensions
-
-
-
9 237
other
-
-
-
9 930
unemployment
-
-
-
86
health
-
-
-
5 332
national
-
-
-
1 912
total
-
-
-
53 579
Employee
55 558
-
88 151
-
municipal
16 567
-
26 287
-
national
-
-
1 493
-
total
16 567
-
27 780
-
Employer
55 558
-
88 151
-
accident
111
-
171
-
other
6 456
-
9 930
-
unemployment
1 467
-
2 256
-
pensions
6 006
-
9 237
-
health
3 417
-
5 255
-
total
17 457
-
26 849
-
Corporate
41 986
115 000
-
-
income
9 237
25 300
-
-
total
9 237
25 300
-
-
Dividends
32 749
89 700
-
-
withholding
9 825
26 910
-
-
total
9 825
26 910
-
-
Income
115 000
115 000
115 000
115 000
Total tax
53 086
52 210
54 629
53 579
After tax
61 914
62 790
60 371
61 421
Living cost
38 990
38 990
38 990
38 990
Free-cash
22 924
23 800
21 381
22 431

Estimated living cost  is ₽38990 per week

₽25841
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3826
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8731
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Stockholm model

Close
Hamburg , Germany
₽17871
₽32047
₽27103
₽38302
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
115 000
trade
-
-
-
11 199
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.

-
-
-
28 588
health

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

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

-
-
-
6 894
surtax

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

-
-
-
1 572
total
-
-
-
48 253
Employee

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

51 177
-
115 000
-
health

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

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

6 894
-
6 894
-
surtax

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

241
-
1 572
-
income

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

4 397
-
28 588
-
total
11 532
-
37 054
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
63 823
115 000
-
-
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.

527
948
-
-
income
9 574
17 249
-
-
trade
10 499
18 917
-
-
chamber of commerce
243
316
-
-
total
20 843
37 430
-
-
Dividends
42 981
77 570
-
-
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.

571
1 046
-
-
withholding
10 363
19 009
-
-
total
10 934
20 055
-
-
Income
115 000
115 000
115 000
115 000
Total tax
43 309
57 485
37 054
48 253
After tax
71 691
57 515
77 946
66 747
Living cost
39 644
39 644
39 644
39 644
Free-cash
32 047
17 871
38 302
27 103

Estimated living cost  is ₽39644 per week

₽26514
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4181
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8357
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51369
₽47180
₽48055
₽46810
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
115 000
income
-
-
-
14 953
health
-
-
-
2 932
social contributions
-
-
-
16 328
total
-
-
-
34 213
Employee
77 600
77 600
104 402
-
social contributions
3 771
6 440
8 666
-
health
772
1 319
1 775
-
income
8 149
7 183
14 419
-
total
12 692
14 942
24 860
-
Employer
77 600
77 600
104 402
-
social contributions
3 771
6 440
8 666
-
health
841
1 436
1 932
-
total
4 612
7 876
10 598
-
Corporate
64 965
29 523
-
-
income
8 120
3 690
-
-
total
8 120
3 690
-
-
Dividends
56 845
25 833
-
-
withholding
9 664
4 391
-
-
total
9 664
4 391
-
-
Income
115 000
115 000
115 000
115 000
Total tax
35 088
30 899
35 458
34 213
After tax
79 912
84 101
79 542
80 787
Living cost
32 732
32 732
32 732
32 732
Free-cash
47 180
51 369
46 810
48 055

Estimated living cost  is ₽32732 per week

₽22376
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2557
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7251
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Limassol model

Close
Budapest , Hungary
₽46396
₽46778
₽61329
₽48329
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
115 000
income
-
-
-
14 059
pensions
-
-
-
11 500
unemployment
-
-
-
1 725
health
-
-
-
8 050
total
-
-
-
35 334
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.

26 470
10 535
96 234
-
health
1 853
737
6 736
-
income
3 236
1 288
11 765
-
pensions
2 647
1 053
9 623
-
unemployment
397
158
1 444
-
total
8 133
3 236
29 568
-
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.

26 470
10 535
96 234
-
pensions
5 162
2 054
18 766
-
total
5 162
2 054
18 766
-
Corporate
83 369
102 411
-
-
income
7 503
9 217
-
-
total
7 503
9 217
-
-
Dividends
75 866
93 194
-
-
social contributions
14 673
18 053
-
-
withholding
14 414
17 707
-
-
total
29 087
35 760
-
-
Income
115 000
115 000
115 000
115 000
Total tax
49 885
50 267
48 334
35 334
After tax
65 115
64 733
66 666
79 666
Living cost
18 337
18 337
18 337
18 337
Free-cash
46 778
46 396
48 329
61 329

Estimated living cost  is ₽18337 per week

₽12513
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1500
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽366
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3957
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Budapest model

Close
Tallinn , Estonia
₽67625
₽61354
₽37265
₽41908
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
115 000
income
-
-
-
15 411
pensions
-
-
-
23 000
health
-
-
-
14 949
total
-
-
-
53 360
Employee
28 629
-
85 950
-
income
3 223
-
16 571
-
pensions
573
-
1 720
-
unemployment
458
-
1 375
-
total
4 254
-
19 666
-
Employer
28 629
-
85 950
-
unemployment
230
-
688
-
pensions
5 726
-
17 190
-
health
3 721
-
11 173
-
total
9 677
-
29 051
-
Corporate
76 695
115 000
-
-
income
15 340
23 000
-
-
total
15 340
23 000
-
-
Dividends
61 355
92 000
-
-
total
-
-
-
-
Income
115 000
115 000
115 000
115 000
Total tax
29 271
23 000
48 717
53 360
After tax
85 729
92 000
66 283
61 640
Living cost
24 375
24 375
24 375
24 375
Free-cash
61 354
67 625
41 908
37 265

Estimated living cost  is ₽24375 per week

₽16719
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1452
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5715
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Tallinn model

Close
Gdansk , Poland
-₽12754
₽5929
₽56767
₽38229
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
115 000
accident
-
-
-
253
income
-
-
-
29 177
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
36 164
Employee
34 715
-
99 835
-
health
3 975
-
11 431
-
income
4 763
-
20 453
-
pensions
3 909
-
7 653
-
total
12 647
-
39 537
-
Employer
34 715
-
99 835
-
accident
580
-
1 667
-
unemployment
850
-
2 446
-
pensions
5 645
-
11 052
-
total
7 075
-
15 165
-
Corporate
73 210
115 000
-
-
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.

65 889
103 500
-
-
total
65 889
103 500
-
-
Dividends
7 321
11 500
-
-
withholding
1 391
2 185
-
-
total
1 391
2 185
-
-
Income
115 000
115 000
115 000
115 000
Total tax
87 002
105 685
54 702
36 164
After tax
27 998
9 315
60 298
78 836
Living cost
22 069
22 069
22 069
22 069
Free-cash
5 929
-12 754
38 229
56 767

Estimated living cost  is ₽22069 per week

₽16174
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4211
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽100171
₽98470
₽104771
₽82921
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
115 000
microenterprise

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

-
-
-
1 150
total
-
-
-
1 150
Employee
11 349
-
115 000
-
income
2 269
-
23 000
-
total
2 269
-
23 000
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

103 651
115 000
-
-
total
-
-
-
-
Dividends
103 651
115 000
-
-
withholding
5 182
5 750
-
-
total
5 182
5 750
-
-
Income
115 000
115 000
115 000
115 000
Total tax
7 451
5 750
23 000
1 150
After tax
107 549
109 250
92 000
113 850
Living cost
9 079
9 079
9 079
9 079
Free-cash
98 470
100 171
82 921
104 771

Estimated living cost  is ₽9079 per week

₽5627
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽755
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽250
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2448
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Batumi model

Close
Bratislava , Slovakia
₽57601
₽50785
₽35039
₽39795
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
115 000
income
-
-
-
14 949
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.

-
-
-
27 600
other
-
-
-
5 462
health
-
-
-
5 060
total
-
-
-
53 071
Employee
36 642
-
91 852
-
health
513
-
1 285
-
income
6 308
-
16 535
-
pensions

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

2 564
-
6 429
-
unemployment
366
-
919
-
total
9 751
-
25 168
-
Employer
36 642
-
91 852
-
accident
293
-
735
-
other
1 833
-
4 592
-
unemployment
366
-
919
-
pensions

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

6 230
-
15 616
-
health
513
-
1 285
-
total
9 235
-
23 147
-
Corporate
69 124
115 000
-
-
income
14 516
24 149
-
-
total
14 516
24 149
-
-
Dividends
54 607
90 851
-
-
withholding
3 823
6 360
-
-
total
3 823
6 360
-
-
Income
115 000
115 000
115 000
115 000
Total tax
37 325
30 509
48 315
53 071
After tax
77 675
84 491
66 685
61 929
Living cost
26 890
26 890
26 890
26 890
Free-cash
50 785
57 601
39 795
35 039

Estimated living cost  is ₽26890 per week

₽19000
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1816
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽433
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5642
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Bratislava model

Close
London , United Kingdom
₽14384
₽4526
₽13293
₽2693
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
115 000
income
-
-
-
26 136
pensions
-
-
-
7 844
total
-
-
-
33 980
Employee
95 823
-
101 045
-
health
1 579
-
1 686
-
income
17 273
-
19 069
-
pensions
9 244
-
9 871
-
total
28 096
-
30 626
-
Employer
95 823
-
101 045
-
pensions
11 314
-
12 034
-
health
1 820
-
1 920
-
total
13 134
-
13 954
-
Corporate
6 043
115 000
-
-
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.

1 149
21 850
-
-
total
1 149
21 850
-
-
Dividends
4 894
93 150
-
-
withholding
368
11 039
-
-
total
368
11 039
-
-
Income
115 000
115 000
115 000
115 000
Total tax
42 747
32 889
44 580
33 980
After tax
72 253
82 111
70 420
81 020
Living cost
67 727
67 727
67 727
67 727
Free-cash
4 526
14 384
2 693
13 293

Estimated living cost  is ₽67727 per week

₽50749
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7957
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8470
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

The only visa which will gain you entry to the UK as a freelancer is Tier 1 (with an exception of EU nationals or long-term UK residence permit holders, up until Brexit). There are two Tier 1 visa pathways.

You can either apply for an Entrepreneur visa which requires an investment of at least £200000 and creating two full time jobs, or choose an Exceptional Talent visa, which has no financial requirements but is more difficult to obtain.

Source of data for London model

Close
Varna , Bulgaria
₽85086
₽80395
₽75094
₽78925
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
115 000
income
-
-
-
17 250
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
26 667
Employee
17 531
-
108 080
-
health
806
-
1 622
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
income
1 753
-
10 808
-
pensions

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

1 539
-
3 097
-
total
4 291
-
15 915
-
Employer
17 531
-
108 080
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
unemployment
105
-
212
-
pensions

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

1 932
-
3 887
-
health
1 210
-
2 434
-
total
3 440
-
6 921
-
Corporate
94 029
115 000
-
-
income
9 403
11 500
-
-
total
9 403
11 500
-
-
Dividends
84 626
103 500
-
-
withholding
4 232
5 175
-
-
total
4 232
5 175
-
-
Income
115 000
115 000
115 000
115 000
Total tax
21 366
16 675
22 836
26 667
After tax
93 634
98 325
92 164
88 333
Living cost
13 239
13 239
13 239
13 239
Free-cash
80 395
85 086
78 925
75 094

Estimated living cost  is ₽13239 per week

₽7729
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽945
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽351
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4214
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Varna model

Close
Amsterdam , Netherlands
₽42
₽2578
₽9685
₽4056
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
115 000
income
-
-
-
25 087
pensions
-
-
-
11 824
health
-
-
-
12 444
total
-
-
-
49 355
Employee
93 563
86 179
97 862
-
health
11 672
11 251
11 918
-
income

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

14 106
14 106
14 106
-
pensions
11 824
11 824
11 824
-
total
37 602
37 181
37 848
-
Employer
93 563
86 179
97 862
-
unemployment
3 369
3 102
3 524
-
pensions
6 511
5 998
6 812
-
health
6 502
5 990
6 800
-
total
16 382
15 090
17 136
-
Corporate
5 056
13 730
-
-
income
1 011
2 746
-
-
total
1 011
2 746
-
-
Dividends
4 045
10 984
-
-
income
860
2 334
-
-
withholding
607
1 647
-
-
total
1 467
3 981
-
-
Income
115 000
115 000
115 000
115 000
Total tax
56 462
58 998
54 984
49 355
After tax
58 538
56 002
60 016
65 645
Living cost
55 960
55 960
55 960
55 960
Free-cash
2 578
42
4 056
9 685

Estimated living cost  is ₽55960 per week

₽41280
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4998
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽642
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9041
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Amsterdam model

Close
Brno , Czech Republic
₽55008
₽46385
₽31841
₽34189
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
115 000
income
-
-
-
9 884
health
-
-
-
15 525
solidarity contribution
-
-
-
-
social contributions
-
-
-
33 580
total
-
-
-
58 989
Employee
35 544
-
85 821
-
social contributions
2 310
-
5 578
-
health
4 798
-
11 586
-
solidarity contribution
-
-
-
-
income
4 265
-
10 298
-
total
11 373
-
27 462
-
Employer
35 544
-
85 821
-
social contributions
8 886
-
21 455
-
health
3 199
-
7 724
-
total
12 085
-
29 179
-
Corporate
67 371
115 000
-
-
income
12 801
21 850
-
-
total
12 801
21 850
-
-
Dividends
54 571
93 150
-
-
withholding
8 186
13 972
-
-
total
8 186
13 972
-
-
Income
115 000
115 000
115 000
115 000
Total tax
44 445
35 822
56 641
58 989
After tax
70 555
79 178
58 359
56 011
Living cost
24 170
24 170
24 170
24 170
Free-cash
46 385
55 008
34 189
31 841

Estimated living cost  is ₽24170 per week

₽16789
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.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5186
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18774
₽13505
₽15447
₽9978
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
115 000
municipal
-
-
-
684
regional
-
-
-
1 294
national
-
-
-
25 413
social contributions
-
-
-
29 579
total
-
-
-
56 970
Employee
89 689
-
115 000
-
social contributions
30 243
-
38 779
-
regional
846
-
1 135
-
municipal
475
-
609
-
national
15 541
-
21 916
-
total
47 105
-
62 439
-
Employer
89 689
-
115 000
-
total
-
-
-
-
Corporate
25 311
115 000
-
-
nationa
6 075
27 600
-
-
municipal
986
4 485
-
-
total
7 061
32 085
-
-
Dividends
18 250
82 915
-
-
withholding
4 746
21 558
-
-
total
4 746
21 558
-
-
Income
115 000
115 000
115 000
115 000
Total tax
58 912
53 643
62 439
56 970
After tax
56 088
61 357
52 561
58 030
Living cost
42 583
42 583
42 583
42 583
Free-cash
13 505
18 774
9 978
15 447

Estimated living cost  is ₽42583 per week

₽29684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2792
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽653
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9453
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Milan model

Close
Thessaloniki , Greece
₽50067
₽46926
₽34823
₽32933
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
115 000
income
-
-
-
23 450
pensions
-
-
-
23 000
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
8 164
surtax
-
-
-
3 064
total
-
-
-
57 908
Employee
33 373
-
95 001
-
other
-
-
-
-
health
852
-
2 423
-
surtax
109
-
2 765
-
income
5 594
-
21 662
-
pensions
2 225
-
6 337
-
unemployment
2 323
-
6 613
-
total
11 103
-
39 800
-
Employer
33 373
-
95 001
-
other
-
-
-
-
unemployment
1 057
-
3 012
-
pensions
4 449
-
12 664
-
health
1 519
-
4 322
-
total
7 025
-
19 998
-
Corporate
74 603
115 000
-
-
income
19 396
29 900
-
-
total
19 396
29 900
-
-
Dividends
55 207
85 100
-
-
withholding
8 281
12 764
-
-
total
8 281
12 764
-
-
Income
115 000
115 000
115 000
115 000
Total tax
45 805
42 664
59 798
57 908
After tax
69 195
72 336
55 202
57 092
Living cost
22 269
22 269
22 269
22 269
Free-cash
46 926
50 067
32 933
34 823

Estimated living cost  is ₽22269 per week

₽13616
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2055
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6084
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Thessaloniki model

Close
Cambridge , United Kingdom
₽35842
₽31925
₽34751
₽24151
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
115 000
income
-
-
-
26 136
pensions
-
-
-
7 844
total
-
-
-
33 980
Employee
64 218
-
101 045
-
health
932
-
1 686
-
income
11 566
-
19 069
-
pensions
5 451
-
9 871
-
total
17 949
-
30 626
-
Employer
64 218
-
101 045
-
pensions
6 952
-
12 034
-
health
1 220
-
1 920
-
total
8 172
-
13 954
-
Corporate
42 610
115 000
-
-
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.

8 096
21 850
-
-
total
8 096
21 850
-
-
Dividends
34 515
93 150
-
-
withholding
2 589
11 039
-
-
total
2 589
11 039
-
-
Income
115 000
115 000
115 000
115 000
Total tax
36 806
32 889
44 580
33 980
After tax
78 194
82 111
70 420
81 020
Living cost
46 269
46 269
46 269
46 269
Free-cash
31 925
35 842
24 151
34 751

Estimated living cost  is ₽46269 per week

₽34665
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3468
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7652
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

The only visa which will gain you entry to the UK as a freelancer is Tier 1 (with an exception of EU nationals or long-term UK residence permit holders, up until Brexit). There are two Tier 1 visa pathways.

You can either apply for an Entrepreneur visa which requires an investment of at least £200000 and creating two full time jobs, or choose an Exceptional Talent visa, which has no financial requirements but is more difficult to obtain.

Source of data for Cambridge model

Close
Zurich , Switzerland
-₽23685
₽8947
₽19037
₽13333
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
115 000
city
-
-
-
1 213
pensions
-
-
-
10 580
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.

-
-
-
2 300
regional
-
-
-
4 363
health
-
-
-
259
national
-
-
-
975
total
-
-
-
19 690
Employee
89 259
-
102 931
-
city
958
-
1 105
-
regional
2 923
-
3 736
-
health
202
-
231
-
pensions
7 499
-
8 647
-
unemployment
-
-
-
-
national
422
-
738
-
total
12 004
-
14 457
-
Employer
89 259
-
102 931
-
other

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

1 785
-
2 059
-
unemployment
-
-
-
-
pensions
7 499
-
8 647
-
health
202
-
231
-
total
9 486
-
10 937
-
Corporate
15 275
115 000
-
-
regional
3 230
24 322
-
-
national
1 299
9 775
-
-
total
4 529
34 097
-
-
Dividends
10 746
80 902
-
-
withholding
3 761
28 315
-
-
total
3 761
28 315
-
-
Income
115 000
115 000
115 000
115 000
Total tax
29 780
62 412
25 394
19 690
After tax
85 220
52 588
89 606
95 310
Living cost
76 273
76 273
76 273
76 273
Free-cash
8 947
-23 685
13 333
19 037

Estimated living cost  is ₽76273 per week

₽49599
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6845
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽936
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18892
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽10693
₽27056
₽20040
₽31716
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
115 000
trade
-
-
-
11 676
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.

-
-
-
28 588
health

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

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

-
-
-
6 894
surtax

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

-
-
-
1 572
total
-
-
-
48 730
Employee

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

60 649
-
115 000
-
health

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

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

6 894
-
6 894
-
surtax

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

393
-
1 572
-
income

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

7 132
-
28 588
-
total
14 419
-
37 054
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
54 351
115 000
-
-
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.

448
948
-
-
income
8 153
17 249
-
-
trade
9 321
19 722
-
-
chamber of commerce
230
316
-
-
total
18 152
38 235
-
-
Dividends
36 200
76 765
-
-
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.

477
1 034
-
-
withholding
8 666
18 808
-
-
total
9 143
19 842
-
-
Income
115 000
115 000
115 000
115 000
Total tax
41 714
58 077
37 054
48 730
After tax
73 286
56 923
77 946
66 270
Living cost
46 230
46 230
46 230
46 230
Free-cash
27 056
10 693
31 716
20 040

Estimated living cost  is ₽46230 per week

₽33765
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3698
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽601
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8168
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Munich model

Close
Nice , France
₽23432
₽29395
₽31296
₽35616
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
115 000
income
-
-
-
12 943
pensions
-
-
-
26 488
other
-
-
-
3 566
health
-
-
-
2 903
surtax
-
-
-
-
social contributions
-
-
-
3 277
total
-
-
-
49 177
Employee
43 191
-
92 452
-
social contributions
1 231
-
2 633
-
surtax
-
-
-
-
income
2 549
-
14 749
-
pensions
4 883
-
4 926
-
total
8 663
-
22 308
-
Employer
43 191
-
92 452
-
other
1 490
-
3 191
-
social contributions
130
-
278
-
unemployment
1 748
-
3 744
-
pensions
7 095
-
8 561
-
health
3 024
-
6 775
-
total
13 487
-
22 549
-
Corporate
58 321
115 000
-
-
surtax
-
-
-
-
income
16 330
32 200
-
-
total
16 330
32 200
-
-
Dividends
41 991
82 800
-
-
surtax
-
-
-
-
social contributions
7 222
14 243
-
-
withholding
5 376
10 598
-
-
total
12 598
24 841
-
-
Income
115 000
115 000
115 000
115 000
Total tax
51 078
57 041
44 857
49 177
After tax
63 922
57 959
70 143
65 823
Living cost
34 527
34 527
34 527
34 527
Free-cash
29 395
23 432
35 616
31 296

Estimated living cost  is ₽34527 per week

₽21771
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2808
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽588
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9363
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Nice model

Close
Marseille , France
₽26853
₽32461
₽34717
₽39037
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
115 000
income
-
-
-
12 943
pensions
-
-
-
26 488
other
-
-
-
3 566
health
-
-
-
2 903
surtax
-
-
-
-
social contributions
-
-
-
3 277
total
-
-
-
49 177
Employee
38 554
-
92 452
-
social contributions
1 099
-
2 633
-
surtax
-
-
-
-
income
1 988
-
14 749
-
pensions
4 361
-
4 926
-
total
7 448
-
22 308
-
Employer
38 554
-
92 452
-
other
1 331
-
3 191
-
social contributions
115
-
278
-
unemployment
1 561
-
3 744
-
pensions
6 335
-
8 561
-
health
2 698
-
6 775
-
total
12 040
-
22 549
-
Corporate
64 406
115 000
-
-
surtax
-
-
-
-
income
18 034
32 200
-
-
total
18 034
32 200
-
-
Dividends
46 372
82 800
-
-
surtax
-
-
-
-
social contributions
7 976
14 243
-
-
withholding
5 935
10 598
-
-
total
13 911
24 841
-
-
Income
115 000
115 000
115 000
115 000
Total tax
51 433
57 041
44 857
49 177
After tax
63 567
57 959
70 143
65 823
Living cost
31 106
31 106
31 106
31 106
Free-cash
32 461
26 853
39 037
34 717

Estimated living cost  is ₽31106 per week

₽18040
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3160
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9317
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Marseille model

Close
Vilnius , Lithuania
₽48762
₽49286
₽52456
₽51927
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
115 000
income
-
-
-
17 249
health
-
-
-
8 026
social contributions
-
-
-
15 870
total
-
-
-
41 145
Employee
34 217
-
115 000
-
social contributions
4 723
-
15 870
-
health
2 388
-
8 026
-
income
5 707
-
17 778
-
total
12 818
-
41 674
-
Employer
34 217
-
115 000
-
total
-
-
-
-
Corporate
80 783
115 000
-
-
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%.

4 039
5 749
-
-
total
4 039
5 749
-
-
Dividends
76 744
109 251
-
-
health
5 356
7 626
-
-
social contributions
10 590
15 077
-
-
withholding
11 512
16 387
-
-
total
27 458
39 090
-
-
Income
115 000
115 000
115 000
115 000
Total tax
44 315
44 839
41 674
41 145
After tax
70 685
70 161
73 326
73 855
Living cost
21 399
21 399
21 399
21 399
Free-cash
49 286
48 762
51 927
52 456

Estimated living cost  is ₽21399 per week

₽14321
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1319
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5265
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Vilnius model

Close
Vienna , Austria
₽28669
₽27110
₽21514
-₽2475
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
115 000
chamber of commerce
-
-
-
460
income
-
-
-
21 005
pensions
-
-
-
21 275
unemployment
-
-
-
6 190
health
-
-
-
8 798
surtax
-
-
-
199
total
-
-
-
57 927
Employee
50 434
40 217
89 142
-
other
504
402
891
-
health
1 951
1 557
3 449
-
income
5 741
2 966
18 595
-
pensions
5 165
4 117
9 127
-
unemployment
1 513
1 207
2 673
-
total
14 874
10 249
34 735
-
Employer
50 434
40 217
89 142
-
accident
655
523
1 159
-
other
2 396
1 909
4 234
-
chamber of commerce
201
161
356
-
unemployment
1 513
1 207
2 673
-
surtax
199
199
199
-
pensions
6 329
5 048
11 188
-
payroll
1 513
1 207
2 673
-
health
1 906
1 521
3 369
-
total
14 712
11 775
25 851
-
Corporate
49 855
63 009
85 318
-
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.

12 463
15 752
21 330
-
total
12 463
15 752
21 330
-
Dividends
37 391
47 258
-
-
withholding
10 282
12 996
-
-
total
10 282
12 996
-
-
Income
115 000
115 000
115 000
115 000
Total tax
52 331
50 772
81 916
57 927
After tax
62 669
64 228
33 084
57 073
Living cost
35 559
35 559
35 559
35 559
Free-cash
27 110
28 669
-2 475
21 514

Estimated living cost  is ₽35559 per week

₽23716
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3033
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8225
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

As a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit), you can apply for permanent residence when your business creates macroeconomic benefit. This could be an investment starting from €100,000, creating new jobs or securing existing ones, or making a substantial contribution to the region's economy. You can also be considered with a transfer of know-how to Austria or an evident commitment to develop an innovative product or technology.

Source of data for Vienna model

Close
Brussels , Belgium
₽27649
₽12514
₽15588
₽7190
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
115 000
national
-
-
-
38 329
communal

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

-
-
-
5 789
social contributions
-
-
-
18 498
total
-
-
-
62 616
Employee

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

72 186
-
89 072
-
communal

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

3 765
-
4 646
-
health

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

3 392
-
4 186
-
pensions

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

5 414
-
6 680
-
unemployment

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

628
-
776
-
national
22 193
-
28 798
-
total
35 392
-
45 086
-
Employer

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

72 186
-
89 072
-
accident

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

938
-
1 159
-
unemployment

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

1 053
-
1 300
-
surtax
8 185
-
10 100
-
pensions

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

6 396
-
7 892
-
health

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

4 439
-
5 477
-
total
21 011
-
25 928
-
Corporate
21 801
115 000
-
-
surtax
88
460
-
-
income
4 361
23 000
-
-
total
4 449
23 460
-
-
Dividends
17 352
91 540
-
-
withholding

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

4 838
27 095
-
-
total
4 838
27 095
-
-
Income
115 000
115 000
115 000
115 000
Total tax
65 690
50 555
71 014
62 616
After tax
49 310
64 445
43 986
52 384
Living cost
36 796
36 796
36 796
36 796
Free-cash
12 514
27 649
7 190
15 588

Estimated living cost  is ₽36796 per week

₽23701
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3217
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽576
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9302
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brussels model

Close
Barcelona , Spain
₽40968
₽32969
₽26557
₽23236
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
115 000
accident
-
-
-
843
income
-
-
-
23 936
pensions
-
-
-
26 470
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
51 998
Employee
50 234
-
87 201
-
other
50
-
88
-
income
10 599
-
21 982
-
pensions
2 361
-
4 098
-
unemployment
779
-
1 352
-
total
13 789
-
27 520
-
Employer
50 234
-
87 201
-
accident
994
-
1 727
-
other
400
-
697
-
unemployment
2 763
-
4 795
-
pensions
11 854
-
20 580
-
total
16 011
-
27 799
-
Corporate
48 754
115 000
-
-
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.

7 314
17 249
-
-
total
7 314
17 249
-
-
Dividends
41 440
97 751
-
-
withholding
8 472
20 338
-
-
total
8 472
20 338
-
-
Income
115 000
115 000
115 000
115 000
Total tax
45 586
37 587
55 319
51 998
After tax
69 414
77 413
59 681
63 002
Living cost
36 445
36 445
36 445
36 445
Free-cash
32 969
40 968
23 236
26 557

Estimated living cost  is ₽36445 per week

₽26838
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2585
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6496
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Barcelona model

Close
Luxembourg , Luxembourg
₽15013
₽7459
₽8923
₽13627
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
115 000
accident
-
-
-
969
income
-
-
-
11 979
pensions
-
-
-
17 238
health
-
-
-
8 080
surtax
-
-
-
5 701
communal
-
-
-
7 268
total
-
-
-
51 235
Employee
76 423
-
102 724
-
health
3 401
-
4 571
-
surtax
4 684
-
6 295
-
income
7 382
-
15 171
-
pensions
6 113
-
8 218
-
total
21 580
-
34 255
-
Employer
76 423
-
102 724
-
accident
688
-
925
-
pensions
6 113
-
8 218
-
health
2 331
-
3 133
-
total
9 132
-
12 276
-
Corporate
29 445
115 000
-
-
surtax
308
1 207
-
-
communal
-
7 762
-
-
income
4 416
17 249
-
-
total
4 724
26 218
-
-
Dividends
24 721
88 782
-
-
income
13 555
5 609
-
-
withholding
3 708
13 318
-
-
total
17 263
18 927
-
-
Income
115 000
115 000
115 000
115 000
Total tax
52 699
45 145
46 531
51 235
After tax
62 301
69 855
68 469
63 765
Living cost
54 842
54 842
54 842
54 842
Free-cash
7 459
15 013
13 627
8 923

Estimated living cost  is ₽54842 per week

₽41140
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3323
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9798
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Luxembourg model

Close
Athens , Greece
₽49669
₽46459
₽34425
₽32535
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
115 000
income
-
-
-
23 450
pensions
-
-
-
23 000
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
8 164
surtax
-
-
-
3 064
total
-
-
-
57 908
Employee
33 985
-
95 001
-
other
-
-
-
-
health
868
-
2 423
-
surtax
121
-
2 765
-
income
5 697
-
21 662
-
pensions
2 267
-
6 337
-
unemployment
2 365
-
6 613
-
total
11 318
-
39 800
-
Employer
33 985
-
95 001
-
other
-
-
-
-
unemployment
1 078
-
3 012
-
pensions
4 531
-
12 664
-
health
1 545
-
4 322
-
total
7 154
-
19 998
-
Corporate
73 860
115 000
-
-
income
19 204
29 900
-
-
total
19 204
29 900
-
-
Dividends
54 656
85 100
-
-
withholding
8 198
12 764
-
-
total
8 198
12 764
-
-
Income
115 000
115 000
115 000
115 000
Total tax
45 874
42 664
59 798
57 908
After tax
69 126
72 336
55 202
57 092
Living cost
22 667
22 667
22 667
22 667
Free-cash
46 459
49 669
32 535
34 425

Estimated living cost  is ₽22667 per week

₽13685
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1971
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6486
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Athens model

Close
Naples , Italy
₽33262
₽31019
₽30405
₽24963
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
115 000
municipal
-
-
-
684
regional
-
-
-
1 734
national
-
-
-
25 413
social contributions
-
-
-
29 579
total
-
-
-
57 410
Employee
55 980
-
115 000
-
social contributions
18 877
-
38 779
-
regional
754
-
1 548
-
municipal
297
-
609
-
national
8 869
-
21 916
-
total
28 797
-
62 852
-
Employer
55 980
-
115 000
-
total
-
-
-
-
Corporate
59 020
115 000
-
-
nationa
14 164
27 600
-
-
municipal
2 934
5 715
-
-
total
17 098
33 315
-
-
Dividends
41 922
81 685
-
-
withholding
10 901
21 238
-
-
total
10 901
21 238
-
-
Income
115 000
115 000
115 000
115 000
Total tax
56 796
54 553
62 852
57 410
After tax
58 204
60 447
52 148
57 590
Living cost
27 185
27 185
27 185
27 185
Free-cash
31 019
33 262
24 963
30 405

Estimated living cost  is ₽27185 per week

₽16906
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2754
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7059
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Naples model

Close
Prague , Czech Republic
₽49395
₽38768
₽26228
₽28576
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
115 000
income
-
-
-
9 884
health
-
-
-
15 525
solidarity contribution
-
-
-
-
social contributions
-
-
-
33 580
total
-
-
-
58 989
Employee
43 799
-
85 821
-
social contributions
2 847
-
5 578
-
health
5 913
-
11 586
-
solidarity contribution
-
-
-
-
income
5 256
-
10 298
-
total
14 016
-
27 462
-
Employer
43 799
-
85 821
-
social contributions
10 950
-
21 455
-
health
3 942
-
7 724
-
total
14 892
-
29 179
-
Corporate
56 309
115 000
-
-
income
10 699
21 850
-
-
total
10 699
21 850
-
-
Dividends
45 610
93 150
-
-
withholding
6 842
13 972
-
-
total
6 842
13 972
-
-
Income
115 000
115 000
115 000
115 000
Total tax
46 449
35 822
56 641
58 989
After tax
68 551
79 178
58 359
56 011
Living cost
29 783
29 783
29 783
29 783
Free-cash
38 768
49 395
28 576
26 228

Estimated living cost  is ₽29783 per week

₽22149
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1650
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5469
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32142
₽31643
₽25076
₽915
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
115 000
chamber of commerce
-
-
-
460
income
-
-
-
21 005
pensions
-
-
-
21 275
unemployment
-
-
-
6 190
health
-
-
-
8 798
surtax
-
-
-
-
total
-
-
-
57 728
Employee
44 114
40 217
89 298
-
other
440
402
892
-
health
1 706
1 557
3 457
-
income
3 930
2 966
18 647
-
pensions
4 518
4 117
9 145
-
unemployment
1 323
1 207
2 679
-
total
11 917
10 249
34 820
-
Employer
44 114
40 217
89 298
-
accident
573
523
1 161
-
other
2 095
1 909
4 242
-
chamber of commerce
176
161
358
-
unemployment
1 323
1 207
2 679
-
surtax
-
-
-
-
pensions
5 537
5 048
11 207
-
payroll
1 323
1 207
2 679
-
health
1 668
1 521
3 376
-
total
12 695
11 576
25 702
-
Corporate
58 191
63 208
85 467
-
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.

14 547
15 801
21 367
-
total
14 547
15 801
21 367
-
Dividends
43 644
47 407
-
-
withholding
12 002
13 036
-
-
total
12 002
13 036
-
-
Income
115 000
115 000
115 000
115 000
Total tax
51 161
50 662
81 889
57 728
After tax
63 839
64 338
33 111
57 272
Living cost
32 196
32 196
32 196
32 196
Free-cash
31 643
32 142
915
25 076

Estimated living cost  is ₽32196 per week

₽19314
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3288
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9020
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

As a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit), you can apply for permanent residence when your business creates macroeconomic benefit. This could be an investment starting from €100,000, creating new jobs or securing existing ones, or making a substantial contribution to the region's economy. You can also be considered with a transfer of know-how to Austria or an evident commitment to develop an innovative product or technology.

Source of data for Graz model

Close
Tbilisi , Georgia
₽95101
₽92448
₽99701
₽77851
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
115 000
microenterprise

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

-
-
-
1 150
total
-
-
-
1 150
Employee
17 686
-
115 000
-
income
3 537
-
23 000
-
total
3 537
-
23 000
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

97 314
115 000
-
-
total
-
-
-
-
Dividends
97 314
115 000
-
-
withholding
4 866
5 750
-
-
total
4 866
5 750
-
-
Income
115 000
115 000
115 000
115 000
Total tax
8 403
5 750
23 000
1 150
After tax
106 597
109 250
92 000
113 850
Living cost
14 149
14 149
14 149
14 149
Free-cash
92 448
95 101
77 851
99 701

Estimated living cost  is ₽14149 per week

₽9574
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽594
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3505
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Tbilisi model

Close
Ljubljana , Slovenia
₽52111
₽43668
₽31813
₽28519
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
115 000
income
-
-
-
23 628
pensions
-
-
-
21 003
unemployment
-
-
-
172
health
-
-
-
11 316
total
-
-
-
56 119
Employee

The minimum monthly earnings used to calculate contributions are 54% (gradually rising by two percent until reaching 60% by 2021) of the insured's average monthly wage in the last year.

44 626
-
99 505
-
health
2 882
-
6 429
-
income
7 696
-
21 929
-
pensions
6 917
-
15 424
-
unemployment
63
-
140
-
total
17 558
-
43 922
-
Employer

The minimum monthly earnings used to calculate contributions are 54% (gradually rising by two percent until reaching 60% by 2021) of the insured's average monthly wage in the last year.

44 626
-
99 505
-
unemployment
27
-
59
-
pensions
3 949
-
8 806
-
health
2 972
-
6 626
-
total
6 948
-
15 491
-
Corporate
63 426
115 000
-
-
income
12 052
21 849
-
-
total
12 052
21 849
-
-
Dividends
51 375
93 151
-
-
withholding
7 706
13 972
-
-
total
7 706
13 972
-
-
Income
115 000
115 000
115 000
115 000
Total tax
44 264
35 821
59 413
56 119
After tax
70 736
79 179
55 587
58 881
Living cost
27 068
27 068
27 068
27 068
Free-cash
43 668
52 111
28 519
31 813

Estimated living cost  is ₽27068 per week

₽18576
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1735
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6234
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Ljubljana model

Close
Oslo , Norway
₽26386
-₽35594
₽35894
₽58133
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
115 000
income
-
-
-
22 416
social contributions
-
-
-
13 110
total
-
-
-
35 526
Employee
62 487
-
-
-
social contributions
5 124
-
730
-
income
13 783
-
-
-
total
18 907
-
730
-
Employer
62 487
-
-
-
social contributions
88 107
-
12 557
-
total
88 107
-
12 557
-
Corporate
-
115 000
-
-
income
-
25 300
-
-
total
-
25 300
-
-
Dividends
-
89 700
-
-
income
-
19 734
-
-
total
-
19 734
-
-
Income
115 000
115 000
115 000
115 000
Total tax
107 014
45 034
13 287
35 526
After tax
7 986
69 966
101 713
79 474
Living cost
43 580
43 580
43 580
43 580
Free-cash
-35 594
26 386
58 133
35 894

Estimated living cost  is ₽43580 per week

₽28276
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4099
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10649
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33759
₽32742
₽31987
₽25241
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
115 000
income
-
-
-
11 397
surtax
-
-
-
-
social contributions

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

-
-
-
39 962
total
-
-
-
51 359
Employee
46 414
-
92 929
-
social contributions
5 106
-
10 223
-
surtax
-
-
-
-
income
9 654
-
25 811
-
total
14 760
-
36 034
-
Employer
46 414
-
92 929
-
social contributions
11 023
-
22 071
-
total
11 023
-
22 071
-
Corporate
57 563
115 000
-
-
surtax
-
-
-
-
income
12 088
24 149
-
-
total
12 088
24 149
-
-
Dividends
45 475
90 851
-
-
withholding
12 733
25 438
-
-
total
12 733
25 438
-
-
Income
115 000
115 000
115 000
115 000
Total tax
50 604
49 587
58 105
51 359
After tax
64 396
65 413
56 895
63 641
Living cost
31 654
31 654
31 654
31 654
Free-cash
32 742
33 759
25 241
31 987

Estimated living cost  is ₽31654 per week

₽23684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1867
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽529
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5575
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Lisbon model

Close
Paris , France
₽9218
₽16155
₽17082
₽21402
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
115 000
income
-
-
-
12 943
pensions
-
-
-
26 488
other
-
-
-
3 566
health
-
-
-
2 903
surtax
-
-
-
-
social contributions
-
-
-
3 277
total
-
-
-
49 177
Employee
63 206
-
92 452
-
social contributions
1 800
-
2 633
-
surtax
-
-
-
-
income
5 515
-
14 749
-
pensions
7 149
-
4 926
-
total
14 464
-
22 308
-
Employer
63 206
-
92 452
-
other
2 181
-
3 191
-
social contributions
190
-
278
-
unemployment
2 560
-
3 744
-
pensions
10 386
-
8 561
-
health
4 424
-
6 775
-
total
19 741
-
22 549
-
Corporate
32 053
115 000
-
-
surtax
-
-
-
-
income
8 974
32 200
-
-
total
8 974
32 200
-
-
Dividends
23 079
82 800
-
-
surtax
-
-
-
-
social contributions
3 970
14 243
-
-
withholding
2 955
10 598
-
-
total
6 925
24 841
-
-
Income
115 000
115 000
115 000
115 000
Total tax
50 104
57 041
44 857
49 177
After tax
64 896
57 959
70 143
65 823
Living cost
48 742
48 742
48 742
48 742
Free-cash
16 155
9 218
21 402
17 082

Estimated living cost  is ₽48742 per week

₽32987
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3987
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽668
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11098
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Paris model

Close
Andorra , Andorra
₽73165
₽69775
₽56523
₽59579
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
115 000
income
-
-
-
2 842
social contributions
-
-
-
25 300
total
-
-
-
28 142
Employee
32 444
-
99 568
-
income
-
-
3 181
-
social contributions
2 109
-
6 473
-
total
2 109
-
9 654
-
Employer
32 444
-
99 568
-
social contributions
5 029
-
15 432
-
total
5 029
-
15 432
-
Corporate
77 527
115 000
-
-
income
7 752
11 500
-
-
total
7 752
11 500
-
-
Dividends
69 775
103 500
-
-
total
-
-
-
-
Income
115 000
115 000
115 000
115 000
Total tax
14 890
11 500
25 086
28 142
After tax
100 110
103 500
89 914
86 858
Living cost
30 335
30 335
30 335
30 335
Free-cash
69 775
73 165
59 579
56 523

Estimated living cost  is ₽30335 per week

₽19614
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2287
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7863
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Andorra has a limit of 1000 sole-trade resident permits per year, so while it isn't complicated to obtain one, it may get difficult by the end of the term.

Source of data for Andorra model

Close
Copenhagen , Denmark
-₽104971
-₽104971
₽21872
-₽104971
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
115 000
municipal
-
-
-
22 089
pensions
-
-
-
875
national
-
-
-
12 411
labour market
-
-
-
9 130
total
-
-
-
44 505
Employee
205 225
205 225
205 225
-
labour market
16 395
16 395
16 395
-
national
25 072
25 072
25 072
-
municipal
43 701
43 701
43 701
-
pensions
292
292
292
-
total
85 460
85 460
85 460
-
Employer
205 225
205 225
205 225
-
labour market
16 418
16 418
16 418
-
municipal
43 771
43 771
43 771
-
pensions
583
583
583
-
national
25 116
25 116
25 116
-
total
85 888
85 888
85 888
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
115 000
115 000
115 000
115 000
Total tax
171 348
171 348
171 348
44 505
After tax
-56 348
-56 348
-56 348
70 495
Living cost
48 623
48 623
48 623
48 623
Free-cash
-104 971
-104 971
-104 971
21 872

Estimated living cost  is ₽48623 per week

₽33278
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4301
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽748
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10296
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Copenhagen model

Close
Krakow , Poland
-₽12428
₽5980
₽57093
₽38555
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
115 000
accident
-
-
-
253
income
-
-
-
29 177
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
36 164
Employee
34 203
-
99 835
-
health
3 917
-
11 431
-
income
4 692
-
20 453
-
pensions
3 852
-
7 653
-
total
12 461
-
39 537
-
Employer
34 203
-
99 835
-
accident
571
-
1 667
-
unemployment
838
-
2 446
-
pensions
5 561
-
11 052
-
total
6 970
-
15 165
-
Corporate
73 826
115 000
-
-
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.

66 443
103 500
-
-
total
66 443
103 500
-
-
Dividends
7 383
11 500
-
-
withholding
1 403
2 185
-
-
total
1 403
2 185
-
-
Income
115 000
115 000
115 000
115 000
Total tax
87 277
105 685
54 702
36 164
After tax
27 723
9 315
60 298
78 836
Living cost
21 743
21 743
21 743
21 743
Free-cash
5 980
-12 428
38 555
57 093

Estimated living cost  is ₽21743 per week

₽15827
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1239
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4269
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Krakow model

Close
Helsinki , Finland
₽36644
₽35905
₽41340
₽25570
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
115 000
municipal
-
-
-
20 457
health
-
-
-
1 350
national
-
-
-
13 108
total
-
-
-
34 915
Employee
53 094
-
96 743
-
health
396
-
1 069
-
municipal
8 696
-
15 784
-
pensions
3 583
-
6 530
-
unemployment
797
-
1 452
-
national
877
-
7 593
-
total
14 349
-
32 428
-
Employer
53 094
-
96 743
-
accident
54
-
98
-
unemployment
345
-
628
-
pensions
9 212
-
16 786
-
health
408
-
745
-
total
10 019
-
18 257
-
Corporate
51 888
115 000
-
-
income
10 378
23 000
-
-
total
10 378
23 000
-
-
Dividends

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

31 132
69 000
-
-
national
-
4 192
-
-
municipal
5 604
12 419
-
-
total
5 604
16 611
-
-
Income
115 000
115 000
115 000
115 000
Total tax
40 350
39 611
50 685
34 915
After tax
74 650
75 389
64 315
80 085
Living cost
38 745
38 745
38 745
38 745
Free-cash
35 905
36 644
25 570
41 340

Estimated living cost  is ₽38745 per week

₽25308
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽617
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9095
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Helsinki model

Close
Larnaca , Cyprus
₽60736
₽55242
₽57422
₽56177
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
115 000
income
-
-
-
14 953
health
-
-
-
2 932
social contributions
-
-
-
16 328
total
-
-
-
34 213
Employee
77 600
77 600
104 402
-
social contributions
2 934
6 440
8 666
-
health
601
1 319
1 775
-
income
8 449
7 183
14 419
-
total
11 984
14 942
24 860
-
Employer
77 600
77 600
104 402
-
social contributions
2 934
6 440
8 666
-
health
653
1 436
1 932
-
total
3 587
7 876
10 598
-
Corporate
76 063
29 523
-
-
income
9 508
3 690
-
-
total
9 508
3 690
-
-
Dividends
66 555
25 833
-
-
withholding
11 314
4 391
-
-
total
11 314
4 391
-
-
Income
115 000
115 000
115 000
115 000
Total tax
36 393
30 899
35 458
34 213
After tax
78 607
84 101
79 542
80 787
Living cost
23 365
23 365
23 365
23 365
Free-cash
55 242
60 736
56 177
57 422

Estimated living cost  is ₽23365 per week

₽14003
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2292
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6553
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79210
₽74074
₽77695
₽57453
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
115 000
income
-
-
-
11 182
pensions
-
-
-
6 419
unemployment
-
-
-
29
health
-
-
-
3 652
total
-
-
-
21 282
Employee

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

23 164
-
105 137
-
health
1 969
-
8 139
-
income
1 584
-
8 681
-
pensions
3 474
-
14 363
-
unemployment
115
-
479
-
total
7 142
-
31 662
-
Employer

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

23 164
-
105 137
-
unemployment
115
-
479
-
pensions
1 274
-
5 266
-
health
996
-
4 117
-
total
2 385
-
9 862
-
Corporate
89 452
115 000
-
-
income
8 051
10 349
-
-
total
8 051
10 349
-
-
Dividends
81 401
104 651
-
-
withholding
7 325
9 418
-
-
total
7 325
9 418
-
-
Income
115 000
115 000
115 000
115 000
Total tax
24 903
19 767
41 524
21 282
After tax
90 097
95 233
73 476
93 718
Living cost
16 023
16 023
16 023
16 023
Free-cash
74 074
79 210
57 453
77 695

Estimated living cost  is ₽16023 per week

₽10223
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1155
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4167
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Podgorica model

Close
Valencia , Spain
₽49662
₽44408
₽35251
₽31930
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
115 000
accident
-
-
-
843
income
-
-
-
23 936
pensions
-
-
-
26 470
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
51 998
Employee
37 315
-
87 201
-
other
36
-
88
-
income
7 194
-
21 982
-
pensions
1 754
-
4 098
-
unemployment
578
-
1 352
-
total
9 562
-
27 520
-
Employer
37 315
-
87 201
-
accident
739
-
1 727
-
other
299
-
697
-
unemployment
2 053
-
4 795
-
pensions
8 806
-
20 580
-
total
11 897
-
27 799
-
Corporate
65 789
115 000
-
-
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.

9 868
17 249
-
-
total
9 868
17 249
-
-
Dividends
55 920
97 751
-
-
withholding
11 514
20 338
-
-
total
11 514
20 338
-
-
Income
115 000
115 000
115 000
115 000
Total tax
42 841
37 587
55 319
51 998
After tax
72 159
77 413
59 681
63 002
Living cost
27 751
27 751
27 751
27 751
Free-cash
44 408
49 662
31 930
35 251

Estimated living cost  is ₽27751 per week

₽18731
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2668
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5866
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Valencia model

Close
Istanbul , Turkey
₽69004
₽68550
₽70376
₽70178
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
115 000
income
-
-
-
38 401
pensions
-
-
-
2 010
health
-
-
-
1 457
total
-
-
-
41 868
Employee
4 198
-
112 738
-
health
210
-
503
-
income
812
-
38 295
-
pensions
378
-
905
-
unemployment
42
-
101
-
total
1 442
-
39 804
-
Employer
4 198
-
112 738
-
unemployment
84
-
201
-
pensions
462
-
1 106
-
health
399
-
955
-
total
945
-
2 262
-
Corporate
109 858
115 000
-
-
income
24 169
25 300
-
-
total
24 169
25 300
-
-
Dividends
85 689
89 700
-
-
withholding
17 138
17 940
-
-
total
17 138
17 940
-
-
Income
115 000
115 000
115 000
115 000
Total tax
43 694
43 240
42 066
41 868
After tax
71 306
71 760
72 934
73 132
Living cost
2 756
2 756
2 756
2 756
Free-cash
68 550
69 004
70 178
70 376

Estimated living cost  is ₽2756 per week

₽1638
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽63
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽832
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Istanbul model

Close
Belgrade , Serbia
₽65635
₽60670
₽45089
₽45090
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
115 000
income
-
-
-
24 265
pensions
-
-
-
19 392
unemployment
-
-
-
1 119
health
-
-
-
7 682
total
-
-
-
52 458
Employee

The minimum tax base for social security contributions are defined by the Law on Mandatory Social Insurance Contributions and is fixed at 35% of an average monthly salary published in Serbia. The maximum tax base for social security contributions is capped at five times the average monthly salary published by the official statistics in Serbia at the moment of salary payment.

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

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

26 319
-
101 649
-
health
1 355
-
3 841
-
income
3 628
-
24 265
-
pensions
3 685
-
10 442
-
unemployment
197
-
559
-
total
8 865
-
39 107
-
Employer

The minimum tax base for social security contributions are defined by the Law on Mandatory Social Insurance Contributions and is fixed at 35% of an average monthly salary published in Serbia. The maximum tax base for social security contributions is capped at five times the average monthly salary published by the official statistics in Serbia at the moment of salary payment.

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

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

26 319
-
101 649
-
unemployment
197
-
559
-
pensions
3 158
-
8 950
-
health
1 355
-
3 841
-
total
4 710
-
13 350
-
Corporate
83 970
115 000
-
-
income
12 596
17 250
-
-
total
12 596
17 250
-
-
Dividends
71 375
97 750
-
-
withholding
10 706
14 662
-
-
total
10 706
14 662
-
-
Income
115 000
115 000
115 000
115 000
Total tax
36 877
31 912
52 457
52 458
After tax
78 123
83 088
62 543
62 542
Living cost
17 453
17 453
17 453
17 453
Free-cash
60 670
65 635
45 090
45 089

Estimated living cost  is ₽17453 per week

₽11751
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1350
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽505
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3847
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Belgrade model

Close
Porto , Portugal
₽38207
₽37842
₽36435
₽29689
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
115 000
income
-
-
-
11 397
surtax
-
-
-
-
social contributions

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

-
-
-
39 962
total
-
-
-
51 359
Employee
39 168
-
92 929
-
social contributions
4 309
-
10 223
-
surtax
-
-
-
-
income
7 653
-
25 811
-
total
11 962
-
36 034
-
Employer
39 168
-
92 929
-
social contributions
9 302
-
22 071
-
total
9 302
-
22 071
-
Corporate
66 530
115 000
-
-
surtax
-
-
-
-
income
13 971
24 149
-
-
total
13 971
24 149
-
-
Dividends
52 560
90 851
-
-
withholding
14 717
25 438
-
-
total
14 717
25 438
-
-
Income
115 000
115 000
115 000
115 000
Total tax
49 952
49 587
58 105
51 359
After tax
65 048
65 413
56 895
63 641
Living cost
27 206
27 206
27 206
27 206
Free-cash
37 842
38 207
29 689
36 435

Estimated living cost  is ₽27206 per week

₽19270
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1890
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5565
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Porto model

Close
Madrid , Spain
₽41946
₽34287
₽27535
₽24214
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
115 000
accident
-
-
-
843
income
-
-
-
23 936
pensions
-
-
-
26 470
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
51 998
Employee
48 738
-
87 201
-
other
48
-
88
-
income
10 180
-
21 982
-
pensions
2 290
-
4 098
-
unemployment
755
-
1 352
-
total
13 273
-
27 520
-
Employer
48 738
-
87 201
-
accident
965
-
1 727
-
other
391
-
697
-
unemployment
2 681
-
4 795
-
pensions
11 502
-
20 580
-
total
15 539
-
27 799
-
Corporate
50 723
115 000
-
-
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.

7 609
17 249
-
-
total
7 609
17 249
-
-
Dividends
43 114
97 751
-
-
withholding
8 825
20 338
-
-
total
8 825
20 338
-
-
Income
115 000
115 000
115 000
115 000
Total tax
45 246
37 587
55 319
51 998
After tax
69 754
77 413
59 681
63 002
Living cost
35 467
35 467
35 467
35 467
Free-cash
34 287
41 946
24 214
27 535

Estimated living cost  is ₽35467 per week

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

Source of data for Madrid model

Close
Sofia , Bulgaria
₽80954
₽74801
₽70962
₽74793
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
115 000
income
-
-
-
17 250
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
26 667
Employee
23 001
-
108 080
-
health
1 058
-
1 622
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
income
2 300
-
10 808
-
pensions

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

2 019
-
3 097
-
total
5 630
-
15 915
-
Employer
23 001
-
108 080
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
unemployment
138
-
212
-
pensions

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

2 535
-
3 887
-
health
1 587
-
2 434
-
total
4 513
-
6 921
-
Corporate
87 486
115 000
-
-
income
8 748
11 500
-
-
total
8 748
11 500
-
-
Dividends
78 738
103 500
-
-
withholding
3 937
5 175
-
-
total
3 937
5 175
-
-
Income
115 000
115 000
115 000
115 000
Total tax
22 828
16 675
22 836
26 667
After tax
92 172
98 325
92 164
88 333
Living cost
17 370
17 370
17 370
17 370
Free-cash
74 801
80 954
74 793
70 962

Estimated living cost  is ₽17370 per week

₽11489
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽994
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽414
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4474
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sofia model

Close
Berlin , Germany
₽20330
₽33526
₽29216
₽38985
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
115 000
trade
-
-
-
9 769
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.

-
-
-
28 588
health

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

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

-
-
-
6 894
surtax

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

-
-
-
1 572
total
-
-
-
46 823
Employee

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

50 212
-
115 000
-
health

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

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

6 894
-
6 894
-
surtax

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

228
-
1 572
-
income

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

4 129
-
28 588
-
total
11 251
-
37 054
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
64 788
115 000
-
-
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.

534
948
-
-
income
9 719
17 249
-
-
trade
9 298
16 502
-
-
chamber of commerce
249
322
-
-
total
19 800
35 021
-
-
Dividends
44 988
79 979
-
-
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.

598
1 078
-
-
withholding
10 864
19 610
-
-
total
11 462
20 688
-
-
Income
115 000
115 000
115 000
115 000
Total tax
42 513
55 709
37 054
46 823
After tax
72 487
59 291
77 946
68 177
Living cost
38 961
38 961
38 961
38 961
Free-cash
33 526
20 330
38 985
29 216

Estimated living cost  is ₽38961 per week

₽26876
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4192
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7327
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Berlin model

Close
Dublin , Ireland
₽23012
₽25241
₽17669
₽17669
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
115 000
income
-
-
-
29 320
social contributions
-
-
-
10 524
total
-
-
-
39 844
Employee
78 939
-
115 000
-
income
14 896
-
29 320
-
social contributions
6 558
-
10 524
-
total
21 454
-
39 844
-
Employer
78 939
-
115 000
-
total
-
-
-
-
Corporate
36 061
115 000
-
-
income
4 508
14 375
-
-
total
4 508
14 375
-
-
Dividends
31 552
100 625
-
-
withholding
6 310
20 126
-
-
total
6 310
20 126
-
-
Income
115 000
115 000
115 000
115 000
Total tax
32 272
34 501
39 844
39 844
After tax
82 728
80 499
75 156
75 156
Living cost
57 487
57 487
57 487
57 487
Free-cash
25 241
23 012
17 669
17 669

Estimated living cost  is ₽57487 per week

₽43735
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4684
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8518
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

To obtain permanent residence for non EEA/Swiss nationals, it is required to invest a huge amount - at least €1 million aggregate investment into a new or an existing Irish business, for a minimum of three years.

Source of data for Dublin model

Close
Sliema , Malta
₽32786
₽36312
₽42900
₽48046
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
115 000
income
-
-
-
28 726
health

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

-
-
-
6 741
total
-
-
-
35 467
Employee
46 295
-
110 358
-
income
5 023
-
21 037
-
social contributions
4 638
-
4 642
-
total
9 661
-
25 679
-
Employer
46 295
-
110 358
-
social contributions
4 638
-
4 642
-
total
4 638
-
4 642
-
Corporate
64 067
115 000
-
-
income
22 424
40 249
-
-
total
22 424
40 249
-
-
Dividends
41 643
74 751
-
-
social contributions
5 332
5 332
-
-
total
5 332
5 332
-
-
Income
115 000
115 000
115 000
115 000
Total tax
42 055
45 581
30 321
35 467
After tax
72 945
69 419
84 679
79 533
Living cost
36 633
36 633
36 633
36 633
Free-cash
36 312
32 786
48 046
42 900

Estimated living cost  is ₽36633 per week

₽24130
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2888
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9053
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sliema model

Close
Edinburgh , United Kingdom
₽44496
₽42836
₽43405
₽32805
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
115 000
income
-
-
-
26 136
pensions
-
-
-
7 844
total
-
-
-
33 980
Employee
51 632
-
101 045
-
health
674
-
1 686
-
income
9 403
-
19 069
-
pensions
3 941
-
9 871
-
total
14 018
-
30 626
-
Employer
51 632
-
101 045
-
pensions
5 217
-
12 034
-
health
981
-
1 920
-
total
6 198
-
13 954
-
Corporate
57 170
115 000
-
-
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.

10 861
21 850
-
-
total
10 861
21 850
-
-
Dividends
46 309
93 150
-
-
withholding
3 472
11 039
-
-
total
3 472
11 039
-
-
Income
115 000
115 000
115 000
115 000
Total tax
34 549
32 889
44 580
33 980
After tax
80 451
82 111
70 420
81 020
Living cost
37 615
37 615
37 615
37 615
Free-cash
42 836
44 496
32 805
43 405

Estimated living cost  is ₽37615 per week

₽25804
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3459
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7879
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

The only visa which will gain you entry to the UK as a freelancer is Tier 1 (with an exception of EU nationals or long-term UK residence permit holders, up until Brexit). There are two Tier 1 visa pathways.

You can either apply for an Entrepreneur visa which requires an investment of at least £200000 and creating two full time jobs, or choose an Exceptional Talent visa, which has no financial requirements but is more difficult to obtain.

Source of data for Edinburgh model

Close
Warsaw , Poland
-₽14581
₽5648
₽54940
₽36402
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
115 000
accident
-
-
-
253
income
-
-
-
29 177
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
36 164
Employee
37 589
-
99 835
-
health
4 304
-
11 431
-
income
5 157
-
20 453
-
pensions
4 233
-
7 653
-
total
13 694
-
39 537
-
Employer
37 589
-
99 835
-
accident
628
-
1 667
-
unemployment
921
-
2 446
-
pensions
6 112
-
11 052
-
total
7 661
-
15 165
-
Corporate
69 751
115 000
-
-
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.

62 776
103 500
-
-
total
62 776
103 500
-
-
Dividends
6 975
11 500
-
-
withholding
1 325
2 185
-
-
total
1 325
2 185
-
-
Income
115 000
115 000
115 000
115 000
Total tax
85 456
105 685
54 702
36 164
After tax
29 544
9 315
60 298
78 836
Living cost
23 896
23 896
23 896
23 896
Free-cash
5 648
-14 581
36 402
54 940

Estimated living cost  is ₽23896 per week

₽17537
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1392
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.
₽4485
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83141
₽79212
₽51733
₽61168
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
115 000
work injury
-
-
-
575
health insurance
-
-
-
8 510
income
-
-
-
18 011
pensions
-
-
-
21 160
unemployment
-
-
-
1 380
total
-
-
-
49 636
Employee

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

21 810
-
115 000
-
work injury
109
-
403
-
income
2 181
-
18 011
-
pensions
4 013
-
14 848
-
health insurance
1 614
-
5 971
-
unemployment
262
-
968
-
total
8 179
-
40 201
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
93 190
115 000
-
-
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%.

-
1 150
-
-
total
-
1 150
-
-
Dividends
93 190
113 850
-
-
withholding
13 978
17 078
-
-
total
13 978
17 078
-
-
Income
115 000
115 000
115 000
115 000
Total tax
22 157
18 228
40 201
49 636
After tax
92 843
96 772
74 799
65 364
Living cost
13 631
13 631
13 631
13 631
Free-cash
79 212
83 141
61 168
51 733

Estimated living cost  is ₽13631 per week

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

Source of data for Skopje model

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Rome , Italy
₽20373
₽15781
₽16610
₽11351
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
115 000
municipal
-
-
-
768
regional
-
-
-
2 427
national
-
-
-
25 413
social contributions
-
-
-
29 579
total
-
-
-
58 187
Employee
85 039
-
115 000
-
social contributions
28 675
-
38 779
-
regional
1 284
-
2 065
-
municipal
507
-
686
-
national
14 371
-
21 916
-
total
44 837
-
63 446
-
Employer
85 039
-
115 000
-
total
-
-
-
-
Corporate
29 961
115 000
-
-
nationa
7 191
27 600
-
-
municipal
1 444
5 542
-
-
total
8 635
33 142
-
-
Dividends
21 326
81 858
-
-
withholding
5 544
21 282
-
-
total
5 544
21 282
-
-
Income
115 000
115 000
115 000
115 000
Total tax
59 016
54 424
63 446
58 187
After tax
55 984
60 576
51 554
56 813
Living cost
40 203
40 203
40 203
40 203
Free-cash
15 781
20 373
11 351
16 610

Estimated living cost  is ₽40203 per week

₽28240
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2765
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽607
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8589
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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